2012 Annual Report - Yampa Valley Community Foundation
Transcription
2012 Annual Report - Yampa Valley Community Foundation
Ya m p a V a l l e y C o m m u n i t y F o u n d a t i o n 2 0 1 2 A n n u a l R e p o r t Whatever your passion, we know a worthy cause. JUST GIVE 1 Dear Friends, Thanks to so many of you who care deeply about Northwest Colorado, the Yampa Valley Community Foundation (YVCF) was able to increase its support to many nonprofit organizations in our community in 2012. At YVCF our primary objective is to “connect people who care with causes that matter.” Even as the economy continued to present challenges, our organization was able to increase the dollar amount of grants thanks to our Donor Advisors, the Steamboat Ski & Resort Corporation and an estate gift from lifetime resident Gloria Gossard. Gloria’s legacy of giving will live on in this community because of a granting endowment fund created by our Board of Trustees in Gloria’s name. In addition, YVCF received a gift from the Sam and Melissa Warner Foundation to establish an endowed scholarship fund. This wonderful gift will allow the Community Foundation to award two renewable $2,500 scholarships to graduating students from Steamboat Springs High School each year. Lastly, we wish to extend our deepest appreciation to the Steamboat Ski & Resort Corporation for their continued support of the Yampa Valley through the Passport Club. Proceeds from this program generously make grants to the community and support the operations of YVCF. Our many thanks to Chris Diamond and his team at Ski Corp. To those of you who have supported us, thank you. To those of you who want to make a difference in our community, we invite you to join us! Thanks to all! John Kerst Board Chairman 2 Mark D. Andersen Executive Director Experts in Philanthropy At the Community Foundation we are experts on local philanthropy and can assist you in making strategic decisions about how to make the most positive impact with your dollars. We partner with individuals, organizations and businesses to promote thoughtful, specialized charitable giving. Our Board of Trustees is comprised of community leaders who can identify emerging challenges in the valley and energize local philanthropists to help build a healthy and vital community. The Community Foundation’s staff understands the needs of the Yampa Valley. The staff works closely with local nonprofits to improve community life and recommend where donors can make a gift that has the most impact. Whatever your passion, we know a worthy cause. One of our core strengths is professional investment management of the funds donors entrust to us. Investments are managed by Colorado Bank and Trust, in conjunction with oversight from our investment committee. The Community Foundation has been confirmed in compliance with The National Standards for Community Foundations. The program requires community foundations to document their policies for donor services, investments, grant making and administration. National Standards has established legal, ethical, effective practices that increase donors’ comfort level when starting a fund at the Community Foundation. Photo: John F. Russell The Community Foundation is here to help you with your current and future giving. Let us know how we can help. 3 Passport Club For the past 17 years, the Steamboat Ski & Resort Corporation (SSRC) has generously donated 80 ski medallions each winter to the Community Foundation’s Passport Club. Membership includes either one transferable medallion or two season ski passes to the Steamboat Ski Area, members only locker room in Gondola Square, convenient parking, four days of skiing each at Winter Park and Copper Mountain, discounted Friends and Family passes, First Tracks vouchers, summer gondola use and invitations to Community Foundation events. Funds generated from the Passport Club help provide for the operations of the Community Foundation as well as support SSRC’s contributions to the Community Grant cycle. We are unique in that we encourage our members to actively follow and participate with the nonprofits that their membership supports so they can really see the impact they make through membership. A Passport Club membership is a great way to simultaneously support the community and enjoy the benefits that the Steamboat Ski Area provides. Beth and David Foster have been Passport Club members for six years: “We were honored this winter to participate in a STARS (Steamboat Adaptive Recreational Sports) day which allowed us to interact with a challenged young woman and her family during a day of skiing. The family could not say enough positive things about the STARS program. In fact, they had returned to Steamboat versus other resorts with similar programs because they felt that their daughter got a superior experience here in every way. We came away exhilarated by our experience and pleased to know that Yampa Valley Community Foundation and Steamboat Ski & Resort Corporation are supporting such a great