What is “engaged grantmaking” and is it different from Venture Philanthropy?
Many of those involved in what has been called Venture Philanthropy are realizing that in many ways “all” they are doing is becoming more connected — more engaged — to the work of the nonprofit sector. For some funders this means being involved in monthly meetings with investees, but for others it may manifest in other forms. In some ways, Venture Philanthropy is simply a subset or smaller component of the larger movement of philanthropy toward engaged grantmaking. As we move forward over coming years, it will be interesting to see how philanthropy continues to evolve in response to the many demands of the nonprofit sector as a whole.
