2015
Annual Report
2015 A celebration of 10 years supporting and enriching the quality of life on Nantucket
Our Mission 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 – by creating and managing funds to ensure a legacy for charitable solutions
Grant Maker – by awarding grants through the Nantucket Fund™ and donor-directed funds that respond to pressing needs Charitable Resource – by maintaining in-depth knowledge of the non-profit sector, and by providing resources for donors, non-profits, and the community
Catalyst – by mobilizing community leadership to affect collaborative solutions for Nantucket’s most critical issues
Ten years ago a small group of special people got together and started the Community Foundation for Nantucket. With the support of a handful of donors, a Community Grants fund was established to support Island nonprofits, which distributed $26,000 in its first grant cycle. Today that fund is The Nantucket Fund™ which, thanks to your support, awarded $140,000 in community grants in 2015. In our tenth anniversary year we created a new Strategic Plan to help us navigate the next decade. It was determined that the best way forward is to focus our efforts on the Nantucket Fund™, and we have begun the preliminary work to substantially grow this Fund with the support of several major donors. Together with Island thought leaders, we continue to focus on the core issues Nantucket faces – affordable housing, mental health and substance abuse, childhood development and access to childcare, affordable yearround transportation, embracing our community’s diversity, and elder care and support. Many thanks to our community roundtable participants who helped us keep a spotlight on Island challenges. We also thank our local nonprofit leadership for their participation in many Community Foundation sponsored initiatives, including programs that foster best practices and collaboration among our important Island organizations. The added value a Community Foundation brings is undeniable. In 2015, the Foundation awarded grants totaling $850,000 to Nantucket charities for specific initiatives that are important to sustaining our vibrant community. We thank you for helping us improve the quality of life here on Nantucket. With our gratitude,
Victoria McManus Margaretta Andrews President Executive Director
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Celebrating 10 Years a retrospective
We have certainly grown since 2006! Dec 31
Dec 31
2006
2015
Total Assets
$76,245
$3,912,074
Total Grants
$40,726
$841,684
# of Funds Under Management
6
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Nantucket Bike Rack Project Fund Teckie and Don Shackelford spearheaded an effort to purchase new bike racks for our Public Schools in 2011. They pooled donations into a project fund, in hopes the new racks would encourage more students riding their bikes to school.
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Duxtucket Paddle Babes Giving Circle In 2014, a group of avid platform tennis players from Duxbury and Nantucket raised the funds for a grant to Dana-Farber Cancer Institute Neuroblastoma Research Program after a successful Platform Tennis weekend in Nantucket in honor of the niece of a long-time participant.
Nantucket Wheelers Partner Fund “Setting up our fund with the Community Foundation for Nantucket gave us the extraordinary opportunity to devote our time and energy solely to fundraising and implementation, rather than on board meetings, paperwork, and filings with the state, while still allowing our sponsors and donors to make a tax free contribution.� - Darcy Creech, the inspiration behind this program created in 2013.
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Operations 2015 Contributors $10,000+ The Gordon and Llura Gund Foundation
Susan and Karl Ottison Penrose Family Foundation Fund
Ellen and Christopher Hoeffel Mr. and Mrs. Tom McCasland, III Victoria McManus and John McDermott Nantucket Bank a division of Blue Hills Bank *
Helen and Charles Schwab Mrs. W. Laird Stabler Jr. The Peter and Elizabeth C. Tower Foundation
$5,000 to $9,999
Ms. Mary H. Fontaine
Mr. and Mrs. James S. Bennett
Hale Family Foundation, Inc.
The William H. Frist, M.D. Fund
Tucker and Michelle Holland
Karp Family Foundation The Lindsay Foundation Britt and Diane Newhouse Charitable Fund Mr. and Mrs. Robert Tichio Elizabeth Thayer and E. Geoffrey Verney Foundation
Mrs. Lucile Hays Iacocca Family Foundation The Judy Family Foundation Ms. Marsha Kotalac Richard and Nancy Lubin Zeldy Lyman and Duncan White Mr. and Mrs. Thomas O. Maggs
G J Smith Donor Advised Fund Spivy Family Philanthropy Fund Mr. and Mrs. Phil Stambaugh Bernadine L. Stebbins Mr. and Mrs. Louis Susman Ms. Pamela Thomas Jay and Clare Walker Ron and Ellen Winters
$500 to $999
Mr. and Mrs. William McNabb
Mr. and Mrs. C. Marshall Beale
Tina and Tim Moore
Bill Belichick
$1,000 to $4,999
Nantucket Historical Association °
Mr. and Mrs. Samuel Bailey, Jr.
Mr. and Mrs. Daniel Blumenthal
Nantucket Atheneum °
Mrs. Robert H. Bolling
Franci Neely Foundation
Mr. and Mrs. Bernard Coffin
Richard and Jane Oman
Heidi Cox
Mr. and Mrs. Nathaniel Philbrick
Barbara Fife
Phillips Family Foundation/ Wayne and Elizabeth Davies
Cassandra H. Henderson
Mr. and Mrs. F. Helmut Weymar
Mr. Curtis L. Barnes Mr. W. Geoffrey Beattie Lisa Botticelli and Ray Pohl Will Brown Fund The Cape Cod Five Charitable Foundation Trust Ms. Darcy Creech Stephen A. Davis Fund Mr. and Mrs. Robert Egan Marianne and Bob Felch
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Hatch’s Package Store
Bill Porter and Peggy Davis
The Islander, Inc.
