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According to Nonprofit Quarterly, “… there’s no one definition or model for ‘venture philanthropy’ — nor is one needed, because it’s ‘more of a blanket term, an expression of a more purpose-, results- and responsibility-driven worldview’ many foundations now embrace.” At Make It Better, we’re proud to work closely with these types of nonprofits and organizations every day. Organizations that are tried and true through our previous partnerships include the Chicago Public Education Fund, A Better Chicago, Invest for Kids, the Y of Chicago, Multiple Myeloma Research Foundation and the Lefkofsky Family Foundation. These Chicago-based organizations have a strong vision and clearly articulated priorities.
The Susan Crown Exchange is “a social investment organization with a fresh approach to catalyzing change through philanthropy.” It explores how agency and resilience play a role in connecting others, and the organization focuses on social and emotional learning. Their mission is to drive social change, and they are so successful with what they set out to achieve.
The Keywell Foundation has backed the Change the World Social Entrepreneurs Competition, which awarded $1 million in cash prizes. Forbes spearheaded the competition, which focuses on ideas that have the potential to change the world. The completion, held in the fall of 2016, garnered more than 1,000 young entrepreneurs. Along with Brad Keywell, Ashton Kutcher also lent his hand to the competition, signing on to a three-year partnership to host for profit competitions for young social entrepreneurs.
Chicago Beyond focuses on scalability and partners with the University of Chicago on important research. Their mission statement reads, “We believe the young people of Chicago possess incredible potential. Chicago Beyond aims to help realize that potential.” They take a three-step approach, which consists of sourcing and supporting innovative programs that improve education and increase safety for young Chicgoans, investing in research and sparking further philanthropic and public investments that improve the lives of these young people.