COMMUNITY FOUNDATION OF COLLIER COUNTY

Transcription

1 COMMUNITY FOUNDATION OF COLLIER COUNTY General Information Contact Information Nonprofit Primary Contact First Name Primary Contact Last Name Address COMMUNITY FOUNDATION OF COLLIER COUNTY Eileen Connolly-Keesler 1110 Pine Ridge Road Suite 200 Naples, FL Phone (239) Organization Web Site Facebook Twitter unty At A Glance Year of Incorporation 1985 Former Names Organization's type of tax exempt status Naples Area Foundation Inc. Public Supported Charity Organization EIN#

2 Statements & Search Criteria Mission The Community Foundation of Collier County is a 501(c)3 public charity. The mission is to improve the quality of life in Collier County by connecting donors to community needs and providing leadership on critical community issues. Background The Community Foundation of Collier County is a 501(c)3 public charity. The mission is to improve the quality of life in Collier County by connecting donors to community needs and providing leadership on critical community issues. The Community Foundation was incorporated in 1985 by local visionaries who believed that a community foundation in Naples, like foundations in other cities across the country, could help charitableminded people create legacies for the immediate and future needs of the area. Their dedicated efforts in the early years of the Foundation ensured a perpetual source of income to meet the ever-changing needs of Collier County. The Foundation's first grants, awarded in 1986, included seed money for a new agency The Shelter for Abused Women and support for construction of the band shell in Cambier Park. By 1987, assets increased to $975,000 and 21 nonprofits were awarded grants, among them funds for a recycling project at the Conservancy. Today, with generous community support, the Community Foundation oversees more than 600 funds, manages more than $170 million in assets, and has distributed nearly $130 million in grants to local nonprofits and beyond. The Foundation has successfully led multiple community initiatives and is considered the go-to" resource for information on nonprofits serving Collier County and the Vital Signs (indicators) of community need. Needs 1. Endowment Building - helping nonprofits and their Board members understand the value of planned giving and endowment building in securing their long-term financial sustainability. 2. Funds for Grantmaking - there is a need to build the Community Endowment to allow the Foundation to determine and support the community's most pressing need.3. Transfer of Wealth - There is a potential to capture 5% of the transfer of wealth happening over the next ten years. In Collier County, the funds would yield $35 million dollars each year for local grants. Areas Of Service Areas Served Areas Served FL - City of Naples FL - North Naples FL - City of Marco Island FL - Immokalee FL - Golden Gate FL - East Naples FL - Everglades City ALL Geographic areas served in Collier County The Community Foundation of Collier County primarily serves Collier County, Florida through grantmaking from its unrestricted endowment funds. Collier County has approx. 360,000 residents. There are more than 300 nonprofits organizations listed in our NONPROFIT DIRECTORY (excluding private foundations and religious organizations) serving Collier County. 185 organizations have been "reviewed and approved." Fund holders may recommend grants to qualified charities throughout the United States as recognized by the IRS. 2

3 Service Catergories Community Foundations Nonprofit Management 3

4 Programs Programs Donor Services Description The Community Foundation of Collier County offers a simple, powerful, and highly personal approach to individual and corporate philanthropy. Across Collier County, donors and their professional advisors - attorneys, accountants, financial planners, insurance agents, financial planners and others - choose to work through us to meet their charitable goals while gaining maximum tax advantage for their giving. Budget 0 Long-Term Success Our long-term vision is that we become the hub for philanthropy for charitable individuals of all ages by providing the most meaningful, efficient and cost-effective services that donors need to accomplish their goals. Donors who establish a fund at the Community Foundation receive the following services:advice and tools to help donors meet their charitable goals and leave a lasting legacy.flexible and easy ways to establish a named charitable fund, recognize a loved one, or give anonymously and know that your gift will have lasting impact on the community.maximum tax benefits.ability to choose from a range of assets to fund your gift cash, stocks, real estate, and more.suggestions and data on how to make the most impact on the causes and issues, especially in Collier County.Ability to pass on philanthropic values to the next generation. Examples of Long-Term Success Donor Advised Funds have increased each year, reaching more than 200 Funds in A Director of Donor Services was hired in 2013 to work individually with donors with advised funds to help them with their charitable giving. Through education and individual consulting, we have increased the number of donors giving in Collier County by 10%. Target Population 1 General/Unspecified Target Population 2 4

5 Scholarship Funds Description Scholarship funds are charitable accounts established at the Community Foundation of Collier County by generous individuals, corporations or organizations for the purpose of assisting students in continuing their education. Scholarships do not need to be repaid. Scholarships are administered through the Community Foundation and evaluated by community volunteers and donors. Budget Long-Term Success Examples of Long-Term Success Target Population 1 Target Population 2 Students of all ages will have access to a wide array of scholarships to help them succeed in post-secondary school. By attracting donors to establish a Scholarship Fund at the Community Foundation, more students will have access to post-secondary education and workforce training. In 2016, we launched the Scholarship Connector and created a "one-stop shop" for students to apply for multiple scholarship opportunities. In order to continue to meet the growing needs of student's educational costs, the amount of available scholarship dollars and funds will have increased. More is needed to meet the growing needs of students in Collier County. Last year, the Foundation awarded nearly $860,000 from dozens of scholarship funds. The number of donors that have set up funds in the past five years has increased by 25%. The dollars available from scholarship funds to Collier County students has increased by more than 50% in past five years. Adults Adults 5

6 Community Grantmaking Description The Community Foundation of Collier County provides grants to nonprofits through unrestricted funds set up by generous donors who wanted the Foundation's Board to annually determine where their dollars best meet community needs. Community grants are awarded for needed programs in the arts, environment, education, basic needs, healthcare, and women and girls and for organizations to improve their internal capacity. Budget Long-Term Success Examples of Long-Term Success Target Population 1 Grants available to local nonprofits have continued to grow and address the funding needs of nonprofits serving Collier County. Dollars will increase nonprofits' organizational capacity and support their programs that address the community's most pressing needs. Volunteers from the community are engaged in the Foundation's work by participating in the grantmaking decisions. $700,000 was awarded in FY18 and an additional $300,000 was granted to 55 Collier County nonprofits through Field of Interest and Community Grantmaking Funds. More than 70 volunteers are engaged 1. Community, Arts, and Environmentex: Grant to the Conservancy of Southwest Florida, Inc to build programs that promote volunteer recruitment and retention. 2. Needs of Women and Girlsex: Grant to Jewish Family & Community Services of Southwest Florida to assist vulnerable, frail seniors and caregivers. 3.Education and Workforce Trainingex: Grant to the Education Foundation to provide Golden Gate High School students with access to mentors, making sure the students are able to apply to, afford, and are prepared for secondary education 4.Basic Needs & Human Servicesex: Grant to Catholic Charities of Collier County helping get individuals back on their feet by giving rental or utilities help when they are in imminent danger of homelessness. 5. Healthcare and Mental Health - ex: grants to NAMI to provide access to mental health services for teens. 6. Capacity Building - ex. grants to nonprofits to help them improve their fundraising, governance and programs through consulting, training, technology and capital expenses. General/Unspecified Target Population 2 6

7 Impact Goals What are your organization's long-term strategic goals? The Community Foundation of Collier County (CFCC) has four ultimate goals: 1. Leverage CFCC's influence and resources to grow assets. 2. Provide grants to meet high priority community needs. 3. Gather, use and broadly share knowledge about the community and its needs. 4. Educate donors and the community about the needs in Collier County. Strategies What are the major strategies you will do to accomplish your goals? Four broad strategies are based on the Foundation's major goals: 1. Fully engage with CFCC's donors to understand their needs and interests, to influence and be influenced by their interests, and to increase their total giving. 2. Undertake a specific, focused and sustained plan to strategically reach out to professional advisors who support planned giving. 3. Align CFCC's grantmaking programs to strategically impact highest priority community needs according to the most recent Community Needs Assessment. 4. Improve marketing and communication efforts to attract donors who will create endowed funds. The transfer of wealth in the U.S. by 2052 is expected to be $1.4 trillion dollars. In Florida, it is expected that $322 billion will change hands by In Collier County, it is expected that $14.7 billion will change hands by If $734 million of the transfer (approx 5%) was endowed, $34 million would be available each year for community improvements - forever. In order to capitalize on this transfer, the Foundation must engage donors in community issues and involve professional advisors - estate planners, attorneys, financial planners and accountants who work with charitable individuals - in the work of the Community Foundation. Donors with advised funds will be introduced to hundreds of nonprofits serving Collier County in a variety of ways, such as donor briefings on issues, site visits and through their introduction to Vital Signs - collected by the Community Foundation to measure the impact of its grantmaking. Highest priority needs are evaluated annually. Donors are encouraged to create unrestricted or field of interest funds to address local needs. Capabilities What are your organization s capabilities for doing this? The Community Foundation of Collier County has 33 years of experience serving as a public charity in Collier County. It currently holds $170 million dollars and manages more than 600 philanthropic funds, including 90 local Agency Endowment Funds. The Foundation has granted $130 million to nonprofits from its funds including approx.12 million in FY18 alone. Approximately 50 percent or $6m of those dollars were granted to Collier County nonprofits from donor funds, unrestricted grants and scholarships. The Foundation also launched multiple initiatives during past 33 years and engaged thousands of donors in supporting community issues. Indicators What indicators do you use to measure progress? The Community Foundation of Collier County communicates the results of its grantmaking to its donors, financial advisors, and the philanthropic community. We measure our success by the amount of grantgenerating assets we raise each year, the number of donors that create named Funds and the impact we have on the organizations that we serve in Collier County and the impact of our grantmaking reported to us by nonprofit grantees. Our goal to reach $250 million in assets by 2020, increase grant dollars to nonprofits serving Collier County and provide leadership on community issues. Our impact on the community nonprofits we serve is measured by their responses to annual nonprofit surveys and outcomes reported from grants awarded. As assets grow, the potential grant and scholarship dollars from new funds will allow the Foundation to have even more impact in Collier County. The Foundation provides donors and the community with Vital Signs, or indicators of community need that are updated each year. The needs are updated each year and the impact of grants on the Top Ten Vital Signs are measured. They include: 1. Access to mental health services; 2. 7

8 Programs to help close the achievement gap for Collier County's diverse students; 3. Increased nonprofit capacity, leadership and collaboration; 4. Increased volunteerism and education in the arts and environment; 5. Rental assistance and food for families living near poverty level; 6. Prevention of human trafficking and abuse offenses; 7. Access to early childhood programs; 8. Programs to increase students' access to college and workforce training; 9. Prevention of teen births to girls 18 and under. 10. Access to senior services and social networks. Progress What have and haven t you accomplished so far? For the past 33 years, the Community Foundation of Collier County has grown as a philanthropic resource for donors and nonprofits in our community. In 2016, the Foundation's board launched a new strategic plan which sharply focused its efforts on building a community endowment and providing grants and leadership that help solve community problems and improve life in Collier County. The goal is to reach $250,000 million in assets in three years. As of June 1, 2016, assets have reached more than $170,000 million and the number of new Funds have grown by 10%. Approx. $12 million in grants were made during FY More than 90 nonprofit agencies have established endowment funds at the Community Foundation, further ensuring their long-term sustainability. The Foundation wants to continue to build endowed funds for donors and nonprofits and encourage donors to become more involved in community issues. By building on our past success, we will continue to increase grants to community organizations and improve the life of residents of Collier County. 8

9 Board & Governance Board Chair Board Chair Ms. Mary Lynn Myers Term July 2017 to June 2019 Board CoChair Jennifer Walker Term July 2014 to June 2015 Board Members Name Affiliation Status Mr. George Abounader Educator, Charter School Expert Voting Ms. Pat Aiken-O'Neill Retired Attorney Voting Ms. Erika Aron Community Volunteer Voting Mr. Todd Bradley Attorney Voting Mr. T. Robert Bulloch Attorney, Quarles & Brady LLP Voting Mr. Jorge Camina Healthcare Voting Mr. Rob Funderburg Banking, Finance Voting Mr. Brad Galbraith Investment, legal Voting Mr Brad Havemeier Gulfshore Insurance Voting Ms. Mary Beth Johns Ms. Katheen Kapnick RN, Managing Member, Aging and Family Solutions Retired Attorney, Community Volunteer Voting Voting Ms. Lynn Martin Community Volunteer Voting Mr. Jim Morey Retired Voting Ms. Marsha Murphy Ms. Mary Lynn Myers Retied, Public Office, Community Volunteer Board Chair, Retired Accountant, Community Volunteer Voting Voting Mr. John K. Paul Banker Voting Mr. Jerrol (Jerry) Tostrud Retired Publisher, Vice Chair Voting ms. Jennifer B. Walker Immediate Past Chair Voting Dr. David Watson Community School of Naples Voting Ms. Myra Williams Community Volunteer Voting Board Demographics - Ethnicity African American/Black 1 Asian American/Pacific Islander 0 Caucasian 18 Hispanic/Latino 1 Native American/American Indian 0 Other 0 1 (Haitian) 9

10 Board Demographics - Gender Male 12 Female 9 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 100 Written Board Selection Criteria? Written Conflict of Interest Policy? Yes Yes Number of Full Board Meetings Annually 6 Standing Committees Audit Distributions / Grant Making Board Development / Board Orientation Investment Executive Finance Trusteeship Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Education 10

11 Management Executive Director/CEO Executive Director Term Start Jan Eileen Connolly-Keesler Experience Eileen Connolly-Keesler is the President/CEO of the Community Foundation of Collier County. She oversees the Foundation's mission to address community needs by providing leadership and coordination through grantmaking and fund development. Eileen started on January 1, Since that time, the Foundation has more than doubled its assets to $170 million and now administers more than 600 Funds. Eileen has been instrumental in starting many community-wide initiatives, including Give Where you Live, Collier Comes Together Disaster Relief Fund, and Future Ready Collier to address graduation rates, including raising funds to launch a community-wide Scholarship Connector. During her ten-year tenure at the Oshkosh Area Community Foundation, assets grew from a two-person staff administering $21 million in charitable funds to an organization of seven staff, administering $80 million in assets. Connolly-Keesler was instrumental in raising funds for numerous community projects including: $1.5 million for the Leach Amphitheatre, $7 million for the Pollock Community Water Park; $500,000 for planting trees/flowerbeds/signage and a $1 million dollar loan from the Community Foundation for renovations to the Convention Center.Connolly-Keesler served as co-chair to the Wisconsin Policy Works Committee, and was instrumental in passing AB224 allowing Wisconsin Community Foundations to hold Library and School District Funds.Connolly-Keesler was appointed to the University of Wisconsin, Board of Regents; Chairs the steering committee for the State of Wisconsin Community Foundations; Board Member for the Donor's Forum of Wisconsin; and involved in numerous other community related boards, committees and organizations.connolly-keesler earned her Bachelor of Social Work from UW Green Bay and Masters in Public Administration from UW Oshkosh. Staff Full Time Staff 11 Part Time Staff 1 Volunteers 80 Plans Organization has a Strategic Plan? Yes Years Strategic Plan Considers 3 Date Strategic Plan Adopted June 2016 External Assessments and Accreditations Assessment/Accreditation Year 2018 Please select

12 Financials Current Fiscal Year July Fiscal Year 2018 Projected Revenue $11,739, Projected Expenses $10,985, Budget Explanation The majority of income is designated for named Funds. The majority of expenses are grants to nonprofits. The Community Foundation's annual operating budget is approx. $1.1m. Detailed Financials Revenue and Expenses Fiscal Year Total Revenue $16,786,328 $20,025,912 $17,384,342 Total Expenses $11,755,139 $10,234,726 $8,828,395 Revenue Sources Fiscal Year Foundation and Corporation $14,850,344 $15,869,944 $12,819,762 Contributions Government Contributions $0 $0 $0 Federal State Local Unspecified $0 $0 $0 Individual Contributions $14,850,344 $15,869,944 $12,819,762 Indirect Public Support $0 $0 $0 Earned Revenue $72,703 $33,532 $21,307 Investment Income, Net of Losses $1,762,282 $2,198,036 $1,507,874 Membership Dues $0 $0 $0 Special Events ($24,521) ($21,375) $879 Revenue In-Kind $9,062,680 $14,385,207 $5,851,802 Other ($405,350) $1,731,186 $2,913,516 12

13 Expense Allocation Fiscal Year Program Expense $10,718,726 $9,209,630 $7,913,283 Administration Expense $743,799 $715,147 $595,793 Fundraising Expense $292,614 $309,949 $319,319 Payments to Affiliates Total Revenue/Total Expenses Program Expense/Total Expenses 91% 90% 90% Fundraising Expense/Contributed Revenue 1% 1% 1% Assets and Liabilities Fiscal Year Total Assets $122,503,829 $106,802,614 $77,630,146 Current Assets $14,677,142 $18,734,504 $8,964,797 Long-Term Liabilities $41,275,251 $26,240,067 $4,854,512 Current Liabilities $287,170 $734,960 $157,144 Total Net Assets $80,941,408 $79,827,587 $72,618,490 Capital Campaign Currently in a Capital Campaign? No Goal $0.00 State Charitable Solicitations Permit Permit? Yes 0 Created Copyright