2022-02-10T09:14:12-06:00 2021-03-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2020-04-01 311713618 Venture Philanthropy Partners Inc % TANYA EDELIN VENT 2022634790 1201 15th Street NW Suite 510 Washington DC 20005 TANYA EDELIN VP, FINANCE & ADMIN 2403721585 2022-02-09 true TANYA EDELIN 999009999 Marc Berger P01871563 7038930600 3 2020 2022-09-23 18:48:47Z VPPRAISE DC CAROL THOMPSON COLE 1201 15TH STREET NW STE 510 WASHINGTON DC 20005 5347218 false X WWW.VPPARTNERS.ORG X 2000 DE PROVIDES GROWTH CAPITAL & STRATEGIC ASSISTANCE TO BUILD, STRENGTHEN, & SCALE HIGH POTENTIAL ORGANIZATIONS, NETWORKS & SYSTEMS SERVING THE NEEDS OF CHILDREN OF LOW-INC FAMILIES. 23 22 17 20 0 2173987 4839405 0 0 66735 4117 -206064 0 2034658 4843522 1873638 1220540 0 0 2507404 2586438 0 0 402668 1490074 1764910 5871116 5571888 -3836458 -728366 2902846 2568651 397481 783470 2505365 1785181 X SEE SCHEDULE O false false 1220540 1220540 0 SEE SCHEDULE O 1662138 0 0 SEE SCHEDULE O 1282380 0 0 SEE SCHEDULE O 4165058 true true false false false false false false false false true false false false false true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 11 0 true 17 true false false false false false false false false false false false false X 23 22 false false false false false false false true true false false true true true true true true true true false DC MD VA X TANYA EDELIN 2403721585 1201 15TH STREET NW STE 510 WASHINGTON DC 20005 X CAROL THOMPSON COLE PRESIDENT, CEO AND DIRECTOR 40.0 0.0 X X 297556 0 30499 CHARLES REDMOND II VP, FINANCE AND OPS 40.0 0.0 X 212442 0 1933 TELAEKAH BROOKS PARTNER 40.0 0.0 X 197492 0 6675 ISAAC D CASTILLO DIRECTOR 40.0 0.0 X 162963 0 11698 SARAH DOVERE VP, EXTERNAL AFFAIRS 40.0 0.0 X 160508 0 596 LAURA BURGOS DIRECTOR 40.0 0.0 X 115411 0 7089 DAVID BRADT DIRECTOR 0.0 0.0 X 0 0 0 CURTIS BUSER DIRECTOR 0.0 0.0 X 0 0 0 RICHARD S CARTER DIRECTOR 0.0 0.0 X 0 0 0 JACK DAVIES TREASURER AND DIRECTOR 0.0 0.0 X X 0 0 0 EMMA DOCKERY DIRECTOR 0.0 0.0 X 0 0 0 CHARLENE DUKES DIRECTOR 0.0 0.0 X 0 0 0 WILLIAM DUNBAR DIRECTOR 0.0 0.0 X 0 0 0 MICHELE HAGANS DIRECTOR 0.0 0.0 X 0 0 0 LEANA KATZ DIRECTOR 0.0 0.0 X 0 0 0 FRANK LAPRADE CHAIRMAN 0.0 0.0 X X 0 0 0 TONY MARQUEZ DIRECTOR 0.0 0.0 X 0 0 0 B DOYLE MITCHELL JR DIRECTOR 0.0 0.0 X 0 0 0 JAMES MITCHELL JR DIRECTOR 0.0 0.0 X 0 0 0 MARIO MORINO FOUNDING CHAIRMAN 0.0 0.0 X 0 0 0 BRIG OWENS DIRECTOR 0.0 0.0 X 0 0 0 LAUREN PETERSON DIRECTOR 0.0 0.0 X 0 0 0 BRADFORD SEAMON DIRECTOR 0.0 0.0 X 0 0 0 LES SILVERMAN DIRECTOR 0.0 0.0 X 0 0 0 EUGENE STEUERLE DIRECTOR 0.0 0.0 X 0 0 0 DAVID SYLVESTER DIRECTOR 0.0 0.0 X 0 0 0 RACHEL MOORE WELLER DIRECTOR 0.0 0.0 X 0 0 0 CLIFF WHITE VICE CHAIRMAN 0.0 0.0 X X 0 