Tag: Economic Resilience
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Institutional Oversight of For Profit Subsidiaries
Even effective and profitable commercial operations still require the continued institutional oversight from the governing board of the nonprofit organization. Read more
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How Nonprofit Organizations Create For Profit Subsidiaries
Economic independence allows for long-term planning and protects mission integrity. Nonprofit leadership therefore should study methods that more effectively generate internal revenue. One widely used method involves the creation of for profit subsidiaries in order to generate a continual stream of revenue for charitable operations. Read more
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Economic Resilience and Preparing the Vulnerable
Economic resilience refers to the capacity of an organization or community to maintain stability and productivity during periods of social or economic change. Read more