2015-09-21T13:05:07-05:00 2015-03-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2014-04-01 454230249 SOCIAL VENTURE PARTNERS BOSTON INC SOCI 6173123772 11 CONCORD STREET CHARLESTOWN MA 02129 MARJORIE RINGROSE EXECUTIVE DIRECTOR 6173123772 2015-09-21 1 SANDRA M BROWN CPA P01614103 5088717178 2015-09-21 2014 2016-02-25 16:41:14Z SVP BOSTON MARJORIE RINGROSE 11 CONCORD STREET CHARLESTOWN MA 02129 428522 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 2 59 0 0 426064 428475 0 0 119 47 0 0 426183 428522 213500 176000 0 0 129380 178983 0 0 22000 36573 32537 379453 387520 46730 41002 182367 223369 4525 4525 177842 218844 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 177183 176000 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. 108796 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 2015, SVP BOSTON ESTIMATES THAT ITS PARTNERS DONATED APPROXIMATELY 2,115 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 $317,250. THIS AMOUNT OF IN-KIND SERVICES IS NOT INCLUDED AS A PROGRAM EXPENSE IN THE NUMBERS REPORTED ON THIS FORM 990. 24869 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. 310848 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 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 2 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 MARJORIE RINGROSE EXECUTIVE DIRECTOR 6173123772 11 CONCORD STREET CHARLESTOWN MA 02129 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 STEFANIA MALLETT 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 SANDRA LIPSON DIRECTOR 1.00 X 0 0 0 MARJORIE RINGROSE EXECUTIVE DIRECTOR 50.00 X 99996 0 0 99996 0 0 0 0 0 0 0 428475 428475 47 47 428522 0 0 47 176000 176000 99996 64997 15000 19999 65004 42253 22751 13983 8852 3465 1666 6331 6331 4422 4422 912 912 1995 1089 571 335 MEMBERSHIP DUES/FEES 9760 9760 EVENTS EXPENSE 6970 6820 150 MISCELLANEOUS 1357 287 1070 PROFESSIONAL DEVELOPMEN 790 790 387520 310848 54672 22000 182367 223369 182367 223369 4525 4525 4525 4525 X 177842 218844 177842 218844 182367 223369 41002 0 X 1 X 0 0 0 X 303587 426064 428475 1158126 303587 426064 428475 1158126 14866 1143260 268 119 47 434 5 5 1158565 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2012 AMOUNT: $ 5. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: TAX POSITION: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS OF MARCH 31, 2015 AND 2014, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. 1 INNERCITY WEIGHTLIFTING INC 23 HARDWICK STREET CAMBRIDGE MA 02141 271333425 501(C)(3) 34000 FMV N/A GENERAL OPERATING SUPPORT LIFT INC (BOSTON) C/O BCYF VINE STREET COMMUNITY CENTER 339 DUDLEY STREET BOSTON MA 02119 522168409 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) 33000 FMV N/A GENERAL OPERATING SUPPORT BOSTON DEBATE LEAGUE 225 FRIEND STREET SUITE 401 BOSTON MA 02114 593789722 501(C)(3) 10000 FMV N/A GENERAL OPERATING SUPPORT ADOPTION AND FOSTER CARE MENTORING INC 727 ATLANTIC AVENUE 3RD FLOOR BOSTON MA 02111 043575764 501(C)(3) 33000 FMV GENERAL OPERATING SUPPORT 6 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