2010 Annual Report - Community Foundation for Northeast Georgia

celebrating our
anniversary
annual report 2010
The Community Foundation for Northeast Georgia strengthens our community
by assisting donors with their charitable giving, attracting and managing
charitable funds, making effective grants and providing leadership to
address community needs.
Our Vision
The quality of list for others will be improved through philanthropy as donors choose the Community
Foundation for Northeast Georgia as their premier partner for community investing.
Our Values
Integrity
We practice ethical behavior, using best practices for the greatest accountability.
Quality
We maintain the highest level of donor stewardship & provide exceptional customer service.
Inclusiveness
We seek out new ideas, diverse leadership and community-wide engagement.
Flexibility
We adapt to the changing needs of the community with win-win solutions.
Effectiveness
We are results-oriented and committed to making a difference.
Celebrating
25 years of
Connecting
People who Care
with Causes
that Matter.
2
From 1985 to 1989
Assest for 1985-1989
for 1985-1989
The Community
Foundation’s initial vision came from the minds ofAssest
progressive
thinking Gwinnettians. These pioneers
in philanthropy for Gwinnett began with the realization that the county needed an organization to meet the rising
Assestneeds”
for 1985-1989
Grants for
“people
of the community. Thus began the idea of forming
an1985-1989
organization that would not only be a source
of grants to agencies to improve the overall service to the citizens of Gwinnett, but could also provide community
leadership and strengthen the infrastructure of the area. In March, 1985 the Gwinnett Foundation, Inc. was founded to
be the catalyst of that idea.
$3 Million
$3 Million
Asset Total Year-End 1989 • 3 Million
$2.5 Million
$3 Million
$2 Million
$2.5 Million
$1.5 Million
$2 Million
$1 Million
$1.5 Million
$500,000
$1 Million
Grants Total 1985-1989 • $500,000 Total
$
$2.5 Million
$200,000
$2 Million
$150,000
$1.5
Million
$1 Million
$100,000
1985
-86
1987
1988
1989
-86
1987
1988
1989
$500,000
$50,000
1985
-86
1987
1988
1989
$500,000
$500,000
1985
-86
1985
1987
1988
1989
$50,000
7
6
8
9
8
8
8
8
-86
9
9
9
5
1
1987
1
1988
1
1989
198
1985
$1.5incorporation
Million
Since,
in March of 1985 to December 1989 the Foundation
$100,000 had grown to an asset base of $3 million.
In January
1987 a $1 million challenge grant was given to the Foundation by Bob and Judy Fowler as an endowment
$2 Million
to meet the ever growing and changing needs of the citizens in$150,000
Gwinnett. In four months, the Foundation met and
$2.5
Million
surpassed the $1 million challenge.
$1 Million
$3 Million
$200,000
Due to the generous support of Gwinnett citizens and businesses, the Foundation was able to distribute over $500,000
in grant awards to 45 non-profits organizations that served the community.
3
Dear Friends,
2010 was a landmark year for the Community Foundation for Northeast Georgia.
It marked our 25th anniversary of philanthropic partnership with generous donors and
mission-driven non-profit organizations across the length and breadth of the region.
We stand on the shoulders of the visionaries who crafted this foundation and proudly carry
on the work they started.
Our annual report this year has taken us down memory lane as we pay tribute to all who
have made the Community Foundation for Northeast Georgia a successful and integral part of
our community.
The Gwinnett Foundation Inc.’s (as we were first named) early stages were housed in the
programs of the Gwinnett Chamber of Commerce. In March of 1985, Charlie Brown and
Pat Brown took a leap of faith which led to the start of the Community Foundation.
In 1987 the Foundation received a major financial boost from Robert Fowler when he sold
the Gwinnett Daily Post News. With the leadership of Wayne Mason, the late JD Caswell
and Paul Duke, success was inevitable!
Though the challenges over the past 25 years at times seemed overwhelming, the
opportunities to make a difference were much more apparent. A new, more strategic
approach to philanthropic giving was required.
This is where the Community Foundation for Northeast Georgia excels. For 25 years, the
Foundation has excelled in emboldening donors to think big. Big in terms of the issues
they want to address and big in terms of the impact they want to achieve. We work with
each philanthropist individually and ask thoughtful and probing questions to help them
achieve their desired impact. The philanthropy of our donors matches their personal
values. We call this Inspired Philanthropy. A rewarding part of this process is that not
only do they transform the lives of others, but donors who practice Inspired Philanthropy
transform their own lives as well. They are happier and more fulfilled and develop a keen
appreciation for the difference they make every day.
4
As Executive Director, I want to express my
appreciation to our president of the Board of
Directors, Joe McCart, for his leadership during the
past 3 years. His steady guidance, in conjunction
with our outstanding Directors, has kept this
organization on course and committed to the
Greater Good.
Joe and I and my amazing staff are pleased to
share with you this annual report which reflects
the work that we do day in and day out, Inspiring
Philanthropy and Transforming Lives. In celebration
of this 25 year milestone, we are confident when we
say the Community Foundation for Northeast Georgia is
here…. Connecting People Who Care with Causes
that Matter.
Judy Waters
Judy Waters
Executive Director
Joe McCart
Joe McCart
President, Board of Directors
5
One Gift, Many Generations...The Power of Endowment
Endowment Fund
An endowment fund is created to provide a permanent source of support to be used for charitable purposes.
The principal of the fund is never spent.
When you create an endowment fund through the Community Foundation for Northeast Georgia, you have the
opportunity to benefit the community forever with a permanent legacy. Your gift is invested over time. Earnings
from your fund are used to make grants addressing community needs. Your gift – and all future earnings from your
gift – is a permanent source of community capital, helping to do good work today and in the future.
Legacy Stability
Donors who endow their gifts can make a difference in the community during their lifetime, and, at the same time,
provide a gift that lasts forever. Grants will continue to be made in the name of the fund you establish so that your
charitable wishes are preserved.
Leaders of a nonprofit organization may also look to the Community Foundation for Northeast Georgia to hold their
organization’s endowment because they know that having a constant source of funding helps them plan for the
future and
sustain
Endowment
Fund
Chartthe good work they do.
Expert Help
When donors
work through the Community Foundation for Northeast Georgia to achieve their charitable goals, they
Endowment
Fund Chart
benefit from the expertise of experienced staff, community leadership, and investment management.
One Gift, Many Generations...
Consider how an endowment gift can grow. If you make a $100,000 gift this year, 15 years from now, the fund you
establish will have a balance of $158,000 and will have distributed more than your initial gift amount in grants.
In 25 years, your initial gift amount will have been given away twice. And by year 50, your fund will have a
balance of $445,000 and will have made cumulative grants of $627,000–a philanthropic rate of return of
nearly 1,000 percent in grants and growth. This example assumes a 5 percent annual payout and an 8.5
$500,000
percent
rate of return.
$400,000
$500,000
$300,000
$400,000
$200,000
$300,000
$100,000
$200,000
$100,000
6
$100,000
Funds
Grow to
$
455,000
Funds
Grow to
$
316,000
Donor
YeEstablishes
ar 1
Funds
YearGrow
15 to
158,000
1
Year
1
Year
100,000
Endowment
Fund
$
$
5
5
Year
5
5
5
Year
Year
2
2
Year
0
0
After 50
years grants
to the
community:
$627,000
We would like to thank and recognize you NOW
for such lasting generosity and long-term commitment.
The CFNEG “Legacy Society” is our way of doing that.
Lou Arrants
David and Mary Kistner
Jerry & Patricia Brown
Jo Ann Nelson and Robert Kennerly
J.D. Caswell
Dr. Tony & Lori Landis
Paul & Jean Duke
Lillian Margene Moulder
Joe & Beverly Estafen
Judith Fowler Ottley
Herb & June Hamby
Mark & JoAnn Von Plinsky
Barbara Howard
Thomas W. Wheeler, Jr.
