2014 Annual Report

THE POWERTO DO

GOOD

Celebrating

We love the theme of this annual report, Celebrating the Power to Do Good, because it really sums up the meaning of philanthropy: the power to do good. Here at the Porter County Community Foundation, our job is helping people and organizations to maximize this power.

As a Foundation, we connect people to the causes they care about so we can all improve lives in Porter County. Together, we strengthen the work of non-profits through grants and other efforts that build the capacity to do even more good. Collectively, we build a stronger community for all by identifying issues, bringing together key stakeholders, and leveraging resources for greater impact.

During this past year alone, the Foundation was able to give more than $1.9 million in grants to worthy Porter County organizations – all because people like you have chosen to maximize your power to do good through the Foundation. We thank you for choosing the Foundation as your place to support Porter County.

Spero Valavanis Barbara A. YoungChair President

DEAR FRIENDS

5,700total

donors

19 new

funds

350 total

funds

$1.9million in

grants2

215 nonprofitpartners

Stephen P. AdikAlan J. BarsophyFred BerglundSandra A.M. BowieDeb ButterfieldDavid CanrightKenneth ElwoodTheodore FitzgeraldPaul GodfreyMichael J. GriffinAlan F. HarreMichael C. HarrisJulia HessWilliam HigbieJames E. HuttonDarl R. JarneckeDavid KellyKeith KirkpatrickSharon KishR. Bradley KoeppenJudy LeetzDonald A. LeschTerrance A. LevendaMark MaasselJames D. MageraArthur Malasto

Jane MaxwellJames M. MeltonRita MolengraftL. Dean MooreJonathan NalliWilliam OedingDouglas W. OlsonJack A. Palmer, Jr.Gerard PannekoekLeslie PlesacWilliam Poe, Jr.Paul ReisenEmily RemsterLeslie E. RobinsonDavid RoseEdwin RussellHarley SnyderFrank SturdevantMorris A. SunkelRobert SwinehartWilliam H. WagnerDon WeissCharles P. WelterLinda WoloshanskyGregory J. Yergler

BOARD EMERITUS

Kim Abbett, Community Volunteer

Andrew Arnold, Precision Control Systems

Jan Barsophy, HealthCare Management, LLC

Rick Calinski, NIPSCO

Laura Campbell, Centier Bank

Laura Elliott, Incapital

Dr. John Felton, Retired Ophthalmologist

Angela Fielder, Weiss Entities

Stephanie Gerdes, Centier Bank

Minakshi Ghuman, RE/MAX Pace Realty

Carol Hall, Berglund Construction

John Hannon, Great Lakes Engineering

Heather Harrigan Hitz, Empower Porter County

Joe Jaskowiak, Hoeppner, Wagner & Evans

Stephanie Jones, Cisco Systems

Susan Kelly-Johnson, Attorney at Law

Geoff Laciak, Laciak Accountancy Group

Jon Leetz, Indiana Beverage

Stephen Lunn, Porter Healthcare System

William P. Maar, Thrivent Financial for Lutherans

Kent Mishler, Horizon Bank

Ralph Neff, Mechanical Concepts, Inc.

Desila Rosetti, Organizational Development Solutions

Gregory Sobkowski, Hodges & Davis

Jacki Stutzman, Community Volunteer

Spero Valavanis, Design Organization

John Walsh, Heat Wagon

Katharine Wehling, Independent Consultant

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BOARD OF DIRECTORS

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“We chose the Foundation to

handle our estate giving plans. We like

their longevity, respect their expertise, and

know they will remain faithful to our wishes.”

—Doug & Jackie Watkins

Linking people with ways to do good

Doug and Jackie Watkins are familiar faces in Porter County as volunteers for organizations like the VNA Hospice, Hilltop House, and Immanuel Lutheran Church. “We believe in giving back,” explained Doug Watkins. The couple met while working at Valparaiso University, marrying in 1989.

Doug went on to become an advisor with Thrivent Financial, a Fortune 500 financial services nonprofit organization, where he served others for more than 20 years. As he counseled clients in the best ways to approach charitable giving, he became familiar with the Porter County Community Foundation. “I liked the Foundation’s longevity and expertise,” said Doug, who had seen other organizations come and go.

“I grew up in Gary, where there was this beautiful Tudor-style church. It was a gleaming, wonderful edifice that you knew would be there forever. Yet, years later it closed and started to decay. Now film crews use it as a site to shoot pieces that depict bomb blasts and war zones. That was never supposed to happen to a place like that,” he shared.

So when the couple began thinking of their own estate planning, they wanted to ensure their philanthropy would last forever. They chose to join the Foundation’s Echo Society, creating an endowed gift that would live on forever to help five causes dearest to their hearts: Immanuel Lutheran Church, Valparaiso University, Hilltop Neighborhood House, VNA Hospice, and Porter County Animal Shelter.

“We can rest easy knowing that the Foundation will honor our wishes,” said Jackie. “We think we can do a better job than the government when it comes to spending the dollars we’ve worked so hard to earn. Further, we think the Foundation is best qualified to guarantee that our values and philanthropic wishes will continue to benefit this community long after we are gone,” said Doug.

