Chico, California (March 21, 2006) – The North Valley Community Foundation (NVCF) announces the conclusion of its Endowment Building for Local Nonprofits Challenge. This program, the vision of a local anonymous donor, generated great support from local community members and businesses.

“The program’s success is a testament to the power of the public and private sector working together, and our Foundation is eager to encourage those efforts.” Alexa Valavanis, Executive Director for NVCF.

Nearly all of the nonprofits chosen to receive a $5,000 gift from NVCF as well as a challenge to raise another $5,000 for a match - hit their goal.

“Our Foundation was so pleased by the community’s involvement during this nonprofit challenge that we matched every dollar raised (even that which exceeded the $5,000 challenge),” noted Valavanis.

In total, Bidwell Park Fund received $17,510; Big Brothers Big Sisters received $15,000; Boys and Girls Club received $15,000; Esplanade House Fund received $50,015; Habitat for Humanity received $20,600; Chico High School Foundation received $15,000; Work Training Center received $15,900; Catalyst received $5,960; and the Chico Library received $5,000.

“We believe this is the beginning of many opportunities for our Foundation to work with the local businesses, community members and charitable organizations. We are particularly thrilled that the vision for this program came from a local donor.”

NVCF is a non-profit, philanthropic organization that builds financial resources to meet community needs through grants and programs primarily for residents in the Butte, Colusa, Glenn and Tehama counties. NVCF provides financial and administrative services to donors, professional advisors and nonprofit organizations with the goal of enriching the quality of life of its community members. Since 1986, over 200 individuals, families, businesses, and community groups have established funds at the Foundation. During the past four years we have contributed more than $1.1 million to the local communities.

The NVCF office is open Monday – Friday, 8am-5pm and by appointments on the weekends.

NVCF is located at 3120 Cohasset Rd., Suite 8 in Chico, California. For more information please contact Alexa Valavanis at (530) 891-1150.

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