1. 1The Venice Golf and Country Club Community FoundationFeb 24, 2016 “Giving Beyond Our Gates”

2. 2016 Annual Meeting Agenda  Welcome & Quorum Determination  Approval of 2015 Annual Meeting Minutes  Financial Model  Treasurer’s Report  Grants Report  Membership Report  Development Report  Communications Report  Possible Future Initiatives  Approval of Amended Bylaws  Election of Directors  Recognition  Questions & Answers  Adjournment 2 Feb 24, 2016The Venice Golf and Country Club Community Foundation

3. Financial Model Operating Expenses Grants Management Fees Capital Losses Checking Account Tax-Exempt Donor-Advised Funds at the Gulf Coast Community Foundation (General Fund) (Endowment Fund) (Grants Fund) Events Dues Gifts Dividends + Capital Gains IncomeAssetsExpenses Feb 24, 20163The Venice Golf and Country Club Community Foundation

4. Treasurer’s Report 2015 Investment Fund Activity Beginning Balance $226,492 Additions: Dues & Contributions 45,119 Fund-Raising 8,412 Interest & Dividends 3,707 Investment Gain/(Loss) (9,051) Disbursements: Grants (42,000) Administration Fees (1,110) Ending Investment Fund Balance $231,569 Increase (Decrease) for Period $ 5,077 1 Our investment balance increased by $5,077 in 2015 from dues, contributions, fundraising and interest income, net of a loss on investments of ($9,051). 2. 2015 Grants totaled $42,000. 3. Invested Funds were $231,569 at year end versus $226,492 in 2014. Feb 24, 20164The Venice Golf and Country Club Community Foundation

5. Treasurer’s Report 2015 Investment Fund Balances General Fund $ 128,211 Endowment Fund 103,284 Grant Fund 74 Total 2015 Fund Balance $ 231,569 1. To date transfers from the General Fund to the Endowment Fund total $100,000. 2. Our plan is to continue to award grants from the General Fund and, to that end, we moved $41,846 to the Grants Fund after the end of the year. 3. Over time, we plan to make additional transfers to the Endowment Fund. 4. We continue to review investment options offered by Gulf Coast and the returns that our funds are earning, and to balance returns and risks prudently. Feb 24, 20165The Venice Golf and Country Club Community Foundation

6. Treasurer’s Report 2015 Checking Account Activity Beginning Balance $ 3,749 Ending Balance 4,000 Increase (Decrease) for Period $ 251 Total Net Assets Beginning Balance $ 230,241 Ending Balance 235,569 Increase (Decrease) for Period $ 5,328 1. We also have a checking account from which we pay our ongoing expenses. 2. Fundraising proceeds are deposited to the checking account and prizes are paid from it, and excess funds are then transferred to the investment fund. 3. Including the checking account, the Foundation’s total assets at the end of the year were $235,569. Feb 24, 20166The Venice Golf and Country Club Community Foundation

7. Treasurer’s Report 2015 Expenses Annual Membership Drive (mailings & postage) $ 407 Grants Luncheon Expenses 384 Website 135 Stationary and Office Supplies 259 Total Expenses$ 1,185 Expenses for the year were $1,185, with the bulk of it going for the annual membership drive and expenses associated with the annual Grants Luncheon.

8. Grants Process August - Grant amounts determined September - Application form available October - Application deadline November - Application ratings due December - Committee selects finalists December/January - On-site evaluations January –Board approves grant recommendations March - Grants awarded at luncheon April – Follow-up visits begin April/May – Video interviews Feb 24, 20168The Venice Golf and Country Club Community Foundation

9. Grants 2015 Luncheon – 16 grants worth $40,500 2015 Fall Putting Contest – 3 grants worth $1500 (See Website for Recipients/Committee/Visit Partners) Looking Ahead 2016 Luncheon on March 16 (Reserve Your Table Now!) 15 grants worth $40,346 Fall Putting Contest – 3 grants worth $1500 September - Four New Grants Committee Members 9The Venice Golf and Country Club Community FoundationFeb 24, 2016

10. Membership The Venice Golf and Country Club Community Foundation10Feb 24, 2016 Looking Ahead Follow-up targeted contacts in late March All-time Record Membership in 2015 = 286

11. Development Total to Foundation = $16,332 2015 Dinner Dance Raffle Tickets Sales = $12,200 Wild Card Auction Bid = $2,200 Prizes Donated Back = $2,575 Total Income = $16,875 Prizes = ($5,625) Expenses = ($940) $10,410 Net Profit 2015 Fall Putting Contest 95 Entrants (New Record) $2,341 Net Profit (New Record) Looking Ahead Putting Contest Casino Night? Cookbook? 11The Venice Golf and Country Club Community FoundationFeb 24, 2016

12. Development 12The Venice Golf and Country Club Community FoundationFeb 24, 2016 BYOB BBQ Dinne0r includes Pulled Pork, Chicken and 2 sides Meals Served 4:30 – 5:30 Raffle @ 6:00 The Venice Golf & Country Club Master Association 140 Rich Street Gold Rush Rodeo Monday, April 18th, 4:30 – 7:00 p.m. Rain Date: April 25th $10 meal tickets and $1 raffle tickets Contact: Pat Miller Barbara Myers Phyllis North Pat Reuter 2014 Donation to Foundation was $3200

13. Communications 2015 Achievements Press/TV coverage (e.g., Grants Luncheon) Community Forum Participation Legend Articles Updated Bulletin Board Brochure Display Stand Website (www.vgccfoundation.org) (Now nearly 75,000 visits)www.vgccfoundation.org Grant Recipient Video Interviews New Slogan/Logo Looking Ahead Facebook page Foundation survey Newsletter (“Foundation Facts”?) 13The Venice Golf and Country Club Community FoundationFeb 24, 2016

14. Possible Future Initiatives Long-Range Planning Committee “Drive for 25” Legacy Giving Scholarships Past President 14The Venice Golf and Country Club Community FoundationFeb 24, 2016

15. Proposed Bylaws Amendment Annual Grant Amounts: Add that Special targeted events are not subject to annual grant constraints Recipients will be thoroughly vetted by the Board 15The Venice Golf and Country Club Community FoundationFeb 24, 2016

16. Election of Directors Nominees: Kurt Cowan Marc Fenton Edie Haack Sharon Williams 16The Venice Golf and Country Club Community FoundationFeb 24, 2016

17. Recognition 2015-2016 Grants Committee Linda Bradway (Chair) Sandy Werrell* (Secretary) Neil Levine* Betty Gibney* Jan Meagher* Sue Abbot Marilyn Oberstein Beverly Stautzenbach Michael Schowalter Bruce Guilmette Durinda Mattana Erika Meunz * Term expires this year 17The Venice Golf and Country Club Community FoundationFeb 24, 2016

18. Recognition Current Directors & Committee Chairs Gary Felfoldy* (President) Maureen Heakin (Vice President, Communications Chair) Peter Campisi* (Treasurer) Deb Sanders* (Secretary) Marti Campbell (Development Chair) Bill Schaffnit* (Legal & Bylaws Chair) John Peters (Membership Chair) Jim Baker (Master Association Board Representative) John Cohoon (Club Board Representative) Chris Madigan (Communications Co-Chair) * Leaving Board today 18The Venice Golf and Country Club Community FoundationFeb 24, 2016

19. Questions and Answers Do you have questions about: Operations Gulf Coast Finances Grants Membership Fundraising Communications Bylaws Long-Range Planning How You Can Help Other? 19The Venice Golf and Country Club Community FoundationFeb 24, 2016

20. Adjournment Thank you for: Attending/Participating Joining/Renewing/Donating Volunteering And most of all for: 20The Venice Golf and Country Club Community FoundationFeb 24, 2016 “Giving Beyond Our Gates”