The Journeyof aLifetime.

The Journey of a

Making a charitable gift is not the end, but the beginning. The gift, itself, is not the destination; it is the first step. Any gift – no matter how largeor how small – opens a pathwayinto the future.You give the first gift, then the second, and the third…… and “giving” becomes, quietly,“philanthropy” – a progression of steps, one after another, taken for the well-being of humankind.

Step by step, your giving becomes uniquelyyour journey …..a journey built around yourhopes, your dreams, your faith in the future.

It is a journey to be savored, to be shared with your family and loved ones.

It is the journey of a lifetime.

Lifetime.

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Through your giving, you can transform lives,strengthen communities, open unimaginablepossibilities for people with little hope.

You can educate children and comfort the aging, care for the sick, protect naturalresources, or stimulate conversation and problem-solving among citizens who can create real change.

You determine the destination. The CommunityFoundation helps you map the way.

Along the journey, you will learn that giving benefits not only those who receive,but those who give — a powerful lesson toshare with those you love.

Through The Community Foundation, youcan create a habit, a tradition, a legacy of giving for your family, your children andyour descendents, sharing that powerful lesson across generations.

UnlimitedDestinations...Your philanthropic journey can take you anywhere.

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Endowed funds provide a permanent financialresource for a community or an organization.

In an endowed fund, the principal is not expended. Charitable gifts are awarded only from a portion of the earnings of the principal.

As the chart below illustrates, a $1 millionendowment, established in 2005, earning 8.5%

per year (net of fees) would have a cumulativeamount available for grantmaking in excess of itsbase amount — $1 million — by its 20th year,all the while continuing to grow the asset base.

An endowment established with The CommunityFoundation today creates a powerful vehicle forgiving that grows ever stronger with time.

T H E P O W E R O F E N D O W M E N T

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$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

Fund Balance

Available for Grantmaking (cumulative)

Year 1 Year 5 Year 10 Year 15 Year 20

When you embark onyour philanthropic journey,The Community Foundationis there to serve as an experienced and knowledgeable guide.

The Foundation began its philanthropic journey in1964, becoming the first community foundationto be established in the State of Florida.

There had been philanthropists – great ones – in Northeast Florida before that time, but

The Community Foundation was the first organization to bring together those philanthropic spirits so that they might learn from one another, inspire one another, and attract others to their company.

Since that time, hundreds have joined us. Some arenewcomers. Others represent the third generationto be part of The Community Foundation family.

All care deeply about the community in whichthey live. They have varying points of interest,from the welfare of children to the preservationof natural resources, from the quality of publiceducation to the proliferation of the arts.Together, the multitude of interests completes a mosaic that depicts the whole of who we are.

Your Trusted Guide...

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Through the years, Jacksonville and Northeast Florida have grown and changed.The Community Foundation, and the menand women whose gifts make up theFoundation, have been instrumental in shaping that change, leaving their footprints along path.

A sample of programs from the Foundation’s portfolio include:

STRENGTHENING THE NONPROFIT SECTORThrough the Foundation’s Community BuildingFund, the Foundation helps area nonprofitorganizations improve their operations by engaging in reflective practice — the process of stepping back from the day-to-day work andviewing the organization and its work in thecontext of current and anticipated events. More than 47 area nonprofits are healthier today because of this experience.

ENCOURAGING EDUCATION REFORMThe Foundation is in the first half of a 10-yearcommitment to improve the quality of publiceducation in Duval County. The initiative, Quality Education for All, has built healthier relationships between the school system andcommunity organizations, brought together funders with fresh views on supporting publiceducation, engaged citizens around neededreforms in public schools, and invested directly in innovative programs that directlyhelp students.

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SUPPORTING THE ARTS & ARTISTSThe Foundation today provides support not onlyfor arts organizations but for individual artists at critical stages in their careers. This uniqueprogram has its roots in a 1989 partnership withthe National Endowment for the Arts. Since then,the Foundation has nurtured 76 artists throughthis program.

