Community Foundation of Western Nevada
Community THE
You CREATE
ANNUAL REPORT 2013
1
We are committed to valuable service to our community. We foster innovation, collaboration, and imagination.
We are an engaged community leader and ally. We seek to develop and influence philanthropic leaders. 2
Our mission is to strengthen our community through philanthropy and leadership by connecting people who care with causes that matter. Letter from Board Chair and President / CEO.................................2 Financial Highlights............................................................................4 Fundholder’s Story: A Generation of Givers.....................................6 Foundation Initiative: You’N-I...........................................................8 Fundholder’s Story: A Gift of Love..................................................10 Legacy Society....................................................................................12 Partnership Grant Program..............................................................14 Community Endowment..................................................................16 Donors................................................................................................20 Expanded Mission.......................................................................... A-B Board of Trustees................................................................... Fold Out Grantees..............................................................................................28 Funds...................................................................................................34 Scholarships........................................................................................38 Professional Advisor Council...........................................................44 Business Relationships......................................................................45 Financial Statements..........................................................................46 Foundation Options Chart...............................................................48 Philanthropic Advising Services......................................................50
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Oh What a Difference
Thomas J. Hall, Chair, Board of Trustees and Chris Askin, CSPG, CFRE, President and CEO
Dear Friends, Welcome to the new Community Foundation of Western Nevada. Last year we hinted at changes as we began our evolution into launching resident engagement conversations to address some of the persistent challenges facing our community. We had great plans but hadn’t yet held our first convening nor chosen the first initiative. Through a process involving the Board and numerous people in our community, we started our new future with a focus on struggling and homeless youth ages 12-24 and aging out foster youth. The Youth Network Initiative or “You’N-I” has been extremely gratifying, involving more than 600 stakeholders including 90+ youth. We’ve moved to action quickly with the launch of an online resource directory of services, and more plans are underway. We’re also exploring exciting new opportunities for community impact including supporting the development of evidencedbased programs to increase effectiveness and to access new 4
a Year Makes! funding for the community. We are discussing Impact Investing to use some of our capital for local social and economic benefits in addition to investment income. We’ve also expanded the Board by adding terrific leaders who bring expertise as well as new connections through the local community and northern Nevada. It’s been a very busy 12 months. Our theme for this year is “The Community You Create,” and you’ll see this throughout the Annual Report as we focus on you and building new community collaborations and bringing together diverse stakeholders to address issues in new and creative ways. We are living our new core values, listed throughout the Report, and have also worked to strengthen our core services of philanthropic advising, working with families on their charitable legacies, and growing donor advised, scholarship, designated, and area-of-interest funds. We are profoundly grateful to the donors and professional advisors who have placed their faith in us and are honored to serve them and our community. As we look forward, we will continue important programs such as the 100% Giving Board Award, the Partnership Grantmaking program, free Financial and Estate Planning seminars and classes, and the High School Giving Circle. Now we can and will do more. Please join us and help us help the community. Imagine the community you would like and let’s make that vision a reality. We can become the community you create.
Thomas J. Hall Chair, Board of Trustees
Chris Askin, CSPG, CFRE, President and CEO 5
Financial
Assets in Total $80 $70 $60
Millions
$50 $40 $30 $20 $10 $ 1998 1999
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Assets by Fund Class 7%
1%
9%
44% 12%
27%
Donor Advised................................ $ 31,300,000
44%
Designated ..................................... 19,700,000
27%
Endowments................................... 8,400,000
12%
Funds Held by Others..................... 6,800,000
9%
Scholarships.................................... 4,800,000
7%
Area of Interest.............................. 1,000,000
1%
6
$ 72,000,000
2013
Highlights
Grants Awarded
$14 $12
Millions
$10 $8 $6 $4 $2 $0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Grants by Program Area 4%
3%
5% 24% 6%
Note: In addition to Community Foundation funds, this chart combines grants that were awarded by funds held for others. These funds are reclassed for financial statement purposes.
10%
12% 23% 13%
Environment and Animals...................$ 1,715,645
24%
Education.............................................. 1,622,939
23%
Children and Family............................. 877,247
13%
Community Development....................
837,175
12%
Arts and Culture...................................
673,836
10%
Religious Institutions............................
415,137
6%
Human Services ...................................
352,176
5%
Health...................................................
310,191
4%
Other.....................................................
214,260
3%
$ 7,018,606
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Generations
Elizabeth Bowker and daughter, Susan Lynn.
Three generations of Elizabeth Bowker’s family
work with the Community Foundation to support their family values. Elizabeth Bowker, scientist, teacher, and family matriarch established a donor advised fund in 2008 and a scholarship fund in 2010. Susan Lynn, Liz Bowker’s daughter, referred her mother to the Foundation for help in carrying out her charitable goals. Liz is passionate about encouraging math and science education for girls and women, helping animals, and honoring veterans. She wanted to give anonymously, and the Community Foundation made that possible. The younger generation added water quality to the list of charitable areas supported by the donor advised fund. The family feels:
It is important that families talk about supporting their communities and put their money where their mouth is—to do something meaningful or to help causes they believe in. This
8
of Givers. . .
Susan Lynn with son, Buzz Lynn and daughter, Jennifer Lynn Thompson.
is the first year that the grandchildren have participated in the decision making, and they are learning about the Foundation and how it works. The Foundation is an excellent teacher and source of information but encourages donors to contribute their own thoughts on giving. Since this is the first year of including three generations, we had a moderate learning curve. Each of us developed a list of potential organizations within Liz’s charitable interests. We asked the Foundation staff to help us find groups and people who wanted to help themselves. The Foundation provided research on organizational performance and the needs in the community. Family members emailed each other over preferences and performances. Amazingly, we reached eager and easy decisions. It may not always be so, but it also fulfills a common hope of all families— that they can talk with each other and resolve differences. The Community Foundation can help families pool or leverage funds to maximize a gift, build funds, think about how to give and where to give, provide information and help understand selection processes as well as provide alternative ways to think about gifts. The Community Foundation is helping our family create a legacy of giving.
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What Would If you were without For too many Washoe County youth life is a harsh and lonely struggle.
You’N-I The Community Foundation
is asking residents of Washoe County to work on the challenges and too often bleak futures facing unattached youth. The Foundation facilitated two community-wide convenings (gatherings) and made sure struggling youth were in the crowd for each convening and also participated in the steering committee. The key to the initiative’s success is listening to the youth and involving them in every step of the process. The first tangible outcome of You’N-I is complete. The Community Foundation has created RenoYouthNetwork.com (RYN), an online searchable database to help people find available services in Washoe County. RenoYouthNetwork.com is a dynamic database that learns key words such as “help,” “food,” and “baby” and brings up local services to address the need. RenoYouthNetwork.com is publicized to all high school and middle school students in Washoe County as well as local service providers. Thanks to a Community Foundation donor, an Americorps Vista volunteer has been hired to coordinate the Foundation’s initiative. You’N-I is all about collaboration,
10
You Do . . .
family and alone?
facilitation, and community engagement. Participants in the initiative are working together to change the situation for homeless youth. Discussions among community agencies have taken place about creating a downtown drop-in center. Other topics of exploration include youth transitional housing and a mentoring program.
What Can You Do? Get Involved! 1. Call the Community Foundation and ask to be put on the stakeholders’ list so you will receive notices of meetings and project progress. 2. Follow us on Facebook. Facebook/YouthNetworkIntiative 3. Change comes at a price. Give generously to the Youth Network Initiative Fund. 11
Gift of Love for the Love of his Life
Tommy met Bennie on a blind date. He almost backed out when he learned she was a Deputy Sheriff. Quickly his intimidation changed to infatuation and Tommy loved Bennie the rest of her life. His love for her endures today.
A successful southern California businessman, Tommy Livoti retired in 1991. He and Bennie moved to Carson City where they returned to their church and began attending mass at St. Teresa of Avila. Bennie devoted herself to her faith and threw herself into helping the children of a mission school in Appalachia. Tommy was impressed with her example and became a more charitable person. Bennie Livoti died June 16, 2006. In August 2007, Tommy walked into the Dog House bar in Carson City and began the next phase of his life. At the Dog House he met his close friends, Mooch and Big Ernie. The three friends enjoy camping, hunting, and fishing together. Tommy still yearns to catch the Big Brown to complete his bucket list and remains active with his church. Tommy worked with his attorney and the Community Foundation to establish a scholarship for the children of St. Teresa of Avila School and will leave his house to the Community Foundation so the religious clergy of St. Teresa’s may live in it. I am happy because the burden is off me to organize my estate. I am very relieved and pleased. I can sleep at night without Bennie telling me in my dreams, “Get on with the plans and make sure our money is put to good use.” Right now I am 12
playing hard with dear friends. I am older and in good health. Life is good. I cannot spend what I earned; it feels good to help these kids. Legacy society members like Tommy are the catalysts for Community Foundation growth and impact. Your reason may be uniquely personal, but your gift will touch generations of Nevadans.
