Opportunity GRANTS

Opportunity Grants
A 2006 grant to United Way Silicon Valley will help build its planning and evaluation capabilities and ultimately its services to people in crisis.

In 2006, we also made grants to promising projects outside the Foundation’s core programs. These grants funded community-based initiatives, work on foster youth, and technology support for low-income communities.

Opportunity Grants Authorized in 2006
 
2006 Highlights

In 2006, the Foundation joined Communities of Opportunity, an innovative initiative to confront poverty in San Francisco. One of our grantees, the Bridgespan Group, completed the strategic plan that led to this reform project. Communities of Opportunity is a partnership between the City and County of San Francisco, a host of community-based organizations, and private foundations. The initiative aims to increase safety, expand job opportunities, and strengthen social capital in the long-neglected Bayview Hunters Point and Visitacion Valley neighborhoods. It will disperse resources across the city’s departmental lines to a small number of particularly needy families. This approach will target dollars more effectively and generate savings that can be used for prevention, rather than intervention, outside targeted areas.

To help homeless and low-income people move out of poverty, we continued our support for REDF, a regranter that works hand-in-hand with a portfolio of Bay Area nonprofits that operate social enterprises. These businesses create work opportunity for individuals who are often barred from employment by their criminal history or lack of housing, education, or training. By providing access to people, funding, technology, and knowledge, REDF helped five nonprofits create jobs and training for these workers in 2006. Seventy-seven percent of the employees are still at work, and their housing stability improved from 57 percent to 73 percent.
2007 Goals
 
  • Help REDF expand its donor base
  • Support construction of new units of foster youth housing
  • Use community foundations’ regional expertise to effectively regrant Foundation funds
  • Back large-scale, high-impact opportunities to improve disadvantaged Bay Area communities