From Philanthropy to Philanthrocapitalism: Impact Investing with Non-Profits​

About this Course

The concept of philanthrocapitalism remains poorly understood. In this course, Antony Bugg-Levine (CEO of the Nonprofit Finance Fund), walks us through how investors can reconcile a for-profit approach with the needs and mission of non-profit organizations. Understanding philanthrocapitalism can be valuable to practitioners who want to invest and develop the communities that need the most support. This course provides an overview of the world of non-profits and how they can be best supported to tackle global issues through an organized and measurable approach. By the end of the course, you will have a better understanding of the intersection of impact investing and non-profit organizations, and how the first can support the latter.


Co-Founder and Board Member, The Global Impact Investing Network

Learning Outcomes

  • Understand how non-profit organizations finance themselves versus for-profit companies
  • Learn how impact investing can support non-profit organizations
  • Walk through a case study of the Nonprofit Finance Fund’s (NFF) resilience through the COVID-19 pandemic


  • Module 1: How do Impact Investors work with Nonprofits?
  • Module 2: Understanding Impact Investors
  • Module 3: Case Study

IIX Impact Institute Certificate

Achieve a passing grade of 70% or higher on the final exams to earn your e-certificate for completing the course. Share your accomplishment with your network!

Frequently Asked Questions

You will have 90-days of access to each course. All of our courses are self-paced. Within the 90-day period, you have full control over how quickly you want to learn or how many times you want to revisit a certain lecture or reading, even after completing all modules. 

Upon completing all modules (clicking “Mark Complete” after every module), you must complete the final quiz with a minimum score of 70% to earn a digital credential from IIX Institute. Once these conditions are met, our team will send you instructions to access your digital credential to your IIX Institute registered e-mail.

No. Your 90-day access includes the chance to retake your final quiz as many times as you need within that period. You do not have to repurchase the course or start the materials all over again!

Regardless of your current profession or experience in the impact space, you will always have a seat in the IIX Institute classroom. We encourage learners new to the field to start with courses listed under our “For Beginners” learning path. 

To see our courses organized by topics, you can use the search and filter options in the Course Catalog page, or Explore Courses dropdown menu. Each course has a short description and summary of the learning objectives to provide visibility into the main topics and themes.

However, we are always striving to meet the needs of impact professionals, so if you have an idea for a topic you want to share with us, we encourage you to reach out at!

Yes! We have created customized trainings for a wide array of organizations, tailoring the content and instructors to each organization’s region, unique  challenges, and opportunities. To inquire more about corporate trainings with the IIX Institute, please send us an email at with the subject “Inquiry: Corporate Training”.