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Employee-volunteers help firm win top philanthropy award

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in HR Management,Human Resources

At SVB Financial Group in Santa Clara, Calif., employees pitch in with philanthropy.

Named a Top Corporate Philan­thro­pist by the San Francisco Business Times, the parent company of Silicon Valley Bank donated more than $450 per employee, or nearly $600,000, to charitable causes in 2010.

Much of that came from employee participation in charitable events. Exam­ples: SVB employees raised more than $130,000 for Red Cross tsunami and earthquake relief in Japan and $48,000 for Second Harvest’s Share Your Lunch program by donating cash and their vacation days.

For the second half of 2011, SVB’s fundraising goals are focused on two fall events: the Best Buddies Challenge and the Leukemia and Lymphoma’s Light the Night campaign.

The organization supports charitable organizations through donations, its Community Development Finance group, direct employee donations, companywide and local fundraisers, employee volunteerism and grants by the SVB Foundation.

Contact: Carrie Merritt, (503) 574-3705.

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