Officers Geoff Verney President Robert D. Felch Vice President Melissa Philbrick Treasurer Magdalena Reid Secretary
Our Mission
Trustees
by creating and managing funds to ensure a legacy for charitable solutions
Tom Anathan Frank Anton Lisa Botticelli Maureen Fennessy Bousa Marc Feigen Andrew Forsyth Marsha Kotalac Kevin Marshall Neil Marttila Victoria McManus Linda Simmons Robert Tichio Chris Vineis Catherine Ward Finn Wentworth
Grant Maker –
Staff
by awarding grants through the Nantucket Fund™ and donor-directed funds that respond to pressing needs
Jeanne Miller Program Director
Our mission is to strengthen Nantucket now and for future generations through informed philanthropy and community leadership. In pursuit of this mission, we act as a:
Steward –
Charitable Resource – by maintaining in-depth knowledge of the nonprofit sector, and by providing resources for donors, nonprofits, and the community
Catalyst – by mobilizing community leadership to effect collaborative solutions for Nantucket’s most critical issues
Margaretta Andrews Executive Director
Carlisle Jensen Program and Development Officer Diana Harrison Office Manager
9B Bayberry Court P.O. Box 204 Nantucket, MA 02554 508-825-9993 info@cfnan.org
cfnan.org
2019
Annual Report
2019/2020 Board of Trustees
2019 was an extraordinary year for the Community Foundation by any measure. Well over $2 million in grants were awarded through our nearly 100 charitable funds, assets increased by over $5 million, and we purchased an office to provide a permanent home for our team. There was very little time to celebrate, however, in the face of the 2020 pandemic, which overwhelmed our country and our Island. The Foundation acted quickly to create an Emergency Relief Fund, and within a very short period of time, we raised over $1 million. Immediate relief is being provided to our human service providers as they remain
FOR EMERGENCY RELIEF
in business to serve their clients. Our goal, which depends on increased fundraising, is to support many of our nonprofits through this fund as they realize devastating revenue reductions. Programs and fundraising events will be severely impacted during the summer season, and the Community Foundation will do everything it can to help.
In March 2020, the Community Foundation established the Nantucket Fund for Emergency Relief.
We are heartened by the support we received from the community during 2019 and grateful for the response to this recent crisis. Many
The goal of this fund is to sustain critical care and services during the COVID-19 pandemic. We are committed to collaborating and coordinating with all of Nantucket to ensure that we work together to serve those who are vulnerable during this time of great need.
recognize that the Community Foundation is uniquely positioned to respond to a community crisis. Community foundations across the country are working closely as trusted partners with community leaders and funders to address this global pandemic, ensuring that grants are awarded quickly and strategically. Nantucket will recover and emerge stronger than ever. New priorities will emerge, and some of our businesses and nonprofits may look different,
What a Year!
but we trust that the community spirit that is Nantucket will shine through. Your Community Foundation will be here to help. All of us at CFN thank you,
2017
2018
2019
Assets Under Management
$8,658,347
$9,106,657
$14,271,532
Total Grants Awarded
$2,625,164
$3,085,671
$2,320,277
# of Funds Under Management
93
95
99
Geoff Verney, President
Margaretta Andrews, Executive Director
2
Endowing the Nantucket Fund
Nantucket Fund 2019 Contributors
Our strategic initiative to endow the Nantucket Fund began quietly in July of 2018. Through generous donors like you, this fund has grown from a modest sum to over $5.5 million, and we are well on our way to our $10 million goal. The generosity of our donors astounds us, and we are grateful for your confidence in us as we continue to address the most pressing needs in the community for both today and tomorrow.
$1,000,000 McCausland Foundation*
$100,000 to $999,999 Anonymous
Barbara and Amos Hostetter
Cox Family Foundation
Jane and John Loose
Irene E. and George A. Davis Foundation*
John and Gretchen Penrose* The Gilbert Verney Foundation*
Michael and Elizabeth Galvin*
Major Gifts Initiative Growth $7,000,000
$6,000,000
$5,000,000
$50,000 to $99,999
$25,000 to $49,999
Frank and Georgine Anton*
Arbella Insurance Foundation*
Chip Carver and Anne DeLaney*
Lisa Botticelli and Ray Pohl*
Robert D. Felch*
Maureen Fennessy Bousa and Edward Bousa
Andrew Forsyth and Kelly Williams*
$4,000,000
$3,000,000
$2,000,000
The Gordon Gund and Llura Liggett Gund 1993 Foundation*
Cape Air/Nantucket Air*
William and Tracey Marshall*
Hy-Line Cruises
Peter and Bonnie McCausland*
Rogers & Gray Insurance*
Victoria McManus and John McDermott*
Sarah and David Steinberg*
Joe and Deidre Smialowski* $1,000,000
Mr. and Mrs. John Hilton*
* Multi-year pledged commitment
Mr. and Mrs. Robert Tichio* Toscana Corporation*
$0
Geoffrey and Elizabeth Verney* 2015
3
2017
Aug-2018
Dec-2018
Aug-2019
Dec-2019
Finn and Kim Wentworth* 4
“
Being a donor to the Nantucket Fund allows me to make an impact on the Island I call home. The Nantucket Fund ensures that I am able to give back to the vital organizations that address the most significant needs on-Island.
