Investing Charitable Remainder Trusts in a Charity’s Endowment
In the fall of 2003, Harvard University received a Private Letter Ruling (PLR) to invest its charitable remainder trusts (CRTs) in the University’s endowment. Since then, other charities have received similar rulings. While the PLR is a creative approach to including alternative assets in charitable trust portfolios, it raises some significant issues. MORE...

Legislative Update: Public Good IRA Rollover Act of 2007
In March, the U.S. Senate approved its fiscal year 2008 budget resolution to include a reserve fund allowing for new tax relief and the extension of certain expiring tax provisions, including the IRA Charitable Rollover. The reserve fund includes the Public Good IRA Rollover Act of 2007 sponsored by Senator Byron Dorgan (D-ND) and Olympia Snowe (R-ME). MORE...

Greetings from the CEO
As summer arrives, the community foundation is making tremendous strides toward positioning itself to fulfill its mission to strengthen the common good, improve quality of life and address the most challenging problems through visionary community leadership, world-class donor services and effective grantmaking. MORE...

Silicon Valley Community Foundation Appoints Nancy Handel to Board
Silicon Valley Community Foundation appoints Nancy Handel to board of directors (PDF) and completes leadership team (PDF) by hiring vice presidents of human resources and information services.