2022
Annual Report Connecting Philanthropy for Community Good Serving Allegany, Garrett, & Mineral Counties
2022 Board of Trustees PRESIDENT
Mirjhana Buck
VICE PRESIDENT Jeff Rhodes TREASURER
Griffin Detrick
SECRETARY Ray Morriss Stacey Boggs Joyce Flinn Martin Heise Pam Jan Marion Leonard
Many people think of a legacy as coming into existence after a life ends, but true legacy-building begins in the way a life is lived. At CTF, we are graced by countless examples of individuals who act with intentionality to leave an enduring impact on those around them. Over the past 16 years, the generosity of our donors has enabled CTF to invest more than $6 million in our region to enhance education and youth leadership, arts and historical preservation, recreation and a thriving environment, and health and wellness. Supported solely by contributions, CTF strives to grow stronger, more vibrant communities. In 2022, we granted $266,000 to nonprofits for important projects like literacy-rich summer youth experiences, expansion of robotics programming, a variety of art and historical events, and a sensory environment for autistic children. More than $100,000 in scholarships were awarded to 55 local high school graduates. Our mission to connect donors to the causes that matter solidifies legacy-creation for those who love where they live and give where they love. Donors can realize their charitable dreams, nonprofits deepen their impact, and lives are enriched. Our story is never limited to ourselves. In true legacy fashion, it began before us and was handed down to us. Our challenge is to nurture it and affect relational impact in our communities. It’s a sacred calling, a labor of love, and one CTF is honored to steward each and every day. For Good – Forever,
Leah C. Shaffer
Margaret Miltenberger Nicholas Monteleone Karen Myers Vic Rezendes Sheri Sensabaugh Christine Sisler Chelsea Stuck Amy White
Foundation Staff Leah Shaffer Marcie Nelson
Since its inception in 2006, the Community Trust Foundation has been a steadfast pillar of support for our beloved Allegany, Garrett, and Mineral Counties. Our strength lies in the unwavering commitment of the individuals who call this region home. Caring citizens who understand the importance of unity and the power of collective action. Thanks to our dedicated board members and advisory council, there is never a shortage of volunteers willing to roll up their sleeves and champion our noble cause. It's this resilience that defines us. At CTF, we uphold a rigorous vetting process for every charitable project we support. This meticulous approach ensures that the generous contributions from our community members go to nonprofits that are effective, transparent, and trustworthy. We celebrate our community members who stand with us in this endeavor. Our foundation is driven by a singular mission: uplifting our community by helping donors achieve their charitable dreams. Through our community funds and legacy-giving initiatives, we turn these dreams into powerful acts of philanthropy. The Community Trust Foundation proudly stands as a beacon of support and advocacy for our vibrant community. Together, we will continue to promote and support the well-being and prosperity of this extraordinary place we call home. With gratitude and optimism,
Mirjhana A. Buck
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DONOR STORY
Cherie Snyder Legacy Fund
by Jenny Krampf
In life’s journey, many people strive to positively impact their community long after they are gone. Legacy estate planning offers a remarkable way to achieve this noble goal. Inspired by this concept, Cherie Snyder created a donor-advised fund to be financed by her estate at her passing that will allow her family to be involved in carrying on her legacy of compassionate, community-minded service in Western Maryland.
Preserving Family Value & Memories Cherie Snyder, originally from north central Pennsylvania, moved to Western Maryland in 1987 when Allegany College of Maryland hired her as a professor of Human Services. Allegany County became her home, where all four of her children have been raised and where, in 2021, she retired after 34 years at ACM. “The CTF has generously funded many of the projects that have benefited the college, my former students and their families, my work with the Center for Mind/Body Medicine, and community projects initiated by or utilized by my adult children,” Cherie shared. “I value the opportunity to give back and to invest in the future of the place my family loves through legacy estate planning.”
