2025-02-19T08:15:30-08:00 2024-06-30 262363334 PROPP CHRISTENSEN CANIGLIA LLP 9261 Sierra College Boulevard Roseville CA 95661 990 2023-07-01 510644783 SILICON VALLEY SOCIAL VENTURE FUND - SV2 SILI 6505268171 350 TWIN DOLPHIN DRIVE SUITE 103 REDWOOD CITY CA 94065 KWOK LAU BOARD CHAIR 2025-02-19 true true K JEFFREY DE LYSER CPA P00022269 9167512900 2023 2025-03-06 01:10:19Z KWOK LAU 350 TWIN DOLPHIN DRIVE SUITE 103 REDWOOD CITY CA 94065 2302327 false X WWW.SV2.ORG X 2007 CA TO UNLEASH THE RESOURCES AND TALENTS OF THE SILICON VALLEY COMMUNITY TO ACHIEVE MEANINGFUL SOCIAL IMPACT. 19 19 5 60 0 1691802 2101791 60000 37328 99384 23768 27869 1752898 2289044 991325 592992 0 758264 820096 0 73067 385881 300898 2135470 1713986 -382572 575058 2066657 2391900 713759 462400 1352898 1929500 X Silicon Valley Social Venture Funds (SV2) mission is to unleash the talents and resources of the Silicon Valley community to achieve meaningful social impact. SV2 works to build the organizational capacity of our Nonprofit Grantees and Impact Investees and the philanthropic capacity of our donors (called Partners). SV2 does this through engaged Grantmaking, Impact Investing, and Immersive Learning Sessions in a number of issue areas with funds contributed by our Donor Partners. false false 902227 592992 Experiential Grantmaking & Impact Investing:SV2 Partners pool their charitable contributions and then work together to identify and select high-potential Grantees and Impact Investees from among local nonprofits and early-stage companies with a social or environmental impact mission. Grantees and Investees receive unrestricted funding in order to scale their ability to achieve their missions and contribute to a Bay Area and world where everyone thrives. In 2023-24, SV2 made four multi-year, general operating support grants to Bay Area nonprofits. Two of these grants were to nonprofits focused on mental health and wellbeing, and two of these grants were to nonprofits focused on using technology for social good. SV2 also conducted its ninth year of impact investing, in which Partners performed due diligence and recommended six mission-driven companies in which SV2 made investments. Data suggests that, as a result of their engagement in SV2 programming, 96% of Partners increased their level of knowledge about local community needs and solutions, 82% of Partners felt an increase in ability to conduct effective due diligence on social impact organizations, and 78% of Partners experienced increased confidence in practicing effective giving. 353352 60000 LEARNING PROGRAMS: PARTNER PHILANTHROPY EDUCATION AND GRANTEE LEARNING:IN ADDITION TO LEARNING-ORIENTED GRANT ROUNDS, SV2 HOSTS REGULAR LEARNING EVENTS AT WHICH PARTNERS AND GRANTEES/IMPACT INVESTEES BUILD KNOWLEDGE AND SKILLS FOR WORKING IN THE SOCIAL IMPACT SPACE. THEY HEAR FROM SOCIAL SECTOR AND COMMUNITY LEADERS WHO SHARE THEIR EXPERIENCES AND LESSONS LEARNED. IN-DEPTH WORKSHOPS AND IMMERSIVE LEARNING TRIPS PROVIDE NEW SKILLS, UNDERSTANDING OF LOCAL ISSUES, AND OPPORTUNITIES FOR SV2 COMMUNITY MEMBERS TO CONNECT WITH AND LEARN FROM ONE ANOTHER. ALL PARTNERS AND GRANTEES/INVESTEES ARE INVITED TO PARTICIPATE. 