Brinton AwardedFirst Prize forCivic Engagement

The Community Foundationawarded Jacksonville attorney William D. Brinton the first Prize for Civic Engagement, which recognizes and encourages citizens in Northeast Florida who speak outcourageously for the common good on matters of civic importance.

The presentation, held September25 in the auditorium of theJacksonville Public Library, had special meaning for Brinton.His father served as the city’s

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A R E P O R T F O R D O N O R S , F R I E N D S A N D T H E N O R T H E A S T F L O R I DA C O M M U N I T Y

Foundation Grows LinksWith Professional AdvisorsBy Bob Roberts

As Jacksonville grows within and beyond the borders of Duval County, The Community Foundation is working to build new and lasting relationships with current and potential donors in all areas of the First Coast.

Professional financial advisors are important partnersfor the Foundation in this effort. They serve as a bridge –educating their clients about the benefits of philanthropicgiving, and introducing those clients to the philanthropicservices offered by the Foundation.

In 2007, two additional Professional Advisory Councilshave been formed to better serve the communities of Amelia Island and Fernandina Beach,Jacksonville Beach and Ponte Vedra Beach. In early 2008, a third new council will belaunched serving the St. Augustine area.

The Councils consist of professionals with expertise in tax law, estate planning, accounting,investment, financial planning, wealth management, insurance and family philanthropy.

The Foundation’s first Professional Advisory Council began in August 2001, with 13 localadvisors coming together for the first meeting. The group was chaired by local attorney andFoundation Trustee Jim Mosley. Its purpose was two-fold: first, to provide a forum for sharinginformation to members about the Foundation and philanthropic issues, and second, to allowthe Foundation to hear from advisors about their needs and needs of their peers and clients.

CommunityFoundation Awards$550,000 to LocalNonprofits

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2007 Year-End Giving Tips

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FoundationWelcomes NewAccounting Manager

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Deadlines for 2007 Gifts

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Foundation Chairman Hon. Harvey Schlesinger (left)presents the first Prize for Civic Engagement

to attorney Bill Brinton (Photo by Laird)

DONALD WRIGHTDowntown Council

continued on page 4

StimulatingPhilanthropy to

Build a BetterCommunity

continued on page 2

TIPS

Through the years, this information exchange has benefited the entire community. With the expansion of the councils, the group adopted a Statement of Purpose for all of

the regional councils, expanding the depth of their mutual work. Members will do more touse their expertise and talents to reach out to other advisors for the purpose of stimulating philanthropic discussions withtheir clients. And the Council members will work together toincrease the state of knowledge and practice among peers in the areas of wealth management and estate planning, includingphilanthropic intentions, that serve the needs of their clients.

Thirty-four advisors now make up the Councils and morethan 50 professional advisors are expected to be on board byspring 2008.

The councils will meet regularly in their respective communities,addressing the challenges and opportunities of providing financialand philanthropic advice to very different populations.

Sessions typically feature mini-seminars on tax, wealth andestate planning, with a generous

portion of strategic philanthropy. For example, the DowntownCouncil recently held a seminar on the latest procedural andregulatory issues with the IRS, conducted by local attorney,Harris Bonnette of Purcell, Flanagan & Hay. And the firstmeeting of the Beaches Council featured a similar discussionby Joseph Sharp, former IRS Territory Manager, Estate and Gift Tax.

More individuals are seeking and using professional financial advice, as the transfer of wealth from generation togeneration increases. Charitable donors and philanthropistswant their work and money to mean as much for the next generation, as meeting challenges of the present.

The professional advisors serving on the expanding Professional Advisory

Council of The Community Foundation want to do their part to help the

Foundation stimulate philanthropy to build a better community.

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CLAY TOUSEYBeaches Council

TIMOTHY FLANAGANAmelia Island Council

Foundation Connects With Professional Advisors continued from page 1

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Community Foundation Awards $550,000 to Local NonprofitsTrustees of The Community Foundation in Jacksonville awarded 14 grants totaling more than$550,000 to Jacksonville area organizations at their third quarter meeting. Grants awarded included:

» $87,065 to Communities In Schools, Inc., to design, implement and monitor anincentive program for students living in Jacksonville Housing Authority properties.The grant was made with support from the Quality Education for All Fund.

