Important Announcement
PubHTML5 Scheduled Server Maintenance on (GMT) Sunday, June 26th, 2:00 am - 8:00 am.
PubHTML5 site will be inoperative during the times indicated!

Home Explore 2017 Annual Report

2017 Annual Report

Published by Community Foundation of East Central Illinois, 2018-05-11 13:59:40

Description: 2017 Annual Report


Read the Text Version

2017 Annual Report

BOARD OF TRUSTEES For good. Tom Brown OUR VISION: To raise the quality of life CHAIR throughout east central Illinois. Katie Bermingham Since the Community Foundation was established in 1972, VICE-CHAIR it has distributed nearly $16 million in charitable grants to over 400 nonprofit organizations that work to improve Joe Lamb the quality of life in communities throughout the area. SECRETARY These charitable distributions include designated and undesignated gifts from endowments, field of interest Bradley Uken funds, donor-advised funds and scholarship funds. TREASURER OUR VALUES: Tom Costello PAST CHAIR We are a leader in promoting philanthropy in an impartial, unbiased, ethical way, with a commitment to inclusiveness. Austin Hill We bring together people and resources to identify and Debra Hirschi address present and emerging community needs. Wynne Korr For ever. Deb Klein Jeff Livesay OUR MISSION: To be a major catalyst for Rebecca McBride long-term philanthropic assistance to the residents of east central Illinois. Joe Petry Mike Royse The Community Foundation has been entrusted to serve Trina Wright-Dixon the long-term philanthropic goals of many diverse donors— just as John Franklin and the founders envisioned. The Joan M. Dixon Community Foundation stewards over 120 funds and its total PRESIDENT & CEO assets have grown from $1,300 in 1972 to over $25 million. Helen Levin* The growth in both assets and distributions is attributed HONORARY TRUSTEE to well-managed endowed funds and other assets. In addition, the Foundation administers grant dollars *deceased on behalf of the Marajen Stevick Foundation and in collaboration with the Lumpkin Family Foundation. All Community Foundation this has enabled the Community Foundation to distribute of East Central Illinois nearly $1 million annually for the past several years to nonprofit organizations that provide vital services and 307 W. University Ave. enrichment to residents. Champaign, Il 61820 217.359.0125 [email protected] www.cfeci.orgThe CFECI is a 501(c) (3) organization. All donations are tax deductible to the full extent of the law.

Dear Friends,Thank you! We are grateful foryour continued support of theCommunity Foundation of EastCentral Illinois. Last fiscal year,your generosity helped us makea difference for many living in ourregion. Your contributions—past,present and future—allow us to be aleader and major catalyst for long-term philanthropic assistance to theresidents of east central Illinois. Thankyou for trusting us with your gifts.In 2017, our foundation againdistributed nearly $1,000,000, 89%to organizations in our region. Morethan 140 nonprofits received grants,scholarships, program-related Tom Brown and Joan Dixoninvestments and designated funddistributions from the Foundation.Now THAT is community impact powered by philanthropy!We also launched our Community Solutions Incubator and continued our Building BetterBoards work. Both initiatives help assure our donors that “Best Practices” for nonprofitsare being observed throughout our area. Please read more about these programs on thefollowing pages.2017 finally brought a state budget. While not a perfect solution for all, this budget keepsthe doors open for many of our local nonprofits. After two and a half years of uncertainty,our area’s most vulnerable were relieved to see funding for vital programs and servicesonce again.Thanks to our six investment partners, our endowment portfolio was up nearly 14% for 2017,not including the sums taken out for distribution. We are very pleased with this and ourannualized performance year-over-year.We were deeply saddened by the passing of one of our Hearts of Gold Award winners lastyear, Walt Manske. Walt gave his time and professional facility-planning skills to numerousnonprofit organizations whose causes he supported. Walt is remembered as a kind andgenerous man who made our nonprofits and our community better.We are grateful to our loyal donors and those new donors who joined us this past fiscalyear. Thank you for making it possible for the Community Foundation of East Central Illinoisto raise the quality of life throughout east central Illinois. With your help and support, welook forward to focusing on our friends and neighbors in 2018.Joan Dixon Tom BrownPresident & CEO Chair, Board of Trustees 2017 CFECI Annual Report • 1

