June, 2013

Sharon Stredde, President & CEO

As any President or CEO can attest, working long hours is just another perk of the job!  During the winter months, I usually find myself pulling into the parking lot with my car's headlights on as even the sun has yet to awaken.  And at the end of the day, those same headlights guide me home. 


However, as the days get longer and my commute no longer requires headlights, I try to carve out some time for one of my favorite summertime activities - getting lost in a good book while sitting on my porch. 


This year I will be able to experience another summertime activitie on a regular basis - outdoor concerts at the new RiverEdge Park!


RiverEdge Park has been welcomed by this community with open arms.  Along with the Paramount Theater, SciTech Museum, Two Brother's Roundhouse, and soon the new Aurora Library (amongst others), RiverEdge Park is a wonderful attraction for residents near and far.  The Community Foundation is proud to be a part of bringing the RiverEdge Park to life!


This month, the Community Foundation approved a grant of nearly $23,000 to the Paramount Theatre.  This grant will fund indoor/outdoor theatre lights that will be used at both the Paramount Theatre and RiverEdge Park.  So this summer, while you are enjoying one of the many wonderful evening concerts at RiverEdge Park, enjoy the view!  The Community Foundation is proud to be able to light up the night at Aurora's newest summertime attraction! 





Sharon Stredde

President & CEO 


Spring is a busy time at the Community Foundation!


In our May e-MEMORANDUM, we mentioned that our scholarship and discretionary grantmaking programs were underway and we would be announcing the recipients

in our June e-MEMORANDUM!  


We are proud to announce that 261 students from local High Schools and Colleges received scholarships totaling more than $484,250!  The Community Foundation has made a commitment to these students totaling $892,000 over the next four years.  Congratulations and we wish you the very best in your studies! 


Furthermore, nine local not-for-profit organizations received grants totaling $153,970.  It is our pleasure to be able to support the work they do to better this community. 


This increased support for local students and organizations

would not be possible without your generosity. 


Thank you for your support!



Agency Endowment Spotlight 



The Community Foundation is proud to announce the establishment of its newest agency endowment fund, the Equine Dreams Endowment Fund.  Over the years, Equine Dreams has received four grants from the Community Foundation totaling nearly $50,000.  We are thrilled to be able to expand our partnership with this dynamic organization through the creation of an agency endowment fund.

Jeff Hartman (second from left) accepts a check from donors Marilyn and John Tebrugge (right).  Also pictured is attorney Rick Law (far left).


Equine Dreams is a not-for-profit therapeutic horseback riding program dedicated to

providing free sessions to children and adults with physical, cognitive, and social disabilities.  Established in 1996, Equine Dreams has proven to be a sustainable grass roots organization.  Its goal is to improve the quality of life for children and adults with special needs.    


Equine Dreams is staffed by a large group of volunteers that includes five PATH, Intl. Registered and one PATH, Intl. Advanced Therapeutic Riding Instructors. 


The organization is 100% volunteer run and 100% donation driven.

Equine Dreams Mission Statement 

"Our Faith enables us to nurture abilities in individuals with special needs."



Contact the Community Foundation today

to discuss creating an endowment fund for your non-profit organization!



Click Here For More Information on Equine Dreams, Inc.


"How to Turn Your Generosity Into Philanthropy"


By Melissa Korn  -  June 6, 2013


Looking for a fun read this summer that will get you excited about philanthropy?  Check out "Giving 2.0" by Laura Arrillaga-Andreessen. 




Get it on Amazon by clicking here

Before business school students set out to master capitalism, Stanford University lecturer Laura Arrillaga-Andreessen teaches them  how to master philanthropy.


Ms. Arrillaga-Andreessen, the wife of tech entrepreneur and investor Marc Andreessen and daughter of Silicon Valley property developer John Arrillaga, teaches four philanthropy courses at Stanford, including one at its business school. She also leads the recently founded Marc and Laura Andreessen Foundation and serves as a director of the Arrillaga Foundation, which focuses on Silicon Valley community projects.


To spread her message beyond Palo Alto, Calif., on Thursday Ms. Arrillaga-Andreessen will release online all of her teaching notes and syllabi, along with a library of 26 case studies on philanthropy-a move that she hopes will enable more schools to bring philanthropy education into their course catalogs.


Ms. Arrillaga-Andreessen, 42 years old, spoke with The Wall Street Journal about what makes a philanthropist-and what most donors get wrong.



Click Here to Read the Entire Interview



2012 Annual Reports Now Available!


By now you should have received your 2012 Annual Report.  We have received great feedback from our constituents and we hope that you find the report to be a detailed summary of the Community Foundation's success in 2012.


These successes would not be possible without your support.  We are grateful for your dedication to the community and have showcased your support throughout the Annual Report.   


If you would like an additional copy of the 2012 Annual Report, please contact the Community Foundation.  We would be happy to send you another copy! 

Click Here to View the Community Foundation's 2012 Annual Report



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Aurora, IL 60506