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2016 Yearbook About the Foundation 2016 YEARBOOK ABOUT THE FOUNDATION The Community Foundation for Southeast Michigan is a multifaceted, full-service philanthropic organization leading the way to positive change in southeast Michigan. We promote and facilitate community philanthropy in the seven counties of Wayne, Oakland, Macomb, Monroe, Washtenaw, Livingston and St. Clair, and we help donors invest in organizations they care about — locally and nationwide. We do this by: • Making strategic investments in programs and organizations that benefit the region • Equipping organizations and the public with knowledge and information that will lead to positive change • Building endowment — community capital — to meet our region’s needs, today and tomorrow, and • Providing expert assistance to donors and their advisors in their charitable planning. table of contents 1 6 18 57 65 68 About the Programs Funds of the 2015 Donors Endowment Volunteers Foundation and Grants Foundation Investment and Staff Highlights & Financial Statements 2016 YEARBOOK | 1 ABOUT THE FOUNDATION ABOUT THE FOUNDATION support of thousands of donors. At year-end our assets Community Foundation to make lasting positive change were nearly $750 million. and address emerging opportunities. We were honored last year to receive a significant gift During the past several years, NEI — the 12-foundation from the Ralph C. Wilson, Jr. Foundation including initiative that works to diversify the regional economy and more than $8 million to endow legacy funds to support stimulate entrepreneurship — has funded and nurtured a message from the chair causes that their founder cared about during his lifetime. strong network of investors, trainers and business coaches A Detroit native, longtime Grosse Pointe resident and unlike anything in the country. Nearly 175,000 people have owner of the Buffalo Bills football franchise, Mr. Wilson accessed these entrepreneurial development services. It and president was a generous supporter of his hometown. We look is conservatively estimated that NEI has generated more forward to carrying out his charitable legacy and working than $1.5 billion in value to the regional economy through Having just experienced one of the more challenging Thanks to the hard work and generosity of many people, periods in our region’s history, we’re pleased to report nonprofits throughout southeast Michigan are stronger, Last year we distributed more than $55 million to nonprofit organizations. that our once-troubled economy is stronger and more having weathered the years of the great recession through That investment translates into thousands of programs and millions of diverse. You may be surprised to learn that the Detroit a combination of grit, good management and unwavering metropolitan area now boasts a growing creative sector public support. We remain mindful, however, that not lives touched through the arts, education, health services, environmental and the country’s largest concentration of industrial and everyone is experiencing the benefits of the economic action and much more. commercial designers. More good news: GDP growth in upturn. Many are having a difficult time regaining ground southeast Michigan outpaced the national average by lost over the last decade. with the new foundation that bears his name — which is job creation and employment. We saw great results from nearly 8 percent in 2015, and the unemployment rate fell As southeast Michigan’s permanent source of community led by our former colleague and director of the New NEIdeas, a program that is connecting small neighborhood below the national average. capital, the Community Foundation is here in perpetuity Economy Initiative (NEI), David Egner. businesses with entrepreneurial services and more than After emerging from the largest municipal bankruptcy to promote positive change and a better quality of life $1.5 million in capital. You can read more about this Last year we distributed more than $55 million to nonprofit in history, the City of Detroit operated with a balanced for all residents. In good times and challenging ones, program on page 33 of this publication. organizations. That investment translates into thousands budget and improved its credit rating in 2015. Street our mission remains the same: to promote community of programs and millions of lives touched through the arts, The Detroit Head Start Early Education Innovation Fund, lights were installed and blighted buildings razed. The philanthropy in the seven counties of southeast Michigan education, health services, environmental action and much which was established at the Community Foundation pace of redevelopment quickened. New housing units and to invest in programs that make life better for its more. In the pages that follow, you will read just a few of with the support of eight local and regional foundations, are opening to meet the booming demand in Midtown citizens. During our 32-year history, the Community the stories behind the more than 3,800 grants made by the is having a positive impact on the quality of Head Start and Downtown. Foundation has shown remarkable growth, thanks to the The assets of the Community Foundation grew to nearly $750 million, including The total awarded by the Community Foundation since inception grew to nearly more than $67million in new assets to the Foundation and its supporting organizations. $820million through more than 55,000 grants. Nonprofit organizations The Foundation distributed more than $55 million through 3,800 grants. building endowment with the Community Foundation grew to a total of1 88. 