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25 Years of Service Celebrating 25 Years

Celebrating our Mission Partners

Mid-Shore Community Foundation 2017 REPORT TO THE COMMUNITY


Downrigging Celebration The picture on the cover of Downrigging Weekend in Chestertown was taken by Michael Wootton and provided by the Sultana Educational Foundation. The Sultana Educational Foundation has been a long-time mission partner of the Mid-Shore Community Foundation and serves as a great example of our theme this year—Celebrating our Mission Partners. The Sultana Educational Foundation has had an agency fund with MSCF for many years but more recently launched an initiative to encourage contributions to a new designated fund for their benefit through the Endow Maryland program. In a two-year period, that effort has resulted in an endowment at MSCF that exceeds $126,000! Importantly, the Sultana Educational Foundation also participates in MSCF’s Charitable Gift Annuities Program. Under this agreement MSCF hosts a Charitable Gift Annuity for the sole benefit of a local nonprofit partner. The Sultana Educational Foundation already has one CGA established at MSCF that at maturity will be distributed into the Sultana’s designated fund. Chris Cerino, Sultana Educational Foundation Vice President, shares his excitement with local children involved in summer programs.

25 Years of Service

FROM THE CHAIRMAN Twenty-five years ago I had the good fortune to be involved in the founding of the Mid-Shore Community Foundation. Thanks to a very generous bequest of $236,000 from Colonel Edgar Linthicum and his wife Catherine in 1992, a regional community foundation was created to serve the five MidShore counties of Caroline, Dorchester, Kent, Queen Anne’s and Talbot. From that initial investment, the Foundation now has more than $70 million in assets, of which $47 million is in permanent endowments that will benefit this community in perpetuity. Throughout this Report you will see how the work of the Foundation and the extraordinary support of our donors have left a lasting legacy for this community. We see continued expansion of permanent funds at the Foundation, new partnerships with an incredible array of nonprofits throughout the Mid-Shore area, and a host of new community initiatives under the sponsorship of the Foundation. Our theme this year is “Celebrating our Mission Partners.” As you will note in the following pages, the work of the Foundation is truly a collaborative effort.

W. Moorhead Ver mil ye W. Moorhead Vermilye, Chairman

Celebrating 25 Years

Highlights 1992 Bequest of $236,000 from Colonel Edgar and Catherine Linthicum leads to creation of MSCF

2000 First multi-million dollar bequests

received from George Todd for the benefit of Dorchester County, and from Austin and Martha Steele for college scholarships

2001 First paid staff; now 4.5 full-time employees

2002 Brady, Clark, and Hunter families donate Bullitt House as home of MSCF

Women & Girls Fund established; nearly $800,000 contributed to Women & Girls Fund endowment to date

2003 Arthur H. Kudner, Jr. Fund established with $6.5 million bequest

MSCF licensed by State of Maryland to offer Charitable Gift Annuities

2004 Pauline and Shirley Smith Scholarship Fund established with $3.1 million bequest

2006 Earned Council on Foundation’s

certificate of compliance with National Standards for U.S. Community Foundations; certification renewed in 2011 and 2016

Herbert Andrew, III (1937-2017) The Mid-Shore community lost an extraordinary community leader this past year with the tragic death of Herb Andrew. He was a quintessential Easternshoreman: a life-long farmer in Talbot County who put his farmland in preservation to help sustain farming on the Eastern Shore; a local community leader who served Talbot County as a member of the County Council for 4 terms; and a volunteer and community activist constantly giving back to the community through service on numerous boards, commissions, and organizations, including a weekly commitment on a work crew for Habitat for Humanity Choptank. Importantly, he also left a legacy for the community with the creation of the Andrew Family Foundation at the Mid-Shore Community Foundation. Herb Andrew exemplified good citizenship and will be sorely missed in the community.


2011 Introduced revamped scholarship program with pooled application; pooled application exclusively online since 2014

2013 Designated County funds established to increase discretionary grantmaking in Caroline, Dorchester, Kent, Queen Anne’s and Talbot counties

2011-2017 Multi-million dollar bequests

from Maggie Ferree, Roberta Holt, Hugh Reynolds, Harry and Creighton Rhodes, and John and Charlotte Fryling add nearly $15 million to MSCF’s permanently endowed assets

$69 million in contributions and $29.5 million to charitable causes since 1992

The Caroline Foundation with MSCF Staff


The Caroline Foundation/MSCF Collaboration


n an effort to significantly expand support for health care and related services in Caroline County, The Caroline Foundation signed an agreement with MSCF in July 2016 to launch a unique collaboration on the Mid-Shore between the two organizations. Terry Mead, President of The Caroline Foundation, explained: “We wanted to reduce the expenses of The Caroline Foundation to a bare minimum so that every possible dollar was available for the benefit of the residents of Caroline County. By partnering with the Mid-Shore Community Foundation, we could take advantage of their expertise in grantmaking and at the same time retain ownership of the assets from the sale of Caroline Nursing Home and The Gables.” The assets from the sale are invested with the goal of ensuring that grantmaking in support of health care in Caroline County can continue in perpetuity. While The Caroline Foundation retains ownership of the assets, they work with three of MSCF’s investment managers and rely on the same overall investment policy. Representatives of The Caroline Foundation sit on three key committees of MSCF—Finance, Investment, and Grants. In its first year, The Caroline Foundation awarded two grants. The first was a grant of $9,000 to the YMCA of the Chesapeake to support a diabetes prevention program in Caroline County. The second was a grant of $100,000 to the Caroline Hospice Foundation to offset the cost of medical care provided by Compass Regional Hospice for Caroline County residents at home and in the Caroline hospice facility. Looking back on the experience of the first year Terry noted, “It has been way beyond our wildest dreams.” Under a procedure in place for FY18, grant requests are due by July 1 to MSCF, with awards to be announced following the October meeting of The Caroline Foundation. Terry Mead emphasized that “they want to give all nonprofit organizations dealing with health issues in Caroline County a fair shot at a grant from The Caroline Foundation.”

