Officers Victoria McManus President Geoff Verney Vice President Neil Marttila Treasurer Marsha Egan Secretary
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 nonprofit sector, and by providing resources for donors, nonprofits, and the community
Catalyst – by mobilizing community leadership to affect collaborative solutions for Nantucket’s most critical issues
Trustees Maureen Bousa Robert D. Felch Andrew Forsyth Ellen Hoeffel Tucker Holland Rev. Gary Klingsporn Zeldy Lyman Melissa Philbrick Magdalena Reid Robert Tichio Cathy Ward
Staff Margaretta Andrews Executive Director Jeanne Miller Program Director Carlisle Jensen Program & Development Coordinator Kristin Campbell Office Manager
117 Orange Street P.O. Box 204 Nantucket, MA 02554 508-825-9993 info@cfnan.org
cfnan.org
2017
2017/2018 Board of Trustees
Annual Report
Another Strong Year! 2015
2016
2017
Assets Under Management
$3,912,074
$6,773,955
$8,658,347
Total Grants Awarded
$841,684
$1,750,422
$2,625,164
# of Funds Under Management
84
90
93
CFN Strategic Plan Goal #1: Growing Nantucket’s Endowment Develop and maintain funds to serve as a permanent legacy for charitable giving on Nantucket. Ensure that the Nantucket Fund will financially support and focus attention on the Island’s most critical needs and initiatives.
Goal 2: Convening our Community #
Serve as an information and education resource on community needs. Convene community members to identify key community needs, causes, and solutions.
Together, we can make a difference. Each year the Community Foundation for Nantucket has made incredible progress by working in partnership with Nantucket stakeholders. We face many of the same challenges here on Nantucket as the rest of our communities do nation-wide. Together, we have the power to create life changing opportunities and find solutions to current problems. By leveraging the talents and resources of all sectors – public, private and philanthropic – we can make an impact with a level of effectiveness that none of us could achieve on our own. By uniting the passion and commitment of donors, community members and nonprofits, we can create sustainable solutions that will continue to change lives for years to come. In this report, you will see how we are making progress on our own Strategic Plan. We are working to become the very best partner we can be for the community of Nantucket. You will also see how the Community Foundation for Nantucket and our partners are taking on the Island’s most pressing challenges. I invite you to learn more about our work, our partners, our stewardship of charitable funds and our legacy fund, the Nantucket Fund. Join us in making an impact and preserving our wonderful community together for the years ahead.
With our gratitude,
Goal #3: Strengthening our Foundation Develop best in class organizational leadership and recruit staff and trustees who bring new perspectives, skills, and strengths to our organization.
Victoria McManus President 2
1 #
Goal
Growing Nantucket’s Endowment
$2,500 to $9,999 Arbella Insurance Foundation*
$500 to $999
Cape Air/Nantucket Air*
Debby Belichick
Janis E. Carreiro
Jockey Hollow Foundation
Mark Bono and Elizabeth Gilbert-Bono
William Cashman
Alan Schwartz and Nancy Seaman
$10,000+ Ritchie Battle Max and Pamela Berry* Chip Carver and Anne DeLaney* Diamond Family Foundation* Andrew Forsyth and Kelly Williams* Chuck and Nan Geschke* 3
Hy-Line Cruises John and Jane Loose* William and Tracey Marshall* Peter and Bonnie McCausland* John McDermott*
Siasconset Union Chapel
David and Susan Brownwood
Ms. Susan M. Callan
Howard B. Chadwick, Jr. Mr. and Mrs. Bernard Coffin Posie Constable
Connie and Dan Driscoll
Dan and Linda deMenocal
Joe and Maria Grause
Lois and Bill Druckemiller
Geoffrey Beattie*
Rick Hajjar
Lee and Tharon Dunn
Marlene Benson
John and Jacqueline Keeshan
Carolyn Durand and Ben Champoux
The MacNeill Family
Paul and Marion Eklund
Madaket Marine
Morgan Ellington
Mr. and Mrs. Germain D. Newton
Tish Emerson Anne A. Fischell
Marianne and Bob Felch
Melissa and Nathaniel Philbrick
First Congregational Church
Karen Urban
Mr. and Mrs. Peter W. Gerster
Charles and Kaaren Hale
Scott Widemeyer and Alan Yount
Elliot and Barbara Gewirtz
The George and Marie Chabot Charitable Foundation Jeff and Maureen Crowley
Iacocca Family Foundation William and Louise Hourihan Marsha Kotalac
Joseph and Deidre Smialowski*
John and Judith Lochtefeld
Mr. and Mrs. Robert Tichio*
Monica and Tom McCasland*
Zeldy Lyman and Duncan A. White
Toni and Martin McKerrow
Mr. and Mrs. Jay Wilson
Janet Eyre
Wendy Gifford Doris Glazer
Up to $499
Herbie Glowacki
Anonymous
Seth and Karen Gottlieb
Joan Albaugh
Karel and Frank Greenberg
George T. Albrecht
Ms. Toby A. Greenberg
Patricia S. and Thomas J. Anathan
Brooks and Sally Hall
Rick and Linny Andlinger
Mason and Candice Heydt
Anne and Sandy Apgar
Mr. and Mrs. Eugene Hilzenrath
Robert and Valerie Hall
