For the past three years, Silicon Valley Community Foundation (SVCF) has hosted a day of giving to benefit nonprofit organizations in Santa Clara, San Mateo, and San Benito counties. This year was the last for Silicon Valley Gives (SV Gives), as reported in a letter by Emmit D. Carson, president and CEO of the foundation.
Although the crowdfunding campaign finished the 24-hour event with $7.8 million raised for Bay Area nonprofits, administration fees and donor fatigue were cited as reasons the SVCF will not be hosting the event again next year.
In San Benito County, this event has united generous donors with local nonprofits and the daily challenges they face – a way for donors to give back to the community in which they live. The Community Foundation for San Benito County has promoted SV Gives since its inception in 2014, and this year, donations to 23 nonprofits in San Benito County exceeded $62,000.
In addition to promoting SV Gives, the Community Foundation has also been a participant – providing local nonprofits an opportunity to grow their permanent endowment funds. In three years time, more than $87,000 has been donated to their funds; only the capital may be spent, ensuring stability for these organizations well into the future.
At this time, the Community Foundation is looking forward to next year and considering how SV Gives could be replaced with a local event organized just for nonprofits in San Benito County. With the possibility of organizing a crowdfunding campaign, the Community Foundation is interested in hearing from donors and nonprofits. Please take five to 10 minutes to complete a survey—your answers will help us to determine if we should spend the time and resources to facilitate such an event.
Link to survey: Click Here
The Community Foundation for San Benito County is a 501(c)3 nonprofit organization that supports philanthropic activities for our community. Our core work is helping donors achieve long-term charitable giving goals through a variety of giving options and endowment funds. Working closely with nonprofit organizations, the Foundation makes grants to help sustain important programs, forever dedicated to making San Benito County a thriving community to live, work, and play. For more information, please visit our website at www.cffsbc.org