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About New Path Ventures  

Vision Mission Objectives Functions Operational Policies Values

Vision  

Leadership in sustainable resourcing of compassionate, innovative and accessible New Path Services  including, research, training and prevention in partnership with New Path Foundation and New Path Youth and Family Services.

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Mission  

To develop and support the use of ‘social purpose enterprise’ driven services, administration and resource development programs for the purpose of increasing the flow of revenues into services.

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Objectives  

  • To develop social purpose activities for the benefit of New Path programs.

  • To forge productive linkages for the purpose of New Path Ventures goals

  • To promote and encourage resource development activities that result in net revenues for New Path Services.

  • To work toward sustainable resource strategies for New Path.

  • To establish an operating culture for innovative ideas and provide an incubator for these ideas.

  • To ensure all activities of New Path Ventures have attainable and measurable results.

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Functions  

  • To track all activity of New Path Ventures to ensure full transparency

  • To evaluate the efficiency and effectiveness of New Path Ventures' programs as they relates to the mission and goals.

  • To determine the cost effectiveness of programs/projects using social purpose assessment tools.  

  • To provide administrative services on an as needed basis to New Path Ventures activity.

  • To promote, communicate, market all social purpose activities to New Path community and beyond.

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Operation Policies  

  • All work of New Path Ventures shall be to the benefit of New Path and its stakeholders.

  • Decisions regarding Ventures program/project expense, New Path staff participation, and gross revenues are made consistent with project purpose, available resources and New Path policies

  • All New Path Ventures activities will have a social purpose outcome.

  • Revenues for New Path Ventures development are derived from Grants, project net revenues and New Path Foundation.

  • The use of net revenues derived from projects/programs is determined using established criteria including:

    • project terms of reference and

    • New Path Ventures mission, policy and procedures.

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Values   

  • New Path Ventures endeavours to work closely with New Path Youth and Family Services and New Path Foundation and build on their strengths and successes.

  • New Path Ventures recognizes the importance of community partners that bring added value to social purpose program activity.

  • New Path Ventures recognizes the importance of and strongly supports the goals, objectives, and work of New Path Youth and Family Services and New Path Foundation.

  • New Path Ventures supports and encourages integrated and cross-sectoral partnership components in all of its program/project activity.

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