SOCIAL VENTURE PARTNERS
Mission Capital and its Board of Directors are proud to announce that, effective January 29, 2021, Austin Social Venture Partners (SVP) Chapter became an independent 501c3 entity — SVP Austin, Inc.
Over the last six years, hosting the SVP Chapter here at Mission Capital provided us with opportunities to enhance individual donor connections to nonprofits, amplify the giving circle of SVPs and increase SVP volunteerism and board service with nonprofits to accelerate community impact.
Mission Capital’s joint decision with SVP to spinoff is a strategic decision to support the autonomy and growth of each organization, while still collaborating on key community initiatives. This will allow our respective organizations to better serve the changing needs of the Central Texas community, and allow the talented SVP Austin members to fully engage with both nonprofit & for-profit social impact enterprises, while expanding community networks.
Mission Capital programs that historically included active SVP engagement, such as Revenue Generator and Impact Academy, are currently being revamped; more information will be provided as soon as those decisions are finalized.
The independent SVP Austin Chapter will continue to bring dedicated philanthropists and volunteers and social innovation practices to the nonprofit community and will be bringing an equity lens to its work as well.
At Mission Capital, we are excited about the future of SVP Austin and look forward to supporting the spinoff launch in 2021.
Social Venture Partners is part of a global network of over 3,400 individual donors from Boston to Bangalore who harness the power of collective philanthropy in service to their communities. SVPs are typically organized by geographic affiliate chapters of SVP members. As part of a joint due diligence process, Austin SVP leaders sought best practice models for leveraging the entrepreneurial energy of local SVPs as individual donors and engaged volunteers dedicated to making a greater collective impact on the Central Texas community.