development capitalof philanthropic
Transcript of development capitalof philanthropic
Giving Matters2015 Annual Report
schuylkill area community
foundation
development of philanthropic
capital
CONTENTSNew Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 4Fund Composition . . . . . . . . . . . . . . . . . . . . . 5, 6Remembrance, Heritage Society . . . . . . . . . . . 7Grants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Financial Report, AmazonSmile . . . . . . . . . . . 9
Sincerely,
Eileen Kuperavage, Executive Director
GREETINGS from the Executive DirectorIt is a busy and exciting time at Schuylkill Area Community Foundation(SACF). As we move closer to our 50th anniversary celebration in 2017,we have great hopes for the future!
Since 1967, it is YOU - our fund holders, donors, professional advisors,and community partners - who are the greatest measures of our success.It is evident by your dedication to nonprofit organizations, students, and the quality of life in Schuylkill County. We are very grateful for yourdedication to create a stronger and more vibrant community for us all to share.
Community Foundations are designed to build charitable endowment fundsthat benefit the community forever and help create personal legacies. Yourgift and all future earnings from the fund are permanent sources ofcommunity capital, helping to do good work now and into the future.
During this past year:• SACF proudly awarded $460,111 in grants and scholarships;• Four new funds were created, bringing the total number of funds to 158; • Contributions totaled $789,582 from many donors; and• Market value of SACF’s assets reached $17,394,914 as of Dec. 31, 2015.
Thank you for supporting the work of Schuylkill Area CommunityFoundation. Let us all encourage others to GIVE LOCALLY, HELP LOCALLY.
arts & culturecommunity
educationenvironment
health & wellnesshuman services
SACF Timeline
pillars of the
TYPES OF FUNDSDesignated FundsONGOING SUPPORTDonors may create a fund at the Foundation to benefit aspecific organization or to establish an education award.In the event the specified organization ceases to exist, theFoundation is able to adjust the distribution to insure thefund carries out its original purpose and intent.
Donor Advised FundsINVOLVED ANNUAL GIVINGThrough Donor Advised Funds, a donor can have an activehand in his or her charitable giving by having the right torecommend annually to the Foundation which organizationsshould be supported by the fund. Grants are then made, in thename of the fund, to qualified charities. Since the Foundationadministers the fund, donors are assured of its permanencewell beyond their own ability to advise.
Field of Interest FundsTARGET SPECIFIC ISSUESField of Interest Funds provide donors the opportunity to supportparticular areas of interest that reach many organizations. TheFoundation distributes earnings to the most appropriate programswithin the areas of arts and culture, education, environment,health and wellness, and human services.
Scholarship FundsEDUCATIONAL SUPPORTDonors may create scholarships to support students who aregraduating from a particular school, attending a particularschool, or studying a specific field. Each scholarship is uniqueand is accomplishing the criteria set forth by the donor.
Unrestricted FundsPROACTIVE AND RESPONSIVEUnrestricted Funds provide the Foundation with the greatestflexibility to meet the most pressing and ever changing needsand opportunities within our community.
Congratulations, Eileen!
Eileen Kuperavage, Executive Director, received the 2015Business Woman of the Year Award presented by the SchuylkillChamber of Commerce.
During her acceptance speech, she shared with the audiencethat, “If this award stands for anything, it stands for the unitedspirit in all of us. I succeed because we succeed and wesucceed to meet the challenges and opportunities together.”
The countless donors make the work of SACF possible! Thankyou for your unwavering dedication to Schuylkill County!
2015Business Woman
of the YearAward
community
Established asAshland Trusts-
1st contribution/donation$1,000
The Reidler Familycreated numerous desig-
nated funds for nonprofitsand field of interest funds
Name change toSchuylkill Area CommunityFoundation to reflect the
geographic outreach with donorsthroughout Schuylkill County
Milestone –Foundation assetsreach $10 million
Various donors andnonprofit organizations estab-lish 37 additional charitable
endowment funds for SchuylkillCounty from 2009-2015
1975 1994 2000 2008 2017
1967 1979 1997 2006 2015
1st scholarship fund- Dr. Rudolph ConstienScholarship Fund was
created by Helen M. Baldyin his memory
Ben Franklin Fund-Community Foundations
across PA receivedfunding from Benjamin
Franklin’s bequest
Growth of 40 new fundsto support many residentsand nonprofits through-out the community from
2000-2006
Davis BoehmerFamily Fund-
SACF’s largest bequest:$794,188
50thAnniversaryCelebration
Eileen Kuperavage, second from left
3 Pillars of the Community SACF 2015 Annual Report
The Walk In Art Center (WIAC) established an endowment fundon December 21. The fund earnings of the endowment will bedistributed annually to the Walk In Art Center and used at thediscretion of WIAC’s Board of Directors to support the missionof the organization.
