There’s been a lot of talk recently about the so-called “K-shaped” economy: The K’s upward-slanted stroke represents wealthy residents who are getting wealthier, while the line sliding downward stands for the dwindling prospects of the less-well-off.
That phenomenon may also be affecting charitable giving. While the San Diego Foundation saw a surge of new donors during the pandemic, there’s been less of a rush to give amid sweeping federal cuts to social service programs.
“With Covid, everyone felt connected to the issue,” said Pamela Gray Payton, a vice president at the foundation. “Right now, I don’t sense that everyone has felt the impact — nor do they necessarily know someone who has.”
In an effort to both rally support for vulnerable neighbors and offset at least some budget cuts, the foundation earlier this year launched the San Diego Unity Fund to aid residents struggling with the cost of housing, health care and food. Hundreds of donors have already given more than $32 million, and the foundation has so far pledged to distribute more than half of that to a range of nonprofits.
The Partnership for the Advancement of New Americans will receive $50,000 to cover rental aid and other services. The San Diego Rescue Mission, which shelters and feeds homeless people, g...

1 month ago
3















English (US) ·