CFSA Newsletter Spring 2018

Impact Report Spring 2018

IMPORTANT

DATES June 9, 2018

Leaders. Champions. Trailblazers. Pioneers.

Each of these words describes CF Campus campaign donors.

These are the names of the first 110 donors to step-up for Tucson’s nonprofit community. The Community Foundation Campus (CF Campus) at 5049 E Broadway Blvd is no longer an idea. It’s becoming a reality. Soon there will be a place in Tucson like no other. A place for nonprofits to learn, collaborate and grow.

We’ve come far in the past six months.

We have started construction on the CF Campus which spans more than 24,000 square feet across three buildings with a central courtyard. The buildings will include open and enclosed offices for lease to nonprofits, shared amenities, meeting spaces and open “hoteling” space for drop-in or day work.

The CF Campus will be a home and hub for diversity, equity and inclusion across our nonprofit community — where organizations of widely different missions, models and maturity can work and learn, side by side. We are scheduled to move-in at the beginning

of October with the official opening later in the fall. In the meantime, please follow the CF Campus progress online at www.cfsaz.org/campus/.

Today, we stand collectively having contributed $3 of the $4 million toward this vision. But we still have a bit more to go, and we ask all of you, the Southern Arizona community, to join us in making a gift that can make the difference. A single gift will give you the opportunity to impact the work of many local nonprofits in our community.

Will you seize this moment, like our first 110 donors, and support the CF Campus with a tax-deductible charitable gift that will impact our community for years to come?

If you would like to learn more about the campus or the different ways you can make a gift, please contact Jennifer Jones at 520-382-9204 or jjones@cfsaz.org or Clint Mabie at 520-209-2864 or cmabie@cfsaz.org.

Thank you for your commitment to making Tucson a better place for us all! cfsaz.org

Santa Cruz Community Foundation Donor Event

June 21, 2018

Looking in the Mirror: An Introspective Conversation on Race

June 26, 2018

LGBT&S Alliance Fund Award Ceremony

July 2, 2018

Lyons Family Fund Grant Round Opens

August 2018

Community Foundation Campus Tours

August 2018

Santa Cruz Community Foundation Grant Round Opens

September 2018 CORE Grant Round Opens

For additional information, please contact Ana Tello at atello@cfsaz.org

(520) 770-0800

Inspiring Donors NOW & FOREVER

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Clint’s Corner

Coming together is a beginning; keeping together is progress; working together is success.

– Henry Ford

Capital and its use is perhaps the most significant change to the philanthropic model over the last twenty years. Foundations asked themselves a simple question, “How can 5% (annual distribution amount) do 100% of the work? Furthermore, is it right that 95% of our assets are NOT invested in our community but outside in the equity and bond markets?”

Over the past seven years, we have been working on our “capital stack” at CFSA to provide more fuel to improving our community. We are moving from just looking at our income statement to make a difference to using the power of our balance sheet. We are utilizing our assets not only to build stronger nonprofits but to help the economic development of the region and provide equality of opportunity. The capital stack will be achieved through the following: n The

creation of a micro-loan fund in partnership with the Community Investment Corporation that will provide small $250-5,000 loans to emerging entrepreneurs to help them start and grow their businesses.

n The

continued growth of the Nonprofit Loan Fund of Tucson and Southern Arizona (NPLF), now federally recognized as a Certified Community Development Finance Institution (CDFI). In four and a half years of operation, NPLF has made more than $2.7 million in loans to 17 different nonprofits. Its goal is to have $4 million (currently has $1 million) in loans outstanding by 2021.

n Like

other foundations, CFSA annually distributes 4% of its unrestricted endowment to nonprofits. To leverage the impact of these assets, CFSA is developing policies which will enable it to make Mission Related Investments (MRI), or loans that produce investment and social return. MRIs result in a significant community benefit and they are made primarily for program purposes (e.g., building affordable housing).

n The

Year-to-date by the Numbers Gifts: $18.1M

*

creation of an impact investing fund that will enable CFSA and other foundations across southern Arizona to invest a portion of their assets in local for-profit and nonprofit organizations and projects that produce a social and market rate return. The fund will serve the critical role of a “social investment banker” for the region.

