Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
Skoll Fund Co Silicon Valley Community Foundation
990 • Fiscal year 2016 • EIN 77-0528216
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
2nd percentile
Higher top officer pay than 2% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Balance Sheet
Assets
Down$518,051,802
Down $13,758,063 (-2.6%) from 2015
Net Assets
Up$486,301,379
Up $2,963,606 (+0.6%) from 2015
Liabilities
Down$31,750,423
Down $16,721,669 (-34%) from 2015
Revenue And Expenses
Revenue
Down$22,285,366
Down $5,664,911 (-20%) from 2015
Expenses
Down$23,968,700
Down $48,132,626 (-67%) from 2015
Net Income
Up-$1,683,334
Up $42,467,715 (+96%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 12, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $198,429,433
Mission and Program Overview
Mission
See schedule o.the skoll fund is a supporting organization associated with silicon valley community foundation. Together with the skoll foundation, a private foundation, its mission is to drive large-scale change by investing in, connecting and celebrating social entrepreneurs and other innovators dedicated to solving the worlds most pressing problems.
Invest in and connect with social entrepreneurs to solve the world's most pressing problems.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $411,490,448 | $380,404,385 | ▼ $31,086,063 |
| Investments in Publicly Traded Securities | $118,789,313 | $134,740,178 | ▲ $15,950,865 |
| Savings and Temporary Cash Investments | $1,530,104 | $2,907,239 | ▲ $1,377,135 |
| Total Assets | $531,809,865 | $518,051,802 | ▼ $13,758,063 |
| Liabilities | |||
| Grants Payable | $48,460,949 | $31,749,944 | ▼ $16,711,005 |
| Accounts Payable and Accrued Expenses | $11,143 | $479 | ▼ $10,664 |
| Total Liabilities | $48,472,092 | $31,750,423 | ▼ $16,721,669 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $483,337,773 | $486,301,379 | ▲ $2,963,606 |
| Total Net Assets Fund Balance | $483,337,773 | $486,301,379 | ▲ $2,963,606 |
| Total Liabilities and Net Assets / Fund Balance | $531,809,865 | $518,051,802 | ▼ $13,758,063 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $48,170,546 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Jeffrey S Skoll | Chairperson |
| Sally Osberg | President |
| James GB Demartini III | Director |
| Kirk Hanson | Director |
| Larry Brilliant | Director |
| Peter Hero | Director |
| Edward Diener | Secretary |
| Richard Fahey | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| True Greencap Energy | Investment Management | 530 Lytton Ave Suite 303, Palo Alto, CA 94301, Uk | $538,512 |
| Sustainable Asset PD | Investment Management | 250 University Ave Suite 300, Palo Alto, CA 94301 | $475,186 |
| Libra Investment Group LP | Investment Management | 250 University Ave Suite 300, Palo Alto, CA 94301 | $326,467 |
| Svcf | Management Fees | 2440 West El Camino Real, Mountain View, CA 94040 | $176,992 |
| GS Core Fixed Income | Investment Management | - | $125,250 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $7,316,564
- Program Service Revenue
- $0
- Investment Income
- $14,953,781
- Other Revenue
- $15,021
- All Other Contributions
- $7,316,564
- Change in Net Assets
- $-1,683,334
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- Yes
- Third parties used for noncash contributions
- No
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 1 | $7,316,564 | Fair Market Value (FMV) |
| Total Noncash Contributions | 1 | $7,316,564 | - |
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $21,438,942 |
| Other Expenses | $2,529,758 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $20,170,382 | - | - | $20,170,382 |
| Fees for Service Investment Mgmnt Fees | - | $2,281,892 | - | $2,281,892 |
| Foreign Grants | $1,268,560 | - | - | $1,268,560 |
| Fees for Services Management | $88,496 | $88,496 | - | $176,992 |