Sample Bequest Language Including a bequest to the Community Foundation of Western Nevada as part of your estate plans is easy. Ask your legal counsel to include the following statement: I give and bequeath_________________________________ (amount, percent of estate or description of property,) to the Community Foundation of Western Nevada. Options: This gift is given to the________________________ (name of fund) at the Community Foundation of Western Nevada.
n
n
This gift will establish a permanent endowment fund known as ________________________ devoted to support the following charitable causes_______________________.
n
This gift is given to the Community Fund.
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Legacy Society Anonymous
Regina L. Dunbar
George and Mary Aker
Conrad and Kathy Evans
Elaine Alexander and Robert Moore
Debra Finnell Steve Finnell
Robert and Sallie Armstrong
Karen Y. Foissotte
Jane Kimberly Becker
Martha Gould
Roger A. Bergmann
Robert and Monica Hemsath
Dave and Janet Bingham Mary Bisoni David E. Book and Lucy A. Moreton-Hall Fred and Jane Boyd Cameron Clarkson Jim and Suzy Davenport Shayne Del Cohen Arthur and Shirley DiSalvo
Judy Humphrey and Marc Whitten Bruce R. and Nora James David and Deedee Jenson Beverly Johnson and Curt Frank Paul M. and Janet Laxalt Tommy Livoti Cary Lurie Connie Mantini Sheri L. Masini
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Mary McGrath
Jack Randall
Sue McIntosh and Steve Jones
Julia Ratti and James Cavanaugh
Dieter and Hettie Meun
Phil and Jennifer Satre
Elizabeth Mollath
Patti Snyder
Maureen Mullarkey
Larry D. Struve
Enid Oliver
George A. and Arlene Summerhill
Alfred J. and Lola Ouska
Lilli Trinchero
Frank and Kay Partlow
Jeff and Tracy Turner
Susanne Pennington
Maurice White
James L. and Gail Pfrommer
Jill M. Winter
Rosalie K. Quesnoy
William B. and Vivian Lee Wright
Alice Ramlow
Julie F. Young
Remembered Dr. Robin S. Ballantyne
John Snyder
Beth Miramon
Jeff and Geneva Springmeyer
Rachel L. Mould
Nadine Stegelmeyer
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Partnership
Game Changing Grants Widening Expectations Partnership Grants
are the Community Foundation’s annual discretionary grants. This is a PARTNERSHIP highly competitive program eliciting grant applications from organizations large and small across the state. The grant selection committee selects winning organizations on the basis of their critical nature to the community and the impact of their programs.
GRANTS
After challenging nonprofit agencies to match their Partnership Grant, the Community Foundation was surprised and delighted with the grant results. The ten nonprofit organizations raised more than enough contributions to make their match an average of five times over. Raising money is a struggle for all nonprofits. These organizations used their Partnership Grant match to excite current donors and as a way to approach prospective donors. 16
Grants
2013 Partnership Grant Results are About Much More than Money They are about collaboration, citizen engagement, and creative impact. Sierra Association of Foster Families’ tutoring program combines daily tutoring in students’ foster homes with mentoring, while substantially raising their grades and academic achievement. This program improves the lives of these vulnerable children. Community Chest engaged the community of Virginia City to re-open their community library, making new friends and growing community engagement and pride. Partnership Grants raise the level of fundraising, deepen the engagement of donors with their community and their favorite nonprofit organization, and create new collaborations of ideas and programs that make our community a better place to live.
2013 Partnership Grant Winners Austin’s House Black Rock Solar Community Chest Communities in Schools in Nevada FISH (Friends in Service Helping)
Holland Project Nevada Health Centers Safe Haven Rescue Zoo Sierra Association of Foster Families Veterans Guest House 17
The Music
but the Beat Goes On
Community Endowment Everybody loves a parade. The Artown
parade you join with your grandson probably sounds and looks different than the parade you watched with your granddad. Time passes, needs change and our Nevada communities evolve.
Your gift to the Community Endowment is a gift from one generation to the next. The Community Endowment is a permanent regional fund that will enable the Community Foundation to really help in times of crisis. Your gift will make it possible to address deep problems that take time and money to change. We have no way of knowing what challenges our children and grandchildren will face 18
Changes,
Photo Courtesy of Jon Harrison
20 years from now, but the Community Endowment will always be relevant, important to our region and, most of all, available when needed. You have contributed so much to build this community. So has the Community Foundation. Energy and evolution is perking in the Truckee Meadows. Through leadership and philanthropy we can help create the community where our grandchildren will want to live. The time is right, the goal is ambitious, our community is ready and waiting for you, and for us, to step up. Leave a bequest to the Community Endowment. We need your help to create a versatile force for good, forever. 19
Your gift. . . A Reflection of Your
20
Values for All Time
Community Foundation Donors Care about Keeping Nevada Wild and Wonderful Fundholders recommended a grant to help Nevada Land Trust purchase 359 privately owned acres in the Carson Valley. The land will be saved from development for generations to enjoy its beauty and preserve important grazing land for Mule Deer. Other projects facilitated by the Foundation are the acquisition of land in Tahoe Meadows, a gift to help the Carson Valley Trails Association, and work with Nature Conservancy to preserve the Carson Valley River Fork Ranch. Are you interested in preserving the special places in Nevada? We can help find a project you can plant your boots on. 21
Amplify Broaden Develop
We are responsible stewards of resources entrusted to us.
Thank you to our Donors who gave a gift to a fund or a donation to a Community Foundation program. 2000 Burgers, LLC The Abbi Agency Adams, David M. Adams, Jessica Adams, Rebecca Ahearn, Dan Albright, Deane A. Aldax, Gary Allen, Patrick J. Alonso, Michael and Christine AmazonSmile American Heart Association Anderson, Eric and Lindsey Anderson, Roger “Andy�, Estate Andrini, Renee Anonymous Armstrong, Robert and Sallie Askin, Christopher and Ann Associated Wholesale Grocers, Inc. AT&T Nevada AVA Logistics, LLC Avansino, Melarkey, Knobel, Mulligan & McKenzie Barlow, Charde Barrick Goldstrike Mines, Inc. Bartella, Joshua Bartlett, Kathie Becker, Jane Kimberly Belaustegui, Felvia Bellin, Lynnette Belz, Jeanette Bennett, Ann-Louise Bennett, Marilyn Berge, Christopher K. Bergmann, Roger A. Bernard Family Trust Biehle, Beth Bingham, Dave and Janet Bjur, Richard and Cleve Black, Greg and Carina Blanke, Helen M. Bledsoe, Ching Bledsoe, Sandra Bowker, Elizabeth Boyd, John and Lisa Boys and Girls Club of Truckee Meadows BP Fabric of America Fund Brady, Allen H. Bremer, Marilyn Brett and Karen Coleman Foundation
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Bretzlaff Foundation Brower, Senator, Greg and Loren Brownell, John Brown, Randy J., CPA Bybee, Charlene T. Byrne, Dean Cafferata, Elisa P. Calamusa, Katy Califano, John L. California Sierra Express, Inc. Carano, Mr. and Mrs. Don Carlson, Severin Carpenter, Chase Carr, Katherine Casey, Michael J. and Nancy Cashell, Robert A. and Nancy C.C.M.G., LLC Center for Spiritual Living Chaffin, Kim Chase, Shari Chisel, Robert and Gigi City of Reno Clarke, Sharon A. Cobb, Ryan W. Cobb, William and Cathleen Cole, Tara-Marie College of Southern Nevada Board of Regents Community Multisport Events Confidence Foundation Conner, Jeffery M. Cooke, the Honorable Valerie P. and Jamie Felten Cordes, Gary and Tina Correlli, Josh D. Cronin, Maura Crowley, Joseph Crowley, Margaret Crowley, Stacey Cunningham, Steve and Mary Czarnik, Becky Daly, Richard Dang, Tam Dapra, David, M.D. and Joycette Davison, Brooke Davis, Catherine Day, Phyllis M. Dear, Elizabeth A. Deeds, Brad Delossantos, Erin
