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Nonprofiteer
← SOCIAL VENTURE PARTNERS

Form 990 for tax year 2023

Filed by SOCIAL VENTURE PARTNERS.

Totals

Total revenue
$585,870
Total expenses
$589,853
Contributions and grants received
$578,849
Grants paid
$63,000
Program service revenue
$0
Investment income
$1,371
Other revenue
$5,650
Total assets, end of year
$445,088
Total liabilities, end of year
$200,503
Net assets or fund balances, end of year
$244,585
Program services expenses (Part IX)
$288,688
Management and general expenses
$131,052
Fundraising expenses
$170,113
Program service expenses (Part III)
$288,688

Program services were 48.9% 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

    $578,849

  • 1g · Noncash contributions included above

    $5,953

  • 3 · Investment income

    total $1,371 · excluded $1,371

  • 11a · Other revenue: MISCELLANEOUS

    total $5,650 · excluded $5,650

  • 11e · Other revenue, total

    $5,650

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $63,000 · program services $63,000

  • 5 · Compensation of officers, directors and key employees

    total $214,511 · program services $107,256 · management and general $21,452 · fundraising $85,803

  • 7 · Other salaries and wages

    total $96,500 · program services $33,550 · management and general $34,150 · fundraising $28,800

  • 8 · Pension plan contributions

    total $4,975 · program services $1,741 · management and general $1,740 · fundraising $1,494

  • 9 · Other employee benefits

    total $9,768 · program services $2,773 · management and general $4,618 · fundraising $2,377

  • 10 · Payroll taxes

    total $25,937 · program services $11,449 · management and general $5,130 · fundraising $9,358

  • 11c · Fees: accounting

    total $6,355 · management and general $6,355

  • 11e · Fees: professional fundraising services

    total $31,560 · fundraising $31,560

  • 11g · Fees: other

    total $69,929 · program services $30,734 · management and general $30,542 · fundraising $8,653

  • 13 · Office expenses

    total $4,377 · program services $146 · management and general $3,670 · fundraising $561

  • 14 · Information technology

    total $2,362 · management and general $2,362

  • 16 · Occupancy

    total $8,312 · management and general $8,312

  • 17 · Travel

    total $3,176 · program services $3,122 · management and general $54

  • 19 · Conferences, conventions and meetings

    total $7,961 · program services $6,533 · management and general $1,391 · fundraising $37

  • 20 · Interest

    total $3,886 · management and general $3,886

  • 23 · Insurance

    total $2,353 · management and general $2,353

  • 24a · Other expenses: PROGRAM EXPENSES

    total $26,287 · program services $26,287

  • 24b · Other expenses: OTHER PERSONNEL COSTS

    total $5,692 · program services $1,005 · management and general $4,687

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,470 · fundraising $1,470

  • 24d · Other expenses: OTHER OPERATING EXPENSE

    total $1,442 · program services $1,092 · management and general $350

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200,101 · end of year $198,331

  • 2 · Savings and temporary cash investments

    beginning of year $87,515 · end of year $228,891

  • 3 · Pledges and grants receivable

    beginning of year $165,233 · end of year $11,743

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,914 · end of year $6,123

  • 10a · Land, buildings and equipment: cost or other basis

    $39,655

  • 10b · Land, buildings and equipment: accumulated depreciation

    $39,655

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,159 · end of year $61,273

  • 23 · Secured mortgages and notes payable

    beginning of year $143,036 · end of year $139,230

  • 27 · Net assets without donor restrictions

    beginning of year $129,107 · end of year $63,063

  • 28 · Net assets with donor restrictions

    beginning of year $151,461 · end of year $181,522

Mission and programs · 2023

Mission

SVP SEEKS TO FOSTER A PHILANTHROPIC AND NONPROFIT SECTOR THAT HAS THE STRENGTH AND RESOURCES TO ADDRESS SYSTEMIC ISSUES RELATED TO RACIAL EQUITY IN SVP CORE ISSUE AREAS BY BUILDING A COMMUNITY OF ENGAGED AND EDUCATED PHILANTHROPISTS WHO UNDERSTAND THEIR ROLE IN CREATING AN EQUITABLE COMMUNITY, HELPING THEM MAKE THE GREATEST IMPACT WITH THEIR PHILANTHROPIC GIVING, BUILDING THE CAPACITY OF THE LEADERS AND ORGANIZATIONS DOING THE HARD WORK OF ADDRESSING SYSTEMIC ISSUES, AND INCREASING COLLABORATION WHILE LEVERAGING BEST PRACTICES AND SHARING POWER.

