In 1948, a small group of civic leaders, led by Daniel Koshland, started The San Francisco Foundation. The San Francisco Foundation has become one of the nation's largest community foundations with $800 million in assets. The Foundation continues to build on Koshland's vision with its $65 million in annual grantmaking, its Koshland Neighborhood Program, Community Leadership Awards, various neighborhood and affinity based initiatives, community convenings and other programs designed to work with community leaders and nonprofits to improve the quality of life in the Bay Area. The San Francisco Foundation addresses community needs by supporting innovative ideas and strengthening existing nonprofit organizations that lack sufficient resources or infrastructure. As a regional community foundation serving San Francisco, Marin, Alameda, Contra Costa and San Mateo counties, it focuses in the areas of community health, education, arts and culture, neighborhood and community development, the environment and social justice.