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GOOD VENTURES: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
GOOD VENTURES (EIN 45-2757586)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201743189349303654
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-14T10:28:12-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Moss Adams LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13121 W March Ln Ste 200AddressLine1Txt
CityStocktonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP952192367ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452757586EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Good VenturesBusinessNameLine1Txt
Business Name Line2c/o Silicon Valley Community FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGOODBusinessNameControlTxt
Phone6504505400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12440 West El Camino Real No 300AddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAUL VELASKIPersonNm
Person TitletreasurerPersonTitleTxt
Phone6504505400PhoneNum
Signature2017-11-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTracy S PagliaPreparerPersonNm
PTINP00366884PTIN
Phone2099556100PhoneNum
Preparation2017-11-06PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.129.7.100IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-06IPDt
IP Tm19:54:38IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdEE4C3990ADBFF1D7AB96F98A4D28E8D7BD183798AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARI TUNAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12440 West El Camino Real No 300AddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94040ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$107,612,721GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionGOOD VENTURES' MISSION IS TO HELP HUMANITY THRIVEActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$174,554,408PYContributionsGrantsAmt
CY Contributions Grants$38,277,684CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$3,294,814PYInvestmentIncomeAmt
CY Investment Income$10,549,695CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$10CYOtherRevenueAmt
PY Total Revenue$177,849,222PYTotalRevenueAmt
CY Total Revenue$48,827,389CYTotalRevenueAmt
PY Grants And Similar Paid$89,549,400PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$64,271,339CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,999,879PYOtherExpensesAmt
CY Other Expenses$2,265,112CYOtherExpensesAmt
PY Total Expenses$91,549,279PYTotalExpensesAmt
CY Total Expenses$66,536,451CYTotalExpensesAmt
PY Revenues Less Expenses$86,299,943PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$17,709,062CYRevenuesLessExpensesAmt
Total Assets BOY$316,141,903TotalAssetsBOYAmt
Total Assets EOY$263,356,814TotalAssetsEOYAmt
Total Liabilities BOY$45,062,577TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,392,665TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$271,079,326NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$261,964,149NetAssetsOrFundBalancesEOYAmt
MissionTo help humanity thriveMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$64,758,625ExpenseAmt
Grant$64,271,339GrantAmt
Revenue$0RevenueAmt
DescTO HELP HUMANITY THRIVEDesc
Total Program Service Expenses$64,758,625TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAUL VELASKI - CFO & COOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6504505400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12440 WEST EL CAMINO REAL 300AddressLine1Txt
CityMOUNTAIN VIEWCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94040ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
CARI TUNA
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
DUSTIN MOSKOVITZ
DIRECTOR0.50Yes (X)$0$0$0
DIVESH MAKAN
DIRECTOR0.50Yes (X)$0$0$0
EMMETT CARSON
DIRECTOR0.50Yes (X)$0$892,689$56,49040.00
MARI ELLEN LOIJENS
director0.50Yes (X)$0$273,475$159,70340.00
Paul Velaski
trEASURER0.50Yes (X)Yes (X)$0$281,750$102,82540.00
Jill Rademacher
Secretary (Thru 08/15/16)0.50Yes (X)Yes (X)$0$209,895$9,44240.00
Misti Sangani
Secretary0.50Yes (X)Yes (X)$0$165,307$18,56440.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,823,116TotReportableCompRltdOrgAmt
Total Other Compensation$347,024TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
ICONIQ CAPITAL
394 Pacific AvenueSan FranciscoCA94111Investment Services$982,117
Cerberus ICQ Offshore Loan Opportunities
Investment Services$216,017190 Elgin AvenueGeorge TownCJKY1-9005
Aperio MSCI ACWI High Quality Strategy
3 Harbor Dr 315SausalitoCA94965Investment Services$145,910
SVCF
2440 WEST EL CAMINO REAL 300MOUNTAIN VIEWCA94040MANAGEMENT SERVICES$140,150
DE Shaw Orienteer International Fund LP
1166 Avenue of the Americas NinthNew YorkNY10036Investment Services$137,366
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$38,277,684AllOtherContributionsAmt
Noncash Contributions$38,277,549NoncashContributionsAmt
Total Contributions$38,277,684TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,815,396TotalRevenueColumnAmt
Exclusion$5,815,396ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$63,519,631SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$58,785,332SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,734,299SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,734,299TotalRevenueColumnAmt
Exclusion$4,734,299ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10TotalRevenueColumnAmt
Exclusion$10ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,827,389TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,549,705ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$64,271,339TotalAmt
Program Services$64,271,339ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$140,150TotalAmt
Program Services$70,000ProgramServicesAmt
