B E T T E Rtogether 2012 Annual Report
m E S S A G E
Since 1996, the Golden Belt Community Foundation has been a trusted partner for individuals, families, and businesses providing support to organizations that are making a positive impact in the communities of Barton, Pawnee, Rush, and Stafford counties. We are committed to expanding local philanthropic activity by connecting people who want to give with the many charitable projects and programs that do good work.
to our communities
We believe that the strength of our communities is the same today as it was in the early years. That strength is exemplified by neighbors giving to neighbors to enhance the quality of life in the communities in which we live. The Golden Belt Community Foundation provides the opportunity to build upon that strength. When great people with ideas and passion get connected with expertise, great things can happen in the Golden Belt.
The mission of the Golden Belt Community Foundation is to plan, work, and invest today for a more secure, improved, and better tomorrow.
Golden Belt Community Foundation 2012 Board of Directors Board Of Directors Back Row (L to R): Devin McMillen, Melanie Calcara, Steve Miller, Tom Smith, Gary Seibert, Mark Bitter Front Row (L to R): Tammy Rosenberg, Randy Goering, Ron Sandstrom, Joan Dreher Not pictured: Jim Froetschner, Amber Littler, Paul Snapp, Kathy Straub
Staff Directory
Christy L. Tustin Executive Director
Sue R. Cooper Program Officer
Valerie Johnson Administrative Assistant
Planning for the Future
Foundation Collaborates with Professional Advisors to Offer Valuable Services When Robin Fabricius, Great Bend attorney, talks with clients about finances and estate planning , charitable giving sometimes is part of the conversation. Once that happens, Fabricius often takes the opportunity to steer those clients to the Golden Belt Community Foundation (GBCF) for its expertise on charitable giving. And she is encouraging other professional advisors to do the same.
“My clients are intrigued by what the Golden Belt Community Foundation has to offer,” Fabricius said. “They are impressed with the flexibility and convenience it affords.” Fabricius is an estate planning and elder law attorney at Watkins Calcara Chartered in Great Bend. In this position, she shares information about the GBCF with clients of all ages and income levels. “The topic oftentimes turns to how clients can support their favorite charities, now and in the future,” Fabricius noted. “Many want to organize their current giving, while also planning for how their estates’ assets will be distributed later on. In both cases, the Foundation can help in so many ways. It can offer the most convenient and flexible methods for guaranteeing assets go where clients want them to go,” she explained. “The Foundation takes care of everything.” Fabricius noted that Christy Tustin, GBCF executive director and attorney, understands the complexities involved in financial planning. “Christy also realizes that clients may change their minds and she can accommodate those changes any time,” Fabricius said. “The Foundation can make any adjustments, which is great for the clients because no attorneys’ fees are involved. This is so much easier than changing a will.”
Bob Hiss, local financial advisor at Hiss Sherman Wealth Management, also guides clients to Tustin and the Foundation when appropriate. “Many clients who support churches or other charitable causes during their lifetime want to continue giving today, while also arranging for perpetual gifts,” said Hiss. “They want to ensure that the charities important to them continue to benefit from their donations in the future. “I have noticed that clients are grateful we have this great local Foundation available to us,” Hiss continued. “They know it cares for and supports local charities. It has been very beneficial for clients to sit down with Christy and discuss their options one-on-one.” Tustin has collaborated with professional advisors in Barton, Pawnee, Stafford and Rush counties, which comprise the Foundation’s service area. “We are doing our best to increase the number of legal and financial advisors who make referrals to us,” Tustin commented. “Once they realize how we can make life easier for their clients, we can develop a great philanthropic partnership Creating a charitable plan takes time and expertise, and we have both,” Tustin said. “We can provide information on local organizations and projects, and be a resource on creative ways to support these local worthy causes.”
