Fellows are transitioning from midlife careers to encore careers, applying significant skills and experience to achieve sustained impact for social purpose organizations. They participate in paid, time-limited (six to 12 months), high-impact work assignments with nonprofit organizations or public agencies.
Elements of an SVP Encore Fellowship
- High-impact work – Clearly defined, capacity-building work that advances the organization’s mission and impact.
- Use of skills and experience – Application of professional skills and experience.
- Compensation – Paid stipend for transitional and exploratory work experience.
- Flexibility and structure – Flexibility and autonomy that takes into account both organizational needs and individual circumstances.
- Fellowship length – A fellowship duration (part time for one year is recommended) that ensures time to achieve results for the nonprofit and to develop expertise in the social sector.
- Learning – Integration of the work experience, peer networking, access to resources into a program that advances knowledge and enriches the experience.
- Networking – Connections with other fellows and nonprofit leaders to share learning and increase access to encore career opportunities.
- SVP Partnership – Partner status with Social Venture Partners in the Fellow’s community for the duration of the Fellowship assignment.
Fellows are identified, selected and matched through a process that includes the candidate and the nonprofit work host. Each fellow placement takes into consideration:
- Area of expertise – Skills to advance the impact of the nonprofit.
- Commitment – Demonstrated interest or previous involvement in nonprofit or community work.
- Adaptability and readiness – Inclination for making the switch from the corporate to nonprofit sector.
- Suitability and match – Strong fit between the fellow’s skills and his or her personal goals and the nonprofit’s mission, culture, organizational structure and staff.
- Interest in an encore career – Strong interest in pursuing social purpose work beyond the Fellowship.