Community Foundation of Warren County 60th Anniversary Commemorative Book

celebrating 60 years of philanthropy

COMMUNITY FOUNDATION OF WARREN COUNTY For good...Forever

www.communityfoundationofwarrencounty.org celebrating 60 years of philanthropy

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celebrating

60 years of philanthropy COMMUNITY FOUNDATION OF WARREN COUNTY For good...Forever

www.communityfoundationofwarrencounty.org Community Foundation of Warren County

For good...Forever www.communityfoundationofwarrencounty.org

DESIGN BY NELSON CREATIVE SERVICES, INC. | PRINTING BY WALKER PRINTING

Contents

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Director and Chairman Letter .......................... 4 The Board .......................................................... 5 History and Purpose ..........................................6 Governance ........................................................ 7 Advantages of Giving ........................................ 8 Designing a Legacy ............................................ 9 Types of Assets .................................................10 Corporate Division .......................................... 13 Scholarships .....................................................14 Restricted Funds............................................... 18 Unrestricted Funds........................................... 21 Distribution Grand Totals ................................ 24 Financials 2008-2007 .......................................25 Grantees ........................................................... 26 Frequently Asked Questions............................. 30

Front Cover Photos Clockwise

1. Molly Spilka, a proud scholarship recipient 2. One of many playgrounds supported 3. Warren Area Student Union 4. Warren General Hospital and Cancer Center 5. YMCA 6. Admiring her Humane Society quarters 7. Struthers Library Theatre 8. One of four county bands receiving support

www.communityfoundationofwarrencounty.org

Our Mission To provide leadership through philanthropy by diligently serving the interests of our trust beneďŹ ciaries, responding to the existing needs of the community and providing donors the opportunity to make a meaningful and beneďŹ cial impact on the future of Warren County.

Warr-Penn Building P.O. Box 691 213 West Third Avenue Warren, Pennsylvania, 16365 Phone 814.726.9553 Fax 814.726.7099 E-mail cfwc@westpa.net

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director and chairman letter 60 years ago, a small group of men and women thought that Warren County should have a foundation that would be able to provide support for education and various other needs for the citizens of Warren County. From its modest beginnings, this foundation has grown into a multi-million dollar organization. This growth has been possible through the generous gifts of numerous Warren County residents and the conservative investment policies of the Board of Directors.

John O. Hanna Chairman

As a result, in 2008, 387 county students shared $651,000 in scholarship aid and an additional $261,000 in matching grants sponsored by the state of Pennsylvania’s PHEAA PATH program, which was awarded through the Foundation. Sixty-two organizations in the county receive distributions every six months which, in 2008, totaled $470,755. These distributions are made from restricted endowment funds established on behalf of those organizations by the groups themselves or through gifts and bequests.

To further address community needs, an additional $487,000 was made available to various county organizations from UNRESTRICTED funds and endowments. The DeFrees Family Foundation, a supporting organization within the CFWC, also provided $301,350 to benefit the community in 2008.

Charles MacKenzie, MD Executive Director

Warren County has been blessed by the foresight of those early founders and by the continuous generosity of hundreds of donors over the past 60 years.

As we move into a new decade, new challenges and opportunities will present themselves for the Community Foundation of Warren County to meet.

We’re confident these challenges will be met as more and more donors take advantage of the opportunities to make a difference through the foundation.

We invite you to learn more about the CFWC in the pages which follow— and encourage you to join us in assuring that our efforts will continue “for good…forever”.

Jodee Andrews Administrative Support

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John O. Hanna Chairman

www.communityfoundationofwarrencounty.org

Charles MacKenzie, MD Executive Director

board The Warren County Community Foundation Board consists of seven members from Warren County. They are elected or appointed for a five-year term which is renewable. One is appointed by the presiding Senior Common Pleas Judge of Warren County, one is appointed by The Warren County Bar Association, one is appointed by the Mayor of Warren City, and two are appointed by the Foundation Trustees. Two additional members are elected by the five appointed board members.

COMMUNITY FOUNDATION OF WARREN COUNTY For good...Forever

Pictured from left: Robert Crowley – retired Senior Vice President Blair Corporation John O. Hanna, Chairman – retired CEO Northwest Savings Bank Bernard Hessley – practicing Attorney Barbara Tubbs – Warren Public Library Edward Kavanaugh – retired Trust Officer National City Bank Gerald Huber – retired Trust Officer PNC Bank Murray McComas – retired CEO Blair Corporation

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history and purpose Created in 1949, The Warren Foundation was set up as a non-profit community charitable trust to benefit our area. A self-appointed committee became the founding fathers of the Foundation.

Those founding fathers were:

Clare J. Crary, local philanthropist

Holger N. Elmquist, retired Trust Officer

James H. Frantz, Attorney

Raymond W. Steber, Trust Officer Warren Bank & Trust

Glenn E. Stone, Trust Officer Warren National Bank

The formal adoption of a Resolution and Declaration of Trust by the Boards of Directors of the Warren National Bank and the Warren Bank and Trust Company of Warren, Pennsylvania, on December 13, 1949 and December 14, 1949, respectively, created the Warren Foundation, now known as The Community Foundation of Warren County.

This name change emphasizes that the Community Foundation serves all of Warren County and also emphasizes that it is a community foundation as opposed to a private foundation. The Foundation established a new Corporation on March 12, 2004, which would enable the Foundation to expand the services it offers to donors and the community. This new corporation is now known as the “Corporate Division” of the Foundation and the original trustee structure is known as the “Trust Division”.

The only way to fill yourself up is by giving yourself away to other people.

—Oprah Winfrey

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PNC Bank and Northwest Savings Bank, which became a trustee bank for the Foundation in 2002, now manage the Trust Division investments. After various mergers over the years, both original trustee banks, Warren Bank and Trust Company and Warren National Bank, were absorbed into the current PNC Bank.