Healthy Communities Initiative A Kansas Health Foundation Grant
Be Well Barton County has been awarded a grant through the Kansas Health Foundation’s Healthy Communities Initiative worth up to $75,000 over the next three years. Be Well Barton County, an advisory group dedicated to promoting healthy lifestyles countywide, is one of 12 grantees in the state to receive this funding. Be Well will use the funds to support Complete Streets and Safe Routes to School, nationally recognized programs that encourage local governments to consider pedestrian traffic when planning street and sidewalk improvements. The focus will be to inspire officials to retrofit existing streets and transportation routes to accommodate walking and bicycling for transportation and recreation, and to improve access to community destinations. Be Well Barton County thanks the Kansas Health Foundation for this generous grant. The Kansas Health Foundation is a private philanthropy that is based in Wichita, but is statewide in its focus. Its mission is to improve the health of all Kansans. To learn more about the Kansas Health Foundation, please visit www.kansashealth.org.
The flyer pictured to the left was distributed at various community events such as Thursday Stroll and the Barton County Fair (booth pictured below).
Leadership Golden Belt Leadership Golden Belt Mission Statement “To develop leadership skills of individuals in Barton, Pawnee, Rush, and Stafford counties to motivate them to contribute, enhance, and engage in a strong and effective community.�
In 2007, the Golden Belt Community Foundation received a Recognition Grant from the Kansas Health Foundation to implement the Leadership Golden Belt program. This grant will ensure the future sustainability of the program. The Golden Belt is poised to become an example for other rural communities looking to create similar regional leadership programs. In 2012, 11 participants graduated from the three-month leadership training program on September 25th, 2012. Keynote speaker, Mary Kay Siefers, Ph.D., KSU School of Leadership Studies kicked off the celebration with a formal graduation ceremony following. The Leadership Golden Belt Class of 2012 joins a growing alumni class, with now five years of alumni. Leadership Golden Belt focuses on training local leaders through the combination of a skills-based curriculum and purpose-oriented site visits. Through Leadership Golden Belt, class members gain insight on their roles as local leaders by studying concepts and capacities such as: Learning, Thinking, Working Styles: Understanding the way others work, learn, communicate, and make decisions. Servant Leadership: Choosing to serve first. Servant-leaders may or may not hold formal leadership positions. Servant-leadership encourages collaboration, trust, foresight, listening, and the ethical use of power and empowerment. In addition to the classroom style lessons, the class makes several community tours, each focused on a community topic such as Economic Development, Health Care, and Arts and Culture. Leadership Golden Belt offers its participants a chance to increase their awareness of vital local issues and the skills to address those issues.
Leadership Golden Belt Class of 2012 Front Row (L to R): Carolyn Dunn, Co-Facilitator; Deanna Vannoster, C&V Home Improvement; Tana Cooper, Barton Community College; Chuck Marshall, Great Bend Church of Christ; Lori Behnke, Farmers Bank & Trust; Joseph Vinduska, Barton Community College. Back Row (L to R): Michell Conner, Daniel R. Trickey Memorial Life Giving Center; Stacie Lopez, Stafford County Hospital; William Nusser, Simmons & Simmons Inc.; Nicole Zink, Adams, Brown, Beran & Ball, Chtd.; Jon Prescott, CPI Qualified Plan Consultants, Inc. (Not Pictured: Cindy Wilborn, USD 431 Hoisington; Kristy Rupe, Co-Facilitator)
