Can for-profit strategies work in the nonprofit world?
To support their philanthropic missions, U.S. nonprofit groups raise and spend trillions of dollars each year, and employ about 11 million people. They have access to unmatched wealth, dazzling technology and increasingly sophisticated and data-hungry donors. But challenges abound. They include an intense rivalry for dollars, whether fundraising is done face-to-face or by electronic means. In addition, nonprofits have learned that they cannot win or retain support based on the merit of their causes alone—they also must be able to show measurable, transparent results. To meet these challenges, managers increasingly are emphasizing the same bottom-line oriented techniques used by their for-profit counterparts. Among the questions under discussion: Can for-profit management principles and practices fit the philanthropic model? Can data measure good work? Can technology improve fundraising?
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Reports and Studies
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The Next Step
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Committee Encouraging Corporate Philanthropy
5 Hanover Square, Suite 2102, New York, NY 10004
Coalition of CEOs founded by actor Paul Newman that seeks to include societal improvement in assessing businesses.
Community Wealth Partners
1825 K St., N.W., Suite 1000, Washington, DC 20006
Consulting firm that helps nonprofit organizations become more self-sustaining through social enterprise ventures.
32 Old Slip, 24th Floor, New York, NY 10005-3500
Information source about philanthropy worldwide, providing data, analysis and training.
1901 L St., N.W., Suite 850, Washington, DC 20036
Consulting firm launched by Michael Porter and Mark Kramer, the authors of a 1999 Harvard Business Review article that called on nonprofit organizations to adopt rigorous strategies to create value beyond their grant dollars.
Global Philanthropy Forum
312 Sutter St., Suite 200, San Francisco, CA 94108
An initiative of the World Affairs Council acting as a peer-learning network of philanthropists committed to advancing equity and opportunity in the developing world.
1250 H St., N.W., Suite 1150, Washington, DC 20005
Gathers and disseminates information about nonprofit organizations, including financial reports and tax filings.
101 Market St., Suite 1000, San Francisco, CA 94105
Consulting firm and think tank that is part of the professional services network Deloitte.
Skoll World Forum on Social Entrepreneurship
250 University Ave., Suite 200, Palo Alto, CA 94301
Hosts an annual conference aimed at finding solutions to social challenges.
2100 M St., N.W., Washington, DC 20037
Maintains the National Center for Charitable Statistics; conducts research aimed at solving challenges in rapidly changing urban environments.
World Association of Non-Governmental Organizations
866 United Nations Plaza, Suite 529, New York, NY 10017
International organization working to strengthen the nongovernmental sector and increase public understanding of the nongovernmental community.