building hometown legacies
TRANSCRIPT
Building Hometown Legacies
our Be 1 in 100 campaign
2014-15 AnnuAl RepoRt
2014 was another year of tremendous growth for the Pasadena Community Foundation. 2015 is proving to be the same. We are pleased to share some key highlights:
2015 Board of directorsDavid M. Davis, ChairJudy Gain, Vice ChairAnn Dobson Barrett Dave Beringer Rita Diaz Priscilla GambPeter McAniff Margaret MgrublianWendy Munger Eddie NewmanChris OrndorffFran N. Scoble Les StockerPhilip V. SwanMichelle Tyson, M.D.
2015 Past Board advisory councilRobert E. CarlsonR-Lene Mijares de LangRaymond Ealy James D. GambBetty Chin Ho James KingLois MatthewsG. Arnold Mulder Peggy PhelpsGloria PitzerDiane Scott Joel Sheldon David Werbelow
Professional advisors committeeBill HranchakAlison J. GambleKathleen GilmoreElaine GregoryKelley Bannon LashleyGloria PitzerDan RothenbergKarl SwaidanGlenn Wallmark
Pcf staffJennifer Fleming DeVoll ExECuTiVE DiRECTOR
Mariver Copeland DiRECTOR OF FiNANCE
Judy Wilson DiRECTOR OF DEVELOPMENT
Mike deHilster MARKETiNG & DEVELOPMENT MANAGER
Shawna Yetka DONOR/GRANTS COORDiNATOR
301 East Colorado Blvd. Suite 810 Pasadena, CA 91101 (626) 796-2097 pasadenacf.org
from dave davis Board chair 2014-2015
And finally, PCF is excited to launch our Be 1 In 100 Campaign. Over the years, our Endowment Builders have created 75 named funds. These generous individuals and families have enabled PCF to award over $500,000 in each of the last two years to 65 diverse nonprofits in the greater Pasadena area.
If we can increase the number of our Endowment Builders to 100, this will dramatically support our goal to reach $1 million in annual grants to qualified local charitable organizations.
$50 million $5 million in grants
$4.6 million
8 new members
PCF reaches
in assets – a growth of 72% over the past
five years.
Since 1996, Friends & Fellows have contributed
more than
to the Foundation —directly supporting
PCF’s local grant making programs.
— 2014 —
— 2015 —
— 2014 —
— 2014 —
— 2014 —
PCF awarded over
to nonprofits in the Pasadena community and across the country
We worked with donors to establish
and as of June 2015, we have established 6 more. This brings the
total number of charitable funds under PCF’s stewardship to 300.
PCF’s Legacy Society added
to the roster of those who have made a provision in their estate plan for a future gift to the Foundation; an additional
3 donors have let us know of their intentions regarding a planned gift as of June 2015.
21 new charitable funds
Will you be 1 in 100?2
The Fefferman Award Committee is pleased to announce that the Dr. Robert Fefferman Award for Excellence in Math and Science Education will become an annual award to benefit Pasadena Unified School District (PUSD) math and science teachers and students. The Pasadena Community Foundation will continue to manage this charitable program.
During this pilot year, PCF worked with the anonymous donor to create a sustainable and impactful award program. This spring, the $50,000 award was allocated as follows:
Mr. Lewis Watson, a mathematics teacher at Marshall Fundamental High School, received a $25,000 check for unrestricted personal use. Two graduating seniors from Marshall, Krikor Ailanjian and Caolan John, will each receive a $5,000 college scholarship for outstanding academic performance in math or science. Marshall itself received $15,000 for the purchase of sophisticated calculators for students in high-level math classes; a document camera; Pasco Sparklink interfaces; and motion detectors. This equipment will allow students in science classes to measure data
which they can then use their math skills to analyze. Math teachers like this because it builds on cross-curricular collaboration.
Robert Fefferman is the Max Mason Distinguished Service Professor of Mathematics at the University of Chicago. His work includes research mathematics, teaching, and service to his University and to the community at large including the Chicago Public Schools. He is an inspiration to many, including the donor who named the fund in his honor.
