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spanish — Fri, 25 Apr 2008 12:07:14 -0400

"organizations find themselves bowing to the needs of their funders rather than their constituents." Yes this is a very sad fact. Unfortunately many organizations have no other option but to carry on with these ways since there are no other options.

NESsT – Teaching NGOs to Serve the Poor Sustainably

Lauren Abendschein — Tue, 09 Jan 2007 22:54:06 -0500

It’s a classic non-profit problem: organizations find themselves bowing to the needs of their funders rather than their constituents. And of course, there is never enough funding. NESsT is taking an innovative and holistic approach that helps nonprofits increase their long-term viability and independence by generating some of their own resources through social enterprise.

In some ways NESsT is similar to Unitus – another Social Capitalist Awards favorite (NESsT was a finalist in 2006). Using a philanthropic investment fund NESsT provides financial and capacity-building support to a select portfolio of social enterprises owned and operated by civil society organizations in Central Europe and Latin America. NESsT works to develop techniques to generate revenues that diversify the financing base and further the mission of the parent nonprofit organization.

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NESsT – Teaching NGOs to Serve the Poor Sustainably