2024-10-31T12:07:06+00:00 2023-12-31 350921680 Crowe LLP 5810 Tennyson Parkway Suite 450 Plano TX 750244112 990 2023-01-01 043701887 The Real Estate Trust of Silicon Valley Community Foundation REAL 6504505400 444 Castro Street 140 Mountain View CA 94041 Sarah Valencia Treasurer 2024-10-31 true Amy Bellanca P01572961 2147775200 2024-10-31 2023 2024-10-15 13:58:12Z Elizabeth A Carey 444 Castro Street 140 Mountain View CA 94041 670183 false X www.giverealestate.org X 2002 CA 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. 4 2 0 2 0 0 1050000 0 0 0 -2547347 -379910 29603 0 -1467744 -379910 16205105 659538 0 0 0 0 0 0 161047 37757 16366152 697295 -17833896 -1077205 7403798 6146518 3773220 3799941 3630578 2346577 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. false false 666240 659538 0 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. 666240 true false false false false false false false false true true false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 1 0 true 0 false false false false false false true 1 false false false false false X 4 2 false true false false false true false true false false false true true true true true true false false false CA X Elizabeth A Carey 6504505400 444 Castro Street 140 Mountain View CA 94041 Chanthi Lune Secretary/Treasurer 0.5 42.0 X X 0 430451 34612 Elizabeth A Carey President 0.5 41.0 X X 0 530196 65778 Brad Smith Director 0.5 0 X 0 0 0 Robert Allen Director 0.5 0 X 0 0 0 Sarah Valencia Director 0.5 40.5 X 0 300688 33691 0 1261335 134081 0 false true false 0 0 0 0 0 0 0 0 0 670183 1050093 0 -379910 -379910 -379910 0 0 0 0 0 -379910 0 0 -379910 659538 659538 13404 6702 6702 6084 6084 0 0 0 0 10809 10809 7435 7435 Bank, Credit Card & Filing Fees 25 25 0 0 0 0 697295 666240 31055 0 0 0 0 0 4248800 0 5469100 4248800 1934698 1897718 0 0 0 7403798 6146518 1896221 1886446 0 0 1876999 1913495 3773220 3799941 X 3630578 2346577 3630578 2346577 7403798 6146518 X -1077205 -206796 X false true X true false X X 1 SILICON VALLEY COMMUNITY FOUNDATION 205205488 7 true 659538 0 1 659538 0 true false false false false false false false false false false false false false false true false 4248800 4248800 4248800 SVCF Short Term Pool 1897718 F 1897718 LIFE ESTATE LIABILITY 1913495 1913495 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES ARE TAX-EXEMPT ORGANIZATIONS AND ARE NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME, IN ACCORDANCE WITH SECTION 501(A) OF THE INTERNAL REVENUE CODE. IN ADDITION, SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) OF THE INTERNAL REVENUE CODE AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. UNRELATED BUSINESS INCOME TAX, IF ANY, IS IMMATERIAL AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES DO NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES FILE INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL, CALIFORNIA, AND OTHER STATE JURISDICTIONS. true Silicon Valley Community Foundation 444 Castro Street 140 Mountain View CA 94041 205205488 501(C)(3) 659538 0 N/A N/A General Nonprofit Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS TO 501(C)(3) ORGANIZATIONS: BY ACCEPTING THE GRANT, GRANTEES MUST AGREE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS, AND INCOME EARNED ON THOSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION - THE GRANT WILL BE USED SOLELY FOR THE PURPOSES SPECIFIED IN THE GRANT AWARD LETTER AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE AWARD LETTER WILL BE RETURNED TO THE ORGANIZATION - SOME GRANTEES MAY RECEIVE A FORMAL GRANT AGREEMENT, DEPENDING ON THE SIZE AND COMPLEXITY OF THE GRANT AND MUST SIGN A GRANT AGREEMENT THAT STIPULATES THAT THE GRANTEE WILL SEND TO THE COMMUNITY FOUNDATION A REPORT ON THE USE OF THE GRANTED FUNDS ONE YEAR FOLLOWING THE RECEIPT OF THE GRANT. false false false false false false false false false Elizabeth A Carey President 0 505393 0 24000 0 803 0 43855 0 21923 0 595974 0 0 Chanthi Lune Secretary/Treasurer 0 428831 0 0 0 1620 0 33000 0 1612 0 465063 0 0 Sarah Valencia Director 0 300046 0 0 0 642 0 29909 0 3782 0 334379 0 0 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. Form 990, Part VI, Line 3 Delegation of management duties THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, PERFORMED THE DAY TO DAY OPERATIONS OF THE REAL ESTATE TRUST. THE COMMUNITY FOUNDATION WAS REIMBURSED FOR THESE SERVICES. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The directors shall be appointed by Silicon Valley Community Foundation ("SVCF") so long as SVCF is (a) exempt from taxation under Section 501(C)(3) of the Internal Revenue Code, as amended (the "IRC"); (b) classified as a public charity under IRC Section 509(a)(1); and (c) named as this corporation's supported organization in Article II.B of this corporation's Articles of Incorporation. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body There are no other committees than the governing board. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PLACED ON A SECURED WEBSITE OR SENT BY EMAIL FOR THE GOVERNING BODY TO REVIEW AND COMMENT PRIOR TO 990 FILING. REVIEW IS VERIFIED BY EMAIL. Form 990, Part VI, Line 12c Conflict of interest policy In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the General Counsel, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement. Form 990, Part VI, Line 19 Required documents available to the public THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS CAN BE REVIEWED IN THE OFFICE OR PROVIDED ELECTRONICALLY VIA AN EMAILED LINK TO THE DOCUMENT IN BOX, A SECURE ONLINE CONTENT MANAGEMENT SYSTEM, UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances PRESENT VALUE OF LIFE ESTATE - -206796; FORM 990, PART VI, LINE 15 PROCESS TO ESTABLISH COMPENSATION THE REAL ESTATE TRUST HAS NO EMPLOYEES. THE COMPENSATION OF THE EMPLOYEES OF THE SILICON VALLEY COMMUNITY FOUNDATION IS SUBJECT TO THE NORMAL REVIEW AND APPROVAL PROCESS OF THE COMMUNITY FOUNDATION. SILICON VALLEY COMMUNITY FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 205205488 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) 7 NA false THE DIRK AND CHARLENE KABCENELL FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 721563142 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SKOLL FUND 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770528216 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE SOBRATO FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 800091312 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE CHONG-MOON LEE FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770414442 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false INTERVALIEN FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 900899545 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false NEUBAUER FAMILY CHARITABLE TRUST 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 813609752 GRANTS & COMMUNITY LEADERSHIP PA 501(c)(3) Type I SVCF false DRISCOLL FAMILY FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770430921 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SHUCHMAN LESSER FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 820637263 GRANTS & COMMUNITY LEADERSHIP DE 501(c)(3) Type I SVCF false DESTINATION HOME SV 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 823353174 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false K18N FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 873826691 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false BIOME GLOBAL FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 874110945 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false LL GREEN FROM GARBAGE 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 923258530 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false ICONIQ ACCESS XLI LP 50 BEALE ST STE 2300 San Francisco CA 94105 473148077 Investment CA NA N/A ICONIQ DC FUND I FEEDER (TE) LP 50 BEALE ST STE 2300 San Francisco CA 94105 813354580 Investment CA NA N/A ICQ CPE 2018 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 822693176 Investment CA NA N/A ICQ CPE 2019 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 831825403 Investment CA NA N/A ICQ CPE I-B LP 50 BEALE ST STE 2300 San Francisco CA 94105 812686821 Investment CA NA N/A ICQ CVC 2019 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 831864397 Investment CA NA N/A Nydig Institutional Bitcoin Fund Lp ONE VANDERBILT AVE 65TH FL NEW YORK NY 10017 611900380 Investment DE NA N/A Clearlake Opportunities Partners (E-Offshore) LP 233 Wilshire Blvd Suite 800 Santa Monica CA 90401 352533262 Investment CJ NA C Corporation false Farallon Co-Investment Feeder Fund LP ONE MARITIME PLAZA STE 2100 SAN FRANCISCO CA 94111 981661128 Investment CJ NA C Corporation false false true false false false false false false false false false false true false false true false false false