VPP is influencing the funding and philanthropic practices of others, starting with its own investor community.
- Over the life of the first portfolio, each dollar invested in nonprofits was leveraged more than 1:1, with $34M in additional funding raised and given to portfolio organizations.
- The over 70 families in VPP’s second fund are more diverse in age, geography and industry. National and local foundations and corporate sponsors are also supporters in this second round.
VPP’s approach and tools are used by others world-wide. Just a couple of examples:
- The Capacity Assessment Grid produced by McKinsey and VPP is one of the most frequently used tools in the field. It has been translated into 11 languages with roughly 150 organizations using it, including many foundations who use it with their grantees like Social Venture Partners, REDF, the Marguerite Casey Foundation, and more.
- The VPP model inspired philanthropists in the UK who have now gone on to found the European Venture Philanthropy Association, with more than 100 members in 26 countries.
- VPP's publication, Leap of Reason, is a leading resource in the field on outcomes management, and is being used by boards and organizations across the country and globally.
