Thursday, August 06, 2015

Why Venture Philanthropy Is the Future of Giving - PhilanTopic | PND | Foundation Center

Why Venture Philanthropy Is the Future of Giving - PhilanTopic | PND | Foundation Center: "Venture philanthropy makes nonprofits stronger, more sustainable, and more efficient at delivering impact, so that they in turn can help more of the vulnerable and at-risk. Although the concept has been around for years — in the U.S., there has even been discussion of whether venture philanthropy has peaked — it has yet to reach its full potential in Canada. Instead of simply providing cash grants to charities, nonprofits, and social enterprises, venture philanthropy invests in their business structure to help them grow and function more effectively. It's the difference between giving someone a fish and teaching him/her to fish."



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