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GenerosityNever Loses

Value

Community Foundation of Gaston County, Inc.

Annual Report1220

Contents

GenerosityNever Loses

Value

1 Letter from President & Executive Director

2 Donor Spotlight: Brenda Craig

4 Funds

7 Legacy Society

8 Run for the Money 10

10 Sims Dinner

12 Unrestricted Giving

13 Book of Memory

14 Next Generation

15 Unrestrcited Grant Cycle

18 Special Tribute to Becky Carter

19 Board of Directors

20 Financial Information

Th e Community Foundation of Gaston County, Inc. is one of several hundred community foundations confi rmed in compliance with the National Standards for the U.S. Community Foundations. Th e Standards are designated to do the following:

Demonstrate our fi nancial responsibility, guide us in sound policies and accountability, distinguish community foundations from other philanthropic vehicles, build our capacity to carry out our mission, and assist us with self-regulation in a manner viewed positively by the

International Revenue Service, which has increased its examination of charities off ering donor advised funds.We are proud to display this offi cial National Standards Seal, which denotes our achievement in establishing legal, ethical, and eff ective

operating practices that who our transparency and fi nancial responsibility under increased public scrutiny of foundation practices.

Our mission is to be the leader of philanthropic giving by connecting donors with community needs to enhance the lives of present and future generations.

2012 Annual Report 1

A Message to our Donors, Partners and Friends

Th e year 2012 was very active within your Foundation with a number of Community events as well as time spent on how to better serve our community.

Run for the Money fi rst took to the streets in 2003 as a celebration of the Community Foundation’s 25th Anniversary. Th e Purpose was to unite donors, non-profi ts and businesses in fun camaraderie to celebrate the role of philanthropy in our community. Th e 10th anniversary of the Run was marked in 2012 and once again celebrated a tremendously successful event rais-ing $1,284,924. Since inception of the Run and in-cluding the matching Community Foundation grants, $11,682,937 has been contributed to worthy Gaston County non-profi ts!

During the spring and summer, the Foundation of-fered two continuing education courses to area ac-countants, attorneys, and fi nancial planners to assist in educational requirements of these professionals. Th ese professionals continue to be our most valued resource in reaching out to potential donors. We appreciate professional referrals and wish to thank all participat-ing professional advisors.

Our annual competitive grant making cycle of unre-stricted funds totaled $497,000 to 25 non-profi t Gaston County agencies throughout Gaston County. In addi-tion to Gastonia based non-profi ts, grants were made in Belmont, Stanley and Cherryville to a wide array of agencies serving youth, civic, health, arts, the homeless and many human service organizations. Of particular note is a grant to Habitat for Humanity to fund their 100th house.

In September, we held the annual Sims Award Dinner and recognized Mr. John Kelly Long as the 2012 recipi-ent. His involvement with the Community Foundation spans a total of 12 years of Board service including guidance as President in 1999. “Johnny” exemplifi es Sims Award by his extensive work in our community and by following the Allen Sims description of life’s work as “a selfl ess act of seeing a need and fi nding a solution, of caring for a community and making a dif-ference.”

Th e year 2012 has been a year of both assessment and planning. Your Foundation was audited and certifi ed during 2012 by the Community Foundations National Standards Board. Th is is a national organization which certifi es compliance with US Community Founda-tion standards (approximately 60% of US Community Foundations are awarded this compliance certifi ca-tion). In addition to over-sight by your Board of Directors and independent auditors, this certifi cation demonstrates a commitment to operational quality, integrity and accountability to our donors.

During the later part of this year, your Board and staff worked to assimilate data from an extensive operation-al assessment performed in 2011 by Ekstrom and As-sociates. Th is data along with input from current and past Board members was used to fi nalize our Strategic Plan. Th is plan will serve as a guide for the establish-ment of goals, strategies and growth of the Foundation during the next three years.

We want to thank you, our Donors and supporters, for your continued philanthropy in our community. We look forward to working with you in the coming year.

We are grateful for your continued support and trust with your charitable funds. Our fi nancials, detailed on page 20, refl ect the Community Founda-tion’s diligence in prudently investing your gift s. Th is year, donors’ estab-lished 12 new funds within the Foundation bringing the total funds admin-istered to 330 and total assets to more than $60 million. In addition to the new funds, 5 new members have joined the Legacy Society bringing the total to 64 members. Your generosity has been the motivation for more than $69 million in grants awarded by the Community Foundation since 1978.

W. Alex Hall, Jr. Ernest W. Sumner

2 Community Foundation of Gaston County

Gaston County Born and Bred: Brenda CraigEd Gallagher, founder of Good Will Distribu-tors which later became Good Will Publishers, hired a Bible sales-man named Th omas Baugh that turned out to marry his daughter, Edith. Together, the happy couple raised six children and in the process of doing so imparted wisdom and a strong set of values.

Today, Brenda Craig, the second of the six children, lives in Gastonia and represents Ward 6 (West Gastonia) on the City Council. In talking with Brenda, one can quickly surmise the Baugh children were fed a healthy dose of instruction to guide their lives. Caring for the community was instilled in the Baugh children. “Tak-ers eat well, Givers sleep well” is an expression Brenda remembers from her childhood. Th is expression has served as the basis for decisions she has had to make in considering if a position taken would serve the whole or just a select few. Brenda remembers her parents directing their children to live outside themselves and to always be active in the community.

In 1995, Brenda started a fund at the Community Foundation in honor of her parents. Th e Th omas E. and Edith G. Baugh Fund is in place to support youth oriented causes such as scholarships and educational op-portunities as a way to honor her parents’ memory and life work.

Growing up in Gastonia, Brenda attended Sacred Heart and met her hus-band, Sidney Craig at Sweetland’s, a local hang out and drug store in downtown Gastonia. A particu-lar memory from her teenage years re-vealed that Mr. Baugh was ahead of his time in supporting the lo-cal economy. Brenda,

it seems, wanted a stylish new prom dress and planned to shop in Charlotte or Atlanta for just the right one. Upon hearing this request, her father explained emphat-ically “Young lady, if you can’t fi nd a dress in Gastonia, you are not going to the prom. I make my money here!” Although not appreciated at the time, the message of keeping resources within the community was heard loud and clear.

Brenda and Sidney were married in 1959 and have raised two children: Chip and Dawn Marie. Brenda stayed home with children until they were in school.

Once she joined the working world, Brenda was re-cruited to be a member of the Rotary Club of Gastonia. Seeing the Rotary Club as a vehicle to make a diff erence in the community, Brenda served on many committees. Jick Garland, former Gastonia Mayor, asked Brenda to chair the Crime and Drug Task Force. She accepted and worked alongside 12-15 committee members to implement policies and guidelines to keep our commu-nity safe. Town meetings were held with focus groups yielding many good recommendations for the city and county which each could choose to adopt. One example was to increase DARE offi cers in the schools and mon-ies for drug education. Th is experience proved to be a valuable introduction into local government. It was an opportunity to meet people and work with government staff .


