Our Thank You luncheon provides the opportunity to thank everyone who supports our nonprofit community, to honor our grant recipients and to celebrate the successes of the past year. Nearly 100 members of our community gathered for lunch at the Shenandoah Lodge at Lake Frederick on Wednesday, September 25. Attendees enjoyed lunch and networking opportunities, and twenty eight area nonprofits received $44,000 in grants from the Cochran Family Youth Fund and the Paul and Martha Rees Fund.
Community Foundation Highlights
Additionally the CFNSV celebrated a historic year of growth at the luncheon. Since last year at this time, the CFNSV has helped to return more than $273,000 to the community. This was a 19 percent increase from the previous year. Additionally, CFNSV saw a 62% increase in its total fund value in one year with nearly $5.7 million in 115 funds.
Other highlights of the past year include:
- Increased efficiencies with new integrated community foundation software
- Implementation of a donor portal that allows online access to a donor’s funds
- Ability to offer non-endowed agency and donor-advised funds
- Increased donor flexibility with three new investment portfolios
- A grant portal to manage the full grant process and facilitate a larger number of competitive grant programs
CFNSV thanked the Rotary Club of Winchester for their selection of the Community Foundation as the recipient of their 2017 golf tournament. The proceeds from this tournament helped to purchase new accounting and grant management software. This new software was crucial to the Community Foundation’s success during the past year.
Additionally, CFNSV recognized their annual sponsors who’s support provided critical resources to support the Community Foundation’s growth. Sponsors included: Allen Properties, Byron Brill and Kathy Kanter, Steve and Terry Cluss, First Bank, H.N. Funkhouser & Company, Tech Team Solutions, LLC, Valley Health, Valley Proteins, Yount, Hyde and Barbour, CPA’s, The Winchester Group, Via Satellite, Marlow Investments, L.C. , Shenandoah Valley Westminster-Canterbury, United Bank, Randolph Macon Academy, Rotary Club of Front Royal, Royal Cinema, Edward Jones, Doug and Jenny Stanley and Larry and Cathy Weiss.
The Thank You Luncheon was sponsored by the CFNSV Board of Directors.