Overview
What is Silicon Valley Education Foundation?
The Silicon Valley Education Foundation, based in San Jose, California, is a prominent nonprofit organization dedicated to enhancing student performance in crucial subjects such as math and science. With a focus on the 33 Santa Clara County school districts, as well as neighboring San Mateo and Alameda Counties, the foundation aims to be a leading advocate for public education in the region. Their mission encompasses achieving results, collaborating, and promoting creativity and innovation. The foundation's primary initiative is ELEVATE [MATH], a summer intervention program designed to boost student achievement in math. By aligning the curriculum with students' upcoming Common Core math classes and fostering confidence, ELEVATE [MATH] aims to prepare more students for success in higher education and careers. During the COVID-19 pandemic, ELEVATE [MATH]2 was developed, offering the summer program curriculum in an online environment. The Silicon Valley Education Foundation is known for its emphasis on partnerships with the private sector, education community, and others. Beyond supporting students, teachers, and administrators, the foundation plays a valuable role in the broader community by making investing in education effortless and accessible. Their ultimate goal is to ensure that the future workforce is prepared to tackle the technological and business challenges that lie ahead, maintaining Silicon Valley's position as a hub of U.S. innovation.
Official website here: www.svefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator: 100% (Four-Star out of Four Star Rating)
The Silicon Valley Education Foundation has achieved a perfect score of 100%, reflecting strong accountability and financial management practices. The organization's board is entirely independent, and they have demonstrated excellent oversight with no material diversions of assets. Furthermore, their program expense ratio stands at an impressive 79.98%, indicating a significant portion of funds is directed towards their mission-driven programs.
User feedback highlights the foundation's impactful role in reducing the achievement gap for underserved students. Volunteers and clients alike express high levels of satisfaction with the foundation's programs, particularly noting how they empower students and enhance academic skills. The Elevate Math Summer Program has received particular praise for its professionalism, support, and effectiveness in engaging both students and teachers.
While the data and reviews paint a positive picture of the organization's impact and operations, limitations were not specifically mentioned in the feedback. Overall, the Silicon Valley Education Foundation is viewed as a valuable asset in the community, making significant strides toward academic success for underrepresented students.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Silicon Valley Education Foundation legitimate?
Silicon Valley Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silicon Valley Education 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: $851,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,007,539
For more financial information, click here
Official website here: www.svefoundation.org
What is the mission statement of Silicon Valley Education Foundation?
The Silicon Valley Education Foundation (SVEF) is committed to enhancing student performance, primarily in mathematics and science, across various school districts. Their goal is to serve as a leading advocate for public education in the region. SVEF is recognized for its results-oriented approach, partnerships, and emphasis on creativity and innovation. Beyond supporting students, teachers, and administrators, the foundation contributes value to the larger community by making investing in education simple. Given the current critical time in education, SVEF is essential to ensure our future workforce is equipped to tackle the technological and business challenges ahead. With a growing shortage of qualified workers to fill Silicon Valley jobs, the foundation's role in preparing the future workforce is crucial for maintaining the region's status as a U.S. innovation hub.
Official website here: www.svefoundation.org
Who is the CEO of Silicon Valley Education Foundation?
Lisa Andrew is the Ceo of Silicon Valley Education Foundation. The CEO's salary of Silicon Valley Education Foundation is $275,053 and their total compensation is $275,053.
Official website here: www.svefoundation.org
What is the revenue of Silicon Valley Education Foundation?
Silicon Valley Education Foundation's revenue in 2022 was $8,243,745.
Official website here: www.svefoundation.org
Who are the executives of Silicon Valley Education Foundation and what are their salaries?
The average compensation at Silicon Valley Education Foundation during 2022 was $12,117. There are 401 employees and 48 volunteers at Silicon Valley Education Foundation.
Here are 31 key members and their salaries (Silicon Valley Education Foundation's CEO's salary is $275,053 and their total compensation is $275,053):
- Compensation: $275,053
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Official website here: www.svefoundation.org
Where can I find the form 990 for Silicon Valley Education Foundation?
Silicon Valley Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svefoundation.org
Learn more at the official website: www.svefoundation.org
Mission Statement of Silicon Valley Education Foundation
The Silicon Valley Education Foundation, often referred to as SVEF, is dedicated to enhancing student performance in the crucial areas of mathematics and science across all 33 Santa Clara County school districts and adjacent San Mateo and Alameda Counties. Their primary goal is to serve as a leading advocate for public education in the region, known for their results-oriented approach, collaboration, and emphasis on creativity and innovation. Beyond supporting students, teachers, and administrators, SVEF adds value to the wider community by making investing in education an accessible endeavor.
At a time when the need to improve our schools has never been more pressing, SVEF plays a vital role. With the increasing gap between qualified workers and the demand for Silicon Valley jobs, the future of the region as the hub of U.S. innovation could be at risk. By establishing effective partnerships with the private sector, the education community, and other stakeholders, SVEF works tirelessly to ensure that our future workforce is well-equipped to tackle the technological and business challenges ahead.
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Impact
October, 2024
Silicon Valley Education Foundation significantly enhances student performance in math and science across all 33 school districts in Santa Clara County, as well as in neighboring San Mateo and Alameda counties. Their initiatives are designed to prepare students not just for the next academic year but for future educational and career success.
The Elevate [Math] summer intervention program exemplifies their commitment to student achievement. By front-loading curriculum that aligns with upcoming Common Core math classes, Elevate [Math] builds essential math skills and boosts student confidence. This proactive approach helps students transition smoothly into higher-level math courses, ensuring they are equipped to face college and career challenges.
During the COVID-19 pandemic, the organization adapted by developing Elevate [Math]2, which extends the summer program's curriculum into an online format. This evolution reflects their responsiveness to changing educational needs and their dedication to maintaining student engagement and learning continuity.
Silicon Valley Education Foundation also serves as a vital advocate for public education in the region, emphasizing creativity and innovation in their approach. Their partnerships with the private sector and the broader education community facilitate impactful investments in education, addressing the pressing need for a qualified workforce in Silicon Valley's competitive landscape.
This information is meant to be a general summary of Silicon Valley Education 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: $15,469
- Program Service Revenue: $2,839,045
- Gross Receipts: $8,257,284
Assets and Liabilities:
- Total Assets: $5,955,054
- Total Liabilities: $625,388
- Net Assets: $5,329,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMER CLASS FEES
Revenue
$2,839,045
Organization Details
Founding Year
2006
Phone
(408) 790-9400Principal Officer
Lisa Andrew
Main Address
1400 PARKMOOR AVENUE 200, SAN JOSE, CA, 95126
Website
www.svefoundation.orgNTEE Category
Code: S99 - Community improvement
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