Description
Book SynopsisBenefits theory connects an organization's mission, the public and private benefits it produces, and the societal groups that it benefits, to an appropriate income mix. This book applies benefits theory to the financing of nonprofit and other social purpose organizations to guide managers and leaders towards finding the best mix of income sources for their organizations, to help educate future managers about resource development and to stimulate additional research on the financing of nonprofits and other forms of social enterprise.
Individual chapters are devoted to organizations primarily reliant on earned income, gifts, government support and investment income, respectively, as well as to organizations that are well diversified in their sources of operating support. Each type of income, as well as mixed income portfolios are analyzed in depth. Detailed case studies of contemporary social purpose organizations are discussed throughout the book, and templates are provided to help leaders apply benefits theory to analyze the income opportunities and portfolios of their own organizations.
Comprehensive and practitioner-friendly, this book is suitable not only for teaching graduate and undergraduate students in non-profit management, social enterprise, public administration and business management, but also for informing practicing managers, teachers and researchers, and funders of social purpose organizations.
Trade Review'Dennis Young has written a brilliant analysis of the complex domain of Social Purpose Organizations (SPOs), the growing number of financial tools at their disposal, in a system that requires them to strike a balance between their social mission and their financial stability, within a context of volatile economic, political and technological environments. His choice of the Benefits Theory helps put all those components into a meaningful whole. The book is especially timely in light of the recent international interest in social enterprises and other for-profit frameworks' involvement in the social domain and will be highly valuable for both academics and practitioners.' --Benjamin Gidron, College of Management Academic Studies (COMAS), Israel
Table of ContentsContents: Foreword by Bill Bolling 1. Preface 2. Introduction 3. Cross-Currents in SPO Finance 4. Benefits Theory 5. The Nature of Benefits and Their Financing 6. Fee-Reliant SPOs 7. Contributions-Reliant SPOs 8. Government-Reliant SPOs 9. Investment Income-Reliant SPOs 10. Mixed Income Strategies 11. Capital Financing 12. Income Portfolios Benefits Thinking: Ideas and Tools for Practice Index