Schwab Charitable Matching Fund
Polly and Nick Miller
Donald B. Shackleford Advised Fund Joseph and Deidre Smialowski
Nantucket Conservation Foundation ° Ms. Magdalena Padzik Warren and Susan Stern Family Fund
up to $500
Ms. Margaret Gilfoy
Mr. and Ms. Robert Schwed
Anonymous Donor
Lisa Grace
Thekla Shackelford
Aetna Foundation, Inc.
Joe and Maria Grause
Don and Mary Shockey
Mr. and Mrs. Nathan Allen
Mr. Robert and Dr. Valerie Hall
Mr. and Mrs. Van Smith
Amazon Smile Foundation Merrick and Beatrice Andlinger
Mr. Khaled Hashem Mary Heller
Michael S. Bachman and Ellen B. Ryder
Mr. and Mrs. Richard Herman
Mr. and Mrs. William G. Beattie
Mr. and Mrs. Eric Holch
Ms. Penny F. Snow Mr. and Mrs. L. Phillip Snyder Frank and Bette Spriggs St. Pauls Church in Nantucket Ramsay and Holly Stabler
Mr. and Mrs. John Belash
Donald W. Holdgate and Sandra Holdgate Lundin
Jeanne and John Bennett
Jan Jaeger
Rebecca and Ted Bent
Diane Karper
The Rev. C. William and Linda Steelman
The Brandt Foundation
Susan F. R. Kenny
Ann and Bob Stock
Elizabeth B. Braun
Anne M. Lanman
Ted and Sandy Taylor
Frances Brownell
Lenzner Family Foundation
Phyllis Burchell
Pam Lohmann
Carolyn Thayer Interiors, Inc.
Jennifer and Jim Calhoun
Mr. and Mrs. Ian MacKenzie
Martha Carr
Ms. Joan H. Manley
Janis Carreiro
Ms. Christine Matthews
Patricia Casale and Gary Gut
Ms. Annette McGrath
Tim Cashman
Jeanne and Bruce Miller
Howard Chadwick
Nantucket License Plate Fund
Cindy and Tyler Chase Mr. and Mrs. David Deutsch William Duane Charities Account
Nantucket Country, LLC Karen Lamb Nassif Deborah Nicholson
Mr. and Mrs. John C. Stahler
George and Ann Thom Mr. and Mrs. John E. Tiffany Pam and Will Waller Charles and Nancy Walters Tom and Emma Ward Catherine S. Ward LaRoy and Stephanie Warner Dr. and Mrs. Francis Weld Richard and Betsy Werdiger
Sheila and Matt Fee
Jim and Suzanne Nicholson
Mr. and Mrs. Joseph S. Freeman
Jenny and Stephen Paradis
Mr. and Mrs. Robert Westbrook
Mrs. Priscilla L. Reis
Ms. Sherrill Wilson-Liljegren
Elizabeth Gallant
Suzanne and J. B. Rorick
Mr. and Mrs. Robert Gardner
Mr. and Mrs. Peter F. Ryan
David Worth and Leslie Forbes
Mr. and Mrs. Whitney Gifford
Mr. Van Schreiber
Robert Young
° nonprofit contributions to the 2015 State of the Sector Initiative
fun fact
* Gift-in-kind
Giving is Good for Your Health.
The Americans’ Changing Lives study is the oldest, ongoing national study of social, psychological and behavioral factors in health. Researchers from the National Institute of Aging started with a representative cross-section of the U.S. population in 1986 and have followed those survivors for the past 25 years. ACL is the first—but certainly not the only—study to determine that volunteerism and giving is good for your physical and mental health. Making charitable donations triggers the brain’s reward center, the same way food and sex do; researchers call it a “helper’s high.”
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How We're Making a Difference with grants
Community Education The Alliance for Substance Use Prevention used a Nantucket Fund™ grant to hire a speaker from an organization called Operation Parent to give two presentations to parents, caregivers and community members, on the issues of Social Media and Facts about Drugs and Alcohol. “The Community Foundation for Nantucket is a valuable asset to our community at large as it provides funding for many important initiatives that otherwise would not come to fruition.”
- Holly McGowan, President of A.S.A.P.
Emergency Pet Services for Families in Need The Nantucket Fund™ supported the Lucky Whiskers and Wags Program at Nantucket Safe Harbor for Animals, offering financial aid to people with an acutely ill or injured pet. “The Community Foundation for Nantucket promotes community by helping Nantucketers support local causes: CFN helps Nantucketers help Nantucketers!”
- Pam Murphy, NSHA
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Each year our Nantucket Fund™ grant recipients report back on how our support enables them to better fulfill their missions. Some significant community initiatives are featured below.
Increased Local Oncology Services The Nantucket Fund™ helped Swim Across America ensure that all net proceeds of the annual Nantucket Swim go towards cancer treatment and patient care on Nantucket. “The Community Foundation for Nantucket helps all Nantucketers – those in need and those like us that want to help other islanders; by helping us to ‘connect the dots’ and have the most positive impact we can on our community.”
- Jenny Paradis, Swim Across America Nantucket
Sensory Art for S.T.A.R. The Nantucket Fund™ supported Nantucket Sports and Therapeutic/Accessible Recreation in 2015 specifically to underwrite a Sensory Art class in collaboration with the Nantucket Artists Association. Gabriella Psaradelis, frequent participant in Nantucket STAR programs, showed off her completed work at our annual Grants Recipients Breakfast.
