Community Foundation Serving Greeley and Weld County 2018 Annual Report

CENTENNIAL SOCIETY

MembersDan and Deb AustinDick and Reva BondMargaret BrownCol. and Mrs. Stanley CassBill and Sharon FarrTom and Nona GordonJohn W. and Delia HaefeliGeorge and Betty HallBill and Theresa HertnekyMike KetterlingRay and Judy KnappNorman LysterElizabeth C. Lyster EcklesTom and Barb MacgillivraySandy Magnuson and Ken NoremRand E. and Maggie MorganPete and Jean MorrellNorm and Marty NoeJulie SauterR. Lee and Rebecca SewardPam and Jim ShaddockHoward and Beverley Skinner Pat SprockScott and Pat ThomasAnonymous (10)

RemembersByron BrownCharles “Chuck” ChildersNelle and William DeasonMary GillespieLucille J. GrayJerry GressMildred HansenGladys HopkinsPhylabe HoustonLeoma HunterHenry and Ruth JohnstonMary and Hubert LittlerHelen C. McCandlessGlenn McDonaldEdna Rady Howard SmithFlorence Winograd

2018 BOARD

OfficersReyes “Junior” Barrios, Vice Chair Dale Pratt, 2nd Vice ChairChristine Richardson, SecretaryMarcia Siebring, TreasurerLucie Wisehart, Board Chair MembersJulie ConstanceJulianne FritzNora GarzaTheresa HertnekyMariann JohnstonDonna LoydMatthew Martinez M.D.Bill MunnsTyler NotestineMarilyn SchockSteven SmithKristi ThomasTim Ulrich STAFF

Twyla Coblentz, Finance OfficerTim Coons, Mktg/Comm OfficerRand E. Morgan, President/CEOLauren Weber, Program Officer

2018 was a year of future planning and transition for the Community Foundation Serving Greeley and Weld County.

After celebrating our 20th Anniversary in 2017, the Board of Directors felt it was a pivotal time to pause, to look back at where we have come and where we should be going, and to

develop a roadmap for our next several years.

While embarking on the development of a strategic plan, much of the year was taken up by listening to our donors and our community partners and to learn lessons from you about how the Foundation’s past should carry it into the future. You provided the Foundation’s board with insightful feedback, helpful suggestions, brilliant ideas, and wise counsel. We sincerely thank you for those contributions,

and for the even more precious gift of your time.

From your feedback, a strategic plan has been crafted, and the Foundation looks forward to serving you even better than before and

to promote philanthropy in all its forms throughout Weld County.

The year was not only a year of planning, it was also a year of growth. The Foundation continues to expand and to serve

donors and the causes that are important to you. It has always been the Foundation’s privilege to serve in these capacities, and we look forward to our ongoing partnerships to

make meaningful impacts in our communities.

2425 35th Avenue, Suite 201, Greeley, CO 80634inf0@cfsgwc.org | www.cfsgwc.org | 970.304.9970

Cover image from John Fielder’s forthcoming book celebrating Weld County and the 25th Anniversary of the Community Foundation Serving Greeley and Weld County.

Rand E. MorganPresident/CEO

Lucie WisehartBoard Chair

2018 HIGHLIGHTS

New Community Foundation Funds

The Community Foundation was pleased to add six new funds to its portfolio in 2018. The two

donor advised funds, two scholarship funds, and two agency funds (added with the Endowment

Challenge) will have a lasting impact for our county.

Centennial Society The Centennial Society recognizes donors who work with the Community Foundation with planned gifts that support causes after their lifetime. It has been established for a decade and includes 51 members.

ScholarshipsThe Community Foundation awarded 100

scholarships in excess of $225,000 to students from Weld County schools, college and universities.

Scholarships were awarded from 39 different funds.

Two Big Initiatives for 2018With the Board of Director’s leadership two larger initiatives were executed in 2018: the Community

Foundation transitioned to a new software and completed a strategic plan.

A Kid’s Place EndowmentA Woman’s Place Agency FundA Woman’s Place Client Emergency FundA Woman’s Place EndowmentAaron Foundation FundAchieving Community Excellence Fund (ACE)ACE STEM FundACE Career Pathways/Internships FundACE Youth Leadership FundFloyd E. Acre Memorial ScholarshipAgape Faith Fund GreeleyAnderson Family Foundation FundAnonymous FundArc of Weld County EndowmentArts Alive! FundArts Alive! ScholarshipDeb and Dan Austin Family Foundation FundFlorence J. Berry Fund for the Platteville MuseumO. Jeffrey Berven Memorial ScholarshipBillWinde FundBoettcher FundDick and Irene Boettcher EndowmentReva and Dick Bond Family FundBressler Family Memorial ScholarshipByron and Margaret Brown EndowmentSam Chuenchit Soccer Scholarship EndowmentAl Coleman/Bev Peratino Allied Healthcare ScholarshipCommunity Foundation Impact FundCommunity Trust FundCummins Care ScholarshipThe Deason ScholarshipDavid M. Delgado Teacher Candidate Scholarship“Sissy” Dent ScholarshipDirector’s EndowmentDr. Thomas R. and Janis S. Dunn FundEhrlich Family FundEldergarden FundEnvision Creative Support for People with Developmental Disabilities EndowmentEvans Fire Safety and Assistance FundBill and Sharon Farr FundFort Lupton Arts Council FundFort Lupton Community Foundation EndowmentFort Lupton Community Foundation FundFort Lupton Community ScholarshipFort Lupton Trapper Days Roll In FundFort Lupton Youth Recreation FundCeleste Fried Greeley Senior Center Endowment Judd Kazuto Fulton ScholarshipLucile J. Gray ScholarshipGreeley Arts Legacy Project FundGreeley Lions Club Charitable FundGreeley Rotary W.D. Farr EndowmentGreeley Transitional House EndowmentGreeley/Weld Senior Foundation FundJohn W. and Delia Haefeli FundHall Family ScholarshipGeorge and Betty Hall FundMildred S. Hansen ScholarshipKathy Hanson Memorial ScholarshipHertneky Charitable FundHispanic Women of Weld County FundHistoric Greeley, Inc. Quasi-EndowmentDorothy E. Hood EndowmentLynne and Gladys Hopkins Family FundHouston Gardens FundLeoma D. Hunter Educational FundAlison Jo Jenkins Memorial ScholarshipJohn K. Jerome Family ScholarshipLauren Johnson Safe Environment FundJudge Roger Klein ScholarshipJudy Knapp ScholarshipRobert and Judy Kron Family FundLions Dictionary Project Fund