CONNECTING

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Walter and Dorothy AilesDrs. John and Susan AveryDr. Maurice P. Avery, Jr.*John and Mary Ann Bauer*Mr.* and Mrs. Bryce BillingsThe Quentin A. Blachly FamilyCarol Ann BowmanThe Kenneth A. Brist FamilyDeb ButterfieldMr. and Mrs. Christopher D. CampbellRobert and Betty CampionPeter and Rosann CandelaRichard and Gloria CornmanGreg and Carol CostakisMs. Patricia S. CriseJanet M. Davis*Luella DeWulfJames and Catherine DouglasEarl & Marjolet Duffin*Joseph C. Durand*Mark and Mary EnnesRobert EspieDan and Sue* FarrellDr. and Mrs. John L. FeltonGary Fischer and Judy FischerDamien and Rita GabisRobert and Bobbi Gasser*Charley and Del GillispieEugene and Marilyn GlickEarl Grieger*Lee GroggDuane and Christine HamacherJim and Donna HannahMr. and Mrs. Clyde Hardin*Terry and Linda HardinAlan and Diane HarreLaura HartingMs. Carolyn J. HartleyMargaret “Sis” Heinhold*Marie Heinold*Elmer* and Bea HessFred and Marjorie HessFrederick and Julia HessBill and Karen HigbieMartha HoeppnerWilma Homer*Ethel V. Horton*

Peter G. HortonWilbur Hutchins*Jim and Bev HuttonMildred Johnson*Michael and Stephanie JonesLarry and Jerilyn Klemz*Myron C. KnauffRichard K. KneifelRichard P. Koenig*Robert KoenigGregory Kolakowski*Karl K. KrizmanicBurt and Maureen LangerC. Ruth Laube*Dennis and Lillie LauerKeith and Diane LawrenceMr. and Mrs. Jon LeetzBruce and Marilyn LindnerMarge LippertJoanne* and Wesley MaiersArt* and Irene MalastoJane MaxwellDr. and Mrs. Larry McAfeeStewart and Kathryn McMillanFlorence Melton*James and Barbara MeltonGertrude Meyerowitz*Dave and Marion* MilliganAndrew and Nancy MoatsDon and Peg MoharL. Dean and Mary MooreMichael E. MorylMyrna NewgentSherry OhlfestTom and Evelyn Pappas*John and Cathy PetermanLeslie PlesacGladys Radtke*Robert and Stephanie ReadDavid and Shirley RemijanEmily RemsterJohn Remster, Sr.*Mark ReshkinDavid and Debbi ReynoldsClarence* and Margaret RiversRankin Roberts IV*Leslie and Donna Robinson*

Dr. Jerry and Linda RodenbargerDavid and Linda RoseGeorge* and Katherine Rose FamilyEdwin and Mary RussellSharon K. SanelliCynthia J. SausmanTimothy and Nancy ScannellRobert and Elizabeth SchenckDr. David* & Phyllis Larson SchroederMary Beth SchultzMark and Bonnie SeamanJohn and Rin SeibertJohn and Beverly ShroatDennis and Tammy SikorskiJan and Harley SnyderHoward and Carol StrubleMs. Jacki StutzmanThe Bill Tanke FamilyMr. and Mrs. Peter TurekGeorge* and Judith UrbanDaniel and Joanne UrschelBetty* and Bill WagnerDoug and Jackie WatkinsJack White*Phyllis WielgusArthur Willing*Martha L. WillisEunice “Judy” Woidke*Minerva B. Wuethrich*Barbara A. YoungMary A. Young*

The Echo Society honors the extraordinary generosity of those who make an endowed lifetime gift or leave all or a portion of their assets to the Foundation through a will or estate plan. By creating an endowed gift, you can leave a lasting legacy – like an echo. You may choose the cause or causes to benefit from your gift.

Pat Crise established an endowed fund with the Foundation to benefit causes she cares about. Her gift will make a difference today and forever.

*Deceased5

Echo Society

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Maximizing the power to do goodPorter County has so many excellent nonprofit organizations doing good each day. By strengthening their efforts, we help them to do even more. This past year, with your help, the Foundation was able to distribute nearly $1.9 million in scholarships and grants to nonprofit organizations. The Boys & Girls Clubs, and Lakeshore Paws are just two of the 39 organizations the Foundation supported along with Community Fund grants in 2014.

Music to our earsGrant helps Boys & Girls Clubs to reach middle school students

A grant to the Boys & Girls Clubs of Porter County enabled the Valparaiso facility to create a digital music studio with a coffee house vibe for middle school students. The project partners the Club with Studio 6, where eight new music stations teach middle schoolers to reach their creative potential as they learn the values of self-control, trust, unity, diligence, ingenuity, and optimism. “Middle school students are at a transitional age. We’ve found that if we can engage them at this age, we can make a big impact in helping them to develop into productive citizens,” said Alison Martin, Director of Resource Development for Boys & Girls Clubs.

