“By exploring this catalog, (people) will be able to see the thousands of specific nonprofit organizations and causes in Silicon Valley and beyond whose important work is supported ... through the incredible generosity of SVCF's donors." - Emmett Carson
Mountain View, Calif. (PRWEB) June 10, 2016
Silicon Valley Community Foundation has created a searchable catalog of all the grants made to nonprofit organizations in 2015 from its donor advised funds and discretionary grantmaking programs, SVCF executives announced today.
SVCF makes grants to nonprofit organizations that are large and small, old and new, local, regional, national and international. Earlier this year, SVCF reported it had distributed more than $800 million in grants from all types of funds held at SVCF – from donor advised funds and corporate advised funds to supporting organizations and discretionary funds directed by SVCF staff and approved by the board of directors. That level of giving is unprecedented among community foundations and exceeds the giving of all but a small handful of the largest private foundations in the United States.
SVCF is frequently asked, “Where do all those grants go?” Because the organization places importance on transparency, integrity, responsiveness and public accountability, it for many years has included a list of grantees on its website. Historically, this was a static, alphabetical list of all the nonprofits that had received grants from a donor advised fund or from one of SVCF’s strategic grantmaking programs. But in listing the 2015 data, SVCF has for the first time compiled a “Where the Giving Goes” tool, a searchable catalog of the thousands of nonprofit organizations to which it awarded grants.
There continues to be discussion locally and nationally about whether people who contribute money to donor advised funds and other charitable vehicles actively put their philanthropic dollars to work to tackle societal problems and support charitable causes. By exploring the catalog of SVCF’s 2015 giving, SVCF leaders hope people will be struck by the wide variety of causes supported by SVCF’s donor advised funds, as well as the impressive volume of grants distributed from those funds.
“By exploring this catalog, those in nonprofit organizations, government, academia and media, among others, will be able to see the thousands of specific nonprofit organizations and causes in Silicon Valley and beyond whose important work is supported, in part, through the incredible generosity of SVCF’s donors,” said Emmett D. Carson, CEO and president of Silicon Valley Community Foundation.
The data provided in the searchable catalog represents approximately $479.7 million in grants made by Silicon Valley Community Foundation in 2015 from donor advised funds and committee advised funds, as well as from SVCF’s strategic grantmaking programs. The data does not include approximately $341 million in grants from SVCF supporting organizations, employee matching gift funds and a variety of other fund types. Grant amounts shown as negative numbers represent adjustments to prior years’ grants.
About Silicon Valley Community Foundation
Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems. As the largest community foundation in the world, we engage donors and corporations from Silicon Valley, across the country and around the globe to make our region and world better for all. Our passion for helping people and organizations achieve their philanthropic dreams has created a global philanthropic enterprise committed to the belief that possibilities start here. Learn more at siliconvalleycf.org.