Issuu on Google+

Triangle Community Foundation ANNUAL REPORT ........

| 2010

Shaping the Triangle


Triangle Community Foundation ANNUAL REPORT | 2010 ........

Shaping the Triangle


TRIANGLE COMMUNITY FOUNDATION

Contents Our Mission, Vision and Core Values Annual Message Board of Directors Foundation Leadership Council Board Committees

Finance, Audit, Investment, Development, Philanthropic Services, Board Nominating and Governance, Marketing and Communications, Futures Taskforce, Strategic Planning

Advisory Committees

Community Grants Program, Triangle Gives Back Steering, Triangle Gives Back Advisory, Send A Kid To Camp Steering

Supporting Organizations

TCF Real Estate Foundation, Durham Arts Council

About Us

Development Services Philanthropic Services Community Programs Grants by Geographic Area Grants by Type of Fund Grants, FY 2009-2010 Funds, FY 2009-2010

Donor Advised, Field of Interest, Unrestricted, Agency, Designated, Giving Circle, TCF Special Funds, TCF Real Estate – Foundation Funds Currently Held Until Sale

Scholarships and Awards

George H. Hitchings Society Financial Information

Financial Position, Assets and Investments, Gifts and Grants


ANNUAL REPORT

|

2010

Mission & Values Our Mission: Triangle Community Foundation connects philanthropic resources with community needs, creates opportunity for enlightened change and encourages philanthropy as a way of life. Our Vision: Triangle Community Foundation believes that philanthropy is vital to the realization of our community’s potential, and we aspire to be the region’s leading philanthropic organization. We are uniquely positioned to match our local knowledge, network and credibility with the generosity and vision of our donor partners. We will leverage these resources to produce long-term, meaningful impact in our community and to encourage a culture of committed philanthropy. Our Core Values: + Our organization is characterized by a generous and caring spirit. + We operate with integrity, transparency and credibility. + We value inclusiveness, diversity and equity. + We foster innovation, collaboration and imagination. + We accept responsibility for the long-term stewardship of the resources entrusted to us. + We are committed to institutional excellence and valuable service to our constituents. + We seek to develop and influence philanthropic leaders. + We are an action-oriented community member and ally.

National Standards for U.S. Community Standards

Triangle Community Foundation is confirmed in Compliance with

National Standards for U.S. Community Foundations, the nation’s highest philanthropic standards for operational quality, integrity and accountability.


TRIANGLE COMMUNITY FOUNDATION

Annual Message On behalf of Triangle Community Foundation’s Board of Directors and staff, we are proud to present our 2010 annual report, which reflects the commitment of our fundholders to the Triangle region and beyond. It serves to remind us what a privilege it is to be affiliated with Triangle Community Foundation and how important the Foundation’s work is to our community. For nearly 28 years, the Foundation family has generously responded to the area’s changing needs. Together, we’ve shaped the Triangle beyond the scope of any one community, enabling us to address some difficult issues from an increasingly regional perspective. We would like to recognize Andrea Bazán, who ended her tenure as President of Triangle Community Foundation this June. Andrea’s vision and commitment to community-based philanthropy have strengthened the Foundation’s relationships with nonprofits and other regional stakeholders, and we thank her for her service. Triangle Community Foundation will continue its work as our region’s largest general funder, providing needed resources to our local nonprofit community while working closely with our donors and fundholders to help them achieve their charitable goals. TCF’s staff and Board of Directors are committed to growing the philanthropic assets of our community by connecting our fundholders with the issues and organizations they care about and carefully stewarding the Foundation’s investments to produce long-term, meaningful impact in the Triangle community. We recognize the tremendous trust and confidence you have placed in Triangle Community Foundation as stewards of our community’s resources, and we are happy to answer questions you may have about the Foundation or your fund(s). Please feel free to contact us at (919) 474-8370 or via email: phail@trianglecf.org or lori@trianglecf.org. Thank you for your commitment to Triangle Community Foundation and to philanthropy in our region. Sincerely,

Phail Wynn, Jr. Interim President Chair, Board of Directors

Lori O’Keefe Interim Chief Operating Officer


ANNUAL REPORT

|

2010

Board of Directors and Board Committees


TRIANGLE COMMUNITY FOUNDATION

Board of Directors Executive Committee

Board Members

Phail Wynn, Jr.

Carol W. Bilbro

Chair Vice President, Durham and Regional Affairs, Duke University

Chair, Leadership Council Civic Leader

Mary Braxton-Joseph

Media Consultant

Richard B. Guirlinger

Chair-Elect, Treasurer and Chair, Finance Committee Aftermarket Consultant, General Parts International, Inc.

Jack O. Clayton

Lacy M. Presnell III

Regional President of the Triangle East Region, Wachovia, a Wells Fargo Company

Secretary Partner, Burns, Day and Presnell, P.A.

C. Perry Colwell

Civic Leader

CĂŠcile NoĂŤl

Chair, Philanthropic Services Committee Civic Leader

Diane Evia-Lanevi

Civic Leader

Donovan E. Moxey

Chair, Development Committee Founder and CEO, Interactive Multimedia Solutions, Inc.

John H. Idler

President and General Manager, ABC-11/WTVD, Inc.

Joel M. Sheer

Chair, Marketing and Communications Committee President, Sheer Associates

Anu Kumar

Executive Vice President, Ipas

MaryAnn E. Black

Charles D. Leedy

Chair, Nominating and Governance Committee Associate Vice President for Community Relations, Duke University Health System

Co-Chair, Investment Committtee Founder & CEO, Chapel Hill Investment Advisors


ANNUAL REPORT

Pat Nathan

Founder and President, Dress for Success Triangle

Steve Nelson

Co-Chair, Investment Committtee Partner and Managing Director, Wakefield Group

Frank Phoenix

Partner, Greenbridge Developments

John Replogle

President & CEO, Burt’s Bees

Thomas R. Staab II

CFO, BioCryst Pharmaceuticals

James A. Stewart

Broker/Consultant, Stewart Commercial

Founder: Dr. George H. Hitchings (1905-1998) Nobel Laureate in Medicine 1988

President: Andrea Bazán

Foundation Leadership Council Carol W. Bilbro Chair, Civic Leader Jean G. Carter Partner, Hunton and Williams, LLP Arthur W. Clark Former Chairman of the Board,

Peoples Security Life Insurance Co.

PharmaLink, Inc.

Elizabeth B. Craven President, The Warner Foundation

Frank A. Daniels, Jr. Former President & Publisher, The News & Observer Publishing Co.

Mary L. Hill Civic Leader

Fred D. Hutchison Partner, Hutchison Law Group PLLC

Ambassador James Joseph Professor, Sanford School of Public Policy, Duke University

Kelly S. King Chairman & CEO, BB&T Corporation

Anne C. Liptzin Civic Leader

Louise W. McCutcheon Former Durham County Commissioner & Civic Leader

Peter J. Meehan Former Chairman,

The Greenwood Group, Inc.

Mary B. Mountcastle Senior Associate,

2010

Stephen D. Corman Former Chairman & CEO,

|

Center for Community Self-Help

Charles B. Neely, Jr. Partner, William Mullen, P.A.

Prezell R. Robinson President Emeritus, St. Augustine’s College

Ronald A. Strom President, Ron Strom Co.

R. Peyton Woodson III Woodson Associates

TCF Real Estate Foundation James A. Stewart Chair Stewart Commercial Carol Hayden Investors Title Insurance Company Jerry Levit Synergy Commercial Advisors Lee Roberts MetWest Realty Advisors Jim Walker The Advisory Group, LLC M. Carter Worthy Carter Worthy Commercial, Inc., CCIM


TRIANGLE COMMUNITY FOUNDATION

Board of Directors Committees

Finance Committee

Richard B. Guirlinger, Chair Charles D. Leedy Frank Phoenix Phail Wynn, Jr., Ph.D.

Audit Committee

Thomas R. Staab II, Chair C. Perry Colwell Tim Gupton, External Member Hughes Pittman & Gupton, LLP Mig Murphy Sistrom, External Member Mig Murphy Sistrom, CPA, PC

Investment Committee

Philanthropic Services Committee

Cécile Noël, Chair MaryAnn E. Black Mary Braxton-Joseph C. Perry Colwell

Nominating and Governance Committee

MaryAnn E. Black, Chair C. Perry Colwell Lacy M. Presnell III

Marketing and Communications Committee

Joel M. Sheer, Chair Mary Braxton-Joseph Diane Evia-Lanevi

Charles D. Leedy, Co-Chair Steven Nelson, Co-Chair James A. Stewart R. Peyton Woodson III Mark Kuhn, External Member President, Kuhn & Carson, Inc. Wayne Morgan, External Member Chief Investment Officer, Novant Health, Inc. Scott Schoedler, External Member Vice President Finance, Burroughs Wellcome Fund

Investment Consultant to the Foundation

Brian F. Crawford, CFA Director, Senior Consultant, Colonial Consulting, LLC

Development Committee

Donovan E. Moxey, Ph.D., Chair Anu Kumar, Ph.D.

Mary Braxton-Joseph and Ambassador James Joseph with TCF Board Chair Phail Wynn at What Matters.


ANNUAL REPORT

TCF Futures Taskforce and Strategic Planning Committee The TCF Futures Taskforce was

charged with creating a sustainable revenue and expense model that will enable the Foundation to expand its community leadership beyond donor services and grants to include establishing programs that strengthen nonprofits, encourage strategic giving, and address critical needs throughout the Triangle. Findings from the Task Force will be used by the Strategic Planning Committee to help determine the direction of the Foundation for the next three to five year period.

|

2010

Futures Task Force

Lacy M. Presnell III, Chair, MaryAnn E. Black Kip Frey Richard B. Guirlinger Mary B. Mountcastle Joel M. Sheer

Strategic Planning Committee

Joel M. Sheer, Chair Peter J. Meehan Elizabeth B.Craven Mary B. Mountcastle C. Perry Colwell Charles D. Leedy Steven Nelson Donovan E. Moxey, Ph.D. Lacy M. Presnell III James A. Stewart

Facilitators:

Dave Gettles, Executive Services Corps Don Tiedeman, Executive Services Corps


TRIANGLE COMMUNITY FOUNDATION

Advisory Committees Community Grants Program Committee Elizabeth Craven, Chair TCF Leadership Council Michael Warner and Elizabeth Craven Fund; Chapel Hill, NC C. Perry Colwell TCF Board of Directors Perry Colwell Fund; Chapel Hill, NC Adam Daland Beehive Collective Usha Gulati Umesh and Usha Gulati Charitable Fund; Durham, NC Paul Harrison JuliaAnn Harrison Memorial Fund, JuliaAnn Harrison Scholarship Fund; Chapel Hill, NC Joy Herrington Anonymous Fund; Chapel Hill, NC Brenda Jamerson Brenda D. Jamerson Fund; Chapel Hill, NC Annie Liptzin TCF Leadership Council George Watts Hill Fund, ACBC Fund; Chapel Hill, NC Max Mason James W. Mason Memorial Fund; Chapel Hill, NC Easter Maynard InSight Fund Ruby Ennis Maynard Scholarship Fund; Raleigh, NC Cecile Noël TCF Board of Directors Noël Family Fund; Raleigh, NC Margaret Scarborough Scarborough-Hart Fund Chapel Hill, NC Robert Shertz The George H. Hitchings Society; Raleigh, NC Charles Smith ALOT Giving Circle

Elese Stutts Eileen Watts Welch Dr. Charles DeWitt Watts, Sr.

