2016 ANNUAL REPORT
YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. 2016 ANNUAL REPORT 1
the north central West Virginia community. the north central West Virginia community. Sincerely, Stephen F. Decker, Chair Your Community Foundation of North Central West Virginia, Inc. our team. Patty grew up in Morgantown, in grew up our team. Patty State University, graduated from Colorado She has over in 2002. and returned home board believes experience and the YCF fundraising years of 15 potential to the future of the organization. she brings great in scholarships, provided over During 2016, YCF awarded $333,000 projects throughout the region, and $700,000 in grant funding for funds. One of our new funds is the established 10 new endowment Fund – a $1 million endowment to Woodrow W. Woods Scholarship support students in Harrison County. that fundraising campaign Opportunity Day, a celebrated YCF also provided matching dollars for nonprofit organizationsin the100% region. The matched was amount The donors. 140 from $71,000 raised campaign made possible by donations was Fund, which through the YCF Opportunity members, and local businesses. from board members, community We support and partnerships with YCF. We thank you for your continued look forward to being a part of the ongoing efforts to make an impact in Dear Friends, Dear to I’m pleased chair of YCF, As the current with you. progress in 2016 share our new president to the YCF welcomed a us Ryan joined Patty Showers organization. on to have her we are thrilled and in June
Opportunity Day Board of Directors, Staff & Professional Advisors Board of Directors, Staff & YCF Donors Scholarships Awarded Grants Awarded Financial Report Types of Funds YCF Funds In Memoriam: Michael DeProspero Fund Highlights Make Your Impact Letter from the Chairman Letter from the
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Table of Contents of Table YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 2016 ANNUAL REPORT 3 Mavis Grant and George Lilley Mavis Grant Ranjit Majumder William Maloney McKinney Barbara Alexander Sarah Minear MVB Bank, Inc. Virginia Royce Ronald Stovash Rita Tanner United Bank WesBanco Bank, Inc. YCF Founder’s Fund • • • • • • • • • • • • Dinsmore & Shohl LLP Dinsmore & Shohl Duncan Darryl and Shelly Robert Greer Bank Huntington National Highgate Carriage House – Fairmont, WV Barry Fasenmyer MassMutual Three Rivers (formerly MetLife), Monroe’s Restaurant – Kingwood, WV Preston Memorial Hospital West Virginia Black Bears generous for the staff event House Blaney and Gordon Gee, E. WVU President, Advertising, Inc. for all BlaineTurner Ginna Royce, President & Creative Director, Adrian Holding, LLC Adrian Holding, Carolyn Atkins Billy and LLC Bowles Rice Neil Bucklew Marilyn Byrne William and Jean Clark Billy Coffindaffer Stephen Decker Michael DeProspero hospitality. Opportunity Day printed materials. • • • • Organizations who contributed resources to the Opportunity Day Campaign are as follows: • • • • • Special Recognition to: • • Community Donors who contributed to the Opportunity Day Fund for matching for matching Day Fund Opportunity to the contributed who Donors Community as follows: are contributions • • • • • • • • • $6,000
$10,000
$4,015
$10,151.03 $2,025
$11,430 $10,800
$6,950
$2,441.70 $2,800 $4,889.70
YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, YCF MATCHES 100% OF COMMUNITY DONATIONS 100% OF COMMUNITY YCF MATCHES PRESTON COUNTY Food for Preston Mountaineer Area Young Life Women’s Giving Circle of North Central West Virginia Milan Puskar Health Right Mon County Habitat for Humanity Mon River Trails Conservancy Monongalia County Child Advocacy Center Arts Monongahela Bartlett House Empty Bowls Monongalia The Disability Action Center MONONGALIA COUNTY one new agency fund was established by the Mon County Habitat for Humanity. one new agency fund was established are as follows: The amounts raised by the organizations MARION COUNTY presentation, checks were distributed to each organization. Six of the nonprofits invested nonprofits the of Six organization. each to distributed were checks presentation, the matching funds into their endowment and five requestedand pool endowment YCF the added to was $98,598 total, In needs. immediate for funds to receive the matching the period totaled $71,502 from 140 donors. luncheon a with Campaign Day Opportunity concluded its YCF 2016 7, September On During the Gordon Gee. E. by WVU President hosted House Blaney the at celebration Following the Renewal Days, YCF held a two-week fundraising period from July 15-July 31, July 15-July period from fundraising two-week held a YCF Days, Renewal Following the 2016. Eleven nonprofitorganizations from Marion, Monongalia,raised during with YCF. Donations held solicited donations to add to their endowments and Preston counties The campaign began in May with Renewal Days held in Marion, Monongalia, Preston, and Preston, Monongalia, Marion, in held Days Renewal with May in began campaign The the of awareness raise to groups local by hosted were Days Renewal The counties. Taylor upcoming Opportunity Day. from community members and businesses. Each nonprofit was challenged to raise funds raise to challenged was nonprofit Each businesses. and members community from a 100% match. and the YCF Opportunity Fund offered for their endowment In 2016, YCF held a matching funds campaign. Nonprofit organizations with endowments at endowments with organizations Nonprofit campaign. funds matching a held YCF 2016, In with donations YCF Opportunity Fund was established participate. The YCF were invited to 2 2016 ANNUAL REPORT 5 provides grants Taylor County Charitable TAYLOR COUNTY The Interest Fund for organizations in Taylor County. Since its establishment in 2009, the endowment has provided $3,000 to 9 organizations. In 2016, a grant of $500 was made to both the Fetterman United Methodist Church AJE Backpack Program & the First Baptist Church Food Pantry. was opened in 2011 by Steven Harper in in 2011 by Steven was opened PFC Andrew Martin “Bo” Harper Memorial Martin “Bo” Harper PFC Andrew MONONGALIA COUNTY MONONGALIA The Fund established to his son. The fund was memory of to Monongalia or annual scholarship provide an with first preferenceHarrison County students, from Universitygiven to students graduating establishment, the fundHigh School. Since its its original gift through itshas more than tripled and Bo” Memorial Ride andannual “Bikers, Bros, awards. provided $5,000 in scholarship was created in 2006 to assistance to 8 students. PRESTON COUNTY John C. and Joann T. Wills provide scholarship funds to Fund its inception, the scholarship Music Educators Scholarship The Preston High School graduates pursuing a Bachelor’s degree in has awarded $4,500 in financial choral/vocal areas of study. Since music education, instrumental, or music education, instrumental, YCF recognizes YCF recognizes the following funds endowed for the positive they difference represent in the NCWV region.
