Leading Change. Lasting Impact. Giving. Inspired 2021 YEARBOOK COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | 2021 YEARBOOK 2021 YEARBOOK 2021 Yearbook TO CREATE Table of Contents Permanent, Positive Change IN PEOPLE’S LIVES The Community Foundation creates permanent, positive change in southeast Michigan through thoughtful philanthropy. With generous support from thousands of donors, the Community Foundation is building permanent endowment and helping individuals, families and businesses fulfill their charitable goals. Message from the President Funds of the & Chair Foundation $ $ 04 36 101 Million 121 Million 5,500 distributed in grants in new gifts grants made Board of Trustees 2020 Donors 06 70 Programs & Grants Becoming a Donor — 84 Investment Highlights — 85 10 84 Financial Statements — 86 Advisory Committees — 88 $ Former Trustees — 90 Staff — 91 1.1 Billion in assets 2021 YEARBOOK | 3 The Community Foundation continued to support development, and attract residents and visitors to southeast MESSAGE FROM THE organizations working to root out systemic inequities Michigan. The Great Lakes Way vision map can be found at from healthcare, human services, and eldercare. With the greatlakesway.org. generous support of Facebook, we were able to expand our reach and support more Black-led nonprofit organizations. These forward-looking efforts and the outstanding work of nonprofit organizations across our region will be highlighted President & Chair As southeast Michigan and the rest of the nation heard calls in this report. for racial justice, the Community Foundation, in partnership with the Hudson-Webber Foundation, the Ballmer Group We were deeply saddened by the passing of Joseph L. and Oakland County, launched the Community Policing Hudson Jr., the founder and 19-year chairman of the Innovations Initiative. This program supports local law Community Foundation. Joe was an extraordinary civic enforcement agencies, in partnership with community leader and passionate philanthropist. He was known for leaders, to develop substantive, pragmatic, and community- coining the phrase “building community capital,” a phrase driven approaches to policing and public safety. he used to describe the Community Foundation’s financial This was a year like no other. We saw businesses close and That flexibility is from having approximately $800 million of capital, but also the social, moral, and reputational capital nonprofits struggle to figure out how they were going to endowments, enabling us to get money out the door quickly that the we bring to our work in southeast Michigan. continue their important work. At the same time, many in our to where it was needed most and adjust our approach as Our Board has done a superb job of modeling Joe’s example region confronted injustice, illness, economic hardship, and the community’s needs changed. We removed restrictions of community leadership over the years. The Community the loss of friends, neighbors, and family members. from grants that had already been approved and accelerated We are humbled Foundation was pleased to add three new trustees who payments to help nonprofits that had been disrupted by the will help us continue that legacy: Mark A. Davidoff, JoAnn Through our toughest days, however, we saw inspiring pandemic. We also accelerated annual payments to the more Chávez, and Chuck Stokes. And we are grateful to Margaret examples of our community coming together to support those than 200 nonprofits with endowed funds at the Community by the trust that A. Allessee, who retired from the Board in December after 19 in need. Just as the Community Foundation has done for the Foundation. Finally, we joined forces with many donors and years of volunteer service. last four decades, we listened, reached out, and responded foundations to mobilize support for COVID-19 response in with thoughtful, strong, effective action. so many of you healthcare, arts and culture, and small business development. We appreciate the Community Foundation staff who worked in innovative and new ways to enable all we do. We could We are humbled by the trust that so many of you put in None of this would have been possible without your not be prouder of the way this team pulled together to help us through your financial support. Community Foundation generosity and support. We will never forget how our donors put in us. those in need. donors responded to the COVID-19 pandemic and the calls for ensured that we could help so many around our region. Nor racial justice with incredible generosity – contributing a record would it have been possible without the dedication of our We are committed to helping all in southeast Michigan $121 million in new gifts in 2020. The Community Foundation, staff. Every member of the Community Foundation team acted With 14 local and national funders, the Community recover from this pandemic and are inspired by the in turn, made 5,500 grants totaling $101 million to support urgently and compassionately to help our community during Foundation has also launched the Michigan Justice Fund to continued