Today, more of us than ever before understand the chasm of disparities. Our economy cannot recover if the nonprofit sector is not specifically included as part of all relief and recovery efforts. However, beginning July 1, 1987, the drop in the federal statutory tax rate from 46 to 34 percent under the Act will more than offset the loss of these tax credits. CCF was able to fund food banks, homeless shelters and health clinics, and organizations supporting essential workers to ensure that they received the vital resources needed to continue their work in our communities. As the world witnesses the ongoing impact of the COVID-19 pandemic, our focus continues to be on our people. . What's the message? In the laundry and cleaning products segment, a number of reformulated and companion products to existing Company brands were expanded successfully to national distribution. Annual Letters | Bill & Melinda Gates Foundation We now offer a more robust, comprehensive set of solutions covering environmental, social and governance (ESG) factors, climate and energy transition, private assets and SMEs, counterparty risk management, supply chain, trade, and alternative data sets. In Washington State, nonprofits account for almost 10% of private employment. All of the past years cash needs were provided by internally generated funds. Where possible, in severely impacted geographies,we have increased health insurance benefits and deployedother specific support. Our CFO, Kathy Wehle, is working with our Finance, Investment & Audit Committee to determine if we have any excess resources that can be used specifically for COVID-19 response. CEO Letter | Bloomberg Philanthropies 3. and able to be deployed to produce positive environmental and social outcomes. Board Chair and CEO Letter - United Way of the Midlands Our partners featured in this years report made CCFs tree ring grow deeper and wider. In this article I examine the aspects of a great annual letter and provide five examples. Annual Report - Overview, Contents, Types of Users For an annual report, it really does need to be near the front. CCF has been critical in this family journey, Im big on collaboration and my ideal vision is for community members from across LA to come together. /en/annual-reports/2021/ceo-letter We also piloted a meaningful sustainability initiative started by our residents CoviaGreen. Community is at the heart of everything we do at the California Community Foundation. In February, we closed a transformative merger with IHS Markit. All Rights Reserved. Its a privilege to work at their side. companies behave and how they treat people, and they want more transparency Concerning our customers, we went from challenged accounts to building a level of customer intimacy where we are delivering, building strong partnerships and being proactive. In addition, our donor fundholders gave $32 million directly to nonprofits, with more than 74% going to organizations serving Los Angeles County. As great as last year was for our company, in many ways 2022 is shaping up to be even better. All these things make me very hopeful about the future of S&P Global. We share a focus on innovation and customer centricity, we care for our people, and were passionate about serving markets. They personalize it and make it more immediate, and they help point readers to key information and calls to action. Our balance sheet continues to be strong, and we expect to generate annual free cash flow exceeding $5 billion in 2023. Dear fellow shareholders, It is a privilege to be leading Western Union, an iconic, purpose-driven, and diverse organization, and an exciting time to be taking the helm. Comment * document.getElementById("comment").setAttribute( "id", "a367c904d49640ed7417dff216e48293" );document.getElementById("f7b74322b1").setAttribute( "id", "comment" ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Get engaged with us by attending our philanthropy learning series, visiting a grantee, or attending one of our grant award celebrations. We delivered outstanding results for our customers, our partners and our shareholders. ANTONIA HERNANDEZ, And we keep increasing our ESG offerings. Throughout this process their independent judgment and expert perspectives Their confidence is a strong signal for a bright future. Give regardless of the tax deductibility of your gift. under management. In addition, the Impact Taskforce (ITF), a private-sector led, independent body supported by the UKs government under its presidency of the G7, released recommendations focused on driving private financing to promote impact-driven economies and societies. The event commemorated the closing of the historic merger with IHS Markit. For organizations that were scheduled to receive general operating support grant payments this June, we have already issued checks for the 2020 grant payments. Platts Dimensions Pro delivers real-time insights where, when and how you want and need them. Google Ad Grant Impact: Capturing Results and Measuring ROI, Google Ad Grants: The Complete Guide for Nonprofits, How to Apply for Google Grants: 5 Easy Steps for Nonprofits, 6) End with a Positive Note and Call to Action, https://gettingattention.org/wp-content/uploads/2021/08/getting-attention-logo.svg, Google Grants Provides Free Advertising to Nonprofit Orgs, The Biggest Mistake Nonprofits Make With Video. Even before our combination, we continued investing in our people. My husband and I have done that. Wehave conducted mental health awareness and resiliencysessions and augmented our Employee Assistance Programglobally. Short is not asking your graphic designer to "make it fit," leaving audiences to squint at six . Letter from the President & CEO: Supporting Nonprofits During the COVID The pandemic and last years UN climate change conference, COP26, continued to This growth is propelled by strong demand for existing services and an expanding product portfolio. In June, we reported to you we had established a restructuring reserve for the Companys worldwide manufacturing operations. We are at a turning point. If this list includes 10 elements, you can probably imagine that there's quite a bit of information your annual donor impact report will include! Consider accelerating the payment of multi-year pledge payments. The restructuring program primarily focuses on consolidations of manufacturing operations, which result in the conversion or disposal of some plants, buildings, and equipment in the United States and abroad. Annual Report 2022-2023: CEO Letter Patricia E. Harris "We look for unmet needs where others haven't stepped in, and where we can make a difference." I recently had a meeting that took me back to the beginning of one of our longest-running and most successful initiatives, and it left me feeling incredibly inspired about the future. In February, the Covia Communities Board made the difficult decision to close one of our communities Los Gatos Meadows. Two roads in the forest. 