Scott Valley Bank Supports Stewardship Endowment Fund
Scott Valley Bank pledges $15,000 to Shasta Regional Community Foundation Stewardship Endowment Fund
Scott Valley Bank (SVB) presented Shasta Regional Community Foundation (SRCF) representatives with a check on February 3, 2016. Pictured from left are SVB Region President Dan Taylor, SVB Mount Shasta Branch Manager Karley Buhl, SRCF CEO Kerry Caranci, SRCF Development & Communications Officer Audra Gibson, and SRCF Board Member/Treasurer Dorian Aiello.
MT. SHASTA – As part of its ongoing mission to support its local communities, Scott Valley Bank has pledged to donate $15,000 over the next three years to the Shasta Regional Community Foundation’s Stewardship Endowment Fund. The endowment was established by the Redding-based nonprofit to support programs and opportunties that address the most pressing needs in Siskiyou and Shasta counties. The funds donated by Scott Valley Bank, which will be released in $5,000 increments over the next three years, will be applied to projects and organizations that serve low- or moderate-income individuals.
Founded in 2000, the Shasta Regional Community Foundation serves Shasta and Siskiyou counties by building permanent endowments and addressing needs through grants and providing community leadership. Since 2000, the Community Foundation has awarded more than $15 million in grants to area nonprofit organizations or public entities.
“The Stewardship Endowment Fund at the Shasta Regional Community Foundation is our most versatile and responsive fund,” said Community Foundation CEO Kerry Caranci. “The fund made possible a quick response to address the disastrous effects of the Boles Fire in Weed, and contributed to the success of the Community Foundation’s 2015 North State Giving Tuesday event that raised $422,000 for area nonprofits. Scott Valley Bank’s commitment as a ‘15 Partner’ is a significant addition toward helping us to reach our 15th anniversary year goal for the Stewardship Endowment Fund.”
Scott Valley Bank Region President Dan Taylor said that donations such as this are important to the bank, which was founded in Siskiyou County in 1858.
“We pride ourselves in being not only a great bank, but a strong community partner,” Taylor said. “It’s very important to us that we support the community we have called home for 158 years, and we are proud to be a ‘15 Partner’ with the Shasta Regional Community Foundation.”
For more information about the Shasta Regional Community Foundation, call (530) 244-1219 or visit http://www.shastarcf.org/.