The FAMCare Blog

A Troubling Trend: Nonprofit vs. For-Profit

Posted by GVT Admin on Aug 2, 2019 7:25:00 AM

Increasingly, nonprofits face growing competition from their for-profit counterparts. These for-profit companies can often deliver services at a lower cost or offer higher financial returns to cities, thanks to their capacity and ability to raise investment capital as business entities. This leaves the non-profit social infrastructure in communities at a competitive disadvantage and requires a more thoughtful approach to determining the value of contract bids beyond simply financial criteria.

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Topics: Nonprofit General, nonprofit mission, nonprofit sustainability, nonprofit funding, nonprofit, nonprofit vs. for-profit

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