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The Nantucket Fund™ 2015 Contributors $10,000+
Victoria McManus and John McDermott
Mr. Max N. Berry and Ms. Pamela Thomas
Nantucket License Plate Fund
Diamond Family Foundation
Nantucket Magazine *
The William H. Frist, M.D. Fund
Penrose Family Foundation Fund
Mr. and Mrs. Michael Galvin
Siasconset Union Chapel
Mr. and Mrs. Charles Geschke
Mr. and Mrs. Robert Tichio
Barbara and Amos Hostetter
The Gilbert Verney Foundation
Mr. and Mrs. John Loose
Kelly Williams and Andrew Forsyth
$1,000 to $9,999
Jockey Hollow Foundation
The Sondik Foundation, Inc.
Mr. and Mrs. Samuel Bailey, Jr.
Mr. and Mrs. John F. Lochtefeld
Mr. Alexander Trebby
Ms. Deborah J. Bryan and Mr. Norman Silberdic Ms. Mary S. Cross †
Zeldy Lyman and Duncan White
First Congregational Church Lauire Gilmour Mr. and Mrs. Ryan Gunnigle Mary and Robert Haft Mr. Roger Horchow
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Mr. and Mrs. William McNabb
Liz Ziebarth and Justin Kelley
$500 to $999 Atlantic East Real Estate
Mr. Jason Michel
Lisa Botticelli and Ray Pohl
Adrienne and Jeffrey Owen
Deborah Merrick Brisbane
Jeffrey and Valerie Paley
Cross Rip Outfitters *
Mr. Gerald Schwartz
East Wood Trading Company
Rev. Georgia Ann Snell
Mr. and Mrs. William Farrell
Mr. and Mrs. Phil Condon
Franci Neely
Marianne and Bob Felch
Mr. and Mrs. Gary Cosay
Hatch's Package Store *
Patricia Curran
New Hampshire Community Loan Fund
Tucker and Michelle Holland
Daniel W. Drake *
Annabelle Hooper, LLC
Heidi Drew
The Islander, Inc.
Thomas Duchesneau and Caroline Dane
Mr. and Mrs. John Keeshan
Jeffrey and Sarah Newton Robert A. Olson P & M Reis Trucking * Arleen Paquette
Tharon and Lee Dunn
Margaret C. Pignato
Michael Farello
Lauri and Brian Posner
Sheila and Matt Fee
Mary Reichl
George and Ann Thom
Doris Glazer
Vineyard Vines *
Carol Haddad
Harry and Therese Robishaw
up to $500
Margot G. Hartmann
Miacomet Golf Club * Mr. and Mrs. Myles M. Reis, Jr.
Anonymous Donor Airport Gas Nantucket *
Hatch's Package Store Mr. and Mrs. Mason Heydt G. S. Hill Gallery
Mr. and Mrs. Ferdinand Schmitz IV A and A Spears Fund Frank and Bette Spriggs
Linda and John Johnson
Phillip F. and Beverly T. Stambaugh Fund
Ms. Julianne Kever
Standard and Poor's
Sherri C. Kielland Anne M. Lanman
Mr. and Mrs. J. Barry Thurston
Mr. and Mrs. William Lothian
Holly and Stephen Visco
Phyllis Burchell
Deron Lovepond
Mr. and Mrs. R. C. Butler
Cyndi Maggio
Linden and Madeleine White Fund
Kathleen and George Butterworth
Marine Home Center *
Cape Cod Five Cents Savings Bank
Barbara and Harry Mintz
Archer Martin Associates Ayco Charitable Foundation Beds & Borders * Debby Belichick Betty Browning and Jeffrey S. Allen
Janis E. Carreiro Howard Chadwick
John and Jane Miller Mr. David Montanile
Duncan and Mary Will Carolyn and John Wright Mimi Young Ryder Ziebarth
Catherine Mullin
† Deceased * Gift-in-kind
Margaret “Peggy” Nash Gifford August 3, 1930 – December 25, 2015 Peggy Gifford was one of the original founders of the Community Foundation and its first President of the Board of Trustees. Peggy lived a full life devoted to helping others and improving the lives of the people in communities where she lived. She always wanted to know what she could do to help. She will be remembered for her boundless energy, her inability to say "no" to a request, her love of her family, her pride in her grandchildren and her smile.
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How We're Making a Difference with funds
Nepalese Disaster Relief “After the Community Foundation sponsored the NHA’s Celebration of Nepal, we turned to them once again to help with the fundraising efforts of those trying to help the more than 8 million people of Nepal affected by the devastating earthquake in June,” says Marjan Shirzad, Director of Visitor Experience at the NHA. The Foundation immediately established a charitable fund to hold the hundreds of donations made in support of this effort, and then issued grants totaling $20,000 to the Red Cross and Doctors Without Borders for their efforts in Nepal.
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The Community Foundation holds many funds created by Nantucketers who want to partner with us to support a community initiative or address a specific need. A few examples of how these funds helped in 2015 are below.
Culinary Kids Congratulations to the Culinary Arts Team at the Nantucket High School for winning the ProStart Invitational Competition on March 3, 2015 hosted at the Hill View Country Club in North Reading, Massachusetts. The Community Foundation for Nantucket is honored to hold two funds to support this program, and thrilled to see such great success come from it.
