Entrepreneurial Leadership and Financial Stability in Nonprofit Organizations: A New Assessment of Social Entrepreneurship and the Social Enterprise
May 3 | 1 p.m. ET
Faced with significant budget reductions, nonprofit organizations have moved away from being one dimensional entities that rely on grants. Instead, they attract social entrepreneurs who are determined to establish relationships before raising money—something for which the late Dr. J. Gregory Dees saw a need in 1998 when he wrote about a hybrid structure that was enabling nonprofit organizations to generate additional income. Ultimately, Dees concluded that the hybrid structure with a social enterprise component would slow the mission of the nonprofit organization, leaving the social entrepreneur to think about how to create innovative strategies within social entrepreneurship.
This book uses a case study focusing on the nonprofit organization, Rising Tide Capital, by expanding the scope of Dr. Dees’ research through an assessment of the meaning of social entrepreneurship, social enterprises and financial stability. It also identifies financial stability through two processes of replication: replicable models through strategic partnerships and the mini-franchise of direct selling. Plot a path to bolster financial stability, think creatively about generating cash flow and find alternative sources of funding with this guide to operating a successful nonprofit organization.
Attendees will learn:
- the meaning of social entrepreneurship
- about early pioneers of social entrepreneurship
- some of the flaws of the nonprofit model
- an overview of two new assessments of replication which can be applied to their nonprofit organization
Carolyn Mattocks, CEO and Founder, “I Can Do Anything” Organization, Inc.
Dr. Carolyn Mattocks earned a Ph.D. in public policy and administration with a specialization in nonprofit management and leadership from Walden University. She is also an associate faculty and faculty senator at Ashford University and a member of the American Society for Public Administration and the Maryland Nonprofits. She resides in Joppa, MD.