20 20 R E P O R T T O T H E C O M M U N I T Y
Jacklyn Laflamme is an award-winning artist whose murals and other public arts projects enliven communities all across Broward. She created her BE BOLD painting at our 2019 Community Builder Celebration. Her colorful work is featured throughout this report.
OUR IMPACT AT A GLANCE 479 $49.6 million $12 million
Charitable Funds created by generous philanthropists and managed by the Community Foundation.
Total new gifts and planned/estate gift promises to the Community Foundation in 2019-2020.
Total granted from charitable Funds in 2019-2020.
Total granted from charitable Funds since the Community Foundation was established in 1984.
Total assets – our philanthropic muscle – managed by the Community Foundation and made possible by our visionary Fundholders.
37 168 $335 million Top 100
Number of Community Builders – philanthropists who have created an endowed charitable Fund of $1 million or more.
Number of Legacy Society Members – philanthropists who have included a gift to the Community Foundation in their will/estate plan.
Total amount of planned/estate gifts promised to the Community Foundation by our Legacy Society Members.
We are ranked among the nation’s top 100 community foundations and moved up to 87 in 2020.
We gratefully acknowledge our friends who make this publication possible:
Harry T. Mangurian, Jr. Foundation, Inc.
1 | BOLD WAY FORWARD
(Fiscal year data as of June 30, 2020)
A MESSAGE ABOUT OUR BOLD WAY FORWARD This has been a year of dramatic change for our community, and the Community Foundation of Broward is charting a bold way forward. As the pandemic changes life as we know it, support from our Fundholders enables us to provide critical immediate relief for struggling residents. And through the power of our endowment, we invest in long-term solutions to help Broward bounce back, better than ever. In addition, a renewed call for social justice has triggered a deeper look at ways to overcome racism. By reaching out and forging new collaborations, we continue to create strategies for healing and opportunities for more residents to achieve success. Linda Carter’s amazing leadership made sure the Community Foundation was ready to step up during these challenging times. And following her retirement in June after 23 years of dedicated service, Linda continued to lend her expertise to ensure a smooth transition and help launch an exciting new era at the Community Foundation.
2 | BOLD WAY FORWARD
This year demonstrates what bold local philanthropy can do and how Broward needs it now more than ever. Thanks to the bold donors who partner with us to support the place we all call home, the Community Foundation will be there to tackle Broward’s big challenges – during this crisis and beyond.
Jennifer O’Flannery Anderson, Ph.D.,
“The Community Foundation of Broward has proven that the power of philanthropy can deliver solutions to Broward’s biggest challenges.” – Linda B. Carter
“This is a pivotal moment for our community and the Community Foundation will lead the way to help shape a brighter future.” – Jennifer O’Flannery Anderson, Ph.D.
After Linda retired, she and Jennifer teamed up over the summer for strategy sessions to ensure a smooth transition during these times of big changes for our community and the Foundation.
BOLD NEW ERA
– President/CEO 1997 - 2020
– Started as President/CEO August 2020
Linda’s Lasting Impact
Jennifer’s Leadership Experience
• The Community Foundation was the first in Florida
• At Nova Southeastern University, Jennifer as Vice
to achieve national accreditation, Foundation assets
President of Advancement and Community
grew from $20 million to more than $200 million,
Relations created strategies to raise the school’s
and grantmaking has reached $12 million annually
profile, engage the community and grow
to support innovative solutions.
Jennifer O’Flannery Anderson, Ph.D.
• Community Foundation collaborations helped
• Helped lead NSU’s first capital campaign, which
decrease HIV/AIDS infection rates among newborns,
initiated foster care reform, boosted high school
• Before NSU, Jennifer was Vice President of
graduation rates, and more.
Community Engagement at Florida Atlantic
• Led by a talented team of highly skilled
University, Executive Director of the FAU
professionals, the Community Foundation of
Foundation and was the first female President and
Broward now ranks among the top 100 community
CEO of United Way of Broward County.
raised $267 million in philanthropic giving.
3 | BOLD WAY FORWARD
Linda B. Carter
BOLD ACTION OUR CORONAVIRUS RES The Community Foundation is at the forefront of helping Broward residents face the far-reaching effects of the coronavirus crisis.
CRISIS RESPONSE SNAPSHOT
When the pandemic hit in March, we launched an extensive outreach to front-line nonprofits, community leaders and our Fundholders to assess Broward’s most pressing needs. We formed dynamic collaborations and created new strategies to get help to those who needed it most.
March – August $5.4M in Support From the Community Foundation
$1,251,440 Financial Assistance $1,215,347 Food
4 | BOLD WAY FORWARD
During the first five months of the crisis we provided more than $5 million in emergency pandemic response. That includes: • More than $3 million in immediate crisis response, through grant flexibility, emergency grants, funding partnerships and other crucial support. These critical resources help feed people in need, stabilize families facing homelessness, engage isolated seniors, provide online counseling to residents in crisis and much more. • An initial $2 million to fuel long-term solutions to the pandemic’s effects on Broward’s Issues That Matter – which include help for struggling families, our seniors, local schools, the arts, our environment and other critical issues that affect us all and are vital to Broward’s future. And we are just getting started. Thanks to visionary philanthropists with charitable Funds at the Community Foundation, we will always be there for Broward – during this crisis and beyond.
$1,858,918 Health/Medical $850,495 Housing Assistance
LEARN MORE Visit our pandemic response webpage, cfbroward.link/Coronavirus
$228,864 Food/Shelter for Animals
ESPONSE EXAMPLES OF OUR BOLD IMPACT
KEEPING FAMILIES IN HOMES: As the economic crisis creates more financial hardships for Broward residents, an emergency grant enables Neighborhood Housing Services of South Florida to keep 69 low-income local families from getting evicted and becoming homeless.
RECONNECTING FAMILIES: Seniors isolated by stay-at-home orders are reconnected with loved ones through video chats and other online activities, thanks to easy-to-use internet access added to their TVs with our support for the Goodman Jewish Family Services of Broward County.
FEEDING RESIDENTS IN NEED: Emergency grant for Harvest Drive Inc. to deliver bags of food to 800 struggling families.
