With so much happening in the sector, we are often confused by all the terms that are thrown about. Just when we were getting used to the Triple Bottom Line, Quadruple Bottom Line has made its appearance!
It’s easy to get bogged down by these terms, but luckily for you, iMPACT has created this handy guide for some of the terms that the dictionary bypassed.
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Angel Funding: See Devil Funding
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Annual rapport: A document that has as its sole aim the continuance of a project funding.
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Bended value: Delivering socially responsible returns, along with a financial return, by bending whatever comes in the way: definitions, protocols, or facts.
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Changemaker: A person who works in the social sector and gets paid petty change.
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Devil Funding: Another word for angel funding, but the devil is in the details!
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Due dalliance: An investor’s engagement with a social enterprise purely for fun. Most times, this will involve detailed reports and several rounds of discussion with the social enterprise, who is not privy to the dallying nature of said engagement.
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Impact Infesting: Current state of social impact, where everyone is looking to prove maximum social impact of their work.
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Social Capital: Contraction of the declaration, “SO SHALL CAPITAL ism continue to rule regardless of how society views it.”
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Social entrepreneur: A word that reminds us to put “you” before “our”.
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Stakeholders: A group of people, typically investors, who have an interest in your social change idea, and who wait, stake in hand, to roast you in case you fail.
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Sustainable development goals: Goals that are sustainable and will remain as such for eternity.
We are planning on bringing out a dictionary of these words/terms/concepts, and if you come across any (say, the Quintuple Bottom Line), do email editor@asianngo.org!
