Cleveland Social Venture Partners

Organization Overview

Cleveland Social Venture Partners, operating under the name Social Venture Partners Cleveland, is located in Cleveland, OH. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Social Venture Partners Cleveland employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners Cleveland is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Social Venture Partners Cleveland generated $335.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $316.9k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Social Venture Partners Cleveland has awarded 18 individual grants totaling $265,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SOCIAL VENTURE PARTNERS CLEVELAND CULTIVATES EFFECTIVE PHILANTHROPISTS AND STRENGTHENS NONPROFITS, BUILDING POWERFUL RELATIONSHIPS TO TACKLE OUR COMMUNITY'S SOCIAL CHALLENGES. PARTNERS ARE COMMITTED TO THE FOLLOWING: - ENGAGED VENTURE PHILANTHROPY. PARTNERS INVEST TIME, EXPERTISE, AND MONEY IN NONPROFITS. THEY SEEK COLLABORATIVE RELATIONSHIPS WITH NONPROFITS THAT OFTEN LAST FOR THREE YEARS. - ENTREPRENEURIAL SPIRIT. PARTNERS USE INNOVATIVE APPROACHES TO ACHIEVE LEVERAGED RESULTS IN THEIR NONPROFIT PARTNERSHIPS AND COMMUNITIES. - PHILANTHROPIC EDUCATION. PARTNERS EDUCATE THEMSELVES AND BECOME INFORMED, EFFECTIVE, LIFETIME PHILANTHROPISTS. ONGOING INDIVIDUAL PHILANTHROPY IS CATALYZED THROUGH HANDS-ON EXPERIENCE AND EDUCATION. - COMMUNITY & COLLABORATIVE ACTION. PARTNERS BELIEVE IN THE POWER OF COLLECTIVE, SELF-ORGANIZED EFFORT. THEY ENCOURAGE AND MAINTAIN HIGHLY PARTICIPATORY, PARTNER-DRIVEN ORGANIZATIONS THAT USE NON-HIERARCHICAL COMMUNICATIONS AND OPERATING PRACTICES. SVP AFFILATES SUP

Describe the Organization's Program Activity:

Part 3 - Line 4a

2021 ACCOMPLISHMENTS 1.DESPITE THE ONGOING PANDEMIC AND VIRTUAL MEETINGS, SVP PARTNERS REMAINED ENGAGED CUMULATIVELY, 42 PARTNERS SPENT 525 HOURS COLLABORATING WITH NONPROFITS, 71% OF PARTNERS PARTICIPATED ON INTERNAL TEAMS, AND 88% ATTENDED SVP EVENTS. 2.WE SELECTED A NEW INVESTEE-BIRTHING BEAUTIFUL COMMUNITIES WE COLLABORATED WITH OUR INVESTEES ON PROJECTS INCLUDING: "BOARD DEVELOPMENT "EXECUTIVE COACHING "FINANCIAL PLANNING "FUND DEVELOPMENT "HUMAN RESOURCES "MARKETING & COMMUNICATIONS "STRATEGIC PLANNING "SUCCESSION PLANNING 3.SVP LAUNCHED A NEW PROGRAM FOR NONPROFITS TO COLLABORATE WITH OUR PARTNERS ON SHORT-TERM, CAPACITY-BUILDING PROJECTS. IN THE PROGRAM'S INAUGURAL YEAR, 15 PARTNERS SPENT 176 HOURS WITH 13 NONPROFITS. 4.SIX LOCAL NONPROFIT LEADERS SHARED THEIR ORGANIZATIONS' MISSIONS AND PERSONAL PASSION FOR WHAT'S POSSIBLE AT OUR FASTPITCH SHOWCASE. THE EVENT RAISED 24,000 FOR THE NONPROFITS 5.AS THE NEXT STEP IN OUR EQUITY JOURNEY, WE ENGAGED WITH GRADIENT THINK TANK, A BLACK AND BROWN-OWNED NATIONAL CONSULTING FIRM THAT CENTERS HUMAN EQUITY AS THE CATALYST FOR CHANGE. GRADIENT GUIDED US THROUGH A PROCESS TO DEVELOP OUR ORGANIZATION'S VALUES, NORTH STAR, AND ACTION STEPS TO CREATE DEEPLY ROOTED, SUSTAINABLE CHANGE. 6.WE LAUNCHED A WHITE PARTNER REFLECTION GROUP TO CREATE A SPACE FOR INDIVIDUALS TO DEEPEN THEIR UNDERSTANDING OF THEIR OWN WHITE PRIVILEGE, DIMENSIONS OF DIVERSITY, ACCUMULATED ADVANTAGE, LEVELS OF RACISM, AND MORE. WE HAD 20 PARTNERS PARTICIPATE AND THEY OVERWHELMINGLY REPORTED THAT "THE SESSIONS EXCEEDED THEIR EXPECTATIONS- AND "THEY WOULD RECOMMEND PARTICIPATING IN THE GROUP TO OTHERS." 7.WE ARE HONORED THAT PHILANTHROPY OHIO AWARDED SVP CLEVELAND ITS 2021 MICHAEL G. SHINN AWARD FOR DIVERSITY, EQUITY, AND INCLUSION. THIS JOURNEY IS TRULY A COLLECTIVE EFFORT, AND WE ARE GRATEFUL TO ALL OF THOSE WHO CONTINUE TO WALK IT WITH US.


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Board, Officers & Key Employees

Name (title)Compensation
Abigail Westbrook
Executive Di
$85,000
Chann Fowler-Spellman
President
$0
Cil Knutsen
Vice Preside
$0
Joyce Shaw
Secretary
$0
Ben Faller
Treasurer
$0
Denise Crudup
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $55,400
All other contributions, gifts, grants, and similar amounts not included above$279,611
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$335,011
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $335,438

Grants Awarded

Over the last fiscal year, Cleveland Social Venture Partners has awarded $31,000 in support to 2 organizations.

Grant RecipientAmount

BIRTHING BEAUTIFUL COMMUNITIES

Org PageRecipient Profile

Cleveland, OH

PURPOSE: ORG CAPACITY

$16,000

Cleveland, OH

PURPOSE: ORG CAPACITY

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cleveland Social Venture Partners has recieved totaling $21,550.

Awarding OrganizationAmount
Cleveland Foundation

Cleveland, OH

PURPOSE: GENERAL SUPPORT

$21,550
View Grant Recipient Profile

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