CONNECTIONS TO RELIEF: Support to help the 2-1-1 Broward helpline boost callresponse capacity to keep up with spike in residents calling to get food, housing help, counseling and other crisis-related essentials.
FACE SHIELD PRODUCTION: New 3D printers and supplies jump-start Florida Atlantic University’s production of 5,000 face shields to protect front-line workers and others in Broward.
COMBATTING SENIOR ISOLATION: Resources to enable the Daniel D. Cantor Senior Center to safely reopen for daily meals and activities, while also boosting its in-home services.
CANCER FIGHT SUPPORT: Critical aid for Jessica June Children’s Cancer Foundation to provide financial assistance to the families of children undergoing cancer treatment, helping them overcome financial hardships related to the pandemic. 5 | BOLD WAY FORWARD
REFUGE DURING CRISIS: Infusion of support to help the Women in Distress domestic violence shelter respond to growing needs during the pandemic.
BROWARD’S ISSUES THAT MATTER Broward’s Issues That Matter are 10 big challenges that affect us all and are key to a brighter future. Now, the far-reaching effects of the coronavirus crisis make each of these challenges more daunting. That’s because more families now struggle to put food on the table. More seniors are cut off from vital services. More students have fallen further behind. These are just a few examples of why Broward requires more local philanthropy to fuel long-term solutions. Our Fundholders take BOLD action on the Issues That Matter through grants from their charitable Funds, including Unrestricted Endowed Funds, Field of Interest Funds, Donor-Advised Funds and more. Now more than ever, Broward requires lasting support from charitable Funds to deliver innovative, long-term solutions – during this crisis and beyond.
ART OF COMMUNITY
Empower hardworking residents to move from struggling to thriving with a hand up, not a handout.
Ignite creativity, fuel community pride and connect people to each other by growing and sustaining the arts.
of Broward households live paycheck to paycheck – unable to save for financial emergencies.
$1,185,138 granted in 2019-2020 to help low-income residents learn new career skills, find jobs, attain affordable housing and more to become self-sufficient.
DIGNITY IN AGING
6 | BOLD WAY FORWARD
Create a better safety net of essential services that enables Broward’s booming 80+ population to live life to the fullest. Broward’s 80+ population
grow by 73%
will in the next 10 years.
Onset of pandemic causes
$30M financial hit
for Broward arts organizations, now struggling to stay afloat.
$448,477 granted in 2019-2020 for musical performances, vibrant murals, arts education, cultural festivals and more to embed the arts in more Broward neighborhoods.
$323,286 granted in 20192020 through a groundbreaking Dignity In Action funding collaboration, which provided more than $600,000 total for in-home care, transportation, new technology, support for senior centers and other ways to break through senior isolation.
SCHOOL IS COOL Transform middle schools – a crucial pivot point for student achievement – to boost high school graduation rate to 90%.
$1 million granted
in the second year of a three-year, $3M program targeting 10 middle schools – to help low-achieving students improve attendance, behavior and course performance.
ECO BROWARD Protect Broward’s fragile environment to create a more vibrant and resilient place to live for generations to come.
2-foot sea-level rise by 2060 expected to threaten Broward neighborhoods and our drinking water supplies.
$136,000 granted in 2019-2020 to plant thousands of trees, restore eroded beach dunes, and research the cost benefits of preparing Broward for sea-level rise.
Empower residents to access to health care, healthy food and opportunities for physical activity.
Save lives in Broward by advancing breakthrough clinical trials in South Florida and providing local cancer patient support.
Foster equality, inclusion and acceptance for Broward’s LGBTQ+ residents to ensure everyone in our community is welcome and can succeed.
2 out of 3 Broward
adults at increased risk of cancer, diabetes and heart disease due to obesity and inactivity.
2nd highest rate
Broward has the
of new cancer diagnoses in Florida.
$295,742 granted in 2019-2020 to increase access to life-saving clinical trials and provide transportation, counseling and other critical support for Broward cancer patients.
$206,288 granted in 2019-2020 to support healthy living outreach, where residents learn to navigate opportunities for health care and healthier eating.
YOUTH WORK Shape tomorrow’s workforce with hands-on experiences that empower Broward’s youth to build career skills.
in 2019-2020 for televised town halls, school programs, legal services and other support to promote inclusion and stop discrimination of LGBTQ+ residents.
Broward is #1
for the amount of same-sex households in Florida, yet discrimination persists.
Unemployment for Broward young people seeking work is
2x the rate for workers age 24+.
$480,851 granted in 2019-2020 for job coaches, help attaining
Support has helped raise Broward’s graduation rate from 77% to
88% and we’re not done.
ANIMAL WELFARE Ensure Broward’s animals, wild and domesticated, are treated with respect and can live safely.
animals in Broward need homes and care each year.
$186,545 granted in 2019-2020 for spay and neuter programs, expanded adoption outreach as well as shelter and animal hospital support.
7 | BOLD WAY FORWARD
internships and other programs where young people learn skills to land parttime jobs and build career skills.
Building permanent resources for our community. Providing guidance and philanthropic expertise. Supporting community engagement. Long before a pandemic reached our shores, we launched a bold movement to fuel solutions to Broward’s biggest challenges. Since 2018, the BE BOLD Leadership Campaign has sparked innovation and inspired new thinking. Through the power of endowment, the campaign creates permanent resources to tackle Broward’s Issues That Matter – challenges that affect us all and are key to a brighter future. Now, the effects of the coronavirus pandemic make all the Issues That Matter more daunting. Help for hardworking families, isolated seniors, struggling students, the arts – now more than ever, we need the BE BOLD Leadership Campaign to fuel solutions that keep pace with Broward’s growing needs. Already, the BE BOLD Leadership campaign has raised more than $164 million toward our $500 million goal. And we know we will get there, thanks to bold visionaries who step up for the community they love.
