05 annual report V4 - Chester County Community Foundation
05 annual report V4 - Chester County Community Foundation
05 annual report V4 - Chester County Community Foundation
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11<br />
NEW FUND HIGHLIGHTS<br />
The <strong>Community</strong> <strong>Foundation</strong> welcomes 31 new funds this year. Although we are proud<br />
of all of our funds, space permits only a few to be highlighted.<br />
ANONYMOUS FUND, ESTABLISHED BY “MR. & MRS. SMITH”<br />
“We’re getting up there in age. When it came time to sell our home and head to a retirement community, we realized that<br />
we were going to have more money than we would need. Finally, it was our chance to do something charitable in a big way.<br />
All our lives, we’ve wanted to do something like this.<br />
“We knew the charity we wanted to donate to. It is not a well-known charity. But our family had benefited from its services,<br />
and it continues to struggle financially to provide exceptional services to the community. We couldn’t part with all our<br />
money at once. In talking with our financial planner and estate planner, we decided that a charitable gift annuity was the<br />
way to go. We could donate the real estate proceeds in a lump sum, and get an immediate tax deduction. And we could<br />
also get some money paid to us over our lifetime, so there is an ongoing source of income. We can have our cake and eat<br />
it, too. We can provide for our favorite charity, but we can also have some life income.<br />
“Then we found out that our favorite charity didn’t have the capability to offer us a charitable gift annuity. The administration<br />
was beyond them. However, at the same time, we heard that the <strong>Community</strong> <strong>Foundation</strong> could handle charitable gift<br />
annuities.<br />
“It turned out that the <strong>Community</strong> <strong>Foundation</strong> was the right vehicle for us. The <strong>Community</strong> <strong>Foundation</strong> could accept a six<br />
figure real estate proceeds gift, arrange to pay us lifetime income, and earmark the remaining funds for our favorite <strong>Chester</strong><br />
<strong>County</strong> charity. Plus the <strong>Community</strong> <strong>Foundation</strong> can preserve our anonymity, which is very important to us. And on top of<br />
all that, the <strong>Community</strong> <strong>Foundation</strong> can still tell our story, and hopefully inspire other people to make this kind of gift to<br />
benefit their favorite charities as well.<br />
“We’re delighted that the <strong>Community</strong> <strong>Foundation</strong> understands that planning for the future takes on new dimensions as we<br />
age. The <strong>Community</strong> <strong>Foundation</strong> understands that donors want financial security, and also to leave something meaningful<br />
behind.”<br />
TEMENOS RETREAT CENTER’S “IN COMPANY WITH ANGELS”<br />
Today it seems that sacred spaces are dwindling while secularism thrives. Many of us crave a respite<br />
from the spiritually-zapped day-to-day routine. The Temenos Retreat Center’s In Company with<br />
Angels project is an answer to this need. The project exhibits seven freestanding, eight-foot stained<br />
glass windows, each depicting an angel. Temenos is touring the angels as a virtual church without<br />
walls to encourage recognition that spirituality is present in all aspects of life and that everyone who<br />
lives a good life the best they know how is a part of a universal church.<br />
Temenos calls the angels “messengers of peace, healing and connection among all people” and offers<br />
the exhibit to encourage spiritual inquiry and interfaith acceptance. Manifestations of the sacred,<br />
these windows are beacons of historic and artistic significance.<br />
The windows were created by Tiffany Studios in New York City at the end of the 19 th century.<br />
Remarkably, these 100 year old windows have spent the last 40 years in storage. Now, having been<br />
rediscovered, these seven masterpieces are in significant need of restoration. Temenos created the In<br />
Company with Angels fund to stimulate community participation and support for the restoration and<br />
touring effort. The tour will commence with the completed restoration, which is projected for the<br />
Spring of 2006.<br />
WILLIAM TAYLOR MEMORIAL FUND<br />
William M. Taylor, known as Bill, is the beloved late husband of State<br />
Representative Elinor Z.Taylor. Bill demonstrated a lifetime interest in and dedication<br />
to emergency and medical services. During World War II, Bill served as a<br />
First Class Medic for the Navy. In the early 1960’s, Bill joined the Good<br />
Fellowship Ambulance program.<br />
Bill passed away on Fathers’ Day, June 20, 2004. His wife felt the most compelling<br />
way to remember him while giving back to the community was to create a<br />
scholarship fund.The scholarship would be awarded to someone who, like her husband,<br />
is committed to service, but more specifically, service as a paramedic or<br />
firefighter. The Honorable Dr. Elinor Z. Taylor said, “Establishing the Memorial<br />
Fund draws focus to the causes which William held so dear. As an educator, he<br />
helped students advance to reach their full potential.This was first and foremost<br />
on his mind, every day of his career.”<br />
In May, Michael Brewer, upon graduation from Henderson High School, was<br />
named the first recipient of The William Taylor Memorial Scholarship. Michael is<br />
the third generation in his family’s longstanding tradition of volunteer service to<br />
Firehouse Station 51, following his mother, his father and his grandfather. With<br />
the help of Taylor’s scholarship, Michael will attend Cabrini College. He plans to<br />
study microbiology, play lacrosse, and volunteer at a nearby firehouse.<br />
This scholarship award marks the intersection of Michael’s commitment to his<br />
family’s legacy of service with Bill’s commitment to his community. Bill’s <strong>annual</strong><br />
scholarship fund will, year after year, enable and encourage young people, like<br />
Michael, to pursue higher education and serve their communities.<br />
CHAIN OF LOVE FOUNDATION FOR TURNER SYNDROME<br />
The idea of parents watching their child suffer is heartbreaking. When Steve and<br />
Kim Niggeman’s 3-year-old daughter was diagnosed with Turner Syndrome,<br />
instead of succumbing to the ordeal they now faced, they chose to proactively<br />
confront their daughter’s condition.<br />
In creating the <strong>Foundation</strong>, the Niggeman’s became not only passionate advocates<br />
of their daughter, but advocates for girls and women who suffer from Turner<br />
Syndrome.<br />
The <strong>Foundation</strong> has allowed the Niggeman’s to create a network of support for<br />
families and patients. Kim Niggeman explains, “It is a logical next step for us to<br />
establish the Turner Syndrome <strong>Foundation</strong> with the hopes of finding the medical<br />
means to mitigate the impact of this tragic disease.”<br />
Turner Syndrome, a condition that occurs exclusively in women, results when one<br />
of the two X chromosomes normally found in females is missing or incomplete.<br />
Named after Dr. Henry Turner,Turner Syndrome presents itself most commonly as<br />
short stature and lack of ovarian development. Other characteristics involve predisposition<br />
to cardiovascular, kidney and thyroid conditions.<br />
Today there is no cure for Turner Syndrome, but various treatments using growth<br />
hormones or estrogen replacement can alleviate and manage the symptoms.The<br />
<strong>Foundation</strong>’s mission to promote early detection, to recognize and foster healthy<br />
management of symptoms, and to increase the quality of life for those afflicted<br />
with Turner Syndrome.<br />
The Niggeman’s wish for their daughter is their wish for all women afflicted with<br />
this agonizing disorder: a full, vibrant life. The Chain of Love <strong>Foundation</strong> for<br />
Turner Syndrome is a positive step in the right direction.<br />
NEW FUNDS