Community Foundation for Nantucket 2015 AnnualReport

2015

Annual Report

2015 A celebration of 10 years supporting and enriching the quality of life on Nantucket

Our Mission Our mission is to strengthen Nantucket now and for future generations through informed philanthropy and community leadership.

In pursuit of this mission we act as a:

Steward – by creating and managing funds to ensure a legacy for charitable solutions

Grant Maker – by awarding grants through the Nantucket Fund™ and donor-directed funds that respond to pressing needs Charitable Resource – by maintaining in-depth knowledge of the non-profit sector, and by providing resources for donors, non-profits, and the community

Catalyst – by mobilizing community leadership to affect collaborative solutions for Nantucket’s most critical issues

Ten years ago a small group of special people got together and started the Community Foundation for Nantucket. With the support of a handful of donors, a Community Grants fund was established to support Island nonprofits, which distributed $26,000 in its first grant cycle. Today that fund is The Nantucket Fund™ which, thanks to your support, awarded $140,000 in community grants in 2015.

In our tenth anniversary year we created a new Strategic Plan to help us navigate the next decade. It was determined that the best way forward is to focus our efforts on the Nantucket Fund™, and we have begun the preliminary work to substantially grow this Fund with the support of several major donors.

Together with Island thought leaders, we continue to focus on the core issues Nantucket faces – affordable housing, mental health and substance abuse, childhood development and access to childcare, affordable yearround transportation, embracing our community’s diversity, and elder care and support. Many thanks to our community roundtable participants who helped us keep a spotlight on Island challenges. We also thank our local nonprofit leadership for their participation in many Community Foundation sponsored initiatives, including programs that foster best practices and collaboration among our important Island organizations.

The added value a Community Foundation brings is undeniable. In 2015, the Foundation awarded grants totaling $850,000 to Nantucket charities for specific initiatives that are important to sustaining our vibrant community.

We thank you for helping us improve the quality of life here on Nantucket.

With our gratitude,

Victoria McManus Margaretta Andrews President Executive Director

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Celebrating 10 Years a retrospective

We have certainly grown since 2006!

Dec 31

Dec 31

2006

2015

Total Assets

$76,245

$3,912,074

Total Grants

$40,726

$841,684

# of Funds Under Management

6

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Nantucket Bike Rack Project Fund Teckie and Don Shackelford spearheaded an effort to purchase new bike racks for our Public Schools in 2011. They pooled donations into a project fund, in hopes the new racks would encourage more students riding their bikes to school.

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Duxtucket Paddle Babes Giving Circle In 2014, a group of avid platform tennis players from Duxbury and Nantucket raised the funds for a grant to Dana-Farber Cancer Institute Neuroblastoma Research Program after a successful Platform Tennis weekend in Nantucket in honor of the niece of a long-time participant.

Nantucket Wheelers Partner Fund “Setting up our fund with the Community Foundation for Nantucket gave us the extraordinary opportunity to devote our time and energy solely to fundraising and implementation, rather than on board meetings, paperwork, and filings with the state, while still allowing our sponsors and donors to make a tax free contribution.�

- Darcy Creech, the inspiration behind this program created in 2013.

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Operations 2015 Contributors $10,000+ The Gordon and Llura Gund Foundation

Susan and Karl Ottison Penrose Family Foundation Fund

Ellen and Christopher Hoeffel Mr. and Mrs. Tom McCasland, III Victoria McManus and John McDermott Nantucket Bank a division of Blue Hills Bank *

Helen and Charles Schwab Mrs. W. Laird Stabler Jr. The Peter and Elizabeth C. Tower Foundation

$5,000 to $9,999

Ms. Mary H. Fontaine

Mr. and Mrs. James S. Bennett

Hale Family Foundation, Inc.

The William H. Frist, M.D. Fund

Tucker and Michelle Holland

Karp Family Foundation The Lindsay Foundation Britt and Diane Newhouse Charitable Fund Mr. and Mrs. Robert Tichio Elizabeth Thayer and E. Geoffrey Verney Foundation

Mrs. Lucile Hays Iacocca Family Foundation The Judy Family Foundation Ms. Marsha Kotalac Richard and Nancy Lubin Zeldy Lyman and Duncan White Mr. and Mrs. Thomas O. Maggs

G J Smith Donor Advised Fund Spivy Family Philanthropy Fund Mr. and Mrs. Phil Stambaugh Bernadine L. Stebbins Mr. and Mrs. Louis Susman Ms. Pamela Thomas Jay and Clare Walker Ron and Ellen Winters

$500 to $999

Mr. and Mrs. William McNabb

Mr. and Mrs. C. Marshall Beale

Tina and Tim Moore

Bill Belichick

$1,000 to $4,999

Nantucket Historical Association °

Mr. and Mrs. Samuel Bailey, Jr.

Mr. and Mrs. Daniel Blumenthal

Nantucket Atheneum °

Mrs. Robert H. Bolling

Franci Neely Foundation

Mr. and Mrs. Bernard Coffin

Richard and Jane Oman

Heidi Cox

Mr. and Mrs. Nathaniel Philbrick

Barbara Fife

Phillips Family Foundation/ Wayne and Elizabeth Davies

Cassandra H. Henderson

Mr. and Mrs. F. Helmut Weymar

Mr. Curtis L. Barnes Mr. W. Geoffrey Beattie Lisa Botticelli and Ray Pohl Will Brown Fund The Cape Cod Five Charitable Foundation Trust Ms. Darcy Creech Stephen A. Davis Fund Mr. and Mrs. Robert Egan Marianne and Bob Felch

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Hatch’s Package Store

Bill Porter and Peggy Davis

The Islander, Inc.

