Because Change Can’t Wait
At Stupski, we believe that the people closest to the challenges in our communities—not philanthropists— best determine where funds can make lasting change. When we move dollars and decisions into communities, we move closer to a society of solidarity, centered in justice and equity, where everyone can flourish. To realize that future, we are returning all of our resources to the communities we call home by 2029.
Our decision to spend down began with our founders. Larry and Joyce Stupski were committed to giving back to the communities they called home. As the former president and chief operating officer of Charles Schwab, Larry was passionate about using his success to create opportunities for others. Joyce, a longtime entrepreneur and former educator, shared this vision. After Larry’s passing, Joyce reestablished the Foundation as a spend down in 2014 to amplify what mattered most to them as a couple and to honor Larry’s memory. Since Joyce’s passing in 2021, the foundation continues to carry on their legacy and intent to spend down.
At Stupski Foundation, we’re working toward the day when our health, food, and postsecondary systems collectively promote well-being and abundance for everyone. We focus on partners who primarily serve the communities where we live and work in Hawai‘i and the San Francisco Bay Area. We believe that if we are to live our values, we must go all in on investing in the transformative work of our partners to disrupt and transform systems that create harm. Our communities’ needs have accelerated, the challenges have become more complex and the urgency to act has grown.