2017-05-15T12:43:51-05:00 2016-06-30 463781405 DB OLSEN & COMPANY LLP 500 YGNACIO VALLEY RD SUITE 328 WALNUT CREEK CA 94596 990 2015-07-01 270220018 PROSPECT SILICON VALLEY PROS 4082739224 1608 LAS PLUMAS SAN JOSE CA 95133 RUTH COX CEO 4082739224 2017-05-12 1 DON OLSEN P00367469 9259338900 2015 2021-01-29 14:40:06Z RUTH COX 1608 LAS PLUMAS SAN JOSE CA 95133 974432 0 X WWW.PROSPECTSV.ORG X 2009 CA TO FOSTER INNOVATION AND POSITIVE SOCIAL IMPACT THROUGH TECHNOLOGY DEMONSTRATION SUPPORT AND COMMUNITY PARTNERSHIP TOWARD SUSTAINABLE URBAN SYSTEMS. 6 6 0 0 0 0 675944 454524 406100 500580 0 1 2000 19327 1084044 974432 0 0 0 0 580009 691271 0 0 56239 576027 609593 1156036 1300864 -71992 -326432 438581 375538 125820 127209 312761 248329 X AS REFLECTED IN THE AMENDED AND RESTATED ARTICLES OF INCORPORATION FILED IN MARCH 2015, PROSPECT SILICON VALLEY ("PROSPECTSV") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR PUBLIC AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.A PRIMARY PURPOSE OF PROSPECTSV IS TO SUPPORT AND ASSIST THE CITY OF SAN JOSE, CALIFORNIA IN OPERATING THE CLEAN TECH DEMONSTRATION CENTER AT THE ENVIRONMENTAL INNOVATION CENTER AND TO DEVELOP, IMPLEMENT, AND SUPPORT DEMONSTRATION AND COMMERCIALIZATION ACTIVITIES FOR CLEAN TECH AND OTHER EMERGING TECHNOLOGIES IN THE CITY OF SAN JOSE, CALIFORNIA. 0 0 832535 500580 PROSPECTSV IS A NON-PROFIT COMMERCIALIZATION CATALYST ASSISTING EMERGING TECHNOLOGY COMPANIES WITH A PATHWAY TO MARKET, BRINGING HIGH-IMPACT SOLUTIONS FORWARD IN THE BAY AREA. PROSPECTSV'S TEAM OF HIGHLY QUALIFIED TECHNICAL AND MARKET EXPERTS ASSIST STARTUPS WITH A SUITE OF COMMERCIALIZATION SERVICES, AND COLLABORATES WITH BAY AREA ENVIRONMENT AND OVERALL QUALITY OF LIFE. DRAWING TOGETHER THE GOVERNMENT, BUSINESS AND INSTITUTIONAL LEADERSHIP INTO COLLABORATIVE PARTNERSHIP, THE PROSPECTSV TEAM DEVELOPS LOCAL INITIATIVES WITH AN AIM TOWARD GLOBAL IMPACT. TO LEARN MORE VISIT WWW.PROSPECTSV.ORG.BUILDINGS:OUR STRATEGY IS STRAIGHTFORWARD: LAUNCH A BAY AREA PLATFORM OF PUBLIC AND PRIVATE BUILDING PARTNERS TO HELP COMPANIES COMMERCIALIZE INNOVATIVE BUILDING SOLUTIONS, AND HELP POSITION THEM FOR INVESTMENT AND MARKET READINESS. THE APPROACH IS AIMED AT PROVIDING USE CASES FOR ESTABLISHED TECHNOLOGY COMPANIES AS WELL AS START-UPS. THE PLAN INCLUDES FORMING A REGIONAL PORTFOLIO OF COMMERCIAL-SCALE BUILDINGS AND PILOT SITES TO PROVIDE EMERGING COMPANIES UNIQUE OPPORTUNITIES FOR EARLY DEMONSTRATION AND FIELD TRIALS.TRANSPORTATION:TECHNOLOGY IS CHANGING THE WAY WE ACCESS, USE, AND PERCEIVE MOBILITY. THE ADVENT OF HIGH-PERFORMANCE ELECTRIC VEHICLES, CONNECTED VEHICLES, AUTONOMY, AND THE SHARED ECONOMY ARE TRANSFORMING TRANSPORTATION GLOBALLY. PROSPECT SILICON VALLEY, WORKING WITH PRIVATE SECTOR PARTNERS AND LOCAL COMMUNITIES, ARE BUILDING AN INNOVATIVE PUBLIC-PRIVATE PARTNERSHIP THAT WILL USHER IN THE NEXT GENERATION OF TRANSPORTATION