2011 Annual Report

Page 1

focus on the future

2011 annual report


Focus on the Future

F

amily values, personal experiences, and a passion to make a difference influence every decision to give. We strive to be inclusive, responsive to new ideas and innovative in our thinking — all with the goal of providing a clear focus for your inspiration.

Our Mission

T

he Community Foundation serves and inspires people to build philanthropy for our region and to engage in our community.

Our Values

W

e work closely with donors and community partners to fulfill our mission by: • Promoting a regional perspective, • Developing and sharing community knowledge, • Collaborating towards common goals, • Demonstrating inclusiveness and respect, and • Achieving transparency, accountability and efficiency.

Contents

Lists

1 2 5 6 8 10 12 14 16

8

President and Chairman’s Letter Compassion Leadership Inspiration By the Numbers Financial Overview Supporting Organizations and Affiliates Board of Governors Staff and Volunteers

Please note that complete lists of donors, funds, grants and volunteers can be found on our website at www.tcfrichmond.org/11report.


President and Chairman’s Letter

T

he world around us is in constant motion. The circumstances that shape our lives, and those we serve, are changing at a rapid pace with each new day. As a result, The Community Foundation is more relevant than it has ever been before, offering a distinct perspective and steadfast commitment to the Richmond region. As a leading source of local philanthropy, TCF helps to cultivate relationships and advance effective strategies that contribute to the quality of life and future prosperity of our community. For more than 40 years, we have served as a catalyst, developing deep community knowledge and connecting donors with causes they care about. We apply the generosity of past generations to address today’s challenges and opportunities, just as the next generation continues to build endowment to address the needs of tomorrow. In 2011, we received $121 million in gifts, with donations ranging from $10 to multi-million dollar bequests. This signi­ficant growth brings into focus an increased opportunity to balance responsiveness to current needs with openness to new possibilities. By September, TCF’s Board will adopt an updated strategic framework to guide our community grantmaking and leadership investments. We have gained insights from area funders, nonprofit partners, donors and civic leaders to better define community issues and to determine TCF’s role as a collaborator in advancing the most effective solutions. We are also framing results and progress measures that lead to better outcomes for the region and all its citizens. The transition will be one in which community grants are made not only for their individual merit but also for their fit into a mosaic that seeks impactful and measurable change over time. Over the past year, we unfortunately lost three visionaries who helped chart the course for TCF. Booty Armstrong, Dee Pretlow and Elmon Gray set a high standard for civic leadership and philanthropy in our region and challenged TCF to adopt more proactive and innovative strategies in our effort to build a strong community for future generations. We are fortunate that their legacy to the community lives on, in part, through the Foundation. We would like to also acknowledge with deep appreciation Alice Goodwin and Lee Showalter, whose terms of service ended in 2011. The future is bright and opportunities abound. Now, more than ever, we are positioned to create lasting change within our community. We thank you for your partnership and look forward to working with you to fulfill our collective vision for a healthier, more vibrant region.

“ As a leading source of local philanthropy, TCF helps to cultivate relationships and advance effective strategies that contribute to the quality of life and future prosperity of our region.”

Darcy S. Oman President & CEO

John Sherman Jr. Chairman

The Community Foundation 2011 Annual Report • 1


Compassion

giving across generations John Markowitz, Kathleen Markowitz and Dot Moore

F

or John Markowitz, his mother Kathleen and his grandmother Dot, there are few occasions more important than when they are all together. Already a tight knit family, philanthropy has brought them even closer together. Giving back was modeled by John’s late grandfather, in part through a fund at The Community Foundation. Today, it is a tradition that is readily embraced across all generations of the family. Dot actively volunteered throughout her life, but now finds joy in seeing her children and grandchildren involved in helping others. Kathleen volunteers with organizations serving disabled persons and John is a proud big brother through the Big Brothers Big Sisters program. In addition, John is a member of the Richmond Giving Circle, where he works with other young professionals to learn about community needs and make a greater impact together. Over the years, John enthusiastically introduced his family to organizations he

learned about through the Richmond Giving Circle. His passion is contagious and his family has recognized him for it. John has emerged as their “in-house expert” on community issues. He facili­ tates an annual family meeting in ­September around his grandfather’s birthday and brings forth new ideas for discussion. Like so many other philanthropists, the family prefers to deflect attention away from themselves in favor of the organizations they support. This includes organizations like Gateway Homes, which was instrumental in providing support to a dear relative, and to the YMCA, where they have long been members and see firsthand the benefits of the YMCA’s community enrichment programs. “Generosity flows both ways,” says Kathleen, “and we have experienced it throughout our lives.” This is just one of many TCF families who, through their generosity, are planting the seeds for a brighter future.

