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1 Investment Committee Manager Performance 4th Qtr., 2015 Market - PDF document

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Grant Program Review Board of Directors Meeting March 1, 2016 Financial Overview Dec 31, 2015 Financial Statements 2/26/16 Balance Sheet Preliminary 2016 Budget Draft Audit Engagement Letter 2 BOD Meeting March 1, 2016

  1. Grant Program Review Board of Directors Meeting March 1, 2016 Financial Overview  Dec 31, 2015 Financial Statements  2/26/16 Balance Sheet  Preliminary 2016 Budget  Draft Audit  Engagement Letter 2 BOD Meeting March 1, 2016 Other Business  Medical Insurance 36 BOD Meeting March 1, 2016 1

  2. Investment Committee  Manager Performance  4th Qtr., 2015  Market Update 2016  Asset Allocation  Equity level, Income & Cash  Re-balancing update  New Ideas 35 BOD Meeting March 1, 2016 Program Agenda  Recap 2015 payout results and ten- year trend  Implications of 2016 budget to program areas  Program updates  Four grant proposals 5 BOD Meeting March 1, 2016 2015 was the first year in CFI history that Disabilities was the area of greatest payout, edging out Cancer Dollars in 000s Grants paid in 2015 $330 $23 $2,089 Cancer Rehab $1,528 Disabilities Entrepreneurship Public Affairs Giving Tuesday $35 $2,098 3 BOD Meeting March 1, 2016 2

  3. Ten year trends show transitions in grant area focus Note: Giving Tuesday reported as part of relevant focus area $4,000 $3,500 Entrep $3,000 Cancer and Rehab $2,500 Disabilities $2,000 Other $1,500 $1,000 $500 $- 4 BOD Meeting March 1, 2016 If all staff recommendations are approved today, about $1.2MM in payout would remain to be committed in ‘16 Cancer Rehab Disab Entrep Other Total Target $2,730 $130 $2,093 $1,365 $182 $6,500 Approved 2,360 20 1,247 490 15 4,132 To Go 370 110 846 875 245 2,368 March Reco 60 -- 615 500* -- 1,175 Remaining 310 110 231 375 245 1,193 “Pipeline” -- -- $ 1,200 $ 385 $73 $1,658 NA NA 19% 97% 336% 72% Budget % of pipe * Prospective Coleman Fellows awards 5 BOD Meeting March 1, 2016 Impact Plan - Entrepreneurship STRATEGIES IMMEDIATE OUTCOMES INTERMEDIATE OUTCOMES INTENDED IMPACT Fund efforts to improve academic 1 curriculums' ability to build core self- Entrepreneurship Faculty employment skills Business and Non-Business instructors will optimally employ curricular and co-curricular components to engage and support students Collegiate programs will: commit financial and Fund efforts to increase the quality and in their pursuit of self-employment frequency of experiential/co-curricular internal resources to promote E-ship as an interdisciplinary learning; sustain greater activities 2 external stakeholder engagement; link experiential opportunities to the curriculum, Emerging student entrepreneurs will employ student entrepreneurial portfolios experience richer experiential co-curricular Fund efforts to increase frequency and 3 Entrepreneurship Students activities over the course of their programs quality of interdisciplinary learning Aspiring entrepreneurs will have the motivation to act, have the right knowledge and have the opportunity to practice the right Fund efforts to increase stakeholder skills to apply to their business venture Youth Programs will: sustain greater external engagement stakeholder engagement; link experiential 4 opportunities to the curriculum; employ Emerging entrepreneurs will be successful at experiential portfolios starting and running businesses Explore efforts to develop "Portfolio" experiential approaches and link them directly to academic E-ship programs 5 Fund collaborative efforts between academic Academic and Community based accelerator Emerging entrepreneurs will have ready programs and community based accelerators programs will develop programmatic opportunities to participate in accelerators / collaborations continuing the pathway incubators as the next steps in their 6 and incubators concept development Definitions: Core skill development could include: Vision, Opportunity Recognition, Network and Team development, Financial Management, Marketing, Technology utilization, Sales, Leadership Experiential / Co-curricular activities: Direct quality time with Business owners, Mentorships, Internships, Incubation/Acceleration, Alumni engagement, Entrepreneurs-in-residence, Opportunities to practice applied skills Interdisciplinary: interdepartmental, cross campus student activity and faculty collaboration including Fellows models Stakeholders: faculty and administration, community supporters, practitioners, alumni Entrepreneurial portfolio: A proactively developed set of experiential learning opportunities that engage students with entrepreneurs and the self-employment experience which are linked to the curriculum as per attached example 9 BOD Meeting March 1, 2016 3

