The Community Foundation of the Rappahannock River Region Newsletter Fall 2013 www.cfrrr.org
Foundation News
Paula Felder’s Example of Philanthropy Inspires Two New Funds Whether you call it “paying forward” or “paying back,” it’s an excellent example of contagious philanthropy that benefits our community. Marian and Hugh McCabe recently established two funds at The Community Foundation. They were inspired by the late Paula Felder who created the Anne Felder Fund and a fund now known as the Virginia Heritage Fund. Mrs. Felder died last year.
“Prior to her death, Paula told me she wanted to leave some money for me and encouraged me to start my own charitable fund. Like Paula, I care about those who find themselves in dire straits…those who are hungry, homeless, abused and more,” Marian McCabe said. Using their bequest, the McCabe’s established the Hugh and Marian McCabe Charitable Fund at The Community Foundation to address these community issues.
Mrs. Felder’s legacy of philanthropy began about 15 years ago when she was left a large bequest by a friend. Her advisors Doug Stewart and Conor Ashby recommended that she use The Community Foundation to contribute anonymously to local non-profits. After giving nearly $400,000 anonymously for a number of years, she eventually decided to reveal her identity and created a permanent fund in honor of her daughter Anne, who is intellectually disabled. Paula Felder knew first-hand what that type of disability can mean to families and she wanted to help.
However, that wasn’t all. The McCabe’s also established the McCabe-Felder Endowment, which honors and benefits the George Washington Foundation, by providing operational, research, scholarship and interpretive support.
Marian McCabe was Mrs. Felder’s research assistant from 2001 to 2009.
“This is the way that philanthropy ripples through a community. One person makes a gift, then another and another,” said Community Foundation Executive Director Teri McNally.
“I feel that Paula would be pleased with this fund. Paula and I both agreed that we were privileged to live in George Washington’s boyhood hometown…to walk the streets he walked,” Marian McCabe said. “It’s good to know that even after we’re gone, our legacy of giving will continue through these funds with The Community Foundation.”
We Love Our Community! Save the Date – December 4, 2013 The Community Foundation’s annual Ring In the Holiday party will be held Wednesday, December 4th. Join us for what has become known as the first big party of the holiday season. This year we’ll show our Love to the Community by paying tribute to the hundreds of individuals – donors and grantees, sponsors and guests – who make our region so vibrant.
‘All Trusts End at Some Point.’ Charitable trust converted to foundation fund The philanthropic wishes of a former educator and Stafford resident will be carried out in perpetuity, thanks to the cooperation between a local bank and two former Community Foundation board members. When George D. Taylor died in 1996, his estate established a trust “for needy college students of high scholarship standing who graduated from public schools in Stafford and Fredericksburg.” “George was known for the gardens on his property in the Hartwood area of Stafford. He was a delightful guy and highly respected for his knowledge about plants,” said Russell Roberts, a local attorney who handled Taylor’s estate. At the request of StellarOne Bank, Paul Simpson, another local attorney and former foundation board member, recently converted the trust at the bank into a charitable fund at The Community Foundation.
“All trusts must end at some point. By converting the trust to a fund at the foundation, we’re honoring Mr. Taylor’s wishes in perpetuity,” Simpson said. The idea of converting the Taylor trust into a scholarship fund at The Community Foundation was initiated by Kenny Whitescarver, an executive in the trust department at StellarOne and also a former board member of the foundation. “Kenny felt that the Community Foundation was far more suited to administer the annual scholarships since it already does that for many other scholarship funds,” Simpson said. “Each fund has unique criteria for choosing award recipients. There’s a lot of work in informing guidance counselors in the various high schools, soliciting applications and then assessing which students deserve the various scholarship.” After Whitescarver died in 2012, Russell Carter, VP and Trust Advisor at StellarOne, assisted with the transfer.
George D. Taylor “This is an excellent example of the important role that professional advisors play in helping philanthropists achieve their charitable giving goals,” said Teri McNally, Executive Director of The Community Foundation.
