Our Community's Future... What Inspires You?
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2012 Report to Our Community 639,367* PEOPLE ONE QUESTION Our community’s future... What inspires you? TABLE OF CONTENTS What Inspires You? 3 A Word from Our Leadership 4 2012 Highlights 6 Grants and Distributions 10 New Funds 20 Foundation Donors 24 Gifts in Memory/Honor 28 giveGreater.org® Donors 30 Volunteers 42 Professional Advisors 44 Nettie J. Dayton Circle 45 Financials 46 Board of Directors and Staff 48 WHAT INSPIRES YOU? * CHESHIRE 639,367 PEOPLE WALLINGFORD ONE QUESTION Shirley OXFORD BETHANY Since 1928, people from every corner of our region have chosen The safety of my town and my The Community Foundation to be their philanthropic partner. wonderful neighbors — it’s hard HAMDEN NORTH United by a desire to build a stronger community, people from a to be around kindness and not be SEYMOUR HAVEN kind yourself. NORTH wide variety of backgrounds and committed to a wide variety of MADISON WOODBRIDGE BRANFORD local causes have shaped their giving by answering for themselves ANSONIA one fundamental question: DERBY NEW SHELTON HAVEN EAST GUILFORD HAVEN Our community’s future... What inspires you? ORANGE BRANFORD WEST In 2012 and continuing in 2013, The Community Foundation asked this question of HAVEN local residents at large convenings and on street corners, town greens and other locales throughout our region. This annual report includes selected responses. MILFORD It demonstrates yet again that the powerful sense of community that has long been Al a hallmark of Greater New Haven is as strong as ever. Early morning sunrises. see videos at www.whatinspiresyougnh.org *source: U.S. Census 2010 Demographic Profiles of 20 towns served by The Community Foundation 2 3 WHAT INSPIRES YOU? A WORD FROM OUR LEADERSHIP WHAT INSPIRES YOU? May 2013 May 2013 Dear Friends: Dear Friends: On behalf of the Board of Directors, please accept my completed their seven-year terms of service in 2012. One year ago, on the cover of The Community Inspiration is found within ourselves, and also by gratitude for your contributions as donors, volunteers The Foundation and the community have been well Foundation’s annual report, we posed a question to the working together. In 2012, The Foundation enhanced our and community leaders. You make Greater New Haven served by these dedicated individuals. I welcome two people of our twenty towns: Our Community’s Future… efforts to connect people with one another and with our a stronger community. It is a privilege to serve as new Board members, Emily Byrne, Director of Strategic What inspires you? This year, The Foundation is community’s issues, utilizing both on-line knowledge Chair of the Board that guides the work of The Initiatives for the Connecticut State Department of offering answers. and in-person convenings. When the community comes Community Foundation. Education, and Alicia Caraballo, the City of New Haven’s In recent weeks we visited the town greens in Guilford, together to accomplish important things, The Foundation My fellow Board members and I recognize the Adult and Continuing Education Director, who are already Milford and New Haven. We spoke to sun-seekers on is right there. We are proud that two of our largest importance of donor intent, and we work diligently to making important contributions. the West Haven boardwalk and pizza-seekers in New commitments are New Haven Promise, which in 2012 make certain that gifts are effectively deployed — while Printed on the wall next to The Foundation’s reception Haven’s Wooster Square. We talked to patrons at Miller supported its second class of extraordinary young people David also growing the endowment for future use. We are desk is a question — What inspires you? I am inspired Library in Hamden and hikers on the Derby Riverwalk. to attend college, and the Connecticut Center for Arts Will pleased to support the many not-for-profit organizations by the generosity of our Greater New Haven community. We have posed our one question to many. As you will and Technology, which opened last year. These two As a lifelong resident of the city, projects are touching many lives, and even more broadly What inspires me above all else I am inspired by a number of and programs that use Foundation grants to care for our For 85 years, people have donated resources to The see in the pages that follow, our citizens are indeed is the sense of community that elderly, present world-class arts, inspire our children, Community Foundation to help others, knowing that inspired by what our community offers. People spoke are serving as rallying points for the community to work things here — number one is the protect our parks, and train workers for jobs in the The Foundation will properly steward these gifts and about the arts and cultural offerings in Greater New together to build a brighter future for all. exists in Greater New Haven — diversity of this community. I mean new economy. ensure they are used as intended in perpetuity. Haven. Education was a dominant theme too, with Individual inspiration. Community connection. This is the sense of connection people that not just in the traditional students speaking of their teachers, and teachers of their the work of The Community Foundation. We invite you have to one another, to the sense, but in the variety of According to the Resolution of Trust that established Thank you for your trust. issues, to the challenges, to the The Community Foundation in 1928, the Board comprises students. People spoke of the extraordinary talents of to join us. different perspectives and views eleven community members, “selected from their our youth and of the active engagement of our citizenry. What inspires you? institutions that exist here; the that are present. I am also very knowledge of the charitable and educational needs of And the inspiring work of many of our local nonprofit sense of connection people inspired by the opportunity that the community….” Seven members are appointed by organizations was a recurrent theme. have to our history, our shared exists here in New Haven. That is outside authorities — the Chief Executive of New Haven, The Community Foundation is deeply engaged with history; the sense of connection what inspires me about my role the President of the New Haven Chamber of Commerce, all of these issues, and others as well. In 2012 people have to our shared future, with The Community Foundation the Trustees’ Committee, the New Haven Probate Judge, The Foundation’s grants and distributions to benefit and the sense of commitment — it’s an opportunity to give back the President of Yale and the President of the New Haven David I. Newton our community exceeded $20 million for the first time. William W. Ginsberg people have to one another and and get to know this community in County Bar Association. Four members are elected by the Chair Our history tells us that inspiration takes many forms, President & CEO to making that future as good as a way that I haven’t in the past. Board so “that to the extent possible all interests, classes so this variety of responses to our one question is not it can be. That’s what I see every and creeds are represented on the Board.” Our Board surprising. Indeed, as our community’s permanent day, and it’s a privilege to see it. deliberations are lively, hopeful and respectful, with each charitable endowment, comprising more than 800 It inspires me every day. member bringing his or her perspective and experience individually named funds, The Foundation represents to the table. the broad diversity of perspectives, priorities and I would like to acknowledge and thank Board member passions that make up our region — just as we have Rolan Joni Smith Young, who served with distinction as since our earliest years. Last year, generous donors and Chair for two years and who remains a vital Board leader. local institutions supported a broad array of worthy local I would also like to recognize recently retired Board causes by contributing more than $21 million to members Jamie Cohen and Annie Garcia Kaplan, who The Foundation. 4 5 2012 HIGHLIGHTS WHAT INSPIRES YOU? The Community Foundation is Greater 14.4% 12.2% New Haven’s charitable $21 M trust — uniting people 81% around common aspirations. It invites donors to imagine the The more we know, the Investment performance 81% of area residents are Educate a child and you Grants and Distributions exceed Over $20 million was received Karen stronger our community surpasses benchmarks satisfied with where they live change a community $20 million for the first time in Gifts and Transfers possibilities, now and It’s a nice, tight community. The To inspire learning and to foster The Community Foundation had a Supported by The Community New Haven Promise graduated The Community Foundation used its Current fund donors gave people know each other — the in the future. Informs the connections that strengthen 14.4% net investment return against Foundation and other funders, its second class in 2012, and discretionary funds to support a very $5.5 million to existing funds and community, The Community the market benchmarks of 12.2% for DataHaven conducted the ”2012 220 Promise scholars are now wide array of worthy organizations and $5.2 million was received through firemen, the policemen — they’re them about what needs Foundation launched a series of the year ended December 31, 2012. Community Wellbeing Survey,” attending colleges and universities causes, including multi-year grants for estate gifts, including a bequest of all wonderful. meetings that drew close to 1,000 The Community Foundation also which reported that four out of five in Connecticut.