Memorial Fund; Durham, NC

Triangle Gives Back Steering Committee Ted Abernathy Southern Growth Policies Board Farad Ali NC Institute of Minority Economic Development Colin Austin MDC Andrea Bazán Triangle Community Foundation Donna Chavis NC Gives David Diaz Downtown Raleigh Alliance Robyn Fehrman Triangle Community Foundation Nathaniel Goetz Triangle Research Partners Ferrel Guillory UNC-Chapel Hill, Program on Public Life Rev. Ken Hammond Union Baptist Church Kelly Harrell Triangle Community Foundation Trisha Lester NC Center for Nonprofits Dan Moore The Redwoods Group Michael Pearlmutter GEE International Lori O’Keefe Triangle Community Foundation Tony Poillucci Vision Point Marketing John Quinterno South by North Strategies, Ltd. John Replogle Burt’s Bees Joan Siefert Rose Council for Entrepreneurial Development


ANNUAL REPORT

Bill Shore GlaxoSmithKline Suzanne Stroud Merrill Lynch Kevin Trapani The Redwoods Group Andrea Vizoso North Carolina Public Radio WUNC Pam Wall Triangle Tomorrow Debby Warren Duke University, Hart Leadership Program

Kristen and John Replogle TCF Board and TGB Streering Committee Member.

Triangle Gives Back Advisory Committee William Bondurant Park Foundation Brick Brown Franklin Street Partners Ken Eudy Capstrat Joel Fleishman Duke University, Center for the Study of Philanthropy and Volunteerism Ambassador James Joseph Duke University, Sanford School of Public Policy Jane Kendall NC Center for Nonprofits

|

2010

Thomas Lambeth Z. Smith Reynolds Foundation George Reed NC Council of Churches Edward Skloot Duke University, Sanford School of Public Policy

Send A Kid To Camp Steering Committee Jodi Hubble, Co-Chair Susan G. Komen for the Cure, NC Triangle Affiliate Darryl Lester, Co-Chair HindSight Consulting Marian Beerstecher Community Member Debbie Behnke American Airlines Dianne Birch Community Member Cecily Durrett In the Public Interest Michael Goodmon Capitol Broadcasting Company Jeffrey Hart Robinson Bradshaw Hinson John Idler ABC 11 Eyewitness News Rory Ingram Ingram Collection, LLC Peter Kramer OPC Area Program Amon Marstiller The Blue Cross and Blue Shield of North Carolina Foundation Tania Garcia Biogen Idec Graig Meyer Blue Ribbon Mentor Advocate Program Keith Shannon Preparing America’s Tomorrow Today


TRIANGLE COMMUNITY FOUNDATION

Supporting Organizations

TCF Real Estate Foundation

James A. Stewart Chair/President, Stewart Commercial Carol Hayden Investors Title Insurance Company Jerry Levit Synergy Commercial Advisors Lee Roberts MetWest Realty Advisors Jim Walker The Advisory Group, LLC M. Carter Worthy Carter Worthy Commercial, Inc. CCIM

Durham Arts Council

Virginia Rand Bowman General Partner, Northgate Associates Kay P. Gresham Vice President Wealth Management, Morgan Stanley Smith Barney Steven E. Hancock Thomas, Knight, Trent & King, CPA Tom McGuire Founding Partner, Armstrong McGuire Philanthropic Advisory Group Jack Walker Partner, Walker, Lambe, Rhudy and Costley, PLLC

Durham Arts Council mural.


TRIANGLE COMMUNITY FOUNDATION

Fundholder Services Triangle Community Foundation’s Philanthropic Services Department covers a wide range of activities from Fundholder Services to Grantmaking to Community Programs. SERVICES for FUNDHOLDERS The Foundation’s Fundholder Services staff assists fundholders in understanding their philanthropic goals and interests. We then help our donors achieve their goals by identifying grantmaking opportunities from the more than 5200 nonprofits serving the Triangle. TCF staff regularly complete due diligence processes to ensure that all grant recommendations will support legitimate organizations. Each fundholder is assigned a Philanthropic Services liaison to personally assist them with their grantmaking, helping them think through their values, motivations and goals to determine the best strategy for their personal philanthropy. We share information about grant opportunities and provide research and referrals on areas of interest to individual donors. We also measure the impact of grants and help donors experience their funding in action with site visits and progress reports. In addition, we provide streamlined grant recommendation services through our online tool Suggestion Central which allows donors to access their fund balance, gifts and grant history, and suggest grants online.


ANNUAL REPORT

|

2010

Grantmaking Triangle Community Foundation is the Triangle region’s largest general funder. We have distributed an average of 10% of our assets since the Foundation’s inception in 1983, raising the total value of grants made to nearly $153 million. During the 2009-2010 fiscal year, Triangle Community Foundation made 2,876 grants totaling over $11.6 million.

TCF Grant Recipients, The Arts Center and Interfaith Food Shuttle.

Each Friday, the Foundation makes grants to 501(c) (3) nonprofit organizations, government entities, and faith-based groups throughout the Triangle and beyond. TCF grants funding to these organizations in three ways: • Donor-Advised Funds Over 80% of our grantmaking takes place through Donor Advised Funds established by individuals, families, and businesses and organi- zations. Fundholders have the opportunity to recommend nonprofits to receive grant funding from their accounts on a weekly basis. Grants from Donor-Advised Funds are made to organizations around the world; however, more than 60% of these grants stay in the Triangle region.


TRIANGLE COMMUNITY FOUNDATION

• Field of Interest Funds The Foundation annually makes grants through Field of Interest Funds, which were created by donors to support work in specific geographic or other interest areas. Grantmaking from these chari table funds are at the discretion of staff. TCF does not accept applications or proposals for grants from Donor Advised or Field of Interest Funds. Instead, we encourage organizations to share information with us about their activities and impact so that we can accurately inform fundholders. Nonprofits can share information with Foundation staff by:

+ Updating organizational profiles on www.TriangleGivesBack.org + Emailing Philanthropic Services staff + Attending Foundation events throughout the year + Sending Philanthropic Services staff newsletters and annual reports + Inviting Philanthropic Services staff to attend events

• Competitive Grantmaking Programs The Foundation administers several competitive grantmaking programs. Each program has distinct eligibility requirements, guide lines, funding amounts, and application deadlines. The Community Grantmaking Program is our most active competitive program with cycles every spring and fall. Through this program, we make 1-year grants of $10,000 to $15,000 to Triangle organizations working in the areas of Civic Engagement or Youth Leadership and Development. Since the program’s inception in 2007, we have granted more than $1.7 million to area nonprofits. The GlaxoSmithKline IMPACT Awards, presented in partnership with Triangle Community Foundation, honor nonprofit organizations that have significantly impacted their communities by providing healthcare for underserved populations. The program, now in its third year in the Triangle, awards $40,000 each to a maximum of ten groups that set an outstanding example in providing access to healthcare.


ANNUAL REPORT

|

2010

GSK IMPACT Award winner, Benson Area Medical Center.

Other competitive grantmaking opportunities include Biogen Idec Foundation Micro-Grants in Science Education Fund and several scholarship opportunities. Complete details for all competitive grantmaking programs are available at www.trianglecf.org.


TRIANGLE COMMUNITY FOUNDATION

Community Programs The Foundation is engaged in an increasing number of community programs, both in the grantmaking arena and throughout the community. TCF utilizes its unrestricted dollars to implement programs with a regional impact. Community Conversations. Highlights from 2010, include TCF’s launching of What Matters, a new annual event that will lay the groundwork for community con versations on topics critical to our region’s success for years to come. Event proceeds support TCF community programs that address regional issues and strengthen the impact of local nonprofit organizations.

On the evening of May 5, 2010, Triangle Community Foundation hosted a capacity crowd of 500 regional leaders, fundholders and guests at the first annual What Matters benefit dinner. The Inaugural theme was A Diverse and Engaged Community and featured discussion on the topics of growth, diversity and innovation. Special guests were renowned journalists Cokie and Steven Roberts, who gave a national perspective on regional issues. The evening also featured the presentation of the first What Matters Innovation Award. The $5,000 award winner was chosen in an online voting competition featuring videos from five finalists that were using innovative strategies to address growth and diversity in the Triangle.


ANNUAL REPORT

|

2010

What Matters: A Diverse and Engaged Community

1: Mary Braxton-Joseph, TCF Board member, fundholder and award-winning journalist moderating the discussion with Steven and Cokie Roberts 2: TCF President Andrea Bazán addressing the audience 3: Innovation Award winner Kramden Institute

Triangle Gives Back Triangle Gives Back (TGB) is Triangle Community Foundation’s multi-faceted community leadership initiative to increase charitable giving and com munity engagement in the Triangle. TCF uses research, tools, and connection to raise awareness about the status of giving in the Triangle and increase participation in giving — in all of its forms. TGB is guided by a diverse steering committee and group of advisors from the nonprofit, philanthropic, corporate, education, religious, and communications sectors.


TRIANGLE COMMUNITY FOUNDATION

At www.TriangleGivesBack.org – the initiative’s online home - individuals interested in making a difference in the region can connect with hundreds of area nonprofits looking for new volunteers, donors, and advocates. This year, through Triangle Gives Back, the Foundation challenged companies in the Triangle to give at least 1% of pre-tax earnings to local nonprofits who contribute to our quality of life.

