Evelyn and Walter Haas Jr. Fund to Close, Distribute Assets to Next Generation
The Evelyn and Walter Haas Jr. Fund, a prominent San Francisco-based philanthropic organization, has announced plans to cease operations by 2028. The fund, established in 1953, has been a significant supporter of progressive causes, including Jewish initiatives. As part of its closure, the fund will distribute its remaining assets among the three branches of the Haas family. This decision reflects a broader trend in philanthropy where younger generations are shifting their focus to new causes and methods of giving. The fund's closure is part of a generational transition in the philanthropic sector, particularly within the Jewish community, where younger donors are less inclined to support traditional Jewish organizations. 
