2016 ANNUAL REPORT REFLECTING ON LEGACY A Letter from Jessica Wirgau, Executive Director

With a career in philanthropy, it didn’t take much for me to see the importance of financial planning for myself and my family. Still, when my husband Joe and I first walked into a financial planner’s office, we figured we’d be focusing on paying off our mortgage and putting our boys through college. Terms like legacy, estate, (sheesh, even retirement) seemed like pretty distant concepts for two people just wanting their two-year old to actually go to bed at night.

And yet there we were, being asked to think about our legacy. What do we want to accomplish for our family and our community now and decades from now? Pretty heavy conversation for – as noted above – two sleep-deprived parents. But it made sense. And, as it turns out, we had been thinking about the path we wanted to leave behind, not just the path ahead, for quite some time.

My oldest son, Russell, is named after my grandfather. Russell Snow spent the majority of his career as the superintendent of Jennie Clarkson, a residential facility for at-risk young women in Valhalla, NY. I didn’t know my grandfather particularly well. He had been diagnosed with Alzheimer’s by the time my family had moved closer to him, and he passed when I was barely a teenager. Instead, what I know of him I’ve learned from the stories my parents MISSION have shared. In many ways, they are vivid snapshots, powerful more for the impression they leave about the type of man he was than for the specific details of his life. My parents would talk about the many, many times he was asked to walk a former Jennie Clarkson resident down the aisle at her wedding. Or the hours he and my grandmother would The mission of the Community spend laughing with friends while my dad and his siblings played nearby. These snapshots form an overall image of my Foundation of the New River Valley is grandfather as a kind, joyful, compassionate person who dedicated his life to helping people. I wanted to connect my son to that legacy. Actually, I want to be part of that legacy as well. to enrich our community by providing So, back in that financial planning office, I began to think not just about how Joe and I might plan those mythical years professional management services to donors when we actually have more time and money to give back to our community, but what we do now at our jobs, as for their charitable causes, awarding visionary parents, as children, and as neighbors to live a life of kindness that, hopefully, lives beyond us. In the past year at the Community Foundation, I’ve seen hundreds of people who are leaving a legacy of compassion for this region. In this grants and scholarships, and nurturing report alone, you’ll see how donors are helping dozens of students to earn a college degree, how agencies are banding together to make childcare and social services available to all children and families, and how a couple honored their collaborations in our community. parents’ love of animals with an endowment. These stories make clear that we are building our legacies right now, each day. If we’re fortunate, we get to see the impact of that work during our lifetimes. I know I speak for our board and staff when I thank all of our donors, partners, volunteers, and friends for making the Foundation a part of their life and the legacy they leave in support of the New River Valley. Illustrations vecteezy.com

Cover photos clockwise from top: Stock, Plenty!, NRV Livability Initiative, New River Valley TimeBank; Back illustration vecteezy.com A YEAR IN REVIEW A YEAR IN REVIEW Supporting New and Ongoing Programs Partnering For Impact NRV Data Dashboard

Providing Regional Data to Support Programs

As part of the CFNRV’s partnership with the NRV Regional Commission to advance the NRV Livability Initiative, we launched an online data dashboard, an interactive data tool that can be used for community decision making, grant proposals, program design and evaluation, and general data gathering. This dashboard provides insight into topics like housing stock by year, vacant housing, educational attainment, percentage of children living in poverty, and the impact of tourism, among many other data points. Visit nrvlivability.org to explore the dashboard.

GiveBigNRV 2016/2017 The TimeBank Advisory Council receives support from Freedom First Credit Union Crowd Fundraising for NRV NRV TimeBank – A Neighbor to Neighbor Network of Support Nonprofits Regional Food Access Network The NRV TimeBank, a project of New River Valley Home, was the 2016 recipient of the Norman and Nancy Eiss $10,000 The CFNRV’s GiveBigNRV online Community Impact Grant. The TimeBank connects people to exchange skills and services, using time rather than dollars, fundraising platform, Increasing Access to Nutritious Food with each person’s time and talent valued equally. A member needing an hour of yardwork can offer an hour of tutoring cfnrv.givebig.org, continues to serve to another member, and on and on. While open to anyone, the system specifically targets older adults who need support as a valuable resource to nonprofits Beginning in the fall of 2016, the CFNRV to help them stay in their homes and communities as they age, a goal of the CFNRV’s Aging in Place initiative. Learn more looking to raise money online. teamed up with Virginia Cooperative at nrv.timebanks.org. Over 120 agencies have profiles Extension, Virginia Tech’s Family Nutrition on the website and may collect Program, and the New River Health District Operational Support – Rewarding Good Organizations donations and participate in the to better understand and support the needs Doing Good Work Annual GiveBigNRV Online Giving of organizations actively working to address Day each April to earn additional hunger in our region. Together we have Too many foundations focus their giving on new grants from the Foundation. In 2016, convened over 40 food pantries and feeding programs alone, ignoring the critical importance of the community raised $217,885 programs to provide a forum for sharing best operational support. The CFNRV allows eligible nonprofits for 88 unique causes. In 2017, practices, to identify ways to expand access who have been in existence for at least five years to apply that number rose to $220,192 for to healthy food, and to explore common for up to $3,000 of operating support annually, giving 115 causes, with over 1,700 gifts challenges and opportunities for collaboration. these organizations the flexibility to put those dollars made through the site in just 24 This new Regional Food Access and Hunger where they are most needed. In 2016, we supported Illustration vecteezy.com hours. GiveBigNRV is made possible Relief Network is exploring projects such as highly respected organizations like the Literacy through a partnership with Click & bulk purchasing from suppliers and local Volunteers of the NRV, the New River Family Shelter, Pledge, a Blacksburg-based software farmers, cooking classes, and nutritional the Pulaski County Humane Society, and To Our House, company. education programs. among many others. CFNRV staff members Laura Pynn and Kim Thurlow help with landscaping upgrades for the NRV Family Shelter

3 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 4 Photos courtesy of NRV TimeBank & Community Housing Partners 2016 TOTAL GRANTS & SCHOLARSHIPS KIND AND GENEROUS SPIRITS

$536,795 The Donald L. and Lois H. Stafford Endowment for the Humane Society of Pulaski County