Derby, Jill Derevianko, Andrei P. Dermody, Michael Dickson, Rebecca Dougherty, Robert Drake, Ralph and Barbara Drake, Daryl E. Drakulich Realty, Inc. Draper Family Foundation Drendel, Thomas E. Dunbar, Regina L. Duque, Steven J. Duraflex International Corporation Durney, Martha L. E.L. Cord Foundation Edward D. Jones, LP - Maryland Elliott, Mendy Elzy, Pat Empey, Caitrin Etem, Craig Evans, Ann B. Evans, Patricia Evans-Jostmeyer, Rhonda Ferris, Gary A. and JoAllan Fey, Christine A., AICP Fitzgerald, Luke R. Food Bank of Northern Nevada Foster, Heidi A., CFP Frank, Steve and Lillian Fredericksen, Judy Friends of Washoe County Library FTC v. INC21 Galena High School Gallagher, Thomas E. Gannett Foundation Fund at Rochester Area Community Foundation Gaw, Kris Geddes, David L. Gibb, Joan Golden Route Operations Northern Morgan, Don L. and Rita Granata, Gary Grand Canyon University Marketing Department Grand Chapter of Nevada Order of the Eastern Star Graves, Anja Gray, Matthew Greenblat, Dylan Hadley, Marilyn Mahoney, William Hall, Thomas J. and Peggy Hall Family Trust Hallerbach, Jacqualine Halley, Sherry Hansen, Luanne Hartpence, Vic and Leanice Harter, Carol C. Harvey, Alison Hayes, Ben Health Access Washoe County – Outreach Medical Clinic Hendricks, Daylene G. Hernandez, Emily Hicks, Amy
Himmelright, Paul Hinderks, Larry and Stacy Holmes, The Honorable Dorothy N. House, James L. Houston Smith, Lori P. Humphrey, Alan E. Humphreys, Rob and Gail Huntington Learning Center Hutchens Herefords It’s My Community Store, LLC J A Solari & Partners Jamerson 212, LLC James, Susan E. Jessie Beck Elementary School JK Belz & Associates, Inc. Johnson, Shelley Joseph, Azad and Roxie Joseph, James F., CPA Juicy’s Giant Hamburgers Kahl, Janet C. Kanigher, Amy Kapahee, Corey Kaprielian, Barbara D. Karraker, Col (Ret) Perry Kehres, Margaret P. Kendyl Depoali Middle School Kennedy, Brian and Nancy Kern, Diana Khatri, Rahul Kiehn, Beth King, Craig Kinne, Mary Kay Kladney, David Klaich, Robert L. and Laura Kleiner, Edgar F. KLS Planning Knippel, Randolph KNPB – Channel 5 Korean Association of Reno Korean War Veterans Association, Carson City Chapter 305, Inc. Kost, Russel Kwapich, Stephen F. Lakeside Animal Hospital, Ltd Lancing, Judy Lapan, Ariya Lauducci, August Lawson, Ed Lee F. Del Grande Foundation Lee, Dong-Joon (DJ) and Hannah Lee, Devrin Leonette Foundation Leslie, Michael and Tina Lillaney, Jill Lindsay, Gloria M. Lish, George E. Livoti, Tommy Lockyear, Brett Lorton, George E. Lovell, Jim C. Loy, Brian Luce, Brian LUKA NV, Inc. Lumina Foundation Lumos & Associates
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Increase Outspread Grow
We operate with integrity, transparency and credibility. Lurie, Cary Lutheran Church of the Good Shepherd May Arboretum Society Madole, Diane Magee, Max Magrath, William and Judith Maiss, Alan S. Manatt, Phelps & Phillips, LLP Manley, James Margaret E. Oser Foundation Marks, Charles Marlowe, Marjorie B. Marren, James, CFP Mr. and Mrs. Francis J. Marsala Martinez, Jack Martinez-Hoffman, Magda and Alan Hoffman Mayor Martini, Geno and Ruth Martin, Lyle and Sue The Marybeth M. Lamb Foundation, Inc. Mast, Marni Charles N Mathewson 2005 Charitable Lead Annuity Trust Number Five Maupin, Ernest and Catherine McDonald Carano Wilson, LLP McDougald, Kathleen E. McFarren, Sandra McMillen, Donald and Francine McMullen, Joseph R. MCZC, LLC Mensing, Maureen J. Mentzer, Stan and Teresa Meun, Dieter and Hetty Microsoft Matching Gifts Program Miller, Mr. and Ms. William F. Miller, Ross Mills, Thomas A. and Priscilla Monroe-Schuler Foundation Mooney, Patrick M. Morgan Stanley Smith Barney, LLC Morgan, M.D. Jay K. and Sherry Morgan, D. J. Mortara, Pam A. Mt. Rose Development Co. Muckel Anderson CPAs Munns, Wayne R. and Marjorie Murrieta’s Mexican Food & Sports Bar The Nature Conservancy Nebel, Daria Neumann, Renate Nevada Humane Society, Inc. Nevada Land Trust Nevada System of Higher Education – TMCC Nevada Veterinary Medical Association Nichols, Jim and Jane Northern Nevada Muslim Community Center
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Northern Nevada Math Council Note-Able Music Therapy Services Novacek, Stephen V. Muhonen, Gary and Sher NV Energy NV Energy Charitable Foundation The Objective Standard O’Connor, Patrick Oling, Sondra Olson, Ronald L. Oseguera, Miguel A. O’Sullivan, Susan Pagni, Roland Pang, Amy Parish, Craig Parke, Elizabeth A. Parker, Kristie Parker, Pete and Heidi Pass, Brandy Pau-Wa-Lu Middle School Payne, Jesse Peltier, Therese Pelto, Andrea Peppermill Hotel Casino Pereyra, Edwin M. and Judith Pfrommer, Gail and James Pincolini, Richard and Mary Plato’s Closet Pokroy, Michael and Joan Pristow, Judith A. Pryor, Corinne Rafferty, Thomas and Michelle Rahn, Charles Ramsey, William Ratti, Julia and James Cavanaugh Raulinaitis, Shirley Razoo Foundation Rearden, Pamela B. Reban, Alicia and John Sherman Reno Air Racing Foundation Reno Central Rotary Club Foundation Reno Chamber Orchestra Reno Firefighters Assn Local #731 IAFF Reno High School Reno Pops Orchestra Reno Rendering Company Reno-Tahoe Young Professionals Network Renown Health R H Parker/United Foundation Richards, Jennifer Ringer Dawson, Marie Rinker, Stuart B. and Toni Rivera, Reena Robert R. Banks Foundation Robison, Kent R. Robison, Konner Rodriguez M.D., Gerardo and Elizabeth Rodriguez, Nancy Roe, Barry
DONORS Rogers, Amy Rogers, Beverly Rose, William Rude-Willson, Janice and Prentiss Willson Sarah Winnemucca Elementary School Sass, Jillian Satre, Phil and Jennifer Satterwhite, Kelli S. Scheetz, Eric Scheibner, Scott A. and Laurie Schieve, Hillary Schneck, Gary Schultz, Vicki P. MBA, CFP Schwab Charitable Fund Scott, Richard N. and Sharon Seaver, Bruce A. Selby, Lauren Sertic, Jewel Seven Seas Restaurant Group, Inc. Seymour, Kerry Shadek, Deborah Wetzel Sharp, F. DeArmond and Joyce Shelton, May Sagawa Sheridan, Richard J. Shipman, Bruce and Nancy Sierra Arts Foundation Sierra Nevada Media Group Simms, Pat Sjoberg, Ginny SKNV, LLC Smith, Debbie Smith, Ron M.D. and Linda Smith, Ron Smith, Shawn S. Smith, Steven Smith Sr., Wayne B. and Jane Snitselaar, Barbara Snyder, Patti SolarReserve Sons of Italy Sorenson, Susan Spanish Springs High School Sparks Christian Fellowship Sparks Legends Development, Inc. Spatz, Lisa Sperber, Arthur J. SpineNevada, Ltd. Springmeyer, Geneva, the Estate of Sprinkle, Mike State of Nevada Stave, Richard T. Stevenson, Kendra Stewart, Lachlan and Margaret Struve, Larry D. System Consultants, Inc., (SCI) Tarble, Earl Tholl, Terry Thomas, Gay D. Thomas, Michael Thomas P. and Thelma B. Hart Foundation Thornton, Bernice Thrivent Financial for Lutherans Timmons, Sara
Tirre, Amy N. Tonopah Library District Town of Tonopah Townsend, Senator Randolf J. Traner Middle School Trinchero, Lilli Truckee Meadows Community College Foundation Truckee Meadows Water Authority Tucker, Christine L. Turner, Josephine Turner, Jeff and Tracy P., PhD Turville, Lash F. and Gigi Dermody Tustin Educators Association Tschanz, Melissa United Way of Northern Nevada and the Sierras University of Nevada, Reno - Nevada System of Higher Education US Granite Nevada USO of Metropolitan Washington Valenzuela, Reginald Valley of the Sun United Way Valmonte, Father Art Van Dorn, Janet Virginia M. Mansfield Trust Wagner, Alyssa Wait, Scott T., CPA Walker, Charles E. Walker, Thomas J. Walker, Jill Warren, Edwin S. Washoe County School Police Officers Association Washoe Education Association Watson VI, James S. Watts, Debra Wayne, Carl Webster, James G. III and Karlene Webster, Ranson and Norma Weinberg, Barbara B. Weiss, Alan M. and Sharon Weitz, Kathleen S. Wells Fargo Bank N.A. of Nevada Welmerink Orthodontics, PLLC Wendt, Shelley Western Nevada Supply Whipp, Roberta Wilbanks, Sam and Kim Wilson, Tim Wilson, Mary Anne Winnemucca Publishing Wirtz Beverage Nevada Reno, Inc. With My Own Two Hands Wong, Conrad Yamada, Howard and Nette York, Marilyn D. Young, Alvin W. Zadra, Sharon Zarubi, Dennis R. and Jocelyn Zen G Investments, LLC Zideck, Ronald R. Zola, Sarah Zunino, Madeline
25
Listening to
Asking You to Speak Up
Photo Courtesy of Debbie McCarthy 24
our Community
Resident Engagement The Community Foundation initiative, You’N-I (Youth Network Initiative), is bringing people together under a common goal to improve the situation for struggling, homeless, aging-out of foster care, runaway and unattached youth in northern Nevada. 27
We are an engaged community leader and ally. Expanded Mission The Foundation’s early work in the Community was developed within the Foundation as part of our mission to strengthen the community.
