When Is It Time To Say Goodbye?: Exit Strategies And Venture Philanthropy Funds
This articles contends that traditional philanthropy already includes the notion of an exit strategy, i.e., grantmakers have no commitment to give past the end point of a grant and nonprofits need to find other means of support after that. The authors argue against this time-based exit strategy, exploring nine different types of exit strategies that VP funders can work toward in their relationships with their investees. They conclude that such a strategy is not a single event but a series of steps directed toward a long-term positive relationship.