2022 Annual Financial Report

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2022 FINANCIAL REPORT

EXCITING THINGS ARE HAPPENING IN OUR COMMUNITY AND THE COMMUNITY FOUNDATION IS LEADING THE WAY.

$14.6M DONATED 1,536 GRANTS, SCHOLARSHIPS, AND INITIATIVES

GIFTS 1,334 $12.6M INVESTED IN COMMUNITY

FINANCIAL ASSETS

Long-term investment pool was established in 1993 -9 -6 -3 0 3 6 9 1 YEAR 3 YEARS 5 YEARS 10 YEARS INCEPTION -14.9% 1.5% 5.6% 7.5% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $80M $120M $160M $180M NET INVESTMENT RETURNS TOTAL
874 DONORS 30 NEW FUNDS CREATED 2.8%

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, 2022.

FUNDS BY TYPE

507

TOTAL

FUND ASSETS

$160M

TOTAL

DONOR-ADVISED = 139

SCHOLARSHIPS = 76

AGENCY = 74

DISCRETIONARY = 73

FIELD-OF-INTEREST = 69

COMMUNITY INVESTMENTS

DONOR-ADVISED = 132

DISCRETIONARY = 74

SCHOLARSHIP = 70

AGENCY = 58

DESIGNATED = 48

CGAS AND TRUSTS = 22

FISCAL SPONSORSHIP = 4

PROJECT = 2

DONOR-ADVISED = $51.6M

FIELD-OF-INTEREST = $43.8M

DISCRETIONARY = $42.2M

SCHOLARSHIP = $8.5M

DESIGNATED = $7.9M

AGENCY

64 DISTRIBUTIONS | $1.3M AWARDED

DESIGNATED

57 GRANTS | $587,000 AWARDED

DONOR-ADVISED

972 GRANTS | $4.9M AWARDED

COMPETITIVE & CAPACITY BUILDING

278 GRANTS | $4.8M AWARDED

DONOR-ADVISED = $55.8

DISCRETIONARY = $54M

SCHOLARSHIP = $8.9M

AGENCY = $1.8M

PLANNED GIFT = $2.8M

AGENCY = $2.6M

PROJECT = $759,400

FISCAL SPONSORSHIP = $155,900

FISCAL SPONSORSHIP

4 DISTRIBUTIONS | $31,000 AWARDED

PROJECT

2 GRANTS | $108,000 AWARDED

SCHOLARSHIPS

155 SCHOLARSHIPS | $317,000 AWARDED

STRATEGIC INVESTMENTS

4 INITIATIVES | $615,000 AWARDED

2022 FINANCIAL STATEMENTS

ASSETS TOTAL CASH & CASH EQUIVALENTS $3,456,634 INVESTMENTS 165,900,843 OTHER CURRENT ASSETS 643,156 GRANTS RECEIVABLE 500,000 CHARITABLE LEAD TRUST 1,470,818 CHARITABLE REMAINDER TRUST 1,030,685 PROPERTY AND EQUIPMENT, NET 3,140,951 TOTAL ASSETS $176,143,087 LIABILITIES AGENCY FUNDS $7,689,056 GRANTS PAYABLE 5,646,182 ACCOUNTS PAYABLE & ACCRUED EXPENSES 224,928 CHARITABLE GIFT ANNUITY OBLIGATIONS 1,005,865 CHARITABLE REMAINDER UNITRUST OBLIGATION 368,403 DEFERRED REVENUE 984,828 TOTAL LIABILITIES $15,919,262 NET ASSETS WITHOUT DONOR RESTRICTIONS $30,256,667 WITH DONOR RESTRICTIONS 129,967,158 TOTAL NET ASSETS $160,223,825 TOTAL LIABILITIES & NET ASSETS $176,143,087

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