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2019 Annual Report


AT A GLANCE: GIFTS Gifts Received

$5,154,799 1,120 Gifts

$3,732,799

$1,422,000

For Existing Funds

931

Donors

For Creating New Funds

6

New Funds

191

Total Funds

GRANTS & SCHOLARSHIPS

171

Grantee Organizations

ASSETS

2

115

Received A Total Of

$3,446,899

Scholarship Recipients

Total Assets

Investment Return

$41,915,970

19.2%


Message from Our Leadership

Dear Friends of the Community Foundation, Our world and our community are different from what they were just six months ago. The COVID-19 pandemic has changed how we live and work in ways we could not have even imagined, and our country’s centuries-long racial inequities have been elevated to a level that we truly hope will result in significant change. So we must ask ourselves, what role does our Community Foundation play at this pivotal time? That is a question we will attempt to answer in the months and years ahead, but what is clear is that the work that we did in 2019 helped to position the Community Foundation to embrace its new role in service to the community – as a leader and convener of philanthropy. The adoption of our Re-Commitment: 2019-2023 Strategic Plan speaks of a community foundation that can serve the needs of our region as well as catalyze philanthropy. Never have we been so connected to our non-profit partners, never have we been so engaged with our donors, and never have we been appreciated as such a critical and responsive leader for philanthropy in our region. And never have we understood so clearly the power of listening. It is with the clarity of hindsight that we appreciate the importance of 2019, from our Strategic Plan to our vastly improved grant-making capabilities, to the expansion of our role throughout the state. The work was important then and even more important now. Please know that none of this could happen without your engagement and support. We hope you find this annual report informative and inspiring – and maybe even worthy of sharing with a friend. Let us know what you think. Regards,

LINDA BODENMANN, CHAIR

JOHN VASCONCELLOS, PRESIDENT

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Contents Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Introducing SouthCoast Community Foundation. . . . . . . . . . . . . . . . . . . . . . . . . . . 3 New Funds and Scholarships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Donor and Grantee Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Funders’ Tours. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Creative Commonwealth Initiative Capacity Building . . . . . . . . . . . . . . . . . . . . . . . 8 Round of Grants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Scholarships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Events. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Board of Directors and Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Board Committees and Corporators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Financials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Contributors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

MISSION

To mobilize philanthropy by matching donors and resources with community needs for the benefit of our region.

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INTRODUCING

SouthCoast Community Foundation This year is our 25th Anniversary of mobilizing philanthropy for our region. Over the past few years, we have redefined the role of the Community Foundation in compelling and relevant ways, which makes this a strategic time to adopt a new name and a new look that recognizes our history and our evolving mission to serve the region. Everything we do at the Community Foundation is driven by our mission and every step we make is intentional. While we are deeply informed by our rich history, our focus is the future as a region and as a community foundation. We believe our new name, the SouthCoast Community Foundation, reflects the current momentum, excitement, and hopefulness in our region.

Why a New Name? Our region is not merely a geographical location, but an extended and connected community that shares similar challenges and similar goals, and honors a shared history. Our name now reflects this deepening regional identity, while embracing our mission to serve the entire community. Embracing SouthCoast We have embraced the SouthCoast name after extensive discussions with our stakeholders, our board, and our staff. Our use of SouthCoast underscores our commitment to the spirit of a region that transcends its geographic boundary, while looking to its strengths, and what makes us unique and not just anywhere. Our Brand Promise For the past two years we have used the phrase “Our Community. Your Foundation” as a declaration of who we are and how we serve the community. We will continue to use this tagline as our brand promise. We are also excited about our new name, look, and logo: a circle that represents momentum, inclusion, and collaboration, all of which are intertwined to create a successful whole. What’s ahead? This coming year, along with a new name and logo, we will launch a redesigned website and exciting new initiatives, all while celebrating 25 years of serving the community. Our future is strong and vibrant. 3


New Funds and Scholarships

Carlin Lynch Scholarship Fund, which honors and celebrates the memory of a man who loomed large in our community as a leader and a source of inspiration and encouragement. The Fund, established by his family, will support Dartmouth High School students in their pursuit of a college degree.