“ The needs of our community are immense. Every act of volunteering or giving makes a difference, no matter how small.” — John Markowitz YMCA of Greater Richmond helps cultivate healthy, thriving children. 2 • The Community Foundation 2011 Annual Report




Leadership

transforming a community with passion and purpose Damon Jiggetts and Chris Moore

A

s Damon Jiggetts walks through   the bustling hallways of Peter Paul Development Center (PPDC), he is uplifted by what he encounters. A second grader stops the new executive director to show off a good grade on a recent math test, exclaiming that she wants to go to college to become an engineer. In a community with the highest concentration of intergenerational poverty in the City and where only 30% of those over age 25 have a high school diploma, she is one of 70 children served by PPDC who has been taught to work hard and exceed expectations. Damon represents emerging talent within the region’s nonprofit sector. With a balance of leadership, skill and vision, he is boldly mapping a path to a brighter future for residents of the East End. “Damon is a catalyst for change. A graduate of the Emerging Nonprofit Leaders Program, he has a strong background in community building and a knack for drawing on the strengths of

others,” said Chris Moore, PPDC board chairman. Damon understands that the renewal of the East End extends beyond the walls of the Center. It involves close ties with schools, families and community members. It relies on community-wide partnerships built on shared responsibility, accountability and honest conversation. The goal is to build healthy, thriving and connected communities. To that end, Damon envisions a community in which residents look beyond public housing to identify themselves proudly as one community—the East End. The Community Foundation is working in collaboration with area funders, nonprofits and civic leaders who share a common vision to transform the East End. TCF and its donors have invested more than $2.7 million in this work over the past three years. However, this is a long-term effort and, like Peter Paul Development Center, TCF is in it for the long haul.

“P eter Paul Development Center is a bridge to a different kind of future for the East End’s residents.” — Chris Moore

PPDC teacher Ms. Deroo with her students. The Community Foundation 2011 Annual Report • 5


Inspiration

guiding youth toward their dreams Wendy Wadsworth and Jamelle Wilson

D

o you allow yourself to dream? As adults, we encourage children to believe that anything is possible. But, isn’t it too often that we do not heed our own advice? For Wendy Wadsworth, a Spanish teacher at Hanover High School, reaching for your dreams is part of the curriculum. As a recipient of the R.E.B. Award for Teaching Excellence, Wendy saw her own dream come true. Over two consecutive summers, she traveled 500 miles across Spain by foot. She spoke different dialects to native and non-native Spanish speakers from across the globe. Most importantly, Wendy brought the whole experience home to her students, teachers and community. Celebrating its 25th anniversary in 2012, the R.E.B. awards program has distributed $2.6 million in professional development grants to public school teachers for their dedication to student achievement. As a result, teachers have mentored their colleagues, advanced to new positions and remained in the field longer. Students benefit from new and

innovative teaching methods and feel increased pride in their school. At The Community Foundation, we believe that education is the key to future success. With 56 scholarship endowments, we are the single largest source for scholarships in Central Virginia. We support enrichment programs that enhance a student’s educational experience, including performing arts through SPARC and outdoor learning through the Blue Sky Fund. We help to match young people with mentors through the Virginia Mentoring Partnership and connect students and their families with additional resources through Communities in Schools and the Great Aspirations Scholarship Program. Programs like these give teachers, students and families the power to think beyond today and into tomorrow. “It gives people the chance to really aim for something more,” Hanover Superintendent Dr. Jamelle Wilson said. And that’s just what The Community Foundation is all about.

