Liabilities / Assets
16th percentile
Higher debt load relative to assets than 16% of similar nonprofits.
Skoll Fund Co Silicon Valley Community Foundation
990 • Fiscal year 2018 • EIN 77-0528216
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% 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
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$546,465,543
Down $32,023,244 (-5.5%) from 2017
Net Assets
Down$510,389,630
Down $40,344,546 (-7.3%) from 2017
Liabilities
Up$36,075,913
Up $8,321,302 (+30%) from 2017
Revenue And Expenses
Revenue
Down$18,162,677
Down $14,894,176 (-45%) from 2017
Expenses
Up$48,103,805
Up $18,094,990 (+60%) from 2017
Net Income
Down-$29,941,128
Down $32,989,166 (-1082%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Nov 14, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $18,162,677
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 worlds most pressing problems.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $423,325,837 | $438,515,934 | ▲ $15,190,097 |
| Investments in Publicly Traded Securities | $153,872,640 | $102,131,843 | ▼ $51,740,797 |
| Savings and Temporary Cash Investments | $1,290,310 | $5,817,766 | ▲ $4,527,456 |
| Total Assets | $578,488,787 | $546,465,543 | ▼ $32,023,244 |
| Liabilities | |||
| Grants Payable | $27,754,611 | $36,051,706 | ▲ $8,297,095 |
| Accounts Payable and Accrued Expenses | - | $24,207 | - |
| Total Liabilities | $27,754,611 | $36,075,913 | ▲ $8,321,302 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $550,734,176 | $510,389,630 | ▼ $40,344,546 |
| Total Net Assets Fund Balance | $550,734,176 | $510,389,630 | ▼ $40,344,546 |
| Total Liabilities and Net Assets / Fund Balance | $578,488,787 | $546,465,543 | ▼ $32,023,244 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $29,338,789 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Jeffrey S Skoll | Chairperson |
| Sally Osberg | President (thru 04/18) |
| Richard Fahey | President(effective 05/18) |
| James Gb Demartini Iii | Director |
| Kirk Hanson | Director |
| Larry Brilliant | Director |
| Pat Mitchell | Director |
| Bruce Lowry | Secretary (effective 8/18) |
| Ed Deiner | Secretary (thru 8/18) |
| Debra Santos | Treasurer (effective 4/18) |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Vision Ridge Partners | Investment Management | 1011 WALNUT STREET SUITE 400, Boulder, CA 80302, Uk | $426,698 |
| Svcf | Management Fees | 2440 WEST EL CAMINO REAL, Mountain View, CA 94040 | $210,412 |
| Dn Capital | Investment Management | 250 UNIVERSITY AVE SUITE 300, Palo Alto, CA 94301 | $137,563 |
| Capricorn Investment Group LLC | Investment Management | 250 UNIVERSITY AVE SUITE 400, Palo Alto, CA 94301 | $126,630 |
| Martis Capital | Investment Management | - | $104,121 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $18,162,677
- Other Revenue
- $0
- Change in Net Assets
- $-29,941,128
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $46,635,000 |
| Other Expenses | $1,468,805 |
| 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 | $44,040,000 | - | - | $44,040,000 |
| Foreign Grants | $2,595,000 | - | - | $2,595,000 |
| Fees for Service Investment Mgmnt Fees | - | $1,161,304 | - | $1,161,304 |
| Fees for Services Management | $105,206 | $105,206 | - | $210,412 |
| Other Expenses | - | $51,921 | - | $51,921 |
| Fees for Services Accounting | - | $25,018 | - | $25,018 |
| Insurance | - | $17,500 | - | $17,500 |
| All Other Expenses | $2,650 | - | - | $2,650 |
| Total Functional Expenses | $46,742,856 | $1,360,949 | $0 | $48,103,805 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Tides Foundation | San Francisco, CA | 501(c)(3) | Ending Pandemics | $13,000,000 |
| The Alliance for Climate Protection | Washington, DC | 501(c)(3) | Core Support | $10,000,000 |
| Educate Girls | Forest Hills, NY | 501(c)(3) | Replication by Local Ngos | $2,480,000 |
| Crisis Text Line | New York, NY | 501(c)(3) | Core Support | $1,500,000 |
| Thorn | New York, NY | 501(c)(3) | Core Support | $1,500,000 |
| Code for America Labs | San Francisco, CA | 501(c)(3) | Core Support | $1,250,000 |
| Global Health Corps Inc | New York, NY | 501(c)(3) | Core Support | $1,250,000 |
