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Weekly's annual Holiday Fund launches

Fund supports family-focused organizations

The Palo Alto Weekly formally launched its annual Holiday Fund drive this week, with a goal of reaching $350,000, Publisher Bill Johnson announced.

With a mission of helping nonprofits that serve families and children, the fund is supported by matching grants from local charitable organizations, including the Packard, Hewlett, Arrillaga and Peery foundations -- meaning every dollar donated by an individual is matched, doubling the impact of the gift.

"This is a wonderful opportunity to give to nonprofits that work directly in our own back yard," Johnson said. "Our readers have been most generous in the past, and we've been able to continue to serve these tremendous organizations."

Last year the Holiday Fund offered grants, ranging from $1,500 to $25,000, to 55 local organizations, which focus on everything from literacy and hunger to teen counseling and job training. All gifts are tax-deductible and can be made online at www.PaloAltoOnline.com/holiday_fund, or sent to Palo Alto Weekly Holiday Fund, c/o Silicon Valley Community Foundation, 224 W. El Camino Real, Suite 300, Mountain View, CA 94030.

Nonprofits have until Jan. 10, 2014, to submit their applications for funding; guidelines can be found at www.PaloAltoOnline.com/holiday_fund.

Proceeds from the annual Palo Alto Weekly Moonlight Run and Walk in September also support the Holiday Fund.

Read about the Sponsored Employment Program, one of the recipients of funds from the Holiday Fund.

Comments

 +   Like this comment
Posted by Gethin
a resident of Midtown
on Nov 8, 2013 at 10:42 am

Gethin is a registered user.

To better understand $350K in 2013, what were the goals in recent years and what were the results?

Thanks


 +   Like this comment
Posted by Bill Johnson
publisher of the Palo Alto Weekly
on Nov 8, 2013 at 4:26 pm

Bill Johnson is a registered user.

Last year we had an all-time high of $390,000 in donations, boosted by an extra $25,000 from the Packard Foundation. For the last two years the Holiday Fund has received an anonymous $100,000 gift from a Palo Alto family foundation which we are keeping our fingers crossed about receiving again this year. Prior to that, we generally raised between $230,000 and $260,000. Since the Weekly and the Silicon Valley Community Foundation absorb all the costs, increased giving goes straight to the non-profits receiving grants. You can see a complete list of past recipients at Web Link.


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