Conscientious Self Regulatory Organizations (CSROs) are proposed to function like stock exchanges but for non-profits, allowing them to raise funds efficiently while providing donors a reasonable financial return and increased social impact. A CSRO would provide transparency and analytics on non-profit projects and performance. This would reduce costs for non-profits to raise capital and give donors confidence to invest. Hypothetically, a school teacher uses a CSRO to purchase bonds funding an environmental non-profit's new community center, receiving a small annual return while supporting her cause.

1. Conscientious Self Regulatory Organizations (CSRO) prepared by Natraj Bhushan, Michael Moskowitz and Elizabeth Mariwalla