Activities or mission (Part I)

SOCIAL VENTURE PARTNERS SEATTLE (SVP) REIMAGINES PHILANTHROPY BY CENTERING BLACK, BROWN, INDIGENOUS, AND COMMUNITIES OF COLOR TO CREATE A JUST AND EQUITABLE KING COUNTY.

  • PHILANTHROPY DEVELOPMENT: PROVIDE WORKSHOPS, SEMINARS AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR INDIVIDUALS IN ORDER TO A) INCREASE THEIR USE OF STRATEGIC GIVING STRATEGIES, B) INCREASE ENGAGEMENT IN THEIR COMMUNITIES, C) INCREASE THEIR AMOUNT OF GIVING. LEARNING AREAS INCLUDE GRANTMAKING, VOLUNTEERING, CULTURAL COMPETENCY, ISSUES, VALUES AND INTEGRATION, NONPROFIT SECTOR, AND FINANCIAL PLANNING AND GIVING VEHICLES.

    Expenses $117,794

  • CAPACITY BUILDING: HELP NONPROFITS TO BE AS EFFECTIVE AS POSSIBLE IN DELIVERING THEIR PROGRAMS AND SERVICES BY HELPING TO BUILD THEIR ORGANIZATIONAL CAPACITY. SOCIAL VENTURE PARTNERS DEFINES ORGANIZATIONAL CAPACITY BUILDING AS THE DEVELOPMENT OF CORE SKILLS, MANAGEMENT PRACTICES, STRATEGIES AND SYSTEMS TO ENHANCE AN ORGANIZATION'S EFFECTIVENESS, SUSTAINABILITY, AND ABILITY TO FULFILL ITS MISSION. SOCIAL VENTURE PARTNERS SUPPORTS CAPACITY BUILDING FOR ITS INVESTEES BY PROVIDING CASH GRANTS, SKILLED VOLUNTEERS, PROFESSIONAL CONSULTANTS, LEADERSHIP DEVELOPMENT AND MANAGEMENT TRAINING OPPORTUNITIES.

    Expenses $107,894

  • DIRECT GRANTS AND CONSULTING FOR INVESTEES: SVP SEATTLE PROVIDES GRANTS TO INVESTEES GRANTEES AND CONSULTING FEES FOR PROFESSIONALS WORKING DIRECTLY WITH INVESTEES IN ONE OF THEIR CORE CAPACITY BUILDING AREAS.

    Expenses $63,000 · Grants $63,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Habib

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • John Clements

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jordan Goldwarg

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ruby Love

    CHAIR UNTIL AUG 2024, DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tali Rausch

    VICE-CHAIR UNTIL AUG 2024, CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Stephanie McLemore Bray

    SECRETARY UNTIL AUG 2024, CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Pamela Oakes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Asia Wisecarver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gregory Whiting

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kalika Curry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deidre McCormack Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emeka Alozie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maurice Deya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emiko Atherton

    EXECUTIVE DIRECTOR

    Total calculated
    $178,435
    From this org
    $162,042
    From related orgs
    $0
    Other
    $16,393
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,542
    Bonus
    $0
    Other
    $1,500
    Deferred
    $8,207
    Nontaxable benefits
    $8,186
    Filer's total
    $178,435

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 · 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

Provenance

Return type
form_990
Tax year
2023
Filed
4 August 2025
IRS schema version
2023v6.0
Source object
202502209349301675

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