After a rigorous vetting process, Social Venture Partners Boston has selected Trinity Boston Foundation as its newest grantee.
Social Venture Partners Boston chose Trinity Boston Foundation because of its uniquely holistic approach to supporting the social-emotional development of youth while also strengthening community health and cohesion. Through its counseling center and three innovative direct service programs, Trinity Boston Foundation aims to unlock opportunity and change the odds for the youth of Boston.
Social Venture Partners Boston carefully selects small and mid-sized nonprofits having extraordinary impact and with the potential to have much more. Social Venture Partners Boston’s member network of highly skilled business professionals invest greatly needed financial and human resources to help these organizations grow an average of 40% annually – that’s four times the Massachusetts average.
Over the next three years, Social Venture Partners Boston will provide Trinity Boston Foundation with $100,000 in unrestricted funds and access to a pool of highly skilled volunteers to help the organization build capacity, refine its program model, and achieve its strategic growth objectives. The additional resources will help Trinity Boston Foundation scale more sustainably and reach more youth throughout Boston.
“We are honored to be selected by Social Venture Partners for this award,” says Louise Burnham Packard, executive director of Trinity Boston Foundation. “The generous financial investment combined with the deep professional experience of the Partners will help us scale up both our direct-service programs and our embedded clinical partnerships with schools and agencies across Boston.”
Trinity Boston Foundation was selected from a pool of more than 20 nonprofit applicants to receive support from Social Venture Partners Boston during its Fall 2016 grant cycle.
“At Social Venture Partners, we connect Boston’s most promising nonprofits with the valuable resources and business counsel of our Partners – enabling both to have greater impact than they could on their own,” says Darcy Brownell, executive director of Social Venture Partners Boston. “At SVP Boston, we share Trinity Boston Foundation’s commitment to change the odds and unlock opportunity for all and look forward to working closely with Louise and her team over the next three years.”
Social Venture Partners Boston operates like a venture capital model for local early-stage nonprofits. Different from more traditional philanthropy or typical corporate volunteer programs, Social Venture Partners’ volunteers give it all – time, skills, networks, and their own financial contributions of at least $5,500 each year. This all-in approach generates a new model of philanthropic investment: engaged philanthropy.