0 0 1146372 0 58490 6 false true false CHILD TRENDS 7315 WISCONSIN AVE SUITE 1200 WES BETHESDA MD 20814 EVAL AND ASSESSMENT 370998 C2 CHANGE SOLUTIONS 4217 23rd Street N ARLINGTON VA 22207 EXEC. SUPPORT SVCS 115150 DELOITTE CONSULTING LLP PO Box 844717 DALLAS TX 75284 STRAT. PLANNING SVCS 275000 THE BRIDGESPAN GROUP 20 Pemberton Street CAMBRIDGE MA 02140 STRAT. PLANNING SVCS 300000 4 2276537 2562868 4839405 0 7028 7028 0 0 0 0 0 500785 503696 -2911 -2911 -2911 0 0 0 0 0 0 0 0 0 0 4843522 4117 X 1220540 1220540 0 0 0 542430 366331 100220 75879 0 1461535 987049 270035 204451 21868 13750 4914 3204 426310 268059 95787 62464 134295 84443 30175 19677 5425 0 5425 0 1878 0 1878 0 56499 21307 30236 4956 0 0 0 1020737 1015537 0 5200 0 134251 44833 78989 10429 0 0 205319 68567 120803 15949 38 12 22 4 0 72672 72672 0 0 0 0 5863 1958 3450 455 0 PROVISION FOR UNCOLL. PLEDGES 262228 0 262228 0 5571888 4165058 1004162 402668 0 0 1098354 1788009 1174224 654261 0 0 0 0 0 0 0 0 0 0 24525 15619 211660 210561 6962 1099 598781 109663 0 0 0 0 0 0 0 0 2902846 2568651 397481 178710 0 0 0 0 0 0 0 0 0 0 0 0 0 604760 0 0 397481 783470 X 1272709 556957 1232656 1228224 2505365 1785181 2902846 2568651 -728366 8182 X false true X true false X 4721298 1859121 3601194 2173987 4839405 17195005 0 0 4721298 1859121 3601194 2173987 4839405 17195005 5523082 11671923 36097 56748 79443 56521 7028 235837 0 0 17430842 0.66961 0.59674 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128476 128476 0 27425 27425 0 55759 54660 1099 1099 0 0 X 4851704 8182 8182 4843522 4843522 5571888 5571888 5571888 SCHEDULE D, PART X, LINE 2: VPP is exempt from federal income taxes under Section 501(c)(3) of the IRC and from District of Columbia franchise tax under applicable tax regulations. VPP is not a private organization pursuant to section 509(a)(1) of the IRC. In accordance with authoritative guidance issued by the Financial Accounting Standards Board (the FASB), VPP recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. To the extent that the final tax outcome of any such matters is different than any amounts recorded, such differences would impact income tax expense in the period in which such determination is made. Interest and penalties, if any, related to accrued liabilities for potential tax assessments are included in income tax expense. With few exceptions, VPP is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended March 31, 2018 and prior. Management has evaluated VPP's tax positions and has concluded that VPP has taken no material uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. true Fair Chance 2001 S Street NW Washington DC 20009 743091832 501(c)(3) 609045 FUND INITIATIVES