Competitive Grants and Donor Advised Grants Grantmaking is often the connecting point between those who give and those who need. It is the primary way that Foundation donors make the community stronger. Throughout this past year, the Golden Belt Community Foundation has awarded nearly $200,000 in competitive and donor advised grants to the following organizations in Barton, Pawnee, Rush and Stafford counties. The grantees are listed below. American Heart Association Barton Community College Barton County Arts Council Barton County Emergency Aid Council Barton County Fair Association Barton County Health Dept. Barton County Historical Society Big Brothers Big Sisters of Barton/Pawnee Counties Birthright of Great Bend Bushton Community Scholarship Catholic Social Service Central Kansas CASA, Inc. Central Kansas Christian Academy City of Burdett City of Great Bend City of Hoisington City of Hudson City of Larned Clara Barton Foundation
Community Food Bank of Barton Co. D.A.R.E. Great Bend Police Dept. Dominican Sisters of Peace ElderCare, Inc. Family Crisis Center First Christian Church, D.O.C. First Presbyterian Church Fort Hays State University Fort Larned Historical Society Golden Belt Humane Society Great Bend Children's Learning Center Great Bend Community Theatre Great Bend Foundation Great Bend Zoological Society Helping Hands Early Childhood Special Education Holy Family School Housing Opportunities Inc. Hungry Heart Soup Kitchen Kans for Kids Fighting Cancer Kansas Children's Service League
2012 Grants By Program Area 1% 2% 1%
4%
1% Educational ($57,365)
3%
Community Development ($38,107)
6%
Human Service ($22,720) 29%
Equipment ($21,519)
Religion ($20,497)
11%
Health ($12,453)
Youth Development ($8,654) Animal Related ($6,501)
11%
Unclassified ($4,050) 12%
19%
Environmental ($2,087) Arts Culture ($1,727)
Food Nutrition ($926)
Kansas Oil and Gas Museum Found. Kansas Pediatric Foundation Kansas Wildscapes Foundation Cheyenne Bottoms KU Alumni Association Larned EMS Lasting Life Ministries Optimist Club of Great Bend Otis Bison USD 403 Pawnee County Pawnee County Health Dept. Pawnee Valley Scouts Prince of Peace Parish Quivira Council Boy Scouts RSVP of Barton County Rush County Memorial Hospital Saint Francis Community Services Salvation Army Smoky Hills Public Television St. John Child Development Center St. John the Evangelist Parish St. Joseph School-Ellinwood ElderCare, Inc. Stafford County Health Dept. Stafford County Historical Society Stafford Education Foundation Sunflower Diversified Services Early Education Center Trinity Lutheran Church United Way of Barton County USD 112 Central Plains Schools USD 349 Stafford Community Schools USD 350 St. John Schools USD 351 Macksville Schools USD 355 Ellinwood Schools USD 395 La Crosse Schools USD 428 Education Foundation USD 431 Hoisington Schools USD 495 Larned Schools USD 496 Pawnee Heights Schools
Establ ishe d Endowment Funds Organizational Funds Organizational Funds Barton County 4-H Council Barton County Arts Council Barton Community College Foundation Barton County Fair Association Barton County Historical Society Catholic Social Service Central Kansas CASA St. Rose Foundation Central States Scout Museum City of Larned EMS City of Larned Youth Programs Clara Barton Foundation Dominican Sisters ElderCare, Inc. Evangelical Christian Scholarship Fund First Christian Church, D.O.C., Great Bend Ft. Larned Historical Society Santa Fe Trail Center Ft. Larned Foundation for Education Endowment Fund Golden Belt Humane Society Great Bend Community Theatre Great Bend Optimist Club Great Bend Zoological Society Heart of Kansas Family Healthcare Heartland Cancer Center Patient Enrichment Holy Family School Housing Opportunities, Inc. Kans for Kids Fighting Cancer Foundation Kansas Oil and Gas Museum Larned Community Center Larned State Hospital Lasting Life Ministries Meals on Wheels of Barton County U.S.D. 403 Otis-Bison Education P.E.O. HR Charitable Fund Prince of Peace Parish Locust Grove Village St. John the Evangelist Catholic Church St. John Hospital Endowment Foundation Sunflower Diversified Services Foundation Sunflower Diversified Services Inc. Incredible Years Preschool Trinity Lutheran Church U.S.D. 428 Education Foundation United Way of Central Kansas
