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Encinitas part of national assessment of for-benefit economy

Kris Buchanan, owner of GoodOnYa and member of Encinitas For-Benefit Council, addresses the audience at a March 20 event. To her right are fellow panelists Manjula Nadarajah of the Chopra Center for Wellbeing and Chuck Samuelson of Kitchens for Good.
Kris Buchanan, owner of GoodOnYa and member of Encinitas For-Benefit Council, addresses the audience at a March 20 event. To her right are fellow panelists Manjula Nadarajah of the Chopra Center for Wellbeing and Chuck Samuelson of Kitchens for Good.
( / Aly Bucholz)

Encinitas has been selected as a flagship site for the Fourth Sector Mapping Initiative. This national research project aims to help policymakers better understand how to support and grow a for-benefit economy.

At national, state and local levels, a rapidly growing “fourth sector” at the intersection of the three traditional sectors—public, private, and nonprofit—has been gaining increased attention among policymakers and economic developers. The diverse “for-benefit” enterprises that make up the fourth sector all leverage market-based approaches and private capital to solve social, environmental, and economic challenges.

Encinitas For-Benefit will deploy the Fourth Sector Mapping Initiative survey in Encinitas to gather information on the local for-benefit ecosystem. This includes the barriers for-benefit organizations face, their social, environmental, and economic impacts, and the services and structures that support them.

Encinitas For-Benefit is a community-led initiative to create a for-benefit city, where the purpose of business is social, environmental, and economic benefit for all. In the summer and fall of 2015, Encinitas For-Benefit held a series of community meetings to raise awareness about for-benefit economic development. These organizing efforts celebrating the city’s tradition of for-benefit business practices resulted in Encinitas’ selection as a research site for the Fourth Sector Mapping Initiative. The assessment will provide baseline data for a multisector action plan to grow the for-benefit economy being developed by the Encinitas For-Benefit Council.

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The Fourth Sector Mapping Initiative is a joint project of the Urban Institute’s Center on Nonprofits and Philanthropy and Fourth Sector Networks. The project will develop a public research database of for-benefit organizations and fourth sector support organizations in the U.S. to provide insights into the growth, activities, models, and trends in the fourth sector.

Encinitas For-Benefit, a program of Engage Encinitas, formed out of a series of community meetings that began in July 2015. These gatherings were spurred by interest from the White House in piloting place-based for-benefit economic development initiatives around the country. The objective of Encinitas For-Benefit is to develop a supportive ecosystem in which for-benefit enterprises can flourish, thereby accelerating the transition to a sustainable, inclusive, and resilient economy.

To learn how you can support the local for-benefit movement, visit www.encinitasforbenefit.org.

Submitted press release

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