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The Community Forward Fund and Lyle S. Hallman Foundation announce collaborationCombining financial know-how with local experience is crucial
The Lyle S. Hallman Foundation (LSHF) and the Community Forward Fund (CFF) will be working together to increase financing options for the charitable sector. The Lyle S. Hallman Foundation’s board of trustees has expressed interest in committing $2 million in capital to provide loans for nonprofits and charities in Waterloo Region. The Community Forward Fund is a new initiative that brings extensive expertise in loan application reviews, due diligence and financial coaching services.
LSHF Executive Director Laura Manning states, “The Community Forward Fund’s focus on regional partners was an important element in our decision to get involved. We know that organizations in this area are innovative and entrepreneurial. They should have access to a full range of financing options in order to meet current and future challenges, and be able to achieve their goals. CFF offers not only loan services, but also financial coaching and a deep understanding of nonprofits. This made them an excellent fit for us. ”
Because loans historically are not easily accessible to a large portion of the nonprofit and charitable sectors, LSHF, in partnership with CFF and the Kitchener-Waterloo Community Foundation, recently conducted a survey of local organizations to gauge their interest in loans. The return rate itself was amazing, with more than 50 organizations responding. The organizations clearly indicated an interest in financing and financial education. As a result, The Kitchener and Waterloo Community Foundation, the Lyle S. Hallman Foundation and CFF held an education workshop in early October that filled up to full capacity within days. CFF is looking forward to following up with interested participants and with other organizations that would like to participate.
CFF President and CEO Nora Sobolov adds, “We are pleased to see the response to our workshop and inspired by the incredible stories of nonprofit resilience and the great management and staff attending. We look forward to working with the Lyle S. Hallman Foundation in making financing and services available in the Region of Waterloo.”
Lyle S. Hallman Foundation Supports Central Library Fundraising Campaign
The Lyle S. Hallman Foundation has approved a significant grant in support of the evolve. literally. Central Library fundraising campaign.
In making the $50,000 contribution, the Foundation’s Board has respected the wishes of its founder and namesake, the late Lyle Hallman. Mr. Hallman’s desire to create opportunities for recreation and character building programmes, particularly for children and youth of low-income families, is addressed by the Foundation’s Children and Youth Capital Grant Programme through which KPL’s grant has been made.
Kitchener Public Library will use the funds to establish a Discovery Zone within the renovated and expanded Children’s Department. Through fun, hands-on activities, pre-schoolers will learn fundamental pre-literacy skills in an accessible and welcoming atmosphere. Caregivers will also have access to expertly designed take home exercises that will build upon the skills introduced at the Library. Strong literacy skills, encouraged early, and higher potential go hand in hand.
Kitchener Public Library thanks the Lyle S. Hallman Foundation for investing in brighter futures through this generous gift.
For more information about the evolve. literally. campaign in support of the Central Library, please contact Paul Dickson via email at Paul.Dickson@kpl.org or call 519-743-0271 ext. 278.
From left to right: Hulene Montgomery, Executive Director of the Lyle S. Hallman Foundation, Foundation Chair Jim Hallman, KPL Board Chair Dan Carli, and KPL CEO Sonia Lewis after the Foundation announced a grant in support of the KPL Children’s Department.
Little one, Zoe Harrison, gets a head start on developing her literacy skills. She’s joined by Hulene Montgomery and Jim Hallman of the Lyle S. Hallman Foundation.
Lyle S. Hallman Foundation Appoints New Executive Director
(effective June 20, 2011)
The Trustees of the Lyle S. Hallman Foundation are very pleased to announce the appointment of Laura Manning as their new Executive Director.
Laura Manning comes to the Foundation from her recent role as Director of Advancement at the Health Sciences Campus & School of Pharmacy at the University of Waterloo. Ms. Manning is a deeply committed leader within Waterloo Region and a management executive with over 16 years of experience in the regulated charitable sector. Her many voluntary contributions include work with ‘LEAF: Women’s Legal Education & Action Fund’; serving as a board member with ‘Community Justice Initiatives’ and as past President of the Board of Director at ‘YWCA Cambridge’. Laura is also a sought after conference/workshop speaker on topics related to leadership effectiveness, board governance and fundraising.
Jim Hallman, acting chair of the Foundation reflects on the appointment: “We look forward to Laura’s collaborative style of leadership guiding our Foundation in fulfilling its mandate within Waterloo Region. She will help us face new challenges and new growth opportunities with mature energy and an innovative spirit.”
The Lyle S. Hallman Foundation is a granting foundation that supports health, education and children’s initiatives within Waterloo Region. As he reflected on his late father, Lyle S. Hallman’s deep-rooted sense of responsibility to his community, Jim said that “Laura will guide us in being both responsive and proactive within an integrated and community-based approach – hallmarks of my father’s engaged philanthropy.”
The appointment will take effect June 20, 2011 when the current Executive Director, Hulene Montgomery, retires.
Kids to Camp gets a big boost
By Valerie Hill, Record staff
March 28, 2011
KITCHENER — In the past three years, 1,000 children have experienced the joy of summer camps thanks to a partnership between the Lyle S. Hallman Foundation and its funding partner, the Waterloo Region Record.
Financial Review Process Article
For the Lyle S. Hallman Foundation
Submitted by Jennifer King
It’s 8:30 p.m. and in an upper-floor classroom in Hagey Hall at the University of Waterloo, about 20 fourth-year accounting students are carefully reviewing a batch of financial statements that show absolutely no profit. The statements are not snapshots of underperforming corporations. They are from non-profits applying to two local foundations for grants and the students are part of a volunteer team brought together to learn about and analyze their financial health.
The Foundation extends its sympathy to the family of Lynda Silvester.
Lynda Silvester, the co-founder of Strong Start passed away the morning of July 22, 2010 after a courageous battle with cancer. The Foundation extends its sincere condolences to Lynda’s husband, Ken, and her family.
Lynda was recently honoured at the Mayors’ Dinner for her contributions to children’s development as an educator, as the founder of Strong Start, a children’s literacy program and for her role as a community leader in encouraging more collaborative planning for children’s services.
In April 2010, Jim Hallman, Chair of the Lyle S. Hallman Foundation announced the establishment of the Lynda Silvester Award "Community Collaboration for Children" to honour and continue Lynda’s legacy. http://www.lshallmanfdn.org/grant_programs/childrens_initiatives/Lynda.cfm
New education and training opportunity
"Senior Leadership & Management" in the Not-For-Profit Sector" is being offered by Conestoga College