In 2000, Venture Philanthropy Partners (VPP) was created with two goals:
- Help great nonprofits leaders in the region grow to serve more children and youth in need more effectively; and
- Influence and inspire others with its unique philanthropic investing model.
Nine years after inception, we are gaining traction and producing results. We raised a fund of $31.4 million which was committed to twelve high-performing nonprofits in our first portfolio and will be making our first investments in the second portfolio in 2009.
VPP by the Numbers
- $31.4M raised in first fund
- $32M in additional funds leveraged: more than $1 for $1
- 12 nonprofits in first portfolio
- 29 new neighborhoods reached
- 10,029 more children and youth served