In 2007, Bank of New York Mellon was selected to manage the investments for the Corporate Division.

www.communityfoundationofwarrencounty.org

governance Assets of The Community Foundation of Warren County are a union of numerous gifts and bequests, contributed through the foundation, to either a trustee bank or to the Corporate Division for prudent investing and professional management. The income generated is distributed semi-annually by the banks to the Foundation to be used for charitable purposes. For the Trust Division, distribution of monies from the principal of endowment funds may only be made in limited circumstances and would require approval by the Board of Directors. Donor Advised Funds in the Corporate Division are an exception to this limitation.

Board of Directors, appointments and terms The Board of Directors consists of seven appointed individuals who serve the Foundation without compensation.

Members

John Hanna Bernard Hessley Murray McComas Gerald Huber Edward Kavanaugh Barbara Tubbs Robert Crowley

Former Distribution Committee Members

Chester S. Allen Harry W. Conarro Clare J. Crary Neil D. Paterson Mrs. Edith Dawson Perrin W. Scott Calderwood

1950-1961 1950-1961 1950-1963 1950-1962 1950-1968 1961-1992

Harry A. Logan Jr. William R. Walker Mrs. Gene Crary Mrs. Sarah Walker Mrs. Bernice Harrington Miss Kathryn B. Martin

1961-1989 1962-1999 1963-1986 1969-1981 1981-1986 1986-1996

Chairman 1963-1992

Appointed by

Mayor of Warren Bar Association Trustee Bank Trustee Bank Presiding Judge CFWC board CFWC board

Term

Years

5 years 5 years 5 years 5 years 5 years 3 years 5 years

1986–2009 1998–2009 1992–2009 1987–2009 1989–2009 2008–2009 2008–2009

Original Organizational Meeting 12/29/1949

Chester S. Allen

Neil D. Paterson

Harry W. Conarro

Clare J. Crary

Holger N. Elmquist

Executive Directors

Holger N. Elmquist Gerald A Huber

1950-1987 1987-2001

Dr. Charles MacKenzie

2001-2009

Assistant Director 1963-1986

Mrs. Edith Dawson Perrin

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advantages of giving Through the Community Foundation of Warren County

Each year we receive many grant requests from charitable organizations that serve the needs of our fellow citizens throughout Warren County. As the largest grant provider within our community, the Foundation knows and understands the many needs of local non-profit organizations. About 70% of all Americans give to charity during their lifetimes. The Warren Countians in this group are the people that have built the Foundation.

When one considers making a major or planned gift, or even a single contribution, the following advantages provided by the Community Foundation of Warren County can be helpful and attractive: 1. Simplicity 2. Flexibility 3. Tax Benefits 4. Cost Effectiveness 5. Long-term Management “for good…forever” We can help donors remain anonymous, or generate increased awareness for their philanthropy. Finally, we can gather and screen solicitations, creating a “one stop center” for a donor’s personal philanthropic giving— whether to one organization or many.

designing a legacy Through Different Types of Funds

Through the Community Foundation of Warren County, a donor can create a personal philanthropic legacy tailored to his/her specific needs and interests. The fund may bear the name of the donor, a loved one, or it may remain anonymous. You may specify general or specific charitable purposes. Funds established during your years of employment can provide immediate tax advantages. Grants are awarded in the names of the donors’ funds to their designated charities.

You may choose from the following eight fund types: 1. Unrestricted 2. Field of interest 3. Donor Designated 4. Donor Advised 5. Geographic 6. Scholarships 7. Agency Endowments 8. Life Income and other Planned Gifts

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1. Unrestricted These funds are typically created by visionary philanthropists with broad charitable interests. They offer current and future trustees of the Foundation maximum flexibility to respond to changing needs of the community, emergencies and to support the creation of innovative responses to community problems. Approximately 48% of gifts to CFWC are fully unrestricted or “Donor Advised” (see #4) and provide the Foundation with important flexibility.

designing a legacy Through Different Types of Funds

Donors who create one of our seven other types during their lifetimes can, if they choose, specify that their named fund become unrestricted after their deaths.

2. Field of Interest This fund allows a donor to support a particular broad charitable cause, such as education, the arts, health, youth or the disabled. The Foundation then seeks out worthy projects to support within this defined field of interest. Donors who create field of interest funds during their lifetimes often enjoy participating in the process of identifying worthy projects.

3. Donor Designated These funds are normally created to perpetually benefit one, or more, specific charities. Semi-annual grants will be made in the name of the fund so long as the receiving organization remains in operation and is consistent with its original charitable purpose. If not, the Board may redirect distributions to a charitable interest reflecting the donor’s original intentions. Again—“for good… forever.”

4. Donor Advised These funds are often an attractive alternative to the creation of a private foundation. Donors receive a tax deduction for the original, and any subsequent, gifts when made. Once the fund is established, the donors may designate deserving charities to benefit from fund income or, if desired, principal. Grants are then made, in the name of the donor’s fund, to the charities designated by the donor. Investments, paperwork and grant monitoring are all handled by the Foundation, with recognition flowing to the donor.

5. Geographic Donors whose charitable interests are limited to a particular geographic area within Warren County can establish geographically restricted funds to benefit those townships or communities.

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designing a legacy Through Different Types of Funds

6. Scholarships The Community Foundation of Warren County currently administers many different scholarships. These funds allow a donor to define a scholarship advisory committee and guidelines for candidate selection.

The CFWC also has a standing Scholarship Committee, familiar with educational needs and requirements, which is available for this purpose.

Scholarships can benefit a particular educational institution, field of study or be left to the discretion of the scholarship committee. Many individuals and professional advisors find the creation of a scholarship fund within a community foundation the simplest and most cost effective manner to fulfill the intentions of the donor.

7. Agency Endowments This type of fund is established when a non-profit organization agrees to transfer all, or part, of its endowment or assets to a self-designated fund within the Foundation. Individual donors can also establish agency endowments to benefit the charitable organizations of their choice.

8. Life Income and Other Planned Gifts Life income and other planned gifts create “win-win” opportunities for individuals and local charities. These may be created during one’s lifetime or by bequest. In most cases, the Foundation’s size, permanence, flexibility, and knowledge of local needs can provide value-added service to individuals considering this option.

