About Cleveland SVP
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Cleveland Social Venture Partners is a nonprofit corporation which is exempt under section 501(c)3 of the Internal Revenue Code. Cleveland SVP is funded by partner contributions. Funds are held in a donor-advised fund at The Cleveland Foundation.
People looking for a way to invest their time, skills and resources in the Northeast Ohio community joined together to form Cleveland Social Venture Partners. Building a dynamic connection between entrepreneurial energy and grassroots innovation, Cleveland SVP links community professionals and nonprofit organizations to make a hands-on difference. Social Venture Partners uses the venture capital model, where partners actively nurture their financial investments with guidance and resources.
Cleveland Social Venture Partners is a nonprofit, volunteer-driven organization dedicated to addressing social and community issues in Cuyahoga County. Each Partner commits to a minimum annual contribution of $5,000 for at least two years (or $2,500 at the Associate Partner level). As responsible investors, Partners have a genuine interest in providing whatever it takes to help bolster the success of every one of our nonprofit investees. Partner involvement ranges from management support in the areas of finance, strategic planning, fund development, legal matters, marketing and more. Although partners are not required to contribute time and expertise, over two-thirds do.
Most of our work takes place in small groups of partners who research social issues, make investment decisions, and organize volunteer, capacity-building efforts to help our investees.
Cleveland SVP also offers a range of information, workshops and resources to further develop the personal philanthropy of its partners. Excellent speakers are invited to share their expertise on topics such as creating personal giving plans, social entrepreneurship, and specific social issues like capacity building, sustainable development, youth development, and education. By informing and educating its partnership, Cleveland SVP hopes to catalyze a new generation of philanthropic potential in Northeast Ohio. |