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HomeMy WebLinkAbout3.1 - Building Stronger Communities Together Jul 8 2025Building Stronger Communities Together Presentation to the Dania Beach Commission July 8, 2025 1 What is a Community Foundation? Grantmaking public charity comprised of a collection of charitable funds dedicated to improving the lives of people in a defined geographic area playing a key role in identifying and solving community problems. Administers and grows an endowment that supports the local community. The endowment is comprised of undesignated and designated Funds. This Community of philanthropists proactively invests the endowment to have the greatest possible impact. As a public charity, CFB both accepts donations and makes grants. Demonstrated operational excellence in six key areas: mission, structure, and governance; resource development; stewardship and accountability; grantmaking and community leadership; donor relations; and communications. 1,000 community foundations operate in urban and rural areas nationwide, 500 have earned the National Standards Seal. We are ranked #83 with nearly $300M in assets. The Top 50 Community Foundations have more than $80 billion in assets.Florida’s 27 Community Foundations have $4.2B in total assets.2 Community foundations are charitable organizations that pool donations from individuals, families, and businesses to support the needs of a particular geographic area. They play a vital role in promoting philanthropy and community development. - ChatGPT 3 One More Definition… Power of Endowment 2012: Funds created with $44M Current Balance: $44M To Date: 463 grants awarded totaling $26M MARY N. PORTER FUNDS Our Value Proposition 5 •Respected and responsible community partner and change maker, empowered to unite our community •Provide support, information, and services to professional advisors on estate planning and expertise with complex gifts. •Expertise in sophisticated grant-making projects with deep local knowledge •Represent and embrace collective philanthropy, attracting multiple funders to leverage collective impact •Expertise with multigenerational giving & family philanthropy •Support with non-profits to elevate their performance and operation •Understand and educate others on the value and power of endowment giving 571 Charitable Funds 65 Community Builders $20M Granted FY 24-25 $315M Total Assets $200M Granted Since 1984 $480M Promised Estate Gifts 179 Legacy Society Members $74M New Gifts & Promises FY 24-25 Ranked 83 Among Nation's Top 100 Community Foundations Impact at a Glance 6 550 Nonprofits received grants from CFB 7 AIDS/HIV LGBTQ/Broward Pride Transitional Foster Care Re-engage for Good School is Cool Art of Community Children’s Service Council (CSC) Reauthorization Broward County Public School SMART Bond Initiative Giving in Broward PAST COMMUNITY LEADERSHIP INITIATIVES 8 Exploring Leadership Areas •Closing the gender achievement gap, focusing on literacy & special needs •Florida Children's Initiative / Harlem Children’s Zone •Supporting homelessness and affordable housing: Focus on Families and Seniors •Maternal & Infant Health / Better Together •College and Career-Readiness / Promise Neighborhoods •Growing inspiring art and culture programs countywide •Building diverse boards and supporting CEOs for our nonprofit organizations Areas of Greatest Need Homelessness Housing Affordability Food Insecurity Youth: Job Readiness Support Mental Health Senior Isolation Fortifying Nonprofits Legal Support and Access to Benefits 9 Grantmaking Framework Focus Areas Grantmaking Priorities Education & Youth Enrichment Exposure to New Opportunities/Experiences K-12 Academic achievement Work-based Learning Social & Economic Mobility Talent Pipeline Remove Systemic Barriers Financial Education/Empowerment Entrepreneurship 10 Grantmaking Framework Focus Areas Grantmaking Priorities Healthy & Thriving Communities Mental Health Physical Health Food & Nutrition Environmental Education & Sustainability Art & Culture Art Education Art Therapy Cultural Assets Traditional Arts Individual Artists 11 Grantmaking Framework Focus Areas Grantmaking Priorities Build Strong Nonprofit Community Broward Center for Nonprofit Excellence Board Governance Asset Development Technology Small Nonprofits Capacity Building Financial Operations Risk Management Support Organizations Building Community and Opportunity Internal strategies - to strengthen our organization Collaborations & Partnerships with other organizations Education –to support growth & understanding of our diverse community and to strengthen nonprofit organizations to serve all. 12 13 Partnerships and Initiatives Partnered with Our Fund Foundation, awarding 10 nonprofits a total of $400,000 in grants to support innovative projects that address LGBTQ+ discrimination and disparities in Broward Partnered with the City of Oakland Park to launch the Oakland Park Community Fund, an endowed charitable fund established by a developer to ensure a lasting impact on the quality of life for Oakland Park residents. 14 Florida Wildlife Corridor project provides new educational experiences at Flamingo Gardens, Museum of Discovery and Science and Birch State Park. Huizenga Park Reimagined will transform Downtown Fort Lauderdale. We received a planning grant through the Ounce of Prevention Fund to spearhead the Florida Children’s Initiative in Broward. City of Lauderhill Fund to support community initiatives. Partnerships and Initiatives 15 Dania Beach Impact St. Ruth Missionary Baptist Church, in collaboration with the South Broward Health Hub, partners with Urban Health Partnership to strategically develop the South Broward Community Health Hub, which provides food to local residents. South Florida Community Land Trust, Inc. (SFCLT), The BlueSky Dania Pilot, A wrap-around case management support model program for 45 participants who live in the SFCLT affordable rental housing units. The program helps families at the highest risk of homelessness to grow their financial capacity with individualized support from an onsite navigator. Holocaust Documentation & Education Center, Prejudice Reduction Programming: Student & Community Holocaust Education. Serving 1,000 students and 15,000 community members annually, who will learn from humanities exhibitions and artifacts, first-hand testimonies, and engaging interactive experiences centered around the Holocaust in WWII. Lead with Love 16 17 Lead with Love “Lead with Love” Mural Project: Partnership with Business for the Arts Broward and Renowned Artist Cey Adams 9 Murals –1 in Each Broward Commission District Leverage public art to spread a message of love and unity across our community. Creates a new “attraction” for residents and visitors. Project installation to run from Fall 2024 -December 2027. Local artists hired to assist and residents involved in creating each mural. •Dania Beach •Las Olas •Pompano Beach •Plantation •Huizenga Park •Hollywood Establish a Community Impact Fund •Create a sustainable, perpetual source of income. •Ensure flexibility in fund allocation with annual distributions. Serve as a Bridge Between Residents and Nonprofits •Collaborate to understand and address residents' needs. •Identify and connect with nonprofits best positioned to provide support. Identify Critical Issues and Co-Investment Opportunities •Stay informed on city priorities and strategic projects. •Align efforts with focus areas to maximize the impact of partnerships. Advocate for Shared Local Priorities •Unite voices on key community issues. •Strengthen collective influence through joint advocacy. Partner on State and National Initiatives •Act as a community partner for broader initiatives. •Support efforts that elevate and benefit the city. Promote Philanthropy and Legacy Giving •Inspire residents to engage in charitable giving. •Host roundtables on philanthropy and the strategic use of Community Foundation resources. 18 Foundation/City Partnership Opportunities 19 Philanthropy Study 2.0 Understanding and Maximizing Charitable Giving in Broward •Giving in Broward may be lower than similar sized communities, but household characteristics explain why •There are opportunities to expand philanthropy in Broward –but a long-term commitment is needed •The landscape for giving is complex and fundraising approaches must adapt accordingly •Identity plays an important role in how diverse households give back –and where they give back •Some donors find fulfillment through broader forms of generosity, including volunteering and lending expertise. •Trust levels are generally high for nonprofits •Strategic giving becoming more common among donors Thank You, Jennifer O’Flannery Anderson, Ph.D. joa@cfbroward.org 954-761-9503 20