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THE ARTEMIS FUND Mike Schultz, Vice President, Development & Stewardship Shannon Kisselbaugh, Director of Stewardship.

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Presentation on theme: "THE ARTEMIS FUND Mike Schultz, Vice President, Development & Stewardship Shannon Kisselbaugh, Director of Stewardship."— Presentation transcript:

1 THE ARTEMIS FUND Mike Schultz, Vice President, Development & Stewardship Shannon Kisselbaugh, Director of Stewardship

2 COMMUNITY MATTERS Sources: the IRS & Giving USA Nearly million nonprofits in the US Over nonprofits in Kentucky Over nonprofits in Louisville

3 COMMUNITY MATTERS Sources: the IRS & Giving USA Nearly 1.3 million nonprofits in the US Over nonprofits in Kentucky Over nonprofits in Louisville

4 COMMUNITY MATTERS Sources: the IRS & Giving USA Nearly 1.3 million nonprofits in the US Over 9,000 nonprofits in Kentucky Over nonprofits in Louisville

5 COMMUNITY MATTERS Sources: the IRS & Giving USA Nearly 1.3 million nonprofits in the US Over 9,000 nonprofits in Kentucky Over 2,000 nonprofits in Louisville

6 GIVING MATTERS

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8 COMMUNITY FOUNDATION TIMELINE 1914 First community foundation established in Cleveland 1984 The Community Foundation of Louisville is established Today More than 700 community foundations in the United States

9 WHAT IS A COMMUNITY FOUNDATION? Community foundations are nonprofits that connect individuals, organizations and companies to causes that matter through philanthropy Collection of more than 1,100 charitable funds $330 million in assets (12/31/11) Granted over $500 million to nonprofits since 1984

10 Our Vision To be the leader, catalyst and resource that inspires philanthropy, in order to build more vibrant communities now and for generations to come. Our Vision To be the leader, catalyst and resource that inspires philanthropy, in order to build more vibrant communities now and for generations to come. Our Mission To strengthen our region through inspired philanthropy and outstanding stewardship by: Partnering with donors and others to ensure lasting impact Leveraging our knowledge of our communities Offering our constituents an unmatched level of personal engagement Our Mission To strengthen our region through inspired philanthropy and outstanding stewardship by: Partnering with donors and others to ensure lasting impact Leveraging our knowledge of our communities Offering our constituents an unmatched level of personal engagement

11 WHAT IS AN ENDOWMENT? Preservation of principal Long-term growth Portion available for charity each year

12 WHY ENDOWMENT? Economic downturns Uncertain government funding Increase in nonprofits World wide tragedies Facility maintenance Creating a legacy

13 COMMUNITY LEADERSHIP Respond to emerging community needs: – Tornado Relief Fund – 55,000 Degrees – Kentuckiana Boys and Girls Clubs Grant

14 CONNECT WITH CFL www.cflouisville.org Follow us! cflouisville @cflouisville cflouisville www.linkedin.com/company/community- foundation-of-louisville

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16 PHILANTHROPIC GOALS Create partnership with Community Foundation Hands-on experience in soliciting charitable dollars Establish grantmaking priorities Research opportunities and recommend charitable grants as a group Learn fiduciary responsibility

17 PARTNERSHIP “back office” support investment management advise Artemis Fund board receive and process any new gifts Course at KCD students learn about philanthropy, raise money and recommend grants direct relationship with donors and grant recipients manage application and selection process

18 ARTEMIS FUND SUMMARY Principal Received$138,589 Income & Appreciation$30,013 CFL Support Fees- $6,539 Grants- $48,903 Balance as of 12/31/2011$113,160 Grants Budget – March 2012$3,408.74

19 ACCOMPLISHMENTS Support from over 271 donors – individuals, foundations and corporate givers Grants totaling more than $48,000 to date 2005 Youth Philanthropist of the Year from the Greater Louisville Chapter of the Association of Fundraising Professionals 2004 Leading Edge award from the National Association of Independent Schools for Curriculum Innovation

20 THANK YOU!


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