What Is Venture Philanthropy?
Venture Philanthropy originated in Europe and America. It is a new type of charity partnership and charity investment model. The long-term and participatory nature of cooperation between funders and charitable organizations is an important feature of "philanthropy." It is no longer a simple donation relationship with the funded party. What is more important is to establish a long-term and in-depth partnership with the investee. This partnership brings about a win-win situation for both parties: the faster the partner can grow, the more effectively the funder can achieve the social goals originally set [1] .
Philanthropy
- In addition to funding, it also provides management and technical support. Through the establishment of long-term partnerships with investees, the purpose of promoting capacity building and model innovation is achieved. It can be seen that philanthropy is a venture capital investment in the philanthropy field. Its investment subject injects capital into non-profit organizations in the process of entrepreneurship, helps them succeed in entrepreneurship, and indirectly helps solve social problems through investment. The operation mode of venture capital philanthropy is similar to that of commercial investment. The difference between it and business investment lies in the non-profit nature of its investment objectives: venture capital philanthropy is not required.
Non-profit venture capital service project for the old
- Provide day care and home care services for the elderly such as disability, cleanliness, bathing, walking, medical assistance, and emergency assistance; pairing care and psychological care for single and purely old families; health intervention and health promotion for the elderly Rights protection and cultural activities for the elderly, and other services that meet the actual needs of the elderly in the community and improve the quality of life [2] .
Non- profit venture capital assistance project
- Rehabilitation of the disabled; skills training and employment; social integration; family support for the disabled; construction of cultural and entertainment team for the disabled [2]
Non-profit venture capital youth service project
- Care for orphans and disabled children; community youth volunteer services; community youth help teaching; extra-curricular education; help and help for children of migrant workers [2] .
Public Welfare Venture Capital Relief Service Project
- Charity assistance for homeless beggars; assistance for poor families with expenditures; provision of comprehensive assistance and volunteer services for households with living difficulties [2] .
Other venture service projects
- Other services are conducive to promoting the spirit of volunteers and maintaining community stability and social harmony [2] .