2014 Annual Report A Message from the Chair Dear Colleagues: We are pleased to share with you the 2014 Annual Report for Northrop Grumman’s Employees Charity Organization (ECHO). Our financial results show that employees’ contributions to ECHO helped improve the lives of thousands of people in communities across the United States. In 2014, employees donated a total of $2,115,192. This included $1,862,348 to employee-designated charities and $252,842 to the ECHO Community Outreach Fund. All ECHO program costs were covered by Northrop Grumman, ensuring that 100 percent of employees’ donations went directly to charity. Contributions to our Community Outreach Funds were directed to organizations that help meet critical community needs like providing emergency food, shelter and clothing, caring for the elderly, providing educational and arts programs for atrisk youth, supporting military and veterans, and providing medical assistance and counseling services. Volunteers dedicated hundreds of hours to investigating grant requests for the Community Outreach Fund and managing its resources. The ECHO organization expanded and now includes the Melbourne, St. Augustine and surrounding communities in Florida. A list of some of the organizations supported by the 2014 Community Outreach Fund is included in this report. Due to the continuing changing economic times with individual funding decreasing, and funding demands continue to increase it is our duty to grow and maintain ECHO participation. By spreading the word about ECHO, you too can help raise awareness and increase participation. Please join us as we strive to lift the lives of others through collective giving. 2014 ECHO highlights: • The Alan Dare Fund, bequeathed from employee Alan Dare to ECHO, provided support to: o Holiday Giving Program — $22K Thank you for your contributions to ECHO. We look forward to another successful year and to your continued support. Together we can make a difference in our communities. 2013/2014 ECHO Board Chair Jeanne Sinsheimer 2013/2014 ECHO Board Chair Percentage of Community Outreach Fund Grants by Category Militiary 4% Human Services 49% Youth Education 10% 15% Environment 3% Holiday Giving 12% Health 7% Education Environment Health Holiday Giving Human Services Militiary Youth The Annual Report lists several grants made by ECHO’s Community Outreach Funds. For assistance please contact our ECHO Office 703-280-2771 or E-mail: [email protected] Listed below some of the nonprofit organizations that received a General Fund grant in 2014. Huntsville, AL Family Services Center, Inc.................................. $1,000.00 Decatur Youth Symphony..................................... $513.00 Huntsville Inner City Learning Center................... $1,000.00 United Cerebral Palsy........................................... $1,000.00 Total $3,513.00 Metro D.C. Area AAHC, Inc............................................................ $2,000.00 Unity Health Care, Inc.......................................... $1,000.00 Bite Me Cancer, Inc............................................. $1,200.00 United Community Ministries, Inc......................... $1,200.00 Legal Information Network for Cancer................. $1,000.00 American Humane Association............................. $1,500.00 SCAN of Northern Virginia................................... $1,200.00 Columbia Lighthouse for the Blind........................ $1,177.14 Total $10,277.14 Los Angeles/Orange Counties, CA Shakespeare by the Sea....................................... $1,000.00 The Marianne Frostig Center of Educational Therapy............................................ $2,035.00 Arts & Services for Disabled................................ $2,000.00 Amigos Sin Barreras - Friends Without Barriers.... $2,170.00 Open Paths Counseling Center............................. $1,600.00 Jewish Family and Children’s Service................... $2,000.00 Angel Flight West, Inc.......................................... $2,500.00 West Valley Boys & Girls Club............................. $1,500.00 FRIENDS OF CABRILLO MARINE AQUARIUM...... $1,625.00 GrowingGreat...................................................... $1,500.00 Neighborhood Homework House........................... $1,500.00 Mychal’s Learning Place...................................... $1,100.00 Casa Teresa, Inc.................................................. $1,800.00 Long Beach BLAST.............................................. $1,400.00 Integrated Rehabilitation Therapies, Inc............... $800.00 Hollenbeck Police Activities League...................... $800.00 Volunteer Center.................................................. $1,000.00 EmpowHer Institute............................................. $1,250.00 Midnight Mission................................................. $1,300.00 Torrance-South Bay YMCA.................................. $1,000.00 South Bay Children’s Health Center Association... $900.00 Hands for Hope.................................................... $950.00 EngAGE............................................................... $1,000.00 Food Finders, Inc.................................................. $1,800.00 UCLA Health Systems People Animal Connection. $1,300.00 Junior Blind of America........................................ $1,100.00 AmeriCares.......................................................... $2,020.50 St. Barnabas Senior Center of Los Angeles.......... $1,600.00 Shoes That Fit..................................................... $1,000.00 Los Angeles House of Ruth.................................. $2,200.00 ICEC.................................................................... $1,000.00 Ronald McDonald House Charities of Southern California (RMHCSC)............................. $1,400.00 Switzer Center..................................................... $1,200.00 Los Angeles Regional Food Bank.......................... $2,200.00 Total..................................................................$49,550.50 Aurora/Denver, CO Birthday Smiles, Inc............................................. $890.00 The Gathering Place............................................. $891.00 Summer Scholars................................................. $891.00 Total $2,672.00 Sacramento/San Jose, CA Northern California Community Development Corporation..................................... $714.40 Children’s Receiving Home of Sacramento............ $714.40 CARE 4 MY LAMBS INC...................................... $714.40 Rock-it Science Educationally Useful Programs, Inc............................................ $714.40 Total $2,857.60 San Diego, CA Voices for Children............................................... $2,500.00 Casa de Amparo.................................................. $3,000.00 Vista Community Clinic........................................ $3,000.00 Mama’s Kitchen, Inc............................................ $2,931.00 Partnerships With Industry................................... $2,500.00 Total $13,931.00 Baltimore, MD Soldiers Undertaking Disabled Scuba Diving, Inc................................................. $3,000.00 SMILE Ecumenical Ministries............................... $1,000.00 Creating Communities Corp.................................. $5,000.00 Best Buddies International, Inc............................. $4,000.00 Art with a Heart.................................................. $4,000.00 TRRC INC............................................................ $7,824.00 Second Chance, Inc............................................. $5,000.00 First Fruits Farm, Inc............................................ $2,712.00 HOPE, Inc............................................................ $5,000.00 House of the Good Shepherd................................ $5,000.00 Total................................................................... $42,536.00 San Bernardino, CA Olive Crest of the Inland Empire........................... $2,000.00 San Bernardino Children’s Benefit Association..... $1,799.00 Second Harvest Food Bank.................................. $1,000.00 Total $4,799.00 Colorado Springs Kids on Bikes....................................................... $554.00 CASA of the Pikes Peak Region, Inc. ................... $550.00 Total $1,104.00 Rolling Meadows, IL CENTER ON HALSTED......................................... $1,330.00 Palatine Assisting Through Hope.......................... $1,500.00 Sarah’s Inn.......................................................... $1,500.00 Total $4,330.00 Grand Total $135,569.64 2014 General Fund Committee Volunteers Los Angeles/Orange Counties, CA Matthews, Amy Glock, Phyllis Young, Wendell Suh, Frank Aguirre, Liz Bekeleski, Vicky Clement, Cindy Facchine, Matthew Putnam, Fran Haines, Precious Matthews, Amy McGuirk, Jeanne Ostensoe, Peter Walker, Tracy Uphoff, Bill Kriebel, Mary Aurelio, Nicole Clements, Tina Glock, Phyllis Keese, Tom Ellington, Annamarie Hawthorne, Joe Kubota, Cheryl Murphy, Chris Sinsheimer, Jeanne St. Rock, John Phyllis Glock Aurelio, Nicole Matthews, Amy Reineking, Maria Rhoad, Debra Young, Wendell Huntsville, Al Parks, Barb Fry, Howard Moxley, Theresa Ostensoe, Peter Sherwood, Anna Wiles, Karon Reynolds, Lawanda Aurora, CO Gutierrez, Karen Harlan, Cheri Henderson, Pam Schmidt, Greg San Diego, CA Nani, Terry Bunnell, David Fitzgerald, Kent Jorgensen, Kathy Colorado Springs, CO Zipfel, Angela Anderson, Justin Landis, Kathy Roach, Loren Rolling Meadows, IL Bekeleski, Vicky Hamilton, Ellen Pefley, Mike San Bernardino, CA Perine, Joe Miller, Diane Baltimore, MD McGuirk, Jeanne Baker, Stephanie Blair, Emily Brandt, Eva Cartney, Doug Davis, Kimberly Edgar, Jeffry Evans, Barbara Goodwin, Jeannette Henry, Bernadette Parker, Ashley Pinos, Napoleon Metro D.C. Area Walker, Tracy Bowman, Gary N. Hopp-Ricker, Rebecca Smith, Lynn M. Wollett, Audrey San Jose/Sacramento, CA Libonati, Leslie Head, Lori 2014 ECHO Board of Directors Sinsheimer, Jeanne, Chair Matthews, Amy, Vice Chair Glock, Phyllis, Secretary Young, Wendell, Treasurer Suh, Frank, Assistant Treasurer Aguirre, Liz, Board Member Bekeleski, Vicky, Boardd Member Clement, Cindy, Board Member Facchine, Matthew, Board Member Putnam, Fran, Board Member Haines, Precious, Board Member McGuirk, Jeanne, Board Member Ostensoe, Peter, Board Member Walker, Tracy, Board Member Uphoff, Bill, Board Member Eric Wilson, Manager, ECHO Carleen Beste, ECHO Advisor Statement of Assets December 31st 2014 as reported for tax Cash in Bank Investments Total Assets Grants Payable $949,715.00 $ 377,645.88 $1,327,361.53 ($897,162.07) Net Assets $448,199.46 Cash Donations Interest and investment income Payroll Deductions Total Income $30,409.59 $42,833.60 $2,115,686.00 $2,188,929.19 Total Expenses Revenue in excess of expenses $2,199,083.27 $10,157.08 ECHO’s grant administration review process and disbursement of Community Outreach Fund grants to worthy and qualifying charities sometimes create timing differences between the year the funds were collected through payroll deductions and when they are disbursed. This is reflected in the changes in net revenues collected over expenses paid from year to year.
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