PHILANTHROPIC VENTURES FOUNDATION
ANNOUNCES RECIPIENTS OF
$1.5 MILLION IN GRANTS
May 19, 2021 – MENLO PARK: Today the Philanthropic Ventures Foundation, in partnership with Facebook and the City of Menlo Park, announced the recipients of $1.5 million from Facebook’s Innovation Fund to make the construction of Accessory Dwelling Units (ADUs)*1 more affordable and accessible. Each grantee will use the money from Facebook’s Innovation Fund to create new high-impact housing projects that enable efficient construction designed to drive down the cost of housing production.
The grantees will work collaboratively to expand their impact.
“We need radical collaboration, now more than ever,” said James Higa, executive director of the Philanthropic Ventures Foundation. “It was an honor and a joy to collaborate with Facebook, our community advisors, and grassroots front line organizations for these grants. We are stronger when we march together.”