Program areas at SVCF
Community Action Grants Program To shift more funding toward local organizations led by people of color, SVCF launched the Community Action Grants program in January 2021. In just its first year, the program awarded 108 grants totaling nearly $2.7 million to organizations across seven different issue areas: arts and culture, faith, neighborhoods, local journalism, civic participation, the environment and health. Investing in Movement- and Power-Building SVCF is working to address structural inequalities and power dynamics in the community through grant funds established in 2021: the California Black Freedom Fund and the LatinXCEL Fund. These funds were created to address unequal access to power and funding by intentionally providing unrestricted funds to nonprofit organizations that organize and serve people of color, build coalitions and advocate for public policy changes. California Black Freedom Fund Launched in February 2021, the California Black Freedom Fund (CBFF), created with Black leaders and organizers, ensures that California's growing ecosystem of locally rooted, Black-led organizing efforts have sustained investments and resources needed to eradicate systemic and institutional racism. The fund addresses a history of underinvestment in Black-led organizations and power-building by philanthropy. Since its launch, the CBFF has made $15 million in grants to support over 75 Black-led groups across California. LatinXCEL Fund SVCF launched the LatinXCEL Fund in May 2021 in partnership with The Castellano Family Foundation as a way to unleash the Latinx community's civic and economic potential through targeted, long-term investments in Latinx-led nonprofits and leaders. In 2021, SVCF awarded $1.4 million in grants to 36 inaugural grantees.
Who funds Silicon Valley Community Foundation (SVCF)
Grants from foundations and other nonprofits
Personnel at SVCF
Name | Title | Compensation | Date of data |
---|
Jen Loving | Chief Executive Officer | | 2020-08-17 |
Nicole Taylor | President and Chief Executive Officer | $996,341 | 2022-11-25 |
Ray Bramson | Chief Operations Officer | | 2020-08-17 |
Therese Wilson | Executive Vice President and Chief of Staff | $387,193 | 2022-11-25 |
Chanthi Lune | General Counsel and Senior Vice President , Operations | $322,840 | 2022-11-25 |
...and 56 more key personnel |
Financials for SVCF
Revenues | FYE 12/2021 | FYE 12/2020 | % Change |
---|
Total grants, contributions, etc. | $3,979,452,881 | $2,126,116,882 | 87.2% |
Program services | $2,734,842 | $2,314,418 | 18.2% |
Investment income and dividends | $54,250,142 | $90,028,004 | -39.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $-3,197 | -100% |
Net gain from sale of non-inventory assets | $1,576,997,651 | $417,503,962 | 277.7% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $39,456 | -100% |
Total revenues | $5,613,435,516 | $2,635,999,525 | 113% |
Organizations like SVCF
Organization | Type | Location | Revenue |
---|
The Chicago Community Trust | 501(c)(3) | Chicago, IL | $2,005,272,891 |
The Pauley Family Foundation | 501(c)(3) | Richmond, VA | $1,899,350,410 |
Fidelity Investments Charitable Gift Fund | 501(c)(3) | Boston, MA | $19,858,151,933 |
Schwab Charitable Fund | 501(c)(3) | San Francisco, CA | $10,074,660,178 |
Vanguard Charitable Endowment Program | 501(c)(3) | Southeastern, PA | $3,094,926,210 |
National Philanthropic Trust | 501(c)(3) | Jenkintown, PA | $14,381,775,406 |
Renaissance Charitable Foundation | 501(c)(3) | Indianapolis, IN | $1,643,145,757 |
American Online Giving Foundation | 501(c)(3) | Newark, DE | $1,823,580,082 |
Morgan Stanley Global Impact Funding Trust | 501(c)(3) | Indianapolis, IN | $2,993,172,517 |
Open Society Foundations | 501(c)(3) | New York, NY | $2,059,390,609 |
Data update history
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 22, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
May 7, 2023
Received grants
Identified 3 new grant, including a grant for $2,461,648 from Starhill Associates November 23, 2022
Updated personnel
Identified 23 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingOperates 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/Â
- Phone
- (650) 450-5400
- Facebook page
- siliconvalleycfÂ
- Twitter profile
- @siliconvalleycfÂ
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
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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