What is it?
Social Venture Partners Calgary seeks to develop philanthropy and
volunteerism together to
achieve positive social change.
Launched in November 2000, Social Venture
Partners Calgary is a Partner-driven philanthropic
organization that supports needy organizations in the community through
long-term commitments
of Partners’ time and expertise as well as financial donations. Partners
also commit to active
learning about philanthropic issues.
The over 100 Partners of Social Venture Partners Calgary have invested over
$1 million and thousands
of volunteer hours to build the capacity in 12 not-for-profit organizations.
Where did it come from?
Social Venture Partners Calgary was founded by the husband-and-wife team of
Brad and Tanya
Zumwalt and modeled on Social Venture Partners Seattle, which was created by
former Aldus
Corp. founder Paul Brainerd. Calgary was the first Social Venture Partners
organization in Canada.
Today there are 23 Social Venture Partners organizations across North
America. Fifteen hundred
Partners have invested over $11 million US and thousands of volunteer hours
in 145 charities.
Social Venture Partners Calgary and the growing family of Social Venture
Partners organizations
are comprised of individuals who seek to achieve a greater impact in their
own communities than
they could as individuals.
How does it work?
Social Venture Partners is based on the principles of the business venture
capital model. It involves
looking into the community to discover specific needs and possible solutions
much the same way a
venture capitalist looks for ideas and entrepreneurship in new companies.
Like venture capitalists,
Partners donate appropriate skills, experience and contacts to most
efficiently use the financial
investment and aid in the growth of the organization and help it build to
its full capacity to better
achieve its mission. Management and finance, fundraising, board governance,
marketing,
communication and technology are examples of the counsel provided. The
return on investment is
positive social change.
Partners work in small entrepreneurial teams to make investment decisions
and create in-depth,
long-term partnerships (three to five years) with not-for-profits. The
recipient organizations grow
and flourish as a result of the business experience and skills of the
Partners.
Partners are also actively involved in learning about various aspects of
philanthropy. They
organize and participate in discussions with guest speakers, workshops and
seminars. Many spend
considerable time learning from many experienced community leaders and
experts on social
issues.