”
John and Jacqueline Keeshan Lyle Lothian and Deb Killen Katherine Logue and Jonathan Nyland Joshua Posner and Eileen Rudden Bonnie J. Sacerdote Karen Urban Chris and Paul Vineis
~ Carl Jelleme
$250 to $499
Daniel Shiff
Al and Mary Novissimo
Mr. W. Geoffrey Beattie*
Alexander Trebby and Ludivine Souhaut
Jane Oman
Richard and Sharon Hussey
Anonymous
Susan Kenny
Anne and Sandy Apgar
Rick and Sarah Knauft
John Arena
Jill Leinbach
Jeanne and John Bennett
Mr.† and Mrs. Dual A. Macintyre Jr.
Mr. B. Armyan Bernstein and Ms. Christine Meleo Mary Casey and Jeffrey Blackwell Amy and Benjamin Bloomstone
Albert Ottison
Dr. and Mrs. George Butterworth
Nicholas and Kathryn Pappas
Trish Bridier
Kristin Campbell and Chris Glowacki
Abby and Steve Perelman
George and Nell Wilson
Lois and Bill Druckemiller
Mr. Allen V. Collins†
Mr. and Mrs. Wayne Wytrzes
George and Maria Roach
Mr. Jay Craven
Lynn and Nick Nicholas
Robert Franklin and Charles Mappin
Siasconset Union Chapel
$1,000 to $2,499
Mr. A. Francis Robinson
Karel and Frank Greenberg
$2,500 to $9,999
Anonymous
The Schwartz Family Foundation
Ms. Toby A. Greenberg
Anonymous
Douglas and Nancy Abbey
Mr. and Mrs. Phil Stambaugh
Patricia S. and Thomas J. Anathan
Linny and Rick Andlinger
Margie and Bruce Warwick
Ritchie Battle
Bank of America Employee Matching Gift Campaign
James F. Meehan and Patricia White
Lesley Blanchard
Philip and Dorothy Bartlett
Jay and Stephanie Wilson
Jeanine and Alastair Borthwick Mr. and Mrs. Coleman P. Burke
Marlene Benson Margaret H. Blair Memorial Fund
Marc and Robin Wolpow Mr. Robert A. Young
Paul Bruno and Noel Berry
$500 to $999
Mr. and Mrs. Edward J. Casey Jr.
Ms. Deborah J. Bryan and Mr. Norman Silberdick
Amanda B. Cross
Janis E. Carreiro
Jockey Hollow Foundation
The Judy Family Foundation
Chris and Jim Cowperthwait
Steven and Pamela Leinbach
Mr. and Mrs. John Knox-Johnston
Daniel and Linda deMenocal
Toni and Martin McKerrow
Marsha Kotalac
Britt and Diane Newhouse Anne Olsen
Zeldy Lyman and Duncan A. White
Jeffrey and Julie Parker
Mr. and Mrs. Michael Massie
Lauri and Brian Posner
Monica and Tom McCasland
Karyn McLaughlin Frist Ellen and Christopher Hoeffel
Bob and Nancy Puff* Mr. and Mrs. John Ruttenberg
5
Jason L. Michel Germain and Patricia Newton Fund
David Oman
Chris and Marianna Brewster
Melissa and Nathaniel Philbrick
Jay and Clare Walker
Jeffrey and Deborah Nicholson Susan and Karl Ottison
John O'Toole
Nantucket License Plate Fund
Tom and Emilia Miner
Frances Brownell
James and Jennifer Denham
Ann and Johnny Johnson
Pamela Merriman
Rich and Janet Brannigan
Kenneth G. Bartels and Jane Condon
$10,000 to $24,999
Up to $250
Hepburn, Ltd Sandra Holland Sarah Oman Horne Julius† and Daintry Jensen Linda and John Johnson Paul W. Keeshan Patty and Gerry Keneally Pamela Lohmann Marilee B. Matteson Barbara O'Reilly »
Mr. and Mrs. Daniel Catlin Jr.
Priscilla Walker Dallmus George and Sarah deMenocal Carolyn Durand and Ben Champoux Paul and Marion Eklund Morgan Ellington Whit and Anne Gifford Wendy T. Gifford
Ms. Margaret C. Pignato Ms. Judith P. Powers Vic and Maureen Reed Edward and Susan Reilly Priscilla Reis Ferdinand and Janet Schmitz Kevin and Donna Singleton Penny F. Snow J. Barry and Charlene Thurston John and Helen Trebby
Network for Good, Inc.
Suellen Ward and John Copenhaver
Robert and Valerie Hall
Walter Wieners
Mason and Candice Heydt Ruth Hodges and John LeClaire
†
Deceased
* Multi-year pledged commitment
» Recurring
Ms. Dorinda D. Dodge Caroline and Douglass Ellis Elliot and Barbara Gewirtz Joe and Maria Grause Hatch's Package Store Sarah Oman Horne and Steve Horne Cissie Jones
6
Nantucket Fund Year in Review
Nantucket Fund
25 Grants, $180,000 to the Nantucket Community
2019 Grants
Uno
With the help of a Nantucket Fund Grant, the Alliance for Substance Abuse Prevention (ASAP) was able to offer their Community Awareness Program with Janina Kean in Spanish for the first time.
