Report Looks at Risks and Rewards of Venture Philanthropy

Venture Philanthropy: Landscape and Expectations examines the benefits and the risks of applying investment-management practices to charitable giving. The Morino Institute, in Reston, Va., commissioned the Washington consulting firm Community Wealth Ventures to analyze efforts nationwide to create a "philanthropic marketplace" where the results of donations are scrutinized and tied to the probability of future donations. The report looks at the operations of

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