Social Venture Partners Closes Doors But Remains Committed
Social Venture Partners announced today that they will no longer operate after this year, noting that they will “discontinue operation under the current model.” Board members intend to stay involved in advocacy for quality early childhood education, but have not determined the strategy through which they will do so.
Their final investments total $64,000 to the Latin American Community Center, Kingswood Community Center, Mom’s House Wilmington, and the Nemours/A.I. duPont Hospital for Children Behavioral Health Program. Since 2002, the SVP venture philanthropy model has engaged partners (investors) in the investees (early childhood centers and other initiatives), as board members or in other roles. SVP has madenumerous investmentstotaling $1.5M over the years including:
- expanding access and quality to early-childhood education programs, and supporting their assessments of children;
- supporting the work of Sherlynn Aurelio to align Kindergarten readiness expectations among providers and the Christina School District;
- the TEACH scholarship for early childhood educators; and
- advocating for policies and practicesthat benefit kids in early-childhood settings.
As one of the long-time supporters of SVP Delaware, we look forward to working with so many committed partners in determining the most effective ways to engage their tremendous talents and passion.
Related Topics: Education Philanthropy