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Friday, Apr 19, 2024
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SDBJ Insider

SDF Gets $100M Donation

San Diego Foundation has received $100 million – the largest single donation ever given to a San Diego nonprofit – from the estate of former Ocean Beach resident and successful San Diego area entrepreneur Jay Kahn.

“Jay Kahn was a compassionate man who loved San Diego and wished for his legacy and estate to be used for the good of San Diego,” said Mark Stuart, president and CEO of the foundation. “We had no existing relationship with Jay until we learned that he believed San Diego Foundation would achieve his goal and honor his wishes.”

Stuart said the first grants from Kahn’s gift include 10 unrestricted awards of $150,000 each to San Diego-based music education nonprofits to advance their work with underserved children. Kahn’s gift will also support housing and other regional strategic plan initiatives, with more than $86 million earmarked to establish the Jay Kahn Endowment Fund at San Diego Foundation.

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The Jacobs & Cushman San Diego Food Bank’s Board of Directors has elected Clifford “Rip” Rippetoe as Board Chair. Rippetoe is president and CEO of the San Diego Convention Center Corporation and serves as a board member  the Downtown San Diego Partnership, the San Diego Regional Chamber of Commerce and the San Diego Regional Economic Development Corporation.

“The Jacobs & Cushman San Diego Food Bank and San Diego Convention Center have fostered a decades-long relationship built on the shared goal of helping our neighbors who are facing hunger,” said Rippetoe. “We recognize the urgency and importance of solving food insecurity in our communities. As Board Chair, I look forward to championing innovative and effective ways of meeting San Diego’s evolving needs.”

The Jacobs & Cushman San Diego Food Bank and its North County Food Bank chapter comprise the largest hunger-relief organization in the region. Last year, the Food Bank distributed 45 million pounds of food, the equivalent of 37.5 million meals.

Food Bank CEO Casey Castillo said, “We are honored to have such a widely respected community leader at the helm of our Board of Directors, and we look forward to working with him as we continue to strengthen our critical hunger-relief programs and services for the local community.”

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The San Diego County Regional Airport Authority welcomed four new members to its Board of Directors in February – County Supervisor Nathan Fletcher and Oceanside Mayor Esther Sanchez as well as Lidia S. Martinez and Rafael Perez.

“These Board Members come to the Airport Authority at an exciting time,” said Airport Authority Board Chair Gil Cabrera. “Their leadership and insight will be very helpful as we continue to build the New T1, which will meet the current and future transportation needs of our region.”

“I look forward to working with Supervisor Fletcher, Mayor Sanchez, Mrs. Martinez, and Mr. Perez,” said Airport Authority President and CEO Kimberly Becker. “With the development of the New T1, there are many things to be accomplished over the next several years.”

The Airport Authority is governed by a nine-member Board, with three additional members serving ex officio.

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