The mission of WIAC is to inspire, equip and celebrate thecultural and creative talent of Schuylkill County.
The Walk In Art Center is home to individual creative studiosfor working artists, The WIAC Haven Gallery, The Main Gallery,The Student Gallery, rotating exhibits, activities for all ages, andart education covering a broad spectrum of disciplines.
The Walk In Art Center:• Inspires the community and artists with our working
artist studio concept and the multiple rotating exhibits.• Equips the community and artists through education.• Invites the community to experience, explore and create art
through classes, workshops, art camps and informal discussions.• Celebrates the arts through the various
fundraisers and events hosted throughout the year.
newfunds
WALK IN ART CENTERENDOWMENT FUND REAGAN REILLY
HOPE FUND The Reagan Reilly Hope Fund wasestablished as a charitable endowmentfund at the Schuylkill Area CommunityFoundation (SACF) in July 2015 byBrianna Osceles. She wants to make apositive impact in the community byhelping people with drug and alcoholaddiction and by giving hope andinspiration!
Brianna is a native of New Philadelphia.She is now 24 years old, lives in LasVegas, is on the fast track to musicsuccess, and is recording a demo withGranny-winning producer Damon Elliot.The song is about drug addiction andrecovery, a biographical narrative of her life.
The fund earnings of the endowmentwill be distributed annually to qualifiedorganizations or qualified activities orprograms, which support people inSchuylkill County who are in recoveryfor drug or alcohol addiction.
Love What Art Can Do
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“Coming together is the beginning. Keeping together is progress. Working together is success.” ~ Henry Ford
FRED V. KNECHTMEMORIAL FUND
WILLIAM J. JONES, JR.MEMORIAL AWARD Mr. William Jones, a long-time resident of MahanoyCity, passed away on January 14, 2015. As a tributeto his life, his family accepted memorial donations toestablish the William J. Jones, Jr. Memorial Award.
He was an educator for forty-two years serving theSpring Grove and Mahanoy Area School Districts. Heserved in the United States Army and graduated fromEast Stroudsburg Teachers College. During histhirty-eight year tenure at Mahanoy Township, andthen at Mahanoy Area, he taught elementary physicaleducation and high school health education. Mr. Jonescoached football, basketball, track and field, andwrestling. He also served as a bus driver, assistantathletic director and recreation director. As recreationdirector he instituted, supervised and facilitated manyprograms, including boys’ intramural basketball, women’svolleyball, adult swim, summer swim lessons, elementarytrack and field meets, elementary wrestling, rollerskating trips, Teen Canteen activities, playgroundrecreation, and Summer Camp at Lakewood Park.
The William J. Jones, Jr. Memorial Award Fundprovides an award to graduating seniors of MahanoyArea High School who during their high school careerhas exhibited a commitment to education, sportsand/or activities within school or in the community, hasmaintained a G.P.A. of 2.5 or greater during high schoolcareer, and plans to attend on a full time basis aninstitution of higher education or military service.
Fred Knecht, a longtime resident of Schuylkill Haven,passed away on July 9, 2010. He was publisher emeritusof The Call and The Press & Herald weekly newspapers.Born Nov. 6, 1915 in Calhoun, Oklahoma, he was a son ofthe late William K. and Agnes Norbeth Knecht. His wifeof 68 years, the former Eleanor Hand, Muir, preceded himin death in 2008.
Fred was the third generation publisher of his familyin Schuylkill County. His grandfather, William F. Knecht,originated the West Schuylkill Herald, Tower City, in 1898.That paper was acquired by his father, William K. Knecht,in 1922, and then by Fred in 1967.
