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Silicon Valley Community Foundation
Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?
EIN: 205205488 ✦ Mountain view, CA ✦ Designated as a 501(c)(3)
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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
What are the reviews and ratings of this charity? Charity Navigator Rating: 96% (Four-Star out of Four Star Rating) - Charity Navigator
The Silicon Valley Community Foundation (SVCF) has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97 in this category, the foundation demonstrates excellent financial health, as evidenced by a low liabilities to assets ratio of 8.01% and a program expense ratio of 97.56%. Additionally, its fundraising efficiency ratio at $0.00 indicates effective management of its fundraising efforts.
In terms of governance and transparency, SVCF excels as well, with a board composed of 94% independent members. The organization adheres to best practices, including the publication of key policies and meeting minutes on its website. SVCF also scores 89 in its culture and community metrics, signifying a commitment to equity strategies with nine practices implemented to support diversity and inclusion within its operations.
While SVCF has shown impressive strengths in financial management and accountability, the overall community engagement score of 89 suggests there may be opportunities for further improvement in fostering community relationships. Overall, SVCF stands out as a well-managed nonprofit with a strong commitment to transparency and equity.
This AI summary has been generated from information found on Charity Navigator .
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.
Heare 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
Who is the CEO of Silicon Valley Community Foundation? Unavailable The CEO's salary of Silicon Valley Community Foundation is $1,010,598 and their total compensation is $1,071,438.
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):
Alan Zafran (Secretary/Treasurer) Compensation: $0 Related: $0 Other: $0 Nicole Taylor (President & Ceo) Compensation: $1,010,598 Related: $0 Other: $60,840 Wade W Loo (Chair) Compensation: $0 Related: $0 Other: $0 Dan Perez (Director) Compensation: $0 Related: $0 Other: $0 Greta Hansen (Director) Compensation: $0 Related: $0 Other: $0 Issac Vaughn (Director) Compensation: $0 Related: $0 Other: $0 Jennifer Urdan (Director) Compensation: $0 Related: $0 Other: $0 Judy Miner (Director) Compensation: $0 Related: $0 Other: $0 Julie Kwon (Director (Until 12/31/2022)) Compensation: $0 Related: $0 Other: $0 Kate Michell (Director) Compensation: $0 Related: $0 Other: $0 Larry D Kramer (Director) Compensation: $0 Related: $0 Other: $0 Luz Urrutia (Director) Compensation: $0 Related: $0 Other: $0 Mauricio Simbeck (Director) Compensation: $0 Related: $0 Other: $0 Rebecca Guerra (Director) Compensation: $0 Related: $0 Other: $0 Scott Kupor (Director) Compensation: $0 Related: $0 Other: $0 Shannon Nash (Director) Compensation: $0 Related: $0 Other: $0 Van Ton-Quinlivan (Director) Compensation: $0 Related: $0 Other: $0 Chanthi Lune (General Counsel) Compensation: $368,103 Related: $0 Other: $36,670 Elizabeth A Carey (Evp, Finance And Operations) Compensation: $457,398 Related: $0 Other: $67,509 Gina Dalma (Evp, Community Action, Policy And Strategy) Compensation: $357,439 Related: $0 Other: $69,417 Judith Powell (Evp, Philanthropic Partnerships) Compensation: $334,576 Related: $0 Other: $30,294 Therese Wilson (Evp, Chief Of Staff) Compensation: $420,507 Related: $0 Other: $53,130 Ana Akhtar (Vp, Donor Services) Compensation: $243,425 Related: $0 Other: $44,235 Imelda Gonzalez (Vp, Human Resources) Compensation: $236,232 Related: $0 Other: $30,865 Sarah Valencia (Svp, Finance) Compensation: $278,045 Related: $0 Other: $18,709 Susan Mcallister (Vp, Marketing And Communications) Compensation: $226,206 Related: $0 Other: $32,445 To Tsang (Svp, It And Knowledge Management) Compensation: $238,423 Related: $0 Other: $11,989 Official website here: www.siliconvalleycf.org
Where can I find the form 990 for Silicon Valley Community Foundation? Silicon Valley Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here .
Official website here: www.siliconvalleycf.org
Mission Impact Financials Programs Organization Details
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