Research Needed in the Field of Social Entrepreneurship for Suzanne McKechnie Klahr
Students,
Over the past semester, Catherine Kim (a former student of the Introduction to Social Entrepreneurship course) has been working on a project researching how BUILD can transition to a more sustainable funding model. Small nonprofit organizations are typically able to meet their budgeting needs by motivating several individual donors, securing a small number of grants, or combining various types of funding sources to satisfy the organization’s overall need. However, as nonprofit organizations grow, such efforts are rarely sufficient to sustain large-scale fundraising needs. In response to this dilemma, The Bridgespan Group has produced the seminal guide, Finding Your Funding Model: A Practical Approach to Nonprofit Sustainability. This guide helps organizations like BUILD find their appropriate funding model(s) by: (1) analyzing the strengths and weaknesses of their current funding strategy, (2) identifying the preferred funding models that match the organization, (3) res earching best-in-class peer organizations within each preferred funding model, (4) evaluating the revenue-potential and costs of the preferred funding model options, and (5) developing an implementation plan for the selected funding models. Catherine has completed steps 1 and 2; she has also begun assembling contacts at various organizations for step 3. However, since Catherine is graduating, BUILD is now looking for another researcher to continue the project to completion.
2-4 independent writing credits can be given for this project, depending on the number of hours that the student is able to commit. The project also provides a fantastic opportunity to work closely with BUILD board members, as well as CEOs and development executives at major nonprofit organizations across the country. If you have questions or would like more information on the project, please contact Catherine at ckim@jd12.law.harvard.edu.