2011 Annual Report

focus on the future

2011 annual report

1 President and Chairman’s Letter

2 Compassion

5 Leadership

6 Inspiration

8 By the Numbers

10 Financial Overview

12 Supporting Organizations and Affiliates

14 Board of Governors

16 Staff and Volunteers

Please note that complete lists of donors, funds,

grants and volunteers can be found on our website at www.tcfrichmond.org/11report.

8

Contents

T he Community Foundation serves and inspires people to build

philanthropy for our region and to engage in our community.

W e work closely with donors and community

partners to fulfill our mission by:•Promotingaregionalperspective,•Developingandsharingcommunityknowledge,•Collaboratingtowardscommongoals,•Demonstratinginclusivenessandrespect,and•Achievingtransparency,accountabilityandefficiency.

Focus on the Future

F amily values, personal experiences, and a passion to make a difference influence every decision to give.

We strive to be inclusive, responsive to new ideas and innovative in our thinking—all with the goal of providing a clear focus for your inspiration.

Our Mission

Our Values

Lists

www.tcfrichmond.org/11report

Darcy S. OmanPresident & CEO

John Sherman Jr.Chairman

T he world around us is in constant motion. The circumstances that shape our lives, and those we serve, are changing at a

rapidpacewitheachnewday.Asaresult,TheCommunityFoundation is more relevant than it has ever been before, offering a distinct perspective and steadfast commitment to the Richmond region.

Asaleadingsourceoflocalphilanthropy,TCFhelpstocultivate relationships and advance effective strategies that contribute to the quality of life and future prosperity of our community. For more than 40 years, we have served as a catalyst, developing deep com-munity knowledge and connecting donors with causes they care about. We apply the generosity of past generations to address today’s challenges and opportunities, just as the next generation continues to build endowment to address the needs of tomorrow.

In 2011, we received $121 million in gifts, with donations ranging from $10 to multi-million dollar bequests. This signi ficant growth brings into focus an increased opportunity to balance responsive-ness to current needs with openness to new possibilities.

By September, TCF’s Board will adopt an updated strategic framework to guide our community grantmaking and leadership investments. We have gained insights from area funders, nonprofit partners, donors and civic leaders to better define community issues and to determine TCF’s role as a collaborator in advancing the most effective solutions. We are also framing results and prog-ress measures that lead to better outcomes for the region and all its citizens. The transition will be one in which community grants are made not only for their individual merit but also for their fit into a mosaic that seeks impactful and measurable change over time.

Over the past year, we unfortunately lost three visionaries who helpedchartthecourseforTCF.BootyArmstrong,DeePretlow and Elmon Gray set a high standard for civic leadership and philan-thropy in our region and challenged TCF to adopt more proactive and innovative strategies in our effort to build a strong community for future generations. We are fortunate that their legacy to the community lives on, in part, through the Foundation. We would liketoalsoacknowledgewithdeepappreciationAliceGoodwin and Lee Showalter, whose terms of service ended in 2011.

The future is bright and opportunities abound. Now, more than ever, we are positioned to create lasting change within our community. We thank you for your partnership and look forward to working with you to fulfill our collective vision for a healthier, more vibrant region.

“ As a leading source

of local philanthropy,

TCF helps to cultivate

relationships and

advance effective strategies

that contribute to the

quality of life and future

prosperity of our region.”

President and Chairman’s Letter

TheCommunityFoundation2011AnnualReport•1

2•TheCommunityFoundation2011AnnualReport

Compassiongiving across generations

F or John Markowitz, his mother Kathleen and his grandmother

Dot,therearefewoccasionsmore important than when they are all together.Alreadyatightknitfamily,philanthropy has brought them even closer together.

Giving back was modeled by John’s late grandfather, in part through a fund at The Community Foundation. Today, it is a tradition that is readily embraced across all generations of the family. Dotactivelyvolunteeredthroughouther life, but now finds joy in seeing her children and grandchildren involved in helping others. Kathleen volunteers with organizations serving disabled persons and John is a proud big brother through the Big Brothers Big Sisters program. In addition, John is a member of the Richmond Giving Circle, where he works with other young professionals to learn about community needs and make a greater impact together.

