Driscoll Family Foundation CO Silicon Valley Community Foundation
THE DRISCOLL FAMILY FOUNDATION SUPPORTS CAUSES THAT PROMOTE EDUCATION, OCEAN ECOLOGY, YOUTH SAILING, and ANIMAL WELFARE, AS WELL AS LOCAL COMMUNITY SERVICES SUPPORTED BY SILICON VALLEY COMMUNITY FOUNDATION.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$1.0M
Total Expenses
$217K
Net Assets
$18.1M
Employees
0
Volunteers
5
Grants Paid
$70K
Program Expense Ratio
51.6%
This nonprofit profile presents IRS Form 990 tax filing data for Driscoll Family Foundation CO Silicon Valley Community Foundation (EIN: 77-0430921), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
Chat with Driscoll Family Foundation CO Silicon Valley Community Foundation's data & any nonprofit
Coming SoonCompare organizations, analyze trends, and ask questions about Driscoll Family Foundation CO Silicon Valley Community Foundation's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.
Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Driscoll Family Foundation CO Silicon Valley Community Foundation is a 501(c)(3) nonprofit headquartered in Mountain View, CA, founded in 1997. The organization has held tax-exempt status since 1997. In its 2024 filing, the organization reported $1.0M in total revenue, a 67.2% increase from the prior year, and $217K in total expenses. The organization engaged 5 volunteers. Chanthi Lune, Treasurer/Secretary, is the highest-compensated individual at $542,491. The organization runs 2 programs, totaling $112K in program expenses. 4 of 6 recommended governance policies are in place.
Driscoll Family Foundation CO Silicon Valley Community Foundation is classified under NTEE code T20J. Its foundation type is 17.
Programs(Tax Year 2024)
2 records
Driscoll Family Foundation CO Silicon Valley Community Foundation operates 2 programs, with total program expenses of $112K. Driscoll Family Foundation CO Silicon Valley Community Foundation's largest program accounts for 91% of total program spending.
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.
The Foundation also provides grants to philanthropic and community based organizations to further programs rooted in education, youth development, and public safety.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Driscoll Family Foundation CO Silicon Valley Community Foundation's revenue has grown from $823K to $1.0M, a 26.7% increase. Program expenses represent 52% of total spending.
Revenue increased 67.2% year-over-year, while expenses declined 58.9%. net assets rose to $18.1M, up 14.8% from the prior year.
Driscoll Family Foundation CO Silicon Valley Community Foundation derives 100% from investment income.
Driscoll Family Foundation CO Silicon Valley Community Foundation allocates 52% to programs, 48% to management and general.
Revenue grew by 67.2% while expenses declined by only 58.9%, suggesting improving operational efficiency.
Driscoll Family Foundation CO Silicon Valley Community Foundation distributed $70K in grants to other organizations and individuals, representing 32% of total expenses.
Over 6 filings from 2019–2024, Driscoll Family Foundation CO Silicon Valley Community Foundation grew revenue from $823K to $1.0M (+26.7%) while maintaining a program expense ratio of 52%.
Driscoll Family Foundation CO Silicon Valley Community Foundation holds $18.1M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 999.3 months of operating reserves. Cash and equivalents of $41K cover approximately 2.2 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $1.0M | $0 | $0 | $0 | $1.0M |
| 2023 | $624K | $0 | $0 | $0 | $624K |
| 2022 | $659K | $140K | $0 | $0 | $539K |
| 2021 | $1.2M | $0 | $0 | $0 | $1.2M |
| 2020 | $1.5M | $0 | $0 | $0 | $1.5M |
| 2019 | $823K | $0 | $0 | $0 | $823K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $217K | $112K | $105K | $0 | $70K |
| 2023 | $528K | $441K | $50K | $0 | $405K |
| 2022 | $269K | $182K | $87K | $0 | $145K |
| 2021 | $136K | $48K | $88K | $0 | $10K |
| 2020 | $303K | $231K | $73K | $0 | $200K |
| 2019 | $118K | $48K | $69K | $0 | $20K |
Program Expense Ratio
51.6%
Admin Expense Ratio
48.4%
Fundraising Efficiency
—
Operating Reserve
999.3 mo
People & Compensation(Tax Year 2024)
6 records
Driscoll Family Foundation CO Silicon Valley Community Foundation reported compensation for 6 officers and key employees. Total officer compensation was $542K, representing 250.1% of total expenses. 1 individual received total compensation exceeding $500,000.