onald and Lois Stafford grew up in Giles County and moved to Fairlawn in Pulaski GRANTS BY AREA OF INTEREST GRANTS BY LOCALITY D County soon after they were married. There they raised their son, Chris, and daughter, Cindy, while Donald worked as an instrument 4% ALL NRV PULASKI mechanic at the Radford Arsenal and Lois worked 15% 11% at a local textile mill before becoming a bank teller. Both were active in their church and gave 17% ANIMALS 35% freely of their time and talents to make sure that 6 the needs of family, friends, and neighbors were ARTS & CULTURE % RADFORD always met. While neither attended college, they COMMUNITY & CIVIC 2% understood the importance of education and AFFAIRS worked hard to ensure that their children would EDUCATION 9% become college graduates. Most importantly, ENVIRONMENT FLOYD they were kind, loving, and generous people and 29% 18% they passed on those values to their children. HEALTH & 20% WELLNESS 18% Chris recalls how the family had a dog for as far POVERTY back as he can remember. Later in life, his parents Don and Lois Stafford SUPPORT, 5% channeled their love of animals into support for PARENTING & CARE 12% GILES MONTGOMERY the Humane Society of Pulaski County. Based in are very familiar with the Community Foundation of the NRV and Dublin, the Humane Society helps place animals we have been regular donors for many years. It was important with caring families via its rescue and shelter to us that this endowed fund be managed by an organization programs, fields over 300 calls per month from that demonstrates integrity, stability, and trustworthiness. The TOTAL ASSETS AS OF 12/31/2016 $8.71 million residents seeking assistance for their pets, and Community Foundation meets all of these criteria.” works to reduce pet overpopulation via its spay/ neuter program. “I believe that their passion for Approximately thirty of the Foundation’s endowed funds are so- TOTAL ENDOWED FUNDS UNDER MANAGEMENT 165 animal welfare was a natural extension of their called designated funds, providing ongoing support to a specific concern for others, especially those who are the organization of the donor’s choosing. The Foundation invests most vulnerable in our society. They made regular and grows the fund, allowing the organization to focus on its TOTAL GRANTS IN 2016 $485,966.82 financial contributions to the Humane Society and mission while benefitting from a stable, annual funding source. would also bring donations of needed supplies Anthony Woodyard, executive director of the Humane Society, TOTAL IN-KIND CONTRIBUTION VIA such as dog food to the animal shelter,” Chris sees the fund as a critical ongoing resource for his organization, 1500 hours or $75,000 Photo courtesy of Chris Stafford shares. “The Humane Society relies solely on the kindness and generosity PARTNERSHIPS, WORKSHOPS, AND CONSULTING of donors in order to carry out our mission. We are grateful to After his parents both passed away, Chris and his the Staffords for establishing the Donald L. and Lois H. Stafford wife Kim, who also reside in Fairlawn, resolved Endowment as the Humane Society of Pulaski County will reap the TOTAL CONTRIBUTIONS RECEIVED IN 2016 $668,000 to honor their lives and their kind and generous benefits of this generous endowment in perpetuity.” spirits through an endowed fund, the Donald L. and Lois H. Stafford Endowment. For Chris and Additional information on the many organizations that the TOTAL GRANTS & SCHOLARSHIPS $4.9 million Kim, partnering with the Community Foundation Foundation supports via its designated endowments can be found AWARDED SINCE OUR FOUNDING to honor his parents was an easy choice, “We on page 13.

5 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 6 A Network of Support for Children and Families There is ample research on the importance of early education to children, families, and communities. Whether talking about economic development or public health, investing in the very first years of a child’s life provides significant returns to communities in the form of increased productivity, greater ability to attract a talented workforce, and cost savings for special education, The First Steps Network focuses on organizations and programs serving children ages birth to age 10 and their families incarceration, and other social services. Put simply, investing in early education is a smart strategy for building a thriving FIRST STEPS community. Increase knowledge about and access to available In the New River Valley, 65% of children under age five have both services through an early childhood education and parents working, yet we lack enough high quality childcare options, 1 particularly for infants and toddlers, to support our workforce. With development information hub. 1 in 5 NRV children living in poverty, access to affordable care is essential, as are afterschool programs and social services that can support families in need. Identify shared values and messaging so agencies 2 can speak with a common voice about the importance of early childhood. “No one would contest the fact that society’s first and best way to foster literacy, In late 2015, to better understand how humanism, and a successful foundation grants could address these Support and strengthen the early childhood future lies within the challenges, we launched First Steps, an opportunities provided for initiative of the Fund for the NRV supporting education and development workforce through our very youngest citizens.” early childhood education and development. 3 professional development, recognition, and We began by engaging Drs. Robin Lemaire compensation. and Donna Sedgwick of Virginia Tech to Photos courtesy of Blue Ridge Land Conservancy, help us survey over 50 nonprofit agencies, Smart Beginnings NRV/Giles ChildFest, and the libraries, and public schools, with the goal of understanding how they currently work There are already several organizations focused on these priorities, including Smart Beginnings NRV, New River Community Action, the Davenport Institute at New River Community College, Virginia Quality, and the Alliance for together, their challenges, and opportunities Montgomery County Christmas Store for collaboration. From this survey, the First Better Childcare Strategies, among others. With so much energy and commitment to young children and families, Steps Network was born, with dozens of coordination is essential. That’s where the Community Foundation comes in. Gifts made to The Fund for the NRV Ann Goette agencies and individuals meeting regularly allow us to convene the network, facilitate communication and cooperation among agencies, and reduce redundancy Giles Early Education Project since May 2016 to develop and pursue three and competition for resources. Moreover, the Fund provides seed money for collaborative projects developed by the regional priorities. network that will benefit the entire region. Kim Thomason, local coordinator for Virginia Quality, a statewide system working with childcare centers to improve quality, writes “Virginia Quality values the First Steps Network because it is bringing together community partners who are devoted to identifying and mapping a plan to provide families with an efficient way to access the needed resources to build strong children.”

The First Steps Network is just beginning its work, but already agencies are recognizing the value of cooperation and the Foundation’s commitment to supporting their programs. For more information on First Steps, visit cfnrv.org.

7 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 8 2016 SCHOLARSHIP HIGHLIGHT GRATITUDE FOR SCHOLARSHIPS AND THE DONORS today. We spark elementary school students’ interest in science by leveraging high school THAT FUND THEM volunteers to teach interactive lessons with topics ranging from microbiology to magnets. 2016 A Few Words from Jessica Sun, 2016 Virginia Tech Women’s Club Scholarship Recipient Every year, my 501(c)3 non-profit impacts over 1,800 people across 9 states. Over the years, we have developed around 60 lesson plans and y parents are both immigrants two summer camp curricula. I am very proud from China, and had to of my executive board, and our Virginia branch M work hard to provide for my alone runs at 12 high schools and teaches at 17 siblings and me – my dad as a carpet elementary schools.  salesman, and my mom as a real estate My family’s perpetually strained secretary. When I was still young, my financial situation has taught me that health grandmother lived with us. We loved issues are not the only barrier to academic her and did everything we could for her, achievements, which has motivated me to spread but she was terminally ill and my family empowerment and opportunities to those $50,828 paid for her medical care. In addition, from diverse backgrounds and socioeconomic when the recession hit, my dad’s sales statuses. With no savings, retirement plan, were a fraction of what they had been or college money for my siblings and me, our before. My grandmother’s medical costs family of five has had to make do with a much depleted first my parents’ savings, and smaller allowance. My childhood was not filled then my college account. We sacrificed with scientists, doctors, or engineers. It did not new clothes, brand-name products, suggest computer science as a career, provide social functions, and more just to get by. me with volunteer opportunities, or emphasize Yet, that trying time was one mental health activism. Instead, it gave me the of the best things to happen to me. I confidence, imagination, and support to do became motivated to excel academically all those things myself with the help of family, and apply for scholarships because I friends, and scholarships. knew I needed a successful career to Everything I’ve done, everything support my family. I used free online I strive for, everything I hope for is made resources and visited my library in lieu possible because of scholarships like those at of expensive private tutors and prep the Community Foundation of the New River programs. The past few years have Valley. My family could not afford to send me inspired me to be resourceful, and I to college otherwise. Without donors like you, have immersed myself in bettering the I would never have come to Virginia Tech or community since then, especially at continued my work with Kids Are Scientists Too. Virginia Tech. I would never have been on track to complete As someone who has struggled my degree in computer science and work as to access the same resources given a software engineer to support my parents. I to others, I care deeply about quality have so much gratitude for scholarships and the 56 STUDENTS STEM education accessibility for those donors that fund them. I have them to thank for in underprivileged socioeconomic my successes. Behind every successful person situations. I started working with Kids is a network of supporters and I am proud to Are Scientists Too, a national, student- have the Community Foundation as part of my led science education non-profit, five network. years ago and proudly serve as its CEO John Hillison of the CFNRV Scholarship Committee with Jessica Sun

9 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 10 Photo courtesy of the CFNRV REASONS TO GIVE TO YOUR COMMUNITY WAYS TO GIVE DEFERRED GIFTS

