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AAA says Sage survey shows growing interest in Social Enterprises
AAA claims that the recent results of the Sage Nonprofit Insights grant management survey in the US shows that partnering with social enterprises can benefit non profit organisations.
The survey found that 17 per cent of the US and Canadian nonprofits questioned were either currently partnering social enterprises or were planning to soon, while 32 per cent were not aware either way. Among those that are partnered with social enterprises, 90 per cent said that the partnership has been 'very' to 'somewhat' successful.
Although this is a positive sign for impact investment, there is still a problem with a lack of awareness about involvement in impact investing. Some 32 per cent of respondents had no idea if their organisation had sought to take part in impact investing.
Sage Nonprofit Solutions' general manager and senior vice president, Krista Endsley, explained how social enterprises are starting to become more involved with the non profit sector in general. "The proliferation of social enterprise programs is moving many organizations into what is called a hybrid model of operation, where both a non profit and for-profit entity coexist in order to accomplish a social or environmental mission," she said.
The researchers also found that 48 per cent said their organisation had sought the information they need to take part in a partnership with a social enterprise in the future.
AAA's analysis partner, Anthony Johnson, said that the results of the survey showed that impact investing and social enterprise in general was being taken increasingly seriously. "Investing in ethical projects, such as community projects, education or environmentally-
AAA supports a range of alternative investment projects, such as the forestry investment scheme run by Greenwood Management in Brazil. The company operates sustainable plantations of teak and eucalyptus that can deliver healthy returns to investors over the medium to long-term.
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