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PCF Annual Report 2021

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PRESERVE OUR ENVIRONMENT SUSTAIN ARTS CULTURE SECURE ATTAINABLE HOUSING We overcome our loneliness and isolation through collaboration which helps us become more compassionate and reminds us that we are not alone Collaboration has been at the core of the Pinellas Community Foundation values since its inception in 1969 Why It s in our DNA PCF was born from collaboration among a multitude of banks and trust departments to foster charitable giving that is easy and community based Today PCF connects people in need with people who care Our community has a tremendous amount of heart we care for others people we know and people we don t know The PCF Needed Now Fund established in 2021 raises awareness and provides solutions for the immediate issues impacting the community s changing needs Through conversations within the community PCF s nonprofit partners helped identify feeding the hungry mitigating evictions and restoring education as the greatest concerns of 2021 2022 Great things happen when PCF collaborates with donors to help realize their philanthropic vision The PCF Social Justice Fund grew from the vision of a donor whose values align with the early days of PCF deeply rooted and connected in the community The fund has supported many grassroots organizations and distributed more than 700 000 in grants In 2021 PCF built strong public private collaboratives with local governments Its work on the Pinellas CARES Nonprofit Partnership Fund and the Gladys Douglas Preserve were remarkable examples of partnership in action Again PCF will lead the way while collaborating with local governments to assist in managing the 19 million American Rescue Plan Act funding aimed at addressing nonprofit capital needs MYRIAM IRIZARRY You are an important part of our work at Pinellas Community Foundation and our hope is that the stories in this community report demonstrate how your collaboration with us is critical to our success Your generous contributions to the PCF Needed Now Fund supported local nonprofit organizations that work tirelessly to address these issues including Artz for Life Academy Bess the Book Bus Community Law Program Gathering of Women Gulfcoast Legal Services Hispanic Outreach Center Kind Mouse Productions Meals on Wheels for Kids Shaping the Early Mind Sing Out and Read and Tampa Bay Network to End Hunger For the 2022 2023 Needed Now areas PCF has identified the following issues as critical for the well being of the community PCF launched the Needed Now Fund in 2021 to highlight community issues needing more attention and amplified the voices and solutions for hunger reviving education and rising evictions This year the Needed Now Fund highlights community needs for arts and culture our environment and attainable housing All of these areas require collective strength commitment and engagement We cannot meet these needs alone We owe our sincere appreciation to our donors current living donors and those who had the foresight to create permanent funds through careful estate planning Donors are key to our collective efforts and their gifts which are rooted in collaboration fuel the solutions to community needs Preserve our environment through responsible stewardship Secure attainable housing for Pinellas residents struggling to afford this fundamental necessity Sustain our arts and culture an industry that continues to be a community builder in our time of need For more information and to donate to the PCF Needed Now Fund please visit PinellasCF org NeededNow DUGGAN COOLEY With sincerity of heart Myriam Irizarry Duggan Cooley Board of Governors Chair CEO COLLABORATION IS IN OUR DNA PINELLAS COMMUNITY FOUNDATION 2021 ANNUAL REPORT 17755 US Highway 19 N Ste 150 Clearwater FL 33764 6588 PinellasCF org

