Venture philanthropy definition

venture philanthropy
(ˈvɛnʧə fɪˈlænθrəpi)

A high-engagement and long-term approach to generating societal impact through three core practices: tailored financing ; added-value support services to strengthen their organisational resilience and financial sustainability and impact measurement and management.

Source: European Venture Philanthropy Association (2016) A practical guide to venture philanthropy and social impact investment

You might also like:

Subscribe to Social Innovation Academy updates

The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsi­ble for any use which may be made of the information contained therein.

Share This