Sectorforce - Philanthropy

"Enough words have been exchanged; now at last, let me see some deeds. Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it."  (Goethe) 

Sectorforce advancs participatory grantmaking as a catalyst to establish focused and productive alliances among leaders in philanthropy,journalism, education, government and industry. The objective is to align and empower the philanthropic and nonprofit sectors to broaden the scope and impact of their collective service to low-and-moderate-income individuals in high-need neighborhoods. We are exploring the feasibility of Enterprise Capital to support the process and broaden the outcomes.       http://www.enterprisecapital.info 

Enterprise Capital is multi-year, flexible funding, paired with technical assistance and framed as “the marriage of finance, philanthropy, geography and technology". The process builds upon the practice of general operating grants and takes the process several steps forward by investing in net assets as a means to fund the entire enterprise—rather than a specific program or expense—and committing funding for multiple years. Enterprise Capital is grounded in an understanding of the fundamental rules of finance, which can drive financial strength and resilience in the nonprofit sector as powerfully as they do for private investors.   

Enterprise Capital empowers grantees to create sustainable financial models capable of advancing their missions. Trust-based Philanthropy is about redistributing power—systemically, organizationally, and interpersonally—in service of a healthier and more equitable nonprofit sector. On a practical level, this includes multi-year unrestricted funding, streamlined applications and reporting, and a commitment to building relationships based on transparency, dialogue, and mutual learning.

While each of these principles inform the design and implementation of enterprise capital funds, enterprise capital is explicit about the USE of flexible, multi-year funding. Enterprise capital bolsters the balance sheet and overall net asset position, providing funds—including cash—for investment, wherever the organization needs it. A strong balance sheet offers a stable framework for program expansion and innovation and it helps attract additional equity and debt investment from other lenders and investors.

In addition, the value of enterprise capital doesn’t rest solely on matching sources and uses of funds. Realizing the full value of funding also requires that sources and uses of capacity-building services closely match an organization’s needs, ambitions, and business model. The term “capacity-building” doesn’t suggest nonprofit-sector weakness or a lack of the human capital it needs to succeed. Rather, it underscores the importance of access to the right talent to support growth and solve the complex challenges inherent in ambitious visions. (Andrea Levere - Enterprise Capital Institute)

http://www.enterprisecapital.info/ideas/ 

https://possibilitylabs.org/partners/enterprise-capital-institute/Enterprise

https://fedcommunities.org/connecting-communities/presentation-archive/