organization.” - Beth and David Foster 4 Passport Club Membership Anniversaries Black Diamond Memberships OVER 15 YEARS Russ and Shine Atha Chris and Gretchen Atwell B & K Distributing, Inc. Bear Claw Condominiums Paula Cooper Black Tim and Janet Borden Kyle and Elyse Craig Rick Erb Beth Findell Chapman and Kendall Geer Linda Jensen Hamlet Martin T. Hart David and Liz Kennedy Chris and Suzi Nyby Betsy Searle Scotty Searle Steamboat Pilot Steamboat Resorts Vernon and Naomi Taylor TIC - The Industrial Company SSRC generously tailored benefits for up to five members who are not using the regular benefits of the Passport Club but can share some benefits with family and friends. These families still wish to support YVCF and the nonprofits receiving grants through their Passport Club membership. OVER 10 YEARS William and Kris Bensler Peggy Berglund Jerry and Kathy Craig Michael and Sara Craig-Scheckman John and Leslie Dorman Hank and DJ Edwards Matthew and Anne Hamilton Terry Huffington and Ralph Dittman Alfred and Susan Kahn Jeanine Keating Jim Kelley and Amie Knox Jim and Susan Larson Verne and Nancy Lundquist Jim and Wendy McCreight Judy Odom Isabel V. Sawhill John Smith and Gail Ward Michael and Carol Staenberg Steamboat Motors Bill and Toni Thomson Dorian Welch and Laurie Erb Jeff and Jean Wolf Alvin and June Wolff “The new Black Diamond Club is the perfect option for us. Through the generosity of the Ski Corp, we can still support the Passport Club and all it does for the Yampa Valley, and still have mountain privileges for friends and family. A win-win!” - Jim and Susan Larson For information about Passport Club please call 970.879.8632 or email [email protected] 5 Scholarship Grants The need for scholarships is greater than the available resources. As tuition continues to rise, financial support from scholarships becomes even more vital. The Yampa Valley Community Foundation has 20 active scholarship funds to help our local youth finance their education. In 2012, the Yampa Valley Community Foundation gave $102,000 to 88 local students. The Yampa Valley Community Foundation believes that higher education is the key to future success for individuals and our community and honors the area’s youth for their academic and athletic success in addition to their community involvement. We assist dozens of students each year as they strive to attain their educational goals. Thank you to the donors who make these awards possible. Together we can continue to provide opportunities and share in students’ success. If you are interested in starting a Scholarship Fund or learning more about how to apply, please call the Community Foundation at 970.879.8632, or email [email protected] for more information. Sam and Melissa Warner Scholarship Fund In 2012, the California based Sam and Melissa Warner Foundation established an endowed scholarship fund at the Yampa Valley Community Foundation with a gift of $325,000. Melissa spent her childhood in Steamboat Springs during the 1930’s and wanted to give back to the youth of the community. Each year, two graduating students from Steamboat Springs High School will be awarded $2,500 based on academic and extracurricular activities, as well as financial need. Applicants could receive up to $10,000 over four years as the scholarship is renewable thanks to the generosity of the Warners. 6 Giving Circles A Giving Circle is a group of people who come together, pool tax-deductible charitable donations and make collective decisions about where to grant their money within the community. Giving Circles offer members a chance to learn more about community issues in an active, team approach to philanthropy. The Yampa Valley Community Foundation provides administrative and financial services to the Giving Circle. IMPACT 100 Over the past seven years IMPACT100 has raised over $78,000 supporting 27 different local nonprofit organizations. IMPACT100 started when members of the Board of Trustees of the Yampa Valley Community Foundation sought to attract a young, dynamic section of the community to charitable giving. The concept is simple: 100 people donate $100 and collectively make an impact with a grant of $10,000. Since 2006, members attend four social events each year, held at members’ homes or local venues. At each year’s fall kickoff, members select four local nonprofits to learn more about in the coming year. At the next two events, representatives of the nonprofits give a short presentation on their programs. At the final spring event, IMPACT100 members vote, and the money is granted to the selected organizations where the funds will make the greatest impact. 