2007 Annual Report
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Transcript of 2007 Annual Report
5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG
F R E S N O R E G I O N A L F O U N D A T I O N
5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG 2 0 0 7 A N N U A L R E P O R T2 0 0 7 A N N U A L R E P O R T
Allstars for PhilanthropyFRESNO REGIONAL FOUNDATION FRESNO REGIONAL FOUNDATION
Allstars for PhilanthropyEnergy and Commitment Flow in ourEnergy and Commitment Flow in our
contents
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F R E S N O R E G I O N A L F O U N D A T I O N
20072007annual reportannual report
donors
FRESNO REGIONAL FOUNDATION BOARD OF DIRECTORS
VISION PLAN FOR TOMORROW
IMPROVING LIVES THROUGH PHILANTHROPY
FUNDING OUR COMMUNITY
NEARLY $4 MILLION FOR CENTRAL VALLEY
EDUCATION – INVESTING IN THE FUTURE
THANK YOU DONORS
PARTNERS FOR PROGRESS
2007 FINANCIAL REPORT
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TABLE OF CONTENTS
financialpartners
scholarshipsgranteesfundsfoundationplanboard
CONTROL
P A S T B O A R D M E M B E R S
CONTROL FRESNO REGIONAL FOUNDATION BOARD OF DIRECTORS
board
Michael Adams, M.D.
William J. Anderson III*
Paul Asperger
Lynne Ayers-Ashbeck, M.S., R.D.
Armen Bacon
Larry Balakian
C.J. Peter Bennett
John Blossom, M.D.
William Boggs*
Shirley A. Brinker
Marilyn Brown
Carol Brylka
Vernon M. Crowder
Carol Dau*
Jamie Davidson
Octavia Diener
Robert E. Duncan
Lewis S. Eaton*
Jose A. Elgorriaga
Lowell Firstenberger*
Donald R. Fischbach
Susan Fisher
Hon. Donald R. Franson Jr.
Dan Foley
Judy Ganulin
Hilliard Giffen*
Price Giffen*
Richard V. Gunner
Carole Harris
Lynn D. Hemink, Ph.D.
Robert Jennings
Rosellen Kershaw
Harry Kubo*
Hon. Annette LaRue
William Lyles
Kendall L. Manock
Virginia Meux
Hon. Robert H. Oliver
Arlynne Patton
Leon S. Peters*
Chris Rogers
Morton Rosenstein, M.D.
T. Newton Russell*
Rudy Savala
Gerald Slater*
Gloria Smith
Malcolm H. Stewart
John S. Stoughton*
Gerald L. Tahajian
Harold V. Thompson*
Elaine Trevino
Valerie Vuicich
Joe Williams
O.J. Woodward*
Houa Wa Yang
*Deceased
P A S T B O A R D M E M B E R S
STANDING:
Jeffrey Jaech, John Horstmann, Hon. Brad Hill, Arthur Wint, Walter Cucuk, William Lucido, C. Ray Steele Jr., Don Schafer.
SEATED:
Dewey Slater, Joan Eaton, O. James Woodward III, Chris Rogers, Dan DeSantis, CEO,Mariam Stepanian, James Hallowell, Fausto Hinojosa.
NOT PICTURED:
Angie Cisneros and Patricia Tom.HONORED EMERITUS MEMBERS
Chris RogersO. James Woodward III
B O A R D M E M B E R SB O A R D M E M B E R S
MISSIONMISSION
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plan for plan
TOMORROWplan for
TOMORROW
VISIONVISION
STRATEGIC PLAN SUMMARY JANUARY 2008 THROUGH DECEMBER 2010
VISION STATEMENTTo be the trusted philanthropic leader in the transformation of the Central San Joaquin Valley
MISSION STATEMENTThe mission of the Fresno Regional Foundation is to improve the quality of life in the Central San Joaquin Valley throughphilanthropy.
VALUES In all its work, the board and staff of the Fresno Regional Foundation seek to exemplifyIntegrity – Inclusion – Excellence – Stewardship – Visionary Leadership
GOAL GOVERNANCEAchieve an informed, engaged and connected Board of Directors that effectively governs the Fresno RegionalFoundation.
GOAL ASSET DEVELOPMENTStrategically grow assets in a way that both responds to the needs of the Central San Joaquin Valley and is economically sustainable to Fresno Regional Foundation.
GOAL GRANTMAKINGDevelop a strategic grantmaking program that is broad-based, fair and transparent; that enhances Fresno RegionalFoundation’s credibility; and that is responsive to community needs.
GOAL MARKETING, VISIBILITY AND COMMUNICATIONSIncrease the visibility of Fresno Regional Foundation with targeted audiences to grow the foundation and enhanceits reputation for credibility, relevance, integrity and value.
GOAL COMMUNITY LEADERSHIPAdopt a limited focus on community leadership during the strategic plan period.
With the help of both the James Irvine Foundation and the William & Flora Hewlett Foundation, we embarked upon thismuch needed project under the guidance of Sutherland & Edwards, a Bay Area consulting firm specializing in foundationdevelopment. Many hours of diligent work by consultants, board members, and the staff resulted in a solid road map thatwe are all very proud of and confident will guide us well into the next decade.
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ABOUT THE FRESNO REGIONAL FOUNDATIONfou
ndati
onABOUT THE FRESNO REGIONAL FOUNDATION
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OUR MISSIONTo improve the quality of life in our community through philanthropy.
Established in 1966, Fresno Regional Foundation is a nonprofitcommunity foundation serving California’s Central San JoaquinValley. We work to improve lives in our community by encouragingphilanthropy. We provide unique opportunities for individualdonors, families, businesses, and other foundations to invest inprograms that address a wide spectrum of economic, social,educational, cultural and environmental needs. With over 150 donoradvised funds, field of interest funds, designated funds, schol-arship funds, and Funds for the Common Good, the Foundationis the trusted steward of charitable giving in the region.
COMMUNITIES WE SERVEFresno Regional Foundation is the leading philanthropicresource for communities throughout the Central San JoaquinValley. We serve six counties, with a population of more thantwo million people, covering 17,000 square miles:
■ Fresno County ■ Kings County ■ Merced County■ Madera County ■ Tulare County ■ Mariposa County
GIVINGFresno Regional Foundation offers many ways to give. We serveas a bridge connecting philanthropy to community-based organ-izations that provide programs and services throughout the SanJoaquin Valley. Our flexible giving options can be customized to
fit your unique financial and charitable interests. You can givenow, or include a gift as part of your estate planning. We are hereto help. We can work with you and your lawyer or financial advisorto help you choose the giving strategy that is right for you.
Together, we all help build a healthy, vibrant and prosperouscommunity.
MEMBERSHIPS AND AFFILIATIONS■ National Council on Foundations■ League of California Community Foundations■ The Maddy Institute■ San Joaquin Valley Planned Gifts Council■ National Committee on Planned Giving■ Fresno Coalition for Arts, Science & History■ Fresno Nonprofit Advancement Council■ The Greater Fresno Area Chamber of Commerce
GIVING NOW
■ You can give many different kinds of charitable assets as anoutright gift to the Foundation.
■ For appreciated stock or qualified retirement assets, a directtransfer will deliver maximum tax advantage.
■ Many people prefer the ease and convenience of the inter-net. To meet this need, the Foundation offers a new oppor-tunity for online donations. Our online donation serviceprovider produces a secure and safe method for theFoundation to receive donations online.
ABOUT THE FRESNO REGIONAL FOUNDATION
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foundationPLANNED GIVING
You can accomplish a range of financial and charitable goalswith planned gifts.
■ BEQUEST BY WILLAfter assuring that their loved ones have been cared for,many donors choose to leave their charitable assets upontheir deaths.
■ CHARITABLE TRUST We can help you provide for family and charity by settingup a charitable trust.
■ BENEFICIARY DESIGNATIONFor qualified retirement plans and life insurance policies,you can designate the Foundation as the beneficiary.
■ CHARITABLE GIFT ANNUITYYou can arrange a generous gift to the community, whileproviding lifetime income for you or another beneficiary.
PRIVATE FOUNDATION ALTERNATIVES
Fresno Regional Foundation donor advised funds and supportingorganizations offer easy, affordable, lasting alternatives to privatefoundations.
TYPES OF FUNDS■ UNRESTRICTED FUNDS
meet ever-changing community needs
■ FIELD OF INTEREST FUNDSconnect personal values to high-impact opportunities
■ DESIGNATED FUNDShelp local organizations sustain and grow
■ DONOR ADVISED FUNDSoffer a personalized approach to giving
■ AGENCY FUNDSprovide a simple, efficient way for nonprofits to createsustainability
■ SUPPORTING ORGANIZATION FUNDSare a high-impact, low-hassle alternative to privatefoundations
■ SCHOLARSHIPSinvest in deserving students
■ TRIBUTE GIFTS honor community members and commemorate importantevents
POWER OF ENDOWMENT
With Fresno Regional Foundation, you can support our com-munity forever with a permanent endowment. Endowments allowindividuals, families, organizations and business to ensure lastingimpact through preservation of principal and only grantingfunding of earned interest and dividends.
YOUR GIFTS – YOUR LEGACY
By endowing your gifts today, you can make a difference in ourcommunity during your lifetime and provide a gift that lastsforever. We’ll make grants in the name of your fund forever.We’ll always honor your charitable wishes, even if an organizationreceiving grants ceases to exist in the future.
through philanthropyimprovingimprovingLIVESLIVES
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Paul E. W. & Elizabeth B. Read FundTom and Louise Richardson FundRosenstein Charitable FundDonald J. & Alice B. Schafer FundMichael J. & Rhonda E. Schafer FundElizabeth Luanne Silkwood FundLeo & Evelyn Weil Family FundO.J. Woodward III FundJack and Bernice Woolf Family FundPhyllis B. & Robert G. Wright FundGary & Carol Yoder Foundation
FUNDS DESIGNATED FORSPECIFIC ORGANIZATIONSAgatha Farms, Inc., Waterfowl Habitat FundArmenian Library Museum & Cultural CenterBreak the Barriers FundBullard Foundation for Academic ExcellenceCancer Care Associates FundCASA of Fresno and Madera CountiesCentral California Latina Network FundCentral California Writers FundEconomic Development Corporation FundExceptional Parents Unlimited FundFitness Council FundFocus Forward FundFresno Leading Young ProfessionalsFresno Business Council FundFresno Madera Continuum of Care FundFriends of the Fresno County Library EndowmentFSU Swim FundHeritage Fresno Fund
Tekla Johnson Charitable FundLatino Center FundMental Health America of the Central ValleyShinzen Friendship Garden Endowment FundSierra Foothill Conservancy FundSisterhood of SurvivorsTower TrustUnited Cerebral Palsy of Central Calif FundWestside Tule Enterprise Community
FUNDS DESIGNATED FORSPECIFIC PROJECTSArt At The Airport FundHope for the HolidaysValley Visions Fund for UCSF FresnoHoward K. Watkins Photographic Archive Fund
COMPETITIVE GRANTING Arts and Cultural Advancement FundHuman Services Fund Youth Advancement Fund
FIELD OF INTEREST FUNDSACT Endowment Youth-Based Programs FundAir Quality FundArt Education FundArts to Zoo FundLee and Shelley Ayres Music for Children FundMae Bell Fund for Care of the ElderlyBlue Cross Rural Health Initiative FundChildren’s Health Benefits FundCommunity Education and Leadership Fund
Fresno Regional Foundation provides different types offunds and opportunities to support our community.
funds
DONOR ADVISED FUNDSAnonymous FundsBradford & Diane Anderson Family FundGeorge & Desa Belyea Charitable TrustBennett Family Foundation FundBlossom Family FundDon and Ruth Bricker Endowment FundDeborah Anne Busick FundCaravan Fund for ChildrenCommunity Development FundGeorge and Evelyn Ducoff Endowment FundIrma & Donald Franson Family FundJudy and Jim Ganulin Family FundGuarantee Goodwill Network FundEric K. Hansen Memorial FundHarris Farms Charitable FundRichard and Eleanor Holt FundDavid & Carolyn Johnson Family FundLeRoux Family FundWilliam S. and Elizabeth S. Lucido FundLyles Diversified Charitable FundLyles Foundation Donor Advised FundElizabeth V. Lyles FundGerald and Nanette Lyles Donor Advised FundJerry Lyles FundWill and Tami Lyles FundMr. & Mrs. William M. Lyles FundAnn Lyles-MacPhail Charitable FundMatty Matoian FundJane Porter FundKatherine Porter FundT. W. Porter Fund
FUNDINGFUNDINGourourCommunityCommunity
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Crisis Fund for the Central ValleyDeparted Angels FundForward Fresno FoundationFresno Unified School District Education FoundationFresno Unified School District Scholarship FundFriends of Fresno State FundGABY-Grants Advisory Board For YouthElka Gundelfinger Memorial Cultural & Health Care FundLouis Gundelfinger Memorial Fund for Parks and MusicLulu & Herbert Gundelfinger Memorial Fund for Arts
Minnie R. Gundelfinger Fund for Human ServicesHispanic Employees Association of PG&E FundParkinson’s Support FundClare Lauche Porter Charitable Dance FundPsychiatry Training Program UCSF Fresno FundFred Rau Charitable Fund for Neglected ChildrenRaymond Harvey Music FundJohn D. Romano Friends of the SightlessTeen Pregnancy Prevention FundYouth Education Endowment Fund
SUPPORT ORGANIZATIONLyles Support Organization
BOARD DISCRETIONARY FUNDSAdministrative Endowment FundBee Endowment FundBerven Charitable FundBoard of Directors’ Fund for the Common GoodGeorge W. Sims Undesignated Endowment Fund
Mrs. Evelyn Ducoff opened an endowed Donor Advised Fund with the intention of recommending grants to the Chawanakee
Unified School District in Madera County to support art and education programs. After her husband, George Ducoff, passed
away, Mrs. Ducoff wanted to leave a permanent legacy in both their names that benefited the community they deeply love.
Working with her accountant, she found that making a gift to the
Fresno Regional Foundation now would not only give her maximum
tax savings, but also allow her to enjoy being actively involved in
making grants to support art and education in the Chawanakee
Unified School District.
George and Evelyn Ducoff Endowment Fund
funds
FresnoMaderaKingsTulareMercedMariposa
FresnoMaderaKingsTulareMercedMariposa
In 2007, the Fresno Regional Foundationgranted nearly $4 million dollars toorganizations working in our six counties of the Central Valley.
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grante
es
GRANTS AWARDED BYPROGRAM AREA:
ARTS AND CULTUREAlta Historical SocietyArmenian Heritage MuseumAvenal Historical SocietyFresno Art MuseumFresno Choral ArtistsFresno Community ChorusFresno International Grand OperaFresno Metropolitan MuseumFresno PhilharmonicFresno Piano ScholarshipsJudah First Church Drumming ProgramJunior Company FoundationMusic Performance Foundation of Central CASierra Chamber OperaSymphony LeagueThe Ruth & Sherman Lee Institute for Japanese
CultureValley Public Television, Inc.Howard K. Watkins Photographic Archive FundWoodward Shakespeare Festival of Central CA
EDUCATIONALAlpha Xi Delta FoundationAmerican Indian College FundCalifornia Foundation for Agriculture in the
ClassroomCarolina FirstCARTCenter for Multicultural CooperationCentral East High SchoolCentral Valley Educational Leadership InstituteCor Jesu AcademyCORAL
Cottons Journey Education ProgramCraig School of BusinessCSUF FoundationCSUF Foundation-President’s FundCSUF-Lyles Center for Innovation and
EntrepreneurshipEdison High SchoolEncourage TomorrowFirst 5 Madera CountyFocus ForwardFoundation For Economic EducationFresno Christian SchoolsFresno Historical SocietyHollis G. Best Scholarship FundHoover Institution at Stanford UniversityKIPP Academy FresnoLatino Center FundLivestock Memorial Research Fund c/o California
Cattlemen’s AssociationLowell Neighborhood Resource CenterMount Holyoke CollegeNMA ScholarshipOne by One Leadership, Inc.Palm Springs Historical SocietyPop Laval FoundationPurdue FoundationRead FresnoReedley Historical SocietyStanford UniversityState Center Community College FoundationSunnyside High SchoolUC Davis Foundation-Davis Chancellor’s ClubUC Merced - Financial Aid & ScholarshipsValley Arts & Science AcademyValley Public Television, Inc.Viking ElementaryWestminster Christian Preschool
ENVIRONMENTAL AND RECREATIONAnimal Rescue of FresnoAyso Region 665
Bulldog FoundationCity of Fresno, Parks and Recreation Dept.College Golf FellowshipEdison Babe Ruth Baseball AssociationFresno Chaffee ZooFresno Police Activities LeagueFresno Zoological SocietyHigh Desert Youth Soccer LeagueHoover High SchoolJunior Golf Association of Northern CaliforniaPacific Service Employees AssociationSan Joaquin River Parkway TrustShinzen Friendship Garden, Inc.Sierra Foothill ConservancySpring Valley Lake Little LeagueTree Fresno
HEALTH AND WELLNESSAll About CareAlzheimer's AssociationAmerican Cancer Society FresnoARC FresnoAssistance League of FresnoBreast Cancer Resource CenterCamp Sunshine DreamsCancer Care AssociatesCenter for Independent Living FresnoChildren’s Hospital of Central California
FoundationComprehensive Youth Services, Inc.Diabetic Youth FoundationDoctors Without Borders USAEaster Seals Central CaliforniaEnloe FoundationExceptional Parents UnlimitedFresno Survivors of Suicide LossGreater Fresno Parkinson’s Support GroupHanford High SchoolHealthy Smiles Mobile Dental FoundationHinds HospiceHorses of Mercy Village Inc.
nearlynearly$4 MILLION$4 MILLION
for Central Valleyfor Central ValleyIn 2007, the Fresno Regional Foundationgranted nearly $4 million dollars toorganizations working in our six counties of the Central Valley.
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grantees
Lindsay Healthy Start Family Resource CenterMental Health America of the Central ValleyMuscular Dystrophy AssociationNational Prostate Cancer CoalitionPathways: A Foundation for UCP of CCPresbyterian Ear InstituteSaint Agnes FoundationSisterhood of Survivors FundTeam Continuum Inc.The Epilepsy FoundationThe Smile TrainUCSF Medical Education ProgramUnited Cerebral Palsy of Central CaliforniaValley Visions Fund
YOUTH DEVELOPMENTBig Brothers Big Sisters of Fresno, Kings and
Madera CountiesBoy Scouts of AmericaBoys & Girls Club of Tulare CountyBoys & Girls Clubs of Fresno CountyBoys 2 Men-Girls 2 Women FoundationBreak the Barriers FundBullard High SchoolDare to Dream MalagaEOC Sanctuary Youth ProjectGirl Scouts Golden Valley Council
Hispanic Employees Association of PG&E FundHope for the HolidaysHope Now for YouthHume Lake Christian CampsMadera South High SchoolMcLane High School Triathlon TeamMerced Chapter California Youth ConnectionNew Life for GirlsNew Life Urban StrategiesPlanned Parenthood Mar MonteSequoia Council Boy Scouts of AmericaSlater Soaring EagleSunnyside High SchoolUnited Way of Fresno CountyUS Fund for UNICEFValley Teen RanchYouth Leadership InstituteZimmerman Boys & Girls Club
HUMAN SERVICES SUPPORTAngel TreeCASA of Fresno and Madera CountiesCentral California Nikkei FoundationEconomic Opportunities CommissionFresno Business Council FundFresno Pacific University FoundationHabitat for Humanity
Lane Family Funeral HomeLatino Center FundMadera Rescue MissionRamona Children’s CharityRotary Club of FresnoSalvation ArmySamaritan WomenStone Soup FresnoThe Fresno Police Chief’s FoundationUnited Way of Fresno CountyVictim Offender Reconciliation Program of
Central Valley, Inc.Volunteer Center of Fresno CountyWoodlake Public SchoolsWorld Vision International
HUMAN SERVICES – IMMEDIATE NEEDSAmerican Red Cross Fresno-MaderaCatholic CharitiesCity of Fresno, Parks and Recreation Dept.Community Food BankCraycroft Center For The ChildrenEconomic Opportunities CommissionEvangel Home, Inc.Fresno Madera Continuum of CareFresno Rescue Mission, Inc.Girl Scouts of America, Troop 157, HanfordMadera Rescue MissionMarjaree Mason Center, Inc.Poverello HouseProgressive Group HomesTrauma Intervention ProgramUnion Rescue MissionValley Missions, Inc.Visalia Rescue Mission
COMMUNITY SUPPORT ANDDEVELOPMENTAccuracy In MediaAlliance Defense FundAmerican Center for Law & JusticeCelebrate WellbeingCentral Valley YMCAChinatown Revitalization, Inc.Coalition for Urban Renewal Excellence (CURE)CSUF FoundationEagle ForumEast Bay Community FoundationEdwin J. Gregson FoundationEvangelicals for Social ActionFoundation WestFresno Business Council FundFresno Leading Young ProfessionalsGABY - Grants Advisory Board for YouthGreat Valley CenterGreater Fresno Area Chamber of Commerce
The Sunnyside High School Photography Program applied to FresnoRegional Foundation during the 2007 competitive grant cycle and wasawarded $5,000 for new photo equipment and field trip expenses.This school program inspires at-risk students to attend school everyday and envision themselves going on to a higher education.
Sunnyside High School Photography
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grante
esHeritage FoundationInterfaith Youth AllianceIRO SoararsisLeadership InstituteNational Right to Work Legal FoundationOne by One Leadership, Inc.Pacific Legal FoundationParents Television CouncilSan Francisco FoundationSan Joaquin Valley Town Hall Inc.State Center Community College FoundationThe Maddy InstituteTor House FoundationUnited Way of Fresno CountyValley Public Radio KVPR FM 89Valley Public Television, Inc.Visalia Rotary Community Foundation
FAITH SPECIFIC SUPPORTAmerican Family AssociationBilly Graham Evangelistic Association
CRISIS RESPONSE FUNDCatholic Charities response to 2007 Freeze Crisis $25,000 Economic Opportunities Commission-
assistance to local farmers $20,000Total Crisis Response Funding $45,000
ARTS TO ZOO FUNDINGFresno Coalition for Arts, Science & History (KVPT) $50,000 Central Valley Educational Leadership Institute $10,000 Pop Laval Foundation $10,000Lowell Neighborhood Resource Center $9,000Chinatown Revitalization, Inc. $5,000Fresno Philharmonic $5,000Sunnyside High School $5,000Animal Rescue of Fresno $3,500San Joaquin Valley Town Hall Inc. $2,500Total Arts to Zoo Funding $100,000
GRANT ADVISORY BOARD FOR YOUTH FUNDINGBullard High School $1,000Bullard High School Earth Club $680Central East High School $1,300Dare to Dream Malaga $150Girl Scouts of America, Troop 157, Hanford $988
Love Worth Finding MinistriesMission Aviation FellowshipMount Hermon AssociationNew Harvest ChurchOur Savior Catholic CenterParents Television CouncilPeoples Church of FresnoRace Track Chaplaincy of AmericaReason to BelieveShining Light MinistriesSonrise Christian FellowshipSt. Columba’s Episcopal ChurchSt. Helen’s Catholic ChurchSt. James Episcopal CathedralSt. Lucy ParishTemple Beth IsraelThe Salvation Army, Sierra del MarThe Well Community ChurchWycliffe Bible TranslatorsYouth For Christ
Camp San Joaquin Action CommissionCampus Crusade for Christ InternationalCatholic CharitiesCatholic Foundation of Santa Clara CountyChampions for LifeChristian BeretsChristian Broadcasting Network, Inc.Concerned Women of AmericaCrystal Cathedral Hour of PowerEvangelical Free Church of FresnoEvery Nation Campus MinistriesFamily Leadership ConnectionFirst Presbyterian ChurchFocus on the FamilyFriends of Kiev Christian AcademyGrace Ministries InternationalHorn of Africa MissionInterVarsity Christian FellowshipJewish FederationLink Care Counseling Foundation
Hanford High School $1,800Interfaith Youth Alliance $1,200Judah First Church $2,000Madera South High School $2,000Merced Chapter California Youth Connection $2,000Slater Soaring Eagle $500Sunnyside High School $1,500Youth Leadership Institute $1,168Zimmerman Boys & Girls Club $400Total Gaby Advisory Board Funding $16,686
YOUTH ADVANCEMENT FUNDINGBig Brothers Big Sisters of Fresno, Kings and Madera Counties $30,000Boys & Girls Club of Tulare County $30,000CASA of Fresno and Madera Counties $23,000Comprehensive Youth Services, Inc. $30,000Edison High School $15,192Encourage Tomorrow $30,000New Life Urban Strategies $15,000Total Youth Advancement Funding $173,192
FUND FOR THE COMMON GOODCity of Fresno, Parks and Recreation Warming Centers $5,000Community Food Bank Food for Holiday Meals $10,000Total Funding for the Common Good $15,000
In 2007, the Fresno Regional Foundation offered competitive and discretionary grants cycles for our Arts to Zoo and
Youth funding. The following organizations wereawarded for a combined total of $349,878:
GRANTS AWARDED BY PROGRAM AREA (continued)
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Bob Mathias lived anextraordinary and fulfillinglife that has inspired manyto persevere against greatodds. In 1948, at theyoung age of 17, Mathiasmade a name for himselfwinning the Olympicdecathlon gold medal inLondon, England. In 1952,
at the Olympics in Helsinki, Finland, he repeated his victoryand set an Olympic and world record.Among many other great achievements Mathias servedfour years in the U.S. House of Representatives, wasawarded the Theodore Roosevelt Award, graduated fromStanford with a B.A. in Education, and starred in fourmajor motion pictures.Mathias grew up in the Central Valley and is a graduate ofTulare High School.On September 2, 2006, Bob Mathias passed away in hishome in Fresno, CA.In memory of Bob Mathias, his family and friends haveestablished the Bob Mathias Scholarship Fund at theFresno Regional Foundation.
SCHOLARSHIP RECIPIENTS 2007
Bob Mathais Tulare Union High School MemorialScholarship FundCollege Bound Tulare High Students
Ms. Larissa Maichrowiez California State University, FresnoTulare, CA, Tulare High School
Mr. Miguel A. Ochoa Cal PolyTulare, CA, Tulare High School
investing in the FUTUREinvesting in the FUTURE
BOB MATHIAS
scholarships
Beatrice Denke Woodward Scholarship FundAttending Students of San Joaquin Memorial
Mr. Jared Linney San Joaquin Memorial High SchoolFresno, CA, San Joaquin Memorial High School
Booth Family Scholarship FundCollege Bound Children of Booth Employees
Ms. Laura Adams Fresno Pacific UniversityVisalia, CA
Ms. Kristen Bernal Reedley CollegeOrange Cove, CA
Ms. Amy Jewell California State University, FresnoFresno, CA
Ms. Christina Landeros Reedley CollegeOrange Cove, CA
Mr. Edgar Rodriguez Reedley CollegeReedley, CA
Ms. Maria Rodriguez Reedley CollegeOrange Cove, CA
Ms. Blanca Rosas California State University, FresnoOrange Cove, CA
Ms. Juana Rosas Reedley CollegeOrange Cove, CA
2007 Bob Mathias Scholarship RecipientMiguel Ochoa
The Bob Mathias Scholarship has helped me and my familytremendously. It helps me payfor my tuition, which allows meto focus more on my studies. Myfamily and I are truly grateful forthe Bob Mathias Scholarship; ithas brought me closer to achiev-ing my academic aspirations.
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Justice Pauline Davis Hanson Memorial Scholarship FundLaw Students
Ms. Megan Knize University of California, Davis School of LawDavis, CA
Lee and Shelley Ayres FundPiano Students in the Fresno Area
Ms. Monet Timmons, Fresno, CA
Ms. Melea Murdock, Fresno, CA
Ms. Jocelyn Sihathep, Clovis, CA
Ms. Jessica McDuffee, Fresno, CA
Mr. Colton McDuffee, Fresno, CA
Mr. Jesse Cruz, Fresno, CA
Ms. Mariah Rae Galvan, Sanger, CA
Ms. Jordan Maxfield, Kingsburg, CA
Mr. Tyler Golding, Fresno, CA
Ms. Madison Lopez, Sanger, CA
Masao and Hana Kimura Memorial Scholarship FundEdison High Minority Students
Ms. Latayvius Alberty University of California, IrvineFresno, CA, Edison High School
Milli Rollin Memorial Scholarship FundGraduating Riverdale High Student
Mr. Mitchel Cabrera California State University, FresnoRiverdale, CA, Riverdale High School
Sorenson Family Scholarship FundCollege Bound Student
Ms. Ruby Idmilao University of California, DavisDos Palos, CA
Walco International, Inc. Scholarship FundCollege Bound Children of Walco International, Inc Employees
Ms. Megan Lewis Vernon CollegeItaly, TX
schola
rships
Clarence & June Irwin Scholarship for Riverdale High SchoolGraduating Riverdale High Students
Mr. Ashton Claborn Azusa Pacific UniversityRiverdale, CA, Riverdale High School
Clark Jones Scholarship Fund for the Sunnyside Doctors AcademyUniversity Bound Pre-Med Students
Ms. Erica Cuevas University of California, Santa BarbaraFresno, CA, Sunnyside High School
Ms. Lily Nunez University of California, Los AngelesFresno, CA, Sunnyside High School
Donald W. Ketscher Agricultural MemorialScholarship FundGraduating Reedley High Students Majoring in Agricultural Science
Ms. Jessica Mohler Reedley CollegeOrange Cove, CA, Reedley High School
Frank C. Gonder Memorial Scholarship FundGraduating Fresno High Students
Mr. Nathan Slater University of California, DavisFresno, CA, Fresno High School
Ms. Miriam DeLosSantos California State University, FresnoFresno, CA, Fresno High School
Fresno County Lawyers Scholarship FundFresno County Resident Law Students
Ms. Pamela Vartabedian University of California, Santa Clara School of LawSanta Clara, CA
Genevieve Greelis Scholarship FundKappa Alpha Theta Members at CSU Fresno
Ms. Elizabeth Mitchell California State University, FresnoFresno, CA, CSU Fresno
Harnish Five Points, Inc Students AwardsGraduating Riverdale High Students
Ms. Nancy Moreno University of California, Santa BarbaraFive Points, CA, Riverdale High School
Hollis G. Best Scholarship FundSecond Year Valley Law Students
Ms. Dara Purvis Yale Law SchoolFresno, CA
Your vision, caring and generosity bring thepromise of a healthy FUTURE to the community.
to the nearly 700 DONORSwho contributed to our community.
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INDIVIDUAL DONORSMark AdanalianSusan AndersonLee and Shelley AyresRosemary BaltchaDaniel and Sharon BaradatPeter and Juanita BennettLoren BoothRobert BoroJohn and Diana BrelsfordDon and Ruth BrickerBruce BronzanRichard CagliaMarx CazenaveHilary ChittickDan and Kathleen DeSantisEvelyn DucoffRonald and Patricia EadieDavid EdwardsBabs EskinGene and Myrna EstesClayton FryeJim and Judy GanulinGail and Everett GastonJames GordonPhyllis GravesWanda GraysonSharon HallNeel and Eleanor HallJames and Coke HallowellJohn and Carole HarrisGerald and Janice HeidtFausto and Maria HinojosaLarry and Marjie HodgesEleanor HoltDale and Deborah IkedaDouglas Jensen
David and Carolyn JohnsonRobert KolbertAnnette LaRueLee LockhartWil and Tami LylesJerry V. LylesGerald V. & Nanette LylesBill and Anne LylesAnn Lyles-MacPhailAugust MadrigalDavid and Marcy MasumotoDonna MauDonald McCarthyJames McClatchy, EstateDiane MilutinovichPaul MolakidesEdward and Tamsen Munger
Joel MurilloDebbie Nalchajian-CohenLucia NoiaTerry and Cheryl OgleRobert and Stephanie OliverWarren and Lisa PaboojianLinda and Don PennerPatricia PickfordElizabeth Jane PorterThomas and Lee PorterClay and Nancy PressleyKrish RajaniPaul and Elizabeth ReadMarlene and John ReedThomas and Louise RichardsonChiara RiggsJill Robinson
THANK YOUTHANK YOUto the nearly 700 DONORS
who contributed to our community.
