The Venture Philanthropy Experience
2 April 2001 at 1:04 pm
There are new kinds of people participating in philanthropy and Australian Not for Profits need to deal with them in new ways. That’s the advice from American fund-raising professional Marianne Briscoe.
Briscoe describes the new crop of philanthropists as those who have earned their money rapidly and generally at a young age and have created their own model of giving based on the only models they know, which are venture capitalists and start-up dot com companies.
Briscoe who founded Hayes Briscoe Associates in the US in 1994 will be in Australia in May and says if Not for Profits here wish to get money from this new group of philanthropists they need to understand their models and work with them.
Marianne Briscoe has more than 20 years experience as an administrator in the sector and will be in Australia at the invitation of Positive Outcomes to conduct group workshops in Sydney and Melbourne and a limited number of one-to-one consultations.
She has already taught philanthropy in Indonesia and Chile and in Malaysia through the Harvard Business School.
The work shops will deal with preparing for the new models of venture philanthropy and how to approach these new donors.
Marianne Briscoe offers some early hints on the new approach and the venture philanthropy experience as compared to dealing with traditional philanthropists.
She points to their dislike of meetings or joining ‘committees’, their love of ‘due diligence’; looking at budgets and determining the quality of leadership in an organisation, and their desire to get involved and urge to move fast!
Anthony Lupi from Positive Outcomes says as we move into the new millennium, surrounded by new paradigms of service delivery, partnerships and collaborative efforts, Not for Profits have to be prepared or they will be left behind.
He says Marianne Briscoe’s visit provides a tremendous opportunity to hear about these new models from one of America’s most experienced fundraisers.
For more information and a registration form contact us here at Pro Bono Australia via e-mail to probono@probonoaustralia.com.au.
Positive Outcomes can be contacted via e-mail at alupi@positiveoutcomes.com.au.
