The journey through philanthropy starts here. 2013 ANNUAL REPORT

START WITH YOUR HEART. What is your passion?

When the work becomes difficult, and the barriers seem insurmountable, it is passion that sustains the effort. We have many conversations with donors and community members from across the San Joaquin Valley about what is important to them, and we want to have that same conversation with you!

MOVE WITH YOUR HEAD. What are the opportunities for change?

We are expanding our efforts to research the areas for improvement in our community and evaluate the most effective solutions to address those challenges. We ask these questions: What is already being done to address the challenges? Is the work effective? Where are there gaps in the work? Are the existing efforts coordinated and aligned in a way to maximize success? We call that collective impact. We share this information with donors, community leaders, and other funders to inform all stakeholders about how to invest philanthropic dollars for the greatest impact.

TELL THE STORIES. Are we making a difference?

This is the essential question, and by telling the stories of the lives changed because of our donors, FRF can illustrate the impact we have on our community. Sometimes the story is about one child, one family, or one neighborhood. Sometimes the story involves complex analysis of data collected from many individuals over years. We learn from these stories, and they bring the hope and inspiration needed to keep us moving in the right direction.

You want to make a difference. But how? That’s the question Fresno Regional

Foundation asks every day, and after almost 50 years, we have learned a few things that we want to share with you.

Philanthropy is a journey, and FRF supports donors along the way. As the philanthropic hub for the San Joaquin Valley, FRF provides services that support all donors on their philanthropic path from supporting individuals coming together quickly for a specific project—like Central Valley Honor Flight—to donors establishing advised funds to fulfill their desire for philanthropic impact, to creating endowments that will generate earnings far into the future—such as The FUND for the San Joaquin Valley.

Wherever donors are on their journey, there are three elements that can initiate the work and keep the momentum going:

the passion of one’s heart, the knowledge of what to do, and the ability to tell others the story.

2013 was another milestone year for the Foundation. Through all the different types of funds we manage, we have been inspired by the philanthropic journey of our donors and by the impact that their generosity has had on Community Benefit Organizations throughout the San Joaquin Valley. We concluded the year with more than 200 funds, received more than $7 million in gifts, awarded $6.5 million in grants to the community, and discovered countless stories that continue to inspire us as we move forward. Come with us and explore the journey through the eyes of our donors and community members striving to improve the lives of those in the San Joaquin Valley.

Dan DeSantis CEO

Carole Andersen Board Chair

Look for the

HEART, HEAD, and

STORY icons throughout this report.

For more detailed descriptions of giving opportunities, programs, and listings of grants awarded, please visit: www.fresnoregfoundation.org/2013annualreport

InsideCentral Valley Honor Flight 2

Madera County Arts Council Agency Fund 3

African American Education Fund 3

Fresno Unified School District Scholarship Fund 4

Donor Advised Funds 5

The Bee Endowment Fund—James McClatchy Legacy 6

Edward K. Martin (Ted) Legacy 7

Dorothy Mitsuoka Memorial Fund for Dinuba Area Youth 8

The FUND for the San Joaquin Valley 9

Competitive Grantmaking 10

Tribute to Dewey Slater 12

A Few Words from the Staff about Dan DeSantis, CEO 13

Board of Directors back cover

Staff back cover

A strong decade of gifts and grantsA decade of gifts into Fresno Regional Foundation total $74 million. These donor gifts plus investment earnings have made $52 million in grants possible.

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0 $10 MILLION$5 MILLION $15 MILLION

GIFTS GRANTS

In 2013, a group of local community members started a movement with their hearts and began researching

ways to honor veterans from the Central Valley, specifically World War II veterans. They learned about a national organization, Honor Flight Network, which orchestrates trips to Washington, D.C. for veterans across the nation. This group rallied together quickly to create a Central Valley chapter which is now sending Central Valley World War II veterans to visit their memorial in commemoration of their sacrifice, and in honor of their service to our country.

While they started with their hearts, they moved with their heads. Assisted by Rico Guerrero, Donor Relations Coordinator at FRF, they researched how to send our

veterans to D.C., formed a local committee, and

established the Central Valley Honor Flight

Fund at the Foundation.

Central Valley Honor Flight

TOP: Paul Davis and Bill Bromm reminisce. ABOVE: WWII Veteran Dick Johnson and Rico Guerrero, Donor Relations Coordinator, in Washington, D.C.BELOW: Central Valley veterans at the World War II Memorial in Washington, D.C.

“ The send-off and welcoming home was something we never experienced before or after World War II.” Ralph Ritchie, WWII Veteran Honor Flight October 2013

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The Central Valley Honor Flight Chapter quickly gained momentum in the community to support these veterans. In 2013, more than 330 individuals and businesses donated $230,000. These gifts helped make the first trip possible, sending 69 veterans and their guardians to Washington, D.C. in October 2013. But the effort didn’t stop there. The donations and applications from Valley veterans kept coming in, and the chapter began planning three more trips for 2014.

Finally, Central Valley Honor Flight shared their stories from local newspapers to news broadcasts to Facebook posts generating overwhelming support from the community. With donations ranging from checks for thousands of dollars to envelopes of bills and coins from a local Girl Scouts troop, the staff at the Fresno Regional Foundation has been deeply touched as gifts continue to pour in. These donations come with the same heartfelt sentiment—this is the least we can do to honor our local American heroes.

DESIGNATED PROJECT FUND

Madera County Arts CouncilAfter promoting the arts in Madera

County for more than 30 years, this pillar organization received a multi-million dollar bequest gift. Their board of directors looked to Fresno Regional Foundation for investment direction and oversight and established The Madera County Arts Council Agency Fund in 2013.

As part of FRF’s long-term investment pool, their fund has already increased by $160,000 through investment growth.

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Board of Directors of the Madera County Arts Council

Allysunn Walker-Williams and Kayland Harrison, local student now attending Stanford University.

African American Education Fund Local donors have a heart for

education, and specifically for our African American students who have additional barriers to overcome when it comes to higher education.

More than 60 donors gave generously to make the first $25,000 of the African American Education Fund possible. Then the Board’s Fund for the Common Good matched the first $25,000 launching this new fund with $50,000.

In partnership with the United Negro College Fund, local AAEF Fund founding members Robert Mitchell, M.D., Richard Keyes, Eric Payne, SCCCD Trustee, and Allysunn Walker-Williams, FRF Board Member, set a goal to financially support the aspirations of African Americans in the Central Valley with a focus on higher education, job training, and workforce development.

This new fund has generated so much momentum that it will award job training and educational grants and also seed a permanent endowment to support African American educational efforts in the San Joaquin Valley. We look forward to telling the stories of students who realize their dreams because of local donors supporting the African American Education Fund.

AGENCY FUND SCHOLARSHIP FUND

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ABOVE: Mary Margaret Tan, far left, with classmates from McLane High School

Fresno Unified School District Scholarship Fund

Mary Margaret Tan McLane High School

Lizbeth Gasga Sunnyside High School

As an English Learner and AB540 student, Lizbeth faced challenges attending and affording college. In 2010, at the age of fifteen, Lizbeth arrived in the United States and went on to learn English in less than a year. Lizbeth received five scholarships, one of which is the FUSD scholarship. Lizbeth says, “With those five scholarships I have been able to pay for the first two years of college.”

FUSD administrators, support staff, and teachers came together in 2008

to establish the Fresno Unified School District Scholarship Fund. Day in and day out they see the potential and the obstacles that affect students from achieving their dreams of higher education. To help make college possible for as many FUSD students as possible, they decided to open a fund with FRF. No one knows better than they how the cost of a college education can be a great barrier to deserving students. In the past eight years, $400,000 has been donated to the fund, mostly through voluntary FUSD payroll deductions.

At the 2013 annual State of Education Luncheon, Superintendent Michael Hanson shared FUSD’s passion for helping their students. As a result of that luncheon, more than $50,000 went directly to the scholarship fund. Later in 2013, an anonymous donor gave a gift of appreciated stock that FRF sold, generously adding to the scholarship fund.

The Fresno Unified School District Scholarship Fund has awarded 72 scholarships to seniors from 12 different schools within the district. In 2013 alone, 21 FUSD students received scholarships totaling $47,000. And in 2014, FUSD is looking to award a record number of scholarships!

SCHOLARSHIP FUND

Peter Bennett received a picture album in thanks for his continued support of the El Dorado Community in Fresno.

Fresno Regional Foundation Donor Advised Grants awarded

Over the last decade, a total of $29,607,035 has been granted through donor advised funds (DAF).

Donor Advised FundsCharitable Gift Assistance

Whether donors come to us for the financial benefits, or they feel called to help their community, or both, FRF ensures that their thoughtful generosity creates a meaningful impact in the lives of our Valley residents.

Our first step is listening to donors. We ask what inspires them, what they are passionate about, and what impact they want to make. A brief fund agreement is signed, the donor makes a tax deductible gift to the fund, and then begins recommending grants. FRF staff researches each organization so our donors make meaningful, reliable grants.

FRF holds 60 donor advised funds totaling $9.2 million. In 2013, donor gifts added $2.8 million and investment earnings added $1.6 million. With the expert guidance of FRF staff, donor advised funds awarded $3.4 million in grants last year. Donor advised funds are having a tremendous impact on our community, and we are proud to work with so many local donors to connect their passions with real community needs.

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DAF GRANTS AWARDED

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“ You can’t take it with you…a legacy gift is the best thing you can do for people who need it.” Mr. Bennett

DONOR ADVISED FUNDS

ServicesWe often hear from donors

that donor advised funds are like having a private foundation but without all the hassle and expense.• Donors receive tax deductible

acknowledgements for each gift made to their donor advised fund.

• Donors can give complex gifts such as stocks and real estate.

• Quarterly fund statements are mailed to donors itemizing the activity in their fund.

• Donors recommend grants from their fund with a simple form, email, or phone call.

• Donors rely on FRF staff to recommend organizations that are having a positive impact.

• FRF diligently researches the recommended organizations before grants are disbursed.

• FRF handles all of the check disbursements, correspondence, financial reporting, and IRS filings.

• Donors can choose to accompany FRF staff on visits to the organizations.

• FRF staff collects reports from the organizations so donors can learn about the impact of their giving.

Legacy PlanningFRF offers donors a reliable, simple way to ensure their charitable legacy is fulfilled. Please ask us about sample bequest language and a sample memorandum of charitable intent (MOCI). Donors can confidently and affordably decide their charitable intentions. In a MOCI, a donor can itemize specific organizations or fields of interest to support. It can be changed at any time and as often as the donor wishes at no cost.

Peter Bennett has been a devoted donor with FRF since 1997. Throughout the years partnering with Mr. Bennett, we have been inspired by his thoughtful and generous giving to various organizations in the Valley. Mr. Bennett’s MOCI itemizes the specifics of his charitable passions and ensures his wishes will be honored long into the future.

Projects made possible by The Bee Endowment Fund in 2013

Youth GrantsBOYS & GIRLS CLUBS OF THE SEQUOIAS Brain Gain

175 youth servedCENTRAL VALLEY HIGHER EDUCATION CONSORTIUMCollege Admission Prep Camp for Youth Ambassadors for College Opportunity

75 youth servedSUPERIOR COURT OF CALIFORNIA County of Fresno for Juvenile Community Justice Conference

140 youth servedTEEN SUCCESSSupporting Teen Mothers to Finish High School & Reach Their Potential

120 youth servedUCSF FOUNDATIONSummer BioMedical Internship Program

12 youth servedLATINO CENTER FOR MEDICAL EDUCATION College Readiness in a Health Professions Preparatory Academy

937 youth served

Human Services GrantsCENTRAL VALLEY EDUCATIONAL LEADERSHIP INSTITUTE Leadership and Technology Project for Rural Schools Network

FRESNO METRO MINISTRY Strategic Planning for Capacity Building

KINGS UNITED WAY Institute for Organizational Excellence

WEST FRESNO FAMILY RESOURCE CENTER Building for our Future: Sustainability, Stability & Strategic Growth

The Bee Endowment FundFrom Donor Advised to a Legacy Fund for generations to comeJames McClatchy’s legacy will live on not only

through his work in the media, specifically The Fresno Bee, but also through his dedication to philanthropy. His endowed legacy gift has made a powerful impact in the Central Valley already, and it will continue to make an impact here forever.

Since Mr. McClatchy passed away in 2006, his charitable legacy endures in thousands of youth across the Valley. He requested that his bequest gift of $5 million go into an endowed fund.

It was invested into FRF’s long-term pool, and has since grown to more than $6 million, allowing FRF to grant nearly $300,000 every year while the principal of the fund continues to grow.

Mr. McClatchy worked with FRF to make charitable gifts for several years before he passed away. Now because of his bequest, his philanthropic legacy will continue through FRF’s grantmaking in areas of youth, human services, and arts and culture.

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DONOR ADVISED FUND TO LEGACY FUND

Participants in Teen Success celebrate a fellow graduate.

