CAF Legacy Fund
The Carlmont Academic Foundation is proud to announce the launch of the CAF Legacy Fund, which will provide financial security for the future of CAF and the Carlmont community, and will establish the annual $1,000 Gilbert Forst Scholarship for a deserving Carlmont student.
The fund is possible through the generosity of Carlmont alumnus Gilbert Forst, who bequeathed a portion of 
his estate to CAF. The total amount of the bequest is approximately $650,000. Mr. Forst graduated in 1957, the first class to complete four years at Carlmont High School. He went on to graduate from Santa Clara University, received multiple combat awards for his service in the U.S. Navy, and continued in a career in engineering and in the defense industry. He passed away in April 2021 at the age of 81.
Mr. Forst’s donation was unexpected, and the CAF Board and others took care to consider the most prudent use of this legacy to honor Mr. Forst’s memory and provide the greatest impact on students. CAF created an exploratory endowment committee to develop recommendations for the fund. The CAF board approved their recommendation to create the Legacy Fund.
The long term goal of the Legacy Fund is to provide enduring stability and when the fund is more established, an ongoing revenue source benefitting Carlmont. It can also be called upon in dire funding shortfalls that involve retaining valuable human resources. The fund has been invested for long-term growth under the guidance of a local professional investment company to serve future financial needs. In addition, CAF intends to provide an annual Gilbert Forst scholarship to a Carlmont student. The scholarship will be awarded to a student who valued their time at Carlmont or in the broader community and is interested in making a valuable contribution to society in some manner. The Endowment Committee will continue oversight of the investments and terms for the annual scholarship.
Contact CAF at info@carlmontacademicfoundation.org with any questions about the Legacy Fund.