NONPROFIT PARTNERS Mid-Shore Nonprofits with Agency Funds at


Academy Art Museum ACE Mentor Program - Easton ACE Mentor Program Wicomico Avalon Foundation Bay Hundred Community Pool Blades Endowment for Bethesda United Methodist Church Boy Scouts of America, Del-Mar-Va Council Caroline Hospice Foundation Caroline Human Services Council CASA of the Mid-Shore Channel Marker Chesapeake Bay Maritime Museum Chesapeake College Foundation Chesapeake Culinary Center Chesapeake Film Festival Chesapeake Music Chesapeake Wildlife Heritage Chesterwye Center Church Hill Theatre Compass Regional Hospice Foundation Critchlow Adkins Childrens’ Centers Crossroads Community Delmarva Community Services

Arts Dinner & Auction to benefit St. Martin’s Ministries Bellevue Royal Oak Cemetery Association Bells of the Bay Nicholas E. Bramble “Ironman” Foundation Brookletts Place Projects Bryan Brothers Foundation Gilbert Byron Fund Cambridge Wings & Wheels CarePacks Talbot County Carpe Diem Arts Outreach Carver’s Crew Chesapeake Children’s Book Festival Chestertown Rotary Club Flags for Heroes Coalition on Physician Education in Substance Use Disorders Community Newspaper Project Cover Your Chin for Charity Dancing for the Future Frederick Douglass Day Eastern Shore Experiential Learning Eastern Shore Human Trafficking Task Force Easton Airport Day Easton Business Alliance Empty Bowls Dorchester

MSCF to Build Endowment for their Organizations

Dorchester County Family YMCA Dorchester County Historical Society Dorchester County Public Schools Education Foundation Eastern Shore Land Conservancy Easton Choral Arts Society Easton Volunteer Fire Department Girl Scouts of the Chesapeake Bay Greensboro Cemetery Association Habitat for Humanity Choptank Historical Society of Kent County Historical Society of Talbot County Horizons of Kent and Queen Anne’s Counties Foundation for Kent County Public Library Kent County Public Schools Technology Fund Mid Shore Behavioral Health Mid-Atlantic Symphony Orchestra Mid-Shore Riverkeeper Conservancy Old Growth Forest Network Oxford Community Center

Pickering Creek Audubon Center Pleasant Day Medical Adult Day Care Queen Anne’s County Art Resource Trust Queen Anne’s County Dual Enrollment Fund Radcliffe Creek School Richardson Maritime Museum Salisbury University Foundation Friends of St. John’s Chapel St. Luke’s Chapel St. Paul’s Evangelical Lutheran Church Sultana Education Foundation Talbot County Public Schools Education Foundation Talbot Hospice Foundation Talbot Mentors Talbot Optimist Club Talbot Partnership Tilghman Area Youth Association United Fund of Talbot County United Way of Kent County Upper Shore Aging Waterfowl Festival Old Wye Church Friends of Wye Grist Mill Wye River Upper School

Charitable Sponsor and Provides Fiscal and Administrative Support Empty Bowls Talbot Eventful Giving - Easton’s Costume Shop First Night Talbot Good Samaritan Fund - Talbot County Marie Harkowa Patients in Need Fund Imagination Library Kent County Imagination Library Talbot County Kent Forward Lady Patriots of the Eastern Shore Mariah’s Mission Don Marvel Memorial Fund Mid-Shore Recovering Veterans Group Operation Christmas Spirit Oyster Reef Recovery Initiative PEACE Project Purple RAD - Rising Above Disease Richards Memorial Park Rock Hall Marine Restoration and Heritage Center Saint James School Scholarship for Eastern Shore Students Shore Shakespeare Company South Caroline Basketball

Spring Hill Cemetery St. Michaels After School Help (SMASH) St. Michaels Travel Club STOP Bullying Talbot Talbot Association of Clergy and Laity (TACL) Talbot County Public Schools Education 2020 Foundation Talbot County Youth Livestock Fund Talbot Problem Solving Court Talbot Village Connections Talbot Senior Enrichment Fund David Adam Vail Cancer Foundation Women & Girls Fund Women’s Club of Caroline County



Women & Girls Fund


he Women & Girls Fund was established at MSCF in 2002 as a field of interest fund focused on the needs of women and girls in the Mid-Shore region and is yet another example of a mission partner at MSCF. With support from its advisory board and an active donor base deeply committed to its mission, the Women & Girls Fund awarded $40,735 in grants to the following organizations serving Mid-Shore women and girls: Chesapeake College Foundation, Chesapeake Multicultural Resource Center, Compass Regional Hospice, Destined to Rise, Echo Hill Outdoor School, For All Seasons, Horizons of Kent and Queen Anne’s, Imagination Library of Talbot County, The Ladies of Nia, Partners in Care, Rebuilding Together Caroline County, Rebuilding Together Kent County, Rising Above Disease, Talbot Mentors, Talbot Partnership for Alcohol and Other Drug Prevention, and the Tilghman Area Youth Association. The grants were presented at the Women & Girls Fund annual awards luncheon.

Mission Partners Take Advantage of Maryland Tax Credit

Grant Recipients at Women & Girls Fund Annual Luncheon

Church Preservation Funds Established as Mission Partners

Thirty-four individual gifts to 23 different endowments at MSCF were made through the Endow Maryland Program in calendar year 2016. These mission partners took advantage of a tax credit that the State of Maryland established to help build permanent charitable funds for local communities across Maryland. Significantly, MSCF has earned the largest share of available tax credits through the Endow Maryland Program this year. Donors received $58,448 in tax credits for new contributions to endowments at the Mid-Shore Community Foundation. Endow Maryland awards tax credits for donations of $500 to $50,000 to endowed funds at participating community foundations, including the Mid-Shore Community Foundation. Contributions must be directed to new or existing permanently endowed funds that benefit Maryland communities. The tax credits, which are 25% of the value of the contributed cash or securities, are awarded to both businesses and individuals on a first-come, first-served basis. A taxpayer may claim a maximum of $12,500 in Endow Maryland Tax Credits per year.


Left: The Friends of St John’s Chapel established an agency fund at MSCF in 2017 to preserve and maintain the historic 1891 church on Tilghman Island Right: St Paul’s Evangelical Lutheran Church in Cordova established an agency fund with the Foundation to ensure long term support for the mission of the church

Become a Mission Partner – Open a Fund

FRYLING ESTATE ESTABLISHES $3 MILLION FUND AT COMMUNITY FOUNDATION A bequest from the estate of John and Charlotte Frying of approximately $3.4 million established a donor-advised fund at the Foundation for the benefit of the Mid-Shore community. The Frylings moved to Easton in 1993 from Arlington, Virginia to continue their shared passion for sailing the Chesapeake Bay. They continued to sail until John’s 12 year battle with multiple myeloma made that impossible. John Fryling passed away in 2011 and his wife of 33 years, Charlotte, died of complications from Multiple Sclerosis in 2016. John Fryling, a native of Grand Rapids, Michigan, grew up in Upstate New York. He was active in scouting and achieved the rank of Eagle Scout. He graduated from Cornell University with a degree in Electrical Engineering. After two years of service in the U.S. Army at the White Sands Missile Range, he eventually established his own firm in Arlington, Virginia, Fryling Technical Services, Inc., focusing on underwater acoustic equipment. Charlotte Fryling was a native of Richmond, Virginia. After graduating from Western Maryland College in 1966 with a degree in biology, she pursued a career as a biologist and worked for many years in cancer research at the National Institutes of Health in Bethesda, Maryland. John and Charlotte Fryling

After their marriage in 1978, the Frylings enjoyed skiing together throughout the West and sailing in the summers. Together they sailed the entire length of the Atlantic Coast, the Caribbean, and the Chesapeake Bay. Buck Duncan, president of the Mid-Shore Community Foundation, noted the significance of this bequest: “Through the establishment of this very generous endowment at MSCF, John and Charlotte Fryling have significantly expanded the grantmaking capacity of the Foundation to support this community in perpetuity. We are very fortunate that their love of sailing brought them to this community and that they left a legacy that will forever enrich the Mid-Shore.”

