IECF Overview
Founded in 1941, the Inland Empire Community Foundation is the oldest and largest community foundation serving the Inland region. We have deep roots here, and are committed to working with all who care passionately about improving our community. We come to the table with in-depth understanding of the IE and our nonprofit sector, extensive experience with our donors that can make a meaningful difference – now and in the future.
The Foundation operates in the largest geographic territory of any community foundation in the nation – more than 27,000 square miles, covering Riverside and San Bernardino Counties.
While part of the Los Angeles media market, the Inland Empire has its own identity and is made up of 52 cities and towns and numerous unincorporated and rural areas. Combined, these counties have a population of 4.5 million residents. Within the region are sprawling suburbs, valleys, high-elevation and low-elevation deserts, and numerous mountain communities. Each place has its own distinct identity, demographics, strengths and challenges, and yet as a large region, the Inland Empire is an identity shared by most.
The Inland Empire is one of the fastest growing regions in California. Because of this, we face challenges to ensure shared prosperity, diverse and new leadership, and quality of life for all of its residents. But our opportunities are immense – new neighbors moving in each day; a wonderfully diverse and young population; new collaborations to solve big problems; the growth of sectors like IT, green tech, and advanced manufacturing; and growing arts and culture across both counties. We are excited by the possibilities of the Inland Empire, and understand that equity is an important part of our work. For us, equity means the application of an honest understanding of history and data to the issues we face.
The Inland Empire is at a juncture – balanced between the past and the future. Together, with you, we will push for that vibrant, prosperous, and shared future for all.
OUR VISION
A vibrant, generous, and just region with unlimited opportunities.
OUR MISSION
Strengthening the Inland Empire through philanthropy.
OUR VALUES
Integrity • Inclusion • Excellence • Collaboration • Knowledge
History
In 1941, Charles Brouse made a decision that would have a lasting impact on his community. A civic leader and banker, Brouse established The Riverside Foundation because he realized that the relationships he’d built throughout Riverside and its surrounding communities had filled his sails many times over during his career. He wanted to return that lifetime of support and a measure of his own success.
Brouse’s original bequest established an endowment to benefit students attending Riverside City College, and the foundation’s primary purpose became focused on scholarships. In the years that followed, the Foundation gradually broadened its focus – funding health and human services, civic benefit programs, arts and culture, and a variety of other causes. This broader focus led to expanded community impact and a name change in 1979 to The Riverside Community Foundation.
As change brought new challenges and opportunities to Riverside and San Bernardino Counties, the Foundation continued to adapt to serve a larger and more diverse population and service area. To reflect this expansion, The Foundation eventually became known as The Community Foundation – Serving the Counties of Riverside and San Bernardino.
Since inception, the Foundation has dispensed more than $212 million in grants and scholarships. Our scholarships have been given to every college and university within the two-county area, as well as to other institutions of higher learning across the country. Our donor-directed grantmaking funds arts and culture groups, youth and family agencies, environmental, animal, senior, vets and a variety of other causes and needs.
Now known as the Inland Empire Community Foundation, the Foundation manages assets of $137 million from more than 453 funds.
Board of Directors
Inland Empire Community Foundation is governed by a volunteer board of directors who reflect the diversity of age, ethnicity, religion, geography, gender, and education in our region.
Nefertiti Long, MBA
Chair of the Board
Chief Operating Officer, Alta Loma Enterprises
Jesse Melgar, M.P.P.
Vice Chair of the Board
Senior Advisor for Strategy & Public Affairs, UC Berkeley Possibility Lab
Kathy Johnson, CPA
Treasurer of the Board
Vice President, J.S. Held
Joseph R. Williams
Secretary of the Board
Community Agent of Strategic Planning, Rialto Unified School District
Liliana Andriani
Chief Executive Officer, Angel Jewelers
Dora Barilla, DrPH
President of HC2 Strategies
Paulette Brown-Hinds, PhD
Immediate Past Board Chair
President & Publisher
Voice Media Ventures
Jeremy Hobbs
President,
Western Wind Foundation
Rosie Lewis
Corporate Marketing Manager, Lewis Group of Companies
Brian McDonald
Vice Chairman of the Tribe, Chemehuevi Indian Reservation
Jacob Mejia
Vice President of Public and External Affairs, Pechanga Development Corporation
Tomás D. Morales, PhD
President of California State University, San Bernardino
Benjamin Nate
State Manager, Department of Justice, Office of the Attorney General
Marco Robles
(Retired) Public Affairs Director, Cardenas Markets
Neal Waner
CFP®, Partner, Stout Payne Waner
IECF Team
Our team of experts in finance, charitable giving, grantmaking and programs, and communications delivers quality service and support to our donors and nonprofit organizations. Meet our staff – we’re here to help.
