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News | Public Equity Group

31

Oct
2017

In News

By JLNewsome

PEG Clients Launch Puerto Rico Fund

On 31, Oct 2017 | In News | By JLNewsome

PEG clients, Center For A New Economy (CNE) and Espacios Abiertos (EA), have launched The Puerto Rico Recovery Fund [Read More]

23

Mar
2017

In News

By NCurd

A Time to Heal: From Generation to Generation

On 23, Mar 2017 | In News | By NCurd

MKE Journal Sentinel launches series on racial equity (supported by the Greater MKE Foundation) [Read More]

30

Dec
2016

In News

By JLNewsome

Buffett Institute, Gallup issue groundbreaking report

On 30, Dec 2016 | In News | By JLNewsome

BECI logo

A new study from the Buffett Institute & Gallup reveals the vast majority of Nebraskans value and support early care and education [Read More]

30

Nov
2016

In News

By NCurd

Junte para apoderar a nuestros ciudadanos

On 30, Nov 2016 | In News | By NCurd

Espacios Abiertos busca, entre otras cosas, aumentar la participación ciudadana en procesos del Gobierno [Read More]

espacioabierta_ak_01

Miembros de Una Sola Voz, trabajando en oficina de Espacios Abiertos. (André Kang)

 

 

 

18

Aug
2016

In News

By NCurd

Can philanthropy pull a country divided along racial lines closer together?

On 18, Aug 2016 | In News | By NCurd

San Francisco Business Times: Can Philanthropy Pull a Country… Closer Together? [Read More]

15

Aug
2016

In News

By NCurd

Scholars program helps black students in Alameda County

On 15, Aug 2016 | In News | By NCurd

MKF Logo

 

 

Oakland Tribune: Scholars Program Helps Black Students Cedric Brown stood onstage Monday night, next to a large cutout of President Barack Obama, and made a confession [Read More]

21

Jul
2016

In News

By NCurd

San Francisco Foundation to tackle Bay Area “challenges” involving race, economic exclusion

On 21, Jul 2016 | In News | By NCurd

San Francisco Business Times: Foundation to tackle… “challenges” involving race, economic exclusion [Read More]

13

Feb
2016

In News

By JLNewsome

CHP announces new 2015-2020 strategy

On 13, Feb 2016 | In News | By JLNewsome

chp_logoIn late 2015, Community Housing Partnership released its new strategic plan, co-developed with PEG [Read More]

25

Sep
2015

In News

By JLNewsome

SF Chronicle: Glide Church + The SF Foundation Team Up…

On 25, Sep 2015 | In News | By JLNewsome

SF Foundation hosts fest, drafts plan to tackle wealth disparity

By Carolyn Said

Angela Coleman (center) discusses how the programs at Glide Memorial Church have transformed her life, due, in part to Glide co- founder, Jan Mirikitani (left) in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold. Photo: Gabrielle Lurie, Special To The Chronicle

Photo: Gabrielle Lurie, Special To The Chronicle

Angela Coleman (center) discusses how the programs at Glide Memorial Church have transformed her life, due, in part to Glide co- founder, Jan Mirikitani (left) in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold.

While the Bay Area enjoys unprecedented prosperity, the chasm between rich and poor has grown to alarming dimensions, with minorities especially marginalized.

Now the San Francisco Foundation, one of the nation’s oldest and largest community foundations, is preparing to marshal its considerable resources to address this disparity. It’s drafting a proposal to reduce the wealth gap and plans to expand from its traditional grant-making role by advocating policy changes and bringing together key people from the public and private sectors.

“We can embark on a path to create a climate of greater economic and racial inclusion so that race, economic status and ZIP code will no longer determine one’s future and opportunities for success,” said CEO Fred Blackwell, 45, who took over last year as head of the 67-year-old foundation.

In one of its first hands-on endeavors, the foundation will host an event at Yerba Buena Center for the Arts called Bay Area Bold on Friday and Saturday, designed as both a call for collective regional action and a celebration of creativity and the arts. Friday will include a summit with TED-style talks, panels and presentations for paying guests. Saturday’s all-day free festival will feature music, dance, film and interactive performances.

On Saturday, the foundation will also honor four community leaders with awards of $10,000 each. One is Janice Mirikitani, co-founder of the Glide Foundation at Glide Memorial Church, a mainstay in the Tenderloin, where it provides food, education, recovery support, temporary housing and other services.

While Mirikitani is most known for her social justice activities, the award recognizes her artistic achievements. A poet laureate of San Francisco, she’s also involved in the visual arts.