For more information, please visit FeffermanAward.org
mark anderson, principal, and lewis Watson, math teacher, at marshall fundamental High school
in memoriammichael d. schneickert, Pcf Board member 2011-2015
Will you be 1 in 100?
$50,000 FeFFerman aWard beneFits math and science teachers and students.
sPotliGHt on cHaritaBle funds
Michael Schneickert joined the PCF Board in 2011, serving with great enthusiasm and passion. Committed to the work of the Foundation, Michael believed strongly in the power of endowments to make a long-term impact. As chair of the Finance Committee, he was an advocate
for prudent stewardship of the many endowments PCF holds to ensure the funds continue to grow each year. In 2007, Michael and his wife, Karen Otamura established The Schneickert-Otamura Endowment. Since that time, the couple made contributions to grow the fund
that generates annual distributions to support PCF’s discretionary grants. Michael tragically passed away on July 1st of this year. He is deeply missed by his family, friends and everyone he worked with at the Pasadena Community Foundation. Michael’s wife Karen has asked that memorial donations be made to their fund that remains a legacy of his love for Pasadena. Donations can be made directly by going to pasadenacf.org
schneicKert-otamura endoWment
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When Denzel turned 6, he moved in with his grandparents, as his mom had been struggling. They enrolled Denzel at the Boys & Girls Club in Pasadena so he could play with other kids. The timing turned out to be perfect.
In 2002, the same year Denzel joined, the Boys & Girls Club made the decision to shift focus and introduce kids to computer technology so they could learn skills crucial to success in school and in life. Lacking the funds to create a Technology Center, the Club reached out to the Pasadena Community Foundation which responded with a $50,000 grant.
Denzel is a bright kid, and when he discovered the new Technology Center, he found something at which he could truly excel. “We did not have computer or internet access at home, so the only place I could learn about technology was at the Club.” Spending hours each week, learning how computers could help with schoolwork, he became a top student. Denzel is now a sophomore at Cal State Monterey, majoring in Business and Graphic Design, and he’s doing great. “Looking back, I realize the Boys & Girls Club gave me the confidence and skills I needed to succeed at school,” says Denzel gratefully. And he still stops by the Club when he is home for the summer to talk with staff and the kids who currently enjoy the benefits of the Center.
The Pasadena Community Foundation has been a long-time supporter of the Boys & Girls Clubs of Pasadena, awarding over $500,000 in grants since 1954. PCF has helped provide the Clubs with dozens of improvements, including playground equipment, roof repairs and a new gymnasium floor. In 2014, the Club was awarded a $25,000 grant to remodel the kids’ bathrooms.
The Boys & Girls Clubs of Pasadena do an extraordinary job helping kids in the area, and as a result, there are hundreds of success stories like Denzel’s. The Club is a great example of the kind of local organization that makes Pasadena a stronger community, with the help of the Pasadena Community Foundation.
at age 6, denzel joined the Boys & Girls club where he was first exposed to computers at the tech center funded in part by Pcf
boys & Girls clubs oF
Pasadena
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Grants in action
“We did not have computer or internet access at home, so the only place I could learn about technology was at the Club.”
the well-used technology center at the Boys & Girls club
During 2014 and 2015, the Pasadena Community Foundation awarded a total of over $1 million in discretionary grants to over 65 Pasadena area nonprofits. Funding for these grants is generated directly by the 75 Endowment Builder Funds established by donors to support the wonderful work done by these local organizations.
Arts & Culture (2015)
A Noise Within $20,000
Foothill Creative Arts Group $9,4805
Levitt Pavilion - Pasadena $24,950
Los Angeles Children’s Chorus (LACC) $5,900
Pasadena Community Orchestra $4,363
Pasadena Conservatory of Music $14,809
Pasadena Heritage $8,122
Pasadena Symphony Association $7,000
eDuCAtIon (2015)
College Access Plan $10,000
Frostig Center $15,000
Learning Works Charter School $25,000
Partnership for Success! $20,000
Pasadena Delta Foundation $1,200
Pasadena Education Network $2,884
Pasadena Educational Foundation $26,000
Reading Partners $10,000
HeAltH (2015)
AAF Rose Bowl Aquatics Center $25,000
Casa de las Amigas $25,000
Convalescent Aid Society $25,000
Grandview Foundation $5,000
Huntington Memorial Hospital $1,500
Impact Drug & Alcohol Treatment Center $25,000
Walter Hoving Home $11,445
Young & Healthy $24,596
HumAn servICes (2015)
Club 21 Learning and Resource Center $7,977
Door of Hope $25,000
ECPAC / Friends In Deed $3,700
Professional Child Development Associates $25,000
San Gabriel Valley Habitat for Humanity $25,000
Union Station Homeless Services $25,000
Villa Esperanza $25,000
senIor (2015)
Huntington Memorial Hospital - Senior Care Network $21,875
Pasadena Meals on Wheels $10,000
Pasadena Senior Center $10,000
Pasadena Village $5,000
Arts & Culture (2014)
Armory Center for the Arts $26,000
SAPPA $1,250
Pasadena Museum of California Art $15,000
Pasadena Public Library $1,000
Side Street Projects $15,000
Altadena Christian Children’s Center $10,000
eDuCAtIon (2014)
College Access Plan $10,000
La Salle High School $25,000
Partnership for Success! $20,000
Pasadena Altadena Community Endowment Fund $181
Pasadena Educational Foundation (Blair High School) $14,994
Pasadena Educational Foundation (Summer School) $26,000
envIronment (2014)
Arroyos & Foothills Conservancy $25,000
Pasadena Beautiful Foundation $20,000
HeAltH (2014)
Hear Center $6,884
Huntington Medical Foundation $24,837
Huntington Medical Research Institute (HMRI) $1,167
Planned Parenthood of Pasadena & SGV $25,000
Rose City Counseling Center $4,780
HumAn servICes (2014)
AbilityFirst $20,000
Five Acres $25,000
Foothill Unity Center $25,000
FVO Solutions, Inc. $14,000
Hathaway-Sycamores Child and Family Services $25,000
Hillsides $25,000
Mothers’ Club Family Learning Center $11,950
National Day Laborer Organizing Network $7,250
Union Station Homeless Services $1,000
URDC Human Services Corporation $11,914
Villa Esperanza Services $10,000
YoutH (2014)
Boys & Girls Clubs of Pasadena $25,000
Ideal Youth Inc. $4,500
Kidspace Children’s Museum $13,370
Misc. Other Grants $24,207
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2014 & 2015 Grantees
2015 total = $530,802 + 2014 total = $514,284 = Grant total oF $1,045,086
arts & cultureAnn Dobson Barrett & Olin Barrett Endowment
for Arts & CultureDavid & Holly Davis Arts & Culture Endowment Jim & Joan Caillouette Endowment for ArtsMargaret Leong Checca EndowmentLive Orchestral Music Endowment
educationLuke & Allyson Copeland Endowment
for EducationRay & Eddie Newman Endowment for Education Stephen & Judith McDonald Endowment
for Education Jud & Marilyn Roberts Endowment for Education
environmentBill & Claire Bogaard Endowment Matthew & Jennifer DeVoll Endowment
healthJohn & Lucille Crumb Endowment
for Medical ResearchJim & Priscilla Gamb Endowment for Healthcare
Phillip & Lois Matthews Endowment for Health
human servicesNancy Nash Beckham Endowment for HungerCornelia L. Eaton Endowment for
Assistance to the Elderly Ella C. Price Endowment for Disabled Children Bill & Betsy Rawn Endowment for
Seniors in NeedTruman’s Touch Endowment
youthRebecca R. Anthony Endowment for
Needy & Underprivileged Youth Loretta Glickman Endowment for
African American Youth Ralph & Margaret Norrington Endowment
for Youth Mitzvah Endowment
The Be 1 in 100
Campaign
building hometown legacies...to support your passion.Restricted named endowments support grant making
programs of PcF in six fields of interest.
PcF’s goal is to increase our family of endowment builders to 100, and we invite you to be 1 of them. For as little $10,000 you can get started today on your fund, your passion, your legacy.
