Tipping Point Community: COVID-19 Emergency Response
Today in the Bay Area, 1 in 5 people have less than $400 in savings. COVID-19 is only intensifying this financial strain due to loss in wages. For hourly workers, losing a shift can mean the difference in stable housing and eviction. Our grantees are already seeing the impact on the people they serve and are feeling the effects themselves. Tipping Point is committing $1 million in addition to this year’s core funding to support our network of grantees working on the frontlines. 100 percent of donations to Tipping Point go directly to its non-profits on the ground supporting vulnerable communities.
Low-income + unhoused people are relying on Bay Area non-profits more than ever before.
MEETING THE URGENT NEED
Tipping Point’s grantees connect with over 250,000 people annually, with most of these clients earning less than $32,000 a year. Demand for services has increased – and will likely skyrocket – as individuals and families struggle to get by due to loss of work and wages, increased need for childcare, inadequate health benefits, housing insecurity, and homelessness.
RESPONDING IN THIS TIME OF CRISIS
Our aim is to stabilize non-profits on the frontlines + get cash to our neighbors who need it the most.
Our steadfast philosophy is to provide flexible funds to the most promising organizations with proven leaders. We are distributing emergency funding as quickly as possible, with grants being given every two weeks. The majority of funding will be allocated to the non-profits in our portfolio with the greatest need. We are also looking into groups outside our portfolio to ensure we’re reaching as many people as possible who need support in this unparalleled time.