627 24 26018 https://digitalcollections.library.gvsu.edu/files/original/c51d76c1385830ab3d183fc16f59ae36.pdf 1a1cdef5694c9f6907d139d556e9e5d0 PDF Text Text CMF Counci l of Michi an Foun:fations Serving grantmakers. Advandn9 giving. May 12,2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Susan Broman, David Egner, Carol Goss; Public Policy Committee Co-Chairs and Jaclyn Miel-Uken, Public Policy Fellow Re: Public Policy Report As highlighted below, since the February 2008 Board meeting: • the CMF Public Policy Committee has met; • affinity groups have hosted a number of meetings; • numerous policy-related articles have been published; • Dana Linnane, a 2008 graduate of the Ford School of Public Policy at the University of Michigan, has accepted the appointment as 2008 William C. Richardson Fellow starting June 23 - her resume is included as ATTACHMENT A, and • the summer schedule of meetings/briefings is shaping up. We look forward to having you meet Dana and to join us in thanking Jaclyn for her service. However, since the Public Policy Committee Meeting, legislation has been introduced in Lansing proposing a check off for United Way. CMF has been asked by the Michigan Association ofUnited Ways, on whose Board Rob Collier serves, to support this legislation. Staff is asking for action on the following resolution by the Board of Trustees on this legislation. RESOLVED that the Council of Michigan Foundations support HB 6025 & 6026 and SB 1287 that would provide Michigan residents with an income tax check off option to voluntarily donate to the United Way. As the attached press release -ATTACHMENT B - notes, legislation has been introduced with bi-partisan sponsorship by Representatives Jeff Mayes (D-Bay City) and R ick Jones (RGrand Ledge). Identical legislation was also introduced in the Senate by Senator Michael Switalski (D-Roseville). Michigan currently has income tax checkoffs for the Children's Trust Fund, the Children of Veterans Tuition Grant Program and the Military Family Relief Fund. The 60 plus local United Ways in Michigan annually raise and distribute more than $ 160 million to support local health and human service organizations. The proposed check off supports the Basic Needs priority of the Community Impact Model most United Ways in Michigan have now adopted. I. Meetings since the February 2008 Board Meeting • Michigan Grantmakers in Aging Briefing on Civic Engagment (March 14) More than 250 people attended this event with Marc Freidman, author of the Encore Career. �Public Policy Report May 11,2008 Page 2 • • • • Arts Affinity Group Meeting with Grantmakers in the Arts (March 17 & 18) Webinar on Cultural Data Project (April2) Webinar on Cultural Economic Development Online Tool (May 9) Cultural Data Project Advisory Committee Meeting (May 15) Michigan Land Use Funders' Meeting (March 19) Michigan Access to Recreation Policy Advisory Committee Meeting (April 10) Food Systems Briefing at the Detroit Area Grantmakers (May 13) II. Public Policy Communications Since the Board Meeting, CMF published eight policy-related News Wire articles, three policy-related articles in the spring Memo to Members and shared 16 public policy resources via the monthly E-News. CMF NewsWire • 5/8/08 Michigan Foundations Collaborate to Address Detroit's Foreclosure Crisis • 5/ 1/08 New Planning Enabling Act Signed into Law; Foundation Support Lauded • 4/29/08 New Federal Lobbying Law Impacts Michigan Foundations Involved in Advocacy Efforts • 4/ 17/08 New Economy Initiative Appoints John Austin As First Executive Director • 3/28/07 Creating An "Encore Economy" With Older Adults Can Help Revitalize Michigan • 3/ 19/08 Foundations On The Hill Visit Is Vitally Important, Say Michigan Congressional Leaders • 2/ 15/08 Development Experts, Strategic Regional Planning Ideas Highlight Land Use Summit at MSU • 2/ 15/08 Foundations Called Upon To Protect Vulnerable Children Memo to Members (Spring 2008) • Capitol Hill Visits Vitally Important, Say Congressmen & Staff • CMF Members Talk About Their "Hill" Visits • CMF Supporting Effort to Pass L3C Legislation E-News April2008 • Federal Expenditures in Michigan • The Vital Connections: Reclaiming Great Lakes Economic Leadership in the BiNational U.S.-Canadian Region • Organized Communities, Stronger Schools • Funder Collaboratives: A Philanthropic Strategy for Supporting Workforce Intennediaries • Survey of Michigan Residents on the Issue of Global Warming & Climate Change Policy Options: Key Findings Report �Public Policy Report May 11,2008 Page 3 March 2008 • Building an Experience D ividend: State Governments Lead the Call to Engage Boomers • Michigan' s Transition to a Knowledge-Based Economy: First Annual Progress Report • Improving the Efficiency of Michigan Highway Revenue Sharing Formula • Lost in Transition: Building a Better Path fro m School to College and Careers February 2008 • House Committee on Education and Labor Hearing, "Investing in Early Education: Paths to Improving Children's Success" • Quality Counts 2008 • Small Schools Project • New Poll Reveals Stifling Imagination in Schools Underlies Innovation and Skills Deficit • Relief, Restoration and Refonn: Economic Upturn Reveals Modest and Uneven Health Returns • Do Individual Mandates Matter? • Are Will Taking Full Advantage of Older Adults Potential? III. Planned