Should Nonprofits Seek Profits
By William Foster & Jeffrey Bradach, Harvard Business Review, February, 2005
Analyzes the experiences with earned-income ventures of nonprofits in United States. Argues that, contrary to the general perception and excluding nonprofits in education, healthcare and arts, such as universities, hospitals and theater groups, the increasing number of business ventures launched by nonprofits represent only a small share of their funding and financial success is an exception not a rule. In addition, explains several nonprofits’ characteristics that reduce their chances of running business ventures with financial success, and highlights the risks of compromising the organization mission.
>> View Article | created on: 06/13/2006