20
The number of homeless or inadequately housed individuals who attended the Winter Suppers hosted by the Unitarian Church. These dinners were sponsored by a Nantucket Fund Grant.
300
One third of Nantucket Boys and Girls Club members learned online safety, digital literacy, coding, and digital photography skills through the My.Future program, which was funded through a Nantucket Fund Grant.
$90,000
Total Nantucket Fund Grants that supported Behavioral Health and Housing initiatives, the top two areas of concern as identified by the CFN Advisory Committee.
7
The Nantucket Fund is a permanent endowment for our Island. Our annual grant making has become a vital resource to our Island nonprofits and the community. The 2019 grants included supporting an accessible children’s summer camp, helping replace roofs on year-round affordable rental homes, sailing excursions for our Island’s elders, transporting fresh food to the Island’s food pantry, and providing free warm meals for our Island’s homeless population.
8
Funds Under Management As of December 31, 2019
Donor Advised Max and Pam Berry Donor Advised Fund (2019) Burnt Swamp Forever Fund (2013) Stephen A. Davis Fund (2010) Dean Hutton Fund (2013) Dragonfly Donor Advised Fund (2011) Drial Donor Advised Fund (2010) Robert and Marsha Egan Family Fund (2012) Marianne Hutton Felch Fund (2019) The William H. Frist, M.D. Fund (2008) Wade Greene Donor Advised Fund (2015)
Germain D. and Patricia L. Newton Fund (2013)
Gary M. DaSilva Memorial Fund (2009)
Al and Mary Novissimo Giving Fund (2013)
William A. Hokkanen Endowment Fund (2013)
Olsen Family Fund (2018)
Robert and Eleanor Jones Fund for Adult Literacy (2012)
Penrose Family Foundation Fund (2013) Philbrick Family Fund (2013) Read Family Fund (2016) ReMain Nantucket Fund (2016) Scheerer-Schwanbeck Charitable Fund (2017) Schulte Advisory Fund (2013)
2020 Census Complete Count Fund (2019)
Henry W. Fee Jr. Memorial Scholarship Fund (2018)
Nantucket Cares (2017) Nantucket Culinary Arts Designated Fund (2014)
Jeanette T. Garneau Memorial Scholarship Fund (2013)
Nantucket Pond Coalition Fund (2014)
Jaeger Family – NiSHA Scholarship Fund (2012)
Nantucket Wheelers Fund (2013)
Magical Chicken Scholarship Fund (2011)
Ozone Surf Classic Fund (2013)
Pat Martin Scholarship Fund (2010)
Clarissa Porter Memorial Fund (2012)
Meredith Arts Scholarship Fund (2013)
Rising Tide Preschool Fund (2019)
Nantucket Culinary Arts Scholarship Fund (2013)
Duxtucket Paddle Babes Giving Circle (2013)
Jack Pignato Memorial Scholarship Fund (2014)
Simple Gifts Fund (2014)
Friends of Our Island Home Fund (2013)
TNP Academy Fund Community and Scholars Program (2017)
Elizabeth Thayer & E. Geoffrey Verney Fund (2018) Linden and Madeleine White Fund (2013) Whitcomb Family Advised Fund (2013)
Sally Roberts Mentor Scholarship Fund (2016) Sun Catcher Scholarship Fund (2015) Chris Witte Memorial Scholarship Fund (2019)
Agency / Organization Fairwinds/MY Fund (2017) Nantucket Community Television Fund (2016) Nantucket Safe Harbor for Animals Fund (2013) Nantucket S.T.A.R. Organizational Fund (2013) Small Friends Endowment Fund (2017)
Unrestricted – Grant Nantucket Fund Board Designated Endowment (2019) Nantucket Fund Endowment (2008) Nantucket Grants Fund (2018)
Gray Seal Research Fund (2012) Gutsy Givers Fund (2011) Ladies' Stroll Fund (2014) Madaket Conservation Association Project Fund (2011) Nantucket Analytics Fund (2019)
Will Brown Fund (2012)
Nantucket Golf Foundation Tuition Assistance Scholarship Fund (2010)
Designated
Nantucket Holidays for Heroes Service Dogs Fund (2016)
Moose Moss Donor Advised Fund (2015)
Edith Andrews Fund for Natural History and Ecology (2015)
NCH Community Health Fund (2017)
Margaret H. Blair Memorial Fund (2018)
Nantucket Town Association Reserve Fund (2009)
Britt and Diane Newhouse Charitable Fund (2016)
Jane Bonvini Memorial Fund (2014)
Nantucket Workforce/ Affordable Housing Fund (2016)
9
Gary and Glenn DaSilva Scholarship Fund (2014)
Shackelford Family Advised Fund (2008)
Hanabea Fund (2013)
Mill Pond Donor Advised Fund (2016)
William H. Brown Scholarship Fund (2012)
Sconset Playground and Park Fund (2013)
Phillip F. and Beverly T. Stambaugh Fund (2009)
2 Macs 1 Bloom Family Fund (2013)
Field of Interest – Projects
June Bartlett Scholarship Fund (2011)
Behavioral Health Task Force Fund (2015)
Hale Family Donor Advised Fund (2010)
Hoeffel Family Donor Advised Fund (2019)
Field of Interest – Partners
Taunton Hill Fund (2018)
Edith Andrews Ornithology Scholarship Fund (2015)
Donald B. Shackelford Advised Fund (2008)
G J Smith Donor Advised Fund (2014)
Rachel Hobart and Edward Toole Family Fund (2015)
SSC Pastoral Housing Fund (2010)
Sconset Civic Association Fund (2015)
Scholarship
Nantucket Looms Scholarship Fund (2018)
Gordon and Llura Gund Donor Advised Fund (2008)
Kevin Hickey and Eileen O'Gara Donor Advised Fund (2016)
Nantucket Nepalese Relief Fund (2015)
One Book One Island Fund (2013)
Nantucket License Plate Fund (2014)
The Cultural District Community Engagement Program is the newest addition to the ReMain Nantucket Fund. ReMain has designated a portion of their fund to allow qualified nonprofits to be reimbursed for the cost of meetings, workshops, and other programming within the Downtown Cultural District. Since 2018, over 35 meetings have been held downtown, enhancing the vitality of Nantucket's downtown economy as well as encouraging nonprofits to use new meeting spaces. 10
Individual Donors to Funds Under Management 2019 Contributors
Ellen and Christopher Hoeffel
Richard F. and Justine M. Kingham
Joan P. Holdgate
Barbara Kotalac
William and Louise Hourihan
Marsha Kotalac
Bette Ann Huyser Inquirer and Mirror Island Lumber Company The Islander Package Store Ann H. Jackson
Anonymous
Karla and Stephen Butler
Ben and Kristie Ferrantella
Jason Perkins Construction, Inc.
Catherine Aguiar
Susan Callan
Linda Ferrantella
Jewish Communal Fund
Albert F. Egan Jr & Dorothy H. Egan Foundation Inc.
Virginia Chambers
Tyler Finkle
Brenda B. Johnson
First Congregational Church
Sarah F. Alger, PC
Cheney Brothers Building & Renovation, LLC
Janet Amorello
Chip Webster Architecture
Margaretta Andrews
Coastal Counseling Associates
Annye's Whole Foods Artists Association of Nantucket, Inc. Olivia August Mr. and Mrs. John Backus Nathan Barber Janice L. Barefoot Carol A. Barrett Wendy Beardsley Arthur Bergeron Susan Berman Max Berry and Pamela Thomas Berry Bill Berthoud Lesley F. Blanchard Eleanor Blanton Carl Borchert and Randi Allfather Lisa Botticelli and Ray Pohl Andy Boynton Christin and Steve Brecher Kirk Briggs and Mary Vivian Lowell Bryan Jonathan Burkhart Michael Burns and Pell James
Jim and Jill Lentowski Libby Family Ann Lindley Nina Locario Donna and Jeff Lockhart Pamela Lohmann John Loose Annette Lorber Katherine Logue and Jonathan Nyland
Julie Fitzgerald and Carl Sjolund
Mason Johnson/ Woodmeister Master Builders
Sandra Flavin
Matthew Judson
Sharon J. Macinnis
Monica Sue and Stuart Flegg
The Judy Family Foundation
Richard and Mary Mack
Crowell Freeman† and Kathy Stevens
Mr. and Mrs. Michael H. Kalman
Janet MacKay and Frank Hanlon
James and Lisa Genthner
Karp Family Foundation
John Shea and Melissa MacLeod
Will Conroy
Mr. and Mrs. Richard J. Glidden
Diane Karper
Darcy Creech
Glouston Capital Partners
Randi Kaufman
Hugh Davis
Elisabeth S. Golden
Madaket Residents Association
DeLong Associates, Inc.
Ms. Bee Gonnella
Michelle M. Wall-Kerwin and Robert J. Kerwin
Dana Mallozzi
Penny Dey, Atlantic East Nantucket Real Estate
Barbara H. Gray
Mr. and Ms. Eugene Collatz Commonwealth of Massachusetts, CITC Rebate Maggie Conroy
Dennie Doran and Allan Bell
Richard N. Gray and Joanne T. Lawrence
Richard S. Dunn
Hannah Judy Gretz
Tharon and Lee Dunn
William and Kathleen Grieder
Fran Karttunen
“
Denise Lynch
Eleanor E. MacVicar
Marine Lumber Company Tom McCann Maura McGloin James and Priscilla McIntosh Victoria McManus and John McDermott Richard and Marianne Melville Carl Merritt Jeanne and Bruce Miller Jeffrey and Susanne Miller Beth Morris Museum of African American History, Inc. Nantucket Arts Council, Inc. Nantucket Atheneum Nantucket Book Partners Nantucket Community Music Center Nantucket Conservation Foundation Nantucket Golf Club Foundation, Inc. Nantucket Historical Association
Donald and Anne Edwards
Hale Family Foundation
Egan Group, Inc.
