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2018 Yearbook

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2018 Yearbook 2018 YEARBOOK 2 Message from the President To Create Permanent Positive Change 4 Board of Trustees in People’s Lives 12 Programs and Grants The Community Foundation for Southeast Michigan promotes 23 Funds of the Foundation 51 Affiliated Foundations positive change in the seven counties of Wayne, Oakland, Macomb, 53 Supporting Organizations Monroe, Washtenaw, Livingston, and St. Clair. We help donors fulfill 54 2017 Donors their philanthropic goals and maximize their charitable dollars. 63 Financial Highlights 66 Advisory Committees 67 Former Trustees $ 68 Staff More than 86 million in new gifts Nearly $78 million distributed through 3,900 grants Over $900 million in total assets 2018 YEARBOOK | 1 Message from the Chair and President Great communities thrive when people work hard to make good things happen. The they are better able to make decisions about their own our Board in 2017. Both were founding Trustees of the lives and to enact change in their communities and Community Foundation, and had a major role in our Community Foundation for Southeast Michigan brings people and resources together to civic institutions. The Detroit Journalism Engagement success. We welcomed Barbara L. McQuade as a new make our region a place where all have the opportunity to thrive. Over the past year, the Fund of the Community Foundation was developed in member of the Board. We warmly thank all of our Community Foundation engaged with local communities and supported thousands of collaboration with the John S. and James L. Knight volunteers and staff for another year of commitment Foundation and the Ford Foundation. The fund first and hard work. organizations and individuals, helping them carry out their dreams. We’re pleased to report supported a review of regional media platforms including We encourage you to contact us if you would like to on a year of strong growth, and the implementation of expanded initiatives. print, digital, radio, and television. Through the fund, know more about the Community Foundation and our grants were made to collaborations across local media activities. There are countless ways we can connect you As a permanent source of community capital, the places for all youth to learn and develop. On the Table outlets to advance quality journalism. Additional and our donors with programs and opportunities that will Community Foundation takes the long-term view of conversations covered diverse community perspectives investments will be made in the coming months. meet your objectives and fulfill your vision for giving promoting lasting, positive change, but we do so and inspired new ways to work together. Some ideas Also, during 2018 a series of conversations will connect back to the community. with the sense of urgency. Our mission is to promote are already being implemented. national leaders in data and information science, First community philanthropy in the seven counties of Amendment policy and law, and other topics with We would like to hear your thoughts about how we can The Foundation, in partnership with the Max M. and southeast Michigan, and to invest in programs that have local residents who are concerned about how changes have the most impact on the region. We are always open Marjorie S. Fisher Foundation, also invested in capacity- positive impact. The Community Foundation has had in information are impacting their communities and to exploring new ways to connect with and learn from building for neighborhood leaders serving the Brightmoor remarkable growth thanks to the support of thousands our democracy. our communities. Let us know what you think. As always, neighborhood in northwest Detroit. Community of donors. For the first time, our assets at year-end were we deeply appreciate your support. Foundation staff held technical assistance sessions in The New Economy Initiative (NEI), the largest of the over $900 million, which places us among the largest the neighborhood to help residents design projects more than a dozen targeted programs managed by the 30 of approximately 800 community foundations that would address the needs of their community. Community Foundation, is supported by 13 foundations nationwide. In 2017, we received more than $86 million and works to diversify the regional economy and in new gifts, and we benefited from an endowment Having access to high-quality information spurs positive stimulate entrepreneurship. Completing its 10th year investment return of 15.5 percent. action. The Community Foundation and the Ralph C. of investments, NEI has awarded 386 grants to Mariam C. Noland James B. Nicholson Wilson, Jr. Foundation collaborated to examine the Last year, we distributed nearly $78 million to effective organizations that have assisted