EXECUTIVE COMMITTEE MEETING

Metro Service Center

1307 MacDill Avenue | 12:00 pm
October 8, 2015
AGENDA
Welcome Members.......................Marc Spencer
Guests:
Oscar Horton, Shelley Kolseth
Keith Harris, VP of HR Tampa Bay Lightning
1. Consent Items (No discussion is planned unless requested)
a. August 13, 2015 Meeting Minutes (Attachment 1)
b. August 2015 Financials (Attachment 2)
2. Community Relations..Ricky Gallon
3. Resource Development
a. Steak Dinner ............................................................................................Cassandra Thomas
Arcadis Golf Tournament. ................Nov. 13th
b. Taste of Kentucky.........................................Nov. 4th.....................................Chris Roederer
c. Empty Bowls.................................................Nov. 13th .................................Jennie Yingling
GFB Dec. 15th
d. Yankees Luncheon........................................March 22nd.......................... Brenda Browning
4. Board Development.....Chris Roederer
a. Col. Reginald Godbolt
5. 2015 Strategic Planning Session.....................................................................................Chris Letsos
Grants/ Programs
6. Presidents Report.....Brad Baumgardner
Staff Engagement..............................................................................................Mary Gamble
7. Executive Session
Llaneza Trust
8. Adjorn

BOYS & GIRLS CLUBS OF TAMPA BAY

EXECUTIVE COMMITTEE MEETING MINUTES
STEINBRENNER METRO OFFICE
August 13, 2015
Members Present:
Lynn Dumais, Luis Garcia, Eddie Gomez, Vic Holcolm, Scott Jacobsen, Chris Roederer.
Others Present:
Brad Baumgardner, Brenda Browning, Ricky Gallon, Chris Letsos, Deborah McCarthy, Cassandra
Thomas, Jennie Yingling, Glenn Permuy, Konstantin Popkov and guests, Holly Grogan and Dr. Diane
Berry.
Board Chair Marc Spencer was unable to attend, therefore, Chair Elect Chris Roederer called the
meeting to order at 12:10 pm.
Chris welcomed and introduced Dr. Diane Berry with University of Phoenix and Holly Grogan, with
TriBridge, both, who are considering joining our board.
Consent Items:
Copies of the June 11, 2015 and the June 2015 Financial Report were provided to the members for their
review prior to the meeting, with copies provided at the meeting. A Motion to approve the Minutes was
made by Scott, Second by Lynn. Motion passed.
With no questions on the Financial Report, Scott made a Motion to approve the June Financial Report,
Second by Vic, Motion passed.
Corporate Resolution:
Deborah McCarthy stated she has a Corporate Banking Resolution regarding Bank of Tampa as
Successor Corporate Trustees to Boys Club of Tampa Endowment Fund. The Resolution names
Bradley L. Baumgardner, Chris Letsos and Deborah L. McCarthy to execute transactions and sign
paperwork on behalf of BGCTB. A Motion to approve Brad, Chris & Deborah to execute and sign on
behalf of BGCTB as Trustees, at Bank of Tampa, was made by Scott, Seconded by Eddie. Luis Garcia
abstained from the vote. Motion passed.
McCain Institute Volunteer:
Konstantin Popkov spoke of his experience over the past year with our staff and the kids we serve. He
found it educational and rewarding and thanked everyone for giving this experience to him. He didnt
know anything about BGC when he first arrived. He thanked Brad and Chris for teaching him about
BGC. When he returns to Russia, he will organize a leadership movement focusing on young people.
He learned about branding, scaling, funding and building relationships between staff, board and kids.
He will never forget these kids. Brad thanked Konstantin and presented him with 2 gift baskets to
remind him of Tampa. Luis requested his email be sent to the members to keep in contact.

Executive Committee Meeting

August 13, 2015
Page Two
Programs/Grants:
Chris Letsos thanked Konstantin and shared that at the Liberty Club, Konstantin connected with boys
that didnt connect with others. Chris reported that our Town n Country Club was damaged so we are
using an additional facility on the grounds, we will continue to use that facility when the club reopens,
doubling the capacity of kids we serve. There are 160 kids on a wait list.
Chris has secured a 21st Century Grant for the next 5 years, and looks to be $400K a year that will be
invested in Webb, Town n Country, Van Buren and trying for Shields. We plan to have sites opened
before, during and after school. We have also secured funding from the Childrens Board to do the same
program at Plant City middle schools. Chris is working with the school district for us to move into 2
additional schools in the highest needs communities.
The Sheriffs Office has agreed to negotiate with Hillsborough County to take on all of our County
leases. We would subcontract from the Sheriffs Office, which will make us exempt from childcare
licensing, so we could serve more kids. Sheriff Department will get $200K to expand to Wimauma
and the Childrens Board has agreed to match. Lynn stated the Sheriff is committed to operating funds.
We would like to get an additional building in Dover. This summer we broke a record by serving over
3K kids a day.
Board Development:
Chris R. spoke about a new Foundation member to vote on, Joe Tomaino with Christo Rey High School
of Tampa. He stated the Board Development Committee recommends Joe for approval. Luis made a
Motion to approve Joe as a new Foundation Board member, Seconded by Scott. Motion passed.
Chris announced that Glenn is now part of the Board Development Committee and that in the future, the
Committee will vent out names and decide where that prospect is best suited and will have discussions
before going to one board or the other.
Reports:
Ricky Gallon gave a slideshow with pictures of various events going on.
IHOP held a back-to-school shoe drive and we ended up with over 35 pair of shoes
USF held a Health Fair for everyone at our Nick Capitano neighborhood
WEDU has a Summer Bridge Program for Town n Country Club
The Epicurean held its cooking classes and the kids graduated this week
Bridgestone held an event at our Zonta club that included games using tires. We received
a check for $2,500 from them and one child received a iPad type notebook.
GTech opened the newly renovated computer lab at West Tampa
University of Phoenix donated computers to Dover and Wimauma

Executive Committee Meeting

August 13, 2015
Page Three
Cassandra Thomas announced that Trudy Carey and Family will be our Community Hero. The dinner
will be held on September 29th at Al la Carte. We are currently at $160K in sponsorship, and have 40
tables filled. Tampa Tribune is our Media sponsor and we will have billboards and radio spots. Jomo
Cousins will MC the event. AFF will be doing the live auction again this year but we will be scaling
down the packages and be advertising better than last year. She also stated that we need liquor for our
Stock Your Bar package.
Cassandra reported that the Arcadis Golf Tournament will be on Friday, November 13th, this is the 11th
year and it supports our robotics program. It is a morning tee time.
Jennie Yingling announced the date of December 15th for GFB. Guest speaker will be Luis Gonzalez,
former Major League Baseball All-Star. We have $77,500 of In-Kind donations to date and $237,500 in
sponsorships. She and Chris L. had a great visit with Diana Baker with the Spurlino Foundation. Jennie
was on the Dave and Veronicas morning show promoting a shoe drive they are holding for us.
Chris R. shared that Taste of Kentucky will be held on November 4th at Adam Diastis home, that will
hold 150/200 people. They are looking for a donor to supply the food.
Eddie Gomez announced that Tampa New Auto Dealers Association Inc. had a board meeting and
agreed that this would be a year of giving. They selected 4 charities. Of those, $50K will be coming to
BGCTB. Eddie asked members to send thank you letters to the board members.
Presidents Report:
Brad Baumgardner reported that TBDA will present the $50k on Wednesday at the Riverview Club.
Brad provided a copy of the Fee Simple Deed from the City that states we dont own the Ybor City
facility, we closed that club in 2006. Brad had a call from the City reminding him that we cant sell the
facility. We do not pay taxes of the facility, the City does. Lynn stated there were safety issues with the
property before we leased it. The issue was that kids had to get dropped off on the street. The Dream
Center wanted to buy it but because of a reverter clause, we cant sell it. Vic reviewed the deed and
stated the same, if we dont use it as a club, it goes back to the City. The Dream Center has put in over
$300K of renovations in the building. After much discussion a Motion was made by Scott, to give the
facility back to the City, and Seconded by Luis. Eddie asked for a discussion. He thinks we could write
a letter to the mayor. Luis stated he could call Bob Martinez, Mayor at that time, but he would look at
the lease and state the same as Vic did. Debbie M. stated we have a small value in the books, a net value
of $75K. We have no intention to use the facility as a Club. With the Motion on the floor, Chris asked
for a vote, the members passed the Motion to give the building back to the City. (Deed Attached)
Brad reminded the members of the Area council Meeting in Palm Beach on the 21st and 22nd. Lynn
stated it is structured differently this year. Brad stated the Strategic Planning meeting will be held on

