Monday, September 15, 2014
Financing the Social Sector
Despite the huge success of this summer's ALS Ice Bucket Challenge and various crowd-funding initiatives on Kickstarter and other social media sites, what the nonprofit sector really needs is to grow the overall funding pie from its current 2 percent of GDP to 3 percent of GDP. In order to do that, nonprofits will need to invest more in growth and develop more capacity in gaining access to capital.
Funders and investors should keep the following in mind when considering whether to support nonprofit organizations and social enterprises. In essence, this is a top 10 list of "to dos" for foundations and corporations....