| SAMCAR Foundation |
SAMCAR Foundation Awards $62,090 in Grants in 2019
In 2019, the SAMCAR Foundation awarded $62,090 in grants to numerous housing-related charities in San Mateo County and first time buyers working with the HEART program.
CORA |
$3,500 |
HEART |
$3,500 |
Retraining the Village |
$3,000 |
St. Vincent de Paul |
$3,500 |
Rebuilding Together Peninsula |
$4,500 |
LifeMoves |
$4,700 |
Pacifica Resource Center |
$390 |
Foster City Village |
$3,000 |
Habitat for Humanity |
$3,000 |
Home & Hope |
$3,000 |
StarVista |
$3,000 |
HEART First Time Buyers |
$20,000 |
San Carlos Education Foundation* |
$300 |
Belmont/Redwood Shores School Force* |
$300 |
St. Anthony Padua* |
$3,200 |
Catholic Worker's House* |
$3,200 |
TOTAL |
$62,090 |
* indicates beneficiary of the South Tour Auction
The primary funding sources for SAMCAR Foundation grants are voluntary contributions made by SAMCAR members with their dues payments and fundraising from annual events. In 2019, members contributed a total of $16,653, in addition to over $23,000 raised at annual fundraising events and the South Tour Auction. As of January 2020, members have contributed over $20,000 to the Foundation—a 25% increase year over year.
In addition to funding from member contributions and events, the SAMCAR Foundation was awarded a $50,000 grant from the California Association of REALTORS® (C.A.R.) Housing Affordability Fund (HAF) in 2018. The funds from this grant have been used to assist qualified first-time homebuyers with closing costs expanding the HEART of San Mateo County First Time Homebuyer Program. In 2019, the SAMCAR Foundation provided this assistance to six first-time buyers in San Mateo County and has now dispersed all the grant money from C.A.R. HAF.
Grant applications are considered by the Foundation Council each quarter.
