venuture philanthropy puzzle pieces

Venture Philanthropy

In 1969, John D. Rockefeller III suggested private foundations could act as risk-takers.  He believed they should undertake “an adventurous approach to funding unpopular social causes,” which he described as venture philanthropy.

Today, venture philanthropy describes philanthropic models that go far beyond the writing of checks.  Instead, they often take a long-term view of what it...

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