Key Characteristics of Venture Philanthropy?

Key characteristics of venture philanthropy:
  • High engagement: venture philanthropists have a close, hands-on relationship with the social entrepreneurs and ventures they support, driving innovative and scalable models of social changes.
  • Tailored financing: as in venture capital, venture philanthropists take an investment approach to determine the most appropriate financing for each organization.
  • Multi-year: support typically lasts at least three to five years, with the aim of helping the organization to become financially self-sustaining by the end of the funding period.
  • Non-financial support: value-added services are provided such as strategic planning, marketing and communications, executive coaching, human resource advice and access to other networks and potential funders.
  • Organizational capacity: the focus is on building the operational capacity and long-term viability of the organizations