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Established in 1979 with a $250,000 donation, Southminster Foundation supports the church's mission by funding nonprofit programs serving the needy. With managed assets of $645,684 and grants totaling $18,600 in 2013, the Foundation has contributed over $800,000 since 1980. Join as a member to participate in grant committees or donate to make a difference. Engage in planning and building relationships to further the Foundation's impact.
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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.
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
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.
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
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
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
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.
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
Nominations • 3 year term, 2014 – 2017 • Craig Butler • Greg Jones • Frank Angelo • 1 year term served by Trustee • Sue Kozak