Nonprofit Sector Essay Example | Topics and Well Written Essays - 500 words

Nonprofit Sector - Essay ExampleSecondly, comments live with been directed toward not-for-profit organizations in regards to their lack of market discipline as a predominant cause of their limited self-sustainability. Other factors involve rising service and administration costs, and the increase competition for limited donations amongst nonprofit organisations. By becoming a commercial enterprise nonprofits are able to leverage former sources of funding. Nonprofits are seeking extra revenue such as setting up peripheral commercial businesses as a way to add to their fee paying programs that do not generate profits. In many cases this is a strategy in which they can raise community awareness of their cause and simultaneously make money. Some nonprofits have sought to commercialize their key programs, relying less on donations and moving to fee payments by beneficiaries, or creating contracts with government organisations or corporations.Alternatively, nonprofits may charge a corpor ation, which in turn charges its beneficiaries for a once free service.