2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000...
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Transcript of 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000...
![Page 1: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/1.jpg)
2013 Annual Report
Southminster Foundation
![Page 2: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/2.jpg)
Southminster Foundation2
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.
![Page 3: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/3.jpg)
Southminster Foundation3
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
![Page 4: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/4.jpg)
Southminster Foundation4
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.
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Southminster Foundation5
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
![Page 6: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/6.jpg)
Southminster Foundation6
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
2013 Community Support
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Southminster Foundation7
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
Granting Process
![Page 8: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/8.jpg)
Southminster Foundation8
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.
![Page 9: 2013 Annual Report Southminster Foundation. 2 Foundation Basics Established 1979 with $250,000 Donation. Principal is invested. Some gains are retained.](https://reader036.fdocuments.net/reader036/viewer/2022072116/56649e2b5503460f94b19866/html5/thumbnails/9.jpg)
Southminster Foundation9
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
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Southminster Foundation10
Nominations 3 year term, 2014 – 2017
Craig Butler
Greg Jones
Frank Angelo
1 year term served by Trustee Sue Kozak
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Southminster Foundation11
THANK YOU