The Waterman Foundation, established by the Bakersfield Downtown Rotary Club in 1984, focuses on providing scholarships to local students and grants for capital projects supporting local nonprofit organizations. Governed by a Board of Trustees comprised of Downtown Bakersfield Rotary Club members, its mission emphasizes local community support through financial aid for education and nonprofit initiatives.
The grant provided by the Kern River Valley Community Fund is designed to support charitable activities that improve the Kern River Valley region for residents and visitors. It encourages philanthropy and aims to fund projects that address the community’s needs, making it a better place to live, work, and visit.