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For the Latest Stories from LVCF
PNC Release Image
PNC Institutional Asset Management New OCIO at the Community Foundation
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Creative Sector Flex Fund Grants Support the Arts
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CORE Fellowship 2023-25
LVCF Announces 2023-25 Core Fellowship Participants 
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AFP National Philanthropy Award for Outstanding Foundation LVCF 2023
LVCF Honored with Outstanding Foundation Award
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Cause Connection eNewsletter

LVCF Cause Connection February 2024

Cause Connection | February 2024

In this issue, we announce the news that we are now working with PNC Institutional Asset Management Group (IAM) as our Outsourced Chief Investment Officer (OCIO) to manage two of the Foundation’s portfolios. LVCF’s decision to partner with PNC IAM underscores our commitment to responsible stewardship of community resources and sustainable fund growth. Through this collaboration, we aim to strengthen our impact in the community and maintain our position as a trusted leader in philanthropy. We also included answers to some tax-time charitable giving questions and a story on the importance of unrestricted gifts to nonprofits.


LVCF Annual Report

Annual Report 2022-23 | Lehigh Valley Community Foundation
View Single Pages PDF | View Report in Spreads PDF | View Report Flipbook

Message from the Board Chair and President & CEO

The Foundation has made incredible strides during the fiscal year 2022-23 thanks to the unwavering support of our Staff, our Board of Governors, and our philanthropic partners. We continued to build on our strengths and address our limitations to secure our future as a trusted, agile, and transformational community leader.

In this year’s annual report, we’re inviting you to see what we’ve been up to, particularly our CORE Fellowship program to build inclusive leaders and equitable organizations. This work is nuanced, layered, and complex, but we keep showing up each day because the work is important, the future of our community is important and you are important.

While on this incredible journey of community leadership, we continue to focus on what we have always done – connecting people who care to causes that matter. We welcomed 21 new funds this year across a diverse set of interests. We distributed over $7.2 million dollars to the community, of which almost 90% stayed right here in the Greater Lehigh Valley. As a community endowment, we exist to do good today and in the future. We prioritize a healthy balance of leveraging our resources to address current critical community needs, while sustaining our funds to ensure our ability to respond to future needs that are sure to arise.

We are excited to share these highlights and more from last year. We encourage you to share the pages of this report with friends, family, colleagues, and community members. By spreading the word about our incredible work at the Community Foundation, you can help inspire others to join us in creating positive change. This report reflects your generosity to our community and your hard work, and for that, we are most thankful.

With deepest appreciation and gratitude,

LVCF Annual Report 2022-23 cover
Anne Reid, Chair, Board of Governors and Erika Riddle Petrozelli, President and CEO of LVCF

Past Reports



Stay Connected | Follow us on Social Media

Who doesn’t love to see interesting photos and videos in their social media feed online? How about when those photos/videos are of the people, places, causes and news-worthy philanthropic activities in and around the Lehigh Valley? At LVCF we aim to please, from Facebook, Twitter and Instagram to LinkedIn and the rest, the Community Foundation is using its social media platforms to connect people who care to the causes that matter— and more. We promise to educate, empower, entertain, and engage. 


ASK MICHAEL | Stay up to date with latest news and information impacting philanthropy. Contact me with ideas or questions.

Michael Wilson

Michael Wilson
Director of Communications
840 West Hamilton Street
Suite 310, Allentown, PA 18101
484 695-3277
michael@lvcfoundation.org