“ There are immeasurable ways I have benefitted from this R.E.B. award. I will be able to share these vast experiences for many years to come.” — Wendy Wadsworth   Wendy Wadsworth hikes Spain’s Camino de Santiago with her daughter. 6 • The Community Foundation 2011 Annual Report



By the Numbers G ROW T H — ­ The following facts and figures illustrate TCF’s ongoing efforts to promote philanthropy, impact positive change and increase civic engagement in our community.

$121 million in gifts =

2

36 hours 6,453 donations $630,345 raised for 270 local organizations

1,077

nonprofits received grants in 2011

Cumulative Grantmaking Since 1968 1972 First Grants Awarded

$172.00

8 • The Community Foundation 2011 Annual Report

nd LARGEST

annual gift total in Foundation history

million in assets $$748$$$$$$ Ranked

#17

among U.S. based community foundations

2011

$595.7 million

2011 Grant Distribution

4% 4 23% 18%

Youth & Family Development Health Promotion & Access to Care Community & Economic Development

9% 5% 1%

Community Enrichment Religion & Other

Promoting Philanthropy & Strengthening Nonprofits


I M PACT ­— See below how our grant support contributes to positive community outcomes.

3,000

patient visits

were conducted in 2011 among Richmond City Health District’s four new Health Resource Centers, providing primary medical care to residents of the East End who otherwise may not have access.

FeedMore provided area children with

1,049,838

13.9% increase in community college enrollment

in Central Virginia over the past 5 years. By supporting a wide range of programs, TCF is helping to meet this demand and close the region’s achievement gap.

With support from TCF, Housing Opportunities Made Equal helped

2,216 families avoid foreclosure from 2009–2011.

meals and snacks

through the Kids Café, Summer Feeding and BackPack Programs last year.

20,345

volunteer hours

x $21.36

&

A record-breaking crowd of 200,000 attended the 2011 Richmond Folk Festival, a free community event supported by TCF for seven years and counting.

per hour

=

$434,569

The value of volunteer hours leveraged by TCF and HandsOn Greater Richmond

The Community Foundation 2011 Annual Report • 9


Financial Overview

I

n 2011, The Community Foundation experienced strong growth in all asset areas, positive investment returns, higher grantmaking and greater operating efficiency. The Foundation received $121 million in gifts, which in part fueled the asset growth and in part enabled an increase in grants awarded from $33 million to $48 million. The pace of new fund creation increased from 46 to 50, and a new supporting organization was added—The Pauley Family Foundation. Spider Management contributed to positive results through its stewardship of The Richmond Fund, through which the Foundation invests its assets. Investment gains of 3.29% outpaced the S&P 500 Index. Notably, the

tota l AS SE T S (in millions of dollars) $748 $619 $565

$248

2009

$282

$298

2010

2011

Supporting Organizations TCF

TOTA L G I FT S REC E I VE D

N E W F UND S E STABL I SH E D

TOTAL GR AN TS AWAR D ED

TC F GR AN T S UPPORT TO TH E PARTNERS H IP FOR NONPROFIT EXC ELLENC E

(in millions of dollars)

(703 total funds)

(in millions of dollars)

(in thousands of dollars)

$121

50 45

46

$48

$48

$200

$195

$200

2009

2010

2011

$33

$40 $30

2009

2010

2011

2009

2010

2011

10 • The Community Foundation 2011 Annual Report

2009

2010

2011


Foundation’s investment performance has exceeded this index over one, five and ten year periods, with the exception being the three year period that included an exceptionally strong market rally. Spider Management aims to produce consistent returns, resulting in outperformance when markets are flat or down, and underperformance during strong rally periods. The goal is to preserve capital and produce superior returns over long periods of time, which we believe is the right approach for stewardship of permanent endowments. Despite this growth in financial assets, the Foundation’s operating expenses continued to advance at a very moderate pace. Staff increased from 20.5 to 22 full time equivalents in order to continue high standards of due diligence and donor service. Our efficiency measures of core operating expenses as a percentage of grants, already one of the best in our field, improved from 5.29% to 5.03%.

