REAL HELP - Southwest Florida Community Foundation

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trUstees and staFF our Board officers Dawn-Marie Driscoll, Chair Joe Mazurkiewicz, Ph.D, Vice Chair Sandy Robinson, Secretary-Treasurer Jay A. Brett, Immediate Past Chair trustees Marie M. Ackord Rep. Gary Aubuchon Roy Borrego, CFM Patricia K. Dobbins Kevin L. Erwin Craig Folk Hon. Archie B. Hayward, Jr. Larry A. Hobbs, MD Charles K. Idelson Howard Leland David Lucas Jacqueline “Jacke” McCurdy Sarah Owen Darren Robertshaw Robbie Roepstorff David Shellenbarger Gay Rebel Thompson Myra Hale Walters A. Scott White Guy E. Whitesman Steven R. Whitley, CPA Senior Advisory trustees Audrea Anderson Susan Bennett Joseph Catti Robert da Frota Guy S. Emerich M. William Frey Chris A. Gair Sam Galloway, Jr. Francis L. Howington Donna Kaye Melvin Morgan James R. Nathan William T. Prather David G. Robinson Carolyn Rogers John W. Sheppard J. Tom Smoot, Jr. Gene Solomon trustees emeriti Robin Brown Jerry D. Hussey James W. McFadden Steve Pontius our Staff Sarah owen President and CEO ronald e. Penn Chief Financial Officer and Chief Operating Officer ed Kominowski Director of Development and Planned Gifts Anne douglas Director of Programs Kate mcKenney Director of Finance and Operations Jacqueline ehlers Executive Assistant raven Kneally Accounting Assistant Janet remmel Operations Assistant Kim Williams Receptionist Every attempt has been made to ensure that the information provided in this report is accurate through June 30, 2011. We apologize for any errors or omissions. Please contact our office with any corrections. A copy of the official registration and financial information may be obtained from the Division of Consumer Services by calling 1 (800) 435-7352 within the state. Registration does not imply endorsement, approval or recommendation by the state. Registration #CH661 32 www.floridacommunity.com
2010-2011 FinanCiaLs our Last Fiscal Year The Southwest Florida Community Foundation (SWFLCF) was founded over 35 years ago on March 1, 1976 with an initial donation of $500. Since our founding in 1976, the Community Foundation has received over $80 million in contributions and has distributed over $50 million in grants and scholarships. As of June 30, 2011, our total assets amounted to $60,882,511. SWFLCF is governed by a volunteer board of trustees made up of community leaders who represent diverse areas of expertise in Lee, Charlotte, Hendry, Glades, and Collier counties. Our Finance Committee, comprised of experienced trustees and senior advisors, oversees the financial affairs of SWFLCF. The Finance Committee meets at least quarterly to review investment results, administrative expenses, and general operating issues. As we receive contributions from active donors, as well as from wills, estates, and trusts, SWFLCF creates endowment funds to last into perpetuity. These funds are invested in accordance with an investment policy carried out by investment managers engaged and overseen by the Finance Committee. The primary, long-term investment objective of our investment policy is to preserve real (inflation-adjusted) purchasing power of Community Foundation assets and earnings after accounting for investment returns, spending, and inflation. To achieve this goal, the SWFLCF portfolio is invested in equities, fixed income, and alternative investments with multiple investment manager diversification in each of these categories. During the 2010-2011 fiscal year, we granted distributions out of our funds totaling over $3,053,000, which included over $2,716,000 for non-profit agencies and $337,000 for scholarships. We look forward to our next 35 years with hope for greater service to the communities of Southwest Florida. Special thanks are extended to our donors, who make our work so rewarding. www.floridacommunity.com 33
Page 1 and 2: www.floridacommunity.com 1
Page 3 and 4: From the President/Ceo Often times
Page 5 and 6: What is a Community Foundation? A c
Page 7 and 8: Why A Fund At Southwest Florida Com
Page 9 and 10: How We Make An Impact Contributors
Page 11 and 12: Linda Ackert Maureen Bashaw Alexand
Page 13 and 14: Arden McCurdy Margaret Bly McLean J
Page 15 and 16: HoW To APPLY FoR GRANTS SWFLCF gran
Page 17 and 18: The Foundation for Lee County Publi
Page 19 and 20: 2011 Scholarship Fund Recipients AA
Page 21 and 22: and Research Foundation; Visually I
Page 23 and 24: Walter B. & dorothy LaChicotte Fund
Page 25 and 26: City of Sanibel employee dependent
Page 27 and 28: honorariums in honor of Janet eusti
Page 29 and 30: Sam & Kathy Galloway, Jr. Suzanne G
Page 31: Anne Tatler Lee Anne Tauck Charles
Page 35 and 36: Investment objectives The primary,

REAL HELP - Southwest Florida Community Foundation

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