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Creative Center of Los Altos
Creative Center of Los Altos was established in 1959 by L. Victor Riches Sr. and Gwendolyn Riches. It functions as the legal entity for Pinewood School, a...
Creative Center of Los Altos
Creative Center of Los Altos was established in 1959 by L. Victor Riches Sr. and Gwendolyn Riches. It functions as the legal entity for Pinewood School, a non-sectarian private school serving grades K-12. The organization holds three campuses and an endowment valued at $251 million. Asset mix includes direct real estate ownership of the lower campus at 327 Fremont Avenue and middle campus at 477 Fremont Avenue, plus a leased upper campus at 26800 Fremont Road. Endowment proceeds fund school operations; no external fund commitments or co-investments appear in available records. Geographic scope remains confined to Los Altos and Los Altos Hills, California. Scott Riches, grandson of the founders, holds the role of President and Head of School. Family members Dennis Riches, Kathleen Pickett, and Laura Blotter serve on the board. March 2024: the entity sponsored its Annual Benefit Auction at Sharon Heights Golf & Country Club to raise funds for faculty professional development. Governance stays within the founding family across three generations, with board and operational roles held by direct descendants. No external investment committee or third-party manager structure is disclosed.
General information
Firm type
Endowment / Foundation
Year founded
1959
Location
Region
North America
Country
United States
City
Los Altos
Corporate office
327 Fremont Ave, Los Altos, CA 94024, United States
Principals
Scott Riches
President and Head of School
Sector focus
Frequently asked questions
Who runs investment decisions at Creative Center of Los Altos?
Scott Riches serves as President and Head of School. The board includes family members Dennis Riches, Kathleen Pickett, and Laura Blotter.
What assets does the endowment hold?
Holdings include direct ownership of two school campuses and a lease on the third, plus cash and fixed-income positions totaling $251 million.
Does Creative Center of Los Altos make external investments?
Available records show no external fund commitments, co-investments, or venture activity. Capital supports internal school operations and facilities.
Where does the underlying endowment originate?
The endowment supports Pinewood School operations. No specific wealth-creator family or industry source is disclosed beyond school-related fundraising.
How is the entity governed?
Control remains with descendants of founders L. Victor Riches Sr. and Gwendolyn Riches. Scott Riches leads day-to-day operations while family members occupy board seats.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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