Vital Signs #31: Venture Philanthropy - L3C/"Compassionate Use" Crowdfunding White Paper

Foundations are beginning to take larger stakes in start-ups. For instance:

  • The Michael J. Fox Foundation for Parkinson's Research has poured $170MM into Parkinson's research, with $18.6MM into 39 industry-led projects
  • FasterCures, a Maryland-based non-profit, has allocated over $500MM in foundation capital to emerging growth biotechnology companies

Read our white paper on venture philanthropy. If you're running an emerging growth healthcare company, learn how to:

  • Identify and source capital from foundations interested in funding emerging growth healthcare companies via L3C and 501(c)3 platforms

Investors and foundation directors will learn how to:

  • Leverage CrowdfundConnect's due dilgience (i.e., ranking of emerging growth healthcare companies by indication) to make the most impactful donations/investments
  • Comply with IRS regulations pertaining to Program Related Investments (PRIs), and ensure IRS compliance for non-profits

Read the white paper “Breathing Life Back Into Biotech: Crowdfunding and the Hybridization of Funding Mechanisms for Early Growth Companies” by clicking on the Link below:

http://crowdfunding.sjordanassociates.com/venture-philanthropy---new-funding-paradigmread-the-white-paper?utm_campaign=Crowdfunding&utm_source=website&

 

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