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Pinellas Community Foundation 2022 Annual Report

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We are thrilled to present our 2022 annual report which captures significant stories from the past year and provides insights into the promising future At Pinellas Community Foundation we believe that positive change comes from the collaborative efforts of our community We are committed to fostering a culture of caring and collaboration and leveraging public private partnerships to tackle the most pressing challenges in our region Next generation philanthropy calls for a new era of giving that embraces fresh perspectives innovative strategies and transformative solutions We understand that the giving landscape is rapidly evolving and we must adapt our practices to achieve the best outcomes for our community Trust based philanthropy stands as a key pillar of next generation giving By prioritizing transparency accountability and deep engagement we establish stronger connections with our donors partners and communities we serve Trust is the foundation for effective philanthropy enabling us to cultivate meaningful relationships and make informed decisions that yield sustainable long term impact We highlight the remarkable achievements resulting from our ongoing commitment to partnership By bringing together people businesses nonprofit organizations and government entities we create a synergy that amplifies our collective ability to drive positive change Together we tackle complex issues overcome barriers and foster innovative solutions that empower our community to thrive As you delve into this report we hope you discover inspiring stories of how nextgeneration giving has transformed lives and enriched our community From a womenlead investment firm to social impact opportunities in local government higher education and private business each success story reflects an unwavering dedication to creating lasting change Join us on this journey as we continue to shape the future of philanthropy and our community Together we can empower the next generation of givers to be catalysts for change ensuring our community thrives for years to come Thank you for your support and partnership in making Pinellas County better for all With sincere gratitude Myriam IrizarryDuggan Cooley Board of Governors Chair CEO MYRIAM IRIZARRY DUGGAN COOLEY Philanthropy Gratifying and Simple With Pinellas Community Foundation PCF is your partner in making your charitable wishes a reality We make it easy through our knowledge of charitable tools simple customizable paperwork and quick account setups We manage donation processing record keeping gift acceptance and tax receipts so that you can focus on doing good in the community Legacy Planning Naming your fund in memory of a loved one will honor and preserve your family name Involving your children grandchildren and other relatives in your charitable giving can be the basis for passing on family values and principles Tax Benefits Donations to PCF are deductible up to 60 AGI depending on the assets donated You can avoid capital gains and receive a tax deduction by donating highly appreciated stock If you don t itemize giving to PCF from your IRA may help save on RMD taxes and maximize your charitable impact Complete Privacy Giving through PCF is anonymous to other charities so you can donate with discretion Trusted Expertise With PCF as your partner you have access to the knowledge and experience of an organization that has been a community pillar for over 50 years We will help you learn about important local issues causes and nonprofit organizations Personalized Services The PCF staff lives and participates in the community across Pinellas County and is available by phone email or in person to provide customized concierge level service For one on one advising with the best planned giving tools contact Leigh Davis CAP Director of Donor and Advisor Relations 727 306 3142 LDavis PinellasCF org 17755 US Highway 19 N Ste 150 Clearwater FL 33764 6588 PinellasCF org WHAT IS NEXT GENERATION PHILANTHROPY PINELLAS COMMUNITY FOUNDATION 2022 ANNUAL REPORT