Schwab Charitable Matching Fund

Polly and Nick Miller

Donald B. Shackleford Advised Fund Joseph and Deidre Smialowski

Nantucket Conservation Foundation ° Ms. Magdalena Padzik Warren and Susan Stern Family Fund

up to $500

Ms. Margaret Gilfoy

Mr. and Ms. Robert Schwed

Anonymous Donor

Lisa Grace

Thekla Shackelford

Aetna Foundation, Inc.

Joe and Maria Grause

Don and Mary Shockey

Mr. and Mrs. Nathan Allen

Mr. Robert and Dr. Valerie Hall

Mr. and Mrs. Van Smith

Amazon Smile Foundation Merrick and Beatrice Andlinger

Mr. Khaled Hashem Mary Heller

Michael S. Bachman and Ellen B. Ryder

Mr. and Mrs. Richard Herman

Mr. and Mrs. William G. Beattie

Mr. and Mrs. Eric Holch

Ms. Penny F. Snow Mr. and Mrs. L. Phillip Snyder Frank and Bette Spriggs St. Pauls Church in Nantucket Ramsay and Holly Stabler

Mr. and Mrs. John Belash

Donald W. Holdgate and Sandra Holdgate Lundin

Jeanne and John Bennett

Jan Jaeger

Rebecca and Ted Bent

Diane Karper

The Rev. C. William and Linda Steelman

The Brandt Foundation

Susan F. R. Kenny

Ann and Bob Stock

Elizabeth B. Braun

Anne M. Lanman

Ted and Sandy Taylor

Frances Brownell

Lenzner Family Foundation

Phyllis Burchell

Pam Lohmann

Carolyn Thayer Interiors, Inc.

Jennifer and Jim Calhoun

Mr. and Mrs. Ian MacKenzie

Martha Carr

Ms. Joan H. Manley

Janis Carreiro

Ms. Christine Matthews

Patricia Casale and Gary Gut

Ms. Annette McGrath

Tim Cashman

Jeanne and Bruce Miller

Howard Chadwick

Nantucket License Plate Fund

Cindy and Tyler Chase Mr. and Mrs. David Deutsch William Duane Charities Account

Nantucket Country, LLC Karen Lamb Nassif Deborah Nicholson

Mr. and Mrs. John C. Stahler

George and Ann Thom Mr. and Mrs. John E. Tiffany Pam and Will Waller Charles and Nancy Walters Tom and Emma Ward Catherine S. Ward LaRoy and Stephanie Warner Dr. and Mrs. Francis Weld Richard and Betsy Werdiger

Sheila and Matt Fee

Jim and Suzanne Nicholson

Mr. and Mrs. Joseph S. Freeman

Jenny and Stephen Paradis

Mr. and Mrs. Robert Westbrook

Mrs. Priscilla L. Reis

Ms. Sherrill Wilson-Liljegren

Elizabeth Gallant

Suzanne and J. B. Rorick

Mr. and Mrs. Robert Gardner

Mr. and Mrs. Peter F. Ryan

David Worth and Leslie Forbes

Mr. and Mrs. Whitney Gifford

Mr. Van Schreiber

Robert Young

° nonprofit contributions to the 2015 State of the Sector Initiative

fun fact

* Gift-in-kind

Giving is Good for Your Health.

The Americans’ Changing Lives study is the oldest, ongoing national study of social, psychological and behavioral factors in health. Researchers from the National Institute of Aging started with a representative cross-section of the U.S. population in 1986 and have followed those survivors for the past 25 years. ACL is the first—but certainly not the only—study to determine that volunteerism and giving is good for your physical and mental health. Making charitable donations triggers the brain’s reward center, the same way food and sex do; researchers call it a “helper’s high.”

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How We're Making a Difference with grants

Community Education The Alliance for Substance Use Prevention used a Nantucket Fund™ grant to hire a speaker from an organization called Operation Parent to give two presentations to parents, caregivers and community members, on the issues of Social Media and Facts about Drugs and Alcohol.

“The Community Foundation for Nantucket is a valuable asset to our community at large as it provides funding for many important initiatives that otherwise would not come to fruition.”

- Holly McGowan, President of A.S.A.P.

Emergency Pet Services for Families in Need The Nantucket Fund™ supported the Lucky Whiskers and Wags Program at Nantucket Safe Harbor for Animals, offering financial aid to people with an acutely ill or injured pet.

“The Community Foundation for Nantucket promotes community by helping Nantucketers support local causes: CFN helps Nantucketers help Nantucketers!”

- Pam Murphy, NSHA

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Each year our Nantucket Fund™ grant recipients report back on how our support enables them to better fulfill their missions.

Some significant community initiatives are featured below.

Increased Local Oncology Services The Nantucket Fund™ helped Swim Across America ensure that all net proceeds of the annual Nantucket Swim go towards cancer treatment and patient care on Nantucket.

“The Community Foundation for Nantucket helps all Nantucketers – those in need and those like us that want to help other islanders; by helping us to ‘connect the dots’ and have the most positive impact we can on our community.”