| Myagro Farms | Oakland, CA | 501(c)(3) | Core Support | $1,250,000 |
| Sexual Health Innovations | San Francisco, CA | 501(c)(3) | Core Support | $1,250,000 |
| Ashoka | Arlington, VA | 501(c)(3) | Ashoka Fellows Program | $1,000,000 |
| Sundance Institute | Park City, UT | 501(c)(3) | Stories of Change Partnership | $915,000 |
| Greater Washington Educational Telecommunications Associatio | Arlington, VA | 501(c)(3) | Pbs Newshour Social Entrepreneurs Broadcasts and General Operating Support | $500,000 |
| King Baudouin Foundation US Inc | New York, NY | 501(c)(3) | The Wellbeing Project | $500,000 |
| New Venture Fund | Washington, DC | 501(c)(3) | N Square | $500,000 |
| Partnership on Ai to Benefit People and Society | San Francisco, CA | 501(c)(3) | General Operating Support | $500,000 |
| Ploughshares Fund Inc | San Francisco, CA | 501(c)(3) | Nuclear Nonproliferation Campaign Work | $450,000 |
| Rural Development Institute | Seattle, WA | 501(c)(3) | Land Rights Modernization | $425,000 |
| Global Zero | Washington, DC | 501(c)(3) | Nuclear Crisis Group | $400,000 |
| Rockefeller Philanthropy Advisors Inc | New York, NY | 501(c)(3) | Scaling Solutions Toward Shifting Systems | $315,000 |
| New Teacher Center | Santa Cruz, CA | 501(c)(3) | Supporting Effective Educator Development (seed) | $300,000 |
| Stanford Health Care | Stanford, CA | 501(c)(3) | Patient Experience and Special Patient Services | $300,000 |
| Spring Impact Incorporated | San Francisco, CA | 501(c)(3) | Implementation Support | $270,000 |
| B Lab Company | Berwyn, PA | 501(c)(3) | Sdg Performance Platform | $250,000 |
| Mayo Clinic | Rochester, MN | 501(c)(3) | PRESIDENT'S STRATEGIC INITIATIVE FUND | $250,000 |
| President & Fellows of Middlebury College | Middlebury, VT | 501(c)(3) | New Media Tools for Nonproliferation and Disarmament Verification | $250,000 |
| Rockefeller Philanthropy Advisors Inc | New York, NY | 501(c)(3) | Climate Nexus | $250,000 |
| Silicon Valley Community Foundation | Mountain View, CA | 501(c)(3) | General Operating Support | $250,000 |
| The Barack Obama Foundation | Chicago, IL | 501(c)(3) | African Leaders Program | $250,000 |
| We Charity | Williamsville, NY | 501(c)(3) | 2018 We Day California | $250,000 |
| Guardianorg Foundation | Washington, DC | 501(c)(3) | Social Entrepreneurship and Solutions | $220,000 |
| Carnegie Endowment for International Peace | Washington, DC | 501(c)(3) | Nuclear Policy Research and Development | $200,000 |
| Center for New American Security Inc | Washington, DC | 501(c)(3) | Support of Nuclear Dialogues | $200,000 |
| George Mason University Foundation Inc | Fairfax, VA | 501(c)(3) | Republicen Initiative | $160,000 |
| The Global Development Incubator Inc | New York, NY | 501(c)(3) | Tendrel Initiative | $150,000 |
| Malala Fund | Washington, DC | 501(c)(3) | General Operating Support | $100,000 |
| New America Foundation | Washington, DC | 501(c)(3) | New America CA and General Operating Support | $100,000 |
| Public Radio International Inc | Minneapolis, MN | 501(c)(3) | Support of Social Entrepreneur Broadcast Coverage | $100,000 |
| World Spine Care | Santa Ana, CA | 501(c)(3) | Clinical and Research Programs | $100,000 |
| President-board of Trustees Santa Clara College | Santa Clara, CA | 501(c)(3) | Social Entrepreneurship at the Margins Accelerator | $60,000 |
| Pro Publica Inc | New York, NY | 501(c)(3) | General Operating Support | $55,000 |
| New Venture Fund | Washington, DC | 501(c)(3) | N Square Open Data Portal Project | $50,000 |
| Representation Project | Ross, CA | 501(c)(3) | General Operating Support | $50,000 |
| Silicon Valley Community Foundation | Mountain View, CA | 501(c)(3) | A-learn and Silicon Valley Education Foundation Merger | $50,000 |
| Strongheart Group | Austin, TX | 501(c)(3) | Voices of Lived Experience | $50,000 |
| The Ucla Foundation | Pasadena, CA | 501(c)(3) | Ucla Institute for the Environment and Sustainability | $50,000 |
| Toniic Institute | San Francisco, CA | 501(c)(3) | Impact Terms Project | $50,000 |
| Acumen Fund Inc | New York, NY | 501(c)(3) | Media and Outreach Project | $25,000 |