Establishing a Personal Legacy Legacy planning includes the traditional aspects of estate planning but goes one step further by providing a means for you to consider and pass down for future generations some of your intangible assets like deeply held values, ideals, or faith. It assists individuals or couples with establishing a philanthropic heritage for their family that aligns with their principles. Whether supporting a cause they are passionate about or establishing a scholarship fund to assist aspiring students, legacy planning enables individuals to make a lasting impact, reflecting the essence of who they are long after they are gone. Cherie cites the book, A Spectrum of Legacies…The Gifts You Leave for Your Children and Community by Mark Weber as inspiration for the shift in how she approached her estate planning. “The focus of the ‘legacy’ approach is value driven and legacy-based vs. passing on one’s estate equitably to kids with minimal tax implications,” she explains. “AND it involves the family in the process so that parents continue to provide lessons to adult children on family values, financial management, and the importance of giving back.”
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In addition to offering practical ideas for how families can get started with legacy planning, there is also an accompanying website for the book with other helpful resources and worksheets.
Inspiring Future Generations Legacy planning and charitable donations set an inspiring example for future generations. By witnessing the positive impact of your philanthropy, loved ones are more likely to embrace a similar spirit of giving, perpetuating a legacy of compassion and social responsibility. This can create a ripple effect, fostering a culture of philanthropy that benefits the community for years to come. In Cherie’s case, she and her family want to support charitable activities that empower individual and community participation in healthy childhood development. They want to build on the many strengths of our community to address systemic and historical issues that impact children and families.
Leaving a Lasting Impact Legacy estate planning ensures that someone’s life’s work and values continue thriving and making a meaningful impact, even when they are no longer physically present. It leaves an inheritance that involves more than financial assets. The benefits extend beyond the individual — inspiring communities and future generations to build a brighter, more compassionate future. CTF appreciates thoughtfully planned gifts, like the Cherie Snyder Legacy Fund, and works with wealth advisors to assist their donors in creating one that suits their unique needs. We will continue to educate others to consider embracing the power of legacy planning and crafting a legacy that will resonate through time.
Statistics indicate that most wealth transfers from parents to children fail because of poor communication and a lack of trust among family members. Mark Weber offers readers practical advice about how to use family meetings to provide financial education for children and strengthen family ties. A Spectrum of Legacies includes case studies, sample worksheets, and letters from Weber’s long experience as an advisor to affluent families. Readers can use A Spectrum of Legacies to create legacies that pass their financial assets in a way that reflects their personal values, teaches their children, and benefits their communities.
Leaving Your Mark Becoming part of our Heritage Circle means you are leaving a legacy without affecting your current budget. You and your financial planner determine what you feel comfortable leaving as a gift to your community, and we will work with you to create a plan for impactful giving to the charitable projects and causes you care most about. What if you left just 5% of your wealth to make a difference in your community? Plan ahead to make a difference!
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The Community Trust Foundation, Inc. Statement of Financial Position December 31, 2022 $9,375,020 $9,375,020
Total Assets Less Total Current Liabilities
(261,204)
Net Assets
9,113,816
Total Liabilities and Net Assets
$9,375,020
Statement of Activities For the Year Ended December 31, 2022 $(708,289)
Revenue Expenses Grants*
466,662
Investment Fees & Admin
218,781 685,443
Less Total Expenses Loss / Change in Net Assets
(1,393,732)
Net Assets - Beginning of Year
10,507,548
Net Assets - End of Year
$9,113,816
*300,939 current year grants plus 165,723 multi year grants remaining from 2021
2022 Grants by County
2022 Granting Focus Areas Arts & Historical Preservation $47,960
Mineral $42,243
Scholarships $111,337
Garrett $83,611
Allegany $175,085
Vibrant Communities $15,689 Health & Wellness $1,122
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Eduation & Youth Leadership $124,831
Donors Investing in Our Community The Community Trust Foundation offers a variety of fund types to meet the specific goals of our donors. With more than 100 funds under management, we are pleased to have welcomed several new ones in 2022.
New Funds
Advisory Councils The Community Trust Foundation is grateful to our Advisory Council Members for both their advisory and ambassador roles in helping to create a better future for our region. Allegany County
Garrett County
Kelli Allaway
Brian Boal
Jane Belt
Laura Fike
Dee Blank
Shane Grady
Joe Caporale
Bill Grant
Jim Combs
Bob Hoffman
Dr. Christina Elson
Bill Meagher
Dr. Julianne Ferris
Carissa Rodeheaver
Tom Finan
Don Sincell
Ann Getty
Jason Sweitzer
Mary Caite Hannon
Bill Weissgerber
City of Cumberland Skate Park Task Force Fund
This fund provides financial support for the creation of a skateboard park in the City of Cumberland, Maryland.