Thank You! CFECI Donors Make $1,000,000 Impact—AGAIN!For the sixth straight year, the Community Foundation of East Central Illinois has distributed nearly$1,000,000 on behalf of our donors! As a result, 140 nonprofit organizations and causes, primarilyin our nine-county regional service area, have been able to improve, expand or enhance the vitalservices they provide to residents. 7% 14%6% Arts OtherDisabilities 2017 Health & Charitable Human Services Distributions 19%2% Education Environment Youth 24% 29%2 • 2017 CFECI Annual Report

2017 CHARITABLE DISTRIBUTIONSArt Film Foundation Friends of the Forest Preserve Salvation ArmyAUL Foundation SBL PeacemealBelmont University — FCI BTS Sola Gratia Farm Girl Scouts of Central Illinois Spark Museum Scholarship Grace Community Church Spring InitiativeBoy Scouts, Prairieland Council Grand Prairie Friends Stephens Family YMCAButler University — FCI BTS Greater Champaign County AMBUCS U of I Extension Griot Arts U of I Foundation Scholarship Holy Cross SchoolCalifornia State University-Fullerton — Homestead Corporation – Applied Health Sciences Hope Chest - Pekin – Department of Intercollegiate Horizon Scholarship Hope Meadows AthleticsCanaan Baptist Church Safe House Illinois Foundation FFA – English DepartmentCASA of Vermilion County Illinois State University – Friends of the LibraryCentral Illinois Volunteerism – School of Music – Dana Buerkett Scholarship – WILL AM-FM-TV Conference – Horizon Scholarship UIC College of Medicine — FCI BTSChampaign County CASA – Kenneth Freeland Scholarship ScholarshipChampaign County Humane Society UIUC HillelChampaign County Nursing Home John A Logan College — FCI BTS UNESCOChampaign Park District Scholarship United Way of Champaign County University High School – Prairie Farm Lake Forest College — FCI BTS University of Alaska-Anchorage — – Virginia Theatre Scholarship FCI BTS Scholarship University of IllinoisChampaign Urbana Cradle to Careers Land of Lincoln Legal Assistance – Charlie Due ScholarshipChampaign Urbana Jewish Federation Foundation – Christine & Lucien Nesbitt Champaign Urbana Scholarship Lincoln Land Community College — – Clif Rocks! Scholarship One-to-One Mentoring Charlie Due Scholarship – Dana Buerkett ScholarshipChampaign Urbana Symphony – Horizon ScholarshipChampaign Urbana Symphony — Mahomet Boy Scout Troop 25 – James L Sisk Scholarship Mahomet-Seymour Education – Kathy Murphy Scholarship Youth Music University of Iowa — HorizonChildren’s Advocacy Center Foundation ScholarshipChorale, The Martin Luther King Scholarship Fund University of Missouri-Columbia —Community Resource & Counseling Maryville University — FCI BTS FCI BTS Scholarship University of Southern Indiana — Center Scholarship FCI BTS ScholarshipCourage Connection McKinley Memorial Presbyterian University YMCACrisis Nursery Upper Sangamon River ConservancyCUMTD - Bus Passes for Nonprofits Church Urbana Neighborhood ConnectionsCunningham Children’s Home Monticello Railway Museum CenterDevelopmental Services Center Morningside College — Kathy Murphy Valenti FundDoCha Vermilion Museum SocietyDon Moyer Boys & Girls Club Scholarship Vermilion County Rape Crisis CenterDREEAM Opportunity Center Museum of the Grand Prairie Wesley Food PantryEastern Illinois Foodbank New Covenant Fellowship Wheaton College — Christine &Edwardsville School District Nyack College Lucien Nesbitt Scholarshipempty tomb Orthopterists’ Society Windsor Road Christian Church,Family Advocacy of Champaign County Parkland College — James L Sisk Celebrate RecoveryFamily Service of Champaign County YMCA of Muncie, INFellowship Circle Scholarship YMCA of the USAFellowship of Christian Athletes Parkland College Foundation YMCAs of Wabash ValleyFire & Police Memorial Planned Parenthood of East CentralFirstFollowers 2017 CFECI Annual Report • 3First Methodist Church of Rantoul IllinoisFirst Presbyterian Church of Champaign Prairie Air/WEFTFirst United Methodist Church of Prairie Center Health Systems Promise Healthcare — Frances Nelson Champaign Promise Healthcare — SmileHealthyFriends of Champaign County Nursing Prosperity Gardens Rantoul Public Library Home Rantoul Rotary ClubFriends of PEB, Inc. Reading Group, The Rotary District 6490 Salt & Light

