2014 community foundation of morgan county annual report

2013-2014 CFMC Annual Report2 2013-2014 CFMC Annual Report

32013-2014 CFMC Annual Report2013-2014 CFMC Annual Report

Coming up on one year since returning to Morgan County, I am amazed at how quickly the time has passed. It is a privilege to return to my hometown and serve as the executive director

of the community foundation. I am fortunate to build upon the founda-tion’s past successes.

Graduating from Martinsville High School in 1989, and ultimately In-diana University Bloomington ('93, '95), I have spent the vast majority of my professional life dedicated to philanthropy within higher education in-stitutions and community foundations.

In returning, I find our community full of exceptional leaders working together to make a difference in the lives of the citizens of Morgan Coun-ty. The many dedicated individuals and groups who volunteer and raise funds for good works make me truly excited for the future of our county. As the community foundation evolves as a philanthropic leader, we hope to focus on impact grant making to support our dynamic non-profit part-ners. Working together we can define what community means for Morgan County.

Twenty years doesn’t seem that long ago and it is good to be home. I am grateful for the overwhelming support of our community in being wel-comed back and to renew many old friendships.


2014 Officers

Patty Wood President, CFMC Board

Chris BransonVice President, CFMC Board

Frank Rowe, Jr.Secretary, CFMC Board

Jim JohnsonTreasurer, CFMC Board

Jenna BennettPast President, CFMC Board

2014 Members

Lisa ArnoldBill MeredithMarty MillerGary Oakes

Kristin OberleErin Pipkin

Judith StrodeJudy Williams


2014 Scholarships

In 2014, the Community Foundation of Morgan County awarded $146,459.12 in scholarships from

its own CFMC funds. Criteria for each scholarship is selected by the donor of the fund.


Ready Set Quit Tobacco Coalition Fund

Martinsville Youth Development Center Endowment Fund

Eric Pierce Memorial Scholarship Fund

Gwynn Wilkins Camp Scholarship Fund

Vets 4 Vets Fund

Becky Sonnega Endowment Fund

Mt. Olive Manufacturing Elementary School Experimental Learning Fund

Morgan County Soil and Water Conservation District Fund

Healthier Morgan County Initiative - NARCAN

Ron Taylor Memorial Ride Fund

Ready Set Quit Tobacco Coalition Fund

Martinsville Youth Development Center Endowment Fund

Eric Pierce Memorial Scholarship Fund

Gwynn Wilkins Camp Scholarship Fund

Vets 4 Vets Fund

Becky Sonnega Endowment Fund

Mt. Olive Manufacturing Elementary School Experimental Learning Fund

Morgan County Soil and Water Conservation District Fund

Healthier Morgan County Initiative - NARCAN

Ron Taylor Memorial Ride Fund


2014 Foundation Contributers

Reporting Corrections: Every effort is made to ensure an accurate, comprehensive listing of contributors. If we have erred, please let us know, so we can correct

our records and properly thank you for your gift.


2014 Honorary &

Memorial Gifts

Honoring a loved one through a charitable gift is an especially meaningful way of paying tribute

to someone special. Memorial gifts offer a lasting opportunity to recognize those we hold dear and

enhance our contributions by making them a very meaningful and personal experience.


Support & Revenues

2014 2013 2012

Contributions & Grants $616,276 $543,371 $322,525

Investment Return, Net $235,771 $888,775 500,075

Administrative Fee Income $348,062 $294,997 $255,147

Special Events Income $119,286 $81,912 $68,698

Total Support & Revenue $1,319,395 $1,809,055 $1,149,901

Expenses

Grants $247,323 $220,758 $201,412

Programs $321,164 $267,848 $235,853

Salaries & Wages $314,884 $242,057 $250,134

Administrative Fees $102,342 $102,281 $99,193

Professional Fees $32,169 $29,830 $31,657

Printing & Postage $25,055 $23,857 $20,278

Payroll Taxes $26,645 $18,991 $20,207

Computer Expenses $13,685 $16,855 $9,269

Employee Benefits $20,222 $12,184 $13,622

Repairs & Maintenance $10,291 $8,929 $6,272

Events $12,810 $6,489 $8,011

Depreciation $7,925 $7,520 $7,247

Advertising $2,677 $3,113 $7,163

Telephone $9,185 $11,008 $11,321

Insurance $6,025 $5,279 $4,833

Training $1,215 $2,692 $590

Utilities $10,846 $6,913 $6,649

Equipment Expenses $3,603 $2,937 $3,033

Office Supplies $4,929 $3,948 $3,512

Travel & Entertainment $3,754 $4,375 $3,004

Board & Committee Expenses $211 $760 $478

Dues & Subscriptions $838 $1,843 $1,596

Donor Relations $1,384 $1,034 $460

Contracted Services $3,079 $2,199 $1,264

Miscellaneous $1,576 $2,835 $928

Total Expenses $1,187,293 $1,009,991 $951,442

Change in Net Assets $135,558 $802,520 $198,459

Net Assets, Beginning of Year $6,030,451 $5,227,931 $5,029,472

Net Assets, End of Year $6,166,009 $6,030,451 $5,227,931

$104,990

$136,605 $146,459

$17,340$13,400

$18,705


Martinsville Office Mooresville Office


2014 community foundation of morgan county annual report

News & Politics