Start Something Lake County!...Start Something Lake County by Mark McMahon. 2018. DISTRIBUTION OF...

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Start Something Lake County! 2018-2019 REPORT TO THE COMMUNITY Start Something Lake County by Mark McMahon. 2018.

Transcript of Start Something Lake County!...Start Something Lake County by Mark McMahon. 2018. DISTRIBUTION OF...

Page 1: Start Something Lake County!...Start Something Lake County by Mark McMahon. 2018. DISTRIBUTION OF FUNDS As of September 2018 n Donor Advised Funds $4,262,627 33.0% n Designated Funds

Start Something Lake County! 2018-2019 REPORT TO THE COMMUNITY

Start Something Lake CountybyMarkMcMahon.2018.

Page 2: Start Something Lake County!...Start Something Lake County by Mark McMahon. 2018. DISTRIBUTION OF FUNDS As of September 2018 n Donor Advised Funds $4,262,627 33.0% n Designated Funds

DISTRIBUTION OF FUNDSAs of September 2018

n DonorAdvisedFunds $4,262,627 33.0%n DesignatedFunds $793,876 6.1%n OperatingEndowment $1,815,690 14.1%n UnrestrictedEndowment $2,012,693 15.6%n RestrictedEndowment $3,364,748 26.0%n AdministrativeFunds $674,401 5.2%

FINANCIAL HIGHLIGHTS

STATEMENT OF FINANCIAL POSITIONAs of September 2018ASSETSCash $ 224,467Investments 12,772,726PledgeReceivables 175,000

Total Assets $ 13,172,193LIABILITIESANDNETASSETSLiabilities $ 129,664AgencyFundsheldforothers 118,494NetAssets 12,924,035

Total Liabilities and Net Assets $ 13,172,193

$12,924,035

THE LAKE COUNTY LEGACY SOCIETY

Haveyouthoughtaboutyourlegacy?Howdoyouwanttoberemembered?

LCCFisheretoensureyourplannedgivingreflectsyourpassionsanddesiretohelpothers.YoucanleavealastinglegacyfororganizationsandcausesthatmattertoyoubyestablishingadesignatedcharitablefundwithLCCForbecomingaLegacySocietymember.Hereareafewthoughtful,yeteasywaysyoucanestablishalegacyforgood:• Make a BequesttoLCCFtosupport

thecommunityorcausesyoucareaboutmost.

• Establishacharitablefundwith

Life Insurance.Youcanmakeasignificantimpactatverylittlecost.Nameyourfundasabeneficiaryandgivelater.Ordonateanexistingpolicyandtakeanimmediatetaxdeduction.

• NameyourcharitablefundatLCCFasyourRetirement Planbeneficiary.Retirementplans,whenpassedtoanheir,quicklybecomedepletedbytaxation.Instead,nameyourfundasbeneficiaryandpreserveyourhard-earnedassetsforthegoodofthecommunityyoulove.

ForalistofLegacySocietymembersandmoreinformationaboutothercharitablegivingvehicles,visitlakecountycf.org/lake-county-legacy-society/

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Nowinits16thyearinLakeCounty,LCCFworksasacatalystforgenerosityandchange;aconnectorofdonors,partners,dollarsandideas;andasthepermanentstewardofcharitablefundsdedicatedtoLakeCountyandourmostvulnerableresidents.2018markedthe15thanniversaryofLCCFandwecelebratedbig!Thankstoourgenerousdonorsandpartners,we:• Distributedover$625,000in

communitygrants.• Hosted15thAnniversaryeventsaroundthecountytocelebratethepowerofartandlocal

philanthropytochangelives.• LaunchedourfirsteverinitiativetogrowtheRobertF.ReuschéOperatingEndowment—

LakeCounty’sforever fundthatwillsustaintheorganization’sworkforthefuture.• CommissionedartistMarkMcMahonto“putLCCFonthemap”inaone-of-a-kindillustrated

watercolorthatcelebratestheuniqueheritageoftheregionwecallhome.• LaunchedanannualinitiativetorecognizeJanuary23as“LakeCountyPoverty

AwarenessDay”.HostednationallyrenownedresearcherandauthorDr.ScottAllardtoamplifycommunityneedsoftenhiddenfromsightaspovertycontinuesadecades-longshifttothesuburbs.

