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2014 ANNUAL REPORT FISHER HOUSE FOUNDATION, INC

Fisher House 2014 Annual Report

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Page 1: Fisher House 2014 Annual Report

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2014 ANNUAL REPORTFISHER HOUSE FOUNDATION, INC

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Fisher House Foundation, Inc. is an international not-for-profit organization established to improve the quality of life for members of the military, retirees, Veterans and their families. The Foundation builds comfort homes at military and VA medical centers and gifts them to the government. It assists with the coordination of private support and encourages public support for the network of comfort homes known as “Zachary and Elizabeth M. Fisher Houses.” It works to educate and inform the military and Veterans’ communities, their families and the general public about Fisher Houses and provides necessary support to individual Fisher Houses as needed. Other Quality of Life programs include scholarship programs, a grants program for volunteer organizations with innovative plans for quality of life projects, the “Hero Miles” and “Hotels for Heroes” programs and individual assistance to members of the military and their families during a crisis.

OUR MISSION

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Dear Friends:

The quality of the Fisher House experience is important to all of us. Just as the quality matters in each home we build, it also matters in the work we do to support those homes every day. And I’m proud to say, our 2014 Annual Report reflects that quality.

• On any given night Fisher House can provide a safe haven for more than 830 families.• Our Hero Miles program, which at the end of 2014 had purchased some 56,000 tickets, saved families an estimated

$88 million, since inception.• We increased scholarships to $1.8 million, with half a million in scholarships going to the children of the fallen

and disabled.• Hotels for Heroes, using donated hotel points, provided 1,942 free nights of stay just in 2014.• Last year, we brought in more than 27,000 new donors.• Fisher House was the only American sponsor of the international Invictus Games.

I am privileged to be part of such a great organization, and I want to thank those who continue to support our vital initiatives. Rarely does a week go by when I am not uplifted by a letter, an email, or a story filled with heartfelt thanks from the parents, spouses and children who are a critical part of the healing process of our wounded, injured or ill service members and Veterans.

With heartfelt gratitude,

Chairman & CEOFisher House Foundation

LETTER FROM KENNETH FISHER

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25,000MORE THAN

FAMILIES SERVED IN FISHER HOUSES

45-60IS THE AVERAGE STAY FOR

COMBAT CASUALITIES

10,000NEARLY

HERO MILES TICKETS

630,000NUMBER OF LODGING

DAYS OFFERED

DAYS

2014 IMPACT

10IS THE AVERAGE LENGTH OF STAY

DAYS

DAILY LODGING CAPACITY

FAMILIES848

SAVED IN LODGING AND TRANSPORTATION COSTS TO FAMILIES

$35 MILLIONMORE THAN

2014 IMPACT

SINCE INCEPTION IN 1990

# OF FAMILIES SERVED:OVER 250,000

# OF LODGING DAYS OFFERED:6 MILLION

# OF FISHER HOUSES:65

SAVED FAMILIES MORE THAN

$282 MILLIONIN LODGING AND TRANSPORTATION COSTS

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CONSTRUCTIONThe core of Fisher House Foundation’s mission is its homes for military and Veterans’ families.

In 2014, Fisher Houses were opened at the following locations:• North Florida/South Georgia Veterans Health System,

Gainesville, FL • David Grant USAF Medical Center (second house), Travis Air

Force Base, CASite preparation for Fisher Houses began at:• Joint Base Lewis-McChord, WA (second house)• VA Portland Health Care System, OR• Camp Pendleton, CA• Fort Bragg, NC • Clement J. Zablocki VA Medical Center, WI

The Hero Miles program uses donated airline flyer miles to bring loved ones to the bedside of wounded, injured or ill service members.

• 9,711 tickets in 2014• Savings to the families: over $15 million

Airline Partners: Alaska Airlines Frontier AirlinesAmerican Airlines United AirlinesDelta Air Lines US Airways

The Hotels for Heroes program uses donated hotel points to provide hotel rooms to families of the wounded, injured or ill military service members who are undergoing treatment at authorized medical centers when a Fisher House room is not available.

