Learn more about SVB 30 years | 30 causes
Clean water and safe, non-toxic environments are foundational to living well, working hard, and maintaining a high-quality of life. . . all things we want for the communities we serve around the world. As part of our 30 Years | 30 Causes campaign in honor of Silicon Valley Bank's 30th year in business, more than 100 of our San Francisco-based employees, their families, and many based on the Peninsula and South Bay as well pledged an afternoon to the EcoCenter at Heron's Head Park (a former PG&E power plant site). Through some wind, dirt, sweat, but thankfully, no tears that I am aware of . . . we all made a positive impact on our local environment.
Our dedicated team spent the afternoon at the park removing invasive plant species (the technical term for heavy duty weeding), which threaten the biological diversity of the wetland. This area is currently home to two endangered species, one plant and one bird species that will be protected with the help of volunteers. We also spent time mulching, planting in some very hardpan soil, and watering the fragile ecosystem. Wetlands like this are rare, especially in San Francisco.
Over our 30 year history, SVB has cultivated a culture of community service, with employees who are fully dedicated to helping our clients, each other, the greater community and our environment. Our team showed up in full force for this effort, which is really no surprise since our employees dedicate thousands of hours per year to worthy causes around the world.
Located in the Bayview Hunter's Point neighborhood, which is currently a redevelopment area; one of the lowest income census tracts in the city of San Francisco, the EcoCenter is the city's first completely off-grid building and environmental justice education center in the Bay Area. It is committed to environmental education and has offered the Literacy for Environmental Justice (LEJ) program as part of its youth service program since 1998. Through the program, students gain hands-on experience in environmental stewardship, ecology, and information about how natural systems of the earth impact our environments and lives. LEJ also helps Bay Area youth develop college and career skills through ongoing projects and job opportunities at EcoCenter.
Volunteers group photo
Lastly, I'd like the highlight that our own Community Development Finance team (located in the SanFrancisco office) financed the Hunter's View affordable housing project that is adjacent to the EcoCenter. SVB provided a $10,000,000 participation loan (lead lender was Citibank; $41,000,000 loan) and also sponsored the project as part of an Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of SF for $1,000,000. Total project costs were approximately $95,000,000. SVBers can be very proud to have helped to positively impact the Bayview Hunter's Point neighborhood and its redevelopment.
HandsOn Bay Area is the EcoCenter's official volunteer partner. To explore volunteer opportunities and sign-up, please visit HOBA.org.
About 30 Years | 30 Causes
The “30 Years |30 Causes” campaign was developed after Silicon Valley Bank crowd sourced ideas from its employees to celebrate its 30th anniversary. The company will host 30 community service events around the world near each of its offices in 2013. A listing of SVB’s 30 Years | 30 Causes events, as well as photos, will be updated at www.svb.com/svb-30-years/ and www.facebook.com/SVBFinancialGroup Follow @SVB_Financial’s community service initiatives on Twitter with #SVB30. Points of Light is assisting SVB with the development and execution of these events worldwide.