Silicon Valley Social Venture Fund Sv2
Silicon Valley Social Venture Fund Sv2
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Silicon Valley Social Venture Fund Sv2? Learn more here.
About this organization
Mission
Silicon Valley Social Venture Fund's (SV2's) mission is to unleash the resources and talents of the Silicon Valley community to achieve meaningful social impact. SV2 works to build the organizational capacity of our nonprofit Grantees and Impact Investees and the philanthropic capacity of our donors (called "Partners"). SV2 does this through engaged grantmaking and impact investing in a number of issue areas with funds contributed by our donor-partners.
About
EXPERIENTIAL GRANTMAKING & IMPACT INVESTING - SV2 conducts grant rounds in which SV2 Partners (donors) gain experiential education about specific social or environmental issue areas and strategic philanthropy. SV2 Partners pool their charitable contributions and then work together to identify and select high-potential Grantees and Impact Investees from among local nonprofits and social ventures. Grantees receive cash grants to support infrastructure and organizational capacity-building in order to scale their ability to achieve their missions and improve peoples lives.In 2018-19, SV2 made two multi-year, general operating support grants in the areas of early childhood health and entrepreneurship, and two one-year, general operating support grants in the areas of health/basic needs and performing arts. SV2 also conducted its fourth Impact Investment Round, in which Partners performed due diligence and selected two mission-driven social ventures and two mission-driven equity funds in which to make investments. The SV2 Teens Program, in which teenage children of SV2 Partners go through their own grant round and learn about local issues and the nonprofits addressing them, awarded three grants to nonprofits focused on the environment.Data suggests that, as a result of the experiential grantmaking program and other learning SV2 provides, 91% of Partners increased their level of knowledge about local community needs and solutions, 84% of Partners have increased confidence in practicing effective giving, and 81% become more effective social impact leaders.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “Silicon valley social venture funds (sv2) mission is to unleash the resources and talents of the silicon valley community to achieve meaningful social impact. sv2 works to build the organizational capacity of our nonprofit grantees and impact the silicon valley community to achieve meaningful social impact. sv2 works to build the organizational capacity of our nonprofit grantees and impact investees and the philanthropic capacity of our donors (called "partners"). sv2 does this through engaged grantmaking in a number of issue areas with funds contributed by our donor-partners.”.
When referring to its actions, they were outlined as: “Silicon valley social venture funds (sv2) mission is to unleash the resources and talents of the silicon valley community to achieve meaningful social impact. sv2 works to build the organizational capacity of our nonprofit grantees and impact investees and the”.
- The non-profit has complied with legal obligations by reporting their state of operation as CA.
- The non-profit's address in 2020 is noted in the filing as 350 TWIN DOLPHIN DRIVE SUITE 103, REDWOOD CITY, CA, 94065.
- The non-profit's form for 2020 reports a total of 9 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$73,282.
- The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 14 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $785,821 in salary, compensation, and benefits to its employees.
- The organization pays $52,674 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
Additional Non-Profits in the area
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.