MCCREADY TELFORD FOUNDATION INC
300 Stocker Dr
Richmond KY 40475-0250
Contact Information
Nonprofit MCCREADY TELFORD FOUNDATION INC
Address 300 Stocker Dr
Richmond, KY 40475 0250
Phone (859) 625-1400 224
Fax 859 625-1623
Contact Name Carol Dennhardt
At A Glance
IRS Ruling Year 2004
Other ways to donate, support, or volunteer

All gifts are testaments of the passion individuals have for the work of the McCready-Telford Foundation and are appreciated and recognized by the entire St. Andrews Retirement Community. In general, there are numerous and convenient ways in which to support our mission including cash gifts, pledges, gifts in honor or memory of, and planned gifts. General types of gifts include personal or business cash or checks, matching gifts, gifts of appreciated securities, stock, real estate, life insurance, bequests, charitable lead trusts, and charitable remainder trusts.

Ongoing fundraising activities include our Tree of Life displays at McCready Manor and Telford Terrace. Your golden leaf is inscribed with the text of your choice and placed on the tree for permanent display.

In 2010 the McCready-Telford Foundation Legacy Society was formed to recognize those who designate the Foundation in their wills, make a one-time gift, or have cumulative gifts over a period of time.   

Various fundraisers are planned throughout the year all contingent on campaigns implemented. 

The major Foundation volunteer opportunity is participate with the Board of Directors.

The Foundation office is available to assist you and answer any questions you may have. Contact:

Carol Dennhardt

Executive Director, McCready-Telford Foundation

300 Stocker Drive

Richmond, KY 40475

859-625-1400

Email: cdennhardt@standrewsplace.org

 



Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Statements
Mission Statement
The Mission of the McCready-Telford Foundation is to support, promote and advance mutual goals of the McCready Manor Telford Terrace community by managing and allocating endowment funds through fund-raising and philanthropic giving programs. 
Background Statement

The McCready-Telford Foundation was established in 2004 in order to advance the mutual goals of McCready Manor and Telford Terrace residents. This retirement community owes its existence to Stephen and Isabel Bennett McCready. Stephen French McCready left a memorial bequest to honor his wife, Isabel, “to be used to found or enlarge or endow a nursing and retirement community.” The First Presbyterian Church was charged with founding a Richmond home for the elderly. The idea advanced and three other Richmond churches, First Baptist, First Christian and the First United Methodist Church joined forces to build this Continuum of Care Community. The St. Andrews Retirement Community concept was developed in order to provide adequate and affordable housing for middle-income retirees. Daily evidence is available to understand this remarkable and caring housing for senior citizens.

At present, there are seventy-five condominiums, a seventy-three unit assisted living apartment facility (McCready Manor) and a fifty-bed full service nursing facility (Telford Terrace).

The retirement community has approximately 250 residents at any given time. Residents live as independently as possible until time when assistance is needed and available. This retirement community provides compassionate care as a supportive ecumenical mission to the larger community in Richmond, located in Madison County and throughout the region. Adopting a holistic approach, this retirement community offers an environment that fosters independence and physical, spiritual and emotional health since first opening its doors.

Overall, this community owes its existence to personal and financial assistance from many people over the years. The Foundation’s Board of Directors strives to advance the mission of the community along with preserving the history of the Stephen and Isabel Bennett McCready Bequest. Their dream became a reality and their Legacy defined.

Impact Statement
2015-2016 past accomplishments: 
The McCready-Telford Foundation Legacy Society recognized six new members at the annual reception. 
 
Board  rewrote and approved new mission statement.
Board revised and approved new Bylaws.
   
2016 top goals:
To identify 4 - 6 new Legacy Society members.
 
To develop an annual appeal structure. 
 
To identify ongoing local community rewards programs for non-profits. 
 
To update the Foundation Policies and Planned Giving Documents.
 
To increase board membership by two.   
 
 
 
 
 
 
 
Needs Statement
The first priority is raising funds for the Foundation, including emphasis on planned giving and an annual giving opportunity. 
 
Attention is being given to increasing the number of Foundation Board members including representation from new sectors - to achieve a balanced group of individuals. 
 
Research, prioritize, and implement a specific campaign that will benefit all the residents who reside at the St. Andrews Retirement Community.
 
To increase our giving opportunities through online donations.
 
To increase our general social media activities to attract current and future supporters.   
 
 
 
 
 
CEO/Executive Director Statement
This organizational profile is for the McCready-Telford Foundation only.  Thus much of the information requested will not be relevant.  The actual work of the St. Andrews Retirement Community is handled by the volunteers and staff of McCready Manor Inc., a separate organization.
Board Chair Statement

Message prepared by: 

Doug Whitlock

President Emeritus

Eastern Kentucky University

President McCready Manor, Inc., St. Andrews Retirement Community, Inc. 

Simply put, the goal of the McCready-Telford Foundation is to improve the quality of life for the residents of McCready Manor, an assisted living facility, and Telford Terrace, a personal care/nursing home facility.  We are proud of the fact that Telford Terrace is a five-star rated facility by the Commonwealth of Kentucky.   The Foundation recently completed a successful campaign to raise funds to buy an emergency generator to serve McCready Manor and Telford Terrace in the event of a power outage, helping guarantee both the comfort and safety of the residents.    McCready Manor and Telford Terrance are components of the larger St. Andrews Place Retirement Community, a Continuum of Care Retirement Community (CCRC).    The challenges faced by this organization include planning for future development and expansion of the assisted living and personal care resources, the provision of Home Health Care Services, and consideration of other programs and services.   Long range planning is underway to address some of these issues and the Home Health Care licensure process is well underway. 

My personal involvement for this organization and my passion for what it does is rooted in several ways.   Firstly, the organization was begun through the cooperation of four local churches, including the one my family attends.  I have always considered the work done by St. Andrews, McCready Manor, and Telford Terrace to be an important ministry to the community.   Secondly, I am a retired university president and think it is good for me to remain active and have something productive with which to occupy my mind.   Lastly, I see service on this board as an excellent way to give back to the community that nurtured me at every turn as I was growing up, being educated, and spending my professional live.

Service Categories
Secondary Organization Category Housing, Shelter / Senior Citizens' Housing, Retirement Communities
Tertiary Organization Category Housing, Shelter / Senior Citizens' Housing, Retirement Communities
Geographic Areas Served
Areas
National
There are no geographic limits for those applying to live her or buy condominiums.  Currently most residents are from Kentucky, but a significant number come from states across the US. 
Board Chair
Board Chair Mrs. Jane Gordon
Company Affiliation Community Volunteer
Term June 2016 to June 2019
Board Members
NameAffiliationStatus
Mrs. Sandra Ganter RetiredVoting
Mrs. Jane Gordon Community Volunteer
Mr. David Graham RetiredVoting
Mr. John Hamilton Kentucky BankVoting
Mrs. Kay McCarty Community Volunteer
Mrs. Jenny McWilliams RetiredVoting
Mrs. Melinda Murphy Community Volunteer
Mrs. Kathy Palmer community volunteerVoting
Mr. Forniss Park Community Volunteer
Mr. David Reimold community volunteerVoting
Mr. Doug Thompson RetiredVoting
Mr. Douglas Whitlock RetiredExofficio
Mrs. Wilma Wollenweber RetiredVoting
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 13
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 6
Female 7
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 95%
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Percentage Making In-Kind Contributions 25%
Constituency Includes Client Representation Yes
Number of Full Board Meetings Annually 10
Board Co-Chair
Board CoChair Mr. David Reimold
Company Affiliation Retired
Term June 2016 to June 2019
Standing Committees
Board Governance
Finance
Investment
Comments
CEO Comments

The McCready-Telford Foundation Board has a standing Governance Committee which consists of three directors and the Executive Director, Foundation. The chair is a board director who is responsible for holding at least two meetings per year. The board is basically smooth-running and seen as fulfilling the responsibilities originally set for the Foundation. All board members go through an orientation session in which all aspects of board membership is reviewed. A job description is presented and discussed with each director during their initial interview – before the full board votes the person in. 

The challenges we face are not unique in board management. 

With this being said, the opportunities include working with the new board governance committee members to set goals of recruiting individuals to make up a balanced and well-equipped board; start an evaluation process to consider re-election; increase the initial and ongoing board education process; and establish a more effective way to communicate in between meetings to keep board directors apprised of activities. 

Overall, this committee has the distinct opportunity to ensure the board is doing its job and doing it well. 

