‘I like to think about community as an ecosystem,’ says CEO Nicole Taylor Scott Bade 9 hours
Over the last decade, Silicon Valley Community Foundation has become one of the favorite destinations for tech philanthropy.
Counting Mark Zuckerberg, Jack Dorsey and Reed Hastings among its donors, SVCF has quietly become a philanthropic powerhouse. As a community foundation, it made $126 million in grants in 2018 in San Mateo and Santa Clara counties (the latest year for which numbers were available), but its true power comes from the nearly $9 billion in donor-advised funds (also known as DAFs) it oversees.
DAFs have become popular among wealthy donors in recent years because they carry the tax benefits of a donation without requiring