Giving Compass' Take:
- Maya Winkelstein, CEO of Open Road Alliance, discusses how her organization leverages a hybrid philanthropic model to make over $50 million in grants and low-interest loans.
- How can other donors interested in social entrepreneurship adopt similar models that deviate from the standard?
- Read about how to bridge the gap for social entrepreneurs of color.
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In episode 30 of the Investing in Impact podcast, we speak with Maya Winkelstein, CEO of Open Road Alliance on using a hybrid philanthropic model to make over $50 million in grants and low-interest loans to organizations and companies across the impact sector.
Maya Winkelstein is the CEO of Open Road Alliance, a hybrid philanthropic and investment initiative focused on advancing solutions to Keep Impact on Track. In her role, she is responsible for the organization’s overall strategy and management of the global Open Road Alliance team.
Since its inception in 2012, Open Road has made over $50 million in grants and low-interest loans to organizations across the impact sector which have encountered unexpected roadblocks. Through this strategy, Open Road has kept over $411 million of impact on track across all sectors and geographies, for both registered nonprofits and for-profit social enterprises. The organization also conducts research and advocates for the adoption of long-term, system-wide risk management practices in the philanthropic sector.
Maya served as Open Road’s inaugural Executive Director, and previously worked as an Associate Director with the consulting firm williamsworks where her clients included the Eastern Congo Initiative, Nike Foundation, PATH, Tostan, and TOMS Shoes. Prior to williamsworks, she served in multiple roles across the nonprofit and government sectors focusing on program development, fundraising strategy, and corporate partnerships.
Read the full article about investing social entrepreneurs by Grant Trahant at Causeartist.