1. LAREF What does LAREF do?

2. LARC Board vs. LAREF Trustees LARC Board Directors responsibility organized along Avenues of Service Each Director/Avenue supported by numerous Committees Manage the Club LAREF Trustees

3. LAREF Trustees (2013 – 2014) Trustees David Smith (2015) - President Bonnie Burdett (2016) - Vice President Kathy Berry (2017) – Secretary Randy Gard (2017) – Treasurer Jerry Moison (2015) – Grants Chair Clari Nolet (2017) – Investment Com. LARC Officers Jack Kelly – President John Sylvester – Past President Kendra Gjerseth – President Elect Accountant Dennis Young The Los Altos Rotary Endowment Fund’s Mission is the management of contributions received by the Rotary Club of Los Altos, for the purpose of dispensing grants, scholarships and charitable contributions……

4. 2013-2014 Source of Funds - $111,490

5. LAREF 2013-2014 Allocated Budget of $111,490 by Major Groupings

6. Community Grants Amount Fall 2013$30,400 Spring 2014$17,090 Total$47,490

7. Education Amount Scholarships General Funds $16,000 Scholarships Directed Funds $5,000 Total Scholarship$21,000 Enterprise Leadership Conference $6,500 PNG Committee $5,000 RYLA $2,000 Total Education$34,500

8. Committees & Other Committees/R ecipients Amount WCS$15,000 RotaCare 5,000 LARAP 5,000 PEG 1,000 Admin 1,500 Contingency Reserve 2,000 Total$29,500

9. Fall Grants Organizations Fall 2013 RequestGranted Westwind5,0001,500 CHAC 5,000 Next Door Solution3,0002,500 Tech Trek9001,800 Friends of Our Daily Bread2,5000 Boys & Girls Club5,0000 Peninsula Clef Hanger2,0000 Alearn5,0001,500 Schola Cantorum1,0000 Kara2,5001,500 Just Read5,0002,000 Sky's the Limit2,5001,000 Los Altos First Friday9900 Vida Verde1,5000 MV/Los Altos Community Scholars1,800 Day Worker Center5,0002,500 Foothill EOPS Book Service2,0001,800 Cantable Youth Singers10,0000 Child Advocates5,0004,000 Peninsula Health Care (PHC)2,5002,000 MVLA Speech & Debate5,0000 Breast Cancer Connections2,5001,500 Community School of Music & Art5,3000 80,99030,400