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Statement of Activities Year End December 31 2021 REVENUES Contributions Bequests Grants Income from Investments Net Gain on Investments Other Income Change in Value of Split Interest Agreements 14 352 545 2 557 069 13 044 144 26 209 214 342 TOTAL REVENUES 30 194 309 Charitable Disbursements and Programs Administrative Expenses 17 483 836 675 026 TOTAL EXPENSES Change in Net Assets Net Assets Beginning of Year Net Assets End of Year 18 158 862 EXPENSES 12 035 447 129 605 216 141 640 663 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 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 An Organization Ready To Answer Your Call St Petersburg s 911 call center receives thousands of nonviolent noncriminal calls annually Before 2021 police officers with guns Tasers and handcuffs responded to these calls The St Petersburg Police Department St Pete PD has since partnered with a Pinellas based agency whose name belies its breadth of services Gulf Coast Jewish Family and Community Services Gulf Coast JFCS began in 1960 with three employees providing community counseling and family support to the Pinellas Jewish community Today the agency covers 40 counties with over 500 employees and 300 volunteers serving people of all ages faiths cultures and lifestyles Its experience in behavioral health services made Gulf Coast JFCS the logical partner for St Pete PD in creating the Community Assistance and Life Liaisons CALL program With the program in place 911 operators triage nonviolent noncriminal emergencies to Gulf Coast JFCS The CALL program then dispatches trained community navigators guided by clinical staff instead of sending police officers The team is trained in diversity equity and inclusion policies and trauma informed care It arrives equipped with a therapeutic wrap around approach to assist in cases of intoxication drug overdose mental health crisis suicide intervention truancy homeless complaints and neighborhood disputes Within 18 months of its February 2021 inception CALL served 6 500 clients through interventions that avoided police response These might have been your neighbor friend family member or a homeless citizen needing help navigating a crisis 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 PINELLAS OPPORTUNITY COUNCIL GULF COAST JEWISH FAMILY COMMUNITY SERVICES STAY CONNECTED Connect with us through social media PinellasCF Like Gulf Coast JFCS Pinellas Community Foundation believes that many people face life challenges they cannot solve alone Besides awarding a 25 000 grant for CALL PCF provided grants for other Gulf Coast JFCS programs including grants to assist seniors with housing and transportation and 8 000 in funds for the agency s Heart Gallery which connects foster care children with forever families VOICES OF HOPE FOR APHASIA Hope For Those Living With Aphasia As one of a dozen community based aphasia centers in the country Voices of Hope for Aphasia is making an impact in the Tampa Bay area Aphasia is a disorder that causes a loss of the ability to understand or use language This condition often follows a stroke or injury that damages the portion of the brain that processes language Over 2 million Americans have aphasia yet only about 9 of Americans can identify it as a language disorder People with aphasia tend to withdraw and self isolate Their inability to communicate also creates barriers to health care services and causes difficulties for the person with aphasia and their loved ones Mike Caputo created Voices of Hope for Aphasia as a place where people with aphasia and their families can engage in life and build a social network What began as meetings in a small office once a week expanded to comprehensive social and support programs offered five days a week in St Petersburg Dunedin South Tampa and online When members discover Voices of Hope for Aphasia it can be life changing Longtime member John Dingman said I would just sit and listen before Voices of Hope for Aphasia The programs have made him more confident independent and ready to initiate conversation When asked about his favorite part of Voices of Hope for Aphasia John responded Everything I could be here all day every day Read the full story PinellasCF org CALL Despite aphasia s prevalence and devastating impact reaching new members and raising funds remains a challenge for Voices of Hope for Aphasia making community support essential to its success Photo by Vera Institute of Justice Tina Russell Read the full story PinellasCF org HopeForAphasia SOCIAL JUSTICE FUND Empowering Individuals Creating Self Sufficiency PCF SOCIAL JUSTICE FUND Following the Economic Opportunity Act of 1964 the Pinellas Opportunity Council was established to facilitate the financial security and general welfare of Pinellas County citizens Since its founding the council has grown substantially and it now offers six programs and mobilizes millions of dollars into the local community In 2018 a generous and anonymous donor entrusted Pinellas Community Foundation as the philanthropic partner of a donor advised fund inspired by the concept of venture capital investment The council s programs address the community s most pressing needs and solve financial insecurity issues from the roots up Pattye Sawyer executive director at Pinellas Opportunity Council explains the importance of education and financial literacy Rather than encouraging individuals to rely on the council it promotes self sufficiency Generational wealth is not just financial It s also educational It s also emotional says Pattye While the council offers relief to eligible citizens it focuses on equipping individuals with tools to achieve success independently Pattye explains that individuals aren t counting on us every month rather they are acquiring the skills they need These skills include building credit balancing a checkbook and creating plans for the future Pattye notes that through education people can become self sufficient and pass that knowledge on to their children maintaining that building a well rounded community starts with families As the housing crisis in Pinellas County grows Pattye reminds us that funding is always the council s biggest challenge Though the council s partnership with Pinellas Community Foundation provides flexible funding to be used as needed it s not enough to cover everything especially the programs administrative costs Read the full story PinellasCF org POC Behind the Fund Origins The fund s objective was to direct support toward smaller grassroots nonprofit organizations by investing in their missions without fear of risk an approach known as trust based philanthropy Since it began the PCF Social Justice Fund PCFSJF has awarded more than 35 nonprofits with capacity building support services training and more than 700 000 in monetary support The fund focuses on organizations working around issues of injustice and equity and has expanded awareness of its impact among community donors financial advisors and industry peers The PCFSJF founder began searching for a way to leverage his small gifts into a larger community effort As he spoke with the philanthropic community he found hesitation to commit to organizations without a long track record Since smaller startups are able to make a big difference with less money he created the PCF Social Justice Fund to help them build a track record so they can compete for larger grants The PCF Social Justice Fund was designed to be a big umbrella for many people who can make a small difference so that they can come together through a central infrastructure It was created to take advantage of PCF s tremendous human capital while freeing it from past bureaucratic obstacles to serving smaller nonprofits In celebration of the achievements of the Pinellas Community Foundation Social Justice Fund we interviewed the founder to learn more about his personal story his philosophy of giving back and his vision for the future Read the full story PinellasCF org SJForigins 2021 ANNUAL REPORT

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