Page 1


2018 Community Impact Report Finance of America Cares is a nonprofit corporation and is approved by the IRS as a 501(c)(3) nonprofit organization.

MISSION To strengthen our communities, enrich lives, and inspire caring.

Welcome, Friends! It is with great pleasure that we share our inaugural Finance of America Cares Annual Report with you! From our launch in February of 2018, FOA Cares 501(c)(3) nonprofit organization has been driven by a mission to Strengthen our Communities, Enrich Lives, and Inspire Caring. Through our four core programs, we have made a significant, meaningful impact within our work and home communities. We issued over $170,000 in grant funds to nonprofit organizations across the nation through our Grantmaking Program. We dedicated hundreds of volunteer hours through our Volunteering Program, provided emergency financial assistance to employees through our Employee Assistance Fund, and generated additional awareness and contributions with our Fundraising Program.

communities. Corporate support has enabled us to allocate 100% of all donated funds directly to our programs and, in 2018, Finance of America matched all Finance of America employee contributions.

We look forward to the continued growth of our programs, community interest, and awareness so that we can serve and care for others in the most impactful way possible. Thank you!

Jennifer Chalmers President

Ashley Pruitt Program Director

Welcome……………………………..2 Four Core Programs………..3-4 Impact………………………....5-12 Stories……………..………...13-20 Financials…………………..21-22 Donors……………………….23-26 Leadership………………….27-28 Get Involved………….............29 Did you know ………………….30 Thank you ………………………31

Our services stretch from coast to coast across the nation, with regional representation to serve local community needs. Our Board of Directors and Regional Impact Committees are comprised entirely of Finance of America employee volunteers, and we are so grateful for the opportunity to work together to drive positive change. We are humbled by the contributions of time and resources by employees, corporate leadership, and other generous donors and advocates within our

Page 2


Helping to provide Finance of America employees with the opportunity be a part of the transformative power of donating their time and energy toward charitable causes they care about.

Working together to spearhead events and activities with employees of Finance of America throughout the year designed to raise funds for Finance of America Cares and community nonprofits.


A streamlined program for Finance of America employees and their immediate family nationwide to apply for emergency financial assistance during times of urgent need.

Building strong communities through grantmaking to nonprofits in the following three focus areas; Veterans, Youth, and Human Services.

Page 4

IMPACT | Volunteerism Over the last year,

generously donated ,

with a combined value of

*The estimated average Value of Volunteer Time for 2017 is $24.69 per hour according to the Independent Sector. Visit to learn more. Page 6

IMPACT | Grantmaking

In our first year together, we raised

which funded

throughout the nation in

NOTE: The map icon indicates the state in which FOA Cares has issued grant(s). It does not reflect the precise location of the grantee.

Page 8


Breakdown by Focus Area: Percentage & Funding Totals



Human Services

COMMUNITY IMPACT GRANTEES Nationwide | Coast to Coast

Midwest SitStayRead House of Hope Big Brothers Big Sisters of Central Indiana Veterans Outreach Local Matters

Southeast Safety Harbor Neighborhood Family Center Homes for our Troops Union County Community Shelter Barium Springs Home for Children Grace Klein Community, Inc. Hospice and Palliative Care Foundation Air Force Junior ROTC

Southwest Common Unity Family Promise of Greater Phoenix Passageways, LTD Joy in the Cause Rebuilding Together Southern Nevada Elevate Phoenix Genesis Women’s Shelter


Homes for our Troops Open Hearth, Inc. DMF Youth Home of the Brave Dimitri House Women’s Center of Greater Danbury Citizen’s Inn Furniture Friends The Arc of Philly

Northwest Homes for our Troops Solid Ground The Idea Project Building Blocks 4 Kids CASA for Children Children’s Cancer Association Maurice Lucas Foundation Wilsonville Royal Family KIDS Eastside Timbers Playworks Education Energized Marathon Education Partners


Homes for our Troops Operation Dignity Elder Help of San Diego Voices for Children AspireKids YOLO Food Bank Via Rehab, Inc. Big Brothers Big Sisters Varsity Team Incorporated It’s All About the Kids United Samaritans Foundation Central California Food Bank Project Access Orange County Rescue Mission Family Promise of Hawaii Serving Seniors Waves of Wishes

Page 10

IMPACT | Employee Assistance

With the help of our donors, we granted


in emergency funds

to Finance of America employees and their families.




of cases were due to a

of cases were due to the result of a

of cases were due to a

Page 12

STORIES The following stories offer just a glimpse into some of the intricate work we do, and capture the transformative power of corporate social responsibility to make a difference in the lives of those in need.

