About Our Foundation

THCF Updates
from President & CEO

Here's What's on Phil's Mind

THCF Updates from President & CEO


Here's What's on Phil's Mind

Financial Highlights from 2016
Your Community Foundation was very productive in 2016. Total contributions to the foundation from generous donors like you totaled $5.7 Million up 14% and grants made from all funds to numerous charities totaled $3.3 Million, which is up 7% from 2015. We had 34 new funds established bringing the total to more than 600 funds. We also welcomed 14 new members to our Heartland Legacy Society bringing the total to 137 members. Total assets of your Community Foundation now stand at $38.2 Million.

It was also a solid year for investment returns. The total investment income from all funds was $2.3 Million. That means there is an additional $2.3 Million available for future grants. Investment returns for our combined investment pool had a total return of 7.2% for the year. Equities were up 9.7% and Fixed Income was up 2.5%. The average annual return over the last five years is 7.5%.

We are fortunate to have a very active donor community who are making numerous grants throughout the year to support their favorite charities. Our Donor Advised Funds continue to grow and these donors have been very active grant makers with total grants of $906k in 2016 up 15% from 2015. Our scholarship funds also continue to grow and total Scholarships from over 80 different scholarship funds totaled $234k, up 17%.

Look for our annual report which will be out in early March for more information on 2016. Thank you for all your support in 2016 and we look forward to another great year this year.

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