The San Francisco-based Craigslist Foundation has announced that it will close its doors by the end of March.
In a letter on its Web site, the foundation's president and CEO Lynn Luckow described the organization's intention to "find appropriate homes" for its three key programs, the Nonprofit Boot Camp, an annual conference designed to help organizations network and grow; LikeMinded, a platform for sharing information on social change; and Alliance Building, an effort to create a network of community builders.
The foundation has posted an FAQ to provide some answers about its decision and will continue to share current podcasts, videos, and other online resources through 2012. The decision has no effect on craigslist, Inc. or craigconnects.org, an initiative launched by craigslist founder Craig Newmark in 2011 to empower disadvantaged communities through technology.
The craigslist company's philanthropy "is now focused on supporting numerous worthy charities via its charitable fund," Luckow wrote in the letter posted to the site. "We owe a special thanks to craigslist for ten years of generous financial support and partnership, and for lending its name to our efforts."