Meetings The following meetings are planned or still in development. • K-16 Education Work Group Meeting (May 22) • The White House Project Funders Reception & Go Run Training (May 30) • Foreclosure Briefing (June 4) • Michigan Land Use Funders' Meeting (June 9) • Michigan Grantmakers for Women & Girls Annual Meeting (June 12) • EngAGEment Briefing in Flint (June) • Michigan Grantmakers in Aging Meeting (June) • K-16 Education Funders attend PromiseNet Conference (June 25-27) • K-16 Education Funders' Meeting (August) We are excited about the Foreclosure Briefing on June 4 and have included as ATTACHMENT C the promotional piece that has gone to the members. In addition, we are grateful to have received a grant from the Ceres Trust to cover the costs of Dr. Sandra Steingraber to be the featured presenter at the Annual Meeting of Michigan Women and Girls on June 12. Also included as ATTACHMENT Dis the bio for this distinguished ecologist, cancer survivor and author of Living Downstream and Having Faith. �Mayes' Plan Allows Taxpayers to Contribute to United Way I News I Representative Jeff ... Attachment . News Mayes' Plan Allows Taxpayers to Contribute to United Way Bay City lawmaker's plan creates voluntary income tax checkoff -May 01,2008 LANSING - In order to ensure local United Way agencies in Michigan have the resources they need to distribute funds and support our communities, State Representative Jeff Mayes (D-Bay City) today unveiled a plan to create an income tax checkoff option that will provide Michigan residents with a convenient way to voluntarily donate to the U nited Way. "Michigan residents have proven time and again how generous they are," Mayes said. "I am working hard to create good-paying jobs now and make our community a better place to live, work and raise a family. With this new tax checkoff option, residents who want to help in these efforts will have an easy way to contribute to the community." Checkoff boxes, which allow taxpayers to designate a portion of their tax return, are commonly used on income tax forms. Michigan currently has income tax checkoffs for the C hildren's Trust Fund, the Children ofVeterans Tuition Grant Program and the M ilitary Family Re lief Fund. The Michigan Association of United Ways is a nonprofit agency that was founded in 1947 by a group of community and labor leaders to s implifY the gathering and distribution of funds that were received through charitable giving. There are approximately 60 local United Ways in Michigan t hat represent the a network of non-governmental service providers and service funders, collectively raising and distributing over $160 million dollars a year to support local health and human service organizations. "As United Ways across the state work to address local basic needs such as good, clothing and shelter, this legis lation will allow citizens the opportunity to further assist and directly impact their own community," said Scott Dzurka, President/CEO of the Michigan Association ofUnited Ways. Mayes introduced his plan today along with State Representative Rick Jones (R-Grand Ledge) whose plan will create the United Way fund within the Michigan Department of Treasury to distribute the money raised by the checkoff option. "I have always been committed to forging a close working relationship with colleagues from both sides of the aisle, and for an issue that has the potential to help move Michigan forward, that dedication to bipartisanship is especially important," Mayes said. "I encourage my fellow lawmake rs to act quickly on this legislation." © 2007 Michigan House Democrats P.O. Box 30014 • Lansing, MI 48909-7514 httn·//09o.hou.c;edems.com/news/article/maves-olan-allows-taxoavers-to-contribute-to-unit 'i/ 11 nnnR �Sandra's Bio body page Attachment I About the Author Sandra Stei ngraber, author of Living Downstream and Having Faith Click on this Image to download a high-quality TIFF file, 168 K zipped. Photo copyright: Frank D1Meo/ Cornell University Photography Ecologist, author, and cancer survivor, Sandra Steingraber, Ph.D. IS an internationally recognized expert on the environmental links to cancer and reproductive health. She r eceived her doctorate in biology from the University of Michigan and master's degree in English from Illinois State University. She is the author of Post-Diagnosis, a volume of poetry, and coauthor of a book on ecology and human rights in Africa, The Spoils of Famine. She has taught biology at Columbia College, Chicago, held visiting fellowships at the University of Illinois, Radcliffe/Harvard, and Northeastern University, and served on President Clinton's National Action Plan on Breast Cancer. Steingraber's highly acclaimed book, Living Downstream: An Ecologist Looks at Cancer and the Environment presents cancer as a human rights issue. It was the first to bring together data on toxic releases with newly released data from U.S. cancer registries. Living Downstream won praise from international media, including The Washington Post, the Nation, The Chicago Tribune, Kirkus Reviews, Publishers Weekly, The Lancet, and The London Times. In 1997, Steingraber was named a Ms. Magazine Woman of the Year. In 1998, she received from the Jenifer Altman foundation the first annual Altman Award for " the inspiring and poetic use of science to elucidate the causes of