Over the years, John enthusiastically introduced his family to organizations he

learned about through the Richmond Giving Circle. His passion is contagious and his family has recognized him for it. John has emerged as their “in-house expert” on community issues. He facili-tates an annual family meeting in September around his grandfather’s birthday and brings forth new ideas for discussion.

Like so many other philanthropists, the family prefers to deflect attention away from themselves in favor of the organizations they support. This includes organizations like Gateway Homes, which was instrumental in providing support to a dear relative, and to the YMCA,wheretheyhavelongbeenmembers and see firsthand the benefits oftheYMCA’scommunityenrichmentprograms. “Generosity flows both ways,” says Kathleen, “and we have experi-enced it throughout our lives.” This is just one of many TCF families who, through their generosity, are planting the seeds for a brighter future.

“ The needs of our community are

immense. Every act of volunteering

or giving makes a difference,

no matter how small.”

— John Markowitz

YMCAofGreaterRichmondhelps cultivate healthy, thriving children.

John Markowitz, Kathleen Markowitz and Dot Moore

Leadershiptransforming a community with passion and purpose

A sDamonJiggettswalksthrough the bustling hallways of Peter

PaulDevelopmentCenter(PPDC),heisupliftedbywhatheencounters.Asecond grader stops the new executive director to show off a good grade on a recent math test, exclaiming that she wants to go to college to become an engineer. In a community with the high-est concentration of intergenerational poverty in the City and where only 30% of those over age 25 have a high school diploma, she is one of 70 children servedbyPPDCwhohasbeentaught to work hard and exceed expectations.

Damonrepresentsemergingtalentwithin the region’s nonprofit sector. With a balance of leadership, skill and vision, he is boldly mapping a path to a brighter future for residents of the East End.“Damonisacatalystforchange.AgraduateoftheEmergingNonprofitLeaders Program, he has a strong back-ground in community building and a knack for drawing on the strengths of

others,”saidChrisMoore,PPDC board chairman.

Damonunderstandsthattherenewalof the East End extends beyond the walls of the Center. It involves close ties with schools, families and community mem-bers. It relies on community-wide part-nerships built on shared responsibility, accountability and honest conversation. The goal is to build healthy, thriving and connected communities. To that end, Damonenvisionsacommunityinwhichresidents look beyond public housing to identify themselves proudly as one com-munity—the East End.

The Community Foundation is working in collaboration with area funders, nonprofits and civic leaders who share a common vision to trans-form the East End. TCF and its donors have invested more than $2.7 million in this work over the past three years. However, this is a long-term effort and, likePeterPaulDevelopmentCenter,TCF is in it for the long haul.

Damon Jiggetts and Chris Moore


“ Peter Paul Development Center is

a bridge to a different kind of future

for the East End’s residents.”

— Chris Moore

PPDCteacherMs.Deroowithherstudents.

Inspirationguiding youth toward their dreams

D o you allow yourself to dream? Asadults,weencouragechil-

dren to believe that anything is possible. But, isn’t it too often that we do not heed our own advice? For Wendy Wadsworth, a Spanish teacher at Hanover High School, reaching for your dreams is part of the curriculum.

AsarecipientoftheR.E.B.Awardfor Teaching Excellence, Wendy saw her own dream come true. Over two consecutive summers, she traveled 500 miles across Spain by foot. She spoke different dialects to native and non-native Spanish speakers from across the globe. Most importantly, Wendy brought the whole experience home to her students, teachers and community.

Celebrating its 25th anniversary in 2012, the R.E.B. awards program has distributed $2.6 million in professional development grants to public school teachers for their dedication to student achievement.Asaresult,teachershavementored their colleagues, advanced to new positions and remained in the field longer. Students benefit from new and

innovative teaching methods and feel increased pride in their school.

AtTheCommunityFoundation,we believe that education is the key to future success. With 56 scholarship endowments, we are the single largest source for scholarships in Central Virginia. We support enrichment programs that enhance a student’s educational experience, including performingartsthroughSPARCandoutdoor learning through the Blue Sky Fund. We help to match young people with mentors through the Virginia Mentoring Partnership and connect students and their families with addi-tional resources through Communities inSchoolsandtheGreatAspirationsScholarship Program.

Programs like these give teachers, students and families the power to think beyond today and into tomorrow. “It gives people the chance to really aim for something more,” Hanover SuperintendentDr.JamelleWilsonsaid.Andthat’sjustwhatTheCommunityFoundation is all about.