Executive Committee Meeting

August 13, 2015
Page Four
Friday, October 23rd from 11:30 to 4:00 pm, at the Ferguson Law Center. We will be reviewing goals
and reporting changes. We are looking at specific speakers.
Succession Plan Update:
Chris announced that Chris Letsos is the new President and will take over the first of November. Chris
thanked Brad for all hes done and for grooming Chris for the position
Brad announced there would be a hearing on the Llaneza Trust on August 25th at 3:00 pm. The Judge is
reviewing the trust agreement, there is some wording in the trust that this board has the right to close the
trust on their own. Judge could stop, bills are still out there. Brad will send out email to board members
if any could attend.
Lynn shares that MetLife kicked off their United Way Campaign drive and United Way was very
complimentary of Ricky.
With no other business, Chris adjourned the meeting at 1:05 pm.
.
Brenda Browning, Recorder
_____________________________ ____________
Chris Roederer, Secretary
Date

Boys & Girls Clubs of Tampa Bay, Inc.

Memo
To:

Executive Committee

From:

Deborah L. McCarthy, Chief Financial Officer

Date:

September 30, 2015

Subject: August 2015 Financial Statements - Unaudited

Please find attached the Statement of Financial Position and the Statement of
Activity for the Unrestricted Fund for the eight months ended August 31, 2015.
Total Public Support Ahead of Budget by $476,000
Fees & Grants are ahead of budget by $447,000. This is due to a number of
grants that were not anticipated or known during the budgeting process for this
year, including:
.
.
.
.
.

$104,000 from the Lightning Foundation for three Community Hero Award
Grants
$50,000 from the Community Foundation of Tampa Bay for our outreach
summer camp program at Bethune Park in Wimauma this summer
$13,000 for the new Community Service Block Grant (CSBG) passed through
Hillsborough County for year round services for youth
$63,000 for the new After Zone grant for Plant City Middle Schools from the
Childrens Board of Hillsborough County.
$74,000 in Grants from Corporate Partners passed through BGCA including
Taco Bell, Old Navy, Altria and Ross Stores

And finally, we are $144,000 ahead of budget for the Department of Juvenile
Justice Prodigy grants passed through the University Area Community
Development Corporation (UACDC). These additional funds have enabled the
organization to serve more kids more often through the first half of the year and
the additional costs of providing those services is evident in the increase in
operating expenses of the organization over budget for the same period.
The budget surplus in Fees & Grants is offset by a budget deficit of $68,000 in
Funds Released from Restriction. These are restricted funds for programs and
operations that are released from restriction as they are used. In the case of the
reserves that were set aside for the Freddie Solomon Club and the Riverview
Club, we are not utilizing these reserves as quickly as we anticipated in
budgeting since the clubs are raising more funds through grants and
contributions than expected to date.

