Annual Report 2010-2011

onnecting our community through giving

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I was in the grocery store the other day and a woman I didn’t know stopped me and said,”Thank you.” As I tried to figure out

what I had done, she told me about her granddaughter and the confidence she developed as a result of her participation in a soccer program that The Watertown Foundation supports. As I drove home, I remembered other times when people have thanked me for the good things that the Foundation does in our community. There have been many.

So, as I end my term as president of The Watertown Foundation, I say,”Thank you” to all of you. It is because of your support

and generosity to the Foundation that we are able to build confidence in a young child, help our churches and our schools with needed assistance, provide scholarships to local students, support environmental efforts, and do all that we can to make our community a good place to live. As you read the statistics in this annual report you will see the continued giving that we are able to do because of your support. We can be generous because you are generous to us.

A very sincere thank you to our trustees and our administrator. They have all worked hard to insure that we are better

positioned for the future, that policies and practices are in place that achieve growth in memberships and funds and thus increased giving to the community. I thank them in advance for the work that we anticipate as a result of strategic planning done earlier this fall. They are dedicated to our community, they are dedicated to our Foundation. Good things just don’t happen, people make them happen and our trustees are making good things happen in our community.

As we begin our 87th year, we look forward to continuing the mission that our Founders envisioned. We have been

entrusted to follow in their footsteps, to further the growth of The Watertown Foundation and to better meet the needs of our town. Under the leadership of Bill Dunbar, our Foundation will flourish. A caring and philanthropic man, Bill is very aware of the needs in our town and will be sure that our Foundation continues to grow and support our community. I pledge my support to Bill in his tenure as the new president of The Watertown Foundation. I hope you will all join Bill with your support as we continue “Connecting our Community through Giving”.

My Thanks and Best Wishes to you all,

Susan C. Atkins

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Watertown Foundation

Post Office Box 117Watertown, CT 06795

Dear Members and Friends:

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Statement of Financial PositionW

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Year endingAugust 31, 2011

Revenue Member and Friend Contributions $35,965 $50,853 New Member Dues $950 $1,100 Events $4,670 $2,450 Interest and Dividends $45,323 $27,679 Realized Gains on Sale of Securities $91,130 $54,925 Unrealized Appreciation of Securities $161,496 $22,552Total Revenue $339,534 $159,559

Expenditures Grants $92,174 $75,461 Scholarships $20,000 $20,000 Investment Management Fees $17,245 $13,591 Events $7,568 $3,306 Administrative and Fundraising $11,975 $16,891 Administrative $12,000 $12,000Total Expenditures $153,394 $141,249

Net Results for the Year $186,140 $18,310Net Assets - Beginning $2,059,874 $2,041,564Net Assets – Ending $2,246,014 $2,059,874

Year endingAugust 31, 2010

Com

mitte

esCommittees 2010-2011

The Finance Committee is charged with directing the Foundation’s investment policy, selecting its investment manager(s) and overseeing the invested funds. The Foundation’s investments are professionally managed by the investment firm of Beck, Mack and Oliver, a New York investment firm. The Committee is also responsible for suggesting to the Trustees the Foundation’s annual spending for grants and scholarships based on the organization’s Investment Policy Statement.

James S. Zoldy, Jr. ChairmanLeslie BlackRichard C. BozzutoRobert CampbellWilliam DunbarBradford EricksonJoseph KinsellaHenry L. Long, Jr.Richard H. Wick

Financial assistance applications from non-profit community organizations for Non-Recurring Capital Improvement Grants are considered annually by the Grants Committee. Proposed capital expenditures must conform to the Foundation By-Law requirements that it be for charitable, educational, literary, scientific, historical or religious purposes. Application deadline is August 15 and awards are announced in September.

Robert Campbell, ChairmanSusan AtkinsRichard C. BozzutoMargaret DurkeeGreg GaberMarcia KilleenPaula LabonteHenry L. Long, Jr.

Scholarships to graduating high school seniors living in Watertown are awarded annually. Applications are reviewed by this committee and awards are based on the committee’s judgment of the applicant’s submitted application information. Application deadline is April 1; committee deliberations are in May; and awards are made in early June.

