European venture philanthropy and social investment 2012/2013

This is the report of EVPA's third annual survey of European Venture Philanthropy and Social Investment. The purpose of the report is to provide independent data and raise awareness about European Venture Philanthropy & Social Investing ("VP/SI") so as to attract additional resources to the sector. The European venture philanthropy and social investment sector continues to grow. Support for the societal purpose organisations through the VP/SI method, continues to increase with over €2.5 billion invested since inception and average financial support per VPO increasing almost 20% to €6.2 million from 2011 to 2012. There is a trend towards more paid employees and pro-bono supporters, and less unpaid volunteers. The survey found that the total number of paid employees increased to 1054 people, from 753 last year, and the average staff size increased from 13 to 14 employees. The pool of volunteers decreased to 594 people from 634 and the pro-bono contributors increased to 884 people from 617. Traditionally VP/SI organisations have hired consulting services and pro-bono support from various types of organisations in their networks as well having a pool of volunteers. EVPA is committed to continue the research and promotion of best practice in the key components of the VP/SI model and reiterates the importance of a collaborative approach to developing the sector.