Summer 2013 Newsletter of The Community Foundation of Middle Tennessee

THE NEWSLETTER OF THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE

Planned Giving Creating lasting legacies that benefit thousands

Childcare Nashville

Saving child care providers time and money through innovative shared service projects

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SUMMER 2013

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CONTENTS

BOARD OF DIRECTORS

Message from the Chair

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New Board Members

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Planned Giving: Creating intentional impact

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BOARD OF DIRE CTORS

Childcare Nashville: Saving time, money for child care providers

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Nashville Fashion Week: Moving fashion forward

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Ask Communications

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Nonprofit agency endowments

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The Sports Fund making a difference

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News Briefs

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Ms. Leilani S. Boulware Mrs. Agenia W. Clark Mr. Ronald L. Corbin Mrs. Jana J. Davis Mr. Rod Essig Mr. John D. Ferguson Mrs. Irwin E. Fisher Dr. Stephen F. Flatt Mr. Jay L. Frank Mr. Gary A. Garfield The Hon. Alberto R. Gonzales Mr. Carl T. Haley Mr. Henry B. Hicks, III Mrs. Carol O. Hudler Mr. Decosta E. Jenkins The Hon. William C. Koch, Jr. Mr. Don MacLachlan Mr. Bert Mathews Mr. Stephen F. Moore Mrs. Deborah Taylor Tate Dr. Stephaine H. Walker Mr. David Williams, II

BOARD OF TRUS T E E S

2013 CAPITAL CAMPAIGN REPORT GivingMatters.com's Capital Campaign Report announces current and anticipated campaigns to funders, provides information on recently completed campaigns, and tracks fundraising trends over time. In this year's issue, 80 Middle Tennessee nonprofits report on current capital campaigns, and an additional 137 report anticipated campaigns expected to launch in the next three years.

To view the Capital Campaign Report, visit GivingMatters.com.

SIGN UP for our email list for the latest news!

Go to CFMT.org and look in the top right corner of the website.

Connect with us through social media: Facebook.com/CommunityFoundationMidTN

O FFI C E RS Mr. Francis S. Guess, Chairman Mrs. Jerry B. Williams, Vice Chairman Mrs. Kitty Moon Emery, Secretary Mr. Charles W. Cook, Jr., Treasurer Ms. Ellen E. Lehman, President

Twitter: @CFMT

THE COMMUN ITY FOUN DATIO N OF MIDDLE TE NNE SSEE 3833 Cleghorn Avenue | Nashville, TN 37215-2519 615.321.4939 | toll free 888.540.5200 | f. 615.327.2746 CFMT.org | GivingMatters.com | NowPlayingNashville.com | ChildcareNashville.com

Mrs. Judy Liff Barker Mr. Jack O. Bovender, Jr. Mr. George N. Bullard Mr. Ben L. Cundiff Mr. Richard J. Eskind Mr. Farzin Ferdowsi Mr. Charles O. Frazier Dr. Thomas F. Frist, Jr. Mr. Joel C. Gordon Mr. Kerry Graham Mr. James S. Gulmi Mr. Aubrey B. Harwell, Jr. Mrs. Catherine T. Jackson Mr. Kevin P. Lavender Dr. John E. Maupin, Jr. Mr. Ralph W. Mosley Mrs. Donna D. Nicely Mr. Ben R. Rechter Mr. Michael D. Shmerling Mrs. Susan W. Simons Mr. Howard L. Stringer Mr. Charles A. Trost Ms. Deborah F. Turner Mr. Jack B. Turner Mrs. Betsy Walkup

Message From the Chair N o two days are the same,” is a popular phrase in the hallways of The Community Foundation. That is true of our work and also the charitable interests of our donors. Some donors come to us to relieve a tax burden, others come to us to make a planned gift; and there are those who are rooted in a particular cause, and those who want to make a difference and don’t know how.

The Community Foundation is deeply rooted in this community. Every day we assess the challenges and opportunities our community faces. For example, we created ChildcareNashville.com in partnership with child care providers to help parents find care, help people secure jobs, help raise the quality of the educators for hundreds of local kids.