was founded in 1972 to serve FUND FUND was established in MARION COUNTY
Fund for the Union Mission of helped clients obtain their GED
for the learning center which has Clarksburg-Harrison Cultural Foundation Leslie C. and Mildred M. Brooks diploma and gainful employment. Fairmont, Inc. organization purchased equipment To date the fund has provided over
$120,000 to support the operations The 2006 by Leslie C. Brooks. In 2016, the of the Union Mission of Fairmont, Inc. ongoing work. In 2016 the organization used $5,570 of the fund’s annual ongoing work. In 2016 the organization organizations to support worthwhile earnings to put toward grants to eight is Harrison County. projects that promote cultural awareness The community and its arts organizations. as a cultural conduit between the local fund with YCF to support its The organization chose to open an endowed HARRISON COUNTY HIGHLIGHTS YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 4 2016 ANNUAL REPORT 7 .
request and the federal tax Form 990 can be viewed online. request and the federal tax Form 990 GRANT MAKING EXPERTISE YCF is knowledgeable about needs and opportunities in north central West Virginia. Donors may determine areas of special interests, or rely on YCF to identify and share current charitable organizations seeking grant funding. YCF is a member of the National Council on Foundations and Philanthropy WV These organizations provide invaluable information for YCF. STEWARDSHIP from its Investment Committee, YCF’s Board of Directors, with guidance investment managers. YCF’s closely monitors the performance of professional an independent auditor. annual financial report is certified by Standards for the Council on YCF is accredited through the National and credibility of Your Community Foundations. This assures the integrity Inc. Foundation of North Central West Virginia, are available to the public upon Transparency is important. YCF’s documents COMMEMORATION of after themselves, in honor may name a fund or organization An individual charitable contributions a loved one to provide or in memory of an individual, or mission. of a life’s work in recognition
relevant to the donor’s original interests. direction of YCF’s Board of Directors, continue in perpetuity. Should the direction of YCF’s Board of Directors, continue in perpetuity. Should the intended purpose of a fund become obsolete, and the donor is unavailable, the Board may amend provisions of the fund to ensure new needs are met, PERMANENCE Donors create a lasting legacy by establishing an endowment that will continually give to charitable causes. The funds, administered under the $20,000. funds require a minimum of $20,000. with a minimum $10,000. Scholarship years. The invested earnings can be The donation may be pledged over three wishes. awarded annually based on the donor’s ESTABLISH A FUND ESTABLISH A FUND agencies may create a permanent fund Individuals, businesses and nonprofit areas 150 funds in multiple areas existing funds. YCF maintains more than community development, of interest: animal welfare, arts and culture, sports and recreation, and scholarships. education, health and social services, DONATE TO AN EXISTING FUND are encouraged to contribute to All gifts matter. Community members WAYS TO GIVE stocks YCF accepts online donations, checks, and bequests. Donations are tax deductible. represents the fastest growing sector of philanthropy in the U.S. and is represents the fastest growing sector nationwide. one of more than 700 community foundations Your Community Foundation of North Central West Virginia, Inc. (YCF) Foundation of North Central West Your Community by and for the people of our is a tax-exempt public charity created endowment. This group community to manage multi-generational
YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA,
MAKE YOUR IMPACT MAKE 6 2016 ANNUAL REPORT 9 are those donated without stipulations or without stipulations or are those donated are established to assist students’ education. Donors Donors education. students’ to assist are established is a simple way to make a lasting gift to your community. a lasting gift to your community. is a simple way to make “I give, devise, and bequeath to Your Community Foundation of North Foundation of North “I give, devise, and bequeath to Your Community a nonprofit public charity Central West Virginia, Inc. (FEIN 27-5249383), sum of $______, for the located in North Central West Virginia the of North Central West Virginia, Inc. benefit of Your Community Foundation the purpose).” to be used for the following purpose: (state long-term community planning. Grant-making from a fund is at the discretion is at the discretion planning. Grant-making from a fund long-term community charitable Directors within the bounds of the general of the YCF Board of purposes of the Foundation. BEQUEST BY WILL to benefit the estate funds, an endowment is established When YCF receives the name of the fund and community forever. The donor may predetermine are awarded. Suggested language: the purpose for how the annual earnings SCHOLARSHIP FUNDS SCHOLARSHIP designate funds for any and can eligibility requirements may determine policies, with YCF are made in accordance Distributions level of education. the student is enrolled. institution in which funds to the specific providing UNRESTRICTED FUNDS creatively and YCF maximum flexibility to respond conditions; they allow and opportunities. most compelling needs effectively to our communities’ assets to address the Foundation’s most important These funds are among
Types Types of Funds provide long term investments for local provide long term investments for local enable donors, at the time the fund is is enable donors, at the time the fund allow the donor to address an area or issue of issue of allow the donor to address an area or allow donors to actively participate in the grant- allow donors to actively participate in
from others who see them as a way to address their own charitable interests. from others who see them as a way to address their own charitable interests. Under the direction of the YCF Board of Directors, grant-making addresses the specific area identified by the fund. importance to the community. Fields of interest may include, but are not importance to the community. Fields of interest may include, but are not limited to, arts, environment, women’s services, education, youth services, religion, animals or health care. The endowment may grow through gifts FIELD OF INTEREST FUNDS from the fund. YCF ensures the designated recipients(s) receive support recipients(s) receive support from the fund. YCF ensures the designated continue to fulfill the intended as long as they remain in existence and charitable purpose. DONOR DESIGNATED FUNDS to permanently benefit established, to name one or more organizations as they charitable interests as they making process as a flexible way to address their children as advisors to perpetuate change over time. Donors can involve a family tradition of philanthropy. DONOR ADVISED FUNDS AGENCY ENDOWMENT FUNDS support a nonprofit’s greatest needs nonprofit organizations. Annual earnings responsibilities. while YCF assumes reporting and investing The fund is invested by YCF and the annual earnings may be awarded may be awarded by YCF and the annual earnings The fund is invested based on the donor’s wishes. YCF offers a variety of funds to meet both donor and community community of funds to meet both donor and YCF offers a variety the fund purpose. the fund name and determine needs. Donors select YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 8 2016 ANNUAL REPORT 11
Monongalia Arts Center Fund Supports the Monongalia Arts Center (MAC) art and theatre programming as well as building upkeep and maintenance expenses. Shelly A. Marshall Foundation Fund For children’s library activities, high school creative writing contests, arts workshop programs, and through inter- generational teas. Warner Theatre Preservation Fund Supports restoration and upkeep of the Warner Theatre in Morgantown, provided it is a nonprofit. West Virginia Black Heritage Festival Endowment Fund Benefits the annual WV Black Heritage Festival held in Harrison County. Your Community Foundation (YCF) Regional Arts Endowment Fund Supports the arts in the service region of YCF. Marion County Historical SocietyMarion County Historical Operating Endowment Fund For the preservation and promotion of the history of Marion County. Metropolitan Theatre Foundation Fund Provides for the renovation and restoration of the Metropolitan Theatre.