Westport Community Engagement Fund, a field-of-interest fund that will support creative and/or innovative programs that build community engagement for the residents of Westport.

Probable Futures is an exciting new fiscal sponsorship fund dedicated to helping people more fully appreciate the physical world, what science tells us about the proximate future, and how probabilistic thinking can help us prepare for and adapt to a changing climate. They are building a web-based Platform that brings together impactful climate data, case studies and stories, and a unique and beautiful user interface to make climate change clear, resonant, and meaningful for everyone. Probable Futures aims to help people make good decisions today so that a better world is more probable tomorrow—for ourselves, our children, our communities, and the planet on which we live.

Van Sloun Foundation Scholarship Fund which will support graduates of Westport and Dartmouth High Schools, as the fund grows, it will include multi-year scholarships, addressing a critical challenge for local students.

Greater New Bedford Youth Alliance is an operation focused on before school, after school, out of school and summertime programming that improves the educational and personal development of youth and children throughout New Bedford.

Leo R. and Muriel A. Lanouette Fund will provide scholarship awards to electrical engineering, computer science, or nursing students who are past their first year at the University of Massachusetts, Dartmouth, with preference to students enrolled in such disciplines who shall have matriculated from high schools in the greater Fall River or New Bedford areas. 4


Donor and Grantee Stories

Leo R. Lanouette

This past year also bore witness to the passing of Leo Lanouette. Over the previous two years, we have worked closely with Leo to establish a scholarship fund in his family’s honor named the Leo R. and Murial A. Lanouette Fund. The Fund will provide scholarships to electrical engineering, computer science, or nursing students who are past their first year at the University of Massachusetts Dartmouth, with preference to students from high schools in the Greater Fall River or New Bedford areas.

The Community Foundation hosted Dr. Irwin and Joan Jacobs for their annual visit to New Bedford and, as always, the two days were eventful. Our annual trip to Boston with ten fifth-grade students from Jacobs Elementary and Carlos Pacheco schools was canceled due to inclement weather. However, our community partners at the Whaling Museum and the New Bedford Art Museum Dr. Irwin and Joan Jacobs with the fifth- stepped up to help us entertain our special guests. grade students from Jacobs Elementary In hindsight, it provided a great opportunity for and Carlos Pacheco School the Jacobs’ to dive into the very impressive work at the Whaling Museum and to visit the Pete Souza show at the New Bedford Art Museum – and, given their close friendship with President Barack Obama, it was especially fun. The Jacobs’ visited local schools, met with educational leaders and awarded scholarships to five New Bedford seniors totaling $175,000. Their visit concluded with a warm dinner reception of many community friends, co-hosted by the Whaling Museum and Community Foundation. Thanks to DATMA (Design Art and Technology Massachusetts), The Silver Current art installation that floated above New Bedford’s Custom House Square showcased a wonderful performance by the New Bedford Ballet underneath this installation as part of this season’s Summer Winds celebrations happening throughout New Bedford. Both of these organizations are members of our Building Blocks Cohort and recipients of Creative Commonwealth grants. Silver Current installation by DATMA

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Funders’ Tours Here at SouthCoast Community Foundation we convene, connect, and collaborate with individuals, groups, and organizations to create impact in SouthCoast communities. The priorities we invest in include:

Educational Success: Improving outcomes for youth and adult learners

Youth Opportunities Unlimited (Y.O.U.)

Our May Funders’ Tour focused on Local Leadership: Boldness, Innovation & Sustainability. The Community Foundation hosted 25 of our donors to hear from four dynamic non-profit leaders in our community; Jennifer Downing, Executive Director, Leadership Southcoast; Michelle Loranger, Executive Director, Children’s Advocacy Center; Amanda McMullen, President & CEO, New Bedford Whaling Museum; and Mark Rasmussen, President, Buzzards Bay Coalition. John Vasconcellos moderated the panel discussion on innovative leadership that explored the challenges, lessons and growth of these seasoned leaders. We then visited Youth Opportunities Unlimited (Y.O.U.), a local non-profit organization with a focus on youth programs. Bernadette Souza, Executive Director of Y.O.U., teamed up with Kim Ferreira and Stephanie Perks, Co-Executive Directors of Coastal Foodshed, to show off their collaboration. These dynamic leaders in the non-profit world bring unconventional and inspired approaches to their work.