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Francis S. Guess

Through the work of ChildcareNashville.com, and its sister programs ChildcareTennessee.com and Cooks Academy, we are helping centers remain focused on the best possible care for the children, while relieving administrative duties and saving money that can be reinvested in the program. We are focused on making these institutions and the kids they serve stronger while we ensure charitable dollars go further.

We are fortunate to have the agility to meet the needs of charitably-minded people who want to make a difference. Remaining nimble to the needs of our community is our strength; remaining focused on the intent of our donors is our cornerstone.

Following a reunion of our Legacy Society and connecting with donors who have planned gifts, we’re reminded of the impact these gifts have made over our history; creating lasting legacies for many caring individuals and benefiting thousands.

ChildcareNashville.com provides parents and guardians up-to-date information about child care centers, including current enrollment availability and what ages they serve. An interactive map displays exactly where the center is located. You can even schedule a tour of the center online – all in one place. Learn more on page 4 how this program is bettering our community.

Nearly 20 years ago, The Community Foundation received its first planned gift, a $10,000 bequest to the Alive Hospice Agency Endowment Fund. Since then, The Community Foundation has received planned gifts every year: more than 42 donors have contributed nearly $33 million through these types of gifts, ranging from $50 to $4.1 million.

We work diligently to meet your needs as our donors, and the needs of our community. We remain focused on the greater mission to enhance the quality of life in the 40 counties we serve by promoting and facilitating charity.

These gifts have helped fuel our ability to meet evolving community needs through our discretionary grant process and have grown our annual scholarship efforts.

On page 2 of this newsletter, you’ll meet some of our planned giving donors and learn why they came to us to fulfill their charitable goals.

If you care about our community, we hope to hear from you. We’re here to help you help others.

Sincerely, Francis S. Guess Chairman, The Community Foundation of Middle Tennessee

The Community Foundation Welcomes New Board Members

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he Community Foundation is honored to welcome three new members to its distinguished Board of Directors.

Thanks to our new members’ diverse fields of expertise, leadership experience and strong commitment to community, The Foundation will continue fulfilling its enduring mission to address Middle Tennessee’s needs and opportunities.

Jana J. Davis HCA, Senior Vice President Corporate Affairs

Rod Essig CAA, Agent

Dr. Stephaine H. Walker Vanderbilt University School of Medicine, Assistant Professor of Pediatrics

On the Web For more information about The Community Foundation’s newly appointed board members, visit CFMT.org. cfmt.org | 1

PLANNED GIVING What’s It All About?

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ou plan throughout your life. Everything from the day-to-day, to the career choices you make to meet goals and ensure financial security for your family. Why would you need to plan a charitable gift? For many of the same reasons: as you decide what you want to accomplish, taking thoughtful steps will make you more successful.

Planned gifts are many shapes and sizes. The beauty lies in this: it’s set up to make the most sense for you and the charitable causes close to your heart.

Since The Community Foundation received its first planned gift in 1994, realized planned gifts have given proceeds every year since, to create new funds or add to existing ones – ultimately, to help people give in personally meaningful ways. People like Mildred Zindler, the Rosenblums and more.

Ernest and Selma Rosenblum Fund for the Performing Arts Established date: 2008, and fully created in 2012 at the passing of Dr. Marvin Rosenblum

Ernest and Selma Rosenblum

Purpose To carry on a family tradition of support for nonprofits offering musical performances of the highest quality so that others in our community may be enriched by music.

They had eight children and often filled their house with music, song and dance.

Ernest was an accomplished violinist, and Selma played the piano. Together, Ernest and Selma supported music and the performing arts and considered them to be a vital part of life and of every person’s education.

This Fund carries on their tradition of support for nonprofits providing operatic and symphonic performances, so that others may be enriched as they were.

This is a Field-of-Interest Fund with an advisory committee comprised of several of Dr. Rosenblum’s nieces and nephews. In 2012, the first year of grantmaking from the Rosenblum Fund, $50,000 was awarded to Middle Tennessee performing arts organizations Why it came to be – a significant infusion of arts funding. It will Dr. Marvin J. Rosenblum named this fund continue as a permanent endowment providing for his parents, Ernest and Selma Rosenblum – annual grants to local nonprofits in the spirit of immigrants from Russia in the early 1900s and later owners of a general store in East Nashville. the Rosenblums’ legacy.

