Fall 2012 Newsletter

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a publication of the central new york community foundation Smart Giving Fall 2012 in this issue CNY85 Giving Project Announces Winners page 3 A Daughter Remembered with New Fund page 5 Red Cross Receives Partnership Grant page 12 e Community Foundation is excited to announce that our first- ever Collaborative Impact Prize grant has been awarded to the new Incubating Northside Culture (INC) project of the Northside Urban Partnership, or Northside UP. e prize amount - $85,000 – will be used to create a venue for entrepreneurial dreams to become a reality for Syracuse’s Northside neighborhoods. e project offers an opportunity to address, in a collaborative way, issues ranging from refugee resettlement and poverty to Northside commercial vacancy rates and small business development among low income households. INC will offer entrepreneurs the ability to launch small businesses in Northside neighborhoods by providing them the support, education and lending assistance necessary to expand into independent businesses. By offering business training, financial workshops and microloans, INC will allow community residents to become employers and economic stakeholders in their own neighborhood. e following Northside UP sponsoring partners will provide business development expertise and funding in this project: Catholic Charities of Onondaga County, St. Joseph’s Hospital, CenterState CEO, Franciscan Collaborative Ministries, Hopeprint Refugee Resettlement Services, Cooperative Federal Credit Union and the Small Business Development Center. e project intends to build upon a series of significant economic investments in the Northside over recent years by enhancing residents’ access to economic opportunities. INC will offer residents the ability to launch microenterprises within a marketplace setting while being trained, coached and equipped to thrive as small business owners. It is anticipated that 12 business concepts will be launched to the market within the program’s first year. is special one-time grant was made in celebration of the Community Foundation’s 85th anniversary to support the implementation of an innovative, collaborative, cross-sector solution to a critical community issue. Northside UP was chosen out of 16 applications seeking support for proposed projects representing a range of community collaborations and partnerships. Congratulations to the Northside UP partners. We look forward to seeing great outcomes from this exciting new project! Northside UP Wins $85,000 Impact Prize ProLiteracy Opens Colvin Center page 9 North Salina Street runs through Syracuse’s historic Northside neighborhood.

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The Central New York Community Foundation's 2012 Fall Newsletter.

Transcript of Fall 2012 Newsletter

a publication of the central new york community foundation

Smart GivingFall 2012

in this issue

CNY85 Giving Project Announces Winners page 3

A Daughter Remembered with New Fundpage 5

Red Cross Receives Partnership Grantpage 12

The Community Foundation is excited to announce that our first-ever Collaborative Impact Prize grant has been awarded to the new Incubating Northside Culture (INC) project of the Northside Urban Partnership, or Northside UP. The prize amount - $85,000 – will be used to create a venue for entrepreneurial dreams to become a reality for Syracuse’s Northside neighborhoods. The project offers an opportunity to address, in a collaborative way, issues ranging from refugee resettlement and poverty to Northside commercial vacancy rates and small business development among low income households.

INC will offer entrepreneurs the ability to launch small businesses in Northside neighborhoods by providing them the support, education and lending assistance necessary to expand into independent businesses. By offering business training, financial workshops and microloans, INC will allow community residents to become employers and economic stakeholders in their own neighborhood. The following Northside UP sponsoring partners will provide business development expertise and funding in this project: Catholic Charities of Onondaga County, St. Joseph’s Hospital, CenterState CEO, Franciscan Collaborative Ministries, Hopeprint Refugee Resettlement Services, Cooperative Federal Credit Union and the Small Business Development Center.

The project intends to build upon a series of significant economic investments in the Northside over recent years by enhancing residents’ access to economic opportunities. INC will offer residents the ability to launch microenterprises within a marketplace setting while being trained, coached and equipped to thrive as small business owners. It is anticipated that 12 business concepts will be launched to the market within the program’s first year.

