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It's What I'm Doing for the Next Generation.” “Legacy Is Not What I Did

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It's What I'm Doing for the Next Generation.” “Legacy Is Not What I Did Dear Friends— Wow – what a year 2020 has been! It’s been great! (Although I’m sure some folks might disagree.) The Montgomery County Community Foundation had a very successful year. MCCF increased our Fund Corpus to almost $9,000,000 thanks to our own very generous Henry Brooks and his very thoughtful legacy gift, along with many other kind donors. We provided almost $20,000 in scholarships to deserving students throughout Mont- gomery County. The Foundation awarded grants totaling over $185,000 to local deserving non-profit entities. These charitable organizations spread their reach throughout Montgomery County in various ways, touching so many worthy folks. Do you have a favorite 501(c)3 charitable organization? Encourage it to apply. It could be a recipient of some of these funds as well. We continue to offer our Field of Interest funds. These were created to benefit our donors by allowing a donation in memory of a loved one, or to honor a special friend, or for any 2001 Timberloch Place • Suite 500 “ reason at all. You can donate to these any time for any reason, or create your own. Pick The Woodlands, TX 77380 Legacy is not what I did for myself. the field that touches your heart. And most recently, MCCF distributed over $50,000 to • • • • • • • • • • • • • • • • • • • • the Community Assistance Center and Montgomery County Food Bank for deserving 281.363.8158 • mccfoundation.org It’s what I’m doing for the next generation.” families who were adversely affected by our February snow-mageddon event. [email protected] —Vitor Belfort And that’s while we were in the midst of a worldwide pandemic. The Foundation’s President and CEO, Julie Martineau, redirected our fundraising efforts to a new format for our Annual Shoot Out rather than cancelling the event. Shooters were given the opportunity to safely set their own team’s schedule over a period of several weeks and report their scores back to MCCF. We successfully raised over $40,000 dedicated to pay office administrative costs for the Foundation. And the Shooters had a great time and stayed healthy. Our 2020 Annual Wine Dinner raised over $100,000 to go toward administrative costs just days before the pandemic affected the world. These two fundraisers allow us to continue to pay office administrative costs outside our funds, rather than charging the donor funds for those expenses. Many thanks to those who continue to support the Montgomery County Community 2020 ANNUAL REPORT Foundation – the donors, the participants in the fundraisers, the staff, and the dedicated volunteers. MCCF is looking forward to another successful year in 2021. The world is changing. Let’s be a positive part of the change! Amanda Trapp CHAIRMAN OF THE BOARD Dear Friends— Wow – what a year 2020 has been! It’s been great! (Although I’m sure some folks might disagree.) The Montgomery County Community Foundation had a very successful year. MCCF increased our Fund Corpus to almost $9,000,000 thanks to our own very generous Henry Brooks and his very thoughtful legacy gift, along with many other kind donors. We provided almost $20,000 in scholarships to deserving students throughout Mont- gomery County. The Foundation awarded grants totaling over $185,000 to local deserving non-profit entities. These charitable organizations spread their reach throughout Montgomery County in various ways, touching so many worthy folks. Do you have a favorite 501(c)3 charitable organization? Encourage it to apply. It could be a recipient of some of these funds as well. We continue to offer our Field of Interest funds. These were created to benefit our donors by allowing a donation in memory of a loved one, or to honor a special friend, or for any 2001 Timberloch Place • Suite 500 “ reason at all. You can donate to these any time for any reason, or create your own. Pick The Woodlands, TX 77380 Legacy is not what I did for myself. the field that touches your heart. And most recently, MCCF distributed over $50,000 to • • • • • • • • • • • • • • • • • • • • the Community Assistance Center and Montgomery County Food Bank for deserving 281.363.8158 • mccfoundation.org It’s what I’m doing for the next generation.” families who were adversely affected by our February snow-mageddon event. [email protected] —Vitor Belfort And that’s while we were in the midst of a worldwide pandemic. The Foundation’s President and CEO, Julie Martineau, redirected our fundraising efforts to a new format for our Annual Shoot Out rather than cancelling the event. Shooters were given the opportunity to safely set their own team’s schedule over a period of several weeks and report their scores back to MCCF. We successfully raised over $40,000 dedicated to pay office administrative costs for the Foundation. And the Shooters had a great time and stayed healthy. Our 2020 Annual Wine Dinner raised over $100,000 to go toward administrative costs just days before the pandemic affected the world. These two fundraisers allow us to continue to pay office administrative costs