7 Women’s Giving Circle Paula Cooper Black and Roberta Gill invited their friends over for lunch to introduce them to Giving Circles, a concept with which they had both been involved in the past. Collectively their group could make larger grants by pooling their gifts, and everyone was enthusiastic about the idea and being involved. The Community Foundation gave the group options and strategies on how to give and how to grant the pooled donations and established the Women’s Giving Circle Fund. Each member donated a specified amount while the Community Foundation worked with local organizations to identify immediate needs. Each member participated in the decision making process via a survey with rankings, and the Fund was able to make two impactful grants. The first was to Lift-Up to assist an elderly, disabled woman with mandatory upgrades to her electric meter in her aging home; and the second grant was to Habitat for Humanity to replace a boiler in a home with a new baby as part of their Brush With Kindness program. One project that did not receive funding, purchasing a child defibrillator for a local Day Care Center, touched one of the members so much that the individual wrote a personal check to ensure the request was funded. Word spread about the success of the Giving Circle and, in summer 2013, the group will expand with new members. The group includes long time and part time Yampa Valley residents from all walks of life and experiences, and they all enjoy the opportunity to meet new people and learn about what is happening in the community. The group plans to keep a portion of the pooled gifts in the Women’s Giving Circle Fund so it will grow over time and be an endowment fund for nonprofits in the future. 8 Turkey Bowl Andy Picking and Chris Paoli organized a group of 28 local football fanatics to play in the snow on Ski Town Fields Thanksgiving Day. The goal was to have fun and raise money for local nonprofits. Each player paid $100 to play, totaling $2800 which was divided evenly and granted to Horizons, STARS and Hospice. Andy said it was the third year of the football event and that the group “would now like to make a Turkey Bowl legacy” by establishing the Turkey Bowl Fund with the Community Foundation. As a young boy in Johnstown, Pennsylvania, Andy’s father started Thanksgiving Day Turkey Bowl with his friends in a neighborhood backyard. Those players were in their 30’s at the time and now the tradition has extended into the next generation. Johnstown claims it as one of the city’s longest running Thanksgiving Day traditions. Andy still has friends in Johnstown that play in the event, just as their fathers did. While the Johnstown Turkey Bowl donated primarily to the Easter Seals of Western Pennsylvania, Andy decided to model the concept here in Steamboat and award proceeds to local nonprofits. Andy states,“We do so much really cool stuff in Steamboat, but with our playground of biking, skiing and so on, we seem to have stepped away from traditional athletics. The Turkey Bowl brings the boys back to their roots. We are just a bunch of guys having fun playing football and trying to make a few bucks to help out local people, just like our fathers did.” If you are interested in Giving Circles or how to maximize the impact of your charitable contributions, please give us a call at 970.879.8632 or email [email protected]. We look forward to hearing from you! Photo: Matt Stensland 9 New Donor Funds The following are two examples of how the Community Foundation has connected people who care with causes that matter. Both of these new Donor Advised Funds have made immediate impact in our local community. Challenge Fund Sam Jones and a group of parents were concerned about the impact of declining revenues on the elementary schools. Sam approached the Community Foundation in 2011 to establish the Steamboat Springs Elementary School Challenge Fund. This group embarked upon an aggressive fundraising campaign and raised over $50,000 last year and is on track to do the same this year. A committee of parents and school representatives reviews requests submitted by teachers that will specifically develop 21st century skills and boost academic achievement. Already, these grants are showing a direct positive impact on students and teacher effectiveness in the classroom. A Challenge Fund movie is in production to show and tell the many ways that Challenge Fund money is being put to work. Twelve local businesses have also supported the effort through the Challenge Partners program. Grants awarded from the fund in 2012 include: sschallengefund.com • Kelso’s Choice - a conflict resolution program for Grades K-5. • Mindful Life Training - provides tools and strategies for teachers to use with students to manage stress and maximize their learning. • America’s Battle of the Books - a reading incentive program to encourage all students to read books and have fun while competing with peers. • Second Grade Collaboration with Doak Walker Extended Care Center - 2nd grade students will create an art project alongside the residents of the Center, encouraging the residents to participate as they are able. 10 Finney Fund When local artist Jack Finney passed, his family established the Finney Legacy Fund at the Community Foundation in his memory. Jack was known best for his lifelike bronzes of Billy Kidd in Gondola Square, Buddy Werner at the top of