The website for one of the most prominent sources of information about the so-called “fourth sector” notes the following:
“Over the past few decades, the boundaries between the public (government), private (business), and social (non-profit) sectors have been blurring as many pioneering organizations have been blending social and environmental aims with business approaches. There are many expressions of this trend, including corporate social responsibility, microfinance, venture philanthropy, sustainable businesses, social enterprise, privatization, community development and others. As this activity matures, it is becoming formalized as a ‘Fourth Sector’ of the economy.”
Here at Our Better Angels, we’ll have more to say about the fourth sector and our plans to develop opportunities for social-impact investing soon. Please stay tuned.