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Vibrant arts and creativity: Increasing access to arts and elevating artistic expression.

DATMA’s Silver Current

Our summer Funders’ Tour focused on Creative Commonwealth - Expression, Access & Expansion. With the support of our sponsor, BayCoast Bank, over 30 of our vested partners enjoyed a tour of local art exhibits throughout New Bedford; Custom House Square (DATMA’s Silver Current, Superflat and New Bedford Historical Society Murals), Clasky Common Park (New Bedford Art Museum’s Creative Courts and the New Bedford Symphony Orchestra’s performance Music in the City), Acushnet Avenue (Community Economic Development Council murals). Following the tour, we hosted a panel discussion at the New Bedford Art Museum. Participants included San San Wong, Director of Arts & Creativity, Barr Foundation, Lee Blake, President, New Bedford Historical Society, Michael Benevides, Founder, Fabric Arts Festival, and Tracy Furtado-Chagas, Executive Director, Dream Out Loud Center for the Arts. The discussion explored the challenges of building arts and cultural organizations of quality and innovation that retain community relevance.

Education: Removing barriers to college and career readiness

Funders’ group in front of Atlantis Charter School

This tour in Fall River sought to educate and inspire our fund advisors, prospective donors, and other philanthropists on how the City’s schools are addressing career and college readiness. Our site visits included an inspiring visit to Atlantis Charter School, Durfee High School and their partnership with uAspire and the YMCA. We followed the tour with a thoughtful panel discussion. Participants included Matt Malone, Superintendent, Fall River Public Schools; Amanda Seider, Executive Director, OneGoal; and Marquis Taylor, Founder and Executive Director, Coaching4Change. Thanks to BankFive for their support as our sponsor. 7


Creative Commonwealth Initiative: Capacity Building

In the beginning of the year we kicked off the Building Blocks for Arts Nonprofits, a six-month capacity building training series for Fall River and New Bedford arts nonprofits with budgets below $250,000. Twelve highly engaged organizations from New Bedford and Fall River took part, meeting monthly for a deep dive on all things non-profit. Classes focused on Volunteer Management and Human Resources, Marketing and Branding, Grant Writing, Financial Management, Board Governance, and Fundraising. This initiative gave us great insight into the importance of our role as a convener and an educator for local organizations - this will be a key component of the next phase of our Creative Commonwealth work. 2019 marked the beginning of the second phase of the Creative Commonwealth Initiative in partnership with the Barr Foundation. This three year phase, will build upon the learnings and experiences of the first phase and allow the Community Foundation to focus on developing the capacity, outreach, sustainability and diversity of the arts and culture communities of Fall River and New Bedford. The Bank Five Foundation Fund along with our Creative Commonwealth Initiative were significant donors to The Fabric Festival, an exciting new arts and culture venture created by Michael Benevides of Portugalia with curatorial support from arts professionals in the Azores and Lisbon. The event involved a panel discussion on the intersection of arts and culture in an urban setting such as Fall River. The conversation was lively and informative and continues to support the efforts in Fall River to build on its significant arts scene. Rayana Grace presented the work of the Creative Commonwealth to the Massachusetts Arts Funders Collaborative at their quarterly meeting. It was great to share with an audience of institutional funders the impact our partnership with the Barr Foundation has had on our region.

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Round of Grants

In 2019, we have made over $3,000,000 in grants to nonprofits, and awarded more than $450,000 in scholarships. This exceeds last year’s giving by 5%. These grants and scholarships range from $100 to $100,000 and each tells a unique story of an individual, family or business who wants to see good happening in our community. Here is just a sample of some of these grants:

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Pacheco Elementary School

In the beginning of the year, we presented both the Jacobs Elementary School and Pacheco Elementary School at their monthly rallies with grants from the Jacobs Family Donor Advised Fund in the amounts of $48,000 each. We awarded 11 Alleviate Homeless and Hunger grants for a total of $90,000. The grants ranged from $5,400 - $10,000 to organizations serving the communities of Attleboro, Brockton, Dartmouth, Easton, Fall River, New Bedford, Middleborough, and Taunton. The grants were varied: including the acquisition of low tunnels to extend Dartmouth YMCA’s Sharing the Harvest season; funds for Bristol Elder Services for the purchase of insulated containers to keep food at the proper temperature during transportation for deliveries to homebound elderly; and support the Father Bill’s & Mainspring to purchase a handicap accessible ramp to be installed at an emergency shelter