Julie Keeton Arnold
As a Member, you will lead the way for others, as you have all along, in keeping the future bright for all
of Northeast Georgia. Membership is open to anyone who has made provisions through the Foundation.
Please contact us for more information.
Joe Estafen
When I have completed my walk of the fairways of life it will be important to me
to preserve the values and principles that have guided me for the benefit of future
generations. This can be accomplished by the many worthy nonprofit organizations
that serve our community who labor on our behalf. They feed the hungry, cloth the
naked, shelter the poor, heal the wounded and sick and educate our youth among
many other charitable works. Their continued viability is essential to community life.
The charitable entity that will best honor my wishes in making charitable
distributions according to my intentions is the Community Foundation for Northeast
Georgia. It is uniquely structured to do so, as the guardian of my charitable assets.
I can think of no better way to leave a lasting legacy to the community that will
represent me and the values I stand for than to create a fund that will live in
perpetuity at the Community Foundation for Northeast Georgia.
7
Individuals, families, and corporations can use the Community Foundation for Northeast Georgia as their vehicle for
charitable giving. The Foundation provides assurance that all funds will be professionally managed and used for the
purpose(s) intended. Establishing a fund is easy and simple to accomplish.
Charitable Goals
Discuss your overall charitable goals with your family members and/or business associates and legal
or financial advisors.
Decide When to Give
You can celebrate your fund now, establish it in your will, or create it through a trust arrangement that
benefits your family as well as charity. You may give in honor of a loved one, colleague, or friend, to
celebrate an anniversary or special event, or to support the needs of your community today and tomorrow.
Tax deductions are earned at the time of the gift, while grants awarded from your endowed fund continue
into the future.
Decide What to Give
Almost any kind of asset can be used to start your fund, such as cash, securities, real estate, life insurance,
tangible personal property, and private foundation assets. Other options include designated or residual gifts
through bequests, trust arrangements, and retirement plans.
Choose the Name of Your Fund
Many funds are named for the donor or the donor’s family, while others are a named memorial for someone
special. Organization and corporate funds bear the name of the entity establishing the fund. All grants from
the fund bear the fund’s name. If you prefer anonymity, you may choose a name that reflects your fund’s
charitable purpose.
Determine Who Will Benefit from Your Fund
The purpose of the fund and who benefits may be defined as broadly or as narrowly as you desire. For
example, you may choose to designate one or more charitable organizations, or a specific geographic area.
Maybe you would prefer to benefit students pursuing post-secondary education or training. Or maybe you
would like to establish a personal or corporate giving program to help meet a wide range of community
needs.
Choose a Type of Fund
Select which fund type offered by the Foundation would be best suited to carrying out your charitable
interests.
Meet with Foundation
Meet with us to discuss your plans, ask questions, explore gifting and fund options, and to review necessary
documents for establishing the fund.
Create the Fund
Signing of the fund agreement signifies that your fund has been established and is ready to receive current
or deferred contributions.
8
The Community Foundation for Northeast Georgia strives to be flexible in meeting the needs and interests of donors. We
work with individuals, families, corporations, nonprofit organizations, foundations and financial advisors to create
funds with the terms and conditions to carry out desired charitable intent. Gifts may be made during one’s lifetime
or through a bequest or trust.
Outright Gifts allow cash or property to be transferred to the CFNEG and are eligible for tax
deductions. Gifts of appreciated property avoid any capital gains tax. Outright gifts can include cash,
publicly or closely traded securities, tangible personal property, real estate, insurance and retirement
assets.
Gifts by Will are a simple, effective way to ensure that you are always working towards building a
greater community. This type of gift can be stated outright in your will or you can incorporate a clause
that states whatever remains of your estate goes to a specific charity or fund. Some gifts by will are
provided on a contingent basis: that means the funds are transferred when an heir or the charity meets
certain requirements as explained in the will.
Gifts of Retirement Plan Assets (IRA’s, 401K’s, 403B’s) allow the undistributed assets in
qualified retirement plans to be designated to charity. By transferring these assets to CFNEG, heirs are
relieved of income tax.
Remainder Trust Gifts are gifts that give back. You can establish an irrevocable cash or property
gift, but you or selected beneficiaries will continue to receive the annual income from the trust. When
you die or terminate the trust, the remainder of the assets will pass to the CFNEG. Remainder Trust
Gifts allow you an income tax deduction equal to the amount of interest left in the trust after all
expenses are paid.
Charitable Lead Trusts could be called “gifts you get back.” You can give the income from the
assets in the trust for a designated period of years and still retain the principal for yourself, your heirs
or a third party. When the trust is terminated, the principal is yours. Many donors use Charitable Lead
Trusts as a “tax-smart” method of passing assets to their heirs.
Insurance Gifts allow insurance proceeds to be designated to a charitable giving program. A policy
given outright provides the donor with a charitable deduction equal to the cash surrender value of the
policy, and any donor-paid premiums are deductible. The CFNEG can also be named as a contingent
beneficiary under an insurance policy.
9
From 1990 to 1995
for 1990-1995
for 1990-1995
TheAssets
Community
Foundation’s vision was to expand ways to shareGrants
information,
promote philanthropy and communicate
what the Foundation could do for individual donors. A strategic plan was developed for the next 5 years noting that
Assetsthe
for past
1990-1995
Grants for
1990-1995
during
ten years of community involvement, the Foundation
was
beginning to be known in the Gwinnett
area for its grant-making and community leadership abilities. In 1993 Joseph J. Estafen joined the Foundation as the
Executive Director. He brought many years of experience in the non-profit arena and expanded the growth of the
Foundation from $3.2 million to $5.1 million.
$580,000
$6 Million
Asset Total Year-End 1995 • $5.1 Million
$5 Million
$6 Million
$4 Million
$5 Million
$3 Million
$4 Million
$2 Million
$3 Million
1990
$1 Million
$2 Million 1991
1992
1993
1994
1993
1994
Grants
Total 1990-1995 • $1.2 Millon Total
$510,000
1995
$1 Million
$420,000
$580,000
$350,000
$510,000
$280,000
$420,000
$210,000
$350,000
$140,000
$280,000
1990
$70,000
-19
$210,000
$140,000
$70,000
91
1992
1993
1994
1995
1 1992 1993
1994
1995
-199
$70,000
1990
$140,000
3
4
5
1 1992 1993
$2 Million 1991 1992
9
9
9
9
9
9
1
1
1994
1
1995
$210,000990-199
1990
1
$31990
Million
$280,000
From
- 1995 the Foundation awarded over $1.2 million in grants
to the community and since it’s inception
$350,000
$4 Million
in 1985
more than $1.8 million grants. By 1995 the Foundation had put down firm roots in the local community.
Nourished
by the generosity of many donors, it had grown in its$420,000
capacity to support a wide variety of programs.
$5 Million
$510,000
$6 Million
$580,000
1
-199
$1 Million
1990
10
1992
1995
When you become a Community Foundation donor, you have the flexibility to create and shape your own charitablegiving fund to reflect your personal goals and desires. Review our fund categories and consider your various options.
We offer many different types, each customized to help you make the most of your giving.
Donor Advised Funds: Established by an individual, family or business, this fund allows you to make
a donation to your fund, receive a tax deduction in the year of the donation and then remain actively
involved in the fund’s charitable grant-making for unlimited generations. A donor-advised fund can
make grants to any 501(c) (3) charity in the USA, houses of worship, schools and universities. It’s a
simple, powerful, and highly personal approach to giving.
Unrestricted Funds: These funds are used to make grants to support the charitable needs of the
community at the discretion of the CFNEG’s governing Board through a competitive grants process
supported by the Foundation’s professional grant-making committee. An unrestricted fund is an effective
way to leave a permanent named legacy that can adjust over time as the needs of the community change.
