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Draft:Prebys Foundation

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The Prebys Foundation, legally known as the Conrad Prebys Foundation,[1] is an American private foundation based in San Diego, California, United States.[2] The Prebys Foundation invests in arts and culture, health and well-being, youth services, and medical research initiatives in San Diego.[3][4][5]

History

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The foundation was established through the estate of Conrad Prebys (1933–2016), a real estate developer, property manager  and philanthropist.[6][7] Following Prebys’ death in 2016, he bequeathed proceeds from the sale of his real estate holdings to be used to fund the foundation's charitable efforts.[3][5][8]

The Prebys Foundation officially launched in 2020, with $1.12 billion in proceeds[3] from the sale of its 6,000-apartment portfolio.[8] The organization appointed Grant Oliphant,[9] former president of Pittsburgh's Heinz Endowments, as its chief executive officer[10] in March 2022.

The Board of Directors includes civic, business, and philanthropic leaders from across San Diego County.[11]

Grantmaking and Special Initiatives

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Following the establishment of its strategic plan in 2023, Prebys Foundation awarded 214 grants totaling $57.6 million to organizations focused on visual and performing arts, youth success, healthcare and medical research, including a $30.6 million grant cycle announced in December 2023.[4]

From 2023 to 2025, the foundation’s grantmaking has reflected continued investment in strengthening the region’s arts ecosystem,[3][12][13] youth workforce development[14] improving health outcomes[15][16] and innovation in medical research.[17][18][19]

The Prebys Foundation also supports special initiatives including Healing Through Arts and Nature, an initiative investing in San Diego nonprofits using arts and nature programs to support mental and physical health,[5][20] research and advocacy for the Tijuana River Valley contamination crisis,[21][22] and Prebys Ventures, a $50 million fund focused on San Diego tech and life sciences startups.[23][24]

Beyond standard grantmaking, the foundation has taken an active role in the redevelopment of San Diego's downtown Civic Center District.[3] Following stalled redevelopment efforts by city officials,[25] Prebys Foundation emerged in 2025 as a primary backer of a new revitalization plan,[26] funding a third-party economic impact study by U3 Advisors, which estimated that relocating San Diego’s City Hall could save the city approximately $325 million in projected long-term costs.[27]

References

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  1. ↑ Roberts, Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon (2013-05-09). "Conrad Prebys Foundation - Nonprofit Explorer". ProPublica. Retrieved 2026-10-13.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ↑ "The Conrad Prebys Foundation | EIN 20-3216993 | Candid". app.candid.org. Retrieved 2026-10-13.
  3. 1 2 3 4 5 Keatts, Andrew (2025-05-12). "The foundation reshaping San Diego's future". Axios. Retrieved 2026-10-13.
  4. 1 2 "Prebys Foundation announces $30.6 million in grants for arts, health, medical research and youth success". San Diego Union-Tribune. 2023-12-05. Retrieved 2026-10-13.
  5. 1 2 3 "Prebys Foundation making $5.2 million bet on healing value of arts and nature". San Diego Union-Tribune. 2025-01-15. Retrieved 2026-10-13.
  6. ↑ Service, City News (2016-07-25). "San Diego philanthropist Conrad Prebys dies". ABC 10 News San Diego KGTV. Retrieved 2026-10-13.
  7. ↑ "Philanthropist Conrad Prebys dies of cancer". San Diego Union-Tribune. 2016-07-25. Retrieved 2026-10-13.
  8. 1 2 Bluesky (2021-02-09). "Conrad Prebys Estate Putting Thousands Of Low-Cost Apartments Up For Sale". KPBS Public Media. Retrieved 2026-10-13.
  9. ↑ Robbins, Gary (2021-12-01). "Prebys Foundation appoints noted Pittsburgh philanthropy expert as CEO". San Diego Union-Tribune. Retrieved 2026-10-13.
  10. ↑ Gratzinger, Ollie (2021-12-01). "Pittsburgh Is Losing One of Its Longtime Philanthropic Leaders". Pittsburgh Magazine. Retrieved 2026-10-13.
  11. ↑ "Our Board". prebysfdn.org. Retrieved 2026-10-13.
  12. ↑ Diego, Chris Jennewein • Times of San (2024-08-02). "Prebys Foundation Awards $5.8 Million in Grants to Strengthen 'Arts Ecosystem' in San Diego County". Times of San Diego. Retrieved 2026-10-13.
  13. ↑ Scutari, Mike (2025-10-02). "How the Prebys Foundation Provided a Lifeline to Arts Groups Affected by Federal Cuts". Retrieved 2026-10-13.
  14. ↑ "24 San Diego nonprofits awarded nearly $6 million to fund youth workforce opportunities". San Diego Union-Tribune. 2024-09-23. Retrieved 2026-10-13.
  15. ↑ "More than $4 million awarded to community health groups in San Diego County". San Diego Union-Tribune. 2025-11-14. Retrieved 2026-10-13.
  16. ↑ Diego, Brooke Binkowski • Times of San (2025-11-17). "Health orgs grateful, but work still to be done after Prebys Foundation grants". La Jolla. Retrieved 2026-10-13.
  17. ↑ Team, SDSU News (2025-05-28). "SDSU to receive part of Prebys Foundation $7M emergency support for biomedical research | News | SDSU". www.sdsu.edu. Retrieved 2026-10-13.
  18. ↑ "Supporting Medical Research With the Prebys Research Heroes Program". Science Philanthropy Alliance. Retrieved 2026-10-13.
  19. ↑ Diego, Elizabeth Ireland • Times of San (2025-05-29). "Prebys Foundation launches $7M emergency fund to safeguard San Diego biomedical research". Times of San Diego. Retrieved 2026-10-13.
  20. ↑ "$125,000 grant goes to music therapy for homebound seniors with critical illnesses". San Diego Union-Tribune. 2026-02-19. Retrieved 2026-10-13.
  21. ↑ Brennan, Deborah (2026-03-11). "This California river is the most polluted in the country: a new report spells out ways to fix that". CalMatters. Retrieved 2026-10-13.
  22. ↑ Email (2026-03-12). "Chamber report proposes 5 pillars to solve Tijuana River sewage crisis". KPBS Public Media. Retrieved 2026-10-13. {{cite web}}: |last= has generic name (help)
  23. ↑ Diego, Jennifer Vigil • Times of San (2025-02-14). "Prebys Foundation Establishes $50M Fund to Invest in Tech, Life Sciences Startups". Times of San Diego. Retrieved 2026-10-13.
  24. ↑ Diego, Chris Jennewein • Times of San (2025-10-24). "Prebys Ventures invests $5 million in five San Diego healthcare startups". Times of San Diego. Retrieved 2026-10-13.
  25. ↑ Keatts, Andrew (2025-02-13). "San Diego Civic Center revitalization push continues after Gloria halt's city plan". Axios. Retrieved 2026-10-13.
  26. ↑ Keatts, Andrew (2025-05-07). "First look: The plan to revitalize downtown San Diego". Axios. Retrieved 2026-10-13.
  27. ↑ "Report: San Diego could save a ton of money if it relocates City Hall". San Diego Union-Tribune. 2026-01-27. Retrieved 2026-10-13.