Nonprofit organizations don’t have to be so one-dimensional anymore when it comes to funding new business ideas.
Social Enterprise & Creative Funding
Over-reliance on donor funding is no longer sustainable enough, and that’s where social entrepreneurial innovation comes in.
Social enterprises that use business acumen to pursue social missions can be alot more creative when it comes to funding. Interestingly, nonprofit organizations are often able to increase their income by owning and operating facilities linked to their cause.
How Can Weddings & Special Events Support Social Enterprise?
Take for example, ACH Child and Family Services (formerly All Church Home for Children) which creatively renovated the interior of a stone chapel building and reception hall, in order to use the facility for nondenominational weddings, receptions and special events. ACH launched this first social business venture in December 2009, and called it the Belltower Chapel …