Tuesday, 06 November 2007

Social Investment Model

Who is Social Ventures Australia (SVA)

They are an independent non-profit organisation, who have a new and unique model of social investment that aligns the interests of philanthropists with the needs of social entrepreneurs to combat some of Australia 's most pressing community problems. With a focus on accountability and impact, SVA provides funding, mentoring and organisational tools to a carefully selected portfolio of non-profit ventures led by outstanding social entrepreneurs. In doing so, they seek to boost their effectiveness, efficiency, capacity and sustainability through their hands-on approach – effectively delivering a ‘24x7 due diligence' reassurance to the philanthropists who support the work they do.

They seek to strengthen the broader non-profit sector by making their organisational tools accessible to all interested ventures through regularly scheduled workshops, annual conferences and an interactive online portal. (Their online portal is currently being updated.) SVA has Deductible Gift Recipient (DGR) status and therefore any donations to SVA made by individuals, corporate entities or trusts are tax-deductible.

Their mission and vision

SVA's mission is to identify visionary social entrepreneurs and support them to achieve sustainable social change. SVA unites people in the belief that they need to do more as a community to provide all Australians with the opportunity for Sustainable economic participation - by increasing the number of people with access to, and engaged in, productive and purposeful activity within the community. Meaningful social connection - by building connections with marginalised, diverse and disparate groups to increase the number of people participating in community with a sense of ownership and belonging. A lasting sense of personal significance - by increasing the opportunity for contribution and reciprocity, building a sense of self-worth and value in all people in our community.

To get a full understanding of SVA visit their website on http://www.socialventures.com.au/
  • Is this the social venture support model we need in South Africa?
  • How do we build the network and linkages with such organisations and others to strengthen our own social ventures in South Africa?
  • What are your thoughts/comments?