This special one-time grant was made in celebration of the Community Foundation’s 85th anniversary to support the implementation of an innovative, collaborative, cross-sector solution to a critical community issue. Northside UP was chosen out of 16 applications seeking support for proposed projects representing a range of community collaborations and partnerships.

Congratulations to the Northside UP partners. We look forward to seeing great outcomes from this exciting new project!

Northside UP Wins $85,000 Impact Prize

ProLiteracy Opens Colvin Centerpage 9

North Salina Street runs through Syracuse’s historic Northside neighborhood.

Point of ViewThe theme for our annual report this year is Your Story is Our Story. This theme has been reflected during our 85th Anniversary year in numerous ways. From the Collaborative Impact Prize, to the quarterly CNY85 Giving Project online grant voting competition, to the stories of donors, nonprofit and civic leaders revealed by StoryCorps, each element has built upon another to create a portrait of our work and those that share our mission to improve our communities.

When we look back, sometimes our stories weave together in surprising ways. A good example of this involves the Barnes/Hiscock mansion on James Street. When Judge Frank H. Hiscock, a former Chief Judge of the New York State Court of Appeals and one of our founders, passed away in 1946, he left a bequest of his home to the Community Foundation. Shortly thereafter, we sold the property to the Corinthian Club, which used the home as a private women’s social club for decades. In 1949, we used proceeds from the property’s sale to make a grant to create the Hiscock Legal Aid Society. In 2009, the club transferred the home to the George and

Rebecca Barnes Foundation to help preserve its historic character. Earlier this year, we made a Community Grant to the Barnes Foundation to support architectural costs for the building’s restoration.

The mansion also featured a carriage house on Green Street that for many years was used to operate the Carriage House Community Center’s Wagon Wheel program for seniors. When this program wound down in 2004, the organization sold the property and the proceeds were transferred to the Carriage House

Foundation Fund at the Community Foundation, which to this day makes grants from its endowment to programs supporting seniors.

There are many local stories of philanthropic purpose and impact like these that, untold, become forgotten. This applies not only to our shared civic histories but also our own family stories. A

recent study by Ancestry.com found that only 22% of us can recite the full names of two of our great-grandparents – only 8% of us can recite the names of three great-grandparents. Given this trend, how will we be remembered, and how can our civic and a community interests be permanently sustained?

The Hiscock family story demonstrates that the mission and purpose of the individuals who have created charitable legacies at the Community Foundation lasts for generations. Their stories are our story.

Peter A. DunnPresident & CEO

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cnycf.org and choose Newsfor our currenthappenings.

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The historic Barnes/Hiscock mansion, located on James Street in Syracuse

Judge Frank H. Hiscock

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cny85.org to learn more about

our CNY85 grants and to vote for your

favorite project.

CNY85 Giving Project Announces WinnersWe are pleased to announce more great news coming out of The CNY85 Giving Project as our 85th Anniversary year comes to a close. The winners of the competition’s next $8,500 grant recipients have been announced - Orenda Springs Experiential Learning Center and Jowonio School. Created to engage the public in our anniversary celebration while also drawing attention to local nonprofit organizations, The CNY85 Giving Project allows the public to vote for its favorite projects via an online ballot.

Orenda Springs Experiential Learning Center earned the most votes in June, when the focus was on housing, health and human service projects. Orenda Springs, a 130 acre “Classroom in the Woods,” uses nature trails, a rock climbing wall, a natural amphitheater, group camping sites and a ropes course to help children practice their skills in perseverance, initiative, problem-solving, trust and courage. With its new grant, the organization will provide 200 Syracuse City middle and high school students with the opportunity to participate in a day-long empowerment program at the facility.

Jowonio School won the education and technology round in September. Jowonio is an inclusive preschool that

serves young children with a wide range of abilities both in school and home-based programs. With its $8,500 grant, the organization will provide computer tablets and specialized communication apps to its children with special needs in order to open an entirely new world for them. This technology helps the children engage with the classroom curriculum and participate socially with peers and adults, preparing them for the next level of their schooling and the world beyond.

