Silicon Valley Community Foundation

EIN 205205488 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

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DAF assets
$7.48B
at fiscal year end
Grants out
$4.89B
from DAF accounts
Contributions in
$1.11B
received into DAFs
Payout rate
65.4%
median is 12.5%
Accounts
1,031
funds held at year end
Average account
$7.3M
assets per fund

At 65.4%, this sponsor moved more than half its year-end balance out the door in a single year — roughly 5 times the 12.5% median, and among the most active sponsors of any size.

DAF assets by year

$8.13B
FY2019
$9.58B
FY2020
$12.75B
FY2021
$9.39B
FY2022
$7.48B
FY2023

Grants paid by year

$1.36B
FY2019
$2.54B
FY2020
$2.46B
FY2021
$3.94B
FY2022
$4.89B
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 16,684 grant lines totalling $13.19B across 2019–2024 — $790K per line.

$2.04B of this sponsor’s grants went to other DAF sponsors — 15% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Further Future FoundationEIN 921117448 CA$1.31B
Fidelity Charitable Gift Fund runs a DAF programEIN 110303001 OH$1.17B
CZ Institute for Advanced Biological Imaging LLCEIN 882242512 CA$586.0M
CZ Biohub SF LLCEIN 882010111 CA$576.0M
Center For Tech And Civic LifeEIN 472158694 IL$330.9M
Parker Institute for Cancer ImmunotherapyEIN 473355381 CA$259.3M
CZ Biohub New York LLCEIN 931478843 CA$248.0M
CZ Biohub Chicago LLCEIN 922259616 CA$246.5M
New Venture FundEIN 205806345 DC$158.5M
The Just Trust for EducationEIN 883436668 NC$131.6M
Evidence Action IncEIN 900874591 DC$129.8M
American Online Giving Foundation Inc runs a DAF programEIN 810739440 FL$126.7M
Greater Kansas City Community Foundation runs a DAF programEIN 431152398 MO$107.9M
The Chicago Community Trust runs a DAF programEIN 362167000 IL$100.9M
Schwab Charitable Fund runs a DAF programEIN 311640316 FL$98.8M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.