Scaling impact is difficult, new analysis shows – One type of donor is crucial for success
Social enterprise
Identify a problem, build a solution, scale it. And once it reaches scale, your organization becomes self-sustaining. No, says a new study of 28 successful NGOs’ finances. That assumption is entirely incorrect. And this should prompt serious reflection, especially among foundations that aim to create lasting change, according to the woman behind the study.
You have developed a solution to a social problem. Now you are looking for a sustainable business model that ensures your solution reaches as many people as possible and achieves maximum impact. What do you do?
That is the question Spring Impact has asked itself. To find the answer, the organization analyzed the business models of 28 high-performing nonprofit organizations that deliver solutions to social problems worldwide.