Philanthropreneur

[2] Philanthropreneurship is often considered the start of a new era in philanthropy, characterized by the development of the philanthropist's role and the integration of business practices.

In philanthropreneurship, prosperous ventures require the establishment of recurring income as a means of avoiding depletion of funds and ultimately preventing the organization's dissolution.

[6] Philanthropic buying has a limited reach, which is why philanthropreneurs do not dispose of surplus funds, but tailor investments by actively leveraging their class advantages like wealth, time, business expertise, networks, and reputation.

Philanthropreneurship is now supported by emerging new business models and legislation including low-profit limited liability companies (L3Cs), created by a tax attorney experienced in entrepreneurial finance named Marc J.

[9] From an ethical context, many critics argue that the incorporation of a business model commercializes the nonprofit sector and further increases the risk of distorting the organization's mission and principles, alienating the very people it would help.

[4] In philanthropreneurship, a dependency on traditional fundraising has been a strong predictor of failure, which is why the need to diversify income sources was introduced through the concept of philanthro-capitalism.