Jim & Priscilla Gamb endoWment For healthcare
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Jim and Priscilla Gamb have built a rich life together. They share several passions including family, education, healthcare and Pasadena.
Priscilla grew up here and attended Pasadena public schools. Recently retired as Director of Volunteers at Huntington Hospital, she has vast volunteer and Board experience and was elected to PCF’s Board in 2015.
Jim remembers, “I fell in love with Pasadena 50 years ago while driving up Orange Grove to Priscilla’s home above the Rose Bowl.” Jim spent his career in the investment business and used his significant financial expertise in service to various education and healthcare organizations. He also served on the PCF Board for ten years.
“We chose to dedicate our endowment to healthcare as a way to support the work of the foundation in this vital area, and to say thank you for the benefits to our family over the years.”
bob & arlene harder endoWment Fund
building hometown legacies...for the place you call home.Unrestricted named endowments support the grant making programs of PcF.
AnonymousMargaret L. Amos EndowmentDorothy Avakian EndowmentGuil & Gwen Babcock Endowment Joseph W. Barta EndowmentRena J. Bruce EndowmentBob & Maureen Carlson Endowment Carl W. & Lynn Cooper Endowment O.K. Earl EndowmentEleven Twenty Seven Endowment (Trustee, Temo Arjani) Fred & Jean Felberg Endowment Judith Gain Endowment James Gamble EndowmentDonald & Taylor Hall Endowment Bob & Arlene Harder EndowmentBetty Jean Ho Endowment Jean Hubbard EndowmentGeorge & Maggie Jagels Family Endowment Bernard & Mary Johnson Endowment John & Jennith Knox Family EndowmentVirginia Krueger EndowmentElizabeth Lent EndowmentHelen B. Lockett EndowmentAl & Rose Marie Lowe Endowment Ruth Stewart Martin EndowmentKatherine Mason Endowment David & Margaret Mgrublian EndowmentLauren G. Millis EndowmentG. Arnold & Gretl Mulder Endowment Wendy Munger & Leonard Gumport Endowment Dottie & Byron Nelson Endowment Maria Antonia Niven Endowment Peggy Phelps EndowmentDorothy J. Philips EndowmentSterling Pile EndowmentWilliam J. Prisk EndowmentWilliam T. Reynolds Endowment
Dottie Nelson spent a significant portion of her working career making a difference in the lives of people in the local community. That time included 12 years as CEO at Villa Esperanza, a nonprofit organization devoted to the care and education of disabled children and adults.
Dottie and her husband, Byron, wanted to find a way to give back to Pasadena when they retired. Dottie’s previous
experience made her aware of the wonderful work being done by the Pasadena Community Foundation.
Dottie says, “It feels very good to know the endowment fund we established will go to help people in need in the community. I have confidence the PCF team will make sure our money gets to those organizations that need it most.”
dottie & byron nelson
endoWment
Lucille L. Roseman EndowmentSchneickert - Otamura Endowment Nan & Howard Schow EndowmentFran Scoble Family Endowment H. Diane Scott Endowment John & Linda Seiter Endowment Joel & Jill Sheldon EndowmentDorothy I. Stewart Endowment
Philip A. Swan EndowmentPhilip V. & Sara Lee Swan EndowmentJohn & Shirley Thomas EndowmentSid & Betsey Tyler EndowmentTyson/Hagopian Family Endowment Louis & Marion Webb EndowmentHelen L. Wilfong EndowmentRandolph & Judith Wilson Endowment
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“Giving is something we always did,” says Arlene Harder. “My husband Bob and I felt incredibly grateful and blessed for all that we have, and it was important we give a portion of our income to people less fortunate.”
For years, Bob and Arlene provided funding to several large national organizations. However, they were concerned their donations were not making a meaningful impact in the lives of people who most needed help.
Arlene spoke with her attorney, Karl Swaidan at Hahn and Hahn, who suggested that PCF could help maximize her philanthropic goals. Arlene did some investigating and discovered that PCF had been a strong supporter of a number of vibrant nonprofits in Pasadena since 1953.