2013 Youth in Philanthropy Members
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“YIP provides leadership and philanthropy experiential learning for 43 teenagers from 9 different high schools. These students meet weekly to review grant requests from
area nonprofit organizations. To date over $100,000 has been given to youth-led or youth-served programs in our area.
Community Foundation Awards Over $100,000 in Scholarships Generous local donors have provided $107,783 in scholarships to 38 students who are attending college this fall. All philanthropic funds that provide the annual scholarships are administered by The Community Foundation.
“The Community Foundation now has 39 scholarship funds and each has its own criteria. Our awards committees were very impressed by the credentials of the applicants,� said Executive Director Teri McNally. The students live in the City of Fredericksburg and the Counties of Caroline, Culpeper, King George, Spotsylvania, Stafford and Orange.
Some scholarships are merit based; others are need and or merit based. Some focus on student athletes; others support a future field of study, like nursing or business. Some are available to seniors throughout the region; others are offered only to students in specific localities or schools. Applications open online December 1. www.cfrrr.org
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Grant Awards: Six-Month Retrospective Fund The Colangelo/ Phalen Family Legacy Fund
Grant Amount
Grantee
$ $
$300 $281
Children’s Home Society Rappahannock Big Brothers Big Sisters
The Alan F. Courtney Fund
$
2,000
The Salvation Army of Fredericksburg, VA
The Community Foundation’s $ 5,000 Town of Port Royal Community Enrichment Fund $ 2,000 Rappahannock Legal Services $ 5,000 Rappahannock Area Council for Children and Parents $ 5,000 Caroline Christian Health Center The Anne Felder Fund
$ $ $
4,500 2,375 3,125
RACSB - Rappahannock Adult Activities Hope Tree Family Services RACSB - Parent Education Infant Development Program
The Molly Gill Memorial $ 1,537 disAbility Resource Center Scholarship Fund The Duff McDuff Green, Jr. Fund $ 5,000 Caroline Family YMCA $ 3,149 Meadowview Biological Research Station $ 2,000 Central Rappahannock Heritage Center $ 5,200 St. George’s Episcopal Church $ 3,500 Riverside Foundation for the Performing Arts $ 2,500 Safe Harbor Child Advocacy Center $ 5,000 The Salvation Army of Fredericksburg, Virginia The Honeywell Charitable Fund $ 24,800 Fredericksburg Area Food Bank $ 60,000 SERVE $ 20,000 St George’s Episcopal Church - The Table $ 60,000 Greater Fredericksburg Habitat for Humanity $ 30,000 Micah Ecumenical Ministries $ 10,000 Hospice Support Care $ 30,000 Rappahannock Goodwill Industries $ 7,500 The Salvation Army of Fredericksburg, Virginia $ 10,000 Special Olympics $ 7,000 Humboldt State University $ 8,100 The Salvation Army of Bremerton, Washington $ 8,100 Kitsap Rescue Mission The Kallay Family Endowment Fund $ 750 Mary’s Shelter The William Lakeman Habitat for Humanity Fund
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$
10,216
Greater Fredericksburg Habitat for Humanity
The Community Foundation receives opperational support from many of its component funds including The O’Neill Family Legacy Fund. Thank you for helping sustain our work to enrich the community by promoting local philanthropy. Fund Grant Amount Grantee The Mahon Family Charitable Fund $ 899 The Presbyterian Church The Mary Wynn Richmond McDaniel $ 1,000 The Presbyterian Church Fund $ 500 Historic Fredericksburg Foundation $ 500 Fredericksburg Area Museum and Cultural Center $ 500 Garden Club of Virginia $ 6,000 University of Virginia at Wise The Rennie and Richmond McDaniel $ 2,380 Friends of the Rappahannock Fund $ 1,190 Rappahannock Big Brothers Big Sisters $ 1,190 The Presbyterian Church The Robert Cullen O’Neill Memorial Fund $ 5,000 Fredericksburg Counseling Services $ 5,000 Catholic Charities $ 5,000 Mental Health America - Recovery in Motion $ 5,000 Micah Ecumenical Ministries The Rappahannock $ 2,116 Rappahannock Big