Philanthropy

The Helping Communities Work strategy incorporates diverse applications for Enterprise Capital (please review the links below) to enhance Trust-Based Philanthropy and Participatory Grantmaking. The plan cultivates a fertile landscape for the leveraging of public, private and philanthropic sector funding and investing in support of diverse social, economic and environmental goals and objectives. http://www.enterprisecapital.info/ideas/ 

https://possibilitylabs.org/partners/enterprise-capital-institute/Enterprise

https://fedcommunities.org/connecting-communities/presentation-archive/  

Enterprise Capital and Trust-based Philanthropy: Trust-based Philanthropy is about redistributing power—systemically, organizationally, and interpersonally—in service of a healthier and more equitable nonprofit sector. On a practical level, this includes multi-year unrestricted funding, streamlined applications and reporting, and a commitment to building relationships based on transparency, dialogue, and mutual learning. 

While each of these principles inform the design and implementation of enterprise capital funds, enterprise capital is explicit about the USE of flexible, multi-year funding. Enterprise capital bolsters the balance sheet and overall net asset position, providing funds—including cash—for investment, wherever the organization needs it. A strong balance sheet offers a stable framework for program expansion and innovation and it helps attract additional equity and debt investment from other lenders and investors.

In addition, the value of enterprise capital doesn’t rest solely on matching sources and uses of funds. Realizing the full value of funding also requires that sources and uses of capacity-building services closely match an organization’s needs, ambitions, and business model. The term “capacity-building” doesn’t suggest nonprofit-sector weakness or a lack of the human capital it needs to succeed. Rather, it underscores the importance of access to the right talent to support growth and solve the complex challenges inherent in ambitious visions. (Andrea Levere - Enterprise Capital Institute)