Have you ever wondered how funding for social change has transformed over the years? In this lesson, we explore the fascinating evolution of social financing, bridging the historical divide between non-profit and for-profit worlds. Discover how the rise of social entrepreneurship has led to new investment approaches like impact investing, and how traditional philanthropy has adapted to become more strategic and catalytic, yet the need for more patient capital persists.
🎯 Learning Objectives
• Understand the historical separation of non-profit and for-profit funding.
• Define and differentiate between various philanthropic approaches, including strategic, catalytic, and venture philanthropy.
• Explain impact investing, its unique characteristics, and how it differs from traditional philanthropy and socially responsible investing (SRI).
• Identify key organizations and resources that support and define the landscape of social impact funding.
• Recognize the ongoing challenge of the "missing middle" and the need for more patient capital in social entrepreneurship.
📚 About the Course
Have you ever wondered what it would be like to create real change? You don't have to start your own organization to make a difference in the world. Everyone can learn the social entrepreneurship mindset and skillset to build social impact. In this course, you will immerse yourself in a social or environmental challenge you want to tackle. You'll start by researching your topic of choice, talking to people, and ideating a potential solution that you can contribute. Then, you'll build a business model around that solution, understanding concepts like measuring social change, ensuring financial viability, funding and pitching.
This course is a safe space to experiment and explore. You'll be guided by a ten stage framework to help structure your journey. Along the way, you'll hear from social entrepreneurs around the world through case studies and campus conversations. These include Yale alumni, members of the New Haven community, and global changemakers. Everyone is welcome to join this course! You can apply your lived, learned, or professional experience to discover how you're going to make a difference.
📺 Watch the full playlist on YouTube: https://www.youtube.com/playlist?list=PLh9mgdi4rNezbi0aRJeVnt99ynTVZG1PL
🎓 Enroll on Coursera for assessments and a certificate: https://online.yale.edu/courses/creating-change-through-social-entrepreneurship
🌐 Explore more learning opportunities on Yale Online: https://online.yale.edu/courses/creating-change-through-social-entrepreneurship
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