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California Community Foundation And Its Donors Contribute $133 Million To Needs And Nonprofits

Tuesday, November 27, 2012 7:23 PM


Additional $94.5 million invested this year in Greater Los Angeles

LOS ANGELES, Nov. 27, 2012 /PRNewswire-USNewswire/ -- California Community Foundation (CCF) made $133 million in grants and other disbursements to nonprofits and charitable institutions for affordable housing, health care, arts, education, environmental and other causes during the 2011-2012 fiscal year.  This philanthropic investment represents an increase of 10 percent over the previous fiscal year.  Approximately two-thirds, $94.5 million, were invested in addressing the needs and supporting the nonprofits of Greater Los Angeles. 

The fiscal year ended strong for CCF on June 30, 2012, with $1.20 billion in assets.  

"California Community Foundation is alone in creating and managing charitable funds and foundations for meaningful, strategic philanthropy by Los Angeles donors, and that directly benefit Los Angeles communities," said CCF President and CEO, Antonia Hernández.  "Assets entrusted to us by generations of donors provide us with the resources and flexibility to make long-term investments in priority areas of the foundation, fund new initiatives with community and foundation partners, and provide one-time grants or low-interest loans in response to critical needs or unusual opportunities."   

In addition, during the first quarter of the fiscal year that began July 1, 2012, CCF awarded 25 grants and loans totaling $2,680,000 to local nonprofits throughout Los Angeles County from unrestricted charitable funds at the discretion of the community foundation. 

Over the course of the last 10 years, CCF has raised $1.8 billion in contributions and distributed $1.34 billion in grants, loans, scholarships and fellowships.  CCF grants and other disbursements complement the charitable giving of its donors.  This combination of institutional and individual philanthropy along with a commitment to civic engagement is part of CCF's multifaceted character. 

California Community Foundation (CCF) is a public, charitable organization serving communities of Greater Los Angeles since 1915 through effective philanthropy and civic engagement.  It encourages philanthropy by individuals, families, companies and organizations, and serves as a steward of their charitable funds and legacies.  It collaborates with nonprofits to address needs in their communities and provides support through grants, loans, scholarships, fellowships and other forms.  It convenes and engages with private, public, nonprofit and foundation leaders in community problem solving and advocacy work.  For more information, visit www.calfund.org or follow us on Facebook at www.facebook.com/calfund.

CALIFORNIA COMMUNITY FOUNDATION
TOTAL GRANTMAKING FOR FISCAL YEAR 2011-2012
(ended June 30, 2012)

Geographic Area

Number of Grants

Amount

Antelope Valley

15

$556,100.00

San Fernando Valley

271

$3,441,779.52

San Gabriel Valley

363

$3,797,690.55

Metro L.A.

834

$19,566,749.04

West L.A. County

735

$9,708,970.60

South L.A. County

183

$6,745,099.73

East L.A. County

61

$945,978.87

South Bay / Harbor (including Long Beach)

349

$8,163,862.64

Los Angeles County-wide

822

$41,588,003.81

Outside L.A. County

127

$17,263,451.39

Outside California, within the U.S.

1,746

$15,918,743.86

Outside U.S. / International

286

$5,447,968.90

 Totals   

5,792

$133,144,398.91

DISCRETIONARY GRANTS AND LOANS BY ORGANIZATION
FIRST QUARTER 2012-2013 
(July 1, 2012-September 30, 2012)

Name of Grant/Loan Recipient

Service Area

Amount

Arts

Community Partners/LA Commons

Metro L.A.

$75,000

Dramatic Results

South L.A. Co. (Long Beach, Compton)

$75,000

LA Plaza de Cultura y Artes

Countywide

$85,000

Watts Village Theater Company

South L.A. County

$50,000

Education

Bring Me A Book Foundation

Countywide

$75,000

Community Asset Re-Defining Education

South L.A. County

$100,000

Child Care Resource Center

San Fernando Valley

$150,000

South Central Los Angeles Ministry Project

South L.A. County

$75,000

YMCA of Greater Long Beach

South L.A. County

$200,000

Health Care

Children's Dental Health Clinic

South L.A. County

$100,000

Asian Pacific Health Care Venture

Metro L.A.

$100,000

Family Health Care Centers of Greater L.A.

South L.A. County

$100,000

Korean Health Education Information & Resource Center

Metro L.A.

$100,000

Housing and Neighborhoods

Clifford Beers Housing, Inc.

Countywide

$100,000

Community Partners fbo Move LA

Countywide

$35,000

PATH Ventures

Countywide

$100,000

Western Center for Law and Poverty

Countywide

$100,000

Initiatives & Program Related Investments

 

Los Angeles Preschool Advocacy Initiative

Asian Pacific Islanders California Action Network

South L.A. County (Long Beach)

$35,000

Long Beach Early Childhood Education Committee

South L.A. County (Long Beach)

$40,000

Proyecto Pastoral

East L.A. County (Boyle Heights)

$35,000

Civic Engagement

Valley Economic Development Center

San Fernando Valley

$550,000*

El Monte Community Building Initiative

Californians Together

East L.A. County (El Monte)

$50,000

Community Partners

East L.A. County (El Monte)

$100,000

Rio Hondo College

East L.A. County (El Monte)

$250,000


Total

$2,680,000

*Combination of Opportunity Fund grant and PRI loan

Contact: Raúl Garza
Phone: (213) 413-4130 ext 229
E-mail: rgarza@calfund.org

SOURCE California Community Foundation

(Source: PR Newswire )
(Source: Quotemedia)

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