Practical tips to expand your reach and impactSocial Venture Partners aligns passion and purpose through a global network of local partners. The goal is to build communities intent on solving our most entrenched problems.
In the Minnesota chapter, we focus on youth programs. By pairing engaged donors and philanthropists with teen-centered nonprofits, we help organizations dedicated to underserved teens build capacity and strengthen impact in the community.
We believe in the power of investing in collaborative solutions, and we've learned some best practices to support nonprofit expansion for any mission:
- Conduct a strength and weakness analysis. An organizational capacity assessment is the first step in our approach to expansion. Use the results to pinpoint the areas in which your organization needs the most help, such as staffing or accounting.
- Cultivate partnerships with subject matter experts. Find experts who'd be willing to donate their time to advise you in specific functional areas. Knowledge directly supports expansion.
- Be open to suggestions. Remember that organizational growth is a team effort.
- Stay true to your mission. Create a strong, passionate board who believes in your mission and will strive to maintain it.