Social enterprise

Social enterprises are social mission driven organizations which trade in goods or services for a social purpose. Their aim to accomplish targets that are social and environmental as well as financial is often referred to as having a triple bottom line. Social enterprises are profit-making businesses set up to tackle a social or environmental need. Many commercial businesses would consider themselves to have social objectives, but social enterprises are distinctive because their social or environmental purpose is central to what they do.

 

Rather than maximizing shareholder value, their main aim is to generate profit to further their social and environmental goals. Therefore some commentators describe them as ‘not-for-profit’ as their profits are not (at least primarily) distributed to financial investors. Others dislike the term as it suggests they have unbusiness like attitude. An ingenious solution to this quandary is to call them for ‘more-than-profit’ (a term used at the Social Enterprise Institute Conference, Herriot-Watt University, in 2003). 

It could be that the profit (or surplus) from the business is used to support social aims (whether or not related to the activity of the business, as in a charity shop), or that the business itself accomplishes the social aim through its operation, for instance by employing disadvantaged people (social firms) or lending to businesses that have difficulty in securing investment from mainstream lenders.

blinds, roller shades, woven wood shades

Youth Philanthropy

Youth philanthropy is the donation of time, energy or resources, including money, by children and youth towards philanthropic causes. According to one study, “youth philanthropy is, at the broadest level, youth giving of their time, talents and treasure.” It is seen as an effective means in which youth develop knowledge of and participate in philanthropic projects such as volunteering, grant writing, and community service.

Youth philanthropy educates young people about social change in order to identify community problems and design the most appropriate solutions in a systemic way. Philanthropy in this case is defined as anything young people do to make the world around them a better place.

Focused on youth-adult partnerships and youth voice, youth philanthropy is seen as a successful application of service learning. Youth philanthropy helps young people develop skills, knowledge, confidence and leadership abilities. Youth philanthropy is also identified as a particularly effective means for educating children and youth about volunteerism and civic engagement. Within the Jewish community institutions such as synagogues, day schools, Jewish federations and other organizations have created Jewish youth philanthropy programs to provide Jewish teens with opportunities to engage in grant making activities through a Jewish lens. The Jewish Teen Funders Network serves as a central address for Jewish youth philanthropy, and aims to help grow and strengthen the burgeoning field.

ref: wikipedia, vertical blinds, window blinds, volunteering

Philanthropy

We are talking social entrepreneurship here. Let’s talk today and understand what philanthropy is. Now a day many corporate are going to have their own philanthropy and foundations. Let’s understand philanthropy.

 

Philanthropy is the act of donating money, goods, services, time or effort (often referred to as time, talent or treasure) to support a charitable cause, usually over an extended period of time and with a defined objective. In a more general sense, philanthropy may encompass any altruistic activity intended to promote good or improve human quality of life. One who practices philanthropy may be called a philanthropist. Although such individuals are often rich, people may perform philanthropic acts without possessing great wealth.

 

Philanthropy is a major source of income for fine arts and performing arts, religious, and humanitarian causes, as well as educational institutions.

 

During the past few years, philanthropy has become more mainstream, owing in part to the high profile of rock star Bono’s campaign to cancel Third World debt to developed nations; the Gates Foundation’s massive resources and ambitions, such as its campaigns to eradicate malaria and river blindness; and billionaire investor and Berkshire Hathaway Chairman Warren Buffett’s donation in 2006 of $31 billion to the Gates Foundation.