The has announced grants totaling more than $2.2 million to nonprofits serving residents of Santa Clara and San Mateo counties.
The grants, which range from $15,000 to $238,500, address education, immigrant integration, and economic security issues in the region. Eighteen organizations in the two counties will receive a total of $748,465 in support of out-of-school programs, while seventeen organizations were awarded a total of $801,910 to develop and maintain high-quality English as a Second Language programs for immigrants. In addition, the foundation awarded $673,500 in grants to five nonprofits that are advocating against the expansion of payday lending operations, which frequently trap low-income borrowers in a cycle of debt.
Recipients include the , which was awarded $75,000 in support of an intensive algebra-readiness summer program for more than a thousand eighth-graders; the , which received $60,000 in support of vocational ESL training for low-wage immigrants at their work sites and at community colleges and adult schools; and the , which was awarded $238,500 in support of the , an effort to stop the proliferation of payday lenders in Santa Clara County and pave the way for statewide reform and better consumer lending alternatives.
"Silicon Valley Community Foundation has targeted these grants to organizations that can really make a difference at crucial points in people’s lives," said SVCF vice president of community leadership and grantmaking Erica Wood. "Students who conquer math in middle school have more academic success lifelong. People who learn English become more productive members of the local economy and more integrated into Silicon Valley. Avoiding the harmful cycle of payday lending helps build people’s financial security. The grants our board has approved will benefit thousands of residents of our two counties for years to come."
For a complete list of , visit the SVCF Web site.