Tag Archives: nonprofits

Nonprofit Sector: Are You Creating Shared Value for Your Corporate Partners?

Prof. Michael Porter, Harvard University explains the difference between Corporate Social Responsibility (CSR) and Creating Shared Value (CSV)

Prof. Michael Porter, Harvard University explains the difference between Corporate Social Responsibility (CSR) and Creating Shared Value (CSV)

Nonprofits creating shared value for their corporate partners are seeing impacts to their fundraising efforts and the role of their organization in a community. The term, Creating Shared Value (CSV), is where nonprofits collaborate with companies to build meaningful and impactful partnerships to advance positive social change.

Jocelyne Daw, a recognized pioneer and leading expert in the evolution of authentic business and community partnerships, explains CSV as follows, “Creating Shared Value is a new form of corporate community involvement. Shared value is created when companies generate economic value for themselves in a way that simultaneously produces value for society by addressing social and environmental challenges.”

Daw explains that companies undertaking shared value initiatives need community partners to help them reconceive markets and services; build clusters; or reduce the costs in their value chain. “Shared value initiatives require the expertise, experience and knowledge of the community sector. At its heart, shared value requires cross-sector collaboration and deep partnerships,” Daw says.

Gone are the days where corporate partners are seen only as funders. Nonprofits need to seek common goals and build programs of mutual benefit. CSV initiatives provide support beyond philanthropy and are an added benefit to what companies are already contributing in their communities. “Shared value allows companies to generate value for themselves as they identify the immense human needs that must be met, large new markets to be served, and the internal costs of social deficits—as well as the competitive advantages available from addressing them,” Daw says.

What does this look like? In an article from the Harvard Business Review, businesses like Nestlé, Johnson & Johnson, and Unilever have incorporated this concept into their partnership programs. “Nestlé, for example, redesigned its coffee procurement processes, working intensively with small farmers in impoverished areas who were trapped in a cycle of low productivity, poor quality and environmental degradation. Nestlé provided advice on farming practices; helped growers secure plant stock, fertilizers, and pesticides; and began directly paying them a premium for better beans. Higher yields and quality increased the growers’ incomes, the environmental impact of farms shrank, and Nestlé’s reliable supply of good coffee grew significantly. Shared value was created,” says Michael E. Porter, of Harvard Business School, and Mark R. Kramer, the managing director of the social impact advisory firm FSG.

We’ll be hearing and seeing more about CSV partnerships in the coming years. They provide a competitive advantage and anything that impacts the bottom line can’t be ignored. It will be exciting to see which organizations embrace these changes moving forward and how they continue to affect communities.

Digital advertising playbook for nonprofit holiday giving campaigns

Giving Campaigns

It’s that time of year again: That time when nonprofits start to think about capitalizing on the charitable mood that tends to spike around the holiday season.

But here’s the problem: Just about every nonprofit across the country is having this same inclination. Take Colorado, for instance: We have Colorado Gives Day every year in early December, which is a 24-hour period in which Coloradans are encouraged to give to their favorite registered nonprofit. The nonprofits who raise the most then receive an extra funding boost from an incentive fund created for that day.

But with all that competition, there’s plenty of noise, especially in the digital space. So how do you help your campaign stand out?

That’s a question many clients have posed to us — so much so that we’ve developed a bit of a playbook; one that has shown to be particularly helpful for smaller nonprofits looking to fully dive in to the holiday giving season for the first time.
Read more after the jump…

How Nonprofits Can Demonstrate ROI to Partners

Student Advocacy Annual Report Example of How Nonprofits Can Demonstrate ROI to Partners Demonstrating ROI for a grant or a sponsorship is critical for nonprofits to maintain and build long-term partnerships with businesses. There are some foundations that require their own lengthy reporting, but if they don’t, read on.

Whether we’re talking about a $1,000 or $100,000 sponsorship program, nonprofits should track everything and provide a follow-up report specifically tailored to the grant/sponsorship’s support. This report doesn’t have to be a massive document; it actually should be a simple 1-5 page report, or better yet, a PowerPoint. These can be thought of as mini annual reports.

Here’s what to include: Read more after the jump…