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Building Capacity Builders: The Investee

Social Venture Partners Aug 18, 2017
This article is deemed a must-read by one or more of our expert collaborators.
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Impact Investing
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SVP Partners Tanya Anderson, Debbie Newell and Paul Cavanaugh had their first meeting with Open Arms Perinatal Services at their location in North Beacon Hill just as spring was settling into 2015. They were cautious, fully aware that finances can be a sensitive subject for anyone. But as it turns out, they had nothing to worry about.

Co-founder and executive director of Open Arms at the time, Sheila Capestany, had been waiting for an opportunity to take their finances to the next level. Also, the meeting space, true to Open Arms’ character, was like sitting in a family living room, taking the stress out of the air.

“I think they meet there with mothers and their babies. It needs to feel warm and comfortable,” Tanya remembers. “So it was the perfect environment to start this conversation, because normally in finance you sit at a table that’s cold and stark. It sort of took the thing down a notch.”

Building on the success with Open Arms, SVP’s Finance community-practice-timeline-graphic-revised. The community of Practice has gone through the financial health assessment with seven organizations thus far, with three more planned over the next year. By 2017, the process will be integrated into the first year with all incoming investees.

Read the source article at Social Venture Partners

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Learning and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact on Impact Philanthropy take a look at these selections from Giving Compass.

  • This article is deemed a must-read by one or more of our expert collaborators.
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    How an XQ Super School Flopped

    Giving Compass' Take: • Tara García Mathewson writes about a Super School that never got off the ground in Somerville, MA.  • This article provides a portrait of how innovation and equity did not mix. How can donors, educators, and policymakers learn from this experience moving forward?  • Here's an article on the messy reality of personalized learning.  Alec Resnick and Shaunalynn Duffy stood in Somerville City Hall at about 6:30 on March 18, a night they hoped would launch the next chapter of their lives. The two had spent nearly seven years designing a new kind of high school meant to address the needs of students who didn’t thrive in a traditional setting. They’d developed a projects-driven curriculum that would give students nearly unprecedented control over what they would learn, in a small, supportive environment. Resnick and Duffy had spent countless hours shepherding this school through the political thickets that all new public schools face. Approval by the teachers’ union, which had been the most time-consuming obstacle, had finally come through in early January. Tonight, the school committee would cast its votes. Resnick had reason to be optimistic. Somerville Mayor Joseph Curtatone sat on the school committee, and he’d been the one to suggest they consider designing a new public school in the first place, back in 2012. Somerville schools superintendent Mary Skipper had been instrumental in keeping the approval process moving forward when prospects looked bleak. She wouldn’t be voting tonight, but she planned to offer a recommendation to elected officials. And then there was the $10 million. Resnick and Duffy had won the money in a national competition to finish designing and ultimately open and run their high school, and the pair knew it had helped maintain interest in their idea. Voting against them would mean walking away from a lot of outside funding. Read the full article about Super Schools by Tara García Mathewson at The Hechinger Report.


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