California Community Foundation Begins 2013 With $2.3 Million New Investment in Los Angeles Nonprofits

California Community Foundation (CCF) announced 27 new grants totaling $2,315,000 to nonprofits throughout Greater Los Angeles based on sound planning, strong leadership and effective management, impact of programs or services, and other demonstrated qualities in affordable housing, arts, education, health care, and civic engagement. The foundation’s first investment of discretionary charitable dollars in the new year follows a distribution of 25 grants and loans totaling $2,680,000 in the fall.  Since the fiscal year began on July 1, 2012, nearly $5 million has been distributed by CCF, primarily in two-year grants, to 52 nonprofit organizations working in areas of highest importance in the Los Angeles region to the community foundation.  CCF has been serving Los Angeles communities since 1915. It encourages philanthropy by individuals, families, companies and organizations, and serves as a steward of their charitable funds and legacies.

MarketWatch

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