Toscana Corporation*
Nantucket License Plate Fund Sarah and Jeff Newton
Michael Bachman
The Gilbert Verney Foundation*
Al and Mary Novissimo
Ken and Gussie Beaugrand
Natasha and Peter O'Brien
Judy and John Belash
Jane W. Oman
Jeanne and John Bennett
Sarah Oman Horne and Steve Horne
John and Suzy O'Toole
Greg Bird
Barbara Jenkins
Bob and Nancy Puff*
Chris and Marianna Brewster
Linda and John Johnson
Victoria McManus* Britt and Diane Newhouse
Doug and Patti Brown
George and Kathy Butterworth
Dan's Pharmacy
Marsha and Bob Egan
Mr. and Mrs. John B. Penrose*
ZERO MAIN on Centre
Patricia Curran
Alexander Trebby
Blue Hills Bank Foundation
The Gordon Gund and Llura Liggett Gund 1993 Foundation*
Mr. and Mrs. William W. Burnham
Ms. Lisa Botticelli and Mr. Ray Pohl*
$1,000 to $2,499
Nantucket Fund Sustainers:
Paul and Valerie Bruning
Jay and Clare Walker
Rogers & Gray Insurance*
2017 Contributors
Janet and Rick Sherlund
Frances Brownell
Annie Bissinger and Mark Poor
Jeffrey and Julie Parker
Nantucket Fund
Schwab Charitable Matching Gift Fund
* Multi-year pledged commitment
Heather Reisman and Gerald Schwartz
Caroline S. Applegate
Gene and Susan Briskman
Ruth Hodges and John LeClaire Mr. and Mrs. Eric Holch
Diane Karper
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Jacqueline and Sami Kassis
Jeanne and Bruce Miller
Paul W. Keeshan
Tom and Emilia Miner
Susan Kenny
Mr. and Mrs. Christopher Mortenson
Jill L. Leinbach Ms. Eleanor E. MacVicar
James and Cheryl Perelman
Ed and Cindi Maggio
Carolyn Thayer
2017 Grant Recipients
Laura Wasserman and Ian Golding Mrs. Bracebridge Young
Ms. Margaret C. Pignato
Charlotte Mathey Holly and Martin McGowan Jan Metcalf
Abby and Steve Perelman
Nantucket Fund
Ferdinand and Janet Schmitz
Joseph and Mary Reichl Robert and Susan Ried
†
Deceased
* Multi-year pledged commitment
2017 Nantucket Fund Grants By Sector
Housing — Habitat for Humanity, Housing Nantucket, Nantucket Food, Fuel, and Rental Assistance $50,000.00
Matching Grant to Nantucket Food, Fuel, and Rental Assistance
Mental Health/Substance Use Disorder — ASAP, A Safe Place, Artists Association, Fairwinds, Gosnold $45,975.00 Education & Childcare — Egan Maritime Institute, FONPS, Nantucket Book
Foundation, Nantucket Island Safe Harbor for Animals, Small Friends on Nantucket $17,000.00
Youth & Recreation — Dreamland Foundation, Nantucket Community Sailing, STAR
Diversity Initiatives — Nantucket Community School,
$11,500.00
Nantucket Music Center, Linda Loring Nature Foundation
$15,000.00
Health/Medicine — Health Imperatives, Nantucket Cottage Hospital
$13,000.00
Nutrition/Food — Nantucket Food, Fuel, and Rental Assistance, Sustainable Nantucket
$10,500.00
Organizations named twice have had funding separated into two categories
$162,975.00
Nutrition/Food 7% Youth & Recreation 7% Housing 31%
In addition to our annual grants cycle in July, we announced our first matching grant from the Nantucket Fund. During the fall of 2017, we matched any gift made to Nantucket Food, Fuel, and Rental Assistance up to $10,000. We were thrilled that this Nantucket Fund challenge was met more than three times over, raising $40,000 to help provide direct support to Nantucketers. "This grant is an important signal of the power of philanthropy to rally around the needs of the people who live on the island. The Nantucket Fund matching grant played a critical role in helping us launch our annual appeal and will help us provide much needed services to Nantucketers, year round!" ~ Janis Carreiro, Executive Director of Nantucket Food, Fuel and Rental Assistance
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Health/Medicine 8%
Diversity 9%
Education & Childcare 10% Mental Health/ Substance Use Disorder 28%
6
Funds Under Management As of December 31, 2017
Donor Advised
2017 by the Numbers!
Burnt Swamp Forever Fund (2013) Stephen A. Davis Fund (2010) Dean Hutton Fund (2013) Dragonfly Donor Advised Fund (2011)
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The number of hours a day Small Friends
Drial Donor Advised Fund (2010)
of Nantucket is able to provide childcare.
Robert and Marsha Egan Family Fund (2012)
A Nantucket Fund grant helped them offer extended hours for our island’s
The William H. Frist, M.D. Fund (2008)
working parents.
Wade Greene Donor Advised Fund (2015) Gordon and Llura Gund Endowed Donor Advised Fund (2008)
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The number of trauma victims who
Hale Family Donor Advised Fund (2010)
received regular treatment at A Safe
Hanabea Fund (2013)
Place from a trauma therapist supported by the Nantucket Fund.
Kevin Hickey and Eileen O'Gara Donor Advised Fund (2016) Rachel Hobart and Edward Toole Family Fund (2015)
30 740
The number of year-round households who had access to stable and affordable housing
Mill Pond Donor Advised Fund (2016)
thanks in part to a Nantucket Fund grant to
Moose Moss Donor Advised Fund (2015)
Housing Nantucket.
