Hope Christian Community Foundation exists to encourage philanthropy and increase giving to support ministries in the Mid-South region and worldwide. At their September 2011 board meeting, directors discussed financial highlights showing assets decreased 6.5% over the last 4 months to $100 million due to market impacts. Income and expenses were on budget with a net income of $62,000. They recommended a $20,000 grant from the Hope for Memphis Fund and discussed plans for an upcoming Celebration of Generosity luncheon to recognize donors.

1. Hope Christian Community Foundation exists
to serve Mid-South donors and ministries to
facilitate the building of God’s kingdom in
our community and throughout the world.
Our mission is to encourage philanthropy
and increase giving.
Hope Christian Community Foundation www.hopeccf.org

2. BOARD OF DIRECTORS MEETING
SEPTEMBER 22, 2011
Financial Highlights for Fiscal 2012
(4 months ended August 31)
Hope for Memphis Fund
Celebration of Generosity Luncheon
Other Matters
Hope Christian Community Foundation www.hopeccf.org

3. FINANCIAL HIGHLIGHTS
Hope Christian Community Foundation www.hopeccf.org

4. Assets at August 31, 2011 Were $100M
Compared to $106M on April 30, 2011
106.2
100.0 $110
Total Assets
$83
70.7 71.0
67.4
Millions
52.9
49.7 $55
31.7
22.3 $28
12.4
3.3 6.5
2001 2005 2009 2012 YTD
Hope Christian Community Foundation www.hopeccf.org

5. Total Grants Made Since Founding $200M+
200
191
$200
156
Cumulative Grants $150
125
Thru 8/31/11
Millions
92 $100
73
57
47
38 $50
29
15
8
2001 2005 2009 2012 YTD
Hope Christian Community Foundation www.hopeccf.org

6. Change in Assets for 4 mos. ended 8/31 2011 2012
Assets at Beginning of Fiscal Year $67.4 $106.9
New DAFs Opened 27.9 .8
Contributions to DAFs 9.8 7.2
$ Millions
Grants from DAFs (8.2) (7.8)
Agency fund deposits .8 .1
Agency fund withdrawals (1.1) (.1)
Net Investment Earnings (4.8) (7.0)
Expenses + other-net (.1) (.2)
Assets at August 31 (in millions) $91.8 $100.0
(DAF = Donor Advised Fund)
Hope Christian Community Foundation www.hopeccf.org

7. CHANGE OF ASSETS DURING FISCAL 2011
Thru 4.30.11
Assets decreased $7M or 6.5% to $100M
Stock market & other investments negatively
impacted assets by the same amount
New funds opened this year were $ 800,000
Gifts received total $ 7.2M, down 27% from last year
Grants made were $ 7.8M, down 4.5% as last year
Hope Christian Community Foundation www.hopeccf.org

8. INCOME STATEMENT
FOUR MONTHS ENDED AUGUST 31, 2011
Hope Christian Community Foundation www.hopeccf.org

9. Four months ended
2012 Actual 2012 Budget 2011 Actual
August 31 (000)
Administrative Fee
$188 $185 $158
Income
$ Thousands
Interest Income 44 44 46
Total Operating
$232 $229 $204
Revenue
Operating Expenses 170 176 149
Operating Income $62 $53 $55
Contributions 0 0 0
Net Income $62 $53 $55
Hope Christian Community Foundation www.hopeccf.org

10. HIGHLIGHTS OF YTD FISCAL 2012
Income & expenses in line with budget
Income higher than last year due to higher average
assets
Expenses higher than last year by $21k due to
higher total compensation ($7k or 5%), timing of
audit fees($5k) and expense of new brochure($7k).
Net income YTD of $62,000 compares with budget of
$53,000 and $55,000 last year
Hope Christian Community Foundation www.hopeccf.org

11. CASH POSITION
Cash total is $675,000
Operating reserve equals $500,000
Hope for Memphis fund equals $127,000 total, with
$22,000 available for grants
Generous Community Initiative fund equals $48,000
Hope Christian Community Foundation www.hopeccf.org

12. FINANCIAL OUTLOOK
Hope’s revenue is driven by fees on assets and interest
rates.
Stock market was down 10% for the 4 months ended 8/31;
our assets declined less since equities account for less than
1/2 of total assets.
Short term interest rates appear to remain at low levels for
the foreseeable future.
At current asset level, monthly income should be about
$14K.
Hope Christian Community Foundation www.hopeccf.org

13. HOPE FOR MEMPHIS FUND
Hope Christian Community Foundation www.hopeccf.org

14. HOPE FOR MEMPHIS FUND UPDATE
Available funds of $20,000
Total grants made of $763,500
New Business - Committee Recommendations (view
handout)
Recommend a grant to Memphis Athletic Ministries
for $20,000 (visited by John Dudas and Douglas
Skipworth)
Hope Christian Community Foundation www.hopeccf.org

15. CELEBRATION OF GENEROSITY LUNCHEON
TUESDAY, NOVEMBER 1ST
Hope Christian Community Foundation www.hopeccf.org

16. WHY DOES HOPE HAVE A
CELEBRATE GENEROSITY LUNCHEON?
(VIDEO)
Hope Christian Community Foundation www.hopeccf.org

17. CELEBRATION OF GENEROSITY IN MEMPHIS
Tuesday, Nov. 1st, Holiday Inn by the University of
Memphis, 11:30 - 1PM
Keynote from Shane Stanford, the new pastor of Christ
Methodist
Please invite your friends, pastor, prospects, business
associates + financial advisor
Table of 10 is $250
Each director will be given one table
A donation is requested but not required to cover the
cost of the event
Hope Christian Community Foundation www.hopeccf.org

18. CELEBRATION OF GENEROSITY IN MEMPHIS
For the second year in a row, Hope was the largest
granting foundation in Memphis. This is the first time
this distinction does not go to the Community
Foundation of Greater Memphis.
Our donors are extremely generous. Gifts to Hope and
grants have been very strong the past three years:
Fiscal years-millions 2009 2010 2011 Total
Giving to Hope $37.5 $35.0 $55.9 $128.4
Giving from Hope $34.3 $29.8 $29.2 $93.3
Hope Christian Community Foundation www.hopeccf.org

19. OTHER BUSINESS
Hope Christian Community Foundation www.hopeccf.org

20. NEXT SCHEDULED BOARD OF
DIRECTORS MEETING
January 26, 2012
Hope Christian Community Foundation www.hopeccf.org