What Is NxGen Social Enterprise?

Today, while not a new concept, social-entrepreneurship or social enterprises are becoming increasingly popular. A social enterprise (either a for-profit or nonprofit enterprise) is one that utilizes business methods to achieve both a social or environmental objective and profitability.

This concept is recognized in the global community as "Triple-Bottom-Line"...people, planet and profits. Besides profitably achieving a social or environmental objective, the benefit of structuring as a 'Social Enterprise' is that new doors to capital sources are opened that can expand beyond the traditional debt and equity capital sources at a lower capital and ownership cost. Fiscal-sponsorship facilitates and stimulates the capital flow between a sponsored-venture and the emerging social-investment community; those capitalists, philanthropists, corporate sponsors and grant sources that have traditionally fueled creativity and innovation.

A New Social-Value Proposition
NxGen Family Office Benefits is a leader in facilitating 'fiscal sponsorship' and applying financial innovation and sourcing of capital for social ventures that profitably address social, economic and environmental challenges. As the Administrator for Inspired Life Centers, Inc. we seek out opportunity to inspire, foster and nurture the creativity and innovation of the human spirit. Unique is our ability to help 'redefine' a firm's 'statement of purpose' into a social, economic or environmental mission-statement. NxGen Family Office works with social-entrepreneurs and organizations to craft new (and 'retrofit' outdated) social-service-mission-statements to address capitalization and undervaluation constraints due to the emerging socio-economic trends and climate changes. We provide new perspectives for creating relationships to assist in providing new financial services in the capital supply chain by sponsoring and fostering social ventures that can increase investment returns to investors, philanthropists, corporate sponsors, lenders and grant providers.

Value Creation: The incremental value created when converting an existing enterprise or sponsoring a new social venture can be substantial. By bringing income-shifting into play and lowering acquisition costs through charitable deductions, transacting parties can save millions of dollars in taxes and realize incremental value-creation from the capitalized value of the tax savings. In essence this comprises a 'government franchise' to couple or blend philanthropic dollars with the other benefits of entrepreneurial activity to deploy social-investment capital to seed-fund social ventures; those enterprises conceived and planned to profitably attack social problems. In doing so, social-ventures become an alternative to current ineffective and enormously wasteful public sector initiatives. If looked at through an 'entrepreneurial lens', social ventures create opportunity for the social-entrepreneur to launch a business or real estate development that not only generates profits but alleviates a social problem. This shift in activity from the public domain of governments, nonprofits and philanthropy to the private sector sets in motion a virtuous cycle of more profits to solve more problems! This form of social-wealth creation, or, NxGen Social Enterprise ultimately lowers government expenses and taxpayer costs.