1,400 dogs… and countingGrant helps Lakeshore Paws to accept five times as many abandoned dogs

Lakeshore Paws has been rescuing abandoned and unwanted dogs since 2011, finding homes for more than 1,400 dogs (and counting), preventing them from ending up in shelters or even euthanized. Yet, their efforts were limited by a small intake facility that could only accept three dogs at a time. A Foundation grant provided the intake facility with an additional 15 quarantined kennels, making a huge difference in the ability to rescue dogs. “Instantly we were able to save more dogs, especially puppies who are so susceptible to disease and illness that they must be isolated when we first accept them. We’ve been able to welcome puppies and their moms who might otherwise have been euthanized at other facilities,” said Jeanne Sommer, Executive Director for Lakeshore Paws.

STRENGTHENING

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VisionaryMr. Tom Sourlis and Mrs. Susan Eleuterio

ChampionJack Allen and Jody AllenMs. Jacki Stutzman

LeaderStephen and Victoria Adik

PartnerMr. and Mrs. Lawrence BurnellMr. Stephen LunnJane MaxwellMr. and Mrs. Peter TurekKathleen and John WalshMr. and Mrs. Deno K. YiankesMs. Barbara A. Young

FriendMr. and Mrs. Mark AbbettScott and Elizabeth AllenBill and Debi AndersonScott and Debbie AnselmMr. and Mrs. Andrew ArnoldMr. and Mrs. Alan J. BarsophyBloomfield MechanicalCarol Ann BowmanThomas and Amy BrownMr. and Mrs. Christopher D. CampbellMr. and Mrs. Dean CobbleGreg and Carol CostakisMr. and Mrs. George DouglasTom and Connie EllefsonMr. and Mrs. Todd ElliottLarry and Laura EvansMary Ann FellerDr. and Mrs. John L. FeltonMr. and Mrs. Brent FielderDr. and Mrs. Enrico V. FratacciaDamien and Rita GabisJess and Stephanie GerdesMinakshi GhumanGrieger Motor SalesMrs. Valeurie GriegerMr. Howard GutensteinJeffrey and Carol HahnJohn and Laura HannonErnest and Cheryl HarmonThe Honorable Mary Harper and The Honorable David Chidester

Laura HartingFrederick and Julia HessBill and Karen HigbieMr. and Mrs. John HinkeyEarle and Katherine HitesMr. and Mrs. J. Brian HittingerMr. Larry Hitz and Mrs. Heather Harrigan HitzMr. and Mrs. Harry E. HowisenMr. and Mrs. James E. HuttonMr. and Mrs. Joseph JaskowiakDr. John Johnson and Mrs. Susan Kelly-JohnsonMichael and Stephanie JonesJim and Melodee KalinkeDavid and Teresa Karp and FamilyKaren and Tom KennedyMr. and Mrs. Kevin T. KenyonDeb and Brad KoeppenDr. and Mrs. James W. KozelkaEric KroegerBurt and Maureen LangerMr. and Mrs. Steven L. LangerMr. and Mrs. Warren LarsonMr. and Mrs. Jon LeetzJeff and Kristin LewisBill and Erica MaarMark T. and Christine R. MaasselRoss and Kelly MacLennanMrs. Martha MartzBill and Julie MastersonJim and Johanna McGillStewart and Kathryn McMillanDr. Michael and Julie MinJonathan and Cathleen NalliRalph and Melissa NeffMr. and Mrs. William OedingMs. Sherry OhlfestDr. and Mrs. Stephen H. PaulMs. Leslie PlesacMr. and Mrs. Paul L. ReisenMrs. Emily RemsterScott and Nadine RibordyMr. and Mrs. Tom RobertsDavid and Linda RoseJim and Desila RosettiMike and Tricia SakichTimothy and Nancy Scannell

Mike and Brenda SheetzDennis and Tammy SikorskiMr. and Mrs. Nick SommerMorrie and Denise SunkelRick and Joanne SvetanoffSpero ValavanisVic and Donna VolomBill WagnerDoug and Jackie WatkinsW.F. “Bill” WellmanKaty Welter and Rick BietermanJim Fitzer & Kelly WhiteJohn and Amy WiktorMr. and Mrs. Darwin WisemanMr. and Mrs. Alex WoloshanskyBeth and Joe Wrobel

The Circle of Promise recognizes and thanks the wonderful individuals and families who choose to support the Foundation with an annual gift of $1,000 or more. Each gift means that the Foundation can continue to make a positive impact on lives throughout Porter County. We thank the following for their generosity as 2014 Circle of Promise members.

For the complete list of 2014 donors, visit our website at portercountyfoundation.org.

Circle of Promise

Carol and Jeff Hahn together with other generous donors support the Foundation with an annual gift to ensure the Foundation has the needed resources to respond to the community’s most pressing needs.

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Identifying our community’s greatest needs and then finding ways to do the greatest good As the hub for Porter County nonprofit organizations and the people who support them, the Foundation helps to identify and address Porter County’s greatest needs:

HomelessnessThe Foundation helps to support organizations that improve shelter options for local residents, including Rebuilding Together – Duneland, a nonprofit organization that has assisted more than 180 families in making their homes safer, more efficient, and more accessible. By helping people to remain sheltered and independent in their own homes, Rebuilding Together – Duneland is making a positive impact on homelessness in our community.

