2016-08-10T13:23:40-05:00 2016-03-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2015-04-01 454230249 SOCIAL VENTURE PARTNERS BOSTON INC SOCI 6172216163 71 COMMERCIAL STREET NO 139 BOSTON MA 02109 DARCY MADDEN EXECUTIVE DIRECTOR 6172216163 2016-08-10 1 LINDA M SMITH CPA P00316105 5088717178 2016-08-10 2015 2016-12-15 16:53:06Z X SVP BOSTON DARCY MADDEN 71 COMMERCIAL STREET NO 139 BOSTON MA 02109 489300 0 X WWW.SVPBOSTON.ORG X 2012 MA SVP BOSTON, A GROUP OF DIVERSE, HIGHLY SKILLED PROFESSIONALS, COLLABORATES WITH CAREFULLY SELECTED BOSTON AREA NON-PROFITS BY INVESTING THEIR TIME, SKILLS, AND MONEY TO INCREASE THE CAPACITY OF THESE NON-PROFITS TO DELIVER MEANINGFUL SOCIAL IMPACT. IN ITS COMBINATION OF FUNDING AND VOLUNTEERING, SVP BOSTON PROVIDES A UNIQUE, TARGETED, AND HIGHLY LEVERAGED PHILANTHROPIC FUNDING SOURCE TO THE BOSTON AREA NON-PROFIT COMMUNITY, WHILE ALSO ENABLING ITS GRANT RECIPIENTS TO ACCESS STRATEGIC-LEVEL VOLUNTEERS, ADVICE, CONTACTS, AND ORGANIZATIONAL PRACTICES.IN ADDITION TO PROVIDING FUNDING AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED BOSTON AREA NONPROFITS, SVP BOSTON ALSO SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. AS SUCH, SVP BOSTON IS A CATALYST FOR CHARITABLE GIVING AND FOR MAKING CHARITABLE GIFTS MORE EFFECTIVELY IN THE BOSTON AREA. 8 8 3 70 0 0 428475 489280 0 0 47 20 0 0 428522 489300 176000 165500 0 0 178983 241701 0 0 75531 32537 122169 387520 529370 41002 -40070 223369 185810 4525 7036 218844 178774 X SVP BOSTON, A GROUP OF DIVERSE, HIGHLY SKILLED PROFESSIONALS, COLLABORATES WITH CAREFULLY SELECTED BOSTON AREA NONPROFITS BY INVESTING THEIR TIME, SKILLS, AND MONEY TO INCREASE THE CAPACITY OF THESE NONPROFITS TO DELIVER MEANINGFUL SOCIAL IMPACT. IN ITS COMBINATION OF FUNDING AND VOLUNTEERING, SVP BOSTON PROVIDES A UNIQUE, TARGETED, AND HIGHLY LEVERAGED PHILANTHROPIC FUNDING SOURCE TO THE BOSTON AREA NONPROFIT COMMUNITY, WHILE ALSO ENABLING ITS GRANT RECIPIENTS TO ACCESS STRATEGIC-LEVEL VOLUNTEERS, ADVICE, CONTACTS, AND ORGANIZATIONAL PRACTICES.IN ADDITION TO PROVIDING FUNDING AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED BOSTON AREA NONPROFITS, SVP BOSTON ALSO SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. AS SUCH, SVP BOSTON IS A CATALYST FOR CHARITABLE GIVING AND FOR MAKING CHARITABLE GIFTS MORE EFFECTIVELY IN THE BOSTON AREA. 0 0 165500 165500 GRANTMAKING: TO HELP ITS PORTFOLIO OF CAREFULLY SELECTED NONPROFITS BUILD THEIR CAPACITY TO DELIVER MEANINGFUL SOCIAL IMPACT, SVP PROVIDES VOLUNTEER EXPERTISE ALONGSIDE GENERAL OPERATING SUPPORT GRANTS. THE GRANTS ARE TYPICALLY USED BY THESE NONPROFITS TO MAKE INVESTMENTS IN STAFF, PROCESSES, OR SYSTEMS THAT WILL CONTRIBUTE TO THE NONPROFITS LONG-TERM SUSTAINABILITY OR GROWTH. 