General Information

The “Community Benefit Fee” was established to provide unrestricted funds to the Clovis Community Foundation generated by an amount equal to a small percentage; 1/10th of 1% (.001) of the sales prices of every home sold covered by the Community Benefit Fee – initially by the builders and, thereafter, every time that house is resold. For example, a $200,000 home sale would generate a $200 donation to the Clovis Community Foundation.

The funds generated by the Community Benefit Fee are intended to create a perpetual source of income to benefit the community. The proceeds are distributed by the Foundation’s Board of Directors to the most deserving quality of life projects to enhance recreation, arts, and culture in the community. In almost every instance the money provided by the Foundation must be matched by the grantee. This ensures that the impact of the Community Benefit Fee is twice as impactful. In short, this program is a way for the builders and subsequent home buyers to reinvest in Clovis by "giving something back by paying it forward.”