- Jenny Paradis, Swim Across America Nantucket

Sensory Art for S.T.A.R. The Nantucket Fund™ supported Nantucket Sports and Therapeutic/Accessible Recreation in 2015 specifically to underwrite a Sensory Art class in collaboration with the Nantucket Artists Association. Gabriella Psaradelis, frequent participant in Nantucket STAR programs, showed off her completed work at our annual Grants Recipients Breakfast.

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The Nantucket Fund™ 2015 Contributors $10,000+

Victoria McManus and John McDermott

Mr. Max N. Berry and Ms. Pamela Thomas

Nantucket License Plate Fund

Diamond Family Foundation

Nantucket Magazine *

The William H. Frist, M.D. Fund

Penrose Family Foundation Fund

Mr. and Mrs. Michael Galvin

Siasconset Union Chapel

Mr. and Mrs. Charles Geschke

Mr. and Mrs. Robert Tichio

Barbara and Amos Hostetter

The Gilbert Verney Foundation

Mr. and Mrs. John Loose

Kelly Williams and Andrew Forsyth

$1,000 to $9,999

Jockey Hollow Foundation

The Sondik Foundation, Inc.

Mr. and Mrs. Samuel Bailey, Jr.

Mr. and Mrs. John F. Lochtefeld

Mr. Alexander Trebby

Ms. Deborah J. Bryan and Mr. Norman Silberdic Ms. Mary S. Cross †

Zeldy Lyman and Duncan White

First Congregational Church Lauire Gilmour Mr. and Mrs. Ryan Gunnigle Mary and Robert Haft Mr. Roger Horchow

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Mr. and Mrs. William McNabb

Liz Ziebarth and Justin Kelley

$500 to $999 Atlantic East Real Estate

Mr. Jason Michel

Lisa Botticelli and Ray Pohl

Adrienne and Jeffrey Owen

Deborah Merrick Brisbane

Jeffrey and Valerie Paley

Cross Rip Outfitters *

Mr. Gerald Schwartz

East Wood Trading Company

Rev. Georgia Ann Snell

Mr. and Mrs. William Farrell

Mr. and Mrs. Phil Condon

Franci Neely

Marianne and Bob Felch

Mr. and Mrs. Gary Cosay

Hatch's Package Store *

Patricia Curran

New Hampshire Community Loan Fund

Tucker and Michelle Holland

Daniel W. Drake *

Annabelle Hooper, LLC

Heidi Drew

The Islander, Inc.

Thomas Duchesneau and Caroline Dane

Mr. and Mrs. John Keeshan

Jeffrey and Sarah Newton Robert A. Olson P & M Reis Trucking * Arleen Paquette

Tharon and Lee Dunn

Margaret C. Pignato

Michael Farello

Lauri and Brian Posner

Sheila and Matt Fee

Mary Reichl

George and Ann Thom

Doris Glazer

Vineyard Vines *

Carol Haddad

Harry and Therese Robishaw

up to $500

Margot G. Hartmann

Miacomet Golf Club * Mr. and Mrs. Myles M. Reis, Jr.

Anonymous Donor Airport Gas Nantucket *

Hatch's Package Store Mr. and Mrs. Mason Heydt G. S. Hill Gallery

Mr. and Mrs. Ferdinand Schmitz IV A and A Spears Fund Frank and Bette Spriggs

Linda and John Johnson

Phillip F. and Beverly T. Stambaugh Fund

Ms. Julianne Kever

Standard and Poor's

Sherri C. Kielland Anne M. Lanman

Mr. and Mrs. J. Barry Thurston

Mr. and Mrs. William Lothian

Holly and Stephen Visco

Phyllis Burchell

Deron Lovepond

Mr. and Mrs. R. C. Butler

Cyndi Maggio

Linden and Madeleine White Fund

Kathleen and George Butterworth

Marine Home Center *

Cape Cod Five Cents Savings Bank

Barbara and Harry Mintz

Archer Martin Associates Ayco Charitable Foundation Beds & Borders * Debby Belichick Betty Browning and Jeffrey S. Allen

Janis E. Carreiro Howard Chadwick

John and Jane Miller Mr. David Montanile

Duncan and Mary Will Carolyn and John Wright Mimi Young Ryder Ziebarth

Catherine Mullin

† Deceased * Gift-in-kind

Margaret “Peggy” Nash Gifford August 3, 1930 – December 25, 2015 Peggy Gifford was one of the original founders of the Community Foundation and its first President of the Board of Trustees. Peggy lived a full life devoted to helping others and improving the lives of the people in communities where she lived. She always wanted to know what she could do to help. She will be remembered for her boundless energy, her inability to say "no" to a request, her love of her family, her pride in her grandchildren and her smile.

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How We're Making a Difference with funds

Nepalese Disaster Relief “After the Community Foundation sponsored the NHA’s Celebration of Nepal, we turned to them once again to help with the fundraising efforts of those trying to help the more than 8 million people of Nepal affected by the devastating earthquake in June,” says Marjan Shirzad, Director of Visitor Experience at the NHA. The Foundation immediately established a charitable fund to hold the hundreds of donations made in support of this effort, and then issued grants totaling $20,000 to the Red Cross and Doctors Without Borders for their efforts in Nepal.

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The Community Foundation holds many funds created by Nantucketers who want to partner with us to support a community initiative or address a specific need. A few examples of how these funds helped in 2015 are below.

Culinary Kids Congratulations to the Culinary Arts Team at the Nantucket High School for winning the ProStart Invitational Competition on March 3, 2015 hosted at the Hill View Country Club in North Reading, Massachusetts. The Community Foundation for Nantucket is honored to hold two funds to support this program, and thrilled to see such great success come from it.

Support for Youth Services In 2015, the Nantucket License Plate committee pre-sold 1500 Nantucket-unique license plates, the proceeds of which benefit our Island children. In 2015, the Nantucket License Plate Fund awarded grants of over $43,000 to 18 partners working with Nantucket children, including $10,500 to the Nantucket Fund™ designated for children’s services.

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Funds Under Management The generous community-minded individuals, families and organizations listed below have partnered with the Community Foundation to achieve their charitable goals by establishing Named Funds.

Donor Advised Funds Donor Advised Funds allow the donor to make recommendations for grants.

Robert and Marsha Egan Family Fund (2012) Schulte Advisory Fund (2013)

Organizational Funds

Simple Gifts Fund (2014)

Organizational Funds are established by nonprofit organizations for their benefit.

Stephen A. Davis Fund (2010)

Mentoring Youth Nantucket Fund (2013)

Varbalow Family Donor Advised Fund (2014)

Nantucket S.T.A.R. Organizational Fund (2013)

Dean Hutton Fund (2013)

Wade Greene Donor Advised Fund (2015)

Nantucket Safe Harbor for Animals Fund (2013)

Debbie Roberts Memorial Fund (2014)

Whitcomb Family Advised Fund (2013)

Theatre Workshop of Nantucket Fund (2015)

Donald B. Shackelford Advised Fund (2006)

Will Brown Fund (2012)

2 Macs 1 Bloom Family Fund (2013) Al and Mary Novissimo Giving Fund (2013) Burnt Swamp Forever Fund (2013)

Dragonfly Donor Advised Fund (2011) Drial Donor Advised Fund (2010) The William H. Frist, M.D. Fund (2006) G J Smith Donor Advised Fund (2014) Gordon and Llura Gund Endowed Donor Advised Fund (2006)

Shackelford Family Advised Fund (2006)

Designated Funds

Field of Interest Project Funds

The Foundation administers Designated Funds that benefit a specific charitable organization(s).

The Foundation has the ability to establish a special project Field of Interest Fund as a service to the community.

Edith Andrews Fund for Natural History and Ecology (2015)

Almanac Arts Colony Fund (2014)

Gary M. DaSilva Memorial Fund (2009)

Hale Family Donor Advised Fund (2010)

Germain D. and Patricia L. Newton Fund (2013)

Hanabea Fund (2013)

Jane Bonvini Memorial Fund (2014)

Linden and Madeleine White Fund (2013) Moose Moss Donor Advised Fund (2015)

Nantucket Nepalese Relief Fund (2015)

Penrose Family Foundation Fund (2013)

Robert and Eleanor Jones Fund for Adult Literacy (2012)

Philbrick Family Fund (2013)

SSC Pastoral Housing Fund (2010)

Phillip F. and Beverly T. Stambaugh Fund (2009)

Tower Preservation and Building Fund (2015)

Rachel Hobart and Edward Toole Family Fund (2015)

Tulgey Wood Fund (2015)

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William A. Hokkanen Endowment Fund (2013)

Born to be Wild Oysters Fund (2014) Clarissa Porter Memorial Fund (2012) Nantucket Christmas Pageant Fund (2013) Nantucket Community Food Co-op Fund (2013) Nantucket Culinary Arts Designated Fund (2014) Nantucket Pocket Park Series Fund (2014) Nantucket Pond Coalition Fund (2014) Nantucket Wheelers Fund (2013) Odyssey of the Mind Nantucket Fund (2014)

Ozone Surf Classic Fund (2013) Sconset Playground and Park Fund (2013)

Field of Interest Partner Funds When the Trustees believe there is a long term need to maintain a fund with a specific purpose or category of interest and there is a group in the local community that will maintain a leadership role, they will designate the fund a “Foundation Partner� fund.

Nantucket Golf Foundation Tuition Assistance Fund (2010)

Jeanette T. Garneau Memorial Scholarship Fund (2013)

Nantucket Holidays for Heroes Fund (2013)

June Bartlett Scholarship Fund (2011)

Nantucket License Plate Fund (2014)

Magical Chicken Scholarship Fund (2011)

Nantucket Town Association Reserve Fund (2009)

Meredith Arts Scholarship Fund (2013)

One Book One Island Fund (2013)

Nantucket Culinary Arts Scholarship Fund (2013)

Sconset Civic Association Fund (2015)

Pat Martin Scholarship Fund (2010)

TNP Scholars Academy Fund (2012)

Robert and Alda Barrett Memorial Scholarship Fund (2013)

Scholarship Funds

Duxtucket Paddle Babes Giving Circle (2013)

The Foundation administers 13 scholarship programs, all of which are designated for residents of Nantucket.

Friends of Our Island Home Fund (2013)

Edith Andrews Ornithology Scholarship (2015)

Gray Seal Research Fund (2012)

Gary and Glenn DaSilva Scholarship Fund (2014)

Gutsy Givers Fund (2011)

Geronimo's Scholarship Fund (2012)

Behavioral Health Task Force Fund (2015)

Ladies' Stroll Fund (2014) Madaket Conservation Association Project Fund (2011)

Jack Pignato Memorial Scholarship Fund (2014)

Sun Catcher Scholarship Fund (2015) William H. Brown Scholarship Fund (2012)

Endowment and Grant Making Funds Community Foundation Endowment Fund (2006) Peggy Gifford Endowed Fund (2012) Nantucket FundTM (2006)

Individual Donors to Funds Under Management 2015 Contributors Anonymous Donor (6) ACK Eye Aecom Technology Corporation Matching Gifts

Peter and Nancy Allatt Family Foundation David and Lauren Ambler Anderson Publishing, Inc.

Dixie Arthur Maxine K. Armstrong Mr. Keith J. Arsenault

Randolph S. Affeldt

Maggie Mae Anderson

Artists Association of Nantucket

Dr. Cary and Barbara Akins

Margaretta S. Andrews

Atlantic Landscaping, Inc.

The Albert G Brock Co., Inc.

Ms. Virginia Andrews

Atlantic Foundation

Mr. Stephen Albright

Annye's Whole Foods

James A. Attwood

Sarah Alger and Bruce Malenfant

Scott Antoine

Aunt Leah's Fudge

Albert Antonez

B. E. Byrne, Inc.

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Mr. and Mrs. J. Backus

Jan Campbell

Moses L. Easley III

Harold Bailey

The Cape Cod Five Charitable Foundation

Robert and Marsha Egan

Judith Baltimore Mr. and Mrs. Philip Bartlett Mr. Charles E. Batchelder Mr. and Mrs. Richard Bauer Kate Bayer Susan D. Beamish Wendy Beardsley

Maria E. Carey Kara L. Carlson Mo and Nick Chantakhoun Ara Charder Chartwell Hotels, LLCV David and Kathy Cheek August Chotkowski

Sheila Egan Egan Maritime Institute Christine and Manjur Elahi Caroline and Douglass Ellis Mr. Robert A. Emack Ms. Connie Enniss Ms. Ana Castillo Ericksen

Cisco Brewers, Inc.

Ashley Evans and Michael Graglia

Cisco Secret Circle

Susan Ewing

Clean Lines, Inc.

Janet Eyre

Mr. and Mrs. John Belash

Dauna R. Coffin

Richard and Kelly Facteau

Susan Null Berman

Judy Collatz

Howard and Virginia Faria

Ms. Marianne Birtwell

Cynthia Collins

Russell Farscht

Mr. and Mrs. William W. Bishop

Anne Marie Collins

Bernadette Feeney

Company of the Cauldron

Marianne and Bob Felch

Christine M. Cooney

Ms. Susan L. Fernald

Donna K. Cooper

Fidelity Brokerage Services, LLC

Jane Beasley Douglas and Karen Beattie Mr. and Mrs. Richard Beckwith

Annie Bissinger and Mark Poor Lesley F. Blanchard Joshua C. Block Blue Hills Bank Blue Hills Bank Charitable Foundation Megan E. Boyes Mr. Richard P. Brannigan Jayne and James Briard Mrs. Gilles Bridier Frances P. Brownell Betty Browning and Jeffrey S. Allen Paul C. Bruning Ms. Diane L. Buechel Alan and Gillian Butchman

Alyssa and Shane Corry Karen and James Coyne Dr. and Mrs. John E. Craighead

Jascin Finger First Congregational Church

Darcy Creech

Anne and Lucas Fischer

Mrs. Carol March Emerson Cross

Sandra and Gerard Flavin

Susan D. Cutshaw

Alison K. Forsgren

Ms. Tracy Ann Daily

Robert Franklin and Charles Mappin

Edward Daisey and Virginia Hill

Crowell Freeman and Kathy Stevens

Mr. Kevin Dale

Mr. and Mrs. Stuart Freilich

Mr. John L. Daniels

Matthew Fremont-Smith

Jose M. Diaz Pino

Friends of the Nantucket Field Station

Lillian H. Butler

William Doerler and Pat Schanck-Doerler

Karla Butler

Stephen H. Drabkin

Mark and Lynda Cutone

Paula Driscoll

Jennifer L. Butson

Erica Dean Duddy

Michael Cain Family

Jocelyn Duffy

James Calhoun

Yvonne DuMont Stelle

Gretchen and David Callahan

Tharon and Lee Dunn

Ms. Susan Callan

Carolyn Durand & Ben Champoux

Annye Camara

Zachary S. Dusseau

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Thomas Finger

Senator Bill and Tracy Frist Mayo and Nancy Funderburg Stacey Fusaro Mr. John J. Galiher Edwin and Roberta Galkin Mr. John A. Gallagher Bill & Melinda Gates Foundation Matching Gifts Program Paul M. Gaucher

Norman Gauvin

Mr. Robert C. Hicks, Jr.

Mr. Chris Kling

Leslie and Mitchell Geller

G. S. Hill Gallery

Barbara E. Kotalac

Russell and Joyce Gertmenian

Mr. and Mrs. Eugene Hilzenrath

Marsha Kotalac

Chris Gibson

Ms. Rachel Hobart and Mr. Edward S. Toole

Thomas H. C. Giffin Mr. James E. Gillum, Jr. Mollie Glazer Kate Glidden Richard Glidden Steve & Peggi Godwin Elisabeth S. Golden Goldman, Sachs & Co Bee Gonnella The Gontero Family Ms. Lisa Grace Mr. John Grangrade, Jr. Louis Greco and Mary McCartney Richard Green and Carol Chaves Ms. Toby A. Greenberg Wade Greene/NEO Philanthropy Greenwich Academy Tamara T. Grenier Ms. Hannah J. Gretz Julia Guggenheimer Gutsy Givers Fund Cynthia Cockerill Hagedorn Hajim Family Fund Patricia Haley Mr. Thomas Halford Robert and Valerie Hall Karen and Peter Hanson Donald and Joanne Hart Margot Hartmann MD Margot G. Hartmann Shelley Hartz Mrs. Lucile Hays Patrick and Lucy Hehir Hehir Group Custom Builders, Inc. Nina and Robert Hellman Eleni Henkel

Sam and Debra Hokkanen William A. Hokkanen Thomas H. Holden Hooked on Wood, Inc. Louise Hourihan Mr. Neil Hrdlick Scott Hughes Humphrey Construction Inquirer and Mirror The Islander, Inc. Island Gas, Inc. J Pepper Frazier, Co., Inc.

