Deadlines for 2021 year-end charitable giving and grant recommendations

Silicon Valley Community Foundation is committed to making our donors’ year-end giving easy and meaningful. We are sharing these important giving and grant recommendation deadlines to help ensure that all gifts are properly credited for 2021 and grants are processed in a timely manner.

Charitable gifts to SVCF

Contribution Type Deadline
Delivered via U.S. Mail Postmarked on or before Dec. 31, 2021
Delivered via private mailing services such as FedEx Must be received in our office by the morning of Dec. 31, 2021
Gifts of securities such as publicly traded stock held by a broker, mutual funds, etc. Will be acknowledged the day the securities are credited to SVCF’s brokerage account. Please note that Depository Trust Company (DTC) transfers typically take 24 hours to complete, but brokerage firms might be delayed in processing clients’ requests at year-end because of the volume of transfer instructions that come in at this time. Therefore, please initiate the transfer by a date that will ensure the securities get credited to SVCF’s brokerage account by Dec. 31, 2021
Cash wire transfers Must be initiated by a date that will ensure the receipt of the fund by SVCF by Dec. 31, 2021
Complex contributions, such as closely held stock, restricted stock or cryptocurrency Initiate these donations as soon as possible, as they may require approval from our Gift Acceptance Committee

Additional key gift information:

  • As required by the IRS, in order for you to claim a charitable deduction for this tax year, ownership of your gifted asset must transfer to SVCF on or before Dec. 31, 2021. Please note that gifts of illiquid assets, such as real estate, must be initiated as soon as possible, as complex gifts generally take longer to transfer.
     
  • SVCF's standard practice is to sell all marketable securities upon receipt. A donor may recommend, but not require, that SVCF retain the donated securities and/or sell them according to a sales strategy. Recommendations must be shared prior to the transfer of securities and will be considered on a case-by-case basis. Additional fees may apply.

Grants from charitable funds at SVCF to other nonprofit organizations

Contribution Type Deadline
Domestic Must be submitted by Friday, Dec. 3, 2021
International Please submit recommendations as soon as possible. Vetting must be complete and the organization must return a signed agreement to SVCF by Dec. 3, 2021.

 

SVCF is committed to offering the most reliable and efficient service to donors and professional advisors. Please contact us at donate@siliconvalleycf.org or call us at 650.450.5444 if you have any questions about specific types of gifts or timing.

Interested in maximizing your impact this season?

Refer to these tips from SVCF philanthropy advisors.

Refer to SVCF's Giving Guides to support organizations advancing equity in our region. 

Stay connected with SVCF by signing up for our eNewsletter.