Management And General$70,150ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,947TotalAmt
Management And General$2,947ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,917TotalAmt
Management And General$5,917ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,654,381TotalAmt
Management And General$1,654,381ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,760TotalAmt
Program Services$10,760ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,524TotalAmt
Program Services$7,524ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$35,209TotalAmt
Program Services$31,687ProgramServicesAmt
Management And General$3,522ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,060TotalAmt
Program Services$954ProgramServicesAmt
Management And General$106ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$393,117TotalAmt
Program Services$353,805ProgramServicesAmt
Management And General$39,312ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$96TotalAmt
Management And General$96ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,773TotalAmt
Program Services$4,296ProgramServicesAmt
Management And General$477ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,178TotalAmt
Program Services$8,260ProgramServicesAmt
Management And General$918ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$66,536,451TotalAmt
Program Services$64,758,625ProgramServicesAmt
Management And General$1,777,826ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$49,486,759BOYAmt
EOY$5,354,164EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$165,048BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,495LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,773LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,738BOYAmt
EOY$20,722EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$266,474,358BOYAmt
EOY$257,981,928EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$316,141,903BOYAmt
EOY$263,356,814EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$26,982BOYAmt
EOY$152EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$45,035,595BOYAmt
EOY$1,392,513EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$45,062,577BOYAmt
EOY$1,392,665EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$271,079,326BOYAmt
EOY$261,964,149EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$271,079,326BOYAmt
EOY$261,964,149EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$316,141,903BOYAmt
EOY$263,356,814EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$17,709,062ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$8,394,707NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$199,178OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SVCFBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN205205488EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$59,000,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$59,000,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, LINE 12G(I)FormAndLineReferenceDesc
Explanation"SVCF" IS AN ABBREVIATION FOR SILICON VALLEY COMMUNITY FOUNDATION.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,495OtherCostOrOtherBasisAmt
Depreciation$4,773DepreciationAmt
Book Value$20,722BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$20,722TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CASH & EQUIVALENTS$32,741,436F
GLOBAL BONDS$89,777,807F
GLOBAL EQUITIES$100,565,100F
ALTERNATIVE - REDEEMABLE$34,897,585F
FieldValueIRS element (for citing)
Total Book Value Securities$257,981,928TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationSVCF and its supporting organizations and affiliate 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 affiliate 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 affiliate do not have any material uncertain tax positions. SVCF and its supporting organizations and affiliate file informational tax returns in the U.S. federal and California jurisdictions.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$65,567,746RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$65,567,746SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$65,567,746TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Drug Policy Alliance
Development Department131 West 33rdStreet 15th floorNew YorkNY10001521516692501(c)(3)$150,000for general support
GiveWell
182 Howard Street Unit 208San FranciscoCA94105208625442501(c)(3)$500,000for incentive grants to potential GiveWell top charities
GiveWell
182 Howard Street Unit 208San FranciscoCA94105208625442501(c)(3)$250,000For Support of the Food Fortification Initiative
GiveWell
182 Howard Street Unit 208San FranciscoCA94105208625442501(c)(3)$250,000for support of Development Media International
GiveWell
182 Howard Street Unit 208San FranciscoCA94105208625442501(c)(3)$250,000for support of the Iodine Global Network
IDinsight
576 Sacramento Street First FloorSan FranciscoCA94111274933181501(c)(3)$314,752for support of a GiveWell-embedded team
Life Sciences Research Foundation
3520 San Martin DriveBaltimoreMD21218521231801501(c)(3)$1,488,000for support of early-career investigators
Massachusetts General Hospital
Development Office 125 NashuaStreet Suite 540BostonMA02114041564655501(c)(3)$1,100,000for support of research on Alzheimer's Disease
New Incentives
340 South Lemon Avenue 6133WalnutCA91789452368993501(c)(3)$368,587for general support
SPUR
654 Mission StreetSan FranciscoCA94105941498232501(c)(3)$300,000FOR GENERAL SUPPORT
Tenderloin Neighborhood Development Corporation
215 Taylor StreetSan FranciscoCA94102942761808501(c)(3)$300,000for general support
Silicon Valley Community Foundation
2443 W El Camino Real Suite 300Mountain ViewCA94040205205488501(c)(3)$57,000,000for support of the Open Philanthropy Project Fund's grantmaking Portfolio
Silicon Valley Community Foundation
