The Intero Foundation Grants $41,000 to Silicon Valley Organizations
Cupertino, California (April 8, 2015) – On March 19th, the Intero Foundation issued their first round of grants for the year directed towards the California communities of Los Altos, San Carlos and San Mateo. In 2002, the leaders of Intero Real Estate Services, Inc., a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., founded the Intero Foundation to be a non-profit organization dedicated to supporting children in the communities surrounding Intero locations.
Over a decade later, the Foundation empowers a diversity of organizations that positively impact the education and personal development of children. Through Intero’s agents, employees and fundraising events, the Foundation has generated over $3 million with an endowment of more than $1 million and gave $225,000 in 2014 alone.
In order to sustain its commitment to giving back to the community, each quarter, the Intero Foundation presents grants to non-profits that have been approved by the Foundation Committee. This third quarter round of grants were brought to the foundation by Intero’s offices located in Los Altos, San Carlos, and San Mateo. A total of $41,000 split amongst the following organizations:
1. Inn Vision Shelter – Dedicated to helping homeless families and individuals regain permanent housing and self-sufficiency through a variety of supportive services including interim housing. A grant of $8,000 will go towards their STEM Summer Adventure Camp.
2. In Their Own Words (anti-bullying project) – Affiliated with the AACHAC of Mills Peninsula Health Services, this youth-led marketing campaign and peer support service addresses teen bullying among at risk youth. A grant of $8,000 will go directly to supporting this program.
3. PARCA Raji House – An out-of-home respite care program for children and teens with developmental disabilities. The home provides a safe environment where the kids engage in games, sports, field trips, and the development of learning skills in a schedule of activities specially designed to meet their needs. A grant of $7,500 will go towards funding the home’s annual operational costs.
4. Grateful Garment – Reduces any further negative impact on victims of sexual violence and human sex trafficking. The Intero Los Altos Office presented $7,500 for the purchase of clothing, food, and toiletries to minor victims of sexual assault; prevention education and training; and administrative expenses (supplies, storage, telephone, mileage, etc.) within the Santa Clara County.
5. Scholastic Interest Group – Helps at risk young men residing in low income communities of San Francisco reach their full potential by offering a variety of programs that promote the importance of staying in school, the value of high education, and the critical need of personal character development. A grant of $10,000 will support educational “field trips” and weekly personal development workshops.
To find out more about the Intero Foundation, visit the website at interofoundation.org.