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← REAL ESTATE TRUST AT SILICON VALLEY COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by REAL ESTATE TRUST AT SILICON VALLEY COMMUNITY FOUNDATION.

Totals

Total revenue
$21,903
Total expenses
$52,467
Contributions and grants received
$0
Grants paid
$2,564
Program service revenue
$0
Investment income
$21,903
Other revenue
$0
Total assets, end of year
$4,258,474
Total liabilities, end of year
$1,745,124
Net assets or fund balances, end of year
$2,513,350
Program services expenses (Part IX)
$2,564
Management and general expenses
$49,903
Fundraising expenses
$0
Program service expenses (Part III)
$2,564

Program services were 4.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $15,981 · excluded $15,981

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $5,922

  • 7c · Gain or loss

    securities $5,922 · other assets $0

  • 7d · Net gain or loss

    total $5,922 · excluded $5,922

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,564 · program services $2,564

  • 11c · Fees: accounting

    total $5,407 · management and general $5,407

  • 11f · Fees: investment management

    total $623 · management and general $623

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $36,022 · management and general $36,022

  • 23 · Insurance

    total $7,806 · management and general $7,806

  • 24a · Other expenses: BANK, CREDIT CARD & FILING FEES

    total $45 · management and general $45

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $4,248,800

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $4,248,800 · end of year $4,248,800

  • 12 · Investments: other securities

    beginning of year $1,897,718 · end of year $9,674

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,886,446 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,913,495 · end of year $1,745,124

  • 27 · Net assets without donor restrictions

    beginning of year $2,346,577 · end of year $2,513,350

Mission and programs · 2024

Mission

TO SUPPORT THE SILICON VALLEY COMMUNITY FOUNDATION BY FACILITATING GIFTS OF REAL PROPERTY AND ENGAGING IN THE SAME CHARITABLE PURPOSES AS THE SILICON VALLEY COMMUNITY FOUNDATION.

  • THE ORGANIZATION ACCEPTS GIFTS OF PROPERTY THAT ARE SOLD AND THE PROCEEDS ARE USED FOR CHARITABLE PURPOSES. LOCAL NONPROFITS THAT HAVE DONORS WHO WOULD LIKE TO GIVE REAL ESTATE BUT DO NOT HAVE THE RESOURCES TO ACCEPT REAL ESTATE GIFTS MAY WORK WITH THE ORGANIZATION WHICH WILL ACCEPT, LIQUIDATE, AND SEND THE REAL ESTATE PROCEEDS TO THE NONPROFIT.

    Expenses $2,564 · Grants $2,564

As filed on the 2024 return.

Listed in Part VII

  • Chanthi Lune

    Secretary/Treasurer

    Total calculated
    $542,491
    From this org
    $0
    From related orgs
    $493,848
    Other
    $48,643
    Hours/week
    0.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $493,128 related
    Bonus
    $0
    Other
    $0 + $720 related
    Deferred
    $0 + $47,030 related
    Nontaxable benefits
    $0 + $1,613 related
    Filer's total
    $0 + $542,491 related

  • Elizabeth A Carey

    President

    Total calculated
    $644,448
    From this org
    $0
    From related orgs
    $570,212
    Other
    $74,236
    Hours/week
    0.5 + 41.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $541,492 related
    Bonus
    $0 + $28,000 related
    Other
    $0 + $720 related
    Deferred
    $0 + $50,213 related
    Nontaxable benefits
    $0 + $24,023 related
    Filer's total
    $0 + $644,448 related

  • Brad Smith

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Allen

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Sarah Valencia

    Treasurer

    Total calculated
    $357,983
    From this org
    $0
    From related orgs
    $322,125
    Other
    $35,858
    Hours/week
    0.5 + 40.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,645 related
    Bonus
    $0
    Other
    $0 + $480 related
    Deferred
    $0 + $32,076 related
    Nontaxable benefits
    $0 + $3,782 related
    Filer's total
    $0 + $357,983 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part II REPORTED SALARIES
THIS SECTION INCLUDES SALARIES OF SILICON VALLEY COMMUNITY FOUNDATION EXECUTIVES WHO ARE BOARD MEMBERS OF THE REAL ESTATE TRUST. THESE SALARIES ARE NOT PAID BY THE REAL ESTATE TRUST, AND ARE ONLY LISTED BECAUSE SILICON VALLEY COMMUNITY FOUNDATION IS A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AEGIS RESERVE PARTNERS LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICONIQ ACCESS XLI LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICONIQ DC FUND I FEEDER (TE) LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE 2018 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE 2019 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE I-B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CVC 2019 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • Nydig Institutional Bitcoin Fund Lp

    N/A · INVESTMENT · DE

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Clearlake Opportunities Partners (E-Offshore) LP

    C Corporation · Investment

    Directly controlled by NA

  • Farallon Co-Investment Feeder Fund LP

    C Corporation · Investment

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
8 November 2025
IRS schema version
2024v5.1
Source object
202503129349300415

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