In New Brand of Philanthropy, Nonprofits Invest in For-Profits

Philanthropy is taking its cues from Wall Street and Silicon Valley. The language of finance is so common that it is sometimes hard to tell the difference between an investment conference and a fund-raiser. Grants are referred to as investments, and public-private partnerships as innovations. Money used to buy vans, computers and buildings is called growth capital. NY Times

Published
Categorized as General

Leave a comment

Your email address will not be published. Required fields are marked *