cancer," and from the New England chapter of the American Medical Writers Association, the Will Soll mene Award for "excellence in medical communication." In 1999, the Sierra Club heralded Steingraber as " the new Rachel Carson." And in 2001, Carson's own alma mater, Chatham College, selected Steingraber to receive its biennial Rachel Carson Leadership Award. Continuing the investigation begun in Living Downstream, Steingraber's new work, Having Faith: An Ecologist's Journey to Motherhood, explores the intimate ecology of motherhood. Both a memoir of her own pregnancy and an investigation of fetal toxicology, Having Faith reveals the alarming extent to which environmental hazards now threaten each crucial stage of infant development. In the eyes of an ecologist, the mother's body is the first environment for human life. The Library Journal selected Having Faith as one of it s best books of 2001. In 2002, it was featured on "Kids and Chemicals," a PBS documentary by Bill Moyers. An enthusiastic and sought-after public speaker, Steingraber has keynoted conferences on human health and the environment throughout the United States and Canada and has been invited to lecture at many universities, medical schools, and teaching hospitals-including Harvard, Yale, Cornell, and the Woods Hole Oceanographic Institute. She is recognized for her ability to serve as a two-way translator between scientists and activists. In 1999, as part of international treaty negotiations, she briefed U.N. delegates in Geneva, Switzerland on dioxin contamination of breast milk. Interviews with Steingraber have appeared in The Chicago Tribune, USA Today, The Cleveland Plain Dealer, on National Public Radio, The Today Show, and Now With Bill Moyers. Formerly on faculty at Cornell University, Sandra Steingraber is currently Distinguished Visit ing Scholar at Ithaca College in Ithaca, New York. She is married to sculptor Jeff de Castro. They are proud parents of five- year-old Faith and two-year-old Elijah. httn://www.steimrraber.com/04biography/04body.html 5/ 11 /?00R � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Public-Policy Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book public policy Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book public policy. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50736 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d5c7996f67d4f580e6ee909207d6e74f.pdf 306b169e44ccdb26fb0758d908bf1d37 PDF Text Text CMF Councilof Michigan Foundat ions Serving grantmakers. Advancing giving. Board of Trustees Meeting Minutes Tuesday, February 12, 2008 Lansing Community College, West Campus MTEC Building, Rooms M120 & 121 The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at Lansing Community College on Tuesday, February 12, 2008, pursuant to written notice duly given. Chairperson Diana R. Sieger called the meeting to order at 10:00 a.m. Trustees and Officers present: Susan Broman Carline Chambers via phone Libby Cherin Melanie Colaianne via phone John Colina Robert Collier Tom Cook David Egner Rev. Louis Felton via phone Russell Gabier Allan Gilmour via phone Wes Maurer, Jr. Rachel Mraz via phone David Page via phone Carol Paine-McGovern Phillip Peters Tom Porter David Sebastian Gerald Smith via phone Sterling Speim Peggy Thompson Betsy Upton Stover via phone Amanda Van Dusen Christian Velasquez Lloyd Yeo via phone Special Guests: Karen Aldridge-Eason, Office of the Foundation Liaison Sharon Parks, Michigan League for Human Services Erin Skene, Michigan Nonprofit Association CMF Staff: Susan Cuddington, Executive Assistant to the President Mike Gallagher, Managing Editor Kathy Ginocchio, Director of Technology David Lindberg, Vice President, Finance & Administration via phone Donnell Mersereau, Director, Community Foundations Jaclyn Miel-Uken, Public Policy Fellow Becky Noricks, Communications Associate Vicki Rosenberg, Vice President Education, Communications, and External Relations Chairperson Sieger welcomed new Board Members Susan Broman, Caroline Chambers, Tom Cook, and followed by self-introductions. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 2 Consent Agenda Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Consent Agenda items be approved: • • • • • The Minutes of October 22, 2007 Board Meeting, The Minutes of January 31, 2008 Executive Committee Meetings, The Treasurer's Report for the December 31, 2007 Financials, The Investment Report for December 31, 2007, and The following grantmakers be approved for membership: Fair Food Foundation, Ann Arbor The Art and Mary Schmuckal Family Foundation, Traverse City The Fred A. and Barbara E rb Family Foundation, Birmingham 2008-09 Plan of Work Rob Collier, Donnell Mersereau and Vicki Rosenberg presented highl ights of the current year and proposed Plan of Work (attached) including: revisions to the MBT Tax Credit and Fonn 990-PF; passage ofL3C legislation; Diversity and Inclusion Initiative; Grantcraft Workshop, updating the Common Grant application for the web; a pilot workshop with financ ial planners and a session at the Annual Conference for professional advisors. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Plan of Work for 2008-09 as recommended by the Executive and Audit Committees be approved. 2008-09 Budget Audit Committee Chair Phil Peters and Dave Lindberg, Vice President of Finance and Administration, presented the 2008-09 Budget. Mr. Lindberg noted CMF bases its membership dues on asset levels and acknowledged the additional member contributions ofthe W.K. Kellogg Foundation and the Skillman Foundation for the Detroit Office occupancy costs. Mr. Lindberg noted the conference and meeting surplus generates mainly from sponsors and exhibitors. Staff is recommending delaying the production of the Michigan Foundation Directory for six months in order to sell the overstock of the directory at the current price. Mr. Lindberg discussed each of the Endowment Funds. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the CMF Board of Trustees approve the 2008-09 CMF Core Services and Endowment Funds Budget as recommended by the CMF Audit & Executive Committees. Proposed Amendment to Bylaws Rob Collier & Dave Lindberg introduced the proposed amendment recommended by Trustee, Lloyd Yeo to make the Audit Committee a standing committee in the Bylaws. With approval from CMF's legal counsel, the following change was recommended. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 3 Upon motion duly made, supported and unanimously approved, it was RESOLVED that Article V of the Bylaws be amended to redesignate Section 4. Other Committees as Section 6 of Article V and that a new Section 4 be added to read in its entirety as follows: Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirmatively determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee C harter as adopted by the Board and amended from time to time. Proposed Dues Increase 2009-10 Rob Collier & Dave Lindberg presented the proposed 10% increase effective for April 2009. Mr. Lindberg noted that last increase took place in 2004, the first after nine years with a 20% increase. The Membership Committee and Communications Task Force would like to start developing a plan to introduce the recommended dues increase at the October Annual Meeting. Upon motion duly made, supported and unanimously approved, it was RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting April I , 2009. Diversity & Inclusion Initiative Vicki Rosenberg introduced the logic model for the five year Diversity and Inclusion Initiative funded initially by The Kresge Foundation. She noted the first three objectives: for CMF to become a model regional association and national resource; for 19 foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion; and to increase CMF members' awareness, understanding and action in diversity and inclusion. The Governance Committee, chaired by Trustee Carol Goss, will be expanded to serve as an Advisory Committee for this Initiative. Upon motion duly made, supported and unanimously approved, it was RESOLVED that CMF undertake a five-year Diversity and Inclusion Initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. President's Report A. Government Relations Government Relations Committee co-chair Carol Paine McGovern updated the Board on the recent call combined with the Funders Concerned about Michigan's Economy Affinity Group to discuss the possible introduction ofL3C legislation. Senator Jason Allen has agreed to introduce the bill. If the bill moves forward, CMF members will testify. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 4 She noted that about 30 members have registered for the annual visit to Capitol Hill on March 4 & 5. With the extension of the IRA Charitable Rollover, the Hedge Fund issue, and the L3C legislation it will be an important year for this meeting. B. CMF Website Update Kathy Ginocchio gave a brief overview of the new website www.michiganfoundations.org. The site is a knowledge management project that 16 Regional Associations share. It is set up for audiences we hope to serve and those that we do already serve. C. Public Policy Public Policy Committee Tri-Chair Dave Egner and Jaclyn Miel-Uken briefed the Board on the recent affinity group activities of the Public Policy Committee and the addition of Jenee Velasquez of the Herbert H. and Grace A. Dow Foundation to the Committee. D. Annual Conference Annual Conference co-chairs Caroline Chambers and Rachel Mraz reported the Conference Committee met last month. The Capitol Steps will entertain us as well as a special evening at the Grand Rapids Art Museum. Update from Sterling Speirn, President & CEO, W.K. Kellogg Foundation Trustee Sterling Speirn updated the Board on the new focus of the W.K. Kellogg Foundation which reaffirms the original intent of the founder W.K. Kellogg's interest in children. Five core program elements include: family income and assets; community assets; education and learning; food, health & well being; civic and philanthropic engagement. He noted the Foundation has also reaffirmed its commitment to the state of Michigan, with Mississippi and New Mexico being other priority states. The Foundation w ill focus on improving the lives of children and families who are vulnerable by: emphasizing the role of place and geographic focus; developing and supporting leaders; focusing on key policy issues; achieving success for children by third grade; and promoting racial equity. The Board adjourned for lunch at 12:30 p.m. Special Presentation on the State of the State Chair Sieger reconvened the meeting at 1:00 p.m. and introduced special guests: Sharon Parks, Michigan League for Human