CBCF-2014-15-Annual Report-7-Lighter
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ANNUAL REPORT 201 5 Our Mission Board of Directors The Coastal Bend Community Foundation is a Aransas Directors Emeriti 501(c)(3) nonprofit corporation. The mission of Jan G. Anderson Paul R. Haas (1915-2008) the Foundation is to Jack W. Wright Patricia M. Eisenhauer • Help meet the charitable and educational Bee Leadership needs, and enhance and improve the quality of Lou Adele May Susan E. Hutchinson, Chair life in the Coastal Bend area of Texas through William B. Whitworth William B. Whitworth, Vice Chair grants to charitable organizations Omar J. Leal, Secretary Jim Wells Ralph Gomez, Treasurer • Serve a wide variety of donors by providing a Ralph Gomez vehicle for the establishment of various types Clare Atkinson Wonders Foundation Staff of funds designed to serve their charitable Karen W. Selim, J.D. wishes Kleberg President & CEO Ricki W. Cunningham • Exercise leadership and advance the cause of Joe M. Henkel Beverly M. Harper, CPA philanthropy throughout the area Director of Finance Nueces • Solicit others to partner in providing increased Mike Carrell Susan B. Jackson giving to address the ever-growing needs of Dr. Robert R. Furgason Director of Grants the Coastal Bend. Judge Bobby Galvan Jonathan M. Hornblower Tracy M. Ramirez The Foundation was established in 1981 by the Susan E. Hutchinson Director of Communications Corpus Christi Chamber of Commerce with a Rumaldo Z. Juarez, Ph.D. donation from the Paul and Mary Haas Omar J. Leal Karen L. Wesson Foundation. Through additional donations and a Robert W. Maxwell Director of Scholarships history of stewardship, these assets have grown Henry “Hank” Nuss to over $71 million. The Foundation has given Leah Pagan Olivarri Committee Chairs over $93 million in grants to charitable Karen O’Connor Urban Joe M. Henkel, Audit Committee organizations and scholarships to students since it Jennifer B. Vogt Susan E. Hutchinson, Executive Committee was founded. The Foundation serves Aransas, Kathleen M. White Ralph Gomez, Finance Committee Bee, Jim Wells, Kleberg, Nueces, Refugio and San Jan G. Anderson, Grants Committee Patricio counties. Refugio Mike Carrell, Investment Committee Larry D. Aduddell Dr. Robert R. Furgason, Nominating Committee Nancy D. Linney Robert W. Maxwell, Scholarship Committee San Patricio Laura M. Miller Jon R. Whatley 1 Over $71 million in assets 2015 Highlights Over $823,000 307 funds THANK YOU! in annual grants awarded, managed on behalf to help local nonprofits of individuals, who assist those in great families, businesses need, provide cultural and Your contributions have educational experiences, and foundations or preserve our helped support many great environment causes in the community, improving the quality of $480,695 life in the Coastal Bend! in scholarships awarded, Almost to help 217 students with their college $250,000 endeavors in special grants awarded, to help 961 disadvantaged youth attend a $ 1,276,491 online donations summer camp NOV + 654,000 matching grant 2015 10 $ 1,930,491 raised for 40 local nonprofits to help our Coastal Bend neighbors 2 Message from the Board Chair My view of philanthropy has evolved over the years – from the days as a child dropping money into Santa's red bucket to my current position as Chair of the Board of Directors of the Coastal Bend Community Foundation. But the constant has been my mission to identify and respond to others in need--and the needs have always been myriad. As an attorney who has specialized in estate planning in Corpus Christi for over 37 years, I have worked with clients who share my desire to help, but who are also concerned about being able to identify the greatest needs and to trust that their contributions will successfully address those needs. Aristotle said "To give away money is an easy matter and in any man's power. But to decide to whom to give it and how large and when, and for what purpose and how, is neither in every man's power nor an easy matter." The Coastal Bend Community Foundation is uniquely positioned to assist my clients and me by being constantly vigilant in vetting the organizations which make requests to fund their services – from those feeding the hungry, to caring for animals, to educating our children. What I did not know before joining the Board six years ago was the work of the Foundation beyond collecting donations and funding grants. I have been involved with the Foundation's work in helping individual nonprofit organizations to be successful by providing counsel and support to make each Susan E. Hutchinson organization reach out even further towards its goals. And where else can you make a donation and Board Chair defer your decision about exactly when and how the funds will be dispersed among nonprofit organizations that will maximize the impact of your generosity? I am obviously far from alone in my view of the Coastal Bend Community Foundation. The Foundation received donations totaling over $12.5 million in 2015 from people who appreciate the knowledgeable, experienced and accountable staff of the Foundation, the wise stewardship of the Foundation Board, and the unique opportunity to leave a legacy that will continue years beyond one person's lifetime. Wherever you are on your philanthropic journey, I feel certain that you will celebrate your decision to let the Coastal Bend Community Foundation be your partner along the way so that you can, in the words of Theodore Roosevelt, "Do what you can, with what you have, where you are." All-you-can-do is all that matters! 