Valley Community Fund.Org Inc. is an IRS approved public 501(c)(3) charity. The purpose of Valley Community Fund (VCF) is to increase the stock of homeless shelter and housing and the stock of very affordable and affordable housing.
VCF intends to accomplish this by
- Issuing philanthropic notes
- Creating the actual housing and
- Owning the housing for its own account
We ask for donations as part of each supporting action to cover our costs, currently estimated at about fifteen percent of contributions. As is common practice, and as allowed by law, VCF expenses of operation are deducted from contributions.
A volunteer board sets policies and monitors compliance.