A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for external shareholders. Social enterprises can be structured as a for-profit or non-profit, and may take the form of a co-operative, mutual organization, a disregarded entity, a social business, or a charity organization
Many commercial enterprises would consider themselves to have social objectives, but commitment to these objectives is motivated by the perception that such commitment will ultimately make the enterprise more financially valuable. Social enterprises differ in that, inversely, they do not aim to offer any benefit to their …show more content…
In 1999, the first GK house was built for the Adduru family, also from Bagong Silang. The name "Gawad Kalinga", which translates in the Filipino language either as "to give care" or "to award care," was coined in 2000.
The first GK Expo was launched on October 4, 2003, in Fort Bonifacio, Taguig City. During this gathering, GK launched a campaign called the GK777 campaign to build 700,000 homes in 7,000 communities for 7 years.
On February 25, 2006, GK launched the Isang Milyong Bayani ("One Million Heroes", also known as GK1MB) program, where volunteers from various nations would donate 4 hours of work per month to assist in GK communities. The program includes an annual event called the GK1MB Bayani Challenge, a one-week national immersion/build activity, where volunteers within the program come together to build homes in a GK community for a week. The Bayani Challenge has been held in Aurora Province and Quezon Province (2006); Albay, Camarines Sur, Sorsogon, Marinduque, and Samar (2007); Bukidnon and Lanao del Sur (2008); and Sulu and Zamboanga City (2009).
The first Gawad Kalinga Global Summit was held in