Vital Signs #31: Venture Philanthropy - L3C/"Compassionate Use" Crowdfunding White Paper
Published by
Scott Jordan
on
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: