Annual Report 2017 CONTENTS

VOICE Annual Report 2017 CONTENTS

2 Our Values 3 CEO & Chair Message 4 Board of Directors

6 HONORING THE VOICES OF OUR DONORS

14 VOICES INSPIRING ACTION

29 VOICE OF ONE, VOICE OF MANY 30 Our Statewide Voice

38 THE COLLECTIVE VOICE 43 Resources for Individuals & Families 44 Resources for Nonprofits 45 Resources for Businesses & Corporations 47 Resources for Professional Advisors 48 Resources Athletes, Teams & Organizations 50 The Power of Endowment 52 Planned Giving 53 Legacy Society

54 ARIZONA’S VOICE, PRESERVED AND MANAGED 56 Our Philanthropic Agenda 57 Community Investments 60 Grants by Strategic Priority 61 Financial Highlights 62 Financial Assets 63 Summary Financial Statement 64 Investment Management 66 New Funds 67 Existing Funds 75 ACF Supporting Organizations & Boards 76 Committees, Regional Advisors, Task Forces & Steering Committees 78 Management & Staff 80 This Is Our Community Foundation As we face the challenges taking place in the world today, Arizona has a voice that listens, learns, shares, and engages people around opportunities and solutions. The Arizona Community Foundation is that voice. We collaborate and fi nd solutions on issues and concerns expressed by the people across this great state. Our work continues as we build and grow the philanthropic resources for Arizona’s future.

OUR MISSION Lead, serve and collaborate to mobilize enduring philanthropy for a better Arizona. 2 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Exceptional Innovation Service We demonstrate and welcome We serve and amaze our clients, creativity, resourcefulness, nurturing lifelong relationships that and ingenuity. We invite and span the generations. encourage new ideas, pioneering practices, and inventive methods for achieving community good. Stewardship We safeguard donor intent in perpetuity, ensuring the resources Nimbleness entrusted to us are protected and We are ﬂ exible, responsive, open invested in positive, sustainable to creative strategies, and able outcomes for our communities. to take prompt action.

Integrity Inclusion We work to deserve the trust Our strength is found in our of those we serve by operating diﬀ erences. We believe diverse ethically and transparently, voices, engagement, and honoring our commitments, and participation are essential to showing courtesy and respect in building and sustaining all aspects of our work. thriving communities.

Collaboration We believe in the transformative power of partnerships around shared passions and objectives. We encourage and celebrate teamwork, pooling of resources, OUR open communication, and trust. VA L U E S 3

DONORS, PARTNERS, FRIENDS–

The Arizona Community Foundation celebrates the voices of many. An active voice. A supportive voice. Through our annual report this year, we invite you to see how each voice in A voice for equality. our community is represented through our donors, our board, our affi liates, A local voice. A voice of innovation. our supporting organizations, our advisory councils, our grantees, our business A collaborative voice. partners, and our community. Our voices will continue working together to A silent voice. A community voice. create a better Arizona for everyone. A singular voice. A voice of support. A voice of a leader. A voice for those who can’t speak for themselves. A voice for opportunity. Shelley Cohn, Steven G. Seleznow, A voice for the past. Board Chair President & CEO A voice for the future. A voice for action. A provocative voice. A creative voice. A voice of diff ering opinions. A soft -spoken voice. An outspoken voice. A voice of the next generation. A voice of fl exibility. A voice for justice. A positive voice. A wise voice. A voice of reason. A voice of dreamers and doers. A voice to empower.

A voice for everyone. 4 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

BOARD OF DIRECTORS

CHAIR VICE CHAIR SECRETARY TREASURER Steven G. Seleznow Shelley Cohn Stephen O. Evans Charley Freericks Rufus Glasper President & CEO, Community and Arts Volunteer Chairman, Evans Charitable Senior Vice President, Catellus President & CEO, League for Arizona Community Foundation Foundation Innovation in the Community College

Gwen Calhoun Javier Cárdenas W. David Connell Robbin M. Coulon, Esq. Mark Feldman Council Member, Director, Barrow Concussion and Sr. Vice President, Chief Fiduciary Director of Legal Services, CEO & Managing Partner, City of Sierra Vista Brain Injury Center Oﬃ cer–West Region (Retired), Area Agency on Aging, Region One MRA Associates The Northern Trust Company

Mary Martuscelli Tammy McLeod Ann Drummond Melsheimer Jacob Moore Richard Morrison West Region President, President & CEO, Community Volunteer Assistant Vice President of Tribal Canon for Ecumenical and U.S. Bank Flinn Foundation Relations, Arizona State University Community Relations, Episcopal Diocese of Arizona

PAST CHAIRS

Lisa Urias John O. Whiteman 2013-2015 2011-2013 2009-2011 President & CEO, President, Jack Davis William J. Hodges, Marilyn Harris President & CEO (Retired), CPA/PFS Urias Communications Whiteman Foundation President, Arizona Public Service Chairman, MRA Associates Manistee Investments 5

Benito Almanza Lon Babby Mark C. Bohn Tony Bolazina Ron Butler Arizona, State President, President of Basketball Operations Partner, Senior Vice President and Managing Partner, Ernst & Young, LLP Bank of America (Retired), Phoenix Suns Boyer Bohn P.C. Region President, The Northern Immediate Past Chair Trust Company

Neil H. Hiller, Esq. Heidi Jannenga Herbert M. Kaufman, Ph.D. Leezie Kim, Esq. Paul J. Luna Director, President, Professor Emeritus of Finance, General Counsel, President & CEO, Fennemore Craig WebPT W. P. Carey School of Business, ASU Fox Restaurant Concepts, LLC Helios Education Foundation

Jodi O. Padgett, CFP MS Frederick M. Pakis Barbara Poley Marian Rhodes James W. Ryan, Esq. Partner, Taylor & Padgett Managing Director, Clarendon Executive Director (Retired), The Hopi Senior Vice President, Chief Human Founding Partner, Frazer Ryan Financial Group, LLC Capital Management, LLC Foundation; Community Volunteer Resources & Diversity Oﬃ cer, Goldberg & Arnold, LLP Arizona Diamondbacks

2007-2009 2005-2007 2002-2004 1998-2001 1995-1997 1994-1995 1990-1993 1980-1989 Richard Silverman Gerald Bisgrove Robert Delgado Bennett Dorrance Richard Snell Neal Kurn, Esq. Richard H. Whitney, Esq. Bert Getz Jennings Strouss & Chairman & CEO, President & CEO, Managing Director, Chairman Emeritus, Director, Fennemore Craig Member, Gust Rosenfeld Chairman, Globe Corporation Salmon, PLC Stardust Companies Hensley Beverage Company DMB Associates Pinnacle West Chairman Emeritus 6 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

we help people put their money where their hearts are. 7 8 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

PROFILE: DONOR

Since 1994, funds established by the Rosenzweigs have distributed $1 million into the community.

Newton and Betty ROSENZWEIG

Betty Rosenzweig, who passed away last year, and her husband, Newt, who passed away in 2002, were generous Arizonans who helped shape the civic and charitable landscape of our community through their professional and philanthropic endeavors.

Their story began more than a half-century ago. A 1927 graduate of the University of Michigan, Newton Rosenzweig worked in his father’s downtown Phoenix jewelry store. Aft er serving in World War II as an army lieutenant in transportation and special services, Newt returned to booming post-war growth to expand his entrepreneurial and civic/cultural interests. He married Elizabeth J. Dabney, “Betty,” in 1956.

Together, the Rosenzweigs helped launch, served on boards, and raised funds for more than 75 local organizations, including The Phoenix Symphony, Phoenix Art Museum, Valley of the Sun United Way, Foundation for Blind Children, American Jewish Committee, Arizona State University, and St. Luke’s, St. Joseph’s, and Phoenix Memorial Hospitals.

In 2008, ACF staﬀ interviewed Betty Rosenzweig for the Arizona Community Foundation’s 30th anniversary annual report. When asked about philanthropy, Betty said that only one word came to mind: “Newt.” She was speaking of her late husband, hailed as a civic giant and named Man of the Year by too many Valley organizations to list.

Betty told us that it was Newt who worked with developer Del E. Webb to build what was known as the Rosenzweig Center, now Phoenix City Square. It was Newt who co-founded Phoenix’s Charter Government Committee in 1949. And it was Newt who, in 1978, convinced his brother Harry to join him in making a substantial joint gift to the Arizona Community Foundation. It was this act that established the ﬁ rst recorded fund at ACF, and helped solidify the Foundation’s future. Newt never stopped giving, establishing a second fund at ACF in 1980, which Betty continued to advise aft er his passing.

“When I married him, I was not used to being so philanthropic,” Betty said with emphasis. “But Newt felt Phoenix had given him a good life and his goal was not to get more, more, more. He didn’t have those urges.” Instead, she said, he wanted to give back to the community where he spent all 96 years of his life.

Although the couple loved to travel, Arizona remained their heart and home, and Newt believed they had a responsibility to contribute to its welfare and growth. Generous Arizonans “He thought Phoenix should have a fund like other places, and that’s why he helped Newton and Betty start the Foundation,” she said. “Arizona was special to him. So was the Arizona Rosenzweig helped launch, Community Foundation. And you have to look aft er the things you care about.” served on boards, and raised funds for more than 75 local organizations. 1978 ACF is established as a statewide institution by a consortium of local 1980 Bert Getz becomes board banks; Newt Rosenzweig president, a title later changed establishes his fi rst to board chair; Newt Rosenzweig establishes a second fund, the ACF fund. Betty and Newton Rosenzweig Charitable Fund. 1987 ACF’s assets double in a single year to more than $15.5 million and the 1991 total number of funds ACF is among the approaches 100. top 50 community foundations in the country. 1998 2000 ACF’s rapidly growing ACF celebrates its 20th scholarship program awards anniversary; ACF has grown to $1 million to 400 students. nearly 500 funds and supporting organizations representing nearly $197.5 million in assets. 2002 Hailed as a “civic giant” and “the last of the civic statesmen,” Newton Rosenzweig dies on 2003 February 5, 2002, at the age of ACF marks its 25th anniversary; 96. He wished to be remembered assets are at $355 million in not as a philanthropist but as a 725 funds, including $32 million in person who cared and tried to affi liate assets. help in whatever ways he could. 2006 $52 million from John and Delys Ellis culminates in a permanent endowment known as the 2011 Ellis Center for “Lead, serve and collaborate to Educational mobilize enduring philanthropy Excellence. for a better Arizona” is adopted as ACF’s mission statement; the Pakis Center for Business 2013 Philanthropy is launched. ACF celebrates 35 years since inception; people join together to support the small town of 2014 Yarnell in the wake of the The Jerry Colangelo Center for Yarnell Hill Fire and the tragic Sports Philanthropy is launched. loss of 19 fi refi ghters. 2015 In partnership with Republic Media and Morrison Institute 2016 for Public Policy, ACF launches Betty Rosenzweig, who had The New Arizona Prize, its continued to advise on the fi rst philanthropic prize Rosenzweig funds, passes away competition. at the age of 94. 2017 Shelley Cohn becomes the 14th Chair of the ACF Board of Directors; ACF assets top $830 million. PROFILE: DONOR

CHRISTY & DARYL BURTON WITH YEAR UP INTERNS

The Burtons were introduced to students who had successfully completed the ﬁ rst half of the Year Up Arizona program and were participating in paid internships with local tech companies, banks, and health care organizations. HONORING THE VOICES OF OUR DONORS 11

Year Up Arizona provides education and internships to opportunity youth through a gift from the Burton Family Foundation.

BURTON FAMILY FOUNDATION

Christy and Daryl Burton are dedicated supporters of quality education in Arizona. They are also passionate about closing the opportunity gap for young adults looking to start careers. According to the 2013 Opportunity Index of America’s 25 largest cities, Phoenix ranked at the very bottom (25th) for having the highest rate of “opportunity youth,” deﬁ ned as young people between the ages of 16 and 24 who are not enrolled in school and not employed.

Given this large population of low-income, opportunity youth, Year Up, a national nonproﬁ t organization partnered with GateWay Community College and launched Year Up Arizona to begin providing young adults from the Phoenix area with pathways to higher education and professional careers. Since its launch in 2015, Year Up Arizona has become the fastest growing site in Year Up’s national network.

The Burton Family Foundation was established in 2015 at the Arizona Community Foundation. Through the fund, the Burtons provided a generous grant to Year Up Arizona, enabling students to participate in the Year Up program without concern of personal fi nancial debt. Daryl and Christy chose to support students with a high level of fi nancial need, hoping to make a signifi cant impact on the opportunity gap.

Year Up Arizona is a rigorous 12-month program that combines hands-on technical and professional skills development, stipends, professional internships, and college credits. The model has demonstrated success in putting young people on a path to higher education and rewarding careers.

“Meeting the students that participated in the Year Up Arizona program was inspirational and a strong endorsement for the future,” said Christy Burton. “They talked about their internships with excitement and hope for their future based on the skills they had learned during their ﬁ rst six months as students in the Year Up Arizona program.”

EDUCATION AND CLOSING THE OPPORTUNITY GAP ARE PRIORITIES FOR THE BURTONS HEAR MORE VOICES AT www.azfoundation.org/ education 12 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

philanthropy for all: GIVING CIRCLES AND LATINAS RISING

Arizona Latinas Rising GIVING CIRCLES AT ACF Adriana Garcia Maximiliano and Myra Ferechil are among Members of four giving circles sponsored by the Arizona Community the state’s Latina leaders, educators, businesswomen, and Foundation make an annual gift , commit to employing their unique skills, volunteers who are the focal point of Arizona Latinas Rising. and pledge their time and insights to the grantmaking process. The program was established by the Latina Giving Circle to increase the number of Latinas participating in executive-level The Latina Giving Circle is building The Arizona Asian Pacifi c American professional and leadership opportunities and representing an endowed fund to support Women’s Giving Circle leverages the Latino community in positions of infl uence and power. education, health, immigration, resources to make a diff erence for and leadership. Since its inception underserved women. Since 2014, Adriana was accepted into the Center for American Progress in 2009, the Circle has awarded more than $16,000 has been awarded Leadership Institute and received funding for transportation $80,500 in grants. for domestic violence awareness, to nine monthly meetings in Washington, D.C., with 14 other research on access to health care, individuals from diverse backgrounds and communities. Established in 2013 with a mission and leadership training. Adriana will use what she learns about public policy participation to transform lives, the African- to aff ect change, particularly in the area of juvenile justice. American Women’s Giving and Real Engagement through Active Empowerment Circle has awarded Philanthropy provides African- Myra received funding to attend the End Violence Against grants totaling nearly $26,000 to American men with opportunities Women International Conference in Florida. Myra and a programs in culture, leadership for community philanthropic colleague learned, among other things, cutting edge law development, and STEM. investment. Established enforcement techniques to improve the experience of in 2014, REAP has victimization and reduce secondary victimization that she awarded $8,500 HEAR THESE can share with agencies statewide. in grants. VOICES AT www.azfoundation.org/ givingcircles

PROFILE: PROGRAM

Adriana Garcia Maximiliano (left ) is the Legal Partnerships and Volunteer Director at Arizona Legal Women and Youth Services. Myra Ferechil (right) is Executive Director of Victim Witness Services for Coconino County. Both received ﬁ nancial support through the Arizona Latinas Rising program. HONORING THE VOICES OF OUR DONORS 13

philanthropy for all: BLACK PHILANTHROPY INITIATIVE AND CARVER MUSEUM

Carver Museum & Cultural Center Restoration A premier cultural institution housed on the Carver High School campus in Phoenix, the George Washington Carver Museum & Cultural Center is the steward of the African American experience in Phoenix. Carver High School was established in 1926 as a segregated school for African Americans. It received an oﬃ cial Historic Preservation-Landmark designation in March.

The Carver Museum’s role in perpetuating the Carver legacy and providing a forum and showcase for multicultural endeavors PROFILE: PROGRAM in Arizona has already brought nationally acclaimed exhibits to Phoenix. With the historic Carver Museum as the setting, ACF hosted a special concert featuring the Thelonious Monk Institute of Jazz Performance Class of 2017 in February. Now in its second year, the ACF-sponsored tour of metro Phoenix schools introduces underserved and underexposed youth to jazz music through education and live performances.

Paying homage to Phoenix’s African American heritage, the Honorable Calvin C. Goode has actively devoted his time and resources to transform his alma mater—Carver High School— into a facility that houses a museum, an art gallery, a library, and a gathering place for enrichment programs like STEAM, entrepreneurship, college and career readiness, and leadership. In support of that eff ort, the Carver Museum & Cultural Center Restoration Project Fund has been established as a collaborative Top photo: BPI Members left to right fund at the Arizona Community Foundation. With the help of (front row) Robbin Coulon, Kenja Hassan, sponsors, partners, and supportive donors, the museum can Kim Covington, Carolyn Bristo Chatman, Heather Jenkins, (back row) Kerwin Brown, acquire artifacts, promote education and cultural interaction, Martelle Chapital-Smith, Michelle Gahee, and raise awareness. Dr. Angela Allen, Gail Knight, Dr. Edmond Baker, Denise Meridith, Atasha Tallie, Michael Kelly, Verne Smith. BLACK PHILANTHROPY Bottom photo: Master jazz musicians INITIATIVE from the Thelonious Monk Institute of Jazz perform at the Carver Museum & The Black Philanthropy Initiative began in 2008 under the Cultural Center. The Thelonious Monk leadership of the Arizona Community Foundation staff , Institute of Jazz Performance at the UCLA Board members, and a dedicated task force comprised Herb Alpert School of Music off ers jazz of respected African-American education tours around the world. leaders. The mission of the Event photos courtesy Larry H. Jones. BPI is to advance equity, health, education, leadership, HEAR THESE and social justice for African VOICES AT Americans in Arizona. www.azfoundation.org/ BPI 14 15

we exchange ideas and explore perspectives that can change the conversation, or change minds. 16 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

“ The collaborative, innovative plan holds great promise for the future of water in Pima County and statewide.”

STEVE SELEZNOW President & CEO, Arizona Community Foundation The New Arizona Prize: WATER INNOVATION CHALLENGE PROFILE: PROGRAM

Southwest Water $250,000 WINNING SOLUTION FROM SOUTHWEST WATER CAMPUS The New Arizona Prize was conceived by the Arizona Community Campus team members: Foundation, in partnership with Republic Media and Morrison Institute

Pima County for Public Policy, as a philanthropic initiative to create the Arizona of Regional Wastewater tomorrow. The ﬁ rst challenge under The New Arizona Prize banner was the Reclamation Department Water Consciousness Challenge. Heightened attention around water, made possible by groups like Beyond the Mirage, the ﬁ rst challenge winner, Tucson Water laid the important groundwork for what came next—the engagement of Marana Water all Arizonans in safeguarding this precious resource.

Carollo Engineers The second challenge under The New Arizona Prize, the Water Innovation CH2M Challenge, was announced in March 2016. Twenty-three teams submitted projects for the challenge and a team of 18 judges identifi ed the top University of Arizona fi v e fi n a l i s t s . aquaTECTURE The Water Innovation Challenge’s $250,000 prize was awarded to the Clean Water Services Southwest Water Campus, whose Pure Water Brew Challenge partnering with local brewers across the state to launch a discussion about potable water reuse to help change public perception about water quality. The team will also benefi t from as much as $50,000 in additional technical assistance through a partnership with the WaterNow Alliance.

“We believed there were committed communities, creative Arizonans and organizations with innovative ideas that could be brought to fruition if proper funding and support were available,” said Steve Seleznow, ACF’s President & CEO.

“Pima County’s Southwest Water Campus has demonstrated exactly what all HEAR THESE VOICES AT the partners hoped for with this challenge,” said Seleznow. “We are pleased www.azfoundation.org/ to be able to provide this catalytic funding, visibility, and technical assistance newarizonaprize to help make their vision of water sustainability a reality.” The New Arizona Prize was conceived as a philanthropic initiative to create the Arizona of tomorrow.

PURE WATER BREW CHALLENGE

The Water Innovation Prize-winning team has launched the AZ Pure Water Brew Challenge, a statewide campaign to better inform Arizonans about water issues, water reuse, and technologies currently available to purify recycled wastewater producing safe, high-quality drinking water. Brewers throughout the state will produce beer with the Pure Water processed in Southwest Water Campus’ mobile water treatment lab and compete for prizes at the National WasteReuse Symposium. 18 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

The BOOST! Prize competition helps Arizona businesses develop and execute innovative philanthropy initiatives. HEAR THESE VOICES AT www.azfoundation.org/ boostprize

Fann Contracting & Goodmans Interior Structures BOOST! PRIZE WINNERS

Applications Last fall, the Arizona Community Foundation’s Pakis Center from more than for Business Philanthropy began accepting applications for a a dozen companies $40,000 BOOST! Prize from mid-size, Arizona-based companies. were received The challenge was designed to encourage business leaders to and the selection commit more deeply to their charitable eff orts and make committee philanthropy a core part of their operations. evaluated how Two prize-winning companies were selected in the fi rst-ever the company’s BOOST! Prize competition. “The leaders of these two businesses— philanthropy Fann Contracting and Goodmans Interior Structures—not only see initiative is the value in corporate philanthropy for their communities and their aligned with its businesses,” said Fred Pakis, who co-founded Scottsdale-based core business, JDA Soft ware in 1985 and serves on the Board of Directors for the how the company Arizona Community Foundation. “They recognize how the impact applies its resources of their eff orts can be escalated with the exchange of ideas among to philanthropy, community leaders.” how company leadership is involved, and how the company FANN CONTRACTING supports philanthropy Erik Kohn is a Fann employee who was initiatives through placed with the company through Yavapai Exceptional Industries, one of its systems, incentives, seven organizations that benefi ts from and policies. FEMAD, the Fann Contracting corporate giving program. Mike Fann and Kerri Vaughn built the culture of FEMAD around employees like Erik who wanted to give back to their community. VOICES INSPIRING ACTION 19

PROFILE: PROGRAM

Fann Contracting, a Prescott-based highway and proudly follows in his parents’ footsteps in many In addition to increasing Fann Contracting’s civil construction company, was established in ways, including leadership of the company’s giving portfolio, the BOOST! Prize dollars will 1960 by James and Sylvia Fann and for over a corporate giving program dubbed FEMAD, support the community outreach program half-century the company has been fundamental for Fann Employees Making a Diff erence. Fann intends to develop. By sharing what the to Arizona’s infrastructure, handling roadway company has learned along the way, he hopes construction throughout the state, public works With employee engagement, matching gift s, to inspire other businesses to expand their projects, landfi lls, underground utilities, and and in-kind giving, Fann Contracting actively own charitable leadership commercial site development. supports charities that provide assistance in the community. to adults with disabilities, individuals with From the beginning, it has been the Fann family’s health- related issues, and programs that relate tradition to share their success by contributing to the development of children and healing to area nonprofi t organizations. President Mike for families in crisis. Fann—with his son, Jason, who is part-owner— 20 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

BOOST! PRIZE WINNERS

GOODMANS INTERIOR STRUCTURES

GoodTHREADS is a clothing bank for foster, adoptive, and kinship families in Southern Arizona. It is one of several programs established by Goodmans Interior Structures.

Goodmans Interior Structures, an offi ce furniture dealer with offi ces in Phoenix, Tucson, and mission-aligned start-ups access to the Albuquerque, serves corporations, hospitals, universities, and government agencies located in Goodmans world-class work environment, Arizona and New Mexico. Established in 1954, the company has developed a reputation for including mentorship with executives in being a family-owned business that specializes in customer-centered service, innovative offi ce human resources, marketing, technology, design, and a commitment to the community. fi nance, operations, and sales.

Goodmans is the ﬁ rst certiﬁ ed B Corporation in Arizona, a legal designation that recognizes Goodman himself is an outspoken champion commitment to the community, the environment, and employees. Under the leadership of of using capitalism as a force for good and third-generation President & CEO, Adam Goodman, the company has become a nationwide plans to use a portion of the prize money leader in products that support cultural alignment, workplace strategy, and sustainable to encourage other leaders to do more. construction practices.

Goodmans will use the BOOST! Prize dollars to enhance three of its many programs for giving back to the community. GoodTHREADS is a clothing bank in Southern Arizona that collects and distributes clothing to foster, adoptive, and kinship families.

The AIM to Make a Diff erence program will get a website portal for furniture repurposing that matches local nonprofi ts with surplus used offi ce furniture. Good Inc. is an incubator that gives VOICES INSPIRING ACTION 21

STARTUPAZ HEAR THESE FOUNDATION VOICES AT www.startupaz.org Every community in the country is attempting to create an attractive environment that inspires entrepreneurs to start a new venture in their region. StartupAZ Foundation, a collaborative fund at the Arizona Community Foundation, is empowering the next generation of Arizona entrepreneurs by creating a statewide ecosystem to support high- growth companies. Formed in late 2015, StartupAZ became a collaborative eﬀ ort among local entrepreneurs, nonproﬁ t incubators, investors, and business leaders who are working together to build the strong ecosystem required to support these early stage businesses that have chosen to build their companies in Arizona.

Aft er researching the current ecosystem in the state, StartupAZ launched the Founders Collective in the spring of 2017. Learning from other models in Denver and Los Angeles, the Founders Collective is a signature initiative focusing on increasing the success rate and FOUNDERS growth of the region’s highest potential startup companies. Each year, StartupAZ hosts a select group of founding CEOs who make a one-year commitment that begins with the COLLECTIVE Founders Collective Summer Retreat and is followed by monthly peer-to-peer check-ins. The highly successful ﬁ rst retreat, held in Flagstaﬀ in 2016, was designed to help the early ENGAGES stage leaders lean on and learn from each other while gaining inspiration from seasoned, been-there-done-that Founders. BRIGHT MINDS In addition to 16 companies that have joined the Pledge 1% movement, ACF has provided two grants totaling $150,000 to support StartupAZ and continues to collaborate on TO SUPPORT growing philanthropy in Arizona’s entrepreneurial ecosystem. “StartupAZ has the potential to impact the success of the entrepreneurial growth within Arizona,” said Mario Martinez II, FUTURE StartupAZ Co-founder and Chairman. “The lessons we have learned about the value of convening really bright innovators can serve as a model for the rest of the country.” ENTREPRENEURS.

PROFILE: FUND

During the summer of 2016, ten founding CEOs attended the Founders Collective Summer Retreat in Flagstaﬀ to learn from each other while gaining inspiration from seasoned Founders. Photo courtesy StartupAZ 22 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

“ The American Dream is evaporating PROFILE: PROGRAM for over 25 million children born in the last generation. It’s economically A CENTRAL TENET OF THE AMERICAN DREAM: ALL KIDS SHOULD HAVE EQUALITY OF OPPORTUNITY wasteful, destabilizing to our democracy, and morally unjust.”

Closing the Opportunity Gap, a 2016 report by the Saguaro Seminar: Civic Engagement in America, Harvard Kennedy School

Conversations with Dr. Robert D. Putnam THE AMERICAN DREAM IN CRISIS

In March 2015, Dr. Robert D. Putnam published Our Kids: The American At right: Dr. Robert D. Dream in Crisis, the culmination of a ﬁ ve-year study of the growing inequality Putnam presented on the opportunity gap and signed gaps in America and why fewer Americans today have the opportunity for copies of his book at the upward mobility. Girl Scouts—Arizona Cactus-Pine Council Parsons Leadership Center; right It’s the American dream: get a good education, work hard, buy a house, center image: Dr. Putnam and achieve prosperity and success. This is the America we believe in— (center) is pictured with a nation of opportunity, constrained only by ability and eﬀ ort. But during the Steve Seleznow, ACF; Tamara Woodbury and last 25 years, a disturbing “opportunity gap” has emerged. Margaret Serrano-Foster, Girl Scouts—Arizona Cactus- In January, the Arizona Community Foundation partnered with the Center for Pine Council; and Lattie the Future of Arizona and the Girl Scouts—Arizona Cactus-Pine Council to Coor, Center for the Future of Arizona. present a series of events featuring Dr. Putnam. This respected thought leader provided insight into his groundbreaking examination of the growing opportunity gap among America’s youth. During conversations with three groups that included hundreds of local decision makers, community leaders, and education specialists, he indicated that education and civic leadership are two key elements of addressing the opportunity gap in local communities.

Dr. Putnam oﬀ ers a personal but authoritative look at this crisis using empirical evidence and compelling narratives to illustrate the growing class divide in American society. In addition, he provides guidance for identifying possible HEAR THESE solutions to the opportunity gap’s root causes. Closing the Opportunity Gap, VOICES AT the 2016 report by the Saguaro Seminar: Civic Engagement in America at www.theopportunitygap.com and the Harvard Kennedy School, is described by Putnam as a playbook for www.equality-of-opportunity.org local leaders. ACF PARTNERED WITH the Center for the Future of Arizona and the Girl Scouts— Arizona Cactus-Pine Council to present a series of events featuring Dr. Robert D. Putnam. 24 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

A relationship with the Arizona Community Foundation dating back to WITH A LONG 2012 has allowed the Phoenix Industrial Development Authority to expand its impact and award grants directly to nonprofi t organizations. Among the HISTORY OF programs originating from the relationship are two that were launched earlier ESTABLISHING this year. Lend a Hand off ers a path to fi nancial success PUBLIC AND PRIVATE The Lend a Hand loan program was developed to rescue Maricopa County residents struggling to pay off high cost title loans and help put them on a path to healthy credit and fi nancial success. Two other community-focused PARTNERSHIPS organizations joined ACF and the Phoenix IDA: Take Charge America and THROUGH THE STATE, MariSol Federal Credit Union. Take Charge America provides credit counseling and helps applicants THE PHOENIX IDA develop a budget, eliminate debt, and manage their fi nances, MariSol Federal Credit Union then off ers qualifi ed applicants an alternative loan with INVESTS IN favorable terms covering title loan debt up to $2,000. Borrowers establish their own savings accounts with MariSol to build emergency savings and MEANINGFUL plan for a secure fi nancial future. CHANGE FOR $500,000 committed to innovative STEM program The innovative codePHX program gives youth a gateway to computer coding and STEM skills at city libraries, community centers, and a mobile coding PHOENIX RESIDENTS, lab. Provided by Phoenix Public Library and the city’s Parks and Recreation Department, the various codePHX workshops off er fun activities, learning SMALL BUSINESSES, opportunities, and exposure to computer sciences in an informal, creative, AND COMMUNITIES. and social environment. Based on results from similar city-wide programs, as well as a 2016 pilot of the component workshops of codePHX, the City of Phoenix funded the program for the 2017 summer schedule. The Arizona Community Foundation and the Phoenix IDA have committed equally to a $500,000 grant for further development of codePHX.

HEAR MORE VOICES AT www.takechargeamerica.org/lendahand and www.facebook.com/phoenixparks

PROFILE: PROGRAM

THE PHOENIX IDA 1 ACCEPTS FUNDING 2 3 Educational initiatives Programs that facilitate Economic and community REQUESTS IN and collaborations jobs in health care and development programs THREE PRIORITY in schools. increase access to for aﬀ ordable housing, AREAS: health care. economic success for the working-poor, and workforce development projects. VOICES INSPIRING ACTION 25

WITH A GRANT FROM THE ARIZONA COMMUNITY FOUNDATION, KJZZ CREATES THE Science and INnovation desk

Traditional media saw drastic changes in the past decade, accompanied by a reduction in reporting on important topics, including science, technology, and health. Staﬀ members at KJZZ-FM, the public radio station broadcasting to the Phoenix metro area, saw this as an opportunity and decided to create a vehicle for comprehensive reporting across multiple platforms to inform listeners regarding the fast-paced changes taking place in these innovative ﬁ elds.

With support from the Arizona Community Foundation, KJZZ established the Science and Innovation Top photo: (back row) Melissa Desk, enabling research, production, and broadcast of more than 300 Arizona stories during 2015 Sevigny, Sara Hammond, Maya and 2016. The initial $200,000 grant from ACF was essential to getting the Science and Technology Springhawk-Robnett, Kerry Fehr- Desk launched. Moreover, it helped leverage a $350,000 match in funding from the Corporation for Snyder, (front row) Sky Schandt, Nicholas Gerbis, Amber Favela. Public Broadcasting and additional funding from Vitalyst Health Foundation, Arizona State University’s Offi ce of Knowledge Enterprise Development, and the station’s members and supporters. Bottom photo: Nicholas Gerbis, Senior Correspondent at the Arizona Science Desk, a partnership between “KJZZ’s specialized News Desks provide an eff ective way for us to organize our approach to the stories we public radio stations in Phoenix, produce in specifi c subject areas. We can focus more intently to report in-depth stories listeners care about,” Tucson, Flagstaff , and Yuma. said Mark Moran, Associate General Manager for News and Editorial Strategy. “This format enables us to fi nd experienced, talented reporters who are interested in the topics they research and report on.”

The Science and Innovation Desk has been successful in creating content sharing across national public broadcasting stations. The stories have been distributed utilizing many platforms including Facebook, Twitter, and the Science and Innovation Desk’s own web page.

Arizonans can ﬁ nd updated and interesting stories about numerous innovations taking place across the state. Through a member evaluation conducted by KJZZ, 89 percent of listeners said they learn something new from the topics covered by the Science and Technology Desk, 89 percent HEAR THESE considered the information presented to be valuable, and 88 percent VOICES AT science.kjzz.org

Photos courtesy KJZZ indicated that the stories sparked curiosity.

PROFILE: PROGRAM 26 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

COMMUNITY COLLABORATORS:

ARIZONA DEPARTMENT OF HEALTH SERVICES

AUNT RITA’S FOUNDATION

BLACK CHAMBER OF ARIZONA

CITY OF PHOENIX

EBONY HOUSE

MOUNTAIN PARK HEALTH CENTERS

NATIVE HEALTH

OFFICE OF CONGRESSMAN RUBEN GALLEGO

SOUTHWEST CENTER FOR HIV/AIDS

TERROS HEALTH

VITALYST HEALTH FOUNDATION

KENJA HASSAN

Black Philanthropy Initiative Member and ASU Director of Cultural Relations Kenja Hassan shares sobering HIV data at the Because We Care Forum at the Herberger Theater Center.

PHOTO: LARRY H. JONES VOICES INSPIRING ACTION 27

HIV Community Awareness

Because We Care Community Forum Campaign and Because ACF’s Black Philanthropy Initiative, ACF’s Center for LGBTQ Philanthropy, We Care Forum address and 11 community partners collaborated HIV epidemic in Arizona’s to create an opportunity to address a quiet epidemic. African American community.

BECAUSE WE CARE

The Arizona Community Foundation works in collaboration with other community organizations to address vital community issues. Launched by ACF’s Black Philanthropy Initiative and ACF’s Center for LGBTQ Philanthropy and joined by 11 other community collaborators, the HIV Community Awareness Campaign began in 2016 in order to increase awareness and reduce the stigma of HIV among African Americans in Arizona. While many believe HIV has been cured, the fact remains that 67 percent of all children with HIV are black, black women are 20 times more likely to be infected than white women, and black men are six times more likely to contract the disease than white men.

On March 1, 2017, ACF and this collaborative group hosted over 500 people at the Herberger Theater Center in Phoenix for the Because We Care Community Forum and Resource Fair. The Forum was designed to educate and address HIV in the black community. International HIV activists Hydeia Broadbent and Marvelyn Brown joined R&B artists Ledisi, Leela James, and AverySunshine to share their personal stories and passion for mobilizing care for those aﬀ ected by HIV.

Because We Care aims to stop the spread of HIV and reduce the stigma of the disease among African Americans in Arizona by increasing awareness, education, and testing. As part of this eff ort, a new informational website www.BlackHIVAZ.org was launched and a new ACF fund was created to support the nonprofi t organizations that fi ll gaps in care and provide education in the African American community.

“This is yet more evidence that there is transformative power in partnerships,” said Kim Covington, Senior Director of Community Initiatives at ACF. “When we work together the message is far- reaching. Thanks to this courageous collaboration, resources and plans to improve HIV prevention and testing in the local African American community have increased.”

HEAR THESE VOICES AT PROFILE: PROGRAM www.azfoundation.org/ becausewecare 28 ©Fresh Start Women’s Foundation Women’s Start ©Fresh

Fresh Start leverages community partnerships to oﬀ er a strong computer literacy program enabling women to transform themselves into viable PROFILE: FUND candidates in today’s job market.

Fresh Start Women’s Foundation is a privately funded A $50,000 nonprofi t organization that serves over 4,500 women per year. Many of these women are navigating diffi cult life GRANT HELPED transitions. Some are recently divorced or separated; others are unemployed or simply looking for a new start. They come Fresh Start to Fresh Start to acquire the tools and skills that will enable them to rebuild their lives, all while taking care of themselves WOMEN’S and their children. In order to serve this community eff ectively, it is imperative that Fresh Start responds quickly to the changing FOUNDATION needs of their clients.

Last year, the organization observed an increase in the number COMPUTER LITERACY of mature women who needed to reenter the job market to ensure their long-term fi nancial safety. The Fresh Start Social PROGRAM FOR Work team, Family Law Support, and educational classes were an integral part of this process, but these women also needed WOMEN. tremendous help with computer literacy skills. A $50,000 grant from the Arizona First Advised Fund at ACF helped Fresh Start launch a program aimed at strengthening computer literacy among women in the local community. This gift became the catalyst for other grants, additional fi nancial support, and THIS GIFT BECAME community partnerships. ACF’s connection with Experience Matters helped Fresh Start secure a partnership with the THE CATALYST FOR Encore Fellows, who were instrumental in designing the new OTHER COMMUNITY computer curriculum. Today, thanks to Fresh Start’s relationship with the Arizona PARTNERSHIPS. Community Foundation and additional collaborators, the organization’s computer skills training has been improved to better serve Fresh Start clients and expanded to include women referred by other agencies. Fresh Start leverages these partnerships to off er a strong computer literacy program, HEAR THESE VOICES AT available to all women, so that they can transform themselves www.freshstartwomen.org into viable candidates in today’s job market. 29

we engage the experts and ask questions. we hear the quiet voices and amplify their stories. we gather the facts and listen for unique needs. VOICE OF ONE, VOICE OF MANY 30 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Our statewide voice: catalyzing the generosity of donors and partners to focus on local needs and opportunities.

Cochise Education Initiative Collaboration

Aft er reviewing literacy scores for third grade and habits of teaching at home, and become students throughout the region, the Cochise Education more involved with their children’s school lives. Initiative committee reached out to administrators at To meet these needs, Melissa Silva, Student Naco Elementary School, the region’s lowest scoring Services Coordinator for University of Arizona district. Discussions focused on the school district’s South–Douglas, developed The Connections Project, a custom curriculum of interest in a multi-year project, an assessment of needs, six parenting and homework skills workshops to get parent and family buy-in and ideas for bringing student scores up and keeping and build long-term relationships. Following the program’s ﬁ rst year, data them up over time. show that students are advancing their literacy skills multiple grade levels and parents and teachers are interacting more than ever before. The school’s administrators had previewed soft ware approved by the Arizona Department of Education, Fast ForWord with Reading Assistant. The reading intervention program created from studies by MIT, Rutgers, Stanford, and Harvard uses principles of neuroplasticity—the ability of the brain to rewire and improve—to treat the underlying cause of language and reading diﬃ culties. Studies have shown that the program can deliver up to two years of reading and language skills development in a three-month period.

In concert with the Fast ForWord program, the committee and school leadership agreed that a holistic approach was necessary for the region along the US-Mexico border known as the Frontera, with its unique blend of cultural characteristics. School leaders hoped to help parents advance their own language and reading skills, learn how to assist with homework, develop skills Melissa Silva was responsible for developing The Connections Project to help build family support for elementary students.

HEAR THESE VOICES AT www.azfoundation.org/ Cochise

OUR STATEWIDE VOICE: COCHISE Woodwind ensemble Ocotillo Winds was one of several musical groups sharing their talent and expertise with local students during the Gila Valley Arts Council residency program.

Gila Valley Arts Council

Gila Valley Arts Council has brought the performing arts to Graham and Greenlee Counties for more than 30 years. Their priority is education. Through their school residency program, the Council is able to capture the interest and celebrate the talents of students in every form of performance: instrumental, vocal music, dance, HEAR THESE and stage. They make a diﬀ erence in the lives of students on various levels, raising VOICES AT appreciation of the performing arts through performances for students, improving www.azfoundation.org/ skills by oﬀ ering workshops to students who have chosen the arts as electives, and GilaValley coaching young performers through master classes to improve their craft .

“The Saff ord Middle School students thoroughly enjoyed the Everything Fitz workshop,” said Chip Cheney, Strings Instructor for Saff ord Middle School. “As their teacher, I was very impressed with the educational components of the workshop. My students learned Through its 2016-2017 about the main pillars of fi ddling and folk music—the reel, jig, and waltz. The musicians residency program, the Gila answered all my students’ questions in a very engaging way.” Valley Arts Council reached: During 2016-2017, the Gila Valley Arts Council reached 3,517 students from 19 schools through its residency program that featured Angela Cheng and Alvin Chow, duo pianists; Ocotillo Winds, a woodwind ensemble; James Tormé, singer; and Everything 3,517 19 Fitz, musicians and dancers. The Council is the only agency in the Gila Valley off ering performing arts opportunities to all schools in both counties. The Arizona Community STUDENTS SCHOOLS Foundation of the Gila Valley has supported their work through grant funding and its endowment program.

OUR STATEWIDE VOICE: THE Gila Valley 32 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

OUR STATEWIDE VOICE: FLAGSTAFF

The agencies are thrilled with the increase in gifts:

“ Aft er joining the Flagstaff Flagstaff Tax Coalition Tax Credit Coalition, our organization has Formed in 2014, the Flagstaff Tax Credit Coalition publicizes the annual tax credit, ultimately experienced a dramatic benefi tting donors and Qualifying Charitable Organizations. The organizations must be increase in tax credit approved by the Arizona Department of Revenue and have a mission of providing direct donations. Our total tax services to individuals and families in the greater Flagstaff area. The Coalition works closely credit contributions have “ with tax advisors to help local taxpayers navigate the available credits in the state of Arizona. increased nearly 800%!

The Arizona Community Foundation of Flagstaff has been at the table since inception, serving CHERYL BLUME as the convener of Qualifying Charitable Organizations. They also act as the fi scal agent Development Director, Housing Solutions of Northern Arizona managing marketing dollars contributed by each organization. In the fi rst year, participating organizations saw $258,530 in donations. The numbers have steadily grown, and in the 2016 tax year, the nonprofi ts brought in over $898,000 to their agencies. The incredible rise in donations is due, in part, to the new ability for donors to view all eligible organizations and split their tax credit dollars between them. This was made possible through a donation portal The impact in managed by the Arizona Community Foundation of Flagstaff . the community Organizations share the expense of marketing, maximizing resources to reach the target audience of taxpayers and ultimately assisting more working poor families in Flagstaff . is incredible:

Participating agencies in the 2016 tax year included: Big Brothers Big Sisters of Flagstaff , The generous Boys and Girls Club of Flagstaff , Coconino County Community Services, Flagstaff Family “ Charitable Tax Credit Food Center, Flagstaff Shelter Services, Goodwill Industries of Northern contributions received Arizona, Habitat for Humanity of Northern Arizona, Housing Solutions are being used for of Northern Arizona, North Country Healthcare, Northland Family Help critical services we Center, Poore Medical Free Clinic, Sunshine Rescue Mission, The Literacy HEAR THESE provide annually: Center, and St. Mary’s Food Bank. VOICES AT www.azfoundation.org/ 17,439 meals to senior Flagstaff and disabled adults in our Flagstaff and Amount of donations to the Williams centers coupled qualifying organizations: with over 12,000 meals to immobile seniors and individuals with 2013 2014 2015 2016 disabilities. The

contributions help

14 AGENCIES 17 AGENCIES 14 AGENCIES 15 AGENCIES our neighbors maintain $258,530 $496,018 $527,558 $898,347 their nutrition“ and dignity.

JANET K. REGNER Director, Coconino County Community Services

Flagstaﬀ Tax Credit participating organizations share the expense of marketing, maximizing resources to reach the target audience and ultimately assisting more working poor families. VOICE OF ONE, VOICE OF MANY 33

OUR STATEWIDE VOICE: SEDONA Larry Kane Photography

The Cast: (back row) Clay Frankel, Maria Martin, Sadiqah-Ivy Miller, (front row) Cathy Ransom, Riley Whittaker, Lisa Schatz Glinsky, Mitchell McDermott.

