Palo Alto family issues $100,000 challengeA local family has made a $100,000 donation to the Palo Alto Weekly Holiday Fund for the second year in a row, in hopes of inspiring other donors to join them in supporting local programs for kids and families.
Gift will match others' donations to the Weekly Holiday Fund
The gift is from a family who wishes to remain anonymous and who made a similar gift at the end of last year's holiday campaign. As a result of that donation, the Holiday Fund set a record and was able to make grants totaling $340,000.
This year's repeat donation will be used to match, dollar for dollar, the contributions of other donors.
"This generous Palo Alto family believes strongly in the mission of the Holiday Fund and the efficiency with which we are able to assist many local nonprofits," Palo Alto Weekly publisher Bill Johnson said.
Since the Weekly and its partner, the Silicon Valley Community Foundation, absorb all the costs of the program, every dollar that is donated is distributed without any administrative expenses deducted.
In a statement accompanying the donation, the donors emphasized their desire to support local causes.
"We grew up in Palo Alto and have always appreciated the extraordinary services provided by the city, the schools and the many community-based organizations. We want to support these efforts and the Holiday Fund is a superb way to do that."
Over the last 19 years, the Holiday Fund has raised and distributed more than $4 million to local nonprofits.
The Holiday Fund program has enjoyed ongoing support from the Packard and Hewlett foundations, the Peery and Arrillaga foundations and several other family foundations. Proceeds from the annual Palo Alto Weekly Moonlight Run, which has grown to become one of Palo Alto's largest community events, benefit the Holiday Fund.
Contributions to this year's campaign can be made online at www.paloaltoonline.com/holidayfund or through the Holiday Fund donation form on page 22.
— Palo Alto Weekly staff