Memo to Executive Committee

Page 2 of 3

Net Special Events Behind Budget by $86,000

Net Special Events is behind budget due primarily to a decrease in the net
proceeds from the Yankee Luncheon ($33,000) and the East Pasco Round Up
($31,000).
Personnel Costs Overage of $298,000
The increase in Personnel Costs over the same period last year and over the
YTD budget is a direct result of the additional staff in place to provide services at
the new additional sites operating in 2015 which include the new Middle School
sites at Marshall, Tomlin and Shields as well as the outreach summer camp
program in Wimauma and the additional staffing costs for performing and fine
arts instructors for the Prodigy programs which are now offered at four clubs year
round.
Supplies Overage of $140,000
There is a significant increase in Supply Costs over the same period last year
and over the YTD budget. This is due to three factors. The first is an increase in
program supplies which accounts for $64,000 of the budget overage and is due
to the additional program supplies purchased for the new sites discussed above
and for the Prodigy sites. The additional supplies for the Prodigy sites were not
known at the time of the budget preparation as the Prodigy budgets were still
being negotiated with UACDC and the State of Florida Department of Juvenile
Justice (DJJ).
The second area of increase is in the costs of providing snacks and supper at the
clubs. This year after school snacks are now provided at all clubs regardless of
their eligibility for the State of Florida After School Snack reimbursement
program. Additionally, we have initiated new supper programs at selected clubs
this year. An example is the Dover Club which has a new supper program
provided by a private grant for that purpose. Together this accounts for $46,000
of the budget overage.
The third area of increase is in the costs of furnishings and equipment which are
not large enough to be capitalized that were purchased for clubs as part of
renewing and refurbishing clubs. This accounts for $21,000 of the budget
overage.
Occupancy Expense Overage of $32,000
A significant cause of the overage in Occupancy Expense is due to an overage in
Lawn Care Services of $15,000 for the additional costs of providing mulch at
clubs in the playground areas as mandated for safety reasons. Additionally, we
have experienced budget overages in Utilities of $4,500 and Cleaning Services
of $8,500 for a total of $13,000 due in part to the additional square footage of the
new Lacoochee Club and additional floor care services across all clubs.

Memo to Executive Committee

Page 3 of 3

Program Services Overage of $60,000

The overage over the same period last year and over the YTD budget is due
primarily to two factors. The first is a budget overage of $45,000 in Youth Field
Trips. This increase is due to additional field trips for the Prodigy program as
well as the Middle School initiatives. See the discussion of Total Public Support
above. These field trips included outings to museums such as the Glazer
Childrens Museum, and performances such as Blue Man Group and Black
Swans.
The second factor is the overage of $24,000 in Youth Assistance which
represents in part the costs of providing weekend backpacks from Feeding
America to selected members who need assistance over the weekend.
Additionally, costs were incurred for interview clothes for teens with funds raised
by the Leadership Tampa Alumni group for their Dress for Success initiative.
Please let me know if you have any questions or comments on the statements.

Boys & Girls Clubs of Tampa Bay, Inc.

Statement of Financial Position

Page 1

With Comparative Totals to Last Year - Unaudited

Temporarily
Restricted
Fund
8/31/2015

Unrestricted
Fund
8/31/2015

Total
All
Funds
8/31/2015

Endowment
Fund
8/31/2015

Total
All
Funds
8/31/2014

ASSETS
Current Assets
Cash & Cash Equivalents
Investments
Accounts Receivable
Other Receivables
Pledges Receivable - Current, net of allowance
Due from BGCTB Foundation

