Q: What does a Partnership entail?
A: SDSVP Partners are concerned citizens who want to follow the
“venture
philanthropy” model as a significant avenue for giving back to
their community. In addition to making a minimum annual
contribution, Partners are invited to engage their expertise,
interests and time in projects that strengthen selected nonprofit
organizations. But engagement takes many forms and many of our
Partners simply give money to support our model. In addition,
Partners are invited to attend our education and social events
throughout the year.
Q: What are the requirements for becoming an SDSVP
Partner?
A: A contribution of a minimum of $5,000 per year for a minimum of
three years.
Q: Can I pay for an SDSVP Partnership with something other than
cash?
A: Yes, you can use corporate matching funds and stock transfers.
You may also make a credit card donation
here.
Q: Is my annual contribution tax-deductible?
A: Yes. SDSVP is a 501(c)(3) nonprofit organization and all
contributions by U.S. citizens are fully tax-deductible.
Q: Do I join alone? Can someone join with me?
A: Yes to both. You may join alone. If you join with someone else,
they must be a spouse, partner or immediate family member living in
the same household.
Q: When is my annual contribution due?
A: Individuals become SDSVP Partners at the time they make their
first annual contribution to the organization. You will be sent a
Partner Renewal each year during the same quarter as your
initiation. However, you may send your payment at any time of the
year.
Q: Is an SDSVP Partner required to give his or her time as well
as the annual financial contribution?
A: No, SDSVP certainly wants all Partners to get involved to the
degree they can with their time and expertise, but some Partners
just don't have any more time they can commit - and that’s OK.
About 30% of SDSVP Partners contribute money only. Partners can
scale their level of involvement from money only to one time
project oriented events or longer term projects lasting up to 6-12
months. And some Partners contribute for a while, take a break, and
then get involved again, as professional and family lives
allow.
Q: Can I sponsor/gift someone to be a Partner?
A: Yes. You simply need to pay the minimum annual Partnership
contribution. A Partnership makes an excellent graduation or
retirement gift.
Q: Can Partners designate their contribution to a particular
Investee?
A: No. All Partner contributions go into a pooled fund. SDSVP is
like a mutual fund investment for a Partner, not an investment in
an individual organization. Partners who are interested in
supporting the work of a particular Investee will be invited to
provide volunteer services. Of course, they may contribute
additional funds to Investees on their own.
Q: Are all of SDSVP's Partners new to philanthropic
giving?
A: No. Some are and others are more experienced and looking to
expand their "philanthropic portfolio" by participating in SDSVP's
collaborative, venture capital-driven model. The mix of new and
experienced Partners makes for a synergistic mix.
Q: What do the education and community-building aspects of your
mission entail?
A: SDSVP offers an ongoing slate of education meetings, dinner
discussions and engagement opportunities designed to inform our
Partners about community need and grantmaking. We also have happy
hours, quarterly parties, First Fridays and Fireside Chats that
allow Partners to get to know each other socially. All events are
voluntary but encouraged. See
Calendar of Events for a
full listing.