Latin America Youth Center 1419 Columbia Road NW Washington DC 20009 521023074 501(c)(3) 190093 FUND INITIATIVES College & Career Pathways 7600 Ora Glen Drive 724 Greenbelt MD 20768 262340212 501(c)(3) 25000 FUND INITIATIVES Community Youth Advance 2342 Vermont Avenue Hyattsville MD 20785 203702536 501(c)(3) 75127 FUND INITIATIVES Urban Alliance 2030 Q Street NW Washington DC 20036 521938443 501(c)(3) 59300 FUND INITIATIVES Teach for America 1805 7th Street NW Washington DC 20001 133541913 501(c)(3) 47285 FUND INITIATIVES Peer Forward (FKA College Summit) 1763 Columbia Road NW Washington DC 20009 522007028 501(c)(3) 9893 FUND INITIATIVES Hillside Work Scholarship Connection 6305 Ivy Lane Greenbelt MD 20770 161453581 501(c)(3) 8191 FUND INITIATIVES Year Up 1901 S Bell Street NW Washington DC 20009 043534407 501(c)(3) 13311 FUND INITIATIVES End Time Harvest Ministries 5808 Harland St New Carrollton MD 20784 521379809 501(c)(3) 25000 FUND INITIATIVES Joe's Movement Emporium 3309 Bunker Hill Road Mt Rainer MD 20712 521804860 501(c)(3) 25000 FUND INITIATIVES The Foundation for the Adv of Music & Ed 7100 Quisinberry Way Bowie MD 20720 593836026 501(c)(3) 25000 FUND INITIATIVES First Generation College Bound 8101 Sandy Spring Road Laurel MD 20707 521720876 501(c)(3) 25000 FUND INITIATIVES Oxon Hill High School PTSA 6701 Leyte Drive Oxon Hill MD 20745 822904637 501(c)(3) 7295 FUND INITIATIVES Liberty Promise 2900A Richmond Hwy Alexandria VA 22305 270058022 501(C)(3) 51000 FUND INITIATIVES Training Source 59 Yost Place Capital Heights MD 20743 521843341 501(C)(3) 25000 FUND INITIATIVES 16 0 SCHEDULE I, PART I, LINE 2: Monitoring the use of grants VPP MONITORS THE USE OF GRANT FUNDS ON A QUARTERLY BASIS FOR TRADITIONAL VPP CAPACITY INVESTMENTS AND MONTHLY FOR THE YOUTHCONNECT INVESTMENT (WHICH REQUIRES MONITORING ON A MONTHLY BASIS RELATED TO OUR FEDERAL AWARD). THIS PRACTICE ENSURES THAT FUNDS ARE USED TO ADVANCE THE MUTUALLY AGREED UPON MILESTONES THAT ARE A PART OF THE INVESTMENT AGREEMENT WITH THE PORTFOLIO ORGANIZATION. X X X X X X false false false false false false false false false CAROL THOMPSON COLE PRESIDENT, CEO AND DIRECTOR 290861 0 6695 0 0 0 24611 0 5888 0 328055 0 0 0 CHARLES REDMOND II VP, FINANCE AND OPS 208067 0 4375 0 0 0 0 0 1933 0 214375 0 0 0 SARAH DOVERE VP, EXTERNAL AFFAIRS 160508 0 0 0 0 0 0 0 596 0 161104 0 0 0 ISAAC D CASTILLO DIRECTOR 159398 0 3565 0 0 0 5240 0 6458 0 174661 0 0 0 TELAEKAH BROOKS PARTNER 193325 0 4167 0 0 0 4800 0 1875 0 204167 0 0 0 FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION: VENTURE PHILANTHROPY PARTERS, INC. (VPP), A NONPROFIT PHILANTHROPIC INVESTMENT ORGANIZATION, INVESTS IN HIGH-PERFORMING