Haas Fund to Close in 2028, Redistributing Assets Amid Generational Philanthropic Shift
The Evelyn and Walter Haas Jr. Fund, a San Francisco-based philanthropic organization, will cease operations in 2028, marking its 75th anniversary. The decision to close the fund was announced by Walter 'Wally' Haas, the son of the founders, Evelyn and Walter Haas Jr. The fund, established in 1953, has been a significant supporter of progressive causes, including Jewish initiatives. The closure is part of a broader trend in philanthropy where younger generations are redefining their giving strategies and priorities. The fund has distributed over $780 million, supporting both local and international causes. In recent years, it has shifted focus away from Jewish organizations, drawing criticism for a $100,000 grant to an anti-Israel group. The fund will continue to support democracy, immigrant rights, and college success until its closure, and will provide substantial grants to local initiatives like the Season of Sharing Fund, Crissy Field, and the Haas Pavilion at UC Berkeley. 
