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The Real Cost Project is a joint statewide initiative of Northern California Grantmakers, Southern California Grantmakers and San Diego Grantmakers. The goal of the Real Cost Project is to increase the number of funders that provide real-cost funding and to build the skills and capacity of all those engaged in grantmaking, including foundations, corporations, individuals, and government.
Nearly a third of California’s households “struggle each month to meet basic needs,” largely because of the state’s high cost of living, a new study by United Ways of California concludes.
The study relies on what the organization calls a “real cost measure” that goes well beyond the Census Bureau’s official poverty measure, which dates back to the early 1960s and pegs California’s rate at just half of what the United Ways study found.