Your vision, caring and generosity bring thepromise of a healthy FUTURE to the community.
We gratefully acknowledge the almost 700 individuals, organizations, foundations and
corporations who supported our work for the people in the Central San Joaquin Valley.
Due to space limitations, the following list consists of our major donors for fiscal year 2007.
At the Fresno Regional Foundation, we arecommitted to respecting the privacy and con-fidentiality of our donors. In 2007, AnonymousDonors made up our second largest gifts.Pictured here are volunteers serving a Thanks-giving meal at the Fresno Rescue Mission. InJuly 2007, they received an anonymous donationof $2,500. The Fresno Rescue Mission is anonprofit charitable organization and thisunrestricted gift helped support their work ofbeing able to continue helping the homelessand at-risk individuals in our community.
Anonymous Donors Also Support the Community
donors
Douglas and Marcia RogersMorton and Donna RosensteinHoward and Matilda RubinJanice SaccheriSalvatore and Denise SciandraEarl SmittcampGerald and Geri TahajianJack TaylorJoseph TownsendHoward and Christine WatkinsRonald and Susan WilsonAlba WitkinJim and Judy WoodwardJack and Bernice WoolfPhyllis and Robert WrightRichard and Kathleen Zacky
donors
Adeline Ritchie Charitable TrustAstraZeneca LPBaker, Manock & JensenBennett Frost Personnel Services, Inc.Bertha and John Garabedian
FoundationBillings I. & R. Foundation, Inc.California Community FoundationCalifornia Supreme Court Historical
SocietyCancer Care AssociatesCentocor, Inc.Central California Women’s
ConferenceCentral Valley Community BankChukchansi Gold Resort & CasinoCircle of FriendsCitigroupCity of FresnoClark College FoundationCommunity Foundation Sonoma
CountyCommunity Medical CentersComprehensive Youth Services, Inc.Cornwell & Sample Attorneys At Law
County of FresnoCSUF FoundationCzarnowski Display Service, Inc.DacorDelta and Pine Land CompanyDowling Aaron & KeelerEast Bay Community FoundationEconomic Development Corp of
Fresno CountyEncourage TomorrowErnest S. Kinney Attorney At LawForest Pharmaceuticals, Inc.Fresno County Bar AssociationFresno County Federal Credit UnionFresno County Office of EducationFresno County SupervisorFresno County Women LawyersFresno Sunrise RotaryFriends of Phil LarsonFriends of The Fresno County
Public LibraryGenesis Family CenterGranville Homes Inc.Greater Fresno Parkinson’s
Support Group
Guarantee Financial Real EstateGuarantee Home Loans Agents
and EmployeesGuarantee Real Estate Agents
and EmployeesJames Irvine FoundationJelly Belly Candy CompanyJudith Leslie Soley, Inc.Kaiser Permanente Foundation
Health Plan, Inc.Kaweah Delta Health Care DistrictKimble, MacMichael & UptonLaw Office of Richard P. BermanLaw Offices of Wagner and JonesLyles FoundationMcCormick, Barstow, Sheppard,
Wayte & CarruthMental Health Systems, Inc.Monsanto CompanyMorgan Family FoundationNovartis Pharmaceuticals
CorporationNuttall & ColemanOrganon USA, Inc.Ortho-McNeil Neurologics, Inc.
Pacific Gas and Electric CompanyPfizer Inc.Pinnacle Business Systems, Inc.Realty Concepts, Ltd.S. H. Cowell FoundationSagaser, Jones & HahesySaint Agnes Medical CenterSan Joaquin Valley Officials
AssociationSan Joaquin Valley Rehab HospitalSchwab Charitable FundSEIU United Healthcare Workers-
WestStanford Medical Billing ServicesState Center Community College
DistrictThe Payroll PeopleThe Penstar GroupTorosian & Walter LLPWagner & WagnerWal-Mart FoundationWells Fargo FoundationWilkins Family TrustWyeth Pharmaceutical
14
An advocate for leadership and a friend
of the Fresno Regional Foundation, David
Mas Masumoto is seen here making a gift
to open a field of interest fund designed
to support community education and
leadership training. This fund, established
in September 2007, is one example of
the many ways in which FRF responds to
both the passions of our donors and the
needs of our community.
David Mas Masumoto – A Passion for Leadership and Education
CORPORATE DONORS
partnersTHE JAMES IRVINE FOUNDATION
The James Irvine Foundation, a private foundation with assets of $1.8 billion,
has been a longtime partner for the Fresno Regional Foundation, most
recently investing more than $1 million to strengthen the community founda-
tion to serve the San Joaquin Valley region more effectively.
The Fresno Regional Foundation is one of nine small community foundations
across the state which received substantial Irvine grants to support their
operations and growth as part of Irvine’s Community Foundations Initiative II.
The Fresno Regional
Foundation received a
nearly $600,000 grant in
2005, and was awarded
another three-year
$600,000 grant in June
2008 as part of the second
phase of the initiative.
