At the Weingart Foundation, we consistently hear from nonprofits that unrestricted support is vital to achieving their missions. In order to deepen our understanding of the impact of our Unrestricted Operating Support grantmaking, we developed a series of case profiles that detail the work. Joyce Ybarra, Director of Learning, highlighted her main takeaways from this research.
As part of the Weingart Foundation’s commitment to equity, we are looking closely at the Foundation’s overall investment and financial strategies. Tim Ortez, Vice President and Chief Financial Officer, shared his perspective on how our equity commitment is showing up in ways beyond our grantmaking.
In 2017, the Weingart Foundation announced our full commitment to equity. Joyce Ybarra, Director of Learning, examined our funding to assess how our commitment to inclusion and opportunity is manifesting at the Foundation.
The Weingart Foundation is committed to advancing fairness, inclusion, and opportunity for all Southern Californians. As part of this work, we formalized our Program Related Investment (P.R.I.) Fund, which allows us to expand the impact and scale of our grantmaking through low-interest loans. Rosa Benitez, Senior Program Officer, shared her perspective on the Foundation’s approach to P.R.I.s.