LiteracyEnhancing literacy begins in childhood. Studies show that children who are developmentally ready for kindergarten are four times more likely to graduate from high school. Further, high school graduates earn an average of $500,000 more, live nine years longer, and are six times less likely to be arrested than those who do not graduate. To assist in enhancing kindergarten-readiness, the Foundation supports Parents as Teachers, a nonprofit organization that enhances child development and school achievement through parent education.

Substance Abuse The Foundation engaged Community Solutions to facilitate a county wide conversation on the issue of substance abuse called “Getting to Results.” This group of community stakeholders is working to create strategies and identify measurement indicators to achieve the desired result “that all youth will be substance free” in Porter County. It will take the collective wisdom and commitment from all of us to really move the needle in a positive direction on this issue. “Getting to Results” is a major step in that direction.

BUILDING

“The impact of this grant is far reaching. Because of the Foundation’s

support in just the last two years alone, 325 children who had no other

preschool experiences are better prepared to enter school, which makes

them twice as likely to be reading at grade level by third grade. Additionally,

their families are better prepared as well to play the critical roles needed in the ever changing demands required

for today’s school success.”

—Jill Stricker, Executive Director, Parents as Teachers of Porter County

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Impact Porter County

DreamsMrs. Beth WhiteOpportunityMrs. Elizabeth AllenPromiseMrs. Stephanie L. JonesMrs. Emily RemsterMs. Jacki StutzmanHopeMrs. Kimberly AbbettMrs. Victoria AdikMrs. Jan-Marie BarsophyMrs. Sharon R. BeachMs. Jeanette BinderMrs. Stacy BirkyMrs. Pat BodensteinerMs. Carol A. BowmanMrs. Georgia A. BrickerMrs. Peggy BurnellMs. Nicky CalhounMrs. Cara J. Carrabine-DaltonMrs. Maggie CobbleMs. Patricia S. CriseMrs. Suman DasMrs. Joanna DonovanMrs. Laura ElliottMrs. Mary EnnesMrs. Laura EvansMrs. Judy A. Fischer

Mrs. Stephanie GerdesMrs. Laura GerhardtMs. Minakshi GhumanDr. Cynthia GrundyMrs. Carol HallMrs. Laura HartingMrs. Karen HartmanMs. Ann HarvuotMrs. Kathy HarvuotMrs. Julia HessMrs. Marguerite HillMrs. Tiffany IrvingMs. Izabella JarvisMrs. Connie JehaMrs. Karen JohnsonMrs. Teresa KarpMrs. Susan Kelly-JohnsonMrs. Sean KenyonMrs. Candace KilpinenMrs. Sharon A. KishMrs. Sarah KotysMrs. Catherine C. KozelkaMrs. Lee LaneMrs. Judy LeetzMrs. Michele LoudermilkMrs. Heather K. LynchMrs. Betsy MacLennanMrs. Elizabeth MarksMrs. Martha MartzMrs. Mary Marvel

Mrs. Jane MaxwellMs. Denise McDermottMrs. Ellen B. MeyerMs. Kay MoodyMrs. Carey MorrissonMrs. Laurie MulletMs. Kate ParksMrs. Jan K. PaulsonMrs. Maxine J. PhilipsMs. Geraldine PigottMs. Leslie PlesacMrs. Deb ReynoldsMrs. Tricia SakichMrs. Annmarie SeversonMrs. Jan SnyderMrs. Jeanne SommerMrs. Pat SwansonMs. Cinda L. UrschelMrs. Joanne UrschelMrs. Jennifer VidimosMrs. Kathleen WalshMs. Katharine E. WehlingMrs. Beth WelterMs. Ann WenzMs. Corinne WhiteMs. Margaret WillifordMrs. Linda WoloshanskyMs. Barbara A. Young

Impact Porter County is an active giving circle of women helping women through the Porter County Community Foundation. This dynamic group makes a lasting impact by awarding significant grants that improve the quality of life for women and children in Porter County. To join Impact Porter County, women contribute $1,000 (or more) annually to the Women’s Fund.

@PCgivingproject is a group of young families and leaders who are inspiring young philanthropists through collective giving to invest in the future of Porter County. These Founders chose to make a gift of $500 or more to establish a fund that will benefit children and the community they call home for generations to come.