• 1,942 free nights of stay in 2014• Savings to families: over $300,000

Hotel Partners:AmericInn La Quinta Inns & SuitesBest Western MarriottChoice Hotels WyndhamHilton

2014 IMPACT

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FAMILY PROGRAMS

SCHOLARSHIPS

COMMUNICATIONS

2014 IMPACT

In its 14th year, the Scholarships for Military Children Program awarded 600 scholarships of $2,000 each to sons and daughters of active, retired or reserve military members, for a total of $1.2 million. The Heroes’ Legacy Scholarships program provided $5,000 grants to 108 children of service members killed or severely disabled since Sept. 11, 2001, for a total of $540,000 in scholarship grants. Additionally, Fisher House Foundation contributed $100,000 to the Joanne Holbrook Patton Scholarship for military spouses.

Fisher House Foundation maintains a powerful partnership with the nation’s radio stations. Our three-hour Memorial Day 2014 news/talk show aired on 140 stations, as well as online and via apps like iHeartRadio. The Holiday 2014 country show attracted Garth Brooks as host. The estimated air value of Fisher House’s 3-hour radio programming in 2014 was $1.6 million. Radio audiences also discover Fisher House through year-round interviews on local and syndicated shows, as well as widely-aired public service announcements.

This year, Fisher House Foundation was presented with three Hermes Creative Awards, an international competition for creative professionals. Awards were given for The Patriot magazine and for the Public Service Announcement titled, “A Hero’s Story.”

We could not win these awards without gracious support from Don Schaaf and Friends who help design the magazine, which received two of the three awards, and from David Freed, a Hollywood producer and his team for creating a

captivating Public Service Announcement.

Fisher House Foundation was a sponsor of the London-based, inaugural Invictus Games, led by Prince Harry. Fisher House Foundation was the only American sponsor, and the only charity sponsor for the games. The Foundation also provided uniforms to the US athletes, and support gear to their families in attendance, who were flown to London via our Hero Miles program. Over 160 family members were in attendance.

For the fourth year, Fisher House Foundation supported the Warrior Games, a week-long competition where more than 200 wounded, injured or ill service members and Veterans competed in paralympic sports at the US Olympic Training Center in Colorado Springs. To ensure they were able to support theirloved ones, Fisher House provided flights to the families of participating athletes.

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At Fisher House, we take pride in being fiscally responsible with funds entrusted to us by thousands of individuals and organizations each year.

In 2014, 30% of Fisher House Foundation’s total revenue was given through the generosity of the American people and individuals worldwide, including more than $3.6 million from individuals who left a bequest to Fisher House Foundation.

Organizational support in 2014 accounted for 48% of total giving, including over $15 million of in-kind donations from travel industry partners and over $900,000 from cause-related marketing efforts from a variety of businesses.

2014 marked Team Fisher House’s largestturnout. With 836 runners cheered on by 782cow hat wearing and bell ringing volunteers, Team Fisher House stood out with its signature yellow gear at Marine Corps Historic Half, Navy - Air Force 1/2 Marathon, Air Force Marathon, Army Ten Miler and Marine Corps Marathon.

Day efforts, nearly $1.2 million was raised along with increased public awareness.

The 11th Annual Fisher House Golf Classic raised over $1 million for the Heroes’ Legacy Scholarship program. Held in early May at Lansdowne Resort in Leesburg, Virginia, wounded warriors and Medal of Honor recipients joined corporate VIPs on the golf course. The evening program was emceed by CNN Correspondent Kyra Phillips and CNN White House Correspondent Brianna Keilar.

Fisher House Foundation’s wonderful radio partners moved thousands of listeners to donate through station-hosted radiothons. From Washington, DC’s WMAL December radiothonto California’s Armstrong and Getty Veterans

EVENT HIGHLIGHTS

OUR SUPPORTERS

0%

Organizations

2014 Revenue from our Supporters

Federal

Foundations

Individuals

10% 20% 30% 40% 50% 60%

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In 2014, for the 10th consecutive year, Fisher House Foundation was nationally recognized as a premier non-profit with a four-star Charity Navigator rating, as well as a continued A+ from CharityWatch.

