Chris Peters, a Morgan Stanley Smith Barney manager, who established the fund, presented the donation to David Rice, president of the Tri-Valley Community Foundation. A graduate of Foothill High School, he said that when his father died while he was still in high school, many in Pleasanton where the family lived reached out to help. The Tri-Valley organization made it manageable, he added, and said it the organization has the right reputation to do the most good in handling the memorial fund.
Chris Peters' mother, Patti, teaches mathematics at Amador Valley High School.
Every month since July 2007, the Berkeley investment branch has identified a local charity for employee donations. Donations to date total over $28,000.
"It is always heartwarming to see people come together to support others, especially when the recipients have experienced hardship," Rice said in accepting the donation.