With the help of many generous donors, Community West Foundation empowered many nonprofit organizations to provide much-needed hope to those in need in 2015.
Last year, donors contributed $4.3 million to help provide clothing, shelter, food,medical care,and more to those who need it most.
The donations we received this year to serve the area’s homeless, families, children, veterans, senior citizens and those with physical or mental illnesses. It’s only fitting that the theme of this year’s annual report is “the spirit of generosity.”
If you’d like to know more about the impact of your donations, here are some highlights from our 2015 annual report.
Exceeding Last Year’s Total By Nearly $1 Million
We are excited to announce that the outpouring of generosity among donors allowed us to exceed last year’s donations by nearly $1 million! These additional funds will go a long way to meet the growing needs of our communities in West Cleveland.
Our SocksPLUS initiative has clearly resonated with our community of donors. Through this important initiative, we are creating valuable partnerships to help the homeless in Cleveland.
Since we launched SocksPLUS in January 2015, we have collected $200,000 in in-kind donations and $50,000 in monetary donations.
This effort has attracted many first-time donors who make online contributions starting at just $10. Ten dollars can provide 10 pairs of socks to someone living in a shelter or on the streets, while additional donations can provide other essentials such as backpacks, sleeping bags and blankets. Though the greatest needs for these items arise during the cold and wet months, contributions made to SocksPLUS support the homeless throughout the year. During the summer, the money pays for essentials such as water bottles and tents.
Many “tribes” have also stepped forward to host their own collection efforts. MetroHealth hospital, for instance, donated an ambulance full of socks. Numerous schools, churches and businesses have also contributed in a big way. We look forward to the continued growth of SocksPLUS in 2016 and beyond.
Major Gifts and Planned Giving
Although we welcome one-time donations, the majority of our donors give thoughtfully and consistently through planned gifts, creating a steady stream of support. More than 58 percent of the contributions in 2015 were major gifts or planned giving donations.
The members of our Legacy Society deserve special recognition for committing to funding the future through major gifts and ongoing planned gifts.
There are many ways to donate to the community while reducing your tax implications, from tax-deductible charitable gift annuities to gifts of real estate. Whatever your goals, we can guide you through our planned giving options to find the right fit.
Fairview Hospital, Lutheran Hospital, the Greater Cleveland Food Bank, North Coast Health, and the Lakewood Community Services Center were among the charitable organizations that benefitted from the collective $5.2 million we dispersed in 2015. The funds they received will be put to work immediately to help the homeless, hungry and hurting in our neighborhood. They will enable more people to find assistance and hope that has not been available to them before.
All in all, 2015 was a great year for giving. We hope to extend and grow the generosity of those who are able to give back in 2016. Many people in Cleveland are in great need of help, and there is no better time than now to step up and take action.
An act of kindness can make a person’s day better. So help that person with their groceries, buy a package of socks, or do whatever you can to help our men, women and children in need. Learn more about the foundation’s accomplishments in 2015 by reading our 2015 annual report.