Now More Than Ever
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IN THESE CHALLENGING TIMES COMMUNITY OPPORTUNITY now more than ever 2017/18 REPORT TO OUR COMMUNITY IN THESE CHAL LENGING TIMES Will we allow our community to be pulled apart Will we re-assert our long-held community values by those who would divide us in the name of — inclusion, generosity of spirit and unity — and our “winner-take-all?” belief that opportunity must be widely shared? now more than ever Contents Leadership .............................................................. 4 Grants.&.Distributions ............................................38 Highlights ................................................................ 6 Professional.Advisors .............................................54 2017.By.the.Numbers .............................................. 12 Nettie.J..Dayton.Circle ............................................56 Funds.of.The.Community.Foundation ..................... 14 Volunteers .............................................................58 Organization.Funds ................................................28 Investments .......................................................... 60 Donors.to.Foundation.Funds .................................. 30 Financials ................................................................ 61 Gifts.In.Memory.&.In.Honor .................................... 37 Professional.Staff.....................................................62 community + opportunity community now more than ever Board of Directors James E. Ryan, Chair Maysa Akbar Kellyann Day Flemming L. Norcott Jr. April 2018 Khalilah L. Brown-Dean, Vice Chair Alicia Caraballo Joseph Gordon Marcella Nuñez-Smith Dear Friends: Roxanne J. Coady Carlton Highsmith Gregory J. Pepe Since 2016, the priorities and values that have long foundation this past year that provided over $40 Million bound us together and sustained our community have for The Foundation to invest in small businesses, come under assault. It has been and remains a uniquely nonprofits and other projects with the potential to Leadership challenging time. create opportunity in our community. An unprecedented State budget crisis has threatened This new partnership, combined with The Foundation’s to devastate our local nonprofit sector just as dramatic outstanding investment performance in 2017, increased changes in Federal policy have put many of our our total assets at year-end by more than $110 Million as cherished priorities at risk. Even more fundamentally, compared to a year earlier. the very idea of the common good has seemed to As befits this time of change, The Foundation is using be in eclipse this past year as widening inequality has our resources in new ways. The Foundation is focusing defined our national life and exclusion, division and our grants on ameliorating the impacts of changes in demonization have driven our national dialogue. public policy and public funding and is also providing With community values in retreat nationally in 2017, The new levels of support for nonprofits exploring Foundation called out to the people and institutions of collaborations, mergers and other innovative business Greater New Haven with the words Community Now models. At the same time, The Foundation understands More Than Ever, and our community responded. Over that community dynamics are changing at every level, and over again this past year, we saw our community and we are structuring new ways to listen and respond demonstrate inclusion, generosity of spirit and unity, to community residents, those who know best what is not only in what we said but in what we did. happening in our cities, towns and neighborhoods. In 2018, Community Now More Than Ever remains Meeting the challenges of this time also requires our watchword. As we work to maintain community The Foundation to be a stronger and more effective cohesion against the stiff headwinds of divisiveness, we institution. The Foundation’s three-year plan to further do so with the belief that a sense of shared opportunity enhance operations, processes and organizational can itself be a powerful cohesive force for the people of culture, known as TCF 20/20, is well underway and is Greater New Haven. This is our chosen path forward. already yielding real dividends in our work and Our philanthropy is creating opportunity — for young our impact. people aspiring to college and a place in the new 2018 marks The Foundation’s ninetieth anniversary. economy, for immigrants threatened with deportation, Even if our challenges are different as we enter our for new mothers and their babies, for those returning tenth decade, we remain steadfast in our resolve to to New Haven to begin anew following incarceration, build community philanthropy as a force for progress for women and