Additional Information
Establishment
At the November 20, 2007 City Council Meeting, the
Fountain Valley Community Foundation was established. This Foundation will be organized exclusively for charitable purposes. More specifically, to solicit, receive, invest and make grants of funds, property and other resources and to provide direct charitable services to aid, sponsor, promote, advance and assist worthy activities, programs and services in the City of Fountain Valley; and to establish and maintain a permanent collection of named funds that carry out the diverse charitable purposes specified by the governing body and donors.
Responsibilities
The Fountain Valley Community Foundation Board’s initial functions and responsibilities will be:
- Adopt governing bylaws
- Apply for non profit status
- Assist worthy activities, programs and services
- Develop a budget and setup accounts
- Develop marketing publication to attract financial support
- Establish goals
- File with both federal and state agencies
- Manage assets