News

Koret recently renewed its commitment to local veterans with a $1.5 million investment in the Koret Veterans Initiative over three years. First launched in 2019, this initiative helps Bay Area veterans address barriers to success.

This Veterans Day, learn about Koret’s commitment to grantmaking that supports vets in key areas as they reintegrate into civilian life:

We are proud to honor our local military veterans this Memorial Day and every day. Koret’s Veterans Initiative helps vets reintegrate into civilian life with mental healthcare, workforce development, and community building to combat social isolation.

One year after the Bay Area initially shut down, Koret’s director of programs, Danielle Foreman, reflects on the impact of our community’s nonprofit sector, as well as its future. (photo: Getty Images / EyeEm)

2020 was a challenging year and clearly not what anyone expected, and yet we have been inspired by the ingenuity and strength of our grantees, who have risen to the occasion and found new and expanded ways of serving the community.

Koret director Michael Boskin pays tribute to colleague, mentor, and friend George Shultz, a longtime Koret advisor who left a lasting impact on US policy, diplomacy, and the economy. (Photo: Mary Anne Fackelman / White House via CNP/Getty Images)

The Koret Foundation announced funding for seven Bay Area food banks and meal delivery services, to help groups serving the hungry during the COVID-19 pandemic. The pandemic has caused the number of people requiring assistance to skyrocket. Michael Boskin, president of the Koret Foundation, said that he hopes Koret’s grants will “encourage other donors to do the same.”

Koret’s Senior Program Officer, Ashley Rodwick, reflects on the changing landscape of food insecurity in the Bay Area.

As we enter the holiday season, we are reminded of the importance of caring for our community members who are most in need. The Koret Food Program is one of the Foundation’s longest-standing initiatives. Since 1981, we have provided more than $11 million in grants to 24 Bay Area nonprofits that offer food, support, and basic necessities to the most vulnerable in our community.

The Koret Foundation seeks to strengthen the US-Israel relationship through bridge-building activities, including academic collaborations, trips to Israel, leadership development, and education programs. One of the signature grants in this portfolio is to Shalem College in Israel for the Koret Jewish Peoplehood Project.

2020 was a challenging year and clearly not what anyone expected, and yet we have been inspired by the ingenuity and strength of our grantees, who have risen to the occasion and found new and expanded ways of serving the community.