Local Knowledge for Local Impact

The CFNRV is dedicated to ensuring that your gift has the greatest positive impact right here in Bequest the New River Valley. Our professional staff has extensive knowledge of regional needs and the 1 You may start a fund or give to an existing fund through innovative programs and organizations meeting those needs. They can help you to find the causes OUTRIGHT GIFTS a bequest in your will. Some donors designate a specific that appeal to you and ensure that your gift truly makes a difference. dollar amount or a percentage of their estate. Others simply leave the residue of their estate to the CFNRV. Cash The CFNRV staff is happy to provide you and your estate planning advisors with sample bequest language. Donor Engagement You can make an immediate, tax-deductible gift via cash, check, or Charitable Remainder Trust (CRT) We encourage all of our donors to be actively involved in our work. We provide you with timely, credit card to establish a fund or support A CRT provides you with a lifetime income to yourself, accurate information about your fund, invite feedback on grant and scholarship applications, and an existing fund at the CFNRV. Simply 2 your spouse, or other beneficiary while designating the offer opportunities throughout the year for you to meet the people and organizations that you make your check out to the CFNRV and principal of the trust to the CFNRV upon your death. This support. designate a specific fund in the memo principal can be used to create a new endowed fund in line, or go to cfnrv.org and click on Give your name or support an existing fund at the CFNRV. Now to make a secure online gift. Charitable Lead Trust (CLT) Appreciated Securities Variety A CLT allows you to provide support to the CFNRV The CFNRV has extensive experience The CFNRV offers many different ways to make an impact with your charitable gift including: through annual payments from the trust’s income for handling non-cash gifts, including a period of years. These payments can be allocated to • Starting an endowed fund based on your unique charitable interest appreciated securities. When you 3 • Contributing to one of over 160 existing endowments supporting scholarships and grants an endowed fund you establish or to another existing transfer ownership of the securities in a variety of issue areas fund at the CFNRV. Upon the termination of the trust, to the CFNRV, you avoid capital gain • Maximizing your impact through the Fund for the NRV focused on helping organizations the principal would go to beneficiaries such as family work together to meet regional needs on the appreciation and enjoy the full members or others. tax-benefits of contributing to a public charity. Private Foundation Transfer

Prudent Financial Management Administering and making grants from a private foundation can become burdensome for its trustees. The CFNRV entrusts its assets to locally-based, professional money managers who believe in our The trustees can elect to transfer the assets of the 4 mission and help us to sustain our endowed funds in perpetuity. Our managers include: private foundation to the CFNRV to establish an JSW Financial • National Bank • Union Bank & Trust • Wells Fargo Advisors endowed fund carrying the same name and purpose as the private foundation. The trustees could continue to serve as advisors to the fund without the cumbersome administrative responsibilities.

11 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 12 Friends of Claytor Lake, Inc. Endowment Fund Roy and Vivian Davis Memorial Fund Supports the mission of the Friends of Claytor Lake. (James and Josephine Shotts) Supports the mission of the Bladen County, North Carolina      Friends of Pulaski County Library Endowment Library Supports the mission of the Friends of Pulaski County Library to promote the interests of the Pulaski County SEEDS Endowment Fund Library System and to educate the members and the Supports the mission of SEEDS (Seek, Education, Explore, community about library services. Discover)

Giles Animal Rescue Inc. Endowment Fund Susan Garrison Memorial Fund Supports the mission of Giles Animal Rescue. (Lisa Barroso and Friends) DESIGNATED / AGENCY FUNDS Supports the Town of Blacksburg with grants for projects Jim and Janet Johnson Band Scholarship or initiatives that promote and support environmental Designated or agency funds support specific agencies Supports enhancing the musical skills and music awareness, sustainability, and civic beautification. identified by the donor. Many organizations also appreciation of band students at Blacksburg High School. establish endowed funds with the CFNRV to provide Town of Blacksburg Senior Center Endowment Fund Lindsay B. West Administrative Endowment (Bruce M. and Constance D. Anderson) a long-term source of funding meeting their unique Supports the mission of the Community Foundation of the Supports the mission of the Town of Blacksburg Senior  New River Valley. Center. missions.

Lineweaver Family Fund United Way of Montgomery, Radford and Floyd Supports the missions of the YMCA at Virginia Tech and Endowment Fund Montgomery County 4-H, part of Virginia Cooperative Supports the mission of the United Way of Montgomery, Extension. Radford and Floyd.

Literacy Volunteers of America – New River Valley Valley Interfaith Child Care Center Fund  Endowment Fund Supports the mission of the Valley Interfaith Child Care     (Louis M. Gwin and Rachel R. Parker-Gwin) Center.  Supports Literacy Volunteers of America – New River Valley. William J. Dawson, Jr. Memorial Fund Montgomery County Christmas Store Endowment Fund (Evelyn Sandy Dawson) Supports the mission of the Montgomery County Christmas Supports the ongoing work of the Community Foundation Administrative Endowment Fund Don Michelsen Administrative Endowment Store. of the New River Valley. (Miles C. and Ruth C. Horton, Jr.) Provides annual funding to meet Community Foundation Nancy and Thomas Murray Endowment for NRV CARES Women’s Resource Center Endowment Fund Supports the mission of the Community Foundation of the operational costs with a goal of self-sufficiency. In memory of New River Valley by supporting administrative expenses. Don Michelsen, founding board member for the CFNRV. Supports the mission of NRV CARES. Supports the mission of the Women’s Resource Center of the New River Valley. New River Family Shelter Fund Blackburg Breakfast Lions Club Endowment Donald L. and Lois H. Stafford Endowment for the Supports the mission of the New River Family Shelter. Young Life Kids to Camp Fund Supports the charitable activities of the Blacksburg Breakfast Humane Society of Pulaski County Lions Club. Supports the mission of the Humane Society of Pulaski Supports Young Life of Virginia with funding to provide County to advance the welfare of animals in Pulaski County, Pulaski County Library System Endowment Fund scholarships to send kids to camp. Community Health Center of the New River Valley Virginia. Supports the mission of the Pulaski County Library System. Endowment Fund Zeta Beta Chapter of Alpha Phi Omega Endowment (Formerly the Free Clinic of the New River Valley) Frank and Shirleigh Marvin Scholarship Fund for the Radford Child Development, Inc. Fund Fund for Leadership, Friendship and Service Supports the mission of the Community Health Center of the Renaissance Music Academy Supports the mission of Radford Child Development, Inc. Supports the mission of the Zeta Beta Chapter of Alpha Phi New River Valley. Supports the mission of the Renaissance Music Academy of Omega. Virginia. Rotary Club of Blacksburg Endowment Fund Supports the mission of the Rotary Club of Blacksburg.

13 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 14 Chris Thompson Family Endowment Fritz and Emma Spengler Loving Memorial Fund Supports general charitable purposes in the New River (Manfred Spengler)  Valley. Supports Young Life of Virginia exclusively for camp scholarships; specifically for youngsters residing in Community Service Fund Montgomery County and Giles County. (James and Josephine Shotts) Supports general charitable activities in the New River George R. and Mildred H. Smith Family Fund   Valley. Supports general charitable purposes in the NRV. Cottingham-Stuart Community Fund Gerus Blieszner Fund (Bob and Emily Stuart) Promotes innovative classroom practices in Montgomery Supports general charitable purposes or the YMCA at County elementary schools. Coordinated with the public Virginia Tech. school system’s STAR grants.

