Message from the Executive Director
2020 was a year of change for the Chautauqua Foundation. The primary responsibility for fundraising returned to the Institution and the Foundation’s fiscal year has changed to align with the calendar year and the Institution’s fiscal year. These changes will minimize the expenses charged to endowment funds, simplify financial reporting and consolidate fundraising under the Institution’s operations. The Foundation will focus even more intensely on the management, growth and use of endowment assets in support of the Chautauqua experience.
The Institution’s new strategic plan, 150 Forward, calls for significant increases in philanthropy. The Foundation will play an active role to advocate for endowment as a critical part of that philanthropic vision, seeking to create and strengthen relationships with individuals and families who have generously supported Chautauqua with a gift to endowment. Our staff and board will continue to be vigilant stewards of the more than 700 endowment funds held by the Foundation, pursuing investment strategies designed to provide consistently strong returns while minimizing risks. We will protect the interests of our donors, ensuring that endowment funds are used appropriately. Finally, we will seek to maximize the Foundation’s support of the Institution and its programs, while at the same time ensuring the perpetual sustainability of our endowment assets.
It’s an honor to serve the Foundation and our donors at this exciting time.
Deborah E. Moore, CPA