Social Venture Partners
- Assets
- $458.8k
- Revenue
- $553.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Seattle, WA
- Founding
- 11/2002
- Data as of
- 09/2023
- EIN
- 91-1894424
Organization Overview
Social Venture Partners, operating under the name Social Venture Partners Seattle, is located in Seattle, WA. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2023, Social Venture Partners Seattle employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners Seattle 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 09/2023, Social Venture Partners Seattle generated $553.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $824.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Social Venture Partners Seattle has awarded 173 individual grants totaling $5,409,278. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILANTHROPY DEVELOPMENT PROVIDE WORKSHOPS, SEMINARS AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR INDIVIDUALS IN ORDER TO A INCREASE THEIR USE OF STRATEGIC GIVING STRATEGIES B INCREASE ENGAGEMENT IN THEIR COMMUNITIES C INCREASE THEIR AMOUNT OF GIVING. LEARNING AREAS INCLUDE GRANTMAKING, VOLUNTEERING, CULTURAL COMPETENCY, ISSUES, VALUES AND INTEGRATION, NONPROFIT SECTOR, AND FINANCIAL PLANNING AND GIVING VEHICLES.
DIRECT GRANTS AND CONSULTING FOR INVESTEES SVP SEATTLE PROVIDES GRANTS TO INVESTEES GRANTEES AND CONSULTING FEES FOR PROFESSIONALS WORKING DIRECTLY WITH INVESTEES IN ONE OF THEIR CORE CAPACITY BUILDINIG AREAS.
CAPACITY BUILDING HELP NONPROFITS TO BE AS EFFECTIVE AS POSSIBLE IN DELIVERING THEIR PROGRAMS AND SERVICES BY HELPING TO BUILD THEIR ORGANIZATIONAL CAPACITY. SOCIAL VENTURE PARTNERS DEFINES ORGANIZATIONAL CAPACITY BUILDING AS THE DEVELOPMENT OF CORE SKILLS, MANAGEMENT PRACTICES, STRATEGIES AND SYSTEMS TO ENHANCE AN ORGANIZATIONS EFFECTIVENESS, SUSTAINABILITY, AND ABILITY TO FULFULL ITS MISSION. SOCIAL VENTURE PARTNERS SUPPORTS CAPACITY BUILDING FOR ITS INVESTEES BY PROVIDING CASH GRANTS, SKILLED VOLUNTEERS, PROFESSIONAL CONSULTANTS, LEADERSHIP DEVELOPMENT AND MANAGEMENT TRAINING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emiko Atherton Executive Director | Officer | 40 | $183,042 |
Pamela Oakes Director | Trustee | 10 | $0 |
Ruby Love Chair | OfficerTrustee | 10 | $0 |
Robert White Director | Trustee | 10 | $0 |
Christine Chang Director | Trustee | 10 | $0 |
David Habib Director | Trustee | 10 | $0 |
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 | $551,873 |
| Noncash contributions included in lines 1a–1f | $56,138 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,873 |
| Total Program Service Revenue | $0 |
| Investment income | $1,212 |
| 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 | $553,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,000 |
| 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. | $183,042 |
| Compensation of current officers, directors, key employees. | $29,783 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,215 |
| Pension plan accruals and contributions | $18,929 |
| Other employee benefits | $21,872 |
| Payroll taxes | $35,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,943 |
| Fees for services: Accounting | $6,226 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,747 |
| Advertising and promotion | $105 |
| Office expenses | $568 |
| Information technology | $3,826 |
| Royalties | $0 |
| Occupancy | $9,617 |
| Travel | $3,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,734 |
| Interest | $3,989 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,417 |
| All other expenses | $0 |
| Total functional expenses | $824,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,101 |
| Savings and temporary cash investments | $87,515 |
| Pledges and grants receivable | $165,233 |
| Accounts receivable, net | $0 |
| 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 | $5,914 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $458,763 |
| Accounts payable and accrued expenses | $35,159 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $143,036 |
| Other liabilities | $0 |
| Total liabilities | $178,195 |
| Net assets without donor restrictions | $129,107 |
| Net assets with donor restrictions | $151,461 |
| 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 | $458,763 |
Grants Awarded
Over the last fiscal year, Social Venture Partners has awarded $95,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHOOSE 180 PURPOSE: Operating support | $25,000 |
UNITED INDIANS OF ALL TRIBES FOUNDATION PURPOSE: Operating support | $5,000 |
LOOKS LISTEN & LEARN PURPOSE: Operating support | $25,000 |
RVC SEATTLE PURPOSE: Operating support | $25,000 |
STEM PATH INNOVATION NETWORK PURPOSE: Operating support | $15,000 |