• LeveragedkeysupportfromtheLakeCountyBoard,mayors,communityleaders,organizations,publicpolicyexpertsandthemediatoensureunderstandingandalleviatingpovertyremainsattheheartofourlocalphilanthropy.

• Announceda2019partnershipwiththeGortonGreaterGoodProjectandKelloggSchoolCenterforNonprofitManagementtoofferathree-partseriestosupportnonprofitboarddevelopmentandrecruitmentinLakeCounty.

Theactivitiesdiscussedinthisreportaremadepossiblebyearningsfromourassetsandcontributionsfrompeoplelikeyou—oursupporters,donors,fund-holdersandpartners.Onbehalfofthoseweserve,thankyouforyourconfidenceinLCCFandyourbeliefinthepowerofcollectivephilanthropytochangelivesrighthereinLakeCounty!

CELEBRATING 15 YEARS OF PHILANTHROPY

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GROW IMPACT

2018ProactiveandCompetitiveGrantsInpartnershipwithourfundholdersin2018,LCCFinvestedover$625,000ingrants.Ourcommunityinvestmentstrategyfocusesonimprovingaccesstoaffordable,nutritiousfoodacrossthecounty,addressingbasichumanneedsandsupportinganimalwelfare.Incelebrationof15yearsoflocalphilanthropy,theboardofdirectorsallocatedanadditional$100,000tosupportBasicHumanNeedsgrants.

*Nearlyone-thirdoftheFoundation’s2018grantfundingwasawardedtonewapplicants.

Local Food System GrantsLiberty Prairie Foundation –$55,000Northern Illinois Food Bank –$55,000

Early Childhood GrantsWords on Wheels –$5,000

Animal Welfare GrantsFat Cat Rescue –$7,000Spay and Stay –$7,000

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FUNDS UNDER MANAGEMENT As of January 2019• AdelineSteansMorrisonFund• AllendaleShelterClubFund• BasicHumanNeedsFund• BKidzFund• BuchananFamilyFoundationFund• District103LearningFund• FieldPartnersFund• FirstPresbyterianChurchofLakeForest

LakeCountyFund• J.P.DePreeFamilyFund• JameeandMarshallFieldFund• LakeCountyEarlyChildhoodEducationFund• LakeCountyHumaneSocietyFund

• LCCFEndowmentFund• Mother’sTrustFoundationFund• PaulH.DaubeJr.MemorialScholarshipFund• RagdaleFoundationCornerstoneFund• RaviniaCentennialFund• ReuschéFamilyFundforPADSLakeCounty• RobertF.ReuschéOperatingEndowmentFund• SandersPartnersFund• SedgebrookBenevolentCareFund• SedgebrookScholarsFund• StephenandCarolynChaseFamilyFund• WilliamH.LukingMemorialFund• WinthropHarborEducationEnrichmentFund

Basic Human Needs GrantsAlexian Brothers Housing and Health Alliance –$10,000College Bound Opportunities –$6,000Curt’s Cafe –$10,000Erie Family Health Center –$8,000Farmworker and Landscaper Advocacy Project –$6,000Foglia YMCA of Metropolitan Chicago –$6,000Highland Park – Highwood Legal Aid Clinic –$6,000Kohl Children’s Museum –$10,000Mother’s Trust Foundation –$6,000Nicasa –$10,000Partnership for a Safer Lake County –$10,000Ragdale Foundation –$10,000Twice As Nice Mother & Child –$10,000YouthBuild Lake County –$7,000YWCA Lake County –$9,000

