Sustaining 21$t-Century Nonprofit Organizations Through Social Venture Philanthropy

Venture philanthropy combines the principles of venture capital investment with traditional grant making. Although venture philanthropy currently repre-sents only a small share of total giving, it has the potential to significantly change nonprofit agencies. Venture philanthropists demand greater accountability and involvement with their beneficiaries. "/ / new wealth creates new philanthropy, then what does new philanthropy create?" This was the question asked by MarioMorino, chairman of Venture Philan-thropy Partners, and by Bill Shore, chair