2013 Annual Report - Shasta Regional Community Foundation

Investing in our community
2013 Annual Report
Thank you
Dear Friends,
The 2012-2013 year held many significant achievements for the Community Foundation.
Since our inception in 2000, we have many remarkable stories to tell. Lasting relationships
have been formed with our donors and our nonprofit partners. Opportunities for community
enhancement have been seized and we all benefit from the positive results. Critical needs
have been addressed and collectively we feel a sense of strength knowing that together we
can make a difference.
In February of 2013, the Shasta Regional Community Foundation reached a benchmark
of over $20 million in assets. Celebrating this milestone and our 13th Anniversary as a
Community Foundation was a cherished moment for both our current and past Board of
Directors and Staff. We recognize this would not be possible without the generosity and
support of our donors and the expertise and dedication of our Investment Committee.
In the past year, nearly $3 million was entrusted to us through the establishment of 11 new
funds at the Community Foundation. Our mission of promoting philanthropy by connecting
people who care with causes that matter allowed us to connect with donors and provide a
vehicle for them to achieve their charitable goals. The funds currently held at the Community
Foundation total over 100 individual funds with assets of over $21 million. These funds
address interests ranging from Arts to Education, Health to Animal Welfare and Women and
Families to Veterans. It is our role to assist in turning a passion into a permanent legacy.
As we look to the future of the Community Foundation and the needs and opportunities in our
region, we see a critical need for flexible grant making dollars. The Stewardship Fund will allow
us to be both responsive and proactive in the communities of Shasta and Siskiyou counties.
Our Stewardship Campaign efforts will be at the forefront of our activities in the coming years.
Our success in these efforts relies heavily on the support of our past and future donors.
We believe the Foundation is strategically positioned to grow philanthropy in our region. Our
commitment to you is unwavering and we look forward to working together “for good, for ever”.
Kerry Caranci
Chief Executive Officer
Joe Tallerico
Board Chair
Board of Directors
Back row (L - R): Bill Kohn, Ken Seamans, Dorian Aiello, Jon Halfhide, Bill Haedrich, Dan Ghidanelli
Front Row (L - R): Barbara Cross, DeAnne Parker, Joan Favero, Joe Tallerico, Kerry Caranci,
Evelyn Jacobs, Jim Zauher, Leo Graham. Not pictured: Brian Meek, Mary Rickert
our
Mission
Promoting philanthropy by
our
connecting people who care
with causes that matter.
siskiyou
county
Shasta
county
Stewardship is…
•Ensuring the best possible return on the resources entrusted to us.
•Responding to our communities’ immediate needs.
•Seizing high-impact opportunities.
OUR
vision
Leaving a legacy in your
The Stewardship Endowment Fund at
the Community Foundation is our most
responsive and versatile fund. In 2013 the
Board of Directors and Staff at the Community
Foundation set a goal of increasing this fund
to over $1 million by 2016. This will allow for
discretionary grantmaking on an annual and
ongoing basis.
community now and in the future.
Good stewards do not act alone. The power
of collective giving is the heart and soul of the
Community Foundation.
Funding for the signs in the Madrone Hospice
Volunteer Garden made possible by a grant from
the Community Arts Endowment. Signs created
by local Siskiyou artist Ralph Starritt.
The Liberty Scroll project was made possible by a grant from the
Shasta Regional Community Foundation, Community Building Arts
Initiative. The Liberty Scroll is a continuous, collaborative painting
measuring 54″ tall by 80′ long. It features integrated paintings by:
William Wareham, Ron Richards, Aleksander Balos, Linda Vivas, Ronald
Cooper, Allyson Cordes, Finley Fryer, Liza Woods, Jane Bruck Fryer,
Fred Gordon, Steve Rice, Sean Kenny, Amanda Thomas, Brian Meek,
Don East, Kim Presley, Rajiv Hotek, Roger Davis, and Eloise Larson.
invest
in your
community
Ignite
passion and
opportunity
IMPACT
lives now and
in the future
Stewarding the
Foundation’s Assets
People with passion and dreams can change the world. Let us
help you make your dream a reality. The possibilities start with the
Community Foundation.
