Social Venture Partners - Investment

Background

The Social Venture Partners of Sacramento (SVP) are corporate executives, community leaders, volunteers, philanthropists, parents – a network of local partners connecting passion and purpose. SVP sees the chasm between the challenges we face today as a society and the way we engage those challenges. Since its inception in 2008, SVP has united the power of the business community with the passion of the nonprofit world.

This grant opportunity is closed.

Please note that the requirements articulated below were developed for a previous round of the grant opportunity. Details for future rounds may differ.

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The SVP Sacramento Investment opportunity is a yearlong partnership with the potential for multi-year unrestricted funding. In 2016, SVP will focus its philanthropic contributions, volunteer and in-kind support towards capacity-building efforts of organizations engaged in transforming education for youth in the region. Their ultimate goal is to help build and expand successful, sustainable nonprofit organizations through multi-year support and partnership.

Nonprofit organizations will first complete a two stage application process, followed by a required site visit for selected finalists. Chosen nonprofit partners (Investees) will then develop a one-year Investee Plan to implement capacity-building projects identified during the application process. Investees will also be matched with a SVP Lead Partner that will serve as the liaison between SVP and the Investee organization. The Lead Partner, with support from SVP, will assist in developing the one-year Investee Plan and implementing capacity-building projects identified during the application process.

  • Maintain tax-exempt status under Section 501(c)(3) of the Internal Revenue Code or provide evidence of fiscal sponsorship.
  • Reside or provide services in one of the following geographical service areas: Sacramento, Yolo, Placer, El Dorado, Sutter, and Yuba counties.
  • Have a nonprofit mission or project that is focused on educational outcomes and serves one or more of the following populations:
    • Pre-K students
    • Youth (K-12) in school or outside of the classroom
    • Post-secondary students
    • Adult education students; OR
    • Is a program that addresses an issue through programs proven to increase levels of educational attainment (i.e., sports for youth, mentoring programs beyond school day, etc.)
  • Have an Executive Team and Board who are receptive to SVP's involvement and are prepared to engage in capacity-building projects over a three to five year period (5+ hours monthly commitment).

Preference will be given to organizations that: 1) are financially stable with a strong management team; 2) can provide a demonstrated record of measureable impact on their target populations using quantitative data; and 3) have a history of collaborative effort(s) with other agencies within the community.

Types of Funding

Through the Investment opportunity, SVP will support capacity-building projects that address one or more of the following areas:

  • Mission, Vision, Strategy & Planning
  • Program Design & Evaluation
  • Human Resources
  • CEO/ED/Senior Management Team Leadership
  • Information Technology
  • Financial Management
  • Fund Development
  • Board Leadership
  • Legal Affairs
  • Marketing, Communications & External Relations
  • Investees are eligible to receive an initial single-year unrestricted investment of up to $25,000, released in two installments of $10,000 and $15,000 - contingent upon the development of a one-year Investee Project Plan, developed in conjunction with an assigned SVP Lead Partner.
  • Investees are eligible to receive volunteer and in-kind support towards their identified capacity-building efforts.
  • Investees are eligible to potentially receive multi-year unrestricted funding (5-year maximum).

Please note that the dates noted below were developed for a round of the Social Venture Partners - Investment grant opportunity that is now closed. Details for future rounds will differ.

  • A selection committee will review the Letter of Inquiry (LOI) applications and make recommendations for first round semifinalists. Completed LOIs are due by Friday, October 30, 2015, at 4:00 PM. LOIs will only be accepted through the online system. No late submissions will be accepted.
    • Note: Please confirm availability of your senior management team and at least one board member for a potential site visit (see dates in timeline below) prior to submitting your LOI. Site visits will be scheduled after second round semifinalists are selected.
  • Invitations to submit full proposals will be sent out on Tuesday, November 17, 2015. Full proposals are due by Monday, November 30, 2015, by 5:00 PM with second round semifinalists announced on Wednesday, December 9, 2015.
  • SVP will complete site visits to second round semifinalists' offices in mid-December (see dates in timeline below). Investee(s) will be announced on Monday, January 18, 2016 at a mandatory meeting from 4:30 to 6:00 p.m.
  • Funds dispersed in June 2016. The one-year Investee Plan must be submitted to and approved by SVP prior to funds being dispersed.

This opportunity is now closed. To see future funding opportunities, please visit our Grants Registry and Calendar.

 

For questions regarding the SVP Sacramento Investment opportunity, eligibility requirements and criteria, please contact Social Venture Partners at admin@svpsacramento.org.

For technical questions regarding the online submission process, please contact us.