[Page 1] Five years and counting...

Five years ago, the new San Angelo Area Foundation asked me to be its first president and chief executive officer, an offer I still consider the privilege of a lifetime. It is truly hard to believe all has transpired since. Here are a few highlights:

• Assets have grown to more than $50 million.
• More than 2,000 different donors have made contributions.
• More than 350 scholarships have been awarded.
• More than 150 organizations have benefited from foundation grants.
• More than $5 million has been given away in grants and scholarships.

Particularly inspiring, our endowed funds will continue to give forever! The combined gifts from more than 2,000 donors of $48 million dollars have been wisely invested, allowing the foundation to give away more than $5 million dollars and grow the assets to an excess of $50 million dollars. This truly reflects the goal of charitable endowments at the San Angelo Area Foundation.

I invite you to review this profile and contact us if we can serve you in your charitable endeavors.

Each of us at the foundation wishes you and your family a very Merry Christmas and a prosperous New Year.

Matt Lewis
President & CEO, San Angelo Area Foundation

San Angelo Area Foundation Profile

• Nonprofit community foundation organized in 2002.
• Steward of permanent endowed funds for diverse charitable purposes.
• Total assets of $50 million as of November 2007.
• Invested for long-term, risk-averse performance.
• Focused on serving San Angelo and surrounding 16 counties.
• Led by community leaders with a vision of perpetual philanthropy.
• Experienced in challenges of nonprofit financial management.

Next: Types of charitable funds; types of gifts