Brothers Big Sisters Big Brothers Big Sisters Fund The Nicky Seay Charitable Fund $ 1,000 Gari Melchers Home and Studio $ 4,000 Fredericksburg Area Museum & Cultural Center The Share Our Selves Fund $ 7,000 Mental Health America – Recovery in Motion The Stafford Junction Fund $ 771 Stafford Junction The Sullivan Family Legacy Fund $ 2,500 Falmouth Baptist Church $ 2,500 Mary Washington Hospice $ 1,500 Friends of the Rappahannock $ 1,000 The George Washington Foundation $ 2,000 The Presbyterian Church $ 500 Virginia Intermont College The Ukrop’s Endowment Fund $ 117,000 University of Mary Washington – Ukrop Fellows Scholarships $ 64,000 University of Mary Washington – College of Education The Elsie, Carroll and Willie Wheeler $ 2,388 Hospice Support Care Hospice Support Care, Inc. Fund The Elsie, Carroll and Willie Wheeler $ 2,388 Rappahannock Area Agency on Aging Rappahannock Area Agency on Aging, Inc. Fund
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Three Generations to Participate In The Hicks Family Fund When Ron and Nancy Hicks established a donor advised fund with The Community Foundation earlier this year, they decided to make it a family endeavor. They not only named their fund The Hicks Family Fund, their intention is for the whole family to participate in distributions each year. “Once a year we’ll get together with our children and the older grandchildren to select the charity or charities we want to support as a family,” Nancy Hicks said.
“Our kids have differing philanthropic interests and we recognize the needs of the community could change over the years, so we want to be flexible. It’s also a good opportunity for our grandkids to hopefully begin a lifetime of charitable giving.” Nancy Hicks said they chose to establish a fund with The Community Foundation because, “it was the easy thing to do. Besides, the fund will grow through the investments made by the foundation.” Nancy and Ron Hicks
The Community Foundation now administers over 100 charitable funds, valued at $15 million. Proceeds from these funds provide annual grants to nonprofit organizations and scholarships to deserving students.
8th Annual Baron “Deuce” P. Braswell Run Against Teen Violence
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Over 900 people pre-registered for the 8th annual Baron “Deuce” P. Braswell Run Against
Teen Violence. Proceeds support college scholarships to 4 area high school students.
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New, Retiring Board Members Welcome new members of the Board of Governors Please join us in welcoming Mike Kennison and Ben Maxwell, new members of the Board of Governors of The Community Foundation for the 2013/14 fiscal year. Mary Jane O’Neill and Harry Dickinson are also returning to the board. Kennison is a partner with PBMares, a regional accounting and business consulting firm. His areas of practice include tax, consulting and accounting services to closely held businesses, construction and real estate, government contractors and professional service firms. Kennison’s community involvement includes affiliations with the Fredericksburg Regional Chamber of Commerce, Rappahannock Economic Development Corporation, the Greater Fredericksburg Habitat for Humanity and the Fredericksburg Jaycees. “I chose to serve on the board of the Community Foundation because I have witnessed the positive impact this organization has on the local community. The foundation offers a flexible means for donors of all levels to give back to our own community and make a difference,” Kennison said. Maxwell is a financial advisor with Edward Jones in Spotsylvania. He was recently recognized with being in the top 1% of the international firm’s financial advisors. Maxwell currently serves as president of Hospice Support Care and is a member of the University of Mary Washington’s Estate Planning Council. “The Community Foundation merges two of my passions. First, I love to help families manage their financial affairs. I also love to give back to this wonderful community,” Maxwell said.
