Our long term goal is to keep impact on track by filling funding gaps with our investments while increasing the sophistication of risk management practices in philanthropy. Laurie Michaels to address the need for contingency funds and the absence of risk management practices in philanthropy. Open Road was founded in 2012 by psychologist and philanthropist Dr. Open Road promotes a grantee-centric approach to philanthropy, focused on creating a transparent and trusting relationships with our partners. Open Road Alliance is a private philanthropic initiative that serves the social sector by Keeping Impact On Track in an unpredictable world. We make one-time grants and loans to mid-implementation projects that encounter an unexpected external roadblock that requires a discrete injection of funds to solve the problem at hand. Piloted in 2017 with an initial investment of 5 million, the fund, Open Road Ventures. Open Road Alliance (ORA) is a private, philanthropic organization that provides fast and flexible contingency funding to non-profits and social enterprises. Open Road Alliance Launches 50 Million Fund for Loans to Nonprofits. In fact, 1 in 5 grants face an unforeseen obstacle, yet 83% of donors lack a dedicated budget allocation for contingencies. ![]() The philanthropic market is not currently structured to deal with the unpredictable. ![]() Open Road makes discrete, one-time charitable grants and loans across all sectors and geographies. Founded in 2012, Open Road Alliance is a private philanthropic initiative that provides grant and loan capital to non-profits and social enterprises for mid-implementation projects facing an unexpected roadblock or a sudden catalytic opportunity.
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