Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 2017 Balance Sheet It was a tough investment year that, as Barron’s described was, “…a roller coaster year, to which many investors will likely say, ‘good riddance’.” It was a challenge for long-term investors everywhere, including the Erie County Community Foundation. Nevertheless, net assets were virtually unchanged year-to-year given a dramatic rise in contributions and other support, and our portfolio ended 2015 just shy of $20 million. DECEMBER 31, 2015 DECEMBER 31, 2014 % CHANGE ASSETS Cash and Cash Equivalents 157,311 161,719 Investments at Fair Value 19,108,175 17,993,290 Receivables and Other Assets 658,281 1,797,359 Net Property and Equipment 3,728 6,313 Total Assets $19,927,495 $19,958,681 -0.16 LIABILITIES AND NET ASSETS Grants Payable and Other Liabilities 76,922 118,597 Agency Endowments 2,842,272 3,017,433 Total Liabilities 2,919,194 3,136,031 Net Assets 17,008,301 16,822,651 Total Liabilities and Net Assets $19,927,495 $19,958,681 -0.16 REVENUES Contributions and Other Support 1,542,663 1,730,744 Investment Revenue and Gains/(Losses) (155,706) 916,266 Other Revenue 25,982 24,719 Total Revenue $1,412,939 $2,671,729 -47.12 EXPENSES Grants 802,429 576,279 Program and Other Expenses 424,861 398,485 Total Expenses $1,227,290 $974,764 +25.91 INCREASE/(DECREASE) IN NET ASSETS  $185,649 $1,696,965 -89.06 SCHOLARSHIP FUNDS | Carmen M. Appleby Memorial Scholarship Fund | Sandusky City Schools • William and Gloria Dobish | Samuel R. and Anna M. Barone Charitable Donor Advised Fund in memory of Samuel R. and Anna M. Barone | Anthony and Patricia Barone • Joseph and Barbara Barone • Samuel and Paula Barone • First-Knox National Bank • Gordon and Luisa Barone Gantt • Roland and Carole Zimmerman in memory of Susan Daniel | Carver Family Scholarship Fund | Patricia Callan • Louis and Jan Carver Young | Harry DeLapp Scholarship Fund | Craig W. DeLapp | Goff Perkins High School Scholarship Fund | Marcia L. Goff | Daniel E. and Marjorie A.Hartung Scholarship Fund | Anonymous | Dave Hermes Memorial Scholarship Fund | Didion’s Lawn Care & Landscaping • Paul Fox and Sons Excavating Ltd. • Lori S. Hermes • Alan and Kathy Lawrence • Ronald R. Meisler • Providence Care Center • Elwin and Nancy Sayler • Wellington Implement Co., Inc. • Scott L. Weilnau | Thomas and Dorothy Jackson “Dare to Dream” Scholarship Fund | Daniel W. Jackson | Douglas E. Kidwell Memorial Athletic Scholarship Fund | Gene and Mary Ann Kidwell in memory of Rosalie Hipp, in memory of Louis “Mike” Maschari, in memory of Rob- ert “Bob” Schnittker, in memory of Bernadine “Bernie” Morell, in memory of John “Jack” Freitas, in memory of Cecil Trent, in memory of Anna Hoehne, in memory of Duane “Dewey” Keegan, in memory of Georgia Ann Sanders and Pauline Mackey, in memory of Mary Speir, in memo- ry of Mickey Kosanovich, in memory of Beverly Reynolds, in memory of Roger Kinney • Family of James and Geraldine Kidwell in memory of Linda Raye Owens | Lorraine A. Mellio and Peter P. Mellio Scholarship Fund | Anonymous | Camile Myers Scholarship Fund | Christine Berkey in memory of Brian Davie, in memory of Richard Wennes, in memory of Robert C. Koch Sr., in memory of Carl Boos • Lynette Gilbert | Ohio Athletic Committee Scholarship Fund | Defense Soap • Genoa Wrestling Club • Ronald J. Guerra • Ohio Athletic Committee • Jared and Sarah Opfer | Sandusky High School Alumni Association Scholarship Fund | Mark M. Ott | Saunders/Foss Memorial Scholarship Fund in memory of Michelle Marie Saunders and Ryan Leigh Foss | Craig and Nancy Bulea | Alan Schlessman Scholarship Fund in memory of Alan R. Schlessman | Craig and Nancy Bulea • Daniel and Jill Gies • Thomas Kinsel • Elaine Lichtcsien • Don and Ann Pokorny • Schlessman Family Fund CHARITABLE IMPACT/DONOR ADVISED FUNDS | The Collingwood Family Fund | Richard and Barbara Collingwood | The Randolph J. and Estelle M. Dorn Foundation Special Donor Advised Fund | The Randolph J. and Estelle M. Dorn Foundation | George and Mary Foster Fund | Mark and Candice Bukowski | Kasper Auto Group Fund | Kasper T.S., Inc. dba Kasper Toyota Scion • Toyota Dealer Match Program | Eugene A. and Marilyn K. Koby Fund in memory of Eugene A. Koby | Anonymous • Ron and Martha Abbott • Katherine Autosek • John O. Bacon • Barnes Wendling CPAs, Inc. • Randy and Diane Benner • John and Lois Blanchard • Kelly N. Blanchard • Card Club: Janet Fox Brady, Phyliss Wassner, Ann Portteus, Trudy Schaufler and Laura Semer • Joseph and Phyllis Bransky • Leo and Barbara Brown • Michael and Pamela Brumbaugh • The Officers and Employees of Civista Bank • James and Lisa Crescimano • Ann Dever • John Doller • Rudy and Clara Dracka • Margaret S. Drury • Flynn, Py & Kruse Co., LPA • James and Mary Fosco • James and Sheryl Gray • Roger and Deb Gundlach • Nick and Iris Hahn • James and Janice Heinrich • The John and Marie Hildebrandt Foundation • Ken and Dorothy Hoerig • Douglas and Andrea Hoerig • Frank and Kathy Hohler • Laurie Holt • Irwin Financial Associates, Inc. • Mark and Roberta Kastor • James and Joyce Keane • Kathleen G. Kreidler • Paul and Joann Lang • John and Martha Lublow • The Mack Iron Works Company • Mike and Juanita Magers • Jocelyn M. Maurushat • George and Barbara Mayer • Carl and Ann McGookey • Bunny McGraw • Nancy McKeen • Patricia Mellen • O. E. Meyer Co. • Theresa Miller • Mr. and Mrs. Thomas Miller • Pat and Colleen Murray • John and Carol Payne • Payne, Nickles & Company • Pamela Provo • Charles and Carolyn Rainger • David and Paula Rengel • Jim and Joanne Ruthsatz • Walter and Trude Schaufler • Arland and Laura Semer • Tom and Teresa Sloma • Steve and Kitty Smith • James and Judy Smith • Thomas Steinke, CPA • Dr. Harry A. and Kathlyn Stenzel • Carol S. Steuk • Katherine M. Strayer • Alfred and Deanna Streng • Darlene Veleba • Ruth Villalon • Randy and Melanie Wagner • Wenzinger Financial Services • Lee and Mary Ellen Wieber • Tom and Mary Wolf | Donald and Michael Lenhart Fund | Donald and Michael Lenhart | Kris P. and Johnnie F. Leonhardt Charitable Fund | Kris and Johnnie Leonhardt | Moffitt Family Legacy Donor Advised Fund | John and Jo Moffitt | Michael T. Murray Legacy Donor Advised Fund | Tamara J. Murray in memory of Dr. John Stratton • Gabriel Murray • Michelle Murray • Danielle Murray • Michael Murray | Pay It Forward Fund | Anonymous | Payne Nickles & Company Donor Advised Fund | Payne, Nickles & Company | David and Paula Rengel Legacy Fund | David and Paula Rengel | John E. Rosino Memorial Donor Advised Fund in memory of John E. Rosino | Mr. and Mrs. James L. Rosino • John R. Stock | David E. and Linda S. Speer Family Donor Advised Fund | David and Linda Speer | Melvyn J. and Mary P. Stauffer Donor Advised Fund | Ruth F. Parker in honor of Mel and Mary Stauffer | Ken and Rhonda Watt Donor Advised Fund | Ken and Rhonda Watt | Sparky R. and Catherine A. Weilnau Family Fund | Sparky and Catherine Weilnau