The county announced today its approval of $3 million to be dispersed in support of nonprofit and community organizations, vital services, and residents with low incomes.
The approval took place over webcam at today’s virtual Board of Supervisors meeting.
Two of the $3 million will go to the Silicon Valley Community Foundation’s COVID-19 Coronavirus Regional Response Fund, to funnel financial assistance toward the county’s homeless population. The other $1 million is for the Silicon Valley Community Foundation’s COVID-19 Coronavirus Nonprofit Support Fund.
The $3 million comes as part of an emergency assistance program which has to date brought in or secured pledges for private and public funds exceeding $11 million—from the following:
$2 million from Cisco
$1.5 million from Western Digital
$1 million from Adobe
$1 million from Destination: Home
$500,000 from Zoom
$500,000 from Broadcom
$300,000 from Micron*
$150,000 from Facebook
$100,000 from Infosys
$100,000 from Silver Lake
$100,000 from Hewlett Packard Enterprise
*part of a $500,000 commitment to the Silicon Valley Strong Fund