Page 1

2009 | 2010

Leadership

Community

Philanthropy


02

Jarett Levan President and CEO Bank Atlantic

BankAtlantic is proud to partner with The Miami Foundation, a leader in philanthropy, combining innovation and planned giving to make donating to good causes more effective - and more fun. It is an honor to be part of this report and to have the opportunity to congratulate The Miami Foundation for its outstanding work.

Throughout our 60-year history, BankAtlantic has remained committed to our local customers and involved in the South Florida community. With fifty locations in MiamiDade and Broward, we enjoy partnering with many great non-profit organizations, like The Miami Foundation. Together, we will create a

miamifoundation.org

better Miami and South Florida.


content 04 | 05 Year in Review 06 | 07 Message from the Chairmen and CEO

08 | 17 Leadership

12 | 13 Raúl Valdés Fauli 14 | 15 The Braive Initiative 16 | 17 Board of Trustees

18 | 31 Community 22 | 23 24 | 25 26 | 27 28 | 31

Close Up Mahogany Youth Robert Battle Community Grants

32 | 53 Philanthropy

annual report 2009 | 2010

36 | 37 Saldaña Family 38 | 39 Ethel Thompson 40 | 41 Greer Family 42 | 43 Your Custom Fund 44 | 45 Toby Muir 46 | 53 New Funds 54 | 67 Gifts 68 | 69 Staff 70 | 73 Financials


04

July | 2009 After 24 years of dedicated service, Ruth Shack retires as President – Javier Alberto Soto is selected as her successor

September | 2009 Invested $170,000 in 18 nonprofits that work each day to champion LGBT rights, provide support for gay youth and foster cultural events

November | 2009 Connect Familias, an initiative that connects families with needed services in the community, is recognized as a national model for excellence by the US Department of Health and Human Services

January | 2010 Welcomed the Bert and Mary Meyer Fund. The Meyers closed their private foundation to relinquish the administrative burden and still enjoy supporting a cause they care about forever

April | 2010 Honored Royal Caribbean Cruise Lines at the annual Leave a Legacy luncheon for their commitment to Haiti – before and since the earthquake and for choosing to partner with

miamifoundation.org

The Miami Foundation

in


05

June | 2010 Awarded one million dollars in grants from 114 donors who entrusted The Miami Foundation to address the most pressing issues in our communities

September | 2010 Celebrated the successful finish to The Braive Initiative – a five million dollar program that supported South Florida military personnel returning from deployment in Iraq and Afghanistan, and their families

November | 2010 Rebranded the organization as The Miami Foundation built on our core values of

review

annual report 2009 | 2010

Leadership, Community and Philanthropy


06

to our friends and partners in philanthropy

Miami is a place that is constantly transforming itself. And so it was, in the fall of 2010, we transformed ourself to The Miami Foundation. When we announced the new brand, we committed to always honor and celebrate the legacy of the Dade Community Foundation, the strong foundation on which we are built. Our new identity represents three things critical to Miami and to achieving our goal of building a greater place for all Miamians to live, work and play. They are leadership, community and philanthropy.

miamifoundation.org

Javier Alberto Soto | President and CEO Louis-Albert H Jolivert | Chairman 2011 John J Grundhauser | Chairman 2010


07

On leadership, the Foundation has a rich history – from the legacy of our President Emeritus Ruth Shack to our unique Miami Fellows program. The importance of leadership in our community will always be a central focus.

On community, the Foundation has a rich history of attracting national investors who bring additional capital to further our mission

to our new Engage Miami initiative that provides needed data which will guide our future grantmaking, advocacy and policy efforts. On philanthropy, the Foundation has a rich history of uniting philanthropists with a cause to make a collective difference to our new work providing research and support to our community’s many philanthropists. As you read this first report of The Miami Foundation, you will see stories that exemplify these three pillars from which we work. Among the pillars, there is a common thread binding them together, A Greater Miami. This means stronger ties to our community. Miamians give their time, talent and resources. This means effective nonprofits – nimble organizations that are able to respond to our ever-changing needs. This means prepared leadership where our future leaders have skills and commitment necessary to succeed. Finally, this means inspired philanthropy, in which our donors identify the change they want and see it through to fruition. The Greater Miami we envision guides our work. Over the coming months and years, you will see us take a larger role in building this community. We will advance issues we care about. We will build the next generation of leaders. We will develop a culture of philanthropy.

annual report 2009 | 2010

We are proud to do this work and thankful to have friends and partners like you.


08 Do not follow where the path may lead. Go instead where there is no path and leave a trail.

miamifoundation.org

-Ralph Waldo Emerson


annual report 2009 | 2010

Leadership


010

in our history:

310 community served as Trustees on our Board

89 young

emerged to take a greater role in our Miami Fellows program

secured

$

miamifoundation.org

from national investors to deepen


011

leaders leaders

improving our community through

23,000,000 annual report 2009 | 2010

the impact of our work


012

“as citizens to

It is incumbent on us

miamifoundation.org

make what


013

Raúl Valdés-Fauli’s legacy will certainly include his tenure as President and CEO of Professional Bank. The larger legacy to which many will point is that of

Raúl was a member of the inaugural class of the Miami Fellows, an intensive leadership development program run by the Foundation.

giving back to Miami. Reflecting on his experience, he was thankful for how much he learned. “I had just moved back to Miami and Miami Fellows showed me how much I didn’t know,” Raul offers. “I learned how to get involved with local government and different groups in the community. It was very enlightening.”

“I had always been involved, Miami Fellows allowed me to see and understand different corners of our community and how I could make a difference.” Today, Raul attributes the Fellows experience to helping him stay rooted and invested in our community.

annual report 2009 | 2010

change we can.”


014

5 million

$ miamifoundation.org

helped these men and women and their loved ones


015

The wars in Afghanistan and Iraq have deeply impacted thousands of South Florida military personnel and their families. For these heroes and their families, a multitude of unmet needs arose from their deployment. We carefully invested $5 million in the work of nonprofits

Organizations were chosen that provide leadership and sustainable solutions in an effective manner.

that

directly

serve

our

military community. Grants

were

established

made

to

nonprofits

such as the American Red Cross of Greater Miami and

Fisher House. Plus, promising grassroots organizations, like Veterans Link Up, received needed financial support to provide help for service members, veterans and families. As The Braive Initiative closes in 2011, we continue to work with our Fundholders and community partners whose charitable interests include providing for the

annual report 2009 | 2010

health and well-being of our heroes and their families.


miamifoundation.org

016

310 community served as Trustees on our Board

in our history


017

Louis-Albert H Jolivert | Chairman | Senior Director | BNY Mellon Wealth Management Liebe Gadinsky | Vice-Chair and Chair of the Program Committee | Civic Leader Alex Fraser | Treasurer and Chair of the Finance Committee | President | Smart Merchant Processing    