$294,279

$690,665

$30,694

$1,015,637

$2,236,467

$1,000,341

$0

$598,233

$1,598,574

$912,247

$407,179

$0

$0

$407,179

$376,935

$55,823

$0

$0

$55,823

$1,999

$17,047

$2,759

$0

$19,806

$38,461

$941,980

$25,000

$0

$966,980

$916,966

$74,806

$0

$0

$74,806

$79,231

$2,791,453

$718,424

$628,927

$4,138,804

$4,562,306

$7,916,841

$0

$0

$7,916,841

$7,668,405

$45,000

$0

$0

$45,000

$52,500

Pledges Receivable - Non-Current, net of allowance

$0

$44,985

$0

$44,985

$117,375

Cash Value Life Insurance

$0

$80,575

$0

$80,575

$77,384

$11,494

$0

$0

$11,494

$2,610

$7,973,335

$125,561

$0

$8,098,896

$7,918,274

$10,764,788

$843,985

$628,927

$12,237,700

$12,480,580

Accounts Payable

$247,230

$0

$0

$247,230

$103,890

Accrued Expenses

$186,927

$0

$0

$186,927

$187,128

Due to BGCTB Foundation

$577,957

$31,579

$0

$609,536

$351,849

$0

$4,000

$0

$4,000

$3,000

$1,012,114

$35,579

$0

$1,047,693

$645,867

Prepaid Expenses
Total Current Assets

Non Current Assets

Land, Property and Equipment
Prepaid Rent - Non Current

Other Assets
Total Non Current Assets

TOTAL ASSETS

LIABILITIES AND NET ASSETS

Liabilities
Current Liabilities

Deferred Revenue
Total Current Liabilities

Boys & Girls Clubs of Tampa Bay, Inc.

Statement of Financial Position

Page 2

With Comparative Totals to Last Year - Unaudited

Temporarily
Restricted
Fund
8/31/2015

Unrestricted
Fund
8/31/2015

Total
All
Funds
8/31/2015

Endowment
Fund
8/31/2015

Total
All
Funds
8/31/2014

Other Liabilities
Deferred Lease Revenue
Total Other Liabilities

Total Liabilities

$124,000

$0

$0

$124,000

$172,000

$124,000

$0

$0

$124,000

$172,000

$1,136,114

$35,579

$0

$1,171,693

$817,867

$534,733

$250

$0

$534,983

$1,652,463

Net Assets
Unrestricted - from Operations

$9,093,942

$0

$0

$9,093,942

$8,141,060

Temporarily Restricted

$0

$808,156

$0

$808,156

$1,158,212

Permanently Restricted

$0

$0

$628,927

$628,927

$710,978

$9,628,674

$808,406

$628,927

$11,066,007

$11,662,713

$9,628,674

$808,406

$628,927

$11,066,007

$11,662,713

$10,764,788

$843,985

$628,927

$12,237,700

$12,480,580

Unrestricted - Property and Equipment

Total

Total Net Assets

TOTAL LIABILITIES AND NET ASSETS

Boys & Girls Clubs of Tampa Bay, Inc.

Statement of Activity - Unrestricted Fund
With Comparison to Budget & Last Year Actual - Unaudited

This Year
Actual
YTD
8/31/2015

Budget
YTD
8/31/2015

Variance
Favorable
(Unfavorable)

Last Year
Variance
%

Annual
2015
Budget

Actual
YTD
8/31/2014

Variance
Favorable
(Unfavorable)

Variance
%

Public Support and Revenue

Public Support
United Way & Combined Campaigns
Contributions

$559,950

$561,320

($1,370)

(0.2)%

$847,000

$567,828

($7,879)

(1.4)%

$1,206,666

$1,109,240

$97,426

8.8%

$1,913,000

$1,095,086

$111,580

10.2%

$129,632

$197,000

($67,368)

(34.2)%

$325,000

$176,321

($46,689)

(26.5)%

Fees & Grants

$2,074,695

$1,627,400

$447,295

27.5%

$2,156,500

$1,449,601

$625,093

43.1%

Total Public Support

$3,970,943

$3,494,960

$475,983

13.6%

$5,241,500

$3,288,836

$682,107

20.7%

$186,734

$204,500

($17,766)

(8.7)%

$279,500

$218,833

($32,099)

(14.7)%

Funds Released from Restriction

Revenue
Program Service Revenue
Investment Revenue

$6,945

$4,000

$2,945

73.6%

$6,000

$1,249

$5,695

455.9%

Other Revenue

$6,109

$14,200

($8,091)

(57.0)%

$25,000

$13,680

($7,571)

(55.3)%

$199,788

$222,700

($22,912)

(10.3)%

$310,500

$233,762

($33,974)

(14.5)%

Special Event Revenue

$585,585

$677,500

($91,915)

(13.6)%

$759,000

$657,757

($72,172)

(11.0)%

Special Event Expenses

($116,036)

($121,500)

