Introduction to Social Venture Partners - Presentation Transcript
Social Venture Partners: Investing in Social Entrepreneurs
SVP founded in Seattle 1997. Today 26 Affiliates
About Social Venture Partners Minnesota
We are a venture philanthropy organization with a dual mission to:
Promote philanthropy…
Practice philanthropy
Venture Philanthropy
“ The most interesting developments in philanthropy are trends in engagement” - Patty Stonesifer, Gates Foundation
Engaged giving
Going beyond check writing
Application of personal skills and experience to those served
Two-way learning
Based on the venture capital model
Seeks innovative social entrepreneurs in which to invest
Patient capital – multiple year support
Direct assistance to the investee from the investor
Performance milestones for the investee
We invest in social entrepreneurs. A social entrepreneur…
Is inspired to solve a social problem
Acts innovatively to create a new solution to the social problem
Takes direct action by creating new organizations, services, or markets
Demonstrates courage and persistence and bears the risks of innovation
Has a workable plan to move from vision to reality
Creates demonstrable social benefit through the value proposition they pursue
The SVP partners
Profile :
Philanthropic
40 - 75 age. Some retired, most working.
Entrepreneurs, business executives, professionals
28 partner units, 57 members
Sectors: IT, VC & finance, manufacturing, business services, sales and marketing
Participation :
Annual contribution of $5,400 to the investment fund
Select investees
Support the investees by doing capacity building projects
Take part in educational events
Socialize with other partners and the investees
Capacity building resources for investees
Consulting and coaching from SVP partners
Assistance with Capacity Building Plans
In-kind donations
Connections with their network
Executive Directors’ Forum
Carlson Ventures Enterprise
Multidisciplinary MBA student teams
Assistance with Capacity Building Plans
Education and training
Sustainable Strategies fundraising training
Search Institute Forty Developmental Assets training
Preferred Vendor Services
MAP for Nonprofits discounted services
Nonprofit Assistance Fund
SVP Theory of Change
SVP Programs
Philanthropy is a family affair through our SVP Teens program…
The Philanthropic Partners Program
The Philanthropic Partners Program is an initiative of Social Venture Partners to increase engaged philanthropy among small to mid-sized businesses.
Designed for businesses that want to give back but have limited staff and expertise
A Philanthropic Partner business commits to making a grant to a nonprofit organization serving at-risk children or youth. In addition to the grant, a Philanthropic Partner provides volunteers from among its employees and management team to assist the nonprofit with a capacity building project.
Social Venture Partners provides its Philanthropic Partners with a ‘turn key’ process. Philanthropic Partner businesses receive:
A complete grant making process including the documents and tools to solicit applicants, evaluate applications, and award a grant.
Training and coaching for employees participating on the grant team in basic concepts of philanthropy and grant making and in use of the grant making tools.
Assistance in selecting and defining the capacity building project your employees will do with your grantee.
The business is fully recognized in all communications to the grantee and to the media.
The Engaged Philanthropy Conference…
Hosted by SVP with lead sponsors Best Buy, Minneapolis Foundation, and Lowry Hill
Features the Social Entrepreneur’s Cup competition
Attended by nonprofit, foundation, and business leaders
ENGAGED PHILANTHROPY 2009 CONFERENCE
Social Entrepreneur’s Cup
Seek out, support, and celebrate, Minnesota's most innovative and effective social entrepreneurs and the organizations they lead.
Cash prizes and consulting help from SVP partners
2008 Winners:
Students Today Leaders Forever
International Breast Milk Project
Area of interest and 2009 focus
Social ventures that improve the lives of at risk children and youth
2009 focus: early childhood development
ages pre-natal to 5
Child care, pre-K, and parenting support
SVP Investments 2008
Our portfolio of current investees…
Our “Alums”
We are looking for social ventures that are…
Led by innovative social entrepreneurs that are solving social problems
Committed to growing their organization and expanding their reach to new markets, geographic areas, or larger numbers of customers served.
Beyond ‘proof-of-concept’ stage with some form of evaluation that demonstrates results
Seeking capacity building assistance as well as financial support
efforts that improve an organization’s ability to achieve its mission
infrastructure and systems development (i.e. marketing or IT) or leadership development within the organization (i.e. executive coaching)
Philanthropic Partners Program investees…
Philanthropic Partner Company
Lubrication Technologies
Coughlan Companies
Investee
High School for Recording Arts
East Side Learning Center
Closing Thought
"To give away money is an easy matter and in any man's power. But to decide to whom to give it, and how large, and when, and for what purpose and how, is neither in every man's power nor an easy matter.” - Aristotle
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