Founded in 1956 as part of Glendale's 50th anniversary celebration, The Community Foundation of the Verdugos (formerly the Glendale Community Foundation) exists to improve the quality of life for the people of the Verdugo area — Glendale, La Crescenta, La Canada Flintridge, Montrose, and Verdugo City — by leveraging community assets.
The Foundation administers gifts and grants through financial investments according to donors' wishes and uses the income (interest from the investments) from unrestricted gifts to fund hard asset acquisitions (i.e., capital equipment and improvements) and programming for local charities to make them more efficient and effective.