For the past 118 years, the Knecht family’s publicationshave served the communities of southern and westernSchuylkill County through the following predecessor newspa-pers: The Valley Echo, Tower City; The Tremont News and TheWest Schuylkill Press, Tremont; The Pinegrove Herald, PineGrove; Orwigsburg News, Orwigsburg; and The News-Observer,Tamaqua. The merger of The Call and The Press & Herald shortlyafter Fred’s death in 2010 formed South Schuylkill News.
During his lifetime, he worked with Attorney HarryRubright to write the bequest through his Last Willand Testament. The estate settlement of $359,151.58 isnow pooled for investment purposes with 158 endowmentfunds managed by the Community Foundation. These fundssupport different charitable giving goals as determined bythe wishes of each donor.
The Fred V. Knecht Memorial Fund will continue Fred’sservice to southern and western Schuylkill County communities.The annual earnings from the fund will be granted byhis children to financially support qualified organizations,projects, or programs principally serving one or more of thegeographic areas encompassed by the Blue Mountain SchoolDistrict, Schuylkill Haven Area School District, Pine GroveArea School District, and Williams Valley School District.
5 Pillars of the Community SACF 2015 Annual Report
Donor AdvisedAshland Rotary Club Charitable TrustCarlyon Charitable Trust FundFriends of the St. Vincent DePaul Societies
of Upper Schuylkill County FundHuman Services FundFred V. Knecht Memorial FundReidler Family Charitable FundReidler Family Helping Hand FundJohn C. & Helen M. Schreck Memorial FundMabel and Harry Strouse Memorial FundJoseph A. Zane, Esq. Family Charitable
Endowment Fund
DesignatedRichard W. and Dolores D. Adams Pine
Grove Community Memorial FundAshland Area Historic Preservation Society
Endowment FundAshland Area Midget Football Association,
Inc. FundAshland Girl Scout Campership FundAshland Public Library FundAshland Tri-Centennial FundAshland Volunteer Fire Department,
Washington Fire Company No. 1 andAmerican Fire Company No. 1 Trust
Mark R. Bell Memorial AwardBethany Children's Home FundJohn and Anna Breitigan Memorial
Award FundMarie M. Campbell Scholarship FundThe Cepheus Memorial Award FundLeonard Chaikowsky Academic AwardChamber of Commerce Christmas
Decoration FundTara M. Corson,Timothy R. Kimber &
Joseph P. McGeoy FundDavis / Boehmer Family FundDavid Derbes Schuylkill River Watershed
Conservation Award FundJeffrey Donnelly Memorial Award Fund
Ethel M. Jones Ermert, R.N., MemorialAward in Obstetrics
Eureka Park FundStephen Fago Memorial FundFaith and Friends Walking
Hand in Hand FundFelker-Smith Memorial FundRobert C. Fetterolf MemorialFirst Baptist Church of Ashland FundFoundation for Agriculture and
Resource Management ShadleNature Center/Weston Fund
Frackville Free Public Library FundGabriel Chamber Ensemble
Endowment FundT. Stuart Goyne Memorial FundLeslie E. Harner Instrumental Music
Memorial Fund*Martha M. Herbert & Michael J.
Herbert, M.D. Charitable TrustHigher-Ups Park FundEmma T. Irwin Memorial FundJohnson-Beckno (Pechno)
Memorial FundWilliam J. Jones, Jr. Memorial
Award FundBetsy Rubright Kent Memorial FundPaul M. Krukas Memorial Award FundJames R. Kruss Memorial AwardLasting Legacy For Pottsville FundWilfred C. LaVoie Tribute FundPaul Lohin Schuylkill River Watershed
Conservation Award FundRae Ann Lubold Memorial FundDavid W. McClafferty Memorial Fund*Cornelius J. McFadden and Anna M.
McFadden Memorial Trust FundMechanicsville Ladies Auxiliary
Award FundElizabeth Keiser Moser RN
Memorial FundMothers Memorial FundAndrew Neidlinger Memorial Fund
North Schuylkill Team of VolunteerHome Care Fund
Joseph M. O’Neill, Jr. Memorial FundPennsylvania Association for the
Blind Endowment FundPottsville Catholic Alumni FundPottsville Enrichment FundPottsville Lions Charities, Inc.
Endowment FundMaud M. Prichard Memorial FundCarl F. Reichwein, M.D., Memorial FundReidler Family Library TrustRingtown Area Library FundWilliam J. “Rex” Roberts
Memorial FundMelba S. Royal and Robert A.
