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EngagedPhilanthropy
Impact Report2016 Impact Report
OurBRIDGE for KIDS Page 7
Contents
Impact Snapshot15
3 Transforming People & Organizations
5 Sparking Growth and Impact
9 A Partnership with SVP
13 Identifying Potential: SEED 20 Turns 5!
16 SVP in Charlotte and Abroad
Susan Daniel Executive Director S V P C H A R L O T T E
We are committed to engaged giving. We want to make a significant impact, take a risk, own our potential, and help bring long-lasting, positive change to our community.
SVP is the Charlotte affiliate of an international
organization tackling challenging social issues
through venture philanthropy. We invest in promising
nonprofits, providing them not only our dollars but
also our time and professional expertise in a multi-
year partnership.
In 2016, SVP worked shoulder to shoulder with the
seven nonprofits (our Investees) featured in this Impact
Report. SVP Partners (members) were engaged by
providing strategic planning and counseling, legal,
marketing, and financial services, Board development,
and a myriad of other ways to help strengthen our
Investee organizations and thus increase their impact
in our community. Please enjoy reading about the
amazing work these nonprofits are providing our city.
The second way SVP strives to give back to our
community is through our annual program SEED20,
where we identify and highlight 20 of the most
innovative ideas or organizations for bringing positive
social change to our region. 2016 marked our five-year
anniversary where we honored our many SEED20
alumni and enjoyed connecting the SEED20 Class of
2016 nonprofits to our audience of over 800 in the
Knight Theater.
Our work is possible through the commitment of 140
members of SVP who believe in this model of giving
and are dedicated to rolling up their sleeves and
becoming engaged with the nonprofits working to
bring opportunity to everyone in our city. I thank each
of you for your day-to-day efforts and your participation
in our shared vision.
4
“
SVP Charlotte At a Glance:
2005 YEAR SVP CHARLOTTE IS FOUNDED
5 YEARS SO FAR OF SEED20 PROGRAM
5th LARGEST AFFILIATE IN SVP NETWORK
7 NONPROFITS SERVED IN 2016
$1.4m GRANTED OVERALL
$215k GRANTED IN 2016
140 INDIVIDUAL PARTNERS FROM AGE 21-70+
5
SVP feels like an extension of our Board; we share our dreams and challenges and they come alongside us with practical resources and support.
“— Michele Dudley
Founder/Executive Director
In Charlotte, F&C serves women overcoming addiction, domestic abuse, exploitation, generational poverty, homelessness, and incarceration, as well as refugees and immigrants. Women are paid to attend the jewelry projects where they make jewelry and learn work-readiness skills, build a supportive community and connect with community resources to help them address their individual challenges and prepare for a stable, self-sufficient future.
SVP has come alongside F&C with funding and practical support to help address operational challenges they are facing due to rapid growth. F&C is using the funding to hire a new Operations Manager and invest in technology to create operational efficiency and ultimately greater impact on the women they serve.
Through the SEED20 Class of 2016, SVP was introduced to Fashion & Compassion (F&C), a Charlotte-based nonprofit whose
vision is to transform communities through holistic economic empowerment that brings dignity & opportunity to individuals
who have been caught in a web of poverty & injustice as they heal spiritually, emotionally & physically. Fashion & Compassion
is based in Charlotte but also operates small projects in the Atlanta area, Charleston, and Uganda, and partners with organi-
zations in five other countries.
Fashion & Compassion
6
Photo by Lisa Bontje
Digi-Bridge
— David Jessup Jr. Founder
Digi-Bridge’s growth is a direct reflection of SVP’s support, guidance and investment.
“The Economics and Statistics Administration reports that over the past 10 years, growth in STEM jobs was three times as fast as growth in non-STEM related jobs. How are we preparing our scholars for their future in the work place? The opportunities to explore STEAM (science, technology, en-gineering, arts and mathematics) must be made available to all K-8 scholars, especial-ly to those in our neighborhoods of promise where women and people of color are often un-derserved, in order to bridge the digital divide.
Digi-Bridge aims to equip shareholders with the means to foster optimal use of technology in the learning environment, ensuring that all 21st century scholars have opportunities to succeed in the digital age. SVP has embraced this mission, and through a three-year commitment to supporting staff growth and strategic planning, Digi-Bridge exceeded their 2016 goal of providing STEAM engagement to 500 scholars. This year, they plan on serving 1,000 scholars.
In 2016, as part of their digital consultancy efforts, Digi-Bridge spearheaded the development of The
SWARM, a FIRST LEGO League competitive robotics team, which went on to represent the only Title I elementary in Charlotte-Mecklenburg Schools at the regional competition. Digi-Bridge will continue to expand the impact of this program to train and prepare as many as five facilitators and 50 students for competition in 2017.
