The Erich and Hannah Sachs Foundation (“Foundation”) was established in 1997 by Reynold M. Sachs to honor his parents, World War II immigrants from Germany. Having themselves faced intolerance and economic hardship, Erich & Hannah Sachs developed deep commitments to tolerance and improving the quality of people’s lives, by creating greater economic and educational opportunities for those less fortunate or less able.
The Foundation is managed by a small group of professionals, enabling a maximum of its annual funding to go to exemplary charitable programs. The Foundation strives to minimize salaries, overhead and administrative costs, both its own and those of the charitable organizations and institutions it funds.
The Foundation's primary commitment is to improving the overall quality of life for economically and/or educationally disadvantaged individuals and families who manifest a genuine desire to help themselves. The Foundation also supports efforts designed to strengthen communities. Priority is given to those charitable organizations and institutions with an established record of increasing economic and educational opportunities in both low-income, inner-city neighborhoods, as well as in rural areas.
The Foundation provides support in a variety of areas, including: low-income housing, affordable day care, after-school programs, drug rehabilitation clinics, juvenile intervention (pre-incarceration) counseling, job-training, micro-loans to small, family owned businesses in Central and South America, and Africa, rural land/open space preservation, and college scholarship support to exceptional public high school students.
Since 2009, The Erich & Hannah Sachs Foundation has been a valued investor in Florida Community Loan Fund. Their partnership, alongside that of other investors and supporters, allows FCLF to deliver capital to Florida’s most needed areas. This is accomplished through FCLF’s community development loans that finance the development of affordable housing and community facilities that provide essential social services. Partnerships with organizations such as The Erich and Hannah Sachs Foundation are crucial for FCLF’s ability to create high social impact in Florida’s low-income communities.
Learn more at www.sachsfamilyfoundation.org
