Where tech, politics & giving meet: CEO Nicole Taylor considers Silicon Valley's busy intersection

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Philanthropy News

Mark Elliot Zuckerberg,General News,CA State Wire

Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation. Located in Mountain View, California, the community foundation’s donors gave out nearly $4.6 billion in 2023. That's a significant increase from the $2.6 billion granted the previous year.

Nicole Taylor, president and CEO of the Silicon Valley Community Foundation, at her office in Mountain View, Calif., Monday, June 24, 2024. Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation. Nicole Taylor, president and CEO of the Silicon Valley Community Foundation, is photographed at her office in Mountain View, Calif., Monday, June 24, 2024.

The foundation doesn’t comment on specific donors or donations, but its reported grants reveal its clients include some of the wealthiest and most powerful people in Silicon Valley. That includes Meta CEO Mark Zuckerberg and his wife Priscilla Chan, other Facebook alumni, and those whose wealth comes from the booming business of artificial intelligence.

A: Donor-advised funds have allowed many, many people to get into get into the game as I like to say. Get off the sidelines and get into the game and really be able to have an impact in ways that weren’t accessible to them before. You don’t have to be wealthy. You don’t have to set up your own private foundation, and it allows you to accumulate some resources and get them out or get them out immediately.

Source: Entertainment Trends (entertainmenttrends.net)

Mark Elliot Zuckerberg General News CA State Wire Priscilla Chan N U.S. News Business Meta Platforms Inc. F Technology A California U.S. News

 

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