Member Spotlight: Visa Foundation Commits $12 Million to Address Youth Homelessness
Visa Foundation has announced a $12 million grant to Tipping Point Community, a nonprofit organization committed to fighting poverty in the San Francisco Bay Area. Visa Foundation will partner with Tipping Point and its community network to direct these funds to impactful local service providers in Bay Area neighborhoods with the goal of driving lasting change in the lives of youth. Visa Foundation is proud to align with the critical work of Tipping Point Community and to take the next step in a partnership that has been forged over several years. The Visa Foundation grant will support a broader three-year $16 million total combined initiative to curb youth homelessness in six San Francisco Bay Area counties.
“Homelessness in the Bay Area is the defining issue of our time for our community. It is happening on our watch, and we all need to do our part to solve it,” said Oliver Jenkyn, group president and president of North America, Visa and member of the Tipping Point board of directors. “As broad and complicated as the issue is, we are committed to working to reduce the tragic number of families and youth experiencing homelessness. Visa and Visa Foundation are ready to roll up our sleeves with Tipping Point to have an impact.”
“Visa Foundation and Tipping Point recognize that no single institution acting alone can prevent or address youth homelessness in the Bay Area,” said Graham Macmillan, president of Visa Foundation. “It is through an aligned and coordinated effort across service providers and systems that we can effectively direct resources to address youth homelessness where they have the greatest impact.”
Read more on Visa Foundation’s grant>>
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