The Community Solutions Incubator launched in August of 2017. A program of the Community Foundation ofEast Central Illinois, the Community Solutions Incubator combines the power of social innovation and creativity toaddress our community’s most significant challenges.At the Community Solutions Incubator, emerging and young nonprofit entrepreneurs pilot their ideas and createsupporting structures alongside other social innovators in a well-resourced co-working space, receiving hands-onmentorship and guidance from some of the area’s most successful community leaders in a variety of fields anddisciplines. Networking opportunities, workshops, and seminars — along with limited access to financial support —create a generative and innovative environment in which the next generation of community leaders andorganizations will emerge, not only strengthening our local community but potentially producing replicableprograms across the nation.For more information, contact us at 217.359.0125. DIBBS Fighting hunger by saving food, DIBBS is creating a real–time platform to connect grocery stores and food agencies. DREAAM OPPORTUNITY CENTER Using a deeply integrated approach, DREAAM Opportunity Center is committed to shaping and increasing educational outcomes, knowledge, skills and life opportunities among children, young adults and families of promise. GRADPIPELINE Increasing the number of underrepresented US minorities with graduate degrees in order to shape the future of our nation’s leadership through mentoring platforms.DREAAM Opportunity Center HOUSEHOLD HAZARDOUS WASTE LEADERSHIP TEAMPrairie Dragon Paddlers Guiding efforts toward implementation of convenient, safe and environmentally responsible household hazardous waste management collection options for citizens of Champaign County. IMBIBE URBANA Based on the principles of placemaking, Imbibe Urbana is committed to enhancing the community and economic development strategies in the city of Urbana. MAKERGIRL Inspiring 7 to 10 year old girls to be active in STEM. PRAIRIE DRAGON PADDLERS Inspiring hope and contributing to the well-being of breast cancer survivors while increasing awareness of breast cancer, promoting wellness, and working with the health care community to improve care.4 • 2017 CFECI Annual Report

Third Annual Hearts of Gold GalaCelebrates Seven Local Philanthropists2017 Kyle and Phyllis Robeson PhilanthropyAward Recipients: Richard and Rosann NoelRichard and Rosann Noel’s vision, philanthropic leadership and generosityhave left an indelible imprint upon our community. The Noels have enrichedthe quality of life in east central Illinois by giving generously of their time,talent and treasure and by inspiring others to give.The Noels have been long-time supporters of organizations with causes closeto their hearts: the Kidney Foundation of Illinois, Parkland Foundation, theiralma maters (University of Michigan and University of Illinois), EmmanuelMemorial Episcopal Church and several local nonprofits. The CommunityFoundation of East Central Illinois, United Way of Champaign County, Page’sALS Challenge, Cunningham Children’s Home and Stephens Family YMCA arealso among those to receive generous donations from the Noels.Richard and Rosann Noel embody the spirit of giving, especially with Richard and Rosann Noeltheir philanthropic legacy. A Charitable Lead Trust was established with theCommunity Foundation by Rosann’s parents, H.I. and Mabery Gelvin, in 1986.This unrestricted fund continues to distribute donations to nonprofit organizations. The amountof the grants from this fund has far exceeded the original gift amount. The Noels’ generouscontributions will continue to enrich the lives of our residents. Through their various endowedscholarships, galleries and building projects, the Noels have created a lasting imprint on ourcommunity for generations to come.Hearts of Gold AwardsThe 2017 Hearts of Gold Award recipients were Tom Kacich, columnist for The News-Gazette, nominated by SteveBeckett; John Jones, business manager of First United Methodist Church, nominated by Christy Devocelle andJane Green; Grace Mitchell, executive director of Family Advocacy of Champaign County and retired UrbanaHigh School social worker, nominated by Elizabeth deGruy; Tim Flavin, volunteer director of Mi Razza, nominatedby Charles Larenas; and Scott Price, “Amtryke Ambassador” and board member of Greater Champaign CountyAMBUCS, nominated by Bob Lacey. 2017 CFECI Annual Report • 5