DONOR ADVISED FUNDS Daniel C. and Joanne L. Bell Endowment Fund Ghia Borg Memorial Fund Supports charitable organizations that are engaged in Supports general charitable purposes. Donor advised funds are established by donors who wish to actively participate in the hospice care. grantmaking process by recommending charitable projects or organizations to support with Ghia Borg Memorial Health Care Fund their grant dollars. Dianna Pickering Memorial Garden Fund Supports health care needs of the poor, the needy and Supports the development of interpretative botanical the less fortunate. sites open and accessible to the general public such as those on the grounds of Smithfield Plantation. Giles Early Childhood Fund Provides grants to improve, support, survey, and Ann and H.W. Huff, Jr. Family Fund Cabell and Shirley Brand and SEEDS Student Fellowship Diana, Princess of Wales Memorial Fund enhance the lives and educations of the very youngest Supports charitable work in Pulaski County that serves the and Mini-Grant Fund (Margot Sebba) citizens of Giles County and their families – prenatally poor, the needy and the less fortunate. (Cabell and Shirley Brand, and Mike Rosenzweig) Provides Supports NRV public charities that assist AIDS victims and through kindergarten – with particular emphasis on grants of fellowships to high school and college students to their families; children in need; those in need of hospice those living in poverty. Arts Alliance Endowment Fund encourage and facilitate study, research and development care; and the homeless. Supports local arts organizations and individual artists of solutions to social and environmental issues such as Hawk’s Ridge Fund (through a sponsoring organization) in support of arts recycling, education, hunger, land use, homelessness, Early Childhood Education Teachers Fund (Donna E. Douglas) projects and/or specific operational needs related to the biodiversity, and health care in Southwest Virginia, (David, Marilyn and Mark Hutchins) Supports the Women’s Resource Center of the NRV, arts. including but not limited to VA Vital Signs Region. Supports professional development and continued SEEDS and the New River Land Trust. strengthening of NRV early childhood education teachers. Arts Fund of the CFNRV Chachra Family Cultural Fund Hazelton Family Fund (Chris Thompson) Promotes understanding of the culture of India, by Ellen Moore Memorial Fund Supports the purchase of science equipment and Supports activities that promote the arts. supporting cultural activities such as workshops, readings, (The Rotary Club of Montgomery County) supplies for science lessons for public school children in Theatre Illustration © Zhaolifang movies, festivals, concerts, fireworks, and dance. Supports general charitable purposes. Yellowstone County, Montana and the New River Valley, Beatrice S. Kalka Endowment Fund Virginia. Supports the Women’s Resource Center of the New River Children’s Shelter Home Endowment Fund Endowment for Floyd County Valley and other charitable organizations in the region. Supports charities that assist children in need. Supports NRV charities with a focus on Floyd County. HMM Miami High School Scholarship Fund Provides scholarships for graduated Miami (AZ) High Benjamin Eiss Memorial Fund Chris Thompson Family Charitable Fund Endowment for Giles County School students pursuing higher education at a major (Norman and Nancy Eiss) Supports general charitable purposes in the New River Supports nonprofit work in Giles County. Arizona college or university. Supports school teachers of at-risk students in Montgomery Valley. County elementary schools. Coordinated with the public Feisty Floyd Filanthropists HMM Poverty Assistance Fund school system’s STAR grants. Supports charitable organizations serving Floyd County. Supports programs addressing problems of poverty.

15 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 16 DONOR ADVISED FUNDS . . .

The Blue Mountain School received operational support from the Floyd Fund in 2016 Harding Avenue Elementary School received $4,000 in spring 2016 to support its What’s On Stage program

Homer T. and Beverly A. Hurst Family Endowed Fund Jane Brugh Layman Charitable Fund Litschert Family Fund Nelle Oakey Ryan Gardner Fund Supports general charitable purposes including Supports benevolences such as the Free Clinic, Interfaith Supports general charitable activities, the environment, (Rebecca Ryan Dunkenberger) scholarships. Food Pantry and Habitat for Humanity; and for cultural and education in the NRV. Supports general charitable purposes. activities. Hulannie A. Jenkins and Kimberlyn Atherton-Jenkins Margaret and Samuel F. Tollison Family Fund New Mountain Climbers Fund Family Fund Joann and J.B. Sutphin Fund Supports general charitable purposes. Supports charitable organizations serving Montgomery Supports general charitable purposes. Supports general charitable purposes. County for general charitable purposes including Mary E. Sanders Family Fund scholarships. JJ Fund Kammerer Family Fund Promotes education, intellectual development, social Supports scholarships for the needy in the NRV and art Supports general charitable purposes. awareness and civic responsibility among young people, New River Valley Association of Realtors Community supplies for classroom needs. especially those from circumstances with no previous Engagement Fund Katherine M. and William H. Sanders Family Fund history of college education. Provides grants to nurture and strengthen our local Jackson S. Copenhaver Fund Promotes education, intellectual development, and social communities by impacting three pivotal areas of Supports general charitable purposes. engagement among children and young people with Photo courtesy of What’s On Stage Mary P. Risacher Memorial Fund importance – diversity, housing opportunity, and smart particular emphasis on the arts. (Bill and Mary Lee Hendricks, Anthony Equale) growth in the counties of Montgomery, Floyd, Pulaski, and Jackson S. Copenhaver Legacy Fund Supports general charitable purposes. Giles, and the City of Radford as well as Wythe, Carroll, Supports scholarships for students in Animal and Poultry Kennedy Family Fund Bland, Tazewell, and Grayson, and the City of Galax, Sciences and provides annual support to the Community Supports NRV and US agencies that are engaged Miller Family Fund Virginia. Foundation of the New River Valley. in Christian mission efforts locally, nationally, and Supports general charitable purposes. internationally. New River Valley Fund for Animals Jacobs Family Fund Montgomery County Educational Foundation (Chris Thompson) Supports charitable organizations and programs for young Kolla-Landwehr Fund Endowment Supports charitable organizations or agencies in the NRV children and families in need. Supports general charitable purposes. Supports Montgomery County Public Schools to enable for companion animal welfare programs. students, teachers, and administrators to discover, advance, and enhance educational opportunities. Photo courtesy of the Blue Mountain School 17 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 18 DONOR ADVISED FUNDS . . .

Smart Beginnings NRV Charitable Fund Warren Lloyd Holtzman Merit Grant Fund Supports programs to improve kindergarten readiness Provides seed grants encouraging, supporting and and early educational success by supporting quality recognizing innovation, research and upward mobility educational and developmental opportunities in the New in the areas of small business development, human River Valley for children and their families, prenatally potential advancement, nurturing grassroots community- through early elementary school. based programs and expansion of the free market economy of knowledge and expertise. Shuler Family Reading Fund Supports New River Valley charitable organizations that Wellness Fund provide literacy services. (John and Elizabeth Bush) Promotes wellness in the New River Valley. Stoop Fund (Ellen Ryan) Winters Family Endowment Fund Supports general charitable purposes. Provides annual funding to the Intellectual Disabilities Agency of the New River Valley (aka Leisure Directions) Talbot Family Fund and provides funding for the personal and educational Supports general charitable purposes with awards to needs of persons with intellectual disabilities. organizations such as the Free Clinic of the New River Radford’s Dalton Intermediate School received support from the Nicholson Family Fund for its Girls Night Out program Valley; the Interfaith Food Pantry located at Blacksburg Worthington-Dolloff Cancer Treatment Assistance Baptist Church; the Community Foundation of the New Fund River Valley; and the Montgomery County Christmas Supports cancer treatment for needy patients in the NRV. Store. NRV Dental Benevolence Fund Robert and Emily Stuart Grassroots Leadership Young Women’s Life Experiences Fund (Joe J. and Margaret M. Thompson) Development Fund Todd Family Fund Supports charities that help young girls and women Supports dental care for the poor and less fortunate. Supports grassroots leadership development in the New Supports agencies including faith-based organizations in under the age of twenty that need financial assistance River Valley. Grayson County and the City of Galax, Virginia; and the to participate in life experiences that are conducted, North Family Fund New River Valley for general charitable purposes. sponsored, or associated with a charitable organization Supports charitable organizations that help single, head- Robert E. and Nadine J. Newcomb Memorial Fund - or agency. of-household families – especially those of Hispanic origin The Parenting Skills Fund Vernon L. and Lois B. Baldwin Memorial ‘Town and – in need. Supports charities that teach parenting skills, especially to Gown’ Award Fund Youngs Family International Peace Garden Fund disadvantaged parents of pre-school aged children. Supports organizations that make awards to and Supports the upkeep of the International Peace Garden, Piscura Family Endowed Fund otherwise honor those individuals who have been of located on the campus of Virginia Tech or other Supports qualified charitable organizations in the NRV Robert L. Nicholson Family Fund of Radford long service to both Virginia Tech and the Blacksburg international peace projects. and elsewhere that are engaged in protecting the Provides grants to enhance the well-being and improve community. environment, education, and gun control. the quality of life of children in Radford and the Youth Awareness Fund neighboring counties of Montgomery, Pulaski, Floyd, and Virle and Al Payne Family Fund (Mathew and Christina Mathai) Pulaski County Library System Fund Giles. Supports social, ethical, educational, recreational, Supports general charitable purposes. Supports projects that inform the community about Supports the Pulaski Library System. and health programs or those simple pleasures that bring emerging issues with respect to school age children and/ comfort, security, joy, and smiles to children. Warren Lloyd Holtzman Seed Grants Fund or for support of after-school activities and programs for Recognition Research Foundation To provide scholarships and for general charitable children. Supports general charitable purposes. Rosina and Dean Carter Fund for the Visual Arts purposes. Supports charitable organizations that engage in, educate YP Gives or promote the field of visual arts. Supports general charitable purposes in the New River Valley. Photo courtesy of Dalton Intermediate School 19 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 20        

ENDOWED FIELD OF INTEREST FUNDS  Field-of-interest funds support particular interest areas, specific program initiatives, causes or geographic areas as The Children’s Trust provides a child-friendly environment for the Sarah Gray and Leroy Robinson at the Philip Sadler Center in Pulaski County established by the donor. investigation of child abuse and neglect

4-17 Fund Luba Fabrycky Memorial Endowment Fund (The Robert and Debbie Piscura Family of Draper, VA) (Wolter Fabrycky) Supports charitable work for the care and support of the Supports general charitable purposes including but not New River Valley community spirit that arose to meet the limited to programs and activities for the education of tragic shootings at VT on April 16, 2007. children with emphasis on children of disadvantaged families. Andy and Susan Morikawa Capacity Building Fund Supports programs that build the capacity of charitable Paws and Claws Endowment Fund NRV organizations to meet the critical needs of the (Lynda Chamowitz and Joan Gotthardt) community in a manner that is sustainable. Supports animal welfare in Montgomery County.

David and Lillian Francis Charitable Endowment Silver Care Endowment Fund Supports New River Valley charitable organizations and (Lynda Chamowitz and Joan Gotthardt) agencies that serve the needs of alcoholics and their Supports the needs of senior citizens in the New River families, including the education of their children. Valley.

General Endowment Fund Virgil Speaks Fund Supports all foundation fields of interest at the discretion (Suzi Gablik) of the foundation Board of Directors. Supports charitable organizations such as “What’s on Stage”, a program at Harding Avenue Elementary School, Lee Society Endowment The Lyric Theatre, the Community Foundation of the New Supports general charitable purposes. River Valley, and Beans and Rice.

Loving Care Fund Supports children and families and provides support to the Community Foundation’s operations. Alex Wilken shares why he gives through the CFNRV’s GiveBigNRV Volunteers sort food drive donations for Floyd County website 21 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 22 Photos on opposite page courtesy of The Children’s Trust, New River Community Photos on opposite page courtesy of The Children’s Trust, New River Community Action, CFNRV, New River Community Action Chris Dudley Scholarship Fund Eric E. Sutphin Memorial Scholarship for Children of (Jack and Larkin Dudley) NRV Law Enforcement Officers Provides scholarships to graduating students from (Tamara Sutphin)  Blacksburg High School that demonstrate strong Provides scholarships to students who have a parent or leadership skills and have a grade point average of 3.0 guardian who is a law enforcement officer serving in the SCHOLARSHIP FUNDS on a 4.0 scale, with preference given to students playing NRV with preference given to Montgomery County to on the men or women’s Blacksburg High School soccer attend any college, university or accredited vocational or Scholarship funds support students pursuing higher education at a teams. technical program. variety of trade or technical schools, colleges or universities based on criteria established by the donor. Citizens Scholarship Fund Evelyn Rutrough Memorial Scholarship Fund (Citizens Telephone Cooperative) (Virginia Rebekah Lodge #77) Provides scholarships to students from Floyd County Provides scholarships to graduating high school students (including students from Floyd County High School, from Floyd County to pursue studies in teacher education Springhouse Community School, or home-schooled or nursing. A. Phillip Meadows Memorial Scholarship Fund Bill Ford Memorial Scholarship Fund students) to attend any 2 or 4 year college, university, (Dreama and Logan Meadows) (The Family of Bill Ford) trade or technical school. James E. and Kate H. Board Scholarship Fund Provides scholarships for undergraduate work at a Provides scholarships to students from Eastern Provides scholarships to graduates of Check Elementary college or university to high school students graduating Montgomery High School in Shawsville and/or students Dennis Stauffer Memorial Scholarship Fund School and Floyd County High School to attend any 2 or 4 from a NRV high school or Hinton High School, WV. who played basketball with the Virginia Warriors, an (Dean and Bennie Stauffer) year college or university. AAU organization serving youth in the Roanoke Valley; Provides scholarships to students from Blacksburg High Adrienne Marie Rhudy Memorial Scholarship Fund who are pursuing a degree at any 2 or 4 year college, School who have been active in the high school marching Jim Gwazdauskas Memorial Scholarship Fund (Dan and Ann Rhudy) university, trade, or technical school. band, flag corps, or symphonic band to attend any 2 or 4 (Frank Gwazdauskas) Provides a scholarship to a 2 or 4-year college or year college, university, trade, or technical school. Provides scholarships to graduating high school students university for students attending NRV high schools who Blacksburg High School Legacy Scholarship Fund on the Blacksburg High School men’s soccer team demonstrate the ability to overcome adversity and to be (BHS Chapter of the National Honor Society) Diana Love Legacy Instrumental Music Scholarship displaying integrity of character, initiative and leadership. strengthened by the experience with a minimum grade Provides scholarships to graduating students from Fund point average of 2.5. Blacksburg High School with a minimum grade point (James F. Johnson and Janet M. Johnson, James M. Shuler Juanita Shelor Hall Memorial Scholarship Fund average of 3.2, a strong track record of leadership and and Margaret F. Shuler, Paula Wilder) (George and Lois Hall) Allan and Marie Mandelstamm Fund service to the school and/or community, and a strong Provides scholarships to graduating Blacksburg High Provide scholarships to students who are pursuing The Allan Mandelstamm Scholarship Fund provides desire to continue that level of service during college to School students pursuing a career in instrumental music. a higher education in business or education with a scholarships to NRV high school graduates or students attend any 2 or 4 year college or university. preference for students from Auburn High School. with a GED who show financial need and earn at Domermuth Scholarship Fund least a 2.5 on a 4.0 scale. The Marie Mandelstamm Blacksburg Volunteer Rescue Squad Memorial Provides scholarships to graduating high school students Kiser Orthodontics Scholarship Fund Scholarship Fund provides scholarships for Blacksburg, Scholarship Fund or other, nontraditional students from Giles County (M. Kent Kiser) Christiansburg, Eastmont or Radford students pursuing Provides scholarships to active members of the to attend any 2 or 4 years college, university, trade, or Provides scholarships to students from the counties of college degrees in the sciences. Students must Blacksburg Volunteer Rescue Squad in good standing technical school. Floyd, Giles, Montgomery, Pulaski, Tazewell, Wythe, and demonstrate a 3.0 GPA and financial need. with a minimum of one year of service who are pursuing Bland counties and the City of Radford in Virginia, and a post-secondary degree at a 2 or 4 year college, Doris Huff Elliott Business Excellence Scholarship the counties of Mercer and McDowell in West Virginia Auxiliary of Radford Community Hospital/CNRVMC university, trade, or technical school to pursue a career Fund to attend any 2 or 4 year college, university, trade, or Scholarship Fund as a Registered Nurse, Physician’s Assistant, Nurse (Wayne Elliott) technical school. Provides scholarships to pursue a career in nursing Practitioner, or Paramedic. Provides scholarships to graduating students from (registered nurse, licensed practical nurse, or certified Christiansburg High School who have taken courses Lambda Horizon Scholarship Fund nursing assistant) or in a related health profession such Casey Jones Memorial Scholarship Fund within the CHS business program to attend any 2 or 4 (LGBT Caucus at Virginia Tech) as but not limited to radiology technician, laboratory (Pat Jones and Family) year college, university, trade or technical school. Provides scholarships to students who have made technician, respiratory therapist, or any health profession Provides scholarships to graduating high school students contributions to the lesbian, gay, bisexual, transgender providing hands-on patient care. from Blackstburg High School with a preference for (LGBT) community through leadership, service, students pursuing a degree in a health profession. volunteering, and/or research.

