Tuesday May 6 was the first ever “Silicon Valley Gives” day – a 24-hour marathon of online giving led by the Silicon Valley Community Foundation. SVGives was a successful event that raised an unprecedented amount of money -7.9 million-for 650 nonprofits in the region.
More than 14,000 individual donors gave money during the 24-hour fundraising campaign, and sponsors including Microsoft, the Sobrato Family Foundation, Kaiser Permanente and the Knight Foundation participated with matching grants and prizes.
Opportunity Fund entered the giving race- SVGives - with a $25,000 matching grant from a generous anonymous donor; and thanks to our community of donors and supporters who answered challenge, we were able to meet our match twice and raise $75,132 for our clients.
This is an unprecedented event in Opportunity Fund's 20 year history - never have our donors rallied so quickly and given so much in a 24 hour period! Because of this momentum, Opportunity Fund finished 11th on the leaderboard (out of 650 nonprofits).
These funds will go to work immediately, supporting 70 Opportunity Fund clients building pathways to prosperity. It's their chance to get ahead, instead of just getting by. It can be a tough thing to do in Silicon Valley. And it's happening because of the support of our community.
“SVGives raises awareness of – and money for – the many terrific organizations working to make our communities stronger, and along the way we are helping nonprofits strengthen their own capacity to attract donors and build for the future,” said Emmett Carson, CEO and president of Silicon Valley Community Foundation.
Thank you for joining SVGives and Opportunity Fund in making philanthropic history.