Adding to the range of organizations receiving grants through the Sobrato Family Foundation, support for causes of particular interest to individual family members comes through the form of Donor Advised Funds (DAFs).
Funded through the sale of Sobrato real estate holdings, DAFs allow individual family members to make grants to a wider set of causes of personal interest—medical research, environmental sustainability, or global women and children’s issues—that lie beyond the focus of the Sobrato Family Foundation. (All individual giving is directed by family members, and direct solicitations are not accepted.)
The family’s cumulative DAF giving between 1996 and 2016 totaled $124.7 million. The Silicon Valley Community Foundation hosts these funds, along with the Sobrato Foundation public charity / support organization which operates the Sobrato Centers for Nonprofits.
LPCH Photo by Dino Vournas/Silicon Valley-San Jose Business Journal