Penny S Shaffer | Board Secretary | Market President South Florida | Blue Cross and Blue Shield of Florida Michael A Marquez | Development Committee Chair | Managing Director, Senior Resident Officer | Bessemer Trust  

Raul L Rodriguez, AIA | Governance Committee Chair | President | Rodriguez & Quiroga Architects Maria C Alonso | Senior Vice President | Miami-Dade/Monroe County Market Manager for Corporate Social Responsibility | Bank of America

Marta F Anido, CPA | Of Counsel | Morrison Brown Argiz & Farra LLP

Sergio Bendixen | Founder & Principal | Bendixen & Amandi   

Mitchell A Bierman, Esq | Weiss Serota Helfman Pastoriza Cole & Boniske, PL  

Ana Lopez-Blazquez | Chief Strategic Officer | Baptist Health South Florida CEO | Baptist Health Enterprises

Pablo Cejas | Chairman and CEO | Ascendant Commercial Insurance Robert C Gilbert, Esq | Of Counsel | Grossman Roth, PA Divina Grossman, PhD | Vice President for Engagement | Florida International University Marlon A Hill, Esq | Founding Partner | delancyhill, PA Juan Martinez | Vice President/CFO and Treasurer | John S and James L Knight Foundation  

David P Samson | President | Florida Marlins

Richard E Schatz, Esq | Managing Partner | Stearns Weaver Miller Weissler Alhadeff & Sitterson, PA

Bruce Turkel | CEO/ECD | Turkel   

leaders

annual report 2009 | 2010

Jose Vilarello | Regional Director | The Continental Group


018

The real citadel of strength of any community is in the hearts and minds and desires of those who dwell there.

miamifoundation.org

-US Senator Everett Dirksen co-author of The Civil Rights Act


annual report 2009 | 2010

019

019

Community


miamifoundation.org

15,000, 500,00 40,000, 139,00


000 0 000 0,000

to 849 organizations in 2010

largest grant in 2010

awarded in the last three years alone

annual report 2009 | 2010

awarded in our history


022

young leaders miamifoundation.org

learn the importance of being part of a democracy

Some of our newest citizens got an insider’s look at the Capitol with US Representative Ileana Ros-Lehtinen, thanks to a $7,500 grant from the James W & Essie Barfield Fund at The Miami Foundation.


023 023

Do you remember the first time you flew on a plane? Do you know what it’s like to walk the halls of Congress? Can you imagine having all of Washington DC as your classroom?

That’s what happened to eleven Miami high schoolers last summer. These

aren’t

just

any

young adults either. Most of the students come from

families who recently immigrated to the United States. They were chosen because of the leadership they show in school. The week they spent living and learning together, as part of the Close Up Fellowship program with students from schools nationwide, is one that will not soon be forgotten. Today, a cadre of young leaders have seen our country’s history come alive, gotten an insider’s view of our nation’s capital and more importantly know the importance of being a part of the democracy that brought them to our

annual report 2009 | 2010

country in the first place.


024

2 940 youth miamifoundation.org

,

Young boys anxiously await a bite on their line while fishing off Rickenbacker Causeway. Fishing trips like this one are possible in part thanks to a $10,000 grant from the John M & Dina K Marks Fund at The Miami Foundation.


025 025

It is much more than fishing that kids at Mahogany Youth learn. Founder Robert O’Bryant tells, “Those kids that are surrounded by negative influences – that was me. I was one of them.” In his youth, Robert was able to find positive role models and make his way through school, becoming a substance abuse counselor. On weekends, he routinely found himself taking the men he helped fishing. It soon turned into a family affair, with the men bringing their children along.

“Today, I am in a position to give hope to kids who have none.”

Now, 20 years later, Mahogany Youth, the organization he founded with his wife, Kathleen, takes close to 3,000 kids fishing each year. They’ve shown that positive role models in a contemplative environment expand the horizons of the children. Physically and figuratively.

“For many of them, it’s the first time they have seen the ocean,” Kathleen shares. For all of them, they understand that there are people who care, who can point

served last year alone

annual report 2009 | 2010

you in the right direction and that possibilities can be as endless as the ocean.


026

“When you learn,

miamifoundation.org

you teach

and when you

For the last two years, The Miami Foundation has invested more than $50,000 in arts and culture to provide children across Miami the opportunity to see world-class performances.


027

“It was in that moment that I knew I belonged. I was in an element that was larger than myself.”

These are the words Robert Battle

carefully

chooses

when he tells of seeing the Alvin Ailey Dance Theater for the first time.

Seeing your first world-class performance, hearing your first symphony and witnessing your first master work of art, embeds memories that last a lifetime. For some, like Robert Battle, these experiences are transformative. It was a school field trip from his Liberty City middle school to the Jackie Gleason Theater on Miami Beach that provided Robert with an indelible memory. The performance was Alvin Ailey’s signature piece, Revelations, which tells the story of faith and tenacity from slavery to freedom. Transformative because today, Robert is the new – and only third ever – Artistic Director of the renowned Ailey dance company. He carries the lessons of his Liberty City upbringing with him, “When you learn, you teach and when you get, you give.”

annual report 2009 | 2010

get, you give.”


028

12,496,000

$

Following are a few of the grants awarded by The Miami Foundation in 2010. This sampling is designed to give you a flavor for the depth and breadth of our work. The recipient organization is listed, a brief description of the program, followed by the name of one of the custom, charitable Funds that contributed to the grant.

$5,000 | Actor’s Playhouse gave the opportunity for high school students to see a Broadway production of the acclaimed musical Miss Saigon Fred H & Marian Billups Fund

$10,000 | PanZOu Project helped young adults receive necessary job training to make them competitive in the workplace John M & Diana K Marks Fund

$30,000 | Breakthrough Miami helped high school students, who attend school in some of Miami’s poorest neighborhoods, prepare for college Edward Claire Joy Mendel Memorial

$68,000 | Amigos for Kids prevented child abuse and promoted safety in Miami’s Little Havana neighborhood Denise Moon Memorial Fund

miamifoundation.org

$8,000 | WPBT Channel 2 provided teachers with tools and techniques to incorporate from the Kid Vision programs into their pre-kindergarten classrooms Hank Klein and Lisa Sloat Fund


grants 849

029

awarded

organizations served

in 2010

$27,000 | Teach for America placed creative, dedicated, first-year teachers in Miami-Dade’s urban schools Molly C Hector Memorial Fund

$3,000 | StoryCorps created legacies of Miami-Dade residents as they shared their personal stories about our community John S and James L Knight Fund

$25,000 | PrideLines Youth Services helped LGBT middle and high school students deal with peer pressure GLBT Projects Fund

