Established in 1948, the San Francisco Foundation works to mobilize resources and catalyze change that will build strong communities, foster civic leadership, and promote philanthropy in the San Francisco region. With $1.2 in total assets, the Foundation’s focus areas include full service schools, financial stability, sustainable communities, cultural hubs, and affordable housing. To leverage additional capital into underserved communities, the Foundation launched a PRI program in 2002 that provides loans and loan guarantees to organizations aligned with its program priorities. As of 2014, the program had seven active investments, which include a $500,000 loan to the affordable housing developer Eden Housing to help to finance the installation of solar panels on eight of its affordable multi-family properties, an effort projected to save up to $1.1 million in electricity costs.