Silver Lining Mentoring (SLM)

Silver Lining Mentoring (SLM) is a left-of-center mentorship program for youth in the foster-care system in Massachusetts. The group matches foster children with trained mentors for at least a year, and it also provides various financial and career-focused educational programs, as well as programs to assist foster children transitioning into adulthood. The group states that diversity, equity, and inclusion (DEI) is essential to its work, and its staff directory includes staff members’ preferred pronouns. 1   2  3

At-A-Glance

Formation:

2001

CEO:

Colby Swettberg

Location: Boston, MA View on map
Tax ID: 04-3575764
Most Recent Filing: 2025
Budget (2025): Assets: $8,344,269 Revenue: $3,691,975 Expenses: $3,696,994

Contents

    Founding and History

    Silver Lining Mentoring was founded in 2001 by Justin Pasquariello, who lived in the foster-care system for four years as a child before being adopted at age nine. Justin would later attend Harvard University, where he developed the mentoring program working with foster youth in the Boston Area that would turn into Silver Lining Mentoring. This program worked with the Mass Mentoring Partnership and was called Adoption and Foster Care Mentoring. The organization was renamed in 2015 to Silver Lining Mentoring. 4

    Financials

    For 2023, Silver Lining Mentoring reported $3,418,288 in revenue, of which $2,771,565 stemmed from contributions and grants, $58,161 from program service revenue, and $114,242 from investment income. It received $280,263 in government grants. 5

    It reported $2,959,408 in expenses, of which $2,304,757 was paid out in salaries and compensation, $18,353 for travel, $76,336 in program expenses, and $39,206 in professional development. It ended the year with a surplus of $458,880 and net assets of $8,129,366. 6

    In 2022, SLM received a grant from billionaire philanthropist Mackenzie Scott. However, the amount of the donation was not publicized by SLM or Scott’s Yield Giving. That year SLM reported $5,734,581 in revenue and $3,256,254 in net revenue. 7  8  9

    Organization Philosophy

    Silver Lining Mentoring holds left-of-center views on diversity, equity, and inclusion (DEI). It maintains a DEI page on its website, claiming that such beliefs are essential to the group’s work, which also emphasizes racial minority and LGBT youth. On the organization’s staff page, each employee has pronouns listed, and the group’s CEO, Colby Swettberg, uses “they, them, their.” 2  3

    Projects and Initiatives

    Silver Lining Mentoring primarily provides mentoring opportunities for youth in the foster care system in Massachusetts. Volunteers are trained by staff and partnered with a foster child for at least a year to provide support. SLM also administers a Learn and Earn program where mentors teach their mentee various life skills through a curriculum, such as household financial literacy and budgeting, as well as career skills. The mentees are paid for each segment of the course that they successfully complete. SLM also provides young adult services for individuals who have aged out. 1

    SLM also runs a program called the Silver Lining Institute. This program provides training and consultation to groups around the country that are interested in developing a similar mentorship program. It also advocates for policy changes related to mentoring and the foster system. 10

    Leadership

    Colby Swettberg is the CEO of Silver Lining Mentoring, a position Swettberg has held since 2009. Swettberg declares using “they, them, their” pronouns. Swettberg was previously the director of LGBTQ services at the Home for Little Wanderers. 3  11

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $8,344,269 $3,691,975 $3,696,994 View
    2023 $8,488,646 $3,418,288 $2,959,408 View
    2022 $7,865,222 $5,734,581 $2,478,327 View
    2021 $4,261,701 $3,038,495 $2,342,124 View
    2020 $3,551,659 $1,792,244 $1,957,394 View
    2019 $3,759,259 $3,469,619 $1,753,789 View

    Prior year filings: 2018, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 28

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Colby SwettbergCHIEF EXECUTIVE OFFICER$257,200
    Kristin HowardCHIEF DEVELOPMENT OFFICER$192,677
    Alaina RosenberryCHIEF OPERATING OFFICER$191,813
    Christina HainesCHIEF STRATEGY OFFICER$163,805
    Diana MeyersSR. DIRECTOR OF FINANCE & ADMINISTRATION$138,083
    Jim RicciutiDIRECTOR OF DEVELOPMENT$129,279
    Teyana CurranDIRECTOR OF REGIONAL PROGRAMS$125,599

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $18,197,167
    • Number of Grants: 623
    • Number of Funders: 145