GRANTMAKING FUNDS AT MSCF American Legion, Blake-Blackston Post #77 Fund American Legion Post 192 Foundation Andrew Family Foundation Blenda W. and Bruce C. Armistead Fund Artistic Insights Fund Lloyd Lowndes Beatty, Sr. Fund Nicholas E. Bramble “Ironman” Foundation Breezy Point Fund Bryan Brothers Foundation Buffalo Soldiers Cavalry Scouts Fund CtC Family Fund Fund for Caroline County The Chestnut Knoll Fund Chestertown Library Preservation Foundation Chestertown Library Preservation Foundation - Paca The Clifton Fund Cold Day Funds Marvin B. Coppage Children’s Hunter Education Fund Reade W. and Mary P. Corr Funds C. Paul Cox Family Fund Daisy Fund Damon/Sherry Family Fund Marci Bee Dayton Memorial Funds Fund for Dorchester County The Draut Fund Elm Street Development Eastern Shore Community Fund Elsberg Family Foundation Elsberg Family Fund Ferree Fund Founders’ Fund Fryling Fund Granville Fund Gratitude Fund Groundhog Day Fund Dave Haslup/ALS Foundation Heartfields Fund Our Hearts for Kids Fund Jane and Robert Hellawell Foundation Margaret Herring Fund Bonnie Hilghman Cancer Fund Roberta B. Holt Fund Inini Zar Foundation for Animal Welfare Mary Louise Inkell Youth Fund

Community Investment Fund Jabez Fund Katra Fund Bobi Kendall Memorial Award Fund Fund for Kent County Timothy Kern Memorial Fund Michael D. Kilgus Dollars Fore Scholars Fund Arthur H. Kudner, Jr. Fund The Prudence Kudner Scholarship Fund Lamplighter Foundation Fund Alice Bartlett Lane Fund for the benefit of The Dixon House Frederick N. and Phyllis H. Leonard Fund Hope Fulton and Joel C. Leuchter Philanthropic Fund Roberta E. Lewin Theatre Fund Edmund Lindemuth and Melvyn Schofield Endowment Fund Col. Edgar & Catherine Linthicum Fund Friends of the Little Red Schoolhouse Endowment Fund Richard Lockhart Fund for the benefit of the Benedictine School Mary B. Lynch Scholarship Fund Barbara L. Manley Scholarship Fund Joseph S. Mansfield, Sr. Memorial Fund McMahan Family Fund Merriewold Trust Bill and Judy Munn Family Fund Nagel Family Fund David A. Nagey Foundation for Perinatal Outreach Education and Research John M. Nashold Fund f/b/o Caroline County Humane Friends of the North Easton Sports Complex Fund Sumner and Fran Parker Fund Partners for Paws Animal Fund Thomas Perrin Smith Fund Audrey B. Pierce Fund PNC Fund for Caroline County PNC Fund for Kent County PNC Fund for Queen Anne’s County PNC Fund for Talbot County Providence Fund Fund for Queen Anne’s County Mid-Shore Board of Realtors Foundation Reynolds/Cristiano Fund

Harry C. and Creighton J. Rhodes Fund Ripple Fund Thomas E. and Alice B. Robinson Fund Samuel W. and Marilyn C. Seidel United Jewish Communities Fund Sener Durham Fund Jason Weldon Sherertz Memorial Fund Springbrook Fund Nick Spry Memorial Fund Roberta Hall Stephens Memorial Flowers for Old Wye Church Fund Roberta Hall Stephens Memorial Altar Flowers for Trinity Lutheran Fund Frances Stevens Fund Michael C. Stone Memorial Award Fund Sarah H. Willis Charitable Trust The Talbot Twelve Foundation Fund for Talbot County Talbot Problem Solving Courts Fund Doris R. Thompson Activities Fund Charles H. Thornton Family Fund George B. Todd Fund Two Feet on the Ground Fund Wells Family Fund Clifton F. West, Jr. Fund Wilke Fund J. McKenny Willis, Jr. Award Fund William L. & Bonnie B. Wilson Fund Wolin Family Tzedakah Fund Wolin Fund for Youth in Foster Care Women & Girls Funds Women & Girls Fund - Daisy Funds - Ella Hand Anderson - Lucy Anderson - McKenna and Alexa - Annabelle Fichtner - Tessa Hillenmeyer - Maxine Johnson - Olivia Keller - Allie Marriott - Mary Lou McAllister - Ryan Family - Lauren Westrick - Elizabeth Wilford Women & Girls Fund - Sheryl V. Kerr Award Women’s Club of Caroline County

L-R, Jeffrey Parker, MSO VP; Buck Duncan, MSCF President; Valerie Mazur, MSO Area VP; Julien Benichou, MSO Music Director

Anonymous Donors Establish a Designated fund for Mid-Atlantic Symphony Orchestra Donors, who wish to remain anonymous, made a major gift to establish a MSCF endowment fund for the benefit of the Mid-Atlantic Symphony Orchestra. The fund was established to ensure the long term growth and life of the MidAtlantic Symphony Orchestra and to nurture understanding and appreciation of symphonic music on the Eastern Shore, including educational opportunities for young listeners. Charitable contributions to the fund from the community are encouraged.


