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Non-profit

Silicon Valley Community Foundation (SVCF)

Website:

www.siliconvalleycf.org
Location:

MOUNTAIN VIEW, CA
Tax ID:

20-5205488
DUNS Number:

01-844-2842
Tax-Exempt Status:

501(c)(3)

Budget (2023):

Revenue: $1,598,536,976
Expenses: $5,156,084,652
Assets: $10,356,051,571
Type:

Grantmaking organization
Formation:

2006
CEO:

Nicole Taylor
Latest Tax Filing:

2023 Form 990

2022 Form 990

2021 Form 990

2020 Form 990

Contact InfluenceWatch with suggested edits or tips for additional profiles.

The Silicon Valley Community Foundation (SVCF) is a left-of-center grantmaking organization with over $8 billion in assets as of 2023. The Foundation conducts most of its grantmaking through donor-advised fund (DAF) accounts established with oversight from individual donors who can advise how their gifts are distributed for charitable purposes. According to one ranking, in 2025 Silicon Valley Community Foundation was the second-largest foundation in the United States in terms of giving. As of 2025, it was the largest community foundation in the United States. 3 12 As of May 2019, SVCF was the ninth-largest charity and fifth-biggest donor-advised fund in the United States. 17

In 2023, SVCF reported disbursing $5 billion in grants, a little under half of the total assets with which it began the year. 18

Grantmaking to Other Donor-Advised Funds (DAFs)

In 2017, SVCF gave $725.5 million in grants to other grantmaking institutions, roughly 40 percent of all grants distributed in that year. 19 19 The largest single donation SVCF made in 2017 was to Fidelity Charitable Gift Fund, another network of DAFs, in the amount of $553,432,667. 20 SVCF distributed another $100,000,000 to Jasper Ridge Charitable Fund. 19 Other established DAF organizations, including Morgan Stanley Global Impact Funding, Rockefeller Philanthropy Advisors, and the National Philanthropic Trust also received funding between $6 and $10 million from SVCF. 19 Some have criticized the practice of moving money around between donor-advised funds as an attempt for the very rich to use DAFs in order to avoid taxes, rather than to make charitable contributions. 19

Education

In 2017, SVCF provided substantial grants for education, totaling hundreds of millions of dollars to public school districts, universities, and education advocacy organizations. SVCF provided grants to 91 universities in 2017 alone, including gifts in the tens of millions to Harvard University, Johns Hopkins University, and Princeton University. 19 SVCF provided some of its largest single grants in 2017 to education-focused organizations, including a $13.9 million grant to the College Entrance Examination Board and an $8.2 million grant to College Track, a program that allows underprivileged students to complete college and receive a diploma. 19 SVCF also provided $12 million to Education Super Highway, an organization working to provide high speed internet in schools. 19

SVCF gave significant funding to organizations that advocate for the expansion of charter schools, providing $9.1 million to Charter Fund Inc, a venture capital organization which funds growth in charter schools. 19 SVCF also provided funding for Pacific Charter School Development ($4,000,000) and Success Academy Charter Schools ($2,000,625). 19

Criminal Justice and Immigration

The SVCF made substantial grants to left-of-center criminal justice organizations in 2017. The SVCF gave its largest criminal justice-related grant to the Forward US (stylized FWD.us) Education Fund, a left-leaning immigration and criminal justice policy organization, in the amount of $11.8 million. 19 SVCF provided its second-largest criminal justice reform grant to the Measures for Justice Initiative in the amount of $7.9 million. 19 Measures for Justice is an organization which compiles criminal justice data provides a database for citizens to serve as watchdogs over local enforcement. 19

The SVCF has given several grants specifically focused on anti-prison advocacy, including $1.6 million to the Families Against Mandatory Minimums Foundation and $1.8 million to the Civil Rights Corps. 19 In 2017, SVCF additionally funded the left-of-center Drug Policy Alliance with a $1.4 million grant. 19 Outside of funding specific policy initiatives, SVCF provided grant funding to a number of left-of-center criminal justice think tanks in 2017. These include the Brennan Center for Justice ($225,000), the Vera Institute of Justice ($875,000), and the controversial Southern Poverty Law Center (SPLC) ($712,603). 19

In 2017, SVCF also offered several grants to left-of-center immigration organizations, specifically those focused on legal advocacy for illegal immigrants. These include grants made to the American Immigration Council ($1.5 million), the Immigrant Legal Resource Center ($1.7 million), and the National Immigration Law Center ($524,825). 19

In 2023, SVCF gave $125,000 to A New Way of Life Reentry Project, a nonprofit dedicated to helping former felons. 23

Environmentalism

In 2017, SVCF made increased grants to environmentalist organizations, including providing $2.2 million to the left-of-center Environmental Defense Fund (EDF). 19 SVCF gave further grant funding to other left-of-center environmentalist groups, including the Natural Resources Defense Council ($164,615), the Sierra Club Foundation ($1.1 million), the Greenpeace Fund ($13,250), and the Conservation International Foundation ($1 million). 19

Alongside environmentalist organizations, the SVCF offered substantial grants to left-of-center animal advocacy and animal liberation organizations. SVCF disbursed the largest of these grants to the Animal Legal Defense Fund (ALDF) in the amount of $681,500. 19 The ALDF is best known for its national fight to give animals legal standing in courts of law. 19

In a 2025 interview with Inside Philanthropy, SVCF president and CEO Nicole Taylor said climate action remained a “top priority” among the organization’s donors. 19 SVCF also provided grants to organizations advocating for the legal expansion of abortion services, including $89,450 to the NARAL Pro-Choice America Foundation and $1.3 million to the Center for Reproductive Rights. 19 SVCF also supported the National Network of Abortion Funds, an organization which directly funds abortions for individual women who cannot afford them, with a grant of over $1 million. 19

After the Supreme Court released its landmark decision Dobbs vs. Jackson Women’s Health, which ended the recognition of a constitutional right to an abortion, the SVCF vowed to continue to protect abortion rights. Nicole Taylor, the president and CEO of SVCF, said “Today’s Supreme Court decision effectively overturns 50 years of a woman’s constitutional right to reproductive healthcare — a right that has enabled women to more equally participate in society and has had many benefits for women and their families. Now, that right will be out of reach for millions of Americans.”27

Since assuming her role as president and CEO in 2018, SVCF’s Nicole Taylor shifted the organization’s strategic plan to “support historically marginalized communities and advance gender, racial and economic justice” in Silicon Valley. 19 SVCF also gave $727,461 to the left-of-center Center for American Progress, a group advocating for liberal social and economic policies. 19 19 23 41

Equity Forward

Silicon Valley Community Foundation administers and operates Equity Forward, a fund that aims “to address systemic barriers” in Silicon Valley inspired by the critical race theory-derived concept of “inequity.” Equity Forward claims to combine the efforts of “nonprofit, higher education, government,” and for-profit sectors to address the “massive economic gap that exists and has only widened after the COVID pandemic” in Silicon Valley. Major partners of the initiative include Faith in Action Bay Area, Sacred Heart Community Service, San Jose City College, and Santa Clara University. Its advisory committee is made up of leaders from these groups, as well as SVCF president and CEO Nicole Taylor and Maria Noel Fernandez of Working Partnerships USA, among others. 44

In 2025, SVCF’s Equity Forward reported that it provided grant support to the City of San Jose to investigate how the city might “remove barriers that often prevent residents from actively participating” in the political and civic process. The study concluded the City must “allocat[e] dedicated time and budget for community engagement,” invest “in translation services to engage non-English speaking residents,” and provide “services—such as childcare and food—that reduce barriers to residents’ participation.” A community leader with the nonprofit SOMOS Mayfair established an alliance with the City of San Jose to inform residents on governmental resources and support. 23 52

In 2020, Silicon Valley Community Foundation donated $4.34 million to the Voter Registration Project and $50,000 to the Voter Registration Project Education Fund. It also gave money to similar groups, including $3.24 million to the Voter Participation Center, $175,000 to the New Jersey League of Conservation Voters Education Fund, and $75,000 to the League of Women Voters of California Education Fund. 53

In 2021, SVCF gave $1.354 million to the Voter Participation Center. 54

In 2022, SVCF gave $2.55 million to the Voter Registration Project, $103,500 to the California League of Conservation Voters Education Fund, $2.93 million to the Voter Participation Center, and $600,000 to the Voter Formation Project. 55

In 2023, SVCF gave $8.55 million to the Voter Registration Project, $250,000 to the Voter Formation Project, $100,000 to the Georgia Muslim Voter Project, and $1.15 million to the Voter Participation Center. 23

Funds Based at SVCF

Silicon Valley Community Foundation is a donor-advised fund (DAF) provider, meaning it sponsors a number of donor-advised funds controlled by outside donors to the organization. SVCF invites people to open DAFs under its guidance, telling interested parties to call or email the SVCF team to “put your vision into action.” It has a print-out brochure explaining how DAFs work and explains that it is willing to partner with a donor’s advisory team in establishing a fund. It advertises the ability for DAF giving to be either selectively or completely anonymous, promotes their tax advantages, and touts them as well-suited for “special customization” and for “sensitive succession plans.” SVCF also notes that it facilitates grants to foreign countries and that it charges lower services for this work than its competitors. 58

