Experience shows that scholarships aren't enough to close the graduation gap. LASIF combines need-based scholarships with intensive services before and during college to end the college completion crisis and increase the number of low-income youth who achieve their degree. That's how LASIF programs have helped tens of thousands of Angeleno students prepare for, pay for and succeed in college.
Few things transform a life like a college diploma. A bachelor’s degree can lead to an additional $1 million in lifetime earnings, but it’s about more than just money. College success benefits entire communities. That's why the Los Angeles Scholars Investment Fund combines need-based scholarships with innovative services proven to help students graduate.
At a time when a college degree is more necessary than ever, Los Angeles County is facing a graduation crisis. In this issue, you'll learn the extent of this crisis and how donors are joining forces to end it through the Los Angeles Scholars Investment Fund.
LOS ANGELES – July 6, 2016 – The California Community Foundation (CCF) has awarded $9,393,600 through 112 grants to Los Angeles County nonprofit organizations working to address the needs of our region. This quarter’s robust portfolio of grants reflects investments in major initiatives to create change that impacts the root causes of some our region’s most urgent issues. Grants this quarter include funding to support engagement, education and enrollment in Los Angeles County communities with the highest numbers of youth eligible for SB75, the Health for All Kids Act. Signed into law in 2015, Health for All Kids provides health coverage for California’s undocumented immigrant children. CCF is partnering with The California Endowment and the Blue Shield of California Foundation on funding implementation efforts in Los Angeles County. Twenty-five grants are part of the final year of funding from CCF’s Preparing Achievers for Tomorrow (PAT) initiative, a five-year project aimed at creating a brighter future for the youth of South Los Angeles and the South Bay by improving academic achievement, decision-making skills and self-esteem through sports, music and recreation. PAT was made possible by a $12.5 million legacy gift from an anonymous donor whose life was devoted to helping others and who valued the opportunities that music and athletics can provide young people. PAT will culminate in a festival for students this fall. This is also the final year of the El Monte Community Building Initiative, a 10-year, $10 million investment to engage and empower residents of the City of El Monte in improving their quality of life, with a focus on health and education for youth. The El Monte Promise Foundation, established as a result of the initiative, will carry on this legacy. Additional grants reflect the foundation’s diverse priority areas in the arts, civic engagement, education, health, housing and economic opportunity, immigrant integration, nonprofit sustainability, smart growth and transition-aged youth. Please see below for a full list of grants this quarter. CCF supports this work in the community through funds entrusted to the foundation by donors throughout its 100-year history. “Our mission to lead positive systemic change in Los Angeles can only be fulfilled through partnership with visionary donors and dedicated nonprofit organizations,” said CCF President and CEO Antonia Hernández. “I am proud of the work being done in Los Angeles County to address disparity and improve the quality of life for all residents.” 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 $1.5 billion in assets and manages nearly 1,600 charitable foundations, funds and legacies. For more information, please visit www.calfund.org. CALIFORNIA COMMUNITY FOUNDATION GRANTS BY FUNDING AREA June 2016 Arts – 5 – $705,000 • Arts for LA • California Alliance for Arts Education • Cornerstone Theater Company • Grand Vision Foundation • Great Leap Building a Lifetime of Options & Opportunities for Men (BLOOM) – 2 – $625,000 • Brotherhood Crusade • Social Justice Learning Institute Civic Engagement – 6 – $610,000 • California State University, Los Angeles Pat Brown Institute • Clergy and Laity United for Economic Justice • East Yard Communities for Environmental Justice • California Calls • L.A. Alliance for a New Economy • Strategic Concepts in Organizing and Policy Education (SCOPE) Education Pipeline – 5 – $400,000 • UCLA Graduate School of Education & Information Studies • Crystal Stairs • Families in Schools • Parent Revolution • Pepperdine Graduate School of Education & Psychology/ Parent U-Turn El Monte Community Building Initiative – 1 – $500,000 • El Monte Promise Foundation Health – 10 – $1,080,041 • L.A. Christian Health Centers • L.A. Lesbian, Gay, Bisexual and Transgender Center • San Fernando Community Health Center • Venice Family Clinic • Martin Luther King, Jr. Community Hospital • White Memorial Medical Center • St. Baldrick’s Foundation • Tower Cancer Research Foundation • UCLA Center for Cerebral Palsy • Bet Tzedek Housing & Economic Opportunity – 7 – $720,631 • A Community of Friends • California Housing Partnership Corporation • Inner City Law Center • L.A. Family Housing • Mercy Housing California • PATH Ventures • St. Joseph Center Immigrant Integration – 33 – $915,000 • Antelope Valley Boys & Girls Club • Antelope Valley Community Clinic • Antelope Valley Partners for Health • Asian Americans Advancing Justice-LA • Asian and Pacific Islander Obesity Prevention Alliance • Central American Resource