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Models, metrics, and investment: mixing venture philanthropy and the arts
Thesis   Open access

Models, metrics, and investment: mixing venture philanthropy and the arts

Sean R. Legnini
Master of Science (M.S.), Drexel University
2014
DOI:
https://doi.org/10.17918/etd-6201
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Abstract

Philantropy Art programs Financing Arts--Management Nonprofit Organizations Strategic Planning
Venture Philanthropy is an emerging trend in charity that reflects the successes of the booming venture capital industry. It translates the entrepreneurial philosophies focused on business models and scale into the non-profit sector. This study uses interviews with local arts leaders and critical thought to determine whether venture philanthropy has value to the arts and if the arts have value to venture philanthropists. Overall, this study found that the venture philanthropy criteria of measurable metrics, sustainable business models, and mission centric return on investments does not always apply to the arts. In the end, the study shows that venture philanthropy is not all that different than traditional funding models and its relevance to the arts may not be necessary.

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