SOURCE: San Diego Social Venture Partners

June 05, 2007 13:19 ET

San Diego Social Venture Partners Awards $600,000 in Grants and Services to Help Local Non-Profits Combat Hunger & Homelessness

SAN DIEGO, CA--(Marketwire - June 5, 2007) - The San Diego Social Venture Partners (SDSVP) today awarded their 2007 Annual Grant to two San Diego nonprofit organizations fighting Hunger and Homelessness in the region. The recipients -- Corporation for Supportive Housing (CSH) in San Diego and Community Resource Center in Encinitas -- will each receive $300,000 in cash grants and in-kind professional business consulting services from SDSVP over a three-year commitment period. Each organization will leverage SDSVP resources and expertise to increase their capacity to serve the community and improve strategic planning, marketing, positioning, board building and fundraising activities.

"We are very excited about the selection of CSH and Community Resource Center. Hunger and Homelessness are issues that touch every citizen and we are anxious to help each organization increase their effectiveness in our community," said David Field, Chair, SDSVP. "This year we received perhaps our greatest number of qualified nonprofit candidates, but we feel the mission and structure of these recipients meshed naturally with the philosophy of SDSVP and will create significant outcomes."

This is the sixth consecutive year that SDSVP has identified two nonprofit organizations serving a specific social sector in San Diego County. Over 30 of the 140 SDSVP partners participated in an extensive screening and evaluation process of nonprofits focused on hunger and homelessness. Each candidate was judged on their mission, leadership, current and potential impact on the sector, values, and compatibility with SDSVP's mission. Previous SDSVP backed organizations include: ANGELS Foster Family Agency, La Cuna, The Human Development Foundation, The Sierra Club, Second Chance, Excellence in Justice & Education, San Diego Coastkeepers, Yes For Haven, and Junior Achievement. In 2008 SDSVP will focus on finding the most innovative nonprofits serving the Elderly sector.

Established in 2001, San Diego Social Venture Partners has pioneered a new form of giving in San Diego -- venture philanthropy. The organization uses a venture capital model to support solutions to community needs in the region. The Partners of SDSVP work directly with non-profit "investees" devoting time, expertise, and funding to support their efforts. Equally important, SDSVP's model works to build a community of lifelong, informed, and inspired philanthropists. Over the last 5 years SDSVP has worked with 10 different Investees, contributed an estimated $5.6 million in cash and in kind services which includes more than 17,000 strategic and volunteer hours.

Corporation for Supportive Housing

Corporation for Supportive Housing's (www.csh.org) mission is to help communities create permanent housing with services to prevent and end homelessness. Engaging and supporting local social service agencies, developers, public policy makers, and neighborhoods, CSH provides the expertise and collaboration required to finance, develop, and successfully operate housing for the chronically homeless.

In San Diego, CSH assistance in developing new "supportive housing" projects -- living units combined with services, especially mental health programs which the homeless need -- has enabled over 500 people to permanently get off the streets. With the help of SDSVP in strategic planning and marketing CSH aims to procure the development of over 200 new units of housing.

Simonne Ruff, director of CSH San Diego, said, "Working with SDSVP, we can better position and market the demonstrated success of supportive housing to San Diego's developers, politicians, and communities. We'll directly spur the development of quality housing by ensuring that San Diego gets its fair share of government funding and, as a result, permanently ends homelessness."

Community Resource Center

Since 1979 Community Resource Center (www.crcncc.org) has developed social programs that provide food and shelter to stop hunger and homelessness in North County. The organization serves approximately 11,000 clients annually through innovative programs that include: a daily bread room, an emergency food pantry, motel vouchers, rental assistance, and transportation assistance. The organization's largest program, Holiday Basket Program provides food for 4,000 individuals and 2,500 toys for children each year.

Laurin Pause, executive director of Community Resource Center, said, "SDSVP's commitment will be focused on implementing a program to increase the participation of individuals that qualify for Food Stamps. Currently, only 27 percent of eligible San Diego County residents access Food Stamps, and only 4 percent do so in Encinitas."

For more information on joining the San Diego Social Venture Partners, please visit www.sdsvp.org or call Peggy Kidd, Executive Director at 858-720-1631.

Contact Information

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