2025-05-29T14:57:28-05:00 2024-12-31 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2024-01-01 931310734 SOCIAL VENTURE PARTNERS PORTLAND SOCI 5032220114 1355 NW EVERETT ST SUITE 100 PORTLAND OR 97209 LAUREN JOHNSON EXECUTIVE DIRECTOR 5032220114 2025-05-28 1 0 SANG AHN P00540880 5032270581 2024 2025-03-06 01:10:19Z SVP PORTLAND LAUREN JOHNSON 1355 NW EVERETT ST SUITE 100 PORTLAND OR 97209 698574 0 X SVPPORTLAND.ORG X 2000 OR TO MOBILIZE HUMAN, SOCIAL & FINANCIAL CAPITAL FOR INVESTMENT IN IMPROVING ACCESS TO HIGH QUALITY EARLY EDUCATION. 7 7 10 52 0 0 1419046 562260 150200 106800 10884 29514 681 0 1580811 698574 613429 245395 0 0 582669 615328 0 0 99956 517158 99781 1713256 960504 -132445 -261930 1900171 1555445 451027 359789 1449144 1195656 X SOCIAL VENTURE PARTNERS PORTLAND (SVP PORTLAND) PROVIDES CAPACITY BUILDING SUPPORT TO ORGANIZATIONS WITH EARLY LEARNING PROGRAMS. WE PRIORITIZE PARTNERSHIP WITH ORGANIZATIONS LED BY AND SERVING COMMUNITIES OF COLOR IN THE GREATER PORTLAND AREA. (CONT. ON SCH O)THESE COMMUNITY PARTNER ORGANIZATIONS ARE CLOSEST TO COMMUNITY NEEDS AND KNOW HOW TO BEST SERVE CHILDREN AND FAMILIES. BY COLLABORATING WITH ORGANIZATIONS THAT ALREADY EFFECTIVELY SERVE THE COMMUNITIES MOST IMPACTED BY INEQUITABLE SYSTEMS, WE CAN EXPAND ON THE SOLUTIONS CREATED BY AND FOR THESE COMMUNITIES. 0 0 652997 245395 THE PRIMARY MISSION OF SVP PORTLAND IS TO PROVIDE CAPACITY-BUILDING SUPPORT TO THE COMMUNITY GRANTEES WE CALL COMMUNITY PARTNERS. IN 2024, THE PARTNERSHIP OF 89 INDIVIDUALS INVESTED $466,795 IN CASH GRANTS AND 3,794 HOURS (A NON-CASH VALUE OF $948,500) AND TOGETHER, THESE REPRESENT A VALUE OF $90,000 OF COMMUNITY INVESTMENTS INTO A PORTFOLIO OF 24 COMMUNITY ORGANIZATIONS AND COLLABORATIVE PROJECTS THAT ARE FOCUSED ON ENSURING THAT ALL CHILDREN REGARDLESS OF RACE, ETHNICITY, WEALTH, RELIGION, GENDER, OR ZIP CODE HAVE ACCESS TO HIGH-QUALITY, CULTURALLY-RELEVANT EARLY LEARNING EXPERIENCES. 40016 106800 AS PART OF SVP PORTLAND, THE ENCORE FELLOWS PROGRAM PROVIDES A SOURCE OF NEW TALENT FOR COMMUNITY ORGANIZATIONS, HELPS INDIVIDUALS TRANSITION INTO SOCIAL-IMPACT WORK, AND GIVES CORPORATIONS AND FOUNDATIONS A NEW WAY TO POSITIVELY IMPACT THEIR COMMUNITIES. ENCORE FELLOWS ARE CAREFULLY MATCHED WITH THEIR HOST COMMUNITY ORGANIZATIONS FOR A TIME-LIMITED PROJECT AFTER RETIRING FROM A PROFESSIONAL CAREER. 693013 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 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 11 0 10 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X X KRISTIN KANAN 5032220114 1355 NW EVERETT ST SUITE 100 PORTLAND OR 97209 BOB TATE PRESIDENT 1.00 X X 0 0 0 LARRY FOX TREASURER 1.00 X X 0 0 0 MELINDA GROSS SECRETARY 1.00 X X 0 0 0 CHARLIE GILKEY DIRECTOR 1.00 X 0 0 0 BALA SUDARSHAN CADAMBI DIRECTOR 1.00 X 0 0 0 EVA MARIBONA DIRECTOR 1.00 X 0 0 0 ERIN STEVANUS DIRECTOR 1.00 X 0 0 0 LAUREN JOHNSON EXECUTIVE DIRECTOR 40.00 X 152232 0 12143 CAROLINA CASTANEDA DEL RIO DIRECTOR OF COMMUNITY IMPA 40.00 X 110601 0 10938 262833 0 23081 2 0 1 0 0 562260 562260 ENCORE FELLOWS ADMIN F 561000 106800 106800 106800 29514 29514 698574 106800 0 29514 245395 245395 164375 106088 32716 25571 368669 237939 73378 57352 7067 4561 1407 1099 23055 14880 4588 3587 52162 33665 10382 8115 