» $10,000 to Eugene Butler Middle School to implement a program to help incomingsixth-grade students adjust to middle school. The program is part of the Making the Moveinitiative. The grant was made with support from the Quality Education for All Fund.

» $15,000 to Metro Kids Konnection to support a school-readiness program for children ages 3-6 living in Cleveland Arms Apartments. The grant was made withsupport from the Jacksonville Children’s Endowment.

» $19,890 to Cypress Village Community Funds, to support the expansion of theCypress Village chorus, comprised of residents of Cypress Village, a senior residentialcommunity. The grant was made with support from the I.R. Bowen and Katherine H. Bowen Fund, and the Grace H. Osborn Endowment.

» $20,000 to Osher Lifelong Learning Institute at UNF, to expand the institute’s current educational programs for seniors to two satellite locations, serving those who are unable to or find it difficult to travel to the University Center to take courses.The grant was made with support from the Grace H. Osborn Endowment.

» $10,000 to Jacksonville Country Day School, to support the Jaxx Jazz CommunityYouth Ensemble for upper elementary and middle school students from throughoutJacksonville. The grant was made with support from the J. Shepard Jr. and Mary AnnBryan Arts Endowment, the Art Ventures Fund and the Harold K. Smith Charitable Fund.

» $8,000 to the Riverside Fine Arts Association to acquire specialized financial services hardware and software to facilitate ticket and merchandise purchases onlineand at association events for current and future clients. The grant was made with support from the Art Ventures Fund.

» $10,000 to Jacksonville Community Council, Inc., to support development of theQuality of Life report. The grant was made with support from the Harold K. SmithCharitable Fund.

» $40,000 to City Kids Art Factory, Inc. to support reflective practice. The organizationwill examine its mission, objectives, clientele and long-term sustainability. The grantwas made with support from the Reflective Practice Fund.

» $38,500 to Communities in Schools, Inc., to support reflective practice. CIS willexamine its current programs against best practices in the field. The grant was madewith support from the Reflective Practice Fund.

» $40,000 to The First Tee of Jacksonville, Inc. to support reflective practice. First Tee will examine its performance during its first five years and its stakeholderperspectives to develop a strategy for its next phase. The grant was made with support from the Reflective Practice Fund.

» $40,000 to Girls on the Run of Northeast Florida to support reflective practice.Girls on the Run will examine their governance structure, growth experience and programs to develop a strategic plan for the future. The grant was made with supportfrom the Reflective Practice Fund.

» $40,000 to OneJax, Inc. to support reflective practice. OneJax will examine theeffectiveness of its programs and strategies. The grant was made with support fromthe Reflective Practice Fund.

» $23,500 to BASCA to support reflective practice. BASCA, based in Clay County,will examine its programs and governance structure to determine future directions.The grant was made with support from the Reflective Practice Fund.

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library director for years, and it was through the library and its board that the young Brinton first was exposed to community leaders and discussions of civic issues.

“It is very special that this is happening in thisplace,” said Brinton, in accepting the award.

The award, which carries a $10,000 cash prize,was presented during the Foundation’s annual meeting.

“We are honored to present this award toBill Brinton and deeply grateful for his leadershipin our community through the years,” said Hon.Harvey Schlesinger, chairman of the Foundation’strustees. “Jacksonville is a better place because of his fine efforts.”

Brinton was awarded the prize for his work on a series of voter initiatives.

In 1987, he spearheaded a petition drive to put a strong billboard ban on the ballot for voteby the citizens; it passed by a landslide. In 1990, he organized an initiative that successfullyplaced a two-term limit on Jacksonville City Council members. And in 2000, he launched yetanother petition drive calling for developers to plant, or pay to plant, a tree for every one of acertain size they cut down. It, too, won by a landslide.

The Prize for Civic Engagement was created by a donor to The Community Foundationwhose central notion was “to recognize local persons who stood for civic virtue against publicindifference or the winds of uninformed public opinion or private interest.”

Prize Awarded at Foundation Annual Meetingcontinued from page 1

Foundation President Nina Waters (left) with Hon. Harvey Schlesinger, chairman.

