Founded in 1979, the Koret Foundation focuses, in part, on supporting Bay Area anchor institutions. Recognizing the importance of anchor institutions—civic organizations, educational institutions, cultural establishments, and large human-service organizations— to creating a strong, dynamic Bay Area for current and future generations, it provides capital project, general operating, and program support to such organizations. In 2013, its Anchor Institutions program disbursed more than $11 million in grants, which comprised nearly half of its total $25 million in grant awards.
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