2015 Annual Report - Flathead Community Foundation

Consolidated Funds
Sta t e m e n t s o f F i n a n c i a l Po s i t i o n
As of December 31, 2015
As of Period Ended:
Total Assets
% Growth
Dec-14
$ 965,594
FOUNDATION FUNDS
Dec-15
$ 1,091,026
13.0%
Thanks to your generosity, 2015 was the Flathead Community Foundation’s
greatest giving year yet - $375,000!
As of
December 31, 2015
Consolidated
ASSETS
CASH & CASH EQUIVALENTS
Cash and Cash Equivalents
TOTAL CASH & CASH EQUIVALENTS
INVESTMENTS
DA Davidson Money Market Pool
DA Davidson Investment Pool
TOTAL INVESTMENTS
OTHER ASSETS
Accured Distribution and Administrative Fees
TOTAL OTHER ASSETS
$
$
266,854
266,854
$
$
$
138,324
669,073
807,397
$
$
16,775
16,775
$
1,091,026
LIABILITIES & FUND BALANCE
Accounts Payable and Other Liabilities
Deferred Gift Annuity Liability
TOTAL LIABILITIES
$
$
$
19,664
8,019
27,683
FUND BALANCE
$
1,063,343
$
1,091,026
TOTAL ASSETS
TOTAL LIABILITIES & FUND BALANCE
Executive D i r e c t o r
Lucy Smith
Director o f O p e ra t i o n s
Lisa Schnee
Board o f D i r e c t o r s
Mike Smith, President
Gina Benesh, Vice President
Ty Weber, Treasurer
Melinda Morton, Secretary
Marc Lorenzen
Jeffrey Lewis
Heidi Escalante
Jim Rafferty
Clint Ekern
Our community projects raised $225,000 for local nonprofit organizations and charitable causes, while donor
advised and community funds awarded grants totaling more than $150,000.
M e s s a ge f ro m the Treasurer, Ty Weber:
The year 2015 proved to be a very successful next step in the Flathead Community Foundation’s
evolution. While remaining fiscally neutral, our operating fund made two large investments in our
organization’s growth. We engaged a new service which provides specialized, best practice community
foundation accounting and fund management. With our increased activity the need arose to bring on
a second staff person to support the extensive work of our executive director. Our FCF Board is proud
of our conservative stewardship of the funds entrusted to us by our donors and nonprofit organizations
making it possible for FCF to proactively meet the needs of our community.
Thank you for the confidence you’ve placed in us!
Abbie Shelter Endowment
Anonymous Funds (3)
Aurora Borealis Endowment
CASA for Kids Endowment
Charitable Bequests (2)
Child Bridge Endowment
Crown Choir Fund
FCF Directors & Officers Fund
Flathead Endowment Fund
Flathead Food Bank Endowment
FVCC/NpDP Fund
Foys to Blacktail Trails/Herron Park Endowment
Glacier Symphony & Chorale Endowment
Haring-McSweeney Charitable Endowment
Heberling Charitable Endowment
Hockaday Museum of Art Endowment
Hockaday - Dr. Van Kirke Nelson Fund
Humane Society of NW MT Endowment
Kalispell Boulder Project
Kalispell Golf Association
The Lighthouse Fund
McGarvey Family Charitable Endowment
Mike Downes Youth-in-Need Fund
NWMT Forest Fire Lookout Association Endowment
Patyk Chariable Annuity
Paws to Play Dog Park Project
Peterson-West Scholarship Fund
Robert and Carol Hermes Fund
Rolfing Family Fund
Sunburst Foundation Endowment
The Sustainability Fund
Women Who Wine Charitable Fund
EVERYONE CAN BE
A PHILANTHROPIST.
F LATHEAD COMMUNITY FOUNDATION
M e s s a ge f ro m t h e P r e s i d e n t , M i ke S m i t h :
I want to thank all of Flathead Community Foundation’s generous donors and
community partners for your continued confidence and sustaining support of our
essential mission: to maintain and enrich our quality of life in the Flathead
Valley, now and forever.