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Edward (Ted) K. MartinFrom Donor Advised to a passion that led to a legacy that will last forever

Grants made possible through Edward K. Martin’s Fund

2012SAN JOAQUIN RIVER STEWARDSHIP PROGRAMSan Joaquin River Summer Youth Connection

FRESNO STATE BIOLOGY DEPARTMENTSan Joaquin River Predator Study—Salmon Restoration

2013REVIVE THE SAN JOAQUIN RIVERRestoration Alive!

FRESNO STATE BIOLOGY DEPARTMENTSan Joaquin Salmon Restoration

Central Valley businessman Ted Martin often told stories of his childhood spent on the San Joaquin and Kings

Rivers. Mr. Martin came to FRF and established his donor advised fund in 2011, and for two years, we assisted him in making grants to help sustain our rivers long into the future.

Sometimes Mr. Martin would recommend specific projects he wanted to support. Sometimes FRF staff would take grant proposals to him for consideration. Working as a team, we directed nearly $500,000 locally to help rivers and other environmental efforts.

Sadly, on March 5, 2013, Mr. Martin passed away. The FRF Staff and Board members miss our dear friend, and this community lost a devoted supporter and visionary. His trust in FRF to honor his charitable intentions will benefit our community for generations to come. With his bequest gift, FRF is establishing the Ted Martin Legacy Fund which will be invested and used to support causes that align with Mr. Martin’s heartfelt wish—a healthy, sustainable environment where lasting childhood memories are created.

PHOTO COURTESY OF SAN JOAQUIN RIVER PARKWAY AND CONSERVATION TRUST, INC. 2014

PHOTO AT RIGHT:

Ted Martin on the San Joaquin River

PHOTO COURTESY OF KATHY MIRANDA

DONOR ADVISED FUND TO LEGACY FUND

Projects made possible by Dorothy Mitsuoka Endowment FundBOYS AND GIRLS CLUB OF FRESNO

202 youth servedCUTLER-OROSI JOINT UNIFIED

75 youth servedHELPING OTHERS PURSUE EXCELLENCE 68 youth served PARENT INSTITUTE FOR QUALITY EDUCATION 253 youth and families servedCOMMUNITY SERVICES EMPLOYMENT TRAINING 15 youth served

SPRING VALLEY SCHOOL 75 youth served COMMUNITY YOUTH MINISTRIES

315 youth served

The Dorothy Mitsuoka FundHer legacy lives onDorothy Mitsuoka was a successful citrus

farmer with a passion for education. She wanted to help children in the Dinuba

area, where she lived, to reach their academic dreams since she’d never been able to go to college herself. Her generosity and work ethic were unrivaled, her friends recall. To her, a college education was the most valuable thing a child could receive.

Her wish became a realityBefore Dorothy Mitsuoka passed away

from cancer in 2008, she planned for FRF to receive her bequest gift of the citrus orchards she farmed. Her bequest gift is creating opportunities for youth in the Dinuba area to continue their education. Included in her will are instructions for an endowed fund within FRF that will continue to change the lives of the children she held so dear.

MOBILIZE -Community

-Schools

-Families

-Community Benefit Organizations

-Donors

TARGET-Specific Neighborhoods

-Family Centers

-Schools

INVEST-Summer Programs

-Learning Rich Environments

-Health

-Early Learning and Education

THE FUND BEGINS Inspired and launched by The James Irvine Foundation

IDENTIFY CURRENT ISSUECommittee identifies early education intervention as solution for lasting change.

GOALThe goal is to support families and children ages 0 to 8 for success by the 3rd grade by mobilizing, targeting, and investing in our communities.

RESEARCH BENCHMARKS TO MEASURE SUCCESS

CONTINUE TO ASSESS COMMUNITY NEEDS

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BEGINNING TODAY TOMORROW AND FOREVER

THE FUND EXPANDS AND CONTINUESLocal donors build The FUND endowment to $20 million that will generate earnings to provide $1 million annually to address the most pressing issues.

FUTURE ISSUES AND SOLUTIONS TO BE IDENTIFIED

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LEGACY FUND

ABOVE: Donor Dorothy Mitsuoka RIGHT: Helping Others Pursue Excellence works with youth in Dinuba to teach them hands-on skills.BOTTOM: Students in Cutler-Orosi visit Reedley College to learn about how to continue a higher education.