At one point in her career, Brenda went to work for First Gaston Bank as Assistant VP of the small business portfolio. Th e bank encouraged community involve-ment and activity so this served as a good fi t. Aft er two years, an opportunity presented itself with the Gaston Chamber of Commerce which was yet another vehicle to promote Gastonia and Gaston County. In June 2009, Brenda was appointed to the City Council to fulfi ll a vacant term. Th e appointment caused her to refl ect on the path she had taken to this point and to realize that without her di-rect knowledge, she had been building a resume and had been preparing for this service. When her term length was up, she ran in the next election and won.

Another example of community outreach within the family involves Sidney Craig, Brenda’s husband of 54 years. Some of Sidney’s friends, knowing him to be an outdoorsman, approached him about becoming in-volved in Troop 4 at First ARP Church. Sidney agreed and found he enjoyed the interaction with a boy lead organization that promoted morality and strong eth-ics. He began serving on the Board of Review and volunteered for 10 years until his recent retirement as Scout Master. During his tenure, 24 scouts earned the highest rank of Eagle in Troop 4.

Brenda’s brother Tommy Baugh was an Eagle Scout. Scouting was a very important part of his life. As a member of the St. Michael’s Scout Troop, he had fond memories of time spent at Camp Bud Schiele. He and Sidney would discuss the memo-ries but also the current condition and need of improvements. Tommy one day sent a check to be used as Sidney thought

best. Setting up a fund at the Community Foundation was decided as the course of action until it was deter-mined how to best utilize funds. Since the BSA Troop 4 of First ARP Church Fund has been established, others

have contributed and the money is being used to make much needed improvements to the Camp. Sadly, we lost Tommy Baugh in the fall of 2012 to a battle with cancer, but not before he made a meaningful appearance at the Allen Sims Dinner to honor his long time friend, Johnny Long. We will miss Tommy, his participation and sup-port of the Community Foundation and all his many contributions to this community.

Brenda Craig and her family have a history of giving back to our community. It should not be surprising to learn that she is not stopping there and looking back but rather looks ahead to a bright and bold future. Brenda’s most recent endeavor is a joint project between the City of Gastonia and the Optimist Club to build a Park adja-cent to the Greater Gastonia Boys and Girls Club, for-merly West Gastonia Boys and Girls Club. Th e Gastonia Optimist Club Park Fund has recently been established at the Community Foundation to provide funding for the park. Th e renderings are available and detail how beautiful and functional the park will be completed.

Congratulations to Brenda and Sidney Craig for con-tributing in so many ways to the growth and health of our community. As the impetus of three funds at the Community Founda-tion, Brenda has a total grasp of how things can be

accomplished by working together. Gaston County and Gastonia has seen the benefi t of the Gallagher, Baugh and Craig families in all they have done to support and foster those of us that make our homes here. Th ey have proven to be “Givers” rather than “Takers” and we are very grateful.


FundsDonor Advised Funds - Th ese funds are oft en created as an alternative to a private foundation and allow donors to recommend the charitable organizations to be considered for grants.Belmont Abbey College Endowment FundBob and Tuga Adams FundAlala Family FundDr. B. P. Albright, Jr. Family FundAndrews Family FundAnonymous Charitable FundCarroll & May Barger Family FundHerbert Wesley & Margaret Jenkins Basham FundTh omas E. and Edith G. Baugh FundMartha and Giles Beal FundTh e John Biggers Commemorative Mural FundJames E. and Margaret Jenkins Black FundCaldwell - Blake Family FundAlfred W. and Carolyn W. Bohanan FundBeverly B. Bryant FundHarry and Ruby Bryant FundScott, Ashley and Stephen Bryant FundTh e David Belk Cannon FundCarolina Brush Company FundJ. C. and Phyllis Carothers Family FundCarrigan Charitable FundBillie May and Walter Carroll, Jr. FundCatherine Pharr Carstarphen FundCarstarphen Family FundCarter-Barger Family FundA. B. Carter, Inc. FundCherryville Federal FundCitizens South Bank FundCline FundMary Jo Cloninger Family FundJ. T. Comer, III FundCookson FundRick and Rhonda Craig FundJean Groves Dixon FundLinda and Dan Duncan FundGastonia East Rotary FundEfi rd Family FundJerry and Sylvia Fogle FundJohn L. and Margaret S. Fraley FundJames Boyce Garland Memorial FundGaston County Jaycees FundGaston County Medical Society & Alliance Foundation FundGaston Regional Chamber of Commerce FundGastonia Sheet Metal Fund

Grandmother Mae's Charity FundSarah Marley Gray FundWalter and Jan Gray FundTitus and Gail Greene FundH. T. Efi rd Family FundW. Alex and Virginia M. Hall FundHancock Family FundWilliam G. & Hazel Vuncannon Hardin Education FundRobert Hargett FundGaston County Public Health FundDougie and George Henry FundGeorge F. Henry III FundBill Hodde Memorial FundSybil and Lin Hollowell FundDick Hunnicutt FundEsther Adams Hunnicutt & Family FundJanet and Fred Jackson FundJarman Family FundRobert and Anne Kahn FundGrayson Kellar Family FundR. Wm. and Annabelle M. Kelly FundShepard C. Kimbrell FundW. Duke Kimbrell FundDave and Nan Kirlin FundKiwanis Club of Gastonia FundDavid R. LaFar, III Family FundJohn and Dee B. LandWilliam D. & Betsy S. Lawson Foundation FundLeone Family FundLineberger Foundation FundGastonia Evening Lions Club FundSteven Long Family FundJ. Carl and Mary W. Loughridge FundJohn C. Loughridge FundDr. Charles Emmet and Naomi Pool Lyday FundMargaret and Spurgeon Mackie FundCharles and Sue Massey FundMaternity Home FundMatthews-Belk FundEugene R. Matthews II FundBetty Choate & B. Frank Matthews, II FundTh e Bob and Chris McCullen FundKevin T. McFadden FundJohn K. McGill Family FundMcKenney Family Dealerships FundMcPhail Family FundLindsay H. & Charles J. Meakin, III

FundJudith M. and George R. Miller FundKelly Morris Family FundLeslie M. and Mary Alice Morris FundDan Moser Family FundMark Moskowitz Family Foundation FundErnest & Vivian Mosley Youth Mission FundKittie and Albert Myers FundMyers FundNC Association FundNewcombe Family FundNext Generation FundJohnnie E. Nichols FundDr. Douglas Nigbor & Heather Hodde Nigbor FundNoah Fund for Epilepsy AwarenessGastonia Optimist Youth FundRon S. Ownbey FundJackie McQuitter Page FundCarolyn and Bill Palmer FundGastonia Optimist Club Park FundTim & Nancy Paschall FundCharles W. Pearson Sr. FundCharles W. Pearson Sr. Handicapped Children's FundPlato and Catherine Pearson FundPearson's Inc. FundJoseph P. Pearson FundRobert S. Pearson FundMr. & Mrs. Plato Pearson, Jr. FundLarry K. Petty FundPlaner Family FundWray A. Plonk, Sr. and Alma Putnam Plonk FundHerb and Joyce Price Family FundProject Hope FundPSNC Energy FundRichard E. Rankin, Jr. & Sarah Park Rankin FumdDavid R. Ratchford Family FundTh e Rauch Family FundJerry W. and Lisa C. Richardson FundRalph S. Robinson Family Endowment FundRotary Club of Gastonia FundAnnabele Matthews Royster FundMildred J. Sadler FundKatherine and Jason Sanders FundTh e Senior Center Fund


