annual report - Bird City, KS

Comments

Transcription

annual report - Bird City, KS
Statement of Financial Position
Year Ended December 31, 2011*
Assets
Current Assets
$ 10,542,657.11
TOTAL ASSETS
$ 10,542,657.11
Liabilities & Net Assets
Accounts Payable
$
5,001.99
Grants Payable
$
135,000.00
Scholarships Payable
$
15,550.00
TOTAL LIABILITIES
$
155,551.99
Fund Balance
$ 10,387,105.12
TOTAL FUND BALANCE
$ 10,387,105.12
TOTAL LIABILITIES & FUND BALANCE
$ 10,542,657.11
Bird City Century II
Development Foundation
An affiliate of Greater Northwest Kansas Community Foundation
*This is an un-audited Statement of Financial Position.
2012 Board of Directors & Staff
Rodney Young, President
John Deeds, Vice-President
David Hendricks, Treasurer
Gary Brubaker, Secretary
Dan Busse
Sherry Carmichael
Rod Klepper
C. Ned Smith
Roseanna Underwood
Catherine A. Domsch, Executive Director
Shandi Roesener, Program Officer
Darci Schields, Administrative Assistant
Bird City Century II Development Foundation
107 West Bressler
PO Box 593
Bird City, KS 67731
Tel: 785-734-2556
Fax: 785-734-2536
E-mail: [email protected]
www.birdcity.com
Robertson-Griffin-Bacon Memorial Building
formerly Security State Bank
2011
ANNUAL REPORT
Table of Contents
Table of Contents…………………………………………………Page 1
About the Foundation…………………………………………….Page 1
Funds of the Foundation….………………………………………Page 2
About Edgar and Mabel Robertson...……………………………..Page 3
Kori’s Story………...……………………………………………..Page 3
2011 Edgar and Mabel Robertson Scholarship Recipients…...…..Page 4
2011 Grants…………………….…………………………………Page 5
Robertson-Griffin-Bacon Memorial Building..…………………..Page 6
Personalizing Your Philanthropy………………………………...Page 6
Statement of Financials……………………………………...…...Page 7
Robertson-Griffin-Bacon Memorial Building
In March 2011, the Bird City Century II Development Foundation purchased the
former Security State Bank building with financial assistance from the Bacon Family
Foundation. The building was named Robertson-Griffin-Bacon Memorial Building, in
memory of Edgar Robertson and Rosemary Griffin who left large bequests to the
Foundation in the early 2000’s, and the Bacon family, who at one time owned the
building, and continue to financially assist the community of Bird City with very
generous gifts for community projects.
Interior renovations of the building’s main floor and exterior renovations will start in
2012. The renovated building will serve as a business incubator for small start-up or
expanding businesses. The purpose is to help these emerging businesses survive and
grow during the start-up period when they are most vulnerable, and offer entrepreneurial
support through the various resources available locally and state-wide.
The Bird City Century II Development Foundation has been working on a business
incubator program for many years now, networking with outside organizations to bring
support resources and services to our local businesses, creating revolving loan funds, and
providing office space and funding for the Kansas Small Business Development Center
(KSBDC) Bird City Outreach Office, which is located in the Robertson-Griffin-Bacon
Memorial Building so that businesses have direct access to assistance and programs.
Board of Directors…………………………………….………….Page 7
Personalizing Your Philanthropy
About the Foundation
Community foundations provide a simple, powerful and highly personal approach to
giving. We offer a variety of giving tools to help people achieve their charitable goals.
The Bird City Century II Development Foundation, Inc. was founded on December 17,
1985 with remaining funds from the Bird City centennial celebration earlier that year.
Original founders of the Foundation include Edgar Robertson, Robert Brubaker, Floyd
Jensen, Robert L. Jones, and Floyd Wright. The Foundation was organized for the
betterment and benefit of the Bird City community, and continues to function as such.
The Bird City Century II Development Foundation is an affiliate of the Greater
Northwest Kansas Community Foundation, an organization exempt from Federal
income tax under section 501(c)(3) of the Internal Revenue Code, a public charity
under section 509(a)(3), a supporting organization, and a non-profit corporation
organized in the State of Kansas. With this designation, the Foundation is a
supporting organization of the Greater Kansas City Community Foundation. The
board of directors took these steps to ensure the future of the Foundation as a
community foundation. With this relationship, Greater Kansas City Community
Foundation assists the Foundation with back office and legal support.
The Foundation is a community foundation which represents an opportunity for all
friends of the Bird City community to give, through philanthropy, back to the Bird
City community to enhance and ensure the quality of life for present and future
generations of Bird City.
1
You can make a gift of cash, stocks, bonds, real estate or other assets to your community
foundation. Most charitable gifts qualify for maximum tax advantage under federal law.
For more information and ideas on ways to integrate your financial planning with
charitable giving, ask your financial advisor or contact your community foundation.
Ten reasons people choose to give through community foundations:
One - We are a local organization with deep roots in the community.
Two - Our professional program staff has broad expertise regarding community issues
and needs.
Three - We provide highly personalized service tailored to each individual’s charitable
and financial interests.
Four - Our funds help people invest in the causes they care about most.
Five - We accept a wide variety of assets, and can facilitate even the most complex forms
of giving.
Six - We partner with professional advisors to create highly effective approaches to charitable giving.
Seven - We offer maximum tax advantage for most gifts under federal law.
Eight - We multiply the impact of gift dollars by pooling them with other gifts and grants.
Nine - We build endowment funds that benefit the community forever and help create
personal legacies.
Ten - We are a community leader, convening agencies and coordinating resources to create positive change.
6
Current Funds of the Foundation
2011 Grants
Bird City Century II Community Initiative Fund
Bird City Boy Scouts
$1,400 - Camp supplies and Troop activities
DESIGNATED FUNDS
You can direct your gift to a specific nonprofit organization or purpose.
Organizations may establish a fund through the Foundation; anyone can
contribute to these designated funds to help build an organization’s endowment
or to support special projects.
Bird City Historical Association, Inc
$6,000 - To research and preserve area history

