24:
309:
In April 2018, the foundation hired a law firm to investigate the claims made by Mari Ellen
Loijens describing sexual harassment over the course of many years. A few days later, the CEO, Emmett Carson, was placed on paid leave. Two months later, the CEO's employment "ended" and the resignation of the
339:
As a donor-advised fund sponsor, the IRS allows donors to claim a tax benefit immediately upon donating the assets to the donor advised fund, but may defer when the assets are distributed as grants to charities. The fund is not legally required to distribute any assets, like family foundations are,
251:
On
December 19, 2013, Zuckerberg announced a donation of 18 million Facebook shares to the Silicon Valley Community Foundation, to be executed by the end of the month, totaling $ 990 million. On December 31, 2013, the donation was recognized as the largest charitable gift on public record for 2013.
961:
it has placed its chief executive, Emmett Carson, on paid administrative leave. It comes amid an investigation, initiated by the board, into allegations of misconduct by Carson's recently departed No. 2 executive, Mari Ellen
Loijens, as well as broader workplace-culture problems at the wealthy
343:
The timing of prominent donations to the foundation has led to accusations of the foundation being used as a tax loophole. Both Mark
Zuckerberg and Nick Woodman donated near the same time as their companies' IPOs, and the founders of WhatsApp donated shortly after their company's acquisition.
208:
In
September 2008, Silicon Valley Community Foundation announced five key grantmaking strategies: Economic Security, Education, Immigrant Integration, Regional Planning and a Community Opportunity Fund to address time-sensitive community needs including safety-net services (2008-2013).
283:, and more than 100 other individuals, foundations, and companies. The event raised $ 8,000,833 with 14,889 unique donors and more than 21,869 donations. SVCF also hosted more than 20 trainings for more than 650 local nonprofits to help them capacity build leading up to the event.
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The senior official at the center of sexual harassment allegations that have rocked one of the world's biggest philanthropic organizations resigned
Thursday, marking a swift and dramatic downfall for a Silicon Valley
1200:
1215:
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229:
announced a donation of 18 million
Facebook shares to the Silicon Valley Community Foundation, which at the time of the donation were worth a total of about $ 500 million.
271:
Silicon Valley
Community Foundation created and hosted Silicon Valley Gives, the Bay Area's first 24-hour giving day, on May 6, 2014. The event was sponsored by
563:
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head of H.R. was accepted, as an investigation "found that many allegations from current and former employees were substantiated".
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478:
81:
841:
748:
798:
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23:
205:). Silicon Valley Community Foundation launched officially on January 3, 2007 (headquartered in Mountain View, CA.
69:
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336:
SVCF is a 501(c)(3) organization that publishes annual reports of its financial transactions and grantmaking.
945:
236:
grew to about $ 2.9 billion, and the foundation awarded a total of $ 292 million in grants in the year 2012.
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59:
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donated close to $ 556 million to the
Silicon Valley Community Foundation to set up a donor-advised fund.
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672:
198:
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313:
In
November 2018, the board of directors of the foundation named Nicole Taylor as president and CEO.
202:
190:
169:
1072:"Netflix Co-Founder Gives $ 1.1 Billion in Shares to Silicon Valley Charity Favored by Billionaires"
780:
541:
479:
Silicon Valley's Biggest Foundation Shows What Can Go Wrong When Charities Are Obsessed With Growth
133:
1008:
The investigation found that many allegations from current and former employees were substantiated
821:"SiliconBeat – Tech industry, others gear up for Silicon Valley Gives, area's first 'giving day'"
699:
568:
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55:
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gifted two million of his company shares worth $ 1.1 billion to the foundation in January 2024.
301:
announced that he would open a fund for Tackle Ebola with Silicon Valley Community Foundation.
863:
644:
595:
494:
516:"Silicon Valley Community Foundation to Award $ 1 Million for Food, Shelter, and Basic Needs"
400:
474:
189:
Silicon Valley Community Foundation was formed on July 12, 2006, through the merger of two
222:
294:, announced that they would donate $ 500 million to Silicon Valley Community Foundation.