Linda Merriman, ChairmanKaren Baldwin, Superintendent of SchoolsRev. Robert CronkMargaret CzarstyJack DeWitt, HonoraryDiane JohnsonMary D. Smith, M.D., HonoraryJulie Sutton

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Scholarships

Grants

Finance

(Continued)

The Membership and Development Committee is challenged to spread the word of the good works of the Watertown Foundation. Increasing membership and financial support are the challenges of this committee, and several activities are scheduled annually to accomplish these goals.

William Dunbar, ChairmanSusan AtkinsCarol GilbertPaula LabonteHenry L. Long, Jr.Pamela StanleyJames S. Zoldy, Jr.

Volunteers have kept the Watertown Foundation viable for almost a century. The Nominating Committee is charged to encourage members to actively participate in the work of the Foundation committees.

Henry L. Long, Jr., ChairmanRobert Campbell

Membership and Development

Nominating

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2010 - 2011

Past Presidents

2011 - 2012President Susan AtkinsVice President William DunbarSecretary Paul JessellTreasurer Lori Bonaldi, CPAAssistant Treasurer Henry L. Long, Jr.TrusteesTerm Ending 2011 Paul Jessell Joseph Kinsella James S. Zoldy, Jr.Term Ending 2012 Susan Atkins Paula Labonte Henry L. Long, Jr.Term Ending 2013 Lori Bonaldi Ted Heavenrich Diane JohnsonTerm Ending 2014 Robert Campbell William Dunbar Bradford EricksonTerm Ending 2015 Greg Gaber Linda Merriman Margaret LongAdministrator James Maxwell, Ed.D.

David Woodward 1925Harley F. Roberts 1926William J. Munson 1927Dr. M. Heminway Merriman 1930Harry H. Heminway 1932Charles S. Hungerford 1934Fletcher W. Judson 1936S. Kellogg Plume 1938Alexander J. Campbell 1940Paul Cruikshank 1942Arthur P. Hickcox 1943Merritt W. Atwood 1945Gerald C. Low 1946Adrian V. S .Lindsley 1947Thayer Baldwin 1949F. Stillman Hyde 1951Dr. J. H. Root, Jr. 1954John N. Carley 1956John T. Reardon 1958Earle W. Couch 1960Wooster B. Curtiss 1962Harold H. Smith 1964Charles S. Hungerford, Jr. 1966

Heminway Merriman 1968Wilbur H. Caney 1970E. Edward Thompson 1972John H. S. Candee 1974Mabelle Camp 1976John H. Cassidy, Jr. 1977John S. Brady 1979William H. Eppehimer 1981Carol Gilbert 1983Joseph E. Horzepa 1985Roberta Czarsty 1987Henry Long, Jr. 1989Barbara W. Mahoney 1991Carey R. Geghan 1993Richard Bozzuto 1995Roger A. Chace 1997Dwight F. Miller, M.D. 1999Stedman G. Sweet 2001Robert H. LaBonne, Sr. 2003Richard H. Wick 2005James S. Zoldy, Jr. 2007Susan Atkins 2009

President - elect William DunbarVice President- elect Paul JessellSecretary- elect Paula LabonteTreasurer- elect Lori Bonaldi, CPAAssistant Treasurer- elect Henry L. Long, Jr.TrusteesTerm Ending 2012 Susan Atkins Paula Labonte Henry L. Long, Jr.Term Ending 2013 Lori Bonaldi Ted Heavenrich Diane JohnsonTerm Ending 2014 Robert Campbell William Dunbar Bradford EricksonTerm Ending 2015 Greg Gaber Linda Merriman Margaret LongTerm Ending 2016- elect Paul Jessell Joseph Kinsella James S. Zoldy, Jr.Administrator James Maxwell, Ed.D.

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1925 Watertown Foundation is incorporated by 50 members

1926 David Woodward starts Student Loan program with donation of $5,000

Mortgage loans at low interest made to local people

1927 Bank account overdrawn $41.00

1929 $750 awarded to charitable organizations

$1000 provided for General Relief

1934 $1,700 awarded to non-profit organizations

1935 $1000 provided for General Relief

1938 $1,100 awarded to non-profit organizations

1941 $1,600 awarded to non-profit organizations

Awards of $50 each to Taft School and Watertown High School students for essay

Mrs. Ottley declined election as Vice President because it involved finances, which would be “better

performed by a man”.

Foundation paid town taxes for a town employee who was ill.

1942 $1500 awarded to non-profit organizations

Scovill and Merriman families gave Community House (building that currently houses Country

Cinema, etc.) to Foundation

1943 $6,300 invested in Government Bonds at 7.5% interest

$1200 awarded to non-profit organizations

1948 Monthly rents increased for Community House tenants (Curley’s Confectionary, $65; Colonial Restaurant, $100)

1949 Community House could not be used or sold where alcohol was served; sold to Cameo Theatre for $60,000.

1950 $1,800 donated to Waterbury Hospital for a room, payable over three years

1952 $1,900 awarded in grants

1953 $2,400 awarded in grants

1954 $6,300 awarded in grants

1955 Juvenile Delinquency Committee dissolved as this was not considered to be a problem in Watertown.

1956 Took $12,000 mortgage on Tennis Club

1957 $10,000 pledged over three years for new library

Fletcher Judson left $70,000 to Foundation, reduced to $45,000 after Federal taxes

1959 $8,875 awarded in grants

1960 First glossy brochure printed

1965 $8300 in awarded in grants

1970 $11,000 awarded in grants

Upper Guernseytown Pipe Band gave $1,000 to the Foundation – the only grant recipient to pay back its award

1974 Bequest of $10,000 from Mrs. Ottley

1975 $12,000 awarded in grants

1976 Mabelle Camp first woman elected as President

1977 Endowment totaled $175,000

1978 Bequest of $100,000 from Marigold Spencer

1980 $12,000 awarded in grants and $3,100 in scholarships

1988 $28,720 awarded in grants and scholarships; $84,000 in student loans not repaid

1991 Special award of $10,000 to reimburse Watertown High School student athletes for “Pay for Play”

Eighty-six years of giving

(Continued)

Watertown Foundation

1993 Katie DeWitt established Katie and Reinhold DeWitt Scholarship and Educational Enrichment Gift Fund

with endowment of $160,966

Campaign to establish named trusts by individuals and businesses

1994 Barbara (Bobbie) Mahoney hired as first part-time administrator

1997 Party recognizing new members and seven Corporate Sponsors who pledged $25,000 each

2000 Celebrated Seventy-fifth Anniversary with a Pops Concert by the Waterbury Symphony Orchestra

attended by 1,000 residents

2001 Named Trusts reach $449,981

2004 Barbara Mahoney retired as administrator; James Maxwell hired as administrator

Member contributions of $19,745 received

2006 Fletcher Judson Trust dissolved with Watertown Foundation and Connecticut Community Foundation

each receiving $123,218

Merilee Chamberlain gave $10,000 in memory of Gay H. Jackson

2007 Crystal Lukowski Memorial Scholarship created with gift from her grandmother, Helen Lukowski

Membership increased 10% to 432 members; endowment reaches $2,961,941;

Grants and Scholarships total $104,764

2008 Sidni K. Undercuffler Memorial Trust Fund created to promote conservation, preservation,

and the management of our natural resources. This fund was made possible through the generosity

of Edwin Undercuffler.

The Watertown Foundation nominated VNA Health-at-Home for a grant from the Connecticut Health and

Education funding Authority (CHEFA). The grant was awarded by CHEFA for $75,000, the largest

grant ever received by VNA Health-at-Home.

2009 Watertown Public School Educators Memorial Trust Fund created

Business Trust Fund levels created: Wooster Society: $5,000 or more (region’s maiden name circa 1674;

first house built 1700); Westbury Society: $2,500 or more; Watertown Society: up to

$2,500 (town name since 1780)

2010 Ricky Bozzuto Memorial Scholarship created with donations in Ricky’s memory

2011 Business Community Reception hosted to encourage financial support of the Foundation

Cablevision Services Corporation, Inc. the provider of Optimum broadband, video and voice services in

Watertown donates $4,000 for scholarships

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Year in Review

Watertown

Foundation

YearIn Review

Annual Report 2010-2011

Contributions Received Individual donors: $22,985 Business donors: $11,280

Financial Position Revenue: $339,534 Expenditures $153,394 Net assets: $2,246,014 Scholarships Awarded Seventeen scholarships: $20,000

Community Service Grants Awarded Fifty community service grants: $74,100 Sixteen New Individual Members Proposed Tina Agati Joseph Bernardi John Biello Lisa Cattaneo Tracey and Bob Colonair Lynn K. Curless Ronald Delaney III Bernie Dzinski Rob Graziano Rob Guerrera John F. Kasperzyk Jennifer and Jack Kennerson Grace Oates Joseph Polzella Julie Reiff George Zuraitis

