LEAD Maryland Foundation, Inc.

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Seizing theMoment

2014 Annual Report

“For every person in every organization, there comes a moment when he or she must have the courage to step forward and meet the needs of the time. Regardless of whether your time is now or in the future, you must be prepared and willing to seize that moment as a courageous leader!”

This quote by David Cottrell, a respected voice in leadership training, frames the essential proposition of the LEAD Maryland leadership development program. Our mission is to prepare LEAD Fellows—regardless of

where they are in their individual careers paths—to lead within our constituent groups and beyond. Our mission is to prepare leaders to serve the agriculture, rural, and natural resources communities; however, we see LEAD Fellows reaching beyond those defined target groups and into elected positions and leadership roles that have far broader reach.

I have heard countless leadership candidates tell me that they were concerned they were not ready to take on the mantle of leadership. Unfortunately it’s circumstances that dictate the moment when it’s time to take charge, find a solution, advocate for a position or in short become a leader. What we accomplish is to have these emerging leaders prepared when their time comes. And for most of them, their time comes during or immediately after finishing their LEAD Fellowship.

We are often asked if we (LEAD Maryland) are being effective or successful in our efforts and how do we know or measure our success? This is a question I love to answer. We are accomplishing our goals and are on mission. We know this because is a recent survey LEAD Fellow graduates have told us how valuable their training has been. But a more potent demonstration of our success is evident when you attend any function or event in the agriculture, rural or natural resources communities and you see the room filled with LEAD Fellows. Or if you attend a legislative hearing about an issue of importance to our communities and see the room filled with LEAD Fellows. These are the moments of leadership we prepare for.

As always we could not be accomplishing our goals or be on mission without the support of our generous sponsors. We wish to thank all sponsors big and small alike. Each contribution counts toward the success of our program and the continued success or our agricultural, rural and natural resources communities.

Ken Korando President LEAD Maryland Foundation, Inc.

Ken KorandoClass IV (2005-06)

Prepared to Seize the Moment

LEAD Maryland Foundation, Inc. is dedicated to identifying and developing leadership to serve agriculture, natural resources,

and rural communities.

LEAD Fellows Class VIII(2013-2014)

LEAD Fellows Class VIII (2013-2014)

In developing leadership for the future of Maryland agriculture,

natural resources, and rural commu-nities, the LEAD Maryland Foundation

(LEAD) seeks to bring together a diverse mixture of fellows, representing

many sectors of Maryland’s agriculture community, to create the ideal class. Likewise, LEAD reaches out to many different sources to assist in the program’s funding. The board of directors and fellows heartily thank the program’s dedicated sponsors, grantors, and contributors. With tuition covering roughly twenty percent of a fellow’s participation cost, truly this program could not exist without the support of so many organizations and individuals.

From a funding point of view, LEAD’s 2014 statements remain consistent with years past. Variances occur in some program line items, for instance symposium and tuition income, based on the normal two-year cycle of the foundation. Likewise, on the expense side, the statements reflect a lower expense than last year due to no international travel.

The board, through its Funding and Finance Committee will continue to seek out new sources of funding, whilst building the relationships with LEAD’s current donors. New partnerships and relationships are being developed through efforts of board members, alums, and current

fellows, via development of their class project, the Image of Agriculture Symposium.

We look forward to 2015 with an exciting inter-national trip to South Africa for the Class VIII

fellows, while we welcome in the new fellows of Class IX (2015-16).

Statement of Financial Position June 30, 2014 June 30, 2013AssetsCash and Cash Equivalents $ 490,688 $ 542,964Prepaid Expenses 18,817 –Tuition/fees and Other Receivables – 9,750Investments 126,709 –Property and Equipment, net 2,920 1,011

Total Assets $ 639,134 $ 553,725

LiabilitiesAccounts Payable and Accrued Expenses $ 72,287 $ 72,576Deferred Revenue 18,150 –Prepaid Tuition – 6,000

Total Liabilities $ 90,437 $ 78,576 Net AssetsUnrestricted $ 524,064 $ 429,682Temporarily Restricted 24,633 45,467Total Net Assets 548,697 475,149

Total Liabilities and Net Assets $ 639,134 $ 553,725

LEAD Maryland Foundation, Inc.

Treasurer’s Reportfor the 2014 Annual Report

Vanessa Finney Class III (2003-04)

Statement of Activities Fiscal Year Ended June 30, 2014 June 30, 2013RevenuesGrants $ 107,000 $ 94,000Contributions/Sponsors 60,200 83,350Tuition/fees 39,000 42,950Individual Giving 4,427 9,829Symposium, net of expenses – 1,741Investment Income 17,614 248Other income 6 927

Total Revenues $ 228,247 $ 233,045

ExpensesProgram Services $ 126,587 $ 197,862Management and General 28,112 19,716

Total Expenses $ 154,699 $ 217,578

Increase in Net Assets $ 73,548 $ 15,467

Net assets, beginning of the year $ 475,149 $ 459,682Net assets, end of the year $ 548,697 $ 475,149

In Kind GiftsIn Kind Gifts are important to the LEAD Maryland Foundation.

