An SVP is Partner-driven . Partners do most of the work, and drive its future course. The staff s role is facilitative, supportive, acting as an archive. Leadership comes from the business and entrepreneurial sectors and is not Board or community foundation-driven. This is an adaptation of some elements of the venture capital model to working with non-profits.
Grants are for general operating support.
SVP believes in investment as a relationship . SVP forms a close, working relationship with non-profit where SVP mutually vests in their success. Measurable results are important. An exit strategy is defined with Investees. While core principals are consistent from one SVP to the next, there are several locally defined elements that are determined by the local Partnership.