Tuesday, April 20, 2010

A new method of funding - Third Sector

A new method of funding - Third Sector: "The Impetus Trust is promoting 'venture philanthropy' as a funding model.

While many venture capitalists have been struggling since the credit crunch, one charity that adopts a 'venture philanthropy' approach to its investment is reporting impressive results.

The Impetus Trust was founded in 2002, inspired by the emerging venture philanthropy movement in the US. Unlike traditional grant-making, which focuses on funding projects, venture philanthropy is about taking a holistic view of the charities or social enterprises being funded."

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