“ There are immeasurable ways I have

benefitted from this R.E.B. award.

I will be able to share these vast

experiences for many years to come.”

— Wendy Wadsworth

Wendy Wadsworth hikes Spain’s Camino de Santiago with her daughter.

Wendy Wadsworth and Jamelle Wilson



By the NumbersGROWTH — The following facts and figures illustrate TCF’s ongoing efforts to promote philanthropy, impact positive change and increase civic engagement in our community.

2011 GRanT DiSTRibuTiOn

44% Youth & Family

Development

23% Health Promotion

& Access to Care

18% Community

& Economic Development

9% Community

Enrichment

5% Religion & Other

1% Promoting

Philanthropy & Strengthening Nonprofits

36 hours6,453 donations

$630,345 raised for

270 local organizations $$$$$$$$748 million in assets

1,077 nonprofits

received grants in 2011

$121 million in gifts =

2nd LARGEST

annual gift total in Foundation history

CumulativeGrantmaking Since 1968

1972First Grants

Awarded

$172.00

2011$595.7 million

Ranked #17 among U.S. based

community foundations


iMPaCT — See below how our grant support contributes to positive community outcomes.

FeedMore provided area children with

1,049,838 meals

and snacks through the Kids Café, Summer Feeding and

BackPack Programs last year.

20,345volunteer hours

x $21.36per hour

= $434,569 The value of volunteer

hours leveraged by TCF and HandsOn Greater Richmond

13.9% increase in community college enrollment

in Central Virginia over the past 5 years. By supporting a wide range of programs, TCF is helping to meet this demand and close the region’s achievement gap.

&Arecord-breakingcrowd of 200,000

attended the 2011 Richmond Folk Festival, a free community event

supported by TCF for seven years and counting.

With support from TCF,

Housing Opportunities Made Equal helped

2,216 families avoid foreclosure

from 2009–2011.

3,000 patient visits

were conducted in 2011 among Richmond City Health

District’s four new Health Resource Centers, providing

primary medical care to residents of the East End

who otherwise may not have access.

2009 2010 2011

$40$30

$121

2009 2010 2011

45 4650

2009 2010 2011

$48

$33

$48

2009 2010 2011

$200 $195 $200

TOTaL GiFTS RECEiVED(in millions of dollars)

nEW FunDS ESTabLiSHED(703 total funds)

TOTaL GRanTS aWaRDED(in millions of dollars)

TCF GRanT SuPPORT TO THE PaRTnERSHiP FOR nOnPROFiT EXCELLEnCE (in thousands of dollars)

TOTaLaSSETS(in millions of dollars)

0.0

87.5

175.0

262.5

350.0

437.5

525.0

612.5

700.0

2009 2010 2011

$565$619

$748

$248$282 $298

TCF

Supporting Organizations

I n 2011, The Community Foundation experienced strong growth in all asset areas, positive investment

returns, higher grantmaking and greater operating efficiency. The Foundation received $121 million in gifts, which in part fueled the asset growth and in part enabled an increase in grants awarded from $33 million to $48 million. The pace of new fund creation increased from 46 to 50, and a new supporting organization was added—The Pauley Family Foundation.

Spider Management contributed to positive results through its stewardship of The Richmond Fund, through which the Foundation invests its assets. Investment gains of 3.29% outpaced the S&P 500 Index. Notably, the

Financial Overview


46.3%Equity

17.6%Private

Equtiy/Venture

12.4%Absolute

Return

10.9%Real Estate

& Real Assets

8.6%Credit

4.2%Cash

THE RiCHMOnD FunD LPaSSET aLLOCaTiOn

EXPEnSES 2009 2010 2011

TCF Core Operating Expenses $1,998,570 $2,171,012 $2,421,998

TCFCoreStaff(FTE) 18.5 20.5 22

TCFCoreOperatingExpensesAs%ofTotalGrants 4.16% 5.29% 5.03%

2.1%

1 YEAR

14.1%

3 YEARS

9.71%

1.94%

-.03%

5 YEARS

5.13%

2.9%

10 YEARS

3.29%

The Community FoundationS&P 500 Index

2011 inVESTMEnT PERFORManCE


Foundation’s investment performance has exceeded this index over one, five and ten year periods, with the exception being the three year period that included an exceptionally strong market rally. Spider Management aims to produce con-sistent returns, resulting in outperformance when markets are flat or down, and underperformance during strong rally periods. The goal is to preserve capital and produce superior returns over long periods of time, which we believe is the right approach for stewardship of permanent endowments.

