The SVP approach:
Social Venture Partners Chicago is looking for nonprofits interested in a strategic funding relationship. We will invest our time, expertise, and funds over the next 3 years in a nonprofit organization that is working to break the cyle of poverty or its negative effects in the Chicagoland area. We are especially interested in organizations with strong leadership and that are at an inflection point in their organizational lifecycle. Our aim is to partner with the selected organization to actively work to increase the capacity and scale of the organization, thereby measurably increasing the impact of their programs and services. Please see the "Rules" section below for application criteria.
These organizations are ready to take their work to the next level, and they welcome involvement from value-added funders willing to roll up their sleeves and work alongside them. SVP provides:
Investment Cycle application process overview:
Our six-month investment cycle starts in the summer, when we select our area of focus. We ask for letters of interest from nonprofits that work in our focus area. We then request a full proposal from a small number of those nonprofits. The final phase of our due diligence involves full site visits by a team of our Investment Committee partners to our finalist nonprofits, culminating in our choice of an investee. LOIs for our 2019-20 investment cycle are due by 5 pm CST on 09/05/19.
Important Dates for organizations that move forward:
October 7, 2019 4:00 - 6:00pm - Executive Director Interviews
October 29, 2019 - RFPs due (note: date change)
January 20-February 7, 2020 - Site Visits
mid February 2020 - Final Selection of investee
Learn more about how SVP Chicago works with investees: SVP Chicago Investee Orientation Presentation
Organizations that intend to submit an LOI are required to participate in a briefing call with our Investment Committee co-chairs. All applicants must attend the briefing call even if you have attended in the past as there have been changes to the process this year. There are two options:
Contact email@example.com to register for your preferred day and she will provide additional details.
Investment Cycle Application Criteria
For this investment cycle we are looking for smaller, earlier stage organizations. However, this criteria may change in future years so if you don't qualify this year please look at the requirements next year. We encourage your organization to complete this Letter of Interest application if you meet all of the following criteria:
Community-based and grass roots organizations are encouraged to apply.
Please note that schools, foundations, solely religious organizations, and governmental entities will not be considered for our investment during this year’s cycle.
By submitting this LOI, you are agreeing to be added to our distribution list for upcoming opportunities and events.
Contact firstname.lastname@example.org if you have any questions.