Most commonly used are these five life income and planned giving options: 1. Charitable Gift Annuity Trust 2. Charitable Remainder Annuity Trust (CRAT) 3. Charitable Lead Annuity Trust (CLAT) 4. Life Estate 5. Life Insurance Should you wish to further explore any, or a combination, of these options, we invite you to contact the CFWC directly. Our Executive Director would be glad to provide you with further information, and would work closely with you, your accountant and/or financial advisor, in fulfilling your charitable intentions.

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types of assets For Charitable Gifts

The following types of assets are commonly used for charitable giving: 1. Cash 2. Appreciated Securities 3. Mutual Funds 4. Real Estate 5. Tangible Personal Property 6. Life Insurance 7. Qualified Retirement Plan Assets

1. Cash Cash, usually in the form of a check, is the most common form for charitable gifts. Cash gifts enable donors to claim a current income tax deduction of up to 50 percent of their adjusted gross income in the year the gift is given with a fiveyear carry-forward period.

2. Appreciated Securities Donors who contribute long term appreciated securities to the Foundation get a double federal tax benefit. Gifts of appreciated securities are deductible at their full market value if they have been held longer than twelve (12) months. Fair market value is the average of the high and low trades on the date of the gift. The capital gains tax on the stock’s appreciated value (the difference between the stock’s cost and its present fair market value) is completely avoided. The fair market value of the donated stock qualifies as an income tax deduction up to 30 percent of the donor’s adjusted gross income, with a five-year carry-forward if required.

3. Mutual Funds These funds can be an excellent asset to contribute to the Foundation. The fair market value of a mutual fund is its public redemption price on the valuation date. Gifts of mutual funds are deductible at their fair market value up to 30 percent of the donor’s adjusted gross income, with a five-year carry-forward if required. The donor must hold the property more than a year prior to the gift to receive the favorable treatment.

4. Real Estate Gifts of real estate include a house or personal residence, farm, vacation home, commercial buildings, and income producing or non-income producing land.

These gifts are deductible up to 30 percent of the donor’s adjusted gross income.

The deduction must be in the year of the gift with a five-year carry-forward period if required. The donor must hold the property more than a year prior to the gift to receive the favorable treatment.

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Types of Assets For Charitable Gifts

5. Tangible Personal Property Gifts of tangible personal property include art, antiques, collectibles, jewelry, rare books, stamp and coin collections, etc. When gifted to a public charity, these items are deductible at their full market value if the use of the property is related to the tax-exempt purposes of the charity. The donor must hold the property more than a year prior to the gift to receive the favorable treatment.

6. Life Insurance Gifts of life insurance allow donors to make a future major gift to the Foundation at a relatively modest cost. Donors can name the Foundation as the owner and beneficiary of existing policies that they no longer need.

Alternatively, donors may purchase new policies and name the Foundation as the owner and beneficiary. This type of donation entitles the donor to a federal income tax deduction in the amount of the cash surrender value of the policy in the year the gift is made.

7. Qualified Retirement Plan Assets Retirement plan assets (such as IRAs) can make excellent charitable gifts. Qualified retirement plans enjoy favorable tax treatment prior to retirement, but are severely taxed at the death of the plan participant.

Plans may be subject to income tax, estate tax and an excess accumulation tax, which can total 80 percent or more. Estate income taxes can be avoided if the plan participant makes a gift to charity at death by beneficiary designation.

A Public Charity

Disclaimer

The Community Foundation of Warren County does not advise on any personal income tax questions or issues. Use of any information from this booklet is for general information only and does not represent personal tax advice either expressed or implied. You are encouraged to seek professional tax advice for personal income tax questions and assistance.

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The Community Foundation of Warren County is organized as a public charity. The Internal Revenue Service grants this type of organizational structure significant tax benefits and flexibility as compared to private foundations. In return, the Foundation is required each year to demonstrate that it has a broad base of community support.

Smaller gifts from the general public are recognized as part of this support. More importance is placed on the number of contributors than the dollars received. Gifts may be directed to any existing fund or made as “unrestricted.” Accordingly, gifts of all sizes are gratefully received and acknowledged.

Named endowments are normally established with gifts of $5,000 or more.

On occasion, funds may be established with smaller amounts if there is a plan in place to bring the balance up to the desired minimum.

www.communityfoundationofwarrencounty.org

Corporate Division In 2003, the Board of Directors of the Community Foundation of Warren County established a Corporate Division to broaden its investment options while still retaining its original Trust Division.

All aspects of these two separate divisions are the same with the exception that the corporate structure allows the flexibility of changing investment managers if, in the opinion of the Board of Directors, it is warranted.

The responsibility of investment management of all assets that reside in the Trust Division remains with the original trustee bank and its successor banks.

Currently, most of the assets in the Corporate Division are in the form of Donor Advised Funds. However, any of the other types of funds that are managed in the Trust Division may be managed similarly under the Corporate arm.

An individual may choose from the following eight fund types: 1. Unrestricted

Also, the opportunity for new funds to be established for those with special situations are available in both Divisions. These situations would include: 1. Transferring the responsibilities of operating a private foundation to a trust in the Community Foundation 2. Forming a Supporting Organization within the Community Foundation 3. When one owns a closely held business and desires to establish an everlasting fund for a designated organization or another specific purpose 4. When the client is a corporation or an individual and desires to establish an everlasting fund for a designated organization or another specific purpose An individual may invest any of the following types of assets in either of the Community Foundation of Warren County’s Trust or Corporate Divisions. Due diligence on the part of the Board of Directors will be practiced appropriately regardless of which division you choose to place your assets.

Types of Assets Eligible for Charitable Gifts

2. Field of Interest

1. Cash

3. Donor Designated

2. Appreciated securities

4. Donor Advised

3. Mutual Funds

5. Geographic

4. Real estate

6. Scholarships

5. Tangible personal property

7. Agency Endowments

6. Life insurance

8. Life Income and other Planned Gifts

7. Qualified retirement plan assets

a. Charitable Gift Annuity Trust b. Charitable Remainder annuity trust (CRAT) c. Charitable Lead Annuity trust (CLAT) d. Life Estate e. Life Insurance

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Scholarships Clearly, the most significant of the Community Foundation of Warren County’s accomplishments is the funding of scholarships for undergraduate and graduate academic and career-oriented students.

