Social Venture Partners Los Angeles Inc

Organization Overview

Social Venture Partners Los Angeles Inc is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Social Venture Partners Los Angeles Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners Los Angeles Inc 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 Los Angeles Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 31.1% 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 Los Angeles Inc has awarded 104 individual grants totaling $2,674,986. 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 JUSTICE PARTNERS LOS ANGELES (SJP) INVESTS IN, EXPANDS, AND CONNECTS (CON ON SCH O) COMMUNITIES ADVANCING RACIAL AND SOCIAL JUSTICE. WE SUPPORT THE CREATION OF SYSTEMS AND STRUCTURES OF CARE FOR THE WELL-BEING AND LIBERATION OF ALL PEOPLE. WE ADVANCE RACIAL AND SOCIAL JUSTICE BY PROVIDING GRANTS, TRAINING, PEER LEARNING, AND HEALING SPACES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RACIAL EQUITY IN HOMELESSNESS INITIATIVE: THE RACIAL EQUITY IN HOMELESSNESS INITIATIVE TAKES A THREE-PRONGED APPROACH TO SHIFTING THE CULTURE AND WORKFORCE OF THE HOMELESS RESPONSE SYSTEM, THROUGH RECRUITMENT OF A DIVERSE TALENT POOL, HIGHLIGHTING AND SUPPORTING LEADERS WHO CENTER A RACIAL JUSTICE LENS, AND RETAINING TOP TALENT BY CREATING AN INCLUSIVE AND EQUITABLE CULTURE. WE HOST RECRUITMENT EVENTS TO DRAW LEADERS OF COLOR INTO LEADERSHIP-LEVEL POSITIONS IN THE SECTOR, A RACIAL EQUITY FELLOWSHIP FOR MID-LEVEL LEADERS IN THE SECTOR READY TO STEP INTO EXECUTIVE LEVEL POSITIONS, AND TRAINING AND SUPPORTS FOR C-SUITE LEADERS TO INTEGRATE AN EQUITY LENS INTO THEIR ORGANIZATION'S CULTURE AND WORK. SEE SCHEDULE O FOR MORE DETAILS.


PHILANTHROPY DEVELOPMENT & COMMUNITY BUILDING: SJP ENGAGES MEMBERS ("PARTNERS") AND THE BROADER COMMUNITY TO DEVELOP THEIR KNOWLEDGE AND SKILLS IN SUPPORTING THE WORK OF SOCIAL JUSTICE AND ANTI-RACISM IN LOS ANGELES AND BEYOND. WE HOST DISCUSSIONS AND TRAININGS WHERE PEOPLE LEARN FROM EACH OTHER, AS WELL AS FROM NONPROFIT AND COMMUNITY LEADERS. THROUGH SJP'S ACTIVITIES AND COMMUNITY EVENTS, WE ALSO ACTIVELY CULTIVATE CONNECTIONS AND RELATIONSHIPS WITH CROSS-SECTOR ORGANIZATIONS IN ORDER TO CONNECT AND COLLABORATE TO SUPPORT COMMUNITY-LEVEL CHANGE AND AMPLIFY OUR IMPACT. SEE SCHEDULE O FOR MORE DETAILS.


SYSTEMS CHANGE ACCELERATOR: SJP SUPPORTS A COHORT OF EARLY-STAGE SYSTEMS CHANGE INITIATIVES WITH A COMBINATION OF SEED FUNDING, PEER LEARNING, AND COACHING. SJP PROVIDES A RANGE OF IN-KIND ASSISTANCE BASED ON THE NONPROFITS' PRIORITIES, INCLUDING STRATEGIC PLANNING, COMMUNICATIONS, EXECUTIVE COACHING, LEADERSHIP AND ORGANIZATIONAL DEVELOPMENT, FINANCE, AND FUNDRAISING. SEE SCHEDULE O FOR MORE DETAILS.