119070 Innovation and R&D:SV2 extends its impact through field leadership (speaking, writing, social media), hosting major community-wide events, spearheading regular communications across our network, and building strategic partnerships with social impact-focused organizations. 1374649 true true false false false false false false false false true false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 13 0 false 5 true false false false false false false false 0 false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false CA X ANNE JOSEPHINE CHANG 4087687148 350 TWIN DOLPHIN DR STE 103 REDWOOD CITY CA 94065 DAVID ONEK CEO 40.00 0.00 X 224700 0 0 ANNE J CHANG 85 FTE COO 34.00 0.00 X 122718 0 17348 AMY BADIANI DIR COMM ENGAGEMNT 40.00 0.00 116987 0 6164 ALISON ELLIOTT Director 3.00 0.00 X 0 0 0 CINDY LANG Director 3.00 0.00 X 0 0 0 LINDA PRIETO Director 3.00 0.00 X 0 0 0 LAURA ARRILLAGA-ANDREESSEN FOUNDER 3.00 0.00 X 0 0 0 GATANYA ARNIC Director 3.00 0.00 X 0 0 0 KERA JEWETT Director 3.00 0.00 X 0 0 0 JENNIFER MIN Director 3.00 0.00 X 0 0 0 KELLY POPE Director 3.00 0.00 X 0 0 0 DAVID DILL Director 3.00 0.00 X 0 0 0 LISA GUERRA Director 3.00 0.00 X 0 0 0 NANCY HEINEN Director 3.00 0.00 X 0 0 0 ZELICA RODRIGUEZ-DEAMS Director 3.00 0.00 X 0 0 0 REKHA PAI KAMATH Director 3.00 0.00 X 0 0 0 RACHEL KLAUSNER Secretary 3.00 0.00 X X 0 0 0 ROLLAND JANAIRO Director 3.00 0.00 X 0 0 0 KWOK LAU CHAIR 3.00 0.00 X X 0 0 0 CLARA ROA Director 3.00 0.00 X 0 0 0 PAUL WORK Treasurer 3.00 0.00 X X 0 0 0 GRACE MAH Director 3.00 0.00 X 0 0 0 464405 23512 3 false true false 0 2101791 21299 2101791 CALIFORNIA EQUITY JOURNEY 900099 60000 60000 60000 99331 99331 0 0 0 13336 13283 53 53 53 0 0 0 MISCELLANEOUS 900099 27869 27869 27869 2289044 60000 127253 592992 592992 0 0 0 364766 258984 83896 21886 0 347813 241692 69777 36344 0 58242 41460 13816 2966 49275 34483 10740 4052 0 0 0 0 0 0 79774 29316 50458 0 0 0 0 40342 39209 693 440 20337 12615 6111 1611 0 0 0 0 0 7842 6980 784 78 PROGRAM EXPENSES 112009 102949 9060 SUPPLIES 20399 5113 9975 5311 DUES AND SUBSCRIPTIONS 8150 4613 3221 316 TELEPHONE AND INTERNET 5093 2614 2416 63 6952 1629 5323 1713986 1374649 266270 73067 1024690 1501351 0 60000 0 0 0 0 0 12535 14981 67722 67722 0 1029432 807221 0 0 0 8347 2066657 2391900 76821 34102 571000 352000 65938 76298 713759 462400 X 1152898 1794500 200000 135000 1352898 1929500 2066657 2391900 575058 -855 2399 X false true X true false X 1562714 1554777 1695264 1691802 2101791 8606348 0 0 1562714 1554777 1695264 1691802 2101791 8606348 146995 8459353 36016 20872 12798 40463 99331 209480 0 4302 7335 21144 23768 27869 84418 8900246 0.95050 0.97520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30022 30022 37700 37700 ACCRUED PAYROLL 14318 ACCRUED VACATION 56112 FINANCE LEASE OBLIGATIONS 5868 76298 2562232 -855 274043 273188 2289044 2289044 1988029 274043 274043 1713986 1713986 true AMBITION ANGELS 1265 BEECH ST E PALO ALTO CA 94303 872513010 90000 0 GENERAL OPERATING