Despitethisgrowthinfinancialassets,theFoundation’soperating expenses continued to advance at a very moderate pace. Staff increased from 20.5 to 22 full time equivalents in order to continue high standards of due diligence and donor service. Our efficiency measures of core operating expenses as a percentage of grants, already one of the best in our field, improved from 5.29% to 5.03%.


COMMOnWEaLTH FOunDaTiOnSThe Community Foundation received its largest single gift in its history from Bill and AliceGoodwinin1996,resultinginthecreationoftheCommonwealthFoundations.Grants are awarded to charitable organizations within the Commonwealth of Virginia, including educational institutions and nonprofits that broadly enrich the quality of life for area citizens.

2011 GRanTS: $18,314,045

COMMOnWEaLTH FOunDaTiOn FOR CanCER RESEaRCHBillandAliceGoodwinestablishedtheCommonwealthFoundationforCancerResearchin 2002 after witnessing several friends and family members battle with cancer. The Foundation provides funding to several institutions that show promising results in helping to move potential treatments for cancer from the laboratory to human trials.

2011 GRanTS: $6,380,000

GaRLanD & aGnES TayLOR GRay FOunDaTiOnTheGarland&AgnesTaylorGrayFoundation,namedfortheparentsofformerStateSenator Elmon Gray, became a supporting organization in 1997. The Foundation continues the family’s tradition of giving by focusing on historic preservation, education and human services, with an emphasis on organizations serving Southside Virginia.

2011 GRanTS: $907,000

JEnkinS FOunDaTiOnThe Jenkins Foundation was formed in 1995 following the sale of Retreat Hospital. Honoringthelegacyofthehospital’sfounderAnnabellaJenkins,theFoundationiscommitted to providing compassionate care for the medically underserved. Grants are awarded in three strategic areas: access to community-based health care for the uninsured and underserved, substance abuse prevention and violence prevention.

2011 GRanTS: $1,772,000

THE PauLEy FaMiLy FOunDaTiOnIn June 2011, The Pauley Family Foundation converted into a supporting organization. EstablishedbyStanleyandDorothyPauley,theFoundationsupportsabroadrangeofcharitable purposes in the Richmond region, with a focus on health and human services, arts and cultural organizations, and preservation and support of local history and local historical institutions.

2011 GRanTS: $230,000

R.E.b. FOunDaTiOnRudolph and Esther Bunzl formed a partnership with The Community Foundation in 1987 to launch an awards program recognizing the contributions of outstanding public school teachers. In 1988, the Bunzls converted their private foundation into the first ever supportingorganization.TheR.E.B.FoundationnowsupportstheR.E.B.AwardsforTeachingExcellence,theR.E.B.AwardsforDistinguishedEducationalLeadershipandannual grants to educational, cultural and social service programs.

2011 GRanTS: $575,650

In 2011, The Community Foundation and its affiliates distributed $21 million in grants and scholarships. When combined with the grantmaking of our supporting organizations, total grants exceeded $48 million.

Supporting Organizations

PaRTnERSHiP FOR nOnPROFiT EXCELLEnCECreated in 2006, the Partnership for Nonprofit Excellence works to foster operating excellence among local nonprofits by bringing together the programs of Connect Richmond, Consulting Solutions, Hands on Greater Richmond, and Nonprofit Learning Point. These programs help to ensure that all volunteers, staff, and organizations across the region have access to high-quality professional development, networking and training opportunities, and access to resources critical to the success of Richmond’s nonprofit sector.

baRbaRa J. THaLHiMER & WiLLiaM b. THaLHiMER JR. FaMiLy FunDThe Community Foundation has enjoyed a long and trusting relationship with the Thalhimer family, dating back to Barbara’s service on the founding Board of Governors. In 2006, the family converted their private foundation into a donor advised fund. Barbara and Billy’s children and grandchildren nowadvisethefundandwillpreservetheircharitablevisionbysupportingreligious(Jewish),educational, cultural and humanitarian organizations in the Greater Richmond area.