$16,000 | New World Symphony allowed Miami residents and visitors to see a symphony performance for free at the state-of-the-art building on Miami Beach Keith and Renata Ward Family Fund

$53,000 | North Miami Foundation for Senior Citizen Services

annual report 2009 | 2010

fed senior citizens across the community, who cannot afford to buy healthy and nutritious meals The Miami Herald Fund


030

139,000,000

$

more than 1,000 Miami philanthropists have partnered with us to make their giving more strategic and have a greater impact since 1967

$22,500 | Miami Art Museum ensured that residents and visitors in Miami-Dade County can see world-class exhibits of fine art in our community Leila Lampert Fund

$75,000 | Legal Services of Greater Miami helped military members and their families secure services and helped with myriad legal issues that arose from their deployment overseas Iraq Afghanistan Deployment Impact Fund

$8,000 | Humane Society of Greater Miami

miamifoundation.org

spayed and neutered animals that were rescued to ready them for adoption by families Bonnie Lerner Fund

$45,000 | Casa Valentina allowed kids who turn 18, and age out of the foster care system, to get help finishing school, find jobs and a home to call their own DadeFund


031

in grants

awarded in our history

$10,000 | The Miami Foundation helped The Miami Foundation launch a project to increase levels of civic engagement in Miami-Dade Greenspan Charitable Foundation Fund

$8,000 | Community Partnership for the Homeless allowed homeless people to have a safe place to stay, a warm meal and to be connected to needed services Gerri and Roger Soman Charitable Fund

$22,000 | Shake-A-Leg

visit us at miamifoundation.org/grants to see a list of all 777 grants awarded in 2010

annual report 2009 | 2010

gave kids with physical disabilities the chance to sail on Biscayne Bay Morena De Mantilla Fund


032

We make a living by what we get, we make a life by what we give.

miamifoundation.org

-Winston Churchill


annual report 2009 | 2010

033

Philanthropy


034

25,851, $ 228,4 94

$

miamifoundation.org

new Funds opened in 2009 - 2010


035

517 24

total gifts in 2010

annual report 2009 | 2010

average Fund size


036

family miamifoundation.org

passion for Miami Rafo and Diana SaldaĂąa worked for 16 years to move their family to Miami. This is the “magical placeâ€? he visited his abuelitos as a boy. In 2008, their journey was complete and they are here to stay.


037

Rafael Saldaña loves Miami, his adopted hometown. As President and CEO of Banesco USA in Coral Gables and a proud father of four boys, Rafo, as he’s known to his friends, works each and every day to make a difference in our community. This year, he and his wife, Diana, were looking for a way to make their philanthropy more strategic and effective. They considered starting a private foundation, they chose instead to partner with The Miami Foundation. The Saldaña Family Fund that they established at The Miami Foundation has all the exclusivity and sophistication of a private foundation with greater benefits. Our team of personal philanthropic advisors identify programs that match the Saldañas’ interests and develop a grant strategy that makes a difference.

annual report 2009 | 2010

“Working with The Miami Foundation was an easy decision for us. They handle all the administrative work and we get to focus on the fun of philanthropy.”


038

legacy miamifoundation.org

that makes a difference every day

Though she has been gone since 1999, Ethel Thompson’s legacy ensures that this amazing program run by the I Have A Dream Foundation received a grant for $10,000.


039

The attention span of a fifth grader can be short at best. Combine that with the need for school clothes, supplies, backpacks and even food, the odds of doing well in school quickly stack up against you.

Kids at a school in one of Miami’s poorest neighborhoods are defying those odds. The entire class of fifth graders each have their own mentor,

tutors

available to help them before and after school, new school clothes and supplies, and free academic summer camp. All thanks to the I Have A Dream Foundation.

Ethel Thompson was looking for a way to honor her marriage and give back to the community that she loved. With these two things clearly in mind, Ethel discussed the idea with her long-time attorney, Ernest Hewett. He suggested that she use her estate to create a custom, charitable Fund at The Miami Foundation. With a simple provision in her will, the Ethel and WR Thompson Fund was created. She placed her assets and trust in The Miami Foundation. Today, we identify programs, like the I Have A Dream Foundation, that address Miami’s most pressing issues and award grants

annual report 2009 | 2010

in their name. We will continue to do so...forever.


040

“Philanthropy miamifoundation.org

was always an important aspect of

Matthew, Rachel and Laura Greer will all advise the Greer Family Fund someday. Rachel says, “My mom and dad taught us from the youngest ages the importance of giving back. It’s a value that I intend to pass on to my children and hopefully they to theirs.”


041

As parents, you hope many things for your children. You hope that they grow to live healthy and happy lives.

You hope they grow to be kind, respectful and caring citizens. You hope that they inherit your values. Matthew, Rachel and Laura, the adult children of Evelyn and Bruce Greer, have done all of that – and more.

“Philanthropy was always an important aspect of our family life; our children saw us do more than talk about helping, they saw us contribute our time, our skills, and our financial resources to the charities about which we felt passionately. This family value of giving became a natural and expected part of everyone’s life,” offers Evelyn. “When we realized we wanted to step up our level of giving, and preserve this value for our children and grandchildren, we chose The Miami Foundation,” Evelyn continues. “The Greer Family Fund at The Miami Foundation allows us to direct our philanthropy today and also creates an easy and seamless vehicle to allow our children and grandchildren to continue to be charitable in our family name tomorrow.”

annual report 2009 | 2010

our family life.”


042

whether you want to teach

children protect our

to read

oceans

feedarts

the less fortunate

foster the

research

support cutting-edge

anything you would like to achieve anytime you like

miamifoundation.org

in Miami or anywhere in the world

we can help


043

whywork with us?

your custom Fund

We offer custom, charitable solutions for each individual donor that enable you to give today or tomorrow through your estate. When you partner with The Miami Foundation you receive benefits not offered anywhere else.

annual report 2009 | 2010

Since 1967, The Miami Foundation has helped hundreds of individuals, families and businesses create personal, permanent and powerful legacies by establishing custom, charitable Funds. They choose us because we ask the larger questions about what they want to achieve with their life, their assets and their legacy.   They choose us because we provide civic leadership that brings people together to tackle issues of concern in our community.   They choose us because we leverage collective knowledge, creativity and resources for a deeper impact.   And they choose us because we make philanthropy easier and more fun.


