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Donor-Advisor Bulletin
January 2011- Vol 2, Issue 1
 
In This Issue
New Year's Resolutions
Philanthropy News Ticker

New Year's Resolutions

two hands with puzzle piecesJanuary is the time of year that we set personal goals for ourselves and align our yearly plans for making our aspirations come to fruition. Common New Year's resolutions focus on our personal heath, spending time with friends and family, and learning new things.

 

This year, we challenge you to add a resolution that focuses on your philanthropic goals. By opening a donor-advised fund you have enabled yourself to make community grants, so why not get the maximum use of your Community Foundation's service? The Foundation sees donor advisors at a variety of philanthropic levels. Many of you are fully engaged philanthropists and know just what causes or organizations you want your charitable dollars to benefit. Some donor advisors know they want to make a difference but still need guidance on how to get there. There are others who have ideas on where they would like to make an impact, but need assistance deciding which organization is their optimal partner to achieve it.

 

We are here to serve all levels of donor advisors and all of your philanthropic interests. To that end, we will be continuing the Learning Series by offering you more educational opportunities in 2011, and look forward to guiding you toward your goals. You will also be hearing from us about scheduling meetings to discuss your personal philanthropic goals and how to attain them.

 

In the meantime, here are a few grant ideas that have recently come across our desks:

 

DonorsChoose is a micro-granting website that allows donors to Student working in the librarybrowse local classroom teachers' needs. A donor may then choose to fund any monetary portion of the request, but as a donor-advised fund we remind you that our grant minimum is $200.

 

For those who attended November's panel discussion, you will be pleased to know that John Bosco House  is close to opening their doors and is interviewing young men for their housing program. With all the recent snow, they have identified that a snowblower is a need, as well as general operating support to defray housing costs.

 

Peacemaker Program offers inclusive, innovative approaches to resolve conflict and achieve positive outcomes for children, families and the community. Their Court Appointed Special Advocates (CASA) program provides advocacy for children who have been abused or neglected.

 

Sculpture Space selects twenty artists each year for two-month residencies to live and work in Utica. The Artist-in-Residency program is looking for fellowship donations in the range of $1,000- $2,000 to support artist stipends.

 

The Women's Fund of Herkimer & Oneida Counties makes grants to local nonprofits to create opportunities for economic, educational and personal growth for women of all ages. A specific program of The Women's Fund is Annie's Fund, which offers small monetary intervention to women in a temporary, but immediate crisis. The goal of Annie's Fund is to assist women striving to overcome obstacles and transform their lives.

 

Please contact Lara Sepanski at lsepanski@foundationhoc.org or 315-735-8212 for more information on any of the above grant opportunities, or to discuss your donor-advised fund giving strategy.

Philanthropy News Ticker

Donor-Advised Fund Grants Update- Congratulations on having a record year benefitting the community through your grant recommendations! In 2010 donor-advised funds granted 143% more money to nonprofits compared to 2009 by granting $856,943 through 249 grants to 135 community organizations. Your grantmaking accounted for 61% of all Community Foundation grants made last year.

 

Herkimer & Oneida Counties Following National Trends- Nationally donor-advised funds are granting out more money than is being contributed, and your community foundation has seen the same trend. Total contributions to donor-advised funds at The Community Foundation in 2010 were $430,879 while grantmaking from donor-advised funds topped $856,943. The 2010 Donor-Advised Fund Report by the National Philanthropic Trust predicts that donor-advised funds are "poised for near-term growth." Look out, 2011!

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Donor-Advised Fund Grant Forms-

Remember that you can access forms, events and resources on the donor-advised section of The Community Foundation's website. You also have the option of contacting Lara Sepanski at lsepanski@foundationhoc.org or 315-735-8212.
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