Our Story Is Your Story. YOUR IMPACT IS OUR IMPACT
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Our Story is Your Story. YOUR IMPACT IS OUR IMPACT. Celeb ating YEARS 2019 8 9 8 • 2 0 1 ANNUAL REPORT 2018 Celeb ating YEARS 201 9 8 98 • 201 ENHANCING THE QUALITY OF LIFE IN THE CENTRAL SUSQUEHANNA VALLEY Achieving Donors’ Intentions The Community Foundation helps people create funds that change lives. By partnering with highly effective nonprofits, we keep the community’s wealth here at home working... For Good. For Ever. 20 20 YEARS Berwick Health and Wellness Sunbury Area YEARS Foundation is established Community Foundation in November 1998 becomes an affiliate in 2006 YOUTH in PHILANTHROPY a program of Central Susquehanna Community Foundation Youth In Women’s Giving Circle ANNUAL REPORT 2018 Philanthropy becomes Foundation’s first starts in 2004 giving circle in 2017 2 Story of 20 Years 199898 200303 200404 200606 201313 201717 201818 4 Board of Trustees Selinsgrove Area Bloomsburg Area Community Foundation Community Foundation 5 becomes an affiliate becomes an affiliate Foundation Financial Position in 2006 in 2018 Central Susquehanna Danville Area 6 Community Foundation Community Foundation BLOOMSBURG AREA Central Susquehanna becomes a regional community becomes an affiliate Community Foundation foundation in 2003 in 2013 18 Berwick Health and Wellness Fund “The whole is greater than the sum of its parts.” 22 This famous Aristotle quote certainly holds true as we reflect on our past year. organizations supporting women and girls through our region. These Bloomsburg Area When individual parts are connected to form one entity, they are worth more grants are helping agencies whose primary role is to reduce domestic Community Foundation than if the parts were in silos. The team at Central Susquehanna Community violence, advocate for girls and teens in the child welfare dependency Foundation (CSCF) has come to appreciate that the Foundation is greater in system, enhance enrichment and self-advocacy programs for women, and 24 its success because of the sum of its parts. Without board members, affiliate encourage safe dating, just to name a few. Danville Area board members, fundholders, donors, grantees, and Foundation friends, we • Youth in Philanthropy (YIP) continues to grow and expand. Eight schools Community Foundation could not have had the remarkable year that we are so proud to highlight in were involved this year and more will be added in the near future. The this 2018 edition of our annual report: meaning of philanthropy and the opportunity to participate in grantmaking 32 • We are working with a new affiliate. Welcome aboard Bloomsburg is the focus of this program. Last year, each school created their own video Selinsgrove Area Area Community Foundation! We are excited to announce this new which was housed on our website and school teams were prompted with Community Foundation partnership as we unite with their advisory committee to enhance the the opportunity to solicit votes for best video. This was an extraordinary lives of the people who are served in the greater Bloomsburg area. opportunity presented to our students to promote youth in philanthropy 38 and provide a resource to the public. Sunbury Area • Regional unrestricted giving fulfills the Foundation’s mission of enhancing the quality of life across the valley. We held our first regional On the evening of our holiday party, the staff of Central Susquehanna Community Foundation Impact Symposium this past June at Bucknell University, which provided Community Foundation announced that we are officially 20 years old. 42 an opportunity to bring more than 120 representatives from nonprofit The very first meeting of what was then the Berwick Health & Wellness The Legacy Society agencies together to network, learn, collaborate, and provide take-away Foundation occurred in November 1998. At the end of 2018 we began benefits of new ideas, strategies, connections, and resources. Taking the celebration of 20 years of philanthropy - 20 years of investing into 44 the lead on this special convention expanded our role to nonprofit the many wonderful communities that our Foundation represents, Women’s Giving Circle organizations in our region who are working so hard to make a encompassing the goal of improving and enriching the lives of those difference for so many important causes. we care most about. 46 • In addition, CSCF introduced its first grantround for the Regional Impact Thank you for being the catalysts in helping us to be stronger over Regional Impact Fund Fund to meet the ever-changing needs across the five and one-half the last 20 years. Celebrating is a good thing for us to do; it helps us to counties that we serve. Through this unrestricted fund, the Foundation realize how good we have it, and it helps others discover who we are. 48 was able to award $50,000 to 11 nonprofit organizations with amounts Youth in Philanthropy ranging from $1,000 to $10,000. 50 • We have made phenomenal strides launching our first giving circle. M. Holly Morrison, D.Ed. How a Community The Women’s Giving Circle hosted their first grant awards ceremony this President and CEO STORY OF 20 YEARS STORY Foundation Works past March in Lewisburg where we presented $20,000 to local nonprofit Central Susquehanna Community Foundation 2 3 20 20 YEARS YEARS BOARD OF TRUSTEES 2018 STATEMENTS OF FINANCIAL POSITION CENTRAL SUSQUEHANNA COMMUNITY FOUNDATION DECEMBER 31, 2017 AND 2016 ASSETS 2017 2016 Current Assets: Cash and cash equivalents $ 929,971 $ 368,697 Pledges receivable 60,275 28,920 Other receivable — 29 Confirmed in Compliance Accrued interest receivable 6,950 9,151 with National Standards Prepaid expense 35 — for U.S. Community Total current assets 997,231 406,797 Foundations John Parker Timothy Apple Nancy J. Marr JoAnn M. Ferentz Noncurrent Assets: Chair Vice-Chair Secretary Treasurer Land, Buildings and Equipment: School Administrator, Director of Sales, President & Owner, CPA, Land 95,324 95,324 The Central Susquehanna Retired Bimbo Bakeries Marr Development, Inc. Snyder & Clemente Land improvements 224,502 224,502 Community Foundation Building and building improvements 1,417,493 1,417,493 investments are overseen Furniture and fixtures 67,211 67,211 by Wilmington Trust, as part of the M&T family Equipment 31,424 31,424 of companies. Less: Accumulated depreciation (493,737) (450,505) Land, buildings and equipment, net 1,342,217 1,385,449 Investments 51,784,003 47,135,895 Investments - property — 153,496 Beneficial interest in charitable remainder trust 11,884 12,294 Robert L. Albertson, O.D. Sam Balukoff Jeff Cerminaro Paul R. Eyerly, IV Optometrist, Vice President, Entrepreneur, President, Beneficial interest in perpetual trusts held by others 342,863 325,472 Albertson Eye Care Geisinger Clinic Walker’s Jewelers Press Enterprise, Inc. Total noncurrent assets 53,480,967 49,012,606 Musculoskeletal Institute Total Assets $ 54,478,198 $ 49,419,403 LIABILITIES AND NET ASSETS 2017 2016 Liabilities: Current Liabilities: Accounts payable $ 11,009 $ 22,468 Accrued expenses 13,850 16,646 Grants payable 711,097 940,641 Peggy Fullmer John M. Kurelja, Ed.D. Greg Martz Heather Rowe Current portion of note payable — 79,776 Credit Associate, Chief Academic Officer, President, Secretary/Treasurer, Total current liabilities 735,956 1,059,531 CRA Officer, Central Susquehanna Martz Technologies, Inc. Penn Fire Protection, Inc. West Milton State Bank Intermediate Unit Noncurrent Liabilities: Grants payable, net of current portion — 94,197 Note payable, net of current portion — 243,750 Funds held as agency endowments 12,365,471 10,442,677 Total noncurrent liabilities 12,365,471 10,780,624 Total Liabilities 13,101,427 11,840,155 Net Assets: Unrestricted 41,022,024 37,241,482 Temporarily restricted 11,884 12,294 Rhonda Jeanne Seebold J. Donald Steele, Jr. Connie Louise Tressler Wendy Tripoli Permanently restricted 342,863 325,472 Dental Hygiene Professor, Chairman, President & CEO, Psychologist, Attorney, Total Net Assets 41,376,771 37,579,248 Pennsylvania College The Northumberland Retired Peters & Tripoli Total Liabilities and Net Assets $ 54,478,198 $ 49,419,403 CSCF BOARD OF TRUSTEES BOARD CSCF of Technology National Bank FINANCIAL POSITION 4 5 20 YEARS A REGIONAL COMMUNITY FOUNDATION Established 2003 Serving Columbia, Lower-Luzerne, Montour, Northumberland, Snyder and Union Counties in central and CSCF FUNDS SUPPORT 2ND ANNUAL northeastern Pennsylvania BLOOMSBURG FAIR REGIONAL STEM COMPETITION In partnership with Bloomsburg University’s Regional Fair, September 22-28. Students STEM Education Center, Martz Technologies, presented their projects to a panel of distinguished Bloomsburg Fair Association, and the Foundation of the judges from industries and academia. Columbia-Montour Chamber of Commerce, the Central The list of schools competing in this year’s event Susquehanna Community Foundation hosted the 2nd included Berwick Area High School, Central Columbia Annual Bloomsburg Fair Regional STEM Competition in High School, Midd-West High School, Montgomery Area September 2018. High School and Shikellamy Area High School. The theme of this year’s competition was “Energy and Efficiency in the Community”. High schools across the Pictured above left are judges of the Regional STEM Competition. From left to right: Gregory Martz, President, Martz Technologies; region were eligible to compete for three prizes; 1st Al Neuner, Vice President of Facilities Operations, Geisinger; place prize of $10,000, 2nd place prize of $5,000, and Robert Foster, Volunteers in Philanthropy President, Retired $2,500 for third place. These prizes were made payable Physics Teacher; Jeffrey Emanuel, Director, The Foundation in the form of grants to support the school district’s of the Columbia Montour Chamber of Commerce; Kurt Aaron, STEM program. Each school district was allowed one WNEP-TV Meteorologist. team of five students. Students researched, designed Pictured above right are students from Midd-West High School and presented a project that was capable of improving and the recipients of the 1st place prize for their project titled the quality of life for Pennsylvanians through the “Reclaiming What’s Lost”.