2011 GRanTS: $245,100

Accomack

Essex

Gloucester

Isle ofWight

JamesCity

King AndQueen

Lancaster

Mathews

Middlesex

Suffolk

New Kent

Northampton

NorthumberlandRichmond

Surry

Westmoreland

York

Hampton

NewportNews

VirginiaBeach

Chesapeake

ProgramAffiliates


GLOuCESTER COMMuniTy FOunDaTiOnIn 2000, the Gloucester Community Foundation was created to serve preserve and enhance the quality of lifeinGloucesterCountythroughphilanthropy.Alocaladvisory board oversees the work of GCF.

TOTaL aSSETS: $2.6 MiLLiOnTOTaL # OF FunDS: 26

2011 GRanTS: $215,338

MaTHEWS COMMuniTy FOunDaTiOnThe Mathews Community Foundation was created in 1999 to build community endowments that will serve to strengthen the social, educational, cultural and environmental fabric of Mathews County in perpetuity. AlocaladvisoryboardoverseestheworkofMCF.


2011 GRanTS: $208,838

RiVER COunTiES COMMuniTy FOunDaTiOnIn 1996, the River Counties Community Foundation was created to become the first regional affiliate of The Community Foundation. It has become widely known as a local philanthropic resource for both donors and nonprofits in Lancaster, Middlesex and Northumberland Counties.AlocaladvisoryboardoverseestheworkofRCCF.


2011 GRanTS: $286,685

RegionalAffiliates


John Sherman Jr.Chairman

Retired Vice Chairman, Scott & Stringfellow

Thomas n. ChewningTreasurer

Retired Executive Vice President and Chief Financial Officer, Dominion Resources

Farhad aghdamiVice Chairman

Partner, Williams Mullen

Lissy S. bryanSecretary

Community Volunteer

austin brockenbrough iVManaging Director, Lowe,

Brockenbrough & Company

Maureen C. ackerlyPartner, Armstrong Bristow

Farley & Schwarzchild

Thomas D. byerSenior Vice President,

UBS Financial Services Inc.

Thomas S. GaynerPresident and Chief Investment Officer, Markel Corporation

iris E. HollidaySenior External Affairs

Manager, Dominion Resources

John a. Luke Jr.Chairman & CEO,

MeadWestvaco Corporation

E. bryson PowellPresident, Midlothian

Enterprises Inc.

Dianne L. Reynolds-Cane MDDirector, Virginia Department

of Health Professions

Ranjit k. SenPresident & CEO, CXI Inc.

Stuart C. SiegelRetired Chairman of the Board,

S&K Famous Brands Inc.

