New approaches to funding not‐for‐profit organisations | Zendy

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New approaches to funding not‐for‐profit organisations

Author(s) -

Kingston John,

Bolton Margaret

Publication year - 2004

Publication title -

international journal of nonprofit and voluntary sector marketing

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.398

H-Index - 12

eISSN - 1479-103X

pISSN - 1465-4520

DOI - 10.1002/nvsm.238

Subject(s) - venture capital , relevance (law) , investment (military) , not for profit , finance , business , profit (economics) , government (linguistics) , social venture capital , economics , public economics , public relations , accounting , political science , microeconomics , linguistics , philosophy , politics , law

This paper seeks to record and to explain the enormous growth in interest over the last few years in the provision of loans and other investment to not‐for‐profit organisations. It argues that this funding development fills a gap in the market. It describes the following new approaches: social investment, the provision of ‘patient capital’, and an ‘investment’ or ‘venture philanthropy’ approach to grant making. The factors driving the growth in use of these approaches are examined and their relevance to fundraising charities considered. Finally, the paper discusses how key stakeholders including the government and charitable trusts are adapting to this new environment. Copyright © 2004 Henry Stewart Publications

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