Philanthropic Capital In Search Of Clarity

Law360, New York ( June 10, 2016, 4:18 PM EDT) -- The quickening pace of innovation both in the U.S. and abroad exerts tremendous pressures on government and markets to adapt. Old models of development strain to serve our voracious demand for change. Historically, philanthropic capital has played an important role in social innovation, perhaps more for its convening and adaptive power than the pure force of its limited investment alone. Optimizing innovation thus requires clear guidance to allow the nonprofit sector to invest with confidence....

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