Thanks to you, our Flathead Valley will always be the last best place.
More than a billion dollars of hard-earned wealth will leave the
Flathead Valley in this decade; but thanks to your generous planned
and endowed gifts, the fruits of your lifetime labor will support the
community and causes you love forever.
Your community foundation is here to create opportunities for community
growth and advancement. FCF also seeks to provide stability and security during
challenging times. With the Flathead Community Foundation’s planning resources
and your generosity, we can address present needs and prepare for the demands that
our community will face in the future.
Your gift to our future through the Flathead Community Foundation helps ensure the
health and well-being of our community — a community deserving of preservation.
Extend your charitable support to make a lasting impact. Many gifting vehicles are
available to provide an individual arrangement for you. We are here to help. Please
call us to discuss how we can work together to help the Flathead Valley.
F LATHEAD COMMUNITY FOUNDATION
Mailing ~ PO Box 1422 Kalispell, MT 59903
Physical ~ 345 1st Avenue East Kalispell, MT 59901
Phone ~ 406.756.9047
Fax ~ 406.752.7124
Visit our website at www.flatheadcommunityfoundation.org
2015
ANNUAL
REPORT
The Flathead Community Foundation is here to help you create
your charitable Legacy. Our familiarity with local nonprofits and
knowledge of the Montana Endowment Tax Credit will maximize
your giving impact and meet your financial goals.
Healthy, safe, and vital communities don’t just happen. They
happen because people like you care. It takes a Valley to preserve
what matters most. We are honored to serve you.
Thank you for giving back to the place you love.
YOU MAKE THE DIFFERENCE.
Women Who Wine of the Flathead (WWWF) brings
women of all ages together for social and professional
networking, and to learn about and support charitable
causes in the Flathead Valley. Membership is open
and requires only a modest monthly contribution.
Volunteers take turns serving as hostess and selecting
the month’s nonprofit beneficiary.
WWWF founders Laura O’Connor, Darla Harmon,
and Katy Croft conceived the idea and consulted the Flathead Community Foundation to establish
a charitable fund. FCF awarded a matching grant to assist WWWF during its first year (2014). The
women easily doubled their monthly fundraising goals on their own, and in 2015 awarded grants
totaling $24,000.
Women Who Wine is a shining example of the impact of giving together, pooling resources to
positively impact thousands of lives.
Learn more about Women Who Wine at www.flatheadcommunityfoundation.org
The Flathead Community Foundation provides
education, information, and networking
for the benefit of Northwest Montana
nonprofit organizations through the programs
and resources of the Flathead Nonprofit
Development Partnership.
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The Flathead Nonprofit Development Partnership (NpDP) provides educational programs, information resources, and
networking opportunities to improve the effectiveness of nonprofit organizations in northwest Montana
Since 2008, NpDP has served 406 organizations and 1,148 individuals
Last year, 268 nonprofit leaders from 50 organizations attended vital nonprofit management education
Over 650 nonprofit leaders receive valuable nonprofit management resources and information through our eNewsletter
Flathead Community Foundation proudly empowers our local Flathead Valley nonprofit organizations to pursue and realize
their vital missions.
