Foundation / Corporation
Social Venture Partners (SVP) Boston
04/04/18 5:00 PM
Grants of up to $75,000 and in-kind volunteer services to greater Boston, Massachusetts nonprofits that address opportunity gaps and inequitable access to resources within the community. Applicants are advised to attend the February 7 information session. February 26, 2018 is the deadline to submit an LOI.
Specifically, SVP invests expertise and money in high potential, early-mid stage nonprofits that aim to deliver solutions that address inequitable access to resources and opportunity, including basic needs, education, and employment. Grants will be made for operations only.
To help build nonprofit capacity, SVP combines grant funding and highly skilled volunteers who provide strategic counsel in areas such as: general management, leadership development, strategic and business planning, marketing and communications, finance and revenue development, board development and governance, human resource management, all with an eye towards growth, replication, and deepening impact.
SVP Grantees demonstrate the following:
Growth Potential: SVP Grantees have strong leadership and successful programs that meet a timely and critical need and have identified capacity building as a strategic priority. They are at an inflection point to build their organizational foundation for deeper impact, by:
- Carrying out programs more effectively,
- Expanding current programs significantly, and/or
- Spreading a model that has proven results into other communities
Impact Potential: SVP Grantees have the potential to make significant impact in addressing the opportunity gap in Greater Boston. They are also committed to performance and outcomes measurement, whether well-developed or planned, and have an organizational culture of measuring success.
Committed Leadership: SVP Grantees have leaders with a deep desire and ability to guide their organizations in achieving significant growth and impact. These leaders seek thought partners, welcome SVP Partner expertise, and can commit the energy and resources needed to focus internally. They also have at least a 1-year tenure within the organization.
Internal Capacity: To take advantage of the support we offer, SVP Grantees have sufficient human and financial resources to design and implement capacity building projects while maintaining quality programming. At the same time, the organization must not be so well established that they frequently use or have regular access to other capacity building resources.
- Annual operating budgets in the $300,000 - $3 million range
- 3-4 staff at least, including a full-time ED with at least a 1-year tenure with the organization
- 2-3 years of programming that shows or is beginning to show evidence of impact
- An active Board that meets regularly and has well-defined roles and responsibilities
GrantWatch ID#: 140307
An SVP Grantee will receive $25,000 of general operating funds and hundreds of hours of skilled volunteer time in the first year. Grantee engagements are renewable annually for a total of up to 3 years and $75,000.
Grantee engagements are renewable annually for a total of up to 3 years.
In addition to aligning with the guiding principles in the Description above, to be considered for an SVP grant, your organization must be:
- Headquartered in Boston or adjacent towns
- Operating an annual budget of $300,000 - $3 million
- Classified as a 501(c)(3) nonprofit organization or have an appropriate fiscal sponsor or agent
Requests for the following will not be considered: debt reduction, endowment funds, capital campaigns, auctions or fundraising campaigns, litigation or legal expenses, land acquisition, productions or performances, conferences, re-granting dollars to other nonprofit organizations; individuals, for-profit organizations, pure sports teams, religious
organizations for sectarian purposes, or organizations that discriminate on the basis of race, sexual orientation, gender, age, marital status, national origin, or physical ability.
The Executive Director of applying organizations are strongly recommended to attend the Information Session.
The Information Session will be held on February 7, 2018 from 9:30 - 10:30 AM at the offices of Associated Grant Makers, 133 Federal Street, Suite 802, Boston.
At the session, potential applicants will meet some of SVP's Partners and learn more about SVP, the philanthropic model, and the selection process.
2018 Key Dates:
- February 7, 9:30 - 10:30 AM: Information Session at Associated Grant Makers
- February 26, 5:00 PM: Letter of Interest due
- March 13 (on or around): Invitation to submit a Proposal sent to selected nonprofits
- April 4, 5:00 PM: Proposal due
- April 30 - May 9: Site Visits
- May 9 – 16: Leadership Conversation
- Early June: New Grantee announced
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Register for the Information session here:
Email your completed LOI (in PDF format) to Jen Bowen Flynn (email@example.com) and Emma Pugliares (firstname.lastname@example.org).
USA: Massachusetts: Boston or adjacent towns