Capital Preservation Pool

Asset AllocationThe Capital Preservation Pool is a short-term investment option for donors and nonprofits with funds at SVCF. The pool is designed for assets to be distributed within 12 months or for funds seeking to avoid exposure to market volatility. The pool invests primarily in the Vanguard Federal Money Fund and laddered FDIC insured deposits at community banks and Community Development Financial Institutions (CDFI).

Community Impact

A portion of the pool is invested in deposits at Community Development Financial Institutions serving the greater San Francisco Bay Area. These federally chartered institutions provide access to credit for low- and moderate-income communities, small businesses and nonprofits. Additional deposits are held at non-CDFI community oriented banks. At December 31, 2018, the pool held $163.6 million in deposits at the financial institutions listed below.

Community Development Financial Institutions

Beneficial State Bank – Beneficial State Bank provides traditional banking services, but with a focus on the traditionally underserved: low-income communities, sustainable businesses and job creation. Profits of the Bank are distributed to the Beneficial State Foundation which reinvests those proceeds back into the community. SVCF’s deposits support lending to nonprofit organizations and businesses that typically find conventional financing out-of-reach, such as specialty agriculture, renewable energy, green building and low-income housing. Learn more.

Community Bank of the Bay – Community Bank of the Bay is dedicated to promoting job creation and economic revitalization by providing affordable deposit accounts and flexible financing to local businesses, nonprofits, schools and faith-based organizations. The bank’s Bay Area Green Fund supports financing of environmentally sustainable projects and businesses. SVCF deposits support lending to small businesses and nonprofits so they, in turn, can create jobs and a more sustainable economy. Learn more.

Self-Help Federal Credit Union – Self-Help promotes fair financial practices and provides responsible financial services to low- and moderate-income consumers, small businesses and nonprofits, with a focus on those who may be underserved by conventional lenders, including people of color, women, rural residents and low-wealth families. SVCF deposits support fair and affordable lending through Self-Help’s branches across California, including a branch in East San Jose. SVCF also supports Self-Help with grants from the Community Endowment. Learn more.

Community Banks

East West Bank- East West Bank was originally founded to help those without existing banking relationships and to assist new immigrants establish themselves financially. This effort remains a primary focus of the bank today through its community reinvestment act lending and community programs. The bank is the largest minority operated bank in the country, and the only bank in California with a board that has representation across all five major ethnic groups. SVCF deposits support lending in low-to-moderate income communities in Bay Area counties. Learn more.

Amalgamated Bank - Amalgamated Bank is a triple-bottom-line bank serving values-driven businesses and nonprofits that are building a more sustainable world. Amalgamated Bank believes that money and banking can be an agent of positive environmental, social and economic change and help achieve well-being for people and the planet. SVCF deposits support lending to sustainable organizations, progressive causes, and social justice. Learn more.


Silicon Valley Community Foundation is not engaged in rendering legal, financial, or tax advice. Information in our publications and on our website is provided as a service to provide general information about charitable giving. Many topics related to charitable giving have complexities and nuances that cannot be adequately detailed in brief articles or announcements. Individuals’ personal situations may vary. Please consult your financial or legal advisor. Performance data is based on past performance and is no guarantee of future results. If you would like to report discrepancies with information presented, please contact us at