Mark b. SisiskyManaging Director,

Caprin Asset Management

Robert C. SleddSenior Economic Advisor to Governor Bob McDonnell

Darcy S. Oman President & CEO

The Community Foundation

William L. S. Rowe General Counsel

Hunton & Williams

karen booth adamsCEO, Hot Technology Holdings

Dee ann RemoFounder & Managing Director,

Heritage Wealth Advisors

Pamela J. Royal MDPresident, Royal Dermatology

and Skin Care

Thomas G. Snead Jr. Retired Chairman & CEO,

WellPoint Inc., Southeast Region

2012 Board of Governors

A.MarshallAcuff. . . . . . . . . . 2003-2008

JosephL.AntrimIII* . . . . . . 1999-2007

Beverley W. Armstrong*. . . . .2001-2011

Jeannie P. Baliles . . . . . . . . . . 1993-2001

JohnS.BattleJr.* . . . . . . . . . 1968-1978

FitzGerald Bemiss . . . . . . . . . 1968-1972

Austin Brockenbrough III. . . 1991-2001

D.TennantBryan* . . . . . . . . 1968-1986

Rudolph H. Bunzl . . . . . . . . . 1992-2000

BillyK.CannadayEdD . . . . . 2005-2006

RenardA.CharityMD . . . . . 2003-2005

SamuelA.Derieux . . . . . . . . 1990-1998

DeniseP.Dickerson . . . . . . . 2000-2008

Carol S. Fox . . . . . . . . . . . . . . 1998-1999

W.BrooksGeorge* . . . . . . . . 1978-1990

AliceT.Goodwin. . . . . . . . . . 2009-2011

FloydD.GottwaldJr. . . . . . . . 1986-1992

WilliamM.GottwaldMD . . . 1993-2002

Roger L. Gregory . . . . . . . . . 1999-2000

Robert J. Grey . . . . . . . . . . . . 1978-1983

JorgeHaddockPhD . . . . . . . 2009-2010

William H. Higgins Jr. MD*. . 1968-1985

Sheila Hill-Christian . . . . . . . 2007-2008

J.R. Hipple . . . . . . . . . . . . . . 2003-2005

AdrienneG.Hines . . . . . . . . 1981-1990

Waller H. Horsley . . . . . . . . . 1999-2007

Jon C. King . . . . . . . . . . . . . . 1992-2000

AbbotJ.Lambert*. . . . . . . . . 1988-1992

RobertJ.Lechner* . . . . . . . . 1986-1995

John M. Lewis Jr. . . . . . . . . . . . . . . . 2010

PatrickR.LiverpoolDBA . . . 2009-2010

Frank G. Louthan Jr. . . . . . . . 1977-1989

Katherine N. Markel . . . . . . . 2002-2009

John L. McElroy Jr. . . . . . . . . 1996-2004

MicheleA.W.McKinnon . . . 2001-2009

C.M.KinlochNelsonMD . . . 1985-1994

Robert F. Norfleet Jr. . . . . . . 1996-2005

E. Bryson Powell . . . . . . . . . . 1990-1998

DeloresZ.Pretlow* . . . . . . . . 1994-2002

Panny Rhodes . . . . . . . . . . . . 1991-1999

Paul H. Riley* . . . . . . . . . . . . 1984-1993

Walter S. Robertson III. . . . . 2000-2009

Robert P. Roper Jr. . . . . . . . . 2007-2009

Gilbert S. Rosenthal . . . . . . . 1996-2004

Frances H. Rosi-Fife . . . . . . . 1984-1993

William L.S. Rowe . . . . . . . . . 1979-1991

FrankS.RoyalMD . . . . . . . . 1989-1991

S. Buford Scott . . . . . . . . . . . 1968-1988

E. Lee Showalter . . . . . . . . . . 2003-2011

HerbertH.Southall* . . . . . . 1972-1988

Wallace Stettinius . . . . . . . . . 1986-1995

Gary M. Sullivan Jr. . . . . . . . . 1997-1998

E. Armistead Talman MD . . 1996-2004

Fred T. Tattersall. . . . . . . . . . 1999-2007

BarbaraJ.Thalhimer* . . . . . 1968-1981

Robert L. Thalhimer. . . . . . . 1981-1991

Richard G. Tilghman . . . . . . 2002-2009

Guy T. Tripp III. . . . . . . . . . . 1986-1996

Bruce W. Tyler . . . . . . . . . . . . 1991-1999

Barbara B. Ukrop . . . . . . . . . 2000-2008

Jane G. Watkins . . . . . . . . . . . 2001-2009

AnneM.Whittemore . . . . . . 1978-1990

Erwin H. Will Jr. . . . . . . . . . . 2001-2006

Fielding L. Williams* . . . . . . 1968-1978

Thomas S. Word Jr. . . . . . . . . 1992-2000

SamuelS.Wurtzel* . . . . . . . . 1971-1984

WilliamL.Zimmer* . . . . . . . 1978-1984

J.JamesZoccoMD . . . . . . . . 1995-2003

au D i TThomas G. Snead Jr., ChairmanJohnA.LukeJr.Ranjit K. SenJohn Sherman Jr.

D i S T R i b u T i O n SLissy S. Bryan, ChairmanMaureenC.AckerlyKarenBoothAdamsAustinBrockenbroughIVThomas N. ChewningPatrickR.LiverpoolDBADeeAnnRemoPamelaJ.RoyalMDWhitneyNidaVanDerHyde

D O n O R S E R V i C E S a n D O u T R E a C HDianneL.Reynolds-CaneMD,ChairmanHelen KempPhyllis MutchnickJohn SarvayStuart C. SiegelJohn Sherman Jr.

