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Social Venture Partners Boston Inc

Svp Boston

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454230249 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Social Venture Partners Boston Inc?

Social Venture Partners Boston Inc is a nonprofit organization, home to a group of skilled professionals, located in Boston, Massachusetts. They invest their time, expertise, and funds into carefully selected local nonprofits, aiming to enhance their capacity to deliver significant social impact. Their unique approach combines grant funding and volunteer support, offering strategic-level volunteers, advice, contacts, and organizational practices to their chosen nonprofits. Additionally, Social Venture Partners Boston Inc fosters effective philanthropy in the Boston area by educating its partners, empowering them to become informed, lifelong philanthropists. By doing so, the organization serves as a catalyst for charitable giving, making charitable gifts more impactful within the area.


Official website here: www.svpboston.org

Is Social Venture Partners Boston Inc legitimate?

Social Venture Partners Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Venture Partners Boston Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $155,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,593

For more financial information, click here


Official website here: www.svpboston.org

What is the mission statement of Social Venture Partners Boston Inc?

Social Venture Partners Boston Inc, comprising a diverse group of skilled professionals, collaborates with carefully selected non-profit organizations. Their objective is to boost the capacity of these non-profits to deliver significant social impact. They achieve this by investing their time, skills, and money. The unique approach of Social Venture Partners Boston Inc involves providing a targeted and highly leveraged philanthropic funding source, in combination with volunteering. This enables the grant recipients to access strategic-level volunteers, advice, contacts, and organizational practices. In addition, Social Venture Partners Boston Inc aims to foster effective philanthropy by educating its partners to become informed, effective, and lifelong philanthropists. Consequently, Social Venture Partners Boston Inc serves as a catalyst for charitable giving, making charitable gifts more impactful.


Official website here: www.svpboston.org

Who is the CEO of Social Venture Partners Boston Inc?

Jason Williams is the Treasurer of Social Venture Partners Boston Inc. The CEO's salary of Social Venture Partners Boston Inc is $145,035 and their total compensation is $155,260.


Official website here: www.svpboston.org

What is the revenue of Social Venture Partners Boston Inc?

Social Venture Partners Boston Inc's revenue in 2022 was $436,162.


Official website here: www.svpboston.org

Who are the executives of Social Venture Partners Boston Inc and what are their salaries?

The average compensation at Social Venture Partners Boston Inc during 2022 was $70,412. There are 3 employees and 88 volunteers at Social Venture Partners Boston Inc.


Here are 14 key members and their salaries (Social Venture Partners Boston Inc's CEO's salary is $145,035 and their total compensation is $155,260):


Monica Noether (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Asher (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marva Serotkin (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keyur Patel (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Allen (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Garber (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Valpey (Former Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Daniels (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrie Perella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Rosen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikhil Gavai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Willingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Williams (Chief Executive Officer)
  • Compensation: $145,035
  • Related: $0
  • Other: $10,225


Official website here: www.svpboston.org

Where can I find the form 990 for Social Venture Partners Boston Inc?

Social Venture Partners Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.svpboston.org

Learn more at the official website: www.svpboston.org

Mission Statement of Social Venture Partners Boston Inc

Social Venture Partners Boston Inc, a group of diverse, highly skilled professionals, collaborates with carefully selected non-profits in the area by investing their time, skills, and money to increase the capacity of these organizations to deliver meaningful social impact. This unique approach provides a targeted and highly leveraged philanthropic funding source to the Boston area non-profit community, enabling grant recipients to access strategic-level volunteers, advice, contacts, and organizational practices. Beyond providing funding and volunteer expertise, Social Venture Partners Boston Inc also seeks to develop effective philanthropy in the Boston area by educating its partners to be informed, effective, lifelong philanthropists. As such, Social Venture Partners Boston Inc serves as a catalyst for charitable giving and makes charitable gifts more effectively in the Boston area.

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Impact




October, 2024

Social Venture Partners Boston Inc significantly impacts the Boston area by enhancing the capacity of local nonprofits through a unique combination of funding, skilled volunteerism, and strategic guidance. By investing both time and resources, SVP Boston empowers selected nonprofit organizations to strengthen their operations and improve their service delivery, ultimately amplifying their social impact.

In recent years, SVP Boston has provided substantial general operating support grants, totaling $146,750 in 2022 and $122,500 in 2021, to a growing portfolio of nonprofits. This financial backing is complemented by access to strategic-level volunteers, who offer expertise, mentoring, and best practices that drive organizational effectiveness and sustainability.

SVP Boston also plays a vital role in philanthropy development by educating its partners through workshops, seminars, and experiential learning opportunities. These initiatives aim to cultivate informed and engaged philanthropists who utilize strategic giving strategies and actively participate in their communities. By fostering a culture of effective philanthropy, SVP Boston serves as a catalyst for increased charitable giving in the region, enriching the nonprofit ecosystem and enhancing the overall social fabric of Boston.




This information is meant to be a general summary of Social Venture Partners Boston Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$436,162 (2022)
Expenses
$458,952 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $436,162

Assets and Liabilities:

  • Total Assets: $164,025
  • Total Liabilities: $119,569
  • Net Assets: $44,456

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Organization Details

Founding Year

2012

Principal Officer

Jason Williams

Main Address

71 COMMERCIAL STREET 139, BOSTON, MA, 02109

NTEE Category

Code: T30 - Philanthropy

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