April 6, 2000 | Read Time: 1 minute
Venture Philanthropy: Landscape and Expectations examines the benefits and the risks of applying investment-management practices to charitable giving. The Morino Institute, in Reston, Va., commissioned the Washington consulting firm Community Wealth Ventures to analyze efforts nationwide to create a “philanthropic marketplace” where the results of donations are scrutinized and tied to the probability of future donations. The report looks at the operations of three types of non-profit groups: foundations; “hybrids,” such as a group that recruits business executives to advise charities; and “social-venture funds” that use the venture-capital model for grant making and program evaluation. The report concludes that social-venture funds are “dynamic,” and that they may succeed “where the public sector can no longer be relied upon to take successful pilot programs to a national scale.” Publisher: Morino Institute, 11600 Sunrise Valley Drive, Suite 300, Reston, Va. 20191; (703) 620-8971; fax (703) 620-4102; 49 pages; available free online at http://www.communitywealth.com or http://www.youthsocialventures.org.