Capacity-Building Micro Grants Since 2010, the Community Foundation has had the pleasure of working with the Lumpkin Family Foundation to provide funding for professional development opportunities for the staff and boards of nonprofit organizations. These grants are focused on small nonprofits, often with very few staff members and whose budget usually cannot expand to include these educational opportunities. This funding — almost $50,000 to date — has allowed nonprofits to attend national and regional meetings, bring in consultants and become acquainted with peers and trends in their fields. The nonprofits must provide a 20% match to the funding available from the Foundation. As one recent recipient of the grant mentioned of the opportunity: “It showed that we were not in a league of one — we were not in it by ourselves. There are others out there who have similar experiences and who can help us when we need their advice.” The further commitment to building capacity for organizations in our region is evidenced by the Lumpkin Family Foundation’s matching contribution to a capacity-building endowment. Because of this, the Community Foundation will be able to continue to fund professional development opportunities well into the future. Thanks to the Lumpkin Family Foundation for their commitment to helping nonprofits increase their expertise. Building Better Boards Courage Connection, Hope Meadows, Urbana Neighborhood Connection Center, Rape Advocacy, Education and Counseling Services, Mahomet Area Youth Club…what do these organizations all have in common? They are part of the Community Foundation’s Building Better Boards program. The multi-year engagement focuses on helping the boards of nonprofit organizations understand their legal, financial and stewardship responsibilities to the organization. Over the course of Phase 1, the organization’s bylaws are reviewed, board training and education is provided and the board takes a critical and in-depth look at the organization. Finally, a new strategic plan is developed to carry the organization into the next three years. Phases 2 and 3 — “Unlocking the Inner Fundraiser” — emphasize the important role that the board plays in ensuring that financial resources are available to enable the mission of the organization to continue. Training is provided to develop a comfort level for board members as fundraisers for their organizations. After all this hard work, the organization is rewarded by having new bylaws, a new strategic plan, really good board members and additional revenue of up to $25,000 from the Community Foundation.6 • 2017 CFECI Annual Report

FUNDS OF THE COMMUNITY FOUNDATIONOF EAST CENTRAL ILLINOISFor the Year Ended December 31, 2017 Bold Type Indicates New FundEndowments Hansen-Peer Champaign County Donor Advised Funds Illinois Futbol Club- Historical Museum2076 Fund 825 FundAcademy Memorial Joe Seeley Memorial Champaign County Champaign AsphaltAccess to Recreation Mary E. Jones Nursing Home Auxiliary Clif Rocks!Wilda Adams John K. Jones Downey Family CharitableAnonymous (Private Robert D. Jones Champaign Park District Jean Driscoll Wheelchair John Michael Kauffman Foundation Conversion) Frances R. Kesler Champaign-Urbana RacingW. Barclay & Frederick C. Special Recreation Cynthea Geerdes-Todd Memorial Brasch Morris Kessler Family Service MartinezH.R. Bresee Bud & Sandy Leister Elva Greeson Bell TowerMichael J. Carragher Stephanie Manuel Generations of Hope Wade Hampton & AndreaChampaign County CASA Anna J. MerrittChampaign Southwest August Meyer Mahomet Public Library Reno Monticello Railway Jane A. Hays Family MTD Orpheum Children’sChampaign-Urbana Museum Museum Charitable Albert D. Mulliken Horizon Fund Symphony The Reading Group Bill J. & Karen L. HunsingerChildren’s Advocacy Music for Us Alice & Gene LambDavid & Faye Cole Marthena Nonneman United Way David George MillerCommunity Foundation Curtis C. Nash Children’s Fund for Children United Way – Early Capacity Building Dorothy Ozier Childhood Circle CreativityCommunityWorks David R. & Katherine D. Robeson Family BenefitPatrick Thomas Costello United Way – Rotary District 6490Joan Dixon Parkhill Tammy Lemke Barry & Linda WeinerDavid C. Eades Hobart L. & Mary K. PeerECIRMAC – Joy Mary K. Peer United Way – Special Project FundsAlbert Eisner Carol A. ScharlauElizabeth’s Literacy Administrative Central Illinois VolunteerismEmanuel Farms Mary Vita Rosmarino United Way – Edwin A. CU Cradle 2 CareerTerry and Barbara England Justus Seaman and Carol A. Scharlau CU Film SocietyMary Alice English Marajen Stevick CUMTD Bus PassesJoyce Ettensohn United Way – DoChaFarm Credit Illinois— Foundation Volunteerism Circle DREAAM Linda Nelson Stocks Fire & Police Memorial AG-Vocacy John P. Trebellas United Way – Youth Circle Public Art League –Founders (Sustaining) John P. and Artemis C.Georgia May Fisher Urbana Legacy Tree Fund Ebert SculptureFranklin Prairie Farm Trebellis UNESCO Center for GlobalMargaret O. Franklin Urbana Parks FoundationFranklin Youth The Gift of the Arts Fund CitizenshipHolly Williams Gallivan Youth Music Appreciation Upper Sangamon RiverH.I. & Mabry Gelvin WGRC – Champaign Urbana Public ArtGreen Meadows Commission ConservancyDon Moyer Boys & Girls Rotary Club Urbana Public Television Club OrganizationalIda Haack Endowments Scholarship Funds A Woman’s Fund Bridge to Significance Bottenfield P.T.A. Family Scholarship Boys & Girls Club of (Farm Credit Illinois) Danville Dana Buerkett Memorial Charlie Due Baseball Kenneth Freeland Memorial Rep. Naomi Jakobsson Kathy Murphy Lucien & Christine Nesbitt Memorial James Sisk Pearl Sisk 2017 CFECI Annual Report • 7

