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Nonprofiteer
← SILICON VALLEY COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by SILICON VALLEY COMMUNITY FOUNDATION.

Totals

Total revenue
$1,598,536,976
Total expenses
$5,156,084,652
Contributions and grants received
$1,244,443,331
Grants paid
$5,081,247,110
Program service revenue
$3,106,306
Investment income
$350,393,564
Other revenue
$593,775
Total assets, end of year
$10,356,051,571
Total liabilities, end of year
$2,095,363,764
Net assets or fund balances, end of year
$8,260,687,807
Program services expenses (Part IX)
$5,100,794,774
Management and general expenses
$51,218,212
Fundraising expenses
$4,071,666
Program service expenses (Part III)
$5,100,794,774

Program services were 98.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Kate Michell

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Mauricio Simbeck

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Nicole Taylor

    President & CEO

    Total calculated
    $1,197,190
    From this org
    $1,110,573
    From related orgs
    $0
    Other
    $86,617
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $983,726
    Bonus
    $34,407
    Other
    $92,440
    Deferred
    $55,500
    Nontaxable benefits
    $31,117
    Filer's total
    $1,197,190

  • Wade W Loo

    Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Alan Zafran

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Daniel Perez

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Greta Hansen

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Issac Vaughn

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Jennifer Urdan

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Judy Miner

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Larry D Kramer

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Luz Urrutia

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Max Cuellar

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Rebecca Guerra

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Rosanne Foust

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Scott Kupor

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Shannon Nash

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Van Ton-Quinlivan

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Zach Hulsey

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Chanthi Lune

    General Counsel

    Total calculated
    $465,063
    From this org
    $430,451
    From related orgs
    $0
    Other
    $34,612
    Hours/week
    40 + 2.5 related

    Schedule J breakdown matched by us

    Base
    $428,831
    Bonus
    $0
    Other
    $1,620
    Deferred
    $33,000
    Nontaxable benefits
    $1,612
    Filer's total
    $465,063

  • Elizabeth A Carey

    Chief Financial Officer

    Total calculated
    $595,974
    From this org
    $530,196
    From related orgs
    $0
    Other
    $65,778
    Hours/week
    40 + 1.5 related

    Schedule J breakdown matched by us

    Base
    $505,393
    Bonus
    $24,000
    Other
    $803
    Deferred
    $43,855
    Nontaxable benefits
    $21,923
    Filer's total
    $595,974

  • Gina Dalma

    EVP, Community Action, Policy and Strategy (Through 12/20/23)

    Total calculated
    $504,649
    From this org
    $437,050
    From related orgs
    $0
    Other
    $67,599
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,043
    Bonus
    $0
    Other
    $23,007
    Deferred
    $34,700
    Nontaxable benefits
    $32,899
    Filer's total
    $504,649

  • Judith Powell

    EVP, Philanthropic Partnerships

    Total calculated
    $374,110
    From this org
    $317,613
    From related orgs
    $0
    Other
    $56,497
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $314,557
    Bonus
    $0
    Other
    $3,056
    Deferred
    $32,660
    Nontaxable benefits
    $23,837
    Filer's total
    $374,110

  • Therese Wilson

    EVP, Chief of Staff

    Total calculated
    $527,901
    From this org
    $461,498
    From related orgs
    $0
    Other
    $66,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $458,045
    Bonus
    $0
    Other
    $3,453
    Deferred
    $45,012
    Nontaxable benefits
    $21,391
    Filer's total
    $527,901

  • Ana Akhtar

    VP, Donor Services

    Total calculated
    $319,967
    From this org
    $259,825
    From related orgs
    $0
    Other
    $60,142
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,349
    Bonus
    $0
    Other
    $1,476
    Deferred
    $27,261
    Nontaxable benefits
    $32,881
    Filer's total
    $319,967

  • Manuel Santamaria

    VP, Community Action (through 9/28/2023)

    Total calculated
    $354,790
    From this org
    $295,906
    From related orgs
    $0
    Other
    $58,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,710
    Bonus
    $0
    Other
    $83,196
    Deferred
    $21,571
    Nontaxable benefits
    $37,313
    Filer's total
    $354,790

  • Marc Philpart

    Executive Director, California Black Freedom Fund

    Total calculated
    $333,580
    From this org
    $276,380
    From related orgs
    $0
    Other
    $57,200
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,900
    Bonus
    $0
    Other
    $480
    Deferred
    $24,301
    Nontaxable benefits
    $32,899
    Filer's total
    $333,580

