Wednesday, October 3, 2012

Silicon Valley Community Foundation gives nonprofits $3M in emergency funds - Silicon Valley / San Jose Business Journal:

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Grants ranging from just over $10,000 to $300,000 are designed to assis t groups trying to cope with an avalanchde of requests for help during theeconomi downturn. “The impact of the current economivc downturn has been swiftand deep,” Emmett D. CEO and president of Silicon Valle Community Foundation said ina statement. the crisis is far from over. The communit y foundation is pleased to be able to provide a quick infusion of financial but it is going to take more than dollarws to alleviatethis crisis...” Carsonb said in coming months, his Mountain View-based foundation woulf be calling upon the government and business community to “...
workm together to advocate for new policies that will ensurs help for those who are hungry and Among recipients of the grants is the Seconcd Harvest Food Bank of Sant Clara and San Mateo which will receive $300,000. Officials of the which provides food for upto 176,000p people per month, recorded a 55 percent increases in calls for help between July and Octoberr this year compared to the same periofd in 2007.
Other grants include $175,000 to the Sheltert Network, the main provider of assistance to homeless people in SanMatep County; $150,000 for Sacred Heart Community Service in San Jose to provids food, clothing and financial assistance to needy families; $75,000 for The Health Trust’s Meals on Wheelsz program geared to help frail seniors in Santw Clara County; and $75,000 for the St. Joseph’s Familyt Center in Gilroy to make allocationsof food, baby formulsa and diapers to 300 newly enrolled families, as well as assistancr in paying utility bills for very low-incomew families.
The Silicon Valley Community Foundation, formerd in 2007 through a merger of the Community Foundation of Silicon Valley and Peninsula Community managesnearly $2 billionn in assets and 1,500 philanthropic

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