Source: www.np-biz-dev.com
Topic: Social Entrepreneurship
Sort Desciption: 1 Front & Centre VOICE OF CANADAS CHARITABLE, VOLUNTARY COMMUNITY July 2002 ! Vol. 9, No. 4 Title: Social entrepreneurship basics Type: article Description: How your nonprofit can enhance capacity ...
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Front & Centre
VOICE OF CANADAS CHARITABLE, VOLUNTARY COMMUNITY
July 2002 ! Vol. 9, No. 4
Title: Social entrepreneurship basics
Type: article
Description: How your nonprofit can enhance capacity, impact and sustainability.
Publication date: July 2002
Author(s): Horsnell, Andy and Pepin, John
Source: Front & Centre, Vol. 9, No. 4; pg. 1,6,7,8
Publisher/Distributor: Canadian Centre for Philanthropy
Several years ago, the Toronto-based childcare and
family counselling charity that John Pepin
administered faced a number of serious challenges:
!
Its clients needed higher-quality services,
higher than government funding supported;
!
Waiting lists for services continued to grow;
!
Government policies and funding decisions
were not effective at addressing its clients
problems; and
!
Innovation and creativity were difficult.
After considering a range of options, John and his
board decided to address these challenges
by doing what many organizations are now
considering. With the financial support of a local
corporation, they created a new employee assistance
plan business that in turn helped the organization to
diversify its revenue base and create resources that
allowed for the growth of a dynamic and relevant
organization.
Like Johns organization, you may be feeling the
pinch of having to address increased community
needs with decreased funding and increased
competition from a growing number of charities. In
certain sectors, competition from business is yet
another threat. You may be considering a range of
options to help address these challenges. One of the
most compelling and least understood of these
options is what Johns organization ultimately chose:
social entrepreneurship.
Social entrepreneurship is about starting and growing
business ventures that simultaneously contribute to
your organizational capacity, mission impact and
financial bottom line. Using social entrepreneurship,
Johns ch ...
