Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems, engaging donors to make our region and world a better place for all. Silicon Valley Community Foundation is a comprehensive center of philanthropy. Through visionary leadership, strategic grantmaking and world-class experiences, we partner with donors to strengthen the common good locally and throughout the world.
Solomon Hess Capital Management is an alternative asset manager with expertise in place-based impact investing. Our strategies provide investors with competitive, risk-adjusted returns as well as quantifiable, targeted community development impact. We achieve this by investing in Small Business Administration (SBA) 7(a) loans and other community development focused assets. Solomon Hess was founded in 2004 and had $660 million in assets under management as of December 31, 2017. Our flagship fund, the Solomon Hess SBA Loan Fund, has received a credit rating of Aaa-bf from Moody’s Investor Services, reflecting that the assets in the fund are of the highest credit quality. Our motto is “Managing Good Capital Well” and we are committed to helping our investors make a positive difference in their communities, promoting permanent job creation, retention and improvement in low- to moderate-income areas and creating greater financial liquidity and a lower cost of capital within the small business loan secondary market.
To build a better Southern California by supporting nonprofit organizations to more effectively serve the underserved.
In order to achieve this mission and advance equity, the Foundation will use a number of different strategies:
Provide grants and other support designed to improve the capacity and effectiveness of nonprofit organizations working in the areas of health, human services, and education for people and communities who currently face the most obstacles to opportunity.
Give highest priority to organizations working to provide greater access, resources, and opportunities in low-income communities, including for those whose race, gender, immigration status, disability, age, sexual orientation, or zip code has prevented them from realizing the dignities and liberties all people deserve.
Through our responsive and initiative grantmaking, focus greater attention on critical issues that are associated with the growing imbalance of opportunity in Southern California, including: child welfare, immigrant integration, workforce development, re-entry, homelessness, youth development, and public education.
Exercise leadership on issues that strengthen and support the ability of nonprofit organizations to achieve their missions and desired outcomes. This includes advocating for programs, policies, and services that address the needs of communities most lacking in opportunity and access.