California Community Foundation Awards $4.8 Million to Strengthen Los Angeles Communities
LOS ANGELES – May 2, 2019 – The California Community Foundation (CCF) has awarded $4,880,730 through 37 grants to Los Angeles County nonprofit organizations working to create change and unlock the potential of our region.
This quarter’s portfolio of grants includes $1,964,452 in funding for our Los Angeles Scholars Investment Fund (LASIF) nonprofit partners to expand educational opportunities for vulnerable students, and prepare them for success in college, career and beyond. Recognizing that scholarships alone are not enough, LASIF combines need-based scholarships with support services before and during college to help low-income students stay enrolled and earn their degrees. With these grants, the LASIF partners are launching a program to explore how to better help students navigate unexpected expenses, like a family crisis or medical bill, that fall outside of tuition costs but could hold students back from achieving their postsecondary goals.
Additional education grants will go toward advancing equity in the college access pipeline by creating opportunity for our BLOOM partners to continue supporting young men of color throughout their college journeys with scholarships and wraparound support services, proven to help students graduate.
Another $855,000 in investments this quarter will fund strategies to address Los Angeles’ housing crisis. In L.A. County, 1.5 million of all households spend more than 30% of their income on housing. We envision a future where every Angeleno has access to an affordable home in a thriving neighborhood. With this goal in mind, CCF is working to remove barriers to affordable housing development and streamline more efficient ways to preserve and expand supportive housing for our neighbors experiencing homelessness.
“The challenges we face here in L.A. County are complex but together, we can make real, lasting change in our lifetimes and strengthen communities for generations to come,” said CCF President & CEO Antonia Hernández. “In partnership with our visionary donors and dedicated nonprofit organizations, we are empowering Los Angeles to reach its full potential.”
Please see below for a full list of grants this quarter.
rmathew [@] calfund [.] org
CALIFORNIA COMMUNITY FOUNDATION GRANTS BY FUNDING AREA
|PROGRAMS & INITIATIVES||NUMBER OF GRANTS||AMOUNT|
|Housing and Economic Opportunity|
The California Community Foundation has served as a public, charitable organization since 1915, empowering donors to pursue their own personal passions and to collaborate with us in addressing the root causes of challenges in Los Angeles County. CCF stewards $1.7 billion in assets and manages 1,700 charitable foundations, funds and legacies. For more information, please visit calfund.org.