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Our Mission

Embracing Children. Inspiring Lives. Securing Futures.

A Brief History

The Children’s Home Society Foundation, Inc. was established in 1990 to secure charitable gifts and manage endowment gifts on behalf of Children’s Home Society of Florida. The Foundation is an independent, section 501(c)(3) organization that operates exclusively, for charitable purposes, to support CHS, primarily through endowment funds and legacy giving.

Net Assets

In FY2020, the CHS Foundation managed 197 endowments and sub-endowments with net assets totaling $24,973,845.

CHS Foundation Net Assets FY2020

Benefits of Endowment Funds

As the needs of our children and families continue to grow -in scope and complexity – endowment funds help allow CHS to meet those needs.

The Foundation provides  resources for critical research, training and innovations to better serve children and families throughout Florida, providing opportunities that may not otherwise be available.

These funds establish long-term stability, fiscal responsibility, and financial viability so CHS can continue to provide quality services and solutions to children.

The endowments are invested, and a portion of the annual earnings are used to support the purpose of each endowment. The remaining earnings are reinvested to continue growing the endowment’s balance so more children may benefit.

Family Endowment Funds within the Foundation

For decades, many donors have established Named Endowments to continue their families’ legacies and benefit the region or service(s) close to their hearts. These funds are also pooled for investment purposes, and income is either reinvested or used to meet a need aligned with the donors’ designation. (If you’d like to make a contribution to a named endowment, you may do so here; please designate the endowment you are supporting.)

CHS Region-Designated Funds within the Foundation

Each CHS region has an endowment fund intended to generate income to be reinvested in the fund and/or distributed to the region. All regional endowment funds are tracked individually but pooled for investment purposes.

Investment Oversight, Policy and Distributions

The Foundation is overseen by an independent Board of Directors and contracts with professional, independent investment consultants to oversee its investments.

Learn more about gift planning here.

 


 

Frequently Asked Questions

Is the CHS Foundation a part of Children’s Home Society of Florida?

No.  The CHS Foundation has a separate IRS charitable designation, but its sole purpose is to support Children’s Home Society of Florida by raising funds, managing endowment funds and giving financial support to CHS.  The Foundation Board of Directors includes the CHS Board of Directors’ Chair and Vice Chair, as well as the President/CEO, but maintains its standing as a separate entity.

Specifically, how does the CHS Foundation help CHS of Florida financially?

The Foundation fulfills specific purpose grants to support CHS’ strategic goals.  Additionally, the Foundation is guided by a long-term commitment to annually distribute a portion of its investment earnings to each region or program, as designated by donor agreements.

 

The Foundation’s Board of Directors represents communities throughout Florida.

Presently, the members are:

  • Miguel Viyella, Chair & Treasurer (Miami-Dade)
    • Wells Fargo Advisors
  • Charles Cromer, Vice Chair & Secretary (Northeast FL)
    • Charles L Cromer, CPA
  • Robert DeVries (Space Coast)
    • FirstWave Financial
  • Frank J. Gulisano (Palm Beach)
    • Summit Realty
  • Rich Heffley (Big Bend)
    • Heffley & Associates
  • Dale Jacobs (Treasure Coast)
    • Community Leader
  • Laura Kolkman (Suncoast)
    • Mosaica Partners
  • Brand Meyer (Palm Beach)
    • Wells Fargo Advisors
  • Peter Palin (Broward County)
    • Philanthro-Pros, LLC
  • Marty Rubin (Central FL)
    • Smart City
  • Victoria Weber (Big Bend)
    • Hopping Green & Sams

 

For more information, or to learn more about leaving a legacy through the CHS Foundation, please contact Anthony Sudler, Chief Development Officer, Children’s Home Society of Florida, at Anthony.Sudler@chsfl.org.

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