| Fees for Services Accounting | - | $48,450 | - | $48,450 |
| Insurance | - | $14,005 | - | $14,005 |
| All Other Expenses | $8,000 | - | - | $8,000 |
| Office Expenses | - | $419 | - | $419 |
| Total Functional Expenses | $21,535,438 | $2,433,262 | $0 | $23,968,700 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Acumen Fund Inc | New York, NY | 501(c)(3) | energy access expansion in East Africa | $4,000,000 |
| CAMFED USA Foundation | San Francisco, CA | 501(c)(3) | CAMA Network expansion | $3,600,000 |
| Build Change | Denver, CO | 501(c)(3) | core support | $1,250,000 |
| Last Mile Health | Boston, MA | 501(c)(3) | core support | $1,250,000 |
| Polaris Project | Washington, DC | 501(c)(3) | core support | $1,250,000 |
| Apopo US | Washington, DC | 501(c)(3) | Second Line Tuberculosis Screening | $800,000 |
| The Malala Fund | Washington, DC | 501(c)(3) | Syrian refugee education | $650,000 |
| Ceres Inc | Boston, MA | 501(c)(3) | Carbon Asset Risk Initiative | $500,000 |
| Greater Washington Educational Telecommunications Associatio | Arlington, VA | 501(c)(3) | PBS NewsHour social entrepreneurs broadcasts | $500,000 |
| Amazon Conservation Team | Arlington, VA | 501(c)(3) | indigenous capacity building | $425,000 |
| Brookings Institution | Washington, DC | 501(c)(3) | general operating support | $250,000 |
| Dalai Lama Trust | Washington, DC | 501(c)(3) | general operating support | $250,000 |
| Free the Children | San Francisco, CA | 501(c)(3) | 2016 WE Day California | $250,000 |
| GoodWeave USA | Washington, DC | 501(c)(3) | Supply Unchained pilot | $250,000 |
| King Baudouin Foundation US Inc | New York, NY | 501(c)(3) | Wellbeing Project | $250,000 |
| National Public Radio Inc | Washington, DC | 501(c)(3) | social entrepreneur broadcast stories and survey | $250,000 |
| New Venture Fund | Washington, DC | 501(c)(3) | Mission 2020 | $250,000 |
| Public Forum Institute | Washington, DC | 501(c)(3) | 2016 Global Entrepreneurship Summit | $250,000 |
| Rockefeller Philanthropy Advisors Inc | New York, NY | 501(c)(3) | Social Enterprise Collaborative | $250,000 |
| Sea Shepherd Conservation Society | Alexandria, VA | 501(c)(3) | general operating support | $250,000 |
| Silicon Valley Community Foundation | Mountain View, CA | 501(c)(3) | Regional Media Collaborative, Civic Innovation Lab, and general operating su | $250,000 |
| The Bridgespan Group Inc | Boston, MA | 501(c)(3) | landscaping of social entrepreneurship academic centers | $250,000 |
| Crisis Action Inc | New York, NY | 501(c)(3) | strategy playbook development | $226,000 |
| Partners in Health a Nonprofit Corporation | Frederick, MD | 501(c)(3) | Lesotho health reform evaluation | $212,000 |
| Rockefeller Philanthropy Advisors Inc | New York, NY | 501(c)(3) | Funder Imperative | $210,000 |
| New Teacher Center | Santa Cruz, CA | 501(c)(3) | general operating support | $200,000 |
| The Global Development Incubator Inc | New York, NY | 501(c)(3) | Tendrel Initiative | $200,000 |
| Beneficent Technology Inc | Palo Alto, CA | 501(c)(3) | Poverty Stoplight | $150,000 |
| Support of Partners for Sustainable Development | Redwood City, CA | 501(c)(3) | general operating support | $150,000 |
| FilmAid International | New York, NY | 501(c)(3) | general operating support | $100,000 |
| Guardianorg Foundation | New York, NY | 501(c)(3) | Climate Stories | $100,000 |
| Journalism Development Network Inc | Washington, DC | 501(c)(3) | scaling investigative reporting and journalism | $100,000 |
| Mi Sangre Foundation Corporation | Doral, FL | 501(c)(3) | general operating support | $100,000 |
| Regents of the University of California Berkeley | Berkeley, CA | 501(c)(3) | BIT-AMENA Center | $100,000 |
| Silicon Valley Community Foundation | Mountain View, CA | 501(c)(3) | Silicon Valley Gives | $100,000 |
