Socialize With Us

The San Francisco Foundation Makes $34 Million Investment in Oakland

Thursday, July 16, 2015

On July 14th, NCG member The San Francisco Foundation announced its $34 Million investment into the City of Oakland. The gift of an anonymous donor, the investment will focus on closing the achievement gap, affordable housing, creating cradle-to-career pathways of opportunity, growing middle wage jobs, and removing barriers to health access for parents and children across the city.

"By investing in jobs, housing, education, and healthcare, this holistic approach will create pathways of opportunity in Oakland neighborhoods that need it most,” said Fred Blackwell, CEO of The San Francisco Foundation. "We are proud to work hand-in-hand with our donor who is deeply committed to the children and families of Oakland, and wants to ensure that all of Oakland is a place of opportunity. Together, we are turning the tide for our future generations, investing in our kids and the possibilities that are in store when all residents can access the prosperity and economic growth that this region has to offer." 

The Foundation gave a breakdown of how the grant would be dispersed all through Oakland:

Breakout of the Investment

We look forward to seeing great impact in the East Bay!