2017 A Gift of Art Endowment Fund Dr. Alicia GeddisCFECI James and Linda GieskeDONORS Anonymous Bill and Claire Gifford Gerald and Joyce Glynn8 • 2017 CFECI Annual Report Anna J. Merritt Endowment Michael and Lisa Graff Fund Halloran Family Foundation Wade Harrison III Anna Merritt Ronald Harshman Rep. Chad and Mrs. Ruth Hays Boys and Girls Club of Dr. William Hensold Danville Endowment David and Karen Hoguet Mark and Kara Huss In memory of Louis Mervis Darrell and Dr. Alice Marie Jacobs Saundra Alcorn Misti Kaag Aqua Illinois Inc. Dr. and Mrs. Karinattu Arctic Zone Iceplex Brian Kimrey Jim Bailey James Knoblauch and Wesley Bieritz Wilbur and Linda Bolton Joyce Seay-Knoblauch Kathie Borst David and Susan Laker Cathy Bott Stephen and Judith Laker Ed and Norletta Bryleski Dan and Judy Laughner Jimi and Anne Christison Kenneth Mack Scott Clark Shawn and Mindy Mallady David Cocagne Barry Marks and Nancy Sage Joe Coleman Tom and Jan McGurk Ann and Russ Covode Thomas and Marsha Meyer Cozad Asset Management, Inc. Stephen and Shannon Minne Thomas and Barbara Crays Harold and Carol Moe Cronkhite Industries Marilyn and Steve Myers George Curtis Mel and Judy Myers Adrienne Dahncke Stephen and Cindy Nacco Danville Paper and Supply Old National Bancorp Anen and Ron DeLyons Fund Karen O’Neil Mark Denman Tom and Darla O’Shaughnessy Depke Welding The Louis and Helen Padnos William and Jane Dobbles Dr. John Mason Foundation Scott Duffey Robin and Dianna Poindexter Charles and Joyce Eicken Professional Physical Therapy Gary and Nancy Erickson Bob and Kathy Richard Robert and Cheryl Ervin Joan and George Richards John and Madeleine Evans Phyllis Rogers F.E. Moran Security Solutions Judge John O’Rourke Dr. Joseph Fabrizio and Phyllis K. Schlarman Academy Fred and Lavon Schultz Dougherty Revocable Trust Dr. Alan and Jennifer Schwartz, Faulstich Printing Co. Fred Faulstich Johnathan and Emily Mike and Nanette Finkle Security Venture, Inc. First Busey Corp. Leif and Andrea Selstad Edward and Susan Fliesher John and Sue Shane Peter and Kim Fox Jeff and Shelley Shinn Foundation Arthur and Julie Friedman Joseph and Jennifer Skowronski Justice Rita B. Garman Courtenay Stocker Timothy and Linda Geary

