It’s an exciting trend among nonprofit start-ups: blending charitable giving with for-profit business models. Hybrid nonprofits are shaking up the philanthropic sector with innovative approaches to revenue strategy. It’s part fundraising, part commercial enterprise.
If you’re starting a nonprofit, a hybrid business model may be just what’s needed to secure sustainable revenue and set yourselves apart from competing organizations. To learn by example, click below. The following article outlines a new hybridized nonprofit—a bar called Cause—that gives back by selling beer. Cheers!
New ‘PhilanthroPub’ Invites Guests to Eat, Drink, and Do Good [Chronicle of Philanthropy]