2024-11-13T14:59:15-06:00 2023-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-01-01 454230249 SOCIAL VENTURE PARTNERS BOSTON INC SOCI 6174750930 71 COMMERCIAL STREET 139 BOSTON MA 02109 BILL ASHER CO-CHAIR 6174750930 2024-11-13 1 0 SANDRA M BROWN CPA P01614103 5088717178 2024-11-13 2023 2024-10-15 13:58:12Z SVP BOSTON BILL ASHER 71 COMMERCIAL STREET 139 BOSTON MA 02109 313183 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 5 80 0 0 403260 313183 0 0 0 0 32902 0 436162 313183 146750 0 0 0 228172 319579 0 0 99570 84030 86522 458952 406101 -22790 -92918 164025 45998 119569 94460 44456 -48462 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 137995 0 0 GRANTMAKING:SVP BOSTON PROVIDES GENERAL OPERATING SUPPORT GRANTS TO A PORTFOLIO OF CAREFULLY SELECTED NONPROFITS. DUE TO REVENUE SHORTFALLS, THE ORGANIZATION DEFERRED GRANT PAYMENTS DURING 2023.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. 137995 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 5 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 X KARIN CASSEL MITTERANDO CHIEF EXECUTIVE OFFICER 6174750930 71 COMMERCIAL STREET 139 BOSTON MA 02109 JASON WILLIAMS PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 X 153462 0 22980 MARVA SEROTKIN CHAIR 1.00 X X 0 0 0 BILL ASHER CO-CHAIR 1.00 X X 0 0 0 MEGAN WILLIAMS TREASURER 1.00 X X 0 0 0 MONICA NOETHER FORMER TREASURER 1.00 X X 0 0 0 TERRIE PERELLA CLERK 1.00 X X 0 0 0 NIKHIL GAVAI FORMER CLERK 1.00 X X 0 0 0 KIM WILLINGHAM DIRECTOR 1.00 X 0 0 0 ELICIA WILSON DIRECTOR 1.00 X 0 0 0 JOEL ROSEN DIRECTOR 1.00 X 0 0 0 ANDREW KIRKWOOD DIRECTOR 1.00 X 0 0 0 153462 0 22980 1 0 1 0 0 162250 150933 313183 313183 0 0 0 176730 46002 74118 56610 118224 66690 29753 21781 24625 9492 8545 6588 25310 25310 4541 245 3545 751 7364 180 7184 15305 5997 5311 3997 6819 2516 3280 1023 4119 4119 5540 5540 EVENT AND EDUCATION SES 7695 323 7372 MEMBERSHIP DUES/FEES 6550 6550 MISCELLANEOUS EXPENSES 2280 1831 449 PROFESSIONAL DEVELOPMEN 999 999 406101 137995 168536 99570 151649 27022 11029 17629 1347 1347 164025 45998 13319 10141 106250 12500 71819 119569 94460 X 44456 -48462 44456 -48462 164025 45998 -92918 0 X 1 X 0 0 0 X 468058 478279 479979 403260 313183 2142759 468058 478279 479979 403260 313183 2142759 116334 2026425 1 1 2 32902 32902 2175663 0.93140 0.95940 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 X 0 0 0 0 0 0 0 0 0 JASON WILLIAMS PRESIDENT/CHIEF EXECUTIVE OFFICER 153462 0 0 0 0 0 0 0 22980 0 176442 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANOTHER COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 ANOTHER'S WEBSITE/UPON REQUEST