New Business Members Proposed A & S Contractors LLC Bernardi Brothers’ Tree Service Cablevision Services Corporation Colonair Insurance Agency, LLC Dzinski Polzella, C.P.A., LLC G & W Management Garassino Excavating Litchfield Bancorp Watertown Animal Hospital Staywell Health Center Water Systems Specialties, LLC Wells Fargo Bank - Main Street Store

Join Us! B

ecome A M

ember

(Continued)

Help continue the Watertown Foundation’s legacy of support for the many special qualities that make Watertown an extraordinary community. Membership in the Watertown Foundation is open to the public. The contribution for membership is $200, payable in four annual installments of $50 or one $200 payment.

A donor may support the Foundation’s continuing work with an unrestricted gift of any amount. Our donors are individuals, families, businesses, and charitable organizations. Donors may give cash, stock, retirement assets, bequests and other planned gifts.

Designating the Watertown Foundation as the recipient of a Memorial Donation continues the memory and spirit of a deceased family member or friend. In Honor Of gifts for living relatives or friends in lieu of holiday or birthday gifts can celebrate the event in a meaningful way. Memorial Donations and In Honor Of donations are received throughout the year. Acknowledgement is sent to the donor and a complete listing of gifts is sent to the family or party.

The Foundation’s assets are professionally managed with oversight by the Finance Committee and Board of Trustees. There is no cost to establish a Trust Fund. Simply complete the information requested on the membership contribution envelope and mail with your tax-deductible membership check directly to the Watertown Foundation, P.O. Box 117, Watertown, CT 06795. A confirmation of your gift will be mailed to you.

Trust Funds

A Trust Fund in the Watertown Foundation provides the opportunity for individuals or corporations to

provide a permanent legacy in our community. Trust Funds create permanent endowment funds that steadily grow in value over time and produce income for academic scholarships to individuals and grants to local charitable nonprofit organizations.

The Foundation requires a minimum of $5,000 to establish a Trust Fund. This gift may be given as a lump sum or over a period of five years. Donors may also leave charitable assets upon their death in the form of a bequest in a will or trust, retirement plan designations, or beneficiary designation in a life insurance policy. The Watertown Foundation will create a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose. You receive tax benefits in the year your gift is made. Your gift will be placed into an endowment fund that is invested over time, and earnings from the fund are used to make grants addressing community needs. Your gift, and all future earnings from your gift, will provide support for scholarships and organizations helping people and programs in perpetuity.

Distribution from Named Trust Funds

Each year the Board of Trustees establishes the amounts to be awarded in scholarships and grants, based on the endowment’s market value and the success of its investments. This distribution policy strives to maintain the “purchasing power” of the funds over the long term to protect against inflation so that today’s assets are not diminished in the future. The Board does not assess fees in the administration of Trust Funds or in the awarding of grants or scholarships.

Join Us! Become A Member

ScholarshipsNamed scholarships may be created with a minimum gift of $25,000. Scholarships may be designated for study in broadly defined areas such as medicine and health careers, social service, business, engineering, and education. Criteria for selection are at the discretion of the Board of Trustees and are defined annually in the Watertown Foundation Scholarship Application. Recipients must be Watertown residents.

UnrestrictedThe principal of an unrestricted fund is invested and retained by the Watertown Foundation. Income from investments is pooled and is awarded annually to nonprofit community organizations by the Board of Trustees. An unrestricted fund provides the most flexibility to the Board to meet needs in our community.

Field Of Interest A Trust Fund may specify a particular field of interest such as the arts, youth athletics, education, social service, or the environment with a minimum gift of $50,000. The Board of Trustees selects projects within your field of interest and presents the award in the name of the Trust Fund.

Types of Funds

Tax-free contributions

The Watertown Foundation is a public charity. Donations to the Foundation qualify for the

maximum tax benefit allowable by law.

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ScholarshipsScholarships

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Reinhold and Katie DeWitt Scholarship - $2,000

Awarded on the basis of academic excellence, demonstrated sensitivity to the needs of others, and the ability to work cooperatively with those in need. This scholarship is not based on financial need.

Christine Petino, Watertown High School, will attend Keene State College in pursuit of a degree in mathematics.

Thomas Woermer, Watertown High School, will attend American University in pursuit of a degree in economics.

Ricky Bozzuto Memorial Scholarship - $1,000

Awarded to a graduating Watertown High School senior on the basis of academic excellence in the areas of mathematics, physical sciences and information technology. The recipient should have financial need. This scholarship is given in memory of a man devoted to scholarship, country, work, and especially his family.

Thomas Szarkowicz, Watertown High School, will attend University of Hartford to pursue an architecture degree.

Fletcher Judson Memorial Scholarship - $1,000Awarded to a graduating Watertown High School senior on the basis of academic excellence and exemplary community service.

Michael Lamy, Watertown High School, will attend Wesleyan University to pursue history and physics.

Guinea, Silks, Orsillo Scholarship - $1,000Awarded to two Watertown High School seniors in the top half of their graduating class, who have financial need, and have participated in Watertown High School’s sports programs as players, cheerleaders, or managers. This scholarship is in memory of three Watertown High School students.

Alyssa Brown, Watertown High School, will attend Southern Connecticut State University with an intended major of speech pathology.

Mitchell Kelly, Watertown High School, will attend Siena College with a major in mathematics.

Crystal Lukowski Memorial Scholarship - $1,000 Awarded to a Watertown High School senior intending to pursue a career in health, allied health, or medicine. This scholarship is given in memory of Crystal Lukowski, a special needs student, who graduated from WHS in 1994.

Meghan McFarland, Watertown High School, will enroll in the nursing program at the University of Connecticut.

Marigold Spencer Memorial Scholarship - $1,000Awarded to a Watertown High School senior who has contributed to the community through generous use of time, talents, and leadership. This scholarship is given in memory of a long-time Watertown resident who lived this same spirit of generosity.

Mary Masayda, Watertown High School, will attend Springfield College to pursue health science.

The Watertown Foundation provides scholarships to graduating high school seniors to assist them financially in achieving post-secondary education. Scholarship awards are

competitive and are based on information submitted on the application and the high school scholastic record, test scores, essays, extracurricular and community involvement, and financial information. Awards are the sole decision and responsibility of the Watertown Foundation Scholarship Committee and are based on the committee’s judgment of the applicant’s submitted application information. Application criteria include: residency in Oakville-Watertown for at least three years (regardless of the secondary school attended); academic merit, contributions to the applicant’s school and community, and financial need.

(Continued)

Cablevision Scholarship- $1,000Awarded on the basis of scholastic excellence in the areas of mathematics, sciences, and information technology.

Nathan Hoey, Watertown High School, will attend Fairfield University to pursue a degree in mathematics.

Christine Lacaria, Holy Cross High School, will attend SUNY New Paltz to pursue a degree in environmental science.

Watertown Foundation 4 year renewable Scholarship - $4,000Awarded in recognition of the contributions the student has made to the community and to the high school while maintaining a strong academic record. This $1,000 annual scholarship may be renewed three times.

Ashley Zuraitis, Watertown High School, will attend Rensselaer Polytechnic Institute with an intended major of chemical engineering.

Watertown Foundation Scholarships (non-renewable) - $1000Awarded in recognition of the contributions the student has made to the community and to the high school while maintaining a strong academic record.

Francis Atallah, Watertown High School, will attend University of Connecticut with an intended major of pre-medicine.

Kelly Hogan, Watertown High School, will attend Eastern Connecticut State University with an intended major of accounting.

Alexandria Malfitano, Watertown High School, will attend Drew University with an intended major of international studies.

Alexis Montagano, Watertown High School, will attend Southern Connecticut State University with an intended major of psychology.

Connor Prince, Holy Cross High School, will attend King’s College in the physician’s assistant program.

Martell Memorial Scholarship - $1,000Awarded to a student accepted, enrolled or eligible for entry into a technical, business, two-year or professional school (for example, LPN or hairdressing) that meets the approval of the Scholarship Committee.

Ashley Kloss, Watertown High School, will attend Springfield College to pursue a career in health, allied health or medicine.