32715 32715 22294 22294 2600 1560 780 260 11769 7006 3595 1168 6028 3617 1808 603 8785 7441 514 830 15590 8567 5652 1371 960504 693013 167535 99956 1820147 1474413 18062 9365 1995 1995 59967 69672 1900171 1555445 26027 67289 425000 292500 451027 359789 X 1162959 1090984 286185 104672 1449144 1195656 1900171 1555445 -261930 8442 0 X X 1 X 0 1 0 X 1299939 1631943 1314152 1419046 562260 6227340 1299939 1631943 1314152 1419046 562260 6227340 226912 6000428 2612 2382 3217 10823 29514 48548 681 681 6276569 257000 0.95600 0.99520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 860548 860548 154082 38521 0 0 119490 155713 223894 154082 653179 979769 3438 3438 29873 38928 55974 38521 163296 244944 59967 9704 69671 50187 9780 59967 63088 -11130 1771 50187 54767 9863 1542 63088 50000 4767 54767 1.00000 0 0 0 X PART V, LINE 4: THE INVESTMENT INCOME EARNED ON THIS PERMANENT ENDOWMENT IS UNRESTRICTED AS TO PURPOSE. $50K IS PERMANENT, THE INVESTMENT EARNING IS HELD IN THE ACCOUNT UNTIL THE FINANCE TEAM DECIDES TO WITHDRAW. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. 1 COMMUNITY ACTION 1001 SW BASELINE STREET HILLSBORO OR 97123 930554941 501C3 25000 0 SVP GENERAL OPERATING GRANTS ALLIANCE FOR EQUITY IN MONTESSORI PO BOX 6569 BEAVERTON OR 97007 800301212 501C3 15000 0 SVP GENERAL OPERATING GRANTS KAIROS PO BOX 12190 PORTLAND OR 97212 460987167 501C3 15000 0 EQUITY COLLABORATIVE GRANT AND TASTE 2022 GRANT PAYMENT MADE IN 2023 FUTURE GENERATIONS 935 NE 33RD AVE PORTLAND OR 97232 920293860 501C3 20000 0 TASTE 2022 GRANT PAYMENT MADE IN 2023 4 0 PART I, LINE 2: SVP PORTLAND INVESTMENTS ARE AWARDED ON AN ONGOING BASIS THROUGHOUT THE YEAR, AFTER A TWO- TO THREE-MONTH DUE DILIGENCE PROCESS DURING WHICH AN INVESTMENT TEAM DEVELOPS A PROPOSAL IN COLLABORATION WITH THE PROSPECTIVE GRANTEE. THIS PROCESS IS CO-LED BY STAFF AND AN INVESTOR PARTNER, WHO HAS BEEN TRAINED ON OUR INVESTMENT PROPOSAL DEVELOPMENT PROCESS. ONE OR TWO ADDITIONAL INVESTOR PARTNERS TYPICALLY SERVE ON THE TEAM AND CONTRIBUTE THEIR AREA(S) OF EXPERTISE (E.G., FINANCIAL ACUMEN, BUSINESS PLANNING, EARLY CHILDHOOD PROGRAMMING) TO INFORM THE PROPOSAL. THE FINAL PROPOSAL IS PRESENTED BY THE INVESTMENT TEAM FOR FEEDBACK AND APPROVAL BY THE PORTFOLIO MANAGEMENT TEAM. THIS TEAM IS STAFFED BY THE DIRECTOR OF COMMUNITY IMPACT AND IS COMPRISED OF 6-8 INVESTOR PARTNERS WITH DIVERSE AREAS OF EXPERTISE, INCLUDING VENTURE CAPITAL INVESTMENT, MANAGEMENT, EARLY CHILDHOOD, AND STRATEGY. AWARDS ARE TYPICALLY GRANTED TO 2-3 NEW ORGANIZATIONS, COLLABORATIVES AND/OR INITIATIVES ANNUALLY. IN ADDITION, 2-4 NEW AWARDS ARE ALSO MADE TO CURRENT GRANTEES BY THIS COMMITTEE. THE VALUE OF THE AWARD MAY INCLUDE HUMAN CAPITAL, THROUGH VOLUNTEER HOURS, AND/OR FINANCIAL CAPITAL IN THE FORM OF A CONTINGENT GRANT. ONCE THE INVESTMENT PROPOSAL HAS BEEN APPROVED, AND THE GRANTEE'S ORGANIZATIONAL CAPACITY-BUILDING NEEDS IDENTIFIED, A MEMORANDUM OF UNDERSTANDING (MOU) IS DEVELOPED BETWEEN THE GRANTEE AND SVP PORTLAND, WHICH DEFINES LONG-TERM GOALS AND QUARTERLY MILESTONES TO BE ACCOMPLISHED OVER THE DURATION OF THE NEXT YEAR. AFTER THE MOU IS EXECUTED, THE GRANT PAYMENT IS REMITTED. THE MOU IS REVIEWED ON A QUARTERLY BASIS BY THE GRANTEE AND THE INVESTOR PARTNER DESIGNATED TO