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Cultural Expression Grant awardees

Additionally, we awarded 9 grants totaling $100,000 from the Polaroid Fund, a long-standing partnership with The Boston Foundation which seeks to enhance the skills and education of the Greater New Bedford Workforce, with an emphasis on English Speaker of Other Languages, Adult Basic Education, and General Education Development classes, and family literacy programs that integrate early literacy programming for children with ABE/ESOL and parenting classes. Among the grantees this year was Junior Achievement of Southeastern Massachusetts which received $8,000 for their ESOL programming at the Alfred J. Gomes School in New Bedford, and the Immigrants’ Assistance Center which received $15,000 for ESOL programming this year. We announced to a roomful of great arts organizations $111,000 in Cultural Expression grants to 11 organizations (pictured above) in Fall River and New Bedford. Ranging from $4,000 to the Immigrants’ Assistance Center for their Matisse in Portuguese program to $20,000 in support of the inaugural Fabric Festival in Fall River, it was a significant commitment in our Creative Commonwealth Initiative’s work to support culturally diverse and underrepresented communities in the celebration and elevation of the wonderful diversity that comprises these two great cities.

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Scholarships In 2019, we awarded $450,695 in scholarships to 60 local students.

John Owens pictured with his family

Our third annual Scholarship Reception had over 130 attendees and a very exciting announcement of two scholarships from our Albert F. Carr Scholarship Fund for $37,500 each to rising college seniors for a single year - the largest scholarship we have ever granted. One of the recipients, John Owens, was also our keynote speaker, and as you might imagine, his mother was ecstatic. Her sacrifices as a single mom to raise John and his sister, and John’s stories about growing up as an African-American in a community that did not convey much hope to him were potent testimonies to how philanthropy can help change lives and communities. It was also great to give out the first scholarships from our two newest funds: the William Tucker Keene Memorial Scholarship and the David C. DuBois Scholarship. It was a wonderful night for the Community Foundation.

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Events

24th Annual Meeting The Community Foundation of Southeastern Massachusetts held its 24th Annual Meeting at the UMass Dartmouth Charlton College of Business. The Community Foundation announced its new strategic plan and elected two new board members, Trish Arnold and Priscilla Ditchfield along with eight new Corporators. pictured left to right: Jim Canales, Barr Foundation, Guest speaker Jim Canales, President Linda Bodenmann, Board Chair, and John Vasconcellos, and Trustee of the Barr Foundation, President at our 24th Annual Meeting shared his appreciation of the critical role of community foundations as strategic partners and leaders of their regions. Acknowledging the evolution of the Community Foundation, Canales stressed the importance of “investing in leaders who are effective, visionary, and collaborative, as we know they motivate others, drive change and produce results.� Canales made a compelling argument about the importance of art and creativity to vibrant, inclusive communities and not merely as a vehicle for economic development. We also announced the adoption of a strategic plan, Re-Commitment: 2019-2023. The new plan calls for robust investment in expanding and improving the capacity of the Community Foundation, ownership of its role as a catalyst for effective philanthropy, and a commitment to improving the quality of life for residents of our region with a particular focus on education, arts and culture, and economic opportunity.

Meet the Funders During the Meet the Funders event, non-profits heard from an engaging panel of institutional funders; the Island Foundation, Amelia Peabody Charitable Foundation, Tufts Medical Foundation, Carney Family Charitable Foundation, and BayCoast Bank. All funders granted the opportunity to share their strategic visions, policies and guidelines for support, and approach to philanthropy.

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Summer’s Last Blast Summer’s Last Blast was - A BLAST! On Friday, September 13, all the components of an awesome end of-summer celebration were lined up for the Community Foundation’s annual fundraiser. Over 360 community friends and colleagues joined together in Nonquitt, a gorgeous venue and property of our generous hosts, the Huidekoper and Gebelein families. “From the round bar to the couches and chairs to the fire-pits and all the delicious food, it truly was a worthwhile experience!,” said Cynthia Rose, a member of the Community Foundation’s Board of Directors. “This was truly a home run!” Linda Bodenmann, chair of the Board of Directors and President John Vasconcellos thanked everyone for their continued support of the Community Foundation of Southeastern Massachusetts. “The Board and staff of the Community Foundation are very fortunate that our work allows us to meet and know a wide range of individuals who call Southeastern Massachusetts home and how lucky we are that you have chosen to spend this night with us,” said John Vasconcellos. “Along with the end of summer, there is much to celebrate with you on behalf of the Community Foundation including a robust Creative Commonwealth Initiative that is elevating the arts and culture for our two communities of focus: New Bedford and Fall River; a record-breaking scholarship year with more than $450,000 given to over 60 students – including the largest single one-year scholarship; and the kick-off of Re-Commitment: 2019-2023 Strategic Plan, which will guide the way for the next five years of service and growth of the Community Foundation.”

SAVE THE DATE OF FRIDAY, SEPTEMBER 11, 2020 we look forward to spending another fun evening with you at Summer’s Last BLAST – Celebrating 25 Years!

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Board of Directors and Staff 2019-2020 BOARD

STAFF

Linda Bodenmann, Chair Eric Strand, Vice Chair Louis Sousa, Treasurer Carl J. Cruz, Clerk Seth Garfield, Immediate Past Chair John Vasconcellos, President Trish Arnold Colleen Carney Courtney Nicholas Christ Priscilla Ditchfield William R. Eccles, Jr. Gerry Kavanaugh Maria Rosario Cynthia Rose Jason Rua

John Vasconcellos, President Pam Ellis, Development Systems Administrator Pam Evans, Director of Finance & Administration Rayana Grace, Arts & Culture Program Manager Tricia Grime, Development Manager Kim Heard, Office Administrator Holly Weeden, Program & Donor Services Manager Joanne Murray, Executive Director, Women’s Fund Rachel Dzengelewski, Development Coordinator, Women’s Fund AHA!

Lee Heald, Director LEADERSHIP SOUTHCOAST

Jennifer Downing, Executive Director Tracy McNeil, Communications Manager

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Board Committees Our Board Committees provide critical insight, guidance, oversight, and inspiration to the work of the Community Foundation

EXECUTIVE COMMITTEE

DEVELOPMENT COMMITTEE

INVESTMENT COMMITTEE

Linda Bodenmann, Chair Carl Cruz Seth Garfield Louis Sousa Eric Strand

Colleen Carney Courtney, Chair Trish Arnold Janet Atkins Linda Bodenmann Terry Boyle Bob Collins Doug Glassman Jennifer Menard Stacy Mullaney Jeff Pagliuca Lisa Stratton

Eric Strand, Chair Peter Bogle Michelle Buckley Matthew Downey Tim Dyer Ryan O’Quinn Mike Pierre Gil Shapiro Louis Sousa Richard Wolfson

FINANCE COMMITTEE

Seth Garfield, Chair Merry Conway Carl Cruz Zoe Hansen DiBello Erik Domingues Romayne Grace Shelley Honeycutt Donald Kerr John Korn Lynne Mastera Cynthia Rose

ARTS & CULTURE

Priscilla Ditchfield, Chair Nicholas Christ William R. Eccles, Jr. Carl J. Cruz Lisa Schmid Alvord Lasse Antonsen Michael Benevides Irene Buck Yvonne Drayton Jackie Francisco Walter Fraze Roger Mandle Charlie Merrow Denise Porche Eve Rounds Lawrence Jenkins Margo Saulnier Jim McKeag Viera Levitt Helena Hartnett Kathleen Hancock AUDIT COMMITTEE

William Eccles, Chair Linda Bodenmann Nick Christ Jeffrey Pagliuca Louis Sousa

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SCHOLARSHIP COMMITTEE

Lou Sousa, Chair Kate Alves Rachel Charrier Dana Norman Jason Rua Ed Siegal GOVERNANCE COMMITTEE