Wes Barnes Laura and Chris Campbell Ashley and Patrick Dickinson Drs. Mohamed Farhat and Lauren CerulloMatt and Kelly Glaros Jonathan and Bonny Hildebrand Tiffany & Jeremy Irving Joan and Louis Kisic Kurt and Taylor Klepsch Sarah and Wes Kotys Geoff and Marjie Laciak Dana Rifai and Basel HajjarJulie and Brian Tegt Erin and Rick Urschel John and Amy Wiktor Lauren and Chris Winkler

@PCgivingproject@PCgivingprojectBringing young philanthropists together for Porter County

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ANIMAL FUNDSEarl and Marjolet Duffin Field of Interest Endowment FundPorter County Animal Shelter Fund

ARTS AND CULTURE FUNDSArts & Culture Pass Through FundAllison Carter Art Award FundBrauer Museum of Art at Valparaiso University FundLuella Cline DeWulf Fund for the Chesterton Art CenterGreg Kolakowski Endowment Fund for the ArtsMemorial Opera House FundSouth Shore Arts FundSparking the Arts FundSupport Cast and Crew of the Community Theatre Guild FundValparaiso Arts Advisory Commission Fund

COMMUNITY FUNDS1st Source Bank Community FundWalter and Dorothy Ailes Fund for the Porter County Community FundAngel FundAl and Jan Barsophy Fund for the Porter County Community FoundationCentier Bank Community FundPorter County Century Fund

Carol Brabec Edwards Memorial Fund for the Women’s Fund of Porter CountyFirst National Bank of Valparaiso Community FundHistorical Society of Porter County FundKappa Kappa Kappa, Iota Chapter FundMorgan Township Summer League FundOgden Dunes Community FundOrville Redenbacher Popcorn Festival Fund@PCgivingproject FundPorter County Community FundPorter County Community Foundation Operating Endowment FundPorter County Historical Site Preservation FundPorter County Housing Assistance FundPortage Mayors Ball FundProject Neighbors FundLeslie and Donna Robinson FundWilliam S. and Barbara L. Tanke Community FundValparaiso Diversity Network Association FundValparaiso Mayors BallValparaiso Tree FundWomen’s Fund of Porter County

DONOR ADVISED FUNDS2911 Pass Through FundAllen Family FundDavid Allen Family FundMichael Scott Allen Family FundSamuel Allen Family FundJohn and Mary Ann Bauer Donor Advised FundCarol Ann Bowman Pass Through FundBush Family FundPeter and Rosann Candela Donor Advised FundGreg and Carol Costakis Family FundPatricia S. Crise FundDesign Organization Endowment FundDesign Organization Community Giving FundLaura and Todd Elliott Family FundGreg and Elizabeth Farrall FundJohn L. and Cynthia L. Felton Donor Advised FundFirst National Bank of Valparaiso FundRichard and Karen Fleming Donor Advised FundBill and Karen Higbie Family FundHome Mountain Printing/Larry and Jerilyn Klemz FundIndiana Aviation Museum FundKennedy Buick Mazda FundLakeside Wealth Management Donor Advised FundJohn L. Largura Family Fund

fundsYou may choose to contribute to the following funds or create one of your own. Your gift can support good works in our community forever.

Nicole and her son have a permanent place to call home thanks to Habitat for Humanity of Greater Valparaiso. Her sweat equity and a 2014 Community Fund grant from the Foundation helped open the doors to a new chapter in her life. The Porter County Community Foundation works with our nonprofit partners as a part of the Porter County Coalition for Affordable Housing to address homelessness.

Mark T. and Christine R. Maassel Family FundZaedin N. Lancer Skolak Magee Humanitarian Foundation FundWesley W. and Joanne M. Maiers Donor Advised FundJohn and Sharon Mang Donor Advised FundStewart and Kathryn McMillan Donor Advised FundMeyerowitz Memorial Foundation for the Needy of Porter County FundRalph and Melissa Neff Family FundNorthwest Indiana Center for Clinical Research FundPlesac Family Scholarship FundRobert A. Read and Stephanie A. Read Family FundTimothy and Shelly Rice FundAllison Schuette Donor Advised FundSnyder Family FundTom Sourlis and Susan Eleuterio Donor Advised FundJohn and Marolyn Steffen FundStruble Family Donor Advised FundStuart and Megan Summers Family FundDonna Draper Welter Donor Advised FundHelen Willing Donor Advised FundBarbara A. Young FundYoung Family Fund

EDUCATION FUNDSAmerican Association of University Women Foundation Valparaiso BranchQuentin A. and Joanne R. Blachly Tuition Assistance Scholarship FundButler University FundPeter and Rosann Candela Fund for St. Paul Roman Catholic SchoolPeter and Rosann Candela Fund for the Valparaiso University School of BusinessPeter and Rosann Candela Fund for the Valparaiso University School of NursingThe Discovery Alliance FundDuneland Education Foundation, Inc. FundDon Quijote Spanish Education FundJudy Dorris Memorial FundHarold Heinold Endowment for Entrepreneurs FundImmanuel Lutheran School FundIvy Tech of Valparaiso FundKankakee Valley Job Training Program FundLiteracy Fund for Porter CountyParents as Teachers of Porter County FundPaula Mosser Scholarship FundSuzi Peterson Honorable Memorial Scholarship FundPortage Adult Education FundPorter County Public Library FundPorter Township School Corporation FundGeorge & Katherine Rose Family Music FundValparaiso Adult Learning Center FundThe College of Arts and Sciences of Valparaiso University Fund

