2010 HIGHLIGHTS
On January 1, 2010 a merger of The Norfolk Foundation and The Virginia Beach Foundation created the Hampton Roads Community Foundation – the region’s largest grant and scholarship provider.
DURING 2 01 0 WE :
u Awarded more than $12.3 million in grants and scholarships to improve life throughout Southeastern Virginia u Helped 335 students pay for college with help from Foundation scholarships u Received more than $10.8 million in gifts from 444 donors
u
Welcomed donors who created 15 new permanent charitable funds. New funds are:
Batten Fund for the Academy of Music* – a designated fund started as part of the Batten Endowment Challenge to benefit the academy
Black Creek Baptist Church Endowment Enhancement Fund – a designated fund to benefit the church
Julia Atwater Bristow Fund – a scholarship fund for Norfolk and Eastern Shore public high school graduates attending secular colleges
Cherrystone Fund – a donor advised fund
Equi-Kids Fund – an organizational fund to benefit the therapeutic riding organization for disabled people
Franklin-Southampton County Relay for Life Endowment Fund – a designated fund to benefit this American Cancer Society activity
Friends of Northampton Free Library Fund – an organizational fund started as part of the Eastern Shore of Virginia Community Foundation Gabrielle P. Hubbard Fund – a designated fund to benefit The Williams School Harry E. and Martha Lee McCoy Fund – a donor advised fund
Ocean Lakes Scholarship Fund – to help Ocean Lakes High School graduates from Virginia Beach study science, technology, engineering or mathematics in college Jean C. Old Fund – an unrestricted fund that will provide grants to a variety of nonprofits
Taylor Brothers Fund for Scholarships – a designated fund to provide scholarships at Norfolk Academy Christiane and James Valone Charitable Fund – a donor advised fund
The Virginian-Pilot Fund – a field of interest fund to support technology needs at the Colonel Samuel L. Slover Main Library in Norfolk
Weisberg and Clark Scholarship Fund – to help South Hampton Roads students attending college
*The Batten Endowment Challenge helps selected nonprofits promote educational achievement in children and youth by establishing a $1 million endowment for them. Recipients who raise additional donations will receive up to $500,000 in additional matching grants from the Batten Educational Achievement Fund of the Hampton Roads Community Foundation.
About the Cover: Everything we do at the Foundation focuses on making a better world for Hampton Roads’ children. Serah Christian, 5, and her preschool classmates are flying high at Childcare Network in Virginia Beach. Serah will head to kindergarten this fall ready to succeed in life thanks in part to more than $8 million in grants the Hampton Roads Community Foundation has invested in Smart Beginnings South Hampton Roads in the past decade. (See page 28). Photo by Glen McClure.
Table of Contents 4
Grants
16 Scholarships
19 Financial Statement
20 Affiliate Foundation 22
Legacy Society for Hampton Roads
26 Join Us
28 How to Give
29 Frequently Asked Questions 30
Where Our Grants Come From 37
Apply for Funding 40
Donors 46
Board and Staff
47 Committees
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