The philanthropy spectrum has broadened considerably over the last decade, encompassing investment principles and more business-style apporaches to addressing social ills. Here we feature new trends in philanthropy and provide links to news stories on latest developments.
There has been much activity in British philanthropy since Philanthropy UK was founded in 2001: budding interest by individuals has been matched by a growing philanthropy infrastructure to support their giving. There also is more media coverage of philanthropy, and in 2005 Government renewed its commitment to supporting charitable giving, laying out its vision and priorities in A Generous Society.
Venture philanthropy (VP) is an approach to charitable giving that applies venture capital investment principles – such as long-term investment and capacity-building support – to the voluntary and community sector. It is a form of ‘engaged’ philanthropy.
