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BACKGROUND Founded in November 2021, the Three Valley Community Foundation (3VCF) is a newly created 501(c)(3) geographically-based community benefit organization serving Alamo, Danville, Dublin, Livermore, Pleasanton, San Ramon and Sunol, with a vision to enhance the quality of life in the Tri-Valley and greater East Bay area so that everyone has an opportunity to live a full and rewarding life. The foundation works with donors and non-profit organizations to achieve their impact goals through inclusive leadership, thoughtful funding, informed giving, and collaborative action. Specifically, the Foundation will actively engage its communities to develop creative solutions that address complex issues in the Tri-Valley region. At its January 18, 2022, meeting the City Council directed staff to bring forward for Council consideration, a request for one-time funding support of$50,000, based on a January 10, 2022, letter from the Three Valleys Community Foundation to the City Council (Attachment 1). The cities of Dublin and Livermore received a similar letter from 3VCF; in January 2022, Dublin's City Council approved the requested $50,000 to be allocated in equal payments over three years, beginning in 2022. DISCUSSION The City does not provide direct delivery of human services and relies on its non-profit organization partners to create a safety net of services for our residents; thus, there is merit in considering how the City may help to strengthen the local non-profit service network to increase capacity to meet the growing needs of our community. The current safety net infrastructure in the Tri-Valley generally provides one non-profit for each area of need, resulting in little duplication of services. The existing infrastructure becomes more vulnerable as non-profits struggle to find funding to meet the growing need; if one of these non-profits were to fail there would be a deep impact on our community. As such, a funding opportunity for a community benefit organization such as 3VCF may be impactful in strengthening the existing safety net infrastructure. Additionally, 3VCF can be used to facilitate donations to achieve community-desired initiatives. For example, 3VCF is accepting funds for the Dublin Fallen Officers Fund and the We are Pleasanton Fund for a collection of projects at Foothill High School. FUNDING Staff recommends that financial support to 3VCF would be provided in three equal annual installment payments as follows: • Payment 1 - $16, 666.67 available July 1, 2022 • Payment 2 - $16,666.67 available July 1, 2023 • Payment 3 - $16,666.66 available July 1, 2024 City staff will execute a Memo of Understanding Agreement with 3VCF (Attachment 2) outlining the provisions approved by the City Council. As part of the agreement, 3VCF will be required to provide an annual update to the Human Services Commission. Page 2 of 3