Mary Haley
This year, we had the eleventh meeting of the Gutsy Givers, a group of friends who get together every year for a dinner party to give back to our community. Over the years, we have given over $39,000 to local nonprofits that support our community, which is pretty amazing.
Marsha and Bob Egan
Patricia Haley
~ Marsha Kotalac, Gutsy Giver
Margaret R. Eger
Dorothy E. Hancock
Paul and Marion Eklund
Michael P. Hanlon
Jeremy and Tanya Eldridge
Reginald and Genevieve Harmon
Carolyn Durand and Ben Champoux
Marcia T. Eldridge Janice Ellsworth William and Susan Ewing Janet Eyre
LeeAnn Buse
Sheila and Matthew Fee
Mrs. Arthur Butler
Robert D. Felch
11
Kathleen Legg
James and Alice Malone
Mary and Robert Haft
”
Martha Heidl Kevin Hickey and Nellie O'Gara Eugene and Janet Hilzenrath Ms. Rachel Hobart and Mr. Edward S. Toole
12
The Nantucket Hotel Nantucket Island Chamber of Commerce Nantucket License Plate Fund
Jennifer and Gabriella Psaradelis J. M. Ramos, Inc. Read Family Fund Vic and Maureen Reed
Nantucket Lighthouse School, Inc.
Diana Regan
Nantucket Lightship Basket Museum
Priscilla Reis
Julie and Karsten Reinemo
Nantucket Looms
Roberta Reis
Nantucket Preservation Trust, Inc
Norman and Linda Reith
Nantucket Triathlon Neil Paterson, Inc.
Thomas and Lee Anne Richard
Network for Good, Inc.
Nate and Tracy Roberts
Chip and Anne Newton
Alice Rogoff
Mr. and Mrs. Germain D. Newton
Ryder Electric, Inc.
Sybil Nickerson Al and Mary Novissimo
Santos Rubbish Removal, Inc.
Anne Olsen
Sarah F. Alger, PC
Barbara O'Reilly
Ann Schmidt
Deanne Ottaviano
Peter and Kimberly Schulam
Susan and Karl Ottison
Janet Schulte
Partners Healthcare System, Inc.
Cheryl Maureen Searle
Trish Pastuszak
Robert and Lois Shapiro
Laurie and Thomas Paterson
Reema Sherry
John and Gretchen Penrose
Catherine Slattery
Cheryl Perelman
Joe and Deidre Smialowski
Anne Perkins
Jeremiah and Shirley Smith
Olivia Petrasch
Geoffrey Smith
Judith Phelan
Paul and Theresa Smith
Philanthropy Massachusetts
Rev. Georgia Ann Snell
Carol Pillion
Deborah Speer
Neil and Andrea Planzer
Spring Sea Run Opener
Martha and Charley Polachi
William Struncis
Ms. Kathleen N. Psaradelis
ReMain Nantucket, LLC
Richard and Barbara Sada
Alex and Christine Seaver
Community Foundation for Nantucket
Marianne and Kurt Sullivan Joseph and Nancy Swain
Year in Review
Swain's Travel, Inc. Tina Tait Mark Tercek Shirley Thompson Susan E. Thurston Mr. and Mrs. Robert Tichio The Tilton Family Steven and Elizabeth Tornovish Toscana Corporation Town of Nantucket
The Community Foundation for Nantucket has grown dramatically over the past few years. We are proud to manage nearly 100 funds and be a philanthropic leader on Nantucket, delivering the highest quality donor services.
Marjory Trott Tupancy-Harris Foundation Leslie Tustin Scott Ulm Union Lodge F. & A.M. Jane and Kenneth Valero Elizabeth Thayer & E. Geoffrey Verney Foundation Laura Wasserman and Ian Golding Duncan White Linden and Edith White Susan Widger Mr. and Mrs. Edward Wight
In 2019, the Foundation achieved accreditation with National Standards for U.S. Community Foundations®. This accreditation, signified by the Seal shown here, indicates that the Community Foundation for Nantucket meets the highest standards for philanthropic excellence.
Will Brown Fund Duncan Will Cary M. Williams Emily Yacus and Josh and Lily Frost
†
Deceased
“
This is a significant accomplishment. When people trust CFN with a charitable bequest, to establish a fund, or set up an annuity, they do it knowing that we have met rigorous standards for donor services, investment management, grantmaking, and administration. ~ Geoff Verney, CFN Board President
13
”
14
Community Foundation Introduces
Rising Tide Preschool
2019
Cornerstone Contributors Supporting the Foundation’s Operations $25,000+
In December of 2019, Nantucket Children’s Center (formally Wee Whalers) abruptly shut its doors. With our help, the staff and parents are creating a nonprofit to take its place, Rising Tide Preschool. Through the Community Foundation, they have opened a Field of Interest Fund to collect donations and process expenses until they obtain their nonprofit status. In addition, the Foundation awarded them a Nantucket Fund Grant to kick-start their journey to become a stable resource for our Island’s working parents and their children.