Dignity In Aging Funding Collaborative: Groundbreaking
collaboration with the Jewish Federation of Broward County, United Way of Broward County and The Frederick A. Deluca Foundation to create a better safety net for seniors. Broward Census 2020:
Countywide outreach effort to boost census participation in all communities, especially low-income residents, seniors over 80, families with young children and other hard-to-count populations. CARES Act collaboration:
Days after passage of the CARES Act coronavirus federal relief package we teamed with The Miami Foundation, The Jewish Federation of Broward County, United Way of Broward County, United Way of Miami-Dade and Berkowitz Pollack Brant Advisors + CPAs to help hundreds of South Florida nonprofits attain federal loans to sustain their crisis-response efforts. Broward Workshop: Leaders
8 | BOLD WAY FORWARD
By joining this bold movement and creating an endowed charitable Fund at the Community Foundation, local philanthropists cement a legacy of always being there for Broward – during this crisis and beyond.
representing 100 of Broward’s major businesses and professions who seek solutions to big challenges and promote cooperation to achieve countywide goals. Leadership Broward: Premier
local leadership training organization.
LEARN MORE - Visit www.cfbroward.org/be-bold - Call (954)761-9503 - Email email@example.com
Greater Fort Lauderdale Alliance: Economic development
organization that seeks to create and keep high-wage jobs and encourage investment in targeted industries that help make this a vibrant community.
“We are leaving a legacy and impacting future generations,” Dara Levan, Community Foundation Board Member and Fundholder. The Dara and Jarett Levan Fund for the Arts provides a lifeline of support to keep the arts going during the pandemic.
Coordinating Council of Broward: Creates collaborations
among business, government and nonprofits to improve health and human services in Broward. Association of Fundraising Professionals: This year we helped
lead an online discussion about ways to avoid “unconscious bias” that can affect local philanthropy. Nonprofit Executive Alliance:
Our staff and Board members are involved in civic leadership efforts all across Broward. Here are a few examples of how we have a “seat at the table” to help shape a brighter future for our community.
Southeast Florida Regional Climate Compact: Four-county
partnership to reduce greenhouse gas emissions, implement adaptation strategies and build climate resilience across Southeast Florida. Joint Tax & Estate Planning Seminar: Nearly two-decade
collaboration with the Jewish Community Foundation of Broward and United Way of Broward to provide cutting-edge presentations and networking opportunities for Broward professional advisors. Broward Cares: Strategic
collaboration with the Jewish Federation of Broward County and United Way of Broward County to provide local hurricane relief.
9 | BOLD WAY FORWARD
A SEAT AT THE TABLE
A coalition of more than 90 nonprofit executives in Broward, which has targeted ways to overcome fundraising shortfalls for nonprofits on the front lines of the local pandemic response.
COMMUNITY BUILDERS Bold leaders who establish endowed charitable Funds of $1 million or more at the Community Foundation to shape a brighter future for the community they love. Through the power of endowment, these 37 dedicated individuals, families and local organizations with their gifts fuel innovation and tackle issues that matter – today and forever.
Endowed gifts from these visionary Community Builders account for more than half of the Community Foundation’s assets – our philanthropic muscle.
OUR NEW COMMUNITY BUILDER LOUISE WEMYSS FUND FOR ANIMAL WELFARE COMMUNITY FOUNDATION of BROWARD
Louise Wemyss often said she helped animals because they couldn’t help themselves. And throughout her life, Louise was always there for animals in need.
10 | BOLD WAY FORWARD
Her dedication began with taking in strays as a young girl growing up in Richmond, Virginia. And her commitment to animals continued as an adult with her support for animal rescue. After she relocated to Fort Lauderdale and met her husband, James, – one-time owner of Vanity Fair Napkins – their elegant home always catered to their beloved pets.
When she passed, the endowed Louise Wemyss Fund for Animal Welfare was created through her estate plan. Thanks to her generosity and partnership with the Community Foundation, Louise’s legacy of helping animals in need will last forever.
Learn more about all of our Community Builders at cfbroward.link/CommunityBuilders.
OUR COMMUNITY BUILDERS JAMES C. ACHESON
LEONARD AND ANTJE FARBER
James C. Acheson Fund
Leonard and Antje Farber Endowment Fund
MARION T. AND PERCY P. ARCHIBALD
DOROTHY AND HAROLD FRANKS
Percy P. and Marion T. Archibald Fund
Dorothy and Harold D. Franks Funds
SALLY AND FRANK ATLASS
Sally and Frank Atlass Charitable Fund
Richard Frisby and Edward Burkhart Fund
BBX Capital Fund for the Arts
Gertrude Gray Memorial Scholarship Fund
JAMES I. CODDINGTON, JR.
James I. Coddington, Jr. Charitable
Marlene Holder Fund for Broward
FRANCIE BISHOP GOOD AND DAVID RANDY AND LARRY COTTER
Elizabeth Cotter Memorial Fund
Francie Bishop Good and David Horvitz
LIBBY AND JACK DEINHARDT
HUDSON FAMILY FOUNDATION
Libby and Jack Deinhardt Funds
Hudson Family Fund
11 | BOLD WAY FORWARD
Fund for the Arts
FREDERICK W. JAQUA
EVERETT H. METCALF, JR.
Frederick W. Jaqua Fund
Everett H. Metcalf, Jr. Unrestricted Fund
HARRIET AND JACK KAYE
Jack and Harriet Kaye Fund
Rose Miniaci Family Fund
GINNIE AND DICK KEARNS
JIM AND JAN MORAN
Kearns Family Foundation Fund
Jim and Jan Moranâ&#x20AC;&#x2122;s Family of Funds
STEPHEN A. KELLER
MARY N. PORTER
Stephen A. and Ethel L. Keller Funds
Mary N. Porter Funds
KIWANIS CLUB OF FORT LAUDERDALE
JOHN H. RAU
Kiwanis Club of Fort Lauderdale
John H. Rau Space Education Fund
Charitable Fund Kiwanis Club of Fort Lauderdale
12 | BOLD WAY FORWARD
ELAINE AND JON KRUPNICK
GLORIA AND ALVIN ROSS
Krupnick Family Fund
Alvin and Gloria Ross Community Care
Elaine Krupnick Fund for the Arts
LOUISE B. AND JOSEPH S. RUMBAUGH
Mary and Alex Mackenzie Community
Joseph S. and Louise B. Rumbaugh Fund
CAROLE AND STEVE SCOTT Scott Family Fund
EXAMPLE OF BOLD IMPACT MARY AND ALEX MACKENZIE COMMUNITY IMPACT FUND
FRANCIS A. AND ADELINE M. SINES
COMMUNITY FOUNDATION of BROWARD
Francis A. and Adeline M. Sines Memorial Fund
HELEN WYATT RUST STOYKOV
2020 Fund balance: $14.2M
Helen and Frank Stoykov Charitable Endowment Fund
MILDRED TALKWICZ Mildred Talkwicz Charitable Fund
ELAINE AND DR. ERWIN M. VASQUEZ
To Date: 212 grants awarded totaling $7M
2008: Fund created with a $12.1M gift
Elaine and Erwin M. Vasquez, M.D. Family Foundation Fund
MAY JEAN AND LOU WOLFF Lou and May Jean Wolff Family
Endowment empowers BOLD impact to continue to grow.
