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steven_and_michele_kirsch_foundation [2023/03/13 17:13] liam | steven_and_michele_kirsch_foundation [2023/03/13 17:45] (current) liam | ||
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The Foundation was formally established in 1999 within the [[Community Foundation Silicon Valley]] (CFSV), which merged with [[Peninsula Community Foundation]] in 2006 to become the [[Silicon Valley Community Foundation]]. The Kirsches had been active philanthropists since the early 1990s, however, through their donor-advised fund at CFSV.((// | The Foundation was formally established in 1999 within the [[Community Foundation Silicon Valley]] (CFSV), which merged with [[Peninsula Community Foundation]] in 2006 to become the [[Silicon Valley Community Foundation]]. The Kirsches had been active philanthropists since the early 1990s, however, through their donor-advised fund at CFSV.((// | ||
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+ | On May 13, 1999, Steve and Michele announced a $1 emergency grant to [[United Way Silicon Valley]]. Steve then reached out to 65 of his wealthy colleagues, resulting in further donations from the [[Gordon and Betty Moore Foundation]], | ||
Between October 1999 and April 2001, the foundation partnered with [[CoreMatter]] (formerly known as AllCharities.com) and helped establish the use of the Internet as a charitable giving vehicle. The partnership ended shortly thereafter and CoreMatter ceased operations.((// | Between October 1999 and April 2001, the foundation partnered with [[CoreMatter]] (formerly known as AllCharities.com) and helped establish the use of the Internet as a charitable giving vehicle. The partnership ended shortly thereafter and CoreMatter ceased operations.((// | ||
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+ | In 2000, the foundation invested in [[pharmaceutical_companies: | ||
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+ | In April 2001, the foundation made a $250,000 investment in [[LearnNow]]. After the company was acquired in July 2001 by [[Edison Schools]], the foundation sold off the majority of its stake. | ||
===== Organization ===== | ===== Organization ===== |