Professional Documents
Culture Documents
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Our Mission:
Changing the way America cares for
children,
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A good analogy would be a student who learns everything in English in seventh grade, then finds out his eighth-grade classes will be taught in another language. That student would have to start over and relearn a new system. This is what happens when care is not provided through a true integrated continuum of services. Add to this the sheer numbers of children and families in need, which overwhelm and overload treatment providers; funding shortages; and a fragmented childcare system. Inevitably, the quality and availability of care suffers at the local, state and national level. Every family faces unique challenges. Every child has different needs. Our Integrated Continuum of Care ensures
that those in need receive the right care, at the right time, in the right way. That way, more children and families can get better and experience lasting change. As one of the nations largest and most respected care organizations, Boys Town is positioning itself as a provider and promoter of programs that deliver effective and cost-efficient care to children and families. This enables us to get the greatest results from your generous donations. Just as we help children and families heal, Boys Town is developing ways to mend and revitalize the current system of care so more children and families in need can experience quality treatment and lifechanging results.
unique
challenges.
Every child has
and
cost-
Unifying Elements for All Levels of Care Safety, permanency and Well-Being
Family engagement Safety, Permanency and Well-Being Religion and Faith Family Engagement Behavioral and Medical Research Religion and Faith Behavioral and Medical Research
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whenever possible.
In-Home Family Services
focus
on preventing
children from being placed outside the home and/ or
reunifying
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children theyve
cared for
can
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patti Smith
most
common call from parents involves children not following the rules.
Patti and Scott Smith turned to the Hotline when
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receive a
influential
After taking an initial impression of now routinely used Abigails ears, and selecting the make and model most appropriate for her across the country. hearing loss, Abigail was fitted with her hearing aids before she was 3 months old. At 12 months, Abigail began working with a speech pathologist. She is now attending a pre-kindergarten class in her neighborhood. Abigail absolutely loves her pink glitter hearing aids, said Rita. She calls them her ears.
For information and resources on hearing loss in infants and young children, please visit babyhearing.org.
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The site provides donors with a quick, easy way to stay informed about the valuable work Boys Town is doing every day to save Americas children and heal Americas families. Visit www.boystown.org today and re-discover Boys Town!
Seventy percent will quit by age 13, and never go back. Those who decide to stop playing say sports isnt fun anymore, their coaches played favorites or were too negative, or there was too much pressure. Through his Competing with Character program and book, Boys Town Coach Kevin Kush offers practical and innovative ways to keep kids in the game and make competition healthy, fun and rewarding. And he illustrates what youth sports can and should be an opportunity for kids to learn valuable lessons that last a lifetime. In 2009, Coach Kush began presenting the program to coaches, parents and young athletes, providing effective, practical ways to put fun, values and sportsmanship back into kids games. In an entertaining, informative one-anda-half-hour session, he lays out a game plan of specific strategies and skills for promoting sportsmanship, respect and fair play in youth sports. Through Competing with Character, Boys Town is teaching kids life lessons like overcoming adversity, contributing as part of a team and seeing how hard work and determination can lead to success.
Nebraska Family Helpline and Family Navigator Service Answer the Call
One phone call can now connect Nebraska families to the help they need when dealing with their childrens behavioral health problems. The Nebraska Family Helpline at (888) 866-8660 makes it easier for families to obtain assistance by providing a single contact point 24 hours a day, 7 days a week. Trained Helpline operators screen calls to assess immediate safety needs, identify the potential level of a behavioral health crisis, make recommendations or referrals to appropriate resources, and help callers connect to emergency resources or providers. The Helpline is supervised by licensed behavioral health professionals. Family Helpline operators also can connect eligible families to the Family Navigator Service. This service helps families move through Nebraskas child- and family-care system more efficiently to get the assistance they need. Available within 24 to 72 hours after a Helpline referral, Family Navigator helps families identify existing community-based services and provides support from people who have had personal experience in the system. The Nebraska Department of Health and Human Services is contracting with Boys Town to provide both programs.
21,458
children nationwide
through its youth care programs in 2009. Boys Town health care programs provided direct care to
82,387
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a special donor
Mary Demetree
Demetrees
she
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donor appreciation
You play a critical role in helping hope grow. We ask you to continue to help us bring healing to Americas hurting children and at-risk families. If you are already a part of our mission, Thank You. Your support helps Boys Town bring help to so many across the United States. We remember each of you in our thoughts and prayers; please do the same for all children who face tomorrow without hope.
ESTATE GIFTS
$10,000+
The Alton Foundation, IL Miss Irene C. Ambrosius, FL Mr. George C. August, OR Mrs. Alexander W. Baan, GA Alfred Bagley, PA Mrs. K. F. Ballard, WA Mr. Frank S. Barks, TX Mr. Edward Beard, PA Miss Beatrice Beattie, PA Salvatore Biamonte, NY Irwin and Sonia Block, NY John Anthony Bossly, WA John Brennan, NY Mr. William P. Brown, VA Ms. Florence E. Burgess, MN Anne Burke, CA Mr. Pat W. Burke, MA Katharyn Busenlehner, MS Mrs. Kathryn Campbell, PA Bernice D. Canata, CA Ms. Peggy Carter, GA Naomi B. Chambers, NY Clements Foundation, TX August Clouse, OH Vernon F. Dale, IL Miss Emma Dallorso, FL Mrs. Emma Dodge Daly, CA Ms. Marguerite Damer, MI Daniel J. and Adeline B. Sullivan, TX James J. Davies, GA Mrs. Frances S. Dawson, MI Mr. Richard D. Deems, OH Mr. Dominick DeNardo, NY Mr. Armando DePeralta, CA Aline C. Derbyshire, NJ Mr. and Mrs. Edward J. Dillon, AZ Mrs. Virginia B. Disney, DE Ida Dole, NJ Edward J. Driscoll, NJ Benjamin M. Durfee, PA Clara Ehritz, FL
Mrs. Samuel Esplen, MI Mrs. Mary C. Everts, SC Elsie Feldenzer, NJ Mr. Sidney P. Fell, PA Gabriel Ferranti, NJ Mrs. Margaret Friedkin, IL Ms. Anne C. Froude, AZ Ellen Fuchs, NJ J Floyd Garlow, OH Angelo C. Garzio, KS Lewis Gebhardt, OR Ms. Irma Ghiardi, AZ Louis Gorostidi, FL Mrs. Jennie M. Grabowski, NH Rosemary Gregory, NY Mr. John Groce, NM Luba C. Hagan, TX Mrs. Dorothy A. Hansen, CA Mary T. Harnett, NY Ruth Harrison, KS Belva Lee Harter, CO Miss Mary T. Hartnett, NY Katherine L. Helm, MN Rev. Robert E. Hill, OH Edward T. Hurley, NY Katherine L. Hyde, MO Mr. Ronald R. Jakubiec, IL Mrs. Aili R. Jeffries, OH C. M.-Bobbi Jensen, WI Miss June R. Johnson, NY Evelyn C. Kahn, IL Mrs. Barbara J. Kenney, NE Rose Knoop, MA Ms. Eleanor A. Kohn, CA Mrs. Lena M. Kramer, WI Ms. Margaret Lappohn, IL Mrs. Virginia Larens, CA Miss Juliette T. Lee, CA Fred Liebscher, CA Warren Lyons, NY Hilda Manderson, TX Ms. Suzanne Heath Manges, CO Miss Eleanor M. Martin, MI Frances E. Mayreis, CA Ms. Dolores R. McShane, IL Frank Miller, CA
Mrs. Gladys Mishler, MI Mr. Harold T. Mooney, PA Mrs. Dorothy G. Morris, NY Betty Munson, WI Mrs. Reynold Nebel, NJ Ann M. Nelson, NY Mrs. Constance M. Nelson, MD Elma C. Nolan, MN Mr. Nicholas Nuoci, CO Marcella ORourke Reagan, NC Mr. Charles W. Peitz, FL Ms. Filomena C. Peloro, NJ Mrs. Rose Pendergast, NY Mr. Joseph J. Pertusati, CA Miss Virginia M. Pete, WI Mrs. Carlos Pimentel, CA Thomas J. Plante, PA Mr. Joseph J. Pline, MD George and Isabelle L. Powers, FL Ms. Jo Prokop, AZ Miss Betty A. Repp, FL Mrs. Dorothea A. Rhoads, OH Clifford and Dorothy Richards, NV Ms. Ann Riordan, CT Mr. Charles Roberson, MO Mrs. Ruth Rosenau, LA Philip Rotter, FL Lily Ruckstuhl, MD, AZ Mr. Harvey Schremp, WI Lillian Schultz, MI Susanne Schuster, NC Miss Bridget Scinto, CT Mr. Daniel W. Scribner, MA Edward F. Shortall, KS Mrs. Anne M. Siratz, PA Ms. Florence M. Slattery, NY Mr. Frank R. Slaughter, SC Frances E. Smith, TX Ms. Natalie Snyder, MA Solon E. Summerfield Foundation, Inc., NY Elaine Stone, MT Mr. Eberhard C. Suche, CT Stewart and Mae Tait, MN Alice C Taylor, CA Iona Tebelius, ND
Ms. Virginia N. Toombs, LA Miss Marcia E. Traer, IA Mrs. Rozella S. Traficant, FL Billie Tunt, IL Stella M. Valentino, NJ Lois Vaughan, TX Myron J. Walker, IA Eugenie Phyllis Ward, IL Mrs. Doris J. Waymire, IN Edward A. Weidman, NV Viola Weiland, NE Thomas C. White, NV Mrs. Patricia Williams, TX Mr. Ernest M. Wirth, ND Mr. Roland R. Wolf, WI Cletus Woods, OR Ms. Mabel Yeager, OH
LEADERSHIP
$100,000+
Chicago Community Trust, IL The Engelstad Family Foundation, NV Godfathers Pizza, Inc., NE Michael and Dorothy Kycia, CT Lied Foundation and Trust, NV Lincy Foundation, CA Dr. Jose L. Morales, FL Mrs. Eleanor D. OKeeffe, MA Darwin Paxton, OH Valero Energy Corporation, TX
BENEFACTORS
$50,000 $99,999
Americas Charities, VA William C. Demetree, Jr. Foundation, FL The Dr. Francis P. Chiaramonte Foundation, MD The Gayden Family Foundation, TX
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GE Foundation, MA Ken and Marianne Higdon, CA The Jim Moran Foundation, FL Charles and Florence Lenz, AZ Richard M. Murray, NY Nevada Community Foundation, NV Omaha Community Foundation, NE Marilyn Paige, WA USAA Federal Savings Bank, TX Valero St. Charles Refinery, LA Mr. and Mrs. Arthur R. Velasquez, IL Wings of Hope Foundation, FL
PATRONS
$25,000 $49,999
Mrs. Tal Anderson, NE The Buckle, NE CECO, Inc., IL The Champlin Foundations, RI Chicago Blackhawks Charities, IL Crowder Excavating and Land Clearing, FL Dr. and Mrs. Armand Cognetta, FL Ms. Bernadine H. Darling, SC Dermatology Associates of Tallahassee, FL Mr. Doug Farr, NJ Mr. and Mrs. Charles F. Heider, NE The Hoehn Family Charitable Trust, CA The Houssels Family Foundation, NV Huey Magoos LLC, FL In-N-Out Burger Foundation, CA Mrs. Madeline Klingler, CA Lands End, WI Frances E. Mayreis, CA MGM Mirage Voice Foundation, NV Mr. and Mrs. Eugene F. Murphy, NY Nevada Womens Philanthropy, NV New Horizons, NE Norma Gilbert Farr Foundation, FL Orlando Magic Youth Foundation, a fund of the McCormick Tribune Foundation, FL Parsons Brinkerhoff, IL Mr. Ralph Phillip, LA The Providence Journal Charitable Foundation, RI Kenneth E. Stinson, NE John Trotta, IL Wal-Mart Foundation, AR Wal-Mart Foundation-Nebraska, NE Zarley Family Foundation, CA
ADVOCATES
$10,000 $24,999
American Building Services, LLC, IL AT&T Real Yellow Pages, FL Azteca Foods, IL Bank of America, IL Anna Mae Bensel, NJ Bergman Walls and Associates, Ltd., NV Mr. Pierre E. Berry, MD Richard A. and Pamela A. Berry, NE Blue Cross and Blue Shield LA Foundation, LA Blue Cross and Blue Shield of Nebraska, NE Mr. Ira R. Burnes, TX The Burns Family Charitable Foundation, IL The Cathy McCarthy Living Trust, NV Capital Group Companies Charitable Foundation, CA CarMax Foundation, VA Mr. Colon Carter, VA Edward J. Chance, Jr., NJ Charles Vrana and Son Construction, NE The Chatlos Foundation, FL Chicago Heights Glass, Inc., IL Chicago Irish Brotherhood, IL Clear Channel Communication, FL
The Coca-Cola Bottling Company, NE Concrete by Wagner, IL Vincent and Patricia Connealy, NE Ms. Helen L. Cox, OK Mr. Gerald F. Davy, GA Mr. James M. Dehring, AZ Entergy Charitable Foundation, LA Entergy New Orleans, LA Thomas E. and Cynthia Erickson, KY Mr. George W. Erny, PA Mr. and Mrs. Louis Estrada, CA Fidelity Charitable Gift Fund, OH Peter Fiori, CA Fisher Brothers Foundation, NY Fotsch Foundation, WI Frank W. & Katherine Partsch Trust, MA The Gabor Agency, Inc., FL Mrs. Ann M. Gilsdorf, MN Mr. Ken Gootee, LA Gootee Construction, Inc., LA Greater Kansas City Community Foundation, MO Mrs. Vivian A. Greiner, FL GTO, Inc., FL Mr. and Mrs. Alan Guarino, NY The Guarino Family Foundation, DE Ms. Melonie P. Hall, LA Mr. Frank B. Hartmann, GA Hawkins Charitable Trust, NE Mr. Michael Hogan, NE Mrs. Margaret Homberg, MD Mr. Charles N. Horton, PA IBM Employee Service Center, NY Mike and Mary Therese Ismert, MO The Joe W & Dorothy Dorsett Brown Foundation, LA KCI Servants Heart Foundation, TX Ms. Anne B. Kellogg, OH Kingery Steel, IL Krahl Associates, Inc., IL Mr. George W. Krull, Sr., FL Michael G. Krupa, TX Mr. Stanley and Mrs. Kupiszewski, FL L. N. Ventures, Inc., TX Lamar Advertising, RI Lamar Advertising Company, NE Lamp Rynearson and Associates, NE Mr. William T. Lang, IL LAS Enterprises, LA Mr. and Mrs. William J. Lauterbach, FL The Lerner Family Foundation, FL LexisNexis, OH Mr. Kenneth H. Lile, TX Neil and Cindy Linton, GA Linus R. Gilbert Foundation, NJ Lombard Architectural Precast Products Company, IL Mr. Michael Lombardi, FL Lutheran Community Foundation, MN Mr. Charles Manning, PA Margaret and R. Parks Williams, FL Mr. Michael Marino, NY Marquette Transportation Company, LLC, KY Matthew McIntyre Memorial Fund, RI Mr. Howard McClure, KS Mr. John McGraw, CA Miss Margaret J. McNulty, DC Mechanical Incorporated, IL Ms. Joan Mellott, PA Douglas E. Miller, NV Mr. and Mrs. Kenneth M. Murphy, IL Chris and Betsy Murphy, NE Mrs. Janet Napper, NE National Grid, MA Omaha Community Playhouse, NE Mr. Theodore J. Opilo, CA The Orlando Sentinel Family Fund-Holiday, a fund of the McCormick Foundation, FL John Paderta, IL Pascal Architects, LA Plaza Construction Corporation, NY Joseph P. Poniatowski, PA Qwest Center, NE Evelyn P. Rapp, AL
John and Ivel Reed, NE Robert Rigby-Hall, NY Ritter Charitable Trust Foundation, NV Mr. and Mrs. Gregory D. Rowe, MD Phil and Linda Ruden, NE Lawrence E. Ruf Charitable Fund of the Manatee Community Foundation, FL Ms. Beverly C. Saviello, FL Mr. Bradley Saviello, IL Mr. Timothy Saviello, GA SC Ministry Foundation, OH Joseph Scangarello, CA Seminole ISP Sports Network, FL Mark Sicner, NE Mr. Larry H. Smead, CA Mr. Leonard A. Snyder, NJ Mr. and Mrs. Larry Sokolow, FL Mr. Marshall Sprigg, TX Ted and Jean Staidle, OR St. Jude League Claretian Missionaries, IL State Street Foundation, IL Mr. and Mrs. Matthew Stedman, TX Ms. Rose C. Steve, OK Tallahassee Democrat, FL The Stirling Club, NV TD Bank, NJ Jeffrey F. Thompson, MI Ms. Dora M. Ullrich, IL UPS Foundation, CA Valueact Capital, CA Vons Foundation, CA Mr. Lauren R. Weed, NC Mr. and Mrs. Raymond Whitehead, CA Ms. Heidi Woodard, NE Mr. Robert Zengler, OH
$4.8
child from a
life of crime?
GUARDIANS
$5,000 $9,999
Advanced Polymer Coatings, Ltd., OH Sally Anderson, CA Angelo Gordon and Co. L.P., NY Aon Corporation, IL Applied Psychological Techniques, CT The Arthur C. Nielsen, Jr. Family Charitable Trust, IL AT&T Center, TX Ayco Charitable Foundation, NY Bank of America Charitable Foundation, RI Mrs. Beatrice B. Bazarsky, RI The Bell Tower Foundation, CA Mr. and Mrs. Jim Bettinger, FL BIC Graphic USA, FL Bisaillon Excavating, Inc., IL Hylda Blaske, WA Blue Cross and Blue Shield of Illinois, IL Boyd Gaming Corporation, NV Mrs. Anita Branch, TX Dr. Patrick E. Brookhouser, NE Mr. and Mrs. Robert A. Bruce, VA Ms. Lela Budwine, TX Ms. Jacqueline Burnett, NY Frank Carl Calabrese, IL Robert and Elaine Cannon, WY David E. Catalano, IN Charles Schwab Corporation, CA College World Series of Omaha, Inc., NE Mr. and Mrs. James Collins, IL COPIC, NE Mr. and Mrs. William W. Corcoran, Esq., RI Leo A. Daly, NV Mr. and Mrs. Michael DArcangelo, PA Sara Demetree, FL Dr. and Mrs. Edward Desloge, FL Edward Desloge, FL Mr. and Mrs. Bobby Dick, FL Dick and Jackie Deskovick Foundation, NJ Antone and Pat Dobrauc, NE Mr. Thomas Dolan, MI Ms. Elizabeth Doria, MA Douglas County, NE
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Mr. Alan Dreeben, TX Duda Family Foundation, TX Employee Community Fund of Boeing, IL Fall-Line Motorsports, IL Fendi, NV Frank and Victoria Fertitta, NV Mr. Ira Fishman, NY Mr. and Mrs. Cameron Fowler, PA The Fredrick Family Trust, CA Front Running Sports, FL Gambrinus Company, TX Mr. Vincent Gelardi, NY George and June Block Family Foundation, IL Ms. Julie Goldberg Preng, CT Grand-Kahn Electric, LLC, IL Green Hasson & Janks, LLP, CA Gurtz Electric, IL Bill and Natalie Harger, FL Helene L. Harkins, CA The Harper Family Foundation, NE Curtis K. Harshaw, TX Mr. Wilbert Hattan, CA Health Care Services Corporation, IL Health Plan of Nevada, NV H-E-B, TX Herner Geissler Woodworking Corporation, IL William E. Hesson, CA Mr. and Mrs. Gus Hiller, GA George and Karen Hixon, TX Dennis Hogan, III, NE Ms. Connie L. Holland, CA The Hollis and Virginia Haughey Fund, CA Mr. and Mrs. Richard K. Holloway, CA Hub International Scheers, IL Internet Directory, Inc., TX Norm and Sharon Jenkins, NV JNR Incorporated, CA John and Anne Lichner Foundation, IL The John Clarke Trust, MA Rajive and Indrani Johri, CT Junior League of the Palm Beaches, Inc., FL Margaret Karren, CA Richard and Mary Ketchum, NY Kiewit Western Company, IL Kleinknecht Electric Company, NY KNPR, NV Koenig Family Charitable Foundation, IL Korn/Ferry International, NY Cynthia Kotula, OH Kroeschell Engineering, IL Mrs. Loretta Lackey, FL Las Vegas Review Journal, NV Ms. Judith Lewis, FL Mr. Halley Lewis, FL Loren Petersen Family Foundation, GA Shirley Jean Macaron, NM Mary Ann Mahoney, IL Mr. Arthur L. Mahoney, Jr., MA Amber Martin, CA Gregory and Lori Mc Millan, MN MG Engineering, P.C., NY Mi Mamas Tortilla Factory, NE Midwest Generation EME, LLC, IL Douglas Miller, MP Mr. Leon Myers, CA Mrs. Nancy Nagy, FL Mr. Rolf L. Nelson, WA New Orleans Jazz Orchestra, Inc., LA Nike, Inc., OR Charles W. Nobbe, FL Dellora A. and Lester J. Norris Foundation, IL North Eastern Fabricators, Inc., NY NuStar Logistics, LP, TX Rosanne OBrien, CA Michael and Ann OBrien, IL City of OviedoOviedo Police Department, FL Patricia S. Owens, SC Mr. Robert Parrish, FL PB Foundation, Inc. , NY
Performance Toyota, NE Jim and Diane Perrella, FL Pete Petterson, MT The Philip Hohnstein Family Foundation, CA Bill and Joan Porter, HI John W. Porter Trust, MN Richard and Julie Preng, CT Pro Tapping, Inc, NJ The Province of St. Mary Capuchin Order, NY Paul and Lorraine Ramadan, CO Raytheon Company, RI Regions Bank, AL Mr. and Mrs. Donald E. Reid, DE Ricondo & Associates, Inc., IL Tim Ripplinger, ND Gary and Barbara Rodkin, NE Jane Romweber, GA Catherine and Dan Rourke, TX Michael F. Ryan, RI San Antonio Childrens Foundation, TX Fred E. Sayre, ID Schwab Charitable Gift Fund, CA Shamrock Decorating, IL Siegfried & Roy Foundation, NV Silicon Valley Bank Foundation, CA Dorothy Sohler, MN Dr. Bob Soni, FL Dr. and Mrs. Lucas E. Stevens, FL Ms. Judy G. Stevenson, IL Tempus Construction Services, Inc., IL Tenaska, Inc., NE Ms. Laura Tennyson, LA Lawrence T. Terrell, CA Texas Cavaliers Charitable Foundation, TX Thomas Family Foundation, CO Robert L. Tinklepaugh, NH The TJX Foundation, Inc., MA Transit Associates, IL Truist, NY Thomas Tye, MI Unity Construction Development, NY US Charitable Gift Trust, DE van Dillen Partners Charitable Fund, CA Vanguard Charitable Endowment Program, MA Mr. and Mrs. Greg Wagner, NE Wal-Mart, NE Wehmeiers Belt Shop, LA Mr. Scott Werth, NE Madonna M. Wolff, MO Ms. Patricia Zimmer, CO Mr. and Mrs. John J. Zollinger, IV, LA
STEWARDS
$2,500 $4,999
24/7 Magazine, NV Patrick and Angela Adams, FL Advanced Financial Services, Inc., RI Alamo Heights United Methodist, TX Mr. Leonard A. Alanurm, NH Allied Health Care Services, Inc., NJ All-Saints Church of Winter Park, FL Mr. Philip Altheim, NY Ron and Beth Amenta, NE Ameresco, IL American Sprinkler, LA The Andrew Roddick Foundation, FL Angels Baseball Foundation, CA AON Risk Services, NE AQR Capital Management, CT Bank of America, FL The Bank of New York Mellon, NY Mr. Lester M. Barback, LA John and Rita Barnett, MO Jim and Elizabeth Bastian, CA Andrew M. Bath, NE Mr. and Mrs. Frank R. Berry, TX Ms. Patti L. Blanchette, FL Father Steven E. Boes, NE
Mr. and Mrs. Mario Borini, NV Colin and Norma Brady, MO Erich Bredl, TX John and Keri Brewer, NV Brian Barnard Flooring America, FL Mr. Robbie Browning, FL Mrs. Renita Buchanan, FL Mr. Cliff Buller, LA Thomas Burnes, NE Maj. Gregory A. Butterfield, OK The Byrnes Family Foundation, MA Cal Hinz Architects, NE California Community Foundation, CA Capital Area Transist System, LA Mr. and Mrs. John Naylor Cargill-Naylor, NV Cars 4 Causes, CA Cartier, NY Cathy McCarthy Living Trust, NV Mr. William Chambers, CO Mr. Steve Chambers, NE Cirque du Soleil, NV Cirque du Soleil, NV Clear Channel, NV Mr. and Mrs. Anthony M. Colangelo, NY Coleman Family Foundation, NM Commercial Building Maintenance Corporation, NY Community Health Charities of Nebraska, NE ConAgra Foods, Inc., NE Copham Family Foundation, FL Mr. Rafael R. Costas, Jr., CA Cotter Consulting, IL Mrs. Adrian M. Cowan, TX Mrs. Patricia Crandell, CO Creative Construction, LLC, NY Cross-Fire & Security Company, Inc., NY Cushing, Co., IL Dr. Dan L. Daly, NE Leo A. Daly, NE Mr. Edward M. Davis, NV Chip Davis, NE deFabrique Orthodontics, FL The DeLonais Foundation, MN Eric R. Dendorfer, CO Mr. and Mrs. Clifford Deschamp, SD Jack and Terri Diesing, Jr., NE Mr. and Mrs. Thomas J. Dietsche, MI George Dines, Jr., MD DMJM Aviation Partners, FL Col. Phyllis A. Dolin, IA Don Allen Foundation, Inc., FL Mr. and Mrs. Mark Downing, CA Dress Barn, NE Mr. and Mrs. J. Everitt Drew, FL Gary Droll, TX Edwards Lifesciences, CA Tim Egan, IL Mr. and Mrs. Michael Eglseder, NE EnCap Investments, L.P., TX Mr. and Mrs. William R. England, PA Ms. Kathie Faccinto, NV Mr. and Mrs. Eugene Fama, IL Susan Fine, NV Fish & Richardson, P.C., MA Mr. Irvin Flora, WY Mrs. Janet Florer, TX Florida Power & Light, FL Franczek Radelet, PC, IL Freddie Mac Givingstation, DC Fulton Reclamation and Recycling, CA Mr. Joseph E. Gassib, Sr., NJ George J. Hubert Jr. Foundation, Inc., OH GG Painting Unlimited, NY Global Impact, VA Golf San Antonio, TX Mr. Robert Graham, NV Tom and Sue Gregory, NE Grubb & Ellis, NY Mr. and Mrs. Jimmy Gustafson, Jr., FL Mrs. Rita K. Haase, MI Mr. Alfred Hammersmith, KS Kenneth Hanley, AZ Mr. James K. Hardy, WI
Mr. and Mrs. Dennis Harnisch, CA Harrahs New Orleans, LA James A. Hartman, IA Hatzel & Buehler, Inc., NY Herbert & Daisy Stride Memorial Foundation, RI Dorothy M. Heskett, MI Christopher Hinesly, IL Calvin L. Hinz, NE Holy Mother of God Greek Orthodox Church, FL James Houssels, NV Mr. Jake Houssels, NV Hunter Roberts Construction Group, LLC, NY Illinois Tool Works, NJ Michael and Nancy Ingrisano, VA Jacobs Engineering, IL Mrs. Charleen Jenkins, WA Joseph Neto & Associates, Inc., NY Kaback Enterprises, Inc., NY KJS Family Foundation, NV Ms. Bettie M. Koval, NV Tom and Julie Krehbiel, NE Kunes Country Ford-Lincoln-Mercury, Inc., IL Las Vegas Hilton, NV Laurel Ridge Hospital, TX Larry E. Leonard, MO Mr. Stanley J. Lesisz, CA Craig Levine, NY Lisa Wendel Memorial Foundation, CO Dr. Maureen T. Luby, TX Michael and Jayne Macholan, NE Maegher Family Enterprises, FL Dr. Michael M. Malivuk, CO J. Andrew Mankie, NY Marquis Las Vegas, NV Gary S. Marrone, M.D., NV Carlos and Gina Martinez, NY Mrs. Loretta Mature, CA Tony and Joan Mazzarelli, NE Dr. and Mrs. Michael McGuire, NE Mr. and Mrs. Michael McGuire, NJ McKernan & Associates, Inc., NE Piper Medcalf, CA Mr. and Mrs.Timothy Meenan, FL Mrs. Catherine A. Mellen, NE Microsoft Corporation, NJ Mid-America Center, IA Midwest REM, IL Mifsud Family Foundation, OH Matthew and Marian Miller, NE Mr. Lawrence Miller, IL Mission Industries, NV Mrs. Leslie Monson, LA Desiree B. Moore, CA Morgan Stanley Smith Barney Global Impact, NY Mr. J. Edward Murphy, Jr., VA NAMSB Foundation, Inc., NY Newport Medical Solutions, CA Jay and RaeLynn Nilson, PA North Florida Animal Hospital, FL Larry Nugent, CO Ocean State Charities Trust, RI Pajama Program Headquarters, NY Pamet Capital Management, LLC, MA Mr. John U. Parolo, KS Mrs. Julia S. Phelps, OH Desiree Pierce, CA Gary and Cassandra Pietrok, NE Eddie Pigott, MN Richard and Wendy Plaster, NV Charles and Joan Popovich, NV Premium Concrete, IL Premium Electric, IL Primera Engineers, Ltd., IL Capt. Kim B. Reisdorph, NC Dr. and Mrs. Gerald Ries, NE John A. Ritter, NV RML Health Providers, LP, IL Robert Arum Trust, NV Mr. Stephen L. Romine, MA Clare Rosinski, NY Roger and Janna Ross, IN
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Rotary Club, CA Mr. Laurence Rudnicki, CO John and Barbara Ruf, MN Mrs. Colette Saltz, NV Russell and Sharon Sauer, MN Robert and Roxanne Schneiderwind, CO SEC Group, Inc. , IL Ms. Eva Seijido, NY Mr. and Mrs. H. Bruce Shreves, LA Shutts & Bowen, LLP, FL Sidney Stern Memorial Trust, CA Mr. Mace Siegel, CA Signature Auctions, NY Simon Peragine Smith & Redfearn, L.L.P., LA Mr. and Mrs. Warren H. Smith, LA Farrow and Grace Smith, Sr., NV Mr. Robert E. Smith, TX John and Janet Smith, IL Sniffen Law Firm, FL Bruce and Margaret Soltis, LA Sonnet Technologies, Inc., CA Sound Refrigeration & Air Conditioning, NY Southeastern Plastic Surgery, FL Mr. and Mrs. Lowell Spears, TX Malcolm Norman Stewart, VA Stoody Mills & Lansford, LLP, CA Teresa L. Stottlemyre, IA Mrs. June Strauss, FL Structure Tone, Inc., NY Sun City Medical Partners, CA Ms. Laurie A. Susie, NE Robert and Doris Suzuki, HI Madison M. Taliaferro, D.D.S., AR Tallahassee Plastic Surgery Clinic, FL Mr. Arthur H. Taylor, GA TBA Global, LLC, CA Terry Plumbing, IL Thomas Howell Ferguson, P.A., FL Thomson Reuters, MA Thunder Express, CA Harold S. Tiernan, OR Novo Nordisk, CA Toshiba Business Solutions, NV Transwestern Investment, CO., IL Turano Foundation, IL Mr. and Mrs. Michael S. Turner, TX Turn-Tex Machine and Tool, TX United Way of New York City, NY United Way of Rhode Island, RI United Way of Southern Nevada, NV The Mary E. Van Drew Foundation, Inc., IN Vanguard Charitable Endowment Program, PA Vegas Indoor Skydiving, NV Nicholas and Mary Violino, NY Vivian F. Krodel Charity Foundation, CA Khai T. Vu, CA Robert Waldrup, TX Dr. and Mrs. Tony Weaver, FL David J. Weiner, MN Wells Fargo Community Support, NJ Dustin Werth, NE Mr. and Mrs. Mark Whitley, FL Whitney National Bank, LA Rick and J. V. Wiener, MN William B. Leatherbee, Jr. Charitable Trust, RI Wilmer Cutler Pickering Hale and Dorr, LLP, MA Yorktown Partners, LLC, NY Youth Rescue Initiative, LA Yves Saint Laurent, NV Mr. David Zepeda, CA
