Oklahoma City communityI \ funding foundation the annual report 2001 focus on facts Growth of Distributions Growth of Total Assets Community Foundation 1992-200 I Community Foundation 1992-200 I 14 500 12 400 0 10 300 j 8 j 6 200 0 4 100 2 0 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001* 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Total Distributions Fiscol yeors ending June 30 Total Contributions Retained Investment Performance *Excludes donor-advised distributions mode outside Ok/ahomo Fiscal years ending June 30 Contributions Distributions of Grants Assets by by Type of Ftmd by Interest Area type of fund (Based on FY200 I) (Based on FY200 I grants) (Based on June 30,200 I assets) 21 .29% 28.53% 37.39% 57.02% Donor Advised Funds Arts and Culture • Donor Advised Funds • Affliated Funds Education • Agency Endowment • Designated Agency Environment Scholarships and Awards Endowment Funds • Health • Field of Interest Scholarships and Awards • Social Services • Unrestricted • Temporary Funds • Religion Administrative • Other Table of Contents Letter from the President Year in Review 0 Donor Services Margaret Annis Boys 10 year report? Donor Profiles Major Donors Benefactors Permanent Funds Family Funds Special Donors Distribution Committee Funds Field of Interest Funds Scholarship & Award Funds - Agency Endowment Funds Agency Affiliated Funds Community Programs Donor-Advised Grants Governance & Administration Investment Policies & Practices 200 I Independent Auditors' Report 0 Board of Trustees Former Trustees Officers Advisory & Board Committees Affiliated Fund Trustees Index Oklahoma City Community Foundation - Oklahoma City P.O. Box I 146/73 10 1-1 146 0 1300 N. Broadway Drive community Oklahoma City, OK 73 I03 405/235-5603 405/235-5612 (fax) Foundation www.occf.org •••• 1 Letter from the President Funding the promise of tomorrow, this year's cover theme, expresses the power of endowment funds. The Okla­ homa City Community Foundation manages the community's endowment, and is the unique organization in central Oklahoma that works with donors and nonprofit organizations to realize dreams and to perpetuate important commu­ nity activities and services. Just as gifts from donors from 30 years ago are still supporting important community programs, contributions from today's donors will be part of Oklahoma City's future for years to come. Doing our job well insures there will be funding for tomorrow's opportunities. Our efforts are summarized by five basic principles. Perpetual. Endowment funds are unique in that they provide support that can continue forever. The Community Foundation is not only a good steward of the financial assets, but also of the donor's dream. In 1991, Margaret Annis Boys left her estate to fulfill a lifetime interest. Ten years later, both the fund and the dream have blossomed. Please read the story on page 8. Simple. Helping donors help the community is the mission of the Community Foundation. We take care of the complexities of the tax laws, investments, distributions, fund manage­ ment services and make it as easy as possible for donors to achieve their charitable goals. Services for donors are designed to make giving easy and fulfilling. See page 6. Flexible. If the only constant is change, future funding must be adaptable. The flexibility to meet changing community interests and needs has always been a unique feature of the Community Foundation. Through our donor-advised fund programs, donors can also retain flexibility to direct gifts to current interests. See pages 57 - 69. Effective. The focused program efforts of the Community Foundation have provided gamba Oklahoma City with some of its most innovative community based programs. With knowl­ edgeable program staff and capable fund managers, the Community Foundation can help donors add value to their gifts by both good investments and good grant decisions. Read the stories of some of these program efforts on pages 92 - I 03. Accountable.. Presenting timely, thorough and understandable reports to donors and the community is more than an obligation; it is a source of pride at the Community Foundation. We utilize new technology as well as personal customer service to make sure that donors have confidence in our stewardship. The opportunities provided by technology are seen on our Web site, www.occf.org, and our new, state-of-the-art imaging and document management system. The Community Foundation has a growing presence in the Oklahoma City area. To accommodate the increased responsibilities, we have added three new trustee positions, bringing the board total to 15. Joining the board as of July I, 200 I, are Judge Nancy L. Coats, Paul Dudman, Kirkland Hall. and John Green. All will bring a wealth of experience from throughout the community, and we look forward to benefiting from their leadership and skills. The community was saddened by the death this past year of former trustee and past treasurer Raymond Hefner. Dick Sias has also retired from the board after six