In 2014, after Bob’s passing, Arlene set up the Bob & Arlene Harder Endowment to support local nonprofits and make a lasting, genuine impact on the community.Karl Swaidan
esteemed FelloWs ($10,000+)Anonymous (2)Guilford & Gwen BabcockDhiya & Melinda El-SadenFornaciari FamilyJudy GainDonald & Taylor HallArlene HarderBernard & Mary JohnsonMarvel KirbyElizabeth P. LentDavid & Margaret MgrublianRoger & Gloria MullendoreWendy Munger & Leonard GumportJud RobertsMichael Schneickert & Karen OtamuraNan SchowBetsey TylerMichelle Tyson, M.D.Randolph & Judith Wilson
distinGuished FelloWs ($5,000)
Bill & Claire BogaardEast West BankRichard N. FrankDebbie Heitz & Shaw WagenerJudith HougMargaret JagelsMountain View FoundationNorthern TrustChris OrndorffDaniel Tyler
sPonsorinG FelloWs ($2,500)
Clifford Swan Investment CounselDavid & Holly DavisEleven Twenty Seven FoundationElliot & Ryan, Inc.Stephanie C. FoxJames & Priscilla GambGamble Jones Investment CounselGonzalez Goodale ArchitectsHahn & Hahn LLPHarrington GroupBarbara HaydenIDS Real Estate GroupLucas Horsfall LLPPeter & Jerilyn McAniffMijares Mexican Restaurants, Inc.Arnie & Gretl MulderDonald & Gloria PitzerDrs. Janene & Tom Scovel FoundationJohn & Linda SeiterPhilip V. Swan
suPPortinG FelloWs ($1,000)
All Saints ChurchGregory S. & Nancy McAniff AnnickHancock & Julia BanningAnn Dobson Barrett & Olin BarrettBob & Lois BoardmanJohn & Louise BrinsleyElizabeth Brown CalletonBob & Maureen CarlsonDaniel & Grace ChangDonald & Sally ClarkRamon CortinesR-lene Mijares de Lang & Gordon de LangMatthew & Jennifer DeVollJohn & Rita DiazLouise DoughertyJo DrummondDon & Julie FeddeClarence & Anne FlemingJean FlemingLaura & Louis Fleming Jr.Robert & Katherine Gillespie
Friends & Fellows make annual gifts to the Pasadena Community Foundation to provide unrestricted support to PCF’s local grant making programs.
Donors who contribute to endowment funds that support our discretionary grants are also recognized as Friends & Fellows.
Gifts received 1/1/2014 - 6/30/2015
2014–15 Friends & FelloWs
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Jo drummond (left) and Gloria Pitzer, long-time supporters of Pcf
supporting fellows Judy & Bill opel
Gary Hackney & Natalie PoolePatti B. HealyCandis & Roger IpswitchJudith G. KellyAlbert & Rose Marie LoweSteven MadisonJacqueline MartinAllen & Lewise MathiesElizabeth MedearisD. Harry MontgomeryCharles G. MorseMary Lois NevinsMichael Newkirk & Olivia GarfieldRay & Eddie Newman
A. William & Judy OpelRawn Family TrustJohn & Charlotte ReithJanet J. RoseFran ScobleEmmons & Janet SebeniusJoel & Jil SheldonDennis & Alison SlatteryLeslie E. & Pamela A. StockerLaurie & David TurnerCharlotte Van FleetRobert & Carolyn VolkWells Fargo BankJohn & Judy WhitingHenry & Cynthia Yost Family FoundationWilliam & Eileen Zimmerman
FelloWs ($500)
Julia BaileyErin & Jeremy BakerRobert & Joan BanningTom Baxter & Jennifer KuoAndrea BealBarbara BeckhamMartyn BelmontStephanie BennettChristine BenterDavid Beringer
Judith B. BrandtBarbara CampbellBrett & Michelle CannonChandler SchoolCatherine “Tink” Cheney & Barry JonesRonald & Marilyn ConzonireRichard & Mariver CopelandMary CoquillardRita CoulterDavid G. CovellKarl & Carmela DietzelRaymond & Charmayne EalyRichard & Nancy EsbenshadeJeffrey Scott Fastnow & Sandra Steele