CEO/Executive Director
Executive Director Ms. Carol Ann Dennhardt
Term Start Nov 2015
Email cdennhardt@standrewsplace.org
Experience

 

Carol Ann Dennhardt

www.linkedin.com/pub/carol-a-dennhardt/23/9a0/410

PROFESSIONAL EXPERIENCE:

McCready-Telford Foundation Executive Director

St. Andrews Retirement Community, Richmond, KY                 November 2015 – Present

Kentucky State Park Assistant

White Hall State Historic Site, Richmond, KY                                    April 2015 – October 2015

Independent Representative for Silpada Designs

Silpada Designs (Lenexa, KS based), Richmond, KY                          May 2012 – present

Assistant Development Director/Director, Tri-States Audio Information Services

Western Illinois University, Macomb, IL                                                 July 1993 – September 2011

Coordinator, Personal Reader Service

Western Illinois University, Macomb, IL                                       December 1991 – June 1993

Administrative Assistant/Resident Services Director

Wesley Village Retirement Center, Macomb, IL                                   June 1988 – November 1991

Accounts Payable Clerk

Moline Consumers Company, Moline, IL                                           March 1980 – May 1988

Program Coordinator

Rock Island County Association/Retarded Citizens, Moline, IL            June 1978 – February 1980



 

Co-CEO
Experience NA
Staff
Full Time Staff 0
Part Time Staff 1
Volunteers 12
Contractors 0
Retention Rate 0%
Staff Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 1
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Staff Demographics - Gender
Male 0
Female 1
Unspecified 0
Former CEOs
NameTerm
Stephanie Harris May 2010 - June
Jessica Hartman Sept 2007 - Jan
Description
The priority for the Foundation is to identity and implement new and ongoing fundraising activities.  Current contributions are made to the Tree of Life, as memorials, and through planned giving.
 
From time to time, funding is requested for specific projects, particularly for capital needs.
 
Budget $0
Category
Population Served , ,
Program Comments
CEO Comments
Note:  There are no regular or monthly expenses for the Foundation because the staff and office are covered by McCready Manor, Inc.
Plans & Policies
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Management Succession Plan? Under Development
Organization Policy and Procedures Under Development
Nondiscrimination Policy No
Whistleblower Policy No
Document Destruction Policy No
Collaborations
The Foundation is always in the process of developing a network of professionals from the area.  Examples include benchmarking with other facilities and groups such as the Madison County Estate Planning Council. 
Financials
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start July 01, 2015
Fiscal Year End June 30, 2016
Projected Revenue $25,000.00
Projected Expenses $15,000.00
Spending Policy N/A
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified$0$0$0
Individual Contributions$24,780$75,689$82,357
$0$0$0
$0$0$0
Investment Income, Net of Losses$17,491$10,387$9,898
Membership Dues$0$0$0
Special Events$0$0$0
Revenue In-Kind$0$0$0
Other$0$0$0
Expense Allocation
Fiscal Year201620152014
Program Expense$0$0$0
Administration Expense$0$0$0
Fundraising Expense$0$0$0
Payments to Affiliates------
Total Revenue/Total Expenses0.390.3226.10
Program Expense/Total Expenses0%0%0%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$403,223$468,216$652,257
Current Assets$403,223$468,216$652,257
Long-Term Liabilities$0$0$0
Current Liabilities$0$0$0
Total Net Assets$403,223$468,216$652,257
Form 990s
2016 Form 990
2015 Form 990
2014 Form 990
2013 Form 990
2012 Form 990
2011 Form 990
2010 Form 990
2009 990EZ
2008 990EZ
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? Yes
State Registration Yes
Comments
CEO Comments
The Treasurer, a banker, maintains excellent records which the Board reviews each month.  At the end of the fiscal year, he provides an overview of the past year.  A member of the Investment Committee also provides a review annually.  Since the financials are basically contributions, pass through funds and investments, the data is quite straight-forward.  Contributions are also recorded by the Executive Director on Exceed! software.
Address 300 Stocker Dr
Richmond, KY 404750250
Primary Phone 859 625-1400 224
CEO/Executive Director Ms. Carol Ann Dennhardt
Board Chair Mrs. Jane Gordon
Board Chair Company Affiliation Community Volunteer