Send A Kid To Camp™ Send A Kid To Camp™ supports children, ages 5 to 17, who live in difficult circumstances and would be unable to attend camp due to financial con straints or family situations. The program is supported by anyone who would like to contribute and every dollar donated is used directly to send a child to camp. This summer over $133,000 was dis tributed to our nonprofit partnering organizations to send more than 430 children to various camps throughout the Triangle. Program sponsors were the Blue Cross and Blue Shield of North Carolina Foundation, Kids ‘N Community Foundation, the Raleigh Kiwanis Foundation, American Airlines Kids Are Something Special Endowment and Fund, WRAL.com, and Theo Davis Printing. We would like to extend a special thanks to our loyal and generous contributors, who love and support Send A Kid To Camp™ year after year. Since 1984, over $2.0 million has been raised to send more than 7,000 children to summer camp through this signature program.

Emily Krzyzewski Center (camp partner).


ANNUAL REPORT

|

2010

Lunches and Dinners with the President On a monthly basis, the Foundation’s president, Andrea Bazán, hosts a networking lunch or dinner for nonprofit leaders to discuss emerging trends, share best practices and resources, and network. These informal gatherings allow participants to meet one another and learn more about the Foundation, while also educating our staff about their work. Each gathering is topic-based, with staff and outside experts leading discussion on relevant topics. During the past year, we’ve enjoyed lunch with more than 165 participants, including a lunch for those early in their nonprofit careers and special dinners for agency fundholders and organizations who received funding from the Foundation’s Community Grantmaking Program for their work in civic engagement. These programs have become enormously popular in the community and “sell out” almost as soon as a new series opens for registration.

Nonprofit Capacity Building Foundation staff members are often asked to meet with nonprofit staff and board members to provide guidance and advice on best practices, and we work closely with existing nonprofits to increase their effectiveness. The Foundation partners with Executive Service Corps of the Triangle (ESC), a nonprofit organization of retired executives providing affordable business planning to nonprofit organizations. Services provided by this partnership include strategic planning, executive coaching, board development, and more. This year the Foundation defrayed the cost of ESC’s professional services for 11 nonprofit organizations. TCF and others have partnered to create the popular Triangle Board Connect to match potential board members with nonprofit organizations. We are also proud to underwrite scholarships for nonprofits to attend the annual NC Center for Nonprofits conference. This year 18 nonprofit leaders received scholarships, worth more than $7,000. Those awards include a year’s membership at the Center, which in turn strengthens that important organization. The Foundation is a member of several regional and national grantmaking organizations. Most notably, our membership with the North Carolina Network of Grantmakers provides all fundholders the opportunity to attend events and conferences hosted by this group.


TRIANGLE COMMUNITY FOUNDATION

Networking The Foundation hosted its third Annual Holiday Party for Nonprofit Leaders and Friends at Marbles Kids Museum in Raleigh. More than 400 guests attended the event, bringing food items for the Food Bank of Central and Eastern North Carolina as their “ticket” to admission. More than 1,505 pounds of food were collected, providing 1,267 meals for hungry people in the Triangle. During the event, TCF issued the first GiveBack Giveaway. TCF gave each participating guest $10 in cash and then challenged them to match it with at least $10 of their own, give it away to a person or organization in need, and then share their story. TCF’s GiveBack Giveaway grew to more than $4,500 that was invested in our community during the 2009 holiday season.


ANNUAL REPORT

|

2010

Grants & Funds FY 2009 - 2010

Triangle Community Foundation is grateful to the many contributors who have given so generously to our various funds and programs. We deeply appreciate your support, your trust, and your philanthropic investment in the Foundation and the community.


TRIANGLE COMMUNITY FOUNDATION

Grants.

Total Foundation Grants by Category ANIMAL RELATED $80,000

HOUSING $204,000

ARTS/CULTURE/HUMANITIES $1,374,000

HUMAN SERVICES $1,185,000

CIVIL RIGHTS/SOCIAL ACTION $122,000

INTERNATIONAL $141,000

COMMUNITY/BUSINESS/INDUSTRY $422,000

MEDICAL RESEARCH $49,000

CRIME/LEGAL $74,000

PHILANTHROPY/GRANTS $429,000

DISASTER SERVICES $87,000

PUBLIC SOCIETY/BENEFIT $199,000

DISEASE/RESEARCH $282,000

RECREATION $105,000

EDUCATION $2,986,000

RELIGION/SPIRITUALITY $856,000

EMPLOYMENT $95,000

SCHOLARSHIPS AND AWARDS $352,000

ENVIRONMENT $615,000

SCIENCE/TECHNOLOGY $21,000

FOOD/AGRICULTURE/NUTRITION $197,000

SOCIAL SCIENCE $29,000

HEALTHCARE $1,357,000

YOUTH DEVELOPMENT $322,000

FOUNDATION GRANTS GRAND TOTAL: $11,787,000 TOTAL NUMBER OF GRANTS: 2,876


ANNUAL REPORT

|

2010

Community Grantmaking Progam, 2009-2010 Grantees CIVIC ENGAGEMENT Chatham County Literacy Council, Inc. ............................................................... $7,010 Clean Energy Durham ........................................................................................... $10,000 Covenant with North Carolina’s Children Education Fund .......................... $15,000 Equality NC Foundation ........................................................................................ $15,000 Haw River Assembly, Inc. ....................................................................................... $11,850 Institute for Southern Studies ................................................................................$14,350 NARAL Pro-Choice North Carolina Foundation ............................................. $15,000 NC Center for Public Policy Research .............................................................. $15,000 NC Center for Voter Education ........................................................................... $10,000 NC Conservation Network ................................................................................... $10,500 Project Compassion ............................................................................................... $10,000 Scrap Exchange....................................................................................................... $14,800 Southern Regional Economic Justice Network .............................................. $15,000 Student Action with Farmworkers ...................................................................... $15,000 WakeUP Wake County........................................................................................... $10,500

GRANT TOTAL FOR 2009-2010................................ $189,010 YOUTH LEADERSHIP AND DEVELOPMENT GRANTEES Boys & Girls Club of Eastern Piedmont ............................................................. $15,000 Budo Karate House ................................................................................................. $15,000 Community Music School .................................................................................... $12,500 Dispute Settlement Center, Inc. ...........................................................................$14,034 Future Black and Brown Inventors & Innovators ............................................ $15,000 Girls on the Run of the Triangle, Inc. ................................................................. $12,000 Institute of Art Therapy, Inc. ..................................................................................$14,045 Literacy Council of Wake County, Inc. .............................................................. $15,000 Loaves and Fishes Ministry, Inc. ............................................................................$13,260 Mallarme Chamber Players .................................................................................... $8,000 North Carolina Psychoanalytic Foundation, Inc. .............................................$13,260 Orange County Rape Crisis Center .......................................................................$7,500 Read and Feed ......................................................................................................... $15,000 Visual Art Exchange................................................................................................. $10,000 Voices Together ......................................................................................................... $5,000

GRANT TOTAL FOR 2009-2010 .............................. $194,599 The National Taxonomy of Exempt Entities (NTEE) offers a definitive classification system for nonprofit organizations recognized as tax exempt under the Internal Revenue Code. Triangle Community Foundation classifies each organization receiving grants in accordance with NTEE. The grants listed above are coded based on the appropriate taxonomy for the organization.


GRANTS by GEOGRAPHIC AREA

10% N.C. outside the Triangle Area Total Grant: $1,193,309.67

36% Wake County Total Grant: $4,120,217.48


18% Durham County Total Grant: $2,130,175.84

1% Outside the U.S. Total Grant: $136,252.00

2% Chatham County Total Grant: $276,145.00

18% U.S. outside N.C. Total Grant: $2,041,816.71

15% Orange County Total Grant: $1,685,437.33


Donor Advised Funds $9,497,000

Community Grantmaking Program

Send A Kid To Camp $149,000

$384,000

Designated Grant $517,000


Giving Circle $22,000

Agency $371,000

Awards $12,000

Field of Interest $225,000

Scholarship Funds $340,000

GRANTS by TYPE of FUND GRAND TOTAL: $11,787,000


TRIANGLE COMMUNITY FOUNDATION

Funds, FY 2009 - 2010

Shirley Berger Fund

* New Funds

Berkshire Fund

Bergman Fund

^ Funds created through the Merrill Lynch The Better Place Fund Community Charitable Fund program

Biogen Idec Foundation Micro-Grants in Science Education Fund Donald L. and Maryann Bitzer Family Fund

Donor Advised Funds Make grant recommendations at your convenience to your favorite charities. ACBC Fund Adair Family Charitable Fund Agape Fund Taylor Alexandra Albert Fund for Children Aldridge Family Endowment Fund Logan Aldridge Fund Greg Allen Memorial Fund Theresa Allore Memorial Fund American Airlines Kids Are Something Special Endowment Glenn and Suzanne Andrews Fund Marcia Angle and Mark Trustin Fund Anna Family/RESOLUTE Companies Charitable Fund Anonymous #5 Fund Anonymous Fund #2

James Christopher Black Fund Stanley Black Family Fund John and Jeanne Miles Blackburn Fund * Blum Family Fund Borden Family Fund Kirk and Deanne Bradley Fund John and Katherine Bratton Fund BRB Fund Bringing Joy Fund Larry and Patricia Brock Family Fund Frederick P. Brooks, Jr. and Nancy G. Brooks Donor-Advised Fund Adam and Lissa Broome Charitable Fund The Debra J Buck Charitable Fund ^ Alice and Lance Buhl Fund The Rebecca Mary Bultinck Fund ^ Burroughs Wellcome Fund - Hitchings/ Elion Fund Annalee Dale Cairns Memorial Fund Joseph & Dorothy Campbell Fund

Aspenson Family Fund * Bill & Marva Babb Charitable Fund Backyard Fund Tom Barber and Shannon St. John Family Endowment Fund Tom Barber and Shannon St. John Family Fund Wade Barber Fund Barnabas Fund Bass Walter Fund Andrea Bazรกn Family Fund Beal Fund John and Virginia Beaman Charitable Fund Becton Tannenbaum Fund

Fundholders Greg and Mary Ann Poole with Art and Jane Ross.


ANNUAL REPORT

Cancer Immunotherapy Research Fund

|

2010

John Cannon Memorial Fund Capel Beeton Memorial Fund * Carey Family Fund Arthur Carlsen Charitable Fund Carter Gordon Family Fund The Carver Family Charitable Fund ^ Cary Oil Fund Castillo - Alvarez Fund Gordon Caudle Family Fund Cavanaugh Family Fund CBC/WRAL Community Fund CCNC Dedicated to the Fight Fund E. and E. Chanlett Fund Charlie Bucket Fund

TCF Board Member, Cécile Noël, PA-C on a medical mission to Haiti.

