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2012 Yearbook

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2012 Yearbook 2012 Yearbook 333 West Fort Street, Suite 2010, Detroit, Michigan 48226-3134 | 313.961.6675 | www.cfsem.org About the Foundation Our mission is to enhance the quality of life 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 also help donors invest in organizations they care about 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 advisers in their charitable planning. Table of Contents About the Foundation Message from the Chair and President ...... 2 Board of Trustees ........................... 4 Programs and Grants ........................... 6 Funds of the Foundation ....................... 14 2011 Donors ................................... 45 What Do You Care About? ..................... 57 Advisory Committees .......................... 58 Endowment Investment Highlights ............. 59 Combined Financial Statements ................ 60 Foundation Staff ............................... 62 1 About the Foundation Message from the Chair and President Nearly three decades ago, the Community Foundation of the Community Foundation’s investment program. these credits have helped generate millions in charitable and dedication of the staff and volunteers of the for Southeast Michigan was established because our This strong return is certainly good news, both for us and giving, and we thank our partners at Detroit Public Community Foundation. About the Foundation founders saw the need to build permanent charitable also for the more than 170 nonprofit agencies that are Television and Team Detroit for their hard work and In the report that follows, we highlight four of the capital – endowment – as an important resource for our building endowment with us. These organizations work dedication in raising the public’s awareness of the central attributes of the Community Foundation: vision, region. Indeed, in the face of a challenging economy, the with us because they understand the importance of expiring credits. We are grateful to the many donors who innovation, permanence and our regional focus. We importance of endowment has been evident to all. It building endowment to provide permanent income that chose to take advantage of the credits to support the invite you to learn about some of the program has been heartening to witness our region’s continued will help sustain their work in good times and in bad. nonprofit organizations that are working to improve the investments that we believe illustrate how we carry out generosity, as caring people support the community and quality of life in our region and across Michigan. Our partnership with the Max M. and Marjorie S. Fisher our mission. Above all, we want to thank you for your the causes they care about. As we see the signs of better Foundation, the Community Foundation Challenge– Looking ahead to 2012, we invite you to join us on Mode generosity and determination to make southeast times ahead, we are proud to continue our service to this Emergency Food & Shelter, wrapped up this year with a Shift: Move Together, www.wearemodeshift.org, our Michigan a better place for all its residents. You inspire giving community and to support the many promising series of educational programs to help the staff and just-launched online hub that engages people in helping us and support our work in countless ways. Thank you. activities that are moving our region forward. board members of emergency food and shelter providers to create more connected and livable communities. In 2011, the Community Foundation authorized more from across the region learn to be more effective in Mode Shift offers valuable news and information on Grant Authorizations per year than $49 million, through more than 2,800 grants, to raising funds from individuals. Hundreds of people topics ranging from urban planning and public health to ($ in millions) support a wide range of charitable activities. Our assets attended these training programs, which helped street$60 design, biking safety, social equality issues and at year-end totaled more than $565 million. We thank our nonprofits learn to compensate for declining levels of transportation$55 legislation. It also offers a Take Action Mariam C. Noland Allan D. Gilmour donors for providing more than $32 million in new gifts state and federal support by becoming more adept at Toolkit$50 that allows site visitors and members to directly President Chair and for establishing 36 new funds. raising money from individuals. For those organizations, connect$45 with each other and take specific actions to securing gifts from new sources is an ongoing challenge impact$40 the communities in which they live. Strong investment performance also contributed to our $35 in these uncertain times. growth. In a year of continued volatility in the financial