Capturing the Invisible Wealth in Nonprofits to Overcome Myopic Perceptions
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comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
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INVESTIGACIONMetadata
Title
Capturing the Invisible Wealth in Nonprofits to Overcome Myopic PerceptionsDate
2020Publisher
MDPIISSN
2071-1050Bibliographic citation
FUERTES-FUERTES, Iluminada; CABEDO, J. David; JIMENO-GARCÍA, Inmaculada. Capturing the Invisible Wealth in Nonprofits to Overcome Myopic Perceptions. Sustainability, 2020, vol. 12, núm. 1, p. 48Type
info:eu-repo/semantics/articlePublisher version
https://www.mdpi.com/2071-1050/12/1/48Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
Since nonprofits use third-party funds for their activities, they are often perceived as resource managers or spending units, instead of being considered as social wealth generating entities. The aim of this study is ... [+]
Since nonprofits use third-party funds for their activities, they are often perceived as resource managers or spending units, instead of being considered as social wealth generating entities. The aim of this study is to help to overcome this myopic perception by showing how the invisible wealth generated by these organizations can be made visible. We use the SROI methodology to do so, by identifying stakeholders, outcomes (tangible, intangible) and social impacts in a drug addiction treatment centre. The results show that social impact in monetary terms exceeds that of the inputs used, confirming the idea that addiction-based nonprofits are social wealth generating units. The conclusion drawn is that social impact measurement should be widely used as a management tool and a mechanism for reinforcing the social image of nonprofits. [-]
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Sustainability, 2020, vol. 12, núm. 1, p. 48Investigation project
This work was supported by the Generalitat Valenciana (AICO/2015/024)Rights
info:eu-repo/semantics/openAccess
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