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $3,000,0002022 The Chicago Community TrustGeneral operating support
    $365,0002021 Wellington Management FoundationSee Part IV
    $275,0002023 Fidelity FoundationOPERATING
    $251,6502022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $250,0002024 Liberty Mutual FoundationOPERATING SUPPORT
    $250,0002023 Liberty Mutual FoundationOPERATING SUPPORT
    $220,0002020 Andrus Family FundThe purpose of this grant is general operating support.
    $200,0002024 Fidelity FoundationOPERATING
    $190,0002021 The Devonshire FoundationYW BOSTONS THREE-YEAR MULTI-YEAR GRANT SUPPORTS DOUBLING INCLUSIONBOSTONS PROGRAM REVENUE, AND ENABLING YW TO INCREASE THE NUMBER OF ORGANIZATIONS THAT PARTICIPATE IN INCLUSIONBOSTON BY AT LEAST 100%. THIS FUNDING INCLUDES OPPORTUNITIES TO LEVERAGE OUR FUNDING THROUGH MATCHING GRANTS.
    $185,0002022 The Devonshire FoundationSILVER LINING MENTORINGS (SLM) THREE-YEAR GRANT SUPPORTS INCREASING ITS COMMUNICATIONS CAPACITY TO MEET THE MENTOR RECRUITMENT AND FUNDRAISING GOALS.
    $179,3752023 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $150,0002023 The Devonshire FoundationSILVER LINING MENTORINGS (SLM) THREE-YEAR GRANT SUPPORTS INCREASING ITS COMMUNICATIONS CAPACITY TO MEET THE MENTOR RECRUITMENT AND FUNDRAISING GOALS.
    $149,7002021 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $135,0002022 Liberty Mutual FoundationOPERATING SUPPORT
    $130,0002020 The Boston FoundationHuman Services
    $125,0002023 Combined Jewish Philanthropies of Greater BostonDAF – Social Services
    $125,0002022 Clipper Ship Foundation IncPROGRAM SUPPORT
    $125,0002021 Liberty Mutual FoundationINTEGRATED SERVICE MODEL
    $125,0002020 Liberty Mutual FoundationINTEGRATED SERVICE MODEL
    $110,2502020 Combined Jewish Philanthropies of Greater BostonDAF – Young Adult Services
    $106,0002024 National Philanthropic TrustHUMAN SERVICES
    $100,0002020 Panorama GlobalProject funding
    $77,7002020 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $75,0002023 SURDNA FOUNDATION INCThe purpose of this grant is general operating support.
    $75,0002021 The Boston FoundationOperating Support/Annual Fund

    References

    1. “Model.” Silver Lining Mentoring. Accessed November 13, 2025. https://www.silverliningmentoring.org/model/. 
    2. “Diversity, Equity & Inclusion.” Silver Lining Mentoring. Accessed November 13, 2025. https://www.silverliningmentoring.org/diversity-equity-inclusion/.
    3. “Meet the Team.” Silver Lining Mentoring. Accessed November 13, 2025. https://www.silverliningmentoring.org/staff/.
    4. “History.” Silver Lining Mentoring. Accessed November 13, 2025. https://www.silverliningmentoring.org/history/. 
    5. Silver Lining Mentoring. Return from an organization exempt from taxation (Form 990). 2023, Part I, VIII.
    6. Silver Lining Mentoring. Return from an organization exempt from taxation (Form 990). 2023, Part I, IX.
    7. Khalifa, Arbaz. “Seeding Our Future: Silver Lining Mentoring Selected by Philanthropist MacKenzie Scott.” Silver Lining Mentoring. March 24, 2022. Accessed November 13, 2025. https://www.silverliningmentoring.org/seeding-our-future-slm-selected-by-philanthropist-mackenzie-scott/. 
    8. “Yield Giving.” Yield Giving. Accessed November 13, 2025. https://yieldgiving.com/gifts/?q=silver+lining+mentoring. 
    9. Silver Lining Mentoring. Return from an organization exempt from taxation (Form 990). 2022, Part I.
    10. “Silver Lining Institute.” Silver Lining Mentoring. Accessed November 13, 2025. https://www.silverliningmentoring.org/silver-lining-institute/. 
    11. “Colby Swettberg.” LinkedIn. Accessed November 13, 2025. https://www.linkedin.com/in/colby-swettberg-they-them-60a6a311/.