The Freeman Family Last year my daughter, Aysa, was eight years old when she passed out in a pool and began to have seizures. She was rushed to the hospital, and after three days of tests and treatment, she was diagnosed with Severe Pulmonary Arterial Hypertension (PAH). This diagnosis has left our family emotionally devastated, and in financial distress accumulating tens of thousands in medical bills. We were even on the brink of losing our home and going into foreclosure when a colleague of mine reached out to Finance of America Cares on my behalf. That same day, I received a call from their team to discuss ways they could help through the Employee Assistance Fund (EAF). That same month, we were approved for an EAF grant, which was provided directly to our mortgage servicer in the form of a loan payment, helping our family to keep our home. I am so grateful to FOA Cares and their team. FOA Cares, and its EAF program, are amazing – it is hard to put into words what it has done for my family and me. Thank you again for all your help. - Terance Freeman, Loan Officer for FAM in Englewood, CO

Aysa Freeman

Page 14

Milan and his newlywed wife, Delaree

Marine Sergeant Milan Franklin

Homes For Our Troops

Finance of America Cares (FOA Cares) has been helping Homes For Our Troops (HFOT) build and donate specially adapted custom homes for severely injured post-9/11 Veterans for quite some time now. Most recently, FOA Cares contributed $25,000 this past year; $10,000 of which went to the building of Marine Sergeant Milan Franklin’s home in Shelton, Washington (pictured left). Milan, and his newlywed wife Delaree, are excited to be starting their life together in their new home. “We owe so much to all of the donors, sponsors, contractors, volunteers, and all of the incredible American people who support HFOT that no amount of thanks could ever account for what we are being given. This isn’t just a house to us, it is a life. A simple and good life outside of the military that we’ve only dreamt about living until now, thanks to every single one of you.” Homes For Our Troops has built and donated over 270 homes for severely injured post-9/11 Veterans in 42 states. Most of these Veterans have sustained life-altering injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI). These homes restore some of the freedom and independence our Veterans sacrificed while defending our country, and enable them to focus on their family, recovery, and rebuilding their lives. HFOT builds these homes where the Veteran chooses to live, and continues its relationship with the Veterans after home delivery to assist them with rebuilding their lives. - Marine Sergeant Milan Franklin & Bill Ivey, Executive Director, Homes For Our Troops

Page 16

Remains of the Crowder Family Home

The Crowder Family My parents, Doug and Debra Crowder, lost everything in the 2018 Camp Fire in Paradise/Magalia, California.

When the fire started, my Dad, who is the Pastor of Magalia Pines Baptist Church, and Mom rushed to the Church to open it to those who could not get out of town in time. They ended up trapped in the Church all night with the fires raging around them. We were so fortunate that they made it out safely, but their home burned to the ground with nothing recovered. To make matters worse, their additional property, used for Church outreach, also burned down. I have since taken on helping them in any way I can, including putting a roof over their heads. They have continued to serve the community by opening up a recovery center where they serve hot meals every day and offer shower, laundry, counseling and support services. I connected with Finance of America Cares in hopes of any kind of assistance, as funds were tight and the need was urgent. My case was expedited, and within only one week of submitting my application I received a notice that we would be receiving the requested grant money. The funds were used to cover the insurance deductible on both properties and other costly expenses that helped us begin to rebuild our life. It is amazing to work for a company that truly CARES. Thank you to all the donors and FOA Cares team for making this possible. If anyone would like to know how they could help the victims of the Camp Fire, details are included on the Church website at - Diana Crowder, Business Support Specialist for FAM in Roseville, CA

Page 18

Hope with Certified Reading Assistance Dog, Jack

HOPE | SitStayRead

Finance of America Cares’ support through their Community Impact Grant helps us bring Certified Reading Assistance Dogs and human volunteers into kindergarten, first, second, and third-grade classrooms in our 17 partner Chicago Public Schools – to children like Hope (pictured left). SitStayRead’s mission is to advance children’s literacy skills using an engaging curriculum, certified dogs, and dedicated volunteers. We bring our innovative programs to schools who need it most, where on average only 28.8 percent of the third-graders are achieving grade-level literacy skills. We aim to lead students down the path to literacy success. Through SitStayRead, each year more than 2,500 students become bold readers and expressive writers, crafting their own, creative stories. SitStayRead programs give students the skills they need to grow into confident readers and writers, producing their own, published books – complete with dedications! Finance of America Cares’ gift assists proud young SitStayRead authors, including Hope, and will inspire many more dedications this year. From everyone at SitStayRead and the students we serve, thank you Finance of America Cares for dedicating your dollars to SitStayRead and for inspiring thousands of students. - Mara O’Brien, Executive Director, SitStayRead

Page 20

FINANCIALS Fiscal Year 2018

Transparent. Efficient. Resourceful. Accountable.

