What
can you say about your Investees? What are their characteristics?
The organizations that SVP Charlotte currently funds fit SVP Charlotte's
Guiding Principles. They are in need of and committed to an infusion
of SVP Charlotte volunteer support to build and strengthen their
organization's capacity to deliver programs. They also are seeking to
replicate or expand an existing program or to launch a new program. The
organizations are committed to program evaluation and measuring
outcomes. In addition, they have a vision for their organization's growth
over the next three to five years, and how SVP Charlotte can help them
accomplish this growth.
What kind of people do you look for in the
Investees you fund?
SVP Charlotte's Investees are led by innovative, passionate leaders
with vision and ideas about effecting change and solving problems in the
Charlotte, and creating more social value from their limited resources.
They often use traditional business skills to achieve their goals and make
creative use of limited resources to doggedly pursue their social
mission! They are open to working with high level volunteers, and embrace
collaboration.
What are SVP Charlotte's funding priorities?
SVP Charlotte funds programs in multiple categories. Two
focus areas are chosen each year by the organization. Eligible organizations must serve communities within the
Charlotte region. Applicants must qualify as tax-exempt under Section 501
(c)(3) or 170 (c) of the Internal Revenue Service code.
How large are the individual grants given by SVP
Charlotte?
New grants typically range from $60,000 to $150,000. SVP Charlotte makes initial single
year grants with the intent of establishing longer-term partnerships with
its Investees (typically three to five years, seven years maximum).
Can Partners nominate Investees?
Yes, they can. Some Partners have worked in the Charlotte and know of good
candidates for grants. SVP Charlotte encourages Partners to bring those
organizations to light but these organizations are subject to the same
application procedure as any other organization. SVP Charlotte has
conflict-of-interest policies to prevent any preference given to a
prospective Investee based on a prior relationship with a Partner. Grant
decisions are the sole and objective responsibility of the SVP Charlotte
Grant Committees.