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2022 PCF IMPACT by the Numbers 200 funds held 250 470 grantees grants 9 grant committees 11 Social Opportunity Works SOW Fund grantees 12 Faith Mission organizations funded 1 million operating grants awards 6 520 796 grants programmatic investments 34 community member volunteers 3public private partnerships totaling 28 6 million 91 4 grants programmatic expenses 8 6 administrative expenses 54years SERVING PINELLAS COUNTY STAY CONNECTED PinellasCF Learn more about PCF activities donors governance grants and partnerships at PinellasCF org GetToKnowPCF A TRUSTED PARTNERSHIP Pinellas Community Foundation and Crabby Bill s Family Brands Pinellas Community Foundation PCF has been a trusted resource for businesses since 1969 offering tailored solutions to address community needs One business that has benefited from PCF s expertise is Crabby Bill s Family Brands Co owner Maria Loder recognizes the importance of community impact while maintaining core operations and PCF has proven to be a valuable partner in achieving that balance Maria s commitment to giving back stems from her upbringing Her parents political refugees from Cuba instilled in her the value of philanthropy Inspired by her mother in law s generosity Maria sought to continue her family s tradition of altruism However as Crabby Bill s Family Brands grew managing business and community involvement became challenging At her tax accountant s recommendation Maria turned to PCF for assistance The opportunity to meet philanthropic goals without establishing a private family foundation appealed to her and PCF s expertise allowed her to focus on the business while positively impacting the community Maria believes that giving back to the community creates a ripple effect Her philanthropic efforts primarily revolve around children dysautonomia mental health human trafficking and animal welfare As Crabby Bill s Family Brands transitions into its third generation Maria and her husband Matthew strive to instill a sense of community involvement in their children They actively engage their children in charitable initiatives and discussions on social issues ensuring the continuation of their family s philanthropic legacy The partnership between PCF and Crabby Bill s Family Brands is a prime example of how businesses can amplify their community impact through PCF s guidance and administrative management Maria Loder s journey exemplifies the power of collaboration in improving the lives of those in need PCF extends its best wishes to the Loders and Crabby for a Cause the company s philanthropic fund as they continue their successful endeavors Read the full story PinellasCF org CrabbyBills Celebrating Public Private Partnerships Public private partnerships PPPs between nonprofits and governments have gained traction and revolutionized program and service delivery These collaborations combine the strengths of both sectors resulting in cost savings efficiency expertise transparency and accountability PPPs offer streamlined processes compared to traditional government approaches with nonprofits agility allowing them to quickly adapt to challenges and changing needs Pinellas Community Foundation PCF has been a leader in this regard In Clearwater the city partnered with PCF to address housing issues caused by the closure of the Capri Mobile Home Park Using American Rescue Plan Act ARPA funds PCF and the Homeless Leadership Alliance partnered to successfully help 38 families find permanent housing in just 100 days St Petersburg collaborated with PCF to address the need for mental wellness supports in under resourced areas Funding community support Hubs will allow for robust wraparound services ensuring quick responses to changing needs A nonprofit incubator will provide aspiring nonprofits with capacity building services to make a meaningful impact At the county level Pinellas County partnered with PCF to allocate over 19 million in ARPA funds for capital projects supporting nonprofits impacted by the coronavirus pandemic PPPs succeed by leveraging nonprofit and government strengths to enable cost savings specialized expertise and flexibility They transform communities and address societal challenges with innovation impact and efficiency PCF s definition of next generation philanthropy A Professional Advisor s Journey of Leadership and Giving Back Gentry B Byrnes is the chief fiduciary officer board member and co founder of Adelphi Trust Company Florida s only trust company founded managed and majority owned by women With 29 years of experience Gentry specializes in trust administration retirement planning and charitable planning offering us an inspiring example of next generation philanthropy At Adelphi Trust Gentry and her team focus on educating the next generation about financial planning She believes women approach estate planning differently emphasizing clients goals dreams charitable giving and their families well being Gentry ensures her clients legacies are protected and their families are well informed Even those who haven t been charitable may want to give back after retirement Gentry recommends Pinellas Community Foundation PCF as an accessible option to start giving She holds a donor advised fund at PCF emphasizing the ease of online contributions and the misconception that significant funds are necessary to begin Adelphi Trust s motto We exist to protect reflects its commitment to safeguarding clients interests beyond wealth It supports beneficiaries with special needs offers trust management guidance and helps clients navigate family dynamics and emotional challenges Gentry s volunteer work with St Vincent de Paul the Wills for Warriors program and the St Pete Bar Foundation are examples of her commitment to the community PCF values Gentry and the Adelphi Trust team as true philanthropic partners and applauds their diligent work to break down barriers for the next generation of philanthropists Read the full story PinellasCF org AdelphiTrust CULTURES OF CARING Broadening Our View of Philanthropy Cultivating a culture of caring requires expanding our understanding and integration of philanthropy across government higher education private industry and volunteer organizations In government this entails prioritizing policies that address community needs while creating greater access to resources and involving local nonprofits in decision making processes Governments can increase well being within their organizations and within the communities they serve by enacting policies to protect vulnerable populations and supporting paid volunteerism for team members Higher education institutions have a vital role in educating students about various forms of giving back by offering community engagement and research opportunities By integrating service learning programs and community partnerships institutions instill a sense of responsibility and connectivity in students Private sector entities may feel more comfortable in the philanthropic space by establishing matching charitable gift programs incorporating social impact into strategic planning and encouraging team members to serve on nonprofit boards Adhering to fair labor policies and supporting diverse and inclusive workplaces are fundamental practices today Still businesses with a broader view will benefit from improved employee morale a more diverse hiring pool and consumers who value community focused companies Philanthropy now encompasses diverse approaches making it accessible across all sectors Embracing an expanded understanding of philanthropy lays the foundation for compassionate action for the next generation of philanthropists At PCF we believe that generosity at any level can make a meaningful impact Get a closer look at various Cultures of Caring throughout Pinellas County PinellasCF org Caring 2022 ANNUAL REPORT

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