Chilton Family Fund ^ Christ the King Fund

Deepwood Fund

Donald Clarke-Pearson Runner’s Fund

DelaCourt Family Fund

Clayton Family Charitable Fund

Denali Fund

Perry Colwell Fund

DHI Fund

Ronald Gray Conrad Fund

Ron E. and Jeanette R. Doggett

Stephen B. Cook Family Fund

Endowment Fund

Stephen and Sandra Corman Fund

Monica Doss Charitable Fund

The Coronaca Fund

Dougherty Family Charitable Trust Fund

Courageous Heart Fund

Lance Eakes Memorial Fund

Ellis and Bettsy Cowling

East Chapel Hill Rotary Club

Donor-Advised Fund

Foundation Fund

The Jeffrey M Crane Charitable Fund ^

Eclectic Chameleon Endowment

Alexis LeDantec Beatrice Creedon

Anne Edens Fund

Memorial Fund

Eleanor and Joseph Fund

Crow Family Fund I

Emma’s Fund

Crow Family Fund II

Emshoff Family Fund

John and LouAnne Crumpler Family Fund

Ender Family Fund

Mr. and Mrs. Frank Daniels III

Ending Homelessness - Raleigh /

Charitable Fund

Wake Fund

Julia and Frank Daniels, Jr. Fund

H. Spencer Everett Jr. Family

Julia and Frank Daniels, Jr.

Endowment Fund

Endowment Fund

Bettie Ann Whitehurst Everett Memorial

Josephus Daniels Charitable Fund

Endowment Fund

Lucy Cathcart Daniels Charitable Fund

Fair Fund

Arthur S. and Martha D. DeBerry

Fear Not Fund

Advised Fund

Fellowship Fund


TRIANGLE COMMUNITY FOUNDATION

The Randolph R. & Shirley D. Few

Halcyon Fund

Charitable Fund ^

John Michael Hale Memorial Fund

First Rung Fund

Ken and Maidi Hall Fund

Fizz Fund

Handly Family Charitable Fund

Fletcher Fund for Health

Robbie Hardy Endowment Fund

Stuart Berg Flexner Memorial Fund

Harmonia Mundi Fund

Four Feathers Fund

Harris Family Charitable Fund

Fowler Family Charitable Fund

The Harris Family Fund ^

George and Isabel Fowler Fund

B.W. Harris, III Family Fund

The Dianne Marie Franco Fund ^

Steve and Chasie Harris Fund

Freedom Legacy Project Fund *

Julia Ann Harrison Memorial Fund

Doris and Claire Freeman Fund (in honor

Hartman Family Fund

of Raymond H. Goodmon III and

Clark and Karen Havighurst Fund

James F. Goodmon)

B. T. Henderson, II Family Fund

Frey Family Charitable Fund

Eileen and Michael Hendren Fund

Fritsch Family Fund

Robert M. and Bonny Harris

John S. Gaither Charitable Fund

Herrington Fund

Garda Endowment Fund

Heytater Fund

Greg Gephart Fund

Margaret and Carl Hibbert Charitable Fund

Gilligan-Smiley Fund

Hill Family Fund 2

Tom and Pat Gipson Fund

Debbie L. Hill Fund

Given with Grace Fund

The Jim & Brenda Hines Charitable Fund ^

Grace Alston Glass Fund

Sandra F. Hoke Fund

for Home Caregivers

Ed and Mary Hayes Holmes Fund

GlaxoSmithKline IMPACT Awards Fund

Samuel M. and Margaret U. Holton Fund

Golden Corral Charitable Fund

Donald and Jennifer Holzworth Fund

Golden Corral Hope for Haiti Fund *

Holzworth Family Fund

Good Fence Fund *

Home Health Foundation of Chapel Hill

Jim and Barbara Goodman Fund

Endowment Fund

Gore Family Fund

George and Alice Horton Fund

Goulding Family Charitable Fund

Horton-Carr Fund

Anil and Lakshmi Goyal Charitable

Ian and Meg Howes Charitable

Donation Fund

Donation Fund

R. Wensell and Marion Norris

Dan Hudgins Summer Child Care Fund

Grabarek Fund

Hulka Family Endowment Fund

Ruth and Stephen Grant Fund *

Joan C. and Robert R. Huntley Fund

The Greenwald Family Charitable Fund ^

Fred and Nancy Hutchison Fund

Greystone Fund

Gray and Betsy Hutchison Fund

Grissom Family Fund

Ideas for Humanity Fund

Grubb Family Fund

InSight Fund

Umesh and Usha Gulati Charitable Fund

Jack Fund

Vasudha Gupta Fund *

Brenda D. Jamerson Fund


ANNUAL REPORT

|

2010

Jane and Jim Fund

LarMar Fund

Janssen Family Charitable Fund

Caroline Laundon Memorial Fund

Jenny Fund

Lederer Fund *

John 3:16 Fund

The Legacy Fund

Orlan and Cornelia Johnson Family Fund

Lenovo Hope Fund

Howard Allen Johnston Fund

Lenovo Hope Disaster Relief Fund *

J. A. Joseph Family Fund

Leslie Family Fund

JSR Fund

Levit Family Fund

Jubilee Fund

Robert G. Liverman Tarheel Fund

Harold and Felicia Kadis Family Fund

Peter T. Loftin Foundation Fund

Margaret Q. Keller Endowment

Lunsford Padilla Fund

Banks and Dorothy Kerr Fund

Bob Lynch and Lisa van Capelle

Moise and Vera Khayrallah Fund *

Charity Trust Fund

Sarah and George Klunk Fund

Frances Lynn Fund

Harold Kohn Fund

Elizabeth and Robert Lyon Fund

Kimo and Wendy Kong Fund

Margaret and Ross Macdonald

Dot and Grey Kornegay Fund

Charitable Fund

Kristen Fund

Mallernee Family Fund

Kuhlman Family Fund *

Mama Dip Share the Love Fund

Mark and Cynthia Kuhn Family Fund

The T.H. Maren and S.K. Fellner Fund

Helen Francis Ladd Family Fund

Marion Fund

Roger and Beth Lamanna Family Fund

Arthur and Judy Marks Family Fund Grier and Louise Martin Fund James W. Mason Memorial Fund James H. and Connie M. Maynard Fund Doris Cooper McCoy Fund McLendon-Whittington Family Charitable Fund Alice Lenora McNeely Memorial Fund Mechanics & Farmers Bank Fund Bill Mecklenburg and Christine Condino-Mecklenburg Family Fund Peter J. and Prudence F. Meehan Fund Mekye Malcolm Memorial Endowment Fund Mental Health Charitable Fund Meyer Family Fund Francis J. and Mary A. Meyer Charitable Fund Joel A. and Bonnie G. Millikan

Fred Hutchison, Foundation Leadership Council, with wife Nancy Hutchison.

Charitable Fund The Lawrence & Sylvia Mills Family Fund ^


TRIANGLE COMMUNITY FOUNDATION

Aalok S. Modi Global Health Fund Moe-Green Family Fund George E. and Loretta M. Molitor Family Fund Moore Family Fund The Mary Ann Morris Diabetes Camp Fund * Connie and Monte Moses Fund for the Arts in Durham Moving Forward Fund Mumma Family Fund Munsch Family Fund Namm Family Charitable Fund * Nathan-Groves Fund North Carolina American Indian Fund Frank Neelon Fund for Literature in Medicine Lindsay Smith Newsom Family Fund

Send A Kid To Camp, 2010.

James F. and Alice B. Newsome Endowment Fund

John and Pam Philips Family Fund

G. Wallace and Rebecca Newton Fund

Phoenix Fund

Next Movement Fund

Pilgrim Fund

Frances W. Nipper Fund

George C. Pinther Children’s Fund *

NoĂŤl Family Fund

Plachetka Family Fund

Oak Fund

Pleil Family Giving Fund *

Oakland Fund

Triangle Charity Poker Classic Fund

Robert G. Olander Fund

Irene Rand Poole Endowment Fund

Ryan Page Memorial Fund

Paul R. Pope Charitable Fund *

Elizabeth Ragland Park Fund

Travis Porter Foundation Fund

Parker Family Fund

Barry L. Poss Fund

Pascal-Strom Family Endowment

J. Dewey and Mabel M. Powell

Pascal-Strom Family Fund

Charitable Fund

Pass It On Fund

Preddy Family Fund

Amark S. Patra Fund Benefiting Cancer

Presnell Family Fund

Research and Soup Kitchens *

Proia Family Fund

Patterson Family Fund *

Caroline M. Punte Fund

Mike and Mary Patterson Family Fund

Charlotte Smith Purrington Family Fund

Paul Green Foundation Endowment Fund

Qualex, Inc. Fund

Paul Green Foundation Fund

Quam Bonum In Unum Habitare Fund

Erle and Mary Peacock Charitable Fund

Leo Thompson & Beverly A. Quarles

Florence Peacock Fund

Charitable Fund

Petersen/Young Fund

Steve Quessy and Marna Doucette Fund


ANNUAL REPORT

|

2010

Harold & Robin Quinn Fund Quintiles Gives Back Fund Ragland Family Charitable Fund William M. Ragland, Jr. Family Charitable Fund Rand-Hager Family Charitable Fund Joseph and Xiaomei Li Reckford Fund Susan A. ReCorr Charitable Fund Rete Mirabile Fund Anna Louise Reynolds Fund Rickenbacker Fund Gerald and Stephanie Roach Family Fund The Rodger Family Charitable Fund ^ Ernest C. and Constance B. Roessler Fund E.T. and Frances Rollins Endowment Fund David and Susan Rosenberg Family Fund Michael Rosenberg Family Fund The Susan Rosenthal and Michael Hershfield Charitable Fund ^

NC Dental Health Fund, GSK IMPACT Award Winner.

Rotary Club of Chapel Hill Advised Fund Rotary Club of Chapel Hill Fund

Bill and Carolyn Schwartz Family Fund

Royalty Fund

Scott Family Endowment Fund

Clyde and Hildegard Ryals Fund

The George & Lorraine Seamen

Leonard and Virginia Safrit Family Fund

Charitable Fund ^

Leonard and Virginia Safrit Fund

Sethi Family Trust Fund

Carlyn A. Sanders Family Fund

Robert and Pearl Seymour Fund

Charles and Ann Sanders Fund

Lopa Shah Fund

Charles A. and Elizabeth Ann Sanders Fund

Joanne Shaver Sarcoma Research

Christopher T. Sanders Family Fund

Foundation Fund

Michael and Lisa Sandman Family Fund

Debbie Shelton Memorial Fund

SAS Charitable Fund

Shepard Alliance for Enlightenment Fund

SAS Relief Fund

The Sheshadri Fund ^

Howard and Lyn Satisky Family Fund

William W. and Jane B. Shingleton Fund

Scarborough-Hart Fund

Sholtz Family Fund

Schmidt-Nielsen and Claesson

Thomas E. and Joan L. Sibley

Family Fund

Endowment Fund

Schmitz Family Fund

Floyd E. Skipper and Ruby T. Skipper

Schneider Family Fund

Memorial Fund

Anthony and Stella Schomberg Fund

Slifkin - Freemark Family Fund

Schrum Family Fund

Steve and Kristen Smalley Charitable Fund

Schuetz Family Fund

Smiley-Gilligan Fund

David and Margaret Schultz Fund

Kassel Smit “Make a Difference� Fund


TRIANGLE COMMUNITY FOUNDATION

Smith Anderson Blount Dorsett Mitchell

Tulloch-Liner Charitable Fund *

and Jernigan LLP Community Fund

Tyler/Berger Family Fund

Amy Rowland Smith Fund

Carolyn Underwood Fund

Charles Lee Smith, III Family Fund

ValHope Fund

D. Joe and Victoria Smith Fund

Agnes and W. L. Van Sant Fund

Judy and Johnnie Smith Endowment Fund

VanSant Family Fund

J. Smith Estate Charitable Fund

Indu and Mahesh Varia Family Fund

James I. and Nancy S. Smith Fund

Ventana Endowment Fund

Margaret and Lanty Smith Family Fund

Ventana Community Fund

The Snappy’s Fund ^

ViMo Fund

SOUL (Save Our Undeveloped Land) Fund

Vision Fund

Southeast Technology Fund

Elizabeth and Julian Wachs Fund

The Sparling Family Fund ^

Michael Warner and Elizabeth Craven Fund

SRW Charitable Fund

Dr. Charles DeWitt Watts, Sr.

Leo and Delores Stankavage Family Fund

Memorial Fund

John H. E. Stelling Fund ^

Friends of the Watts Street School Fund

James A. Stewart and Frances Dyer Fund

Weaver Charitable Fund

The Jonathan T & Kayla J Stewart

Weinberg Family Charitable Fund

Charitable Fund ^

Weisler Family Fund

Stidham Family Endowment

Burton J. and Nan S. Weiss Fund

Shaler and Carolyn Stidham Fund

Wellspring Fund

Betsy Strandberg Fund

Marvin and Dianne Welton Fund

Stringfellow Family Charitable Fund Sunshine Fund Svetkey - van der Horst Fund The Sydney Fund The Sykes Fund ^ Tim and Judy Taft Fund Taku Fund Richard B. and Marian E. Taylor Fund Ten Year Plan to End Homelessness in Durham Fund Tepper Family Fund ^ Philip “J” Thomas Memorial Endowment Van and Luella Thomas Family Fund ThreeSpokes Fund Ronald and Marilyn Toelle Charitable Fund Allen and Kate Douglas Torrey Fund Phil and Travis Tracy Family Fund Trapani Family Charitable Fund Lawrence C. and Melanie K. Trost Charitable Fund

Seeds Community Garden.


ANNUAL REPORT

|

2010

Monty and Nancy White Fund

Endowment Fund

Wide Waters Fund

Community Group Houses Fund

Widmark Family Fund

Anne D. Compton Family Fund

Wilcox-Berteel Family Fund

William C. Cowdery Family

H. M. Wilson, Jr. Memorial Children’s Fund

Endowment Fund

Thomas G. and Nancy L. Wilson

James E. and Margaret R. Davis

Family Fund

Endowment

The Susan W. Woodling Charitable Fund ^

Charles E. and Alberta B. Dolan Fund

Katherine and Frank Woodman

Alice F. Eure Charitable Endowment Fund

Memorial Fund

The Floyd Fletcher Fund

Woodson Family Fund

Bobbie Fletcher Fund

Wynn Family Fund *

Frank U. and Nelle Crowell Fletcher Fund

Yager Fund

Fordham Fund II

Young Family Fund

Freudenberg Nonwovens Fund

Youth Pro Musica Fund

Fund for Women and Girls of Durham

Zawawi Family Charitable Fund

Jeannette A. Gates Fund

The Kenneth & Joyce Zeitler

Claude and Eleanor George Fund

Charitable Fund ^

GlaxoSmithKline Endowment Fund Beth Glenn Memorial Scholarship Elizabeth Wade Grant Endowment Fund Scaief-Gustaveson Fund

Field of Interest and Unrestricted Funds

Half the Battle Fund

Allow us to identify the most pressing

Hil-Car Harris Fund

needs and promising opportunities in our

George Watts Hill Fund

region and target your dollars where they

Willie B. and Bruce A. Hill, Sr.

can be most effective.

Charitable Fund

Hanley-McCall Fund

George and Beverly Hitchings Margaret G. Altvater Fund for Education

Endowment Fund

American Tobacco Charitable Event Fund

Luther H. Hodges Biography Project Fund

Bank of America Leadership Triangle

Howland-Dawson Community

Endowment Fund

Endowment Fund

Borchardt Fund

Patricia J. Hughes Fund

Julia Preston Brumley and George William

Elinor Moore Irvin Fund

Brumley, III Family Memorial Fund

Jenny I Fund

Manuel, Fotini, and Otis Capsalis Memorial

Thomas S. Kenan, III Endowment

Endowment Fund

Susan B. King Far Side Fund

Donna Cederberg and John Cederberg

F. M. Kirby Endowment for Corporate

(sister and brother) Memorial

Philanthropy

Endowment Fund

Etta Laikin Endowment Fund

Minnie E. Chandler Endowment Fund

Litwack Family Endowment

Chester and Jessie May Clark

The Maren Foundation Send a Kid to Camp


TRIANGLE COMMUNITY FOUNDATION

Endowment Fund

Agency Funds

Mason’s Apron Fund

Nonprofit organizations establish these

Mitsubishi Semiconductor Community

funds as part of their overall fundraising

Ventures Fund

and investment strategies.

John Nelson and Corinne Moreno Scholarship Fund

Arc of Durham County

Peter John Neal Memorial

Arc of Durham County Endowment Fund

Scholarship Fund

Vassiliades Memorial Endowment

Norburn Family Fund

Arc of Orange County

Just A Nutter Book Fund

Arc of Orange County, Inc.

Optimist Club of Durham Fund

Clara Council Fund

Peoples Security Insurance

The John Avery Boys & Girls Club

Endowment Fund

William J. Kennedy Endowment Fund *

Charles Chase Pratt Memorial Fund

Capital Area Preservation, Inc.

Quota Club of Durham

Capital Area Preservation

Mel and Zora Rashkis Endowment Fund

Endowment Fund

Regional Community Endowment Fund

Caring House, Inc.

Margot Meyer Richter Endowment Fund

Caring House Management

Margot M. Richter Fund

Reserve Fund

Kenneth C. Royall, Jr. Fund

Carolinas Council of Housing,

Schwartz Family Fund

Redevelopment, and Code Officials

Kathryn (Kay) Segee Memorial Fund

Carolinas Council of Housing,

Jacqueline Shaw-Haywood Memorial Fund

Redevelopment, and Code Officials

Faith and Arnold Shertz Fund

Scholarship Endowment Fund

Asa T. and Elna B. Spaulding Endowment Fund St. Luke’s Circle Endowment Fund John and Otelia Stewart Endowment Fund SunTrust Endowment William Taylor-Lillie Mae Jones Fund * Telemark Fund Claude and Adele Thomas Fund Ron and Marilyn Toelle Endowment Fund Village Companies Foundation Endowment Mary Margaret Wade Charitable Fund Barrie Wallace Fund for the Arts Carl G. Ward Fund Wright Refuge Fund Maple View Farm.


ANNUAL REPORT

|

2010

Chamber Orchestra of the Triangle

Chamber Orchestra of the Triangle

Principal Clarinet Chair

Endowment Fund in support

of the following:

Bassoon Chair

Podium Endowment

Eva Eliel Podium

Trombone Chair

Mary and James Semans Podium

Concertmaster Endowment

Chair Established for Visiting

Gettes Family Chair

Artists

Anna and Simon Schwarz Susan Jennifer Gettes Principal David Lindquist Principal Louella Arnold Cammack Memorial

Principal Chair Endowments

Gregory Bateson Assistant

Established by Horst and Ruth

Concert Master Chair

Mary Meyer

Blythe Family Principal

Chair Endowments

Robert Ward Chair for Composition

Violin II Chair

Giorgio Ciompi Chair Established

by Mary and James Semans

Viola Chair

Deborah and Arthur Finn Chair

Elizabeth Lindquist and Jeffrey

Cello Chair

Kerr-Ritchie Chair

Carol Boren Owens Memorial Chair

Bass Chair

Victor and Lenore Behar Chair

Special Endowment Gifts

Carol Clarke Hogue Principal Trois Edwin Johnson Principal Waldenburg Family Principal Whitehall at the Villa Principal

Flute Chair

Thomas F. Kenan, III

Harold and Robin Quinn

Principal Oboe Chair

Charles M. and Shirley F. Weiss

Young Soloists Endowment

Charles M. and Shirley F. Weiss

Chapel Hill Day Care Center Priscilla Guild Child Scholarship Fund Chapel Hill-Carrboro YMCA Chapel Hill-Carrboro YMCA Endowment Fund Choral Society of Durham Choral Society of Durham Fund Julian Price Family Fund of the Choral Society of Durham Chrysalis Foundation for Mental Health William Hollister Endowment OPC Foundation for Mental Health Camp Endowment Communities In Schools of Wake County Ken Eudy, Triangle Gives Back Advisory Committee member, with Foundation President Andrea Bazรกn.

H. Glenn Williams CIS Funds


TRIANGLE COMMUNITY FOUNDATION

Council for Entrepreneurial Development

Tammy Lynn Memorial Foundation

Council for Entrepreneurial

Tammy Lynn Memorial Foundation Inc.

Development Fund

Endowment Fund

Lucy Daniels Center for Early Childhood

Make-A-Wish Foundation of Eastern NC

Lucy Daniels Center Endowment Fund

Make-A-Wish Foundation of Eastern

Duke HomeCare and Hospice

NC Inc Endowment

Duke Homecare and Hospice

Meals on Wheels of Durham

Endowment Fund

Meals on Wheels of Durham, Inc.

Durham Arts Council

Management Reserve Fund

Durham Arts Council Fund

Meals on Wheels of Wake County

Durham Center for Senior Life

Meals on Wheels of Wake County

Council for Senior Citizens Fund

Fund for the Future

Durham Central Park

Montessori Community School

Durham Central Park Endowment

Montessori Community School Fund

Durham Health Partners

NC American Water Works Association/NC

Better Health Endowment Fund

Water Environment Association

Durham Rotary Community Fund

NC Safewater Fund *

Fred and Shirley Brown Memorial

Mary Neal Child Care and Family

Scholarship Fund

Enrichment Center

Durham Striders Youth Association

Mark Estill Endowment

Durham Striders Youth Association

New Hope Presbyterian Church

Endowment Fund

New Hope Camp and Conference

Durham Symphony

Center Fund

Dr. John Grimes Endowment Eno River Association Eno River Endowment Friends of Durham Library, Inc. Durham Library Fund Historic Hillsborough Commission Katherine Malone-France Fund for the Burwell School Junior League of Durham & Orange Counties, Inc. Junior League of Durham & Orange Counties Endowment Learning Assistance, Inc. Ruffin/Edwards Academic Development Scholarship Fund Learning Together, Inc. Learning Together Fund Boys and Girls Club of Wake County (designated fund).


ANNUAL REPORT

|

2010

NC Coastal Federation

United Way of Chatham County

L. Richardson Preyer Endowment

United Way of Chatham County

NC Grassroots Science Museums

Endowment Fund

Collaborative

United Way of the Greater Triangle

NC Grassroots Science Museum

United Way of the Greater Triangle

Collaborative Endowment Fund

Legacy Society Fund

NC Museum of Life and Science

Urban Ministries of Durham

NC Museum of Life and Science

Betsy B. Rollins Fund for Hunger

Endowment Fund

in Durham

Frank Smullin Arts & Technology Fund

Volunteer Center of Durham

NC Wheelchair Athletes Foundation

Anne Nichols Moore Endowment

Honey Kirschbaum Memorial

Wake County Bar Association Foundation

Endowment

Wake County Bar Association

Orange County Department

Foundation Fund

of Social Services

Wake County Public Libraries

Helen E. Heusner Endowment Fund

Wake County Public Library Fund

Orange Congregations in Mission

Henry Miller Memorial Fund

Community Disaster Relief Fund

Wake Teen Medical Services

Planned Parenthood of Central NC

Wake Teen Medical Services Fund

Planned Parenthood of Central

Westminster Presbyterian Church

NC Endowment

Holderness Fund

Alice Aycock Poe Center

The Women’s Center

for Health Education

Women’s Center Endowment Fund

Building Healthy People Fund

YMCA Garner Road Branch

Preservation NC

Garner Road Young Men’s Christian

Goodwin House Fund

Association Endowment Fund

Historic Preservation Foundation

YMCA of the Triangle Area, Camp Kanata

of NC Inc Endowment Fund

Tommy Goldberg Memorial

RTI Parents’ Child Care Organization

Scholarship Fund

George R. Herbert Scholarship Fund St. George’s Episcopal Church St. George’s Episcopal Church Organ Endowment Fund Threshold Threshold Endowment Fund We Are Not Alone Fund Triangle Land Conservancy Logan Irvin Stewardship Fund UNC School of the Arts Foundation Inc. North Carolina School of the Arts Endowment

Designated Funds Created specifically to benefit one or more nonprofit organizations for a period of time or for perpetuity. The Arc of Wake County Fund The Arc of Wake County Laura Bailey & Claire Elisabeth Avery Fund Alice Aycock Poe Center for Health Education


TRIANGLE COMMUNITY FOUNDATION

Beerstecher-Jaquet Family Fund

Ray Felton American Cancer Society Fund

American Cancer Society

American Cancer Society

American Diabetes Association - Raleigh

Fletcher Performing Arts Fund

American Heart Association, NC Council

Durham Arts Council

American Lung Association of NC

William H. and Muriel J. Fox

American Red Cross, Triangle Chapter

Endowment Fund

Breast Cancer Research Foundation

NC Zoological Society

Duke HomeCare and Hospice

Herman Howe and Gladys Otten Fussler

Durham Rescue Mission

Endowment Fund

Forest at Duke

Triangle Land Conservancy

Northern Virginia Family Service

The Gibbs Endowment Fund

Ronald McDonald House of Chapel Hill

Raleigh Symphony Orchestra

Ronald McDonald House of Durham

Joel M. Hobby, Jr. Endowment Fund

Send A Kid To Camp Program of Triangle Raleigh Rescue Mission Community Foundation

Jane Joyner Endowed Scholarship Fund

Beryl Fund

UNC School of the Arts Foundation

Cameron Church Cemetery

Henry and Dorothy Lingle Kamin

Cameron United Methodist Church

Endowment Fund

Duke University

Duke University Medical Center

Triangle Community Foundation

Department of Biochemistry

Trinity United Methodist Church

Carl Martin Theater Fund

Alton L. Bland Jr. Memorial Fund

Durham School of the Arts

Harrison United Methodist Church

Richard K. Meyer Memorial Fund

Boys and Girls Club of Wake County

AIDS Community Residence

Endowment Fund

Association, Inc.

Boys and Girls Club of Wake County

Morse Integrative Strategies Endowment

Carver Fund

Integrative Strategies Forum

North Carolina Opera

Nelson Community Association

Tiffany M. Dockery Memorial Fund

Charitable Fund

Make-A-Wish Foundation of Eastern NC

Cedar Fork Baptist Church

Catherine A. Dugger Memorial Fund

Lakewood Baptist Church

Send A Kid To Camp Program of Triangle Lowe’s Grove Baptist Church Community Foundation

NC Baptist Foundation

Durham Health Partners Endowment Fund

Woman’s Missionary Union

Lincoln Community Health Center Inc.

of North Carolina

Ben Eason Fund

George W. and Mary H. Newton

Friends of NC Library for the Blind

Endowment

and Physically Handicapped

Greensboro College Foundation

Salvation Army of Wake County

Triangle Community Foundation

Triangle Radio Reading Service

Trinity United Methodist Church

YMCA of the Triangle Area


ANNUAL REPORT

|

2010

NC Amateur Sports

Capacity Building Fund

North Carolina Amateur Sports

United Way of the Greater Triangle

Endowment Fund

LeRoy Walker Endowment

North Carolina American

The John Avery Boys & Girls Club

Indian Designated Fund

Women In Action Endowment Fund

NC American Indian Fund

Women in Action for the Prevention

North Carolina Fund Legacies Fund

of Violence and its Causes

MDC Dr. and Mrs. Yasuhiko Nozaki Lectures Fund Duke University Medical Center Department of Biochemistry John A. Parker Fund Groton School Robert C. Parker School UNC School of Social Work Poe-Smith Endowed Scholarship Fund Alice Aycock Poe Center for Health Education E.K. Powe Memorial Fund E. K. Powe Elementary School Puckett-Strickland Fund Duke HomeCare and Hospice

Giving Circle Funds Pool resources, research community needs and decide as a group where to give grants. 20/20 Sisters of Vision Fund ALOT (A Legacy of Tradition) Giving Circle Art of Giving Fund (In partnership with the NC Community Foundation) Beehive Collective Heritage Quilters Fund NGAAP Fund Way Out Giving Circle

Grey Stone Baptist Church Hester Baptist Church Masonic Home for Children at Oxford Montreat College Raleigh Charter High School Future Fund Raleigh Charter High School Willis Alton & Margaret Baker Reid Stewardship Fund Triangle Land Conservancy Richard S. and Sylvia G. Ruby Fund Raleigh-Cary Jewish Federation St. Cecilia Fund St. Luke’s Episcopal Church Sister Cities of Durham Endowment for International Understanding Sister Cities of Durham Tobaccoland Kiwanis Fund Lincoln Community Health Center United Way of the Greater Triangle

TCF Board Member, Joel Sheer.


TRIANGLE COMMUNITY FOUNDATION

Special Funds

Promote the work of the Foundation.

TCF Real Estate Foundation Funds Currently Being Held Until Sale

Triangle Community Foundation Endowment Fund to benefit the Triangle

Chip and Shelly Bishop Donor

today and tomorrow

Advised Fund

Triangle Community Foundation Operating DeLaney-Berg Family Fund Fund to support programs that strengthen

DeLaney-Barton Family Fund

our region

DeLaney-Oxley Family Fund

Community Grantmaking Program Fund

Susan DeLaney Fund

to award competitive grants for local

Doug and Gerri Herakovich Donor

nonprofits

Advised Fund

Disaster Relief Fund to support disaster

DeLaney Laine Fund

relief and recovery efforts Economic Response Initiative Fund to strengthen our local nonprofit community through trainings, workshops and other capacity building services Shannon E. St. John Philanthropy Endowment Fund to invest in cutting-edge philanthropic initiatives and train future philanthropic leaders Catalyst Project Endowment Fund to promote philanthropy in the Triangle especially with businesses, entrepreneurs and professional advisors Send A Kid to Camp Program Funds Send A Kid To Camp Endowment Fund Send A Kid to Camp Fund For Chatham County For Durham County For Orange County For Wake County For the Triangle-At-Large


TRIANGLE COMMUNITY FOUNDATION

Scholarship Funds

Durham Bulls/WRAL Explorer Posts

Give the gift of higher education in a

Scholarship Fund

particular area of study or based on need

David Cardoze

or merit.

Karen Chamberlain Roy Nixon

Alpha Delta Scholarship Fund

Alex Revelle

Brad Kniejski

James Trasatto

Alpha Phi Alpha African-American

Durham Eagles College Scholarship Fund

Male Scholarship Endowment

Gertrude B. Elion Mentored Medical

Grant Alexander Wilson

Student Research Award

Alpha Tau Boule Scholarship Fund

Jessica Amenta

Marquis Gibson

Sarah Rogan

Carol Ann Beerstecher Nursing

Veronica Rotemberg

Scholarship Fund

Edgar C. Garrabrant, II and John R.