180682 NONPROFIT CAPACITY BUILDING: TO HELP ITS PORTFOLIO OF CAREFULLY SELECTED NONPROFITS BUILD THEIR CAPACITY TO DELIVER MEANINGFUL SOCIAL IMPACT, SVP PROVIDES VOLUNTEER EXPERTISE ALONGSIDE GENERAL OPERATING SUPPORT GRANTS. THE VOLUNTEER EXPERTISE SVP BOSTON BRINGS IS STRATEGIC BUSINESS COUNSEL, OFFERING GUIDANCE IN AREAS SUCH AS STRATEGIC PLANNING, GROWTH AND REPLICATION, HUMAN RESOURCES, MARKETING AND COMMUNICATIONS AND SUCH. IN FY 2016, SVP BOSTON ESTIMATES THAT ITS PARTNERS DONATED APPROXIMATELY 2,223 HOURS TO THESE NONPROFITS. BASED ON AN AVERAGE RATE OF $150 FOR PRO BONO BUSINESS CONSULTING SERVICES, WHICH IS BENCHMARKED AGAINST INDUSTRY STANDARDS, SVP BOSTON ESTIMATES THAT THE VALUE OF ITS VOLUNTEERING WAS APPROXIMATELY $333,450. THIS AMOUNT OF IN-KIND SERVICES IS NOT INCLUDED AS A PROGRAM EXPENSE IN THE NUMBERS REPORTED ON THIS FORM 990. 45171 PHILANTHROPY DEVELOPMENT: IN ADDITION TO PROVIDING GRANTS AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED NONPROFITS, SVP BOSTON SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA. IT DOES SO BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. SVP BOSTON EDUCATES ITS PARTNERS ON ISSUES SUCH AS GRANTMAKING, SECTORAL ISSUES, NONPROFIT MANAGEMENT, AND SUCH THROUGH FORUMS, PANEL DISCUSSIONS, AND EVENTS. 391353 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 3 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 1 0 0 MA X NANCY PARR 4132197791 71 COMMERCIAL STREET NO 139 BOSTON MA 02109 DANIEL ROSS PRESIDENT 1.00 X X 0 0 0 DAVID FERREIRA CLERK 1.00 X X 0 0 0 DON HAWLEY TREASURER 1.00 X X 0 0 0 JEFFREY KUSHNER DIRECTOR 1.00 X 0 0 0 MARY LOU BOUTWELL DIRECTOR 1.00 X 0 0 0 LARRY WALLACH DIRECTOR 1.00 X 0 0 0 LAUREL FERRETTI DIRECTOR 1.00 X 0 0 0 KATHY SPIEGELMAN DIRECTOR 1.00 X 0 0 0 DARCY MADDEN EXECUTIVE DIRECTOR (EFF 8/2015) 40.00 X 47698 0 0 MARJORIE RINGROSE DIR SOCIAL IMPACT & ED (THRU 8/2015) 40.00 X 94164 0 0 141862 0 0 0 0 0 0 0 338780 150500 489280 20 20 489300 0 0 20 X 165500 165500 133880 84872 13388 35620 89238 51915 26665 10658 18583 11181 3250 4152 4985 4985 78840 54374 24466 3558 166 3392 2135 2135 2312 2312 1708 1091 282 335 MEMBERSHIP DUES/FEES 13160 6927 6233 EVENTS EXPENSE 10305 10132 173 MISCELLANEOUS 2817 1240 1577 PROFESSIONAL DEVELOPMEN 2349 1643 579 127 529370 391353 62486 75531 223369 173269 10250 2291 223369 185810 4525 7036 4525 7036 X 218844 158592 20182 218844 178774 223369 185810 -40070 0 X 1 X 0 0 0 X 303587 426064 428475 489280 1647406 303587 426064 428475 489280 1647406 14226 1633180 268 119 47 20 454 5 5 1647865 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2012 AMOUNT: $ 5. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 NEW KENSINGTON GROUP 4 JOHN PIERSON LN N READING MA 01864 FUNDRAISING COUNSEL FOR GRANTEES 0 0 0 29818 29818 1 FAMILIES FIRST PARENTING 99 BISHOP ALLEN DRIVE CAMBRIDGE MA 02139 043413397 501(C)(3) 33000 FMV N/A GENERAL OPERATING SUPPORT MY LIFE MY CHOICE 989 COMMONWEALTH AVENUE BOSTON MA 02215 042526357 501(C)(3) 33000 FMV N/A GENERAL OPERATING SUPPORT THE BOTTOM LINE INC 500 AMORY STREET SUITE 3 JAMAICA PLAIN MA 02130 043351427 501(C)(3) 33000 FMV N/A GENERAL OPERATING SUPPORT PHOENIX CHARTER ACADEMY NETWORK 59 NICHOLS STREET CHELSEA MA 02150 204761182 501(C)(3) 33500 FMV N/A GENERAL OPERATING SUPPORT SILVER LINING MENTORING 727 ATLANTIC AVENUE 3RD FLOOR BOSTON MA 02111 043575764 501(C)(3) 33000 FMV N/A GENERAL OPERATING SUPPORT 5 0 PART I, LINE 2: SVP MEMBERS ENGAGE IN A FOUR MONTH, SOPHISTICATED DUE DILIGENCE PROCESS TO SELECT THE NONPROFIT ORGANIZATIONS THAT RECEIVE OUR SUPPORT. OUR GRANTS ARE MADE TO THESE CAREFULLY SELECTED NONPROFITS FOR THE PURPOSE OF GENERAL OPERATING SUPPORT. THIS IS CLEARLY LAID OUT IN ALL APPLICATION MATERIAL AND GRANT DISTRIBUTION MATERIAL PROVIDED TO THE NONPROFITS WE SUPPORT. ADDITIONALLY, EACH NONPROFIT IS ASSESSED ANNUALLY ACCORDING TO MUTUALLY AGREED PERFORMANCE METRICS AND EACH NONPROFIT REPORTS HOW THE SVP GRANT FUNDS WERE USED. ANNUAL PROGRESS FOR EACH NONPROFIT IS THEN VETTED BY OUR BOARD OF DIRECTORS AND FULL PARTNERSHIP, WHICH ELECTS WHETHER TO RENEW SUPPORT. UPON A RENEWAL DECISION, ADDITIONAL GRANTS ARE MADE, SUBJECT TO THE SAME MONITORING AND REPORTING REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON THE ANNUAL BUDGET AND ON THE BOARD MEMBERSHIP FORM 990, PART VI, SECTION A, LINE 8B N/A FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 IS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15A ON AN ANNUAL BASIS, THE FULL BOARD OF DIRECTORS PROVIDES THE EXECUTIVE DIRECTOR A PERFORMANCE REVIEW. COMPENSATION ADJUSTMENTS ARE DISCUSSED AND DECISIONS ARE BASED ON EXECUTIVE DIRECTOR PERFORMANCE AS WELL AS BENCHMARKS AGAINST SIMILAR LEADERSHIP POSITIONS IN THIS GEOGRAPHIC REGION, ORGANIZATIONS OF A SIMILAR SIZE, AND ORGANIZATIONS WITH A SIMILAR MISSION. RESULTS OF THE DISCUSSION ARE FULLY RECORDED IN MEETING MINUTES, WHICH ARE ACCESSIBLE BY ALL SVP PARTNERS. BOARD MEMBERS AND OFFICERS OF THE CORPORATION RECEIVE NO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PROFESSIONAL MARKETING & COMMUNICATION: PROGRAM SERVICE EXPENSES 24,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 24,466. TOTAL EXPENSES 49,022. FUNDRAISING CONSULTATION FOR GRANTEES: PROGRAM SERVICE EXPENSES 29,818. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,818.