1. How the New Wave of Tech Philanthropists Are Using Complex Assets to Make
A Big Impact
Presented by
Mari Ellen R. Loijens
Erik Dryburgh

2. Introductions Mari Ellen R. Loijens, CFRE
Chief Business, Development and Brand Officer
Silicon Valley Community Foundation
Erik Dryburgh, J.D.
Principal
Adler & Colvin

3. About Adler & Colvin The mission of Adler & Colvin is:
To provide legal services and support to the nonprofit and philanthropic sector in the U.S., including:
providing outstanding specialized legal services and resources to clients; educating organizations, other service providers, and the public about nonprofit and philanthropic law and culture through teaching, publishing, and other means; and improving the laws that apply to the nonprofit and philanthropic sectors.
Adler & Colvin is a for-profit law firm focused for over 30 years on helping its clients promote a better world.

4. About SVCF
Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems.
As the largest community foundation in the world, we engage donors and corporations from Silicon Valley, across the country and around the globe to make our region and world better for all.
Our passion for helping people and organizations achieve their philanthropic dreams has created a global philanthropic enterprise committed to the belief that possibilities start here.

5. $1.3 BILLION $49.7 MILLION $19.2 MILLION $8.2 BILLION $1.4 BILLION
SVCF By the Numbers
In 2016, SVCF and our donors gave:
$1.3 BILLION
In grants to charities around the world
$49.7 MILLION
In grants from Corporate Advised Funds
$19.2 MILLION
In grants and disbursements from SVCF’s discretionary funds
In 2016, SVCF had:
$8.2 BILLION
In assets under management
$1.4 BILLION
In contributions received

6. Why Cash is Not Always King

7. The Trendsetter

8. In the News

10. Amount SVCF Has Accepted in complex gifts since 2011
$2.3 Billion

11. Case Studies

12. Case Study: Square Square Directed Share Program
Shares held through lock-up
Results:
Mission of company and founder supported through gift
Immediate liquidity for grantmaking
SVCF able to further donor’s philanthropic interests

13. What do the lawyers worry about?
Case Study: Facebook
What do the lawyers worry about?
Can the donor give the stock at all?
“Do no harm.”
Will the charity get any cashflow?
Will there be a liquidity event?
Valuation.
Securities law.

14. Case Study: Partnership Interest
Examples
Typically an investment partnership
What do the lawyers worry about?
Can the donor give the interest at all?
“Do no harm.”
Limited partner
Capital calls
Phantom income
Will the charity get any cashflow?
Will there be a liquidity event?
Valuation.

15. Questions?
© 2016 SILICON VALLEY COMMUNITY FOUNDATION

16. Thank You For more information, please contact: Mari Ellen R. Loijens
Chief Business, Development and Brand Officer
Silicon Valley Community Foundation
Erik Dryburgh
Principal
Adler & Colvin
@mrloijens
© 2017 SILICON VALLEY COMMUNITY FOUNDATION