Unrestricted Funds Golden Belt Community Improvement Fund Amos E. Bayer Memorial Fund
Donor Advised
Jim and Kathi Armatys Chris and Vicki Batchman Don and Catherine Brening Mark and Melanie Calcara Community Heroes CPI Barton County Endowment Jeanine Dikeman Memorial Fund First Kansas Bank Charitable Fund John and Nancy Francis Jim and Tammy Froetschner Gary H. Gore Memorial Fund Merlin and Nelva Grimes Jim and Suzan Haynes David R. Holste, CPA Jerry and Linda Marmie Jason and Jayme Mayers Don Miller Memorial Fund Roger and Mary Lou Murphy Max Nichols Dr. Bill and Robin Niederee Robbins Family Ron and Cathy Sandstrom Patricia A. Schmidt Larry and Kathy Schugart Joseph and Jean Simmons Dr. Perry and Krista Smith Tom and Ann Smith Women Helping Women
Field of Interest Funds
Education Great Bend Beautification Health & Human Services Parks & Recreation Arts & Culture Hudson Community Improvement University of Kansas Honors Program Merlin and Nelva Grimes Fund for Community Education & Development Kansas Health Foundation Nutrition and Physical Activity
County Field of Interest Funds
County Field of Interest Funds Barton County Pawnee County Rush County Stafford County
Establ ishe d Endowment Funds Designated Funds Thelma Faye Harms Funds for BCC Albert Gumbir Charitable Fund Great Bend Youth Leadership Fund Mary and Dr. Bill King Fund for U.S.D. 428 Education Foundation Dr. Jimmie Downing Memorial Fund Ethel D. Holmes Scholarship Fund for Quivira Heights High School and Great Bend High School Kansas Health Foundation Youth Endowment Fund Leadership Golden Belt Funds John A. & Doris F. Graham Memorial Fund for Great Bend Sherry Viles Memorial Fund for Helping Hands Preschool John and Mabel Hiss Endowed Fund for First Presbyterian Church Sister Mary Ann Klein Nursing Fund Barbara Bushnell Memorial Fund Orlan Bonecutter Trust for U.S.D. 428 Education Foundation Gertrude Lischesky Alumni Fund Barton Community College Athletics Fund Langford Engineering Scholarship Fund for Ft. Larned Foundation for Education Ed and Margaret Kirk Family Fund
Scholarship Funds Kansas State University Scholarship Fund Charles Lischesky Scholarship FundGreat Bend Rotary Club Allan V. Miller Family Scholarship Mingenback Family Scholarship Bob & Rosalee Roth University of Kansas Pawnee County Scholarship Robert “Bobby” Foster Memorial Scholarship for Ft. Larned Foundation for Education Doyle Foster Memorial Scholarship for Ft. Larned Foundation for Education Ryan Hugh Dunlap Memorial Scholarship Paul J. Urban Memorial Scholarship Frank W. Brinkman Memorial Scholarship Victor Memorial Scholarship Fund for Ft. Larned Foundation for Education Vida M., Dorothy C., and Vivian M. Archer Scholarship Ryan Joseph Bealer Memorial Scholarship Kevin Popp Memorial Scholarship Jerome “Jerry” Becker Memorial Scholarship Robert William Shewbart Park School Scholarship
Charitable Funds Great giving options. Choose the one that’s right for you. Donor Advised Funds: A personal approach to giving. Establishing a Donor Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It’s a simple, powerful, and highly personal approach to giving. Unrestricted Funds: Meeting ever-changing community needs. When you establish an Unrestricted Fund, your gift can address a broad range of local needs- including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. Field of Interest Funds: Connecting personal values to high-impact opportunities. By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Scholarships: Investing in deserving students. In creating a Scholarship, you invest in your community’s future and show students you care. Your community foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Designated Funds: Helping local organizations sustain and grow. Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization—a senior center, museum, or virtually any nonprofit charitable organization—through your local community foundation.