2 | 2016 YEARBOOK BACK TO TABLE OF CONTENTS | 3 ABOUT THE FOUNDATION ABOUT THE FOUNDATION programs in Detroit. The Innovation Fund supports them for their years of dedication. For another year of hard systemwide improvements such as shared data collection work, we say a warm thank you to our volunteers and staff, board of trustees and reporting among agencies, a parent outreach and as well. enrollment campaign, and research on ways to address Congratulations are in order for two Community The Community Foundation for Southeast Michigan was founded in 1984 by a visionary Board of Trustees. Now, as then, the preschool teacher shortage. But the need for quality Foundation affiliates — the Community Foundation for the Board is comprised of civic leaders who represent the breadth, depth and diversity of the communities we serve. early childhood education does not stop at the city limits, Livingston County, which celebrated 25 years of service so the Community Foundation commissioned a tri-county to Michigan’s fastest-growing county, and the Chelsea Chair Andrew L. Camden Bonnie Larson Glenda D. Price study to identify gaps in the regional system where new James B. Nicholson Managing Director – Civic Leader Former President Community Foundation, which celebrated its 20th President and CEO Investments Detroit Public Schools investments of federal, philanthropic and private resources PVS Chemicals Inc. Wells Fargo Advisors Eric B. Larson Foundation anniversary. We are grateful for the hard work of the President and CEO are needed. advisory committees that have done so much to promote Vice Chair Ahmad Chebbani Larson Realty Group David T. Provost Penny B. Blumenstein President and CEO Chairman and CEO Over the years, we’ve reported on our signature philanthropy and charitable giving in their part of Civic Leader OMNEX Corp. David Baker Lewis Talmer Bank and Trust Of Counsel GreenWays Initiative, which has funded the creation of the region. Vice Chair Matthew P. Cullen Lewis & Munday PC Pamela E. Rodgers W. Frank Fountain Jr. President and CEO President more than 120 miles of interconnected walking and biking John D. Lewis If you would like to know more about joining our President and CEO Rock Ventures LLC Rodgers Chevrolet Inc. paths throughout southeast Michigan. An important Escambia Enterprises LLC Managing Director community of donors, please contact us. There are Paul R. Dimond Donnelly Penman and Partners Hon. Gerald E. Rosen milestone was reached in April of this year when one Vice Chair Counsel U.S. District Judge countless ways to connect with grant making opportunities David M. Hempstead Miller, Canfield, Paddock Henry W. Lim United States District Court of the most ambitious Detroit projects, the northern Partner and Stone PLC Chair, Department of Eastern Michigan District that will meet your objectives and fulfill your vision of Dermatology and extension of the Dequindre Cut, opened to the public. Bodman LLP giving back to the community. John M. Erb Senior Vice President Alan E. Schwartz You can read more about this great new public space in Founding Chair President Academic Affairs Partner Joseph L. Hudson Jr. Fred A. and Barbara M. Erb Henry Ford Hospital Honigman Miller Schwartz this Yearbook. Or better yet, grab your bike and travel Let us know what is on your mind. We’d like to know what Trustee Family Foundation and Cohn LLP Hudson-Webber Foundation Dana M. Locniskar the length of it, from the RiverWalk to Detroit’s Eastern matters to you and hear your ideas for positive change in Jennifer M. Fischer Managing Director – Wealth William W. Shelden Jr. Market, and then keep pedaling on through Detroit’s our region. You can follow us on Facebook or Twitter, or Secretary Civic Leader Management, Merrill Lynch President Mary H. Weiser Private Banking and Elizabeth, Allan and Warren cultural center on the Midtown Loop greenway. call us directly at 313.961.6675. Civic Leader Phillip Wm. Fisher Investment Group Shelden Fund Founder Treasurer Mission Throttle L3C Florine Mark Vivian Day Stroh As you make your way around the region during the Michael T. Monahan President, CEO and Chairman Civic Leader Jenice C. Mitchell Ford beautiful summer months, the chances are good that President of the Board Monahan Enterprises LLC Senior Counsel The WW Group Inc. Gary Torgow you’ll encounter something wonderful to see or do — a Clark Hill PLC Chairman Mariam C. Noland James B. Nicholson Trustees Jack Martin Talmer Bancorp Inc. garden, walking path, performance, water park or museum Terence E.
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