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2013 Annual Report

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2013 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] 2013 ANNUAL REPORT CREDITS Front Cover Insets: Maternal & Child Health Consortium, Mom & Dad, LET YOUR LEGACY LIVES IN CHESTER COUNTY AND BEYOND and SPCA Michael/Bailey inspire Design Firm: The Merz Group; www.themerzgroup.com Printer: Offset Impressions Front Inside Cover: Maternal & Child Health Consortium Mailing: Prestige Mailing Service Back Inside Cover: Lincoln Building Friends original artwork courtesy of Nancy Blackman Thompson Photo Credits: Wanda Frank, Scott Rowan & all our nonprofit colleagues providing photos Outside Back Cover: Lincoln Building original artwork by Brenda Parke McCallum, Timlyn Vaughan, Annette Alessi Front Cover: Clay-Mir Farm courtesy of the Brewer family What is the 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 -- community permanent funds that create a sustainable flow of grant dollars forever. Through prudent investment, both the principal of the endowment and the The Chester County Community Foundation connects people who care with causes that matter, distribution available for grantmaking increase over time. so their philanthropy makes a difference now and forever. The Chester County Community Foundation has three unique features: Legacy Philanthropy 3 • local expertise about important projects and programs that make a significant Grants & Scholarships 5 difference in Chester County Legacy Awards 2012 & 2013 7 • personalized service to donors to help maximize the impact of their Funds 19 contribution; and FuND & Professional Advisor HIgHLIghts 23 • community convener for issues that benefit from coordination and/or Sponsors, Donors & Legacy SOCIeTy 31 collaboration. INVestments 47 The Community Foundation strives to be inclusive, innovative, responsive FINANCes 50 and accountable—providing a clear focus for your inspired philanthropy. Personnel 51 Confirmed in Compliance with National Standards for U.S. Community Foundations ~ 2 ~ legacy philanthropy As we work with families, individuals, businesses and nonprofits to grow legacy philanthropy, our fund advisors and fund donors continue to be generous. During this past year: • The Community Foundation proudly awarded $1.5 million to the community—a slight increase from last year. Our fund advisors awarded 383 grants and 157 scholarships. • The average grant size increased to $3,300. • 4,062 charitable donors contributed $7.7 million to our family of funds. u This is a 33% increase in the number of donors compared to last year. u This is a 104% increase in donations compared to last year. • Our donors created 26 new funds this year, a 65% increase over last year. This brings the total number of funds under the Community Foundation’s umbrella to 365. How do we explain such increases? We know that many Chester County residents have abundant resources, a great deal of generosity, and significant community involvement. Arts, culture, education, human services, health care, and religion are important to the fabric of our community. We also attribute our substantial growth over the past year to the Foundation’s enhanced ability to handle complex gifts; especially planned gifts. The Community Foundation has evolved institutionally into a charitable organization that provides easy, tax-effective, customized solutions for complex philanthropic estate planning situations. Each of the Community Foundation’s major gifts received in the past year have been related to planned giving and estate planning. In most cases, professional advisors (estate planning attorney, accountant, financial planner, and/or investment manager) sought charitable options on behalf of their clients. The Community Foundation provides solutions they need. In the pages of this annual report, we highlight the professional advisor-client-community foundation relationship. Connecting people who care with causes that matter, We invite you to delve in and learn how the Community Foundation makes legacy philanthropy win-win-win. There are a myriad of ways the Community Foundation helps professional advisors find solutions, to help fulfill so their philanthropy makes a difference the individuals’ dreams of giving back to the community, for now and forever. Let your legacy enrich lives in Chester County and beyond. For Good. Forever. L. Peter Temple, Esq. Karen A. Simmons Chair of the Board, 2012-2014 President/CEO ~ 3 ~ ~ 4 ~ Corporation Moravian College Portside Arts Center United Way of Chester County Jenner’s Pond Natural