Giving Compass' Take:

• Partnerships between nonprofits and for-profits are becoming more common as consumers want to engage with ethically-conscious businesses and products. 

• How would these partnerships function successfully? What are the challenges? What are the benefits? 

• Read about the business benefits of sustainability partnerships. 

Whether it be knowing that their coffee beans are a product of fair trade, or that the packaging they come in is made from recycled products, consumers are increasingly expecting goods and services that fulfill their initial need and attempt to improve the communities that they are profiting from.

Partnerships between nonprofits and for-profit organizations are becoming more and more popular as consumers continue to seek out ethically conscious businesses.

How exactly can these partnerships function? According to Nonprofit Information, these relationships should benefit all parties involved. The nonprofit organization should see increased success from the association with that particular company and vice versa.

The above is just one example of a for-profit/nonprofit partnership. Craig Kielburger, the co-founder of WE, discussed with Forbes about how it can actually further the mission of an organization. Kielburger focuses on child labor, stating;

“To have a real impact, companies need to address the root cause, which is desperate poverty. Companies must take responsibility for the welfare of the communities where their suppliers are located. I’m not suggesting that all businesses start charities. But in accordance with Goal 17 of the UN's Sustainable Development Goals, "Partnerships for the Goals," for-profits can and should work with development organizations, pooling respective talents, resources, and networks. There’s a host of opportunities for successful cross-sector marriages.”

Read the full article about nonprofit and for-profit partnerships by Jessica Cunha at Charity Navigator.