Our mission is to strengthen our community through philanthropy and leadership by connecting people who care with causes that matter. Letter from Board Chair and President / CEO ................................2 Financial Highlights ...........................................................................4 Fundholder’s Story: A Generation of Givers....................................6 Foundation Initiative: You’N-I ..........................................................8 Fundholder’s Story: A Gift of Love .................................................10 Legacy Society ...................................................................................12 Partnership Grant Program .............................................................14 Community Endowment .................................................................16 Donors ...............................................................................................20 Expanded Mission ......................................................................... A-B Board of Trustees .................................................................. Fold Out Grantees .............................................................................................28 Funds ..................................................................................................34 Scholarships .......................................................................................38 Professional Advisor Council ..........................................................44 Business Relationships .....................................................................45 Financial Statements.........................................................................46 Foundation Options Chart ..............................................................48 Philanthropic Advising Services .....................................................50 1 Oh What a Difference Th Thomas J. Hall, ll, Ch Chair, Board d oof Trustees and d Chris Askin, CSPG, CFRE, President and CEO Dear Friends, Welcome to the new Community Foundation of Western Nevada. Last year we hinted at changes as we began our evolution into launching resident engagement conversations to address some of the persistent challenges facing our community. We had great plans but hadn’t yet held our first convening nor chosen the first initiative. Through a process involving the Board and numerous people in our community, we started our new future with a focus on struggling and homeless youth ages 12-24 and aging out foster youth. The Youth Network Initiative or “You’N-I” has been extremely gratifying, involving more than 600 stakeholders including 90+ youth. We’ve moved to action quickly with the launch of an online resource directory of services, and more plans are underway. We’re also exploring exciting new opportunities for community impact including supporting the development of evidencedbased programs to increase effectiveness and to access new 2 a Year Makes! funding for the community. We are discussing Impact Investing to use some of our capital for local social and economic benefits in addition to investment income. We’ve also expanded the Board by adding terrific leaders who bring expertise as well as new connections through the local community and northern Nevada. It’s been a very busy 12 months. Our theme for this year is “The Community You Create,” and you’ll see this throughout the Annual Report as we focus on you and building new community collaborations and bringing together diverse stakeholders to address issues in new and creative ways. We are living our new core values, listed throughout the Report, and have also worked to strengthen our core services of philanthropic advising, working with families on their charitable legacies, and growing donor advised, scholarship, designated, and area-of-interest funds. We are profoundly grateful to the donors and professional advisors who have placed their faith in us and are honored to serve them and our community. As we look forward, we will continue important programs such as the 100% Giving Board Award, the Partnership Grantmaking program, free Financial and Estate Planning seminars and classes, and the High School Giving Circle. Now we can and will do more. Please join us and help us help the community. Imagine the community you would like and let’s make that vision a reality. We can become the community you create. Thomas J. Hall Chair, Board of Trustees Chris Askin, CSPG, CFRE, President and CEO 3 Financial Assets in Total $80 $70 $60 Millions $50 $40 $30 $20 $10 $ 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Assets by Fund Class 7% 1% 9% 44% 12% 27% Donor Advised ............................... $ 31,300,000 44% Designated .................................... 19,700,000 27% Endowments .................................. 8,400,000 12% Funds Held by Others .................... 6,800,000 9% Scholarships ................................... 4,800,000 7% Area of Interest ............................. 1,000,000 1% $ 72,000,000 4 2013 Highlights Grants Awarded $14 $12 Millions $10 $8 $6 $4 $2 $0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Grants by Program Area 4% 3% 5% 24% 6% 10% 12% 23% Note: In addition to Community Foundation funds, this chart combines grants that were awarded by funds held for others. These funds are reclassed for financial statement purposes. 13% Environment and Animals ..................$ 1,715,645 24% Education ............................................. 1,622,939 23% Children and Family ............................ 877,247 13% Community Development................... 837,175 12% Arts and Culture .................................. 673,836 10% Religious Institutions........................... 415,137 6% Human Services .................................. 352,176 5% Health .................................................. 310,191 4% Other .................................................... 214,260 3% $7,018,606 5 Generations Elizabeth Bowker and daughter, Susan Lynn. Three generations of Elizabeth Bowker’s family work with the Community Foundation to support their family values. Elizabeth Bowker, scientist, teacher, and family matriarch established a donor advised fund in 2008 and a scholarship fund in 2010. Susan Lynn, Liz Bowker’s daughter, referred her mother to the Foundation for help in carrying out her charitable goals. Liz is passionate about encouraging math and science education for girls and women, helping animals, and honoring veterans. She wanted to give anonymously, and the Community Foundation made that possible. The younger generation added water quality to the list of charitable areas supported by the donor advised fund. The family feels: It is important that families talk about supporting their communities and put their money where their mouth is—to do something meaningful or to help causes they believe in. This 6 of Givers. . . Susan Lynn with son, Buzz Lynn and daughter, Jennifer Lynn Thompson. is the first year that the grandchildren have participated in the decision making, and they are learning about the Foundation and how it works. The Foundation is an excellent teacher and source of information but encourages donors to contribute their own thoughts on giving. Since this is the first year of including three generations, we had a moderate learning curve. Each of us developed a list of potential organizations within Liz’s charitable interests. We asked the Foundation staff to help us find groups and people who wanted to help themselves. The Foundation provided research on organizational performance and the needs in the community. Family members emailed each other over preferences. Amazingly, we reached eager and easy decisions. It may not always be so, but it also fulfills a common hope of all families—that they can talk with each other and resolve differences. The Community Foundation can help families pool or leverage funds to maximize a gift, build funds, think about how to give and where to give, provide information and help understand selection processes as well as provide alternative ways to think about gifts. The Community Foundation is helping our family create a legacy of giving. 