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5 Ways Nonprofits Can Learn (and Copy) from For-Profits to Scale Up
Tough problems in tough places – that’s business as usual for many global nonprofits. As they navigate the challenges of high regulatory risk and ever-changing donor interest, nonprofits typically grow by acquiring more projects – based on how well they delivered previous projects. But businesses mostly fund their growth by reinvesting profits, or by raising external equity or debt. While these two systems are very different, there’s much nonprofits can learn from for-profit businesses as they reach for scale, writes Dhananjay Vaidyanathan Rohini at Alstonia Impact.
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Why Charities Are Launching For-Profit Businesses
“If you have a business and start a nonprofit, no one thinks twice,” Pipkin says. “But if you start a nonprofit and then start a business, people think, Wait a second.” That’s beginning to change. All three nonprofits ultimately entered the moneymaking game. It is, they believe, the next phase of social entrepreneurship.
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Press Release: FDA Approves New Treatment for Highly Drug-Resistant Forms of Tuberculosis
"FDA approval of this treatment represents a victory for the people suffering from these highly drug-resistant forms of the world's deadliest infectious disease," said Mel Spigelman, MD, president and CEO of TB Alliance. "The associated novel regimen will hopefully provide a shorter, more easily manageable and highly efficacious treatment for those in need."
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- Health Care
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Turning Impact Measurement on its Head: A Q&A with 60 Decibels Co-Founders Sasha Dichter and Tom Adams
How should a social business measure its impact? The sector has always struggled to answer that question, leaving many enterprises and investors without useful data about the impact of their work. Acumen is addressing this issue by spinning out a standalone social enterprise called 60 Decibels, which leverages mobile technology to quickly and easily acquire impact data from low-income customers and beneficiaries. Co-founders Sasha Dichter and Tom Adams discuss its innovative model, and the potential it offers to investors, enterprises and the people they serve.
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- Impact Assessment, Investing, Social Enterprise
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Press Release: ImpactAssets Celebrates Ten-Year Anniversary As Assets Top $1 Billion
In less than six months, ImpactAssets has more than doubled assets from $483 million at the end of 2018 to $1 billion as of June 2019, and grown to more than 1,200 client accounts. The rapid growth reflects the intellectual and structural ecosystem that ImpactAssets has created over the past decade—as a leading field builder, thought leader and impact investment innovator.
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- Investing
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How to Become a Founding Member of the Libra Association
To be a validator node and founding member, organizations will need to meet technical requirements and specific evaluation criteria. If the conditions are met, upon approval, the Enterprise will have to make an initial minimum investment of $10 million worth of Libra Investment Tokens issued by the Association. Nonprofits will not be required to make the initial investment.
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- Finance
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The Trouble With ‘Women’s Empowerment’ Programs: Perceptions vs. Reality in India
India's government, funders and development initiatives have an increasing focus on including women in different programs. But according to Sudarshan Thakur at PRADAN, these efforts often seem more concerned about what women can do for development than what development can do for women. He argues that social change cannot come only from outside interventions or credit. Instead, global development agencies need to engage with women across different communities and contexts, as women themselves are the best judges of the types of services and programs they need.
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- Finance
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Questioning Big Philanthropy At The Skoll World Forum: Is It Too Powerful And Out Of Touch?
At a conference about nonprofit endeavors and the people who run them, big philanthropy came under the microscope.
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- Investing