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Community Foundation of the Eastern Shore, Inc.
Location
Area served
Soemrset County, Maryland, Wicomico County, Maryland, and Worcester County, Maryland
MethodDonations and Grants
Key people
James Almand
Chairman of the Board

Dr. J. Spicer Bell
President

EndowmentUS$59 million (Fiscal 2009)[1]
Websitewww.cfes.org

The Community Foundation of the Eastern Shore was established in 1984. Its mission is to "strenthen the community by building charitable funds, maximizing benefits to donors, making effective grants, and provide leadership to address community needs."[2]

Annually CFES awards more than $3.3 million in grants and scholarships.[3]

CFES is a 501(c)(3) public charity organization.

Philanthropic Funds

CFES works with individuals, families, businesses, and nonprofit partners to establish funds suited to their philanthropic needs. Available funds are donor-advised, designated, field of interest, scholarship, unrestricted, and agency[4]. Each donor's funds are pooled for investment management purposes to minimize costs and achieve a greater return, therefore making it possible for a smaller individual fund to enjoy the same benefits as a large foundation.

History

1984 - The Salisbury Regional Community Foundation was formed by the Greater Salisbury Committee. First Executive Director - Bob Cook.[5]

1985 - Richard Henson announces USD 1 million gift to the Foundation. First endowed funds established. First grants to Life Crisis Center and Coastal Hospice for USD 1,000 each.

1987 - Foundation formally changes it's name to Community Foundation of the Eastern Shore

1988 - Foundation's assets reach USD 1 million.

1994 - Foundation's 10th anniversary. Assets are USD 6.9 million.

1995 - Grants to the community exceed USD 1.5 million.

1996 - Foundation's assets reach USD 10 million.

1999 - Selected by the Kresgee Foundation for a campaign to raise community capital. Foundation's assets reach USD 20 million.

2000 - Foundation completes the Kresgee Challange phase 1, receiving USD 1 million from the community and a match of USD 1 million from the Kresgee Foundation.

2000 - Frank and Mitzi Perdue announce a gift of USD 4 million to the Foundation.

2001 - Foundation's assets reach USD 30 million.

2002 - Foundation grants USD 50 thousand to Wor-Wic Community College to expand their nursing program.

2003 - Foundation is the first to receive the Seal of Excellence from the Maryland Association of Nonprofit Organizations.

2004 - Foundation's 20th anniversary. Assets reach USD 42 million.

2006 - Foundation purchases permanent facility, sets up regional Nonprofit Support Center.[6].

2009 - Foundation's 25th anniversary. Assets reach USD 68.2 million. 25th Anniversary Partnership Prize awarded to The Family Connections Community Service Center[7]. Over USD 3 million in grants was awarded, and USD 185,000 in scholarships from over 100 scholarship funds[8].

2009 - Foundation opens ShoreCAN Voulunteer Center[9].

2010 - Foundation offers office space to nonprofits in their Nonprofit Office Center[10].

Publications

Newsletters

CFES publishes quarterly newsletters titled 'The Pillar' and the ShoreCAN Volunteer Center publishes monthly newsletters containing volunteer and nonprofit spotlights.

Television

The local public access television station, Pac 14, produces a monthly television show titled 'Community Foundation Spotlight [11]. On this show CFES President Spicer Bell interviews Executive Directors from various local nonprofits. The ShoreCAN Volunteer Center produces their own show monthly. It is also shown on Pac 14. All videos are available on the Foundation's website for viewing[12].

References

  1. ^ TGM Group, LLC (2009-06-30). "2009 Audited Financial Statement" (PDF). Community Foundation of the Eastern Shore. Retrieved 2010-06-12.
  2. ^ TGM Group, LLC. "2009 Audited Financial Statement" (PDF). Community Foundation of the Eastern Shore. Retrieved 2010-06-12.
  3. ^ "Foundation Awards Record $3.3 Million in Grants". Community Foundation of the Eastern Shore. 2009-08-12. Retrieved 2010-06-12.
  4. ^ "Types of Funds". Community Foundation of the Eastern Shore. Retrieved 2010-06-12.
  5. ^ "1984 - 2004: 20 Years, a History of the Community Foundation" (PDF). Community Foundation of the Eastern Shore. 2004. Retrieved 2010-06-12.
  6. ^ "Ribbon Cutting Marks Opening of CFES Nonprofit Support Center" (PDF). Community Foundation of the Eastern Shore. 2006-10-17. Retrieved 2010-06-12.
  7. ^ "Family Connections Awarded $25,000 Partnership Prize". Community Foundation of the Eastern Shore. 2009-05-12. Retrieved 2010-06-12.
  8. ^ WMDT. "Community Foundation 25 Years". WMDT. Retrieved 2010-06-12.
  9. ^ "Foundation Opens ShoreCAN Volunteer Center". Community Foundation of the Eastern Shore. 2009-10-16. Retrieved 2010-06-12.
  10. ^ "Ribbon Cutting Celebrates Nonprofit Office Center Opening". Community Foundation of the Eastern Shore. 2010-04-28. Retrieved 2010-06-12.
  11. ^ "PAC 14 Programming". Pac 14. Retrieved 2010-06-12.
  12. ^ "CFES Videos". Community Foundation of the Eastern Shore. Retrieved 2010-06-12.

See also

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