FRIENDS
$1,000 $2,499
Mrs. Josephine P. Abbott, VA Mr. Charles Abela, CA Ms. Margaret E. Abenante, NC Aboveboards, OH Mr. James B. Achee, TX Mary Phillips Acker, FL Mr. and Mrs. Pierre Adam, IL Dr. Kay E. Adams, NV Mr. and Mrs. John M. Adams, MA Mr. George Adams, IL Adco Electrical Corporation, NY Advantage Wall and Floor Covering, IN Marco E. Agurcia, Jr., FL Mr. John Aide, FL Mr. Rudy H. Alber, IL Mr. and Mrs. David Albright, IA Ms. Mary B. Aldaco, CA Alfred F. Antonicelli Charitable Foundation, CA Ms. Josephine Allen, PA Ralph and JoAnn Allphin, WA Allstate Giving Campaign, VA Mr. David Althaver, NJ Altria Group Inc., NJ Mr. Thomas I. Amass, NC American Express Foundation, NJ Ameritas Group, TX AMS Mechanical Systems, Inc, IL Beverly Anderson, NV Mr. and Mrs. Jan Anderson, TX Mr. and Mrs. Andrew Andrews, OH John Arch, NE Arrow Tank and Engineering, MN Mr. Robert Arrowsmith, CT Association of Surgical Technologists, CO AT&T, FL AT&T Foundation, NJ Mr. Bernard J. Atkinson, CA Mr. Joseph P. Augustyn, CA Ausley and McMullen, FL Avenue, NE Lorece Avery, TX Avon, NE B & D.B., IL The Backus Family Foundation, WI Ms. Priscilla A. Baddley, UT Mr. William Bader, OK Robert Baird, AZ Baker Distributing Company, LA Mr. and Mrs. Tyler Baldock, FL Raymon A. Baldoni, CA Baldridge National Quality Program, MD Mr. Robert Ballard, VA Claire Bancroft, RI Bank of America Foundation, NJ Mr. and Mrs. James W. Banovich, WI Mr. Louis P. Barberi, FL Mr. Brian Barnard, Sr., FL Brian and Debra Barrett, IL Mr. Richard R. Bassett, FL Dr. Craig A. Bassett, NE Francis Bates, AR Dr. Robert M. Battle, TX James F. Baum, NY Mr. and Mrs. George A. Baumann, NC Baumgartner Construction, IL BB&T, FL Beacon Light Foundation, NY Mr. Donald Beattie, NY Mr. Robert J. Becherer, AZ Mrs. Verliena Becker, IA Terry Bedford, NV John Belford, NE Mr. Jon Belisle, MN Joy Bell, NV Geneva Bell, NV Bergman Family Foundation, AZ Ms. Elsie Bernhardt, NY Mr. Clarence Berry, NJ Ms. Heather Best, NJ Mr. and Mrs. Frank P. Bevilacqua, OH Mr. Henri D. Bezy, FL Kankan Bhattacharyya, NJ Mr. and Mrs. Jim Biegel, IL Bill Robinette, Inc., MS
Dan Billerbeck, NE Billy J. and Jean S. Martin Foundation, AR Bio-Bright NY LLC, NY Greg Birdwell, ID Biz-Tax Inc., WV BKD Foundation, MO William T. Blaszak, IN Blessed Sacrament Church, FL Mr. Nelson Blitz, NY Blue Foundation, IL Ms. Margaret Boais, KY Mr. Matt Boelter, WI Gene and Mary Jane Boes, NE Mr. Donald Bohm, ND Kathleen Boland, CA Ms. Anita Bolkovatz, CA Lt. Colonel Esther T. Bongiovanni, Ret., TX Ms. Jacquelyn Bonner, TX Bonn-J Contracting, Inc. of Florida, FL Borders, IL Helen E. Borg, GA Louis Borick, CA Carl and Barbara Borup, FL Mr. and Mrs. Jim Bottroff, OR Kathleen Boutin, NV Michael Boutwell, IN Mrs. Sally W. Bowler, SC Mr. and Mrs. James F. Bowling, GA Don Bowman, NE Bowman, Barrett and Associates, Inc., IL Bowyer, Singleton & Associates, FL Boys Town National Alumni Association, NE BP Matching Gifts Program, NJ The Brady Family, VA Mr. and Mrs. William Brandner, LA Kenneth B. Branon, SC Mrs. Mildred Brantley, IL Mr. Einar Brastad, MN Mr. Glenn M. Brazel, IN John D. Brennan, CA Mr. Gerald Brezina, TX Admiral Charles H. Brickell, Jr., PA Marie C. Briggs, NV Mr. Michael Bright, NC Mr. Nick Brizendine, TN Mr. Vincent A. Brocato, CA Dr. and Mrs. Larry G. Broome, MS Joel Brown, Jr., TX Jason and Lisa Bruce, NE Barbara Bruggemann, VT The Brunetti Foundation, NJ Brungardt Oil and Leasing, Co., KS Mr. and Mrs. Matt Bryan, FL Stephen and Cherry Buckley, KS Kevin M. Buckley, NV Mrs. Nettie Bucy, KS Mr. and Mrs. Mark A. Buechler, TX Mrs. V. W. Bunker, MI Mr. John R. Burgess, IL Ms. Pamela Burke, CA Albert Burke, MI Dr. and Mrs. Shane Burkhead, FL Margrith Burlet, CA John Burns, FL Gregory S. Bush, CA
Boys
Town youth,
whether they receive care in their own home or in a home-like setting,
Ms. Lori W. Cabell, PA Dolores M. Cacchio, NJ Mr. Henry F. Cachia, NY Mr. Timothy J. Callan, CA Calvin L. Hinz Architects, NE Mr. and Mrs. Everett C. Campbell, VA Miss Harryette Campbell, MO Mr. Don Campbell, CA Ms. Silvia A. Campi, PA Capital City Bank, FL The Capital Group Companies, Inc., CA Capital Project Management, Inc., PA Cargill, NE
| 21
Carl E. Wynn Foundation, CA Diane M. Carlson, NV Mr. Doug Carlton, NV Carnegie Abbey Club, RI Ms. Rosalind Y. Carr, NJ Miss Carolyn Carrano, FL Mrs. Margaret M. Carrica, NE Mr. Tom Carson, OK Ms. Pamela Carter, NY Dr. and Mrs. Watt M. Casey, TX Caseys General Stores, Inc., IA Mr. F. Wade Cassidy, IL Catholic Community Foundation, AZ Rick and Lisa Cederoth, IL Centerbrige, NY Mr. Ralph Chambers, FL Carrie Chapman, NE Charity Challenge, Inc., FL Mr. and Mrs. Joe Chick, FL Childers Construction, FL Chris Electric, Ltd., RI Dorothea Christensen, MI Rev. Carl E. Christiansen, Jr., PA David Chyan, CA Marie R. Cimino, PA Ben R. Ciraulo, UT Mr. Dana M. Clague, TX Preston Clancey, TX Ms. Janice Claridge, CA Claudio Milano, NV Renee Cleroult, CO Mr. Guy Cleveland, NY Mr. Frank L. Clinton, IL Coca-Cola Bottling Company, GA Mr. Raymond Colasurdo, NY Cole-Taylor Bank, IL Colgate Palmolive Company, NY Mr. and Mrs. John Collet, TX Mrs. Gabriela Coltea, FL Mr. Gary J. Comes, IA Commerce National Bank of Florida, FL The Community Foundation, MD Comprehensive Abandoned Property Service, NY Joe F. Connolly, TX Mr. Raymond Connor, Jr., IL Michael and Roxanne Connor, FL Constitution Cable Products, CT Consumer Management Solutions, LLC, VA Jean-Pierre Conte, CA Kenneth Corbett, NC Mr. Richard Corey, WV Mrs. Laurel D. Cornish, MD Covenant Church, LA Douglas R. Cox, MD Linda and Gary Cox, TN Judy A. Cox, WA CPS Energy, TX Mr. and Mrs. Michael B. Crane, CO Ms. Betty M. Crank, NC I.J. Organ Creative Counselors Herb House, IL Mrs. Hazel Creeser, NC Robert and Frances Cribb, FL Ms. Irene Crowe, MD Mrs. Monica Cuellar, WA Mr. and Mrs. Jim Dahl, FL Ms. Dixie T. Dahlstedt, NY Ms. Christina Danguillecourt, FL Mr. Arlie J. Danielson, KS Paul Dankoski, CA Daves Auto Body, NE Mrs. Kathleen Davidson, IA Jerry Davis, Ph.D., NE Mr. Robert L. Davis, IN Laura S. Davis, MD Robin L. Davis, AR Daysprings Ministries, Inc., LA Dayton Foundation, OH Mr. and Mrs. Charles De Benedittis, NY Mrs. Shelby Dean, TN Michael Dean, NV Virginia Deane, ID Mr. Joseph D. DeBartolo, CT Mr. and Mrs. Philip DeDionisio, FL Dell Direct Giving Campaign, NJ
Romeo A. Dellachiara, CA Mr. Nicholas D. Demisay, FL Albert E. Dennis, Jr., NJ Mr. and Mrs. Benjamin Denno, MI Christopher and Heather Derganc, TX dEscoto, Inc., IL Mr. G.A. di Blasi, FL Mr. and Mrs. Chris Diamantis, FL Miss Anita F. DiCara, NY Mr. David W. Dickson, CA Ms. Maryrose DiDomenico, MA The Diffley Family, NV Kimm Dilocker, NE Mr. Sid Dinsdale, NE Mr. George H. Dobbins, AZ John and Marie Dolan, RI Brian and Dawn Dolan, IL Senator Robert Dole, DC Donald and Mary Dombek, FL Mary Donnelly, NJ Mr. Francis J. Donovan, NY Patricia Dooley, AZ The Dorothy D. Smith Charitable Foundation, SC The Double-R Foundation, NY Mary Dougherty, WI Douglas and Theresa Dougherty, NE Ms. Nadine Douglass, CA Mr. and Mrs. Jeff Doussan, LA Robert Downs, CA James and Virginia Doyle, AZ Galen and Nancy Dreibelbis, PA Mr. Rudolph R. Dreiling, KS Ms. Irene Dreiseszun, KS John D. Drew, TX Mr. and Mrs. George W. Drewry, Jr., TX Driscoll Foods, NJ Mr. and Mrs. Eugene Dumas, LA Mr. R.L. Dunn, III, VA Ann Durant, FL Thomas and Alice Durante, PA Mr. Mark Duren, NE Mr. John Duvall, MO Dr. and Mrs. Allen D. Dvorak, NE
Mr. Francis FitzSimmons, MN Mr. Matt Flinn, NE Sarah L. Flint, WA Scott Kevin Flood, NV Florida Fence & Deck, FL Ms. Denise Flusche, OK Mr. Gregory J. Foley, NJ Albert and Rosemarie Forcucci, IA Shelva Fordyce, TX Forms Management, Inc., FL Frances E. Forrest, MO Thomas A. Forrester, MA Michael D. Fox, OH Fox Rothschild, NV Miss Grayson Foy, VA Alfio Fragala, VA Kathleen Frame, AK Mr. August Franchini, Jr., GA Dr. Timothy Francis, NV John and Janet Frantz, CA Ms. Judith G. Frederick, OH Ms. Cynthia E. Freshnock, FL Mr. and Mrs. Wayne F. Frey, PA Mr. Jeffrey L. Fries, IA Ruth A. Friesen, CA Mr. Miguel Frontera, MD Janet Fry, NE Michael and Christine Fullmer, PA Carol Fulton, CA Steve S. Furse, III, TN Mr. Hayden Fusia, GA Fusselman Salvage Company, MO
Mr. Larry M. Echelberger, TX Donna R. Ecton, AZ Mr. Fred R. Edelen, KY Mr. Andrew C. Edwards, CA Pamela Edwards, IL John and Pat Eisenach, NE Mr. and Mrs. Jerry Elkington, WA Richard W. Ellis, PA Emil Ewald Family Foundation, WI Employees Service Association of Electric Boat, RI LeRoy Engelhardt, MI Robert and Susan Engelke, WI Mr. Barry J. Ennessy, IL Matthew and Heather Epright, SC Mr. and Mrs. Donald C. Erwin, CA Angelina Esposito, FL Eugene W. and Gloria Landy Family Foundation, NJ Mr. and Mrs. Donald R. Faint, AL Mr. Jack Falfas, OH Mr. Scott Fanelly, NC Al and Jo Ann Fargnoli, KY Mr. and Mrs. Vernon Farley, NE Dr. John Farr, NE Commander and Mrs. Frederick Farris, MD Farris Engineering, Inc, NE Mr. and Mrs. Thomas Farro, OH Fashion Show Mall, NV Philip and Randa Faye, VA Mr. Thomas Feeney, IN Jack and Ivonne Fernandez, PA Ted Fiducci, TX The Finestra Foundation, CA Malcolm and Sheila Finnane, FL Firecom, Inc., NY First National Bank, NE First National Merchant Solutions, NE Mr. Ray F. Fitzgerald, CA
Michael Gadow, MN Mrs. Anna E. Gaffrey, ND Gallup Organization, NE Ms. Roberta A. Gancarz, NY Alan Ganey, MD Philip G. Gans, Jr., VA Ms. Kathleen M. Garcia, TX John A. Garibaldi, NY Mrs. Catharine M. Garrity, NY Wayne M. Gatewood, Jr., VA Mr. Rudy Gehrman, NY The Gem Collection, FL Mr. and Mrs. Robert L. Georskey, FL Mr. Loren Gerber, MI Mr. Robert W. Geyer, FL Pamela Giannette, CT Mr. and Mrs. Walter Giernoth, IL Jim and Barbara Gifford, OH Mr. J. Giglio, MI Helen E. Gillespie, OH Ms. Diana Gillette, CA Mr. John Gilliam, CA Mr. and Mrs. John Gillin, GA Drs. Afaf and Zaiful Girgis, MD Mr. Evaristo Giuliani, CA Glaceau, NY Ms. Jo-Carroll Glasson, CA Mrs. Mary Gocke, CA Ms. Donna Godbehere, CA Harold Godboalt, NC Mr. Ronald J. Goedde, CA Ms. Laura Gold, MD Mr. Gerard Golden, MA Golden Eagle Country Club, FL Golden Nugget Uplifting Children, NV The Golden Triangle Show, Inc., GA Goldman Sachs & Co., NY Tom and Sandy Goldsworthy, OK Mr. Mark F. Gooch, OH Dr. Mary L. Good, AR Mr. Gene A. Good, OH Leo and Nancy Goodhouse, CA Martha Goodpasture, TN Mr. L. Martin Goodwillie, MI Gordon H. Dickinson & Company, Inc., PA Mary L. Granade, GA Mr. Timothy J. Grau, CO Mr. Roderick G. Greaves, CA Jordan and Susan Green, AZ Mrs. Dolores R. Greene, CT
John and Doreen Griffith, NE Benjamin G. Griggs, Jr., WI Miss Dora E. Gross, KS Mr. James R. Grosse, WI Mr. Daniel G. Gruber, OH Mary and Thomas Grudnowski, MN Ms. Linda Grundy, MI Mrs. Carolyn Grundy, MD Gs Lounge, FL GT Midwest, KS GTCR Golder Rauner II, LLC, IL Mrs. Marietta F. Guedry, LA Mr. and Mrs. Donald Gundle, MI Mr. Francis L. Gustina, PA Eugene Gute, IA Ms. Lucy W. Gutierrez, CA Mr. Walt Hack, NE Caroline Haider, ND Lucien T. Hall, III, VA Wayne P. Hall, NY Herb and Marian Hames, NE Mr. and Mrs. R. C. Hamilton, CT Felton Hammond, TX Ms. Jane A. Hammond, PA Michelle and Nathan Hancock, CO Rosetta Harbour, AZ Mr. Roger Harman, WA Harrahs Las Vegas, NV Harrahs Operating Company, Inc., OK Mr. Donald Harrer, IA Mr. and Mrs. Rachford Harris, CA Walt Harrison, AL V. E. Harsh, OH Hartford Foundation for Public Giving, CT James A. Hartman, IA Mr. George D. Hasley, Jr., SC Mr. and Mrs. Norman Hasman, AZ Brian Hass, CA The Hatfield Family Fund, NJ John Hauck, CA Mrs. Lee Haupert, IA Dave and Ann Hawk, PA Hawkins Construction, NE Jerry R. Haynes, WA Mrs. Faye K. Heckler, OH Mr. Robert T. Hedrick, Jr., PA Landis and Mary Heistand, PA Steven Heitman, CA Mr. and Mrs. Denis Helm, MA Herman Hemming, MD Hendrix Foundation, TN June Henning, NJ Fred and Linda Jane Henry, CA Ms. Susan Henry, AZ Mr. and Mrs. Paul Henry, NV Larry D. Herron, M.D., IL Ms. Cindy S. Hesselroth, AZ Jim and Judy Hettwer, ND HFW, Inc., CT Ms. Jill Higgins, MI Edmund Hill, NY Mr. H. G. Hill, Jr., NY Ms. Carol P. Hill, GA Mr. Mervin E. Hillard, Jr., VA Mr. Roger Hinton, OH Louis and Beverly Hoadley, CO Norma E. Hobbs, WA Mr. Dennis H. Hochsprung, TX James and Cherinne Hockett, CO Janice Lee Hoelscher, TX Joseph F. Hoey, NJ Mr. Louis J. Hoffmann, MN Mr. Paul M. Hoffmann, NJ Mr. and Mrs. Philip M. Hogan, NY Helen M. Hogan, FL Cecil and Louise Holder, TX Holly Beach Public Library Association, NJ Edward F. Holscher, MI Mr. Elmer Holthaus, KS Holy Cross/Immaculate Heart of Mary, IL Honeywell, NJ Debra Hood, NV Donald and Marilyn Hooper, NE Mr. and Mrs. James L. Horan, FL
22 |
Ms. Deborah Horn, OK Mary C. Horstman, IN Vere A. Hotchkiss, AZ Mrs. Therese A. Howard, CO HP Employee Charitable Giving, DC Dr. and Mrs. Eduardo Hubard, FL Pat and Al Huber, CA Nancy Huenink, WI Elizabeth Huhn, FL Mr. and Mrs. Ronald A. Huiras, WI John Hunt, NV Robert Hurtubise, CO Mr. and Mrs. Richard Hutchinson, SC Thomas G. Hutchison, FL
Knights of Columbus, NE Knights of Columbus Gentilly Council, LA Mr. Dale J. Koder, OH Keith and Rosemary Kogler, TX Linda and Richard Kohnen, TX Capts. A.C. and C.B. Konczey, USN Ret., SD Clarence E. Kondon, MI Mr. and Mrs. Mike Koski, FL Mr. and Mrs. Stephen Kowalski, AE Mr. John Kozimor, OH Kraft Employee Involvment, NJ Jeremy and Jill Kreikemeier, NE Sharon A. Kupetz, MI Mr. Michael Kuras, MI Mr. and Mrs. Randall D. Kurtz, TX Kyle Busch Foundation, NC
Mr. James R. Ianni, NJ IBC Investment Services, TX IHI Electronics, CA Independent Order of Foresters, FL Mr. and Mrs. Rex C. Ingram, MN Irwin Kishner Foundation, NV Armand Jackson, NV Mr. and Mrs. Gregory W. Jacobs, NY John Jaeger, IL James G. Kennedy & Co. Inc, NY Timothy and Stephanie Jansen, FL Linda Jantzen, NJ Mr. and Mrs. David Japikse, ME JDP Mechanical, NY Ms. Joann Jefferson, NJ The Jeffries, IN Ms. Judi A. Jennings, MO Mr. and Mrs. Julius T. Jensen, IN Jerrys Commercial Maintenance, FL JGD Management Corp., NY Thomas A. Jirasek, IL The Joan Winchell Trust, NV Joe and Pasena Maroun Family Foundation, FL Eldon Joersz, TX Joeys, Inc., TX Mr. and Mrs. Albert Johansmeyer, NY John Jay Mann Foundation, FL Mr. and Mrs. David T. Johnson, WI Mr. and Mrs. Peter H. Johnson, MO Mr. Wray R. Johnson, VA Johnson Controls, IL Johnson Drywall, NE Ms. J.H. Johnston, CA Caroll Johnston, NV JOLAN Foundation Corporation, IN James D. Jones, VA Mr. Johnny Jordan, Jr., TX Willard and Peggy Jordan, TX JPMorgan Chase Foundation, MA K-Five Construction, IL Sinan and Kai Kanatsiz, CA Kansas City Southern Industries, MO The Karsh Family Foundation, CA Mr. Leonard Katzer, KS Ronald V. and Kathy A. Kazmar, IL James Kearns, UT Mrs. Corinne B. Keleher, IL Mr. Robert Kellams, IN Mr. and Mrs. Frank Kelleher, CA Peter R. and Cynthia K. Kellogg Foundation, NY Dave and Sue Kelly, OH Robert Kelso, TX Mr. Dan Kendig, NE Mr. John M. Kennedy, IL Mr. James Kershasky, IL Diane E. Kessler, CA Mr. and Mrs. Ian Kester, NV Keville Enterprises, Inc., MA Kiewit Corporation, NE J. L. Kihm, FL Carlton and Margaret King, CA Mr. and Mrs. Wayne Kingery, NE Garry and Deborah Kirker, TX Mr. Richard Kirsch, NY Mr. Michael D. Kitto, TX Ms. Julie Kloess, TX Ms. Laurel Kluck, PA
Judy Laakso, CA Michael and Maryanne Ladensack, MI Ladera Ranch Business Womens Network, CA Ms. Jane Laird, DE Vicki Land, OK Mr. and Mrs. Donald Landholt, TX Mr. Paul W. Lane, Jr., PA Dr. Robert W. Langevin, MD Mr. John W. Langley, TN Mr. Guy Langsdale, FL Mrs. Agnes Larkin, ND Mrs. Gerald Larkin, ND Las Vegas Wranglers, NV Mr. Allen S. Laue, MN LaValley Foundation, OH Mr. and Mrs. Jay LaVia, FL Mr. Robert E. Law, CO Mrs. Otto E. Lay, IL Dr. and Mrs. William M. Layson, VA Drahomir Lazar, CA Bryan Lazarski, MI Thomas Lederle, MA Mr. Sieu Yuan Lee, MD Mrs. Brenda Leidig, MN Mrs. Joan K. Leisen, MN Richard Lenon, IL Mr. and Mrs. Fred Leonard, TX Ms. Albina Levine, NY Ms. Barbara LeVinge, AL Mr. Michael Liddy, KS Ms. Robyn Liese, VA LifeTime Fitness, NE Miss Patsy Lindley, IL Jonnie Sue Linn, WA John J. Lipinski, SC LLEE Foundation, TX Mr. and Mrs. John R. Lodwick, AZ Philip and Diane LoGrasso, FL Haskell Looney, OK Paul J. Lopez, IL Louis L. Borick Foundation, CA Dr. and Mrs. Luiz Lourenco, FL Mr. Dennis E. Love, NC Mr. and Mrs. Andrew A. Lozyniak, CT Ms. Rachaelle Lubinski, IN Lou Lucia, CA Mr. and Mrs. Lawrence O. Lulay, IL Kathleen Lynch, IL Drs. Michael and Mary Lee Lynch, MD Mrs. Pamela Lynch, NY Mrs. Julia Lynch, NY Mr. John Lynch, TX Marian Lyons, CA Mr. Joseph John MacAvoy, VA Mr. Jack L. Macdowell, Sr., TX Donna L. Mack, MT Ms. Suzanne Mados, NY Jan Madsen, NE Mr. and Mrs. John W. Maffet, TX Magnolia Plumbing, Inc., DC Cecilia K. Maier, WI Mainline Information Systems, FL Edward and Rose Malinowski, MI Douglas and Cheryl Malmberg, FL
Ms. Joyce A. Malvin, MN Mr. and Mrs. Daniel Manausa, FL Miss Rose Marie Manix, IL Mr. Roger Marks, CA Mayor and Mrs. John Marks, FL Mr. David Marosz, IN Dr. and Mrs. H. Blair Marsteller, VA Calvin J. Martell, NM Mr. and Mrs. Steve Martin, TX Mr. Jonathan D. Martin, IN Mr. and Mrs. Greg Martin, FL Arthur and Cassandra Martin, NH Mary E. Dooner Foundation, FL Mr. Ralph P. Masek, IL Jill and Ken Massey, NJ Ms. Jacqueline F. Masud, NY Lucille Murray Mates, CA Mr. Thomas Matevia, FL Mr. Kevin Matheis, IN Jack and Ann Matlock, CA Mattel Childrens Foundation, NJ Mattox Property Services, Inc., CA Mr. Robert Mayer, FL Dr. Wallace D. Mays, GA Mays Family Foundation, TX Edna J. McAdoo, ID Mr. and Mrs. David McAleer, CT Elizabeth McAndrews, PA James W. and L. A. McClean, CA Richard and Debbie McClish, NE Mark J. McCloskey, NJ George and Madeline McCloskey, CT Mr. and Mrs. Raymond McClure, FL Karen McCormick, CT Mr. Tom McDonald, MN Mildred J. McElravy, VT Mr. Lucian G. McElroy, AZ George R. McEvoy, CA Robert L. McEvoy, IA Thomas and Emilie McGerty, AZ Mr. Michael W. McGraw, OR Phyllis McGuire, NV Donald W. McIntosh Associates, Inc., FL Ms. Brenda L. McIntyre, MN Mrs. Lillian H. McKibben, FL Mr. Tom McKissick, CA Mr. Scotty McLaughlin, IL McLaughlin & Moran, Inc., RI Ms. Dorothy McMahon, NY Dr. Gary McManama, FL Mrs. Lola McNally, CA Mr. and Mrs. James McNease, MD Mr. Robert M. Meddles, CO Medicine Man, NE Tony and Rachel Medina, CA Mary C. Mehring, OH J. R. Meiner, KY John Melingagio, NE David and Patricia Menne, CA Mens Wearhouse, CA Mr. Matthew V. Merola, NY Merrifield Garden Center, VA Andrew C. Messer, WA Frank and Marlene Messin, MN Mr. Juan Mesta, CA Metropolitan West Asset Management, LLC, CA Mr. and Mrs. Francis D. Meyer, VA Cal and Kathy Meyer, NE Ms. Sylvia C. Meyer, MO Mr. and Mrs. Matthew Michaels, TX Mid-Atlantic Sports Network , MD Midhattan Woodworking Corporation, NJ Midtown Electric Supply Corporation, NY Mr. and Mrs. Michael R. Mihalich, MI Joyce Mikulak, FL Cheryl A. Milholin, PA Milhouse Engineering Construction, IL Mrs. Mary A. Millar, IL Julian H. Miller, Jr., GA Dr. and Mrs. Bill J. Miller, NY Robert H. Miller, TX Richard and Sharon Mills, MO Dean and Pat Mincks, IA Dr. and Mrs. Anthony N. Mishik, NJ David J. Mitchell, M.D., LA Holbrook Mitchell, CA
single best
predictor of success
in adulthood.
above
| 23
Agnes L. Mittet, WA Modern Plumbing Industries, Inc., FL Ms. Mary Mohorovich, CA Mondrian Investment Partners, Inc, PA Mrs. Peter R. Moody, NC Alwal B. Moore, MO H. Douglas Moore, NC Ms. Debra Lynn Moore, LA Mr. and Mrs. James E. Moore, IA Cynthia Morales, NY Mr. and Mrs. Paul Moran, RI Douglas and Linda Moret, MO Ms. Barbara C. Morey, ID Mr. and Mrs. Clark B. Morgan, Jr., HI Philip J. Morgan, CA The Morningstar Foundation, VA Jainel Morris, VA Mr. Gene R. Morrissey, OR Mr. J. R. Morrissey, AZ Frank C. Morrow, CA Mrs. Marilyn J. Moschetti, WA Mrs. Caroline M. Moses, AZ William and Margie Moss, VA Mr. and Mrs. James Mossing, OH Most Precious Blood Catholic Church, FL Mr. and Mrs. Douglas R. Mueller, TX Lynn T. Mulherin, IL Larry and Paula Mulligan, MI Raymond and Linda Murawski, PA Mr. James Murray, NH Len and Lucy Myers, NC
Mr. Dean J. Nader, OH Mr. and Mrs. Greg Nasky, HI Timothy J. Nass, NE NCAA, IN Mr. Anthony Neal, VA Ms. Diana A. Neal, CA Mr. Carl Neff, OH Arnold and Lois Nelson, MI Network for Good, MD Mr. Billy Neu, TX Mrs. Roger Neuhoff, FL Chris and Deb Neumann, NE Nema N. Newell, MI Maxine Niebling, OR Noral Group International, DC North Florida Pediatric Associates, PA, FL Northeast Distributors, Inc. , MA Northern Trust, FL Mr. Roger Norton, NY Annee Nounna, NV Neva Noyes, AZ Ms. Catherine Null, PA Mr. Steve Nulty, NY Mr. Kenneth E. Nutter, WV Mr. David Oglesby, FL Ms. Sharon Oliver, IN Mr. Michael Onak, NC Mr. Timothy J. ONeil, WA Ms. Helene ONeil, MD Brigid ONeill, NY Deborah Orduna, NE Mr. William F. Orland, WA Mrs. Merritt Osborn, OH Gary Osler, PA Ms. Jane Osler Kyle, NY Mary Anne Agnes Ostrowski, IN Wayne and Carole Overman, TX Oviedo Womans Club, FL Mr. Calvin H. Owens, NV Mrs. John B. Padgett, Jr., NC Mr. Neil B. Padron, NY Pat Page, GA Paul J. Pagnozzi, NY Kedran G. Panageas, NY Panjos Pizza and Pasta, Inc., TX Mr. and Mrs. John A. Parente, MA Dr. Tae Kyu Park, NY Park Federal Savings Bank, IL John and Connie Parker, NM Mr. and Mrs. Robert Parker, FL Larry R. Parks, CA
