California Community Foundation

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California Community Foundation

"Established in 1915, our mission is to strengthen Los Angeles communities through effective philanthropy and civic engagement. The California Community Foundation was formed as a charitable giving option within the trust department of Security Pacific Bank. For the next 65 years, the foundation, affectionately known as the "typewriter foundation, stayed relatively small, making small grants mostly for equipment and capital.

"In the 1980s and '90s, the foundation grew tremendously under the leadership of Jack Shakely, from $20 million in assets in 1980 to $530 million in assets in 2000. Fueled by a strong stock market and escalating Southern California real estate, donors and their advisors increasingly used the foundation as a primary philanthropic vehicle.

"Reflecting this growth, grants also grew during this time, and the foundation built a reputation of philanthropic entrepreneurship and risk-taking. In the 1990s, the foundation decided to move from broad and general grantmaking to a focus on specific issue areas.

"In February 2004, Antonia Hernandez became the foundation's president and chief executive officer. She brings extensive experience with community-based, advocacy and philanthropic institutions, together with a love for Los Angeles and a passion for inspiring pride of place in the philanthropic and nonprofit community. [1]

Directors

Accessed December 2008: [2]

General Counsel - Rodriguez, Horii, Choi & Cafferata LLP

Contact

Web: http://www.calfund.org

Resources and articles

Related Sourcewatch articles

References

  1. About, California Community Foundation, accessed December 2, 2008.
  2. Directors, California Community Foundation, accessed December 2, 2008.