Silicon Valley Community Foundation Raises $7.8 Million in One Day

The has announced that it raised $7.8 million during its one-day campaign earlier this week.

Based on preliminary results, more than seventeen thousand unique donors made contributions to nonprofit organizations in San Mateo, Santa Clara, and San Benito counties during the event, which kicked off at midnight on Tuesday and ended twenty-four hours later at 11:59 p.m. About eighty charities in San Francisco that serve residents of Silicon Valley also participated in the event.

During the event, nonprofits encouraged their supporters and the public to make charitable donations online at the SVGives website, where they could donate as little as $10 to any one of more than eight hundred and fifty participating charities. In addition, throughout the day, some gifts were eligible to be matched by pledges from individuals and corporations in the region.

"Silicon Valley residents showed their generosity and connection to their communities," said Emmett Carson, CEO of the foundation, which hosted the event with support from lead sponsor Microsoft and more than seventy other sponsors. "Nonprofit organizations spent countless hours getting the word out about the needs facing our region, and more than seventeen thousand people responded by donating. We had more people participate in giving, more gifts, and more nonprofit organizations on board than last year. It’s a community effort we can all be proud of."

"." Silicon Valley Community Foundation Press Release 05/06/2015.