In The News
“Growing Opportunity: How a Capacity Building Partnership Is Blooming in Chicago’s South Side”
Philanthropy Daily, Maria D'Anselmi, 2024
A grant from Levine Impact Lab is helping Southside Blooms expand its work bringing hope and healing to places plagued by violence and poverty.
Neither Peter Levine nor his brother Gary had nonprofit experience when they ventured into philanthropy. However, their partnership with Southside Blooms is just one example of how their 20+ years of experience in venture capital have helped the groups they fund in more than just financial ways.
“Positive Perspectives on Partnerships”
Chani Krech, LIL’s summer 2024 MBA Consulting Intern, reflects on her internship experience.
“As a financial and business management consultant, I was responsible for creating financial and budget models to support the strategic planning of two grassroots nonprofit organizations (grant partners). During my internship, I experienced significant professional growth. Seeing the practical application of the theoretical knowledge I gained from my MBA program allowed me to bridge the gap between . . .”
“Merging Trust-Based Philanthropy and VC-Style Support to Help Communities Bloom”
Inside Philanthropy, Wendy Paris, 2024
Peter Levine, a venture capitalist, partnered with climber Alex Honnold to launch the Levine Impact Lab (LIL) in 2023, providing funding and venture-capital-style support to grassroots climate-focused nonprofits. The Lab, which blends philanthropy with a startup incubator model, also draws on Levine’s VC network to offer mentorship and resources, driving significant growth and impact for its grantees.
“Famed A16Z VC Peter Levine has donated $5 million to bring startup and company building to climate non-profits”
Business Insider, Julie Bort, 2022
After recovering from a cancer battle, Peter Levine, a general partner at Andreessen Horowitz, has shifted his business focus towards philanthropy. He launched the Levine Impact Lab in partnership with the Honnold Foundation, bringing Silicon Valley startup expertise to non-profits, especially those working in the environmental justice and sustainability fields. The initiative provides training and resources to selected non-profits, with plans to expand in the next few years.
“Why venture capitalists should invest in nonprofits the same way we support tech startups”
Fast Company, Peter Levine, 2022
Peter Levine and Alex Honnold have launched the Levine Impact Lab to bring Silicon Valley's venture capital model to grassroots climate-focused nonprofits. The Lab provides selected organizations with funding, mentorship, and resources to help them scale their impact, particularly in marginalized communities. The initiative aims to create an open-source framework to support nonprofits globally, with a focus on addressing energy inequities and driving meaningful climate action.
