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Tuesday, December 13, 2011
R. Paul Herman: Give Money, Get Impact, Save Taxes: The Power of Social Entrepreneurs for Your Portfolio
R. Paul Herman: Give Money, Get Impact, Save Taxes: The Power of Social Entrepreneurs for Your Portfolio: To realize that goal requires "earned income," charging for services that also create high human, social and environmental impact. Many nonprofits do this already, from hospitals to schools to senior homes. The higher the rate of income to expenses, the fewer dollars the charity needs. When revenue exceeds expenses, you can have a "profitable" nonprofit, as well as delivering positive human impact.
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