grants and scholarships
21,285,013
$
%
Total assets
$19,129,653
elfare – 3
Animal W
6%
Other Assets
e–
tur
$18,815
Cul
Net Property And Equipment
Fiscal Year July 1 to June 30
LIABILITIES AND NET ASSETS
$2,136,545
Community
Enhancement
10%
Community
Health & Well-Being
15%
Women
&
Families
– 5%
Current Liabilities
$21,122,001
Total Liabilities & Net AssetS
Elmer H. Schmidt Christian
Broadcasting Fund (Donor Designated):
Mr. Schmidt lived in rural Adin, California
and enjoyed Christian Radio. He decided his
legacy would be to support Christian Radio
for the benefit of others after his passing.
With the assistance of his financial advisor
Linda Andresen, Mr. Schmidt established a
fund at the Community Foundation to ensure
his assets would achieve his charitable
goals. Since the fund is over $1 million, Ms.
Andresen continues to act as financial advisor
and professionally manage the funds.
Children & Youth
12%
Siskiyou Family YMCA
(Organizational Endowment):
This endowment was created with a gift from
Mrs. Leah McConnell with the intent of creating a
perpetual funding source for the Siskiyou Family
YMCA. In 2013, the cumulative grant dollars
paid back to the YMCA since its inception in
2003 reached the total of the initial gift. This is a
shining example of the power of endowment.
$163,012
Net Assets
*Includes scholarships
in grants awarded
in total contributions
Statement of
Financial Position
po
ati
rt
–
so on &
3%
ur N
ce at
s 2 ur
% al R
eEconomic Vitality
19%
$1,385,828
$
generously donated to the Community Foundation in 2012/13.
ASSETS
up
Education – 25%
3 years
5 years
Current Assets
sS
1 year
2000
$3,466,522
an
cre
Grantees by
Field of Interest
2013
er
Re
s&
Net
Assets
Art
Ve
t
Return on
Investments*
21,285,013
$
*ROI – this portfolio represents approximately 90% of our pooled investment funds*
Donor Advised
32%
The Balma Family Scholarship
(Scholarship Funds):
Rudy and Margaret Balma have been active
philanthropists in the community for many
years. Mr. Balma served on the Board of
Trustees at Shasta High School for 22 years.
During his tenure, the board established
Pioneer High School. In order to provide
additional opportunities for PHS graduates,
the Balma Family Scholarship Fund was
established for Pioneer High School seniors
who will be attending Shasta College.
Scholarship – 5%
Shasta County Student Benefit
Fund (Donor Advised):
The Shasta County Board of
Education established this fund with
the insurance proceeds received as
a result of the damages to Camp
Latieze. The purpose of the fund is to
ensure that the original intent of Camp
Latieze would be permanently secured
for students enrolled in Shasta
County schools. The fund will be
used to provide for science and other
programs that are often compromised
due to budget restraints.
Donor
Designated
8%
%
– .5
ms
a
2%
r
g
nts –
Pro
hip ndowme
s
r
.5%
e
E
d
jects –
Lea zational
al Pro
i
i
c
n
e
a
p
S
Org
Loan Funds
8%
d – 1%
nrestricte
U
Field of Interest – 43%
Types of
Funds
Grants
1.3 Million
Over $
was awarded
to 163 community organizations.
“The grant provided the spark for a renaissance
for our entire school. As our playground was
being built, numerous beautification projects were
instigated by volunteers. Our school opened in
August looking better than it had in years – and
with a wonderful, safe, new playground. Thank you
Shasta Regional Community Foundation.”
~ Barbara Gaskin Houghton, Principal, Metteer Elementary
Redding Rancheria
Community Fund
A-Town Surf Club was
able to purchase new
surfboards and
wetsuits for Anderson
HS club members.
The McConnell Fund
Free the Need was
able to purchase a
new fuel-efficient van
that allowed them to
double their weekly
deliveries of food in
Siskiyou County.
The Burney
Regional
Community Fund
Burney Beautification
for the purchase and
installation of new
landscaping.
