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your community. your foundation. - Community Foundation of West ...

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oard chair’s letter<br />

Dear Friends <strong>of</strong> the <strong>Foundation</strong>…<br />

It has been said that behind every successful<br />

<strong>community</strong> there is a <strong>Community</strong> <strong>Foundation</strong>.<br />

That is a pretty big statement. Have you ever<br />

thought about how <strong>your</strong> <strong>Community</strong> <strong>Foundation</strong><br />

is making <strong>West</strong> Chester/Liberty a better place?<br />

One <strong>of</strong> the best ways The <strong>Community</strong> <strong>Foundation</strong> <strong>of</strong><br />

<strong>West</strong> Chester/Liberty builds success in our area is<br />

by building <strong>community</strong>, focusing on the needs <strong>of</strong> our<br />

residents and addressing these needs with grant<br />

dollars. The end result is improving the quality <strong>of</strong> life<br />

for all who live here. Those needs are not just in the<br />

area <strong>of</strong> social services (Reach Out Lakota, S.E.L.F.<br />

and One Way Farm). The <strong>Community</strong> <strong>Foundation</strong><br />

supports the needs for parks & recreation (Leo’s Park,<br />

Wiggly Field and the Square @ Union Centre);<br />

education & scholarship (our more than 25 Scholarship<br />

Funds and the Lakota Fund); arts & culture (the<br />

Cincinnati Symphony Orchestra Concert at Lakota<br />

<strong>West</strong>, support <strong>of</strong> The Arts Council <strong>of</strong> <strong>West</strong> Chester<br />

& Liberty and support <strong>of</strong> the National VOA Museum<br />

<strong>of</strong> Broadcasting Video); and economic development<br />

(FIELDS Fund, VOA MetroParks Fund and the <strong>West</strong><br />

Chester Baseball Complex). We are <strong>your</strong> <strong>Foundation</strong><br />

working in <strong>your</strong> <strong>Community</strong>.<br />

Secondly, the <strong>Foundation</strong> <strong>of</strong>fers each and every<br />

person the opportunity to fulfill their own particular<br />

charitable dream with ease. YOU can become a<br />

philanthropist, make the world a better place and<br />

leave a legacy for the <strong>community</strong>. It is as easy as<br />

coming into The <strong>Foundation</strong>, developing a plan,<br />

starting <strong>your</strong> Fund with a minimum dollar amount<br />

and then working to pursue <strong>your</strong> passion. Local<br />

parents, Robert and Allison Forte did just that when<br />

they put their passion to benefit special needs<br />

children into action. With a gift <strong>of</strong> less than $500,<br />

they opened the “Anthony’s Army Fund” in honor<br />

<strong>of</strong> their son, and took the first step in making their<br />

dream a reality. their <strong>community</strong>…their <strong>foundation</strong>.<br />

Finally, one <strong>of</strong> the most important ways the <strong>Foundation</strong><br />

builds a successful <strong>community</strong> is through Endowment.<br />

“Endow.” While this word typically evokes the thought<br />

<strong>of</strong> money and finance, it can also mean the gift <strong>of</strong> time<br />

and talent. To build a successful <strong>community</strong> <strong>foundation</strong><br />

it takes both. The <strong>Community</strong> <strong>Foundation</strong> <strong>of</strong> <strong>West</strong><br />

Chester/Liberty has been endowed with the talents<br />

<strong>of</strong> many amazing people in our <strong>community</strong>. Those<br />

talented people have chaired our fundraisers, served<br />

on our Board, served as our staff and worked on our<br />

committees to build the success <strong>of</strong> the <strong>Foundation</strong>.<br />

We are eternally grateful to their leadership and vision.<br />

they are our <strong>community</strong>… building our <strong>foundation</strong>.<br />

Financially speaking, when you build an Endowment<br />

at The <strong>Foundation</strong>, you build a savings account for<br />

the future <strong>of</strong> the <strong>community</strong>. It is similar to <strong>your</strong> own<br />

personal retirement account. When you place dollars<br />

in an endowment, you place them there permanently.<br />

Building endowment is a powerful tool for a<br />

<strong>Community</strong> <strong>Foundation</strong>. Our Forever Fund is<br />

our Operating Endowment securing the future <strong>of</strong><br />

our <strong>Foundation</strong>. The Forever Fund has been built<br />

through the generosity <strong>of</strong> the Founding Families,<br />

Founding Businesses and Anniversary 80’s. their<br />

generous financial gifts are securing the future <strong>of</strong><br />

our <strong>community</strong>…our <strong>foundation</strong>.<br />

In spite <strong>of</strong> the sluggish economy, 2010 was a strong<br />

year for the <strong>Foundation</strong>. Thanks to the financial<br />

support <strong>of</strong> the business <strong>community</strong> through their<br />

sponsorships and the attendees who supported the<br />

events, our fundraisers were extremely successful.<br />

These successes afforded us the tremendous<br />

opportunity to establish a $20,000 Endowment for<br />

our <strong>Community</strong> Grants Fund. In addition to increasing<br />

our annual <strong>community</strong> grant expenditures, it is the<br />

intention <strong>of</strong> the Board to annually deposit significant<br />

funds into the <strong>Community</strong> Grants Fund Endowment.<br />

It is a savings for our future needs.<br />

We are proud to be building for our future. We are<br />

thankful to you, our supporters, for enabling us to<br />

do so. It is <strong>your</strong> <strong>Community</strong>…<strong>your</strong> <strong>Foundation</strong>!<br />

Together, we are the heart <strong>of</strong> our <strong>Community</strong>,<br />

meeting our needs for today while preparing for<br />

tomorrow!<br />

Gratefully,<br />

Patti Alderson<br />

Board Chair and CEO<br />

2 0 1 0 a n n u a l r e p o r t<br />

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