Diversification Leads to the Prebys Foundation's Scalable Success

14 Dec 2025 • 27 min • EN
27 min
00:00
27:45
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Gil Alvarado, Chief Financial and Investment Officer of the Prebys Foundation, is joined by Mike Krenn, Managing Director of Prebys Ventures, to chat about medical research, healthcare and the arts, along with its investment of $50 million in early-stage tech and life sciences companies. Alvarado and Krenn discuss the importance of diversification within San Diego's defense, tech, and tourism sectors. The foundation also supports small businesses and nonprofits, addressing housing challenges through innovative investments. The goal is to create a sustainable, inclusive economy that benefits future generations. About Spotlight and Cloudcast Media   "Spotlight On The Community" is the longest running community podcast in the country, continuously hosted by Drew Schlosberg for 20 years.  "Spotlight" is part of Cloudcast Media's line-up of powerful local podcasts, telling the stories, highlighting the people, and celebrating the gravitational power of local.    For more information on Cloudcast and its shows and cities served, please visit www.cloudcastmedia.us. Cloudcast Media | the national leader in local podcasting.   About Mission Fed Credit Union   A community champion for over 60 years, Mission Fed Credit Union with over $6 billion in member assets, is the Sponsor of Spotlight On The Community, helping to curate connectivity, collaboration, and catalytic conversations.  For more information on the many services for San Diego residents, be sure to visit them at https://www.missionfed.com/

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