2015 GRANTEES
Abbie Shelter
Alpine Theater Project
Ballet X
Big Brothers Big Sisters
Big Sky Alive
Bigfork Public Schools Food Program
Cancer Support Community
Care Farm Challenge
Center for Restorative Youth Justice
Child Bridge
Citizens for a Better Flathead
Community Action Partnership
Conrad Mansion Museum
Crown Community Choir
Discovery Developmental Center
DREAM
Enduring Waves Foundation
Family Friendly Flathead
Farm Hands Senior Food Program
Flathead High School Scholarship
First Night Flathead
Flathead Audubon Society
Flathead CARE
Flathead Community Foundation
Flathead Fat Tires
Flathead Food Bank
Flathead Land Trust
Flathead Lutheran Bible Camp
Foys to Blacktail Trails
FVCC Foundation
Gateway Community Center
Give Local Flathead
Glacier Institute
Glacier National Park Conservancy
Glacier Symphony & Chorale
Good Grief Camp
Grocery Delivery Program
Heart Locker
Hockaday Museum of Art
Imagine If Library Foundation
Intermountain Children’s Services
Jeweled Heart Ranch ‘n Rescue
Kalispell Boulder Project
Kalispell Education Foundation
Kalispell Golf Association
Kila Community Park
Lighthouse Christian Home
MEIC
Montana Food Bank Network
Montana Human Rights Network
Montana Public Radio
MT Wild Wings Recovery Center
Montana Wilderness Assoc
Montana Wildlife Federation
Montana Woman Foundation
Moving Forward
Museum at Central School
MWA Flathead-Kootenai Chapter
Neighbors in Need
NpDP
Nurturing Center
NW Healthcare Foundation
NWMT Forest Fire Lookout Assoc
NWMT Head Start
NWMT Literacy Center
NWMT Veterans Stand Down
Paws to Play Dog Park Project
Salvation Army
Samaritan House
Share Your Voice Foundation
Sparrow’s Nest
Student Assistance Foundation
Sunburst Community Service
Swan Eco-Center
Swan View Coalition
Tamarack Grief Resource Center
Teens in Crisis
Western Environmental Law Center
Whitefish Legacy Partners
Whitefish Theatre Company
Youth with a Mission (YWAM)
WE MAKE IT HAPPEN.
Give Local Flathead is a 24-hour crowdfunding event designed
to empower every person to give back to their community by
supporting the organizations they trust to tackle our most pressing
needs. The annual event celebrates “hometown philanthropy,”
engages new and younger donors, and brings increasing awareness
to local nonprofits and their invaluable services.
“Flathead Valley residents opened their hearts and pocketbooks to
raise more than $70,000 during the inaugural Give Local Flathead
campaign on Tuesday . . . a sizable amount of money to generate in just one day and a clear message that philanthropy is
alive and well in the Flathead. All of the many donors deserve our heartfelt gratitude and thanks.
The Flathead Community Foundation organized the fundraiser along with Northwest Montana United Way as a convenient
opportunity for people to donate to roughly 60 eligible nonprofits.
We have no doubt that next year’s Give Local Flathead campaign will build on the momentum generated during the first 24hour blitz. It’s been said many times, but bears repeating that Flathead folks are some of the most generous people around.”
~Daily Inter Lake editorial, Wednesday, May 6, 2015
The Kalispell Boulder Project – a Flathead Community Foundation volunteer effort to build a bouldering park near
downtown Kalispell – reached its fundraising goal of $100,000 in December 2015. Project funds were spent for
the purchase, installation and landscape finishing of two, synthetic, climbing boulders in Kalispell’s Lawrence Park.
Community volunteers worked with Kalispell Parks & Recreation and Montana Conservation Corps to complete the
project.
According to lead organizer, Jandy Cox, “Fundraising for Kalispell Boulder Project was a grass roots effort. We
appreciate how the community rallied around the project and helped make our vision a reality. We could not have
reached our goal without the fiscal management and administrative support of the Flathead Community Foundation, and
the generosity of Kalispell Daybreak Rotary, local businesses, private foundations, and every individual donation from
one to one thousand dollars!” For more information, visit www.kalispellboulderproject.com.
Flathead Community Foundation has proudly served as Title Sponsor for the Montana
Dragon Boat Festival since the event’s inaugural in 2012. Title Sponsorship represents
a significant financial and resource commitment by the Foundation, but we believe it
has been a worthy investment. The Dragon Boat Festival celebrates Flathead Lake’s
pristine beauty; promotes teamwork and healthy competition; raises awareness
and fundraising opportunities for nonprofit organizations; and brings major tourism
business to the entire Flathead Valley. Paddles Up!