The author explores the differences between venture philanthropy and traditional grant making, and discusses how venture philanthropy can work in the Jewish nonprofit context. Venture philanthropy combines the principles of venture capital investment with traditional grant making, the author explains. Although venture philanthropy currently represents only a small share of total giving, he contends that it has the potential to significantly change nonprofit agencies, because venture philanthropists demand greater accountability and involvement with their beneficiaries.
Romirowsky, Reuben. A Venture Worth Taking? Sustaining 21st-Century Nonprofit Organizations Through Social Venture Philanthropy. Journal of Jewish Communal Service. Jewish Communal Service Association of North America (JCSA). Spring 2007: