madison community foundation annual meeting june 2014

Helping Good People Do Good

Madison Community Foundation Board of Governors

Madison Community Foundation Staff

Helping Good People Do Good

INSPIRINGSUPPORTING

CONNECTING

12-Month Activities

• Completed 5-year strategic plan

• Strengthened relationship with AFFW

• Completed three campaigns

• Hired three staff

• Grew contributions, distributions, returns

Great Performance Campaign

MCF Core Values

• Generosity: We inspire giving to improve our world

• Permanence: We steward community assets to ensure permanent, multi-generational

philanthropy

• Connectivity: We listen to fundholders, learn about community initiatives and foster

connections

• Effectiveness: We identify opportunities, align actions and produce results

• Integrity: We create trust by acting with transparency and accountability

MCF Stakeholder Themes

Knowledge of the community

Permanence

Expertise

Identify and foster connections

Independent objectivity

MCF Mission

Madison Community Foundation uses its local knowledge and assets to

inspire giving, support meaningful initiatives and connect people for the

common good.

MCF Vision

The Greater Madison Area will bea vibrant and generous place

where people help each other thrive.

Helping Good People Do Good

INSPIRINGSUPPORTING

CONNECTING

Financial Highlights

Total Assets: $153,190,047

Contributions Received: $9,212,371

Gifts Received: 3,465

Number of Donors: 1,763

Distributions: $7,996,802

Number of grants: 1,378

Your Support Doing Good in the World

Fundholders – Areas of Focus

Average AnnualInvestment Returns

as of 12/31/13

  Value 1 Year3

Years5

Years10

YearsDiversified Portfolio $132.5 M 15.11% 6.49%

10.46% 5.21%

benchmark 

14.90% 8.10%11.28

% 5.85%

ESG Portfolio $3.8 M 20.69%10.29

%11.90

% 6.18%

benchmark 

17.55%11.06

%12.71

% 6.54%

           Maximum Giving Portfolio $5.9 M 9.85% 5.65%    benchmark   4.17% 5.87%    

Intergenerational Equity

“The trustees of endowed institutions are the guardians of the future against the claims of the present. Their task in managing the endowment is to preserve equity among generations.”

James Tobin, Economist

Investment Goals

Enhance MCF Long-Term Viability• maximize value of permanent endowment• prudent level of risk• long-term investment program 

Return Objective• normal inflation + spending• preserve purchasing power of the funds

Excellent Stewards

MCF Board of Governors

MCF Investment Committee

Joan Burke, Chair Jack BolzJim Bradley Phyllis LovrienSteve Brown Ron MensinkJac Garner Tom OlsonBlaine Renfert Mark ReadyDave Stark Dave Reinecke

Carrie Thome

Trusted Professionals

Commonfund• Outsourced Chief Investment Officer• 50 Sub-advisors of marketable and

hedging strategies• 70 private capital managers

 Walden Asset Management• ESG portfolio manager

Asset Allocation Process

ESG Considerations• Demonstrated accountability• Management systems• Peer group comparison• Trends over time

• Capital reinvestment• Human rights• Local impacts

• Board structure• ESG reporting• Executive compensation• Political spending and lobbying

• Compensation/benefits• Diversity• Labor relations• Safety and workplace conditions

• Climate change• Resource efficiency• Waste reduction• Water risk

Environment Workplace

CommunityCorporate Governance

Sources of information• Company • Government databases• Independent research providers• Issue-based technical experts• Major media and trade journals

ESG Research FrameworkInforms Portfolio Screening and Shareholder Engagement

Core Products &

Services

Real-Life Results

Fund Inception 1991

Total Contributions to Fund $15,086,613

Cumulative Grants from $21,965,255 Fund since inception

12/31/13 Fund balance $16,946,529

Helping Good People Do Good

INSPIRINGSUPPORTING

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Dorothy Blotz, FundholderField of Interest

Inspiring Donors

Christine Rew Barden, Advisor

Trusts & Estates Attorney

“The philanthropic services offered by Madison Community Foundation are not only cost effective, but make philanthropy easy, flexible, and effective…”

Inspiring Donors

Inspiring Donors

Glenn and Cleo Sonnedecker, FundholdersCommunity Impact

Friends of Dane County Parks Endowment

Inspiring Donors

Inspiring Donors

• Thank you• Proactive outreach• Current & future goals– Donor Fundholder

– Fundholder Legacy Society

– Legacy Society Fundholder

Helping Good People Do Good

INSPIRINGSUPPORTING

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Madison Public LibraryNew Downtown Library

Clean Lakes AllianceConservation and Infrastructure

A Fund for WomenEndowment Challenge Grant

Boys and Girls ClubCollege Club

Simpson Street Free PressAfter School Academic Academy

Operation Fresh Start Pathways Premium Program

YMCACommunity School Pilot Program

Omega SchoolGED Digital Curriculum

Salvation ArmyComputer Lab

Bridge Lake Point & Vera Court Neighborhood Centers Latino Academy Workforce Development

River Food PantryWalk-in Cooler

Central Park

Madison OperaNew Building

Madison BalletDracula

Madison Music Makers

Wisconsin Youth Symphony Orchestra

Wolf Run Association Black Earth Creek Trail in Mazomanie

Dane County ParksEndowment Challenge Grant

Wisconsin WetlandsEndowment Challenge Grant

Dane County Humane SocietyCapital Campaign

Attic Angel

Domestic Abuse Intervention ServicesCapital Campaign

Henry Vilas Zoo

 Splash ParksMadison, Middleton, Fitchburg

Splash Park

Neighborhood Center COMETS(Creating Opportunity in Math, Engineering, Technology and Science)

GROW CoalitionDigging In Project

Lakeview Elementary “Pazillion”

Orchard Ridge Elementary

Whalen Pond

Beyond the Page Endowment

$1.4 million raised!

Cost-free, Collaborative, Countywide

Helping Good People Do Good