These are challenging times for families. We feel the impact of an unstable global economy close to home; a rise in unemployment, foreclosures, a surge in the need for food and shelter, and overall anxiety as every family tightens its budget and many go without. This season, we launch our San Francisco Foundation Impact Fund, a mutual fund of effective philanthropy to make your dollars make a difference. The 2008 Impact Fund features three areas that focus on your most critical concerns: Children and Youth, Healthy Communities, and End Poverty. Learn how you can support The San Francisco Foundation Impact Fund this season.

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The San Francisco Foundation invites you to apply for grants in our six program areas twice a year. The current application is now available on our website in Grantee Center. The San Francisco Foundation has simplified its grantmaking process and is now requesting full applications instead of our previous two-step Intent to Apply process.

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The Bay Area, the nation, and the world are enthusiastically looking forward to an exciting new social and political agenda outlined by President-elect Obama. Much of The San Francisco Foundation’s values, programs, and initiatives are aligned with those of the President-elect and his team. Many of these values and priorities were exemplified during the long campaign and manifested in Nov. 4’s election demographics. The youth vote, first-time voter rolls, and turnout by people of color broke all previous records. We look forward to a national agenda that aligns with The San Francisco Foundation’s regional vision.

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With the recent revelations regarding large losses in portfolios managed by Bernard Madoff, we would like to reassure our donors that The San Francisco Foundation has no exposure, either directly or indirectly to these funds.