State Rep. Audrey Gibson (D-Duval County) with Cleve Warren,representing the Eartha M.M. WhiteLegacy Fund, andRena Coughlin, president and CEO of the Nonprofit Center of NortheastFlorida.

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The Prize for Civic Engagement recognizes qualities that are not often publicly acclaimed, including:

» Thoughtful candor, especially concerning civic matters in which there is little or no public discussion;

» Attention to longer-term consequences of situations where the focus is principally on short-term considerations;

» Balanced perspective on matters in which the prevailing views are heavily one-sided;

» Persistence in communicating facts about a situation where the public discussion is heavily subjective or emotional;

» Courage in advancing actions that enhance the public good, especially when those actions are unpopular.

Brinton has served as president of both LeadershipJacksonville, Inc. and Jacksonville Community Council,Inc. He serves on the board of directors of Scenic America,Inc., based in Washington, D.C., and is the present and pastchair of Scenic America’s Billboard Control Committee. He is the co-founder of Citizens for a Scenic Florida, Inc.and Scenic Jacksonville, Inc. He served as chairman of theJacksonville Landscape Commission. In 2005, Brintonreceived Jacksonville Community Council, Inc.’s firstMilestone Award for Citizen Advocacy in recognition of his efforts over the past three decades.

The Prize for Civic Engagement is awarded solely at the discretion of the selection committee, which isanonymous. The donor who created the prize also hasrequested anonymity.

Keynote Speaker Sherry Magill, president of theJessie Ball duPont Fund (right) with ClaudetteWilliams, president of Edward Waters College.

Bill Brinton, recipient of thePrize for Civic Engagement,with former trustees Ann Baker(far left) and Helen Lane (farright) and donor Muffet Corse.

(Photos by Laird)

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2007 Year-End Giving Tips

December 31 is fast approaching and the pace of charitable giving is on the increase.

Here are some tips for improving your year-end decision-making.

» Calculate your income and your tax liability for the year. Based on your calculations,you may find that you need to adjust your charitable giving to minimize your tax burden. Making these calculations now can alleviate last minute stress and anxiety and potentially save you money.

» Make your gifts early. This is especially true if you want to make a gift of non-cashassets (stocks, mutual fund shares, real estate, etc.). The more complex the gift, themore time it takes to arrange it, so be sure to take action now to assure that transactionsare completed in this calendar year.

» Research charities by using www.guidestar.org or your Better Business Bureau.

» Ask your attorney, CPA or financial advisor to help you determine the most “taxwise”asset to give and the best giving technique given your personal situation.

» Consider a gift of appreciated stock or mutual fund shares. By contributing stock youhave held for more than a year, you can avoid the capital gains tax and in most cases,receive a deduction for the full fair market value on the date of the gift. Allow extratime for gifts of mutual fund shares.

» If you are not sure which charities to support, consider a Donor Advised Fund at The Community Foundation. A gift to a Donor Advised Fund generates immediate taxbenefits to the extent allowed by law, while giving you time to consider thoughtfullyyour charitable giving options.

» A charitable remainder trust or charitable gift annuity provides a partial tax deductionand provides income to you for life or a term of years.

IMPORTANT REMINDER

T H I S M A Y B E T H E L A S T Y E A R F O R T H E I R A R O L L O V E R O P P O R T U N I T Y.

If you are age 70 1/2 or older and you have a traditional Individual Retirement Account(IRA), the Pension Protection Act of 2006 allows you to transfer up to $100,000 directly from your IRA to make a gift or establish a fund at The Community Foundation.

There are several gift options. You may:

• Establish a designated endowment for a selected nonprofit organization

• Establish a field of interest endowment to support organizations working in a particular area, such as education, or the arts or services to seniors.

• Establish a community endowment fund to support a broad array of community needs.

• You may not, however, use the rollover to establish a Donor Advised Fund or contribute to a private foundation.

• IRA rollovers must be completed by December 31, 2007.

For more information, contact John Zell,

David Pierson or Bob Roberts at 904-356-4483.

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Foundation Welcomes New Accounting Manager

The Community Foundation has expanded itsFinance Department and hired Yan Cumper, CPA, as Accounting Manager.