How it came to be Through a planned gift of an annuity naming The Community Foundation and the Rosenblum Fund as the sole beneficiary.

Rosenblum Family

Mildred B. Zindler Fund for Children Established date: 1995 Purpose To provide care, shelter, education and maintenance in health for needy children.

How it came to be Through a planned gift of a bequest in Mildred Zindler’s Will, specifying a charitable fund be established to focus on her charitable concerns.

Why it came to be The late Mildred Zindler, a Winchester, Tenn., native, was a woman who simply wanted

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to give back. Although she lived away from Middle Tennessee much of her life, working as a statistician with the U.S. Department of Labor, she came back to the area in 1990 to be with her sister.

To ensure that her spirit of charitable concern would continue after her passing, Mildred and her advisors turned to The Community Foundation in the early 90s to endow her generosity through this Fund. A bequest in her Will asked that a portion of Mildred’s estate be used to create this Fund, with proceeds directed toward caring for children in need, guaranteeing that Mildred Zindler’s legacy of kindness would continue long after her death in 1994.

“It is often said that meaning in life comes from creating something that will outlast you, and this certainly rings true from the testaments we know of Mildred Zindler’s life, her compassion and desire to help our neighbors in greatest need,” said Ellen Lehman, president of The Community Foundation. “The care and thought she put into designating her estate go on to support favorite causes is a perfect example of how planned gifts create community good and personal legacies in perpetuity.”

To date, this Field-of-Interest Fund, has made more than 60 grants totaling more than $122,000.

DONOR VIEWPOINT Why Adrienne Ames is Planning a Gift Through The Community Foundation

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arrived in Nashville 39 years ago as a student in Vanderbilt’s graduate nursing program and moved here permanently 36 years ago to begin working at Vanderbilt. I love this community – it’s my home.

I’ve always been closely connected to nursing and so have designated some of my assets to create a Clinical Nursing Institute for Excellence at Vanderbilt University Medical Center. Other causes I want to benefit include: health and human services; organizations assisting young women; care for natural resources and animals; end of life care; and thoughtful communications.

"Over the past 10 years or so, I have developed my estate planning.

I remembered hearing about The Community Foundation, and I thought, this is exactly where I need to go to talk about leaving a legacy. " I have identified charitable categories, and within each one, some specific organizations I want to benefit – the nice thing is, if over the years these organizations don’t have needs or don’t exist anymore, The Community Foundation will ensure these charitable dollars are used toward the same causes.

The draw for me is knowing my money will be used wisely and managed by experts who know how to apply it over the years. This is why I’ve chosen to leave a planned gift in my Will – my house and IRAs to The Community Foundation to set up a fund.

My ultimate hope is simple. I’ve been so fortunate.

I want to share what I have with the community.

— Adrienne Ames cfmt.org | 3

Childcare Nashville Saves Time, Money for Early Learning Community ahalia Howard wears a lot of “hats.”

As the executive director at Grace M. Eaton Child Care & Early Learning Center, when problems arise she is called to duty.

“Making sure our program runs smoothly, that means I have to take on additional roles,” said Howard. “If a sink needs to be unclogged, I put on my ‘plumber hat.’ If a job needs to be filled, I put on my 'HR hat.’ “ Those hats, and more, mean less time for children. That was until The Community Foundation's Childcare Nashville helped solve some of the time-consuming managerial work Howard is tasked with, in order to run a 3-star rated child care center.

Established in 2010, Childcare Nashville started as a shared services project between 12 Davidson County child care centers to reap the benefits of working together. Childcare Nashville services were developed in order to save nonprofit programs administrative time and money, to increase revenue and to improve overall program quality.

Now ChildcareNashville.com and its sister programs – ChildcareTennessee.com and Cooks Academy – are available to help child care providers throughout Middle Tennessee.

“The vision of Childcare Nashville is simple – we want to help make it about the children and families served, and help providers spend less time on the administrative pieces,” said Ellen Lehman, president of The Community Foundation of Middle Tennessee.

Though Howard’s days are still full, she now has more time for what really matters – investing time in children, instead of administrative tasks – thanks to Childcare Nashville and its products.

CHILDCARE NASHVILLE.COM ChildcareNashville.com is a convenient one-stop site of resources for child care providers, parents and job seekers in the early learning community.

