Brits’ philanthropy model could pay dividends for San Diego

Barbara and I have just returned from Israel, and while I am there for you, Bibi, it is true that we were not asked to assist in the peace talks.

Sir Ronald Cohen

We were there as part of a conference on philanthropy, and we would like to share one idea suggested by Sir Ronald Cohen, known as the father of European venture capital, who has turned his entrepreneurial skills to the social enterprise sector.

In 2007, he co-founded Social Finance U.K., a British organization that has developed a financial instrument that pays investors a return based on measured improvement in a particular social issue. What is extraordinary is how it is constructed and how it calculates its return on investment.

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