Field of Interest Funds: These funds are established to support nonprofit programs or organizations in
a general field of interest important to the donor, such as arts & culture, education, historic preservation,
children, the elderly, etc.
Donor Designated Funds: Established by the donor to benefit one or more nonprofits perpetually.
If the original named charity ceases to exist, becomes obsolete or is unable to perform their charitable
purpose, the CFNEG can reallocate the funds in accordance with the donor’s original intent.
Agency Endowment Funds: Created by other non-profit organizations as a means of protecting
their charitable dollars for the future and to ensure a source of annual support for their programs and
operations.
Scholarship Funds: These funds allow donors to invest in the future by helping deserving students
pursue higher education. The Community Foundation for Northeast Georgia will work to involve donors
in the selection criteria, scholarship guidelines, application process, and procedures for awarding
the scholarship and appoint selection committee members. The CFNEG provides all scholarship
administration.
Supporting Organizations: In the course of establishing supporting organizations, the Community
Foundation for Northeast Georgia meets the unique needs of organizations looking for cost-effective
operational assistance while maintaining independence. A supporting organization is a subsidiary of the
Community Foundation that has its own charitable status, board of directors, bylaws, investment policies
and grant priorities. Through its close connection to the Community Foundation, a supporting organization
is given public charity status and receives all of the associated tax benefits.
The CFNEG appoints at least 51% of the supporting organization’s board of directors and has at least one Community
Foundation staff member or board member serving as a board member of the supporting organization.
11
CFNEG’s annual “Evening of Appreciation” was a commemoration of
the 25th anniversary and served as an opportunity to thank our many
donors for their generosity throughout the years.
Barbara Howard, owner of Suzannas Kitchen, has many significant and varied volunteer roles in her beloved
Gwinnett community. These are evidence that she not only met but exceeded the criteria for the 2010 Community
Foundation for Northeast Georgia Award for Community Leadership & Philanthropy.
The Foundation also recognized and dedicated the evening in memory of Wayne Shackelford with Mrs. Jean Duke
presenting the Paul and Jean Duke Humanitarian Legacy Award to Mrs. Anna Shackelford in honor of the years of
community leadership from both Anna and Wayne.
While being serenaded by the Gwinnett Symphony Orchestra, the estimated 250 guests enjoyed a delightful
reception in the Gwinnett Environmental and Heritage Center with food from A Bokay by JoANN. The evening
was produced and performed by the Aurora Theatre under the direction of Ann-Carol Pence and Anthony
Rodriguez.
The 2010 grant recipients were presented as a video produced by Rob Motolla of East2West Media Group, Inc.
Board President Joe McCart relates, “The evening is a wonderful celebration for all of the good things that happen
in our great community and the wonderful thing is that everyone can be a part of spreading Philanthropy!”
Special thanks to the McCart Group and Sugarloaf Wealth Management for sponsoring our Evening of Appreciation.
12
1996-2010 Recipients of the Award for
Community Leadership and
Philanthropy
Paul A. Duke ~ 1996
Anne Louise Radloff ~ 1997
Judith L. Fowler ~ 1998
Margaret Parsons Andrews ~ 1999
Mary S. Kistner ~ 2000
Mary Louise Stark ~ 2001
Herbert O. Hamby ~ 2002
J.D. Caswell ~ 2003
Sonny Deavours ~ 2004
Jeff Manry ~ 2005
Kathryn Parsons Willis ~ 2006
James E. Pack ~ 2007
Dr. Lanny Lesser and Dr. Bill Martin ~ 2008
Clyde and Sandra Strickland ~ 2009
Barbara Howard ~ 2010
In 2009, the Paul & Jean Duke Humanitarian Award
was created exemplifying Paul and Jean Dukes’ spirit of
compassion and embodying a dedication to humanity.
Paul & Jean Duke ~ 2009
Accepted by Jean Duke
Wayne Shackelford ~ 2010
Accepted by Anna Shackelford
13
We gratefully acknowledge the following individuals and organizations who
support CFNEG’s administrative expenses.
It is because of their investment that the Foundation exists today.
DIAMOND
Bronze
Primerica Life Insurance Company
Dr. & Mrs. Norman Freid
Gary & Nancy Bivins
Joe Powell & Associates, Inc.
The Connection Fund
Tom & Diane Troncalli
Platinum
Michael & Sherry Tennant
Gold
BB&T Charitable Foundation
Gwinnett Convention & Visitors Bureau
The McCart Group
Sugarloaf Wealth Management, LLC
Silver
Richard B. Chandler, Jr. P.C.
Gladiators Foundation for Kids
William & Vivian McLendon
Bill & Sherry Russell
14
2010 In-Kind donors
ABokay by JoAnn Morris
Aurora Theatre
East2West Media -Rob Mottola
Executive Brilliance - Jennifer Whitaker
Gwinnett Community Symphony Orchestra
Gwinnett Environmental & Heritage Center
Jennifer Stalcup Photography
Julia Hall
Moore Stephens Tiller, LLC
Paige Havens
Palmetto Grant Consulting LLC - Susan Bacon
Primerica
Schroeder Resources - Cara Schroeder
Spitfire Media Group, LLC (Mighty 8th Media)
Veugeler Design Group
From 1996 to 2000
for 1996-2000
1996-2000
TheAssets
Community
Foundation’s vision was to increase assets so thatGrants
moreforgrant
capacity would be available to the
community. Taking its first steps to carry out the capacity building campaign designed in 1995, the Foundation was
Assetsencouraged
for 1996-2000with the response shown by the participation
Grants
1996-2000
greatly
offor
the
overall community. Under Joe Estafen’s
leadership by February 1999, the goal of growing the assets of the Foundation from $4 million to $10 million was
reached almost a year ahead of schedule - proof that the citizens were truly committed to improving the quality
of life of the region.
$1,750,000
$12 Million
Asset Total Year-End 1996 • $11.4 Million
Grants Total 1996-2000 • $5.5 Millon Total
$12 Million
$10
$10
$8 Million
$8 Million
$6
1996
1997
1998
1999
2000
$6 Million
$6 Million
$1,500,000
$1,750,000
$1,250,000
$1,500,000
$1,000,000
$1,250,000
$750,000
$1,000,000
1996
1997
1998
1999
2000
1996
1997
1998
1999
2000
$750,000
1996
1997
1998
1999
2000
$750,000
6 1997 1998
1999
1999
2000
2000
1996 1997 1998
$1,000,000 199
$8 Million
From 1996 - 2000 more than $5.5 million was given back to the
community and since inception more than $7.2
$1,250,000
million. The facts and figures reflect the larger reality – the Foundation was growing, both in terms of its total
$10 Million
endowment assets and its capability to serve the community. $1,500,000
$12 Million
$1,750,000
15
The Holtkamp Family
Foundation
Matthew, Suzanne, Margaret & Annabelle
Holtkamp
The Holtkamp Family Foundation (HFF) had its
beginnings in restlessness.
Even though we had been giving regularly to our
home parish, Prince of Peace Catholic Church, we
felt called to play a bigger part in our community,
here where we live, play, and headquarter our
business, Holtkamp Heating & Air. When helping
out with a fundraising festival, we became acutely
aware of the local need for basic necessities, most
namely food and shelter. That’s how the Holtkamp Family Foundation began, with the Gwinnett CAN Challenge,
an effort to raise 10 tons of food for local food banks in 12 months. HFF then spread its reach to support other
critical needs organizations, as well as pro-family cultural and educational programs.
We appreciate CFNEG’s dedication to so many wonderful, life-giving nonprofits. We are blessed to be able to
accomplish our goals through our CFNEG donor-advised fund. We look forward to growing our fund and
growing its reach. HFF is aptly named because it comes from the heart of our family to the hearts of other families.