These activities included: Stop Bullying in Schools High School Giving Circle Partnership Grant Program 100% Giving Board Awards Nonprofit Connections Website Guide Family Financial and Estate Planning Series All of the work in the successful activities listed above continues with pride. You can read more about the individual activity on our website, nevadafund.org. In 2013 the Foundation realized it was time to expand its mission, vision, and engagement. Resilient communities are best built by working in partnership with people and groups from all parts of the population to identify and address issues that are important to them. The Community Foundation views resident engagement as the critical component of our community leadership approach. Key to this approach is shifting the question from, “What did we accomplish?” to “How do we work with others in the community as part of the community to achieve our goals?” A
2014 Initiatives Reflect the Foundation’s Vision Shift You’N-I (Youth Network Initiative) involved more than 600 people, including 90 youth as key stakeholders. Evaluating Impact brings together nonprofit leaders from throughout the sector to learn together about evidencebased practices and evaluation. Impact Investing with a portion of Community Foundation charitable assets will begin in 2015 to bring economic and social benefit to our region.
We seek to develop and influence philanthropic leaders. Broadened Perspectives The Foundation Board Leadership has dedicated itself to growing more diverse — in skills, careers, experience, age range, ethnically and geographically. It enthusiastically embraces the new expanded vision of the Foundation. Since July 2013 the Foundation Board has grown by 13 new members. These members tell the Foundation’s story to a broader audience. They guide us in our widening scope of work. The Community Foundation Board continues to change to better serve and engage all residents within our region. Broadened perspectives, more heads and hands to help, and more people acting as Foundation ambassadors and guides are critical as the Foundation evolves from a “charitable bank” to a fully mature community foundation. B
Board of Thomas J. Hall
Chair
Sallie B. Armstrong Trustee
Investment Committee Chair
Butch Anderson
Vice Chair
Gail Humphreys Trustee Finance Committee
Jim Pfrommer
Treasurer
Janice Rude-Willson Trustee Program Committee
Matthew Gray
Secretary
Norma Webster Trustee
Past Chair Nominating and Finance Committees
Trustees Rebecca Dickson Trustee
Barbara Drake Trustee
Ray Gonzales Trustee
Nominating Committee Chair
Program Committee Chair You’N-I Steering Committee
Investment and Impact Investing Committees
Nora James Trustee
Diana Kern Trustee
Cary Lurie Trustee
Marketing Committee
Program and Fund Development Committees
Program Committee
Linda Smith Trustee
John Solari Trustee
Lilli Trinchero Trustee
Immediate Past Chair Marketing Committee Chair Nominating and Fund Development Committees
Audit, Finance and Impact Investing Committees
Program and You’N-I Steering Committees
Emeritus Board Robert Armstrong
Mendy Elliott
John Mulligan
Richard Barnard
Nancy Fennell
David Turner
Fred Boyd
Mark Knobel
Ronald Zurek
Kathie Dees
Advisory Kathie Bartlett
Kim Becker
Program Committee
Program Committee
Oscar Delgado
Devere Dressler
Marketing Committee
Steve Frank
Program Committee
Investment Committee
Audit, Finance and Impact Investing Committees
Fund Development Committee
Craig King
Dong-Joon (DJ) Lee
Alicia Reban
Beatriz Robinson
Nancy Rodriguez
Program Committee
DRED PE UN R H 01 3
2
VI
N
Marketing Committee
We gratefully Foundation generous commitment
D
GI
Sig Wawdo
Program Committee
NT CE
ONE
Program and Impact Investing Committees
Investment Committee
G
AR
Brian Kennedy
Carina Black
Program Committee
B OA R D AW
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Board Greg Brower Audit Committee
David Geddes
Investment Committee
Lance McKenzie Fund Development Committee
Jennifer Satre Past Board Chair
Steven Brown
Steve Carrick
Investment Committee
Finance Committee
Maury Heslop
Caesar Ibarra
Teresa Mentzer
Susanne Pennington
Beth Schuler
Reggie Valenzuela
Finance Committee
Marketing Committee
Marketing and You’N-I Steering Committees
recognize the Community Board members for their personal financial to our mission.
Finance Committee
Program Committee
Program Committee
Jim Webster
Past Chair Fund Development Committee
You Impact Today, Tomorrow
Create Real Results Mentorship works. It’s a proven method for improving lives. The Community Foundation program staff will help you find programs with solid track records that will make your philanthropy do more, go farther, and have a deeper impact. What are you passionate about? We will help you make the most of your giving. And like Big Brothers Big Sisters of Northern Nevada, this guidance might be the start of something big. Photo Courtesy of Big Brothers Big Sisters Northern Nevada 26
Someone’s Life and Forever
35 27
Bolster Spread Unfold
We are a results-oriented organization, committed to excellence.
The Eddy House is a non-profit organization that provides supportive residential housing to young adult males who have aged out of the foster care system. When a resident “graduates” from the house, the Eddy House goal is that he will have an educational degree or trade certificate, bank account, life skills, job resume and job skills.
Organizations that Received Grants AdvoCATS, Inc. Air Force Museum Foundation, Inc. Airborne and Special Operations Museum Alexandria House Alexandria Township Historical Society Animal Ark Assembly of Turkish American Associations Assistance League of Reno-Sparks Autism Speaks Big Brothers Big Sisters of Honolulu Big Brothers Big Sisters of Northern Nevada Bishop Manogue High School Black Rock Solar Boy Scouts of America Orange County Council, Inc. Brandon Sports and Aquatic Center BuildOn Cafe DeLuxe, LLC Carondelet Foundation Carson Valley Children’s Center (dba Austin’s House)
28
Carson Valley Trails Association Casa de Vida Catholic Charities of Northern Nevada Cazenovia College Challenger Learning Center of Northern Nevada Circle The City Cistercians of the Strict Observance in Massachusetts, Inc. Committee to Aid Abused Women (CAAW) Communities In Schools of Northeastern Nevada Community Chest, Inc. Community Foundation of the Lowcountry, Inc. Corbett Elementary School Crisis Call Center Diocese of Reno Disability Rights Advocates for Technology E.L. Cord Foundation Child Care Center Earthjustice
GRANTEES
Volunteers help unload a Christmas tree for recycling. Trees were recycled into mulch to be used in area parks. In 2014, Keep Truckee Meadows Beautiful celebrates 25 years of stewardship in Northern Nevada. KTMB provides an alternative to litter and illegal dumping through education and cleanup projects in the Truckee Meadows. Eddy House El Centrito Family Learning Center Elev8U Entrepreneurship Nevada ESL In-Home Program of Northern Nevada Family Promise of Beaufort County Feed the Children, Inc. Feeding Pets of the Homeless Fisher House Foundation, Inc. FISH-Friends in Service Helping Florence Drake Elementary School Fraternity of the Desert Bighorn Fritsch Elementary School Great Reno Balloon Race Greater New York Councils Boy Scouts of America Halo for Freedom Warrior Foundation HDI, Inc. Heifer Project International Hose Company Number One Borough of Little Ferry, NJ Housing Authority of the City of Reno I Can Do Anything Charter High School Immunize Nevada
Independent Institute, Inc. Injured Marine Semper Fi Fund International Myeloma Foundation International Society for Individual Liberty Inc. Jefferson Avenue Baptist Church Joshua L. Anderson Memorial Scholarship Foundation Keep Truckee Meadows Beautiful Kenyon College Kiddie Hawk Air Academy Kids, Inc. La Caridad, A Valmonte Foundation Lakeland Grace Academy Leukemia & Lymphoma Society Lexington Institute Life Quest Transitions Lucile Packard Foundation for Children’s Health Lutheran Church of the Good Shepherd Lutheran Social Services Lyon County School District Mar Vista Elementary School Mercy Education Project Mercy High School
29
Swell Enlarge Heighten
Reno Little Theater provides a setting for people of all backgrounds to learn about live theater. Over the years, Reno Little Theater has offered adult and grammar school drama classes, play-writing competitions, a children’s theater, and over 470 on-stage plays. Reno Little Theater has also taken its productions from the main stage to Reno parks and to other Nevada communities. The theater offers a variety of plays each season, including musicals, comedy, mystery, suspense and drama.
Monterey Bay Aquarium NARCONON of Oklahoma, Inc. National Judicial College National Multiple Sclerosis Society Southern California and Nevada Chapter National Trust for the Humanities National Wildlife Federation Nevada Bighorns Unlimited Reno Chapter Nevada Diabetes Association Nevada Health Centers, Inc. Nevada Veterinarian Medical Assoc. Scholarship Nevada Women’s Fund North Carolina State University Foundation, Inc. North Central Nevada Historical Society Northern Nevada Chapter, American Red Cross Northern Nevada Children’s Cancer Foundation Northern Nevada International Center Northern Nevada Literacy Council Northern Nevada Muslim Community Center
30
People First Foundation Planned Parenthood Mar Monte Pleasant Valley Elementary School Procter R. Hug High School Re/Max Premier Properties Red Hook Initiative, Inc. Reed High School Reel Recovery Reno Little Theater Reno Rodeo Foundation Renown Health Foundation Ronald McDonald House Charities, Northern Nevada Ronald McDonald House of San Francisco Rosies Place, Inc. Rotary Club of Sparks Rush University Medical Center Safe Haven Rescue Zoo Saint Gregory the Great Catholic Church Saint Mary’s College of California Saint Robert Catholic School Salvation Army - Reno NV Save A Connie, Inc. Sertoma International Sponsorship Fund
GRANTEES
Reno Aces Mascot, Archie, visits kids living at the Volunteers of America Reno Family Shelter. In the Greater Reno area, VOA operates three shelter programs and an affordable-living apartment complex for seniors, as well as a seasonal emergency winter shelter. The 108-bed Family Shelter is one of three VOA-operated shelters at the City of Reno’s Community Assistance Center in downtown Reno. The Family Shelter is comprised of 21 units for adults and children. More than 450 men, women and children in the Greater Reno area currently sleep under a roof provided by Volunteers of America. Sierra Arts Foundation Sierra Association of Foster Families Sisters of Saint Joseph of Carondelet Sons of Italy Soroptimist International of the Americas South Reno United Methodist Church Sparks High School State of Nevada - Office of Treasurer Step 2 Tahoe-Pyramid Bikeway Taylor Elementary School Thunderbird Lodge Preservation Society Tragedy Assistance Program for Survivors Tree House Humane Society Trinity Cathedral Truckee Meadows Community College Foundation U.C. Davis Foundation University of Colorado Foundation University of Nevada, Reno USA Diving, Inc. USAFSS ESC Association Memorial Fund
Volunteers of America Washoe County Department of Juvenile Services Washoe County Honorary Deputy Sheriff’s Association Washoe County School District Washoe County Search & Rescue, Inc. Washoe County Second Judicial Court-Family Division Western Nevada College Foundation Wildlife Conservation Society Women and Children’s Center of the Sierra Wooster High School World Wildlife Fund, Inc. Wounded EOD Warrior Foundation Young at Heart Senior Citizens Club Grants to individuals are made from the Family Court Judicial Benevolent Fund for Children and the Homeless to Homes Fund. The privacy of these individuals is respected.
31
Innovative Create New Funding Streams
Photo Courtesy of Nevada Department of Wildlife
40 32
Partnerships
Nearly $1 Million to Help Nevada’s Wildlife Nevada Dream Tags Fund receives its money through a special hunting tag raffle each year in July. The proceeds from this raffle are used to help rehabilitate wildlife habitat burned by wildfire and protect vulnerable wildlife through water projects. The Community Foundation manages the Fund and accepts grant applications yearround from nonprofit, educational, and governmental organizations.
Details at www.nvdreamtag.org 41 33
Widen Multiply Unfurl
We are committed to valuable service to our community.
34
Funds of the
Community Foundation These funds, established by the Community Foundation Board, support Foundation programs and initiatives. COMMUNITY ENDOWMENT
Supports the Foundation’s mission to meet the various needs of people in northern Nevada. See pages 16-17 for details.
COMMUNITY FOUNDATION OPERATING FUND
Supports all core expenses including the initiatives. To support You’N-I, please give to the operating fund.
COMMUNITY PARTNERSHIP GRANTMAKING FUND
Supports the Foundation’s annual competitive grant program. Grants are given to a wide variety of charitable organizations doing vital and often unrecognized work.
HIGH SCHOOL GIVING CIRCLE FUND
Supports the Foundation’s High School Giving Circle grants.
BE INSTRUMENTAL ARTS ENDOWMENT
Provides a permanent source of revenue for operating support, capital improvements, creation of new works and continued access to the arts by all residents and visitors.
YOUTH ENDOWMENT
Supports our region’s youth. Grants are made at the recommendation of the Board of Trustees.
Gifts in any amount to these Foundation funds are used to strengthen our community and are always appreciated.
FUNDS Donor Advised Funds
Funds established by individuals, families, and organizations offer flexibility, tax benefits and convenience. Donor Advisors decide where and when to recommend grants. Family may name grandchildren as successor advisors. Minimum gift to establish a fund is $10,000. Robert and Sallie Armstrong Charitable Fund
NEWT Christian Fund
Chris and Ann Askin Charitable Fund
Obscure Destinies Charitable Fund*
Jack and Jane Becker Charitable Foundation
Ozmen Foundation
Bergmann Family Fund Berry Family Charitable Fund Charles E. Bertolina Charitable Trust Bingham Charitable Fund Don and Rhonda Carano Charitable Fund*
Nichols Family Charitable Fund
Edwin and Judith Pereyra Charitable Foundation* Douglas and Cynthia Petersen Charitable Fund Steve and Stephanie Petersen Charitable Fund Pokroy Family Reno Fund*
Charney 1996 Trust Charitable Fund
Roger B. Primm Family Charitable Fund
Shari Chase Fund*
Professoressa Charitable Fund
Coast to Coast Foundation
Senator William J. Raggio Charitable Fund
Crone’s Coin Charitable Fund Dees Family Charitable Fund Shayne Del Cohen Charitable Fund Denzler Family Charitable Fund EWB Fund Family Court Judicial Benevolent Fund Fredricksen Green Foundation Freedom Charitable Fund Mark and Clemencia Glenn Foundation Great Basin Exploration Center K&K Grimm Family Fund
Rebecca’s Fund Reno Central Rotary Club Foundation City of Reno, Charitable Foundation RGJ/YPN Twenty Under 40 Initiative Fund* Satre Family Fund BJ and NL Shipman Family Foundation Ron and Linda Smith Donor Advised Fund Michael and Karren Smith Family Fund
Hall-Prescott Family Fund
Cristoforo Colombo Lodge 1534 Reno Sons of Italy Organizational Fund
Hinderks Family Foundation
Sullivan and Taylor Charitable Fund
Bruce and Nora James Family Fund
Sullivan and Taylor Family Foundation
Kassity Family School Fund
Tappan Family Memorial Fund
Brian and Nancy Kennedy Foundation
Lilli Trinchero Celebrate Diversity Fund
Jerry Krulevitch Charitable Fund*
Lilli Trinchero Charitable Fund
Jack and Shanaz Langson Fund
Truckee River Fund
Laurenson Family Fund Terri & Gray Levy Charitable Fund
Lash F. & Gigi Dermody Turville Foundation
Tommy and Bennie Livoti Wellness Charitable Fund
Bart Webster Charitable Fund Jim and Karlene Webster Family Fund
Lurieland Foundation
Ranson and Norma Webster Foundation
Lutheran Church of the Good Shepherd Capital Campaign Fund
Western Nevada Supply Charitable Fund*
Lutheran Church of the Good Shepherd Non Agency Fund
Geoff and Sally White Charitable Fund
Robert and Gloria McDonald Family Fund
Zonta Club of Greater Reno Fund
Mortensen Nevada Historical Trust Fund Muhonen Charitable Fund
Emily Jane Wilbanks Memorial Fund Zurek Family Charitable Fund
Nevada Discovery Museum Fund Friends of Nevada Wilderness Endowment
*New Fund
35
Flourish
We foster innovation, collaboration and imagination. Designated Funds
These funds, which may be set up by individuals or organizations, support a specific nonprofit organization or mission.
360 Blueprint Fund* Dr. Robin S. Ballantyne Trustee Fund Jack Montrose Bobbitt Endowment for Children
Funds that are endowed last forever. Endowment funds may be established by organizations for their own behalf or by families to support an area of interest or favorite charity or as a memorial to a loved one.
Dora De Anderson Endowment
Frank Bender Charitable Endowment
Dixie Bradshaw’s Principal Fund
Care Chest Endowment
Community Aquatics Fund Dream Tags Charitable Fund
The Community Nutrition Education Endowment
Chantal Claire Hager Charitable Foundation
Evangeline Grant Memorial Music Endowment
Kenny Guinn Center for Policy Priorities Fund
Fourth Ward School Endowment Robert E. Kendall Fourth Ward School Endowment
Immunize Nevada Fund*
Great Basin Outdoor School Endowment
It’s Your Money / Legacy Fund
Bruce R. James Foundation Endowment
Gene and Betty Kopfhammer Fund*
Keep Truckee Meadows Beautiful Endowment
Open Stretch
Homeless to Homes
La Caridad, A Valmonte Foundation, Inc. Fund
KNPB Endowment*
Last Chance Joe Fund*
Krulevitch Family Endowment*
Lutheran Church of the Good Shepherd Charitable Gift Annuity Fund
Mansfield Endowment for the Benefit of the Nevada Humane Society
Mary’s Foundation for Caring*
May Arboretum Endowment*
Mustang Heritage Foundation Fund
Marilyn R. Melton Endowment for the Humanities
Maison Ortiz Fund Maison T. Ortiz Memorial Fund Renown Health Philippine Aid Fund City of Reno, Foundation Fund Plumas Park Playground Fund Reno Police Foundation - Hashimoto Widows and Orphans Fund Reno Philharmonic Fund Reno Rebuild Project Fund Raymond C. Rude Designated Fund to Benefit the US Diving Foundation
Eugene Mortara Memorial Endowment Nevada Land Trust Endowment Note-Able Music Therapy Services Endowment* Margaret E. Oser Endowment for Women Reno Chamber Orchestra Endowment Reno Family Shelter Endowment Reno Little Theater Endowment Reno Philharmonic Endowment
Robby Schlesinger Foundation Fund*
Restart Endowment
Scholastic Gateway Charitable Fund
SAFE Endowment
Senior Alliance for Support Services Fund*
Sage Ridge School Endowment
David Shaw-Kennedy, III Fund* Sierra Nevada Water Polo, Inc. Fund* Tonopah Community Fund Tonopah Historic Mining Park Fund Tonopah Library Fund David Wallace Legacy Fund Susanne & Gloria Young Foundation
36
Endowments
Officer Mike Scofield Memorial Endowment Springmeyer Charitable Endowment Foundation Lilli Trinchero Celebrate Diversity Endowment Trinity Episcopal Church Endowment Veterans Guest House Endowment The Washoe ARC Endowment
FUNDS Jim and Karlene Webster Family Endowment
Tommy and Bennie Livoti Saint Teresa of Avila Endowed Scholarship
Zonta Club of Greater Reno Endowment
Dieter and Hedwig Meun Endowed Scholarship
Girl Scouts of the Sierra Nevada Agency Endowed Fund Kidview, Inc. Foundation Agency Lassen Land and Trails Trust Endowment Lutheran Church of the Good Shepherd Endowed Agency Fund Nevada Humane Society Endowed Agency Fund Nevada Humanities Committee Agency Endowment Nevada Military Support Alliance Fund Nevada Museum of Art Agency Fund RenoCares Fund* Ronald McDonald House Charities, Northern Nevada Trinity Episcopal Church Endowed Agency Fund United Way of N Nevada and the Sierra Endowment
General Fred Michel Careers in Aviation Scholarship Nevada Veterinary Medical Association Scholarship Northern Nevada Youth Scholarship NV Energy Powerful Partnerships Scholarship Diane Olds Memorial Education Scholarship Read With Me Scholarship Endowment Reno Central Rotary Scholarship Reno Pops Orchestra Scholarship Endowment Philip & Jennifer Satre Harrah’s Employee Scholarship Officer Mike Scofield Memorial Scholarship Endowment Serendipity Scholarship*
United Way of N Nevada and the Sierra Donor Designated Agency Endowment
Ron & Linda Smith Family Scholarship*
Friends of Washoe County Library Second Century Endowment
Eugene F. and Nadine G. Stegelmeyer Endowed Scholarship
Nicole Snyder Memorial Scholarship Soroptimist IGU-Nepal Scholarship
John R. Stockman Scholarship
Scholarships
A personal way to change the future. Scholarships are permanent, endowed funds for financial aid. You may choose to fund a particular school or course of study. Minimum amount to establish a scholarship fund is $50,000.
Alan G. Bain Initiative in Science or Math Endowment
Matt Bartlett Memorial Foundation
Tonopah Community Endowment Emily Jane Wilbanks Memorial Scholarship Claudine Williams Harrah’s Las Vegas Employee Scholarship Zonta Club of Greater Reno Scholarship
Supporting Organizations
Raymond C. Rude Supporting Foundation Fund
Trust Funds
Gwenevere F. Leonard Charitable Remainder Uni-Trust
Jack and Jane Becker Medical School Scholarship Orville Belding Memorial Scholarship Endowment Peggy Bowker Memorial Scholarship for Women in Engineering Kendyl Ruth Williams Depoali Memorial Scholarship Ezzysgift Fund* Hispanic Heritage Day Nursing Scholarship Clarence “CJ” Jones Memorial Scholarship William and Martha Karraker Scholarship Endowment Kennedy Foundation Scholarship
Charitable Gift Annuities Your Community Foundation administers seven gift annuities that will benefit children in Carson City, the Reno Philharmonic, and the Lutheran Church of the Good Shepherd. A Charitable Gift Annuity can be established with a gift of $10,000. You can receive annual income and the remainder will benefit a permanent fund at the Community Foundation.
*New Fund
37
Discover
“When you give cheerfully and accept gratefully everyone is blessed.”
– Maya Angelou
You are Part of the Equation When you create a scholarship, you open an opportunity that may change the very course of a person’s life. It is an optimistic act of faith for the future; at the Community Foundation of Western Nevada, you are part of the joy.
Mature
Build
The Foundation scholarship staff works with you to find the right candidates for your selection committee to consider. You are encouraged to sit on the committee or appoint a representative. When all of the scholarship recipients are chosen, we wrap up the season with a party! Meet and get to know “your” student or students. Talk with their families. Wish them well. Talk with them about why you set up the scholarship and what your hopes for them include. This is a profoundly moving, important and fun celebration — for the students, for their proud families, and for you. Here are a few photos of the day.
Tears welled as re-entry students Carol Bishop and Cassandra Starr accepted their scholarship to Nursing School from the Smith Family Scholarship. Tracy Turner and Dani Lutzow introduced and congratulated each recipient as they rose to accept their recognition.
38
SCHOLARSHIPS
Kim Becker, center, is surrounded by students she is helping to send to UNR Medical School. Kim’s Father, Jack Becker, was a local physician. The Jack and Jane Becker scholarship is named in memory of her parents. Maria Jimena Campos Rivas, age 3, delighted everybody with her smile and wave when she was recognized for earning the Read With Me preschool scholarship.
General Fred Michel Careers in Aviation Scholarship recipients include (left to right) a licensed pilot, a future test pilot, an aerial cinematographer, and a Navy officer future Blue Angels pilot.
