Nonprofit GreenLight Cincinnati focuses on unique philanthropy model to fight poverty
Venture philanthropy may be an unfamiliar concept to many, but that will change as the GreenLight Fund brings its model to Cincinnati and starts working to solve problems around poverty.
The GreenLight Fund formed in Boston over a decade ago to apply venture capital principals to the nonprofit sector. The idea: Find organizations that are generating impact and results for chronic issues and expand its work into new markets through investment and advising. The model has proven so successful that the organization has expanded into five other cities, including Cincinnati.
Check out Soapbox Cincinnati’s coverage, explaining more about GreenLight Fund’s portfolio investments.