In the recession, a perfect storm of dramatically reduced government, foundation, and individual donations hit the network of organizations serving the region’s most vulnerable people–rendering many on the brink of survival. The San Francisco Foundation acted quickly to shore up the region’s safety net. We made a $15 million commitment over three years to support [...]
Friday, December 14, 2012 in the San Francisco Business Times, “Nonprofit money crunch spurs urge to merge,” discusses the critical financial net set up by The San Francisco Foundation: the Nonprofit Transition Fund. The Fund is instrumental in helping nonprofits stay pertinent in the current economic climate.
Thursday, November 29, 2012 in New America Media, “Deadline approaches for homeowners seeking foreclosure reviews,” illustrates the assistance provided by The San Francisco Foundation to back the event. The event raised awareness to greatly neglected ethnic communities about the Independent Foreclosure Review Program.
Friday, December 30, 2011 in the San Francisco Business Times, “Even for charities, the rich get richer, the poor, poorer,” explores the growing gap between nonprofits who have wealthy donors and those that don’t. The San Francisco Foundation provides services to nonprofits to determine their best recourse.
Jobs, Safety Net, and Foreclosure Prevention and Neighborhood Resiliency (SAN FRANCISCO) – Tuesday, November 22, 2011 – Dr. Sandra R. Hernández, CEO of The San Francisco Foundation, announced today $5 million in grants to Bay Area nonprofits focused on jobs, foreclosure prevention, and the safety net. With California’s unemployment rate hovering at 11.7% and home [...]
Wednesday, July 20, 2011 in the San Francisco Examiner, “Corporate Giving in Bay Area is up … Because Public Giving is Down?” contains Sandra R. Hernández, M.D., CEO of The San Francisco Foundation’s comments on dramatic shifts within the nonprofit sector and philanthropy from traditional financial trends.
Monday, June 1, 2009 in the San Francisco Examiner, “The State of San Francisco Nonprofits” describes the recent launch by The San Francisco Foundation setting up the Nonprofits Transition Fund. Denny Martin, program officer for community health at The San Francisco Foundation, is quoted on the issue recession as related to the effects on nonprofits [...]
Thursday, April 30, 2009 in The San Francisco Chronicle “S.F. charities face cut in city funding” covers a Community-Based Task Force report released by The San Francisco Foundation and the City Attorney’s office addressing ways to slash nonprofit spending to meet budget cut needs. Sandra R. Hernández, M.D., CEO of TSFF, is quoted on the [...]
Wednesday, April 29, 2009 in the San Francisco Chronicle, “Bay Area Charities Unite, Share Aid to Survive” explains how The San Francisco Foundation takes $1 million to split up between giving directly to nonprofits, investment funds for charities and creating the Nonprofit Transition Fund, a fund that functions as a safety net for nonprofits against [...]
Friday, April 24, 2009 in The San Francisco Business Times, “S.F. Foundation Throws Lifeline to Nonprofits” covers the San Francisco Foundation’s Nonprofit Transition fund. The Nonprofit Transition fund is an emergency fund set aside to counter the current economic climate.