Strategic Initiatives, 2019 - 2023
For the Community
Focus grantmaking on the most urgent needs in three critical areas - our people, our heritage and our environment;
Expand grantmaking capacity through donor advised fund allocations and planned giving options;
Expand unrestricted grantmaking capacity by developing the County Funds in each of the five Mid-Shore Counties.
Engage our nonprofits and regional family foundations in collaborative efforts to address areas of critical need;
Join with the Community Foundation of the Eastern Shore to leverage resources on shared community challenges.
For Mid-Shore Nonprofits
Host two workshops per year for area nonprofits – focusing on governance, fund development and operational efficiency.
Develop tools to strengthen communication;
Promote our nonprofits to our donors and throughout the community.
Expand collaboration with area nonprofits - focusing on Charitable Gift Annuities.
For the Foundation
Continue to expand the Board to achieve diversity geographically, in areas of expertise, gender, race and ethnicity.
Educate, encourage and engage advisors as advocates for their communities and as ambassadors for the Foundation.
Achieve target investment performance in support of the Spending Policy;
Diversify sources of operating revenue – Operating Endowment and County Funds;
Further develop assets to generate revenue and to achieve an operating surplus.
Visibility of the Foundation
Use multiple venues for promotion – electronic, print and networking strategies.
Invest in technology to enhance productivity;
Keep operating expenses, as a percentage of assets, below average for community foundations of comparable asset size;
Implement job enrichment strategies for associates.
Maintain this historic asset for the community;
Generate revenue to cover operating expenses and capital expenses for the Bullitt House;
Conduct inspections to ascertain future maintenance expenses.