EXP E N S E S

2009 2010 2011

TCF Core Operating Expenses

$1,998,570

$2,171,012

$2,421,998

18.5

20.5

22

4.16%

5.29%

5.03%

TCF Core Staff (FTE) TCF Core Operating Expenses As % of Total Grants

the richmond fund lP AS S ET ALLOC ATION

2011 IN VE ST M E N T P E R F ORM AN CE 1 Y E AR

3 YEA RS

5 YEA RS

10 Y E A RS

8.6% Credit

14.1%

9.71%

The Community Foundation S&P 500 Index

5.13% 3.29%

1.94%

2.9%

4.2% Cash

10.9% Real Estate & Real Assets

46.3% Equity

12.4% Absolute Return

2.1% -.03%

17.6% Private Equtiy/Venture

The Community Foundation 2011 Annual Report • 11


Supporting Organizations In 2011, The Community Foundation and its affiliates distributed $21 million in grants and scholarships. When combined with the grantmaking of our supporting organizations, total grants exceeded $48 million. Commonwealth Foundations The Community Foundation received its largest single gift in its history from Bill and Alice Goodwin in 1996, resulting in the creation of the Commonwealth Foundations. Grants are awarded to charitable organizations within the Commonwealth of Virginia, including educational institutions and nonprofits that broadly enrich the quality of life for area citizens. 2011 Grants : $18,314,045 Commonwealth Foundation for Cancer Research Bill and Alice Goodwin established the Commonwealth Foundation for Cancer Research in 2002 after witnessing several friends and family members battle with cancer. The Foundation provides funding to several institutions that show promising results in helping to move potential treatments for cancer from the laboratory to human trials. 2011 Grants : $6,380,0 0 0 Garland & Agnes Taylor Gray Foundation The Garland & Agnes Taylor Gray Foundation, named for the parents of former State Senator Elmon Gray, became a supporting organization in 1997. The Foundation continues the family’s tradition of giving by focusing on historic preservation, education and human services, with an emphasis on organizations serving Southside Virginia. 2011 Grants : $907,0 0 0 Jenkins Foundation The Jenkins Foundation was formed in 1995 following the sale of Retreat Hospital. Honoring the legacy of the hospital’s founder Annabella Jenkins, the Foundation is committed to providing compassionate care for the medically underserved. Grants are awarded in three strategic areas: access to community-based health care for the uninsured and underserved, substance abuse prevention and violence prevention. 2011 Grants : $1,772,0 0 0 The Pauley Family Foundation In June 2011, The Pauley Family Foundation converted into a supporting organization. Established by Stanley and Dorothy Pauley, the Foundation supports a broad range of charitable purposes in the Richmond region, with a focus on health and human services, arts and cultural organizations, and preservation and support of local history and local historical institutions. 2011 Grants : $230,0 0 0 R.E.B. Foundation Rudolph and Esther Bunzl formed a partnership with The Community Foundation in 1987 to launch an awards program recognizing the contributions of outstanding public school teachers. In 1988, the Bunzls converted their private foundation into the first ever supporting organization. The R.E.B. Foundation now supports the R.E.B. Awards for Teaching Excellence, the R.E.B. Awards for Distinguished Educational Leadership and annual grants to educational, cultural and social service programs. 2011 Grants : $575,650

12 • The Community Foundation 2011 Annual Report


Program Affiliates Partnership for Nonprofit Excellence Created in 2006, the Partnership for Nonprofit Excellence works to foster operating excellence among local nonprofits by bringing together the programs of Connect Richmond, Consulting Solutions, Hands on Greater Richmond, and Nonprofit Learning Point. These programs help to ensure that all volunteers, staff, and organizations across the region have access to high-quality professional development, networking and training opportunities, and access to resources critical to the success of Richmond’s nonprofit sector. Barbara J. Thalh imer & William B. Thalhimer Jr. Family Fund The Community Foundation has enjoyed a long and trusting relationship with the Thalhimer family, dating back to Barbara’s service on the founding Board of Governors. In 2006, the family converted their private foundation into a donor advised fund. Barbara and Billy’s children and grandchildren now advise the fund and will preserve their charitable vision by supporting religious (Jewish), educational, cultural and humanitarian organizations in the Greater Richmond area. 2011 Grants : $245,10 0