Services; Erin Skene, Michigan Nonprofit Association (MNA); and Karen Aldridge-Eason, Office of the Foundation Liaison, to discuss the Governor's State of the State and proposed budget. Sharon Parks noted the proposed budget is the first budget that does not face a deficit. Low income individuals will receive a 2% cash assistance grant increase for a monthly total of $499 with a clothing allowance restored to $75 per child per year. Increases are also included in the K-12 budget to create smaller high schools. She added that the Federal economic stimulus package includes incentives for businesses that could negatively affect the state's budget revenues. Erin Skene reported on the results of a survey ofMNA membership at the end of2007 that indicated 68% feel the demand for services has increased as a result of state budget cuts while 70% report their funding has decreased as a result of state budget cuts. The survey also indicated that while 68% �Board o f Trustees Meeting Minutes - February 12, 2008 Page 5 report more collaboration with other nonprofit organizations, 44% of respondents report cutting staff. Karen Aldridge-Eason reported the Office of the Foundation Liaison is working in partnership on education and workforce development, Achieve the Dream, college access issues, working with Ishmael Ahmed of the Department of Human Services on food policy, working with the Skillman Foundation focusing on the African American male population and the area of alternative energy w ith the Kresge Foundation. The Board excused staff from the room for a closed Executive Session to discuss the process for reviewing the performance of the President. Adjournment There being no further business to come before the Board, Chair Sieger adjourned the meeting at 2:00p.m. Diana R. Sieger, Chair Robert S. Collier, President � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book previous board minutes Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book previous board minutes. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50735 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/53b5dcf15d676c62bb7373d55bd5c43e.pdf dc00944adc7e08d1eb6436fe4d60125f PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. May 12,2008 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report Before providing an update on activities since the February Board Meeting that address the six core goals that serve as the basis for our Strategic Plan, I am pleased to note three important staff happenings: • • • Becky Noricks has been promoted to Communications Manager. As noted in the Public Policy Report, Dana Linnane starts June 23 as Public Policy Fellow, but we are excited she will be joining us for the Board Meeting to meet you. Surabhi Pandit, a student at the University of Michigan and alumnae of the Southfield Community Foundation Youth Advisory Committee, starts May 19 as the 2008 Mawby Intern. Her bio & essay for the Mawby Internship are included as ATTACHMENT A. We look forward to having you meet Dana and Surabhi and to congratulating Becky on her promotion. I. ADVOCACY STRATEGY- To advocate for goals in Legislative Statement supporting a legislative and regulatory environment conducive to philanthropy In addition to the activities reported under the Government Relations Report, we spent a good deal of effort dealing with: the forms for recertifying community foundations for the tax credit through meetings with Treasury officials and meetings with legislators such as Senator Jansen and Representatives Tobocman and Beida to move the new credit for K-1 2 education foundations from Section 425 in the Michigan Business Tax where it has been placed in competition with the community foundation tax credit. II. EDUCATE STRATEGY- To provide programs, resources and technical assistance In addition to the many activities highlighted in the Public Policy Report, the follow ing are noted: February 12 - Middle College: Transitioning Michigan Workers Jim Jacobs, Director, Center for Workforce Development, Macomb Community College and Lee Schleicher, Former Principal and Founder, Washtenaw Technical Middle College offered critical information about community colleges' consistent contribution to the vitality of Michigan' s workforce and educational needs of its citizens. Forty attendees learned about innovation approaches that educational and philanthropic institutions are pursuing to help the successful transition of the State's economy. This meeting was moderated by Michael Schmidt, Director of Education, Ford Motor Company Fund �President's Report May 2008 Page 2 March II - Interplay Between Economic and Neighborhood Development Fifty-two DAG participants came to hear Garth Taylor, President of Metro Chicago Information Center, discuss the use of arts to re-magnetize communities and leam ways to invest in the amenities, beautification, and resources of neighborhoods to revive local markets and enhance the quality of life. Tonya Allen, VP of Programs, The Skillman Foundation and DAG chair moderated this session. March I2- 13 - Boston College's Center for Corporate Citizenship: "Communications for Community Involvement Managers" CMF offered its ninth corporate community involvement course with Boston College's Center for Corporate Citizenship with support from Comerica for I4 corporate members and non