“We just have a lot of faith and trust in the Golden Belt Community Foundation,” explained Debbie. “When we are gone, we know they will make the right decisions for our organization with the endowment, according to our wishes. Our organization will always be about serving children with the primary focus of serving children in Barton County.”
Kans For Kids Plans for Future with Endowment at Foundation Wife-and-husband team Debbie and Duane Reif know how to motivate and energize a community from the grassroots level. As co-directors of Kans For Kids Fighting Cancer Foundation – started by their two children, who have since moved away for college - they’ve been change-agents for nearly 20 years in helping Barton County children who battle cancer, along with their families. But the Reifs want their campaign to carry forward beyond their years of service to the organization. An endowment was needed to accomplish their goal, something well beyond their knowledge level to achieve on their own. The Reifs turned to the Golden Belt Community Foundation for expertise and assistance in establishing their endowment. Six years later, the Kans For Kids Endowment is going strong and the Reifs are happy with their decision in calling upon GBCF to help fulfill their long-term objetive. “We just have a lot of faith and trust in the Golden Belt Community Foundation,” explained Debbie. “When we are gone, we know they will make the right decisions for our organization with the endowment, according to our wishes. Our organization will always be about serving children with the primary focus of serving children in Barton County.” The Golden Belt Community Foundation exists to provide non-profit organizations in central Kansas with a permanent source of support and allows for a wide range of charitable giving by donors, who establish the criteria. Additionally, GBCF’s staff handles the nuances of each fund and administers all aspects, according to each fund’s guidelines. That removes the
management burden from the donor, while also assuring donations to the respective fund are being utilized according to the donor’s intentions. Community organizations have recognized GBCF’s value through the years. Since forming in 1996, GBCF has grown to include more than 100 endowment funds for organizations located in four counties the Foundation serves. The administrative role that GBCF provides is vital for the Reifs, whose Kans-For-Kids involvement has advanced over the years. No longer just an organization that collects cans for money, Kans For Kids offers fund-raising, memorial giving and endowment opportunities for donors. It’s a fulltime job for Debbie, who manages a 12-member working board and also works part time at the Hoisington Library. Duane works full time for Hoisington’s United Ag Service, while continuing to help with Kans For Kids. “I’d definitely recommend the Golden Belt Community Foundation to others who are considering establishment of an endowment,’ explained Duane. “Christy Tustin did an excellent job guiding us through the initial process.” Debbie said the relationship with GBCF has actually grown stronger for them over the years, with the GBCF staff providing key advice and strategies to help guide the Reifs in their organization’s efforts. “The Golden Belt Community Foundation has been there to answer our questions at every turn,” explained Debbie. “They know a lot about endowments and they know a lot about Kans For Kids.”
ANNUAL Adams, Brown, Beran & Ball American State Bank - American Eagle Club Anonymous James and Anschutz Vivian M. Archer Estate Jim and Kathi Armatys Larry and Earlene Arnold Bob and Mary Ayers Micheal and Terri Bahr Chris and Vicki Batchman Robert and Neoma Bates Thomas Bauer Benefit Management, Inc. Marvin and Marilea Beougher Ron and Lorita Berens Shane and Jill Boultinghouse Auston and Molly Brown Charles and Susan Brown Kim Brown Eugene Bugner Lewis and Kathryn Burkes Jerry and Rose Ann Burkhart Barbara Bushnell Estate Roger Butler Forrest and Blanche Button Charles and Amanda Butts Steve Byers C & V Improvement Mark D. and Melanie Calcara Chuck and Tomi Carpenter Sheryl K. Cheely Cinco de Mayo of BT County John and Lois Cochran Nancy Converse Tana Cooper CUNA Mutual Foundation LeRoy and Marilyn Degenhardt Steve and Kim Dobratz Marvin and Kim Dohrman Paul and Pat Doll Dick and Reva Dougherty Linda Dougherty Bob and Linda Dougherty Joan Dreher Jimmy Ellis Lawrence Erbes Mark and Cathy Esfeld Robert Eveleigh Margaret Evers Farmers Bank & Trust Frank and Linda Feist
