2024-10-31T10:12:42+00:00 2023-12-31 350921680 Crowe LLP 5810 Tennyson Parkway Suite 450 Plano TX 750244112 990 2023-01-01 800091312 The Sobrato Foundation SOBR 6504505400 444 Castro Street 140 Mountain View CA 94041 John A Sobrato President 2024-10-31 true Amy Bellanca P01572961 2147775200 2024-10-31 2023 2024-10-15 13:58:12Z John A Sobrato 444 Castro Street 140 Mountain View CA 94041 21044152 false X N/A X 2004 CA THE SOBRATO FOUNDATION SUPPORTS NONPROFITS AND SOCIAL IMPACT ORGANIZATIONS SERVING AT-RISK AND VULNERABLE MEMBERS OF OUR COMMUNITY. THE FOUNDATION ALSO MAKES INVESTMENTS TO SUPPORT PHILANTHROPIC ACTIVITIES RECOMMENDED BY INDIVIDUAL SOBRATO FAMILY MEMBERS. 3 2 0 3 0 0 7965308 0 2129678 2144863 1558984 646551 0 0 11653970 2791414 13755000 10680000 0 0 0 0 0 0 7679039 7549572 21434039 18229572 -9780069 -15438158 142743263 126077732 5864248 4192549 136879015 121885183 The Sobrato Foundation supports nonprofits and social impact organizations serving at-risk and vulnerable members of our community. The Foundation also makes investments to support philanthropic activities recommended by individual Sobrato family members. false false 10990990 10605000 0 Environment: Organizations whose primary purpose is to preserve, protect, and improve the environment. 7033671 75000 2144863 General Nonprofit Support: Support for local philanthropic and community based organizations 18024661 true false false false false false false false false true true false false true true false true false false true true false false false false false true false true false false false false false false false false false false false false false true false false false true 9 0 true 0 false false false false false false false false false false false false X 3 2 false true false false false true false true false false false true true true true true true false false false CA X Elizabeth A Carey 6504505400 444 Castro Street 140 Mountain View CA 94041 John A Sobrato President 0.5 0.5 X X 0 0 0 Nicole Taylor Treasurer/CEO of SVCF 0.5 41.5 X X 0 1110573 86617 Caretha Coleman Director 0.5 0 X 0 0 0 D Valentine Interim Secretary 0.5 0 X 0 0 0 0 1110573 86617 0 false true false 0 0 RENTAL INCOME 531120 2144863 2144863 0 0 0 0 2144863 403163 403163 0 0 18496126 0 18068561 184177 427565 -184177 243388 243388 0 0 0 0 0 2791414 2144863 0 646551 6900000 6900000 3780000 3780000 301450 150725 150725 2239 2239 7875 7875 24133 24133 0 0 0 0 219 219 4666335 4666335 2289606 2289606 19539 19539 Bad Debt Expense 237776 237776 Bank, Credit Card & Filing Fees 400 400 0 0 0 0 18229572 18024661 204911 0 922802 4086226 0 349 0 0 0 0 77354 83900 133086856 19057353 116342430 114029503 25400677 7843425 0 0 34329 142743263 126077732 260320 141880 5318256 3711250 0 110097 0 0 285672 229322 5864248 4192549 X 136879015 121885183 136879015 121885183 142743263 126077732 X -15438158 566670 -122344 X false true X true false X X 1 SILICON VALLEY COMMUNITY FOUNDATION 205205488 7 true 75000 0 1 75000 0 true false false false false false false false false false false false false false false true false 67642556 67642556 51282891 13097063 38185828 10520469 3967386 6553083 3193000 1807928 1385072 447940 184976 262964 114029503 SVCF SHORT TERM POOL 7840775 F NORTHERN TRUST EQUITY ESG POOL 2650 F 7843425 SECURITY DEPOSITS 229322 229322 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES ARE TAX-EXEMPT ORGANIZATIONS AND ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME, IN ACCORDANCE WITH SECTION 501(A) OF THE INTERNAL REVENUE CODE. IN ADDITION, SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1) (A) OF THE INTERNAL REVENUE CODE AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. UNRELATED BUSINESS INCOME TAX, IF ANY, IS IMMATERIAL AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENT. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES DO NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES FILE INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL, CALIFORNIA, AND OTHER STATES JURISDICTIONS. true North America (Canada & Mexico only) 0 0 Grantmaking 1500000 Europe (Including Iceland and Greenland) 0 0 Grantmaking 2280000 0 0 0 0 0 0 3780000 0 3780000 North America (Canada & Mexico only) Environment 750000 Electronic Funds Transfer 0 N/A N/A North America (Canada & Mexico only) Environment 750000 Electronic Funds Transfer 0 N/A N/A Europe (Including Iceland and Greenland) Environment 780000 Electronic Funds Transfer 0 N/A N/A Europe (Including Iceland and Greenland) Environment 1500000 Electronic Funds Transfer 0 N/A N/A 0 4 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds International organizations must be pre-determined to be equivalent to domestic 501(c)(3) organizations or follow the expenditure responsibility process for the community foundation to consider them eligible to receive grants. By accepting the grant, grantees must agree to the following stipulations: -All grant funds and income earned on those funds, must be spent only for charitable, religious, scientific, literary or educational purposes. -Individuals connected with the grant recommendation will receive no benefits, goods or services in exchange for the grant. - The grant will not be used to satisfy the payment of a pre-existing pledge or other financial obligation. -The grant will be used solely for the purpose specified in the grant agreement and is not for the personal benefit of an individual. - Any funds not used for the purposed specified in the grant agreement will be returned to the foundation. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual true Center for Planning Excellence Inc 757 Main Street Baton Rouge LA 70802 203827040 501(C)(3) 300000 0 N/A N/A Environment Rockefeller Philanthropy Advisors Inc 90 Church St Fl 1 7082 New York NY 10008 133615533 501(C)(3) 500000 0 N/A N/A Environment Ceres Inc 99 Chauncy St 6th Fl Boston MA 02111 223053747 501(C)(3) 350000 0 N/A N/A Environment Windward Fund 1828 L St NW Ste 300-C Washington DC 20036 473522162 501(C)(3) 1125000 0 N/A N/A Environment Rockefeller Family Fund Inc 475 Riverside Dr Ste 900 New York NY 10115 136257658 501(C)(3) 1500000 0 N/A N/A Environment Rainforest Action Network 425 Bush St Ste 300 San Francisco CA 94108 943045180 501(C)(3) 1000000 0 N/A N/A Environment Environmental Defense Fund Inc 1875 Connecticut Ave NW Ste 600 Washington DC 20009 116107128 501(C)(3) 350000 0 N/A N/A Environment Texas Campaign for the Environment Fund PO Box 42278 Austin TX 78704 742808805 501(C)(3) 350000 0 N/A N/A Environment Nia Tero Foundation 501 Et Pine St Ste 300 Seattle WA 98122 821949563 501(C)(3) 500000 0 N/A N/A Environment Partnership Project Inc PO Box 65826 Washington DC 20035 522192070 501(C)(3) 175000 0 N/A N/A Environment Oceana Inc 1025 Connecticut Avenue NW Suite 200 Washington DC 20036 510401308 501(C)(3) 500000 0 N/A N/A Environment Earthworks 1612 K Street NW Suite 904 Washington DC 20006 521557765 501(C)(3) 175000 0 N/A N/A Environment Silicon Valley Community Foundation 444 Castro Street Suite 140 Mountain View CA 94041 205205488 501(C)(3) 75000 0 N/A N/A General Nonprofit Support 13 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. BY ACCEPTING THE GRANT, GRANTEES MUST AGREE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS, AND INCOME EARNED ON THOSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION - THE GRANT WILL BE USED SOLELY FOR THE PURPOSES SPECIFIED IN THE GRANT AWARD LETTER AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE AWARD LETTER WILL BE RETURNED TO THE ORGANIZATION - SOME GRANTEES MAY RECEIVE A FORMAL GRANT AGREEMENT, DEPENDING ON THE SIZE AND COMPLEXITY OF THE GRANT AND MUST SIGN A GRANT AGREEMENT THAT STIPULATES THAT THE GRANTEE WILL SEND TO THE COMMUNITY FOUNDATION A REPORT ON THE USE OF THE GRANTED FUNDS ONE YEAR FOLLOWING THE RECEIPT OF THE GRANT. false false false false false false false false false Nicole Taylor Treasurer/CEO of SVCF 0 983726 0 34407 0 92440 0 55500 0 31117 0 1197190 0 0 Schedule J, Part II REPORTED SALARIES THIS SECTION INCLUDES SALARIES OF SILICON VALLEY COMMUNITY FOUNDATION EXECUTIVES WHO ARE BOARD MEMBERS OF THE SOBRATO FOUNDATION. THESE SALARIES ARE NOT PAID BY THE SOBRATO FOUNDATION, AND ARE ONLY LISTED BECAUSE SILICON VALLY COMMUNITY FOUNDATION IS A RELATED ORGANIZATION. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE SOBRATO FOUNDATION HAS NO EMPLOYEES. THE COMPENSATION OF THE EMPLOYEES OF THE SILICON VALLEY COMMUNITY FOUNDATION IS SUBJECT TO THE NORMAL REVIEW AND APPROVAL PROCESS OF THE COMMUNITY FOUNDATION. Form 990, Part VI, Line 3 Delegation of management duties THE EMPLOYEES OF THE SOBRATO FAMILY FOUNDATION MANAGE DAY TO DAY OPERATIONS OF THE SOBRATO FOUNDATION. THE SOBRATO FAMILY FOUNDATION WAS NOT REIMBURSED FOR THESE SERVICES. THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, OVERSEE THE GOVERNANCE OF THE SOBRATO FOUNDATION, AND ARE REIMBURSED FOR THESE SERVICES. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THERE ARE TWO CLASSES OF DIRECTORS KNOWN AS THE SVCF CLASS DIRECTORS AND THE DONOR CLASS DIRECTORS. THE SVCF CLASS DIRECTORS ARE APPOINTED BY SILICON VALLEY COMMUNITY FOUNDATION, SO LONG AS SVCF IS (A) EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED; (B) CLASSIFIED AS A PUBLIC CHARITY UNDER IRC SECTION 509(A)(1); AND (C) NAMED AS THIS CORPORATION'S SUPPORTED ORGANIZATION IN ARTICLE II.B OF THIS CORPORATION'S ARTICLES OF INCORPORATION. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body There are no other committees than the governing board. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PLACED ON A SECURED WEB SITE OR SENT BY EMAIL FOR THE GOVERNING BODY TO REVIEW AND COMMENT ON. REVIEW IS VERIFIED BY EMAIL. Form 990, Part VI, Line 12c Conflict of interest policy In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the General Counsel, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement. Form 990, Part VI, Line 19 Required documents available to the public THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS CAN BE REVIEWED IN THE OFFICE OR PROVIDED ELECTRONICALLY VIA AN EMAILED LINK TO THE DOCUMENT IN BOX, A SECURE ONLINE CONTENT MANAGEMENT SYSTEM, UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Present Value Adjustments for Grants - -122344; SILICON VALLEY COMMUNITY FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 205205488 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) 7 NA false THE DIRK AND CHARLENE KABCENELL FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 721563142 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE REAL ESTATE TRUST 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 043701887 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SKOLL FUND 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770528216 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE CHONG-MOON LEE FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770414442 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false INTERVALIEN FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 900899545 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false NEUBAUER FAMILY CHARITABLE TRUST 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 813609752 GRANTS & COMMUNITY LEADERSHIP PA 501(c)(3) Type I SVCF false DRISCOLL FAMILY FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 770430921 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SHUCHMAN LESSER FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 820637263 GRANTS & COMMUNITY LEADERSHIP DE 501(c)(3) Type I SVCF false DESTINATION HOME SV 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 823353174 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false K18N FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 873826691 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false BIOME GLOBAL FOUNDATION 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 874110945 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false LL GREEN FROM GARBAGE 444 CASTRO STREET 140 MOUNTAIN VIEW CA 94041 923258530 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false ICONIQ ACCESS XLI LP 50 BEALE ST STE 2300 San Francisco CA 94105 473148077 Investment CA NA N/A ICONIQ DC FUND I FEEDER (TE) LP 50 BEALE ST STE 2300 San Francisco CA 94105 813354580 Investment CA NA N/A ICQ CPE 2018 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 822693176 Investment CA NA N/A ICQ CPE 2019 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 831825403 Investment CA NA N/A ICQ CPE I-B LP 50 BEALE ST STE 2300 San Francisco CA 94105 812686821 Investment CA NA N/A ICQ CVC 2019 B LP 50 BEALE ST STE 2300 San Francisco CA 94105 831864397 Investment CA NA N/A Nydig Institutional Bitcoin Fund Lp ONE VANDERBILT AVE 65TH FL NEW YORK NY 10017 611900380 Investment DE NA N/A Clearlake Opportunities Partners (E-Offshore) LP 233 Wilshire Blvd Suite 800 Santa Monica CA 90401 352533262 Investment CJ NA C Corporation false Farallon Co-Investment Feeder Fund LP ONE MARITIME PLAZA STE 2100 SAN FRANCISCO CA 94111 981661128 Investment CJ NA C Corporation false false true false false false false false false false false false false true false false false false false false