NCH Community Health Fund (2017) Britt and Diane Newhouse Charitable Fund (2016)
The number of Nantucket residents
Germain D. and Patricia L. Newton Fund (2013)
who participated in the Nantucket
Al and Mary Novissimo Giving Fund (2013)
Fund-sponsored Elder Needs Survey. 7
2 Macs 1 Bloom Family Fund (2013)
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) Donald B. Shackelford Advised Fund (2008) Shackelford Family Advised Fund (2008) Simple Gifts Fund (2014) G J Smith Donor Advised Fund (2014) Phillip F. and Beverly T. Stambaugh Fund (2009) Varbalow Family Donor Advised Fund (2014) Linden and Madeleine White Fund (2013) Whitcomb Family Advised Fund (2013) Will Brown Fund (2012)
Designated Edith Andrews Fund for Natural History and Ecology (2015) Jane Bonvini Memorial Fund (2014) Gary M. DaSilva Memorial Fund (2009) William A. Hokkanen Endowment Fund (2013) Robert and Eleanor Jones Fund for Adult Literacy (2012) Nantucket Nepalese Relief Fund (2015) SSC Pastoral Housing Fund (2010) Tower Preservation and Building Fund (2015) Tulgey Wood Fund (2015)
Field of Interest Partners Behavioral Health Task Force Fund (2015) Duxtucket Paddle Babes Giving Circle (2013) Friends of Our Island Home Fund (2013) Gray Seal Research Fund (2012) Gutsy Givers Fund (2011) Ladies Stroll Fund (2014) Madaket Conservation Association Project Fund (2011) Nantucket Cares (2017) Nantucket Golf Foundation Tuition Assistance Scholarship Fund (2010) Nantucket Holidays for Heroes Service Dogs Fund (2016) Nantucket License Plate Fund (2014) Nantucket Town Association Reserve Fund (2009) Nantucket Workforce/ Affordable Housing Fund (2016) One Book One Island Fund (2013) Rotary Club of Nantucket Charitable Fund (2016) Sconset Civic Association Fund (2015) TNP Academy Fund (2012)
Field of Interest Projects Addiction Solutions Fund (2016) Nantucket Christmas Pageant Fund (2013)
8
Nantucket Culinary Arts Designated Fund (2014) Nantucket Pond Coalition Fund (2014) Nantucket Wheelers Fund (2013) Ozone Surf Classic Fund (2013) Clarissa Porter Memorial Fund (2012) Sconset Playground and Park Fund (2013) TNP Academy – Community and Scholars (2017) TNP Academy – Illumination Tour (2017)
Robert and Alda Barrett Memorial Scholarship Fund (2013) June Bartlett Scholarship Fund (2011) William H. Brown Scholarship Fund (2012) Gary and Glenn DaSilva Scholarship Fund (2014) Jeanette T. Garneau Memorial Scholarship Fund (2013) Geronimo's Scholarship Fund (2012) Magical Chicken Scholarship Fund (2011) Pat Martin Scholarship Fund (2010)
Scholarship Edith Andrews Ornithology Scholarship Fund (2013)
Meredith Arts Scholarship Fund (2013) Nantucket Culinary Arts Scholarship Fund (2013)
Jack Pignato Memorial Scholarship Fund (2014) Sally Roberts Mentor Scholarship Fund (2016) Sun Catcher Scholarship Fund (2015)
Individual Donors to Funds Under Management 2017 Contributors
Agency / Organization Fairwinds/MY Fund (2017) Nantucket Community Television Fund (2016)
Anonymous
Victor Boyajian
Penny Dey
A Cut Above
Boyce Realty
Nantucket S.T.A.R. Organizational Fund (2013)
ACK Gift Bags
Bratton Family Foundation
The Diamond Family Foundation
Joan Albaugh
Jayne and James Briard
Small Friends Endowment Fund (2017)
Peter and Nancy Allatt Foundation
Annette and Peter Brodie
Unrestricted - Grant
Hank and Sheri Allen
Daniel Brownell and Kelley Laurel
Nantucket Fund™ (2006)
The Andersen Company
Diane L. Buechel
Rev. Ted and Gretchen Anderson
Samantha Burg
Nantucket Safe Harbor for Animals Fund (2013)
Margaretta S. Andrews Virginia F. Andrews
2017 Fund Highlight NCH Community Health Fund
Jim Annese Laurie Annicelli Annye's Whole Foods Artists Association of Nantucket Rosemary Ruley Atkins and Vernard Atkins Amy Atkinson Atlantic East Nantucket Real Estate
Robert and Norma Burton Karla and Stephen Butler Cape Air/Nantucket Airlines Cape Cod Five Cents Savings Bank Robin Carey Jane Cases Kevin Cassidy Champion Rentals The Chicken Box Chip Webster Architecture
Don Allen Chrysler, Jeep, Dodge, and Ram Ronald Dozoretz Julia L. Draves Drew Arent Carpentry and Tile Work Jennifer and Sean Driscoll Michael and Kitty Dukakis Mary Duty Donald and Anne Edwards Dorothy Harrison Egan Foundation Egan Maritime Institute Ann M. Egan Marsha and Bob Egan Morgan Ellington Nancy Elting Robert A. Emack
Robert J. Atlee
Cisco Secret Circle
Amb. Elizabeth F. Bagley
Christopher Clarke
Leslie and Harrison Bains
Clean Lines, Inc.
Fernando and Margaret Estaban
John Baker
Steven and Jennifer Cohen
Darcie Evans
Harriet Balkind
Judith Collatz
Faregrounds Restaurant
Janice L. Barefoot
Congdon & Coleman Insurance
Sheila and Matthew Fee
Henry and Rachel Bartlett
The Community Foundation for Nantucket was honored to assist with the Nantucket Cottage Hospital’s Community Health Initiative. Through this process, the Nantucket Cottage Hospital awarded $762,000 in grant funding to 13 nonprofit recipients. The Community Health Initiative grants were awarded in December of 2017, the first of five grant cycles that will ultimately invest more than $4 million in community health. These grants address the island’s most pressing health issues through collaborative, innovative, and sustainable programs.
