Non-profits start social enterprises to fund their missions

Across South Florida and nationwide, nonprofits increasingly are turning to businesslike ventures to ensure a steady stream of income and reduce their dependence on donations and grants. The Great Recession hit hard at funding, pushing nonprofits to seek new ways to become more self-sustaining.

“There’s not enough philanthropy to meet the social needs out there,” said Christopher Noe, who leads social investment at Nonprofits First in Boynton Beach, a nonprofit that serves other nonprofits.

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