Royal FundGeorge J. Schilling Memorial FundSchuylkill Conservation District
Endowment FundSchuylkill County Conservation and
Environmental ImprovementEndowment Fund
Schuylkill County Historical SocietyEndowment Fund
Schuylkill County Medical SocietyAlliance Award Fund
Schuylkill County Society For CrippledChildren-McAdams Endowment Fund
Schuylkill Haven Free PublicLibrary Fund
Schuylkill Haven Lions EMS FundSchuylkill Headwaters
Association FundSchuylkill United Way
Endowment FundSchuylkill Women In Crisis
Endowment FundDavid Lee Sener Memorial AwardRichard and Mildred Sharp
Memorial FundSpartan Wrestling Boosters and
Coaches 2004-2012 Award Fund
More Information: Please visit www.sacfoundation.com for full descriptions of SACF funds.
composition o
www.sacfoundation.com 6
St. Paul's Historic CemeteryEndowment Fund
Roy P. Steeley Music Scholarship FundTim Stine Memorial FundAdeline Strouse Memorial FundPatricia Freeh-Stefanek Tamaqua Area
Community Partnership Endowment FundJean A. Tielman, R.N. Memorial FundElmer W. Toewe Memorial FundFrancis J. Towey, Jr. Memorial Award FundCraig R. Troutman Memorial Award FundRuth A. Wagner Memorial FundWalk In Art Center Endowment FundWashington Fire Company Community
Ambulance FundBeatrice Wasley FundEdward H. Watkins Memorial FundMary E. and Warren E. Wert and Gertrude
C. Shuler Memorial FundFred J. Wiest and Elizabeth S. Wiest
Memorial FundWillow Park FundLoretta Pollack Woznisky-Lonoskie Fund
Field of InterestAshland Area Scouting FundAshland Mutual Fire Insurance Company Fire
and Safety FundBen Franklin TrustThe Diversity Fund for Schuylkill CountyFenstermacher/Hadesty's Legacy FundDr. Gail D. Mackey, VMD, DABVP Animal FundIsabelle Ross Mettam Performing Arts FundThe Nature FundReagan Reilly Hope FundCharles Werner Endowment Fund
ScholarshipsRichard W. and Dolores D. Adams Memorial
Scholarship FundBlaze Belfiore Memorial Scholarship FundButler Township High School Alumni
Scholarship FundCarr-Willower Memorial Scholarship FundJames D. Collins Memorial Scholarship FundDr. Rudolph A. Constien Scholarship FundJohn Rich Curran Memorial Scholarship FundFARM Youth Scholarship FundElizabeth K. Frank Memorial Music Fund*Martha M. Herbert & Michael J. Herbert,
M.D. Charitable TrustHuntzinger-Schadel Family Scholarship TrustAlice E. Kear Music Scholarship FundButch Kennedy Memorial Award FundFrederick T. Kull & Betty A. Kull
Memorial FundFrederick T. Kull & Betty A. Kull
Scholar-Athlete FundMary I. Kull Memorial FundLavelle AMVETS Post #156 Scholarship FundShirley Manbeck Veterinary Scholarship FundRalph W. Morgan Memorial Scholarship FundDorothy Wewer Narcovich Scholarship FundBillie Payne Scholarship FundPfluger-Przybylik Family Scholarship FundMarie Bossler Phi Delta Kappa Kutztown
Chapter Scholarship FundPottsville Lions Charities, Inc.
Scholarship FundHunter William Renninger Memorial
Scholarship FundThe James J. and Mary Edith Rhoades
Scholarship FundDavid R. Schmaldienst Scholarship Fund
Schuylkill Haven Lions Community CharitiesHealthcare Scholarship Fund
Dr. Robert Douglas Spencer Memorial FundRyan Paul Stankavage Memorial
Scholarship FundJoyce M. Stankavage, R.N. Memorial
Scholarship FundChester P. Steininger Memorial Fund
(Accounting)Chester P. Steininger Memorial Fund
(Medical)Warren and Marcella Stutzman Memorial
Scholarship FundRaymond L. & Jean D. Tilmont MemorialUnited Steel Workers of America, Local 14372,
Scholarship Fund
UnrestrictedElwood T. Bracey FundThe Citizens’ National Bank of Ashland
Community FundMarian E. Fenstermacher Memorial FundFriends of the Foundation FundLaubenstein Memorial FundLauer Community Fund*Cornelius J. McFadden and Anna M. McFadden
Memorial Trust FundFrank J. Pepper & Thomas J. Pepper
Memorial FundEleanor B. Spencer Memorial Fund
*Fund is listed under two categories.
