2011 Day of Giving Event - Results
PITTSBURGH, Pa., October 12 2011 – The Pittsburgh Foundation’s Day of Giving last week generated funding for local nonprofits at the rate of nearly $75 per second over the 24-hour giving period. The total raised for charitable organizations in Allegheny and Westmoreland counties was $6,448,448

For a full breakdown of Day of Giving organizations and donatuions please click here

 

Strategic Focus

An ambitious strategic plan has been fashioned which will strengthen the services provided by The Community Foundation of Westmoreland County and amplify the impact seen in the community. This plan has been approved by CFWC’s Advisory Board and is endorsed by its many constituents, including donors and local non-profit organizations.           

This plan envisions that by June 30, 2013 CFWC will be considered a leading regional philanthropic resource, positively impacting the quality of life in Westmoreland County.

Area's outlined for development and change include: 

  • Raising “Awareness”
  • Donor Services
  • Asset Development
  • Asset Management
  • Convening
  • Grantmaking

Raising “Awareness”

Become recognized as “the” household name and “go to shop” for philanthropy in Westmoreland County.

Objectives

  • Become “regionally visible”
  • Invest in interactive technologies
  • Engage regional media outlets
  • Educate and empower volunteers and donor advisors
  • Capture and promote Donor Advisor Stories
  • Leverage community resources

Donor Services

Provide world class services to CFWC advisors and non-profit organization agencies.

Objectives

  • Improve existing administrative process and internal services
  • Integrate new donor service platforms to compete in community foundation markets
  • Increase donor advisor access and communications
  • Strategically build stag team and engage trustee and volunteers

Asset Development

Increase CFWC assets to $20MM by FY 2011, $25MM by FY 2012 and $30MM by FY 2013.

Objectives

FY 2011

  • 400 Funds
  • Average Fund Balance is $45K
  • Planned Giving Platform

FY 2012           

  • 425 Funds
  • Average Fund Balance is $50K

FY 2013

  • 450 Funds
  • Average Fund Balance is $60K

Asset Management

Strive to offer “Top Tier” investment options with low fees and stable returns distributions.

Objectives

  • Enhance investment platforms and options
  • Investigate and integrate regional investments
  • Offer structured Charitable Gift platform
  • Ensure investment policy and strategy advisors and experts are sound, engaged and dedicated to our mission

Convening

Implement strategic internal and external convening platforms focused on community priority impact.

Objectives

FY 2011- FY2013

  • 25/50 Attend Events
  • 30 Hosted
  • 15 Facilitated

Strategic Alignment
Collaboration
Educational
Asset Development
Regional Initiatives
Issue Focused

Grantmaking

Continue distribution and growth of discretionary assets directed toward community impact.

Objectives

FY 2011           

  • $1.2 MM
  • Leverage Advisors
  • Impact vs. General

FY 2012

  • $1.5 MM
  • Leverage resources
  • County Impact

FY 2013

  • $1.75 MM
  • Leverage resources
  • County Impact