O’Neill is President of Cullen, Inc. She has two funds with The Community Foundation: The Robert Cullen O’Neill Memorial fund, a donor advised fund, and The O’Neill Family Legacy Fund, a designated fund. She currently serves on the Women and Girls Fund board and an ad hoc committee leading strategic planning efforts for the foundation’s board of governors. “I’m happy to rejoin the board because I love the work of the foundation and the dedication of the other members. These people know how to get things done for the community,” O’Neill said. “I’m impressed by the growth of the funds over the last few years and by the foundation’s ability to attract donors from a wide spectrum of the community.” “I’m excited to serve on the board again where I can help donors meet their charitable goals by establishing new funds, help provide good stewardship over the assets under management and help with distributions that make big impacts on our community,” Dickinson said. Being re-elected to the Board gives me the opportunity to serve with a group of extremely dedicated community leaders to make a difference in our region. Next to our church, the Community Foundation is my biggest civic commitment because what we do lets us look at needs in the region and help donors meet those needs Dickinson said. Farewell to Richmond McDaniel and Bern Mahon Retiring board members Richmond McDaniel and Bern Mahon leave an impressive legacy to the foundation. Both have served as board president and established family funds with The Community Foundation. McDaniel has also chaired the Fund Development Committee. Mahon has chaired the Investment Committee. Both were instrumental in helping the foundation strengthen its ties with area professional advisors. Their work in this area has led to the establishment of more charitable funds and further enhanced the foundation’s reputation.
Mike Kennison Partner PBMares
Ben Maxwell Financial Advisor Edward Jones
Mary Jane O’Neill President Cullen, Inc.
Harry Dickinson Partner Bowling, Franklin & Co., LLP
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We Love Our Community! 12th Annual Holiday Party The Community Foundation’s 12th annual holiday party is a critical source of operating support for its mission to increase charitable investment throughout our region. Wednesday, Dec 4th, 5:30 at Mill Race North – the home of The Community Foundation’s offices – 725 Jackson Street in downtown Fredericksburg.
Community Foundation “We Love Our Community” Sponsors Platinum Beveridge Seay, Inc. / Nicky Seay Cary Street Partners Cullen, Inc / Mary Jane O’Neill Sandy and Bruce Davis J. F. Fick, Inc. Hirschler Fleischer PBMares, LLP Sands Anderson Union First Market Bank / Union Investment Securities Wack General Contractor Gold Applied Technology, Inc. BB&T Wealth Cushman & Wakefield / Thalhimer Parties by Dori Zope Corporation
Wednesday, December 4th Mill Race North
Silver Atlantic Builders / Adam Fried Cooper Financial Group Douglas Cooper & Joshua Cooper Edward Jones Investments / Ben Maxwell Hallberg & O’Malley Financial Group Lucy and Wayne Harman HDT Global, Inc. Hilldrup Properties, Inc. Holmes, Riley & Associates of Merrill Lynch Johnson Realty Advisors, Inc. Peoples Community Bank Sterne Agee Virginia Partners Bank Bronze Mona and Jack Albertine Rob Billingsley / Northwestern Mutual Lauren and Tom Blalock Family Bowling, Franklin & Co., LLP Fidelity Bank Mortgage Flair Communications Mary Carter Frackelton The Hoffman Family / Fredericksburg Dr. and Mrs. Timothy J. Hughes JON Properties, LLC The Keddie Group / Davenport & Co. LLC Keystone Coffee and Auto Spa Mr. and Mrs. Marque LeDoux Mary Elizabeth and Pat McManus moussaka design & photography Mr. and Mrs. Gregory Mueller Parrish Houck and Snead, PLC PermaTreat, Inc. Roxbury Mills St Francis Animal Hospital / Dr. Stephen McAuliff Salon 730 Janny and Shane Simms Therapy Toolbox / Lindsay Coker Dickinson ThirdRail, Inc. Troung Rehabilitation Center Utility Professional Services, Inc. Fred & Tanya Howe Virginia Commerce Bank
Community Foundation of the Rappahannock River Region PO Box 208 Fredericksburg, Virginia 22404.0208 540.373.9292 www.cfrrr.org
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