Maximizing the Value of Philanthropic Efforts through Planned Partnerships between the U.S. Government and Private Foundations. 2. Implementation

05/01/2009

Ashoka has supported more than 2,000 Fellows in over 60 countries. Ashoka classifies its support as personal or institutional. The most critical personal support is the stipend, start-up capital that allows Fellows to concentrate full-time on institutionalizing their innovative ideas and advancing their mission. Other personal support includes training, personal security, and mentoring. Similar to the venture capital model, Ashoka also provides institutional services. These services, available indefinitely to each Fellow, include collaboration with and advice from the Global Fellowship of more than 2,000 social entrepreneurs; management and strategic advice from a professional management company; communications advice from a communications firm; and legal advice from a law firm. Both the limited initial stipend and the lifetime services provided to Fellows are intended to promote sustainability.

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