Silicon Valley Community Foundation to Award $1 Million for Food, Shelter, and Basic Needs

The Silicon Valley Community Foundation has announced that it will award $1 million in grants during 2008 to help provide food, shelter, and other basic needs as part of its new grantmaking strategy.

The grants will be the first to reflect new strategies adopted by SVCF to address the most pressing challenges in San Mateo and Santa Clara counties. The foundation plans to award between $8 million and $10 million in discretionary funds over the next twelve months in five key areas: economic security, immigrant integration, education, regional planning, and a new community opportunity fund that will award grants to "safety net" providers as well as seed money to organizations with innovative ideas.

The new strategies grew out of an extensive, research-based process that included input from hundreds of community and government leaders, academics, grantees, donors, and residents of the two counties.

"Safety net providers in our region are in the midst of an unprecedented crisis," said SVCF president and CEO Emmett Carson. "More people are seeking help, but the cost of providing services is rising while funding from financially strapped state and local governments is dropping. Nonprofits are trying harder than ever to do more with less, but we felt there was an urgent need for more help."

"Silicon Valley Community Foundation to Award $1 Million for Food, Shelter, and Basic Needs." Silicon Valley Community Foundation Press Release 09/10/2008.