So far this year, the Project has awarded three $8,500 grants to the organizations that received the most votes in each respective round. One more voting round will take place in December with a focus on arts, culture, recreation and civic engagement projects.

The participating nonprofits took many avenues to rally their supporters to vote. Creative email blasts, notices to social networks, newsletters and website announcements were all utilized. Organizations that participated report that being a part of the Project benefited their visibility, even if their efforts did not result in a win. We hope that those who participated in voting are inspired to get more involved in their community.

Thank you to all who participated in this initiative. Without your enthusiasm and hard work, it would not have been such a great success.

what you can do:

VoteThe last round of public voting will run during the month of December. Visit cny85.org each day to cast your vote.

SupportMany organizations are vying to receive a grant, but unfortunately not all can win. If you would like to support one of the many deserving projects featured this year, visit cny85.org to see a full project list.

A climber celebrates a big accomplishment in the High Ropes Course at Orenda Springs Experiential Learning Center.

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storiesofcny.org and take a listen to some inspiring stories recorded earlier this year.

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Giving Matters

Jennifer L. OwensVice President,

Development & Marketing

Create a Legacy with DimensionThe theme for this year’s annual report – Your Story is Our Story - shines a spotlight on what I consider to be the pearl in the oyster that is the Community Foundation. The stories captured over the past 85 years and held within our walls are a testimony to the generosity of the many community-minded individuals who have chosen to make a lasting charitable impact in Central New York. To be sure, our primary responsibility is to carefully manage and distribute funds in keeping with the intent of the donors who entrust us with their legacies. Increasingly, though, we are adding nuance to our work by capturing the stories of our donors in greater detail and seeking opportunities to share them in more vivid ways.

Donors who choose to leave funds to the Community Foundation through planned gifts and bequests have the option to meet with us to discuss their charitable interests and the life circumstances that have informed those interests. The meeting provides the information I need to assist in crafting a meaningful expression of charitable intent that includes information about the donor’s life and values. The parts of your story that inform future generations about why you give can be just as important as the information about what you choose to support.

The story on the opposite page is an example of the tremendous opportunity that exists when donors leave us with more than simply a fund name and purpose. Everyone who chooses to join our Legacy Society by creating a planned gift or including us in their estate plan has this same opportunity – to be remembered in the way that they choose, to give to the causes that matter to them in perpetuity, and to inspire

others through their generosity.

If you are interested in telling your story and creating your legacy through the Community Foundation, call me at 883-5540 or email [email protected].

Love stories?

Community Foundation Welcomes New Donor Relations OfficerWe are excited to welcome Monica Merante to the Community Foundation as our new Donor Relations Officer. Her primary responsibility will be to enhance the experience of Community Foundation donors through stewardship, outreach and engagement.

Monica holds a Bachelor of Science in Public Relations, magna cum laude, from Syracuse University’s S.I. Newhouse School

of Public Communications. Prior to joining the Community Foundation, Monica served as Director of Development at Onondaga Community College. She also serves on the Association of Fundraising Professionals board of directors and Le Moyne College’s Editorial Board.

Year End Giving Dates to KnowGifts credited for 2012 tax returns must be:• delivered to the Community Foundation by

4:30 p.m. on December 31• postmarked on or before December 31

• given online by 11:59 p.m. on December 31

Please note that complex gifts, such as an IRA transfer or a gift of stock, may take longer to process. If you are considering this type of gift, please allow enough time for processing.

cnycf.org and choose

Funds & Donors to learn more about

our funds.

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Ruth Shapiro Blumberg lived a life of volunteerism, and her charitable spirit will live on through a fund to benefit children created by her recent bequest to the Community Foundation. Ruth, who passed away in late September at the age of 91, chose to create The Martha Fund as a lasting tribute to the daughter she loved and lost too soon.

