“PROFIT MAKING IN NONPROFITS: An Assessment of Entrepreneurial Ventures in Nonprofit Organizations”

Increased competition for funding drives nonprofit organizations to look for ways to diversify revenue streams. Business ventures are now one common way of generating unrestricted funds, aptly coined “social entrepreneurship”. This has led to a “double bottom line” of sorts, including not only financial return on investment, but also success in achieving the organizational mission. This report highlights considerations and practices for nonprofits that are considering social entrepreneurship, namely the planning, financial analysis, and assessment required to successfully obtain a social return on investment.