MSCF Awards $1,974,276 in Grants to 351 Charities

A Jewish Voice for Peace, $2,000 Abused Women’s Aid in Crisis, $1,000 Academy Art Museum, $36,000 ACLU Foundation of Maryland, $1,352 Adas Israel Congregation, $751 Affiliated Sante Group, $2,500 ALANO Club of the Piedmont, $2,000 Allegheny Cemetery Historical Association, $95 American Folklife Center, $100 American Jewish World Service, $1,000 American Public University, $1,000 American Society for the Protection of Nature in Israel, $118 American Youth Football & Cheer - Dorchester, $2,500 Amnesty International USA, $458 Anchor Point, $27,500 Anchorage Neighborhood Health Center, $1,000 Anne Arundel County Public Library Foundation, $1,000 Antique Airplane Association, $2,000 AOPA Air Safety Foundation, $1,000 Araminta Freedom Initiative, $1,000 Asbury United Methodist Church, $3,880 Asbury University, $5,000 ASFIP Foundation, $2,500 The Aspen Institute, $1,000 Associazione Imparare Giocando Onlus, $20,000 Avalon Foundation, $13,676 BAAM, $5,500 Baltimore Symphony Orchestra, $1,200 Barbabas and Partners, $13,500 Bay Area Community Church, $8,000 Bay Hundred Community Volunteers, $2,668 Bayside H.O.Y.A.S. , $1,500 Baywater Animal Rescue, $5,250 Beans Cafe, $1,000 The Ernest and Eileen Bell Charitable Foundation, $2,680 Benedictine Foundation, $6,537 Bond Servants, $10,000 Boy Scouts of America, Del-Mar-Va Council, $1,000 Boys & Girls Clubs of Annapolis , $1,500 Nicholas E. Bramble Sportsmanship Awards, $300 Bridges at Worthmore, $3,280 Bridgewater College, $1,000 Brighter Christmas Fund, $2,600 Bryan Brothers Foundation, $89,386 James B. Busick Tennis Foundation, $5,000 Calvary Asbury Methodist Church, $1,000 Cambridge South Dorchester High School, $5,000 Capstone Community Action, $1,500 Carolina Crown, $1,000 Caroline County Council of Arts, $800 Caroline County Health Department, $3,200 Caroline County Historical Society, $800 Caroline County Humane Society, $13,871 Caroline County Recreation and Parks, $600 Caroline Hospice Foundation, $700 The Carpenter’s Boatshop, $250 CASA of the Mid-Shore, $41,100 Catholic Social Services, $1,500 Center for Rural Affairs, $2,000 Channel Marker, $16,000 Character Counts! Mid-Shore, $1,450 Chesapeake Bay Foundation, $100 Chesapeake Bay Maritime Museum, $10,136 Chesapeake Cats and Dogs, $4,832 Chesapeake College - Wolin Scholarship, $2,500 Chesapeake College - Corr Scholarship for Kent County Students, $8,000 Chesapeake College - Medical Auxiliary Scholarship, $739 Chesapeake College - dual enrollment , $35,874 Chesapeake College Foundation, $12,034 Chesapeake Culinary Center, $1,000 Chesapeake Life Center, $1,550


Chesapeake Multicultural Resource Center, $11,621 Chesapeake Music, $500 Chesapeake Wildlife Heritage, $4,228 Chester River Association, $636 Chester River Chorale, $1,200 Chester River Health Foundation, $2,000 Chester Valley Ministers’ Association, $300 Chestertown Havurah, $500 Chestertown RiverArts, $239 Chestertown Rotary Club, $2,900 Chestertown Volunteer Fire Company, $300 Chesterwye Center, $1,000 Children’s Home Foundation of the Eastern Shore, $250 Choices Pregnancy Help and Resource Center, $500 Choptank Community Health System, $4,000 Choptank Elementary School, $2,500 Christ Church Day School, $588 Christ Episcopal Church, $2,680 Christian Camps dba Deerfoot Lodge, $2,500 Church Hill Elementary School, $3,000 Church Hill Theatre, $3,989 Circle of Tapawingo, $200 Civil Air Patrol, Maryland Wing, $500 Classic Motor Museum of St. Michaels, $2,500 Clemson University Athletic Department, $18,500 Community Food Pantry, $2,400 Compass Regional Hospice, $19,696 Copper River Watershed Project, $500 The Country School, $17,369 The Country School - George B. Todd Scholarship, $6,000 Critchlow Adkins Children’s Center, $14,500 Crossroads Community, $14,894 Cru, $5,500 Crumpton Cemetery Association, $200 Crumpton Volunteer Fire Company, $500 Deck House School, $2,500 Delmarva Community Services, $4,000 Delmarva Nesting Foundation, $500 Denton Volunteer Fire Department, $700 Destined to Rise Coalition, $2,736 Destiny Arts Center, $250 The Dixon House, $2,267 Doctors Without Borders, USA, $1,000, $1,000 Dorchester Center for the Arts, $4,680 Dorchester Chamber Foundation - George B. Todd Scholarship, $10,000 Dorchester County Community Service Providers, $6,000 Dorchester County Family YMCA, $43,160 Dorchester County Historical Society, $1,440 Dorchester General Hospital Foundation, $15,690 EAA Vintage Aircraft Association, $1,000 Easter Seals - Camp Fairlee , $71,342 Eastern Shore Community Rowers, $250 Eastern Shore Land Conservancy, $3,000 Eastern Shore Veteran’s Cemetery Committee, $1,000 Easton Choral Arts Society, $5,467 Easton Elementary School, $75 Easton High School, $5,701 Easton Little League, $1,000 Easton ROCKS After School, $2,122 Easton Volunteer Fire Department, $2,138 Echo Hill Outdoor School, $6,600 Emmanuel Episcopal Church Preservation Fund, $8,000 Encore Creativity for Older Adults, $2,500 Episcopal High School, $2,500 Episcopal Relief & Development, $3,000 Fellowship of Christians in Universities and Schools, $6,000 Fire Prayer Ministry, $7,500 For All Seasons, $34,625 The Forward Association, $100 Foster Youth in Action, $144

Foundation for Community Partnerships, $135 Foundation for Financial Education, $12,500 Foundation for the Kent County Public Library, $538 Freedom Rowers, $3,300 Friends of Blackwater, $100 Friends of Eastern Neck, $1,000 Friends of Quiet Waters Park, $1,000 Friends of the Kent County Public Library, $188 Galena Elementary School, $845 Garfield Center Foundation , $500 Garfield Center Foundation - Chestertown Harry Potter Festival, $24,963 Garrison Forest School Annual Fund, $588 Georgetown Day School, $500 Gideons International, $10,000 Girl Scouts of the Chesapeake Bay Council, $500 The Elizabeth Glaser Pediatric AIDS Foundation, $2,500 Global Health Partnerships, $1,000 Globe Aware, $3,200 Gospel Volunteers, $2,500 Greater New Hope Church and Ministries - Sister to Sister, $300 Greenville Health System, $1,000 The Gunston School, $5,000 H. H. Garnett Elementary School, $845 Habitat for Humanity Choptank, $4,044 Haley’s Helping Hands of Maryland, $500 Harvesting Hope Youth and Families Services, $250 Haverford School, $100 Heron Point of Chestertown, $684 Hiram College, $325 Historical Society of Kent County, $300 Historical Society of Talbot County, $5,750 Homeports, $350 Homerun Baker Little League , $150 Horizons of Kent and Queen Anne’s, $12,200 Immanual Lutheran Church, $150 International Rural Water Association, $10,000 J Street, $1,750 Jewish Federation of Greater Washington, $2,000 The Jewish Federations of North America, $1,505 Jewish Historical Society of Greater Washington, $2,500 Johns Hopkins Children’s Center, $2,354 Johns Hopkins University, $7,000 Junior Achievement of the Eastern Shore, $2,750 Keep Kent Scenic, $1,000 Kennard Alumni Association, $15,000 Kennicott-McCarthy Volunteer Fire Department, $1,500 Kent Agricultural Center, $25,500 Kent Association of Riding Therapy, $10,500 Kent Center, $4,100 Kent County Arts Council, $5,000 Kent County Health Department, $5,005 Kent County High School, $845 Kent County Learning Center, $400 Kent County Medical Adult Day Care, $1,000 Kent County Middle School, $845 Kent County Public Library, $4,925 Kent County Public Schools, $3,626 Kent School, $27,828 Key School, $30,000 Kingdom Church and Ministries, $2,750 Ladies of Nia, $3,500 The League of Women Voters of Kent County, $4,000 Lee Bottom Aviation Refuge, $1,000 The Light House, $1,000 Living Waters Assembly, $2,172 The Leukemia & Lymphoma Society, $350 Lymphoma Research Foundation, $500 The Madeira School, $2,000 Main Street Housing, $1,825 The Mainstay, $100 Maryland 4-H Foundation, $400