Bob and Jo Ann Swires James Gossett Susan and Pat Fitzgerald Donna Taylor David Hess Theodore and Linda Frank Trinity Metals, LLC Michael and Linda Jones Beverly Friese Fred and Candy Underhill Sandra Goss Lucas and David Lucas Rochelle Funderburg David Dillman and Cheryl Vergin Kelli Martin The Arthur J. Gallacher FoundationVermilion County Title Company Sean and Hope Morrison William Gleason Joe and Tracy Vincent Doug Nelson and Janet Ellis-Nelson Helen Grandone Al and Lonna Wagner SJO Fine Arts Boosters Randall and Theresa Green The Watermark Group Jane Green Bill and Pat Westphal In honor of Clif Aldridge C. Kristina Gunsalus andThomas White Thirty ClubWhite Smith Marketing Group Christopher and Anne Webber Michael Walker Charles and Carolyn Haines Bridge to Significance Family In honor of Sue Aldrige, Nancy Andrea Harrington Scholarship Clinton, and Laura Taylor Mark Netter and Eve Harwood Judy Wiegand Roger and Fran Haughey Farm Credit Illinois Michael and Debra Hirschi In memory of Anna Prorok Bruce and Ingrid Hutchings Brieland-Korr Endowment James and Margaret Rooney Henry and Elizabeth Jackson Fund Lenrose Jahiel Community Foundation of Francis and Helen Jahn S Wynne Korr East Central Illinois Naomi and Eric Jakobsson Harold and Pat Jensen Champaign Asphalt Fund Phil and Patricia Abruzzi Robert Kirby Harold Adams Chris and Suzette Kittell Open Road Paving Richard Adams William and Deborah Klein Carl and Nadja Altstetter John Knoblett Champaign County Nursing Chester Alwes and Marlys Scarbrough Barb and Dave Kuhl Home Auxiliary Fund Don and Suzi Armstrong Robert and Patricia Lacey Garrett and Beth Arndt Joe Lamb Jack Anderson and Kathryn Palmer Atkins Group Ezra Levin Foundation Anderson Mark Ballard Mark Lipton BankChampaign Jeffrey and Sarah Livesay Richard and Sherry Breitenfeldt Maureen Banks David Marshall John and Roxanne Frey Anthony and Anna Benjamin Kim and Denise Martin Cynthia Oliver Katie Bermingham Rebecca McBride Lila Jean Wicklund Todd and Sara Black Carl and Wava Meyer Barry Brindley Diane and Bill Michaels In memory of Esther Bright Tom and Mary Ann Brown Dennis Muncy Ben Sliwinski and Brenda Carlton Marc and Janis Changnon Joseph Murphy Evan and Karen Coobs Doug Nelson and Janet Ellis-NelsonCharles and Barbara Hundley Chris Dangles Alan and Kassandra Nudo Fund Jeffrey and Jodi Davis Tracy Nugent Marlene Davisson Glen and Jackie Paine Charles and Barbara Hundley Tod and Bonnie Dawson Jenny and Peter Park Steve and Jayne DeBruyn Joseph and Ann Petry Children’s Advocacy Matt and Katherine Deering Kip and Janet Pope Endowment Marie and Rudy DesChamps Rantoul Historical Society Christy and Mike Devocelle Edward and Lois Rath Mary Bunyard Brooke Didier-Starks and Lee Starks Lance and Jana Raver Kari May Donnini-Rudolph Family Foundation Gretchen Robbins J. Andrew Edwards Robeson Family Benefit Fund Clif Rocks! Fund Ann Einhorn Mike and Laura Royse John and Lois Elder Steve and Debbie Rugg Bob and Suzanne Aldridge Keith and Mary Emmons Carol Aldridge Robert and Mary Ann Espeseth Patrick Brown A. Belden Fields and Jane MohrazEugene Funk IV Duncan Funk JB and Celeste Gerace Jeffrey Goldberg 2017 CFECI Annual Report • 9

