A recognized social entrepreneur and thought-leader, Jeff is the Founding CEO of Venn Foundation, a nonprofit public charity on a mission to unleash the full power of a unique, but underused, philanthropic tool called Program-Related Investments (PRIs). PRIs are below-market investments primarily made to further a charitable impact.
Prior to launching Venn Foundation, Jeff first founded and directed Breakthrough Twin Cities, a nonprofit college access and teacher training program. He then invented and commercialized a hit educational party game that won the prestigious Mensa Select award and was licensed by Hasbro. Next, Jeff served as the Executive Director of an angel investor network; managed the University of Minnesota’s Discovery Capital program; and consulted for foundations making PRIs into social enterprises. Jeff has a Master of Business Administration and a Master of Public Policy from the University of Minnesota, and he played a leadership role in drafting and advocating for Minnesota's Public Benefit Corporation statute. He was recognized with the “40 Under 40” award by the Minneapolis / St. Paul Business Journal in 2015 and as "100 People to Know in 2020" by Twin Cities Business.
Wednesday, September 22, 2021
Explore how a powerful philanthropic tool called "Program-Related Investments" (PRIs) is helping more promising, early-stage healthcare technologies get to market. In this session, attendees will (1) get an introduction to PRIs and PRI syndication; (2) learn how the University of Minnesota is using PRIs in technology commercialization, especially in healthcare; (3) dive more deeply into one PRI anchored by Children's Cancer Research Fund to advance a University Osteosarcoma Prognostic Test; and (4) explore the broader potential for PRIs to revolutionize commercialization of rare disease therapies.