Today's economy has forced many charities to cut back on their services. Charitable giving is also down and federal and state governments are pulling back on their support of the social sector. This trend has drastically changed the business model for many nonprofit organizations requiring them to become innovative and entrepreneurial to survive.
On Thursday, Aug. 25, Marc J. Lane, author of Social Enterprise: Empowering Mission-Driven Entrepreneurs, appeared at the University of Baltimore to discuss the topic of changing nonprofits. Lane was the first speaker of the 2011-12 Merrick School of Business Speaker Series season. The school partnered with the Social Enterprise Alliance to bring this program to the community.
About the Author
Lane is an expert on entrepreneurship and entrepreneurial finance, and an influential advocate of best practices in corporate governance. He is an innovator in helping social enterprises and social entrepreneurs leverage capital to maximize financial results while driving positive social change. Lane teaches social enterprise at the Northwestern University School of Law. He is the pioneer behind the Advocacy Investing approach to socially responsible and mission-related investing.
Lane is a two-time recipient of the Illinois State Bar Association's Lincoln Award. He has also received accolades as a "Leading Illinois Attorney" and "Illinois Super Lawyer," and has consistently earned an "AV Preeminent" rating in the Martindale-Hubbell Legal Directory, the highest ranking awarded by the publication. The directory also includes him in its Bar Registry of Preeminent Attorneys.
Lane is the author of 34 books, including Social Enterprise: Empowering Mission-Drive Entrepreneurs; Representing Corporate Officers, Directors, Managers, and Trustees; Profitable Socially Responsible Investing: An Institutional Investor's Guide; and Advising Entrepreneurs: Dynamic Strategies for Financial Growth.