New Profit, Inc.

Source: 
Harvard Business School

Date

2000

Case Study Sector

Management

Having founded what they called a "venture philanthropy" operated like a hybrid between a venture capital fund and a philanthropy, New Profit's organizers are confronted with two issues: 1) the role that "investors" would be asked to play in the organization, and 2) the way in which management tools such as the Balanced Scorecard could be put to work in the service of the philanthropy.
Learning objective: To explore the use of for-profit management techniques in not-for-profit endeavors.

Link

Keyword

  • Evaluation
  • Partnership
  • Strategy

Region

  • Northern America

Blog Posts

More on time, value, and time limits

April 3, 2017

A new report applies a theory of time and value in philanthropy to three real cases, to see how a foundation could decide whether to operate with a limited life, based on the amount and kind of value it hopes to create.

Events

Oct 05

Rip Rapson
President and CEO
The Kresge Foundation