Grants Information Session Spring 2010
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Transcript

  • 1. Grants Information Session Spring 2010
  • 2. BC Social Venture Partners
    • Who we are
    • Overall Mission
    • Grant Making Goals
    • Key Operating Principle: Building Capacity
    • Key Guidelines
    • Decision Process
  • 3. BC SVP: Who We Are
      • Individuals and their families
      • BC Business Leaders
      • Venture philanthropists
  • 4. BC SVP: Overall Mission
    • What is venture philanthropy?
      • Makes time + money ‘investment’ in nonprofits
      • seeks entrepreneurial leaders, innovative approaches to social problems, leverage of other assets
    • How is this done ?
      • individuals pool funds
      • group jointly decides on projects to fund and support
  • 5. BC SVP: Grant-making Goals
    • To increase capacity of Grantee organizations
    • To effectively engage Partners in helping Grantees increase capacity
    • Current areas of support:
      • Women at risk
      • Children & youth
      • Social Enterprise
  • 6. Key Operating Principle: Building Capacity
    • Emphasized throughout the Grantee/SVP partnership
    • By the end of a three-year investment cycle, the enterprise or project should:
      • Demonstrate improved strength in one or more capacity parameters
      • Have developed a replacement for SVP's funding
      • Have built enduring relationships with one or more SV Partners and/or other high capacity volunteers
  • 7. Key Guidelines
    • Grants of time + money are for program and/or capacity building
    • Grants are generally $30,000 annually for up to 3 years
    • Grantees must annually re-qualify, by making satisfactory progress toward stated goals
    • Capacity building must be clearly defined and discussed in goals throughout the granting relationship
  • 8. Decision Process
    • 2-page letter of inquiry
    • Grants team assesses letters and selects 2-3 to develop full funding proposals
    • Teams of two Partners work with one nonprofit to help them develop a full funding proposal
    • Groups present proposals in person to full partnership on May 20, 2010
    • All Partners vote on finalist
  • 9. Decision Process
    • Basic Scoring Criteria
      • Social Impact
      • Fit with SVP
      • Orientation to Capacity Building
      • Ability to Collaborate
      • Commitment to Outcomes
  • 10. Decision Process
    • Social Impact :
    • How do you bring about positive change in the people who make use of your organization's services?
    • How do you assess the value of this change to them and their community?
    • Is there relevant research in your area that will support your statements about urgency of need or effectiveness of program?
    • Are you still small but you have an idea that could increase the numbers you reach and help and/or deepen the effect of your approach?
    • Can you succinctly demonstrate knowledge of the particular social problem you are addressing
  • 11. Decision Process
    • Fit with SVP:
    • What are your capacity-building goals?
    • What areas of expertise does your organization need?
    • Can you describe how you will make use of SVP volunteers in a way that relates to the above needs?
    • Is the point person who will be working with SVP confident with high capacity individuals?
    • How will SVP’s involvement make a difference to the success of the project (as compared to money only) ?
  • 12. Decision Process
    • Orientation to Capacity Building:
    • Has your board discussed increasing your organization’s capacity? Did specific goals & actionable items result?
    • Have you already sought outside sources of expertise and/or funding to help you address this issue?
    • What is your longer term (three-year) vision for your organization?
    • What aspects of its programs and operations would you most like to have not only preserved but also strengthened, in three years time?
    • What are your three-year goals for the project for which you are seeking support?
    • How will you support it beyond three years?
  • 13. Decision Process
    • Ability to Collaborate:
    • You collaborate with others working on the same social issue
    • Your group is tapped into relevant community networks
    • Your group attracts & makes effective use of volunteers
    • Your organization is committed to sustainable results
    • Your proposal outlines clear milestones & measurable outcomes
  • 14. Decision Process
    • Reasons your letter may not be chosen:
    • Unclear need or not compelling
    • Does not need substantive involvement by volunteers
    • Does not demonstrate an understanding of what SVP is trying to do or how to leverage SVP
    • Too much vision and not enough detail about how and what
    • Too much to do; underestimate challenges
    • Not financially feasible
    • Inconsistency with mission (yours or SVP's)
  • 15. Thank You!