The largest grant from a private foundation in the community foundation's history will enhance its ability to build coalitions, bring communities together, and make progress against some of the Bay Area's biggest challenges, including the shortage of affordable housing. To that end, the foundation is working to leverage the various resources at its disposal — its donor community, as well as its grantmaking, advocacy, and community organizing activities — in support of racial equity and economic inclusion in the region.
Over the past several years, the foundation has been at the center of a number of initiatives to address homelessness in the city and provide affordable, stable housing for thousands of families living in fear that skyrocketing housing costs could force them to leave. Indeed, earlier this year the foundation was a co-lead of one of the largest affordable housing initiatives in the nation, which includes a campaign to raise $540 million in commitments to advance regional housing solutions. In addition to SFF, funders of the Partnership for the Bay's Future include the Chan Zuckerberg Initiative, the Local Initiatives Support Corporation, the Ford Foundation, Facebook, Genentech, Kaiser Permanente, the Hewlett Foundation, the David and Lucile Packard Foundation, the Stupski Foundation, and the Silicon Valley Community Foundation.
"This grant is an enormous vote of confidence in our work, and we are very excited to put it to good use," said San Francisco Foundation president and CEO Fred Blackwell. "This grant will make us a stronger organization better positioned to help us all work together to achieve the kind of Bay Area where we all feel like we belong."