Overview
What is The Real Estate Trust Of Silicon Valley Community Foundation?
The Real Estate Trust of Silicon Valley Community Foundation is a nonprofit organization located at 444 Castro Street 140, Mountain View, CA 94041. Its primary role is to assist local charities by accepting and managing gifts of real estate. When these properties are sold, the proceeds are then disbursed to the designated nonprofits. This service is particularly beneficial for smaller organizations that may not have the resources to handle real estate donations directly. The Trust's mission aligns with that of the Silicon Valley Community Foundation, supporting similar charitable causes.
Official website here: www.giverealestate.org
Is The Real Estate Trust Of Silicon Valley Community Foundation legitimate?
The Real Estate Trust Of Silicon Valley Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Real Estate Trust Of 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.giverealestate.org
What is the mission statement of The Real Estate Trust Of Silicon Valley Community Foundation?
The Real Estate Trust of Silicon Valley Community Foundation's mission is centered around supporting the Silicon Valley Community Foundation. It facilitates the donation of real property, and in doing so, aligns with the same charitable objectives as the Silicon Valley Community Foundation. When local non-profits have donors who wish to give real estate but lack the necessary resources, they can collaborate with this trust. The trust will accept, liquidate, and forward the real estate proceeds to the respective non-profit, thereby enabling these organizations to continue their charitable work.
Official website here: www.giverealestate.org
Who is the CEO of The Real Estate Trust Of Silicon Valley Community Foundation?
Unavailable
Official website here: www.giverealestate.org
What is the revenue of The Real Estate Trust Of Silicon Valley Community Foundation?
The Real Estate Trust Of Silicon Valley Community Foundation's revenue in 2022 was -$1,467,744.
Official website here: www.giverealestate.org
Who are the executives of The Real Estate Trust Of Silicon Valley Community Foundation and what are their salaries?
There 2 volunteers at The Real Estate Trust Of Silicon Valley Community Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $368,103
- Other: $36,670
- Compensation: $0
- Related: $457,398
- Other: $67,509
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $278,045
- Other: $18,709
Official website here: www.giverealestate.org
Where can I find the form 990 for The Real Estate Trust Of Silicon Valley Community Foundation?
The Real Estate Trust Of Silicon Valley Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.giverealestate.org
Learn more at the official website: www.giverealestate.org
Mission Statement of The Real Estate Trust Of Silicon Valley Community Foundation
The Real Estate Trust of Silicon Valley Community Foundation is committed to supporting the Silicon Valley Community Foundation by facilitating the donation of real property and engaging in the same charitable purposes. This organization serves as a bridge for local nonprofits that have donors who wish to give real estate but lack the resources to accept such gifts. When a property is donated, the Trust sells it, and the proceeds are then utilized for charitable purposes, directly benefiting the receiving nonprofit organization. By providing this service, The Real Estate Trust of Silicon Valley Community Foundation plays a vital role in expanding the reach of charitable initiatives within the community.
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Impact
October, 2024
The Real Estate Trust of Silicon Valley Community Foundation significantly impacts the community by facilitating and optimizing real estate donations for charitable endeavors. By accepting gifts of real property, the organization enables donors who wish to contribute assets but lack the capacity to manage real estate transactions directly. Once properties are donated, they are sold, and the proceeds are channeled into charitable purposes aligned with the mission of the Silicon Valley Community Foundation. This process not only provides a streamlined avenue for impactful philanthropy but also strengthens local charitable initiatives by mobilizing resources from real estate assets. As a result, the Trust amplifies the capacity of the Silicon Valley Community Foundation to address pressing community needs and supports broader philanthropic efforts in the region. Through its work, the Trust effectively encourages philanthropy in real estate and contributes to the vitality of the local community.
This information is meant to be a general summary of The Real Estate Trust Of Silicon Valley Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: -$2,547,347
- Gross Receipts: $17,412,256
Assets and Liabilities:
- Total Assets: $7,403,798
- Total Liabilities: $3,773,220
- Net Assets: $3,630,578
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Organization Details
Founding Year
2002
Phone
(650) 450-5400Main Address
444 Castro Street 140, Mountain View, CA, 94041
Website
www.giverealestate.orgNTEE Category
Code: T113 - Philanthropy
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