The future will bring a day (too soon, we’re sure!) when we pass along HFF’s stewardship responsibilities to our
daughters. Each day brings a new opportunity to share God’s bountiful blessings.
The glory of God is man fully alive. (St. Ireneaus)
william & vivian McLendon Fund
Bill, Vivian, Garrett & Kristina McLendon
16
I spent many years working in Gwinnett County and have been
involved with the CFNEG for over 20 years having served as
a past president and a member of the Board of Directors. The
growth of Gwinnett County has brought prosperity to many but
also the need for financial assistance to the non-profit community
organizations that serve the area. During this time, the Foundation
has been in a unique position to not only see the need and to receive
the requests for assistance, but also to function as a catalyst to bring
interested parties together and to provide seed money or matching
funds to stimulate additional giving as well as adding a professional
perspective. I have seen the significant needs of the county and the good work that the Foundation has done. An unrestricted fund provides the Foundation with the flexibility needed to respond to urgent needs and requests. With the assistance of the staff, the Board and the professional advisors of the Foundation, our unrestricted family
fund is able to help many more deserving organizations and individuals than we would be able to acting on our
own. Our contributions to the Foundation are a way to “pay it forward” many years into the future and provide an
example to our children of their obligation to our community
Derek A. Luther Memorial Scholarship Fund
Lance Luther and Elena Luther
The Derek Luther Memorial Scholarship Fund was created in 2010 in loving and
everlasting memory of Derek Andrew Luther who would have been a 2012 graduate
of North Gwinnett High School (NGHS). Derek was a member of the NGHS
marching band during his freshman year in 2008 playing clarinet, and was accepted
into the Musical Theater program at NHGS where he performed in his first theater
production of “Working” in the fall of 2009. Derek’s lifelong dream was to somehow
pursue theater in his life, either professionally, or as a passionate hobby, whether onstage or behind-the-scenes. An amazing artist, Derek had an amazing gift in creating
art in the form of drawing. His visual perceptions and creative mastery translated into
other mediums as well; music and lyrics, set design, costume creation, writing and
singing. As Derek’s family and friends, we came together to establish a scholarship
fund in his memory to assist students with similar passions and aspirations. It is with
love and honor that this fund was created and will be subsidized each year by various
fundraising events.
We are grateful for the expertise and advice that CFNEG gave us as we set about to accomplish this.
ArtWorks! Gwinnett
Sally A Corbett - Executive Director
Courageous from the Latin word “cor” meaning “heart” aptly describes the
passionate volunteers who have made ArtWorks! Gwinnett a reality. They have
set the stage for increased participation, visibility and support for the nonprofit
arts organizations of Gwinnett County. As the first employee of ArtWorks! I am
inspired by the volunteers who imagined a bold future for the arts in Gwinnett.
On most days hundreds of talented arts volunteers, professionals and students
are making Gwinnett a better place to live and do business. Their work inspires
creativity, creates joy and builds human understanding. Literary, visual and
performing arts programs increase childrens’ scholastic achievement and make
a positive impact on our local economy. Even more, the arts have the potential to
distinguish our community from our Southeastern counterparts by amplifying an
unparalleled combination of creativity, innovation and diversity – all assets that
attract businesses, visitors and young workers.
Moving forward we are dreaming big, envisioning a day when private sector
partnerships and funding sources help art organizations reach new heights.
We imagine artists in residence regularly visiting classrooms and businesses to
inspire learning, teamwork and problem-solving through new ways of thinking
and collaboration. We will be a voice for Gwinnett as we engage in regional and national dialog on public art, arts
education and the economic impact of the arts.
I am joined by all who see arts at the heart of Gwinnett’s future in thanking the Community Foundation of Northeast
Georgia for serving as a resource and for providing guidance to help launch ArtWorks!
17
Operating Funds
Donor Advised Cont.
CFNEG Administration Fund I
Belle and Louise Cofer Fund
CFNEG Administration Fund II
The Connection Fund
CFNEG Administration Fund IV
Council for Quality Growth Council Cares Fund
Paul Duke & Family Fund
Chris and Frankie Doughtie Fund
The Hudgens Supporting Foundation Fund
Joseph J. and Madeline Matusik-Estafen Fund
R. D. F. Fund
Robert Fowler Family Fund
Franzen and Salzano Law Firm Fund
General Funds
Freid Family Fund
Alumax, Inc. Fund
*GA - PCOM Old Peachtree Road Race
The Bivens Family Fund
The Garrard Construction Group, Inc. Charitable Fund
James B. Braden Fund
The Zygmunt Gasiorowski Fund
The Cartwright Family Fund
Gladiators For Kids Fund
CFNEG General Fund I
Leang Hourn and Chanthary Chea Fund
CFNEG General Fund II
Herbert Hamby and Family Fund
CFNEG General Fund III
*Holtkamp Family Foundation Fund
Donald Dawson and Family Fund
Harcrest Homes Fund
The English Memorial Fund /SunTrust Bank
Barbara D. Howard Fund
Judith L. Fowler Fund
Morris Kensler Jackson Family Fund
The Gwinnett Daily Post Fund
Greg and Robin Jacobs Family Fund
Dawson and Marsha Jackson Family Fund
Jeremiah’s Journey Fund
Thomas D. and Sheila D. Jones Fund
The Jackson Jinright Charitable Foundation
The Loveable Company Fund
Joseph Fund
Jeff and LuAnne Manry Fund
Richard and Deborah LoPresti Family Fund
William E. and Vivian W. McLendon Fund
Paul Lopez Family Fund
Rockwell International Fund
Wayne H. and Annette B. Mason Family Fund
Jack Sawyer Fund
March of Dimes Fund
Scientific - Atlanta General Fund
Joe and Nancy McCart Family Fund Roddy Sturdivant Fund
Mion Family Fund
Perry D. Tanner Family Fund
Bartow Morgan Family Fund
Tom and Maria Wheeler Fund
MSH Fund
Aaron C. Newman Family Fund
Donor Advised
On Wings Like Eagles, Inc. Fund
Tom and Ethel Andersen Family Fund
James Pack Family Fund
Margaret Parsons Andrews Fund
PBS Fund
The Avis Fund
Lynn and Edd Price Family Fund
BellSouth Classic Fund
The Renjilian Family Fund
J. W. Benefield Family Fund
The Jonathan Richards Fund
G.L. Bivins Family Fund
*Scientific Atlanta Foundation
Millard Bowen Family Fund
William R. Short Fund
The Brand Banking Company Fund
*Greg and Tammy Shumate Family Fund
The Brand Mortgage Fund
Wayne and Beth Sikes Charitable Foundation Fund
Street Smarts Foundation Fund
Myron E. Bullock Sr. Family Fund
Clyde L. and Sandra J. Strickland Fund
Lt. Governor Casey Cagle Greater Purpose Fund
Technology Park Atlanta Fund
J.D. and Lenora Caswell Fund
18
Donor Advised Cont.
Donor Designated Cont.