In the five-year period from 2004 through 2008, 1,968 grants totaling nearly $3 million have been provided Warren County students through the generosity of hundreds of donors during the past 60 years. Further, because of our status as a “community foundation,” many of our grants for undergraduate studies qualify for matching grants by the Pennsylvania Higher Education Assistance Agency (PHEAA). In the 5-year period noted above, this program has provided an additional $1,150,000—enabling our CFWC scholarship awards to exceed $4 million!

The scholarship program has two funding sources within the Foundation.

First are “Restricted Scholarships” which have been created by 37 funds over the past six decades. Named for their donors, or as memorial funds, these scholarships are designated for specific fields of study—both undergraduate and graduate—or as awards for academic achievement for high school graduates. A number of these funds are established to support studies related to careers in medicine, music, retailing, etc. Other funds have been established to benefit students from a specific region of the county. One of the largest restricted funds was established by Blair Corporation and many of its employees to provide scholarships for families of Blair employees. The Restricted Scholarship endowment funds were established by estate gifts or through ongoing contributions, by individuals and groups, amounting to approximately $6,200,000. The two largest estate bequests for Restricted Scholarship Funds are those of Richard D. & Edith H. Metzgar and Cornelius & Marguerite Pelletreau.

The second funding source is “Unrestricted Scholarships”. These are endowment funds provided by donors who, through estates or outright gifts, contribute to a pool of trust funds designated for scholarships without specific restrictions. The earnings from these trusts enable the Foundation to further expand the scholarship awards so that all students starting their post-high school education (subject to family income limits) will have an additional source of support to further their goals.

An investment in knowledge always pays the best interest.

—Benjamin Franklin

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To endow a scholarship program as broad as that of the Community Foundation, there is a great reliance on unrestricted gifts. The Foundation believes so strongly in assisting Warren County’s young people attain higher levels of education that its Board of Directors/Distribution Committee has supplemented the unrestricted scholarship funds by allocating up to $300,000 per year from the income of its general pool of unrestricted gifts. Thus, the needs of nearly every eligible student can be met to some degree.

In total, scholarships account for nearly one-half of CFWC’s annual charitable distributions.

www.communityfoundationofwarrencounty.org

Scholarships Scholarship Funds

Designated Field of Interest

GPA

Renew

Income Restrictions

CFWC Unrestricted (Freshmen-Seniors) *

Various

2.0

Yes

Yes

Full time students residing in Warren County

Association of College Women

Various

2.0

No

No

Warren County Female Graduating Senior

James & Romayne Barrett *

English

3.0

Yes

No

Chosen by WAHS English Dept.

Blair Employee Family Fund *

Various

2.0

Yes

Yes

Student must be a son or daughter of a Blair employee and is chosen by a Blair Scholarship Committee

Annabelle Bollinger

Care of the Handicapped

2.0

No

No

May be awarded to non-Warren Co. Residents

W. Genevieve Carter

Education

2.0

No

Yes

Graduating high school senior

John Check Memorial

Musical Theatre, Music Education or Education

2.0

No

No

Warren Area HS Graduating Senior

Barbara Baldwin DeFrees *

Music

85% HS Average

Yes

No

Warren Co. HS senior music students (string, wind, piano, vocal) or Warren Co. music teachers in composition, conducting or further music education

Mary Dutter *

Kane High School

2.0

No

No

Kane HS graduating seniors chosen by Kane HS Guidance Dept;

William Falconer Henry

Elks Scholarships

2.0

Yes

No

Elks Scholarship Committee; 1 per year

Linda and Paul Keverline

Health Careers

2.0

No

No

Graduating high school senior

Paul O. and Andrew M. Keverline

Athletics & Education

2.0

No

No

Student athlete of Warren County in good academic standing

Jacob Levinson Family *

Retailing

2.0

Yes

No

Jane G. Masters

National Honor Society

2.0

No

No

Warren Area HS Graduating Senior

Richard D. & Edith H. Metzgar *

Mead Twp, Clarendon,

2.0

Yes

No

Students residing in Clarendon, Cherry Grove, Mead, Sheffield areas, although not totally restricted to these areas

Sheffield

Restrictions

Some field related to retailing

Nursing (Various Donors)

Nursing

2.0

Yes

Yes

Students attending schools of nursing

Cornelius & Marguerite Pelletreau *

Sheffield Township

2.0

Yes

No

Students residing in Sheffield Twp.

Beatrice Pratz

Nursing

2.0

No

No

Warren Area HS student entering a nursing program; Pratz family consults with CFWC on selection

Chapin Reese *

Academics

2.75

Yes

No

Warren Area HS student based on academic achievement

Quinn Smith

Liberal or Fine Arts

2.0

No

No

Warren Co. HS graduating senior pursuing career in liberal or Fine Arts

Warren County Career Center

Various

2.0

No

No

Two graduating seniors selected by Career Center faculty

Health Careers

Health Careers

2.0

Yes

No

Full time student with residence in Warren County

Whirley Foundation

Various

2.0

Yes

Yes

Chosen by Whirley Scholarship Committee

Significant Donors not appearing on named scholarships above: Joan Blair Carter * C. J. & Gene Crary * Anna Grandin Edith Harper Smith * Hans & Jeanne Campbell Svanoe *

Various fields of interest Health Careers Nursing Nursing Health Careers

* Fund donations exceed $100,000

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Major Unrestricted Scholarship Gifts (47 total) (Funds of $5,000 or more listed below) Edmond & Gladys Baird Memorial *

Dr. Thomas Gettings Memorial

Genevieve M. Beckley Memorial

Anna Grandin Memorial *

Joan Blair Carter *

Carol Wade Hanna

Ben G. Clifton Memorial

Arthur H. Hitchcock

Crary Family Memorial *

Harold G. Irwin Sr. Memorial

William F. & Martha L. Crossett *

Kiwanis Past Presidents

Marc W. D’Angelo

Henri E. LeMeur Memorial

Rose E. Maybank Memorial John W. & Gretchen K. Moll * Eva Maybank Cable Reardon Memorial Anna G. Rockwell Maxwell Saunders Bertha E. Tellman Memorial Warren High School Class of 1949 Warren National Bank