Support for Youth Services In 2015, the Nantucket License Plate committee pre-sold 1500 Nantucket-unique license plates, the proceeds of which benefit our Island children. In 2015, the Nantucket License Plate Fund awarded grants of over $43,000 to 18 partners working with Nantucket children, including $10,500 to the Nantucket Fund™ designated for children’s services.
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Funds Under Management The generous community-minded individuals, families and organizations listed below have partnered with the Community Foundation to achieve their charitable goals by establishing Named Funds.
Donor Advised Funds Donor Advised Funds allow the donor to make recommendations for grants.
Robert and Marsha Egan Family Fund (2012) Schulte Advisory Fund (2013)
Organizational Funds
Simple Gifts Fund (2014)
Organizational Funds are established by nonprofit organizations for their benefit.
Stephen A. Davis Fund (2010)
Mentoring Youth Nantucket Fund (2013)
Varbalow Family Donor Advised Fund (2014)
Nantucket S.T.A.R. Organizational Fund (2013)
Dean Hutton Fund (2013)
Wade Greene Donor Advised Fund (2015)
Nantucket Safe Harbor for Animals Fund (2013)
Debbie Roberts Memorial Fund (2014)
Whitcomb Family Advised Fund (2013)
Theatre Workshop of Nantucket Fund (2015)
Donald B. Shackelford Advised Fund (2006)
Will Brown Fund (2012)
2 Macs 1 Bloom Family Fund (2013) Al and Mary Novissimo Giving Fund (2013) Burnt Swamp Forever Fund (2013)
Dragonfly Donor Advised Fund (2011) Drial Donor Advised Fund (2010) The William H. Frist, M.D. Fund (2006) G J Smith Donor Advised Fund (2014) Gordon and Llura Gund Endowed Donor Advised Fund (2006)
Shackelford Family Advised Fund (2006)
Designated Funds
Field of Interest Project Funds
The Foundation administers Designated Funds that benefit a specific charitable organization(s).
The Foundation has the ability to establish a special project Field of Interest Fund as a service to the community.
Edith Andrews Fund for Natural History and Ecology (2015)
Almanac Arts Colony Fund (2014)
Gary M. DaSilva Memorial Fund (2009)
Hale Family Donor Advised Fund (2010)
Germain D. and Patricia L. Newton Fund (2013)
Hanabea Fund (2013)
Jane Bonvini Memorial Fund (2014)
Linden and Madeleine White Fund (2013) Moose Moss Donor Advised Fund (2015)
Nantucket Nepalese Relief Fund (2015)
Penrose Family Foundation Fund (2013)
Robert and Eleanor Jones Fund for Adult Literacy (2012)
Philbrick Family Fund (2013)
SSC Pastoral Housing Fund (2010)
Phillip F. and Beverly T. Stambaugh Fund (2009)
Tower Preservation and Building Fund (2015)
Rachel Hobart and Edward Toole Family Fund (2015)
Tulgey Wood Fund (2015)
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William A. Hokkanen Endowment Fund (2013)
Born to be Wild Oysters Fund (2014) Clarissa Porter Memorial Fund (2012) Nantucket Christmas Pageant Fund (2013) Nantucket Community Food Co-op Fund (2013) Nantucket Culinary Arts Designated Fund (2014) Nantucket Pocket Park Series Fund (2014) Nantucket Pond Coalition Fund (2014) Nantucket Wheelers Fund (2013) Odyssey of the Mind Nantucket Fund (2014)
Ozone Surf Classic Fund (2013) Sconset Playground and Park Fund (2013)
Field of Interest Partner Funds When the Trustees believe there is a long term need to maintain a fund with a specific purpose or category of interest and there is a group in the local community that will maintain a leadership role, they will designate the fund a “Foundation Partner� fund.
Nantucket Golf Foundation Tuition Assistance Fund (2010)
Jeanette T. Garneau Memorial Scholarship Fund (2013)
Nantucket Holidays for Heroes Fund (2013)
June Bartlett Scholarship Fund (2011)
Nantucket License Plate Fund (2014)
Magical Chicken Scholarship Fund (2011)
Nantucket Town Association Reserve Fund (2009)
Meredith Arts Scholarship Fund (2013)
One Book One Island Fund (2013)
Nantucket Culinary Arts Scholarship Fund (2013)
Sconset Civic Association Fund (2015)
Pat Martin Scholarship Fund (2010)
TNP Scholars Academy Fund (2012)
Robert and Alda Barrett Memorial Scholarship Fund (2013)
Scholarship Funds
Duxtucket Paddle Babes Giving Circle (2013)
The Foundation administers 13 scholarship programs, all of which are designated for residents of Nantucket.
Friends of Our Island Home Fund (2013)
Edith Andrews Ornithology Scholarship (2015)
Gray Seal Research Fund (2012)
Gary and Glenn DaSilva Scholarship Fund (2014)
Gutsy Givers Fund (2011)
Geronimo's Scholarship Fund (2012)
Behavioral Health Task Force Fund (2015)
Ladies' Stroll Fund (2014) Madaket Conservation Association Project Fund (2011)
Jack Pignato Memorial Scholarship Fund (2014)
Sun Catcher Scholarship Fund (2015) William H. Brown Scholarship Fund (2012)
Endowment and Grant Making Funds Community Foundation Endowment Fund (2006) Peggy Gifford Endowed Fund (2012) Nantucket FundTM (2006)
Individual Donors to Funds Under Management 2015 Contributors Anonymous Donor (6) ACK Eye Aecom Technology Corporation Matching Gifts
Peter and Nancy Allatt Family Foundation David and Lauren Ambler Anderson Publishing, Inc.
