Ohio Elks Charitable Trust
Greater Cleveland Nurses Association Of The Ohio Nurses Ass
Veterans Of Foreign Wars Of The United States Department Of Ohio
Wesleyan Senior Living Foundation
First Community Interfaith Institute Of Ohio
We Connect People who Care with Causes that Matter we do this by: - turning donors' charitable dreams into permanent legacies - investing in our community through strategic grantmaking - leading our community to a better future.We believe integrity is our greatest assets and we value earned trust.We believe access to the CFLC should be fair, inclusive and equitable.We believe in purposeful collaborative leadershiwe value strategy, creativity and adaptability
Impact Summary from the Nonprofit Our current economic recession has reduced the size of our assets and the capacity of our nonprofit sector while tragically increasing human need within our community. Hence, our Board of Directors and staff are diligently working to balance our responsibilities to protect our communityís endowment while maximizing the impact of our grantmaking dollars. Here is our strategy. Our Board maintains a very conservative operating budget and we continually look for additional efficiencies so that we may continue providing quality service to our donors, grantees and community. Our operating and grant reserve funds are being utilized to provide consistency in services. Our Investment Committee is managing our investment strategy in light of the current market trends to maintain a well diversified portfolio to protect our endowment. We continue to better our benchmarks. Our Board continued our 4.875% spending rate in 2011 based on a three year average market value. The spending rate is does not include administrative or investment costs. We anticipate that competition for grant dollars will continue and grant decisions will remain difficult. We continue to ask our grantees to be specific about their needs and realistic in their planning. Finally, the Community Foundation is actively encouraging continued smart giving. We understand the impact of this economy and want to provide the best possible giving vehicle for the many generous donors who continue to give back to our community. Crafting a planned gift may be a particularly attractive option when real-time giving is challenged. We encourage your questions and concerns as well as your continued contributions and planned gifts.
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