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Yearbook-2014.Pdf 333 West Fort Street, Suite 2010 | Detroit, Michigan 48226-3134 | 313.961.6675 | www.cfsem.org 2014 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 About the Foundation 7 Programs and Grants 17 Funds of the Foundation 61 Donors to the Foundation 69 Endowment Highlights 70 Financial Statements 72 Volunteers and Staff 1 MESSAGE FROM THE CHAIR AND PRESIDENT The Community Foundation for Southeast Michigan and large, regional and local, old and new. We support is here to permanently support our region. That’s a efforts that address the current pressing needs of the statement of fact, as well as our mission. This year, the people in our region, but we also make many investments centennial of the community foundation movement in designed to bear fruit far into the future. We’re both a America, we reach our 30-year milestone. Although stabilizing presence and an agent for change. relatively young, we’re one of the nation’s fastest-growing Thanks to the generosity of many, we gained new assets community foundations, thanks to the generosity of the in 2013 of more than $80 million. Total assets increased to thousands of people who share our vision of creating more than $734 million. lasting, positive change in southeast Michigan. During the year, we were pleased to welcome the DMC While the Community Foundation is rooted in a Foundation as a supporting organization and to work with geographic region, our work is as far-reaching as the the new board of that organization. The DMC Foundation dreams and aspirations of those who call it home. The promotes the well-being of people in the metropolitan Community Foundation exists to connect people and Detroit area by supporting health and medical research organizations with the resources they need to put bold and health-related education and community activities. The Community Foundation for Southeast Michigan is more than an organization. It is a collection of nearly three decades worth of powerful change. plans into action. We’re experts at identifying community There is truth in the adage that a society grows great needs, building partnerships, creating plans of action, and when we plant trees whose shade we know we will never providing the funding that brings solutions to life. sit in. Because the Community Foundation will be here in perpetuity, we are uniquely positioned to take on In 2013, we authorized more than 3,000 grants totaling challenges and opportunities that require commitment nearly $49 million to support programs in the arts, over the long haul. Here is a quick progress report on education, economic development, the environment, several investments that are having a lasting impact on health, human services and more. Grants were made in all our region. seven counties of our service area, to organizations small 2013 HIGHLIGHTS • The Community Foundation and its affiliates received more than $80.5 million in new assets • Donors established 34 new funds • The Foundation distributed nearly $49 million through more than 3,000 grants • By year end, the Community Foundation had awarded more than $601 million through nearly 47,000 grants 2 ABOUT THE FOUNDATION New Economy Initiative (NEI). Unprecedented when Arts and Cultural Organizations. The quality of life we we launched it in 2006, this 10-foundation, $100 million enjoy in southeast Michigan would be unimaginable economic development initiative has been effective at without the strong arts and cultural institutions that call advancing innovation and opportunity in southeast this region home. The hundreds of organizations that Michigan. NEI’s particular strength has been fostering enrich our lives with music, theater, dance, art and history entrepreneurial activity and the services and infrastructure also represent an economic powerhouse. Alongside our that sustain economic growth. We are pleased to have support for individual arts and cultural nonprofits — more the continued support of NEI’s foundation partners than 333 grants totaling more than $7 million last year to and welcome the William Davidson Foundation to the organizations large and small — we seek out projects with initiative. See neweconomyinitiative.org for exciting news the potential to raise up the entire sector. about NEI’s progress. For example, a grant we made to ArtServe Michigan in Rivertown Neighborhood. Today’s seniors are enjoying support of their Cultural Data Project helped them gather better health and longer lives than ever before, but we as data from more than 450 nonprofit organizations, making a society simply haven’t kept pace with the emotional, a rock-solid case for the economic impact of arts and physical and material needs of an aging population. culture on the Michigan economy. ArtServe lobbied Four years ago we provided $2 million in seed capital to successfully for the first increase in state arts funding since support a partnership among the region’s top providers the early 1990s. It’s a great example of how data can be of($ inservices millions) to seniors — Presbyterian Villages of Michigan, used to improve nonprofit performance and lead to more $60 United Methodist Retirement Communities and Henry informed public policy. www.artservemichigan.org Ford$50 Health System. They came together on Detroit’s east Detroit Greenway Construction. We’ve been working side to pioneer a new approach to health and housing for $40 with communities for more than 10 years to plan and build low-income seniors. Today, the abandoned factory where $30 greenways. There are now more than 100 connected miles they began this experiment is part of a $43 million senior of walking and biking infrastructure linking more than community$20 that is gaining national attention as a model 80 municipalities. Building greenways requires property of innovative programs and services. It is also a stabilizing $10 acquisition, zoning, fundraising, engineering and force in the neighborhood and employs more than 200 98 99 00 0102 03 04 05 06 07 08 09 10 11 12 13 collaboration across neighborhoods, municipalities people. www.pvm.org/locations/rivertown and jurisdictions. Last fall we celebrated two significant 2013 HIGHLIGHTS ASSET VALUE PER YEAR GRANT AUTHORIZATIONS PER YEAR ($ in millions) • The Community Foundation and its affiliates received more than $80.5 million in new assets ($ in millions) $700 $60 • Donors established 34 new funds $600 $50 • The Foundation distributed nearly $49 million through more than 3,000 grants $500 $40 • By year end, the Community Foundation had awarded more than $601 million through nearly 47,000 grants $400 $30 $300 $20 $200 $100 $10 98 99 00 0102 03 04 05 06 07 08 09 10 11 12 13 98 99 00 0102 03 04 05 06 07 08 09 10 11 12 13 3 ($ in millions) $700 $600 $500 $400 $300 $200 $100 98 99 00 0102 03 04 05 06 07 08 09 10 11 12 13 greenways milestones. First, construction began on the protect city pensions and safeguard the collection of the final lynchpin in 20 miles of continuous urban greenways Detroit Institute of Arts. As we go to press, negotiations in the city of Detroit. The completed greenway will and rulings continue, and the ultimate resolution of the extend from the Detroit Riverwalk to Eastern Market to bankruptcy remains unknown. But we have learned the cultural institutions of Midtown and Wayne State throughout this experience that people care about what University — a dream many years in the making. Mean- happens in Detroit. Its contributions to American culture, while, in south suburban Wayne County, a ribbon cutting from the automobile to Motown and beyond, have marked the completion of the mile-long Flat Rock– earned it a special place in the hearts of many. And the Oakwood Connector Trail, the final piece of a 30-mile problems Detroit faces, although perhaps unprecedented east-west greenway extending from Lake Erie Metropark in scale, are shared by many municipalities. The world is to the Huron River near Belleville. watching what takes place here, and we are not alone. We’re proud that the vision, planning and funding of the As southeast Michigan’s permanent source of community regional greenways movement began right here at the capital and expertise, we will always be engaged with the Community Foundation. We estimate that our $25 million important issues, problems and opportunities of our day. investment in regional greenways has leveraged more We do what it takes to seek creative solutions to our most than $125 million public and private dollars to these challenging circumstances. But it’s also our mission to efforts over the past decade. Southeast Michigan is look ahead and plan for the brighter future that awaits us. now recognized as a national leader in greenways, and We want to thank you and the thousands of others who our expertise is sought out by communities around support us and make our work possible. We are grateful the country. to our outstanding, dedicated Board of Trustees of Finally, no review of the past year would be complete the Community Foundation for their expertise and without mention of the Detroit bankruptcy.
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