Jason Rua, Chair Janet Atkins Seth Garfield Cynthia Rose GRANTS COMMITTEE

Carl J. Cruz, Chair Linda Bodenmann Julie Gagliardi Seth Garfield Sister Kathleen Harrington Jayne Rebello Korn Zach Nieder Denise Porche Andrea Rodrigues Cynthia Rose


Corporators Our Corporators, representing a wide range of talents, experiences and perspectives, serve the Community Foundation as advisors, ambassadors and advocates

Lisa Schmid Alvord Joseph Barry Christina Bascom Wendy Bauer Michael Benevides John Beauregard R. William Blasdale Peter C. Bogle Hon. Bettina Borders Terry Boyle J. Russell Buckley John K. Bullard Peter C. Bullard Steven Canessa Lillian Carney Patrick Carney Elaine Chervinsky Paul Chervinsky Robert Collins John Coughlin Erik Dominques Paul Downey Yvonne Drayton Timothy H. Dyer M. Temple Fawcett Gail Fortes

Zachary Gerson-Nieder Doug Glassman Kathleen Harrington Helena Hartnett Shelley Honeycutt James S. Hughes Lawrence Hunt Elizabeth Isherwood David Jeffrey Hope Jeffrey Lorraine Khazan Rachel Kolb Nancy Kurtz Richard Lafrance Edward Lambert Raymond Lantz Kate Carney Larisa Craig Lindell Melanie Lindell Doris Ludes John Ludes Thomas Lyons Jean MacCormack Carolee Matsumoto Nancy McFadden Jennifer Menard

Joan Menard Elaine Meredith Charlie Merrow Stacy Mullaney Dana Norman Mary Louise Nunes George Oliveira Jeffrey Pagliuca Kim Perry Susan Perry Mike Pierre David Prentiss Jayne Rebello Korn Carl Ribeiro Cathy Roberts Andrea Rodrigues Jonathan Schwartz Edward Siegal Gilbert Shapiro June A. Smith Lara Stone Mary Tomlinson Charles Toomey Robert Trahan Randall Weeks Richard Wolfson

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Financials STATEMENT OF FINANCIAL POSITION

STATEMENT OF ACTIVITIES

AS OF DECEMBER 31, 2019

FOR THE YEAR ENDED DECEMBER 31, 2019

ASSETS Current Assets. . . . . . . . . . . . . . . . . . . . . . . . 1,777,351 Property and Equipment, Net. . . . . . . . . . . . 24,658 Non-Current Assets. . . . . . . . . . . . . . . . . . 40,113,961

SUPPORT, REVENUES AND RECLASSIFICATIONS: Grants and Contributions. . . . . . . . . . . . . . . . . . 5,326,243 Investment Return. . . . . . . . . . . . . . . . . . . . . . . 5,540,014 Other Miscellaneous Revenue. . . . . . . . . . . . . . . . 514,163

TOTAL ASSETS. . . . . . . . . . . . . . . . . . . . . 41,915,970 LIABILITIES AND NET ASSETS Current Liabilities. . . . . . . . . . . . . . . . . . . . . . 177,583 Non-Current Liabilities . . . . . . . . . . . . . . . . . 996,968 TOTAL LIABILITIES. . . . . . . . . . . . . . . . . . . 1,174,551

NET ASSETS: Without Donor Restrictions. . . . . . . . . . . 31,696,115 With Donor Restrictions. . . . . . . . . . . . . . 9,045,304 TOTAL NET ASSETS. . . . . . . . . . . . . . . . . 40,741,419

TOTAL SUPPORT, REVENUES, AND RECLASSIFICATIONS . . . . . . . . . . . . . . 11,380,420 FUNCTIONAL EXPENSES Program Services. . . . . . . . . . . . . . . . . . . . . . . . 4,382,844 Administrative. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 441,994 Fundraising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 293,751 TOTAL FUNCTIONAL EXPENSES. . . . . . . . . . . 5,118,589 CHANGE IN NET ASSETS. . . . . . . . . . . . . . . . . . 6,261,831 NET ASSETS - BEGINNING OF YEAR. . . . . . 34,479,588 NET ASSETS - END OF YEAR. . . . . . . . . . . . . 40,741,419

TOTAL LIABILITIES AND NET ASSETS . . . . . . . . . . . . . . . . . . . . . . . . 41,915,970

The SouthCoast Community Foundation granted $3,446,899 in grants and scholarships in 2019

4%

2019 GRANTS AND SCHOLARSHIPS PAID

6% 17%

52%

21%

Arts & Culture

$595,771

Economic Opportunity

$731,234

Education $1,803,986 Environment $123,774 Other $192,133 TOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,446,899 TOTAL GRANTS. . . . . . . . . . . . . . . . . . . . . . . . . . $3,055,263 TOTAL SCHOLARSHIPS . . . . . . . . . . . . . . . . . . . . $391,636* (*)represents payments made on previous awards.

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Contributors Listed below are contributors of $500 or more to all of our funds, including sponsorships, during 2019. We extend our sincere gratitude to ALL who made a gift during the year.

BayCoast Bank Irene and Norman Buck Massachusetts Office of Travel and Tourism Van Sloun Foundation

Claremont Management Dr. Paula Cordeiro Paul and Donna Downey Fairhaven Shipyard Companies James and Kathleen Feeney Fiduciary Trust Donna Jeffers The Karina Foundation Henry Keene, Sr. Kate Mahoney Sean and Stacy Mullaney Pierre and Company, LLC. Rua-Dumont-Audet Insurance Agency, Inc. June Smith and Ken Shwartz Eric and Paula Strand Sylvia & Company Insurance Agency Vibra Hospital of Southeastern MA Kevin Williams

$25,000-$49,999

$2,500-$4,999

$100,000+ Anonymous BankFive Barr Foundation The Polaroid Fund of the Boston Foundation Department of Education (Pathways) Dale Ferris Hawthorn Medical Associates Island Foundation Joan and Irwin Jacobs Fund of the Jewish Community Foundation The Estate of Leo Lanouette

$50,000-$99,999

David Ames, Jr. Bristol County Savings Bank Bristol County Savings Charitable Foundation The Carney Family Charitable Foundation William Schrafft & Bertha Schrafft Charitable Trust

$10,000-$24,999 Alan L. Alves Barry Investment Advisors Christina and Charles Bascom John and Nancy Braitmayer Dr. Paul and Elaine Chervinsky Allan W. and Priscilla Ditchfield Carole Ferguson Dr. Steven Mendes, M.D. New Bedford Art Museum New Bedford Economic Development Council New Bedford Housing Authority Dr. Jason Reynolds, M.D. Southcoast Health The Weatherlow Foundation Avery Williams Marcy Wintrub and Duane Barton ZRC World Wide

$5,000-$9,999 Jason and Stephanie Alves Esther Ames Nancy Ames William Ames Linda and John Bodenmann

Acorn International Joel and Lisa Alvord Chris and Trish Arnold Ann Beaulieu Bill and Mary Jean Blasdale Bristol Community College Nicholas and Margaret Christ City of New Bedford Department of Community Services Douglas and Lisa Errico David and Kim Ferreira Fiber Optic Center, Inc First Citizens Federal Credit Union Gallery X Seth and Dorothy Garfield Doug and Stephanie Glassman Joseph Abboud Manufacturing John Korn and Jayne Rebello Korn Mass Cultural Council Jeanne Pallatroni Plimouth Investment Advisors Saunders-Dwyer Home for Funerals Gilbert and Frima Shapiro Steward Healthcare Systems John Vasconcellos and Bill Barr Waring-Sullivan Affiliated Funeral & Cremation Services Ruth & Ralph Webber Family Foundation White’s of Westport

