Press
Release

FOR IMMEDIATE RELEASE
July 10, 2024

CONTACT: Kavita Aiyar, Director of Communications
408.931.1707 (c) | Kavita@LAMVCF.org | LAMVCF.org

Los Altos Mountain View Community Foundation (LAMVCF) Awards $100,000 for Economic Security in Latest Community Grants Round

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Acknowledging increasing economic uncertainty and disparities in our area, LAMVCF’s Community Grants Committee prioritized Economic Security as the focus for the Spring 2024 grant round. They cited several pressing factors in their decision:

  • Economic Instability and Inflation: Economic instability and market fluctuations have led to job losses, reduced working hours, and increased job insecurity, particularly affecting low-income workers. Combined with the rising costs of living, many individuals and families are struggling to meet basic needs such as food, housing, and healthcare.
  • Widening Inequality:  In our area, income disparities continue to grow for marginalized communities. In addition, access to resources that promote economic security, such as quality education, affordable housing, and healthcare, continues to be a struggle.
  • Pandemic Aftermath: The lingering effects of the pandemic, including lost savings, debt, and unemployment, as well as ongoing health concerns, continue to disproportionately affect vulnerable populations and exacerbate financial instability.
  • Economic Resilience: Adequate financial resources allow individuals and families to better prepare for and withstand emergencies, reducing the risk of falling into long-term poverty.

Recognizing the urgency, LAMVCF’s Community Grants Committee is pleased to award $100,000 in grants to 12 local organizations dedicated to ensuring financial stability to meet basic needs and maintain a reasonable standard of living, while protecting individuals and families from financial crises.

Grantees include The Assistance League of Los Altos which provides basic resources to underserved young families, Foothill-DeAnza Foundation’s Hope Initiative, and Manzanita Works’ workforce development and transportation equity efforts. A full list of grantees can be found here.

“The need for the hot meals, warm showers, and laundry services that Hope’s Corner provides has been steadily increasing,” said John Riemenschnitter, President of grant recipient Hope’s Corner. “Thanks in part to the generous support of LAMVCF, we are not only able to keep up with the growing demand, but we are also able to continue to expand our services.”

LAMVCF Program Officer Nadja Jackson added, “Local nonprofits are essential pillars of support, driving economic resilience and fostering the well-being of our communities. We are pleased to be able to support their efforts in this way.”

The Foundation operates the Community Grants program in partnership with the David & Lucile Packard Foundation and the Heising-Simons Foundation.

Our next grant cycle will open in the fall of 2024 and will provide general operating support to organizations with impact in Los Altos, Mountain View, and Los Altos Hills. To add your organization to the notification list, please email grants@lamvcf.org.

About Los Altos Mountain View Community Foundation (LAMVCF): Since 1991, LAMVCF has worked to grow a vibrant, equitable, and caring community by connecting our neighbors and partners with opportunities to make lasting local impact in Los Altos, Los Altos Hills, and Mountain View. Find out more at LAMVCF.org.

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About Los Altos Mountain View Community Foundation: LAMVCF inspires, leads, and empowers residents to collaborate together for a stronger community. We provide local grants, incubate emerging nonprofits, offer donor-advised funds and philanthropic advising, and partner with community organizations and residents on solutions that make a sustained difference in Los Altos, Los Altos Hills, and Mountain View. Find out more at LAMVCF.org.

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