annual report - The Presidents' Council Foundation

annual report - The Presidents' Council Foundation

The Presidents’ Council annual report The Presidents’ Council FOR MORE INFORMATION: 216-771-8702 WWW.THEPRESIDENTSCOUNCIL.COM LEADERSHIP PARTNER...

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The Presidents’ Council

annual report

The Presidents’ Council FOR MORE INFORMATION: 216-771-8702

WWW.THEPRESIDENTSCOUNCIL.COM

LEADERSHIP

PARTNERING INVESTING

We take pride in developing the kind of personal relationships that

see the first members of our PC Scholars Program graduate high

are essential in the business world. Building these relationships and

school and head off to college.

establishing long-term partnerships with other businesses supports

LEADERSHIP

PARTNERING

1120 Chester Avenue, Suite 100 Cleveland, Ohio 44114

INVESTING

our mission to build economic empowerment for our community.

outing, which helped us develop relationships and funds for our Outreach efforts strengthened our existing associate relationships increasing our number of associates to 23 and raising awareness of

As recent times have proven, the ups and downs of the business cycle

member businesses and emerging entrepreneurs.

can be the undoing of those who are unprepared for tough times. But through our leadership, relationships, and strategic investments, we

weathered the storm of another challenging year for the business world and come out stronger and more committed to achieving our mission. During our annual Winter Retreat earlier this year, we reaffirmed that the three keys to achieving this mission are: proven leadership, relationship development and partnering, and strategic investments.

Our flagship Emerging Entrepreneurs Program, which graduated

at The Presidents’ Council have not only survived these tough times,

10 entrepreneurs in June, welcomed nine new entrepreneurs in

but we have helped create opportunities for our businesses and

September as part of this year’s class. We also created an alumni

others to thrive.

association for graduates of the program, allowing them to maintain relationships developed during the program and helping

As we move forward into 2010, we welcome the addition of our new

them to achieve success through connecting, sharing, and growing.

President, Duane Thornton, as well the elevation of Darrell McNair to the position of Chairman. We expect great things from our new

Over the past 12 months, our 14 members have been leaders in employment, wealth creation, and supporting charitable efforts in

Collette Appolito PRESIDENT

CHAIRMAN

important programs.

and led to the addition of new associates to The Presidents’ Council,

This year’s annual report finds The Presidents’ Council having

Eddie Taylor, Jr.

Finally, we were creative with our fundraising, holding our first golf

Northeast Ohio. For proof, one can simply look at the bottom line: $423 million in annual aggregate revenues, more than 1,100 employees

Our PC Scholars Program added 23 new high school sophomore

leaders in the months and years to come as we continue our mission:

students to the program this year, extending and improving this

building economic empowerment and developing successful

successful program for another year. In the coming year, we will

African-American businesses throughout Northeast Ohio.

(with nearly 40 percent minorities), and membership on dozens of boards. Our members have gained national prominence in leadership roles and have been awarded major financing to expand their businesses. But our leadership at The Presidents’ Council goes beyond the numbers and the accolades.

THE PRESIDENTS’ COUNCIL:

Building economic empowerment and developing successful African-American businesses throughout Northeast Ohio through Proven Leadership, Relationships and Partnering, and Strategic Investments.

Business Profile Years in business 1-10

Business Classifications OVER 20

Aggregate Annual Revenues

8

$ 500

7

Health $43,900

Education $79,700

Civic $92,614

0

300

MINORITY EMPLOYEES

200

100

1

1 Manufacturing

Youth $26,835

3 Transportation

Cultural $62,850

1

Construction

AA Economic Dev $43,350

4

2

Business & Professional Services

Charitable contributions

7

Distribution

3

in millions

5 4

441

400

6

11-20

Employment

0

2006

2007

2008

2009 est.

TOTAL NUMBER OF EMPLOYEES: 1,137

PROVEN LEADERSHIP The Presidents’ Council held its annual Winter Retreat in February, where we discussed the organization and its future. Our members and their businesses continue to take prominent leadership roles in local, regional, and national business and community positions.

HIGHLIGHTS •

Warren Anderson and his company, Anderson-DuBose Company, created 50 jobs and retained 94 existing positions as part of a $24 million project to consolidate the company’s warehousing and distribution functions. A loan from the State of Ohio Department of Development assisted in this significant project.

Leon Anderson President of Sports & Spine Physical Therapy, Inc.

Lonnie Coleman became the first minority president of the Mechanical Contractors Association of America, a national

BRIAN HALL FOUNDER’S AWARD

organization representing more than 2,500 firms throughout the United States.

The Brian Hall Founder’s Award, named after one of our founding members, the Chairman and CEO of



Daryl Laisure was appointed to the Ohio Third Frontier Advisory Board.