$5,464

4.5%

($153,000)

($113,618)

($2,417)

(2.1)%

$469,550

$556,000

($86,450)

(15.5)%

$606,000

$544,139

($74,589)

(13.7)%

$4,640,280

$4,273,660

$366,620

8.6%

$6,158,000

$4,066,737

$573,544

14.1%

$2,339,024

$2,066,900

($272,124)

(13.2)%

$2,976,000

$1,895,347

($443,677)

(23.4)%

Employee Benefits

$226,855

$212,502

($14,353)

(6.8)%

$319,000

$203,090

($23,765)

(11.7)%

Payroll Taxes

$176,335

$166,850

($9,485)

(5.7)%

$240,000

$143,694

($32,641)

(22.7)%

$23,606

$21,500

($2,106)

(9.8)%

$27,500

$16,175

($7,431)

(45.9)%

$2,765,820

$2,467,752

($298,068)

(12.1)%

$3,562,500

$2,258,306

($507,514)

(22.5)%

Total Revenue
Special Events

Net Special Events

Total Public Support and Revenue
Expenses

Personnel Costs
Compensation

Other Employee Costs

Total Personnel Costs

10/5/2015

Page 1

Boys & Girls Clubs of Tampa Bay, Inc.

Statement of Activity - Unrestricted Fund
With Comparison to Budget & Last Year Actual - Unaudited

This Year
Actual
YTD
8/31/2015

Budget
YTD
8/31/2015

Variance
Favorable
(Unfavorable)

Last Year
Variance
%

Annual
2015
Budget

Actual
YTD
8/31/2014

Variance
Favorable
(Unfavorable)

Variance
%

Operating Costs
Professional Fees

$90,645

$86,300

($4,345)

(5.0)%

$113,500

$77,022

($13,623)

(17.7)%

Contract Services

$88,605

$113,600

$24,995

22.0%

$137,000

$109,474

$20,869

19.1%

$336,090

$195,833

($140,257)

(71.6)%

$298,000

$212,840

($123,250)

(57.9)%

$76,784

$73,500

($3,284)

(4.5)%

$109,500

$76,277

($507)

(0.7)%

Occupancy Expense

$901,312

$869,420

($31,892)

(3.7)%

$1,306,000

$860,191

($41,121)

(4.8)%

Equipment Expense

$48,195

$40,850

($7,345)

(18.0)%

$62,000

$38,105

($10,091)

(26.5)%

Printing & Postage

$9,474

$15,930

$6,456

40.5%

$24,500

$16,135

$6,661

41.3%

$119,035

$108,750

($10,285)

(9.5)%

$170,000

$102,630

($16,405)

(16.0)%

$63,398

$62,550

($848)

(1.4)%

$80,500

$47,848

($15,550)

(32.5)%

$213,602

$153,770

($59,832)

(38.9)%

$204,500

$156,448

($57,154)

(36.5)%

$56,005

$44,800

($11,205)

(25.0)%

$91,500

$44,329

($11,676)

(26.3)%

$2,003,145

$1,765,303

($237,842)

(13.5)%

$2,597,000

$1,741,300

($261,846)

(15.0)%

Total Expenses

$4,768,965

$4,233,055

($535,911)

(12.7)%

$6,159,500

$3,999,606

($769,360)

(19.2)%

NET SURPLUS/(DEFICIT)

($128,685)

$40,605

($169,290)

(416.9)%

($1,500)

$67,131

($195,816)

(291.7)%

Supplies
Information Technolgy

Transportation Expense
Training, Travel & Meetings
Program Services
Other Expenses
Total Operating Costs

10/5/2015

Page 2

BOYS & GIRLS CLUBS OF TAMPA BAY FOUNDATION, INC.