Ms. Carol S. Parks, MA George and Jenny Patskan, VA PBS & J, FL Mr. Kevin L. Peaden, FL Charlotte A. Peck, CA Dr. Ellinor Peerschke, NY Jonathan and Penelope Pejka, IL Mr. Matt Pelan, NE Mr. Mark Allen Pemberton, TN June S. Pendino, NJ The Peninsula Beverly Hills, CA Mr. Robert Penka, IL Ms. Cathy Pepe, CT Performance Toyota/Scion of Lincoln, NE Ms. Christine M. Perkins, MS Ronald W. Pete, WA Mr. and Mrs. Robert E. Peterson, CA Ms. Joann Peterson, WA Louis and Maria Petrelia, NY The Honorable Peter A. Peyser, NY Pfizer Foundation, NJ Mr. and Mrs. Michael J. Phelan, TX Jim and Kathy Phelan, IA Larry and Lesley Phillips, TX Mrs. Richard Phillips, WI Mary Phillips Bradley, TX The Phillips Family Foundation, FL Frederick A. Picchioni, OH Louis Pier-Giorgi, NY Mrs. Raymond G. Piggott, MI Col. George I. Pinjuv USAF, Ret., NV Pinnacle Bank, NE Ms. Grace Piro, NY Ms. Mary Pisacano, NY Terry Pisano, CA Mr. and Mrs. Stanley B. Pitts, OH Platinum Maintenance Services Corporation, NY Ms. Nancy Plunkett, ME Mr. Joseph M. Podoba, SC Mildred D. Pofahl, MN Polara Engineering, Inc., CA Ms. Kathleen Ponton, IL Mr. James Popma, Jr., MI Ms. Dorothy Popovich, MI Anthonita Porta, MO Prairie Offset Printing, Inc., MN Mr. and Mrs. Anthony J. Praxmarer, IN Mr. William Pretsch, FL Edward William Priestap, NY Rudy Prieto, NV Dennis Prince, NY Mrs. Julianne Pringle, OK Prodigy Asset Management, LLC, NE Mr. Dennis Proulx, FL Prudential Foundation , NJ The Public Education Foundation, NV Mr. and Mrs. Giovanni L. Puglisi, CA Mr. Gary L. Purnell, AR Gregory and Bonnie Puzio, NJ Elizabeth J. Quinn, MD James and Kathleen Quinnan, CA
R&K Ranch, WV R. A. Rodriguez, Inc., NY R. C. Bentler & Associates, Inc., CA Mrs. Christy A. Rabetoy, TN Mr. Ronald A. Radice, MA John and Delois Radke, IA Charlene Raley, MI Mr. and Mrs. Brian Ramos, FL Steve and Judy Rasmussen, NE Mrs. Carson Rasmussen, HI RBC Dain Rauscher Foundation, MN Robert S. Reece, OR Mr. and Mrs. Bruce D. Reed, CO Mr. and Mrs. John Reese, CA Regions Bank, FL Mr. and Mrs. Thomas E. Rehman, NJ Norman and Susan Reid, NY Mr. John F. Reidy, TX Jill Remick, MI Mr. Richard Reschke, NY
Thomas N. Resha, Jr., CO Residential Elevators, Inc., FL Mr. Charles R. Reusing, VA Rheem, GA Keith Rhodes, CA Rhythm & Blues Entertainment, LLC, FL Glenn Ridley, ND Frank Riener, WA Ms. Mary M. Rigby, NC Ms. Frances H. Riley, IL Mr. Lawrence W. Rinaldi, PA Bob Ritchie, WI Dave and Nancy Rivard, CA The Robert H. and Anita Q. Lawe Foundation, TX Mr. Timothy B. Roberts, CT Ms. Theresa G. Roberts, TN Robinson & Cole, RI Lise Rode, WA Mr. and Mrs. Ted Rodrigue, FL Jorge and Marlena Rodriguez, FL William Rohleder, TX Lyla Rohlmeier, OK Dr. Norton Roitman, NV Mr. Edward Rolwing, CA Ronatec C2C, Inc., CA Mr. and Mrs. Hammond Rood, LA Valerie Rosenberg, MD Judy Lee Ross, MD Rotary Club of Altamonte Springs, FL Walter Roth, CO Roth Trucking, KY Mr. Louis J. Roussel, III, LA RPM Steel, Inc., WA Mr. and Mrs. Allan Rumpf, WA Ms. Marie C. Runda, OH Mr. H. E. Rupp, OH Mr. and Mrs. Ed Rush, MO Ms. Diane V. Russo, NY Mr. Daniel Rusthoi, NM Ms. Nancy Ryan, NJ The Ryan Foundation, NE Mrs. Frank R. Ryser, IL Mr. P. Sacchetti, NY Sacinos Formalwear, FL Fr. J. A. Sack, Jr., KY Saks Fifth Avenue, NV Ms. Rebecca T. Samples, TX Herbert and Mary Sampson, NE Sams Club # 8227, TX Sams Club #6262, TX Sams Club #6416, TX Sams Club #8264, TX Samuel Weinstein Family Foundation, IL Sandra White Trust, NV Sally Santeford, MI Mrs. Patricia D. Schauble, PA John and Gloria Scheffler, FL Ms. Kirsten L. Scheidemann, NY Dr. and Mrs. E.J. Schewe, MO Martha Schildwachter, CA Dr. Dave Schleinkofer, IN Lynn Schlindwein, IA Mr. and Mrs. Allan Schmitt, IA Mark and Sandi Schmitt, WI Richard Schmitt, KS Mr. William F. Schmitz, OH Mr. Adrian L. Scholtes, IN Amy R. Schomer, NE John Schott, MI Mrs. Joan Schraml, OH Ms. Susan H. Schreiber, NJ Mr. John T. Schreiber, CA Mrs. Winnie Schulman, NV Delores Schwan, SD Mr. Larry R. Schwartz, IN Jill Scirocco, CA Mr. and Mrs. Charles Scott, CA Mr. and Mrs. Mark Scott, FL SCP Distributors, FL Sammy and Jo Ann Scrivano, TX Sees Candies Omaha, NE Mr. Charles Selke, DE Sempra Energy Foundation, CA Mr. and Mrs. Louis R. Seo, Jr., FL
Service Title Company, TX Mark Shanker, OK Greg and Carol Sheeley, KY Mrs. Marie Sheffield, IA Ms. Lynn Shields, LA PJ Shovlain, FL Tom Shramek, NE Mr. and Mrs. Steve Sickler, CA Mr. Joseph M. Siemann, IL Sierra Sciences, LLC, NV Leonard and Judith Signeski, AZ Silver Ventures, TX Lee A. Silvestre, RI Ms. Fran Simmonds, GA Ms. Marie Simmons, MD Ms. Carolyn A. Simpson, OR Mr. and Mrs. Gregory B. Simunich, IL Single Ply Systems, MN Mr. and Mrs. Martin Sipple, FL Lew and Delores Sirian, NE Mr. Gregory Sisson, TX Mr. and Mrs. Clifford Skank, FL Dr. Gregory J. Skarulis, FL Diane Skeet, CO Mr. and Mrs. Everett L. Skillman, CA Mr. George Skrivan, IN Michael and Corinne Slade, FL Mr. Harold J. Sleicher, MI Sletten Construction, NV Mr. Robert F. Smith, NH Mr. and Mrs. Ferdinand J. Smith, III, NY Mr. David Smith, PA Mr. Frank Smith, IL Mr. David G. Smith, IA Dr. and Mrs. David Smith, FL Smith Bryan & Myers, Inc., FL Theodore A. Sniffen, HI Mr. and Mrs. John B. Snyder, MD Eleanor Snyder, NH Mrs. Anita Snydersmith, CO Ms. Ann Socolovitch, OH Solow Family Foundation, NJ Ms. Cari Sommer, NE Sonitrol, FL Daniel and Kathleen Sonnek, MN Soros Charitable Foundation, NJ Southern & Caribbean Agencies, Inc., FL Southern Waste Systems, FL Southwest Airlines, TX Patrice Sowers, NV Mr. and Mrs. Richard Spaen, MN Dr. Douglas Spellman, NE Mrs. Linda L. Spolar, WA Mr. Jack B. St. Clair, TX St. Philip the Apostle Catholic Church, TX Mr. Taylor Stamps, TN Larry and Jean Stark, NY Wendell and Lydia Starke, GA Mr. and Mrs. Frank Starkey, CA Evelyn C. Steen, WA Shawn and Connie Steinhoff, WI Mr. Stephen Steinkraus, IL Mr. Michael Stellmacher, MN Mrs. Maria Stellmack, FL Mary L. Stengel, FL David W. Stenjem, AZ Mr. Stephen Peter Stevenson, OR Mr. Donald Stewart, TX Maureen H. Stimmel, NJ Mrs. Bette Stocker, IL Mr. Robert E. Stokey, NY Mr. Rex D. Stone, RI Mr. and Mrs. Robert J. Strathman, KS Streck Labs, NE Mr. Robert Strickland, AL Mr. and Mrs. Gene Strickland, FL Robert and Lynne Strickland, GA Mr. Mervin Stringer, LA Mr. Stephen D. Suetterlein, VA Mr. Gregory J. Suiter, NE Publix Supermarkets, FL Mrs. Sieglinde Summer, CA Mr. K. R. Sundaresan, CA Alan and Mary Sutcliffe, FL Dr. Dawn M. Sweeney, NY
24 |
Talcor Commercial Real Estate, FL Tallahassee Ford Lincoln Mercury, FL Mr. Emmett Tangeman, NE Mrs. Sara M. Taone, IL Bob and Laura Tatten, NE Constance C. Taylor, TX Mr. and Mrs. Steven Taylor, NV Mr. and Mrs. Nicholas Teleck, NJ Mr. and Mrs. Alan J. Tennessen, MN Fred J. Terry, OR Terri Smith Photography, FL Mr. and Mrs. Phil Thielen, NE Think Creative, FL Mrs. Jeanne V. Thomas, CA Mr. and Mrs. William L. Thomas, FL Mr. John Thomas, FL The Thomas E. Hall Foundation, CA Maria C. Thomeer, TX Christopher Thurin, CA Tickets for Kids, PA Gladys Timbrook, MD Time Warner, TX The TJX Companies, MA Mr. H. Dean Tobin, CO Tomasini Family Foundation, WI Ms. Karen Tomilo, MI Mr. Raymond E. Toms, VA Toshiba Business Solutions California, CA Ms. Pamela Towers, NV Mr. Vincent Tragesser, IN Dr. and Mrs. Carl F. Tranisi, AZ Travelers Insurance, IL Tri Ag Supply, Inc., IL Philip E. Trickett, TX Ms. JoAnna Troppy, TX Richard Troth, CA Trow Engineering, FL Mr. Michael Troy, NJ Mrs. Susan Truax, AZ Mr. and Mrs. Robert Turnbull, CA Mrs. D. L. Tustison, AR David M. Twomey, IL UBS , NJ UCF A-Team Cornerstone , FL UCF Awesome Team Cornerstone , FL UCF Fantastic 5 Cornerstone, FL UFC- Ultimate Fighting Championship, NV Ulta Beauty, NE Ungaretti & Harris, LLP, IL Union Pacific Corporation, NJ United Way, TX United Way of Central New Mexico, NM United Way of Orange County, CA Mrs. Greta J. Vallerga, CA
Mrs. Cesare Valletti, NY Ms. Shirley A. Vallort, IL Vanyo, Inc., MN Varde Partners, Inc, MN Mr. and Mrs. Glenn Vavra, AZ Mike and Judy Vcelik, NE Lynn G. Vedovato, CT The Venetian, NV Veolia Transportation, IL Mr. and Mrs. Edward R. Verrochi, MA VFW Adam Walker Post 4259, GA Ms. Maureen Vice, TX Joe Vierra, HI Tom and Cindi Vigne, CA Ms. Norka Villacorta, NY George Villanyi, CA Vino 100 Las Vegas, NV Richard and Mary Vogel, IA Mr. Edward J. Voldrich, OH Mr. Michael L. Volstromer, MI Karen Von Amelunxen, NY John F. Vonderhaar, CA Voorhees Family Foundation, IA The Vos Family Foundation, MN Robert Vukojevich, CA Mr. and Mrs. Steve K. Wagner, SD
Thomas C. Waite, NV Leroy C. Walker, OR Mrs. Willard J. Walker, AR Wal-Mart Neighborhood Market #5132, FL Wal-Mart , RI Ed Walsh, PA Mr. Gary K. Walton, TX Lisa Warpinski, IL Robert and Pamela Warren, OH Stephan and Analee Wartinger, CA Mr. Donald Wassum, NC Leslie Watanabe, HI Watercolor Inn and Resort, FL Dr. and Mrs. Glenn Watson, TN Dr. and Mrs. James Watt, FL Mr. Norman Watts, VA Herb and Alice Webb, CA Mr. and Mrs. Dave Webber, NC Mrs. Stacey Wedding, NV Mr. William G. Welch, IN Deborah Welchel, TX Mr. and Mrs. Casey Weldon, FL Mr. Daniel J. Wellehan, ME Fr. Bruce Wellems, C.M.F., IL Ms. Mona E. Welter, WY Wenwach Foundation, CT Kimberly Werner, NE Mr. and Mrs. Bernard Westner, TN Mrs. Helena Whalen, NY Mrs. Helen White, NC Mr. and Mrs. J. R. Whiteley, Jr., TX George P. Whitman, GA
Mrs. Blanca E. Wilches, VA Mr. Bernard W. Wille, CA William and Marian Ghidotti Foundation, CA Jerry and Jaslyn Williams, NV Bill Williams, AR Emily Williams, GA Robbie Williams, WA Ms. Betty L. Williams, TX Williams Family Foundation, Inc., IL Mr. Robert A. Wilson, MI Mr. and Mrs. Richard C. Wilson, TX Mr. George Wilson, OK Mr. and Mrs. Ron Wilwerding, NE Jack and Karen Witter, CA James and Catherine Wolaver, TX Dr. Benjamin Wolfson, NJ Mrs. D. Opal Wood, IL David Wood, NE Ms. Lucille Woodring, CA Ms. Elizabeth Woods, CA Ralph Wright, IL Paul L. Wykowski, IA Ms. Helen M. Yamada, NY Stacy Young, NE Daryl and Ruth Youngman, OK Dolores Yunker, CO Mrs. Aneda Zablocki, TX Zachry Holdings, Inc., TX Mr. and Mrs. Milton Zaiontz, TX Mr. and Mrs. Michael Zaslawsky, CA Randy M. Zechman, CA Mr. and Mrs. Ernest Zeller, IN
Our in-depth,
ongoing research
uniquely positions Boys Town to
understand the nature of problems children and families face today and to
identify the most effective methods to help them.
| 25
Needy Children should spend, on average, between 4 and 5 percent of its market value in order to maintain its purchasing power.
Supporting services comprised only 11.20 percent of total expenses, which is significantly lower than the national benchmark of 35 percent the not-forprofit industry utilizes.
programs
88.80 %
fund raising
6.57 %
4.63 %
26 |
KPMG LLP
Suite 1501 Two Central Park Plaza Omaha, NE 68102 Suite 1600 233 South 13th Street Lincoln, NE 68508-2041
Independent Auditors Report The Board of Trustees Father Flanagans Boys Home We have audited the accompanying consolidated statement of financial position of Father Flanagans Boys Home d/b/a Boys Town (Boys Town) as of December 31, 2009, and the related consolidated statements of activities, cash flows, and functional expenses for the year then ended. These consolidated financial statements are the responsibility of Boys Towns management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of Boys Towns internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Father Flanagans Boys Home d/b/a Boys Town as of December 31, 2009, and the changes in its net assets and its cash flows for the year then ended, in conformity with U.S. generally accepted accounting principles. As discussed in note 2(f) to the financial statements, Boys Town adopted the provisions of Accounting Standards Update 2009-12, Investments in Certain Entities that Calculate Net Asset Value per Share (or its Equivalent), regarding certain investments in funds that do not have readily determinable fair values.
KPMG LLP, a U.S. limited liability partnership, is the U.S. member firm of KPMG International, a Swiss cooperative.