Driscoll Family Foundation CO Silicon Valley Community Foundation's highest-compensated individual received $542K in total compensation. Total officer compensation of $542K represents 250.1% of total expenses. 1 individual received total compensation exceeding $500,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Chanthi Lune | Treasurer/Secretary | Officer | 0.50 | $0 | $493,848 | $542,491 |
| Robin Driscoll | President/Director | OfficerDirector | 2.00 | $0 | $0 | $0 |
| Lindy Driscoll | Director | OfficerDirector | 0.50 | $0 | $0 | $0 |
| Douglas Chance | Director | Director | 0.50 | $0 | $0 | $0 |
| Kia Sullivan | Director | Director | 0.50 | $0 | $0 | $0 |
| William Terry | Director | Director | 0.50 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
Chanthi Lune
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2024)
Driscoll Family Foundation CO Silicon Valley Community Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 5 of whom are independent.
Driscoll Family Foundation CO Silicon Valley Community Foundation's financial statements are audited, an audit committee oversees the process.
Driscoll Family Foundation CO Silicon Valley Community Foundation has family or business relationships among officers, directors, or key employees, and delegates management duties to an outside firm.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
1 record
Driscoll Family Foundation CO Silicon Valley Community Foundation awarded $60K across 1 grant to organizations. Top recipients include Silicon Valley Community Foundation (Mountain View, CA) — $60K for general nonprofit support.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| Silicon Valley Community Foundation205205488 | Mountain View, CA | $60K | General Nonprofit Support |
Filing History(Tax Years 1997–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $1.0M | $217K | $18.1M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $624K | $528K | $15.7M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $659K | $269K | $13.6M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $1.2M | $136K | $16.7M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $1.5M | $303K | $14.4M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $823K | $118K | $12.7M |
| 1997–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Driscoll Family Foundation CO Silicon Valley Community Foundation do?
THE DRISCOLL FAMILY FOUNDATION SUPPORTS CAUSES THAT PROMOTE EDUCATION, OCEAN ECOLOGY, YOUTH SAILING, and ANIMAL WELFARE, AS WELL AS LOCAL COMMUNITY SERVICES SUPPORTED BY SILICON VALLEY COMMUNITY FOUNDATION.
How much revenue does Driscoll Family Foundation CO Silicon Valley Community Foundation have?
Driscoll Family Foundation CO Silicon Valley Community Foundation reported $1,042,885 in total revenue for tax year 2024, up 67.2% from the prior year.
Who is the highest-paid executive at Driscoll Family Foundation CO Silicon Valley Community Foundation?
Chanthi Lune, Treasurer/Secretary, received $542,491 in total compensation as of tax year 2024.
Is Driscoll Family Foundation CO Silicon Valley Community Foundation a 501(c)(3)?
Yes, Driscoll Family Foundation CO Silicon Valley Community Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is Driscoll Family Foundation CO Silicon Valley Community Foundation located?
Driscoll Family Foundation CO Silicon Valley Community Foundation is headquartered in Mountain View, CA 94040.
Is Driscoll Family Foundation CO Silicon Valley Community Foundation audited?
Yes, Driscoll Family Foundation CO Silicon Valley Community Foundation's financial statements are audited, and the organization has an audit committee.
Does Driscoll Family Foundation CO Silicon Valley Community Foundation give grants?
Yes, Driscoll Family Foundation CO Silicon Valley Community Foundation distributed $70,000 in grants to other organizations and individuals in tax year 2024. Top recipients include Silicon Valley Community Foundation.
Data Source
Prepared by: Crowe LLP, Plano, TX
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
Ask anything about
any nonprofit
Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.
Trusted by nonprofit professionals
3.6M+
IRS Filings
1.7M+
Organizations
28M+
Comp Records