2021 TCFHR Annual Report

ANNUAL 2021

REPORT GIVING MADE EASY

PHOTO FROM THE DOWNTOWN CREATIVE PRINTING COMPLIMENTS OF PXI

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BOARD OF DIRECTORS Donna Harper CHAIR Vice President for Access and Enrollment Management James Madison University Kevin Flint VICE CHAIR Financial Analyst Hess Financial

Donna Harper Board Chair

Trish Davidson SECRETARY Director of Finance Rockingham County, VA Ellen Brodersen TREASURER Retired C.P.A. Clark & Bradshaw, P.C. Dale Hulvey PAST CHAIR Retired CIO - AVP for Information Technology James Madison University ____________________________________ Lindsay Brubaker Attorney BotkinRose PLC Eric Campbell City Manager Harrisonburg, VA Leslie Dutt Associate Director Engineering Merck & Co. Jason Fink Professor of Finance James Madison University & Director of Research Graves-Light Private Wealth Management Cary Hevener Chief Financial Officer TSSi Kristian Horneber Senior Accounting Manager-Financial Reporting James Madison University Foundation Gannon Irons Financial Advisor Edward Jones Charles Martorana Retired Valley Region Market President Blue Ridge Bank Cynthia Prieto Retired Principal at Harrisonburg High School Matthew Sunderlin Managing Partner Clark & Bradshaw, P.C.

Revlan Hill Executive Director

he Community Foundation has flourished through the generosity of amazing individuals, families, and businesses who have shared their time, expertise, and financial resources in support of our mission throughout the past 23 years. By working together, the Foundation has earned a reputation for its flexibility, dedication, and trustworthiness. We are known for providing knowledgeable, innovative, and collaborative solutions for the benefit of fund-holders and our community.

A trusted philanthropic partner growing permanent funds for our community.

We are thrilled to work with those who want to give back to their local community. The Community Foundation of Harrisonburg and Rockingham County brings people and our resources together to cultivate solutions and make dreams for Harrisonburg and Rockingham into reality. This report features the impact that we, our donors, community members, and partners have made on our area in 2021 and beyond. Thank you to those who have supported and partnered with us on our mission to address the needs within our community.

Laura Toni-Holsinger Executive Director United Way of Harrisonburg and Rockingham County Paul Whatley Realtor Kline May Realty

Donna Harper Board Chair

Revlan Hill Executive Director

Professional Partners in Philanthropy Clark & Bradshaw, P.C. Matthew C. Sunderlin Bradley J. Moyers Quinton B. Callahan Amy L. Rush

Estland Flora Pettit PC Graves Light Lenhart Private Wealth Management Asa Graves Wes Graves Ashley “Ash” Heatwole Doug Light Jeff Lenhart

Lantz & Gochenour Investment Group of Janney Montgomery Scott Michael C. Gochenour Mary Bryant Via

Larson Wealth Management David Larson Tyler Conley Matthew Gray Jennifer Carrier PXI Mike Meredith

Sipe Kiser Investment Group of Wells Fargo Advisors Ed Sipe

Stern & Heatwole Financial Group Norman Stern Christine E. Worontzoff Franklin Showalter, III Mark Brenneman

Strategent Financial, LLC Dale S. Lam Abe J. Shearer Melissa M. Mayhew

The Myrias Group

Andrew M. Huggins Christopher R. Goehner Nicole C. Tayman Joshua Kyger

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YEAR IN RE Page 3

COVID-19 RESPONSE

SUPPORTING ANIMAL CARE PROJECTS

The COVID-19 HR Community Response Fund, established in partnership with The United Way of Harrisonburg and Rockingham County, provided rapid relief grants to the nonprofits and thus the people hit hardest by the impacts of COVID-19. We collected donations and distributed a total of over $600,000 in grants to 51 nonprofit organizations.

Thanks to the donors, nonprofit partners, and community leaders who collectively answered the call to action. Our response demonstrated the strength and hope of our community and what we can accomplish together.

