{"id":5202,"date":"2023-12-07T01:01:36","date_gmt":"2023-12-07T01:01:36","guid":{"rendered":"https:\/\/www.calfund.org\/2023-annualreport\/?page_id=5202"},"modified":"2024-04-18T23:43:41","modified_gmt":"2024-04-18T23:43:41","slug":"message-from-our-cfo","status":"publish","type":"page","link":"https:\/\/www.calfund.org\/2023-annualreport\/message-from-our-cfo\/","title":{"rendered":"Message from our CFO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5202\" class=\"elementor elementor-5202\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ea01b84 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ea01b84\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7676ca9c\" data-id=\"7676ca9c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cea025d elementor-widget elementor-widget-text-editor\" data-id=\"2cea025d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1 style=\"text-align: left;\">MESSAGE<br \/>from our CFO<\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb1b2e7 elementor-widget elementor-widget-image\" data-id=\"eb1b2e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2021\/11\/yellow-line-separator.png\" width=\"60\" height=\"6\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-full size-full wp-image-2211 lazyload\" alt=\"\" \/><noscript><img decoding=\"async\" width=\"60\" height=\"6\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2021\/11\/yellow-line-separator.png\" class=\"attachment-full size-full wp-image-2211\" alt=\"\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a93cff elementor-drop-cap-yes elementor-drop-cap-view-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"1a93cff\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"text-align: left; max-width: 980px; margin: auto;\">\n<p><img fetchpriority=\"high\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/california-community-fund-CFO-steven-j-cobb-portrait.jpg\" class=\"alignleft size-full wp-image-4501 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"\" width=\"323\" height=\"380\"><noscript><img fetchpriority=\"high\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/california-community-fund-CFO-steven-j-cobb-portrait.jpg\" class=\"alignleft size-full wp-image-4501 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"\" width=\"323\" height=\"380\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-4501\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/california-community-fund-CFO-steven-j-cobb-portrait.jpg\" alt=\"\" width=\"323\" height=\"380\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/california-community-fund-CFO-steven-j-cobb-portrait.jpg 323w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/california-community-fund-CFO-steven-j-cobb-portrait-255x300.jpg 255w\" sizes=\"(max-width: 323px) 100vw, 323px\" \/><\/noscript><\/noscript>Since 1915, California Community Foundation has served the diverse communities of Los Angeles County. Our commitment remains unwavering as we look ahead. Throughout our history, CCF has continuously evolved, implementing robust structures to ensure an enduring presence and to advance the well-being of local residents.&nbsp;<\/p><p>Aligned with our core principles of sustainability and longevity, our investment program is crafted with a focus on long-term strategies. We strive to balance risk and reward to safeguard and augment the philanthropic impact of our donors&#8217; contributions.<\/p>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc24f38 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"cc24f38\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"text-align: left; max-width: 980px; margin: auto;\">\n\nIn an environment marked by constant market fluctuations and heightened volatility in recent years, we are fortunate to count on a group of exceptional and disciplined professionals dedicated to refining our investment strategies. This includes our internal team, esteemed investment consultants, and the skilled members of our Investment Committee. Together, we possess the expertise and foresight necessary to navigate diverse market conditions, ultimately contributing to the enrichment of Los Angeles and its communities.\n\n<br><Br>\n\n<strong>Steven J. Cobb<\/strong>\nChief Financial Officer<br><Br>\n\n<a href=\"\/2023-annualreport\/financials\/\">Financials<\/a><br><Br>\n\n<a href=\"\/2023-annualreport\/investments\/\">Investments<\/a><br><Br>\n\n<a href=\"\/2023-annualreport\/grant-overview\/\">Grant Overview<\/a>\n\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc3f2e2 elementor-widget elementor-widget-image\" data-id=\"bc3f2e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image.png\" data-srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image.png 346w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image-300x12.png 300w\" width=\"346\" height=\"14\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-large size-large wp-image-4816 lazyload\" alt=\"\"  sizes=\"(max-width: 346px) 100vw, 346px\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"346\" height=\"14\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image.png\" class=\"attachment-large size-large wp-image-4816\" alt=\"\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image.png 346w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2023\/11\/cal-fund-2023-annual-report-timeline-divider-left-decorative-image-300x12.png 300w\" sizes=\"(max-width: 346px) 100vw, 346px\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MESSAGEfrom our CFO Since 1915, California Community Foundation has served the diverse communities of Los Angeles County. Our commitment remains&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":{"footnotes":""},"class_list":["post-5202","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/5202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/comments?post=5202"}],"version-history":[{"count":31,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/5202\/revisions"}],"predecessor-version":[{"id":5660,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/5202\/revisions\/5660"}],"wp:attachment":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/media?parent=5202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}