venture philanthropy

Venture philanthropy is an approach that combines investment strategies from the business world with traditional charitable giving to support social causes. Instead of only donating money, venture philanthropists provide funding along with expertise and resources to help organizations become self-sustaining. This method aims for measurable social impact and often involves close collaboration with the organizations they support, similar to how venture capitalists work with startups. By focusing on long-term results and sustainability, venture philanthropy seeks to create meaningful change while promoting innovation in addressing social issues.