044

perfect partners

miamifoundation.org

Toby Muir | Dunwody White and Landon, PA


045

Attorneys, wealth managers and financial planners often choose The Miami Foundation as a solution for their clients. These professional advisors do this for a variety of reasons including our flexibility, expert staff and outstanding customer service. “The partnership between my clients and the Foundation is mutually beneficial,” offers Toby Muir, an estate planning, trust and probate lawyer at Dunwody White and Landon, PA. “Our team of philanthropic experts develops a custom, charitable Fund based on each individual’s goals and needs. We have the ability to accept complicated

assets, offer more favorable tax deductions and with Funds of a certain size your client can choose their own investment manager,” said Javier Alberto Soto, president and CEO of The Miami Foundation. “For most donors, The Miami Foundation is a

better choice than a private

foundation” Muir adds, “The staff handles the administration and my clients

annual report 2009 | 2010

enjoy the philanthropy without the worries of management.”


046

new Funds 2009 | 2010

4:13 Foundation Aventura Hospital Community Health Fund Aventura Marketing Council Education Fund Bas Fisher Invitational Fund Louis Belasquida Memorial Fund The Bess Route Foundation The Betsy-South Beach Community Fund Richard Bower Miami Beach Education Fund Ruth Campbell Fund for the Historic Homestead Townhall Museum Centennial Celebration Fund Chambersouth’s Community Service Fund David da Silva Cornell Fund Dawntown Miami Fund The Dreamers Fund The DSAF Endowment Fund Elevate Miami Fund Sara and Eloys George Leadership Scholarship Fund Gerald and Jeanette Gioia Foundation Fund The Good Government Initiative Fund Eglantine Melita Gordon Memorial Fund Grassroots Grantmakers Fund Laura Greer Fund Matthew Greer Fund John J Grundhauser and Lois Weismantle Fund Martin Hamburger Fund Health Information Project Fund miamifoundation.org

Hispanic Food and Beverage Foundation Scholarship Fund Home Strong Fund Clyde W. Judson Jr. Memorial Scholarship Fund Knight Community Information Needs Challenge Fund


047 Caroline Lampen Fund Little Havana Partnership - Annie E Casey Foundation Fund Lockwood / Shake-A-Leg Fund Ted Lucas Foundation Fund Kathy Kramer-Martin Fund Ginny McDougal Memorial Fund Bert and Mary Meyer Foundation Fund Miami Beach Cultural Preservation Miami Beach International Animation Miami Fisher House Fund Miami Poster Project Fund The Miami HEAT Scholarship Fund Harvey Milk Foundation [NAME] Publications Fund Damian Matthew and Rachel Greer Narvaez Fund The Next Level of Hope Overtown Music Project Fund Pancake 3 Fund POPtv nonradioMusic Fund Private Regional Education Program Miami Fund Redland Pioneer Tours Fund Mary Beth Renick Memorial Fund Mark David Ross Fund Katherine Fernandez-Rundle Fund Sails for Sustanance Fund The Saldaña Family Foundation Sankofa: The Ghana Children’s Charitable Fund Ron Sequeiros Foundation Fund South Florida Food Allergy Support Network Fund Representative Richard L Steinberg Fund TADA / SADA Fund Team Tomorrow Fund Twenty Twenty Projects Fund The Dr Chatherine Willis Education Foundation The Sara Woodruff Foundation The Urban Green Works Fund US Southcom Fund Youth Lead Fund

for a complete list of our Funds visit us online at miamifoundation.org/Funds

annual report 2009 | 2010

The William Stewart Fund


048

2010 new Funds

Dr. George Willis established the Dr. Catherine T Willis Education Foundation Fund to honor the memory of his wife, Cathy, a physician who spent her life teaching and caring for others. The Fund continues Cathy’s work. George chose a custom, charitable Fund at The Miami Foundation because it allowed him to focus on Cathy’s legacy rather than on the complicated administration of a private foundation. Today the Fund supports the education of highly qualified, caring physicians who provide continuous, comprehensive patient-centered care, which is exactly what Cathy did.

the

miamifoundation.org

Dr. Catherine T Willis Education


Foundation

Fund

annual report 2009 | 2010

049


050

2010 new Funds

Emily Martinez-Lanza was a student at Gulliver Preparatory, she spent these years raising money for the group she started, Teens Against Domestic Abuse. She knew that she was soon headed to Harvard University for college. Emily established her custom, charitable Fund so that The Miami Foundation would manage and invest the money and accept new donations she raises while pursuing her degree. Emily’s TADA/SADA Fund allows her to assist victims of domestic violence and raise awareness of this important issue.

the

TADA/SADA

miamifoundation.org

Fund


annual report 2009 | 2010

051


052

2010 new Funds

The Sarah H Woodruff Foundation opened a custom, charitable Fund at The Miami Foundation thanks to timely advice from advisors at Northern Trust. Pursuant to federal law, private foundations must spend five percent of their assets annually. The Woodruff trustees are designing a new grant strategy. By using their five percent pay-out to open a Fund, they can now take their time in developing the strategy, meet IRS requirements and make grants anonymously.

the miamifoundation.org

Sarah H


Woodruff Foundation Fund

annual report 2009 | 2010

053


054

$5,000,000+

$100,000 - $499,999

Bert and Mary Meyer Foundation

American International Group The Annie E Casey Foundation The Batchelor Foundation

$1,000,000 - $4,999,999

Battle Creek Community Foundation

The Children’s Trust

Blue Cross Blue Shield of Florida /

John S and James L Knight Foundation

Health Options

United Way of Miami-Dade

Carnival Cruise Lines The Community Foundation Constance Dundas Foundation

$750,000 - $999,999 Anonymous Community Blood Centers of South Florida Lockwood Charitable Foundation

Richard D Fain Florida Sports Foundation Estate of Jeanette Gioia Matthew S Greer Jackson Memorial Foundation W K Kellogg Foundation MDHA Development Corporation

$500,000 - $749,999

Miami-Dade County, Florida The Miami Heat

The Home Depot Foundation

National Gay and Lesbian

Micky & Madeleine Arison

Task Force Foundation

Family Foundation

Royal Caribbean Cruises Sabadell United Bank Estate of Mary Jean Waldberg The William R Watts Foundation

miamifoundation.org

gifts to Richard Fain

donor since 1998


055

$50,000 - $99,999 Churchill Downs Cobb Family Foundation Colgate Darden Credit Suisse Randolph Gumenick Richard J Lampen Miami Beach Visitor & Convention Authority Karen Lynn Trust Dwayne Wade Mitchell Wolfson, Sr Foundation Wynwood Artists Lofts

Margaret Ahnert donor since 2003

Margaret Ahnert

$10,000 - $24,999

Robert & Francyn Berrin

Akerman Senterfitt

City of Miami Beach

Porter Anderson Jr

The Continental Group

Joel Anthony

The Ethel & W George Kennedy

Michael A & JoAnne Bander

Family Foundation

Baptist Health South Florida

Florida International

William Bikoff

Bankers Association

Chris Bosh

Ginny McDougal Memorial Fund

Peter C Brockway

Funds

2009 | 2010

Miccosukee Indian Gaming

Caja Madrid Miami Agency

P G Biscuit

Mario Chalmers

Publix Super Markets

Chasen Family Foundation

The Research Corporation

Community Foundation of Broward

of the University of Hawaii

CTH Asesores Inmobiliarios Sa De CV

State Attorney Katherine Fernandez

Dade Schools Athletic Foundation

Rundle Campaign

Joseph T Derry

Rafael F & Diana Salda単a

John Devaney

Team Tomorrow

Downtown Development Authority

Robert F & Julie S Williamson

of the City of Miami

annual report 2009 | 2010

$25,000 - $49,999


056

gifts to Funds 2009 | 2010

Mark & Kristina Pickard C C Reed Campaign Harry A Robinson Foundation School Board of Miami-Dade County Muriel F Siebert Foundation The Skillman Foundation Sobe Miami LLC Palace Squire, Sanders & Dempsey Stearns Weaver Miller Weissler

Drs Jack & Gloria Tuckfield

Alhadeff & Sitterson

since they established their Fund in 1997, the Tuckfields have sent more than 3,000 South Florida students to business school.

Representative Richard L

Sadly, Jack passed in 2011.

Craig R & Lori Sutherland

Steinberg Campaign TIX

$10,000 - $24,999 The Educational Foundation of America Elleen McCaughan Memorial Scholarship Fund Alan H Fein Florida Marlins Community Foundation Phillip & Judith L George Gibson Foundation

Drs Jack & Gloria S Tuckfield Tuckfield Enterprises University of South Florida Wachovia Corporation Nancy C Wear Williams Group George E Willis Sara H Woodruff Foundation

miamifoundation.org

Greater Miami Jewish Federation Gulliver Schools

$5,000 - $9,999

Udonis Haslem

Tod Aronovitz

Lawrence R Hyer

The ASCAP Foundation

Zydrunas Ilguaskas

Banesco USA

Lebron James Family Foundation

Bank of America

Jorge L & Marile Lopez

Sue A Banks

Ted Lucas

Michael Beasley

Jamal Magloire

The Boston Foundation

Kathy Kramer-Martin

The California Endowment

Commissioner Joe A Martinez

Carlisle Development Group

Campaign

Catholic Community Foundation

The Miami Dolphins

City of Miami

Danne Montague-King

Coral Gables Community Foundation

Alonzo Mourning

J F Davis

Nova Southeastern University

The Denver Foundation

Tom Olafson

Dolphin Stadium Foundation


057 Eddie House

Allstate Giving Campaign

First Florida Building Corporation

Almyer

Firstsource Financial Solutions

John R & Kimberly Anzivino

Ralph & Hannah Flanagan

Arthur J Gallagher & Co

FPL

Aqua Foundation for Women

Seth and Liebe Gadinsky

Aran Correa Guarch & Shapiro

Heather E Garson

Arena Advertising

Giving Back Fund

Aronovitz Law

Michael B & Susan Goldberg

ArtCenter / South Florida

Greater Miami Convention

Mario J Artecona

& Visitors Bureau

Astigarraga Davis

Greenberg Traurig

Anthony D Atwood

Here We Go

Auburn Development

Juwan Howard

Avila Rodriguez Hernandez

Leesfield Family Charitable Foundation

Mena & Ferri

Macy’s Corporate Services

AvMed

Macy’s Florida Stores

The Baker Brook Foundation

Alfredo R Mesa

Baker Concrete Construction

Miami Children’s Hospital Foundation

The Bank of New York Mellon

Miami Shores Mayor’s

The Bank of New York Trust

Community Task Force

Bar 721

The Milk Party LA

Beach Towing

Mike Miller

Steven P Befera

National Basketball Association

Berger Singerman

National Equity Fund

Emily Berlin

Reznick Group

Berman Rennert Vogel & Mandler

Quentin Richardson

Davone A Bess

San Francisco Pride

Bilzin Sumberg Baena Price & Axelrod

Martin E Segal

The Biondo Law Firm

Rose Segal Sobe Lincoln Road Holdings South Florida Stadium Corporation Erik Spoelstra Tate Enterprises Two By Two US Benefits Group Ver Ploeg & Lumpkin

$1,000 - $4,999 215 Group Law Offices of William Aaron Affiliated Healthcare Center Sheldon T & Florence Anderson

Erik Spoelstra donor since 2009

annual report 2009 | 2010

Dorell Wright


058

$1,000 - $4,999 Bioscrip & Subsidiaries

Comcast Financial Agency Corporation

BJ & K Construction

Community Bank of Florida

Law Office of Donna R Blaustein

The Community Foundation

Beth F Bloom

for Greater Atlanta

Bloom, Gettis, Habib & Terrone

Compass Home Health Care

Thomas A Blount

Constructively Speaking

Boies, Schiller & Flexner

Abadin Cook

Ronald Book

Eduardo Cosio

Boucher Brothers Management

Cuban-Hebrew Congregation of Miami

Eric Brakken

Cytosport

Ray E Breslin & Patrick J Pecoraro

Dade County Youth Fair & Exposition

Broad & Cassel

Daequan Cook

Philip Brooker

Steven W & Laurie K Davis

Michael C Broyard

Vivian A Decker

Coffey Burlington

Donald J Deutsch

Business Wire

Deutsch & Blumberg

Camacol Tower

Yakhouba Diawara

Camillus House

Michael Diaz Jr Attorney at Law

Carlton Fields

Duany Plater-Zyberk & Company

Willie Carpenter

Richard M Dunn

Rafael A Carvajal

Dunwody White & Landon

Pilar B Carvajal

The Education Fund

Ramon & Alicia Casas

Law Offices of Elser & Foster-Morales

William Castellano

Emerald Kingdom

James Catania

Esperanto

Nancy B Cebek

Ronald E Esserman

Paul Cejas

Fairchild Tropical Garden

Centerplate

Joseph Falk

Almario V Chalmers

Lee B Farkas

Chaplin Family Foundation

Fast Trans

Chase Marketing Group

Helen H Feinberg

Jerry S Chasen Cherokee Preservation Foundation Citigroup Richard P Cole

miamifoundation.org

Cole, Scott & Kissane

Richard P Cole donor since 1987


059

gifts to Funds 2009 | 2010

The Ferraro Law Firm Fiduciary Trust Company International Filipino American Association of Florida Robert J & Karin K Finlay Robert J Fiore Bruce Fishbein Dianne C Fisher Five Brothers Produce Florida Hispanic Foundation Florida International University Florida Memorial University Foundation Phyllis Foster

Porter Anderson

Frame It Now

donor since 1996

Judge Gill S Freeman Campaign Friends of Miami Dade Public Library

Halifax

Sheldon Fromson

Hall, Lamb & Hall

Russell W Galbut

Halo Lounge

Gamba & Lombana

Michael A Hanzman

Gatehouse Group

Amanda Hauser

Caroline E Gaynor

Hazen & Sawyer

Avi Geiger

Health Foundation South Florida

Gibraltar Private Bank & Trust

Benjamin E Hein

Globetec Construction

Elizabeth M Hernandez

Darren T Gluck

Law Office of Joshua J Hertz

Goldman Sachs

Higer Lichter & Givner

William H Gordon

Hightower & Partners

Kenneth T Gorin

Isaac & Lourdes M Hilliard

Grace Jackson

Historical Association of South Florida

GrayRobinson

Hogan Lovells US

Grossman & Roth

Hogan & Hartson

Stuart Z Grossman

Holland & Knight

John J Grundhauser & Lois Westmantle

Bill Hoppe

Edward G Guedes

Hudson Housing Capital

Tony J Guidry

The Human Rights Alliance

Gulden Private Foundation

Humane Society of Greater Miami

Michael B Guss

Humboldt Area Foundation

The Haggard Law Firm

Hunton & Williams

Hair By Denise

Rodrick L Hurt

annual report 2009 | 2010

Freidin & Dobrinsky


060

$1,000 - $4,999

Law Offices of Richard L Lapidus

Ilias

Michael Larkin

The Imperial Court De San Diego

Leesfield & Partners

Imperial Royal Sovereign Court

Bruce H Lehr

of the Desert Empire

Roland Sanchez-Medina Jr

Richard B Jackson

Marvin & Isabel Leibowitz

Jacobs Center for Neighborhood

Yesenia Leon

Innovation

Levine Kellogg Lehman

Bland Jensen

Schneider & Grossman

Matthew Jewell

John Lowell Jr

Jewish Communal Fund

Lydian Private Bank

James Jones

John Marini

Josephs Jack

Markstein Beverage

Katz, Barron, Squitero, Faust

Markowitz, Davis, Ringel & Trusty

Kaufman Rossin & Co

Martin Hamburger Trust

Imad W Kemp

Marvin & Eleanor Goodman Foundation

Key Biscayne Community Foundation

Donald W & Luanna Marx

Kluger, Kaplan, Silverman,

Bruce C Matheson

Katzen & Levine

Normando Matos

KM/Plaza

Glen Matthews

Charles N & Eleanor Knight Leigh

MayfieldGentry Realty Advisors

Foundation

J N McArthur Foundation

Kozyak Tropin Throckmorton

McGrane, Nosich & Ganz

A Eugene Kubicki

McLuskey & McDonald

Jeffrey Kusch

MCM Engineers & General Contractors

Kutner, Rubinoff & Moss

Eston E Melton

Landmark Development

Daryl Merl

gifts to Funds miamifoundation.org

2009 | 2010

Richard Milstein & Eric Hankin donors since 1998


Robert J Merlin

Pinnacle Housing Group

Lewis J Mertz

The Planned Giving Council

Lewis J Mertz Jr

of Dade County

Miami Art Museum

Podhurst Orseck

Miami Beach Police Athletic League

Eric Poms

Miami Beach Bar Association

Susan Potter Norton

Miami-Dade Clerk

Precision Translating Services

Miami-Dade Gay & Lesbian

Presidente USA

Chamber of Commerce

Stanley B Price

Miami-Dade Justice Association

The Produce Connection

Miami Rescue Mission

Michael J Ramires

Miccosukee Tribe of Indians of Florida

C Carl and Toni Randolph

Marilyn Milian

RBC Bank

Audrey Milk

RBC Capital Markets Corporation

Richard C Milstein & Eric J Hankin

RBC Wealth Management

David B Mishael

Rachel J Reeves

Jovan Mitrovic

Regions Bank

Moore Family Foundation

Regions Morgan Keegan Trust

Manuel R Morales Jr

Barbara J Reisberg

Morgan Keegan & Company

Marlene S Reiss

The Moriah Fund

Reliance Housing Foundation

Morris Family Foundation

Revenue Club

Ruth Mott Foundation

Oscar O Rey

Mounted Memories

Richman Affordable Housing

Babak Movahedi

Richman Greer Professional Association

The Murray Law Firm

V R Robinson

Kenny Nachwalter

Christopher F Roden

Nalith

Law Offices of Victor K. Rones

Needle & Ellenberg

Cal B Rosenbaum

The New Miami Shores Plumbing

William E Rosenberg Foundation

New Moon

Susan and Stanley Rosenblatt

The Northern Trust Company

Family Foundation

Ocean Drive Improvement Association

Mark D Ross

Office Depot Foundation

Lauri Waldman Ross

Ogilvy & Mather

Ross & Girten

Opus Art Studios

Rossman, Baumberger, Reboso,

John Page

Spier & Connolly

Rhus S & Susan L Palumbo

Roth & Scholl

Panter & Panter

Herman J Russomanno

Law Offices of Robert L Parks

Harvey Ruvin

William Partlow

S & L Beans

Performance Food Group

Rajkumar G Sabnani

Perry Ellis International

Donald J Sackrider

annual report 2009 | 2010

061


062

gifts to Funds Joel D Stedman

2009 | 2010

Stonewall Community Foundation Kenneth I Stowe Arch A & Laura J Sturaitis Suite 1300 Services Sandra S Sullivan SunTrust Banks Leslie J Swanson Harcourt M & Virginia W Sylvester Foundation Symphonettes

Brian McDonough, Esq donor since 2004

TD Bank Tere Canida John W & Melinda S Thornton The Thurston Group Wallis H Tinnie

$1,000 - $4,999 Sage Partners Adriana Sanchez Sandra Gulden & Leon J Goldberger Samuel D and Elizabeth A Schulman Kenneth & Valerie Schurr Robert N Scola Jr The Seattle Foundation John S Seligman The Self Family Foundation James J & Miriam Sensale Joseph H Serota Detra P Shaw-Wilder Law Offices Shook, Hardy & Bacon Shook, Hardy & Bacon The Shore Club Shubin & Bass Shutts & Bowen

miamifoundation.org

Francisco & Joanne Silva David S da Silva Cornell Neal R Sonnett Source Events Sparkle Service

Gene S Tinnie Andrew Tobias Steven A Tobin Togmiami Richard Trainor Tropic Supply United Group Underwriters University of Miami Charles D Urstadt US Army Jerry F and Rhonda J Utecht George L & Kathleen C Vergara Voices for Children Foundation Walmart Washington Jal Gary L Wasserman The Raymond John Wean Foundation Robert Wennett White & Case Mitchell E & Alicia R Widom Israel, Rose, Henry & Robert Wiener Charitable Foundation Rosemary B Wilder Richard L Williams