MANAGED INVESTMENT PORTFOLIO SUMMARY
COMPARATIVE
Allocation
Range

06/30/15
Portfolio
Market
Value

12/31/14
% of

Portfolio

Portfolio
Market
Value

12/31/13
% of

Portfolio

Portfolio
Market
Value

12/31/12
% of

Portfolio

Portfolio
Market
Value

% of
Portfolio

EQUITY FUNDS
KEELEY FUNDS
Keeley Small Cap Value Fund
Total Keeley Funds

9.8%
9.8%

409,326
409,326

9.7%
9.7%

621,400
621,400

35
930,580
862,789

22.4%
20.7%

21
887,060
858,231

5% - 30%
5% - 30%

0
509,722
2,303,126

0.0%
12.3%
55.4%

30% - 80%

2,711,063

5% - 25%
15% - 35%

20% - 60%

5% - 15%

407,937
407,937

15.3%
15.3%

461,574
461,574

13.6%
13.6%

21.1%
20.4%

21
697,335
904,603

17.2%
22.3%

21
519,787
669,007

15.3%
19.7%

607,137
0
2,352,449

14.4%
0.0%
55.9%

672,873
0
2,274,831

16.6%
0.0%
56.0%

566,427
0
1,755,242

16.7%
0.0%
51.6%

65.2%

2,761,775

65.6%

2,896,231

71.3%

2,216,816

65.2%

722,934
724,493
1,447,427

17.4%
17.4%
34.8%

721,243
724,089
1,445,332

17.1%
17.2%
34.4%

574,858
590,065
1,164,923

14.2%
14.5%
28.7%

577,568
604,290
1,181,858

17.0%
17.8%
34.8%

1,447,427

34.8%

1,445,332

34.4%

1,164,923

28.7%

1,181,858

34.8%

CHARLES SCHWAB
Cash
Growth Fund of America - Large Cap Growth
Loomis Sayles Value Fund - Large Cap Value
Manning & Napier World Opportunity Fund International
Harding Loevner - International

10% - 30%
10% - 30%

Total Charles Schwab Funds

TOTAL EQUITY FUNDS
FIXED INCOME FUNDS
SANFORD C. BERNSTEIN & CO., LLC
Short Duration Plus
Intermediate Duration
Total Sanford C. Bernstein & Co., LLC
TOTAL FIXED INCOME FUNDS
TOTAL INVESTMENTS

4,158,490 100.0%

INVESTMENT RETURNS
POLICY BENCHMARK
OVER (UNDER) POLICY

Q2
2015
0.27%
-0.03%
0.30%

4,207,107 100.0%

4,061,154 100.0%

3,398,674 100.0%

Trailing
1 Yr
0.78%
3.61%
-2.83%

Trailing
3 Yr
10.77%
11.26%
-0.49%

Inception
12/31/08
10.00%
11.47%
-1.47%

BOYS & GIRLS CLUBS OF TAMPA BAY FOUNDATION, INC.

COMMUNITY FOUNDATION OF TAMPA BAY FUNDS
COMPARATIVE
SYMBOL

Agency Funds:
Boys & Girls Club of Tampa Bay Foundation, Inc. Agency
The Bill Carey Brandon Boys & Girls Club Agency
Gary Nix Boys & Girls Club Agency
Riverview Boys & Girls Club Agency
Bob Blanchard Lacoochee Boys & Girls Club
TOTAL AGENCY FUNDS

12/31/14

12/31/13

12/31/12

Portfolio

Portfolio

Portfolio

Portfolio

Market
Value

Market
Value

Market
Value

Market
Value

805,890
648,308
104,884
50,974
221,141
$

INVESTMENT RETURNS
POLICY BENCHMARK
OVER (UNDER) POLICY

06/30/15

1,831,197

Q2
2015
-0.22%
-0.03%
-0.19%

822,013
661,279
105,905
51,470
200,127
$

1,840,794

Trailing
1 Yr
-2.30%
3.61%

-5.91%

875,327
704,340
110,455
53,682
195,916
$

1,939,719

Trailing
3 Yr
8.73%
11.26%
-2.53%

806,133
648,663
99,746
48,477
139,015
$

1,742,035

Inception
12/31/09
7.26%
11.47%

-4.21%

BOYS & GIRLS CLUBS OF TAMPA BAY, INC.

