Community Foundation of the Fox River Valley began in 1948 with a $5,000 fund. Since then it has provided more than $103 million in student scholarships for students and grants to local nonprofits, with assets worth over $120 million.
For generations, the Community Foundation of the Fox River Valley has been a force for good in our back yards. And for decades, this nonprofit has been mentioned in stories when those needs made headlines, including the pandemic, the Henry Pratt mass shooting in Aurora and a devastating flood in the late 1990s. I’ve been around long enough to have covered all those stories.
The beauty of this community foundation, one of about 800 across the country and among the oldest and largest in the state of Illinois, is that it enables people who are not Rockefellers or Carnegies to “be part of philanthropy” by combining their own efforts with other groups, said Sharon Stredde, who in the 30 years she served as the group’s CEO and president - from 1985 to 2015 - saw its individual funds jump substantially, from 63 to 467. There are now 660.
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