Cause IQ organization profile

Silicon Valley Community Foundation (SVCF)

Form 990s | Financials | Vendors | Personnel | Peers

SVCF is a community foundation based in Mountain View, CA that was founded in 2006. As of 2019 they had $2.9 billion in revenue and $8.0 billion in assets.

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.

Silicon Valley Community Foundation (SVCF) makes grants to other organizations, such as $451,635,863 to Schwab Charitable Fund for "General Nonprofit Support"; $49,587,432 to Flying Heritage and Combat Armor Museum for "Arts & Culture"; $47,387,099 to Fidelity Investments Charitable Gift Fund for "General Nonprofit Support"; $43,333,333 to The Powerhouse Environmental Arts Foundation for "Arts & Culture"; and $38,000,000 to Charter School Growth Fund (CSGF) for "Education".

EIN:

20-5205488

City:

Mountain View

State:

California

Metro:

San Jose-Sunnyvale-Santa Clara, CA

Website:

siliconvalleycf.org

Phone:

650-450-5400

Facebook:

facebook.com/siliconvalleycf

Twitter:

@siliconvalleycf

Founded:

2006

Type:

501(c)(3)

NTEE:

T31: Community foundations

Revenue:

$2,918,419,538

Assets:

$8,046,442,203

Employees:

232

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for SVCF

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 17, 2020	990	View PDF
2017-12	Mar 15, 2019	990	View PDF
2016-12	Jan 18, 2018	990	View PDF
2015-12	Apr 7, 2017	990	View PDF
2014-12	Feb 16, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for SVCF

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$1,332,403	$1,315,446	1.3%
Related organizations	$213,827,095	$250,649,266	-14.7%
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$1,801,045,198	$1,210,544,919	48.8%
<em>Non-cash contributions included in above</em>	$896,061,707	$584,816,939	53.2%
Total grants, contributions, etc.	$2,016,204,696	$1,462,509,631	37.9%

Field	2018	2017	% Change
Total grants, contributions, etc.	$2,016,204,696	$1,462,509,631	37.9%
Program services	$3,098,574	$3,068,812	1.0%
Investment income and dividends	$127,982,740	$92,768,084	38.0%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$3,331	$3,951	-15.7%
Net gain from sale of non-inventory assets	$771,597,458	$859,830,923	-10.3%
Net income from fundraising events	$-573,741	$-285,112	-101.2%
Net income from gaming activities	$106,480	$115,170	-7.5%
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$2,918,419,538	$2,418,011,459	20.7%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$1,829,191,064	$1,731,333,075	5.7%
Grants to individuals in USA	$116,774	$0	999%
Grants to govts., orgs., and individuals outside USA	$65,665,796	$95,051,703	-30.9%
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,642,130	$2,242,916	17.8%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$13,310,903	$12,185,927	9.2%
Pension/retirement accruals and contributions	$409,095	$501,921	-18.5%
Other employee benefits	$2,083,761	$1,740,562	19.7%
Payroll taxes	$1,140,347	$1,128,553	1.0%
Management fees	$76,127	$4,160	1730.0%
Legal fees	$1,665,210	$479,348	247.4%
Accounting fees	$352,956	$336,699	4.8%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$38,184,282	$28,630,277	33.4%
Other fee-for-service	$7,470,262	$9,948,262	-24.9%
Advertising and promotion	$1,820,862	$1,825,991	-0.3%
Office expenses	$282,444	$318,454	-11.3%
Information tech. expenses	$1,565,294	$1,588,415	-1.5%
Royalty expenses	$0	$0
Occupancy	$3,287,618	$2,837,459	15.9%
Travel	$63,559	$52,353	21.4%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$2,495,144	$3,238,974	-23.0%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$62,688	$771,238	-91.9%
Insurance	$290,679	$317,660	-8.5%
All other expenses	$961,341	$709,186	35.6%
Total expenses	$1,973,062,209	$1,895,238,973	4.1%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$152,684,798	$64,807,077	135.6%
Pledges and grants receivable	$10,071,958	$18,468,570	-45.5%
Accounts receivable	$368,074	$365,099	0.8%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$1,149,504	$1,330,196	-13.6%
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$322,703	$341,329	-5.5%
Buildings, equipment, etc. post-depreciation	$1,199,670	$1,070,003	12.1%
Investments, publicly traded securities	$6,631,562,094	$6,651,960,615	-0.3%
Investments, other securities	$1,246,947,628	$5,822,664,604	-78.6%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$2,135,774	$2,902,469	-26.4%
Total assets	$8,046,442,203	$12,563,909,962	-36.0%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$3,000,253	$5,343,503	-43.9%
Grants payable	$580,268,790	$705,686,554	-17.8%
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$131,345,508	$151,527,995	-13.3%
Total liabilities	$714,614,551	$862,558,052	-17.2%

Field	2018	2017	% Change
Unrestricted net assets	$7,146,208,072	$11,528,047,617	-38.0%
Temporarily restricted net assets	$76,803,064	$68,130,691	12.7%
Permanently restricted net assets	$108,816,516	$105,173,602	3.5%

