Venture philanthropy and social entrepreneurship in community redevelopment

This article provides a case study of Tom Cousins, a social entrepreneur who used his own venture philanthropic investments and leveraged additional resources through extensive public‐private partnerships for the sole intent of redeveloping an area of disinvestment and poverty. In the process, Cousi...

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Bibliographic Details
Published in:Nonprofit management & leadership 2006-04, Vol.16 (3), p.345-368
Main Authors: Van Slyke, David M., Newman, Harvey K.
Format: Article
Language:English
Subjects:
Business organization
Case studies
Community
Community development
Cousins, Thomas G
Cousins, Tom
Entrepreneurship
Foundations
Georgia (U.S.A.)
Leadership
Non-governmental organizations
Poverty alleviation
Public private partnerships
Public-private partnership
Social entrepreneurship
U.S.A
Venture capital
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Summary:This article provides a case study of Tom Cousins, a social entrepreneur who used his own venture philanthropic investments and leveraged additional resources through extensive public‐private partnerships for the sole intent of redeveloping an area of disinvestment and poverty. In the process, Cousins also provided the visionary, strategic, and operational leadership often associated with the actions and responsibilities of a social entrepreneur. The limited research to date has investigated social entrepreneurship and venture philanthropy as separate and often unrelated concepts. In this study, we analyze the sustained and intensive involvement by Cousins and his foundations and the continued leadership provided in the creation of public‐private partnerships focused on the redevelopment of the East Lake area in Atlanta.
ISSN:1048-6682
1542-7854
DOI:10.1002/nml.111