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2015 Annual Report

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2015 Annual Report Connecting People Who Care with Causes that Matter. The Lincoln Building | 28 W. Market Street | West Chester, PA 19382 610.696.8211 | www.chescocf.org | [email protected] Credits Design Firm: The Merz Group www.themerzgroup.com Front Cover: Loew home, courtesy of Patricia Loew Printer: Offset Impressions Front Cover Insets: Neil Joines Charitable Fund, Whitford Charitable Fund 2015 Mailing: Prestige Mailing Service ANNUAL REPORT Photo Credits: Hailey Blessing, Alyssa Fingerman, Wanda Frank, David James Photography/Whitford photos, Gregg McGillivray of Halkin Mason Photography, Carol Moore, Kathryn Proto Photography, Scott Rowan, Andrew Seymour of Seymour LET YOUR LEGACY EMPOWER LIVES Digital Photography & Consulting, Dixon Stroud, Stephenie Stevens, Brandywine Singers & all our nonprofit IN CHESTER COUNTY AND BEYOND colleagues providing photos 1 2 What is the COMMUNITY FOUNDATION? Established in 1994, the Community Foundation builds community assets for perpetuity. The Community Foundation is entrusted with substantial amounts of money over time from the contributions of people of all walks of life. The Community Foundation uses the income from these funds, in the form of grants, to meet the community’s charitable needs now and into the future. Most of the funds at the Community Foundation are endowed funds -- permanent funds that create a sustainable flow of grant dollars forever. Through prudent investment, both the principal of the endowment and the distribution available for grantmaking increase over time. CONTENTS The Chester County Community Foundation has three unique features: LEGACY PHILANTHROPY 3 • Local Expertise about important projects and programs that make a significant difference GRANTS & SCHOLARSHIPS 6 in Chester County LEGACY AWARDS 9 • Personalized Service to donors to help maximize the impact of their contribution; and FUNDS 17 • Community Convener for issues that benefit from coordination and/or collaboration. LEGACY SOCIETY 22 FUND HIGHLIGHTS 25 The Community Foundation strives to be inclusive, innovative, responsive and DONORS & SPONSORS 33 accountable—providing a clear focus for your inspired philanthropy. INVESTMENTS 53 FINANCES 58 PERSONNEL 59 Connecting people who care with causes that matter, so their philanthropy makes a difference now andf orever. Confirmed in Compliance with National Standards for U.S. Community Foundations 2 INSPIRE LEGACY PHILANTHROPY In Chester County, life is good. Much of our strength comes from the partners we rely upon: Chester County is consistently in the limelight, regularly winning kudos in lists of the Best Places to Live. We enjoy attractive parks and open spaces, top schools, accessible health care, affordable property taxes, and plenty of community • Professional advisors, especially estate planning attorneys, CPAs, and wealth managers, who speak earnestly with their clients events. It’s an easy drive to Philadelphia and Wilmington, a convenient train ride to anywhere on the East Coast, and an about legacy philanthropy and bring forth the Community Foundation as an option for consideration when appropriate international airport with connections to the world at our fingertips. Plus strong economic growth: construction of roads, homes and businesses, with lots of shopping, restaurants, and plenty of jobs. An abundance of prosperity. • Our current fund advisors, who spread the word to their family, friends and colleagues about the joy of giving and community involvement Life is good at the Community Foundation, as well. During the past year, • Nonprofit Board and staff members, who seek grants for current needs, while at the same time seek the Foundation’s assistance to grow their endowment funds via deferred, planned gifts. • we proudly awarded $2 million in grants and scholarships to the community; The Community Foundation has deepened programs and services to our key constituents, focusing on long-term growth. We have refined our: • 24 new funds were created, bringing the total number of funds to 350; and • Family & Individual Philanthropy Suite of Services, including a Philanthropy Learning-Action-Network to engage a diverse array of emerging philanthropists • contributions totaled $3,665,185 from 2,553 donors. • Nonprofit Endowment Suite of Services, to enhance our reach to nonprofit staff and Board members Since our 1994 founding, $31 million has been awarded via 7,154 grants and scholarships. • Professional Legacy Advisor Network programs, with information and tools to better serve client philanthropic interests. At the Community Foundation, we are poised for stronger, deeper impact and longer term growth. We look forward to seeing you at our legacy philanthropy programs throughout the year. Thanks