GIVING Corrine Finger First Kansas Bank Ronald and Nancy Flaherty Robert Foss Earl and Judith Fox Glenna Gaunt GBMS Courtesy Lavern and Joyce Giebbels William Glazner Great Bend Rotary Club Merlin and Nelva Grimes Twila Grose Phil and Kim Grossardt John and Joyce Haberman Marvin and Doris Haberman Maurice Hammeke Holly Harsh Junior and Bertie Hartig Jacqueline Hays Gerald and Eileen Herrman Harriet Herzberg Kenneth and Carol Hickel Wilfrid and Twila Higgins Becky Hill David and Susan Holste Bob and Tammy Holt Tom and Carolyn Humburg Hutchinson Community Foundation John Jaco Gerald and Judy Jenisch Sally Jensen Jim and Judy Johnson Shawn and Janet Jonas Kans for Kids Endowment Kans for Kids Fighting Cancer Foundation Kansas Health Foundation Lois Kaufman Karen H. Keller Becker Jeff and Kathie Keller Kevin and Lori Keller Darrel and Mary Kellerman Jerry and Kayleen Kern Larry and Patricia Klusener Karen Knight Lynn and Susan Krampe Homer Kruckenberg Cynthia Kruse James and Debbie Kuhlman Mary Kummer William and Nancy Langford Harold and Virginia Langrehr
Donor contributions from January 2012 through December 2012
Thomas and Carol Larson Nathan and Shanna Legleiter Chris and Rose Leiker Janis Link Amber Littler Thomas and Shirley Lytle Carl and Dolores Maddy Larry and Karel Maneth Ron and Janet Maneth William and Kay Maneth Chari Manry Jerry and Linda Marmie Charles Marshall Deanna Martinez Curt and Paula Mauler Eugene and Mary Ann Mazouch Gary and Patricia McArthur Terry and Lois Jean McAtee Larry McLeland LeRoy and Sonja McMullen Michael and Terri McQueen Jim and Millie Meroney David and Cindy Meter Orby and Dr. Delores Meyer Lester Miller Arlene A. Mingenback Mark and Leslie Mingenback Abby Mitchell Suzanne Moore Sara Mostrom Mull Family Farm Operating Partnership Roger and Mary Lou Murphy Terry and Karen Naylor Max Nichols Don and Dorothy Niedens Cathie Oshiro Otis-Bison Cougar Booster Lynnae Partridge Dan and Nancy Peschka Tim and Patti Pfannenstiel Renee Phillips Eddie and Karen Price Jean Pringle Wayne and Connie Rathbun Evelyn Reisier Toni Rice W.R. and Yvonne Robbins Kenneth and Diana Roberts Dr. Joe Rosenberg Larry and Lorrie Ruble Don and Cindy Rugan Marvin Sackschewsky
Rush County Nursing Home d/b/a Locust Grove Village Ron and Cathy Sandstrom Brenda Sauer Bert and Karla Schartz Diana Scheuerman Lavina Scheuerman Kay Schmitt Arlen and Gwen Schroeder Dr. Perry and Nancy Schuetz Larry and Kathy Schugart Bob and Ann Seder Ben and Florence Shaffer Hilda Shewbart Simmons & Simmons, Inc. Dr. Perry and Krista Smith Steven and Blanche Smith Tom and Ann Smith Smoky Hill Feedlot, Inc. Dan Soeken Soroptimist International of Great Bend, KS Marilyn Sprawka St. Rose Foundation Donna Staab Barbara Steiner Taber and Penny Stephenson Bill and Dorothy Stoss Ron and Kathy Straub John and Tammy Sturn David and Kristi Suppes Joleen Tammen Terry and Barb Thoren Bill and Jolene Thurston Fr. Tighe Dale and Karen Tolly Darrell and Dara Touslee Joleen Tustin Delores Uhrich USA Gymnastics & Supply Lorraine Volker Ron and Patty Vratil Melvin and Mary Waite Lee Weber Wilmer and Cheryl Wegele Mary Lou Weiser Cynthia Wenban Laura Wenban Roy and Marcia Westhoff Susan Wilson Curtis Wolf Dar Zimmerman Arlene Zorn
Foundation reaches fundraising goal three years early Assets reach $10 million at year-end 2012
GIVING RESOURCES TO OUR WORLD (GROW I) HE ALTH KANSAS INITIATIVE
