The Tipping Point Fund launched with $12.5 million in funding from a group of nine organizations.
The fund will look to collectively push best practices and help support the core standards work that is already being done by a number of organizations.
One of the goals for the new fund is to expand and diversify the group of donors committed to building the field and preserving the industry's focus on impact.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.