Important news about Silicon Valley Gives

I am writing to share some important news about Silicon Valley Gives, our region’s 24-hour online giving day to support nonprofit organizations. When we launched SVGives in 2014 to commemorate the 100th anniversary of the nation’s first community foundation, it was our belief that it would be a one-time-only event. We were happily surprised by the excitement and enthusiasm the event generated throughout the community. We listened to this feedback and responded by agreeing to continue SVGives for two more years. For the 2016 event, we responded to community suggestions and expanded the event from the original counties of San Mateo, Santa Clara and San Benito to include all nonprofits in San Francisco County as well.

While enthusiasm for SVGives remains strong from both new and old participants, we have heard growing concerns expressed by nonprofit organizations, individual donors and other partners about donor fatigue and about the transaction fees associated with SVGives. In listening to these concerns, Silicon Valley Community Foundation has decided to suspend SVGives for 2017. This was not an easy decision, and we recognize that it will be disappointing news for some. However, it reflects the community feedback we have received. Over the next year, we will determine if there are satisfactory ways to address the concerns that have been raised and whether – in the tradition of Silicon Valley – we can develop SVGives 2.0 that will exceed the performance of the original version.

We are incredibly proud that over the past three years we have raised nearly $24 million for local organizations, and that more than 50,000 people made donations to charities via SVGives. We have engaged thousands of nonprofit organizations and involved hundreds of community partners. Throughout this process, one of our central goals was to provide valuable capacity-building training and resources for charities in the four participating counties, and beyond. We learned that there was a tremendous desire and need among nonprofit organizations to increase their knowledge of fundraising strategies, social media usage and media outreach. The recorded training sessions – which addressed those topics and more – will continue to be available to nonprofit organizations via SVCF’s YouTube channel

All of us at SVCF want to thank everyone who has participated in SVGives – in ways big and small – for the support, energy and ideas you’ve provided us on this inspiring journey to support nonprofit organizations in our community. Please contact us at svgives@siliconvalleycf.org with any questions about this announcement.