2013 Annual Report

Southminster Foundation

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.

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

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.

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

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

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

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.

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

Southminster Foundation10

Nominations 3 year term, 2014 – 2017

Craig Butler

Greg Jones

Frank Angelo

1 year term served by Trustee Sue Kozak

Southminster Foundation11

THANK YOU