Our fiscal year began just after the coronavirus caused the stock market to crash and life as we knew it changed in what seemed like a blink of an eye. As I reflect back on all that occurred this year, it seems impossible to summarize it in a short message. My hope is that the stories contained within our annual report will offer you a glimpse into the support provided to neighbors, successes experienced by our community and the impact of responsiveness.
Our financial statements are a direct reflection of the power of resilience. From a rebound in the stock market impacting our investment returns to a 16% increase in gifts received as a result of a community coming together to support one another, we saw resilience. The combined power of our operating model, our long term focus, and the support of our donors and many community partners enabled us to grant more than $20 million to nonprofit organizations this past year.
Lastly, I would like to take this opportunity to acknowledge our people. Without them, we would not be able to move our community forward. From the staff behind the scenes to those individuals working directly with our constituents, it takes intentionality to build the team we have— a team that is heart-centered, hardworking and yes, resilient. Those
same people would be happy to discuss our work with you.
Kimberly P. Sadowski, CPA
Senior Vice President & Chief Financial Officer