23 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 24 SCHOLARSHIP FUNDS . . .

Project Hope New River Valley Scholarship Fund Wang Family Fund Provides scholarships to graduating seniors from the Provides the June Liang Wang Memorial Scholarship to New River Valley who are currently experiencing or have students from Blacksburg High School who demonstrate experienced homelessness during their school career to the qualities that June Liang Wang instilled in her students attend any 2 or 4 year college, university, trade or technical including scholastic achievement, community involvement, school. leadership, and global awareness.

Ray E. and Mary B. Epperly Family Fund Warren Lloyd Holtzman Freedom Scholarship Fund Provides scholarships for students of Eastern Montgomery Provides grants to offer opportunity and recognition, to High School with average grades. encourage innovation, and to acknowledge distinction by providing scholarships to deserving high school students to Skip Bishop Scholarship Fund pursue higher education. (Sandra Bishop Smith, Martha Bass Smith and Michael Edward Bishop) W.F. Teel Scholarship Fund Provides scholarships to graduating athletes from Floyd Provides scholarships to students from Auburn High School County High School to attend any college or university to attend any 2 or 4 year college, university, trade, or with documented financial need; a minimum grade point technical school. average of 3.0, and participation in any organized high school sport. Wings Fund (David and Marilyn Hutchins) T. Scott Eaton Scholarship Fund Provides scholarships for New River Valley high school 2016 Scholarship Recipients (John and Peggy Eaton) graduates and provides support for the development of the Provides scholarships to graduating high school students CFNRV scholarship program. Larry Turman Memorial Scholarship Fund Mary Ann King Peters Memorial Scholarship Fund that pursue post-high school studies in the theater or fine (Charles Turman and Thornton Turman) (Karen Hale and Leesa Meador) arts. The scholarships shall be awarded to students with Winning Choices Bonnie Kitts Memorial Scholarship Provides scholarships to graduating high school students Provides scholarships to graduating high school students average grades who graduate from public schools located Fund from Floyd County High School to attend a 2 or 4 year on the Floyd County High School women’s basketball team in the New River Valley. Provides scholarships to graduating students from any college, university, trade, or technical school. demonstrating integrity of character, initiative, leadership, public high school in Montgomery County, Virginia who are good sportsmanship, being a team player, and love of Terry Helms Memorial Scholarship Fund in good academic standing and have participated in the Lineweaver Family Scholarship Fund basketball. (Family of Terry Helms) Winning Choices essay contest at his/her respective high Provide scholarships to students studying Dairy Science at Provides scholarships to students from Blacksburg High school to attend any 2 or 4 year college, university, trade, or Virginia Polytechnic Institute and State University who have Muffo Family Scholarship Fund School pursuing a post-secondary degree at any 2 or 4 technical school. demonstrated financial need and academic performance Provides scholarships to graduating high school students, year college or university in math or a related field such as sufficient to progress through the undergraduate program. or other, nontraditional students residing in the New River statistics, engineering, or math education. Woodrow and Elma Turman Scholarship Fund Valley to attend any 2 or 4 year college, university, trade, or Provides scholarships for graduating students from Floyd Marcus Allen Ford Memorial Scholarship Fund technical school. Virginia Tech Women’s Club Scholarship Fund County High School to attend any trade or technical (Waverly and Donna Ford) Provides scholarships to rising junior and senior class school, college or university with financial need who Provides scholarships to graduating high school students Plummer Scholarship Fund women at Virginia Tech who have demonstrated excellence have demonstrated the ability and commitment to better from Christiansburg High School to attend any 2 or 4 year Provides scholarships to graduating high school students in academics and service. themselves by continuing their education. college or university in Virginia. Students should exemplify from Grayson County High School and Galax City High the qualities of Marcus Allen Ford including love and family, School with financial need, a minimum grade point average a friend to all, exceptional academic abilities, outstanding of 3.0 to 4.0, and good moral character. leadership, and good sportsmanship in the home, at school, and on the playing field.

25 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 26 Photo courtesy of the CFNRV FRIENDS ANNUAL GIFTS OF $500 - $9,999

2016 DONORS These committed donors are actively building a relationship with the Community Foundation by supporting a variety of causes including the Community Foundation’s The Community Foundation’s many donors Fund for the NRV, enabling us to act quickly to meet evolving needs. We thank you for make it possible for us to support dozens of your gifts. nonprofit organizations and students in the New River Valley each year. Since awarding Anonymous Steven Critchfield our first $500 grant in 1997, our donors have AARP Blacksburg Chapter Michael Daiber helped us to award nearly $5 million in grants Jay and Lisa Abbott Carol Davis and scholarships to benefit our community. Bank of Floyd (Skyline National Bank) Brad Denardo Their passion and generosity are unrivaled, Barbara Beatty Robert and Kathy-Lynn Devereaux and we thank them for their continuous Bell Electric Tony Distler Joan Bellis and Bob Leftwich Dorothy Domermuth support of the Community Foundation’s Randy and Bonnie Billingsley John and Lisa Dooley mission and programs. Martha Bishop Don and Libby Drapeau Blacksburg Eye Associates Wayne and Doris Elliott Blacksburg High School W.J. Fabrycky Blacksburg High School PTSO Ed and Linda Fallon Blacksburg Junior Women’s Club Jack and Kathy Finney James and Denise Blakeney First Bank & Trust Co. BENEFACTORS Al and Marilyn Bowman Terri Fisher and Terry Nicholson ANNUAL GIFTS OF $10,000+ Kevin and Linda Browne Freedom First Federal Credit Union Piggy Bank and Coin Illustration © funkyboy2014 These donors strongly support the mission of the Community Foundation and have Lynn Browne Friends of Claytor Lake, Inc. Greg and Marilyn Buhyoff Mark and Connie Froggatt made a profound and lasting impact in the New River Valley with their contributions. Building Bridges Child Development Center Bill and Ginny Gardner They make these gifts to establish new endowed funds, grow an existing endowment, Kim Carlson Ann Goette and Rick Claus or support Community Foundation special initiatives and operations. We thank you for Rosina Carter Glenn Gopman your gifts. Janaka and Kasturi Casper Robert and Rosemary Goss Robert and Sharon Chiang Joan Gotthardt and Lynda Chamowitz Anonymous Janice Litschert Marilyn Christian Ed Gralla and Randye Schwartz American Electric Power Foundation NRV Regional Commission CoBank Olin Griffin Jack and Larkin Dudley David & Lucille Packard Foundation Eldridge and Belva Collins Paul Haaf Norman and Nancy Eiss Chris and Kim Stafford Corning Inc. Foundation Barbara Hale Joe and Betty Lineweaver Larry and Patti Cowley Archie Hale Ira and Betty Crawford Lynn and Linda Hayes