Regional Affiliates Gloucester Community Foundation In 2000, the Gloucester Community Foundation was created to serve preserve and enhance the quality of life in Gloucester County through philanthropy. A local advisory board oversees the work of GCF. Total Assets: $2.6 million Total # of funds: 26 2011 Grants : $215,338 Mathews Community Foundation The Mathews Community Foundation was created in 1999 to build community endowments that will serve to strengthen the social, educational, cultural and environmental fabric of Mathews County in perpetuity. A local advisory board oversees the work of MCF. Total Assets: $2.6 million Total # of funds: 58 2011 Grants : $208,838 River Counties Community Foundation In 1996, the River Counties Community Foundation was created to become the first regional affiliate of The Community Foundation. It has become widely known as a local philanthropic resource for both donors and nonprofits in Lancaster, Middlesex and Northumberland Counties. A local advisory board oversees the work of RCCF. Total Assets: $6.2 million Total # of funds: 54 2011 Grants: $286,685

Westmoreland

Northumberland

Richmond Essex King And Queen

Lancaster

Accomack

Middlesex New Kent James City

Gloucester

Mathews Northampton

York Surry

Newport News Hampton Isle of Wight Virginia Beach Suffolk

Chesapeake

The Community Foundation 2011 Annual Report • 13


2012 Board of Governors

John Sherman Jr. Chairman Retired Vice Chairman, Scott & Stringfellow

Farhad Aghdami Vice Chairman Partner, Williams Mullen

Thomas N. Chewning Treasurer Retired Executive Vice President and Chief Financial Officer, Dominion Resources

Lissy S. Bryan Secretary Community Volunteer

Maureen C. Ackerly Partner, Armstrong Bristow Farley & Schwarzchild

Karen Booth Adams CEO, Hot Technology Holdings

Austin Brockenbrough IV Managing Director, Lowe, Brockenbrough & Company

Thomas D. Byer Senior Vice President, UBS Financial Services Inc.

Thomas S. Gayner President and Chief Investment Officer, Markel Corporation

Iris E. Holliday Senior External Affairs Manager, Dominion Resources

John A. Luke Jr. Chairman & CEO, MeadWestvaco Corporation

E. Bryson Powell President, Midlothian Enterprises Inc.

Dee Ann Remo Founder & Managing Director, Heritage Wealth Advisors

Dianne L. Reynolds-Cane MD Director, Virginia Department of Health Professions

Pamela J. Royal MD President, Royal Dermatology and Skin Care

Ranjit K. Sen President & CEO, CXI Inc.

Stuart C. Siegel Retired Chairman of the Board, S&K Famous Brands Inc.

Mark B. Sisisky Managing Director, Caprin Asset Management

Robert C. Sledd Senior Economic Advisor to Governor Bob McDonnell

Thomas G. Snead Jr. Retired Chairman & CEO, WellPoint Inc., Southeast Region

Darcy S. Oman President & CEO The Community Foundation

14 • The Community Foundation 2011 Annual Report

William L. S. Rowe General Counsel Hunton & Williams


2012 Board Committees Au d i t Thomas G. Snead Jr., Chairman John A. Luke Jr. Ranjit K. Sen John Sherman Jr. D i str i b u t i o n s Lissy S. Bryan, Chairman Maureen C. Ackerly Karen Booth Adams Austin Brockenbrough IV Thomas N. Chewning Patrick R. Liverpool DBA Dee Ann Remo Pamela J. Royal MD Whitney Nida Van Der Hyde

D o n or S erv i ces a n d O u tre a ch Dianne L. Reynolds-Cane MD, Chairman Helen Kemp Phyllis Mutchnick John Sarvay Stuart C. Siegel John Sherman Jr. E xec u t i ve John Sherman Jr., Chairman Farhad Aghdami Lissy S. Bryan Thomas N. Chewning Thomas S. Gayner Dianne L. Reynolds-Cane MD F i n a n ce Thomas N. Chewning, Chairman Farhad Aghdami Austin Brockenbrough IV Iris E. Holliday Robert C. Sledd

