Sacramento Region Community Foundation

Sacramento Region Community Foundation

Founded in 1983, the Sacramento Region Community Foundation channels philanthropic capital from local donors, families, and businesses into four counties: El Dorado, Placer, Sacramento, and Yolo. CEO Kerry Wood runs the organization, with Bret Hewitt — formerly a managing director at Cambridge Associates — chairing the investment committee. The foundation's work spans donor-advised funds, a supporting organization, and collaborative programs designed to strengthen the region's nonprofit infrastructure. The foundation's investment approach mixes traditional endowed portfolio management with direct real estate exposure. Confirmed holdings include an income-generating commercial office at 955 University Avenue in Sacramento and two mixed-use properties held through SRCF Holdings LLC and SRCF Holdings 2 LLC. The endowed investment portfolio — estimated at $132 million (Altss estimate) — allocates across venture capital, private equity, natural resources, and fund-of-funds structures. Grantmaking priorities concentrate on health equity, education, and arts, with the Crocker Art Museum standing as a named beneficiary. Bret Hewitt's committee governs the capital strategy, supported by CFO Naomi Wilson and an advisory layer that includes former CFO Jim McCallum. The foundation maintains institutional memberships in AAPIP, the League of California Community Foundations, and the Council on Foundations, connecting its grantmaking to broader policy and practitioner networks. A Yolo Community Foundation affiliate extends the geographic reach specifically into Yolo County's donor base. A structural distinction sets Sacramento Region Community Foundation apart from most community foundations: it holds direct real estate assets alongside its grantmaking portfolio, rather than outsourcing all property exposure to fund managers. This hybrid posture — direct real estate LLCs plus conventional endowed investment mandates — gives the foundation a balance-sheet complexity more typical of a private foundation or single-family office, even as it remains a public charity governed by donor intent and community need.