Message from CFAAC Leadership - 2022 CFAAC Annual Report - Other - Page 4
Message from CFAAC Leadership
MESSAGE FROM CFAAC LEADERSHIP
When we work together, we are able to make a tremendous impact in our community. The
part the Community Foundation plays in helping to build better futures for our community
members and our dedicated nonprofits is a source of pride and purpose for all of us.
However, we could not do it without you. Thanks to you, in 2022, CFAAC ended the year
with more than $26 million in assets intended for grantmaking. We distributed 487 grants,
including 10 scholarships, to more than 260 different organizations, totaling nearly $4 million
in funding. In addition, we established 12 new funds and 7 Legacy Fund commitments.
Jim Humphrey
CFAAC Board Chair
Throughout the year, donors continued to turn to the Community Foundation when
incorporating their philanthropic goals into their estate plans. We now have confirmed more
than $75 million in assets that will come through future CFAAC Legacy Funds to support the
important work of nonprofits.
This past year, CFAAC saw new milestones and changes, too. We reinforced our staff by adding
a new Director of Development, Damika Baker-Wilson, in February 2022. And this year, we
welcomed our new Director of Planned Giving, John Rodenhausen, a seasoned professional
who is joining our team after 25 years at the Chesapeake Bay Foundation. We also welcomed
back Kristen Krall, our former Grants and Scholarships Manager, who rejoined us on a
part-time basis as our new Community Education Coordinator.
Mary Spencer
CFAAC President & CEO
The Community Foundation welcomed four new Board of Trustee members—Daniel “Dan”
Mathias, P.E.; Edward “Ed” Evans; Kate Belden Schoff; and Naeemah Staggs—we are excited
and know that they bring with them enthusiasm and a diverse breadth of expertise. Saying
goodbye to five dedicated retiring board members—Mary Grace Folwell, Carl Gutschick, John
Magnolia, David Mitchell, and Paul Serini—is never easy. They remain an importance part
of CFAAC’s story and we are so grateful for their generous support, knowledge, and all that
they’ve done for CFAAC.
CFAAC published the 2022 Community Needs Assessment Report: Poverty Amidst Plenty VII: Moving Forward Together, working
with Dr. Pamela Brown, Executive Director of Anne Arundel County Partnership for Children, Youth, and Families. This
report is paramount to understanding the issues and needs in the county that impact our economy and quality of life.
To underline its importance and generate awareness, we invited the public to attend three needs assessment report
presentations given by Dr. Brown, held at venues across the county. This year, Dr. Brown continues to hold talks online
and county-wide. You can access the report on CFAAC’s website.
Throughout the year, we offered the community a wide range of webinars and in-person programs—19 in all! This
included our annual Celebration of Philanthropy where we not only honored eight deserving community leaders,
but also introduced our Professional Advisor Recognition Society, naming six inductees to its inaugural class. All the
honorees represent our community on many levels—they are the people who drive transformational change in our
county, serve as generous contributors who often work behind the scenes, and look beyond themselves to help make
Anne Arundel County better for all.
This year, 2023, marks our 25th anniversary. To commemorate this anniversary, in 2022, we developed an ambitious,
board-directed goal of achieving $35 million in assets by 2025 that is aligned with our Strategic Plan. To achieve this goal,
the CFAAC staff and board created a four-year, fundraising action plan, Always Anne Arundel: Road Map to $35 Million
in Assets by 2025. We continue to work toward these actionable goals in 2023. By leveraging our strengths—a dedicated
board and staff, expert knowledge of our nonprofit and community needs, and generous donors—we are positioning
ourselves to achieve great things and to navigate whatever the future brings.
As CFAAC celebrates throughout this 25th year, we are excited for the promising future that we all share, building upon
CFAAC’s strong foundation to expand our impact, increase our reach, and make Anne Arundel County a great place to
live, work, and play for all. Thank you for taking this journey with us.
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Mary Spencer
Jim Humphrey
CFAAC President & CEO
2022-2023 CFAAC Board Chair