April Compeau

Garrabrant Memorial Scholarship

Ashley Hoff

Natalie S. Dunlop

Matthew Kacal

GlaxoSmithKline Opportunity

Laura Murphy-McMillan

Scholarship Fund

Amy Tippette

Cushandra L. Burnett

Felicia Brewer Opportunity

Guadalupe Huitron

Scholarship Fund

Jasmine B. Lovett

Christina Rivera

Omega C. McKinnon

Trey Cheek Memorial Fund

Kaitlyn C. Monahan

Jessica Sun

Matthew P. Muse

Donald Clarke-Pearson Runners’

Michael S. Gray Memorial Fund

Scholarship Fund

Abir Chatterjee

Christian Godinez

Stacy Guess Memorial Fund

Jacob Hoerger

Rebecca Clemens

Tyler Oleski

Julia Ann Harrison

Lindsay Savelli

Scholarship Fund

Durham Cerebral Palsy Foundation Fund

Coren Helene-Gitomer

de Grange Endowment Fund

Gena Steffens

Brianne Berney

George H. Hitchings Scholarship Fund

Lakia Moore

for Health Research

Ana Ortiz

Daria DiGiovanni

Brandi Sneed

Brian Grossi

Scarlette Snipes

Gregory Scott

James O. Duncan Scholarship Fund

Allison Elizabeth Hoof Memorial Fund

William F. Brown

Emily Palmer

Linda A. Ironside Fund for the Arts Frank V. Alexander, Jr.


TRIANGLE COMMUNITY FOUNDATION

Janssen Family Scholarship Fund

Meredith Nichole Holder

Zachery Reagan

Sarah Elizabeth Quesenberry

Kate Parks Kitchin Scholarship Fund

Corinne Marie Wilder

Addie Dow Keeter

Powhatan Elementary School

Caroline Laundon Memorial

George and Mary Newton

Scholarship Fund

Scholarship Fund

Katherine Anne Krantz

Arianna McCray

Hannah Osborne

North Carolina Jaycee Scholarship Fund

Isaac Hall Manning, Jr. Award

Jessica Harris

for Excellence in Patient Care

Kevin Hollander

Vann M. Rhew

Taylor Johnston

Trudie Watson

Jillian Froelick

Ruby Ennis Maynard Scholarship Fund

Joseph S. Parker Jr. and

April Harrell

Loretha Brooks Parker Fund

Mary Margaret McLeod Fund

Dr. Carl N. Patterson Memorial Fund

for Deserving Children in Lee County

Pi Phi 1st Generation Scholarship Fund DeCario Allen PaShara Black Aurora Cabrera Tiarra Green Truby G. Proctor College Opportunities Fund Susan Ellis Roberts Scholarship Fund Heather Victoria Tapp Scholars’ Latino Initiative, TCF Fund Xaviera Carrillo Esaul Gonzalez Contreras Luiz Perez

2010 GSK Opportunity Scholarship Award Winners.

Shaver Hitchings Scholarship Fund Elizabeth C. Waddell James Sills Scholarship Fund

Native American Health Education Fund

Kassel Smit “Make a Difference”

John Stephen Cox

Scholarship Fund

Tedi Jo Hugues

Fatima Rose Domagtoy

Misty LaFranier

Clay Parrish

Christopher Wei-Tzong Liu

Charles Harrison Smith, III

Elizabeth G. Sam

Scholarship Fund

Steven D. Whithorne

Julie K. Boyles

Neuse Ryder Cup Fund

Van and Luella Thomas Family

Aubrey Lynn Allen

Scholarship Fund

Lauren Brooke Edwards

Robert Hicks

Erika Liliana Guillen


TRIANGLE COMMUNITY FOUNDATION

Kathryn H. Wallace Endowment

Camp Chestnut Ridge

for Artists in Community Service

Josephine Clement Fund

Richard E. Whitted Fund

for Public Education

Ana Amaya

William A. and Josephine D. Clement

Dayanna Hernandez

Endowment Fund

Alycia Long Allen Scholarship Fund

NCCU School of Business

Chapel Hill High School

Joseph H. and Barbara G. Collie

Grace L. Avery African-American

Fund - Barbara Collie Green Scholarship

Scholarship Fund

Sayre Area School District

Duke University

Courtney Bostwick

Ariel Symone Snowden-Wright

Durham Rotary Community Fund

Bilbro Educational Fund

Durham Public Schools

Pitt County Education Foundation

Andrew Baranosky

Luisa Haynes

Khalil Collins

Needham Broughton High School

Eboni Dean

Alumni Association Scholarship Fund

Jodie-Ann Graham

Needham Broughton High School

Chareese Livingston

Alumni Association

Brenda Soria Rodiquez

Mary Carr Allen

Jason and Jessica Evans Memorial Fund

Carolina Scholarship

Orange High School

Chapel Hill-Carrboro Public Schoo

Nicholas Shriner

Morgan Walker

Foundation Funds

Anne Craig Barnes Education

Florida State University

Enrichment Endowment Fund

Kaye Jaynes

Chapel Hill High School / PTSA

Fred and Margie Fletcher Volunteer Award

Chair in Humanities Fund

City of Raleigh Department of Parks

Glaxo Wellcome Excellence in Teaching

and Recreation:

Science Award Fund

Award of Excellence- Octavia Rainey

Kaiser Permanente Math and Science

Outsanding Financial Contributor- Eulis

Teaching Chair Fund

and Irene May; Foresters; The Home

Zora Rashkis Teaching Chair

Depot

in Language Arts Fund

Outstanding Athletic Volunteer-

R. D. Smith Award Fund

Jermaine Johnson

Phyllis Sockwell Chair for Excellence

Outstanding Athletic Volunteer-

in Elem. Classroom Teaching Fund

Bobby Hill

Bernadine Sullivan Teaching Chair

Outstanding Greenway Volunteer-

in English Fund

Boy Scout Troop #398

Upper Elementary Chair for Excellence

Outstanding Adopt-A-Park Volunteer-

in Teaching Innovation Fund

Billy and Peggy Griffin

R. Meade Christian, Jr. Safe Swimmer

Outstanding Senior Adult Program

Scholarship Fund

Volunteer-Ed and Ruth Chauvaux

Camp New Hope

Outstanding Specialized Recreation


TRIANGLE COMMUNITY FOUNDATION

Volunteer-Jeff Butler

Jaquelinne Murillo

Outstanding Volunteer Group- Phil

José Noé Ríos

Lanier and the Clear Run Bluegrass

Zolly Rivera

Band; Exploris Middle School 8th Grade

María Pía Rodríguez

Outstanding Park Volunteer-

Gloria Rodríguez

Joan Staryak

Laura Rozo

Outstanding Project Volunteer-Matthew

Sheltering Home of King’s Daughters –

Curry – Boy Scout Troop 33

Hazel Gray Baucom Memorial

Outstanding Program Volunteer- Maria

Scholarship Fund *

Luisa and Miguel Cortes

Campbell University Divinity School

Outstanding Teen Volunteer-

Susan Ribet Martin and Grace Ribet

Braxton Simmon

Memorial Scholarship

Gryphon Fund- Angello/Chesson

Northern High School

Scholarship

Dr. Cleon F. Thompson Scholarship Fund

Rocky Mount High School

Shaw University

John Collins Cuthrell, IV

Tomorrow Fund *

Hillside Class of ‘66 Alumni Scholarship

High Point University

Hillside High School

Meredith College

Valencia Lipscomb

NC A&T University

Pat Kelley Achievement Award

Philip Watts Foundation Fund

Ephesus Elementary School

Philip Watts Foundation

Ciara Grianger

F. Carter Williams Architectural

Alie Webb

Gold Medal Award

Louis and Fay Maira Scholarship Fund

Foundation for the Carolinas

Holy Family Catholic Church

Philip G. Freelon

Charles F.T. Nakarai Fund

Mial Williamson Memorial Scholarship

for Piano Competition

Needham Broughton High School

Durham Music Teachers Association

Alumni Association

Nora K. Nicholson Scholarship Fund

Mary Morgan Bitler

NC Museum of Life and Science

Benjamin Watson Woodruff

Audri Clemmons

Citizenship Award

Sarah Humphrey

Needham Broughton High School

Nelson Moncada

Alumni Association

NC Hispanic College Fund

Eliza Enloe

NC Society of Hispanic Professionals, Inc. Montserrat Álvarez Hugo García Izamar Gaytán Brenda López Virginia Montes-Avilés Arisdelcy Morales


TRIANGLE COMMUNITY FOUNDATION

The George H. Hitchings Society

Frank K. and Carolyn H. Borden

Building a legacy for generations to come

Henry Forest and Betty Jean R. Britt

John G.* and Dorothy R. Borden Donald R. Brewer Susan E. Brown and David F. Ritchie Phillip and Katharine Buchanan Donald and Shirley Burkall

Triangle Community Foundation created its George H. Hitchings Society to recognize donors who set up gifts to the Foundation in their estate or financial planning. The society is named for the foundation’s creator, Nobel Laureate Dr. George Hitchings, and honors those who commit resources to the community by naming TCF as a beneficiary in their wills, trusts, insurance policies, or retirement assets. Individuals who include deferred charitable gifts in their planning serve as an inspiration for others, by creating a legacy of giving through their estate planning.

Tom and Marge Berger Busch Joseph H. and Barbara G. Collie Ann Marjorie and George Harold Connell Michael Cucchiara and Marty Hayes Chicita Culberson Mark and Susan Daley Edgar Foster Daniels Julia and Frank A. Daniels, Jr. Julia Graham Daniels Patricia B. Daniels Arthur S. and Martha* D. DeBerry Christopher Kevin Delaney Louis R. and Madelyn L. Dickerson Pearl B. Doherty

To learn more about the Hitchings Society, please contact Robin Barefoot, at robin@trianglecf.org or 919.474.8370, ext:133 The Foundation gratefully acknowledges Hitching Society members (* deceased):

Mrs. Alberta B. Dolan Robert P. Donovan John McNeely DuBose David Eaton Kay Edgar and Bob Healy Amy F. and Monty Edge

Michael and Mary Bryan Adair James M.* and Barbara Brandeis Alotis Charles and Barbara Andrews Grace Lynn Avery L. Thomas Barber and Shannon St. John Gail M. Bauer Clare and Walter Baum Andrea BazĂĄn Helen Elizabeth Bell Vern S.and Mary B. Bell Robert H. and Carol W. Bilbro Joyce Billotte Donald L. and Maryann Bitzer Thomas Blackburn James* and Barbara Blanchard

Ronald A. Epner & Elise A Epner H. Spencer Everett, Jr. Joseph Fedrowitz and Mitchell Vann Jay H. and Kay Marvin Ferguson Barbara M. Fletcher Susan Frazier Robert Frye and Peggy Blake Cheryl Gallan Mr. and Mrs.Benjamin K. Gibbs Mr. and Mrs. Nicholas* Gilles Peter Gilligan and Lynn Smiley Robert Glenn and Connie Winstead Elizabeth Wade Grant Robert and Dana Greenwood Roselyn Gurlitz


TRIANGLE COMMUNITY FOUNDATION

Norman and Nancy Scaief Gustaveson

(in memory of her son)

Beverly Dougher Hanly

Polly and Rebecca Mitchell-Guthrie

Pamela Logan Harris

Mark and Patricia Molitor

Don and Marilyn Hartman

Mary Cynthia H. Monday

Alycia Hassett

Marv and Lesia Monfre

Marian and Ronald Hawkins

Anne and Victor B. Moore

Katherine Gordon Haworth (for the animals)

Jean M. Moore*

James Patrick and Martha Young Heafner

Ronald Morrow

Frances Wright Henderson

Jan Muller

Dorothy L. Heninger and Simeon Heninger

Mike and Barbara Murphy

Debbie Hill

Walter L. and Denise D. Newton

Mary and Watts* Hill

Schooner Nowell

William Hill

Robert P. Nutter

Joel M. Hobby, Jr.

