Edna McConnell Clark Foundation-Enabling a Performance Driven Philanthropic Capital Market Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

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The Edna McConnell Clark Foundation, focused on developing the organizational abilities of nonprofits that served the disadvantaged youth in America, has recently been named an intermediary in the federal government's new societal innovation fund (SIF), which is meant to bring together public-private funds to help expand powerful solutions across three issue areas: economic opportunity, healthy futures, and youth development. SIF intermediaries would be responsible for directing resources to advanced community-based nonprofit organizations that were seeing effects.

Edna McConnell Clark Foundation had long been an advocate of evidence-based grantmaking and liability and saw the absence of an efficient capital market in the nonprofit sector as a major impediment to funding increase, increasing scale, and developing the sustainability of successful nonprofit organizations. With its Growth Capital Aggregation Aviator (GCAP), Edna McConnell Clark Foundation had found positive effects in taking a "syndicate" approach to capital a select group of nonprofits. With it being named a SIF intermediary, Edna McConnell Clark was prepared to build on its GCAP experience and continue to evolve a model that would provide, at increased efficacy, growth capital for successful organizations. The foundation expected to build a capital aggregation approach that will serve as a model for philanthropy.

PUBLICATION DATE: July 28, 2011 PRODUCT #: 312006-PDF-ENG

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP