MOVING FORWARD TOGETHER

2018 ANNUAL REPORT Letter from our President It has been an honor to and the number of funds over the years, hiring serve as the 2018 President another staff member was necessary. Growth from of the Community both the Foundation and Black and Associates, LLC Foundation of Burke necessitated additional space for the Foundation. County Board of Directors. The CFBC is thankful to Chip Black for allowing The Board is composed use of his space for the past 17 years. This allowed of an esteemed group of administrative expenses to remain low as the Burke County citizens, all Foundation experienced growth in fund assets during of whom have a passion the critical early years. We cannot thank Chip Black for giving back to our enough for this gracious gift of office space. Kelle Huffman wonderful community. In addition to a well-versed board, the Foundation is “Do your little bit of good where you are; very fortunate to have Nancy Taylor as the Executive Director. She has endless energy it’s those little bits of good put together that and enthusiasm as she executes the mission overwhelm the world.” – Desmond Tutu of the Community Foundation of Burke County (CFBC). Identifying crucial community issues and collaborating 2018 was an unsettling year in the markets. In with strong partners remains a focus of the Foundation. December, there was tremendous volatility and The transportation system is operating due to the significant decline in the market which led to anxiety numerous contributions of partners in the community. for many. It can be difficult to remain calm during This was a multifaceted endeavor achieved only market swings; however, patience and resolve during through collaboration. The CFBC continually looks for these times are very important. The Foundation is initiatives that “make a difference” in our community. fortunate to have a strong Investment Committee who is guided by our investment policy and remains steady I look forward to another year serving on the Board of and disciplined during these unpredictable times. the Community Foundation of Burke County. Please feel free to reach out to Nancy Taylor or any of our In 2018, the Foundation added seven new funds board members, if you would like to learn how CFBC for a total of 107 funds. Due to the growth of assets can help you “do your little bit of good where you are.”

Mission Statement

To encourage, develop and participate in philanthropy by providing flexible giving opportunities, professional support and responsible stewardship for the benefit of donors and qualified recipients. Board Members Elizabeth W. Andrews J. Rountree Collett, Jr. Naomi W. Hunt Rev. Diana Spangler- John F. Black, Jr. Richard L. DeAugustinis M. Alan LeCroy Crawford Chris T. Brittain John N. Heilman Martha McMurray-Russ David R. Wiese Phillip E. Church Kelle B. Huffman J. Mark Rostan V. Otis Wilson, Jr. Board Members Emeritus John T. Branstrom Le N. Erwin James E. Lowdermilk James H. Rostan William M. Brinkley J. Hugh Fletcher Donald J. McCall Derinda P. Stiene Cynthia H. Callaway C. Michael Fulenwider Nettie M. McIntosh Benjamin S. Succop Sterling R. Collett, III Doris L. Fullwood Marcus W. H. Mitchell, Jr. Robert T. Turner, II P. Paul Deaton Susan L. Haire W. Harold Mitchell Edward D. Wall Elisabeth C. Ervin Charles E. Horton Barbara C. Norvell Emily Williamson Gangi John W. Ervin, Jr. Jack B. Kirksey Susan C. Pollpeter Otto H. Woerner Community Committee Members Amparo R. Alfaro John W. Ervin, Jr. Rhonda Lee Susan C. Pollpeter Dan A. Boggs Doris L. Fullwood George K. Logan Jason M. Pope John T. Branstrom Susan L. Haire Lisa Miller James H. Rostan R. Mark Buff Frances M. Hildebran Mark K. Miller Mary Charlotte Safford James A. Cornelison Douglas C. Hall Marcus W. H. Mitchell, Jr. Frederick L. Schuszler Emma R. Draughn Bruce N. Hershock Sara Black Moses Louis E. Vinay Dana S. Elliott Hannah M. Johnson Jerry T. Norvell Edward D. Wall

3 2018 Endowment Funds

Animals Donor Advised Burke County Friends for Animals Bob and Susan Merrill Endowment Fund Endowment Fund Bowers-Greene Endowment Fund Arts Burke Sunrise, Inc. Limited Endowed Fund Burke Women’s Fund Burke Arts Council Endowment Fund Camp Lake James Stewardship Fund Caldwell Arts Council Endowment Fund Charles M. and Alice M. Carey Fund Caldwell Arts Council Limited Endowed Donor Advised Fund Chris and Leanne Brittain Family Fund The Rock School Arts Foundation Endowment Fund Christian Shull Children’s Endowment Fund Cooper - McCall Endowment Fund Broad Charitable Purposes Ellen and Rountree Collett Fund Avery-Causby Fund Gresham Orrison Endowment Fund Donald and Betty Taylor Fund Jackie and Paul Deaton Fund Dorothy K. Ervin Endowment Fund James H. Rostan and Linda R. Rostan Endowment Emanuel A. and Romilda P. Richard Endowment Fund Fund Francis and Emily Grill Memorial Fund Joel Hastings Endowment Fund Jean Conyers Ervin Fund John P. Rostan, Jr. and Naomi Bounous Rostan Marilyn Malone Gordon Endowment Fund Endowment Fund Otto and Wynne Woerner Fund Joyce Amos Jones Endowment Fund William E. and Laura Ervin Smith Fund Mayas la nueva generacion-Mayas the Next Generation Cemetery Maintenance Morgan-Avery Fund Rotary Club of Morganton Charitable Fund Mountain View Cemetery Fund Salsbury-Taylor Fund Quaker Meadows Cemetery Fund Waldensian Presbyterian Church Cemetery Endowment Education/Scholarship Fund Adam Benson Scholarship Fund Culture/History Anita Wilson Scholarship Fund Historic Burke Foundation-Alice Elaine Falls Endowed Ann Cornwell Patton and George Thomas Cornwell Fund Fund Historic Burke Foundation-Alice Elaine Falls Limited Betty and Otto Woerner Endowed Scholarship Fund Endowed Donor Advised Fund Burke Education Endowment Program Endowed Fund History Museum of Burke County Endowment Fund Cranford Scholarship Endowment Fund History Museum of Burke County Limited Clyde Nichols Young, Jr. Endowed Scholarship Fund Endowment Fund Crump-Pollpeter Scholarship Fund Library Foundation of Burke County Endowment Darren Wilson Scholarship Fund Fund Drexel Alumni Association Fund Deaf and Hearing Impaired Glenn R. Yoder Scholarship Endowment Fund Jimmy C. Draughn Scholarship Endowment Fund Albert Mehl Endowment Fund Keith Warren Black Educational Scholarship Fund

4 Community Foundation of Burke County

Education/Scholarship (continued) Human Services (continued) Larry and Louise Huffman Scholarship Endowment Burke United Christian Ministries Limited Endowed Fund Donor Advised Fund Larry Simpson Memorial Scholarship Fund Children’s Home Society of North Carolina Limited Margaret Franklin Scholarship Fund Endowed Fund Michael Williamson Eley Endowment Fund Drew Woerner Endowment Fund Mildred and Hugh Fletcher Scholarship Fund Foothills Service Project Limited Endowed Donor Morganton Day School Scholarship Endowment Fund Advised Fund Raymond K. Miller Scholarship Endowment Fund Habitat for Humanity of Burke County, Inc. Fund Robert A. “Bob” Shook Memorial Scholarship Options Against Family Violence Fund Rotary Club of Morganton Scholarship Endowment Ray and Laura Consley Endowed Fund Fund Southmountain Children and Family Services Tim Spain Scholarship Fund Endowment Fund Valdese Rotary Club Endowed Scholarship Fund W. Edwin & Marie T. Hoyle Endowed Fund Waldensian Presbyterian Women Scholarship Program School Nurse Program/Nursing Endowment Fund Scholarship Wynne and Otto Woerner Endowed Scholarship Fund Minnie Belle Rector Cooper Nursing Scholarship Fund Environment Stiff Endowment Fund Foothills Conservancy of North Carolina Burke Religion County Endowment Fund First Presbyterian Church Morganton Limited Martha’s Park Endowment Fund Endowed Donor Advised Fund Healthcare George Lewis “Jake” and Annie Taylor Paschall Burke Hospice & Palliative Care Endowment Fund Endowment Fund Burke Hospice & Palliative Care, Inc. Limited Waldensian Presbyterian Church Endowment Fund Endowed Donor Advised Fund Walter Howard Lewis Endowment Fund Burke Hospice & Palliative Care, Inc. Limited Travel Fellowship-First Baptist Endowed Donor Advised Fund II Church Morganton Good Samaritan Clinic Endowment Fund Jerald C. Liebhart, Sr. & Grace Folmar Liebhart Fund Ron LaSalle Limited Endowment Fund for Charitable Care Unrestricted Stop Alcohol and Drug Addiction Endowment Fund Betsy and Billy Joe Patton Endowment Fund Teeth in Need Endowment Fund Bill and Hazel Bailey Abernathy Endowment Fund Human Services Carl H. and Linda S. Wall Endowment Fund Andrea Galen Jacks Endowment Fund Donald Jackson McCall Endowment Fund Blue Ridge Community Action Fund F. Sam and Phyllis Rogers Fund Burke Charitable Properties Limited Endowed Donor John L. and Caroline W. Kos Fund Advised Fund John W. Ervin, Jr. Endowment Fund Burke County United Way Fund Pat and Harold Mitchell Fund

Please consider making a donation to one of these endowments.

5 Letter from our Executive Director In 2018 the Community To provide better customer service to our donors, Foundation of Burke nonprofits, and partners in the community, we have County (CFBC) was welcomed Colleen Moore to our staff. Colleen will pleased to be reaccredited by support our Finance Director, Theresa Watters, National Standards for U.S. with financial reporting, and will assist with special Community Foundations®. projects and donor relations. Our office staff is here The reaccreditation process to help in any way; we encourage you to contact us Nancy Taylor requires community at (828) 437-7105 or www.cfburkecounty.org. executive director foundations to document their policies for donor The 2018 Annual Report is reflective of the work services, investments, grantmaking, and administration. being done by the Foundation. Please read the stories It is a rigorous and comprehensive legal and that convey the successes/impact of our scholarship administrative review process. Accreditation provides our programs, endowments, grant programs, the Burke donors with the knowledge that our “house is in order”. Youth Organized Philanthropists, and the Burke It demonstrates a commitment by our Board of Directors Women’s Fund. All of these accomplishments are to transparency, quality, integrity, and accountability as made possible through the generosity of our donors. It our mission is carried out. remains my privilege to be a part of this organization. CFBC also continued its commitment to the long- term viability of local nonprofits by offering strategic planning, board development and operational best practices to individual agencies. These services are provided at no cost to the agencies and are indicative of the CFBC Board of Directors’ dedication to our community’s charitable causes. In 2018, CFBC also held informational and educational breakfast meetings for all of our local nonprofits. In the breakfast meetings, the Foundation surveyed the nonprofits to ascertain their operational needs, provided updates on local and regional grant opportunities, and solicited their input on the development of the Transportation Project. Colleen Moore Theresa Watters financial and finance director executive assistant

Learn more about the Community Foundation If you know a group that might enjoy learning about us, please contact Nancy W. Taylor at 828-437-7105. We have a brief 15-20 minute presentation that explains how the Foundation works and how anyone can become a philanthropist.

6 Arts, Culture & Humanities 2018 Total Grants Community/Economic Vitality $42,909 $44,072 5% Endowed, Limited Endowed, 5% Burke Women’s Fund, Burke Organized Youth Philanthropists, Human Services $297,023 Religion and Unrestricted 33% $208,488 23%

In 2018, $889,912 in grant Health funding was distributed to 102,972 12% qualified nonprofit agencies Environment/Animals $38,776 and organizations. Human 4% Education Services received the largest 155,672 allocation (33%). 17%

“One never notices what has been done. One can only see what remains to be done.” – Madame Curie

7 CFBC Grant Recipients Back Row (left to right) Dale Barrier, Burke Charitable Properties Inc.; Kim James, Burke Council on Alcoholism and Chemical Dependency; Lisa Nowell, Prevent Blindness North Carolina; Renee Lewis, Repay, Inc.; Claudia Klahre, Southmountain Children and Family Services; R. L. Icard, Foothills Service Project Front Row (left to right) Alison Azbell, The Meeting Place One, Inc.; Jodi Brown, Salem United Methodist Church; Kristy Graf, Options, Inc.; Mary Wright, Blue Ridge Community Action; David Burleson, Burke United Christian Ministries

2018 Annual Meeting Welcomed NCSSM On October 11, 2018, the Board of Directors of the Repay Inc., Salem United Community Foundation of Burke County (CFBC) Methodist Church, held its annual event to recognize donors and the Southmountain Children 2018 grantees. The featured speaker was Kevin Baxter, and Family Services, and Director of Western Campus Planning and Project The Meeting Place One, Management, North Carolina School of Science and Inc. CFBC awarded Math, Western Campus. Mr. Baxter provided an update $138,171 in grants to these on the project and renderings of the future campus. nonprofits. He also answered questions from those in attendance. In 2018, $889,912 was Recipients of the grants from the 2018 Competitive distributed in charitable Kevin Baxter Grant Cycle were also recognized. Grant recipients grants. During the included: Blue Ridge Community Action, Burke annual meeting, donors Charitable Properties, Burke Council on Alcoholism were recognized via a video tribute displaying their and Chemical Dependency, Foothills Service Project, commitment to charitable causes and the communities Options, Inc., Prevent Blindness North Carolina, in which they live.

Total Grants Awarded From Endowed, Ltd. Endowed, Since 2000 BWF, BYOP, $9.7 Million CFBC Grant Cycle 8 2018 Scholarship Recipients Back Row (left to right) Triniti Bryant, Tripp Causby, Micah Perry, Trey Vaughn, Lance Sigmon, Hunter Martin, Garrett Halford, Maura O’Hagan Front Row (left to right) Courtney Lowman, Lindsey Cales, Emily Cannon, Emma Price, Maddi Miller, Natalie Ollis, Emily Baker

Following Her Dream with Nursing Scholarships Lindsey Cales, an eighteen year old nursing student, was made them laugh. With her selected as the 2018 recipient of the Minnie Belle Rector desire to ensure appropriate Cooper Nursing Scholarship, the Stiff Endowment and respectful care for elderly Scholarship and the Rotary Club of Valdese Scholarship. persons, Lindsey ultimately She was accepted into the Caldwell Community College chose geriatric nursing. and Technical Institute’s Nursing Degree Program in 2018 and completed her first year with a 4.0 G.P.A. In August With the opportunity to of 2019, Lindsey looks forward to her first semester of graduate in Spring 2021, with actual nursing classes and beginning her clinicals. With the an RN degree and the ability prescribed coursework and the scholarship awards, Lindsey to focus on her studies and can pursue her dream of becoming a geriatric nurse. not student loan repayment, Lindsey looks forward to Lindsey knew she wanted to become a nurse after working in Burke or Caldwell Lindsey Cales finishing her first CNA class as a senior in high school. County. She recognizes the Coincidentally, at the same time, her grandmother was importance of giving back to one’s community who has in need of consistent care by family members to ensure invested so much in her. She aspires to serve as a nurse quality end-of-life care. The impact of the nursing for Carolina’s HealthCare System Blue Ridge or Caldwell care provided to her grandmother led to Lindsey’s UNC Health Care. professional aspirations. As Lindsay reflects on the financial awards she received Additionally, Lindsey volunteered on an almost daily basis from these three endowed fund scholarships, she is at Carolina Rehabilitation Center in Icard at sixteen years thankful to each donor for the opportunity to fulfill her of age. She painted fingernails, talked with residents and dream of becoming a nurse.

432 Since 2000 $484,225 Scholarships

9 BYOP Provides Funding For Summer Camp In 2018, Burke Youth Organized Philanthropists Creek. On Day 2, the (BYOP) awarded The Foothills Conservancy of campers went to the North Carolina (FCNC) a grant to help fund Broughton Pond and “Our Big Backyard – Kids in Nature.” During this visited a local farm. weeklong camp, the staff and volunteers from FCNC On Day 3, attendees introduced 43 young campers, ages eight to twelve journeyed to Tuttle years, to the beautiful nature that surrounds us. Educational State Forest, Multiple representatives from local organizations and the Morganton Mini shared their knowledge with the attendees. Farmers Market. On Day Representatives included 4-H members, game 4, partakers proceeded wardens, forest rangers, hatchery technicians, wildlife to Perry’s Berry’s to pick biologists, veterinarians, and beekeepers. blueberries and explore FCNC is a nationally accredited regional land trust with the animals of the farm. On the last day, the that preserves the natural and cultural heritage of children remained at the Burke County Extension our region by conserving scenic and recreational office and leaned to make jam from their blueberries. landscapes, productive farms and forests, healthy watersheds, rich biodiversity and vital wildlife The BYOP grant assisted with tuition for financially habitats. The intent of FCNC’s grant was to provide eligible campers and provided funding for healthy an opportunity for children to “break away from lunches and snacks. Participants received camp screens and increase their outdoor literacy.” (FCNC T-shirts, reusable water bottles, educational focused on gender resources (i.e., field journals and STEM activities), equality and reaching transportation, sunscreen, and bug spray. Beth underserved children.) Willard-Patton, Associate Director of FCNC stated, “It was so nice to have such a close knit support Via “Our Big Backyard from our immediate community. It was amazing – Kids in Nature”, lucky campers visited to see these funds directly benefiting the kids.” educational and natural According to Sophie Shelton, Communications and destinations in and Outreach Associate, FCNC’s dream is “to provide around Burke County. this experience to every child who wants to attend On Day 1, participants the camp. Eventually we would love to have so many traveled to Lake James children that we have to do multiple weeks with State Park – Paddy’s multiple age groups.”

10 2018-2019 BYOP MEMBERS Back Row (left to right) Harrison Seagle, Sterling Hall, Charlie Gessner, Dorian Gregory Third Row( left to right) Jonathan Mercer, Nick Corn, Weston Fleming, Dean Tullis Second Row (left to right) Allie South, Gillian Abee-Freeze, Sydney Hancock, Madison Reed, Jahdiel Reyes, Caitlin Thompson, Micah Robinson Front Row (left to right) Beth LeCroy, Ella Evans, Molly Messenheimer, Raquela Francisco, Mayra Agustin, Sara Black Moses – Volunteer Director

BYOP Member Values Learning Experience Raquela Francisco became a member of the Burke knowledge with their Youth Organized Philanthropists (BYOP) in 2017. peers. Raquela said: She learned of the organization from a co-worker at “I’m grateful for the the Habitat for Humanity ReStore in Morganton, opportunity to learn where she volunteered. Raquela thought this would be more about all the an interesting way to find out about the needs of the nonprofits in my community and the importance philanthropy plays in community. This is meeting them. something I wouldn’t have been able to do Like all BYOP members, Raquela submitted an application and was interviewed by a team, led by Sara without being a member Raquela Francisco Black Moses, Volunteer Director. During the interview of BYOP.” Also, she process, Sara and her team learned that Raquela was honored to serve attended Freedom High School and was consistently as a grant evaluator for applications submitted by engaged in school activities. She was a member of local nonprofits. One of her favorite nonprofit the Color Guard Team, The Anchor Club, and The organizations, Southmountain Children and Family National Honor Society. Raquela volunteered at the Services, was awarded a grant in the 2018 cycle to Habitat for Humanity ResStore and was involved in purchase bikes and skates for foster children. the Upward Bound Program. As Raquela prepares for college in the Fall of 2019, she Raquela was selected for BYOP mentorship due to will take the knowledge from BYOP, Freedom High her demonstrated commitment to the community School, Habitat for Humanity, and Upward Bound to and wealth of experiential knowledge. Raquela make an impact on our world. In fact, all that know stated that one of her favorite experiences in BYOP Raquela Francisco are convinced that she’ll actualize was being assigned a nonprofit in Burke County her dream of opening a dental practice for under-served to research. Members were required to share their and economically challenged persons.

11 Burke Women’s Fund Giving Circle Since 2009, the Burke Women’s Fund (BWF) , operating Literacy Council, presented an update on the 2017 grant under the auspices of the Community Foundation of received from BWF. The “Running for Literacy” program Burke County, has focused on issues that impact the lives has changed the lives of women and their families, both of women and their families. As of December 31, 2018, physically and intellectually. BWF has awarded more than $272,990 to nonprofit agencies who are addressing those needs. This year’s grant recipients included the Burke County Literacy Council, Casting for Hope, First Presbyterian On April 15, 2018, the BWF held their annual Church – “Sweet and Savory Delights Bakery”, and the celebration at the Morganton Community House to Western Piedmont Council of Government. recognize 2018 grant recipients. The featured speakers were Carol Ervin and Sarah Dergins. The topic was The Burke Women’s Fund has grown its endowment ‘Addressing Burke County’s Opioid Epidemic: How fund to $123,158. In so doing, BWF has ensured the Community Makes All the Difference”. Browning long term vision of advancing the power of collective Rochefort, Executive Director of the Burke County giving among Burke County women.

2018 Steering Committee Members Back Row (left to right) Leslie Rostan, Marsha Carver, Laurie Miller, Jane Moody, Kelle Huffman Front Row (left to right) Mary Charlotte-Safford, Mary Ellen Wiese, Lisa Miller, Dr. Golnosh Sharafsaleh 12 Burke Women’s Fund 2018 Celebration Event

Burke Women’s Fund Grant Recipients (left to right) Debbie Smith - Casting For Hope Averi Ritchie - Western Piedmont Council of Governments Anne Bourg - First Presbyterian Church “Sweet and Savory Delights Bakery” Browning Rochefort - Burke County Literacy Council

Burke Women’s Fund Working Group 13 Financial Reports

Statement of Financial Position 2018 2017 Total Total Assets Current assets: Cash and equivalents 486,007 704,117 Short-term investments 2,000 2,000 Promises to give 4,327 1,460 Other receivables 1,099 2,476 Prepaid expenses 6,605 5,154 Annuity held for sale - 38,417 Land held for sale 25,500 25,500 Total current assets 525,538 779,124

Investments 19,495,110 20,781,207 Cash surrender value of life insurance 23,610 23,616 Total Assets 20,044,258 21,583,947

Liabilities and Net Assets Current liabilities: Accounts payable 5,325 12,586 Grants payable 4,000 62,750 Total current liabilities 9,325 75,336

Net assets: Unrestricted Discretionary 180,208 307,856 Board designated 369,129 249,208 Donor advised 255,189 237,514 Total without donor restrictions 804,526 794,578 With donor restrictions 19,070,407 20,584,033 With donor restrictions - perpetual endowment 160,000 130,000 Total net assets 20,034,933 21,508,611 Total liabilities and net assets 20,044,258 21,583,947

2018 Audit completed by Davidson, Holland, Whitesell & Co., PLLC. 14 Financials were extracted from the annual audit. YEAR ENDED DECEMBER 31, 2018 | COMPARATIVE 2017 TOTALS

Statement of Activities

2018 2017 Total Total Revenues and other support Contributions 1,253,530 2,749,993 Grants ‐ 8,000 Investment income 503,698 429,104 Net realized and unrealized gains on investments (2,097,788) 2,350,559 Change in cash surrender value of life insurance (6) 415 In‐kind contributions 15,269 15,269 Other 570 1,651 Total revenues and other support (324,727) 5,554,991

Expenses: Program services 1,043,202 1,114,669 Management and general 105,262 106,612 Pledge cancellations 487 ‐ Total expenses 1,148,951 1,221,281 Increase (decrease) in net assets (1,473,678) 4,333,710

Net assets at beginning of year 21,508,611 17,174,901 Net assets at end of year 20,034,933 21,508,611

Complete audited statements are available at the offices of the Foundation. 15 The Community Foundation of Burke County 828-437-7105 Telephone 123 North Sterling Street | PO Box 1156 828-437-0433 Fax Morganton, NC 28680

To learn more, visit us online www.cfburkecounty.org