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Philanthropic Ventures Foundation
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April 2011
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progress
a newsletter for our donors and colleagues
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Empowering People Living In Poverty
The work of Philanthropic Ventures Foundation is to empower people living in poverty to improve their lives. We work with teachers in public schools, new immigrants, young people in foster care, and program directors.
At PVF, we are not just a source of funds but also a referral source to help people, programs, and professionals. Not a week goes by where we aren't referring people to programs, programs to programs, and programs to new resources.
PVF funds programs that help low-income people. We know where people and programs can get used furniture, or where food, clothing and counseling can be accessed. We know people who have expertise that can help on about any issue. We help people conceptualize their ideas so they can become operational. We help people plan into their futures. We think this is what foundations are supposed to be doing. It's not just a matter of money.
How does one empower people to move out of poverty?
- At PVF we offer scholarships for young people to learn a trade at a community college. Students may be youth emancipating from foster care, single mothers, or English language learners, all persevering to enter a vocation despite multiple obstacles. As one Meng Scholarship recipient writes, "your support will have continued positive affect on many lives: In addition to mastering my trade as a carpenter, it is my goal to apprentice and mentor young people who share the background I have survived, youth from dysfunctional no-parent homes and at-risk lifestyles."
- PVF gives discretionary money to agencies serving the poor so they can use it as they best determine to help people become self-sufficient. Our money comes with no strings, and the reports from the agencies show the wide variety of client needs this funding helps to meet.
We give such money without being asked and there is no application. We honor those with whom we work as they honor their clients in the services they offer. An example is a discretionary grant to the Wilderness School program in Daly City, an intensive outdoor leadership training course that works with teens who have dropped out of school and may be heading into gangs, homelessness, poverty.
All of these efforts, we hope, help make our society more humane and healthy and we thank our donors for making it all possible.
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Join Us
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Philanthropic Ventures Foundation has come to depict exciting philanthropy - grassroots giving that is born out of creative thinking. If readers would like to explore new possibilities in their giving, we are ready to meet at your convenience. We believe your giving should be fun, satisfying and significant.
We can be reached at (510) 645-1890.
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About the Editor
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Bill Somerville has been in non-profit and philanthropic work for 50 years. He was the director of a community foundation for 17 years, and in 1991 founded Philanthropic Ventures Foundation where he serves as Executive Director. PVF is a demonstration foundation practicing unique forms of grantmaking and conducting innovative philanthropy. Bill has consulted at over 400 community foundations in the United States, Canada, and the U.K., on creative grantmaking and foundation operations. His primary interest is in the creative and significant use of the philanthropic dollar.
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Board of Directors
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John P. Carver, Chair
Retired Senior Vice-President
The Gap Inc.
Duncan Beardsley
Marketing Consultant
William E. Green
Attorney
William Green & Associates
Albert J. Horn
Attorney
Carr, McClellan, Ingersoll,
Thompson & Horn PC
Bill Somerville, President
Executive Director
Philanthropic Ventures Foundation
Jackie Speier
U.S. Representative
12th District of California Moira C. Walsh
Attorney and
Philanthropic Advisor
Cole Wilbur Trustee and Former President, David and Lucile Packard Foundation
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Board of Advisors
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Janet Camarena
Director, San Francisco Office,
The Foundation Center
Leonard EdwardsJudge-in-Residence, California Administrative Office of the Courts Sean Stannard-StocktonCEO Tactical Philanthropy Advisors
Dien Yuen
Director of Philanthopy, Give2Asia
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Where's Bill?
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We have a new blog that describes where PVF Director Bill Somerville spends time outside the office meeting with outstanding program directors. Our readers are encouraged to log on and add your comments. Here's a look at our most recent post:

A donor at PVF has given substantial financial support to Habitat for Humanity, the program that builds affordable housing. The Bay Area chapter out of San Francisco has undertaken over 100 housing projects and I just visited the Daly City construction project which will be 36 condominium units, 2 bedrooms, and 1,000 square feet each. The project is being built by volunteers with minimal professional paid workers. One of the paid professionals was an AmeriCorps volunteer click here to read more...
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PVF's 2010 Report
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PVF's 2010 Report is now available! Click here to view.
Highlights:
- Over 20 years we have given out over $68 million in grants
- In 2010 we gave out over $5 million in grants
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Philanthropic Ventures Foundation, 1222 Preservation Park Way, Oakland CA 94612-1201
Telephone: (510) 645-1890 Fax: (510) 645-1892
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www.venturesfoundation.org
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