Silicon Valley Philanthropy: The Disconnect and Opportunity
In 2016, a report on philanthropy in Silicon Valley revealed a major disconnect between donors and the local community. The report found that 90% of philanthropic dollars leave the region and of the dollars that stay, the vast majority are given to hospitals and universities. The good news, and the opportunity, is that the report revealed that our booming Silicon Valley community houses more than 76,000 millionaires and billionaires. American Leadership Forum Silicon Valley CEO Suzanne St. John-Crane speaks with ALF Senior Fellows Carol Larson, CEO of the Packard Foundation, and Rick Williams, CEO of the Sobrato Family Foundation at a San Jose Rotary Club meeting on how we as a community must play a role in creating a “give where you live” culture.