| The Citizens Foundation USA | Elk Grove Village, IL | 501(c)(3) | 2016 Spring Skoll Social Entrepreneurs Challenge | $83,000 |
| Africa College Fund | Fairfield, IN | 501(c)(3) | 2015 Skoll Social Entrepreneurs Challenge | $81,000 |
| Mothers2Mothers International Inc | Los Angeles, CA | 501(c)(3) | 2015 Skoll Social Entrepreneurs Challenge | $72,000 |
| VillageReach | Seattle, WA | 501(c)(3) | Riders for Health due diligence | $62,000 |
| Children's Discovery Museum of San Jose | San Jose, CA | 501(c)(3) | general operating support | $60,000 |
| Amazon Conservation Team | Arlington, VA | 501(c)(3) | 2016 Spring Skoll Social Entrepreneurs Challenge | $57,000 |
| Partners in Health a Nonprofit Corporation | Frederick, MD | 501(c)(3) | Hurricane Matthew disaster relief | $50,000 |
| Representation Project | Ross, CA | 501(c)(3) | general operating support | $50,000 |
| Arzu Inc | Northbrook, IL | 501(c)(3) | 2016 Spring Skoll Social Entrepreneurs Challenge | $44,000 |
| Earth Island Institute Inc | Berkeley, CA | 501(c)(3) | 2015 Skoll Social Entrepreneurs Challenge | $30,000 |
| United Nations Foundation | Washington, DC | 501(c)(3) | voter engagement campaign | $30,000 |
| Give2Asia | San Francisco, CA | 501(c)(3) | Institute for Development Studies and Practices | $26,882 |
| Endeavor Global Inc | New York, NY | 501(c)(3) | 2016 Endeavor Gala | $25,000 |
| President-Board of Trustees Santa Clara College | Santa Clara, CA | 501(c)(3) | Osberg Fellowship program | $20,000 |
| CAMFED USA Foundation | San Francisco, CA | 501(c)(3) | 2016 Spring Skoll Social Entrepreneurs Challenge | $19,000 |
| Boys & Girls Club of the Peninsula | Menlo Park, CA | 501(c)(3) | general operating support | $15,000 |
| Growth Philanthropy Network Inc | New Y ork, NY | 501(c)(3) | Social Impact Exchange | $15,000 |
| Across the Bridge Foundation | San Jose, CA | 501(c)(3) | general operating support | $10,000 |
| College Track | Oakland, CA | 501(c)(3) | general operating support | $10,000 |
| Jesuit Retreat Center of Los Altos | Los Altos, CA | 501(c)(3) | retaining wall and labyrinth | $10,000 |
| Mills-Peninsula Hospital Foundation | Burlingame, CA | 501(c)(3) | Precision Medicine Initiative | $10,000 |
| Philadelphia Student Union | Philadelphia, PA | 501(c)(3) | general operating support | $10,000 |
| Digital Divide Data | New York, NY | 501(c)(3) | 2015 Skoll Social Entrepreneurs Challenge | $9,000 |
| Creating Hope International Inc | Dearborn, MI | 501(c)(3) | Afghan Institute of Learning | $8,000 |
| Forest Trends Association | Washington, DC | 501(c)(3) | 2015 Skoll Social Entrepreneurs Challenge | $7,000 |
International Summary
- Offices
- 0
- Employees
- 0
- Spending
- $199,533,941
International Compliance
- Foreign grant records maintained
- Yes
- Activity in boycott countries
- No
- Foreign corporation ownership
- Yes
- Foreign partnership interest
- Yes
- Interest in foreign trust
- No
- Passive foreign investment company interest
- Yes
- Transfers to foreign corporations
- Yes
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America | Investments | - | 0 | 0 | $178,070,524 |
| Europe | Investments | - | 0 | 0 | $16,782,726 |
| South Asia | Investments | - | 0 | 0 | $1,406,927 |
| North America | Investments | - | 0 | 0 | $1,290,201 |
| Europe | Grantmaking | - | 0 | 0 | $1,008,560 |
| Sub-saharan Africa | Investments | - | 0 | 0 | $603,265 |
| Sub-Saharan Africa | Grantmaking | - | 0 | 0 | $250,000 |
| East Asia and The Pacific | Investments | - | 0 | 0 | $111,738 |
| East Asia and the Pacific | Grantmaking | - | 0 | 0 | $6,000 |
| Middle East and North Africa | Grantmaking | - | 0 | 0 | $4,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, line 2
“Jeff Skoll, James Demartini and Larry Brilliant all have business relationships with Sally Osberg, Edward Diener, and Richard Fahey. Jeff Skoll and James Demartini have a business relationship with each other.”
