Capital Access of Nonprofit Organisations

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dc.contributor.author Lyons, MJ
dc.contributor.author North-Samardzic, A
dc.contributor.author Young, AL
dc.date.accessioned 2009-12-21T03:52:32Z
dc.date.issued 2007-01
dc.identifier.citation Agenda, 2007, 14 (2), pp. 99 - 110
dc.identifier.issn 1322-1833
dc.identifier.other C1 en_US
dc.identifier.uri http://hdl.handle.net/10453/5755
dc.description.abstract The recent sales by the Salvation Armys Southern Territory and the St Vincent de Paul Society in NSW of their nursing homes point to a wider problem faced by many parts of Australias nonprofit sector. Faced with the need for considerable new capital investment to ensure their accommodation met new aged care standards to be introduced in 2008, and recognising the challenges that such capital raising would entail, these two leading nonprofit organisations chose to pass the problem to others that could handle it in the case of the Salvation Army a consortium containing Macquarie Bank and a large for-profit aged care provider (Macquarie Bank, 2005; Horin, 2006). Many other nonprofit organisations that over the past fifty years have built facilities such as hospitals, aged accommodation, child care and schools face similar needs to refurbish or reposition these assets and similar challenges in accessing the capital needed for the task. Capital is either difficult to raise or is inaccessible. Of greater importance perhaps, many successful nonprofits are constrained from expansion by difficulties in raising capital and many potentially important social innovations are strangled by their inability to raise start-up capital.
dc.publisher Australian National University
dc.subject NA
dc.subject NA
dc.title Capital Access of Nonprofit Organisations
dc.type Journal Article
dc.parent Agenda
dc.journal.volume 2
dc.journal.volume 14
dc.journal.number 2 en_US
dc.publocation Australia en_US
dc.publocation Sydney, Australia
dc.identifier.startpage 99 en_US
dc.identifier.endpage 110 en_US
dc.cauo.name BUS.School of Management en_US
dc.conference Verified OK en_US
dc.conference International Conference on Intelligent Technologies
dc.for 160510 Public Policy
dc.personcode 995363 en_US
dc.personcode 99062729 en_US
dc.personcode 10127316 en_US
dc.percentage 100 en_US
dc.classification.name Public Policy en_US
dc.classification.type FOR-08 en_US
dc.date.activity 2007-12-12
dc.location.activity Sydney, Australia
dc.description.keywords NA en_US
dc.description.keywords NA
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
pubs.organisational-group /University of Technology Sydney/Faculty of Business/School of Management


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