Global updates
Venture philanthropy strategies for foundations
1 September 2010
Alliance magazine
The European Venture Philanthropy Association (EVPA) uses the term venture philanthropy (VP) to describe grantmaking and social investment that involves six characteristics: a hands-on relationship between the social enterprise or non-profit management and the venture philanthropist; use of a range of financing mechanisms; multi-year support; non-financial support; a focus on organizational capacity-building; and performance measurement.