| Board of Trustees of the Leland Stanford Junior University | Stanford, CA | 501(c)(3) | STANFORD WOMEN'S CANCER PROGRAM | $25,000 |
| President-board of Trustees Santa Clara College | Santa Clara, CA | 501(c)(3) | Osberg Fellowship Program | $25,000 |
| San Jose Childrens Discovery Museum | San Jose, CA | 501(c)(3) | General Operating Support | $25,000 |
| Sundance Institute | Park City, UT | 501(c)(3) | Awavena Outreach | $25,000 |
| WOMEN'S MEDIA CENTER | Washington, DC | 501(c)(3) | General Operating Support | $25,000 |
| Apopo US Inc | Washington, DC | 501(c)(3) | General Operating Support | $20,000 |
| Big Green | Boulder, CO | 501(c)(3) | General Operating Support | $20,000 |
| Community Coalition for Substance Abuse Prevention & Treatme | Los Angeles, CA | 501(c)(3) | General Operating Support | $20,000 |
| Mercy Corps | Portland, OR | 501(c)(3) | General Operating Support | $20,000 |
| Pasadena Waldorf School | Altadena, CA | 501(c)(3) | General Operating Support | $20,000 |
| Peace Over Violence | Los Angeles, CA | 501(c)(3) | General Operating Support | $20,000 |
| Tiyya Foundation | Santa Ana, CA | 501(c)(3) | General Operating Support | $20,000 |
| Youth Uprising | Oakland, CA | 501(c)(3) | General Operating Support | $20,000 |
| Boys & Girls Club of the Peninsula | Menlo Park, CA | 501(c)(3) | General Operating Support | $15,000 |
| Committee to Protect Journalists Inc | New York, NY | 501(c)(3) | General Operating Support | $15,000 |
| Crisis Text Line | New York, NY | 501(c)(3) | General Operating Support | $15,000 |
| Direct Relief | Santa Barbara, CA | 501(c)(3) | General Operating Support | $15,000 |
| Rape Abuse and Incest National Network Inc | Washington, DC | 501(c)(3) | General Operating Support | $15,000 |
| Thorn | New York, NY | 501(c)(3) | General Operating Support | $15,000 |
| Tides Center | San Francisco, CA | 501(c)(3) | Oasis for Girls | $15,000 |
| Code for America Labs | San Francisco, CA | 501(c)(3) | General Operating Support | $10,000 |
| Endeavor Global Inc | New York, NY | 501(c)(3) | 2018 Endeavor Gala | $10,000 |
| Focusing Philanthropy Inc | Santa Monica, CA | 501(c)(3) | SEVA FOUNDATION'S WORLD SIGHT DAY CAMPAIGN | $10,000 |
| Global Health Corps Inc | New York, NY | 501(c)(3) | General Operating Support | $10,000 |
| India Literacy Project | Milpitas, CA | 501(c)(3) | General Operating Support | $10,000 |
| International Consortium of Investigative Journalists Inc | Washington, DC | 501(c)(3) | General Operating Support | $10,000 |
| Library Foundation of Los Angeles | Los Angeles, CA | 501(c)(3) | General Operating Support | $10,000 |
| Opportunity Fund Community Development | San Jose, CA | 501(c)(3) | General Operating Support | $10,000 |
| Sexual Health Innovations | San Francisco, CA | 501(c)(3) | General Operating Support | $10,000 |
| Silicon Valley De-bug | San Jose, CA | 501(c)(3) | General Operating Support | $10,000 |
| Silicon Valley Education Foundation | San Jose, CA | 501(c)(3) | Catalyst to College | $10,000 |
| Stanford Health Care | Stanford, CA | 501(c)(3) | Cancer Supportive Care Program | $10,000 |
| University of California San Francisco Foundation | San Francisco, CA | 501(c)(3) | THE CONCERT FOR UCSF BENIOFF CHILDREN'S HOSPITAL | $10,000 |
| Village Enterprise Fund Inc | San Carlos, CA | 501(c)(3) | General Operating Support | $10,000 |
| Love Light and Melody a Not Forprofit Corporation | Denver, CO | 501(c)(3) | General Operating Support | $7,500 |
| Sustainable Economies Law Center | Oakland, CA | 501(c)(3) | General Operating Support | $7,500 |
International Summary
- Offices
- 0
- Employees
- 0
- Spending
- $167,967,150
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 | $141,022,282 |
| Europe | Investments | - | 0 | 0 | $19,513,764 |
| South Asia | Investments | - | 0 | 0 | $3,734,632 |
| South Asia | Grantmaking | - | 0 | 0 | $2,440,000 |
| North America | Investments | - | 0 | 0 | $1,101,472 |
| Europe | Grantmaking | - | 0 | 0 | $155,000 |
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 will be placed on a secured website or email for the gorverning body to review after its filed.”