Maryland Center for Veteran’s Education & Training, $1,000 Maryland Food Bank, $10,250 Maryland Hall for the Creative Arts, $2,500 Maryland Public Television, $700 Massey Air Museum, $2,500 Mauldin Rotary Club Foundation, $1,000 Mayo Foundation, $500 Memorial Sloan Kettering Cancer Center, $500 Mental Health Association of the Eastern Shore, $14,832 Mercy Corps, $3,000 Mid Shore Community Mediation Center, $250 Mid-Atlantic Symphony Orchestra, $1,500 Mid-Shore Early Learning Center, $2,500 Mid-Shore Pro Bono, $5,300 Mid-Shore Board of Realtors Essay Contest, $800 Midshore Riverkeeper Conservancy, $1,500 Miles River Yacht Club Foundation, $3,000 Millington Elementary School, $845 Millington Volunteer Fire Company, $500 Millington Youth Baseball Association, $1,000 NAACP, $150 Narramore Christian Foundation, $1,250 National Brain Tumor Society, $500 National Music Festival, $6,000 National Outdoor Foundation, $250 National Resources Defense Council, $1,000 Neighborhood Service Center, $3,680 New Beginnings Youth & Family Services, $21,019 Nordic Journeys, $500 Nordic Skiing Association of Anchorage, $1,000 North Caroline Clergy Association, $2,672 North Caroline High School, $4,700 North Dorchester High School, $2,900 Old Wye Church, $10,892 Orangutan Foundation, $1,000 Oxford Community Center, $500 Partners in Care Maryland, $6,000 Peabody Institute of Johns Hopkins University, $1,000 The Peace Center Foundation, $5,000 Phillips Wharf Environmental Center, $1,500 Pickering Creek Audubon Center, $3,300 Pine Street Committee, $11,019 Piper Aviation Museum Foundation, $1,000 Planned Parenthood of Maryland, $500 Planned Parenthood of Northern New England, $2,000 Planned Parenthood of the Great Northwest, $1,000 Pleasant Day Adult Day Care Center, $10,000 Potomac Antique Aero Squadron, $2,500 Preston Volunteer Fire Company, $14,598 Queen Anne’s County Board of Education, $22,289 Queen Anne’s County Local Management Board, $6,262 Radcliffe Creek School, $17,603 Really Great Cats Rescue, $5,498 Rebuilding Together Caroline County, $6,250 Rebuilding Together Kent County, $4,724 James B. Richardson Foundation, $20,000 Richardson Men’s Bible Class of St. Paul’s, $2,000 Rise Against Hunger, $500 Rock Hall Elementary School, $845 Rock Hall Volunteer Fire Department, $1,239 Saint Luke’s Chapel, $2,700 Saint Luke’s School, $500 Saint Martin’s Ministries, $47,441 Saint Michaels Community Center, $15,000 Saint Michaels Episcopal Church, $300 Saint Michaels Little League, $410 Saint Michaels Middle/High School, $8,658 Saint Paul’s Episcopal Church, $1,250 Saints Peter & Paul School, $500 Samaritan Group, $2,000 SAT-7 North America, $2,500 Scotts United Methodist Church, $2,680 Shore Medical Center of Chestertown, $500

Grants continued on page 7

Short Wing Piper Education Foundation, $1,000 SOAR in the Saddle, $2,000 Society of St. Vincent De Paul, $2,680 Southeast Alaska Conservation Council, $1,500 Southeastern Vermont Community Action, $1,500 Southern Poverty Law Center, $3,252 Special Olympics Maryland, $500 Spencer Theater for the Performing Arts, $1,000 Stop Hunger Now, $1,500 Sudlersville Cemetery Association, $200 Sudlersville Community Betterment Club, $5,235 Sudlersville Memorial Library, $1,500 Sudlersville Ruritan Club, $500 Sudlersville Volunteer Fire Company, $67,340 Sultana Education Foundation, $9,000 Talbot Community Connections, $500 Talbot County Arts Council, $6,000

Talbot County Department of Parks and Recreation, $6,840 Talbot County Free Library Foundation, $250 Talbot County Public Schools, $9,850 Talbot Hospice Foundation, $17,000 Talbot Humane, $11,476 Talbot Interfaith Shelter, $4,050 Talbot Mentors, $25,617 Talbot Partnership, $2,500 Talbot Special Riders, $2,000 Talisman Therapeutic Riding, $34,842 Tilghman Area Youth Association, $25,877 Tilghman United Methodist Church, $2,680 Tilghman Watermen’s Museum, $1,000 Town of Easton - Easton Police Department, $100 Townsend Memorial Medical Clinic, $1,000 Tred Avon Players, $2,122 Trinity Lutheran Church, $253

Washington College rowing/boathouse, $500 2016 MSCF Scholarship Recipients

Tri-State Bird Rescue and Research, $4,250 Trust for the National Mall, $750 Trustees for Alaska, $1,000 UM Memorial Hospital Foundation, $12,500 UM Shore Regional Health - Clark Comprehensive Breast Center, $59,641 Union United Methodist Church, $2,680 Unitarian Universalists of the Chester River, $500 United Fund of Talbot County, $22,566 United Way of Kent County, $2,239 University of Richmond, $2,500 Upper Shore Aging, $250 VA Medical Center, Elsmere, $1,000 VA Medical Center, Perry Point, $1,000 Vets Returning Home, $100 Wakefield Educational Foundation, $100 Washington College 1782 Society, $4,000 Washington College Prudence Kudner Scholarship, $850

Washington College Vincent Hynson Scholarship, $1,000 West Virginia Association of Realtors Relief Fund, $1,000 WETA, $50 Wikimedia Foundation, $250 The Willow School, $2,500 Women & Girls Fund Award - Ellen Rajacich/ YMCA of the Chesapeake , $500 Women & Girls Fund Sheryl V. Kerr Award - Cheryl Hughes, $2,500 Working Artists Forum, $3,367 Worton Elementary School, $845 Wye River Upper School, $48,169 WYPR - Your Public Radio Corporation, $250 Yale University, $250 YMCA of the Chesapeake, $48,500

2017 Grants and Charitable Expenses by Category in millions




human services


animal welfare




education/youth development




Six MSCF funds together contributed over $70,000 to the capital campaign for Easter Seals’ Camp Fairlee in Chestertown. Campus below.




