Venture Philanthropy Definition
Understand the definition of venture philanthropy, how it applies venture capital to non-profits, and Bill Draper's role in social enterprise.
Chapter 1
Orchard filled valleys and early bets
Chapter 2
From Silicon Valley to the United Nations
Chapter 3
Venture philanthropy and a family legacy
Ch 3 · Venture philanthropy and a family legacy
diego The foundation expanded dramatically in 2010 when Robert S. Kaplan joined as co-chair to support global social entrepreneurs.
Fun Fact
Global pioneering: In 1994, Bill Draper co-founded Draper International, which became one of the very first venture capital funds to focus on private tech companies in India.
diego Bill Draper applied venture capital principles to charitable giving, co-founding the innovative Draper Richards Foundation in 2002.
Glossary
venture philanthropy (noun)
A charitable investment model that applies venture capital practices, such as financing and organizational guidance, to non-profit organizations. In 2002, Bill Draper co-founded the Draper Richards Kaplan Foundation to support social enterprises using this approach.
A charitable investment model that applies venture capital practices, such as financing and organizational guidance, to non-profit organizations. In 2002, Bill Draper co-founded the Draper Richards Kaplan Foundation to support social enterprises using this approach.
Quiz
In what year did Bill Draper pass away, marking the end of a legendary 98-year life of service and investing?
BETA
diego Spin the story wheel to discover how Bill Draper helped shape the venture capital industry.
Quiz
What was the initial funding amount, mostly contributed by Bill and Robin, used to start the Draper Richards Foundation in 2002?
Quiz
What is the name of the venture philanthropy foundation co-founded by Bill Draper and Robin Richards Donohoe in 2002?
Quiz
Which of Bill Draper's children became a famous venture capitalist known for early investments in Skype, Hotmail, and cryptocurrency?
Quiz
What was the name of the very first West Coast venture capital firm, co-founded by Bill Draper's father in 1959?
Quiz
Who joined Bill Draper and Robin Richards Donohoe in 2010 to co-chair their foundation and expand its global fundraising?
Quiz
In 1994, Bill Draper co-founded Draper International to focus venture capital investments on technology companies in which country?