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Southminster Foundation

Southminster Foundation. 2013 Annual Report. Foundation Basics. Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained to grow principal. The majority of gains are used in grants that achieve the mission of the Foundation, and of the church.

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Southminster Foundation

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  1. Southminster Foundation 2013 Annual Report

  2. Foundation Basics • Established 1979 with $250,000 Donation. • Principal is invested. Some gains are retained to grow principal. • The majority of gains are used in grants that achieve the mission of the Foundation, and of the church.

  3. Foundation Basics • Governed by 12-person Board • Grant, Promotion and Legal Committees are open to non-Board members • Church members are Foundation members • Meetings are open to church members

  4. Mission • Southminster Foundation supports the church’s mission with funding for community non-profit programs that serve the needy, and funding for Southminster Presbyterian Church’s building and membership programs.

  5. 2013 Highlights - Financial • Dec. 31, 2013 Managed Assets: $645,684 • 2013 Grants = $18,600 • $9,500 to Community Organizations • $9,100 to Southminster • Total Grants since 1980 > $800,000 • ~ $400,000 to Community Organizations • ~ $400,000 to Southminster

  6. 2013 Community Support • Grant Committee • Debbie Wilkins, Chair • Zeno Katterle, Katie Lu, Stan Martinson, Amanda Moore, Jeff Tefelske, Kathy Ayers • Grants for 2013: Bienstar $1,000 NAMI of Washington County $2,500 Care to Share $2,000 Rebuilding Together $2,000 Family Bridge Shelter $2,000

  7. Granting Process • Annual strategy review • Targeting the West-side suburban areas • Once per year grant cycle • February 28th Deadline • Applications through the church or website • 2014: $10,000 in Community Grants • 2014: $9,400 to Southminster

  8. Ways You Can Participate YOU are a Southminster Foundation member- join us! • Time? Join a committee or join the board. • Money? Donate at any time! • 2013 donations of $1680 • Planning? Make the Foundation part of your will/estate plan. • Relationships? Help your networks request a grant.

  9. Thank You • The Board of 2013 • Rick Collins– President and Promotions Committee Chair • Joanne Wakeland– VP and Investment Committee Chair • Kirstin Fredrickson* – Secretary • Greg Jones– Treasurer (Volunteer, not a Board member) • Wayne Bridges, Zeno Katterle*,Katie Lu, Amanda Moore*, Kathy Ayers, Elizabeth Sloan, Holly Bishop, Jeff Tefelske • Craig Butler – Trustee as Representative of Session • Completing a 3 Yr Term

  10. Nominations • 3 year term, 2014 – 2017 • Craig Butler • Greg Jones • Frank Angelo • 1 year term served by Trustee • Sue Kozak

  11. THANK YOU

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