years of service, including three years on both the Audit Committee and the Executive Committee. Dick's spirit of commitment to endowment funds is second only to his support for arts organizations in Oklahoma City. We have appreciated his gifts to the Community Foundation, and we will continue to seek his counsel. This year's annual report combines the breadth of our involvement in the community with the history of donors who have built both the community and this organization. We are excited about the future as we work on the programs that provide both funding and opportunities for individuals, non-profit organizations and the whole region. Sincerely, Jeanette L. Gamba President Board ofTrustees 2 Th Ci y mmu communityFou foundation Year in Review The Oklahoma City Community the direction of their charitable during the month. May is Foundation is continuing on a strate­ dollars. Planning has begun for the Scholarship Month, and gic path established by a long-range Community Foundation to provide similar promotional activities plan adopted in 1997. The plan additional donor services and prod­ were conducted. enables us to focus on serving ucts. The Community Founda­ donors, to reach out to new audiences A broadened outreach effort that tion scholarship program, in the community and to address began in earnest in 1995 continued which is the largest indepen­ specific program areas where our in fiscal 200 I with revised and dent program in the state, discretionary resources can make a reintroduced newsletters for our rolled out new scholarships significant impact on the community. donors, supporters and professional targeted specifically for At the heart of the Community financial advisors. The Web site was students who are the fi rst in Foundation's ability to help improve redesigned and reorganized to make their families to attend the community is the generosity of it easier and faster to use and to college. Thirty-seven Founda­ donors who want to make a differ­ improve access to the site for the tion of Promise scholars ence. Our goal is to help donors visually impaired. were recognized at a lun­ accomplish their dreams by provid­ Two promotional initiatives were cheon, during which observ­ ing a variety of giving options that fit conducted to create opportunities ers were struck by the their needs. During the year we for donors to contribute to agency clarity of purpose, pride and restructured Donor Advised and endowment funds and scholarship determination expressed Partners funds to create an option endowment funds. For the second informally by a majority of superior to commercially available year, October was named Agency the students. donor-advised charitable funds. This Endowment Fund Month. A special Younger students and option has begun to be noticed by event for all designated fund agencies their guardians benefited donors who have clear ideas about and two mailings were completed from a pilot program started 3 Year in Review in 200 I. The Community characters to add fun. In those personnel. The idea is to improve Foundation's Parent In­ relaxed settings, learning came easily. the survival rate of plants and trees volvement Program, oper­ Under the Community on campuses and to ensure that ated under the broader Foundation's Parks and Public Spaces landscaping efforts don't create After School Options Initiative, a new program, Clean and increased maintenance costs. Initiative, proved highly Beautiful Schools, began to make a The Community Foundation effective in encouraging measurable impact across Oklahoma received two awards of excellence parents to be involved in County. This program is open to all from a statewide organization, Keep schools in a positive way. 169 elementary schools - public Oklahoma Beautiful. Clean and Through small grants, the and independent - in the county. Beautiful Schools was recognized for Community Foundation Once minimal requirements are met, its beautification and landscaping encouraged IO elementary each school receives a comprehen­ projects by a nonprofit organization. schools to develop their sive, campus-wide landscaping and/or The Margaret Annis Boys Trust own method of attracting visual improvement plan. The Com­ (see page 98) was singled out for its parents and their children munity Foundation also provides overall contributions to beautification to a non-school-hour funding to begin implementation. The in a large urban setting. event. The programs were first schools that signed up for the Financial results for the year were as diverse as the schools program have completed significant affected by the poor performance of themselves, but a common improvements to their campuses. the equities market. For fiscal 200 I , goal - literacy - emerged. The program is continuing with new the Community Foundation's Schools used the lures of schools, which are being added to investment performance of the learning about Oklahoma the program at the rate of about 35 general pool was -5.65 percent, heritage, carnival-style per year.