39
Scholarship Funds Eugene F. and Nadine G. Stegelmeyer Scholarship
Jennifer Burns
Jordan Kiserow
Thrive Create Progress
Alan G. Bain Initiative in Science or Math Scholarship
Andrea Holmen
Clarence (CJ) Jones Memorial Scholarship
Joseph Rosal
Gabrielle Abacan
Claudine Williams Harrah’s Las Vegas Employee Scholarship
40
Danielle Park
General Fred Michel Careers in Aviation Scholarship Nicholas Audenried
Sharnay Galvan
Nancianne Downing
Tiffany Golightly
Ariana Henry
Courtney Hagen
Jacob Lewis
Miriam Lee
Hughston Norton
Morgan Matley
Bjorn Vasenden
Khoa Nguyen
Klarisse Policarpio
Jack and Jane Becker Memorial Medical School Scholarship
Ashley Shipman
Rama Krishnan Raja
Jessica Stevens
Mark Taylor
Andrew Tran
Erika Vicente
Nam Nguyen Crystalene Pineda
Olivia Tsang Rachel Wolf-Schneider
John R. Stockman Scholarship
Candy Zeng
Trever Cullen
Diane Olds Memorial Education Scholarship
Kendyl Ruth Williams Depoali Memorial Scholarship
Sabrena Harris
Amanda Stark
Emily Jane Wilbanks Memorial Scholarship
Kennedy Foundation Scholarship
Danica Gressel
Anna Ressel
Callie Harvey
Antonio Solorio
Elizabeth Lizarde
Kerrie Tonking
Nadyne Burra
Michaela Wright
Matt Bartlett Memorial Foundation Scholarship Christiana Karcher
Nicole Snyder Memorial Scholarship
Orville Belding Memorial Scholarship
Joshua Cassity
Alec Brennan
Erica Chappell Taylen Lopez-Simms
Peggy Bowker Women in Engineering
Kelly Sonnemann
Brittany Blair
Camry Varble
Alec Brennan
Kellie Hergenrader
Jennifer Guzman
Northern Nevada Youth Scholarship
Andrea Saavedra
Danica Corkern
Carly Samuels
Emily Irvine
Anthony Gomez Sarah Nelson Nayely Rincon Mark Waite
Phil and Jennifer Satre Harrah’s Employee Scholarship Christiana Cabrera Daniel Crosby
NV Energy Powerful Partnerships Scholarship
Matthew Dixon
Sabrina Burns
Erica Short
Sierra Butler
Cassandra Wilson
William Hagel
Jesus Manuel Cardiel Robert Dalpe Amaya Davis
Reno Pops Orchestra Scholarship
Nathan Eldodt
Madalyn Tsugawa
Erik Endacott Christopher Griffin Christin Harp Taylor Ingersoll
Read with Me Scholarship Anna Fargo Maria Jimena Campos Rivas
Tori Jimenez Garrett Kalt John Mendelsohn Kathryn Moore Jonas Norman Hannah Perazzo Sierra Powell Daniel Torres Ramirez Blanca Rocha Becerra Joseph Rosal Victoria Ward
Reno Central Rotary Scholarship Rosy Chavez-Najera Sabrena Harris Melia Lockwood
Bill Winks Reno Central Rotary Scholarship Gabrielle Abacan
Omar Ziadeh
41
Maria Manbo-Palmeno
Carol Bishop
Kaytlyn Martin
Cassandra Starr
Sonia Meza
Expand Evolve Advance
Ron & Linda Smith Family Scholarship
Jaime Leimer
Jodi Molaris
Zonta Re-Entry Women Scholarship
Kassandra Patterson
Sharon Epps
Astrid Perez
Cassandra Starr
Alan Rios
Courtney Pearson
Jose Rodarte
Serendipity Scholarship Fund
Marcelo Rodriguez
Shaneli Agustin
Janet Roman
Jennifer Bautista
Jhamela Roscom
Judit Carbajal
Andrew John Shugar
Andrea Carbajal Infante
Lucia Soto-Lopez
Jackeline Castaneda
Marissa Torres
Rafael Cerillo
Brenda Valladeva
Laura Collazo Garcia
Jasmine Valles
Iyana Esters
Oscar Venegas
Erika Gallaway
Elizabeth Win-Hoite
Jessie Gray
Vicente Wowie Gapuz
Chelsea Hines
Scholarship Opens the Door
Tracy Turner, Antonio Solorio and Dani Lutzow celebrate Antonio’s Kennedy Foundation scholarship at the 2014 Ice Cream Social.
42
SCHOLARSHIPS “Congratulations! I am delighted to offer you admission to the University of California, Berkeley.” My eyes began to tear up, I couldn’t believe it. A kid that grew up in a low-income home had just been accepted into one of the best schools in the world! Then suddenly reality kicked in; how was I going to afford it? The school of my dreams appeared to be just that, a dream. Both my parents are first-generation immigrants, who came to the United States in order to give my twin brother and me a better chance at life. Just like many first generation immigrants, they worked minimum-wage jobs, often working two jobs in order to help pay the bills. My parents achieved their version of the “American Dream” when they bought their first house in 2005; however, the economic bubble burst and the recession that followed left both my parents unemployed and our house was foreclosed on. We were left homeless. After my dad lost his job, he looked for another way to bring in money to the family. He decided to open up a little stall at the local swap meet during the weekends. It’s the reason I have been waking up earlier on the weekends for the past eight years. At first it didn’t make much, but over the course of the years my family was capable of saving enough money to buy a small convenience store on Wells Avenue in Reno. The store brings in a bit of money to the family, but my parents still haven’t fully paid it off yet. Throughout my junior and senior year, it was difficult balancing my schoolwork and helping out at the store. I was almost putting in full time work hours at the store. Often I would find myself solving complex calculus equations between ringing up customers on the cash register. The scholarship makes Berkeley a possible choice for me. Thanks to my family’s determination and generous scholarships, like the Kennedy Foundation Scholarship, I will attend Berkeley. The path before me is no longer a dream. It is my American life.
— Antonio Solorio 43
Professional Advisor Council
Thank you You are creating a culture of philanthropy in northern Nevada. Thank you for speaking openly with your clients. It is clear from the growth of our new funds and the expansion of the Legacy Society, you are discussing charitable giving with your clients and bringing up the sometimes difficult but fulfilling subject of creating a personal legacy. Thank you for your referrals. We are proud to be your partner in philanthropy. Soraya Aguirre Holland and Hart
Elaine Alexander
Certified Public Accountant
Butch Anderson
Muckel Anderson CPAs
Thomas Barcia Edward Jones
Linda Bowman
Linda Bowman Law Offices
John Boyd
Edward Jones
Bruce Brugler
Presidio Wealth Management
Rebecca Dickson Dickson Realty
John Dooley Edward Jones
Gerald Dorn
Anderson & Dorn LTD.
Julia Gold, Attorney Thomas J. Hall, Attorney James Marren Raymond James
Ernest Maupin
Maupin, Cox & Legoy
Lance McKenzie Avansino, Melarkey, Knobel & Mulligan
44
Gordon Muir
Hawkins, Folsom & Muir
John Mulligan
Avansino, Melarkey, Knobel & Mulligan
Enid Oliver
Ameriprise Financial Services
Pete Parker NPCatalyst
Edwin Pereyra, CPA Jim Pfrommer
Pfrommer McCune, Ltd.
Todd Plimpton
Belanger & Plimpton, Lovelock, NV
Tim Riley Attorney
Don Ross
Woodburn & Wedge
Jennifer Rust Edward Jones
DeArmond F. Sharp Robison, Belaustegui, Sharp & Low
Vicki P. Schultz, MBA CFP Schultz Financial Group
David Turner, CPA Turner, Loy & Co. Richard Wait, CPA RS Wait, Chtd.
Business Relationships
Legal Counsel
Audit Firm
Avansino, Melarkey, Knobel & Mulligan McDonald, Carano, Wilson, LLP
Kohn & Company, LLP
Banking and Investment Advisors Bernstein Global Wealth Management 1999 Avenue of the Starts, Suite 2150 Los Angeles, CA 90067 Contact: Bill Hair 310-286-6062
Morgan Stanley Smith Barney 5390 Kietzke Lane, Suite 200 Reno, NV 89511 Contact: Tom Seeliger 775-823-8632
Charles Schwab & Co. Inc. 6502 South McCarran Blvd., Suite E Reno, NV 89509 Contact: Gary Cronk 775-689-4204
Presidio Capital Advisors, LLC 101 California Street, Suite 1200 San Francisco, CA 94111 Contact: Bruce Brugler 415-449-1000
Edward Jones 4795 Caughlin Parkway, Suite 210 Reno, NV 89509 Contact: John E. Boyd 775-329-4646
TIFF The Investment Fund for Foundations 170 N. Radnor Chester Rd., Ste 300 Radnor, PA 19087 610-684-8200
Fortney Investment Advisors 229 Saint Lawrence Avenue Reno, NV 89509 Contact: Ken Fortney 775-786-5045 Merrill Lynch & Co. Foundation, Inc. 101 California Street, Suite 2100 San Francisco, CA 94111 Contact: William D. Hobi 888-750-1338
Wells Fargo & Company 5340 Kietzke Lane, Suite 200 Reno, NV 89511 Contact: Cindy Buchanan 775-689-6312 Copies of the Audited Financial Statements, Articles of Incorporation, By-laws, IRS form 990 or IRS form 1023 are available by request.