Total Awarded: $20,000

Business C

ommunity Trust Funds

Wooster Society: $5,000 or more(Maiden name of region circa 1674; first house built 1700) Copes Rubbish Removal, Inc. $21,250 Eastern Awnings Systems $30,000 Engineered Sinterings and Plastic $6,500 PPG Industries for Keeler and Long, Inc. $25,000 Siemon Company Fund $22,233 Taft School $25,000 Thomaston Savings Bank $30,100 Watertown Plastics $25,000

Westbury Society: $2,500 or more(Region incorporated as the Society of Westbury in 1738) Cablevision Services Corporation $4,000

Watertown Society: up to $2,500(Town name since 1780) A & S Contractors LLC $250 Angels Watching Over You $200 Allstar Appliance $100 Baribault Oil Company, Inc. $100 Lori Bonaldi, C.P.A. $660 Bradshaw Motors (Charbonneau and Atkins families) $1,775 Brothers’ Tree Service $200 BTS Graphics and Printing $1,500 Colonair Insurance Agency, LLC $100 Dzinski Polzella, C.P.A., LLC $100 G & W Management $250 Garassino Excavating $100 Gar-San Corporation $100 Litchfield Bancorp $500 Raymond Jewelers $200 Staywell Health Center $100 Peter Germain Interiors $100 Water Systems Specialties, LLC $100 Watertown Animal Hospital $50 Watertown Fire Department $400 Wells Fargo Bank – Main Street Store $1,000

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Business Community Trust FundsPrincipal Contributed Through August 31, 2011

Individual and Buiness Community Trust Funds PrincipalContributed through August 31, 2011

$772,145

Donors, M

emorial Gifts &

Individual Trust Funds

Total Contributions Received 2010-2011 -- $22,985

Gifts of $5,000 and upEstate of Mabelle Camp

Gifts of $1,000 to $4,999Santina and Vincent Capece, Jr.Copes Rubbish RemovalHelen LukowskiHenry J. McGoughPatricia and Stedman SweetChristine and William Tolley

Gifts of $500 to $999Bernard BeauchampHeather and Roger ChaceRichard H. Dyer, Jr., M.D.Anne and Tony FitzgeraldNancy and Joseph KinsellaAndrew TolleyJared TolleyJacqueline and James S. Zoldy, Jr.

Gifts of $100 to $499Susan AtkinsElizabeth and Walter BarberJanette and Larry BlackLori Bonaldi, CPAAngela and Richard BozzutoElizabeth BozzutoBarbara BrooksGuy BuzzanncoSuzanne and Robert CampbellMargaret C. ChristophyJanet and Lynn DaytonJudy and Richard DaytonMagdalen and Kenneth DeRegoWilliam A. Donston IIJoan and William DowdMargaret and Henry DurkeeBernie Dzinski, CPACarey Geghan

Carol Gilbert and Dwight Miller, MDIngrid and Bradford EricksonGirls Rapids Oakville Watertown SoftballTed HeavenrichJennifer and Jack HoganDiane JohnsonJohn F. KasperzykCharles T. KelloggLinda and Edward LawsonLuciano Marini, D.M.D.Robert F. McCarthyJoseph McGrailRandall McHughJean and Charles McNair, Jr.Linda MerrimanFranklin G. PilicyVirginia PlumeJoseph PolzellaMary SilksSt. Mary Magdalen SchoolMary Jane and George Strobel, Sr.Elaine and Jack Traver, Sr.Edwin UndercufflerMarjorie Van LeuvanJudith and Richard WickGrete and Jan Wivestad

Gifts under $100Elaine AdamsHelene AgnewJoanne and Steven BartholomewWilliam W. Bassford, M.D.Virginia and Richard BottaVictoria BouffardSandra BrodenBetty and Charlie BrownRobert BuckinghamHylda and Michael Buckley, MDLoretta and Joseph CalabreseRocco CalabreseMargaret E. CampbellDeborah A. Weinberger and Thomas R. Candrick, Jr.

Kathleen and Michael ChapmanJudith and Gilbert ChristieSophie and George CoccoKelly and David CoelhoRobert ConnellyDAR - Trumbull-Porter ChapterRon DelaneyRichard DiMariaFrances C. EmanueleJoan FitzgeraldGregory GaberElizabeth and Douglas GeorgeThomas GerardeRuth K. GetsingerCassandra and Jan GuidessJennifer and John KenersonAnne and William KnoxRaymond KranwinkelPeter KrawchukDale L. KurtzPaula E. LabonteLadies Auxiliary VFW 7330Thomas A. Lambert, Sr.Betsy and James MaxwellMuriel and James McGowanWilliam NobleJoseph P. NolanPatricia and Gary O’BrienJohn J. OwenPatricia and George PettinicoSteven Price, D.V.M.Carolyn Stebbins RioloRobert D. SilvaLynn SilvermanTaft School Charity DriveSharon TrainorArline and Thomas TraverVan Akin FamilyWater-Oak Athletic ClubWoodbury Ambulance AssociationNancy and James ZawadzkiShirley and Daniel Zuraitis

