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San Francisco Bay Area Jewish Community Federation Taps Savings for $1MM in Immediate Aid to Families.

Publication: Business Wire
Publication Date: 11-JUN-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Endowment Announces $7MM JCF-Catalyst Initiative to Address the Current Economic Crisis and Create a New Model for Sustainable Philanthropic Outreach

SAN FRANCISCO -- The Jewish Community Federation of San Francisco, the Peninsula, Marin and Sonoma Counties today announced the launch of the Jewish Community Federation-Catalyst Initiative (JCF-Catalyst), a high-impact, $7 million initiative designed to provide immediate assistance to families and institutions in crisis and serve as a catalyst in building a long-term, sustainable model of charitable service and outreach.

In an extraordinary measure, $7 million is being drawn from unrestricted assets of the Endowment Fund of the Jewish Community Federation to address a range of critical needs. "During these times when many funding sources are becoming more limited, and the needs are greater...

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