2017 MSCF Scholarship Recipients Colt Abbott Scholarship

Dorchester Heritage Museum/Dale Price Memorial Scholarship

Jake Morris

American Legion, Blake-Blackston Post #77 Scholarship Kierra Blassingame Kabrea Deshaya Hayman Tiffany Jacobs Khiara MacElree

Cameron McCoy Quanesha Miller Rikki Moaney

Artistic Insights Scholarship Olivia Davidson

Emma Brohawn

B.A.A.M. College Assistance Scholarship Brady Fitzgerald

Xavier Rahim

Dorothy Webb Black Memorial Scholarship Immanuel Arriaga Chondalyn Beasley Aryah Copper Chris Guy

Tara Jenkins Quinn Jennings Ma’Leah Nichols

Nicholas E. Bramble “Ironman” Scholarship Angelica Borrero-Sichette Andrew Griffith Emily Hock Quinn Jennings Pyper Keeney Sierra Lyons

Will Rieck Samantha Romberger Jasmine Sisco Anna Slaughenhoupt Tori Weems

William O. Bryan Memorial Scholarship Mya Mothershead

Centreville High School Alumni Association Scholarship Lydia E. Chanaud Lawrence Chanaud Madison Green

Morgan Kearney Kristen Moore Zachary Schmidt

Chestertown Wildlife Scholarship Cameron Moye

Michaela D. Coulbourn Memorial Scholarship Alexis Planner

Marci Bee Dayton Memorial Scholarship Maniya Dockins

India Jones

Frederick Douglass Honor Society Scholarship Immanuel Arriaga Chondalyn Beasley Aryah Copper Andrew Daly Chris Guy

Tara Jenkins Quinn Jennings Ma’Leah Nichols Maya Thomas

Margaret Ferree Memorial Scholarship Monte James

Lauralee T. Goodall Memorial Scholarship Devon Miller

Jiordan Carter

Gutshall Scholarship Hannah Fountain

Josephine Wanner

Dr. Jay Harper Memorial Scholarship Beth Thomas

Dave Haslup/Lou Gehrig Athletic Scholarship at Chesapeake College

Sydney Pollard Maya Robinson Devin Stanford Courtney Stubbs Seth Williams Kassidy Willis Katie Worm

Grover Bert Hastings and Bernice Wooters Hastings Scholarship Brooke Planner

Mary Anne Hatcher Scholarship Riley DeTar

Carter and Marion Hickman Memorial Scholarship Mallory Pletzer

Caitlin Adams Kashia Adams Josh Becker Madison Bee Zach Bee Michelle Benton Devon Bordonaro Cameron Byrd Katie Carter Joniya Copper

Shania Garcia-Herrera Hunter Joseph Priya Patel Haley Reed Sawyer Scott Garrett Shull Chris Smith Megan Smith Mitchell Wilson

Roberta B. Holt Career and Technology Scholarship Jessica Shorter

Jamie Hetrick

Jody Hyde Scholarship Emily Poad

Drs. Kenneth and Michael Judd Health Professions Scholarship Julia Reed

Dr. Elizabeth P. Hagen, Centreville High School Alumni Association Memorial Scholarship

Megan Andrew Sydney Butler Felicia Ell Megan Elmore Megan Joyner Alyssa Kendall Laura Korb Casey Mahon

Roberta B. Holt Scholarship

Timothy Kern Memorial Scholarship Jordan Reed Will Rieck

Don Marvel Memorial Scholarship Quinn Jennings

Mid Shore Recovering Veterans Group Scholarship Megan Neal Chris Smith

Moton High School Alumni Association Scholarship Destiny Batson Cameron McCoy

Tyjrae Banks Ikeah Bell Toni Brinkley Molly Dean Katie Lewis Amber Musgrove

Marangeliz Perez Cruz Jennifer Perez-Perez Jasmyn Robinson Taylor Scott Courtney Thomas Diana Velasquez

Pauline and Shirley T. Smith Scholarship Samantha Allen Megan Andrew Hajra Alvi Marshall Bailey Jill-Anne Benton Sean Blackwell Erica Butler Manar Dajani Aine Dowdall Matthew Ellingsworth Alyson Farnell Anna Curran Hortensius Stanley Lake

Mary Larrimore Ina Lucero Samantha McCreary Jennifer Pulliam Haley Reed Hannah Smith Shyanne Snow Keirien Taylor Janna Teat Lauren Todd Thomas Tyler Shelby Wallace Jason Wright

Austin & Martha Steele Scholarship

Dick Kleen Award

Meredith Camper Jake Morgan Mary Mulligan

Dr. Harold & Marjorie Shirk Scholarship

Megan Hannegan Maggie Jones Kendal Scharch

Cade Stanfield Jerome Thomas

Austin & Martha Steele Career and Technology Scholarship Aura Perez-Chavez Niurka Perez-Chavez Calvin Rookard

Kobi Ruark Pete Tippitt

George B. Todd Career and Technology Scholarship Kobi Ruark

Toni Palmer Tierney Stocker

Robert F. Walls Memorial Scholarship

Beverley A. Pattenden Scholarship

Washington College Arts Scholarship

Lauren Frank

Faith Gallagher

Andrew M. Radcliffe Scholarship Arion Askins

Sarah Worth

Kate Elliott Shannahan Career and Technology Scholarship Pete Tippett

Sarah H. Willis Scholarship Gabrielle Leach

Saint James School Scholarship to benefit Eastern Shore Students Morgan Moseley

Madison Molter

Savannah Masterson

Constance Wolcott Memorial Scholarship Bryanne Cahall

Daniel H. and G. Ruth Wright Memorial Scholarship Arion Askins

Marlin U. Zimmerman Scholarship Ziola Berry



Holt Scholar Samantha Stelz Keynotes Breakfast


n the very first class of Roberta B. Holt Scholars in 2013, Samantha Stelz was awarded a scholarship to attend Towson University after finishing her first two years at Chesapeake College. As she explained to all those in attendance at the annual Scholarship Breakfast, “I remember one of the happiest days was getting accepted into Towson. But then came the dilemma- I didn't know how I would pay for it. All I wanted was an education that could help me to make a difference in other people's lives. I applied for the Roberta B. Holt scholarship, with hope. The Mid-Shore Community Foundation saw something in me— the day I found out I was receiving the scholarship . . . that was my happiest day, because I knew that now I could go to college. And now today I do make a difference in the lives of people, little people every day. I am a second grade teacher in Baltimore County at a very good school.” Roberta B. Holt established this scholarship to ensure that Caroline County residents could continue their education beyond high school and make a difference in their community. Samantha Stelz exemplifies the significant impact that scholarships can have on individuals and communities.



