Why have the Ojai Valley Defense Fund?

The Ojai Valley Defense Fund provides financial support to groups undertaking legal action to protect and sustain the environmental quality of the Ojai Valley for the public benefit. The purpose of this nonprofit charitable corporation is to receive and distribute contributions from individuals, estates, government, corporations, foundations, and any other source for the benefit of the mission of the Ojai Valley Defense Fund. OVDF is a nonprofit public benefit Corporation and is not organized for the private gain of any person. It is organized under the California Nonprofit Public Benefit Corporation Law for public and charitable purposes.

Historical Threats to the Environment of the Ojai Valley

Select list of major occurrences through 2000; issues of current possible import omitted. Please click here to read about historical threats.

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Fund Management

Until $1,000,000 has been reached, accumulated contributions will be placed in FDIC-insured accounts. Thereafter, at least 80 percent of the investment portfolio’s net assets will be invested at all times in fixed income securities with active management of maturities. Fixed income securities will be heavily weighted toward FDIC-insured deposits or government-backed Treasuries. Other fixed income securities include investment-grade quality bonds, preferred stocks, and insured money markets. Up to 20 percent of the portfolio may be invested in equities, which will be diversified primarily among mid-to-large capitalization companies. Preservation of capital will consistently hold priority over capital appreciation. The Ojai Valley Defense Fund banks locally.