7 What Would If You Were Without For too many Washoe County youth life is a harsh and lonely struggle. You’N-I The Community Foundation is asking residents of Washoe County to work on the challenges and too often bleak futures facing unattached youth. The Foundation facilitated two community-wide convenings (gatherings) and made sure struggling youth were in the crowd for each convening and also participated in the steering committee. The key to the initiative’s success is listening to the youth and involving them in every step of the process. The first tangible outcome of You’N-I is complete. The Community Foundation has created RenoYouthNetwork.com m (RYN), an online searchable database base to help people le find ffind available services in Washoe County. RenoYouthNetwork.com is a dynamic database that learns key words such as “help,” “food,” and “baby” and brings up local services to address the need. RenoYouthNetwork.com is publicized to all high school and middle school students in Washoe County as well as local service providers. Thanks to a Community Foundation donor, an Americorps Vista volunteer has been hired to coordinate the Foundation’s initiative. You’N-I is all about collaboration, 8 You Do . . . Family and Alone? facilitation, and community engagement. Participants in the initiative are working together to change the situation for homeless youth. Discussions among community agencies have taken place about creating a downtown drop-in center. Other topics of exploration include youth transitional housing and a mentoring program. What Can You Do? Get Involved! 1. Call the Community Foundation and ask to be put on the stakeholders’ list so you will receive notices of meetings and project progress. 2. Follow us on Facebook. Facebook/YouthNetworkIntiative 3. Change comes at a price. Give generously to the Youth Network Initiative Fund. 9 Gift of Love for the Love of his Life Tommy met Bennie on a blind date. He almost backed out when he learned she was a Deputy Sheriff. Quickly his intimidation changed to infatuation and Tommy loved Bennie the rest of her life. His love for her endures today. A successful southern California businessman, Tommy Livoti retired in 1991. He and Bennie moved to Carson City where they returned to their church and began attending mass at St. Teresa of Avila. Bennie devoted herself to her faith and threw herself into helping the children of a mission school in Appalachia. Tommy was impressed with her example and became a more charitable person. Bennie Livoti died June 16, 2006. In August 2007, Tommy walked into the Dog House bar in Carson City and began the next phase of his life. At the Dog House he met his close friends, Mike, Mooch and Big Ernie. The four friends enjoy camping, hunting, and fishing together. Tommy still yearns to catch the Big Brown to complete his bucket list and remains active with his church. Tommy worked with his attorney and the Community Foundation to establish a scholarship for the children of St. Teresa of Avila School and will leave his house to the Community Foundation so the religious clergy of St. Teresa’s may live in it. I am happy because the burden is off me to organize my estate. I am very relieved and pleased. I can sleep at night without Bennie telling me in my dreams, “Get on with the plans and make sure our money is put to good use.” Right now I am 10 playing hard with dear friends. I am older and in good health. Life is good. I cannot spend what I earned; it feels good to help these kids. Legacy society members like Tommy are the catalysts for Community Foundation growth and impact. Your reason may be uniquely personal, but your gift will touch generations of Nevadans. Sample Bequest Language Including a bequest to the Community Foundation of Western Nevada as part of your estate plans is easy. Ask your legal counsel to include the following statement: I give and bequeath_________________________________ (amount, percent of estate or description of property,) to the Community Foundation of Western Nevada. Options: n This gift is given to the________________________ (name of fund) at the Community Foundation of Western Nevada. n This gift will establish a permanent endowment fund known as ________________________ devoted to support the following charitable causes_______________________. n This gift is given to the Community Fund. 11 Legacy Society Anonymous Regina L. Dunbar George and Mary Aker Conrad and Kathy Evans Elaine Alexander and Robert Moore Debra Finnell Steve Finnell Robert and Sallie Armstrong Karen Y. Foissotte Jane Kimberly Becker Martha Gould Roger A. Bergmann Robert and Monica Hemsath Dave and Janet Bingham Mary Bisoni David E. Book and Lucy A. Moreton-Hall Fred and Jane Boyd Cameron Clarkson Jim and Suzy Davenport Shayne Del Cohen Arthur and Shirley DiSalvo Judy Humphrey and Marc Whitten Bruce R. and Nora James David and Deedee Jenson Beverly Johnson and Curt Frank Paul M. and Janet Laxalt Tommy Livoti Cary Lurie Connie Mantini Sheri L. Masini 12 Mary McGrath Jack Randall Sue McIntosh and Steve Jones Julia Ratti and James Cavanaugh Dieter and Hettie Meun Phil and Jennifer Satre Elizabeth Mollath Patti Snyder Maureen Mullarkey Larry D. Struve Enid Oliver George A. and Arlene Summerhill Alfred J. and Lola Ouska Lilli Trinchero Frank and Kay Partlow Jeff and Tracy Turner Susanne Pennington Maurice White James L. and Gail Pfrommer Jill M. Winter Rosalie K. Quesnoy William B. and Vivian Lee Wright Alice Ramlow Julie F. Young Remembered Dr. Robin S. Ballantyne John Snyder Beth Miramon Jeff and Geneva Springmeyer Rachel L. Mould Nadine Stegelmeyer 13 Partnership Game Changing Grants Widening Expectations Partnership Grants are the Community Foundation’s annual discretionary grants. This is a PARTNERSHIP highly competitive program eliciting grant applications from organizations large and small across the state. The grant selection committee selects winning organizations on the basis of their critical nature to the community and the impact of their programs. GRANTS After challenging nonprofit agencies to match their Partnership Grant, the Community Foundation was surprised and delighted with the grant results. The ten nonprofit organizations raised more than enough contributions to make their match an average of five times over. Raising money is a struggle for all nonprofits. These organizations used their Partnership Grant match to excite current donors and as a way to approach prospective donors. 14 Grants 2013 Partnership Grant Results are About Much More than Money They are about collaboration, citizen engagement, and creative impact. Sierra Association of Foster Families’ tutoring program combines daily tutoring in students’ foster homes with mentoring, while substantially raising their grades and academic achievement. This program improves the lives of these vulnerable children. Community Chest engaged the community of Virginia City to re-open their community library, making new friends and growing community engagement and pride. Partnership Grants raise the level of fundraising, deepen the engagement of donors with their community and their favorite nonprofit organization, and create new collaborations of ideas and programs that make our community a better place to live. 2013 Partnership Grant Winners Austin’s House Black Rock Solar Community Chest Communities in Schools in Nevada FISH (Friends in Service Helping) Holland Project Nevada Health Centers Safe Haven Rescue Zoo Sierra Association of Foster Families Veterans Guest House 15 The Music but the Beat Goes On Community Endowment Everybody loves a parade. The Artown parade you join with your grandson probably sounds and looks different than the parade you watched with your granddad. Time passes, needs change and our Nevada communities evolve. Your gift to the Community Endowment is a gift from one generation to the next. The Community Endowment is a permanent regional fund that will enable the Community Foundation to really help in times of crisis. Your gift will make it possible to address deep problems that take time and money to change. We have no way of knowing what challenges our children and grandchildren will face 16 Changes, Photo Courtesy of Jon Harrison 20 years from now, but the Community Endowment will always be relevant, important to our region and, most of all, available when needed. You have contributed so much to build this community. So has the Community Foundation. Energy and evolution is perking in the Truckee Meadows. Through leadership and philanthropy we can help create the community where our grandchildren will want to live. The time is right, the goal is ambitious, our community is ready and waiting for you, and for us, to step up. Leave a bequest to the Community Endowment. We need your help to create a versatile force for good, forever. 17 Your gift. . . A Reflection of Your 18 Values for All Time Community Foundation Donors Care about Keeping Nevada Wild and Wonderful Fundholders recommended a grant to help Nevada Land Trust purchase 359 privately owned acres in the Carson Valley. The land will be saved from development for generations to enjoy its beauty and preserve important grazing land for Mule Deer. Other projects facilitated by the Foundation are the acquisition of land in Tahoe Meadows, a gift to help the Carson Valley Trails Association, and work with Nature Conservancy to preserve the Carson Valley River Fork Ranch. Are you interested in preserving the special places in Nevada? We can help find a project you can plant your boots on. 19 Amplify Broaden Develop We are responsible stewards of resources entrusted to us. Thank you to our Donors who gave a gift to a fund or a donation to a Community Foundation program. 2000 Burgers, LLC The Abbi Agency Adams, David M. Adams, Jessica Adams, Rebecca Ahearn, Dan Albright, Deane A. Aldax, Gary Allen, Patrick J. Alonso, Michael and Christine AmazonSmile American Heart Association Anderson, Eric and Lindsey Anderson, Roger “Andy”, Estate Andrini, Renee Anonymous Armstrong, Robert and Sallie Askin, Christopher and Ann Associated Wholesale Grocers, Inc. AT&T Nevada AVA Logistics, LLC Avansino, Melarkey, Knobel, Mulligan & McKenzie Barlow, Charde Barrick Goldstrike Mines, Inc. Bartella, Joshua Bartlett, Kathie Becker, Jane Kimberly Belaustegui, Felvia Bellin, Lynnette Belz, Jeanette Bennett, Ann-Louise Bennett, Marilyn Berge, Christopher K. Bergmann, Roger A. Bernard Family Trust Biehle, Beth Bingham, Dave and Janet Bjur, Richard and Cleve Black, Greg and Carina Blanke, Helen M. Bledsoe, Ching Bledsoe, Sandra Bowker, Elizabeth Boyd, John and Lisa Boys and Girls Club of Truckee Meadows BP Fabric of America Fund Brady, Allen H. Bremer, Marilyn Brett and Karen Coleman Foundation 20 Bretzlaff Foundation Brower, Senator, Greg and Loren Brownell, John Brown, Randy J., CPA Bybee, Charlene T. Byrne, Dean Cafferata, Elisa P. Calamusa, Katy Califano, John L. California Sierra Express, Inc. Carano, Mr. and Mrs. Don Carlson, Severin Carpenter, Chase Carr, Katherine Casey, Michael J. and Nancy Cashell, Robert A. and Nancy C.C.M.G., LLC Center for Spiritual Living Chaffin, Kim Chase, Shari Chisel, Robert and Gigi City of Reno Clarke, Sharon A. Cobb, Ryan W. Cobb, William and Cathleen Cole, Tara-Marie College of Southern Nevada Board of Regents Community Multisport Events Confidence Foundation Conner, Jeffery M. Cooke, the Honorable Valerie P. and Jamie Felten Cordes, Gary and Tina Correlli, Josh D. Cronin, Maura Crowley, Joseph Crowley, Margaret Crowley, Stacey Cunningham, Steve and Mary Czarnik, Becky Daly, Richard Dang, Tam Dapra, David, M.D. and Joycette Davison, Brooke Davis, Catherine Day, Phyllis M. Dear, Elizabeth A. Deeds, Brad Delossantos, Erin Derby, Jill Derevianko, Andrei P. Dermody, Michael Dickson, Rebecca Dougherty, Robert Drake, Ralph and Barbara Drake, Daryl E. Drakulich Realty, Inc. Draper Family Foundation Drendel, Thomas E. Dunbar, Regina L. Duque, Steven J. Duraflex International Corporation Durney, Martha L. E.L. Cord Foundation Edward D. Jones, LP - Maryland Elliott, Mendy Elzy, Pat Empey, Caitrin Etem, Craig Evans, Ann B. Evans, Patricia Evans-Jostmeyer, Rhonda Ferris, Gary A. and JoAllan Fey, Christine A., AICP Fitzgerald, Luke R. Food Bank of Northern Nevada Foster, Heidi A., CFP Frank, Steve and Lillian Fredericksen, Judy Friends of Washoe County Library FTC v. INC21 Galena High School Gallagher, Thomas E. Gannett Foundation Fund at Rochester Area Community Foundation Gaw, Kris Geddes, David L. Gibb, Joan Golden Route Operations Northern Granata, Gary Grand Canyon University Marketing Department Grand Chapter of Nevada Order of the Eastern Star Graves, Anja Gray, Matthew Greenblat, Dylan Hadley, Marilyn Hall, Thomas J. and Peggy Hall Family Trust Hallerbach, Jacqualine Halley, Sherry Hansen, Luanne Hartpence, Vic and Leanice Harter, Carol C. Harvey, Alison Hayes, Ben Health Access Washoe County – Outreach Medical Clinic Hendricks, Daylene G. Hernandez, Emily Hicks, Amy Himmelright, Paul Hinderks, Larry and Stacy Holmes, The Honorable Dorothy N. House, James L. Houston Smith, Lori P. Humphrey, Alan E. Humphreys, Rob and Gail Huntington Learning Center Hutchens Herefords It’s My Community Store, LLC J A Solari & Partners Jamerson 212, LLC James, Susan E. Jessie Beck Elementary School JK Belz & Associates, Inc. Johnson, Shelley Joseph, Azad and Roxie Joseph, James F., CPA Juicy’s Giant Hamburgers Kahl, Janet C. Kanigher, Amy Kapahee, Corey Kaprielian, Barbara D. Karraker, Col (Ret) Perry Kehres, Margaret P. Kendyl Depoali Middle School Kennedy, Brian and Nancy Kern, Diana Khatri, Rahul Kiehn, Beth King, Craig Kinne, Mary Kay Kladney, David Klaich, Robert L. and Laura Kleiner, Edgar F. KLS Planning Knippel, Randolph KNPB – Channel 5 Korean Association of Reno Korean War Veterans Association, Carson City Chapter 305, Inc. Kost, Russel Kwapich, Stephen F. Lakeside Animal Hospital, Ltd Lancing, Judy Lapan, Ariya Lauducci, August Lawson, Ed Lee F. Del Grande Foundation Lee, Dong-Joon (DJ) and Hannah Lee, Devrin Leonette Foundation Leslie, Michael and Tina Lillaney, Jill Lindsay, Gloria M. Lish, George E. Livoti, Tommy Lockyear, Brett Lorton, George E. Lovell, Jim C. Loy, Brian Luce, Brian LUKA NV, Inc. Lumina Foundation Lumos & Associates Lurie, Cary Lutheran Church of the Good Shepherd 21 Increase Outspread Grow We operate with integrity, transparency and credibility. 22 May Arboretum Society Madole, Diane Magee, Max Magrath, William and Judith Mahoney, William Maiss, Alan S. Manatt, Phelps & Phillips, LLP Manley, James Margaret E. Oser Foundation Marks, Charles Marlowe, Marjorie B. Marren, James, CFP Mr. and Mrs. Francis J. Marsala Martinez, Jack Martinez-Hoffman, Magda and Alan Hoffman Mayor Martini, Geno and Ruth Martin, Lyle and Sue The Marybeth M. Lamb Foundation, Inc. Mast, Marni Charles N. Mathewson 2005 Charitable Lead Annuity Trust Number Five Maupin, Ernest and Catherine McDonald Carano Wilson, LLP McDougald, Kathleen E. McFarren, Sandra McMillen, Donald and Francine McMullen, Joseph R. MCZC, LLC Mensing, Maureen J. Mentzer, Stan and Teresa Meun, Dieter and Hetty Microsoft Matching Gifts Program Miller, Mr. and Ms. William F. Miller, Ross Mills, Thomas A. and Priscilla Monroe-Schuler Foundation Mooney, Patrick M. Morgan Stanley Smith Barney, LLC Morgan, M.D. Jay K. and Sherry Morgan, D. J. Morgan, Don L. and Rita Mortara, Pam A. Mt. Rose Development Co. Muckel Anderson CPAs Muhonen, Gary and Sher Munns, Wayne R. and Marjorie Murrieta’s Mexican Food & Sports Bar The Nature Conservancy Nebel, Daria Neumann, Renate Nevada Humane Society, Inc. Nevada Land Trust Nevada System of Higher Education – TMCC Nevada Veterinary Medical Association Nichols, Jim and Jane Northern Nevada Muslim Community Center Northern Nevada Math Council Note-Able Music Therapy Services Novacek, Stephen V. NV Energy NV Energy Charitable Foundation Objective Standard O’Connor, Patrick Oling, Sondra Olson, Ronald L. Oseguera, Miguel A. O’Sullivan, Susan Pagni, Roland Pang, Amy Parish, Craig Parke, Elizabeth A. Parker, Kristie Parker, Pete and Heidi Pass, Brandy Pau-Wa-Lu Middle School Payne, Jesse Peltier, Therese Pelto, Andrea Peppermill Hotel Casino Pereyra, Edwin M. and Judith Pfrommer, Gail and James Pincolini, Richard and Mary Plato’s Closet Pokroy, Michael and Joan Pristow, Judith A. Pryor, Corinne Rafferty, Thomas and Michelle Rahn, Charles Ramsey, William Ratti, Julia and James Cavanaugh Raulinaitis, Shirley Razoo Foundation Rearden, Pamela B. Reban, Alicia and John Sherman Reno Air Racing Foundation Reno Central Rotary Club Foundation Reno Chamber Orchestra Reno Firefighters Assn Local #731 IAFF Reno High School Reno Pops Orchestra Reno Rendering Company Reno-Tahoe Young Professionals Network Renown Health R H Parker/United Foundation Richards, Jennifer Ringer Dawson, Marie Rinker, Stuart B. and Toni Rivera, Reena Robert R. Banks Foundation Robison, Kent R. Robison, Konner Rodriguez M.D., Gerardo and Elizabeth Rodriguez, Nancy Roe, Barry Rogers, Amy DONORS Rogers, Beverly Rose, William Rude-Willson, Janice and Prentiss Willson Sarah Winnemucca Elementary School Sass, Jillian Satre, Phil and Jennifer Satterwhite, Kelli S. Scheetz, Eric Scheibner, Scott A. and Laurie Schieve, Hillary Schneck, Gary Schultz, Vicki P. MBA, CFP Schwab Charitable Fund Scott, Richard N. and Sharon Seaver, Bruce A. Selby, Lauren Sertic, Jewel Seven Seas Restaurant Group, Inc. Seymour, Kerry Shadek, Deborah Wetzel Sharp, F. DeArmond and Joyce Shelton, May Sagawa Sheridan, Richard J. Shipman, Bruce and Nancy Sierra Arts Foundation Sierra Nevada Media Group Simms, Pat Sjoberg, Ginny SKNV, LLC Smith, Debbie Smith, Ron M.D. and Linda Smith, Ron Smith, Shawn S. Smith, Steven Smith Sr., Wayne B. and Jane Snitselaar, Barbara Snyder, Patti SolarReserve Sons of Italy Sorenson, Susan Spanish Springs High School Sparks Christian Fellowship Sparks Legends Development, Inc. Spatz, Lisa Sperber, Arthur J. SpineNevada, Ltd. Springmeyer, Geneva, the Estate of Sprinkle, Mike State of Nevada Stave, Richard T. Stevenson, Kendra Stewart, Lachlan and Margaret Struve, Larry D. System Consultants, Inc., (SCI) Tarble, Earl Tholl, Terry Thomas, Gay D. Thomas, Michael Thomas P. and Thelma B. Hart Foundation Thornton, Bernice Thrivent Financial for Lutherans Timmons, Sara Tirre, Amy N. Tonopah Library District Town of Tonopah Townsend, Senator Randolf J. Traner Middle School Trinchero, Lilli Truckee Meadows Community College Foundation Truckee Meadows Water Authority Tucker, Christine L. Turner, Josephine Turner, Jeff and Tracy P., PhD Turville, Lash F. and Gigi Dermody Tustin Educators Association Tschanz, Melissa United Way of Northern Nevada and the Sierras University of Nevada, Reno - Nevada System of Higher Education US Granite Nevada USO of Metropolitan Washington Valenzuela, Reginald Valley of the Sun United Way Valmonte, Father Art Van Dorn, Janet Virginia M. Mansfield Trust Wagner, Alyssa Wait, Scott T., CPA Walker, Charles E. Walker, Thomas J. Walker, Jill Warren, Edwin S. Washoe County School Police Officers Association Washoe Education Association Watson VI, James S. Watts, Debra Wayne, Carl Webster, James G. III and Karlene Webster, Ranson and Norma Weinberg, Barbara B. Weiss, Alan M. and Sharon Weitz, Kathleen S. Wells Fargo Bank N.A. of Nevada Welmerink Orthodontics, PLLC Wendt, Shelley Western Nevada Supply Whipp, Roberta Wilbanks, Sam and Kim Wilson, Tim Wilson, Mary Anne Winnemucca Publishing Wirtz Beverage Nevada Reno, Inc. With My Own Two Hands Wong, Conrad Yamada, Howard and Nette York, Marilyn D. Young, Alvin W. Zadra, Sharon Zarubi, Dennis R. and Jocelyn Zen G Investments, LLC Zideck, Ronald R. Zola, Sarah Zunino, Madeline 23 Listening to Asking You to Speak Up Photo Courtesy of Debbie McCarthy 24 Someone’s Life and Forever 25 27 Bolster Spread Unfold We are a results-oriented organization, committed to excellence. The Eddy House is a non-profit organization that provides supportive residential housing to young adult males who have aged out of the foster care system. When a resident “graduates” from the house, the Eddy House goal is that he will have an educational degree or trade certificate, bank account, life skills, job resume and job skills. Organizations that Received Grants AdvoCATS, Inc. Air Force Museum Foundation, Inc. Airborne and Special Operations Museum Alexandria House Alexandria Township Historical Society Animal Ark Assembly of Turkish American Associations Assistance League of Reno-Sparks Autism Speaks Big Brothers Big Sisters of Honolulu Big Brothers Big Sisters of Northern Nevada Bishop Manogue High School Black Rock Solar Boy Scouts of America Orange County Council, Inc. Brandon Sports and Aquatic Center BuildOn Cafe DeLuxe, LLC Carondelet Foundation Carson Valley Children’s Center (dba Austin’s House) 28 Carson Valley Trails Association Casa de Vida Catholic Charities of Northern Nevada Cazenovia College Challenger Learning Center of Northern Nevada Circle The City Cistercians of the Strict Observance in Massachusetts, Inc. Committee to Aid Abused Women (CAAW) Communities In Schools of Northeastern Nevada Community Chest, Inc. Community Foundation of the Lowcountry, Inc. Corbett Elementary School Crisis Call Center Diocese of Reno Disability Rights Advocates for Technology E.L. Cord Foundation Child Care Center Earthjustice GRANTEES Volunteers help unload a Christmas tree for recycling. Trees were recycled into mulch to be used in area parks. In 2014, Keep Truckee Meadows Beautiful celebrates 25 years of stewardship in Northern Nevada. KTMB provides an alternative to litter and illegal dumping through education and cleanup projects in the Truckee Meadows. Eddy House El Centrito Family Learning Center Elev8U Entrepreneurship Nevada ESL In-Home Program of Northern Nevada Family Promise of Beaufort County Feed the Children, Inc. Feeding Pets of the Homeless Fisher House Foundation, Inc. FISH-Friends in Service Helping Florence Drake Elementary School Fraternity of the Desert Bighorn Fritsch Elementary School Great Reno Balloon Race Greater New York Councils Boy Scouts of America Halo for Freedom Warrior Foundation HDI, Inc. Heifer Project International Hose Company Number One Borough of Little Ferry, NJ Housing Authority of the City of Reno I Can Do Anything Charter High School Immunize Nevada Independent Institute, Inc. Injured Marine Semper Fi Fund International Myeloma Foundation International Society for Individual Liberty Inc. Jefferson Avenue Baptist Church Joshua L. Anderson Memorial Scholarship Foundation Keep Truckee Meadows Beautiful Kenyon College Kiddie Hawk Air Academy Kids, Inc. La Caridad, A Valmonte Foundation Lakeland Grace Academy Leukemia & Lymphoma Society Lexington Institute Life Quest Transitions Lucile Packard Foundation for Children’s Health Lutheran Church of the Good Shepherd Lutheran Social Services Lyon County School District Mar Vista Elementary School Mercy Education Project Mercy High School 29 Swell Enlarge Heighten Reno Little Theater provides a setting for people of all backgrounds to learn about live theater. Over the years, Reno Little Theater has offered adult and grammar school drama classes, play-writing competitions, a children’s theater, and over 470 on-stage plays. Reno Little Theater has also taken its productions from the main stage to Reno parks and to other Nevada communities. The theater offers a variety of plays each season, including musicals, comedy, mystery, suspense and drama. Monterey Bay Aquarium NARCONON of Oklahoma, Inc. National Judicial College National Multiple Sclerosis Society Southern California and Nevada Chapter National Trust for the Humanities National Wildlife Federation Nevada Bighorns Unlimited Reno Chapter Nevada Diabetes Association Nevada Health Centers, Inc. Nevada Veterinarian Medical Assoc. Scholarship Nevada Women’s Fund North Carolina State University Foundation, Inc. North Central Nevada Historical Society Northern Nevada Chapter, American Red Cross Northern Nevada Children’s Cancer Foundation Northern Nevada International Center Northern Nevada Literacy Council Northern Nevada Muslim Community Center 30 People First Foundation Planned Parenthood Mar Monte Pleasant Valley Elementary School Procter R. Hug High School Re/Max Premier Properties Red Hook Initiative, Inc. Reed High School Reel Recovery Reno Little Theater Reno Rodeo Foundation Renown Health Foundation Ronald McDonald House Charities, Northern Nevada Ronald McDonald House of San Francisco Rosies Place, Inc. Rotary Club of Sparks Rush University Medical Center Safe Haven Rescue Zoo Saint Gregory the Great Catholic Church Saint Mary’s College of California Saint Robert Catholic School Salvation Army - Reno NV Save A Connie, Inc. Sertoma International Sponsorship Fund GRANTEES Reno Aces Mascot, Archie, visits kids living at the Volunteers of America Reno Family Shelter. In the Greater Reno area, VOA operates three shelter programs and an affordable-living apartment complex for seniors, as well as a seasonal emergency winter shelter. ReStart program serves the homeless with mental illness. The 108-bed Family Shelter is one of three VOA-operated shelters at the City of Reno’s Community Assistance Center in downtown Reno. The Family Shelter is comprised of 21 units for adults and children. More than 450 men, women and children in the Greater Reno area currently sleep under a roof provided by Volunteers of America. Sierra Arts Foundation Sierra Association of Foster Families Sisters of Saint Joseph of Carondelet Sons of Italy Soroptimist International of the Americas South Reno United Methodist Church Sparks High School State of Nevada - Office of Treasurer Step 2 Tahoe-Pyramid Bikeway Taylor Elementary School Thunderbird Lodge Preservation Society Tragedy Assistance Program for Survivors Tree House Humane Society Trinity Cathedral Truckee Meadows Community College Foundation U.C. Davis Foundation University of Colorado Foundation University of Nevada, Reno USA Diving, Inc. USAFSS ESC Association Memorial Fund Volunteers of America Washoe County Department of Juvenile Services Washoe County Honorary Deputy Sheriff’s Association Washoe County School District Washoe County Search & Rescue, Inc. Washoe County Second Judicial Court-Family Division Western Nevada College Foundation Wildlife Conservation Society Women and Children’s Center of the Sierra Wooster High School World Wildlife Fund, Inc. Wounded EOD Warrior Foundation Young at Heart Senior Citizens Club Grants to individuals are made from the Family Court Judicial Benevolent Fund for Children and the Homeless to Homes Fund. The privacy of these individuals is respected. 31 Innovative Create New Funding Streams Photo Courtesy of Nevada Department of Wildlife 30 32 Partnerships Nearly $1 Million to Help Nevada’s Wildlife Nevada Dream Tags Fund receives its money through a special hunting tag raffle each year in July. The proceeds from this raffle are used to help rehabilitate wildlife habitat burned by wildfire and protect vulnerable wildlife through water projects. The Community Foundation manages the Fund and accepts grant applications yearround from nonprofit, educational, and governmental organizations. Details at www.nvdreamtag.org 31 33 Widen Multiply Unfurl We are committed to valuable service to our community. 34 Funds of the Community Foundation These funds, established by the Community Foundation Board, support Foundation programs and initiatives. COMMUNITY ENDOWMENT Supports the Foundation’s mission to meet the various needs of people in northern Nevada. See pages 16-17 for details. COMMUNITY FOUNDATION OPERATING FUND Supports all core expenses including the initiatives. To support You’N-I, please give to the operating fund. COMMUNITY PARTNERSHIP GRANTMAKING FUND Supports the Foundation’s annual competitive grant program. Grants are given to a wide variety of charitable organizations doing vital and often unrecognized work. HIGH SCHOOL GIVING CIRCLE FUND Supports the Foundation’s High School Giving Circle grants. BE INSTRUMENTAL ARTS ENDOWMENT Provides a permanent source of revenue for operating support, capital improvements, creation of new works and continued access to the arts by all residents and visitors. YOUTH ENDOWMENT Supports our region’s youth. Grants are made at the recommendation of the Board of Trustees. Gifts in any amount to these Foundation funds are used to strengthen our community and are always appreciated. FUNDS Donor Advised Funds Funds established by individuals, families, and organizations offer flexibility, tax benefits and convenience. Donor Advisors decide where and when to recommend grants. Family may name grandchildren as successor advisors. Minimum gift to establish a fund is $10,000. Robert and Sallie Armstrong Charitable Fund Friends of Nevada Wilderness Endowment Chris and Ann Askin Charitable Fund NEWT Christian Fund Jack and Jane Becker Charitable Foundation Nichols Family Charitable Fund Bergmann Family Fund Ozmen Foundation Berry Family Charitable Fund Edwin and Judith Pereyra Charitable Foundation* Charles E. Bertolina Charitable Trust Bingham Charitable Fund Don and Rhonda Carano Charitable Fund* Charney 1996 Trust Charitable Fund Shari Chase Fund* Coast to Coast Foundation Crone’s Coin Charitable Fund Dees Family Charitable Fund Shayne Del Cohen Charitable Fund Denzler Family Charitable Fund EWB Fund Family Court Judicial Benevolent Fund Fredricksen Green Foundation Freedom Charitable Fund Mark and Clemencia Glenn Foundation Great Basin Exploration Center Obscure Destinies Charitable Fund* Douglas and Cynthia Petersen Charitable Fund Steve and Stephanie Petersen Charitable Fund Pokroy Family Reno Fund* Roger B. Primm Family Charitable Fund Professoressa Charitable Fund Senator William J. Raggio Charitable Fund Rebecca’s Fund Reno Central Rotary Club Foundation City of Reno, Charitable Foundation RGJ/YPN Twenty Under 40 Initiative Fund* Satre Family Fund BJ and NL Shipman Family Foundation K&K Grimm Family Fund Ron and Linda Smith Donor Advised Fund Hall-Prescott Family Fund Michael and Karren Smith Family Fund Hinderks Family Foundation Cristoforo Colombo Lodge 1534 Reno Sons of Italy Organizational Fund Bruce and Nora James Family Fund Kassity Family School Fund Brian and Nancy Kennedy Foundation Jerry Krulevitch Charitable Fund* Jack and Shanaz Langson Fund Laurenson Family Fund Terri & Gray Levy Charitable Fund Tommy and Bennie Livoti Wellness Charitable Fund Sullivan and Taylor Charitable Fund Sullivan and Taylor Family Foundation Tappan Family Memorial Fund Lilli Trinchero Celebrate Diversity Fund Lilli Trinchero Charitable Fund Truckee River Fund Lash F. & Gigi Dermody Turville Foundation Lurieland Foundation Bart Webster Charitable Fund Lutheran Church of the Good Shepherd Capital Campaign Fund Jim and Karlene Webster Family Fund Ranson and Norma Webster Foundation Lutheran Church of the Good Shepherd Non Agency Fund Western Nevada Supply Charitable Fund* Robert and Gloria McDonald Family Fund Geoff and Sally White Charitable Fund Mortensen Nevada Historical Trust Fund Emily Jane Wilbanks Memorial Fund Muhonen Charitable Fund Zonta Club of Greater Reno Fund Nevada Discovery Museum Fund Zurek Family Charitable Fund *New Fund 35 Flourish We foster innovation, collaboration and imagination. Designated Funds These funds, which may be set up by individuals or organizations, support a specific nonprofit organization or mission. 360 Blueprint Fund* Endowments Funds that are endowed last forever. Endowment funds may be established by organizations for their own behalf or by families to support an area of interest or favorite charity or as a memorial to a loved one. Dr. Robin S. Ballantyne Trustee Fund Jack Montrose Bobbitt Endowment for Children Dora De Anderson Endowment Dixie Bradshaw’s Principal Fund Care Chest Endowment Community Aquatics Fund The Community Nutrition Education Endowment Chantal Claire Hager Charitable Foundation Dream Tags Charitable Fund Kenny Guinn Center for Policy Priorities Fund Evangeline Grant Memorial Music Endowment Fourth Ward School Endowment Robert E. Kendall Fourth Ward School Endowment Immunize Nevada Fund* Great Basin Outdoor School Endowment It’s Your Money / Legacy Fund Bruce R. James Foundation Endowment Gene and Betty Kopfhammer Fund* Keep Truckee Meadows Beautiful Endowment Open Stretch Homeless to Homes La Caridad, A Valmonte Foundation, Inc. Fund KNPB Endowment* Last Chance Joe Fund* Krulevitch Family Endowment* Lutheran Church of the Good Shepherd Charitable Gift Annuity Fund Mansfield Endowment for the Benefit of the Nevada Humane Society Mary’s Foundation for Caring* May Arboretum Endowment* Mustang Heritage Foundation Fund Marilyn R. Melton Endowment for the Humanities Maison Ortiz Fund Maison T. Ortiz Memorial Fund Renown Health Philippine Aid Fund City of Reno, Foundation Fund Plumas Park Playground Fund Reno Police Foundation - Hashimoto Widows and Orphans Fund Reno Philharmonic Fund Reno Rebuild Project Fund Raymond C. Rude Designated Fund to Benefit the US Diving Foundation Eugene Mortara Memorial Endowment Nevada Land Trust Endowment Note-Able Music Therapy Services Endowment* Margaret E. Oser Endowment for Women Reno Chamber Orchestra Endowment Reno Family Shelter Endowment Reno Little Theater Endowment Reno Philharmonic Endowment Robby Schlesinger Foundation Fund* ReStart Endowment Scholastic Gateway Charitable Fund SAFE Endowment Senior Alliance for Support Services Fund* Sage Ridge School Endowment David Shaw-Kennedy, III Fund* Sierra Nevada Water Polo, Inc. Fund* Tonopah Community Fund Tonopah Historic Mining Park Fund Tonopah Library Fund David Wallace Legacy Fund Susanne & Gloria Young Foundation 36 Frank Bender Charitable Endowment Officer Mike Scofield Memorial Endowment Springmeyer Charitable Endowment Foundation Lilli Trinchero Celebrate Diversity Endowment Trinity Episcopal Church Endowment Veterans Guest House Endowment The Washoe ARC Endowment FUNDS Jim and Karlene Webster Family Endowment Tommy and Bennie Livoti Saint Teresa of Avila Endowed Scholarship Zonta Club of Greater Reno Endowment Dieter and Hedwig Meun Endowed Scholarship Girl Scouts of the Sierra Nevada Agency Endowed Fund Kidview, Inc. Foundation Agency Lassen Land and Trails Trust Endowment Lutheran Church of the Good Shepherd Endowed Agency Fund Nevada Humane Society Endowed Agency Fund Nevada Humanities Committee Agency Endowment Nevada Military Support Alliance Fund Nevada Museum of Art Agency Fund RenoCares Fund* Ronald McDonald House Charities, Northern Nevada Trinity Episcopal Church Endowed Agency Fund United Way of N Nevada and the Sierra Endowment General Fred Michel Careers in Aviation Scholarship Nevada Veterinary Medical Association Scholarship Northern Nevada Youth Scholarship NV Energy Powerful Partnerships Scholarship Diane Olds Memorial Education Scholarship Read With Me Scholarship Endowment Reno Central Rotary Scholarship Reno Pops Orchestra Scholarship Endowment Philip & Jennifer Satre Harrah’s Employee Scholarship Officer Mike Scofield Memorial Scholarship Endowment Serendipity Scholarship* United Way of N Nevada and the Sierra Donor Designated Agency Endowment Ron & Linda Smith Family Scholarship* Friends of Washoe County Library Second Century Endowment Eugene F. and Nadine G. Stegelmeyer Endowed Scholarship Nicole Snyder Memorial Scholarship Soroptimist IGU-Nepal Scholarship John R. Stockman Scholarship Scholarships A personal way to change the future. Scholarships are permanent, endowed funds for financial aid. You may choose to fund a particular school or course of study. Minimum amount to establish a scholarship fund is $50,000. Alan G. Bain Initiative in Science or Math Endowment Matt Bartlett Memorial Foundation Jack and Jane Becker Medical School Scholarship Orville Belding Memorial Scholarship Endowment Peggy Bowker Memorial Scholarship for Women in Engineering Kendyl Ruth Williams Depoali Memorial Scholarship Ezzysgift Fund* Hispanic Heritage Day Nursing Scholarship Clarence “CJ” Jones Memorial Scholarship William and Martha Karraker Scholarship Endowment Kennedy Foundation Scholarship Tonopah Community Endowment Emily Jane Wilbanks Memorial Scholarship Claudine Williams Harrah’s Las Vegas Employee Scholarship Zonta Club of Greater Reno Scholarship Supporting Organizations Raymond C. Rude Supporting Foundation Fund Trust Funds Gwenevere F. Leonard Charitable Remainder Uni-Trust Charitable Gift Annuities Your Community Foundation administers seven gift annuities that will benefit children in Carson City, the Reno Philharmonic, and the Lutheran Church of the Good Shepherd. A Charitable Gift Annuity can be established with a gift of $10,000. You can receive annual income and the remainder will benefit a permanent fund at the Community Foundation. *New Fund 37 Discover “When you give cheerfully and accept gratefully everyone is blessed.” – Maya Angelou You are Part of the Equation When you create a scholarship, you open an opportunity that may change the very course of a person’s life. It is an optimistic act of faith for the future; at the Community Foundation of Western Nevada, you are part of the joy. Mature Build The Foundation scholarship staff works with you to find the right candidates for your selection committee to consider. You are encouraged to sit on the committee or appoint a representative. When all of the scholarship recipients are chosen, we wrap up the season with a party! Meet and get to know “your” student or students. Talk with their families. Wish them well. Talk with them about why you set up the scholarship and what your hopes for them include. This is a profoundly moving, important and fun celebration — for the students, for their proud families, and for you. Here are a few photos of the day. Tears welled as re-entry students Carol Bishop and Cassandra Starr accepted their scholarship to Nursing School from the Smith Family Scholarship. Tracy Turner and Dani Lutzow introduced and congratulated each recipient as they rose to accept their recognition. 38 SCHOLARSHIPS Kim Becker, center, is surrounded by students she is helping to send to UNR Medical School. Kim’s Father, Jack Becker, was a local physician. The Jack and Jane Becker scholarship is named in memory of her parents. Maria Jimena Campos Rivas, age 3, delighted everybody with her smile and wave when she was recognized for earning the Read With Me preschool scholarship. General Fred Michel Careers in Aviation Scholarship recipients include (left to right) a licensed pilot, a future test pilot, an aerial cinematographer, and a Navy officer future Blue Angels pilot. 39 Scholarship Funds Eugene F. and Nadine G. Stegelmeyer Scholarship Jennifer Burns Jordan Kiserow Thrive Create Progress Alan G. Bain Initiative in Science or Math Scholarship Andrea Holmen Clarence (CJ) Jones Memorial Scholarship Joseph Rosal Gabrielle Abacan Claudine Williams Harrah’s Las Vegas Employee Scholarship 40 Danielle Park General Fred Michel Careers in Aviation Scholarship Nicholas Audenried Sharnay Galvan Nancianne Downing Tiffany Golightly Ariana Henry Courtney Hagen Jacob Lewis Miriam Lee Hughston Norton Morgan Matley Bjorn Vasenden Khoa Nguyen Klarisse Policarpio Jack and Jane Becker Memorial Medical School Scholarship Ashley Shipman Rama Krishnan Raja Jessica Stevens Mark Taylor Andrew Tran Erika Vicente Nam Nguyen Crystalene Pineda Olivia Tsang Rachel Wolf-Schneider John R. Stockman Scholarship Candy Zeng Trever Cullen Diane Olds Memorial Education Scholarship Kendyl Ruth Williams Depoali Memorial Scholarship Sabrena Harris Amanda Stark Emily Jane Wilbanks Memorial Scholarship Kennedy Foundation Scholarship Danica Gressel Anna Ressel Callie Harvey Antonio Solorio Elizabeth Lizarde Kerrie Tonking Nadyne Burra Michaela Wright Matt Bartlett Memorial Foundation Scholarship Christiana Karcher Nicole Snyder Memorial Scholarship Orville Belding Memorial Scholarship Joshua Cassity Alec Brennan Erica Chappell Taylen Lopez-Simms Peggy Bowker Women in Engineering Kelly Sonnemann Brittany Blair Camry Varble Alec Brennan Kellie Hergenrader Jennifer Guzman Northern Nevada Youth Scholarship Andrea Saavedra Danica Corkern Carly Samuels Emily Irvine Anthony Gomez Sarah Nelson Nayely Rincon Mark Waite Phil and Jennifer Satre Harrah’s Employee Scholarship Christiana Cabrera Daniel Crosby NV Energy Powerful Partnerships Scholarship Matthew Dixon Sabrina Burns Erica Short Sierra Butler Cassandra Wilson William Hagel Jesus Manuel Cardiel Robert Dalpe Amaya Davis Reno Pops Orchestra Scholarship Nathan Eldodt Madalyn Tsugawa Erik Endacott Christopher Griffin Christin Harp Taylor Ingersoll Read with Me Scholarship Anna Fargo Maria Jimena Campos Rivas Tori Jimenez Garrett Kalt John Mendelsohn Kathryn Moore Jonas Norman Hannah Perazzo Sierra Powell Daniel Torres Ramirez Blanca Rocha Becerra Joseph Rosal Victoria Ward Reno Central Rotary Scholarship Rosy Chavez-Najera Sabrena Harris Melia Lockwood Bill Winks Reno Central Rotary Scholarship Gabrielle Abacan Omar Ziadeh 41 Maria Manbo-Palmeno Carol Bishop Kaytlyn Martin Cassandra Starr Sonia Meza Expand Evolve Advance Ron & Linda Smith Family Scholarship Jaime Leimer Jodi Molaris Zonta Re-Entry Women Scholarship Kassandra Patterson Sharon Epps Astrid Perez Cassandra Starr Alan Rios Courtney Pearson Jose Rodarte Serendipity Scholarship Fund Marcelo Rodriguez Shaneli Agustin Janet Roman Jennifer Bautista Jhamela Roscom Judit Carbajal Andrew John Shugar Andrea Carbajal Infante Lucia Soto-Lopez Jackeline Castaneda Marissa Torres Rafael Cerillo Brenda Valladeva Laura Collazo Garcia Jasmine Valles Iyana Esters Oscar Venegas Erika Gallaway Elizabeth Win-Hoite Jessie Gray Vicente Wowie Gapuz Chelsea Hines Scholarship Opens the Door Tracy Turner, Antonio Solorio and Dani Lutzow celebrate Antonio’s Kennedy Foundation scholarship at the 2014 Ice Cream Social. 42 SCHOLARSHIPS “Congratulations! I am delighted to offer you admission to the University of California, Berkeley.” My eyes began to tear up, I couldn’t believe it. A kid that grew up in a low-income home had just been accepted into one of the best schools in the world! Then suddenly reality kicked in; how was I going to afford it? The school of my dreams appeared to be just that, a dream. Both my parents are first-generation immigrants, who came to the United States in order to give my twin brother and me a better chance at life. Just like many first generation immigrants, they worked minimum-wage jobs, often working two jobs in order to help pay the bills. My parents achieved their version of the “American Dream” when they bought their first house in 2005; however, the economic bubble burst and the recession that followed left both my parents unemployed and our house was foreclosed on. We were left homeless. After my dad lost his job, he looked for another way to bring in money to the family. He decided to open up a little stall at the local swap meet during the weekends. It’s the reason I have been waking up earlier on the weekends for the past eight years. At first it didn’t make much, but over the course of the years my family was capable of saving enough money to buy a small convenience store on Wells Avenue in Reno. The store brings in a bit of money to the family, but my parents still haven’t fully paid it off yet. Throughout my junior and senior year, it was difficult balancing my schoolwork and helping out at the store. I was almost putting in full time work hours at the store. Often I would find myself solving complex calculus equations between ringing up customers on the cash register. The scholarship makes Berkeley a possible choice for me. Thanks to my family’s determination and generous scholarships, like the Kennedy Foundation Scholarship, I will attend Berkeley. The path before me is no longer a dream. It is my American life. — Antonio Solorio 43 Professional Advisor Council Thank You You are creating a culture of philanthropy in northern Nevada. Thank you for speaking openly with your clients. It is clear from the growth of our new funds and the expansion of the Legacy Society, you are discussing charitable giving with your clients and bringing up the sometimes difficult but fulfilling subject of creating a personal legacy. Thank you for your referrals. We are proud to be your partner in philanthropy. Soraya Aguirre Holland and Hart Elaine Alexander Certified Public Accountant Butch Anderson Muckel Anderson CPAs Thomas Barcia Edward Jones Linda Bowman Linda Bowman Law Offices John Boyd Edward Jones Bruce Brugler Presidio Wealth Management Rebecca Dickson Dickson Realty John Dooley Edward Jones Gerald Dorn Anderson & Dorn LTD. Julia Gold, Attorney Thomas J. Hall, Attorney James Marren Raymond James Ernest Maupin Maupin, Cox & Legoy Lance McKenzie Avansino, Melarkey, Knobel & Mulligan 44 Gordon Muir Hawkins, Folsom & Muir John Mulligan Avansino, Melarkey, Knobel & Mulligan Enid Oliver Ameriprise Financial Services Pete Parker NPCatalyst Edwin Pereyra, CPA Jim Pfrommer Pfrommer McCune, Ltd. Todd Plimpton Belanger & Plimpton, Lovelock, NV Tim Riley Attorney Don Ross Woodburn & Wedge Jennifer Rust Edward Jones DeArmond F. Sharp Robison, Belaustegui, Sharp & Low Vicki P. Schultz, MBA CFP Schultz Financial Group David Turner, CPA Turner, Loy & Co. Richard Wait, CPA RS Wait, Chtd. Business Relationships Legal Counsel Audit Firm Avansino, Melarkey, Knobel & Mulligan McDonald, Carano, Wilson, LLP Kohn & Company, LLP Banking and Investment Advisors Bernstein Global Wealth Management 1999 Avenue of the Starts, Suite 2150 Los Angeles, CA 90067 Contact: Bill Hair 310-286-6062 Morgan Stanley Smith Barney 5390 Kietzke Lane, Suite 200 Reno, NV 89511 Contact: Tom Seeliger 775-823-8632 Charles Schwab & Co. Inc. 6502 South McCarran Blvd., Suite E Reno, NV 89509 Contact: Gary Cronk 775-689-4204 Presidio Capital Advisors, LLC 101 California Street, Suite 1200 San Francisco, CA 94111 Contact: Bruce Brugler 415-449-1000 Edward Jones 4795 Caughlin Parkway, Suite 210 Reno, NV 89509 Contact: John E. Boyd 775-329-4646 TIFF The Investment Fund for Foundations 170 N. Radnor Chester Rd., Ste 300 Radnor, PA 19087 610-684-8200 Fortney Investment Advisors 229 Saint Lawrence Avenue Reno, NV 89509 Contact: Ken Fortney 775-786-5045 Merrill Lynch & Co. Foundation, Inc. 101 California Street, Suite 2100 San Francisco, CA 94111 Contact: William D. Hobi 888-750-1338 Wells Fargo & Company 5340 Kietzke Lane, Suite 200 Reno, NV 89511 Contact: Cindy Buchanan 775-689-6312 Copies of the Audited Financial Statements, Articles of Incorporation, By-laws, IRS form 990 or IRS form 1023 are available by request. Staff Christopher Askin, CSPG, CFRE, President and CEO Lyndsey Crossley, Executive Assistant Dani Lutzow, Program Officer Maureen Mensing, Accounting Associate Margaret Stewart, Communications Director Melissa A. Tschanz, CPA, Controller Tracy Peterson Turner, PhD, Chief Philanthropy Officer Writer/editor, Photography: Margaret Stewart caskin@nevadafund.org lcrossley@nevadafund.org dlutzow@nevadafund.org mmensing@nevadafund.org mstewart@nevadafund.org mtschanz@nevadafund.org tturner@nevadafund.org Credits Design: Julie Melton, The Right Type Graphics Printed by: A Carlisle and Company Photography courtesy of: Cover Reno Cityscape: Lee Molof Photography Pages 24-25: Debbie McCarthy Pages 26-27: Big Brothers Big Sisters Northern Nevada Pages 16-17: Jon Harrison Pages 32-33: Nevada Department of Wildlife Community Foundation of Western Nevada 1885 South Arlington Ave., Suite 103, Reno, NV 89509 775-333-5499 fax: 775-333-5487 email: info@nevadafund.org EIN #88-0370179 nevadafund.org 45 Financial Statements COMMUNITY FOUNDATION OF WESTERN NEVADA, INCORPORATED AND SUBSIDIARIES Consolidated Statements of Financial Position December 31, 2013 and 2012 2013 2012 Assets Cash and cash equivalents $ Investments Current 8,236,667 $ 7,976,837 46,580,310 40,356,305 12,639,555 12,722,812 25,176 17,614 Contributions receivable 1,286,316 1,933,272 Property and equipment, net 1,224,122 1,254,251 Investments held for split-interest agreements 1,710,399 1,278,397 $ 71,702,545 $ 65,539,488 Long-term Other assets Total Assets Liabilities Accounts payable Split-interest agreements $ 46,410 $ 45,877 1,710,399 1,278,397 Accrued payroll 20,663 15,717 Grants payable 5,492,885 7,587,875 Funds held for others 6,779,584 6,665,892 Total Liabilities 14,049,941 15,593,758 3,356,011 3,204,109 Undesignated 25,417,333 20,036,401 Temporarily restricted 19,016,851 17,163,286 Permanently restricted 9,862,409 9,541,934 57,652,604 49,945,730 Total Liabilities & Net Assets $ 71,702,545 $65,539,488 Net Assets Unrestricted Designated Total Net Assets A complete copy of the audited financial statements is available at our office: 1885 South Arlington Ave., Suite 103, Reno NV 89509 or from our website: nevadafund.org 46 COMMUNITY FOUNDATION OF WESTERN NEVADA, INCORPORATED AND SUBSIDIARIES Consolidated Statements of Activities For the Year Ended December 31, 2013 and 2012 2013 2012 Public support, revenue and transfers Contributions Rental income $ 8,043,232 $ 12,921,847 89,582 109,619 6,170,868 3,480,909 Change in the value of split-interest trusts 54,682 54,526 Miscellaneous income 572,416 568,794 14,930,780 17,135,695 6,597,324 5,120,908 General and administrative 524,831 483,621 Fundraising 101,751 96,023 7,223,906 5,700,552 CHANGE IN NET ASSETS 7,706,874 11,435,143 Net assets at beginning of year 49,945,730 38,510,587 $ 57,652,604 $ 49,945,730 Investment income, net Total public support and revenue Expenses Program services and grants Total expenses Net assets at end of year A complete copy of the audited financial statements is available at our office: 1885 South Arlington Ave., Suite 103, Reno NV 89509 or from our website: nevadafund.org 47 Foundation Options FACTORS PRIVATE FOUNDATION Initial contribution $5 million to be effective Start-up costs Accounting and legal fees Investment, accounting, audit and tax return expenses On-going legal and accounting fees Trustees must perform or hire staff. General Administration Trustees must perform, contract, or hire staff for these services. Max tax deduction for gifts of cash (% of AGI) 30% Max tax deduction for gifts of appreciated securities 20% Must pay excise tax on investment Yes (1-2%) Minimum pay out required Yes (5%) Flexibility of choice Yes Likelihood of perpetuity High Requires donor time and expense Yes Grant-making consultation No. Trustees must perform, contract or hire staff for these services. 48 Access to community-wide agency knowledge base No Research and evaluation of charitable organizations Must hire staff Agency liaison services No Planned giving services No Restriction on holding interests in business enterprises Yes Application of expenditure responsibility procedures for grants to organizations and programs that are not public charities Yes (under IRC Section 4945 taxable expenditure retax for failure to make “expenditure responsibility” investigations) Separate annual IRS tax return required Yes Privacy No (IRS Form 990-PF required, which Liability and insurance Insurance must be separately purchased is open to public inspection.) Private foundations are required to file detailed tax returns on grants, investment fees, staff salaries, asset size, and publish a notice to the public that the tax return is available for viewing. These public records are often compiled into grant-seeker directories. Comparison DONOR ADVISED SUPPORTING ORGANIZATIONS $10,000 $1 million None None 1.5% fee for funds under $1 million. The CF handles all investments and accounting, files annual tax return, and provides annual independent audit. For funds above $1 million: CF fees are reduced in relation to fund balance size. The CF handles all investments and accounting, files annual tax return, and provides annual independent audit. CF handles all financial and administrative management. CF handles all financial and administrative management. 50% 50% 30% 30% No No No No Yes Yes High High No No Yes. If donor wishes, the CF can identify potential recipients, investigate applicants, make grant payments, and monitor performance. Yes. If donor wishes, the CF can identify potential recipients, investigate applicants, make grant payments, and monitor performance. Yes (no charge) Yes (no charge) Yes (no charge) Yes (no charge) Yes (no charge) Yes (no charge) Yes (no charge) Yes (no charge) No Yes No Yes No Yes Yes Individual donor’s fund assets and grant-making are kept private and confidential. No public disclosure of individual grants or donations is required. If donor wishes, the CF can serve as a buffer between the donor and the grant seeker. Donors are usually recognized for grants disbursed unless they wish to remain anonymous. No (IRS Form 990 required, which is Advisors to the fund are covered by the CF’s liability and D & O insurance Advisors to the fund are covered by the CF’s liability and D & O insurance open to public inspection.) Supporting organizations are required to file detailed tax returns on grants, investment fees, staff salaries, asset size, and publish a notice to the public that the tax return is available for viewing. These public records are often compiled into grant-seeker directories. 49 Philanthropic Advising Services At the Community Foundation of Western Nevada we: Work closely with donors and their advisors to create an individual giving plan that works. Help people understand how to give now and how to give through their estates. Accept a wide range of assets including appreciated securities, real estate and business interests. Provide expert advice on community issues. Connect donors with others who have similar interests. Simplify or eliminate the administrative aspects of giving. Enable the best tax advantages for giving. Invest your gift carefully to reach your charitable goals. Encourage fundholders to involve their families and share important values with future generations. To learn more about building your legacy and supporting the community through us, please: Talk with Chris Askin, CSPG, CFRE, President and CEO at 775-333-5499 or via email: caskin@nevadafund.org Stop by our Office 1885 South Arlington Avenue, Suite 103 Reno, NV 89509 50 Visit our website: nevadafund.org