2019 FINANCIAL REPORT
EXCITING THINGS ARE HAPPENING IN OUR COMMUNITY AND THE COMMUNITY FOUNDATION IS LEADING THE WAY.
1,388 DONORS
D O N AT E D
NET INVESTMENT RETURNS
TOTAL FINANCIAL ASSETS
$160M
10
8.7%
3 YEARS
6.5%
INCEPTION
8.3%
5
8.1% $80M
-5
10 YEARS
$120M
0
5 YEARS
GIFTS
15
18.6%
1 YEAR
2,061
$20.4M
10
15
Long-term investment pool was established in 1993
20 2010 2011
2012 2013
0
5
-1
0
2014 2015
2016
2017 2018
2019
The key performance indicators in this report help tell the story of The Community Foundation, its donors and the tremendous impact we have in the community. Long-term investment performance and community partnerships are the driving force behind the organization’s continued success. All figures calculated as of December 31, 2019.
35
892
GRANTS & SCHOLARSHIPS
INVESTED
FUNDS BY TYPE
20
10
FUND ASSETS
15
20
NEW FUNDS C R E AT E D
$9.9M
DISCRETIONARY ($50M)
AGENCY (53) DESIGNATED (36)
5
PLANNED GIFTS & FUTURE FUNDS ($2.5M) DESIGNATED ($4.6M) AGENCY ($1.4M)
0
403
ACTIVE FUNDS
SCHOLARSHIP ($8M)
DONOR-ADVISED (123)
FIELD-OF-INTEREST ($38M) FIELD OF INTEREST (44) FISCAL SPONSORSHIP ($226,000) DONOR-ADVISED ($54M)
-10
FUND ASSETS
-5
$158M
DISCRETIONARY (74)
FISCAL SPONSORSHIP (8) SCHOLARSHIP (65)
2 019 F I N A N C I A L S TAT E M E N T S
ASSETS CASH & CASH EQUIVALENTS INVESTMENTS
TOTAL $3,312,751 161,955,829
LOANS RECEIVABLE
458,286
OTHER CURRENT ASSETS
437,811
CHARITABLE LEAD TRUST
1,694,793
CHARITABLE REMAINDER TRUSTS
898,222
PROPERTY AND EQUIPMENT, NET
3,483,736
TOTAL ASSETS
$172,241,428
LIABILITIES AGENCY FUNDS GRANTS PAYABLE
$6,831,239 4,604,308
ACCOUNTS PAYABLE & ACCRUED EXPENSES
324,128
CHARITABLE GIFT ANNUITY OBLIGATIONS
877,081
DEFERRED REVENUE
800,000
TOTAL LIABILITIES
$13,436,756
NET ASSETS WITHOUT DONOR RESTRICTIONS
$40,499,265
WITH DONOR RESTRICTIONS
118,305,407
TOTAL NET ASSETS
$158,804,672
TOTAL LIABILITIES & NET ASSETS
$172,241,428