ANONYMOUS (2) Two philanthropists have created Funds to support Browardâ&#x20AC;&#x2122;s growing and changing needs. The Foundation honors their requests to remain anonymous.
13 | BOLD WAY FORWARD
Legacy Society Members are BOLD, forward-thinkers who will shape Broward’s future through their estate gifts to the Community Foundation. They believe in the power of endowment and they partner with us to transform the community they love. Through their estate gifts, they create endowed charitable Funds that ensure their BOLD impact continues forever.
14 | BOLD WAY FORWARD
in planned/estate gifts are promised by 168 Legacy Society Members.
Suzanne Y. and Edward R. Allen
Jane N. Huston
Jennifer O’Flannery Anderson and
Jan C. Crocker
Paige and Steve Hyatt
Jan R. and James A. Cummings
Lesley Mitchell Jones
Jeannette Archer-Simons and
Diane and John Dalsimer
Emerson W. Kanode
Robert E. Simons
Carolyn Davis and Ned Black
Cindy and Laurence M. Kashdin
Carla and Giorgio Arra
Cathy and James Donnelly
William W. E. Ash III
Maggie and Jim Dunn
Victoria C. Kirby
Susanne and Marty Ellman
Walter W. Krueger
Ann M. Bederman
Doris D. Emmett
David B. Kyner
Lorraine and Gerry Farmer
Lynn and James B. LaBate
Muriel B. Biskup
Lawrence “Larry” S. Feuer
David C. Bland
Christine L. and Arthur W. Lambertus
Lisa A. Bonk
Louis and Janine Flematti
Ida and Raymond H. Leightman
Richard A. Bray
Diane and Angelo Gencarelli
Jean and Tom Giordano
Thomas H. Lindsey
Nancy L. Brown
Elisa R. and Barry H. Goldman
Beth E. Linzner
Anita and Ralph M. Byer
Mitchell E. Grant
Gabriele E. Magdanz
Cindy and Jim Caird
Barbara T. Gray
MP and James Malone
Melanie M. Camp
Wilson B. and Susan Greaton
Linda B. and R. Michael Carter
Virginia M. McCormick
Madelaine and Steven J. Halmos
Alex McCroson and Shawn Powell
Barbara R. Castell
Ed Hashek and John Jors
James D. McKenzie
Keith and Dot Cobb
Frank and Roberta Helsom
Jo Ann K. and Donald B. Medalie
William Victor Higdon
Daryl G. Miller
“I needed a partner to help me make the most of my charitable giving. Now I have peace of mind knowing that the Community Foundation will ‘mind the store’ on my behalf to ensure the organizations and issues I care about are supported forever.” Lesley Mitchell Jones Community Foundation of Broward Legacy Society Member
Eugene C. Smith and David A. Moon
Fred G. Smith
Kent and Carolyn Morgan
William C. Spencer
Nanette and Mark Olson
Patricia A. Stover
Sandy and Kenny Tate
Susan Nolan Palmer
Steven Jay Thor
Sarah and Scott Parker
Sondra R. Title
Ingrid and Brian Poulin
Ben and Barbara Tobias
Ann S. Powell
Gregory D. Unwin Moore
David E. Ratcliffe
Nancy and Dave Reierson
Sally J. Robbins
Hugh E. Root
Charles L. Verner
Amanda and Noah Rosenfarb
Janice Weintraub and Irwin Weideger
Charles L. Ross
Dixie E. Wheeler
Alice J. Rutten
John D. Ryan
May Jean Wolff
Franklin R. Schmidt
Steve and Carole Scott
Grace Dudleck Shepherd Marianne and Randolph J. Shine Patricia A. Shub Leslie Siegel
(As of June 30, 2020)
Community Foundation Vice President Sheri Brown and Legacy Society Members Greg Medalie, Jim Dunn and Maggie Dunn attend the 2020 Legacy Society Luncheon, held before the start of the pandemic.
15 | BOLD WAY FORWARD
Virginia I. and Thomas J. Miller
PROFESSIONAL ADVISORS COUNCIL The Professional Advisors Council is an elite group of attorneys, accountants and financial advisors who have referred clients who create charitable Funds at the Community Foundation. These wealth and estate planning experts understand that the Community Foundation is a go-to resource for meeting their clients’ charitable goals. They collaborate with the Community Foundation to help their clients make a bold impact by establishing a Fund today or through their estate plan.
of our Community Builders – philanthropists who create charitable Funds of $1 million or more – come from collaborations with professional advisors.
Frank T. Adams, Esq.
Cynthia Borders-Byrd, CPA
Mary Sue Donohue, Esq.
Louis C. Anderson, Esq.
Pamela A. Fau, CTFA
Peter Anderson, CFP®, CPFA, CEPA
Kathleen M. Casey, Esq.
Ralph L. Focaracci, CPA
Lowell J. Chick, CPA, MBA
John P. Friedrich, Esq.
Christina M. Cleveland, FA
Adam S. Goldberg, Esq.
Alan B. Cohn, Esq.
Deborah P. Goodall, Esq.
Richard G. Coker, Jr., Esq.
Katherine N. Guida, TO
Joan K. Crain, TO
Marie C. Hansen, TO
James B. Davis, Esq.