063 The Winston-Salem Foundation

Buckner, Shifrin, Rice & Etter

Rubin & Gladys Wollowick Foundation

Jackie C Butler

Wolpe, Leibowitz, Alvarez & Fernandez

Robert A Butterworth

Women’s Fellowship of Plymouth

California Community Foundation

Congregational Church

Katherine Carmichael

Women’s Fund of Miami-Dade

Maria Carrerou

Luis Wong

Erik G Cavanagh

Jerome A Yavitz Charitable Foundation

Denise A Chamorro

Burton Young

Joann Clark

Estrella Zambrano

Lucille M Clum

Zapata Consulting

Coconut Grove Ministerial Alliance

Alex E Zeledon

Jerald N & Faye E Cohn Pedro A Cofino

Abacus Bookkeeping Solutions Zascha B Abbott Manuel Aguilar Agustin & Rosiel Herran Allegheny Franciscan Ministries Allstar Insurance Agency David Alschuler Altos Del Mar Angel I & Pamela A Alvarez Meagan Amaral Dr Herbert & Marcia D Applebaum Arahull Services Willis Chip Arndt Art By Golden / Golden Galleries Robert L Balsam Barry University Alan H Beck Douglas Bedell Dennis W Bellehumeur Law Offices of Ben-Ezra & Katz Morty & Carole Benowitz Freda Bentz Bercow Radell & Fernandez Berk, Merchant & Sims Roslyn K. Berrin Scott Bessent Lettie J Bien Mayor Matilde Bower Campaign Herman M & Hollis Bruckner Bryant Miller Olive

Community Foundation for Monterey County The Community Foundation of Greater Greensboro Community Planning & Research Cuban American Bar Association Culter Vista Preservation Cutler Hammock Preservation Damian & Valori Daniels & Kashtan DCSS The Robert N DeBenedictis Foundation Andrew Delaplaine Debra Bernhardt Revocable Trust Michael Diaz Jr Robert B & Michelle S Diener Benjamin F Dillingham III Trust Douglas J Dingwall Alan H & Susan B Dombrowsky Dyer-Ives Foundation Arthur J & Deborah England Equinox Executive Printers of Florida Falk, Waas, Hernandez, Cortina, Solomon & Bonner Joseph P Farina Alex V Fernandez Daniel A Finkle Florida Association for Women Lawyers, Miami-Dade Chapter Jorge L Forment

