2020-11-06T12:00:42-06:00 2019-12-31 350921680 CROWE LLP 575 Market Street Suite 3300 San Francisco CA 941055829 990 2019-01-01 800091312 The Sobrato Foundation SOBR 6504505400 2440 West El Camino Real 300 Mountain View CA 94040 John A Sobrato President 2020-11-06 true Nicole Bencik P00756195 4155761100 2019 2021-01-29 14:40:06Z John A Sobrato 2440 West El Camino Real 300 Mountain View CA 94040 6331852 false X N/A X 2004 CA THE SOBRATO FOUNDATION SUPPORTS NONPROFITS AND SOCIAL IMPACT ORGANIZATIONS SERVING AT-RISK AND VULNERABLE MEMBERS OF OUR COMMUNITY. The Foundation also makes investments to support philanthropic activities recommended by individual Sobrato family members. 3 3 0 3 0 0 106772 5000000 1201845 1186672 2759617 145180 0 0 4068234 6331852 78000000 347786 0 0 0 0 0 0 0 3322446 2867241 81322446 3215027 -77254212 3116825 37773773 41195124 3175125 2240270 34598648 38954854 The Sobrato Foundation supports nonprofits and social impact organizations serving at-risk and vulnerable members of our community. The Foundation also makes investments to support philanthropic activities recommended by individual Sobrato family members. false false 3155332 347786 1186672 General Nonprofit Support: Support for local philanthropic and community based organizations. 3155332 true true false false false false false false false true true false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 4 0 true 0 false false false false false false false false false false false false X 3 3 false true false false false false false true false false false true true true true true true false false false CA X Elizabeth Carey 6504505400 2440 West El Camino Real 300 Mountain View CA 94040 Greg Avis Treasurer Left Dec. 2019 0.5 0 X X 0 0 0 John A Sobrato President 0.5 0.5 X X 0 0 0 Nicole Taylor Treasurer 0.5 40.0 X X 0 648699 10828 Greg Gallo Director 0.5 0.5 X 0 0 0 Lisa Sobrato Sonsini Secretary 0.5 0 X 0 0 0 Rick Williams Secretary Left Sept. 2019 0.5 0 X 0 0 0 0 648699 10828 0 false true false SILICON VALLEY COMMUNITY FOUNDATION 2440 W EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 SUPPORT FEE AND INVESTMENT OVERSIGHT 72453 1 5000000 5000000 RENTAL INCOME 531120 1186672 1186672 0 0 0 0 1186672 93950 93950 0 0 51230 51230 0 51230 51230 0 0 0 0 0 6331852 1186672 0 145180 347786 347786 69808 34904 34904 6298 6298 5148 5148 0 0 0 0 1558728 1558728 1213914 1213914 13345 13345 0 0 0 0 3215027 3155332 59695 0 39825 480710 2536 0 0 45884069 13483976 33498677 32400093 4232735 8314321 0 0 0 37773773 41195124 2983378 2065390 0 191747 174880 3175125 2240270 X 34598648 38954854 34598648 38954854 37773773 41195124 X 3116825 322532 916849 X false true X true false X X X 1 SVCF 205205488 7 true 197786 0 1 197786 0 true false false false false false false false false false false false false false false true false Schedule A, Part I, Line 12g(i) SUPPORTED ORGANIZATION "SVCF" IS AN ABBREVIATION FOR SILICON VALLEY COMMUNITY FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27614316 7671795 19942521 16864874 5235568 11629306 1396552 568286 828266 8327 8327 0 32400093 SVCF CAPITAL PRESERVATION POOL 6872232 F NORTHERN TRUST EQUITY ESG POOL 1442089 F 8314321 SECURITY DEPOSITS 174880 174880 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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 STATEMENT. 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. true SILICON VALLEY COMMUNITY FOUNDATION 2440 WEST EL CAMINO MOUNTAINVIEW CA 94040 205205488 501 (C) (3) 197786 General Nonprofit Support MAGICAL BRIDGE FOUNDATION 552 WAVERLY 200 PALO ALTO CA 94301 812377796 501 (C) (3) 150000 General Nonprofit Support 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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 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 false false false false false false false false false Nicole Taylor Treasurer 0 648699 0 0 0 0 0 0 0 10828 0 659528 0 0 Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE SOBRATO FOUNDATION HAS NO EMPLOYEES. THE COMPENSATION OF THE EMPLOYEES OF THE SILICON VALLEY COMMUNITY FOUNDATION IS SUBJECT TO THE NORMAL REVIEW AND APPROVAL PROCESS OF THE COMMUNITY FOUNDATION. Form 990, Part VI, Line 3 Delegation of management duties THE EMPLOYEES OF THE SOBRATO FAMILY FOUNDATION MANAGE DAY TO DAY OPERATIONS OF THE SOBRATO FOUNDATION. THE SOBRATO FAMILY FOUNDATION WAS NOT REIMBURSED FOR THESE SERVICES. THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, OVERSEE THE GOVERNANCE OF THE SOBRATO FOUNDATION, AND ARE REIMBURSED FOR THESE SERVICES. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body There are no other committees than the governing board. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PLACED ON A SECURED WEB SITE OR SENT BY EMAIL FOR THE GOVERNING BODY TO REVIEW AND COMMENT ON. REVIEW IS VERIFIED BY EMAIL. Form 990, Part VI, Line 12c Conflict of interest policy In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the Executive Vice President of Finance and Operations, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement. Form 990, Part VI, Line 19 Required documents available to the public THE 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 6 DONATED SERVICES RECEIVED THE SOBRATO FOUNDATION RECEIVED DONATED SERVICES FROM THE SOBRATO FAMILY FOUNDATION AND THE SOBRATO ORGANIZATION FOR STAFF SALARIES AND BENEFITS IN 2019. THE VALUE OF THE CONTRIBUTION WAS $3,730,230. Form 990, Part XI, Line 9 Other changes in net assets or fund balances In-Kind Rent - Lease Payable - 916849; SILICON VALLEY COMMUNITY FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 205205488 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) 7 SVCF false WILLIAM H CILKER FAMILY FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770479067 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE DIRK AND CHARLENE KABCENELL FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 721563142 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE BERNARD A NEWCOMB FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770505640 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false RAISING A READER 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 943390149 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE REAL ESTATE TRUST 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 043701887 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false REDDERE FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770557056 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SKOLL FUND 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770528216 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false THE CHONG-MOON LEE FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770414442 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false INTERVALIEN FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 900899545 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false ENTREPRENEURS' FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 943267369 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false NEUBAUER FAMILY CHARITABLE TRUST 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 813609752 GRANTS & COMMUNITY LEADERSHIP PA 501(c)(3) Type I SVCF false DRISCOLL FAMILY FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 770430921 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false SHUCHMAN LESSER FOUNDATION 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 820637263 GRANTS & COMMUNITY LEADERSHIP DE 501(c)(3) Type I SVCF false DESTINATION HOME SV 2440 WEST EL CAMINO REAL 300 MOUNTAIN VIEW CA 94040 823353174 GRANTS & COMMUNITY LEADERSHIP CA 501(c)(3) Type I SVCF false ICONIQ Access 41 (XLI) 394 Pacific Avenue 2nd Floor San Francisco CA 94111 473148077 Investment CA NA N/A ICQ CPE I-B LP 394 Pacific Avenue 2nd Floor San Francisco CA 94111 812686821 Investment CA NA N/A ICONIQ DC Fund I Feeder (TE) LP 394 Pacific Avenue 2nd Floor San Francisco CA 94111 813354580 Investment CA NA N/A ICQ CPE 2018 B LP 394 Pacific Avenue 2nd Floor San Francisco CA 94111 822693176 Investment CA NA N/A ICQ CPE 2019 B LP 394 Pacific Avenue 2nd FLoor San Francisco CA 94111 831825403 Investment CA NA N/A CERBERUS ICQ OFFSHORE LOAN OPPORTUNITIES FUND LP 981280276 Investment CJ na C Corporation Clearlake Opportunities Partners (E-Offshore) LP 233 Wilshire Blvd Suite 800 Santa Monica CA 90401 352533262 Investment CJ na C Corporation false true true false false false false false false false false false true false false false false false false