Tens of thousands of fans take part in the Golden State Warriors 2015 NBA championship parade and rally in downtown Oakland on June 19, 2015. (Photo: MONICA M. DAVEY, EPA) 
 
 OAKLAND — Tuesday, it was Christmas in July for this hard-knocks city still giving thanks for an NBA championship in June. 
 
 Looking to help "underserved" residents, an anonymous benefactor has donated $34 million for education, jobs, health care, housing and technology skills. The gift will help build 731 affordable housing units, create about 2,500 jobs and channel millions for early-childhood education and African-American student achievement. 
 
 "It was a once-in-a-lifetime opportunity," Fred Blackwell, CEO of the San Francisco Foundation and former Oakland administrator, told a news conference. 
 
 Mayor Libby Schaaf thanked the "generous soul," saying, "Government can't do it alone." 
 
 The foundation, which will disburse the funds to non-profit organizations, received a call in February from a donor who wanted the money "on the streets" by summer. 
 
 "We have never gotten a phone call like that in the past." said Blackwell, an Oakland native with deep experience in community development on both sides of the bay. 
 
 As the tech boom drives up housing prices and forces out San Franciscans, Oakland is experiencing the spillover effect. As people seek cheaper living across the bay, rents are rising quickly, pushing out poor and lower-income residents, particularly in East and West Oakland. 
 
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 This property is simply the best development opportunity in The Bahamas. ||||| Fred Blackwell, CEO of The San Francisco Foundation, calls up nonprofit and city government leaders before announcing a $34 million anonymous donation to the City of Oakland through The San Francisco Foundation during a press event at the East Oakland Youth Development Center in Oakland, Calif., on Tuesday, July 14, 2015. (Laura A. Oda) 
 
 It was the call that philanthropists dream of. 
 
 An anonymous donor wanted to give $34 million to benefit underserved residents in Oakland. And the donor wanted that money "in the streets" by the summer. 
 
 The staffer at the San Francisco Foundation who answered the phone in February knew this was big -- for the foundation, but mostly for Oakland. 
 
 A $34 million cold call to benefit the Bay Area's most embattled city was unheard of, said Fred Blackwell, CEO of the San Francisco Foundation, which was founded in 1948, has a $1.3 billion endowment and gives about $90 million annually in grants to nonprofits across the Bay Area. 
 
 "It was a once-in-a-lifetime opportunity," Blackwell said at a Tuesday news conference at the East Oakland Youth Development Center attended by dozens of community leaders in government and other nonprofit community groups. "We have never gotten a phone call like that in the past." 
 
 The money will be invested in jobs, housing, education and health care across Oakland, with a full $6 million to support Oakland's public schools on early childhood education, African-American student achievement and adding community coordinators. 
 
 About one-third of the funds are earmarked for nonprofits specifically focused on East Oakland. The foundation estimates 813 jobs will be created and 136 new affordable housing units built in those neighborhoods. 
 
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 Councilman Larry Reid said he's never seen such a large investment during his time at City Hall. He was pleased that several groups in his district -- deep East Oakland -- received help. The East Oakland Youth Development Center, which was granted $1 million, is a safe refuge for kids to take shelter from the storm. 
 
 "If they aren't finding love at home, they can be loved and nurtured here," Reid said. "This could be the difference between young people dying on the streets or doing something constructive with their life." 
 
 Citywide, the money will help fund 731 new affordable housing units and create about 2,500 jobs. 
 
 News of the cash infusion was music to the ears of Mayor Libby Schaaf, who thanked the "generous soul" who recognized the potential of the city. Officials would not provide any additional information on the mystery donor. 
 
 Schaaf said the foundation -- and the donor -- share the city's vision for an equitable, vibrant Oakland where all citizens can find economic independence. 
 
 Partnering with like-minded philanthropists is vital for the region, especially as rents rise and more people flock to the city, Schaaf added. "Government can't do it alone," she said. 
 
 And there are shameful disparities in Oakland. Schaaf said the prosperity must be shared across the city to "make sure Oakland stays our Oakland," she said. 
 
 A good portion of the money was focused on technology opportunities. Oakland Codes, housed at the San Francisco Foundation, received $4 million. 
 
 Money was also given to support community re-entry programs for ex-cons and other housing initiatives. 
 
 The Ella Baker Center for Human Rights, for example, received $1 million to create a restaurant worker training program to help formerly incarcerated residents find jobs that pay a livable wage. 
 
 This isn't the first effort to revitalize East Oakland, which although economically diverse, houses some of the city's most crime-ridden and poorest neighborhoods. 
 
 Dr. Tony Iton oversees a California Endowment initiative, Building Healthy Communities, to create better conditions in 14 low-income communities throughout the state, including East Oakland. 
 
 More than $15 million has been directly granted to support East Oakland initiatives in the past five years, Iton said. That doesn't include any indirect support, which includes lobbying regional and state agencies to affect policies in Oakland. 
 
 Iton, who quit his job as Alameda County public health director in 2009 to take the job with the California Endowment, said the anonymous gift is "absolutely fantastic." 
 
 His organization already supports about 70 percent of the nonprofits who will receive money from the San Francisco Foundation. Those combined efforts -- along with support from local government -- should help the city modernize and prosper. 
 
 "It's timely and exciting, and we're looking forward to leveraging these investments and building on the capacity of these organizations," Iton said. 
 
 Alameda County Supervisor Nate Miley joked that Blackwell, who left his job as Oakland's city administrator last year after just one month to join the San Francisco Foundation, had kept his promise to keep working in Oakland. 
 
 "I mean, Fred definitely delivered here," Miley said. 
 
 Blackwell said after the news conference that "it always feels great to help out Oakland." 
 
 "This is where I grew up, where my family is, friends that I've known for years," he said. "It was a privilege and an honor to be in the position I was before, and it's still a privilege and honor to be in the position I'm in to be able to help the city." 
 
 For a full list of the organizations receiving money, visit http://sff.org/oaklandannouncement. 
 
 Mike Blasky covers Oakland City Hall. Contact him at 510-208-6429. Follow him at Twitter.com/blasky.
– What to do with a spare $34 million? You could buy a private jet, a good-sized Caribbean island—or you could help countless people in one of California's most troubled cities. An anonymous donor went for the latter option, offering the San Francisco Foundation the cash to help "underserved" Oakland residents in areas including education and housing, Inside Bay Area reports. Foundation CEO Fred Blackwell says the donor, who called up out of the blue earlier this year, wanted the money "in the streets" by this summer. The funds will create around 2,500 jobs and more than 700 new affordable housing units, according to Inside Bay Area. "It was a once-in-a-lifetime opportunity," Blackwell told reporters yesterday. "We have never gotten a phone call like that in the past." The money will go to at least 17 nonprofit organizations, including health clinics, early childhood education initiatives, programs that train young people for technology jobs, and programs that help ex-cons back into the work force, reports ABC7. Officials haven't provided any more information on the donor, whom Mayor Libby Schaaf describes as a "generous soul," reports USA Today. (An immigrant couple left their entire fortune to "America.")