FINANCIAL Snapshot DONOR DOLLARS Stretched Finance of America Holdings generously covered 100% of our overhead, and matched every employee donation – dollar for dollar. This enabled us to allocate 200% of every dollar donated by employees toward our highquality grantmaking for every community we serve.

FUND Allocation Funds from Finance of America employees: 75% is allocated their respective region’s Community Impact Grants. 25% is allocated to the national Employee Assistance Fund. Funds from the public: 100% is allocated to Community Impact Grants.

Expense* Programs (EAF & Community Impact Grants)






Income* Corporate Contributions (Overhead & Match)


Employee Contributions


Other Income


*Finance of America Cares is happy to provide a detailed financial report; email to make a direct request. The above percentages are not inclusive of the organization’s reserve.

Page 22


FY 2018 Supporters


Your support means the world to us. We’re lucky to have you on our team. We remain all of our strategic initiatives with local nonprofits, including grantmaking, volunteer

FINANCE OF AMERICA Employee Donors Elias Abiyou Brigette Albert Tiffany Alberts Lori Alford Clark Aliano Brita Alston Maria Alvarado Chrisa Ammon Justin Andrews Susan Anthony Stefanie Areia David Artiles Bradley Atkinson Angela Augur Adriana Avina Corri Baber-Klebaum Carol Bacon Erika Bailey Christine Baker Marvin Bank William Bannick Shawn Barnes Nina Barron Barbara Bechtold Andrew Bennett Jocelyn Bennett

Pamela Berardo David Bergstrom Laura Best Corri Bethel Nisha Bhatia Angelique Bishop Willie Blackburn Mark Boeck Nicholas Boliard Eric Bolstad Susan Bonanno Allen Bornstein Sarah Bowen William Bowman Amy Bridges Jack Briggs Sloane Brogan David Brown Shoanta Brown Garnett Bruce Gayle Brunson Nicole Bryant Anna Buckley Teresa Buckman Ryan Bukoskey Jennifer Bunting

Andrea Byars Clemencia Cabiles Christine Caltabiano Forrest Cambell Michael Cameron Malinda Campbell Peter Campbell Kimberly Cardwell Anthony Carillo Paula Carlo Richard Carlson Jody Carmona Keli Carr Christopher Carrel Carissa Cassatt Kandi Ceballos Jennifer Chalmers Tiffany Chinchurreta Jacqueline Cho John Coats Patricia Colacicco Michael Colpitts Claire Complita Elena Connelly Heather Connor Erzsebet Cook

Steven Cooley Tiffany Cooper Kyle Corcoran Michelle Costa Benjamin Craighead Paul Cruz Joseph Cugliari Sara Curry Jennifer Curtis Kim Cyr Michael Dafnis Whitney Dahlin William Dallas LouAnn Daprato Alyssa Davis Craig Davis Frances Davis Pamela Davis Sean Davis Sherisse Davis Kristin DeBisschop Maria Deen Stephanie Dellinger Jeannette Demartini Lisa Denison Ashley Deokinandan

NOTE: This list reflects general operating support from February 14, 2018 through December 31, 2018. It is not inclusive of donors who have declined to be published, wish to remain anonymous, and/or simply did not respond to our request for their name to be published.

committed to fiscal prudence to ensure sustainability, and engaging Finance of America employees in ing, and fundraising.

