Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Finance, Philanthropy, Social Innovation

Venture Philanthropy Fund Launches in Queensland


Wednesday, 21st October 2015 at 9:53 am
Ellie Cooper, Journalist
A new venture philanthropy fund in Queensland, managed by Social Ventures Australia, will connect philanthropists with high-impact portfolios to local for-purpose organisations that are tackling pressing social issues.

Wednesday, 21st October 2015
at 9:53 am
Ellie Cooper, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Venture Philanthropy Fund Launches in Queensland
Wednesday, 21st October 2015 at 9:53 am

A new venture philanthropy fund in Queensland, managed by Social Ventures Australia, will connect philanthropists with high-impact portfolios to local for-purpose organisations that are tackling pressing social issues.

Social Ventures Australia (SVA) Queensland Director, Mark Herbertt, said the State has an increasing number of social initiatives looking to achieve financial sustainability or grow their impact.

“We have strong relationships with social purpose organisations in Queensland and have helped outstanding initiatives like QUT’s Exceptional Teachers for Disadvantaged Schools program grow to become a national program reaching students across the country,” Herbertt said.

“This fund is designed to help great organisations access the financial and business support they need to grow the impact of what they are doing, as well as to help philanthropists identify high-impact organisations that can make a big difference to the Queensland community.”

He said the Queensland venture philanthropy fund will select ventures that are in a position to benefit most from SVA’s support, and who share a commitment to building an evidence base to achieve meaningful social impact.

The selected organisations will receive a combination of funding and capacity building support, including advice on business strategy, measurement and evaluation of impact, and opportunities to access new supporter networks.

SVA has run venture philanthropy initiatives in Australia over the past decade, and the funds have assisted organisations, including the Australian Indigenous Mentoring Experience, Career Trackers and Beacon Foundation.

At the launch of the fund, SVA invited expressions of interest from philanthropists and businesses who can offer services, office space or mentorship to the selected ventures.

An advisory committee of Queensland stakeholders will be established to provide guidance to the fund.


Ellie Cooper  |  Journalist  |  @ProBonoNews

Ellie Cooper is a journalist covering the social sector.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Challenges Within ‘Global Overhaul’ of the Economy

Maggie Coggan

Thursday, 20th September 2018 at 8:39 am

The NDIS: Why ‘Customer-Centricity’ Counts

Diana Ferner

Tuesday, 10th July 2018 at 3:21 pm

Social Investing for NFPs – Getting ‘Investment Ready’

Kyrn Stevens

Thursday, 7th June 2018 at 8:49 am

Targeted Capacity Building: The Key to Unlocking Maximum Social Impact

Gillian Turnbull

Thursday, 3rd May 2018 at 8:22 am

POPULAR

NDIS Service Providers Cautious Over Complex Needs Pricing Shake-Up

Maggie Coggan

Monday, 10th December 2018 at 5:11 pm

Australians With Disability Twice as Likely to be Evicted Without Cause

Luke Michael

Wednesday, 5th December 2018 at 5:29 pm

Putting Disability and Leadership in the Same Sentence

Maggie Coggan

Monday, 3rd December 2018 at 8:56 am

Glyn Davis Confirmed as New Head of the Ramsay Foundation

Maggie Coggan

Wednesday, 5th December 2018 at 6:00 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!