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
2019-12-01
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
$1,710,513,215
2019
Total expenses
$1,476,910,041
2019
Total assets
$9,264,570,870
2019
Num. employees
283
2019

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.

Grants made by SVCF

GranteeGrant descriptionAmount
The Chicago Community TrustGeneral Nonprofit Support$100,705,810
Parker Institute for Cancer ImmunotherapyHealth$91,753,500
Philadelphia Orchestra AssociationArts & Culture$55,000,000
...and 954 more grants made totalling $1,224,210,579

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
Startup EducationEducation$16,321,608
The Real Estate TrustTransfer of Proceeds From Sale of Property$10,762,345
...and 101 more grants received totalling $105,733,686

Personnel at SVCF

NameTitleCompensation
Jen LovingChief Executive Officer
Nicole TaylorPresident and Chief Executive Officer$648,699
Paul VelaskiChief Operating Officer and Chief Financial Officer$316,816
Ray BramsonChief Operations Officer
Therese WilsonExecutive Vice President and Chief of Staff
...and 49 more key personnel

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

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
Data update history
August 3, 2022
Received grants
Identified 26 new grant, including a grant for $4,322,678 from Foundational Questions Institute
February 28, 2022
Used new vendors
Identified 4 new vendors, including , , , and
February 19, 2022
Updated personnel
Identified 1 new personnel
September 28, 2021
Received grants
Identified 49 new grant, including a grant for $10,762,345 from The Real Estate Trust
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCommunity foundationsSocial advocacy organizationsCharities
Issues
Community improvementPublic policy
Characteristics
Political advocacyOperates donor advised fundsProvides grantsConducts researchLobbyingFundraising eventsOperates internationallyReceives government fundingEndowed supportAuction fundraisersTax deductible donations
General information
Address
2440 West El Camino Real 300
Mountain View, CA 94040
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
813319: Social Advocacy Organizations
Parent/child status
Independent
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