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 $8,550,000 to Teach for All for "Education"; $4,000,000 to Silicon Schools Fund for "Education"; $1,234,829 to Uc Santa Cruz Foundation for "Education"; $1,052,475 to Collaborative for Academic Social and Emotional Learning (CASEL) for "Education"; and $901,910 to American Endowment Foundation for "General Nonprofit Support".

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	Partnership for Supply Chain Management (PFSCM)	501(c)(3)	$774 million	Arlington, VA
4	Global Health Solutions	501(c)(3)	$2.1 billion	Decatur, GA
5	National Philanthropic Trust	501(c)(3)	$1.9 billion	Jenkintown, PA
6	International Committee of the Red Cross (ICRC)	501(c)(3)	$1.8 billion	Switzerland,
7	Direct Relief	501(c)(3)	$1.2 billion	Santa Barbara, CA
8	Ucla Foundation	501(c)(3)	$691 million	Los Angeles, CA
9	Amgen Safety Net Foundation	501(c)(3)	$1.1 billion	Thousand Oaks, CA
10	Genentech Access To Care Foundation	501(c)(3)	$658 million	S San Fran, 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	Gothic Corporation	501(c)(3)	$2.1 billion	Durham, NC
14	Merck Patient Assistance Program	501(c)(3)	$835 million	Kenilworth, NJ
15	AbbVie Patient Assistance Foundation	501(c)(3)	$1.0 billion	North Chicago, IL
16	Health Share of Oregon	501(c)(3)	$1.1 billion	Portland, OR
17	City University Construction Fund (CUCF)	501(c)(3)	$1.7 billion	New York, NY
18	Johnson and Johnson Patient Assistance Foundation	501(c)(3)	$1.1 billion	New Brunswick, NJ
19	Fidelity Investments Charitable Gift Fund	501(c)(3)	$10 billion	Boston, MA
20	Bristol-Myers Squibb Patient Assistance Foundation (BMSPAF)	501(c)(3)	$1.9 billion	New York, NY
21	Novartis Patient Assistance Foundation (NPAF)	501(c)(3)	$801 million	East Hanover, NJ
22	Lilly Cares Foundation	501(c)(3)	$827 million	Indianapolis, IN
23	Ralph C Wilson Jr Foundation	501(c)(3)	$1.2 billion	Detroit, MI
24	University of Florida Physicians	501(c)(3)	$667 million	Gainesville, FL
25	Vanguard Charitable Endowment Program	501(c)(3)	$2.0 billion	Malvern, PA

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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

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