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The Patterson Foundation drives meaningful change through strategic philanthropy by building relationships, fostering collaboration, and sharing knowledge. Moving beyond its weekly blog posts, the Foundation offers Beyond The Blog podcasts to inform and engage listeners while sharing compelling stories of people, organizations, and communities strengthened by its initiatives. Listen to Beyond The Blog podcasts on Apple Podcasts, Spotify and iHeartRadio.
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Why The Greater Hartford Gives Foundation & The Patterson Foundation Are Investing in Social Enterprise for Nonprofit Impact
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In this episode of the Nonprofit Thrivability Podcast, host Read Corley speaks with Michael Corley, Consultant with The Patterson Foundation, and Meher Shulman, Associate Director of the Greater Hartford Gives Foundation, to explore how both foundations are working with No Margin, No Mission to strengthen nonprofit sustainability.
The conversation focuses on how No Margin, No Mission supports nonprofit organizations through the Patterson Foundation’s Margin & Mission Ignition program and the Greater Hartford Gives Foundation’s Social Enterprise Accelerator. Together, they discuss how social enterprise ventures, earned income strategies, and nonprofit-run businesses are helping organizations diversify revenue, build resilience, and approach mission delivery with an entrepreneurial mindset.
Timestamps
- 00:00 – Introducing Michael Corley and Meher Shulman
- 03:20 – Why earned income became a priority for the Patterson Foundation
- 06:08 – How the Greater Hartford Gives Foundation partnered with No Margin, No Mission
- 09:06 – Early outcomes and examples from the Social Enterprise Accelerator
- 11:05 – Why relationships are critical to sustaining social enterprise work
- 14:24 – Collaboration versus competition inside nonprofit cohorts
- 16:51 – Reflections from the all-cohort learning session
- 19:54 – How foundations leverage entrepreneurial success to strengthen nonprofits
- 22:20 – The broader benefits of earned income beyond revenue
- 24:15 – What strengthening the nonprofit sector truly means
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