SF philanthropic fund to end LGBTQ investments next year
A major San Francisco-based foundation that has supported marriage equality, LGBTQ faith-based work, and legal organizations for more than two decades has announced that it will end its grants to queer nonprofits in 2023, likely leaving many of them scrambling to replace the revenue.
The Evelyn and Walter Haas Jr. Fund stated January 28 that it is commencing a "two-year wind-down" of its investments in LGBTQ equality.
It began its LGBTQ program 21 years ago, according to a letter. "Recognizing the challenges in achieving nationwide federal protections, and citing a new waveof anti-transgender laws in the states, Cathy and Robert acknowledged that the LGBT movement's work is far from over," a news release states, referring to Haas Jr.
Fund President and CEO Cathy Cha and Vice President of Programs Robert Joseph. "In the coming two years, the fund will be providing its LGBT grantees with the transitional support they need to prepare for the next chapter in their work.
