2011 Annual Report - The Alexander Foundation

2011 Community REPORT
Co-Chair Report 2011: 30 Years of giving
2011 marked the 30th Anniversary for The Alexander
Foundation. The Board dedicated the year to
“celebrating” the Foundation’s distribution of over
$2.75 million dollars to the Colorado LGBT community
during its 30 years.
Mid-fall, The Alexander Foundation was voted one of
the Top Nonprofit Organizations and was later
featured in an OutFront Colorado article. The 30th
Anniversary year was coming to a close as we held a
Although the last several years have been extremely
challenging financially, with the downturn of the
economy and more LGBT organizations fundraising
for meaningful causes, the Board has been working
The year got off to a great start with The Foundation
receiving DU’s Center for Multicultural Excellence,
Community Highlight award. In addition to hosting a
financially successful Spring Fling in April and having
a presence at Pride in June, the Board chose to
celebrate the 30th Anniversary with a ­special event,
The Pink Pearl Gala.
The Pink Pearl Gala, was held in August at the
Governor’s Residence at the Boettcher Mansion with
the specific goal of “bringing the foundation to life”
through a specially designed program to highlight the
mission of the Foundation. Beautiful, inspirational
songs were sung by 5280 A Capella. Additionally,
meaningful remarks were made by Ms. Ronda
Coverston, a catastrophic health assistance recipient,
Ms. Emily Hall, a scholarship recipient and Mr. Barry
Glass, LSW, a representative from a referring agency,
personally expressing their appreciation for the
financial assistance provided by The Alexander
Foundation. Spokespersons’ from the offices of the
Governor, Congresswoman, Diana DeGette and the
Mayor of Denver also spoke about the benefits the
community receives from the work of the Foundation.
Julia Weise was awarded The 2011 Alexander
Foundation’s Volunteer of the Year award at the event.
Photo by David Ford. Some of The Alexander Foundation board members pose with Catastrophic Grant Recipient
Ronda Coverston and her partner Annette Thomas at the 2011 Pink Pearl Event. Pictured, left to right is: Stan Griffith,
Kevin Nguyen, Patrick Oakes, Annette Thomas, Ronda Coverston, LeAnn Shepard, Psy.D., Kent Webb and Doug
“Pugger” Anderson.
new event to kick off the Holiday Letter campaign in
tandem with Colorado Gives Day to benefit from their
enhanced giving program. The event was well
attended and held at Facconable, a clothing store at
Cherry Creek Mall. This year over $25,000 was
raised from The Alexander Foundation’s Holiday
Letter. The conclusion of the year was the Annual
Board and Key Volunteer party in December. It was a
first in that all of the 2011 Scholarship recipients were
invited and specially recognized during the party.
The Alexander Foundation
Mission Statement
The Alexander Foundation exists to enhance the lives of lesbians, gays,
bisexuals and transgender people by providing financial assistance to those
in need throughout Colorado. We are an all-volunteer organization and
through the spirit of giving, it is our mission to build a community of strength
and dignity.
extremely hard to maintain our giving programs
and taking organizational steps to ensure that our
all-volunteer organization will remain strong and
viable for the next 30 years. At the end of the year,
the Board was confident and pleased that The
30th Anniversary of The Alexander Foundation
was well commemorated.
Kent Webb
Co-Chair 2011-2012
Orientation of Recipients 2011
ORIENTATION
Gay
Lesbian
Bisexual
The Alexander Foundation Scholarship Program
2011 Summary
In 2011, The Alexander Foundation’s Scholarship
Committee celebrated its 20th year (as well as the
Foundations 30th year) in existence. Including the
2011 scholarships, The Alexander Foundation has
awarded $472,355 through 430 scholarships to the
Colorado LGBT community over the past 20 years.
The Alexander Foundation believes that education is
fundamentally linked to quality of life. For 30 years,
The Alexander Foundation’s Scholarship program
has been assisting LGBT students in vocational,
undergraduate and graduate programs in Colorado.
Applicants must be lesbian, gay, bisexual or
transgender, reside in Colorado and be a­ ccepted
or enrolled in an accredited Colorado institution
of higher education. The applicant must also
demonstrate the need for financial assistance.
In 2011, a total of 63 scholarship applications were
received. A total of $17,000 was distributed to the
13 best qualified applicants. 2011 scholarship
recipients attended Colorado State University,
Colorado State University–Pueblo, University of
Colorado–Boulder, University of Denver, University
of Colorado Denver, Metropolitan State College
of Denver, Front Range Community College,
University of Colorado Health Sciences Center, and
the University of Colorado at Colorado Springs.
The Foundation continues to place great
importance on its Scholarship Program and is
proud of the LGBT students that have completed
their education.
Distribution of Assistance 2011
Emergency Assistance
Holiday Assistance
Scholarships
Catastrophic Assistance
2011 Financial report*
2011
Cash and Cash Equivalents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$174,780.75 $8,397.12 $501.91 $183,679.78 Unrestricted Fund Balance/Total Liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unrestricted-designated fund balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net Income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Liabilities and Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(51,055.01)
$249,999.60 $(15,264.81)
$183,679.78 Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mosaic Partnership. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Funding Raising Receipts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Revenues, Gains & Other Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$30,515.86 $11,548.66 $11,780.04 $53,844.56 Emergency Assistance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Holiday Assistance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Scholarships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Catastrophic Assistance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total Assistance Given. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$25,400.00 $10,950.00 $17,000.00 $5,500.00 $58,850.00 General Administrative. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,300.82 Total Disbursements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $69,150.82 Net of Support And Revenue Less Disbursements. . . . . . . . . . . . . . . . . . . . . . . . ($5,005.44)
Photo by David Ford. Alexander Foundation Board
Member, Katie Donovan (left) enjoys the 2011 Spring
Fling with her partner Jes Driscoll.
“Our board has been
working extremely
hard to maintain our
giving programs and
taking organizational
steps to ensure that
our All-Volunteer
organization will
remain strong.
”
* The 2011 Financials have been approved by The Alexander Foundation Board of Directors. At the time of printing
the 2011 Annual Report the 2011 Financials have not been audited.
The Alexander Foundation | PO BOX 1995 DENVER CO 80201 | P 303-331-7733 | F 303-331-1953
thealexanderfoundation.org