Case Study of a Venture Philanthropy Partnership: Setting the Scene

Alliance Magazine



Case Study Sector


In September 2005, Impetus Trust, the UK’s first venture philanthropy fund, and CAF (Charities Aid Foundation) launched a pioneering investment collaboration. This was Impetus’s fifth investment but their first co-investment. It was CAF’s first collaboration with another funder through their Collaborative Fund.
The organization selected to invest in was Naz Project London (NPL), which provides sexual health and HIV prevention and support services to Black and minority ethnic communities. NPL will receive a total of £275,000 core funding over four years, but what else will it receive in the way of support? What does a venture philanthropy investment really offer a charity? This article is the first in a series of three projected articles that will track the relationship between NPL on the one hand and Impetus and CAF on the other.
See also the case study titled "Balancing on a Wobble Board."



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