The McConnell
Fund
McCloud Elementary
School upgraded its
sound system for
children’s performing
arts programs.
$118,650
in scholarships was awarded
to 63 students from Shasta & Siskiyou counties.
The Community
Arts Fund
Klamath-Siskiyou
Art Center upgraded
equipment for the
ceramic studio.
The Women’s Fund
Restoration Enterprises
helped this woman
with a loan to secure
permanent housing.
Scholarships
“I have a great
appreciation for
what this foundation
values, and many
of my experiences
over the past year
have increased my
passion for rural
health nursing and
the health care field.”
~ Amanda Holscher,
Recipient, Women in
Medicine Scholarship
Austin Carrell
Bill Cosby/Sunrise
Rotary Scholarship
Jennifer Papac
Women in Medicine
Scholarship
Alyssa Leffler
Women in Medicine
Scholarship
Gavin Graham
Top of the State Jr.
Golf Scholarship
Chiem Saechao
William Garcia
Scholarship
Bryce Goldstein
Shasta Natural
Science Scholarship
The Women’s Fund
C onnecting W omen W ho G ive
T o N eeds T hat M atter
The Women’s Fund mobilizes the power of women
through collective philanthropy using a strategy of
education, grantmaking and endowment building to create
a better future for women and their families in the Redding
area. Since 2009, their purpose is to build a vibrant and
engaged membership committed to improving women’s
lives and children’s futures.
• To inspire women to make a difference through
collective giving.
• To raise community awareness of issues affecting
women and families.
• To improve long-term opportunities for women and
families through annual grant making.
• To grow a permanent endowment to support grant
making and community forums.
Leadership Redding
Community
Real Estate
Foundation
Mission Statement To create a well-informed
citizenry dedicated to improving the quality of life in the
Greater Redding Region through civic and community
involvement.
Vision Leadership Redding believes that a vibrant,
caring community is the result of an active, engaged
citizenry. Through education and encouragement to
action, Leadership Redding provides individuals with
an opportunity to develop as community leaders by
connecting them to the people, places, and experiences
of the Greater Redding Region.
The Leadership Redding Program is an awareness and
educational opportunity which serves as a catalyst for
individuals who seek participation in community decisionmaking at all levels in voluntary and governmental
organizations.
The Leadership Redding Class of 2013 project was the
sustainable vegetable garden at the Peterson House,
which is the One Safe Place’s Shelter House.
T he gre atest we a lth i n o u r reg i o n
i s i n o u r l a n d
Gifts of Real Estate
Donations that may qualify:
• House/Condominium
• Apartment building
• Vacation home
• Commercial building
• Farmland
• Undeveloped land
Three ways to donate:
• Give Property Outright
• Establish a Life Estate
• Create a Charitable Remainder or Lead Trust
We can help you turn a low-yield asset into a
high-yield legacy.
Donor Advised
Funds
• Maximize tax savings and simplify charitable giving
• Gain advice and information on local nonprofit
organizations and community needs
• Create a fund that allows you the flexibility to meet needs
and provide opportunities that fulfill your charitable goals
• Share the joys and responsibilities of philanthropy
with your family, with access to professionals who can provide information on local community issues,
opportunities, and resources
• Create a legacy by ensuring your philanthropic interests
will continue in perpetuity
• Establish a named fund or remain anonymous
• Anderson Family Endowmnet Fund
• Andy Allison Scholarship Fund
• Animal Welfare Endowment Fund
• Baker Family
• Big Bike Weekend Community Fund
• Bill Cosby/Redding Sunrise Rotary
Scholarship Fund
• Burney Regional Community Fund
• California Retired Teachers
Association, Division 16 Scholarship