Bird City Public Library
$1,100 - Additional shelving

Cheylin Recreation Commission
$885 - Bird City Golf Club - Maintenance





Cheylin USD 103
$20,000 - Cheylin Wellness Center
$6,000 - Cheylin Preschool Program

Bird City Century II Administrative Fund
Bird City Century II Business Incubator Program Fund
Bird City Century II Community Initiative Fund
Bird City E-Community Fund
Bird City 150th Celebration Fund
Cheylin Schools Foundation Operating Fund
Cheylin Schools Foundation Endowment Fund
Cheylin Schools Foundation Golf Program Fund
SCHOLARSHIP FUNDS
Immanuel United Methodist Church
$3,000 - Bird City Food Bank assistance
Kansas Small Business Development Center
$30,000 - Bird City Outreach Office Assistance
Scholarships may be established by individuals or groups, giving a gift of
education, providing a tangible commitment to the future and a vision of hope
for the next generation.

Bird City Century II Scholarship Fund
Edgar & Mabel Robertson Scholarship
Bird City Business Development Scholarship
Santa Day
$250 - Annual Santa Day Celebration
Immanuel United Methodist Church
$1,000 - Promote spiritual growth and community development
Living Water Fellowship
$1,000 - Promote spiritual growth and community development
St. John Lutheran Church
$1,000 - Promote spiritual growth and community development
St. Joseph Catholic Church
$1,000 - Promote spiritual growth and community development
Wesleyan Community Church
$1,000 - Promote spiritual growth and community development
For additional information, including a grant application,
go to www.birdcity.com, ‘Community Foundation’
5
DONOR ADVISED FUNDS
These funds are easy for individuals, families and corporations to utilize as they
are simple to set up and offer tax benefits. Donors may suggest grants to their
favorite charitable organization, and address the issues and needs they care most
about.

Robert Brubaker Family Fund
FIELD OF INTEREST FUNDS
You can direct your gift to help a specific area (education, arts, aging, historic
preservation). By designating the general field of interest or geographic area
(not a specific organization), grants can be awarded to community organizations
and programs that are making a difference in the area you select.


Bird City Rural High School/Bird City Historic Preservation Fund
Bird City Rural High School/Bird City Historic Endowment Fund
2
About Edgar and Mabel Robertson
Edgar Robertson began working at the Security State Bank on the bank’s opening day
on November 1, 1929, for E.L. Bacon, the bank president and cousin. Through his
many years of banking he saw many changes in the industry, especially through
technology, laws and regulations. Edgar married Mabel Wright in June 1934. Mabel
Robertson died in December 1980, and Edgar Robertson died in July 2001, leaving a
large bequest to the Bird City Century II Development Foundation for the betterment
of the Bird City community. The Foundation board of directors established the Robertson Scholarship for graduating Cheylin students, to honor Edgar and Mabel Robertson.
Kori’s Story
Kori Underwood - 2006 Cheylin Graduate
After graduating from Cheylin in 2006, I entered the University of
Nebraska- Lincoln. My career goal was to become a dentist. Since
dentistry not only involves a knowledge of science, but also requires
the ability to communicate and relate to people, I graduated from UNL
with a Bachelor of Arts in Psychology and a minor in chemistry.
I was accepted to the University of Nebraska Medical Center College
of Dentistry in August of 2010. Currently, I am in my second year of
dental school and will graduate in May of 2014 with a Doctorate of
Dental Surgery.
I was very appreciative of the $3,600 scholarship from the Robertson Scholarship that
was distributed over my four years of undergraduate studies. For me, the scholarship
was more than the monetary contribution to my education, it was a proud accomplishment in the small community I called home. Mr. Robertson, as well as the Century II
Foundation, has shown a tremendous amount of generosity, support, and enthusiasm
for Cheylin seniors wanting to continue their education. This form of kindness not
only makes me appreciate where I came from, but it also encourages my own interest
in helping others. From instructing water safety lessons at the pool to being the
summer reading coordinator at the public library, I have had an early eagerness for
making an impact in children by encouraging the possibility for achievement with hard
work and dedication. Today, I continue my interest in children by devoting my time to
the Lincoln Big Brothers Big Sisters Foundation. As Outreach Coordinator of the
Nebraska American Student Dental Association, I am currently organizing a volunteer
event for faculty and students in the dental college. We will be partnering with the
Lincoln Kids Against Hunger (a nonprofit organization with the mission to significantly reduce the number of hungry children worldwide). By reaching our goal of raising
$2,000, we will be able to make more than 8,500 meals for hungry children locally and
extremely malnourished children globally.
I remember Edgar Robertson as the man at the Security State Bank who was always
glad to see you come in. He was always willing to contribute to the latest community
projects my friends and I were asking donations for. It was years later that I realized
his true commitment to the community of Bird City. I am very grateful for all the
scholarships I received at high school graduation. These generous gifts were very
helpful in the first years of my college education. But more importantly, they
reinforced my commitment to making a difference through acts of service.
3
The Edgar and Mabel Robertson Scholarship applications are made available to
USD 103 Cheylin High School graduating seniors. Awarded scholarships are paid out over
eight semesters and made payable to the college and scholarship recipient.
A total of $155,750 has been awarded since 2003.
4