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Good Afternoon!. East Central Illinois Community Development Symposium April 4, 2011. The Big Picture. First Community Foundation est. 100 years ago in Cleveland, OH 4.6 billion dollars put to work each year serving donors and strengthening communities

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Presentation Transcript
good afternoon

Good Afternoon!

East Central Illinois

Community Development Symposium

April 4, 2011

the big picture
The Big Picture
  • First Community Foundation est. 100 years ago in Cleveland, OH
  • 4.6 billion dollars put to work each year serving donors and strengthening communities
  • 717 Community Foundations with knowledge of local issues and resources
  • We are working in a Vibrant – Collaborative Field
what are community foundations
What are community foundations?
  • Tax-exempt public charities improving the quality of life in their area.
  • Enables people with philanthropic interests to easily and effectively support the issues they care about – immediately, or through their will.
  • Individuals, families, businesses, and organizations create permanent charitable funds by contributing a variety of assets and may also recommend grants to nonprofit groups and charitable projects they wish to support.
  • All community foundations are overseen by a volunteer board of leading citizens and run by professionals with expertise in identifying their communities’ needs.
slide6

Is there a community foundation in your hometown?

  • Service to Donors – There will always be individuals who need us.
  • Community need vs. available funding.
  • Transfer of Wealth – Between $6T - $24T is projected to go to charity by the year 2052.
slide8

Our mission is to bring the full capabilities

of a community foundation to smaller communities

in our region by working with local volunteer boards

serving their hometown.

slide9

Southeastern Illinois Community Foundation charges fees to the funds under its administration to help defray the personnel, administration and other operational costs.

Services communities receive for the administrative fee include:

Integrated fund accounting and reporting services;

Shared website;

Stronger identity through market branding and shared publications;

Professional investment management;

Independent annual audit and tax reporting;

Compliance with national and state ethical and operational standards.

Asset development and grant making conducted locally.

sicf staff and board of directors
SICF Staff and Board of Directors

Jim Schultz, Chair

Open Prairie Ventures

Scott Lensink, Vice Chair

Lake Land College

Rick Siemer, Secretary

Siemer Milling Company

Brian Titus, Treasurer

Lorenz Supply Company

Joedy Hightower

President/CEO

Jon Fulton

Executive Director - Mattoon

Valerie Belusko

Administrative Assistant

sicf investment committee
SICF Investment Committee
  • Brian Titus (Lorenz Supply Company)
  • Blake Linders (Linders LTD/McDonalds)
  • Jeff Richards (SunGuard)
  • Carol Rohr (Fifth Third Bank)
  • Karen Erskine (Raymond James Financial Services)
  • Diana Smith (West & Company)
  • Steve Wente (Doehring & Winders)
  • Doug Zuhone (Eastern Illinois University)
  • David Cox (Lake Land College Foundation)

First Mid-Illinois Bank - Mattoon

Wealth Management Custodian

county leadership boards
County Leadership Boards
  • Established in 1999
  • 55 Component Funds
  • 13 member leadership board
  • $5.1 million TNA 12/31/2010
  • Total Grants - $721,967
  • Established in 1980
  • 20 Component Funds
  • 13 member leadership board
  • $1.1 million TNA 12/31/2010
  • Total Grants - $335,000

$1 Million in grants and growing!!

working together a trusted resource for rural philanthropy

working

Working Together –A Trusted Resource for Rural Philanthropy

together

We work through community leaders.You stay in control of your local relationships; we’re here to provide administrative and marketing resources.

We partner with you.We provide information and expertise on charitable giving to donors interested in supporting local causes.

We help you build stronger relationships.Your community benefits from the charitable impact and local donors receive the tax advantages of their charitable gifts

We help you connect across generations.Local individuals, families and corporate donors establish funds now for the benefit of future generations

sicf core values
SICF Core Values

Collaboration – We bring together people, processes and funds to focus on the common goal of community strength and sustainability. Together we can accomplish more than we can separately.

Best Practices – We utilize efficient, effective strategies and methods to enhance SICF staff and volunteer talents and resources for the benefit of our member foundations.

Growth and Development – We work to support communities, member foundations and SICF goals for growth and positive evolution into the future.

Power of Community – We believe in and support the power of our communities to develop their potential by applying their passions and their resources.