Value-Added in Non-Financial Support: How Evaluations of Venture Philanthropy Practice of Impact Measurement Affect Its Diffusion

This paper investigates how evaluations of impact measurement practices within venture philanthropy affect its diffusion. It delves into the non-financial support provided by venture philanthropists and examines the role of robust impact assessment in legitimizing and spreading this approach. The research highlights the challenges and opportunities associated with effectively demonstrating the value-add of venture philanthropy, suggesting that clear and consistent evaluation methodologies are crucial for its wider adoption. Understanding these dynamics is essential for practitioners and policymakers aiming to enhance the effectiveness and reach of venture philanthropic models in addressing social challenges.