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MOBILIZE -Community

-Schools

-Families

-Community Benefit Organizations

-Donors

TARGET-Specific Neighborhoods

-Family Centers

-Schools

INVEST-Summer Programs

-Learning Rich Environments

-Health

-Early Learning and Education

THE FUND BEGINS Inspired and launched by The James Irvine Foundation

IDENTIFY CURRENT ISSUECommittee identifies early education intervention as solution for lasting change.

GOALThe goal is to support families and children ages 0 to 8 for success by the 3rd grade by mobilizing, targeting, and investing in our communities.

RESEARCH BENCHMARKS TO MEASURE SUCCESS

CONTINUE TO ASSESS COMMUNITY NEEDS

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BEGINNING TODAY TOMORROW AND FOREVER

THE FUND EXPANDS AND CONTINUESLocal donors build The FUND endowment to $20 million that will generate earnings to provide $1 million annually to address the most pressing issues.

FUTURE ISSUES AND SOLUTIONS TO BE IDENTIFIED

Forever investing in solutions for the San Joaquin ValleyThe FUND for the San Joaquin Valley is exactly what it sounds like:

It is a fund for the community, by the community.

It’s an opportunity for people all across the San Joaquin Valley to invest in the region now and for generations to come, by focusing charitable gifts on the most pressing issues.

GIVE TO THE FUND

Local donors are making this work possible

with gifts to The FUND for the San Joaquin Valley.

And you can join us through various giving options:

• Check, wire, or ACH transfer

• Stock, bonds, mutual funds

• Appreciated assets

• Real estate

• 401k roll-over distributions

• Beneficiary to a life insurance policy

• Bequest gift—Let us know if The FUND is in your will

• Pledge over multiple years

• From an existing donor advised fund

Make checks payable to Fresno Regional Foundation.

Memo: The FUND

Competitive Grantmaking

High Impact

Teen Pregnancy Prevention (TPP)

Youth

Environment

Human Services

Arts and Culture

CONNECTION FRF’s goal to support families and children ages 0–8 for success by third grade represents a complex interplay between the home, community, and our education system. To meet this goal, FRF funds organizations that reinforce and build upon the work of other programs and systems.

CONNECTION TPP work in the Valley requires a rich and layered understanding of families and culture. The work we do now impacts the quality of life for generations to come. Funded organizations are helping youth make informed, thoughtful choices about all aspects of their lives.

CONNECTION Our region depends on all children having a pathway out of poverty, and education is a crucial step on that path.

CONNECTION FRF is invested in the interplay between economic vitality and environmental issues in this rich agricultural region. FRF funded programs focused on smart growth strategies that advance public health, social equity, environmental sustainability, and economic growth.

CONNECTION FRF is focused on strengthening community organizations in fiscal management, board governance, and leadership development.

CONNECTION Arts and Culture enrich communities and are vital in educating children.

NUMBER OF GRANTS

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NUMBER OF GRANTS

25

NUMBER OF GRANTS

61

NUMBER OF GRANTS

40

NUMBER OF GRANTS

56

NUMBER OF GRANTS

49 GRANTS TOTAL

$868,111

GRANTS TOTAL

$797,845

GRANTS TOTAL

$619,540

GRANTS TOTAL

$1,762,606

GRANTS TOTAL

$904,859

GRANTS TOTAL

$1,175,000

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There are many complex issues that affect the Central San Joaquin Valley. The Competitive Grantmaking Program through FRF has a dynamic process to adapt

to the complex issues facing the Valley. We have seen the different threads of these grant cycles weave over the years to create a vigorous competitive grantmaking program.

2008–2013

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Competitive GrantmakingMission of Fresno Regional FoundationFRF started the competitive grantmaking program in 2008 with three areas: Arts and Culture, Youth, and Human Services. It began as a humble competitive grantmaking program, but throughout the years it has flourished and taken the Foundation to new levels of community leadership.

During that time, larger foundations such as The William and Flora Hewlett Foundation, The California Wellness Foundation, and The James Irvine Foundation began looking at the San Joaquin Valley. Why? Because they understand that the economic stability of California cannot be reached without a healthy, vibrant Central Valley. Programs in our Teen Pregnancy Prevention, Environment, and High Impact grant cycles have been made possible thanks to these partnerships.

Since 2008, the competitive grantmaking process has been refined and strengthened with engaged Board and Community members and a continuous commitment to work as a learning organization.

