Proacative blog from Lucy Bernholz (if you don't read her - you shoudl)
She sees these threats to the special tax privieldges of sector as a whole:
- New corporate forms that recognize social businesses - like the L3C we have in Utah
- Tax credits for social businesses;
- Foundations' increasing interest in "sector agnostic" approaches to solving social problems;
- Regulatory concern about good governance, and payout rates from big foundations
- Investment in financial/social hybrids (not necessarily to nonprofits);
Lucy asks " But who is working on these big questions in pragmatic ways? Who is looking at what nonprofits do best, what social enterprises and social businesses contribute, and what roles government can and must play? Who is looking out for the whole? Or even looking at the intersections, not all of which are complementary or positive, of these many pieces?
