Chambers Family Fund
Chambers Family Fund Foundation, creating women's funds foundations, children early care and education, systems change, Merle Chambers, Denver Colorado, Chambers Center for the Advancement of Women, economic self-sufficiency, democratic values, funding for women and girls, philanthropy
 

 

2009 Annual Report

  2009 Annual Report
Chambers Family Fund 2009 Annual Report

Our 2009 Annual Report includes information on:

Grantees

Highlights

Financial Overview

2009 Annual Report Grantees


2009 Grant Distribution


EARLY CARE AND EDUCATION OF CHILDREN

Clayton Early Learning
Construction of the Clayton Educare Center, a high quality, birth to five child care and early education center on the Clayton Campus (Multi-Year Capital Support)

 


$200,000

Colorado Children's Campaign
Improvement of outcomes for Colorado's children and families in the areas of education, child health and youth initiatives (General Support)

 


$75,000

Qualistar Early Learning
Expanding the quality improvement rating system that measures and improves early care and education in Colorado (General Support)


$25,000


WOMEN’S ECONOMIC SELF-SUFFICIENCY

Colorado Center on Law and Policy
Support for a second update to the Colorado Self-Sufficiency Standard and to develop a statewide marketing and messaging plan for the Colorado Self-Sufficiency Calculator (Multi-Year Project Support)

 


$50,000

Global Fund for Women
International grants for women's groups that increase girls' access to education and advocate for and defend women's human rights around the world (General Support)

 


$10,000

 

Women's Funding Network
Women Moving Millions, an initiative to cultivate new million dollar donors to women's funds (Multi-Year Project Support)

 


$75,000

Women's Funds Initiative
Endowment challenge gifts, re-granting funds and operating support to expand women’s philanthropy and provide a permanent resource for women and girls in the states where the Chambers family’s oil business operated

 

 

North Dakota Women's Network

 

$40,000

Women’s Foundation of Montana

 

$25,000

Women’s Foundation of Oklahoma

 

$25,000

Women's Fund of Fargo-Moorhead

 

$75,000

Women's Fund of Grand Forks, East Grand Forks & Region

 

$37,576

Wyoming Women's Foundation

$25,000


JUSTICE, EQUALITY AND OPPORTUNITY

The Bell Policy Center
Public education, nonpartisan research and policy development to create opportunities for individuals and families to move toward self-sufficiency (Multi-Year General Support)

 


$170,000

Colorado C3 Roundtable
Coordination of civic engagement work among Colorado nonprofit organizations through strategic communication, collection of data and voter education projects (General Support)

 


$10,000

NARAL Pro-Choice Colorado Foundation
Public education and community organizing projects that promote access to reproductive rights and health care in Colorado (General Support)

 


$10,000

Planned Parenthood of the Rocky Mountains
Challenge grant for construction of a new high quality reproductive health care and community education facility in a broadly accessible location in Denver (Multi-Year Capital Support)

Comprehensive reproductive and complementary health care services, advocacy and educational programs in the Rocky Mountain region (General Support)

 


$177,500

 

$10,000

Political Research Associates
Progressive thinking, action and support of movements that build a more inclusive and democratic society through research, analysis and referrals (General Support)


$10,000


KIRKLAND MUSEUM OF FINE & DECORATIVE ART

Funding for Kirkland Museum of Fine & Decorative Art is the principal focus of Chambers Family Fund's Arts and Culture program area.

The museum and its nationally important display of 20th-Century decorative arts, Colorado art history and artists and retrospective of Vance Kirkland (General Support)

$819,000

Final payment for a grant to purchase property adjacent to the museum for parking and possible future expansion (Capital Support)

$245,000


ARTS AND CULTURE

City and County of Denver
Construction of the Ellie Caulkins Opera House at Quigg Newton Denver Municipal Auditorium (Multi-Year Capital Support)

 


$200,000

Clyfford Still Museum
A payment on a multi-year grant for construction of the Clyfford Still Museum  (Multi-Year Capital Support)

 


$50,000

Colorado Ballet
Superior quality classical ballet and innovative dance through performances, training and education programs that enhance the cultural life of the community (General Support)

 


$15,000

 

Colorado Symphony Association
Quality musical performances and programs that contribute to the cultural vitality of Colorado (General Support)

 


$15,000

Denver Art Museum
Collectors' Choice event (General Support)

 


$10,000

Music Associates of Aspen
World class music education and performances presented by this internationally renowned classical music festival and school (General Support)

 


$11,000

Opera Colorado
Promotion of opera to a wide audience through educational and cultural activities that create passion and excitement for the art of grand opera (General Support)

$80,000


COMMUNITY SUPPORT

FAITH

 

Christ Episcopal Church of Aspen
Renovation and upgrade of the facilities to enhance the church's capacity to carry out its mission to serve the community and minister to people in need (Multi-Year Capital Support)

 


$50,000

St. John's Cathedral
Leadership and resources for the church and its outreach to the surrounding community (General Support)


$50,000


Grants Under $10,000

$47,816

Events

$13,675

Matching Gifts

$2,795

Memberships and Affiliations

$5,445

 

 

TOTAL 2009 GRANTS

$2,664,807

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2009 Annual Report Highlights

2009 Annual Report Highlights
When the economic downturn led to a decrease in the endowment, Chambers Family Fund (the foundation) had prior grant commitments that far exceeded its required 2009 payout. The board of directors decided to limit new grant commitments, focus on strategic planning, provide technical assistance to grantee partners and, most importantly, fund grant commitments made in previous years.

