Social Venture Partners Boston and Cabot Corporation are pleased to announce a new collaboration through Social Venture Partners Boston’s Corporate Partnership program. Cabot joins other local companies such as Charles River Associates, Eaton Vance, Wells Fargo, and Fidelity Charitable in support of Social Venture Partners Boston’s work.
Social Venture Partners Boston carefully selects small and mid-sized nonprofits that have extraordinary impact and the potential to accomplish much more. Social Venture Partners Boston’s member network of highly skilled business professionals, known as Partners, invests greatly needed financial and human resources to help these organizations grow an average of 40 percent annually, which is four times the average growth rate of peer organizations. Social Venture Partners Boston’s Corporate Partnership program enables community-minded businesses to join in its efforts to strengthen Boston’s most promising nonprofits and improve education and economic opportunities for children, youth, and families.
Cabot’s philanthropic efforts support organizations and programs that focus on contributing to community success, improving science and technology literacy and supporting human services programs. Recognizing that today’s youth will be the thinkers, innovators and leaders of the future, Cabot gives priority to initiatives that focus on advancing science, technology, engineering and math (STEM) education.
Together with Social Venture Partners Boston, Cabot will leverage the skills and expertise of its most valuable asset – its employees – to strengthen the Boston community and help Social Venture Partners Boston’s portfolio of nonprofit organizations succeed. The work between Social Venture Partners Boston and Cabot will provide Cabot employees with access to high level, skills-based volunteer projects and other opportunities for professional development and community engagement.
“Local outreach is an essential element of our culture at Cabot, and we actively look for ways to make a meaningful and lasting impact in our communities,” said Jay Doubman, senior vice president, Corporate Strategy & Development for Cabot. “We are proud to partner with an organization that shares our passion for community engagement, and we hope that our combined efforts will enhance our ability to affect change and have a deeper impact in the Boston area.”
“At Social Venture Partners Boston, we share Cabot’s commitment to making a positive and lasting difference in the community and look forward to engaging Cabot employees in support of Boston’s most promising nonprofits,” said Darcy Brownell, executive director of Social Venture Partners Boston.
Since 2010, Social Venture Partners Boston has contributed more than $1.4 million dollars in grants and 14,000 hours of pro bono, executive-level consulting hours to local nonprofit organizations in Greater Boston.
Visit Cabot Corporation’s website to learn more about the company’s community initiatives.