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SVCF 2019 2019 Annual Report
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SVCF & Corporate Partnerships: Responsibility, Opportunity and a Focus on Community

Silicon Valley Community Foundation’s Corporate Responsibility team partners with dozens of companies to plan and execute their philanthropy both in our region and around the world.

In November 2019, our close relationship with many Bay Area companies was one reason that Gov. Gavin Newsom turned to SVCF to help him convene more than a dozen leaders of top employers, including Blue Shield, Google, LinkedIn, United Airlines, Western Digital and Zoom. Newsom, SVCF CEO Nicole Taylor and these leaders met to learn from affordable housing and homelessness experts — Jennifer Loving from Destination: Home, Tomiquia Moss from All Home and Rebecca Foster from SF Housing Accelerator Fund — and voice their thoughts as employers about improving the Bay Area’s extremely expensive and scarce housing market. Some of these companies have engaged with SVCF about housing initiatives in the past; others will become allies and advocates as we address housing needs in 2020 and beyond.

table discussion

In 2019, corporate advised funds at Silicon Valley Community Foundation distributed $60.9 million in grants.

Some of the most innovative and interesting corporate grantmaking happens when companies tap an unexpected resource: their own employees. Here’s how three corporations – all SVCF corporate partners – leverage the expertise of their employees to inform their philanthropy.

Intero Foundation

The hundreds of Bay Area real estate agents that make up Intero are all vested in the health of the communities where they live and work: that’s good business, and that’s good local philanthropy. In 2017, Intero Foundation began partnering with SVCF on a series of grant rounds focused on assisting local children and the elderly. Intero real estate agents are deeply involved in this work: they contribute to the Intero Foundation fund, suggest local nonprofits for Intero’s grant rounds and help shape the final pool of recipients.

Comcast NBC Foundation

The Comcast NBCUniversal Foundation leverages the expertise of its locally owned television stations in its grantmaking. Project Innovation is an annual grant round that stretches across 11 key NBCU-owned and -operated television markets in the United States, granting nearly $2.5 million to support nonprofit organizations that are tackling everyday problems through innovative solutions. Project Innovation combines SVCF’s expertise in financial analysis and grant round management with the local owned stations’ understanding of needs and issues. The result is a program that supports grantees that span America while being rooted deeply in their communities.

Lam Research

Lam Research’s Inspire. Together employee-sponsored grant program allows employees to help identify community needs, nominate a nonprofit that inspires them and submit a grant application on behalf of that organization. Lam Research leverages this unique approach four times a year, ensuring a continually fresh and community-informed perspective on grantees.

 

For more information on SVCF’s services for companies, contact donate@siliconvalleycf.org.

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