The Hildred Neff Memorial Fund provides funding for nonprofit organizations providing care for domestic animals and wildlife in Harrisonburg and Rockingham County. This year's grants totaled $21,944 to four organizations: Still Meadows Enrichment Center & Camp, Cat’s Cradle, Anicira, Wildlife Center of VA

ASSISTING HIGHLAND COUNTY, VA The Little Swiss Fund – monies annually invested and distributed to benefit Highland County nonprofit agencies with 501 (c)(3) tax-exempt status. This year’s grants totaled $334,821 to 17 organizations.

JANET SOHN ENDOWED FUND The Janet Sohn Endowed Fund granted $12,660 to Central Valley Habitat for Humanity for their project, 'Living in Place - Critical Home Repair'.

MARY SPITZER ETTER ENDOWED FUND The Mary Spitzer Etter Endowed Fund granted two awards. One grant of $2,359 to Arts Council of the Valley for their project in 'CST Exterior Lighting Repair/Replacement' and another grant of $2,300 to OASIS Fine Art & Craft for their 'Second Home Projects'.

Pictured below: Great Community Give Planning team celebrating $1 million fundraising mark at 2021 Great Community Give held on April 21, 2021.

VIEW

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Pictured above: Strategic Planning training presented by Jennifer Testa and provided by TCFHR program, Excellence in Nonprofit Leadership. Thank you to Massanetta Springs Camp and Conference Center for providing the Stewart Room.

VALLEY ARTS AND CULTURE FUND GRANTS

GREAT COMMUNITY GIVE

The Valley Arts and Culture Fund granted $1,373 to Northeast Neighborhood Association for their project in 'Growing Public Programming & Online Access to the Historic Dallard Newman House'.

Over 7,000 community members raised $1,772,878 during the 4th annual Great Community Give on April 21, 2021 in support of 116 local nonprofit agencies. This was the first year cash and check donations became a way of giving.

ALVIN V. BAIRD, JR. PROGRAM ENDOWMENT FUND The Alvin V. Baird, Jr. Program Endowment Fund granted $42,575 to four organizations and their projects - Adagio House: Reduced Fee Sessions, Family Life Resource Center: Scholarship Fund, JMU Suitcase Clinic: The Suitcase Clinic, and Kingsway Prison and Family Outreach: Kingsway Dental Care Project 2022.

COMMUNITY ENDOWMENT FUND GRANTS The Community Endowment Fund distributed $8,383 to two organizations: Plains Area Day Care for their Infant and Toddler Playground/Outdoor Classroom and Village to Village for their Welcome Home Refugee Project.

BRANCHING OUT WITH F&M BANK During Great Community Give 2021, Revlan Hill was interviewed by Mary Pavlovskaya for F&M Bank's series, Branching Out. You can view the video today on the home page of our website, www.tcfhr.org.

WSVA MONTHLY SHOWS

Thanks to Toni Bentel Bailey, The Community Foundation has a monthly show on WSVA 550 with Jim Britt. Every second Monday of the month, you can hear us discussing the latest updates in philanthropy. Big thanks to WSVA 550 for the opportunity!

OFFICE OPEN AGAIN After being closed for over a year, TCFHR was excited to open our office for in-person business in June 2021.

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DOLLY PARTON'S IMAGINATION LIBRARY APPROVED BY TCFHR BOARD The TCFHR Board approved to become a local affiliate of Dolly Parton's Imagination Library in May 2021. An official committee was formed and set out to raise the necessary funds to bring the Imagination Library to our area's children under 5 years old. See "Making a Dream into Reality: A Community Member's Story" on page 8.

SUMMER INTERN: IAN SHIREY Ian began his internship with TCFHR in the beginning of June 2021. Ian was a rising senior at JMU in the College of Business and pursued a masters of science in accounting. Ian finished his internship with us in August 2021 before going back to school to finish his degree.

FINDING A NEW PURPOSE FOR FORMER H-R FREE CLINIC BUILDING The Free Clinic Board of Directors voted to gift all of the Free Clinic’s physical and cash assets to TCFHR to help fund affordable, accessible healthcare in the community. The goal of the property was to be used for unmet healthcare needs of the low income and most vulnerable members of our community.

DONOR COMPLETES MATCH GIFT In June, a generous donor who remains anonymous completed their match of $50,000 to the Community Endowment. The Community Endowment is a pool of unrestricted endowed funds established for the greatest flexibility and benefit of the Harrisonburg and Rockingham County community.

NEW FUNDS TCFHR opened 29 new funds in the year of 2021! Up 13 from the previous year.

VDOE: EDUCATION IMPROVEMENT SCHOLARSHIPS TAX CREDIT PROGRAM $435,799.56 in scholarships to 167 K-12 students.

60 donors participated in the VDOE Tax Credit Program and 5 schools participated.

EXCELLENCE IN NONPROFIT LEADERSHIP The ENL program held 3 trainings/workshops in 2021. We partnered with Association of Fundraising Professionals, Shenandoah Chapter for a one-hour webinar presented by Terry Woflisch Cole, founder and host of Tell Me Another and a Moth GrandSLAM champion. Terry presented 'Storytelling for Fundraising Success' for 25 participants. The second and third workshops were focused on Strategic Planning presented by Jennifer Testa, Professional Development Specialist. The first session covered the basics and in the second session, participants conducted a simulated strategic planning session with a randomly chosen nonprofit as the example.

SCHOLARSHIPS AWARDED TCFHR celebrates another successful year working with donors in providing scholarships to students in our local area. Over $245,000 in scholarship awards were given to students of Harrisonburg and Rockingham County. Congratulations to all 2021 scholarship recipients!

GIVING BACK ON GIVING TUESDAY TCFHR publishes the giving guide, Giving Back, every year to create awareness for nonprofit organizations’ funding requests in the year-end for Giving Tuesday and beyond. The fifth edition of Giving Back presents 62 causes that will need our community’s attention in the coming year.

COMMUNITY FOUNDATION WEEK TCFHR joined in a nationwide celebration, November 12-18, 2021, to recognize the increasingly important role that community foundations play in strengthening localities.

Community Foundation Week was created in 1989 by former president George H.W. Bush.

HONORING EARLYNN MILLER Dr. Earlynn Joy Miller, 80, died April 19, 2021. Before she passed, she established 3 funds at TCFHR that would provide a legacy for the arts here in Harrisonburg. Read about Earlynn's generosity on page 7.

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HOW TO GIVE YOU CAN MAKE A POSITIVE DIFFERENCE IN OUR COMMUNITY. LET US BE YOUR PARTNER. GIVING BACK MADE SIMPLE.

WORK WITH US WHEN:

Starting a fund at TCFHR is easy. You can open a fund with as little as a $5,000 charitable donation, but typically funds are between $10,000 and $1 million.

Scholarship Fund minimums are $25,000.

Facing a large taxable situation (ex. sale of a company) Looking for tax credits (Education Tax Credits) Working on your charitable giving through your estate You want to simplify your giving You want to establish a scholarship or endowment You want to honor or remember a loved one You simply want to give back to the community you love

YOU CAN GIVE THROUGHOUT YOUR LIFETIME AND YOU CAN CONTINUE CHARITABLE GIVING IN PERPETUITY. INTERESTED IN EXPLORING GIVING OPTIONS? CALL US AT 540-432-3863 OR VISIT TCFHR.ORG

Why I Work with

The Community Foundation

"Brighter Future Mentoring Award identifies high school Juniors who desire guidance to help them navigate their pursuit of education beyond high school. The Kenee family has been so blessed in opportunities to realize our educational dreams. Providing this scholarship through TCFHR is one way where we can pay it forward. The Community Foundation has been a great partner for the Kenee family in helping selected youth to gain guidance to pursue their educational dreams beyond high school.

Together, we are 'paying it forward'."

- Dave & Carolyn Kenee, Donors

"In our planning conversations, we often discover that clients have strong charitable interests or desires. The challenge is that some clients with these interests may not know what organizations are working in their area of passion in our community or what a certain organization really needs to execute its mission. When this occurs, TCHFR stands ready to partner with us to help match the interest of our clients with areas of need in the community in a confidential yet extremely impactful way."

- Stephan Hess, CFP, CDFA Hess Financial

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LEAVING A LEGACY When you walk into Earlynn’s home, it takes a moment for your eyes to adjust. Earlynn made it very clear that she did not keep to one artistic style. She was always experimenting and exploring new ways to visualize concepts. “She didn’t follow any rules but the ones in her mind.” – Donald Albright, her partner. Earlynn harmonized functionality and art with the compositions of her living space. Earlynn thoughtfully considered every feature of her home. From the doors, to the light switches, to the tables, to the mirrors, she carefully designed every room to embody works of art whether by her or other artists.

As Earlynn traveled, she made a point to meet local artists she admired. Those meetings turned into collaborations and thus creation of more art. A metalworker in Lexington, VA built fantastical vine door handles and sink fixtures for Earlynn. A glassblower from New Mexico has their pieces hanging from her ceiling. Not to mention art works from artists at OASIS Fine Art and Craft dispersed throughout the home. They and many more artists around the world benefitted from befriending and working with Earlynn.

A key component to Earlynn’s home is the vast

view of the Valley. Windows across her home face west overlooking the mountains ahead and farmlands below. You can truly feel her appreciation for our region by picturing yourself coming home every day to that spectacular view.

Before her passing, Earlynn contributed to one more collaboration that would promote art and artists for generations to come. Earlynn’s innate conscientiousness and kindness, combined with her unquestionable love for our community resulted in the creation of three funds at The Community Foundation. On March 10, 2021, Earlynn established the funds: Earl J., Gwendolyn K. and Earlynn J. Miller Artist-In-Residence for Dance Fund Earlynn J. Miller Dance Scholarship Fund Earlynn J. Miller Fund for the Arts Like her relationships, her home, and her artwork, each Fund was beautifully crafted by Earlynn’s heart. The arts community will benefit from Earlynn's gift for many years to come. The Community Foundation thanks Earlynn for her selflessness and her friendship. To learn more about Earlynn’s established Funds at The Community Foundation, visit www.tcfhr.org.

MAKING A DREAM INTO REALITY:

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A COMMUNITY MEMBER'S STORY Several years ago I was introduced to the Dolly Parton Imagination Library (DPIL) while visiting Dollywood. I was immediately intrigued by the program and its goal to get books in the hands of every child under the age of 5. I had volunteered with HCPS and was familiar with the needs of the children in our city and just assumed The Imagination Library was available to our kids. By the time I found out about the program my kids were much too old to participate. Fast forward a few years to 2019 when my first grandchild was born in North Dakota, I knew right away that I wanted him to experience the joy and excitement of getting a book in the mail each month. I wanted him to learn to love books as much as I did and I wanted him to get the benefit of the carefully chosen books.

When I was signing Easton up for the program I realized it wasn’t available in every area. So I searched 22801 and was very surprised to see Harrisonburg had not enrolled in the program. I searched other close by counties and was surprised to see it was in Augusta County and Page Counties but not Harrisonburg or Rockingham. I dug more in to the website to see what it took to get the program started. I even reached out to DPIL and requested the packet to start the program. I started pondering how I could start this program in Harrisonburg, with the number of kids in the city it seemed to be a reasonable undertaking for a few people to handle. I was stuck on how I would raise the money. I am not a fan of public speaking or reaching out to ask for money, even for a program

I strongly believed could be life changing for many of the children in our community.

The idea of bringing this program to Harrisonburg sat in the back of my brain for a couple years until one day I was walking my dogs and I ran into Stephanne Byrd and I realized she would be a great resource to help me find a path forward. I emailed her the information and expected to get some suggestions on who I could reach out to for donations. I was shocked and so excited that Stephanne had done much more than that. She had taken the idea to TCFHR and TCHFR took this further than I ever imagined. TCFHR agreed to be the affiliate of DPIL for Harrisonburg AND Rockingham County. But even more than that, TCFHR’s vision of The Imagination Library as a community initiative involving a wide variety of community leaders, business, and volunteer organizations is brilliant. After many meetings and much research, the DPIL was approved by the board at TCFHR and is about to take off.

I had often seen the sign for the TCFHR while walking my dogs but I had no idea what the organization did for our community. I am incredibly impressed by this organization, its purpose, its outreach and its members. I am so proud to be a part of it in a small way. Thank you so much for bringing this incredible program to our community.

By: Christine Neary, Harrisonburg resident

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FINANCIAL INFORMATION July 1, 2020 - June 30, 2021 Financial Position Total Assets Agency Fund Obligations Remainder Trust Liabilities Other Liabilities

Total Liabilities Net Assets Statement of Activities

Total2020-21 Assets

2019-20

2018-19

$74,205,759

$54,691,642

$52,760,079

$7,517,846 $309,118 $47,931

$8,434,697 $260,671 $37,179

$8,800,174 $279,506 $26,034

$7,874,895

$8,732,547

$9,105,714

$66,330,864

$45,959,095

$43,654,365

2020-21

2019-20

2018-19

$15,142,068 $13,046,377 ($1,565,343)

$5,949,279 $1,701,607 ($502,488)

$10,095,789 $2,787,639 ($1,152,752)

$26,623,102

$7,148,398

$11,730,676

$5,974,121 ($304,509) $288,559 $227,246 $65,916

$5,063,889 ($797,885) $297,391 $204,716 $72,275

$6,899,370 ($1,084,871) $227,713 $212,417 $72,277

$6,251,333

$4,840,386

$6,326,906

---

($3,282)

($187)

$20,371,769

$2,304,730

$5,403,583

TOTAL ASSETS

Revenues Contributions and Other Support Investment Gains Less Agency Fund Activity

Total Revenues

TOTAL GRANTS

Expenses Grants Less Agency Fund Distributions Other Program Services General & Administrative Fundraising

Total Expenses Non-controlling interest - Eastham, LLC

Change in Net Assets

TOTAL CONTRIBUTIONS

The Community Foundation’s 2020-21 audit is conducted by BROWN, EDWARDS & COMPANY, LLP. The complete Financial Statements, with accompanying footnotes, as well as Form 990, are available for inspection at the Community Foundation office and online at www.tcfhr.org.

GIFTS BY YEAR $20,000,000

$15,000,000

$10,000,000

$5,000,000

$0

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

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2021 ASSETS BY FUND TYPE Public Project Fundraising $667,737

Others $1,882,625

TCF Discretion $1,089,575

ASSETS BY YEAR $74,205,759

Agency $7,517,846

$75,000,000

Field of Interest $20,509,203

$50,000,000

Donor-Advised $29,427,486

$25,000,000

Designated $7,408,132 Scholarship $5,703,155

$0

2021 GRANTS BY PROGRAM AREA

$121,591

Civic

$325,114

Historical Preservation Human Services Recreation

$79,538 $1,461,505 $350,630 $93,020 $996,778 $55,127

Scholarships

$750,662

Youth Human Services

$263,984

Grand Total

$2,500,000

$0

$5,974,121

2021 INVESTMENT POOL ASSET ALLOCATION

20 20 -2 1

Healthcare

$948,430

20 19 -2 0

Faith Based

$21,500

20 18 -1 9

Environmental Initiatives

$5,000,000

20 17 -1 8

Education

2020-21

$52,340

Arts, Culture

Disaster Relief

2019-20

$453,902

20 16 -1 7

Animal Related

2018-19

$7,500,000

20 15 -1 6

Agency Fund Distributions

GRANT

2017-18

GRANTS BY YEAR

20 14 -1 5

PROGRAM AREA

2016-17

The Community Foundation of Harrisonburg and Rockingham County P.O. Box 1068 Harrisonburg, VA 22803 540-432-3863 www.tcfhr.org

Confirmed in Compliance with National Standards for U.S. Community Foundations

STAFF

Mission

The Community Foundation of Harrisonburg and Rockingham County encourages giving through charitable funds, grant and scholarship programs, and bold initiatives that address the community’s needs.

Vision

Harrisonburg and Rockingham County is a place where its people and land prosper generation after generation.

Thank You

to our fund holders and the charitable individuals and businesses that support the work we do. We truly appreciate your continued support of our mission!

Amanda C. Bomfim Program Officer amanda@tcfhr.org Kristin Coleman Development Officer kristin@tcfhr.org Tammy J. Duxbury Director of Accounting tammy@tcfhr.org Amy E. Lemmons Grants Manager & Accounting Assistant amy@tcfhr.org Ann B. Siciliano Director of Program Services ann@tcfhr.org Revlan S. Hill Executive Director revlan@tcfhr.org