students needing assistance. J. Adrian and Mabel Harner Memorial Fund for the Metropolitan Theatre Supports operations of the Metropolitan Theatre in Morgantown. MAA Endowment Fund Supports the Morgantown Arts Association and its artists. Arts Monongahela Fund Arts Monongahela ArtsServes the mission of the West VirginiaMonongahela, Inc. in Monongahela Valley. B. HighlandBarbara B. and Cecil Performing Arts Fund Supports quality art performances of the North Central West Virginia region. Clarksburg / Harrison Cultural Foundation Endowment Fund Provides support to the agency and its missions. DeLynn Arts for Children Fund Supports art activities and programs for children in Morgantown. Don Knotts Legacy Fund Honors the legacy of Morgantown native and legendary comedian. Douglas H. Tanner Memorial Fund for the Arts Supports visual and performing arts in the greater Morgantown area. Harrison County Young Musicians Fund Provides support for repair and refurbishment of instruments for The following funds have funds following The endowed the reached $10,000. level of WELFARE ANIMAL of Cruelty toPrevention Animals Fund in the greaterPromotes animal welfare Morgantown area. ARTS & CULTURAL
Woodrow W. Woods Scholarship Provides scholarships to unmarried Harrison County residents in good academic standing. Scholarship Fund Provides a scholarship to a WV resident, enrolled at an institution of higher learning in WV, pursuing a degree in education and/or science, with a 3.25 GPA or above. University High School Foundation Fund Provides support for academic programs and education activities at University High School or other charitable activities of the UHS Foundation. The Sgt. Christopher Dalton The Sgt. Christopher Fund Memorial Scholarship to a MHS Provides a scholarship a WV graduating senior, attending who plans to college or university, major in criminal justice. Davis and The William Charles Educational Dorcas Regina Davis
Company. The Morgantown Theatre Company Fund Supports the Morgantown Theatre Services Project Fund Supports the Morgantown Area Youth Services Project. County Habitat for Humanity and its affiliated agencies. The Morgantown Area Youth Mon County Habitat for Humanity Endowment Fund Supports the charitable, scientific, or education purposes of the Mon Supports youth art programs in Monongalia County with a primary preference for the visual arts. Miles McKennan Foreman Youth Art Fund Endowment Fund Supports BOPARC operations, community programming, and other enhancing projects. NEWLY ESTABLISHED NEWLY ESTABLISHED ENDOWMENTS Building BOPARC Community years. For a full list of funds, and fund specific information, pleaseour website www.ycfwv.org visit The funds listed represent the passions of individuals, families, andof individuals, families, the passions listed represent The funds an region. To establish central West Virginia in the north organizations within 3of $10,000 payable a minimum gift YCF requires endowment, List of Funds of List YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 10 2016 ANNUAL REPORT 13
for individuals and families. for individuals and families. Little Toy Train Benefits WVU Children’s Hospital through the purchase of gifts for WVU Children’s Hospital patients. Leslie C. and Mildred M. Brooks Fund for the Union Mission of Fairmont Supports the Union Mission of Fairmont, WV. Louis and Mabel Tanner Community Fund Supports nonprofit organizations which provide health and human services to low-income individuals and families in Morgantown. Milan Puskar Health Right Endowment Fund Supports the Milan Puskar Health Right. Monongalia County Child Advocacy Center Endowment Fund Supports the Monongalia County Child Advocacy Center, Inc. HEALTH & HEALTH SERVICES HUMAN Bartlett House Fund House, Inc. Supports the Bartlett Fund Bi-County Nutrition NutritionSupports the Bi-County Program, Inc. Fund Camp Nabe Endowment maintenanceSupports the operations, of Camp Nabe. and future development Empty Bowls Monongalia Monongalia. Supports Empty Bowls Food for Preston Supports Food for Preston and affiliated food pantries. Francis and Coletta Schmidt Family Fund Benefits nonprofit organizations in Marion County that provide basic needs
Benefits the St. Vincent Grade SchoolBenefits the St. Vincent and Wheeling Central Catholic High School. Job Squad Endowment Fund Supports the purposes of Job Squad. The Morgantown Public Library System (MPLS) Fund Salem University in Harrison County. Supports DAC education, scholarships,Supports DAC education, withand resources for individuals disabilities. Don & Shirley Seamon Education Fund Supports the charitable purposes of the library. Scott Argabrite Foundation Fund To develop and conduct youth amateur athletic basketball programs in Preston County, WV and Myrtle Beach, SC. Stephen D. Tanner Children’s Enrichment Fund Provides grants for enrichment programs to benefit underprivileged children in Monongalia County. T. Edward and Sylvia K. Davis Award Fund Provides funding for annual speakers at EDUCATION Fund Atkins and Carolyn Billy for Children and charitableSupports educational in West Virginia. needs of children Babies Fund Books for and related literacyProvides books of infants born inmaterials for parents Monongalia County. ofDisability Action Center andMarion County Education Resource Fund
Endowment Fund Supports grant-making for women and girls. Morgantown Public Library System Capital Fund Supports capital improvements in the Morgantown Public Library System. Mountaineer Area Young Life Provides support to Mountaineer Area Young Life Leaders and Programs. Taylor County Charitable Interest Fund Supports charitable purposes in Taylor County. Women’s Giving Circle of North Central West Virginia County area. Mon River Rail Trail Supports trail maintenance by the Mon River Trails Conservancy. Mon River Trails Conservancy Develops and maintains the rail trails along the Monongahela River and Deckers Creek watersheds. Mon Valley Green Space Coalition Provides for green space and open space protection, bike and pedestrian pathways, urban forestry and related environmental issues. Marion County Patriot Memorial Flag Fund andFor the purchase, installation, site of the Marionmaintenance of the FlagpoleCounty Patriot Memorial and Flag. W. Lilley Jr.Mavis Grant and George Fund Community Enhancement of life forFor improving the quality Monongaliacitizens, mainly in the
