Silicon Valley Community Foundation is a Community Foundation (in contrast to a Private Foundation), which means that they manage lots of different pools of mon

Silicon Valley Community Foundation is a Community Foundation (in contrast to a Private Foundation), which means that they manage lots of different pools of money from different sources. It also means that donations to them are tax-deductible in the exact same way it is with other charities[1]. I'm not familar with the specifics of the Silicon Valley Community Foundation, but it looks like SV Community Foundation, similar to most Community Foundations, does a lot of work managing what are known as donor-advised funds. Check out this Wikipedia page for some good info: http://en.wikipedia.org/wiki/Donor_advised_fund http://en.wikipedia.org/wiki/Donor_advised_fund 1. Private Foundations have a few different rules in place, including lower maximum deductibility for donors, required 5% funds disbursement to charitable organizations, etc. Check out this link for a comparison http://www.programforgiving.org/charitable/pages/consideringDonorAdvisedFund.jsp http://www.programforgiving.org/charitable/pages/considering...