Dixie Arthur Maxine K. Armstrong Mr. Keith J. Arsenault
Randolph S. Affeldt
Maggie Mae Anderson
Artists Association of Nantucket
Dr. Cary and Barbara Akins
Margaretta S. Andrews
Atlantic Landscaping, Inc.
The Albert G Brock Co., Inc.
Ms. Virginia Andrews
Atlantic Foundation
Mr. Stephen Albright
Annye's Whole Foods
James A. Attwood
Sarah Alger and Bruce Malenfant
Scott Antoine
Aunt Leah's Fudge
Albert Antonez
B. E. Byrne, Inc.
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Mr. and Mrs. J. Backus
Jan Campbell
Moses L. Easley III
Harold Bailey
The Cape Cod Five Charitable Foundation
Robert and Marsha Egan
Judith Baltimore Mr. and Mrs. Philip Bartlett Mr. Charles E. Batchelder Mr. and Mrs. Richard Bauer Kate Bayer Susan D. Beamish Wendy Beardsley
Maria E. Carey Kara L. Carlson Mo and Nick Chantakhoun Ara Charder Chartwell Hotels, LLCV David and Kathy Cheek August Chotkowski
Sheila Egan Egan Maritime Institute Christine and Manjur Elahi Caroline and Douglass Ellis Mr. Robert A. Emack Ms. Connie Enniss Ms. Ana Castillo Ericksen
Cisco Brewers, Inc.
Ashley Evans and Michael Graglia
Cisco Secret Circle
Susan Ewing
Clean Lines, Inc.
Janet Eyre
Mr. and Mrs. John Belash
Dauna R. Coffin
Richard and Kelly Facteau
Susan Null Berman
Judy Collatz
Howard and Virginia Faria
Ms. Marianne Birtwell
Cynthia Collins
Russell Farscht
Mr. and Mrs. William W. Bishop
Anne Marie Collins
Bernadette Feeney
Company of the Cauldron
Marianne and Bob Felch
Christine M. Cooney
Ms. Susan L. Fernald
Donna K. Cooper
Fidelity Brokerage Services, LLC
Jane Beasley Douglas and Karen Beattie Mr. and Mrs. Richard Beckwith
Annie Bissinger and Mark Poor Lesley F. Blanchard Joshua C. Block Blue Hills Bank Blue Hills Bank Charitable Foundation Megan E. Boyes Mr. Richard P. Brannigan Jayne and James Briard Mrs. Gilles Bridier Frances P. Brownell Betty Browning and Jeffrey S. Allen Paul C. Bruning Ms. Diane L. Buechel Alan and Gillian Butchman
Alyssa and Shane Corry Karen and James Coyne Dr. and Mrs. John E. Craighead
Jascin Finger First Congregational Church
Darcy Creech
Anne and Lucas Fischer
Mrs. Carol March Emerson Cross
Sandra and Gerard Flavin
Susan D. Cutshaw
Alison K. Forsgren
Ms. Tracy Ann Daily
Robert Franklin and Charles Mappin
Edward Daisey and Virginia Hill
Crowell Freeman and Kathy Stevens
Mr. Kevin Dale
Mr. and Mrs. Stuart Freilich
Mr. John L. Daniels
Matthew Fremont-Smith
Jose M. Diaz Pino
Friends of the Nantucket Field Station
Lillian H. Butler
William Doerler and Pat Schanck-Doerler
Karla Butler
Stephen H. Drabkin
Mark and Lynda Cutone
Paula Driscoll
Jennifer L. Butson
Erica Dean Duddy
Michael Cain Family
Jocelyn Duffy
James Calhoun
Yvonne DuMont Stelle
Gretchen and David Callahan
Tharon and Lee Dunn
Ms. Susan Callan
Carolyn Durand & Ben Champoux
Annye Camara
Zachary S. Dusseau
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Thomas Finger
Senator Bill and Tracy Frist Mayo and Nancy Funderburg Stacey Fusaro Mr. John J. Galiher Edwin and Roberta Galkin Mr. John A. Gallagher Bill & Melinda Gates Foundation Matching Gifts Program Paul M. Gaucher
Norman Gauvin
Mr. Robert C. Hicks, Jr.