Dr. Sean McCagh Fund for Children with Special Needs In memory of the late Dr. Sean McCagh, this fund provides financial support for charitable initiatives serving children with physical or intellectual disabilities in CTF’s geographic service area.
Hoye House Tour Center & Museum Fund
John Hart
The fund provides financial support for the creation of a tourism center and museum at the Hoye House, 28 Washington Street, Cumberland, Maryland.
Berton Leach Laurie Marchini Kimberly Miltenberger
Larry Boggs Family Scholarship Created by Mr. Boggs, president & founder of Boggs & Company Wealth Management and a Fort Hill High School (FHHS) alumni, upon his induction into the FHHS Hall of Fame. The fund provides scholarships to students graduating from Fort Hill High School with at least a B average pursuing higher education in a STEM field.
Donna Monteleone Dr. Robert Moore Colleen Peterson Cady Kirkwood-Rankin Dr. Diane Romaine Amanda Ruthenburg Tama Scarpelli
Saiquan Jenkins Memorial Scholarship Created by ServiceMaster of Allegany County in memory of the 17-year-old Fort Hill High School student killed in October 2021. The fund provides a four-year scholarship to a deserving football player at FHHS who has had no disciplinary issues, exemplifies kindness, courage, and hard work, and holds at least a 3.0 GPA.
Doug Schwab Todd Pyles Robin Summerfield Daniel Taylor-Neumann
Mineral County Heather Ack Curtiss Boggs Kevin Clark Dinah Courrier Randy Crane Logan DelSignore Phil Douthitt Janet Grady Dayla Harvey Louis Kitzmiller Patsy Koontz Gina Spriggs Gina Staggers Terry Stephens Renee Trezise
William & Shirley Birmingham Memorial Scholarship William and his wife Shirley were natives of Cumberland and alumni of Fort Hill High School. The fund was created by the Birmingham family to provide scholarships for FHHS graduates with a 3.0 GPA, participating in school activities, and pursuing an undergraduate degree in education.
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Hayward Wilson Keri Whitacre
Impactful Granting Creating Tomorrow's Workforce Funding from an anonymous donor, supplied supplemental computer textbooks for Keyser High School (KHS) students to learn and successfully utilize Microsoft PowerPoint. The grant had an immediate return on investment with 136 students earning one or more Microsoft Office Specialist (MOS) certifications. Two students scored a rare perfect 1000 points and, for the first time ever at KHS, one student earned certifications in all Microsoft Office areas. Megan McRobie and Celia Cole placed first in their respective divisions against others across West Virginia, earning them an invitation to the National MOS Competition in Orlando, Florida. After winning first place again, Celia returned to Orlando to compete against 175 others from 39 countries in the largest technology contest in the world, the World MOS Competition. There, Celia won 3rd place, earning her the Bronze Medal, a $2,000 scholarship, and the attention of Microsoft employees impressed by her age and skills. Ms. Cole was the only one out of 6 national champions from the United States to place at the competition. CTF supports education and youth leadership.
Preserving the Traditional Art of Quilting A grant from the Iris & Peter Halmos Community Fund provided reusable fire-retardant backings to protect and construct a display for more than 200 quilts in the inaugural Schoolhouse Quilt Show. The quilt show and competition were the first of its kind in our area, a collaborative effort by The Allegany Arts Council and the Schoolhouse Quilters Guild to honor those practicing the traditional art form and encourage a new generation of artists to learn it. The event also hosted the HOPE quilt which traveled the country and was displayed on the steps of the Lincoln Memorial in Washington, D.C. The quilt is a national memorial to frontline workers and a commemoration of others who were affected by or lost to COVID -19.
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Investing in Our Youth Despite long hours on the job, families, and other commitments, local police officers have devoted themselves to creating a safe place for youth in Allegany County to learn team building, leadership, and selfesteem. With support from CTF, Allegany Youth Enrichment Program Services “AYPES” has been refurbishing their location and mentoring youth ages 1117 through fitness. An all-volunteer staff teaches kickboxing three times a week, rotating days to accommodate the officers’ work schedules. Recently a collaboration of 11 community partners provided programming on coping skills, job skills, leadership, responsible citizenship, health, and hygiene. CTF supports community partnerships and healthy youth development.
