SOURCE: Peninsula Community Foundation

March 16, 2005 06:00 ET

Peninsula Community Foundation® Grants Over $1M to 12 Bay Area Organizations

First Round of 2005 Grants Made Through Peninsula Community Foundation's Community Endowment

SAN MATEO, CA -- (MARKET WIRE) -- March 16, 2005 -- Peninsula Community Foundation (PCF) today announced its first in four rounds of grant distribution awards for 2005 totaling $1,074,327 in funding to support community-oriented programs throughout San Mateo and northern Santa Clara counties. Awards are made from Peninsula Community Foundation's Community Endowment, which totals more than $113 million in assets, and is made up of contributions from many generous local residents.

A total of 12 grants were distributed this winter distribution cycle, helping to support a range of programs from environmental and technology education for underserved children to health care initiatives across San Mateo and northern Santa Clara counties. The round includes the largest amount awarded through the Community Endowment of $275,000 to the Ravenswood Family Health Center in East Palo Alto.

PCF's Community Endowment selects grants that will have the greatest positive impact on the local community within PCF's service area, throughout San Mateo County and south to Mountain View. This round of funding supported a wide range of new initiatives as well as continuing support, including:

--  Ravenswood Family Health Center, East Palo Alto ($275,000): Opening in
    2000 in East Palo Alto, this outpatient clinic remains committed to
    providing the highest quality healthcare services, delivered in a
    competent, caring and culturally sensitive manner regardless of the ability
    to pay. This grant will provide operating support for this critical
    community health provider, which is the only one of its kind serving this
    community.
--  Daly City Youth Health Center, Daly City ($72,937): Established in
    1990, this was the first clinic dedicated to youth health services in San
    Mateo County. By providing comprehensive, integrated health services and
    programs for youths ages 13 - 21, the center works to ensure accessible
    health services and promote educated and responsible health decisions.  The
    grant will be used to provide long term planning for sustained future
    operations.
--  Tech Museum of Innovation ($50,000): The Tech is a cosmopolitan museum
    focused on exploring issues surrounding how technology works and impacts
    the way we work, live, play and learn. Its unique integration of advanced
    technologies into visitor experiences and infrastructure distinguish it
    from other science centers. This grant continues previous PCF support for
    an initiative that helps low-income children from San Mateo County to
    participate in the Tech Challenge competition, an annual event for fifth
    through twelfth graders.
--  Elkus Ranch - UC Cooperative Extension, Half Moon Bay ($50,000): This
    600-acre working ranch was given to the UC Cooperative in 1975 for
    educational outdoor programs. It serves 9,000 children each year, with a
    special focus on urban, disabled and low-income children and youth,
    offering day and weekend visits for hands-on environmental educational
    learning. This grant will be used to expand the educational offerings by
    hiring an Environmental Science Educator.
    
About the PCF Community Endowment

The Community Endowment is a permanent charitable fund used to ensure continuous support for local causes, and currently holds $113 million in assets. Over the last 40 years, the Community Endowment has provided more than $404 million in direct community funding. In 2004, PCF made over 635 grants totaling more than $7.3 million to nonprofit organizations in San Mateo County and northern Santa Clara County through the Community Endowment.

"Our Community Endowment allows us to direct funds where and when they are most needed in our community," explained Sterling Speirn, President, Peninsula Community Foundation. "Over the last 40 years, we have been able to use these funds to support a wide range of programs and agencies, allowing organizations to expand services to the most in-need populations across the greater Bay Area."

For a complete list of approved grants, please visit www.pcf.org/community_grants.

About Peninsula Community Foundation

Peninsula Community Foundation, now celebrating 40 years of impact across the Bay Area and Silicon Valley, connects resources, people and ideas for the common good. PCF holds assets of more than $609 million including a $113 million Community Endowment. A leader in innovative philanthropy, PCF responds to the changing needs of the community in the areas of children and families, education, housing, health and human services, the environment and the arts. PCF divisions include the Center for Venture Philanthropy™, the Peninsula Partnership for Children, Youth and Families™, and the Peninsula Nonprofit Center™. More information on Peninsula Community Foundation and its award-winning programs can be found at www.pcf.org or by calling 650.358.9369.

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