2021 CFAAC Annual Report - Report - Page 52
2021-2025 STRATEGIC PLAN
The foundation of all we do at the Community Foundation of Anne
Arundel County is our Strategic Plan - a plan that reinforces our
ultimate goal of making Anne Arundel County a better place to live
for all. In 2020, CFAAC’s staff and board members convened to
update its five-year strategic plan for 2021-2025 and priorities were
identified that will help make a difference in strengthening
communities and improving the quality of life in Anne Arundel
County. The following were identified as three strategic priorities:
Community Impact & Leadership, Donor-Centered Philanthropy, and
Organizational Excellence. Additional priorities were also identified
as building for success and . include Diversity, Equity, & Inclusion; Effective, Efficient, & Welltrained Staff; and an Optimized Technology Platform.
After the first six months of 2021, CFAAC made headway on our first priority of Community
Impact & Leadership by reaching the goal of $25 million in assets designated for grantmaking by
2025. Consequently, the board reconvened and voted to increase the goal to secure total assets of
$25M to a new goal of $35M by December 31, 2025, highlighting that CFAAC is willing to take on a
larger, bolder challenge at a faster pace.
Our second priority of Donor-Centered Philanthropy is a constant. We are continuing to increase
our services to and relationships with donors by offering Planned Giving Webinars and educational
programs centered on providing philanthropic support to the community. These are opportunities
for donors to learn more about our community so that they can more easily align their grantmaking
to our county’s most pressing needs. In 2021, we opened 20 new funds, including five legacy funds,
which represent the trust donors have in us to fulfill their philanthropic wishes in their estate plans.
Our third priority of Organizational Excellence continues to advance. CFAAC maintained
credibility through the annual renewal of accreditation through the National Standards for U.S.
Community Foundations. We also hired three experts in their fields – Kathy Luthcke, CPA, CGMA,
Director of Finance & Operations; Rosemary Calderalo, Ph.D., Director of Gift Planning; and
Rosalind Calvin, Grants & Scholarship Manager.
As we plan for the future of Anne Arundel County, we have more opportunities than ever to develop
partnerships that yield real solutions to seemingly intractable societal challenges. We believe that
the priorities identified in CFAAC’s strategic plan will help to make a difference in strengthening
communities and improving the quality of life in Anne Arundel County. In addition to our
traditional fund management and grant distribution services, our strategic plan acknowledges and
defines our community leadership efforts that go beyond providing high-quality philanthropic
services. It further positions us as a convener of service providers, a thought partner, an advocate for
local nonprofits, and a catalyst for innovative ideas and community problem-solving.
To review the 2021-2025 Strategic Plan in its entirety, please visit www.cfaac.org.
2021 CFAAC ANNUAL REPORT