Do you have an extra room to rent?

cartoon houses

cartoon houses

 

Dear LACF Friends,

Our community values our high quality, dedicated teachers.

However given the high cost of local housing, many of our teachers are struggling to find nearby affordable accommodations and are unable to live as part of our community

Los Altos School District and Los Altos Community Foundation have partnered to create a bulletin board that will connect LSDS teachers with local residents who have available housing to rent.

If you have an available room, suite, in-law unit, apartment, etc. that you would like rent out to a teacher, please let us know.

To indicate your interest, please fill out this online form.  Or contact Erin Green, LASD director of student and staff services at egreen@lasdschools.org or(650) 947-1150.

Thanks for your help!
Joe Eyre
Executive Director

Los Altos Community Foundation

 

2016 Summer Solstice in Pictures

Thanks to all who made Summer Solstice a great evening for all. More than 200 hundred LACF donors and friends enjoyed an evening of local wines, acapella music, and each other’s company.

 

Donate Online

 

Los Altos city council wants your input on next city manager

The Los Altos City Council has enlisted the executive recruitment services of Bob Murray & Associates to lead the search for a permanent City Manager. As part of the recruitment process, City Council is seeking input from the public.

The City Council has created an online survey in order to gather feedback from residents, businesses, and other community stakeholders about the background and leadership qualities they value most in their next City Manager. The public is encouraged to visit the online survey to share their thoughts via a series of open-ended questions that range from what community issues are most important to respondents to how they would like to see their City Manager interact with the community.

“This survey was designed to help both the City Council and recruiter understand the characteristics community members value most in their civic leader,” says Los Altos Mayor, Jeannie Bruins. “The Council is confident Bob Murray & Associates will bring forward candidates who are committed to keeping the momentum in Los Altos moving forward.”

Those interested in providing feedback to Council regarding the recruitment are encouraged to complete the survey by Friday, July 1, 2016.

Following the resignation of former City Manager Marcia Somers in April, the City Council appointed Chris Jordan of West Linn Oregon as Interim City Manager. Jordan’s first day was April 27; his contract with the City of Los Altos runs through September 30, 2016 or until a permanent City Manager is selected.

For more information, contact Jon Maginot, City Clerk/Assistant to the City Manager at (650) 947-2720 or jmaginot@losaltosca.gov.

70 percent of affluent families lose control of their assets after inheritence

 

luminaraia nightMany families struggle with inter-generational miscommunication about family wealth leading to hard feelings and loss of trust. Our Donor Advised Fund owners can bring their children into their funds as philanthropic advisers. This can help avoid many of the pitfalls associated with inheritance by opening the lines of communication as mentioned in this article from Wealthmanagement.com as paraphrased below.

Open a LACF Donor Advised Fund

In the United States alone, it’s estimated that more than $40 trillion will transfer from baby boomers to the rising generations. In addition, the ownership of thousands of family businesses will transfer to younger family members.

Most families aspire to preserve wealth, values and legacy over the generations. Research demonstrates that a number of factors influence a family’s ability to reach that goal.

Almost always near the top of the list is a family’s shared commitment to community, service and philanthropy.

Preparing Heirs

The authors of a major study focused on 2,500 affluent families discovered that, over 20 years, 70 percent of those families lost control of their assets (and family harmony) in the first, second or third generations following wealth transfer. Sixty percent of the time, those failures were due to a lack of trust and poor communication.

“Where heirs were encouraged and intelligently guided to participate in family philanthropy,” said the authors, “it had a profound impact in three major areas of their development and preparation for later life. The three major areas were values, mission and accountability.”

Best Practices

Dennis Jaffe, a professor of organizational systems and psychology at Saybrook University and a family business consultant, one of the authors of a related study, observed in a later paper, that:

  • Jaffe said the loss of assets arises from the behavior of the older generations’ lack of engagement with the next generation, not necessarily from the motivation of the next generation.
  • Often the next generation perceives that it is hard to contribute since they cannot use traditional methods.
  • Parents should find ways to invite their children to become meaningful partners as they transition from controlling owners to mentors.
  • Parents should listen to their children who may have different approaches to maintaining family wealth.

Communicate

 

Philanthropy is an effective way to engage all family members in a conversation where they can share, teach, learn, value, change and consistently grow family wealth and giving.

Contact us if you’d like to set up a donor advised fund and open the lines of financial communication in your family.

Help support Glorious Fourth

 

glorious4th2016

 

Have fun and volunteer at Glorious Fourth!

 

The Glorious Fourth Celebration is an annual 4th of July event led by the Los Altos Community Foundation and our sponsors. The event gathers hundreds of community members near Down Town Los Altos. LACF staff ,MVLA Slobs and The Service League of Girls give up their holiday to help run the event. But, we need your help to keep it going.

If you’d like to volunteer, please sign up here.  We’ve offered short, volunteer time slots so you can still enjoy the fun with your family and friends. Volunteering at the event is also a fun way to get to know the members of your community.

We try to break even with this event, but even with the help of our sponsors, that doesn’t happen. If you’d like to see this event continue to flourish into the future, please donate and let us know how you feel about the Glorious Fourth Celebration.

Donate Online

 

 

Thanks to you for making the 2014 Glorious Fourth a huge success.

CAFE founder to be featured guest speaker at local conference on seniors

The East Bay Foundation on Aging (EBFA) cordially invites you to join us in celebrating our seventh year and over $2.5 million in grants to improving the lives of vulnerable seniors in Oakland.

On June 3, 2016, we will feature guest speaker, Anabel Pelham, Ph.D., who will be speaking on age-friendly communities.

anabelDr. Pelham is president of the National Association of Professional Gerontologists and professor and founding director of the Gerontology Program at San Francisco State University. Dr. Pelham is Founding Director of the Center for Age-Friendly Excellence, a project of the Los Altos Community Foundation and a member of the Foundation’s Board of Directors. Her expertise is in global issues in aging and gerontology.

 

 

 
Date and Time:
Friday, June 3, 2016
10:30 a.m. to 1 p.m.

Location:
The San Francisco Foundation
One Embarcadero Center, Suite 1400
San Francisco, California 94111

Event Program:
10:15 a.m. – Registration
10:30 a.m. – Networking and light refreshments
11:00 a.m. Program starts – Welcome by Board Chair, Micheal Pope
11:15 a.m. – Grantee presentation by Lavender Seniors
11:30 a.m. – Guest Speaker, Dr. Anabel Pelham, on age-friendly communities
12:00 p.m. – Q&A with Dr. Anabel Pelham
12:30 p.m. – Lunch and networking

Please RSVP by May 27, 2016

For questions, contact Barbara Jwanouskos, Program Assistant.

CAFE is a launched project of the Los Altos Community Foundation