Social Venture Partners Connecticut Inc

Organization Overview

Social Venture Partners Connecticut Inc is located in Westport, CT. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Social Venture Partners Connecticut Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners Connecticut 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 06/2022, Social Venture Partners Connecticut Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Social Venture Partners Connecticut Inc has awarded 26 individual grants totaling $843,095. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCING EQUITABLE SOLUTIONS FOR CLOSING THE OPPORTUNITY GAP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOCIAL VENTURE PARTNERS CONNECTICUT, INC. (SVP) WORKS WITH NONPROFIT ORGANIZATIONS, STATE GOVERNMENT, AND THE PRIVATE SECTOR TO BUILD MORE EQUITABLE AND EFFECTIVE WORKFORCE DEVELOPMENT AND EARLY CHILD CARE AND EDUCATION SYSTEMS AND PROGRAMS, AND SUPPORT GREATER RACIAL EQUITY ACROSS CONNECTICUT'S ECONOMIC AND SOCIAL SYSTEMS. SVP SUPPORTS THE DEVELOPMENT AND EXECUTION OF COMPREHENSIVE STRATEGIES AND INITIATIVES IN THESE AREAS TO SUPPORT UNDERSERVED POPULATIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,864,307
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,864,307
Total Program Service Revenue$0
Investment income $2,279
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 $1,866,586

Grants Awarded

Over the last fiscal year, Social Venture Partners Connecticut Inc has awarded $245,595 in support to 7 organizations.

Grant RecipientAmount

STATE OF CONNECTICUT

PURPOSE: Support of COVID 19 mitigation and recovery advisors

$125,000

OPEN DOORS SHELTER INC

Org PageRecipient Profile

Norwalk, CT

PURPOSE: General operating support

$25,000

Norwalk, CT

PURPOSE: General operating support

$25,000

Hartford, CT

PURPOSE: General operating support

$25,000

THE GREATER BRIDGEPORT OPPORTUNITIES INDUSTRIALIZATION CENTER

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: General operating support

$25,000

CAREER RESOURCES INC

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: Support of Career Resources development resources and general operating support

$13,095
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Social Venture Partners Connecticut Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Newcity Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$5,000
Elizabeth And Joseph Massoud Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$5,000
View Grant Recipient Profile

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