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2011 Yearbook 2011 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 ........................... 8 Funds of the Foundation ....................... 21 2010 Donors................................... 50 Advisory Committees .......................... 60 Endowment Investment Highlights ............. 61 Combined Financial Statements ................ 62 Foundation Staff ............................... 64 1 About the Foundation Message from the Chair and President More than 26 years ago, the founding Trustees of the neighborhoods. One highlight in 2010 was the launch of and hard work. We are especially grateful to our 2010 HIGHLIGHTS Community Foundation began the important task of a significant new project by three of the region’s leading extraordinary Trustees, whose guidance and expertise we About the Foundation • The Community Foundation and its affiliates building endowment for our region. Thanks to their providers of health care, housing and services for value highly. We express our thanks to Ronald P. Marcinelli received more than $37 million in new gifts. foresight and the gifts of thousands of generous donors, seniors, which you will read more about in this report. and Thomas S. Wilson, who completed their service in • Donors established 36 new funds. this permanent community capital is available in A second important outcome of these investments is the 2010. perpetuity to improve lives in southeast Michigan. establishment of the East Jefferson Corridor Collaborative, • The Foundation distributed more than $52 million, Most of all, we thank you for everything you do to make a new organization representing the diverse interests through nearly 2,900 grants, to a wide range of In addition to responding to acute needs during this southeast Michigan a better place to live and work. Each of the area including businesses, residents, charitable charitable activities. particularly challenging time, the Community Foundation year, we are inspired by the generosity of those who organizations and schools. This organization holds great • By the close of 2010, the Foundation had awarded is also making long-term investments that will help care about our region. Even in the face of enormous promise to leverage continued investment and address more than $450 million in more than 37,000 grants continue to move our region forward. Through our challenges, your continued commitment and enthusiasm multiple needs in the community. since its founding. grants, programs and partnerships, we seek to balance give us hope and inspire our work. the demands of the present with the need to take the The GreenWays Initiative, now in its 10th year, celebrated long view and help prepare individuals and institutions the completion of new trails and pathways in the Grant Authorizations per year ($ in millions) for a brighter and more secure future. seven-county regional greenways network. Already $60 comprising more than 100 miles and connecting more In 2010, the Community Foundation authorized the $55 than 80 municipalities, this signature Community Allan D. Gilmour Mariam C. Noland second-largest dollar amount of grants in our history — Chair President $50 Foundation project contributes every day to the health more than $52 million through nearly 2,900 grants. Our $45 and well-being of tens of thousands of area residents. We $40 assets at year-end totaled more than $600 million. We are pleased to report that the Midtown Loop Greenway, $35 thank our donors for providing more than $37 million now under construction, will create walkable pathways $30 in new gifts and for establishing 36 new funds. Strong $25 among some of Detroit’s premier cultural institutions. It investment performance also contributed to our growth. $20 also represents the latest link in what will be eight miles $15 We were honored to partner with the Max M. and of continuous greenways extending from Wayne State $10 Marjorie S. Fisher Foundation to establish the Community University all the way to Belle Isle. $5 Foundation Challenge–Emergency Food & Shelter to The fourth year of the New Economy Initiative 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 help nonprofit organizations meet the increasing need demonstrated the effectiveness of 10 national, regional for services at a time of sharp declines in public funding. Asset Value per year and local foundations working together toward the The year-long program is helping to secure more than ($ in millions) shared goal of reinventing and reinvigorating the $600 $3 million in operating support for 21 food and shelter economy of southeast Michigan. The initiative achieved $500 