Stay tuned for more in the coming months.

Sincerely,

Grants: $8.5M* New Legacy Gifts: $19.7M* Endowment 1 Year: p 11.20%** Endowment 5 Year: 7.10%** * Consolidated-unaudited as of FY18 Q3 ** For detailed reports on all investment pools, please visit cfsaz.org/about/financials/

J. Clinton Mabie President and CEO Community Foundation for Southern Arizona

Spring 2018

3

Seen Around Town Thanks to the generous donation of longtime friend and supporter of the Community Foundation for Southern Arizona, Melody Robidoux, a CFSA awareness campaign in English and Spanish was seen around town.

The campaign ran from October 2017 to April 2018, and it gave CFSA the opportunity to increase community knowledge about its impact. The ads covered print, radio, digital, outdoor and other mediums such as theater on-screen promoting.

Stay tuned for the next campaign!

Get to Know our New Trustees:

Herb Hoffman | Tim Olcott | Allison Vaillancourt Herbert J. Hoffman, Timothy Olcott and Allison Vaillancourt have been elected to the Board of Trustees of the Community Foundation for Southern Arizona (CFSA).

Herbert J. Hoffman serves as a Principal at CliftonLarsonAllen LLP. Herbert has more than 38 years of tax consulting experience. He currently specializes in tax consulting for corporations and partnerships for a variety of industries including real estate, manufacturing, distributors, technology, and service providers.

Timothy A. Olcott serves as a Green Valley trust and estates attorney. He is a member of the State Bar of Arizona and its Probate and Trust Law Section; the Pima County Bar Association; the Southern Arizona Estate Planning Council; the Minnesota State Bar Association and its Probate and Trust Law Section; and the State Bar of Georgia.

Allison M. Vaillancourt, Ph.D. serves as Vice President of Business Affairs & Human Resources at the University of Arizona where she is also a faculty member in the UA School of Government and Public Policy. She also co-chairs the university’s Strategic Planning and Budget Advisory Committee.

CFSA Board of Trustees serves three year terms and can be elected for a total of three consecutive terms.

Inspiring Donors NOW & FOREVER

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SAN MIGUEL DE ALLENDE:

Continuing the Vision

By Sandra Nathan, Senior Vice President, Philanthropic Services & Community Investments at CFSA

One of the outstanding features of a community foundation is our ability to turn a donor’s charitable vision into meaningful change – whether that change is in their home community, across the border, or around the world.

The Community Foundation for Southern Arizona (CFSA) has worked diligently over the years to fulfill the Shaaron Kent Endowment Fund’s vision to improve the lives of San Miguel de Allende residents, and that vision was fulfilled for the third year in a row through a two-day intensive resource development training for the nonprofit community.

Through a partnership between CFSA and the U.S. Mexico Border Philanthropy Partnership (BPP), two experts in nonprofit fundraising provided highquality training that will enable San Miguel de Allende nonprofits to increase their capacity to engage in effective fundraising for their programs and services. The faculty, Carlos Madrid of Mexico City, and Alma Delia Abrego Ceballos from Tijuana, are known and recognized as experts throughout Mexico. Over ninety individuals attended the two-day training program. In addition to the training seminar, CFSA convened eleven nonprofit organizations who were the recipients of our first CORE grants (general operating support) in San Miguel de Allende. Grants

totaling $79,900 were awarded to nonprofits that met the program criteria.

CFSA also met with other community foundations in San Miguel to share information and explore collaborations.

These foundations included the San Miguel de Allende Community Foundation and the Don Diego Community Foundation.

Through a listening session facilitated by Clint Mabie, CFSA’s President & CEO, we heard from nonprofit representatives some of the ways that the community foundation can deepen its impact within the community and further improve the capacity of nonprofits. We feel that through our concerted and collaborative efforts to support the sustainability of those nonprofit organizations, we will make strides in achieving our goal of honoring Shaaron Kent’s legacy for years to come.