girls through gender equity, for those in Greater New Haven. We will continue to work closely seeking personal transformation through skills and with local donors, nonprofits, volunteers, residents, work, and for neighborhoods too long neglected by businesses and community leaders to strengthen our community + opportunity community those who would invest in New Haven. community for today and to create opportunity for The Foundation has never been better positioned to tomorrow. meet the challenges of our time and to help illuminate Now more than ever, we invite you to join us in the work the path of shared opportunity. of community. The Foundation’s donors continued their exemplary support in 2017, contributing generously in many ways, including to our newly-created Community Now More Than Ever Fund. Most dramatically, The Foundation James E. Ryan William W. Ginsberg entered into a partnership with a local private Chair, Board of Directors President & CEO 4 CFGNH.ORG/REPORT2017-18 LEADERSHIP 5 Highlights Much of The Foundation’s work in 2017 was shaped by the deep divisions in our broader society that have emerged over the last several years. Perceiving that in the United States today the core values of community — inclusion, generosity of spirit and unity — are under unprecedented assault, The Foundation called upon Greater New Haven to stand together to defend the values, priorities and common undertakings which have defined the progress of our community for decades. Our grantmaking and other Distributions of $28.5M Immigrants, facing Donors, returning and new, Innovative programs community programming reflected this sustain nonprofits, but new new hostility, remain rally for community-wide help people navigate approach. Our message was and is strategies are necessary. central to the future of giving to local nonprofits. life after prison. Greater New Haven. Community Now More Than Ever. The.impact.of.the.State.budget.crisis. Immigration.remained.a.top.Foundation. During.The.Great.Give®.2017.more.than. As.part.of.our.continuing.commitment. was.felt.across.the.community.and.The. priority.in.2017,.although.the.work. 8,100.donors.made.more.than.11,300. to.improving.the.lives.of.recently. Foundation.responded..In.partnership. changed.dramatically.in.response.to.the. gifts.totaling.just.under.$1.3.Million.. incarcerated.individuals.and.of.their. with.United.Way.of.Greater.New.Haven,. about-face.in.Federal.policy..Much.of.work. Approximately.one-third.of.the. families,.The.Foundation.made.a.grant.to. In.2018,.these.challenges.remain.—.in.public. The.Foundation.launched.an.outreach. is.carried.out.through.The.Immigration. gifts.were.self-reported.as.the.first. support.the.New.Haven.Law.Enforcement. budgets,.public.policies.and.the.terrible. effort.called.“In.It.Together”.to.learn. Strategic.Funders.Collaborative.for. time.the.donors.had.given.to.the. Assisted.Diversion.Initiative.(LEAD). from.local.nonprofits..The.Foundation’s. Connecticut..The.Collaborative,.one.of. particular.nonprofit;.and.roughly.12%.of. a.pre-booking/pre-arrest.diversion. divisiveness.that.defines.our.times..Going. responsive.grants.prioritized.support. only.fourteen.in.the.nation,.is.made.up.of. donors.self-reported.as.being.“next.gen.”. program..Another.grant.was.made.to. forward,.The.Foundation.will.underscore.our. to.organizations.that.are.taking.state. funders,.service.providers.and.advocacy. The.Great.Give®.continues.to.make.a. the.City.Wide.Youth.Coalition.to.support. budget.hits..Many.grant.awards.provided. groups..In.addition.to.grantmaking,.The. unique.contribution.by.expanding.the. organizing.16-24.year.olds.for.justice. message.by.promoting.ideas.and.programs. multi-year.general.operating.support.to. Foundation.is.promoting.awareness.of.. donor.bases.of.participating.nonprofits,. reform..The.Foundation.also.supported. that.bring.our.community.together.in.new. give.organizations.the.greatest.flexibility. the.contributions.immigrants.make.to.the. including.introducing.them.to.the.next. the.distribution.of.Life on Parole,.a. and.the.ability.to.plan.for.the.unknown.. economic,.cultural.and.social.well-being.. generation.of.givers.in.our.community. film.that.follows.four.former.prisoners. ways..Among.other.things,.The.Foundation. In.total,.The.Foundation.distributed. of.the.region..See.Instagram.posts.. from.Connecticut.as.they.navigate.the. $28.5M.through.grantmaking.and. @immigrantexperiencegnh.. challenges.of.their.first.year.on.parole. will.advance.an.agenda.of.economic.growth. ® leadership.strategies. The.Great.Give .2018.will.be.held.on. and.inclusion,.believing.that.a.shared.sense.of. May.1.and.2..Preceding.this.year’s.event,. In.2018,.the.Collaborative.members. nonprofits.are.taking.advantage.of. Launched.last.year.and.continuing.in. opportunity.for.all.in.our.community.will.serve.