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Los Altos Mountain View Community Foundation reports $3.4M in grants, details incubator work
Summary
Interim executive director Christa Crames briefed the council on the Los Altos Mountain View Community Foundation’s 2023–24 activities: $3.4 million distributed in grants, donor‑advised and designated funds supporting housing stabilization, nonprofit incubation and nearly 1,100 households receiving rental relief via Fondo.
Christa Crames, interim executive director of the Los Altos Mountain View Community Foundation, presented the foundation’s annual report to the Mountain View City Council on Dec. 10.
Crames said the foundation distributed $3,400,000 in grants in the last fiscal year, including about $2,700,000 from donor‑advised funds and roughly $500,000 from designated funds. The foundation said it has incubated 21 projects and awarded 25 community grants; its community grants program typically distributes approximately $250,000–$300,000 annually. Crames highlighted Fondo, an incubator effort that is transitioning to the Mountain View Community Land Trust and that helped secure $2,130,000 for housing stabilization and rental relief that reached more than 1,100 households.
Crames also described longstanding programs such as NVLA scholars, which awards about $600,000 in scholarships annually (90% to first‑generation college students), and a designated NVHS Ambassadors fund that supports student‑led inclusion and mental‑health initiatives. She told council staff and members the foundation aims to continue incubating local nonprofit projects, strengthening partnerships with the city and leveraging private family foundations and county funds (including an additional $167,000 in county funding secured with Supervisor Joe Simitian’s support).
Councilmembers thanked Crames and the foundation for its partnership and asked no follow‑up questions during the meeting. Crames offered to answer questions and noted the foundation’s role as a fiscal agent for incubator projects.