We have discovered that while our six grant cycles focus on different elements of community development, they do not function in silos. Across all of the grant cycles, FRF is working to carve a pathway for families out of poverty, from the correlation of arts and culture with academic success, to the integration of transportation, housing, green space, and equity, which is at the heart of Smart Growth, to investing in our youth to make healthy decisions. These grant cycles—and our partnerships with larger foundations—and donors have helped FRF create a comprehensive system to further our mission: Improve the quality of life in the Central San Joaquin Valley through Philanthropy.

PROGRAM EXAMPLE Woodlake Family Resource Center worked to cultivate a learning rich community —engaging local groups from barbershops to child care providers —demonstrating the old adage, “it takes a village to raise a child.”

PROGRAM EXAMPLE Fresno Barrios Unidos was funded to serve 120 young women in foster care using FOCUS, an evidence-based teen pregnancy prevention curriculum.

PROGRAM EXAMPLE Central Valley Higher Education Consortium held a 5-day College Admission Prep Camp for 75 youth, providing a variety of college prep activities such as writing personal statements, college applications, and leadership training.

PROGRAM EXAMPLE Leadership Council for Justice and Accountability worked with low-income communities to create smart growth solutions. The Fresno State Biology Department worked to identify the optimal conditions for reintroducing salmon into the San Joaquin River.

PROGRAM EXAMPLE Fresno Metro Ministry demonstrated the importance of developing a clear direction in leadership transition and board governance through its capacity building grant.

PROGRAM EXAMPLE Youth Orchestras of Fresno led a music program for youth in underserved communities which demonstrated the interplay of arts and student success. Students who participated in the on-campus, after-school music program showed significant gains in reading level and overall school performance.

FUNDING SOURCEThe James Irvine Foundation

FUNDING SOURCEThe William and Flora Hewlett Foundation and The California Wellness Foundation

FUNDING SOURCEMitsuoka Endowment Fund, Anonymous Donor, and Board’s Fund for the Common Good

FUNDING SOURCEEdward (Ted) Martin Fund, Louis Gundelfinger Memorial Fund, and Board’s Fund for the Common Good

FUNDING SOURCEBoard’s Fund for the Common Good, Ellen E. Bush Fund, and Berven Charitable Fund

FUNDING SOURCEBee Endowment Fund, Hearst Endowment Fund, Arts to Zoo Fund, and Louis Gundelfinger Memorial Fund

Dewey Slater joined the FRF Board of Directors in January 2007. He was recruited at a time when the

Foundation needed strength, stability, and deep knowledge of the community. As the personification of the Board’s values of integrity, inclusion, excellence, and stewardship, Dewey steered FRF toward new heights as a director and ultimately, as the FRF Board Chair in 2011 and 2012. We were confident that his final three-year term would bring wisdom and a calming influence to a relatively new group of directors, so his death on August 6, 2013, shook us to the core and left us bereft of a visionary leader and a true San Joaquin Valley ambassador.

Dewey was a fourth generation Fresnan and owner of a long-time family business. He was a star Rotarian, a dedicated member of his Temple, an active supporter of Valley Public Radio, a voracious reader, and an ever-present cheerleader at community events—yet he always found time to prioritize his commitment to FRF as a friend of the staff and as a counselor to his board colleagues. Dewey felt a personal responsibility to help all children in Fresno, and under his leadership, FRF launched its most innovative campaign—The FUND for the San Joaquin Valley. He dedicated his life to improving the lives of others, and his spirit remains in the good work that continues through FRF.

I am grateful for the many hours that I spent in Dewey’s company. He was a genuine inspiration and a dear friend, and I continue to feel the loss of this extraordinary man every day. Thanks to Dewey, I am a better man, and our community is a better place.

Dan DeSantis

A Tribute to

Dewey Slater

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Dewey Slater with his son Andy and wife Marie. Dewey served as Board Chair in 2011 and 2012.

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

$2

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$4

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2%2%

14%DONOR

ADVISEDFUNDS

15%FIELD OFINTEREST

FUNDS

DESIGNATED FUNDS

5%SCHOLARSHIP

FUNDS

17%DISCRETIONARY

FUNDS

OPERATIONAL & FRF CAPACITY BUILDING

34%SUPPORT

ORANIZATIONS

11%AGENCYFUNDS

TOTAL$65,000,000

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endowed assets exceeded $10 million. Donors and grantees came from a wider area, including Madera, Kings, and Tulare counties. Under Dan’s guidance, our relationships and reputation with outside funders placed the San Joaquin Valley front and center in both state and national conversations.