Martha Blumberg accomplished great things in her short life – gaining recognition as a promising young artist when she was just 12 years old. In that same year, she began dialysis for a kidney disorder that was first diagnosed when she was 8. She was an honor student, artist, and musician, but she was constrained by a disease that forced her to undergo several organ transplants.

Despite her health issues, Martha graduated from Jamesville-Dewitt High School in 1979 and attended Yale University for two years. She was doing well in her studies but chose to leave school to pursue her passion for music. Martha found her need for frequent dialysis to be a hindrance to her career. She was hopeful that another transplant might free her from the tethers of a dialysis machine.

Martha died waiting for what would have been her third kidney transplant. Her death in 1985 at the age of 23 was devastating to her parents, Ruth and Sydney Blumberg. Sydney, a respected lawyer in Syracuse for more than 50 years, died not even a full year after his daughter’s passing.

Ruth’s life was forever changed by the loss she experienced. Martha was Ruth’s greatest joy and she often referred to her adopted daughter as ‘a gift from God.’ She felt that it was a privilege to have Martha for the time that she did.

Through her grief, Ruth persevered and carried on with her lifelong commitment to many volunteer activities. She served as a children’s docent at the Everson Museum of Art, a board member of the Syracuse Symphony, and a volunteer for Crouse Hospital. She was particularly proud of her efforts through the National Council of Jewish Women to establish a library in an inner-city school and the establishment of

Martha’s Room at Hospice to serve grieving children.

Martha’s zest for life will be honored in perpetuity through The Martha Fund, a fund to support children’s programs in Onondaga County. Countless children in our region will benefit from the generous commitment Ruth made to ensure that her daughter’s memory would not be forgotten when she herself passed away.

The Community Foundation administers more than 50 ‘field of interest’ funds that – like Martha’s fund – carry forward the mission of individual donors who want to support a particular issue or region. These funds provide grant dollars that can be deployed to meet community needs that arise in the chosen focus area over time. For more information about field of interest funds, visit www.cnycf.org.

BlumbergA Lasting Tribute: Ruth & Martha

Martha Blumberg

Ruth & Martha Blumberg

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Ar ts, Culture & HumanitiesCNY Jazz Arts Foundation - $20,901Support communications activities related to existing and modified programming for the upcoming season

Landmark Theatre Foundation - $40,000Install a public elevator to provide access to the balcony seating and second floor mezzanine, where many private and community functions are held

Museum of Science & Technology Foundation (MOST) - $50,000Support the Energy - Powering Your Future exhibit, which focuses on energy generation and conservation

Skaneateles Festival - $3,240Host a chamber music concert and community art show in collaboration with the Red House Arts Center

George & Rebecca Barnes Foundation - $22,500Support architectural drawings and project plans for the restoration of the Barnes Hiscock Mansion

Economic DevelopmentPartners for Education and Business - $25,000Expand the Science, Technology, Engineering and Math (STEM) Teacher in the Workplace program, which places teachers in worksites to develop STEM-related lesson plans

EducationColgate University - $5,012Support a five day per week summer Young Writer’s Workshop with middle and high school students

Literacy Volunteers of Greater Syracuse - $8,336Outfit its new location in the SUNY Educational Opportunity Center building with an upgraded server and laptops

Liverpool Central School District - $19,225Implement a program called Math and Movement at Long Branch Elementary that uses movement-based learning techniques to improve math and reading skills

On Point for College - $22,192Support the Stop-Out Program designed to re-enroll students who have stopped out of college for various reasons

Partners in Learning - $30,743Update and expand the West Side Learning Center computer lab

HealthAlzheimer’s Association, CNY Chapter - $12,500Expand its constituent and donor database to enhance client services

Central New York Eye and Tissue Bank - $25,000Purchase a Microkeratome machine, a precision surgical instrument used for corneal transplants

SUNY Upstate Medical University Foundation - $100,000Construction of the infusion playroom at the Center for Children’s Cancer and Blood Disorders to be housed in the new Upstate Cancer Center

Syracuse Behavioral Healthcare (SBH) - $75,000Furnish the children’s resource room and counselor/client workspace, located in its new facility in the Learbury Centre

Human ServicesBrewerton Community Child Care Program - $7,000Install a new playground

Catholic Charities - $50,000Install Service Point, a data management system that improves case management

Community ImpactIn June and September, our board of directors approved grants to 29 nonprofit organizations through our Community Grants program, totaling $808,156.

