---
title: "Vital Signs #31: Venture Philanthropy - L3C/\"Compassionate Use\" Crowdfunding White Paper"
description: "Foundations are beginning to take larger stakes in start-ups. For instance: 
 
  The Michael J. Fox Foundation for Parkinson's Research  has poured"
---

# Vital Signs #31: Venture Philanthropy - L3C/"Compassionate Use" Crowdfunding White Paper

 Published by [ Scott Jordan ](https://www.sjordanassociates.com/blog/author/scott-jordan) on  Sat, Dec 15, 2012 @ 02:01 PM

#### Foundations are beginning to take larger stakes in start-ups. For instance:

- *The Michael J. Fox Foundation for Parkinson's Research* has poured $170MM into Parkinson's research, with $18.6MM into 39 industry-led projects
- *FasterCures*, a Maryland-based non-profit, has allocated over $500MM in foundation capital to emerging growth biotechnology companies

#### Read our white paper on venture philanthropy. If you're running an emerging growth healthcare company, learn how to:

- Identify and source capital from foundations interested in funding emerging growth healthcare companies via L3C and 501(c)3 platforms

#### Investors and foundation directors will learn how to:

- Leverage CrowdfundConnect's due dilgience (i.e., ranking of emerging growth healthcare companies by indication) to make the most impactful donations/investments
- Comply with IRS regulations pertaining to Program Related Investments (PRIs), and ensure IRS compliance for non-profits

Read the white paper “**Breathing Life Back Into Biotech: Crowdfunding and the Hybridization of Funding Mechanisms for Early Growth Companies**” by clicking on the Link below:

[http://crowdfunding.sjordanassociates.com/venture-philanthropy---new-funding-paradigmread-the-white-paper?utm_campaign=Crowdfunding&utm_source=website](https://crowdfunding.sjordanassociates.com/venture-philanthropy---new-funding-paradigmread-the-white-paper?utm_campaign=Crowdfunding&utm_source=website)&

 

Tags: [L3C Venture Philanthropy Crowdfunding](https://www.sjordanassociates.com/blog/topic/l3c-venture-philanthropy-crowdfunding)

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