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Annual Philanthropic Report 2012-2013

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Annual Philanthropic Report 2012-2013 Annual Philanthropic Report 2012-2013 Table of Contents Message from the Board Chair & President/CEO 01 Annual Report At-A-Glance 02 Types of Funds 03 Funds of the Foundation 05 Gifts 08 Gifts By Last Name 09 Gifts by Fund Name 15 Legacy Society 24 Rolland L. Adams Society 25 Grants 29 Awards & Scholarships 33 Financial Information 35 LVCF Board of Directors and Staff 37 Message from Board Chair & President/CEO The past year was a memorable year for the Lehigh Valley Community Foundation (LVCF). The Foundation’s assets reached an all-time high eclipsing $35 million for the first time. In February 2013, the Board of Governors of the Lehigh Valley Community Foundation endorsed a plan to support the growth of the Foundation to $50 million by the end of 2018. This plan includes the engagement of enhanced marketing and development initiatives to provide greater recognition of the Community Foundation as a leader in philanthropy in the Lehigh Valley. The plan also includes strict adherence to principles of integrity through a renewed commitment to the National Standards for United States Community Foundations. The staff aggressively gave their full support to the plan by engaging in a number of initiatives, such as: 1) developing several “image spots” which have been strategically broadcast on select television networks and the Internet; 2) making presentations to an increased number of professional advisors and community groups across the Lehigh Valley to introduce the Foundation to a growing audience; and 3) sponsoring and attending high-profile events throughout the year. All of this work is paying important dividends. We hear from a number of people across the Lehigh Valley that there is a “buzz” about the Foundation. More and more people are contacting the Foundation to discuss philanthropic interests. In the past twelve months, 10 new funds have been established at the Foundation. All of this growth and energy is very exciting to those involved with the Community Foundation. The growth and energy is also being reflected in our diverse grantmaking. One of our funds, the George T. Walker Charitable Fund, stood out this year for its remarkable philanthropic reach. As the Foundation’s largest fund, significant grants are made to a diverse group of wonderful organizations, including St. Jude Children’s Research Hospital in Tennessee. We were honored to contribute a personal message of congratulations and thanks to St. Jude on a steel beam used in the construction of a new Proton Therapy Center. We were struck by the symbolism of such a sturdy foundation upon which dreams of hope are built. (See photo on page 22.) We would like to thank you - our donors, professional advisors, and friends of the Foundation - for your continued support of philanthropy in our community. We know that by working together, we can continue to increase the Lehigh Valley Community Foundation’s ability to keep dream alive! Sincerely, Denise M. Blew Bernard J. Story Chair of the Board of Governors President & CEO 1 2 Types of Funds For the fiscal year ending June 30, 2013, the Lehigh Valley Community Foundation was home to 165 funds totaling more than $35 million. Community Area-Of-Interest Designated Community funds allow An area-of-interest fund maximum flexibility in assures that grants will be addressing changing community A designated fund provides made for purposes meeting a needs and opportunities over annual grants to one or more donors interests. The time. Some Community Funds specific non-profit Foundation, working through are available for unrestricted use organization(s)). its Discretionary Grants and some are for discretionary Committee, determines how grantmaking. annual grants will be made. Organizational Donor-Advised Scholarship & Award Donor-advised funds allow a Scholarship funds provide An organizational fund is a fund donor to recommend grants support for education while established by a non-profit from the fund and vary those award funds provide grants to organization to support the recommendations based on recognize achievement in organization and its mission. their charitable interests. areas such as teaching, the arts, or scientific research. 3 Number of Funds of the Foundation By Type 49 Area-of-Interest Funds 36 Community Funds 31 Donor-Advised Funds Donor Designated Funds Memorial & Grow-A-Funds 17 Organizational Funds 14 Scholarship/Award Funds 12 5 4 Funds of the Foundation COMMUNITY FUNDS FOR UNRESTRICTED USE COMMUNITY FUNDS FOR AREA-OF-INTEREST DISCRETIONARY FUNDS Adams Final Fund DISCRETIONARY GRANTMAKING Lucille F. Driver Fund Rolland L. Adams Fund E. Spencer & Nellie C. Addison Fund The Every 15 Minutes Fund Rolland L. & Pauline H. Adams Fund Margaret Ann Bachert Fund Ben Franklin Trust Fund Aaron Burr Baldree Fund Randy H. & Ramona A. Bruch Fund Richard E. Gasser Fund Madeline S. & Frank R. Barnako Fund Community Fund for Arts, Culture & Heritage Lehigh River Fund Clayton W. & Helen H. Bernhardt Fund Community Fund for Education Erwin J. & Gertrude K. Neusch Fund Bethlehem Anniversary Fund Community Fund for Environment & Science Pine Fund in Memory of Mildred Beck Pine Buckley Family Fund Community Fund for Health Care Robert D. & Gwendolyn-Jane Romeril Campership Fund Dorothy & Joseph Conroy Fund Community Fund for Human Services Margaret Haas Rotunno Memorial Fund Helen Adams DeRiemer Fund Daniel-Holben Fund for Local No Kill Shelters Globe Times/WGPA Charities Fund Donald & Alice Farquharson Fund William C. Rybak Handicapped Citizens' Fund Carol Dean Henn Community Fund Fund for Community Development Michael C. Schrader Fund Kutteroff Family Fund Greene Family Fund Leonard A. Wenzel Memorial Fund for Deborah S. Haight Fund Frank L. Marcon Fund South Bethlehem Betsy & Jack Jordan Fund Horace R. Miller Fund DONOR-ADVISED FUNDS Operating Endowment Fund Martina M. Malone Fund Alan & Marsha Abraham Fund Perna Family Fund Outdoor Recreation Fund for Youth Bar Association of Lehigh County Katharine March & Stanley J. Thomas Anthony J. Ruggiero Fund Foundation Fund Memorial Fund 250th Book Fund Barnette Fund Bethlehem Rotary Club Fund 5 Funds of the Foundation (Continued) Walter & Alma Bastian Fund McNairy Fund Ilene & Robert Wood Striving to Make a Difference Fund Geoff & Wenda Boyer Fund McNairy Family Fund Stella Yee Memorial Fund The Building Fund Ronald R. Perin Fund Ryan J. Zawada Memorial Fund Burdette Family Fund Pharo Family Fund Michael J. & Sandra R. Caruso Fund Louise Moore Pine & Roswell Dean Pine Fund Mike Caruso Fund Prometheus Fund DONOR DESIGNATED FUNDS Child Advocacy Center Fund Raymond–Cryder Donor Advised Fund William B. & Elizabeth Behr Agocs Geophysical Research Fund Client 1st Foundation Fund Albert M. Reed Fund American Red Cross – Lehigh Valley Chapter Fund Grace Kathryn & Jeffrey P. Feather Fund J.B. & Kathleen Reilly Fund Clayton W. & Helen H. Bernhardt/V.J. W. Beall & Marlene O. Fowler Fund St. Luke's Hospital Medical Staff Fund Pazzetti, Jr. Fund Jean & Paul Franz Fund Saucon Sanctuary Fund Benjamin C. Boylston-Kemerer Museum Fund Gadomski Lehigh Valley Fund Justin Sheftel Memorial Fund Benjamin C. & Eleanor A. Boylston Fund for the Dolly Haltzman Foundation for the Arts Fund Star Foundation Fund Lehigh Valley Chapter, American Red Cross Herr Fund Stershic Family Fund Boys & Girls Club of Bethlehem Restricted Ray & Donna Holton Charitable Fund Glenn M. Taggart Memorial Fund Endowment #1 Kressler, Wolff & Miller Fund Jack & Ann Follett-Terres Fund H. Bridges & Lucile P. Boylston Fund for Compassionate Care Sylvia Fenstermacher Lawler Living Arts Fund Camp Compass Fund Elizabeth (Betsy) Torrence Community Fund Lehigh Valley Helping Hand Fund Patrick J. & Christine Connell Fund Donald H. & Mary R. Trautlein Fund Robert H. & Jean C. Littner Fund Marjorie S. & Joseph E. Correll Fund Two Tunics Fund Lehigh Valley Coalition for Kids Fund Daniel-Holben 2013 Designated Fund Wombat Fund The MAK Fund Leonard R. Dimmick Fund Betty & Scotty Wood Memorial Fund for Burnside Plantation John F. & Jane H. Malloy Fund 6 Funds of the Foundation (Continued) Fowler Family Fund Ann C. Bernard Scholarship Fund Boys & Girls Club of Bethlehem Fund Joseph R. Gagnier Memorial Fund Bethlehem Educational Scholastic Trust Boys & Girls Club of Bethlehem Restricted (B.E.S.T.) Fund Endowment #2 Marion Brown Grace Memorial Fund Debra "Frau" Brown Memorial Scholarship Fund Burnside Plantation Fund Luther J. Hottle Fund Truman L. Frey, Jr. Scholarship Fund Junior League of the Lehigh Valley Agency Kenneth & Elizabeth Kressler Fund Endowment Fund Miss Pennsylvania Scholarship Fund Deborah A. Libricz Memorial Fund Lehigh Valley Child Care Endowment Fund Arthur & Myrl G. Schaeffer Scholarship Fund Magee Family Fund Endowment Fund of Meals on Wheels of Anthony Severo Memorial Scholarship Fund Mary & Jack McNairy Fund Lehigh County, Inc. Justin Sheftel Scholarship Fund Dr. Russell E. Morgan, Sr. Fund ShareCare Fund Katie Stauffer Memorial Fund Raymond-Cryder Designated Fund United Way of the Greater Lehigh Valley Funds: Edwin F. VanBilliard Scholarship Fund Safe Start Fund General Endowment Betty Williams Memorial Scholarship Fund Salesian Center Fund The Thun Fund Wilson High School 2006 Football Champions Arthur E. Schaeffer Trust Fund Scholarship Fund Shoemaker-Bond Home Association, Inc. Fund SPECIAL PURPOSE ORGANIZATIONAL FUNDS Woman's Club of Bethlehem Fund Theatre Organ Arts Fund Bethlehem AAUW Fund 300th Anniversary Fund Latino Leadership Alliance Scholarship Fund ORGANIZATIONAL ENDOWMENT FUNDS Thun Fund Hunter Meckes Memorial
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