* Gifts exceed $100,000

Scholarship Distributions Community Foundation of Warren County 2004-2008 (5-year period) Scholarships $4,144,085 1928 Students (of whom 865 qualified for PATH Matching Funds)

restricted $1,324,665 928 students

path match $1,149,841 865 students

He who lives not to others, lives little to himself —Michel de Montaigne

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www.communityfoundationofwarrencounty.org

unrestricted $1,669, 579 1040 students

A few of our Scholarship Memorials

Quinn Smith

W. Genevieve Carter

John Check

Dr. Andrew Keverline

James and Romayne Barrett

Dr. Paul Keverline

Chapin Reese

Marguerite Pelletreau

Jacob Levinson

Annabelle Bollinger

Distributions: Restricted and Unrestricted Restricted distributions are made from income received on funds that have been designated by donors to be given to specific non-profit organizations. There are almost 70 different beneficiaries within Warren County who receive these distributions annually. We label our categories as Health, Church, Youth/Family, Community, Arts and Scholarships.

Unrestricted distributions are made from the income earned on funds left to the discretion of the Community Foundation of Warren County’s Board of Directors after careful review of grant application requests. The requests must come from organizations with 501 (c) (3) tax-exempt status and may not be given to individuals.

The categories are the same except that School replaces Church. All distributions to religious denominations are through donor-designated endowment funds. A wide variety of requests come from each and every school in the district to support the students both academically and physically. The Foundation proudly supports the multi-varied interests of non-profit organizations and welcomes grant requests that enhance the vitality of the community.

The DeFrees Family Foundation also distributes unrestricted monies from its large fund to local non-profits looking for opportunities to better serve the community.

As a supporting organization of the Community Foundation, the DeFrees Family Foundation mirrors the CFWC policies on making distributions from unrestricted funds.

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Donors of Restricted Funds 1949-2009

Donors of Restricted Funds (Donors of $5,000 or more listed below)

# of Beneficiaries Designated

Donors of Restricted Funds (Donors of $5,000 or more listed below)

# of Beneficiaries Designated

Bertha B. Akins Memorial

1

Melvin G. & Mary F. Keller Memorial*

5

Emma M Akins

1

Byron W. Knapp Memorial

1

Ida M. Arnold

1

Byron V. & Beatrice B. Lesser Memorial

1

Hilda A. Arnold Memorial

1

Helen Temple Logan*

1

James R. & Romayne L. Barrett Memorial*

6

Clifford C. & Winifred G. Mack Memorial*

1

Romayne Barrett bequest

8

Anne Putnam Mallinson Fund

8

Cora M. Blair*

1

McComas United Fund

1

Maude H. Blair*

3

Robert B. & Anna D. Mervine Memorial

1

Belle A. Boyce

1

Richard D. and Edith H. Metzgar*

6

Clare J. Crary

3

Gene W. Crary Memorial

2

Donald H. Mills Center (formerly Crippled Children of WC)

1

Horace A. Crary*

1

Francis A. Morris Memorial*

1

Horace A. Crary Memorial

2

Marie B. & Neil Paterson

1

Miner Crary Bldg. Former Trustees

4

Miner D. Crary

1

William F. Crossett Memorial*

2

Stanley A. Danielson Memorial*

9

Barbara B. DeFrees Memorial*

5

Joseph H. DeFrees

1

Fred W. Ernhardt Memorial

2

H. Crowell Freeman Memorial

1

Friends of the Library Theatre

1

Paul P. Gary Memorial

1

Florence A. Gilbert Memorial

2

Markos J. Goumas bequest*

1

Anna Grandin Memorial

1

Carl F. Guenther Memorial

1

Hanna Family Fund*

2

Cleao Hanna Memorial

1

Emily Peterson Hertzel Memorial

1

Roy L. Hertzel

1

Inter-Faith Center of Warren State Hospital

1

Helen M. Israel Memorial

1

Albert R. Johnson Memorial Trust*

1

Cornelius and Marguerite Pelletreau Memorial*

4

Helen Pendleton Rockwell

3

Pennsylvania Bank & Trust Company

1

John L. Riggle

1

Anna G. Rockwell

1

Harland J. Rue Memorial

1

Harland J. & Ora V. Rue

1

Dorothy M. Scilly Memorial

1

Violet S. Seymour Memorial

1

Edith Harper Smith*

1

Quinn Smith

1

E. W. & Jeannette G. Smiley

1

Trustees of Struthers Library Building*

2

United Fund of Warren County*

2

Former Visiting Nurses Association*

1

Robert R. & Eleanor C. Voigt

5

Sarah Craig Walker Memorial

1

Cecil and Lucille Henderson Warner Memorial

1

Warren County Ophelia Project Organizational Trust 1 Marian Logan Wendell & John P. Wendell

1

Edward Ditmars Wetmore, et al

1

Mary Jane Wollaston Memorial

1

* Fund donations exceed $100,000

68 donors provided significant support for 132 organizations

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www.communityfoundationofwarrencounty.org

Organizations Supported By Restricted Funds

Organizations Supported by Restricted Funds Community Foundation of Warren County Trustees of Struthers Library Building Warren Civic Orchestra

Category

Organizations Supported by Restricted Funds

Category

Warren Library Association

Community

Arts

Warren Rotary Club

Community

Arts

American Cancer Society

Health

Administrative

Bethlehem Covenant (Pleasant Community) Church

Church

American Heart Association

Health

Calvary Baptist Church

Church

American Red Cross

Health

First Baptist Church

Church

Bollinger Enterprises

Health

First Church of Nazarene

Church

Mental Health Association of Warren County

Health

First Presbyterian Church

Church

Health

Covenant United Methodist Church (First Salem)

Church

Donald H Mills Center (formerly Crippled Children’s Committee of Warren County)

First United Methodist Church of Warren, PA

Church

Rouse Warren County Home

Health

Women’s Society of Christian Service of First United Methodist Church, Warren, PA

Church

Sheffield Medical Center

Health

Warren County Association for Retarded Children

Health

Grace United Methodist Church

Church

Warren General Hospital

Health

Inter-Faith Center of Warren State Hospital

Church

Warren General Hospital Pediatric Department

Health

St. Paul Lutheran Church

Church

Tiona United Methodist Church

Church

United Methodist Church of Stoneham

Church

Wesbury United Methodist Community (formerly Methodist Home for the Aged)

Church

Warren General Hospital Home Healthcare Dept

Health

Chief Cornplanter Council, Boy Scouts of America

Youth/Family

Family Services & Children’s Aid Society

Youth/Family

Jefferson DeFrees Family Center (formerly Young Women’s Christian Association of Warren, PA)

Youth/Family

Penn Lakes Girl Scout Council

Youth/Family

The Salvation Army, Warren Chapter

Youth/Family

Sheffield Area Hospitality Center

Youth/Family

Ruth M Smith Center

Youth/Family

United Fund of Warren County, Inc.

