EIN 20-5205488

Silicon Valley Community Foundation (SVCF)

IRS 501(c) type
501(c)(3)
Num. employees
283
Year formed
2006
Most recent tax filings
2019-12
NTEE code, primary
Financials as of 2019-12
Revenues
$1.7b
-$1b
-41.4%
 
$1b: Grants & donations
 
$337m: Non-invt sales, net
 
$158m: Invst income
 
$21m: Misc other revenues
Expenses
$1.5b
-$496m
-25.1%
 
$1b: Grants, in USA
 
$83m: Grants, non-USA
 
$41m: Invest mgmt
 
$38m: Misc other expenses
Assets
$9.3b
+$1b
15.1%
 
$7b: Stocks & bonds
 
$2b: Other sec
 
$95m: Savings
Liabilities
$745.7m
+$31m
4.4%
 
$606m: Grants payable
 
$118m: Escrow
 
$18m: Other lia
 
$3m: Misc other liabilities
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.

Program areas at SVCF

Preparation for Census 2020: Leading up to the 2020 census, SVCF distributed more than $1.9 million in grants to 70 local organizations working at the grassroots level to encourage participation in the census and ensure an accurate count. Funding focused on hard-to-count populations and regions, including elderly residents and the rural San Mateo County coast, where nonprofits deployed trusted messengers to get the word out. Housing: In 2019, SVCF worked to protect, preserve and produce affordable housing in Santa Clara and San Mateo counties. Key strategies included local grantmaking, collaborating with corporate partners, focusing on preventing homelessness and supporting safety-net services to keep families in their homes. SVCF hosted Governor Gavin Newsom and a group of more than a dozen CEOs of the top local companies to gain more corporate commitments to improving housing availability in the high-priced Bay Area. Fighting systemic injustices in our region: After two years of advocacy activities by SVCF and partners, in 2019, Governor Gavin Newsom signed Senate Bill 41, making it illegal to use gender and race to determine the compensation victims and families are awarded in civil cases involving injury and death. Responding to local tragedy: Within hours of the tragic Gilroy Garlic Festival shooting in July 2019, SVCF responded by establishing a relief fund in collaboration with Gilroy Foundation. SVCF administered more than $1.9 million in donations. As intended by donors, 100% of funds went directly to those affected: 22 injured victims or families of victims who died from gunfire, and to 98 additional victims who received hardship support.

Form 990s for SVCF

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-31990View PDF
2018-122020-01-17990View PDF
2017-122019-03-15990View PDF
2016-122018-01-18990View PDF
2015-122017-04-07990View PDF
...and 6 more Form 990s

Who funds Silicon Valley Community Foundation (SVCF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$35,045,750
 Subscribe to view█████$░░,░░░,░░░
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...and 100 more grants received

Grants made by SVCF

GranteeGrant descriptionAmount
The Chicago Community TrustGeneral Nonprofit Support$100,705,810
 Subscribe to view███$░░,░░░,░░░
 Subscribe to view██ ███$░░,░░░,░░░
 Subscribe to view████$░░,░░░,░░░
 Subscribe to view█████$░░,░░░,░░░
...and 952 more grants made

Financials for SVCF

RevenuesFYE 12/2019
Total grants, contributions, etc.$1,213,021,029
Program services$2,745,762
Investment income and dividends$158,097,365
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,120
Net gain from sale of non-inventory assets$337,096,136
Net income from fundraising events$-610,113
Net income from gaming activities$113,640
Net income from sales of inventory$0
Miscellaneous revenues$47,276
Total revenues$1,710,513,215

Personnel at SVCF

NameTitleCompensation
Jen LovingChief Executive Officer
Michelle TorgersonPresident and Chief Executive Officer
Ray BramsonChief Operations Officer
 Subscribe to viewExecutive Vice President, Chief of Staff
 Subscribe to viewChief Donor Experience and Engagement Officer
...and 55 more key personnel

Organizations like SVCF

OrganizationLocationRevenue
Tides FoundationSan Francisco, CA$511,078,682
The SignatryOverland Park, KS$1,017,526,786
Ucla FoundationLos Angeles, CA$557,879,629
National Christian Foundation / Natl Christian Charitable FDN IncAlpharetta, GA$1,445,156,128
Renaissance Charitable FoundationIndianapolis, IN$456,469,570
American Endowment FoundationHudson, OH$1,135,358,730
Jewish Communal FundNew York, NY$822,229,715
Network for GoodWashington, DC$497,451,609
Paulson Family FoundationNew York, NY$1,144,272,257
American Online Giving FoundationClearwater, FL$606,310,220
Bank of America Charitable Gift FundProvidence, RI$632,034,707
Schwab Charitable FundSan Francisco, CA$4,558,510,409
National Philanthropic TrustJenkintown, PA$2,858,611,746
Morgan Stanley Global Impact Funding TrustIndianapolis, IN$751,860,799
University of Louisville Research FoundationLouisville, KY$462,613,103
Feeding AmericaChicago, IL$2,831,620,652
AbbVie Patient Assistance FoundationNorth Chicago, IL$1,753,453,665
Bloomberg PhilanthropiesNew York, NY$543,816,342
Open Society FoundationsNew York, NY$878,622,618
Sanofi Foundation for North AmericaBridgewater, NJ$565,683,690
Novartis Patient Assistance Foundation (NPAF)East Hanover, NJ$1,374,840,088
Gothic CorporationDurham, NC$2,032,262,996
Goldman Sachs Philanthropy Fund (GSPF)New York, NY$3,764,893,999
The Susan Thompson Buffett FoundationOmaha, NE$511,206,837
A Good Name FoundationAtlanta, GA$770,394,527
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$1,710,513,215
2019
Yearly growth
-41.4%
% of revenues
n/a
Total expenses
$1,476,910,041
2019
Yearly growth
-25.1%
% of expenses
n/a
Total assets
$9,264,570,870
2019
Yearly growth
15.1%
% of assets
n/a
Num. employees
283
2019
Yearly growth
22%
% of total
n/a
General information
Address
2440 West El Camino Real 300
Mountain View, CA 94040
Metro area
San Jose-Sunnyvale-Santa Clara, CA
Website URL
siliconvalleycf.org/ 
Phone
(650) 450-5400
Facebook page
siliconvalleycf 
Twitter profile
@siliconvalleycf 
IRS details
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
Independent
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