2014 ANNUAL REPORT G E N E R PEOPLE O U S G E N E R A LEGACIES T E FOR G E N E R A T I O N S “ Life is…a sort of splendid torch which I’ve got a hold of for the moment and I want to make it burn as brightly as possible before handing it on to future generations.” - George Bernard Shaw The Community Foundation torch is fueled by the generous people among us. Here in the Wabash Valley, we are truly fortunate that there are so many generous individuals, organizations and businesses whose concern for the community generates the flame of giving. We are fortunate, too, that through the Community Foundation, that flame grows and intensifies, lighting the way to improve quality of life for today’s and future generations. MISSION The mission of the Wabash Valley Community Foundation is to engage people, build resources and strengthen community in the Wabash Valley. VISION The Wabash Valley Community Foundation will be the primary steward of endowed funds and a leader that encourages broad-based charitable activity in the Wabash Valley. O Wabash Valley Community Foundation ANNUAL REPORT 2014 4 5 Contents GENEROUS OMNQ=Donors PEOPLE 5 6 10 12 Ways to be OMNQ=Board GENEROUS of Directors The Legacy of Harlan Fund Community Foundations Benefits Hull Cemetery and Committees 14 15 16 17 GENERATE There are Many Ways to -FOR- Generate Legacies LEGACIES GENERATE $1 $1 WITH TRANSFER OF WEALTH Your Legacy Lilly Endowment’s GIFT Legacy 18 19 21 22 Fund Listing OMNQ=Financials Useful Will Planning Guide Available 24 26 28 30 FOR GRANTS FOR GRANTS FOR GRANTS FOR GENERATIONS Past Healthier Future Generations Generations Generations 32 33 34 35 OMNQ=Grants African Drumming Healthy Families Clay City Signage 36 37 38 40 OMNQ= OMNQ=Memorials Scholarships and Honorariums Stories Along the Wabash Wabash Valley Health Center P Generous People Generate Legacies For Generations Dear Friends, Of all the circumstances that came together – many has been alleviated. Arts and culture have reached young location, resources, commerce, transportation and old. Organizations have been given tools to help them serve our diverse populations. – to make Clay, Sullivan and Vigo counties what they are today, none could explain As our asset base grows, more resources are made available. At the end of our fiscal year, we were managing 498 individual the culture of our communities without endowments, an increase of 14.6% over 2013, and our asset one very human attribute: generosity. base had grown to $45.8 million, an increase of $4.3 million. Throughout our history, generous men and women, rich and poor, As our year came to an end, we received an unexpected have stepped up to solve problems, provide education, cultural challenge gift from Lilly Endowment Inc.: the sixth phase of its opportunities, help the needy and promote the common good. philanthropic initiative called Giving Indiana Funds for Tomorrow, or GIFT. GIFT VI provides $1 million in matching money for Vigo For example, Clay County owes much to Dr. Robert Maurer, County and $500,000 each for Clay and Sullivan counties. At the who helped to found the Clay Civic Memorial Foundation. program’s end in March 2016, we will have added as much as $4 In Sullivan County, a similar spirit of generosity led Culbert million to our permanent endowment, enabling us to significantly Sherman to start Mary Sherman Hospital and create the increase the amount of money available to support local needs. Sherman Scholarship Fund, which provides significant aid to county scholars. What would Vigo County have been without We are grateful to Lilly Endowment for this opportunity, but entrepreneur Chauncey Rose, who donated generously to now the responsibility shifts to you and me to generate the education and to care of the sick, widows and orphans? And matching funds. In the spirit of Dr. Maurer, Culbert Sherman yet, theirs is only part of the impact of charitable giving. and Chauncey Rose, please consider how you can help. It is your generosity that enables good to be done, for this and The Wabash Valley Community Foundation, which celebrated its future generations, improving lives and opportunity for all 23rd anniversary in 2014, is a relative newcomer in our charitable who live here, and making the Wabash Valley a better place. history. It is a vehicle for all of us to provide for scholarships and grants to people and organizations who call this special place “home.” Sincerely, This annual report chronicles some of the reasons that 2014 was a very good year for the Foundation. Words and figures can shed light on deeds, but it is difficult to grasp the enormous impact that thousands of generous contributions have made. High Fred Nation school graduates have seen college made possible. Hunger for President Q Wabash Valley Community Foundation ANNUAL REPORT 2014 G E N E R O PEOPLE U S The generous donors listed here have created For example, three