Youth/Family

Farrah Grotto

Community

Joseph Warren Lodge #726

Community

Kinzua Power Squadron

Community

North Warren Volunteer Fire Department

Community

General Joseph Pendleton Detachment U S Marine Corps

Community

Warren County Literacy Council

Youth/Family

Northern Allegheny Conservation Association

Community

Warren County Ophelia Project

Youth/Family

Warren County Historical Society

Community

Warren County Probation Association

Youth/Family

Warren County Humane Society

Community

Young Men’s Christian Association of Warren County

Youth/Family

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Restricted Funds Community Foundation of Warren County 2004 to 2008 5-Year Distributions from Restricted Funds

arts church

$269,065

$440,616

community $126,556

$1,940,345

health $373,821

youth/family $730,288

Judge each day not by the harvest you reap, but by the seeds you plant. —William Arthur Ward

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www.communityfoundationofwarrencounty.org

Donors of Unrestricted Funds (34 Total) (Donors of $5,000 or more listed below)

Mrs. Joan Blair Carter,

daughter of John Leo Blair, founder of New Process Company (later Blair Corporation), deserves special recognition for making the largest endowed gift to the CFWC, $7,010,380 in 1995. This gift was totally unrestricted and, as a result, the Foundation’s Distribution Committee was able to direct the funds for expanding our scholarship programs as well as providing very meaningful support to some of the major capital campaigns and special community needs identified by the Foundation Board. Joan’s foresight personifies our motto: “for good…forever.”

Hilda A Arnold Memorial Alan J. Blair Joan Blair Carter Memorial * Jeanette E. Connely Memorial Clare J. Crary Helen L. Crary Memorial Joseph H. & Barbara B. DeFrees * Holger N. Elmquist Memorial Anna Grandin Memorial*

Donor Advised Funds John A. and Julia Blair Banks Fund Romayne and James Barrett Family Learning Enrichment Fund* Michele Blair Fund Bollinger Trust Robert and Barbara Crowley Charitable Trust* Thomas C. Huber Memorial Fund* Harry A. Logan, Jr. Funds* McComas Charitable Fund* Paul and Jo Natale Charitable Fund Harold C. and Margaret E. Putnam* Sokolski Family Fund* Whirley Fund* Wendy Blair Woodall Fund* John and Cathryn Zawacki Family Trust *

Charles E. Jackson Memorial Brace Knabenshue Memorial* John W. & Gretchen K. Moll Memorial Mary M. Newmaker Memorial Jeanette G. Smiley Memorial* Walter F. Swanson Memorial Agatha M. Wright Memorial * Fund donations exceed $100,000

Joseph H. & Barbara DeFrees

established the DeFrees Family Foundation in June 1977. Other family members who contributed to the origin of the Foundation were Anne S. DeFrees and Charles W. S. DeFrees. The DeFrees Family Foundation is described by the Internal Revenue Service as a Supporting Organization of the Community Foundation of Warren County. The DeFrees Family Foundation has its own Board of Directors, who meet thrice annually to distribute income from its unrestricted funds in support of local non-profit needs. After the DeFrees board determines how to distribute the monies from income derived from its unrestricted funds, the CFWC then reviews those requests and, if they are consistent with the Foundation’s policies, approves them.

* Fund donations exceed $100,000

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Organizations Supported by Unrestricted Funds 2004 to 2008 Organization

Category

Grants

Category

Grants

Allegheny Outdoor Club

Arts

1

Organization American Cancer Society

Health

1

Crary Art Gallery

Arts

1

American Red Cross

Health

1

Public Libraries of Warren County

Arts

1

EmergyCare Warren Division

Health

1

Sugar Grove Free Library

Arts

1

Tidioute Area Health & Dental Center

Health

1

Tidioute Library

Arts

1

Warren General Hospital Cancer Care Center

Health

1

Youngsville Library

Arts

1

Warren General Hospital

Health

1

Warren Public Library

Arts

2

Health

6

SPEBSOSA Warren Chapter BHS

Arts

2

Jamestown Community College Warren Center

School/Education

1

Trustees of Struthers Library

Arts

3

Pennsylvania Free Enterprise Week

School/Education

4

Warren Concert Association

Arts

5

Russell Methodist Church Daycare

School/Education

1

Warren County Summer Music School

Arts

1

Sheffield Sports Boosters, Inc

School/Education

1

Arts

19

St. Joseph PTU

School/Education

1

Betts Foundation--Tennis Courts

Community

1

Warren County School District

School/Education

29

Cherry Grove Township--Mystery Well

Community

1

Warren County School to Work Partnership

School/Education

1

City of Warren Main Street Program

Community

1

Warren Sports Boosters

School/Education

3

Community Concerns, Inc.

Community

1

Warren/Forest Counties EOC

School/Education

13

Elk Twp Historical Society

Community

3

School/Education

54

Law Enforcement Explorer Post 312

Community

1

Area Agency on Aging (Experience, Inc.)

