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Making Money with a Mission

In this article, author Nicole Wallace discusses the growth of nonprofits operating businesses. She highlights the fact that these businesses are not a replacement for other efforts to stay afloat financially, but rather "an important tool for meeting...social goals." Wallace provides examples of a number of nonprofits who run businesses, including Pioneer Human Services, which "runs nine businesses that provide a little more than half of the Seattle charity's annual $62-million budget." This article was produced, and is currently hosted, by The Chronicle of Philanthropy.

Date: 2007
Author: Wallace, Nicole
Source: The Chronicle of Philanthropy
Publisher: The Chronicle of Philanthropy
URL: http://philanthropy.com/free/articles/v19/i06/06000601.htm
Topic: Case studies, Double Bottom Line, Social Entrepreneurship, Social Enterprise

* * Please note: The Great Bay Foundation has no affiliation with any of the organizations whose publications are represented in this library. As such, the foundation is not responsible for the articles' contents nor are we endorsing any of the services provided.