Home › Philanthropy, voluntarism & grantmaking
Silicon Valley Community Foundation
Silicon Valley Community Foundation reported $4.89 billion in revenue and $3.40 billion in expenses for calendar year 2024. Of every $100 it spent, $98.30 went to program services, $1.61 to management and general costs and $0.09 to fundraising. Its largest source of revenue was contributions and grants: 64.1% of the total. The highest compensation it reported for one person was $1,268,486 (President & CEO). 82 people received more than $100,000 in reportable compensation. Revenue rose 186% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.40BFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $4.89BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.3% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.6% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 64.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $1,268,486 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.04% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 82 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 37.2 | 56.6 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseEmergency and Disaster Relief Fund To respond to our changing world and evolving climate, SVCF in 2023 created the Emergency and Disaster Relief Fund, an ongoing effort that will support immediate and long-term local disaster recovery efforts. The historic local rainfalls of the 2022-23 winter season and previous fires catalyzed the fund's launch. The fund has distributed grants totaling more than $744,000 since inception, including to organizations serving those affected by storms and floods and those affected by fatal shootings at two local farms. Community Action Grants Program SVCF's…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 40.0 hrs/week | $1,177,663 | $0 | $90,823 | $1,268,486 |
| Chief Financial Officer Officer, 40.0 hrs/week | $570,212 | $0 | $74,236 | $644,448 |
| EVP, Chief of Staff Key employee, 40.0 hrs/week | $497,281 | $0 | $52,064 | $549,345 |
| General Counsel Officer, 40.0 hrs/week | $493,848 | $0 | $48,643 | $542,491 |
| Executive Director, California Black Freedom Fund Highest compensated employee, 40.0 hrs/week | $292,466 | $0 | $68,224 | $360,690 |
| VP, Donor Services Highest compensated employee, 40.0 hrs/week | $292,274 | $0 | $67,792 | $360,066 |
| SVP, Finance Highest compensated employee, 40.0 hrs/week | $322,125 | $0 | $35,858 | $357,983 |
| SVP, IT and Knowledge Management Highest compensated employee, 40.0 hrs/week | $307,225 | $0 | $34,217 | $341,442 |
82 people received more than $100,000 in reportable compensation from Silicon Valley Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5110
- Volunteers Part I, line 645
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CAMBRIDGE ASSOCIATES Investment management | $1,153,846 |
| ICONIQ Capital LLC Investment Management | $1,136,960 |
| BNY MELLON Investment management | $723,463 |
| T ROWE PRICE ASSOCIATES INC Investment management | $701,972 |
| SLALOM LLC Consulting services | $632,560 |
Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.
Private foundation grants it received
43 private foundations reported grants to Silicon Valley Community Foundation totaling $57M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Silicon Valley Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Silicon Valley Community Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Silicon Valley Community Foundation spent in 2024, $98.30 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Natl Christian Charitable FdnAlpharetta, GA · revenue $3.30B · programs 96.6% · 2024
- Gs Donor Advised Philanthropy FundNew York, NY · revenue $6.59B · programs 99.1% · 2024
- Morgan Stanley Global Impact Funding TrustIndianapolis, IN · revenue $3.08B · programs 98.6% · 2024
- Vanguard Charitable Endowment ProgramSoutheastern, PA · revenue $6.67B · programs 99.6% · FY2025
- A D F Community Outreach FoundationMechanicsville, MD · revenue $2.88B · 2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in California
Questions people ask
How much of Silicon Valley Community Foundation's spending goes to programs?
In calendar year 2024, Silicon Valley Community Foundation reported that 98.3% of its $3.40 billion in expenses went to program services, 1.6% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Silicon Valley Community Foundation pay its top executive?
The largest total compensation Silicon Valley Community Foundation reported for one person in calendar year 2024 was $1,268,486, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Silicon Valley Community Foundation get its money?
Of $4.89 billion in revenue in calendar year 2024, 64.1% came from contributions and grants (including 0.0% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).
Is Silicon Valley Community Foundation a registered charity?
The IRS lists EIN 20-5205488 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543149349305759 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413129349304911 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349318948 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349318287 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349327615 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003199349301770 · read the filing
All filings for EIN 20-5205488: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.