Annual Report 2010
The year 2010 saw some enormous changes for Kingwood Center. Our entire operation has been changed by the decision to ask users of Kingwood Center to also contribute to its financial support through a parking fee or membership. Other income generating activities are also changing the face of Kingwood including weddings and new special events.
We are committed to preserving the corpus of our endowment and the future of Kingwood Center. To do so we have had to severely cut spending while searching for new sources of income. The good news is that we expect to be in a solid position financially when the economy and the income from our endowment recover, and we have completed development of an assortment of new fund raising activities.
In spite of cut backs we remained in the black. Our income from the Charles Kelley King Trust in 2010 was $800,000. Our combined capital and operating expenses decreased from $1,203,113 in 2008 to $1,043,621 in 2009 and to $942,076 in 2010. Fortunately our income exceeded our expenses, so we remained in the black and ready for recovery.
We are very grateful for our many other sources of income including:
Funds from the Richland County Foundation:
The Kingwood Center Fund: $10,000
The C. Eugene and Sara A. Goin Fund: $3,000
The William and Katherine Jane McCarrick Fund: $1,769
The Rex E. and Marjorie Sue Collins Fund: $1,244
The Roland and Delight Patricia Poth Fund: $2,835
The estate of Sarah E. Mattox left Kingwood $16,740 in 2010 in addition to the $62,500 distributed in 2009.
Michael & Norma McKinley very graciously donated $5,000
The Ohio Daylily Society donated $1,000
The Stanley Smith Horticultural Trust provided $1,800 to help us do a better job of making signs.
A wide assortment of sponsors helped us with special events lead by CenturyLink who provided $1,000.
Our membership program had another banner year in 2010. Net income from membership increased from $35,579 in 2008 to $53,993 in 2009 to $83,947 in 2010. Thank you to all our members and especially to those who increased their membership level and to those who gave at the $1,000 benefactor level.
Our membership list
The Great Pumpkin Glow:
A brand new special event seemed to catch the communities imagination, The Great Pumpkin Glow. Expect it to return in the fall of 2011 in all its glory.
Television:
Kingwood's Plant Talk, a horticultural discussion and call-in program, has moved from the radio to television. Watch us live every Thursday at 7:00 pm on WMFD, on later rebroadcasts, or on-line.
Christmas is back!
After a one year hiatus the mansion was once again decorated for Christmas in 2010. As usual an assortment of local garden clubs contributed their unique talents (and often decorations) to dress the house up for the holidays. The members party was held, the public was invited to see the decorations and enjoy the musical entertainment, and the popular tradition was revived.
Looking Ahead:
2011 will be another lean year at Kingwood, but we are learning so much. While some services and facilities may be limited expect to continue to see glorious gardens, a relaxing atmosphere, lots of opportunities for fun and learning and a new Kingwood Center.
Charles T. Gleaves, Director |