Celebrating Our Rich Heritage Each year, Mountain Lake Park, Maryland celebrates its founding with a free Chautauqua weekend following the 4th of July. The festival celebrates a bygone era when Chautauqua programs presented a wide range of educational, spiritual, social, and recreational activities throughout the summer months lasting from 1882 until World War II. The current-day Chautauqua features live music, historical lectures, re-enactors, children's activities, artists and heritage demonstrations, and village tours, all in the spirit of the town’s founding members. Generous funding from the Naylor Family Trust at CTF has been instrumental in reviving this event and offering experiential learning for all ages through writing workshops exploring poetry, song lyrics, playwriting, and story illustration. CTF supports preservation of our rich heritage and a community alive with the arts.
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Humanitarian of the Year -
Dr. Sean & Terri McCagh by Christina Metcalf The late Dr. Sean McCagh was described by his wife Terri as doing everything he set his mind to in a “big way” and that included helping his hometown. He had that special contagious affection that draws people in and elicits support from even the most reticent of joiners. Dr. McCagh was a big idea man, and it was easy to fall in love with his exuberance and passion for the cause. Together, Sean and Terri were always looking for ways to improve the community by helping to provide a better life for individuals. It began with the audacious idea of the Hooley Plunge, a wintertime swim in bone-chilling water for a good (and fitting) cause—the YMCA ice rink. Later, the special event would become a major fundraiser in the area for people with special needs. This community held a special place in Dr. McCagh’s heart. He became concerned that young adults were leaving, deciding to make a life elsewhere. He knew that to convince young people to remain in the area after their education was complete, they needed good jobs and enjoyable activities. Dr. McCagh approached Frostburg State and launched their first Physician’s Assistants (PA) program. The McCaghs then set up an endowment to help local students afford their dreams of working in healthcare. The first graduating class of PAs from Frostburg State graduated in May 2021. The McCaghs also understood that young people wanted activities and experiences so when their adult son became interested in growing hops and brewing beer, another big idea was born. Terri says, “Sean was always thinking ahead.” The idea of a brewery wasn’t big enough. What if they created a brewery as a destination and event venue? What if this place became the kind of attraction where all ages gathered and enjoyed themselves? Something that was family-friendly but could also work as a first date spot or a gathering place for friends. It was something that the community needed. Renovating their barn project “snowballed” and the 1812 Brewery was born. The 1812 Brewery was fitted with glass doors, lighting, plants, and other homey appointments to make it an inviting gathering place for the community. The family has opened it up to charity groups to host events so the organizations can avoid the costly overhead of having to rent a venue. “We’ve also opened the event space as a spot to host reunions for families and schools,” Terri added. “Strengthening the community is such an important part of Sean’s life and legacy. The sense of community was something he loved about Cumberland.” While her efforts as a board member for the Children’s League may not be as outwardly visible as her vivacious husband’s plans, she has been instrumental in helping the organization in its mission of bringing orthopedic surgeons
to an underserved area quarterly, helping improve the quality of life for many. The McCaghs built a legacy around big dreams and ideas that continue with their sons today. A legacy that parallels the Community Trust Foundation’s (CTF) mission and vison of caring for and investing in the community.
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Thank You
to our 2022 Humanitarian Event Sponsors & Friends Allegany Museum Belt Construction Boggs & Company Wealth Managment Coldwell Banker Home Town Reality James & Dinah Courrier Dr. Julianne Ferris First United Bank & Trust Frostburg State University Foundation Garrett Regional Medical Center Bill & Laurie Grant Dr. Gary Horowitz Berton Leach Kim & Marion Leonard Terri McCagh & Family Morgan Stanley, The Larkin Group Myers Real Estate Consulting Perineologic Pharmacare Puccini Restaurant Railey Realty Scottish Rite Freemasons "The Cupcakes" UPMC Western Maryland Wamba Caravan #89 International Order of Alhambra Bill & Debbie Weissgerber West Virginia University Foundation
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112 Baltimore St. Suite 201
Cumberland, MD 21502 301-876-9172 ctf@ctfinc.org www.ctfinc.org