Venture philanthropy

Venture philanthropy takes concepts and techniques from Venture Capital finance and high technology business management and applies them to achieving philanthropic goals.Venture philanthropy is characterized by:willingness to experiment and try new approachesfocus on measurable results: donors and grantees assess progress based on mutually determined benchmarksreadiness to shift funds between organizations and goals based on tracking those measurable resultsgiving financial, intellectual, and human capital funding on a multi-year basis - typically a minimum of 3 years, on average 5-7 yearsfocus on capacity building, instead of programs or general operating expenseshigh involvement by donors with their grantees. For example, some donors will take positions on the boards of the nonprofits they fund.
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