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Yolo Community Foundation: local philanthropy grows; nonprofit sector reports rising expenses and shrinking reserves

5442607 · July 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Yolo Community Foundation briefed supervisors on growth in local philanthropic assets, a State of the Sector report showing increasing nonprofit expenses and decreasing reserves, and the YoloNeon back-office capacity-building pilot funded by the board.

Jessica Hubbard, executive director of the Yolo Community Foundation, and program manager Carolina Valverde presented a foundation update July 22 and summarized findings from their fifth annual State of the Sector survey and the pilot YoloNeon capacity-building program funded in part by the board.

Hubbard said the foundation now manages roughly $15 million in assets across about 120 funds, up from about…

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