FOR IMMEDIATE RELEASE
For further information:
Albertson Family Foundation Communications Officer:
Jennie Sue Weltner, JSWeltner@www.jkaf.org, (208) 424-2640
J.A. and Kathryn Albertson Family Foundation awards $34M in 2014
Year-end gifts mark shift in giving strategy moving forward
BOISE – Dec. 30, 2014 — The J.A. and Kathryn Albertson Family Foundation invested $34 million primarily in Idaho students, teachers and communities in 2014.
Major year-end gifts, including $4 million to the South YMCA project, $1.3 million to overhaul Rhodes Park, and $1 million to Boys & Girls Clubs of Ada County completed a series of donations that signal a shift in the family foundation’s giving strategy.
Founded by grocery store mogul Joe Albertson and his wife Kathryn, the family foundation honors the pair’s belief that learning is the doorway to opportunity. Moving forward, the foundation will focus on three areas: learning innovations, awareness and community investments.
J.A. and Kathryn Albertson Family Foundation President and Joe Albertson’s great-granddaughter Jamie MacMillan said the new giving strategy follows the family’s vision of limitless learning for all Idahoans.
“Our focus is learning,” she said. “And learning can happen anywhere, anytime and to anyone — not just in the classroom.”
In the last five years, the J.A. and Kathryn Albertson Family Foundation piloted several education initiatives, including Go On Idaho, Khan Academy in Idaho, Doceõ Centers for Innovation + Learning and the Idaho PTECH Network, among others, benefiting tens of thousands of students at more than 120 public traditional, charter and alternative K-12 schools and every public university and community college in Idaho. Since 1997, the family foundation has invested almost $700 million in Idaho students, educators and schools.
MacMillan said versions of programs previously piloted will remain a component of the J.A. and Kathryn Albertson Family Foundation’s giving portfolio.
The J.A. and Kathryn Albertson Family Foundation will also continue to support transparency and accountability in Idaho’s public education system through increased funding of awareness initiatives like Idaho Education News and Idaho Education Trends, and publications like the ReThink Series.
Community investments are expected to quadruple by 2017.
“We believe philanthropy can transform communities and help people see what’s possible,” MacMillan said.
To view the J.A. and Kathryn Albertson Family Foundation 2014 Annual Grant Report, click here.
About the J.A. and Kathryn Albertson Family Foundation
The J.A. and Kathryn Albertson Family Foundation is a Boise-based, private family foundation committed to the vision of limitless learning for all Idahoans. Since 1997, the J.A. and Kathryn Albertson Foundation has invested almost $700 million in Idaho. The J.A. and Kathryn Albertson Family Foundation honors the legacy of Joe and Kathryn Albertson, founders of Albertsons grocery store, however it is not affiliated with Albertson’s, LLC. Grant-making is by invitation-only. For more information, visit jkaf.org