Venture philanthropy around the world
Impetus-PEF is the pioneer of venture philanthropy in the UK. We maintain contact with a number of other leading venture philanthropy organisations across the world.
Venture philanthropy (VP) takes concepts and techniques from venture capital and applies them to achieving a social, rather than a financial, return. VP takes a high-engagement approach and is characterised by the investee receiving management support and specialist expertise, as well as financial resources.
VP organisations tend to take a longer term view than traditional philanthropists do: funding commitments will often be made on a multi-year basis, typically from three to seven years. VP organisations usually focus on measurable outcomes: donors and investees assess progress based on mutually agreed benchmarks.
Impetus-PEF is an active and long-standing member of the European Venture Philanthropy Association (EVPA) – a network of European social investors, venture philanthropists and foundations committed to using VP and social investment tools to target social impact. Additionally, Asia is currently one of the fastest international growth markets for venture philanthropy, and we maintain close ties with colleagues in the Asian Venture Philanthropy Network (AVPN).
We are also part of a ‘best practice’ alliance with three other leading VP organisations, based in North America and in Australasia. They are: