2016-CFNRV-Annual-Report

2016 ANNUAL REPORT

MISSION REFLECTING ON LEGACY

The mission of the Community A Letter from Jessica Wirgau, Executive Director
Foundation of the New River Valley is
to enrich our community by providing With a career in philanthropy, it didn’t take much for me to see the importance of financial planning for myself and
professional management services to donors my family. Still, when my husband Joe and I first walked into a financial planner’s office, we figured we’d be focusing
for their charitable causes, awarding visionary on paying off our mortgage and putting our boys through college. Terms like legacy, estate, (sheesh, even retirement)
grants and scholarships, and nurturing seemed like pretty distant concepts for two people just wanting their two-year old to actually go to bed at night.

collaborations in our community. And yet there we were, being asked to think about our legacy. What do we want to accomplish for our family and our
community now and decades from now? Pretty heavy conversation for – as noted above – two sleep-deprived parents.
But it made sense. And, as it turns out, we had been thinking about the path we wanted to leave behind, not just the
path ahead, for quite some time.

My oldest son, Russell, is named after my grandfather. Russell Snow spent the majority of his career as the
superintendent of Jennie Clarkson, a residential facility for at-risk young women in Valhalla, NY. I didn’t know my
grandfather particularly well. He had been diagnosed with Alzheimer’s by the time my family had moved closer to him,
and he passed when I was barely a teenager. Instead, what I know of him I’ve learned from the stories my parents
have shared. In many ways, they are vivid snapshots, powerful more for the impression they leave about the type of
man he was than for the specific details of his life. My parents would talk about the many, many times he was asked
to walk a former Jennie Clarkson resident down the aisle at her wedding. Or the hours he and my grandmother would
spend laughing with friends while my dad and his siblings played nearby. These snapshots form an overall image of my
grandfather as a kind, joyful, compassionate person who dedicated his life to helping people. I wanted to connect my
son to that legacy. Actually, I want to be part of that legacy as well.

So, back in that financial planning office, I began to think not just about how Joe and I might plan those mythical years
when we actually have more time and money to give back to our community, but what we do now at our jobs, as
parents, as children, and as neighbors to live a life of kindness that, hopefully, lives beyond us. In the past year at the
Community Foundation, I’ve seen hundreds of people who are leaving a legacy of compassion for this region. In this
report alone, you’ll see how donors are helping dozens of students to earn a college degree, how agencies are banding
together to make childcare and social services available to all children and families, and how a couple honored their
parents’ love of animals with an endowment. These stories make clear that we are building our legacies right now, each
day. If we’re fortunate, we get to see the impact of that work during our lifetimes. I know I speak for our board and staff
when I thank all of our donors, partners, volunteers, and friends for making the Foundation a part of their life and the
legacy they leave in support of the New River Valley.

Cover photos clockwise from top: Stock, Plenty!, NRV Livability Initiative, New River Valley TimeBank; Back illustration vecteezy.com Illustrations vecteezy.com

A YEAR IN REVIEW A YEAR IN REVIEW NRV Data Dashboard

Supporting New and Ongoing Programs Partnering For Impact Providing Regional Data to Support Programs

GiveBigNRV 2016/2017 As part of the CFNRV’s partnership with the NRV
Regional Commission to advance the NRV Livability
Crowd Fundraising for NRV Initiative, we launched an online data dashboard, an
Nonprofits interactive data tool that can be used for community
The CFNRV’s GiveBigNRV online decision making, grant proposals, program design and
fundraising platform, evaluation, and general data gathering. This dashboard
cfnrv.givebig.org, continues to serve provides insight into topics like housing stock by year,
as a valuable resource to nonprofits vacant housing, educational attainment, percentage of
looking to raise money online. children living in poverty, and the impact of tourism,
Over 120 agencies have profiles among many other data points. Visit nrvlivability.org to
on the website and may collect explore the dashboard.
donations and participate in the
The TimeBank Advisory Council receives support from Freedom First Credit Union Photos courtesy of NRV TimeBank & Community Housing Partners Annual GiveBigNRV Online Giving Regional Food Access Network
Day each April to earn additional
NRV TimeBank – A Neighbor to Neighbor Network of Support grants from the Foundation. In 2016, Increasing Access to Nutritious Food
the community raised $217,885
The NRV TimeBank, a project of New River Valley Home, was the 2016 recipient of the Norman and Nancy Eiss $10,000 for 88 unique causes. In 2017, Beginning in the fall of 2016, the CFNRV
Community Impact Grant. The TimeBank connects people to exchange skills and services, using time rather than dollars, that number rose to $220,192 for teamed up with Virginia Cooperative
with each person’s time and talent valued equally. A member needing an hour of yardwork can offer an hour of tutoring 115 causes, with over 1,700 gifts Extension, Virginia Tech’s Family Nutrition
to another member, and on and on. While open to anyone, the system specifically targets older adults who need support made through the site in just 24 Program, and the New River Health District
to help them stay in their homes and communities as they age, a goal of the CFNRV’s Aging in Place initiative. Learn more hours. GiveBigNRV is made possible to better understand and support the needs
at nrv.timebanks.org. through a partnership with Click & of organizations actively working to address
Pledge, a Blacksburg-based software hunger in our region. Together we have
Operational Support – Rewarding Good Organizations Illustration vecteezy.com company. convened over 40 food pantries and feeding
Doing Good Work programs to provide a forum for sharing best
practices, to identify ways to expand access
Too many foundations focus their giving on new to healthy food, and to explore common
programs alone, ignoring the critical importance of challenges and opportunities for collaboration.
operational support. The CFNRV allows eligible nonprofits This new Regional Food Access and Hunger
who have been in existence for at least five years to apply Relief Network is exploring projects such as
for up to $3,000 of operating support annually, giving bulk purchasing from suppliers and local
these organizations the flexibility to put those dollars farmers, cooking classes, and nutritional
where they are most needed. In 2016, we supported education programs.
highly respected organizations like the Literacy
Volunteers of the NRV, the New River Family Shelter,
the Pulaski County Humane Society, and To Our House,
among many others.

CFNRV staff members Laura Pynn and Kim Thurlow help
with landscaping upgrades for the NRV Family Shelter

3 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 4

2016 TOTAL GRANTS & SCHOLARSHIPS KIND AND GENEROUS SPIRITS

$536,795 The Donald L. and Lois H. Stafford Endowment for the Humane Society of Pulaski County

