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 2018 they had $2.4 billion in revenue and $12 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 $553,432,667 to Fidelity Investments Charitable Gift Fund for "General Nonprofit Support"; $100,000,000 to Jasper Ridge Partners for "General Nonprofit Support"; $53,321,000 to Summit Public Schools (SPS) for "Education"; $27,929,905 to Santa Clara University (SCU) for "Education"; and $27,638,370 to Tides Center for "Community Development".

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:

$2,418,011,459

Assets:

$12,563,909,962

Employees:

231

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for SVCF

Fiscal year ending	Date received by IRS	Form	PDF link
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
2013-12	Dec 29, 2014	990	View PDF
...and four more Form 990 PDFs

Financials for SVCF

Field	2017	2016	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$1,315,446	$986,696	33.3%
Related organizations	$250,649,266	$87,937,359	185.0%
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$1,210,544,919	$1,167,322,958	3.7%
<em>Non-cash contributions included in above</em>	$584,816,939	$780,761,458	-25.1%
Total grants, contributions, etc.	$1,462,509,631	$1,256,247,013	16.4%

Field	2017	2016	% Change
Total grants, contributions, etc.	$1,462,509,631	$1,256,247,013	16.4%
Program services	$3,068,812	$3,398,051	-9.7%
Investment income and dividends	$92,768,084	$61,818,970	50.1%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$3,951	$11,245	-64.9%
Net gain from sale of non-inventory assets	$859,830,923	$584,256,998	47.2%
Net income from fundraising events	$-285,112	$-233,491	-22.1%
Net income from gaming activities	$115,170	$133,466	-13.7%
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$2,418,011,459	$1,905,632,252	26.9%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$1,731,333,075	$1,282,646,348	35.0%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$95,051,703	$13,193,104	620.5%
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,242,916	$2,027,650	10.6%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$12,185,927	$12,314,125	-1.0%
Pension/retirement accruals and contributions	$501,921	$657,157	-23.6%
Other employee benefits	$1,740,562	$1,600,589	8.7%
Payroll taxes	$1,128,553	$1,089,571	3.6%
Management fees	$4,160	$111,350	-96.3%
Legal fees	$479,348	$367,617	30.4%
Accounting fees	$336,699	$381,273	-11.7%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$28,630,277	$18,897,947	51.5%
Other fee-for-service	$9,948,262	$5,551,903	79.2%
Advertising and promotion	$1,825,991	$1,741,679	4.8%
Office expenses	$318,454	$641,279	-50.3%
Information tech. expenses	$1,588,415	$1,491,992	6.5%
Royalty expenses	$0	$0
Occupancy	$2,837,459	$2,816,664	0.7%
Travel	$52,353	$74,076	-29.3%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$3,238,974	$3,654,998	-11.4%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$771,238	$914,568	-15.7%
Insurance	$317,660	$320,511	-0.9%
All other expenses	$709,186	$1,085,781	-34.7%
Total expenses	$1,895,238,973	$1,351,468,832	40.2%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$64,807,077	$32,271,454	100.8%
Pledges and grants receivable	$18,468,570	$3,470,126	432.2%
Accounts receivable	$365,099	$259,912	40.5%
Loans receivable from officers, directors, etc.	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$1,330,196	$1,263,033	5.3%
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$341,329	$318,438	7.2%
Buildings, equipment, etc. post-depreciation	$1,070,003	$1,603,338	-33.3%
Investments, publicly traded securities	$6,651,960,615	$6,033,106,113	10.3%
Investments, other securities	$5,822,664,604	$1,165,669,820	399.5%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$2,902,469	$2,545,230	14.0%
Total assets	$12,563,909,962	$7,240,507,464	73.5%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$5,343,503	$2,473,009	116.1%
Grants payable	$705,686,554	$637,823,584	10.6%
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	$151,527,995	$136,590,455	10.9%
Total liabilities	$862,558,052	$776,887,048	11.0%

Field	2017	2016	% Change
Unrestricted net assets	$11,528,047,617	$6,301,176,401	83.0%
Temporarily restricted net assets	$68,130,691	$59,447,545	14.6%
Permanently restricted net assets	$105,173,602	$102,996,470	2.1%

Vendors for SVCF

Vendor	Services	Date
Blackbaud	Fundraising software; CRM software; Marketing software	2019-09-16
█████████ ████████	Software	2019-09-16
██████	Content management system software	2019-09-12
██████████	Fundraising software	2019-09-12
██████	Fundraising software	2019-09-12
█████████	Marketing software	2019-09-12
███████ ███ ████	Fundraising software; Payment processing	2019-09-12
█████	Fundraising software	2019-09-12
...and 13 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	Goldman Sachs Philanthropy Fund (GSPF)	501(c)(3)	$1.3 billion	New York, NY
3	National Philanthropic Trust	501(c)(3)	$2.9 billion	Jenkintown, PA
4	International Committee of the Red Cross (ICRC)	501(c)(3)	$1.8 billion	Switzerland,
5	Partnership for Supply Chain Management (PFSCM)	501(c)(3)	$774 million	Arlington, VA
6	Global Health Solutions	501(c)(3)	$2.1 billion	Decatur, GA
7	Direct Relief	501(c)(3)	$1.2 billion	Santa Barbara, CA
8	Amgen Safety Net Foundation	501(c)(3)	$1.1 billion	Thousand Oaks, CA
9	University of California San Francisco Foundation (UCSF)	501(c)(3)	$628 million	San Francisco, CA
10	Ucla Foundation	501(c)(3)	$691 million	Los Angeles, CA
11	Chan Zuckerberg Foundation	501(c)(3)	$1.9 billion	Palo Alto, CA
12	Koum Family Foundation	501(c)(3)	$612 million	Menlo Park, CA
13	Genentech Access To Care Foundation	501(c)(3)	$658 million	S San Fran, CA
14	Gothic Corporation	501(c)(3)	$2.1 billion	Durham, NC
15	Merck Patient Assistance Program	501(c)(3)	$835 million	Kenilworth, NJ
16	Fidelity Investments Charitable Gift Fund	501(c)(3)	$10 billion	Boston, MA
17	Lilly Cares Foundation	501(c)(3)	$827 million	Indianapolis, IN
18	University of Florida Physicians	501(c)(3)	$667 million	Gainesville, FL
19	Novartis Patient Assistance Foundation (NPAF)	501(c)(3)	$801 million	East Hanover, NJ
20	Bristol-Myers Squibb Patient Assistance Foundation (BMSPAF)	501(c)(3)	$1.9 billion	Lawrenceville, NJ
21	Ralph C Wilson Jr Foundation	501(c)(3)	$1.2 billion	Detroit, MI
22	Johnson and Johnson Patient Assistance Foundation	501(c)(3)	$1.7 billion	New Brunswick, NJ
23	City University Construction Fund (CUCF)	501(c)(3)	$1.7 billion	New York, NY
24	AbbVie Patient Assistance Foundation	501(c)(3)	$1.0 billion	North Chicago, IL
25	Health Share of Oregon	501(c)(3)	$1.1 billion	Portland, OR

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