Lands Trust Primitive Hall Foundation Upland Country Day School Kendal-Crosslands Communities Nemours Center for Childhood Priority One Foundation Uptown Entertainment Alliance Kennett After-School Association- Cancer Research Rainforest Alliance Veterinarian School at University & scholarships After the Bell New York City Relief Red Clay Valley Association of PA The strength of the Chester County Community Foundation is in its power to change peoples’ lives. Each year, hundreds of Kennett Area Community Services Nottingham County Park Villanova University organizations—and thousands of people—are touched through the generosity of our donors. Redeem the Vote Kennett Area Park Authority Open Hearth Rhode Island College Volunteer English Program Our donors establish grantmaking funds at the Community Foundation. The majority of grant decisions are made by the families and Kennett Area Senior Center Opportunity International Riddle Health Care Foundation Washington Gorge Action Programs individuals whose funds the Community Foundation holds in trust. The Community Foundation also grants a modest amount from its Kennett Fire Company #1 Orion Communities Rotary Club of Churchville Foundation The Wentworth Fund for Chester County, based on decisions made by a volunteer Grants Committee. The average grant size is $3,300. Kennett Food Cupboard Oxford Area Neighborhood Rowan University Foundation Services Center West Chester Playschool Kennett Symphony of Chester Safe Harbor during Fy2013, $1,465,972 in grants and scholarships was awarded to address needs in our community: County Oxford Educational Foundation West Chester Recreation Sail to Prevail Kennett Underground Railroad Oxford Senior Center Department 383 grants totaling $1,271,835 & Center Salvation Army of Greater Westtown School PA Bible Society West Chester 157 scholarships totaling $193,237 Kiwanis Club of Phoenixville Wetlands Institute PA Centre Chamber Orchestra Salve Regina University Koinos Community Church Society Wharton Esherick Museum Schoerke Foundation Kutztown University PA Guild of Craftsmen WHYY Channel 12 PBS TV Self Help Africa La Comunidad Hispana PA Home of the Sparrow Willistown Friends Meeting Semper Fi Fund Lancaster Bible College Paoli Memorial Hospital Willistown United Methodist Share a Smile Foundation Acquired Brain Injury Network of PA Charles A. Melton Art & Citizens Advocacy of Chester Forks of the Brandywine Lifeline Family Center Foundation Church Solanco School District Act in Faith of Greater West Chester Education Center County Evangelical Presbyterian Church Lighthouse Youth Center Parkesburg Point Wistar Institute Chemical Heritage Foundation The Clinic Foundation at Great Valley Partners in Outreach Southern Chester County Day Care Woman’s Club of Downingtown American Cancer Society-East Living Breath Foundation Association Central Division Chester County 2020 Coatesville Center for Community Foundation for Lee County Public Peirce College YMCA Bradywine Valley PAL London Grove Friends Meeting St. Mary’s Franciscan Shelter American Red Cross, SEPA Chapter Chester County Art Association Health Schools People For People Program Lord’s Pantry of Downingtown St. Paul’s Baptist Church Art Partners Studio Chester County Chamber Community Coalition Friends Association for Care & People’s Light and Theatre YMCA Brandywine Valley Protection of Children Lyme Disease Association of SE PA St. Peter’s Lutheran Church Association for the Colonial Theatre Foundation Community Volunteers in Company YMCA Freedom Valley Medicine Friends Home in Kennett Square Main Line Animal Rescue Standardbred Retirement AT&T Junior Golf Association Chester County Chamber of Phoenixville Area Community YMCA HIP Kids Program Business & Industry Conesus Fest for Charity Friends of the African Union Maternal & Child Health Services Foundation Atlantic Salmon Federation Consortium YMCA Jennersville Chester County Community Dental County Corrections Gospel Mission Church of So. Coventry Phoenixville Area Senior Adult Stroud Water Research Center Barclay Friends Meals on Wheels of Chester County Young Life of Richmond-West End Chester County Food Bank Covenant House PA Friendship Ministries Foundation Activity Center ThreeSixteen Skateboarding Barn at Spring Brook Farm Meningitis Angels Young Life Southern Counties Chester County Fund for Women Crossroads Mission Haiti Fund for West Chester University Phoenixville Community Thresholds of Delaware County Bayard Taylor Literacy Mill at Anselma Preservation Education Foundation Young Moms and Girls
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