Thank you for contributing to the Foundation’s work. A complete list of donors is available on the websiteat www.sacfoundation.com. If we inadvertently omitted a contributor, please accept our sincere apology.
of fundsPHILANTHROPISTS
7 Pillars of the Community SACF 2015 Annual Report
Mr. Adams,a resident ofPine Grove,has been apart of the
Community Foundation family since2001. At that time, he established twoendowment funds when his wife,Dolores, “Tootie,” passed away:Dolores D. Adams Memorial ScholarshipFund and Dolores D. Adams Pine GroveCommunity Memorial Fund. Then in2012, Mr. Adams requested adding hisname to both Funds.
Prior to his death, Mr. Adams designatedthe Schuylkill Area CommunityFoundation as partial beneficiaryof investment accounts andrequested memorials gifts be madeto the Richard W. and Dolores D.Adams Memorial Scholarship Fundas a lasting tribute to his memory.
The charitable endowment fundswill continue supporting studentsgraduating from the Pine GroveArea School District, as well as,the Pine Grove AmbulanceAssociation (EMS) and the PineGrove Hose, Hook, and LadderCompany.
REMEMBERINGRICHARD W. ADAMS,1934-2015
THE HERITAGESOCIETY AWARDFOR 2015
We are pleasedto announce the2015 HeritageSociety Recipient:David J. Rossi. Esq.
James Bohorad, Esq.George DayKaren KenderdineAllen KieferM&T Investment GroupDavid Rattigan, Esq.Richard Rompalo, C.P.A.David J. Rossi, Esq.
Harry Rubright, Esq.Leonard Shumack, EsqE. Lori SmithHarry Strouse, Esq.Keith J. Strouse, Esq.Frank Toole, Esq.Rob UlanerJ. Robert Zane, Esq.
Attorney Rossi is a partner in the Law Firm of Zane,Rossi, Conville & Harley, specializing in the areas ofPersonal Injury and Wrongful Death, Real Estate, Probateand Estate Planning. He is a graduate of SusquehannaUniversity and Capital University Law School.
He was selected for this award based upon hisinvolvement with Richard W. Adams and the RichardW. and Dolores D. Adams Memorial Scholarship Fundfor students graduating from the Pine Grove AreaSchool District. Together, we will continue to honorhis legacy.
The Heritage Society Award was created toacknowledge the professional advisors whotrust the Community Foundation’s ability toserve their clients. These advisors encouragedonors to establish a named endowment fund thatwill support the area’s nonprofit organizations andresidents throughout Schuylkill County.
Educational($63,895.88 – 13.89%)Ashland Area Historical SocietyDonorsChoose.orgFriends School of BaltimoreKU Campus StoreLycoming College, Alumni FundMarian Catholic High SchoolMinersville Area School DistrictNativity B.V.M. High SchoolNortheast PA Manufacturers &
Employers Council, Inc.The Odyssey SchoolSchuylkill Conservation DistrictShamokin Area High School
Alumni AssociationSt. Nicholas Ukrainian
Catholic SchoolSweet Arrow Lake Conservation
AssociationThe Trinity College FundVarious School Awards
Environmental($43,677.66 – 9.49%)Foundation for Agriculture and
Resource ManagementHawk Mountain Sanctuary
AssociationMahanoy Creek Watershed
AssociationPA Institute for Conservation
EducationSchuylkill Conservation DistrictSchuylkill County Conservation and
Environmental ImprovementEndowment Fund
Schuylkill HeadwatersAssociation, Inc.
