HEALTHCARE

For destination communities such as the gateway community of Borrego Springs, high quality, readily available, and affordable healthcare is of particular importance because of its impact on the economic development and wellbeing of the community.

STRATEGIC OVERVIEW & Grant Application Criteria

As of January 2021, the Borrego Valley Endowment Fund (“the Fund”) has established a Strategic Plan with 2 Goals:

 

Goal 1:  Ensure quality healthcare for Borrego Springs

Goal 2: Become a community foundation leader among nonprofits in Borrego Springs

 

By expanding our purview beyond an exclusive focus on healthcare in Borrego Springs, the BVEF Board has made a strategic decision to expand the focus of the Fund and will partner with other nonprofit organizations to create maximum beneficial impact that is community-wide, self-sustaining, and enduring.

As the largest and oldest philanthropic institution in the region, the Fund recognizes it is uniquely positioned to support the strategic development of Borrego Valley for decades to come. By turning its attention to the region’s greatest challenges, by using its resources in a focused, disciplined manner, and by holding fast to its vision, the Fund will fulfill its original mission of promoting health—now in the broadest sense of the word—in the Borrego Valley.  Although most of its current endowment is restricted to funding healthcare related initiatives, the Fund seeks to facilitate philanthropy in Focus Areas that are of critical importance to our community. 

 

Focus Areas

 

Creating maximum beneficial impact for the community means addressing the region’s largest challenges. Many of the region’s largest challenge are interrelated, and the Board of Directors has selected categories for proposals the Fund would like to support. These categories (or "buckets") are:

 

  • Healthcare

  • Children

  • Seniors

  • Education

  • Community Development

  • Water Availability

  • Air Quality

  • Governance

  • Biodiversity


 

Evaluation Criteria - How to apply for a Grant!

 

The Fund’s Allocation Committee has developed criteria by which all proposals will be evaluated. The first three criteria are mandatory, meaning any proposal that does not meet these criteria will be excluded from further consideration.

 

  1. Priority to the Fund

  2. Affordable

  3. Non-duplicative

 

The remaining criteria are used to determine the degree to which a proposal achieves The Fund’s goals and values, which are:

 

  • Community-wide Benefit

  • Enduring Benefit

  • Self-sustaining

  • Capitalizing Geographic Assets

  • Capitalizing Cultural/Scientific Assets

  • Do No Harm

  • Measurable


 

Definitions of Mandatory Criteria
 

Fund Priority: The Fund maintains a list of Areas of Interest, which it believes captures the most important challenges facing the community and the region. This list is reviewed and updated annually by the Board of Trustees.  Additionally, the Board of Trustees annually prioritizes these Areas of Interest and specifies which Areas will be eligible for funding during each year-long funding cycle.

Affordability: The Fund only invests in those proposals that fit within its annual budget for grant making. The Board of Trustees, using a 5-year rolling average of the Fund’s performance, determines this budget annually.


Non-Duplicative: The Fund only invests in those proposals that are non-duplicative of existing efforts by other individuals, organizations, agencies, etc. in the community.

READ MORE HERE

About
 

Borrego Valley Endowment Fund (BVEF) is a public, non-profit 501(c)(3) organization operating in the Borrego Valley in Southeastern California. Begun in 1996, it now manages a 9 million dollar portfolio.


Borrego Valley Endowment Fund

P. O. Box 2714

Borrego Springs, CA 92004