Charity or Social Enterprise Different models for responding to social problems Rhiannon Horsley, James Hubbard, Freddie Williams Student Hubs Overview • • • • Definitions Is one better than the other? Is it a charity or a social enterprise Discussion Split into Groups Discuss: What is a social enterprise? Discuss: What is a charity? Definition: Social Enterprise A social enterprise is a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximize profit for shareholders and owners. (DTI 2002) Definition: Charity Charities are voluntary organisations which benefit the public in a way that the law says is charitable It’s confusing! Until 2005 there was not a specific legal structure for social enterprises. Many Social enterprises are registered with the Charity Commission Many Charities will have a trading arm Definition: Charitable Activity Spectrum Line SWOT Analysis Strength Weakness Opportunity Threat Charity or Social Enterprise Teach First Charity or Social Enterprise Big Issue Charity or Social Enterprise? Marie Stopes Charity or Social Enterprise? Your Student Union Charity or Social Enterprise? Oxfam Charity or Social Enterprise The Co-op Charity or Social Enterprise John Lewis Hub Works UnLtd www.unltd.org.uk laurencroll@unltd.org.uk