Shovelin Family FundAda Ellen and David Allen Smith FamilySolomon Family FundBob & Janet Spencer FundSusan Stanley FundBruce and Betsy Steketee FundStott, Hollowell, Palmer and Windham FundRichard Alan Stout Scholarship FundCharles T. Stowe Jr. Family FundHelen B.and W. Wesley Styers FundMary & Ernest Sumner FundH. Randolph and Elizabeth N. Sumner FundRon and Janet Sytz FundRobert and Elizabeth Sytz Jr. Endowment FundRobert and Elizabeth Sytz Jr. FundBenson E. L. & Lorna G. Timmons Family FundNatalie M. Tindol and Jonathan M. DavisToole-Ghianni Family FundJean M. Torrence FundC.K. Torrence, Jr. FundLeslie & Mike Wallace FundDonald Walser Family FundPamela K. Warlick FundAnderson D. Warlick Family FundElizabeth Matthews Welton FundJames and Eleanor Williams FundWinecoff Family FundTh e A. Knox and Beth Winget Family FundLuby E. and Catherine Wood Fund

Designated Funds - Th ese funds allow the donor to make to specifi c organizations of choice when the fund is established.

Agency FundAlliance for Children and Youth Endowment fundGaston Art SpaceR. Locke and Mary Robin Bell FundClayton and Jo Ann Berryhill FundBoys & Girls Club of Greater Gastonia Endowment FundBisanar FundHarry & Ruby Bryant Capital FundBSA Troop 4 of First ARP Church of Gastonia NCCamp Rotary Endowment FundCarillon Fund

Carol Bush Lewis Arts Council FundCharitable Trusts (23)Julie Rankin Civils Service Leadership Award FundClyde Collins Mission FundCovenant Village Endowment FundCrimestoppers of Gaston County FundCrisis Assistance Ministry Endowment FundFrank W. Davis FundRonnie Digh Endowment FundDaniel J. Stowe Benevolent FundSimms & Betty Doster Family FundDaniel Stowe Botanical Garden Endowment FundEast Gaston Boys & Girls Club Endowment FundErskine College Trust FundFamily Service, Inc. Endowment FundFirst Associate Reformed Presbyterian Church Missions Trust FundMountain Island Educational State Forest FundDr. James S. & Mary Francis Forrester Endowment FundMountain Island Educational State Forest Capital FundHowe Memorial FundDixon Lighting FundF. P. Hall Lecture Endowment FundBlair Fraley Scholarship FundMary Frances and Kenneth Friday FundFUMC General Endowment FundFUMC Scholarship FundGaston East Rotary Literacy Endowment FundGaston Arts CouncilGaston College Endowment FundGaston Day School Endowment FundGaston Day School Endowment -- Lineberger Foundation FundGaston Diabetes Center FundGaston County Education Foundation Endowment FundGaston Literacy Council, Inc. Endowment FundGaston School of the Arts Endowment FundGaston County YMCA Endowment FundGaston Christian School Capital FundGaston Christian School Scholarship FundGaston Day School Scholarship Fund

Girl Scouts Pioneer Endowment FundAlice McNeil Rankin Gordon FundGSOA Eugenia Evans Scholarship FundDede Gunter Music FundHabitat for Humanity FundLloyd and Lucille T. Hales FundEthelda Hanna Mission FundHeart Society of Gaston Co., Inc. Endowment FundEducation Foundation’s Highland School of Technology FundHospice Endowment FundH. P. Beal Scholarship FundJunior League of Gaston County Endowment FundVirginia Hamilton Lewis Endowed FundLittle Red Schoolhouse FundDave and Eunice Lore Mission FundLutheran Chapel Evangelical LutheranChurch Endowment FundAnne Maddox Memorial FundManse FundMontreat Conference and Retreat FundFred T. Morrow, III Scholarship FundMountain Island Lake Protection FundRobert M. Mundy House Endowment FundN. F. Dixon Weekday School Scholarship FundWilliam T. & Mabel H. Nolen Charitable FundOlney Presbyterian Church Inc. Cemetery FundVictor & Evelyn Osborne Fund for Crisis Assistance FundGaston County Parks Improvement FundFUMC Trustees Parsonage FundPearson Salvation Army FundHomer Porter FundGeorge R. Poston FundGeorge R. Poston St. Mark’s Episcopal Church FundDan Ragan Family FundCaldwell & Jocelyn Sikes Ragan FundRobert Allison Ragan Philanthropic FundLila S. Rankin FundHarold Rankin FundRatchford Mission FundRudisill Family FundSalvation Army Boys and Girls’ Club ofGaston County Endowment FundSchiele Museum Endowment Fund


St. Mark’s Evangelical Lutheran ChurchBill & Polly Spencer FundSaint Paul’s Lutheran Church Family Life Ministries Endowment FundSaint Paul’s Lutheran Church Cemetery Endowment FundSaint Paul’s Lutheran Church Organ Endowment FundCharlotte Symphony Endowment FundJ. Caswell Taylor, JR Family FundTemple Emanuel Building and Improvements FundRauch Endowment for Temple Emanuel FundHarley and Carrie Toney FundUnited Way of Gaston County Endowment FundRobert F. Walkowiak YMCA Memorial FundWarlick Center Maintenance FundW. D. Stowe Trust FundEdgerton Webb Street School FundDr. Kevin L. Weiss Memorial Endowment Fund for Holy AngelsWith Friends, Inc . Reserve FundYMCA of Greater Charlotte Endowment Fund

Scholarship Funds - Th ese funds are specifi c in providing scholarship funding for continuing education.

Alaina N. Abernathy Memorial Scholarship FundTh e George and Patricia Barnard Scholarship FundBradley Alton Baxter Memorial Scholarship FundDavid Belk Cannon Scholarship FundBeam Construction Company FundLocke Bell Family Scholarship FundAlfred W. Bohanan Scholarship FundBancroft Poston Scholarship FundClyde and Dezaree Brackett Family FundMax J. Fowler Scholarship FundPaul F. Fuller Memorial FundGaston Music Education Foundation FundSylvia L. Holmes Scholarship FundKings Mountain Student Scholarship FundHelen Rhyne Marvin Scholarship FundWilliam P and Odessa Swann Phillips Scholarship FundMildred J. Sadler Scholarship Fund

Students Helping Students Scholarship FundGeorge W. Stowe Scholarship FundDr. Bernard H. Sullivan, Jr. College Scholarship FundLonnie & Rachel Waggoner Nursing Education Endowment FundJane Stephenson Walsh Scholarship FundMartha H. Waters Memorial FundElizabeth Matthews Welton Scholarship FundDr. Grover W. White Scholarship FundRobert Wilton Williams, Sr. Memorial Fund

Field of Interest Funds - Th ese funds benefi t specifi c areas of interest to the donor such as education or the arts. Th ey can also benefi t a geographic area.