27 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 28 FRIENDS . . . SUPPORTERS ANNUAL GIFTS OF $100 - $499 These donors consistently support the New River Valley by contributing to the Community Hilda Helms Andy and Susan Morikawa Richard and Ann Saacke Foundation or are just starting a relationship with us to enhance our region. We thank Carolyn Howard John and Sue Muffo Bill and Kathy Sanders you for your gifts. Pete and Pat Huber Pat and Trish Muldoom Dwight and Pat Shelor Marilyn Hutchins Don and June Mullins Walter Shields Anonymous Mary Blakely Vinod and Ranjana Chachra Pat Hyer Rhoda Myers Jim and Josie Shotts Shirley Akers Allan Bookout Lynn Chenault Steve and Cathy Jacobs Jim and Anne Neighbors Robert and Shirley Sparrow Phyllis Albritton Jeanette Bowker Mark Cherbaka Hugh Jenkins and Kim Robert Nicholson, III Dean and Bennie Stauffer George Allen Isabel Bradburn Stewart Chess Atherton-Jenkins NRV Association of Realtors SunTrust Bank Allure Spa & Skin Health Kathleen Brennan Colley Architects JSW Financial Beth Obenshain and Fred Susan Sypolt Boutique, LLC Deborah Brown Robert and Ida Comparin David Johnson Carlisle Frank Tanner Tom and Paula Alston James Brown Phyllis Conrad Kathy Jordan and Bill Zuti Suzanne O’Brien Chris Thompson Elizabeth Alteria John and Mary Jean Brown Shirley Cook Doug Juanarena Thomas and Jeanie O’Neill Doug and Wanda Thompson Jennifer Altman Tommie and Ezra Brown CowanPerry, PC Kipps Elementary School Carolyn Painter Grant Thornton Susan Anderson Eric Bucey and Dannah Card Kay Craigle Luther and Katy Kirk Brian Palmer JL and Meredith Tompkins Jeff Armistead Emily Buckland Don Creamer Kent Kiser Phi Chi Theta Thomas Troisi Harley and Beth Ashe Jason Buckland R. Gary and Janet Cross Scott Kiser Bob and Debbie Piscura Union Bank & Trust Megan Atkinson Richard Burian Richey and Judy Davis Dwayne and Pat Kittle Ray and Linda Plaut United Way of Montgomery, Susan Austin Bonnie Butler Amy Dawson Chris and Jennifer Kiwus Felice Proctor Radford and Floyd Lois Badey Cabo Fish Taco Kathryn Dowling Nancy Kolb Carolyn Quinn Virginia Tech Foundation WD Bane Susan Caceci Downtown Blacksburg Inc. Carol Lavinder Radford University Virginia Tech Women’s Club Mark Benson Jack and Debra Call Catherine DuBreuil and Ed and Karen Lawhorn Panhellenic Council Kenneth Walker Suzanne Bentley Carol Carper Joseph Merola Alan and Debbie Leet Jim and Janet Rakes Loretta Walker Jonathan Black CJ Carter and Erin Byers Harris Dunbar Michael and Carlotta Lewis Kamran Razvan Xiao-Wei Wang Blacksburg Partnership Clem Carter Kristi Eaton William Lewis David and Judie Reemsnyder Peter and Barbara Foundation The Cellar John and Peggy Eaton Jim and Roberta Littlefield Jenny Riffe Weimerskirch Robert Blackwell Patricia Ceperley Winston and Kathy Faust James Loux David Riggan and Glenna Lindsay West Jim and Gail Lucas Racer-Riggan Lee and Anne Wheeler Robert Martin II Rebecca Riley Joel and BJ Williams Kelly and Susan Mattingly Mark Ringold and John Joseph and Jessica Wirgau William McWhorter Tedesco Bob Youngs Barbara Michelsen Denton Roberts Montgomery County Greg and Fran Rooker Educational Foundation Rotary Foundation James Montgomery Carolyn Rude

2016 ANNUAL REPORT 30

29 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY All photos courtesy of Kerie LeeAnn Portraiture & Event Photography, Piggy Bank and Coin Illustration © funkyboy2014 SUPPORTERS . . .

Pierce and Nancy Felch William and Mary Lee Paul and Christine Lancaster Beverly Fleming Hendricks Betty Larkin Penny Franklin Laura Hewitt Patricia Lavender Fringe Benefit HHHunt Shirley Lendway Kathleen Fullhart Lynn Hill Holly Lesko Tamara Ghosh John and Sharon Hillison Karen Lewis Gillie’s Charles and Diane Hoover Judy Lilly Jon Catherwood-Ginn John Hosner L.P. Livesay Sara Glesner Charles and Mary Houska Bea Mahan Diane Goff Chia Hsiung and Laura Tze Carol Marchal Montgomery County Riner Volunteer Fire Thompson & Griffin, PC Roger Gough Laura Jacobsen Marshall Marchman Christmas Store Department Joe and Margot Thompson Kim Grace Brenda Jamison Tina Martin David Moore Rich Rittenhouse Trula Tuck Lois Graham Stephen Jamison Jim and Sue McAlister Kellie Morris Robert Roberts Karen Turner Mike Grim Jim and Janet Johnson Patsy McAlister Gloria Moses Alan Ronk JoAnn Underwood Jake and Courtney Grohs Rochelle Johnson Robert and Carolyn McCoy Ann Muncy Rotary Club of Blacksburg Unitarian Universalist Kurt and Karin Grosshans April Jones Will and Doris McElfresh Virginia Murphy Foundation Congregation Frank and Judy Gwazdauskas Erma Jones Mike and Jan McGilliard Nancy Murray Lois Sanborn Ken and Mary Ann Walker Anna Hale Betsy Kammerer Michael and Drema McMahon Winifred Myers Deborah Schneller Richard and Alice Walker Karen Hale Susan Kelly McMillion & McMillion, PC Paul and Elizabeth Nelson Lorenz and Allyne Schoff Teresa Walker Gary and Carol Hancock Lucretia Kender Ruben Mendez

Piggy Bank and Coin Illustration © funkyboy2014 Jerome and Ruth Ann Niles Janet Selby Jack Wall and Kamala Bauers Barbara Harris Jane Keppel-Benson Joe and Susan Meredith Mary North Sharkey’s Wing & Rib Joint Andrew and Peg Warren Maureen Harris Daisietta Kim Kenneth Meyers John and Nancy Nowlin Laurie Shea Charles and Nancy Warren Jean Haskell John King Kristie Miller Ellen O’Neil Shelter Alternatives Carol Washburn Katherine Hawkins Lilly Kristensen Patricia Miller Thomas Patton Deborah Sherman-Lee Keith Weltens Anne Hazelton Debra Lacy

