Deadlines for year-end charitable giving and grant recommendations

Silicon Valley Community Foundation is committed to making your year-end giving easy and meaningful. We want to share these important giving and grant recommendation deadlines, to help ensure that all gifts are properly credited for 2018 and grants are processed in a timely manner.

Charitable gifts to SVCF

A charitable gift is considered made on the “date of delivery.” This date determines, among other things, whether you are eligible for an income tax deduction in 2018. The IRS rules for date of delivery vary depending on the type of asset and how the asset was delivered.

Monday, Dec. 3, 2018
Gifts of closely held stock, publicly traded stock held by a broker and mutual funds should be initiated by Monday, Dec. 3, 2018. Gifts of stock that are transferred via depository trust company (DTC) will be acknowledged the day the stock is credited to SVCF’s brokerage account. 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. Please refer to our gift transfer instructions.

Monday, Dec. 10, 2018
When assets will be used to fund a charitable trust or charitable gift annuity, please contact donate@siliconvalleycf.org or call 650-450-5444 to speak with a member of the SVCF staff no later than Monday, Dec. 10, 2018, to determine whether your gift can be completed by year-end.

Monday, Dec. 17, 2018
Cash wire transfers should be initiated by Monday, Dec. 17, 2018 to ensure the receipt of the funds by SVCF by Monday, Dec. 31, 2018. Please refer to our gift transfer instructions.

Monday, Dec. 31, 2018
Gifts made by check and sent via U.S. Mail must be postmarked on or before Monday, Dec. 31, 2018.

Monday, Dec. 31, 2018
Gifts made by check and sent through private mailing services such as FedEx must be received in our office by the morning of Monday, Dec. 31, 2018.

Other, more complex assets, such as real estaterestricted stock or other gifted assets may require approval from our Gift Acceptance Committee. We request that you initiate these donations as soon as possible. Please contact donate@siliconvalleycf.org for more information or call 650-450-5444 to speak with a SVCF staff member.

Grants from charitable funds at SVCF to other nonprofit organizations

Monday, Dec. 10, 2018
Grant recommendations to organizations in the U.S.: Recommendations must be submitted by Monday, Dec. 10, 2018, to be processed by Dec. 31, 2018.

Monday, Dec. 10, 2018
Grant recommendations to organizations outside the U.S.: Vetting must be complete and the organization must return a signed agreement to SVCF by Monday Dec. 10, 2018. Please submit recommendations as soon as possible.

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. Thank you for your consideration, and we wish you a very happy holiday season!