Silicon Valley Sponsoring Committee is located in Los Altos, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Sponsoring Committee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A NON-PARTISAN NETWORK OF CIVIC ASSOCIATIONS, FAITH-BASED ORGANIZATIONS AND NONPROFITS THAT COME TOGETHER TO EFFECT CHANGE ON A LARGER SCALE THAN WE COULD ALONE. WE IDENTIFY SHARED ISSUES AFFECTING OUR COMMUNITIES (SUCH AS HOUSING INSECURITY, MENTAL HEALTH ISSUES AND CLOSING THE TECHNOLOGY DIVIDE). WE BUILD LONG-TERM RELATIONSHIPS ACROSS LINES THAT OFTEN DIVIDE US. WE HELP REGULAR PEOPLE HAVE A SEAT AT THE DECISION-MAKING TABLES OF SILICON VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SILICON VALLEY SPONSORING COMMITTEE'S PRIMARY GOAL IS TO MOVE SUCCESSFULLY TOWARD FOUNDING A NEWLY NAMED ORGANIZATION IN SANTA CLARA COUNTY BY NOVEMBER 2024. ADDITIONALLY, SVSC IS WORKING ON LOCAL NEIGHBORHOOD SAFETY ISSUES AND WORKING TO BUILD THE LONG-TERM ORGANIZATIONAL STRENGTH TO WORK ON SYSTEMIC ISSUES RELATED TO ECONOMIC EQUITY IN SANTA CLARA COUNTY. WE HAVE DONE THE FOLLOWING IN THE 2023:- ORGANIZED AN ASSEMBLY WITH OVER 175 PEOPLE FROM 15 INSTITUTIONS TOGETHER WITH SAN JOSE VICE-MAYOR KAMEI IN JANUARY TO OFFICIALLY LAUNCH A STRATEGY TOWARD A FOUNDING CONVENTION AS WELL AS GAIN COMMITMENTS FROM THE CITY TO FIX LIGHTING AND TRIM TREES IN THE LOW-INCOME EAST CADILLAC NEIGHBORHOOD.- HELD MULTIPLE RECRUITMENT MEETINGS IN INDIVIDUAL INSTITUTIONS AS WELL AS ACROSS THE COUNTY RESULTING IN 3 NEW INSTITUTIONS CONTRIBUTING TOWARD THE SPONSORING COMMITTEE SINCE JANUARY.- TRAINED 125 LEADERS ON ORGANIZING IN THEIR COMMUNITIES, OVER HALF OF WHOM WERE NEW.- LEADERS AND ORGANIZERS HELD OVER 45 INDIVIDUAL MEETINGS FROM SANTEE AND NEARBY, CADILLAC-WINCHESTER, AND SAN TOMAS AREA.- HELD SMALL GROUP CONVERSATIONS AFTER MISAS DEL BARRIO (MASS IN THE NEIGHBORHOOD) EVERY MONTH ENGAGING A TOTAL OF 200 PEOPLE.- HELD ASSEMBLY ON JANUARY 18TH AT ST. LUCY PARISH WITH 175 PEOPLE AND SAN JOSE VICE-MAYOR KAMEI WHO COMMITTED TO GETTING TREES TRIMMED.- RECRUITED AND TRAINED 125 LEADERS TO ORGANIZE A TEAM FOR THE PURPOSE OF DEVELOPING THIS STRATEGY- VERY SUCCESSFUL TRAINING IN COORDINATION WITH "RECOGNIZING THE STRANGER" IN OCT. 2023
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charlie Rothschild President | OfficerTrustee | 10 | $0 |
Joanna Shreve Sec & Treasurer | OfficerTrustee | 10 | $0 |
Ivonn Rivera Director | Trustee | 5 | $0 |
Lucia Carrillo Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $36,954 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $287,911 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $324,865 |
Total Program Service Revenue | $15,497 |
Investment income | $8,473 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $348,835 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,988 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $52,800 |
Advertising and promotion | $0 |
Office expenses | $1,733 |
Information technology | $270 |
Royalties | $0 |
Occupancy | $0 |
Travel | $9,458 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,886 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,500 |
All other expenses | $0 |
Total functional expenses | $79,958 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $336,012 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $336,012 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $336,012 |
Net assets with donor restrictions | $0 |
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 | $336,012 |