All photos courtesy of Kerie LeeAnn Portraiture & Event Photography Karl Pedersen Margaret Shuler Amy Westmoreland Shalini Perumpral Frances Sims Robert and Barbara Wheeler John and Kathy Pinkerton Mary Skutt Angela Williams Raymond Plaza Doug and Carole Smartt Elisabeth Willis Jennifer Price Bonnie Smith John and Anne Wisniewski Ryan Pry Robert Smythers Craig and Sarah Woolsey Laura Pynn Arthur and Judith Snoke Linda Worley Chad and Melissa Reed Cynthia Strock Edward and Ruth Yadlowsky Panthea Reid Jeff Stump Marsha Zai Kathy Reynolds George Swift Minnis and Louise Ridenour LIsa Thoma

31 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 32 BOARD OF DIRECTORS Honored to serve the community of the New River Valley

Nancy Eiss Ginny Gardner Karin Grosshans Gary Hancock Kate Hawkins Associate Professor Retired Lead Guidance Vice President and Branch Attorney Dean, College of Humanities Emeritus of Education Counselor Manager Gilmer, Sadler, Ingram, and Behavioral Sciences Radford University Floyd County Public Schools Skyline National Bank Sutherland & Hutton Radford University TREASURER PRESIDENT VICE PRESIDENT SECRETARY Courtney Grohs Ed Lawhorn Terri Fisher Doug Thompson Instructor NRV Market Executive Outreach & Projects Vice President and Virginia Tech Honors Union Bank & Trust Coordinator NRV Senior Credit Program Community Design Administrator Pat Huber Pat Hyer Carlotta Lewis Barbara Michelsen John Muffo Assistance Center Carter Bank & Trust President Retired Associate Provost Retired Check Processing Retired Director Retired Director of New River Community Virginia Tech Supervisor YMCA at Virginia Tech Academic Assessment College Radford University Programs Virginia Tech Illustration © nightwolfdezines

Paula Alston Eric Bucey Eric Chapman Brad Denardo Retired Director Executive Director Attorney President and CEO Montgomery-Floyd Regional Beans & Rice, Inc. CowanPerry, PC National Bank Library Trish Muldoon Chad Reed Andrew Warren Peter Weimerskirch Retired Counselor Director of Budget and Planning Director Retired Physician Emergency Giles County Public Schools Financial Planning Town of Christiansburg Medicine Radford University

33 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 34 VOLUNTEERS STAFF

COUNCIL OF FORMER DIRECTORS COMMUNITY ADVISORS

Individuals who have completed their service on the Community Advisors are an essential part of the Board of Directors may be invited to serve on the Community Foundation’s leadership, serving Council of Former Directors and actively participate actively on standing committees and participating in CFNRV events and serve on committees. These in all CFNRV events. individuals provide valuable experience and institutional knowledge.

C. Barry Anderson Robert K. Miller Jay Abbott Barry Hollandsworth Marilyn Buhyoff Robert Nicholson, III Mike Burton Marilyn Hutchins Jessica Wirgau, Ph.D. Kim Thurlow Laura Pynn Delie Wilkens Jackie Crenshaw Beth Obenshain Erin Byers Tacie Jones Executive Director Director of Community Administration & Programs Program Coordinator, Peggy Eaton Bob Piscura Kim Carlson Dave Marone Programs Manager GiveBigNRV Steve Gerus Doug Smartt CJ Carter Jim McAlister Hugh Jenkins Chris Thompson Alan Fabian Pat Morris Reed Kennedy Lindsay West Bill Gardner Rhonda Poindexter We would be happy to tell you more about our organization and the work we do. Contact The Community Foundation Dwayne Kittle Joel Williams Ellen Garren Terrie Sternberg of the New River Valley at our Christiansburg office or check our website for further information. Hing-Har Lo John Hillison Eric Webster-Garrett

540.381.8999 / [email protected] / WWW.CFNRV.ORG

Since the early work of the founders of the Community Foundation of the New River Valley, the focus has been on building a better community, for now and for the future. Our values of transparency, sound financial stewardship, EXECUTIVE DIRECTOR EMERITUS and leadership in service to community are a critical part of our interaction with organizations, donors, and our broader region. We are a publicly supported, nonprofit organization classified as a 501c3 by the Internal Revenue Andy Morikawa served as the Community Foundation’s Executive Director from 1997 to 2010, leaving a legacy focused Service (IRS). All gifts to the Community Foundation are tax-deductible as allowed by law. on building the capacity of NRV nonprofits to respond to increasing and evolving needs. Upon his retirement from the CFNRV in 2010, he was awarded the designation of Executive Director Emeritus by the Board of Directors, giving him the The CFNRV is confirmed in compliance with the Council on Foundation’s National Standards for Community opportunity to remain involved with the CFNRV by serving on committees or working on special projects at the invitation Foundations, a prestigious designation demonstrating excellence in philanthropic practice. Visit our website to learn of the Board and/or the Executive Director. more at www.cfnrv.org.

35 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 36 OUR SPONSORS PLATINUM The CFNRV relies on both financial and 2016 in-kind contributions from local businesses Corning Incorporated Foundation and organizations to support our programs FINANCIAL INFORMATION LewisGale Hospital Montgomery and operations. We would like to thank all Union Bank & Trust those that helped to make GiveBigNRV, the Annual Meeting, and the Third Thursday Society possible in 2016. FINANCIAL POSITION STATEMENT STATEMENT OF ACTIVITIES

ASSETS REVENUES CURRENT ASSETS Contributions 751,012 Cash & Cash Equivalents 30,376 Fundraising Events 675 Other Current Assets 520 Grant Income 25,133 GOLD Total Current Assets 30,896 Life Ins Surrender Value Chg -801 Investment Return 427,735 ENDOWMENT INVESTMENTS Total Revenues 1,203,754 Cumulus Blacksburg Cash & Cash Equivalents 849,107 First Bank & Trust EXPENSES Marketable Securities 7,762,728 JSW Financial Total Endowment Assets 8,611,835 PROGRAM EXPENSES JustRight Audio Visual Special Grants & Fiscal Spon Exp 4,835 Radford University Panhellenic Council OTHER ASSETS Grants & Scholarships 536,796 Life Insurance Surrender Value 37,493 Total Liabilities 541,631 Real Estate 30,000 Total Other Assets 67,493 Administrative Expenses 316,393 Real Estate Expense 192 TOTAL ASSETS 8,710,224 Total Expenses 858,216 LIABILITIES CHANGE IN NET ASSETS 345,538 CURRENT LIABILITIES SILVER Accounts Payable 1,439 Net Assets - Beginning of Year 8,356,078 Accrued Payroll 0 Payroll Tax Liabilities Payable 7,169 Bank of Floyd Total Liabilities 8,608 Net Assets - End of Year 8,701,616 (now Skyline National Bank) Blacksburg Partnership

NET ASSETS Flag illustration vecteezy.com CowanPerry, PC Unrestricted Net Assets: Operating 53,669 Old Town Printing The financial information above has not been audited. Temporarily Restricted 1,423,107 Red Element Graphics Copies of the 2016 audited financial statements and Permanently Restricted 7,224,840 Rocky Acres IRS Form 990 prepared by Brown Edwards & Company Thompson & Griffin, PC Total Net Assets 8,701,616 L.L.P. are available upon request. Wordsprint TOTAL LIABILITIES & NET ASSETS 8,710,224

37 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 38 Non-Profit Organization U.S. Postage Paid Blacksburg, VA Permit No. 36

990 Cambria Street NE • P.O. Box 6009 • Christiansburg, VA 24068-6009

POLICE

Printing of the 2016 Annual Report is made possible with individual and corporate contributions to The Fund for the NRV.