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go tocnycf.org and choose Our Grantmakingto learn more about our grants.

Children’s Center at SUNY Morrisville - $20,000Furnish its newly expanded and renovated space, which serves students and faculty, as well as the greater Morrisville community

Children’s Consortium - $18,399Support the Get Ready to Read workshop series, which encourages a family approach to childhood literacy

Enable - $7,000Install fencing around the accessible playground at its Court Street facility

From the Ground Up Therapeutic Horsemanship - $7,000 Purchase a horse trailer and portable pen

Hamilton Food Cupboard - $8,000Purchase and install a greenhouse unit to grow fresh produce

Hillside Children’s Center - $28,500Connect youth in foster care to relatives and other supportive adults through Family Finding services

Meals on Wheels of FM and JD - $3,595Update its stove and oven unitSt. Camillus Health & Rehabilitation Center - $57,000Install a new automatic sprinkler system in the nursing facility

Public & Societal BenefitDowntown Committee of Syracuse - $28,813Add more hanging flower baskets in Downtown Syracuse

Camillus Canal Society - $3,200Construct ten exercise stations along the path of the Camillus Erie Canal Park to increase wellness and recreation options

North Area Volunteer Ambulance Corps - $10,000Assist in the conversion of its mobile radio system

Syracuse Housing Authority (SHA) - $100,000Support the rehabilitation of 48 low-income housing units at West Onondaga and West streets in Syracuse’s Near Westside neighborhood

These grants were made possible through the support of the following funds:• A.L. Lee Memorial Hospital Health Fund• Shirley M. Aubrey Fund• Charlotte and Donald Ball Fund• The Benji Fund• Besse Family Fund• Charles F. Brannock Fund• Shirley M. Brennan Fund• William L. Broad Fund• Elizabeth Salisbury Brooks Fund• Kenneth P. & Charlotte C. Buckley Fund• Thomas & Mary Cabasino Fund• Carriage House Foundation Fund• Philip R. & Elizabeth E. Chase Fund• Clarke Family Fund• Solly & Belle Cohen Fund• Community Council on Careers Fund• Community Fund• Community Literacy Fund• Mary Frances Costello Fund• Alfred & Grace Dibella Fund• Margaret J. Early Fund• Education Endowment Fund• Harold & Marian Edwards and O.M.

Edwards Co. Fund• Carlton R. Estey Fund• John M. & Mary L. Gallinger Fund

• Alice M. Gaylord Trusts• Minnie O. Goodman Estate Fund• Frances E. & John S. Hancock Fund• Carroll A. Hennessy Fund• Frances Singer Hennessy Fund• Anthony A. & Susan E. Henninger

Memorial Fund• Hills Family Fund• Flora Mather Hosmer Fund• I.A. Hotze Fund• Iaconis, Iaconis & Baum Fund• Leo & Natalie Jivoff Fund• Marjorie D. Kienzle Fund• Alicia A. & George W. Lee Fund• L.C. Maier Community Fund• Gay D. Marsellus Fund• John F. Marsellus Fund• Helen Hancock McClintock Fund• James & Aileen Miller Fund• Donald C. & Marion F. Newton Fund• Peggy Ogden Community Fund• Dorothy M. Olds Fund• Theodore & Marjorie B. Pierson Fund• Robert A. & Winifred S. Pond Family

