Before revision: One private foundation has staked the ground of more precise lexicon following the Newman's Own model having coined the phrase "Commercial Philanthropy" where commercial businesses are held and operated with all net proceeds going to serve social service needs.Foundation for Commercial Philanthropy, Inc. International presence Organizations such as the Skoll Foundation, the Omidyar Network, the Schwab Foundation for Social Entrepreneurship, Tasamy, Athgo, New Profit Inc., National Social Entrepreneurship Forum, HelpBnk and the Global Social Benefit Institute among others, promote and providing resources to advance the initiatives of social entrepreneurs.
After revision: One private foundation has staked the ground of more precise lexicon following the Newman's Own model having coined the phrase "Commercial Philanthropy" where commercial businesses are held and operated with all net proceeds going to serve social service needs.Foundation for Commercial Philanthropy, Inc. International presence Organizations such as the Skoll Foundation, the Omidyar Network, the Schwab Foundation for Social Entrepreneurship, New Profit Inc., National Social Entrepreneurship Forum, and the Global Social Benefit Institute among others, promote and providing resources to advance the initiatives of social entrepreneurs.