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Sand Hill Foundation
Sand Hill Foundation was established in 1994 by Susan Ford Dorsey and Tom Ford, with wealth originating from Tom Ford's real estate development firm, Sand Hill...
Sand Hill Foundation
Sand Hill Foundation was established in 1994 by Susan Ford Dorsey and Tom Ford, with wealth originating from Tom Ford's real estate development firm, Sand Hill Property Company. The foundation's corpus was substantially funded by proceeds from the sale of its 13-building office portfolio on Sand Hill Road, a stretch Tom Ford helped develop into the epicenter of venture capital on the West Coast. Susan Ford Dorsey, a former CFO of Ford Land Company, serves as President and directs the foundation's strategy, while her husband Michael Dorsey serves as Treasurer. The foundation deploys capital exclusively through grantmaking, having distributed over $154 million since 1995 to organizations in San Mateo County. Its dual mandate targets economic stability and wellness for low-income families alongside advocacy for a sustainable environment. Unlike many perpetual endowments, Sand Hill has publicly committed to accelerating its payout and plans to grant the majority of its assets by 2029, an explicit spend-down strategy that positions it as a time-limited vehicle rather than a permanent institution. Geographic focus remains tightly bound to the local community surrounding its Menlo Park base. Susan Ford Dorsey's governance footprint extends beyond the foundation through board roles at the Hoover Institution and as a Trustee of the Environmental Defense Fund. She also chairs the board of the Lucile Packard Foundation for Children's Health, a role that connects to the foundation's legacy — Tom Ford provided building and development counsel during the hospital's creation. The foundation itself participates in Thrive, the Alliance of Nonprofits for San Mateo County, reinforcing its hyper-local orientation. There are no disclosed adjacent investment vehicles, operating businesses, or co-investor networks connected to the foundation. The foundation's most significant structural differentiator is its finite lifespan. Where most family foundations are designed for perpetuity, Sand Hill Foundation has a declared endpoint — a 35-year deployment arc that redirects the Ford family's real estate wealth fully into community institutions by the end of this decade. This sunset provision shapes every grant decision, removing long-term endowment preservation as a constraint and enabling larger, faster payouts than a perpetual foundation's required 5% minimum distribution would allow.
General information
Firm type
Endowment / Foundation
Year founded
1994
Location
Region
North America
Country
United States
City
Menlo Park
Corporate office
3000 Sand Hill Road #4-130, Menlo Park, CA 94025, United States
Principals
Susan Ford Dorsey
President
Tom Ford
Founder (deceased)
Michael Dorsey
Treasurer
Sector focus
Frequently asked questions
What is the origin of Sand Hill Foundation's endowment?
The foundation's assets trace to the real estate portfolio assembled by Tom Ford, founder of Sand Hill Property Company. Ford developed and owned 13 office buildings along Sand Hill Road in Menlo Park — a corridor that became the physical home to many of Silicon Valley's top venture capital firms. The sale of that portfolio, managed by business partner Gary Wimmer of Ford Land Company, provided the bulk of the foundation's grantmaking corpus.
Why is Sand Hill Foundation spending down its assets by 2029?
The foundation has made an explicit structural decision to operate on a limited-life basis rather than in perpetuity. By committing to grant the majority of its assets within a 35-year window from founding, it can distribute capital at a rate far exceeding the 5% minimum required of perpetual foundations. The choice reflects a philanthropic philosophy that prioritizes near-term community impact over institutional longevity.
Does Sand Hill Foundation make program-related investments or only grants?
Based on its public disclosures, Sand Hill Foundation operates as a pure grantmaker and does not maintain a program-related investment (PRI) or mission-related investment (MRI) portfolio. Its activity is concentrated on direct grants to locally-based organizations in San Mateo County.
What is Susan Ford Dorsey's role outside the foundation?
Susan Ford Dorsey holds governance positions at several major institutions. She serves on the Board of Overseers of the Hoover Institution at Stanford University and as a Trustee of the Environmental Defense Fund. She also chairs the board of the Lucile Packard Foundation for Children's Health, a role that connects to the Ford family's early involvement with the Lucile Packard Children's Hospital.
How is the foundation's grantmaking geographically restricted?
The foundation maintains an intentionally narrow geographic focus, funding organizations that serve San Mateo County exclusively. Its headquarters at 3000 Sand Hill Road sits within the community it serves, and its participation in Thrive, the Alliance of Nonprofits for San Mateo County, reinforces this local-first mandate. No grants are made to national or international organizations outside this designated area.
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