We could itemize many more of Dan’s specific accomplishments, but it is his integrity and commitment to donors and the entire community that have established the trust that is the cornerstone of FRF’s growth and influence. We remain committed to building upon that trust, and we wish him the best in his retirement and in the next part of his journey.

— The Staff of Fresno Regional Foundation

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

$2

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$2

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$2

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$4

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2%2%

14%DONOR

ADVISEDFUNDS

15%FIELD OFINTEREST

FUNDS

DESIGNATED FUNDS

5%SCHOLARSHIP

FUNDS

17%DISCRETIONARY

FUNDS

OPERATIONAL & FRF CAPACITY BUILDING

34%SUPPORT

ORANIZATIONS

11%AGENCYFUNDS

TOTAL$65,000,000

Fresno Regional Foundation utilizes Price, Paige & Company to perform annual audits of our financial records. Our audited financial statements are available on our website or by calling our office at 559-226-5600.

A Few Words from the Staff about Dan DeSantis, CEO Fresno Regional Foundation Financial HighlightsGross Assets Growth

2013 Gross Assets By Purpose

Dan joined FRF as the first CEO in 2005. At the time, Sharon Sanchez had already

been with the Foundation for seven years, so she witnessed the amazing growth and increased sophistication of FRF under Dan’s leadership. Dan hired new staff, beginning with Lori Clanton in 2006 and Sandra Flores in 2007, and now there are nine full-time staff members who are passionate and skilled in supporting philanthropy in the San Joaquin Valley.

Creating a vibrant and healthy culture of philanthropy is a long-term investment, and Dan understands this. As we watched Dan work long hours and attend numerous evening and weekend events, we often said that he was patiently planting seeds to be harvested by others. During his nine years of service, Dan’s list of accomplishments became lengthy and varied. The FRF Board filled to its capacity of 15. The assets tripled, and the number of funds doubled. The competitive grantmaking became more substantial and strategic. The

RIGHT: Dan and Kathy DeSantis

BOTTOM: Dan and the FRF staff gathered on the Fulton Mall for lunch during CartHop.

www.fresnoregfoundation.org

559.226.5600

5250 North Palm Avenue

Suite 424

Fresno, California 93704

Staff2013Dan DeSantis CEOLori Clanton Director of AdministrationSharon Sanchez Finance ManagerRico Guerrero Donor Relations CoordinatorSandra Flores Senior Program OfficerCharise Hansen Program OfficerKelvin Alfaro Program OfficerMichelle Murphy Program Support Specialist Katie Gallo Foundation Support SpecialistSarah Soberal Program Support Specialist Natalie Garcia Program Officer

Board of Directors Louis “Dewey” Slater Co-Owner Sanders and Slater Furniture C. Ray Steele Jr. Retired Publisher The Fresno Bee Mariam Stepanian President/General Manager Valley Public RadioAllysunn Walker-Williams, MPH, MBA President & CEO California Council on Economic Education

2014 New Board MembersJoe Del Bosque President Del Bosque Farms, Inc.Susan Abundis Managing Director and Division Credit Manager Bank of the WestDavid Johnson Manager Inventory Allenberg Cotton Co.

EmeritusWilliam M. Lyles Business Owner Lyles Diversified, Inc.Chris Rogers Community VolunteerMorton G. Rosenstein, M.D. Retired, OB/GYN O. James Woodward III Attorney Baker Manock & Jensen

2013 Board MembersCarole Andersen BOARD CHAIR CPA, Deloitte.Desa C. Belyea Retired Assistant Managing Editor The Fresno BeeCarol Chandler Chandler Farms, LPMarla Hartman Tulare County Business Leader, Community AdvocateLydia Herrera-Mata, M.D. Family Medicine, Assistant Clinical Professor UCSF Fresno James D. Hallowell Retired, Owner Hallowell Chevrolet Honorable Brad Hill Presiding Justice 5th District Court of AppealJeanette Ishii Senior Government Relations Representative PG&ECelia Maldonado Arroyo, M.A. Retired Associate Dean College of the SequoiasRichard Olsson Semi-Retired Wells Fargo Honorable Armando Rodriguez Retired Judge California Superior Court, Fresno

For more detailed descriptions of giving opportunities, programs, and listings of grants awarded, please visit: www.fresnoregfoundation.org/ 2013annualreport

The journey through philanthropy starts here. 2013 ANNUAL REPORT