Social Entrepreneurship for the 21st Century: Innovation Across the Nonprofit, Private, and Public Sectors / Edition 1

—ELIOT SPITZER, former governor of New York and host of Current TV's Viewpoint —WILLIAM F. MEEHAN III, Raccoon Partners Lecturer in Management, Stanford Graduate School of Business and Director Emeritus, McKinsey and Company —PHIL BUCHANAN, president of the Center for Effective Philanthropy Modern social entrepreneurship is transforming the way we invest our money and change the world. Within 10 years, investors will channel hundreds of billions of dollars to achieve positive social and environmental impact in housing, health, education, energy, and financial services across the globe. While there are extraordinary financial and social gains to be made, many unanswered questions remain. What's the best way to harness markets to promote social change? And what kinds of investments can we make across the nonprofit, private, and public sectors to achieve a more shared prosperity? This book demystifies the complex world of social entrepreneurship, providing all the information you need to understand social investment and innovation, whether you’re a private investor, policymaker, nonprofit manager, or passionate and engaged donor. In clear and straightforward language, former McKinsey executive Georgia Levenson Keohane charts the development of what the calls "the emerging hybrid of philanthropy and private equity." In , a must-read for anyone interested in innovative solutions to social problems, Keohane: With in-depth coverage of cutting-edge social programs and philanthropic initiatives, provides the knowledge and tools you need to be a responsibly engaged investor and citizen in the coming decades.