Financing non-profit organizations (NPOs) differs from financing business companies. Based on a literature review this article highlights that many aspects of nonprofit development are defined at the stage of the organizations' foundation. Thus, we apply the path dependence theory as a basis for...

Philanthropic acts aim at a change in habits or situation in the life of others. The current debate on performance measurement and professionalization of the philanthropic sector leads - despite the altruistic tenor of the acts - to the question, which consequences the beneficence has and to...

In the course of professionalization in the nonprofit sector, specialized nonprofit support organizations emerge, which provide other nonprofit organizations (NPO) with strategic management competencies. These nonprofit support organizations coexist with forprofit consultancies in a mixed...

"Mission Investing" (MI) is an umbrella term for the practice of non-profit organizations (NPO) to include their mission into their investment policy. Despite the growing popularity of this concept it still greatly lacks a scientific foundation. This article identifies key characteristics of MI...

Both, CSR and corporate philanthropy are expressions of the interferences between the company and its societal environment. However, the question of the relationship between CSR and corporate philanthropy remains unclear. We apply alignment theory to shed light on the interdependencies of CSR...

The following report sums up the main findings of a study on corporate foundations. The research focus is put on different governance systems and their consequences for the independent status of the foundations' management as well as the foundations' ability to increase social impact. In the...

This article examines the state of comparative research of Non-Profit Organisations (NPOs). Reviewing 110 articles published in philanthropic and third sector journals in the last 10 years, this article surveys the essential aspects of the research design and content of comparative studies. It...