John Burns
Alice and John Dodd
John and Sarah Bartlett Philip and Dorothy Bartlett Beauty Bar Billy Built Automotive Susan Blount Blue Hills Bank Foundation Lisa Botticelli and Ray Pohl
Michael Conway Carole E. Corkish Dan's Pharmacy Paul Daugherty Dave Ryan Landscaping Nantucket Steve Della Rocca and Courtenay Hardy
Endeavor Sailing Excursions
Marc and Sheri Feigen Marianne and Bob Felch Mr. and Mrs. Andrew Ferreira First Congregational Church First Republic Bank Nancy Fischman Joan J. Fisher Kerry Kennedy Flynn
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Alison K. Forsgren
Forest Harrell, III
Judith C. Kenney
Four Winds Gifts
James Haslam, III
Carla De Creny Freed
The Haul Over Nantucket
Kimberly and Bradley Keywell
Carl M. Freeman Foundation
Madeleine Hay
Crowell Freeman and Kathy Stevens
Debra Hess
Matthew Fremont-Smith Friends of Our Island Home Kathryn E. Fruscione John Gallagher Ellie Gallant Erica Gervais and Nicki Hines Elliot and Barbara Gewirtz Rosanna Giacalone Kathryn Glidden Elisabeth S. Golden Martin R. Goldfarb Robert Goldrich Jonathan C. Gordon Lisa Grace Great Point Properties Toby A. Greenberg Ginny Grenham Hannah Judy Gretz Grey Lady Marine Jean and Garth Grimmer Ann and Graham Gund The Gordon and Llura Gund Foundation Hackett Family Foundation Dominic Hadeed Mary Haft Edmund Hajim Hale Family Foundation Hall Billings Initiative Steven R. Hamblin C. Addison and Renee M. Hanan Peter and Karen Hanson Renee and Jeff Harbers Family Foundation
Eugene and Janet Hilzenrath Hingham Institution for Savings Hither Creek Rachel Hobart and Edward S. Toole Sam and Debra Hokkanen Holdgate Partners Sandra Holland Diane and Tom Hollister Ann and Peter Holmes William and Louise Hourihan
Kutnick Foundation Blair LaCorte Meredith B. Lamb Stephen Lamb Joshua and Hayley Lapiene Christine Lazorchak Le Languedoc Bistro Kerryann Leddy Brian and Kathleen Legg Jim and Jill Lentowski Richard Leone Joan Libby Stephen A. Lindsay Lindsay Custom Builders
Viola C. Howard
Linnea Gardens
Hughes Septic Service
Peter and Alison Mackay
Bill and Juliet Hunter
Carolyn MacKenzie
Meg Hunter and Family
Majic Family Fund
Hy-Line Cruises
Mary D. Malavase
Inquirer and Mirror
Margaret Malloy
Island Carpet
Sally Mann
Island Kitchen
Jeffrey K. Marcinko
Island Lumber Company
Sherri Marean
Island Pharmacy
Marine Lumber Company
Island Window Cleaning
Christine Matthews
Kent D. Jackman
Deborah McIntosh
Jaxx Taxi
Robert and Evemarie McNeil
Joanna & Company
John A. McGuinn
John-Lawrence Funeral Home
James Meehan and Patricia White
Cindy Jones
Merritt Family Trust
The Judy Family Foundation The Juice Bar Thea and Pete Kaizer Heidi Holbrook Kalil Michelle Kalman Steve and Jill Karp
Harbor Fuel Oil Corporation
Diane Karper
Richard and Jane Hardy
Katie Johnson Fellowship
Curtis and Beth Harrell
Thomas D. Kelly
11
Robert M. Kucharavy
Robert E. Kennedy
Museum of African American History Joan Nance and the Moore Family Nantucket Arts Council Nantucket Atheneum Nantucket Bank a division of Blue Hills Bank
Nina Liddle Design
Paul and Margaret Roberts
Jim and Mary Anne Nolen
Meg Ruley and David Lovett
Al and Mary Novissimo
Robert Russell and Stephen Delay
Oath Pizza Stephen and Susan O'Brien Lisa Ochoa Judy and Gerry O'Connell
Nantucket Book Partners
Robert and Lorraine Olson
Nantucket Community School
Albert Ottison
Nantucket Conservation Foundation
Katie Owsley
Nantucket Dreamland Foundation Nantucket Education Trust Nantucket Express Nantucket Golf Club Foundation
Susan and Karl Ottison James J. and Kimberly Pallotta Parchment Partners Healthcare System Neil Paterson, Inc. Jane E. Payne
Nantucket Historical Association
Mr. and Mrs. John B. Penrose
Nantucket Holidays for Heroes
Andre and Suellen Perold
The Nantucket Hotel
Pamela Perri
Nantucket Island Chamber of Commerce
The Petersons
Nantucket Island Management Nantucket Island Surf School
Jacques and Amy Perold
Melissa and Nathaniel Philbrick Pion, Nerone, Girman, Winslow & Smith, PC
Diane and Michael Ryan Ryan Conway Landscaping Melanie and Bob Sabelhaus Emory W. Sanders Sandy Beach Party Alfred Sanford Santos Rubbish Removal Robert Sarvis Susan Saunders Nancy Sayles Day Foundation Jackie and Paul Schaeffer Schmidt Family Foundation Schwab Charitable Matching Gifts Fund John Schwanbeck and Penny Scheerer Karen C. Schwenk Emily Scott David Meerman Scott Mary Cowell Sharpe T.R. and Kathy Shaw Shepley Wood Products
Janie Plank
Sign Here Nantucket
Gene and Robert Pratter
Kevin P. Singleton
Nantucket License Plate Fund
Mary Price
Bernadine Small
Todd and Lovisa Rainwater
Small Friends on Nantucket
Nantucket Lighthouse School
Karen W. Rainwater
Geoffrey Smith
Nantucket Lightship Basket Museum
Sanjay Rawal
Mark A. Songer
Read Family Fund
Mr. and Mrs. Phil Stambaugh
The Nantucket Lobster Trap
Peg and Phil Read
Anita Nettles Stefanski
Jennifer L. Mezzapelle
Nantucket Maria Mitchell Association
Vic and Maureen Reed
Barry and Mimi Sternlicht
Miacomet Conservation League
P & M Reis Trucking
Sun Island Delivery
Nantucket Preservation Trust
Norman and Linda Reith
Sun Island Fuel Swain's Travel
Nantucket Islands Land Bank
Betsy Michel
Nantucket Wine Festival
Charles and Harriet Moores
W.A. Renee & Associates, Inc.
