BY THE NUMBERS
(year-end figures unaudited as of 12/31/07)  

Grants authorized:
$14.2 million  

Grantmaking as a percentage of assets:
Average 14 percent over the past 5 years  

Number of grantmaking funds: 
336
  
Minimum fund size: 
$15,000 ($50,000 scholarship min.) 		 Average fund size: 
 $394,000  
Largest fund:
$26.5 million




Gifts to The Community Foundation:
$21.7 million  

Assets (total):
$162 million

Investment returns:
1-year: 5.76%
5-year: 10.02%
10-year: 6.28%

Operating expenses:
0.9% compared to total assets

Staffing:
16.35 FTEs (including The Women’s Fund)  

IRS E.I. Numbers:
63-1209631 (corporate form, combined reporting after 2004)
63-6019864 (trust form)  

IRS Form 990 is available at our office and by subscription on Guidestar.
Investment committee

Corbin Day, Chair
Miller Gorrie
John Johns
Thomas Lowder
Cameron Vowell

Independent Auditor
Warren Averett Kimbrough & Marino, LLC

Investment Consultant
Monroe Vos Consulting Group, Inc.

The power of endowment


A $3 million bequest from the estate of Margaret Cameron Spain in 1972 is worth $27.1 million today. In just 35 years, the grantmaking fund established with that unrestricted gift gave away $26.8 million to local nonprofit organizations. Those grants will continue to transform this community forever, while the Community Fund established to honor the Spain family keeps on growing and giving in perpetuity.

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By the numbers