SVP develops “long-term strategic relationships” with non-profit organizations, but only gives 12-month grants in its first year. That seems contradictory, can you explain?
SVP gives initial 12-month grants to new Investees with a long-term approach in mind. During the first year of a funding relationship, the nonprofit Investee and SVP have a chance to get to know each other and mutually decide if there is a basis for a longer-term relationship. After the first year, SVP will make individual refunding grant decisions based on a review of annual objectives. Although the refunding decisions are made annually, SVP expects relationships with many of its Investees will span three to five years.
Related Questions
- Why are there limits on the types of organizations that can apply for grants – organizations that have operating budgets of $500,000 or less and have been in existence for at least a year?
- SVP develops "long-term strategic relationships" with non-profit organizations, but only gives 12-month grants in its first year. That seems contradictory, can you explain?
- What types of organizations are eligible to apply for Non-Profit Grants from Modest Needs donors?
