Question

One of the distinct features of venture philanthropy is __________________, described as a focus on building the operational capacity and long-term viability of the organization, achieving greater social impact, and operational efficiency.

Answer 1

Answer: organizational capacity building

Explanation:

Venture philanthropy is a type of impact investment which takes techniques and concepts from business management and venture capital finance and then applies them in order to achieve philanthropic goals

Its distinct features include high engagement, tailored financing, non financial support, multiyear support, organizational capacity building and performance measurement.

Organizational capacity building is a charcteristics of venture philanthropists

that focus on building the operational capacity and the long-term viability of the organizations in portfolios, rather than the funding of individual projects or programs. It recognizes the importance of funding core operating costs in order to help the organizations achieve more social impact and operational efficiency.