E X E C u T i V EJohn Sherman Jr., ChairmanFarhadAghdamiLissy S. BryanThomas N. ChewningThomas S. GaynerDianneL.Reynolds-CaneMD

F i n a n C EThomas N. Chewning, ChairmanFarhadAghdamiAustinBrockenbroughIVIris E. HollidayRobert C. Sledd

G OV E R n a n C EMark B. Sisisky, ChairmanFarhadAghdamiThomas N. ChewningE. Bryson PowellDianneL.Reynolds-CaneMDStuart C. SiegelThomas G. Snead Jr.

i n V E S T M E n TThomas S. Gayner, ChairmanThomasD.ByerMark B. SisiskyThomas G. Snead Jr.Richard G. TilghmanChris Williams

T R u S T OV E R S i G H TThomasD.Byer,ChairmanMaureenC.AckerlyLissy S. BryanMicheleA.W.McKinnon

Names in bold are former chairmen

* deceased TheCommunityFoundation2011AnnualReport•15

2012 Board Committees

Past Governors


E X E C u T i V E M a n aG E M E n TDarcyS.OmanPresident & CEO

C O M M u n i C aT i O n S & O u T R E aC HKimberly M. RussellVice President, Communications

AshleyE.PhillipsCommunications Associate

F i n a n C E & a D M i n i ST R aT i O nKaren W. HandSenior Vice President, Finance & Administration

MichelleA.NelsonController

JillA.KellyFinance Officer

Pavlina S. SifordFinance Officer

Lindsay T. BrightFinance Associate

Gita M. WardHuman Resources Manager

Leslie E. HannafordOffice Manager

Phillip S. Giaramita Jr.Office Coordinator

G R a n T M a k i n G & C O M M u n i Ty L E a D E R S H i P SusanBrownDavisSenior Vice President, Community Leadership Initiatives

Susan H. HallettVice President, Programs

Elaine T. SummerfieldVice President, Programs

Stacey L. KeeleyProgram Associate

MichaelD.JonesGiveRichmond Coordinator

P H i L a n T H R O P i C S E RV i C E S & D O n O R E n G aG E M E n TRobert L. ThalhimerSenior Vice President, Philanthropic Services & Donor Engagement

Teri S. LovelaceVice President, Philanthropic Services

AmyE.SingletonPhilanthropic Services Officer

Lisa Pratt O’MaraVice President, Donor Engagement

MarciaA.FlahertyDonor Engagement Officer

Subremia L. JohnsonDonor Engagement Assistant

Leah B. ForstGrants Management Associate

R E G i O n a L a F F i L i aT E SMargaret M. NostRegional Director

Margaret P. OwensOffice Assistant, Mathews Community Foundation

Pa RT n E R S H i P F O R n O n P R O F i T E XC E L L E n C EMelissa K. HoughPresident and CEO,Partnership for Nonprofit Excellence

To view a full list of staff for the Partnership for Nonprofit Excellence, please go to www.pnerichmond.org.

If you would like additional information about The Community Foundation, including how to establish a fund or apply for a grant, please contact a member of our staff at 804-330-7400 or visit our website at www.tcfrichmond.org.

We are extremely grateful for the 266 individuals who volunteered their time and helped guide our work over the past year. Thank you for your ongoing commitment to strengthening the Richmond and Central Virginia region.

Staff

Volunteers

Dedication

C R E D i T SEditor: Kim Russell, The Community Foundation

Design:LiteratiDesign

Printing:WorthHiggins&Associates

CustomPhotography:CraigAnderson

Confirmed in Compliance

with National Standards for

U.S. Community Foundations.

In MemoriamBeverley (Booty) W. Armstrong

Board of Governors 2001–2011 • Chairman 2009–2010

B ootyArmstrongwillberememberedasmuchforhispassionfor giving back to his community as he was for his smart and savvy

businessachievements.AsapastchairmanofTheCommunityFoundation’sBoard of Governors, he challenged the organization to step into leadership roles where TCF could add value to the community through its varied resources. Booty’s leadership was particularly recognized during the creation of TCF’s investment partnership with the University of Richmond and the implemen-tation of the 2009 Safety Net Fund, used to help nonprofits meet increasing demand for services during the most recent economic downturn.

Booty loved his community and his alma mater, the University of Virginia, and carried out these values through his own philanthropy. His commitment to bettering our region is also evidenced by his active participation on multiple nonprofit boards. Booty was an example of civic leadership and responsibility for all of Richmond and he will be sorely missed.

(Left to right) Campbell Ladd, John Hamlin, Sarah Ladd, Liza Hamlin, Booty Armstrong, Henry Hamlin, Edward Ladd

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2011 Annual Report

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Transcript of 2011 Annual Report