Cover Story: Safety Line
For-profit ventures help nonprofits shore up the funding they need to maintain and expand their programs — even in stormy economic times.
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“So many nonprofits are so geared and have been so geared forever to say, ‘We just have to give it away because we’re a charity,’” Block continues. “You can still keep giving it away if that serves your mission, but you also need to begin to think [in a] much more businesslike [way] that says if what you do and what you have and what you know has value, there may be a market for that so you can earn income based on your assets.
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Abny Santicola
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