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2007 Annual Report

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F R E S N O R E G I O N A L F O U N D A T I O N

5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG 2 0 0 7 A N N U A L R E P O R T


Energy and Commitment Flow in our FRESNO REGIONAL FOUNDATION
Allstars for Philanthropy
F R E S N O R E G I O N A L F O U N D A T I O N

2007
annual report

TABLE OF CONTENTS

board FRESNO REGIONAL FOUNDATION BOARD OF DIRECTORS 2


plan VISION PLAN FOR TOMORROW 3
foundation IMPROVING LIVES THROUGH PHILANTHROPY 4
funds FUNDING OUR COMMUNITY 6
grantees
scholarships
donors
NEARLY $4 MILLION FOR CENTRAL VALLEY

EDUCATION – INVESTING IN THE FUTURE

THANK YOU DONORS


8
11
13
contents
partners PARTNERS FOR PROGRESS 15
financial 2007 FINANCIAL REPORT 16

1
MISSION
CONTROL FRESNO REGIONAL FOUNDATION
BOARD OF DIRECTORS

B O A R D M E M B E R S
STANDING:
Jeffrey Jaech, John Horstmann, Hon. Brad Hill, Arthur Wint, Walter Cucuk, William Lucido,
C. Ray Steele Jr., Don Schafer.

SEATED:
board

Dewey Slater, Joan Eaton, O. James Woodward III, Chris Rogers, Dan DeSantis, CEO,
Mariam Stepanian, James Hallowell, Fausto Hinojosa.

NOT PICTURED: HONORED EMERITUS MEMBERS


Angie Cisneros and Patricia Tom. Chris Rogers
O. James Woodward III

P A S T B O A R D M E M B E R S
Michael Adams, M.D. Carol Brylka Hon. Donald R. Franson Jr. Hon. Annette LaRue Gerald Slater*
William J. Anderson III* Vernon M. Crowder Dan Foley William Lyles Gloria Smith
Paul Asperger Carol Dau* Judy Ganulin Kendall L. Manock Malcolm H. Stewart
Lynne Ayers-Ashbeck, M.S., R.D. Jamie Davidson Hilliard Giffen* Virginia Meux John S. Stoughton*
Armen Bacon Octavia Diener Price Giffen* Hon. Robert H. Oliver Gerald L. Tahajian
Larry Balakian Robert E. Duncan Richard V. Gunner Arlynne Patton Harold V. Thompson*
C.J. Peter Bennett Lewis S. Eaton* Carole Harris Leon S. Peters* Elaine Trevino
John Blossom, M.D. Jose A. Elgorriaga Lynn D. Hemink, Ph.D. Chris Rogers Valerie Vuicich
William Boggs* Lowell Firstenberger* Robert Jennings Morton Rosenstein, M.D. Joe Williams
Shirley A. Brinker Donald R. Fischbach Rosellen Kershaw T. Newton Russell* O.J. Woodward*
Marilyn Brown Susan Fisher Harry Kubo* Rudy Savala Houa Wa Yang

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*Deceased
VISION
plan for
TOMORROW
With the help of both the James Irvine Foundation and the William & Flora Hewlett Foundation, we embarked upon this
much needed project under the guidance of Sutherland & Edwards, a Bay Area consulting firm specializing in foundation
development. Many hours of diligent work by consultants, board members, and the staff resulted in a solid road map that
we are all very proud of and confident will guide us well into the next decade.
STRATEGIC PLAN SUMMARY JANUARY 2008 THROUGH DECEMBER 2010
VISION STATEMENT
To be the trusted philanthropic leader in the transformation of the Central San Joaquin Valley
MISSION STATEMENT
The mission of the Fresno Regional Foundation is to improve the quality of life in the Central San Joaquin Valley through
philanthropy.
VALUES
In all its work, the board and staff of the Fresno Regional Foundation seek to exemplify
Integrity – Inclusion – Excellence – Stewardship – Visionary Leadership
GOAL GOVERNANCE
Achieve an informed, engaged and connected Board of Directors that effectively governs the Fresno Regional
Foundation.
GOAL ASSET DEVELOPMENT
Strategically grow assets in a way that both responds to the needs of the Central San Joaquin Valley and is
economically sustainable to Fresno Regional Foundation.
GOAL GRANTMAKING
Develop a strategic grantmaking program that is broad-based, fair and transparent; that enhances Fresno Regional
plan
Foundation’s credibility; and that is responsive to community needs.
GOAL MARKETING, VISIBILITY AND COMMUNICATIONS
Increase the visibility of Fresno Regional Foundation with targeted audiences to grow the foundation and enhance
its reputation for credibility, relevance, integrity and value.
GOAL COMMUNITY LEADERSHIP
Adopt a limited focus on community leadership during the strategic plan period.

3
ABOUT THE FRESNO REGIONAL FOUNDATION

OUR MISSION fit your unique financial and charitable interests. You can give
now, or include a gift as part of your estate planning. We are here
To improve the quality of life in our community through
to help. We can work with you and your lawyer or financial advisor
philanthropy.
to help you choose the giving strategy that is right for you.
Established in 1966, Fresno Regional Foundation is a nonprofit
Together, we all help build a healthy, vibrant and prosperous
community foundation serving California’s Central San Joaquin
foundation
community.
Valley. We work to improve lives in our community by encouraging
philanthropy. We provide unique opportunities for individual
donors, families, businesses, and other foundations to invest in MEMBERSHIPS AND AFFILIATIONS
programs that address a wide spectrum of economic, social, ■ National Council on Foundations
educational, cultural and environmental needs. With over 150 donor ■ League of California Community Foundations
advised funds, field of interest funds, designated funds, schol- ■ The Maddy Institute
arship funds, and Funds for the Common Good, the Foundation ■ San Joaquin Valley Planned Gifts Council
is the trusted steward of charitable giving in the region. ■ National Committee on Planned Giving
■ Fresno Coalition for Arts, Science & History
COMMUNITIES WE SERVE ■ Fresno Nonprofit Advancement Council
■ The Greater Fresno Area Chamber of Commerce
Fresno Regional Foundation is the leading philanthropic
resource for communities throughout the Central San Joaquin
Valley. We serve six counties, with a population of more than GIVING NOW
two million people, covering 17,000 square miles: ■ You can give many different kinds of charitable assets as an
■ Fresno County ■ Kings County ■ Merced County outright gift to the Foundation.
■ Madera County ■ Tulare County ■ Mariposa County ■ For appreciated stock or qualified retirement assets, a direct
transfer will deliver maximum tax advantage.
GIVING ■ Many people prefer the ease and convenience of the inter-
Fresno Regional Foundation offers many ways to give. We serve net. To meet this need, the Foundation offers a new oppor-
as a bridge connecting philanthropy to community-based organ- tunity for online donations. Our online donation service
izations that provide programs and services throughout the San provider produces a secure and safe method for the
Joaquin Valley. Our flexible giving options can be customized to Foundation to receive donations online.

4
improving
LIVES through philanthropy
PLANNED GIVING ■ DONOR ADVISED FUNDS
offer a personalized approach to giving
You can accomplish a range of financial and charitable goals
with planned gifts. ■ AGENCY FUNDS
provide a simple, efficient way for nonprofits to create
■ BEQUEST BY WILL
sustainability
After assuring that their loved ones have been cared for,
many donors choose to leave their charitable assets upon ■ SUPPORTING ORGANIZATION FUNDS
their deaths. are a high-impact, low-hassle alternative to private
foundations
■ CHARITABLE TRUST
We can help you provide for family and charity by setting ■ SCHOLARSHIPS
up a charitable trust. invest in deserving students

foundation
■ BENEFICIARY DESIGNATION ■ TRIBUTE GIFTS
For qualified retirement plans and life insurance policies, honor community members and commemorate important
you can designate the Foundation as the beneficiary. events
■ CHARITABLE GIFT ANNUITY
You can arrange a generous gift to the community, while POWER OF ENDOWMENT
providing lifetime income for you or another beneficiary. With Fresno Regional Foundation, you can support our com-
munity forever with a permanent endowment. Endowments allow
PRIVATE FOUNDATION ALTERNATIVES individuals, families, organizations and business to ensure lasting
Fresno Regional Foundation donor advised funds and supporting impact through preservation of principal and only granting
organizations offer easy, affordable, lasting alternatives to private funding of earned interest and dividends.
foundations.
YOUR GIFTS – YOUR LEGACY
TYPES OF FUNDS By endowing your gifts today, you can make a difference in our
community during your lifetime and provide a gift that lasts
■ UNRESTRICTED FUNDS
forever. We’ll make grants in the name of your fund forever.
meet ever-changing community needs
We’ll always honor your charitable wishes, even if an organization
■ FIELD OF INTEREST FUNDS receiving grants ceases to exist in the future.
connect personal values to high-impact opportunities
■ DESIGNATED FUNDS
help local organizations sustain and grow

5
FUNDING
our Community

Fresno Regional Foundation provides different types of


funds and opportunities to support our community.

DONOR ADVISED FUNDS Paul E. W. & Elizabeth B. Read Fund Tekla Johnson Charitable Fund
Tom and Louise Richardson Fund Latino Center Fund
Anonymous Funds
Rosenstein Charitable Fund Mental Health America of the Central Valley
Bradford & Diane Anderson Family Fund
Donald J. & Alice B. Schafer Fund Shinzen Friendship Garden Endowment Fund
George & Desa Belyea Charitable Trust
Michael J. & Rhonda E. Schafer Fund Sierra Foothill Conservancy Fund
Bennett Family Foundation Fund
Elizabeth Luanne Silkwood Fund Sisterhood of Survivors
Blossom Family Fund
Leo & Evelyn Weil Family Fund Tower Trust
Don and Ruth Bricker Endowment Fund
O.J. Woodward III Fund United Cerebral Palsy of Central Calif Fund
Deborah Anne Busick Fund
Jack and Bernice Woolf Family Fund Westside Tule Enterprise Community
Caravan Fund for Children
Phyllis B. & Robert G. Wright Fund
Community Development Fund
Gary & Carol Yoder Foundation FUNDS DESIGNATED FOR
George and Evelyn Ducoff Endowment Fund
Irma & Donald Franson Family Fund
SPECIFIC PROJECTS
FUNDS DESIGNATED FOR Art At The Airport Fund
Judy and Jim Ganulin Family Fund
Guarantee Goodwill Network Fund
SPECIFIC ORGANIZATIONS Hope for the Holidays
Eric K. Hansen Memorial Fund Agatha Farms, Inc., Waterfowl Habitat Fund Valley Visions Fund for UCSF Fresno
Harris Farms Charitable Fund Armenian Library Museum & Cultural Center Howard K. Watkins Photographic Archive Fund
Richard and Eleanor Holt Fund Break the Barriers Fund
David & Carolyn Johnson Family Fund Bullard Foundation for Academic Excellence COMPETITIVE GRANTING
funds

LeRoux Family Fund Cancer Care Associates Fund Arts and Cultural Advancement Fund
William S. and Elizabeth S. Lucido Fund CASA of Fresno and Madera Counties Human Services Fund
Lyles Diversified Charitable Fund Central California Latina Network Fund Youth Advancement Fund
Lyles Foundation Donor Advised Fund Central California Writers Fund
Elizabeth V. Lyles Fund Economic Development Corporation Fund FIELD OF INTEREST FUNDS
Gerald and Nanette Lyles Donor Advised Fund Exceptional Parents Unlimited Fund
ACT Endowment Youth-Based Programs Fund
Jerry Lyles Fund Fitness Council Fund
Air Quality Fund
Will and Tami Lyles Fund Focus Forward Fund
Art Education Fund
Mr. & Mrs. William M. Lyles Fund Fresno Leading Young Professionals
Arts to Zoo Fund
Ann Lyles-MacPhail Charitable Fund Fresno Business Council Fund
Lee and Shelley Ayres Music for Children Fund
Matty Matoian Fund Fresno Madera Continuum of Care Fund
Mae Bell Fund for Care of the Elderly
Jane Porter Fund Friends of the Fresno County Library Endowment
Blue Cross Rural Health Initiative Fund
Katherine Porter Fund FSU Swim Fund
Children’s Health Benefits Fund
T. W. Porter Fund Heritage Fresno Fund
Community Education and Leadership Fund

6
Crisis Fund for the Central Valley Minnie R. Gundelfinger Fund for Human Services SUPPORT ORGANIZATION
Departed Angels Fund Hispanic Employees Association of PG&E Fund
Lyles Support Organization
Forward Fresno Foundation Parkinson’s Support Fund
Fresno Unified School District Education Foundation Clare Lauche Porter Charitable Dance Fund
BOARD DISCRETIONARY FUNDS
Fresno Unified School District Scholarship Fund Psychiatry Training Program UCSF Fresno Fund
Friends of Fresno State Fund Fred Rau Charitable Fund for Neglected Children Administrative Endowment Fund
GABY-Grants Advisory Board For Youth Raymond Harvey Music Fund Bee Endowment Fund
Elka Gundelfinger Memorial Cultural & Health Care Fund John D. Romano Friends of the Sightless Berven Charitable Fund
Louis Gundelfinger Memorial Fund for Parks and Music Teen Pregnancy Prevention Fund Board of Directors’ Fund for the Common Good
Lulu & Herbert Gundelfinger Memorial Fund for Arts Youth Education Endowment Fund George W. Sims Undesignated Endowment Fund

George and Evelyn Ducoff Endowment Fund


Mrs. Evelyn Ducoff opened an endowed Donor Advised Fund with the intention of recommending grants to the Chawanakee
Unified School District in Madera County to support art and education programs. After her husband, George Ducoff, passed
away, Mrs. Ducoff wanted to leave a permanent legacy in both their names that benefited the community they deeply love.
Working with her accountant, she found that making a gift to the
Fresno Regional Foundation now would not only give her maximum
tax savings, but also allow her to enjoy being actively involved in
making grants to support art and education in the Chawanakee
Unified School District.

funds
7
nearly
$4 MILLION
Fresno
Madera
Kings
for Central Valley
Tulare In 2007, the Fresno Regional Foundation
Merced granted nearly $4 million dollars to
Mariposa
organizations working in our six
counties of the Central Valley.

Cottons Journey Education Program Bulldog Foundation


Craig School of Business City of Fresno, Parks and Recreation Dept.
CSUF Foundation College Golf Fellowship
CSUF Foundation-President’s Fund Edison Babe Ruth Baseball Association
GRANTS AWARDED BY CSUF-Lyles Center for Innovation and Fresno Chaffee Zoo
PROGRAM AREA: Entrepreneurship Fresno Police Activities League
Edison High School Fresno Zoological Society
ARTS AND CULTURE Encourage Tomorrow High Desert Youth Soccer League
First 5 Madera County Hoover High School
Alta Historical Society
Focus Forward Junior Golf Association of Northern California
Armenian Heritage Museum
Foundation For Economic Education Pacific Service Employees Association
Avenal Historical Society
Fresno Christian Schools San Joaquin River Parkway Trust
Fresno Art Museum
Fresno Historical Society Shinzen Friendship Garden, Inc.
Fresno Choral Artists
Hollis G. Best Scholarship Fund Sierra Foothill Conservancy
Fresno Community Chorus
Hoover Institution at Stanford University Spring Valley Lake Little League
Fresno International Grand Opera
KIPP Academy Fresno Tree Fresno
grantees

Fresno Metropolitan Museum


Latino Center Fund
Fresno Philharmonic HEALTH AND WELLNESS
Livestock Memorial Research Fund c/o California
Fresno Piano Scholarships
Cattlemen’s Association All About Care
Judah First Church Drumming Program
Lowell Neighborhood Resource Center Alzheimer's Association
Junior Company Foundation
Mount Holyoke College American Cancer Society Fresno
Music Performance Foundation of Central CA
NMA Scholarship ARC Fresno
Sierra Chamber Opera
One by One Leadership, Inc. Assistance League of Fresno
Symphony League
Palm Springs Historical Society Breast Cancer Resource Center
The Ruth & Sherman Lee Institute for Japanese
Pop Laval Foundation Camp Sunshine Dreams
Culture
Purdue Foundation Cancer Care Associates
Valley Public Television, Inc.
Read Fresno Center for Independent Living Fresno
Howard K. Watkins Photographic Archive Fund
Reedley Historical Society Children’s Hospital of Central California
Woodward Shakespeare Festival of Central CA
Stanford University Foundation
EDUCATIONAL State Center Community College Foundation Comprehensive Youth Services, Inc.
Sunnyside High School Diabetic Youth Foundation
Alpha Xi Delta Foundation UC Davis Foundation-Davis Chancellor’s Club Doctors Without Borders USA
American Indian College Fund UC Merced - Financial Aid & Scholarships Easter Seals Central California
California Foundation for Agriculture in the Valley Arts & Science Academy Enloe Foundation
Classroom Valley Public Television, Inc. Exceptional Parents Unlimited
Carolina First Viking Elementary Fresno Survivors of Suicide Loss
CART Westminster Christian Preschool Greater Fresno Parkinson’s Support Group
Center for Multicultural Cooperation
Hanford High School
Central East High School ENVIRONMENTAL AND RECREATION Healthy Smiles Mobile Dental Foundation
Central Valley Educational Leadership Institute
Animal Rescue of Fresno Hinds Hospice
Cor Jesu Academy
Ayso Region 665 Horses of Mercy Village Inc.
CORAL

8
Sunnyside High School Photography Lane Family Funeral Home
Latino Center Fund
The Sunnyside High School Photography Program applied to Fresno Madera Rescue Mission
Regional Foundation during the 2007 competitive grant cycle and was Ramona Children’s Charity
Rotary Club of Fresno
awarded $5,000 for new photo equipment and field trip expenses. Salvation Army
This school program inspires at-risk students to attend school every Samaritan Women
Stone Soup Fresno
day and envision themselves going on to a higher education. The Fresno Police Chief’s Foundation
United Way of Fresno County
Victim Offender Reconciliation Program of
Central Valley, Inc.
Volunteer Center of Fresno County
Woodlake Public Schools
World Vision International

HUMAN SERVICES –
IMMEDIATE NEEDS
American Red Cross Fresno-Madera
Catholic Charities
City of Fresno, Parks and Recreation Dept.
Community Food Bank
Craycroft Center For The Children
Economic Opportunities Commission
Evangel Home, Inc.
Fresno Madera Continuum of Care
Fresno Rescue Mission, Inc.
Girl Scouts of America, Troop 157, Hanford
Madera Rescue Mission
Marjaree Mason Center, Inc.
Lindsay Healthy Start Family Resource Center Hispanic Employees Association of PG&E Fund Poverello House
Mental Health America of the Central Valley Hope for the Holidays Progressive Group Homes

grantees
Muscular Dystrophy Association Hope Now for Youth Trauma Intervention Program
National Prostate Cancer Coalition Hume Lake Christian Camps Union Rescue Mission
Pathways: A Foundation for UCP of CC Madera South High School Valley Missions, Inc.
Presbyterian Ear Institute McLane High School Triathlon Team Visalia Rescue Mission
Saint Agnes Foundation Merced Chapter California Youth Connection
Sisterhood of Survivors Fund New Life for Girls COMMUNITY SUPPORT AND
Team Continuum Inc. New Life Urban Strategies DEVELOPMENT
The Epilepsy Foundation Planned Parenthood Mar Monte Accuracy In Media
The Smile Train Sequoia Council Boy Scouts of America Alliance Defense Fund
UCSF Medical Education Program Slater Soaring Eagle American Center for Law & Justice
United Cerebral Palsy of Central California Sunnyside High School Celebrate Wellbeing
Valley Visions Fund United Way of Fresno County Central Valley YMCA
US Fund for UNICEF Chinatown Revitalization, Inc.
YOUTH DEVELOPMENT Valley Teen Ranch Coalition for Urban Renewal Excellence (CURE)
Big Brothers Big Sisters of Fresno, Kings and Youth Leadership Institute CSUF Foundation
Madera Counties Zimmerman Boys & Girls Club Eagle Forum
Boy Scouts of America East Bay Community Foundation
Boys & Girls Club of Tulare County HUMAN SERVICES SUPPORT Edwin J. Gregson Foundation
Boys & Girls Clubs of Fresno County Angel Tree Evangelicals for Social Action
Boys 2 Men-Girls 2 Women Foundation CASA of Fresno and Madera Counties Foundation West
Break the Barriers Fund Central California Nikkei Foundation Fresno Business Council Fund
Bullard High School Economic Opportunities Commission Fresno Leading Young Professionals
Dare to Dream Malaga Fresno Business Council Fund GABY - Grants Advisory Board for Youth
EOC Sanctuary Youth Project Fresno Pacific University Foundation Great Valley Center
Girl Scouts Golden Valley Council Habitat for Humanity Greater Fresno Area Chamber of Commerce

9
GRANTS AWARDED BY PROGRAM AREA (continued)
Heritage Foundation Camp San Joaquin Action Commission Love Worth Finding Ministries
Interfaith Youth Alliance Campus Crusade for Christ International Mission Aviation Fellowship
IRO Soararsis Catholic Charities Mount Hermon Association
Leadership Institute Catholic Foundation of Santa Clara County New Harvest Church
National Right to Work Legal Foundation Champions for Life Our Savior Catholic Center
One by One Leadership, Inc. Christian Berets Parents Television Council
Pacific Legal Foundation Christian Broadcasting Network, Inc. Peoples Church of Fresno
Parents Television Council Concerned Women of America Race Track Chaplaincy of America
San Francisco Foundation Crystal Cathedral Hour of Power Reason to Believe
San Joaquin Valley Town Hall Inc. Evangelical Free Church of Fresno Shining Light Ministries
State Center Community College Foundation
Every Nation Campus Ministries Sonrise Christian Fellowship
The Maddy Institute
Family Leadership Connection St. Columba’s Episcopal Church
Tor House Foundation
First Presbyterian Church St. Helen’s Catholic Church
United Way of Fresno County
Valley Public Radio KVPR FM 89 Focus on the Family St. James Episcopal Cathedral
Valley Public Television, Inc. Friends of Kiev Christian Academy St. Lucy Parish
Visalia Rotary Community Foundation Grace Ministries International Temple Beth Israel
Horn of Africa Mission The Salvation Army, Sierra del Mar
FAITH SPECIFIC SUPPORT InterVarsity Christian Fellowship The Well Community Church
American Family Association Jewish Federation Wycliffe Bible Translators
Billy Graham Evangelistic Association Link Care Counseling Foundation Youth For Christ

In 2007, the Fresno Regional Foundation offered competitive


and discretionary grants cycles for our Arts to Zoo and
Youth funding. The following organizations were
awarded for a combined total of $349,878:
CRISIS RESPONSE FUND Hanford High School $1,800
Interfaith Youth Alliance $1,200
Catholic Charities response to 2007 Freeze Crisis $25,000
grantees

Judah First Church $2,000


Economic Opportunities Commission-
Madera South High School $2,000
assistance to local farmers $20,000
Merced Chapter California Youth Connection $2,000
Total Crisis Response Funding $45,000 Slater Soaring Eagle $500
Sunnyside High School $1,500
ARTS TO ZOO FUNDING Youth Leadership Institute $1,168
Zimmerman Boys & Girls Club $400
Fresno Coalition for Arts, Science & History (KVPT) $50,000
Central Valley Educational Leadership Institute $10,000 Total Gaby Advisory Board Funding $16,686
Pop Laval Foundation $10,000
Lowell Neighborhood Resource Center $9,000 YOUTH ADVANCEMENT FUNDING
Chinatown Revitalization, Inc. $5,000 Big Brothers Big Sisters of Fresno, Kings and Madera Counties $30,000
Fresno Philharmonic $5,000 Boys & Girls Club of Tulare County $30,000
Sunnyside High School $5,000 CASA of Fresno and Madera Counties $23,000
Animal Rescue of Fresno $3,500 Comprehensive Youth Services, Inc. $30,000
San Joaquin Valley Town Hall Inc. $2,500 Edison High School $15,192
Total Arts to Zoo Funding $100,000 Encourage Tomorrow $30,000
New Life Urban Strategies $15,000
GRANT ADVISORY BOARD FOR YOUTH FUNDING Total Youth Advancement Funding $173,192
Bullard High School $1,000 FUND FOR THE COMMON GOOD
Bullard High School Earth Club $680
Central East High School $1,300 City of Fresno, Parks and Recreation Warming Centers $5,000
Dare to Dream Malaga $150 Community Food Bank Food for Holiday Meals $10,000
Girl Scouts of America, Troop 157, Hanford $988 Total Funding for the Common Good $15,000

10
investing in the FUTURE
SCHOLARSHIP RECIPIENTS 2007
2007 Bob Mathias Scholarship Recipient
Bob Mathais Tulare Union High School Memorial
Scholarship Fund Miguel Ochoa
College Bound Tulare High Students The Bob Mathias Scholarship
Ms. Larissa Maichrowiez California State University, Fresno has helped me and my family
Tulare, CA, Tulare High School tremendously. It helps me pay
Mr. Miguel A. Ochoa Cal Poly for my tuition, which allows me
Tulare, CA, Tulare High School to focus more on my studies. My

scholarships
family and I are truly grateful for
BOB MATHIAS the Bob Mathias Scholarship; it
has brought me closer to achiev-
Bob Mathias lived an
ing my academic aspirations.
extraordinary and fulfilling
life that has inspired many
to persevere against great
odds. In 1948, at the
Beatrice Denke Woodward Scholarship Fund
young age of 17, Mathias
Attending Students of San Joaquin Memorial
made a name for himself
Mr. Jared Linney San Joaquin Memorial High School
winning the Olympic Fresno, CA, San Joaquin Memorial High School
decathlon gold medal in
London, England. In 1952, Booth Family Scholarship Fund
at the Olympics in Helsinki, Finland, he repeated his victory College Bound Children of Booth Employees
and set an Olympic and world record. Ms. Laura Adams Fresno Pacific University
Among many other great achievements Mathias served Visalia, CA
four years in the U.S. House of Representatives, was Ms. Kristen Bernal Reedley College
Orange Cove, CA
awarded the Theodore Roosevelt Award, graduated from
Stanford with a B.A. in Education, and starred in four Ms. Amy Jewell California State University, Fresno
Fresno, CA
major motion pictures.
Ms. Christina Landeros Reedley College
Mathias grew up in the Central Valley and is a graduate of Orange Cove, CA
Tulare High School. Mr. Edgar Rodriguez Reedley College
On September 2, 2006, Bob Mathias passed away in his Reedley, CA
home in Fresno, CA. Ms. Maria Rodriguez Reedley College
Orange Cove, CA
In memory of Bob Mathias, his family and friends have
Ms. Blanca Rosas California State University, Fresno
established the Bob Mathias Scholarship Fund at the Orange Cove, CA
Fresno Regional Foundation. Ms. Juana Rosas Reedley College
Orange Cove, CA

11
Clarence & June Irwin Scholarship for Justice Pauline Davis Hanson Memorial
Riverdale High School Scholarship Fund
Graduating Riverdale High Students Law Students
Mr. Ashton Claborn Azusa Pacific University Ms. Megan Knize University of California, Davis School of Law
Riverdale, CA, Riverdale High School Davis, CA

Clark Jones Scholarship Fund for the Lee and Shelley Ayres Fund
Piano Students in the Fresno Area
Sunnyside Doctors Academy
University Bound Pre-Med Students Ms. Monet Timmons, Fresno, CA

Ms. Erica Cuevas University of California, Santa Barbara Ms. Melea Murdock, Fresno, CA
Fresno, CA, Sunnyside High School Ms. Jocelyn Sihathep, Clovis, CA
Ms. Lily Nunez University of California, Los Angeles Ms. Jessica McDuffee, Fresno, CA
Fresno, CA, Sunnyside High School
Mr. Colton McDuffee, Fresno, CA
Donald W. Ketscher Agricultural Memorial Mr. Jesse Cruz, Fresno, CA
Scholarship Fund Ms. Mariah Rae Galvan, Sanger, CA
scholarships
Graduating Reedley High Students Majoring in Agricultural Science
Ms. Jordan Maxfield, Kingsburg, CA
Ms. Jessica Mohler Reedley College
Mr. Tyler Golding, Fresno, CA
Orange Cove, CA, Reedley High School
Ms. Madison Lopez, Sanger, CA
Frank C. Gonder Memorial Scholarship Fund
Graduating Fresno High Students Masao and Hana Kimura Memorial Scholarship Fund
Edison High Minority Students
Mr. Nathan Slater University of California, Davis
Fresno, CA, Fresno High School Ms. Latayvius Alberty University of California, Irvine
Ms. Miriam DeLosSantos California State University, Fresno Fresno, CA, Edison High School
Fresno, CA, Fresno High School
Milli Rollin Memorial Scholarship Fund
Fresno County Lawyers Scholarship Fund Graduating Riverdale High Student
Fresno County Resident Law Students Mr. Mitchel Cabrera California State University, Fresno
Ms. Pamela Vartabedian University of California, Santa Clara School of Law Riverdale, CA, Riverdale High School
Santa Clara, CA
Sorenson Family Scholarship Fund
Genevieve Greelis Scholarship Fund College Bound Student
Kappa Alpha Theta Members at CSU Fresno Ms. Ruby Idmilao University of California, Davis
Ms. Elizabeth Mitchell California State University, Fresno Dos Palos, CA
Fresno, CA, CSU Fresno
Walco International, Inc. Scholarship Fund
Harnish Five Points, Inc Students Awards College Bound Children of Walco International, Inc Employees
Graduating Riverdale High Students Ms. Megan Lewis Vernon College
Ms. Nancy Moreno University of California, Santa Barbara Italy, TX
Five Points, CA, Riverdale High School

Hollis G. Best Scholarship Fund


Second Year Valley Law Students
Ms. Dara Purvis Yale Law School
Fresno, CA

12
THANK YOU
700 DONORS to the nearly
who contributed to our community.
Your vision, caring and generosity bring the
promise of a healthy FUTURE to the community.

We gratefully acknowledge the almost 700 individuals, organizations, foundations and


corporations who supported our work for the people in the Central San Joaquin Valley.
Due to space limitations, the following list consists of our major donors for fiscal year 2007.

INDIVIDUAL
DONORS Anonymous Donors Also Support the Community
Mark Adanalian
Susan Anderson At the Fresno Regional Foundation, we are
Lee and Shelley Ayres committed to respecting the privacy and con-
Rosemary Baltcha fidentiality of our donors. In 2007, Anonymous
Daniel and Sharon Baradat
Peter and Juanita Bennett Donors made up our second largest gifts.
Loren Booth Pictured here are volunteers serving a Thanks-
Robert Boro giving meal at the Fresno Rescue Mission. In
John and Diana Brelsford
Don and Ruth Bricker July 2007, they received an anonymous donation
Bruce Bronzan of $2,500. The Fresno Rescue Mission is a
Richard Caglia nonprofit charitable organization and this
Marx Cazenave unrestricted gift helped support their work of
Hilary Chittick
Dan and Kathleen DeSantis
being able to continue helping the homeless
Evelyn Ducoff and at-risk individuals in our community.
Ronald and Patricia Eadie
David Edwards
Babs Eskin
Gene and Myrna Estes
Clayton Frye
Jim and Judy Ganulin
Gail and Everett Gaston
James Gordon
Phyllis Graves
Wanda Grayson
Sharon Hall
Neel and Eleanor Hall
David and Carolyn Johnson
Robert Kolbert
Annette LaRue
Lee Lockhart
Wil and Tami Lyles
Jerry V. Lyles
Gerald V. & Nanette Lyles
Bill and Anne Lyles
Ann Lyles-MacPhail
Joel Murillo
Debbie Nalchajian-Cohen
Lucia Noia
Terry and Cheryl Ogle
Robert and Stephanie Oliver
Warren and Lisa Paboojian
Linda and Don Penner
Patricia Pickford
Elizabeth Jane Porter
Douglas and Marcia Rogers

donors
Morton and Donna Rosenstein
Howard and Matilda Rubin
Janice Saccheri
Salvatore and Denise Sciandra
Earl Smittcamp
Gerald and Geri Tahajian
Jack Taylor
James and Coke Hallowell Joseph Townsend
August Madrigal Thomas and Lee Porter
John and Carole Harris David and Marcy Masumoto Clay and Nancy Pressley Howard and Christine Watkins
Gerald and Janice Heidt Donna Mau Krish Rajani Ronald and Susan Wilson
Fausto and Maria Hinojosa Donald McCarthy Paul and Elizabeth Read Alba Witkin
Larry and Marjie Hodges James McClatchy, Estate Marlene and John Reed Jim and Judy Woodward
Eleanor Holt Diane Milutinovich Thomas and Louise Richardson Jack and Bernice Woolf
Dale and Deborah Ikeda Paul Molakides Chiara Riggs Phyllis and Robert Wright
Douglas Jensen Edward and Tamsen Munger Jill Robinson Richard and Kathleen Zacky

13
David Mas Masumoto – A Passion for Leadership and Education
An advocate for leadership and a friend
of the Fresno Regional Foundation, David
Mas Masumoto is seen here making a gift
to open a field of interest fund designed
to support community education and
leadership training. This fund, established
in September 2007, is one example of
the many ways in which FRF responds to
both the passions of our donors and the
needs of our community.

CORPORATE DONORS
Adeline Ritchie Charitable Trust County of Fresno Guarantee Financial Real Estate Pacific Gas and Electric Company
AstraZeneca LP CSUF Foundation Guarantee Home Loans Agents Pfizer Inc.
Baker, Manock & Jensen Czarnowski Display Service, Inc. and Employees Pinnacle Business Systems, Inc.
Bennett Frost Personnel Services, Inc. Dacor Guarantee Real Estate Agents Realty Concepts, Ltd.
Bertha and John Garabedian Delta and Pine Land Company and Employees S. H. Cowell Foundation
Foundation Dowling Aaron & Keeler James Irvine Foundation Sagaser, Jones & Hahesy
Billings I. & R. Foundation, Inc. East Bay Community Foundation Jelly Belly Candy Company Saint Agnes Medical Center
California Community Foundation Economic Development Corp of Judith Leslie Soley, Inc. San Joaquin Valley Officials
donors

California Supreme Court Historical Fresno County Kaiser Permanente Foundation Association
Society Encourage Tomorrow Health Plan, Inc. San Joaquin Valley Rehab Hospital
Cancer Care Associates Ernest S. Kinney Attorney At Law Kaweah Delta Health Care District Schwab Charitable Fund
Centocor, Inc. Forest Pharmaceuticals, Inc. Kimble, MacMichael & Upton SEIU United Healthcare Workers-
Central California Women’s Fresno County Bar Association Law Office of Richard P. Berman West
Conference Fresno County Federal Credit Union Law Offices of Wagner and Jones Stanford Medical Billing Services
Central Valley Community Bank Fresno County Office of Education Lyles Foundation State Center Community College
Chukchansi Gold Resort & Casino Fresno County Supervisor McCormick, Barstow, Sheppard, District
Circle of Friends Fresno County Women Lawyers Wayte & Carruth The Payroll People
Citigroup Fresno Sunrise Rotary Mental Health Systems, Inc. The Penstar Group
City of Fresno Friends of Phil Larson Monsanto Company Torosian & Walter LLP
Clark College Foundation Friends of The Fresno County Morgan Family Foundation Wagner & Wagner
Community Foundation Sonoma Public Library Novartis Pharmaceuticals Wal-Mart Foundation
County Genesis Family Center Corporation Wells Fargo Foundation
Community Medical Centers Granville Homes Inc. Nuttall & Coleman Wilkins Family Trust
Comprehensive Youth Services, Inc. Greater Fresno Parkinson’s Organon USA, Inc. Wyeth Pharmaceutical
Cornwell & Sample Attorneys At Law Support Group Ortho-McNeil Neurologics, Inc.

14
partners
PROGRESS
FOR

THE WILLIAM AND FLORA HEWLETT THE JAMES IRVINE FOUNDATION


FOUNDATION
The James Irvine Foundation, a private foundation with assets of $1.8 billion,
The William and Flora Hewlett Foundation, a private has been a longtime partner for the Fresno Regional Foundation, most
foundation with assets of $8.9 billion, awarded a grant recently investing more than $1 million to strengthen the community founda-
to the Fresno Regional Foundation in 2007 of $1.4 tion to serve the San Joaquin Valley region more effectively.
million over three years to tackle two pressing issues in The Fresno Regional Foundation is one of nine small community foundations
the Central San Joaquin Valley; teen pregnancy and across the state which received substantial Irvine grants to support their
air quality. The grant will also support organizational operations and growth as part of Irvine’s Community Foundations Initiative II.
development of Fresno Regional Foundation. Over The Fresno Regional
three years, the Fresno Regional Foundation will
e have been pleased
W
” Foundation received a
disperse the bulk of this grant to local non-profit nearly $600,000 grant in
organizations committed to reducing teen pregnancy to support the
2005, and was awarded
and improving air quality throughout the central San “rebirth” of the Fresno another three-year
Joaquin Valley’s urban and rural communities. These
Regional Foundation,” $600,000 grant in June
funds will be awarded to local agencies through a 2008 as part of the second
said Anne Vally, Special

partners
competitive application process which was publicized in phase of the initiative.
early 2008. Initiatives Officer at the
With Irvine support for core
Irvine Foundation. “The operations, capacity building
” s part of the Hewlett Foundation’s
A commitment to serving disad-
vantaged communities in the San
community foundation has
demonstrated a remarkable
and regranting, the Fresno
Regional Foundation has
focused on growing its assets,
commitment and ability to enhancing its visibility and
Francisco Bay Area and the Central build new resources for reputation in the community,
Valley, we are pleased to support the San Joaquin Valley.” and building a high-quality
grantmaking program.
Fresno Regional Foundation. We look
Some of the results:
forward to working with our colleagues
■ Assets have more than doubled in the last three years
in Fresno to have a positive impact ■ The community foundation has grown at an annual rate of 37%
on the region,” said Paul Brest, (compared to 14% for similar US community foundations)

President of the Hewlett Foundation. ■ Grants awarded to local organizations have increased 4% to $4.1
million in 2007
■ Nearly 90% of grants were awarded to organizations in the
San Joaquin Valley

15
FRESNO REGIONAL FOUNDATION
A California Non-Profit Corporation

STATEMENT OF FINANCIAL POSITION


ASSETS
2007 2006 2005

Cash and Equivalents $ 4,918,759 $ 2,015,099 $ 3,393,320


Certificates of Deposit 299,970 499,588 799,111
Investment Securities 18,153,496 14,325,680 12,057,380
Accounts Receivable 2,747,374 1,239,955 369,788
Prepaid Expenses 18,597 16,634 25,277
Interest in Net Assets of Support 15,048,496 8,004,676 5,983,727
Property & Equipment Net 38,350 50,567 5,053
Real Estate Owned 3,940,816 156,816 156,816
TOTAL ASSETS $45,165,858 $26,309,015 $22,790,472

LIABILITIES AND NET ASSETS


LIABILITIES
Accounts Payable $ 2,989 $ 26,472 $ 23,236
Other Accrued Liabilities 18,131 17,518 4,740
Grants Payable 7,500 139,000 138,291
Agency and Trust Funds 642,124 482,311 2,707,113
TOTAL LIABILITIES 670,744 665,301 2,873,380
NET ASSETS
Unrestricted 20,124,569 10,729,685 9,994,770
financial

Temporarily Restricted 19,617,817 12,414,931 7,406,723


Permanently Restricted 4,752,728 2,499,098 2,515,599
TOTAL NET ASSETS 44,495,114 25,643,714 19,917,092

TOTAL LIABILITIES AND NET ASSETS $45,165,859 $26,309,015 $22,790,472

STATEMENT OF ACTIVITIES
2007 2006 2005

REVENUES AND SUPPORT


Gifts and Contributions $ 21,430,987 $ 7,189,547 $ 5,579,522
Interest and Dividends 995,081 820,573 372,162
Administrative Assessments 354,341 342,575 293,524
Investment Activities (659,705) 239,040 150,283
Grant Income 2,040,000 10,000 447,500
Other Income ------------- 1,177 31,989
TOTAL REVENUE AND SUPPORT $ 24,160,704 $ 8,602,912 $ 6,874,980

COSTS AND EXPENSES


Grants $ 4,302,004 $ 4,127,842 $ 3,053,971
Program Services 698,083 606,406 476,833
General and Administrative 145,220 163,701 202,524
Fundraising 163,997 239,027 77,505
TOTAL COSTS AND EXPENSES $ 5,309,304 $ 5,136,976 $ 3,810,833

INCREASE IN NET ASSETS $18,851,400 $ 3,465,936 $ 3,064,147

NET ASSETS, BEGINNING OF YEAR** $25,643,714 $19,917,092 $16,852,945

NET ASSETS, END OF YEAR $44,495,114 $23,383,028 $19,917,092

** Net Assets as of 12/31/06 have been restated in the 2007 financial statements to include $2,260,686 of an Agency and Trust fund reclassified as a
Field of Interest fund. For complete audited financial statements please visit our Web site at: www.fresnoregfoundation.org. Tax ID# 77-0478025

16
Energy and Commitment Flow in our FRESNO REGIONAL FOUNDATION
Allstars for Philanthropy
F R E S N O R E G I O N A L F O U N D A T I O N

5260 N. PALM AVENUE • SUITE 228 • FRESNO, CA 93704 • 559.226.5600 • WWW.FRESNOREGFOUNDATION.ORG 2 0 0 7 A N N U A L R E P O R T

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