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Child care providers post free profiles, which include facility photo, age-range, hours, education philosophy, and more. Parents are then able to search for child care by zip code and by age of child. Once they find the best fit, they can fill out an online form through the “Schedule a Tour” feature. Job seekers are also able to search for a rewarding career in child care through the website’s current job posts.

Child care program directors reap the benefits of connecting to parents and job applicants.

Photos by Michael W. Bunch

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CHILDCARE TENNESSEE.COM ChildcareTennessee.com is a members-only website for providers with a wealth of tools and services to help administrators manage their programs more effectively.

Examples of ChildcareTennessee.com features include: s Customizable templates of essential documents for operating a quality child care program. "A good employee manual is a must for a quality center but can be expensive to produce in both staff time and outside professional fees,” said Melba Marcrum, executive director for McNeilly Center for Children. “The website provides us templates on current employee policies, organized for easy use, allowing us to save both time and money." s Cost savings on products and services used by child care programs made possible by the power of bulk-purchasing.

For example, thanks to discounts from vendors, when purchasing supplies, furniture and materials for the classroom, Howard was able to save $749.

COOKS ACADEMY Cooks Academy takes the shared services approach to the kitchens of child care providers. Cooks Academy addresses one of the biggest challenges they face – feeding dozens of children while ensuring they receive a healthy, low-cost meal. Thanks in part to shared menus, Cooks Academy increases

the nutritional profile of the food served to children, while providing programs with cost and administrative time savings.

Cooks Academy offers menu software tools that create standard menus which provide nutritional, cost and other useful information.

Six times a year, cooks will come together for training seminars to work on a collaborative menu, learn healthy and safe food preparation techniques.

“Cooks Academy has been such a blessing to me and my children,” said Peggy Ladd, cook at Wayne Reed Christian Childcare Center.

For more information about these services, please visit ChildcareNashville.com, or contact Carolyn Hannon at 615-321-4939.

The “It” City Gives Back: Creativity Thrives in this Philanthropic Venture Third annual Nashville Fashion Week is a Hit

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reative work has an evolution. From a sketch to the first brush stroke to the finished canvass. Nashville Fashion Week is far from finished – as it sets out on a long-term charitable mission – but in its third year, the-one-of-a-kind local event showcased our city in its many colors, styles and layers of creativity.

From its start in 2011, Nashville Fashion Week (NFW) has grown its reach and evolved into a city-wide celebration of fashion and creativity. What hasn’t changed – as the event added new designers and shows and attracted increasing media attention – is the heart of the operation. One of the event creators, Connie Cathcart-Richardson explains:

“What we’re doing is making a difference. It’s about giving people a platform to show off their skills, their creative talent. It’s about the people – fostering relationships and this creative community.”

Each year NFW benefits the Nashville Fashion Forward Fund within The Community Foundation, established by Cathcart-Richardson and her co-creators who dreamed for years of a way to elevate and foster the city’s creative professionals. Proceeds from the Fund are used for an annual award to advance the career of select local talent with demonstrated experience in a fashion-related field.

In addition to Nashville Fashion Forward Fund supporting an annual award recipient, NFW’s reach is spreading throughout the week-long series of events – impacting young people’s lives exactly as Cathcart-Richardson always hoped. Participants in NFW are people with dreams of making it, of leveraging their creative talent whether they're a designer, hairstylist, make-up artist or model, to create a business and share their ideas.

Photos by Erin Hornsby

Model Caleigh Darragh is a prime example. Before winning a NFW MACS/AMAX model search last spring, high school student Darragh said she was just a normal teen – in school, working a part-time fast food job, and dreaming of a “oneday” seemingly far off modeling career from her Tennessee home. Since participating in the NFW 2012 show, she’s signed with a Los Angeles agency and had the chance to work in Asia and experience new cultures.

“Nashville Fashion Week was the beginning of what has been the most rewarding year of my life. For my first show I walked in the Parthenon; being in Caleigh Darragh front of Athena and opening for a designer was so moving to me. I get chills thinking about it still,” said Darragh. “When people support events like Nashville Fashion Week, they are supporting the models of Nashville to pursue their passions and reach their goals.”