The Golden Belt Community Foundation was incorporated in 1996 by a group of individuals and businesses who recognized a need for a local vehicle for charitable giving. When the Kansas Health Foundation began the GROW I Initiative in 2000, the GBCF was eager to participate and quickly established a formal board of directors. In the following months this initial board developed a founding donor campaign to raise $300,000 in administrative/operating funds. Thirty-seven founding donors stepped forward and raised $740,000. Subsequent fundraising challenges encouraged the establishment of various endowment funds – and building the permanent assets of the GBCF. Each challenge was successful and resulted in the GBCF having total assets of over $5 million.
THE NEXT CHAPTER— GR OW II Based on the success of the first 10 years of GROW Healthy Kansas, the Kansas Health Foundation announced in 2009 a second chapter of the GROW Healthy Kansas initiative (“GROW II”). GROW II was focused on strengthening the community foundation field in Kansas. Building on the success of the original GROW program, the main goals of GROW II were: 1) to help more Kansas community foundations build permanent resources that will measurably improve the health of local residents and 2) to support collaboration and alliances among community foundations to ensure a well-managed and self-sufficient community foundation field in Kansas. To achieve those goals, the Kansas Health Foundation established a set of objectives that recognized the changing environment for community foundations. The program stressed the importance of “good” endowment to the long-term sustainability of a community foundation. The focus was on endowment that supports the operations of a community foundation and its unrestricted grant making. In addition, GROW II provided incentives for the building of endowment focused on public health. The GROW II initiative was a six-year challenge with a $0.50/$1.00 match. The goal was to reach $10 million by the end of 2015 but because of several significant donations in late 2012, the Golden Belt Community Foundation met its goal three years ahead of schedule. CURRENT ASSETS
Foundation meets GROW II fundraising challenge three years early with the help of yearend major donor The goal was to reach $10 million by the end of 2015 but because of several significant donations late last year, the Golden Belt Community Foundation (GBCF) is three years ahead of schedule. “The $10 million represents the generosity of every Foundation donor since the beginning,” GBCF Executive Director Christy Tustin said. “The gifts over the past few months allowed us to surpass our goal early.” As of now, the total assets of the Foundation are in the neighborhood of $10.7 million. Of that, approximately $1.4 million from several donors was contributed in recent months. Max Nichols, owner of Jomax Construction Co. and lifetime Great Bend resident, is one of the year-end donors who made a significant gift to his donor-advised fund at the Foundation. Nichols wished not to specify the amount he donated but indicated he is a strong Foundation supporter and wanted to make his charitable dollars count. The earnings from his GBCF donor-advised fund are channeled to the Golden Belt Humane Society. “I wanted to have a choice about how the money would be used,” Nichols commented. “The Foundation was the best vehicle to do that.” The Jomax owner noted that he recommends that others consider GBCF because of its ease and flexibility in managing charitable giving. “It’s a headache to set up a private foundation,” he noted. “The GBCF made it easy – just write a check. “There are probably a lot more sophisticated people than myself doing charitable things,” Nichols added. “But the one thing I am short on is time. The Foundation takes care of everything.” Another recent donor is Glenn Mull, Pawnee County farmer and cattle feeder whose family has been in this area since 1874. He also declined to mention the specific amount of his gift but indicated GBCF manages several insurance policies for him with funds earmarked for churches, foreign missions, hospitals, colleges and