points of connection Triangle Community Foundation ANNUAL REPORT JULY 1, 2005 – JUNE 30, 2006 contents 1 Our Vision 2 Annual Message 4 Points of Connection 14 Board of Directors and Foundation Leadership Council 15 Committees 17 Create a Charitable Fund 19 Donor Services 20 New Funds 23 Existing Funds 29 Grants 40 Scholarships 42 The George H. Hitchings Society 43 Contributors 58 Financial Information 60 Staff Triangle Community Foundation Tammy Lynn Center for Developmental Disabilities (above) Resource Center for Women & Ministry in the South (left, photo credit Jim Kenny) our vision Triangle Community Foundation believes that philanthropy is vital to the realization of our community’s potential, and we aspire to be the region’s leading philanthropic organization. We are uniquely positioned to match our local knowledge, network and credibility with the generosity and vision of our donor partners. We will leverage these resources to produce long-term, meaningful impact in our community and to encourage a culture of committed philanthropy. The ArtsCenter (above) North Carolina Symphony (right) 1 annual message EXTENDING OUR REACH An oft-mentioned belief holds that only six people separate any one person from another. Given the billions of people inhabiting the planet, that would seem, at first glance, impossible. But… It does make sense if you stop to think about the many ties binding us to people in our local community and beyond. As this past fiscal year has shown, it definitely is true for the Triangle Community Foundation family. From supporting local programs to providing aid to Katrina evacuees in the Triangle and the Gulf Coast to offering assistance to worthy programs across the nation and the world, Foundation donors have reached out to family, friends and strangers alike, significantly extending their reach each time. We’re honored to have played a role in making those connections. We take seriously our responsibility as stewards of the community’s treasure—your gener- ous donations and philanthropic spirit. We strive daily to honor the rich legacy left to Triangle Community Foundation by founding President Shannon St. John. We also look toward the future and the promise it holds, thinking boldly about the years ahead. This December, Board, staff, Foundation Leadership Council members, nonprofit leaders and fundholders embarked upon the first steps of an eight-month process to develop a strategic plan, a roadmap for Andrea Bazán-Manson Peter Meehan 2 OUR MISSION Triangle Community Foundation connects philanthropic resources with community needs, creates opportunity for enlightened change, and encourages philanthropy as a way of life. OUR CORE VALUES • Our organization is characterized by a generous and caring spirit. • We operate with integrity, transparency and credibility. • We value inclusiveness, diversity and equity. • We foster innovation, collaboration and imagination. • We accept responsibility for the long-term stewardship of the resources entrusted to us. • We are committed to institutional excellence and valuable service to our constituents. • We seek to develop and influence philanthropic leaders. • We are an action-oriented community member and ally. the next five years. The resulting plan, which was approved in August 2006, prepares us to address the many new challenges we’ll face moving forward. It truly is a plan that will enable Triangle Community Foundation to be engaged, active and accountable. In that vein, we’re proud to present this annual report, which highlights the many individuals and organizations that were an integral part of this past year’s successes. This publication gives everyone associated with the Foundation an opportunity for well-deserved recognition. It also serves to remind us what a privilege it is for both of us to be affiliated with Triangle Community Foundation and how important the Foundation’s work is to the region. In today’s increasingly complex environment, new demands are regularly placed on the Foundation. Each day, the Triangle’s more than 5,000 nonprofit organizations undertake vital work, and each day, the need for substantial funding to support that work grows. However, we’re confident the necessary resources will be found. For nearly 25 years, the Foundation family has generously responded to the area’s changing needs. Together, we’ve established points of connection reaching far beyond the scope of any one individual, enabling us to address head-on some difficult obstacles. Let’s build on that history and look toward building a future with promise for all. Peter J. Meehan Andrea Bazán-Manson Chairman President Triangle Community Foundation Triangle Community Foundation 3 it begins with A point of connection, where what is seemingly separate comes together. The point where a link to a friend—even an acquaintance— ties us to people not just in our immediate community but to those several states away. On August 29, 2005, Hurricane Katrina wreaked havoc on the Gulf Coast with repercussions felt nationwide. Old hands at mobilizing community resources in response to natural