GRANTS BY AREA OF INTEREST GRANTS BY LOCALITY D onald and Lois Stafford grew up in Giles
County and moved to Fairlawn in Pulaski
15% 4% ALL NRV PULASKI County soon after they were married.
11% There they raised their son, Chris, and daughter,
Cindy, while Donald worked as an instrument
ANIMALS 35% 17% mechanic at the Radford Arsenal and Lois worked
at a local textile mill before becoming a bank
ARTS & CULTURE 6% teller. Both were active in their church and gave
freely of their time and talents to make sure that
COMMUNITY & CIVIC RADFORD the needs of family, friends, and neighbors were
AFFAIRS 2% always met. While neither attended college, they
9% understood the importance of education and
EDUCATION worked hard to ensure that their children would
become college graduates. Most importantly,
ENVIRONMENT 29% 18% FLOYD they were kind, loving, and generous people and
they passed on those values to their children.
HEALTH & 20%
WELLNESS Chris recalls how the family had a dog for as far
back as he can remember. Later in life, his parents
POVERTY 18% channeled their love of animals into support for Don and Lois Stafford
the Humane Society of Pulaski County. Based in
SUPPORT, 12% 5% GILES MONTGOMERY Dublin, the Humane Society helps place animals are very familiar with the Community Foundation of the NRV and
PARENTING & CARE with caring families via its rescue and shelter we have been regular donors for many years. It was important
programs, fields over 300 calls per month from to us that this endowed fund be managed by an organization
TOTAL ASSETS AS OF 12/31/2016 $8.71 million residents seeking assistance for their pets, and that demonstrates integrity, stability, and trustworthiness. The
works to reduce pet overpopulation via its spay/ Community Foundation meets all of these criteria.”
TOTAL ENDOWED FUNDS UNDER MANAGEMENT 165 neuter program. “I believe that their passion for
animal welfare was a natural extension of their Approximately thirty of the Foundation’s endowed funds are so-
TOTAL GRANTS IN 2016 $485,966.82 concern for others, especially those who are the called designated funds, providing ongoing support to a specific
most vulnerable in our society. They made regular organization of the donor’s choosing. The Foundation invests
TOTAL IN-KIND CONTRIBUTION VIA 1500 hours or $75,000 Photo courtesy of Chris Stafford financial contributions to the Humane Society and and grows the fund, allowing the organization to focus on its
PARTNERSHIPS, WORKSHOPS, AND CONSULTING would also bring donations of needed supplies mission while benefitting from a stable, annual funding source.
such as dog food to the animal shelter,” Chris Anthony Woodyard, executive director of the Humane Society,
TOTAL CONTRIBUTIONS RECEIVED IN 2016 $668,000 shares. sees the fund as a critical ongoing resource for his organization,
“The Humane Society relies solely on the kindness and generosity
TOTAL GRANTS & SCHOLARSHIPS $4.9 million After his parents both passed away, Chris and his of donors in order to carry out our mission. We are grateful to
AWARDED SINCE OUR FOUNDING wife Kim, who also reside in Fairlawn, resolved the Staffords for establishing the Donald L. and Lois H. Stafford
to honor their lives and their kind and generous Endowment as the Humane Society of Pulaski County will reap the
spirits through an endowed fund, the Donald L. benefits of this generous endowment in perpetuity.”
and Lois H. Stafford Endowment. For Chris and
Kim, partnering with the Community Foundation Additional information on the many organizations that the
to honor his parents was an easy choice, “We Foundation supports via its designated endowments can be found
on page 13.

5 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 6

FIRST STEPS A Network of Support for Children and Families The First Steps Network focuses on organizations and programs serving children ages birth to age 10 and their families

“No one would contest the There is ample research on the importance of early education 1 Increase knowledge about and access to available
fact that society’s first and to children, families, and communities. Whether talking about services through an early childhood education and
best way to foster literacy, economic development or public health, investing in the very first development information hub.
humanism, and a successful years of a child’s life provides significant returns to communities
future lies within the in the form of increased productivity, greater ability to attract 2 Identify shared values and messaging so agencies
opportunities provided for a talented workforce, and cost savings for special education, can speak with a common voice about the
our very youngest citizens.” incarceration, and other social services. Put simply, investing importance of early childhood.
in early education is a smart strategy for building a thriving
Ann Goette community. Support and strengthen the early childhood
Giles Early Education Project
In the New River Valley, 65% of children under age five have both 3 education and development workforce through
parents working, yet we lack enough high quality childcare options, professional development, recognition, and
particularly for infants and toddlers, to support our workforce. With compensation.
1 in 5 NRV children living in poverty, access to affordable care is
essential, as are afterschool programs and social services that can Photos courtesy of Blue Ridge Land Conservancy, There are already several organizations focused on these priorities, including Smart Beginnings NRV, New River
support families in need. Smart Beginnings NRV/Giles ChildFest, and the Community Action, the Davenport Institute at New River Community College, Virginia Quality, and the Alliance for
Montgomery County Christmas Store Better Childcare Strategies, among others. With so much energy and commitment to young children and families,
In late 2015, to better understand how coordination is essential. That’s where the Community Foundation comes in. Gifts made to The Fund for the NRV
foundation grants could address these allow us to convene the network, facilitate communication and cooperation among agencies, and reduce redundancy
challenges, we launched First Steps, an and competition for resources. Moreover, the Fund provides seed money for collaborative projects developed by the
initiative of the Fund for the NRV supporting network that will benefit the entire region. Kim Thomason, local coordinator for Virginia Quality, a statewide system
early childhood education and development. working with childcare centers to improve quality, writes “Virginia Quality values the First Steps Network because it
We began by engaging Drs. Robin Lemaire is bringing together community partners who are devoted to identifying and mapping a plan to provide families with
and Donna Sedgwick of Virginia Tech to an efficient way to access the needed resources to build strong children.”
help us survey over 50 nonprofit agencies,
libraries, and public schools, with the goal The First Steps Network is just beginning its work, but already agencies are recognizing the value of cooperation and
of understanding how they currently work the Foundation’s commitment to supporting their programs. For more information on First Steps, visit cfnrv.org.
together, their challenges, and opportunities
for collaboration. From this survey, the First 2016 ANNUAL REPORT
Steps Network was born, with dozens of
agencies and individuals meeting regularly
since May 2016 to develop and pursue three
regional priorities.

7 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 8

2G0RA1T6ITSUCDHE FOOLRASRCHSOHLIAPRSHHIIGPSHALNIGDHTHTE DONORS today. We spark elementary school students’ 2016
interest in science by leveraging high school
THAT FUND THEM volunteers to teach interactive lessons with 
topics ranging from microbiology to magnets.
A Few Words from Jessica Sun, 2016 Virginia Tech Women’s Club Scholarship Recipient Every year, my 501(c)3 non-profit impacts over $50,828
1,800 people across 9 states. Over the years,
M y parents are both immigrants Photo courtesy of the CFNRV we have developed around 60 lesson plans and 56 STUDENTS
from China, and had to two summer camp curricula. I am very proud
work hard to provide for my John Hillison of the CFNRV Scholarship Committee with Jessica Sun of my executive board, and our Virginia branch
siblings and me – my dad as a carpet alone runs at 12 high schools and teaches at 17
salesman, and my mom as a real estate elementary schools.
secretary. When I was still young, my
grandmother lived with us. We loved My family’s perpetually strained
her and did everything we could for her, financial situation has taught me that health
but she was terminally ill and my family issues are not the only barrier to academic
paid for her medical care. In addition, achievements, which has motivated me to spread
when the recession hit, my dad’s sales empowerment and opportunities to those
were a fraction of what they had been from diverse backgrounds and socioeconomic
before. My grandmother’s medical costs statuses. With no savings, retirement plan,
depleted first my parents’ savings, and or college money for my siblings and me, our
then my college account. We sacrificed family of five has had to make do with a much
new clothes, brand-name products, smaller allowance. My childhood was not filled
social functions, and more just to get by. with scientists, doctors, or engineers. It did not
suggest computer science as a career, provide
Yet, that trying time was one me with volunteer opportunities, or emphasize
of the best things to happen to me. I mental health activism. Instead, it gave me the
became motivated to excel academically confidence, imagination, and support to do
and apply for scholarships because I all those things myself with the help of family,
knew I needed a successful career to friends, and scholarships.
support my family. I used free online
resources and visited my library in lieu Everything I’ve done, everything
of expensive private tutors and prep I strive for, everything I hope for is made
programs. The past few years have possible because of scholarships like those at
inspired me to be resourceful, and I the Community Foundation of the New River
have immersed myself in bettering the Valley. My family could not afford to send me
community since then, especially at to college otherwise. Without donors like you,
Virginia Tech. I would never have come to Virginia Tech or
continued my work with Kids Are Scientists Too.
As someone who has struggled I would never have been on track to complete
to access the same resources given my degree in computer science and work as
to others, I care deeply about quality a software engineer to support my parents. I
STEM education accessibility for those have so much gratitude for scholarships and the
in underprivileged socioeconomic donors that fund them. I have them to thank for
situations. I started working with Kids my successes. Behind every successful person
Are Scientists Too, a national, student- is a network of supporters and I am proud to
led science education non-profit, five have the Community Foundation as part of my
years ago and proudly serve as its CEO network.

9 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 10

REASONS TO GIVE TO YOUR COMMUNITY WAYS TO GIVE DEFERRED GIFTS

Local Knowledge for Local Impact OUTRIGHT GIFTS Bequest
The CFNRV is dedicated to ensuring that your gift has the greatest positive impact right here in
Cash You may start a fund or give to an existing fund through
1 the New River Valley. Our professional staff has extensive knowledge of regional needs and the You can make an immediate, a bequest in your will. Some donors designate a specific
innovative programs and organizations meeting those needs. They can help you to find the causes tax-deductible gift via cash, check, or dollar amount or a percentage of their estate. Others
that appeal to you and ensure that your gift truly makes a difference. credit card to establish a fund or support simply leave the residue of their estate to the CFNRV.
an existing fund at the CFNRV. Simply The CFNRV staff is happy to provide you and your estate
Donor Engagement make your check out to the CFNRV and planning advisors with sample bequest language.
We encourage all of our donors to be actively involved in our work. We provide you with timely, designate a specific fund in the memo
line, or go to cfnrv.org and click on Give Charitable Remainder Trust (CRT)
2 accurate information about your fund, invite feedback on grant and scholarship applications, and Now to make a secure online gift.
offer opportunities throughout the year for you to meet the people and organizations that you Appreciated Securities A CRT provides you with a lifetime income to yourself,
support. The CFNRV has extensive experience your spouse, or other beneficiary while designating the
handling non-cash gifts, including principal of the trust to the CFNRV upon your death. This
Variety appreciated securities. When you principal can be used to create a new endowed fund in
The CFNRV offers many different ways to make an impact with your charitable gift including: transfer ownership of the securities your name or support an existing fund at the CFNRV.
to the CFNRV, you avoid capital gain
3 • Starting an endowed fund based on your unique charitable interest on the appreciation and enjoy the full Charitable Lead Trust (CLT)
• Contributing to one of over 160 existing endowments supporting scholarships and grants tax-benefits of contributing to a public
in a variety of issue areas charity. A CLT allows you to provide support to the CFNRV
• Maximizing your impact through the Fund for the NRV focused on helping organizations through annual payments from the trust’s income for
work together to meet regional needs a period of years. These payments can be allocated to
an endowed fund you establish or to another existing
Prudent Financial Management fund at the CFNRV. Upon the termination of the trust,
The CFNRV entrusts its assets to locally-based, professional money managers who believe in our the principal would go to beneficiaries such as family
members or others.
4 mission and help us to sustain our endowed funds in perpetuity. Our managers include:
JSW Financial • National Bank • Union Bank & Trust • Wells Fargo Advisors Private Foundation Transfer

11 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY Administering and making grants from a private
foundation can become burdensome for its trustees.
The trustees can elect to transfer the assets of the
private foundation to the CFNRV to establish an
endowed fund carrying the same name and purpose as
the private foundation. The trustees could continue to
serve as advisors to the fund without the cumbersome
administrative responsibilities.

2016 ANNUAL REPORT 12

    Friends of Claytor Lake, Inc. Endowment Fund Roy and Vivian Davis Memorial Fund
Supports the mission of the Friends of Claytor Lake. (James and Josephine Shotts)
 DESIGNATED / AGENCY FUNDS Supports the mission of the Bladen County, North Carolina
Friends of Pulaski County Library Endowment Library
Designated or agency funds support specific agencies Supports the mission of the Friends of Pulaski County
identified by the donor. Many organizations also Library to promote the interests of the Pulaski County SEEDS Endowment Fund
establish endowed funds with the CFNRV to provide Library System and to educate the members and the Supports the mission of SEEDS (Seek, Education, Explore,
a long-term source of funding meeting their unique community about library services. Discover)
missions.
Giles Animal Rescue Inc. Endowment Fund Susan Garrison Memorial Fund
     Supports the mission of Giles Animal Rescue. (Lisa Barroso and Friends)
Supports the Town of Blacksburg with grants for projects
Administrative Endowment Fund Don Michelsen Administrative Endowment Jim and Janet Johnson Band Scholarship or initiatives that promote and support environmental
(Miles C. and Ruth C. Horton, Jr.) Provides annual funding to meet Community Foundation Supports enhancing the musical skills and music awareness, sustainability, and civic beautification.
Supports the mission of the Community Foundation of the operational costs with a goal of self-sufficiency. In memory of appreciation of band students at Blacksburg High School.
New River Valley by supporting administrative expenses. Don Michelsen, founding board member for the CFNRV. Town of Blacksburg Senior Center Endowment Fund
Lindsay B. West Administrative Endowment (Bruce M. and Constance D. Anderson)
Blackburg Breakfast Lions Club Endowment Donald L. and Lois H. Stafford Endowment for the Supports the mission of the Community Foundation of the Supports the mission of the Town of Blacksburg Senior
Supports the charitable activities of the Blacksburg Breakfast Humane Society of Pulaski County New River Valley. Center.
Lions Club. Supports the mission of the Humane Society of Pulaski
County to advance the welfare of animals in Pulaski County, Lineweaver Family Fund United Way of Montgomery, Radford and Floyd
Community Health Center of the New River Valley Virginia. Supports the missions of the YMCA at Virginia Tech and Endowment Fund
Endowment Fund Montgomery County 4-H, part of Virginia Cooperative Supports the mission of the United Way of Montgomery,
(Formerly the Free Clinic of the New River Valley) Frank and Shirleigh Marvin Scholarship Fund for the Extension. Radford and Floyd.
Supports the mission of the Community Health Center of the Renaissance Music Academy
New River Valley. Supports the mission of the Renaissance Music Academy of Literacy Volunteers of America – New River Valley Valley Interfaith Child Care Center Fund
Virginia. Endowment Fund Supports the mission of the Valley Interfaith Child Care
(Louis M. Gwin and Rachel R. Parker-Gwin) Center.
Supports Literacy Volunteers of America – New River Valley.
William J. Dawson, Jr. Memorial Fund
Montgomery County Christmas Store Endowment Fund (Evelyn Sandy Dawson)
Supports the mission of the Montgomery County Christmas Supports the ongoing work of the Community Foundation
Store. of the New River Valley.

Nancy and Thomas Murray Endowment for NRV CARES Women’s Resource Center Endowment Fund
Supports the mission of NRV CARES. Supports the mission of the Women’s Resource Center of
the New River Valley.
New River Family Shelter Fund
Supports the mission of the New River Family Shelter. Young Life Kids to Camp Fund
Supports Young Life of Virginia with funding to provide
Pulaski County Library System Endowment Fund scholarships to send kids to camp.
Supports the mission of the Pulaski County Library System.
Zeta Beta Chapter of Alpha Phi Omega Endowment
Radford Child Development, Inc. Fund Fund for Leadership, Friendship and Service
Supports the mission of Radford Child Development, Inc. Supports the mission of the Zeta Beta Chapter of Alpha Phi
Omega.
Rotary Club of Blacksburg Endowment Fund
Supports the mission of the Rotary Club of Blacksburg.

13 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 14

 Chris Thompson Family Endowment Fritz and Emma Spengler Loving Memorial Fund
  Supports general charitable purposes in the New River (Manfred Spengler)
Valley. Supports Young Life of Virginia exclusively for camp
DONOR ADVISED FUNDS scholarships; specifically for youngsters residing in
Community Service Fund Montgomery County and Giles County.
Donor advised funds are established by donors who wish to actively participate in the (James and Josephine Shotts)
grantmaking process by recommending charitable projects or organizations to support with Supports general charitable activities in the New River George R. and Mildred H. Smith Family Fund
their grant dollars. Valley. Supports general charitable purposes in the NRV.

Ann and H.W. Huff, Jr. Family Fund Cabell and Shirley Brand and SEEDS Student Fellowship Theatre Illustration © Zhaolifang Cottingham-Stuart Community Fund Gerus Blieszner Fund
Supports charitable work in Pulaski County that serves the and Mini-Grant Fund (Bob and Emily Stuart) Promotes innovative classroom practices in Montgomery
poor, the needy and the less fortunate. (Cabell and Shirley Brand, and Mike Rosenzweig) Provides Supports general charitable purposes or the YMCA at County elementary schools. Coordinated with the public
grants of fellowships to high school and college students to Virginia Tech. school system’s STAR grants.
Arts Alliance Endowment Fund encourage and facilitate study, research and development
Supports local arts organizations and individual artists of solutions to social and environmental issues such as Daniel C. and Joanne L. Bell Endowment Fund Ghia Borg Memorial Fund
(through a sponsoring organization) in support of arts recycling, education, hunger, land use, homelessness, Supports charitable organizations that are engaged in Supports general charitable purposes.
projects and/or specific operational needs related to the biodiversity, and health care in Southwest Virginia, hospice care.
arts. including but not limited to VA Vital Signs Region. Ghia Borg Memorial Health Care Fund
Dianna Pickering Memorial Garden Fund Supports health care needs of the poor, the needy and
Arts Fund of the CFNRV Chachra Family Cultural Fund Supports the development of interpretative botanical the less fortunate.
(Chris Thompson) Promotes understanding of the culture of India, by sites open and accessible to the general public such as
Supports activities that promote the arts. supporting cultural activities such as workshops, readings, those on the grounds of Smithfield Plantation. Giles Early Childhood Fund
movies, festivals, concerts, fireworks, and dance. Provides grants to improve, support, survey, and
Beatrice S. Kalka Endowment Fund Diana, Princess of Wales Memorial Fund enhance the lives and educations of the very youngest
Supports the Women’s Resource Center of the New River Children’s Shelter Home Endowment Fund (Margot Sebba) citizens of Giles County and their families – prenatally
Valley and other charitable organizations in the region. Supports charities that assist children in need. Supports NRV public charities that assist AIDS victims and through kindergarten – with particular emphasis on
their families; children in need; those in need of hospice those living in poverty.
Benjamin Eiss Memorial Fund Chris Thompson Family Charitable Fund care; and the homeless.
(Norman and Nancy Eiss) Supports general charitable purposes in the New River Hawk’s Ridge Fund
Supports school teachers of at-risk students in Montgomery Valley. Early Childhood Education Teachers Fund (Donna E. Douglas)
County elementary schools. Coordinated with the public (David, Marilyn and Mark Hutchins) Supports the Women’s Resource Center of the NRV,
school system’s STAR grants. Supports professional development and continued SEEDS and the New River Land Trust.
strengthening of NRV early childhood education teachers.
Hazelton Family Fund
Ellen Moore Memorial Fund Supports the purchase of science equipment and
(The Rotary Club of Montgomery County) supplies for science lessons for public school children in
Supports general charitable purposes. Yellowstone County, Montana and the New River Valley,
Virginia.
Endowment for Floyd County
Supports NRV charities with a focus on Floyd County. HMM Miami High School Scholarship Fund
Provides scholarships for graduated Miami (AZ) High
Endowment for Giles County School students pursuing higher education at a major
Supports nonprofit work in Giles County. Arizona college or university.

Feisty Floyd Filanthropists HMM Poverty Assistance Fund
Supports charitable organizations serving Floyd County. Supports programs addressing problems of poverty.

15 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 16

DONOR ADVISED FUNDS . . .

The Blue Mountain School received operational support from the Floyd Fund in 2016 Harding Avenue Elementary School received $4,000 in spring 2016 to support its What’s On Stage program

Homer T. and Beverly A. Hurst Family Endowed Fund Jane Brugh Layman Charitable Fund Litschert Family Fund Nelle Oakey Ryan Gardner Fund
Supports general charitable purposes including Supports benevolences such as the Free Clinic, Interfaith Supports general charitable activities, the environment, (Rebecca Ryan Dunkenberger)
scholarships. Food Pantry and Habitat for Humanity; and for cultural and education in the NRV. Supports general charitable purposes.
activities.
Hulannie A. Jenkins and Kimberlyn Atherton-Jenkins Margaret and Samuel F. Tollison Family Fund New Mountain Climbers Fund
Family Fund Joann and J.B. Sutphin Fund Supports general charitable purposes. Supports charitable organizations serving Montgomery
Supports general charitable purposes. Supports general charitable purposes. County for general charitable purposes including
Mary E. Sanders Family Fund scholarships.
JJ Fund Kammerer Family Fund Photo courtesy of the Blue Mountain School Photo courtesy of What’s On Stage Promotes education, intellectual development, social
Supports scholarships for the needy in the NRV and art Supports general charitable purposes. awareness and civic responsibility among young people, New River Valley Association of Realtors Community
supplies for classroom needs. especially those from circumstances with no previous Engagement Fund
Katherine M. and William H. Sanders Family Fund history of college education. Provides grants to nurture and strengthen our local
Jackson S. Copenhaver Fund Promotes education, intellectual development, and social communities by impacting three pivotal areas of
Supports general charitable purposes. engagement among children and young people with Mary P. Risacher Memorial Fund importance – diversity, housing opportunity, and smart
particular emphasis on the arts. (Bill and Mary Lee Hendricks, Anthony Equale) growth in the counties of Montgomery, Floyd, Pulaski, and
Jackson S. Copenhaver Legacy Fund Supports general charitable purposes. Giles, and the City of Radford as well as Wythe, Carroll,
Supports scholarships for students in Animal and Poultry Kennedy Family Fund Bland, Tazewell, and Grayson, and the City of Galax,
Sciences and provides annual support to the Community Supports NRV and US agencies that are engaged Miller Family Fund Virginia.
Foundation of the New River Valley. in Christian mission efforts locally, nationally, and Supports general charitable purposes.
internationally. New River Valley Fund for Animals
Jacobs Family Fund Montgomery County Educational Foundation (Chris Thompson)
Supports charitable organizations and programs for young Kolla-Landwehr Fund Endowment Supports charitable organizations or agencies in the NRV
children and families in need. Supports general charitable purposes. Supports Montgomery County Public Schools to enable for companion animal welfare programs.
students, teachers, and administrators to discover,
advance, and enhance educational opportunities.

17 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 18

DONOR ADVISED FUNDS . . .

Smart Beginnings NRV Charitable Fund Warren Lloyd Holtzman Merit Grant Fund
Supports programs to improve kindergarten readiness Provides seed grants encouraging, supporting and
and early educational success by supporting quality recognizing innovation, research and upward mobility
educational and developmental opportunities in the New in the areas of small business development, human
River Valley for children and their families, prenatally potential advancement, nurturing grassroots community-
through early elementary school. based programs and expansion of the free market
economy of knowledge and expertise.
Shuler Family Reading Fund
Supports New River Valley charitable organizations that Wellness Fund
provide literacy services. (John and Elizabeth Bush)
Promotes wellness in the New River Valley.
Stoop Fund
(Ellen Ryan) Winters Family Endowment Fund
Supports general charitable purposes. Provides annual funding to the Intellectual Disabilities
Agency of the New River Valley (aka Leisure Directions)
Talbot Family Fund and provides funding for the personal and educational
Supports general charitable purposes with awards to needs of persons with intellectual disabilities.
organizations such as the Free Clinic of the New River
Radford’s Dalton Intermediate School received support from the Nicholson Family Fund for its Girls Night Out program Valley; the Interfaith Food Pantry located at Blacksburg Worthington-Dolloff Cancer Treatment Assistance
Baptist Church; the Community Foundation of the New Fund
River Valley; and the Montgomery County Christmas Supports cancer treatment for needy patients in the NRV.
Store.
NRV Dental Benevolence Fund Robert and Emily Stuart Grassroots Leadership Young Women’s Life Experiences Fund
(Joe J. and Margaret M. Thompson) Development Fund Todd Family Fund Supports charities that help young girls and women
Supports dental care for the poor and less fortunate. Supports grassroots leadership development in the New Supports agencies including faith-based organizations in under the age of twenty that need financial assistance
River Valley. Grayson County and the City of Galax, Virginia; and the to participate in life experiences that are conducted,
North Family Fund New River Valley for general charitable purposes. sponsored, or associated with a charitable organization
Supports charitable organizations that help single, head- Robert E. and Nadine J. Newcomb Memorial Fund - or agency.
of-household families – especially those of Hispanic origin The Parenting Skills Fund Vernon L. and Lois B. Baldwin Memorial ‘Town and
– in need. Supports charities that teach parenting skills, especially to Photo courtesy of Dalton Intermediate School Gown’ Award Fund Youngs Family International Peace Garden Fund
disadvantaged parents of pre-school aged children. Supports organizations that make awards to and Supports the upkeep of the International Peace Garden,
Piscura Family Endowed Fund otherwise honor those individuals who have been of located on the campus of Virginia Tech or other
Supports qualified charitable organizations in the NRV Robert L. Nicholson Family Fund of Radford long service to both Virginia Tech and the Blacksburg international peace projects.
and elsewhere that are engaged in protecting the Provides grants to enhance the well-being and improve community.
environment, education, and gun control. the quality of life of children in Radford and the Youth Awareness Fund
neighboring counties of Montgomery, Pulaski, Floyd, and Virle and Al Payne Family Fund (Mathew and Christina Mathai)
Pulaski County Library System Fund Giles. Supports social, ethical, educational, recreational, Supports general charitable purposes. Supports projects that inform the community about
Supports the Pulaski Library System. and health programs or those simple pleasures that bring emerging issues with respect to school age children and/
comfort, security, joy, and smiles to children. Warren Lloyd Holtzman Seed Grants Fund or for support of after-school activities and programs for
Recognition Research Foundation To provide scholarships and for general charitable children.
Supports general charitable purposes. Rosina and Dean Carter Fund for the Visual Arts purposes.
Supports charitable organizations that engage in, educate
or promote the field of visual arts. YP Gives
Supports general charitable purposes in the New River
Valley.

19 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 20

    The Children’s Trust provides a child-friendly environment for the Sarah Gray and Leroy Robinson at the Philip Sadler Center in Pulaski County
investigation of child abuse and neglect
 ENDOWED FIELD OF INTEREST FUNDS

Field-of-interest funds support particular interest areas,
specific program initiatives, causes or geographic areas as
established by the donor.

4-17 Fund Luba Fabrycky Memorial Endowment Fund Photos on opposite page courtesy of The Children’s Trust, New River Community
(The Robert and Debbie Piscura Family of Draper, VA) (Wolter Fabrycky) Action, CFNRV, New River Community Action
Supports charitable work for the care and support of the Supports general charitable purposes including but not
New River Valley community spirit that arose to meet the limited to programs and activities for the education of
tragic shootings at VT on April 16, 2007. children with emphasis on children of disadvantaged
families.
Andy and Susan Morikawa Capacity Building Fund
Supports programs that build the capacity of charitable Paws and Claws Endowment Fund
NRV organizations to meet the critical needs of the (Lynda Chamowitz and Joan Gotthardt)
community in a manner that is sustainable. Supports animal welfare in Montgomery County.

David and Lillian Francis Charitable Endowment Silver Care Endowment Fund
Supports New River Valley charitable organizations and (Lynda Chamowitz and Joan Gotthardt)
agencies that serve the needs of alcoholics and their Supports the needs of senior citizens in the New River
families, including the education of their children. Valley.

General Endowment Fund Virgil Speaks Fund
Supports all foundation fields of interest at the discretion (Suzi Gablik)
of the foundation Board of Directors. Supports charitable organizations such as “What’s on
Stage”, a program at Harding Avenue Elementary School,
Lee Society Endowment The Lyric Theatre, the Community Foundation of the New
Supports general charitable purposes. River Valley, and Beans and Rice.

Loving Care Fund
Supports children and families and provides support to the
Community Foundation’s operations.

21 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY Alex Wilken shares why he gives through the CFNRV’s GiveBigNRV Volunteers sort food drive donations for Floyd County 22
website 2016 ANNUAL REPORT

 Chris Dudley Scholarship Fund Eric E. Sutphin Memorial Scholarship for Children of
(Jack and Larkin Dudley) NRV Law Enforcement Officers
SCHOLARSHIP FUNDS Provides scholarships to graduating students from (Tamara Sutphin)
Blacksburg High School that demonstrate strong Provides scholarships to students who have a parent or
Scholarship funds support students pursuing higher education at a leadership skills and have a grade point average of 3.0 guardian who is a law enforcement officer serving in the
variety of trade or technical schools, colleges or universities based on a 4.0 scale, with preference given to students playing NRV with preference given to Montgomery County to
on criteria established by the donor. on the men or women’s Blacksburg High School soccer attend any college, university or accredited vocational or
teams. technical program.
A. Phillip Meadows Memorial Scholarship Fund Bill Ford Memorial Scholarship Fund
(Dreama and Logan Meadows) (The Family of Bill Ford) Citizens Scholarship Fund Evelyn Rutrough Memorial Scholarship Fund
Provides scholarships for undergraduate work at a Provides scholarships to students from Eastern (Citizens Telephone Cooperative) (Virginia Rebekah Lodge #77)
college or university to high school students graduating Montgomery High School in Shawsville and/or students Provides scholarships to students from Floyd County Provides scholarships to graduating high school students
from a NRV high school or Hinton High School, WV. who played basketball with the Virginia Warriors, an (including students from Floyd County High School, from Floyd County to pursue studies in teacher education
AAU organization serving youth in the Roanoke Valley; Springhouse Community School, or home-schooled or nursing.
Adrienne Marie Rhudy Memorial Scholarship Fund who are pursuing a degree at any 2 or 4 year college, students) to attend any 2 or 4 year college, university,
(Dan and Ann Rhudy) university, trade, or technical school. trade or technical school. James E. and Kate H. Board Scholarship Fund
Provides a scholarship to a 2 or 4-year college or Provides scholarships to graduates of Check Elementary
university for students attending NRV high schools who Blacksburg High School Legacy Scholarship Fund Dennis Stauffer Memorial Scholarship Fund School and Floyd County High School to attend any 2 or 4
demonstrate the ability to overcome adversity and to be (BHS Chapter of the National Honor Society) (Dean and Bennie Stauffer) year college or university.
strengthened by the experience with a minimum grade Provides scholarships to graduating students from Provides scholarships to students from Blacksburg High
point average of 2.5. Blacksburg High School with a minimum grade point School who have been active in the high school marching Jim Gwazdauskas Memorial Scholarship Fund
average of 3.2, a strong track record of leadership and band, flag corps, or symphonic band to attend any 2 or 4 (Frank Gwazdauskas)
Allan and Marie Mandelstamm Fund service to the school and/or community, and a strong year college, university, trade, or technical school. Provides scholarships to graduating high school students
The Allan Mandelstamm Scholarship Fund provides desire to continue that level of service during college to on the Blacksburg High School men’s soccer team
scholarships to NRV high school graduates or students attend any 2 or 4 year college or university. Diana Love Legacy Instrumental Music Scholarship displaying integrity of character, initiative and leadership.
with a GED who show financial need and earn at Fund
least a 2.5 on a 4.0 scale. The Marie Mandelstamm Blacksburg Volunteer Rescue Squad Memorial (James F. Johnson and Janet M. Johnson, James M. Shuler Juanita Shelor Hall Memorial Scholarship Fund
Scholarship Fund provides scholarships for Blacksburg, Scholarship Fund and Margaret F. Shuler, Paula Wilder) (George and Lois Hall)
Christiansburg, Eastmont or Radford students pursuing Provides scholarships to active members of the Provides scholarships to graduating Blacksburg High Provide scholarships to students who are pursuing
college degrees in the sciences. Students must Blacksburg Volunteer Rescue Squad in good standing School students pursuing a career in instrumental music. a higher education in business or education with a
demonstrate a 3.0 GPA and financial need. with a minimum of one year of service who are pursuing preference for students from Auburn High School.
a post-secondary degree at a 2 or 4 year college, Domermuth Scholarship Fund
Auxiliary of Radford Community Hospital/CNRVMC university, trade, or technical school to pursue a career Provides scholarships to graduating high school students Kiser Orthodontics Scholarship Fund
Scholarship Fund as a Registered Nurse, Physician’s Assistant, Nurse or other, nontraditional students from Giles County (M. Kent Kiser)
Provides scholarships to pursue a career in nursing Practitioner, or Paramedic. to attend any 2 or 4 years college, university, trade, or Provides scholarships to students from the counties of
(registered nurse, licensed practical nurse, or certified technical school. Floyd, Giles, Montgomery, Pulaski, Tazewell, Wythe, and
nursing assistant) or in a related health profession such Casey Jones Memorial Scholarship Fund Bland counties and the City of Radford in Virginia, and
as but not limited to radiology technician, laboratory (Pat Jones and Family) Doris Huff Elliott Business Excellence Scholarship the counties of Mercer and McDowell in West Virginia
technician, respiratory therapist, or any health profession Provides scholarships to graduating high school students Fund to attend any 2 or 4 year college, university, trade, or
providing hands-on patient care. from Blackstburg High School with a preference for (Wayne Elliott) technical school.
students pursuing a degree in a health profession. Provides scholarships to graduating students from
Christiansburg High School who have taken courses Lambda Horizon Scholarship Fund
within the CHS business program to attend any 2 or 4 (LGBT Caucus at Virginia Tech)
year college, university, trade or technical school. Provides scholarships to students who have made
contributions to the lesbian, gay, bisexual, transgender
(LGBT) community through leadership, service,
volunteering, and/or research.