NONPROFIT ORGANIZATIONS THAT ARE SERVING THE CORE HEALTHY DEVELOPMENTAL, LEARNING, AND EDUCATIONAL NEEDS OF CHILDREN FROM LOW-INCOME FAMILIES IN THE GREATER WASHINGTON REGION. VPP PROVIDES SIGNIFICANT, GROWTH CAPITAL INVESTMENTS AND AUGMENTS THOSE FUNDS WITH STRATEGIC, NON-FINANCIAL RESOURCES TO HELP LEADERS GROW THEIR ORGANIZATIONS IN SIZE, STRENGTH, AND COMMUNITY IMPACT. AND BY DEMONSTRATING THE VALUE OF THIS APPROACH, VPP SEEKS TO INSPIRE PHILANTHROPISTS, CORPORATE AND NONPROFIT LEADERS, AND PUBLIC POLICYMAKERS TO HELP INCREASE THE EFFECTIVENESS AND THE FLOW OF CAPITAL, TALENT, AND OTHER RESOURCES TO NONPROFIT ORGANIZATIONS SHOWING THE GREATEST POTENTIAL FOR IMPROVING THE LIVES OF CHILDREN. ORGANIZATION AND HISTORY: VPP WAS INCORPORATED ON MAY 23, 2000, IN THE STATE OF DELAWARE. VPP, A NONPROFIT PHILANTHROPIC INVESTMENT ORGANIZATION, WAS LAUNCHED IN JUNE 2000 BY MARIO MORINO, THE FOUNDER OF THE MORINO INSTITUTE AND CO-FOUNDER OF LEGENT CORPORATION; SENATOR MARK WARNER; AND RAUL FERNANDEZ, FOUNDER OF PROXICOM. TOGETHER THEY BROUGHT TOGETHER OTHER TECHNOLOGY AND BUSINESS LEADERS TO INVEST APPROXIMATELY $31 MILLION IN VPP'S FIRST FUND, TO PRODUCE SOCIAL, RATHER THAN FINANCIAL, RETURNS. VPP'S FIRST FUND WAS COMMITTED TO A DOZEN ORGANIZATIONS SERVING YOUTH AND FAMILIES IN THE COMMUNITY, WITH FUNDS FULLY DEPLOYED BY THE END OF 2009. VPP RAISED APPROXIMATELY $50 MILLION FOR ITS SECOND FUND FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND THE FEDERAL GOVERNMENT TO INVEST ADDITIONAL CAPITAL IN NONPROFITS AND TO FINANCE VPP'S OWN PROGRAMMATIC AND NON-PROGRAMMATIC OPERATIONS. VPP MADE MULTI-YEAR COMMITMENTS OF CAPITAL TO EIGHT NONPROFIT ORGANIZATIONS IN ITS SECOND PORTFOLIO WITH FUNDS FULLY DEPLOYED AS OF AUGUST 31, 2017. IN JULY OF 2010, THE SOCIAL INNOVATION FUND (SIF), ADMINISTERED BY THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE, AWARDED VPP A $10 MILLION COMMITMENT OVER FIVE YEARS. VPP WAS ONE OF ELEVEN ORGANIZATIONS NATIONALLY AWARDED SIF GRANTS AS PART OF ITS INAUGURAL PORTFOLIO. VPP'S YOUTHCONNECT INVESTMENT IS A PIONEERING COLLABORATION OF GOVERNMENT, PRIVATE PHILANTHROPY, NONPROFIT ORGANIZATIONS, AND EVALUATORS TO DRAMATICALLY IMPROVE OPPORTUNITIES FOR LOW-INCOME YOUTH, AGES 14-24, IN THE GREATER WASHINGTON REGION. VPP'S THIRD PORTFOLIO, THE CAPITAL KIDS PORTFOLIO CONSISTS OF COMMITMENTS OF OVER $28 MILLION; THE MAJOR INVESTMENT OF THE CAPITAL KIDS PORTFOLIO IS READY FOR WORK: CHAMPIONS FOR CAREER AND COLLEGE READY GRADUATES IN PRINCE GEORGE'S COUNTY. READY FOR WORK IS A COLLECTION OF INVESTMENTS IN PARTNERSHIP WITH LOCAL GOVERNMENT, CORPORATIONS, PHILANTHROPY AND NONPROFITS ALL WORKING TOWARD A COMMON GOAL OF PREPARING