Town of Nantucket
Cassandra M. Moran
David Reyes
Ofer and Shelly Nemirovsky
Peter and Joan Morris
Brian Rice
Chip and Anne Newton
Alicia, Tim, and Brooke Mullen
Mr. and Mrs. Germain D. Newton
Duncan and Elizabeth Richardson Charitable Fund
Murray's Toggery Shop
Nate and Tracy Roberts
Anne Swan Sweet Inspirations Janak and Deanna Talwalkar John E. Tant, III Ron M. Tarsy John Templeton Foundation
12
GW Thayer Corporation Garrett Thornburg Tidal Creeks Boatworks Tom Hanlon Landscaping
Visco Pumping Mona A. Wachtel Robert and Gail Ward
Jessica Toole Jeanette G. Topham Toscana Corporation Richard A. Travaglione Nancy Traversy Tudor Investment Corporation Matching Gift Fund Tupancy-Harris Foundation Union Lodge F. & A.M. Valero & Sons
Barbara and Michael Varbalow
Laura Wasserman and Ian Golding Lucille Nielancy Weiner Andrea Weiss Elizabeth B. Welles Revocable Trust Finn and Kim Wentworth Caroline and Helmut Weymar Clark Whitcomb†
Save The Date!
Barbara and Mark White Duncan A. White Heidi White Bob and Linda Williams Cary M. Williams Bryan and Susan Williamson John Winthrop Charitable Trust
Nantucket Nonprofit Conference
Christy Wise and Bob Axelrod Aline Wommack Joon Yun
On September 26, 2018, the Community
Barbara Zaccagnini
Foundation will sponsor Nantucket’s
Amy Zielinski
White Heron Theatre Company
†
Deceased
first Nonprofit Conference. Funding for this inaugural event is provided by the Joseph and Deidre Smialowski Philanthropy Fund, and world-renowned nonprofit advocate Dan Pallotta will be
Addiction Solutions
our keynote speaker. Dan is the founder and President of the Charity Defense Council, dedicated to transforming the way the public evaluates charities.
Dan’s Uncharitable talk, based on his book “Uncharitable: How Restraints on Nonprofits Undermine Their Potential”, has inspired audiences around the world and we are very excited to have him join us in the Fall.
13
#
Goal
In 2016, Addiction Solutions of Nantucket created a charitable fund with the Community Foundation while they charted the course of becoming an independent 501c3, to provide medication assisted treatment and counseling to aid in substance abuse recovery. Last year, the Rotary Club of Nantucket identified Addiction Solutions as their major charitable project, and raised over $168,000 through their own CFN Fund. Both funds were retired in early 2018, awarding over $240,000 to Nantucket’s newest charitable nonprofit.
2
Above: Principles and Supporters of Addictions Solutions of Nantucket at a 2018 Breakfast.
Convening our Community 14
The Community Foundation for Nantucket
Advisory Committee
Scholarship Funds
The Foundation is dedicated to learning from and collaborating with local
The Community Foundation manages fourteen scholarship funds and works
leaders. We have created an Advisory Committee of health care workers,
closely with the Nantucket High School’s guidance department to ensure that
educators, clergy, police, town officials, media and others. Regular feedback
Nantucket students have access to higher education. In 2017, the Foundation
from this group helps inform our grant making process.
awarded $45,500 in scholarship funds to 20 local students pursuing degrees.
In 2017, we hosted our second annual Advisory Committee gathering. The
The Sally Roberts Mentor Scholarship Fund was one of our new funds in 2017.
conversation was insightful, and the conversation was of great value to
This scholarship was established by the Roberts Family to honor Sally’s legacy.
the Foundation as we move forward in our community convening and grant
Sally taught physical education at Nantucket Elementary School for over 20
making. As we move into 2018, the Advisory Committee meets more regularly
years and was a constant advocate for children, in and out of the school. This
to discuss specific community needs.
scholarship is awarded to a student who was an active member of the Mentoring Youth Nantucket Program and is pursuing a career in education.
