Monday, September 29, 2014

What Is A Hybrid Nonprofit?

Fund raising is a way of life for nonprofit organizations.  Of the 1.5 million nonprofits registered in the United States, the majority must run massive fund raising projects year after year.  While these groups do great and important work, we all must make choices as to which groups we can support, and how much we can donate.  

We have chosen to use a different funding model, called a "hybrid nonprofit", for Esperanza Renovada, our vacation lodge and cancer survivors' retreat in Puerto Rico.  A hybrid nonprofit combines the social aspects of a nonprofit with the commercial goals of a for-profit business.  In our case, the vacation rental cabins provide income to pay for the day to day operation costs of the lodge and proceeds allow us to give free stays to cancer survivors. In other words, our fund raising campaign is strictly for the start-up and construction phases of the project.  

Check out our web site at www.esperanzarenovada.org for complete details on the project. Then please share the site with everyone you know.  Your donation, and your help spreading the word, will make this project a reality.

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