23 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 24

SCHOLARSHIP FUNDS . . .

2016 Scholarship Recipients Mary Ann King Peters Memorial Scholarship Fund Photo courtesy of the CFNRV Project Hope New River Valley Scholarship Fund Wang Family Fund
(Karen Hale and Leesa Meador) Provides scholarships to graduating seniors from the Provides the June Liang Wang Memorial Scholarship to
Larry Turman Memorial Scholarship Fund Provides scholarships to graduating high school students New River Valley who are currently experiencing or have students from Blacksburg High School who demonstrate
(Charles Turman and Thornton Turman) on the Floyd County High School women’s basketball team experienced homelessness during their school career to the qualities that June Liang Wang instilled in her students
Provides scholarships to graduating high school students demonstrating integrity of character, initiative, leadership, attend any 2 or 4 year college, university, trade or technical including scholastic achievement, community involvement,
from Floyd County High School to attend a 2 or 4 year good sportsmanship, being a team player, and love of school. leadership, and global awareness.
college, university, trade, or technical school. basketball.
Ray E. and Mary B. Epperly Family Fund Warren Lloyd Holtzman Freedom Scholarship Fund
Lineweaver Family Scholarship Fund Muffo Family Scholarship Fund Provides scholarships for students of Eastern Montgomery Provides grants to offer opportunity and recognition, to
Provide scholarships to students studying Dairy Science at Provides scholarships to graduating high school students, High School with average grades. encourage innovation, and to acknowledge distinction by
Virginia Polytechnic Institute and State University who have or other, nontraditional students residing in the New River providing scholarships to deserving high school students to
demonstrated financial need and academic performance Valley to attend any 2 or 4 year college, university, trade, or Skip Bishop Scholarship Fund pursue higher education.
sufficient to progress through the undergraduate program. technical school. (Sandra Bishop Smith, Martha Bass Smith and Michael
Edward Bishop) W.F. Teel Scholarship Fund
Marcus Allen Ford Memorial Scholarship Fund Plummer Scholarship Fund Provides scholarships to graduating athletes from Floyd Provides scholarships to students from Auburn High School
(Waverly and Donna Ford) Provides scholarships to graduating high school students County High School to attend any college or university to attend any 2 or 4 year college, university, trade, or
Provides scholarships to graduating high school students from Grayson County High School and Galax City High with documented financial need; a minimum grade point technical school.
from Christiansburg High School to attend any 2 or 4 year School with financial need, a minimum grade point average average of 3.0, and participation in any organized high
college or university in Virginia. Students should exemplify of 3.0 to 4.0, and good moral character. school sport. Wings Fund
the qualities of Marcus Allen Ford including love and family, (David and Marilyn Hutchins)
a friend to all, exceptional academic abilities, outstanding T. Scott Eaton Scholarship Fund Provides scholarships for New River Valley high school
leadership, and good sportsmanship in the home, at school, (John and Peggy Eaton) graduates and provides support for the development of the
and on the playing field. Provides scholarships to graduating high school students CFNRV scholarship program.
that pursue post-high school studies in the theater or fine
arts. The scholarships shall be awarded to students with Winning Choices Bonnie Kitts Memorial Scholarship
average grades who graduate from public schools located Fund
in the New River Valley. Provides scholarships to graduating students from any
public high school in Montgomery County, Virginia who are
Terry Helms Memorial Scholarship Fund in good academic standing and have participated in the
(Family of Terry Helms) Winning Choices essay contest at his/her respective high
Provides scholarships to students from Blacksburg High school to attend any 2 or 4 year college, university, trade, or
School pursuing a post-secondary degree at any 2 or 4 technical school.
year college or university in math or a related field such as
statistics, engineering, or math education. Woodrow and Elma Turman Scholarship Fund
Provides scholarships for graduating students from Floyd
Virginia Tech Women’s Club Scholarship Fund County High School to attend any trade or technical
Provides scholarships to rising junior and senior class school, college or university with financial need who
women at Virginia Tech who have demonstrated excellence have demonstrated the ability and commitment to better
in academics and service. themselves by continuing their education.

25 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 26

FRIENDS

ANNUAL GIFTS OF $500 - $9,999

2016 DONORS These committed donors are actively building a relationship with the Community
Foundation by supporting a variety of causes including the Community Foundation’s
The Community Foundation’s many donors Fund for the NRV, enabling us to act quickly to meet evolving needs. We thank you for
make it possible for us to support dozens of your gifts.
nonprofit organizations and students in the
New River Valley each year. Since awarding Anonymous Steven Critchfield
our first $500 grant in 1997, our donors have AARP Blacksburg Chapter Michael Daiber
helped us to award nearly $5 million in grants Jay and Lisa Abbott Carol Davis
and scholarships to benefit our community. Bank of Floyd (Skyline National Bank) Brad Denardo
Their passion and generosity are unrivaled, Barbara Beatty Robert and Kathy-Lynn Devereaux
and we thank them for their continuous Bell Electric Tony Distler
support of the Community Foundation’s Joan Bellis and Bob Leftwich Dorothy Domermuth
mission and programs. Randy and Bonnie Billingsley John and Lisa Dooley
Martha Bishop Don and Libby Drapeau
BENEFACTORS Piggy Bank and Coin Illustration © funkyboy2014 Blacksburg Eye Associates Wayne and Doris Elliott
Blacksburg High School W.J. Fabrycky
ANNUAL GIFTS OF $10,000+ Blacksburg High School PTSO Ed and Linda Fallon
Blacksburg Junior Women’s Club Jack and Kathy Finney
These donors strongly support the mission of the Community Foundation and have James and Denise Blakeney First Bank & Trust Co.
made a profound and lasting impact in the New River Valley with their contributions. Al and Marilyn Bowman Terri Fisher and Terry Nicholson
They make these gifts to establish new endowed funds, grow an existing endowment, Kevin and Linda Browne Freedom First Federal Credit Union
or support Community Foundation special initiatives and operations. We thank you for Lynn Browne Friends of Claytor Lake, Inc.
your gifts. Greg and Marilyn Buhyoff Mark and Connie Froggatt
Building Bridges Child Development Center Bill and Ginny Gardner
Anonymous Janice Litschert Kim Carlson Ann Goette and Rick Claus
American Electric Power Foundation NRV Regional Commission Rosina Carter Glenn Gopman
Jack and Larkin Dudley David & Lucille Packard Foundation Janaka and Kasturi Casper Robert and Rosemary Goss
Norman and Nancy Eiss Chris and Kim Stafford Robert and Sharon Chiang Joan Gotthardt and Lynda Chamowitz
Joe and Betty Lineweaver Marilyn Christian Ed Gralla and Randye Schwartz
CoBank Olin Griffin
Eldridge and Belva Collins Paul Haaf
Corning Inc. Foundation Barbara Hale
Larry and Patti Cowley Archie Hale
Ira and Betty Crawford Lynn and Linda Hayes

