"I truly enjoy all the learning aspects of SV2."
Jon Goulden • Meet Our Partners
Lightning Grant Rounds are a shorter grantmaking experience, taking place over just one month. Each Lightning Round focuses on a particular issue area (for example, Economic Opportunity, Education, Environment, and Housing, among others).
SV2’s Lightning Rounds rely on funder allies, foundations who collaborate with SV2, by nominating organizations from their own portfolios and sharing their diligence materials with us. This lessens the burden for nonprofits and allows us as Partners to learn how to conduct due diligence from experienced philanthropy professionals.
During Lightning Rounds, participating Partners review the diligence materials online, participate in conference calls with the funder allies, evaluate the finalists against a rubric we’ve developed, and collectively select a single Grantee. Lightning Round Grantees receive a one-year general operating support grant of up to $50,000, as well as Beyond-the-Dollars capacity-building support from Partners.