Prelude: “The Great Recession”.

Preface.

A Word about Scope.

A Style Note.

A Case to Be Made.

Chapter 1 The Disheartening Problem of “Scale”.

“All Children”.

“One Day”.

Transformative Social Impact.

The Funding/Performance Disconnection.

Small Caps and Large Caps.

Mid-Caps and $100 Million Problems.

Making the Most of a New “Golden Age”.

Foreclosing on the American Dream.

Of Drops and Buckets.

A Potential Inflection Point.

Objectives of This Book.

A Virtual Nonprofit Stock Market.

Chapter 2 The American Underclass.

American Social Progress: The Early Years.

The American Dream Arrives.

The American Dream Recedes.

Consequences of Social Immobility.

More Complex Solutions.

Governmental Response Mechanisms.

The Challenge of Producing Transformative Social Impact.

Chapter 3 Fragmentation.

Financial versus Nonprofit Capital Markets.

Organic Growth Isn’t Enough.

Limits of Innovation.

Market Adoption.

Implications of Moore’s Model.

Why Does Transformative Impact Cost So Much?

Moving toward Third-Stage Funding.

The Not-So-Little Capital Market That Can’t.

Chapter 4 Intermediation.

“Better” Philanthropic Choices.

An Economic Approach to Reducing Fragmentation.

Extracting Information about Nonprofit Impact.

“Long-Tail” Economics.

Between the Short Head and the Long Tail.

Intermediation.

“Nonprofit Finance Agents”.

Closed versus Open Intermediation.

Social Factor.

Chapter 5 Growth Capital.

Revenue versus Capital.

Investor Confidence.

Crossing the Funding Chasm.

Making the Nonprofit World Safe for Growth Capital.

Planning for Sustainable Growth.

Accounting for Growth.

Chapter 6 A Performance-Based Funding Market.

The Work of Markets.

The Illusion of Stock Prices.

Market Dynamics.

Financial Value versus Social Value.

Up versus Down; More versus Less.

Collective Intelligence.

Chapter 7 Prediction Markets.

An Illustration.

Behind the Curtain.

New Tools Proliferate.

Kinds of Markets.

Good Enough.

Rank Intelligence.

Chapter 8 The Impact Index.

Designing the IMPEX.

Determining Eligibility.

Ranking Nonprofit “Stocks”.

IMPEX.org.

Climbing Off the Drawing Board.

Chapter 9 Crossing the Fundraising Chasm.

Performance Measurement.

Platform Leadership.

Information Retrieval.

We Know.

Acknowledgments.

Index.