The William, Jeff, and Jennifer Gross Family Foundation in Laguna Beach, California, has announced that it made grants totaling nearly $21.5 million in 2018.
The twenty-eight grants provided support for a variety of initiatives, from helping people with limited access to food to international human rights campaigns. Recipients include the New York Times Neediest Cases Fund ($2.2 million), Doctors Without Borders ($2.2 million), Action Against Hunger ($1.2 million), Orange County Teachers of the Year ($1.1 million), CHOC Small Baby Unit ($5 million), Harbor Day Endowment Corp. ($2 million), the VII Foundation ($4.8 million), and the SDSN Association ($1.35 million).
"I am pleased to work with my son Jeff and daughter Jennifer in identifying and supporting worthy and important causes that benefit California as well as global communities," said William Gross, an investor, fund manager, and philanthropist who co-founded Pacific Investment Management Co. (PIMCO), the largest fixed income investment company in the world. "We are committed to doing our part to help others in their times of need, as well as furthering educational and healthcare organizations that are working to create better lives locally and around the world."