1. all about Montana’s future Orientation to the Community Foundation Sector Cathy Cooney, Program Director

2. Learning Objectives What is a Community Foundation? What is a Community Foundation supposed to do? What does the Community Foundation sector look like in Montana? What are the resources you can connect your local community foundation with?

3. What is a Community Foundation? Philanthropic savings account Vehicle for donors to leave a legacy A leadership organization

4. The Three Roles of a CF Asset Development Grantmaking & Project Funding Leadership

5. #1 Asset Development

6. Intergenerational Transfer of Wealth Biggest intergenerational transfer of wealth happening now! Example: Jefferson County: 10-year TOW=$135,990,037 5%= $6,799,502 Annual grantmaking= $339,975

7. Recommended Fundraising Strategies Attract gifts of income to build loyal donor base (through letters, visits, individual cultivation, etc) Attract gifts of assets Planned Gifts Bequests Build relationships with Financial Advisors Avoid being dependent on fundraising events!!!

8. Success Stories Sizable Bequests/Major Gifts: Beacon CF, Broadwater CF, Missoula CF, Roberts CF, Valley County CF Future Bequests/Major Gifts: Greater Polson CF, Wibaux Endowment Foundation Planned Gifts: Flathead CF, Lewis & Clark CF, Red Lodge Area CF, Seeley Lake CF, Whitefish CF

9. #2 Grant Making and Project Support

10. Grantmaking for CFs The Biggest Questions: What is the value-added for donors to give charitable support through us?? What is the difference between individuals giving a gift to charity and a CF giving a grant to a charity?

11. Recommended Grantmaking Strategies Investigate community needs. Look at the data! Go beyond just responding to competitive grant proposals. Where are the needs, opportunities? Experiment with new approaches. Grant initiatives? Long-term projects? NP Capacity building?

12. Success Stories Data-Driven grantmaking: Park County Community Foundation Project Funding: Seeley Lake CF, CF for a Better Bigfork

13. #3 Leadership

14. Examples of Leadership Nonprofit Capacity Building Fiscal Sponsorships Community visioning, planning sessions Project work with multiple partners Fundraising campaigns

15. Success Stories Missoula CF/Seeley Lake CF-Norman McLean Trail Greater Polson CF-Envision Polson Project Red Lodge Area CF-Reviving the Red Lodge Area Economic Development Corporation, C3 nonprofit capacity building

16. What does the sector look like in Montana? 75 CFs Many are affiliates with a “lead” foundation. Statewide Council for marketing, training CFs in Montana Google Group Technical assistance through MCF

17. Does your community have a CF?

18. Questions? Want a presentation in your community about starting a new CF (or reviving an existing CF)? Cathy Cooney 441-4954 ccooney@mtcf.org