Douglas F. Hoffman, Esq.
David J. Diaz, CFP
Jennifer W. Jones
James M. Dolan, CPA
Robert B. Judd, Esq.
Frank B. Dolph III
Thomas O. Katz, Esq.
Dunwody White & Landon, P.A.
Louis C. Anderson Law Office, LLC
Woodforest Wealth Strategies/Raymond James Financial Services
Adan A. Aulet, Jr., Esq.
C Borders-Byrd, CPA, LLC
Aurora Private Wealth
Kathleen M. Casey, PLLC
Chick and Karo, CPA’s, P.A.
DG Law/Bridging Generations LLP
SunTrust Bank, South Florida, N.A.
Ralph L. Focaracci, P.A.
Friedrich & Friedrich, P.A.
MacLean & Ema, P.A.
Kaley N. Barbera, J.D., LL.M.
Merrill Lynch Wealth Management
Revis, Hervas, & Goldberg. P.A.
Snyder & Snyder, P.A.
Richard A. Berkowitz, JD, CPA Berkowitz Pollack Brant Advisors and Accountants
Coker & Feiner, P.A.
Jeffrey N. Blaze, CFP FDR Financial Group, Inc.
BNY Mellon Wealth Management
Judy B. Bonevac, Esq.
Judy Barringer Bonevac, P.A. 16 | BOLD WAY FORWARD
Tanya L. Bower, Esq. Tripp Scott
Merrill Lynch Wealth Management
Francis B. Brogan, Jr., Esq. Retired
James M. Dolan, P.A.
Ralph M. Byer
Merrill Lynch Wealth Management
Frank B. Dolph III & Associates
Goldman Felcoski & Stone, P.A.
The Northern Trust Company
The Northern Trust Company
Rudolf & Hoffman, P.A.
Olive Judd, P.A.
Katz Baskies & Wolf PLLC
“Collaborating with the Community Foundation helps my clients accomplish their philanthropic goals and deepens my relationships with my clients.” Kurt Zimmerman, Professional Advisors Council Chairman, Community Foundation Board Member, Fundholder and Legacy Society Member
Robert L. King, Esq.
Kenneth R. Mikos, Esq.
William A. Snyder, Esq.
Robin J. King, Esq.
Barry Mukamol, CPA, PFS, ABV, CIRA, CFE, CFF
Karen J. Spigler, CPA, Esq.
Robert L. King Law Office
Kenneth R. Mikos, P.A.
Snyder & Snyder, P.A.
Law Firm of Karen Spigler, LLC
Kapila Mukamol CPAs
Tracey Kinker, CPA
Tracey J. Kinker, CPA, P.A.
Cort A. Neimark, Esq.
William F. Sullivan, Esq. Portley and Sullivan
James B. LaBate Jr. Lake Management, LLC.
Peter A. Portley, Esq.
Eric W. Sulzberger, Esq.
Law Offices of Sulzberger & Sulzberger
Portley and Sullivan The Lacy Wealth Management Group/Merrill Lynch Wealth Management
Raymond J. Powers
Benjamin A. Tobias, CFP®, CPA/PFS, CIMA
Stephen J. LaForte
Christine L. Lambertus, Esq.
Carlos J. Reyes, Esq.
Emilie M. Tracy, Esq.
Jody Leslie, Esq.
Jennifer J. Robinson, Esq.
Charles L. Verner
Vladimira Libansky, Esq.
Charles D. Rubin, Esq.
Fifth Third Private Bank
Lambertus & Lambertus, P.A.
Leslie & McLaughlin, LLP
Robert L. King Law Office
Beth E. Linzner, Esq. Beth E. Linzner, P.A.
Powers & Disque, CPA, P.A.
Reyes Law Group, P.A.
The Northern Trust Company
Gutter Chaves Josepher Rubin Forman Fleisher Miller, P.A.
Gary L. Rudolf, Esq.
UBS Financial Services, Inc.
Emilie M. Tracy, P.A.
UBS Financial Services, Inc
Jo Ann Voight, CPA
Jo Ann Head Voight, CPA, P.A.
Rudolf & Hoffman, P.A.
Jack R. Loving, Esq.
Loving Scully Law Group, PLLC
Gregory J. Schaeffer
Patricia R. Voss, Esq. Patricia R. Voss, P.A.
Kristen M. Lynch, Esq. Lubell & Rosen
Barry S. Schinder, Esq.
John M. Walsh, JD
Fusion Analytics Investment Partners, LLC
Barry S. Schinder, P.A.
Anne B. MacLean, Esq. MacLean & Ema, P.A.
Ilene S. Schnall J.D., LLM
Misty Weinger, CPA/CFF, CVA Kofsky Weinger, P.A.
Ilene S. Schnall, P.A. Wells Fargo Advisors
David M. Scully, Jr., Esq.
Steven H. Woods, CPA
Keefe, McCullough & Co., LLP
Loving Scully Law Group, PLLC
Mass Mutual South Florida Agency 132
Jeffrey S. Selzer, Esq.
Christine Yates, Esq. Tripp Scott
Donald B. Medalie, Esq. Medalie & Medalie, P.A.
Barbara A. Shore, Esq.
Charles D. Zalakar, CTFA The Northern Trust Company
Barbara Ann Shore, P.A.
Greg Medalie, Esq.
Medalie & Medalie, P.A.
Jeffrey Shover Ameriprise
Kurt D. Zimmerman, Esq.
Zimmerman & Associates, P.A. Chairman of the Professional Advisors Council
17 | BOLD WAY FORWARD
Mark R. Maller
2020 BOARD OF DIRECTORS Distinguished executives and community leaders who drive the Community Foundation to create BOLD impact. When the pandemic hit, this dynamic leadership team stayed connected and continued to meet via video conferences to ensure that the important work of the Foundation didn’t skip a beat.
JAMES DONNELLY, Chair
CYNTHIA BORDERS-BYRD, Treasurer
James is founder and CEO of the Castle
Cynthia is managing member of C Borders-
Group. He is a CPA, entrepreneur and
Byrd, CPA LLC, with over 32 years of
philanthropist. He chaired the Community
experience providing external audit services.