members. Ron Brown, president, Impact Resources and consultant for Boston College's Center for Corporate Citizenship, taught the two-day course focusing on practical tools that managers can use to improve communications with internal and external audiences. Since 200I , forty-two Michigan corporate community professionals have earned enough credits to receive certification, with seven also receiving advanced certification. March I3 - Family Philanthropy Teleconference- The Challenges of Board Leadership: What, Now and Why Ken Gladish, fonner distinguished professor of nonprofit studies, and forn1er director, The Grantmaking School, Dorothy A. Johnson Center for Philanthropy and Nonprofit Leadership, Grand Valley State University, explored the most compelling dilemmas in board leadership. Drawing on the best research, analysis and speculation in the board leadership field, Ken discussed the complex challenges facing fami ly foundation trustees and directors. April 8 - Towards a Knowledge-Based Economy: Philanthropy as Catalyst Seventy-eight Detroit area grantmakers welcomed three southeast MI speakers: Allan Gilmour, Chair, Community Foundation for Southeast Michigan and former Vice Chair, Ford Motor Company; Steve Hamp, Chair, The New Economy Initiative; and Carol Goss, President, The Skillman Foundation. The speakers discussed Michigan' s lagging transition into a knowledge-based economy and the role for philanthropy and the private sector including the New Economy Initiative. Cassandra Joubert, Vice President, Community Investment, Community Foundation for Southeast Michigan, moderated this meeting. April 10 - Family Philanthropy Teleconference- The Many Hats of Non-family Staff Members Gary Torbin, Ph.D., president, Institute for Jewish & Community Research and Joanne Fiorino, executive director, Triad Foundation discussed the defining roles for a staff person working for a fami ly foundation or donor advised fund. Emphasis was focused on appropriate ways to make the staff-family relationship productive and successful. April 22 - Exploratory Conversation on Faith Based Philanthropy Jodie Fishman Raines, The Jewish Fund; Janet DeYoung, The Holland-Zeeland Area Community Foundation; Robert Thornton, The Skillman Foundation; and Edward Hernandez, (DeVos Family Funds) joined Vicki Rosenberg for an exploratory discussion about current issues in faith based grantmaking and their interest in serving as a steering committee for a 2009 member event on this issue. Based on the highly generative discussion, follow-up meetings will be held to design an event for fourth quarter FY08. �President's Report May 2008 Page 3 May 3-6 - Council on Foundations Summit From the Legislative Update to Race Matters to National Standards for community foundations, Rob Collier, Vicki Rosenberg and Donnell Mersereau each served as moderator/panelist/TA provider for sessions at the Summit. In addition, several CMF members, including executives and program staff of the C.S. Mott Foundation, the Ruth Mott Foundation, the Nokomis Foundation and the Hudson-Webber Foundation, participated in the Essential Skills & Strategies for New Grantmakers pre-session codeveloped by CMF and co-authored by Vicki Rosenberg. CMF is currently planning a spring 2009 ESS session in Michigan. May 13 - From the Ground Up: Redesigning Urban Food Systems Sixty-five grantmakers met at the Eastern Market in Detroit to hear Oran Hesterman, president & CEO, Fair Food Foundation, discuss the foundation's plans to work with communities redesigning the food system to uphold the fundamental right to healthy, fresh and sustainably grown food. A special afternoon workshop followed the luncheon featuring Dr. Mike Hamm, professor of sustainable food systems, Michigan State University. Thirty participants learned about MSU's ongoing research to better understand the demand and supply sides of local food systems and discussed opportunities to support a more strategic approach to food system change. Miguel Satut, program director, youth & education, W.K. Kellogg Foundation, moderated. May 27 - Promotional Webinar for Evaluating the Impact of Your Advocacy Grantmaking In fall 2008, CMF will host an Alliance for Justice Workshop designed to build foundations capacity for evaluating the impact of grants to non profits to support advocacy. The program includes training for Grantmakers and an on-line self-assessment tool for grantees. A promotional webinar that gives CMF members a "sneak preview" of the program will be offered on May 27. June and Sept. 2008 and Feb. 2009-- Communications Skill Building Webinars with Andy Goodman On June 9, CMF will kick-off the frrst of three webinars designed and led by communications expert, Andy Goodman that will build participants skills in: (1) building effective communications campaigns for specific target audiences; (2) making the right decisions about graphic design services to get the most out of their communications tools; and (3) understanding, crafting and delivering stories about the work of the foundation. June 13-15 - Tenth Annual Family Foundations Retreat, Mackinac Island More than 125 adults and youth ages 6 to 86 will be gathering on the Island to: develop their story telling abilities with the help of a storyteller from Mt. Pleasant, experience the first ever Geocaching Philanthropy Hunt