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November 22, 2011

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Elizabeth Castillo

Bravo Albert! Thanks for keeping the issues so clear and understandable.

I'm struck by the contrast between your thoughts and a recent article in the Winter 2012 Stanford Social Innovation Review ("Social Impact Markets: Why A Market for Social Innovation is Needed Now More Than Ever").

That author advocates for competition and market dynamics to winnow out organizations that are not delivering sufficient innovation and impact. His basic message is that low performing organizations are not worthy of philanthropic investment.

The unsurfaced assumption that doesn't get voiced is that it's ok for nonprofits to go out of business. While this may be true for a few, this philosophy could easily lead to the demise of safety net services in a community. It would be interesting to see computer modeling of the long-term impact of his investment strategy.

On a positive note, I do agree with his recognition of non-financial resources as a valuable and overlooked source of support,and I appreciate the work he is doing there.

Keep up the great work Albert! We greatly appreciate your perspectives and your time and energy spent sharing them with your sector peers. They enrich our thinking and actions.

Albert

Thanks, Elizabeth. I worry also about the excessive focus on innovation. We know how to end homelessness, for example; we just don't want to pay for it.

Almost Isn’t Good Enough

Thanks, Elizabeth. I worry also about the excessive focus on innovation. We know how to end homelessness, for example; we just don't want to pay for it.

raising money

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fundraising

Thanks, Elizabeth. I worry also about the excessive focus on innovation. We know how to end homelessness, for example; we just don't want to pay for it.

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