Foundation’s BE BOLD Leadership
Cynthia served on FICPA’s executive
Campaign Committee, is immediate past
committee and as chair of the Florida Board
chair of the Broward Workshop and sits on
of Accountancy. She is a past board chair
the LeMieux Center for Public Policy board of
of Junior Achievement of South Florida and
advisors. James is an NSU Huizenga School
past treasurer of Delta Sigma Theta Sorority.
of Business Hall of Fame member, a South
She is currently serving as president of
Florida Business Journal “Ultimate CEO,”
the Fort Lauderdale Chapter of the Links,
the Sun Sentinel’s Excalibur Business Leader
Incorporated and a chair of the Board of
of the Year for Broward, and recipient of the
Accountancy Probable Cause Panel.
2019 Terry Stiles South Florida Leadership Award of the Greater Fort Lauderdale Chamber of Commerce.
KURT D. ZIMMERMAN, Secretary
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Kurt has practiced law for approximately 30
JULIET MURPHY ROULHAC, Vice Chair
years in the area of trusts and estates. He
Juliet is the Regional Director of External
Foundation of Broward Professional
Affairs for Florida Power & Light Company.
Advisors Council. He also serves on the
She is an attorney with over 25 years of
governing board of the Broward Performing
complex business litigation and appellate
Arts Foundation. He formerly served on
experience. Juliet’s prior experience includes
the governing board of the YMCA of South
work within the General Counsel offices of
Florida, was a “big brother” in Big Brothers
both the CIGNA and Prudential Property
Big Sisters of Broward, and is a Leadership
and Casualty Insurance Companies. Juliet’s
Broward graduate. Kurt is a graduate of
love of Broward County is seen through
the University of Michigan where he was a
her involvement with the Greater Fort
First-Team Academic All-Big Ten athlete. He
Lauderdale Chamber of Commerce, Broward
received his law degree from Vanderbilt.
Workshop, Greater Fort Lauderdale Alliance, and the Museum of Discovery and Science.
currently serves as chair of the Community
PAIGE HYATT, At Large
DORIA M. CAMARAZA
Paige is an engaged community leader in
manager for the American Express Company.
Broward County. Her volunteer leadership
She has been named an “Ultimate CEO”
roles include Friends of Jack & Jill
and one of the Most Influential Women in
Children’s Center, Florida House, University
Business by the South Florida Business
of Miami’s Forum on Women’s Health,
Journal. Doria is a board member and past
PAWS, Lauderdale Debutante Presentation
chair of The Urban League of Broward County
Committee, Memorial Hospital’s Pink
and a Broward Workshop board member.
Doria is senior vice president/general
Angels, and Fort Lauderdale Alumnae Panhellenic. She has been an ambassador
JAMES B. DAVIS
of the Foundation since its inception,
Jim is a shareholder at Gunster and Tax
supporting operational efforts and special
Practice group leader. He focuses on estate
interest fundraising over the years.
planning, employee benefits and entity taxation. Jim is rated Band 1 in Chambers
THOMAS R. OLIVERI, At Large
USA and is a Preeminent AV Rated attorney
Tom is senior market executive, Broward
professor at the University of Miami Law
County, of The Northern Trust Company. He
in Martindale. He serves as an adjunct
is responsible for a team of professionals who serve high net worth clients and
LOUISE F. DILL
families with comprehensive wealth
Louise is a retired bank executive with
management services incorporating
extensive sales and marketing experience in
investment management, trust and
private wealth management. She has served
banking. Tom is active in civic and not-
on the boards of numerous organizations,
for-profit organizations serving on the
including the NSU Art Museum and Broward
following Boards / Committees: Memorial
Center for the Performing Arts Foundation.
Foundation and Joe DiMaggio and Children’s
She currently serves on the board of the
Hospital Foundation (Chairman), Nova
Bonnet House Museum and Gardens and
Southeastern University Ambassadors
Funding Arts Broward. Louise provides sales
Board, Broward Center for the Performing
and marketing consulting services to the
Arts Board, Broward Workshop Board and
nonprofit and for-profit sectors.
the South Broward Hospital District Finance Committee.
EDWARD T. HASHEK in the banking industry leveraging
David, the president emeritus of Broward
technology. He worked with FIS, the world’s
College, brings his strong education
largest provider of banking and payment
background and deep community
technologies. Ed served as a Trustee for the
knowledge to this Board that provides
Milwaukee Art Museum, board president
leadership and distributes grants to tackle
of AIDS Resource of Wisconsin and board
Broward’s biggest challenges. Armstrong is
member of the Milwaukee Repertory
also co-chair for the Greater Fort Lauderdale
Theatre. He is currently on the board of the
Alliance Six Pillars Economic Program
Island City Stage Theatre.
and on the Broward Workshop Board of Directors. He was Broward College president from June 2007 to June 2018.
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Ed has more than 40 years of IT experience
J. DAVID ARMSTRONG JR.
STEVEN W. HUDSON
Marcell is an entrepreneur and business
Steven is president of Hudson Capital
executive, CEO of Thesis Holdings and
Group and a Broward County native. He
Founder & CEO of Encompass Onsite
is a Commissioner on the Florida Fish and
Solutions. A graduate of Leadership
Wildlife Conservation Commission. Steven
Broward, Marcell volunteers his time
is Chair of the Community Foundation’s BE
to mentor young entrepreneurs, was a
BOLD Leadership Campaign Committee,
former board member of Entrepreneurs
is past chair and longtime board member
Organization and the Sponsorship
of the Humane Society of Broward County
Committee for the Dolphins Cancer
and serves on the executive committees
Challenge. He is a board member of Holy
of Broward Workshop and the Broward
Cross Hospital and Broward Workshop.
Business Council on Homelessness. He
Marcell studied at Florida State University,
graduated from Southern Methodist
graduating Magna Cum Laude with a
University in Dallas, Texas with a Bachelor of
Master’s degree in Information Technology
Science degree in Business Economics.
and received continuing executive education at London Business School.
