Silicon Valley Leadership Group Foundation

Organization Overview

Silicon Valley Leadership Group Foundation is located in San Jose, CA. The organization was established in 2002. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Silicon Valley Leadership Group Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Leadership Group Foundation 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 12/2021, Silicon Valley Leadership Group Foundation generated $806.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $812.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Silicon Valley Leadership Group Foundation has awarded 66 individual grants totaling $6,859,052. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESEARCH AND STUDY RELATED TO GENERAL PUBLIC POLICY ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUILDING COMMUNITY: SILICON VALLEY TURKEY DUE TO THE ONGOING GLOBAL PANDEMIC THE ANNUAL APPLIED MATERIALS SILICON VALLEY TURKEY TROT WAS FORCED TO PIVOT TO A VIRTUAL FORMAT IN 2021. THE COMMUNITY/CHARITY 5K, 10K, AND KID'S FUN RUN DREW 9,146 PARTICIPANTS CONTRIBUTING $473,000 TO FIVE LOCAL CHARITIES: SECOND HARVEST SILICON VALLEY, HOUSING TRUST SILICON VALLEY, THE HEALTH TRUST, HEALTHIER KIDS FOUNDATION, AND SECOND HARVEST FOOD BANK SANTA CRUZ.


BUILDING COMMUNITY: SILICON VALLEY: SANTA RUNIN THE TENTH YEAR OF THIS RACE, THE SANTA RUN SILICON VALLEY WAS FORCED TO PIVOT TO A VIRTUAL FORMAT DUE TO THE ONGOING GLOBAL PANDEMIC. THE RACE ATTRACTED 1,067 PARTICIPANTS BUT DUE TO THE LACK OF SPONSORSHIP INCURRED A FINANCIAL LOSS. THE RACE STILL WAS ABLE TO MAKE A SMALL CONTRIBUTION TO CHRISTMAS IN THE PARK AND DOWNTOWN ICE. WITH THE PLAN FOR A RETURN TO IN-PERSON IN 2022 WE HOPE TO SECURE ENOUGH SPONSORS TO MAKE THE EVENT ONCE AGAIN PROFITABLE.


BUILDING COMMUNITY: HEART & SOLES THE FOUNDATION ESTABLISHED THE HEART & SOLES RUN IN THE SPRING OF 2014 TO HELP RAISE MONEY TO SUPPORT YOUTH HEALTH AND WELLNESS PROGRAMS THROUGHOUT THE REGION. IN 2021 THE GLOBAL PANDEMIC PREVENTED AN IN-PERSON EVENT FROM TAKING PLACE. WE WERE ABLE TO PIVOT TO A VIRTUAL FORMAT AND STILL DELIVER A VIRTUAL RUN FOR 753 PARTICIPANTS AND DONATE $23,068 TO OUR BENEFITING ORGANIZATIONS BOYS AND GIRLS CLUBS OF SILICON VALLEY, SILICON VALLEY YMCA, SCCOE, AND BOYS AND GIRLS CLUBS OF SANTA CRUZ COUNTY.


HIRE LEARNING PROGRAM (FORMERLY COMMUNITY COLLEGE TO CAREER INITIATIVE)OUR HIRE LEARNING PROGRAM RESTRUCTURED THE BAY AREA-SACRAMENTO REGION'S CALIFORNIA STEWARDSHIP NETWORK EFFORTS TO FOCUS ON STUDENTS OF COLOR INITIATING AND THEN CO-DESIGNING THE "UMOJA AND PUENTE CAREER HORIZONS" PROGRAM, ENGAGING EMPLOYEES FROM 20 COMPANIES TO MEET 1:1 WITH 108 BIPOC STUDENTS FOR CAREER MENTORSHIP IN PILOT. WE ALSO FACILITATED 1:1 EMPLOYER-COLLEGE/NONPROFIT MEETINGS WITH OVER 25 COMPANIES TO SECURE 67 INTERNSHIPS, 15 APPRENTICESHIPS, AND INDUSTRY CAREER TALKS FOR HUNDREDS OF COMMUNITY COLLEGE STUDENTS. FINALLY, WE HELD A SERIES OF HEALTHCARE & ICT ADVISORY DISCUSSIONS BRINGING TOGETHER EMPLOYERS AND COMMUNITY COLLEGES CO-LOCATED IN THE BAY AREA AND SACRAMENTO. THE GOAL: TO INFORM COLLEGE PROGRAMS AND INITIATE NEW PARTNERSHIPS THAT CLOSE HEALTHCARE AND ICT SKILLS GAPS ACROSS NORTHERN CALIFORNIA.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Hayse
Chairman
$0
Michelle Vonderhaar
Secretary
$0
Paul Richardson
Treasurer
$0
Teresa Alvarado
Board Member
$0
Charlotta Carter
Board Member
$0
Jim Cunneen
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Firstwave Events Llc
Race Management
$160,130
Abm Electrical Power Services Llc
Battery Charging Station Installer
$247,161
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$602,376
Related organizations$0
Government grants $52,010
All other contributions, gifts, grants, and similar amounts not included above$251,869
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$906,255
Total Program Service Revenue$0
Investment income $116
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$99,500
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $806,871

Grants Awarded

Over the last fiscal year, Silicon Valley Leadership Group Foundation has awarded $466,312 in support to 6 organizations.

Grant RecipientAmount

San Jose, CA

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$129,116

HOUSING TRUST SILICON VALLEY

Org PageRecipient Profile

San Jose, CA

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$111,981

San Jose, CA

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$111,939

HEALTHIER KIDS FOUNDATION

Org PageRecipient Profile

San Jose, CA

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$53,887

SECOND HARVEST FOOD BANK SANTA CRUZ

Org PageRecipient Profile

Watsonville, CA

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$49,821

BOYS & GIRLS CLUBS OF SANTA CRUZ COUNTY

Org PageRecipient Profile

Nogales, AZ

PURPOSE: TO PROVIDE PROGRAM SUPPORT

$9,568
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Silicon Valley Leadership Group Foundation has recieved totaling $90,840.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$33,610
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Environment

$33,230
Perkins Coie Foundation

Seattle, WA

PURPOSE: 2021 APPLIED MATERIALS SILICON VALLEY TURKEY TROT

$15,000
Sutter Bay Hospitals

Sacramento, CA

|

$9,000
View Grant Recipient Profile

Peer Organizations

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