*** Welcome to piglix ***

Silicon Valley Community Foundation

Silicon Valley Community Foundation
Predecessor Peninsula Community Foundation and Community Foundation Silicon Valley (merged in 2006, new foundation launched 2007)
Founded January 3, 2007
Type Donor-advised fund
Location
Area served
Silicon Valley (San Mateo County, California and Santa Clara County, California)
Key people
  • Emmett D. Carson, Ph.D. (CEO and President)
  • Lianne Araki (Executive Assistant to the President and Board Liaison)
Website www.siliconvalleycf.org

The Silicon Valley Community Foundation is a donor-advised community foundation that serves the Silicon Valley community. The two counties served are Santa Clara County, California and San Mateo County, California.

Silicon Valley Community Foundation was formed on July 12, 2006, through the merger of two community foundations in the Bay Area: the Peninsula Community Foundation (headquartered in San Jose, California) and Community Foundation Silicon Valley (headquartered in San Mateo, California). Silicon Valley Community Foundation launched officially on January 3, 2007.

In September 2008, Silicon Valley Community Foundation announced five key grantmaking strategies: Economic Security, Education, Immigrant Integration, Regional Planning and a Community Opportunity Fund to address time-sensitive community needs including safety-net services (2008-2013).

On December 18, 2012, Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan announced a donation of 18 million Facebook shares to the Silicon Valley Community Foundation, which at the time of the donation were worth a total of about $500 million.

Silicon Valley Community Foundation raised a total of $985 million in 2012. Assets under management grew to about $2.9 billion, and the foundation awarded a total of $292 million in grants in the year 2012.

In December 2012 SVCF helped relaunch Caltrain's Holiday Train, a nine-year tradition was brought back after a two-year hiatus. The event features a lit "show-train" that runs the first weekend in December and encourages viewers to bring toys to benefit Toys for Tots and Salvation Army.


...
Wikipedia

...