FINANCE OF AMERICA Employee Donors, Sheron Dinnoo Lorelle Dinwiddie Michael Distad Tessa Doherty John Doren Roxane Doren Charles Duckett Regina Duenas William Dunger Ryan Dunphey Scott Edwards Tanya Elder Heather Eline Monica Emmert Jill Ennis Heather Esteves Thomas Evans Kristin Fairchild John Fant Branda Farmer Darleen Fazzolare Francine Fearnbach Jennifer Flemmer Carlos Flores Kelly Frazee Lauren Gabel

Elizabeth Gaeta Trisha Gallagher Grier Galloway Patricia Garcia Gabriel Garza Clarisa Gastelum Nicole Gates Valerie Gefert Kenyatta Gentry Holly Gibson Carol Lynne Giery David Gillich Keith Godburn Christopher Grady Valerie Gray-Gantt Becky Griffin Ryan Guisness Robert Hailey Randall Hanna Deanna Hannum Gail Harbeck Avery Harper Lynne Harper Renee Hatfield Kathleen Havens Cynthia Hazelton


Jeanine Helms Priscilla Hernandez Matthew Hicks Kelsey Hill Kieth Hobart Michelle Hobson Rachel Hodges Shannon Hoff Sean Holman James Hope Alisa Howell Joe Hullinger Geoffrey Hunt Andrew Hurd John Hutchens Deanna Hutchison Amy Inglebright Taylor Irvin Claire Jackson Stephanie Jeffers Roger Jennings Karen Johnson Tiffany Johnson Jason Jones Joey Jones Olivia Jones

Janet Jordan Desirhen Kalaykhan Corrie Kaspardlov Cynthia Kaufhold Janice Kerr David Kilkenny Michael Kilkenny Glenn King Kabrina King Kevin Kirk Ginger Kline Tamara Knox Samuel Krueger Lacey LaManna Erin Landry Kevin Lane Samantha Lane Lori Langdale Shaun Larsen Sherry LaRue Michelle Lassiter Jodi Lawrence Linda Lawrence Johnny Laws Robert Lawson Susan Lawyer

NOTE: This list reflects general operating support from February 14, 2018 through December 31, 2018. It is not inclusive of donors who have declined to be published, wish to remain anonymous, and/or simply did not respond to our request for their name to be published.

Page 24


FY 2018 Supporters FINANCE OF AMERICA Employee Donors, Kendal Lay Cameron LeCave Kinzey Ledford Erica Leonard IllenA Little Stacy Loomis Scott Lumb Britany Luth Kim MacDonald Raymond Mack Keonna Maker Marian Malutich Vincent Mancinelli Chad Marchand Wendy Mariani Joni Marr Daniel Martin Katherine Mason Yan Mathison Sharon Mayhew Ian Mc Guirk Richard McCoy Nathan McVicker Meagan Medina Mikayla Meisner Hilary Merjil

Patricia Merriweather Kathleen Milligan Kent Mills Heather Millspaugh Lindsay Moldenhauer Gabriela Morales Daniel Moreno Chris Morton Megan Mueller Terri Mueller Sydney Muir Lily Mullet-Thomas Heather Munro Rhonda Nelson Vai Ngaemphome Jeffrey Norman Tammie Nudo Jasen Nuetzmann Jennifer Nunley Thomas O'Brien Michael Ocke Stephanie Olsen Brian Olson Katrina Orlando Samantha Orme Christina Palmer


Amy Parks Steven Parks Melissa Pearce Marisol Peloso-Galindo Marsha Pennington Matthew Perkins Robert Perry Lisa Pilar Henry BettyKay Pilcher Michael Potter Dustin Priest Beverly Quaresima Joe Raquiza Joshua Rea John Reed Kenneth Reed Brian Reigle Shae Reischling Coulson Jason Reppert Stephen Resch Dawn Reyes Kevin Rivers Megan Robertson Brandon Roloff Anna Ruotolo Edwin Santiago

Maria Santiago Shari Sarniento Greg Sarver Meghan Sarver Roger Savy Devlyn Sayball Alexander Schaffner Marla Schauer Steven Schlangen Ryan Schmidt Eric Schneider Vanessa Schwartz Penny Scott Jason Seibel Kathryn Semon Blanca Sepulveda Thaddeus Shell Christine Shin Jessica Siguenza Erin Simpson Jaime Simpson Joyce Simpson Tatyana Sineeva Paula Siverly Maria Siwa Olivia Skillen

NOTE: This list reflects general operating support from February 14, 2018 through December 31, 2018. It is not inclusive of donors who have declined to be published, wish to remain anonymous, and/or simply did not respond to our request for their name to be published.

