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C
oming up on one year since returning to Morgan County, I am amazed at how quickly the time has passed. It is a privilege to return to my hometown and serve as the executive director of the community foundation. I am fortunate to build upon the foundation’s past successes. Graduating from Martinsville High School in 1989, and ultimately Indiana University Bloomington ('93, '95), I have spent the vast majority of my professional life dedicated to philanthropy within higher education institutions and community foundations. In returning, I find our community full of exceptional leaders working together to make a difference in the lives of the citizens of Morgan County. The many dedicated individuals and groups who volunteer and raise funds for good works make me truly excited for the future of our county. As the community foundation evolves as a philanthropic leader, we hope to focus on impact grant making to support our dynamic non-profit partners. Working together we can define what community means for Morgan County. Twenty years doesn’t seem that long ago and it is good to be home. I am grateful for the overwhelming support of our community in being welcomed back and to renew many old friendships.
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2014 Officers
2014 Members
Patty Wood
Lisa Arnold Bill Meredith Marty Miller Gary Oakes Kristin Oberle Erin Pipkin Judith Strode Judy Williams
President, CFMC Board
Chris Branson Vice President, CFMC Board
Frank Rowe, Jr. Secretary, CFMC Board
Jim Johnson Treasurer, CFMC Board
Jenna Bennett Past President, CFMC Board
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2014 Scholarships In 2014, the Community Foundation of Morgan County awarded $146,459.12 in scholarships from its own CFMC funds. Criteria for each scholarship is selected by the donor of the fund.
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Ready Set Quit Tobacco Coalition Fund
Martinsville Youth Development Center Endowment Fund Eric Pierce Memorial Scholarship Fund
Gwynn Wilkins Camp Scholarship Fund Vets 4 Vets Fund
Becky Sonnega Endowment Fund
Mt. Olive Manufacturing Elementary School Experimental Learning Fund Morgan County Soil and Water Conservation District Fund Healthier Morgan County Initiative - NARCAN Ron Taylor Memorial Ride Fund
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2014 Foundation Contributers Reporting Corrections: Every effort is made to ensure an accurate, comprehensive listing of contributors. If we have erred, please let us know, so we can correct our records and properly thank you for your gift.
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2014 Honorary & Memorial Gifts
Honoring a loved one through a charitable gift is an especially meaningful way of paying tribute to someone special. Memorial gifts offer a lasting opportunity to recognize those we hold dear and enhance our contributions by making them a very meaningful and personal experience.
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Support & Revenues 2014
2013
2012
Contributions & Grants
$616,276
$543,371
$322,525
Investment Return, Net
$235,771
$888,775
500,075
Administrative Fee Income
$348,062
$294,997
$255,147
Special Events Income
$119,286
$81,912
$68,698
$1,319,395
$1,809,055
$1,149,901
Total Support & Revenue
Expenses
$136,605
$146,459
$104,990
Grants
$247,323
$220,758
$201,412
Programs
$321,164
$267,848
$235,853
Salaries & Wages
$314,884
$242,057
$250,134
Administrative Fees
$102,342
$102,281
$99,193
Professional Fees
$32,169
$29,830
$31,657
Printing & Postage
$25,055
$23,857
$20,278
Payroll Taxes
$26,645
$18,991
$20,207
Computer Expenses
$13,685
$16,855
$9,269
Employee Benefits
$20,222
$12,184
$13,622
Repairs & Maintenance
$10,291
$8,929
$6,272
Events
$12,810
$6,489
$8,011
$7,925
$7,520
$7,247
Depreciation
$17,340
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$13,400 $18,705
Advertising
$2,677
$3,113
$7,163
Telephone
$9,185
$11,008
$11,321
Insurance
$6,025
$5,279
$4,833
Training
$1,215
$2,692
$590
Utilities
$10,846
$6,913
$6,649
Equipment Expenses
$3,603
$2,937
$3,033
Office Supplies
$4,929
$3,948
$3,512
Travel & Entertainment
$3,754
$4,375
$3,004
Board & Committee Expenses
$211
$760
$478
Dues & Subscriptions
$838
$1,843
$1,596
Donor Relations
$1,384
$1,034
$460
Contracted Services
$3,079
$2,199
$1,264
Miscellaneous
$1,576
$2,835
$928
Total Expenses
$1,187,293
$1,009,991
$951,442
$135,558
$802,520
$198,459
Change in Net Assets
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Net Assets, Beginning of Year
$6,030,451
$5,227,931
$5,029,472
Net Assets, End of Year
$6,166,009
$6,030,451
$5,227,931
Martinsville Office
Mooresville Office
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