Vancity and Vancity Community Foundation help social enterprises demonstrate value
Vancity and Vancity Community Foundation help social enterprises demonstrate value
About this story
- Organization
Demonstrating Value Program - Region
Vancouver, BC - Area of impact
Energy and environment - Download a
long version of this story
Small businesses with a social mission may struggle to balance a healthy financial return with achieving their social objectives. Fortunately, help is available through Vancity and Vancity Community Foundation’s Demonstrating Value program. Demonstrating Value measures financial and social success by mapping an enterprise’s goals and outcomes, and applying three measures: business performance, mission performance and organizational sustainability. The measures can be used to help an enterprise’s board of directors make decisions or as a management tool for employees—what’s fundamental is the value of blending the social enterprise’s mission with a revenue-generating model.