Mr. Peter F. Krogh Mr. and Mrs. William Kupper, Jr. Larsen Fund Robert H. Laundry Mr. and Mrs. Bruce D. Lawler John and Virginia Laytham Margaret Layton Kathleen H. Legg Diane Towle Lehman Michele LeMaitre Tina Lepera-Fournier Mr. and Mrs. Peter Lewis Muffy and Tom Lewis

Sandra L. Jackson

Linda Lipp and Samantha Lipp

Ann Jackson

Nina Locario

Wendy Jannelle

Pam and Chris* Lohmann

JC Murray Construction

Dr. and Mrs. Kevin Loughlin

Barbara Jenkins

Patricia and James Lowe

Cecil and Paul Jensen

Suzanne Maguire Lyons

Jockey Hollow Foundation

Mr. and Mrs. Peter Mackay

Brenda B. Johnson

Richard and Mary Mack

Linda and John Johnson

Carol and Jim MacMath

Jill Johnson

Eleanor E. MacVicar

Judith Cary Jones

Terrell and Sally Macy

Lucille A. Jordan

Madaket Conservation Assocation Project Fund

The Judy Family Foundation The Juice Bar Thea and Peter Kaiser Lynne Kalman Karp Family Foundation Mrs. Diane Karper Ms. Fran Karttunen Kathleen Hay Designs Fredie Kay Suzanne Keller Lydia and Mark Kennelley Family Fund Dr. John R. Kern Ms. Julianne Kever Sherri C. Kielland

Madaket Marine Ralph M. and Lucille Maguire Maisto/Kauchick Family Majic Family Foundation Dana Mallozzi Robin McElroy Maloney Manning Roofing, Inc. Mr. Philip Marks, Jr. Joseph Mastroianni Christine Matthews Maury People Sotheby's International Realty Patrick McCarter Susan McFarland

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Scott David McIver

Nantucket Triathlon, LLC

Ofer and Shelly Nemirovsky

Nell Van Vorst Tile & Porcelain

Elizabeth A. Milias Chandra K. Miller Jeanne Miller John and Jane Miller Robert and Carol Miller Susanne J. Miller Barbara and Harry Mintz Mitchells Book Corner Mr. Charles Mohr Susan Moore Joan and Tim Moran Mr. Robert Morgenstern Peter A. Morrison Mullen Family Foundation, Inc. Mr. T. Clark Munnell, Jr. Pam Murphy Museum of African American History Nantucket Athenuem Nantucket Bike Shop Nantucket Boating Club Nantucket Charitable Riders Association Nantucket Clambake Company Nantucket Community School Nantucket Conservation Foundation

Chip and Anne Newton Mr. and Mrs. Germain D. Newton The Nicholson Foundation Robert and Kathryn Norton Al and Mary Novissimo Caren Oberg-Gomes Stephen and Susan O'Brien Courtney A. O'Neill Kate O'Riordan John and Suzanne O'Toole Susan and Karl Ottison Stephanie and Paul Palenski James J. and Kimberly Pallotta

Ellen and David Ross Karen Free Royce Mr. and Mrs. Harold Rubin Margaret Ruley Emily Russell Betsy Ryan Mr. Donald Ryder Salty, LLC

Linda Schader

Cheryl Perelman

Katrina M. Schoorl

Anne M. Perkins

Schwab Charitable Fund Matching Gifts

The Peter and Elizabeth C. Tower Foundation Mary Ellen Peters Lynn Petrasch Mr. and Mrs. Nathaniel Philbrick Pi Pizzeria

Martha Polachi Robert J. Pollack Elizabeth A. Polster Lauri and Brian Posner Kathleen N. Psaradelis

Nantucket Maria Mitchell Association

Diana R. Regan

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Jennie Ripps

Mr. and Mrs. Paul Schaeffer

Karen L. Quigley

Nantucket Public Schools

Jeanne W. Riggs

Mr. John B. Penrose

Nantucket Lightship Basket Museum

Nantucket Preservation Trust

Susan and Robert Ried

Sankaty Head Golf and Beach Club, Inc.

Mr. and Mrs. Michael Peacock

Kathryn Pochman

Nantucket Pharmacy

Richmond Great Point Development, LLC

Diane V. Samuels

Nantucket Dreamland Foundation

Nantucket Lighthouse School, Inc.

Gabriel Rich

Elizabeth M. Pascarelli

William Pickle

Nantucket Golf Management

Robert and Penelope Rezendes

Arlene and Ed Paquette

Nantucket Diva, LLC

Nantucket Golf Club Foundation, Inc.

Renee and Jeff Harbers Family Foundation

Mr. and Mrs. Philip W. Read Julie Reinemo Priscilla L. Reis Roberta Reis ReMain Nantucket, LLC

Laurie Melchior Scott Donor Advised Fund Senator Investment Group LP Laura Shact and Priya Premkumar Nancy M. Sheehy Hannah Shipley Siasconset Civic Association Siasconset Union Chapel Lesley and Philip Silberstein Simple Gifts Fund Pauline A. Singleton Theran A. Singleton Phyllis Slattery Susan Smichenko Derek Smith Mr. Geoffrey Smith Rev. Georgia Ann Snell Penny F. Snow Mr. Mark Songer

Mr. and Mrs. Charles Soule

Ms. Jaqueline R. Tullo

Mr. Clark Whitcomb

Robert and Denise Spellmeyer

Tupancy Harris Foundation

Claire White

Ms. Sally J. Ure

Mr. Duncan White

Mr. and Mrs. Michael D. Varbalow

Susan M. Widger

Mary Beth Splaine Robert Stebbins Joan Stockman Mr. and Mrs. Peter Stokes Stony Brook Group Charles and Barbara Stott Stacey Stuart and Peter Greenhalgh Surfing Hydrangea Nursery, Inc.

Vaughan, Dale, Hunter and Beaudette, P.C. James and Elinor Vaughter Verde Visco Pumping, Inc. Holly and Stephen Visco Natassia Vysotskaya

Anne Sweidel

The Wade Cottages and the Greene Family

Tina Tait

Mr. Kyle A. Wallingford

Vicki and Harold Tananbaum

Laura Wasserman

Sandy and Ted Taylor

Kathy Wattles

Jonathan Thayer

Mr. and Mrs. Alexander Webb III

Theatre Workshop of Nantucket

Thomas A. Weinstock

Shirley Thompson

Jay and Diane Weiss

Garrett Thornburg and Catherine Oppenheimer

Dr. and Mrs. Francis Weld

Brittany Thurman Susan W. Thurston

Mr. and Mrs. Finn Wentworth Ann Wessing and Jamil Ghani

Town of Nantucket

Mr. and Mrs. F. Helmut Weymar

Phoebe and Bobby Tudor

Ellen Whippen

James Wiemann Duncan and Mary Will The William Froelich Foundation Buzz Williams Cary M. Williams Mary Williams Susan Bennett Witte Mr. Michael T. Witte David Worth and Leslie Forbes Mr. Marc Yacone Harvey and Ellen Young Robert Young Young's Bicycle Shop Aurora Zimicki Carol Zimicki Z. Zimicki Leedara Zola Linda Zola

Memorial and Tribute Gifts 2015 Contributors Memorial Gifts Memorial gifts include donations made in memory of members of the Nantucket community.

James A. Attwood Susan Null Berman Bill & Melinda Gates Foundation Matching Gifts Program Lesley F. Blanchard The Cain Family

Elizabeth Douthart

David and Katherine Cheek

Susan and Karl Ottison

Caroline and Douglass Ellis

John and Mary Lou Evans Maxine K. Armstrong

Ashley Evans and Michael Graglia

Dixie Authur

Russell Farscht

Russell and Joyce Germenian Greenwich Academy Julia Guggenheimer Elani Henkel Scott H. Hughes Patrick McCarter Robert and Susan Reid Jennis Ripps Karen Free Royce Laura Shact Vicki Tananbaum

18

Ann Wessing and Jamil Ghani Duncan and Mary Will

Donna Forsgren Atlantic East Nantucket Real Estate

Tribute Gifts Tribute gifts include donations made in honor of and in celebration of people and special events.

Mo and Nick Chantakhoun Mary Clark Heidi Drew Mr. Thomas Duchesneau and Ms. Caroline Dane Doris Glazer Catherine Mullin Anne O'Kelly Carolyn Wright

Robin Harvey Susan and Karl Ottison

Megan Shortall Kenny Greg and Judi Hill

Bam LaFarge Thekla Shackelford

Nan C. Marshall Jane Beasley

Dr. Mohan and Sheila Advani Susan and Karl Ottison

Bamber Family Carol Haddad

Max Berry and Pam Thomas Susan and Karl Ottison

Bulmer/Kelleher Wedding William Doerler and Pat Schanck-Doerler

David and Grace Geason Susan and Karl Ottison

Peggy Gifford Suzanne G. Rorick

Walter Glowacki's 80th Birthday

Rick and Janet Sherlund Susan and Karl Ottison

Susan Florence Smith Jeffrey Newton

Phil Stambaugh Cape Cod Five Charitable Foundation

Amy Stangler LeRoy and Stephanie Warner

Wendy Valliere Maggie Mae Anderson

Legacy Society The Community Foundation recognizes and thanks friends listed below who have arranged a bequest or made a planned gift to the Foundation.

