EIN 51-0644783

Silicon Valley Social Venture Fund - SV2

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2007
Most recent tax filings
2022-06-01
NTEE code, primary
Description
SV2 unleashes Silicon Valley's resources for social impact via experiential grantmaking, impact investing and philanthropy education.
Also known as...
Silicon Valley Social Venture Fund
Total revenues
$1,729,206
2022
Total expenses
$1,593,102
2022
Total assets
$2,310,779
2022
Num. employees
6
2022

Program areas at Silicon Valley Social Venture Fund - SV2

EXPERIENTIAL GRANTMAKING & IMPACT INVESTING - SV2 conducts grant rounds in which SV2 Partners (donors) gain experiential education about specific social or environmental issue areas and strategic philanthropy. SV2 Partners pool their charitable contributions and then work together to identify and select high-potential Grantees and Impact Investees from among local nonprofits and social ventures. Grantees receive unrestricted cash grants in order to scale their ability to achieve their missions and contribute to a Bay Area and world where everyone thrives.In 2021-22, SV2 made four multi-year, general operating support grants in the areas of economic inclusion and education. SV2 also conducted its seventh year of impact investing, in which Partners performed due diligence and selected three mission-driven social ventures and one mission-driven venture capital fund in which to make investments. The SV2 Teens Program, in which teenage children of SV2 Partners learn about local issues and the nonprofits addressing them, awarded two grants to nonprofits focused on environmental education. Data suggests that, as a result of the experiential grantmaking program and other learning SV2 provides, 94% of Partners increased their level of knowledge about local community needs and solutions, 87% of Partners have increased confidence in practicing effective giving, and 72% become more effective social impact leaders.
FIELD LEADERSHIP AND COMMUNITY BUILDING - SV2 extends its impact through field leadership (speaking, writing, social media), hosting major community-wide events, spearheading regular communications across our network, and building strategic partnerships with social impact-focused organizations across the Bay Area and around the world.
LEARNING PROGRAMS: PARTNER PHILANTHROPY EDUCATION AND GRANTEE LEARNING - In addition to learning-oriented grant rounds, SV2 hosts regular learning events at which Partners and Grantees/Impact Investees build knowledge and skills for working in the social impact space. They hear from social sector and community leaders who share their experiences and lessons learned. In-depth workshops on various topicsfor example, evidence-based pathways to education equity; investing in climate solutions across asset classes; values-aligned investing; diversity, equity, inclusion, and belongingprovide new skills, understanding of local issues, and opportunities for SV2 community members to connect with and learn from one another. All Partners and Grantees/Investees are invited to participate.

Grants made by Silicon Valley Social Venture Fund - SV2

GranteeGrant descriptionAmount
Independent Arts & MediaGeneral Operating Support$125,000
Puente De La Costa SurGeneral Operating Support$125,000
Redwood City Police Activities LeagueGeneral Operating Support$125,000
...and 5 more grants made

Who funds Silicon Valley Social Venture Fund - SV2

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)General Nonprofit Support$323,700
Schwab Charitable FundPublic, Societal Benefit$284,121
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$210,000
...and 25 more grants received totalling $1,406,112

Personnel at Silicon Valley Social Venture Fund - SV2

NameTitleCompensation
David OnekChief Executive Officer$208,269
Anne Josephine ChangChief Operating Officer$83,940
Amy BadianiDirector of Community$97,740
David CattiveraPast Interim Chief Executive Officer$51,000
Linda LazorFormer Chief Executive Officer$111,330
...and 9 more key personnel

Financials for Silicon Valley Social Venture Fund - SV2

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,695,263
Program services$0
Investment income and dividends$12,964
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-164
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$21,143
Total revenues$1,729,206

Form 990s for Silicon Valley Social Venture Fund - SV2

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-17990View PDF
2021-062022-04-01990View PDF
2020-062021-04-14990View PDF
2019-062020-09-15990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Silicon Valley Social Venture Fund - SV2

OrganizationLocationRevenue
Core FoundationReston, VA$453,991
Rodel Charitable Foundation - DeWilmington, DE$5,493,740
Legacy CollectiveAustin, TX$1,359,367
Jimmie Johnson FoundationCharlotte, NC$477,960
Entrepreneurs Foundation of Central (EF)Austin, TX$832,909
Alton N Scott Charitable Trust #1255001026Mobile, AL$657,542
Olathe Health Charitable FoundationOlathe, KS$1,119,199
Epic FoundationNew York, NY$1,731,064
Hba Charitable FoundationTulsa, OK$557,910
Gateway Wellness FoundationMarion, NC$6,910,943
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Updated personnel
Identified 7 new personnel
May 5, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Jewish Community Federation and Endowment Fund
November 5, 2022
Used new vendors
Identified 1 new vendor, including
November 5, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsTax deductible donations
General information
Address
350 Twin Dolphin Dr Suite 103
Redwood City, CA 94065
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
sv2.org/ 
Phone
(650) 526-8171
IRS details
EIN
51-0644783
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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