Resolution retroactively authorizing the Office of Treasurer and the Tax Collector to accept and expend a grant in the amount of $3,000,000 from JPMorgan Chase Bank, N.A. for implementing the StopScamsSF Program from December 15, 2025, through December 14, 2028.

The Board of Supervisors is being asked to retroactively authorize the Office of the Treasurer and Tax Collector to accept and expend a grant of $3,000,000 from JPMorgan Chase Bank, N.A. This grant will fund the StopScamsSF Program from December 15, 2025, through December 14, 2028.

Program Details:

• Goal: To prevent financial fraud and scams targeting vulnerable residents in San Francisco.
• Activities: Includes multilingual outreach campaigns (reaching at least 20,000 residents annually), issuing verified scam alerts, developing a Citywide Payment Verification Directory, integrating scam-screening into City-funded financial counseling, and establishing scam-proofing standards across departments.
• Funding: The grant includes $247,706 for indirect costs. Any interest earned will go to funded activities.
• Implementation: The grant does not create new positions and will not require an amendment to the Annual Salary Ordinance.
• Retroactive Approval: Requested because the award agreement was received on December 14, 2025, after the grant period began.