Mainebiz Giving Guide

W W W. M A I N E B I Z . B I Z 3 G I V I N G G U I D E 2 0 2 0 – 2 0 21 When 2020 began, I never imagined we would be facing a global pandemic that would present challenges so unique we would have to change our way of life. But we all know that things rarely go as we have planned, and how we react and respond to the unexpected challenges is the most important thing. By the time March arrived, Harvard Pilgrim — like many other organizations — had to quickly adapt to this new environment. roughout the challenge, from the first days until now, Harvard Pilgrim has stayed true to our mission of improving the quality and value of health care for the people and communities we serve. As a health insurance company, our mission meant ensuring there were no gaps in care or coverage for our members affected by COVID-19. We adjusted guidelines so that employer groups and members could retain coverage and also provided premium relief. We removed all cost sharing related to COVID-19, both for testing and for treatment. We ensured our members had easier access to telemedicine services for both their medical and behavioral health care. We also rolled out new virtual wellness programs and additional behavioral health resources to make it easier for members to stay well from home. As a nonprofit partner, we know it's never been more important for Harvard Pilgrim to be there for the Maine community. Our fellow Maine nonprofits — the ones people depend on most — have been hurt financially by the pandemic, while the demand for their services has increased. Maine's nonprofit community is needed now more than ever before. Since mid-March, the Harvard Pilgrim Health Care Foundation has provided more than $1.7 million in COVID-19 relief grants to 71 nonprofit organizations in Maine to help those who have been hit hardest by the pandemic. rough our partnership with Cooking for Community and the YMCA of Southern Maine, our Foundation contributed $240,000 in funding to coordinate a meal delivery program in greater Portland. Cooking for Community coordinates with local restaurants to prepare weekly meals for older adults, immigrant families and others in need. Since the pandemic began, the YMCA of Southern Maine has delivered thousands of meals to low-income residents in Biddeford, Freeport, New Gloucester and Portland. In addition, the program has helped dozens of meal preparation and delivery workers either return to work or stay employed. In addition, our Foundation contributed $700,000 to three Community Health Centers, including Greater Portland Health, Penobscot Community Health Care in Bangor, and B Street Health Center – Community Clinical Services in Lewiston to address health disparities among our most vulnerable populations. e COVID-19 pandemic is continually changing the world around us, and we are responding in different and meaningful ways every day. But we can take comfort in knowing that times like these bring out the best in people. I applaud how the non-profit community has rallied to help the most vulnerable Mainers during this unprecedented time. ere is still much uncertainty in the months ahead and more work to be done. As your non-profit partner, Harvard Pilgrim will continue to stand with you. Not just so we can get through this crisis, but so we can continue to move forward together when it's over. Bill Whitmore Vice President Harvard Pilgrim Health Care In Maine, we all enjoy summer and the opportunities it provides for exploration of our great State. Due to COVID-19, this summer felt different from others, but the physical beauty of Maine still shines bright. Another bright spot is the way Mainers have supported each other through these difficul- ties. As always, Maine's not-for-profit com- munity has been at the forefront of these efforts to help those hardest-hit by this crisis. At Harpswell Capital Advisors, our thoughts are with everyone who is strug- gling during these difficult times. As a firm that was founded to serve foun- dations and nonprofits, we also recognize their particular challenges. Our first job is always to listen to our clients; a priority which became even more crucial during these unprecedented events. Harpswell's specialization in the institutional endowment field means our clients come from all over. We utilized remote-meeting technology to be there for them when they needed it, where they needed it. As a boutique-firm that prioritizes client contact, we are heartened by feed- back that our clients felt supported during the crisis. Here is what our non- profit clients are telling us: f Foundations and not-for-profits have adapted, like most organizations, to the remote environment. f Technology has made it easier than ever to stay connected and maintain strong relationships, even when many of our clients operate outside of Maine. f is connectivity enabled us to support our clients in achieving tactical adjustments in an increasingly volatile market. ere is no question that the world has changed, but volatility in the market is nothing new. e recent market sell-offs were stressful and we likely have not seen the end of extreme fluctuations related to the global pandemic and recovery efforts. But being prepared for standard market fluctuations, as well as additional heightened volatility, can help your organization feel less vulnerable. Reflecting on how your endowment assets weathered these recent events should also come with an analysis of your endowment's purpose within your organization. Whether it serves as a rainy-day fund or is a source of daily income, your endowment advisor can help ensure your assets are aligned with your endowment's purposes and your mission. Having an advisor focused on endowment management, as opposed to a traditional wealth manager, can help you conduct this asset-review and repositioning with more confidence. Working together with our nonprofit clients to further their mission has always been Harpswell's goal. is commitment was recently recognized by Investor. com, which selected Harpswell as the only Maine based firm for its 2020 list of "Top Charitable Financial Advisor Firms."As one of only 108 firms in the nation to meet the rigorous criteria for this list, Harpswell is honored to be recognized for its dedication to charitable institutions, foundations and not-for-profits. roughout this crisis, and all throughout the year, Harpswell Capital Advi- sors works with our clients as a fiduciary, advisor and resource. As Maine has showed during the pandemic, we are at our best and can achieve the most when we work together. Jack Moore, CFA President Harpswell Capital Advisors S U P P O R T I N G M A I N E N O N P RO F I T S FROM THE GIVING GUIDE SPONSOR FROM THE GIVING GUIDE SPONSOR

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