generations of the Felstein family have been generous donors to the Foundation. Allen and Millie Felstein or added to legacies that are at work every day, transferred the assets of his parents’ private foundation to create improving quality of life in the Wabash Valley. the George I. and Rose E. Felstein Fund. Later, Allen and Millie transferred the assets of their own private foundation to create Since it began serving Clay, Sullivan and Vigo counties, the the Allen and Mildred D. Felstein Charitable Endowment Fund. Wabash Valley Community Foundation has engaged donors More recently, Allen and Millie’s grandchildren established and volunteers from a range of generations. Quite often, an the Felstein Grandchildren Fund in Memory of Allen and individual or family will establish a named fund to honor Millie Felstein. Other donor families with multi-generational parents or grandparents. involvement include the Drummys, the McKees and the Shagleys. R GENEROUS PEOPLE Generate Legacies For Generations Banker/lawyer Frederick H. Goff, Cleveland, Ohio Judge & Mrs. Dexter L. Bolin, Jr. OMNQ=Donors Judge & Mrs. David R. Bolk Ms. Leigh Ann Bonnet Mr. Calvin L. Boone Dalvin & Jean Boone Mrs. Karen R. Borders Jeff Boston Auction Service Ms. Marilyn M. Bott Brad & Susan Bough AALCO Distributing Baesler’s Market - Sullivan Company, Inc. Bagnoche Promotional Dr. & Mrs. David Bowden Ms. Kay Abbott Products Tim & Julie Bowers Mr. Eric M. Abel Jim & Vicki Bailey Dave & Debbie Bradbury Access Real Estate Company Mrs. Catherine A. Baker Richard & Leanne Braden Mr. Gary L. Acree Mary Add Baker Ms. Jacquelyn Bradfield Dr. Mary Ellen Adams Ms. Melony Sue Baker Mr. & Mrs. Jeffrey C. Bradford Ms. Meredith Addison Mr. & Mrs. George G. Bakker Mark & Katy Bradford Mr. John R. Adkins Mr. & Mrs. Travis Barker YEARS Nancy Bradford & Family Mr. & Mrs. John H. Ms. Shirley A. Barnett Ahlemeyer Ms. Kathy A. Baron Ms. Susan Bradford Mr. Jameel Ahmed Mr. & Mrs. Kevin L. Barr Dr. & Mrs. Daniel Bradley 100 Chris & Katie Aimone Mr. & Mrs. Fred Barth Mr. & Mrs. Arnold H. Brames Bob & Lorraine Albanesi Bartholomew County Brampton Brick, Inc Jack & Lana Alexander Beverage Mr. & Mrs. Edgar R. Branson Mr. & Mrs. Brian E. Allen Ms. Sue E. Bass-Harmon Mr. & Mrs. Larry Branum The Legacy Matthew & Dana Allen Mrs. Christina M. Bauer Mr. Kenneth Brauchle Nancy & John Allen Nancy J. Bauer Ms. Jane Brazzell of Community Alpha Omega Masters Mr. & Mrs. William Bauer Kathy & David Brentlinger Foundations Chapter of Beta Sigma Phi Mrs. Carol Valentine Baum Nancy L. Brentlinger AmazonSmile Foundation Roberta L. Beaumont Curt & Linda Brighton One hundred years ago, the community Ambucare Clinic Mr. Leroy A. Beck Mr. & Mrs. Joseph M. Brill foundation concept was born when American Legion Inc., Jacinda, Christie, Lisa Brown Jewelers Sullivan Post 139 Frederick H. Goff led the creation of a & Patty Bedwell Ms. Linda Brown American Legion Post “community trust” in Cleveland, Ohio, Mr. Gary M. Behan Mr. & Mrs. Phillip R. Brown No. 197 Inc. giving rise to a new philanthropy, a Bell Farms Steven & Staci Shike Brown American Mortgage Bemis Company new way of participating in community Service Company Brown, Woodsmall & Ms. Judith M. Bengochea Hinkel P.C. and a new vision for the future. American Structurepoint’s Community Service Dr. & Mrs. Lloyd W. Judge Barbara Brugnaux Committee Benjamin III & Mr. Carl Bender The trust would pool the charitable Ampacet Corporation Doris Bennett Mr. Gordon Bryan resources of Cleveland’s philanthropists & Mrs. Polly Gordon Ms. Judith A. Anderson Office of Mayor into a permanent endowment for the Duke Bennett Ms. Christine A. Buckley Wayne, Betty & Toni betterment of the city. The interest that Anderson Ms. Wendy D. Bennett Buddee Extreme, Inc. the trust’s resources would accumulate Mr. Daryl Andrews Sue Bentrup Bunch Nurseries would be distributed by community Anonymous Beta Sigma Phi City Council Mr. & Mrs. James L. Burdick leaders to fund “such charitable purposes Bruce & Margie Anshutz Mr. & Mrs. Lawrence Beymer Mrs. Betty Burkhart as will best make for the mental, moral, Lainey Anshutz Mr. & Mrs. Donald J. Bezy Bryan & Heidi Burkhart and physical improvement of the Mrs. Barbara Archer Mrs. Miriam E. Billman Mr. & Mrs. Jonathan L. inhabitants of Cleveland.” Within five Mr. Bradley T. Bilyeu Burlison Mr. Dan A. Armstrong years, community foundations were at Mr. & Mrs. Thomas Bilyeu Becky Buse Jerry P. Armstrong work in Chicago, Boston, Milwaukee, Bev Bitzegaio Gary & Becky Busiere Patricia M. Armstrong Minneapolis and Indianapolis. Mr. Nathan Busker Ms. Sara Arnett Ms. Martha Bitzegaio Ms. Beverly J. Black Mr. Sylvester F. Bussing Art Spaces, Inc. Today – four generations later – our Ms. Heather Khan Ms. Bridget K. Butwin Associated Roofing Wabash Valley Community Foundation Professionals, Inc. Blasingame Ms. Patricia Butwin represents the legacy of that original Mr.