FastnowSydney & Ray FeeneyHaley J. & Anita FromholzGGE FoundationMichael O. & LeAnne HealyKatherine HealyHal & Marguerite HennacyDorothy HoffmanSally & John HowellSamuel LoshCraig & Diane MartinPhillip & Lois MatthewsPaul & Linda MaurinStephen & Judy McDonaldMark & Laurie McKinleyCarson & Kaholyn McKissickPaul & Susan MillerBob & Kris MorrishMark & Louisa NelsonStephen & Kay OnderdonkTony & Mabel PainePeter & Catherine PalermoTony Pang & Dr. Ying GohMichael & Priscilla PawlickiBenjamin & Sylvia PazMichael Peevey & Carol LiuRobert PindrohGlenn & Carol PomerantzGeorge & Mary RegasDavid & Kristin RitterbushCynthia RosedaleDonald RoudenbushDavid & Cheryl ScheidemantleWilliam D. & Marilyn M. SchulteRosemary SimmonsMarjorie StollJohn D. TaylorWilliam & Carol ThomsonJolly UrnerGregory & Glenda VanniChuck WatermanDave Werbelow & Jeannie FlintPaul & Jean Whitin
Friends ($1-$499)Carrie AdrianDaniel & Nicole AdrienAbraham & Mary AghoianGrace AndersonWaren J. ArnettMike & Carole BabcockNona BaerBryan BeckhamJohn C. Bell & Martha BellGary & Elizabeth BirkenbeuelCorneila BloomerJames & Joan BoltonClayton R. & Margaret BraatzHannah G. BradleyBucks County Community College FoundationCraig & Susan BurgerJames & Joan CaillouetteJohn K. CameronCapitol Cadillac CompanyDante CaravaggioWayne & Judy CarterRobert & Joan CathcartMartin & Nancy ChalifourMrs. Charles ChernissDee CodyDonald & Natalie CohenNancy & Richard ColeMichael & Susan ConnellMartha Malnic CooleyCarl & Lynn CooperTony & Nadine DanzMr. & Mrs. Leo DencikDavid & Judy DenenholzMatthew G. DillhoeferJanet DoudCurran M. DwyerKate DwyerLaurence EggersMolly West EllsworthHenry EversoleDoris Tsongas FinchMargaret FordLisa H. FowlerSusan A. FrankLauren FrankelGeorge & Cleola GavalasJohn Hall & Nancy LanJohn & Anna HallstromMargo Halsted & Peter LeSourdRobert & Lisa Harrison
Dave & Caraly HiguchiMarguerite HougasianJames & Susan HousePaul & Missy JenningsDennis & Katharine JorgensenSheldon & Cindy KereseyPatricia KetchumLori MacPhersonMadison Heights Neighborhood AssociationDenise MimishianTed & Jane McAniffDon & Nancy McIntyreLouisa N. MillerJeannette MuirheadRick NeumannBarbara NifwanderCarol NumrichWilliam & Judy OstranderGordon PashgianMaiya Teague PenberthyWilliam & Harriet PlunkettJohn & Barbara PoerChris & Katie PooleJane QuinnBill & Christy RakowKaren & John ReynoldsAnn W. RiordanLeonard & Carmella RodriguezGordon & Joanne SasakiKent & Susan SchmidtNorman & Carol SchmidtFred & Eileen SchoellkopfSandra ShattoMargaret A. SmithLouise Spadia-BeckhamBetty SteenGeorge & Gretel StephensRobin Stever & Ricardo De BarrantesKenneth & Louise TangShahram & Kelly TousiDanzey TreanorBill & Linan UkropinaJohn B. UlmerJohn & Andrea Van de KampBetty Alice VaughanAndrew Jr. VolleroMark WatersonTimothy & JoAnne WendlerDavid & Roberta WilcoxMorley & Lou Anne Winters
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Pcf board members at a site visit for the Habitat for Humanity desiderio building project in Pasadena
Future Funds of the Pasadena Community Foundation
leGacy society
PCF expresses our appreciation to the following group of individuals and families who have named Pasadena Community Foundation as a beneficiary in their estate plans.
