2009 ANNUAL REPORT - Community Foundation of Howard County
2009 ANNUAL REPORT - Community Foundation of Howard County 2009 ANNUAL REPORT - Community Foundation of Howard County
Comparative Condensed Statement of Activities December 31, 2009 and December 31, 2008 Revenues and Gains Current Endowment Total Total Fund Fund 2009 2008 Gifts - Howard County 41,530 1,125,778 1,167,308 1,365,128 Gifts - Carroll County 31,663 73,248 104,911 182,900 Gifts - Clinton County 6,000 172,166 178,166 134,239 Contribution-Revocable Trust Special Events Income 3,250 Rental Income 57,399 57,399 58,080 Gain (Loss)-Disposal of Assets (4,461) (4,461) (22,832) CRT-Change in Value (94,789) (94,789) (148,838) Return of Unused Grants 9,813 9,813 26,164 Interfund Grants 74,232 (74,232) Interfund Transfers 3,200 (3,200) Administrative Fees 283,130 283,130 298,176 Investment Earnings 71,475 812,246 883,721 1,477,333 Investment Gains (Losses) 5,524,638 5,524,638 (11,304,304) Transfer of CRT to Endowed Fund 134,357 134,357 48,026 Total Revenues and Gains 506,769 7,737,424 8,244,193 (7,882,678) Grants and Expenses Grants - Howard County 327,942 327,942 444,988 Grants - Clinton County 466,844 466,844 492,190 Grants - Carroll County 39,383 39,383 51,017 Program 194,313 11,649 205,962 285,082 General and Administrative 144,490 144,490 141,244 Fundraising 159,437 27,719 187,156 199,991 Administrative Fees 275,474 275,474 289,807 Total Grants and Expenses 498,240 1,149,011 1,647,251 1,904,319 Change in Net Assets 8,529 6,588,413 6,596,942 (9,786,997) Net Assets Net Assets at Beginning of Year 1,905,208 29,486,136 31,391,344 41,178,341 Net Assets at End of Year 1,913,737 36,074,549 37,988,286 31,391,344 37
Howard County’s Foster Society The Foster Society is named for David Foster, the first philanthropist in Howard County history. He donated the land that would become the City of Kokomo. These donors in the Society made gifts in 2009 to support the operating costs of the Community Foundation. Beams - $2,500-$4,999 Bob & Mary Hingst Smith Financial Pillars - $1,000-$2,499 Bill & Marilyn Bersbach Hilda & Kevin Burns The Coca-Cola Bottler’s Foundation Cone Palace Dr. & Mrs. Timothy Davis Joe Dunbar Rex & Kara Gingerich Betsy & Bob Hoshaw Mr. Mark & Dr. Kathryn Jones Conrad & Jo Ella Maugans McClelland Family Foundation Jim McIntyre Dr. Marilyn Skinner J. D. & Lynn Young Foundation Stones - $500-$999 Kim & Kevin Abney Beckley Office Equipment Bucheri, McCarty & Metz, LLP Salin Bank & Trust Company Bill & Carolyn Stifle Don & Anita TenBrook TenBrook Sales, Inc. Friends of the Foundation - $200-$499 William & Shirley Ashcraft Ms. Nanette Bowling Mr. & Mrs. Jim R. Butcher LaCinda & Ben Chapman Kevin & Russena Comer Community First Bank of Howard Co. Mr. & Mrs. Joe Davis Dimensions, Inc. Cartwright & Susan Ellis Functional Devices Glenn & Nancy Grundmann The Hardie Group Real Estate Co. Ron & Liz Harper Mr. & Mrs. Ken Humphrey Judge & Mrs. Stephen Jessup Mr. & Mrs. George Laflin Judge & Mrs. Bill Menges, Jr. Judge Lynn Murray Raymond ‘Mick’ & Elizabeth Ortman Mrs. Linda Paulk Mr. & Mrs. Don Sanders Dr. & Mrs. Tim Sehr Bill & Lyn Shirley Shirley & Stout Lincoln Road Chapel Mike & Linda Stegall Other Contributors - $50-$199 Ellers Mortuary, Inc. Dr. Walter Brown Mr. & Mrs. Mike Cord Kirk & Wendy Daniels Mr. & Mrs. Walter P. McFatridge, Jr. Mr. & Mrs. Mike Miles Dick & Myra Sanburn The Windmill Grill, Inc. A performer creates an illusion and captures the attention of the children attending a workshop offered by the Kokomo-Howard County Public Library Summer Reading Club. The Community Foundation of Howard County provided grant funding for the summer program. “A mind once stretched by a new idea never regains its original dimensions.” – Anonymous 38
- Page 1 and 2: 2009 ANNUAL REPORT CLINTON COUNTY C
- Page 3 and 4: Our Mission “The mission of the C
- Page 5 and 6: 2009 Board Members and Volunteers C
- Page 7 and 8: Donors The Community Foundation wis
- Page 9 and 10: Mr. & Mrs. Kevin Lohman Mr. & Mrs.
- Page 11 and 12: Organizations Abby Rethlake Memoria
- Page 13 and 14: In Memory of Doral L. Daniels Mr. &
- Page 15 and 16: In Memory of Paul J. Raver (cont’
- Page 17 and 18: Tributes In Honor of All Healthcare
- Page 19 and 20: Endowed Funds The following is a li
- Page 21 and 22: Scholarship Funds Donors may custom
- Page 23 and 24: Clinton County TYPES OF FUNDS Commu
- Page 25 and 26: Grants - Howard County Advised Fund
- Page 27 and 28: Operating Funds (continued) •Cred
- Page 29 and 30: Howard County Grants (Left) High sc
- Page 31 and 32: Grants - Carroll County Advised Fun
- Page 33 and 34: Grants - Clinton County Advised Fun
- Page 35 and 36: Clinton County Grants (Above) The C
- Page 37: Financial Report Comparative Conden
- Page 41 and 42: 2009 Scholarship Photographs Commun
<strong>Howard</strong> <strong>County</strong>’s Foster Society<br />
The Foster Society is named for David Foster, the first philanthropist in <strong>Howard</strong> <strong>County</strong> history. He donated the land that would<br />
become the City <strong>of</strong> Kokomo. These donors in the Society made gifts in <strong>2009</strong> to support the operating costs <strong>of</strong> the<br />
<strong>Community</strong> <strong>Foundation</strong>.<br />
Beams - $2,500-$4,999<br />
Bob & Mary Hingst<br />
Smith Financial<br />
Pillars - $1,000-$2,499<br />
Bill & Marilyn Bersbach<br />
Hilda & Kevin Burns<br />
The Coca-Cola Bottler’s <strong>Foundation</strong><br />
Cone Palace<br />
Dr. & Mrs. Timothy Davis<br />
Joe Dunbar<br />
Rex & Kara Gingerich<br />
Betsy & Bob Hoshaw<br />
Mr. Mark & Dr. Kathryn Jones<br />
Conrad & Jo Ella Maugans<br />
McClelland Family <strong>Foundation</strong><br />
Jim McIntyre<br />
Dr. Marilyn Skinner<br />
J. D. & Lynn Young<br />
<strong>Foundation</strong> Stones - $500-$999<br />
Kim & Kevin Abney<br />
Beckley Office Equipment<br />
Bucheri, McCarty & Metz, LLP<br />
Salin Bank & Trust Company<br />
Bill & Carolyn Stifle<br />
Don & Anita TenBrook<br />
TenBrook Sales, Inc.<br />
Friends <strong>of</strong> the <strong>Foundation</strong> - $200-$499<br />
William & Shirley Ashcraft<br />
Ms. Nanette Bowling<br />
Mr. & Mrs. Jim R. Butcher<br />
LaCinda & Ben Chapman<br />
Kevin & Russena Comer<br />
<strong>Community</strong> First Bank <strong>of</strong> <strong>Howard</strong> Co.<br />
Mr. & Mrs. Joe Davis<br />
Dimensions, Inc.<br />
Cartwright & Susan Ellis<br />
Functional Devices<br />
Glenn & Nancy Grundmann<br />
The Hardie Group Real Estate Co.<br />
Ron & Liz Harper<br />
Mr. & Mrs. Ken Humphrey<br />
Judge & Mrs. Stephen Jessup<br />
Mr. & Mrs. George Laflin<br />
Judge & Mrs. Bill Menges, Jr.<br />
Judge Lynn Murray<br />
Raymond ‘Mick’ & Elizabeth Ortman<br />
Mrs. Linda Paulk<br />
Mr. & Mrs. Don Sanders<br />
Dr. & Mrs. Tim Sehr<br />
Bill & Lyn Shirley<br />
Shirley & Stout Lincoln Road Chapel<br />
Mike & Linda Stegall<br />
Other Contributors - $50-$199<br />
Ellers Mortuary, Inc.<br />
Dr. Walter Brown<br />
Mr. & Mrs. Mike Cord<br />
Kirk & Wendy Daniels<br />
Mr. & Mrs. Walter P. McFatridge, Jr.<br />
Mr. & Mrs. Mike Miles<br />
Dick & Myra Sanburn<br />
The Windmill Grill, Inc.<br />
A performer creates an illusion and captures the attention <strong>of</strong> the<br />
children attending a workshop <strong>of</strong>fered by the Kokomo-<strong>Howard</strong> <strong>County</strong><br />
Public Library Summer Reading Club. The <strong>Community</strong> <strong>Foundation</strong><br />
<strong>of</strong> <strong>Howard</strong> <strong>County</strong> provided grant funding for the summer program.<br />
“A mind once stretched by a new idea never<br />
regains its original dimensions.”<br />
– Anonymous<br />
38
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