TECHNOLOGY, AND OFFER TRULY UNIQUE PLATFORMS FOR INNOVATION AT THE LAB, FIELD, AND COMMUNITY SCALE.BACC:THE BAY AREA CLIMATE COLLABORATIVE (BACC), A PROGRAM OF PROSPECT SILICON VALLEY, IS A PUBLIC-PRIVATE INITIATIVE ESTABLISHED BY BUSINESS AND CIVIC LEADERS IN 2009 TO ACCELERATE THE CLEAN ENERGY IMPLEMENTATION. BACC PROGRAMS HAVE COMMITTED OVER 100 MILLION LBS CO2 AVOIDED OVER THE NEXT 10 YEARS THROUGH ITS MARKET ORIENTED INIATIVES. BACC INITIATIVES INCLUDE FACILITATING THE DEPLOYMENT OF 140 ELECTRIC FLEET VEHICLES, OVER 150 EV CHARGE PORTS, 85,000 LED STREET LIGHTS, AND DEVELOPING INNOVATIVE PROGRAMS SUCH AS ENERGIZE SCHOOLS. ANCHOR PARTNERS INCLUDE THE SILICON VALLEY LEADERSHIP GROUP, BANK OF AMERICA, PG&E, ENVIRONMENTAL DEFENSE FUND, MAJOR CLEAN ENERGY INDUSTRY PARTNERS, AND LOCAL GOVERNMENTS REPRESENTING OVER 70 PERCENT OF THE BAY AREA POPULATION. FOR MORE INFORMATION ON THE BACC, PLEASE VISIT WWW.BACLIMATE.ORG. 832535 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X RUTH COX 8059066159 1608 LAS PLUMAS SAN JOSE CA 95133 GORDON HO CHAIRMAN 1.00 X X 0 0 0 MICHAEL WU BOARD MEMBER 1.00 X 0 0 0 VIJAY SAMMETA BOARD MEMBER 1.00 X 0 0 0 RICK HUTCHINSON BOARD MEMBER 1.00 X 0 0 0 KIM WALESH BOARD MEMBER 1.00 X X 0 0 0 DOUG DAVENPORT EXECUTIVE DIRECTOR 40.00 X X 180000 0 0 180000 0 0 1 0 1 0 0 424500 30024 454524 FEE FOR SERVICE 525990 381528 381528 OTHER PROGRAM FEES 525990 119052 119052 500580 1 1 19327 424500 0 19327 19327 974432 500580 0 19328 X 180000 180000 442473 282983 108876 50614 23634 10984 11476 1174 45164 34511 7308 3345 245261 195571 48584 1106 1821 1766 55 367613 100330 267283 MISCELLANEOUS 42994 23633 19361 SUPPLIES 3407 2757 650 INDIRECT COSTS -51503 -51503 1300864 832535 412090 56239 142499 107907 290436 264055 4879 2809 767 767 438581 375538 125820 127209 125820 127209 X 209198 208007 103563 40322 312761 248329 438581 375538 -326432 262000 0 X 0 0 0 X 230896 187500 675944 454524 1548864 230896 187500 675944 454524 1548864 1548864 1548864 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FUNDRAISING EVENTS 443827 424500 19327 443827 424500 19327 19327 0 0 0 0 0 0 0 0 0 DOUG DAVENPORT EXECUTIVE DIRECTOR 180000 0 0 0 0 0 0 0 0 0 180000 0 0 0 X RENT REDUCTION 1 262000 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO BEING PROVIDED TO THE BOARD AND FILING. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 IN 2015, THE ORGANIZATION ADOPTED A CONFLICT OF INTEREST POLICY. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 151,353. MANAGEMENT AND GENERAL EXPENSES 517. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,870. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 40,732. MANAGEMENT AND GENERAL EXPENSES 34,408. FUNDRAISING EXPENSES 597. TOTAL EXPENSES 75,737. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 3,486. MANAGEMENT AND GENERAL EXPENSES 13,659. FUNDRAISING EXPENSES 509. TOTAL EXPENSES 17,654.