SVCF has received criticism for its maintenance of DAFs from those who believe DAFs are exploited to allow sponsors to benefit from tax deductions without disbursing their money to charitable groups. Critics have pointed to the fact that SVCF’s assets swelled to over $12 billion in 2021, while grants made only amounted to $2.5 billion that year. Additionally, from 2017 to 2021, 22 percent of SVCF’s disbursements merely went to other DAF providers such as Fidelity Charitable and Schwab Charitable, or to entities that their donors control, a practice critics referred to as a “shell game.” 62

In November 2025, Open Philanthropy was renamed “Coefficient Giving” to reflect its “broader mission” and its “focus on amplifying impact through research and partnerships.” It explained that its mission began to switch from a “funder primarily supporting one foundation” (namely Good Ventures) to a “philanthropic partner to multiple major donors,” particularly when it launched the Lead Exposure Action Fund and the Abundance and Growth Fund, which welcomed in “significant support” from donors beside Good Ventures. As of 2026, Coefficient Giving claimed to have more than 150 staff members around the world and had scrubbed any mention of it being a DAF of SVCF from its website. 70

Laurene Powell Jobs

From 2017 to 2019, Laurene Powell Jobs’ nonprofit organization Waverley Street (formerly Emerson Collective Foundation) gave $185 million to a DAF housed at Silicon Valley Community Foundation. 72

Mark Zuckerberg

Mark Zuckerberg and his wife Priscilla Chan have a DAF housed at SVCF called the Chan Zuckerberg Initiative Donor-Advised Fund. According to a November 2018 report, the couple had donated roughly $1.96 billion to the DAF up to that point. 83

Critics have alleged that both the CTCL and CEIR funds were used to boost Democratic turnout in key battleground states in the 2020 election, helping to defeat President Donald Trump 94 95

However, SVCF saw a financial recovery in 2022, with $2.5 billion in contributions, $4.2 billion in grants made, and $10.4 billion in total assets. 96

Funding

Financial Overview

The following is an overview of SVCF’s finances from 2006 to 2019: 97

Silicon Valley Community Foundation: Financial Overview
YearTotal RevenuesTotal ExpendituresGrants PaidNet Assets
2020 $2,635,999,525 $2,772,743,978 $2,643,053,123 $10,018,089,202
2019 $1,710,513,215 $1,476,910,041 $1,399,752,369 $8,518,824,249
2018 $2,918,419,538 $1,973,062,209 $1,894,973,634 $7,331,827,652
2017 $2,418,011,459 $1,895,238,973 $1,826,384,778 $6,463,620,416
2016 $1,905,632,252 $1,351,468,832 $1,295,839,452 $6,074,799,225
2015 $1,555,405,527 $718,336,243 $671,738,406 $6,074,799,225
2014 $2,326,669,188 $911,750,423 $881,100,675 $5,460,686,360
2013 $1,473,967,051 $345,335,889 $318,641,121 $3,725,861,328
2012 $997,817,676 $308,431,383 $285,515,767 $1,981,846,328
2011 $450,216,689 $333,666,240 $311,364,066 $1,253,481,065
2010 $267,116,775 $280,229,407 $258,538,895 $1,135,047,459
2009 $91,787,435 $141,924,774 $121,508,677 $1,063,337,322
2008 $162,218,134 $235,125,757 $229,964,419 $936,849,915
2007 $413,621,853 $247,091,792 $224,944,586 $1,247,956,353
2006 $500,000 -- $1,102,752,403
Total: $19,327,896,317 $12,991,315,941 $12,363,319,968

Despite its name, SVCF is not classified as a private foundation but a 501(c)(3) public charity. This is a common practice for community foundations.

As of 2018, SVCF had more than $13.5 billion in assets, making it the largest community foundation in the United States and almost as large as the Ford Foundation, the country’s largest philanthropy. 98

Donors to SVCF

SVCF is highly dependent upon substantial donations from a relatively small number of ultra-wealthy donors. According to its 2019 annual report, SVCF received 70 percent of its contributions from 11 donors; in 2018, 75 percent of its contributions came from just 10 donors, up from 69 percent of all contributions from 11 donors in 2017. This trend increased to the point where, in 2022, SVCF received 86 percent of its contributions from seven donors. In 2023, it received 73 percent of its contributions from eight donors. 102 Most donors placed shares of stock into donor-advised funds (DAFs), allowing the donors to benefit from upfront tax benefits and the power to advise the disbursement of their donations. 102

Facebook founder Mark Zuckerberg gave the largest donation to SVCF in its history up to 2018, amounting to $1.75 billion in Facebook stock in 2010. 102 In 2018, he gave an additional donation of $200 million. 98