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173:
537:"Mark Zuckerberg's Donation To Silicon Valley Community Foundation Is His Biggest Yet"
1189:
491:"Peninsula Community Foundation, Community Foundation Silicon Valley Complete Merger"
425:
325:
321:
287:
243:'s Holiday Train, a nine-year tradition was brought back after a two-year hiatus.
1089:
591:"Facebook Founder Announces $ 500 Million to Silicon Valley Community Foundation"
842:"Pizarro: Nonprofits band together for Silicon Valley Gives crowdfunding effort"
1046:"Silicon Valley Community Foundation names Nicole Taylor as president and CEO"
298:
232:
Silicon Valley Community Foundation raised a total of $ 985 million in 2012.
1149:"Warehousing tech elite's wealth? New path urged for Silicon Valley charity"
276:
375:"Racial inequity a focus for new Silicon Valley Community Foundation panel"
864:"GoPro Founders Give $ 500-Million to Silicon Valley Community Foundation"
265:
261:
240:
218:
724:"Zuckerberg's Other Billion-Dollar Idea: 2013's Biggest Charitable Gift"
1129:"How Tech Billionaires Hack Their Taxes With a Philanthropic Loophole"
1104:"The Price of Privacy: What's Wrong with the New Shadow Giving System"
980:
1021:"Emmett Carson ousted as CEO of Silicon Valley Community Foundation"
996:"Update from Silicon Valley Community Foundation Board of Directors"
1178:
176:
region. It is the largest charitable foundation in Silicon Valley.
640:"Silicon Valley Community Foundation Raised $ 985 Million in 2012"
291:
151:
799:"Pizarro: Silicon Valley Gives raises $ 7.9 million in 24 hours"
280:
201:) and Community Foundation Silicon Valley (headquartered in
916:"She helped raise $ 8.3 billion, then resigned in disgrace"
452:"2017: Silicon Valley Community Foundation by the Numbers"
890:"Paul Allen to Give $ 100 Million to Tackle Ebola Crisis"
976:"Mark Zuckerberg-Connected Charity At Risk Of Implosion"
619:"Zuckerberg Donates $ 500M to Silicon Valley Foundation"
668:"Facebook's Mark Zuckerberg makes $ 1 billion donation"
197:: the Peninsula Community Foundation (headquartered in
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111:
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428:. Silicon Valley Community Foundation. 2 June 2011
1201:Community foundations based in the United States
8:
1216:Non-profit organizations based in California
946:"Silicon Valley Fund's CEO Placed on Leave"
340:so there is little pressure to move money.
695:"Mark Zuckerberg donates $ 1bn to charity"
22:
18:
446:
444:
442:
564:"Zuckerberg Plans Large Gift to Charity"
365:
239:In December 2012, SVCF helped relaunch
749:"SEC Form 4 Filing - Jan Koum to SVCF"
273:John S. and James L. Knight Foundation
666:Bailey, Brandon (December 19, 2013).
457:. Silicon Valley Community Foundation
7:
888:Strom, Stephanie (23 October 2014).
769:. Philanthropy.com. 8 February 2015.
753:Securities & Exchange Commission
1050:Silicon Valley Community Foundation
373:Devin, Collins (October 16, 2020).
354:Silicon Valley Education Foundation
163:Silicon Valley Community Foundation
28:Silicon Valley Community Foundation
1070:Francis, Theo (January 29, 2024).
324:co-founder and executive chairman
16:Donor-advised community foundation
14:
1226:2007 establishments in California
1221:Organizations established in 2007
767:"No. 4: Jan Koum - Philanthropy"
399:Gunther, Marc (March 31, 2020).
914:JOHN WOOLFOLK (19 April 2018).
1206:Santa Clara County, California
944:Megan O’Neil (26 April 2018).
722:Kurt Wagner (3 January 2014).
617:Fernandez, Lisa (2012-12-19).
