Overview
What is Social Venture Partners International?
Social Venture Partners International is a nonprofit organization based in Seattle, Washington, with a team of six individuals. Their mission is to foster effective philanthropists, strengthen nonprofits, and invest in collaborative solutions, aiming to address societal challenges more comprehensively. They achieve this by engaging, building, and expanding their network of affiliates and partners. This network serves as a platform for innovation, enabling cross-community collaboration, driving the exploration of novel ideas, and challenging traditional philanthropic practices to make them more proximate and accountable. Social Venture Partners International leverages this network to catalyze resources towards solutions that address systems and bring about change on a larger scale.
Official website here: www.svpi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating. This rating reflects a strong focus on accountability and finance, highlighting the organization’s commitment to financial health and transparency in its operations. The score indicates effective management practices and organizational governance, which are essential for maintaining donor trust and support.
Social Venture Partners International demonstrates significant strengths in its board composition, with 100% independent board members and a size that aligns with best practices. The organization has high scores in various accountability metrics, including no material diversion of assets and comprehensive policies for conflicts of interest and whistleblowers. The program expense ratio is also commendable, allocating approximately 72.16% of its budget directly to programs, which shows a focus on impact over administrative costs.
While the overall score is positive, potential donors may want to further investigate the organization's programmatic outcomes, as the rating predominantly reflects financial and governance metrics. Understanding the effectiveness of its programs would provide a more holistic view of the organization's impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Social Venture Partners International legitimate?
Social Venture Partners International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Venture Partners International 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: $201,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,586
For more financial information, click here
Official website here: www.svpi.org
What is the mission statement of Social Venture Partners International?
Social Venture Partners International's mission is centered around fostering and growing a network to drive more resources towards community-based solutions and innovations for social change. The organization actively works to challenge traditional philanthropy practices, encouraging a more engaged and accountable approach. Furthermore, Social Venture Partners International aims to develop effective philanthropists, strengthen nonprofit organizations, and invest in collaborative solutions to tackle societal challenges, fostering powerful relationships within the community.
Official website here: www.svpi.org
Who is the CEO of Social Venture Partners International?
Sudha Nandagopal is the Ceo of Social Venture Partners International. The CEO's salary of Social Venture Partners International is $143,698 and their total compensation is $155,567.
Official website here: www.svpi.org
What is the revenue of Social Venture Partners International?
Social Venture Partners International's revenue in 2021 was $1,458,298.
Official website here: www.svpi.org
Who are the executives of Social Venture Partners International and what are their salaries?
The average compensation at Social Venture Partners International during 2021 was $75,930. There are 6 employees and 18 volunteers at Social Venture Partners International.
Here are 16 key members and their salaries (Social Venture Partners International's CEO's salary is $143,698 and their total compensation is $155,567):
- Compensation: $143,698
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- Other: $11,869
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Official website here: www.svpi.org
Where can I find the form 990 for Social Venture Partners International?
Social Venture Partners International's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.svpi.org
Learn more at the official website: www.svpi.org
Mission Statement of Social Venture Partners International
Social Venture Partners International, as a philanthropic organization, aims to cultivate and expand a network of effective philanthropists. This network works collectively to catalyze resources towards cross-sector and multi-community solutions, innovations, and changes that address social challenges. The organization's mission is to strengthen nonprofits and invest in collaborative solutions, thereby building powerful relationships to tackle the communities' social issues. By doing so, Social Venture Partners International strives to demonstrate ways to disrupt traditional philanthropy, making it more proximate and accountable within the network and broader philanthropic sector. The organization's activities are focused on engaging, building, and expanding the SVP Network and its Affiliates and Partners, seeking innovative ideas, cross-community collaboration, and new methods to disrupt philanthropy.
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Impact
July, 2024
Social Venture Partners International catalyzes resources towards innovative solutions and impactful collaborations that disrupt traditional philanthropy practices. By cultivating effective philanthropists, strengthening nonprofits, and investing in collaborative solutions, SVP International builds powerful relationships to address the social challenges faced by communities globally. Through its network and affiliates, SVP International influences philanthropists to prioritize providing communities with the support they need most, thus making a tangible and sustainable impact on social issues.
This information is meant to be a general summary of Social Venture Partners International. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $155
- Program Service Revenue: $275,000
- Gross Receipts: $1,458,298
Assets and Liabilities:
- Total Assets: $2,529,154
- Total Liabilities: $105,497
- Net Assets: $2,423,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assesmt
Revenue
$275,000
Organization Details
Founding Year
2002
Phone
(206) 471-0410Principal Officer
Sudha Nandagopal
Main Address
3815 S Othello St Ste 100 374, Seattle, WA, 98118
Website
www.svpi.orgNTEE Category
Code: T02 - Philanthropy
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