Darragh is just one of many burgeoning, creative professionals grateful to be one step closer to a dream. Making dreams come true is, after all, part of what makes us Nashville, right? cfmt.org | 5

ASK COMMUNICATIONS Q & A with Communications Director,

Rebecca Finley

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early 10 years ago, Rebecca Finley joined The Community Foundation as its first fulltime staff member charged with creating and directing a strategic communications and marketing program. At that time, The Foundation managed roughly 400 charitable funds (today, it’s more than 900 funds); it was in the process of building GivingMatters.com and developing communitywide disaster-response plans.

Since then, The Foundation has undertaken significant growth and entrepreneurial solutions for donors and community, alike.

Q: WHAT ARE SOME OF THE OPPORTUNITIES AND CHALLENGES IN YOUR ROLE OF DEVELOPING PUBLIC RELATIONS AND MARKETING STRATEGIES HERE? A: The Community Foundation has many great stories to tell – our work is centered around creating customized charitable solutions for people and companies with diverse backgrounds and interests. It’s both a rewarding opportunity and a challenge to prioritize and focus the stories we have to share, and to ensure people understand the value of organized philanthropy throughout our messages.

Q: WHAT IS DRIVING THE COMMUNICATIONS AND MARKETING EFFORTS FOR 2013?

A: Last year, we did in-depth research to understand the needs and perceptions of those we serve – donors, nonprofits, tax/legal/ wealth advisors, and the community-at-large. Through online surveys and one-on-one calls, we gleaned significant insights to chart our course forward.

Nonprofits Turn to Agency Endowments with a Focus on the Future

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n today’s evolving charitable landscape, the Tennessee Wildlife Federation (TWF) knows that ensuring its stable financial footing is prudent and forward-thinking.

To show their commitment to planning for the future, the TWF established an Agency Endowment within The Community Foundation of Middle Tennessee. With the creation of the Tennessee Wildlife Federation Endowment Fund, the nonprofit organization will have an ongoing source of annual funds for its conservation efforts and youth engagement programs, such as Great Outdoors University, which provides opportunities for inner-city kids to access and experience nature.

Community Foundation Agency Endowment Funds are established by nonprofits to provide a lasting source of income, through The Foundation’s permanent stewardship. These funds provide nonprofits operational support now and for years to come. Our professional staff supports the agency in its efforts to grow its endowment. Also, anyone may make gifts at any time to an agency’s endowment fund.

Among several priorities, we’re working to simplify the message and give people a variety of ways to learn the impact we’re making. For example, our recent “Impact Report” is a new piece to do just that, available at CFMT.org.

“In addition to supporting our current goals, this endowment fund gives friends of the Tennessee Wildlife Federation another opportunity to support our future,”said Kendall McCarter, TWF’s chief development officer.

Q: SPEAKING OF STORIES, ON WPLN, THE LOCAL NPR STATION, YOU’VE BEEN CRAFTING THOSE OFT-HEARD MESSAGES FOR THE PAST DECADE. WHAT’S THE STORY BEHIND THE STORIES – DO YOU HAVE A FAVORITE?

s Protect an organization’s endowed monies to meet its future needs.

A: It would be impossible to name a favorite! These stories of our donors and their funds (and hundreds of others we haven’t gotten to tell) are what fuel our work, and we hope bring a smile to your face. Ultimately, we hope in sharing how The Foundation has created charitable solutions for them, you will be inspired to explore how your unique idea for making a difference could come true ... we’re here to help you do that!

s Increase investment yield, as endowments are pooled with The Community Foundation’s other funds to provide maximum return and lower fees due to the size of the total investment.

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Why would a nonprofit organization establish an Agency Endowment? s Provide a relatively constant stream of revenue for the operation of an organization. s Demonstrate long-range financial planning to prospective donors.

Interested in establishing an Agency Endowment for your nonprofit?

To get started or discuss questions, contact The Community Foundation’s Nonprofit and Endowment Liaison, Michael McDaniel, at 615-321-4939.

Sports Fund Makes Difference through First Round of Grants

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n Middle Tennessee, a range of issues threaten children’s well-being, development and future success. The Sports Fund of The Community Foundation of Middle Tennessee exists to ensure that children across this community can become part of a team – part of something that demands their best, rather than their worst.