5 Exemplary CEO Annual Letters Worth Reading - Behavioral Value Investor There are many users of annual reports, including . I am inspired by our donors, partners and staff who have risen to the unprecedented challenges of this past year. Here are 10 key elements to include in your nonprofit annual report: 1. help our people by enhancing programs and benefits to support them personally and professionally. I am proud to say that CCF has emerged stronger and remains even more committed to serving our Los Angeles communities at a time when the need is most. It was a year in which each of us faced difficult personal challenges, and a staggering number of us lost loved ones. A record market share boosted Vacuum Folgers coffee to leadership in its category. Annual Letter 2020. Since we announced the deal 15 months ago, 2,000 people from both companies, working across key integration work streams, have spent countless hours getting us ready so that we hit the ground running as soon as the deal closed. Make it easy to read. We think this attitude has been a successful one in enabling us to. The S&P Global Foundation is about much more than philanthropywe are about making a difference by finding and developing essential connections between the knowledge- and skill-driven work of S&P Global and the needs of society. True Performance We embraced a new normal in conducting business, and achieved strong financial performance, increasing net income and return on average common equity. Were also proud to be an investor in Novata, an innovative new public benefit corporation and technology platform. insights will become even more important to make investment choices. We also know that nonprofit leaders rise to challenges every day with ingenuity, compassion, resilience, fortitude, and integrity. In 2021, S&P Global Market Intelligence launched Climate Risk Gauge, a tool to apply climate scenarios to assess credit impact, and a host of other offerings. As part of our effort to consider climate change in making decisions, last year we were one of the first U.S.-based companies to disclose a carbon-adjusted earnings per share metric. For 25 years, we have collectively addressed the most pressing community issues and funded innovative solutions to drive transformational change. As you can conclude from these results and the numerous other successes detailed in this year's Annual Report, supporters like you have helped us create a stronger, more united community. The growth was broadly based geographically and by product line and included the effect of favorable currency exchange rates. This enables users to perform powerful analysis on unstructured text. Conveying the directors sincere excitement about a particular accomplishment, his or her sense of humor, or a personal note or observationthese all make your opening message and, as a result, the whole report more engaging. our other stakeholders. information already is critical to investors, risk managers, corporations and We delivered 12% organic revenue growth and a 17% increase in adjusted diluted earnings per share in 2021. The line comprises a full range of sun care products for tanning, sun protection and moisturizing. governments to help them make decisions every day. Liquid Cheer detergent offers all-temperature cleaning versatility just like Cheer powder detergent. Even though it appears that the current federal relief package will provide nonprofit organizations with access to small business loans, more needs to be done to ensure that nonprofit organizations can maintain staffing levels, pivot to address new and increasing demands, and recover from losses resulting from the discontinuation of services due to closures. [ Register | Login ] We continue to strengthen our commitment to ESG matters through our strategies, initiatives and reporting. It holds important market positions in the Federal Republic of Germany and Austria. Planning Your Nonprofit Annual Report First of all, if creating your nonprofit's annual report is a dreaded chore, take heart and read this case study: We know from our research that you either love it or hate it! Blendax is a major European manufacturer and marketer of health and beauty aids headquartered in Mainz, Germany. Social isolation is just that, isolation, and its not the natural state of being for a collective action organization, so we are working on solutions! 2020 California Community Foundation. Address Because this certification is based wholly on employee feedback, it says a lot about the success of the efforts we have been making. Key drivers for crypto assets include market confidence, adoption, technology and liquidity conditions. Last year, ESG and climate-related product revenue was $98 million, growing from $65 million in 2020. Not a good idea to say how great the year was if it wasnt. Here are over 13 nonprofit annual reports (and what we love about them) to spark your inspiration for the next fiscal year. Kim has written for the Chicago Tribune and The Chronicle of Philanthropy among other publications, and provides writing and editing services to universities, health systems and other nonprofits.
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