Cornerstone Unplugged | Erika Riddle Petrozelli

Cornerstone Unplugged | Erika Riddle Petrozelli

Erika Riddle Petrozelli, President and CEO of the Lehigh Valley Community Foundation recently spoke with Cornerstone | Independent Asset Management on a podcast “Cornerstone Unplugged,” about the importance of community foundation, her career path to LVCF, and a variety of related topics.

The Lehigh Valley Community Foundation helps donors with their charitable contributions using a simple, powerful, and highly personalized approach. Joining the Foundation in 2014 as Director of Donor Services, Erika focused on maintaining and expanding philanthropic relationships of the Foundation and was named the CEO in 2021. She has also served as Vice President of Philanthropy, contributing to strategic decisions and community leadership activities, particularly during the pandemic. Erika is also a CPA that provides professional knowledge and advice about charitable giving to a wide range of Lehigh Valley residents, from individuals and families to their trusted advisors and local businesses. She was recently named Vice Chair of the board of the Pennsylvania Community Foundation Alliance.

Erika Riddle Petrozelli explains what attracted her to the nonprofit Erika talks about her role evolution inside the Lehigh Valley Community Foundation:

  • The Foundation’s involvement in other nonprofits
  •  Who are the primary investors in the Foundation, and how does the process work?
  • Erika talks about the Chartered Advisor in Philanthropy (CAP) Study Group and its importance to the Foundation 
  • What is capacity building, and how does it impact the Foundation? 
  • Erika explains the dollar amount, percentage, and gift you can give to the Foundation
  • What’s next for the Foundation?
  • Things Erika does for fun to unwind and what it was like working during the pandemic

Click to listen to the the Podcast

From Cornerstone

Would you like to make charitable contributions, leave a legacy, and impact the world? What’s the best way to achieve your goal? Many people are willing to help their communities and support the causes that matter to them. There has been a rise in nonprofit organizations and community foundations to help. And now, Erika Riddle Petrozelli shares how she’s running a community foundation that helps donors with charitable contributions using a simple, powerful, and highly personalized approach. 

In today’s episode of Cornerstone Unplugged, join JP Cavaliere and Stephen Link as they sit down with Erika Riddle Petrozelli, the President and Chief Executive Officer of the Lehigh Valley Community Foundation, to discuss what it takes to run a community foundation. Erika explains how she got into the nonprofit space and her role in the Lehigh Valley Community Foundation, the Foundation’s role in other nonprofits, endowment, how capacity building impacts the Foundation, and how people can invest with the Foundation. 

About Cornerstone

Cornerstone is one of the nation’s leading independent investment consulting firms. They are committed to building and preserving the assets of institutions and wealthy families, now and into the future. Their success is rooted in navigating complex financial decisions on behalf of their clients, and their mission is right in their tagline: Insight. Influence. Integrity. Learn more at: https://cornerstone-companies.com/

Resources mentioned in this episode:
Erika Riddle Petrozelli on LinkedIn
Lehigh Valley Community Foundation
Stephen Link on LinkedIn 
JP Cavaliere on LinkedIn 
Cornerstone Advisors Asset Management
Cornerstone Unplugged podcast 

Click here for a complete list and review of Cornerstone/s disclaimers 

LVCF Announces Region 5 Program Stream Grants in Support of the Arts

LVCF Announces Region 5 Program Stream Grants in Support of the Arts

Allentown, Pa., October 3, 2022— Lehigh Valley Community Foundation (LVCF) announced the 2022-23 grant recipients for both Program Stream and Entry to Program Stream initiatives. LVCF is the regional partner agency of the Pennsylvania Council on the Arts. Through the Partners in the Arts program (PPA), LVCF works with the Pennsylvania Council on the Arts to distribute grant awards for projects or programs involving artists throughout Region 5, which includes: Carbon, Monroe, Lehigh and Northampton counties.

Program Stream is an invitation-only grant opportunity which provides ongoing support to arts organizations and arts programs with an established history of funding from the Pennsylvania Council on the Arts. Once admitted to this funding stream, organizations receive consistent general operating support for arts programming. 

Entry to Program Stream is a grant opportunity which provides general operating support for small arts organizations and non-arts organizations or units of government with a history of at least one year of consistent arts programming in Pennsylvania and average annual revenue less than $200,000. 

Both Entry to Program Stream and Program Stream grants may be used for operations or programs.  Entry to Program Stream offers a new pathway to attaining long-term general operating support. Grantees that receive funds through Entry to Program Stream for one to three years may qualify to be recommended for Program Stream. At this time, grant amounts for Entry to Program Stream are estimated to be a maximum of $2,000, while Program Stream grant amounts are estimated to be a maximum of $3,000. The amounts are subject to change depending on state funding.

“We thank the Pennsylvania Council on the Arts for partnering with the Community Foundation to offer this opportunity for additional small art organizations and programs to get in the PPA stream of funding,” said Monique Saunders Moreno, Assistant Director of Community Investments at the Community Foundation. “These small, but important multi-year grants can make a difference in the life of an arts organization—we are pleased to welcome these organizations into the stream.”

Those organizations receiving Entry to Program Stream grants for 2022-23 include:

  • Delaware Water Gap Celebration of Arts, Inc.
  • East Stroudsburg University Art Department
  • Fusia Dance Company
  • Interlace Cultural y Desarrollo Integral Mexicano de LV, Inc.
  • Mock Turtle Marionette Theater
  • Puertorrican Culture Preservation, Inc.
  • Repertory Dance Theatre
  • Ukrainian American Heritage Foundation of the Lower Anthracite Region

Those organizations receiving Program Stream grants for 2022-23 include:

  • Appalachian Fiddle & Blue Grass Association
  • Bach and Handel Chorale Inc
  • Bethlehem Fine Arts Commission
  • Bradbury-Sullivan LGBT Community Center
  • Chamber Music Society of Bethlehem
  • Godfrey Daniels
  • Lehigh Valley Dance Exchange
  • Lehigh Valley Storytelling Guild
  • Mikayla’s Voice
  • Moravian University
  • Penn State Lehigh Valley
  • Pocono Bluegrass & Folk Society
  • Pocono Concert Chorale
  • Pocono Youth Orchestra
  • SATORI
  • Shawnee Institute Ltd
  • SouthSide Film Institute
  • The Allentown Band
  • The Arts Community of Easton, Inc.
  • The Camerata Singers
  • WDIY 88.1 FM
  • Young People’s Philharmonic of the Lehigh Valley

These grants are supported by the Pennsylvania Council on the Arts, a state agency, through the Pennsylvania Partners in the Arts (PPA), its regional arts funding Partnership. State government funding comes through an annual appropriation by Pennsylvania’s General Assembly and from the National Endowment for the Arts, a federal agency. PPA is administered in this region by the state’s PPA Partner (Lehigh Valley Community Foundation for Region 5].

Learn more about Pennsylvania Council on the Arts grant opportunities on the Community Foundation Website.

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