ENDOWMENT FUND AT NORTHERN TRUST
COMPARATIVE

EQUITY SECURITIES
Large Cap
Mid Cap
Small Cap
International Developed
International Emerging
Total Equity Securities

06/30/15
Allocation
Range

Portfolio
Market
Value

20% - 60%

REAL ESTATE
Real Estate Funds
Total Real Estate
COMMODITIES
Commodities
Total Commodities
CASH & SHORT TERM INVESTMENTS
Cash Short Term Investments
Total Cash and Short Term Investments 0% - 20%

Portfolio

Portfolio
Market
Value

% of
Portfolio

Portfolio
Market
Value

% of
Portfolio

23.9%
3.4%
2.0%
11.2%
3.8%
44.4%

127,656
22,252
13,621
134,002
59,237
356,767

18.4%
3.2%
2.0%
19.3%
8.5%
51.4%

148,954
16,108
16,617
66,951
61,463
310,093

22.4%
2.4%
2.5%
10.1%
9.2%
46.6%

0.0%
0.0%
0.0%

254,530
25,184
279,714

37.8%
3.7%
41.5%

219,342
26,714
246,056

31.6%
3.8%
35.5%

237,681
12,668
250,349

35.7%
1.9%
37.7%

0.0%
0.0%

24,454
24,454

3.6%
3.6%

26,306
26,306

3.8%
3.8%

35,022
35,022

5.3%
5.3%

0.0%
0.0%

24,898
24,898

3.7%
3.7%

34,235
34,235

4.9%
4.9%

51,155
51,155

7.7%
7.7%

45,298
45,298

6.7%
6.7%

30,584
30,584

4.4%
4.4%

18,272
18,272

2.7%
2.7%

2,500 100.0%
2,500 100.0%
2,500 100.0%

INVESTMENT RETURNS
POLICY BENCHMARK
OVER (UNDER) POLICY

% of

12/31/12

161,001
23,205
13,696
75,317
25,929
299,148

5% - 30%

FIXED INCOME SECURITIES

Corporate / Government
Other Bonds
Total Fixed Income Securities

Portfolio

Portfolio
Market
Value

12/31/13

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

10% - 30%
5% - 15%

20% - 80%

% of

12/31/14

673,510 100.0%

693,948 100.0%

664,891 100.0%

Q1
2015

Trailing
1 Yr

Trailing
3 Yr

Inception
12/31/08

0.00%

0.00%

0.00%

0.00%

BOYS & GIRLS CLUBS OF TAMPA BAY, INC.

ENDOWMENT FUND AT BANK OF TAMPA
COMPARATIVE

CASH & EQUIVALENTS

Money Markets
Total Cash & Equivalents
FIXED INCOME
Vanguard Short-Term Bond ETF
Vanguard Total Bond Market ETF
Total Fixed Income
EQUITY
Vanguard Russell 1000 Growth ETF
Vanguard Russell 1000 Value ETF
Vanguard Mid-Cap ETF
Vanguard Russell 2000 ETF
Vanguard Total International Stock ETF
Total Equity

06/30/15
Allocation
Range

Portfolio
Market
Value

0% - 20%

27,435
27,435

4.2%
4.2%

31,274
183,648
214,922

4.8%
28.4%
33.2%

123,982
123,800
30,583
31,560
94,117
404,042

19.2%
19.2%
4.7%
4.9%
14.6%
62.5%

5% - 25%
15% - 35%
20% - 60%

10% - 30%
10% - 30%
5% - 15%
5% - 30%
30% - 80%

% of
Portfolio

646,398 100.0%

INVESTMENT RETURNS
POLICY BENCHMARK
OVER (UNDER) POLICY

Q2
2015
-1.37%
-0.03%
-1.34%

03/31/15
Portfolio
Market
Value

% of
Portfolio

663,908 100.0%
663,908 100.0%

0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

663,908 100.0%

Trailing
1 Yr

Trailing
3 Yr

Inception
2/28/15
-1.45%
-0.45%
-1.00%