Fund• Brian Cole Retan Memorial Fund

• James A. & McDowell Smith Reynolds Fund

• Robert M. & Dorothy M. Salisbury Fund

• Durston Sanford & Doris Sanford Fund

• Ralph Myron Sayer and Sophrona Davis Sayer Endowment Fund

• Helene C. Schroeder Fund• Frederick B. & Laura B. Scott Fund• Virginia C. Simons & Dr. Adele Brown

Fund• Winifred & DeVillo Sloan, Jr. Family

Fund• Lee & Alice Smith Fund• Syracuse Dispensary Fund• Walter A. Thayer Fund• Frances M. Thompson Fund• Olga Dietz Turner Fund• The Witherill Fund• Forrest H. Witmeyer Fund• Arthur W. & Mabel P. Wrieden

Memorial FundTo learn more about these funds and many others that make our grantmaking possible, visit www.cnycf.org.

cnycf.org and choose Our Grantmakingto learn how to apply for a grant.

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Preparing for a Community Foundation Site Visit: Let Your Passion Show!

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by Olive SephumaDirector,

Community Grantmaking

We often hear from our nonprofit partners that the thought of a site visit from a potential funder can be intimidating. Rest assured that from our perspective a site visit is always a good thing since it is a chance for us to get to know you better! Here at the Community Foundation, we think of site visits as the best way to learn more about your organization and see your mission in action.

Typically, site visits from the Community Foundation occur as part of the Community Grant process. Once your application has been received, a staff member will arrange a time to meet at your location and discuss the application further. Here are a few tips on how to prepare for a successful site visit.

First, make sure that the people representing your organization are well versed in the application and the overall project. Depending on the type of organization, your site visit may include the Executive Director, the grant writer, or the Program Director. We have found that it’s best to have a small group of people - one to three is best - participating in the visit. Having a copy of the application on hand is always a plus.

Second, it’s always helpful to schedule the site visit for a time when there are activities to observe. For instance, if you run an after-school program, it is most informative for us to visit when children are there. Most site visits are conducted in two-parts, including time to sit down and talk about your application and time to tour your facility. Seeing a program in action can often be the highlight of the

visit.

Third, this is a great opportunity to verbally and visually communicate the work of your organization and its programs, adding key information that can be difficult to capture within the four corners of a page. Don’t be afraid to let your enthusiasm and passion show!

Most importantly, remember that this is an informal get

together and an opportunity for us to learn more about your organization. It is not a test that you can pass or fail. For us, a site visit is just another step in the Community Foundation’s goal of establishing a long-term relationship with your organization.

Keep in mind that we like to receive invitations to visit even if you are not applying for a grant, as there are always opportunities to become more familiar with the wonderful work you do. Feel free to call a member of the grants team any time!

Granting Matters

site visit quick tips• Choose two or three

staff members who are familiar with the application

• Come prepared with a copy of your application

• If possible, we’d love to observe some of your organization’s activities

• Let your passion show!

Olive Sephuma visiting Exploring Your World preschool.

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Preparing for a Community Foundation Site Visit: Let Your Passion Show!

cnycf.org and choose

Our Grantmaking for more on our

Community Grants.

ProLiteracy Opens Center on Near Westside

ProLiteracy, an international nonprofit founded and based in Syracuse, recently moved into the former Case Supply building in the Near Westside neighborhood. The organization’s new headquarters includes the Ruth J. Colvin Center of Innovation and Excellence in Adult Literacy, also known as the Colvin Center. The Colvin Center aims to increase the quality and availability of adult and family literacy services in Central New York by increasing the depths of ProLiteracy’s work through hands-on staff involvement.

With the help of a community grant from the Community Foundation, ProLiteracy was able to equip and install a 30-unit public computer center and an additional 30-unit mobile computer lab, known as the Life Link Public Computing Center. The new facility includes a fully equipped adult literacy library, interactive classrooms and a computer center for adult learners. The space also features a unique reading and resource area with publicly accessible free wireless internet access. Additionally, funding allowed the organization to equip two state-of-the-art training rooms and to develop three literacy training workshops.

