social profit

There has been a lot of talk about charities acting like businesses.  I was having lunch today with my friend and colleague, Jill Andres, about social enterprise and how there is such a broad spectrum of what this could mean. Read more »

“If I am not for myself, who will be for me?

If I am only for myself, what am I?

And, if not now, when?”  –Hillel

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In the fall, I posted a brief for the House of Commons Finance Committee on social enterprise and social finance policy development.  The final version, along with others that were submitted can be found here.

The Finance Committee is expanding their work and is now looking at charitable tax incentives.  The crowdsourcing of the last brief proved to be quite successful so I would like to try it again.

Attached is a draft of the submission for the Finance Committee. I will be sending in the final version on January 14th. Please share your thoughts and comments on this blog post. If you would like your name added to the reference list of this paper please let me know so that I can ensure that appropirate credit is made.

My career has been shaped in the charitable sector. It spans two countries, several sub-sectors and a lot of fundraising time. When I decided to launch my own company it was at the begining of the formal social enterprise discussion in the States. I realized early on that what the charities value as their business and revenue models is not what the traditional markets value.  This seems obvious, when charities talk about their business, they talk about the lives that they have saved and how they do it on so few dollars.  When companies talk about their business, they talk about profit and commodities and consumers.  So it was with great interest that I read this past week's issue of the Globe & Mail on renaming the sector from non-profit to Social Profit.