Category: social enterprise/social impact

Impact Investing: MacFound and CCT respond

Impact Investing: MacFound and CCT respond
The MacArthur Foundation today shared with the Nonprofiteer its letter to the Sun-Times disputing claims that impact investing will diminish rather than strengthen nonprofits.  In the spirit of equal time, its letter is reproduced in full here.  The Nonprofiteer remains unpersuaded that lending is the best use of philanthropies’ considerable resources. May 2, 2016 Mr.... Read more »

Impact Investing Is No Substitute for Philanthropy

Impact Investing Is No Substitute for Philanthropy
This letter to the Sun-Times by Phillip Jackson, Founder and Executive Director of Chicago’s Black Star Project, ably summarizes everything that’s wrong with the recent announcement by the MacArthur Foundation, the Chicago Community Trust and the Calvert Foundation that they plan to join forces to lend money to nonprofits, a behavior they style “impact investing.”... Read more »

Public Benefit Corporations? All Corporations Should Operate for Public Benefit

Public Benefit Corporations?  All Corporations Should Operate for Public Benefit
Three cheers for Adam Huttler, who said what the Nonprofiteer has been saying about Public Benefit Corporations, only better.  (H/t You’ve Cott Mail, without whose sharp eyes and scissors none of us would know anything.) Kickstarter is getting a lot of ink for having “converted” from for-profit to Public Benefit status, meaning that its business... Read more »
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Gender Gap in Pay Persists in Social Enterprise--but women are happy!

Gender Gap in Pay Persists in Social Enterprise--but women are happy!
A study from the UK shows that the gender gap in pay persists even in social enterprises, but that women social entrepreneurs are nonetheless happier than their male counterparts.  The Nonprofiteer wonders if this means that women are particularly stupid, or if we’ve just learned to be content with the crumbs we get. We find... Read more »

Surprise, surprise, surprise: For profit social services reduce costs by reducing quality

Surprise, surprise, surprise: For profit social services reduce costs by reducing quality
Now here’s a shocker: for profit social services reduce costs by reducing quality. The Nonprofiteer can’t imagine that the profit motive has anything to do with a business’s decision that labor is a cost center instead of the very thing we’re selling.  After all, every penny paid a worker is a penny out of shareholders’... Read more »

What social entrepreneurship won't do (and its advocates won't tell you about)

What social entrepreneurship won’t do: This piece is a particularly acute account of the way things work, or don’t, in the nonprofit sector. The money graf, for the Nonprofiteer’s money: An uncomfortable truth: there are important social goods that nobody really wants to pay for. If you’re selling a product like an iPhone or a... Read more »
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Nonprofit Metrics: Chic But Counterproductive (or, Yer Cheatin' Heart)

Today’s insight about nonprofit metrics: “The more any quantitative social indicator is used for social decision-making, the more subject it will be to corruption pressures and the more apt it will be to distort and corrupt the social processes it is intended to monitor.” H/T The Nonprofit Quarterly This has become painfully clear in the... Read more »

Dear Nonprofiteer, If a for-profit launches a nonprofit, whose name is it, anyway?

Dear Nonprofiteer, Two individuals who own a small, for-profit corporation that does development work under contracts with the U.S. State Department and USAID are considering whether to establish a related nonprofit non-governmental organization (NFP or NGO). Let’s call their for-profit business Development Providers Company. Development Providers Co. has been around for about 10 years and... Read more »
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    Nonprofiteer

    The Nonprofiteer is Kelly Kleiman, principal of NFP Consulting, which provides Board development, strategic planning and fund-raising services to charities and philanthropies. Through her consulting practice and in her guise as The Nonprofiteer, Kelly has spent the past 25-plus years helping small and mid-sized nonprofits organize themselves better and raise more money. These days she focuses especially on helping them use high-skill volunteers. Kelly is also a lawyer and freelance journalist whose reportage and essays have appeared in the New York Times, Wall Street Journal, Washington Post, Christian Science Monitor and other dailies; in magazines including In These Times and Chicago Philanthropy; in the alternative press; on websites including the Huffington Post; and on the radio, including the BBC and WBEZ Chicago Public Radio. She and her fellow "Dueling Critic" Jonathan Abarbanel present a weekly podcast of their reviews of Chicago theater at DuelingCritics.net. Earlier in her career she was dean of admissions of IIT Chicago-Kent College of Law and Executive Director of the Chicago Children’s Choir, and practiced real estate and zoning law with the firm of Rudnick & Wolfe. Kelly holds undergraduate and law degrees from the University of Chicago. She was a founding Board member of the Association of Consultants to Nonprofits and also served for 5 years on the Board of the Association for Women Journalists–Chicago. She can be reached ("Dear Nonprofiteer . . .") at KellyNFP@yahoo.com.

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