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Dacey Rankins

added blog Business
2025-04-15 21:13:34 -

How Does a Social Enterprise Differ from a Nonprofit?
In a world where organizations strive to address pressing social and environmental issues, two impactful models often come into focus: social enterprises and nonprofits. While they share the common goal of tackling societal challenges, their approaches and funding mechanisms set them apart. Mission-Driven Models with Different Engines Both social enterprises and nonprofits are mission-driven....

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Dacey Rankins

added blog Business
2025-03-28 14:35:19 -

Are Contributions to Crowdfunding Campaigns Tax-Deductible?
Crowdfunding has become a popular way for individuals and organizations to raise money for a wide range of causes, from personal projects to charitable initiatives. However, many potential backers may wonder if their contributions to crowdfunding campaigns are tax-deductible. While it might seem like a good idea to claim a tax deduction for supporting a campaign, the answer is not always...

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Dacey Rankins

added blog Business
2025-03-26 16:25:01 -

How Can I Ensure Ethical Fundraising Practices?
Fundraising is essential for many organizations, whether they are nonprofits, community groups, or individuals seeking to support a cause. However, raising money ethically is equally important to ensure that your donors trust you and feel confident in contributing to your mission. Ethical fundraising practices are not just about adhering to the law; they also foster transparency, integrity, and...

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Dacey Rankins

added blog Business
2025-04-16 17:11:35 -

How Can One Start a Social Enterprise?
Starting a social enterprise is an exciting and impactful way to address critical social or environmental issues through business. Unlike traditional companies, social enterprises aim to create lasting change while maintaining financial sustainability. But how do you actually get started? It begins with purpose, planning, and persistence. 1. Identify a Pressing Issue The foundation of every...

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Dacey Rankins

added blog Business
2025-03-26 16:34:08 -

How Do I Attract and Retain Donors?
Attracting and retaining donors is one of the most important aspects of running a successful fundraising campaign or nonprofit organization. Without a steady stream of donations, your organization’s mission cannot thrive. However, simply attracting donors isn't enough. To ensure long-term support, it’s vital to build meaningful relationships, keep donors engaged, and consistently...

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Dacey Rankins

added blog Business
2025-03-26 16:19:00 -

How Do I Start a Fundraising Campaign?
Starting a fundraising campaign can seem like a daunting task, but with the right strategy and approach, it can become a powerful tool to support a cause close to your heart. Whether you’re raising money for a nonprofit, a personal project, or a community initiative, there are several key steps you should follow to ensure your campaign's success. Here’s a guide on how to initiate a...

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Dacey Rankins

added blog Business
2025-04-14 13:56:15 -

What Is a Social Enterprise?
In today’s world, more businesses are being built not just to generate profit—but to make a real difference. These mission-driven organizations are known as social enterprises, and they’re redefining what it means to do business with purpose. What Exactly Is a Social Enterprise? A social enterprise is a business that prioritizes addressing social or environmental issues...

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Dacey Rankins

added blog Business
2025-03-26 16:23:13 -

What legal requirements are there for fundraising?
Fundraising is a crucial activity for nonprofits, individuals, and organizations looking to raise money for various causes. However, whether you're running an online campaign or hosting an in-person event, it's essential to understand the legal requirements that govern these activities. Legal obligations can vary based on location, the type of fundraiser, and the specific fundraising methods...

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Dacey Rankins

added blog Business
2025-04-16 17:09:40 -

What Legal Structures Are Suitable for a Social Enterprise?
Choosing the right legal structure is a critical decision for any social enterprise. Unlike traditional businesses or nonprofits, social enterprises occupy a unique space—striving to achieve both financial sustainability and measurable social or environmental impact. The ideal legal structure depends on several factors, including the enterprise’s mission, funding model, and regional...

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