Capital Access of Nonprofit Organisations

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Show simple item record Lyons, Mark en_US North-Samardzic, Andrea en_US Young, Angus en_US 2009-12-21T03:52:32Z 2009-12-21T03:52:32Z 2007 en_US
dc.identifier 2007000519 en_US
dc.identifier.citation Lyons Mark, North-Samardzic Andrea, and Young Angus 2007, 'Capital Access of Nonprofit Organisations', Australian National University, vol. 14, no. 2, pp. 99-110. en_US
dc.identifier.issn 1322-1833 en_US
dc.identifier.other C1 en_US
dc.description.abstract The recent sales by the Salvation Army?s 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 Australia?s 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. en_US
dc.publisher Australian National University en_US
dc.relation.isbasedon en_US
dc.relation.isbasedon en_US
dc.title Capital Access of Nonprofit Organisations en_US
dc.parent Agenda en_US
dc.journal.volume 14 en_US
dc.journal.number 2 en_US
dc.publocation Australia en_US
dc.identifier.startpage 99 en_US
dc.identifier.endpage 110 en_US BUS.School of Management en_US
dc.conference Verified OK en_US
dc.for 160510 en_US
dc.personcode 995363 en_US
dc.personcode 99062729 en_US
dc.personcode 10127316 en_US
dc.percentage 100 en_US Public Policy en_US
dc.classification.type FOR-08 en_US
dc.description.keywords NA en_US

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