GROWING NEW COMMUNITIES OF PHILANTHROPISTSIn 2001, the Foundation, with the help of several dynamic women, launched the Women’sGiving Alliance, an initiative that invites womento pool their philanthropic dollars and invest inissues of concern to women and girls. Today,more than 200 women in Northeast Florida participate in this philanthropic endeavor.

In 2002, the Foundation supported a group ofcitizens in Suwannee County, Florida, who sawthe need for a locally-based philanthropy thatcould invest in their community. The Suwannee

Valley Community Foundation became theFoundation’s first affiliate fund and, today, raises its own funds and makes its own grantswith professional support from The CommunityFoundation.

In 2005, a group of African American philanthropists used the proceeds from the sale of Eartha M.M. White Health Care, a nursinghome for African Americans, to establish theEartha M.M. White Legacy Fund. The Fund seeksto educate and inspire African Americans toembrace philanthropy and demonstrate the benefits of collective giving. Since establishment,the Fund’s assets have grown 28%.

Through these and many other programsand initiatives, The Community Foundationand its donors are stimulating philanthropyand building a better community inNortheast Florida.

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to plan your journey carefully and thoughtfully

Charitable giving can be the result of discipline, setting aside small amounts of money regularly for later giving, or of good fortune, the occasional windfallthat comes from a major life event.

In either case, time is your ally — taking time toaccumulate disciplined investments and watchthem grow, or taking time to contemplate futuregiving and still capture immediate tax benefitsfrom the windfall.

When you establish a fund at The CommunityFoundation, your gift receives the MMAAXXIIMMUUMM TTAAXX CCRREEDDIITTSS

allowed by law in the year that the gift is made.The fund you establish at The Community Foundationis managed by professional investment managerswho generate CCOOMMPPEETTIITTIIVVEE RRAATTEESS OOFF RREETTUURRNN. Your fundearns money at The Community Foundation,enabling your grantmaking dollars to grow.

And you are under NNOO OOBBLLIIGGAATTIIOONN TTOO MMAAKKEE GGRRAANNTTSS

FFRROOMM YYOOUURR FFUUNNDD on a pre-determined schedule. The Internal Revenue Service does not impose a “minimum payout” requirement for funds heldby a community foundation, as it does for private foundations.

We Give You Time...

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to make whatever choices suit you or your family bestCharitable giving can take many forms. And because each donor is unique, with uniqueinterests and preferences, philanthropy becomes a very personalized experience.

T H E C O M M U N I T Y F O U N D A T I O N O F F E R S Y O U T H E U L T I M A T E F L E X I B I L I T Y I N G I V I N G

And, importantly, there is COMPLETE PRIVACY. As a donor to The Community Foundation, you are notrequired to submit the detailed tax return that is required of private foundations annually and publishedonline. You decide what level of disclosure is best.

We Give You Flexibility...

EASE OF ACCESS

The minimum amount required to establish a fund at the Foundation is $10,000

for a non-endowed fund and $50,000 for an

endowed fund.

MULTIPLE WAYS TO CONTRIBUTE

You may establish or add to a fund with gifts of cash or appreciated

stock or through a number of planned gift instruments.

VARYING DEGRESS OF INVOLVEMENTYou may be closely

involved with your funds, or leave all of the

decision making to theFoundation staff.

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V A R I E T Y O F F U N D T Y P E SAt The Community Foundation, you select the type of fund that best meets your personal philanthropic strategy.

M U L T I P L E W A Y S T O G I V EThe Community Foundation accepts most types of assets. Our status as a public charity (501(c)(3)) meansyou generally can receive a tax deduction of the fair market value of your gift. We accept:

Assets may be contributed outright or used to establish a variety of planned gifts.

» Cash» Appreciated, publicly traded stock» Real Estate» Stock options» Foundation grants

» Bequests» Qualified retirement plan assets or IRAs» Life insurance» Tangible personal property» Personal residence

FUND TYPE HOW IT WORKS DONOR INVOLVEMENT

Donor Advised Fund

Scholarship & Award Funds

Designated Funds

Field of Interest Fund

Unrestricted Funds

Donor recommends grants from the fund to the qualified nonprofits of choice.

Donor establishes scholarship or award criteria;Foundation staff solicits and reviews applications

Donor pre-determines which organizations will benefit from the fund.

Donor identifies a field of interest, rather than specificorganizations, that will benefit from the fund.

Donor allows Foundation board discretion to use thefunds for the benefit of the community.

Maximum

Moderate

Moderate

Moderate

Minimum

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Any successful journey requires that thetraveler be well-equipped. In the world of philanthropy, the most important pieceof equipment is knowledge.

The Community Foundation helps you build knowledge…

KKNNOOWWLLEEDDGGEE OOFF TTHHEE CCOOMMMMUUNNIITTYY AANNDDTTHHEE CCRRIITTIICCAALL IISSSSUUEESS IITT CCOONNFFRROONNTTSS.By understanding these issues, you are betterequipped to evaluate opportunities to investyour charitable resources.

KKNNOOWWLLEEDDGGEE OOFF GGOOOODD WWOORRKK,, SSUUCCCCEESSSSFFUULLPPRROOGGRRAAMMSS,, EEXXCCIITTIINNGG NNEEWW VVEENNTTUURREESS..Whether these are local, regional or nationalworks, we seek to learn about best practices,and share what we learn with you.

KKNNOOWWLLEEDDGGEE AABBOOUUTT TTHHEE FFIIEELLDD OOFF PPHHIILLAANNTTHHRROOPPYY..The philanthropic landscape is constantly changing, whether because of changing tax laws,new investment practices, wealth and giving patterns or cultural shifts. We provide you adirect connection to this world, and the professional guidance that you require.

KKNNOOWWLLEEDDGGEE AABBOOUUTT SSUUCCCCEESSSSIIOONN..For many donors, the most important questionsare questions of succession – how to bring the next generation along on the journey.We understand the importance of these questions and have great experience and expertise to share with you.

We Give You Resources...to help you make the most of your experience

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A W O R D A B O U T T H E D O N O R S F O R U M O F N O R T H E A S T F L O R I D A

The Community Foundation serves as the host organization for The Donors Forum of Northeast Florida, an organization of donors like you who are interested in opportunities to grow and strengthen givingin the region.

Established in 1990, the Forum includes representatives of private, corporate and community foundations in Northeast Florida. Membership is open to any private, family, or corporate grantmaking foundation or advisor to an endowed fund at a community foundation.

The Donors Forum seeks to:

» Educate members and support the professional growth of grantmakers; » Providing opportunities for grantmakers to share ideas and experiences;» Grow philanthropy in Northeast Florida and support philanthropic response to critical community issues.

Through programs, community tours and site visits, and membership meetings, members of the Forumgain insight into community needs and issues and build relationships that can help inform and inspirefuture philanthropy.

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WeGiveYouPeaceofMind...to help you make the most of your experience

The board and staff of The Community Foundationare committed to the highest standards of professionalism and integrity. We routinely evaluate our internal operations and have beenrecognized as being in compliance with theCouncil on Foundations’ National Standards forCommunity Foundations — as indicated by thelogo that appears on all of our materials.

We are equally committed to providing exceptional service to our donors and grantees.We pledge to give you service that is:

Responsive.Prompt.Courteous.Accurate.Attentive.

We emphasize our ethics and our service becausewe see ourselves as stewards — stewards of thegifts that others give us, and stewards of thecommunity that we serve.

OUR VALUESPhilanthropy is based on values that guide us in putting assets to work for good, for ever. In support of our mission, The CommunityFoundation is committed to:

» Grantmaking that is fair and thoughtful.» Management that trusts and respects the

intent of donors.» Service to the community that is innovative

and creative.» Governance with integrity that puts

community above self.

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A W O R D A B O U T P E R F O R M A N C E

With more than $125 million in assets, The Community Foundation has access to some of the bestinvestment managers, allowing us to deliver returns that are highly competitive.

