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

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Technology,Priscilla Chan,Business

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

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.

We actually don’t have to do much to encourage our donors to give it out. ... We set up issue area funds so that if they’re not quite sure what they want to give to, they can give to our housing fund or immigration fund or we have a civic engagement fund, a journalism fund. ... And then, we have an inactive fund policy. After two years, if you don’t make any grants, we actually take that and put it into our community fund.

 

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