WESTERN NC CONVERSION HEALTH FOUNDATION FORUM Kim Stravolo - PDF document

8/2/2018 WESTERN NC CONVERSION HEALTH FOUNDATION FORUM Kim Stravolo kstravolo@maryblackfoundation.org Vice President/CFO Mary Black Foundation Today’s Discussion • Who are we? • History • Evolvement of Initiatives • Collaboration • Leveraging Capital • Impact • MBF Formula for Success 1

8/2/2018 Who Are We? The mission of the Mary Black Foundation is to invest in people and communities for improved health, wellness and success in Spartanburg County. $402,699 1% $12,802,907 Early Childhood Development 36% Healthy Eating/Active Living $15,831,819 44% Community Health Fund Healthy Eating and Active Living Community Health Fund $83M Assets Early Childhood Development $4,643,683 13% Community Development and Capacity Building/Way to Wellville Evolvement of Initiatives • Early Grantmaking 1997 ‐ 2002 • 2003 • Established guidelines for non ‐ focused grants “Community Health Fund” • Established grant priorities “Early Childhood Development” and “Physical Activity” • Committed to increasing organization capacity of Spartanburg County nonprofits working within these focus areas2012 • 2012 • Expanded Active Living to Healthy Eating/Active Living • 2016/2017 • Proactively sought grants with Healthy Schools and Healthy Families Initiatives • 2017 • Adopted a health equity framework 2

8/2/2018 Collaboration • Provide grants to organizations who collaborate with each other • Joint Funders • Meets quarterly • Co ‐ funds projects • Shares ideas and network • Working to expand network to smaller funders in the area • Grantees and stakeholders • Listening sessions ‐ came out of the Way to Wellville project Leveraging Financial Human Capital Capital Capital Outside Funding Sources $4.2M Adolescent Health $185K WTW Reputational Social $100K Convergence Capital Capital Partnership 3

8/2/2018 Impact Impact $51M distributed directly to benefit $90,000,000 Spartanburg County $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $0 Total Assets 1996 2018 4

8/2/2018 Formula for Success Strategic Grantmaking Collaboration Leverage Capital Impact 5