The U.S. Nonprofit Capital Market: An Introductory Overview of Developmental Stages, Investors and Funding Instruments
This article presents a basic framework for understanding the work of funders and practitioners, and the resources that connect the efforts of both. It uses as its basic frame of reference the for-profit capital market, drawing parallels and lessons from that comparison. It is an effort to help inform the thinking of those concerned with understanding the strategic use of philanthropic capital in the pursuit of charitable goals.
This article is made available as Chapter 10, on page 187, in Volume 2 (Investor Perspectives) of REDF Box Set: Social Purpose Enterprises and Venture Philanthropy in the New Millennium.