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PCF Annual Report 2020

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AND THAT S WHAT S NEEDED NOW Since 1969 Pinellas Community Foundation has addressed the changing needs of our community by increasing awareness advocating for solutions and supporting charitable organizations that do great work The Tampa Bay Resiliency Fund formed as a strategic collaboration by Pinellas Community Foundation Allegany Franciscan Ministries Foundation for a Healthy St Petersburg and United Way Suncoast The fund distributed 1 2 million in grants to address disaster relief immediately with an eye toward building a stronger future Unfortunately many underfunded needs in our community remain under the radar and often compound into crisis PCF learns about the most immediate concerns in the Tampa Bay area through frequent conversations with community partners those in the community day after day week after week and year after year The creation of the Pinellas Arts Community Relief Fund established in April was one of the first relief funds created to meet the needs of Pinellas County artists arts organizations and creative businesses impacted by COVID 19 This fund which began in partnership with Creative Pinellas St Pete Arts Alliance and Foundation for a Healthy St Petersburg distributed more than 137 000 in rapid response awards At the beginning of 2021 and as a result of these ongoing conversations Pinellas Community Foundation established the Needed Now Fund to help the community continue healing from the pandemic It quickly became apparent that recovery required more than a shot in the arm While fewer individuals experienced COVID 19 too many Pinellas residents suffered hunger threats of eviction and a struggle to educate and socialize their children JAY FLEECE For more information and to donate to the PCF Needed Now Fund please visit PinellasCF org NeededNow A N NU A L DUGGAN COOLEY With sincerity of heart Duggan Cooley CEO 17755 US Highway 19 N Ste 150 Clearwater FL 33764 6588 RE P O R T Joseph W Jay Fleece III Board of Governors Chair 2020 The year 2020 will go into the record books as one of the most challenging years in our community s history Yet based on our experiences with cross agency collaborations public private partnerships intergovernmental programs and the generosity of donors and volunteers we are filled with hope for the future Our community is beginning to experience a resurgence of spirit and success We are stronger more creative more open and aware of our vulnerabilities and clear that we have the desire tools and heart to realize a brighter better future for us all An essential part of the PCF mission is to bring attention to critical potentially overlooked issues That s why the focus for the Needed Now Fund will change as the community heals so it will continue to raise awareness about current needs to improve life in our community The successful effort to purchase the Gladys Douglas Preserve picked up in earnest in late 2020 as environmental philanthropists stepped front and center to help save 43 44 acres of precious green space Within a few months over 4 5 million was raised to complement the 5 5 million provided by Pinellas County and the city of Dunedin FO U N D ATI O N Throughout 2020 the heart of our community was evident in the many ways we came together to help each other From the Heart C O MMU NI TY Leading from the heart has been at the core of Pinellas Community Foundation s values since its inception in 1969 Why The reason is simple PCF connects people in need with people who care Our community has a tremendous amount of heart we care for others whether we know them or not Leading P INE L L A S F E E D T H E H U N G R Y P R E V E N T E V I C T I O N S R E V I V E E D U C A T I O N