Mr. Chris Kling
Leslie and Mitchell Geller
G. S. Hill Gallery
Barbara E. Kotalac
Russell and Joyce Gertmenian
Mr. and Mrs. Eugene Hilzenrath
Marsha Kotalac
Chris Gibson
Ms. Rachel Hobart and Mr. Edward S. Toole
Thomas H. C. Giffin Mr. James E. Gillum, Jr. Mollie Glazer Kate Glidden Richard Glidden Steve & Peggi Godwin Elisabeth S. Golden Goldman, Sachs & Co Bee Gonnella The Gontero Family Ms. Lisa Grace Mr. John Grangrade, Jr. Louis Greco and Mary McCartney Richard Green and Carol Chaves Ms. Toby A. Greenberg Wade Greene/NEO Philanthropy Greenwich Academy Tamara T. Grenier Ms. Hannah J. Gretz Julia Guggenheimer Gutsy Givers Fund Cynthia Cockerill Hagedorn Hajim Family Fund Patricia Haley Mr. Thomas Halford Robert and Valerie Hall Karen and Peter Hanson Donald and Joanne Hart Margot Hartmann MD Margot G. Hartmann Shelley Hartz Mrs. Lucile Hays Patrick and Lucy Hehir Hehir Group Custom Builders, Inc. Nina and Robert Hellman Eleni Henkel
Sam and Debra Hokkanen William A. Hokkanen Thomas H. Holden Hooked on Wood, Inc. Louise Hourihan Mr. Neil Hrdlick Scott Hughes Humphrey Construction Inquirer and Mirror The Islander, Inc. Island Gas, Inc. J Pepper Frazier, Co., Inc.
Mr. Peter F. Krogh Mr. and Mrs. William Kupper, Jr. Larsen Fund Robert H. Laundry Mr. and Mrs. Bruce D. Lawler John and Virginia Laytham Margaret Layton Kathleen H. Legg Diane Towle Lehman Michele LeMaitre Tina Lepera-Fournier Mr. and Mrs. Peter Lewis Muffy and Tom Lewis
Sandra L. Jackson
Linda Lipp and Samantha Lipp
Ann Jackson
Nina Locario
Wendy Jannelle
Pam and Chris* Lohmann
JC Murray Construction
Dr. and Mrs. Kevin Loughlin
Barbara Jenkins
Patricia and James Lowe
Cecil and Paul Jensen
Suzanne Maguire Lyons
Jockey Hollow Foundation
Mr. and Mrs. Peter Mackay
Brenda B. Johnson
Richard and Mary Mack
Linda and John Johnson
Carol and Jim MacMath
Jill Johnson
Eleanor E. MacVicar
Judith Cary Jones
Terrell and Sally Macy
Lucille A. Jordan
Madaket Conservation Assocation Project Fund
The Judy Family Foundation The Juice Bar Thea and Peter Kaiser Lynne Kalman Karp Family Foundation Mrs. Diane Karper Ms. Fran Karttunen Kathleen Hay Designs Fredie Kay Suzanne Keller Lydia and Mark Kennelley Family Fund Dr. John R. Kern Ms. Julianne Kever Sherri C. Kielland
Madaket Marine Ralph M. and Lucille Maguire Maisto/Kauchick Family Majic Family Foundation Dana Mallozzi Robin McElroy Maloney Manning Roofing, Inc. Mr. Philip Marks, Jr. Joseph Mastroianni Christine Matthews Maury People Sotheby's International Realty Patrick McCarter Susan McFarland
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Scott David McIver
Nantucket Triathlon, LLC
Ofer and Shelly Nemirovsky
Nell Van Vorst Tile & Porcelain
Elizabeth A. Milias Chandra K. Miller Jeanne Miller John and Jane Miller Robert and Carol Miller Susanne J. Miller Barbara and Harry Mintz Mitchells Book Corner Mr. Charles Mohr Susan Moore Joan and Tim Moran Mr. Robert Morgenstern Peter A. Morrison Mullen Family Foundation, Inc. Mr. T. Clark Munnell, Jr. Pam Murphy Museum of African American History Nantucket Athenuem Nantucket Bike Shop Nantucket Boating Club Nantucket Charitable Riders Association Nantucket Clambake Company Nantucket Community School Nantucket Conservation Foundation
Chip and Anne Newton Mr. and Mrs. Germain D. Newton The Nicholson Foundation Robert and Kathryn Norton Al and Mary Novissimo Caren Oberg-Gomes Stephen and Susan O'Brien Courtney A. O'Neill Kate O'Riordan John and Suzanne O'Toole Susan and Karl Ottison Stephanie and Paul Palenski James J. and Kimberly Pallotta
Ellen and David Ross Karen Free Royce Mr. and Mrs. Harold Rubin Margaret Ruley Emily Russell Betsy Ryan Mr. Donald Ryder Salty, LLC
Linda Schader
Cheryl Perelman
Katrina M. Schoorl
Anne M. Perkins
Schwab Charitable Fund Matching Gifts
The Peter and Elizabeth C. Tower Foundation Mary Ellen Peters Lynn Petrasch Mr. and Mrs. Nathaniel Philbrick Pi Pizzeria
Martha Polachi Robert J. Pollack Elizabeth A. Polster Lauri and Brian Posner Kathleen N. Psaradelis
Nantucket Maria Mitchell Association
Diana R. Regan
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Jennie Ripps
Mr. and Mrs. Paul Schaeffer
Karen L. Quigley
Nantucket Public Schools
Jeanne W. Riggs
Mr. John B. Penrose
Nantucket Lightship Basket Museum
Nantucket Preservation Trust
Susan and Robert Ried
Sankaty Head Golf and Beach Club, Inc.
Mr. and Mrs. Michael Peacock
Kathryn Pochman
Nantucket Pharmacy
Richmond Great Point Development, LLC
Diane V. Samuels
Nantucket Dreamland Foundation
Nantucket Lighthouse School, Inc.
Gabriel Rich
Elizabeth M. Pascarelli
William Pickle
Nantucket Golf Management
Robert and Penelope Rezendes
Arlene and Ed Paquette
Nantucket Diva, LLC
Nantucket Golf Club Foundation, Inc.