The Thomas Fund
Tripp Fund
The Tucker Foundation Fund
Wachovia Bank Fund
*The Sara Beth Ward Fund
Jones and Marion Webb Fund
Marion Webb and Gertrude Allison Fund
A.R. Weeks Fund
Kathryn Parsons Willis Charitable Fund
Donor Designated
Allen Todd Memorial Scholarship Fund
Amy Peterson Mesnick Foundation Scholarship Fund
Margaret and Agnew Andrews Fund
Artworks! Gwinnett Fund
Megan A. Baldwin Memorial Scholarship
Trust Fund
*Barefoot In the Park - Education Fund
The John, Lynne, & Nicole Belli Memorial
Scholarship Fund
Bivins, Chernecky, Fowler Fund
Charles Brown and Family Fund
Jerry L. and Patricia M. Brown Fund
Chiapas Highland Maya Fund
The Cathryn Halderson Clarke Education Fund
The Cody Fund
Derek A. Luther Memorial Scholarship Fund
Donna Mae White ROTC Camp Scholarship Fund
Down Payment Assistance Grant Program Fund
Georgia Family Federal Credit Union Fund
Dr. Olivia J. Hodges Scholarship Fund
*Leadership Gwinnett 25th Anniversary Class Scholarship Fund
The Edmond H. McCarthy String Orchestra
Scholarship Fund
50 in 50 Charitable Fund
Harry Britt Memorial Scholarship Fund
Jane Cahoon Memorial Scholarship Fund
Joan Jackewicz Dupont Memorial Fund
Michael A. Sims Scholarship Fund
Monte Nichols Director’s Chair for The Gwinnett Philharmonic Fund
Wendy Murphy Outstanding Young Artist
Scholarship Fund
No Longer Bound Day Fund
Norma Lopez Scholarship Fund
Scientific - Atlanta Fund
Secretly Pay It Forward Foundation Fund
Scott Hudgens Scholarship Fund
The Snellville Commerce Club Scholarship Fund
Step to Independence Fund
Tanya Whitsel Cain Memorial Scholarship Fund
Unity Group Charitable Fund
Field of Interest
Anonymous Donor #2 Fund
Dr. and Mrs. M. Coppage Fund
Gwinnett Women’s Council of Realtors Fund
Gwinnett Industries Fund
Indigent Dental Fund
L. Barry Teague Fund
Post Properties Fund
ENDOWMENT
Barrow County/The News Company Fund
Carolyn Roberts Hill Foundation Fund
*Clyde L. and Sandra J. Strickland Family
Endowment Fund
Forsyth County/The News Company Fund
Abba Joe Gordon Scholarship Fund
Gwinnett Library System Fund
Gwinnett Technical College Fund:
Dr. and Mrs. Crews Fund
Electromagnetic Science Fund
Georgia Power Fund
In Honor of Alvin Wilbanks Fund
OKI Telecom Fund
Wachovia Gwinnett Tech Fund
*Louis E. Arrants & Ann M. Arrants Fund
Mary Kistner Endowment Fund
R. D. F. Fund
19
Agency Endowment
Agency Designated Cont.
Eagle Ranch Fund
The Goizueta Foundation Endowment
- to benefit Hi-Hope Service Center
Hi-Hope Service Center Endowment Fund
Madeline Mashburn Hayes & Julia Lewis Hayes Endowed Fund -to benefit Hi-Hope Service Center
Southeastern Railway Museum Fund
Kingdom Kids Charity, Inc.
Leadership Gwinnett Foundation Fund
Mill Creek Cluster Education Foundation Fund
North Gwinnett Schools Education Foundation Fund
Safety Gap Fund
*Sage School Fund
St. Thomas Aquinas Scholarship Fund
Teachers as Leaders Fund
Temple Beth David Legacy Fund
TEN new funds were established during
2010 & are designated * bold.
Agency Designated
A Step to Independence Fund
American Cancer Society Patient Navigator Fund
Ann Rice Music Library Chair Fund
Aurora Theatre Fund
BCFS Lou Ann Caldwell Memorial
Scholarship Fund
Boys and Girls Club Fund
Brookwood Cluster Schools Foundation Fund
Dacula Academic Community Fund
Duluth First United Methodist Church
Cemetery Fund
Duluth Merchants Association Fund
Family Intervention Response & Support
Team Fund
Friends of Creative Enterprises Fund
GCPSF J. Floyd and Eunice Brannan
Scholarship Fund
Georgia Gwinnett College Foundation Fund
Georgia Piedmont Land Trust Conservation Fund Grayson Cluster Schools Foundation Fund
GRN Child and Adolescent Fund
GRN Community Service Board Fund
Gwinnett Children’s Shelter Inc. Fund
Gwinnett Choral Guild Fund
Gwinnett Coalition for Health & Human Services Fund
Gwinnett Community Clinic Fund
Gwinnett Environmental & Heritage Center Fund
The Gwinnett Historical Society Fund
Gwinnett Homebuilders Fund
Gwinnett Rotary Club Fund
Gwinnett Sexual Assault Center Fund
Gwinnett Student Leadership Team Fund
Hopewell Baptist Day Scholarship Fund
House of Gwinnett Fund
Kenya Medical Outreach, Inc. Fund
20
From 2001 To 2005
From
2001
to 2005, the Foundation’s vision was to find ways toGrants
be seen
as a partner in community initiatives, to be
Assets
for 2001-2005
for 2001-2005
pro-active in convening nonprofits for core strengthening seminars, to assist nonprofits in increasing their “friends”
and Assets
to build
stability for their organizations. Growth and expansion
services to include counties in the northeast
for 2001-2005
Grants forof2001-2005
region initiated the name change to the Community Foundation for Northeast Georgia. A new name and new service area
facilitated a familiar dedication and commitment to the communities in need of Foundation assistance. In 2004 Judy
Waters joined the Foundation as Executive Director and promised new growth to the Foundation.
$18 Million
$2,500,000
Asset Total Year-End 2005 • $16.5 Million
Grants Total 2001-2005 • $9.3 Millon Total
$16
$18 Million
Million
$2,500,000
$2,000,000
$14
$16 Million
Million
$2,000,000
$1,500,000
$12
$14 Million
Million
$10
$12 Million
Million
2001
2002
2003
2004
2005
2001
2002
2003
2004
2005
2001
2002
2003
2004
2005
$1,000,000
$10 Million
$10 Million
$1,500,000
$1,000,000
2001
2002
2003
2004
2005
$1,000,000
1 2002 2003
2004
2004
2005
2005
2001 2002 2003
$12 Million 200
$1,500,000
In addition to serving individuals and organizations in Gwinnett,
North Fulton, Forsyth and Barrow counties, the
$14 Million
Foundation new service area included Clarke, Jackson, Madison, Oconee, Greene and Walton counties. In the years
2001
more than $9.3 million in grants was given back to$2,000,000
the community. The Foundation had served as an
$16-2005
Million
outstanding resource to the community awarding more than $16.5 million since inception of 1985.
$18 Million
$2,500,000
21
CFNEG Unrestricted Funds provide annual, renewable funding for the wide range of nonprofit initiatives that build
healthy and vibrant communities in the Northeast Georgia region. Funding for discretionary grants is made possible
by our many donors who seek to improve the quality of life in our area. Donors trust us to monitor current and
emerging community needs, and to identify local organizations capable of meeting these needs. The Foundation in
turn invests and administers these unrestricted gifts, ultimately making grants to local agencies.
The Grants Committee – composed of community and Foundation representatives who are knowledgeable about
current issues, reviews community opportunities and needs, as well as requests from local nonprofit organizations.
Our discretionary dollars are directed to the following areas: health and human services, arts and culture, education
and community improvement.
2010 Unrestricted Grant recipients
IMPACT GRANTS
Organizations
ProjectAmount
Gwinnett Hospital System Foundation
Neonatal Intensive Care-Taylor Chairs
Gwinnett Tech Foundation
Life Sciences Center Capital Campaign $10,000
Gwinnett Environmental & Heritage Center
Older Adult Passenger Tram Initiative
$10,000
$10,000
Sustaining Grants
22
Atlanta Legal Aid Society, Inc. Telephone Upgrade
$ 5,000
Aurora Theatre Inc.
Equipment Upgrade
$ 5,000
Camp Twin Lakes
Ever Higher Campaign
$ 5,900
Creative Enterprises Inc.
Purchase of computers
$ 5,000
Computers for Youth
Take-It Home Program
$ 5,000
Dream House for Medically Fragile Children, Inc.
Family for Keeps Transition Program
$ 5,000
Good Samaritan Health Center of Gwinnett
Go & Give Program
$ 5,000
Gwinnett Community Clinic
Diabetes Education & Patient
$ 5,000
Gwinnett County Public Schools Foundation Fund, Inc.
