An update from the Community Foundation of the Mahoning Valley | Winter 2016
How to Reach Us

In Youngstown: 
201 E. Commerce St.
Suite 150
Youngstown, OH 44503
Phone: 330.743.5555
Fax: 330.743.1802

In Warren: 
147 W. Market St.
Warren, OH 44481
Phone: 330.469.6832
Fax: 330.394.5601

Email: info@cfmv.org
www.cfmv.org


 Like us!



About the Community Foundation

The Community Foundation of the Mahoning Valley enhances the quality of life for residents and future generations of the Mahoning Valley by managing donor assets, distributing grants and advancing philanthropy and good works.

The foundation and its affiliates hold more than $56 million in assets and distributed more than $2 million in grants in the fiscal year ended December 31, 2015.

The CFMV is the only local foundation with accreditation from the Community Foundation National Standards Board. More information is available at the foundation's website, www.cfmv.org.



About the William Swanston Charitable Fund

Established in 1919, the Swanston Fund seeks to help improve the lives of children in Mahoning and Trumbull counties. It provides grants each year that support early childhood education, anti-obesity measures, after-school programs, parent-involvement seminars, anti-bullying initiatives and many other efforts in support of local children. The Swanston Fund is an affiliate of the Community Foundation.



About the Trumbull Memorial Health Foundation

The TMHF provides grants each year to initiatives that advance the health of Trumbull County residents. With assets of more than $13 million, it is the successor to the Trumbull Memorial Hospital Foundation, which was created by the hospital in 1976. Since 2012, the foundation has operated separately from the hospital as an affiliate of the Community Foundation.



About the Western Reserve Health Foundation

The WRHF receives donations and awards grants that promote health-related needs in Mahoning County. As of December 31, 2015,  the foundation had nearly $14 million in assets. The foundation was established in the 1980s as the fundraising arm of the Western Reserve Care System. In 2012, the foundation expanded its mission to support healthcare needs countywide and became an affiliate of the Community Foundation.
 

You Can Give More for Less

IRAs can now qualify for tax-free charitable distributions
 
For years, estate planners have recommended that retirement accounts may be the most tax-effective asset in larger estates to distribute to charity. These assets may not only be vulnerable to heavy taxation as part of an estate but can also be taxed again as income on the tax return of the heirs. Read more

Local Health Foundations
Launch Issue-Specific Grant Programs

The Western Reserve Health Foundation and the Trumbull Memorial Health Foundation are welcoming proposals their newly launched Issue Specific grant programs. The foundations, affiliates of the Community Foundation of the Mahoning Valley, support innovative projects that serve the health needs of Mahoning and Trumbull Counties. Read more.



CFMV and YBI Kick Off Partnership
  
On January 21, 2016, the Community Foundation and the Youngstown Business Incubator (YBI) officially kicked off the partnership between the Foundation's Fund for Women and Girls and the YBI's Women in Entrepreneurship (WE)  program. The event, Powered by SHE, attracted over 125 people to the SOAP Gallery in downtown Youngstown to raise funds and awareness. Participants learned how they can improve the lives of women and girls in our community by supporting both organizations while they networked and enjoyed food, drink and music. Did we mention that the event had a super (s)hero theme?
 
CFMV and YBI have committed to raising $50,000 for the Fund for Women and Girls. The first grant from the Fund, $25,000, will be distributed to the WE program. The remaining $25,000 will become part of the Fund's endowment to help build it to a point where the Community Foundation will be able to make grants to organizations, projects and programs that educate, empower and assist women & girls in the Valley. So far, over half of the goal has been raised, and we are still seeking leadership, as well as other gifts dedicated to this effort.
 
More information about the Fund for Women and Girls, as well as how you can become a shareholder and make a difference, can be found on the CFMV website under Funds / Fund for Women and Girls.

 

  


 
Celebrate Women's History Month
with the Fund for Women & Girls

When:  Thursday, March 24
Time  :  5pm - 7pm
Where:  Canfield Library
 
Light snacks, desserts and refreshments will be served.
No cost to attend, but donations to the Fund for Women & Girls are appreciated!
 
We will be recognizing the League of Women Voters for the contributions the group has made to the community over the years.
 
The National Women's History Month theme for 2016 honors women who have shaped America's history and its future through their public
service and leadership.   
 
There will also be a special performance featuring a portrayal of Harriet Taylor Upton, American political activist and author. Upton was born in Ravenna, Ohio in 1853, but moved to Warren in 1861 and attended school there. She is best remembered as a leading Ohio state and national figure in the struggle for women's right to vote. She was also the first woman to become a vice chairman of the Republican National Committee.
 
To RSVP, contact Linda Kostka at Lkostka@cfmv.org

Welcome to Our New Funds!
 
The Community Foundation of the Mahoning Valley would like to thank the following individuals and organizations that chose to establish their funds with us in 2015. Their philanthropy will make an impact on our Valley for many years to come.
 
  • Charles and Priscilla Latham Scholarship Fund
  • Mary B. Smith Fund - Altrusa International of Youngstown
  • Christine Blair & Elliot P. Legow Fund
  • BBB Center for Ethics & Integrity Scholarship Fund
  • Cardinal Mooney Class of '65 Memorial Scholarship Fund
  • Diane & Kurt Sauer Endowment
  • Legal Creative Endowment
  • United Way of Trumbull County

  

CFMV Grants & Distributions

The Community Foundation distributed $2,165,835 to non-profit organizations in 2015. A complete list can be found in the Grants section of the CFMV website.

25 Under 35 Awards Dinner Held at Stambaugh Auditorium


The annual 25 Under 35 Awards dinner was held on Thursday, February 11, honoring the best and brightest young professionals in our community. Congratulations to all of the honorees, and especially the three MVPs that were named that evening. The accomplishments of Monica Craven (Habitat for Humanity Mahoning Valley), Mollie Hartup (YSU) and Dr. Rebeca Curnalia (YSU) serve as an example not only to the young professionals in Mahoning & Trumbull counties, but to all of us.
 
The proceeds from the 25 Under 35 Awards benefit the Young Philanthropist Fund, a component fund of the Community Foundation of the Mahoning Valley. Over the years, the Fund has grown from $10,000 to nearly $100,000 through donations from the event itself and private gifts. Grants from the fund are determined by the Mahoning Valley Young Professionals GIVES Committee, and have benefitted 10 non-profit organizations in our Valley.
COMMUNITY MATTERS  is p ublished by the Community Foundation of the Mahoning Valley.

To share with a friend, click the  Forward email link below.