Silicon Valley Education Foundation
| Predecessor | San Jose Education Foundation and Santa Clara County Education Foundation |
|---|---|
| Founded | February 4, 2008 |
| Type | Non-Profit Organization |
| Location |
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Area served
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Silicon Valley |
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Key people
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Employees
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11-50 |
| Website | svefoundation |
Silicon Valley Education Foundation (SVEF), headquartered in San Jose, California, is a non-profit organization that seeks to create resources and programs for students and educators in Silicon Valley in Science, technology, engineering, and mathematics (STEM) fields. The SVEF was founded as a result of a merger of the San Jose Education Foundation and Santa Clara County Education Foundation.
The SVEF's total expenditures in the 2015 fiscal year netted around $5,132,000. These funds were focused 78% on the SVEF's programs, 14% on fundraising, and 8% on management.
At their 11th annual Pioneers and Purpose dinner, the SVEF raised more than $1.3 million for its purpose of expanding STEM education in the Silicon Valley. This money came from various donors, some of which are big figures at large corporations such as Intel and SanDisk, as well as venture-capitalist John Doerr. Intel and SanDisk are also sponsors of the SVEF, among other corporations such as Adobe, Oracle, Cisco, Chevron, and many more.
Since its launch in 2008, SVEF has received support from large foundations focused on improving education in the United States and reducing the achievement gap.
SVEF has also previously partnered with ConvergeUS, a charity co-founded by Twitter co-founder Biz Stone.
The SVEF has developed various resources available to school districts around Silicon Valley.
This program is a 75-hour, 19-day-long summer intervention program that focuses on preparing 7th, 8th, 9th, and 10th graders for more advanced math and science courses, as well as offering teachers a 35-hour course for the development of their skills, which is based on Common Core ideals.
This pilot program is a platform for entrepreneurs from Silicon Valley to propose various educational products and technological solutions in order to improve education. Feedback from both students and teachers allows for entrepreneurs to further enhance their products, potentially for later introduction into the market. Collaborators and partners of this program include the Bill & Melinda Gates Foundation, Stanford Graduate School of Education, and several others. It is distinct from the iHub located in Kenya.
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