Sobrato Organization named Silicon Valley’s Top Corporate Philanthropist by Silicon Valley Business Journal
The Sobrato Family gave more than $13.1 million in cash to the region in 2011, ranking it 1st in the Silicon Valley Business Journal’s list of the Valley’s Top 50 corporate philanthropists. John A. Sobrato, John M. Sobrato and Lisa Sobrato Sonsini attended the Business Journal’s November 1st event to receive the Corporate Philanthropy award, as well as honor this year’s Impact Award Winners: California’s Great America, Sessions, and NVIDIA.
The Business Journal also published a cover story on the Sobrato Family’s impact in its November 2 issue, highlighting the family’s long commitment to place-based giving, and its focus on closing the opportunity gap for English language learners. All the monies granted to SV organizations originate at The Sobrato Organization—whether through sales of buildings or profits on other real estate activities, the family’s business funds all Sobrato Philanthropy vehicles. (Not included in this amount is the market value of tenant leases at the three Sobrato Centers for Nonprofits.)