Intercollegiate Athletics Program of Valparaiso University FundThe College of Business of Valparaiso University FundChapel of Resurrection of Valparaiso University FundChrist College of Valparaiso University FundThe College of Engineering of Valparaiso University FundThe School of Law of Valparaiso University FundThe College of Nursing of Valparaiso University FundValpo Fund of Valparaiso UniversityWilbur Hutchins Fund for the School of Business at Valparaiso University

ENVIRONMENTAL AND PARKS FUNDSChesterton Parks Endowment FundGRANTS Inc. Fund for the Indiana Dunes Environmental Learning CenterShirley Heinze Environmental Land Trust FundIndiana Dunes Environmental Learning Center Tuition Assistance FundIndiana Dunes Environmental Learning Center Fund

(continued)funds

The Foundation presented 19 Porter County students with scholarships in 2014, helping launch the future of these dedicated students. Eight scholarships were sponsored by NIPSCO, which has partnered with the Foundation for the past 14 years to provide education awards. The 2014 NIPSCO scholarship recipients were: (seated left to right) Hope Botempo—Hebron High School and Caitlin O’Quinn, Portage High School. Standing (left to right) is Jessica Ratel-Khan—Chesterton High School, Magdalena Barajas—Valparaiso High School and Katelyn Haver—Andrean High School. Not pictured are William Gotsch—Marquette High School, Emily Kolb—Kouts High School and Jessica Poludniak—Wheeler High School.

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John and Myrna Newgent Stewardship Program FundCharles and Hazel Olmsted Memorial Scholarship FundPortage Parks and Recreation Foundation FundPorter County Parks Foundation FundPorter County Wildlife Management Advisory Board FundRecycling & Waste Reduction District of Porter County FundRodenbarger Family Fund for the Valparaiso Parks FoundationSave the Dunes Conservation Endowment FundSunset Hill Farm Hands FundTaltree Arboretum and Gardens Endowment FundValplayso FundValparaiso Parks and Recreation Foundation FundWindow to the Wetlands FundWoodland Savanna Land Conservancy Endowment Fund

HEALTH FUNDSRosemary Hollingshead Aldrich/Rankin Roberts IV Memorial FundBob Austin Porter Health & Wellness FundPeter and Rosann Candela Fund for HealthLincPeter and Rosann Candela Fund for the Visiting Nurse Association FoundationHealthLinc FundDennis E. and Lillie J. Lauer Fund for HealthLinc

Mental Health America in Porter County FundDave and Marion Milligan Fund for the Visiting Nurse AssociationMukund Phadke One More Heartbeat Foundation FundPorter Diabetes Education FundPorter Health & Wellness FundPorter-Starke Services Foundation Fund

Dagna Simpson Hospice FundVisiting Nurse Association Foundation FundVNA Hospice FundVNA Phoenix Center FundWhispering Pines Fund

HUMAN SERVICES FUNDSWalter and Dorothy Ailes Fund for United Way of Porter CountyAmerican Red Cross, Porter County Chapter FundClothe-A-Kid FundPeter & Rosann Candela Fund for Catholic Family Service of Porter CountyPeter and Rosann Candela Fund for Opportunity EnterprisesPeter and Rosann Candela Fund for United Way of Porter CountyPeter and Rosann Candela Fund for the Valparaiso Family YMCAThe Caring Place FundCatholic Charities of the Diocese of Gary FundLuella Cline DeWulf Fund for the Duneland Family YMCACarol Brabec Edwards Memorial Fund for The Caring PlaceEndowment Fund of the Center Township Senior Citizens FoundationFamily House FundEugene & Marilyn Glick Foundation Fund for Opportunity EnterprisesGRANTS Inc. Fund for United Way of Porter CountyBryce Scott Handley Memorial FundHousing Opportunities FundMeridian Woods Capital Improvement FundMoraine House FundOpportunity Enterprises, Inc. FundChildren’s Endowment Fund for Opportunity EnterprisesLeona Pappas Memorial Fund for the Caring PlaceLeona Pappas Memorial Fund for the Salvation Army of Porter CountyPortage Township YMCA FundRobert A. and Stephanie A. Read Fund for United Way of Porter CountyRodenbarger Family Fund for the Valparaiso Family YMCASalvation Army - Porter County RegionSamaritan Counseling CenterHarley B. and Nora Snyder Fund for Opportunity EnterprisesJohn and Helen Sourlis Endowment Fund for TradeWinds Rehabilitation CenterUnited Way of Porter County Children and Families FundUnited Way of Porter County Help our Disabled FundUnited Way of Porter County Care for our Elderly FundUnited Way of Porter County Emergency FundUnited Way of Porter County Health and Wellness FundUnited Way of Porter County Generations FundUnited Way of Porter County Volunteer Center FundValparaiso Family YMCA FundRichard S. Young Memorial Fund for the American Red Cross--Porter County Chapter

(continued)funds

Kids of all ability levels are now able to play together at the new ValPLAYso. The Porter County Community Foundation was proud to provide a 2014 Community Fund grant to the Valparaiso Parks and Recreation Foundation to help purchase equipment for this inclusive community playground.