Art Cecil and Tom Hill Establish Kate Elliott Shannahan Career and Technology Scholarship

l-r, Art Cecil, Pete Tippitt, Tom Hill

l-r, Zach Bee, Haines Holt, Shania Garcia-Herrera, Chris Smith, Katie Carter, Caitlin Adams


Steele and Todd Career and Technology Scholarships Pete Tippitt, Aura and Niurka Perez-Chavez, Calvin Rookard, Jr., and Kobi Ruark are recipients of the Austin and Martha Steele Career and Technology Scholarships and Kobi Ruark is also the recipient of the George B. Todd Career and Technology Scholarship. Aura and Niurka plan to pursue a career in nursing at Chesapeake College, Calvin is enrolled at Massachusetts Maritime Academy majoring in marine transportation and business, and Kobi plans to enroll at the Pennsylvania College of Technology seeking a welding and fabrication degree.

l-r, Maggie Jones, Cade Stanfield, Megan Hannegan, Kendal Scharch, Jerome Thomas

SCHOLARSHIP COMMITTEE Alice Ryan, Co-Chair John Lewis, Co-Chair Herb Andrew Jacques Baker Royce Ball Clairdean Black Liz Brice Dale Kevin Brown Art Cecil Ernie Chadderton Susan Chaffinch LaMonte Cooke Jane Coppage Sara Jane Davidson Jackie Davis


Melissa DeLuca Silvia Diaz Susan Dillon Charlyn Fisher Charlie Fitzgerald Linda Fletcher Bill Greenly Monica Heinsohn Margel Highet Judith Hull Chad Knox Susan Leight John Masone Donna Matthews Greg Meekins

Felix Morrison Matthew Peters Rose Potter Clay Railey Penny Reynolds Stephen Rideout Kenley Timms Francesca Wiseman

Art Cecil and Tom Hill created a scholarship at MSCF in honor of their grandmother, Kate Elliott Shannahan, to support students who want to continue their education in a skilled trade. Scholarship recipient Pete Tippitt wants to become an ASE Master Technician and plans to use the scholarship to enroll at the Community College of Baltimore County in their Associate Degree program in Automotive Technology.

Pete Tippitt, Kobi Ruark, Aura and Niurka Perez Chavez

Roberta B. Holt Career and Technology Scholarship

Calvin Rookard, Jr.

Jessica Shorter is the recipient of the Holt Career and Technology Scholarship and plans to pursue a degree in Dental Hygiene at Howard Community College after completing her first year at Chesapeake College.

MSCF Annual Meeting Highlights


The Mid-Shore Community Foundation held its Annual Meeting and Awards luncheon at Chesapeake College. An overflow crowd of grant recipients, nonprofit leaders from throughout the Mid-Shore, board members, MSCF volunteers, and other civic and community leaders gathered to hear a report on the Foundation’s progress over the last year presented by board chair, Moorhead Vermilye.

presented to a nonprofit organization that has made significant contributions to our region and to the volunteer who has been instrumental in the organization’s success

The program featured comments from North Caroline High School student Brittney Lane, who spoke about her experience as a Roberta B. Holt dual enrollment scholar enrolled at Chesapeake College and earning college credit while finishing her diploma requirements at North Caroline. In addition, John Handley thanked the Foundation for his Pauline and Shirley Smith Scholarship at University of Maryland College Park and its role in helping him land his current job as Special Assistant to Comptroller Peter Franchot. Chesapeake College President Barbara Viniar concluded the guest speaker portion of the program by describing the critical partnership between Chesapeake College and the Foundation in ensuring access to postsecondary education for residents throughout the Mid-Shore. Following the presentations, Buck Duncan, President of MSCF, and Moorhead Vermilye, Chairman of the Board of Directors, honored area nonprofits, community volunteers and professional advisors for their service to the Mid-Shore community.

Royce Ball, volunteer and founder of the Mid-Shore Recovering Veterans Group Fund, received the J. McKenny Willis, Jr. Award on behalf of the Mid-Shore Recovering Veterans Group. Founded in 2011, the Mid-Shore Recovering Veterans Group (MSRVG) serves veterans in five Counties —Caroline, Dorchester, Kent, Queen Anne’s and Talbot. The MSRVG is committed to assisting veterans—from providing wheelchairs and handicap ramps, to providing food and transportation to veterans in dire need. MSRVG works closely with Maryland’s Commitment to Veterans, the Continuum of Care, Social Services and other agencies and organizations that serve veterans. They help veterans navigate through the government agencies and often overwhelming paperwork. In addition to serving veterans, MSRVG provides services to the family members of the veterans it serves.

THE TOWN WATCH SOCIETY, presented to a community volunteer in recognition of their leadership and service on the Mid-Shore

Clockwise from upper left: Moorhead Vermilye, John Handley, Barbara Viniar, Brittney Lane

Tom Helfenbein was inducted into MSCF’s Town Watch Society for his untiring work as a volunteer on behalf of his community. Tom has volunteered on the board of Compass Regional Hospice since 2010, and has served as Board Chair since 2016. He still heads the men’s breakfast club at the Kent Island United Methodist Church, serves in the Lions Club, Centreville Lodge, and serves as president of the Queen Anne’s County Arts Council. He sits on the Chesapeake College Foundation Board and brought the Storytelling Festival to fruition. His dedication to community, and his willingness to help anyone in need exemplifies the qualities of a member of the Society.

THE GOLDEN KEY SOCIETY, SPECIAL ACHIEVEMENT AWARD Terry Mead, President of The Caroline Foundation Board of Directors, received the Special Achievement Award on behalf of The Caroline Foundation. The Directors of The Caroline Foundation sold Caroline Nursing Home and The Gables to an expert third party who could more effectively ensure the survival of the services in Caroline County. With $14 million in proceeds from the sale, the Directors established a permanent fund for grantmaking to area nonprofits that provide medical or health-related services to residents of Caroline County. Through this leadership, The Caroline Foundation will significantly contribute to the health of the residents of Caroline County in perpetuity.

presented to professional advisors who have made a significant impact on philanthropy John Valliant was inducted into the Golden Key Society for his ongoing advocacy in support of area non-profits. He has directed philanthropy toward nonprofit capacity building and leadership development throughout the region. John is the founder and principal of the Responsible Philanthropy Group, LLC, a consulting firm specializing in nonprofit and family foundation issues and President of the Grayce B. Kerr Fund, Inc., a private family foundation in Easton, Maryland.