As part of the foundation’s strategic planning process, we looked back at past Chambers Family Fund grant outcomes. The most effective grantmaking strategies have been internally initiated grants and consistent funding for major initiatives or programs. Grants of $25,000 or more make up a significant portion, $23.5 million, of the foundation’s $28 million in contributions over the past 12 years.

Chambers Family Fund invested nearly $3.5 million in women’s funds that it launched in Wyoming, Montana and Oklahoma. This investment leveraged nearly $2 million in contributions from others in these three states. In 2009, the women’s funds focused on policy change. The Women’s Foundation of Montana led a payday lending reform effort that may result in a ballot initiative in 2010 that could cap the annual interest rate on such loans at 36 percent. The Women’s Foundation of Oklahoma partnered with the Oklahoma College of Continuing Education, Oklahoma Women’s Coalition and Smart Start Oklahoma to collect data and recommend an action plan to increase continuing education outcomes for low income single mothers. The absence of affordable quality child care in Wyoming forces mothers to accept lower paying part-time jobs and negatively impacts the gender wage gap, the largest in the nation. The Wyoming Women’s Foundation has launched an educational campaign for greater access to child care to improve the economy and women’s economic self-sufficiency.

Expanding on Chambers Family Fund’s initiative to create women’s funds, the foundation made the first capacity building grant to establish Women Moving Millions, an initiative of the Women’s Funding Network. The intent of the initiative was to encourage individual women to make $1 million contributions to women’s foundations, with the ultimate goal of raising $150 million for women’s foundations. Our early and significant investment provided operating support for this successful initiative and, by the end of 2009, the campaign had raised $186 million for women’s funds.

Kirkland Museum of Fine & Decorative Art, a unique nationally recognized museum, has been a priority of Chambers Family Fund for several years. In addition to operating support, in 2009 the foundation provided capital funding to purchase an adjoining property for additional parking space. The foundation’s funding enabled Kirkland Museum to better serve academia and visitors, making the museum more accessible for scholarly examination and for the general public. In addition to Vance Kirkland, the museum showcases the work of other Colorado artists, thereby enhancing significant Colorado art history.

The foundation’s original multi-year grant of $250,000 to the Clyfford Still Museum was restricted to an endowment to support and sustain the institution long term. After the economic downturn, the museum needed additional capital support. In keeping with the foundation’s desire to serve an organization’s greatest need, we re-designated our grant to the capital campaign. The new Clyfford Still Museum will open in the Fall of 2011.

Several years ago, the foundation helped revive the Colorado affiliate of NARAL at a critical time in its development. By 2009, Colorado NARAL was one of the strongest NARAL Pro-Choice of America affiliates in the country. Its Prevention First Colorado initiative, for which Chambers Family Fund provided start-up support, researched and developed policy recommendations to reduce unintended pregnancy in Colorado. Prevention First Colorado is one of the leading pregnancy prevention collaboratives in the country and national organizations are considering this initiative as a model for pregnancy prevention.

Chambers Family Fund continued its major funding and direct support of The Bell Policy Center in 2009. The fiscal challenges facing Colorado were a primary objective of the Bell’s public education and communication efforts. The Bell Policy Center formed a collaborative partnership with Colorado Children’s Campaign and Colorado Center on Law and Policy, also Chambers Family Fund grantees, to launch the Looking Forward Initiative. This effort educates the public and builds nonprofit coalitions to address the fiscal challenges in Colorado.

Chambers Family Fund has supported Qualistar, Colorado Children’s Campaign, Clayton Early Learning and the State of Colorado with the intent of changing systems to advance the early care and education of children. This year was the culmination of more than a decade of investment. There has been significant progress, including a framework for systems change, planning for an Early Childhood Commission and expansion of Early Childhood Councils throughout the state.

Clayton Foundation has a new name, Clayton Early Learning, and with funding for technical assistance from Chambers Family Fund, a new website that reflects its focus on the education of children. With lead funding from Chambers Family Fund, the Clayton Educare Center opened in September 2007. After two years in the new child care center, Clayton Educare Center conducted a school readiness evaluation in partnership with the evaluation of five Educare sites in Illinois, Nebraska, Oklahoma, Wisconsin and Colorado. The evaluation results from all five states showed that Educare’s nationally recognized model increases readiness for kindergarten.

Chambers Family Fund is interested in making a difference at the broad, systemic level and the impact of many of these nonprofit organizations on policy and systems will expand opportunities for the communities they serve and for future generations.

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2009 Annual Report Financial Overview


Assets and Net Assets – Income Tax Basis
As of November 30, 2009

ASSETS      
Cash and Cash Equivalents   $ 6,531,192
Investments at Cost
  $ 37,014,336
Leasehold Deposit   $ 3,597
       
TOTAL ASSETS
  $ 43,549,125
       
UNRESTRICTED NET ASSETS
  $ 43,549,125
       
FAIR MARKET VALUE OF ASSETS
  $ 54,581,716


Revenue Collected, Expenditures Made,
and Changes in Net Assets – Income Tax Basis
For the Year Ended November 30, 2009

REVENUES
  $ 3,098,963
       
EXPENDITURES
     
Grants Paid
$ 2,664,807    
Direct Charitable Programs
$     66,106    
Grant Administration $   161,104    
General and Administrative $   206,735    
Investment Expense $   142,242    
Excise Taxes $   (12,278)    
       
TOTAL EXPENDITURES   $ 3,228,716
       
EXCESS OF EXPENDITURES MADE
OVER REVENUE COLLECTED
$ (129,753)


Our 2009 Grant Distributions

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