Attorney general confirms VCCF’s improper use of funds

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Attorney general confirms VCCF’s improper use of funds

By Joshua Molina / Friday, March 31st, 2017 / Comments Off on Attorney general confirms VCCF’s improper use of funds

The Ventura County Community Foundation’s headquarters building in Camarillo has been a source of controversy. The Ventura County Community Foundation improperly used $3.8 million of endowment funds to help pay off a building and made improper, over-investment of permanent funds into money market accounts, according to the California Attorney General’s Office. The attorney general’s letter…

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