Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation. Located in Mountain View, California, the community foundation’s donors gave out nearly $4.6 billion in 2023. That's a significant increase from the $2.6 billion granted the previous year. Taylor says that spike was thanks to some large donors “who really doubled down big on some things that they cared about.” She expects donors to actively support civic participation and efforts to strengthen democracy in advance of the 2024 election. But she says its hard to predict how much will be spent out this year.
