Pool and Stretch Your Dollars
In a sluggish economy funding for nonprofits shrinks as demand for their services expands. Now, more than ever, it’s important to maximize your gifts.
Since 1997, SVP has helped individuals make smart and leveraged investments in vetted organizations. Over the years, SVP Partners have collectively given more than $13 million to King County nonprofits – far more than most could give alone. And that money was stretched farther by the tens of thousands of volunteer hours given by SVP Partners.
In last the fiscal year alone, SVP provided our King County nonprofits with:
$876,000 Direct unrestricted grants
$203,000 Volunteer time from skilled professionals (2,030 hours at $100 per hour*)
$96,000 Paid consulting funds for capacity building projects
$100,000 Additional donations from individual partners (based on a 5-year average)
$1,275,000 TOTAL SUPPORT
This number multiplies when looking across SVP’s international network. Since SVP’s inception, Partners in 31 different cities have collectively given more than $46 million and countless volunteer hours.
*The value was calculated using a uniform rate of $100 per hour. Although market rates vary according to type of project, SVP chose a single rate at the low end of the range ($75–$150) to maximize ease and reliability of data collected.