Overview
What is Social Venture Partners Portland?
Social Venture Partners Portland is a dedicated nonprofit organization based in Portland, Oregon. Their primary mission involves providing capacity-building support to their chosen community partners, known as nonprofit grantees. In 2022, the partnership of over 130 individuals invested more than $162,000 in cash grants and over 5,400 hours of professional expertise, equating to a significant community investment of over $705,000. This support is extended to a diverse portfolio of 12 nonprofit organizations and collaborative projects, with a shared goal of ensuring equitable access to high-quality, culturally relevant early learning experiences for children, regardless of their backgrounds. Social Venture Partners Portland operates as venture philanthropists, mobilizing talent, funds, and influence to invest in social impact organizations and initiatives.
Official website here: www.svpportland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Social Venture Partners Portland has achieved a Three-Star rating from Charity Navigator, reflecting a solid focus on accountability and finance. The overall score of 81% indicates that the organization meets a good standard in governance and financial health. Notably, it has earned full points for having an independent board, demonstrating a commitment to transparency and ethical oversight.
The organization excels in several key areas, including the absence of material diversion of assets and a well-documented conflict of interest policy. It also maintains a high level of transparency, with required documents such as board meeting minutes and tax forms readily available on its website. The liabilities to assets ratio is favorable at 23.73%, indicating a sound financial structure.
However, the program expense ratio at 67.09% suggests that there may be room for improvement in allocating more resources directly to programs versus administrative costs. Overall, while Social Venture Partners Portland shows strong accountability practices, enhancing program spending could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Social Venture Partners Portland legitimate?
Social Venture Partners Portland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Venture Partners Portland 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: $241,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,989
For more financial information, click here
Official website here: www.svpportland.org
What is the mission statement of Social Venture Partners Portland?
Social Venture Partners Portland, as a venture philanthropy organization, aims to mobilize professional expertise, financial resources, and influence to invest in social impact organizations. Their primary mission is to provide capacity-building support to their nonprofit grantees, often referred to as community partners. In 2022, the partnership of over 130 individuals invested over $162,000 in cash grants and approximately 5,400 hours of professional expertise, valued conservatively at $543,000. These investments, totaling over $705,000, are directed towards a portfolio of 12 nonprofit organizations and collaborative projects. The focus is on ensuring equitable access to high-quality, culturally relevant early learning experiences for children, regardless of their race, ethnicity, wealth, religion, gender, or zip code.
Official website here: www.svpportland.org
Who is the CEO of Social Venture Partners Portland?
Lauren Johnson is the President of Social Venture Partners Portland.
Official website here: www.svpportland.org
What is the revenue of Social Venture Partners Portland?
Social Venture Partners Portland's revenue in 2022 was $1,100,731.
Official website here: www.svpportland.org
Who are the executives of Social Venture Partners Portland and what are their salaries?
The average compensation at Social Venture Partners Portland during 2022 was $53,379. There are 8 employees and 60 volunteers at Social Venture Partners Portland.
Here are 7 key members and their salaries:
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- Compensation: $88,100
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- Other: $3,180
- Compensation: $141,642
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- Other: $10,569
Official website here: www.svpportland.org
Where can I find the form 990 for Social Venture Partners Portland?
Social Venture Partners Portland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svpportland.org
Learn more at the official website: www.svpportland.org
Mission Statement of Social Venture Partners Portland
Social Venture Partners Portland, abbreviated as SVP Portland, is an organization dedicated to mobilizing human, social, and financial capital for investment in social impact organizations. Their primary mission is to bring professionals and organizations together in partnership to tackle community challenges. As venture philanthropists, SVP Portland leverages talent, money, and influence, providing both cash grants and professional expertise to nonprofit grantees they call Community Partners.
In 2022, the partnership of over 130 individuals invested more than $162,000 in cash grants and 5,400 hours of professional expertise, conservatively valued at $543,000. This collective investment of time, talent, and resources totaled more than $705,000, supporting a portfolio of 12 nonprofit organizations and collaborative projects focused on ensuring that all children, regardless of their race, ethnicity, wealth, religion, gender, or zip code, have access to high-quality, culturally relevant early learning experiences. By providing capacity-building support to these nonprofits, Social Venture Partners Portland plays a significant role in uplifting communities and fostering positive change.
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Impact
July, 2024
Social Venture Partners Portland mobilizes human, social, and financial capital for investment in social impact organizations. In 2022, this partnership of over 130 individuals invested more than $162,000 in cash grants and contributed 5,400 hours of professional expertise, valued at $543,000. This represents a total value of over $705,000 of community investments into a portfolio of 12 organizations and collaborative projects focused on ensuring equitable access to high-quality early learning experiences for all children.
This information is meant to be a general summary of Social Venture Partners Portland. 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 2022.
- Investment Income: -$8,506
- Gross Receipts: $1,362,474
Assets and Liabilities:
- Total Assets: $1,659,693
- Total Liabilities: $86,811
- Net Assets: $1,572,882
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Organization Details
Founding Year
2000
Phone
(503) 222-0114Principal Officer
Lauren Johnson
Main Address
1355 NW EVERETT ST 100, PORTLAND, OR, 97209
Website
www.svpportland.orgNTEE Category
Code: T31 - Philanthropy
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