Article Archives >> Ready Reference >> January 1998
Preview of Article:
Foundations May Be Source of Venture Capital
Their little-used power to make program related investments offers opportunity for creative financing of projects
Excerpt:
Because program related investments are complicated and
slightly riskier than a straight grant to a public charity, most private
foundations have been reluctant to get into the program related investment
business. But they have the power to do so, and that provides the creative
nonprofit entrepreneur with another opportunity to suggest ways a venturesome
foundation can support a charitable program.
Article Archives >> Ready Reference >> January 1998
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