27 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 28

FRIENDS . . . SUPPORTERS

Hilda Helms Andy and Susan Morikawa Richard and Ann Saacke ANNUAL GIFTS OF $100 - $499
Carolyn Howard John and Sue Muffo Bill and Kathy Sanders
Pete and Pat Huber Pat and Trish Muldoom Dwight and Pat Shelor These donors consistently support the New River Valley by contributing to the Community
Marilyn Hutchins Don and June Mullins Walter Shields Foundation or are just starting a relationship with us to enhance our region. We thank
Pat Hyer Rhoda Myers Jim and Josie Shotts you for your gifts.
Steve and Cathy Jacobs Jim and Anne Neighbors Robert and Shirley Sparrow
Hugh Jenkins and Kim Robert Nicholson, III Dean and Bennie Stauffer All photos courtesy of Kerie LeeAnn Portraiture & Event Photography, Piggy Bank and Coin Illustration © funkyboy2014 Anonymous Mary Blakely Vinod and Ranjana Chachra
NRV Association of Realtors SunTrust Bank Shirley Akers Allan Bookout Lynn Chenault
Atherton-Jenkins Beth Obenshain and Fred Susan Sypolt Phyllis Albritton Jeanette Bowker Mark Cherbaka
JSW Financial Frank Tanner George Allen Isabel Bradburn Stewart Chess
David Johnson Carlisle Chris Thompson Allure Spa & Skin Health Kathleen Brennan Colley Architects
Kathy Jordan and Bill Zuti Suzanne O’Brien Doug and Wanda Thompson Deborah Brown Robert and Ida Comparin
Doug Juanarena Thomas and Jeanie O’Neill Grant Thornton Boutique, LLC James Brown Phyllis Conrad
Kipps Elementary School Carolyn Painter JL and Meredith Tompkins Tom and Paula Alston John and Mary Jean Brown Shirley Cook
Luther and Katy Kirk Brian Palmer Thomas Troisi Elizabeth Alteria Tommie and Ezra Brown CowanPerry, PC
Kent Kiser Phi Chi Theta Union Bank & Trust Jennifer Altman Eric Bucey and Dannah Card Kay Craigle
Scott Kiser Bob and Debbie Piscura United Way of Montgomery, Susan Anderson Emily Buckland Don Creamer
Dwayne and Pat Kittle Ray and Linda Plaut Jeff Armistead Jason Buckland R. Gary and Janet Cross
Chris and Jennifer Kiwus Felice Proctor Radford and Floyd Harley and Beth Ashe Richard Burian Richey and Judy Davis
Nancy Kolb Carolyn Quinn Virginia Tech Foundation Megan Atkinson Bonnie Butler Amy Dawson
Carol Lavinder Radford University Virginia Tech Women’s Club Susan Austin Cabo Fish Taco Kathryn Dowling
Ed and Karen Lawhorn Kenneth Walker Lois Badey Susan Caceci Downtown Blacksburg Inc.
Alan and Debbie Leet Panhellenic Council Loretta Walker WD Bane Jack and Debra Call Catherine DuBreuil and
Michael and Carlotta Lewis Jim and Janet Rakes Xiao-Wei Wang Mark Benson Carol Carper
William Lewis Kamran Razvan Peter and Barbara Suzanne Bentley CJ Carter and Erin Byers Joseph Merola
Jim and Roberta Littlefield David and Judie Reemsnyder Jonathan Black Clem Carter Harris Dunbar
James Loux Jenny Riffe Weimerskirch Blacksburg Partnership The Cellar Kristi Eaton
Jim and Gail Lucas David Riggan and Glenna Lindsay West Patricia Ceperley John and Peggy Eaton
Robert Martin II Lee and Anne Wheeler Foundation Winston and Kathy Faust
Kelly and Susan Mattingly Racer-Riggan Joel and BJ Williams Robert Blackwell
William McWhorter Rebecca Riley Joseph and Jessica Wirgau
Barbara Michelsen Mark Ringold and John Bob Youngs
Montgomery County
Tedesco
Educational Foundation Denton Roberts
James Montgomery Greg and Fran Rooker
Rotary Foundation
Carolyn Rude

29 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 30

SUPPORTERS . . .

Pierce and Nancy Felch William and Mary Lee Paul and Christine Lancaster All photos courtesy of Kerie LeeAnn Portraiture & Event Photography Piggy Bank and Coin Illustration © funkyboy2014 Montgomery County Riner Volunteer Fire Thompson & Griffin, PC
Beverly Fleming Hendricks Betty Larkin Christmas Store Department Joe and Margot Thompson
Penny Franklin Patricia Lavender Trula Tuck
Fringe Benefit Laura Hewitt Shirley Lendway David Moore Rich Rittenhouse Karen Turner
Kathleen Fullhart HHHunt Holly Lesko Kellie Morris Robert Roberts JoAnn Underwood
Tamara Ghosh Lynn Hill Karen Lewis Gloria Moses Alan Ronk Unitarian Universalist
Gillie’s John and Sharon Hillison Judy Lilly Ann Muncy Rotary Club of Blacksburg
Jon Catherwood-Ginn Charles and Diane Hoover L.P. Livesay Virginia Murphy Congregation
Sara Glesner John Hosner Bea Mahan Nancy Murray Foundation Ken and Mary Ann Walker
Diane Goff Charles and Mary Houska Carol Marchal Winifred Myers Lois Sanborn Richard and Alice Walker
Roger Gough Chia Hsiung and Laura Tze Marshall Marchman Paul and Elizabeth Nelson Deborah Schneller Teresa Walker
Kim Grace Laura Jacobsen Tina Martin Jerome and Ruth Ann Niles Lorenz and Allyne Schoff Jack Wall and Kamala Bauers
Lois Graham Brenda Jamison Jim and Sue McAlister Mary North Janet Selby Andrew and Peg Warren
Mike Grim Stephen Jamison Patsy McAlister John and Nancy Nowlin Sharkey’s Wing & Rib Joint Charles and Nancy Warren
Jake and Courtney Grohs Jim and Janet Johnson Robert and Carolyn McCoy Ellen O’Neil Laurie Shea Carol Washburn
Kurt and Karin Grosshans Rochelle Johnson Will and Doris McElfresh Thomas Patton Shelter Alternatives Keith Weltens
Frank and Judy Gwazdauskas April Jones Mike and Jan McGilliard Karl Pedersen Deborah Sherman-Lee Amy Westmoreland
Anna Hale Erma Jones Michael and Drema McMahon Shalini Perumpral Margaret Shuler Robert and Barbara Wheeler
Karen Hale Betsy Kammerer McMillion & McMillion, PC John and Kathy Pinkerton Frances Sims Angela Williams
Gary and Carol Hancock Susan Kelly Ruben Mendez Raymond Plaza Mary Skutt Elisabeth Willis
Barbara Harris Lucretia Kender Joe and Susan Meredith Jennifer Price Doug and Carole Smartt John and Anne Wisniewski
Maureen Harris Jane Keppel-Benson Kenneth Meyers Ryan Pry Bonnie Smith Craig and Sarah Woolsey
Jean Haskell Daisietta Kim Kristie Miller Laura Pynn Robert Smythers Linda Worley
Katherine Hawkins John King Patricia Miller Chad and Melissa Reed Arthur and Judith Snoke Edward and Ruth Yadlowsky
Anne Hazelton Lilly Kristensen Panthea Reid Cynthia Strock Marsha Zai
Debra Lacy Kathy Reynolds Jeff Stump
Minnis and Louise Ridenour George Swift
LIsa Thoma