Endowment Fund Supports the Leadership Institute in Arlington, VA. Supports the Presbyterian Lay Committee. Leslie C. and Mildred M. Brooks Leadership Institute Leslie C. and Mildred M. Brooks Fund for the benefit of the Presbyterian Lay Committee Presbyterian Church Supports the First Presbyterian Church of Fairmont, WV. memorial park in the town of Star City. Leslie C. and Mildred M. Brooks Fund for the benefit of the First John F. Kennedy Memorial Park Maintenance Fund Provides funds to maintain the Shriners Hospital for Children, MarionShriners Hospital for County Historical and Museum Preservation, and studies of historical and museum preservation. The Grubb Charitable Foundation Fund for Children,Supports St. Jude Hospital Coffindaffer Riverfront Fund Coffindaffer Riverfront for planningProvides seed monies the riverfrontand development of Monongalia County. COMMUNITY DEVELOPMENT YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 12 2016 ANNUAL REPORT 15
who have lost parental support and have demonstrated leadership and academic ability. J. Cecil Jarvis Memorial Scholarship Fund Provides scholarship assistance to a post-graduate student from Harrison County for further education in journalism, medicine or law. Jacob David Bower – “Bower Power” Memorial Fund Scholarship for a Marion County high school graduate participating in at least one varsity sport, exhibiting strength of character. Jean and Laurence S. DeLynn Scholarship Fund Provides scholarships to high school graduates who are children or grandchildren of current or retired full- time employees of Mylan in the greater Morgantown area. Erin Marie Keener Nursing Erin Marie Keener Scholarship Fund for a fourth-year Provides a scholarship Marion County or nursing student from attending north central West Virginia West Virginia University. Raymond Ernest Daniel Conaway, Reece Guy Baker, and Everett Baker Memorial Scholarship Fund Scholarship benefits students of West Virginia University’s medical or engineering schools. HopeWorks Scholarship Scholarship assistance for high school graduates in Monongalia County
Scholarships for students graduating from Ohio or Marshall County, attending a West Virginia college or university, to pursue a degree in the medical fields. Dr. Leo Kotchek Memorial Scholarship Fund Provides scholarship funds to a Preston County high school graduate studying veterinary medicine. agriculture, engineering, construction, agriculture, engineering, trades. electrical or related Brandi Kay Bowen Scholarship Fund scholarship to Provides an annual Doddridge County students. Catherine Flynn Morrison Memorial Scholarship Fund Provides a scholarship for higher education, technical or vocational training to a Mannington area high school graduate, or a person obtaining an equivalent GED, or a person honorably discharged from any branch of the United States Military Service with a minimum of one full year of active duty. Don & Shirley Seamon Scholarship Fund SCHOLARSHIPS Memorial Scotchel Angela Scholarship Fund Basketball for female basketball Scholarship School University High players from a partial basketball who receive or from a college athletic scholarship university in the U.S. Angela Shahan Memorial Scholarship Fund High School Scholarships for Preston in the areas of graduates studying Awards scholarships to students graduating from Harrison County high schools, wishing to become certified teachers in West Virginia. Charlotte and Mary Gail Koen Scholarship Endowment
Camp Mountaineer. Friends of Track and Field Supports youth educational activities, intercollegiate amateur track and field programs. WVRET/WVU Rifle Club Endowment Fund To develop and conduct youth educational activities in collegiate amateur athletic shooting and marksmanship programs. SPORTS & RECREATION SPORTS & RECREATION Dreamswork Fund High School Benefits the University charitable Athletics Fund and other purposes. Elizabeth Lake Shuman Mountaineer Endowment for Camp For development and progression of
and Preston Counties. and Preston Counties. United Way Monongalia and Preston Counties Fund Supports the United Way of Monongalia Supports leadership development opportunities for United Way of Harrison County volunteers. Way of Harrison County. Way of Harrison County. United Way of Harrison County Volunteer Fund United Way of Harrison County Operating Endowment Supports operations of the United Cancer Fund Supports programs and services addressing the needs of cancer survivors in Harrison County. Supports the United Way of Harrison County’s Annual Campaign. United Way of Harrison County in danger of physical violence. United Way of Harrison County Campaign Fund Rape and Domestic Violence Fund Provides grants to organizations offering services and education to women who have experienced or are Supports camp for children whoSupports camp for children have had a heart transplant or cardiomyopathy. Benefits and supports the activities ofBenefits and supports Hospital, Inc. the Monongalia General Fund Mountain Heart Foundation Monongalia General HospitalMonongalia General Foundation Fund YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 14 2016 ANNUAL REPORT 17
Michael “Mike”
Family Fund Unrestricted Fund William “Will” Charleton Bridges Fund for a Fairmont Provides a scholarship who plans Senior High School graduate University. to attend Fairmont State UNRESTRICTED Heiskell Andrew and Cynthia Fund Maxwell Community Norman and Linda Suttle Fund Ralph W. Ryan Fund Your Community Foundation (YCF) in January 2017. Mike’s guidance was guidance Mike’s 2017. in January We were very saddened by the unexpected death of our friend and board member DeProspero invaluable and his wisdom was impressive.
In Memoriam
Soundra K. Poling-Brookhaven Elementary Scholarship to high school Provides a scholarship higher education graduates pursuing the fifth grade who have completed School in at Brookhaven Elementary Morgantown, WV. Rusty Mazzie Memorial Memorial Mazzie Rusty Fund Scholarship scholarship for higher Provides a purposes for a Notre education School student in Dame High Harrison County. Memorial Fund Seth Burton Scholarship for students Provides scholarships Leadership participating in the Youth County Program of the Marion Chamber of Commerce. became a member of Your Community Foundation, Inc., serving as Treasurer Treasurer as serving Foundation, Inc., Community became a member of Your and Chair of the Investment Committee. on serving County, Monongalia work in volunteer his in magnanimous was Mike A golfer, System. Health Mon the Board of the of including Chairman boards, many Country Board. SteppingStones Pines of the member he worked diligently as counted him as a very special friend, as did the Westover Rotary Club. Mike is and will be missed. Mike served on the Greater Morgantown Community Trust Board as it merged merged it as Board Trust Community Morgantown Greater the on served Mike Central West Virginia in 2011. He then with the Community Foundation of North
