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Donor-Advisor Bulletin
August 2011- Vol 2, Issue 4
 
In This Issue
News from the Program Department
Donovan Fund Continues Legacy
Philanthropy News Ticker


News from the Program Department

Over the past two years, donor-advisors have gotten to know Program Associate Lara Sepanski as she assisted them with reaching their philanthropic goals. Earlier this month, Lara matriculated as a full-time student in The Maxwell School of Syracuse University's Masters in Public Administration program, which is among the best in the nation.

 

The Maxwell School specializes in understanding political, economic and social context of Public Administration, organization techniques and applying qualitative and quantitative analysis to public policy issues.

 

Lara has also been chosen as one of two students to receive the John Ben Snow and Vernon Snow fellowship for her time there. As a Snow Fellow in Nonprofit Management, she will spend time working with the Central New York Community Foundation. She has done a notable job refining donor-advised communications, organizing the strategic plan and with her involvement in the Community Leadership and Strategic Initiative Committee. We are sincerely thankful for her time that she has spent with us and wish her well in the future.

 

Lara Sepanski and Marie Piayai

Lara Sepanski and Marie Piayai

 

In August, another face familiar to The Foundation, Marie Piayai, will step into the Program Associate role. Marie was The Community Foundation's Summer Fellow for Evaluation and Research in 2008. Upon her graduation from Hamilton College in 2009, Marie spent a year in Thailand as a Fulbright Scholar.

 

Director of Philanthropy Corinne Ribble commented, "Lara was instrumental in developing this position, and has laid solid groundwork for it to continue to evolve. Marie will certainly be another asset to The Foundation's work with our family of donor advisors and I welcome her to the team."

Senator James H. Donovan Fund Continues Legacy
 
Jerome Donovan with Donovan the Cub
Jerome Donovan holds "Donovan" the cub.
  
  
A little over two decades ago, the late Senator James H. Donovan secured funding for the Utica Zoo to build its Big Cat Exhibit. Earlier this year, the fund created in his memory helped improve that very habitat.
  
The $5,000 gift from the Senator James H. Donovan Memorial Fund will help the zoo revise the cats' habitat to accommodate its three newest residents, adult African Lions Monni (female) and Bakari (male) and their cub, named Donovan in honor of the senator.
  
Jerome Donovan, the senator's son and donor-advisor to the fund, recalled, "On a cold Saturday morning in February, my wife and I were given the opportunity to visit the zoo under the cover of secrecy to meet Monni and Bakari. At the time - with the exception of zoo staff and board - no one knew of the zoo's newest inhabitants. During our visit, we learned that the exhibit would need improvements to accommodate the lions and ensure the safety of patrons. Given Senator Donovan's long association with the zoo and interest in the conservation of endangered wildlife we made a commitment that we would underwrite the cost of improvements to Big Cat Exhibit."

 

Commenting on the power of an endowed donor-advised fund, Donovan noted, "The Donovan Fund, established March 1991, was one of the first, if not the first fund, to be converted to a donor-advised funds at The Foundation under Gordon Hayes in October 1998. Its first grant was made in 1994.  Over the course of the past 17 years, 61 grants have been made totaling $73,600, not including scholarship grants to MVCC and HCCC, handled through the separate Donovan Scholarship Fund since March 2005. Frankly, I have lost count of the number and amounts of the scholarships, but from my last count a few years ago, more than $37,000 in scholarships have been awarded. This puts the combined grants - Memorial Fund & Scholarship Fund - over $110,000. Not too shabby when considering the relatively modest initial endowment of $73,000."

The partnership between the Donovan Fund and the Utica Zoo is just one example of how donor-advisors maintain their philanthropic legacies and support their dearest causes. If you would like to discuss current grant opportunities, please contact Program Associate Marie Piayai.

Philanthropy News Ticker

Foundation News on the Web -  Did you know that you can keep up to date with Community Foundation news on our website? For information for donor-advisors to listings of tribute gifts to the latest news, be sure to visit often.

 

Forms - Don't forget that you may download or print Donor-Advised Fund Grant Recommendation Forms from The Foundation's website.  Add it to your favorites to find it easily!

 

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