In partnership with Northern Arizona Healthcare Foundation Healthy Challenge and Delta Dental of Arizona Foundation, ACF of Sedona awarded a $75,000 Healthy Challenge grant to The Mouth Project, a touring Grant funds bilingual play developed by Sedona’s Red Earth Theatre focusing on oral health dental health musical and its systemic impact. The Mouth Project was originally developed as a touring play that The Mouth Project opened in Sedona, with additional shows in Winslow and Flagstaﬀ . The play was written by Dev Ross. Shondra Jepperson wrote four original songs: ‘Mouth Channel Theme Song,’ ‘The Hygiene Hoedown,’ ‘You Shoulda’ Been Brushing,’ and Mexican folk song ‘De Colorus.’

The entire creative team is based in Sedona, including theatre professionals Jepperson and Ross, and a bilingual cast of actors, singers, and musicians ranging from school-age to their mid-sixties. The multi-talented cast includes Clay Frankel, Sadiqah-Ivy Miller, Maria Martin, Mitchell McDermott, Cathy Ransom, Lisa Schatz Glinsky, and Riley Whittaker with musician/ singer Sierra Bliss on guitar, ﬂ ute, and saxophone.

On July 20th, The Mouth Project Movie (ﬁ lmed and directed by Angelo HEAR THESE LaMarco) opened at the Mary Fisher Theatre. Part documentary, part VOICES AT performance, the ﬁ lm premiere was a behind-the-scenes trip through the www.azfoundation.org/ creative process, the play’s tour, and ultimately the show itself. The Mouth Sedona Project Movie is available for download now at www.redearththeatre.org. 34 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

OUR STATEWIDE VOICE: YUMA

The annual Cash for College event provides students ﬁ rsthand information on scholarships while creating an opportunity to interact face to face with scholarship providers.

Quality education for all of Yuma County

Over 400 students attended ACF of Yuma’s tuition costs are rising and making it diffi cult Gowan Science Academy, an elementary school Cash for College Scholarship event. This annual for many.” in Yuma’s Crane School District, was awarded event provides students with fi rsthand information funds from ACF of Yuma to further develop their on local and statewide scholarships while giving Besides providing access to fi nancial opportunities STEM Initiatives. Not long aft er, Gowan was them the opportunity to interact face to face with for students, ACF of Yuma also invests in selected as an APS STEM School for the Future. scholarship providers. ACF of Yuma strongly programs that enhance quality education in believes in ensuring students have access to the Yuma County community and give voice to “STEM education is so important because it’s a fi nancial opportunities so that they can complete local talent. way of teaching that requires our students to the next steps in their education. develop critical thinking skills through inquiry and During the 2016 annual competitive grants problem solving,” said Jaime Haines, Principal of “Scholarships provide an opportunity for process, ACF of Yuma was the top funder for Gowan Science Academy. “Students look at young, aspiring individuals to be exposed to new the Gadsden Math Project. The Project provides problems in our world and help develop solutions ideas, new people, and new ways of doing things, fi nancial support for junior high students from to those problems.” with the hope that those individuals will take what Gadsden School District #32 to attend college- they’ve learned and improve their local community level math courses. That same year, one of the and the world around them,” said Miguel Salcedo, junior high schools in the district was named HEAR THESE ACF of Yuma Regional Philanthropic Coordinator. one of the top 10 in the world by Johns Hopkins VOICES AT “We are grateful for our generous donors who University’s Center for Talented Youth for their www.azfoundation.org/ continue to encourage students at a time when achievements in math and science. Yuma VOICE OF ONE, VOICE OF MANY 35

OUR STATEWIDE VOICE: YAVA PA I C OUNTY Christopher Marchetti Christopher Perry and Sandy Massie give back to Yavapai County

Perry and Sandy Massie are big believers in investing in children, education, and the Yavapai County community. Twelve years ago, Perry and Sandy were growing tired of the fast-paced lifestyle in southern California and were searching for a more grounded environment to raise their daughter, Georgia. Around that time, Perry discovered that Prescott oﬀ ered the ideal rural setting for that purpose.

Perry’s father George was a gold prospector and entrepreneur before the term was popularized. He started the Gold Prospectors Association of America and the Lost Dutchman’s Mining Association oﬀ ering gold mining trips to its 40,000 members. These businesses led him to join forces with his two sons, Perry and Tom, who together created a lifestyle television channel celebrating outdoor pursuits which later blossomed into the Outdoor Channel. Upon his mother’s death in 1993, the channel was sold and Perry and Sandy started their family foundation so that the funds could be used to do good things for the community. That philanthropic mindset followed the Massies to Prescott.

“When Perry ﬁ rst moved to Prescott he joined some boards to keep his mind busy,” said Sandy. “He was used to constantly thinking about business, and he used his experience to help the community and the organizations he served, but it also helped keep his mind active.” Perry and Sandy have tied their passions together by funding a scholarship for a Little Brother or Sister who wants to attend Yavapai College. “My dad taught me that if I didn’t owe anybody anything, I’d never be broke,” said Perry. “That’s why I strongly believe in providing scholarships instead of student loans. Every child that wants to go to college should be given that opportunity.”

Perry and Sandy have fallen in love with Prescott’s weather, people, and the community. They believe in leaving a legacy and envision Georgia running their family foundation in the future. “Teaching children about philanthropy is yet another way to leave a legacy,” said Perry. “But people should also remember their community in their estate plans, and the Arizona Community Foundation of Yavapai County oﬀ ers a wonderful way to leave a legacy.” Yavapai County philanthropists HEAR THESE Perry and Sandy Massie in Yavapai VOICES AT County’s Courthouse Plaza. www.azfoundation.org/ Yavapai 36 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Collaborative fund supports organizations that are led by Native Americans with long-term experience in the region.

Colorado PROFILE: FUND Plateau Foundation $280,000 AWARDED$280,000 IN COLORADO PLATEAU PROVINCE LAST YEAR Tribal communities Home to 10 National Parks and 18 National Monuments, the area known served by the fund as the Colorado Plateau Province covers 130,000 square miles of the Four include: Corners region of the southwestern United States. One-third of the Colorado Acoma Plateau lies within sovereign control of several tribes and interests of tribal communities on the Plateau extend far beyond the politically designated Havasupai boundaries of reservations. Hopi Pressure from energy development and unchecked growth threatens the Hualapai Colorado Plateau environment and the traditional ways of tribal communities. Kaibab Paiute Native-run grassroots initiatives are emerging as partners in dealing with these threats and the Colorado Plateau Foundation was established to help these Navajo community-based organizations respond to urgent and evolving needs.

Ute Mountain Ute Hopi Tutskwa Permaculture Institute White Mountain The Colorado Plateau Foundation awarded $280,000 last year and the Hopi Apache Tutskwa Permaculture Institute was among the organizations that received grant Zuni funding. The Institute’s programs emphasize permaculture design, orchard restoration, rainwater harvesting, natural building, and youth sustainability.

Other grant recipients included the Advancing Communities Foundation that received funding for capacity building training for Hopi aquifer restoration. The Black Mesa Trust is using their grant for discussion about corporate inﬂ uence on the Hopi reservation. The Ramah Navajo School Board received support for the Ramah Navajo Family Gardens Training Initiative. Tolani Lake Enterprises received funding for capacity building for a 12,000-acre farm in Manyfarms and the purchase of farm equipment and new technology. Native Movement received a grant for the Black Mesa Water Coalition Organizing HEAR MORE VOICES AT Fellowship program. Mesa Media, Utah Diné Bikeyah, Pueblo of Acoma, www.azfoundation.org/ and the White Mountain Apache Tribe Environmental Protection Oﬃ ce coplateau received grants related to professional growth. COLORADO PLATEAU FOUNDATION realizes its commitment to indigenous cultures and sacred environments by building organizational capacity and supporting high-impact projects.

HOPI YOUTH SUMMER PERMACULTURE PROGRAM

The eight-week program supports development of leadership skills to strengthen local food systems and to implement sustainable projects within the Hopi community. Designed to provide youth with skills and knowledge they can share with others, the program focuses on Hopi traditional ecological knowledge, permaculture principles, nutrition, and natural building.

P H O T O : C O U R T E S Y H O P I T U T S K W A P E R M A C U L T U R E I N S T I T U T E 38 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

we give voice to the issues, empowering communities to identify local needs and seek solutions. 39 40 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Arizona Foundation for Women is a supporting organization of the Arizona Community Foundation that aims to create a better life for ARIZONA Arizona’s women and children. Their mission is to FOUNDATION mobilize the community’s power and resources to meet the unmet needs of Arizona’s women and their children, FOR WOMEN and empower long-term solutions by focusing on safety, health, and economic empowerment. They use a holistic strategy of research, innovative programs and The Report on the Status of awareness, and leverage the competitive advantages Women in Arizona provides a of expertise, responsiveness, relationships, and platform upon which both women collaborative spirit. and men can pursue public discussions and policy making Founded in 1995, the Arizona Foundation for Women that will improve the lives of all. has provided millions in funding to Arizona’s community with the help of foundations, businesses, and individuals. They serve as the leading voice for women in our state and as a key resource for nonprofi t, business, and governmental leaders. Experts in collaboration, they invite all to participate in their work and helped form TRUST, Training & Resources United to Stop Traffi cking, leading the conversation in Arizona to eradicate and penalize domestic minor sex traffi cking. They are also supporters of the National Human Traffi cking Resource Center, a national, toll-free hotline that accepts calls from anywhere in the country, 24 hours a day, 7 days a week, every day of the year, and in more than 200 languages.

Recently, the Arizona Foundation for Women released the 2016 update for the Report on the Status of Women in Arizona, providing a platform upon which both Arizona women and men can pursue public discussions and policy-making that will improve the lives of all. The report, originally published in 2007 with updates in 2010 and 2014, is intended to serve as a non-partisan resource by providing reputable data for public policy and legislative decision-makers.

PROFILE: FUND

HEAR THEIR VOICES AT www.azfw.org THE COLLECTIVE VOICE 41

SEED FUNDED THROUGH A GIFT FROM THE HERBERGER FOUNDATION, Watershed Films IS PRODUCING THEIR FLAGSHIP PROJECT.

PROFILE: FUND Watershed Films is funded through an ACF Fiscal Sponsorship, formed in 2016 to make fi lms that celebrate the art and culture of the Southwest and distribute them to a global audience. Seed funded through a gift from the Herberger Foundation, Watershed Films is producing their fl agship project, a documentary about the fi rst Arizona-born opera, Riders of the Purple Sage, produced by Arizona Opera and inspired by Zane Grey’s 1912 best-selling novel.

The documentary ﬁ lm explores Arizona’s artistic inﬂ uence on author Zane Grey, composer Craig Bohmler, and painter Ed Mell. It is a journey from the untamed places that inspired Grey over a century ago to the creative process behind mounting a modern American opera.

The fi lm provides front row seats to the world premiere as Riders of the Purple Sage Painter Ed Mell created stylized vistas for becomes Arizona’s fi rst cultural contribution to the 500-year-old European art form Arizona Opera’s World of opera. Premiere of Riders of the Purple Sage. The documentary, Riders of the Purple Sage: The Making of a Western Opera, is directed by Emmy-winning fi lmmaker Kristin Atwell Ford and is scheduled for PHOTO: ROBERT PFLUMM, ©WATERSHED FILMS release in 2019. 42 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Becoming a philanthropist is easy when you have the right partner.

With a fund at the Arizona Community Foundation, you gain access to custom services, professional staff, and other resources designed to help you achieve your charitable goals and positively impact your community. THE COLLECTIVE VOICE 43

professional research, advice, asset management education, and planning

grants administration

opportunities for estate engagement planning RESOURCES FOR INDIVIDUALS & FAMILIES

We make it a priority to understand your unique charitable goals and document Professional Asset Management Four investment pools provide options to suit them in your goals, risk tolerance, and time horizon. perpetuity. While most assets are held in the Long Term Pool, the Intermediate Pool is appropriate for funds Based on with liquidity constraints or prohibitions against those defi ned certain asset holdings, while the Socially Responsible Pool seeks capital appreciation Opportunities for Engagement charitable goals, within a socially screened portfolio. A money A variety of educational seminars, special events, market fund is available for short-term and and regular communications keep our donors a dedicated non-permanent funds. connected and engaged. Email alerts, mailed Relationship invitations, and an online calendar remind you of Research, Advice, Education, upcoming events and make registration simple. Manager and Planning works with Our professional staff can help you create a Estate Planning charitable mission statement to guide your grant Estate planning can be overwhelming. When it you and your recommendations, accompany you on visits to comes time to plan for the future of your fund, we family to nonprofi ts of interest, research organizations, work with you and your professional advising team and vet funding proposals on your behalf. to create a plan that meets your fi nancial, tax, and identify high- charitable objectives. impact giving Grants Administration For every grant you recommend, we ensure opportunities. the receiving organizations are viable, qualifi ed nonprofi ts in good fi nancial standing, and then MORE ONLINE: issue grant checks along with a custom letter recognizing your fund as the source of the grant. www.acfplannedgiving.org 44 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

The Arizona Grant Funding payments or reinvested in the fund for growth. ACF awards grants throughout the year to The organization retains access to the full fund Community nonprofi t organizations, schools, faith-based balance with a vote by its board. Foundation supports organizations, and Tribal entities—either through a competitive application process, or from a donor Arizona Endowment Building Institute and collaborates recommendation. Donor advised funds and ACF AEBI equips Arizona nonprofi ts for sustained with thousands supporting organizations provide the majority cultivation of planned gift s from long-term of ACF’s annual grant funding. Competitively constituents. The Institute provides advanced of nonprofi t awarded grants come from discretionary and learning for nonprofi ts committed to building fi eld of interest funds and are aligned with either an organizational endowment. Beginning and organizations donor interests or ACF’s Philanthropic Agenda. intermediate tracks off er an introduction to working to meet endowment building and assistance in preparing Training and Resources for application to AEBI. community needs Educational and networking opportunities are and enhance our available to nonprofi ts across the state, including Graduates of AEBI forums with nationally recognized guest speakers, All Saints Episcopal Church & Day School; Area shared quality of life. workshops on preparing grant applications, Agency on Aging-Region One; Arizona Animal Welfare League; Arizona Women’s Education Grants from ACF general overviews of the Foundation, and training and Employment; Ballet Arizona; Banner Health in planned giving and endowment building. Foundation; Beatitudes Campus of Care; Boys and funds bring innovative Special events held across the state connect Girls Club of Metro Phoenix; Catholic Charities nonprofi ts and celebrate awarded grants. Community Services; Christian Care Communities; ideas to life. Crisis Nursery; Desert Botanical Garden; Duet Partners in Health & Aging (Beatitudes Center); Organizational Fund Management Florence Crittenton Services; Foundation for Nonprofi t organizations statewide are planning Blind Children; Gompers Habilitation Center; for long-term sustainability by building dedicated Lowell Observatory; Musical Instrument Museum; funds with the Arizona Community Foundation. Neighborhood Ministries; A New Leaf; Phoenix Two distinct off erings allow organizations to Art Museum; Phoenix Rescue Mission; The Phoenix Symphony; Phoenix Zoo; Prescott College; Prescott invest in their futures. Many nonprofi ts choose Meals on Wheels; Rainbow Acres; Sedona Arts Center; to establish both: Sedona Community Center; Sedona Historical Society; Sedona International Film Festival; The Society Nonprofi t Endowment Fund. An enduring source of St. Vincent de Paul–Phoenix; Sojourner Center; of organizational support, a permanent endowment Southwest Autism Research & Resource Center; St. may generate investment income which can be Mary’s Food Bank Alliance; UMOM New Day Centers; Valley Life; Valley Presbyterian Church Foundation; distributed in set annual payments to the Verde Valley Caregivers Coalition; Yavapai College organization or reinvested in the fund for growth. Foundation; YWCA of Greater Phoenix

Nonprofi t Reserve Fund. A fl exible, simple way for nonprofi ts to preserve and grow non-endowed MORE ONLINE: assets in a professionally managed fund that may generate investment income. A portion of the www.azfoundation.org/aebi earned income can be distributed in set annual

grant funding RESOURCES FOR NONPROFITS training and resources

organizational fund management Arizona Endowment Building Institute THE COLLECTIVE VOICE 45

RESOURCES FOR BUSINESSES & CORPORATIONS “ACF has brought the stability and oversight we needed in running a broad and reputable

scholarship program on behalf of our brand “

STO corporate and its hotel owners. tax credit donations BARBARA S. BRAS training and Vice President, Human Resources, Best Western International staffing support

Arizona companies are making a measurable difference in the communities where they do business through corporate giving programs administered by the Arizona Community Foundation and its Pakis Center for Business Philanthropy.

The Arizona Community Foundation’s Pakis Center for Business Philanthropy is Arizona’s premier charitable partner for corporate philanthropy. Tailored to the unique needs of businesses of every size, ACF’s Pakis Center for Business Philanthropy provides Arizona companies with an array of professional services to carry out corporate social responsibility initiatives. Whether a company has a long history of giving back or is stepping into charitable work for the ﬁ rst time, ACF provides training, staﬃ ng support, and a convenient online platform to simplify and streamline grants administration, reporting, and evaluation.

STO Corporate Tax Credit Donations Arizona law allows businesses and corporations to receive a dollar-for-dollar credit against their Arizona MORE ONLINE: state tax liability for donations to a qualifying School Tuition Organization (STO)*. These donations provide scholarships for low-income, disabled, and foster care students to attend tuition-bearing, K-12 www.azfoundation.org/pakiscenter private schools across Arizona. Tax credits are given on a ﬁ rst-come, ﬁ rst-served basis beginning each www.azfoundation.org/STO year on July 1 until the annual statewide cap is reached.

* Arizona law requires the following to be included in all printed materials: A school tuition organization cannot award, restrict, or reserve scholarships solely on the basis of donor recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to beneﬁ t either taxpayer’s own dependent. 2017-18 PROFESSIONAL ADVISORY BOARD

Denise McClain, Esq., Chair Ellen Steele Allare, CLU, ChFC, Past Chair Emeritus Brenda Blunt, CPA Mark C. Bohn, Esq., Past Chair Emeritus Linda Bowers, JD, AEP, CFP, Immediate Past Chair Remy Carpenter, JD David Case, Esq. Stephen S. Case, Esq., Past Chair Emeritus Theresa Chacopulous, CFP Beth S. Cohn, Esq. Mike Cohn, CLU, ChFC, Emeritus Leslie Dashew, M.S.W. Harold Dorenbecher Jr. Rita A. Eisenfeld, Esq., Past Chair Emeritus Russell Goldstein, CFP, CAP Brent Gunderson, Esq. Carrie Hall, CLU, CFP Victoria C. Harris, CPA William J. Hodges, CPA, Past Chair Emeritus Scott Horn, CPA Chuck Inderieden, CPA Mary Jordan, CPA Lynton Kotzin, CPA, CFA Gregory M. Kruzel, Esq., Past Chair Emeritus Neal Kurn, Esq., Emeritus Grace Y. Lau, CFA T. James Lee, Esq. W. John Lischer, Emeritus Thomas Maguire, CPA Jeﬀ rey M. Manley, Esq. T. Troy McNemar, Esq. Jonathon Morrison, Esq. Neil Robbins, CLU, ChFC James W. Ryan, Esq., Past Chair Emeritus Abbie Shindler, Esq. Chris Siegle Verne Smith, CLU, ChFC Trish Stark Mary Taylor Huntley, CFP Michael J. Tucker, Esq. Benjamin Voelker, CFP John Vryhof, Esq. Angela Walker-Weber, Esq. David K. Walser, CPA, PFS Dawna Westberg-Welch Chuck Whetstine, Esq. Richard H. Whitney, Esq., Emeritus Paul Yates, FSA, CLU

When I contact ACF to refer a client and their family for charitable giving guidance, I am confi dent they will offer innovative solutions that support my client’s customized philanthropic goals. ACF’s professional approach to implementing my clients’ charitable core values results in positive community impact.

HOPE LEIBSOHN, ESQ. Attorney, Sherman & Howard THE COLLECTIVE VOICE 47

RESOURCES FOR Attorneys, accountants, fi nancial PROFESSIONAL planners, insurance agents, and wealth advisors partner with the Arizona ADVISORS Community Foundation to guide their clients in charitable giving.

advantages of working with ACF networking and leadership opportunities continuing education credits technical resources

WE HELP Advantages of Working with ACF Your clients rely on you to provide sound advice. We work closely with you to PROFESSIONAL ADVISORS: tailor a fund or deferred giving arrangement to meet both the charitable and tax objectives of your clients. ACF becomes the charitable arm of the professional • Develop charitable plans integrated with advising team, while you retain complete control of client relationships. major business, personal, and fi nancial decisions. Continuing Education Credits Professional Education Series seminars cover a variety of estate planning topics, • Match personal charitable interests with and feature expert speakers. Course attendance may qualify for one hour of tax planning needs. CE credit. • Provide information on community needs and on the agencies and programs that make Tax & Legal Seminar is our most popular annual event produced in partnership a diff erence in the areas clients care about. with the Jewish Community Foundation. The keynote speaker is a nationally recognized expert who discusses the latest developments in estate and • Deliver grantmaking and scholarship charitable gift planning. Seminar attendance may qualify for four hours of expertise and a range of administrative CE credit. services related to charitable giving. Technical Resources Planned Gift Illustrations created by ACF staff using Crescendo Interactive soft ware demonstrate the income and tax benefi ts of gift ing a life insurance WE HELP YOUR CLIENTS: policy, creating a charitable remainder trust, or other planned giving vehicles.

• Maximize tax benefi ts with lifetime gift s ACF’s web site off ers many resources, including specifi c information accessible that are immediately tax-deductible or in the online Planned Giving Center. Free resources, tools, calculators, planned gift s that can reduce estate and national news, and inspiring donor stories can help with decision making. inheritance taxes for heirs. And, advisors can access Gift Law Pro, a comprehensive charitable giving and tax information service. • Achieve permanence by creating an endowed fund. Networking and Leadership Opportunities Any professional advisor can join ACF’s Professional Advisors Network to serve • Create a legacy with charitable funds that on a committee, speak at an ACF-sponsored seminar, refer other professional bear their name and allow for ongoing advisors to the Network, introduce clients to ACF, and attend ACF-sponsored involvement of family members. meetings. The Professional Advisory Board is the governing body for the • Achieve impact by funding the best and Network. Recognized as leading, trusted advisors to ACF donors, PAB members most eff ective programs in Arizona, are skilled in personal estate matters and provide strategic planning, guidance, nationally, and internationally. and oversight to ACF. 48 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

services for pro teams and athletic organizations

services for Sports Fund athletes of Arizona

Arizona’s professional and retired athletes and major sports teams are actively involved in the community, providing grants to deserving nonprofi ts in the areas of health, education, the arts, and youth sports, plus college scholarships and volunteer opportunities for children and families. RESOURCES FOR ATHLETES, TEAMS & ORGANIZATIONS

Through its Jerry Colangelo Center for Sports Philanthropy, the Arizona Community Foundation is the trusted philanthropic partner of Arizona athletes, teams, and athletic organizations. Our suite of cost-eﬀ ective solutions are tailored for each unique donor, their goals and their aspirations, allowing sports professionals to remain focused on their careers while supporting their community in meaningful ways.

Services for Athletes With our foundation management services, athletes enjoy simple, low-cost, and convenient administration of their charitable activities. ACF handles accounting, bookkeeping, due diligence, annual tax fi ling and auditing, and grants administration, with ongoing services customized for each client. Foundations managed by ACF benefi t from our public charity status, off ering donors signifi cant tax benefi ts and maximum fl exibility in awarding grants.

Services for Pro Teams and Athletic Organizations ACF’s back-offi ce services for professional sports teams and athletic organizations are cost-eff ective and effi cient, allowing team management to focus on organizational goals while earning a positive reputation for being a generous corporate citizen. Our convenient online grants system and staff expertise make grantmaking simple. ACF is the proud charitable partner of Phoenix Suns Charities, Arizona Coyotes Charities, The Fiesta Bowl Charities, and the Arizona Super Bowl XLIX Host Committee.

Sports Fund of Arizona Established in 2016 at the Jerry Colangelo Center for Sports Philanthropy, the Sports Fund of Arizona provides grants of up to $5,000 to youth sports programs and organizations across the state. Athletes are encouraged to contribute to the Sports Fund of Arizona at www.azfoundation.org/sportsfund.

MORE ONLINE:

www.azfoundation.org/colangelocenter THE COLLECTIVE VOICE 49

GOLD MEDAL} RIO 20 1 6 RETURN Paralympic Games

FROM two-sport Paralympian: triathlon -T R ACK RIO 15 World Cup medals -T RIATHLON

Last fall, Ability360 and the Arizona Community Foundation’s Jerry Colangelo Center for Sports Philanthropy celebrated Arizona athletes who have deﬁ ed the odds and overcome signiﬁ cant challenges. Our guest of honor, Gold Medalist Allysa Seely, was a member of the elite group of 4,000 athletes from 176 countries who competed in the 2016 Paralympic Games in Rio de Janeiro. Allysa’s career highlights include: Gold Medal Winner in the 2016 Rio de Janeiro Summer Paralympics Paratriathlon, 2015 and 2016 World Champion, 2016 two-sport Paralympian in triathlon and track, two-time Continental Champion, and 15 triathlon World Cup medals.

Return from Rio was held at the Ability360 Sports & Fitness Center, a 45,000-square foot, state-of-the-art facility in Phoenix. The Center is one of only two ﬁ tness facilities in the U.S. that is speciﬁ cally designed for individuals with disabilities.

PHOTO: LOREN WORTHINGTON 50 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

THE JOSEPH S. LENTZ & POWER MARY TRIGG LENTZ FUND OF ENDOWMENT

Dr. Joseph S. Lentz, a well-known and respected Phoenix physician and Army veteran, created this fund as a bequest from his estate. Thoughtful planning led him to combine the charitable fl exibility of an unrestricted fund, from which the Arizona Community Foundation’s Distribution Committee makes discretionary grants, with designated endowments for six specifi c Arizona charities.

Upon his passing in 1994, estate gifts brought his total contributions to the fund to around $500,000. Today, the endowment provides over $35,000 annually to support Dr. Lentz’s chosen recipients and unrestricted gifts. Total cumulative annual gifts have been provided to the following entities:

$74,976.59 each: • Boys & Girls Clubs of Metro Phoenix • Esperanca, Inc. • Heard Museum • Planned Parenthood Arizona, Inc. • Learning Ally, Inc. $223,940.84 Support for $149,955.17 TOTAL ACF and • All Saints’ Episcopal Church and Day School CUMULATIVE ACF Project Funds ANNUAL GIFTS

Thanks to the income-generating power ORIGINAL GIFT GRANTS AWARDED TO DATE FUND BALANCE TODAY* of endowment, the Joseph S. Lentz & Mary Trigg Lentz Fund has grown by nearly $500,000 $748,778.96 $748,405.93 50% aft er distributing almost $750,000 in grant funding for the six charities selected by the Lentz family and through discretionary grants. The current fund balance stands at $748,405.93 with the future opportunity to support Dr. Lentz’s legacy.

*As of March 31, 2017 THE COLLECTIVE VOICE 51

PROFILE: PROGRAM

HEAR THESE VOICES AT www.azfoundation.org/ LGBTQ

The Center for LGBTQ Philanthropy AT THE ARIZONA COMMUNITY FOUNDATION SUPPORTS ARIZONA’S LGBTQ COMMUNITY IN ADDRESSING RELEVANT AND TIMELY NEEDS THROUGH COLLECTIVE, IMPACTFUL PHILANTHROPY.

The Center aims to mobilize philanthropy through ongoing educational workshops, seminars, and special events that unite LGBTQ individuals, allied professionals, and nonproﬁ t organizations around topics of shared concern. 52 VOICE ACF & AFFILIATES ANNUAL REPORT 2017 center Charitable for Bequest

PLANNED Charitable GIVING gift annuity Charitable TRUSTS TYPES OF The Center for Planned Giving at ACF helps PLANNED generous individuals create their charitable GIFTS LIFE INSURANCE legacies, works with professional advisors in POLICIES serving their clients, and supports nonprofi t organizations in cultivating gifts and building endowments. LIFE ESTATES Instruments for Individuals Individuals are able to take advantage of giving instruments that provide an income stream to meet their current ﬁ nancial needs. RETIREMENT Services for Professional Advisors ACCOUNT ASSETS Professional Advisors receive assistance as they evaluate their clients’ individual needs, enabling them to better understand how and when to incorporate planned giving options.

Support for Nonprofi ts Nonprofi ts benefi t from Planned Giving Basics, workshops that provide information about endowment building, as well as the Arizona Endowment Building Institute, a program that helps nonprofi ts build capacity and fi nancial stability.

LEARN MORE: www.azfoundation.org/ plannedgiving

PHOTO: COURTESY JANE BOCK THE COLLECTIVE VOICE 53

The Legacy Society recognizes the generosity and foresight of those who Ed and Lisa Knight William and Carol Roskey have remembered the Arizona Community Foundation Mary Ann and Gerald Kniss Susan Ross and Gary Waddington Eleanor Kohler Charlene Rule or a regional affiliate in their will or trust. While we Mary Ellen Kress Webster and Shirley Sage honor those named below, we also appreciate the gifts Wolfgang and Hedy Kriegsman Jay and Carol Sanger of those who wish to remain anonymous. Patricia Kroenaur Jeff Sauter John Krueger Cheryl Savoie Mary Krzysik Rosemary Schaefer David Kurdeka Linda Scheerer Diane Abe William and Roseann Ebert Mary Kuzell Babbitt and Paul Babbitt Joe Schmidt Douglas and Elaine Alexander Kristi and Dale Edwards Mark and Rosie Lamberson Susan Schroeder and Gary McNaughton Lesley Alward Tricia and Larry Egger Kenneth and Dorthy Lamm James Schroeder Della May Anderson Ann Ewen and Mark Edwards Arlen and Loretta Larson Susan Scott Warren and Carolynn Anderson Michael and Kiar First Janice Larson Morton and Arlene Scult Kenneth and Julia Appletree David Field Angela Leen Diane Seeley Charles Arnold Carolyn Fisher Hazel Leslie Steven and Karen Seleznow Michael Bacci James and Anita Fleming Sue Lindmeier James and Deborah Selland Christopher and Dawn Bailey Susan Flint BJ Lippincott Edwin Shaufl er John and Marion Baker Edward and Cecilia Ford Selmer Lutey Faye and Doris Shaw Geoff rey Barnard and Diane Vosick Barry Froman Virginia Madek Eileen Sherrill Drew Barringer and Clare Schneider Eugene Galazan and Estherly Allen Frank and Sue Maglietta Ray Sigafoos Margie and Dave Beach Dan Galloway Daniel Mariani Keith Simmonds and Katherine Brandon The Bender Family Gary and Rita Gay Charles Marr James Skinner Thomas and Lois Benson Margaret Geis Sandy and Perry Massie Pruett and Karen Small Debra Bentlage Stephanie Giesbrecht Marjorie and Sam McClanahan Don and Laurie Smith Ann-Marie Benz Thomas and Jo-Anne Gilman Dennis McEvoy Stephen and Eileen Smith Jason and Janet Burgess John and Mary Gosule Coyla and Byron McKean Verne and Mary Smith Harvey and Dawn Bershader Tom Gramatikas Alan and Marjorie Means Dianne Snook William Bickel Doris Jean Green Ann and Matt Melsheimer Beverly Soule Linda Bliss James and Sandra Green Doris Merrifi eld Carol Standley Barbara Boehm Betty Griggs Joanna and John Michelich Larry Stark Bobbie Bollinger Gary and Connie Grube William and Carol Miller Margaret Stehlik Gary and Phylis Bolno Dora Gruber Angie Mitchell Beverly Stevenson J. William and Marilyn Boyce Maurine and Warner Wise Patricia Monahan Elaine Stewart Richard and Benita Boyd Joan Halford The Muhl Family Warren and Karen Stewart Marilyn Braun Cliff and Katie Hamilton Dutch Nagle John and Barbara Stewart Robert Braun Cliff ord Jr. and Carol Harris Dawn Nehls and Sylvia Stevens Margaret Stidworthy James Brewster Marilyn Harris Wendy Netzky-Jolly Robert Stimming Douglas Bunch Edward Harrison and Carol Delahanty John Neville and Jawn McKinley David Stringer Emily Burns Bernard and Susan Hay Frederick and Virginia Newnam Georgiana Swanson Marilyn Callahan Dane Hays Kenneth and Mary Nolan Bruce Thoeny Bill and Susan Cammock Steve Heit Cheryl Nordstrom Brinley Thomas Ginger Carlson Margaret Hendrick Dunbar and Mary Norton Charlotte Thomas Patricia Carmody Sharon Hendrix Olga Nowlin Gene and Cheri Thomas Deborah Carstens Linda Herman Fredrica Jean Paddock Terence Thomas Carol Chamberlain and Kenneth Mabarak Jerry Hirsch Brigida Osborn Jim Tilley George Childress Ed Hitchcock Jodi Padgett Richard Tollefson, Jr. Barbara Clarke Julie Holding Connie Parli Mary Trevor and Toni Kaus Barb Clelland Bruce and Jane Hopkins Carol Parry and John Fox Anthony and Leslie Turek Shelley Cohn Thomas Howell and Alma Christine Brenda and Van Parson Roy and Cynthia Vallee W. David Connell Vathis Howell Roger Peck Laurie Vesco Malcolm and Carol Craig Lew and Nancy Hoyt Kevin Pitts Bob and Emily Vincent Jean Cross Steve and Leslie Hunt Patricia Pollak Frankie Ware Richard and Sandra Cummings Harriet Ivey Bernadette Polley William and Patricia Welter Larry Cunningham David Jenner Manfred Poppe Helen Whatmough Misha Curtis Jerry and Roabie Johnson Mark and Heather Powell Michael and Deborah Whitehurst J. Michael and Margaret Daley Dalene Johnson George Puchall Barbara Wich Diana Dalsass Robert Johnson Leslie Quenichet Earl Wilcox Wilbert and Patricia Danesi Van Johnson Lawrence Rand Tommie Wildman Norma Davison West Cherie Jones James and Cecelia Rappaport Diane and Robert Wolf Barbara Dean Marc Kellenberger Toshiko Resh Carole and John Wooldrik Ellen and Craig Dean Jill Kelleran Adrian Reznik Gary Worob Michael and Carol Dean Kevin Kellogg and Peggy Nies James and Doris Robak Pat Yocum Kathleen Desmond Effi e Kelly Christine Robinson Barbara Zugor and Steve Radvick Joel and Amy Sue DeTar Kathleen Kelly Eileen S. Rogers Judy Zuzzala Willard and Patricia Detwiler Kati Kelly Julie Roller Mark D’Hondt Michael and Vera Kelly Edward and Peggy Roman Russell and Erika Dickey Melissa Kemp Raymond Rondeau Marnie and Harvey Dietrich Patricia Kenyon Julia Rosen and Richard Kasper Anne Durning Raymond Klein Lawrence and Hilda Rosenblum 54

we steward our resources and honor the wishes of everyone who entrusts us with a charitable legacy. 55 56 VOICE ACF & AFFILIATES ANNUAL REPORT 2017 OUR PHILANTHROPIC AGENDA: LEADERSHIP LEVERAGE INNOVATION IMPACT

The Arizona Community 1. / Quality Education Because a quality education system is a key driver of Arizona’s economic Foundation drives change on competitiveness and quality of life, education is a top priority. Supported by important issues throughout a sizable endowment, the Arizona Community Foundation makes signifi cant investments to expand and bring to scale innovative, high-quality reforms Arizona through competitive to benefi t all Arizona students. and discretionary grantmaking. 2. / Health Innovations These important community The quality and accessibility of health services are critically important to our shared quality of life. ACF makes important investments in medical centers investments are supported by and emerging research, and provides jump-start funding for medical and healthcare innovations. unrestricted gifts and fi eld of interest funds that allow 3. / Community Improvement & Development Safe housing and stable neighborhoods are the building blocks of a healthy ACF to advance its community. Investments in this area include one of ACF’s fl agship issues, aff ordable housing, plus economic success initiatives for the working poor, philanthropic agenda, basic needs for Arizona’s most vulnerable populations, and programs that participate in collaborative build strong communities for all ages. funding opportunities, and 4. / Environment & Sustainability Arizona’s natural resources are among the most highly valued attributes of our respond to unforeseen events. state, and a top priority of residents. With several endowments established to Discretionary grants are support animal welfare and an ever-growing interest in sustainability among donors, ACF is forming partnerships that protect, preserve, and responsibly awarded in fi ve key areas manage Arizona’s natural resources in both urban and rural areas. refl ecting the intersection of 5. / Arts & Culture our donors’ interests and the A thriving arts scene and diverse cultural off erings bring enjoyment to residents and visitors, and are important drivers of our economy. To celebrate our rich needs of our state: history and diversity, bring valuable learning experiences to children and adults, and maintain our strong social fabric, ACF collaborates to build Arizona’s infrastructure to support a vibrant arts and culture community. ARIZONA’S VOICE, PRESERVED AND MANAGED 57

COMMUNITY INVESTMENTS

Funding from the Arizona Community Foundation and its regional aﬃ liates is awarded year-round to a wide range of community organizations, educational institutions, and faith-based organizations in the form of grants, scholarship awards, nonproﬁ t loans, and philanthropic prizes.

ADVISED GRANTS SCHOLARSHIPS Due Diligence account for the majority of ACF’s grants each are awarded to help students achieve their Our staff ensures all grant year and come from donor advised funds, educational goals. The Arizona Community recipients are qualifi ed, collaborative funds, and supporting organizations Foundation is Arizona’s largest private provider viable organizations in good at the recommendation of the founding donor of college scholarships, with more than 175 standing before issuing grant and fund advisors. Supporting Organizations, individual scholarship funds under management. checks. The Philanthropic Services individual 501(c)(3) nonprofi t entities sponsored Every January, students complete one online Committee approves or ratifi es all by ACF, are guided by a board of directors that application and are automatically matched with all grants, while the Impact Investing votes on grant awards, with proposals typically of our scholarship awards for which they qualify. Committee oversees and approves accepted by request only. Scholarships are available for two-year and all loans. Both committees are four-year colleges and universities as well as comprised of ACF Board members technical and vocational schools. and community leaders with DISCRETIONARY GRANTS diverse backgrounds and are awarded year-round from our Field of Low-income, disabled, and foster youth can apply extensive professional expertise. Interest Funds and Funds for the Common Good, for scholarships to attend tuition-bearing, K-12 oft en through a competitive process. Proposals private schools. These scholarships are funded are evaluated by diverse panels that include with donations to our School Tuition Organization, members of the ACF Board of Directors and which qualify donors for a dollar-for-dollar Arizona regional boards of advisors, community leaders, state tax credit. staff , and subject-matter experts. Competitive grant opportunities are off ered annually in each NONPROFIT LOANS of our six regions: Cochise, Gila Valley, Flagstaff , work alongside conventional grantmaking Sedona, Yavapai County, and Yuma. to generate both a social and a fi nancial return. Working in concert with experienced DESIGNATED GRANTS partners and resources, our Community Impact are automatic payments from funds designated Loan Fund invests in nonprofi t community projects FOR ASSISTANCE: by donors to support a specifi c organization with fl exible loans made at or below market rates. in perpetuity, and from funds established by As loans are repaid, funds become available for Contact our Grants nonprofi ts with their own assets. use with other projects, creating a continuous Management team at recycling of charitable capital. 602.682.2036

WHO MAY APPLY HOW TO APPLY FOR A GRANT

Arizona 501(c)(3) nonproﬁ ts, schools, Competitive grant applications can be submitted online at faith-based organizations, Tribal entities, www.azfoundation.org/grants during grant cycles. Applicants must and government agencies. ﬁ rst create an account and link the account to their organization. Grant cycles and free preparation workshops are announced via email, through partner organization communications, on ACF’s social media pages, and through local media. 58 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Simply put, impact investing The Arizona generates measurable, Community beneﬁ cial social or environmental Foundation has impacts alongside ﬁ nancial emerged as a returns. It’s a simple idea with profound implications. national leader in impact investing. excerpted from “Private Capital, Public Good: ACF invests How Smart Federal Policy Can Galvanize in innovative Impact Investing–and Why It’s Urgent” nonprofit projects using familiar market instruments such as loans, debt and loan guarantees made at or below market rates. COMMUNITY IMPACT LOAN FUND

The Arizona Community Foundation is becoming a national leader in the practice of impact investing through the creation of the Community Impact Loan Fund. This charitable vehicle works alongside conventional grantmaking accomplishing two important goals: producing measurable social impact; and building reusable resources for future investing. Working together with a variety of capital partners, grantmakers, and nonproﬁ t leaders, the multi-million-dollar Community Impact Loan Fund produces capital solutions that are more robust than grants alone.

The Community Impact Loan Fund invests in nonproﬁ t community projects in the form of loans, loan guarantees, and other familiar market instruments—oft en at or below market rates. As these loans are repaid, funds become available for use with other projects, creating a continual recycling of charitable capital.

When donor advised funds and supporting organizations managed by ACF are used to co-invest in the Community Impact Loan Fund, charitable assets ﬁ nd a new way to impact positive social outcomes. And at the end of the commitment period of seven years or more, loaned assets are returned to the donor’s fund with one percent interest.

HEAR MORE VOICES AT www.azfoundation.org/ communityimpact ARIZONA’S VOICE, PRESERVED AND MANAGED 59

PROFILE: PROGRAM

Desert Stages Theatre is an award-winning, Square Mall. The $450,000 loan from the DESERT STAGES nonprofi t performing arts theatre in Old Town Community Impact Loan Fund, along with Scottsdale. The Theatre off ers a safe, aff ordable resources already allocated by Desert Stages, Laurie Cullity, Desert Stages Theatre’s place to learn the craft of performing arts for were used to complete the renovation. executive director, has the great privilege hundreds of children. of surrounding herself with young talents Desert Stages Theatre’s new facility has an who love the art of acting as much she Aft er 13 years in its former location, Desert 80-seat black-box theater and a 245-seat does. Laurie and her husband, the late Gerry Cullity, and Joan Thompson started Stages moved to the space previously occupied theater in the round, giving the organization Desert Stages Theatre in 1995. by Harkins Cinema in the Scottsdale Fashion the capacity to produce 15 shows a season. 60 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

GRANTS BY Arts & STRATEGIC Culture 5% TOTAL GRANTS PRIORITY Environment & BY PROGRAM Sustainability 7% AREA The following refl ects grants, Scholarships scholarships, and distributions awarded 14% by the Arizona Community Foundation Community Nonprofi t Fund and its regional affi liates across fi ve Development Annual impact areas between April 1, 2016 & Improvement Distributions and March 31, 2017: 6% 14%

TOTAL AWARDED BY ALL FUNDS OF ACF IN FY17:

Health $55,201,473 Innovations Quality 33% Education 21%

FY17 Grants Awarded by ACF Community Nonproﬁ t Arts & Development Quality Environment & Health Fund Annual TOTAL & Aﬃ liates Culture & Improvement Education Scholarships Sustainability Innovations Distributions AWARDED

ACF Central Oﬃ ce $2,523,567 $2,954,139 $10,216,532 $7,338,669 $2,980,503 $16,507,724 $6,817,018 $49,338,153 ACF of Cochise 15,000 30,686 66,960 6,300 42,864 57,750 289,196 508,756 ACF of Flagstaﬀ 108,898 337,137 610,407 8,200 148,463 546,893 254,350 2,014,348 ACF of the Gila Valley 7,015 7,000 400 49,566 — 31,500 13,225 108,706 ACF of Sedona 77,341 127,660 52,490 31,500 58,130 55,905 16,600 419,626 ACF of Yavapai 14,800 246,420 307,475 4,000 153,200 457,320 145,404 1,328,619 ACF of Yuma 27,430 9,773 89,845 76,560 29,500 436,368 250,000 919,476 Community Funds* 25,701 293,864 25,150 45,494 — 45,835 127,746 563,790 TOTAL AWARDED $2,799,752 $4,006,678 $11,369,259 $7,560,289 $3,412,660 $18,139,295 $7,913,539 $55,201,473

* FY17 Grants Awarded by Local Philanthropy Grant Distributions FY17 Funds & Aﬃ liated Partners Over Five Years $55,201,473

Desert Mountain Community Foundation $ 31,750 The Hopi Foundation 119,146 FY16 Page/Lake Powell Community Funds 26,494 $56,293,721 Patagonia Regional Community Funds 47,000 Scottsdale Community Funds 42,200 FY15 FY13 Tempe Community Funds 111,700 FY14 $45,357,758 $41,950,891 West Valley Community Funds 185,500 $40,813,552 Total Awarded $ 563,790 ARIZONA’SARIZONA’S VOICE, PRESERVED AND MANAGED 61

FY17 FINANCIAL HIGHLIGHTS

142 NEW FUNDS WERE CREATED and donors contributed a total of $63.7 million to new and existing funds. 47 estate gift s were promised through testamentary agreements. An additional $13 million was entrusted to ACF by nonproﬁ ts to steward on their behalf, bringing the total assets received to $76.7 million.

7,761 GRANTS, SCHOLARSHIPS, AND DISTRIBUTIONS WERE AWARDED, totaling more than $55 million including $47.7 million in grants to 2,198 organizations, $4.9 million in scholarships and $2.6 million in School Tuition Organization funding to nearly 2,450 students, bringing the total grants and scholarships awarded since ACF’s inception in 1978 to $649 million.

AFFILIATE OPERATING ASSETS EXPENSES total more than $100 million. were less than 1 percent of total assets. 62 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

FINANCIAL REGIONAL AFFILIATE ASSETS ASSETS ACCOUNT FOR 12 PERCENT OF ACF’S TOTAL ASSETS.

TOTAL ASSETS BY FUND TYPE

$830,607,000 Designated (8%) $65,617,000 Other* (5%) $44,925,000

Advised (31%) Trusts & $259,057,000 Funds for the Annuities (4%) Common Good (2%) $32,646,000 $20,491,000 Supporting Organizations (23%) $188,175,000 Nonproﬁ t (10%) $80,463,000 Field of Interest (12%) $96,232,000 Scholarship (5%) $43,001,000

FY17 $830,607,000

FY16 $746,621,000

FY15 $694,536,000

FY14 $646,542,000

FY13 $547,123,000

CHANGE IN ASSETS OVER FIVE YEARS * includes administrative, collaborative, project-based, and initiative support funds ARIZONA’S VOICE, PRESERVED AND MANAGED 63

SUMMARY financial statement

FOR THE PERIOD ENDED ASSETS MARCH 31, 2017 Cash $ 4,724,000 Receivables 28,965,000 Investments 757,345,000 Split Interest Agreements 33,907,000 Other 5,666,000 Total Assets $ 830,607,000

LIABILITIES & NET ASSETS Account Payable & Other Liabilities $ 4,098,000 Grants Payable 7,376,000 Annuity Liability 16,704,000 Lines of Credit 2,425,000 Agency Liability 77,173,000 Net Assets 722,831,000 Total Liabilities & Net Assets $ 830,607,000

REVENUES Contributions $ 67,074,000 Investments 58,736,000 Change in Split Interest Agreements 1,465,000 Miscellaneous 13,084,000 Total Revenues $ 140,359,000

GRANTS & EXPENSES Grants $ 45,264,000 Other Program Expenses 9,505,000 Management & General 8,908,000 Fundraising 3,468,000 Total Grants & Expenses $ 67,145,000

CHANGE IN NET ASSETS $ 73,214,000

NET ASSETS Beginning of Period $ 649,617,000 End of Period $ 722,831,000

The fi nancial statements are the responsibility of the Arizona Community Foundation’s management. The Community Foundation maintains a system of internal accounting controls designed to provide responsible assurance that transactions are properly executed and recorded in all material respects, assets are safeguarded and established policies and procedures are carefully followed. The above are audited results for the Arizona Community Foundation’s fi scal year ended 3/31/17. Copies of the three most recent years’ fi nancial statements and corresponding Form 990 tax fi lings can be viewed online at azfoundation.org/investments or can be provided upon request. Offi cial statements and fi lings are posted as soon as they are available. 64 VOICE ACF & AFFILIATES ANNUAL REPORT 2017 INVESTMENT MANAGEMENT

ACF’s primary investment objective is to prudently manage charitable assets to achieve positive, THE ARIZONA long-term rates of return. The Investment Committee seeks to invest wisely to generate the most COMMUNITY grant dollars today while simultaneously preserving resources to meet future needs. Investment Beliefs FOUNDATION • Defi ning investment performance objectives, their time horizons and acceptable levels of risk are essential. IS COMMITTED • Asset allocations decisions are key. TO SERVING • ACF’s portfolio construction methodology should be sound. • Asset classes should be examined in the context of market effi ciency and its AS A STEWARD potential sources of return. • Asset class investment house views should be developed. OF THE • Portfolio rebalancing discipline is key for eff ective risk management. GENEROUS • Development of the ACF staff ’s knowledge of investment management is benefi cial. • Establishing and maintaining good governance is fundamental to the success of GIFTS an investment management program. Oversight ENTRUSTED With its Investment Committee overseeing the management of the Arizona Community Foundation’s investment program, the Foundation relies on knowledgeable investment and TO US BY business professionals from our Board of Directors and the larger community. The Chief Investment Offi cer provides day-to-day management and reporting to the Investment Committee DONORS PAST with the assistance of ACF’s external investment consultant, Pavilion Advisory Group. The ACF Board of Directors reviews decisions made by the Investment Committee, while an independent AND PRESENT. auditing fi rm provides an annual review of the Foundation’s fi nancial records. Options The Arizona Community Foundation off ers a variety of investment options to serve donors’ charitable goals and time horizons. While the majority of assets are held in the Long Term Pool, three other investment pool options are available to suit various objectives. Below are the investment pool options based on donor goals and the historical performance for each pool.

INVESTMENT committee $826 Million AUM (as of March 31, 2017)* Mark Feldman, Chair

Jim Ameduri FUND TYPE DOLLARS (MILLIONS) 13% Illiquid Assets Dr. William V. Andrew Cameron Black, CFA, CAIA, CFP 33% Pools $ 448 Externally Stephen O. Evans Long Term 380 Managed Herbert M. Kaufman, Ph.D. Intermediate 40 Jodi O. Padgett, CFP MS Short Term 20 1% Socially Frederick M. Pakis Socially Responsible 8 Responsible Jason I. Riggs, CPA Externally Managed 270 2% Short Term Illiquid Assets 108 5% Intermediate Hal Tashman Grand Total $ 826 46% Long Term Gary Dokes, ACF Chief Investment Oﬃ cer *excludes operating cash ARIZONA’S VOICE, PRESERVED AND MANAGED 65

INVESTMENT OPTIONS TARGET ALLOCATIONS OBJECTIVES

20% ABSOLUTE LONG TERM RETURN Seeks long-term capital appreciation with the ability to reduce public POOL market volatility and enhance returns through the use of risk mitigating 25% FIXED INCOME absolute return strategies.

55% EQUITIES

INTERMEDIATE 50% FIXED Seeks long-term capital appreciation and is appropriate for funds POOL INCOME with liquidity constraints. 50% EQUITIES

SOCIALLY 40% FIXED Seeks long-term capital appreciation within a socially screened portfolio. RESPONSIBLE INCOME Details on applied screens available at azfoundation.org/investments. POOL 60% EQUITIES

SHORT TERM

POOL 100% MONEY Seeks capital preservation in exchange for little or no growth MARKET and is appropriate for short-term and non-permanent funds.

EXTERNAL At the donor’s request and recommendation, charitable assets of a certain size may be managed by external ASSET money managers who are independent of the donor and agree to adhere to investment guidelines and MANAGEMENT policies prescribed by ACF.

Pool Performance & Expenses Pool performance, net of investment fees, for the quarter ending March 31, 2017.

LONG TERM POOL INTERMEDIATE POOL SOCIALLY RESPONSIBLE POOL SHORT TERM POOL

Established January 1991 Established January 2005 Established September 2011 Established September 2011

1 Year 13.0% 1 Year 10.7% 1 Year 11.7% 1 Year 0.3% 5 Year* 7.8% 5 Year* 7.4% 5 Year* 9.5% 5 Year* 0.1% 10 Year* 4.5% 10 Year* 5.4% 10 Year* N/A 10 Year* 0.7% Since Inception: 7.6% Since Inception: 6.1% Since Inception: 10.8% Since Inception: 1.2%

0.83% 0.30% 0.45% 0.15% Investment Expenses** Investment Expenses** Investment Expenses** Investment Expenses**

* Primary relative performance evaluation time periods per ACF’s Investment Policy Statement (IPS). ** Management, custody, and consulting services. 66 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

We are pleased to welcome the following NEW FUNDS established during the last ﬁ scal year to the Arizona Community Foundation family:

ADVISED FUNDS DESIGNATED FUNDS Sierra Vista Education Foundation Scholarship for Buena High School Bill and Carol Alexander Fund AAUW East Mesa (AZ)–Violet H. Norbert H. Wildlife Corridors Fund Alling Family Fund Larney Endowment Jeff & Debbie Andrews Fund Ginny Clark HLAA-AZ Fund Arizona Community Foundation of Flagstaff Be Memorable Foundation Blair-Howell Memorial Designated Fund AZ Tesol Fund Arizona Buuck Family Fund Michael L. Howell Memorial Endowment established BLE “Best Life Ever” Fund Cannonbone Ranch Fund by Gordon L. Howell and Dorothy F. Howell Flagstaff Animal Welfare Fund Cares Charity Walter McGinnis III Charitable Fund Flagstaff Education Fund Colbert Charitable Fund Blake and Mildred Messimer Fund Flagstaff Family Food Center Reserve Fund Bob Diamond Memorial Fund Esther Miller Memorial Fund Flagstaff Tax Credit Coalition The Edwards Family Foundation Leopold Schepp Memorial Fund Geile Charitable Reserve Fund Esque Family Fund Jessie Smith Noyes Memorial Fund Grand Canyon River Guides–Endowment Evan’s Family Assistance Fund Zoo Reach Scholarships Grand Canyon River Guides–Reserve Goddard Family Fund Housing Solutions of N. Arizona Reserve Fund Howland Family Fund FIELD OF INTEREST FUNDS Navajo Youth Achievement Fund GMJohnson Family Fund Poore Medical Clinic Endowed Fund Stephen C. Johnson Family Foundation Fund Fiesta Bowl Wishes for Teachers Poore Medical Clinic Reserve Fund Kitten Space Program The Newton and Betty Rosenzweig Fund The Margot & Dennis Knight Family Fund for the Arts (a discretionary gift endowed to Arizona Community Foundation of Keira Leshinskie Foundation support the arts) the Gila Valley The Littoral Fund CDC Gila Valley Education Fund Lora’s Family Foundation NONPROFIT FUNDS John R. Smith “Spirit of the Roughrider” Scholarship Byron and Coyladene McKean Charitable Fund Saff ord Friends of the Library Nonprofi t Fund The Ellie and Howard Menzel Fund College Success Arizona Reserve Fund Mesk Family Fund Tempe Diablos/Barbara and Bill Woodroff e Arizona Community Foundation of Milagros Paul Eppinger Award Fund Yavapai County Ed and Karen Morabito Fund Franciscan Renewal Center Fund APAAC Aspiring Prosecutor Scholarship Fund Redman Family Fund Hance Park Reserve Fund Bill Fain Memorial Scholarship Fund Schwallie Family Fund Hope 4 Kids International Endowment Fund Eleanor Kohler Charitable Gift Annuity Seaman Family Charitable Fund Hope 4 Kids International Reserve Fund Friends of JS Acker Memorial Park Fund Karen Work Seleznow Memorial Fund Kids Need to Read Fund Friends of JS Acker Memorial Park Reserve Fund Shurtz Family Fund Judy Goddard/Libraries, Ltd. Fund Friends of the Prescott Public Library Fund Robert and Judi Smith Charitable Fund Madison 125 Endowment Fund Friends of the Prescott Public Library Reserve Fund Petznick Stewart Fund Greater Prescott Area Tax Credit Coalition Vaughn Family Fund PROJECT FUNDS Greater Prescott Outdoors Fund Youth Angels–Erika & Roger Greaves Foundation John A. and Marion J. Baker Charitable Gift Annuity 2 Native American Initiative Kenneth L. and Julia G. Appletree Charitable COLLABORATIVE FUNDS Open Society Foundation Program Fund Gift Annuity Mingus Mountain Law Group Scholarship Fund Achieve60AZ SCHOLARSHIP FUNDS Pat Carmody Love of Education Scholarship Fund Carver Museum and Cultural Center Restoration Fund Prescott Pickleball Fund AGF Early Childhood Funders Collaborative Dougherty Foundation Ron and Betsy Barnes Youth Leadership Sheila Kloefkorn Equality Fund Gemini Foster Care Scholarship Fund Scholarship Fund Project Firelight Blair-Howell Memorial Scholarship Fund Smoki Museum Reserve Fund Promises for Hope Fund Verde Valley Tax Credit Coalition REAP Endowment Fund NEW REGIONAL FUNDS Yavapai Education Fund Sports Fund of Arizona Yavapai Humane Society Reserve Fund Two Pups Wellness Fund Arizona Community Foundation of Cochise United Art of Arizona Bisbee Vogue Inc. Designated Fund Arizona Community Foundation of Yuma Watershed Films Cochise Education Fund Somerton High School Fund The Rodriguez Family Poverty Alleviation Fund Yuma Education Fund ARIZONA’S VOICE, PRESERVED AND MANAGED 67

The following EXISTING FUNDS were established at the Arizona Community Foundation and aﬃ liates prior to April 1, 2017. We thank the founders, donors, and advisors to these funds for their continued trust and partnership:

FUNDS FOR ADVISED FUNDS Joye Walker Broderick Fund THE COMMON GOOD Elsie A. Brodkin Fund The 2-1-1 Community Fund Brown Family Fund for Arizona’s Future Anonymous M. B. Fund A&J Family Foundation Edward B. Burr Foundation Fund Anonymous N.P. Fund Addolorata Di Re’ Foundation Butler Family Fund Ruth and Hartley Barker Fund AF Anonymous Fund II The Camelot Foundation Donald J. Bauman Fund Allare Family Fund Cameo Foundation Dorothy W. Bayley Fund Carolyn Allen Fund Campbell-Edwards Foundation Robert L. Beal Memorial Fund The Alliance Beverage Benefi t Fund The Can-Do Fund Genevieve Beketa Trust Alliance for Education Fund Carstens Family Funds Paul M. & Gladys M. Burroway Fund Claude & Dorothy Allison Foundation Case Family Charitable Fund The James and Dorothy Cathcart Fund Nancy & Don Alpert Fund Stephanie Anne Cashin Memorial Foundation Hilda L. Clint Fund Anderman Family Charitable Fund Challenge Youth Fund Fund for the Common Good Ankeney Family Charitable Fund The Chalmers Charitable Fund Fund for the Common Good Endowed Arizona Public Service Company–Arlington Fund The Charlotte’s Way Fund Raymond L. & Dorothy W. Crosson Fund Arizona Public Service Company Fund ChessHelps William & Helen G. Defi el Fund Arizona Public Service Company–Tonopah Fund Chester Family Trust Deupree Family Fund Arizona Public Service Company–West Phoenix Fund Robert Cialdini and Bobette Gorden Family Foundation Charles & Allyne Dubois Fund Sandra Arena & Mary Fennemore Arena Fund John M. Clements Advised Fund Jean Eisinger Fund Arete Fund Ned and Elaine Clouser Charitable Fund Herman & Florita Evans Fund Arizona Child Abuse Prevention License Plate Fund Cohn Family Foundation George A. Fear Fund Arizona First Advised Fund Coleman Family Charitable Foundation Bernardine Hall Fund Arizona MultiBank Legacy Fund–Stock Colliers AZ Cares The Richard W. Hancock & Deedie Wrigley Hancock The Arizona Republic Charities General Fund Jennifer Diane Collins Memorial Fund Endowment Fund Arizona Wing Civil Air Patrol Cadet Foundation Mary Kathleen Collins Fund Frances J. & David J. Hayeman Fund The Art of Grace Ross & Denise Cooper Charitable Fund Keith E. Heilman Fund Laurence B. and Doris Ashkin Fund The Corley-Essex Foundation Julian L. Henry, Jr. Fund ASIS Cox Charities - Employee Giving Fund Koning Family Fund Tony & Milena Astorga Foundation Robert & Barbara Crist Foundation Fund Scott L. & Eleanor W. Libby Fund Mary M. Ausman Fund Cultural Exchange World-Wide Gisela S. Ludlow Fund Bank of Arizona Fund Cole & Joan Cunningham Fund Manhoff Foundation Fund Janeen R Barber Fund Dennis K. Dang Fund Mays Family Fund Edwin Barbey Charitable Trust Dare to Care Fund Daniel and Julia McBride Unrestricted Fund Barklee Fund The Harryette and Jerry David Family Foundation Fund Phoebe Pfeiff er Mercer Memorial Fund E. G. & Carol Barmore Foundation Jack & MaryLou Davis Foundation Ralph Penn Fund The Believe in Miracles Fund Day Family Foundation Phoenix Welfare Foundation Bellemare Donor Advised Fund Dean-Kaye-Chang Family Fund Price Family Fund Berkner Family Fund Pam Del Duca Foundation Helen F. Schwartz Fund Best Western for a Better World– Denise & Robert Delgado Family Fund Fred A. Scribner Discretionary Fund American Red Cross Fund Michael & Geraldine DeMuro Family Fund Evelyn Smith & Dorothy Jimerson Trust Best Western for a Better World–Better World Fund Ken & Kim Desmarchais Family Charities Gordon C. Tunstall Fund Best Western for a Better World–Earth Day Network DeTommaso Family Foundation Philip & Barbara Von Ammon Unrestricted Fund Canopy Project Fund Dietrich Family Foundation Raymond V. & Ann V. Walling Fund Best Western for a Better World– Dilly Dally Fund Lee E. Warren Discretionary Fund Kiva Microfi nance Fund Shane and Andrea Doan Fund Alan & Irene Weinberg Discretionary Fund Best Western for a Better World–World Vision Doing Some Good Linda & Richard Whitney Fund Child Sponsorship Fund Dorrance Family Fund The Bidwill Family Foundation Dorrance Scholarship Programs Charitable Fund The Larry & Dori Blessing Family Fund The Drayton Group Fund Erma Bombeck Memorial Fund The Ehrler, Compas, Turner, Wilcox Families Fund Bowman-Zukowfsky Fund Harry & Dena Emden Memorial Fund The Braun Family Foundation Lois & Howard Emden Family Fund Lawrence J. Brecker Family Foundation Erhart Foundation 68 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Eternal Now Fund The Mark Hummels Memorial Fund Joan New Endowment Fund Every Kid Plays Foundation Stanley P. and Helen J. Hutchison Fund Nick & Kelly Children’s Heart Fund Ann Ewen and Mark Edwards Charitable Fund Illumination Fund Kristen Nieves Memorial Fund Betty H. Fairfax Fund for Educational Equity Ironwood Foundation Nilsen Family Fund The Betty H. Fairfax Memorial Fund Darlene Jackson Endowment Fund Nord Family Fund Mark and Diana Feldman Fund Heidi D. Jannenga Fund Sandra Day O’Connor Charitable Fund Findor Charitable Fund Jannenga Family Fund Brian Olsen Addiction Treatment Fund Joanie Flatt Family Foundation Robert D. Johnson Foundation One Generation Foundation Michael Flatt Charitable Fund Sue and Brooks Johnson Family Fund Christine Ostwinkle Foundation for Lupus For the Love of Conor Foundation Joshua’s Hope Fund The Overland Fund Foundation for Financial Literacy The Kaehr Family Fund Fredrica Jean Paddock Fund Carol & John Fox Fund Kahn Celiac Disease Foundation Palais Charitable Foundation Frazier Fund The Keller Family Foundation Palais Educational Foundation James Rush Freeman III Education Fund Michael and Dawn Kennedy Family Fund Papago Preservation Fund Gertrude S. Friedman Fund Denison Kitchel & Naomi Douglas Kitchel Thomas J. Pappas Foundation Fund FTP Charitable Fund Advised Fund The Parker Family Fund The Gagnon Charitable Trust Kitchel Family Foundation Steve Pascente Charitable Foundation Gainey Family Fund Kathy Kolbe Fund The Pastoral Care Fund Mario Gambetta Fund Krumwiede Family Foundation The Ashok & Rita Patel Family Fund Garagiola Family Foundation Kucera Family Foundation Marilynn Pauwels Charitable Fund Gates Family Foundation Neal and Sue Kurn Advised Fund People Saving Pets/Dr. & Mrs. Merrill & Michael Geddes Fund Las Sendas Golf Foundation Mary Chernov Fund Geneva Fund Lau and Tsui Donor Advised Fund Phoenix Angel of Hope Fund The Gerson Fund Lavinia Family Foundation Phoenix Country Club Foundation Gill Family Foundation Harry J. Lazarus Family Fund Phoenix Public Safety Employees Foundation Thomas F. Gilman & Jo-Anne Machina Gilman Chuck O. Lee & Ruth C. Lee Charitable Trust Bryant Pickering Family Trust Fund Family Foundation Robert B. Leff & Janice M. Leff Fund Raquel Piekarski Fund Global Education Initiative Fund Lehmann Family Foundation Robert & Rochelle Plous Family Foundation John and Erin Gogolak Fund Leibsohn Family Fund Post Family Fund Golay-Eicher Donor Advised Fund Let Roxy Do It Fund Powell Family Foundation The Barry & Ellen Goldstein Fund for Canine The Thomas Linn Memorial Fund aka Prairie Rain Fund Health and Welfare The “Make It Rain” Fund The Princess Fund Kenneth & Diana Gometz Fund Lodestar Foundation Fund Becky and Doug Pruitt Family Fund Michael P. Goodman Foundation Stewart A. & Pauline E. Love Fund Pruitt Life Insurance Policy Murray & Dottie Goodman Family Foundation John C. & Evelyn W. Lucking Fund The Purple Gala Dan and Kathy Grubb Family Foundation David P. & J. Warren Lueth Brothers Foundation Rae Dawn Alexander Fund Evelyn and Lou Grubb Charitable Fund Russell A. Lyon Family Advised Fund Raub Family Support Fund Evelyn and Lou Grubb Charitable Fund/ DeBusk Family Making Smiles Foundation Joc Rawls Charitable Foundation Dan L. Grubb Roger & Vicki Marce Fund The Red & Alva Foundation Evelyn and Lou Grubb Charitable Fund/ Michael and Angela Markham Foundation Reed Fund John S. Grubb John M. Marks Advised Fund David E. Reese Family Fund Evelyn and Lou Grubb Charitable Fund/ Kemper & Ethel Marley Foundation Fund Rethore Family Fund Nancy C. Grubb The Marusiak Family Fund Simeon J. Rice Charitable Fund Evelyn and Lou Grubb Charitable Fund/ Maxlee Foundation Judy Ridgway Advised Fund Tracy R. Grubb Cindy McCain Navajo Assistance Fund Rifkin-Levy Endowment Fund The Guernsey Family Fund Ron and Linda McClure Foundation RMBHS Foundation Guerrant Foundation McCutcheon/Dougherty Historical Preservation Fund ROBMARLLC Fund Ryan Hanson Memorial Fund MCIDA Donor Advised Roden Foundation Fund The Harper Fund McMiles Donor Advised Fund Roosevelt Education Foundation Endowment Fund The Harvard Investments Paul & Carol Hill Foundation Joe & Marmee Medalie Family Foundation Betty & Newton Rosenzweig Charitable Fund Health Services Advisory Group Community The James & Jean Meenaghan Charitable Fund Ruamie Fund Enhancement Fund The Meridian Foundation Jerry Rubin Memorial Fund Charles and Pamela Henderson Foundation Sally Meyerhoff Foundation John and Hermine Ruddock Charitable Fund G. R. Herberger Fund Dolores Miller Charitable Endowment Ray & Val Sachs Family Fund Hilby Family Foundation in Memory of Carlyle Miller The Jeff & Michelle Sanders Fund Holbrook Pyle Foundation Mobile Mini Community Giving Fund Sandwill Fund The Holland Family Fund Morgan Family Foundation Mariano & Catherine Sanito Fund Holsum Bakery Inc. Fund Elaine and Richard Morrison Donor Advised Fund Christopher D. Saunders Fund Sally A. Hough Family Fund John & Joan Murphy Family Foundation Andy & Carrie Schermuly Fund Houseworth Family Foundation Murray Family Fund G. Richard Schieff elin Fund Diane L. Howard Charitable Foundation The Rob & Jill Muth Family Fund Novis M. Schmitz Foundation Hudson Fund for Good MVP Foundation Schubert Family Foundation Hugh E. Hughes Foundation My Charitable Trust Elizabeth H. Scrivner Fund John & Ethel Hughes Fund William & Sondra Myers Fund Season for Sharing Thomas J. Hughes Family Fund Nationwide Vision Kids Foundation Seldin Family Advised Fund John & Gail M. Hull Foundation NB I AZ Charities Show up for Seamus ARIZONA’S VOICE, PRESERVED AND MANAGED 69