Roy and Frances Valentine Family Scholarship Fund Provides a scholarship to children or grandchildren of a member of the International Union of Operating Engineers (I.U.O.E.), Local 132 attending an accredited, licensed or certified post-secondary institution. Provides a scholarship for a Monongalia or Harrison County student. Also supports Young Life and US Veterans. education, technical or trade school. Mountain Loggers Cooperative Association Scholarship Fund Provides a scholarship for a post- secondary education including vocational-technical education. PFC Andrew Martin “Bo” Harper Memorial Fund license. Persons eligible for the award eligible for the license. Persons with Sundale. must be affiliated Wolfe Matthew D. “Biggie” Culinary Arts and Hospitality Fund Memorial Scholarship to aProvides an annual scholarship pursuingMonongalia County student in Culinary Artspost-secondary studies Hospitality Industry. and/or the Food and Micah Wilson Memorial Scholarship Fund to a UniversityProvides a scholarship be used for higherHigh School student to Margret L. Spencer Health Career Health L. Spencer Margret Fund Program Scholarship Education toward the Provides scholarship in tuition for a participant first-year career education program any health or a degree, certification leading to
enrolled in a West Virginia college or university. Lillian A. Devison Educational Trust Fund A scholarship for a graduate student or university, who have completed at least one semester and are in good academic standing. Lee H. and Doris Meltzer Fund Scholarship for WV students attending an accredited WV college High School graduates living in Preston County to pursue a degree in STEM fields. Kingwood High School (KHS) Class of ’59 Scholarship Provides a scholarship to Preston Scholarship Fund Scholarship funds to be used for higher education for a Rowlesburg area resident. pursue a four-year degree in music, instrumental or choral/vocal education. Joycelyn A. Ayersman Memorial Music Educators Provides a scholarship to a Preston High School student intending to pursue cross country or track and field pursue cross country in college. John T. & Joann C. Wills Jim Dunn Memorial Jim Dunn Memorial Scholarship Fund to outstanding Provides scholarships planning to West Virginia athletes YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 16 2016 ANNUAL REPORT 19 Co-PA and Alumni Association Preston INDIVIDUALS Laurence G. Allen Billy and Carolyn Atkins Jessica Ayersman Jerold and Luann Baker Greg and Debbie Barretto Robert and Renee Bozic John and Marsha Brand Carol Brautigam Kathy Brooks Marilyn Hedges Bryne Mark and Lisa Buckner John Campbell Margery Carson Bill Childers Daniel Cicero Jean Clark Billy and Norma Coffindaffer Susan Crist Edward and Melissa Cyphert Andy Dalton Cindy Dalton Mary Davis Susan Day-Perroots Russell Dean Patrick and Alison Deem The Wine Bar at Vintner Valley LLC Vintner Bar at The Wine FSB Company, Trust TIAA-CREF LLC Residential Timberline Restaurants LLC Top Shelf LLC TorcSill Foundations, Products LLC Tri-State Forest Metal and Sheet Tri State Roofing Inc Triple H Enterprises Twin Taverns Inc. Foundation University High School and United Way of Monongalia University Motors LLC USI Insurance Services, Walmart Foundation Waste Management Leasing, Inc Weavertown Transport West Park Apartments College West Virginia Junior West Virginia University Hospitals, Inc. WET LABS, INC Weyerhaeuser NR Wilson Forest Productions, Inc. Wolfe & Parker Logging WV Region VI Workforce WVU Foundation, Inc. WVU Research Corporation County Center Inc Center Commerce Comissioners Recreation SSBW LLC St. Mary’s Roman Catholic Church Steptoe & Johnson PLLC Student Nurses Association Suncrest Rentals Taylor Law Office The Board of Education of Monongalia The Disability Action Center, Inc. The Grant County Bank The Thrasher Group, Inc. The West Virginia Land Trust, Inc National Instruments Newlons NEWPAGE Corporation Northwest Hardwoods PDC Energy Agency Penn Summit Insurance Pennline Peoples Natural Gas Co LLC Phillip Tucker Memorial Fund Pinnacle Club LLC Pitt Industrial Diamond Products, Inc. POLY-COR ENTERPRISES PPG Industries Price Gregory International, Inc. Protex LLC Quality Intergrated Services, Inc. Research and Engineering Services Ricottilli Lumber Co. Robinette Legal Group, PLLC Robinson Logging Company LLC Rotary Club of Westover Ryan Environmental LLC S.C. & L LLC Sensit Technologies LLC Sextant Technical Services LLC Shaw Pipeline Services Sigma Theta Tau Alpha Rio Chapter Somerset Trust Company Specialty Conduit & Manufacturing LLC Sponaugle Trucking LLC Mon County Habitat for Humanity for County Habitat Mon Advocacy Child County Monongalia Area Chamber of Morgantown Board of Parks and Morgantown Farmers Association Morgantown Contractors, Inc. Mountaineer MRC MRI Properties LLC MVB Bank, Inc. My Bank! First United Inc. Mylan Pharmaceuticals, Barbara Alexander LLC Mernet Larson MFG Michael Baker International, Inc Mike Ross, Inc. JAN XRAY Services Keglers Lounge Koval Building Supply Co. KTA-TATOR, Inc. Lady Luck Casino Lynch Foundation, Inc. Lytle Construction Corporation March Westin Company Masontown Trophy & Embroidery Maxim Crane Works McCulla Funeral Home McGuire Woods MEC Construction Med Express Urgent Care PLLC Members of Diversity Inc Merit Development Inc Glenmark Holding Limited Liability Co. Greer Industries, Inc. Heritage Hardwoods Hilldale Farms of PA, Inc. Hits Holding LLC Holloman Howard Hanna Premier Properties, by Hunt, Guillot & Associates LLC Huntington National Bank I3 Engineering and Consulting LLC Idlewood Enterprises LLC IOGA of WV J & B Logging INC J.C. Lumber FIRST First Century Bank Trust First United Bank and Food for Preston Inc. Ford Business Machines, Fraser Hart Gai Consultants, Inc. LLC Gerrick Electric Company, Wigal, LCC Gianola, Barnum &
Foundation Management Empty Bowls Monongalia Energy Transportation EQT Foundation Doyle Land Services Inc EDG Logging LLC EDMOT, LLC City of Morgantown Commerical Land Development Cranberry Medical Clinic Dominion Foundation Claude Worthing Benedum Cheat Lake Rotary Children’s Miracle Network Bruce Allen, Inc. Cardello Electric Supply Cardinal Pediatrics, PLLC CBT Enterprises LLC Blue Racer Midstream, LLC Bright Installations LLC Brown–Forman Cooperage Biafora’s Inc. BJ Inspections Black Diamond Realty, LLC Blaine Turner Advertising Beckham Trucking LLC Bernard McDonough Foundation BF Uglys BFS Foods, Inc. Bartlett House, Inc. Basic Systems, Inc. BB&T Bear Contracting LLC Antero Resources Corporation Products, Inc. Applachian Timber Arts Monongahela Aurora Flight Sciences Corporation Alta Energy LLC LLC Anderson Excavating COMPANIES 84 Lumber Company ABB Construction LLC Accelerated Construction and spelling is correct, but mistakes do happen. Should you find an error us at 304-296-3433 or [email protected]. please call or email corporations for their contributions in 2016. While every gift is important, is gift in 2016. While every for their contributions corporations 2016 during the of $500 or more gifts of recognition special give we calendar year. Every effort has been made to ensure all names are listed List of Donors of List and individuals all to appreciation extends Directors of Board YCF’s YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 18 2016 ANNUAL REPORT 21
