November 12, 2009
New Exchange Seeks to Help Charities Expand
Many nonprofit groups with demonstrated results still struggle to raise money to spread their programs, despite plenty of talk in the philanthropic world over the past decade about focusing dollars on what works.
That mixed record has prompted interest in a capital marketplace — not unlike the stock market — where money would flow naturally to charities offering the best programs.
The creators of the Social Impact Exchange hope it can become that
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