SERVE AS PRIMARY LIAISON. THE PORTFOLIO MANAGEMENT TEAM REGULARLY REVIEWS ALL INVESTMENTS AND THEIR PROGRESS, THROUGHOUT THE GRANT PERIOD. MULTI-YEAR INVESTMENTS REQUIRE TEAM REVIEW AND APPROVAL BEFORE SUBSEQUENT GRANT COMMITMENTS ARE APPROVED. X X X 0 0 0 0 0 0 0 0 0 LAUREN JOHNSON EXECUTIVE DIRECTOR 152232 0 0 0 0 0 4800 0 7343 0 164375 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE CPA BASED ON REVIEWED FINANCIAL STATEMENTS. THE FINANCE TEAM, WITH THE HELP OF THE FINANCE MANAGER, REVIEWS THE 990 FOR ACCURACY AND SUGGESTS ANY CHANGES. THE EXECUTIVE DIRECTOR THEN MAKES THE FINAL REVIEW. THE 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR THEIR APPROVAL TO FILE. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF TEAMS WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR TEAM MEETING, IN WHICH THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR TEAM MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A TEAM WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; HAS READ AND UNDERSTANDS THE POLICY; AGREES TO COMPLY WITH THE POLICY; AND UNDERSTANDS THAT THE CORPORATION IS TAX-EXEMPT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IN MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 IN ORDER TO DETERMINE A FAIR AND COMPETITIVE RANGE FOR STAFF SALARIES, WE USE DATA PUBLISHED BY THE MBL GROUP (MBL). THE FOLLOWING CRITERIA WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND APPLIES TO ALL STAFF. 1) SALARIES TYPICALLY RANGE FROM 10% BELOW TO 10% ABOVE THE AVERAGE OF THREE SALARY VALUES REPORTED BY MBL FOR THE POSITION OR POSITIONS MOST CLOSELY RESEMBLING EACH SVP PORTLAND POSITION, ROUNDED TO THE NEAREST ONE THOUSAND. THE INITIAL SALARY WILL BE WITHIN THIS RANGE, AND WILL TAKE INTO ACCOUNT EXPERIENCE AND DEMONSTRATED SUCCESS. SINCE THE MBL IS UPDATED REGULARLY, COST OF LIVING ADJUSTMENTS ARE INCLUDED IN THE MBL BASE SALARY RANGES. A REANALYSIS OF MBL SALARY RANGES VS. ACTUAL BASE SALARIES WILL BE UPDATED ANNUALLY. THIS RANGE WILL SERVE AS A GUIDE FOR HIRING AND SUBSEQUENT DISCUSSION OF INCREASES ON THE ANNUAL ANNIVERSARY OF AN EMPLOYEE'S HIRING OR LAST PROMOTION. 2) MERIT SALARY ADJUSTMENTS ARE BASED ON PERFORMANCE AGAINST ANNUAL OPERATIONAL PLANS AND GOALS (KPIS) TIED TO EACH ROLE, AS WELL AS RESULTS OF PERFORMANCE REVIEWS, WITHIN THE POSITION'S RANGE (SEE #1). 3) ONE-TIME BONUSES: UNDER EXCEPTIONAL CIRCUMSTANCES, A BONUS MAY BE GIVEN. THIS BONUS IS TO RECOGNIZE THE RESILIENCE AND HIGH PERFORMANCE OF STAFF, ESPECIALLY IN SPITE OF ADVERSITY. SINCE THIS CANNOT BE ANTICIPATED, THE EXECUTIVE DIRECTOR IS ACCOUNTABLE FOR DETERMINING THESE BONUSES. 4) A COMPETITIVE, COMPREHENSIVE BENEFIT PACKAGE IS AVAILABLE FOR ALL CURRENT EMPLOYEES, BASED UPON FTE, BUT IS SUBJECT TO CHANGE. EACH EMPLOYEE'S SALARY IS REASSESSED ANNUALLY BY THE EMPLOYEE'S MANAGER, OR BOARD OF DIRECTORS IN THE CASE OF THE EXECUTIVE DIRECTOR, SUBSEQUENT TO THE 360 REVIEW PROCESS. PRIOR TO THIS, ALL SALARY RANGES ARE EVALUATED BY A PARTNER TEAM, LED BY AN SVP DIRECTOR, AND COMMUNICATED TO APPROPRIATE STAFF (MANAGER, EXECUTIVE DIRECTOR, FINANCE & HR, BASED ON MBL DATA) TO IMPLEMENT CHANGES AS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 SVP PORTLAND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.