| 27
Boys Town
Assets Cash and cash equivalents $ Investment income receivable Accounts receivable Inventories Notes receivable Prepaid expenses Other assets Pledges receivable Pension asset Investments Beneficial interest in trust assets Interest in Father Flanagans Fund for Needy Children Cash restricted for purchase of long-term assets Land, buildings, and equipment, net Total assets Liabilities and Net Assets Liabilities: Accounts payable Accrued liabilities Deferred revenue Notes payable Bonds payable Pension and postretirement benefits liability Net assets: Unrestricted Temporarily restricted Permanently restricted Total liabilities $
Boys Town and program-related affiliates 6,751 68 22,835 1,635 156 2,798 1,501 226 37,679 98,499 64,376 782,125 137 120,840
El
1,139,626
782,377
996,478
782,125
1,139,626
782,377
28 |
Position
Boys Town consolidated total 6,751 606 22,772 1,635 156 2,798 1,501 226 37,679 880,338 64,376 137 120,840
38 39
77
(782,188)
1,139,815
52
11,348 32,222 761 4,657 47,566 143,337 907,316 26,545 62,617 996,478 46,783
52
25
25
(782,125)
77
(782,188)
1,139,815
| 29
Boys Town
Boys Town and program-related affiliates Temporarily Permanently Unrestricted restricted restricted Revenues, gains, and other support: Contributions Legacies and bequests Program service revenues Other revenues Investment income Realized and unrealized gains on investments Gain on beneficial interest in trust assets Net assets released from restrictions Expenses: Program services Supporting services $ 101,813 11,312 133,441 1,790 4,213 5,271 1,043 2,877 800 2,345 491 (1,041) 5,472 3,648 774 7,067 (2)
C Un
258,883
11,487
Total expenses
270,259 33,318
Change in net assets of Father Flanagans Fund for Needy Children Support from Father Flanagans Fund for Needy Children Pension-related changes other than net periodic pension cost Net assets, beginning of year Net assets, end of year Increase in net assets
270,259 33,318
5,472
11,487
831,044
76,272
907,316
21,073
5,472
11,487
26,545
51,130
62,617
996,478
30 |
Father Flanagans Fund for Needy Children Unrestricted 398 19,374 102,980
Eliminations
Boys Town consolidated total 108,338 12,086 133,441 2,188 24,387 110,596 7,558
38 86 41 90 13 16 58
42
122,752 770
398,594
59 18
77
770
304,347 94,247
270,259 34,088
35)
95 87 16)
31
47
78
782,125
(782,125)
903,247
93,231
(1,016)
996,478
| 31
Boys Town
Program services Nebraska Iowa Services Salaries Employee benefits Payroll taxes $ 21,959 4,295 1,849 2,768 1,416 6,145 1,364 186 211 235 498 542 266 1,234 747 1,532 Home Campus Educational Program 5,732 1,045 465 17 768 2,861 498 13 3 83 88 17 31 49 68 896 7,242 Programs across America 32,280 6,604 3,262 1,962 2,980 1,696 929 524 326 490 573 1,440 625 194 877 2,161 Boys Town National Research Hospital 36,577 7,275 3,812
Boys Town National Hotline and Public Services 1,934 303 140
Specific assistance to youth Occupancy Contract services Supplies Printing and publications Postage Equipment rental and maintenance Professional fees Travel Telephone Interest Other
28,103
42,146
43,715 45,247
11,738 12,634
54,762 56,923
171 2,628 12,653 7,617 328 149 1,262 2,426 426 473 760 2,192 78,749 3,969
47,664
2,377
127,532
261,592
4,918 7,862 23,657 10,627 2,096 1,211 2,100 71,495 2,444 1,449 2,239 3,962 8,667
82,718
72,737
270,259
32 |
Supporting services Management and general 7,220 1,530 556 179 633 201 657 472 289 1,776 69 64 12 177 264 9,306
Total 10,396 2,213 824 283 1,463 573 8,271 4,947 525 2,356 172 93 874 590 508
Total expenses 108,878 21,735 10,352 4,918 8,145 25,120 11,200 10,367 6,158 2,625 73,851 2,616 1,542 3,113 4,552 9,175
,918 ,862 ,657 ,627 ,096 ,211 ,100 ,495 ,444 ,449 ,239 ,962
,532
,592
,259
,667
13,835
19,745
104 830 372 7,614 4,475 236 580 103 29 862 413 244
4,127
13,433
140,965
33,580
295,172
14,099
19,989
34,088
304,347
| 33
Boys Town
Cash flows from operating activities: Increase in net assets Adjustments to reconcile increase in net assets to net cash flows used in operating activities: Pension-related charges other than net periodic pension costs Retiree pension expense Postretirement benefits expense Realized and unrealized gains on investments Gain on beneficial interest in trust assets Gain on sale of building and equipment Depreciation Amortization of discounted liabilities Termination of annuity agreements In-kind contributions Contributions restricted for long-term investments Net changes in assets and liabilities: Decrease in investment income receivable Decrease in accounts receivable Increase in inventories Decrease in notes receivable Increase in prepaid expenses Increase in other assets Decrease in pledges receivable Increase in beneficial interest in trust assets Increase in accounts payable Increase in accrued liabilities Increase in deferred revenue Decrease in pension and postretirement benefit obligation Cash flows from investing activities: Purchases of buildings and equipment Purchases of assets restricted to investment in equipment and purchase of equipment Sale of assets restricted to investment in equipment and purchase of equipment Sales of building and equipment Proceeds from sale of investments Purchases of investments Cash flows from financing activities: Proceeds from gift annuities issued Contributions restricted for investment in property and equipment Payments on bonds payable Payments on notes payable Payments on annuity obligations Payments on capital lease obligations Net cash flows used in financing activities Net increase in cash and cash equivalents Net cash flows provided by investing activities Net cash flows used in operating activities
93,231 1,016 118 1,837 (110,596) (7,558) (138) 9,175 (44) (38) (87) (54) 888 1,076 (653) 18 (1,049) (154) 526 (5,527) 2,246 300 760 (1,532)
(16,239)
Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year
$ $
6,751 3,052
5,018
1,733
(582)
Supplemental disclosure of cash flow information: Cash paid during the year for: Interest See accompanying notes to consolidated financial statements. 4
34 |
Boys Town
(1)
Nature of Operations Father Flanagans Boys Home and its affiliates, a nonsectarian, not-for-profit organization governed by a volunteer board of trustees, operates as Boys Town. Boys Towns mission is to change the way America cares for children, families, and communities by providing and promoting an Integrated Continuum of Care that instills Boys Town values to heal body, mind, and spirit. Boys Town accomplishes this by providing housing, care, treatment, support, and/or educational services for youth who are at-risk, wayward, troubled, or disadvantaged, or have otherwise demonstrated communication and learning disabilities, and to equip and prepare them to lead useful lives. Boys Towns revenues are derived from contributions, contracts, program service fees, and support from Father Flanagans Fund for Needy Children. A description of the major program services follows: Nebraska/Iowa Services consists of Specialized Treatment and Group Home Services, Treatment Family Services, Intervention and Assessment Services, In-home Family Services, Foster Family Services, and Child and Community Support Services including Common Sense Parenting. There are 70 family style, treatment family homes on the Home Campus, which is in the incorporated Village of Boys Town, Nebraska (the Village). These homes have a total capacity of 512 youth. Six to eight troubled boys or girls from throughout the United States of America, with ages generally ranging from 8 to 18, live in a home with a specially trained professional married couple called Family Teachers. The couple provides treatment planning, skill development, spiritual guidance, a family style environment, and love and care, with the help of an Assistant Family Teacher. Each home is monitored, evaluated, and advised by a Clinical Director and other support personnel. The homes are certified by the Joint Commission and Council on Accreditation. Homes are not mixed by gender but are mixed by age, ethnic, and religious backgrounds. The campus program is also served by two Intervention and Assessment Homes, which provide crisis intervention for youth. In the behavioral health services category, 6 of the 70 homes are Specialized Treatment Foster Care Homes four for boys and two for girls. Each Specialized Treatment Foster Care Home, which is a family style program, has four youth with a trained married couple and an assistant. To complete Boys Towns Integrated Continuum of Care, the Boys Town National Research Hospital provides services for youth with behavioral health concerns and who could not yet live successfully in Boys Towns family style homes with six to eight other youth. These services include BOYS TOWN four Specialized Treatment Group Homes located in the Village and an Intensive Residential Notes to Boys Town National Research Hospital. Including these services, the Treatment Center located at the Consolidated Financial Statements total capacity of the Village is 554 youth and a total of 601 in the metropolitan area. December 31, 2009
(Dollar Center for Behavioral The Home Campus also operates aamounts in thousands) Health, which serves approximately 1,500 youth and families with behavioral problems on an outpatient basis and is a training center for doctoral level psychologists. The Nebraska Families Collaborative (NFC) is a partnership between Boys Town, Child Savings Institute, Heartland Family Service, Nebraska Family Support Network, and OMNI Behavioral Health. The NFC receives cases from the Nebraska Department of Health and Human Services and 6 (Continued) is responsible for service coordination and management. They work very closely with the Nebraska Child and Family Service Specialist to develop and coordinate service plans for children and families. The NFC began serving children and families in November 2009. The Home Campus Educational Program consists of the Boys Town High School and the Wegner Middle School. The Village schools serve youth at Boys Town and provide academic and vocational training skills necessary for contemporary society. All Boys Towns schools are fully accredited by the State of Nebraska and the North Central Association. These schools include the Boys Town Reading Center, which delivers reading programs to children at both schools. The Reading Center conducts applied research and then designs programs aimed at improving the reading and writing skills of at-risk adolescents. These research-based programs are disseminated to schools locally and around the country. A full range of special education services is provided to all youth who require this type of assistance. The Boys Town Day School serves youth in kindergarten through twelfth grade who cannot receive education services in a public or alternative school setting due to behavioral problems and academic deficiencies. The Day School meets all requirements of a Level III school under Nebraska Department of Educations Rule 51. The Day School currently educates students from eight school districts in Nebraska and one school district in Iowa. The Day School has also served parentally placed private youth and court placed youth. Programs across America directly served over 14,000 youth in over a dozen sites nationwide. Programs offered throughout the nation include Intervention and Assessment Services, Treatment Family Services, Foster Family Services, In-Home Family Services, and Community Support Services including Common Sense Parenting. Boys Town invests and emphasizes quality through staff training, evaluation, and outcomes research by having a department committed to the quality of Boys Towns programs. The Training,
| 35
education services in a public or alternative school setting due to behavioral problems and academic deficiencies. The Day School meets all requirements of a Level III school under Nebraska Department of Educations Rule 51. The Day School currently educates students from eight school districts in Nebraska and one school district in Iowa. The Day School has also served parentally placed private youth and court placed youth. Programs across America directly served over 14,000 youth in over a dozen sites nationwide. Programs offered throughout the nation include Intervention and Assessment Services, Treatment Family Services, Foster Family Services, In-Home Family Services, and Community Support Services including Common Sense Parenting. Boys Town invests and emphasizes quality through staff training, evaluation, and outcomes research by having a department committed to the quality of Boys Towns programs. The Training, Evaluation and Certification Department (TEC) provides technical training, evaluation, and quality control/quality assurance of Boys Towns nationwide system of services. TEC also provides training and other services for parents, child-care providers, and educators. Services are offered through professional development seminars, comprehensive consulting services, books from the Boys Town Press, and training packages. In 2009, 7,000TOWN teachers, administrators, and professionals were BOYS parents, trained allowing Boys Town to impact approximately 129,000 children through this training. Notes to Consolidated Financial Statements Boys Town National Research Hospital (BTNRH) in Omaha, Nebraska, is recognized December 31, 2009 internationally as a leader in communication disorder research and as a referral center for children (Dollar amounts in cleft lip with disorders of the ear, hearing and balance,thousands)and palate, speech and voice, as well as related disabilities. BTNRH clinical programs served more than 42,000 children and adolescents in 2009 through a total of more than 188,000 patient visits.
Boys Town Pediatrics, BTNRHs group of 28 general pediatricians, provides primary care pediatric medical services at seven clinic locations in the Omaha area. In addition, Boys Town Pediatrics 7 (Continued) partners with a not-for-profit Omaha health system in providing a pediatric urgent care service and general pediatric inpatient services at Alegent Health Bergan Mercy Medical Center. BTNRH also provides medically directed behavioral service. These services include four Specialized Treatment Group Home Services located in the Village of Boys Town two for 13 boys, and two for 13 14 girls. These homes are operated on a shift basis and are staff secured. BTNRH also operates an Intensive Residential Treatment Center for 47 boys and girls located on the downtown hospital campus. The Lied Learning and Technology Center for Childhood Deafness and Vision Disorders, a separate 501(c)(3) corporation, is a research and treatment facility operated and occupied by BTNRH personnel. Boys Town National Hotline and Public Services meets the information and public service needs of youth parents, teachers, youth care workers, and others who are involved directly or indirectly with helping youth; including homeless, abused, neglected, and handicapped youth. The Boys Town National Hotline at 1-800-448-3000 helps hundreds of thousands of children and families throughout all 50 states each and every year. The Hotline provides two types of services: the first is a toll-free crisis service for troubled children and families, which received about 128,000 calls in 2009; the second is a noncrisis and resource referral service, which received approximately 65,000 calls in 2009. The Hotline operates 24 hours a day, seven days a week, with trained, skilled, professional operators. (2) Summary of Significant Accounting Policies The following is a summary of significant accounting policies used in the preparation of the consolidated financial statements: (a) Basis of Presentation The accompanying consolidated financial statements, include the accounts of Father Flanagans Boys Home, its affiliates (Boys Town California, Inc., Boys Town Central Florida, Inc., Boys Town North Florida, Inc., Boys Town Nevada, Inc., Boys Town New England, Inc., Boys Town Chicago, BOYS TOWN Inc., Boys Town Texas, Inc., Boys Town Louisiana, Inc., Boys Town New York, Inc., Boys Town Washington, D.C., Inc., and to Consolidated FinancialTown, Florida, Inc.), Father Flanagans Fund Notes Father Flanagans Boys Statements for Needy Children (FFFNC), the Lied Learning and Technology Center for Childhood Deafness and December 31, 2009 Vision Disorders, a separate 501(c)(3) corporation operating in support of BTNRH, and Nebraska Families Collaborative, a separate nonprofit in thousands)in which Boys Town has a controlling (Dollar amounts corporation partnership interest. All intercompany balances and transactions have been eliminated in consolidation.
(b) Basis of Accounting The accompanying consolidated financial statements have been prepared on the accrual basis of accounting. Resources are reported for accounting purposes into separate classes of net assets based 8 (Continued) on the existence or absence of donor-imposed restrictions. In the accompanying consolidated financial statements, net assets that have similar characteristics have been combined into similar categories. The unrestricted net assets account for resources over which the governing board has discretionary control to use in carrying on the operations of Boys Town. The FFFNC support fund consists of unrestricted net assets, which the Board of Trustees have determined are to be retained for the exclusive purpose of providing financial support to the various Boys Town programs. The temporarily restricted net assets account for those resources currently available for use, but expendable only for purposes specified by the donor or grantor, or which will become available for use at a later time. The permanently restricted net assets represent the principal amount of gifts and bequests accepted with the donor stipulation that the principal be maintained intact and that only the income from investment thereof be expended either for general purposes or for purposes specified by the donor. Permanently restricted net assets also represent Boys Towns interest in perpetual trusts held by other trustees but which benefit Boys Town. (c) (d) Cash and Cash Equivalents Cash and cash equivalents include investments with an original maturity of three months or less. Inventories Inventories are valued at the lower of cost or market with cost determined principally on the first-in, first-out method.
36 |
The permanently restricted net assets represent the principal amount of gifts and bequests accepted with the donor stipulation that the principal be maintained intact and that only the income from investment thereof be expended either for general purposes or for purposes specified by the donor. Permanently restricted net assets also represent Boys Towns interest in perpetual trusts held by other trustees but which benefit Boys Town. (c) (d) Cash and Cash Equivalents Cash and cash equivalents include investments with an original maturity of three months or less. Inventories Inventories are valued at the lower of cost or market with cost determined principally on the first-in, first-out method. (e) Interest in Net Assets of Father Flanagans Fund for Needy Children Because of Boys Towns relationship as FFFNCs sole member and the overall financial interrelationship of the organization and FFFNC, Boys Town reports its interest in the net assets of Father Flanagans Fund for Needy Children in the statement of financial position, with corresponding changes in those net BOYS reported in the accompanying consolidated statement of assets TOWN activities. Notes to Consolidated Financial Statements Investments December 31, 2009
(f)
Investments, including equity(Dollar amounts in thousands) at fair value. Investments in securities and debt securities, are reported traded on a national securities exchange are valued at the latest quoted market prices. Investments in closely held stock and real estate are estimated based on independent appraisals and information provided by the respective companies. For debt securities, if quoted market prices are not-available, the fair values are estimated using pricing models, quoted prices of similar securities with similar characteristics, or discounted cash flows. Boys Town adopted the provisions of Accounting 9 (Continued) Standards Update No. 2009-12, Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent), regarding certain investments in funds that do not have readily determinable fair values including private investments, hedge funds, real estate, and other funds. These provisions allow for the estimation of the fair value of investments in investment companies for which the investment does not have a readily determinable fair value using net asset value per share or its equivalent. Donated investments are reported at estimated fair value at the date of receipt. Realized gains and losses on sales of investments are recognized in the consolidated statement of activities as specific investments are sold. Interest is recognized as earned. Dividend income is recognized on the ex-dividend date. All realized and unrealized gains and losses and income arising from investments are recognized in the consolidated statement of activities as increases or decreases to unrestricted net assets unless their use is restricted by donor stipulation or law. BOYS TOWN Fair Value Measurements Notes to Consolidated Financial Statements Boys Town applies the provisions included in ASC Topic 820 for fair value measurements of December 31, fair value measurements of nonfinancial items that financial assets and financial liabilities and for 2009 are recognized or disclosed(Dollar amounts inthe consolidated financial statements. Fair value is at fair value in thousands) defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
(g)
(h)
Fair Value of Financial Instruments The following table presents the carrying amount and estimated fair values of Boys Towns financial instruments at December 31, 2009:
Carrying amount Financial assets: Cash and cash equivalents Investment income receivable Accounts receivable Notes receivable Prepaid expenses Pledges receivable Investments Cash restricted for purchase of long-term assets Beneficial interest in trust assets $ 6,751 606 22,772 156 2,798 226 880,338 137 64,376 11,348 32,222 761 4,657 47,566
Fair value 6,751 606 22,772 156 2,798 226 880,338 137 64,376 11,348 32,222 761 4,657 (Continued) 50,260
Financial liabilities: Accounts payable Accrued liabilities Deferred revenue Notes payable Bonds payable
10
The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and cash equivalents, investment income receivable, accounts receivable, prepaid expenses, cash restricted for purchase of long-term assets, accounts payable, accrued liabilities, and deferred revenue: The carrying amounts approximate fair value because of the short maturity of these instruments. The carrying value of notes receivable approximates the fair value as all notes are due or mature within the next six months. Investments are stated at fair value as discussed in note 2(f), note 4, and above. The carrying value of pledges receivable approximates fair value as the majority of these pledges (approximately 97%) mature within the next 13 months, and the discounted cash flows are reflective of current market rates for similar periods. The carrying value of notes payable approximates fair value since interest rates closely reflect current market rates. Beneficial interest in trust assets represents Boys Towns interest in assets held in perpetuity and remainder trust controlled by independent trustees. The estimated value is Boys Towns percentage interest in the fair value of investments as reported by the independent trustees. Bonds payable were valued using quoted market prices for specific bonds. For one bond that did not have a quoted market price available, the fair value was determined using the rate observed for a similar bond issued by Boys Town with similar terms that had a quoted market price. 11 (Continued) 2 0 0 9 A n n u A l R e p o R t
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(i)
Land, Buildings, and Equipment Land, buildings, and equipment are stated at cost, including capitalized interest when applicable. For the year ended December 31, 2009, Boys Town capitalized $129 in interest. Provisions for depreciation are computed using the straight-line method based on the estimated useful lives of the assets. Gifts of long-lived assets such as land, buildings, or equipment are reported as unrestricted support, unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used, and gifts of cash or other assets that must be used to acquire long-lived assets, are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, expirations of donor restrictions are reported when the donated or acquired long-lived assets are placed into service. Contributions restricted to the purchase of property and equipment in which restrictions are met within the same year as received are reported as increases in unrestricted net assets.
(j)
Impairment of Long-Lived Assets Long-lived assets, such as property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized to the extent the carrying amount of the asset exceeds its fair value.