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
- Richard Fahey
- Title
- CFO
- Phone
- 6504555411
- Signed
- 2019-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Richard Fahey
- 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 1,941,155. Cancelled grants 7,500. Adjustment for ubi 2,780,495.”
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, california, and other states jurisdictions.”
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| IRS990/ForeignCountryCd | 1 | UK |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JEFFREY S SKOLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES GB DEMARTINI III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KIRK HANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LARRY BRILLIANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PAT MITCHELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RICHARD FAHEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ED DEINER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SALLY OSBERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BRUCE LOWRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DEBRA SANTOS |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT(EFFECTIVE 05/18) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY (THRU 8/18) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT (THRU 04/18) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY (EFFECTIVE 8/18) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TREASURER (EFFECTIVE 4/18) |
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| IRS990/FormationYr | 0 | 1999 |
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| IRS990/MissionDesc | 0 | 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 WORLD'S MOST PRESSING PROBLEMS. |
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| IRS990/PrincipalOfficerNm | 0 | RICHARD FAHEY |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SKOLL AWARDS FOR SOCIAL ENTREPRENEURSHIP AND OTHER - INVEST IN ORGANIZATIONS WHOSE INNOVATIONS DISRUPT THE STATUS QUO, AND ACCELERATE THEIR PROGRESS TOWARD IMPACT AT SCALE. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CONNECT AND CELEBRATE - BUILD NETWORKS, COLLABORATIONS, AND PARTNERSHIPS TO HELP SCALE THE IMPACT OF SOCIAL ENTREPRENEURS. LEVERAGE MEDIA AND STORYTELLING TO DRIVE AWARENESS, LEARNING, AND GREATER IMPACT. |
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| 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 |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 300000 |
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| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | HEDGE FUNDS |
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| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | REAL ASSET/REAL ESTATE |
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| 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, CALIFORNIA, AND OTHER STATES JURISDICTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 438515934 |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 3 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 4 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 5 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 2 | 0 |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 4 | 0 |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 1 | 2440000 |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 3 | 1101472 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 4 | 19513764 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 5 | 141022282 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | EUROPE |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 1 | SOUTH ASIA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 2 | SOUTH ASIA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 3 | NORTH AMERICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 4 | EUROPE |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 5 | CENTRAL AMERICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | GRANTMAKING |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 1 | GRANTMAKING |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 2 | INVESTMENTS |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 3 | INVESTMENTS |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 4 | INVESTMENTS |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 5 | INVESTMENTS |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 1 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 1 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 0 | 80000 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 1 | 75000 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 2 | 10000 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 3 | 2430000 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 0 | SCALE UP OF COMMONS RESTORATION IN INDIA |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 1 | WALK TOGETHER CAMPAIGN |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 2 | GENERAL OPERATING SUPPORT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 3 | GENERAL OPERATING SUPPORT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 0 | EUROPE (INCLUDING ICELAND AND GREENLAND) |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 1 | EUROPE (INCLUDING ICELAND AND GREENLAND) |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 2 | SOUTH ASIA |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 3 | SOUTH ASIA |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 1 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 167967150 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | INTERNATIONAL MONITORING: INTERNATIONAL ORGANIZATIONS MUST BE PRE-DETERMINED TO BE EQUIVALENT TO DOMESTIC 501(C)(3) ORGANIZATIONS FOR THE FOUNDATION TO CONSIDER THEM ELIGIBLE TO RECEIVE GRANTS. BY ACCEPTING THE GRANT, GRANTEES MUST AGREE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS AND INCOME EARNED ON THOSE FUNDS MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES; - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT; - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION; - THE GRANT WILL BE USED SOLELY FOR THE PURPOSE SPECIFIED IN THE GRANT AGREEMENT AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL; - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE GRANT AGREEMENT WILL BE RETURNED TO THE FUND. |
Document Assets
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Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $546,465,543
- Liabilities
- $36,075,913
- Net assets
- $510,389,630
- Revenue
- $18,162,677
- Expenses
- $48,103,805
- Net income
- -$29,941,128