YOUNG PEOPLE FOR CAREER AND COLLEGE SUCCES. OVER THE PAST 209 YEARS, VPP HAS RAISED AND DEPLOYED OVER $110 MILLION AND SUPPORTED MORE THAN 30 NONPROFIT PARTNERS TO CHANGE THE LIVES OF TENS OF THOUSANDS OF LOW-INCOME CHILDREN AND YOUTH BY PROVIDING THEM ACCESS TO QUALITY EDUCATION, HEALTH CARE, AND CAREER TRAINING. BY INVESTING IN SOME OF THE REGION'S HIGHEST-PERFORMING NONPROFITS VPP HAS ENABLED OUR NONPROFIT PARTNERS TO SERVE 80 NEW SITES, AND SERVE MORE THAN 50,000 YOUNG PEOPLE ANNUALLY. IN APRIL OF 2020, WE FORMED A STRATEGIC ALLIANCE WITH RAISE DC - A MEMBER OF THE NATIONAL STRIVETOGETHER NETWORK- TO BUILD AN INVESTMENT ORGANIZATION CAPABLE OF DRIVING ALIGNMENT AMONG COMMUNITIES, NONPROFIT AND BUSINESS LEADERS, JURISDICTIONAL AND REGIONAL LEADERS AROUND A SYSTEMS CHANGE AGENDA. FORM 990, PART III, LINE 4A - PROGRAM SERVICES ACCOMPLISHMENTS: GRANT PROGRAM EXPENSES - VPP PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE LIVES OF MORE CHILDREN AND YOUTH. VPP DISBURSES FUNDS TO INVESTMENT PARTNERS TO PROVIDE FINANCIAL SUPPORT TO HELP LEADERS BUILD AND STRENGTHEN VPP BEHIND THEIR PROGRAMS, OFTEN REFERRED TO AS "ORGANIZATIONAL CAPACITY." VPP SUPPORTS THIS TYPE OF CAPACITY WITH LARGE-SCALE, MULTI-YEAR FUNDING. VPP'S YOUTHCONNECT INVESTMENT SUPPORTS SPECIFIC PROGRAMMATIC ELEMENTS OF NONPROFIT ORGANIZATIONS TO PROVIDE EDUCATION, SOCIAL SERVICES AND JOB TRAINING TO LOW-INCOME YOUTH AGES 14-24. YOUTHCONNECT ALSO SUPPORTS THE COLLABORATION OF THIS PORTFOLIO OF ORGANIZATIONS TO DEMONSTRATE GREATER IMPACT IN THE NATIONAL CAPITAL REGION THROUGH COLLECTIVE ACTION. LEARN MORE AT: HTTP://WWW.VPPARTNERS.ORG/PORTFOLIO/YOUTHCONNECT. FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS: INVESTMENT PRACTICE - AN IMPORTANT ELEMENT AND DISTINCTION OF THE WORK OF VPP IS ITS APPROACH TO IDENTIFYING, SELECTING AND ENGAGING ITS INVESTMENT PARTNERS. THE VPP TEAM, CONSISTING OF PEOPLE WITH EXPERIENCE IN MANAGEMENT DEVELOPMENT AND BUILDING ORGANIZATIONS, IS RESPONSIBLE FOR SOURCING CANDIDATES, EVALUATING PROSPECTIVE ORGANIZATIONS FOR INVESTMENT, AND SUPPORTING THEM FOR THE DURATION OF THE INVESTMENT PARTNERSHIP. THE VPP TEAM WORKS DIRECTLY WITH ITS INVESTMENT PARTNERS TO SERVE AS A COMBINATION OF STRATEGIC ADVISOR, EXECUTIVE COACH, CHANGE AGENT, FUNDER, BOARD MEMBER AND CONSULTANT WITH THE GOAL OF HELPING GREAT LEADERS BUILD STRONGER, MORE EFFECTIVE ORGANIZATIONS. FORM 990, PART III, LINE 4C - PROGRAM SERVICE ACCOMPLISHMENTS: PROGRAM SERVICE ACCOMPLISHMENTS: STRATEGIC COMMUNICATIONS, INVESTOR RELATIONS AND FIELD-BUILDING: A KEY ELEMENT TO THE STRATEGY OF EXTENDING THE IMPACT OF THE WORK OF VPP IS TO CAPTURE, CODIFY, AND SHARE THE LESSONS AND EXPERIENCES OF VPP'S