Industrial Transport, Inc., is given annually to the Emerging Entrepreneurs alum who has best gained skills in the



Josie Bell Lindsay and Bell & Lindsay, Inc. joined forces with SUNRx to provide qualified hospitals cost-effective solutions that

program and put them into practice. This individual best exemplifies the organization’s core values: leadership,

allow underserved people to gain access to affordable prescription drugs.

stakeholder support, mainstream inclusion, integrity and trust, financial independence, knowledge and



Darrell McNair was appointed to the Great Lakes Science Center Board of Directors.

communication, community involvement, partnering, and excellence.



Steven Williams was elevated to Chairman of the Board for the Cleveland-Cuyahoga County Port Authority.



This year’s recipient is Leon Anderson, III, President of Sports & Spine Physical Therapy, Inc. (SSPT), and member of the Emerging Entrepreneurs Class of 2004. Leon worked in orthopedic manual therapy for years, and then launched SSPT. Through the Emerging Entrepreneurs Program, he gained knowledge and connections that have allowed his business to thrive. Recently, Leon has more than doubled his revenues and number of employees and grown to three main locations in two states with an aquatic satellite office. While building a successful small business, he has also found time to mentor 20 students; serve as Vice President of the American Academy of Physical Therapy, an accreditation office for physical therapy schools both in the United States and abroad; and become part founder of a non-profit organization that empowers Leon Anderson; Mark Moran, CEO and President of MetroHealth; and Eddie Taylor mingle during a reception for The Presidents’ Council with key leaders at MetroHealth.

youth. His ultimate goal is to assist underprivileged children attend college.

STRATEGIC INVESTMENTS Whether it’s investing in people, places, businesses, or issues, The Presidents’ Council is focused on taking what we have learned and earned and putting it back into the community. We are dedicated to improving Northeast Ohio through our

RELATIONSHIPS AND PARTNERING The Presidents’ Council understands and values the benefits of building relationships and cultivating partnerships. Over the past year, we have focused on building new partnerships while also maintaining our existing relationships. •

The Presidents’ Council teamed with Sandy Pianalto, President



Associate member David Hooker, of Thompson Hine, met with

of the Federal Reserve Bank of Cleveland, to hold an update

our members to explore mergers and acquisitions and raising

for associates that focused on the state of the economy and

capital in privately held companies with a panel of regional

economic issues.

experts. April Boise became partner-in-charge of the

strategic investments across the community.

EMERGING ENTREPRENEURS The Emerging Entrepreneurs Program continues to help create the next generation of successful minority business owners in Northeast Ohio. Since the program’s inception in 2001, 85 Emerging Entrepreneurs have graduated from the program. This summer we graduated 10 more entrepreneurs, who spent a year in Baldwin-Wallace College classrooms learning the skills and making the connections to make their businesses flourish. These aggressive entrepreneurs leave our program as stronger business owners with better business strategies and new relationships with each other, Foundation trustees, The Presidents’ Council’s members, and our associates.

Cleveland office. •

With the gracious and generous support of The Cleveland Foundation and The George Gund Foundation, we are

Pat Mullin of Deloitte & Touche and Rich Stovsky from PricewaterhouseCoopers were welcomed as new associates.



The Emerging Entrepreneurs Alumni Association was established to enhance the relationship and partnering opportunities and



Scott Clemmer from Enterprise Rent-A-Car provided financial

benefits of our Emerging Entrepreneurs program. We’re off to

and staffing support to our PC Scholars Program.

a great start with 25 members to date, and expect to grow this number next year.



class of nine entrepreneurs, who began their journey on September 12, of whom we expect great things. From networking opportunities to the strength of the curriculum, our Emerging Entrepreneurs have been building better businesses from their experiences in the program. The ultimate goal with our Emerging Entrepreneurs is that they will grow their enterprises to size and scale and ultimately join The Presidents’ Council.

More than 30 Presidents’ Council members and Emerging Entrepreneurs met with key leadership at MetroHealth to explore business opportunities.



The first annual Presidents’ Council Foundation Golf Outing in August was held at StoneWater Golf Club in Highland Heights. Our members, associates, trustees, and friends networked and



dedicated to continuing the important work of the Emerging Entrepreneurs Program. This fall, we welcomed our newest

Thanks to Phil Rice and Paul Clark, we met with Jim Rohr at

helped support our research and educational programming,

PNC Bank to develop a relationship with the company.

raising more than $10,000.

