EIN 20-5205488

Silicon Valley Community Foundation (SVCF)

IRS 501(c) type
501(c)(3)
Num. employees
137
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Silicon Valley Community Foundation is a comprehensive center of philanthropy. Through visionary leadership, strategic grantmaking and world-class experiences, they partner with donors to strengthen the common good locally and throughout the world.
Total revenues
$3,015,340,623
2022
Total expenses
$4,236,289,536
2022
Total assets
$10,982,029,914
2022
Num. employees
137
2022

Program areas at SVCF

Community Action Grants Program SVCF's Community Action Grants program funds local organizations led by people of color and allied organizations. In 2022, Community Action Grants totaling more than $3.2 million were awarded to 120 organizations across seven different issue areas: arts and culture, faith, neighborhoods, local journalism, civic participation, the environment, and health. Investing in Movement- and Power-Building SVCF is working to address structural inequalities and power dynamics in the community through grant funds supporting nonprofits serving people of color, people with low income, and immigrants, among others. Our programs include the California Black Freedom Fund and the LatinXCEL Fund. These funds were created to address unequal access to power and funding by intentionally providing unrestricted funds to nonprofit organizations that organize and serve people of color, build coalitions and advocate for public-policy changes. Encouraging General Operating Support for Nonprofits To help provide nonprofit organizations with the support they need to implement solutions to their communities' challenges as they deem most effective, SVCF encourages its donors to recommend grants that are for general operating support rather than for specific programs or outcomes. In 2022, SVCF distributed more than $369 million in general nonprofit operating support grants.

Grants made by SVCF

GranteeGrant descriptionAmount
Evidence ActionInternational Development$108,221,844
Gradient LearningEducation$47,500,000
Fidelity Investments Charitable Gift FundGeneral Nonprofit Support$39,015,329
...and 976 more grants made totalling $1,913,071,843

Who funds Silicon Valley Community Foundation (SVCF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustPublic, Societal Benefit$257,077,976
Biome Global FoundationGeneral Nonprofit Support$55,000,000
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$45,062,703
...and 112 more grants received totalling $473,730,521

Personnel at SVCF

NameTitleCompensation
Nicole TaylorPresident and Chief Executive Officer$1,010,598
Therese WilsonExecutive Vice President , Chief of Staff$420,507
Chanthi LuneGeneral Counsel$368,103
Elizabeth CareyExecutive Vice President of Finance and Operations$457,398
Sarah ValenciaSenior Vice President , Finance$278,045
...and 39 more key personnel

Financials for SVCF

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,482,642,797
Program services$3,074,234
Investment income and dividends$104,365,415
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$425,253,441
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,736
Total revenues$3,015,340,623

Form 990s for SVCF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-31990View PDF
2018-122020-01-17990View PDF
...and 9 more Form 990s
Data update history
August 2, 2024
Received grants
Identified 15 new grant, including a grant for $10,000,000 from Future of Life Institute
May 18, 2024
Received grants
Identified 9 new grant, including a grant for $1,273,077 from Castellano Family Foundation
January 3, 2024
Received grants
Identified 64 new grant, including a grant for $55,000,000 from Biome Global Foundation
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharitiesDonor Advised Funds (DAFs)
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingOperates internationallyReceives government fundingEndowed supportAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
444 Castro St 140
Mountain View, CA 94041
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
siliconvalleycf.org/ 
Phone
(650) 450-5400
Facebook page
siliconvalleycf 
Twitter profile
@siliconvalleycf 
IRS details
EIN
20-5205488
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
132820
FTB Entity ID
2887672
AB 488 data last updated ("as-of") date
2024-10-16
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