YSCF_AR2020_E

FINANCIALS Grant highlights 1 . THE BIG MAP OUT (PART 2) .. . . . . $1 , 451 2 . CONSTRUCT ION, TRANSFORMAT IONS , AND SYMMETRY . . . . . . . . . . . . . . . . . . . . . . . . . . . $1 , 400 3 . ENRICHING ONL INE LEARNING.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3 , 140 4 . THE BIG MAP-OUT! .. . . . . . . . . . . . . . . . . . . . . $4 , 079 5 . THE PHYS ICS OF RACING.. . . . . . . . . . $3 , 450 NOTE : a $2,000 grant for the annual McKinney Middle School 8th Grade Class Trip was refunded due to cancellation of the trip. COVID-19 RELIEF COVID-19 Community Support Fund The creation of the COVID-19 Community Support Fund, Business Relief Fund, Food Relief Fund and YSCU Lines of Credit and Emergency Loans/Grants Programs for Individuals, Nonprofits, and Small Businesses, were designed to support our community as financial and others pressing challenges arose related to COVID-19. Yellow Springs Food insecurity Fund Grant funds support activities in our community that supply food to those in need, organizations who support food relief, and to individuals for their emergency food relief. COVID-19 fund highlights NO. OF TOTAL DONATIONS COLLECTED 1 . COMMUNI TY . . . . . . . . . 353 . . . . . . . . . . . . . . . $71 , 907 2 . FOOD. . . . . . . . . . . . . . . . . . . . . 300 . . . . . . . . . . . . . . . $59 , 288 3 . BUS INESS .. . . . . . . . . . . . . 172 . . . . . . . . . . . . . . . $45 , 712 TOTAL (as of 2/21/2021) . . . 825 .. . . . . . . . . . . . . $176 , 908 1 . COMMUNICAT ION & PUBL IC SERVICE ANNOUNCEMENTS . . . . . . . . . . . . . . . . . . . . . . . $11 , 505 2 . FOOD INSECURI TY . . . . . . . . . . . . . . . . . . . . . . . $40 , 332 3 . ESST IAL WORKER/ MASK MAKERS SUPPORT .. . . . . . . . . . . $12 , 698 4 . RENT REL I EF (businesses and individuals) . . . . . . . . . . . $30 , 285 TOTAL DISTRIBUTED (as of 2/21/2021) .. . . . . . . . . . . . . . . . . . . . . . . . $112,122 1 2 3 4 Distribution of Funds Assets summary • 17% growth in total assets; an increase of $2,875,000 • 12% growth in income from investments ($2,000,000) • 10% of funds are managed Agency Funds • 89% of donations were online • 1,483 donors up from 503 donors in 2019 • Love of Community Fund gifts up 9% ($60,000) • $1,870,000 in overall gifts, up from $376,000 in 2019 Grants summary • $821,250; 20% increase in grant funding • $33,730 provided in scholarships to 26 students • $15,519 Grants from YSEE • $96,071 Grants from General Grants • 42 Miller Fellow Ambassadors with over $70,000 awarded to host organizations YELLOW SPRINGS EDUCATION ENDOWMENT (YSEE) UPLIFT YELLOW SPRINGS FINANCIAL SUMMARY Grant highlights • $36,800 was received through 488 donations. Donations ranged from $5–$5000. • 140 Donors participated with 84% from 45387, 23 zip codes covering 7 states and the District of Columbia. • All donations distribution: 80% give for today’s needs, 20% will be endowed planning for tomorrow GIVING TUESDAY & GIVING TUESDAY NOW Giving Tuesday 488 Donations , $36,800 total, to 34 nonprofits Giving Tuesday Now 272 Donations , $23,517 total, to 32 nonprofits 6 grants , $15,519 total 279 gifts , $27,025 total Total Assets $19,780,000 20% increase in grants, $821,250 total General grant highlights • $5,500 YSKP, Traveling Tabletop Theater • $6,000 Village Impact Project, Insurance Liability • $2,470 Home, Inc. COVID-19 Emergency Response • $4,277 Yellow Springs Senior Center, Local Fare • $14,314 Yellow Springs Community Children’s Center, HVAC & Air Purifier Installation GENERAL GRANTS 19 grants , $96,071 total From funds raised: • 80% goes to the business, • 10% goes to COVID-19 YSDC Business Emergency Relief Fund • 10% to the newly created Business Rainy Day Endowment Fund, both held by the YSCF NOTE : 80% of gifts to for-profits is not tax deductible; 20% to endowments is tax deductible Yellow Springs Federal Credit Union Funds • Line of Credit Loans for Nonprofits: $9,000 loaned • Line of Credit Loans for Small Business: $38,100 loaned • Emergency Loans for Individuals $30,550 loaned