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Silicon Valley Bank Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1996. The principal officer is % Alicia Koht. It holds total assets of $12.6M. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Silicon Valley Bank Foundation has made 218 grants totaling $12.7M, with a median grant of $16K. Annual giving has grown from $132K in 2020 to $12.6M in 2022. Individual grants have ranged from $500 to $500K, with an average award of $58K. The foundation has supported 111 unique organizations. The foundation primarily supports organizations in California, Louisiana, Delaware, which account for 48% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Silicon Valley Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 218 grants. Its grantmaking reaches organizations primarily in CA, LA, DE.
Silicon Valley Bank Foundation has distributed a total of $12.7M across 218 grants. The median grant size is $16K, with an average of $58K. Individual grants have ranged from $500 to $500K.
EXCLUSIONS: SVBF WILL NOT CONSIDER GRANTS FOR THE FOLLOWING: - ORGANIZATIONS WITHOUT IRC SECTION 501(C)(3) PUBLIC CHARITY STATUS - MEMORIAL CAMPAIGNS - FUNDRAISING EVENTS - POLITICAL ACTIVITIES - RELIGIOUS ORGANIZATIONS - RESEARCH - SPONSORSHIP OF ATHLETIC EVENTS/PROGRAMS - ENDOWMENT CAMPAIGNS - ADVERTISING - ORGANIZATIONS THAT DISCRIMINATE ON THE BASIS OF AGE, RACE, CREED, OR GENDER - FUNDRAISING FOR CHARTER OR PRIVATE SCHOOLS - PARENT TEACHER ASSOCIATIONS (PTAS) THESE GENERAL CHARACTERISTICS ARE ONLY GUIDELINES AND THE BOARD OF DIRECTORS MAINTAINS DISCRETION WHEN CHOOSING WHICH GRANTS TO ACCEPT AND HOW MUCH TO AWARD. CRA ELIGIBILITY : COMMUNITY REINVESTMENT ACT (CRA) QUALIFIED GRANTS ARE A SMALL SUBSET OF GRANTS. THE CRA DEFINES COMMUNITY DEVELOPMENTS AS: - COMMUNITY SERVICES TARGETED TO LMI INDIVIDUALS - FINANCING BUSINESSES/FARMS EITHER IN LMI AREAS OR THAT HAVE POSITIVE EMPLOYMENT IMPACT ON LMI INDIVIDUALS -ACTIVITIES THAT OTHERWISE REVITALIZE OR STABILIZE LMI.
Silicon Valley Bank Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Hori | PRESIDENT/CHAIR | $0 | $0 | $0 |
| Alicia Koht-Phipps | TREASURER/CFO | $0 | $0 | $0 |
| Ann Fong | SECRETARY | $0 | $0 | $0 |
| Ajay Kattel | AUDIT COMMITTE CHAIRPERSON | $0 | $0 | $0 |
| Andrew Moiseyev | ADMIN ASSISTANT | $0 | $0 | $0 |
Total Giving
$6.2M
Total Assets
$12.6M
Fair Market Value
$12.1M
Net Worth
$12.4M
Grants Paid
$6.1M
Contributions
$2M
Net Investment Income
$129K
Distribution Amount
$677K
Total Grants
218
Total Giving
$12.7M
Average Grant
$58K
Median Grant
$16K
Unique Recipients
111
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tulane UniversityEDUCATION SCHOLARSHIP | New Orleans, LA | $500K | 2022 |
| Xavier UniversityEDUCATION SCHOLARSHIP | New Orleans, LA | $500K | 2022 |
| Asu FoundationEDUCATION SCHOLARSHIP | Tempe, AZ | $500K | 2022 |
| Law Foundation Of Silicon ValleyTO SUPPORT UNDER-REPRESENTED INDIVIDUALS AND FAMILIIES THROUGH LEGAL SERVICES AND EDUCATIONAL OUTREACH | San Jose, CA | $500K | 2022 |
| Florida UniversityEDUCATION SCHOLARSHIP | Tallahassee, FL | $500K |
| Carrie Merritt |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Jeff Strawn | DIRECTOR | $0 | $0 | $0 |
| Brenda Santoro | DIRECTOR | $0 | $0 | $0 |
| Dan Allred | DIRECTOR | $0 | $0 | $0 |
| Craig Robinson | DIRECTOR | $0 | $0 | $0 |
| Joan Parsons | DIRECTOR | $0 | $0 | $0 |
| Karen Roses | DIRECTOR | $0 | $0 | $0 |
| Annette Asano | DIRECTOR | $0 | $0 | $0 |
