By: Yvonne Brye-Vela

Yvonne Brye-Vela — Wed, 27 Oct 2010 17:10:52 +0000

I find this interesting. Your intention is to create a business(all the efficiencies of the private sector) with a social good objective, but not fully understanding what the advantages and disadvantages are to establishing a nonprofit. Yes, the for benefit/hybrid models can be successful, if the best elements of both were combined. The Trial and error doesn’t have to exist, a perfect example of this model is the Nonprofit Resources (which sells insurance to nonprofits) http://www.npresources.org – They existed for years (I worked from them in the early 90′s as the first marketing assoc. before this was a trend and use them as a model for new companies). there is an error i must not that I understand 100% of the for-profit business shares must go back to the nonprofit (referring “GGF owns 98% of MFI” – can you explain why only 98. and the board must be two separate boards with no cross over – otherwise you deal with “self dealing laws etc). Nevertheless, there is alot to cover and so little time. Please feel free to contact me, I would love to ask more questions. Yvonne Brye-Vela, Founder of Charitymakers.net

Comments on: Hybrid Models for Non-Profits

By: Yvonne Brye-Vela