Tuesday, April 05, 2005

Warshaw: New business model for nonprofits helps funding

Warshaw: New business model for nonprofits helps funding: "Warshaw: New business model for nonprofits helps funding

ALAN WARSHAW
Tucson Citizen
The standards of business change daily. In days past, the distinction between for-profits and nonprofits was clear: For-profits paid taxes and made a profit. Nonprofits were entities, sometimes corporations, that were established to fill a mission - not to make a profit - and relied on donors or the government for funding.
Those days are quickly disappearing.
A new sector of business is blending the boundaries between for-profit and nonprofit corporations. The social purpose corporation is a growing sector of the business community. With growing numbers of nonprofits struggling to find funding, the new business models are helping "

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