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RELIGION FUNDSAssociation of Lutheran Older AdultsGeorge A. and Iris E. Breyding Memorial FundChesterton United Methodist Church FundFirst Presbyterian Church of Valparaiso FundLillian Wilson Graeber Memorial Scholarship Fund for the First Presbyterian Church of ValparaisoImmanuel Lutheran Church FundSt. Paul Roman Catholic Church FundTrinity Lutheran Church Organ Fund

SCHOLARSHIP FUNDSLouise Ailes Memorial Scholarship Fund for Morgan Township High SchoolMaurice Palmer Avery III Memorial Scholarship FundBerglund Construction Company Scholarship FundSkip Bird Memorial Scholarship FundJohn (Jake) and Ruth Blastick Memorial Scholarship Fund for Morgan Township High SchoolCarol Ann Bowman Scholarship FundKenneth A. Brist Scholarship FundAshley Carole Burbee Memorial Scholarship FundChristine Butterfield Memorial Scholarship for Music FundPeter and Rosann Candela Fund for the Valparaiso High School Dollars for ScholarsAlbert Castronovo Scholarship FundChapter DQ of the P.E.O. Sisterhood FundJames W. Dold and Mary Gill Dold Memorial Endowment FundBryce Drew Scholarship FundEichorn Family Scholarship FundSandra Kay Flohr Memorial Scholarship Fund for Morgan Township High SchoolThe Future of Chesterton Foundation FundClyde and Geraldine Hardin Family Scholarship FundAlan and Diane Harre Scholarship Fund for Valparaiso UniversityW. A. Hibbets Scholarship FundMark Keller Memorial Scholarship FundKing Memorial Golf Scholarship FundEleanor R. Koenig Memorial Scholarship FundRobert L. Koenig Family Scholarship FundBurton and Maureen Langer Family FundAnne Lauterbach Memorial Scholarship FundWilbur Lippert Scholarship Fund for Kouts High SchoolJane Maxwell Scholarship FundPhillip Maxwell Memorial Scholarship Fund for Morgan Township High SchoolMorgan Township PTO Scholarship FundMorgan Township Scholarship FundShawn Moyer Memorial Scholarship FundNational Association of Purchasing Management--Northwest Indiana Scholarship Fund

New Hope Academic Scholarship FundAnn Nicholson Memorial Scholarship Fund for Morgan Township High SchoolKen Oglesby Memorial Scholarship FundKen Oglesby and Jeff Gebhardt Memorial Scholarship FundThomas J. and Evelyn Pappas Memorial Scholarship FundSurjit S. Patheja Scholarship FundPCCF Scholarship FundPortage High School Dollars for Scholars FundThe Good Samaritan Fund for Pines VillageHenry George Poncher Scholarship FundPorter County Medical Society Scholarship FundPorter Health Occupations Scholarship FundRailroad Township/San Pierre Alumni Scholarship FundJohn Remster, Jr. Memorial Scholarship Fund for Morgan Township High SchoolJohn Remster, Sr. Memorial Scholarship Fund for Morgan Township High SchoolBettimae Reshkin Memorial Scholarship FundMargaret M. Rivers Scholarship Fund - Pines Village Retirement CommunitiesThomas H. and Alice J. Roberts Scholarship FundChuck Robertson Memorial Scholarship Fund for Morgan Township High School

(continued)

Thanks to generous donors the Foundation is able to provide grants to strengthen and build better and stronger communities. A 2014 Community Fund grant provided the Kouts Police Department with six portable radios and lapel microphones to enhance safety for Kouts police officers as well as the entire south county community.

funds

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Elizabeth Roger Memorial Scholarship Fund for Morgan Township High SchoolRobert J. Rowe Memorial Scholarship FundAnn Fitzgerald Ruge Scholarship FundAndrew “Drew” Schenck Environmental Scholarship FundCharlotte R. Schmidlapp Scholarship FundJoseph Shambo, Jr. Memorial Scholarship Fund for Morgan Township High SchoolHarlan A. Siegesmund Liberty Township Alumni Scholarship FundAmanda Clair Smith Scholarship FundJohn L. Swarner, Jr. Memorial Scholarship FundValparaiso Rotary Club Scholarship FundValparaiso High School Class of 1956 Scholarship FundValparaiso High School Dollars for Scholars FundValparaiso University Scholarship Endowment Fund

Karen Wesson Memorial Scholarship Fund for Morgan Township High SchoolTimothy A. Wielgus Memorial Scholarship FundKeith Wiles Memorial Scholarship Fund