Community-Based Mentoring
$ 5,000
Gwinnett Village Community Alliance
Client Data Software
$ 5,000
Lilburn Cooperative Ministry
$ 5,000
Music Time Learning Center
Raising Musical Children
$ 1,800
Rainbow Village, Inc.
Resident Assistance Fund
$ 5,000
The Salvation Army
Home Sweet Home-Gwinnett
$ 5,000
The Sheltering Arms Daycare
Scholarship Program
$ 5,000
Supporting Adoption and Foster Families Together
Family Visitation and Support Center
$ 5,800
23
Agency, Endowment, Donor
Actor’s Express
American Heart Association
Amigos for Christ
The ALS Association of Georgia, Inc.
Annandale at Suwanee, Inc.
Atlanta Community Food Bank
Atlanta Legal Aid
Atlanta Union Mission
Auburn University Scholarships
Aurora Theatre, Inc.
The B-Moe Positive Company
Benefield Elementary School
Boys & Girls Club - Gwinnett
Brigham Young University
Brookwood Cluster Schools Foundation
C3 Missions International, Inc.
Cambodian Buddhist Society
Camp Twin Lakes, Inc.
Catholic Charities of the Archdiocese of Atlanta
Catholic Medical Mission Board
Centennial High School
Children’s Healthcare of Atlanta Foundation
Community Foundation for NE GA
Computers for Youth-Atlanta
The Conductive Learning Center
Creative Enterprises, Inc.
Cure Childhood Cancer
Decatur Presbyterian Church
Dream House for Medically Fragile Children
Driving Magic, Inc.
Duluth Cooperative Ministries
Duluth Fall Festival, Inc.
Duluth First United Methodist Church
Duluth High School Scholarship Fund
Duluth High School Swim & Dive Booster Club,
The East Lake Foundation, Inc.
Edgewood Baptist Church
Family Promise of Gwinnett County, Inc.
Family Research Council
First Baptist Church Of Lagrange
Flordia Gulf Coast University
Foster Children’s Foundation, Inc.
Friends of Disabled Adults & Children, Inc.
Friends of Gwinnett County Senior Services
Friendship Community Church
Gainesville State College SIFE
George Walton Academy
Georgia Buddist Vihara, Inc.
Georgia College and State University
Georgia Gwinnett College
Georgia Gwinnett College Foundation
Georgia Institute of Technology
24
Georgia Lions Lighthouse Foundation, Inc.
Georgia National Guard Family Support Foundation
Georgia Piedmont Land Trust
Georgia Right to Life Educational Trust Fund
Georgia Rotary Student Program, Inc.
Georgia Shakespeare
Georgia Southern University
Georgia State University
Georgia Tech Foundation, Inc.
Girl Talk, Inc.
Good Samaritan Health Center of Gwinnett
Grayson High School DECA
Greater Atlanta Christian School
Gwinnett Children’s Shelter, Inc.
Gwinnett Choral Guild
Gwinnett Community Clinic
Gwinnett Community Symphony Orchestra
Gwinnett Council for Seniors
Gwinnett Council for the Arts
Gwinnett County Public Schools Foundation
Gwinnett Environmental & Heritage Center
Gwinnett Historical Society
Gwinnett Masters Special Olympics
Gwinnett Medical Center Foundation
Gwinnett Parks Foundation
Gwinnett Sexual Assault Center
Gwinnett Student Leadership Team
Gwinnett Tech Foundation, Inc.
Gwinnett Technical College
Gwinnett Village Community Alliance
Haggai Institute Leadership Training, Inc.
Hampden-Sydney College
High Museum of Art
Hi-Hope Service Center
Holy Cross Anglican Church
HomeAid Atlanta
Honduras Outreach, Inc.
The Hope Clinic
The IMPACT Group
Institute of Transportation Engineers
It’s The Journey, Inc.
The Jackson Jinright Charitable Foundation
Joyful Visitation Chapter of Magnificat
Judicial Watch, Inc.
Keep Georgia Safe
Kennesaw State University
Khmer Buddhist Relief
Kidstuff - USA
Kingdom Kids Charity, Inc.
Lawrenceville Cooperative Ministry, Inc.
Lawrenceville Tourism & Trade Association
Leadership Gwinnett Foundation, Inc.
Advised & Designated Grants 2010
Lilburn Cooperative Ministry
Manuela Martinez Foundation
Missionaries of Charity Gift of Grace House
MSCD Foundation
Music Time Learning Center, Inc.
Must Ministries
NE Georgia Council Boy Scouts of America
New LIfe Community Center
No Longer Bound
Norcross First United Methodist Church
North Gwinnett Schools Foundation
Our Lady of Perpetual Help Home
Paralyzed Veterans of America
Parkview MCJROTC Booster Club
Peachtree Christian Hospice
Pleasant Hill Presbyterian Church
Polk County
Polk County Women’s Shelter
Polk School District
Priests For Life
Grants by program
Puckett’s Mill Elementary School
The Quinn House
Rainbow Village, Inc.
RRISA
The Salvation Army of Atlanta
Grants
Theby program
Salvation Army of Gwinnett County
The Sheltering Arms
Simpsonwood United Methodist Church
Southeast Gwinnett Cooperative Ministry
Southeastern Railway Museum
SPARC
Special Olympics Georgia
St. Andrews Presbyterian Church
St. Pius X Catholic High School
Supporting Adoption & Foster Families Together
Suwanee Day Festival
The Texas Cambodian Buddhist Society, Inc.
Thomas More Law Center
UMCOR
United Way of Gwinnett
University of Florida Foundation
University of Georgia
University System of GA Foundation
Valdosta State University
West Chester University of Pennsylvania
Wilderness Scouts of America, Inc.
Winship Cancer Institute
Woodruff Arts Center
Woodward Acadamy
Youth Reach
Health & Human Services 64.12%
Zoo Atlanta
$2,778,139
Education 9.15%
$396,420
Grants by program
Grants
Program
Healthby
& Human
Services 64.12%
Faith Based Organizations 3.49%
$153,167
$2,778,139
Education 9.15%
Health & Human Services 64.12%
$396,420
$2,778,139
Arts & Culture 1.79%
$77,718
Education 9.15%
Environmental <1%
$21,000
Faith Based Organizations 3.49%
$153,167
Grants Fund Type
$396,420
Arts & Culture
1.79%
$77,718
Faith Based
Environmental
<1% Organizations 3.49%
$21,000$153,167
DonorService
Advised
78.69%
Community
20.91%
Arts & Culture
1.79%
$906,075
$3,409,050
$77,718
Grants by Fund Type
Endowment <1%
Community Service 20.91%
$20,200
$906,075
Unrestricted General 2.32%
$100,527
Donor Designated 16.18%
$701,457
Agency Designated 2.34%
$101,285
Unrestricted General 2.32%
$100,527
Agency Designated 2.34%
Grants Fund Type
Donor Designated 16.18%
Environmental <1%
$701,457
$21,000
Donor Advised 78.69%
$3,409,050
Endowment <1%
$20,200
Community Service 20.91%
$906,075
Donor A
$3,409,0
Donor D
$701,457
Endowm
$20,200
Unrestri
$100,527
Agency D
$101,285
25
SIMPLICITY
There is not set-up fee to create a fund and minimum of paperwork is required.
FLEXIBILITY
Donors can realize nearly any charitable intent by choosing from among the variety of fund types offered by
CFNEG. All fund types can be tailored to meet donor needs and interests.
DONOR INVOLVEMENT
Donors can choose the level of involvement in grantmaking from their fund which ranges from having CFNEG
make all grantmaking decisions, to designating an organization(s) to perpetually benefit, to the donor making
ongoing recommendations for grants.
TAX BENEFITS
CFNEG is a public charity under federal tax law: gifts made during a donor’s lifetime may result in important tax
advantages; bequests can be deductible for federal estate tax purposes.
