Social Venture Partners International
- Assets
- $2.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 68-0492186
Organization Overview
Social Venture Partners International is located in Seattle, WA. The organization was established in 2003. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Social Venture Partners International employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners International 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 International generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $836.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL VENTURE PARTNERS INTERNATIONAL CULTIVATES AND EXPANDS A NETWORK TO CATALYZE MORE RESOURCES TOWARDS CROSS SECTOR AND MULTI-COMMUNITY SOLUTIONS AND INNOVATIONS FOR SYSTEMS AND CHANGE, DEMONSTRATE WAYS TO DISRUPT PHILANTHROPY AS USUAL FOR MORE PROXIMITY AND ACCOUNTABILITY, AND INFLUENCE PHILANTHROPISTS TO PROVIDE COMMUNITIES WHAT THEY NEED MOST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNOVATION/EXPANSION: ALL ACTIVITIES RELATED TO ENGAGING, BUILDING, AND EXPANDING THE SVP NETWORK AND ITS AFFILIATES AND PARTNERS. SVP INTERNATIONAL HARNESSES THE POWER OF THE NETWORK TO INNOVATE ON IDEAS, CROSS-COMMUNITY COLLABORATION, EXPAND INTO NEW COMMUNITIES, AND FINDING NEW WAYS TO DISRUPT PHILANTHROPY TO MAKE IT MORE PROXIMATE WITHIN THE NETWORK AND GREATER PHILANTHROPIC SECTOR.
STRATEGY TRANSITION: PHILANTHROPIC SECTOR LEADERSHIP, DONOR SECTOR FIELD BUILDING, THOUGHT LEADERSHIP, AND STRATEGIC PARTNER ENGAGEMENT. THIS ALSO INCLUDES THE WORK DONE TO SHIFT SVP FROM A BACKBONE ORGANIZATION TO A LEADER IN PHILANTHROPY.
COMMUNICATIONS: IN 2021 WE MADE THE ACCOUNTING DECISION TO PULL OUT "COMMUNICATIONS" FROM CORE-SERVICE, SPECIFICALLY TO CALL OUT THE COMMUNICATIONS WORK DONE WITHIN THE LARGER AFFILIATE AND DONOR NETWORK, AS WELL AS THE DIRECT COMMS RELATED SUPPORT PROVIDED (WEBSITE, DIGITAL PLATFORMS, ETC) AND EXTERNAL DONOR AND PARTNER ORGANIZATION ENGAGEMENT, REACHING MORE DONORS AND PEOPLE IN COMMUNITIES FOR LEARNING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sudha Nandagopal CEO | Officer | 40 | $143,698 |
Jennie Arbogash Director | Trustee | 4 | $4,800 |
Mike Cadigan Chair | OfficerTrustee | 8 | $0 |
Madge Vasquez Vice Chair | OfficerTrustee | 4 | $0 |
Sofia Michelakis Past Chair | OfficerTrustee | 8 | $0 |
Kenji Hosokawa Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $180,965 |
| All other contributions, gifts, grants, and similar amounts not included above | $999,285 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,180,250 |
| Total Program Service Revenue | $275,000 |
| Investment income | $155 |
| 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 | $1,458,298 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $201,995 |
| Compensation of current officers, directors, key employees. | $14,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,581 |
| Payroll taxes | $36,358 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43 |
| Fees for services: Other | $182,313 |
| Advertising and promotion | $0 |
| Office expenses | $11,521 |
| Information technology | $43,215 |
| Royalties | $0 |
| Occupancy | $1,452 |
| Travel | $2,206 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,778 |
| Insurance | $1,741 |
| All other expenses | $0 |
| Total functional expenses | $836,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,475 |
| Savings and temporary cash investments | $1,429,169 |
| Pledges and grants receivable | $287,351 |
| Accounts receivable, net | $15,674 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,446 |
| Net Land, buildings, and equipment | $1,426 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $781,613 |
| Other assets | $0 |
| Total assets | $2,529,154 |
| Accounts payable and accrued expenses | $87,756 |
| Grants payable | $0 |
| Deferred revenue | $17,741 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $105,497 |
| Net assets without donor restrictions | $1,931,353 |
| Net assets with donor restrictions | $492,304 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,529,154 |
Grants Awarded
Over the last fiscal year, Social Venture Partners International has awarded $70,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: General Operating Support | $10,000 |
Chicago, IL PURPOSE: General Operating Support | $10,000 |
Renton, WA PURPOSE: General Operating Support | $10,000 |
Philadelphia, PA PURPOSE: General Operating Support | $10,000 |
Cincinnati, OH PURPOSE: General Operating Support | $10,000 |
Tucson, AZ PURPOSE: General Operating Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Social Venture Partners International has recieved totaling $886,988.
| Awarding Organization | Amount |
|---|---|
Raikes Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT (2022-2024) | $600,000 |
Raikes Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Silicon Valley Social Venture Fund Redwood City, CA PURPOSE: GENERAL OPERATING SUPPORT | $23,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,278 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $19,900 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $10,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evergreen Social Impact Bothell, WA | $19,289,930 | $2,061,616 |
B1g1 Giving Portland, OR | $244,433 | $1,502,291 |
Social Venture Partners International Seattle, WA | $2,529,154 | $1,458,298 |
Alaska Village Initiatives Anchorage, AK | $590,536 | $539,424 |
Idaho Nonprofit Center Inc Boise, ID | $487,542 | $595,264 |
Swedemom Center Of Giving Mcminnville, OR | $65 | $275,031 |
Orcasong Institute Portland, OR | $974,234 | $97,911 |
Puget Sound Grantwriters Association Olympia, WA | $76,785 | $0 |
Roundglass Foundation Bellevue, WA | $165,481 | $0 |