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Causes: Judaism, Philanthropy, Philanthropy, Charity & Voluntarism Promotion, Philanthropy, Voluntarism & Grantmaking Foundations, Private Grantmaking Foundations, Religion
Mission: The Koret Foundation is a Jewish-sponsored charitable trust with assets of approximately $300 million. Since 1979, Koret has granted more than $200 million to community projects, educational institutions and organizations active in public policy, arts and culture, and programs for youth and elderly in the San Francisco Bay Area and Israel.
The Koret Foundation was created by Joseph and Stephanie Koret, Jewish immigrants from Eastern Europe, whose entrepreneurial vision and work ethic provided the resources to create the Foundation. The Koret Foundation s grant-making philosophy is based on philanthropic values focused on helping and educating people to care for themselves.
Target demographics: Koret supports programs and organizations whose work helps struggling families, provides food aid to those in need, expands access to education, enriches communities through arts and cultural programs, and more.
Direct beneficiaries per year: Through our grantmaking over the past year, the Koret Foundation has supported organizations serving thousands of individuals in need across the Bay Area, the U.S. and Israel. Our programs have directly benefited families adversely impacted by the COVID-19 pandemic; historically marginalized and underserved student populations; people experiencing hunger and homelessness; veterans returning to their communities; and more.
Geographic areas served: Koret supports nonprofit community organizations focusing on higher education, K-12 education, arts and culture, civic projects, Jewish Peoplehood, U.S.-Israel bridge-building, and supporting Jewish institutions in the U.S. and abroad.
Programs: Koret supports nonprofit community organizations, schools, and other institutions, including: • National Math and Science Initiative • American Friends of Tel Aviv University • Koret Scholars Program (supporting dozens of colleges and universities across the Bay Area) • Shalom Hartman Institute of North America • USC Shoah Foundation • Koret Vision Clinic at UC San Francisco • Alameda County Community Food Bank • GLIDE Foundation • Meals on Wheels San Francisco • San Francisco-Marin Food Bank • Second Harvest of Silicon Valley • St. Anthony’s Foundation • VA Palo Alto Health Care System • Higher Ground • Goodwill of San Francisco