PROFESSIONAL MANAGEMENT
In addition to an experienced staff, CFNEG’s assets are invested by outstanding financial management firms. The
Financial Committee, selected from experienced board members, closely monitors all investments.
26
From 2006 To 2010
From 2006 to 2010, the Community Foundation’s increased efforts of collaboration by forming two significant
partnerships with the Gwinnet County Public School System Foundation and the Partnership Gwinnett Initiative.
During the latter part of this 5-year period, the Foundation staff sought ways to minimize operational costs and
streamline as many projects as possible in order to stay within budget. The Foundation focused on basic needs and
many of the grants reflected the Foundation’s concern for families struggling with the economic situation.
Grants for 2006-2010
Assets for 2006-2010
The Community
Foundation received the Council on Foundations National
Standards Compliance Certification to
indicate CFA’s policies, procedures and programs meet national regulations for a nonprofit community foundation.
Assets for 2006-2010
Grants
for 2006-2010
The CFNEG’s
goal is to generate a clearly conceived vision of the
Community
Foundation’s future. Board and staff
planning sessions have led to creative efforts to generate key strategies and actions and are already being reflected in
both board assessments and a rapid return to pre-recession growth and outreach. Setting up a solid recovery from
the slowly receding recession is uppermost in discussions in our meetings.
$8,000,000
$34 Million
Asset Total Year-End 2010 • $30.3 Million
$31 Million
$34 Million
$28 Million
$31 Million
$25 Million
$28 Million
$22 Million
$25 Million
$19 Million
$22 Million
$16 Million
$19 Million
Grants
Total 2006-2010 • $25.9 Millon Total
$7,000,000
$8,000,000
$6,000,000
$7,000,000
$5,000,000
$6,000,000
$4,000,000
$5,000,000
$3,000,000
2006
2007
2008
2009
2010
$16 Million
$16 Million
$4,000,000
$2,000,000
$3,000,000
2006
2007
2008
2009
2010
2006
2007
2008
2009
2010
$2,000,000
2006
2007
2008
2009
2010
$2,000,000
$19 Million
$3,000,000
2009
2010
2006 2007 2008
2009
2010
2006 2007 2008
$22
Million
$4,000,000
In the years 2006 -2010 an all time record of more than $25.9 million in grants was given back to the community.
$25 Millionfocused on growing philanthropy, awarding more$5,000,000
The Foundation
than $42.4 million in grants to over 500 non$28
Million
profits serving the community since inception of 1985.
$6,000,000
$31 Million
$7,000,000
27
Giving to CFNEG is like making an investment in the community. Your charitable gift helps to improve the lives
of the Greater Community of the Northeast Georgia area and boosts our regions vitality for generations to come.
We celebrate all our donations, whether large or small, for without them, we would be unable to serve our
community. Even the smallest contribution moves us forward and is a permanent gift to the community.
“We make a living by what we get, we make a life by what we give.”
- Winston Churchill
$500,000 - $999,999
$10,000 - $49,999 Cont.
$1,000 - $9,999 Cont.
The Brand Banking Company
Clyde and Sandra Strickland
W.D. Trippe Trust, Inc.
Primerica Life Insurance Co.
Scientific-Atlanta Foundation
Street Grace
Kathryn Parsons Willis
Georgia Piedmont Land Trust
$100,000 - $249,999
$1,000 - $9,999
Michael S. Hudgens
North Gwinnett Schools Foundation
Tammy & Greg Shumate
Stanley & Anita Ward
Mr. & Mrs. Stephen E. Witmer
50-50 Gender Balance
Active Network
Mr. & Mrs. Roy Adams
Tom & Ethel Andersen
Association Collection Services, LLC
Atlanta Braves Foundation
Barefoot in the Park, Inc.
BB&T Charitable Foundation
Marsha & Lucien Bomar
Brand Partners, LP
Douglas G. Bridges
Linda Brewer
Mr. & Mrs. Jason Chandler
Mr. & Mrs. Richard B. Chandler, Jr.
Richard Collier
Council for Quality Growth
Mr. & Mrs. Gerald Davidson Jr.
Delta Zeta
Mark & April Demoss
Edward Ellis
E.R. Snell Contractor, Inc.
Dexter (Butch) Floyd
Ron & Dana Garrard
Mr. & Mrs. Steve E. Gaultney
Georgia Power
Gladiators Foundation for Kids
GNF, Inc
Gwinnett Medical Center
Mr. & Mrs. Dwight Harrison
Lisa Hester-Lynch
Howard Brothers
John J. Howard
Kart Enterprises, Inc.
Daniel & Karen King
Marian M. Lucia
Caryn & Michael McGarity
North Gwinnett High School
Richard R. O’Brien
Prudential Annuities Life Assurance
Jonathan B. Richards
Mr. & Mrs. Forrest W. Robinson
Bill & Sherry Russell
Santec
Janis Sawyer
Derek A. Schwerzler
Socheat Chea, P. C.
Mr. & Mrs. John D. Stephens
Tanya Whitsel Cain Scholarship
Golf Tournment
Telecom Networks Solutions
T. Michael & Sherry Tennant
Tom & Dianne Troncalli
Richard L. Tucker
Wal-Mart Store, Inc.
Wal-Mart Foundation
$250,000 - $499,999
$50,000 - $99,999
Holtkamp Heating & Air
Conditioning, Inc.
$10,000 - $49,999
Thomas L. Abernathy
Brand Mortage Group
Myron & Janice Bullock
Dawson Investments, L. P.
Drop Dead Gorgeous
Herb & June Hamby
The Hudgens Supporting
Foundation, Inc.
Dawson Investments, L. P.
Georgia Piedmont Land Trust
Gwinnett Gladiators Hockey
Paul & Ellen Lopez
Elena Luther
Lance A. Luther
Michael B. Patton
28
$250 - $999
A-Action Bail Bonds
Accu-Tech Corporation
Active Network
Jeff Ackel
Mr.& Mrs. Marvin Allen
Allgood Pest Solutions
Audrey J. Arona
Art Assad
Julie Keeton Arnold
Charles Bannister
Jim Barber
Marshall Barton
Sharon J. Bartels
Houston Bass
Chad Bingham
Gary & Nancy Bivins
Chris Braun
Jim Brooks
Jean K. Bowen
Monica Chandler
Eric & Allison Cape
Mr. & Mrs. Jim Cowart
Brad Day
Mr. and Mrs. L.E. “Sonny” Deavours
DocuTeam
Debbie Doppel
Jim & Paula Dorough
EBS Solutions, Inc.
E2E Benefits Services, Inc.
Thomas M. Ferrin
Gran Quartz
Graybar
Gwinnett Historical Society
Mr. & Mrs. David K. Heydinger
Wayne & Carolyn Hill
Robert Holton
Benjamin B. James
Robert T. Johnson
Judith S. Jordan
Mr. & Mrs. Kevin Kenerly
Jackie Kinlaw
Commissioner Shirley Lassiter
Linc, Inc.
Rebekah E. Long
Darlene C. Lynch
Robert H. Mack
Mr. & Mrs. James J. Maran
Mr. & Mrs. Thomas Martin
Wayne H. & Annette Mason
McDaniel Communications Inc.
Mechanical Equipment
Megan A. Baldwin Memorial
Scholarship Trust
Chad D. Meisner
David B. Mesnick
Miles Group
Roland Moody
Ken Morrow
Len Moser
Charlotte & Michael Nash
NEMA, Inc
Sean & Kara O’Donnell
Charles R. Oglesby
Richard & Elizabeth Patton
Jose R. Perez
Mr. & Mrs. Scott Phelan
Pentair
Larry Rohrbaugh
Gary & Mary Root
Spencer I. Rozin
Russell Corporate Groups, Inc.
Russell Landscape Group, Inc.