REVENUE & EXPENSESJANUARY 1, 2014 - DECEMBER 31, 2014

Grants and Contributions

Program Services

Loss on disposal of property and equipment

Changes in net assets

Special Events

Management and General

Investment income

Net assets at the beginning of the year

$38,735,070

$2,038,521

($13,170)

$2,700,675

$138,355

$18,151,557

$2,481,755

$14,792,696

$59,588,892

$58,925,148

$44,257,637

$74,381,588

$125,185

$14,667,511

TOTAL SUPPORT & REVENUE

TOTAL EXPENSES

Change in net assets before non-operating items

Donated Goods

Fundraising

REVENUE

EXPENSES

TOTAL NON-OPERATING ITEMS

NET ASSETS AT THE END OF THE YEAR

NON-OPERATING ITEMS

Source: Fisher House Foundation, Inc. Audited Financial Statements.Complete copies of certified public accountant’s report are available on our website.

$39,075,207

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President...........................................................................Chief of Staff.....................................................................Vice President, Communications......................................Vice President, Community Relations and Programs.......Vice President, Operations...............................................Vice President, Consultant................................................Senior Director, Development...........................................

Zachary Fisher (1910-1999)Elizabeth M. Fisher (1913-2004)

Chairman and CEO......................... Vice Chairman ................................ Vice Chairman.................................Vice Chairman.................................Vice Chairman.................................Vice President & Secretary..............CFO and Treasurer..........................

FOUNDERS

OFFICERS

Staff Sergeant Dale Beatty, USA (Ret.)Gerry ByrnePaul W. Bucha General Michael P.C. Carns, USAF (Ret.)James W. CarrierCecily M. CarsonPatricia L. CourterLieutenant General John A. Dubia, USA (Ret.)Martin L. Edelman Tammy FisherBarbara GentryMark “Ranger” JonesLieutenant General Charles S. Mahan, USA (Ret.)David J. McIntyre, Jr. Erin Moseley

Bruce MoslerGeneral Richard B. Myers, USAF (Ret.)Mary Jo MyersA. Jack NickertLynne PaceKyra Phillips William P. PopeSuzie SchwartzLieutenant General Martin R. Steele, USMC (Ret.) General Gordon R. Sullivan, USA (Ret.)Denzel WashingtonPauletta WashingtonGail Berry WestMontel Williams

TRUSTEES

FOUNDATION LEADERSHIPDavid A. CokerMary B. ConsidineKerri ChildressDerek DonovanBrian GawneJames WeiskopfDenise Dolan

Kenneth Fisher Arnold FisherAudrey FisherWinston FisherNancy EdelmanJohn W. Lowe David D. Fox

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Elizabeth and Zachary Fisher are the founders of the Fisher House program. In the early years, Elizabeth and Zachary personally funded more than 20 of the first Fisher Houses. Their legacy continues today with 60+ Fisher Houses in operation. Individuals and organizations

who made gifts of $25,000 or more in 2014 are members of Elizabeth’s Circle and recognized below.

Fisher House WisconsinThe Harry and Jeanette Weinberg Foundation, Inc.The Tina Crowley Revocable TrustUnited Health Foundation

Anonymous (14) Bob Woodruff Foundation Ms. Susan Bring The Cannon Foundation Chesapeake Support our Heroes, Inc.Click Family Foundation Delta Air Lines The Fisher / Nightingale Houses, Inc.Fisher House of the Emerald Coast, Inc.The Frances C. Lordigan Living Trust

Friends of the VA Puget Sound Fisher HouseFriends of Travis Fisher HouseMartin Foundation Masco Corporation FoundationMr. & Mrs. James McGinityMotorola Solutions FoundationThe Pantry, Inc. Procter & Gamble CompanyMr. & Mrs. Steven QuakenbushSAP Public Services, Inc.