Human Services($38,888.95 – 8.45%)American Red Cross Schuylkill
County ChapterAshland Ministerial AssociationAvenuesBaptist Children's ServicesBethany Children's HomeBig Brothers Big Sisters of
Schuylkill CountyCanine Partners for LifeCare Net Pregnancy Center of
Schuylkill CountyChild Development, Inc.Diakon Team of Volunteer Home CarePennsylvania Association for
the BlindThe Salvation ArmySchuylkill County Society For Crippled
ChildrenSchuylkill United Way
Schuylkill Women in CrisisThe Seeing Eye, Inc.Sexual Assault Resource & Counseling
Center (SARCC) St. Joseph Center for Special
Learning, Inc.St. Joseph's Roman Catholic ChurchSt. Stanislaus Roman Catholic ChurchSt. Vincent DePaul Church
Libraries($45,676.42 – 9.93%)Ashland Public LibraryFrackville Free Public LibraryMahanoy City Public LibraryMinersville Public LibraryOrwigsburg Area Free Public LibraryPort Carbon Public LibraryPottsville Free Public LibraryRingtown Area LibrarySchuylkill Haven Free Public LibraryShamokin/Coal Township
Public LibraryTri-Valley Free Public Library
Miscellaneous($54,025.07 – 11.74%)Ashland Area Chamber of CommerceAshland Area Historical SocietyBorough of AshlandCharles Baber CemeteryCharles Baber Preservation TrustCity of PottsvilleDowntown Shenandoah, Inc.Hillside SPCALasting Legacy for PottsvilleMasonic CharitiesMillersburg Ferry Boat AssociationThe Rotary FoundationSchuylkill Area Community
FoundationSchuylkill County Historical SocietyShriners Hospital - PhiladelphiaSt. Paul's Lutheran Church of
Port CarbonTamaqua Area Community PartnershipTwin County Lions Club FoundationUnited Presbyterian Church
Performing Arts($6,050.37 – 1.31%)Anthracite PhilharmonicAshland Area Community ChoirCoach House Players Inc.Gabriel Chamber EnsembleLift Your Spirits Performing ArtsSchuylkill Choral Society, Inc.Schuylkill County Council for the ArtsSweet Arrow Lake Conservation
Association
Public Safety($32,523.64 – 7.07%)American Hose Co.Ashland Fire Police AssociationHegins Area AmbulanceKlingerstown Fire CompanyMahantongo Fire CompanyNuremberg Community Ambulance
AssociationNuremberg Weston Volunteer
Fire CompanyPine Grove EMSPine Grove Hose, Hook, and LadderPottsville Lions Charities, Inc.Schuylkill Haven Area EMSWashington Fire Co. Community
Ambulance Assoc. Inc.Washington Fire Company No. 1
Recreation($9,387.28 – 2.04%)American Hose Co. (Fireworks)Ashland Area Chamber of CommerceAshland Borough/Ashland RecreationFriends of Gordon - FOGMinersville Area Skatepark
AssociationPine Grove Borough Recreation BoardSchuylkill County Sportsmen’s
Advisory BoardSchuylkill Haven Island ParkTremont Community Organization
Religious($37,709.41 – 8.20%)Church of Saint PatrickEmmanuel Church of ChristFirst United Methodist Church
of ShamokinHegins Valley Mennonite ChurchPine Grove Area Council of ChurchesPine Grove Community ChurchSisters of St. CasimirSt. John's Evangelical Lutheran
ChurchSt. Joseph's Roman Catholic ChurchSt. Mauritius Roman Catholic ChurchSt. Paul's United Church of ChristUnited Presbyterian Church
Scholarships($125,259.98 – 27.22%)Alice E. Kear Music ScholarshipBillie Payne ScholarshipBlaze Belfiore Memorial ScholarshipButler Township High School
Alumni ScholarshipCarr-Willower Memorial ScholarshipChester P. Steininger Memorial
(Accounting) Scholarship
Chester P. Steininger Memorial(Medical) Scholarship
Dorothy Wewer Narcovich ScholarshipDr. Robert Douglas Spencer Memorial
ScholarshipDr. Rudolph A. Constien ScholarshipFARM Youth ScholarshipFrederick T. Kull and Betty A. Kull
Memorial ScholarshipFrederick T. Kull and Betty A. Kull
Scholar-Athlete ScholarshipHunter William Renninger Memorial
ScholarshipHuntzinger-Schadel Family ScholarshipJames D. Collins Memorial ScholarshipJohn Rich Curran Memorial ScholarshipJoyce M. Stankavage, R.N. Memorial
ScholarshipMarie Bossler Phi Delta Kappa
Kutztown Chapter ScholarshipMartha M. Herbert and Michael Herbert,
M.D. Science and MathematicsScholarship
Mary I. Kull Memorial ScholarshipPfluger-Przybylik Family ScholarshipPottsville Lions Charities, Inc.