G over n a n ce Mark B. Sisisky, Chairman Farhad Aghdami Thomas N. Chewning E. Bryson Powell Dianne L. Reynolds-Cane MD Stuart C. Siegel Thomas G. Snead Jr. I n vestme n t Thomas S. Gayner, Chairman Thomas D. Byer Mark B. Sisisky Thomas G. Snead Jr. Richard G. Tilghman Chris Williams T r u st O vers i ght Thomas D. Byer, Chairman Maureen C. Ackerly Lissy S. Bryan Michele A.W. McKinnon

Past Governors A. Marshall Acuff . . . . . . . . . . 2003-2008 Joseph L. Antrim III* . . . . . . . 1999-2007 Beverley W. Armstrong* . . . . 2001-2011 Jeannie P. Baliles . . . . . . . . . . 1993-2001 John S. Battle Jr.* . . . . . . . . . . 1968-1978 FitzGerald Bemiss . . . . . . . . . 1968-1972 Austin Brockenbrough III . . . 1991-2001 D. Tennant Bryan* . . . . . . . . . 1968-1986 Rudolph H. Bunzl . . . . . . . . . 1992-2000 Billy K. Cannaday EdD . . . . . . 2005-2006 Renard A. Charity MD . . . . . 2003-2005 Samuel A. Derieux . . . . . . . . . 1990-1998 Denise P. Dickerson . . . . . . . . 2000-2008 Carol S. Fox . . . . . . . . . . . . . . 1998-1999 W. Brooks George* . . . . . . . . 1978-1990 Alice T. Goodwin . . . . . . . . . . 2009-2011 Floyd D. Gottwald Jr. . . . . . . . 1986-1992 William M. Gottwald MD . . . . 1993-2002 Roger L. Gregory . . . . . . . . . . 1999-2000 Robert J. Grey . . . . . . . . . . . . . 1978-1983 Jorge Haddock PhD . . . . . . . . 2009-2010 William H. Higgins Jr. MD* . . 1968-1985 Sheila Hill-Christian . . . . . . . . 2007-2008 Names in bold are former chairmen * deceased

J.R. Hipple . . . . . . . . . . . . . . . 2003-2005 Adrienne G. Hines . . . . . . . . . 1981-1990 Waller H. Horsley . . . . . . . . . . 1999-2007 Jon C. King . . . . . . . . . . . . . . . 1992-2000 Abbot J. Lambert* . . . . . . . . . 1988-1992 Robert J. Lechner* . . . . . . . . . 1986-1995 John M. Lewis Jr. . . . . . . . . . . . . . . 2010 Patrick R. Liverpool DBA . . . 2009-2010 Frank G. Louthan Jr. . . . . . . . 1977-1989 Katherine N. Markel . . . . . . . 2002-2009 John L. McElroy Jr. . . . . . . . . 1996-2004 Michele A.W. McKinnon . . . . 2001-2009 C.M. Kinloch Nelson MD . . . 1985-1994 Robert F. Norfleet Jr. . . . . . . 1996-2005 E. Bryson Powell . . . . . . . . . . 1990-1998 Delores Z. Pretlow* . . . . . . . . 1994-2002 Panny Rhodes . . . . . . . . . . . . . 1991-1999 Paul H. Riley* . . . . . . . . . . . . 1984-1993 Walter S. Robertson III . . . . . 2000-2009 Robert P. Roper Jr. . . . . . . . . . 2007-2009 Gilbert S. Rosenthal . . . . . . . 1996-2004 Frances H. Rosi-Fife . . . . . . . . 1984-1993 William L.S. Rowe . . . . . . . . . 1979-1991

Frank S. Royal MD . . . . . . . . . S. Buford Scott . . . . . . . . . . . . E. Lee Showalter . . . . . . . . . . Herbert H. Southall* . . . . . . . Wallace Stettinius . . . . . . . . . . Gary M. Sullivan Jr. . . . . . . . . E. Armistead Talman MD . . . Fred T. Tattersall . . . . . . . . . . Barbara J. Thalhimer* . . . . . . Robert L. Thalhimer . . . . . . . Richard G. Tilghman . . . . . . . Guy T. Tripp III . . . . . . . . . . . Bruce W. Tyler . . . . . . . . . . . . Barbara B. Ukrop . . . . . . . . . . Jane G. Watkins . . . . . . . . . . . Anne M. Whittemore . . . . . . . Erwin H. Will Jr. . . . . . . . . . . . Fielding L. Williams* . . . . . . . Thomas S. Word Jr. . . . . . . . . Samuel S. Wurtzel* . . . . . . . . William L. Zimmer* . . . . . . . . J. James Zocco MD . . . . . . . . .