Annie’s Fund for Women & Children FundClaude C. and Mabel F. Beam FundEwing Family Environment FundTerry Albright Kenny and David J. Kenny Charitable FundRoberts-Miller Children’s Endowment FundTh omas A. and Kathy L. Stewart FundTh e Phil Turner Fund

Unrestricted Funds - Th ese funds give the Foundation the discretion to make grants that address the most urgent needs of Gaston County.

Mary W. Adams FundLucille Rankin and Margaret Rankin Beam FundBroadus & Macie Cox FundE. D. Craig FundWilliam and Elizabeth Current FundFrank and Mattie Davis FundGarrison FundWayne and Ann McCorkle Howe FundJenkins-Rankin-Morris FundJohn K. & Rebecca M. Long FundEleanor K. and James H. Martin, Jr. FundOperating FundBarbara S. Rhyne Fund

Ralph and Sally Robinson FundRun For Th e MoneyAllen H. and Anne R. Sims FundDaniel J. Stowe Charitable FundNorma C. Sumner Fund

Caleb Polson - Brackett Family Scholarship recipient graduating from UNC - Chapel Hill. (photo by Elizabeth Windsor)

Ghada Ternanni - 2012 Brackett Family Scholarship recipient graduates fromSouth Point High School.


The Legacy SocietyLegacy Society Members are philanthropists who have designated a charitable endowment gift to the Founda-tion through their estate planning. Th ese patrons are role models for the community. Many options for creating an endowment are available for your personal planned giving, from bequests in your will to charitable remainder trusts and gift annuities. Th ese gift s create a legacy for you and your family that address the needs of our com-munity for generations to come.

Mrs. Mary W. AdamsMs. Susanne Albright WhitesidesAnonymous (5 Members)Mrs. Martha BealMr. and Mrs. R. Locke BellMr. Clayton Berryhill, Jr.Mrs. Alfred W. BohananMrs. Beverly B. BryantMr. and Mrs. Harry M. Bryant, Sr.Mr. and Mrs. J. Bynum CarterMr. Dan CarriganMrs. Walter C. CarrollMr. and Mrs. J. M. Carstarphen, IIIMr. James T Comer, IIIMrs. Merle G. CostnerDr. and Mrs. William A. Current, Sr.Mr. & Mrs. Simmons P. DosterMr. and Mrs. John L. Fraley, Jr.Mr. and Mrs. Walter H. GrayMr. Titus W. GreeneMrs. Lucille HalesMs. Joyce M. HolfeldMs. Esther Adams HunnicuttMr. W. Eugene HunterMr. and Mrs. Fred A. JacksonMrs. William H. Keith Mr. and Mrs. David KennyMr. W. Duke KimbrellDr. and Dr. Philip and Cheryl LeoneMr. and Mrs. John K. Long

Mr. John C. LoughridgeMr. H. Spurgeon Mackie, Jr.Mr. John K. McGillMrs. Eleanor K. MartinHelen P. Massey Charitable TrustsMr. Albert Richard Rankin MorrisMr. Ron S. OwnbeyMr. Plato Pearson, Jr.Mr. and Mrs. David E. PostonMr. and Mrs. Herbert W. PriceMr. and Mrs. Dan C. RaganMr. Robert A. RaganMr. Harold RankinMr. Ralph S. Robinson, Jr.Mr. and Mrs. Ben R. RudisillMr. and Mrs. Wayne F. ShovelinMrs. Linda W. SladeMr. and Mrs. John H. StanleyMr. and Mrs. F. Bruce SteketeeDr. and Dr. Doug and Susan StoverMr. and Mrs. Ernest W. SumnerMr. and Mrs. H. Randolph SumnerMrs. Natalie M. TindolMr. and Mrs. Robert V. Sytz, Jr. Mr. William P. TurnerMrs. Pamela Kimbrell WarlickMr. and Mrs. Donald L. WarrenMr. George C. Winecoff , IIIMr. and Mrs. Luby E. Wood


Run for the Money 10Th ere are many sporting events that raise money for good causes, but few can say they make life better for an entire county by supporting more than 100 nonprofi t organizations as part of their event. Run for the Money, sponsored by the Community Foundation of Gaston County, is such a race. Celebrating its 11th year, the Run has raised more than $11 million dollars for non-profi ts in Gaston County, North Carolina.

“Our company loves to support the Run for the Money because it combines an exciting and well run 5K with a great opportunity to raise money for hundreds of non-profi ts in our community,” said Rusty Harris, President of PSNC Energy.

Th e unique program allows local non-profi ts to reach out to donors during a two month period. Funds raised are matched by the Community Foundation’s Match Fund. Individuals, businesses, churches and civic groups can make a bigger impact with their donations with the added boost from the Match Fund.

Girls on the Run of Gaston County, one of the 124 par-ticipating non-profi ts in Run for the Money 11 this year, likes participating in the event for multiple reasons. Ac-cording to Executive Director Kathleen Boyce, “As part of our program in Gaston our participants complete both a Practice 5K and an End of Season Run. Th e Run

for the Money serves as our Practice 5K and has been critical to the growth and fi nancial sustainability of our program.

Our participation in the Run has resulted in tremen-dous community awareness of Girls on the Run and an increased demand for the program at schools and sites throughout Gaston County,” stated Boyce.

A certifi ed 5K run with chip timing, the 2012 Run for the Money had more than 2,000 runners who braved the elements to compete for prize money awarded to participating non-profi ts on their behalf. Top male and female winners delivered $1,000 to their favorite causes and $10,500 in additional winnings was divided among various age groups in both male and female categories.

“Catawba Lands Conservancy appreciates the support of all the Run for the Money participants who designate their fi nancial gift s and prize money to CLC,” said Car-men Bray, communications director for Catawba Lands Conservancy. “Th e donated funds help us to continue protecting our region’s special places forever, so we can’t thank those runners enough for their time, commitment and support for our conservation eff orts throughout the Southern Piedmont of North Carolina.”

Th e RTFM course starts in downtown Gastonia and winds through the beautiful York Chester Historic neighborhood. Streets are lined with cheering neighbors


and friends through the entire route. Th ere is a 2K walk for all ages. Chil-dren enjoyed games in the Kids Zone. Spectators were also entertained by the karaoke competition between 20 of the participating nonprofi ts orga-nizations and also visited booths set up by participants and sponsors that

featured educational materials and fun giveaways too.

Whether you’re a veteran runner who enjoys a well run 5K along a charming, tree lined route or an individual who enjoys supporting a good cause and being fi t at the same time, Run for the Money was an event unlike any other.

Thank You to Our Run 10 Sponsors!


