Post on 29-Jan-2018
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A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximising (sic) profits for external shareholders. Social enterprises can be structured as a for-profitor non-profit, and may take the form of a co-operative, mutual organization, a social business, or a charity organization.[1]
Triple bottom lineFrom Wikipedia, the free encyclopedia
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The triple bottom line (abbreviated as TBL
or 3BL, and also known as people, planet,
profit or the three pillars[1]) captures an
expanded spectrum[further explanation needed] of
values and criteria for measuring
organizational (and societal) success:
economic, ecological, and social.
Full cost accountingFrom Wikipedia, the free encyclopedia
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Full cost accounting (FCA) generally refers to the
process of collecting and presenting
information — about environmental, social, and
economic costs and benefits/advantages
(collectively known as the "triple bottom line") -
for each proposed alternative when a decision is
necessary. It is a conventional method of cost
accounting that traces direct costs and allocates
indirect costs.
An Entrepreneurial Continuum Basic Fee for Service: Using existing NFP program
capacity and charging for some or all services to some or all clients
NFP/DBA Using existing capacity to undertake more aggressive marketing of program services to non program populations
Wholly Owned Subsidiaries: Often building on existing capacity but forming a new company usually to deal with tax consequences
Self Standing Social Enterprise Development of a separate social enterprise that is either free standing or operated as a wholly owned subsidiary.
Considerations and Preparation Attorney and Account who know and understand the
issues
What do your articles of incorporation say about your proposal?
A Business Plan http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan
Evaluation of Risk and your ability to sustain losses
Culinary Arts Workforce Development program Community Action agency has large commercial kitchen
on premise – historically providing “soup kitchen” meals.
Using CSBG grant, develop a workforce development program providing Work readiness (a national certification) and ServSafe (also a natl. certification)
CSBG supports Chef/instructor and employment specialist
Program has developed an additional source of revenue by selling lunches to in house staff.
Working on business plan to develop a catering operation to continue the program beyond grant funding.
Cattaraugus Community Action, Inc. DBA Energy Solutions Company Certificate of incorporation amended to include
purposes: energy and housing w/o reference to income
Responds to state driven efforts to improve home energy performance with subsidies and requiring “Energy Star” and BPI capacity
At incomes just about WAP limits, NYSERDA subsidies and sliding scale fees.
Albany Housing Partnership DBA Community Realty Developed to bridge the gap between housing
counseling and the actual purchase process
Functions as a buyer’s broker on behalf any buyer
Revenue derived from commissions
http://www.nhi.org/online/issues/143/communityrealty.html
http://www.yourownhome.org/
Cattaraugus Rural Housing Corp
Wholly owned for profit subsidiary of not for profit housing organization.
Formed to be the partner in tax credit deals and developed as a Property Management firm.
Trading services with a similar not for profit CRHC providing property management and the partner provides construction management.
Becomes licensed real estate broker and takes on outside accounts.
Council Services Plus
Wholly owned subsidiary of the New York Council of Not For Profits
Council Historically offered Insurance Programs as a member benefit
Moves to create insurance brokerage specifically for not for profits
"In theory, there is no difference between theory and practice. But in practice, there is."
- Yogi Berra