SAN FRANCISCO, March 9 2023: — TechSoup, a global nonprofit organization and global network, recently formalized a partnership with the Asian Venture Philanthropy Network (AVPN) based in Singapore. The collaboration marks the bridging of a critical intersection of philanthropy and the non-profit sector in an increasingly challenging post-pandemic period.
A key feature of this partnership is AVPN’s use of TechSoup’s Global Validation Services. TechSoup offers a globally trusted vetting service used by hundreds of grantmakers to validate the eligibility of nonprofit organizations, and to date, has facilitated the vetting of more than 220,000 organizations across hundreds of different kinds of NGOs for the world’s largest and most respected philanthropic and socially responsible corporations. The utilization of this service will allow AVPN to validate the eligibility of nonprofit applicants for AVPN’s pooled philanthropic funds, providing a streamlined vetting service as AVPN continues to scale its philanthropic efforts.
In addition, TechSoup will support AVPN in its efforts to expand its trust-based philanthropy framework throughout Asia Pacific, so that it may serve a progressively diversified social impact landscape. Leading the partnership from TechSoup is Elizabeth Liew, Global Strategic Partnerships & Project Development Manager, who serves on the AVPN Philanthropic Funds Advisory Board, lending 17 years cross-sector experience to advance AVPN’s capital mobilization and funding strategies. “TechSoup is pleased to partner with AVPN and looks forward to supporting impact organizations and funders in various capacities,” she said.
“With our strategic alignment and mutual intent to increase access to funding for small to medium-sized impact organizations, we are confident the partnership will continue to expand trust-based philanthropy in Asia-Pacific,” she added.
This partnership also welcomes TechSoup as AVPN’s newest addition to AVPN’s 600+ member network, comprising a diverse group of social impact investors, global foundations, family foundations, private equity ventures, government entities, and bilateral agencies who are invested in transforming the social impact landscape in Asia-Pacific. Through this partnership, TechSoup and AVPN are aiming to address funding gaps faced by impact organizations across Asia and thereby mobilize more capital towards achieving the Sustainable Development Goals.
AVPN is the world’s largest network of Social Investors in Asia, with over 600+ diverse members across 33 markets. Their mission is to close the SDG gaps in Asia, by enabling their members to increase the flow of financial, human, and intellectual capital towards impact. Through sharing knowledge and innovating collaborations between policy makers, family offices, foundations, and the private sector, AVPN improves the effectiveness of capital deployed; bringing to bear the local field needs, regional expertise, and policy insights.