Coastal Villages Region Fund (CVRF) is a pivotal organization that aims to stimulate the economy and enhance the livelihoods of over 9,300 residents across 20 communities along Alaska's rugged coastline. Established with the mission to create sustainable, long-term opportunities, CVRF leverages the Community Development Quota (CDQ) Program to maximize earnings from the Bering Sea fisheries, such as pollock and crab, while ensuring that these benefits remain within local communities. This approach not only allows residents to participate actively in the commercial fishing sector but also fosters economic independence and growth for generations.
The organization's core values emphasize trust, teamwork, respect for cultural diversity, and commitment to community participation, underscoring their belief in empowering locals to achieve financial stability. CVRF operates with a focus on balancing growth in commercial fishing with sustainable development. They encourage bold thinking and implement innovative strategies to adapt to changing market conditions while delivering equitable economic benefits to their member communities.
Governance at CVRF is rooted in local perspectives, with a Board of Directors comprising community members who guide the organization’s values, policies, and overall vision. This structure ensures that community voices are heard at all levels of decision-making, allowing for the development of programs that respond to the specific needs of residents.
Through its various initiatives, including job creation, scholarships, and internships, CVRF is committed to building a resilient future for its member communities. The overarching goal is to maintain the essential connection between the residents and their natural resources, ensuring that they continue to have a sustainable pathway for growth, economic independence, and community enhancement. As they look to the future, CVRF remains dedicated to protecting their fisheries while fostering an environment where local communities can thrive.