2012 Allen H. Sims AwardTh e year 2012 marked the 23rd Annual Allen H. Sims Dinner held by the Community Foundation of Gaston County in celebration of philanthropy. Th e dinner also served as the annual meeting for donors that participate at the Foundation as a fund holder, member of the Benefactors at the Friends level, and Legacy Society members. Aft er an invocation by Rev. David Christy of First United Methodist Church, Community Foundation President, W. Alex Hall gave a report on the status of the Foundation.

Th e program for the event consisted of a video highlighting some of the areas of impact the Community Foundation has had in Gaston County. Henry Massey, a former board member and Board President of the Foundation, mentioned the critical role the foundation played in the establishment of Highland School of Technology. Tom Efi rd, a current Board member and former Board President, made a compelling case to become involved in the work of the Foundation and gave an easy to understand explanation of the diff erent facets of the Foundation. Katherine Sanders, a donor and former RUN for the Money coordinator, discussed the success of RUN for the Money and urged those in the next generation to become involved and participate at the Foundation.

Th e Robin Johnson House of Hospice was featured in the video as an area of impact as was the Schiele Museum, Family Promise and Stowe Botanical Garden. Grants from the Community Foundation along with the generosity of donors in Gaston County come together to make great ideas become realities.

At the conclusion of the program, Dr. William Current, Sr. Member for the 109th District of the NC State House of Representatives made a presentation of the Sims Award. Dr. Current entertained the audience with a stroll down memory lane, refl ecting on the concentration of benevolent and caring citizens that grew up and lived in a specifi c area of Gastonia. Included in the list of notable Gaston County citizens, was this year’s recipient of the award, John Kelly Long.

Born as the son of Marguerite Clark and John Kelly Long of Gaston County, John Kelly Long, Jr. was raised in Gaston County on Linwood Farm, which was owned and operated by his father. Mr. Long attended local schools and High Point University and is aff ectionately known by his friends as Johnny. In 1960, he married Rebecca Marley and they now have three children and six wonderful grandchildren.

Spending many hours working on the farm, Johnny made the decision that farming was not to be his occupation. From 1961 to 1997 he worked for Carolina Cotton Classing Agency as a cotton salesman with Anderson Clayton Cotton Merchants and owned and operated Carolina Classing Broad Street Bonded Warehouse. Presently, he manages Linwood Farms, Inc. which is proof that life can be circuitous and oft en brings us squarely back to our roots.

Th e personal side of Johnny Long includes a lifetime membership at First United Methodist Church, where he has served in many capacities including Chairman of the Administrative Board, Chairman of the Annual Budget Drive,


Board Trustee and Chairman of Staff Parish Committee. He loves the outdoors; spending time on his tractor with his trusted canine companion, Nellie. He has many hobbies which include hunting deer and turkey, playing golf and hunting for arrowheads.

A person’s hobbies can reveal things about that person. Johnny Long’s interest in arrowheads struck a chord, so to speak, in refl ecting on his accomplishments and contributions to his community. Th e defi nition of an arrowhead is “a tip, usually sharpened, added to an arrow to make it more eff ective or to fulfi ll some special purpose.”

Johnny Long has approached his community service in the manner of an arrowhead. In all his endeavors, he has freely off ered his personal strengths and talents to fulfi ll or improve a specifi c purpose. He has accomplished a great deal in his service on various Boards, not independently but rather as an arrowhead to provide leadership and guidance to propel projects to completion.

Some examples of his community service are: PTA President at Hunter Huss High School for 2 years, Board of Th e American Heart Assoc., Board of Crowders Mountain State Park for 16 years, Board of NC State Parks for 3 years, Board of Visitors High Point University, YMCA Board of Directors for 25 years, YMCA Metropolitan Board, Gaston County Board of Health, Gaston Country Club President, Gaston Literacy Council, Board of Directors First Community Bank, Chairman of Local Board of RBC Bank, Board Member of Covenant Village for 20 years. Concerning leadership, Johnny Long has served as President of the YMCA Board of Directors, the Community Foundation Board, and is currently the Board President of Covenant Village. Due to his many years of community service, Johnny Long has received Th e Phil Ritter Leadership Award, Th e J.D. Hicks Lifetime Achievement Award and the Duke Kimbrell Lifetime Achievement Award.

From 1996 to 2001 and again in 2003 to 2008, Johnny Long served as a member of the Board of Directors of the Community Foundation of Gaston County and was the Board President in

1999 - 2000. Mr. and Mrs. Long are fund holders and members of the Legacy Society at the Foundation. Mr. Long was very instrumental in obtaining additional space for the Foundation offi ces and is always eager to help with any project when called upon to do so.

John “Johnny” Kelly Long exemplifi es the Sims Award attitude:

Th e selfl ess act of seeing a need and fi nding a solution, of caring for a community and making a diff erence.

A second video dedicated to the Sims Award recipient, John Kelly Long was produced and is currently available on the CFGC website and Facebook page. Tom Hauer, Covenant Village Director, thanked Mr. Long for his years of devotion to the Covenant Village Board of Directors and his leadership as the current Board Chair. Tony Sigmon, Director Gaston YMCA, also congratulated Mr. Long and thanked him for the many years he has served on the YMCA Board and given countless hours to join the YMCA in focusing on youth development, healthy living and social responsibility. John Kelly Long, a long time member of First United Methodist Church, says his work in our community began at his church and would encourage others to give back and become involved.

Johnny Long, Tom Baugh, Phil Carson and Les Morris

Doris Kellar and Joyce Holfeld. Don Warren in Background

Dr. and Mrs. Doug Nigbor


Unrestricted GivingDonations made to the Garrison Fund are used to make unrestricted grants to Gaston County non-profi t organizations. Donors to this fund are members of the Benefactors Memorial Program, which enables them to request memorials be sent in remembrance of friends and family throughout the year. Names of the departed and the donors are entered into the Book of Memory in this report and on our website.

Friends ($1,000 - $19,999)

Benefactors ($250 - $999)

Mr. and Mrs. Harry M. Bryant Sr.Mr. and Mrs. Tom D. EfirdMrs. Judith D. FallsMs. Esther Adams HunnicuttMr. John C. Loughridge

Mr. and Mrs. Gene R. Matthews IIMr. and Mrs. Samuel G. McGregorMr. and Mrs. Ralph S. Robinson Jr.Mr. T.J. Solomon IIMrs. Martha G. Taylor

Ms. Nell P. AlalaMr. and Mrs. James S. Brown IIMrs. Beverly B. BryantMrs. Clarissa H. CraigDr. and Mrs. William A. Current Sr.Mr. Robert W. DarwinDr. and Mrs. Walter W. DicksonMrs. James S. ForresterMr. and Mrs. Walter H. GrayMr. and Mrs. W. Alex Hall Jr.Mr. and Mrs. Kenneth W. Harvey, Jr.Mrs. William H. Jarman Jr.Dr. and Mrs. R. William Kelly Jr.Ms. Elizabeth Dickson LandisMrs. George Manning

