A new way for philanthropy to combine its resources and achieve exponentially more impact.
The Social Impact Exchange Scaling Marketplace is a philanthropic initiative where funders are joining forces to support nonprofits that are bringing our most promising strategies to scale. The marketplace enables funders across the country to easily connect to evidence-based, game-changing nonprofits with the potential to have a major impact in education, health, and poverty alleviation. These nonprofits are pursuing active growth capital campaigns and have already received a portion of their total raise from “lead” foundation funders in their fields. The Exchange’s Scaling Marketplace is an efficient, user-friendly way for thousands of funders to review and co-fund scaling opportunities that fit within their funding areas and have been pre-vetted by others. The initiative is spearheaded by the Social Impact Exchange’s Working Groups - funder collaboratives dedicated to identifying, funding, and sharing well-vetted scaling investments with the potential for significant impact.
The Scaling Marketplace is an initiative of the Social Impact Exchange (the “Exchange”). The Exchange is a national membership association dedicated to working with funders to build a marketplace that efficiently delivers capital to the most effective nonprofits, so they can spread their impact and improve the lives of millions. By creating standards to evaluate impact, identifying and tracking highly effective nonprofits, and fostering significant collaborative funding to scale up top social interventions, the Exchange helps foundations, donors, business, and government increase the power of giving to achieve greater social good. The Exchange was established in 2009 with funding from the Robert Wood Johnson Foundation and Rockefeller Foundation, and currently has nearly 5,000 members. To learn more, visit www.socialimpactexchange.org.
Read the press release about the launch of the Scaling Marketplace here.