$10,000 to $24,999
Marine Home Center°
Ellen and Christopher Hoeffel*
Susan Blount and Richard Bard
Monica and Tom McCasland
Barbara and Amos Hostetter
Christina Craighead
Victoria McManus and John McDermott*
Stephen A. Davis*
Mr. and Mrs. Donald B. Shackelford*
Marc and Sheri Feigen
Mrs. W. Laird Stabler Jr.
Reid Builders°
Michael and Elizabeth Galvin
Stillwaters Charitable Trust
Lucile W. Hays*
Finn and Kim Wentworth
$2,500 to $9,999
$1,000 to $2,499
40North, 70West, Inc.°
Anonymous
Douglas and Nancy Abbey
Patricia S. and Thomas J. Anathan
Chris Bierly and Margaret Boasberg
Curtis L. Barnes
Zeldy Lyman and Duncan White Mr. and Mrs. Ian R. MacKenzie Gregory and Tracey Morzano Sherley Newell
Maureen Fennessy Bousa and Edward Bousa
Mr. and Mrs. C. Marshall Beale
Mr. and Mrs. Robert Butler
Marlene J. Benson
Kathleen and Jim Poole
Gretchen and David Callahan
Annie Bissinger and Mark Poor
Bob and Nancy Puff
Lisa Botticelli and Ray Pohl
Heather Reisman and Gerald Schwartz
Beth and Wayne Davies Eastwood Flooring° Marianne and Bob Felch †
Will Brown Fund
Jane Oman
Mrs. Magdalena Padzik Reid »
James A. Burruss and Mary H. Fontaine
David and Lori Sherrill
The Cape Cod Five Charitable Foundation Trust
Barbara and David Spitler
Nantucket Networks°
Chip Carver and Anne DeLaney
Mr. and Mrs. Phil Stambaugh
Albert Ottison
Heidi Cox
Lynn Petrasch
Amanda B. Cross
Melissa and Nathaniel Philbrick
Beth and Wayne Davies
Mary and Robert Haft Hoff Woodworking° Sandra Holland » Maine and ACK HVAC°
Protext Electric° Mr. and Mrs. Robert Tichio Geoffrey and Elizabeth Verney Jim and Roselee Wayman
Mr. and Mrs. Michael Eisenson Andrew Forsyth and Kelly Williams The Islander Package Store Marsha Kotalac Richard and Nancy Lubin
15
Susan and Karl Ottison
Siasconset Union Chapel Greg and Laura Spivy George and Ann Thom Sandra Urie and Frank Herron Jay and Clare Walker Rick and Jean Witmer
$500 to $999 Carrie and Leigh Abramson Frank and Georgine Anton Mr. and Mrs. Harrison M. Bains Jr.
16
“
The Community Foundation for Nantucket has a well-earned reputation as a convener and leader for positive change for the future of Nantucket.
”
~ Senator Julian Cyr
Mary Randolph Ballinger Kenneth G. Bartels and Jane Condon Bill Belichick and Linda Holliday Mr. and Mrs. Daniel Blumenthal Joan R. Bolling Mr. and Mrs. W. Michael Cozort Mr. and Mrs. Alan Deombeleg
Marilee Matteson Polly and Nick Miller
Melanie and Bob Sabelhaus
Nantucket Glass and Mirror
Schwab Charitable Matching Gift Fund
Nantucket Pharmacy The Racemaker Charitable Fund Peg and Phil Read George and Maria Roach Harry and Therese Robishaw Brian Sullivan
Lee and Tharon Dunn
Catherine S. Ward
Julie Fitzgerald and Carl Sjolund
Linden and Madeleine White Fund
Allan and Harriette Fox
$250 to $499
Ted and Andrea Giletti
Diana and Jeff Owen
Andre Spears and Anne Rosen Ramsay and Holly Stabler
Susan Beamish
Kevin Marshall
Neil and Lauren Marttila
Al and Mary Novissimo
17
Janis E. Carreiro William Cashman
Ali and Peter Jennison Susan Kenny
Pamela Van Hoven Clark
Richard F. and Justine M. Kingham
Fredrika V. Cox
Marsha Kotalac
Jack and Renee Cuneo
Ed and Cyndi Maggio
Mr. and Mrs. David S. Deutsch
Thomas and Amy Maggs
Dennis Doran
Mr. and Mrs. Philip Marks Jr. Bea Dolan Murphy
Tish Emerson
Dr. Frederick and Mary Seidel Rev. Linda Simmons Charles Soule Craig and Linda Spery John and Lynne Stahler Robert and Deborah Taylor Mr. and Mrs. J. Gwynne Thorsen Clark and Andrea Wagner Nancy G. Walker
Sheila and Matthew Fee
Nantucket License Plate Fund
Rachael Freeman and Sam Slosek
Jeffrey and Deborah Nicholson
Mr. and Mrs. Lou Gennaro
James and Cheryl Perelman
Lew and Wendy Winger
Wendy T. Gifford
Abby and Steve Perelman
Brian and Allison Woram
Peggy Gilfoy
Elizabeth A. Polster
Mimi Young
Mr. and Mrs. Paul Gudonis
Ms. Judith P. Powers
†
Robert and Valerie Hall
Ms. Diana R. Regan
* Multi-year pledged commitment
Khaled and Jennifer Hashem
Mary Reichl
» Recurring
Bonnie J. Sacerdote
° In-kind
Charles and Nancy Walters Emma Ward Dr. and Mrs. Francis M. Weld
Deceased
The Community Foundation's new office at 9B Bayberry Court.
