How A Princess And A CEO Are Applying The VC Model To Philanthropy

Maverick Collective members commit private funds toward investing in women around the world.

"It was overwhelming, actually," recalls Kate Roberts, CEO of the philanthropic initiative the Maverick Collective, of the emotions that flooded in when she gave birth to her daughter in 2011. As a senior vice president at the not-for-profit Population Services International (PSI), she knew the challenges women face all over the world, including gender-based violence and lack of access to contraception. And she knew that despite all the rhetoric about investing in women, just two cents of every development dollar actually goes toward programs for girls.

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