The Silicon Valley Bank Foundation
The Silicon Valley Bank Foundation is a private, corporate foundation based in Raleigh, North Carolina. Established in 1996, it operates as a 501(c)(3) tax-exempt organization with a volunteer board of directors. The foundation manages substantial assets and distributes grants to nonprofit organizations across multiple states and internationally.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.6M
+4.8% YoY
Revenue
$661K
+20.6% YoY
Qualifying Distributions
$24K
-97.1% YoY
Expenses
$85K
-90.1% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community development and support for underprivileged populations
Grantmaking
The foundation does not accept unsolicited applications. Grants are awarded by invitation only.
Grant Range
$88,000 to $500,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation supports a wide range of geographic areas across the United States and internationally, including major cities such as New York, San Francisco, and London. States served include Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Minnesota, North Carolina, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Vermont, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $12,629,526
- Total revenues: $660,967
- Total expenses: $85,488
Assets & Revenue (2023):
- Total assets: $12.1 million
- Total revenues: $548,000
- Total expenses: $867,000
Giving Rate: Approximately 6.5% of assets distributed annually.
Liabilities: Minimal liabilities of $3,500 (as of 2023).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,629,526 | $12,055,356 | $12,571,138 |
| Revenue | $660,967 | $548,280 | $2,141,503 |
| Expenses | $85,488 | $867,311 | $6,155,937 |
| Qualifying Distributions | $24,000 | $824,597 | $6,299,643 |
| Net Investment Income | $606,334 | $509,183 | $129,243 |
| Distributable Amount | $958,772 | $569,067 | $677,007 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
114 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members & Officers (as of 2022):
- Jim Hori — President/Chair
- Alicia Koht-Phipps — Treasurer/CFO
- Ann Fong — Secretary
- Ajay Kattel — Audit Committee Chairperson
- Andrew Moiseyev — Admin Assistant
- Directors: Carrie Merritt, Jeff Strawn, Brenda Santoro, Dan Allred, Craig Robinson, Joan Parsons, Karen Roses, Annette Asano, Courtney Karnes
All board members and officers serve on a volunteer basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Henry O Dunbar Jr | Director | 5 | — |
| Jason Kwok | Director | 5 | — |
| Carrie Merritt | Director | 5 | — |
| Charles Nilsen | Director | 5 | — |
| Joan Parsons | Director | 5 | — |
| Brenda Santoro | Director | 5 | — |
| Jeffrey Strawn | Director | 5 | — |
| Henry O Dunbar Jr | President | 25 | — |
| Nancy Baker | Chief Operating Officer | 3 | — |
| Jacqueline Vose | Treasurer | 3 | — |
| Jason Kwok | Secretary | 3 | — |
Recent News & Activity
Recent developments and announcements
The foundation has awarded grants supporting STEM education and financial assistance programs, including grants to First Tee - Silicon Valley for STEM and financial assistance initiatives. The foundation continues to support nonprofits focused on housing, entrepreneurship, and community services.
Silicon Valley Community\u2026 | Silicon Valley Community FoundationSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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