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Education : Youth Education Programs and Services (Grantmaking)

Venture Philanthropy Partners

Investing in a better future for vulnerable children and youth in Greater Washington

four stars

92.38

1201 15th Street, NW Suite 510
Washington, DC 20005
tel: (202) 263-4790   Web Site
EIN: 31-1713618

Board Leadership
Frank LaPrade
Chairman

CEO
Carol Thompson Cole
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 92.38 four stars
  Financial 90.00 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Venture Philanthropy Partners (VPP) makes the future brighter for youth living in Greater Washington by tackling the largest barriers to their success and forging partnerships that bring the expertise, passion and reach necessary to achieve life-changing results. Over the past 16 years, VPP has raised over $100 million to help children and youth of low-income families in Greater Washington access quality education, health care and career training, setting them on the right path to learn, graduate, and become successful, healthy adults. This funding, coupled with our management expertise and support in strengthening staff leadership, has increased the capacity of local nonprofits to help them expand to 80 new sites and serve 50,000 young people each year.

Venture Philanthropy Partners (VPP) makes the future brighter for youth living in Greater Washington by tackling the largest barriers to their success and forging partnerships that bring the expertise, passion and reach necessary to achieve life-changing results. Over the past 16 years, VPP has raised over $100 million to help children and youth of low-income families in Greater Washington access quality education, health care and career training, setting them on the right path to learn, graduate, and become successful, healthy adults. This funding, coupled with our management expertise and support in strengthening staff leadership, has increased the capacity of local nonprofits to help them expand to 80 new sites and serve 50,000 young people each year.

Financial

four stars

90.00

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.2%
  Administrative Expenses 1.9%
  Fundraising Expenses 5.7%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 1.47
  Program Expenses Growth -12.7%
  Liabilities to Assets 1.8%
All data for Financial Performance Metrics calculations was provided by Venture Philanthropy Partners on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Venture Philanthropy Partners on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Venture Philanthropy Partners (DC) 92.38 four stars
Philadelphia Futures (PA) 91.49 four stars
Partnership with Children (NY) 95.13 four stars
Higher Achievement (DC) 88.12 three stars
REACH Prep (CT) 90.71 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,106,490
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $614,808
Total Contributions $4,721,298
   Program Service Revenue $0
Total Primary Revenue $4,721,298
   Other Revenue $36,536
TOTAL REVENUE $4,757,834
   
EXPENSES  
   Program Expenses $5,641,081
   Administrative Expenses $150,813
   Fundraising Expenses $390,900
TOTAL FUNCTIONAL EXPENSES $6,182,794
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,424,960
   
Net Assets $10,956,851

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants $3,361,409 59.6%
Investment Practice $1,482,285 26.3%
Strategic Communications $797,387 14.1%

Ratings History
Venture Philanthropy Partners has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-03 08/01/2018 92.38 four stars
2016-03 12/01/2017 92.38 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1713618
Name in IRS Master File VENTURE PHILANTHROPY PARTNERS INC
NTEE Code T11
NTEE Classification Single Organization Support
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$315,590 5.10% Carol Thompson Cole President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Venture Philanthropy Partners (DC) 92.38 four stars
Living Classrooms Foundation (MD) 90.20 four stars
Communities in Schools of Chicago (IL) 91.75 four stars
LEAP (CT) 93.20 four stars
Overtown Youth Center (FL) 88.81 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Venture Philanthropy Partners
1201 15th Street, NW
Suite 510
Washington, DC 20005
tel: (202) 263-4790
EIN: 31-1713618

Visit Web Site

Board Leadership

Frank LaPrade
Chairman

CEO

Carol Thompson Cole
President, CEO

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