Form 990 for tax year 2024
Filed by SOCIAL VENTURE PARTNERS PORTLAND.
Totals
- Total revenue
- $698,574
- Total expenses
- $960,504
- Contributions and grants received
- $562,260
- Grants paid
- $245,395
- Program service revenue
- $106,800
- Investment income
- $29,514
- Other revenue
- $0
- Total assets, end of year
- $1,555,445
- Total liabilities, end of year
- $359,789
- Net assets or fund balances, end of year
- $1,195,656
- Program services expenses (Part IX)
- $693,013
- Management and general expenses
- $167,535
- Fundraising expenses
- $99,956
- Program service expenses (Part III)
- $693,013
Program services were 72.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$562,260
-
2a · Program service revenue: ENCORE FELLOWS ADMIN F
total $106,800 · related or exempt $106,800
-
3 · Investment income
total $29,514 · excluded $29,514
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $245,395 · program services $245,395
-
5 · Compensation of officers, directors and key employees
total $164,375 · program services $106,088 · management and general $32,716 · fundraising $25,571
-
7 · Other salaries and wages
total $368,669 · program services $237,939 · management and general $73,378 · fundraising $57,352
-
8 · Pension plan contributions
total $7,067 · program services $4,561 · management and general $1,407 · fundraising $1,099
-
9 · Other employee benefits
total $23,055 · program services $14,880 · management and general $4,588 · fundraising $3,587
-
10 · Payroll taxes
total $52,162 · program services $33,665 · management and general $10,382 · fundraising $8,115
-
11c · Fees: accounting
total $32,715 · management and general $32,715
-
11g · Fees: other
total $22,294 · program services $22,294
-
12 · Advertising and promotion
total $2,600 · program services $1,560 · management and general $780 · fundraising $260
-
13 · Office expenses
total $11,769 · program services $7,006 · management and general $3,595 · fundraising $1,168
-
16 · Occupancy
total $6,028 · program services $3,617 · management and general $1,808 · fundraising $603
-
19 · Conferences, conventions and meetings
total $8,785 · program services $7,441 · management and general $514 · fundraising $830
-
24e · All other expenses
total $15,590 · program services $8,567 · management and general $5,652 · fundraising $1,371
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,820,147 · end of year $1,474,413
-
3 · Pledges and grants receivable
beginning of year $18,062 · end of year $9,365
-
9 · Prepaid expenses and deferred charges
beginning of year $1,995 · end of year $1,995
-
11 · Investments: publicly traded securities
beginning of year $59,967 · end of year $69,672
-
17 · Accounts payable and accrued expenses
beginning of year $26,027 · end of year $67,289
-
18 · Grants payable
beginning of year $425,000 · end of year $292,500
-
27 · Net assets without donor restrictions
beginning of year $1,162,959 · end of year $1,090,984
-
28 · Net assets with donor restrictions
beginning of year $286,185 · end of year $104,672
Mission and programs · 2024
Mission
SOCIAL VENTURE PARTNERS PORTLAND (SVP PORTLAND) PROVIDES CAPACITY BUILDING SUPPORT TO ORGANIZATIONS WITH EARLY LEARNING PROGRAMS. WE PRIORITIZE PARTNERSHIP WITH ORGANIZATIONS LED BY AND SERVING COMMUNITIES OF COLOR IN THE GREATER PORTLAND AREA. (CONT. ON SCH O)THESE COMMUNITY PARTNER ORGANIZATIONS ARE CLOSEST TO COMMUNITY NEEDS AND KNOW HOW TO BEST SERVE CHILDREN AND FAMILIES. BY COLLABORATING WITH ORGANIZATIONS THAT ALREADY EFFECTIVELY SERVE THE COMMUNITIES MOST IMPACTED BY INEQUITABLE SYSTEMS, WE CAN EXPAND ON THE SOLUTIONS CREATED BY AND FOR THESE COMMUNITIES.
Activities or mission (Part I)
TO MOBILIZE HUMAN, SOCIAL & FINANCIAL CAPITAL FOR INVESTMENT IN IMPROVING ACCESS TO HIGH QUALITY EARLY EDUCATION.
-
THE PRIMARY MISSION OF SVP PORTLAND IS TO PROVIDE CAPACITY-BUILDING SUPPORT TO THE COMMUNITY GRANTEES WE CALL COMMUNITY PARTNERS. IN 2024, THE PARTNERSHIP OF 89 INDIVIDUALS INVESTED $466,795 IN CASH GRANTS AND 3,794 HOURS (A NON-CASH VALUE OF $948,500) AND TOGETHER, THESE REPRESENT A VALUE OF $90,000 OF COMMUNITY INVESTMENTS INTO A PORTFOLIO OF 24 COMMUNITY ORGANIZATIONS AND COLLABORATIVE PROJECTS THAT ARE FOCUSED ON ENSURING THAT ALL CHILDREN REGARDLESS OF RACE, ETHNICITY, WEALTH, RELIGION, GENDER, OR ZIP CODE HAVE ACCESS TO HIGH-QUALITY, CULTURALLY-RELEVANT EARLY LEARNING EXPERIENCES.
Expenses $652,997 · Grants $245,395
-
AS PART OF SVP PORTLAND, THE ENCORE FELLOWS PROGRAM PROVIDES A SOURCE OF NEW TALENT FOR COMMUNITY ORGANIZATIONS, HELPS INDIVIDUALS TRANSITION INTO SOCIAL-IMPACT WORK, AND GIVES CORPORATIONS AND FOUNDATIONS A NEW WAY TO POSITIVELY IMPACT THEIR COMMUNITIES. ENCORE FELLOWS ARE CAREFULLY MATCHED WITH THEIR HOST COMMUNITY ORGANIZATIONS FOR A TIME-LIMITED PROJECT AFTER RETIRING FROM A PROFESSIONAL CAREER.
Expenses $40,016 · Revenue $106,800
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bob TateBOB TATE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Larry FoxLARRY FOX
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Melinda GrossMELINDA GROSS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Charlie GilkeyCHARLIE GILKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bala Sudarshan CadambiBALA SUDARSHAN CADAMBI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eva MaribonaEVA MARIBONA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin StevanusERIN STEVANUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lauren JohnsonLAUREN JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $164,375
- From this org
- $152,232
- From related orgs
- $0
- Other
- $12,143
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,232
- Bonus
- $0
- Other
- $0
- Deferred
- $4,800
- Nontaxable benefits
- $7,343
- Filer's total
- $164,375
-
Carolina Castaneda Del RioCAROLINA CASTANEDA DEL RIO
DIRECTOR OF COMMUNITY IMPA
- Total calculated
- $121,539
- From this org
- $110,601
- From related orgs
- $0
- Other
- $10,938
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$25,000
SVP GENERAL OPERATING GRANTS
-
$20,000
TASTE 2022 GRANT PAYMENT MADE IN 2023
-
SVP GENERAL OPERATING GRANTS
-
$15,000
EQUITY COLLABORATIVE GRANT AND TASTE 2022 GRANT PAYMENT MADE IN 2023
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511499349301606
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