Mountain View (PRWEB) May 07, 2014
Over 650 charities in Silicon Valley benefited from the generosity of more than 14,600 donors and sponsors during SVGives, the region’s first-ever day of giving to support local nonprofits.
The online fundraising effort began at midnight on Tuesday, May 6, and by 11:59 p.m. that night, donors had contributed more than $7.9 million to support the causes they care about most in San Mateo, Santa Clara and San Benito counties.
“It is incredibly gratifying to see how generously Silicon Valley residents and companies responded to the needs of our local nonprofit organizations,” said Emmett Carson, CEO of Silicon Valley Community Foundation, which hosted SVGives with support from lead sponsor Microsoft and about 100 other sponsors. “All day, we heard from charities that said the SVGives experience exceeded their expectations and has set them on a path for future fundraising success. We could not ask for a better result than this.”
During SVGives, nonprofit organizations encouraged their donors and the public to make charitable donations online at http://www.SVGives.org. Donors could choose among more than 650 charities, and make donations starting at just $10. Throughout the day, donations were eligible to be matched by donations already pledged by individuals and companies that sponsored SVGives. The response by the community was so great, that several matches were met within minutes of their launch. Additionally, a number of employees are getting their donations matched by their corporate employer making their total impact to SVGives far greater than these initial closing numbers. SVCF expects these giving totals for SVGives to be finalized in the coming days.
SVGives benefited nonprofits of all sizes in the three-county area. Among the larger nonprofits participating, for example, InnVision Shelter Network – which helps homeless families and individuals return to self-sufficiency and permanent housing – garnered contributions from more than 238 unique donors, for a total of $53,035. And among smaller organizations, for example, CASA of San Mateo County raised $41,064 from 151 unique donors.
SVGives was powered by Razoo, the world’s fastest growing crowdfunding site for causes. Razoo is committed to creating a more generous world.
About Silicon Valley Community Foundation
Silicon Valley Community Foundation makes all forms of philanthropy more powerful. We serve as a catalyst and leader for innovative solutions to our region’s most challenging problems, and our donors award more money to charities than any other community foundation in the United States. SVCF has more than $4.7 billion in assets under management. As Silicon Valley’s center of philanthropy, we provide thousands of individuals, families and corporations with simple and effective ways to give locally and around the world. Find out more at http://www.siliconvalleycf.org.