(k)
Contributions Donated properties and materials are recorded as public support at their estimated fair value at date of donation. In 2009, Boys Town began recognizing donated advertising and air time which are recorded as revenues (and as a program expense) at their estimated fair value of $67,629, which amount is consistent with prior years. All contributions are considered to be available for unrestricted use unless specifically restricted by the donor. Amounts received that are designated for future periods or restricted by the donor for specific purposes are reported as temporarily restricted or permanently restricted support that increases those net asset classes. However, if a restriction is fulfilled in the same time period in which the contribution is received, Boys Town reports the support as unrestricted. Contributions of services are recognized if TOWN BOYS the services received 1) create or enhance nonfinancial assets or 2) require specialized skills, are provided by individuals possessing those skills, and would Notes to Consolidated Financial Statements typically need to be purchased if not provided by donation. In 2009, $23 in contributed services was December 31, 2009 recognized.
(l)
BTNRH has agreements with third-party payors that provide for payments at amounts different from its established rates. Payment arrangements include prospectively determined rates per discharge, reimbursed costs, discounted charges, and per diem payments. Net patient service revenue is reported at the estimated net realizable amounts from patients, third-party payors, and others for 12 (Continued) services rendered.
(m)
Income Taxes Boys Town and its affiliates are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Boys Town accounts for uncertainties in accounting for income tax assets and liabilities using the guidance included in FASB ASC Topic 740, Income Taxes. Boys Town recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. At December 31, 2009, Boys Town had no uncertain tax positions accrued.
(n)
Pension and Other Postretirement Plans Boys Town has two defined benefit pension plans consisting of one for employees who retired prior to January 1, 1998, and the other for active employees as of January 1, 1998. Boys Town also provides health care benefits for substantially all retired employees. Boys Town records annual amounts relating to its pension and postretirement plans based on calculations that incorporate various actuarial and other assumptions, including discounts rates, mortality, assumed rates of return, compensation increases, turnover rates, and healthcare cost trend rates. Boys Town reviews its assumptions on an annual basis and makes modifications to the assumptions based on current rates and trends when it is appropriate to do so. The effect of modifications to those assumptions is recorded in pension-related changes other than net periodic pension cost and amortized to net periodic cost over future periods using the corridor method. Boys Town believes that the assumptions utilized in recording its obligations under its plans are reasonable based on its experience and market conditions.
(o)
Use of Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
(3)
Fair Value Measurements ASC Topic 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that Boys Town has the ability to access at the measurement date.
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13
(Continued)
Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The following table presents assets and liabilities that are measured at fair value on a recurring basis at December 31, 2009:
Quoted prices in active markets for identical assets (Level 1) 6,751 308,134 315,022 137 Significant other observable inputs (Level 2) 212,611 212,611
December 31, 2009 Cash and cash equivalents Investments Beneficial interest in trust assets Cash restricted for purchase of long-term assets Total $ 6,751 880,338 64,376 $ 951,602 137
Certain investments classified in Levels 2 and 3 consist of shares or units in investment funds as opposed BOYS TOWN to direct interests in the funds underlying holdings, which may be marketable. Because the net asset value reported by each fund is used as ato Consolidated Financial Statementsfair value of Boys Towns interest Notes practical expedient to estimate the therein, its classification in Level 2 or 3 is based on Boys Towns ability to redeem its interest at or near the date of the consolidated statement of December 31, 2009 the interest can be redeemed in the near term, financial position. If the investment is classified in Level 2. The classification of investments in the fair value hierarchy is not (Dollar amounts in thousands) necessarily an indication of the risks, liquidity, or degree of difficulty in estimating the fair value of each investments underlying assets and liabilities.
The following table presents Boys Towns activity for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2009:
Balance at December 31, 2008 $ Total realized and unrealized gains and losses included in changes in net assets, net Purchases, issuance, and settlements (net) Transfers in and/or out of Level 3 $
Realized and unrealized gains (or losses) included in the increase of net assets for 2009 for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) are reported in the consolidated statement of activities:
Total realized gains Change in unrealized gains or losses relating to assets still held Gain on beneficial interest in trust assets
77,811
The consolidated financial statements as of and for the year ended December 31, 2009 do not include any nonrecurring fair value measurements relating to assets or liabilities. (4) Investments The primary management of all investments is performed by seven professional investment advisors, eighty-three limited partnerships, five mutual funds, and three commingled trusts. Investment income is reported net of management fee expense of $1,230. Boys Town uses derivative financial instruments as part of its overall investment strategy. Boys Town primarily utilizes futures contracts to manage the level of exposure to interest rate risk attributable to changes in market interest rates. Boys Town also entered into crude oil and natural gas swaps to manage its level of exposure to oil and gas prices attributable to funds in Boys Towns investment portfolio that are significantly affected by the price of oil and natural gas (note 16). Settlements under these derivative financial instruments are a component of realized and unrealized gains (losses) on investments in the consolidated statement of activities.
15
(Continued)
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$ $ $
775,253
880,338
The estimated value of certain alternative investments and nonmarketable securities, such as partnerships, and closely held stock was provided by the respective companies and independent appraisals. For these alternative investments, Boys Town used the net asset value (or its equivalent) reported by the underlying fund to estimate the fair value of the investment. Below is a summary of investments accounted for at net asset value:
* Redemption frequency (if currently eligible) m/q/sa/a m/q/sa/a monthly N/A daily N/A Redemption notice period 15-90 days 7-180 days 10-30 days N/A daily N/A
Fair value
Unfunded commitments
Domestic equity funds (a) $ 95,052 Absolute return funds (b) 132,288 International equity (c) 77,538 BOYS TOWN Private equity funds (d) 80,349 33,495 Notes to Consolidated Financial Statements Fixed income (e) 49,891 Real assets (f) 79,189 15,615 December 31, 2009 $ 514,307 49,110 (Dollar amounts in thousands) * m monthly, q quarterly, sa semiannual, a annual
(a) (b)
This category includes investments in funds that primarily invest in U.S. common stocks. Of this (Continued) category, $41 million employ a long-short 16 strategy. The category includes investments in funds that invest in a mix of securities including equities and fixed income. The funds are primarily multi-strategy in their approach and may include such tactics as risk arbitrage, distressed credit, and other long-short strategies. Of this balance, $25 million is restricted for the next twelve months at which time it will be available annually subject to a 180-day redemption notice. This category includes investments in funds that primarily invest in international common stocks. This category includes investments in private equity funds that invest primarily in private companies at various stages of development and maturity. These include funds pursuing a leveraged buyout, growth equity, or venture capital strategy through investments across the capital structure. The fair values of the investment in this category have been estimated using the net asset value of Boys Towns ownership interest in partners capital. These investments can never be redeemed with the fund. Distributions from each fund will be received as the underlying investments of the funds are liquidated. It is estimated that the underlying assets of the fund will be liquidated over the next 4 to 6 years. This category includes investments in funds that primarily invest in fixed income securities of U.S. government and federal agencies and U.S. or developed nations listed companies. They may also include private placement securities of corporate borrowers and structured securities such as mortgage backed securities or other asset backed securities investments. This category includes real estate funds that employ a value-add strategy across multiple property types including multifamily, office, industrial, and retail. It also includes energy funds that invest primarily in interests of oil and gas properties. The fair values of the investments in the real estate funds have been estimated using the net asset value of the Boys Towns ownership interest in partners capital. These investments can never be redeemed with the fund. Distributions from real estate funds will be received as the underlying investments of the funds are liquidated, and distributions from energy funds will be received from the production and marketing of oil and gas and upon final sale of the underlying interests in the properties. It is estimated that the underlying assets of the fund will be liquidated over the next 4 to 7 years.
(c) (d)
(e)
(f)
Due to the nature of the investments held by the funds, changes in market conditions and the economic environment may significantly impact the net asset value of the funds and, consequently, the fair value of the Boys Towns interests in the funds. Although a secondary market exists for these investments, it is not active and individual transactions are typically not observable. When transactions do occur in this limited secondary market, they may occur at discounts to the reported net asset value. It is therefore reasonably possible that if Boys Town were to sell these investments in the secondary market a buyer may require a discount to the reported net asset value, and the discount could be significant.
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17
(Continued)
(5)
Pledges Receivable Unconditional promises to give are recorded at net realizable value. Conditional promises to give are not included as support until the conditions are substantially met. The discounts on those amounts are computed using a risk-free interest rate applicable to the years in which promises are received. Amortization of the discounts is included in contribution revenue. Receivable balances as of December 31, 2009 are as follows:
55 75 101 231
(5)
$ $ $
Amounts due in: Less than one year One to five years Total
Discount rates ranged from 2.2% to 4.7%. (6) Net Patient Service Revenue BTNRH has agreements with third-party payors that provide for payments to BTNRH at amounts different from its established rates. A summary of the payment arrangements with major third-party payors follows: Medicaid Inpatient services rendered to Medicaid program beneficiaries are paid at prospectively determined rates per discharge. Certain outpatient services are reimbursed based on a percentage rate representing the average discounted ratio of cost to charges. Clinic services are paid based on fee schedule amounts. Revenue from the Medicaid program accounted for approximately 27% of BTNRH net patient service revenue for the year ended December 31, 2009. Laws and regulations governing the Medicaid program are BOYS TOWN extremely complex and subject to interpretation. As a result, there is at least a reasonable possibility that Notes to Consolidated Financial Statements recorded estimates will change by a material amount in the near term.
December 31, 2009 BTNRH has also entered into payment agreements with certain commercial insurance carriers and health maintenance organizations. The basis for payment thousands) (Dollar amounts in under these agreements includes discounts from established charges, prospectively determined per diem rates, fee schedules, and prospectively determined rates per discharge. 18 (Continued) Net patient service revenue, as reflected in program service revenues in the accompanying consolidated statement of activities, consists of the following:
Gross patient charges: Inpatient charges Outpatient charges Behavioral health/residential charges
Less: Deductions from gross patient charges contractual adjustments Medicare, Medicaid, and other Net patient service revenue
111,528
46,849
64,679
(7)
Land, Buildings, and Equipment, net Land, buildings, and equipment, net as of December 31, 2009, are as follows:
Land Buildings Equipment Equipment under capital lease Construction in process Less accumulated depreciation
142,225 120,840
263,065
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(8)
Notes and Bonds Payable Total notes and bonds payable as of December 31, 2009, excluding the capital lease obligations, are summarized below:
(a) (b) (c) (d) (e) (f) (g) (h) Term bond, Series 2005, due through September 1, 2030 Term bond, Series 2003, due June 27, 2013 Term bond, Series 2008, due through September 15, 2028 Term bond, Series 2008, due through September 15, 2028 Note payable, secured by building, due through March 1, 2016 Note payable, unsecured due August 2014 Term loan, unsecured, due October 2010 Note payable, secured by building, due and forgivable June 21, 2020 Total debt Unamortized discounts $ 9,850 8,200 6,740 23,670 798 133 2,826 900 53,117 (894)
52,223
(a)
On September 1, 2005, revenue bonds of Hospital Authority No. 2 of Douglas County (Boys Town Project) were issued at a discount of $100 for net proceeds of $10,899. Unamortized discount at December 31, 2009 is $82. Interest is payable semiannually at rates that vary between 2.85% and 4.15%. Bonds are callable starting September 1, 2015. On June 27, 2003, a term bond of Nebraska Elementary and Secondary School Finance Authority Educational Facility (Father Flanagans Boys Home Project) was issued. Interest is payable semiannually at 3.91% per annum. On September 15, 2008, a term bond of Hospital Authority No. 2 of Douglas County, Nebraska Healthcare Revenue Bonds (Boys Town Project) was issued at a discount of $187 for net proceeds of $6,553. Unamortized discount at December 31, 2009 is $180. Interest is payable semiannually at 4.75% per annum. Bonds are callable starting September 1, 2018. On September 15, 2008, a term bond of Nebraska Elementary and Secondary School Finance Authority Educational Facility Revenue Bonds (Boys Town Project) was issued at a discount of $657 for net proceeds of $23,013. Unamortized discount at December 31, 2009 is $632. Interest is payable semiannually at 4.75% per annum. Bonds are callable starting September 1, 2018. Payable in monthly installments at a rate of 6.625%. BOYS TOWN Payable in monthly installments at a rate of 5.39%. Notes to Consolidated Financial Statements
(b)
(c)
(d)
Interest is payable monthly at a floating rate equal2009 December 31, to 2.0% greater than the Federal Home Loan Bank of Boston 30-day Classic Advance Rate. At December 31, 2009, the rate was 2.2%. (Dollar amounts in thousands) Interest is paid at 0% per annum. Imputed interest was calculated at 6.7%.
20 (Continued) Boys Town had an available line of credit of $5,000 as of December 31, 2009 of which no amount was drawn down.
Boys Town had an irrevocable letter of credit of $2,385 as of December 31, 2009, in favor of its workers compensation insurance carrier. No funds have been drawn as of December 31, 2009. Father Flanagans Fund for Need Children had an available line of credit of $15,000 as of December 31, 2009 of which no amount was drawn down. The following table presents aggregate debt maturities as of December 31, 2009:
Total debt
(9)
Pension Plans and Other Postretirement Benefit Plans Boys Town has a 401(k) plan and defined benefit pension plans that together cover substantially all of its employees. All participants of Boys Towns 401(k) plan receive a 3% contribution of their salary to the plan from Boys Town on an annual basis. Boys Town will also match 50% of up to 6% of the participants contributed salary on a monthly basis. Total employer expense to the 401(k) plan was $4,569 for the year ended December 31, 2009. Boys Town has two defined benefit pension plans consisting of one for employees who retired prior to January 1, 1998, and the other for active employees as of January 1, 1998. The plan assets for the pension plans are held in a master trust. The benefits are based on the employees years of service and highest sixty-month average compensation. Boys Towns policy is to fund, at a minimum, the net periodic pension cost. Boys Town also provides certain health care benefits for substantially all of its retired employees. The health care plan is contributory with participants contributions adjusted periodically. Boys Towns postretirement health care plan is not currently funded.
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The following summarizes the projected benefit obligation, the fair value of plan assets, and the funded status at the measurement date of December 31, 2009:
Pension benefits Change in benefit obligation: Benefit obligation at beginning of year Service cost Interest cost Plan participants contributions Actuarial loss Benefits and expenses paid Federal subsidy receipts Change in plan assets: Fair value of plan assets at beginning of year Actual return on plan assets Employer contribution Plan participants contributions Benefits and expenses paid Transfers out Fair value of plan assets at end of year Funded status at end of year $ Benefit obligation at end of year $ 49,840 921 3,036 2,875 (2,904) 53,768 Health care benefits 24,213 878 1,792 405 7,539 (1,946) 8 32,889
The following is a summary of amounts recognized in the consolidated statement of financial position as of December 31, 2009:
BOYS TOWN Notes to Consolidated Financial Statements Pension asset $ Pension and postretirement benefits liability December 31, 2009
Net amount recognized $ (Dollar amounts in thousands)
(32,889)
Amounts recognized in the consolidated statement of activities for 2009 consist of the following:
Pension benefits Pension benefit Postretirement benefit obligation cost Federal subsidy 22 Pension-related charges other than net periodic pension (cost) benefit $ 3,054 10,997 7,943 Health care benefits (2,017) 180 (Continued) (10,209) (8,372)
Amounts recognized in accumulated unrestricted net assets outside of net periodic pension cost consist of the following:
Pension benefits Net loss Prior service cost (credit) $ $ 11,860 587 Health care benefits 2,301 (6,386)
12,447
(4,085)
The following is a summary of the components of net periodic benefit cost for the year ended December 31, 2009:
Pension benefits Service cost Interest cost Expected return on plan assets Amortization of prior service cost Amortization of net loss $ 921 3,036 (5,199) 88 1,272 118 Health care benefits 878 1,792 (833) 1,837
23
(Continued)
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The estimated net (gain) loss and prior service cost (credit) that will be amortized from unrestricted net assets into net periodic benefit cost in 2010 are as follows:
Pension benefits Net (gain) loss Prior service cost $ $ 11,860 587 12,447 Health care benefits (718)
Net amount
(718)
Weighted average assumptions used to determine benefit obligations at December 31, 2009 are as follows:
Pension benefits Discount rate Rate of compensation increase (employee plan only) 5.75% 4.00 Health care benefits 5.75%
Weighted average assumptions used to determine net periodic cost for the year ended December 31, 2009 are as follows:
Pension benefits Discount rate Expected long-term return on plan assets Rate of compensation increase (employee plan only) 6.25% 8.00 4.25 Health care benefits 6.25%
Assumed health care cost trend rate at December 31, 2009 are as follows:
Health care cost trend rate assumed for next year Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) Year that the rate reaches the ultimate trend rate TOWN BOYS 6.0% 5.5 2011
Notes to Consolidated Financial Statements The expected long-term return on plan assets is based2009the asset allocation mix and historical returns, December 31, on taking into account current and expected market conditions. The actual return on pension plan assets was (Dollar amounts in thousands) five-year rate of return on plan assets is approximately 24.6% in 2009. Boys Towns historical annualized approximately 5.7%. Boys Towns pension plan weighted average asset allocation at December 31, 2009 and target allocation for 2010 are as follows: 24
Equity securities Debt securities Alternative investments Total Target allocation 2010 54% 15 31 Plan assets at (Continued) December 31, 2009 39% 26 35
100%
100%
The investment strategy for pension plan assets is to maintain a broadly diversified portfolio designed to achieve a target of an average long-term rate of return of 8%. Management believes that Boys Town can achieve a long-term average rate of return of 8% but cannot be certain that the portfolio will perform to expectations. Assets are strategically allocated between several equity asset classes and debt securities in order to achieve a diversification level that mitigates wide swings in investment returns. Asset allocation target ranges are reviewed annually. Actual asset allocations are monitored and rebalancing actions are executed quarterly, if needed. Investments in securities traded on a national securities exchange were valued at the latest quoted market prices. The estimated value of certain nonmarketable securities such as partnerships and closely held stock or funds was provided by the respective companies and independent appraisals. For these investments, Boys Town used the net asset value reported by the underlying fund or partnership to estimate the fair value of the investment. Due to the nature of these investments, changes in market conditions and the economic environment may significantly impact the net asset value of the investments and, consequently, the fair value of the Boys Towns interests. Although a secondary market exists for these investments, It is not active and individual transactions are typically not observable. When transactions do occur in this limited secondary market, they may occur at discounts to the repotted net asset value. It is therefore reasonably possible that if Boys Town were to sell these investments in the secondary market, a buyer may require a discount to the reported net asset value, and the discount could be significant.