with a team from the Island, sharpen their environmental skills with water testing led by Captain Tom Kelly from the Inland Seas and Helen Taylor from the Nature Conservancy and sleep well with a discussion of"What About Your Foundation Keeps You Awake at Night" with Doug Bauer from Rockefeller Philanthropy Advisors. June 26 - Deep Diversity & Gender Equity Workshop As part of the Transforming Michigan Philanthropy Through Diversity and Inclusion, CMF will host a workshop on deep diversity and gender equity in grantmaking with Diversity in Philanthropy Project (DPP) consulting team member, Mary Ellen Capek, author of the prize-winning book Deep Diversity and Gender Equity in Grantmaking. June 27-29 - Youth Grantmakers Summer Leadership Conference YACers from the across the state of Michigan, around the United States and Canada will gather at the University of Michigan for the annual Youth Grantmakers Summer Leadership Conference hosted and �President's Report May 2008 Page4 sponsored by the Michigan Community Foundations Youth Project (MCFYP) Committee. The conference theme, I Am Only One: One Individual, One Community, One Vision, is inspired by a recent talk by Russ Mawby, founder of Michigan youth philanthropy. Participants will learn about their own leadership styles through a personality assessment, and will be encouraged to find their passion. Highlighting the conference is an interactive workshop called Box City where small groups ofYACers will build cities to learn what it really takes to create viable communities. The final goal of the conference is to show Y ACers how a vision can become reality through cooperation on common issues. Using environmental issues as an example, participants will explore how to maximize the collective power of young leaders. Once again the MCFYP Committee, consisting of 12 YACers and 3 YAC advisors, has planned the entire conference agenda and will be facilitating the entire conference. This unique opportunity for young people to learn from their peers is what makes this conference so special. July 9 - Cultural Competency Institute for Grantmakers CMF and the Alliance for Nonprofit Management (ANM) will co-sponsor a special one-day Cultural 1 Competency Institute for Grantmakers on July 9 as part of ANM's l 0 h anniversary national conference at the Hyatt Regency in Dearborn. III. INCREASE STRATEGY- To provide programs, resources and technical assistance to build the capacity of community foundations February 27 & 28 Ohio/Michigan Joint Community Foundation CEO Retreat Sixty community foundation CEO's from Ohio and Michigan gathered in Detroit for two days of information sharing, celebration of initiative successes and presentations by national speakers. The agenda included small group discussion on the Transfer of Wealth Analysis success stories for community campaigns, legacy societies, board education and large community foundation implementation. John Austin, V.P. Michigan Board of Education and Senior Fellow with the Brookings Institute- recently appointed Director of the New Economy Initiative- led a plenary session on the Great Lakes Economic Initiative, followed by concurrent sessions on "Cultural Competency and Civic Engagement" led by Kimberly Roberson of the C.S. Mott Foundation, and "Rural Philanthropy" facilitated by Janet Topolsky, Director, Community Strategies Group of the Aspen Institute. The second day of programming included statewide meetings, a presentation on the "African American Male Initiative" by program officers of the Skillman Foundation and lively discussion on the Access to Recreation Public Policy Initiative. In addition, the community foundation program officers of Michigan- more than 40 strong - met in Kalamazoo in March for their Annual Retreat. IV. LEAD STRATEGY- To educate members through programs and resources The Public Policy Report previously referred to and earlier in the Board Agenda covers many of these activities. However, a significant step in April was submission of renewal proposals to continue funding for the Office of the Foundation Liaison to Governor Granholm- funding currently is scheduled to end September 30, 2008. A copy of the support letter from Governor Granholm is included as ATTACHMENT B. �President's Report May 2008 Page 5 STRATEGY- To contribute to national and global dialogues on advancing community philanthropy In March, Donnell Mersereau attended a two day work session at the Cleveland Foundation with the Council on Foundations' Standards Action Team sub-committee that undertook the "refreshing" of National Community Foundation Standards, Documents and Key Elements. Donnell is also the Chair of COF's Standards Action Team sub-committee that will be designing the National Community Foundation Standards-Phase li- Re-compliance Process. The new standards andre-compliance process will be designed, tested and implemented by 2010. The full Standards Action Team is meeting in Chicago at the same time as the CMF Board Meeting on May 19th & 20th. Donnell is attending the SAT meeting because of her leadership role with re-compliance and to help design a collaborative model for technical assistance delivery with Regional Associations of Grantmakers. CMF has donated Donnell 's services for two weeks in this first quarter of2008 to help the staff at the Council on Foundations complete