Driscoll Family Foundation CO Silicon Valley Community Foundation

EIN: 770430921 501(c)(3) Philanthropy & Grantmaking

Mountain View, CA

Total Revenue
$623,839
Total Expenses
$527,724
Total Assets
$15,742,436
Net Assets
$15,739,863
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CA
Phone
6504505400
Tax Period
2023-01-01 to 2023-12-31

Driscoll Family Foundation CO Silicon Valley Community Foundation, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $624K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $96K, a strong 15% operating margin.

Mission

THE DRISCOLL FAMILY FOUNDATION SUPPORTS CAUSES THAT PROMOTE EDUCATION, OCEAN ECOLOGY, AND YOUTH SAILING, ANIMAL WELFARE, AS WELL AS LOCAL COMMUNITY SERVICES SUPPORTED BY SILICON VALLEY COMMUNITY FOUNDATION.

Program Service Accomplishments

Program 1
Expenses: $440,651

GENERAL NONPROFIT SUPPORT - General Nonprofit Support including support for scholarships, support for program operating budget to acquire assets and staff to facilitate identified programs, and...

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GENERAL NONPROFIT SUPPORT - General Nonprofit Support including support for scholarships, support for program operating budget to acquire assets and staff to facilitate identified programs, and support for program related educational seminars.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $623,839
Other Revenue $0
TOTAL REVENUE $623,839

Expense Breakdown

Grants Paid $405,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $440,651
Other Expenses $122,724
TOTAL EXPENSES $527,724

Year-over-Year Comparison

2023 2022 Change
Revenue $623,839 $658,848 -0.1%
Expenses $527,724 $268,663 +1.0%
Net Income $96,115 $390,185 -0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$465,063
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President/Director 2.0
Officer Director
$0 $0 $0
N/A Treasurer/Director 0.5
Officer Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Secretary 0.5
Officer
$0 $34,612 $465,063
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $623,839 $527,724 $15,742,436 $96,115
2022 $658,848 $268,663 $13,582,288 $390,185
2021 $1,205,312 $136,392 $16,679,762 $1,068,920
2020 $1,494,459 $303,370 $14,434,947 $1,191,089
2019 $822,987 $117,688 $12,687,332 $705,299
2018 $831,640 $408,329 $10,306,004 $423,311
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