Dear Friend of the Foundation,
It is with pride and gratitude that we present you the 2017 Community Impact Report. We hope you find within these pages inspiration from the lives that have been positively impacted by the Foundation through our fundholders’ giving and our key initiatives, and data to affirm your confidence in the Foundation’s strong financial position.
In this report, you will see the progress we have made on the Foundation’s four Strategic Initiatives, all of which are gaining momentum and are driving measureable systemic change. We continued our focus on expanding generosity and building nonprofit capacity, addressing the gender and race gaps in access to higher education, streamlining the emergency food distribution system, and working to see that our region’s diverse cultural and arts amenities are accessible to all.
In 2017, we focused on the impact of our community leadership and our fundholders' giving in the Sacramento region.
During 2017, the Foundation funded programs aimed at achieving diversity, equity, and inclusion, and made grants to address pressing immediate needs. We convened around compelling community issues, including our inaugural Summer Salons series for fundholders, and sponsored listening sessions on how to more effectively support our region’s food and arts nonprofits.
Of course, none of this work would be possible without the generosity of our fundholders. In this report, you will meet some of these generous donors who are working with us to increase their philanthropic impact, both now and for generations to come. We also highlight the ways the Foundation can creatively work with our fundholders to convert non-traditional assets into charitable
funds. In 2017, the Foundation’s assets reached record levels thanks to strategic investments and gifts of nearly $14 million, while the volume of grants and scholarships awarded exceeded $11 million.
We also celebrated our region’s generosity when the 2017 Big Day of Giving, led by the Foundation, raised more than $7 million to support 600 local nonprofits. Since we launched the giving days in 2013, more than $23 million in unrestricted funds have been raised to support the local organizations that do such important work.
As we enter our 35th year of operation, we are all profoundly grateful for your continued confidence and support as we work together to transform this region through expanding philanthropy and strengthening our nonprofit sector. We welcome your feedback on how we can enhance our role as your strategic partner in giving and look forward to working closely with you to build on the progress we made in 2017 to achieve even more impact in the years ahead.
With immense gratitude,
Linda Beech Cutler
Chief Executive Officer
Donna L. Courville
2017-2018 Board Chair
By focusing on the root causes of local challenges, seeking solutions with long-term results, and supporting the organizations that tend to the vital needs of the capital area, we help create the conditions for meaningful transformation in the Sacramento region.