2017 CFECI DONORSMarlys Scarbrough Cynthia Hoyle Joseph Murphy Peter and Ellen Schmidt Susan Jones Bruno and Wanda Nettl Edra Scofield Jan Kijowski Dan Noel Judy and Timothy Sehy Ben LeRoy Gary Olsen and Claudia ReichKen and Joan Sensenbrenner George McCoppin Ratko Orlandic and Mirjana CesnjajDavid Sholem Amber McCoy Pursuit Institute, LLC Cecile Steinberg Tracy Pettigrew Chetana Rao and Jagannath MallelaRichard and Marilyn Thies Amanda Raklovits Edward and Lois Rath John and Terry Thies Elizabeth Rich Pam Ray Lott and SuAnn Thomas Stuart Smith Linda Robbennolt Art and Shirley Traugott Amy Snyder Juanita Rogers Bradley and Christine Uken Robert Stickels Craig and Gail Rost Roy Van Buskirk Bill and Sandy Volk Mary Ann Royse and Michael HowiePhillip and Cheryl VanNess Todd Whitt Vaidotas and Birute Simaitis Helen Vedder William Wilson Svetlana and Richard Sowers Rebecca and Monty Wade Nancy Yeagle and Harold Allston Sullivan Parkhill Ruth Wene Michael Zeidler Amy Thompson Ruth Worner Kendell Welch and Lu Welch Trina Wright-Dixon Dana Buerkett Memorial Deanna Williams and Young KimAnthony Zahrn Scholarship Ernesto Zepeda and Cristina FloresIn memory of Irma Smith Darcy Thomas Ed and Carol Scharlau FundNancy and C. Richard NashCharles Sturies and Nancy Nash DoCha Carol and Ed Scharlau In memory of Marion Edwards Carl and Nadja Altstetter Elizabeth’s Literacy FundCozad Asset Management Anonymous Ron and Susan Kiddoo Kathy Aquino Anne Conley-Goldstein — In honor ofMyron and Sonya Sholem Garrett and Beth Arndt Dr. Elizabeth Goldsmith-Conley Barham Benefit Group Cradle 2 Career Fund Ken Bengoechea Elizabeth Goldsmith-Conley Charles Boast and Marsha ClinardCopper Creek Church Jenifer Cartwright Fire and Police Memorial FundWalton and Lee Ann Kelly DeWayne Coambs andKim and Denise Martin Tyler Funk Juliana Arazi Coambs David Griffet CUMTD Bus Pass Program Willis Colburn John Hart Bob and Pat Davis Kyle Hayden Evan Alvarez David Delaney Gary Ludwig Andrea Antulov John and Terri Dodson Levi Lustfeldt Drew Bargmann Albert and Barbara England Amy O’Boyle Simons andApril Blacker Rhonda Fallon Deborah Bosch-Whitt Ed and Kathy Feser Patrick SimonsBeth Brunk Forget Me Not Florals Charles and Leslie Sullivan Emily Carter Michael Fuerst Kathy Lee WeberChampaign Unit 4 Schools Mildred Gerard In memory of Robert DeckerTiffany Clark John Grunau Carl and Barbara AlsupAnthony Cobb Kathleen Harleman AnonymousMark and Diane Cousert Janice Jayes Russell and Barbara BenderC-U Mass Transit District Koester & Bradley, LLP Sonya BickersMary Jo Erickson Joan Lawler Mary BowenKarl Gnadt Alan and Pat Madsen Marc and Patricia Burgess David and Tracy Clark 10 • 2017 CFECI Annual Report Pamela Cler Jerry Easton

Kelly and Laura Eisenbeiss Jane A. Hays Family Charitable Steve and Esther Portnoy FundDanny and Joanne Elam FundRusty and Jill Freeland Stephen and Esther PortnoyMark and Janna Furnish Jane Hays Ruben and Toni Graff Terry and Barbara EnglandCarter and Donna Jones Joan M. Dixon Endowment FundSusan Leskis FundGeorge and Shawna Lukert Albert and Barbara EnglandMeyer Capel, P.C. Joan Dixon Dennis Muncy UNESCO Center for GlobalMary Punke John P. Trebellas Endowment CitizenshipDonald and Constance RouxSadorus Sportsman Club Artemis Trebellas Esquire Lounge Judith Sawyer Barbara Ford Robert and Lanita Schuster Kenneth Freeland Memorial Amani Fouad AyadDavid and Lisa Tikusis Scholarship FundDonald and Nancy Uchtmann United Way EndowmentJohn and Robin Volk Rusty and Jill Freeland Susan and Stephen Wallace Joan DixonRobert Walters Mahomet Public Library Jan KileyVicki Wright Endowment Fund Eric and Tammy Lemke Ed and Carol ScharlauFriends of the Champaign John and June Holmes Kevin YonceCounty Nursing Home Monticello Railway Museum United Way-Tammy LemkeMary Bailey Endowment Leadership FundJames and Jane BarrettTom and Cathy Emanuel David Marshall Tammy Lemke D.F. GrotheMary Hodson Music for Us Endowment Fund Upper Sangamon RiverMargie Johnson and W. Elane Jones Conservancy FundMarjorie Workman Anonymous Scott Hays In memory of Anna Prorak Noel Endowment Fund Roger Inman Steve and Debbie Rugg Elizabeth Kirby Marcia Mueller and Charles Prorok Richard Noel Joseph Niernberger Christine Chamberlain Puffer and Noel Foundation Anna Rosen Keck and Jason Lindsey John Puffer Patrick Thomas Costello Urbana Parks Foundation Endowment Fund EndowmentIn memory of Dorothy FieldsA. Belden Fields and Jane Mohraz Tom and Rose Costello Urbana Parks Foundation Deloris Henry Rosmarino Fund Urbana Public ArtsGeerdes Martinez Family Fund Commission Fund Mary Vita Rosmarino Cynthea Geerdes and Todd Martinez Kathryn and Daniel Harrell Rotary District 6490 GrantIllinois Futbol Club-Joe Seeley FundMemorial Fund Richard Davidson Rebecca Fuller — In honor of Coach Larry Howell Ian Park Drake Zimmerman and Jan ElflineHuman Kinetics Spark MuseumJeff Rubin Michael Darter Sanjay Patel and Aman Aulakh 2017 CFECI Annual Report • 11

