About
 

Borrego Valley Endowment Fund (BVEF) is a private, non-profit 501(c)(3) organization operating in the Borrego Valley in Southeastern California. Begun in 1996, it now manages a 7+ million dollar portfolio.

Contact


Borrego Valley Endowment Fund P. O. Box 2714 Borrego Springs, CA 92004

COMMUNITY DEVELOPMENT

Borrego Springs is in the midst of evolving a new paradigm of economic development as a consequence of the recognition that agriculture as currently practiced in the valley is not sustainable due to water constraints. Nor will it be possible—for the same reason—to dramatically expand the recreational activity, golf, that many once hoped would make Borrego Springs “the next Palm Springs.” The evolving paradigm for economic development involves capitalizing on the community’s unique geographic location in the center of a World Class wilderness area known as the Anza-Borrego Desert State Park (ABDSP). The community of Borrego Springs is the Gateway Community to over 1,000 square miles of pristine desert habitat and the largest continuous State Park in the lower 48 states. It is the home to the only active rift valley in the Western Hemisphere.

 

The new paradigm for developing a nature / tourism economy for Borrego Springs is occurring under the rubric of Geotourism—a concept pioneered by the National Geographic Society that states the economic development of a locale should be guided by the principle of supporting only those developmental activities that enhance the character, the uniqueness, and the wellbeing of the community, i.e. development that nurtures, rather than kills, the goose that is laying the golden egg. (With annual revenues in excess of $40M the net present value of the asset referred to as the ABDSP is over $1B—the largest golden egg in the region.) Therefore, the BVEF seeks to invest in activities and initiatives that:

 

  1. Promote education and capacity building in the community around the core concepts of developing a nature economy through the lens of Geotourism.

  2. Develop a core curriculum regarding the unique history and assets of the region for dissemination from K through gray.

  3. Encourage research, and the dissemination of such research, regarding the unique history and assets of the region.

  4. Encourage new partnerships with institutions and organizations focused on developing and implementing year-round Geotourism in our community.

  5. Provide for regular and rigorous assessment of the community’s economic development, not just from a revenue standpoint, but equally from the standpoint of well-being or “happiness quotient” of the community.

Interested in funding a program in this area? Click here.