Cumper is an experienced CPA with internationalcredentials, including a degree in Accounting andFinance from the London School of Economics andPolitical Science.

After working with a local CPA firm inPhiladelphia, Cumper moved to Jacksonville in 2003 as a senior accountant for Hunter and Associates, P.A.In 2005, she joined the General AccountingDepartment at CSX.

“My professional experience in both the corporateand small business spheres gives me the real-worldinsight into the full spectrum of client issues and challenges,” she said. “I’m very excited to bepart of The Community Foundation and to work with a group of such excellent professionals.”

The Foundation’s growth in recent years – in total assets, individual donors and number offunds – has increased demands on the Foundation’s Finance Department.

“Yan is an excellent addition to the Finance staff and we are grateful to have her expertise,”said Grace M. Sacerdote, Vice President of Finance and Administration.

Cumper is married and has a three-year-old daughter who loves singing, dancing and reading aloud.

Deadlines for 2007 Gifts

In order for your gift to The Community Foundationto qualify as a deduction for the 2007 tax year, it must be postmarked by December 31, 2007.

Gifts that are hand-delivered to The Community Foundation must be received in the Foundation’s offices by 4 p.m. December 31, 2007.

Transfers of stock or other assets must be executed by 4 p.m. December 31, 2007.

Yan Cumper

The Community FoundationInvestment Pool» As of Sept. 30, 2007

» Market Value $109,963,938

Return on Investments(Net of Fees)

YTD 10.6%

1 Year 18.7%

3 Year 13.8%

5 Year 14.0%

Since 5/95 10.2%

Returns are annualized if greater than one year

If you have any questions,

please contact

Grace Sacerdote

or Jackie Werner at

904-356-4483.

121 West Forsyth StreetSuite 900Jacksonville, FL 32202T 904.356.4483F 904.356.7910www.jaxcf.org

Non-Profit Org.U.S. Postage PaidPermit No. 1678Jacksonville, FL

Year-End Beginnings

We generally think of the end of the year as a hectic time, filled with the bustle of the holidays and the inevitable last-minute financial transactions necessarybefore the tax year closes.

But the end of the year often is a time ofnew beginnings. Thanks to our community’smany wise financial advisors, donors oftenmake their first contact with The CommunityFoundation at the end of the year, beginning a new relationship with us as we help themmanage their financial and philanthropic goals.

We welcome these new relationships and find in each one a fascinating story of personal largesse and commitment to community.The fact is, individuals only come to The Community Foundation if they already have made the decision to share their good fortune. Our task is to help each one find the most effective way to share. Their generosity already has been decided.

Sometimes these new relationships take us to new places, introducingthe Foundation to new ventures, new locales or new organizations with which to partner. Other times, we are challenged to develop newstrategies in order to help the donor achieve his or her goals.

It is these new beginnings and new opportunities that add thesparkle to the end of the year, that make the chaos and commotion not only exciting, but worthwhile. We are thankful for each new friend we have made this year, and look forward to making manymore in the days ahead.

Nina WatersPresident

Nina Waters

BOARD OF TRUSTEESThe Honorable Harvey E. Schlesinger

ChairmanC. Daniel Rice

Vice ChairmanBishop Frank S. CervenyCynthia EdelmanEleanor GayCharles D. HymanWilford C. Lyon, Jr.C.B. McIntosh, M.D.Joan W. NewtonSusan Remmer RyzewicWilliam E. ScheuRichard G. Skinner, Jr., M.D.James Van VleckTracey Westbrook

STAFFNina Waters

PresidentDavid Pierson

Vice President/DevelopmentCheryl Riddick

Vice President/GrantmakingGrace Sacerdote

Vice President/Finance & AdministrationJohn Zell

Vice President/Donor ServicesYan CumperAccounting Manager

Pam Paul DopfProgram Director

Saunie McLaughlinExecutive Assistant

Carol NievesDonor Services Associate

Bob RobertsPlanned Giving Officer

Jeneen SandersDevelopment Associate

Kathleen ShawProgram Director

Jackie WernerController

Katrice WilliamsProgram Associate