FINANCE OF AMERICA Employee Donors, Kathleen Slack Cassandra Smith Kelly Smith Kevin Smith Chi Song Shannon Sorensen Kristina Speed James Spoonhour Audrey Stanford Lisa Stanley Maddi Stark Alfreida Starks-Jones Jeffery Steffens Yvonne Stenhouse Austin Strode Jeff Strode Lauren Summerville Karen Tankersley Brandy Tate Nyisha Taylor David Tenner Dawn Terry Thomas Testerman Teresa Thatcher Rachel Thompson Robyn Tidwell

Joseph Tishkoff Thomas Tomlinson Naomi Torno April Tuma Lisa VanKirk Susan Velez Darleen Vogeler Craig Walker Paul Walker Robin Walter Latasha Walton Renee Ward Lori Waterman Trevor Waterman Todd Waterson Gordon Weichler Connie West Michelle Whitcomb Ryan White Shaun Whiteman Denise Williams Patricia Wilson Jennie Wong Gregory Woolsey Lori Wotruba Lori Wray


Pamela Zabierek Jory Zimmerer Elle Zimmerman Scott Zmikly Matthew Zuczek

An extra special thank you to Finance of America Holdings, for covering 100% of our operational costs AND matching all employee donations during 2018.

NOTE: This list reflects general operating support from February 14, 2018 through December 31, 2018. It is not inclusive of donors who have declined to be published, wish to remain anonymous, and/or simply did not respond to our request for their name to be published.

Page 26

Board of Directors Jennifer Chalmers

Christine Baker

President of the Board

Member of the Board and Northeast RIC Chair

Britany Luth Vice President of the Board

LEADERSHIP The success of Finance of America Cares would not be possible without our incredible volunteers, which includes our Board of Directors, and Regional Impact Committees.

From the bottom of our hearts‌thank you.

Lacey LaManna Former Member of the Board and Northeast RIC Chair

Susan Lawyer Treasurer of the Board

David Gillich Secretary of the Board

Sheron Dinnoo Member of the Board and Southeast RIC Chair

Jessica Siguenza

Robert Hailey Former Member of the Board and Midwest RIC Chair

Member of the Board and West RIC Chair

John Hutchens

Eric Bolstad Member of the Board and Northwest RIC Chair

Member of the Board and Southwest RIC Chair

Governance Committee Bruno Pasceri | Page Stokes | Maria Deen | Michael Fant | Susan Anthony

Regional Impact Committees MIDWEST Leads | Employee Volunteers

Garnett Bruce Anthony Arnold Shandra Casey Melinda Valentine

SOUTHEAST Leads | Employee Volunteers

Samantha Orme Devlyn Sayball Diane Abbott Mary Rothenberg

NORTHEAST Leads | Employee Volunteers

SOUTHWEST Leads | Employee Volunteers

Kate Hippe Katrina Orlando Christopher Malone Michael Lord

Kendal Lay Ryan Schmidt Erzebet Cook Kathy Semon

NORTHWEST Leads | Employee Volunteers

WEST Leads | Employee Volunteers

Jody Carmona Kelsey Birdseye Michelle Hobson Kristin Russell Megan Gonzalez

Kelly Frazee Olivia Jones Jack Briggs Lily Mullet-Thomas Lisa Pilar Henry Page 28

GET INVOLVED Together, we can do so much more… VISIT us. Our website, provides an overview of all of our programs and you can meet our Board of Directors. VOLUNTEER with us whether it is a one-time opportunity in your community with a cause that is close to you, or you’d like to get more involved with our nonprofit. We’ll connect you. PARTNER with us. Join our team of corporate and individual donors to make an impact with your fellow Finance of America colleagues. FUNDRAISE with us. Help us to make an even bigger difference in communities throughout the nation through opportunities, or hosting an event. LIKE us on Facebook and follow up on Instagram @FOAcares to stay up to date on our latest news, photos, and more.

Connect With Us 100 Main St. Suite 303 Safety Harbor, FL 34695 (772) 812-4798

Did you Know? 100% of donations from Finance of America employees are allocated directly to grantmaking.

Every FOA employee is given 8 Volunteer PTO hours every calendar year to use for volunteering at the nonprofit of their choosing. FOA grant applications open every summer; employees can invite the nonprofit of their choice to apply for a grant. Nonprofits can learn more by visiting Employees can donate to FOA Cares through payroll in two easy ways. Login to CaresConnect and click “Give� or fill out the FOA Cares Automatic Payment Authorization form and email it to The AmazonSmile Foundation will donate 0.5% from your eligible purchases directly to FOA Cares. Designate FOA Cares as your current charity today!

Page 30


With You!

Profile for FOAcares

FOA Cares | 2018 Community Impact Report  

FOA Cares | 2018 Community Impact Report  

Profile for foacares