Venture philanthropy
Glossary item: Venture philanthropy - Definition
An approach to charitable giving that applies venture capital investment principles – such as long-term investment and hands-on support – to the citizen sector. Its key characteristics are high engagement; tailored financing; multi-year support; the provision of non-financial support, such as strategic planning advice, executive coaching and access to other networks; organisational capacity building; and performance measurement (European Venture Philanthropy Association definition). See the chapter in A Guide to Giving.