Storm Peak, Doak Walker at Doak Walker Care Center and Hazie Werner at Thunderhead. The Community Foundation worked closely with the Finney family to identify a worthy project that matched his passions of arts and youth. As a result, the Jack Finney Memorial Gallery was created at the Steamboat Springs High School. The gift from the Finney Legacy Fund allowed the school to build a permanent place to showcase the artistic talents of our local youth. High School Principal Kevin Taulman is very proud of the new space and the collaboration with the Finney family. Once the structure was initially completed, it was determined the gallery needed more area. With the help of the Finney Legacy Fund and the Finney family, it was expanded to the size it is today. “This unique structure is now a permanent part of the building and will be there for generations to enjoy which makes it special. Athletic trophies usually adorn the hallways of high schools, but with our students artwork brought forward to main area; it is a unique and wonderful place.” 11 Making Giving Easy Making giving easy is a goal of the Community Foundation. Donors can designate their gift for particular programs or for unrestricted funds. Types of funds include: Field of Interest Granting Funds Field of Interest Funds allow you to support organizations and programs that satisfy your personal interests. The Community Foundation has separate endowments that support Arts and Culture, Education, Environment, Health and Human Services and Recreation. The Yampa Valley Community Foundation understands that charitable giving is unique to each individual donor; that is why we offer a variety of ways to make a contribution. Giving options include cash, securities, life insurance, retirement accounts, real estate, charitable remainder trusts, and bequests. We will work closely with you to develop a plan that meets your needs and interests. 12 YVCF Trustee Operating Endowment The endowment increases our long-term capacity to serve donors, nonprofits and the Yampa Valley. Our goal is to continue to build an endowment to help secure our organization’s future in the valley. Donor Advised Funds Donor Advised Funds offer the opportunity to create an easy to establish, low cost, flexible vehicle for charitable giving. The Community Foundation assists Donor Advisors by maintaining fund records, researching potential grant recipients, connecting donors with local nonprofit organizations and ensuring that distributions are made to qualified tax-exempt organizations. We also offer Memorial Funds which operate like Donor Advised Funds, yet are named in a loved one’s memory. As with all funds, gifts can be made to the fund by anyone at any time. Designated Funds Designated Funds are created to support one or more organizations specified by the Donor. Distribution from the Fund may provide general benefits to a particular organization or a specific program or project of the organization. Scholarship Funds The Community Foundation scholarship program brings together students in need and individuals who care about education. Scholarships, which enable more students to reach their educational goals, may be directed to a specific school or field of study. Supporting our Nonprofit Community Currently over 200 nonprofits serve our valley enhancing our cultural opportunities, providing vital services and acting as stewards for our environment. The Community Foundation supports local nonprofits in several ways. Grants The Community Foundation offers the Community Grant cycle for local nonprofits to request funds. Grant proposals are reviewed by our Grants Committee comprised of Board Members and community volunteers. Grants are awarded for innovative projects and programs which demonstrate progress towards achieving community goals. Endowments Nonprofits can establish an endowment fund that can help provide financial resources for the future of their organization. Endowment funds are professionally managed and pooled for long-term investment. Cooperating Collection The Community Foundation houses the Cooperating Collection - a free lending and resource library and a powerful grant database. Use of this resource assists nonprofits to obtain information and resources regarding additional funding from a wide variety of sources. Workshops and Seminars YVCF hosts workshops and seminars on various subjects throughout the year to increase nonprofit management knowledge and success. “The YVCF helped my organization, BookTrails, frame our mission to be a good candidate for grants and community support. I feel that YVCF is a helping hand in our community of non-profits, always available to give advice, look over grant materials, and help make connections between organizations. BookTrails has benefited greatly from the presence of YVCF in our development and I’m grateful to have them as a resource for whatever I may need.” - Emily Krall, Director of BookTrails, an environmental reading and writing program. “I have to say that getting to know the people over there at YVCF has been one of the most energizing contacts since moving here. I am really appreciative.” - Joan Lazarus, Executive Director, Perry Mansfield 13 Grant Dollars In Action The Yampa Valley Community Foundation funded 47 grants totaling over $163,500 during the 2012 Community Grant cycle. The success of the grant rounds is due in large part to the generosity of Donor Advisors, the Gloria Gossard Memorial Endowment and support from the Steamboat Ski & Resort Corporation’s Charitable and Environment Funds. In the past 16 years the Community Foundation, with support from our donors, has granted over $10,000,000 for community initiatives and to local nonprofit organizations. 