By awarding funds to nonprofits and community programs that use athletics and team activities as a “hook,” The Sports Fund supports organizations that offer tutoring, provide a source of activity during after-school hours, and give kids a sense of belonging and guidance from coaches.

This year, The Sports Fund made its inaugural charitable grants to Middle Tennessee nonprofits providing quality programs for children and youth.

Antioch High School Girls Track Team

2013 Sports Fund Grant Recipients: ABLE Youth teaches children in wheelchairs the importance of complete independence, in part by introducing them to sports, which in turn leads to self-esteem, motivation, and a desire to excel.

Antioch High School Girls Track Team received a grant to help send the team to the prestigious Penn Relays in Philadelphia. In the High School Girls’ 4x100 Large Schools Heats, Antioch finished 17th out of the 247 teams that placed. They also participated in the High School Girls’ 4x400.

Backfield in Motion combines athletics and academics to inspire inner-city boys ages 10-18 to reach their maximum potential and become significant contributors to society.

Bethlehem Centers of Nashville promotes self-reliance and positive life choices for children and adolescents in Middle Tennessee through constructive after-school programming, including tutoring and athletics.

Challenged Athletes Playing Equally (CAPE) provides sports and activities for physically or mentally challenged persons in order to help ensure they are afforded equal benefits.

Charles Davis Foundation empowers inner-city youth and their families to reach their full potential through PEACE: positive, educational, athletic, cultural and economic development.

Girls on the Run inspires, educates and prepares girls for a lifetime of self-respect, positive relationships and healthy, active living.

Nashville Burners provides youth from diverse segments of the community the opportunity to excel in athletics, specifically basketball, at the highest level of competition, while learning to work as a team and to exhibit good sportsmanship.

Nashville Burners Will Cummings Jr., and Sports Fund committee member Cara Alexander

Nashville RBI uses baseball and softball and the power of teams to provide inner-city youth with opportunities to play, learn and grow, inspiring them to recognize their potential and realize their dreams.

Girls on the Run

On the Right Track provides opportunities for young people to participate in quality sports programs that enrich the mental and physical abilities of participants, as well as develop values which foster leadership, self-discipline and teamwork.

Ultimate Goal assists refugees, urban and lower economic families who are unable to participate in conventional soccer programs due to their lack of financial ability, available transportation, or limited cultural/community awareness of opportunities.

Youth Encouragement Services enriches the lives of Nashville children, helping them to develop academically, physically, spiritually and socially.

On the Web To donate or get information about future Sports Fund grant opportunities, visit TheSportsFund.org.

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"It was so wonderful to feel supported and loved by family and friends,” said Ellen Hollis. "It was an evening of awareness and education about mitochondrial disease, and we hope it leads to finding a cure."

On the Web For more information about the Hunt Michael Hollis Fund and to see a trailer of “Not a Statistic,” please visit TeamHunt.org.

The Community Foundation’s Annual Call for Grant Applications Middle Tennessee nonprofits are encouraged to apply for The Community Foundation of Middle Tennessee’s annual discretionary grant applications. Nonprofit grant guidelines and applications are available at CFMT.org. The application deadline is Aug. 1, 2013, at 4:30 p.m.

Grants will be awarded to nonprofit organizations across Middle Tennessee serving a wide range of causes, including: animal welfare, arts and humanities, conservation and preservation, environment, education, employment and training, health and human services, housing, and economic and community development.

The Foundation’s discretionary grant recipients will be announced in late fall 2013. All tax-exempt, nonprofit organizations applying for discretionary grants must be profiled on The Community Foundation’s online initiative GivingMatters.com.

Documentary Premiere Event in Franklin Supports Team Hunt When Ellen and Michael Hollis welcomed filmmaker Shelby Hadden into their lives to capture the challenging reality of raising a child with special needs, they hoped the project would raise awareness for mitochondrial disease. The film did – and much more.

“Not a Statistic,” a 36-minute documentary profiling the Hollis’ and their two-year-old son, Hunt, premiered to a sold-out audience on Thursday, March 14, 2013, at the Franklin Theatre. The film focused on Hunt, who suffers from mitochondrial disease, the family’s daily challenges, their fight to find a cure, and their passion to make a difference.