Scholarship Fund Needs Fund Mountain Loggers Cooperative Association Scholarship Fund Mountain Loggers Cooperative Association PFC Andrew Martin “Bo” Harper Memorial Fund Roy and Frances Valentine Family Scholarship Fund Rusty Mazzie Memorial Scholarship Fund Scott Argabrite Foundation Fund Seth Burton Memorial Fund Scholarship Soundra Poling-Brookhaven Elementary Scholarship William “Will” Charleton Bridges Fund Brandi Kay Bowen Scholarship Fund Brandi Kay Bowen Scholarship Memorial Scholarship Fund Catherine Flynn Morrison Koen Scholarship Endowment Charlotte and Mary Gail Scholarship Fund Don & Shirley Seamon Scholarship Fund Dr. Leo Kotchek Memorial Erin Marie Keener Nursing Scholarship Fund and Everett Reece Baker MemorialErnest Daniel Conaway, Raymond Guy Baker, HopeWorks Scholarship J. Cecil Jarvis Memorial Scholarship Fund Fund Jacob David Bower “Bower Power” Memorial Fund Jean and Laurence S. DeLynn Scholarship Jim Dunn Memorial Scholarship Fund John T. and Joann C. Wills Music Educators Fund Joycelyn A. Ayersman Memorial Scholarship Scholarship Kingwood High School (KHS) Class of ’59 Lee H. and Doris Meltzer Fund Lillian A. Devison Educational Trust Fund Hospitality Memorial Scholarship Fund Matthew D. “Biggie” Wolfe Culinary Arts and Miss West Virginia Scholarship Fund Children’s and Family’s Critical Mountain Loggers Cooperative Association Scholarships Scholarships Awarded following funds: $333,726 in scholarships from the In 2016, YCF awarded Memorial Scholarship Fund Adler and Helen Spotte Scholarship Fund Angela Shahan Memorial Scholarship Fund Bill Mazeroski Baseball Todd and Rachel Wood Woodrow W. Woods Trust Rita Tanner Marc D. Tanner and Rebecca Rogers Chris and Melissa Taylor Michael and Lyvon Thompson David and Helen Tucker Chris and Gena Vasilakis Matthew Volk Laura Walker Cecil and Mary Watson Royal and Janice Watts Donna and Charles Werntz III Justin and Diana White David Wilbur Judith Wilkinson Steven R. Williams John Witt Anne Selinger Robert and Deane Shaffer Philip Shuman Ruth Siegel Brian Snider Patricia Sobecki Sandra Spina Wesley and Cindy Staud Robyn Steele Ronald and Stephanie Stovash Leah Summers John Talbott Annette H. Tanner Cynthia Tanner Darren Tanner Todd and Tricia Petty Todd and Joyce Potesta Elizabeth Graff Prendergast Shelia Price Albert and Cheryl Pritchard Kelly L Pryor Betty J. Puskar David Raese John Reeves Raese Donald Raikes Steven and Diane Raque Donna Regules Larry and Teresa Rhodes Virginia Royce Earl and Joy Scime James R O’Connell James Pahl & Ann Timothy Mark Pallotta Ruth Panepinto Bethany Pellegrino Ronald and Roger Pergola
Kelly Nelson Jo Lynne Nugent Sarah Minear Morgan Mosser Barbara Myers Stephen and Donna Maxwell William Mazeroski Barbara Alexander McKinney Michael and Tammy Miller Deborah F Marano Gary and Lynda Marlin Jane Martin Rebecca Mattern George Lilley and Mavis Grant-Lilley David Lorenze Ranjit Majumder William and Sharon Maloney Royce Heiskell Keller Michael and Samantha Koreski Stephen and Lynn LaCagnin Linda Jacknowitz James and Nancy Jones William Kawecki Debra Keener Linda Herbst Michael and Elizabeth Hess Diana Hill Jerrey Hoyt Krista Harman Steven Harper Mildred Harriman Tina Hartzell Susan Graves Robert Greer Steve Gundy Jack and Jean Hammersmith Stephen Gnegy Gorski J Christopher and Katleen Sandra Graff James and Helene Friedberg Diana Frum, DDS Beth and Roger Fuller James Galford Barbara Evans Fleischauer G. Corey Farris Sean Flanagan David Foreman Darryl and Shelly Duncan Darryl and Darlene Dunn Joyce Edgar Elliott Nancy Helmick Jean DeLynn Jean Marie DeProspero Michael and Mary Devono Frank and Peter Dellovcade Peter YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 20 2016 ANNUAL REPORT 23
Morgantown Community Kitchen RDVIC Ridgedale Backpack Program Rock Forge Presbyterian Church The Salvation Army Sarah’s Table Scott’s Run Settlement House The Shack Neighborhood House St. Ursula Food Pantry and Outreach Wadestown Food Pantry Woodland Backpack Program Hospice Suites at Sundale Capital Campaign Fund $845.49 Leslie C. and Mildred M. Brooks for Union Mission of Fairmont Fund $27,000 Monongalia County Child Advocacy Center Endowment Fund $2,500 HEALTH & HUMAN SERVICES & HUMAN HEALTH $3,550 Fund Nutrition Bi-County and Carolyn Peluso Billy Atkins for Children $5,000 Atkins Fund County Child Monongalia Center Advocacy Elizabeth Lake Shuman for Camp Endowment Fund Mountaineer $2,000 Fund Empty Bowls Monongalia $116,000 Arnettsville Food Pantry Program Avery UMC Snack Pack Bartlett House, Inc. Church Canyon Presbyterian Caritas House, Inc. Catholic Charities of WV Christian Help, Inc. Clay Battelle Family Services Covenant CME First Presbyterian Church Morgantown Area Meals on Wheels
Enrichment Fund $18,919.82 Brookhaven Elementary School Eastwood Elementary Mason Dixon Elementary Monongalia County Schools Mountainview Elementary Ridgedale Elementary UHS After Prom Fund $238.54 University Student Nurses Association $6,283 Mountaineer Area Young Life Mountaineer Area Young Center, Inc. The Disability Action of NCWV Women’s Giving Circle EDUCATION Scholarship Brandi Kay Bowen Fund $500 Doddridge High School Mon County Schools Special Programs Fund $4,338.20 Brookhaven Elementary School Clay Battelle Middle High School Eastwood Elementary Mon County Schools – Huntington Bank MTEC ProStart Mylan Park Elementary Ridgedale Elementary Suncrest Elementary School Trinity Christian School University High School Mountaineer Area Robotics Fund $5,000 FIRST Stephen D. Tanner Children’s Woodlawn Historical Preservation Preservation Historical Woodlawn $1,000 Club of Fairmont Women’s Fund $71,502.43 YCF Opportunity Arts Monongahela Bartlett House Monongalia Empty Bowls Food for Preston Right, Inc. Milan Puskar Health for Humanity Mon County Habitat Mon River Trails Conservancy Child Monongalia County Advocacy Center