3 Message from the President and CEO By the time you read this letter, the Coastal Bend Community Foundation will be starting its 35th year. In August, 1981 the Foundation received its tax exempt status from the Internal Revenue Service, allowing it to accept and receipt charitable donations made to benefit the people and communities of the seven counties of the Coastal Bend of Texas. During this time, much has been accomplished with the gifts given. You will read in these pages some of the milestones achieved. But this is a job that is never done. This past year, our special grant, “Kids Go to Camp” was a great success, allowing almost 1,000 low-income and at-risk children to attend some of the great experiential summer day camps offered in our region. We believe opportunities to explore and experience the arts, animals, biology, engineering, science, writing, and environment can spark educational and creative interests in students who might not otherwise be exposed to them. Who knows, maybe the next Picasso or Albert Einstein will be from the Coastal Bend and have attended a summer camp? We are fortunate to announce “Kids Go to Camp II” for the summer of 2016, thanks to the positive feedback we received from both the nonprofits and the students who attended. You can see more about “Kids Go to Camp” later in this report. In 2015, total donations to the Foundation reached an all-time high, over $12.5 million. Grants and Karen W. Selim scholarships made from all funds totaled over $7 million. These amounts reflect a four-fold and two-fold President & CEO increase respectively over 2009 and prior years. Finally, on a personal note, I am now well into my sixth year at the Coastal Bend Community Foundation. Those of you I know well have heard me say that I have the best job in Corpus Christi! That is because of you – our founders, board of directors and past directors, current and past donors, foundation partners, nonprofit grantees, my CEO predecessors, our great staff, and other friends – together we are able to work together to improve the quality of life in the Coastal Bend. If you would like to help in this work, or if we may provide assistance to you in your charitable giving plans, please call me. 4 Re-accreditation Affirms Commitment Association of Fundraising Professionals – to Excellence Coastal Bend Chapter Honors Coastal Bend Community Foundation On June 5, 2015 the Coastal Bend Community Foundation received re-accreditation for the next five years with National Standards for U.S. On November 18, 2015, the Coastal Bend Community Foundation Community Foundations®. This accreditation, signified by the Seal received a $1,000 donation from the Association of Fundraising shown here, indicates that the Coastal Bend Community Foundation Professionals – Coastal Bend Chapter at its Annual National Philanthropy meets the highest standard for philanthropic excellence. The Foundation Day Luncheon. The guest speaker at the luncheon was former Coastal first received National Standards accreditation in 2008. Bend Community Foundation board member, Barbara Canales of The Ready or Not Foundation. She spoke about the need for collaboration and The process of earning the National Standards designation is arduous. partnership among local charities to achieve local philanthropic goals. The program requires community foundations to renew their accreditation by updating their policies for donor The $1,000 contribution from the Association of Fundraising Professionals services, investments, grantmaking and administration. – Coastal Bend Chapter will be used for the matching funds for the 2016 Coastal Bend Day of Giving, as it represents the collective impact We have worked hard to do good in our seven-county discussed at the National Philanthropy Day Luncheon. Thank you service area, and we will continue to work with our donors Association of Fundraising Professionals – Coastal Bend Chapter! to achieve their charitable goals. National Standards ensures that we have policies in place for financial stability and longevity, affirming our continued commitment to our donors, grantees and community. In short: We are a proven place to give. Strengthening the Nonprofit Community On September 1, representatives from eight local nonprofits participated in an engaging webinar led by Karen Osborne, internationally renowned fundraising expert.