outside our funds, rather than charging the donor funds for those expenses. Many thanks to those who continue to support the Montgomery County Community 2020 ANNUAL REPORT Foundation – the donors, the participants in the fundraisers, the staff, and the dedicated volunteers. MCCF is looking forward to another successful year in 2021. The world is changing. Let’s be a positive part of the change! Amanda Trapp CHAIRMAN OF THE BOARD MONTGOMERY COUNTY COMMUNITY FOUNDATION MONTGOMERY COUNTY COMMUNITY FOUNDATION 2020 Board Of Directors 2020 By The Numbers Giving back is a deep tradition in Montgomery County! OFFICERS DIRECTORS LONG TERM DISASTER RECOVERY FUND TOTAL $ ur county has always stepped up and leaned in to helping each other AMANDA TRAPP, Chair of the Board WYNN DEE BAKER LELAND DUSHKIN, Past President KYLE ROJAS GRANTS REQUESTED FOR 18,200 ENDOWMENTS 55 Trapp Law Firm, PC First Financial Bank – Retired Leland Dushkin, CPA Goldman Sachs IN SCHOLARSHIPS out. The Montgomery County Community Foundation connects your Conroe, Texas The Woodlands, Texas 46 $ AWARDED TO passion with the future, making sure the issue you care about receives The Woodlands, Texas Conroe, Texas 585,693 • NUMBER OF O BRENT WUNDERLICH, Vice Chair DEBBIE BUCKALEW CAMPBELL GREGG HOPE, Past President GEORGE SOWERS, Past President HOUSEHOLDS 5 funding in perpetuity. We make your legacy dreams come true by creating and McKesson Woodforest National Bank – Retired AveriStar Consulting Woodforest National Bank – Retired STUDENTS FOR HELPED managing endowment gifts that support the work of non-profits in and serving DEDICATED The Woodlands, Texas The Woodlands, Texas Montgomery, Texas Conroe, Texas NUMBER OF SCHOLARSHIP THE 2020/21 the residents of Montgomery County both now and into the future. The MCCF BOARD 9 SELECTION COMMITTEES 15 SCHOOL YEAR MELINDA MCGOWAN, Secretary BILL CROWL JASON MANN ERIC THIERGOOD 16 MEMBERS Board of Directors and separate Distribution Committee ensure a high level of Edward Jones Crowl Wealth Management Life & Specialty Ventures Kean Miller WITH stewardship and impact of the funds entrusted to MCCF. Montgomery, Texas 22 Conroe, Texas Conroe, Texas The Woodlands, Texas INDIVIDUALS Montgomery County Community Foundation supports a wide range of CHRIS NORTH, Treasurer CRAIG DOYAL LAURA LEA PALMER TIM WELBES • Tenaris North America – Retired Doyal Associates Greater Conroe EconomicDevelopment Council Howard Hughes • CONROE HIGH SCHOOL philanthropic objectives that make Montgomery County a strong and vibrant MONTGOMERY HIGH SCHOOL GRANTS AWARDED The Woodlands, Texas Montgomery, Texas Conroe, Texas The Woodlands, Texas • community – animal welfare, the arts, historical preservation, health and • LONE STAR COLLEGE-MONTGOMERY WILLIS HIGH SCHOOL $ wellness, human services, education, long term disaster recovery, public PAST PRESIDENTS • 18 6,850 • DOLLARS SPENT TO AGENCIES $ safety, civic and cultural activities, and the environment. HENRY T. BROOKS DON CARTER GREGG HOPE JILL SHARP VAUGHAN 15 39 54,514 Scholarship funds can be established for Montgomery County residents DONNIE BUCKALEW MARY ELLEN CASTILLO GINA A. PRICE JOHN WEBB INSIGHTFUL DISTRIBUTION • LLOYD CARLL LELAND DUSHKIN GEORGE SOWERS COMMITTEE MEMBERS attending post high school educational and technical institutions. • NET OPERATIONS Through conservative investing and prudent stewardship, MCCF provides DISTRIBUTION COMMITTEE $ • DOLLARS RAISED 116,882 individuals with a cost-effective avenue to establish a philanthropic plan. ANNE SUNDQUIST, Chair NELDA BLAIR JJ HOLLIE KIM UDELL Magnolia Economic Development Corporation The Blair Law Firm/ The Woodlands Area Chamber Consolidated Communications • A fund can be created with a minimum of $15,000 over a five-year period. LAUREN ALLEN Humane Society of Montgomery County 2020 Reviewed Financial Statements Each fund may be named in honor of or in memory of someone, and/or BOB MILNER LT. FELICIA WEBB (Income Tax Basis as of December 31, 2020) Tucker Law Firm JUSTUS CORLEY The Woodlands Township MC Sheriff Department dedicated to a specific purpose or non-profit in Montgomery County. Woodforest Commercial Banking REV. RHETT ANSLEY SARAH RHEA JEFF YOUNG STATEMENT OF ASSETS, LIABILITIES AND NET ASSETS STATEMENT OF REVENUES, EXPENSE AND OTHER CHANGES IN NET ASSETS • Endowments can be established through a will, trust, retirement plan, Wildwood United Methodist Church NICK DAVIS Leadership Montgomery County Cynthia Woods Mitchell Pavilion Total Assets : $8,968,074 Liabilities & Net Assets : $8,968,074 Total Revenue: $1,499,861 Total Expenses: $522,708 life insurance policy or other account. Guaranty Bank JENNIFER HISER BAILEY JIM STUBBS Fixed Assets, Net : $2,403 In addition, a non-profit can establish an endowment to be administered Texas Children’s Hospital DR. DE’REESE REID-HART Lone Star College - Kingwood • Contributions: by MCCF. Lone Star College Montgomery $813,179 • Earnings from the endowment are only used to fund grants and scholarships. Cash : Net Assets FOUNDATION INVESTMENT ADVISOR MCCF ACOUNTANT MCCF STAFF Contribution – $822,819 With Donor Restrictions : Administrative costs are underwritten by two annual fund-raising events.
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