Nancy Chase Marsha Egan

Susan and Karl Ottison

William Hokkanen

Khaled Hashem and Nantucket Island Resorts

Zeldy Lyman and Duncan White

Leslie Silberstein

Victoria McManus

Lucile Hays

Chris and Linda Meredith

Susan and Karl Ottison

Richard H. and Jane Oman

Fredie Kay

Thea Kaizer

John Penrose

Edward C. Stebbins

Margaret Ruley and David Lovett

Lynn Patrasch

Louise McGarvey Lillian H. Butler

Conrad Picnarcik Susan and Karl Ottison

Clarissa Porter John and Jane Miller

Debbie Roberts

Bernadine L. Stebbins Robert C. Stebbins

Tom and Mary-Jo McCann

John M. Twomey

Mitchell J. Geller

Alyssa K. Corry

Carol MacMath

Melissa Murphy Toby A. Greenberg

Franci Neely Susan and Karl Ottison

NHA's "Our Nantucket" Peter A. Morrison

Mr. and Mrs. Karl Ottison Franci Neely Foundation D. Van and Ann Smith

19

Thomas Maggs

Phillip Stambaugh

10th Anniversary Celebration at the Ottisons

As our tenth year was in full swing, CFN Trustee Susan Ottison and her husband Karl generously hosted a gathering of friends and family to celebrate the Foundation’s success, and to recognize outgoing Board President Phil Stambaugh. Phil was one of the first trustees of the organization, and its second President, a position he held for 6 years. CFN Trustee Bob Felch (top left) gave a heartfelt tribute to Phil (bottom right) at the event. He worked tirelessly on our behalf, and we allowed him to retire in 2015 with our gratitude.

20

Statement of Financial Position Year Ended December 31

2015

2014

Assets Current Assets Cash and Cash Equivalents Contributions Receivable Prepaid Expenses

$

Total Current Assets

Net Property and Equipment

1,555,854 128,955 1,847

$

1,119,542 125,565 1,847

1,686,656

1,246,954

190

1,330

1,686,954 331,756 206,518

1,838,167 247,422 227,907

2,225,228

2,313,496

Non-Current Assets Long-Term Investments Endowment Investments Contributions Receivable, Net of Discount

Total Non-Current Assets

Total Assets

$

3,912,074

$

3,561,780

$

23,017 11,820 5,225

Liabilities and Net Assets Current Liabilities Accounts Payable Grants Payable Other Liabilities

$

Agency Funds Held For Others

Total Current Liabilities

Total Liabilities

21,274 278,622

180,649

299,896

220,711

299,896

220,711

Net Assets Unrestricted Net Assets: Donor-Advised Funds Designated Funds Special Project Funds Partner Funds Scholarship Funds Nantucket Fund™ Endowment Funds Operating Funds Total Unrestricted Net Assets Temporarily Restricted Net Assets

Total Net Assets Total Liability and Net Assets 21

773,513 114,749 147,773 911,686 448,496 357,066 331,756 191,666

719,053 89,352 181,984 961,424 491,418 69,720 247,422 227,224

3,276,705

2,987,597

335,473

353,472

3,612,178 $

3,912,074

3,341,069 $

3,561,780

Statement of Operation Activities

(1)

Year Ended December 31

2015

2014

Support, Revenues and Reclassifications Gifts, Grants and Contributions Grants and Contributions Donated Facilities

$

1,768,505 34,260

$

2,432,086 (2) -

Other Revenues Investment Return (Loss) Other Revenue Received on Behalf of Funds

(1,783)

110,105

25,022

164,631

-

-

1,826,004

2,706,822

Reclassification of Net Assets Satisfaction of Donor Restrictions

Total Support, Revenues and Reclassifications

Functional Expenses Program Services Grants

$

Program Expenses on Behalf of Funds

Operating Expenses

Total Program Services

841,684 426,646 141,999

$

420,105 1,358,823 (2) 114,234

1,410,329

91%

1,893,162

94%

108,295

7%

86,716

4%

36,271

2%

29,483

2%

Total Functional Expenses

1,554,895

100%

2,009,361

100%

Total Change In Net Assets

271,109

697,461

3,341,069

2,643,608

Administrative Fund Raising

Net Assets - Beginning of Year Net Assets - End of Year

$

3,612,178

$

3,341,069

(1)

Includes Temporarily Restricted Net Assets of $335,473 and $353,472 for the year 2015 and 2014, respectively.

(2)

Under certain fund agreements, the Foundation will receive contributions and pay expenses directly on behalf of the fund in accordance with the charitable purpose for which the fund was established. 2014 saw the successful conclusion of a large Special Project fund, the unique activity of which is reflected in these areas.

Financial information is extracted from the financial statements that were audited by Smith, Sullivan & Brown PC who rendered an unqualified opinion on them. Copies of the complete financial statements are available on our website at www.cfnan.org

22

2015/2016 Board of Trustees Officers Victoria McManus President Hudson “Tucker” Holland III Treasurer Marsha Egan Secretary Marsha Kotalac Vice-President

Our vision is to be

Susan Ottison Vice-President

a driving force in

Melissa Philbrick Vice-President E. Geoffrey Verney Vice-President Trustees Robert Dean Felch Dr. Bill Frist Ellen Hoeffel The Rev. Dr. Gary Klingsporn Zeldy Lyman

sustaining and improving the overall health and spirit of our community. By connecting donors with the community – and the community with our donors –

Magdalena Padzik

we will build a

Geoffrey J. Smith

collaboration

Robert Tichio Catherine Ward

that benefits both.

Advisory Committee Ann Colgrove Steve Davis Daniel W. Drake Wade Greene Eileen McGrath Richard Oman

Cover Photo: George Riethof / OverNantucket

Phil Stambaugh Michael Varbalow Mimi Young

Staff Margaretta Andrews Executive Director Jeanne C. Miller Program Director Trich Wages Operations Manager

9 Bayberry Court P.O. Box 204 Nantucket, MA 02554 508-825-9993 info@cfnan.org

cfnan.org