Mr. and Mrs. Henry H. Massey Jr.Ms. Eva A. McLean & Mr. Joel KendrickMr. Albert Richard MorrisMr. and Mrs. Fred M. Moss Jr.Dr. and Mrs. Douglas A. NigborMr. and Mrs. R. Davis PattonMr. and Mrs. Robert S. PearsonMr. and Mrs. Geoffrey A. PlanerMr. and Mrs. Wayne ShovelinMrs. Frances SpringsMr. and Mrs. W. Wesley StyersMr. and Mrs. Ernest W. SumnerHon. and Mrs. Richard L. VoorheesMr. and Mrs. Donald L. Warren

Philanthropist ($20,000 and up)Mr. and Mrs. W. Duke Kimbrell

Sarah AbowdJonathan App

Ouida BassWillard “Tim” BatesThomas E. Baugh, Jr.Margie BeamRose L. BlackIrene P. BlantonDorothy BoguckiLula BolickSr. Mary Michel BoulusWilliam BrowneFrederick William BuchtaHoyt Butler, Jr.Charles “Charlie” Gardner Butterworth

Alvin Grier CainGlenn CaldwellJames CarpenterRay A. CarsonJames Bynum CarterCarmen J. ChearsDorothy ClaiborneRosa B. CopeDr. Tom CottinghamColonel William A. Couthen, Jr.George W. CoxRuth Elizabeth CoxDr. Robert Culpepper

Henrietta Davis Thomas DagenhartSarah Thomas DavisTommy Flowers DicksonMyra DosterSharon “Sherri” Grigg DuBois

Mannie C. EdisonKatherine ElliottCharles C. Elmore, Jr.Parks ElmoreEugenia Weisman Evans

Lillie Elizabeth FallsJohn Fletchey, Jr.Rose ForrestMax J. FowlerMike FreemanLoretta Maney Froneberger

Avery Garrison, Jr,Harley B. Gaston, Jr.

Charles Reed “Tim” GilmoreJames P. Guin, Jr.

Jane HamrickWillena Glenn HarrisCarroll Leonard Henderson, Jr.Douglas “Dougie” Robinson HenryWilma Jenkins HicksonWilliam A. HobschaidtBill HoddeMamie HodnettGeorge Allen HookWillis HooperJacob G. “Jake” Hord, Jr.Nancy Hudson

Barry Jenkins, Sr.Ceil JonasWalker Jordan, Sr.

William Harvey “Bill” KeithJean Gillespie KingMargaret Simmons KirkSarah Blair Knowles

E.H. “Sonny” LacyMartha LeaganAnne LittleKevin LoftinDorothy LongJames Lynch, Sr.

Dr. Jimmie MartinVernon MartinKathleen MartinEleanor MartinFreida MauldenM. Lawrence MauneyRobert Mayberry, Jr.Effi e McCarterJoseph W. McCloskey, Jr.Sue Wilson McConnaugheyInez McConnellJason Alexander MedlinDonna MichaelsJoe MooreDorothy Quinn MorrisEdith MunnDr. Thomas L. Murphy, Sr.

Charles A. NeislerC.E. Nixon

Lisa OnonyeMargaret Owens

Jacquelyn PaigeBennie PedenLucille PegramCharlie F. Peninger, Sr. Julia PerkoskyDwight PerryJoseph B. Pisarra

Eleanor Whitehurst RaganRev. Dr. Robert William “Bob” RatchfordNancy ReidSteven Blake RobinsonEmbrey RobinsonSloan Shelton Robinson, Jr.Leroy Russell

Dr. James Sanders, Sr.James R. Satterfi eldSally SchultzMargaret Elizabeth “Meg” SilvoyDr. Henry SmithPatsy Rabb SmithArthur M. Spencer, Jr.Madeline StebbinsMoetell StilesBetsy Ann Gately Stout

Ossie TaylorDr. James Edward TaylorMargaret ThrowerRuth Teachey TownsendDr. Hugh Edward Tyner

Ann Underwood

Lee O. Waters, Jr.Lucille WeathersWilliam “Roy” WeathersJana Ward WebbLillian WelstedAlma Johnson WestbrookWhit WhitesideLester Roy “Bud” Wiggins, Sr.Earle Abernathy WilfongPhilip WilliamsSadie Elizabeth WilliamsAlvin Witten

Betty Harrill Yelton

Book of MemoryTh e Book of Memory was established as a way to preserve the names of loved ones in whose memory gift s are made. All memorial gift s become part of the Garrison Fund, the cornerstone unrestricted fund of the Founda-tion. Th e income from this fund is used to make grants to local agencies through a competitive grant application process. Our website, www.cfgaston.org, maintains a current list of these memories and the donors.


14Community Foundation of Gaston County

The Next Generation FundEstablished in 2000, the Next Generation Fund is a charitable fund that promotes long-term philanthropy by involving a group of twenty-something to forty-something community leaders interested in improving the quality of life for citizens of Gaston County. Donors make an annual commitment to the fund and have the opportunity to be involved in making community grants on behalf of the fund. Members are also eligible for social events associated with the Next Generation Fund.

Early in 2012, fund members and guests enjoyed the Annual Ugly Sweater Party at the home of Amy and Marsh Spencer in Belmont. Members made donations to Catherine’s House, transitional

housing facility and program for homeless women and children. In February, the Next Generation Fund along with students from Sadler Elementary won Gaston Education Foundation’s Are You Smarter than a Gaston County 5th Grader. In the fall, the fund members and guests gathered at the home of Coleman and Tim Efi rd for party to kick off a new season of philanthropy. Members donated supplies and fi nancial support for Bit of Hope Ranch, a local non-profi t whose mission is to Reach, Rescue and Restore broken children, families and horses.

At the end of 2011, the Next Generation Fund awarded $6,000 to local non-profi ts listed below. In 12 years, the Next Generation Fund has made grants totaling over $115,000 to Gaston non-profi ts enriching the lives of children and their families.

Classroom Central To acquire school supplies for Gaston County Schools. $1,250

Gaston County Education Foundation Sponsorship of a team in the 2013 Are You Smarter than a Gas-ton County 5th Grader to fund mini grants for all Gaston County public schools. $1,000

Gaston County Schools/Newspapers in Education For Gazette Tech. to bring technology skills to Gaston Early Col-lege High School $1,250

HealthNet Gaston For “Health at Home” handbooks given to low-income/uninsured patients that will provide patient education which is proven to reduce emergency department visits. $2,500

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Th is year, grants from the Foundation’s unrestricted funds were made to 25 agencies in or serving Gaston County during the competitive grant making cycle. Th ese grants are listed below in alphabetical order. For more informa-tion about the comepetitive grant application process, please visit our website, www.cfgaston.org.

Grants

Animal League of Gaston County $12,500Th e Animal League promotes animal welfare by pro-viding low-cost spay / neuter programs, foster homes for homeless animals, adoption / rescue programs and assistance to pet owners. Funds will provide Spay/Neuter assistance to the most needy citizens of Gaston County.

Th e ARC of Gaston County $7,200Th e ARC works to support people of all ages with de-velopmental disabilities by ensuring social, educational, health-related, and enriching opportunities for their daily success. Grant proceeds used to purchase special-ized equipment for a new fi tness program that will en-gage children and adults with developmental disabilities in an inclusive fi tness setting.