2012 Community Grant recipients were: Arts and Culture Emerald City Opera.............................................................................World Premier Friends of Crossan’s/Historic Routt County...............................Capital Campaign for Historic Preservation in Yampa Perry-Mansfield Performing Arts Camp.....................................General Support of School and Camp Seminars at Steamboat.....................................................................10th Anniversary Season Support Steamboat Art Museum...................................................................American Watercolor Society Traveling Exhibit Steamboat Symphony Orchestra.................................................General Operations Strings Music Festival.........................................................................Strings School Days Outreach Education Hayden School District......................................................................Theatre Curtains for Auditorium Moffat County United Way..............................................................Connections 4 Kids Imagination Library Family Development Center...........................................................Parent as Teachers Friends of Moffat County Education............................................Education Initiatives in Moffat County Rocky Mountain Youth Corps.........................................................Service Learning Institute South Routt School District.............................................................Hands-In Community Involvement Project Steamboat Springs School District..............................................AmeriCorps Mentor Program Animal Assistance League of Northwest Colorado ..............Humane Youth Education Program Sunset Elementary School...............................................................Intergenerational Program Education 14 Environment Born Free Animal Rehabilitation...................................................Repair of Fences, Pens, and Barns Community Agriculture Alliance..................................................Program and Operational Support Yampa Valley Sustainability Council............................................Recycling, Zero-Waste and Educational Initiatives Yampatika...............................................................................................Environmental Education Friends of the Yampa.........................................................................Yampa River Management Plan Health and Human Services Advocates Building Peaceful Communities.............................Latino/Immigrant Outreach Program Boys & Girls Clubs of Northwest Colorado................................Club Operating Support First Impressions..................................................................................Special Hardship Fund Girl Scouts of Colorado.....................................................................Recruitment Events for Routt and Moffat Counties Healthcare Foundation for the Yampa Valley...........................Cancer Services Administration Heeling Friends....................................................................................Animal Assisted Therapy Humble Ranch Education & Therapy Center............................Mini Camp Support Integrated Community.....................................................................Resource and Referral Program Love Inc. of the Yampa Valley..........................................................Emergency Housing Program Moffat County Human Service Volunteers...............................Transportation Assistance Northwest Colorado Visiting Nurse Association.....................Aging Well Northwest Rocky Mountain CASA...............................................Advocate Support for Abused Children Partners in Routt County..................................................................Lunch Partners Program Steamboat Springs Pregnancy Resource Center...................Earn While You Learn Program Yampa Valley Autism Program.......................................................Peer Mediation and Intervention Program Routt County Council on Aging....................................................Senior Transportation Services Routt County Department of Human Services.......................Routt