7
OurB
RIDG
E for
KIDS
Hear
t Mat
h Tut
orin
g
OurBRIDGE supports the refugee and immigrant communities by offering a one-of- a-kind enrichment program for newly arrived and 1st generation American children. We advocate for the success, happiness and fair treatment of their families as they acculturate to the United States.
Even as the uncertainty of refugees’ and immigrants’ future in the US continues to grow, we are glad to see unprecedented involvement from new community members to support our work. We are looking forward to expanding our K-5 after-school program to include fifty 6th graders and moving to a bigger center; and are partnering with UNCC to offer full-day summer programming.
Heart Math Tutoring (Heart) is a math intervention program that recruits, trains and supports volunteers to work as tutors in high-poverty elementary schools in Charlotte-Mecklenburg Schools. SVP has been involved with Heart since its inception. In 2010, SVP convened a focus group that identified a gap in structured, effective tutoring options for willing volunteers. Upon finding no existing programs for investment, and in an unusual twist for SVP’s model, SVP “birthed” Heart! Partners worked directly with Charlotte-Mecklenburg Schools and Communities In Schools to create a program that would ultimately stand on its own.
Having the honor of serving as Heart’s first Executive Director since July 2013, I am floored by the impact SVP has made on Charlotte students through its financial and human capital support of Heart. Backed by significant SVP board leadership, ongoing support by the Steering Operations Committee, and Lead Partner engagement, the program has obtained nonprofit status and grown from serving 105 to 660 students with a $640K operating budget. Currently, Heart is in 12 school sites and has over 750 weekly volunteer tutors (including 29 SVP Partners!).
“SVP continues to be a crucial part of the growth and success of ourBRIDGE. SVP has helped us build a strong infrastructure that is allowing us to grow not just quickly, but wisely. We wouldn’t be here without their expertise and continuous emotional, and of course, financial support.”
S I L G A N Z O
Executive Director, ourBRIDGE for Kids
“SVP has been the wind behind Heart’s sails, whether it has been though key introductions, strategic guidance, or nitty-gritty tactical support.”
E M I LY E L L I OT T
Executive Director, Heart Math Tutoring
8
Circle de LuzCircle de Luz is radically empowering young Latinas by supporting their transformation through extensive mentoring, holistic programming, and scholarship funds for post high school education. Circle de Luz’s partnership with Social Venture Partners has led to tangible growth in areas such as capacity building, strategic thinking, marketing & communications, and overall organizational and leadership development. Over the past three years of our partnership, Circle de Luz has seen 14 young women graduate from the program and 13 enroll in a post-secondary educational program – a 93% success rate.
Our mission continues to be driven by commitment and passion. We believe that broadening our girls’ horizons will help develop new goals and skills and result in increased self-confidence as they tackle new lifestyles and challenges. Circle de Luz has made great strides in proving to our members that their future is broad and limitless.
- Karina Vogel
Youth Development Initiatives (YDI)
CommonWealth Charlotte (CWC)
Youth Development Initiatives Inc. seeks to maximize the potential in underprivileged, at-risk youth and the agencies that work with them by devising curriculum and training modules that establish effective guidance courses, after school and mentoring programs, and summer enrichment initiatives founded on research and widely recognized best practices. YDI program designs and curriculum encourages students to stay in school, develop personal action plans, serve their community, and develop the job-readiness skills necessary to compete in an ever-changing, 21st Century global marketplace.
We needed definitive direction and strategic support to help return us to the ‘soul’ of our purpose and passion – which is equipping at-risk and disadvantaged high school kids with the essential life and career planning skills to graduate prepared to make it in life! SVP has helped guide YDI in that definitive direction in 2016. - Darryl Bego
The mission of Common Wealth Charlotte (CWC) is to create pathways for Charlotte’s working poor to greater financial stability through specialized financial education, access to traditional banking services, and small, low-interest loans. As we serve individuals in the Charlotte community on a daily basis, we are also pioneering a movement. Clinical studies have shown that living paycheck-to-paycheck creates severe trauma to the structure of the brain.
Our curriculum is trauma-informed, taking this likelihood into account. Our goal is to move our clients further along a continuum towards sustainable financial health. We are providing financial life skills taught in a new and different way.
SVP has been with us from the start providing guidance and expertise through its Partners (members) in addition to financial support to help fund our start-up phase. In less than two years, CWC has become the pillar agency for financial capability services for 16 human services agencies allowing us to provide financial education to over 2,000 clients, open bank accounts for 300 clients, and issue 65 loans. CWC has helped numerous clients escape predatory lenders and secure credible, affordable banking services. The CWC model is having a long-term, positive impact on our working poor. - Darren Ash
9
Social Venture Partners is a philanthropic organization passionately attacking the issue of social and economic inequality in Charlotte through venture philanthropy.