Youth/Family

3

North Warren Volunteer Fire Department

Community

1

Bollinger Enterprises

Youth/Family

2

Northern Alleghenies Vacation Region

Community

1

Chief Cornplanter Council BSA

Youth/Family

4

Pittsfield Community Center

Community

1

Court Appointed Special Advocate (CASA)

Youth/Family

3

Revitalization of Youngsville (ROY)

Community

1

Double Rainbow Farm

Youth/Family

1

Ruth M Smith Center

Community

1

Early Connections

Youth/Family

1

Spring Creek Volunteer Fire Department

Community

1

Family Services

Youth/Family

3

United Fund of Warren County

Community

11

Friends of Warren Basketball

Youth/Family

4

Warren County Commissioners—Summer Playground

Community

1

Habitat for Humanity Warren County

Youth/Family

2

Warren County Conservation District

Community

2

New Hope Assistance Dogs

Youth/Family

1

Warren County Development Association

Community

6

Penn Lakes Girl Scout Council (Western PA)

Youth/Family

2

Warren County Historical Society

Community

9

Pregnancy Support Center

Youth/Family

1

Warren County Humane Society

Community

2

Retired Senior Volunteer Program (RSVP)

Youth/Family

1

Warren County Visitors’ Bureau

Community

1

Second Harvest Food Bank of NW PA

Youth/Family

2

Warren Main Street Program

Community

3

Warren Area Student Union (WASU)

Youth/Family

3

WCCBI--Streetscape Project

Community

3

Warren County 4-H After School Programs

Youth/Family

2

Wild Woods Animal Park

Community

1

Warren County Association for Retarded Children

Youth/Family

10

Woman’s Club

Community

1

Warren County SADD

Youth/Family

1

Community

54

Warren County Youth Court Program

Youth/Family

2

Warren Jaycees

Youth/Family

1

Warren Senior Center

Youth/Family

12

YMCA of Warren County

Youth/Family

1

Youth Baseball/Softball Association

Youth/Family

1

Youth Volunteer Corps

Youth/Family

1

Youth/Family

64

Grand Total of 197 grants awarded

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www.communityfoundationofwarrencounty.org

Unrestricted Funds arts

school

Community Foundation of Warren County

$219,342

$280,711

2004 to 2008 Five-Year Distributions from Unrestricted Funds

community

$1,606,010

$409,920

youth/family $473,703

health $272,334

DeFrees Family Foundation 2004 to 2008 Five-Year Distributions from Unrestricted Funds

school $51,000

youth/family $79,000

arts $184,507

$663,763 health $159,000

community $190,256

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Distribution Grand Totals Community Foundation of Warren County Five-Year Grand Totals of Distributions $8,354,204

pheaa path matching scholarships $1,149,841 13.7%

49.6% of all grants were for scholarships with PA Higher Education Assistance Agency (PHEAA) matching grants increasing scholarships by 38.4%

arts $672,914 8.1%

community $726,732 8.7%

health $805,155 9.6%

youth/family $1,232,991 14.8%

scholarships $2,994,244 35.8%

school church $440,616 5.3%

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www.communityfoundationofwarrencounty.org

$331,711 4.0%

Financials 2008-2007

ASSETS Assets: Cash and cash equivalents Investments, at market value Investments under split interest agreements TOTAL ASSETS

2008 $1,586,719 $34,023,041 $115,353 $35,725,113

2007 $1,514,180 $46,127,399 $178,837 $47,820,416

$2,251 $1,331,087 $1,333,338

$2,079 $1,922,905 $1,924,984

Net Assets: Unrestricted: Scholarships Administration Donor Advised Grant making Total Unrestricted Net Assets

$1,357,581 $(16,842) $3,869,647 $11,733,061 $16,943,447

$(106,252) $(20,685) $222,785 $24,242,354 $24,338,202

Temporarily Restricted: Charitable organizations Scholarships Administration Total Temporarily Restricted Net Assets

$10,340,203 $6,870,080 $122,692 $17,332,975

$14,458,872 $6,765,191 $154,330 $21,378,393

Permanently Restricted Total Net Assets

$115,353 $34,391,775

$178,837 $45,895,432

TOTAL LIABILITIES AND NET ASSETS

$35,725,113

$47,820,416

LIABILITIES AND NET ASSETS Liabilities: Accrued payroll liabilities Funds held for agencies TOTAL LIABILITIES

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Grantee

Struthers Library Theatre The Struthers Library Theatre celebrated its 125th year in 2008. In conjunction with that momentous anniversary, the theatre conducted a Capital Campaign which raised over a million dollars. It would not have been possible without the Community Foundation of Warren County.

Before we moved toward the extensive organizational work of a major capital campaign, I paid a visit to Dr. MacKenzie at the foundation to seek his counsel and advice. Having never led a major fund-raiser, I was concerned about the reality of conducting a campaign in a declining economy.

Dr. MacKenzie was informative, encouraging, and indicated that our challenging campaign was the type of project that the Community Foundation looked favorably upon.

In retrospect, Dr. MacKenzie’s advice and the major financial commitment of the Community Foundation were critical to the success of our Capital Campaign. The foundation’s leadership gift of $125,000 helped indicate to the community the validity of our campaign for the future of the theatre.

And the corporate and foundation leadership of the community followed.

The Foundation also plays an important part in our dayto-day, year-to-year functions. They have supplied funds for engineering studies of our utility systems, helped us with repairs and equipment replacement, underwritten educational programs, and assisted in our bringing performances to the theatre that would have been unaffordable.

for good…forever

for the arts

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I honestly can’t imagine what the non-profits in Warren would do without the Community foundation. Understanding all those needs, the Foundation’s board of directors nevertheless recognizes the impact that a performing arts center contributes to the quality of life in the Warren area. The Community Foundation of Warren County helps us keep our beloved theatre brightly lit on quality live theatre, music, dance and film. Applause, applause, applause!

Marcy O’Brien Executive Director

www.communityfoundationofwarrencounty.org

Grantee

Warren County Humane Society The Warren County Humane Society would like to acknowledge the generosity and support it has received from the Community Foundation.

It began with our first request for funding nearly eight years ago for a shelter van. The van has been invaluable in transporting animals to the veterinary clinics, picking up stray animals and as a support vehicle in our fundraising efforts. It has been a lifeline for the work we do to help the animals of Warren County.

The Community Foundation was next there to support our efforts in buying an animal crematory. The crematory has allowed us the ability to offer this special service to the residents of Warren County and the area Veterinarian Clinics.

