So here’s the deal: there are wealthy people and institutions out there in the world right now who are willing to give your nonprofit a lot of money. As a matter of fact, that number appears to be growing. It’s getting to be such a hot topic that even stodgy Forbes is talking about it, KMPG is staking its claim in the Social Impact Bond market, and David Cameron is all up in the G8’s business. You know that when the Harvard Business Review says that Social Impact Investing Will Be the New Venture Capital, well, it’s all over but the crying.
There’s just one problem: the sector needs deals. Badly. And they really want nonprofits to take the lead on proposing and structuring those deals. That’s right, you.
So, what if someone gave you $5 million, and then asked for it back? What would you use it for? How would you advance your organization’s mission? How would you insure repayment? Perhaps most importantly, how could you use this opportunity to grow?
Well, I have some ideas for you. Continue reading