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Read More »How EcoScraps Turns Trash Into Treasure
Magleby's Fresh, a Provo, Utah, restaurant, is famous among students at Brigham Young University for its all-you-can-eat breakfast buffet. It was there in 2009 that Dan Blake first took notice of the staggering amount of food that ended up in the restaurant's garbage cans
Read More »The Social Entrepreneurship Spectrum: For-Profit With a Social Mission
For some businesses, social impact can be measured by the size of the checks they write. For others, the mission is woven directly into the business. The Classic Example Founded in 1988, Seventh Generation started as a mail-order company for green household products
Read More »The Benefits of Going Organic
Here's one way to explain sticker shock in the organic produce aisle. Consumer demand for organic products has grown at a double-digit rate every year for more than a decade, according to the United States Department of Agriculture
Read More »The Social Entrepreneurship Spectrum: Impact Investors
All investors obsess about returns. But for impact investors, ROI is an especially tricky matter, because in addition to financial success, they are seeking social and environmental results
Read More »Finding Jobs for Ex-offenders
Brenda Palms Barber, Chicago's Queen of Second Chances, is dedicated to finding jobs for former prison inmates. But when the nonprofit she runs couldn't overcome employers' resistance to bringing on ex-offenders, she spun out a business so she could hire them herself.
Read More »The Social Entrepreneurship Spectrum: Hybrids
In the hybrid model, a nonprofit and a for-profit are linked. In some cases, one is a subsidiary of the other; in others, the two entities are bound by long-term contracts in which one entity fulfills a basic need for the other and vice versa.
Read More »An Eye Bank Bets on Best Practices
SightLife, a Seattle-based nonprofit eye bank that extracts corneas from organ donors and distributes them to transplant centers around the world, is one of the largest such facilities in the U.S., with 96 employees and more than $14 million in annual revenue. It supplies nearly 5,000 corneas for transplant a year. But it wasn't always that way
Read More »The Social Entrepreneurship Spectrum: Nonprofits With Earned Income
A 501(c)(3) nonprofit can still generate earned income. And plenty do. The National Center for Charitable Statistics estimates that nearly 70 percent of the $1.4 trillion generated by nonprofits in 2008 came from the sale of goods and services.
Read More »How Dave Eggers Is Making Learning Fun
Dave Eggers and Ninive Calegari, the co-founders of 826 National, thought they had found the perfect spot for their drop-in writing center.
Read More »The Social Entrepreneurship Spectrum: Nonprofits
Nonprofits are fueled by tax-deductible donations—cash from individuals, public grant funding, or money from foundations. As of 2010, nearly 1.3 million 501(c)(3) organizations were registered with the IRS; they raise more than $300 billion in charitable donations a year
Read More »The Social Entrepreneurship Spectrum: B Corporations
To become B Corps, businesses must prove that they care as much about society and the environment as they do about profits. The Classic Example Method, which makes eco-friendly home and personal care products and sells them in recyclable plastic packaging, became one of the first B Corporations, in 2007
Read More »The Case for More (Not Less) Regulation
As the founder and CEO of a West Michigan plastics manufacturer employing a thousand people, Fred Keller lives by rules. There are those he must follow, passed down by big-letter entities such as OSHA, the DOL, and the EPA. There are others—like ISO, the voluntary international certification of quality management—that he and other manufacturers follow.
Read More »How to Become a Social Entrepreneur
Scott Harrison was 28 years old, sitting on a beach in Uruguay with a model girlfriend, a Rolex watch and a BMW waiting nearby—a life the nightclub promoter in New York City had been chasing after for nearly 10 years—when he realized (in his own words) "what a selfish scumbag" he was. His entire adult life had been geared towards serving himself and the club patrons, and when he had done nothing to help others, it made him step back. Seven years removed from that day on the beach, Harrison is still in New York, heading up charity: water , a non-profit organization that has delivered clean drinking water to over 1 million underserved people in 17 different countries, and aspires to help more than 100 million in the next ten years.
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