compassion in our communities. Thank you for southeast Michigan nonprofits. Our total assets grew to more this time of crisis, even as they were managing the disruptions reduce Michigan’s reliance on incarceration and detention the generosity of so many, both locally and nationally, who than $1.1 billion, the largest in our history, placing us in the top caused by COVID-19 in their own lives. as the primary response to crime. The initiative also aims helped us over these past few months. The Community 25 community foundations nationally. to advance equity by addressing racial disparities in the Foundation is best when working with others and we Now, as vaccines have made it possible for us to see a juvenile and adult justice systems, and support communities These impressive numbers, however, tell only a small part of welcome your thoughts and suggestions. post-pandemic future, we face a new set of challenges and of color that have been most heavily impacted. the Community Foundation’s story in 2020 – and they do opportunities. Together with nonprofit organizations and not come close to conveying the immense challenges and philanthropic partners, we’re working toward a vision of a more In 2020, we continued to make great strides in the battle opportunities we face in the years ahead. prosperous, equitable, and healthy region. against the opioid crisis through the Michigan Opioid Project. Through our partnership with the Michigan Throughout our history, it’s been our mission to support the In 2020, our New Economy Initiative (NEI) stepped up Department of Health and Human Services, other funders, Mariam C. Noland seven counties of southeast Michigan through good times – to help small businesses across our region navigate the and health-care providers, this impactful program is now PRESIDENT and through tough times. 2020 clearly fell into the category challenges caused by COVID-19. NEI invested $5 million last statewide. of tough times – and we knew early in the year that we would year to strengthen small business support organizations in be challenged like never before. From the first days of the Detroit, Hamtramck, Highland Park, and other Wayne County We also developed a vision for a Great Lakes Way – more pandemic, we heard from nonprofits across our region that communities, helping many small businesses stay open and than 160 miles of an interconnected set of trails and blue were in danger of laying off employees or closing entirely meet their payroll. NEI will continue to create new jobs and ways stretching from Lake Huron to Lake Erie. As we help because of sudden disruptions to programs and expected support countless families in our region for years to come. build southeast Michigan’s economy of the future, the Great James B. Nicholson CHAIR revenues. Their fear was real, but we were ready to help and Lakes Way will promote outdoor recreation, spark economic had the flexibility to change direction to meet the moment. 4 | MESSAGE FROM THE PRESIDENT & CHAIR 2021 YEARBOOK | 5 Phillip Wm. Fisher Florine Mark Karen Sosnick Schoenberg Founder Entrepreneur Principal Board of Mission Throttle L3C REDICO LLC Jack Martin Jenice C. Mitchell Ford Chairman Alan E. Schwartz Chief General Counsel Martin, Arrington, Desai Partner Detroit Public Schools & Meyers PC Honigman Miller Schwartz Community District and Cohn LLP Trustees Barbara L. McQuade Allan D. Gilmour Professor from Practice W. Rickard Scofield President Emeritus University of Michigan Law School Chairman The Community Foundation for Southeast Michigan was founded in 1984 by a visionary Wayne State University May and Scofield Limited Board of Trustees. Now, as then, the Board is comprised of civic leaders who represent Bruce E. Nyberg the breadth, depth, and diversity of the communities we serve. Kouhaila G. Hammer Board Director William W. Shelden Jr. President and CEO Flagstar Bank President Ghafari Associates LLC The Elizabeth, Allan and Cynthia J. Pasky Warren Shelden Fund Steven K. Hamp President and CEO Chair Strategic Staffing Solutions Inc. Chuck Stokes Chair Trustees Michigan Education Director, Editorial & Public Affairs James B. Nicholson Excellence Foundation Bruce D. Peterson WXYZ Chairman Former Senior Vice President PVS Chemicals Inc. William M. Hermann and General Counsel Vivian Day Stroh Linda Wasserman Aviv Ahmad Chebbani President DTE Energy Civic Leader Vice Chair Partner President and CEO Hermann Consulting Penny B. Blumenstein Honigman Miller Schwartz OMNEX Corp. William F. Pickard Maria Thompson Civic Leader and Cohn LLP Paul C. Hillegonds Chairman Venture Partner Matthew P. Cullen CEO Global Automotive Alliance Arsenal Growth Vice Chair Michael E. Bannister Chairman Michigan Health Endowment Fund Former Chairman and CEO JACK Entertainment Stephen R. Polk Gary H. Torgow David M. Hempstead Ford Motor Credit Co. George G. Johnson CEO Chairman of the Board of Directors Partner Managing Director Highgate LLC The Huntington National Bank Bodman PLC Mark A. Davidoff Wendy Batiste-Johnson CEO George Johnson Consultants LLC Founder and President The Fisher Group Glenda D.