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Social Ventures Foundation

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

EIN: 814489020 ✦ Dover, NH ✦ Designated as a 501(c)(3)

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Overview

What is Social Ventures Foundation?

The Social Ventures Foundation is a trailblazing nonprofit organization dedicated to revolutionizing poverty alleviation. They achieve this by identifying, endorsing, and facilitating investments in innovative startups and businesses globally. These enterprises offer sustainable products, services, or employment programs that significantly uplift the living standards of underprivileged individuals. The foundation meticulously curates and maintains a comprehensive database of such businesses, aiming to recognize and celebrate the most remarkable achievements in this field.


Official website here: www.socialventuresfoundation.org

Is Social Ventures Foundation legitimate?

Social Ventures Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Ventures Foundation submitted a form 990EZ, 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.


Official website here: www.socialventuresfoundation.org

What is the mission statement of Social Ventures Foundation?

The Social Ventures Foundation is committed to revolutionizing poverty reduction efforts by identifying, promoting, and facilitating investments in innovative startups and businesses. These organizations have products, services, or employment programs designed to sustainably improve the livelihoods of the economically disadvantaged. The foundation maintains a database of such businesses worldwide and recognizes the most outstanding ones through honors and awards.


Official website here: www.socialventuresfoundation.org

Who is the CEO of Social Ventures Foundation?

Unavailable


Official website here: www.socialventuresfoundation.org

What is the revenue of Social Ventures Foundation?

Social Ventures Foundation's revenue in 2021 was $31,356.


Official website here: www.socialventuresfoundation.org

Who are the executives of Social Ventures Foundation and what are their salaries?


Here are 6 key members and their salaries:


Marc Blumenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chu (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Hart (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rilwan Meeran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.socialventuresfoundation.org

Where can I find the form 990EZ for Social Ventures Foundation?

Social Ventures Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.socialventuresfoundation.org

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

Mission Statement of Social Ventures Foundation

The Social Ventures Foundation, as a pioneering entity, aims to revolutionize the approach to combating poverty by identifying, promoting, and facilitating investments in innovative startups and businesses. These ventures offer products, services, or employment programs that have the potential to sustainably improve the livelihoods of impoverished individuals globally. The foundation's mission is multifaceted, involving the meticulous vetting and creation of a comprehensive database of such businesses and startups worldwide.

Beyond identification and vetting, the Social Ventures Foundation plays a significant role in promoting and recognizing the most exceptional startups and businesses that demonstrate substantial impact in uplifting the living standards of the poor. By honoring these outstanding entities, the foundation encourages the replication of successful models and fosters a competitive environment that drives further innovation and improvement.

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Impact




August, 2024

Social Ventures Foundation is making a significant impact by introducing a new paradigm in poverty reduction. They are identifying, promoting, and facilitating innovation and investments in startups and businesses that have products, services, and employment programs that sustainably lift the livelihoods of the poor. By vetting and building a database of such enterprises worldwide, they are actively promoting and honoring the most outstanding startups and businesses that contribute to community improvement and poverty alleviation.




This information is meant to be a general summary of Social Ventures Foundation. 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
$31,356 (2021)
Expenses
$161,758 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $31,356

Assets and Liabilities:

  • Total Assets: $10,426
  • Total Liabilities: $320,435
  • Net Assets: -$310,009

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Organization Details

Main Address

104 WASHINGTON STREET SUITE 126, DOVER, NH, 03820

NTEE Category

Code: S30 - Community improvement

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