"Bringing together the best experts in the business, Generating and Sustaining Nonprofit Earned Income offers up critical advice and insights to help even the most experienced social entrepreneurs improve upon enterprise performance; A critical addition to any practitioner resource library." —Jed Emerson, lecturer in business, Stanford Business School and senior fellow, William and Flora Hewlett Foundation, David and Lucile Packard Foundation "We live in a world that begs for the creation of new models of economic justice and opportunities. This book provides valuable information to support the efforts of nonprofit entrepreneurs to succeed in creating and operating ventures that are both sustainable and replicable while meeting economic and societal needs. Go for it!" —Ben Cohen and Jerry Greenfield, co-founders, Ben & Jerry's "Nonprofit ventures have few of the traditional supports that are available to other types of organizations. Straddling the for-profit and nonprofit cultures, they inhabit a world not officially recognized, where roadmaps do not exist. Life on the thin strip between one land and another is always a precarious existence, full of trials and tribulations, but also charged with opportunity. This book provides the best thinking to help nonprofits capitalize on that opportunity." —Bill Shore, chairman, Community Wealth Ventures In collaboration with the Yale School of Management-The Goldman Sachs Foundation Partnership on Nonprofit Ventures, this comprehensive guide identifies best practices for generating a reliable income stream and ultimately reducing nonprofit organizations' dependence on traditional sources of funding. Edited by renowned scholar and consultant Sharon Oster and Cynthia Massarsky and Samantha Beinhacker, deputy directors of The Partnership on Nonprofit Ventures, Generating and Sustaining Nonprofit Earned Income: A Guide to Successful Enterprise Strategies will teach readers sound business planning strategies that can significantly benefit their organization's internal capacity and financial health.

Publisher Description

In this thorough, topic-by-topic approach to nonprofit earned income, consultant Edward Skloot demonstrates how nonprofits can launch successful enterprises without compromising their missions. Each chapter written by a different expert and includes case studies, practical how-to information, and insights derived from actual experience.

In this practical and persuasive new book, 7 Nonprofit Income Streams, you learn about each of the seven sources of nonprofit income. You find that only three sources fund the majority of nonprofits. (Spoiler alert: The largest source is not grants or donated income from individuals.) You gain tools to determine which of the seven streams fit your nonprofit. And, you can use what you read to immediately obtain more income. Drawing on two decades of investigation and over a thousand interviews with nonprofit leaders, 7 Nonprofit Income Streams: Open the Floodgates to Sustainability! clarifies the confusing, messy, and competitive world of nonprofit income so you can: Earn more money in one year than the previous three, Discover dramatic success stories to replicate immediately, Create enthusiasm about providing money and other resources to your nonprofit. Develop a customized strategy to enhance your mission and sustain your nonprofit Get practical, in-the-trenches advice and find tips you to use now. Why are some nonprofits well funded and others not? Why do certain organizations grow income year-after-year and others commence frantic begging 30 days before the end of their fiscal years? Why do some nonprofits obtain a steady flow of donated and earned money, while others chase after every dollar-even those that cost them money? Nonprofits become financially stable by developing and using consistent income strategies. These lead to more income and long-term sustainability. This book is your guide to identify the income sources and to develop a sustainable revenue strategy for your nonprofit. Anyone who works in, or volunteers for, a nonprofit worries about financial sustainability. But, as Karen demonstrates in 7 Nonprofit Income Streams, sustainability is attainable. Dr. Terrie Temkin, Principal, CoreStrategies for Nonprofits, Inc. No secret cash machine exists. No lucky charm dangled over a proposal guarantees success. No magic words convince millionaires to donate trust funds. For many obtaining nonprofit income is a discouraging, if not impossible, drudge. Leaders trek for years without a road map, guidepost, or footprint to follow. Few people-including many nonprofit leaders-know that just seven sources of nonprofit income exist. Understanding the sources, their challenges, and their benefits provides the foundation to develop sustainable income forever. Karen explains successful strategies being used by dozens of nonprofits. She teaches you to weave the seven nonprofit income sources into a viable strategy for your nonprofit-and test it before you use it. She guides you to design a future to propel your nonprofit toward the income it needs to sustain it for the long haul. 7 Nonprofit Income Streams is the real deal to make your nonprofit profitable. About the Author Karen Eber Davis, MBA, is a global authority on income growth strategies for nonprofits. She is the founding principal of Karen Eber Davis Consulting and has worked with nonprofits such as Habitat for Humanity, The Salvation Army, and United Way. Her work inspires leaders to realize more mission, engage more community, and secure millions. About the CharityChannel Press In the Trenches Series You'll know an In the Trenches book not just by its cover, but by the authors' fun, upbeat writing style. But don't be fooled by its down-to-earth approach and ample sidebars. In the Trenches books are authoritative and cover what a beginner should know to get started and progress rapidly, and what a more experienced nonprofit-sector practitioner needs to move forward in the subject.