PHILANTHROPIC WORK WITH AN EXTENDED COMMUNITY OF PHILANTHROPISTS AND PRACTITIONERS. VPP DEVOTES SPECIFIC RESOURCES TO FORMALIZING AND SHARING ITS INVESTMENT PRACTICE, APPROACH, AND PROCESSES. VPP COALESCES THE INDIVIDUALS, FAMILIES, FOUNDATIONS, AND CORPORATE SUPPORTERS INTO A COMMUNITY OF DONORS, COMMITTED TO MAKING THEIR PHILANTHROPY AND CIVIC ENGAGEMENT MORE EFFECTIVE. VPP CREATES VENUES FOR ENGAGEMENT AND EXCHANGE - TO BUILD A COMMUNITY OF INVESTORS COMMITTED TO ADVANCE THEIR OWN PHILANTHROPY AND SHARED INTERESTS. VPP PUBLISHES REPORTS AND PROVIDES RESEARCH FOR THE BENEFIT OF THOSE WHO ARE INVOLVED IN THE NONPROFIT SECTOR AS SERVICE PROVIDERS AND PHILANTHROPISTS. THESE REPORTS SURVEY THE FIELDS OF VENTURE PHILANTHROPY AND HIGH-ENGAGEMENT GRANT-MAKING, ADDRESS CRITICAL ISSUES FACING THE NONPROFIT SECTOR, AND OFFER NEW RESEARCH AND RESOURCES TO ADVANCE MANAGEMENT PRACTICES IN THE SECTOR. RECENT RELEASES: IN NOVEMBER 2015, VPP LAUNCHED READY FOR WORK: CHAMPIONS FOR CAREER AND COLLEGE READY GRADUATES IN PRINCE GEORGE'S COUNTY - VPP'S FIRST OF THE CAPITAL KIDS PORTFOLIO. HTTP://WWW.VPPARTNERS.ORG/NEWS/ANNOUNCEMENTS/VPP-LAUNCHES-NEW-INITIATIVE-R EADY-WORK-CHAMPIONS-CAREER-AND-COLLEGE-READY-GRADUATE. IN THE SPRING OF 2016, VPP RELEASED TWO REPORTS ON YOUTHCONNECT, VPP'S COLLECTIVE IMPACT INVESTMENT. HTTP://WWW.VPPARTNERS.ORG/PORTFOLIO/YOUTHCONNECT/LEARNING. THESE REPORTS HIGHLIGHT THE ACCOMPLISHMENTS, IMPACT AND LESSONS LEARNED OF YOUTHCONNECT AND EVALUATES THE RESULTS AND IMPACT OF THE INITIATIVE ON THE NETWORK PARTNER ORGANZIATIONS AND THE YOUTH EACH SERVES. IN JANUARY 2015, VPP RELEASED A CASE STUDY OF THE SECOND INVESTMENT OF THE SECOND PORTFOLIO, KIPP DC. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED AND FOCUS AREAS OF THE VPP INVESTMENT HTTP://WWW.VPPARTNERS.ORG/PORTFOLIO/PORTFOLIO-II/KIPP-DC IN SEPTEMBER 2014, VPP RELEASED A CASE STUDY OF THE FIRST INVESTMENT OF THE SECOND PORTFOLIO, YEAR UP. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED AND FOCUS AREAS OF THE VPP INVESTMENT, HTTP://WWW.VPPARTNERS.ORG/PORTFOLIO/PORTFOLIO-II-YEAR-UP-NATIONAL-CAPITALR EGION. IN MAY 2014, THE YOUTHCONNECT NETWORK RELEASED ITS SECOND IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS - THE FIRST TWO YEARS. THIS CASE STUDY DELVES INTO THE FIRST STAGES OF THAT WORK-THE EXPERIENCE OF FUNDING, LAUNCHING AND SUPPORTING YOUTHCONNECT, WHILE CHRONICLING BEST PRACTICES AND LESSONS LEARNED THAT MIGHT HELP OTHERS SEEKING TO PURSUE SIMILAR INITIATIVES. HTTP://WWW.VPPARTNERS.ORG/RESULTS/REPORTS/YOUTHCONNECT-NETWORK-PROG RESS-FIRST-TWO-YEARS. IN JANUARY 2013, THE YOUTHCONNECT NETWORK RELEASED ITS FIRST IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS. THE