25
(Continued)
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The asset allocations of Boys Towns pension benefits and postretirement benefits as of the December 31, 2009 measurement date were as follows:
Fair value measurements at December 31, 2009 Pension benefits plan assets Quoted prices in active markets for Significant identical observable assets inputs (Level 1) (Level 2) 5,224 8,577 7,321 3,045 15,158 22 4,694 6,617
Total Asset category: Cash Equity securities: Domestic (a) International (b) Emerging markets (b) Fixed income securities (c) Limited partnerships: Absolute return (d) Private equity (e) Real estate (f) Domestic equity(a) Total $ 5,224 13,293 13,938 3,045 15,158 14,021 4,967 4,176 3,732
77,554
39,347
11,311
26,896
The following table presents the activity for Boys Towns pension assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2009:
Balance at December 31, 2008 Total realized gain Change in unrealized gain Purchases, sales, and settlements (net) Transfers in and/or out of Level 3 $ 32,795 325 4,741 (362) (10,603) 26,896
BOYS TOWN Balance at December 31, 2009 Notes to Consolidated Financial Statements
(a) (b)
December 31, 2009 This category includes investments in funds and limited partnerships that primarily invest in U.S. common stocks. (Dollar amounts in thousands)
This category represents investments in funds that primarily invest in international common stocks.
(c)
This category includes investments in funds that primarily invest in fixed income securities of 26 U.S. government and federal agencies and U.S. or developed nations listed companies.(Continued) They may also include private placement securities of corporate borrowers and structured securities such as mortgage backed securities or other asset backed securities investments. The category includes investments in funds that invest in a mix of securities including equities and fixed income. The funds are primarily multi-strategy in their approach and may include such tactics as risk arbitrage, distressed credit, and other long-short strategies. This category includes investments in private equity funds that invest primarily in private companies at various stages of development and maturity. These include funds pursuing a leveraged buyout, growth equity, or venture capital strategy through investments across the capital structure. This category includes real estate funds that employ a value-add strategy across multiple property types including multi-family, office, industrial, and retail. It also includes energy funds that invest primarily in interests of oil and gas properties.
(d)
(e)
(f)
In 2009, Boys Town does not expect to contribute to the pension plan and expects to contribute $1,358 to its health care benefit plan and receive $223 in federal subsidy payments. The following benefit payments and federal subsidy receipts, which reflect expected future service, as appropriate, are expected to be paid for the years 2010 through 2018:
Pension benefits 2010 2011 2012 2013 2014 Years 2015 2019
(10) Temporarily Restricted Net Assets
Expected federal subsidy receipts 223 248 277 305 337 1,847
Temporarily restricted net assets consist of gifts contributed for a specified period or until the occurrence of some future event.
27
(Continued)
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Temporarily restricted net assets are available for the following purposes at December 31, 2009:
General education and scholarships Beneficial interest in assets held in trust general operations Specific program activities Capital Future periods Sports and physical education Hearing aid program for youth
26,545
Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes or by occurrence of other events specified by the donors for the year ended December 31, 2009:
Capital General education and scholarships Specific program activities Sports and physical education General operations Hearing aid program for youth
1,041
(11) Permanently Restricted Net Assets Permanently restricted net assets consist of long-term investments that are restricted by the donors. The restrictions require that the resources be maintained permanently but permit use of the income derived from the assets. Permanently restricted net assets consist of the following at December 31, 2009, the income from which is expendable to support:
(Dollar amounts in thousands) Net assets of $2 in principal were released from donor restrictions for general operations.
General operations $ General education and scholarships BOYS TOWN Direct care of children Notes to Consolidated Financial Statements $ December 31, 2009
62,617
(12) Endowment The Nebraska Uniform Prudent Management of Institutional Funds Act (NUPMIFA) was enacted April 4, 28 (Continued) 2007. NUPMIFA sets out guidelines to be considered when managing and investing donor-restricted endowment funds. On January 1, 2008, Boys Town adopted new guidance included ASC Topic 958 (FASB Staff Position FAS 117-1, Endowments of Not-for-profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act, and Enhanced Disclosures for All Endowment Funds). Boys Town holds endowment funds for support of its programs and operations. As required by generally accepted accounting principles, net assets and the changes therein associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, and beneficial interest in trust assets are classified and reported based on the existence or absence of donor-imposed restrictions. The funds classified as beneficial interest in trust funds are not under the control of Boys Town, and as such, Boys Town does not appropriate these funds or control their investment policies. The Board of Trustees of Boys Town has interpreted NUPMIFA as requiring the preservation of the whole dollar value of the original gift as of the gift date of donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, Boys Town classifies as permanently restricted net assets the original value of gifts donated to the permanent endowment and the original value of subsequent gifts to the permanent endowment. Interest, dividends, and net appreciation of the donor-restricted endowment funds are classified according to donor stipulations, if any. Absent any donor-imposed restrictions, interest, dividends, and net appreciation of donor-restricted endowment funds are classified as temporarily restricted net assets until those amounts are appropriated for expenditure by Boys Town in a manner consistent with the standard of prudence prescribed by NUPMIFA. In accordance with NUPMIFA, Boys Town considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds: (1) (2) (3) (4) (5) (6) (7) the duration and preservation of the endowment fund; the purposes of Boys Town and the donor-restricted endowment fund; general economic conditions; the possible effect of inflation or deflation; the expected total return from income and the appreciation of investments; other resources of Boys Town; and the investment policy of Boys Town.
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29
(Continued)
Endowment Net Asset Composition by Type of Fund December 31, 2009 Unrestricted Donor-restricted endowment funds Board-designated endowment funds Total funds $ $ 782,125 782,125 Temporarily restricted 4,561 4,561 Permanently restricted 7,114 7,114 Total 11,675 793,800 782,125
Changes in Endowment Net Assets Year ended December 31, 2009 Unrestricted Endowment net assets, beginning of year Investment return: Investment income Net appreciation (realized and unrealized) $ 701,230 19,374 102,980 122,354 Temporarily restricted 3,156 179 1,296 1,475 Permanently restricted 6,342 Total 710,728 19,553 104,276 123,829
Other revenues Appropriation of endowment assets for expenditure New designations Endowment net assets, end of year
398
398
(41,857) $ 782,125
(70) 4,561
(a)
BOYS TOWN Return Objectives and Risk Parameters Notes to Consolidated Financial Statements Boys Town has adopted investment and spending policies for endowment assets that attempt to December 31, 2009 provide a predictable stream of funding to programs supported by its endowment while complying with all donor-imposed restrictions. amounts in thousands) approved by the Board of Trustees, the (Dollar Under this policy, as endowment assets are invested in a manner that is intended to produce results that exceed inflation plus the long-term spending rate. Strategies Employed for Achieving Objectives 30 (Continued) To satisfy its long-term rate-of-return objectives, Boys Town relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). Boys Town targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term return objectives within prudent risk constraints. Appropriation Policy and How the Investment Objectives Relate to Appropriation Policy Boys Town preserves the whole dollar value of the original gift as of the gift date of donor-restricted endowments, absent explicit donor stipulations to the contrary. Interest, dividend, and net appreciation of the donor-restricted endowments funds are deemed appropriated for expenditure when earned or when donorimposed restriction is met. For board-designated endowment funds, Boys Town appropriates distributions in its annual budget while considering the operations of Boys Town as well as expected investment returns and new endowment contributions. Annual appropriations are generally between 5% and 7% of the board-designated endowment funds average fair value over the prior four quarters ending June 30. Thus, Boys Town expects to achieve inflation-adjusted growth of its endowment assets from the total return on investments as well as from the receipt of new gifts.
(b)
(c)
(d)
Appropriation of Board-Designated Endowment Assets for 2010 For 2010, Boys Town has budgeted to appropriate $42,000 of its board-designated endowment assets to be distributed for spending. Consistent with Boys Towns spending policy described above, this amount represents approximately 5.8% of the endowment funds average fair value over the prior four quarters ended June 30, 2009.
(13) Beneficial Interest in Assets Held by Others Boys Town holds a beneficial interest in assets held in perpetuity and remainder trusts, which are controlled by independent trustees. In 2009, the following support was recognized in the accompanying consolidated statement of activities.
Unrestricted net assets Contributions Gain in value of beneficial interests Investment income
(14) Split-Interest Agreements
2,104
Boys Town is the beneficiary of split-interest agreements in the form of charitable gift annuities, charitable remainder trusts, and pooled income funds. Assets of split-interest agreements of $25,107 are included in 31
(Continued)
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net assets Contributions $ BOYS TOWN Gain in value of beneficial interests Notes to Consolidated Financial Statements Investment income 2,104 December 31, 2009
(14) Split-Interest Agreements
(Dollar amounts in thousands)
Boys Town is the beneficiary of split-interest agreements in the form of charitable gift annuities, charitable remainder trusts, and pooled income funds. Assets of split-interest agreements of $25,107 are included in investments and $164 is included in beneficial interest in trust assets on the consolidated statement of 31 (Continued) financial position at December 31, 2009. The value of split-interest agreements is measured as the Boys Towns fair value share of the assets. Liabilities associated with these agreements are $7,935 and have been included in accrued liabilities on the consolidated statement of financial position.
(15) Joint Cost Allocation In 2009, Boys Town incurred joint costs of $15,690 for informational materials and activities that included fund-raising appeals. Of these costs, $13,210 was allocated to fund-raising expense, $1,687 was allocated to public services, and $793 was allocated to management and general expense. (16) Derivative Financial Instruments Boys Town uses derivative financial instruments as part of its overall investment strategy. Boys Town primarily utilizes futures contracts to manage the level of exposure to interest rate risk attributable to changes in market interest rates. Boys Town also entered into crude oil and natural gas swaps to manage its level of exposure to the price of oil and natural gas attributable to funds in Boys Towns investment portfolio that are significantly affected by the price of oil and natural gas. Futures contracts are contracts for delayed delivery of securities in which the seller agrees to make delivery at a specified future date of a specified instrument, at a specified price or yield. Cash equivalent investments are held to ensure money is available for settlement to take delivery. The change in fair value of these futures contracts is intended to protect against risks that arise from movements in securities values and changing interest rates on fixed interest securities. There are no initial cash requirements related to these contracts. The contracts cash is settled on a daily basis. The notional amounts of these futures contracts totaled $19,437 at December 31, 2009, with amounts expiring over the next three months. The notional amount is used to measure the volume of these contracts and does not represent the exposure to credit loss. Boys Town maintains a balance of cash and investments sufficient to cover contract exposure for the duration of the investment in the contracts. The amount of net realized gain from futures contracts trading activities was approximately $3,187 for the year ended December 31, 2009. The contracts are considered stand-alone derivatives with a no hedge designation. Boys Town has entered into oil and natural gas swap agreements with two major financial institutions beginning July 2008 through December 2012. Under these agreements, Boys Town makes or receives payments on a specific quantity of oil or natural gas based on the differential between a specified price and the market price of oil or natural gas. At December 31, 2009, the outstanding notional amounts for the oil and natural gas swap agreements were 3,000 U.S. barrels and 288,000 MMBTUs, respectively. As of BOYS TOWN December 31, 2009, a noncash unrealized gain of $1,533 was recorded in realized and unrealized losses on Notes to Consolidated Financial long-term investments in the consolidated statement of activities and Statements investments in the accompanying consolidated statement of financial position. December 31, 2009 (17) Leases
Boys Town leases building space under long-term operating leases. In addition, Boys Town leases office equipment and an uninterruptible power source under capital leases. Future minimum lease payments for operating and capital leases with initial or remaining noncancelable lease terms in excess of one year as of December 31, 2009 were as follows: 32 (Continued)
Operating leases 2010 2011 2012 2013 2014 Thereafter $ 1,302 1,052 786 591 558 857 Capital leases 74 72 45 15 1
Total minimum lease payments Present value of minimum lease payments, included in accrued liabilities
5,146
The operating leases expire through 2017; however, many of the leases contain renewal options. Escalating rent payments are recognized on a straight-line basis over the lease term. Deferred liabilities recorded for lessor incentives related to leasehold improvements are recognized over the lease term as a reduction of rent expense. Rent expense for operating leases was $1,817 in 2009. Portions of clinic space are sublet under leases expiring during 2010. Sublet rental income was approximately $45 in 2009. Minimum future rentals on noncancelable leases as of December 31, 2009 are as follows:
(18) Commitments and Contingencies Boys Town is a defendant in a number of lawsuits incidental to its operations. In the opinion of management, the outcome of such lawsuits will not have a materially adverse effect on Boys Towns consolidated financial position or its activities.
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(19) Subsequent Events In March 2010, the United States Congress passed the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. Management is in the process of determining the impact to the future financial statements as a result of this legislation. Boys Town has evaluated subsequent events from the consolidated statement of financial position date through May 19, 2010, the date at which the financial statements were available to be issued, and determined there are no other items to disclose.
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Members of the National Board of Trustees and the Father Flanagans Fund for Needy Children Board of Trustees support Boys Towns mission selflessly with monetary gifts and gifts of time, thought and concern. On behalf of the children saved and families healed by their generosity, Boys Town says thank you to our trustees for their contributions and leadership.
Rajive Johri
John T. Reed
chair
Trustee since 2005
President and Chief Executive Officer The Fairmont Group Inc. Of Counsel Kutak Rock LLP Former U.S. Senator Omaha, NE, and Washington, D.C.
Director Pediatric Feeding Disorders Program, Munroe Meyer Institute Professor University of Nebraska Medical Center Omaha, NE
Colin Ed Brady
Trustee since 2006
Gary Rodkin
President and Chief Executive Officer Redneck, Inc. Springfield, MO 1964 Boys Town Graduate
Former Chief Financial Officer Financial Institution Services First Data Corporation Omaha, NE
John V. McGraw
Trustee since 2003
David Shaffer
Chairman Knovel Corporation Executive Chairman Cengage Learning Rancho Santa Fe, CA, and Stamford, CT
Daniel P. Neary
Kenneth E. Stinson
former chair
Trustee since 2003
Executive Director and Chief Operating Officer Association for Advancement of Mexican Americans, Inc. Houston, TX
Chairman and Chief Executive Officer Mutual of Omaha Insurance Company Omaha, NE
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To Our Donors
Your ongoing support provides the lifeblood
for Boys Town and
Your ongoing support provides the lifeblood for Boys Town and helps us carry on Father Flanagans legacy of healing and hope. On behalf of the National Board of Trustees and the Father Flanagans Fund for Needy Children Board of Trustees, we thank you for your generous gifts and your commitment to our mission.
Greg McMillan
helps us legacy
Philip J. Ruden
carry on Father
Flanagans
Chief Investment Officer Father Flanagans Fund for Needy Children Boys Town, NE
Ed Brakeman
Elizabeth Snyder
Trustee since 2009
Kristin Gilbertson
Trustee since 2007
Dan Stern
Chairman and Chief Executive Officer Reservoir Capital Group New York, NY
Walter M. Hoff
Trustee 2001-2009
The stories of our children in this report are real. However, the names and exact details have been changed to protect the privacy and therapeutic interests of the children and families in our care.
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