In Selling Social Change (Without Selling Out) expert fundraising trainer and consultant Andy Robinson shows nonprofit professionals how to initiate and sustain successful earned income ventures that provide financial security and advance an organization's mission. Step by step, this invaluable resource shows how to organize a team, select a venture, draft a business plan, find start-up funding, and successfully market goods and services. Robinson includes critical information on the tax implications of earned income and the pros and cons of corporate partnerships. The book also addresses when to consider outsourcing, collaborating with competitors, and raising additional funds to expand the business.

A top business leader shares the business principles he used to launch both a top company and a thriving nonprofit Nonprofit leaders know that solving pervasive social problems requires passion and creativity as well as tangible results. The Non Nonprofit shares the same business principles that drive the world's best companies, showing how they can (and should) be applied to the realm of nonprofits. Steve Rothschild personally crossed sectors when he left corporate America to found Twin Cities RISE!, a highly successful poverty reduction program. His honest story, and success and missteps, create an essential roadmap for any social venture looking to prove and boost its impact. Distills essential nonprofit principles such as having a clear and appropriate purpose, creating economic value from social benefit, and establishing mutual accountability Shares successful approaches from innovative organizations such as Grameen Bank, Playworks, Common Ground, Habitat for Humanity, Lumni, Caring Bridge, College Summit and RISE! Draws from the author's success in founding and building Twin Cities RISE!, which trains unemployed Minnesotans for living wage jobs. RISE! serves 1,500 participants each year As insightful as it is inspiring, The Non Nonprofit can help maximize the positive impact of any nonprofit.

Unlock Your Potential to Make a Lasting Impact Are you driven by a deep desire to make a difference in the world? Do you dream of creating a nonprofit organization that not only addresses critical issues but also transforms lives? Here is the essential roadmap you've been searching for: In a world where challenges are many and resources can seem scarce, your passion and commitment are your greatest assets. But passion alone isn’t enough. To truly make a difference, you need a clear, actionable plan—a guide that will not only help you launch your nonprofit but also ensure its long-term success. This book is more than just a step-by-step guide; it’s a beacon of hope and empowerment for those who are ready to take the leap into the nonprofit sector. Here’s why you can’t afford to miss it: Transform Your Vision into Reality Every great movement begins with a single idea. You have a vision for a better world, and this book will help you turn that vision into a reality. With clear, practical advice, you'll learn how to define your mission, set achievable goals, and build an organization that stands the test of time. Overcome the Fear of Starting The journey of starting a nonprofit can feel overwhelming. What if you don’t know where to begin? What if you face obstacles along the way? This book tackles these fears head-on, offering you the confidence and knowledge to start strong. You’ll gain insights from real-world examples and avoid common pitfalls that derail so many passionate changemakers. Master the Art of Fundraising and Financial Management Money shouldn’t be a barrier to doing good. Yet, for many, it’s the biggest hurdle. Learn how to effectively fundraise and manage your finances to ensure your nonprofit is not only sustainable but thriving. This book provides proven strategies that will help you secure funding, build financial resilience, and make every dollar count. Build a Legacy of Change Starting a nonprofit is not just about addressing today’s challenges; it’s about creating a lasting legacy. This book equips you with the tools to build an organization that will continue to make an impact for years to come. Imagine the lives you will touch, the communities you will uplift, and the world you will help shape—because of the steps you take today. Make a Difference Today The world needs more people like you—people who care, who want to make a difference, and who are ready to take action. "How to Start a Nonprofit" is your invitation to join the ranks of changemakers who are transforming the world, one step at a time. Don't let your dream of making a difference remain just a dream. Take the first step toward making it a reality. Your journey starts here. Order your copy today, and start building the nonprofit—and the future—you’ve always envisioned.