2443 W El Camino Real Suite 300Mountain ViewCA94040205205488501(c)(3)$2,000,000for support of the Orange Fund's grantmaking portfolio
FieldValueIRS element (for citing)
Total501c3 Org9Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationBy 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 purposes specified in the grant award letter and is not for the personal benefit of an individual - Any funds not used for the purposes specified in the award letter will be returned to the organization - Some grantees may receive a formal grant agreement, depending on the size and complexity of the grant and must sign a grant agreement that stipulates that the grantee will send to the community foundation a report on the use of the granted funds one year following the receipt of the grant.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
EMMETT CARSON
DIRECTOR$0$660,000$0$132,000$0$100,689$0$35,000$0$21,490$0$949,179$0$0
MARI ELLEN LOIJENS
director$0$273,475$0$0$0$0$0$138,250$0$21,453$0$433,178$0$0
Paul Velaski
trEASURER$0$281,750$0$0$0$0$0$88,250$0$14,575$0$384,575$0$0
Jill Rademacher
Secretary (Thru 08/15/16)$0$209,895$0$0$0$0$0$0$0$9,442$0$219,337$0$0
Misti Sangani
Secretary$0$165,307$0$0$0$0$0$8,115$0$10,449$0$183,871$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 4bThe following individuals received addittional nontaxable retirement benefits as follows: Paul Velaski - $75,000 Mari Ellen Loijens - $125,000
SCHEDULE J, PART II, REPORTED SALARIES:THIS SECTION INCLUDES SALARIES OF SILICON VALLEY COMMUNITY FOUNDATION EXECUTIVES WHO ARE BOARD MEMBERS OF GOOD VENTURES. THESE SALARIES ARE NOT PAID BY GOOD VENTURES, AND ARE ONLY LISTED BECAUSE SILICON VALLEY COMMUNITY FOUNDATION IS A RELATED ORGANIZATION.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1iconiq capitalBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship Descriptionentity more than 35% owned by Divesh MakanRelationshipDescriptionTxt
Transaction$982,117TransactionAmt
TransactionINVESTMENT MANAGEMENTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$38,277,549NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG PRICE DATE OF GIFTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2DUSTIN MOSKOVITZ AND CARI TUNA HAVE A FAMILY RELATIONSHIP. DIVESH MAKAN AND CARI TUNA HAVE A BUSINESS RELATIONSHIP. DIVESH MAKAN AND DUSTIN MOSKOVITZ HAVE A BUSINESS RELATIONSHIP. PAUL VELASKI, MARI ELLEN LOIJENS, EMMETT CARSON and misti sangani HAVE A BUSINESS RELATIONSHIP.
Form 990, Part VI, Section A, line 3THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, PERFORMED THE DAY TO DAY OPERATIONS OF GOOD VENTURES. THE COMMUNITY FOUNDATION WAS REIMBURSED FOR THESE SERVICES.
Form 990, Part VI, Section B, line 11bTHE 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 12cANNUALLY EACH BOARD MEMBER OF GOOD VENTURES AND SUPPORTED/SUPPORTING ORGANIZATIONS COMPLETES A "FORM 990 QUESTIONNAIRE" THAT REPORTS OBLIGATIONS AND DOCUMENTS DISCLOSURES THAT ARE NECESSARY TO COMPLY WITH FORM 990 REQUIREMENTS.
Form 990, Part VI, Section C, line 19THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS CAN BE REVIEWED IN THE OFFICE, ON A CD, OR THROUGH EMAIL UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC.
Form 990, Part XI, line 9:PRESENT VALUE ADJUSTMENT 19,156. GRANTS RETURNED REVERSED 180,022.
PART VII, SECTION B, LINE 1."SVCF" IS AN ABBREVIATION FOR SILICON VALLEY COMMUNITY FOUNDATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SILICON VALLEY COMMUNITY FOUNDATION
2440 West El Camino Real 300Mountain ViewCA94040205205488Grants & Community LeadershipCA501(C)(3)7N/A0
William H Cilker Family Foundation
2440 West El Camino Real 300Mountain ViewCA94040770479067Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Driscoll Family Foundation
2440 West El Camino Real 300Mountain ViewCA94040770430921Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
The Dirk And Charlene Kabcenell Foundation
2440 West El Camino Real 300Mountain ViewCA94040721563142Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Raising A Reader
2440 West El Camino Real 300Mountain ViewCA94040943390149Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
The Real Estate Trust
2440 West El Camino Real 300Mountain ViewCA94040043701887Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Reddere Foundation
2440 West El Camino Real 300Mountain ViewCA94040770557056Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Skoll Fund
2440 West El Camino Real 300Mountain ViewCA94040770528216Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
The Sobrato Foundation
2440 West El Camino Real 300Mountain ViewCA94040800091312Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Star Hill Fund
2440 West El Camino Real 300Mountain ViewCA94040943338689Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Chong-Moon Lee Foundation
2440 West El Camino Real 300Mountain ViewCA94040770414442Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
STARTUP EDUCATION
2440 West El Camino Real 300Mountain ViewCA94040273538876education fundingCA501(C)(3)12A-I0SVCF
Intervalien Foundation
2440 West El Camino Real 300Mountain ViewCA94040900899545Grants & Community LeadershipCA501(C)(3)12A-I0SVCF
entrepreneurs' foundation
2440 West El Camino Real 300mountain ViewCA94040943267369Grants & Community LeadershipCA501(C)(3)12A-I0sVCF
DropBox Foundation for good
2440 West El Camino Real 300mountain ViewCA94040814755668grants & Community LeadershipCA501(C)(3)12A-I0SVCF
Neubauer Family Charitable Trust
2440 West El Camino Real 300Mountain ViewCA94040813609752grants & Community LeadershipCA501(C)(3)12A-I0Svcf
THE BERNARD A NEWCOMB FOUNDATION
2440 West El Camino Real 300Mountain ViewCA94040770505640grants & Community LeadershipCA501(C)(3)12A-I0Svcf
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd