Although like-minded nonprofits may recognize the value of creating an umbrella organization to help sustain and support their common activities, they often don’t have the necessary resources to do so. Social Venture Partners International (SVPI) was formed to brand, support, expand, and enhance the work of the individual Social Venture Partner groups, composed of 3,400 philanthropists in more than 40 cities around the world. The SVPI network has made grants totaling more than $70 million in the various SVP communities. A series of Lodestar Foundation grants have supported annual SVPI conferences both in local communities and internationally, the development and standardization of the SVPI brand, and an evaluation of the effectiveness of the SVP model, the results of which are being used by SVP network members (currently in the US, Australia, Canada, China, India, and Japan) to increase effectiveness and demonstrate the impact of the model on their respective communities.
Grant Amount: $344,000
Year Granted: 2014
Timeframe: Grant awarded over multiple years
Grantee: Social Venture Partners International
Grantee Website: Social Venture Partners International