Littler Youth FundLiving Waters FundLoustalet Family FundLyster Family Foundation FundLyster Family ScholarshipMagnuson Norem Family FundKristopher G. Mansfield Memorial ScholarshipMartin Family EndowmentMartinez Family ScholarshipCarl Mason Family Agriculture ScholarshipHelen McCandless ScholarshipPhyllis and Glenn McDonald Memorial Fund for the Performing ArtsMeals on Wheels EndowmentMigrant Christmas Fiesta FundNiles S. Miller Family FundMonfort Children’s Clinic EndowmentR.L. Monfort Family EndowmentKathy Murphy Speaker Series FundNauta Annual ScholarshipNorm and Marty Noe Family Leadership Incentive FundNorth Colorado Medical Center Chaplaincy FundObermann Family Foundation FundRobert and Lena Ochsner FundOil and Gas Museum of Colorado FundO’Neal Family EndowmentPartners In Education Scholarship“Doc” Patterson ScholarshipPay it For-Warde Family FundPeak View Jazz FundPepper FundPeschel Memorial ScholarshipPoudre Learning Center Foundation EndowmentRichardson Family Autism FundNicholas Roehrich Memorial FundRoger Rosenbrock Memorial ScholarshipSalida Del Sol Foundation EndowmentAnnessa Sanchez Memorial FundSason’s FundJulie Anne Sauter Fund in Honor of Oscar and Thelma GreniSenior Resource Services EndowmentR. Lee and Rebecca Seward Education FundSexual Assault Victim Advocate Center EndowmentShadwick Family FundLee and Carol Shropshire FundSlobojan Family FundHoward E. Smith Family EndowmentUnion Colony Civic Center FundUnion Colony Civic Center Unrestricted EndowmentUnited Way of Weld County Legacy EndowmentJerry and Anna Wardell Memorial ScholarshipRoy Wardell Charitable FundWeld County Builders Association Scholarship Weld County Courthouse 100th Anniversary Project FundWeld County School District Six EndowmentWeld County Veterans Memorial Maintenance FundWeld Food Bank EndowmentLaura White Memorial ScholarshipM.C. Widmaier Family EndowmentThe Wild Animal Sanctuary EndowmentWindsor Community Foundation EndowmentWindsor Community Foundation FundWindsor Community Foundation ScholarshipWindsor Harvest Festival ScholarshipWindsor Treasure Island Gardens FundWinograd Business Professorship and Fellowship FundWinograd Family FundWinograd Family ScholarshipWomen to Women EndowmentWomen’s Fund of Weld CountyG. E. Wood Memorial FundWoolf Scholarship

ACTIVE FUND LISTING

STATEMENT OF FINANCIAL POSITIONas of December 31, 2018

ASSETSCash, investments at fair value $ 25,183,466Receivables $ 81,538Equity held by third party $ 80,000Other assets $ 9,428TOTAL ASSETS $ 25,354,432 LIABILITIES AND NET ASSETSCurrent liabilities $ 152,778Annuity liability $ 42,328Assets held for agency funds $ 1,511,880TOTAL LIABILITIES $ 1,706,986 NET ASSETSWithout donor restrictions $ 2,820,910With donor restrictions $ 20,826,536TOTAL NET ASSETS $ 23,647,446 TOTAL LIABILITIES AND NET ASSETS $ 25,354,432

2018 CHARITABLE DISTRIBUTIONSThe Foundation awarded an excess of $1 million in grant and program support to 120 grantees given across 11 program areas.

Arts, Culture and Community Development $ 60,519Charitable Programs $ 200,963Intellectual and Developmentally Disabled $ 44,568Education $ 307,262Faith Based $ 36,501Health, Nutrition & Emergency Assistance $ 107,342Nonprofit Support $ 22,818Seniors and Veterans $ 16,449Women and Girls $ 60,005Youth $ 160,774Animals and Environment $ 7,211

5-YEAR GROWTH OF TOTAL LIABILITES AND ASSETS

16.6

M20

14

2016

2015

2017

2018

17.5

M 18.3

M

21.8

M

25.4

M