Charity Village®NewsWeek: Cover Story: "Nonprofits mean business: Social ventures flourishing in for-profit world
Elisa Birnbaum By Elisa Birnbaum
January 15, 2007
Nonprofit organizations play an integral role in our lives and infuse our world with a conscience. But their impact on our well-being notwithstanding, they also comprise a significant economic force, providing services and products, and achieving success on the same playing field as those in the private sector. In fact, according to Statistics Canada, economic activity in the nonprofit sector, as measured by gross domestic product (GDP), outpaced that of the economy as a whole between 1997 and 2003. But with limited resources, staff and finances, can nonprofits really compete? Or will their respective challenges impede their ability to swing their bats with the big leagues, relegating them to the sidelines?"
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