Chula Vista Charitable Foundation Celebrates $500,000 Endowment Milestone

Press Release from The San Diego Foundation

January 10, 2018 – Chula Vista, CA – Chula Vista Charitable Foundation (CVCF), an affiliate of The San Diego Foundation, today announced its permanent endowment fund has surpassed $500,000, amounting to approximately $750,000 worth of impact in Chula Vista since inception. The CVCF endowment serves as a charitable savings account that will support grantmaking to nonprofit organizations and programs impacting the Chula Vista community in perpetuity.

“Every day, Chula Vistans play an active role in strengthening and advancing quality of life in the region,” shared Debbie Espe, CVCF Board Chair. “Chula Vista Charitable Foundation utilizes the power of collective giving to make a difference in the community. By growing our endowment to more than $500,000, we are creating a more vibrant region today while investing in the future of Chula Vista for generations to come.”

CVCF is made up of more than 100 residents and companies dedicated to improving the quality of life and meeting emerging needs in Chula Vista. Members help increase responsible and effective philanthropy; build a community endowment for the benefit of the region; provide funds annually to community organizations and causes, and give the community a vehicle for legacy planning and gifts that will benefit Chula Vista now and forever.

Half of all membership dues go immediately into annual grantmaking to nonprofits while the other half goes into a permanent endowment that will support grantmaking and nonprofit organizations serving the Chula Vista community in perpetuity.

Since 2011, CVCF has granted more than $240,000 to dozens of nonprofit organizations serving the community. Each year’s grant cycle has a different focus ranging from health and human services, to civic engagement and the environment.

CVCF members, local leaders and the community will come together to celebrate the $500,000 endowment milestone on Thursday, January 18 at The Gentle Penguin. The event is free and open to all individuals living and working in Chula Vista.

To learn more about becoming a member of CVCF or to RSVP for the Endowment Celebration event on January 18, contact Estela Mitrani at estelam@sdfoundation.org or (619) 814-1383.

About the Chula Vista Charitable Foundation & the Regional Affiliate Program

The Regional Affiliate program, including the Chula Vista Charitable Foundation, was established by The San Diego Foundation to create a regional network of affiliate foundations by leveraging local leadership, building endowments, increasing impactful philanthropy, and promoting civic engagement. Affiliates reside in Carlsbad, Chula Vista, Escondido, La Jolla, Oceanside, Ramona, Rancho Bernardo, and 4S Ranch-Del Sur. The Regional Affiliate program has exceeded 700 members, established endowments of more than $4 million overall, and granted more than $4.4 million in total to nonprofit organizations throughout the region.

About The San Diego Foundation

The San Diego Foundation maximizes the impact of your charitable giving. We mobilize philanthropic resources to advance quality of life, increase social impact and champion civic engagement. For more than 40 years, The Foundation and our donors have granted more than $1 billion to grow a vibrant San Diego region. Learn more on our website, and consider a donation to the Fund for the Future Endowment which supports San Diego community needs now and forever.

Contacts

Alyssa Enwright, Beck Ellman Heald, 858-453-9600, alyssa@behmedia.com
Justin Nunez, The San Diego Foundation, 619-235-2300, justin@sdfoundation.org