New National Community of Philanthropic Funders, Practitioners to Promote Expansion of Effective Social Programs

S. Robert Levine, M.D., chairman and co-founder of GPN, said The Exchange was designed in response to the report’s findings that show a national marketplace “is needed to fund large-scale expansions of top-performing programs and that for the marketplace to thrive six key elements must work in concert." They include:
1. Investment standards, transparent information and performance reporting.
2. A collaborative financing process that includes individuals, foundations, grants and debt.
3. Sufficient “deal flow,” a pool of high-impact nonprofits to demonstrate how a marketplace works.
4. Large-scale distribution to donors and a broad diversified national network of growth funders.
5. A network of expert intermediaries that aggregate growth capital for qualified scaling initiatives.
6. A focal point for shared learning, knowledge development and collective funding of high-impact growth initiatives.