The committee identified the following as top community needs: • Mental Health Services
• Services for Elderly
• Access to Housing
• Access to Healthcare on-Island
• Substance Use Disorders
15
16
2017
Cornerstone Contributors Supporting the Foundation’s Operations $10,000+
Barbara and Amos Hostetter
$500 to $999
Elizabeth Russell Boe
Jean and Hugh Halsell
Susan E. Baldwin
Meryl and Michael Bralower
Hashem Family
Bill Belichick and Linda Holliday
Vivian and Bob Braunohler
Mr. and Mrs. Robert Henry
Alice and James Breed
Hepburn
Debby Belichick
Jim and Jennifer Calhoun
Bewkes Family Foundation
Judy Carini
Richard and Maureen Herman
Patti and Doug Brown
Martha Carr
Heidi Cox
Michael and Elizabeth Galvin
Karp Family Foundation
Nantucket Bank a division of Blue Hills Bank
Ellen and Christopher Hoeffel*
Monica and Tom McCasland
Susan and Karl Ottison*
Victoria McManus and John McDermott*
Mr. and Mrs. John B. Penrose*
Martha and Paddy Farrell
Mary Casey and Jeffrey Blackwell
Mrs. W. Laird Stabler, Jr.
Barbara J. Fife
William Cashman
Ann and Peter Holmes
Mr. and Mrs. Daniel Catlin, Jr.
John and Judith Lochtefeld Lyle Lothian and Deb Killen Polly and Nick Miller
$2,500 to $9,999
Curtis L. Barnes
Jason L. Michel
Nantucket License Plate Fund
BNY Mellon Wealth Management
Marlene Benson
Sherley and Terry† Newell
Jenny and Steve Paradis
Susan Blount and Richard Bard
Lynn and Nick Nicholas
Peg and Phil Read
Al and Mary Novissimo
Magdalena Padzik Reid
Bob and Nancy Puff*
Chloe Sanford
Schwab Charitable Matching Gift Fund
Sheila and Bill Sullivan
Jeanine and Alastair Borthwick Maureen and Edward Bousa
Bill and Susan Boardman
Christina Craighead
James Burruss and Mary Fontaine
Cynthia and John Everets
Will Brown Fund
Marianne and Bob Felch*
Kevin and Jayne Cassidy
Andrew Forsyth and Kelly Williams
Beth and Wayne Davies
Karyn McLaughlin Frist
Stephen A. Davis*
Barbara Ellis Jones
Marsha and Bob Egan*
Zeldy Lyman and Duncan A. White*
Charles and Kaaren Hale
Mr. and Mrs. Robert Newhouse, III Lynn Petrasch* Melissa and Nathaniel Philbrick* Stephen Presser and Diane Archer Ms. Greeley Sachs and Mr. Seth Levine Rev. Georgia Ann Snell Caroline and Helmut Weymar*
John H. Davis
Hale Family Foundation* Lucile W. Hays Sandra Holland* Tucker and Michelle Holland Joy H. Ingham
David and Lori Sherrill Siasconset Union Chapel Eric Silverman Joseph and Deidre Smialowski Mr. and Mrs. William Spears Barbara and David Spitler Greg and Laura Spivy
The Islander Package Store The Judy Family Foundation
Louis and Marjorie Susman*
Robert and Katie Keith
George and Ann Thom
Marsha Kotalac*
Mr. and Mrs. Robert Tichio
Le Languedoc Bistro
Charles and Allison Townsend
Stephen A. Lindsay Richard and Nancy Lubin
$1,000 to $2,499
Carolyn and Ian MacKenzie
Janet and Sam Bailey
Mr. and Mrs. Donald B. Shackelford*
Mr. and Mrs. Phil Stambaugh*
Clark Whitcomb†
Anonymous
Sarah Schwartz and Will Hannum
Neil and Lauren Marttila Mr. and Mrs. William McNabb*
Donald Holdgate and Sandra Lundin Mimi Huber Fred and Jan Jaeger Cecil and Paul Jensen
Howard Chadwick
Julius and Daintry Jensen
Don and Sue Clark
Mr. and Mrs. Paul Judy
Mimi and Dick Congdon
Patty and Gerry Keneally
Mr. and Mrs. W. Michael Cozort
Mary C. Kenny
Jay Craven
Susan Kenny
Amanda B. Cross
Anne Lanman and Vaughan Machado
Jack and Renee Cuneo
Donna and Jeff Lockhart
Darya Salon
Pamela Lohmann
Mark Donato and Beth English
Mr. and Mrs. George C. Lunt, III
Judith and Daniel Drake
Kiera and Jerry Lynch
Betty and Rhett Dupont
Judy and John MacLeod
up to $500
Sheila and Matthew Fee
Thomas and Amy Maggs
Anonymous
Julie Fitzgerald and Carl Sjolund
Dana Mallozzi
Sandra Urie and Frank Herron Don and Deborah Van Dyke
Carrie and Leigh Abramson Sarah Alger and Bruce Malenfant AmazonSmile Foundation Andree G. Anderson Margaretta Andrews
Christine and Brian Flynn Suzanne K. Forsyth Robert Franklin and Charles Mappin Jennifer and Dalton Frazier
The Antiques Council
Rachael Freeman and Sam Slosek
Mary Randolph Ballinger
Betsy and Don Freytag
Kenneth G. Bartels and Jane Condon
Mr. and Mrs. Lou Gennaro
Susan Beamish Wendy Beardsley Judy and John Belash
Geoffrey and Elizabeth Verney*
Gary A. and Carole P. Beller
Catherine S. Ward
Paul Blackwell
Margie and Bruce Warwick
Meghan Blair-Valero
Kim and Finn Wentworth
Lesley F. Blanchard
Jeanne and John Bennett
Amy and Ben Bloomstone
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Mr. and Mrs. Eric Holch
Debbie and Bob Giese Chuck and Julie Gifford Wendy T. Gifford Whit and Anne Gifford Ted and Andrea Giletti Peggy Gilfoy Joe and Maria Grause Rick Hajjar Robert and Valerie Hall
Holly and Martin McGowan Vickie and Greg McLaughlin Lisa Miller Nantucket Island Chamber of Commerce Elizabeth Oldham Adrienne and Jeffrey Owen Tim and Barbara Reed Priscilla Reis Peter and Nancy Rodts Melanie and Bob Sabelhaus Bonnie J. Sacerdote Robert and Denise Schwed Thomas Schweizer Lynn and Bud Selander Don and Mary Shockey Penny F. Snow Phillip and Lonnie Snyder Charles and Elna Soule