The bulk of the assets of The Community Foundation in Jacksonville are managed by HammondAssociates, institutional fund consultants based in St. Louis, Missouri. Hammond consults on morethan $37 billion in total assets held by foundations, higher education institutions, health care institutions, corporate and public retirement plans, and private wealth clients.

Hammond assumed management of The Community Foundation Portfolio in 2005. Since then, the portfolio’s returns have consistently been above benchmarks. For current information onfinancial performance, please visit the Foundation’s website at www.jaxcf.org.

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Connectingwith Others...The philanthropic journey is not only for individual donors. It also is for corporations, foundations, nonprofit organizationsand the professionals who help with wealth management.

CCOORRPPOORRAATTIIOONNSS can achieve their charitable giving goals through TheCommunity Foundation, avoiding the burdens of establishing a private foundation, and drawing on theFoundation’s considerable resources for asset management and grantmaking.

FFOOUUNNDDAATTIIOONNSS, likewise, can partner with The Community Foundation, accessingthe Foundation’s community knowledgeand grantmaking expertise, or findingalternative solutions to specific challenges.

NNOONNPPRROOFFIITT OORRGGAANNIIZZAATTIIOONNSS will find The Community Foundation an excellentresource for building endowment, accepting complex gifts or developingplanned giving strategies.

PPRROOFFEESSSSIIOONNAALL AADDVVIISSOORRSS – such as attorneys, financial planners, accountantsand others, will find The CommunityFoundation a great resource of options that can meet most clients’ needs, and aresource of knowledge about the field andthe ever changing regulatory environment.

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Join Us on the Journey...

Whether you are a newcomer to The Community Foundationor a long-time donor, we welcome you on this journey that is philanthropy.

Let us help you discover the satisfaction of investing in yourcommunity, making a difference in the lives of others, andcreating a legacy of giving for your family and loved ones.

Let us give you the –

» TIME » FLEXIBILITY» RESOURCES &» PEACE OF MIND

to make your philanthropic journey

The Journey of a Lifetime.

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About the PhotographsThe Community Foundation in Jacksonville is based in Northeast Florida, an area of diverse natural beauty, captured by local photographer Will Dickey (www.willdickey.com).

Cover – Marker 24St. Johns River, Jacksonville

Page 1 – County Dock ThunderheadSt. Johns River, Jacksonville

Donors Joan and Jim Van Vleck and daughters(courtesy of the family)

Pages 2 & 3 – Jet StreamFernandina Beach, Florida

One of Jacksonville’s young readers. (Tucker Littlepage)

Pages 4 & 5 – Winged VictoryMemorial Park, Riverside neighborhood,Jacksonville

Student at Hope Haven Children’s Clinic and Family Center and clients at Clara White Mission, both supported by the Foundation. (Laird)

Pages 6 & 7 – Castillo de San MarcosSt. Augustine, FloridaA sampling of artists who have benefitedfrom the Foundation’s grants. (Laird)

Pages 8 & 9 – Fernandina PierFernandina Beach, Florida

Volunteer and client of Hart Felt Ministries(Laura Evans) and student at Hope HavenChildren’s Clinic and Family Center (Laird)

Pages 10 & 11 – Downtown PanoramaJacksonville

Delores Barr and J. Wayne Weaver; SherryMagill and Gabriel Abdullah, all membersof the Donors Forum of Northeast Florida.(Laird)

Pages 12 & 13 – Little St. Marys RiverFlorida-Georgia border

Page 16 – Sunrise PierJacksonville Beach, Florida

BegintheJourney.

T121 West Forsyth St.Suite 900Jacksonville, Florida 32202T 904.356.4483F 904.367.7910www.jaxcf.org

A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION OF THE COMMUNITY FOUNDATION, INC. MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE WITHIN THESTATE (1-800-435-7352). REGISTRATION DOES NOT IMPLY ENDORSEMENT,APPROVAL OR RECOMMENDATION BY THE STATE. REGISTRATION NO. CH2304