If you have been thinking about using a social enterprise model to build a sustainable revenue stream for your non-profit organization, then you will not want to miss this FREE event sponsored by the Philanthropy Club on June 3rd. Here are the details:
Want to know why more nonprofits are exploring social enterprise as a means to create a sustainable revenue stream in support of their organization’s mission? And how a nonprofit organization thinking of launching a social enterprise must first identify selection criteria for the model they choose, and assess their capacity to successfully launch, manage, and grow the enterprise?
This is the perfect opportunity to learn more! Come hear Sandee Kastrul, Marlene Hodges, and myself, Jim Stoynoff, share the 9 Critical Success Factors to Keep in Mind When Considering a Social Enterprise at the Philanthropy Club TUESDAY, JUNE 3rd, from 9:30 AM to 11 AM at the Loyola University Museum of Art, 820 N Michigan Ave (immediately west of the Water Tower and just south of the Hershey’s Chocolate World), Chicago. Doors will open at 9 am and will be locked after 10 am. Note that discounted parking ($8 for 12 hours) is available at Interpark Parking, provided you validate your ticket at the 25 E Pearson entrance using the validation machine. Not only will you acquire a wealth of information but you’ll get to network with other non-profit leaders and there’s coffee and bagels. Win-win!
Why Should You be Considering Social Enterprise?
When successfully executed, social enterprises:
• Reduce dependence on government and private funding
• Generate additional funds for programming and projects or other mission related initiatives
• Give funders a greater sense of security
• Foster more rigorous strategic thinking and better management and accountability across the entire organization. Better practices in these critical areas will significantly impact mission, outcomes and sustainability.
• Help differentiate the organization from an increasing number of nonprofits competing for fewer available funding dollars in these challenging economic times
• Attract additional staff, board candidates and volunteers
I will be sharing 9 basic selection criteria which I use to help nonprofit organizations assess potential social enterprise models for viability and optimal success. As a board member and management advisor/strategist for several nonprofits, I’m passionate about helping my clients excel at their mission.
To see social enterprise models in action, I will be joined on the panel by:
Sandee Kastrul, President and Co-Founder of i.c.stars (www.icstars.org) – an innovative nonprofit leadership and technology training program founded in 1999 to prepare inner-city adults for technology careers and community leadership. Social Enterprise Model: Source Digital (www.sourcedigitalmarketing.com), a digital marketing agency helping clients increase lead flow, reduce customer acquisition costs, and connect with target customers.
Marlene Hodges, Co-President and CEO of Orchard Village (www.orchardvillage.org) – an organization that partners with families and communities to optimize personal outcomes for individuals with developmental disabilities. Social Enterprise Model: Orchard Village Organic Farm.
No need to RSVP; JUST SHOW UP! I hope to see you there.
What are some of your burning questions about social enterprise models? Leave me a comment and I’ll try to address it in my presentation.
Photo Credit: http://www.123rf.com/profile_radiantskies