Peep Insights: A Dual Mission Business Model
The advent of Social Innovation has created a wealth of knowledge and new understanding, shifting the non-profit model paradigm from one of charity to purposefulness.
A Changing Model
In the past, Not-for-Profit organizations were referred to primarily as charities or service organizations. They generated funds by requesting large donations. They presented their cause as a great need within a community and relied on benefactors, foundations, and donations to survive. This model proved unsustainable over time as funding was unreliable.