1. Where is the capital? INVESTMENT PHILANTHROPY LGT Venture Philanthropy
Global Assets Under Management:
US$ 53 Trillion
Environmental, Social and Governance Focus:
US$ 20 Trillion
Socially Responsible Investing:
US$ 7 Trillion
Impact Investing: US$ 1 Trillion
U.S. Philanthropic Giving US$ 310 Billion
INVESTMENT
PHILANTHROPY
Sources: BCG asset management industry survey (July 2010)
United Nations Principles for Responsible Investment
J.P. Morgan: Impact Investments: An Emerging Asset Class (November 2010)
Monitor Institute: Investing for Social and Environmental Impact (2009)
Financial Times ”Global managed assets rebound” (2011)

2. LGT Venture Philanthropy
Differentiating between Traditional Charity, Venture Philanthropy and Impact Investing?
High social return
Traditional Charity
Venture Philanthropy
Impact Investing
Negative financial return
Positive financial return
- 100%
+20 %
Low social return

3. Where are the investments?
LGT Venture Philanthropy
Where are the investments?
Nonprofit Structure
Nonprofit
Nonprofit with income
Social Enterprise
Business with CSR
Business
For-Profit Structure
Social Returns
Financial Returns
Philanthropic Capital
Commercial Capital
Traditional Philanthropy
Venture Philanthropy
Community Debt Financing
Angel Investors & Social Venture Capital
Socially Responsible Investment
Traditional Capital
Source: Jed Emerson “The Blended Value Proposition: Integrating Social and Financial Returns”, 2003
Guide to Financing for Social Enterprise, Small Business BC,; 2003
Community Development Investment Review 5.2 (2009)