AN2NU0AL0 RE9PORT Let your legacy make a difference in Chester County The Lincoln Building | 28 W. Market Street | West Chester, PA 19382 610.696.8211 | www.chescocf.org | email:
[email protected] LET YOUR LEGACY make a difference IN CHESTER COUNTY Annual Report Credits Design Firm: The Merz Group Printer: Offset Impressions Photo Credits: Scott Rowan Mailing: M R Direct Y C A G E L WHAT IS A COMMUNITY FOUNDATION? COMMUNITY SUPPORT for generations LEGACY PHILANTHROPY . 2 Established in 1994, the Community Foundation builds community assets for perpetuity. The Community Foundation is entrusted with GRANTS, SCHOLARSHIPS & AWARDS . 4 substantial amounts of money over time from the contributions of people of significant wealth and modest means. The Community FUNDS . 10 Foundation uses the income from these funds, in the form of grants, to meet the community’s charitable needs now and into the future. DONORS, SPONSORS & LEGACY SOCIETY . 21 Most of the funds at the Community Foundation are endowment funds. An endowment fund is a permanent fund that creates a INVESTMENTS . 36 sustainable flow of grant dollars forever. Through prudent investment, both the body of the endowment and the distribution available for PERSONNEL . 38 grantmaking increase over time. FINANCES . 40 The Chester County Community Foundation has three unique features: local expertise about important projects and programs that are making a significant difference in Chester County personalized service to donors who want to maximize the impact of their contribution; and community convener for issues that benefit from partnerships. With the support of those who care about Chester County, we will continue to grow and enhance the quality of life for all who live and work in Chester County.