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Mr. and Mrs. W. Laird Stabler, III
John and Lita Toland Chris and Melissa Tremblay
Ramsay and Holly Stabler Christina Staudt
Tri-Search Barbara and Michael Varbalow
The Rev. Bill and Linda Steelman
Linda Ventresca
Charles and Barbara Stott
Clark and Andrea Wagner
Stacey Stuart and Peter Greenhalgh
Nancy G. Walker
James Sulzer and Barbara Elder
Barbara Wallner
Pamela P. Waller
Tina Tait
Emma Ward
Robert and Deborah Taylor
Suellen Ward and John Copenhaver
Annie Teasdale
Dr. and Mrs. Francis M. Weld Daryl and Robert Westbrook Linden and Madeleine White Donor Advised Fund
Wauwinet Yacht Club
Charitable Remainder Trusts
Steve and Lori Wyckoff Mrs. Bracebridge Young Steve and Lori Wyckoff Mrs. Bracebridge Young
Nancy Chase’s story is a familiar one. A generational Nantucketer, Nancy owned several properties on Nantucket which had increased in value over time.
Maire Watkins
J. Barry and Charlene Thurston
Planned Giving
Rhoda Weinman and Joseph McLaughlin
†
Deceased
Nancy sold one of these properties in 2008, and created a Charitable Remainder Trust which held the proceeds from that sale. This accomplished several things:
* Multi-year pledged commitment
In Memory of
Nancy avoided any capital gains on the sale, which would have been significant;
Richard H. Oman
She received income from her trust to support her during her lifetime; and She supported several Nantucket charities with the funds from her trust upon her death.
This past June, we were saddened by the loss of Dick Oman, a member of the Community Foundation’s founding group. Beyond his family, Dick's life passions were philanthropy and a commitment to community, as evidenced by a life of service. Dick served as Secretary, Director, and Counsel to the Columbus Foundation from 1955-to-1977 and as legal advisor for many years following. His insight during our early years proved invaluable, and we are so thankful we had Dick’s counsel and support as our organization grew.
The Community Foundation is honored to be one of those charitable recipients through the Nantucket Fund™ — Nancy left a significant legacy to the Island and We Thank Her!
Legacy Society 2017 Contributors
Gifts in Memory of Richard H. Oman Andree G. Anderson Margaretta Andrews Janet and Sam Bailey Mimi and Dick Congdon Marianne and Bob Felch Betsy and Don Freytag
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Ellen and Christopher Hoeffel
Mr. and Mrs. Donald B. Shackelford
Sarah Oman Horne and Steve Horne
Rev. Bill and Linda Steelman
Mr. and Mrs. George C. Lunt Sherley and Terry † Newell Susan and Karl Ottison
The Community Foundation recognizes and thanks friends listed below who have arranged a bequest or made a planned gift to the Foundation. Margaret H. Blair †
Thomas Maggs
John Penrose
Nancy Chase †
Chris and Linda Meredith
Lynn Petrasch
Barbara Wallner
Marsha Egan
Anne Olsen
Phillip Stambaugh
Maire Watkins
Zeldy Lyman and Duncan White
Richard H.† and Jane Oman
TriSearch
Susan Ottison
†
Deceased
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Memorial Gifts
Tribute Gifts
2017 Contributors
2017 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:
Mohan Advani
Margaretta Andrews
Susan and Karl Ottison
Robert and Eleanor Jones Anonymous
Steve Aguiar Meg Hunter and Family
Edith Andrews Virginia Andrews
David Cox Susan and Karl Ottison
Dr. John W. Gerster Paul Keeshan
Margaret Gifford
Dr. Jack Judson Curtis and Beth Harrell Forrest Harrell, III Bryan and Susan Williamson
Charles Naeser Susan and Karl Ottison
Robert Newhouse, Jr. Vickie and Greg McLaughlin
Whit and Anne Gifford
Lisa Miller
Tim and Barbara Reed
Herb and Lynn Selander
Forrest E. Harrell Sherri and Hank Allen
Linda Ventresca Steve and Lori Wyckoff
Frank Dominic Raffa, Jr. Thomas D. Kelly
Susan St. John Patricia Curran
Blue Hills Bank Foundation
Max Berry and Pamela Thomas
Grace and David Gleason Susan and Karl Ottison
Mary Glowacki †Eleanor MacVicar
Susan and Karl Ottison
Ted Taylor, III Susan and Karl Ottison T.R. and Kathy Shaw
David D. Worth, Sr. James and Jill Lentowski
Elizabeth Zeilinski Sherri Marean
Maureen Fennessy Bousa Jeanine and Alastair Borthwick
Annye Camara Blue Hills Bank Foundation
Brooke Dalury Anonymous
Bob Felch Kenneth G. Bartels and Jane Condon
Hunter Finn and Vesper Samantha Burg
Andrew Forsyth Suzanne Forsyth
B.J. Ganem
Lucile W. Hays Susan and Karl Ottison
Colleen Hempleman Sarah Newton
Carr Holland and Maxwell Mundy Margaretta Andrews Debby Belichick Hale Family Foundation Donna and Jeff Lockhart Mrs. Bracebridge Young
Frances Karttunen Union Lodge F. & A.M.