SUPPORT AYUDANDO LATINOS A SONAR PO BOX 961 GRANADA CA 94018 462646722 90000 0 GENERAL OPERATING SUPPORT FRIENDS FOR YOUTH INC 3460 W BAYSHORE RD STE 203 PALO ALTO CA 94303 942961034 90000 0 GENERAL OPERATING SUPPORT GRANTS LESS THAN 5000 EACH 350 TWIN DOLPHIN DRIVE SUITE REDWOOD CITY CA 94065 32992 0 GENERAL OPERATING SUPPORT IMPACTASSETS 7135 WISCONSIN AVE STE 1000W BETHESDA MD 20814 262048480 200000 0 SUPPORT SOCIAL VENTURES TARJIMLY INC 40 ROYAL OAK CT MOUNTAIN VIEW CA 94040 831030107 90000 0 GENERAL OPERATING SUPPORT 5 1 Grantmaker's Description of How Grants are Used PART I, LINE 2 - THE ORGANIZATION REQUIRES ANNUAL GRANT REPORTS FROM ALL MULTI-YEAR GRANTEES. IN ADDITION, EACH GRANTEE IS PAIRED WITH ONE OR TWO PARTNER CHAMPION(S) WHO TOGETHER WITH A STAFF MEMBER, MEET WITH GRANTEES MULTIPLE TIMES A YEAR TO DISCUSS ORGANIZATIONAL GROWTH AND ACCOMPLISHMENTS, ALONG WITH ANY FURTHER NEEDS FROM SV2. THE GRANTMAKING AND IMPACT INVESTMENT REVIEW COMMITTEE OF THE BOARD REVIEWS THE GRANT REPORTS EACH YEAR BEFORE FUNDING IS CONTINUED TO ENSURE THAT GRANTS ARE BEING USED FOR PROPER PURPOSES. true X false false false true false false false false false DAVID ONEK CEO 224700 224700 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Innovation and R&D:SV2 extends its impact through field leadership (speaking, writing, social media), hosting major community-wide events, spearheading regular communications across our network, and building strategic partnerships with social impact-focused organizations. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND A DRAFT IS SENT TO THE ORGANIZATION FOR REVIEW AND EXAMINATION BY THE CHIEF EXECUTIVE OFFICER AND BOARD FOR THEIR COMMENTS, QUESTIONS, AND SUGGESTED CHANGES. ONCE FINAL REVISIONS HAVE BEEN INCORPORATED AND MADE BY THE ACCOUNTING FIRM, the final draft is reviewed and approved by the finance committee. AN AUTHORIZATION IS PASSED FOR THE ACCOUNTING FIRM TO PROCESS, SIGN AND PROVIDE COPIES OF THE RETURNS TO THE DESIGNATED GOVERNMENTAL AGENCIES. A FINAL TAX RETURN COPY IS FORWARDED TO ALL BOARD MEMBERS. Form 990, Part VI, Section B, Line 12c THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS THAT the Board reviews, fills out, and signs the Annual Disclosure Questionnaire form annually. The Nominating and Governance Chair reviews to ensure compliance. Form 990, Part VI, Section B, Line 15a NO DIRECTORS ARE COMPENSATED FOR THEIR SERVICES AS DIRECTORS. THE SALARY OF THE CHIEF EXECUTIVE OFFICER IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD (WHICH ALSO SERVES IN THE ROLE OF COMPENSATION COMMITTEE). THE EXECUTIVE COMMITTEE BENCHMARKS AGAINST A VARIETY OF EXTERNAL SOURCES AND REPORTS THAT HAVE DATA ON SALARY RANGES FOR SIMILAR NONPROFITS POSTED IN THE BAY AREA. Form 990, Part VI, Section B, Line 15b Team compensation is set by looking at a variety of external sources, both benchmarks when they are available as well as the salary ranges for similar nonprofit positions posted in the Bay Area. Form 990, Part VI, Section C, Line 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.