2014 Lincoln Community Foundation Annual Report 2014 OVERVIEW
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2014 Lincoln Community Foundation Annual Report 2014 OVERVIEW donor funds with Lincoln Community Foundation. As a organizations, the business community, the City of result, we have more than doubled the numbers of funds Lincoln and Lancaster County. The intent was to create held by the Foundation since 2010. These gifts from a more comprehensive understanding of Lincoln, both our generous donors allow us to make more impactful its strengths and challenges. We could not be more grants in the community, improving Lincoln for future pleased with the use and impact generated from the first generations. report. Our priority this year will be to use the findings and engage all segments of our community with a goal of We hosted the third Give To Lincoln Day last May and creating a shared community agenda that will continue to raised almost $2.7 million from nearly 7,000 donors for move Lincoln forward. Barbara Bartle Richard Vierk 304 local nonprofits in just 24 hours. It has been exciting President Chair of the Board to see Lincoln residents embrace this special day of In 1955, a group of visionaries with a genuine love for Building resources and providing leadership to the giving and the positive impact it has on helping our local Lincoln and dedication to its successful future founded nonprofits carry out their important work.. Lincoln community is the aspiration of the Lincoln the Lincoln Community Foundation. As we enter 2015, we celebrate our 60th anniversary. We recognize the Community Foundation. We are pleased to report on Dollars granted in 2014 increased 53% from the generosity of thousands of donors who made gifts of all our many successes in 2014 in the areas of fundraising, previous year. We distributed $8.3 million to 673 sizes because of their love for Lincoln. Those gifts have grantmaking and community leadership. nonprofits. In addition, scholarships totaling nearly done so much to improve our wonderful city. To continue $245,000 were awarded to 197 students last spring. Almost $19 million in new gifts and pledges was building future opportunities for Lincoln, we are focused received this past year. Our total assets increased more Last January, Lincoln Vital Signs 2014 was launched on developing a new group of Diamond Donors during than 12% and are now $113.5 million. During the past five as a new tool for the community. The report was this anniversary year. These new donors will help continue years, our staff has actively worked on establishing new commissioned by 13 funders that included philanthropic to move the vision of Lincoln Forever forward by building 2 TO HELP BUILD A GREAT CITY; TO NURTURE, HARNESS AND DIRECT THAT ENERGY, IS THE ASPIRATION OF THE LINCOLN COMMUNITY FOUNDATION. permanent endowment funds that can address the future opportunities and needs of Lincoln. These funds will be in place to support the community for our 75th anniversary, when we turn 100 and other anniversaries far into the future. As we celebrate this milestone anniversary, we thank all the generous people who have given back to our community and celebrate those who now join us. Let’s work together to advance our community and grow Lincoln...Forever. PURPOSE The Lincoln Community Foundation was established in 1955 to help donors serve and improve the community through philanthropic gifts to nonprofit organizations. We are a connecting point for people who are interested in moving Lincoln forward. We are a facilitator, a partner and a collaborator. We have a relentless desire and energy to make Lincoln a better place. Our name says it the best. We are Lincoln’s community foundation. 2014 ACCOMPLISHMENTS ASSETS TOTAL ASSETS $150 million 12.4% $113.5 million $100 million $50 million Total Foundation Assets at Year-End 2010 2011 2012 2013 2014 $ 21,554,709 CONTRIBUTIONS ANNUAL CONTRIBUTIONS $ 18,982,252 TO THE FOUNDATION $19.0 million $ 8,582,777 Total Gifts to the Foundation $ 5,417,053 $ 797,170 2010 2011 2012 2013 2014 GRANTS 2014 GRANTS BY PROGRAM AREA Arts & Culture $ 1,064,954 53% Community Improvement 856,651 Education & Youth 1,971,296 $8.3 million Environment & Animals 220,696 Health & Human Services 1,374,889 Total Grants to 673 Nonprofits Religion-Related 789,361 General Philanthropy 1,991,256 4 2014 PROFILE 2014 2013 129 NEW FUNDS IN 2014 ASSETS 659 Investments Number of Funds With the Foundation $ 91,560,548 $ 81,560,044 Cash 8,792,927 9,219,148 Property and equipment 9,451,807 5,748,567 Receivables from estates and other 3,446,294 3,685,951 Future interests 260,214 835,398 Total Assets 113,511,790 101,049,108 306 Other LIABILITIES AND FUND BALANCES Annuities and trusts payable 714,662 758,586 Scholarship 173 Grant and other payables 493,334 576,828 