Silicon Valley Community Foundation granted more than $3 billion to Bay Area nonprofits in 2023
● $3.1 billion supported organizations in the 10 Bay Area Counties, $186 million of which supported nonprofits in SVCF’s two core counties -- San Mateo County and Santa Clara County
- Mountain View, CA, March 29, 2024 (GLOBE NEWSWIRE) -- According to preliminary calculations, Silicon Valley Community Foundation (SVCF) distributed $3.1 billion in grants directly to nonprofits in the Bay Area in 2023, more than any other entity in the state of California.
- In total, SVCF granted $4.58 billion to more than 5,500 nonprofits and community organizations worldwide.
- “I’m always impressed at our donors’ generosity but what they gave in 2023 went beyond anything I had imagined,” said Nicole Taylor, President and CEO of Silicon Valley Community Foundation.
- In Santa Clara County, Second Harvest of Silicon Valley was one of the top recipients of SVCF grants in 2023.