William R. Silver Charitable Fund COLLABORATIVE FUNDS Wallace and Ladmo Foundation Silvernail Family Trust Youth Angels–The Erika and Roger Greaves Shannon Smith Memorial Fund African American Women’s Giving and Collaborative Fund Harry C. & Jean I. Snyder Family Fund Empowerment Circle Spencer Family Foundation AOS Foundation DESIGNATED FUNDS The Susan & Ronald Starkman Family Fund Arizona Aquatic Sports Foundation Pat & Susan Stevens Family Fund Arizona Asian Pacifi c American Women’s John & Leona Alden Fund Stevens Family Fund Giving Circle Douglas S. Alexander Family Foundation Dr. Warren H. Stewart Sr. & Karen E. Stewart Arizona Athletic Trainers Initiative Lonnie & Muhammad Ali Fund Family Foundation Arizona College Access Network Fund Anderman Family Designated Fund Frank & Shireen Malouf Stuart Charitable Fund Arizona Community Reinvestment Collaborative Fund APS Solar Assist Program John G. & Carolyn W. Stuart Fund Arizona Early Childhood Alliance Arizona ArtShare Fund The Sullivan Family Charitable Fund Arizona Firefi ghters Collaborative Fund Arizona Kidney Foundation Fund Thomas E. Sunderland Fund Arizona Gives Incentive Fund Arizona Musicfest Building Fund Sundheimer Family Fund Arizona Horse Lover’s Foundation Arizona Science Center Amy Susana Fund Arizona Loans for Assistive Technology Vivian Arnao & Family Foundation The Synchronicity Fund Arizona Multibank Legacy Fund-Endowed Family Ball Foundation Tanner-Wylie Family Foundation Arizona MultiBank Legacy Fund-Spendable Ruth Barker Designated Fund for the Arizona Opera Tashman Fund Arizona Multihousing Charitable Foundation-Phoenix G. Clark & Pamela Bean Fund Joseph Marion Taylor Family Fund Arizona Multihousing Charitable Foundation-Tucson Bigelow Foundation The Thomas Foundation Arizona State Fair Foundation Fund Chamber Music West The Todd Thomas Foundation Aviant Hospice Ann M. Chmelik Fund Thompson-Snell Fund Aviant Hospice Phoenix Clark Charitable Fund LeRoy Thon & Ruth V. Thon Advised Fund Black Legacy Endowed Fund William J. & Julia K. Czapor Trust Thunderbird Endowment Fund Black Philanthropy Initiative Endowment Fund Lynne Davenport Charitable Fund Joanne Thyken and Sylvia (Thyken) DeBusk Foundation Black Philanthropy Initiative Spendable Fund The Denny Fund for the Phoenix Symphony Tierra Amour Fund Bridges Association in Memory of Edith Litchfi eld Denny Thomas F. Tobin Foundation Natural Disaster Fund for Cable One Associates Desert Botanical Garden The Tollefson Trust: Richard L. Tollefson, Jr. Chkalov Village Fund Bill Desmond Writing Fellowship Fund The Diane & Gary Tooker Family Charitable Fund Emily’s Toys 4 Joy Eberhart Fund for the West Valley Symphony Triple “R” Foundation empowerkidsPalestine! Roger and Ann Edwards Fund Tucson Electric Power Company (TEP), empowerkidsSouthSudan! Paul D. & Esther N. Erwin Fund and UNS Electric, Inc. (UNSE) Voluntary Solar Extraordinary Educators License Plate Fund Gretchen Frazier Fund Contribution Program Fix.Adopt.Save Fund The Jack & Phyllis French Foundation Suzy Van Sickle Fund R.S. & Margaret Fox Administrative Fund Helene P. Gilchrist Endowment Linda Pomeroy Vaughan Fund Global Pathways Institute Fund The Grapple Fund Verma Charitable Foundation Canyon River Community Hospic Kenneth R. Grigsby & Evelyn R. Grigsby Fund The Wade Charitable Fund Ideation Nation Fund Anne Maureen Hanna Designated Fund Robert & Naomi Waldman Foundation Latina Giving Circle Anne Maureen Hanna Scholarship Fund Lucas Henry Walter Foundation Latina Giving Circle Endowment Helena Harvey Fund Waram-Subbiah Fund Love for Lokomotiv Linda Haskell Memorial Fund Everett & Elaine Warner Fund Maravilla Education Fund J. E. Donald Hastie Fund Richard & Linda Warren Charitable Fund NBAZ Employee Giving Account William Randolph Hearst Endowment for The Wayne Foundation Nevada Community Hospice Music Education Outreach for the Phoenix Daryl G. & Louis A. Weil III Charitable Fund Next Generation Philanthropists Symphony Association The Welborn Family Fund Nonprofi t Collaboration Research Fund Helping Get Youth Educated West Family Foundation ONE Community Foundation Kax Herberger Rosie’s House Designated Fund Brian Thomas White Fund Phoenix Against Domestic Violence Fund Lee & Florence Hines Advised Fund Edward A. White Family Foundation Phoenix IDA Collaborative Fund Andrew L. & Agnes L. Hopper Charitable Fund Hunter White Memorial Fund REACH Foundation: Resources for the Wilma M. Howell Memorial Fund Anne & Bob Williams Mummy Mountain Education of Apache Children Opal J. Hughes Designated Fund Memorial Trust Read On Arizona Collaborative Fund Arthur Ivener Perpetual Charitable Fund Anne P. & Robert A. Williams, Jr. Fund Real Engagement Through Active Philanthropy Mary S. Johnson Fund Gus Williams Memorial Fund (REAP) Jones Fund for Public Broadcasting Radio Service Suzanne T. & Donald C. Williams Fund Social Venture Partners Arizona Jones Fund for the Union of Concerned Scientists Adrian Wilson 24 Foundation Sports Philanthropy League Jones Fund for Wheels of Humanity Wilson Brown’s Point Foundation Startup AZ Foundation Merald W. “Buzz” & Sue Jones Fund Wolf Family Charitable Fund State of Black Arizona Ruth Kaspar Scholarship Endowment Fund for Porter Womack Fund Stop Bullying AZ Fund the Scottsdale Artists School Lisa A. Wright Fund Summer Youth Program Fund Lucile B. Kaufman Fund D. Ronald & Joan G. Yagoda Fund +swappow PLUS Foundation Fund Sharon V. King Fund Anthony and Eileen Yeung Endoscopic TGen Concussion Research Fund Kiwanis Club of Tempe Foundation Spine Foundation Valley Partnership Charitable Fund Kress Family Foundation Stephen & Denise Zabilski Fund Velocity C. R. Krimminger Fund Verde Valley Community Hospice Joe Larson Fund Vi at Silverstone Educational Fund Joseph S. Lentz & Mary Trigg Lentz Fund 70 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Bead Museum Fund APS Fund for Rural Development Colette & Charles B. McGarvie Charitable Fund Maricopa Medical Center Auxiliary Burn & The Arizona Children’s Trust Fund McKesson Children’s Fund Trauma Campership Fund Arizona Early Education Endowment Fund Elizabeth P. Meyer Memorial Fund Master Apprentice Programs Fund Arizona Early Education Fund Myron R. Pexton & Ieleen S. Pexton Fund J. Patrick McCarthy Charitable Fund Ernest V. Athos Fund Victor and Katherine Piccoli Endowment Fund James F. and Margarita S. McGrath Designated Fund Dorothy H. Ayres Fund Hank & Barbara Pickrell Fund Richard H. & Alice R. McMurry Fund B & L Fund for the Arts The Piper Fund for Children LaDonna Merkel Fund for Helping Hands for Joe R. Ballard Fund Benjamin W. & Pauline J. Power Fund the Homeless Philip L. Bondy Memorial Fund Betty Power Fund Micel Family Fund Joseph Michael Bongiorno Fund Keith Power Fund Ira & Mildred Mitchell Foundation Dr. William C. Brandon Foundation Kent & Joyce Power Fund Gertrud J. Moody Faith Presbyterian Church Fund Steve Brock Memorial Fund for Children Lynne P. Power Fund Glen E. and Patricia L. Moore Fund Stanley & Eleanor Bryant Fund for the Prevention Wilbur & Frances Power Fund Shirley Murley Memorial Fund of Child Abuse Minnie M. Ross Fund Neighborhood Ministries Designated Fund The Robert & Helene Burrows Fund ACF Eleanor Rosser Early Education Fund Fred Runnels Padgett Charitable Foundation Calligaro Fund for Children & Elderly Eleanor B. Rosser Field of Interest Fund ACF Parker Designated Fund Betty & Herbert Carnes Fund Rural Development Fund Elias & Gloria P. Paul Fund Betty Carnes Endowment Fund Laura J. Sleizer Fund George A. Pfanz & Anna E. Pfanz Fund Helen B. Cash Fund for the Elderly The Sommer Family Charitable Fund Phoenix Children’s Hospital Harry & Eunice Caspers Fund Max A. Springer & Clara E. Springer Fund for Children Phoenix Museum of History Cavness Fund St. Arnault Fund Phoenix Zoo A. Cherne Foundation Fund for Children Charles Steiner Memorial Fund Mabel Burnham Poertner Zoo Fund The Cohn Financial Group, Inc. Fund for Helen Vincent Fund for Crippled Children Lynne P.H. Power for Stephen’s County Community Development Scott James Wallin Endowment Fund Humane Society Naomi Craig Fund Weil Foundation Fund Shirley G. Provo Trust Fund Walter Davis Drug Education & Rehabilitation Fund Deborah Whitehurst Fund for the Arts George & Rose Puchall Charitable Fund A. Wallace Denny Fund for Music Education Robert T. Wilson Children’s Fund Richard A. Reber Fund Gary Dean Dietrich Memorial Fund The Wortz Family Fund for Early Childhood Reiss Family Foundation Jack Findlay Doyle, II Charitable Fund Development Eleanor B. Rosser Designated Fund John & Delys Ellis Fund Lloyd Young Charitable Fund Ruth L. Daehler Charitable Fund The Gladys Falvey Fund C. Edward Youngman Fund Sage Family Foundation Margaret T. Francis Fund Frank N. & Evelyn S. Sanich Endowment Fund Gertrude Friedman Fund for Children FISCAL SPONSORSHIPS Ernest & Evelyn Sauer Charitable Fund Eugene Fuller Fund for Mental Health Scottsdale Railroad Designated Fund Eugene Fuller Trust for Children Arizona Historical Society Project Fund Rozanne Peck Season for Sharing Designated Fund Fund for Social Justice Arizona ProArte Eugenie Radney SENG Fund Eleanor A. Gensemer Children’s Health Fund Arizona Second Century Tovrea Castle Project Shattuck Family Foundation Lewis E. & Irene S. Glezen Charitable Fund Arizona Voices Institute Sheldon Fund for the Iowa Department of Globe Fund for Children Authentic Connections Fund Natural Resources Golden Fund The Be Kind People Project Sheldon Fund for the Zoological Society of Douglas & Margaret Goodlund Fund Daddy Read a Book San Diego Michael Goodwin Fund Daddy Read a Book Admin Sub-Fund Special Olympics Arizona Designated Fund The Art & Betsy Grandlich Foundation for Animals Families Giving Back St. Mary’s Food Bank Robert M. Greening and Marcella Greening Fund First Serve Tennis Foundation Starbuck/Phoenix Children’s Hospital Hal & Jean Grossman Foundation Gave In America Starbuck/St. Mary’s Food Bank The Dorothy Gustafson Fund for Pima County La Vida Robots Charles & Ruth Stone Charitable Fund Hall Fund for Open Space Preservation & MyBillofRights.org–The Bill of Rights Sun Cities Symphony Orchestra Urban Beautiﬁ cation Monument Project Ardele H. Sweeney Charitable Fund Helen Joanne Hamer Fund Redeemer Outreach Foundation James & Eileen Tait Fund Anne Maureen Hanna Field of Interest Fund Skate Aft er School Thomas F. Tobin Designated Fund Douglas P. Holloway and William M. Passmore Trust HEROES For Students Foundation Thomas F. Tobin CCF Designated Fund Fund for the Homeless Teacher Retention Project Julia Carpenter Tumalty Memorial Fund Raymond Huger Fund for Mental Health World Populations & Human Values Valley of the Sun United Way–Paul Vermes Estate Fund Arthur Ivener Fund for Cancer Prevention & Research David and Gladys Wright House Foundation James E. Wallin and Myrtle Wallin Endowment Fund Janford Fund Everett Warner Fund for Interfaith Cooperative Jones Fund for Spinal Cord Injuries NONPROFIT FUNDS Ministries Jones Fund for the Terminally Ill Carroll M. & Beulah R. Whitcher Fund Ferne L. Jordan Fund ABC Designated Fund Gail Yates Fund for Junior Achievement Helen Dyar King Fund ABC Endowment Fund Yeung Endoscopic Spine Center Designated Fund Elsa Klock Fund for At Risk Youth Shirley Agnos Legacy Fund Latinos Unidos All Saints’ Episcopal Day School Endowment FIELD OF INTEREST FUNDS Hildene Lazarus Education Fund All Saints’ Episcopal Church Endowment Fund Lesbian, Gay, Bisexual, Transgender & Questioning Arizona Animal Welfare League (AAWL) ACF Environmental Fund Community Fund Endowment Fund Robert L. & Aleene M. Adams Children’s Fund Male Education for Non-Violence Fund Arizona Bridge to Independent Living American Greyhound Race for Children George & Virginia Marco Fund Arizona Cactus-Pine Girl Scout Council ARIZONA’S VOICE, PRESERVED AND MANAGED 71

Arizona Cactus-Pine Girl Scout Council Fountain Hills Presbyterian Church Reserve Fund A Stepping Stone Foundation Classroom Designated Fund Lorraine W. Frank Endowment Fund Endowment Fund ACBVI Reserve Fund Friendly House Foundation Fund Beverly Dryer Stewart Nonprofi t Fund Arizona CPA Foundation Friends of AYSA Endowment Del Webb Sun Cities Museum Endowment Arizona Elk Society Fund Friends of Chandler Public Library Foundation Del Webb Sun Cities Museum Arizona Equal Justice Endowment Fund Future Farmers of America Fund Sun City Area Interfaith Arizona Forward Fund for a Sustainable Future Billie Gannaway Memorial Scholarship Fund Sun Valley Lodge Reserve Fund Arizona Grantmakers Forum Reserve Fund Gilbert Education Foundation Endowment Surprise Sundancers Reserve Fund Arizona Grantmakers Forum Gompers Endowment Fund Theater Works Endowment Fund Arizona Indian Centers Designated Fund Margaret and Bob Renaud Charitable Trust Unity of Phoenix Fund Arizona Indian Centers Fund Gompers Investment Fund Unity of Phoenix Reserve Fund Arizona Interfaith Movement Golden Rule Polk Grand Canyon National Park Fellowship Fund Valley Leadership Legacy Fund Endowment Fund Hacienda Inc. Endowment Fund Valley of the Sun School Arizona Musicfest Designated Fund Hacienda Skilled Nursing Facility, Inc. Valley of the Sun United Way Arizona Musicfest Endowment Fund The Heard Museum Valley of the Sun United Way Designated Fund Arizona National Livestock Show Endowment Kax Herberger Rosie’s House Endowment Fund West Valley Arts Council Endowment Fund Arizona National Scholarship Fund The Herberger Theater Center Designated Fund West Valley Arts Council Spendable Fund Arizona Nurses Foundation Designated Fund The Herberger Theater Center Endowment Fund West Valley Genealogical Society Nonprofi t Arizona Nurses Foundation Heritage Square Endowment Fund Reserve Fund Arizona School Health Care Heritage Square Reserve Fund Arizona School Health Care Designated Fund Hispanic Women’s Corporation PROJECT FUNDS Arizona Town Hall Fund Hispanic Women’s Corporation Designated Fund Arizona’s Children Foundation Endowment Fund Carol Kamin Early Childhood Endowment Fund ACF Basic Needs Fund Asian Corporate and Entrepreneur Leaders Fund The Kax Stage Fund ACF Disaster Relief Fund Asian Pacifi c Community in Action Reserve Fund McDowell Sonoran Land Trust Preservation ACF Good Works Fund Butterfi eld Musicales Programs Endowment Arizona Indicators Project Fund Cancer Support Community–Arizona Fund McDowell Sonoran Land Trust Preservation Border Philanthropy Partnership Fund Friends of Chandler Public Library Designated Fund Programs Reserve Fund FLGBTQI + ADAM Queer Youth Initiative Chandler Symphony Orchestra Endowment Fund MCIDA Reserve AZ Healthy Food Initiative Chandler Symphony Orchestra Reserve Fund Metropolitan Youth Symphony Endowment Fund Hispanics in Partnership Chicanos Por La Causa Community Development Metropolitan Youth Symphony Fund KJZZ Science and Innovation Desk Fund Designated Fund Central Arizona Chapter Fund Million Women Mentors Initiative Chicanos Por La Causa Community The Neighborhood Christian Clinic Endowment Fund Nonprofi t Capacity Building Landscaping Project Development Fund New Life Society Reserve Fund Pakis Center for Business Philanthropy Children First Foundation Endowment Fund Parents Anonymous of Arizona Designated Fund Target Community Support Children First Foundation Reserve Fund Parents Anonymous of Arizona Endowment Fund Target Field Trips Fund Children’s Benefi t Foundation Inc. Phoenix Country Day School Fund VISTA-ACF Initiatives Project Fund Jean Clark Fund Phoenix IDA Community Development Fund Desert Cancer Foundation of Arizona Phoenix Jaycees Community Welfare Fund SCHOLARSHIPS Endowment Fund The Phoenix Symphony Endowment Fund #2 Tempe Diablos/Active 20-30 Club of Scottsdale Fund Phoenix Union Foundation for Education ACF Administrative Scholarship Fund Tempe Diablos/Craig & Sandy Ankeney Fund Endowment Fund ACF Memorial Scholarship Fund Tempe Diablos/John & Barbara Bebbling Fund Phoenix Union Foundation for Education ACF Scholarship Fund Tempe Diablos/Joseph Michael Bongiorno Fund Reserve Fund Alhambra Foundation for the Future Scholarship Fund Tempe Diablos/Steve & Tina Bork Fund KJZZ Strategic Initiative Fund ACMA Andrews and Esser Scholarship Fund Tempe Diablos/Edward Busch Family/ Public Radio Future Fund for KJZZ/KBAQ Angel-Entrepreneurs Scholarship Fund Kiwanis Club of Tempe Scholarship Fund R&R Respite Fund Arizona Asian-American Law Scholarship Fund Tempe Diablos Endowment Fund River of Time Museum Foundation Arizona Gear Up Foundation Tempe Diablos/Fiesta Bowl Fund Vicki Romero Educational Support Foundation Marc T. Atkinson Scholarship Fund Tempe Diablos/David Horton Fund Ronald McDonald House Charities Fund Jacques Avent Scholarship Fund Tempe Diablos/The Dean and Roz Jacobson Rotary Charities Designated Fund AZHCC Foundation Scholarship Fund Endowment Rotary Charities Endowment Fund Best Western International Scholarship Fund Tempe Diablos/Don & Barbara Liem Fund Scottsdale Railroad and Mechanical Society Guinn B. Burton Medical Scholarship Fund Tempe Diablos/Doug & Linda MacArthur Fund Endowment Fund Camelback High School Scholarship Fund Tempe Diablos/Weber Family Endowment Fund Senior Services Foundation of Fountain Hills Fund Sylvia Chase Research Scholarship Fund Educare Arizona Reserve Fund SOAR Carolyn Coles O’Neil Corbet Memorial Foothills Community Foundation Education Sojourner Center Scholarship Fund Endowment Fund Sonoran Arts League Endowment Fund Cox Volunteers Development Scholarship For The Animals Fund Sonoran Arts League Designated Fund Creating Pathways Fund Foundation for People with Disabilities Southwest Autism Research & Resource Center Hayzel B. Daniels Scholarship Fund Reserve Fund (SARRC) Endowment Fund The Dee-Dee Scholarship Fund Fountain Hills Community Foundation Southwest College of Naturopathic Medicine and Kay T. DeMichele Angel Tree Scholarship Fund Fountain Hills Community Foundation Health Sciences Fund Ed Denison Memorial Technology Scholarship Fund Designated Fund Southwest Human Development Children’s Dorrance Scholarship Program, LLC Fountain Hills Cultural & Civic Association Designated Fund Dorrance Scholarship Fund Reserve Fund Southwest Human Development Children’s Fund Doughton Scholarship Fund 72 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Don & Elizabeth Doyle Fellowship for a TYA Artist HonorHealth Scottsdale Auxiliary Golden Malpai Borderlands Endowment Fund Merle Earnshaw Memorial Scholarship Fund Anniversary Scholarship Spendable The Fund With No Name Dr. Norbert A. Ehrman Scholarship Fund Seed Money for Growth Foundation Northern Cochise Fund Nancy Engebretson Memorial Scholarship Fund Helen Jean Simpson Scholarship Fund The T. F. Perrine Family Charities Fund Ewing Employee Assistance Foundation Fund Sponsors for Scholars Fund Pioneer Title Community Fund James A. Fortmann Scholarship Fund Max A. Springer & Clara E. Springer Ryan Miele Endowment for Animal Welfare Frankel Trust to Empower Jewish Youth Arizona State University Scholarship Fund Science, Math & Technology Innovation Fund GEAR UP Scholarship Fund Max A. Springer & Clara E. Springer Sierra Toyota Fund Jerome & Gale Glaser Fund University of Arizona Scholarship Fund Sierra Vista Regional Health Center Auxiliary Globe High Alumni Scholarship Fund Step by Step: Scholarship Fund for Scholarship Geri Craig Hamersley Scholarship Foundation Humanitarian Travel Southern AZ Veterans Memorial Cemetary Fund Bradley Hanson Memorial Fund Stocks Family Foundation Albert R. & Nellie D. Spikes Fund Don & Sybil Harrington Scholarship Fund Surprise Sundancers Scholarship Fund Strengthening Rural Arizona Southeast Region Fund Larry Hellestrae Memorial Scholarship Fund The Two Worlds Community Foundation SVHS Museum Fund Kax Herberger Fund for Talented Children Barbara & Robert Swan Scholarship Fund Water Conservation NGO Austin S. Hicks Hope and Promise Scholarship Alexandra Ryan Swanson Live Your Dream Estellean Wick Cochise Community Scholarship Fund Andrew L. Hopper Scholarship Fund Scholarship The Robert J. Wick Family Foundation Kilt Calendar Girl Scholarship Fund Swift Tansportation Employee Scholarship Fund The Walter M. Wick Family Foundation Helen Dyar King Scholarship Fund Tashman Fellowship Fund The Lake Design Foundation Fund Ben Thomas Blue Ridge Eagle Scout Arizona Community Foundation of Flagstaff Curtis Roy Larson Memorial Scholarship Fund Scholarship Fund ACF Northern Region Lee Family Memorial Scholarship Fund Tri-City Cardiology Scholarship Fund The Anser Fund Buzz & Hazel Leslie Scholarship Fund Walt Vikram Troester Memorial Scholarship Fund The Arboretum at Flagstaff Designated Fund T.W. Lewis Foundation Wilna G. Tygum Scholarship Fund The Arboretum at Flagstaff -Skyview Endowment Andria Ligas Memorial Scholarship Award Norval O. Tyler Scholarship Fund The Bene Family Fund Vernie & Flora Lindstrom Golf Scholarship Fund Valle Del Sol-Rosa Carrillo Torres Memorial Fund Big Brothers of Flagstaff & Big Sisters of Jordan Jae Lipsman Memorial Fund Margaret Warren Scholarship Fund Northern Arizona Lodestar Single Parent Scholarship Steve & Chris Warsaw Foundation Biggerstaff Science Scholarship Fund Jack Londen Memorial Scholarship Fund Washington Street Fund Ann C. & Brian E. Blue Family Fund Los Abogados Endowment Fund Amy Wasserman Scholarship Fund Brown Family Foundation Los Abogados Spendable Fund The WESTMARC West Valley Youth Leadership Capstone Health Fund Joseph and Virginia Madek Charitable Scholarship Program Ernest & Evelyn Chilson Fund Scholarship Fund Kieren McErlain Williams Scholarship Christie’s Charitable Fund Make It So Foundation Buddy and Tom Wise Scholarship Fund Colorado Plateau Foundation Robert Manring Scholarship Fund Youth Angels –The Erika and Roger Greaves The Elliott Family Fund Martinson Foundation Scholarship Fund Environmental Sustainability Fund Jeff rey D. McClelland Scholarship Fund YWCA Harriet M. Heatherington Scholarship Fund Flagstaff Environmental Education & Kristin Millin Memorial Scholarship Fund Conservation Fund Myers Family Charitable Fund School Tuition Organization Flagstaff Youth Fund Gerald E. Myers & Juanita T. Myers Disabled/Displaced Corporate Income Tax Flagstaff Capacity Building Fund Charitable Foundation Credit Program Flagstaff Community Fund Native Public Media Scholarship Fund School Tuition Org Grant Fund Flagstaff Education Fund NBA Committee Pipeline Development Original Individual Income Tax Credit Program Flagstaff Family Food Center George McCullough Scholarship Fund Low-Income Corporate Income Tax Credit Program Memorial Endowment Catherine M. Newman Memorial Scholarship Fund Switcher Individual Income Tax Credit Program Flagstaff Health Care Fund Oehme Scholarship Fund Flagstaff P-12 Educational Resources Fund Melva Joan Owens Scholarship Fund REGIONAL AFFILIATE FUNDS Fund for Flagstaff Public Library Designated Fund Own Your Legacy Scholarship Fund for the Flagstaff Public Library Foundation Phoenix Union High School Alumni Association Arizona Community Foundation of Cochise Flagstaff Rotary Endowment Scholarship Fund ACF Southeastern Region Flagstaff Social Services Fund Vicki Piña Scholarship Fund Arizona Firefi ghters Fund Flagstaff Unifi ed School District (FUSD) Foundation Pogal Family Teacher Scholarship Bisbee Boys & Girls Club Fund Forest Highlands Foundation Rev. & Mrs. Kostas Poulakidas Scholarship Fund Borderlands Fund Friedland Fund For Compassion Pride Scholarship Fund C.A.R.E. Fund Friends of Camp Colton Pride Scholarship Fund - Spendable The Brooke Ashleigh Coates Fund Geile Charitable Fund QU Scholarship Endowment Cochise Arts & Culture Fund GeoFund QU Scholarship Fund Cochise Community Fund Genevieve W. Gore Fund Recreative Art Center Scholarship Fund Cochise Environmental Fund Grand Canyon Youth Fund Lodine Robinson NAWIC Endowment Fund Cochise Health & Wellness Fund Grand Canyon Association Wildlife Designated Fund Lydia A. Rondeau Scholarship Foundation Cochise Life-Long Learning & Literacy Fund Grand Canyon Association Endowment Fund Raymond H. Rondeau Scholarship Foundation Cochise Veterans Fund Grand Canyon Association/Greenway Trail Syring - Ryerson Scholarship Fund Douglas Area Community Fund Maintenance Fund Sagewood Residents’ Foundation Scholarship Fund Friends of the Huachuca Mountains Hopkins Fund Grand Canyon Music Festival Endowment Fund HonorHealth Scottsdale Auxiliary Golden Bob Holcombe Fund for Educational/Vocational Success Grand Canyon Association/Wildlife Protection Fund Anniversary Scholarship Endowment Hospice Fund Greater Williams Community Fund John Lawrence Kurdeka Fund for the Environment The Literacy Center Nonprofi t Endowment Fund ARIZONA’S VOICE, PRESERVED AND MANAGED 73

Loaves & Fishes Fund Edward M. & Mary P. Foley Fund Virginia O. Kieckhefer Memorial Fund Mahler-Ring Scholarship Fund Javus B. Fortmann Scholarship Fund Kent and Donna Kleinkauf Fund Malapais Fund Greater Sedona Fund for the Environment Janet Codding Law Enforcement Canine Fund McClanahan Family Unrestricted Fund Thomas M. Leenhouts, M.D., Northern Arizona Eunice Lovejoy Charitable Gift Annuity Merkel Charitable Remainder Trust Endowment for the Arts Lillian & Gordon Macgregor Scholarship Fund Museum of Northern Arizona Ecological Ethel M. Low Memorial Fund for Yavapai Regional Medical Center Foundation Endowment Fund Lillian & Gordon Macgregor Scholarship Richard & Jonne Markham Fund Flagstaff Music Education Fund Fund of Sedona Wanda Lee McCall Designated Fund Northern Arizona Early Education Fund Pat Marr Memorial Scholarship for Margaret T. Morris Children’s Fund Northland Family Help Center Fund Vocational Excellence New Horizons Hinderleiter Trust Endowment Fund Northland Hospice and Palliative Inc Martinez Family Fund Ophthalmic Science Foundation Northland Hospice Endowment Fund Miracle Leadership Development Fund Audrey & Gus Pabst Fund Peggy’s Basket Northern Arizona Charitable Fund Painted Vision Foundation Peshlakai Cultural Foundation Northern Arizona Scholarship Fund Paulden Ranch Pickard Arts & Culture Fund for Flagstaff The Ousley Foundation People Who Care Endowment Fund Pixie Dust Foundation Jim & Cecelia Rappaport Community Fund The Phillips Family Foundation Patricia L. Pollak Charitable Gift Annuity Sedona Animal Welfare Fund Phippen Museum Designated Fund The Dr. Henry Poore Fund Sedona Arts Fund Phippen Museum Endowment Lillian R. & James M. Reed Charitable Fund Sedona Arts Center Legacy Fund PHS Alumni Half Century Club Seeger Family Fund Sedona Capacity Building Fund Barbara Jean Polk Spirit of Mary Ann Stone Teaching Scholarship Fund Sedona Businesses Giving Back Fund Volunteerism AWEE Endowment Ganado High School Sedona Community Fund Polk Family Fund Reverend Paul Stone Fund for Ganado Sedona Health Care Fund Prescott Charitable Fund Presbyterian Church Sedona Public Library Foundation Fund The Prescott College Fund Stone Soup Fund Tolerance Learning Center (TLC) Fund Prescott Creeks Endowment Fund Strengthening Rural Arizona Northern Region Fund John & Carole Wooldrik Fund Prescott Education Foundation Sunshine Rescue Mission Endowment Fund Prescott Education Scholarship Foundation Theatrikos Theatre Company Endowment Fund Arizona Community Foundation of Prescott Gateway Music & Art Fund George A. Trigueros Guitar Performance Fund Yavapai County Prescott Leadership Recognition Fund Sue & George Trigueros Nature Fund ACF North Central Region Prescott YMCA Youth Endowment Fund United Way of Northern Arizona Endowment Adult Day Care Charitable Fund of Northern Arizona Fiona Reid Scholarship Fund Flagstaff Victim Services Fund Julie Hall Allison Charitable Fund Alfred H. Shamberg & Virginia E. Shamberg CRUT #1 Diane I. Wasson University Women Scholarship Peter N. Allison Foundation Norma Geri Smith Designated Fund Fund John A. and Marion J. Baker Charitable Gift Annuity Spanier Family Foundation Fund Whale Foundation Long Term Boys and Girls Clubs of Central Arizona Stidworthy Charitable Fund Willow Bend Environmental Education Nonprofi t Fund Strengthening Rural Arizona North Central Center Endowment Boys to Men Nonprofi t Reserve Fund Region Fund Mickey Witkoff Native American Art Scholarship Michael Brown Charitable Gift Annuity Swift Charities Disaster Relief Fund The Camp Verde Healing Arts Scholarship Fund Taney Tambini Foundation Arizona Community Foundation of Camp Verde Library Designated Fund The Prescott Meals on Wheels Endowment Fund the Gila Valley Camp Verde Library Endowment Fund Valley Orthopedic Foundation Ft. Thomas High School Scholarship Fund William & Patricia Carpenter Fund Walzer Endowment for the Yavapai Humane Society Gila Valley Administrative Fund Central Arizona Land Trust Endowment Fund West Yavapai Guidance Clinic Foundation Gila Valley Arts Council Fund Douglas Hunter Clack & Linda Clack West Yavapai Guidance Clinic Foundation Gila Valley Success Fund Hernandez Fund Reserve Fund Graham County Community Fund CCJ Home Repair Endowment Fund West Yavapai Physicians Foundation Greenlee Community Fund Coalition for Compassion and Justice Francis Marion Wildman III Memorial Fund Mt. Graham Safe House Fund Endowment Fund Yarnell Hill Fire Disaster Relief Fund Pima High School Scholarship Fund Susan N. Coleman Kino Bay Scholarship Fund Yarnell Hill Fire Memorial Scholarship Prina Family Scholarship Fund Copper Basin Bible Camp Endowment Fund Saff ord Community Fund Cross Family Foundation Yavapai Big Brothers Big Sisters Endowment Saff ord High School Scholarship Foundation Fund Dunn Testamentary Fund Yavapai County Administrative Endowment Thatcher Community Fund Ecosa Institute Nonprofi t Endowment Fund Yavapai County Children’s Fund Thatcher Schools Scholarship and Educational Ecosa Institute Nonprofi t Reserve Fund Yavapai County Community Fund Foundation Fund Education Foundation of Yavapai County Yavapai County Fund for the Environment UW of Graham County Endowment Fund Kristi & Dale Edwards Charitable Gift Annuity Yavapai County Healthcare Fund UW of Graham County Reserve Fund Green Family Open Space Endowment Fund Yavapai Humane Society Endowment Fund Betty Griggs Charitable Gift Annuity Yavapai Information Resource Development Fund Arizona Community Foundation of Sedona Highlands Center for Natural History YSA Operations Reserve Fund Enchantment Resort’s Boynton Canyon Designated Fund YSA Scholarship Reserve Fund Preservation Fund Highlands Center for Natural History Bill & Susan Cammock Charitable Fund Endowment Fund Arizona Community Foundation of Yuma Christ Lutheran Church MEF - Endowment Hungry Kids Project ACF Western Region Christ Lutheran Church MEF- Designated Kay and Dave Jenner Fund Fund for Animal Welfare in Winterhaven/ Christ Lutheran Church MEF- Land Sale Kati Kelly Fund Bard California Christ Lutheran Church MEF- Outreach Robert H. Kieckhefer Fund Fund for Animal Welfare in Yuma County 74 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

ANWEY2-Spay/Neuter Fund LOCAL PHILANTHROPY FUNDS Wickenburg Community Funds Helene Thomas Bennett Health Career Scholarship Corinne Quayle Advised Fund Charity House Project Fund Desert Mountain George F. Wellik Scholarship Tim & Eileen Dunn Family Fund Desert Mountain Collaborative Fund Wickenburg Community Services Corporation Fund Education Foundation of Yuma Nonprofi t Fund Desert Mountain Community Foundation Nikki Ferguson Healthcare/Business Scholarship Scholarship Endowment AFFILIATE PARTNER FUNDS Janice Fife Yuma Fund Desert Mountain Community Foundation Fray Juan Diaz 1806 Fund Scholarship Fund The Bisbee Foundation Marion F. Griffi n Memorial U of A Agriculture Desperados Trail Scouts Fund Bisbee Evergreen Cemetery Fund Scholarship Fund The Bisbee Foundation Endowment Fund Max A. Hall Family Charities Green Valley Kenneth N. Harrison Memorial Scholarship I-19 Corridor Fund The Hopi Foundation Hegarty & Wright Memorial Fund The Barbara Chester Award Endowment Fund Hospice of Yuma Endowment Fund Page/Lake Powell Community Funds Hopi Foundation Designated Fund Hospice of Yuma Fund Copeland Memorial/Soroptimist Education Fund Hopi Foundation Endowment - Administrative Fund The Hunger Fund Page Community Pride Fund Hopi Foundation Endowment Fund-Unrestricted Walter Keith Irwin Memorial Scholarship Fund Page/Lake Powell Community Fund Hopi-Steven Thayer Scholarship Fund The Russ & Janet Jones Family Fund for the Arts Page/Lake Powell Regional Scholarship Fund Colette & Charles B. McGarvie Designated Fund Elizabeth B. Kenyon Fund Marguerite Bowden Reed & Amelia Shubitz Ronald A. Martin Family Fund Patagonia Regional Community Funds Educational Fund Albert W. & Doris Merrifi eld Hospice of Yuma Fund Friends of the Patagonia Library Endowment Fund Amy Shubitz Endowment Fund Gertrud J. Moody & Robert C. Moody Yuma Fund Friends of the Patagonia Public Library Gertrud J. Moody & Robert C. Moody Yuma Designated Fund Library Fund Mar-Walt Fund Gertrud J. Moody Scholarship Fund PRCF Community Fund Jones & Brigida Osborn CRAT PRCF Scholarship Fund John Theodore & Pamela Sharpe Osterman Fund Patagonia Town Fund June Pallack Scholarship Fund Quartzsite Area Fund for Libraries Scottsdale Community Funds C.E. & Ruby Rice Crossroads Mission Fund CVS Caremark Scottsdale Endowment for Senior Care Riedel & Garcia Scholarship Fund Herbert R. Drinkwater Youth Services Fund Cal Roberts Fund for the Yuma Visually Impaired Rassner Memorial Scottsdale Library Rodriguez Scholarship Fund Endowment Fund San Luis Community Fund Scottsdale Artists School Vanita A. Schwenn Scholarship Fund Scottsdale Community Endowment Fund Shadle Cancer Support Fund Scottsdale Employee Endowment Fund Barbara Shay Memorial Nursing Scholarship Scottsdale Historical Society Endowment Fund Gene Shay Memorial Scholarship Fund Soldwedel Family YCF Administrative Endowment Tempe Community Foundation Somerton Youth Endowment Fund Elsa K. Klock Tempe Community Center Fund Somerton Youth Fund Tempe Community Action Agency Strengthening Rural Arizona Western Region Fund Designated Fund Sturges Charitable Trust Combined Fields of Tempe Community Action Agency Interest Fund Endowment Fund Sweetland Library Fund Tempe Community Foundation The Wood Family Fund Tempe Community Foundation Endowment Fund YANPI Fund Tempe Community Foundation Endowment in YEP! Project Fund Memory of Annette Voth Yuma Arts & Culture Field of Interest Fund Yuma Border Fund Tuba City Community Funds Yuma Community Fund Tuba City Arts & Culture Fund Yuma Conservation Garden Endowment Tuba City Regional Community Fund Yuma Fine Arts Association Fund Yuma Health Care Fund West Valley Community Funds Yuma Rotary Foundation Fund Harquahala Generating Company, LLP-Harquahala Yuma Scholarship Fund/Enrichment Programs Community Fund Yuma Scholarship Fund/High Schools Bill & Vera Olsen Education Fund Yuma Unifi ed Medical Associates Scholarship Fund Scholarship Fund for Buckeye Valley Yuma Veterans Fund Saul N. Silbert Charitable Foundation Yuma Veterans Recoverable Loan Project Saul N. Silbert Designated Fund Strengthening Rural Arizona Fund ARIZONA’S VOICE, PRESERVED AND MANAGED 75

ACF Supporting Lodestar Foundation: Lois Savage, President*; Organizations & Jerry Hirsch, Vice President; M. Joyce Geyser, Secretary; Boards of Directors C. J. Theobald Odom Family Foundation: Douglas Odom, Chair; Teresa Odom Gann, Vice Chair; Steve Seleznow, President*; Jeﬀ rey Sauter, Secretary/Treasurer*; Ron Filson; Lora Golke; Melissa Hangsleben

AFC Public Foundation: William Andrew, Chair; Richard A. Odom Family Foundation: Richard Odom, Chair; Edward Andrew, Vice Chair; Steve Seleznow, President; Steve Seleznow, President*; Jeff rey Sauter, Secretary/Treasurer*; Jeff rey Sauter, Secretary/Treasurer*; Jacky Alling; Kimberly Kur; Lora Golke; Melissa Hangsleben; Jennifer Odom Ash; John Younger Kim Llumiquinga; Kathryn Willett Pakis Family Foundation: Frederick Pakis, Chair; Armstrong Family Foundation: James Armstrong, Chair; Courtney Sheldon, Vice Chair; Steve Seleznow, President*; Jo-Ann Armstrong, Vice Chair; Joan Lowell, President; Jeff rey Sauter, Treasurer/Secretary*; Jacky Alling; Donald Goldman; Jeff rey Sauter, Secretary/Treasurer*; Patrick Armstrong; Todd Belfer; Joan Lowell; Stephen McConnell; Geoff rey Pakis; Grant Pakis Brent Mekosh; Steve Seleznow Edward J. Robson Family Foundation: Edward Robson, Chair; Burton Family Foundation: Christine Burton, Chair; Mark Robson, Vice Chair; Steve Seleznow, President; Jeff rey Sauter, Daryl Burton, Vice Chair; Steve Seleznow, President; Secretary/Treasurer*; Jacky Alling; Herman Chanen; Gary Dokes; Jeff rey Sauter, Secretary/Treasurer*; Kimberly Kur; Howard Kesselman Michelle Robson

