The Mortimer Fleishhacker Foundation
was founded in 1947 by Mortimer Fleishhacker, a banker and businessman
who was active in many non-profit and educational institutions in the
San Francisco Bay Area. He had been a founder of the Community Chest
(forerunner of the United Way) and was for many years a Trustee of the
University of California. He also served on the boards of various cultural
organizations in the City.
The original Trustees were his son
Mortimer Fleishhacker, Jr., his daughter, Eleanor F. Sloss and Paul
T. Wolf, an attorney and long time friend of the family who acted as
Secretary and provided legal advice. The original contribution, and
the only contribution for three decades, was a building at the southwest
corner of Market Street and Van Ness Avenue in San Francisco which Fleishhacker
had acquired many years before. The building housed an automobile showroom
on the ground floor and a dancehall on the upper floor. The dancehall
was a legitimate business, being a place where San Franciscans could
go to dance popular ballroom dances to good orchestral music. This form
of entertainment was very popular in the days before TV and large screen
movies. As a consequence of this building's excellent tenancies, a reasonable
amount of rent was generated which provided a basis for early contributions
of the Foundation to worthy causes. However, the net income was fairly
limited and did not provide enough for any major funding.
After Mortimer Fleishhacker died in
1953, his son Mortimer Fleishhacker, Jr. took over management of the
Foundation. The Board made yearly contributions to causes in which members
were interested. Most of the grants in the early days were in the art
or music fields to such organizations as the San Francisco Symphony
and the San Francisco Opera. In 1970, the building at Market and Van
Ness was sold to a hotel developer for a considerable sum (at that time)
which provided a much larger asset base for the Foundation.
This money ($1,250,000) was turned
over to Dodge and Cox, an investment management firm, which invested
the funds in stocks and bonds. During subsequent years the funds grew
and continued to provide income which allowed the Foundation to constantly
increase its grantmaking.
In the late 1960's, Mortimer Fleishhacker,
Jr. (who dropped the "Jr." after his mother died.) became
interested in The American Conservatory Theater (ACT) after seeing their
performances at the Stanford Summer Festival. ACT was looking for a
new home since they were no longer able to find support in the cities
on the East Coast and Midwest where they had been operating. Fleishhacker
promised ACT that he would find additional support for ACT to come to
San Francisco, and together with Cyril Magnin and Ben Swig, he established
the American Conservatory Theater Foundation which brought ACT to the
City and set them up in the Geary Theater where they continue to exist.
Much of the seed money and considerable operating funds during the first
several years of ACT's presence in San Francisco came from the Foundation.
In 1976, Mortimer Fleishhacker died
and the management of the Foundation was taken over by his sister, Eleanor
Spilker Sloss. The Trustees met about twice a year to review the many
applications which were starting to arrive as foundation granting was
becoming a more popular means for raising funds. The process was very
informal; requests were discussed and approved on the basis of individual
interest. No formal guidelines had been established and no true review
system was followed. There was an ever increasing flow of applications,
and the need for a more formal grantmaking system became evident.
In 1978 the Foundation engaged the
services of two consultants, who, after about two months of study, recommended
that the Foundation hire a part time Executive Director. An interview
process was launched and within only a short time Susan Robinson (later
Susan Clark), who had been working at Lone Mountain College was employed
for the job.
Since then the Executive Director
position has become full time and is now held by Christine Elbel.
Mortimer, Jr. had left $991,000 in
his will for his wife to use for charitable purposes. With those limited
funds, a new foundation was set up under the name of the Janet and Mortimer
Fleishhacker Foundation. At the time of her death, the Janet and Mortimer
Fleishhacker Foundation became the "property" of her children,
Delia Ehrlich, Mortimer, III, and David. The two foundations were merged
in 1987.
By 1990, the Foundation's assets totaled
$6.5 million. Its two grant categories, arts and education, were structured
into program interest areas, allowing a range of needs to be funded
within a stated set of priorities.
In 1998 the Foundation moved to the
Presidio which had been de-commissioned as an Army base and put to civilian
use. The assets as of 2007 had grown to approximately $17 million.