Center (CARECEN) • Central City Community Health Center • CHIRLA • Community Build • Community Health Alliance of Pasadena • Day One • East Los Angeles Community Corporation (ELACC) • East Valley Community Health Center • Eisner Pediatric and Family Medical Center • El Monte Promise Foundation • El Nido Family Services • Florence Firestone Merchants Association • Maternal and Child Health Access • Mexican American Opportunity Foundation • New Economics for Women • Northeast Community Clinic • Northeast Valley Health Corporation • Pacoima Beautiful • South Bay Family Healthcare Center • South Central Family Health Center • Southeast LA Community Development Corporation • St. John’s Well Child and Family Center • To Help Everyone Clinic • University Muslim Medical Association • Watts Healthcare Corporation • Watts Labor Community Action Committee • YMCA of Metropolitan Los Angeles • Youth Policy Institute Los Angeles Preschool Advocacy Initiative – 2 – $200,000 • Low Income Investment Fund • Girls Club of Los Angeles Los Angeles Scholars Investment Fund – 2 – $190,000 • USC / Southern California College Advising Corps • Community Partners / Southern California College Access Network Nonprofit Sustainability Initiative – 1 – $605,000 • Nonprofit Finance Fund Preparing Achievers for Tomorrow (PAT) – 25 – $1,824,000 • A Place Called Home • A World Fit For Kids • Amazing Grace Conservatory • ArtworxLA • Brotherhood Crusade • CORE Educational Services • Educare Foundation • Gardena-Carson YMCA • Heart of Los Angeles Youth, Inc. • Jr. Posse Youth Equestrian Program • Life Sail • Los Angeles Neighborhood Land Trust • Los Angeles United Futbol[…]
Dreams for a better life – one out of the shadows with the promise of greater economic vitality for individuals and the region as a whole – were deferred today. The Supreme Court of the United States ruled 4-4 on the Obama Administration’s immigration executive actions that would have expanded Deferred Action for Childhood Arrivals (DACA) and created Deferred Action for Parents of Americans (DAPA). The United States v. Texas case will now be sent back to the Texas district court to determine whether the programs are constitutional. The programs were meant to preserve families and give parents of U.S. citizens and those who came to the United States as children the power to earn their own living. In Los Angeles County alone, nearly 500,000 immigrants are eligible to apply. Today’s ruling leaves hardworking families in the shadows and living under the fear of deportation and separation. It leaves fewer residents with the ability to buy homes, make better wages and fully participate in our civic and economic fabric. Reflecting our missions to ensure a more prosperous future for all Los Angeles residents, we stand united to continue supporting immigrant integration efforts during these challenging times. We will support organizations that provide vital services to children and families in need and ensure that they are not exploited or defrauded. While this decision is a temporary setback, we will continue to partner with stakeholders across sectors to push for immigration reform that upholds the dignity of all communities and families. California Community Foundation The California Endowment The James Irvine Foundation Weingart Foundation
by Steven L. Meyers, PhD.: There is a basic, but rarely acknowledged truth when it comes to gift planning: the deck is stacked against a financial advisor whose clients want to be philanthropic -- especially during their lifetimes. Advisors implicitly have to set a balance between serving a client’s desire to be charitable and serving their own model of retaining assets under management. Is there a way to redress any imbalance that might result? I think so, and there’s a growing cadre of advisors, gift planners, and donors who agree.
by Anthony Glomski: Facebook CEO Mark Zuckerberg's pledge to give away $45 billion during his lifetime is the biggest in a growing movement among young tech entrepreneurs, many Millennials and Gen Xers, to use their wealth as a force for social good. Most want to start making a difference as soon as possible, and we have the opportunity to help them determine which of the many charitable giving options is right for them.
by Bruce DeBoskey: Family philanthropy can be an important and safe area in which to commence a family conversation about money and values — creating new and effective rules of engagement that carry over into other family matters. Here's how.
by William D. Strickland, J.D., C.S.P.G.: Your clients depend on your experience and expertise to preserve and grow assets and safeguard their legacies. But how do you maintain and grow your own book of business? You can achieve that goal by providing the competent and objective counsel your clients and prospects need to address all of their concerns and goals.
by Antonia Hernández, President & CEO, California Community Foundation: For more than a century, the California Community Foundation (CCF) has partnered with professional advisors to produce the most favorable outcomes for their clients while producing the greatest possible charitable impact. Every day, we see the vital role advisors play in creating gifts that change the lives of people in Los Angeles and around the world.
June 2016 Advisor Newsletter: CCF unveils the Planned Giving Design Center, Helping your business grow, Creating a "safe-zone" with family philanthropy, Philanthropy and the tech entrepreneur, Personalized philanthropy: fixing the flaw in your business model.