ProLiteracy offers a variety of programming in the Colvin Center, including professional development workshops, Life Links digital literacy instruction, and public computing center access. The space is also used for special events, such as literacy fairs. In addition to the programming offered by ProLiteracy, it also hosts meetings and events for other community organizations. ProLiteracy continues to seek opportunities to make the space available to local organizations, and is committed to opening its doors to make the Colvin Center a true community resource.

ProLiteracy is the world’s largest provider of adult literacy and basic education programs, working to champion the power of literacy to improve the lives of adults and their families in communities across the nation and world. It has over 1,100 programs nationwide that address community-based literacy, English-as-a-second-language, adult basic education, and more. The organization anticipates it will serve approximately 800 local people each year through its programming in Syracuse and Onondaga County.

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mission:

ProLiteracy champions the power of literacy to improve the lives of adults and their families, communities, and societies.

the issue:

• 29% of Adult Americans can only read at the eighth-grade level.

• The effects of low literacy cost the U.S. more than $225 billion each year.

• One in five American adults cannot access or use the internet.

Learn more at proliteracy.org

An adult literacy tutoring session takes place in the new Life Link Public Computing Center.

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As 2012 comes to a close, we know donors are considering requests from many nonprofits. You’re thinking about the best way to make your gifts make a difference. Madelyn Hornstein, CPA and CEO of Dermody, Burke and Brown, provides this look at three popular year-end gift types for you to consider as you write your checks, speak with your professional advisor or go online with a credit card.

Gifts of Cash

Pros: From a tax perspective, people who itemize their deductions and give cash will save on taxes. Also, for 2012, there is no phase out, meaning that high income individuals will not lose up to 3 percent of the benefit, as they have in past years or may in future years.

Cons: The downside to cash gifts is that once the assets are given away, they are gone. That leaves fewer assets for donors to depend on for their future needs. If this is a concern, a simple gift through your estate plan may be a good alternative. It may also be beneficial to consider contributions of appreciated securities for tax efficiency or naming your charity as a beneficiary of your retirement plan.

Gifts of Appreciated Stock

Pros: Donors may give a gift of stock and deduct its fair market value, but they don’t have to pay tax on its appreciation. The process is fairly simple, and donors can contact their brokers or the Community Foundation to get started.

Cons: To be gifted, a stock must be held long-term, or for at least 12 months. While it is a simple transaction, a donor should allow more time for a stock gift than they would for a gift of cash. It’s best to begin the process a couple of weeks before year-end to be sure the broker can successfully transfer the assets to the charity’s account.

IRA Charitable Rollover: Uncertain Future

At the time of publication, Congress has yet to pass the extender bill that would reinstate this provision. Please verify the status of pertinent legislation with your plan administrator before initiating a transfer.

Pros: This provision, if reinstated, will allow donors ages 70 ½ and older to transfer up to $100,000 from their IRA directly to the Central New York Community Foundation (or another qualified charity). Donors can reduce their income for federal tax purposes and satisfy their required minimum distributions.

Cons: If transferred assets are not included as income, the donor does not receive an itemized deduction for the donation of those assets. Given the alternative minimum tax that most people prefer to avoid, your CPA can help you determine whether this is a good option for you. Finally, as with gifts of stock, a donor should allow at least a couple of weeks for the transfer to be completed.

Many thanks to Madelyn for sharing her time and expertise with us!

cnycf.org and choose How to Start Giving to learn more about giving options.

Great Ways toMake a

Difference

by Madelyn HornsteinChief Executive Officer,

Dermody, Burke & Brown

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Grant Application Deadline: Women’s Fund of Central New YorkThe Women’s Fund of Central New York is seeking applications from projects that support the success of women and girls. Visit womensfundofcny.org for application guidelines.

Calendar: Upcoming Events & Deadlines

go to

cnycf.org and choose

About Us to view all of our news and upcoming events.