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*

$110,0002 organizations working to coordinate Lake County’s

local food accesssystem

$14,0002 animal

programs

$206,71122 donor advisedgrants benefiting

Lake County

$129,00016 organizations

working to address basic human needs

$110,0002 organizations working to coordinate Lake County’s

local food accesssystem

$14,0002 animal

programs

$206,71122 donor advisedgrants benefiting

Lake County

$129,00016 organizations

working to address basic human needs

$110,0002 organizations working to coordinate Lake County’s

local food accesssystem

$14,0002 animal

programs

$206,71122 donor advisedgrants benefiting

Lake County

$129,00016 organizations

working to address basic human needs

$110,0002 organizations working to coordinate Lake County’s

local food accesssystem

$14,0002 animal

programs

$206,71122 donor advisedgrants benefiting

Lake County

$129,00016 organizations

working to address basic human needs

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INSPIRE PHILANTHROPY

Celebrating15YearsofGivingOnNovember10,acrowdof300communityresidents,localphilanthropists,artistsanddonorswerewelcomedbythestARTSomethingLakeCountyHostCommitteetoawarehouseartpartywherewecelebrated15yearsofgivingandcommunityimpactacrossLakeCounty!AdozenlocalartistscreatedartlivewithproceedsbenefitingtheReuschéOperatingEndowment.ThegatheringalsohighlightedLakeCountymusicians,libations,foodandsocialimpactpartners.

LeaveaLastingLegacyWhenColoradoresidentTomSanderreachedouttoLCCFoverayearago,heandhiswifeJennyHenkealreadyhadasolidunder-standingofhowcommunityfoundationscouldsupporttheirlegacygiving.Having

beenajournalistinFlorida,TomfrequentlycoveredstoriesaboutCommunityFoundationofBroward.Similarly,JennybecameawareoftheenormousvaluecommunityfoundationsbringthroughherworkattheJohnS.andJamesL.KnightFoundation.

AlthoughJennyandTomdonotliveinIllinois,theirtiestoLakeCountyarestrong.BorninChicagoandLaGrange,TomandhisyoungerbrotherRobertspentmuchoftheirchildhoodinthecityandnearbyHinsdale.Yearsago,RobertwasdiagnosedwithAspergerSyndrome.HehasbeenaresidentofLambsFarmfor38yearsandhasbenefittedgreatlyfromthesupporthereceivesthere.

Thefamily’spositiveexperiencewithLambsFarmultimatelyinspiredthemtoreachouttoLCCFtoexplorehowaportionoftheirestatecouldbeusedtobroadlyfundorganizationshelpingdevelopmentallydisabledresidentsofNorthernIllinois.DuringarecentvisittoIllinois,TommetwithstafftolearnmoreabouttheFoundation’sworkanddiscussitsareacommunitypartnersthatprovidesimilarservicestoresidentslikeRobert.

Tomshared,“I’maphilan-thropistanddidn’tevenknowit!BynamingTheLakeCountyCommunityFoundationinmywill,IhavepeaceofmindknowingIdon’thavetohandlealotofpaperworkandmyfamilycanrelyonthelocalknowledgeandexpertiseoffoundationstaffmemberstoensureourlegacyiswellstewarded.”

“�Community�foundations�provide�a�great�opportunity�for�everyone,�even�those�with�a�modest�estate,�to�leave�a�legacy�of�helping�those�in�need.”�- TOM SANDER

Brothers Tom (L) and Robert (R) Sander in Alaska. Photo credit: Tom Sander.

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THANK YOU

The Lake County Community Foundation is grateful for the generosity of those who make Lake County a stronger, healthier, more vital region by volunteering, making charitable donations to support our mission, establishing named funds and joining The Lake County Legacy Society.

OFFICERS, BOARD OF DIRECTORS AND STAFFAs of February 2019

Board of DirectorsMartha R. Hinchman Chair Board member since 2015

Gale Strenger-Wayne Vice-Chairman Board member since 2016

C. Lawrence Connolly Treasurer Board member since 2012

Horacio Lopez Secretary Board member since 2009

Tiffany M. Alexander Since 2017

Jeanne Ang Since 2018

Bert Carstens Since 2013

Lisa Sarris Cowhey Since 2018

Rev. Dr. Robert A. Davis Since 2015

John Geiringer Since 2013

Ken Gotsch Since 2017

Shana Hayes Since 2018

Dr. Laura Brown Hoult Since 2018

Scott Humphrey Since 2018

Ted Notz Since 2017

John Sonnier Since 2018

Stephen Sullivan Since 2016

StaffMiah H. Armour Executive Director

Maggie Morales Director of Community Leadership and Investment

Wendy Richter Associate of Foundation Relations

Start Somethinggoodtoday.lakecountycf.org/give

114S.GeneseeStreet,Suite505,Waukegan,IL60085847.377.0520|lakecountycf.org

To Start Something Good in Lake County subscribe to our e-news bulletins and follow us on social media. Keep in touch with local philanthropy and social impact throughout the region!

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