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Of Opportunity the Gift

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Of Opportunity the Gift the gift of opportunity 2007 ANNUAL REPORT our mission The mission of The Community Foundation for the National Capital Region is to facilitate individual, family and organizational giving at all levels to improve the quality of life in the Washington metropolitan area. We accomplish this by: > Providing expertise and services to donors on how to realize their goals in philanthropy; > Connecting our donors to organizations providing effective programs; > Serving as a convener and catalyst on emerging issues; and > Providing sound financial management of assets. letter from the chair and president Welcome to The Gift of Opportunity, The Community an endowment at The Community Foundation has Foundation for the National Capital Region’s annual helped build the organization’s stability and secure report for fiscal year 2007. its future. In Northern Virginia, the opportunity to see philanthropy differently inspired The Women’s Giving While giving and opportunity go hand-in-hand, the Circle of Alexandria to have a substantial impact by relationship between the two is actually more complex pooling their resources at the Alexandria Community than we generally assume. The rich interweaving Trust. And for Artis Hampshire-Cowan, monetary gifts of giving and giving back truly captures the spirit of collected by close friends in honor of her birthday gave The Community Foundation’s work, the remarkable her the opportunity to establish her own donor advised commitment of our generous donors, and the heartfelt fund at The Prince George’s Community Foundation. dedication to community and service that the region’s nonprofits demonstrate every day. For our part, all of us at The Community Foundation, including our regional affiliate foundations, are grateful To be sure, when we give to charitable organizations, for the opportunity to serve and to work toward each gift creates an opportunity. The opportunity to positive change for many of our communities’ most give a struggling family food, clothing and shelter. pressing issues today. We also are grateful to the The opportunity to help a child recognize his or her many individuals and organizations who have helped potential in school and in life. And the opportunity grow The Foundation’s assets to more than $355 to give both adults and young people access to the million — the highest level in our 30+ year history. skills and knowledge necessary to succeed in the While we must build on this growth, our ability to workplace, sharing in and contributing to our region’s award more discretionary grants than ever before has vibrant economy. provided us the opportunity to invest more than $2.8 But as you’ll learn from the stories of the ten million this year in nonprofits across the region. This extraordinary donors profiled in these pages, figure is just a part of the more than $95 million in opportunity goes both ways — because the discretionary and donor-advised fund grants that we opportunity to give, in the broadest sense of the word, distributed in FY2007 in the Washington metropolitan is a gift in itself. For activist David Rubenstein, his area and beyond. passionate commitment to reversing the humanitarian We extend special thanks to The Foundation’s crisis in Darfur has given him the opportunity, through trustees, as well as to the advisory board members of his Community Foundation fund, to press our nation’s our three regional affiliates, for their truly unwavering lawmakers for action. The gift of a rental property commitment to the people and many diverse to The Montgomery County Community Foundation communities that make our region unique in so many gave Vivien Hsueh the opportunity to support a cause ways. And to all of our many friends, colleagues, near and dear to her — helping Chinese American partners, constituents and collaborators…we thank seniors thrive in their community. For the Washington- you for caring. based Latin American Youth Center, establishing M. Charito Kruvant Terri Lee Freeman Chair President contents THE YEAR IN REVIEW 2 FINANCIAL STATEMENTS 38 FY2007 at A GLANCE 6 DONOR FUNDS 40 FY2007 GRANTS paid 8 CONTRIBUTIONS $5,000+ 42 FY2007 DONOR-RECOMMENDED GRANTS 12 AFFILIATES 46 DONOR profiles 18 BOARD OF TRUSTEES AND staff 52 THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION | 1 FY2007: the year in review giving more of ourselves In FY2007 The Community Foundation for by blending educational, volunteer and the National Capital Region granted more networking activities with social outings funding to nonprofit organizations in Greater and events. Washington than any other private, family or The Montgomery County Community corporate foundation in the metropolitan area. Foundation (MCCF) marked its 10th Together with its three regional affiliate Anniversary in May 2006 with a spirited event foundations, The Community Foundation and at Imagination Stage in Bethesda. During its donors awarded more than $95 million the past 10 years, MCCF has welcomed an in grants, again placing it among the top 10 impressive 124 funds with total charitable community foundations nationally for grants contributions of more than $20 million, and made. Total assets increased to an all-time has built an unrestricted endowment for its high of more than $355 million. community giving totaling more than $1 million. Perhaps even more significantly, MCCF has The Community Foundation’s Celebration of engaged thousands of county residents in Civic Spirit, held in May at Union Station, caring and acting for their communities. honored outgoing board chair Alexine Clement Jackson for her service and philanthropy. The Prince George’s Community Foundation’s Proceeds from the event were designated inaugural Civic Leadership Awards Dinner for The Foundation’s Community Leadership recognized three outstanding leaders — David Fund, which supports education, workforce Hillman, President, Southern Management development and increased regional thinking, Corporation; Andre Lynch, CEO, Ingenium all with the goal of increasing equity and Corporation; and Hon. Samuel Dean, former opportunity for all residents of our region. Chairman, Prince George’s County Council — for their years of service to Prince George’s Reaching out to young donors and the next County communities. The well-attended event generation of civic leaders, the Alexandria highlighted the important contributions of the Community Trust (ACT) launched Give Back county’s numerous nonprofit organizations. Alexandria, a new opportunity for giving designed to engage emerging philanthropists about the community foundation The Community Foundation for the National Capital Region is the largest funder of nonprofit organizations in the Washington metropolitan area. Since 1973, The Foundation has managed the philanthropic dollars of area families, individuals, corporations, and institutions. Today, The Community Foundation stewards more than 600 funds, each as unique as the donor who created it. 2 | 2007 ANNUAL REPORT learning together The Community Foundation works closely with forums focused on growth and development, 1 2006 Civic Spirit honoree its donors to explore many of the toughest youth, structural racism, environmental issues Alexine Clement Jackson (center) with Terri Lee and most entrenched issues challenging our and human services, and led to the creation of Freeman (l) and Community communities. Together, our goal is to invest The Partnership for Prince George’s County, a Foundation trustee Dr. Charlene Drew Jarvis (r) in effective programs that result in tangible, new funding collaborative housed at PGCF. The positive change. Collaborative will award grants supporting local nonprofit organizations beginning in late 2007. 2 2006 “Putting Race on The Community Foundation’s 2006-07 Spirit of the Table” with moderator Kojo Nnamdi (l) and keynote Giving guide, published in the fall, highlighted In October, The Community Foundation and speaker Dr. Ronald F. Ferguson (third from right), 15 small, highly-effective nonprofits working PNC Wealth Management co-sponsored with Terri Lee Freeman to support middle-school aged children in the “The Practices of Successful Families,” an (center) and panelists (l-r) Gabriel Benn, M.Ed., David Washington region. Given that educators have educational forum for donors and financial Stewart, Dr. Nataki Reynolds established that the middle school years are advisors featuring an engaging presentation and Dr. Robert G. Smith a critical time for addressing the academic by Harvard University’s senior philanthropic achievement gap, The Community Foundation advisor and author of Wealth in Families, 3 CCI artist awardees. Top row (l-r): Valerie Theberge, used the annual guide, as well as its “Putting Charles W. Collier. Hugo Medrano, Chum Ngek, Race on the Table” discussion forum, Kelly Towles, Reggie Glass, The Community Foundation expanded its Jane Jerardi, Chu Shan Zhu; generously underwritten by Freddie Mac and Philanthropic Advisory Services work with bottom row: Patrick Crowley, Wachovia, to direct attention and resources to Laura Schandelmeier donors. Drawing upon The Foundation’s in- education in the region. depth knowledge of the region’s nonprofits The Prince George’s Community Foundation and community issues, this fee-based service (PGCF) partnered with Washington assists donors with a range of activities Grantmakers to host a series of discussion from developing giving plans and researching forums on the state of this rapidly-growing issues to reviewing proposals, making funding county. Bringing together
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