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Silicon Valley Community Foundation10 Years ofInnovation and Impact

10 YEARS OFIMPACT ANDINNOVATIONSILICON VALLEY COMMUNITYFOUNDATION GROWTHSilicon Valley Community FoundationOver the past 10 years, SiliconPeninsula Community FoundationValley Community FoundationCommunity Foundation Silicon Valleyhas grown to become theworld’s largest community 8 Bfoundation, engaging,empowering, and collaboratingTOTAL ASSETSAverage Fund Size 6 Bwith family, individual, andcorporate donors to generatepositive impact by supportingorganizations within andbeyond county lines andnational borders. SVCF alsohas become a comprehensive 8.2 B2007 1.2 M2016 5.0 M 4 B 2 B 02002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016center for philanthropy,engaging as advocates in 2 Bpursuit of tackling criticalpublic policy issues, partneringTOTAL GIFTSGifts Per Capita* 1.5 Bwith nonprofit groups andinstitutions who aim to advanceideas and direct resourcesstrategically toward pressing,critical needs, commissioningresearch to identify emergingissues and anticipate future2007-2016 Total 8.4 B2007 452015 162 1 B 500 M 02002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016needs, and launching strategicinitiatives in support of thelocal community.A combination of stories anddata will illustrate how SiliconValley Community Foundationharnessed a local culture ofinnovation to become a leaderof the field, expanded its reachacross the entire globe, andcontinues to find new ways togenerate positive impact.2Foundation Center, 2017 1.4 B 1.25 B 1 B 750 MTOTAL GRANTS 1.3 B2007-2016 Total 4.3 BGrants Per Capita*2007 352015 108 500 M 250 M 02002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016*Service Area includes Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma Counties.2007 Service Area Population: 7.0 M; 2015 Service Area Population: 7.7 M.2016 Service Area Population not available at time of publishing.2016 figures are unaudited.

8 BGROWTH OF TOP 10 COMMUNITY FOUNDATIONSSilicon Valley Community Foundation 7 B 6 B 5 BTulsa Community Foundation 4 BThe New York Community TrustGreater Kansas City Community Foundation 3 BThe Chicago Community TrustThe Cleveland Foundation 2 BFoundation for the CarolinasThe Columbus FoundationOregon Community Foundation 1 BMarin Community Foundation 02002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015"Largest Community Foundations" defined as the 10 community foundations with the highest asset totals in fiscal year 2015.COMPOUND ANNUAL GROWTH RATE“Our objective never was to17%Silicon Valley Community Foundationbe the biggest foundation. It’snot size for size’s sake, but forthe credibility and advocacyCommunity Foundation Fieldstrength it can give you.”5% JOHN M. SOBRATO, FORMER BOARD CHAIRPhilanthropic Sector as a Whole3%Silicon Valley Community Foundation: 2007-2016; Community Foundation Field: 2008-2015; Philanthropic Sector as a Whole: 2008-2014Silicon Valley Community Foundation: 10 Years of Innovation and Impact3

FUND LEVEL ANALYSIS AND GROWTHPERCENT OF ASSETS BY FUND TYPE 1.0 B30%51% 0.6 B9%2007Donor-Advised Funds10%Supporting OrganizationsUnrestricted FundsOtherTotal DAF AssetsTotal SO Assets 1.0 B83% 6.8 B12%2016SILICON VALLEY COMMUNITY FOUNDATION AMONG10 LARGEST INDEPENDENT FOUNDATIONS BY TOTAL GIVINGFoundationBill & Melinda Gates FoundationTotal GivingAssets 5.5 B 40.4 B 825 M 7.3 BThe Ford Foundation 512 M 12.2 BLilly Endowment Inc. 440 M 11.8 BThe William and Flora Hewlett Foundation 354 M 9.0 BThe Robert Wood Johnson Foundation 318 M 10.3 BGordon and Betty Moore Foundation 291 M 6.4 BW.K. Kellogg Foundation 268 M 8.4 BThe David and Lucile Packard Foundation 268 M 7.0 BThe John D. and Catherine T. MacArthur 257 M 6.2 BBloomberg Philanthropies (2014) 149 M 6.6 BSilicon Valley Community FoundationData for all foundations from 2015 unless otherwise noted.4Foundation Center, 2017COMPOUND ANNUAL GROWTH RATEOperating Expenses5%5%Operating Revenues2%3%