(Continued)

Donors

Memorial GiftsIn Memory of Tess Beauchamp(Contribution to the Watertown Public School Educators Memorial Trust Fund)Bernard Beauchamp

In Memory of Ricky Bozzuto(Contributions to the Ricky Bozzuto Me-morial Scholarship Fund)Angela and Richard BozzutoElizabeth BozzutoRandall S. McHughAndrew TolleyJared TolleyChristine and William TolleySharon Trainor

In Memory of Mabelle CampBequest

In Memory of Jeffrey Allen ChaceHeather and Roger Chace

In Memory of David SilksFrances C. EmanueleJoan V. FitzgeraldCassandra and Jan GuidessRamon KranwinkelJohn J. Owens, Jr.Mary H. SilksThe Van Aken FamilyWoodbury Ambulance Association, Inc.Shirley and Daniel Zuraitis

In Memory of Crystal LukowskiHelen Lukowski

In Memory of Robert J. McGoughHenry J. McGough

In Memory of Jeannette and William MecabeAnne and William Knox

In Memory of Elizabeth NobleWilliam Noble

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Individual Trust Funds2010-2011 Contributions

Bernard BeauchampAngela and Richard BozzutoChristine and William BozzutoElizabeth BozzutoHeather and Roger ChaceCarey GeghanAnne and William KnoxHelen LukowskiHenry J. McGoughPatricia and Stedman SweetSharon TrainorEdwin UndercufflerMarjorie Van LeuvanJacqueline and James Zoldy

Individual Trust Funds

Individual Trust Funds – Principal contributed through August 31, 2010

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Alan Atwood $1,600Ricky Bozzuto Memorial Scholarship $26,145Jeffrey Allen Chace Memorial $5,100Roger Chace $1,550Florence Chase Bequest $5,728Mabelle Camp Bequest $5,000Concerned Citizens for the Preservation of Watertown $2,698Earle Couch Bequest $7,478Helen & John Crane Bequest $39,914Roberta and Joseph Czarsty, M.D. Memorial $4,675Reinhold and Katie DeWitt Educational Fund $168,016Raymond Donohoe $1,950Carey R. Geghan $6,120Gay H. Jackson Memorial $10,000Fletcher Judson $124,081LOFPC Memorial for Joseph Moody $3,573David and Judith Long $700Henry L. and Mary D. Long $13,170William and Ann Long $8,550Crystal Lukowski Memorial Scholarship $13,500Barbara Mahoney $1,490Joan Martell Memorial Scholarship * $25,000Robert J. McGough Memorial $3,000

William and Jeannette Mecabe Memorial $3,100Carol Gilbert and Dwight Miller $1,040John and Eileen Mills Memorial $990John and Carol B. Carroll Noyes $3,383John and Kathleen O’Neill, Jr. $7,700Julia A. Recker Bequest $25,000David Siemon Memorial $2,500Stedman and Patricia Sweet $9,265Sidni K. Undercuffler Memorial $65,300William Varno Memorial $1,025Laurence E. Wagner $5,950Watertown Public School Educators Memorial $3,335(Esther Baldwin, Tess Beauchamp, Charles Coor, Eleanor Curtis, Jeannete Mecabe, Carl E. Richmond, Ruth Richmond, Margery Rixford, Barbara Schuyler, Althea Sweeney, and William Varno)J. B. Woolson Bequest $10,728Jacqueline and James S. Zoldy, Jr. $6,500

* The Joan Martell Memorial Scholarship will terminate in 2040. Remaining funds with interest will be divided equally between the Watertown Foundation and the Watertown Volunteer Fire Department.

In memory of St. Joseph M. Nolan, U.S. Army(Sgt. Nolan died in Fallujah, Iraq on November 18, 2004)Joseph P. Nolan

In memory of Sidni K. Undercuffler(Contribution to the Sidni K. Undercuffler Memorial Trust)Edwin Undercuffler

In Memory of Watertown Public School Teachers(Contribution to the Watertown Public School Educators Memorial Trust Fund)Marjorie Van Leuvan

In Honor of Bill Dunbar on his birthdaySusan Atkins

Honorary Gifts