  4. Entrepreneurship Program Updates  SEA  DePaul  Northwestern 11 th Annual Entrepreneurship Law Conference  Millikin  NACCE 10 BOD Meeting March 1, 2016 Entrepreneurship Program Updates  Opportunites / Areas of Interest  High School Incubators  Community Incubators  Cal State Fresno 11 BOD Meeting March 1, 2016 Expiring Chair grants  St. Louis University  Dr. Jerry Katz is chairholder since 2005  California State University, Fresno  Dr. Timothy Stearns is chairholder since 1999  These chair grants have been continuously renewed with recent transitions towards Fellows Program activity  How do we address the expiration of these grants? 12 BOD Meeting March 1, 2016 4

  5. Fellows Program will continue into 2016-2017 academic year  $500,000 in grants and $150,000 in program support approved  Joe Roberts developing new program elements which include local entrepreneurs-in-residence  Expect that participants will include some but not all of existing 19 schools 13 BOD Meeting March 1, 2016 Impact Plan – Developmental Disabilities STRATEGIES IMMEDIATE OUTCOMES INTERMEDIATE OUTCOMES INTENDED IMPACT Fund grantees' ability to assess client residential and vocational 1 interests in light of the changing environment Vocational Individuals in the Chicago Individuals in the Chicago Fund efforts to expand job metropolitan area with 2 opportunities and prepare metropolitan area with developmental disabilities individuals for workplace success developmental disabilities have the opportunity to will experience a higher Fund efforts to increase self- identify from a variety of 3 employment quality of life and increased options the work that helps self-determination through Fund efforts to increase the supply them to be fulfilled and to of housing alternatives, including Grantees must discern the success in their work, 4 participate in the economy emerging models which allow for vocational and residential goals of comfort in their home and ownership by residents and other program participants and facilitate satisfaction across the parties their efforts to achieve them Residential varied stages of their lives Explore efforts to improve client Individuals in the Chicago health outcomes enabling them to metropolitan area with 5 reach vocational and residential developmental disabilities goals can choose from a varied Catalyze collaboration among and increasing set of 6 grantees options the residential Support grantees’ development of arrangement that gives non-governmental revenue streams them comfort and helps 7 them to be fulfilled 14 BOD Meeting March 1, 2016 Emerging opportunities for disabilities grantmaking in 2016 Advance an understanding of “Quality of Life” 1. Support transitions of sheltered workshops to 2. community-integrated & employment programs Create and renew residential environments 3. Improve direct care staffing 4. Mobilize individual philanthropic support 5. 15 BOD Meeting March 1, 2016 5

  6. These opportunities align with our disabilities Impact Plan Advance understanding 1. Intended Impact is 1. of “Quality of Life” “higher quality of Support transitions of life” 2. sheltered workshops to 2. Driven by explicit more community- goals of participants integrated & employment programs and funders Create and renew 3. 3. Outcome of residential environments “comfort” Improve direct care 4. 4. Fundamental issue staffing for providers Mobilize individual 5. philanthropic support 5. Response to State Budget crisis 16 BOD Meeting March 1, 2016 Potential projects in pipeline are addressing these opportunities Advance understanding CQL training of 1. 1. of “Quality of Life” I4A staff Support transitions of 2. CHOICE and 2. sheltered workshops to more community- related programs integrated & at other providers employment programs Residential 3. Create and renew 3. Renewal residential environments Improve direct care I4A collaboration 4. 4. staffing in development Mobilize individual 5. Giving Tuesday philanthropic support 5. match; Forefront 17 BOD Meeting March 1, 2016 On Jan 13 th , The Douglas Center opened its Multi-therapy Sensory Room • Funded by $25,000 CFI grant • State-of-the art environment assists participants in improvement and management of ability to interact and engage with their surroundings • Multi-sensory therapy shown to be effective in increasing concentration, alertness and awareness of environment Has reduced problems with self- • injurious behaviors, relieved agitation, promoted relaxation and calmness, and modulation of emotions 18 BOD Meeting March 1, 2016 6

  7. On Jan 22 nd , Park Lawn opened its CHOICE program location in Crestwood • Funded through $200,000 CFI funds (June, 2015) • Transitions of sheltered workshop to community 19 BOD Meeting March 1, 2016 We have toured 23 group homes to validate the need for Residential Renewal 20 BOD Meeting March 1, 2016 21 BOD Meeting March 1, 2016 7

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