Jan Mirikitani (center) discusses her ideas for changing vision during a meeting at Glide Memorial Church in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold. Photo: Gabrielle Lurie, Special To The Chronicle

Photo: Gabrielle Lurie, Special To The Chronicle

Jan Mirikitani (center) discusses her ideas for changing vision during a meeting at Glide Memorial Church in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold.

Her face lit up last week as she showed off huge portraits at Glide of homeless people and their pets. “Pets have saved their lives,” she said. “Everyone can relate to loving your pets, so it’s a way of reminding everyone of our common humanity and of revealing their voices.”

Blackwell visited Glide last week and told a few dozen people who gathered after their free lunchtime meal about Mirikitani’s award, eliciting whoops and hollers that echoed through an institutional room decorated with mobiles and posters. Several rose to their feet to tell Blackwell about their lives and what brought them to Glide.

Fred Blackwell, CEO of the San Francisco Foundations listens to ideas on equity during a meeting held at Glide Memorial Church in San Francisco, California on Thursday, September 17, 2015. Photo: Gabrielle Lurie, Special To The Chronicle

Photo: Gabrielle Lurie, Special To The Chronicle

Fred Blackwell, CEO of the San Francisco Foundations listens to ideas on equity during a meeting held at Glide Memorial Church in San Francisco, California on Thursday, September 17, 2015.

“I’m a broken individual,” said one man, identifying himself as 18 months cocaine-free. “I get my repairs from Glide.”

Afterward, Blackwell sat down to lunch with Mirikitani, husband the Rev. Cecil Williams — Glide’s co-founder — and Glide senior staff, and explained what spurred the foundation’s single-minded focus.

He and his staff conducted seven months of “listening sessions” to draw comments from more than 1,000 Bay Area residents on the region’s challenges, he said. Hearing so many accounts of people’s struggles to make ends meet inspired the foundation to hone its mission.

“It’s not a pivot, because we’ve always been social justice focused,” Blackwell said. But the goal now is to “move the needle” in closing the gap. “Our north star is to address barriers to opportunity based on race, income and where you live.”

He’s got a lot to work with. The foundation has $1.3 billion in assets. Of that, $800 million is endowed money that it decides how to spend, while $500 million is in donor-advised funds — money from living grantors who decide where, when and how to distribute it, with the foundation just writing the check. The foundation handles about 500 such funds for about 700 individuals. Such funds have generated some controversy, because donors get an immediate tax write-off, but can delay actually giving the money.

Reverend Cecil Williams and Jan Mirikitani listen as clients discuss the positive impact that Glide Memorial Church has had on their lives, in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold. Photo: Gabrielle Lurie, Special To The Chronicle

Photo: Gabrielle Lurie, Special To The Chronicle

Reverend Cecil Williams and Jan Mirikitani listen as clients discuss the positive impact that Glide Memorial Church has had on their lives, in San Francisco, California on Thursday, September 17, 2015. Jan Mirikitani will be receiving a Community Leadership Award from the San Francisco Foundation at Bay Area Bold.

That half a billion dollars represents a huge resource. “It’s an opportunity we have to motivate, incentivize donors to join us in the equity journey,” he said. “Someone who wants to do good, we can advise them, align them with objectives we want to achieve.”

One such person anonymously gave the foundation $34 million this year to address needs in Oakland. That gift, distributed in July to about 15 nonprofit groups, could create 2,502 jobs and 731 units of affordable housing.

Housing continues to loom as a formidable issue throughout the Bay Area.

“Affordable housing is as close as you can get to rocket science,” Blackwell said, asking Glide executives about the housing situation of its free-meal recipients.

“Half of the people who eat here are housed; it used to be 90 percent homeless,” said Kristen Growney Yamamoto, Glide co-executive director. In surveys, they say they need the free meals so they can afford their rent.

Many clearly are the working poor. “We see people in uniforms (from their jobs) in our lines on their lunch break,” said Kyriell Noon, a Glide program director.

Blackwell said he sees Glide as a model for what the foundation hopes to achieve.

“You move people from volunteerism to action, from social service to social change,” he said. “There’s been a lot of hand-wringing about what’s wrong. Now we want to make the transition into doing more to make it right.”

Carolyn Said is a San Francisco Chronicle staff writer. E-mail: csaid@sfchronicle.com Twitter: @csaid

18

Jan
2015

In News

By JLNewsome

Tipping Point (CA) releases 2014 grantee feedback report

On 18, Jan 2015 | In News | By JLNewsome

Tipping Point

View results from Tipping Point’s 2014 grantee feedback survey & interviews [Read More]