The Community Foundation of Kankakee River Valley takes its fiduciary responsibility to safeguard and grow funding for the greater good very seriously.
Our legacy as a philanthropic leader dictates the oversight of a well-reasoned investment philosophy.
The Foundation’s board of directors has adopted a detailed set of investment policies and guidelines.
Because we take our philanthropic responsibilities very seriously, our policies and procedures provide terms for public inspection of the following documents:
- Annual audit
- Form 990
- Form 990-T any years in which this form is filed
- Form AG990-IL
- Application for exemption as filed with the Internal Revenue Service
- Governing documents
- Employee handbook
- Whistleblower policy
- Conflict of interest policy
- Gift Acceptance policy
- Donor-initiated Fundraising policy
- Due Diligence Policy for Grantmaking
- Fees charged (investment and administrative)
- Investment policies
- Names of its investment managers
- The governing body responsible for investment oversight and investment
- Grant distributions made
Any of the aforementioned documents may be requested by written request to the Community Foundation of Kankakee River Valley or by emailing the Community Foundation at This email address is being protected from spambots. You need JavaScript enabled to view it..
