8 Characteristics of Successful Venture Philanthropies

Publication date: 
March, 2014
Source(s): 
Organization for Economic Cooperation and Development (OECD)
The Rockefeller Foundation

The Rockefeller Foundation hosted the Organization for Economic Cooperation and Development (OECD) for the launch of a new study on venture philanthropy. Venture philanthropy is not a new concept. In fact, it’s been in use long enough—at least since the 1960s—that it has taken on multiple meanings, all of which are embraced by this new report. Rather than focus narrowly on venture philanthropy as market-driven investments that must create financial returns to be viewed as sustainable, the report takes a broader view of grantmaking and investment, one that deploys system-wide approaches, longer time-frames, higher levels of engagement, and rigorous but flexible forms of evaluation. Learn more about venture philanthropy by downloading the report below.