Grants Information Session Spring 2010


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Grants Information Session Spring 2010

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