Charlotte ranks among the fastest-growing USA gateway cities for immigrants with nearly one-quarter of a million immigrants and 17,000 refugees from around the world. These children struggle with complex issues including poverty, family separation, cultural shock, and learning English.
Thousands of low-wage workers in Charlotte have no bank account and poor credit, forcing many to pay over 10% of their income to access their earnings and turn to predatory lenders.
Based on 2016 3rd-8th grade EOGs, only 44% of economically disadvantaged students (EDS) in Charlotte-Mecklenburg Schools (CMS) are performing on grade level in math, 20% lower than non-EDS peers.
Older, at-risk youth are an underserved student population across the nation.
The high rate of teenage pregnancy, low high- school graduation and college completion rate among Latinas.
OurBRIDGE for KIDS provides a bridge for these children to learn English and be part of a learning community that supports them (and their families) and values their cultures.
In its first year of operation, CommonWealth Charlotte provided financial education to 1,600 clients, “banked” over 100 clients who previously had no bank account, and provided 20 clients with low-interest loans.
In 2016, Heart Math Tutoring offered one-on-one support from Heart volunteer tutors, serving over 650 students across twelve high-poverty CMS elementary schools.
YDI offers a three-year development program for at-risk high school students providing life skills training, mentoring, and employment opportunities to insure students graduate ready for life after high school.
Fourteen girls have successfully participated in the Circle de Luz program, receiving monthly programming and mentoring (and scholarship upon high school graduation). Circle graduated its first cohort of girls in 2014.
Impact Snapshot: Our Investees
Challenge
OurBRIDGE for KIDS:
Circle de Luz:
CommonWealth Charlotte:
Heart Math Tutoring:
Youth Development Initiative:
Challenge
Challenge
Challenge
Challenge
Change
Change
Change
Change
Change
10
Ten-Year Partnership with SVP: More Than Just Money
Will Miller
Founder
Missy Miller
Event Coordination
Mike Elliott
Strategic Planning
Minna Elliott
Lead Partner
Steve Beam
Lead Partner
Joanne Beam
Nonprofit Consulting
Al Winget
Recruitment
Blanton Hamilton
Former Board Chair
Harrison Marshall
Legal
Margaret Marshall
Lead Partner
Pete Lash
Finance
Mike Harrell
Lead Partner
Denise Pineno
Board Secretary
Chris Pineno
Financial Strategy
Debbie Darden
Committee Chair
Bruce Darden
Committee Member
11
As a program of Social Venture Partners,
the goal of SEED20 is to identify, spotlight,
and support twenty of the most innovative
ideas or organizations tackling our region’s
most challenging problems. Over the course of seven
weeks, the selected participants receive coaching
and mentoring on how to succinctly and powerfully
“tell their story”. The SEED20 program culminates in
SEED20 OnStage, a high-energy event where up to ten
participants compete to win cash awards. Each finalist
makes a three-minute pitch to a panel of judges and the
audience. Many have used the program as a launching
pad for their nonprofit and have gone on to dramatically
increase their size, revenue, reach and their overall
impact.
We identify 20 nonprofits that will inspire you. Their
ideas will spark change in the way you think about our
community. Their stories will ignite your passion for
making Charlotte a better place.
SEED20 celebrated it’s 5th year on April 11th at
the Knight Theater. Starting at the uptown campus
at UNC Charlotte in 2012, progressing to the Bank of
America auditorium, and last year hosting the event
in the Knight Theater with an audience of over 800.
This growth has meant incredible benefits for the 20
participating nonprofits and for the community overall.
The first event was a true team effort and we were amazed at the accomplish- ments of the steering committee, the coaches, and the volunteers. However, the stars of the show, then and now, were the nonprofit entrepreneurs! As in the for-profit world, innovation in the nonprofit world is paramount to address -ing critical challenges in our community.
“— Crystal and Steve Sellers
SVP Partners
Seed 20 Program
12
SEED20 People’s Choice Grand Prize of $20,000voted on by audience
Gen-One Charlotte - Ian Joyce
SEED20 2nd Place Prize of $12,500 voted on by judging panel
Catapult Concepts - Brian Goins
SEED20 3rd Place Prize of $7,500 voted on by judging panel
American Pit Bull Foundation - Sara Enos
• 1sTouch, Inc.
• American Pit Bull
Foundation
• Arts for Life Charlotte
• Campus Pride
• Catapult Concepts
• Code For Charlotte
• Croquet Records
• Digi-Bridge
• Fashion & Compassion
• Focus Charlotte
• Gen-One Charlotte
• I AM not the MEdia, Inc.