Robert J. Russell
Dr. & Mrs. Manfred Sandler
Jamie Self
Robert C. Sheldon, Jr.
Mr. & Mrs. Lou Sobh
Sonal Soni
Michael Smith
Mr. & Mrs. David Snell
Stradis Medical LLC
David & Vickie Still
Sugarloaf Wealth Management, LLC
Summit Systems, Inc.
Tara Fine Jewelry, Inc.
Howard E. Taylor
Mr.& Mrs. Marvin O. Tibbetts
David H. White
Jesse Whitington
James A. Wilbanks
Mr. & Mrs.Virgil R. Williams
Mr.& Mrs. Philip R. Wolfe
York and York, PC
29
OFFICERS
PRESIDENT
Joe McCart
The McCart Group
VICE
PRESIDENT
Tracey Mason Blasi
Tracey Mason Blasi, LLC
SECRETARY
TREASURER
Steven W. Williams
United Community Bank
Stephen K. Hill
SKH Enterprises
Directors
30
Ethel D. Andersen
Andersen, Tate and
Carr PC
Julie Keeton Arnold
Keeton & Arnold
Communications
Ben Boswell, Jr.
Retired
Stacey Britt
WH Britt & Associates
Renee Byrd-Lewis
CISCO Systems, Inc.
Richard B. Chandler, Jr.
Chandler, Britt, Jay &
Beck, LLC
James P. Fleming
Vulcan Materials Company
Thomas P. Hughes
Real Estate Investor
Directors Cont.
Judge Chung H. Lee
Lee & Associates
Judy Fowler Ottley
Retired
Mary Louise Stark
James J. Maran
Gwinnett Chamber
of Commerce
Maxie Price, Jr.
Maxie Price
Chevrolet World
T. Michael Tennant
Alston & Bird, LLP
Wayne H. Mason
Madison Ventures,
LTD
William E. McLendon
Deloitte & Touche,
LLP
Bartow Morgan, Jr.
The Brand Banking
Company
Bill Russell, Ph.D.
Russell Corporate
Groups, Inc.
David M. Seago
Georgia Power Company
William M. Short
Touchmark National
Bank
Richard Tucker
Arlington Capital, LLC
31
Emeritus Board
These Emeritus Directors are gratefully recognized for their service on the Board and for their outstanding contribution as ambassadors
and diplomats on behalf of the Community Foundation for Northeast Georgia.
Robert D. Fowler
Chariman in Perpetuity
Charles R. Brown
Paul A. Duke
John F. Sawyer
Deceased
Alvin Ray
Weeks, Jr.
Deceased
Deceased
Advisory Board
Beauty
P. Baldwin
Patricia
M. Brown
J.D.
Caswell
Donald
Dawson
Thomas
D. Jones
Thomas
H. Morris
Rodger
Naugle
Louise
Radloff
Perry
Tanner
Thomas W.
Wheeler, Jr.
Former Directors
Charles Ackerman
Sylvia Beard
J. W. Benefield
Peter F. Boyce
James F. Brannan
Kenneth Brown
Jim Cowart
Alton Crews
John Leonard Cyphers
Arthur Dana
Clinton M. Day
Duane Davenport
Sonny Deavours
32
Carol Dew
Barbara Dooley
Herbert O. Hamby
Glen Harben
Dennis Hayes
Ed Hays
J. E. Hinshaw, Sr.
Heywood Horton
Mark R. Hudgens
Scott Hudgens
John Johnson
Carole E. Kendall
Jeffrey D. Manry
Bruce Morine
Tom Murphy
Richard Myrick, Sr.
James F. Pack
Nancy Panoz
E. Frances Reese
Forrest Robinson
Stephen Rogers
Thomas H. Rogers III
G. Martin Shaw
Wayne Sikes
Paul Smith
Rankin Smith, Jr.
Taylor Smith
Lou Sobh
Michael Sobh
Leland Strange
Roddy Sturdivant
L. Barry Teague
Gene L. Ussery, Jr.
Jones Webb
Glen S. White
John Wieland
Virgil Williams
Beverly Estafen Director of Finance, Judy Waters Executive Director, Libby Fannin Administrative Assitant,
& Margaret Bugbee, CPA Financial Consultant
The staff at the CFNEG is committed to serving the donors and organizations that have established funds
with us. It is an honor to uphold the charitable legacies of our donors.
Community Foundation for Northeast Georgia
6500 Sugarloaf Pkwy • Suite 220 • Duluth, GA 30097
770-813-3380 • www.cfneg.org
We are proud to be confirmed in Compliance with National Standards for U.S. Community Foundations
About National Standards
They guide sound policies and accountable practices. They build capacity to carry out our missions. They make community foundations
distinctive.
Connecting People who Care with Causes that Matter.
33
The Community Foundation for Northeast Georgia formally established the Professional Advisors Committee (PAC)
in 1999. The PAC, comprised of estate planning, financial and investment professionals, assists the Community
Foundation in increasing the focus on planned charitable giving, as well as provides leadership in promoting future
charitable gifts to organizations and communities in Northeast Georgia. The focus of the PAC members is to
encourage individuals to engage in estate and financial planning. It is the Community Foundation for Northeast Georgia’s
belief that regular and consistent emphasis on planned charitable giving will result in significant future financial
support for charitable causes in our communities. The Professional Advisors group participates in professional
development and donor education events speaking engagements, as well as advising the Foundation of ways to reach
other professionals like themselves, and in turn, their common clientele.
A huge thanks to our Professional Advisory Committee who donate their time and expertise
toward the “Greater Good” of the community.
Mr. Scott Phelan,
CFP - Chair
Investment Representative
Edward Jones
Mr. David L.
Bearchell
CM, Inc.
Douglas G. Bridges,
P.C.
Westbrook, McGrath,
Bridges, Orth & Bray
Mr. David A. Cross,
Wealth Management
Advisor
Merrill Lynch
Mr. Gregory W. Hayes,
Member
Moore Stephens Tiller
LLC
Ms. Wally Kelleman,
Esq.
Kelleman Law Firm, PC
Mr. Doug Langley
Gwinnett Financial
Services, Inc.
Dr. Paul Lopez, EVP
Element Funding
Mr. Adam W. Wilson,
CFP Sugarloaf Wealth
Management, LLC
Mr. Chris Wilson
FSB Legal
Mr. David Still,
President
Capitol Endeavors, Inc.
Not Pictured: Mr. John C Sawyer Alston & Bird LLP
Mr. Greg Shumate
Brand Mortgage Group
34
The Community Foundation for Northeast
Georgia Statements of Financial Position
December 31st 2010 and 2009
2010
2009
Cash and Cash Equivalents
$14,457
$101,763
$14,457
$101,763
$16,754,043
$16,867,971
$127,337
$127,337
$12,588,644
$12,596,591
0
0
$29,484,481
$29,693,662
2010
2009
$0
$ 2,395
$3,087,873
$2,886,918
$0
$223,938
$3,087,873
$3,113,251
$26,406,608
$26,580,411
$29,484,481
$29,693,662
ASSETS
Total Current Assets
Net investments, at Market Value
Real Estate
Investment Partnership/Real Estate
Net Property and Equipment
TOTAL ASSETS
LIabilities and Net assets
Accounts Payable and Accrued Expenses
Agency Endowment Fund Liability
Grants Payable
TOTAL LIABILITIES
NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
Unaudited Financial Statements
35
Community Foundation for Northest Georgia
6500 Sugarloaf Pwky • Suite 220
Duluth, GA 30097
770.813.3380 • www.cfneg.org
Writing Coordination & Research: Beverly Estafen, Libby Fannin & Margaret Bugbee
Graphic Design: Veugeler Design Group, Senior Designer: Sarah Grasso
Photography: Jennifer Stalcup
Print Production: Courtesy of Primerica, a CITI Company