Anonymous (9)Ann Dobson Barrett Barbara Beckham Bill & Claire Bogaard Robert Brehler & Orin Burgess John & Ginny Cushman
R-lene Mijares de Lang Robert J. FloeRichard & Mary Alice FrankJudy Gain Arlene HarderThomas & Marcella Harris Victor & Marion Jones John J. Kennedy Scott & Debi Kroman Cynthia Kurtz & James McDermott John & Margaret McAustin Don & Nancy McIntyre
Denise Mamishian Andrea Engler MorseburgRoger & Gloria Mullendore Rick NordinDonald & Gloria Pitzer John & Charlotte ReithGail Rolf Norman & Sossi Sarafian Michael Schneickert & Karen OtamuraSandra Shatto Margaret A. & Peggy Anne Smith Leslie & Pamela StockerThe Thorpe Family Betsey Tyler Jolly Urner Mary Weaver Randolph & Judith Wilson
One of the main goals of the Levitt Pavilion for the Performing Arts at Memorial Park in Pasadena is to make live music accessible to everyone, creating a stronger and better-connected local community.
With an annual program of an amazing 50 free concerts, the Levitt Pavilion is flourishing, and Memorial Park has become a vibrant hub of activity. However, the challenge had always been sound quality at the concerts, which was fair at best. In
2015, the Levitt Pavilion applied for funding from the Pasadena Community Foundation for the resources to improve concert experiences. PCF awarded the Levitt Pavilion a capital grant to purchase new speakers, which were recently installed.
According to Renee Bodie, Executive Director, Levitt Pavilion – Los Angeles & Pasadena, “With our new speaker system, the sound at Levitt Pavilion Pasadena has never been better, and our audience appreciates the difference. Thank you so much to the Pasadena Community Foundation for helping us create a beautiful experience under the stars for the enjoyment of the community.”
Beyond a diverse concert schedule, its popular intern program provides inspiration and motivation for high school students who dream of a career in music, as well as teaching them practical skills necessary to work in the industry — from marketing, to event production, to audio gear maintenance.
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Grants in action
“With the new speaker system, the sound at Levitt Pavilion Pasadena has never been better...”
levitt Pavilion,
Pasadena
2013–14 financial summary
This is a financial summary for the year ended December 31. PCF financial statements are audited annually. Copies of PCF financial statements and tax return forms 990 and 990T (if one is filed) are available upon request.
statement of financial Position five year GroWtH cHart
statement of activity
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$
$10M
2010 2011 2012 2013 2014
$20M
$30M
$40M
$50M
$60M
$29.6$29.5
$36.9
$45.4
$50.7
$9.8
$19.8
$9.5
$19.5
$14.7
$22.2
$19.5
$25.9
$23.8
$26.9
Donor/Agency Discretionary
PCF Discretionary
assets 2014 2013
Cash and Cash Equivalents $637,482 $739,768
Investments $49,962,941 $44,543,263
Other Assets $99,481 $167,327
Total Assets $50,699,904 $45,450,358
liabilities
Accounts Payable $43,581 $169,879
Agency Funds $1,614,995 $1,384,259
Total Liabilities $1,658,576 $1,554,138
total net assets $49,041,328 $43,896,220
total liabilities and net assets $50,699,904 $45,450,358
2014 2013
net assets - beginning of year $43,896,220 $35,658,517
additions
Contributions and other support $8,919,083 $9,023,417
Gain on Investments $1,891,568 $5,055,944
total additions $10,810,651 $14,079,361
expenses
Program
Donor-Advised Grants $4,327,851 $4,592,655
Discretionary Grants $514,284 $414,863
Field of Interest Grants $92,433 $90,734
Operating $349,986 $309,417
total Program $5,284,554 $5,407,669
Administrative and General $190,323 $122,856
Development $190,666 $311,133
total expenses $5,665,543 $5,841,658
change in net assets - increase/(decrease) $5,145,108 $8,237,703
net assets at the end of the year $49,041,328 $43,896,220
10.5%increase of net assets
at year end
Figures are shown in millions and have been rounded up to the nearest 100 thousand number.
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