What the heck is venture philanthropy? The Center for Venture Philanthropy in Silicon Valley has a quick summary:
"The CVP was launched in 1999, to create an environment where community donors could collaborate and drive positive change in our communities. Using a venture capital model, investors base "social venture funding" on results-oriented business plans. Investors work directly with the CVP staff and nonprofit leaders to understand community and nonprofit issues, problem-solve, and structure their investments."
It's a very interesting model. See also "Does Venture Capital Offer Lessons for Nonprofit Capitalization?" by Mario Morino of Venture Philantropy Partners.
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