We$30 would like to thank the extraordinary trustees of the markets, the Community Foundation’s endowment Our year-end education campaign about the expiring Community$25 Foundation for their valuable expertise and $20 investment performance ranked first nationwide in state charitable tax credits resulted in a significant guidance. We express our special thanks to Anthony F. $15 comparison to similar-sized community foundation increase of contributions — not only to the Community Earley Jr. and James D. Farley, who completed their $10 peers – reflecting, in part, the strength and discipline Foundation, but to other charities, as well. Over the years, service$5 in 2011. And we are also grateful for the hard work 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 2011 Highlights Grant Authorizations per year Asset Value per year ($ in millions) ($ in millions) • The Community Foundation and its affiliates $60 $600 received more than $32 million in new gifts. $55 $500 $450 • Donors established 36 new funds. $50 $400 $45 • The Foundation distributed more than $49 million, $350 $40 $300 through more than 2,800 grants, to a wide range of $35 $250 charitable activities. $30 $200 $25 • By the close of 2011, the Foundation had awarded $150 $20 $100 more than $500 million in more than 40,000 grants $15 $50 since its founding. $10 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 $5 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 2 3 Asset Value per year ($ in millions) $600 $500 $450 $400 $350 $300 $250 $200 $150 $100 $50 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 About the Foundation Board of Trustees Former Trustees The Community Foundation for Southeast Michigan was founded in 1984 by a visionary Board of Trustees. Now, The success of the Community Foundation is a direct result of the leadership and active participation of our Trustees. as then, the Board is comprised of civic leaders who represent the breadth, depth and diversity of the communities We recognize the hard work and dedication of Trustees, past and present, who have led the Community Foundation About the Foundation we serve. with a strong vision: to improve the quality of life for all people in southeast Michigan. Chair Gerard M. Anderson Steven K. Hamp David K. Page Wendell W. Anderson Jr. Yousif Ghafari Eddie R. Munson Allan D. Gilmour President and COO, Civic Leader Partner, President, DTE Energy Resources Group Honigman Miller Schwartz Thomas V. Angott Sr. Walter R. Greene Daniel T. Murphy David M. Hempstead Wayne State University and Cohn LLP Michael E. Bannister Partner, The Hon. Dennis W. Archer Elliott S. Hall William J. O’Brien III Vice Chair Chairman and CEO, Bodman PLC Cynthia J. Pasky Ford Motor Credit Company, President and CEO, The Hon. Trudy DunCombe Archer David M. Handleman Sr. Sandra E. Pierce Alfred R. Glancy III William M. Hermann Strategic Staffing Solutions Inc. Executive Chairman, and Executive Vice President, Partner, Donald J. Atwood David B. Hecker Heinz C. Prechter Unico Investment Group LLC Ford Motor Company Plante & Moran PLLC William F. Pickard The Hon. Richard H. Austin David B. Hermelin Ellen V. Price Seattle, WA Chairman and CEO, Albert M. Berriz George G. Johnson Global Automotive Alliance Vice Chair CEO, Managing Director, Don H. Barden William K. Howenstein Douglas J. Rasmussen Alan E. Schwartz McKinley Inc. George Johnson & Company Glenda D. Price Jon E. Barfield Carole Leigh Hutton Dean E. Richardson Partner, President Emeritus, Penny B. Blumenstein Eric B. Larson Honigman Miller Schwartz Civic Leader Marygrove College Norma C. Barfield Rick Inatome The Hon. Victoria A. Roberts and Cohn LLP President and CEO, Thomas C. Buhl Larson Realty Group David T. Provost William Beckham Jr. Chacona W. Johnson The Hon. Henry William Saad Vice Chair First Vice President Investments, Chairman and CEO, David Baker Lewis Michael J. Brenner R.I. Jervis Jones Edgar A. Scribner Barbara C. Van Dusen Wells Fargo Advisors Talmer Bank and Trust Civic Leader Senior Partner, Andrew L. Camden Lewis & Munday PC John Rakolta Jr. William C. Brooks The Hon. Damon J. Keith W. Warren Shelden Founding Chair Managing Director, Chairman and CEO, John D. Lewis Mrs. Philip Caldwell Mrs. Charles Kessler Neal Shine Joseph L. Hudson Jr. Walbridge J.P. Morgan Managing Director, Trustee, Anne C. Colone Thomas I. Klein Howard F. Sims Hudson-Webber Foundation Ahmad Chebbani Donnelly Penman and Partners Jack A. Robinson President, Chairman, Henry W. Lim Keith E. Crain Richard P. Kughn F. Alan Smith Secretary OMNEX Corp. The JAR Group LLC W. Frank Fountain Chair, Department of Julie Fisher Cummings Robert C. Larson Roger B. Smith Chairman, Matthew P. Cullen Dermatology, and Senior Vice Pamela Rodgers Walter P. Chrysler Museum President and COO, President, Academic Affairs, President, Tarik S.
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