Emerging Entrepreneurs Class of 2009 (pictured left – right) Back: Ray Lowe, Danny Thomas, Claude Booker Front: Ariane Kirkpatrick, Annette Pryor Anderson, Collette Appolito, Herman Jenkins and Alonzo Buchanan

The Presidents’ Council MEMBERS

Associates

Warren Anderson

Brent D. Ballard

Anderson-DuBose Company

Calfee, Halter & Griswold, LLP

Andrew J. Banks

Scott Chaikin

Now in its third year, The PC Scholars Program continues to attract high interest from

Mid-America Consulting Group

Dix & Eaton

Cleveland Metropolitan School District (CMSD) students. The PC Scholars Program

Lonnie Coleman

Paul Clark

focuses on improving the lives of select CMSD students through leadership, academic

Coleman Spohn Corporation

PNC Bank

preparedness and career preparedness. The program is led by African-American entre-

Brian E. Hall

Scott Clemmer

Industrial Transport, Inc.

Enterprise Rent-A-Car

Richard Johnson

Todd Clossin

Kaleidoscope Magazine

Fifth Third Bank

Daryl Z. Laisure

Christopher Connor

ZIN Technologies, Inc.

The Sherwin-Williams Company

Josie Bell Lindsay

Delos “Toby“ Cosgrove, M.D.

Bell & Lindsay, Inc.

Cleveland Clinic

Darrell L. McNair

Alexander Cutler

MVP Plastics, Inc.

Eaton Corporation

Richard C. Perry

Larry Dolan

Pinkney-Perry Insurance Agency, Inc.

Cleveland Indians

Renee Singleton

Richard W. Durst

significance. The Presidents’ Council Foundation would like to thank the following partners for their continued participation and support

Singleton & Partners, Ltd.

Baldwin-Wallace College

of the PC Scholars Program:

Eddie Taylor, Jr.

Lyle G. Ganske

Beverage Dispensing Solutions

Jones Day

(Chairman of the foundation board) Crain’s Cleveland Business

Ralph S. Tyler

Richard R. Grigg

Andrew J. Banks

Ralph Tyler Companies

FirstEnergy Corporation

Mid-America Consulting Group, Inc.

Ernest L. Wilkerson, Jr.

David J. Hooker

Tony Banks

Wilkerson & Associates Co., L.P.A.

Thompson Hine LLP

FirstEnergy Solutions

Steven J. Williams

Carole F. Hoover

Terri Hamilton Brown

Elsons International

HooverMilstein

PC SCHOLARS

preneurs and other business leaders in Northeast Ohio, who help the students learn, and then apply, personal development, human interaction, work place knowhow, and improved Ohio Graduation Test (OGT) scores. Our initial class of 16 students from 2008 remains committed to excellence, and we are proud to say that they are on track to graduate and move on to college after completing their senior year. We hope to see them back eventually so that they can mentor future PC Scholars classes. This fall, after carefully evaluating scores of applications, we selected and welcomed our third and largest class yet with 23 new sophomores. As in past years, our incoming class represents a broad spectrum of CMSD schools and showcases students with diverse interests, backgrounds, and goals. With the success and continued growth of the PC Scholars Program, the support of our colleagues in the business world only increases in



Boys & Girls Club of Greater Cleveland



OliKim Enterprises, Inc.



Cleveland Christian Home



Orange Hill Associates



Cleveland Metropolitan School District



The Career Consulting Group



Cuyahoga Community College



Youth Opportunities Unlimited



Enterprise Rent-A-Car

In the coming year, we expect to report back on the where our seniors have been accepted to college and how our newest class is benefitting from the PC Scholars experience.

David Janus

Gwenay S. Coniglio

FirstMerit Bank

The Coniglio Company

Ken Marblestone

Richard W. Durst

Charter One Bank

Baldwin-Wallace College

Henry L. Meyer, III

Brian E. Hall

KeyCorp

Industrial Transport, Inc.

A. Malachi Mixon, III

Gustavo “Gus” A. Hoyas

Invacare

Gus A. Hoyas & Associates

Patrick S. Mullin

Josie B. Lindsay

Deloitte & Touche LLP

Bell & Lindsay, Inc.

Frederick R. Nance

Darrell L. McNair

Squire, Sanders & Dempsey, LLP

MVP Plastics, Inc.

Richard W. Pogue

Steve Millard

Jones Day

Council of Smaller Enterprises (COSE)

Richard Stovsky

William M. Peacock, III

PricewaterhouseCoopers, LLP

Cleveland Clinic

Thomas F. Zenty III

Andrew E. Randall

University Hospitals

TriState Capital Bank

Board Members

Lisa Rose

Brian D. Tucker

Singleton & Partners, Ltd.

Lonnie Coleman Coleman Spohn Corporation

Dix & Eaton

Renee Singleton Eddie Taylor, Jr. Beverage Dispensing Solutions

Rosalind Thompson Orange Hill Associates

Mark Williams PNC Bank