What is a community foundation and why should you join us?
Simply put, community foundations are grantmaking public charities, dedicated to improving the lives of people in a defined local geographic area. The concept originated in 1914 when Fredrick Harris Goff, a retired banker, founded The Cleveland Foundation. One year later, eight other foundations had emerged and today, there are more than 800 community foundations in nation.
From the beginning, community foundations have held a unique place in the philanthropic world—focusing on three distinct areas– generous donors, nonprofit organizations and the greatest of community needs.
Strengthening our Community
Three Valleys Community Foundation (3VCF) is a new geographically based community foundation, with a vision to enhance the quality of life in the Tri-Valley and greater East Bay area. The name, Three Valleys, is a nod to the Amador, Livermore, and San Ramon Valleys, an area that encompasses the communities of Alamo, Danville, Dublin, Livermore, Pleasanton, San Ramon and Sunol. A volunteer committee of local community and business leaders has been working for more than a year to establish 3VCF, which received expedited approval by the IRS as a 501c3 tax exempt nonprofit.
The Tri-Valley region is rich in innovation, scientific and technical achievements, agriculture, natural beauty, and the arts, and fosters a strong commitment to inclusion and community. Yet, as cited in Innovation Tri-Valley’s 2040 vision report, there is opportunity to improve quality of life in the region even more through private philanthropy. The annual GDP of this area is over $40 billion, yet less than half of a percent comes back to support the approximately 300 local nonprofits serving our valley. Three Valleys Community Foundation desires to increase this proportion of local giving to create a region where every single person has the opportunity to live a full and rewarding life.