for all you do to intentionally and thoughtfully create caring, generous communities…so that Chester County continues to get even better, for now and FOREVER. • Our operating revenues have become much more diversified and sustainable. • Our endowed charitable asset growth is steady and sure. Every other week, someone creates a new endowed legacy fund. And every day, people contribute to existing funds to consistently grow legacy philanthropy. • Our Board and staff are focused, energetic, and bursting with passion for the power of philanthropy to change lives for the better William Gallagher, Esq. Karen A. Simmons Chair of the Board, 2014-2016 President/CEO • Our beloved historic Lincoln Building is bustling with activity. Fund advisors, donors, professional advisors, nonprofit staff and board members, and public officials frequent the offices for meetings, trainings and tours. 3 4 Photo courtesy of The Land Conservancy for Southern Chester County GRANTS & SCHOLARSHIPS The strength of the Chester County Community Foundation is in its power to change peoples’ lives. Each year, hundreds of organizations—and thousands of people—are touched through the generosity of our donors. Our donors establish grantmaking funds at the Community Foundation. The majority of grant decisions are made by the families and individuals whose funds the Community Foundation holds in trust. The Community Foundation also grants a modest amount from its Fund for Chester County, based on decisions made by a volunteer Grants Committee. The average grant size is $3,000. During FY2015, $2,000,097 in grants and scholarships was awarded to address needs in our community. 530 grants totaling $1,626,344 and 171 scholarships totaling $373,753. Due to space limitations, Barn at Spring Brook Farm Camphill Special School Chester County Historical grants over $350 are listed: Big Brothers/Big Sisters SE Canaan Congregational Society Act in Faith of Greater West PA Church Chester County Hospital Chester Bilingual Education for Canaan Protective Fire Chester County Hospital Aidan’s Heart Foundation Central America BECA Company Foundation ALS Association Bishop Shanahan High Canine Partners for Life Chester County School Opportunities Alzheimer’s Foundation of Catawba College America Boy Scouts of America, Industrialization Center Centennial Lutheran Church American Cancer Society- Chester County Council Chester County Public Safety Center for Italian Modern East Central Division Boys Latin of Philadelphia Training Foundation Art American Diabetes Charter School Chester County SPCA Chadds Ford Historical Association Brandywine Baptist Church Chester County Suicide Society American Foundation for Brandywine Health Prevention Task Force Chemical Heritage Suicide Prevention, NY Foundation Chestnut Hill Business Foundation American Heart Association Brandywine Valley Improvement District ChesPenn Health Services ARC of Chester County Association Children’s Country Week Chester County 2020 Association Archmere Academy Breastcancer.org Chester County Art Bridge Academy and Children’s Hospital of Art Partners Studio Association Community Center Philadelphia Association for the Colonial Chester County Community Bridge of Hope of Lancaster Christ Community Church Theatre Dental Center & Chester Counties Citizens Advocacy of Chester Connecting people who care with causes that matter, Atlantic Salmon Federation Chester County Department Brigham and Women’s County Atonement Lutheran Church of Community Development Hospital City Gate Austerlitz Historical Society Chester County Extension so their philanthropy makes a difference Bringing Hope Home The Clinic Balanced Innovative Chester County Food Bank Bryn Mawr Presbyterian Coaches vs Cancer Teaching Strategies Chester County Fund for Church Coatesville Center for Bank Street College of Calistoga Boys & Girls Club Women and Girls Community Health NOW AND FOREVER. Education Calvary Lutheran Church Chester County Futures Coatesville Youth Initiative Barclay Friends Camp Dreamcatcher Colonial Theater 5 6 Community Coalition Free Public Library of Community Volunteers in Philadelphia Pottstown Cluster of Religious Tasis Foundation West Chester United Medicine French & Pickering Creeks Communities Methodist Church Peacemaker Center Team CMMD Concordville Fire & Protective Conservation Trust Heroes Among Us - Police Kimberton Waldorf School Primitive Hall Foundation West Chester University Peirce College Temple University Association Friends Association for Care & Survivor’s Fund King’s Academy Quaker City Farmers Foundation Pennsylvania Home of the Thirteen/WNET Council on Foundations Protection of Children The Hickman Westtown Goshen Rotary Kolbe Fund Sparrow Radnor ABC To Love a Canine County Corrections Gospel Friends Home in Kennett Hill School Foundation Kutztown
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