California Community Foundation
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| Location | |
|---|---|
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Area served
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Los Angeles County Worldwide |
| Method | Donations and Grants |
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Key people
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Antonia Hernández President & CEO John Kobara Executive Vice President & COO Cynthia Telles, PhD Chair |
| Endowment | US$1.24 Billion in Assets(2011) |
| Website | www.calfund.org |
The California Community Foundation (CCF) is a philanthropic organization in the United States. Foundation Center, an independent nonprofit organization, ranks it among the top 100 foundations in the nation by asset size and total giving. Among all community foundations, CCF is 5th by total giving and 7th by asset size, as of the fiscal year that ended 6/30/12.
CCF is public, charitable organization dedicated to strengthening communities of Los Angeles County through effective philanthropy and civic engagement. It fulfills its mission through fundraising, charitable fund management, grantmaking, and convenings with donors, financial advisors, local nonprofits and foundation partners. It also serves as an advocate for the vulnerable and poor.
1915 – CCF is established by Joseph Sartori and managed by Security Trust and Savings Bank in Los Angeles. For the next 65 years, the community foundation stays relatively small and is affectionately known as the “typewriter foundation” for making small grants mostly for equipment and capital.
1946 – Mary Bierce becomes first full-time employee of the foundation. Joseph Sartori passes and leaves the foundation $1 million in his estate.
1955 – The foundation achieves $10 million in assets and awards $300,000 in grants.
1963 – The first donor advised funds are established at the foundation by Eugene and Harold Stern.
1976 – David Hess is named Executive Secretary of the foundation which, at this time, still functions in very close association with the trust department of Security Pacific National Bank as a "trust-form" community foundation.
1980 – David Hess resigns as Executive Secretary and the board of trustees hires Jack Shakely as the foundation's first Executive Director.
1986 – When the AIDS epidemic begins ravaging Los Angeles, CCF and donors take the lead in addressing prevention, treatment and social services, funding vital programs that are deemed “too controversial” by government agencies.
1986 – As a result of a fire that nearly destroys the historic Los Angeles Public Library, CCF launches the Save the Books campaign and 10,000 donors respond.
1988 – With an initial gift from the J. Paul Getty Trust, CCF establishes an annual fellowship program for emerging and mid-career visual artists who live and work in L.A.
1997 – Peter Drucker, the father of modern management and a mentor of CCF executive vice president Joe Lumarda, names CCF one of the 10 best-managed nonprofits in the U.S.
1999 – The sale of Centinela Hospital Medical Center results in the creation of the Centinela Medical Community Fund and Centinela Medical Care Fund at CCF to ensure that residents of Inglewood, Hawthorne, Lennox, Los Angeles, El Segundo, Watts, Compton and Lawndale continue to have access to affordable health care services.
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