At PVF, we believe philanthropy is more than just dollars.
We believe in being as helpful as we can in all the ways that we can. We invest our advice, experience and time to emerging leaders and fresh ideas without expecting anything in return.
We met Dan Hill and Michelle Rittenhouse back in May of 2018. They were all-star Airbnb employees with an undeniable track record of success. But they wanted to do more. They dreamed about leaving their established careers to build a new kind of platform for their peers who have the desire, but don't know how to get started on their philanthropic journeys.
We offered counsel and advice not just about the non-profit world, but also on their product design, how to launch a startup and founder leadership.
Fast forward to a year later, ALMA has grown
dramatically to 6,800 members and distributed over $600K in grants to more than 78 non-profits. Their success rests on clear product vision, crisp execution and mature leadership.
Contributing to these key success factors are just as important as the philanthropic dollars and PVF is privileged to work with leaders like Dan and Michelle and pay forward and be at the forefront of the ever evolving philanthropic ecosystem.
It also embodies the PVF 'radical
collaboration' approach to philanthropy. You don't often see VC's, non-profits, impact startups, advocacy groups, and foundations gathered around the same table in an open peer discussion about how best to take the next concrete steps.
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Philanthropic Ventures Foundation doesn't just do grantmaking. Behind the scenes we do a considerable amount of bringing people together and as a result, some significant things happen.
We come up with ideas for programs, like the two philanthropic fellowships at Stanford University: the Sand Hill Fellowship and the
Tom Ford Fellowship. The Sand Hill Fellowship is for nine weeks during the summer and places five students with Bay Area foundations full-time, with a $6,500 stipend for each student. The Tom Ford Fellowship is full-time for 11 months and has a $35,000 stipend.
Over 140 students have participated in these programs, which were designed to bring more young people into the philanthropic field and to date 10 students are working full-time in philanthropy.
The student fellows get a full-rich experience in philanthropy and, in some cases, international travel is involved.
"Engaging in philanthropy has introduced me to the nonprofit sector in a way that I could not have obtained in other places. It's
given me a nuanced perspective about different approaches to social change and how movements are built or sustained. It's been such an extraordinary opportunity to work on the issues I care about and I wouldn't trade this experience for anything else."
The entire program is now sponsored and staffed by the Haas Center for Public Service and has been funded by the Sand Hill Foundation for the last 18 years.
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