AmazonSmile Foundation
Robert Franklin and Charles Mappin
John and Judith Lochtefeld
Barbara S. Jenkins
Anonymous
John Arena
Lucille A. Jordan
Kristin Campbell and Chris Glowacki
Nancy Tower Scott
Up to $250
Mr. and Mrs. Eric Holch
Cecil Barron Jensen and Paul Jensen
Fred † and Jan Jaeger
Suellen Ward and John Copenhaver
Judith and Daniel Drake
David Berson and Katie Lacey
Robert and Norma Burton
Mr. Eric Savetsky and Ms. Ann Fitzgerald
Chris and Paul Vineis
Christian and Liliane Haub
Joe and Maria Grause
Mrs. Joan P. Holdgate
Mr. and Mrs. W. Laird Stabler III
Chris and Marianna Brewster
William and Louise Hourihan
Kyra and Charlie Haydock
Hepburn, Ltd
Don and Mary Shockey
Hatch's Package Store
Ann and Peter Holmes
John and Lisa Bermel
Steve and Marcia Anderson
Mr. and Mrs. Kenneth L. Beaugrand Judy and John Belash Gary A. and Carole P. Beller Jeanne and John Bennett Mr. and Mrs. Edward S. Bent
18
Leadership Conference
“
Scholarships
We established the Taunton Hill Fund with the Community Foundation as a way to support the Nonprofit community on-Island as well as provide invaluable educational opportunities for these community leaders. In the past two years,
In 2019, the Foundation awarded $64,000 in community scholarships to 28 local students. Each scholarship was established by donors for the purpose of helping younger generations of Nantucketers further their education through both graduate and undergraduate programs.
Margaretta and her team have expertly produced two full-day Nonprofit Leadership Conferences, which emphasized skill-building, collaboration, networking, and leadership. It has been most rewarding to work with the Foundation
�
to see our vision come to life. ~ Joe and Deidre Smialowski 19
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Memorial Gifts
Tribute Gifts
2019 Contributors
2019 Contributors
Memorial gifts include donations made in memory of members of the Nantucket community. In memory of:
Tribute gifts include donations made in honor of and in celebration of people and special events. In honor of:
June Albaugh
Frank and Georgine Anton
Kathleen and William Grieder
Franklin Bartlett Susan and Karl Ottison Albert Ottison
Allen Vincent Collins Priscilla Walker Dallmus
Mr. and Mrs. Ronald M. DaSilva Diana Regan
Marinne Hutton Felch Sarah Alger and Bruce Malenfant Margaretta Andrews Allan Bell and Dennie Doran Lisa Botticelli and Ray Pohl
Carolyn Durand and Ben Champoux Janet Eyre Bob Felch Tyler Finkle Donna and Jeff Lockhart Victoria McManus and John McDermott Al and Mary Novissimo Vic and Maureen Reed Mr. and Mrs. Robert Tichio Clare and Jay Walker Duncan Will
Donald Freytag Jane Oman
Joan McCreery Gerster
Lalande McCreery Keeshan Paul Keeshan
Dr. James McMullen Susan and Karl Ottison Albert Ottison
David Ozias John and Annie Backus
Louise Swift Trish Pastuszak
Marcia Wasserman Joanne Lawrence and Richard Gray Annette Lorber Nancy Swain Laura Wasserman and Ian Golding
Mr. and Mrs. James S. Denham IV
Maureen Fennessy Bousa Jeanine and Alastair Borthwick
Judy Fee Judy's YacFros
Bob Felch Kenneth G. Bartels and Jane Condon
Alison Forsgren Penny Dey, Atlantic East Nantucket Real Estate
Virginia Geller David and Kathy Geller
Ellen and Christopher Hoeffel Sarah Oman Horne
Sarah Oman Horne David Oman
Patience Killen James and Cheryl Perelman
Marsha Kotalac Paul Keeshan
Jeanne Miller John and Jane Loose
Jane Oman David Oman
David Oman Jane Oman
Geoff Verney Lynn and Nick Nicholas Bonnie J. Sacerdote
Legacy Society
Paul Keeshan
2019 Contributors In December 2019, a beloved member of the community passed away. Marianne Hutton Felch was actively engaged in religious, educational, and social service pursuits on her beloved island. Her husband, CFN Trustee Bob Felch, chose to honor her legacy by creating the Marianne Hutton Felch Fund to support a group of local nonprofits that aligned with Marianne’s wishes. Many donations to this fund were made after the New Year; those donors will be listed in our 2020 Annual Report.
