The Silicon Valley REALTORS® Charitable Foundation donated $29,500 in grants and scholarships this year, as part of the Silicon Valley REALTORS®’ outreach to help the communities where they live and work. The Charitable Foundation is a trust which makes grants available to organizations from donations by members of the Silicon Valley Association of REALTORS®.

Grants are annually presented to different non-profit organizations that help homeless and low-income individuals and families in Silicon Valley. The 2012 grant recipients include Friends of Deer Hollow Farm, Youth Community Services (YCS), Westwind 4-H Handicapped Riding Institute, JustREAD (on campus of Mountain View/Los Altos Union High School District) and East Palo Alto Kids Foundation (EPAK).

As part of its annual scholarship program, the Charitable Foundation likewise presented a $1,000 grant to each of 18 graduating seniors from public high schools in Silicon Valley. The Foundation has been assisting students with the scholarship grants for the past 13 years

In addition to voluntary contributions from members, grants are funded by proceeds from the local trade association’s annual charitable foundation golf tournament and fundraiser and donations from the REALTOR® group’s districts to their local community nonprofit organizations. Donations from the districts included $1,200 for backpacks for needy students through West Valley Community Services and $1,000 to the Cupertino Education Endowment Foundation.

John Tripp, 2012 president of the Silicon Valley REALTORS® Charitable Foundation, said the Charitable Foundation grants support three main causes: families, youth and housing. He thanked members for their contributions and fundraisers this year in support of the foundation.

“We thank our members and friends for being so generous and supporting the foundation in 2012,” said Tripp. “Please support this cause in 2013, as well, so we can continue our commitment to the welfare and prosperity of communities where we live and work.”

The Charitable Foundation trustees meet quarterly to evaluate grant applications. Serving on the 2013 Silicon Valley REALTORS® Charitable Foundation Board of Trustees are Tripp, Lehua Greenman, Jimmy Kang, Carolyn Miller and Susan Sweeley.

Non-profit organizations operating within the areas served by the Silicon Valley Association of REALTORS® are eligible for grant consideration provided they meet certain guidelines. The guidelines include community need for the expenditure and people who will be served; impact on the recipient organization; location of the community served; financial soundness and efficiency of the organization; accuracy and completeness of the application; structure of volunteer organization and level of volunteer support; and  appropriate use of the Foundation’s previous grants (if applicable).

The Charitable Foundation trustees meet quarterly (March, June, September, and December) to evaluate applications. Applications must be received by Feb. 15, May 15, Aug. 15, and Nov. 15 in order to be considered at the quarterly meeting. For more information and details about the Charitable Foundation grants and an application form, visit www.silvar.org, or call SILVAR at (408) 200-0100.

Advertisements