SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Social Venture Partners Minnesota
 
Employer identification number

03-0612359
Return Reference Explanation
Form 990, Part VI, Line 11b: Form 990 Review Process The Finance Committee reviews the Form 990. It is then sent to the Board for comment and review before submitting.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Board reviews the Social Venture Partners Minnesota Conflict of Interest Policy and each board member reads and signs a statement of interest form disclosing their interests.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The process for determining compensation for the executive director is through an annual review process. The Board of Directors conducts an annual review and makes any compensation decisions during an executive session of the Board.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Board of Directors conducts an annual review and makes any compensation decisions during an executive session of the Board.
Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection Governing documents, conflict of interest policy and financial statements are not made available to the public. An annual report has been published and is available upon request.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public.
Form 990 Part VII Section A. Line 1a: Officer Compensation Ellen Walthour is a board member who served as a paid Development Consultant in 2021 for a few projects. The Board was notified about this proposed new role and after a broad discussion they unanimously approved this role. It was assessed as a potential Conflict of Interest but determined it was acceptable and Ellen serving as a consultant on fundraising projects would be beneficial to the organization.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID: 21013475
Software Version: 2021v4.0