Staff Christopher Askin, CSPG, CFRE, President and CEO Lyndsey Crossley, Executive Assistant Dani Lutzow, Program Officer Maureen Mensing, Accounting Associate Margaret Stewart, Communications Director Melissa A. Tschanz, CPA, Controller Tracy Peterson Turner, PhD, Chief Philanthropy Officer
Writer/editor, Photography: Margaret Stewart
caskin@nevadafund.org lcrossley@nevadafund.org dlutzow@nevadafund.org mmensing@nevadafund.org mstewart@nevadafund.org mtschanz@nevadafund.org tturner@nevadafund.org
Credits
Design: Julie Melton, The Right Type Graphics
Printed by: A Carlisle and Company
Photography courtesy of: Cover Reno Cityscape: Lee Molof Photography Pages 24-25: Debbie McCarthy Pages 26-27: Big Brothers Big Sisters Northern Nevada Pages 16-17: Jon Harrison Pages 32-33: Nevada Department of Wildlife
Community Foundation of Western Nevada 1885 South Arlington Ave., Suite 103, Reno, NV 89509
775-333-5499
fax: 775-333-5487 email: info@nevadafund.org EIN #88-0370179
nevadafund.org 45
Financial Statements COMMUNITY FOUNDATION OF WESTERN NEVADA, INCORPORATED AND SUBSIDIARIES Consolidated Statements of Financial Position December 31, 2013 and 2012
2013
2012
Assets
Cash and cash equivalents
$ 8,236,667
$ 7,976,837
Investments Current
46,580,310
40,356,305
Long-term
12,639,555
12,722,812
Other assets
25,176
17,614
Contributions receivable
1,286,316
1,933,272
Property and equipment, net
1,224,122
1,254,251
Investments held for split-interest agreements 1,710,399 1,278,397
Total Assets
$ 71,702,545 $ 65,539,488
Liabilities
Accounts payable
Split-interest agreements
1,710,399
1,278,397
Accrued payroll
20,663
15,717
Grants payable
5,492,885
7,587,875
Funds held for others
6,779,584
6,665,892
$
46,410
$
45,877
Total Liabilities 14,049,941 15,593,758
Net Assets Unrestricted Designated 3,356,011 3,204,109
Undesignated
25,417,333
20,036,401
Temporarily restricted
19,016,851
17,163,286
Permanently restricted
9,862,409
9,541,934
Total Net Assets 57,652,604 49,945,730
Total Liabilities & Net Assets $ 71,702,545
$65,539,488
A complete copy of the audited financial statements is available at our office: 1885 South Arlington Ave., Suite 103, Reno NV 89509 or from our website: nevadafund.org 46
COMMUNITY FOUNDATION OF WESTERN NEVADA, INCORPORATED AND SUBSIDIARIES Consolidated Statements of Activities For the Year Ended December 31, 2013 and 2012
2013
2012
Public support, revenue and transfers
Contributions
Rental income
89,582
109,619
Investment income, net
6,170,868
3,480,909
Change in the value of split-interest trusts
54,682
54,526
Miscellaneous income
572,416
568,794
14,930,780
17,135,695
Program services and grants
6,597,324
5,120,908
General and administrative
524,831
483,621
Fundraising
101,751
96,023
Total expenses
7,223,906
5,700,552
CHANGE IN NET ASSETS
7,706,874
11,435,143
Net assets at beginning of year
49,945,730
38,510,587
Total public support and revenue
$
8,043,232 $ 12,921,847
Expenses
Net assets at end of year
$ 57,652,604 $ 49,945,730
A complete copy of the audited financial statements is available at our office: 1885 South Arlington Ave., Suite 103, Reno NV 89509 or from our website: nevadafund.org 47
Foundation Options FACTORS
PRIVATE FOUNDATION
Initial contribution Start-up costs Investment, accounting, audit and tax return expenses
$5 million to be effective
On-going legal and accounting fees Trustees must perform or hire staff.
General Administration
Trustees must perform, contract, or hire staff for these services.
Max tax deduction for gifts of cash (% of AGI) Max tax deduction for gifts of appreciated securities Must pay excise tax on investment Minimum pay out required Flexibility of choice Likelihood of perpetuity Requires donor time and expense Grant-making consultation
30% 20% Yes (1-2%) Yes (5%) Yes High Yes No. Trustees must perform, contract or hire staff for these services.
Access to community-wide agency knowledge base
No
Research and evaluation of charitable organizations Agency liaison services Planned giving services
Must hire staff
Restriction on holding interests in business enterprises Application of expenditure responsibility procedures for grants to organizations and programs that are not public charities Separate annual IRS tax return required Privacy
Yes
Liability and insurance
48
Accounting and legal fees
No No
Yes (under IRC Section 4945 taxable expenditure retax for failure to make “expenditure responsibility� investigations) Yes No (IRS Form 990-PF required, which
is open to public inspection.) Private foundations are required to file detailed tax returns on grants, investment fees, staff salaries, asset size, and publish a notice to the public that the tax return is available for viewing. These public records are often compiled into grant-seeker directories.
Insurance must be separately purchased
Comparison DONOR ADVISED
SUPPORTING ORGANIZATIONS
$10,000
$1 million
None
None
1.5% fee for funds under $1 million. The CF handles all investments and accounting, files annual tax return, and provides annual independent audit.
For funds above $1 million: CF fees are reduced in relation to fund balance size. The CF handles all investments and accounting, files annual tax return, and provides annual independent audit.
CF handles all financial and administrative management.
CF handles all financial and administrative management.
50%
50%
30%
30%
No
No
No
No
Yes
Yes
High
High
No
No
Yes. If donor wishes, the CF can identify potential recipients, investigate applicants, make grant payments, and monitor performance.
Yes. If donor wishes, the CF can identify potential recipients, investigate applicants, make grant payments, and monitor performance.
Yes (no charge)
Yes (no charge)
Yes (no charge)
Yes (no charge)
Yes (no charge)
Yes (no charge)
Yes (no charge)
Yes (no charge)
No
Yes
No
Yes
No
Yes
Yes Individual donor’s fund assets and grant-making are kept private and confidential. No public disclosure of individual grants or donations is required. If donor wishes, the CF can serve as a buffer between the donor and the grant seeker. Donors are usually recognized for grants disbursed unless they wish to remain anonymous.
No (IRS Form 990 required, which is
Advisors to the fund are covered by the CF’s liability and D & O insurance
Advisors to the fund are covered by the CF’s liability and D & O insurance
open to public inspection.) Supporting organizations are required to file detailed tax returns on grants, investment fees, staff salaries, asset size, and publish a notice to the public that the tax return is available for viewing. These public records are often compiled into grant-seeker directories.
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Philanthropic Advising Services At the Community Foundation of Western Nevada we:
Work
closely with donors and their advisors to create an individual giving plan that works.
Help
people understand how to give now and how to give through their estates.
Accept
a wide range of assets including appreciated securities, real estate and business interests.
Provide expert advice on community issues. Connect donors with others who have similar interests. Simplify or eliminate the administrative aspects of giving. Enable the best tax advantages for giving. Invest your gift carefully to reach your charitable goals. Encourage fundholders to involve their families and share
important values with future generations.
To learn more about building your legacy and supporting the community through us, please: Talk with Chris Askin, CSPG, CFRE, President and CEO at 775-333-5499 or via email: caskin@nevadafund.org
Stop by our Office
1885 South Arlington Avenue, Suite 103 Reno, NV 89509
50
Visit our website: nevadafund.org
We are
responsible stewards of resources entrusted to us. We operate with integrity, transparency and credibility.
We are a results oriented organization, committed to excellence.
Open Your Report for the Year Ended December 31, 2013!
Connecting People Who Care with Causes that Matter
1885 South Arlington Avenue, Suite 103 Reno, Nevada 89509 775-333-5499 www.nevadafund.org
of Western Nevada
Community Foundation
Reno, Nevada
Permit #625
PAID
U.S. Postage
Non Profit Org