As they sift through their first round of education grant proposals this month, members of the Seattle - based
foundation Social Venture Partners won't be looking simply for causes that are worthy of their money.
Not exact matches
Saildrone started as a nonprofit endeavor with the Schmidts» philanthropic
foundation, but in August 2015, Jenkins decided to turn it into a for - profit
venture and raised $ 14 million from
venture capital firms
Social Capital, Lux Capital, and Capricorn Investment Group.
Frustrated by the traditional
foundation model in which programmatic impact is limited to the small grants budget, the
foundation's board agreed to invest some endowment assets in
ventures and funds that generated
social and environmental benefits along with attractive returns.
MissionPoint empowers a select group of families,
foundations and institutions to achieve
social change at scale while preserving rigorous financial oversight, with an extensive history of investing in and launching new impact - driven
ventures.
This
foundation's website says it is an «exclusive membership organization and platform for successful individuals» that aims to bring about «
social change» driven by
venture capital funding.
The
social venture company within the
foundation is moving fast on getting the first steps done; however, it won't have enough money to finish the project, and has conducted fundraising campaigns which have helped to support the preclinical studies that are paving the way for the first human trial.
But in terms of enduring investment value, perhaps Mr. Ruane's largest community - development
venture was the Carmel Hill Fund, a private
foundation he established in 1986 to support
social service, mental health, and education initiatives.
Foundations Life in Deep Ellum,
Social Venture Partners Dallas, Prokhorov Foundation, Icelandic Literature Center, The French American Cultural Exchange, Korean Literature Translation Institute, Brazilian National Library Foundation, Danish Arts Foundation, The Dutch Foundation for Literature