Silicon Valley Social Venture Fund

Analysis

Silicon Valley Social Venture Fund is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Silicon Valley Social Venture Fund reported income of $1.8m and spending of $2.1m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+15%), an average of +3.4% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silicon Valley Social Venture Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Jewish Federation of Northeastern Pennsylania ($1.8m), Foxfield Racing LLC ($1.8m) and VT Seva ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $365k (17% of expenses). Other salaries and wages came to $300k. At year end it held assets of $2.1m against liabilities of $714k, net assets of $1.4m. It reported 5 employees.