2021 Annual Report Celebrating 30 Years
LETTER FROM THE PRESIDENT & CEO
2021 BY THE NUMBERS
For 30 years we’ve focused on one goal: improving the quality of life in Hancock County. And even before the Foundation existed, our predecessor the Dorney Fund started that work in 1979. This year, we proudly celebrate the work that has been accomplished in the last three decades and look forward to what is still to come.
As we celebrate 30 years, I’ve been using the phrase full circle often. Each time we get a grant report back we see the fruit of our work, but especially this year I see the fruit of our mission. I see the investment a donor made decades ago that is still bearing fruit today but has changed the lives of many along the way as well. May those seeds continue to grow, the trees they sprout be stable, and the fruit they bear be plentiful.
Brian P. Treece, Ed.D. President & CEO btreece@community-foundation.com
AMOUNT AWARDED
DONORS
$6.3M
$1.9M
GIFTS RECEIVED
RESPONSIVE GRANTS
18%
31%
808
495
Despite another year of uncertainty due to the pandemic, Hancock County has once again proven its generosity and humanity through the growth of the Foundation. In this report you’ll read about the progress we’ve made toward our vision of a lasting community impact. What you don’t see in this report is the intangibles – the children at preschool, animals cared for, nonprofits supported and so much more. We’re looking forward to telling those stories throughout this year for our anniversary. Visit community-foundation.com/30 to read about our plans.
GRANTS $3.2M
FUNDS 680
NUMBER OF FUNDS
NUMBER OF GRANTS
$178M
$71M
Responsive Grants by Program Area
GRANTS SINCE INCEPTION
ASSETS
17%
1%
TOTAL ASSETS
200
(in millions)
2017 $132M
100
50
0
2021 2020
150
2019 2018 $120M
$142M
5% 4%
9%
15%
$178M
$159M
31% Community & Civic Development 18% Education 17% Organizational Strengthening 15% Human Services 9% Physical & Mental Health 5% Youth 4% Housing 1% Arts & Culture
THE COMMUNITY’S ENDOWMENT
Comprised of Common Good and Field of Interest funds, this pool is used by the Foundation board and staff to award responsive grants based on the community’s emerging needs like access to pre-k, coronavirus response, The Family Center and more. FUNDS FOR THE COMMON GOOD
$1.7M
AWARDED THROUGH THE RESPONSIVE GRANTS PROGRAM
$56.2M IN ASSETS
FIELD OF INTEREST FUNDS
$264K
AWARDED THROUGH THE RESPONSIVE GRANTS PROGRAM
DONOR-DIRECTED FUNDS
$6.1M IN ASSETS
Donor-directed funds include agency, designated, scholarship and donor advised funds. Donors instruct the Foundation to use these dollars for a specific purpose. DONOR ADVISED FUNDS
$1.9M AWARDED
278
AWARDED
129
GRANTS
SCHOLARSHIP FUNDS
$353,350 AWARDED
142
SCHOLARSHIP FUNDS
ASSETS
Cash and Cash Equivalents
$
Total Assets
$ 178,168,806
Investments, at Fair Value Other Assets
6,155,440 168,316,931 3,696,435
STATEMENT OF ACTIVITY REVENUE
Contributions Net Investment Income Other Revenue Total Revenue
$
6,264,090 19,277,933 510,994
$
26,053,017
$ Grants Program Services Management and General Fundraising and Development
3,224,289 1,307,007 414,542 663,262
Total Expenses
$
5,609,100
Change in Net Assets Net Assets, Beginning of Year
20,433,917 148,726,992
GRANTS
DESIGNATED FUNDS
$1.8M
STATEMENT OF FINANCIAL POSITION
LIABILITIES
Accounts Payable Grants Payable Funds Held for Agencies Other Liabilities
$
40,617 517,594 7,116,598 1,323,088
Total Liabilities
$
8,997,897
Net Assets
$ 169,170,909
Total Liabilities and Net Assets
$ 178,168,806
EXPENSES
229
SCHOLARSHIPS
170
STUDENT RECIPIENTS
Net Assets, End of Year
$ 169,170,909
S AV E T H E D A T E
For Founders Day on Thursday, August 18 to celebrate 30 years of The Community Foundation. Join us for a reunion of friends, a special exhibit on the history of the Foundation and more.
2021 BOARD OF TRUSTEES Ginger Jones – Chair Gary Wilson – Vice Chair Garry Peiffer – Treasurer Patty Lucas – Secretary Don Essex Richard Kirk John Koehler Ed Reading Christina Rodriguez Kelly Shroll Dave Thomas
CONTACT The Findlay-Hancock County Community Foundation 101 W. Sandusky St., Ste. 207 Findlay, OH 45840 (419) 425-1100 community-foundation.com