venture philanthropy

(VEN.chur fuh.LAN.thruh.pee)
n.
Philanthropy that uses the principles and techniques of venture capitalism.
venture philanthropist n.
venture philanthropic adj.
Example Citation:
Now, Myers, a general partner in the Mayfield Fund, a venture capital firm, is planning to do the same for charity — invest millions in people and concepts with potential, refine their strategies, link them to elite professional networks, and, he hopes, make them wildly successful.
His new line of work is called venture philanthropy.
— Karen Brandon, "Venture Capitalists Alter Face of Charity," Chicago Tribune, August 22, 1999
Earliest Citation:
Rockefeller Family Fund on Oct 21 says grants totaling $814,950 were made during '70 and '71 in what fund's pres D Rockefeller Jr terms 'venture philanthropy.'
The New York Times, October 22, 1972
Related Words: Category:

New words. 2013.

Look at other dictionaries:

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  • NewSchools Venture Fund — The NewSchools Venture Fund is a non profit venture philanthropy fund that invests in educational entrepreneurship projects at the K 12 levels in United States public schools. NewSchools offers expertise and administrative support as well funding …   Wikipedia

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  • strategic philanthropy — n. Corporate philanthropy that serves the interests of the corporation. strategic philanthropic adj. strategic philanthropist n. Example Citations: When Heinz Kerry assumed control of the various Heinz philanthropies, she did not simply step in… …   New words

  • FOUNDATIONS — The earliest period for which there are records of Jews having established foundations is the Middle Ages. In particular, Joseph Ephraim ha Levi of Ecija, Castile, is known to have endowed the school of the Jewish community in 1332. In the modern …   Encyclopedia of Judaism

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