Venturing into venture Philanthrophy

• Main Authors: Mettgenberg-Lemière, Martina, Teo, Kevin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Organization Development; Social Welfare
• Online Access: https://ink.library.smu.edu.sg/lien_research/158; https://ink.library.smu.edu.sg/context/lien_research/article/1158/viewcontent/venturing.pdf
• Institution: Singapore Management University

Grantmakers and social investors (funders) are successful only to the extent whereby their grantee or investee organisations— collectively known as social purpose organisations (SPOs)— achieve sustainable social impact. More often than not, we hear of SPOs caught in the daily grind of responding to urgent beneficiary needs, and not having the opportunity to introduce more effective practices. The foundation for sustainable social impact arises through engagement from grantmakers and social investors in capacity-building and impact assessment of the SPOs. Capacity-building and impact assessment are two key venture philanthropy (VP) practices. In the last year, the Asian Venture Philanthropy Network (AVPN) documented trends in these two areas, with the objectives of helping novices acquire best practices in a shorter time, and enabling seasoned practitioners to share their knowledge and develop new insights.