We especially thank the following for Noncash Charitable Gifts, July 1, 2013- June 30, 2014:

AgFirst Farm Credit BankBlackwater Wildlife RefugeDuPont, Chesapeake FarmsChesapeake Gold OystersCricket Goodall - Maryland Horse Breeders AssociationEdwin Remsberg PhotographsGarrett Luthy and FamilyGreenbriar Farms/Danny LuthyHarper Farm/Jim HarperJason ScottLayton’s Chance Vineyards and Winery at Lazy Day FarmsMark Ebespacher (spelling to be confirmed)Maryland Cattlemen’s AssociationMaryland Dairy Industry AssociationMaryland Nursery and Landscape Association Maryland Department of AgricultureMaryland Farm BureauMaryland Million Ltd.Maryland State Fair and Agricultural Society, Inc.R & W Farms/Wendell MeekinsRichardson Farm MarketRural Maryland CouncilUniversity of Maryland ExtensionUniversity of Maryland Extension Aquaculture ProgramUniversity of Maryland Wye Research and Education Center

Many people—serving as volunteers, program alumni, or representing other organizations, government offices,

businesses, or employers—made significant gifts of time, travel, speaking, teaching, presentations, planning,

leading tours, hosting, and otherwise adding value to LEAD’s educational programming and to the organization’s

volunteer committees and board. If you have given your time and services, we appreciate these precious gifts, too!

Thank you to the many people, employers, organizations, and family members who have invested into the success of the LEAD

Fellows by providing scholarships or otherwise assisting with paying program participation fees (tuition). Though payments of the fees are

the responsibilities of the Fellows and cannot be recognized as charitable contributions, your support is important and appreciated!

Our apologies if any donations have been inadvertently overlooked. Please bring correction or additions to our attention. Thank you.

LEAD Maryland Foundation Donations

University SponsorUniversity of Maryland Extension

$50,000Maryland Grain Producers

Utilization Board

$25,000Maryland Agricultural Education

& Rural Development Assistance Fund

$15,500Farm Credit System

$15,000Maryland Farm BureauMaryland Soybean Board

$10,000Maryland Agricultural

Education FoundationMaryland Department of Agriculture

$7,000Northeast Agriculture Education

Foundation

$5,000Choptank Electric TrustArthur W. Perdue FoundationLand O’Lakes Foundation

$4,000Maryland Nursery and

Landscape Association

$3,500Rural Maryland Council

$2,500Delmarva Poultry Industry, Inc.MARBIDCO—Maryland Agricultural

and Resource-Based Industry Development Corporation

$2,000Baltimore County Farm Bureau

$1,000AH Harper & SonMaryland Crop Improvement

AssociationMaryland Agricultural Land

Preservation FoundationTK Farms

$500Cecil County Farm BureauCharles E. Day IIIDorchester Soil Conservation

DistrictFrederick County Farm BureauMaryland Arborist AssociationMaryland State Horticultural

Society Inc.Richardson FarmsThe National Bank of Cambridge

$300-325Holly Lane Farms,

Spicer FamilyKenneth Bounds

$250Donnie Tennyson, Deep

Creek FarmHoward Soil Conservation

DistrictJason Scott, Scott’s Seed LLCKen Korando

$200Alan SchmidtAnonymousFaith Elliott RossingKurt FuchsTalbot County Farm Bureau

$150Emily WilsonHannah CawleyPat Langenfelder

$100Atlantic TractorBill Brown, Maple Breeze FarmC. John Sullivan IIICarroll Soil Conservation DistrictDavid Hill, Haven Agri Service LLCHoober, Inc.Lisa WintersMelissa SadowskiRob CooperRobert White, Quail VineyardsSteve McHenryValerie ConnellyVanessa Finney

OtherMaryland Charity CampaignMegan MessixRaymond Harrison Jr

Grants and ContributionsJuly 1, 2013 – June 30, 2014

Board Members

Ken Korando President

Vanessa Finney

Vice President/Treasurer

Jason Scott

Secretary

Susan R. HarrisonExecutiveDirector

LEAD Maryland Foundation thanks Meg Dibley and Edwin Remsberg, Remsberg Inc., for photography services, including providing many of the images used in this report.

LEAD Maryland Foundation, Inc.

(June 30, 2014)

James R. Boyle Farm Owner/Operator

Bill Brown Poultry Extension Agent, University of Delaware; Farmer; Delmarva Poultry Industry, Inc.

Valerie Connelly Executive Director, Maryland Farm Bureau

Colby Ferguson Director Governmental Relations, Maryland Farm Bureau

Vanessa A. Finney, CPA Executive Director: Maryland Nursery and Landscape Association; Maryland Arborist Association; Mid-Atlantic Nursery Trade Show (MANTS); Maryland Forests Association Inc.; and President, Quercus, Inc.

Kurt H. Fuchs Government Affairs Officer, MidAtlantic Farm Credit

Earl F. “Buddy” Hance Secretary, Maryland Department of Agriculture

Ken Korando Owner , Solomons Island Winery

Patricia Langenfelder Grand View Farm, LLC

Stephen R. McHenry Executive Director, Maryland Agricultural and Resource-Based Industry Development Corporation (MARBIDCO)

R. David Myers Acting Assistant Director and Agriculture Program Leader; Extension Educator, Agriculture, University of Maryland Extension

Jason Scott Walnut Hill Farms and Scott’s Seed, LLC

C. John Sullivan III Deputy Chief of Staff, Harford County Executive’s Office; Harford County Division of Agricultural Affairs

Emily Wilson Director of Land Acquisition and Planning, Maryland Department of Natural Resources

Lisa Winters University of Maryland Extension Master Gardener

Susan R. Harrison Executive Director, LEAD Maryland Foundation, Inc.; and Associate Agent, University of Maryland Extension

Debbie Stanley Program Director, LEAD Maryland Foundation, Inc.; and Faculty Extension Assistant, University of Maryland Extension

Debby Dant Administrative Assistant, LEAD Maryland Foundation, Inc. and University of Maryland Extension

LEAD Maryland Foundation, Inc. 124 Wye Narrows Drive | P.O. Box 169 Queenstown, Maryland 21658 Phone 410-827-8056 | Fax 410-827-9039 E-mail: leadmd@umd.edu | www.leadmaryland.org

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