FAST PITCH: SJP RECOGNIZED A GAP IN THE LOS ANGELES NONPROFIT LANDSCAPE IN THAT THERE WAS NO FORUM FOR NONPROFIT LEADERS WITH EMERGING, VISIONARY SYSTEMS CHANGE INITIATIVES TO SHARE THEIR WORK WITH POTENTIAL SUPPORTERS. SJP'S SOLUTION: FAST PITCH. IN A TYPICAL YEAR, WE HOST OUR FLAGSHIP FAST PITCH PROGRAM AND EVENT, 10 WEEKS OF TRAINING AND INDIVIDUALIZED COACHING FOR OUR SYSTEMS CHANGE ACCELERATOR LEADERS ON HOW TO SUCCINCTLY AND POWERFULLY TELL THEIR STORY IN A THREE-MINUTE ELEVATOR PITCH. THE TRAINING PROGRAM CULMINATES IN AN EVENT ATTENDED BY 100S OF ANGELENOS WHERE WE SPOTLIGHT THE SYSTEMS CHANGE LEADERS AND RAISE FUNDS TO COLLECTIVELY SUPPORT THEIR WORK. SINCE THE PROGRAM BEGAN IN 2008, FAST PITCH ALUMNI HAVE RAISED OVER $4.5M THAT THEY ATTRIBUTE TO THEIR FAST PITCH EXPERIENCE. IN ADDITION, THE PROGRAM HAS BEEN REPLICATED BY 19 OTHER ORGANIZATIONS IN THE U.S. AND CANADA. WE DID NOT HOLD A FAST PITCH EVENT IN 2021, AS WE CHOSE TO EXTEND THE 2019-2020 ACCELERATOR PROGRAM AN ADDITIONAL YEAR, DUE TO THE IMPACT OF THE COVID PANDEMIC ON OUR PARTNER ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine Margiotta
Executive Director
$135,526
Alica Lara
Director, Secretary (left Jan 2021)
$0
Mark Loranger
See Sch O
$0
Alina Sanchez
Chairperson
$0
Carolyn Rojo
Director, Treasurer
$0
Ashley Boardman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $55,782
All other contributions, gifts, grants, and similar amounts not included above$2,497,038
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,552,820
Total Program Service Revenue$174,873
Investment income $455
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 $2,728,148

Grants Awarded

Over the last fiscal year, Social Venture Partners Los Angeles Inc has awarded $1,547,300 in support to 41 organizations.

Grant RecipientAmount

Los Angeles, CA

PURPOSE: 2021 Supporting Frontline Workers Grant

$100,000

A STEP TO FREEDOM

PURPOSE: 2021 Supporting Frontline Workers Grant

$100,000

TIMELIST GROUP INC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: 2021 Supporting Frontline Workers Grant

$100,000

NORTH VALLEY CARING SERVICES INC

Org PageRecipient Profile

North Hills, CA

PURPOSE: 2021 Supporting Frontline Workers Grant

$96,600

ROYAL PALM CREST

PURPOSE: 2021 Supporting Frontline Workers Grant

$93,150

Los Angeles, CA

PURPOSE: 2021 Supporting Frontline Workers Grant

$65,550
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Social Venture Partners Los Angeles Inc has recieved totaling $686,568.

Awarding OrganizationAmount
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: TO PROMOTE A SECTOR-WIDE COMMITMENT TO RACIAL EQUITY AND INCLUSION IN THE HOMELESS SECTOR BY LAUNCHING AN INITIATIVE TO RECRUIT, RETAIN, AND EQUIP PEOPLE OF COLOR AND PEOPLE WITH LIVED EXPERIENCE TO LEAD IN THE WORK TO END HOMELESSNESS IN LA COUNTY.

$250,000
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: TO PROMOTE A SECTOR-WIDE COMMITMENT TO RACIAL EQUITY AND INCLUSION IN THE HOMELESS SECTOR BY LAUNCHING AN INITIATIVE TO RECRUIT, RETAIN, AND EQUIP PEOPLE OF COLOR AND PEOPLE WITH LIVED EXPERIENCE TO LEAD IN THE WORK TO END HOMELESSNESS IN LA COUNTY.

$250,000
The Annenberg Foundation

Conshohocken, PA

PURPOSE: GENERAL OPERATING SUPPORT

$75,000
Ralph M Parsons Foundation

Los Angeles, CA

PURPOSE: FOR GENERAL SUPPORT OF NONPROFIT CAPACITY BUILDING PROGRAMS

$50,000
Goldhirsh Foundation

Boston, MA

PURPOSE: 2021 MY LA2050 GRANTS CHALLENGE

$30,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$20,000
View Grant Recipient Profile

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