Peter Mackay Blue Hills Bank Foundation
Besty Minihan Greg Bird
Franci Neely Susan and Karl Ottison
David W. Oman Sarah Oman Horne and Steve Horne
Joan Arbetter Rosenberg Anne Fischell
Charlotte Staudt Christina Staudt
Robert Tichio Mimi Huber
Geoff Verney Charles and Kaaren Hale
Robin Wiessmann and Ken Jarin Jeffrey and Sarah Newton â€
Deceased
Kent Jackman 21
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3 #
Goal
Strengthening our Foundation
From the Executive Director I am so proud of how the Community Foundation has made a difference on Nantucket this year, thanks to you! Thank you to our donors who believe in our mission. Thank you to our Trustees who support our efforts every day to provide help to Nantucket where it is needed most. Thank you to the amazing women I work with who love what they do, coming to work every day with a smile on their faces. I could not be more grateful, and look forward to another
Our Trustees
wonderful year fulfilling our mission to strengthen our Island community.
– Margaretta Andrews
In 2017, we said goodbye to four Trustees: Bill Frist, Marsha Kotalac, Sue Ottison, and Geoff Smith. We are so grateful for their many years of service and support of the Foundation. We also welcomed two new Trustees (below) as part of our mission to recruit active and insightful community leaders to our Board.
Staff Update In 2017 we welcomed two new staff members to our team. Kristin Campbell (top) joined us as our Office Manager and Carlisle Jensen (bottom) as our Development and Program Coordinator. Krissy and Carlisle are active Nantucketers and like Margaretta and Jeanne, are deeply entrenched in our Island’s year round community. Next time you are on-Island, make sure to stop by our office to say hi.
Maureen Bousa
Neil Marttila
Maureen joined us as a Trustee in August of 2017. She lives in Wellesley Hills, MA and has enjoyed a summer cottage on Nantucket since 2003. Maureen has a wealth of nonprofit board experience, and has been an invaluable addition to our board and development committee. Maureen and her husband Edward are the parents of Marina, Eamon, Bridget, and Monica.
Neil jumped head first into his role with CFN. He joined our board in early 2017 and become our treasurer in August that same year. Neil is the Senior Vice President and Market Executive at Nantucket Bank, a division of Blue Hills Bank and serves as a board member of many local organizations. Neil has lived on Nantucket since 1991 and is married to Lauren Marttila.
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Community Foundation for Nantucket Staff Clockwise from top left: Kristin Campbell, Margaretta Andrews, Jeanne Miller, Carlisle Jensen.
Statement of Financial Position
Statement of Operation Activities
Year Ended December 31
Year Ended December 31
2017
2016
Assets $
Total Current Assets
Net Property and Equipment
3,977,652 139,776 3,816
$
1,963,843 195,092 1,782
4,121,244
2,160,717
5,171
-
Non-Current Assets Long-Term Investments Contributions Receivable, Net of Discount
Total Non-Current Assets
Total Assets
$
4,227,143 304,789
4,294,778 318,460
4,531,932
4,613,238
8,658,347
$
6,773,955
Liabilities and Net Assets Current Liabilities Accounts Payable
$
Agency Funds Held For Others
Total Current Liabilities
Total Liabilities
17,830
$
14,233
429,054
288,266
446,884
302,499
446,884
302,499
Net Assets
Total Unrestricted Net Assets Temporarily Restricted Net Assets
25
Gifts, Grants and Contributions Grants and Contributions Donated Facilities
$
$
4,703,899 121,378 238,844 814,531 484,397 976,239 427,610
2,824,047 218,275 334,200 966,660 460,338 877,051 277,333
7,766,898
5,957,904
444,565
513,552
8,211,463
6,471,456
8,658,347
$
6,773,955
5,105,264 $15,000
$ 5,320,685 36,000
479,099
125,229
127,084
134,374
Other Revenues Investment Return (Loss) Other Revenue Received on Behalf of Funds
Reclassification of Net Assets Satisfaction of Donor Restrictions
Total Support, Revenues and Reclassifications
-
-
5,726,447
5,616,288
Functional Expenses Total Program Services Grants
$
Program Expenses on Behalf of Funds
Operating Expenses
Total Program Services
Unrestricted Net Assets: Donor-Advised Funds Designated Funds Special Project Funds Partner Funds Scholarship Funds Nantucket Fund™ Endowment Funds Operating Funds
Total Net Assets Total Liability and Net Assets
2016
Support, Revenues and Reclassifications
Current Assets Cash and Cash Equivalents Contributions Receivable Prepaid Expenses
2017
2,625,164 943,069 204,006
$
1,750,422 616,769 171,137
3,772,239
95%
2,538,328
92%
153,996
4%
137,701
5%
60,205
1%
80,981
3%
Total Functional Expenses
3,986,440
100%
2,757,010
100%
Total Change In Net Assets
1,740,007
2,859,278
Net Assets - Beginning of Year
6,471,456
3,612,178
Administrative Fund Raising
Net Assets - End of Year
$
8,211,463
$
6,471,456
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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