Annual Report

FROM OUR BOARD CHAIRMAN AND PRESIDENT AND CEO

In 1980, Nike made its initial public offering on the stock exchange. A $10,000 investment then would be worth more than $20 million today. The same $10K investment in Home Depot a year later would now be worth a whopping $92.5 million.

Right around the same time these powerhouses went public, a small (but mighty) startup made its debut on the local scene. In 1989, six Cape Cod residents established The Cape Cod Foundation. They, too, had $10,000 to invest—not in the stock market, in the community. (That first scholarship, The H.H. Snow Family Scholarship, is still awarded today.) Fast forward three-plus decades, and the Foundation—like a high-performing stock—has distributed more than $100 million in grants and scholarships throughout the community. Talk about compound growth—and 100 million reasons to celebrate our 35th Anniversary.

Our plans for this milestone year included the launch of a major community challenge to build flexible resources to support all aspects of community life; significant Anniversary Grants to strengthen nonprofits working in key impact areas; a new Postsecondary Success Series to provide support for local students beyond scholarship dollars; a panel discussion by experts in the philanthropy field for local funders and donors; and a fun retrospective of the Foundation’s first 35 years.

It’s been an incredible 35 years, 420 months, 12,782 days, 306,768 hours, 18,406,080 minutes, and 1,104,364,800 seconds. And, thanks to a community of support, the Foundation’s clock is still ticking, still building resources and granting opportunities for the community we love.

Patricia Maguire Meservey, Board Chairman
Kristin O’Malley, President and CEO

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