Social Impact BlogShowing posts in Nonprofit Social Enterprise
In 2012, Mid-Ohio Foodbank started exploring social enterprise opportunities with community partners. Among the mission-aligned opportunities they identified, they landed on transforming vacant land into thriving, chemical-free farm operations. Today, Urban Farms of Central Ohio is a key initiative of Mid-Ohio Foodbank. In 2016, the venture produced more than 40,000 pounds of fresh vegetables. Fresh food is a key part of Mid-Ohio Foodbank’s work – nearly half of the food they distribute is fresh.
The Furniture Bank of Central Ohio recently launched its second social enterprise, Downsize with a Heart, a full-service business designed to help seniors and their loved ones plan for and implement a transition strategy. Whether their client simply needs to relocate or is moving into an assisted living situation, Downsize with a Heart provides a […]
Founded in 1998, the nonprofit Deaf Initiatives works to strengthen the potential of youth who are deaf and or hard of hearing. Deaf Initiatives’ Executive Director Meredith Crane foresaw the need to build and grow a social enterprise to support and sustain the nonprofit’s initiatives. In 1999, Deaf Initiatives launched its social enterprise, Keepsake Theme […]
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.
Two years ago, the Furniture Bank of Central Ohio faced a reduction in half of its revenue. Due to a change in a long-time sponsor’s giving structure, the Furniture Bank had three years to identify how to replace $1 million in lost revenue. “To ensure a smooth transition, the Furniture Bank board created a Strategic […]
On October 25 nonprofits in Central Ohio demonstrated that they know how to innovate. The Center for Social Enterprise Development hosted its first Nonprofit Sustainability Showcase which featured 9 Central Ohio nonprofits and one from Nashville, TN which are using social enterprise to advance their missions.
Charitable giving as a share of nonprofit revenues in the U.S. has declined each year since 2008, reaching down to just 21 percent of nonprofit revenues by 2012. This decline has two causes: the inability of charitable giving to keep up and the decision by more nonprofits to develop new sources of earned revenue, often through social enterprise.
Individuals who have recently been released from prison face a multitude of challenges. From housing and employment to transportation, multi-offenders struggle to access the necessary resources for day-to-day survival, let alone self-sufficiency, outside prison walls. While this narrative rings true throughout the United States, Columbus’ Alvis, Inc. has been dedicated to this sector for nearly […]
Three social enterprises to sustain access to creativity in our community In 2007, Columbus Museum of Art (CMA) launched what would become a decade-long, $90 million endowment and capital campaign. Today CMA operates three social enterprises that provide ongoing support of its programs, exhibits and collections: Schokko Art Café, the Museum Store and Special Events. […]