Board of Directors Officers Moorhead Vermilye, Chairman, Talbot County John Dillon, Vice Chair, Talbot County David Nagel, Treasurer, Caroline County Brett Summers, Secretary, Dorchester County

At fiscal year-end, the Mid-Shore Community Foundation hit an extraordinary milestone—our total assets exceeded $70 million!

Directors Ed Allen, Talbot County Jean Anthony, Kent County Joe Anthony, Talbot County Richard “Dick” Barker, Kent County Stuart Bounds, Talbot County William “Bill” Boyd, Talbot County William “Bill” Brooks, Dorchester County Janelle Buck, Dorchester County Susan Chaffinch, Caroline County Sara Jane Davidson, Queen Anne’s County David DeLuca, Dorchester County Kathy Deoudes, Queen Anne’s County Stuart “Mickey” Elsberg, Kent County Mark Freestate, Queen Anne’s County

Heather Guerieri, Queen Anne’s County Clement “Clem” Hathaway, Caroline County Kirk Helfenbein, Kent County Ann Jacobs, Caroline County Kenneth “Ken” Kozel, Talbot County William “Sandy” McAllister, Dorchester County John McGinnis, Dorchester County Greg Meekins, Dorchester County Felix Morrison, Caroline County Alice Ryan, Talbot County Richard Scobey, Talbot County Barbara Viniar, Talbot County Arraminta Ware, Kent County

Kathy Deoudes lives in Queen Anne’s County and serves on the boards of UMD Shore Regional Health, Compass Regional Hospice, and our Women & Girls Fund. She worked for many years as an Executive Legislative Aide in the Maryland Senate and brings a unique perspective to MSCF’s Grants Committee. Clem Hathaway lives in Caroline County and is retired from his career as an Executive Loan Officer with MidAtlantic Farm Credit in Denton. We welcome him to our Grants Committee. Felix Morrison retired from a career in pharmaceuticals, and currently serves on the Property Tax Assessment Appeals Board for Caroline County, the board of Rebuilding Together Caroline County, and on MSCF’s Scholarship Committee.

John Dillon, Chair Joe Anthony Bill Boyd Ann Jacobs John Lewis David Nagel Alice Ryan Brett Summers Moorhead Vermilye

Alice Ryan, Co-Chair John Lewis, Co-Chair Ed Allen Liz Brice Bill Brooks Charlie Capute Kathy Deoudes Susan Devlin Mickey Elsberg Heather Guerieri Clem Hathaway Berl Lovelace Sandy McAllister Richard Scobey Moorhead Vermilye Barbara Viniar

Finance Committee David Nagel, Chair Joe Anthony Dick Barker David DeLuca John Dillon Charlie Fitzgerald Bill Lane John McGinnis Terry Mead Jim Vermilye

Institutional Advancement Committee Bill Boyd, Chair Jean Anthony Sara Jane Davidson John Dillon Mark Freestate Duane Hilghman Greg Meekins

On the liabilities side of the ledger, the increase of $1.6 million in agency payables reflects the addition of several new nonprofit agency funds. In FY2017, we facilitated nearly $3.4 million in grants and charitable program support, and added $7.5 million to our permanent grantmaking assets.

We are very fortunate to have a board and investment and finance committees which have been extraordinary stewards of our assets. Our staff is exceptionally efficient and effective in their work, and we have the honor of serving a very generous and philanthropic community. W.W. “Buck” Duncan, President June 30, 2017

Operating Expenses as % of Total Assets

MSCF Assets

$ in millions 80


70 60


50 1.00%

40 30




10 2014




Statement of Financial Position

MSCF Committees Grants Committee

Our 2017 increase in assets of over $11.2 million (+19%) was led by investment results that exceeded $6.2 million—in sharp contrast to last year’s less than $750,000. Asset growth was also supported by an increase over last year of $3.2 million in estates in settlement—part of the Frying Estate you read about on Page 5. Contributions were up over last year’s extraordinary level and, at $7.6 million, were well above historic levels at the Foundation.

Operating expenses at the Foundation were below 1% of our total assets—well below the benchmark for community foundations with our asset base.

New Board Members

Executive Committee

Twenty-five years ago, MSCF was founded with an initial contribution of $236,000. Since then, we’ve processed over $69 million in contributions and distributed $29.5 million in grants and charitable expenses. We’ve highlighted a few of the significant milestones that supported that activity on Page 2 of this Report. Today, the Foundation holds over $63 million in long-term investments for the benefit of our community.

Brett Summers Sharon VanEmburgh Moorhead Vermilye Hubert Wright

Investment Committee Joe Anthony, Chair Scott Beatty Art Cecil David DeLuca John Dillon Ken Kozel Horace Lowman Terry Mead David Nagel Moorhead Vermilye

Nominating Committee Ann Jacobs, Chair Stuart Bounds Janelle Buck John Dillon Mark Freestate Kirk Helfenbein Arraminta Ware

25 Years of Service Celebrating 25 Years The Bullitt House · 102 E. Dover Street Easton, Maryland 21601 Phone 410.820.8175 · Fax 410.820.8729

Assets Cash Receivables from Estates in Settlement Investments Property and Equipment, net of Depreciation Other Assets Total Assets Liabilities and Net Assets Accounts Payable Grants Payable Charitable Gift Annuity Obligations Agency Payables Net Assets Total Liabilities and Net Assets





2016 Audited

2017 Unaudited

1,109,655 - 55,767,415 1,744,448 1,016,652

1,558,203 3,231,381 63,302,431 1,739,850 1,028,182



109,782 1,964,315 773,205 2,779,853 54,011,015

133,115 1,755,800 736,243 4,416,267 63,818,622



6,428,145 741,348 (127,972) 26,350

7,655,853 6,227,954 (91,339) 27,000



4,379,573 711,905

3,398,791 703,988



Statement of Activities Support and Revenue Donor Contributions Investment Results Change in Value - split interest agreements Rental Income Total Support and Revenue Grants and Expenses Grants and Charitable Expenses* Operating Expenses Total Grants and Expenses

*FY2016’s $4,379,573 total included an exceptional level of one-time grant activity ($1,116,000) from nonendowed donor advised funds. (FY2015 = $3,001,364; FY2014 = $2,627,214)

Celebrate the Shore

Report to the community, 2017  
Report to the community, 2017