2012 Annual Report - Arizona Community Foundation

ARIZONA COMMUNITY FOUNDATION PAGE 5ACF introduced an additional investment offering for donoradvised funds, supporting organizations and nonprofitendowments. The Socially Responsible Investment Pooljoined ACF’s three other investment options: the Long Term,Intermediate and Short Term pools. While all four pools areinvested in a diverse mix of assets to ensure long-term growthand preservation of capital, the Socially ResponsibleInvestment Pool integrates social and environmentalconcerns into investment decisions.Every fundholder at ACFnow has a dedicatedACF awarded nearly $800,000 in competitivegrants to 54 Arizona nonprofits for coreinfrastructure areas that are key to long-termviability: business model planning; mergers,acquisitions and collaborations betweennonprofits; communications and technology;and developing a planned giving program toencourage and facilitate estate gifts. Applicantswere required to bring at least half of therequested grant amount to the table in theirown matching funds, adding an extra layer ofaccountability and showing their commitmentto success. Grant awards ranged from $2,250to $20,000.EDWARD WEMYTEWA, K’YAWAKYAYINA:WA (WATERWAYS), 2006, OIL ON CANVAS, 2006.IMAGE COURTESY OF THE A:SHIWI A:WAN MUSEUM AND HERITAGE CENTER.The Arizona Community Foundation is serving, in partnershipwith its affiliated Flagstaff Community Foundation, as thefiscal sponsor for The Confluence Project. With significantsupport from the Lucile & David Packard Foundation and theChristensen Fund and in collaboration with Native advisors,the Confluence Project aims to support Native Tribeinitiatives around water, language, sacred places and healthon the Colorado Plateau.relationship managerwho serves as their“concierge,” answeringquestions, locatingneeded informationand working closelywith the donor andfamily around charitableinterests. We believethat having a primaryACF donors Jerry and Harryette David introduced founders of the Sponsors forScholars program to the Arizona Community Foundation and created a fund toensure the program has continuous support. Sponsors for Scholars provides themeans for high-ability, highly motivated students with strong financial need toattend competitive college preparatory high schools, and to graduate collegeready.Sponsors build relationships with the scholars, providing mentoring andguidance and sharing life experiences. The program was founded by foureducators: Camelback High School principal and NAU professor Dr. Chad Gestsonand his wife Megan, a staff development coach in the Roosevelt School District;Kendra Krause, director of Loyola Academy; and John Taylor, a teacher andcoach at Brophy College Preparatory. Local businessman and philanthropistDavid Bernstein, Mr. and Mrs. David, the four founders, and interested individualsprovide ongoing funding for the program. Learn more at sponsorsforscholars.org.point of contact, whounderstands donorgoals and is uniquelyfamiliar with each fund,adds a level ofconvenience and makesit even easier to achievecharitable goals.