April 8, 2010

Social Venture Partners Turn Focus to Education

From San Diego Business Journal
Monday, April 5, 2010


By Brad Graves

San Diego Social Venture Partners said on March 25 that it made investments in two nonprofit organizations dedicated to education: Reality Changers and Audeo Charter School.

San Diego Social Venture Partners will offer $25,000 per year to the programs over three years. In addition, the group offers nonmonetary support, in the form of expertise and skills, to the organizations they fund. The total value of the support is $600,000 per organization, said Peggy Kidd, the charitable group’s executive director.

Reality Changers is an after-school mentoring program that helps disadvantaged youth in San Diego County become first-generation college students. Audeo Charter School offers an advanced and self-motivating alternative to traditional education for students in grades six through 12.

No comments: