The Angel Resource Institute (ARI) is a charitable organization devoted to education, information and research about angel investing for investors, entrepreneurial support organizations, university faculty and students, and policy makers.
Programs
The programs of ARI include:
- Power of Angel Investing Seminars and Workshops: ARI provides a series of education programs developed by the Ewing Marion Kauffman Foundation in a variety of communities. The respected "PAI" program includes two full-day seminars and four half-day workshops that dig into aspects of the angel investment process:
- Angel Investing Overview seminar
- Starting an Angel Organization seminar
- Doing the Deal: Term Sheet workshop
- Due Diligence workshop
- Early Exits workshop
- Trends in Raising Capital workshop
- Valuation of Early-Stage Companies workshop
ARI is also exploring Webinars, podcasts, and other ways to deliver great education and new topics to interested audiences. In addition, ARI partners with other national and international organizations to present PAI programs as pre-conference education.
- Research and Data: ARI collects data and provides analysis on angel group trends, investment activity and impact, best practices, and measures of success. Recent projects include establishing a database on quarterly investments of angel groups, determining the financial returns of angels connected to angel groups, and evaluating best practices for angel groups. ARI also aggregates academic research about angel investing on its Web site.
- Information and Publications: Working with top angel investors and the Kauffman Foundation, ARI has developed a variety of information tools that can be accessed via www.angelcapitaleducation.org and in print. ARI publishes a quarterly newsletter about angel groups, best practice papers, guidance documents for angel group investment practices and the "Guidebook on Starting an Angel Organization in Your
Community."
History
ARI was founded by the Ewing Marion Kauffman Foundation in 2005 to support education and research in the field of angel investing, originally called the Angel Capital Education Foundation. In early 2007, ARI received IRS approval as a tax-exempt, public charity (501c3), and in March, 2007 it spun out from the Kauffman Foundation as an independent organization. The Kauffman Foundation currently provides grant and other support during ARI's early development. ARI
complements a separate organization, Angel Capital Association, a professional membership association of North American Angel groups.
Organization Structure
ARI was incorporated in September, 2005 and received its 501c3 public charity tax exemption from the Internal Revenue Service in December, 2006. A seven-member Board of Directors governs ARI.
