About Us
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About LAEF FAQs
- Who is the LAEF?
- The Los Altos Education Foundation is a non-profit 501(c)3 organization. LAEF is supported by parents, neighbors, and community members and businesses. Every parent who has a child enrolled in the Los Altos School District (LASD) has a stake in its success.
- When was LAEF founded and who runs it?
- LAEF was founded in 1982. It is administered by an all-volunteer board with each school having three voting members on the board. Over the past 23 years, LAEF has raised more than $11.15 million to enhance the district's academic program.
- What is the endowment fund?
- LAEF's Endowment Fund is designed to provide a long term, stable source of financial assistance to the district. Through this Fund, LAEF can accept individual donations, including gifts of securities, property, life insurance and other estate planning contributions. Contributions to the Endowment Fund become an investment in education that keeps on giving.
- How is the money spent?
- The LAEF Board of Directors works with the Los Altos School District to design the grant allocation of the funds each year. The Board takes into account the needs of the various schools, feedback from the LAEF parent survey and program costs. Details of the 2006-07 grant allocation are described in Current Programs.
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