1989-1991 1968-1988 2003-2011 1972-1988 1986-1995 1997-1998 1996-2004 1999-2007 1968-1981 1981-1991 2002-2009 1986-1996 1991-1999 2000-2008 2001-2009 1978-1990 2001-2006 1968-1978 1992-2000 1971-1984 1978-1984 1995-2003

The Community Foundation 2011 Annual Report • 15


Staff If you would like additional information about The Community Foundation, including how to establish a fund or apply for a grant, please contact a member of our staff at 804-330-7400 or visit our website at www.tcfrichmond.org. E xec u t i ve M a n a geme n t Darcy S. Oman President & CEO C omm u n i c at i o n s & O u tre a ch Kimberly M. Russell Vice President, Communications Ashley E. Phillips Communications Associate F i n a n ce & Adm i n i str at i o n Karen W. Hand Senior Vice President, Finance & Administration Michelle A. Nelson Controller Jill A. Kelly Finance Officer Pavlina S. Siford Finance Officer Lindsay T. Bright Finance Associate Gita M. Ward Human Resources Manager Leslie E. Hannaford Office Manager

G r a n tm a k i n g & C omm u n i t y L e a dersh i p Susan Brown Davis Senior Vice President, Community Leadership Initiatives

Subremia L. Johnson Donor Engagement Assistant

Susan H. Hallett Vice President, Programs

R eg i o n a l Aff i l i ates Margaret M. Nost Regional Director

Elaine T. Summerfield Vice President, Programs Stacey L. Keeley Program Associate Michael D. Jones GiveRichmond Coordinator P h i l a n throp i c S erv i ces & D o n or E n g a geme n t Robert L. Thalhimer Senior Vice President, Philanthropic Services & Donor Engagement

Leah B. Forst Grants Management Associate

Margaret P. Owens Office Assistant, Mathews Community Foundation Pa rt n ersh i p for No n prof i t E xcelle n ce Melissa K. Hough President and CEO, Partnership for Nonprofit Excellence To view a full list of staff for the Partnership for Nonprofit Excellence, please go to www.pnerichmond.org.

Teri S. Lovelace Vice President, Philanthropic Services Amy E. Singleton Philanthropic Services Officer Lisa Pratt O’Mara Vice President, Donor Engagement Marcia A. Flaherty Donor Engagement Officer

Phillip S. Giaramita Jr. Office Coordinator

Volunteers We are extremely grateful for the 266 individuals who volunteered their time and helped guide our work over the past year. Thank you for your ongoing commitment to strengthening the Richmond and Central Virginia region.

16 • The Community Foundation 2011 Annual Report


Dedication

(Left to right) Campbell Ladd, John Hamlin, Sarah Ladd, Liza Hamlin, Booty Armstrong, Henry Hamlin, Edward Ladd

In Memoriam

Beverley (Booty) W. Armstrong Board of Governors 2001–2011 • Chairman 2009–2010

B

ooty Armstrong will be remembered as much for his passion for giving back to his community as he was for his smart and savvy business achievements. As a past chairman of The Community Foundation’s Board of Governors, he challenged the organization to step into leadership roles where TCF could add value to the community through its varied resources. Booty’s leadership was particularly recognized during the creation of TCF’s investment partnership with the University of Richmond and the implementation of the 2009 Safety Net Fund, used to help nonprofits meet increasing demand for services during the most recent economic downturn. Booty loved his community and his alma mater, the University of Virginia, and carried out these values through his own philanthropy. His commitment to bettering our region is also evidenced by his active participation on multiple nonprofit boards. Booty was an example of civic leadership and responsibility for all of Richmond and he will be sorely missed.

CREDITS Editor: Kim Russell, The Community Foundation Design: Literati Design

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with National Standards for

Custom Photography: Craig Anderson

U.S. Community Foundations.


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804 - 330-7400 Fax 804 - 330-5992 www.tcfrichmond.org

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