The Social Impact Blog
The Social Impact Blog covers the latest research, thinking, and developments in social enterprise and in improving the sustainability of the social sector. Posted approximately once per week, by reading this blog you will become better informed about the challenges facing nonprofits and social enterprises and find ideas on how you can make a difference in our society through the impact of for-profit and nonprofit socially-focused organizations.
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Central Ohio is getting on the map when one of the oldest social impact investors in the U.S., RSF Social Finance, cold calls the Center for Social Enterprise Development to ask to be introduced to our most dynamic local social enterprises and to some of our major local players.
We need to recognize that the value of exploring social entrepreneurship is not exclusively to become an entrepreneur. Rather, the value is always to have a meaningful experience in how to solve problems and develop new skills to solve problems.
There is a flood of worry among nonprofits about where federal funding may go and whether there may be changes in the tax laws that would diminish the incentive for charitable giving. Nonprofits have needed to have a backup plan for sustaining their mission long before 2017.
One of the biggest challenges in conceptualizing a profitable business by a nonprofit is the distinction between wants and needs. Having 501c3 status makes resolution of this dilemma not straightforward.
I worry that the pitch is becoming an end in itself. After winning a pitch event, is the entrepreneur better off in a meaningful way?
Here are six ways you can make yourself more impactful in the coming months: volunteering, consumer purchases, company purchases, lending, investing, donating.
I view the recently released benchmarking report on Central Ohio as a call to action to make social enterprise the focus of local economic development in contrast with the conventional development approach of million-dollar concessions to large or hi-tech companies.
When you think about how you can give back to the community, continue to make charitable contributions and volunteer your time. But in the coming year, consider channeling some of your everyday purchases to support a cause you believe in. I call it #Shopsocial.
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