SUSANNE CORNFELD HUROWITZ Susanne is President of HB Capital Group,
DAVID W. HORVITZ
a privately-held, real estate investment and
David is the Chairman of the Board and
management company. She was formerly
CEO of South Ocean Capital Partners, and
President of SCH Consulting, which advised
previously Chairman of WLD Enterprises. He
nonprofit organizations on strategic planning
is a board member of United States Artists
initiatives. She was Director of Development
and a founder and former chair of the board
for Homes for the Homeless in New York
of Camp Boggy Creek. David is also on the
and has remained on the board for the past
board of The Lewis Prize, a grantmaking
15 years. Susanne is currently on the Boards
organization in the arts focused on music
of the Joe DiMaggio Children’s Hospital
education. He is the past Chair of the Board
Foundation/Memorial Hospital Foundation,
of Governors of the NSU Art Museum Ft.
Nova Southeastern University, the Institute
Lauderdale and was a Trustee of the Kresge
for Children and Poverty, and the Advisory
Foundation. David also served on the Boards
Board of NSU University School. Susanne
of Nova Southeastern University, the Miami
holds a BA from Tufts University and an
Music Association (Cleveland Orchestra
MBA from Columbia University.
Miami); and the Jewish Federation of Broward County. He is a graduate of Kenyon
ALICE LUCIA JACKSON
College and has a J.D. from the University of
Alice recently completed a 36-year career
in commercial real estate as senior vice president of Jones Lang LaSalle. Her honors include the 2017 Lifetime Achievement Award by her business peers, 2017 Magnolia United Way Leadership Award, 2009 Office Broker of
20 | BOLD WAY FORWARD
the Year and Power Broker from 2006-2015. She is a Leadership Broward graduate, a Tocqueville Society member and serves on the National Advisory Board for the Breast Cancer Research Foundation.
ANNE K. JOYNER
Anne formerly served as the agency
Dev serves as President of Merrimac
coordinator of Cities in Schools and co-
Ventures and Founder and Managing
owned a meeting and convention planning
Partner of Chieftain Residential. Prior to his
service. Anne served on the boards of
current roles Dev worked at Credit Suisse in
Stranahan House, Broward Outreach,
New York City. He has worked in the White
Greater Fort Lauderdale Film Festival, Junior
House and on the 2000 Gore/Lieberman
League of Greater Fort Lauderdale, Jack &
Presidential Campaign. Dev plays an active
Jill Children’s Center and the University of
role in the South Florida community and is
Miami’s Forum on Women’s Health.
currently involved with the Broward Center for the Performing Arts Foundation, Broward
College Foundation, Orange Bowl Host
Dara is a communication specialist, writer
Committee, Broward Workshop and the
and editor who publishes the weekly blog
and website, Every Soul Has A Story. She previously worked as a speech-language pathologist and has edited several published books. She is currently a member of the United Way of Broward County Tocqueville Society, Joe DiMaggio Children’s Hospital Foundation/Memorial Hospital Foundation Board, and a founding member of the Circle of Friends for the Alvin Sherman Library Research, Information, and Technology Center at NSU. Dara is a past board member of Young At Art Children’s Museum, I Care I Cure Childhood Cancer Foundation, and the Goodman Jewish Family Services of Broward County.
PEGGY HOGAN MARKER Peggy is a partner and president of Marker Construction Group. She is also partner in a family-owned commercial and residential development company based in New York and was previously Senior Vice President & Director of Development for an advertising agency. Peggy has a passion for helping to improve our community highlighted by her involvement with the Museum of Discovery County, Heart Gallery of Broward County, PAWS, SPARK, Save the Children, the Fire House Museum and 4Kids.
Top: Board Members Doria M. Camaraza, Susanne Cornfeld Hurowitz, Juliet Murphy Roulhac and Dev Motwami. Above: Board Members James Donnelly, Alice Lucia Jackson, Peggy Hogan Marker and Steven W. Hudson. (Photos taken in February, before the pandemic.)
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and Science, Humane Society of Broward
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PAST BOARD MEMBERS Suzanne Y. Allen
Wilson B. Greaton Jr.
Jack R. Loving
Ramon A. Rodriguez
W. George Allen*
Anne B. MacLean
Roy L. Rogers
Elliot B. Barnett*
Patricia L. Mahaney
Richard A. Berkowitz
Mark R. Maller
Francie Bishop Good
Steven J. Halmos
John W. Ruffin Jr.*
Gary E. Bitner
Frank E. Helsom
John C. McKeon
Maria T. Sanjuan
James J. Blosser
Robert J. Henninger Jr.
Cori Flam Meltzer
Nancy W. Blosser
Frederick L. Hicks
H. Kent Mergler
William L. Shillington
David W. Horvitz
Virginia I. Miller
Christopher L. Smith
Francis B. Brogan, Jr.
William D. Horvitz*
Frederick V. Miller*
William A. Snyder
Walter E. Howard
Joseph R. Millsaps*
Raymond C. Southern
Gale M. Butler
Albert J. Miniaci
George E. Sullivan
Edwin A. Huston*
Karen Mitchell Curran
William F. Sullivan
Barbara R. Castell
R. Stephen Hyatt
Margarita T. Castellon
Joseph E. Jack*
Maj. Gen. James W.
D. Keith Cobb
J. Kenneth Tate
Joan K. Crain
Nona L. Jones
Judith M. Thiel
Jan C. Crocker
Janet C. Jordan
Thomas P. Oâ&#x20AC;&#x2122;Donnell*
Norman D. Tripp
Jan R. Cummings
Robert B. Judd
A. Gordon Oliver*
Leslie C. Tworoger
Ward J. Curtis Jr.*
Thomas O. Katz
Jose B. Valle
Shaun M. Davis
Patricia R. Kearns
Charles L. Palmer
John B. Deinhardt*
Stewart R. Kester Sr.*
Douglas J. Von Allmen
Elizabeth C. Deinhardt*
James B. LaBate, Jr.
David E. Ratcliffe
John M. Walsh
Louise F. Dill
Christine L. Lambertus
Carlos J. Reyes
Steven H. Woods
Patricia Du Mont
Michael G. Landry
Katherine M. Eggleston
Raymond H. Leightman
Richard L. Engberg
Armando Leighton, Jr.*
Sally J. Robbins
Leonard L. Farber*
Jarett S. Levan
Bernardo B. Fernandez Jr.
