On April 1, 2021, the Yale School of Management hosted Andrea Levere and Paul Bradley, President of ROC USA, to discuss the role of enterprise capital plays in financing nonprofit organizations to build, rather than detract from, organizational capacity and impact.
INTRO TO ENTERPRISE CAPITAL
YALE PHILANTHROPY CONFERENCE
At the 2021 Yale Philanthropy Conference, Blueprint lead author Andrea Levere moderated “Building 21st-Century Nonprofit Capital Markets: Scaling Enterprise
Capital,” a panel that brought together nonprofit CEOs, a foundation executive, and a Yale finance professor to frame
a new vision for nonprofit capital markets. The five Blueprint
co-authors led a discussion on building the social sector’s resilience and investing in organizations led by or serving communities of the color.
“Investors Trust the Companies
They Support. Here’s How Grant MakersCan Do the Same.”
The result is a kind of “reverse engineering” in which grantees reconstruct their operations and program offerings to align with funding requirements —
rather their own missions.
for these times
We should also celebrate philanthropic innovations that provide tools such as ... “philanthropic equity” or operating funding that invests in a business strategy designed to generate revenue for an organization over the longer-term, in contrast to funding the operating costs of specific program or service.
Bringing 21st century innovation
to a 17th century discovery”
...most sources of funds
have few accountability mechanisms besides a payout percentage and general board oversight, which means capital can be delivered in ways that are lumpy, unpredictable or unexpected.