2015 Annual Report
What do you love most about the greater Wausau area? Many of the activities and opportunities that make this a virbrant "community in action" are made possible by you - our Foundation donors - and the organization whose work is supported through your generosity. Together, we are enhancing the quality of life for those who live in, work in, and love north central Wisconsin.
An extraordinary gift
Our capacity to enrich life for present and future generations increased greatly in 2015 when we received the single largest gift in our 28-year history. It denotes the extraordinary level of trust and confidence donors have in the Foundation's ability to be diligent stewards not only of your gifts, but also of your vision for a thriving, more livable community. We are truly honored.
Weathering a challenging market
market conditions this year have been challenging for investors, the Foundation has sought to maximize gains and minimize losses by adhering to the discipline of our diversified investment policy and by working closely with our investment management consulting firm. Our Investment Committee and board of directors remain vigilant in monitoring the assets that you entrust to us.
Your gifts in action
Since being established in 1987, your Community Foundation has invested more than $70 million back into the greater Wausau area through grants supporting the arts, health and human services, resource preservation, and education, including nearly $2.5 million in scholarships benefiting 2,200 students.
We are pleased to report the following accomplishments in 2015:
- Administered $45 million in assets
- Received nearly $7 million in charitable gifts
- Worked with donors to create 17 new funds
- Administered a total of 359 funds
- Invested nearly $4 million back into the communities we serve, including more than $250,000 in scholarships, and $400,000 in Community Enhancement Grants
In the following pages we present our financial record and share some of our 2015 granting accomplishments. Thank you for making them possible!
Jamie C. Schaefer
Jean C. Tehan