YOUTH FUNDSJim and Jane Bedell Fund for the Family & Youth Services BureauBryce E. Billings and Edna Ruth Billings Fund for the Boys & Girls Clubs of Porter CountyBoy Scouts of America, LaSalle Council #165 FundBoys & Girls Clubs of Porter County FundAshley Carole Burbee Memorial Scholarship FundReilly C. Bush Memorial Foundation FundPeter and Rosann Candela Fund for the Boys & Girls Clubs of Porter CountyPeter and Rosann Candela Fund for Hilltop Neighborhood HouseChallenger Learning Center of Northwest Indiana Fund for Portage Township SchoolsDiscoveries Unlimited FundElaine Espie Memorial Fund for YouthOrdell Gertsmeier Memorial Fund for the Boys & Girls Clubs of Porter CountyHilltop Neighborhood House FundHilltop Neighborhood House Scholarship FundHilltop Nexus Program FundKids Alive International FundStewart and Marjorie Knarr Fund for the Boys & Girls Clubs of Porter CountyRichard & Eleanor Koenig Family Fund for Hilltop Neighborhood HouseDebbie Lambert Scholarship Fund for Hilltop Neighborhood HouseEdward and Margaret Larson Fund for the Boys & Girls Clubs of Porter CountyDennis E. and Lillie J. Lauer Fund for Hilltop Neighborhood HouseVinod Nagubadi Memorial FundLeona Pappas Memorial Fund for the Boys & Girls Clubs of Porter CountyPorter County 4-H Council Rabbit FundRodenbarger Family Fund for the Boys & Girls Clubs of Porter CountySourlis-Sandala Family Endowment Fund for the Crisis Center, Inc., A Youth Service BureauValparaiso High School Student Activity FundRussell A. Willis Youth of the Year Fund

Porter County Community Foundation Staff (left to right)Bill Higbie, Vice President of Development; Carol Costakis, Community Resource Director; Barb Young, President; Brenda Sheetz, Vice President of Operations; Kim Kilander, Administrative Assistant

(continued)funds

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ASSETS Cash and cash equivalents $ 1,033,765 Investments 41,912,412 Pledges receivable 742,069 Prepaid expenses 12,394 Property and equipment, net 3,854 Note receivable 95,613 Investments held under charitable remainder trust 14,087 Beneficial interest in charitable remainder trusts 1,101,985

$ 44,916,179 LIABILITIES AND NET ASSETS

Liabilities Grants payable $ 77,854 Deferred Revenue 1,399,569Gift annuities payable 159,037 Liability under charitable remainder trusts 4,267 Custodial funds 10,599,574 Total liabilities 12,240,301

Net assets Unrestricted Operating 848,147 Board designated 1,313,717 Total unrestricted net assets 2,161,864 Temporarily restricted 30,514,014 Total net assets 32,675,878

$ 44,916,179

SUPPORT AND REVENUESContributions and grants $ 4,042,913Investment return, net 804,634 Fund administrative fees 358,538 Change in value of split interest agreements (23,188)Loss on disposal of property and equipment (1,495) Total support and revenues 5,181,402

EXPENSES Grants 1,656,450 Fund administrative fees 278,668 Salaries and wages 484,720 Payroll taxes and benefits 84,401 Insurance 5,137 Office supplies 37,669 Postage and shipping 11,376 Dues and subscriptions 3,954 Travel 11,481 Conferences 7,280 Professional Fees 183,037 Telephone 10,011 Depreciation 1,467 Technology 28,445 Occupancy 50,017 Marketing 65,645 Special events 81,015 Resource development 11,245 Miscellaneous 2,285 Total expenses 3,014,303

Change in net assets 2,167,099

Net assets, beginning of year 30,508,779

Net assets, end of year $ 32,675,878 Consultants: Investments: Mason Investment Advisory Services. Auditors: Blue & Co. Audited financial statements and Form 990 are available upon request.

STATEMENT OF FINANCIAL POSITION—12/31/14

STATEMENT OF ACTIVITIES—12/31/14

Today the Foundation holds nearly $45 million in assets disbursing close to $2 million in grants annually to benefit nonprofit organizations and scholarships for local students. Over 5,700 donors have joined together to contribute to more than 350 funds; helping to build a better and stronger community for all.

Growth of Asset and EndowmentsTotal Grants Awarded

FINANCIALS

Phone 219-465-0294 • Fax (219) 464-2733P.O. Box 302 • Valparaiso, IN 46384

info@portercountyfoundation.org • www.portercountyfoundation.org

Confirmed in compliance with National Standards for U.S. Community Foundations

event sponsors

Gold Sponsor

BMO Harris

NIPSCO

Silver Sponsor

Indiana Beverage

Mason Investment Advisory Services, Inc.

Porter Health Care System

Strack & Van Til/Town & Country

Weiss Entities

Bronze Sponsor

1st Source Bank

Hodges & Davis, P.C.

Hoeppner Wagner & Evans LLP

Horizon Bank

Mechanical Concepts Inc.

Methodist Hospitals

Peoples Bank

Precision Control Systems, Inc.

Scannell Wealth Management

St. Mary Medical Center

Teachers Credit Union

Thorgren Tool & Molding Co Inc.

Tudor Cleaning and Restoration

Mission We inspire giving and engage our community to improve lives in Porter County now and forever.

VisionWe envision Porter County as a community where everyone has the opportunity to achieve their full potential.

ValuesThe Porter County Community Foundation values:

• The spirit of kindness and generosity;

• Inclusiveness and unity for the advancement of Porter County; and

• Integrity and accountability in fundraising and grantmaking.