Since inception, The Philantrepreneur™ Foundation (TPF), a 501c3 organization, has set out to have an impact in the nonprofit sector by building awareness of effective strategies and providing the tools and knowledge to increase the strength of organizations. A constant challenge for many nonprofit’s, if not all, is securing funding for the organization. Adding to this challenge was a change in the marketplace causing diminished corporate, government and donor support, plus if secured, these funds are often restricted and cannot be used for day to day operations, a vital component which attributes to success. These conditions should be a call to action for nonprofits to rethink the role earned income can have in their survival strategies. There is a proven strategy available that creates effective, sustainable long-term funding - Social Enterprise (SE).
Why then are there so few nonprofits utilizing these proven SE strategies to secure unrestricted funding? A few key factors impacting use could be attributed to awareness of the strategies, negative myths, understanding the potential for success, and how to design and implement the system. TPF aims to impact these attributes and here are two valuable resources.
First, The Philantrepreneur Foundation in partnership with Social Enterprise Ventures will present IMPACT Learning 2015, a three day immersion guiding nonprofits through the key elements of marketing and the process of implementing a social enterprise business plan to create unrestricted, renewable streams of earned income. Learn the steps to become self-sustaining and self-sufficient easing the reliance on outside funding and grants. Some of the key points we want to share are:
- Defining Social Enterprise
- Marketing planning and execution (both traditional methods and via digital media)
- Leveraging a nonprofit’s assets into earned income
- Conducting market research
- Costing, feasibility, and breakeven analyses
- Sales and financing
- Business plan development
- Collaborating with other individuals and organizations
This is a call to action to get the training to take your organization to the next level.
Impact Learning 2015 - October 26-28, Sunset Station, Henderson (Las Vegas area) Nevada. Registration is open and for all the details on the schedule of presenters, accommodations and more visit: http://PFImpactLearning.info.
Second, TPF dedicated its Summer 2015 edition of The Philantrepreneur Journal to exploring SE concepts and strategies. Grab a digital copy: The Philantrepreneur Journal.
Learn more about The Philantrepreneur Foundation, visit: TPF