2023 CFAAC Annual Report - Report - Page 8
2023 Year in review
Celebrating 25 Years of Inspiring Philanthropy in Anne Arundel County
Grew to $30.8 Million in Total Assets
under management intended for
grantmaking
Hosted the 23rd Annual Celebration
of Philanthropy Awards Luncheon at
LIVE! Casino Hotel Maryland
Maintained Accreditation through The
National Standards for U.S. Community
Foundations, ensuring accountability,
compliance, and excellence.
Managed 14 Anne Arundel Estate
Planning Council Events
657 Grants Awarded in 2023
FUNDS & SCHOLARSHIPS
470 Donor & Corporate Advised Fund Grants - $4,408,747
35 Designated Fund Grants - $397,354
10 Scholarships - $52,620
20 Nonprofit Agency Endowment Fund Grants - $167,580
OTHER GRANTS
9 Giving Circle Grants - $164,305
9 Anne Arundel County Fund Grants - $16,937
19 Field of Interest Fund Grants - $86,535
DISCRETIONARY GRANTS
42 Community Crisis Response Fund Grants - $1,000,120
23 Grants 4 Teachers Grants - $10,214
9 Fund for Anne Arundel Grants - $233,556
11 Help Our Neighbors Fund Grants - $19,500
2.5%
20.7%
Hosted 27 Community Impact Speaker
Series events
36.4%
$6,557,468
in grants
distributed to
nonprofits
Granted 10 Scholarships to Anne
Arundel County High School Students
Opened 40 New Donor Advised,
Corporate Advised, Designated, and
Nonprofit Agency Funds
Leveraged $41,404 Endow Maryland
Tax Credits securing $165,616 in new
endowed assets through the program
100% Board of Trustee Giving
13.3%
4.1%
3.3%
Grants by Interest Type
36.4%
2.5%
20.7%
Human Services
$ 2,387,287
Arts & Culture
$
Capacity Building
$ 1,356,145
$
161,362
31,704
Education
$ 1,180,961
3.3%
Environment
$
219,405
4.1%
Faith-Based
$
266,750
Health & Wellness
$
874,734
Scholarship
$
79,120
18.0%
13.3%
1.2%
8 | 2023 Annual Report
18.0%
1.2%
0.5% Other
$9,179,479 in Endowed Assets under
management
0.5%
