Founded with part of a $141 million lottery jackpot, the San Jose foundation worked to amplify the voice of Latino nonprofits in the arts and education.
The Castellano Family Foundation — created out of a record-setting California Lottery jackpot — is ending its operations in June after 22 years of elevating Silicon Valley’s Latino community through millions of dollars in grants.
“We looked at the horizon of what we had in the foundation, and we were able to put a plan together of what the next 10 years could look like,” she said Tuesday. “We wanted to see what we could do in that time to influence philanthropy and encourage the Latinx community.” The Castellano Family Foundation was started by Carmen and Alcario Castellano following their $141 million lottery win in 2001. The couple would often share the story that Carmen Castellano immediately started making a list of the organizations they could help with the surprise windfall, a tale that rings true to those who knew them.
“For us and many of our peers, we don’t have generational wealth or C-suite level board members,” Helstrup-Alvarez said. “They amplified all of our impact.”
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