Social Venture Partners Boulder County Inc.

“The svp bylaws were updated on august 15, 2019 to remove outdated content regarding membership levels and reduce the grace period on non-payment of membership dues from six months to three months.”

“The organization has four classes of members who have the right to vote for candidates for the board of directors and decide which investees should be given support from the organization. The annual meeting of the members is held for the purpose of transacting business presented by the board of directors. The affairs of the organization are managed by the board of directors.”

“The treasurer, executive director, finance committee and board of directors will review the form 990 before it is filed with the irs.”

“A conflict of interest exists when any matter under consideration by the board of directors involves the potential for a significant or material benefit to a director of any member of his or her immediate family or to any business, financial or professional organization of which the director is an officer, director, member, owner or an employee. When a director recognizes a potential conflict of interest he or she must identify the conflict and, after answering any questions posed by the other directors, must withdraw from any discussion or voting on the matter. The board of directors may not go forward with a transaction in relation to which a director acknowledges a potential conflict of interest unless the board determines, by a majority vote of the disinterested directors, that the transaction is in the organization's best interest. The board and committee members discuss and sign conflict of interest forms every year. The question is asked at every board meeting regarding a potential conflict of interest. Finally, the executive committee is responsible for a regular review of the policy and, if deemed needed, recommendations to the board regarding the policy and its implementation.”

“Compensation for the executive director is determined by approval of the full board of directors. The processs is led by the board chair with support from the executive committee. The executive director is asked to complete a self-assesssment for the prior year as well as a workplan and goals for the coming year. The board chair and executive committee provide feedback on the performance of the executive director and the aforementioned documents. Then the board chair reviews the svp network salary and benefits survey and the colorado nonprofit association's salary and benefits survey. Based on the executive director's performance and responsibilities, in addition to salary and benefit comparisons for like organizations, the board chair drafts a salary and benefits package which is discussed and approved by the full board of directors. The last approval of the executive director's compensation occurred in september 2018.”

“The organization's bylaws, articles of incorporation, irs letter of determination of exempt status and member level details are available on the organization's website. The form 990 will also be available as soon as it has been filed with the irs.”

“In this fiscal year, svp stopped providing boards with brains, a board governance training program for nonprofit staff and board members.”

“Svp boulder county believes that strong nonprofits deliver better results and engaged, educated givers have greater impact. We help nonprofits and givers develop core skills, leadership abilities, management practices, strategies and systems. We build relationships and create a network that can solve community problems together. Svp builds capacity in nonprofits through training, leadership and consulting support in our programs. Catapult is an extensive 3.5 year strategic investment of consulting, education, mentoring, coaching and supporting cash grants in nonprofits serving boulder county to help them build core skills, management practices, strategies and systems that will improve sustainability and community impact. This fiscal year, svp served five nonprofits providing more that 1050 hours of pro bono consulting to: wow children's museum, community food share, kgnu community radio, longmont community justice partnership and ywca boulder county. In this fiscal year, the organization added a new program called resource teams, offering short-term consulting support or services to boulder county nonprofits.”

“The organization has small programs that strengthen non-profits, increasing their effectiveness and impact.”