Silicon Valley Social Venture Fund is located in Redwood City, CA. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Silicon Valley Social Venture Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Social Venture Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Silicon Valley Social Venture Fund generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Silicon Valley Social Venture Fund has awarded 134 individual grants totaling $5,236,020. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO UNLEASH THE RESOURCES AND TALENTS OF THE SILICON VALLEY COMMUNITY TO ACHIEVE MEANINGFUL SOCIAL IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPERIENTIAL GRANTMAKING & IMPACT INVESTING - SV2 CONDUCTS GRANT ROUNDS IN WHICH SV2 PARTNERS (DONORS) GAIN EXPERIENTIAL EDUCATION ABOUT SPECIFIC SOCIAL OR ENVIRONMENTAL ISSUE AREAS AND STRATEGIC PHILANTHROPY. SV2 PARTNERS POOL THEIR CHARITABLE CONTRIBUTIONS AND THEN WORK TOGETHER TO IDENTIFY AND SELECT HIGH-POTENTIAL GRANTEES AND IMPACT INVESTEES FROM AMONG LOCAL NONPROFITS AND SOCIAL VENTURES. GRANTEES RECEIVE UNRESTRICTED CASH GRANTS IN ORDER TO SCALE THEIR ABILITY TO ACHIEVE THEIR MISSIONS AND CONTRIBUTE TO A BAY AREA AND WORLD WHERE EVERYONE THRIVES.IN 2021-22, SV2 MADE FOUR MULTI-YEAR, GENERAL OPERATING SUPPORT GRANTS IN THE AREAS OF ECONOMIC INCLUSION AND EDUCATION. SV2 ALSO CONDUCTED ITS SEVENTH YEAR OF IMPACT INVESTING, IN WHICH PARTNERS PERFORMED DUE DILIGENCE AND SELECTED THREE MISSION-DRIVEN SOCIAL VENTURES AND ONE MISSION-DRIVEN VENTURE CAPITAL FUND IN WHICH TO MAKE INVESTMENTS. THE SV2 TEENS PROGRAM, IN WHICH TEENAGE CHILDREN OF SV2 PARTNERS LEARN ABOUT LOCAL ISSUES AND THE NONPROFITS ADDRESSING THEM, AWARDED TWO GRANTS TO NONPROFITS FOCUSED ON ENVIRONMENTAL EDUCATION. DATA SUGGESTS THAT, AS A RESULT OF THE EXPERIENTIAL GRANTMAKING PROGRAM AND OTHER LEARNING SV2 PROVIDES, 94% OF PARTNERS INCREASED THEIR LEVEL OF KNOWLEDGE ABOUT LOCAL COMMUNITY NEEDS AND SOLUTIONS, 87% OF PARTNERS HAVE INCREASED CONFIDENCE IN PRACTICING EFFECTIVE GIVING, AND 72% BECOME MORE EFFECTIVE SOCIAL IMPACT LEADERS.
LEARNING PROGRAMS: PARTNER PHILANTHROPY EDUCATION AND GRANTEE LEARNING - IN ADDITION TO LEARNING-ORIENTED GRANT ROUNDS, SV2 HOSTS REGULAR LEARNING EVENTS AT WHICH PARTNERS AND GRANTEES/IMPACT INVESTEES BUILD KNOWLEDGE AND SKILLS FOR WORKING IN THE SOCIAL IMPACT SPACE. THEY HEAR FROM SOCIAL SECTOR AND COMMUNITY LEADERS WHO SHARE THEIR EXPERIENCES AND LESSONS LEARNED. IN-DEPTH WORKSHOPS ON VARIOUS TOPICSFOR EXAMPLE, EVIDENCE-BASED PATHWAYS TO EDUCATION EQUITY; INVESTING IN CLIMATE SOLUTIONS ACROSS ASSET CLASSES; VALUES-ALIGNED INVESTING; DIVERSITY, EQUITY, INCLUSION, AND BELONGINGPROVIDE NEW SKILLS, UNDERSTANDING OF LOCAL ISSUES, AND OPPORTUNITIES FOR SV2 COMMUNITY MEMBERS TO CONNECT WITH AND LEARN FROM ONE ANOTHER. ALL PARTNERS AND GRANTEES/INVESTEES ARE INVITED TO PARTICIPATE.
FIELD LEADERSHIP AND COMMUNITY BUILDING - SV2 EXTENDS ITS IMPACT THROUGH FIELD LEADERSHIP (SPEAKING, WRITING, SOCIAL MEDIA), HOSTING MAJOR COMMUNITY-WIDE EVENTS, SPEARHEADING REGULAR COMMUNICATIONS ACROSS OUR NETWORK, AND BUILDING STRATEGIC PARTNERSHIPS WITH SOCIAL IMPACT-FOCUSED ORGANIZATIONS ACROSS THE BAY AREA AND AROUND THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Onek CEO | Officer | 40 | $208,269 |
Amy Badiani Dir Of Community | 40 | $97,740 | |
Anne Josephine Chang COO | Officer | 30 | $83,940 |
Paru Desai Director | Trustee | 3 | $26,200 |
James Basile Chair | OfficerTrustee | 10 | $0 |
Kwok Lau Secretary | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,695,263 |
Noncash contributions included in lines 1a–1f | $23,087 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,695,263 |
Total Program Service Revenue | $0 |
Investment income | $12,964 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$164 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,729,206 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $664,340 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $342,153 |
Compensation of current officers, directors, key employees. | $72,670 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $216,619 |
Pension plan accruals and contributions | $15,558 |
Other employee benefits | $40,437 |
Payroll taxes | $36,647 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,918 |
Fees for services: Accounting | $34,934 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $36,744 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,338 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,594 |
All other expenses | $71,466 |
Total functional expenses | $1,593,102 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $438,077 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $16,563 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,856,139 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,310,779 |
Accounts payable and accrued expenses | $18,209 |
Grants payable | $450,000 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $49,262 |
Total liabilities | $517,471 |
Net assets without donor restrictions | $1,786,308 |
Net assets with donor restrictions | $7,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,310,779 |
Over the last fiscal year, Silicon Valley Social Venture Fund has awarded $664,340 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Redwood City, CA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Danville, CA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Pescadero, CA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Bethesda, MD PURPOSE: SUPPORT SOCIAL VENTURES | $100,000 |
Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $23,500 |
Over the last fiscal year, we have identified 1 grants that Silicon Valley Social Venture Fund has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
Maud And Burton Goldfield Family Foundation Corporation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |