25Th Annual Report to the Community
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Eastern West Virginia Community Foundation 25 1995–2020 25 YEARS LOVING AND SERVING OUR COMMUNITY Silver Anniversary Report to the Community What is the Eastern West Virginia Community Foundation? • We are a 501(c)(3) nonprofit organization with a collection of 25 charitable funds established by donors to improve the quality 1995–2020 of life in the Eastern Panhandle of West Virginia. • We receive charitable gifts, work with families, individuals, businesses, other nonprofits, attorneys and estate and financial planners to devise plans to ensure a donor’s charitable contributions are used to the fullest extent and TABLE OF CONTENTS for maximum benefit. Greetings ....................................................................................3 • We place those gifts into endowed funds, manage the assets 2020 Board of Directors .........................................................3 for long-term growth, and award grants and scholarships from 25 Years of History ..................................................................4 the investment gains. Legacy Society ..........................................................................6 Accolades and Awards ............................................................6 An Anniversary to Remember ...............................................7 • We offer several types of funds to help donors achieve their Money Matters ..........................................................................8 charitable goals while also meeting community needs. 2019 Financial Snapshot .........................................................8 Investment Advisors Thank You ...........................................8 • Our volunteer board and four-person staff are committed Partners in Philanthropy .........................................................9 to understanding donor needs, representing their charitable 2019 Grants Awarded .......................................................... 10 interests, expertly handling complex gifts, wisely managing Green-Copeland Post 63 Flag ............................................ 10 charitable funds, and leveraging a wealth of community CCAP Loaves & Fishes ......................................................... 11 knowledge to increase charitable impact. Goldie Gibbons Park ............................................................. 12 Frada Fine Berkeley Education Fund ................................ 13 • We are not a cause, but rather a causeway, serving as a Mini-Grants to Teachers ...................................................... 13 collaborator between philanthropists, nonprofits, and other 2019 Scholarship Recipients ............................................... 14 funding organizations across the community. 2019 Scholars & Donors Reception .................................. 15 Summary of 2019 Gifts ........................................................ 16 How to Establish a Fund ...................................................... 16 Dennis D. Barron’s Legacy .................................................. 17 EASTERN WEST VIRGINIA National Standards Accreditation ..................................... 17 25 Years of Building Endowments .................................... 18 COMMUNITY FOUNDATION Unrestricted Funds ............................................................... 18 Gather. Grow. Grant. Agency & Hybrid Funds ....................................................... 19 Henry K. Willard II Legacy Gift .......................................... 19 Preserving our History ......................................................... 20 Designated Funds .................................................................. 21 United Way of the Eastern Panhandle Funds................. 21 Fund for Blue Ridge CTC ..................................................... 22 Doug and Joan Roach Charitable Fund ............................ 23 W. Randy Smith Family Fund .............................................. 24 Donor Advised Funds 24 ..................................................... 24 Our Mission is to improve the quality of life for all people Tom and Virginia Seely Children’s Fund ........................... 26 in Eastern West Virginia. The Community Foundation Field of Interest Funds ......................................................... 26 embraces the concept that people working together Scholarship Funds .................................................................. 27 can make a difference. We seek a common philosophy 2019 Martin Luther King Scholars .................................... 28 whereby people recognize, understand, and act upon 2019 Terry Lee Walker, Jr. Scholars .................................. 29 Hampshire County Community Foundation ...................30 the benefits philanthropy brings to our community. We Hampshire County Affiliate Funds .................................... 31 build permanent endowment, offer maximum flexibility Hampshire County Affiliate Grants & Scholarships ...... 32 to our donors, meet high professional standards, promote HeadStart Students Thrive ................................................. 33 effective and efficient grantmaking, and strengthen Spirit Honorees ...................................................................... 33 charitable organizations in our community. Hardy County Community Foundation ...........................34 Hardy County Affiliate Grants & Scholarships ............... 35 JackBots Robotics Team ...................................................... 36 2019 Gifts to the Community Foundation ...................... 37 229 East Martin Street, Suite 4, Martinsburg, WV 25401 Wurzburg Legacy Gift of Real Estate ............................... 39 304-264-0353 • www.EWVCF.org • [email protected] Jane Snyder Youth Fund ......................................................40 Serving Jefferson, Berkeley, Morgan, Hampshire, and Hardy Counties 2 Gather. Grow. Grant. GREETINGS EWVCF 2020 For 25 years, the Eastern West Virginia Community Foundation has been a BOARD OF DIRECTORS leading grant maker in Jefferson, Berkeley and Morgan counties, and for the We are fortunate to have a strong and past 15 years in Hampshire and Hardy counties, working with donors to create engaged board of directors representing all endowed funds to benefit local nonprofit organizations and charitable causes. five counties we serve. Our board meets We have prospered under the guidance of a strong board of directors, a highly four to six times a year and each director professional staff, skilled investment advisors, and a remarkably generous also serves on one or more committees. community. What began with an initial $100,000 scholarship fund established by George Hancock in 1995 has grown to more than 245 component funds with nearly $30 million in endowed assets. Our board of directors had established a goal of awarding $1,000,000 annually in grants and scholarships by 2020, and I am happy to report we will exceed that goal this year, including providing more than $332,000 in support to local organizations that are assisting those most impacted by the coronavirus pandemic. During the past 5 years, EWVCF has established and grown Bill White, President community impact funds for the counties we serve, and we anticipate these Andrew McMillan, Vice President will allow us to address issues in a more flexible manner as they occur in the Susan Caperton, Secretary future. Our Corporate Partners in Philanthropy are incredibly supportive of Chris Janelle, Treasurer our mission, and they underwrite our nonprofit training programs, this annual Lisa Welch, Past President report, scholarship and grant receptions, and much more. Dan Anderson In this Report to the Community, you will read about things that are happening Patty Austin this year (page 7) and learn a little more about our history (pages 4 & 5). We Don Baker hope that the photos and stories help you gain a better understanding of Beth Brent what a remarkable organization this is and how we play a vital role as one of Charles “Chip” Hensell the Eastern Panhandle’s anchor institutions. We are excited about the future George Karos of the Eastern Panhandle of West Virginia and are fortunate to have a role Judi McIntyre in continuing to make it a wonderful place to live. If you have any questions, Pat McMillan please give us a call at (304) 264-0353. Charlotte Norris Chris Palmer Ruth Pritchard Scott Roach Bill White, President Jen Rolston David DeJarnett, Pro bono Legal Counsel 304-264-0353 www.ewvcf.org // 3 25 25 Years of 1995–2020 COMMUNITY PHILANTHROPY 1995 1997 Local philanthropists establish a First Legacy Society community foundation for West gift establishes Virginia’s Eastern Panhandle. the Jane P. Snyder Doug Roach agrees to serve as Youth Fund. first Board President and George Hancock endows the Community Foundation’s first fund with a $100,000 gift in memory of his wife Holly Woods Hancock. 2000 2002 Assets grow to $1 million Amy Owen hired as first and EWVCF awards $50,000 Executive Director. Claude E. in grants and scholarships. Benedum Foundation awards Tia McMillan becomes a grant to the Community second Board President. Foundation to underwrite part- time Executive Director position. 2004 Diane Dailey becomes third Board President. Community Foundation hosts first Spirit of the Panhandle to honor local volunteers Jean Neely from Jefferson County, Ginnie Molnar from Berkeley County, and Gail Shade from Morgan County. 2005 Amy Owen becomes full-time Executive 2006 Director and EWVCF moves into offices Hampshire