Giving Cards Offer Unique Gifts This Wedding Season As the calendar rolls into the summer months, The Community Foundation of Middle Tennessee’s Giving Cards let gift givers celebrate the love of couples during summer’s busy wedding season.

Through The Hunt Michael Hollis Fund of The Community Foundation of Middle Tennessee, the family presented a $10,000 check to the United Mitochondrial Disease Foundation. The grant will go towards a research project to find a cure for mitochondrial disease.

The Giving Card, an initiative of The Community Foundation, is a meaningful gift for memorable life occasions, allowing recipients to redeem the gift card to support a charitable cause they select, anywhere in the country. Giving Cards can be purchased in increments starting at $25 and are fully tax-deductible for the buyer.

A VIP reception, which was sponsored by The Bottle Shop and Kristen Winston Catering, was held before the presentation. Guests also got the chance to walk down the red carpet and have their photos taken.

There was a surprise musical performance by Laurie Killian Starr, Tambi Matich and Steve Fisk.

This summer, The Community Foundation is offering a wedding-themed card for newlyweds, among other designs including a birthday-themed card, a “thank you” card and more. Giving Cards can make any special occasion more meaningful, and are available in 15 different designs at www.cfmt.org/givingcards, or by calling 615-321-4939.

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The Community Foundation’s 2012 Snapshot of Grantmaking Through The Community Foundation’s customized philanthropic services, there are many ways donors can contribute and accomplish their charitable goals. In total, we offer six primary types of charitable funds to support nonprofits – unrestricted funds, field-of-interest funds, scholarship funds, designated funds, agency endowment funds and donor-advised funds.

The chart below illustrates how our grant pools are distributed and the amount of funding from 2012 (excluding scholarships).

Donor-Advised Funds $67 Million

$2.18 Millio

n

$1.

3M

illio

n

Designated Funds + Agency Endowment Funds Unrestricted Impact Funds + Field-of-Interest Funds

These are unaudited 2012 financials.

DONOR-ADVISED FUNDS

Kathy Ireland Touts Hard Work at Power of the Purse® When Kathy Ireland spoke to guests at the 15th annual Power of the Purse® on April 15, she acknowledged her modeling career may have brought her fame, but it was lessons she learned delivering newspapers as a girl that helped her more later in life.

Ireland's keynote address inspired luncheon guests with a message that through hard work, anything is possible. Since hanging up her swimsuit, Ireland’s design empire, kathy ireland Worldwide®, has grossed nearly $2 billion annually in retail sales.

Along with Ireland’s speech, Power of the Purse® co-chairs Coco Kyriopoulos and Suann Davis honored Colleen Conway-Welch for her contributions to Middle Tennessee. The event, held at the Schermerhorn Symphony Center, included a silent auction of more than 50 donated purses and the 2013 A Celebration of Women pictorial tribute book.

Proceeds support The Women’s Fund of The Community Foundation of Middle Tennessee and its annual grantmaking to local nonprofits.

Since its inaugural year, The Power of the Purse® luncheon has helped raise more than $1 million for The Women’s Fund, enabling the Fund to award grants to hundreds of Middle Tennessee nonprofits addressing needs from prevention of violence against women and girls to achievement of economic self-sufficiency.

The vast bulk of grants made in 2012 (and every other year) are made with input from our Donor Advisors whose funds, in many ways, resemble private foundations.

DESIGNATED FUNDS + AGENCY ENDOWMENT FUNDS The second category is grants from funds set up by nonprofits, or by donors who help support them, to serve as a steady source of annual income for that specific nonprofit and the work they do.

UNRESTRICTED IMPACT FUNDS + FIELD-OF-INTEREST FUNDS Third are the grants which are given once a year in response to applications we receive from Middle Tennessee’s nonprofits. Our volunteerrun Allocation and Distribution Committee last year had about $1,300,000 for Discretionary Grantmaking to address hundreds of applications from the 40 counties we serve. To ensure every dollar goes as far as possible and that every applicant has equal access to funding, grants are usually capped at $5,000 and each nonprofit may submit only one application.

On the Web To learn more about the how The Community Foundation offers flexible fund options to help donors based on their charitable priorities, visit CFMT.org. cfmt.org | 9

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