ScholarshipRalph W. Morgan ScholarshipRichard W. and Dolores D. Adams
Memorial ScholarshipRyan Paul Stankavage Memorial
ScholarshipSchuylkill Haven Lions Community
Charities Healthcare ScholarshipShirley Manbeck Veterinary ScholarshipThe James J. and Mary Edith Rhoades
ScholarshipUnited Steel Workers of America,
Local 14372, ScholarshipWarren W. Stutzman Memorial
Scholarship
Scouting($1,921.68 – 0.42%)Ashland Boy Scout Troop 745Ashland Cub Scout Pack 749Girl Scouts in the Heart of
Pennsylvania
Sports($1,094.68 – 0.24%)Ashland Area Girls’ Softball
AssociationAshland Area Midget Football
AssociationAshland Little League Baseball, Inc.
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Total: $460,111.02
2015grants
Statement of Financial Positionas of December 31, 2015
ASSETSCash and Cash Equivalents $ 547,833 Investments:
Equities $ 12,075,835 Preferred Stocks 1,823,440 Master Limited Partnerships 604,567 Mutual Funds 2,506,160 Corporate Bonds 12,365
Fixed Assets - Net of Accumulated Depreciation 33,638
TOTAL ASSETS $ 17,603,838
LIABILITIESFunds Held for Other Agencies $ 285,282 Deferred Revenues 28,767 Scholarships Payable 46,433 Accrued Expenses 5,029
TOTAL LIABILITIES $ 365,511
NET ASSETSUnrestricted $ 8,544 Temporarily Restricted 5,268,188 Permanently Restricted 11,961,595
TOTAL NET ASSETS $ 17,238,327
TOTAL LIABILITIES AND NET ASSETS $ 17,603,838
The official registration and financial information for Schuylkill Area CommunityFoundation is registered with the Pennsylvania Department of State and may be obtainedby calling toll free, within Pennsylvania, 1-800-732-0999. Registration does not implyendorsement. Copies of the annual audit report and Form 990 are available atwww.sacfoundation.com or the Foundation office.
The Foundation is exempt from federal income taxes under section 501(c)(3) of theInternal Revenue Code and classified as a public charity under section 509(a)(1). It isalso exempt from state taxes and is registered with the Pennsylvania Bureau of CharitableOrganizations. All contributions are accepted for use subject to the Foundation’s Articles ofIncorporation and By-Laws.
Financial Report prepared by Jones & Co.
9 Pillars of the Community SACF 2015 Annual Report
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Publication of our AnnualReport was underwritten bygenerous support from:
First National Bank,Carnegie Investment Counsel,and Oppenheimer & Co. Inc.
EQUAL HOUSING LENDER, MEMBER FDIC
PART OF THE FABRIC OF OUR
COMMUNITY
Karen Kenderdine396 S. Centre Street, P.O. Box 1223Pottsville, PA 17901
216 South Centre Street · Pottsville, PA 17901-3501Phone: (570) 624-7223 · Fax: (570) 624-7256
www.sacfoundation.com
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Mission StatementThe mission of the Schuylkill Area CommunityFoundation is to serve the interests of thephilanthropic donors and to become stewards offinancial gifts that support our community.
Vision StatementSchuylkill Area Community Foundation envisions acommunity that embraces philanthropy to sustaingenerations today and tomorrow!
Marie Beauchamp
Richard L. Berger
James C. Bohorad, Esq.
Debbie Yuengling Ferhat
Gary R. Glessner
John Gradwell
M. Irvil Kear, D.A.
G. Fred Schilling
StaffEileen Kuperavage, Executive [email protected]
Sharon Koszyk, Program [email protected]
Marybeth Matz, Assistant Program [email protected]
Ann F. Snyder
Mark Snyder, Ed.D.
Frank J. Staudenmeier
Keith J. Strouse, Esq.
Louis David Truskowsky
J. Robert Zane, Esq.
Joann Zogby, Ed.D.
Board of Directors
FOUNDATION LEADERSHIP