George E. Gadson
Alan J. Levy*
Linda L. Gill
Marsha O. Levy
Daniel E. Gordon
Herschell Gordon Lewis*
COMMUNITY FOUNDATION STAFF Jennifer Oâ&#x20AC;&#x2122;Flannery Anderson, Ph.D. President/CEO firstname.lastname@example.org 954-761-9503 ext. 101
Annette Bauer Finance Manager email@example.com 954-761-9503 ext. 137
Sheri Brown Vice President, Community Impact firstname.lastname@example.org 954-761-9503 ext. 103
Dacia Cabo Executive Assistant/Office Manager email@example.com 954-761-9503 ext. 100
Carol Dorko Chief Financial Officer/ Chief Operating Officer firstname.lastname@example.org 954-761-9503 ext. 107
Kirk Englehardt Vice President, Marketing and Communications email@example.com 954-761-9503 ext. 105
Andrea Gregory Office Assistant firstname.lastname@example.org 954-761-9503 ext. 111
Amanda Kah Charitable Funds Services Manager email@example.com 954-761-9503 ext. 115
Mark Kotler Senior Director, Philanthropic Services firstname.lastname@example.org 954-761-9503 ext. 130
Justine Morgan Charitable Funds Services Director email@example.com 954-761-9503 ext. 110
Jennifer Powers Philanthropic Services Manager firstname.lastname@example.org 954-761-9503 ext. 113
â&#x20AC;? ndrew Reid A Communications Manager email@example.com 954-761-9503 ext. 102
Angelica Rosas Strategic Grants Manager firstname.lastname@example.org 954-761-9503 ext. 114
Abigail Symonds Marketing Manager email@example.com 954-761-9503 ext. 132
Nancy Thies Vice President, Philanthropic Services firstname.lastname@example.org 954-761-9503 ext. 106
23 | BOLD WAY FORWARD
Our highly skilled team of professionals is dedicated to helping local philanthropists make a BOLD impact for the community they love.
FINANCIALS ANNUAL GRANTS
As of June 30, 2020
INVESTMENT RETURNS Community Foundation of Broward
6.3% 5.9 % 5.1% 4.2%
$86M $4M $3M $37M
1990 2000 2010 2020
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As the size and scope of the Foundation have grown, so has the sophistication of our financial systems and internal controls. Clear responsibilities, independent decision making and separation of duties are some of the key parts that make the Foundation an outstanding fiduciary. T H E I N V E S T M E N T C O N S U LTA N T monitors each investment manager firmâ&#x20AC;&#x2122;s performance relative to their benchmark and peer universe. If returns are outside acceptable levels or structural change, such as manager turnover or if style drift occurs, a comprehensive review is triggered. Without confidence in a stronger future performance, the investment consultant suggests a replacement investment manager. THE INDEPENDENT INVESTMENT COMMIT TEE comprised of highly experienced business and financial leaders from the community, undertake quarterly performance reviews to monitor the portfolio and report back to our Board of Directors.
T H E B OA R D O F D I R E C T O R S is a fiduciary and approves and monitors the operational and grant budgets of the Foundation through monthly financial reports. The Board has complete oversight of the management of investments. T H E F O U N DAT I O N S TA F F provides comprehensive, accurate and timely back-office support. All investment activity including income, expense, realized and unrealized gain activity is allocated on a Fund level basis. All investment statements are compared to reports prepared by the investment consultant, and monthly financial reports are provided to the Board of Directors. T H E AU D I T C O M M I T T E E reviews the Foundationâ&#x20AC;&#x2122;s systems of internal controls regarding finance, accounting and legal compliance. Again this year, the auditors reported the Foundation has outstanding internal controls and financial practices.
Condensed Statement of
As of June 30, 2020
June 30, 2020
Risk Reduction Assets Inflation Protected Assets
Non US Emerging Market Equities
Domestic Small Cap Equities
Non US Developed Equities
ASSETS Cash $541,017 Investments 198,853,039 Bequests receivable 2,000,000 Pledges receivable, net 5,971,340 Assets under split interest agreements (Gift annuities) 1,130,936 Prepaid expenses and other assets 259,502 Other real estate 500,000 Property and equipment, net 145,520
Domestic Large/Mid Cap Equities
LIABILITIES Accounts and other payables $514,709 Grants payable 2,763,175 Deferred revenue and liabilities under split-interest agreements 622,146 Agency transaction payable (Agency Funds) 16,385,307 Total Liabilities $20,285,337
NET ASSETS (Fund balances) $189,116,017 TOTAL LIABILITIES AND NET ASSETS $209,401,354
Condensed Statement of
ACTIVITIES AND CHANGES IN NET ASSETS 12 Months Ended June 30, 2020
Hard Assets /Real Estate
REVENUE AND SUPPORT Contributions and bequests Net investment income Other revenue Total Revenue and Support
EXPENSES Community impact grants Management and general administrative Fundraising - Building Philanthropy for Broward Total Expenses Change in net assets NET ASSETS Beginning of year - July 1, 2019
End of year - June 30, 2020
$11,790,737 656,924 52,882 $12,500,543
13,209,844 997,299 927,766 $15,134,909 ($2,634,366) 25 | BOLD WAY FORWARD
A complete set of financial statements with accompanying footnotes and unmodified auditorâ&#x20AC;&#x2122;s report issued by Keefe, McCullough & Co., LLP, as well as IRS Form 990, are available for review at the Community Foundation of Broward office and on our website at cfbroward.link/Financials
The mission of the Community Foundation of Broward is to provide leadership on community solutions and foster philanthropy that connects people who care with causes that matter.
910 East Las Olas Boulevard | Suite 200 | Fort Lauderdale, Florida 33301 t 954.761.9503 | f 954.761.7102 | cfbroward.org | email@example.com
We were the first community foundation in Florida and remain among an elite group of community foundations nationwide to be confirmed in compliance with the National Standards for U.S. Community Foundations.
Publication Date: November 2020