Renee and Jeff Harbers Family Foundation
Mr. and Mrs. Philip W. Read Julie Reinemo Priscilla L. Reis Roberta Reis ReMain Nantucket, LLC
Laurie Melchior Scott Donor Advised Fund Senator Investment Group LP Laura Shact and Priya Premkumar Nancy M. Sheehy Hannah Shipley Siasconset Civic Association Siasconset Union Chapel Lesley and Philip Silberstein Simple Gifts Fund Pauline A. Singleton Theran A. Singleton Phyllis Slattery Susan Smichenko Derek Smith Mr. Geoffrey Smith Rev. Georgia Ann Snell Penny F. Snow Mr. Mark Songer
Mr. and Mrs. Charles Soule
Ms. Jaqueline R. Tullo
Mr. Clark Whitcomb
Robert and Denise Spellmeyer
Tupancy Harris Foundation
Claire White
Ms. Sally J. Ure
Mr. Duncan White
Mr. and Mrs. Michael D. Varbalow
Susan M. Widger
Mary Beth Splaine Robert Stebbins Joan Stockman Mr. and Mrs. Peter Stokes Stony Brook Group Charles and Barbara Stott Stacey Stuart and Peter Greenhalgh Surfing Hydrangea Nursery, Inc.
Vaughan, Dale, Hunter and Beaudette, P.C. James and Elinor Vaughter Verde Visco Pumping, Inc. Holly and Stephen Visco Natassia Vysotskaya
Anne Sweidel
The Wade Cottages and the Greene Family
Tina Tait
Mr. Kyle A. Wallingford
Vicki and Harold Tananbaum
Laura Wasserman
Sandy and Ted Taylor
Kathy Wattles
Jonathan Thayer
Mr. and Mrs. Alexander Webb III
Theatre Workshop of Nantucket
Thomas A. Weinstock
Shirley Thompson
Jay and Diane Weiss
Garrett Thornburg and Catherine Oppenheimer
Dr. and Mrs. Francis Weld
Brittany Thurman Susan W. Thurston
Mr. and Mrs. Finn Wentworth Ann Wessing and Jamil Ghani
Town of Nantucket
Mr. and Mrs. F. Helmut Weymar
Phoebe and Bobby Tudor
Ellen Whippen
James Wiemann Duncan and Mary Will The William Froelich Foundation Buzz Williams Cary M. Williams Mary Williams Susan Bennett Witte Mr. Michael T. Witte David Worth and Leslie Forbes Mr. Marc Yacone Harvey and Ellen Young Robert Young Young's Bicycle Shop Aurora Zimicki Carol Zimicki Z. Zimicki Leedara Zola Linda Zola
Memorial and Tribute Gifts 2015 Contributors Memorial Gifts Memorial gifts include donations made in memory of members of the Nantucket community.
James A. Attwood Susan Null Berman Bill & Melinda Gates Foundation Matching Gifts Program Lesley F. Blanchard The Cain Family
Elizabeth Douthart
David and Katherine Cheek
Susan and Karl Ottison
Caroline and Douglass Ellis
John and Mary Lou Evans Maxine K. Armstrong
Ashley Evans and Michael Graglia
Dixie Authur
Russell Farscht
Russell and Joyce Germenian Greenwich Academy Julia Guggenheimer Elani Henkel Scott H. Hughes Patrick McCarter Robert and Susan Reid Jennis Ripps Karen Free Royce Laura Shact Vicki Tananbaum
18
Ann Wessing and Jamil Ghani Duncan and Mary Will
Donna Forsgren Atlantic East Nantucket Real Estate
Tribute Gifts Tribute gifts include donations made in honor of and in celebration of people and special events.
Mo and Nick Chantakhoun Mary Clark Heidi Drew Mr. Thomas Duchesneau and Ms. Caroline Dane Doris Glazer Catherine Mullin Anne O'Kelly Carolyn Wright
Robin Harvey Susan and Karl Ottison
Megan Shortall Kenny Greg and Judi Hill
Bam LaFarge Thekla Shackelford
Nan C. Marshall Jane Beasley
Dr. Mohan and Sheila Advani Susan and Karl Ottison
Bamber Family Carol Haddad
Max Berry and Pam Thomas Susan and Karl Ottison
Bulmer/Kelleher Wedding William Doerler and Pat Schanck-Doerler
David and Grace Geason Susan and Karl Ottison
Peggy Gifford Suzanne G. Rorick
Walter Glowacki's 80th Birthday
Rick and Janet Sherlund Susan and Karl Ottison
Susan Florence Smith Jeffrey Newton
Phil Stambaugh Cape Cod Five Charitable Foundation
Amy Stangler LeRoy and Stephanie Warner
Wendy Valliere Maggie Mae Anderson
Legacy Society The Community Foundation recognizes and thanks friends listed below who have arranged a bequest or made a planned gift to the Foundation. Nancy Chase Marsha Egan
Susan and Karl Ottison
William Hokkanen
Khaled Hashem and Nantucket Island Resorts
Zeldy Lyman and Duncan White
Leslie Silberstein
Victoria McManus
Lucile Hays
Chris and Linda Meredith
Susan and Karl Ottison
Richard H. and Jane Oman
Fredie Kay
Thea Kaizer
John Penrose
Edward C. Stebbins
Margaret Ruley and David Lovett
Lynn Patrasch
Louise McGarvey Lillian H. Butler
Conrad Picnarcik Susan and Karl Ottison
Clarissa Porter John and Jane Miller
Debbie Roberts
Bernadine L. Stebbins Robert C. Stebbins
Tom and Mary-Jo McCann
John M. Twomey
Mitchell J. Geller
Alyssa K. Corry
Carol MacMath
Melissa Murphy Toby A. Greenberg
Franci Neely Susan and Karl Ottison
NHA's "Our Nantucket" Peter A. Morrison
Mr. and Mrs. Karl Ottison Franci Neely Foundation D. Van and Ann Smith
19
Thomas Maggs
Phillip Stambaugh
10th Anniversary Celebration at the Ottisons
As our tenth year was in full swing, CFN Trustee Susan Ottison and her husband Karl generously hosted a gathering of friends and family to celebrate the Foundation’s success, and to recognize outgoing Board President Phil Stambaugh. Phil was one of the first trustees of the organization, and its second President, a position he held for 6 years. CFN Trustee Bob Felch (top left) gave a heartfelt tribute to Phil (bottom right) at the event. He worked tirelessly on our behalf, and we allowed him to retire in 2015 with our gratitude.
