Silicon Valley Social Venture Fund

Organization Overview

Silicon Valley Social Venture Fund is located in Redwood City, CA. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Silicon Valley Social Venture Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Social Venture Fund 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 06/2022, Silicon Valley Social Venture Fund generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Silicon Valley Social Venture Fund has awarded 134 individual grants totaling $5,236,020. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO UNLEASH THE RESOURCES AND TALENTS OF THE SILICON VALLEY COMMUNITY TO ACHIEVE MEANINGFUL SOCIAL IMPACT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPERIENTIAL GRANTMAKING & IMPACT INVESTING - SV2 CONDUCTS GRANT ROUNDS IN WHICH SV2 PARTNERS (DONORS) GAIN EXPERIENTIAL EDUCATION ABOUT SPECIFIC SOCIAL OR ENVIRONMENTAL ISSUE AREAS AND STRATEGIC PHILANTHROPY. SV2 PARTNERS POOL THEIR CHARITABLE CONTRIBUTIONS AND THEN WORK TOGETHER TO IDENTIFY AND SELECT HIGH-POTENTIAL GRANTEES AND IMPACT INVESTEES FROM AMONG LOCAL NONPROFITS AND SOCIAL VENTURES. GRANTEES RECEIVE UNRESTRICTED CASH GRANTS IN ORDER TO SCALE THEIR ABILITY TO ACHIEVE THEIR MISSIONS AND CONTRIBUTE TO A BAY AREA AND WORLD WHERE EVERYONE THRIVES.IN 2021-22, SV2 MADE FOUR MULTI-YEAR, GENERAL OPERATING SUPPORT GRANTS IN THE AREAS OF ECONOMIC INCLUSION AND EDUCATION. SV2 ALSO CONDUCTED ITS SEVENTH YEAR OF IMPACT INVESTING, IN WHICH PARTNERS PERFORMED DUE DILIGENCE AND SELECTED THREE MISSION-DRIVEN SOCIAL VENTURES AND ONE MISSION-DRIVEN VENTURE CAPITAL FUND IN WHICH TO MAKE INVESTMENTS. THE SV2 TEENS PROGRAM, IN WHICH TEENAGE CHILDREN OF SV2 PARTNERS LEARN ABOUT LOCAL ISSUES AND THE NONPROFITS ADDRESSING THEM, AWARDED TWO GRANTS TO NONPROFITS FOCUSED ON ENVIRONMENTAL EDUCATION. DATA SUGGESTS THAT, AS A RESULT OF THE EXPERIENTIAL GRANTMAKING PROGRAM AND OTHER LEARNING SV2 PROVIDES, 94% OF PARTNERS INCREASED THEIR LEVEL OF KNOWLEDGE ABOUT LOCAL COMMUNITY NEEDS AND SOLUTIONS, 87% OF PARTNERS HAVE INCREASED CONFIDENCE IN PRACTICING EFFECTIVE GIVING, AND 72% BECOME MORE EFFECTIVE SOCIAL IMPACT LEADERS.


LEARNING PROGRAMS: PARTNER PHILANTHROPY EDUCATION AND GRANTEE LEARNING - IN ADDITION TO LEARNING-ORIENTED GRANT ROUNDS, SV2 HOSTS REGULAR LEARNING EVENTS AT WHICH PARTNERS AND GRANTEES/IMPACT INVESTEES BUILD KNOWLEDGE AND SKILLS FOR WORKING IN THE SOCIAL IMPACT SPACE. THEY HEAR FROM SOCIAL SECTOR AND COMMUNITY LEADERS WHO SHARE THEIR EXPERIENCES AND LESSONS LEARNED. IN-DEPTH WORKSHOPS ON VARIOUS TOPICSFOR EXAMPLE, EVIDENCE-BASED PATHWAYS TO EDUCATION EQUITY; INVESTING IN CLIMATE SOLUTIONS ACROSS ASSET CLASSES; VALUES-ALIGNED INVESTING; DIVERSITY, EQUITY, INCLUSION, AND BELONGINGPROVIDE NEW SKILLS, UNDERSTANDING OF LOCAL ISSUES, AND OPPORTUNITIES FOR SV2 COMMUNITY MEMBERS TO CONNECT WITH AND LEARN FROM ONE ANOTHER. ALL PARTNERS AND GRANTEES/INVESTEES ARE INVITED TO PARTICIPATE.


FIELD LEADERSHIP AND COMMUNITY BUILDING - SV2 EXTENDS ITS IMPACT THROUGH FIELD LEADERSHIP (SPEAKING, WRITING, SOCIAL MEDIA), HOSTING MAJOR COMMUNITY-WIDE EVENTS, SPEARHEADING REGULAR COMMUNICATIONS ACROSS OUR NETWORK, AND BUILDING STRATEGIC PARTNERSHIPS WITH SOCIAL IMPACT-FOCUSED ORGANIZATIONS ACROSS THE BAY AREA AND AROUND THE WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
David Onek
CEO
$208,269
Amy Badiani
Dir Of Community
$97,740
Anne Josephine Chang
COO
$83,940
Paru Desai
Director
$26,200
James Basile
Chair
$0
Kwok Lau
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,695,263
Noncash contributions included in lines 1a–1f $23,087
Total Revenue from Contributions, Gifts, Grants & Similar$1,695,263
Total Program Service Revenue$0
Investment income $12,964
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$164
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,729,206

Grants Awarded

Over the last fiscal year, Silicon Valley Social Venture Fund has awarded $664,340 in support to 9 organizations.

Grant RecipientAmount

INDPT ARTS & MEDIA -CODE TNDR

Org PageRecipient Profile

San Francisco, CA

PURPOSE: GENERAL OPERATING SUPPORT

$125,000

REDWOOD CITY PAL INC

Org PageRecipient Profile

Redwood City, CA

PURPOSE: GENERAL OPERATING SUPPORT

$125,000

COLLEGE IS REAL INC

Org PageRecipient Profile

Danville, CA

PURPOSE: GENERAL OPERATING SUPPORT

$125,000

PUENTE DE LA COSTA SUR

Org PageRecipient Profile

Pescadero, CA

PURPOSE: GENERAL OPERATING SUPPORT

$125,000

Bethesda, MD

PURPOSE: SUPPORT SOCIAL VENTURES

$100,000

SOCIAL VENTURE PARTNERS INT

Org PageRecipient Profile

Seattle, WA

PURPOSE: GENERAL OPERATING SUPPORT

$23,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Silicon Valley Social Venture Fund has recieved totaling $7,500.

Awarding OrganizationAmount
Maud And Burton Goldfield Family Foundation Corporation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$7,500
View Grant Recipient Profile

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