We cannot accomplish this work without our partners, and we are deeply grateful to Andy Carey and Maria Laura Muñoz of BPP for their continued stellar execution of nonprofit capacity building training programs in San Miguel de Allende.

4th Year of Mega-Adoption Event is a Big Success Adopt Love Adopt Local was held on Saturday, April 14, 2018, at the Tucson Expo Center.

The event was presented by the Pima Alliance for Animal Welfare (PAAW), an initiative of the Community Foundation for Southern Arizona (CFSA), is the mega-adoption fair for Tucson’s homeless pets. Over 2,000 people attended, and a total of 24 rescue organizations participated this year some of them joining the event for the first time.

The event resulted in 140 adoptions, with 53 dogs, 71 puppies, seven cats, and nine kittens, all finding their forever homes! Tucson Canine Freestyle, Saguaro Scramblers Agility Group, and the Pima County Sheriff’s K-9 Unit, all conducted demonstrations to entertain the crowd. Thanks to all the sponsors: PetSmart Charities, The Jeffrey Guylas Charitable Fund held at CFSA, VCA Valley Animal Hospital and Emergency Center, Humane Society of Southern Arizona, Pima Animal Care Center, Tucson Electric Power, The Reliance Group/Omni Homes International, PetSmart, A Tucson Tail Bed & Biscuit, Arizona Daily Star, KVOA News4 Tucson, The Tucson Dog Magazine, Tucson Lifestyle.com, KXCI, and 26.2 Designs.

Spring 2018

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Values-Based Philanthropy

By Jennifer Jones, Director, Donor Engagement, Philanthropic Services at CFSA

I met with a couple who recently established a donor advised fund with CFSA and was reminded just how much giving is tied to one’s values. I was impressed with their innate ability to connect their values with their giving. I find that many donors focus more on how to give. Alternatively, it’s more valuable to start with why. Values-based philanthropy is a term used to describe the process of identifying why we give.

Remember the “Connect the Dots” children’s activity that reveals an image of a cat, frog or some other figure that becomes clearer as the dots connect? Understanding why we give is a similar activity. You can start by naming one thing you value – let’s say courage – and ask yourself the simple question, Why? Why do I value courage, in myself or others? What meaning does it have in my life, past or present? Is there a way I can express this value in my giving? The answer is a resounding YES. When it comes to giving, people who value courage in others will say things like, “I want to help people who want to help themselves, or, what became the mantra of a donor family I worked with, “We want to help people pull themselves up by their bootstraps.”

Courage, for example, connects well with valuing independence, self-reliance, and determination.

It’s the interconnection between multiple values that leads us to the “Why” of giving. Our values define who we are and how we live. Shouldn’t they also define why we give?

Being clear about why we give is not just helpful to us. It’s useful to those who seek our support. When there is a shared understanding

of why we give, how we give is often illuminated. Let me go back to the family who wanted to help people, “pull themselves up by their bootstraps.” Again, this family valued individual determinism, courage, independence, and selfreliance. Through this lens, they determined that awarding scholarships to hard-working students with financial need would directly connect with what they valued as a family because the patriarch, who grew up impoverished, was given a small scholarship loan for college, and had a sucessful career in engineering. The family referred to this as a “handup,” not a “hand-out.” Rooted in this deeper understanding, they were able to use the why to determine how, enabling them to stay focused and stalwart when faced with an ongoing deluge of requests for funding. This brings me to one final point about values-based philanthropy. It not only helps us define why we give to the causes we care about, but helps us define why we don’t give in other areas, a challenge I hear from donors often.

So, what do you value? Are you ready to connect the dots?

Take a values assessment. Contact Jennifer Jones at jjones@cfsaz.org or by calling 520-770-0800, ext. 7110 to learn more.

6420 E. Broadway Blvd., A100, Tucson, AZ 85710 Phone: (520) 770-0800 | Fax: (520) 770-1500 | cfsaz.org facebook.com/CFSAZ

@SoAZCommunityFd