While SVP’s traditional model leverages grantmaking practices to increase the impact of community nonprofits, other financial mechanisms can direct additional capital to nonprofits and entrepreneurs tackling community problems. This call will focus on a specific impact investment structured by SVP Denver. Although active and novice investors alike are invited to participate, a fundamental understanding of financial investments will make it easier for participants to follow along.
SVP Denver recently syndicated an Impact Investment in one of their nonprofit social enterprise clients, Hands of the Carpenter (Hands). Hands became an SVP client in 2016 and after enjoying strong growth, approached SVP Denver to learn more about an Impact Investment in January of 2017.
SVP Denver was already considering forming an Angel Group to Impact Invest in certain SVP clients and therefore took on Hands as the first test case of that model. On May 31st Hands closed on a loan of a million dollars, of which roughly a third came from impact investors.
In this case study, Mark Newhouse, the lead SVP Partner in this transaction, and Dan Georgopulos, the CEO of Hands, will describe 1. The mission of Hands, and what drove the need for the loan. 2 The payback model. 3. How SVP led the diligence and syndicated the impact portion of the loan. 4. The final structure of the transaction. We will leave plenty of time for Q&A.
This call is primarily intended for educational purposes, and SVPI is in no way endorsing presenting organizations or any offering they may conduct.
Hosted in collaboration with SVP Chicago and Loyola University’s Baumhart Center for Social Enterprise and Responsibility, the 2018 Global Summit brings together Social Venture Partners, board leaders, affiliate staff, and philanthropic and social benefit organization friends from around the world.SVP Global Summit
Please mark your calendars for Wednesday, July 25th, 9am PST and CLICK TO RSVP for call details.
Our first Community of Practice call in July will be SVP’s & Equity: Goal Setting. Available online and by phone, this new SVP community of practice exists to:
- Organize monthly webinars to learn about and discuss subjects of interest/challenge
- Provide a sounding board for sharing best (and worst!) practices, resources and questions
- Disseminate opportunities to take substantive action
- Organize in-person trainings to deepen our analysis and understanding
- And ultimately, substantively shift what SVP does and how we do it to achieve more equity and justice in the world.
Please mark your calendars for Wednesday, July 25th, 9am PST and CLICK TO RSVP for call details. There will be homework sent in advance!
Contact Cathy Lehman, Director of Programs & Operations, with any questions.Community of Practice
We all are well aware of the shortage of affordable housing in our communities. In San Diego, SVP partners and are working with a few local partners to use impact investing structures that can serve the 4-50 unit market for families under 80% AMI. In this space, the larger developers and tax credit structures generally only work with the 50+ unit projects, leaving a significant gap in financing, particularly in infill areas with smaller parcels. It’s not always about building new projects, there’s also a significant need for preservation and rehabilitation of existing affordable units by bringing capital to acquire or refinance those that might lose their affordable designations. Partnerships with nonprofits like City Heights CDC and San Diego Habitat for Humanity allow us to bring financing solutions to experienced operators that can increase our available supply of quality affordable housing.
David Lynn, SVP San Diego Partner and CEO of Mission Driven Finance will share the details of this work and will answer questions from Community of Practice members.Community of PracticeImpact Investing
In an effort to move SVP toward greater racial justice in our work, SVP International is teaming up with Race Forward and SVP Tucson this fall, bringing the network a two-day, deep-dive training, “Tucson Learning Lab: Racial Equity and Decolonizing SVP.”
If you’re ready to critically examine what SVP does and how we do it, applying a racial equity lens leading to recommendations for change in ourselves, our affiliates, and our SVP model, this Learning Lab is for you!Learning Lab
Every year, our international community converges to renew its commitment to the challenge of smarter philanthropy. We share the best of our affiliates’ work across the globe; examine our sector’s most pressing concerns and emerging practices; deepen the understanding of our individual and collective roles as change agents; and expand through the connections that define our network.
The 2019 Global Summit in Vancouver, British Columbia will examine the meaning of servant leadership and centering impacted and historically marginalized communities.SVP Global Summit
SVP International and SVP Los Angeles are teaming up to host a trip to Montgomery, AL to visit the National Memorial for Peace & Justice and the Legacy Museum. Established in 2018 by the Equal Justice Initiative, the memorial and museum are dedicated to the legacy of enslavement, terror, violence, and humiliation of Black people in the United States. The exhibits take the visitor through U.S. history of slavery and lynching to present-day mass incarceration and police violence.
This trip is open to anyone who wants to understand U.S. history and present-day inequities and terror. Taking place from July 17-19, attendees will visit the museum and memorial, participate in small-group dialogue and affinity group conversations, and be a part of a small-group dialogue with staff from the Equal Justice Initiative.
Registration fee includes:
- Tickets to the Museum and Memorial
- Breakfast July 17, 18, and 19th
- Lunch on July 17 and 18th (we will conclude before lunch on the 19th)
- Participation in facilitated learning and reflection over the course of the three-day trip
- Small-group presentation from the Equal Justice Initiative on July 19th
Registration fee does not include:
- Hotel (we have a limited number of group rate discounted rooms at nearby hotel)
- Dinner (participants will be encouraged to use no-host small group reservations made by SVP)
- Travel to/from Montgomery, AL from nearby airports
- Ground transportation within Montgomery (Museum, Memorial, Hotel, and Group sessions are all within a 1 mile range)
Hotel reservation information:
- We have a limited number of group rate discounted rooms at the DoubleTree by Hilton, Downtown Montgomery.
- Reservations can be made by phone (say you’re with Social Venture Partners International and ask for Monica) at 334-245-2320 ext. 3 OR by clicking here.
- Use the discount code: SVP
- Online, view the group rates by clicking on “Add Special Rate Codes” link prior to clicking on “Check Rooms & Rates.”
- Make your hotel reservations by Monday, June 17th, 2019 to receive the discounted rate.
*** The Learning Tour officially ends at 11am on Friday, July 19th.