• Cascade Theatre Endowment Fund
• Community Arts Endowment
• Community Scholarship Endowment
• Delta Lambda Chapter Sigma Phi
Gamma Intl Sorority Endowment
• Donna Borlaug Citizenship Award Fund
• Dorris Lions Club Endowment Fund
• Elmer H. Schmidt Christian
Broadcasting Fund
• Evelyn’s Angels
• Foundation for Promoting Arts
Education Fund
• Freeman Family Community Fund
• Fresh Start For Youth Endowment Fund
for Youth Violence Prevention Council
• FWF ‘62 Scholarship Fund
• Gerard Family Endowment Fund
• Glen Hawk Sr. Scholarship Fund
• Higher Education Campaign
• Hjertager Memorial Fund
• Ivy B. Horr Endowed Medical Education
Loan Fund
• Jim Cusick Memorial Scholarship
• Jim Kennedy Memorial River Trail
Special Project Fund
• John and Mae Harrington Fund
• Josephine Taylor Endowment Fund
• Keep Our Flag Flying Fund
• Ken Putnam Choral Music Endowed
Scholarship Fund
• Knodel Family Endowment Fund
• Kohn Family Endowment
• Kohn Family Scholarship Fund
• Lawson Family Scholarship Fund
• Leadership Redding Endowment
• Leadership Siskiyou
• Madrone Hospice House Endowment
• Matt Solus Memorial Scholarship Fund
• Michael James Mangas Endowment
Fund
• Mildred Lucille Driscoll Endowment
• Modoc Medical Center CT Scanner &
Mammography Machine Fund
• Motorcyclists Memorial/Monument
Fund
• Mt. Shasta Athletic Boosters Club
• Mt. Shasta Community Legacy Fund
• Mt. Shasta Memorial Endowed
Scholarship Fund
• National Alliance on Mental Illness
Shasta County Endowment
• North Valley Bank Endowed
Scholarship Fund
• Opportunity Scholarship Fund
• Patricia L. Kimball and David T. Kimball
Fund
• Patricia L. Kimball Endowment
• Ralphs Prather Ranch Fund
• Redding Legal Professionals Assoc.
Jutta B. Spruce Scholarship
• Redding Parks & Recreation
• Redding Rancheria Community Fund
• Redding Rancheria Endowment Fund
• Redding Soccer Park Fund
• River Exchange Endowment Fund
• Schreder Planetarium Special Project
Fund
• Scouting Program Supporters of
Shasta/Tehama/Trinity Counties
• Seamans Family Endowment
• Sellers Freeman Fund
• Shasta Community Health Center
Endowment
• Shasta Conservation Fund Open Space
Preserve
• Shasta County Child Abuse Prevention
• Shasta Natural Science Scholarship
• Siskiyou Family YMCA Endowment
• Siskiyou Jr. Golf Fund
• Spencer Enochian Memorial Fund
• Stewardship Endowment Fund
• Swim Redding Organizational
Endowment Fund
• Tauhindauli Park Endowment Fund
• The McConnell Fund
• Treber-Duncan Fund
• Tulelake Community Fund
• United Methodist Church of Yreka
Youth Endowment
• Veteran’s Cemetery Endowment Fund
• Whiskeytown Environmental School
Special Project Fund
• William C. Garcia Scholarship Fund
• Women in Medicine Scholarship Fund
• Women’s Endowment Fund of Redding
• Women’s Health Specialists
Endowment Fund
• Wright Choice Family Endowment
• Youth Philanthropy Fund
Kerry Caranci – Chief Executive Officer
Raiann Wilson – Chief Financial Officer
Jennifer Powell – Development & Program Officer
Jill Harris – Development & Communications Officer
Amanda Hutchings – Program Officer
Miriam Leal – Administrative Assistant/Office Manager
Redding Office:
1335 Arboretum Drive, Suite B
Redding, CA 96003
(530)244-1219 • Fax: (530)244-0905
Siskiyou Office • (530)842-1122
Email: [email protected]
New Funds established in Fiscal Year 12/13
The Balma Family Scholarship Endowment Fund
Kelly Moravec Academic Encouragement Scholarship Endowment Fund
North Valley Medical Association Alliance Endowment Fund
www.shastarcf.org
Donate Online and
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North Valley Medical Association Alliance Community Health Grant Fund
Owens Healthcare Community Fund
Save the Burney and Fall River Theaters Special Project Fund
Shasta County Board of Education Student Benefit Fund
Top of the State Scholarship Endowment Fund
Confirmed in Compliance with
National Standards for U.S. Community Foundations