With Irvine support for core
operations, capacity building
and regranting, the Fresno
Regional Foundation has
focused on growing its assets,
enhancing its visibility and
reputation in the community,
and building a high-quality
grantmaking program.
Some of the results:
■ Assets have more than doubled in the last three years
■ The community foundation has grown at an annual rate of 37% (compared to 14% for similar US community foundations)
■ Grants awarded to local organizations have increased 4% to $4.1 million in 2007
■ Nearly 90% of grants were awarded to organizations in the San Joaquin Valley
FORpartnersPROGRESS
partners FORPROGRESS
15
THE WILLIAM AND FLORA HEWLETTFOUNDATION
The William and Flora Hewlett Foundation, a private
foundation with assets of $8.9 billion, awarded a grant
to the Fresno Regional Foundation in 2007 of $1.4
million over three years to tackle two pressing issues in
the Central San Joaquin Valley; teen pregnancy and
air quality. The grant will also support organizational
development of Fresno Regional Foundation. Over
three years, the Fresno Regional Foundation will
disperse the bulk of this grant to local non-profit
organizations committed to reducing teen pregnancy
and improving air quality throughout the central San
Joaquin Valley’s urban and rural communities. These
funds will be awarded to local agencies through a
competitive application process which was publicized in
early 2008.
As part of the Hewlett Foundation’scommitment to serving disad-
vantaged communities in the SanFrancisco Bay Area and the CentralValley, we are pleased to supportFresno Regional Foundation. We lookforward to working with our colleaguesin Fresno to have a positive impacton the region,” said Paul Brest,President of the Hewlett Foundation.
We have been pleasedto support the
“rebirth” of the FresnoRegional Foundation,”said Anne Vally, SpecialInitiatives Officer at theIrvine Foundation. “Thecommunity foundation hasdemonstrated a remarkablecommitment and ability tobuild new resources for the San Joaquin Valley.”
”
”
16
finan
cial
ASSETS2007 2006 2005
Cash and Equivalents $ 4,918,759 $ 2,015,099 $ 3,393,320Certificates of Deposit 299,970 499,588 799,111Investment Securities 18,153,496 14,325,680 12,057,380Accounts Receivable 2,747,374 1,239,955 369,788Prepaid Expenses 18,597 16,634 25,277Interest in Net Assets of Support 15,048,496 8,004,676 5,983,727Property & Equipment Net 38,350 50,567 5,053Real Estate Owned 3,940,816 156,816 156,816
TOTAL ASSETS $45,165,858 $26,309,015 $22,790,472
LIABILITIES AND NET ASSETS
LIABILITIES
Accounts Payable $ 2,989 $ 26,472 $ 23,236Other Accrued Liabilities 18,131 17,518 4,740Grants Payable 7,500 139,000 138,291Agency and Trust Funds 642,124 482,311 2,707,113
TOTAL LIABILITIES 670,744 665,301 2,873,380
NET ASSETS
Unrestricted 20,124,569 10,729,685 9,994,770Temporarily Restricted 19,617,817 12,414,931 7,406,723Permanently Restricted 4,752,728 2,499,098 2,515,599
TOTAL NET ASSETS 44,495,114 25,643,714 19,917,092
TOTAL LIABILITIES AND NET ASSETS $45,165,859 $26,309,015 $22,790,472
2007 2006 2005
REVENUES AND SUPPORT
Gifts and Contributions $ 21,430,987 $ 7,189,547 $ 5,579,522Interest and Dividends 995,081 820,573 372,162Administrative Assessments 354,341 342,575 293,524Investment Activities (659,705) 239,040 150,283Grant Income 2,040,000 10,000 447,500Other Income ------------- 1,177 31,989
TOTAL REVENUE AND SUPPORT $ 24,160,704 $ 8,602,912 $ 6,874,980
COSTS AND EXPENSES
Grants $ 4,302,004 $ 4,127,842 $ 3,053,971Program Services 698,083 606,406 476,833General and Administrative 145,220 163,701 202,524Fundraising 163,997 239,027 77,505
TOTAL COSTS AND EXPENSES $ 5,309,304 $ 5,136,976 $ 3,810,833
INCREASE IN NET ASSETS $18,851,400 $ 3,465,936 $ 3,064,147
NET ASSETS, BEGINNING OF YEAR** $25,643,714 $19,917,092 $16,852,945
NET ASSETS, END OF YEAR $44,495,114 $23,383,028 $19,917,092
STATEMENT OF ACTIVITIES
F R E S N O R E G I O N A L F O U N D A T I O NFRESNO REGIONAL FOUNDATIONFRESNO REGIONAL FOUNDATIONA California Non-Profit CorporationA California Non-Profit Corporation
STATEMENT OF FINANCIAL POSITION
** Net Assets as of 12/31/06 have been restated in the 2007 financial statements to include $2,260,686 of an Agency and Trust fund reclassified as aField of Interest fund. For complete audited financial statements please visit our Web site at: www.fresnoregfoundation.org. Tax ID# 77-0478025
Allstars for PhilanthropyFRESNO REGIONAL FOUNDATION FRESNO REGIONAL FOUNDATION
Allstars for PhilanthropyEnergy and Commitment Flow in ourEnergy and Commitment Flow in our
5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG
F R E S N O R E G I O N A L F O U N D A T I O N
5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG 2 0 0 7 A N N U A L R E P O R T2 0 0 7 A N N U A L R E P O R T