Date: 8.May.06

Venture practices to better Israel

IVN ANNUAL MEETING Chairman’s Report Santa Clara, CA

Eric Benhamou, IVN Chairman

Agenda

• Introduction• Year in Review• Organization and Governance• Looking ahead

Mission

• The Israel Venture Network is a venture philanthropy network of high-tech entrepreneurs and executives from Israel and the U.S. that aims to provide scalable systemic solutions for the social, educational and employment crises that jeopardize Israel’s success

Investment Focus

Strengthening the education system

Investing in tomorrow’s leaders

Creating employment opportunities

2005 - A year in review

BreadthIVN’s strategic initiatives today

School PrincipalTraining

Active Citizenship

StartUp Jerusalem

SE Fellowship

IsraCorps

EI :Municipal

Intervention

StrengtheningMunicipal

Capabilities

BreadthMembership Growth

42

85

115

150

0

20

40

60

80

100

120

140

2002 2003 2004 2005

BreadthCorporate Membership Growth

• “Corporate” members include:

• Corporations• Foundations• Federations

20

27

0

5

10

15

20

25

30

2004 2005

DepthInvestment Growth

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

2001 2002 2003 2004 2005

IVN Direct Investments($K)IVN Total Investments($K)

DepthPortfolio Investment

Strengthening the Education

System76%

Creating Employment Opportunities

4%

Investing in Social

Leadership20%

MaturityOrganizational Depth

• Business-like culture spreading in municipalities• Professional• Transparent• Data-driven• Effective

MaturityBoard and Committees

• Expanded Executive Board• Activated Strategic Advisory Board• Created New Committees

• Membership Involvement• Partnerships and Strategic Alliances

IVN invited as Venture Philantropy expert to non profit boards and conferences

Maturity Strategic Planning Process

What are our ultimate goals?

What changes do we hope to seein individuals?

In the community?

Inputs Outputs

What activitieswill we need to

engage into

meet these

Outcomes?

What resources

will weneed toengagein these

activities?

Outcomes

“Plan Backwards, Implement Forward”

MaturityIVN Staff

• U.S.• Joni Block, U.S. Director (2/06 start) • Abbey Herman, Event and Administrative

Assistant

MaturityIVN Staff

• Israel• Ayelet Tal, CFO• Dana Miller, Manager of Marketing,

Communications and Documentation• Hedva Fensterheim, Social Entrepreneur

Fellowship Coordinator• Rita Argov, Office Manager• Anat Farkas, Director of Development (06)

MaturityProgram Partners

• EI, Tiberias• Sacta-Rashi Foundation• Check Point Software Technologies Ltd

• EI, Galilee Panhandle• Sacta-Rashi Foundation• Jewish Community Federation of San Francisco,

the Peninsula, Marin and Sonoma Counties• United Israel Appeal of Canada/Partnership 2000

MaturityProgram Partners

• Active Citizenship, Sderot• Amdocs• New Israel Fund

• IsraCorps• Sacta-Rashi Foundation

• Principal Training• Yad Hanadiv Foundation

2005 Goals

• Leverage successes in municipal interventions with a view to:• Manage smooth exits• Drive systemic educational reform

Grow the impact of new initiatives• Develop new leaders• Stimulate economic opportunities

Significantly improve IVN management• Operational and financial management• Membership involvement and communication

A

B

B+

B+

A

B-

2006 Goals

Grow @ >>2X IS GDP

Demonstrate intervention sustainability

Expand “Corporate” partnerships: corporations, foundations and federations

Sharpen intervention focus around IVN’s unique contributions

IVN Long Range Goals

• Enhanced innovation and efficiency in Israel public sector

• High-tech leaders taking the lead in improving Israeli society

• A vibrant role for Israel on global stage

Why are you IVN members?

• Venture philanthropic organization• Measurement and Evaluation• Demonstrable socio-economic Results• Focus on scalable, systemic solutions• Leveraged investments• Network

Date: 8.May.06

Venture practices to better Israel

IVN ANNUAL MEETING Chairman’s Report Santa Clara, CA

Eric Benhamou, IVN Chairman