Startups in Philanthropy: A Private Equity Perspective
Monday, February 13 | 2:15pm - 3:05pm
Nonprofit organizations are experiencing increasing pressures to be more business-like and to focus on financial outcomes for sustainability and growth. There have been questions whether this attention on performance might come at the cost of serving an organization's mission. Some research indicates that a nonprofit organization's mission can facilitate innovation, which has been shown to be a key mediating step in achieving superior organizational performance. This panel will investigate the role of the nonprofit organization's mission in the innovation process while looking to discuss the ins and outs of starting up a charity or philanthropic foundation using business principles similar to that of a private equity firm, i.e., what are the best practices, what do you need to know, what kind of business plan and financials to consider, mission alignment, etc.
Senior VP and CFO, The Andrea and Charles Bronfman Philanthropies
Doug K Mellinger
Managing Director, Clarion Capital Partners
Co-founder and CEO, LAVAN
Executive Director, Slingshot