  • Sarah Valencia

    SVP, Finance

    Total calculated
    $334,379
    From this org
    $300,688
    From related orgs
    $0
    Other
    $33,691
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $300,046
    Bonus
    $0
    Other
    $642
    Deferred
    $29,909
    Nontaxable benefits
    $3,782
    Filer's total
    $334,379

  • To Tsang

    SVP, IT and Knowledge Management

    Total calculated
    $317,984
    From this org
    $287,231
    From related orgs
    $0
    Other
    $30,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,472
    Bonus
    $0
    Other
    $2,759
    Deferred
    $27,024
    Nontaxable benefits
    $3,729
    Filer's total
    $317,984

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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
Gina Dalma - $19,553 Manuel Santamaria - $80,914
Schedule J, Part I, Line 7 Non-fixed payments
All executive bonus payments are determined and approved by the board.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • E- Immigrate LLC

    Non Profit Services · CA · income $0 · assets $0

    Directly controlled by SVCF

Related partnerships

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

  • ICONIQ ACCESS XLI LP

    Excluded · Investment · CA · 80% owned · share of income -$548,280 · share of assets -$405,297

    Directly controlled by SVCF

  • ICONIQ DC FUND I FEEDER (TE) LP

    Excluded · Investment · CA · 81.77% owned · share of income $4,084,151 · share of assets $17,369,076

    Directly controlled by SVCF

  • ICQ CPE 2018 B LP

    Excluded · Investment · CA · 82.45% owned · share of income $10,450,225 · share of assets $66,129,361

    Directly controlled by SVCF

  • ICQ CPE 2019 B LP

    Excluded · Investment · CA · 87.45% owned · share of income $2,799,145 · share of assets $72,425,848

    Directly controlled by SVCF

  • ICQ CPE I-B LP

    Excluded · Investment · CA · 66.2% owned · share of income $5,561,013 · share of assets $18,001,790

    Directly controlled by SVCF

  • ICQ CVC 2019 B LP

    Excluded · Investment · CA · 62.22% owned · share of income $98,122 · share of assets $19,144,075

    Directly controlled by SVCF

  • Nydig Institutional Bitcoin Fund Lp

    Excluded · INVESTMENT · DE · 84.1% owned · share of income -$1,031,457 · share of assets $41,045,117

    Directly controlled by SVCF

  • CHSO TSF LP

    N/A · Investment · DE

    Directly controlled by NA

  • LV WEST LANE COLUMBUS GP LLC

    N/A · Investment · DE

    Directly controlled by NA

  • Next Egg Investments (NFCT) LP

    N/A · Investment · DE

    Directly controlled by NA

  • Newlands Philanthropic LP

    N/A · Investment · DE

    Directly controlled by NA

  • CHESWOLD (ALMONDS) LLC

    N/A · FARMING · DE

    Directly controlled by NA

  • CHESWOLD (COLLEGE PARK PREFERRED) LLC (2022)

    N/A · INVESTMENT · CA

    Directly controlled by NA

  • SU FUND I A SERIES OF WAY FINDER INVESTMENTS LP

    N/A · INVESTMENT · CA

    Directly controlled by NA

Related corporations and trusts

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

  • CHARITABLE REMAINDER UNITRUST (36)

    Trust · Investment · CA · controlled entity

    Directly controlled by NA

  • POOLED INCOME FUND (1)

    Trust · Investment · CA · controlled entity

    Directly controlled by NA

  • Clearlake Opportunities Partners (E-Offshore) LP

    C Corporation · Investment · CJ · 98.88% owned · share of income $148,009 · share of assets $7,027,460 · controlled entity

    Directly controlled by SVCF

  • Farallon Co-Investment Feeder Fund LP

    C Corporation · Investment · CJ · 50.71% owned · share of income $2,484,056 · share of assets $21,196,352 · controlled entity

    Directly controlled by SVCF

  • CHESWOLD ALMONDS INC

    C Corporation · FARMING · DE · controlled entity

    Directly controlled by NA

  • CHESWOLD (NW-NFCT) LTD

    C Corporation · INVESTMENT · CJ · controlled entity

    Directly controlled by NA

  • SREO 2 LP

    C Corporation · INVESTMENT · GK · controlled entity

    Directly controlled by NA

  • CHESWOLD (NFCT CAYMAN) LTD

    C Corporation · INVESTMENT · CJ · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202413129349304911

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