F.Y. 2025 Annual Report

This year’s Annual Report is rooted in the values that guide everything we do: community, courage, partnership, justice, equity, and trust. It highlights how we are using every tool at our disposal—grantmaking, impact investing, advocacy, and narrative change—to walk alongside those shaping a more just future for all.

In fiscal year 2025, our Board and team acted with urgency and purpose to approve over $35 million in grants and $92 million in mission-aligned investments to support organizations driving long-term, community-rooted change. In addition to early rapid response grants, in March 2025, the Board approved an additional $5 million over our payout for our fourth-quarter grantmaking, giving added vital funds directly to organizations on the frontlines, particularly to support community-led responses to the Eaton Fire and heightened immigration enforcement. These flexible dollars deployed through our trust-based grantmaking, and rapid response efforts enabled our community partners to meet immediate needs while continuing to build lasting infrastructure for power and resilience.

We invite you to explore our Annual Report for more insights into our work and impact.