Supporting a strong nonprofit ecosystem
Silicon Valley is known for innovation and success, but many opportunities are out of reach for most residents. The San Jose area is now the nation’s second-most-expensive housing market, with a median home value of nearly $900,000.
The regional cost of living is so high that almost 30 percent of Silicon Valley residents rely on some form of public or private assistance. With income inequality on the rise, one in four people in Silicon Valley experiences food insecurity.
Our nonprofit partners are providing critical services to communities every day to address the needs of low-income individuals and families. In order to support their clients, nonprofits need philanthropy. We invest in the Silicon Valley nonprofit sector by providing general operating support, rent-free office space and capacity-building support, among other assistance. We believe it’s critical to support the nonprofit sector to ensure that effective and sustainable organizations are serving the community.