5. What is a social enterprise?
• Have a clear social and/or environmental mission set out
in their governing documents
• Generate the majority of their income through trade
• Reinvest the majority of their profits
• Be autonomous of state
• Be majority controlled in the interests of the social mission
• Be accountable and transparent
14. Gift Economy Grant Funding
The Income Spectrum
Donor
(Unrestricted)
Funder
(Restricted with
agreed outputs /
outcomes)
Asking Earning
Source: This is a modified version of NCVO’s ‘Sustainable Funding: Across the income spectrum’ available at:
http://www.ncvo-vol.org.uk/uploadedFiles/NCVO/What_we_do/Sustainable_Funding/About_SFP/Income_Spectrum.pdf
Open Market
Consumer
(B2C sales)
Intermediary
(Loans / bonds /
equity finance)
Social Investment
Philanthropy
Donations
Corporate
Giving
Structured Market
Purchaser
(B2B sales)
Contracts
Commissioned
goods and
services
Borrowing