As One Ministries $10,000As One Ministries provides daytime shelter and other basic services to Gaston County’s chronically home-less. Funds to help provide support groups for homeless clients, assistance for co-payments for clients who need medication, eye exams, GED Testing, Rent & Utility deposits for housed clients, and additional case manage-ment support to assist with increase in homeless clients.

Belmont Community Organization $8,000BCO is a charitable, volunteer ministry dedicated to pro-viding emergency aid for needy families and individu-als in the greater Belmont and New Hope areas. Grant support will provide immediate relief to those requesting food, clothing, utility assistance and other basic human needs.

Bit of Hope Ranch $4,000Bit of Hope Ranch’s mission is to reach, rescue and restore broken children, families and horses through programs that build mind, body and spirit. Funds to be used for a Character Challenge Course that will off er controlled challenges to groups of young people that will help them work together physically and mentally.

Cancer Services of Gaston County $12,000Cancer Services promotes healthy lifestyles and provides support needed by people living with cancer. Funds from this grant will provide fi nancial assistance for prescrip-tion medications and other essential non-prescription items.

Catawba Lands Conservancy $17,500Catawba Lands Conservancy’s mission is to protect land and connect lives to nature. Grant proceeds will help construct a new boat landing at the R.Y. McAden take-out located just south of I-85 in McAdenville, which will be part of the Carolina Th read Trail.

Catherine’s House $5,000Catherine’s House provides transitional housing in a safe and caring environment, as well as supportive programs and services, for women and children who are home-less. Grant Funding will help provide an evening case manager to assist in setting goals, seeking housing, and securing better employment.

City of Cherryville $900Th e community center serves the citizens of the city and visitors attending meetings, banquets or other events sponsored by the city. Th e center also hosts several non-profi ts in and around the community. Grant proceeds used to update the PA system to a wireless microphone system.


Gaston Arts Council $8,000Th e Council’s mission is to develop, enhance, advance, and sustain the cultural life of our community. Funding to be used for music lessons for 4 local HeadStart Facili-ties and to provide live performances for Gaston County school children.

Family Promise $14,000Family Promise provides meals, shelter and counsel-ing services for homeless families of Gaston County, promoting growth for a successful transition to inde-pendence. Funding will provide supportive services, specifi cally intensive case management to homeless/low income families.

Gaston County Medical Society Alliance $3,500Th e Medical Society Alliance works with the Gaston County Medical Society and other organizations in ad-dressing the health needs of the people and medical pro-fessional concerns. Funding will assist with a children’s health fair that will educate children and their parents about healthy lifestyles.

Gaston County Family YMCA $40,000Th e YMCA’s mission is to put Christian principles into practice through programs that build a healthy spirit, mind and body for all. Grant proceeds will purchase 2 buses.

Gaston Family Health Services, Inc. $15,000GFHS is a complete, family-centered provider of health, education, and preventive services to our community. Funding will purchase 3 high-low exam tables for use by elderly, overweight, and disabled patients.

Gaston Hospice $22,000WE are Gaston Hospice. Compassion And Respect sur-rounding the End of life. Funding will go towards a 7 bed expansion of the Robin Johnson House.

Girls on the Run of Gaston County $13,000GOTR encourages preteen girls to develop self-respect and healthy lifestyles through running. Addresses all aspects of girls’ development – their physical, emotional, mental, social and spiritual well-being. Th is grant will provide full program scholarships and shoes for 60 low income girls.

Habitat for Humanity of Gaston County $60,000Habitat for Humanity is dedicated to building and renovating aff ordable housing for low-income families in Gaston County. Grant Funding to sponsor the 100th house to be built in the Spring of 2013.


Heart Society of Gaston County, Inc. $5,000Th e Heart Society increases awareness of heart disease, promotes heart healthy lifestyles and provides services to local heart patients. Grant proceeds used to purchase screening supplies for the Women’s Cardiovascular Health Initiative.

Junior Achievement of the Central Carolinas $3,500Junior Achievement’s mission is to inspire and prepare young people to succeed in a global economy. Funding for programs that teach students how to manage their fi nances, become entrepreneurs and develop skills for the global workforce.

Keep Gastonia Beautiful $2,000Keep Gastonia Beautiful makes the community knowl-edgeable and responsible in natural resource conserva-tion, solid waste handling, recycling, litter abatement and beautifi cation. Funding to purchase equipment and materials used in training courses for the new Gastonia Tree Tenders volunteer group.

Off the Streets Program, Inc. $12,000OTSP gives women the opportunity to recover from drug addiction and prostitution in a safe and healthy en-vironment. Support from this grant will further enhance programs and services for women who recover from drug addictions and prostitution.

Th e Shelter of Gaston County $10,000Th e Shelter empowers victims of domestic violence by providing emergency shelter, advocacy and support on their journey to an abuse-free life; and to raise awareness of domestic violence and its devastating consequences. Grant funding to help launch a new initiative to pro-vide housing assistance in the form of moving expenses and partial rent subsidies for 6 months for women and children transitioning from the shelter to permanent housing.

Special Kare Ministries $5,500Special Kare Ministries strives to provide simple job training, self help and communication skills for indi-viduals with mental challenges within our community. Funding used for start-up of Mommy & Me Music Th er-apy & Development Program for all Gaston Co. families.

Stanley Town Revitalization Corp. $10,000Stanley Town Revitalization Corp’s mission is to benefi t and enhance the lives of all those who live, work and play in the greater Stanley community, residents and guests of all ages. Funds will help complete Harper Park, a 17+ acre recreational park with facilities and activities for all age groups.

Voices for Kids, Inc. $2,700Voices for Kids furthers the eff orts of Guardian Ad Litem in Gaston County by promoting public and volunteer awareness for children in the justice system. Grant pro-ceeds to provide one on one summer tutoring for DSS school children and “fun/educational” events.

Gaston County Family YMCA / Cancer Services / Girls on the Run $13,000A collaborate eff ort by these three organizations. Funds were used to purchase and share race timing equipment for community runs.

Photo courtesy of Mr. Richard Hefner


A Special Tribute to Mrs. Becky Carter

As a special tribute, this annual report is dedicated to the memory of Rebecca Josie Blankenship Carter, known to her family and friends as Becky.

