What does the Silicon Valley Community Foundation do?
Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems, engaging donors to make our region and world a better place for all.
Is Silicon Valley Community Foundation a nonprofit?
The Silicon Valley Community Foundation is a donor-advised community foundation serving the Silicon Valley region. It is one of the largest charitable foundations in the San Francisco Bay Area….Silicon Valley Community Foundation.
| Formation | January 3, 2007 |
|---|---|
| Endowment (2017) | $13.5 billion |
| Website | Official website |
What is Silicon Valley meaning?
Key Takeaways. Silicon Valley is a global center of technological innovation located in the South San Francisco Bay Area of California. The area was named after the primary material found in computer microprocessors. Silicon Valley is home to dozens of major technology, software, and internet companies.
Are community foundations 501c3?
We are committed to a policy of openness and transparency, and our governance and policy documents, including Internal Revenue Service verification of our 501(c)(3) tax-exempt public charity status, articles of incorporation, bylaws and others, are available to the public.
Where do foundations get their money?
They are usually funded by endowments from a single source such as an individual or group of individuals. Family foundations are usually funded by an endowment from a family. With family foundations, the family members of the donor(s) have a substantial role in the foundation’s governance.
Is a foundation a charity?
Trusts and foundations are charities with private, sustainable income. In turn, trusts and foundations make grants to support individuals and other charitable organizations to achieve their goals. The terms “trust” and “foundation” are often used interchangeably from a fundraiser’s perspective.