TRANSFORMATIONAL GIFTS IN SUPPORTOF TRANSFORMATIONAL WORKWhen Mark Zuckerberg and PriscillaChan signed onto the Giving Pledge, acampaign launched by Bill and MelindaGates and Warren Buffet to encouragethe nation’s wealthiest families todonate a majority of their wealth in support of charitablecauses in 20101, it was known that, among other issues,they shared education as a central focus with SiliconValley Community Foundation. It was earlier in theyear when Zuckerberg committed 100 million to helpimprove the public school system in Newark, New Jerseythrough Startup:Education2, which would only be the firstof several impactful endeavors on which he and SVCFwould embark together. In 2012, Zuckerberg and Chanwould pledge 500 million to support projects relatedto education and health3. In 2013, a nearly 1 billiondonation would be the second transformational gift fromthe Facebook founder in as many years4.Because SVCF has demonstrated its ability to act as aninnovative philanthropic leader, other innovators in thetechnological sector would follow suit by partneringwith the community foundation to open donor-advisedfunds of their own. Nick Woodman, founder of high-techcamera maker GoPro, donated nearly 500 million worthof company stock in 20145, pushing the foundation’s assettotal beyond the 6 billion mark, while co-founder of themobile-messaging company WhatsApp, Jan Koum, alsodonated over 500 million6.Through continual growth and the acquisition ofthese transformational gifts, SVCF was afforded theflexibility to explore innovative philanthropic endeavorsbeyond traditional grantmaking. These unique effortsinclude the vetting of international nonprofits that aredoing transformational work of their own, a greater abilityto accept and utilize non-cash gifts, and the planningand convening of their first Innovation Conference,the purpose of which was to start a conversationabout the foundation field’s role in a world ofever-changing technology.These innovative efforts are undertaken while SVCFcontinues the expansion of their grantmaking, whichexceeded 1 billion in 2016 and is the highest total inthe field.ADDRESSING MATH MISPLACEMENTIn 2015, Silicon Valley Community Foundationsponsored state legislation for the firsttime with the aim of addressing mathmisplacement, which occurs when studentsare held back in math despite grades and test scoresindicating that they should advance to the next course.Math misplacement produces a significant academicroadblock for students looking to complete thenecessary courses to be competitive California collegeand university applicants.SVCF took the lead to address math misplacement bysponsoring SB 359, ensuring that all California schooldistricts adopt fair, transparent math placementpolicies that take multiple objective measures intoconsideration. Accurate placement is critical in preparingstudents for a college track and/or career readinessin the fields of science, technology, engineering, andmathematics (STEM).Visit bit.ly/2mKIfFF to learn more.THE BIG LIFTAn effort to improve children’s literacyin San Mateo County, the Big Lift wasmade possible by a 7.5 million SocialInnovation Fund (SIF) grant in 2014 fromthe Corporation for National and Community Service(CNCS), and a 15 million Measure A grant from SanMateo County. Over the following three years, with thehelp of the SIF and Measure A grants, The Big Lift aimsto address the troubling reality that in San MateoCounty—one of the nation’s most affluent regions—50 percent of third graders are not reading at gradelevel. The figure rises to a shocking 73 percent of Latino,African-American, and Pacific Islander third graders. TheBig Lift will integrate high-quality learning experiencesfrom preschool to third grade, focus on reducing chronicabsence and summer learning loss, and engage parentsand the broader community to support learning inschool and at home. The Big Lift is led by SVCF, the SanMateo County Office of Education, the San Mateo CountyBoard of Supervisors, and a network of other fundersand service providers.Visit thebiglift.org and bit.ly/2ly2mF2 to learn moreabout SVCF's efforts in support of education.Silicon Valley Community Foundation: 10 Years of Innovation and Impact5

10 YEARS OF GRANTMAKING ACTIVITYGRANTMAKING BY SUBJECT AREA, 2007–2016Education29% / 1.3 BHealth22% / 962 MPhilanthropy and Nonprofit Management11% / 490 MEnvironment and Animals6% / 255 MHuman Services5% / 241 MArts and Culture5% / 217 MScience and Engineering4% / 169 MCommunity and Economic Development4% / 160 MInternational Relations3% / 133 MInformation and Communications3% / 119 MPublic Safety1% / 64 MPublic Affairs1% / 63 MHuman Rights1% / 63 MAgriculture, Fishing, and Forestry1% / 54 MReligion1% / 51 MSports and Recreation1% / 42 MSocial Sciences 1% / 17 MBased on grants for which subject area information is available.EDUCATION CRITICAL TO SILICON VALLEY'S PROSPERITYBoosting STEM education is seen asa critical component to long-termregional economic health. In 2016,the Silicon Valley Competitivenessand Innovation Project, a joint effort between SVCF and theSilicon Valley Leadership Group, analyzed 22 innovationeconomy indicators in tech-heavy regions across thecountry, finding that 25 percent of all jobs in the SiliconValley region were in innovation industries, while thenumber of STEM degrees is growing more slowly than in6Foundation Center, 2017other parts of the country. To reinforce the region’scompetitive advantages in innovation, the reportrecommends policy changes which include the supportof STEM and high-quality pre-K education, R&D, theimmigration of high-skill individuals, and improvingregional housing and transportation infrastructure.Visit svcip.com to learn more about the Silicon ValleyCompetitiveness and Innovation Project.

PARENT STORY PROJECT: PERSPECTIVES ON RAISING CHILDREN IN SILICON VALLEYTo ensure that resources to supportfamilies are being directed in an effectivemanner, the first-ever regional studyinvestigating the experiences of parentsto young child in San Mateo and Santa Clara counties waslaunched in 2013. While Silicon Valley parents with childrenages 8 and younger were found to frequently engage inpractices conducive to their child’s development and themajority of them experience a sense of family harmony,several issues do arise for many in the region, includingdepression and economic hardships.The Parent Story Project provides a better understandingof the early learning landscape, the region's mostchallenging problems, and most importantly, theopportunities with the most potential to affect the livesof Silicon Valley's youngest children and their families.It was this effort that made it possible to better ensurethat they have access to critical resources.To see more about the Parent Story Project, t.CHANGE IN GRANTMAKING BY.TOP 5 SUBJECT AREAS20072016TOP 3 POPULATION GROUPS20072016 43 M 25 M 554 M 43 M 334 M 42 M 333 MHealthEducation 17 M 14 M 104 M 2 MPhilanthropy andNonprofit Management 302 MChildren and Youth 62 MEconomically DisadvantagedPeople 169 MInformation andCommunicationsEthnic/Racial Minorities 13 M 52 MTOP 3 SUPPORT STRATEGIESEnvironmentand Animals 78 M 278 M2007 16 M2016 88 M 20 M 85 MFinancial SustainabilityProgram DevelopmentPolicy, Advocacy, andSystems ReformTop 5 Subject Areas are defined as those toward which the most grant dollars were given in 2016. Top 3 Population Groups are based on grants for which population served is available.Top 3 Support Strategies are ased on grants for which support strategy information is available.Silicon Valley Community Foundation: 10 Years of Innovation and Impact7