WESTERN NC CONVERSION HEALTH FOUNDATION FORUM Kim Stravolo - - PDF document

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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

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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. Early Childhood Development Healthy Eating/Active Living Community Health Fund $83M Assets

$12,802,907 36% $4,643,683 13% $15,831,819 44% $402,699 1% Healthy Eating and Active Living Community Health Fund Early Childhood Development 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

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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 Capital

Financial Capital Human Capital Reputational Capital Social Capital

Outside Funding Sources $4.2M Adolescent Health $185K WTW $100K Convergence Partnership

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Impact Impact

$0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 $90,000,000 Total Assets 1996 2018

$51M distributed directly to benefit Spartanburg County

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Formula for Success

Impact

Leverage Capital Collaboration Strategic Grantmaking