20
Statement of Financial Position Year Ended December 31
2015
2014
Assets Current Assets Cash and Cash Equivalents Contributions Receivable Prepaid Expenses
$
Total Current Assets
Net Property and Equipment
1,555,854 128,955 1,847
$
1,119,542 125,565 1,847
1,686,656
1,246,954
190
1,330
1,686,954 331,756 206,518
1,838,167 247,422 227,907
2,225,228
2,313,496
Non-Current Assets Long-Term Investments Endowment Investments Contributions Receivable, Net of Discount
Total Non-Current Assets
Total Assets
$
3,912,074
$
3,561,780
$
23,017 11,820 5,225
Liabilities and Net Assets Current Liabilities Accounts Payable Grants Payable Other Liabilities
$
Agency Funds Held For Others
Total Current Liabilities
Total Liabilities
21,274 278,622
180,649
299,896
220,711
299,896
220,711
Net Assets Unrestricted Net Assets: Donor-Advised Funds Designated Funds Special Project Funds Partner Funds Scholarship Funds Nantucket Fund™ Endowment Funds Operating Funds Total Unrestricted Net Assets Temporarily Restricted Net Assets
Total Net Assets Total Liability and Net Assets 21
773,513 114,749 147,773 911,686 448,496 357,066 331,756 191,666
719,053 89,352 181,984 961,424 491,418 69,720 247,422 227,224
3,276,705
2,987,597
335,473
353,472
3,612,178 $
3,912,074
3,341,069 $
3,561,780
Statement of Operation Activities
(1)
Year Ended December 31
2015
2014
Support, Revenues and Reclassifications Gifts, Grants and Contributions Grants and Contributions Donated Facilities
$
1,768,505 34,260
$
2,432,086 (2) -
Other Revenues Investment Return (Loss) Other Revenue Received on Behalf of Funds
(1,783)
110,105
25,022
164,631
-
-
1,826,004
2,706,822
Reclassification of Net Assets Satisfaction of Donor Restrictions
Total Support, Revenues and Reclassifications
Functional Expenses Program Services Grants
$
Program Expenses on Behalf of Funds
Operating Expenses
Total Program Services
841,684 426,646 141,999
$
420,105 1,358,823 (2) 114,234
1,410,329
91%
1,893,162
94%
108,295
7%
86,716
4%
36,271
2%
29,483
2%
Total Functional Expenses
1,554,895
100%
2,009,361
100%
Total Change In Net Assets
271,109
697,461
3,341,069
2,643,608
Administrative Fund Raising
Net Assets - Beginning of Year Net Assets - End of Year
$
3,612,178
$
3,341,069
(1)
Includes Temporarily Restricted Net Assets of $335,473 and $353,472 for the year 2015 and 2014, respectively.
(2)
Under certain fund agreements, the Foundation will receive contributions and pay expenses directly on behalf of the fund in accordance with the charitable purpose for which the fund was established. 2014 saw the successful conclusion of a large Special Project fund, the unique activity of which is reflected in these areas.
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
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2015/2016 Board of Trustees Officers Victoria McManus President Hudson “Tucker” Holland III Treasurer Marsha Egan Secretary Marsha Kotalac Vice-President
Our vision is to be
Susan Ottison Vice-President
a driving force in
Melissa Philbrick Vice-President E. Geoffrey Verney Vice-President Trustees Robert Dean Felch Dr. Bill Frist Ellen Hoeffel The Rev. Dr. Gary Klingsporn Zeldy Lyman
sustaining and improving the overall health and spirit of our community. By connecting donors with the community – and the community with our donors –
Magdalena Padzik
we will build a
Geoffrey J. Smith
collaboration
Robert Tichio Catherine Ward
that benefits both.
Advisory Committee Ann Colgrove Steve Davis Daniel W. Drake Wade Greene Eileen McGrath Richard Oman
Cover Photo: George Riethof / OverNantucket
Phil Stambaugh Michael Varbalow Mimi Young
Staff Margaretta Andrews Executive Director Jeanne C. Miller Program Director Trich Wages Operations Manager
9 Bayberry Court P.O. Box 204 Nantucket, MA 02554 508-825-9993 info@cfnan.org
cfnan.org