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CREATE A CHARITABLE FUND
Silicon Valley Community Foundation offers a range of charitable fund types,
allowing you to choose the vehicle best suited to you and your philanthropic goals.
Read on to learn about the range of fund types available through the community foundation.
To reach a member of our team, please complete this brief
inquiry form and we’ll get right back to you.
| Type of fund |
How it works |
Minimum start-up donation |
Assets you can donate |
| Donor Advised Fund |
A donor advised fund will make your charitable giving easier and more rewarding.
You make a donation to create the fund and receive an immediate tax deduction. Over time, you recommend
grants to the charitable causes you value most. We handle the due diligence, issue the checks and provide
staff assistance through a range of donor services. |
$10,000 |
Cash, public stock, restricted stock, real estate, limited partnerships,
tax deferred savings plans, private foundation payouts or dissolutions, and more. |
| Corporate Advised Fund |
Simplify charitable giving at your corporation or business. With a corporate
advised fund, your company recommends grants to charitable causes, while we handle the due diligence, issue the
checks and provide staff assistance through a range of corporate services. |
$25,000 |
Cash, public stock, restricted stock, real estate, limited partnerships and more. |
| Committee Fund |
A fund created by a group of people who pool their contributions towards a common
purpose and work together to make recommendations on its distributions to the community. |
$10,000 |
Cash, public stock, restricted stock, real estate, limited partnerships and more. |
| Community Endowment Fund |
Creating a community endowment fund is a way to support our community in perpetuity
and leave a personal legacy. You can rely on the community foundation’s expert staff to research and direct support
to the most critical community needs. |
$10,000 or more $50,000 allows you to name a permanent fund |
All of the above or through your will, trust or estate plan. |
| Field of Interest Fund |
A field of interest fund creates a resource to support the causes you care about
– such as the arts, education, health and human services or the environment – in perpetuity. Our
expert staff researches and directs support to the best nonprofit organizations providing innovative solutions to
serve our community within your assigned interest area for a set period of time or in perpetuity |
$10,000 |
All of the above or through your will, trust or estate plan. |
| Designated Fund |
A designated fund can support a specific charity for a set period of time
or in perpetuity, depending on your preference and level of investment. |
$10,000 |
All of the above or through your will, trust or estate plan. |
| Memorial Fund |
Essentially functioning like a donor advised fund, a memorial fund at Silicon
Valley Community Foundation offers a way for you to turn memorial gifts into a lasting legacy in your loved one’s name. |
$10,000 (6 months to reach minimum) |
Cash, public stock, restricted stock, real estate, limited partnerships,
tax deferred savings plans, private foundation payouts or dissolutions, and more. |
| Scholarship Fund: Foundation Managed |
Scholarships provide essential support to Bay Area students. With a foundation
managed scholarship fund, we administer the entire process, from creating and distributing applications to the
disbursement of funds. |
$250,000 |
All of the above, or through your will, trust or estate plan. |
| Scholarship Fund: Donor Involved |
With a donor involved scholarship fund, the donor oversees an external selection
committee that creates and distributes applications and selects recipients. |
$50,000 |
Cash, public stock, restricted stock, real estate, limited partnerships,
tax deferred savings plans, private foundation payouts or dissolutions, and more. |
| Supporting Organization |
Supporting organizations are an option for those with complex philanthropic
goals and the desire to create a corporate entity that will perpetuate the family legacy. A supporting organization’s
grants and activities must fulfill and support the charitable purposes of the community foundation, yet it has
its own board, investment policies, and charitable status with the IRS. |
$10 million |
All of the above, or through your will, trust or estate plan. |
| Nonprofit Endowment Fund |
Nonprofit organizations and their supporters can establish a permanent endowment
fund to support a charity in perpetuity. |
$25,000 |
Cash, stock, real estate and more. |
| Nonprofit Investment Fund |
Nonprofit organizations and their supporters can establish a cash reserve fund and
utilize the community foundation’s investment expertise to manage their assets. |
$100,000 |
Cash, stock, real estate and more. |
Silicon Valley Community Foundation is not engaged in rendering legal,
financial, or tax advice. Information in our publications and on our website is provided as a service to provide
general information about charitable giving. Many topics related to charitable giving have complexities and nuances
that cannot be adequately detailed in brief articles or announcements. Individuals’ personal situations may vary.
Please consult your financial or legal advisor. Performance data is based on past performance and is no guarantee of
future results. If you would like to report discrepancies with the information presented, please contact us at
info@siliconvalleycf.org.
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