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$1,000-$2499 Acushnet Company American Research and Management Company APC Auto Body Avenger Fishing LLC Dr. Robert Baarsvik and Kathi Newman Talbot Baker, Jr. Sarah and Alan Berry Big Value Outlet Bettina Borders and Victor Mailey M.D. Peter D. Brightman Broadbill Fishing, Inc. Chad Brubaker and Lean Camara Jennifer Bungert Burke & Lamb, P. C. Gertrude Burr Joanne and David Cameron Colleen Carney Courtney and Chris Courtney Patrick Carney The Cheryl St. George Trust 2017 David Colton Bill and Janet Coquillette Elizabeth Corriveau Carl J. Cruz Joseph Doggett Dr. Erik Domingues Mathew and Diane Downey Cynthia Flanagan Sheldon Friedland Garcia, Galuska, Desousa Consulting Engineers Thomas Gidwitz and Gail Davidson The Glass Foundation, Inc. Glastonbury Abbey Charitable Foundation Inc Keith and Barbara Graveline Charlotte Guimond Ken and Helena Hartnett Jim and Bess Hughes Jonathan Levi Architects JM Forbes & Co. LLP William and Frances Keene Rusty and Betsy Kellogg Ronald Knapp Rachel Kolb and Thomas Stritter Larisa Family Leslie Lawrence Jimmy Liang Ludes Family Foundation Frances Lynch James Lynch Timothy Mahoney and Pam Donnelly Marion Institute Massachusetts Design Art & Technology Institute Richard Medicke Joseph Mullaney Louise Nadler Joseph Nauman New Bedford Cultural Council

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Nunes & Charrier, LLC Oxford Creamery, LLC Elizabeth Pattullo John Petty People Incorporated PrimaCare, P.C. Carl and Leslye Ribeiro Robert Paul Properties The Roberts Family Charitable Fund Rotary Club of Fall River Charitable Foundation Trust Smith Sullivan & Brown PC St. Anne’s Credit Union of Fall River Stevenson Family Charitable Trust Louis Sousa Southcoast YMCA Jeffrey and Lara Stone Turowski2 Architecture, Inc. UMass Dartmouth Upstream Foundation Henry Von Ertfelda M.D. Henry and Marion Wainer Richard and Susan Wolfson Zibra Corporation

$500-$999 Anonymous Amy J. Bare Charitable Trust AKS Wamsutta LLC Julianne Alves Eileen Arel Faxon Maureen and Ray Armstrong Babbitt Steam Specialty Co. Michael and Margherita Baldwin John & Jaqueline Beauregard Thelma Bold Boutique Fitness Andrew Burnes Thomas Bush Sean Carr Carolyn Cole Robert Collins Concordia Company, LLC Nancy and Catherine Crosby Ellen Dehm and Catherine Adler Yvonne Drayton Jane Dufault Timothy Dyer William Eccles Jr. Matthew Espinola Pamela and John Evans Farrell, Smith, O’Connell LLP Kate and David Fentress Fernandes Masonry Inc. Jerry Ferrari and Judy Havens Robert Fuoroli John and Natalie Garfield Jr. George Gebelein


Greater Southeastern Mass Labor Council, AFL-CIO Hall Keen Wamsutta LP David Heimbecker Christopher Hodgson Cary Isaacs and Illana Feinerman M.D. IMG Inc. Elizabeth Isherwood Genae Johnson and James Collins Lang, Xifaras & Bullard Atty. Kenneth D. Lipman Steven Lockard Becky Lockwood Steven and Christine Manfredi Stephen Marcus and Carol Augustyniak Mattapoisett PTA M D Farrell Electric Inc David and Colleen Millett Lisa Morin Michael Nelson New Bedford Symphony Orchestra Norman Graham & Digangi NorthStar Learning Centers Parkview Apartments Realty Holding LLC Sandria Parsons Karen Ann Pettine

Philip Snyder Foundation Pine Haven Investment Council, Inc. Stephen and Claire Purdy The Quarterdeck Foundation James Raiola Dr. Michael and Caron Rocha Dr. Bruce and Cynthia Rose Committee to Elect Paul Schmid Sean Scanlon George T. and Anna Shaw Shore Benefits Consulting LLC Robert and Amanda Silveira David Slutz Spherion Bonnie and Robert Stapleton Denise Squillante Taunton Federal Credit Union Abigail Test David and Nancy Twitchell UMass Dartmouth Foundation Veterans Transition House Marjorie Waite and Neal Weiss Jessica D. Whittaker WHK Lawton Limited Partnership

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SouthCoast Community Foundation Annual Report 2019  

SouthCoast Community Foundation Annual Report 2019  

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