County Bridges Out Of Poverty Recreation Emerald Mountain Partnership.....................................................Operational Support and Projects SOS Outreach........................................................................................Youth Development Curriculum 15 Philanthropist of the Year The Philanthropist of the Year Award was established in 1998 to heighten visibility of giving in the Yampa Valley. The award honors an individual, business and youth who have exhibited significant charitable giving, insightful leadership and volunteerism, and who encouraged others to contribute by example. The Community Foundation presented the Philanthropist of the Year awards at the 2012 “Celebration of Philanthropy.” The 2012 award recipients were: Verne and Nancy Lundquist Individual Philanthropists 16 Jake Barker Youth Philanthropist Native Excavating Ed and June MacArthur Business Philanthropist Philanthropist of the Year - Past Recipients Individual YouthBusiness 1998 Gloria Gossard N/A Steamboat Ski & Resort Corp. 1999 Audrey and Bob Enever Nathan Proper TIC - The Industrial Company 2000 Eileen and Don Lufkin Emerald City Youth Wells Fargo Bank 2001 Joy and Denny Swanson Maggie McElhinney Steamboat Pilot/Today 2002 Lyman Orton Jeff Fowler Steamboat Motors 2003 Poogie and Steve Dawes N/A Sheraton Steamboat Resort 2004 Susan and Jim Larson Tucker Louthan Alpine Bank 2005 Patty and John Kerst Chantel Gregory B&K Distributing 2006 Patti and Pres Askew Katie Matteo Steamboat Resorts 2007 Donna and Rick Garth Nick Labor Prudential Steamboat Realty 2008 Mary Brown Megan Hanrahan Smartwool 2009 Tim and Janet Borden Kayleigh Esswein Holiday Inn 2010 Sara and Michael Craig-Scheckman Austin Ritzel Steamboat Restaurant Group 2011 Steve and Pam Williams Anna Poirot Central Park Liquor 2012 Verne and Nancy Lundquist Jake Barker Native Excavating 17 Audit - 2012 Financial Highlights Assets Cash and Cash Equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . $935,447 Investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,097,400 Prepaid Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,410 Pledges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $125 Fixed Assets less Accumulated Depreciation. . . . . . . . . . . . $2,723 Other Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,983 Total Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,052,088 Liabilities and Net Assets Accounts Payable and Accrued Expenses. . . . . . . . . . . . . . . $6,138 Funds Held for Other Agencies . . . . . . . . . . . . . . . . . . . . . $1,492,432 Total Liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,498,570 Temporarily Restricted Assets. . . . . . . . . . . . . . . . . . . . . . . . . $422,756 Unrestricted Net Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,130,762 Total Net Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,553,518 Total Liabilities and Net Assets. . . . . . . . . . . . . . . . . $9,052,088 18 Revenue and Support Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,894,292 Passport Club Program (Net). . . . . . . . . . . . . . . . . . . . . . . . $338,015 Increase in Value of Invested Assets. . . . . . . . . . . . . . . . . $697,144 Interest and Dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $194,567 Other Contributed Goods and Services. . . . . . . . . . . . . . . $7,921 Total Revenue and Support. . . . . . . . . . . . . . . . . . $3,131,939 Less Agency Income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ($748,836) Revenue Available for Programs & Services. . . $2,383,103 Programs and Services Grants Awarded. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $917,925 Agency Disbursements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $459,233 Supporting Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $321,953 Total Expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . $1,699,111 Less Agency Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . ($714,567) Expenses for Programs and Services . . . . . . . . . . . $984,544 Change in Net Assets. . . . . . . . . . . . . . . . . . . . . . . . $1,398,559 Leadership Board of Trustees John Kerst Chair J. Edwin Hill Emeritus Jim Bronner Vice Chair Paula Cooper Black Emeritus June MacArthur Vice Chair Adonna Allen Dana Tredway Secretary/Treasurer Tammie Delaney Chris Diamond Ron Krall Gary Neale Pam Vanatta Elyse Craig Dave Wierman Laura Cusenbary Staff (left to right) Mark Andersen, Executive Director Heidi Walker, Office Manager Erin Davis, Grants Manager Tarsha Ebbern, Communications and Donor Relations Ann Barbier, CPA, Finance Director If you are interested in becoming involved with or would like more information about our programs please give us a call at 970.879.8632 or email [email protected]. We look forward to hearing from you! Confirmed in Compliance with National Standards for U.S. Community Foundations 19 Connecting People Who Care with Causes That Matter P. O . B o x 8 8 1 8 6 9 Steamboat Springs, CO 80488 970.879.8632 • yvcf.org 20