Social Venture Philanthropy
Smile Foundation has evolved a working model Social Venture Philanthropy (SVP) which is based on the successful business model of “Venture Capital”.
Social Venture Philanthropy, the application of a hitherto successful business concept to the social and development sector: a concept which pertains to linking social investment strategies to charitable giving with a clear focus on achieving scalability and sustainability, creating a culture of leadership and excellence and inculcating a deep sense of accountability amongst the nonprofits.
Smile Foundation underscores the fact that helping is not simply a matter of dispersing money but of making a deep, long-term commitment and casting a hard eye on results. Under the Social Venture Philanthropy (SVP) model, Smile Foundation identifies handholds and builds capacities of genuine grassroots NGOs to achieve accountability, sustainability, scalability, leadership. Through the SVP model, Smile Foundation makes an effort to broad base investment in order to maximize its reach and optimize returns by approaching and strengthening a large number of like-minded individuals and organizations globally.
Smile Foundation provides seed money for launch of new projects, expansion of old projects, and also emphasizes on regular counseling, better productivity, efficiency enhancement and capacity building of grassroots NGO’s, communication and process of Good Governance.