Capital Improvement Fund $1,163.66 Taylor County Charitable Interest Fund $1,000 Fetterman United Methodist Church AJE Backpack Program First Baptist Church Food Pantry Tugboat Depot Endowment Fund $163.85 Morgantown North Rotary Club Wades World of Wonder Playground Fund $9,497.41 Tucker Community Foundation West Virginia Botanic Garden Maxwell Community Fund $5,480 First Presbyterian Church of Clarksburg United Way of Harrison County Morgantown Area Chamber of Commerce Community Development Fund $5,000 Morgantown Area Chamber of Commerce Community Development Fund $75,000 NCWV Community Development $673.64 Creative Writing Awards Creative Writing DCHS Athletics Morgan Awards Library Morgantown Public Library Shepherdstown Public COMMUNITY DEVELOPMENT Morgan Statue Colonel Zackquill Fund $5,011.22 Fund Donn Knotts Legacy $35,333.34 Vandalia Bronze LLC
Shelley A. Marshall Foundation $4,250 Morgantown Panto Club Pass Through Fund $471.30 WVPT – West Virginia Public Theatre Harrison County Young Musicians $945.75 Bandland, LLC Gabe Friedberg Small Arts Fund $500 Poetry Awards Douglas H. Tanner Memorial Fund for the Arts $8,500 DeLynn Arts for Children Fund $4,773.83 BOPARC Clarksburg-Harrison Cultural Foundation Endowment Fund $5,570 Morgantown Dance Morgantown Museum Morgantown Theatre Company Morgantown $42,500 Arts Monongahela M.T. Pockets Theatre Monongalia Arts Center ARTS & CULTURAL The Arts Fund via the City of P.U.R.R. WV Crew Fund Woofs Canine Rescue $870.12 Tractor Supply Co to Animals Prevention of Cruelty $10,000 Field of Interest Fund Morgantown Police Dog Fund Morgantown Police $12,362.52 Inc Shallow Creek Kennels, In 2016 YCF Awarded $735,045 in Grants from the Following Funds: the Following in Grants from Awarded $735,045 In 2016 YCF WELFARE ANIMAL Grants Awarded Grants YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 22 2016 ANNUAL REPORT 25
Your Community Foundation ofYour Community Your Community Foundation of North Central West Virginia,Your Community Foundation of North Central (a not-for-profit organization), which comprise the statements the comprise which organization), not-for-profit (a Your Community Foundation of North Central West Virginia, Inc. North Central West Foundation of Your Community as of December 31, 2016 and 2015, and the changes in its net assets and its cash flows In my opinion, the financial statements of position financial the respects, referred to above present fairly,Inc. in all material thefor the years then ended in accordance with accounting principles generally accepted in United States of America. H.A. Ruckle, CPA July 29, 2017 Management is responsible for the preparation and fair presentation of these financial accepted in the United with accounting principles generally statements in accordance internalof maintenance and implementation, design, the includes this America; of States are that statements financial of presentation fair and preparation the to relevant control whether due to fraud or error. free from material misstatement, AUDITOR’S RESPONSIBILITY My responsibility is to express an opinion on these financial statementsbased on my with auditing standards generally acceptedaudits. I conducted my audits in accordance in the United States of America. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. to obtain audit evidence about the amountsAn audit involves performing procedures and disclosures in the financial statements. The procedures selected depend on the of the risks of material misstatement of theauditor’s judgment, including the assessment financial statements, whether due to fraud or error. In making those risk assessments, to the entity’s preparation and fairthe auditor considers internal control relevant presentation of the financialstatements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, I express no such opinion. andused policies accounting of appropriateness the evaluating includes also audit An the reasonableness of significant accounting estimates made by management, as well financial statements. as evaluating the overall presentation of the provide to appropriate and sufficient is obtained have I evidence audit the that believe I a basis for my audit opinion. OPINION North Central West Virginia, Inc. Virginia, West Central North of financial position as of December 31, 2016 and activities, 2015,functional and expenses, the and related statementscash flows of for the years then ended, and thestatements. notes to the financial related FOR THE FINANCIAL STATEMENTS MANAGEMENT’S RESPONSIBILITY Auditor’s Report Auditor’s of To the Board WV 26505 Morgantown, I have audited the accompanying financial statements of
for grants is August 31st. Applications are available online at www.ycfwv.org. To Apply for a Grant or Scholarship: Applications are reviewed on an annual basis. Deadline for scholarships is March 31st and deadline Coordinating Council on Homelessness Milan Puskar Health Right, Inc. Susan Dew Hoff Memorial Clinic, Inc. United Way of Harrison County, Inc. Louis and Mabel Tanner Community Fund $1,497 Monongalia County Child Advocacy Center Mavis Grant and George W. Lilley Jr. Community Enhancement Fund $40,000 Libera, Inc. Monongalia County Child Advocacy Center Get Fit WV $16,656.02 Get Fit WV Welcome Home Operation $11,166.60 MHS Athletic Boosters MHS Baseball Team MHS Swim Team UNRESTRICTED Schmidt Francis and Coletta Family Fund $1,269 Virginia Catholic Charities West Suttle Fund Norman and Linda $1,500 Susan Dew Hoff Memorial Clinic, Inc. Memorial Dew Hoff Susan of Fairmont Mission Union Inc. Rescue Ministries, West Virginia – Petroleum WVU Foundation Medicine and School of Engineering
Special Olympics West Virginia Morgantown High School Band Northern Appalachian Teen Challenge Inc. Health Access Hope Federal Credit Union Kelly Miller Foundation Medbrook Children’s Charity, Inc. Fairmont State Foundation, Inc. Glenville State College Harrison County Casa Program, Inc. Invitational Fund $91,600 Challenged Athletes of WV Clarksburg Mission, Inc. SPORTS & RECREATION Dominion Charitable Golf WV Patient Navigation Network $2,607.73 WV Cancer Clinical Trials Network PACE Enterprises for Pantry Plus More The Shack Neighborhood House Women Engineers West Virginia Libera, Inc. Monongalia County Child Advocacy Center Women’s Giving Circle of North Women’s Giving Circle Central West Virginia Fund $14,500 Girls on the Run of North Central United Way of Harrison County United Way of Harrison Campaign Fund $3,000 United Way of Harrison County United Way of Harrison Cancer Fund $7,350 Mountain Loggers Cooperative Mountain Loggers for Kids Association Log-a-Load Fund $50,600 WVU Children’s Hospital Highland Elementary School Highland Elementary Methodist Women St. Paul’s United Association Children & Family & Children Association Fund $5,000 Critical Needs Cindy’s Fund Grants Emergency Mountain Loggers Cooperative Cooperative Loggers Mountain YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 24 2016 ANNUAL REPORT 27