disasters here in the Triangle, the region’s philanthropic community quickly “When neighbors help neighbors, established its own points of and even when strangers help strangers, lives are transformed, connection, creating a chain new relationships are established reaching from the Triangle to and new forms of community the Gulf Coast and back again. are possible.” — Ambassador James A. Joseph, J. A. Joseph Family Fund of Triangle Community Foundation With funds ranging in size from $10,000 to $10 million, Triangle Community Foundation offers a number of flexible ways to put philanthropic dollars to work. To limit costs and administrative burden, Ambassador Joseph and his wife, Mary, converted funds from a private family foundation to a donor-advised fund, the J.A. Joseph Family Fund of Triangle Community Foundation. Pages 17 and 18 provide more details about options for creating a fund at TCF. 4 a beacon of hope Triangle Community Foundation Board member Ambassador James A. Joseph has had a distinguished career in government, business, education and philanthropy. It’s taken him around the world to Washington, D.C., where he’s served four Presidents and led the Council on Foundations; to South Africa, where he served as U.S. Ambassador and currently is an Honorary Professor at the University of Cape Town; and to the Triangle, where he heads the U.S.—Southern Africa Center for Leadership and Public Values at Duke University. But it all began in Opelousas, Louisiana, where he was born. Given those roots and his many accomplishments, Ambassador Joseph was tapped to be Board Chairman of the Louisiana Disaster Recovery Foundation, inspiring countless others to extend their hearts and hands in support of the affected region. Ambassador James A. Joseph 5 and an offer of help As the scale of the devastation became evident, many local groups stepped up their work. Of primary importance was finding safe, afford- able housing for evacuees to the region. Equally significant, but often forgotten, was the need for basic furnishings. Something as simple as a bed to sleep on or a chair to sit in can make a world of difference to a survivor of a natural disaster who is struggling to regain a sense of nor- malcy. Armed with $25,000 in donations from anonymous Foundation fundholders, Rebuilding Together of the Triangle launched the Emergency Interiors program to distribute donated furniture to disaster survivors. So successful were the calls for help that the two organizations recently opened a 25,000- square-foot regional warehouse to store furniture earmarked for Katrina victims in North Carolina and the Gulf Coast. Brenda Monroe, Executive Director, Emergency Interiors 6 Nonprofit agencies of all types across the Triangle were involved in Katrina relief efforts. Durham’s Carolina Theatre, via a grant underwritten by the Fletcher Performing Arts Fund of Triangle Community Foundation, sponsored a Christmas concert by New Orleans’ own Aaron Neville. That concert supported Habitat for Humanity’s “Operation Home Delivery,” a program designed to provide housing for low-income families in the region. And trucks from Triangle Residential Options for Substance Abusers (TROSA) transported donated emergency goods and supplies to the Gulf Coast. “Combining volunteer labor, donated materials and financial support from the community at large, Rebuilding Together is able to revitalize communities and offer a ray of hope in sometimes desperate situations.” — Kevin Polk, Executive Director, Rebuilding Together of the Triangle Kevin Polk 7 TROSA graduate William Wood was one of four recipients of this year’s GlaxoSmithKline Opportunity Scholarships, which recognize Triangle-area residents who have overcome significant adversity in life, and who have demonstrated a desire to improve their lives through education. This scholarship is one of 54 that Triangle Community Foundation manages. This year, 96 individuals were awarded scholarships totaling nearly $350,000 via funds housed at the Foundation. “With total gifts to TROSA in excess of $150,000, Triangle Community Foundation donors have empowered people to change their lives and given hope to those who have none.” —Kevin McDonald, President and CEO, TROSA Ty Dexter, Scholar Randy Garcia, 8 House Manager and Phase One Coordinator to rebuild communities and lives Substance abuse wreaks a havoc of its own—destruction sometimes equal to that of a natural disaster. Lives can be lost. Families destroyed. And links tying people together too often severed. Triangle Residential Options for Substance Abusers (TROSA) is committed to rebuilding lives—rebuilding connections. Operating a highly structured and disciplined program, TROSA accepts substance abusers with one condition: They must have a strong desire to change their lives. The two-year residential program includes vocational training, education, peer counseling, mentoring, leadership training and aftercare. Participating in one of the organization’s many vocational training programs, such as catering, lawn care and moving, residents find a new sense of hope—a new sense of purpose.