2023-10-12T12:57:04-05:00 2022-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-01-01 454230249 SOCIAL VENTURE PARTNERS BOSTON INC SOCI 6174750930 71 COMMERCIAL STREET 139 BOSTON MA 02109 JASON WILLIAMS CHIEF EXECUTIVE OFFICER 6174750930 2023-10-11 1 JASON WILLIAMS 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2023-10-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SVP BOSTON JASON WILLIAMS 71 COMMERCIAL STREET 139 BOSTON MA 02109 436162 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 88 0 0 479979 403260 0 0 0 0 0 32902 479979 436162 122500 146750 0 0 262671 228172 0 0 78258 56480 84030 441651 458952 38328 -22790 131950 164025 64704 119569 67246 44456 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 229570 146750 0 GRANTMAKING:SVP BOSTON PROVIDES GENERAL OPERATING SUPPORT GRANTS TO A PORTFOLIO OF CAREFULLY SELECTED NONPROFITS. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE ORGANIZATION PROVIDED CASH GRANTS TOTALING $146,750 AND $122,500 TO ELEVEN AND SEVEN NONPROFIT ORGANIZATIONS, RESPECTIVELY.NONPROFIT CAPACITY BUILDING:SVP BOSTON SUPPORTS CAPACITY BUILDING FOR ITS INVESTEES BY PROVIDING CASH GRANTS AND SKILLED VOLUNTEERS. SVP BOSTON HELPS NONPROFITS BE AS EFFECTIVE AS POSSIBLE IN DELIVERING THEIR PROGRAMS AND SERVICES BY HELPING TO BUILD THEIR ORGANIZATIONAL CAPACITY. SVP BOSTON DEFINES ORGANIZATIONAL CAPACITY BUILDING AS THE DEVELOPMENT OF CORE SKILLS, MANAGEMENT PRACTICES, STRATEGIES, AND SYSTEMS TO ENHANCE AN ORGANIZATION'S EFFECTIVENESS, SUSTAINABILITY, AND ABILITY TO FULFILL ITS MISSION. PHILANTHROPY DEVELOPMENT:SVP BOSTON PROVIDES WORKSHOPS, SEMINARS, AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR ITS PARTNERS IN ORDER TO (1) INCREASE THEIR USE OF STRATEGIC GIVING STRATEGIES; (2) INCREASE ENGAGEMENT IN THEIR COMMUNITIES; AND (3) INCREASE THEIR AMOUNT OF GIVING. LEARNING AREAS INCLUDE GRANT MAKING, VOLUNTEERING, SECTORAL ISSUES AND THE NONPROFIT SECTOR. 229570 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X JASON WILLIAMS CHIEF EXECUTIVE OFFICER 6174750930 71 COMMERCIAL STREET 139 BOSTON MA 02109 MONICA NOETHER TREASURER 1.00 X X 0 0 0 BILL ASHER CO-CHAIR 1.00 X X 0 0 0 MARVA SEROTKIN CO-CHAIR 1.00 X X 0 0 0 KEYUR PATEL FORMER DIRECTOR 1.00 X X 0 0 0 JASON ALLEN FORMER DIRECTOR 1.00 X 0 0 0 GARY GARBER FORMER DIRECTOR 1.00 X 0 0 0 JOHN VALPEY FORMER CLERK 1.00 X X 0 0 0 CHARLES DANIELS FORMER DIRECTOR 1.00 X 0 0 0 TERRIE PERELLA DIRECTOR 1.00 X 0 0 0 JOEL ROSEN DIRECTOR 1.00 X 0 0 0 MEGAN WILLIAMS DIRECTOR 1.00 X 0 0 0 NIKHIL GAVAI DIRECTOR 1.00 X 0 0 0 KIM WILLINGHAM DIRECTOR 1.00 X 0 0 0 JASON WILLIAMS CHIEF EXECUTIVE OFFICER 40.00 X 145035 0 10225 145035 0 10225 1 0 1 0 0 175750 227510 403260 STIMULUS/COVID CREDITS 900099 32902 32902 32902 436162 32902 0 0 146750 146750 155644 42121 68075 45448 55593 22410 25464 7719 16935 5815 6520 4600 25010 25010 9263 723 4680 3860 8269 8269 1982 287 903 792 3529 321 2343 865 2389 2389 EVENT AND EDUCATION SES 19214 5106 14108 MEMBERSHIP DUES/FEES 6000 6000 PROFESSIONAL DEVELOPMEN 5310 37 5050 223 MISCELLANEOUS EXPENSES 3064 2421 643 458952 229570 151124 78258 120447 151649 2520 0 8983 11029 1347 131950 164025 8454 13319 56250 106250 64704 119569 X 58633 44456 8613 0 67246 44456 131950 164025 -22790 0 X 1 X 0 0 0 X 459526 468058 478279 479979 403260 2289102 459526 468058 478279 479979 403260 2289102 61415 2227687 69 1 1 0 71 32902 32902 2322075 0.95940 0.98490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: STIMULUS/COVID CREDITS - 2022 AMOUNT: $ 32,902. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 STRATEGIES FOR YOUTH PO BOX 390174 CAMBRIDGE MA 02139 271389973 501(C)(3) 25000 0 FMV N/A GENERAL OPERATING SUPPORT ABOUT FRESH 69 SHIRLEY STREET BOSTON MA 02119 462848535 501(C)(3) 18750 0 FMV N/A GENERAL OPERATING SUPPORT BIKES NOT BOMBS INC 284 ARMORY STREET JAMAICA PLAIN MA 02130 043138753 501(C)(3) 25000 0 FMV N/A GENERAL OPERATING SUPPORT LEADERSHIP BRAINERY INC 111 TREMONT STREET UNIT 501 BOSTON MA 02135 830705607 501(C)(3) 25000 0 FMV N/A GENERAL OPERATING SUPPORT BREAKTIME UNITED INC 170 PORTLAND STREET BOSTON MA 02114 842301372 501(C)(3) 25000 0 FMV N/A GENERAL OPERATING SUPPORT EDEN 717 SOUTH STREET ROSLINDALE MA 02131 853431173 501(C)(3) 25500 0 FMV N/A 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, WHICH ELECTS WHETHER TO RENEW SUPPORT. UPON A RENEWAL DECISION, ADDITIONAL GRANTS ARE MADE, SUBJECT TO THE SAME MONITORING AND REPORTING REQUIREMENTS. X 0 0 0 0 0 0 0 0 0 JASON WILLIAMS CHIEF EXECUTIVE OFFICER 145035 0 0 0 0 0 0 0 10225 0 155260 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B N/A FORM 990, PART VI, SECTION B, LINE 11B THE BOARD PRESIDENT AND TREASURER REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. 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 CHIEF EXECUTIVE OFFICER A PERFORMANCE REVIEW. COMPENSATION ADJUSTMENTS ARE DISCUSSED AND DECISIONS ARE BASED ON CHIEF EXECUTIVE OFFICER 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. BOARD MEMBERS AND OFFICERS OF THE CORPORATION RECEIVE NO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST