PDF version - Community Foundation of Southern Wisconsin

2012-2013
Financial Summary
Donations to the Community Foundation of Southern Wisconsin are pooled for investment purposes with total returns
allocated to each component fund. Component funds of the Community Foundation benefit from the greater
diversification and effectiveness that the pool provides, more than would be possible for single funds.
The Asset Management Committee of the Community Foundation monitors the performance of our investments in
conjunction with a team of investment managers from area financial institutions. Our investment managers are from
BMO Harris Bank N.A., First National Bank & Trust-Beloit, Johnson Bank, Union Bank & Trust, US Bank, and Wisconsin
Bank & Trust.
All financial information represents figures as of fiscal years ending June 30.
Condensed Statements of Activities
2013 2012
Revenues and gains
Contributions $ 4,479,619 $ 3,757,964
Investment & other revenue $ 3,210,413 $ 645,597
Total revenues and gains $ 7,690,032 $ 4,403,561
Grants and expenses
Grants & program expenses $ 2,742,476 $ 2,463,122
Management and general $ 288,269 $ 269,304
Fundraising $ 81,750 $ 76,884
Total grants and expenses $ 3,112,495 $ 2,809,310
Increase in net assets $ 4,577,537 $ 1,594,251
Net assets start of year $ 26,639,345 $ 25,045,094
Net assets end of year $ 31,216,882 $ 26,639,345
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
Operational Expenses as
a percentage of assets
1.94% 2009
1.52% 2010
1.29% 2011
1.38% 2012
1.26% 2013
Year
ended
Investment Performance
Total Assets
2009 $20,147,686
2010 $24,567,469
2011 $28,806,296
2012 $30,351,436
2013 $35,220,164
1 Year 3 Year 5 Year 7 Year 10 Year
Actual Investment Returns
Benchmark - 60% Wilshire/40% Barclay Inter Govt/Credit Bond
Assets and Grants by Fund Type
Total Assets $35,220,164 Total Grants & Scholarships $2,271,355
Unrestricted Field of Interest Scholarships Designated Donor Advised Organization
Assets 19%* Assets 6% Assets 29% Assets 15% Assets 13% Assets 18%
Grants 9% Grants 8% Scholarships 27% Grants 22% Grants 23% Grants 11%
Advisory boards Donors support Most scholarship Donors choose Donors recommend Founded to support
recommend causes rather awards are specific nonprofit grants to charitable specific organizations
grants to address than specific presented to high organizations organizations. with annual grant
current needs. organizations. school graduates. to receive ongoing awards.
Includes
support.
community funds.
10 Giving Back . . . Giving Forward
*10% of the unrestricted assets are in charitable remainder trusts and are not yet making grants.