Kern River Valley Community Fund
The Kern River Valley Community Fund, a regional initiative of Kern Community Foundation, is a permanent endowment fund established by members and residents of the Kern River Valley community. The Fund is managed through the Kern Community Foundation for the sole benefit of the residents of the Kern River Valley.
It is our desire to keep local capital local and working for the benefit of our community, thereby building social, economic and environmental prosperity. The Fund is overseen by a broad and inclusive representation of community members who recommend how to use the funds to benefit the Kern River Valley.
The specific purpose of our Fund is to receive philanthropic contributions and to distribute grants for charitable purposes that provide solutions to make the Kern River Valley a better place to live, to work and to visit.
The Kern River Valley Community Fund strives to keep local philanthropic capital local, building a permanent pool of charitable funds, working effectively in responding to Kern River Valley needs and opportunities.
Kern River Valley residents will transfer some $3 billion between generations by 2060. Our long-term goal is to inspire people to contribute at least 5% of this wealth to permanent endowments, including Kern River Valley Community Fund.
Our Match Opportunity
The Fund has received a generous contribution from an anonymous resident of the Kern River Valley to be used to match contributions to the Fund up to $100,000. Every dollar we raise will be matched by one dollar from this matching gift. Our goal is to raise $100,000 by December 31, 2015. This will bring the value of the Kern River Valley Community Fund to $200,000. Five percent of this fund (e.g. $10,000) may be used for grant making each year leaving the principal for future generations.
How to Contribute
- Check: Payable to Kern Community Foundation (Tax ID# 77-0555874), and designated for the Kern River Valley Community Fund.
- Credit Card: Payable online here. Be sure to specify Kern River Valley Community Fund under "I would like to support."
- Other Assets: Payable with other assets such as stock, private equity, retirement accounts, life insurance, and real estate by contacting Kern Community Foundationís Donor Services at 661.616.2617.