Becky Carter served as the fi rst full time volunteer Executive Director for the Community Foundation of Gaston County from 1987 to 1994. Aft er serving as Director, she continued to participate as a Board member and donor. During her tenure as Director, the Foundation assets tripled in size. She is also credited with inspiring the largest single donor to date with an unrestricted gift to the Foundation.As the wife of J. Bynum Carter (1924- 2012) and mother of May Carter Barger, she will be remembered for many things. Her appreciation of nature’s beauty , her passion for making her community a better place to live, her ability to engage others and her capacity to form big ideas and foster them to reality are but a few of her memorable qualities. Perhaps the most signifi cant observation one will notice when asking anyone that knew her personally is an immediate smile.Friends will smile at the mention of Becky Carter’s name because she made them smile. Her humor is one of the out-standing characteristics that defi ned her. Armstrong Circle, a charming neighborhood, was home to close friends of the Carter family and the scene of many stunts pulled off by Becky. When Tete Pearson hit a tree at the entrance, Becky placed a giant Band-Aid on the tree for all passersby to notice. Charlton Torrence remembers he and his wife sprucing up their yard for a garden tour only to be shocked at the sight of a painted tractor tire fi lled with dead plants in the middle of the yard the next day as Becky had stealthfully crossed a bridge between their houses in the night to place it there. She is also known for spray painting her yard green when the draught made lush green grass impossible. Tuga Adams recalls a “monkey business” kit put together by Becky which included markers and signs to make and post in Bill and Betsy Lawson’s yard. As the story goes Tuga Adams and her husband along with the Pearsons and the Carters made a series of signs to be placed in the Lawson’s yard as retaliation for Bill Lawson handing out kittens as treats for Halloween to their children- that of course wanted to keep the precious kittens. “Suitable for Massage Parlor” and “Any off er Accepted” are examples of the sign content. Th e signs would mysteriously appear one at the time. Mr. Lawson never commented, but would remove the sign knowing full well its origin.In 2001, Becky Carter was presented with the Allen H. Sims Award from the Community Foundation. In appreciation for the many facets of her life and service, she was presented also with a broom, representing her work with Keep Gastonia Beautiful, an arm cast, representing the fall she took while working with Habitat, a fl owering bush for her support of the Daniel Stowe Botanical Garden and an oversize dollar bill to denote her service to the Foundation in stewarding philan-thropic monies. Th ere were lots of laughs that night and fond memories shared to honor a lady that gave so much to so many.As the Community Foundation of Gaston County continues to thrive due to the generosity of this caring community, we pause to remember and honor the life and many contributions of Becky Carter. Th rough her humor, intellect and willing-ness to serve, she continues in our memory and when we think of her, we smile.


2012 Board of Directors

2012 Offi cersPresidentW. Alex Hall, Jr.

Vice PresidentDr. Richard E. Rankin, Jr.

Secretary / TreasurerSusan B. Lewis

2012 Board MembersRobert H. BlalockSusan BriggsMerryman CasselsTom D. Efi rdDr. Herman GoreTitus W. GreeneJanet A. JacksonDr. Philip LeoneSteven D. LongGene R. Matthews IIArthur R. Newcombe IVHeather Hodde NigborKim S. PriceDavid R. RatchfordMarshall A. RauchSally M. RobinsonDr. Edward D. SadlerJulia M. ShovelinT.J. Solomon IIWilliam W. ToolePamela K. Warlick

Staff Execuive DirectorErnest W. Sumner

Financial CoordinatorLynnelle H. Dobbins

Program CoordinatorLeeAnn H. Harris

Donor DevelopmentJanet D. Spencer

Administrative Assisant / Grants Coordinator 2012Erin O. Welsch

Administrative Assisant / Grants Coordinator 2013Elizabeth A. Biggerstaff

Back Row: Mr. T. Solomon, Dr. E. Sadler, Mr. R. Blalock, Dr. R. Rankin, Mr. A. Newcombe, Mr. G. MatthewsMiddle Row: Mr. K. Price, Ms. M. Cassels, Mr. A. Hall, Mr. M. Rauch, Mr. S. LongSeated: Dr. H. Gore, Ms. S. Robinson, Mr. T. Greene, Ms. H. NigborNot Pictured: Ms. S. Briggs, Mr. T. Efi rd, Ms. J. Jackson, Dr. P. Leone, Ms. S. Lewis, Mr. D. Ratchford, Ms. J. Shovelin, Mr. W. Toole, Ms. P. Warlick


For Years Ended December 31

Statement of Financial Condition 2012 2011 (Restated) Assets Cash $612,969 $705,328 Prepaid Expenses $16,435 $13,828 Investments $58,733,693 $53,831,771 Other Assets $811,045 $799,187 Total Assets $60,174,142 $55,350,114 Liabilities Grants Payable $230,200 $233,975 Accrued Expenses $1,600 $1,469 Funds held for the benefi t of others $15,429,228 $14,411,394 Annuities payable $2,332,384 $2,271,635 Annuity remainder payable $99,227 $92,831 Total Liabilities $18,092,639 $17,011,304 Net Assets Unrestricted $13,458,138 $12,211,953 Temporarily restricted $18,462,667 $16,333,532 Permanently restricted $10,160,698 $9,793,325 Total Net Assets $42,081,503 $38,338,810 Total Liabilities and Assets $60,174,142 $55,350,114 Statement of Revenues, Grants and Expenses Revenues and other support Contributions $3,525,376 $2,893,150 Administration fee income $111,975 $107,942 Investment Return $3,805,870 $(44,979) Rental Income, net of distributions $48,860 $13,128 Increase (decrease) in cash surrender $18,582 $(15,646) Increase in value of charitable remainder trusts $91,151 $(127,431) Loss on disposition of property and equipment - - Total Revenues and other support $7,601,814 $2,826,164 Expenses Grants $3,300,058 $2,853,137 Management Fees $39,001 $34,363Administrative $520,062 $528,920 Total expenses $3,859,121 $3,416,420 Change in net assets $3,742,693 $(590,256) Net assets at the beginning of year $38,338,810 $38,929,066 Net assets at the end of year $42,081,503 $38,338,810 Historic Financials Total Contributions since inception $100,541,987 $97,016,611 Total Grants since inception $69,927,104 $66,487,046

Administrative Expenses for year as a percent of assets .86% 1.0%

Summarized Financial Data


Investment Milestones

Over the past year your Investment Committee has continued on the same conservative path established in 2011. Th is approach is to provide protection against downside risks yet participate in market gains. As a result of this prudent position, performance of our main investment Fund was 10.3%. As you will note on the Asset Allocation graph, our investments were divided into seven major asset categories. Th ese categories utilized twenty-seven separate investment funds. Your Investment Committee along with our advisors Deutsche Bank Alex. Brown will continue to monitor market conditions, individual fund performance and actively manage change as needed.

Audited fi nancial statements as reported by Cherry Bekaert Certi-fi ed Public Accountants, and IRS Form 990 are available for review during normal business hours at the Foundation offi ce located at 1201 East Garrison Blvd., Gastonia, NC 28052.

Fixed Income, 34.24%

Large Cap US Equity, 20.86%

Absolute Return, 15.18%

International Equity, 9.97%

Multi-Asset/Alternative,

9.76%

Small/Mid Cap Equity, 7.57%

Private Equity/Real

Assets, 2.42%

2012 Asset Allocation

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10%

15%

20%

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30%

2012 Unrestricted Grants by Category

Community Foundation of Gaston County, Inc.1201 E. Garrison Blvd., Gastonia, NC 28054 (street address)

P.O. Box 123, Gastonia, NC 28053 (mailing address) Phone: 704-864-0927 Fax: 704-869-0222 www.cfgaston.org

Community Foundation of Gaston County, Inc.PO Box 123Gastonia, NC 28053

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