Q. What is the impact of ‘venture’ philanthropy on established organizations including ‘umbrella’ fund institutions such as United Way and Jewish Federations?

A. Venture philanthropy—in this context, as practiced by “giving circles”—is one of the newer buzzwords in the millenia-old field of philanthropy. In certain circumstances, venture philanthropy is used to describe pooled funds—representing the joint philanthropy of like-minded individuals—that … [Read more...]