ANNUAL REPORT TWO-THOUSAND FOURTEEN

Transcription

1 ANNUAL REPORT TWO-THOUSAND FOURTEEN

2 Message from the President and the Chairman of the Board In this world nothing can be said to be certain, except death and taxes. - Benjamin Franklin, in a letter to Jean-Baptiste Leroy, 1789 Some may not realize the significant tax benefits associated with establishing a fund with the Foundation both in life and after death. Foothills Community Foundation is able to help you develop and personalize a charitable giving plan to create a lasting legacy while reducing your tax liability. By taking advantage of the current tax codes, you are able to give less in taxes and give more to the causes you care most about. For the past 15 years, Foothills Community Foundation has been here to help you develop a plan for giving throughout your lifetime as well as setting up a legacy that would reduce the size of your taxable estate upon your death. Meanwhile, your gifts have a profound impact upon the lives of others through Foundation grants in our community. The heart of the Foundation s message is that anyone and everyone can be a philanthropist. Robert M. Rainey, President D. Gray Suggs, Chairman of the Board To retain and nurture the charitable wealth in the three South Carolina counties of Anderson, Oconee and Pickens.

3 Lamar Bailes James T. Boseman Glenn D. Buddin, Jr. Irvin L. Cauthen Fred L. Foster Ann D. Herbert F. Stevon Kay Theresa G. Knoepp, MD John A. Miller, Jr. Jane W. Mudd William B. Pickens Edward A. Spitz D. Gray Suggs Joseph J. Turner, Jr. S. Smith Wham Robert W. Wilkes, Jr.

4 2014 Gr ants Anderson Free Clinic AnMed Health Foundation Cancer Association of Anderson Caring Voice Community Care Clinic of Highlands NC Crisis Pregnancy Center doclink Foothills Alliance Hospice of the Upstate St. Luke s Free Medical Clinic Total Health $68,427 Anderson Area YMCA Blue Ridge Council of the Boy Scouts Calvary Home for Children Fund Girl Scouts Junior Leadership Anderson Junior Leadership Pickens County Omega Psi Phi Fraternity, Inc. Outdoor Dream Foundation Palmetto Boys State Westside Ram Band Young Life Total Youth & Recreation $38,496 Anderson Christian School Anderson University Anderson University Center for Cancer Research Clemson University Consortium for Global Education Furman University Georgia Society of CPAs Educational Fund IPTAY McCallie School Montessori School of Anderson New Covenant School Presbyterian College Prince Memorial Ring Fund SC Society of CPAs Educational Fund School District of Pickens County Southern Wesleyan University Spartanburg Methodist College The Clemson Fund The Foundation of Geriatric Education Tri County Technical College University of South Carolina USC Educational Foundation Walhalla High School Winthrop University Total Education $64,680

5 Anderson Arts Center Anderson Heritage Anderson International Festival Belton Area Museum Association Clemson Little Theater Friends of the Anderson County Museum GAMAC Georgia Museum of Art Greenville Symphony Orchestra Mohnegan Historical & Cultural Museum Pendleton District Commission South Carolina Watermedia Society Total Arts & Culture $81,093 Total Gr ants Awarded $490,753 American Red Cross Anderson Area Chamber of Commerce Anderson Emergency Soup Kitchen Anderson Interfaith Ministries Brighter Christmas Fund Central Presbyterian Church CRU Developmental Center for Exceptional Children First Presbyterian Church, Anderson SC First Presbyterian Church, Highlands NC Foothills Community Foundation Grace Episcopal Church Greater Easley Chamber of Commerce Habitat for Humanity Haven of Rest Meals on Wheels New Covenant Church New Foundations Rocky River Conservancy Rotary Club of Anderson Rotary Club of Walhalla Rotary Foundation Safe Harbor Salvation Army of Anderson SCANPO Senior Solutions Shalom House Sister Cities International Sisters of Charity Foundation St. John s United Methodist Church TBA 100 Ten at the Top United Way of Anderson County Widow s Watchman Ministries World Vision Wounded Warrior Project Total Community Service $238,057