organizations, and is providing hands-on fundraising $450 new levels of impact, particularly in the area of education and training to a broader group of food and $400 entrepreneurial training and support. This goal was shelter organizations throughout the seven counties of $350 greatly advanced by bringing the region’s four largest $300 southeast Michigan. business accelerators together to form the Business $250 $200 Through our leadership on long-term initiatives, we Accelerator Network for Southeast Michigan, a regional $150 continue to support both neighborhood and regionwide collaborative to support business formation and growth. $100 development. In recent years the Community Foundation $50 We would like to thank the staff and volunteers of the has invested nearly $25 million in Detroit’s near-east side 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 Community Foundation for their continued dedication 2 3 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, as then, The success of the Community Foundation is a direct result of the leadership and active participation of our Trustees. the Board is comprised of civic leaders who represent the breadth, depth and diversity of the communities we serve. We recognize the hard work and dedication of Trustees, past and present, who have led the Community Foundation About the Foundation with a strong vision — to improve the quality of life for all people in southeast Michigan. Chair Albert M. Berriz David M. Hempstead Bruce E. Nyberg Allan D. Gilmour CEO, Partner, Civic Leader Wendell W. Anderson Jr. Walter R. Greene Daniel T. Murphy President, McKinley Inc. Bodman LLP David K. Page Wayne State University Thomas V. Angott Sr. Elliott S. Hall William J. O’Brien III Penny B. Blumenstein William M. Hermann Partner, Vice Chair Civic Leader Partner, Honigman Miller Schwartz The Hon. Dennis W. Archer David M. Handleman Sr. Sandra E. Pierce Alfred R. Glancy III Plante & Moran PLLC and Cohn LLP Thomas C. Buhl The Hon. Trudy DunCombe Archer David B. Hecker Heinz C. Prechter Executive Chairman, Vice President – Investment, George G. Johnson Cynthia J. Pasky Unico Investment Group LLC Donald J. Atwood David B. Hermelin Ellen V. Price UBS Financial Managing Director, President and CEO, Seattle George Johnson & Co. Strategic Staffing Solutions Inc. The Hon. Richard H. Austin William K. Howenstein Douglas J. Rasmussen Andrew L. Camden Vice Chair Managing Director, Eric B. Larson William F. Pickard Don H. Barden Carole Leigh Hutton Dean E. Richardson Alan E. Schwartz JP Morgan President and CEO, Chairman and CEO, Partner, Jon E. Barfield Rick Inatome The Hon. Victoria A. Roberts Larson Realty Group Global Automotive Alliance Honigman Miller Schwartz Ahmad Chebbani Norma C. Barfield Chacona W. Johnson The Hon. Henry William Saad and Cohn LLP President, David Baker Lewis Glenda D. Price OMNEX Corp. Chairman and CEO, President Emeritus, William Beckham Jr. R.I. Jervis Jones Edgar A. Scribner Vice Chair Lewis & Munday PC Marygrove College Barbara C. Van Dusen Matthew P. Cullen Michael J. Brenner The Hon. Damon J. Keith W. Warren Shelden Civic Leader President and COO, John D. Lewis John Rakolta Jr. William C. Brooks Mrs. Charles Kessler Neal Shine Rock Ventures LLC Managing Director, Chairman and CEO, Founding Chair Donnelly Penman and Walbridge Mrs. Philip Caldwell Thomas I. Klein Howard F. Sims Joseph L. Hudson Jr. Paul R. Dimond Partners Trustee, Counsel, Jack A. Robinson Anne C. Colone Richard P. Kughn F. Alan Smith Hudson-Webber Foundation Miller, Canfield, Paddock Henry W. Lim Chairman, Keith E. Crain Robert C. Larson Roger B. Smith and Stone PLC Chair, Department of The JAR Group LLC Secretary Dermatology, and Senior Vice Julie Fisher Cummings Kathleen McCree Lewis Frank D. Stella W. Frank Fountain Deborah I. Dingell Pamela Rodgers President, Academic Affairs, Chairman, President, President, Tarik S. Daoud John E. Lobbia Peter W. Stroh Henry Ford Hospital Walter P. Chrysler Museum D2 Strategies Rodgers Chevrolet Inc. Mrs. Stanley R. Day Ben C. Maibach III Joel D. Tauber Foundation, Chrysler LLC Dana M. Locniskar Anthony F. Earley Jr. William W. Shelden Jr. Senior Vice President, Robert A. DeAlexandris Conrad L. Mallett Jr. A. Alfred Taubman Treasurer Executive Chairman, President, Merrill Lynch Private Banking Michael T. Monahan DTE Energy Elizabeth, Allan and The Hon. James H. Dingeman Richard A. Manoogian The Hon. Anna Diggs Taylor and Investment Group President, Warren Shelden Fund Irma B. Elder Walter E. Douglas Sr. Ronald P. Marcinelli Peter P. Thurber Monahan Enterprises LLC Florine Mark CEO, Gary Torgow President, CEO and C.
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