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2 Families 4 40 Funds Years of Community Philanthropy S I B L I N G S M Y L E S A L D E R M A N A N D J E A N A D N O P O Z R E M E M B E R T H E I R PA R E N T S A S C A R I N G D E E P L Y A B O U T P E O P L E Their father, Abner, had a close relationship to the community through the family’s furniture company, while their mother, “Nan”, was a volunteer chair of the Yale-New Haven Hospital gift shop. In 1969, the Abner A. Alderman Fund was established through gifts from family and friends as a permanent memorial to the father and husband who was known as a gentle, hardworking man. The fund’s name would be amended some 30 years later to include his wife’s name after her death. “My parents’ interest in and concern for others encouraged my brother and me to become actively involved in our community,” says Jean. “I think our lives reflect what we’ve learned from them about giving back and the importance of caring about others.” Years after the Alderman family established their fund, Stanley Loewenstein set up a fund in memory of his sister, Ruth Osterweis. Loewenstein, a founder of West Virginia’s Greater Kanawha Valley Foundation, knew that an endowment was the best way to permanently honor the generous spirit of his sister and benefit the New Haven community she grew to love. Elders give children lesson of philanthropy, children take the lead in community activism “My mother devoted countless hours to volunteering at several non-profit organizations in New Haven,” recalls Nancy Osterweis Alderman, who is married to Myles Alderman. “She was a wonderful listener who always had time for others. My father was equally generous in sharing his time and talents not only with his Yale students and their college organizations but also with a number of New Haven non-profits, including the New Haven Historical Society and New Haven Preservation Trust.” The unrestricted funds created by the Alderman and Osterweis families are flexible vehicles that support a broad range of charitable programs each year. A N O N G O I N G S T O R Y O F G E N E R O S I T Y Continuing the family pattern of philanthropy, Myles, Jean and Nancy have all volunteered for Foundation-related projects and are working to improve our human and natural resources. After many years in the family business, Myles joined the development staff of The Nature Conservancy of Connecticut. He is a former member of The Foundation’s finance and development committees and a founding member of New Haven’s Urban Resources Initiative Inc. (URI). URI is a non-profit that collaborates with local New Haven community groups, residents and The Foundation to
G I V I N G H O P E How a $10,000 Fund Grows Over 50 Years. In just 50 years, a $10,000 endowed fund will increase to $70,575 in principal. Over the same period of time it would give out $80,683 in grants. This growth is possible because The Foundation achieves some of the nationʼs best investment returns among community foundations, year after year. See page 54 for details. T A K I N G P R I D E How Establishing a Fund Builds a Stronger Community. The story of the Alderman-Osterweis legacies is just one example—among hundreds—of how Greater New Haven residents are realizing their personal visions and honoring loved ones. Through endowments, your vision can live far beyond today to make positive, sustainable change in your community. Your page in history awaits you. See page 6 for Funds list. $17,827 $153,737 Combined gifts that established the Abner A. & Hannah S. Alderman and Ruth L. Osterweis Funds $109,746 Combined LEFT TO RIGHT: Abner A. Alderman, Hannah S. Alderman, Ruth Loewenstein Osterweis amount given to community over 40 years Combined value of endowed funds 40 years later with additional gifts T H E C O M M U N I T Y F O U N D AT I O N F O R G R E AT E R N E W H AV E N 2 0 0 7 A N N U A L R E P O R T T H E G I V E & TA K E O F P H I L A N T H R O P Y 2 3
Page 1 and 2: The Community Foundation for Greate
Page 3: A M E S S A G E F R O M T H E C H A
Page 7 and 8: 1986 Author and Yale Child Study Ce
Page 9 and 10: Dr. Stephan Ariyan Foundation Fund
Page 11 and 12: Other organizations funded by the B
Page 13 and 14: Chauncey Fellowship Fund Est. 2002
Page 15 and 16: Fund for the Dixwell Community Hous
Page 17 and 18: Samuel P. Gaines Fund $15,783 Est.
Page 19 and 20: In addition to the TEAM grant, the
Page 21 and 22: Hodgson/Leventhal Fund $58,362 Est.
Page 23 and 24: Maria E. Lavorato Fund Est. 2000 by
Page 25 and 26: The Alice Pack Melly Fund Est. 2007
Page 27 and 28: Donor advised funds like the Stuart
Page 29 and 30: The Helen L. Palmer ‘Spirit of th
Page 31 and 32: Maureen A. Reilly Fund $172,485 Est
Page 33 and 34: In its first year as a Foundation F
Page 35 and 36: Lisl Karen Streett Fund $438,134 Es
Page 37 and 38: John D. Wheeler Fund $80,034 Est. 1
Page 39 and 40: Robert E. Bence & Ellen Doyle Sharo
Page 41 and 42: Steven & Sherri Jasinski E. Juhani
Page 43 and 44: Garrett Solomon Stephanie Spangler
Page 45 and 46: Counselors, and the International A
Page 47 and 48: Bikes For Kids . . . . . . . . . .
Page 49 and 50: International Documentary Associati
Page 51 and 52: PICTURED LEFT: Humbert V. & Carol S
Page 53 and 54: PICTURED LEFT: Katharine Dana Engli
Page 55 and 56:
Susan G. Komen Breast Cancer Founda
Page 57 and 58:
16 14 12 10 8 6 4 2 0 PERFORMANCE I
Page 59 and 60:
Combined Statements of Activities F
Page 61 and 62:
Mariam Evans Fair Haven Community H
Page 63 and 64:
C O M M U N I T I E S S E R V E D A
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