2011 Annual Repor T
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Tipping Point Community 2011 annual rePor T 1,285,334 Bay area people can’t meet their basic needs. Together, we’ve JoIn uS. done so much. POVERTY IS A HUGE PROBLEM 1,285,334 Together, we’ve Bay Area people can’t meet their done so much. basic needs. PRINTED ON 30% POST-CONSUMER WASTE RECYCLED PAPER. DESIGN: ELIXIR Dear Tipping Point Community, From the very beginning we set out to be innovative and break the traditional mold of philanthropy. We are so proud that you believe in our approach. Thanks to donors like you, Tipping Point–funded organizations served more than 48,000 low-income people last year. BOARD OF DIRECTORS: While most funders restrict their dollars to programming, you have helped us build Zachary Bogue, Kate Harbin Clammer, Phaedra Ellis-Lamkins, the essential structures required for sustainable growth and more efficient client services. Michael J. Holston, Chris James, David Lamond, Things like facilities, staffing, up-to-date technology, communications and strategic Ronnie Lott, Daniel Lurie: CEO + Founder, Katie Schwab Paige, Alec Perkins: Chair, Gina Peterson, Eric Roberts, planning are often seen as a luxury in the non-profit sector. Because of your support, Jed York, Gideon Yu, David Zierk strong infrastructure is providing the foundation for our groups to make groundbreaking gains in the fight against poverty. As you will learn in this year’s report, First Place for Youth is one powerful example of how Tipping Point’s engaged, long-term funding model is working. Thank you for investing in the possibilities for the more than 1.2 million people in the Bay Area who still struggle to meet their basic needs every day. All my best, Daniel Lurie, CEO + Founder “The streets raised me.” Malcolm grew up in Richmond. His father was murdered Tipping Point invests in the growth of when he was six and he was removed from his mother’s groups like First Place for Youth because it changes the lives of people home at 15. He shuffled between 10 Bay Area high schools, like Malcolm. falling into and out of trouble with the law. “When you’re not worried about housing, you can do things that you never thought you could do before.” His welcome on his aunt’s couch had worn thin when Malcolm heard about First Place for Youth. At First Place, he found the support he needed to afford an apartment and start taking classes at Merritt College. Eventually, Malcolm graduated from UC Berkeley. While four out of ten people living in California homeless shelters grew up “I made a ton of money at Comcast, but I wasn’t fulfilled.” in foster care, last year 84% of First Place for Youth clients secured Malcolm’s attitude and drive helped him become one of safe, permanent housing. Comcast’s top salespeople. Ultimately, he knew he belonged at First Place for Youth. As a Program Specialist, Malcolm now runs the programs that changed his life. “I’m a product of First Place and know it’s the best thing out there for foster youth. My story is their story.” At First Place for Youth, housing is just the beginning. 100% of Tipping Point–funded programs provide services addressing multiple risk factors. Case Management Educational Support Services Employment Training Permanent Housing Program and Metrics and impact operations analysis analysis Development of mutual Financial analysis goals for success 5 Initial intake review 10 Drafting of proposal for 5 2 board approval 2 10 Internal discussion Before writing a check to an organization like 5 93 First Place for Youth, our program team conducts HOURS an average of 93 hours of due diligence. 30 20 Site visits and Background research leadership interviews 4 on issue area Reference checks and organization-specific research First Place for Youth Tipping Point Investment to Date: $680,000 “Tipping Point has been involved in every AREA SERVED: SAN FRANCISCO, EAST BAY major decision First Place has made in First Place for Youth Tipping Point Grant Clients Served bringing our organization to scale. From day Operating Budget one, they have been willing to invest in the $11.1M $230,000 2,500 operations, staffing, strategy, leadership training and database development we need $1.7M 550 to grow effectively. They are always just a $25,000 phone call away.” 2005 2011 2005 2011 2005 2011 553% increase 820% increase 355% increase Sam Cobbs, Chief Executive Officer, First Place for Youth Nationally, only 20% of funders invest in general operating support. 100% of Tipping Point grants are unrestricted and tied to mutually agreed-upon goals. Partner Services and Expertise FUNDRAISING & COMMUNICATIONS $26,738 TECHNOLOGY $690,111 In addition to the $11 million Tipping Point distributed to its grantees in 2011, we secured BOARD RECRUITMENT & LEADERSHIP DEVELOPMENT $25,000 more than $2 million in donated services from some of the best companies in the Bay Area STRATEGY & EVALUATION to help maximize your philanthropic investment. $920,000 LEGAL & HR $400,809 REAL ESTATE & CAPITAL PROJECTS $170,135 OTHER $1,540 $1 + $.22 = $1.22 Your donor dollar Tipping Point added value Immediate financial return on your philanthropic investment 22¢ may not seem like a lot. But when you add up the partner services and expertise, donated goods and staff time, last year Tipping Point invested an additional $2,418,870 worth of management expertise to help our groups meet their goals and change lives, at no cost to you. 1,047 Donors from 226 zip codes within 140 cities in 23 states came together as a community to help fight poverty in the Bay Area last year. $12.6M Raised in 2011 Because our board covers our operating costs, 100% of every dollar you donate goes out the door to the most-effective poverty-fighting organizations in the Bay Area. $1.7M General Operating Support At the 2011 Tipping Point Benefit, 296 Donors contributed $4 million to ensure that the best $4 Bay Area education programs serving low-income MILLION students will survive and thrive, despite statewide $500,000 budget cuts. See to Learn Initiative $1M Staffing + Training $800,000 Student Support Services San Rafael Richmond Grantees EDUCATION + YOUTH 10,978 clients served Aspire Public Schools Envision Schools KIPP Bay Area Schools BUILD Fresh Lifelines for Youth Next Step Learning Center Eastside College Preparatory (FLY) Reading Partners Oakland School Guardian Scholars Rocketship Education San Francisco EMPLOYMENT 10,273 clients served EARN SingleStop Bay Area Upwardly Global New Door Ventures The Stride Center WAGES Rubicon Programs Inc. Swords to Plowshares Year Up FAMILY WELLNESS 14,893 clients served Bayview Child Health Good Samaritan Family San Francisco Child Abuse Center (BCHC) Resource Center Prevention Center Fremont Canal Alliance Ravenswood Family Health Center San Mateo HOUSING 11,861 clients served Compass Family Services Homeless Prenatal Program Larkin Street Youth Services First Place for Youth (HPP) Shelter Network *Color denotes grantee headquarters. Palo Alto Donors The honor roll of donors gratefully acknowledges gifts and pledges made between July 1, 2010, and June 30, 2011. $1,000,000+ $100,000+ $50,000+ $25,000+ Anna and Mason Morfit Pevaroff Cohn Family Michael Liou Jennifer and Owen Van Natta The Brin Wojcicki Anonymous Anonymous Artis Capital Management, Oak Creek Foundation Foundation Alex and Diviya Magaro Wells Fargo Private Banking Foundation Kate Harbin Clammer and Dan and Stacey Case L .P. Susan and Bill Oberndorf Thomas Cornacchia Alison Mass John S. Willian Catherine and John Debs Adam Clammer Foundation Sloan and Roger Barnett Katie and Matt Paige Carla and David Crane MCM Foundation Shannon and Dennis Wong Mimi & Peter Haas Fund Coatue Foundation Matt Cohler Tina and Joe Bou-Saba Serena and Alec Perkins Credit Suisse Steven Merrill Mary and Harold Zlot James Family Foundation Penny and Jim Coulter Jean-Pierre Conte Emilia and Tad Buchanan Roberts Foundation Sarah and Jason Dilullo Bibi and Eric Moore Charles and Helen Schwab Mrs. Donald G. Fisher Emerson Collective Suzanne and George Bull Michael Schwab Lacey and Stephen Dunne Morgan Stanley $5,000+ Foundation Randi and Bob Fisher Goldman, Sachs & Co. Burberry Foundation Harvey Schwartz Douglas Durkin Anneke and Stephen Neal Anonymous (3) Nancy and Stephen Grand Hermine and David Heller Barbara and Bill Edwards Susan and David Tunnell Carla Emil and Rich Liebe Patterson Katie Albright and Jacob $500,000+ Philanthropic Fund Jawbone Lesa and Greg Faulkner Ashley and Minott Wessinger, Silverstein Patterson Family Foundation Schatz Fiona and Stanley Beth and Brian Grossman Elizabeth and Thomas Laura and John Fisher McKenzie Foundation Claire and Jeff Fluhr Kerry Landreth Reed and Apex Capital, LLC Druckenmiller Jane and Wyatt Gruber Laffont Alicia and Philip Tamara Fritz Creighton Reed Bank of America Merrill Laszlo N. Tauber Family Paul Tudor Jones Christine and Pierre Lamond Hammarskjold $10,000+ Danielle and Enrico Gaglioti Robin and Jake Reynolds Lynch Foundation, Inc. Kathy and Rick Kimball George Lee Holly and Parker Harris Ann and Chris Aristides Gibson, Dunn & Crutcher Mr. and Mrs. Peter R. Johanna and Tom Baruch Coltrane and Christopher Ali and Mark Pincus Dr. Nadine Burke Harris Dean and Anna Backer LLP Rosekrans Christopher Bass $250,000+ Lord Lisa and John Pritzker and Arno Harris Nancy and Joachim Bechtle Sarah and David Goldberger Demi and Fred Seguritan BTIG, LLC The Horace W. Goldsmith Peery Foundation Sara and Paul Recktenwald Paul Huchro Sanford C. Bernstein & Co., Julie B. Harkins Mona and Nihir Shah Sabrina Buell and Yves Behar Foundation Courtney Roberts Elizabeth