more than 9,500 President Chair status of youth sports across the seven counties. The nonprofit organizations and promising programs. Our companies and launched 2,500 new businesses. These report, called “State of Play,” was prepared by the Aspen grants addressed a broad range of activities. This report organizations employ more than 24,000 people and Institute’s Sports and Society program and is available on highlights three areas that the Community Foundation have leveraged $1.2 billion in capital. During 2017, NEI our website. The results were startling. Only 13 percent has supported over the years: leadership development; continued investing in neighborhood enterprises in of youth across southeast Michigan are physically active outreach and collaboration among arts and cultural low-income communities, supporting the development for at least one hour a day, which is the amount organizations; and services for older individuals. of high-growth businesses, assisting minority and recommended by the Centers for Disease Control These are just three of the many areas we focus on in women founders of high-growth companies, and and Prevention. Recommendations in the report are our grantmaking. highlighting stories of entrepreneurs who are changing based on eight strategies designed to increase sports our communities. In 2017, the Community Foundation connected with participation. The Community Foundation held meetings residents in local communities. On the Table was a new throughout the seven counties to learn what strategies Our ability to support these and many other exemplary investment in the future of young people. Residents were of most interest to residents. The information activities is possible because of the support of thousands from throughout the seven counties were invited to host gathered is guiding the development of new programs. of people who entrust their charitable giving to us. On the Table conversations at their homes, places We are grateful for their support. We deeply appreciate During the year, the Community Foundation deepened of business, or anywhere a small group of people the service of our dedicated Board of Trustees. We its involvement in promoting quality journalism and could gather. Thousands of individuals participated in would like to recognize the service of Trustees Alfred R. access to information. When citizens are more informed, discussions about how to make communities stronger Glancy III and Eugene A. Miller, who stepped down from 2 | CFSEM 2018 YEARBOOK | 3 Board of Trustees The Community Foundation for Southeast Michigan was founded in 1984 by a visionary Board of Trustees. Now, as then, the Board is comprised of civic leaders who represent the breadth, depth, and diversity of the communities we serve. Chair Linda Wasserman Aviv Jennifer M. Fischer Bonnie Larson Bruce E. Nyberg Alan E. Schwartz James B. Nicholson Partner Civic Leader Civic Leader Board Director Partner Chairman Honigman Miller Schwartz Flagstar Bank Honigman Miller Schwartz PVS Chemicals Inc. and Cohn LLP Phillip Wm. Fisher Eric B. Larson and Cohn LLP Founder President and CEO Cynthia J. Pasky Vice Chair Michael E. Bannister Mission Throttle L3C Larson Realty Group President and CEO William W. Shelden Jr. Penny B. Blumenstein Former Chairman and CEO Strategic Staffing Solutions Inc. President Civic Leader Ford Motor Credit Co. Jenice C. Mitchell Ford David Baker Lewis The Elizabeth, Allan and Warren Chief General Counsel Of Counsel Bruce D. Peterson Shelden Fund Vice Chair Albert M. Berriz Detroit Public Schools Lewis & Munday PC Senior Vice President David M. Hempstead CEO Community District and General Counsel Vivian Day Stroh Partner McKinley Companies LLC John D. Lewis DTE Energy Civic Leader Bodman PLC Bradley M. Gayton Chairman Thomas C. Buhl Group Vice President, Flagstar Bank William F. Pickard Gary Torgow Vice Chair Senior Vice President – Investments Chief Administrative Officer, Chairman Chairman Reginald M. Turner Wells Fargo Advisors and General Counsel Henry W. Lim Global Automotive Alliance Chemical Financial Corp. Attorney Ford Motor Co. Chair Emeritus, Clark Hill PLC Andrew L. Camden Department of Dermatology Stephen R. Polk Barbara C. Van Dusen Managing Director – Investments Allan D. Gilmour Henry Ford Hospital President and CEO Civic Leader Secretary Kercheval Financial Group President Emeritus Highgate LLC Mary H. Weiser of Wells Fargo Advisors Wayne State University Dana M. Locniskar Dale L. Watchowski Civic Leader Managing Director – Glenda D. Price President, CEO and COO Ahmad Chebbani Kouhaila G. Hammer Wealth Management Former President REDICO LLC Treasurer President and CEO President and CEO Merrill Lynch Private Banking and Detroit Public Schools Foundation Michael T. Monahan OMNEX Corp. Ghafari Associates LLC Investment
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