The Center for Social Entrepreneurship in Miami University's Farmer School of Business has received a $5,000 grant from The Corporation for National and Community Service, previously known as Learn and Serve America Higher Education.
The grant will be used for a class this semester that will take an innovative approach to philanthropy in order to create a new generation of student philanthropists.
Students will be engaging in ‘venture philanthropy’ – a venture capital-like approach to philanthropy characterized by the provision of skills or services in addition to financial resources. Students will be evaluating the earned-income strategies of local non-profits as well as earning service hours.
The grant illustrates an integrated partnership between the Center for Social Entrepreneurship and the office of community engagement.
The center will receive another $5,000 grant for the class in the fall. The Corporation is the nation’s largest grant maker supporting service and volunteering with programs including Senior Corps, AmeriCorps and Learn and Serve America.