• Kids in Technology, Inc.
• LAWA
• NewGen Peacebuilders
• Redeeming Joy, Inc.
• Southside Rides
Foundation
• The Key Resale Shop
• The Male Leadership
Academy of Charlotte
• Transformation
Educational Services,
Inc.
THE SEED20 CLASS OF 2016: Selected for their
relevance, innovation,
and potential for tangible
community impact.
5 Years of SEED20 Video:https://vimeo.com/163631307
Coaches Award of $5,000 voted on by SEED20 Coaches
Southside Rides Foundation -David Michael Moore
Priceless Misc Digital Impact Award $10,000 in-kind web and digital services provided by SEED20 Sponsor, Priceless Misc
Focus Charlotte - Steve Parker
The event was a huge success with our biggest prize pool of $60,000
and our largest audience to date! Ten finalists took the stage of the Knight
Theater and gave their inspirational three-minute pitches on their big idea
for social change in Charlotte. At the end of the night, there could only be 5
winners, but everyone participating was a winner - garnering new volunteers,
donations, and valuable exposure for their organization.
Over half of our alumni returned to be honored and cheer on the Class of
2016. Wells Fargo – a sponsor for all 5 years – presented the Wells Fargo
SEED20 Legacy Alumni Award of $5,000 to ourBRIDGE. A member of the
Class of 2014, ourBRIDGE is an enrichment program that focuses its efforts on
the education and socio-emotional development of children who are new to
13
An appreciation for collective giving organizations brought Meredith Sain to SVP in May 2015, and she immediately began volunteering with several Investees and SVP Issue committees.
Most recently, Meredith served on the 2016 Investment Team; charged with selecting the new SVP Investee(s), a collaborative experience she thoroughly enjoyed. She and another member of the Investment Team chose to further their impact by serving as SVP Lead Partners for one of the new Investees, Fashion and Compassion.
Meredith is a Vice President with Salem Investment Partners, a mezzanine debt fund investing in middle market companies. Her professional experience has been helpful in her roles on the Investment Committee and helping Investees evaluate various operating decisions and challenges.
Originally from a small town in North Carolina, Meredith is a graduate of Wake Forest University. In addition to her volunteer work, Meredith is an avid reader, enjoys cycling and spending time with family. She and her husband, Seth, are proud parents to their newborn son Logan.
SVP has provided us with exposure to truly inspiring social entrepreneurs and has been a very effective
vehicle to help us give back to our community in a fun and constructive way.
“— Caryn and Richard Lee
SVP Partners
Caryn and Richard joined SVP in 2013. They learned of SVP while Caryn served on the board of a previous SVP Investee, Sow Much Good. They liked the model, particularly the opportunity to provide leadership and strategic advice to support the growth of SVP’s innovative nonprofit Investees.
They have both enjoyed supporting Seed20, SVP’s annual program for entrepreneurs, for multiple years. This has included providing candidate coaching, serving on the Steering Committee, and enhancing and leading the candidate selection process.
Caryn has led Leadership Development workshops for the Seed20 Alumni Network and Circle de Luz, an SVP Investee. Richard serves as Vice-Chair on the board of ourBRIDGE for KIDS, a Seed20 finalist and SVP Investee.
Meredith Jolly Sain
Caryn and Richard Lee
14
Impact Snapshot: By the Numbers
15
in Grants to Over770 Nonprofits$56 MSVP Affiliatesin 9 Countries40
SVP PartnersAround the Globe3500+
$937 K$1.4 M
Here & Around the World
Nonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting Funds
93%
Nonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting Funds
140
14
$937 K$258 K100
SVP Partners Partner Retention
Nonprofits Funded Through SVP Grants Provided Through SVP
Nonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Funded Through SVP Efforts Combined Frants + Consulting FundsNonprofits Served Through Seed20 Awards Provided Through Seed20
Thank You!We would like to acknowledge and thank the SVP Board of Directorsfor helping to make 2016 a success for SVP and our Investees.
Marinn Bengel
Jennifer Davis-Martin
Reid Leggett (Board Chair)
Denise Pineno
Beth Silverstein
Daniel Tanaka
Scott Vaughn
David Webb
Susan DanielEXECUTIVE DIRECTOR
sdaniel@svpcharlotte.org
SVP Charlotte1919 South Blvd. | Suite 201
Charlotte, NC 28203
704.910.1151
Heather KarrikerASSOCIATE DIRECTOR
hkarriker@svpcharlotte.org
SVP 2016 Board of Directors
Contact SVP
@SVPCLT
Social Venture Partners Charlotte SVP Charlotte
socialventurepartners.org/charlotte
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