Robert P. Nutter

Tom and Jean Hogen

Margaret P. Parker

Donald and Jennifer Holzworth

Larry and Beth Patterson

Gray and Gail Hutchison

Erle Peacock

Raymond Lewis Jefferies, Jr.

Mimi Pearson

Jeff and Jan Jewett

David and Mary Peele

Louise Johnson

Ellen Yeargan Pemberton

Tyler R. Johnson

Peggy P. Perlman

Ambassador James Joseph

Barry L. Poss

Douglass Joyce and Colleen Zinn

Ethel Pratt

Dorothy L. Kamin

M. Elizabeth Preddy

Eric E. Karnes

Lee Nowell Radford and Garland Radford Jr.

Kelly S. King

Neil O’Toole and Janet Ramsey

Martha Klopfer

Mel* and Zora Rashkis

Mark and Katherine Kauffman Kocourek

Anna Louise Reynolds

Harold Kohn

Joseph and Libby Robb

Randolph and Catherine Lambe

Carol T. Robbins

Mary E. Larkin

Elizabeth Marie Roberts*

Joan Lash and Ray Williams

Verne L. and Tanya Sue Roberts

Nancy W. Laszlo

Ernest C. and Constance B. Roessler

Heather Smith Linton

Allen Rogers

Anne Cone Liptzin

Mozette Rollins

Walter Lowry and Susan S. Caudill

I. Woodall* and Mary E. Rose

Edwin H. and Ruth P.* Mammen

Gayle L. Ruedi

Jack and Mary McCall

Earl H.* and Margaret Ryan

William B. McLawhorn

Dudley Hill Campbell Sargent

Peter and Prudence Meehan

Marjorie A. Satinsky

J. Horst & Ruth Mary Meyer

Anne and Tom Schick

Marilyn Rand Miller-Fox

John and Tan* Schwab


TRIANGLE COMMUNITY FOUNDATION

Beverly Ann Segee

Dorothy S. Stephens

John Edward Segee

Daniel S. and Connie T. Stevenson

Jean S. Sharp

John S. and Otelia J. Spaulding Stewart

JB and Thomas M.* Shelton, III

Martha R. Stone* Sara and Lyle Strassle Ron Strom and Cathy Pascal Sherwin Suddreth Boyd R. and Janie J. Switzer Jim and Cassandra Swon John Terborgh and Lisa Davenport Wynne Thomas Ron and Marilyn Toelle Charles D. Liner & Camille “Kitty� Tulloch Jerry and Sondra VanSant Jack and Carol Walker Dr. Robert and Ms. Mary Ward Bill and Gloria Warner Ethel Weinberg Selena Warren Wheeler Andrew Widmark

Anne and Victor Moore, Hitchings Society Members, who have been involved with the Foundation since its inception in 1983.

Alice Poe and F. Carter* Williams Richard and Diane Williams R. Brooks and Sandra J. Winbourne William E.* and Joan M. Wollman

Robert D. and Connie C. Shertz

Ellizabeth Woodman

Glenn Simon

Josef Woodman

Michael and Mig Murphy Sistrom Perry and Lillie Duke Clements* Sloan Judy and Johnnie* Smith Walter G. and Kathryn F. Smith William D. Smith Jack M. and Patsy H. Stancil Paul and Leslie Starsoneck

74 members prefer to remain anonymous


TRIANGLE COMMUNITY FOUNDATION

Financial Overview. Triangle Community Foundation carefully manages long-term philanthropic funds primarily for the benefit of our region. The Foundation’s assets have grown from an initial contribution of $3,000 to $126 million and comprising 750 funds. Over $76 million of Foundation assets are in endowment funds. The remaining portion of assets is held in non-endowed funds that can be partially or fully expended. During the 2009-2010 fiscal year, the Foundation received contributions of $14.1 million and made grants totaling $11.8 million. The stewardship of the Foundation’s funds is a critical responsibility of the Board of Directors. The Foundation’s Finance Committee, appointed by and reporting to the Board of Directors, has immediate oversight of all aspects of the Foundation’s financial management. This committee is comprised of Board members with specific experience and expertise in financial and operations management. The Foundation’s Investment Committee reports to the Finance Committee and is comprised of seven highly experienced investment and business professionals who work with Colonial Consulting LLC, the Foundation’s independent investment advisor, in managing the investment portfolios in order to meet both the short and longterm needs of thefundholders and grantee organizations supported by the Foundation. For the past 30 years, Colonial Consulting has provided investment advisory services to large endowments and foundations and has the expertise to understand the requirements and challenges of organizations such as Triangle Community Foundation. The Investment Committee and Colonial Consulting meet regularly to review investment returns and make any necessary adjustments to the investment portfolios. Foundation investments consist of three main investment pools: the Endowment Investment Portfolio (currently 60% equity, 20% fixed income,


ANNUAL REPORT

|

2010

20% alternative), the Non-Endowed Growth-Oriented Investment Portfolio (currently 75% equity, 25% fixed income), and the Non-Endowment Income-Oriented Investment Portfolio (currently 35% equity, 65% fixed income). The investment portfolios are designed and managed to: 1) provide diversified, high-quality investments without undue risk of significant capital depreciation; 2) produce returns that exceed inflation and the spending needs of endowed funds; and 3) meet or exceed established investment industry benchmarks. Endowed funds are permanent funds invested for the longterm in a diversified portfolio of fifteen asset classes including publicly traded stocks, alternative funds, real estate, private equity, bonds and cash. This high degree of diversification is possible due to the predictability of the portfolio’s cash flow requirements. Endowed funds are operated under a spending policy set by the Foundation and guided by the North Carolina Uniform Prudent Management of Institutional Funds Act (UPMIFA). Currently up to 5% of an endowed fund’s value is available for distribution in the form of grants on an annual basis. Non-endowed funds do not have a limitation on distributions from the fund. They have cash flow needs requiring greater flexibility and therefore are invested in a diversified portfolio of equities and fixed assets but not in alternatives. The Non-Endowment Income-Oriented Investment Portfolio is invested in eleven asset classes and the Non-Endowment Income-Oriented Investment Portfolio is invested in seven asset classes. Triangle Community Foundation was not immune to the impact of the economic downturn over the recent past. Our Investment Committee, in collaboration with Colonial Consulting, made sound and patient decisions during the downturn that significantly benefited the recovery of our investment portfolios.


TRIANGLE COMMUNITY FOUNDATION

Statement of Financial Position, as of June 30, 2010 ASSETS Cash.......................................................................................................... $3,427,000 Investments......................................................................................... $111,489,000 Real estate held for sale...................................................................... $3,268,000 Receivables.............................................................................................$6,621,000 Rental real estate (net of depreciation)...............................................$820,000 Office furniture and equipment (net of depreciation).................... $124,000 Total Assets................................................................................. $125,749,000

LIABILITIES AND NET ASSETS Accrued expenses.................................................................................... $156,000 Grants payable..........................................................................................$594,000 Assets held on behalf of other organizations............................... $6,093,000 Net assets........................................................................................... $118,906,000 Total Liabilities and Net Assets................................................ $125,749,000

Statement of Activities SUPPORT AND REVENUES Contributions........................................................................................ $14,131,000 Interest and dividends..........................................................................$2,319,000 Investment gains................................................................................... $7,272,000 Change in value of charitable trusts................................................. ($706,000) Other income..............................................................................................$84,000 Total Support and Revenues......................................................$23,100,000


ANNUAL REPORT

|

2010

EXPENSES PROGRAM SERVICES Grants......................................................................................................$11,787,000 Grantmaking, special projects and philanthropic services.........$1,042,000 Total Program Service Expenses.................................................... $12,829,000 SUPPORTING SERVICES Fund Management.....................................................................................$68,000 Administration...........................................................................................$732,000 Development............................................................................................ $494,000 Total Supporting Services....................................................................$1,294,000 Total Expenses...............................................................................$14,123,000

Change in Net Assets............................................... $8,977,000 Net Assets, Beginning of Year........................... $109,929,000 Net Assets, End of Year....................................... $118,906,000


TRIANGLE COMMUNITY FOUNDATION

Total Assets & Investments

As of June 30, 2010 Total Assets Investments

140.0

$ MILLIONS

105.0

70.0

35.0

0 2006 2007 2008 2009 2010

2006

2007

2008

2009

2010

Total Assets

108.9 124.8 137.5 116.6 125.8

Investments

90.4 106.7 113.2 103.5 111.5


ANNUAL REPORT

|

2010

Gifts & Grants

As of June 30, 2010 Gifts Grants

40.0

$ MILLIONS

30.0

20.0

10.0

0 2006 2007 2008 2009 2010

2006

2007

2008

2009

2010

Gifts

12.3 20.8 30.1 15.7 14.1

Grants

10.4 12.5 14.0 14.2 11.8


TCF was named to Carolina Parenting Inc.’s Family-Friendly 50 list for 2010.

Triangle Community Foundation is thrilled to announce that it became a Green Plus certified organization on June 18, 2010. Created by the Institute for Sustainable Development, Green Plus is a program that educates and certifies small and medium sized businesses and nonprofits in triple bottom line sustainability. It focuses on the three areas of People (both employees and the local community); Planet (interaction with and use of the natural environment); and Performance (strengthening the business side to maximize organizational capacity).

TCF joins the ranks of prestigious local companies such as Burt’s Bees and The Redwood Group and is currently the only community foundation to have sought this certification. TCF remains committed to sustainability efforts such as an active recycling program, using green office and catering supplies, and active participation on the American Tobacco Campus Sustainability Committee.


Annual Report