VP [Venture Philanthropy] treats giving to public schooling as a “social investment” that like venture capital, must begin with a business plan, must involve quantitative measurement of efficacy, must be replicable to be “brought to scale”, and ideally will “leverage” public spending in ways compatible with the strategic donor. In the parlance of venture philanthropy grants are referred to as “investments”, donors are called “investors”, impact is renamed “social return”, evaluation becomes “performance measurement”, grant reviewing turns into “due diligence”, the grant list is renamed an “investment portfolio,” charter networks are referred to as “franchises” -- to name but some of the recasting of giving on investment. Within the view of venture philanthropy, donors are framed as both entrepreneurs and consumers while recipients are represented as investments.Like PP says, this does not sound like eduspeak to me either.
Update: Here is the full PDF of Saltman's snippet above.