annual report 2009 | 2010

$500 - $999


064

miamifoundation.org

$500 - $999

Infrasource Underground

Roberta J Forrest

Construction Services

David H & Roberta Frank

Virginia Jacko

Anaysa Gallardo

Jacobs Family Foundation

Steven Gretenstein

Jamaica Tourist Board

Gene & Elaine A Glasser

Judson Architecture

GM Enterprises

Joseph & Vera Zilber

Gustavo G & Virigina Godoy

Family Foundation

Robert J & Elaine M Goll

Kamp-Mor

Andrea Gollin

Michael Katz

Michael Gongora

Kiehl’s Since 1851

Grand Victoria Foundation

Mark & Michele A Kreitman

Granda Entertainment

The Kresge Foundation

N Dwayne & M Lynette Gray

Krinzman, Huss & Lubetsky

The Greater Cedar Rapids

Kutak Rock

Community Foundation

Laurence Lassiter

Anne W Green

Le Batard Enterprises

Rhea P Grossman

Bernard Lee

Hagedorn Foundation

Legal Services of Greater Miami

Hainlin Mills Apartment Association

Leomar Miami

Robertson L & Jeannette H Handler

Lee H & Shara Levy

Lilian L Hardy

Jay M Levy

James W & Kathy B Harris

Robert B & Judy W Levy

Council Member Nancy Harter

Liebler, Gonzalez & Portuondo

Campaign

William Looper

Lisa W Healey

Louis D’Amico Online

Healthy Start Coalition of Miami-Dade

John Lowell

Herbert & Janice Spahn

Jefferie S & Carmela Ludwick

Michael Hernandez

A S & Joy S Lundeen

Hickey Law Firm

Lydecker Diaz

Mark A Hoch

J F & Joy V Malakoff

Dennis Holding

Lois A Mamula

Robert Holland

Mark Steinberg & Dennis

Herta D Holly

Edwards Foundation

Homestead III Association

William C & Michelle Marshall

Houck Anderson

Jason Martin

Michael F Huber

Mase & Lara, Eversole

Hughes Hubbard & Reed

Kathy S Maultasch

The Imperial Court of Arizona

Janet McAliley

Imperial Sovereign Court of the

Brian J & Georgia McDonough

State of Montana

MCM - Munilla Family Foundation

The Imperial Sovereign Court

Gary R & Donna McVay

of Spokane

Robert Medina

Incarnate Word Foundation

Mekka Miami Group


065 Meridian Appraisal Group

Mark C & Sheryl Piper

Miami Lighthouse for the Blind

Points of Light Institute

Jorge G Mihaic

Beth R Pollack

Burris & Marilyn Millstone

Fernando Portuondo

Monroe County Board

PR Concepts

of Commissioners

Presbyterian Church USA

Morgan, Lewis & Bockius

Pridelines Youth Services

Peter and Marion Mosheim

Charles A Rawson

Steve Mugar

Nancy E Reed

Robert M & Elaine B Nacron

Related Club West Housing

National Team

Association

Thomas F & Marjie Nealon

Harry Resnick

Neiman Marcus

Reyes, O’Shea & Coloca

David P Newman

John & Lynne Richard

News Cafe

Richard Baron & Associates

Arthur Noriega

Heather Riggs

Obelysk

R J Heisenbottle Architects

On Course Development

Roasters Deli Enterprises

Our Kids of Miami-Dade Monroe

Scott Robins

Joseph L Pallant

Pedro C & Emilia P Roig

Robert E Panoff

Margaret A Rolando

Erin S Parish

The Rosamond Gifford Charitable

Edward D Pascoe

Corporation

P J Patterson

Gary Rosenberg

Kenneth J Payne

Carl Rosendorf

Peter Kiewit Foundation

Judith S Rosenthal

James Pepper

Law Office of Jason A Rosner

Enid C Pinkney

Rosswood Building Trust

Pinnacle Plaza

Stephen Rowell

Lettie Bien

gifts to Funds 2009 | 2010

annual report 2009 | 2010

donor since 1994


066

gifts to Funds

miamifoundation.org

2009 | 2010

$500 - $999

Thomas J Quarles Trust

Oscar L & Deborah Rubio

Parker D Thomson

Ruden, McClosky, Smith,

Angelo P Thrower

Schuster & Russell

John Tiller

Russian Bear Cafe of Lincon Road

Blake H Topal

The Russell Family Foundation

Toyota Motor Sales, USA

Abbie R Salt

Dean J Trantalis

Sam & Lottie Friedland

Ronald Traub

Charitable Foundation

UnderwearStation.com

Richard S Sargeant

Union Bank

Dennis & Debra Scholl

United Jewish Community

Lee B Schrager

of Broward County

Edward P Schuh

Unitarian Universalist Congregation

Elizabeth F Schwartz

of Miami

Paul Schweizer

Urban League of Broward County

Seltzer Management Group

Urban Renewal Greater Enhancement

Penny S Shaffer

Ingrid M Usaga

Sierra Health Foundation

Lorelei J Van Wey

Sandra J Simon

Laura Veitia

Rosalind Smith

Veritext / Florida Reporting

SobeGayInfo.com

Rosetta J Vickers

Eduardo R Soto

W P Productions

South Florida Amateur

Liuda Waingortin

Astronomers Association

Lina Waingortin-Blumberg

Space Coast Credit Union

Josephine Wang

Spris

Weil, Gotshal & Manges Foundation

Anne Stafman

Weiss Serota Helfman Pastoriza

Stuart M Stafman

Cole & Boniske

Maureen Stanton

West Hollywood Pain & Rehabilitation

Starmar Events

Wetherington Klein & Hubbart

State of Florida

Wicker, Smith, O’Hara, McCoy & Ford

State of Georgia

Fanny Wiener

Stewart Tilghman Fox & Bianchi

George D & Olivia Williams

Robert A Stone

Melvin D Williams

Stonewall Pride

Kevin W Wodicka

Joseph Sumberg

The Alfred Wohl Family Foundation

Sunglasses Collection Tropical

YMCA of Greater Miami

Penny Tannenbaum

Zarco, Einhorn, Salkowski & Brito Zubi Advertising Services


067

change the

world today

The easiest way to see how The Miami Foundation can help you give more effectively is to speak to one of our philanthropic advisors about your charitable goals and interests.

Set up an introduction, call us at 305.371.2711 visit us at miamifoundation.org to learn more about

annual report 2009 | 2010

how we can help you change the world


068

Javier Alberto Soto | President and CEO jsoto@miamifoundation.org

meet the When you are looking for information on how you can partner with The Miami Foundation, when you have a question about your Fund or when you want to discuss your charitable legacy, contact

C. Emily Gresham | Vice President for Development egresham@miamifoundation.org When you are looking for an innovative program that is accomplishing great things in our community, when you have a question about one of our initiatives or when you want more information on how to receive a grant, contact

Charisse Grant | Senior Vice President for Programs cgrant@miamifoundation.org

When you are looking for the Foundation’s position on an issue, when you want a representative of the Foundation to speak to your group or when you need a quote or image from the Foundation, contact

Nancy Jones | Vice President for Public Affairs and Communications njones@miamifoundation.org

When you have questions about the Foundation’s investments, when you would like a copy of your Fund statement or when you need information about a grant check, contact

David Ekey | Vice President for Finance | Chief Financial Officer

miamifoundation.org

dekey@miamifoundation.org


069

staff

We are privileged to work in a field where our job is to leave Miami in a better place than we found it. It is a responsibility that we take seriously, one that keeps us driven today and enthusiastic about tomorrow.

Marianne Maduro | Senior Program Officer James Benezra | Senior Accountant Casey Dachs | Accounts Payable Clerk Liz Johnstone | Executive Assistant to the President Pamela Cirimele | Program Assistant Julie Bindbeutel | Development Assistant Jay R Lundy | Public Affairs Associate Janell Benzaquen | Development Officer Betty Alonso | Director of Programs

annual report 2009 | 2010

Maryam L Laguna | Development and Communications Associate


miamifoundation.org

070

2010

financials


071

Operating expenses represent

only 1.6% of total assets Received coveted

Four Star Rating

from Charity Navigator in recognition of our fiscal stewardship Increased assets over ten years by

113% from $70m to $151m Increased grants over five years by

70% from $82m to $139m

ranked in top 3% nationally Added 94 new Funds for a total of 575 Funds

annual report 2009 | 2010

for 10 year investment performance among peers


072

total assets

151million

$

received more than 800 gifts totaling

8.5 million

$

awarded more than 1,000 grants totaling

12 million

miamifoundation.org

$


073

Consolidated Statements of Financial Position as of December 31 | 2010 2010 2009 Assets Cash and Cash Equivalents $ 6,838,552 $ 11,251,072 Receivables 2,697,934 4,062,174 Investments 141,361,672 131,285,650 Equipment __________ __________ 99,758 99,440 Total Assets $ 150,997,916 $ 146,698,336 ___________ ___________ ___________ ___________ Liabilities and Net Assets Grants and Scholarships Payable $ 1,447,729 $ 2,096,862 Accounts Payable 7,271 41,781 Pension Liability 68,865 746,886 Trusts and Annuities Payable 13,562,364 11,179,854 Nonprofit Endowments 3,136,471 2,972,513 __________ __________ Total Liabilities 18,222,700 17,037,896 __________ __________ Unrestricted 127,905,499 123,784,033 Operating 1,406,553 1,674,516 Temporarily Restricted 3,463,164 4,201,891 Total Net Assets 132,775,216 129,660,440 ___________ ___________ Total Liabilities and Net Assets $ 150,997,916 $ 146,698,336 ___________ ___________ ___________ ___________

Statement of Activities as of December 31 | 2010 2010 2009 Revenues and Gains Contributions and Fees Earned $ 10,491,671 $ 19,522,485 Dividends and Interest 2,650,897 2,873,779 Net Gains of Investments 9,024,495 13,211,798 Total Revenues and Gains 22,167,063 35,608,062 __________ __________ Expenses

Pension Related Changes other than net periodic pension cost

734,624

152,333

annual report 2009 | 2010

Grant and Program 17,576,400 19,602,691 Management and General 1,322,308 1,025,082 Development 888,203 725,307 Total Expenses ___________ ___________ 19,786,911 21,353,080

Change in Net Assets 3,114,776 14,102,649 Beginning Net Assets 129,660,440 115,557,791 Ending Net Assets $ 132,775,216 $ 129,660,440 ___________ ___________ ___________ ___________


miamifoundation.org

074


writer/project management | nancy jones art direction & graphic design | cathi bohl | kind design advertising photography | jacqueline carini | howard schulman printing | thompson press | hialeah, fl thanks to | maryam laguna | michelle huttenhoff | tamara pallas and all of the philanthropists, grantees and advisors who shared their stories and posed for our cameras The Miami Foundation is confirmed in compliance for best practices in donor stewardship and financial management as set forth by the Council on Foundations this report is printed on FSC certified paper In an effort of creating a greener community we invite you to subscribe to our electronic communications at miamifoundation.org/paperless


The Miami Foundation 2009-2010 Annual Report  

The Miami Foundation Annual Report

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