Vendors for SVCF

Vendor	Services	Amount paid	Date
Drupal	Content management system software		2020-06-15
█████	Fundraising software		2020-06-15
█████████	Fundraising software; CRM software; Marketing software		2019-09-16
█████████ ████████	Software		2019-09-16
████ █████ ███	Tax accounting; Audit accounting		2018-11-14
███████ █████ █████████ ████ ██	Investment Management	$1,922,847	2017-12-01
██ ████ █████████ █████████████	Investment Management	$1,504,417	2017-12-01
██████	Investment Management	$13,980,615	2017-12-01
...and nine more vendors

Personnel at SVCF

Name	Title	Compensation	Most recent data
Jen Loving	President and Chief Executive Director	-	July 17, 2019
Nicole Taylor	President and Chief Executive Officer	-	Aug. 28, 2019
████ ███████	Chief Operating Officer and Chief Financial Officer	$281,750	March 31, 2018
█████ ███████	Chief Philanthropy Officer	$165,307	Dec. 17, 2018
████ ██████████	Chief Donor Experience and Engagement Officer	-	Sept. 1, 2019
████ █████	Interim Executive Vice President, Finance and Operations	-	July 17, 2019
████ █████	Senior Vice President, Investments	$211,365	July 17, 2019
█████ ████████	Vice President, Finance	-	July 17, 2019
█████ ████	Executive Vice President, Community Impact	$241,152	July 17, 2019
██████ ██████████	Vice President, Community Impact	-	July 17, 2019
...and 50 more key personnel

Peer community foundations

	Name	Type	Revenue	Location
1	Schwab Charitable Fund	501(c)(3)	$3.4 billion	San Francisco, CA
2	International Committee of the Red Cross (ICRC)	501(c)(3)	$1.8 billion	Switzerland,
3	National Philanthropic Trust	501(c)(3)	$2.9 billion	Jenkintown, PA
4	Harvard Private Capital Holdings (HMC)	501(c)(3)	$895 million	Boston, MA
5	Open Society Foundations	501(c)(3)	$878 million	New York, NY
6	Morgan Stanley Global Impact Funding Trust	501(c)(3)	$751 million	Indianapolis, IN
7	Global Health Solutions	501(c)(3)	$2.1 billion	Decatur, GA
8	Paulson Family Foundation	501(c)(3)	$1.1 billion	New York, NY
9	Amgen Safety Net Foundation	501(c)(3)	$1.1 billion	Thousand Oaks, CA
10	Direct Relief	501(c)(3)	$1.2 billion	Santa Barbara, CA
11	Chan Zuckerberg Foundation	501(c)(3)	$2.3 billion	Palo Alto, CA
12	City University Construction Fund (CUCF)	501(c)(3)	$1.7 billion	New York, NY
13	Johnson and Johnson Patient Assistance Foundation	501(c)(3)	$1.7 billion	New Brunswick, NJ
14	Goldman Sachs Philanthropy Fund (GSPF)	501(c)(3)	$1.3 billion	New York, NY
15	Health Share of Oregon	501(c)(3)	$1.1 billion	Portland, OR
16	AbbVie Patient Assistance Foundation	501(c)(3)	$1.0 billion	North Chicago, IL
17	Knight Foundation Attn Lisa Mckillips	501(c)(3)	$2.8 billion	Beaverton, OR
18	Gothic Corporation	501(c)(3)	$2.1 billion	Durham, NC
19	Merck Patient Assistance Program	501(c)(3)	$1.2 billion	Kenilworth, NJ
20	Lilly Cares Foundation	501(c)(3)	$827 million	Indianapolis, IN
21	Novartis Patient Assistance Foundation (NPAF)	501(c)(3)	$1.3 billion	East Hanover, NJ
22	Bristol-Myers Squibb Patient Assistance Foundation (BMSPAF)	501(c)(3)	$1.0 billion	Lawrenceville, NJ
23	Sunderland Foundation	501(c)(3)	$1.5 billion	Leawood, KS
24	Fidelity Investments Charitable Gift Fund	501(c)(3)	$10 billion	Boston, MA
25	Gothic HSP Corporation	501(c)(3)	$795 million	Durham, NC

Also explore

Want more details?

You're in good company! Cause IQ's customers include leading technology, accounting, financial services, consulting, fundraising, and other firms.

Request a demo and see Cause IQ in action!

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for community foundations, qualify inbound opportunities like Silicon Valley Community Foundation (SVCF), benchmark clients to other community foundations, and enrich existing CRM information.

Already a customer?

Log in to see a complete profile, including all key personnel, Form 990 PDF downloads, vendors, and organization reports.

Curious how Cause IQ can help you grow, maintain, and serve your nonprofit clients?

Get a demo

Cause IQ organization profile

Silicon Valley Community Foundation (SVCF)

Form 990s for SVCF

Financials for SVCF

Vendors for SVCF

Personnel at SVCF

Peer community foundations

Also explore

Want more details?

What is Cause IQ?

Already a customer?

Nonprofits

Product

Customers

About

Email newsletter