Join us for some of our exciting nonprofit workshops this year and don’t forget to mark your calendar with our upcoming grant deadlines!

Make a

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N.E.W.S.: Strategic Thinking and the Power of the The One Page Business Plan®

Learn how a practical business planning process will enable you to focus, collect your thoughts for building your future and document your ideas and plans on a single page.9:00 a.m. - 12:00 p.m. Visit cnycf.org to register.

Grant Application Deadline: Greater Pulaski Community FundThe Greater Pulaski Community Endowment Fund is seeking applications from organizations that serve the Town of Richland.

Visit cnycf.org/pulaski for application guidelines.

Grant Application Deadline: Cayuga Community FundThe Cayuga Community Fund is seeking applications from programs that directly serve Cayuga County residents.Visit cnycf.org/cayuga for application guidelines.

Grant Application Deadline: Community Grantmaking

Nonprofit organizations in Onondaga and Madison Counties may apply for grants to fund innovative projects in various fields.

Visit cnycf.org/grants for application guidelines.

2013

Coming Soon!

N.E.W.S: Spring 2013 Topics Coming Soon!Topics will include: Aligning Board Governance and Fund Development; Nonprofit Collaborations; Strategic Partnerships; Tapping Into Corporate Philanthropy; Advanced Grant WritingComing in Spring 2013. Visit www.cnycf.org for future details.

CORRECTIONOur 2012 Annual Report stated that the Baltimore Woods Nature Center created Nature in the City after Executive Director Patty Weisse went through the Community Foundation’s Marsellus Sabbatical Program. In actuality, her sabbatical experience inspired enhancements to this previously created outreach program.

board of directorsWarren W. Bader, Esq.William C. BrodCraig Buckhout, CFAEvelyn CarterLinda Dickerson HartsockRichard D. Hole, Esq.Madelyn H. Hornstein, CPASteven JacobsEllen Percy Kraly, Ph.D.Joseph B. LeeMelanie W. Littlejohn, ChairDavid J. Moynihan, CPABrian Pollard, D.D.S.Rita L. Reicher, Ph.D.Judith M. Sayles, Esq.Robert Scolaro, Esq.Corinne R. Smith, Ph.D.Michael J. Wamp

legal counselGay M. Pomeroy, Esq. Mackenzie Hughes LLP

staffPeter A. Dunn, J.D., President & CEO

finance and operationsMary C. Meyer, Esq., Senior Vice PresidentLiz Cavallaro, ControllerDottie DeSimone, AccountantKathleen Deaver, Grants CoordinatorNicole Robinson, Administrative Assistant

development and marketingJennifer L. Owens, Vice PresidentMonica Merante, Donor Relations OfficerKatrina Crocker, Communications OfficerStephanie J. Parzych, Development & Operations Coordinator

grants and community initiatives

John G. Eberle, Vice PresidentFrank Ridzi, Director, Research & Community InitiativesOlive Sephuma, Director, Community GrantmakingDanielle M. Hurley, Program OfficerDavid A. Kilpatrick, Grants Manager

The Central New York Region of the American Red Cross was recently awarded a $25,000 Strategic

Partnership grant from the Community Foundation to support its regionalization. Previously comprised of 11 separately-managed chapter offices as well as various branch offices, the Central New York region is now comprised of six chapters and 10 centrally managed branches, serving 16 counties and approximately 2.1 million residents with improved programming. Funding will support database consolidation and licensing, regional branding supplies and a board member retreat.

The American Red Cross aims to prevent and alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. Locally, the Central New York chapter responds to approximately 200 disasters every year. The organization also provides training to more than 20,000 people each year in the areas of health, safety and disaster preparedness skills.

The Strategic Partnership Fund supports organizations seeking to create new partnerships in and between nonprofits that will enable them to enhance program delivery and achieve more effective and efficient use of limited financial and human resources. For more information about this fund, please visit cnycf.org/grants.

Strategic Partnership Fund Supports Regional Red Cross

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