31 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 32

BOARD OF DIRECTORS

Honored to serve the community of the
New River Valley

Nancy Eiss Ginny Gardner Karin Grosshans Gary Hancock Kate Hawkins
Associate Professor Retired Lead Guidance Vice President and Branch Attorney Dean, College of Humanities
Gilmer, Sadler, Ingram,
Emeritus of Education Counselor Manager and Behavioral Sciences
Radford University Floyd County Public Schools Skyline National Bank Sutherland & Hutton Radford University

PRESIDENT
VICE PRESIDENT
SECRETARY
TREASURER

Courtney Grohs Ed Lawhorn Terri Fisher Doug Thompson Pat Huber Pat Hyer Carlotta Lewis Barbara Michelsen John Muffo
Instructor NRV Market Executive Outreach & Projects Vice President and President Retired Associate Provost Retired Check Processing Retired Director Retired Director of
Virginia Tech Honors Union Bank & Trust New River Community Virginia Tech YMCA at Virginia Tech
Coordinator NRV Senior Credit Supervisor Academic Assessment
Program Community Design Administrator College Radford University Programs
Carter Bank & Trust Virginia Tech
Assistance Center

Paula Alston Eric Bucey Eric Chapman Brad Denardo Illustration © nightwolfdezines
Retired Director Executive Director Attorney President and CEO
Montgomery-Floyd Regional Beans & Rice, Inc. CowanPerry, PC National Bank

Library Trish Muldoon Chad Reed Andrew Warren Peter Weimerskirch
Retired Counselor Director of Budget and Planning Director Retired Physician Emergency
Giles County Public Schools Town of Christiansburg
Financial Planning Medicine
Radford University
33 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 34

VOLUNTEERS STAFF

COUNCIL OF FORMER DIRECTORS COMMUNITY ADVISORS

Individuals who have completed their service on the Community Advisors are an essential part of the
Board of Directors may be invited to serve on the Community Foundation’s leadership, serving
Council of Former Directors and actively participate actively on standing committees and participating
in CFNRV events and serve on committees. These in all CFNRV events.
individuals provide valuable experience and institutional
knowledge.

C. Barry Anderson Robert K. Miller Jay Abbott Barry Hollandsworth Jessica Wirgau, Ph.D. Kim Thurlow Laura Pynn Delie Wilkens
Marilyn Buhyoff Robert Nicholson, III Mike Burton Marilyn Hutchins Executive Director Director of Community Administration & Programs Program Coordinator,
Jackie Crenshaw Beth Obenshain Erin Byers Tacie Jones GiveBigNRV
Peggy Eaton Bob Piscura Kim Carlson Dave Marone Programs Manager
Steve Gerus Doug Smartt CJ Carter Jim McAlister
Hugh Jenkins Chris Thompson Alan Fabian Pat Morris We would be happy to tell you more about our organization and the work we do. Contact The Community Foundation
Reed Kennedy Lindsay West Bill Gardner Rhonda Poindexter of the New River Valley at our Christiansburg office or check our website for further information.
Dwayne Kittle Joel Williams Ellen Garren Terrie Sternberg
Hing-Har Lo John Hillison Eric Webster-Garrett 540.381.8999 / [email protected] / WWW.CFNRV.ORG

EXECUTIVE DIRECTOR EMERITUS Since the early work of the founders of the Community Foundation of the New River Valley, the focus has been on
building a better community, for now and for the future. Our values of transparency, sound financial stewardship,
Andy Morikawa served as the Community Foundation’s Executive Director from 1997 to 2010, leaving a legacy focused and leadership in service to community are a critical part of our interaction with organizations, donors, and our
on building the capacity of NRV nonprofits to respond to increasing and evolving needs. Upon his retirement from the broader region. We are a publicly supported, nonprofit organization classified as a 501c3 by the Internal Revenue
CFNRV in 2010, he was awarded the designation of Executive Director Emeritus by the Board of Directors, giving him the Service (IRS). All gifts to the Community Foundation are tax-deductible as allowed by law.
opportunity to remain involved with the CFNRV by serving on committees or working on special projects at the invitation
of the Board and/or the Executive Director. The CFNRV is confirmed in compliance with the Council on Foundation’s National Standards for Community
Foundations, a prestigious designation demonstrating excellence in philanthropic practice. Visit our website to learn
35 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY more at www.cfnrv.org.

2016 ANNUAL REPORT 36

2016 P L AT I N U M OUR SPONSORS
FINANCIAL INFORMATION
Corning Incorporated Foundation The CFNRV relies on both financial and
LewisGale Hospital Montgomery in-kind contributions from local businesses
and organizations to support our programs
Union Bank & Trust and operations. We would like to thank all
those that helped to make GiveBigNRV, the
Annual Meeting, and the Third Thursday
Society possible in 2016.

FINANCIAL POSITION STATEMENT STATEMENT OF ACTIVITIES

ASSETS REVENUES

CURRENT ASSETS 30,376 Contributions 751,012 GOLD
Cash & Cash Equivalents 520 Fundraising Events 675
Other Current Assets Grant Income Cumulus Blacksburg
30,896 Life Ins Surrender Value Chg 25,133 First Bank & Trust
Total Current Assets Investment Return -801 JSW Financial
849,107
ENDOWMENT INVESTMENTS 7,762,728 Total Revenues 427,735 JustRight Audio Visual
Cash & Cash Equivalents 8,611,835 Radford University Panhellenic Council
Marketable Securities 1,203,754
37,493
Total Endowment Assets 30,000 EXPENSES
67,493
OTHER ASSETS 8,710,224 PROGRAM EXPENSES 4,835
Life Insurance Surrender Value Special Grants & Fiscal Spon Exp 536,796
Real Estate 1,439 Grants & Scholarships
0 541,631
Total Other Assets Total Liabilities
7,169
TOTAL ASSETS 8,608 Administrative Expenses 316,393
Real Estate Expense 192

Total Expenses 858,216

LIABILITIES CHANGE IN NET ASSETS 345,538

CURRENT LIABILITIES 8,356,078 SILVER
Accounts Payable Net Assets - Beginning of Year
Accrued Payroll Bank of Floyd
Payroll Tax Liabilities Payable Net Assets - End of Year 8,701,616 (now Skyline National Bank)

Total Liabilities Blacksburg Partnership
CowanPerry, PC
NET ASSETS Flag illustration vecteezy.com Old Town Printing

Unrestricted Net Assets: Operating 53,669 The financial information above has not been audited. Red Element Graphics
Temporarily Restricted 1,423,107 Copies of the 2016 audited financial statements and Rocky Acres
Permanently Restricted 7,224,840 IRS Form 990 prepared by Brown Edwards & Company
8,701,616 L.L.P. are available upon request. Thompson & Griffin, PC
Total Net Assets Wordsprint
8,710,224
TOTAL LIABILITIES & NET ASSETS

37 THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY 2016 ANNUAL REPORT 38

Non-Profit Organization
U.S. Postage Paid
Blacksburg, VA
Permit No. 36

990 Cambria Street NE • P .O. Box 6009 • Christiansburg, VA 24068-6009

POLICE

Printing of the 2016 Annual Report is made possible with individual and corporate contributions to The Fund for the NRV.