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The Thomas and Stacey Siebel Foundation

Profile

Last Updated: 2016-04-15

At A Glance

The Thomas and Stacey Siebel Foundation

1300 Seaport Blvd., Ste. 400

Redwood City, CA United States 94063-5591

Telephone: (650) 299-5200

URL: www.fvgroup.com/philanthropy.htm

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $210,826,726

Total giving: $2,705,000

EIN

943256331

BRIDGE Number

2317971106

Background

Established in 1996 in CA - Founded by Thomas M. and Stacey Siebel. Mr. Siebel was the founder and Chairman of Siebel Systems, a software company that designed customer service applications and that was sold to Oracle Corp in 2005. Mr. Siebel currently serves as Chairman of First Virtual Group, a diversified holding company.

Purpose and Activities

Giving primarily to the Salvation Arm as well as for land conservation and children's scholarships and services.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI in the form of a loan to a foundation for energy.

Siebel Scholars

The program was founded in 2000 to recognize the most talented students at the world's leading graduate schools of business, computer science, and bioengineering and to form an active, lifelong community among an ever-growing group of leaders. Each year, 85 outstanding graduate students are selected as Siebel Scholars based on academic excellence and leadership and receive a $35,000 award toward their final year of studies. The program is funded with grants totaling more than $45 million to Carnegie Mellon University; Harvard University; Johns Hopkins University; Massachusetts Institute of Technology; Northwestern University; Princeton University; Stanford University; Tsinghua University; University of California, Berkeley; University of California, San Diego; University of Chicago; University of Illinois at Urbana-Champaign; and University of Pennsylvania. For more information about Siebel Scholars, please visit www.SiebelScholars.com .

Siebel Stem Cell Institute

The Siebel Stem Cell Institute, established by the Thomas and Stacey Siebel Foundation in 2008, is a joint research initiative between the University of California, Berkeley Stem Cell Center and the Stanford Institute for Stem Cell Biology and Regenerative Medicine — two of the world's leading stem cell research institutions. Since its founding, the Siebel Stem Cell Institute supports innovative research projects and collaboration among top physician-scientists, biologists, chemists, engineers, and computer scientists to harness the potential of regenerative medicine to address intractable diseases and confront challenges presented by aging. The institute has discovered new ways to combat diseases at the molecular level by enabling stem cell growth and has created new therapies to treat breast cancer patients and children with immunodeficiencies with purified blood-forming stem cells. New techniques have been developed to better identify colon and bladder cancers for more accurate analysis and targeted treatment. Researchers have also identified the underlying mechanisms that give rise to leukemia, Alzheimer's disease, and heart disease, and have isolated stem cells that make possible the regeneration of bone, cartilage, and tissue.

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Elementary and secondary education
  • Homeless services
  • Homeless shelters
  • Human services
  • Land resources
  • Shelter and residential care
  • University education
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people
Organizations
  • Supporting organizations (general)

Financial Data

Year ended 2014-12-31

Assets: $210,826,726 (market value)

Expenditures: $3,971,677

Total giving: $2,705,000

Qualifying distributions: $12,722,646