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2002 a Nnual R Eport

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2002 a Nnual R Eport 2002 ANNUAL R EPORT The History of Rose Community Foundation MAJOR GENERAL ROSE MEDICAL CENTER MAURICE B. ROSE In the year prior to General Rose’s death, a group of Rose Community Jewish business and professional leaders, led by Maurice Foundation derives Shwayder, had started to organize an effort to build a new its name from hospital that would fill a gap in the Denver community. Major General Denver had a critical shortage of hospital beds, and many Maurice Rose, physicians returning from World War II had difficulty one of America’s finding places to practice. The new hospital would be most decorated open to doctors and patients of all creeds, races and military leaders origins, and dedicated to excellence in medical care. The of the 20th campaign to raise funds for the new hospital gained century. The son momentum when the organizers decided to name the new and grandson of hospital in honor of General Rose, and formed the Orthodox Jewish General Rose Memorial Hospital Association. The group rabbis, Maurice undertook an intensive local and national fundraising Rose was born in campaign, enlisting the support of well-known Jewish Connecticut in 1899, but celebrities of the time. On August 31, 1948, General moved to Denver with his Dwight D. Eisenhower laid the cornerstone for the main family in 1902. From early building of the hospital. childhood, he was drawn to military life and joined the Adopting the motto, “Our standards are simply higher,” National Guard at age 15 after finishing his studies at East Rose Medical Center was an innovator, bringing to Denver High School. He was later sent home when it became the region’s first coronary-care unit, the Rocky Mountain known that he had falsified his age. At 17, Rose was area’s primary center for the treatment of arthritis and accepted for Officer Candidate School, and at 18 was rheumatic diseases, and one of the region’s most wounded in a World War I battle in France. He returned progressive programs in obstetrics, gynecology and to work in Colorado briefly after the war, but was quickly newborn care. The hospital was also a focal point for drawn back into Army life. community service and philanthropy. Several generations During World War II, Major General Rose led a number of from the same families supported the hospital as doctors, successful military drives in North Africa and Europe, donors, volunteers and staff professionals. including one of the first assaults on German forces ROSE COMMUNITY FOUNDATION occupying Omaha Beach one day after D-Day. In 1944, he In 1995, Rose Medical Center’s Trustees, after assessing became commander of the U.S. Army’s 3rd Armored the dramatic shifts in the economics of health care, Division, which moved through France, Belgium and was understood that an independent nonprofit hospital could the first military unit to penetrate Germany during World not easily endure in the emerging economic climate. On War II. General Rose died in battle March 30, 1945. April 25, 1995, following a national trend among During his career, he received many military honors independent nonprofit hospitals, Rose Medical Center was including the Distinguished Service Medal. Upon his acquired by a health-care corporation. With the proceeds death, The New York Times wrote, “The American Army of the sale, approximately $170 million, the hospital was deprived of one of its most skilled and gallant officers Trustees decided to form Rose Community Foundation as and a man of rare personal charm …” a vehicle to perpetuate the legacy of the hospital: its standards of excellence, its tradition of philanthropy and its commitment to serve the entire community. FOUNDING TRUSTEES Stephen S. Kurtz, Chair Jeannie Fuller Martin H. Shore Linda G. Alvarado Norman Levy Robert A. Silverberg Joseph M. Aragon Sister Lydia M. Peña, Ph.D. Richard B. Tucker David C. Boyles David M. Pollock Albert C. Yates, Ph.D. Fred T. Davine Richard L. Robinson Steven W. Farber Stephen H. Shogan, M.D. Donald L. Kortz, Founding President and CEO Table of Contents LETTER FROM THE BOARD CHAIR AND THE PRESIDENT AND CEO 2 GUIDELINES FOR GRANT PROPOSALS 4 PROGRAM AREAS AGING 5 CHILD AND FAMILY DEVELOPMENT 10 EDUCATION 16 HEALTH 21 JEWISH LIFE 26 COMMUNITY BUILDING GRANTS 34 MATCHING GIFTS AND DISCRETIONARY GRANTS 35 ROSE BIOMEDICAL 37 ROSE WOMEN’S ORGANIZATION 39 DONOR AND ENDOWMENT SERVICES 41 DONOR PROFILE 42 DONOR FUNDS 43 2002 GRANTMAKING SUMMARY DONORS TO ROSE COMMUNITY FOUNDATION 45 2002 FINANCIAL STATEMENTS 48 In 2002, Rose Community Foundation approved 824 BOARD OF TRUSTEES AND COMMITTEE MEMBERS 50 grants totaling $21,380,000 in ROSE COMMUNITY FOUNDATION STAFF 52 financial support to the Greater Denver community. This includes all grants awarded from the Foundation’s 2002 Cover art by Risa Towbin Aqua grantmaking budget as well Well known in Denver’s Jewish community and beyond, Risa Towbin Aqua is a as $790,000 in funds received watercolorist and calligrapher who specializes in commemorative art, including custom ketubot (Jewish marriage contracts). “What I do is something between fine art and from other foundations and graphic design,” said Aqua. “I take people’s words and values and express them in pictures. I get a lot of satisfaction out of translating someone else’s ideas or feelings into organizations to support something beautiful and meaningful that they can enjoy forever.” Aqua is a member of the Colorado Calligraphers’ Guild and the American Guild of Judaic Artists. She earned collaborative projects, and a Bachelor of Fine Arts degree from Colorado State University, where she studied art and interior design. For more information on Aqua and her work visit aquastudio.net. managed and disbursed by Rose Community Foundation. Rose Community Foundation Editorial Staff: It also includes grants from Jaci Arkin, Communications Assistant Susan Knudten, Communications Officer The Endowment Challenge Phil Nash, Director of Communications ($8,823,000 – see page 31), Matching and Discretionary Graphic Design: Laurie Shields Design Grants ($291,000 – see page 35), Photography: Chris Takagi Rose Women’s Organization Exceptions: Photo on page 31, Jim Havey Rose Community Foundation staff photos on pages 52-53, Katy Tartakoff ($102,000 - see page 39), and Rose Community Foundation file photos on inside front cover, pages 2-3, and 50 Donor-Advised Funds and Printer: A.B. Hirschfeld Press Supporting Organizations ($897,000 – see page 43). 1 Letter from the Board Chair and the President and CEO The year 2002 marked Rose Community Foundation’s Rose Community Foundation’s top story of 2002 was the seventh full year of operations. We have learned a great completion of The Endowment Challenge, the largest deal in our early years, both by working closely with grantmaking initiative in the Foundation’s history. On our grantees and by building partnerships with other December 31, 2002, 19 Jewish organizations in the community institutions who share a common Denver/Boulder community completed a three-year purpose – to make our community campaign that resulted in nearly a better place. We know we have $19 million in new organizational much more to learn. But we feel endowments. (See page 31.) This fortunate to already know one of success was all about people, most philanthropy’s most important significantly the hundreds of indi- lessons: our value as a foundation vidual donors who dug deep in isn’t just about the money; it’s also tough economic times and contri- about the people who are entrusted buted more than $12.3 million with its wise use. to strengthen these vital Jewish organizations. An initiative of this Rose Community Foundation came magnitude would not have been into existence in the mid-1990s, possible without strong leadership just as the American economy from our Trustees, the thought- began to soar. Now we are living fulness of the Jewish Life Committee, through the harsher realities of the our partnership with Allied Jewish early 21st century with sustained Federation of Colorado, and economic uncertainty at home especially the excellent work and against a backdrop of international long hours of staff members Lisa strife. Every institution, public and Farber Miller and Margie Gart. private, has been forced to take a Steven W. Farber hard look at programs and priorities. Partnership is a key word in the Like many foundations across the nation, Rose Community Rose Community Foundation vocabulary. During 2002, Foundation has seen a reduction in its endowment and, we saw the fruition of a partnership between Colorado’s consequently, in its ability to financially support worthy three largest health-conversion foundations – Caring for projects that help people live better lives. In April 2003, Colorado Foundation, The Colorado Trust and Rose. the Trustees convened a special meeting to address key With an equal investment of nearly $2 million apiece, the issues posed by the erosion in our endowment and to three foundations created the Colorado Health Institute make strategic decisions about the future direction of the and funded its first five years of operation. Slated for a Foundation. During 2003, for the first time in the history mid-2003 launch, the goal of the Institute will be to of the Foundation, we will be making a significant advance the health of the people of Colorado through reduction in our grantmaking. This is an unfortunate but well-informed policy decisions. The Colorado Health necessary move to preserve our endowment so we can Institute will become the state’s leading center for health- continue supporting the community long into the future. data resources and analysis, serving as a resource to The Trustees also set in motion a process to formulate a policymakers, businesses, funders, consumers and the strategic plan that will enable the Foundation to continue news media.
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