| Courtney Karnes | DIRECTOR | $0 | $0 | $0 |
| Nancy Baker | DIRECTOR | $0 | $0 | $0 |
| Don Chandler | DIRECTOR | $0 | $0 | $0 |
| Charles Nilsen | DIRECTOR | $0 | $0 | $0 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| The American Online Giving FoundationMULTIPLE GRANTS AND REWARDS | Newark, DE | $292K | 2022 |
| Grameen AmericaTO HELP ENTREPRENEURIAL WOMEN WHO LIVE IN POVERTY BUILD BUSINESSES TO ENABLE FINANCIAL MOBILITY | Jackson Heights, NY | $250K | 2022 |
| Burbank Housing Fbo Caritas VillageTO CONRIBUTE TO THE EFFORTS OF BUILDING QUALITY AFFORDABLE HOUSING IN THE NORTH BAY | Santa Rosa, CA | $250K | 2022 |
| California Reinvestment Coalition Fbo California Recovery FundTO SUPPORT THE NEEDS OF LOW-INCOME COMMUNITIES | San Francisco, CA | $250K | 2022 |
| Housing Trust Of Silicon ValleyTO SUPPORT CLOSING THE GAP ON AFFORDABLE HOUSING IN THE AREA | San Jose, CA | $250K | 2022 |
| The American Online Giving Foundation - MatchMATCH | Newark, DE | $208K | 2022 |
| The American Online Giving Foundation - Redeemed RewardsREDEEMED REWARDS | Newark, DE | $171K | 2022 |
| Reality Mentor Incorporated Fbo Naacp Hayward & South Alameda CountyTO SUPPORT THE POLITICAL, EDUCATIONAL, SOCIAL AND ECONOMIC EQUALITY OF RIGHTS IN THE COMMUNITY | Hayward, CA | $100K | 2022 |
| StartoutTO SUPPORT LGBTQ+ FOUNDERS WITH CURATED ACCESS TO RESOURCES TO ACCELERATE THEIR IDEAS AND BUSINESSES TO GROW AND OBTAIN FINANCING | San Francisco, CA | $100K | 2022 |
| Meals On Wheels San FranciscoTO SUPPORT FOOD ASSISTANCE TO SENIORS IN THE COMMUNITY TO HELP ENSURE INDEPENDENCE IN ONES OWN HOMES | San Francisco, CA | $100K | 2022 |
| LifemovesTO PROVIDE INTERIM HOUSING AND SUPPORTIVE SERVICES FOR HOMELESS FAMILIES AND INDIVIDUALS IN SILICON VALLEY TO HELP THEM RAPIDLY RETURN TO STABLE HOUSING AND ACHIEVE LONG-TERM SELF-SUFFICIENCY | Menlo Park, CA | $100K | 2022 |
| Second Harvest Food BankTO SUPPORT DISTRIBUTION OF NUTRITIOUS FOOD TO COMMUNITY MEMBERS IN NEED AND MOBILIZING THE COMMUNITY TO SUPPORT HUNGER RELIEF | San Jose, CA | $100K | 2022 |
| Indian Health Center Of Santa Clara CountyTO SUPPORT THE EFFORTS OF PROVIDING HIGH QUALITY, COMPREHENSIVE HEALTH CARE AND WELLNESS SERVICES | San Jose, CA | $100K | 2022 |
| Valley Medical Center Foundation Fbo Stars And StridesTO SUPPORT MEDICAL CARE DELIVERED THRU THE SANTA CLARA VALLEY MEDICAL CENTER AND PARTNERS INCLUDING SANTA CLARA VALLEY HEALTHCARE, BEHAVIORAL HEALTH, CUSTODY HEALTH AND PUBLIC HEALTH | San Jose, CA | $100K | 2022 |
| Chinatown Community Development CenterTO BUILD COMMUNITY AND ENHANCE THE QUALITY OF LIFE FOR SAN FRANCISCO RESIDENTS | San Francisco, CA | $50K | 2022 |
| The Bill Wilson CenterTO PROVIDE COMPASSIONATE AND COMPREHENSIVE MEDICAL CARE TO SANTA CLARA COUNTYS MOST VULNERABLE, DISCONNECTED (AND OFTEN HOMELESS) YOUTH | Santa Clara, CA | $50K | 2022 |
| Raising A ReaderEARLY CHILDHOOD LITERACY, READING ENCOURAGEMENT | Milpitas, CA | $50K | 2022 |
| Redwood Empire Food BankTO SUPPORT THE EFFORTS IN DISTRIBUTING FOOD THROUGH PROGRAMS AND PARTNER ORGANIZATIONS TO FEED NEIGHBORS IN NEED | Santa Rosa, CA | $50K | 2022 |
| Sf Marin Food BankTO SUPPORT FOOD SECURITY IN THE COMMUNITY AND TO DISTRIBUTE TO UNSHELTERED INDIVIDUALS AND FAMILIES IN SAN FRANCISCO AND MARIN | San Francisco, CA | $50K | 2022 |
| Community ServingsFOOD, AGRICULTURE, NUTRITION; NUTRITION INSECURITY | Boston, MA | $50K | 2022 |
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