Form 990, Part VI, Section A, line 3
“The employees of Silicon Valley Community Foundation, the controlling exempt organization, performed the day to day operations of the Skoll Fund. The Skoll Foundation performs the day to day activities relating to monitoring the programs.”
Form 990, Part VI, Section B, line 11B
“The Form 990 is placed on a secured website or sent by email for the governing body to review and comment. Review is verified by email.”
Form 990, Part VI, Section B, line 12C
“Annually each Board Member of the Skoll Fund and supported/supporting organizations completes "Form 990 Questionaire" that reports obligations and documents disclosures that are necessary to comply with Form 990 requirements.”
Form 990, Part VI, Section C, line 19
“The governing/organizing documents and audited financial statements can be provided in the office, on a CD, or through email upon request.”
Form 990, Part VII, Section B, Line 1
“"SVCF" is an abbreviation for Silicon Valley Community Foundation.”
Filing and Contact Details
Filer
- Filer Name
- Skoll Fund
- EIN
- 77-0528216
- Phone
- 6504555411
- Address
- 2440 West El Camino Real No 300, Mountain View, CA 94040
Signing Officer
- Name
- edward diener
- Title
- Secretary
- Phone
- 6504555411
- Signed
- 2017-11-12
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Sally Osberg
- Formed
- 1999
- Legal Domicile
- CA
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Moss Adams LLP
- Address
- 3121 W March Ln Ste 200, Stockton, CA 95219-2367
- Preparer
- Tracy S Paglia
- Phone
- 2099556100
Supplemental Narrative
Additional Explanations
Form 990, Part XI, line 9:
“adjustment to present value of grants for future payment -134,291. GRANT REFUND 10,000,000.”
Financial Statement Notes
Part X, Line 2:
“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 statements. 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 and California jurisdictions.”
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JEFFREY S SKOLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Peter Hero |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | James GB Demartini III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Kirk Hanson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Larry Brilliant |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Richard Fahey |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Edward Diener |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Sally Osberg |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 13187185 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 9794442 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 48460949 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 31749944 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 20170382 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 20170382 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 189331252 |
| IRS990/GrossReceiptsAmt | 0 | 198429433 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 14005 |
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| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 411490448 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 380404385 |
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| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | The Skoll Fund is a supporting organization associated with Silicon Valley Community Foundation. Together with the Skoll Foundation, a private foundation, its mission is to drive large-scale change by investing in, connecting and celebrating social entrepreneurs and other innovators dedicated to solving the world's most pressing problems. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 1 |
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| IRS990/NoncashContributionsAmt | 0 | 7316564 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 419 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 419 |
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| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
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| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 15021 |
| IRS990/OtherRevenueTotalAmt | 0 | 15021 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Sally Osberg |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Special Opportunity And Other - Support domestic and international philanthropic opportunities that helped advance the foundation's mission to drive large-scale change by investing in, connecting and celebrating social entrepreneurs and other innovators dedicated to solving the world's most pressing problems. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 7930033 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 7894500 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Skoll Awards for Social Entrepreneurship - Invested in established organizations founded and/or led by social entrepreneurs whose innovations address the critical issues of our time and whose organizations are poised for growth and/or replication. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 3766879 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 3750000 |
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| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 8247037 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 69645260 |
| IRS990/PYInvestmentIncomeAmt | 0 | 19703205 |
| IRS990/PYOtherExpensesAmt | 0 | 2456066 |
| IRS990/PYOtherRevenueAmt | 0 | 35 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -44151049 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 72101326 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 27950277 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1683334 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1530104 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2907239 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlDecidingGrntFrgnOrgInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportForeignOrgNoDetermInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | "SVCF" is an abbreviation for Silicon Valley Community Foundation. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | Bylaws, Article III.3.A.1 "Controlling Organization Class Directors shall be appointed by the Controlling organization, which will be, at all times...a member of the class defined in Article IIB of this corporation's Articles of Incorporation. The initial Controlling Organization will be the Silicon Valley Community Foundation." Articles of Incorporation, Article II.B "The specific and primary purpose of this corporation is to engage in charitable and education activities that...support, benefit, or carry out the purposes of that class of publicly supported charities described in Code Sections 509(a)(1) or 509(a)(2)." Skoll Fund has had a historic and continuing relationship with Silicon Valley Community Foundation since inception in 1999. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 2 | The organization provides some grants to foreign organizations without IRS determination letters. Grant recipients were determined to be described in section 509(a)(1) or (2) via equivalency determination. As part of the equivalency determination review, Skoll Fund must confirm that an organization is organized and operated exclusively for section 170(c)(2)(B) purposes. Skoll Fund generally uses NGO Source to complete the equivalency determination process and retains certificates on file. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 3 | SVCF appoints the majority of the Skoll Fund board and then the Skoll Fund board makes all the decisions. SVCF delegates control and discretion to the Skoll Fund board. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 4 | See the explanation above for Schedule A, Section A, line 2. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 5 | Bylaws, Article III.3.A.1 "Controlling Organization Class Directors shall be appointed by the Controlling organization, which will be, at all times...a member of the class defined in Article IIB of this corporation's Articles of Incorporation. The initial Controlling Organization will be the Silicon Valley Community Foundation." The specific and primary purpose of this corporation is to engage in charitable and education activities that support, benefit, or carry out the purposes of that class of publicly supported charities described in Code Sections 509(a)(1) or 509(a)(2), which includes THE SILICON VALLEY COMMUNITY FOUNDATION. THE CORPORATION IS ORGANIZED TO conduct or support activities, including the promotion of social entrepreneurship, that benefit communities around the world. This is an independent program that furthers SVCF's mission as a comprehensive center of philanthropy. Through visionary leadership, strategic grantmaking and world class experience, SVCF partners with donors to strengthen the common good locally and throughout the world. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, LINE 12g(I) |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | Part IV, Section A, Line 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 2 | Part IV, Section A, Line 2 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 3 | Schedule A, Section A, Line 4b |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 4 | Schedule A, Section A, Line 4c |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 5 | Schedule A, Section B, Line 2 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 205205488 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 350000 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | SVCF |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 350000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 114820878 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 217412961 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 48170546 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | HEDGE FUNDS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | PRIVATE EQUITY |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | REAL asset/real ESTATE |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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 statements. 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 and California jurisdictions. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 380404385 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 2 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 3 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 4 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 5 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 6 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 7 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 8 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 9 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 2 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 3 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 4 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 5 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 6 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 7 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 8 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 9 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 6000 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 1 | 1008560 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 2 | 250000 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 3 | 178070524 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 4 | 111738 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 5 | 16782726 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 6 | 1290201 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 7 | 1406927 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 8 | 603265 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 9 | 4000 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 1 | EUROPE |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 2 | Sub-Saharan Africa |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 3 | Central America |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 4 | East Asia and The Pacific |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 5 | Europe |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 6 | North America |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 7 | South Asia |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 8 | SUB-SAHARAN AFRICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 9 | Middle East and North Africa |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | Grantmaking |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 1 | Grantmaking |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 2 | GRANTMAKING |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 3 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 4 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 5 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 6 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 7 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 8 | Investments |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 9 | GRANTMAKING |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 607265 |
| IRS990ScheduleF/ContinutationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinutationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 1 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 1 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 1 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $518,051,802
- Liabilities
- $31,750,423
- Net assets
- $486,301,379
- Revenue
- $22,285,366
- Expenses
- $23,968,700
- Net income
- -$1,683,334