STATEMENT OF FINANCIAL POSITIONFor the Year Ended December 31, 2017 2017 2016CURRENT ASSETSCash and cash equivalents $ 689,487 $ 599.289 20,000Grantor investment receivable 17,400 3,821Current portion of accounts receivable 3,820 17,891Cash value life insurance 19,253 641,001Total current assets $ 729,960 $ Property and Equipment:Land 26,500 26,500Building 246,500 246,500Equipment and Furniture 18,121 18,121Accumulated depreciation (28,288) (21,021)Total property and equipment, net $ 262,833 $ 270,100Other assets: $ - $ 3,820Accounts receivable, net of current portion Investments 16,702,768 14,402,132Building held for sale 810,000 810,000Other InvestmentsPrivately held stock, held for investment 1,628,000 1,628,000 58,000Real estate, held for investment 58,000 800,000Peer farm property, held for investment 800,000 Total non-current assets $ 19,998,768 $ 17,701,952TOTAL ASSETS $ 20,991,561 $ 18,613,053CURRENT LIABILITIESGrant funds awarded pending disbursement $ 49,157 $ 47,942 810,000Contract for sale liability 810,000 857,942TOTAL LIABILITIES $ 859,157 $ NET ASSETSUnrestricted $ 1,617,680 $ 1,276,926Temporarily restricted 4,535,797 3,195,662Permanently restricted 13,978,927 13,282,523Total net assets $ 20,132,404 $ 17,755,111TOTAL LIABILITIES AND NET ASSETS $ 20,991,561 $ 18,613,053 12 • 2017 CFECI Annual Report

STATEMENT OF SUPPORT, REVENUE AND EXPENSES-MODIFIED CASH BASIS For the Year Ended December 31, 2017 Temporarily Permanently Unrestricted Restricted Restricted TotalREVENUE AND SUPPORTGifts, grants and contributions $ 236,469 $ 140,378 $ 695,042 $ 1,071,889Foundation Support Fee 221,307 - - 221,307Peer farm income - 24,441 - 24,441Condo rental - 8,100 - 8,100Life insurance value increase - - 1,362 1,362Investment income, net 261,261 1,969,195 - 2,230,456Private stock income distribution - 170,903 - 170,903Annual meeting income 10,600 - - 10,600Other 3,461 - - 3,461Net assets released from restrictions 972,882 (972,882) - - Total revenue and support $ 1,705,980 $ 1,340,135 $ 696,404 $ 3,742,519EXPENSESProgram services 1,320,836 - - 1,320,836 - Management and general 39,874 - - 39,874Fundraising 4,516 - $ - 4,516 Total expenses $ 1,365,226 $ - $ 1,365,226CHANGES IN NET ASSETS 340,754 1,340,135 696,404 2,377,293NET ASSETS – BEGINNING 1,276,926 3,195,662 13,282,523 17,755,111NET ASSETS – ENDING $ 1,617,680 $ 4,535,797 $ 13,978,927 $ 20,132,404 2017 CFECI Annual Report • 13

Each generation improved the community so as to make life less harsh and richer for future generations. We should not assume that no more needs to be done. We must continue helping our neighbors and we must continue to improve and add to the humanitarian resources of our area for the benefit of present and future generations. Community Foundation of East Central Illinois, May 1972Community Foundationof East Central Illinois307 W. University Ave.Champaign, Il [email protected]

Like this book? You can publish your book online for free in a few minutes!
Create your own flipbook