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The Community Foundation recognizes and thanks friends listed below who have arranged a bequest or made a planned gift to the Foundation. Patricia and Thomas Anathan
Zeldy Lyman and Duncan White
Susan Ottison
Margaret H. Blair †
Thomas Maggs
Nancy Chase †
Chris and Linda Meredith
Lynn Petrasch
Marsha Egan
Anne Olsen
Robert D. Felch
Richard H.† and Jane Oman
John Penrose Philip Stambaugh †
Deceased
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Community Foundation Reacts to COVID- 19
Community Foundation for Nantucket
New Office
FOR EMERGENCY RELIEF
The Nantucket Fund for Emergency Relief addresses immediate and long-term needs stemming from the COVID-19 crisis. Grants focus on providing operational assistance to our Island’s nonprofit human service providers. As of April 2020, we awarded $434,000 in grants to 15 Island organizations. To meet the ever-changing needs of many Nantucket residents during the pandemic, the Foundation designated funds within the Nantucket Fund for Emergency Relief specifically for food. The Food Initiative encourages nonprofits to partner with local restaurants to order meals for their constituents. In turn, the Foundation reimburses the nonprofits for the cost of the meals. This initiative has funded an average of 900 meals to our community.
Trustees and staff celebrating the opening of our new office with a Nantucket Island Chamber of Commerce ribbon-cutting ceremony.
In April 2019, we moved into our permanent home. Since opening our doors, 9B Bayberry Court has become a hub of activity. It is a place where many of our Island organizations convene, collaborate, and make a difference in our community. We are enormously grateful to everyone, especially our contractor, Rob Reid, for helping us along the way.
In-kind Donors: 40North, 70West, Inc. Eastwood Flooring Hoff Woodworking Marine Home Center Maine and ACK HVAC Nantucket Glass & Mirror
ACK SAVES Fund is a designated fund to support Nantucket Food, Fuel, and Rental Assistance. This fund was established to help serve the immediate and emergent needs of individual islanders and their families. 23
Nantucket Networks Protex Electric Reid Builders 24
Statement of Financial Position
Statement of Operation Activities
Year Ended December 31
Year Ended December 31
2019
Assets
Current Assets Cash and Cash Equivalents Contributions Receivable Prepaid Expenses
$
Total Current Assets
Net Property and Equipment Non-Current Assets
1,709,250 856,452 5,841 2,571,543 938,952
$
10,206,385 554,652 10,761,037
Long-Term Investments Cash Held for Real Estate Purchase Real Estate Purchase Deposit Contributions Receivable, Net of Discount
Total Non-Current Assets
Total Assets
2018 1,156,826 383,576 3,112 1,543,514 3,601 6,883,672 79,000 79,750 517,120 7,559,542
$ 14,271,532
$
9,106,657
Liabilities and Net Assets
2018
Support and Revenues Gifts, Grants and Contributions Grants and Contributions In-Kind Donations
$
5,958,238 $112,630
$ 4,588,339 $0
1,311,949
(308,720)
136,083
140,389
Other Revenues Investment Return (Loss) Other Revenue Received on Behalf of Funds
Total Support and Revenues
$
7,518,900
$
4,420,008
Functional Expenses
Current Liabilities
$
Current Portion of Long-Term Debt Accounts Payable Grants Payable Grants Payable from Agency Funds Held For Others Agency Funds Held For Others
Total Current Liabilities
10,451 20,522 63,277 248,871 343,121
$
7,882 34,956 270,100 312,938
Long-Term Liabilities Long-Term Debt, Net of Current Portion
Total Long-Term Liabilities
Total Liabilities Net Assets
588,409
-
588,409
-
931,530
312,938
5,182,851 132,704 223,139 574,156 556,194 780,252 1,250,957 357,199 340,092 9,397,544
3,967,205 141,203 182,742 517,541 483,346 615,234 645,560 503,253 7,056,084
555,904 3,386,554 3,942,548 13,340,002 14,271,532
900,696 836,939 1,737,635 8,793,719 9,106,657
Net Assets Without Donor Restrictions: Donor-Advised Funds Designated Funds Special Project Funds Partner Funds Scholarship Funds Nantucket Fund - Grantmaking Nantucket Fund - Board Designated Endowment
Operating Funds Invested in Property and Equipment Total Net Assets Without Donor Restrictions
Net Assets With Donor Restrictions: Restricted by Time Nantucket Fund - Donor Designated Endowment Total Net Assets With Donor Restrictions
Total Net Assets
Total Liabilities and Net Assets
2019
$
$
Total Program Services $
Grants Program Expenses on Behalf of Funds Program Related Operating Expenses
Total Program Services Administrative Fund Raising Total Functional Expenses Total Changes in Net Assets Net Assets - Beginning of Year Net Assets - End of Year
Financial information is extracted from the financial statements that were audited by Smith, Sullivan & Brown PC, who rendered an unqualified opinion on them. Copies of the complete financial statements are available on our website at www.cfnan.org.
$
2,320,277 138,477 228,548
$
3,085,671 283,316 209,423
2,687,302
3,578,410
192,016
178,156
93,299
81,186
2,972,617
3,837,752
4,546,283
582,256
8,793,719
8,211,463
13,340,002
$
8,793,719
Functional Expenses 5% 2%
6% 3%
91%
2019
93%
2018
Total Program Services Administrative Fund Raising
26