1:
950:The Chronicle of Philanthropy
868:The Chronicle of Philanthropy
405:The Chronicle of Philanthropy
1211:San Mateo County, California
1242:
785:flipflashpages.uniflip.com
288:Nicholas and Jill Woodman
70:Mountain View, California
21:
185:Early history: 2006–2011
1076:The Wall Street Journal
781:"2014-SVGives-report-2"
234:Assets under management
86:San Francisco Peninsula
60:charitable organization
401:"A Test of Leadership"
217:On December 18, 2012,
195:San Francisco Bay Area
39:; 17 years ago
962:California foundation
673:San Jose Mercury News
199:San Mateo, California
191:community foundations
426:"Board of Directors"
379:sanjosespotlight.com
286:On October 2, 2014,
203:San Jose, California
170:community foundation
128:$ 1.3 billion (2017)
37:January 3, 2007
703:. December 19, 2013
621:. NBC Bay Area News
599:. December 20, 2012
572:. December 18, 2012
542:The Huffington Post
98:President & CEO
894:The New York Times
569:The New York Times
297:October 23, 2014,
104:Chair of the Board
82:Santa Clara County
56:Donor-advised fund
645:Foundation Center
596:Foundation Center
495:Foundation Center
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998:. 27 June 2018
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141:$ 13.5 billion
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125:Disbursements
123:
120:$ 1.4 billion
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1157:. Retrieved
1155:. 2018-08-01
1152:
1143:
1132:. Retrieved
1123:
1112:. Retrieved
1110:. 2018-08-01
1107:
1098:
1090:"Financials"
1084:
1075:
1065:
1054:. Retrieved
1052:. 2018-11-08
1049:
1040:
1029:. Retrieved
1027:. 2018-06-28
1024:
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1000:. Retrieved
990:
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953:. Retrieved
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923:. Retrieved
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897:. Retrieved
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871:. Retrieved
867:
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846:. Retrieved
844:. 2 May 2014
836:
824:. Retrieved
815:
803:. Retrieved
801:. 7 May 2014
793:
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743:
731:. Retrieved
727:
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707:December 20,
705:. Retrieved
698:
689:
679:December 20,
677:. Retrieved
671:
661:
650:. Retrieved
648:. 2013-01-17
643:
634:
623:. Retrieved
612:
601:. Retrieved
594:
585:
574:. Retrieved
567:
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547:. Retrieved
545:. 2012-12-18
540:
531:
520:. Retrieved
518:. 2008-09-11
510:
499:. Retrieved
497:. 2006-12-14
485:
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459:. Retrieved
430:. Retrieved
420:
408:. Retrieved
404:
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382:. Retrieved
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281:NBC Bay Area
270:
259:
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172:serving the
165:(SVCF) is a
162:
160:
103:
97:
66:Headquarters
1190:Categories
1159:2018-09-21
1134:2018-09-21
1114:2018-09-21
1056:2020-06-14
1031:2021-01-20
932:fundraiser
899:24 January
755:. SEC.gov.
652:2013-04-20
625:2013-04-20
603:2013-04-20
576:2013-04-20
549:2013-04-20
522:2013-04-20
501:2013-04-20
461:2018-07-04
432:2021-07-20
360:References
299:Paul Allen
93:Key people
44:2007-01-03
733:3 January
277:Microsoft
260:In 2014,
134:Endowment
34:Formation
1108:HistPhil
873:12 March
848:12 March
826:12 March
805:12 March
728:Mashable
384:June 16,
348:See also
332:Taxation
266:WhatsApp
262:Jan Koum
241:Caltrain
219:Facebook
113:Revenue
1002:12 July
955:12 July
925:12 July
410:June 8,
322:Netflix
193:in the
180:History
146:Website
77:Region
42: (
981:Forbes
137:(2017)
115:(2017)
455:(PDF)
292:GoPro
1004:2018
957:2018
927:2018
901:2018
875:2015
850:2015
828:2015
807:2015
735:2014
709:2013
681:2013
412:2021
386:2021
317:2024
305:2018
256:2014
247:2013
213:2012
161:The
84:and
52:Type
1192::
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948:.
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46:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