The Schoen FoundationTee it up for the Troops, Inc.United Airlines FoundationThe USAA Foundaiton, Inc.Vantage West Credit UnionThe Wohlers Family Foundation

Air Force Fisher House FundReynolds Consumer ProductsRichard A. Lumsden Foundation

($1,000,000 and more)

($100,000 - $499,000)

($500,000 - $999,999)

PRESIDENTIAL

PLATINUM

GOLD

ELIZABETH’S CIRCLE

Because of the generosity of so many who make gifts both large and small, Fisher House continues to serve more families each year. Gifts in all amounts are sincerely appreciated and we would like to extend

our gratitude to all of our generous supporters.

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Alice F. & Cortland J. Knipe Charitable TrustAnonymous (6) Bryan McDonough Military Heroes FoundationCostco Wholesale The Country Club of Sapphire Valley, Inc. DELTA Resources, Inc. Diane and Dorothy Brooks Foundation Ms. Nancy EdelmanFinmeccanicaFinnegan Henderson Farabow Garrett & Dunner, LLP Firestar Diamond, Inc.Harry W. Bass, Jr. Foundation Hospital Corporation of America The Ida K. Daly Revocable Trust Imperial Brands, Inc. Mr. Pliny Jewell, IV Kellogg’s Citizenship FundLAT Apparel

15/40 Productions, LTDA Greater Cause Foundation, Inc. - Kappa Sigma Fraternity The AD Philanthropic FoundationAnonymous (16)The Arthur F. May Irrevocable Trust Axiom Resource Management, Inc.Bank of America Charitable FoundationBath Fitter (an EcoMedia WellnessAd Partner) Bergen Foundation The Boyce Foundation Mrs. Sandy Boyce The Brightwater Fund, Gloria Jarecki CACI, Inc.Carahsoft Technology Corp. CGI Technologies & Solutions, Inc. The Chess Foundation

Linden Root Dickinson Foundation Lockheed Martin - MS2 - Integrated Defense Technologies The Mark P. Norman Charitable Lead Annuity TrustMorningside Foundation FundKahlert Foundation, Inc.National Philanthropic TrustNew Holland Agriculture & ConstructionOshkosh CorporationPGA of AmericaThe Randi & Clifford Lane Foundation, Inc. Richard and Karen MacLeod Charitable Lead Annuity TrustSherwin-WilliamsTennessee Fisher House Foundation, Inc. The Wasily Family FoundationThe Wildflower Foundation, Inc.The Wine Group

The Chrysler Foundation The Commerce Trust Co. Dorothy D. Smith Charitable Foundation Energy Transfer Partners, LPEugene F. McKenney Fund Ferrara Candy Fisher Brothers Foundation Mr. Leslie Goldberg The Henry & Ruth Blaustein Rosenberg Foundation, Inc.ISEC FoundationThe John G. Martin Foundation L-3 Communications CorporationLand of the Free FoundationLockheed MartinModern Technology Solutions, Inc. NAF Finanical Service

Newman’s Own, Inc.The Newport Foundation, Inc.NFC FoundationNorth Star Foundation The R.E. “Bob” & Vivian Smith FoundationReliable Carriers, Inc.Rosland Capital, LLCThe Scrooby Foundation Mr. Darrell W. SimmermanMr. Christopher SpathelfSTR, LLCSutter Health Town of Hampton, New Hampshire Mr. & Mrs. Kurt J. UlrichUnited Concordia DentalVeterans United FoundationYOT Full Circle Foundation

($50,000 - $99,999)

($25,000 - $49,000)

SILVER

PATRIOT

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Fisher House Foundation, IncCorporate Office299 Park Avenue

New York, NY 10171T (212) 940-6875 | F (212) 940-6270

Operations Office111 Rockville Pike, Suite 420Rockville, Maryland 20850

T (301) 294-8560 | F (301) 294-8562Email: [email protected]

www.fisherhouse.org