Overview
What is Silicon Valley Community Foundation?
The Silicon Valley Community Foundation (SVCF) is a leading nonprofit organization based at 444 Castro Street 140, Mountain View, California, with a team of 137 employees. SVCF aims to bridge the gap between resources and needs in local communities, particularly those impacting people of color and underrepresented groups. In 2022, they awarded over $3.2 million in grants to 120 organizations across seven areas: arts and culture, faith, neighborhoods, local journalism, civic participation, the environment, and health. Their commitment to power-building and equality extends through funds like the California Black Freedom Fund and the LatinXCEL Fund, which provide unrestricted grants to nonprofits serving and advocating for people of color. Additionally, SVCF encourages donors to recommend grants for general operating support, enabling nonprofits to address community challenges as they see fit. Overall, SVCF serves as a powerful connector between people, ideas, and resources, ensuring equitable opportunities for all.
Official website here: www.siliconvalleycf.org
Is Silicon Valley Community Foundation legitimate?
Silicon Valley Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silicon Valley Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,266,481
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,523,524
For more financial information, click here
Official website here: www.siliconvalleycf.org
What is the mission statement of Silicon Valley Community Foundation?
The Silicon Valley Community Foundation (SVCF) serves as a bridge connecting individuals, ideas, and resources to promote equity and opportunities for all. Its mission is multifaceted, focusing on funding local organizations led by people of color and their allied groups, addressing structural inequalities, and encouraging general operating support for nonprofits. In 2022, over $3.2 million was granted to 120 organizations across various issue areas, including arts and culture, health, and civic participation. SVCF's funds, such as the California Black Freedom Fund and LatinXCEL Fund, aim to level the playing field by providing unrestricted funds to organizations that empower and serve marginalized communities, build coalitions, and advocate for policy changes. The foundation further supports nonprofits by encouraging donors to recommend grants for their general operating needs. In 2022, SVCF distributed over $369 million in grants for nonprofits' general operating support.
Official website here: www.siliconvalleycf.org
What is the revenue of Silicon Valley Community Foundation?
Silicon Valley Community Foundation's revenue in 2022 was $3,015,340,623.
Official website here: www.siliconvalleycf.org
Who are the executives of Silicon Valley Community Foundation and what are their salaries?
The average compensation at Silicon Valley Community Foundation during 2022 was $115,256. There are 137 employees and 64 volunteers at Silicon Valley Community Foundation.
Here are 27 key members and their salaries (Silicon Valley Community Foundation's CEO's salary is $1,010,598 and their total compensation is $1,071,438):
- Nicole Taylor (President & Ceo) [Trustee/Director]
- Elizabeth A Carey (Evp, Finance And Operations)
- Therese Wilson (Evp, Chief Of Staff)
- Gina Dalma (Evp, Community Action, Policy And Strategy)
- Chanthi Lune (General Counsel)
- Judith Powell (Evp, Philanthropic Partnerships)
- Sarah Valencia (Svp, Finance)
- Ana Akhtar (Vp, Donor Services)
- Imelda Gonzalez (Vp, Human Resources)
- Susan Mcallister (Vp, Marketing And Communications)
- To Tsang (Svp, It And Knowledge Management)
- Alan Zafran (Secretary/Treasurer) [Trustee/Director]
- Wade W Loo (Chair) [Trustee/Director]
- Dan Perez (Director)
- Greta Hansen (Director)
- Issac Vaughn (Director)
- Jennifer Urdan (Director)
- Judy Miner (Director)
- Julie Kwon (Director (Until 12/31/2022))
- Kate Michell (Director)
- Larry D Kramer (Director)
- Luz Urrutia (Director)
- Mauricio Simbeck (Director)
- Rebecca Guerra (Director)
- Scott Kupor (Director)
- Shannon Nash (Director)
- Van Ton-Quinlivan (Director)
Official website here: www.siliconvalleycf.org
Where can I find the form 990 for Silicon Valley Community Foundation?
The Silicon Valley Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.siliconvalleycf.org
Learn more at the official website: www.siliconvalleycf.org
Mission Statement of Silicon Valley Community Foundation
The Silicon Valley Community Foundation (SVCF) is a philanthropic organization that plays a pivotal role in linking individuals, concepts, and resources to create equity and opportunities for all. This foundation is dedicated to bridging disparities and empowering marginalized communities.
Through its Community Action Grants program, SVCF awards funds to local organizations led by people of color and their allies, amounting to over $3.2 million in 2022. The grants support initiatives in seven distinct issue areas: arts and culture, faith, neighborhoods, local journalism, civic participation, the environment, and health. This investment in various sectors reflects SVCF's commitment to fostering widespread change and ensuring equal opportunities for underrepresented populations.
Additionally, SVCF focuses on addressing structural inequalities and power dynamics within the community. The organization provides grant funds to nonprofits that serve people of color, people with low income, and immigrants, among others. These funds, such as the California Black Freedom Fund and the LatinXCEL Fund, are intended to redress unequal access to power and resources by granting unrestricted funds to organizations that build coalitions, advocate for policy changes, and serve people of color. Furthermore, SVCF encourages its donors to recommend grants for general operating support, enabling nonprofit organizations to implement solutions to their communities' challenges as they see fit. In 2022, SVCF distributed over $369 million in general operating support grants.
Impact
This information is meant to be a general summary of Silicon Valley Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Silicon Valley Community Foundation's impact is extensive and significant. Through its Community Action Grants program, SVCF has allocated over $3.2 million to support 120 organizations across various issue areas, including arts and culture, civic participation, and health. Additionally, by investing in movement- and power-building initiatives like the California Black Freedom Fund and the LatinXCEL Fund, SVCF aims to address structural inequalities and empower marginalized communities. Furthermore, by encouraging general operating support for nonprofits, SVCF has distributed more than $369 million to help organizations implement effective solutions to community challenges. Overall, SVCF's efforts are focused on ensuring equity and opportunity for all individuals in the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foundation support fees
Revenue
$2,211,400
Fee for services
Revenue
$830,345
Oversight fees
Revenue
$32,489
Organization Details
Founding Year
2006
Phone
(650) 450-5400
Main Address
444 Castro Street 140, Mountain View, CA, 94041
Website
www.siliconvalleycf.org
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Silicon Valley Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.