I admire social entrepreneurs for their grit and determination.
Four folks in the last two weeks inquired about their nonprofit startup.
==>> Can you guess what each person had in common?
**** Remarkably, each project has a for-profit component.
Developing program revenue is fairly common—however, these four each took distinct approaches.
1. To pay for a housing program for women in recovery, one may provide sorely needed medical services, including testing, and bill insurance, where possible, for the communities it serves.
2. To provide free in-person and virtual science (STEM) education for underserved youth, another is planning a gift store and food service at their physical location.
3. A cafe shop and animal petting area will provide revenue to pay for a no-kill animal shelter where visitors may, under supervision, see (and even touch) the animals.
4. An art gallery and coffee shop charges will help pay for inspirational educational programs for incarcerated and formerly incarcerated women with mental health challenges.
As a result, I rely on solid legal referrals with extensive nonprofit experience in various legal structures that are possible and preferable depending on each state.