As traditional research-and-development funding and early-stage investing have shifted, so has philanthropy's role in solving some of society's biggest problems. Philanthropy and private equity used to be separate worlds; now impact investing, or the notion of favoring social good over pure economic gain, is quickly becoming a buzzword, partly due to declining federal research dollars and traditional investors shifting away from "seed" investments.

Philanthropy: The New Risk Capital?
Linked Data show/hide