2006 Annual Report
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2006 ANNUAL REPORT The 2006 Annual Report of Central Indiana Community Foundation (CICF) • The Indianapolis Foundation • Legacy Fund Community Foundation Issued October 2007 Moving from “Good to Great” 2006: and Picking Up Speed Starting in 2004, CICF staff studied Jim Collins’ book Good to Great (Harper Collins 2001) and participated in a “Good to Great” council to discuss how these principles could be applied to the Foundation. The process became a lens through which everyone understood where we should invest our time and financial resources for the greatest community benefit. It has provided insight and clarity around our work ever since. In 2006 Good to Great concepts continued to reap benefits for CICF, The Indianapolis Foundation, and Legacy Fund and the communities they serve. We are most Probably the most valuable exercise, yet also the passionate about... The most difficult, was identifying the “Hedgehog Transformative CICF’s Concept.” It’s based on the notion that a hedgehog Power of does one thing really well: whenever threatened, it curls Philanthropy “Hedgehog” up in a ball, pointing its prickly needles at its predator. Collins suggests that “great” organizations have figured We can be the best in out what that one thing is by having clarity around three CICF's Good to Great the world Council identify CICF’s Deep questions: What are you most passionate about? What at... “Hedgehog Concept” Philanthropic are you the best in the world at? What drives your Relationships in Net Revenue resource engine? Central Indiana per Fund CICF’s answers to these questions framed our 2006 work and led to extraordinary results that we are pleased to report to you: our donors, our grantees, our key Our resource engine is... constituents, and our community. We are passionate about the transformative power of philanthropy. This means philanthropy not only changes the lives of those who benefit from it, but it also transforms the lives of the donors as well. We strive to be best in “our world” of central Indiana at leveraging deep philanthropic relationships for community good. These relationships help achieve more philanthropic synergy that leads to greater out- comes for the community. This means we must have deeply connected relationships with our board mem- bers, donors, not-for-profit organizations, financial and legal advisors, and other community leaders. As a not-for-profit, we think more about resources and community good than about pure economics. Yet, with more than $600 million in assets, we realize that to provide great community benefit, we must have a business model that effectively gathers and prudently invests our resources. Therefore, our resource engine requires all funds to share equitably in funding programs and services. The 2006 annual report summarizes a year of great results through our work to embody and inspire the transformative power of philanthropy, leverage deep philanthropic relationships, and build assets for effective philanthropic investments. Thank you for your support and efforts to improve our community. We look forward to our continued partnership in 2007 and beyond. Key 2006 Stats Michael Smith Brian Payne (as of 12/31/06) Contributions: $33.1 million Funds: 623 Chair President Grants awarded: $33.9 million CICF Board of Directors Central Indiana Community Foundation Assets: January 1 $536.9 million December 31 $609.8 million Investment Return: 16.1% www.cicf.org Grants: The Transformative Power of Philanthropy Grants listed were awarded by funds with a competitive awards process including The Indianapolis Foundation, Legacy Fund, and other CICF funds. Search our online grants library at www.cicf.org to view award amounts by fund. 100 Black Men of Indianapolis, Inc. Broadway United Methodist Church Indianapolis Adult & Child Mental Health Center, Inc. Brooke’s Place for Grieving Young People, Dress For Success Indianapolis, Inc. African Community International, Inc. Inc. Dyslexia Institute of Indiana, Inc. Agape Therapeutic Riding Resources, Inc. Brookside Community Youth Program, Inc. Eagle Creek Park Foundation, Inc. Alternatives Incorporated of Madison County Butler Company East 10th United Methodist Children & Youth American Civil Liberties Union of Indiana Butler University Jordan College of Fine Arts Center, Inc Foundation, Inc. Butler-Tarkington Neighborhood Association Edna Martin Christian Center American Diabetes Association Calvary Temple Eiteljorg Museum of American Indians and Anglican Church of Resurrection Camptown, Inc. Western Art Antioch Neighborhood Restoration & Cardinal Ritter High School Library Emmerich Manual High School Library Outreach Ministry Inc. Carmel Clay Parks and Recreation Englishton Park United Presbyterian Area Youth