-
503 774 999
2,470 5,500 4,667 2,102 2,096 2,081 2,059 8,316 6,469 Total 26854 28,224 28,224 20,000 Total 10,084 11,444 10,439 20,403 98,300 167,163 101,687 356,311 118,411 405,370 125,358 100,527 1,687,391 1,483,317 1,483,317 1,812,271 3,295,588 3,295,588 1,785,417 $2,521,676 $1,059,527 11,844,427 11,844,427 $1,812,271 $13,327,744
------
$- 84 84 82 19 84 403 458 333 418
6,469 3,987 $6,479 Fundraising 164,540 100,824 349,898 1,501,414 1,501,414 Restricted Restricted (1635,524) $2,521,676 $2,521,676
Temporarily Temporarily 11,080,402 - $12,581,816 - $- 736 729 180 999 744 742 774
- 3,570 4,051 2,470 5,500 4,667 2,944 3,695 34,778 20,403 26,854 91,557 863 $118,411 2,623 6,413 6,469 General and 28,224 20,000
Administrative 100,527 118,411 (18,097) 764,025
1635,524 - - 1,687,391 $765,928 1,812,271 1,794,174 - - - - - Unrestricted
6,935 6,326 1,274 1,261 1,248 5,039
6,111 1,270 59,535 7,833 4,575 517 12,925 125,358 304 405,370 Services
Program 1,687,391 $1,059,527 $1,687,391
Net assets released from Net assets released restrictions Program services Supporting activities: general Management and Fundraising activities expenses Contributions fee income Administrative Rental income Grants Interest and dividends - net Realized gain (loss) - net Unrealized gain (loss) Bank and merchant service fees Payroll taxes and related expense Contract services Taxes, licenses, and fees and amortization Dues and memberships Telephone and internet Postage and delivery Travel and meetings Interest expense Grants and scholarships distributions Investment fees Salaries and wages Maintenance and repairs Printing and marketing Utilities Accounting and auditing Insurance Total expenses before depreciation amortization and Depreciation support Total revenue and Expenses (see statement) Total program services and supporting Change in net assets Net assets - beginning of year Net assets - end of year Expenses Statement of Activities of Statement 2016 December 31, Year Ended and support Revenue Staff development and training Other beneficiary Office expense and support
2016 5,500 5,159 60,271 98,000 20,000 11,401 $3,659 25,688 745,928 972,079 817,608 $24,255 208,318 181,571 975,153 983,971 241,842 (263,872) 1,225,813 12,581,816 13,327,744 13,452,188 13,785,949 $14,553,557 $14,553,557
Temporarily restricted Note payable - net of current portion Loan payable Unrestricted Agency endowments Buildings and improvements Less: accumulated depreciation Net property and equipment Accrued expenses Note payable - current portion Land Cash and cash equivalents receivable Administrative fees Grants receivable Pledges receivable (net of $208,318 allowance) Student loans receivable Investments
Total liabilities and net assets Total net assets Net assets Total long-term liabilities Total liabilities Long-term liabilities Total current liabilities Current liabilities Total assets furniture and equipment Office Property and equipment Total current assets
Current assets Financial Position Financial 31, 2016 December Statement of of Statement YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 26 2016 ANNUAL REPORT 29
Investment Administrative Assistant Heather Lile Program Coordinator VOLUNTEERS Jean Clark Operations Coordinator PROFESSIONAL ADVISORS Investment Manager Thomas C. Farnsworth, Investment Officer Robin Schooley, Senior Trust Officer WesBanco Trust & Services, A Division of WesBanco, Inc. 301 Adams Street Fairmont, WV 26554 www.wesbanco.com Independent Auditor H.A. Ruckle, CPA 3803 Swallowtail Drive Morgantown, WV 26508 PRESTON COUNTY PRESTON Chair Decker, Stephen Emeritus President Bank, Inc. WesBanco James Maier Founder/Owner Restaurant Monroe’s “J.D.” Mann Jonathan President and CEO LLC Warrior Oil and Gas, TAYLOR COUNTY III Oral “Bud” Henderson President and CEO City Construction Company EMERITUS Billy Coffindaffer Retired STAFF Patty Showers Ryan President Judy Garvey
Sarah Minear, Vice Chair Retired Founding President of the Tucker Community Foundation and WV Grantmakers Association, Inc. Former State Senator Virginia Royce Owner BlaineTurner Advertising, Inc. Harrison County Schools M.L. Quinn Consultant Grantstars.com MARION COUNTY Nick Fantasia WRLF Gerry Schmidt, MA, LPC, MAC Chief Operations Officer Valley HealthCare System MONONGALIA COUNTY Billy Atkins Partner Bowles, Rice, McDavid, Graff & Love Michael DeProspero, CFA, Treasurer Owner Mountain State Analytics, LLC Advisory Firm Investment Independent Dr. Ranjit Majumder Retired Professor West Virginia University Barbara Alexander McKinney Owner Howard Hanna BOARD OF DIRECTORS OF BOARD COUNTY HARRISON Past Greer, Immediate Robert L. Chair Attorney Offices, PLLC Greer Law Secretary James Griffin, Retired UCAR Carbon Co. Marcel Malfregeot Retired
345 2016 1,872 4,532 (5,500) 65,884 55,230 $2,059 26,854 (10,479) (51,352) (20,000) 176,218 $24,255 996,790 (30,975) (10,000) (457,998) (208,318) 2,641,925 (3,663,743) $1,483,317 $1,483,317 (1,032,297)
Student loans receivable Student loans receivable Accrued expenses Agency endowments assets to net cash from operating activities: assets to net cash from on investments receivable Administrative fees Grants receivable Pledges receivable
Purchases of investments Cash paid for interest Principal repayments on note payable Proceeds from note payable payable, net Principal (repayments) increases on loan Proceeds from sale of investments Purchases of property and equipment Change in net assets Change in change in net Adjustments to reconcile Depreciation (gains) losses Net realized and unrealized Change in:
Supplemental disclosure of cash flow information Cash and cash equivalents - end of year Net change in cash of year Cash and cash equivalents - beginning activities Net cash provided by (used in) financing Cash flows from financing activities Net cash provided by (used in) investing activities Net cash provided by (used in) investing
Net cash from operating activities Cash flows from investing activities
activities from operating Cash flows Statement of Cash Flows Cash of Statement 31, 2016 December YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC. YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, 28 YOUR COMMUNITY FOUNDATION, INC.
[email protected] 304-296-3433 PO Box 409, Morgantown, WV 26507 111 High Street, Morgantown, WV 26505 www.ycfwv.org
Your Community Foundation of North Central West Virginia, Inc. @YCF_NCWV
Editors: Jean Clark, Patty Showers Ryan Writer: Heather Lile Special Thanks to: BlaineTurner Advertising, Inc. for Design
YOUR COMMUNITY FOUNDATION OF NORTH CENTRAL WEST VIRGINIA, INC.