R. Michelle Decker
President and CEO
Laurie Aldern
Content Manager
Kelsey Bates
Accounting Manager
Celia Cudiamat
Chief Impact Officer
Yasmeen Dabbas
Grants Manager
Andreana Fou
Finance and Program Assistant
Charee L. Gillins
Director of Marketing and Communications
Maite Gracian
Sponsorships & Donor Services Administrator
Brie Griset Smith, CSPG
Chief Development Officer
David Hernandez
Regional Fire and Forestry/Shared Stewardship Manager
Camille LaMaster
Grants and Scholarship Administrator
John McGuirk
Giving Officer, Coachella Valley
Darcy McNaboe, PhD
Giving Officer, San Bernardino
Khyati Mehta
Chief Financial Officer
Graciela Moran
Office of Policy & Community Engagement Manager
Paula Myles
Director of Donor Services
Kim Potter
Executive Assistant
Claudia Preza-Marin
Giving Officer, Riverside
Denisha Shackelford
Senior Scholarship Manager
Torie Weiston-Serdan, PhD
Education Equity Officer
What We Do
The Inland Empire Community Foundation is a nonprofit, public charity that helps individuals, families and businesses make a meaningful difference on the issues they care about in the community through permanent charitable funds.
Growing Giving
We partner with generous donors (individuals, families) to address the needs of residents in the Inland Empire by helping them meet their charitable goals and maximize the impact of their giving.
Asset Stewardship
IECF invests and administers $137 million in 453 separate charitable funds according to rigorous national standards to ensure gifts continue to grow and have an impact for generations to come.
Grantmaking
Through grantmaking, we support diverse nonprofit organizations in their important work with arts and culture, children and families, civic and environmental benefit, education and scholarships, health and human services, and more.
Community Leadership
In our capacity as a convener, we bring together nonprofits, business, government, academia, and other key stakeholders to identify community needs and develop collaborative solutions.
Financials
Investments
Prudent and strategic investment of assets is central to our ability to conserve capital, secure a positive return, and enhance the quality of life in the communities we serve.
Asset Allocation & Philosophy
The Foundation stewards a robust portfolio with a long-term time horizon that is invested in accordance with the core principle that a diversified portfolio across different asset classes should provide a sustainable rate of income while minimizing volatility. The portfolio is periodically rebalanced to target allocations, maintain portfolio equilibrium, increase value, and support donor’s spending over the long term.
Process & Governance
The Foundation’s Investment Committee and independent investment consultants continually review:
- Strategic Investment Opportunities
- Portfolio Allocations
- Fund Manager Analysis
- Investment Performance
- Manager Searches (as needed)
- Market Environment
- Capital Market Assumptions
The Investment Committee is focused on best practices and a sound investment policy for the benefit of donors.
Investment Documents
Executive Summary for Long Term Pool
Investment Performance & Commentary
Executive Summary for Short/Medium Pool
Executive Summary for Medium Pool
Executive Summary for ESG Pool
Investment Policy Statement
Independent Investment Consultant
Inland Empire Community Foundation has utilized Verus as its independent investment manager for over 13 years.
Ms. Anne Westreich, CFA
Senior Consultant
Verus
Ms. Westreich provides a broad range of investment consulting services to clients to assist them in reaching their long-term investment goals. Prior to joining Verus in 2006, Ms. Westreich was a Portfolio Manager/Analyst at Provident Investment Counsel and an Analyst at Hughes Investment Management Company. Ms. Westreich’s 20 years of institutional investment management experience, analytical skills, and deep knowledge of financial markets help our clients meet the difficult challenges of developing and implementing an effective investment policy. Ms. Westreich’s background within a plan sponsor provides a level of understanding of our clients’ needs, while her portfolio management experience provides a unique perspective when analyzing investment managers. In addition to Ms. Westreich’s consulting responsibilities, she also serves as a member of the Research Advisory Committee.
Investment Committee:
IECF BOARD
Mr. Neal Waner, Committee Chair, CFP, Partner, Stout Payne Waner
Mr. Jeremy Hobbs, President, Western Wind Foundation
Ms. Kathy Johnson, Vice President, J.S. Held
Mr. Rob Field, City Manager, City of San Bernardino
Mr. Joseph R. Williams, Community Agent of Strategic Planning, Rialto Unified School District
COMMUNITY MEMBERS
Mr. J. Sergio Bohon, Senior Financial Advisor, Senior Vice President Wells Fargo
Mr. J. Kirk Harns, President, Pacific Hydrotech Corporation
Mr. Dwight Tate
Paula Myles
Senior Vice President, Finance and Stewardship
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Job Opportunities
Thank you for your interest in joining our team. We currently do not have any open positions, but please check back for updates!
EEO STATEMENT
Inland Empire Community Foundation is an equal-opportunity employer and makes employment decisions on the basis of merit. The company will not discriminate on the basis of race, religion (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and/or related medical conditions), sexual orientation, national origin (including language use restrictions), ancestry, citizenship status, uniformed service member or veteran status, marital status, age, medical condition (genetic characteristics, cancer-related), physical or mental disability (including HIV and AIDS), gender, gender identity, or gender expression. It also includes a perception that anyone may have any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics. All such discrimination is unlawful.