I’m pleased to have the opportunity to share with you the activities of the Roy A. Hunt Foundation during the 2015 fiscal year (June 2014 to May 2015). The Foundation is approaching its 50th year and as our family of Trustees grows, we continue to pass along the principles of giving and sharing so important to our founders, Roy and Rachel Hunt. Gathering and learning as a family is an important part of our Foundation, and we strive to work together– in all of our diverse geography, ages, and points of view.
Growth and Change
This has been a year of organizational change and gratifying grantmaking. We are pleased to welcome new Trustees Sage and Isaac, bringing our total next generation membership to 19. By 2020, we will number 35 Trustees.
This year we said goodbye to Tony Macklin, our Executive Director since January 2011. He left the Foundation to join his wife, Dr. Alexis Smith Macklin, who took a position as an Associate Dean and Associate Professor at the University of Colorado Boulder. Tony was instrumental in helping the Foundation begin to plan for Trustee growth and future grantmaking strategies.
And we welcomed Jenny Kelly as our new Executive Director in February 2015. Jenny spent fourteen years as a program officer for the DSF Charitable Foundation and has been busy at work getting to know the Hunt family members and grantees. We are excited about the wealth of experience Jenny brings to the Foundation and her interest in family philanthropy.
Grants & Investments
The Foundation started off the new fiscal year with a semi-annual Trustee meeting in Denver, learning about how this growing city handles contemporary problems. Lt. Governor Joe Garcia, the Exec. Dir. of the Office of Economic Development and International Trade, the Exec. Dir. of Labor and Employment, and Director of Community Partnerships detailed Denver big picture challenges, best practices, and strategies for change. We met with Gary Community Investments and two of our grantees, Alliance for Sustainable Colorado and Young Americans Center for Financial Education, and learned first-hand the impact foundations and service providers are having in the Denver community.
We awarded a little more than $2.85 million in FY14/15. In addition to our Special Initiatives grants, the majority of our awards remain for general grants invited by the Trustees and/or of historical importance to the family. We are extremely proud of our grantees and the work they do. None of this would be possible without their dedication and drive.
After a grant assessment and review process, the Community Development Committee and Youth Violence Prevention Committee revised their guidelines for grants starting in 2015. The guidelines for all initiatives can be found on our website. The Obesity and Nutrition and International Development Learning Circles continue to research potential giving opportunities and are poised to consider grants in the near future.
The total assets of the Foundation reached approximately $80 million by fiscal year-end. The Investment Committee has spent the better part of a year researching impact investing, has allocated a portion of the endowment for alternative funding, and continues to investigate ways to prudently earn for our future.
I look forward to serving a second term as the Executive Committee Chair. In the upcoming year we will use our Trustee meetings to explore how we can work with grantees to make differences in the lives of individuals and our communities. It promises to be a time of growth and opportunity.
As always, feel free to contact our office at email@example.com or 412.281.8734 if you have questions.
John B. Hunt
FY15 Executive Committee Chair