Most of the other billionaire donors are Silicon Valley CEOs or founders of companies, including WhatsApp cofounder Brian Acton, Twitter founder and CEO Jack Dorsey, and notable left-of-center donor and Netflix co-founder Reed Hastings. 102 Howard Schultz, the Starbucks chairman who explored a presidential campaign as an independent in 2019, has also given to SVCF. 102

In 2025, TIME magazine listed Nicole Taylor on its “TIME100 Philanthropy” list for that year. The entry disclosed that TIME’s owners and co-chair Marc and Lynne Benioff have financially supported SVCF’s efforts. 19 That same year, SVCF assets increased from just $5.3 billion to $13.5 billion, surpassing the assets of the Ford Foundation. 98 Taylor previously served as vice president of the Arizona State University Foundation. In that role, she was responsible for overseeing estate and gift planning, annual giving, and foundation relations. Since assuming her role, Taylor shifted the SVCF’s strategic plan to “support historically marginalized communities and advance gender, racial and economic justice” in Silicon Valley. In a 2022 interview with Inside Philanthropy, Taylor detailed how her upbringing and life experiences inform her core commitment to racial and social equity. “Equity is part and parcel of our entire sector, and my hope is that the sector really embraces it,” she said. “I don’t just mean institutional funders; it’s all donors, individuals, families and corporate givers, because it’s going to take all of us working together and who are giving to take equity seriously, not just one part of the philanthropic sector.” 98

In 2025, Nicole Taylor went on the record criticizing the “Big Beautiful Bill” championed by President Donald Trump and congressional Republicans, claiming that it was going to eliminate $1 billion in Medicaid funding in Santa Clara County. “When you cut half of the budget that supports four hospitals and 15 health clinics, that is going to be devastating,” said Taylor. 104 105 Prior to working for SVCF, Zapien previously served as CEO of the San Jose Community Foundation, was the County Supervisor and Deputy District Attorney for San Joaquin County in California, and a member of the city council for Stockton, CA. 104 106

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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: October 1, 2006

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2023 Dec Form 990 $1,598,536,976 $5,156,084,652 $10,356,051,571 $2,095,363,764 Y $1,244,443,331 $3,106,306 $136,312,820 $3,617,820
    2022 Dec Form 990 $3,015,340,623 $4,236,289,536 $10,982,029,914 $880,423,937 Y $2,482,642,797 $3,074,234 $104,365,415 $3,266,481 PDF
    2021 Dec Form 990 $5,613,435,516 $2,701,939,929 $14,508,335,755 $882,661,670 Y $3,979,452,881 $2,734,842 $54,250,142 $3,068,198 PDF
    2020 Dec Form 990 $2,635,999,525 $2,772,743,978 $10,766,839,330 $748,750,128 Y $2,126,116,882 $2,314,418 $90,028,004 $2,614,813 PDF
    2019 Dec Form 990 $1,710,513,215 $1,476,910,041 $9,264,570,870 $745,746,621 Y $1,213,021,029 $2,745,762 $158,097,365 $1,618,740 PDF
    2018 Dec Form 990 $2,918,419,538 $1,973,062,209 $8,046,442,203 $714,614,551 Y $2,016,204,696 $3,098,574 $127,982,740 $2,642,130 PDF
    2017 Dec Form 990 $2,418,011,459 $1,895,238,973 $12,563,909,962 $862,558,052 Y $1,462,509,631 $3,068,812 $92,768,084 $2,242,916 PDF
    2016 Dec Form 990 $1,905,632,252 $1,351,468,832 $7,240,507,464 $776,887,048 Y $1,256,247,013 $3,398,051 $61,818,970 $2,027,650 PDF
    2015 Dec Form 990 $1,555,405,527 $718,336,243 $6,304,272,612 $229,473,387 Y $1,030,271,539 $5,295,504 $42,065,979 $1,915,077 PDF
    2014 Dec Form 990 $2,326,669,188 $911,750,423 $5,661,647,798 $200,961,438 Y $1,877,215,083 $3,003,018 $24,714,268 $2,057,428 PDF
    2013 Dec Form 990 $1,473,967,051 $345,335,889 $3,931,040,119 $205,178,791 Y $1,293,332,835 $2,199,836 $19,836,906 $1,652,495 PDF
    2012 Dec Form 990 $997,817,676 $308,431,383 $2,193,211,675 $211,365,347 Y $946,087,500 $2,379,150 $19,931,903 $1,518,976 PDF
    2011 Dec Form 990 $450,216,689 $333,666,240 $1,449,348,496 $195,867,431 Y $391,324,953 $2,494,613 $20,037,567 $2,578,070 PDF

    Additional Filings (PDFs)

    Silicon Valley Community Foundation (SVCF)

    2440 WEST EL CAMINO REAL
    MOUNTAIN VIEW, CA 94040-1497