When I talk with groups of nonprofits at conferences and training events, I often hear the same common concern from fundraisers and marketers: how can we cover our expenses and expand our programs when we rely on shrinking, restrictive, or difficult to manage funding sources? To become truly sustainable, many nonprofits need to diversify funding sources and supplement the support they receive from grants, loans, and charitable contributions. One way to do this is with a social enterprise model. Nonprofits that apply the best practices of businesses and explore earned income strategies can open up new opportunities for revenue streams through fees for service, production of goods, or for-profit enterprises. Examples of organizations using a social enterprise business model include Goodwill Industries, DC Central Kitchen, and Habitat for Humanity, through their home improvement ReStores.
Kevin Lynch, president and CEO of Social Enterprise Alliance, will join us tomorrow (February 18) for a free webinar to show you how you can apply these tactics and boost your bottom line. He’ll explain what social enterprise can do for your organization and how to get started. This session is a must for any nonprofit professional who wants to move their organization forward in 2014. Check out the details below.
Free Webinar: Transform Your Nonprofit with Social Enterprise
Tuesday, February 18, 2014 | 1pm EST
(Can’t attend the live session? Sign up anyway—we’ll send you the slides and recording so you don’t miss it!)