Social Venture Partners Boston (SVP) is pleased to announce it will bring its capacity building expertise to a cohort of van Beuren Charitable Foundation’s (vBCF) nonprofit grantees based in Newport County, Rhode Island in 2018.
SVP will provide its signature Fund Development Training Program to a cohort of 11 nonprofit organizations in vBCF’s portfolio of grantees. The program, designed and delivered in partnership with Chuck Gordon of the New Kensington Group, will include individualized fund development assessments, cohort training workshops, and peer learning sessions. The focus will be on addressing challenges faced by all early and mid-stage nonprofit organizations, such as building effective fundraising boards and successfully cultivating and stewarding donor relationships. SVP’s Fund Development Training Program helps nonprofit leaders build robust development operations that ensure strong financial futures for their organizations.
“We are thrilled to partner with vBCF to bring this powerful program to more organizations than SVP could reach on our own, and to have to opportunity to support vBCF and its nonprofit grantees’ sustainability efforts,” said Darcy Brownell, SVP Executive Director.
SVP operates like a venture capital model for local early-stage social impact organizations. SVP’s member network of highly skilled business professionals, known as Partners, invests greatly needed financial and human resources to help build the organizational capacity of high potential, growth-minded social impact organizations in the greater Boston community. The combination of grant funding and highly skilled volunteer support helps these organizations grow an average of 40 percent annually, which is four times the average growth rate of peer organizations. Since 2002, SVP has supported more than 20 of Boston’s most innovative nonprofits, infusing these organizations with nearly $5 million in grants and pro bono consulting.
The van Beuren Charitable Foundation is a philanthropic family foundation dedicated to investing in the quality of life and quality of place of Newport County. Having contributed more than $67 million to the Newport region since its inception in 1986, vBCF has emerged as a strategic partner to like-minded charitable organizations and remains committed to strengthening the community in its priority areas of interest: Strong Starts, Healthy Lifestyles, Community Prosperity, and Excellence in the Commons. Since 2009, vBCF has provided capacity building support for its grantee organizations through a mix of training sessions and grants.