CASE STUDY DESCRIBES THE COLLABORATIVE PROCESS AND RESULTING COMMON OUTCOMES FRAMEWORK DEVELOPED BY THE NETWORK. LEARN MORE AT: HTTP://WWW.VPPARTNERS.ORG/PORTFOLIO/YOUTHCONNECT/LEARNING. IN SEPTEMBER 2012, VPP RELEASED THE FIRST COMPREHENSIVE REPORT OF THE CHALLENGES FACING CHILDREN AND YOUTH THROUGHOUT THE NATIONAL CAPITAL REGION. LEARN MORE AT: HTTP://CAPITALKIDSREPORT.ORG/. IN 2011, VPP FOUNDING CHAIRMAN AUTHORED LEAP OF REASON: MANAGING TO OUTCOMES IN AN ERA OF SCARCITY, PUBLISHED BY VPP. LEARN MORE AT: HTTP://WWW.VPPARTNERS.ORG/LEAPOFREASON/OVERVIEW. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS: VENTURE PHILANTHROPY PARTNERS' (VPP'S) MANAGEMENT GATHERS THE INFORMATION NECESSARY TO COMPLETE FORM 990 AND PROVIDES THAT DATA TO ITS AUDITORS AND TAX ADVISORS TO PREPARE FORM 990. WHEN PREPARATION IS COMPLETE, VPP'S MANAGEMENT AND AUDIT COMMITTEE OF THE BOARD REVIEW THE DRAFT FORM AND PROVIDE FEEDBACK. THE FINAL FORM 990 IS PROVIDED TO THE ENTIRE BOARD BY EMAIL PRIOR TO FILING IT WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 12C - CONFLICTS OF INTEREST POLICY: AT THE ANNUAL MEETING EACH YEAR, THE OFFICERS, DIRECTORS AND STAFF ARE PRESENTED WITH THE CONFLICTS OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY RELEVANT AFFILIATIONS AND POTENTIAL CONFLICTS. IN ADDITION, IF A POTENTIAL CONFLICT EXISTS FOR A VOTING BOARD MEMBER RELATED TO A PARTICULAR INVESTMENT PORTFOLIO ORGANIZATION, THE BOARD MEMBER RECUSES THEMSELVES FROM ANY VOTE/DECISION THAT MAY BE PERCEIVED AS A CONFLICT. FORM 990, PART VI, LINE 15B - DETERMINATION OF COMPENSATION: ON A PERIODIC BASIS, VPP'S COMPENSATION STRUCTURE FOR THE SENIOR TEAM IS ASSESSED RELATIVE TO THE MARKET, PEER ORGANIZATIONS OTHER VARIABLES UNIQUE TO VPP TO ENSURE THAT THE COMPENSATION IS COMPETITIVE TO DRAW THE TALENT REQUIRED TO ACHIEVE VPP'S GOALS AND IS IN ALIGNMENT WITH VPP'S OVERALL COST STRUCTURE. THE SENIOR MANAGEMENT TEAM HAD THEIR BASE SALARIES ESTABLISHED BY AN INDEPENDENT REVIEW IN APRIL 2007 CONDUCTED BY HIRE EXPECTATIONS. THE STUDY WAS BASED UPON A COMBINATION OF ECONOMIC RESEARCH INSTITUTE AND PEER GROUP DATA. IN AN EFFORT TO CONDUCT A CURRENT ASSESSMENT OF MARKET DATA, VPP HAS REQUESTED THE ASSISTANCE OF KEATING ADVISORS, LLC TO PROVIDE UPDATED BENCHMARK INFORMATION FOR THREE SENIOR POSITIONS: PRESIDENT & CEO, PARTNER, AND VICE PRESIDENT. FORM 990, PART VI, LINE 19 - AVAILABILITY OF OTHER DOCUMENTS: VPP DOES NOT REGULARLY PUBLISH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS, BUT THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE IF A REQUEST IS MADE BY A MEMBER OF THE PUBLIC. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTANTS TOTAL FEES:1020737