Discretionary Agency funds payable 2,913,065 2,396,691 Donor Recommended Fund balances 109,390,729 97,317,003 Total Liabilities and Fund Balances 113,511,790 101,049,108 2000 2010 2014 REVENUES Contributions 18,982,252 21,554,709 Investment income 3,585,199 11,635,819 Changes to future interests 121,870 216,982 2014 FUND BALANCES – $109,390,729 Total Revenues 22,689,321 33,407,510 Grantmaking – Donor Recommended $ 55,330,775 Grantmaking – Discretionary 28,937,468 GRANTS AND EXPENSES Grants and other program services 8,269,103 5,404,377 8,011,591 Scholarship Supporting services 2,346,492 1,963,624 LCF Operating & Split Interest 17,110,895 Total Grants and Expenses 10,615,595 7,368,001 Change in net assets 12,073,726 26,039,509 Net assets beginning of year 97,317,003 71,277,494 NET ASSETS END OF YEAR $109,390,729 $ 97,317,003 For complete financial information, visit our website at www.lcf.org. DONOR GIFTS Recognizing all gifts made during the 2014 calendar year. A to Z Design Ashley and Tyler Bell Bryan Health Bill and Marilyn Cintani ABC Electric Kathryn and J.F. Bellman Carl and Lynn Buchanan City of Lincoln - Mayors Office Abel Foundation Carrie Bence The Buffett Early Childhood Fund Claire M Hubbard Foundation Jack Abel and Kayla A. Brandt Benevity Community Impact Fund Lucy Buntain Comine and Lawrence Comine, Jr. Dr. David and Tana Clare Joe and Jeanette Adams John and Kris Bergmeyer Nanci Burchess Timothy and Amy Clare Gary and Deb Ahl Margaret and Steve Berry Heidi Burklund John and Mary Clark Thomas and Jane Allman Pamela Bespalec Dr. Robert and Judith Burton Shirley Clifton Tammy S. Alvis* Bettenhausen Family Foundation Jim and Judy Cada Drs. Sheila K. Collins and Richard Citrin Brandon Andersen Robert and Jo Anne Bettenhausen Bob and Beth Caldwell Community CROPS Clyde Anderson Peter Beynon Larry and Mary Lynn Callen Community Health Endowment Nancy Anderson Ann Birky Mike and Cherise Callen John H. Conley Aspegren Charitable Trust James and Carol Bishop Jack and Sally Campbell Carol and James Connor Assurity Life Foundation BKD Foundation Robert and Candace Campbell John and Janice Connor Assurity Life Insurance Company Steve and Regina Blazek Rosalind and James Carr Jerry and Lori Connot Helen Atwater Jim and Susanne Blue Amy Carter Jay Conrad Rich Bailey John and Jan Blumer Dr. Jacque and Judy Carter Cooper Foundation Samuel and Joyce Baird BNSF Railway Foundation Kyle and Koren Cartwright Andrea Cope Pamela Baker Nick and Amy Bock Dr. Stephen and Beth Carveth Copple Insurance Agency Joseph and Marie-Pierre Baltz Sharon Boesch The Cattle National Bank and Trust Co. Edward and Mary Copple Alexander Banks Dick and Sue Boswell Anne Cech Corn and More Barbara and Bob Bartle Pat Bracken CenterPointe Cornhusker Bank Laura Bauermeister Graham Brooks Richard and Jacquie Chapin Covidien Patrick and Ellen Beans Mr. David Brown and Dr. Jenni Bruning Brown Christina and Larry Chapman Brad and JoNell Crain Thomas Beckius Eric and Ruth Brown Jeffre and Marnie Cheuvront Dr. and Mrs. Eric J. Crimmins Nannette Bedrosky Thomas Brown Lynda Christiansen Doug and Deb Cunningham Cathy and Andy Beecham Lana and Robert Browne The Church of Jesus Christ of Latter-Day Saints Rebecca Curtis Allen and Linda Beermann Alexandra and Ross Bruening Cintani Family Foundation Richard and Lois Dam 6 Morgan and Anne Davis Michael Eppel Funders’ Network Marie De Martinez Nicole Anderson Erickson Jennifer and David Gall Richard K. DeBuse II and Lisa DeBuse Tony and Laura Essay Steve and Kathy Gealy Deeter Foundry Christina Eutsler Jay and Ruth Gerber Gene and Suzaine Deeter Everett Community Organization Bud and Georgianne Gerhart Sara and Steve DeLair Cindy Everson Mari Lane Gewecke and John Gewecke Dietze Music House Executive Club of Lincoln Girl Scout Troop 41732 Arlys Dill Fellowship Church of God Glass Edge of Lincoln Eric and Stephanie Dinger Fellowship of Christian Athletes- Dave and Becky Glenn Alice Dittman National Office Steve and Marie Glenn Erin and Ryan Dobesh Paul and Ruth Few Ronald and S. Beth Goble Kayla Doerr Shirley and Robert Ficke Dr. Louis J. Gogela, Jr. and Mary K. Gogela Sharon Doll Fidelity Charitable Gift Fund Jill Goldstein Ardis Douglas Matthew and Ann Finkner Bradley Gosch Dawson and Rose Ann Dowty Cecilia Finley Dolores K. Graff William Draper Finlaw and First Nebraska Trust Company Donald Gray Melissa Finlaw Draper First Plymouth Congregational Church Dawn and Michael Green Dr. Michael and Laura Duggan First State Bank Janet Greenwald Duncan Family Trust FirstGiving Noah and Jessica Greenwald Todd and Connie Duncan Robert and Janice Fitzsimmons Dr. James and Margaret Griesen Mike and Terri Dunlap Nicole Fleck-Tooze and Marcus Tooze Lori Griggs DuTeau Investment Co. Patrick and Elizabeth Flood Christine M. Grosh and David R. Pitts Eagle Printing John and Mary Fordham Dr.