Ellis Center for Education Excellence: Michael Kelly, President; Rodel Charitable Foundation-AZ: Donald Budinger, Chair; Paul Luna, Secretary; Shelley Cohn, Treasurer; Rufus Glasper; Susan Budinger, Vice Chair; Jeff rey Sauter, Treasurer*; Jacob Moore; John Whiteman Steve Seleznow, Secretary; Jackie Norton, President*; Lisa Budinger; William Budinger; Bert Getz; Joan Lowell; Gregg Tryhus; Louis Weil Evans Charitable Foundation: Steve Evans, Chair; Ardie Evans, Vice Chair; Jeff rey Sauter,Secretary/Treasurer; Silverman Family Foundation: Tom Silverman, Chair; Steve Seleznow, President*; Jacky Alling; Glenn Wike Carole Silverman, Vice Chair; Steve Seleznow, President*; Jeff rey Sauter, Secretary/Treasurer*; James Bruner; Lora Golke; First Baptist Church of Phoenix Foundation: Gary Hamman, Allen Hall; Kimberly Kur; Richard Silverman President; Stan Crews, Vice President; Sandra Richmond, Secretary; Jeff rey Sauter, Treasurer*; Cynthia Darby; Reinhard Geissler; Jim Troxell Foundation: Jim Troxell, Chair; Thresa Hickernell; Daniel Riccio; Tom Rychener Joan Allen Troxell, Vice Chair; Jeff rey Sauter, Secretary/Treasurer*; Steve Seleznow, President ; Jacky Alling; Elisa de la Vara; Kimberly Kur; Sam & Peggy Grossman Family Foundation: James Grossman, Susi Morris; Mark Morris; Grace Smith Kaus President; John Grossman, Vice President; Jeff rey Sauter, Treasurer*; Jacky Alling, Secretary; Brady Dolson; Bernard Francois James A. Unruh Family Foundation: Candice Unruh, Chair; James Unruh, Vice Chair; Steve Seleznow, President; Jeff rey Sauter, R.S. Hoyt Jr. Family Foundation: Gregory Hoyt, Chair; Treasurer/Secretary*; Julie Cabrales; Linda Lundeen; Ronald Lundeen; Barbara Hoyt, Vice Chair; Steve Seleznow, President*; Grace Smith Kaus; Theodore Stump; Patricia Stump; Jeff rey Unruh Jeff rey Sauter, Treasurer/Secretary*; Jacky Alling, Secretary; Scot Benefi el; Lora Golke; Briggs Hoyt; Chase Hoyt; Wade Hoyt; Vogel Charitable Foundation: Julie Bowe, Co-chair; Greg Vogel, R. David Threshie; Randy Warner; Kevin Zeigler Co-chair; Steve Seleznow, President; Jeff rey Sauter, Secretary/Treasurer; Jacky Alling Ingebritson Family Foundation: Ron Coleman, Chair; Joan Lowell, Vice Chair; Steve Seleznow, President*; The Wellik Foundation: Eileen McGuire, Chair; Jeff rey Sauter, Treasurer*; Jacky Alling; Stuart Grossman; Alvin Hancock, Vice Chair; Steve Seleznow, President*; Jeff rey Sauter, Howard Kesselman; Thomas McKeever; Tom Weinhold Secretary/Treasurer*; Jacky Alling; Alan Abare; Richard Blakeley; Janette Bryant; William Green; Becky Hays Rovey; Barbara McArthur Molly Lawson Foundation: Michael Lawson, Chair; Andrew Lawson, Vice Chair; Steve Seleznow, President*; Robert Wick Family Foundation: Stan Schuman, Chair; Jeff rey Sauter, Treasurer/Secretary*; Shari Capra; Robert Wick, Vice Chair; Steve Seleznow, President*; Jeff rey Sauter, Kathie Downie-Bogle; Larry Johnson; Doris Lawson; Secretary/Treasurer*; Daniel Garcia; Marilyn Harris; Bernadette Polley; Richard Retter; James Schnur Nathan Wick; Rosemary Wick

Lippincott Family Foundation: Ann Lippincott, Chair; Walter M. Wick Family Foundation: Rebecca Rogers, Chair; BJ Lippincott, Vice Chair; Steve Seleznow, President*; Patricia Wick, Vice Chair; Steve Seleznow, President*; Jeﬀ rey Sauter, Jeﬀ rey Sauter, Secretary/Treasurer*; Gregory Coxon; Secretary/Treasurer*; Sally Holcombe; Angie Laskarides, MA; Michael DeBell; John Gogolak Patrice Miscione; Brenda Sperduti

* NON-VOTING MEMBER 76 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

Board Committees, The impact of the Arizona Community Foundation is Regional Advisors, achieved across Arizona through the dedication of Task Forces & community leaders and staff working together for the good of their communities. The collective knowledge, experience, Initiative Steering and expertise of our Board of Directors, Affiliate Boards Committees of Advisors, Committees, and Task Forces bring professionalism, diversity, and a spirit of inclusion to the work of the Foundation.

BOARD Housing Gift Acceptance Charles Hoyack John Kincaid III COMMITTEES Subcommittee Committee Eric Kaldahl Rabbi Alicia Magal Carol Parry Fox Jim Ryan, Chair Penelope Levario Charles Marr Executive Charley Freericks Mark C. Bohn James Martin Edwin Southwell Committee Mary Martuscelli Neil H. Hiller Paul Melo Paul Zienka Ron Butler, Chair Thomas Maguire Deb Moroney Tony Astorga Investment Arizona Community Shelley Cohn Committee Public Policy Arizona Community Foundation of David Connell Mark Feldman, Chair Committee Foundation of Flagstaff Yavapai County Robbin Coulon Jim Ameduri Lisa Urias, Chair Geoff rey Barnard, Martin Gottlieb, Chair Jack Davis Bill Andrew Shelley Cohn Co-Chair Perry Massie, Vice-Chair Mark Feldman Cameron Black Bob Delgado Catherine Ryan, Steve Bracety, Mary Martuscelli Steve Evans Rich Dozer Co-Chair Immediate Past Chair Jodi Padgett Herb Kaufman Paul Luna Dan Campbell John Amos Jodi Padgett Richard Morrison Daniel Flores Michael Bacci Audit & Compliance Fred Pakis Denise Resnik K. Andrew Fox Patrick Gallagher Committee Jason Riggs Kimberlie Geile-Gonzalez Jenna James David Connell, Chair Hal Tashman Special Assets Patrice Horstman Kati Kelly Tony Astorga Committee Kenneth Lamm Nancy Maurer Charley Freericks Nominating & Steve Evans, Chair Marjorie McClanahan Jim Musgrove Leezie Kim Governance Ellen Steele Allare J. Leslie McLean Tim Naylor Neal Kurn Committee David Connell Susan Schroeder Jodi Padgett Rob Leslie* Jack Davis, Chair Marilyn Harris Mary Taylor Huntley Karen Rizk Marj McClanahan David Connell Linton Kotzin Bernadette Selna Dick Whitney Robbin Coulon Jim Ryan Arizona Community Dan Storvick Paul Luna Foundation of Dawn Wasowicz Finance, Jodi Padgett Affi liate Council the Gila Valley Bill Whittington Administration & Hal Tashman Executive Committee Ted Prina, Chair Penny Wills Budget Committee Jodi Padgett, Chair Royce Hunt, Vice Chair Tony Astorga, Chair Philanthropic Gwen Calhoun Jacque Attaway Arizona Community Mark Feldman Services Barbara Poley Terry Cooper Foundation of Yuma Rufus Glasper Committee Veta Estrada Angie Mitchell, Chair Ann Melsheimer Robbin Coulon, Chair Kay Gale Grant Rodney, Vice Chair Marian Rhodes Gwen Calhoun REGIONAL Eva Harper Matt Molenar, Past Chair Javier Cárdenas BOARDS OF Neil Karnes Charlene Fernandez Impact Investing Stephen Case ADVISORS Suzanne Menges Russell Jones Committee Shelley Cohn Don Smith Ted Owens Mary Martuscelli, Chair Leslie Dashew Arizona Community Laurie Smith Ashvin Shah Harold Dorenbecher Neil Hiller Foundation of Cochise Shirley Turner-Chaplin Gary Smith Steve Evans Michael Kelly Gerardo Gonzalez, Chair Carol Parry Fox Grace Lau Sally Holcomb, Vice Chair Arizona Community Charley Freericks Tammy McLeod Gwen Calhoun Foundation of Sedona Andrew Gordon Barbara Poley Jana Flagler Bill Cammock, Chair Leezie Kim Sharon Gilman Patricia Jansen, Vice Chair Jacob Moore Sally Holcombe Nazih Hazime Jane Pearson Hal Tashman

* NON-VOTING MEMBER ARIZONA’S VOICE, PRESERVED AND MANAGED 77

REGIONAL REGIONAL Northern Cochise Latinos Unidos Professional AFFILIATE COMMUNITY James Martin, Chair Initiative Steering Education Series PARTNER FUND Dan Douglas, Vice Chair Committee Planning Committee ORGANIZATIONS STEERING Kathy Klump Secretary Belen Gonzalez Susan Ciupak, Esq., Chair COMMITTEES Howard Bethel Terri Leon Matthew Donovan, Esq. The Hopi Foundation Phil Clift on Al Molina Donna Esposito, CPA Board of Trustees Page/Lake Powell Kathleen Day-Cain Tony Moya Diana Gometz, CFP Anne Doyle, Chair Brian Carey, President Michael Nelson Alberto Rios T. James Lee, Esq., Beatrice Norton, Lola Riggs, Vice President Anna Nickell Barbara Rodriguez Past Chair Vice Chair Lenore Webber, Secretary Sharon Nigh Mundell Patricia Park, CFP, CPA Paul Kabotie, Treasurer Regina Lane-Haycock, Andrew Terry Christopher Siegle, Esq. Kerry Green, Secretary Treasurer Nancy-Jean Welker Tax & Legal Seminar Louis Silverman, Esq. Angie Harris Bryan Hill Planning Committee Candace Berg Tooke, Iva Honyestewa Kim Larson Pamela Wheeler, EA, Chair CPA, Past Chair Glatrina Kagenveama Wendy Robertson INITIATIVE Deborah Miller, Esq., Michelle Tran, Esq. Monica Nuvamsa Robert Talbot STEERING Vice Chair David Walser, CPA, PFS Marissa Nuvayestewa Jim Walker COMMITTEES Stephen Barber Trevor Whiting, Esq. Susan Sekaquaptewa Brenda Blunt, CPA, CGMA Keith Wibel, CFA Patagonia Region Black Philanthropy Linda Bowers, JD, AEP, The Bisbee Foundation James Schatz, Chair Initiative CFP, Past Chair Board of Directors German Quiroga, Dr. Angela Allen Cynthia Bozik Douglas Dunn, President Vice Chair Sondri Allison, Esq. Adam Brooks, CFP, Gordon Berry, Nancy McCoy Edmond Baker Immediate Past Chair Vice President Susan Scott Kerwin Brown Kelley Cathie, Esq. Charles Bethea, Martelle Chapital-Smith Susan Ciupak, Esq. Treasurer Greater Williams Carolyn Bristo Chatman Beth Cohn, Esq. Sylvia Anable, Secretary Kristine Vasquez, Chair Robbin Coulon Teresa Coin, JD, LLM Emily Anderson Karen Peters, Dr. Carlian Dawson Thomas Dietrich, Esq. Cathy Clift on Vice Chair/Secretary Karl Gentles Ted Dwyer, CFP Kathy Flood D. Brad Massey, Treasurer Matthew Gilbert J. Noland Franz, Esq. Margo Macartney Bonnie Dent Dr. Rufus Glasper, CPA Alan Gold, CPA Fred Miller Linda Eaton O.D. Harris Scott Hancock, Esq. Chuck Eaton Kenja Hassan Terri Hardy Desert Mountain Ann Johnson Christian Johnson Victoria Harris, CPA, Community Michael Williams Gail Knight Past Chair Foundation James Wurgler Denise Meridith Stephen Hart, CPA Advisory Board Sentari Minor Daniel Hulsizer, Esq. Ann Melsheimer, Chair San Luis Verne Smith, CLU, ChFC Erin Itkoe, CFP, CPA/PFS Carol Parry Fox, Russell Jones, Chair Atasha Tallie Denise McClain, Esq., Immediate Past Chair Maria Chavoya LeBertha Umbreit Past Chair Troy Gillenwater Charlene Fernandez Dr. Duane Wooten James McGettigan, Stephen Ketterer Tony Reyes CPA/PFS, CGMA Craig Mitchell Emma Torres Center for LGBTQ Chuck McGrath, CPA, Pete Redding Philanthropy CFP, MBA Karen Stuckey Seduski Douglas Advisory Committee Kristel Patton, Esq. Brook Urban Jeremy Long, Chair Shelley Cohn, Chair Eliza Daley Read Alex Boneo, Vice Chair Nichole Cassidy Timothy J. Ryan, Esq. Chuck Hoyack, Kathie Gummere, Esq. Jeﬀ rey Schlichting, CPA Recording Secretary Bradley Harris Abbie Shindler, Esq. Ron Aguallo Angela Hughey Chris Siegle, Esq. Denise Cox Marc Kellenberger Curtis Smith Marco Durazo Sheila Kloefkorn Lisa Sullivan, CTFA, CWS Luis Greer David Martinez Allyson Teply, Esq. Claudia Ovando Michael Remedi Michelle Margoiles Tran, Esq. Melissa Silva Nathan Rhoton Trevor Whiting, Esq. Lucia Spikes Richard Tollefson Keith Wibel, CFA Paul Yates FSA, CLU Michael Zongolowicz, CPA 78 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

MANAGEMENT & STAFF

EXECUTIVE OFFICE PHILANTHROPY COMMUNITY

Steven G. Jacky Alling Elisa de la Vara Seleznow Chief Chief President & Philanthropy Community Chief Executive Offi cer Offi cer Offi cer

Kimberly C. Kim Covington Anna Martuscelli, Executive Assistant Kur, J.D. Senior Director Senior of Community Vice President, Initiatives Planned Giving & Advancement BRAND & IMPACT

Lisa Dancsok Lora Golke Chief Senior Director Ashley Anderson, Lead Philanthropic Advisor, Brand & Impact of Philanthropic Competitive Grants Oﬃ cer Services Lynn Umphres, Lead Philanthropic Advisor, Non-Competitive Grants Leticia Antillon, Grants Assistant Gabriella Rabin, Grants Assistant

Regional Oﬃ ces Arizona Community Foundation of Cochise Michael Ponzio, Director of Events & Judith A. Smith, CFRE, Director of Planned Giving Arizona Community Foundation of the Gila Valley Organizational Culture Kristie Leshinskie, MPH, Senior Philanthropic Advisor Angela Laskarides, Regional Director Brent Gural, Graphic Designer Glenn Wike, Senior Philanthropic Advisor, Education Colin Shannon, Regional Philanthropic Coordinator Jennifer Foley, Marketing & Communications Manager Michelle Arndt, Philanthropic Advisor, Development Marisa Voiland, Meeting & Events Coordinator Morgan Bishop Fraser, Philanthropic Advisor, Arizona Community Foundation of Flagstaﬀ Supporting Organizations Pats Shriver, Regional Director Kristen Mihaljevic, Philanthropic Services Gwen Groth, Regional Philanthropic Coordinator Coordinator Mayra Juarez, Philanthropic Services Assistant Arizona Community Foundation of Sedona INVESTMENT Tracey McConnell, Regional Philanthropic Advisor

Arizona Community Foundation of Gary Dokes Yavapai County SCHOLARSHIPS Chief Carol Chamberlain, Regional Director Investment Lisa Sahady, Regional Philanthropic Advisor Oﬃ cer Grace Smith Kaus, Senior Director of Scholarships & Education Initiatives Arizona Community Foundation of Yuma Alicia Tang-Mills, Program Manager, Veronica Shorr, Regional Director STO & Scholarships Miguel Salcedo III, Regional Philanthropic Vicki Stouﬀ er, Philanthropic Advisor, Scholarships Coordinator

Casey Stevens, Investment Oﬃ cer Bill Stine, Senior Treasury Analyst ARIZONA’S VOICE, PRESERVED AND MANAGED 79

FINANCE Arizona Community Foundation— Central Office Jeff rey R. Sauter 2201 E. Camelback Road, Suite 405B / Phoenix, Arizona 85016 Chief 602.381.1400 or 800.222.8221 / Fax: 602.381.1575 Finance & www.azfoundation.org Administrative Offi cer Regional Offices Arizona Community Foundation of Cochise Arizona Community Foundation of the Gila Valley P.O. Box 1208 / Sierra Vista, AZ 85636 / 520.439.0595 Kyla Quintero, Controller Ann McGarry, Accounting Manager Arizona Community Foundation of Flagstaff Janette Wallen, Senior Accountant P.O. Box U / Flagstaff , AZ 86002 / 928.526.1956 Sheri Tassinari, Director of Talent Development Sara Figueroa, Accountant Arizona Community Foundation of Sedona Vee Cloyd, Revenue Accountant P.O. Box 558 / Sedona, AZ 86339 / 928.399.7218 Marty Carl, Payables Administrator Laurie Vesco, Project Manager, Special Projects Arizona Community Foundation of Yavapai County Lynda Hilton, Administrative Assistant 300 E. Willis St., Suite B / Prescott AZ 86301 / 928.499.9795

Arizona Community Foundation of Yuma P.O. Box 6835 / Yuma, AZ 85366 / 928.539.5343

Information Management & Administration

Karen Morabito, Director of Information Management ACF of Trevor Starkey, Database Manager Flagstaff Jeff Howland, Data Administrator Scott Henderson, Project Manager ACF of Ashley Arroyo, Offi ce Manager Sedona Becca Allpow, Administrative Assistant Emma Wiessner, Receptionist ACF of Yavapai County ACF dorrance scholarship CENTRAL programs OFFICE

James Hensley, Executive Director Chrystale Stewart, Scholarship Coordinator Maria Martin, Scholarship Coordinator ACF of the Mat Estrada, Scholarship Coordinator–Hawaii Gila Valley Sergio Esberre, Intern Alayna Machacek, Intern ACF of Yuma

ACF of Cochise 80 VOICE ACF & AFFILIATES ANNUAL REPORT 2017

SERVICE With more than 1,640 separate charitable funds established either for the common good or for special purposes, the Foundation works LEADERSHIP closely with donors to achieve their The Arizona Community Foundation philanthropic goals. People from catalyzes solutions and promotes all walks of life join with us to make innovation in education, health, investments in our community for community development, the the greater good. environment, and arts and culture. We work to expand philanthropy, harnessing the collective generosity and will of Arizonans to create a better quality of life.

REACH With regional affi liates in Cochise, We are Flagstaff , Gila Valley, Sedona, Yavapai County, and Yuma, the Foundation takes pride serving every part of Arizona. Grants Arizonans are awarded to organizations in all 15 Arizona counties, thanks to local leaders who give their time and expertise to help us address unique local and regional and ACF needs. Regional offi ces are led by locally-based staff with expertise in planned giving, donor relations, stewardship, grantmaking, and is our community development, and are guided by a volunteer board of advisors made up of diverse community community leaders. ARIZONA EXPERTISE foundation. With a long history and a statewide presence, the GOVERNANCE & STAFF INTEGRITY Foundation has a The Foundation is governed by a 32-member The Arizona Community keen understanding Board of Directors representing diverse backgrounds, Foundation is confi rmed in of Arizona’s diverse interests, and professional expertise. Foundation compliance with the National people, needs staff work closely with donors, nonprofi t organizations, Standards for U.S. Community and assets. Our community leaders, government, and businesses Foundations, voluntarily ASSETS professional staff to ensure the Foundation eff ectively addresses adopting policies and Our trust and has deep local community needs. procedures to guarantee endowment knowledge and that we conduct business assets totaling connections, not only legally, but ethically. more than combined with $830 million are the professional professionally expertise to give managed to donors unmatched Collaboration & Impact safeguard personal guidance. principal and The Foundation typically awards over $54 million annually yield a competitive to 3,500-plus students and community organizations in rate of return. Arizona and throughout the United States. Since inception, Oversight is the Foundation has invested over $649 million in nonprofi t provided by organizations and students pursuing their educational goals. a volunteer These funds achieve meaningful, measurable results and Investment leverage co-investment by other foundations, donors, Committee and government. comprised of nationally recognized fi n a n c i a l e x p e r t s . The Arizona Community Foundation leverages its voice in many ways. For 39 years, ACF has served as steward of the gifts placed in its care with an eye toward permanence and growth and a commitment to achieving meaningful impact through philanthropy. By listening to the many voices in the community, ACF manages charitable assets and uses a portion of the investment earnings to provide grants to community organizations and scholarships to students. Today, the Foundation also makes low-interest loans to nonprofits, provides K-12 private school scholarships to high-need elementary and high school students, and leads prize competitions to attract new thinking and talent to solve Arizona’s most intractable problems.

A VERY SPECIAL EDITOR Special thanks to: THANK YOU Lisa Dancsok City of Phoenix Desert Botanical Garden ASSOCIATE EDITORS Desert Stages Theatre to all the people who shared Jennifer Foley, Robbi Graham DeSoto Central Market their stories and posed for Fann Contracting ART DIRECTION & DESIGN Gateway Community College our cameras. Jane Bock » 12below design co. Goodmans Interior Structures Phoenix Convention Center PHOTOGRAPHY Real, Wild & Woody Beer Festival Jon Balinkie & Jason Grubb » Camerawerks Sherman & Howard pp. 3, 10, 12, 17, 19, 20, 46, 59 Harrison Hurwitz pp. 78, 79 www.azfoundation.org 2201 E. Camelback Road Suite 405B Phoenix, Arizona 85016 Call: 602.381.1400 or 800.222.8221 Fax: 602.381.1575

The Arizona Community Foundation has been awarded the right to use the National Standards seal, which signifies that ACF is certified in compliance with the National Standards for U.S. Community Foundations. It demonstrates ACF’s commitment to maintaining the trust of our donors and the entire community.

The Arizona Community Foundation maintains a 4-Star Exceptional rating in both Financial Health and Accountability & Transparency by Charity Navigator, an independent charity evaluator. They help charitable givers make intelligent giving decisions by providing in-depth, objective ratings and analysis of the financial health and accountability & transparency of America’s largest charities.