Weathering theStorm

 Community Report  Financial Report

LA PLATA COUNTY ARCHULETA COUNTY MONTEZUMA COUNTY DOLORES COUNTY SAN JUAN COUNTY What’s 2020 Board Inside? Members

We are weathering the storm, together. Executive Team As you peruse this Community Report, Mike French, President Shawn Candelaria, it is important to keep in mind that the Vice President Debbie Pfeifer, Secretary Community Foundation focuses on Bill Young / Amy Moody, Treasurer three initiatives: Suzanne Harrison, Past President First, we work with donors to impact our community. Join us and leverage your legacy. We are watching the weather, and we General Membership recommend dressing in layers and a good pair of socks. Haley Arias Wendy Barney Donor Advised Fund spotlight on page 3 Bethany Bieth Planned Giving spotlight on the back cover Nancy Bonnett Melissa Glick Financial spotlight on pages 10 & 11 to review our 2019 audited financials Kim Oyler Second, we support the nonprofit sector through grants, professional development, and capacity building. A strong nonprofit sector means our philanthropists are Non-Board Committee investing in financially stable, forward-thinking organizations that are making SW Members Colorado a great place to live, work and play. Consider us the umbrella that provides Susan Buchner shelter from the storm. Chuck Fredrick Dick Griffith See pages 6 & 7 for a list of organizations that received a grant in 2019 Jan Johnson See pages 8 & 9 to learn about the different ways we support nonprofits Michelle Kooi Diane Levison Third, we work with the community to look for creative and collaborative ways to Sherry Phillips solve big issues, like the turbulence brought on by a pandemic. Philanthropy plays an Steve Phillips important role in providing protection from the storm, and we look forward to the day David Smiley we can close our umbrellas and greet fairer weather. Lauren Ziesel See pages 4 & 5 for our CERF report including vignettes about special projects that really make this $1.25 million Staff infusion come to life Briggen Wrinkle, Happy Reading, Executive Director Erin McGuinness, Finance Director Briggen Wrinkle | Executive Director Tracy Pope, Marketing & Grants Director

INSPIRATIONAL SPONSORS

P.O. Box 1673 Durango, CO 81302 970.375.5807 www.swcommunityfoundation.org 2 THE COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO Our most popular fund is a Donor Advised Fund, which allows you to receive tax benefits immediately, Donor Advised Fund while making charitable contributions over time. We manage your account’s investments and granting, based on Spotlight your recommendations.

Ed and Lois Bartig-Small have called Durango home for Designated Funds 2019 40 years. Known by many from their days as teachers Native American Education Fund at Smiley Junior High, their passionate pursuits in what can only loosely be called retirement have also defined Donor Advised Funds 2019 who they are and what they offer our community. Having Barney Family Fund inherited the giving responsibilities of a Donor Advised Bartig-Small Family Fund Fund from Lois’ parents, it is no surprise that the Bartig- Boone Fund Smalls are creating a legacy of impact of their own, by Brandsma Family Fund contributing to local charities that support the passions Brandsma Medical Fund they have enjoyed throughout their lifetimes. Bryan and Jacquelyn Dear Fund Cathy Crum Fund Lois and Ed work with a large Community Foundation in California to support Cochennet Fund the legacy of her family; however, it is the personal relationships they have found Costello Forward Fund locally at the Community Foundation serving Southwest Colorado that they credit Dear Education Fund for boosting the philanthropy of the Bartig-Small Family Fund. Durango Mountain Resort Fund Even Keel Fund Lois has a particular passion for the outdoors, the environment, and the protection First Southwest Bank Fund of our beautiful wilderness areas, while Ed enjoys working with people with Fred and Ruth Jacques Family Fund disabilities. The couple meets regularly with the Community Foundation staff to French Family Fund stay connected with the landscape of our local nonprofit community, learning Gene and Sally Bradley Family Fund timely information about a broad array of organizations that support their Glick Family Fund interests. Harris Family Fund Janice C. Sheftel Fund Relying on the skills and knowledge of the Foundation enables the Bartig-Smalls Katz Family Fund to expand their giving to new organizations that they might not be as familiar with. Loftis Family Fund The Foundation also keeps track of their regular giving and requests grant updates, Martin Family Fund McWilliams Family Fund which are provided and reviewed annually. This intimate relationship makes local New Dimensions A Fund support easy and fruitful. New Dimensions B Fund Once a teacher, always a Odd Fellows Cemetery Fund Olivia Buchanan Avalanche teacher—so the Bartig-Smalls Education Fund have a lesson to share with Open Hand Fund us all about empowering our Salomon Family Fund passions and our philanthropy Sandal Cross Memorial Fund to make a difference in Sherri Rochford Figgs Fund Southwest Colorado. The Stilwell Family Fund Community Foundation Wayne Settle Athletic Scholarship Fund can help facilitate your Young Family Fund charitable goals, as well, with a personalized approach to Field of Interest Funds 2019 your community investments. Archuleta County Fund Schedule an appointment with Community Emergency Relief Fund Briggen and learn how we can Impact Investing Fund support you, as you support La Plata County Fund our amazing community.

2020 COMMUNITY REPORT | 2019 FINANCIAL REPORT 3 COVID-19 COMMUNITY REPORT CERF supports nonprofits and the broader community

$910,726 CERF Funds Raised Community & Service Organizations $47,790 49% Daybreak Rotary, High Noon Rotary, St. Columba, of CERF funds United Way, UU Fellowship of Durango FROM Local Corporate Donors $102,732 INDIVIDUALS Alpine Bank, Animas Surgical Hospital, Bank of Colorado, Bank of San Juans, First SW Bank, LPEA, McDonalds, Payroll Department, TBK Bank, United Way, Vectra Bank LARGEST GIFT Local Government $84,000 DAF/Family Foundations $193,750 $190,000 from an individual Front Range Foundations $25,000 End Hunger, El Pomar, Moniker No-touch Thermometers Project $16,355 97.25% Bank of Colorado of CERF funds RAISED Individuals $141,099 LOCALLY LARGEST GIFT Tech Gives Back (4 individuals) $300,000 $25,000 from a business $910,726 CERF Funds Spent LPEA Save the Food, Feed the People $8,686 Tito’s donated 3 Rounds of Grants to Nonprofits $359,500 $40,000 Food Security $187,621 in hand sanitizer Distributed to nonprofits in all 5 counties for nonprofits and No-touch Thermometers Project $16,437 school districts in SW Colorado Youth Initiative $99,270 SMALLEST 2021 COVID Assistance $147,000 GIFT Administration Costs $24,811 $10 CERF Investment for Future Emergencies $24,000 from an individual Community Foundation Grant Management $43,401

4 THE COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO $1.25+ million in COVID CERF & rapid-response granting Community Foundation Grants: $1,264,694 through the Community Foundation Animal Protection: $13,250 Arts & Culture: $186,100 Once again, we are humbled to see the Education: $235,850 community come together to support neighbors. Environment: $30,000 This report shares how emergency contributions were Human Services: $630,224 Youth: $154,270 distributed to SW Colorado through October 30. Other: $15,000 CERF Grants: $617,514 Donor Advised Funds & Projects: $593,180

Tech Gives Back School & Restaurant Appreciation

A small group of technology business leaders donated The Community Foundation rallied our Donor Advised $300,000 to support the community through: Funds and infused $37,000 into local restaurants to purchase a $50 gift card for every staffer at Durango 9R

$100,000 to Food Security School District and Animas High School, to say thank The Community Foundation purchased seven truckloads you to 733 people who have worked hard to educate our ($64,000) of non-perishable foods to stock food pantry students and protect our community. shelves in our five-county region. We committed another $36,000 in perishable food purchases, leveraging these orders to spur another $85,000 from other sources, including CARES Act money, to expand reach and Southwest Colorado deepen quantity received. A fringe benefit is supporting Disaster Assistance our regional farmers by locally-sourcing veggies and beef. The Community Foundation launched the SWCODA website to provide resources for nonprofits, local $100,000 to Youth Employment information about COVID protocols, and economic Supported 17 nonprofits that continued to provide recovery tools. All five counties have information and quality youth employment opportunities that challenge resources listed on SWCODA.org. our youth to have a deeper understanding of our community and learn real-life skills. Match Madness $100,000 in reserve for unforeseen needs in 2021 Everyone loves their dollar to stretch and donations are no different. The Community Foundation spearheaded Save the Food, Feed the People several match opportunities to maximize giving.

This project’s simplicity was its brilliance. Blaine Bailey, The Payroll Department challenged its clients to match founder of In the Weeds, realized that with spring break Payroll’s CERF donation of $10,000. Total gift from the cut short, restaurants had kitchens full of food and no Payroll Department and their clients was $20,000. customers, and chefs were out of work. Blaine worked Animas Surgical Hospital worked with its partners on a tirelessly to employ local chefs who prepared the food on match challenge that raised $28,000 for CERF. hand before it spoiled. They created healthy and delicious meals to be delivered to seniors, families, and high-risk Local businesses, governments, family funds and individuals. The Community Foundation paid the chefs individuals matched CERF Grant Rounds 1&2 to double who prepared 600 meals a week. the grants given to nonprofits.

2020 COMMUNITY REPORT | 2019 FINANCIAL REPORT 5 Causes our Donors Care About The Community Foundation serving Southwest Colorado infused $1.8 million into Southwest Colorado’s nonprofits in 2019

$1,270,191 in grants to nonprofits from our Fund Holders $457,330 in grants from Friends of the Foundation to our fiscal sponsorships and other projects $58,500 in scholarships for educational opportunities $35,032 in grants funded by the Community Foundation projects

Animal Protection Mancos Valley Chorus Durango 9R Merely Players Durango Adult Education Center $47,865 Mountain Light Music Festival Durango Education Foundation 4 Paws 4 Life Rescue Music in the Mountains El Paso Community College Audubon-Rockies New Face Productions Fort Lewis College Bear Smart Ouray Opera House Fort Lewis College Foundation La Plata County Humane Society Pagosa Springs Arts Council Joel Zucker Memorial Scholarship Fund LASSO Pagosa Springs Girls Choir Know Your Dough Lisa Parker’s Puppies Powerhouse Science Center La Plata High Noon Wolf Woods Rocky Mountain PBS Rotary Scholarship Fund San Juan Symphony Lawrence University Stillwater Music Liberty School Arts & Culture Lincoln College $313,986 County / Impact Metropolitan State University of Denver 3rd Ave. Arts Montana State University Be Frank Foundation $42,518 Native American Education Fund Betty Serzen Endowment Archuleta County Fund Northern Arizona University Colorado Public Radio First Southwest Community Fund Northern Colorado University Crow Canyon Archaeological Society Impact Investing Fund Olivia Buchanan Dumpster Beautification Project La Plata County Fund Avalanche Education Fund Durango Arts Center Prairie Hill Waldorf School Durango Botanical Garden Education Regis University Durango Creative District Riverhouse Children’s Center Durango Film $557,667 San Juan College Durango Friends of the Library Adam State University Seattle University Durango Playfest Animas High School University of Illinois Foundation Fort Lewis Concert Hall Arizona State University University of Colorado Boulder High Country News Colorado Christian University University of Colorado Denver iAM Music Colorado College University of Colorado, KDUR FM Colorado Education Initiative School of Law Foundation KSUT Colorado Mesa University University of Northern Colorado La Plata Historical Society Colorado State University University of Virginia Local First Foundation Cornell College Western Colorado University Willamette University 6 THE COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO Environment Housing Solutions for the Southwest United Way Kemple Dental Clinic Veterans of Foreign Wars $72,201 Kentucky Refugee Ministries – Volunteers of America 2 Forks Club Lexington Wayne Settle Athletic Fund 350.org Kiwanis Rocky Mountain District Women’s Resource Center 4Core Foundation Conservation Legacy La Plata Search and Rescue Durango Nature Studies La Plata Youth Services Youth Garden Project of SW Colorado Manna $200,471 Great Old Broads for Wilderness Mayo Clinic All Forward Adventures La Plata Open Space Conservancy Mercy Health Foundation Big Brothers Big Sisters Montezuma Land Conservancy National Abortion Rights Action League Boys and Girls Club Mountain Studies Institute Pine River Shares Dollywood Foundation Pagosa Springs Area Trails Council Planned Parenthood Durango BMX Renewable World Foundation Rise Above Violence Durango Youth Baseball San Juan Citizens Alliance Salvation Army Nordic Ski Club San Juan Mountains Association Sexual Assault Services Organization Rainbow Youth Center Sierra Club Foundation Shanta Foundation The Nature Conservancy Southwest Center for Independence Trails 2000 The American Legion Other Vallecito Nordic The Mango Project $40,102 Thrive! Living Wage Coalition Colorado Association of Funders Human Services Unitarian Universalist Association Community Foundation serving $546,243 Unitarian Universalist Fellowship Southwest Colorado Durango San Juan Development Association 3 Hopeful Hearts Unitarian Universalist ACLU of Colorado Service Committee Adaptive Sports Association Alzheimer’s Association American Belarusian Relief Organization ARC of Southwest Colorado Aspen House Blueprints of Hope Durango Fire Protection District Breast Cancer Research Foundation 2019 Grants Bridge of Life Café au Play Total: $1,821,053 Cancer Coalition of Southwest Colorado Children’s Hospital Colorado Foundation Community Connections, Inc. Animal Protection: $47,865 Community Emergency Arts & Culture: $313,986 Assistance Coalition Community Health Action Coalition County / Impact Funds: $42,518 Community Treehouse Compañeros Education: $557,667 Cyclic Vomiting Syndrome Association $72,201 Daybreak Solar Project Environment: Durango Baptist Church Human Services: $546,243 Durango Derailers Durango Food Bank Youth: $200,471 Durango Sangha Facing Our Risk of Cancer Empowered Other: $40,102 First United Methodist Church of Cortez Good Will Gospel Volunteers, Inc. Habitat for Humanity

2020 COMMUNITY REPORT | 2019 FINANCIAL REPORT 7 Nonprofit Support Spotlight 2020 has been a challenging year helping the nonprofit sector shelter from the storms that have deluged our world. By providing professional development virtually and grant opportunities creatively we are working diligently to ensure our community’s valued organizations start 2021 with a solid footing and a keen eye on the horizon.

Capacity Building

Our usual professional development opportunities have gone virtual. Since March, we have hosted a nonprofit Grant resource page on our website, sent Management countless email newsletters, and curated twice-monthly Zoom webinars, all with The Community the intent of increasing organizational Foundation provides capacity across the region. grant management services for the Our Something to Chew On webinar series Ballantine Family covered topics including a deep-dive into Fund, the Payroll COVID-impacted nonprofit financials, Department and building a remote workplace culture, Primus Restaurant. and strategic planning during uncertain We utilize our times. We also provided a six-month- extensive knowledge of the nonprofit sector to assist local entities with long personalized coaching experience their philanthropic giving, in excess of $340,000 annually. We manage on planned giving for five organizations details of the grant application and across La Plata and Archuleta counties, review processes of more than 200 as well as 10 scholarships to the Colorado organizations, while the grantors make Nonprofit Association’s two-day virtual the final disbursement decisions. We conference offer fund distribution services, as well for nonprofit as post grant report monitoring. If you leaders in are interested in learning more about Durango, how we can help you streamline your Cortez and corporate giving or family foundation Pagosa granting, please give us a call. Springs.

8 THE COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO Grantmaking

With in-person gatherings cancelled, our Community Concerts were reimagined. We moved the shows to the radio to benefit local musicians, while raising more than $47,000 for 10 arts organizations across La Plata County – more than twice what our typical summer concerts bring in. At a time when it was challenging to ask for donations for anything other than direct human services, we provided the opportunity for arts and culture Fiscal Sponsorship 2019 organizations to raise funds for the sector, All Forward Adventures reminding donors that we need art, music, and Bear Smart beauty in our community, now more than ever. Café au Play Cancer Coalition In Archuleta County, our 19th Hole grantees of SW Colorado also earned more than usual by selling Rise Community Health & Recover Together t-shirts and hats. Three Action Coalition participating organizations each earned more Community Treehouse than $2,200, while offering community- Daybreak Solar Project building merchandise designed to bring us Dumpster Beautification together. The Archuleta County Fund also Project benefitted from the campaign. New Face Productions Pine River Shares

Scholarship Funds 2019 Durango Area Association of Realtors Fund Joel Zucker Memorial Scholarship Fund La Plata Rotary Scholarship Fund

Organization Funds 2019 Adaptive Sports Association Fund Axis Health System Fund EMS Scholarship Fund Durango Food Bank Fund Durango Nature Studies Fund Flick and Knopick Endowment Fund Regional Collaboration Give Sonlight to the Next Generation Fund As a regional champion for Southwest Colorado Gives, we are once again Kiwanis Club Service Fund spearheading the collaborative promotion of 85 organizations across our five La Plata Historical Society counties for the statewide giving day on December 8. This year we introduced an Fund electronic magazine for friends and fundholders to highlight what nonprofits need, United Way of Southwest Colorado Fund now. Year-end giving in 2020 will be more impactful than ever. Visit swcogives. Women’s Resource org to give where you live, supporting the organizations that serve the communities Center Fund where we work and play. Our goal is to raise $300,000 locally.

2020 COMMUNITY REPORT | 2019 FINANCIAL REPORT 9 Financial Growth in Total Assets Spotlight

Throughout the Community Foundation’s two decades of service, we have experienced both sunny and stormy weather.

Our solid growth in assets demonstrates our ability to respond, as needed, regardless

of the forecast. When individual donors 1,927,703 2,071,495 3,200,382 3,689,712 3,757,800 3,927,558 4,405,611 5,090,525 5,110,638 6,509,199 combine their funds with the dollars of other Community Foundation donors, the impact is substantial. 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 To review a copy of the full audit, The bar chart is a snapshot of the growth of the visit SWCommunityFoundation.org Community Foundation’s total assets over the last decade.

Assets 2019 Statement by Fund Type of Financial Position

Assets Cash & Equivalents 539,878 Investments 5,968,252 Donor Advised Funds: 56% Other 1,069 Total Assets 6,509,199 Organization Funds: 25% Fiscal Sponsorships Liabilities Organization Funds 1,611,688 & Scholarships: 10% Nonprofit Support Funds:4% Net Assets Purpose Restricted 862,712 CF Operations & Reserve: 5% Unrestricted 4,034,799 Total Net Assets 4,897,511

Total Liabilities & Net Assets 6,509,199

10 THE COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO Keeping our operating costs low is 2019 Income Sources something we take seriously. for Operational Expenses

It is our goal that donors’ dollars be maximized. That is why quality service, combined with a thrifty mindset, makes us a great team for your giving.

Administrative Income: 57%

Corporate / Event Income: 31% Facts for a Individual Contribution: 10% Rainy Day Board Contribution: 2%

Community Impact For every $1 vs. Operational Expenses Our we spend in expense operations, 2017 2018 2019 ratio is we facilitate 4.2% $6.63 of the in grants total assets we manage

The average size of our donor advised fund is 75% of our Donor Advised Funds $100,000 gave grants so far this year 274,639 250,160 251,231 1,790,624 5,090,525 2,865,864 5,110,638 1,821,053 6,508,881

We grant to local, Operating Expenses $709,823 from Community national, and Total Grants to Community Emergency Relief Fund facilitated giving for 416 Fire relief and support international nonprofits CF Assets across all sectors

2020 COMMUNITY REPORT | 2019 FINANCIAL REPORT 11 Planned Giving Spotlight I moved to Durango 12 years ago to enter decisions about how, when and where to distribute my trust. a new chapter of my life. I had lost my Naming the Community Foundation in one’s planned giving husband to a cardiac virus. In addition to avoids the need to make legal amendments in what can be an enormous emotional transition, there an ever-changing nonprofit world. was a financial transition. I needed to go through tedious legal document review In addition, there are significant benefits to having local, and revision, including a charitable trust. face-to-face conversations and philanthropic review Because of changes and closures of named charities, I ended with someone you trust. The Community Foundation up making cumbersome amendments to the trust several simultaneously has the best interest of the nonprofit sector times within just one year. and the philanthropic sector, all under one roof. The value of my peace of mind and ease of using my giving history, while I had an elementary familiarity with community ensuring meaningful distributions into the future, cannot be foundations through my nonprofit work, so I turned to emphasized enough. our local Community Foundation for better options. My meeting with the executive director, Briggen Wrinkle, led This realm of one’s life includes serious and challenging immediately to my setting up a donor advised fund. I then decision making. Having local vetting of nonprofits and in- learned of the opportunity to include the Community person advisement is an invaluable benefit. In addition, after Foundation in my estate planning, to further benefit my having been an executor twice now, there is relief knowing giving plan. I named the Foundation as the recipient of and my children will have a much easier road ahead in continuing administrative advisor for distribution of my charitable trust, my legacy. upon my incapacity or death. I have enjoyed a rigorous and satisfying relationship with My legacy committee is made up of my adult children and the Community Foundation, five years of which I happily my financial advisor, with consultation from the Community served on the Board of Directors. I encourage each of you Foundation. Working together, this committee will have the to consider how the Community Foundation could help you benefit of the wise guidance of the Community Foundation with your legacy. to settle my affairs. This work will be based on my thorough, —Kathleen Adams established philanthropic history with the Community Foundation. My children will use this history to make

Leverage Your Legacy with the Community Foundation How can you maximize strategic investments now and into the future?

Bequests, Life Insurance & Residual Gifts Retirement Plan Gifts Contingent Gift

This estate gift goes to the With specific language in The Community Foundation Community Foundation and your will or trust, you may and other charities are named other charities after your donate cash, securities, life as a beneficiary upon estate expenses and other insurance and property. contingency terms Charitable gifts are paid. having been met. Living IRA Trust Rollover

Contact your legal counsel or financial planner to learn more. Reach out to the Community Foundation for assistance with your legacy impact.