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Y & H Soda Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Y & H Soda Foundation

1635 School St.

Moraga, CA United States 94556-1150

Telephone: (925) 631-1133

URL: www.yhsodafoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Sports

Financial Data

(yr. ended 2014-12-31)

Assets: $135,488,052

Total giving: $5,495,000

EIN

941611668

BRIDGE Number

1404567309

Additional Contact Information

Information for grant inquiries: Program-Assistant@yhsodafoundation.org

Background

Established in 1964 - Founded by the late Y. Charles "Chet" Soda and the late Helen C. Soda. Chet Soda was the first general partner of the Oakland Raiders. Long time residents of the East Bay, Helen C. Soda was a devoted wife and community leader. Mr. Soda initially was a cement contractor who later invested in a variety of business and property ventures. The Sodas were active in a variety of civic and philanthropic organizations and shared a special interest in education.

Purpose and Activities

The foundation focuses grantmaking on four program areas: 1) Family Economic Success; 2) Community Organizing; 3) Immigration Legal Services; and 4) Urban Catholic Education. .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Community Organizing

The foundation envisions an East Bay where all people participate fully in civic life - in their schools, at their workplace, in their faith communities, and in their neighborhoods. The foundation believes community engagement is made possible when leaders from diverse groups are well trained and work together for the common good. .

Family Economic Success

The foundation believes in the dignity of work and the promise of upward economic mobility. Family Economic Success is made possible when low-income, underserved families are provided opportunities to stabilize their finances, earn a decent living, and save for the future. The two goals of the Family Economic Success program area are to: 1) help families to increase their incomes (income growth); and 2) help families to increase their assets (asset building).

Immigration Legal Services

The foundation seeks to strengthen organizations that help newcomers achieve legal status in the community by providing citizenship and immigration legal services, a first step toward family economic success and civic engagement.

Program-Related Investment

The foundation has awarded a PRI to a community development organization to encourage social enterprise development. Historically, the foundation has made PRIs in the form of loans to housing organizations.

Urban Catholic Education

This program is by invitation only. For nearly 20 years, the foundation has been deeply committed to Catholic elementary and high school education, especially for low income urban children and their families. As a crisis in Catholic education sweeps our nation and challenges our local schools and parishes, the foundation is shifting its strategy away from tuition assistance to a more proactive partnership with the Diocese of Oakland. The program's intention is to have a lasting impact on improving and sustaining Catholic schools that serve underserved urban communities.

Fields of Interest

Subjects
  • Catholicism
  • Community and economic development
  • Economic development
  • Financial services
  • Job training
Population Groups
  • Immigrants
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $135,488,052 (market value)

Expenditures: $10,397,115

Total giving: $5,495,000

Qualifying distributions: $6,671,249