“The entrepreneur sets up a non-profit organization but the model includes some degree of cost-recovery through the sale of goods and services to a cross section of institutions, public and private, as well as to target population groups. Often, the entrepreneur sets up several legal entities to accommodate the earning of an income and the charitable expenditures in an optimal structure. To be able to sustain the transformation activities in full and address the needs of clients, who are often poor or marginalized from society, the entrepreneur must mobilize other sources of funding from the public and/or philanthropic sectors. Such funds can be in the form of grants or loans, and even quasi-equity”.
- Social Enterprises: Nonprofit vs. For-Profit (exceptionalboards.com)
- GameChangers: The World’s Top Purpose-Driven Organizations (forbes.com)
- Brewer: Using LLCs for Social Enterprise (taxprof.typepad.com)
- KEEN Corporate Giving Program, Hybrid.Care, Launches New Outdoor Participation Grant Program: The KEEN Effect (prnewswire.com)
- Entrepreneur development (ksdinspirations.wordpress.com)
- Hybrids and M&A’s and PRIs, Oh My! (darcycorcoran.wordpress.com)