Ministry, Inc. Carmel Symphony Orchestra Ministries, Inc. Arlington High School Library Carnegie Performing Arts Center of East Esther’s Place Arsenal Technical High School Library Chicago Exodus Refugee/Immigration, Inc. Art With a Heart Carroll County Wabash & Erie Canal Family Service of Central Indiana, Inc. Arts Council of Indianapolis Cathedral High School Library Field Station Cooperative IRH Fund Awards Asante Children’s Theater Catholic Charities Indianapolis Fine Arts Society of Indianapolis Asian American Alliance, Inc. Catholic Youth Organization First-Meridian Heights Presbyterian Church Asian Help Services Center for Leadership Development, Inc. Fishers Freedom Festival $1 Millionth Dollar Assistance League of Indianapolis Centro Familiar Vida Nueva Fletcher Place Community Center Association of Fundraising Professionals - Cherubims, Inc. Forest Manor Multi-Service Center Indiana Chapter Children’s Bureau, Inc. Frankfort-Midwest Rail Heritage Trust In 2006, the Indianapolis Retirement Home (IRH) Auntie Mame’s Child Development Center Choices, Inc. Franklin Central High School Library Inc. Christamore House Freetown Village, Inc. Fund awarded $497,381 to 19 organizations serving AYS Inc. Christian Theological Seminary Friends of Beck’s Mill, Inc. B&O Trail Association Cicero Friends of the Park, Inc. Friends of Garfield Park, Inc. older adults in central Indiana, bringing its total grants Ball State University CICOA Aging & In-Home Solutions Fund for Hoosier Excellence, Inc. Bands of America, Inc. City of Noblesville Garden Baptist Church awarded since its 2004 inception to $1.3 million. This Beech Grove High School Library Coalition for Homelessness Intervention & Garden City Christian Church BehaviorCorp Prevention Gennesaret Free Clinic $13.1 million CICF field-of-interest fund addresses Ben Davis High School Library Coburn Place Safe Haven George Washington Community School Ben Davis Ninth Grade Center Library College Mentors for Kids! Inc. George Washington Community School issues and opportunities for our community's older Best Buddies Indiana Community Alliance of the Far Eastside Library adults. Over its 137-year history, the Home built a Bethlehem House Residence, Inc. (CAFE) Girl Scouts of Hoosier Capital Council Big Brothers Big Sisters of Central Indiana Community Caring and Sharing, Inc. Girls Incorporated of Franklin significant endowment, mostly from donors’ planned Bishop Chatard High School Library Concord Neighborhood Center Girls Incorporated of Indianapolis Blue River Foundation, Inc. Coordinated Aging Services for Morgan Girls Incorporated of Shelbyville/Shelby gifts, which the IRH board transferred to CICF after Boone County Senior Services County County Bosma Industries for the Blind, Inc. Coppin Chapel AME Church Gleaners Food Bank of Indiana, Inc. the Home closed in 2004. Boys & Girls Club of Noblesville Cosmo Knights Scholarship Fund, Inc. Goldman Union Camp Institute Boys & Girls Clubs of Indianapolis Covenant Christian High School Library Governor’s Public Building Foundation Inc. “When we operated as the Indianapolis Retirement Boys & Girls Clubs of Indianapolis (Atkins Covenant Community Church Great Commission Church of God Unit) Crispus Attucks Medical Magnet High School Greater Indianapolis Chamber of Commerce Home directly providing services to seniors, we were Boys & Girls Clubs of Indianapolis (Francis Library Greater Indianapolis Chamber of Commerce Scott Key #103) Crooked Creek Multi-Service Center Foundation able to make a difference in the lives of 53 seniors,” Boys & Girls Clubs of Indianapolis (Keenan- Crooked Creek Northwest CDC Greater Indianapolis Progress Committee said IRH Fund advisory board chair, Karen Whitney. Stahl) Crossroads of America Council/Boy Scouts of Greenways Foundation, Inc. Boys & Girls Clubs of Indianapolis (LeGore America Gregory Hancock Dance Theatre “Now, as the IRH Fund in partnership with CICF, Unit) Dads, Inc. Hamilton Centers Youth Service Bureau, Inc. Boys & Girls Clubs of Indianapolis (Lilly Unit) Dance Kaleidoscope Hamilton County Artists’ Association through the strategic granting of our funds we are Boys & Girls Clubs of Indianapolis (Wheeler Day Nursery Association of Indianapolis, Inc. Hamilton County Child Service Network Unit) Dayspring Center, Inc. Hamilton County Leadership Academy able to work with many direct providers and together Brebeuf Jesuit Preparatory School Library Decatur Central High School Library Hamilton County Parenting Coalition Brightwood Community Center Diabetes Youth Foundation of Indiana, Inc. Hamilton County Parks & Recreation we are making a difference in the lives of thousands Broad Ripple High School Library Dirty Dozen Hunting and Fishing Club Hamilton County Vesta Foundation for of seniors in central Indiana.” Domestic Violence Network