And most important, when the Humane Society began down the path nearly four years ago with the goal in mind of a new animal shelter for Warren County, the Community Foundation was there. This was a dream come true for the Humane Society – a new safe and efficient building where we could offer a home for the unwanted pets of our county. With the help of a generous donation from the Community Foundation we were able to show the community that our fundraiser was viable and in the end we raised nearly $1,000,000.

The Community Foundation is the heart and soul of our community. Their support can be seen throughout the county. They make a difference in Warren County—and we are proof of their efforts.

We are grateful to this vital organization and the people who serve on their Board and make decisions that touch so many lives.

Karen Kolos Executive Director

for good…forever

for our community celebrating

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Grantee

Congratulations to the Community Foundation of Warren County on its 60-year Anniversary. To those current and past board members, I cannot say enough about your dedication.

Your tireless efforts to the Community Foundation have resulted in ensuring that the organization is vibrant and vital, enabling our community to progress throughout the years.

Warren General Hospital

At Warren General Hospital, we have been the recipients of great generosity from the Community Foundation. With donations made to “Target Tomorrow” in the 1990’s and $400,000 to the construction of the Cancer Care Center just after the turn of the century, the Community Foundation has helped make possible the success of Warren General Hospital’s mission of “Community Health with Quality & Compassion.”

The Community Foundation continues to be supportive of projects to upgrade the Critical Care Unit, and match donors to provide community-screening events for the betterment of the health of all of our citizens. We applaud the on-going efforts of the Community Foundation, and wish you all of the best for the next 60 years – may they be just as successful and have even greater impact on our community!

John P. Papalia, FACHE Chief Executive Officer Warren General Hospital

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www.communityfoundationofwarrencounty.org

for good…forever

for health

Grantee

Warren County School District When there is a need in the Warren County School District that cannot be met through the usual funding sources, one of the first places we look is to the Warren Community Foundation. Over the past several years, the Foundation has provided 29 grants to help fund opportunities for students including academic programs, extracurricular activities and playground equipment. These grants have provided opportunities for success by helping students become more physically fit, participate in dual enrollment opportunities and academic enrichment through the Learning Enrichment Center. In addition, the Foundation has provided seed money for a volunteer program which has allowed members of the community to share talents and expertise with our students. All of this is in addition to the $4.2 million in scholarship support, over the past five years, that has been awarded to graduates of the school district to pursue postsecondary education. The Warren County School District is pleased to partner with the Community Foundation and looks forward to a long continuing relationship to bring opportunities for student success.

for good…forever

for education

Amanda E. Hetrick Director of Secondary Education Warren County School District

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Frequently Asked Questions 1. Is a gift of under $1,000 meaningful to the Community Foundation of Warren County?

Yes, the CFWC welcomes gifts of all size! You can refer to those listed in this book or please consult with our executive director and he will guide you depending on your field of interest (e.g., Scholarships, Arts, Community, Healthcare, Church, etc.)

7. How do I apply for an agency grant?

Grants are made to tax-exempt entities that are asked to complete our standard application form available from the Foundation office or downloaded from our web site (communityfoundationofwarrencounty.org).

Grants are reviewed by the Board of Directors and funds awarded on the basis of need, quality of the project, and availability of funds.

2. May I make a gift to the Community Foundation, even though I do not want to set up my own charitable fund?

You can add gifts to certain existing trusts. For example, Blair Scholarship Fund, United Fund, a favored church fund, etc. Contact our executive director to get details.

8. How soon will I know if an award has been made?

The Foundation Board usually meets every month.

Most decisions are made within that time frame unless further information is needed.

3. Do I need a trust advisor in order to consider a gift to the Community Foundation?

We are here to help guide you. Our executive director can assist you as to whether you can make a gift directly or whether you should consider a trust advisor. We can recommend advisors if you wish.

4. Does the Community Foundation have the ability to manage the charitable giving program for a business?

CFWC could take this time time-consuming responsibility off your hands and free you up to concentrate more on business decisions.

5. How would we begin to establish a named scholarship for students?

The Community Foundation currently has 23 scholarship funds that we administer annually. We can work with you to establish a scholarship that fits your interests.

6. Does planned giving only apply to wealthy people?

Anyone can make a gift to the Community Foundation. Since our founding in 1949, thousands of individuals have made gifts to the Community Foundation and the CFWC is proud to say that in most cases, the donations can become lasting memorials that provide benefits “for good…forever.”

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9. Will grants be made that cover multiple years?

No. Larger grants are sometimes allocated over two or three years, but most grants are for a one-time project.

However, an organization that has more than one project may submit more than one request.

10. Will the Foundation support or contribute to our organization’s endowment fund?

No. This is not a permissible function. We are certainly prepared to provide assistance to any charity wishing to establish such a fund within the CFWC. 11. How much should we ask for?

Request whatever you need for your project. The Foundation will evaluate your request and make its decision based on the appropriateness of the project and the availability of funds. For larger projects, it is best if you can demonstrate that funding is being sought from multiple sources.

12. May we request funds for administrative costs?

No. 13. May any group or individual apply?

A recipient must have confirmed tax-exempt status from the IRS, and a copy of that confirmation must accompany your application.

Turning possibilities into results.

BNY Mellon Wealth Management congratulates the Community Foundation of Warren County on 60 years of service to our community.

©2009 The Bank of New York Mellon Corporation.

bnymellonwealthmanagement.com

W H I L E YO U ’ R E B U I L D I N G A B E T T E R C O M M U N I T Y, WE’RE BUILDING A SOLID R E P U TAT I O N B A S E D O N

Congratulations and many thanks for 60 years of making Warren County a better place to live.

Northwest Direct: 1-877-672-5678 | www.northwestsavingsbank. com of philanthropy celebrating 60 years

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When it comes to serving this community, we’re all on the same track.

We believe communities are built on the goodwill and energy of the people who belong to them. That’s why we’re proud to support The Community Foundation of Warren County in celebrating their 60th Anniversary.

©2008 The PNC www.communityfoundationofwarrencounty.org Foundation. All Rights Reserved.

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