universities, youth organizations and museums. “I am unaware of any other resource that provides the tools I need to administer charitable contributions,” Mull commented. “The Foundation scrutinizes the complexities and authenticates the 501(c)(3) non-profit eligibility. We have used the Foundation significantly in the past six years and are finding more ways to take advantage of what it offers.” Like Nichols, Mull has shared information about the Foundation with others. “I told a fraternity brother about it and now he is involved too,” Mull said. “He credits me with inspiring him and I admit I liked hearing that. I hope others will contact the Foundation and learn more about it.” The Foundation, which serves Barton, Pawnee, Rush and Stafford counties, was established in 1996. But it became more active in 2000 because of the first Kansas Health Foundation challenge; there were 37 founding donors. The $10 million goal was set several years ago and the board is considering a new goal of $20 million by 2020. Every donor played a role in topping the goal, Director Tustin noted, adding the Foundation also is grateful to: non-profit agencies that build their endowment funds and trust GBCF to manage them; local legal and financial advisors who help clients understand GBCF’s flexibility and options; the board of directors for its vision; and those who have named GBCF in wills and trusts. “Reaching this milestone speaks to the original vision set by the first board of directors - what we to today determines tomorrow,” Tustin said. “Many individuals and businesses have recognized the numerous ways to work with our Foundation so there will be a permanent source of support for local charities. “We exist,” she explained, “to make it easy for individuals, families and businesses to support their favorite causes and to help meet community needs over time.”
Golden Belt Community Foundation—Statement of Financial Position STATEMENT OF ACTIVITIES Year ended December 31,
2012
ASSETS Cash and cash equivalents Investments Interest, Bequests, Gifts Receivable Property and equipment, depreciated Total Assets LIABILITIES AND NET ASSETS Liabilities Payroll taxes payable Funds held as organization endowments Total Liabilities Net Assets Unrestricted Temporarily Restricted Permanently Restricted Total Net Assets Total Liabilities and Net Assets
$
2011
$1,271,055 8,968,790 319,954 69,266
$
127,538 7,742,693 168,957 65,228
$10,629,065
$
8,104,416
$ $
903 253,034 253,937
$
1,264,586 691,501 5,894,295 7,850,382 8,104,416
395,789 395,789
$
1,395,752 1,391,555 7,433,954 10,221,261 $ 10,629,065
STATEMENT OF ACTIVITIES Year ended December 31, SUPPORT AND REVENUE Gifts and pledges, Grants Investment Income Net unrealized and realized gains Administrative Fees Organizational endowment transfer Total Public Support and Revenue EXPENSES Program Services Management and general, fundraising Fundraising Total Expenses Increase in net assets Net assets at beginning of year Net assets at year-end
2012
$
2011
1,977,141 219,615 714,691 74,940 (142,658) 2,843,729
$
370,340 58,703 43,807 472,850
$
2,370,879 7,850,382 $ 10,221,261
$
$
$
$ $
$
$
$
723,576 180,398 (52,400) 60,644 (48,915) 863,303
358,724 61,828 47,756 468,308 394,995 7,455,387 7,850,382
The financial statements for the Gold Belt Community Foundation were prepared by Varney & Associates, CPAs, LLC,
Manhattan, Kansas. A full copy of the audited financial statement is available for review at the Foundation office. The IRS Form 990 and Form 990-T (if applicable) also are available for public inspection at the GBCF office.
You can fe el confident partnering with the Foundation for your philanthropy. The G olden Belt Communit y Foundation has re ceive d the covete d certification of compliance with the Nationa l Standards for U.S. Communit y Foundations from the Council on Foundations. Golden Belt Community Foundation 1307 Williams Street P.O. Box 1911 Great Bend, KS 67530 Phone: (620) 792-3000 Fax: (620) 792-7900 Email: gbcf@goldenbeltcf.org Website: www.goldenbeltcf.org