It wasn't exactly a eureka moment, but it was pretty close, says Bill Young, founder and president of Toronto's Social Capital Partners Inc.
He is referring to his decision to dedicate his time and money to charity, not long after his mother gave $40 million she had made off a hot tech stock to a charitable foundation. "I'd volunteered my time on boards, been a Big Brother, but I always had an inkling that I'd like to do more," says the 48-year-old CA.
So in 2001, Young opened SCP, which provides grants to early stage nonprofit organizations that don't rely on government funding.
"The idea is to invest in visionary leaders and offer them our expertise. It's venture …