Other Group

European Venture Philanthropy Association

Website:

www.evpa.ngo/

Type:

Membership Organization

Founded:

2004

Executive Director:

Roberta Bosurgi

Location:

Brussels, Belgium

European Venture Philanthropy Association is a membership association comprised of organizations that practice venture philanthropy and social investment. Some of the organization’s members include the Bank of America Charitable Foundation, David Richards Kaplan Foundation, We Mean Business Coalition, and Rockefeller Philanthropy Advisors. [1]

The organization has been funded by the Catalytic Capital Consortium, an investment, market, and learning initiative created by the John D. and Catherine T. MacArthur Foundation, Rockefeller Foundation, and Omidyar Network. [2]

Background

The European Venture Philanthropy Association (EVPA) is a membership association comprised of organizations that practice venture philanthropy and social investment. EVPA is made up of approximately 320 member organizations from more than 30 countries including the United States. [3]

EVPA’s member organizations include social investors, grantmaking foundations, venture philanthropy funds, impact investing funds, private equity firms and professional service firms, banks, business schools, and philanthropic advisors. [4]

Donors

The Charles Stewart Mott Foundation is a left-of-center grant making foundation that funds organizations and communities in four strategic subject areas: local issues related to Flint, Michigan; civil society; education; and the environment. [5] The foundation gave EVPA $100,000 in 2016 and another $200,000 in 2017 for “introducing venture philanthropy in central and eastern Europe.” [6]

The Catalytic Capital Consortium is an investment, market, and learning initiative created by the John D. and Catherine T. MacArthur Foundation, Rockefeller Foundation, and Omidyar Network. These organizations are funding the initiative’s $10 million grant making program, which is administered at the New Venture Fund, a funding and fiscal sponsorship nonprofit that makes grants to left-of-center advocacy and organizing projects and provides incubation services for other left-of-center organizations. It is the largest of four nonprofits created and managed by Arabella Advisors, a Washington, D.C.-based philanthropy consulting company that caters to major foundations and organizations on the political Left. [7]

The Catalytic Capital Consortium provided more than $650,000 in grants to the European Venture Philanthropy Association, Asian Philanthropy Network, African Venture Philanthropy Alliance, and Latimpacto. [8]

Member Organizations

The European Venture Philanthropy Association is comprised of approximately 320 member organizations from more than 30 countries based in Europe, the United States, Asia, and the Middle East. [9]

Member organizations include Ashoka, an international organization that promotes social entrepreneurship by affiliating individual social entrepreneurs into the organization; the Bank of America Charitable Foundation, a foundation that is funded and operated by Bank of America, Inc.; Bertelsmann Foundation, an independent foundation under private law, based in Gutersloh, Germany; Co-Impact, a left-of-center grant making organization that is fiscally sponsored by  project of the left-leaning nonprofit group New Venture Fund, which is managed by Arabella Advisors; [10] David Richards Kaplan Foundation, a private operating foundation that funds upstart nonprofit organizations; King Baudouin Foundation, an international grantmaking foundation based in Brussels, Belgium that provides grants to left-of-center organizations, operates donor-advised funds, and allows such organizations to raise tax-deductible donations from foreign donors; [11] Rockefeller Philanthropy Advisors, one of the United States’ largest philanthropic organizations; The Lens, a nonprofit news organization based in Louisiana; and We Mean Business Coalition, a European-American coalition of advocacy groups that aims to get private business to take action on climate change and achieve net-zero carbon emissions and to push governments to adopt environmentalist policies. [12]

References

  1. “Members.” EVPA. Accessed November 7, 2022. https://www.evpa.ngo/members. ^
  2. [1] “Catalytic Capital Consortium Announces Grants for Impact Investing Networks Serving Latin America, Asia, Africa and Europe.” EVPA. May 24, 2022. Accessed November 7, 2022. https://www.evpa.ngo/insights/catalytic-capital-consortium-announces-grants-impact-investing-networks-serving-latin. ^
  3. [1] “About EVPA.” Collaborate for Impact. Accessed November 7, 2022. https://collaborate4impact.org/about-evpa/. ^
  4. “About EVPA.” Collaborate for Impact. Accessed November 7, 2022. https://collaborate4impact.org/about-evpa/. ^
  5. “What We Do.” Mott Foundation. Accessed November 7, 2022. https://www.mott.org/work/. ^
  6. “Grants Database.” Mott Foundation. Accessed November 7, 2022. https://www.mott.org/grants/?query=european+venture+philanthropy+association. ^
  7. “Catalytic Capital Consortium Announces Grants for Impact Investing Networks Serving Latin America, Asia, Africa and Europe.” EVPA. May 24, 2022. Accessed November 7, 2022. https://www.evpa.ngo/insights/catalytic-capital-consortium-announces-grants-impact-investing-networks-serving-latin. ^
  8. “Catalytic Capital Consortium Announces Grants for Impact Investing Networks Serving Latin America, Asia, Africa and Europe.” EVPA. May 24, 2022. Accessed November 7, 2022. https://www.evpa.ngo/insights/catalytic-capital-consortium-announces-grants-impact-investing-networks-serving-latin. ^
  9. “About EVPA.” Collaborate for Impact. Accessed November 7, 2022. https://collaborate4impact.org/about-evpa/. ^
  10. “Home.” Co-Impact. Accessed November 7, 2022. https://www.co-impact.org/. ^
  11. [1] “About KBFUS.” Accessed November 7, 2022. https://kbfus.org/about/. ^
  12. “Members.” EVPA. Accessed November 7, 2022. https://www.evpa.ngo/members. ^
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