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Small Change Buys Big Results Statement of Activities Year End December 31 2020 REVENUES Contributions Bequests Grants Income from Investments Net Gain on Investments Other Income Change in Value of Split Interest Agreements 18 700 960 2 622 638 8 100 393 48 907 169 751 TOTAL REVENUES 29 642 649 Charitable Disbursements and Programs Administrative Expenses 18 870 443 1 151 086 TOTAL EXPENSES Change in Net Assets Net Assets Beginning of Year Net Assets End of Year 20 021 529 EXPENSES 9 621 120 119 984 096 129 605 216 PINELLAS COMMUNITY FOUNDATION IS A 501 c 3 NONPROFIT ORGANIZATION REGISTERED WITH THE STATE OF FLORIDA A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR PINELLAS COMMUNITY FOUNDATION CH3646 MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE WITHIN THE STATE 1 800 HELP FLA 435 7352 OR VISITING WWW FDACS GOV REGISTRATION DOES NOT IMPLY ENDORSEMENT APPROVAL OR RECOMMENDATION BY THE STATE For the community by the community PCF is your partner in philanthropy staying attuned to where help is needed in the community and designing charitable giving plans that make a difference How Can We Help You Give Humanity a Hand Learn more about PCF funds donors agencies grants and governing boards online at PinellasCF org GetToKnowPCF We would love to meet with you in person at the Clearwater office Monday Friday 9 a m 5 p m or at the St Petersburg office Monday or Wednesday 9 a m 5 p m Appointments can be scheduled at PinellasCF org MeetWithUs or by calling Director of Donor Advisor Relations Leigh Davis at 727 306 3142 STAY CONNECTED Connect with us through social media PinellasCF Tragedy Turns Into Action Challenges test our resolve and overcoming them gives life meaning Ask Dolores and Allen Mortimer Their son and nephew lost their lives in a car accident in 2005 Two years later the couple founded the House of Mercy and Encouragement Foundation HOME in Dunedin Stretching a penny is a talent Steve Cleveland masters daily as CEO of Florida Dream Center FLDC The skill prepared FLDC to expand its footprint in Pinellas County as COVID 19 raged The 100 000 pounds of food FLDC distributed weekly grew to 200 000 pounds and the staff expanded to serve 2 600 Pinellas families many of which had incomes that fell to zero Even before the pandemic FLDC allocated resources creatively For example in 2017 when another organization began filling the needs of the low income families in South St Petersburg FLDC moved one of its Adopt A Block programs from that area to Tarpon Springs where a large pocket of homelessness emerged Accordingly those with the greatest need in Tarpon Springs and Lealman receive FLDC services including upkeep for properties at risk of code violations While private donations and community funding are the backbones of FLDC COVID 19 increased funding needs to feed thousands of food insecure residents So FLDC turned to Pinellas CARES Nonprofit Partnership Fund a pool of federal money from the CARES Act initiated by Pinellas County and administered by Pinellas Community Foundation The funds designated for COVID 19 related needs went to nonprofit agencies that provide services for food homelessness behavioral health and legal aid for housing FLDC fit the qualifications The 63 000 grant to FLDC was a blessing for some 5 000 individuals who would have gone hungry Instead FLDC expanded food delivery to 31 distribution points six days a week throughout Pinellas County When FLDC s transport fleet lost its van the grant also helped purchase a used truck to haul its 12 foot refrigerated trailer Read the full story Boosting Black Owned Nonprofit Businesses If a Black owned business has modest revenue and relies on word of mouth to operate broadening its customer base is critical Thanks to two socialpreneurs Hillary Van Dyke and Joshua Bean countless Black owned businesses in the area get help through the Green Book of Tampa Bay Green Book Green Book is a nonprofit Black owned businesses directory featuring Pinellas and Hillsborough companies Besides the directory it helps boost Black owned businesses when opportunities arise With a 35 000 grant from the Venture Philanthropy Fund VenturePF held at Pinellas Community Foundation Green Book got creative by hiring website developers for 53 Black owned Bay Area businesses giving them an internet presence that raises awareness and validates their enterprises Established by an anonymous donor and overseen by PCF Venture Philanthropy Advisor J A Morton VenturePF helps agencies with 100 000 or less in assets to grow their capacity Knowing Green Book s mission and budget J A saw the potential to advance Green Book s proficiencies The donor who funded Venture Philanthropy knew there would be Black businesses in South St Pete that couldn t apply for PPP because they lacked resources to gather the documentation said J A about the federal Paycheck Protection Program The donor was concerned they would not get funding so he said let s find three organizations that support Black businesses Green Book qualified Along with providing an internet presence the agency trained Black owned businesses to support their websites Indeed many owners could not obtain PPP to keep workers on the payroll during COVID 19 and they needed a website to add legitimacy Read the full story As a licensed mental health counselor Dolores saw depression and anxiety consume their son before his accident She felt God steering her to help others needing mental health therapy This experience led her to create a faith based agency to provide mental health and learning services for children and their families regardless of color race religion or socioeconomic status Dolores could not imagine that within 13 years HOME would provide 18 647 mental health therapy sessions in Pinellas County Even though PCF helped HOME with annual operating costs through its Faith Mission grant program the pandemic created additional needs COVID 19 took its toll on children and families said Dolores HOME required funds to purchase laptops and technology for telehealth sessions provide personal protective equipment to keep clients and staff safe and grant scholarships to serve the uninsured and underinsured Because HOME provides mental health services it qualified for the Pinellas CARES Nonprofit Partnership Fund With high anxiety among children and families mental health counseling was more prevalent Children who normally do well in school can be overwhelmed with online school and often shut down said Dolores Thanks to a 52 000 grant HOME made necessary program adjustments to serve its clients Read the full story Diverting Eviction Virtually When tenants receive an eviction summons fears of homelessness arise Likewise landlords become stressed without rental income Community Law Program CLP knows the eviction cycle well and witnessed it even more as COVID 19 caused job losses Concerned members of the St Petersburg Bar Association formed CLP in 1989 to address the civil legal demands of the community s needy Unfortunately after launching a successful pilot eviction mediation program in 2019 CLP sidelined the program due to the pandemic The idea started before the pandemic when we were concerned about improving outcomes for people facing eviction said CLP Executive Director Kimberly Rodgers When the pandemic began CLP and its partners wanted to restart the program virtually As a nonprofit organization that mitigates housing issues CLP qualified for 349 442 in Pinellas CARES Nonprofit Partnership Fund grants The grants helped reorganize the program to provide virtual mediations As a result the Pinellas Eviction Diversion Program helped nearly 450 households avoid homelessness We weren t the only program assisting people facing eviction but we were unique in offering it virtually said Kimberly To qualify for the program to avoid eviction tenants had to reside in Pinellas and have an annual income at or below 200 of the federal poverty guidelines The mere filing of a complaint against a tenant can create a permanent public record that causes problems like a tenant s ability to find other housing said Kimberly Accordingly the program spared many Pinellas residents a life changing event Read the full story 2020 ANNUAL REPORT

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