6 Agency Endowments Many nonprofit organizations establish an endowment fund with us in order to grow assets to meet both current and future needs. This provides a source of annual income and helps maintain the organizational mission in perpetuity. Anderson Area Chamber of Commerce Endowment Anderson County Arts Council Endowment Anderson Cemetery Fund Anderson Heritage Endowment Anderson Interfaith Ministries Fund Calvary Home for Children Fund Clemson Community Foundation Fund Friends of the Anderson County Library Fund Friends of the Anderson County Museum Fund Greater Anderson Musical Arts Consortium Endowment Hospice of the Upstate Fund Junior Golf Development Fund Park Partners Endowment Pendleton Historic Foundation Endowment Pendleton Presbyterian Church Cemetery Endowment Rotary Club of Anderson Endowment Rotary Club of Walhalla Endowment Callie and John Rainey Saint Luke s Free Medical Clinic Endowment Scholarship Funds The creation of a scholarship fund can be structured to benefit students at any education level or for a specific institution. A scholarship fund can also be established to honor a loved one. Tres Bailes Memorial Scholarship Beth Park Scholarship and Emergency Aid Fund Bill Barnette Band Scholarship Chi Psi Educational Fund Covington Theological Seminary Scholarship Jonny A. Lyons Memorial Scholarship Sandra S. Myers Memorial Scholarship Thomas and Alfreida Wright Scholarship Community Foundation Initiatives Donors who wish to support a specific nonprofit or cause can establish a designated fund with the Foundation. Anderson International Festival Fund American Heritage Forum AnMed Community Health Improvement Fund Brighter Christmas Fund Celebrate Anderson Fund Clemson University Marrow Drive Fund Go Play Outside Fund Junior Leadership Anderson Fund Junior Leadership Pickens County Fund William R. Phillips Memorial Fund St. Patrick s Day Breakfast Fund Swim Anderson Fund TBA 100 Fund

7 Field of Interest Funds Field of interest funds are established to support particular interest areas, specific program initiatives, causes or geographic areas. Donor Advised Funds Donor advised funds are established by donors who wish to actively participate in the grantmaking process. Individuals who establish a donor advised fund recommend charitable distributions to projects and organizations they want to support. Ben Comen, Living Without Limits Fund Jeffcoat Initiative Fund Keowee-Toxaway Habitat Enhancement Fund Piedmont Health Assistance Fund George E. Prince Memorial Ring Fund Betty A. Barton and Julie B. Collins Fund Beatenbough Fund Anita R. and James T. Boseman Fund Briar Patch Fund Brooks-Ivarson Fund Carol E. Burdette Fund Irvin L. Cauthen Fund Mary Anne Douglas-Lake Fund Carole and Fred Foster Fund Gillespie Fund Sue and John Greene Fund Harmon Charitable Fund Hughes Donor Advised Fund Thomas C. and Sherrill Knobel Hall Fund James O. and Ann Dunaway Herbert Fund Joye Family Charitable Fund F. Stevon and Lynn A. Kay Fund Art and Lauri Klugh Fund J. Michael Magaha Donor Advised Fund McDonald Charitable Fund McDougald Fund Morehead Fund Mosley Fund Robert W. and Sara Jane Thigpen Orr Fund Chris Painter Fund J. Roy Pennell, Jr. Fund Pickens Family Fund William B. and Anna E. Pickens Fund Philip and Lucy Pidgeon Fund J. Calhoun Pruitt, Jr. Fund Pruitt Foundation Fund Robert M. and Louise Weston Rainey Fund Araluen and Cordes Seabrook, Jr. Fund Linda Kelley Smith Fund Suggs Johnson Fund Ernest and Louise Trammell Fund Barry C. and Mary Alyce Visioli Fund Wham Family Fund

8 Coming Soon: Public Dog Park Dr. Marshall Meadors is the current chairman of the Foundation s TBA 100 initiative. The Dog Park is the group s fourth project aimed at improving the enjoyment of Anderson s downtown. The TBA 100 group was formed by Cordes Seabrook in 2006 as a means to achieve 100 donors donating $1,000 each toward beautification projects that eliminate eyesores in Anderson s downtown. Dr. Meadors emphasizes that today, the fund accepts gifts in any amount. Marshall points out that the park will benefit the entire community. A dog park plays a role in the socialization of a city. It is a place where people and dogs gather, relationships are built, and lives become connected. Anderson s First Dog Park will be located mid-block of 300 East Whitner and East Benson streets on property donated by First Baptist Church Please consider a tax deductible donation to the TBA 100 Fund. Your gift will bring us closer to building this park, beautifying the downtown area and providing off-leash time for man s best friend. Donations by check should be made payable to: Foothills Community Foundation. Please note in the memo line: Dog Park or TBA 100.

9 Two successful business owners who believe in giving back to their community Donor Spotlight Louise & Ernest Tr ammell Following separate paths to success, Louise and Ernie Trammell have chosen to do business in their hometown. They believe in giving back to the community that has been good to them. The Trammell Donor Advised Fund at the Foundation provides a means for them to support the causes that have meant so much to them. They agree that solving problems for their clients is the most rewarding aspect of their respective careers. A gift of appreciated stock to the Foundation helped the Trammells develop a philanthropic plan, while avoiding capital gains taxes that would be due as a result of its sale. It was a simple solution, according to Louise. Following a successful career in Atlanta, Louise returned home to found her own company Martin Advertising, representing many of Anderson s leading businesses. She recently celebrated her firm s 25th anniversary. As a wife, mother and business owner, Louise still donates time and resources to her community. Her work with the American Red Cross brought her in touch with Foothills Community Foundation where she worked with Robert Rainey to arrange a matching grant program to benefit the Red Cross. Growing up in Anderson, Ernie was active in athletics, church and the Boy Scouts. Always desiring to be an attorney, he completed his law degree at the Walter F. George School of Law at Mercer University, later forming his own law firm. Today, he enjoys working alongside his attorney son, Roy at Trammell & Mills Law Firm, LLC. In addition to practicing law, Ernie is active in community and civic affairs. He is a past Chairman of the Board of the Anderson Area YMCA and currently serves on the Fund Development Committee. He is a member of the Board of Directors of the Blue Ridge Council of the Boy Scouts and serves on the Eagle Board of Review for the Six and Twenty District. Louise and Ernie are active in St. John s United Methodist Church and spend their leisure time traveling, attending Clemson University athletic events and relaxing on the lake.

10 Tamia Alexis Glover Thomas Warner Roberts Keri Lynn Rousey Reagan H. Welch Jonny A. Lyons Memorial Scholarship Recipients Foothills Community Foundation is pleased to present the 2014 recipients of the Jonny A. Lyons Memorial Scholarship. A bequest from Mrs. John Joseph Lyons provides scholarship assistance to descendants of former Orr-Lyons Mill employees. Each recipient receives a $2,000 scholarship from Foothills Community Foundation. The four recipients of the Lyons Scholarship for 2014 are Tamia Alexis Glover, Thomas Warner Roberts, Keri Lynn Rousey and Reagen H. Welch. Miss Glover is a Furman student and a recent graduate of Belton-Honea Path High School. Mr. Roberts, who graduated from T. L. Hanna High School, is a student at Clemson University. Miss Rousey and Miss Welch are recent graduates of Crescent High School. Miss Rousey attends Winthrop University, while Miss Welch is continuing her education at Southern Wesleyan University. Foundation Staff Robert M. Rainey, President rrainey@foothillsfoundation.org Cindy E. Kibler, Donor Services Director ckibler@foothillsfoundation.org Visit us online at or at our offices located at 907 North Main Street, Suite 201, Anderson SC Confirmed in compliance with National Standards for U. S. Community Foundations.

11 Statement of Financial Position June 30, 2014 June 30, 2013 Assets Cash 163, ,695 Marketable Securities and Real Estate 9,530,980 8,290,429 Fixed assets, net of accumulated depreciation 2,835,605 2,932,133 Other 6,179 2,151 Total 12,535,958 11,421,408 Liabilities and Net Assets Notes and Accounts Payable 1,733,975 1,572,793 Annuities Payable 876, ,006 Net Assets 9,925,952 8,972,609 Total 12,535,958 11,421,408 Statement of Activity Changes in Net Assets Investment Income 913, ,144 Contributions 723, ,053 Other 75,952 72,071 Total 1,713,397 1,259,268 Less: Grants 490, ,704 Other Expenses 266, ,987 Increase in Net Assets 955, ,577 Annuity Gifts in Excess of (less than) Actuarial Liability (2,526) 31,154 Net Assets, Beginning of Year 8,972,609 8,584,878 Net Assets, End of Year 9,925,952 8,972,609 Total Assets 12,535,958 11,421,408 See audited financial statements for additional details

12 Robert M. R ainey, President Cindy Ervin Kibler, Donor Services Director The Foundation Executive Committee: Ann D. Herbert, Board Chairman, D. Gray Suggs, Immediate Past Chairman, John A. Miller, Jr., Vice Chairman, Jane W. Mudd, Secretary and Theresa G. Knoepp, MD, Treasurer 2015 Board of Directors Chairman - Ann D. Herbert Vice Chairman - John A. Miller, Jr. Treasurer - Theresa G. Knoepp, MD Secretary - Jane W. Mudd Immediate Past Chairman - D. Gray Suggs, CPA Chairman Emeritus William Law Watkins ( ) Lamar Bailes James T. Boseman Glenn D. Buddin, Jr. Irvin L. Cauthen Fred L. Foster Robert W. Orr Edward A. Spitz Joseph J. Turner, Jr. S. Smith Wham Robert W. Wilkes, Jr.