New Profit, Inc (NPI) is an innovative charity fund company. Founded by social entrepreneur Venessa Kirsch, NGO intends to raise large donations from individuals who want to invest in commercial enterprises that may have significant social implications and the ability to grow to scale. NPI seeks and identifies those organizations that provided the initial funding, monitors their performance, and then provides additional funding to enable them to become a high-impact, national organizations. NPI uses a balanced Scorecard approach to measure both its own activities and the activities of its subsidiary companies. Balanced Scorecard provides a language for the contract between the NCB and its sponsors and board, as well as between NGOs and organizations of the portfolio. "Hide
by Robert S. Kaplan Source: Harvard Business School 16 pages. Publication Date: November 30, 1999. Prod. #: 100052-PDF-ENG
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