the standards review process for Phase I. In May, Donnell attended the Management Committee Meeting of the Global Fund for Community Foundations in conjunction with the COF Philanthropy Summit at the Gaylord National Convention Center. The Management Committee is reviewing recommendations for the continued sustainability of the Global Fund and in June will be reviewing and making grant decisions on the largest group of applications submitted by emerging community found ations in World Bank client countries. IV. NETWORK STRATEGY- To provide programs and resources linking grantmakers and grantmakers with grantseekers CMF's major networking activity, the Annual Conference, is highlighted in an action item earlier in the Agenda. April 29 - EPIP (Emerging Practitioners in Philanthropy), Detroit Hosted by the Skillman Foundation and attended by Becky Noricks and Mike Goorhouse from CMF, the Michigan Chapter ofEPIP was launched with participation by about 20 young professionalsfoundation staff and trustees, donors, graduate students, and staff fro m philanthropic support organizations. We can look forward to an EPIP presence at our Annual Conference. May 13, 14 - NonProfit Super Conference, Lansing CMF Trustee and President of the Skillman Foundation is the first plenary speaker for the annual Michigan Nonprofit SuperConference. CMF is also organizing a special funders reception with the authors of Forces for Good, another plenary session. June 19 - Communications Network-Michigan Event on Foundations and Web 2.0 The second annual special event of the Communications Network-Michigan will take place June 19 at The Skillman Foundation in Detroit. The program will focus on the opportunities Web 2.0 technology offers to foundations. Bruce Trachtenberg, executive director, Communications Network, will serve as program facilitator. The Communications Network-Michigan, formed in 2007, is the first and to-date only state affiliate of the national Communications Network. Through this partnership, CMF members receive a $50 discount on the $300 annual membership to the national Network as well as access to recorded webinars and other special opportunities. �President's Report May 2008 Page 6 VI. PROMOTE STRATEGY - Provide leadership for coordinated regional/national communications on the sector Philanthropy 3D/Michigan & Midwest In January 2008, CMF received a $75,000 grant from The David & Lucille Packard Foundation to design and pilot Philanthropy 3D/Michigan whose goal is For influential leaders in Michigan to appreciate and seek partnerships with foundations to improve the quality of life in Michigan. The Forum of Regional Associations ofGrantmakers (Forum) also provided a grant of$20,000 to CMF to test the 3D model in a small and mid-sized regional association (Donors Forum of Wisconsin and Indiana Grantmakers Alliance) to inform a final model and tools that can be used by regional associations across the U.S. First quarter work focused on refining the project goal, strategies and targets through holding input sessions w ith CMF member senior communications officers, executives engaged in public policy work, Rob Collier and Foundation Liaison Karen Aldridge-Eason. CMF and 3D are featured on the home page of the Philanthropy Awareness Initiative website at www.philanthropyawareness.org. Because of this work and Vicki Rosenberg's service as a trustee of the Communications Network, CMF was featured in the May 1, 2008 issue of The Chronicle of Philanthropy- ATTACHMENT C which included a major story and several related stories on trends in foundation communications. While the reporter did not contact the four members Vicki recommended, Vicki's comments about the CMF annual conference and our multi-year educational offerings on strategic communications for foundations are included. Michigan Philanthropy Oral History Project (MPOHP) Through our partnership with the Johnson Center, full digital recordings of member stories captured through the Oral History Project will be archived and made available to scholars, students and others through the Steelcase Library at Grand Valley State University starting in fall 2008. CMF Communications Manager Becky Noricks is currently planning the third set of recordings for smmner 2008. STRATEGY- Publish articles, reports and studies Giving & Volunteering Studv 2008 The 2008 Giving & Volunteering study, developed by Michigan State University as part of the quarterly State of the State Survey, was published with the Michigan Nonprofit Association in April 2008. Key findings included 88.9% of respondents reporting contributions to charity in the past year and, nearly 50% of adults volunteering last year. Available at www.michiganfoundations.org. , a copy is also in the back pocket of your Board book. The Report was released at the annual April Volunteer Champions event hosted by the Michigan Community Services Commission, MNA and CMF at the State Capitol recognizing legislators for their support of giving and volunteering. Philanthropy in a Changing Society, Achieving Effectiveness through Diversitv Also in the back pocket of your report or available at www.rockpa.org, the Executive Summary of this new report by Jessica Chao of Rockefeller Philanthropy Advisors with support from the Charles Stewart Mott Foundation acknowledges CMF for the work we have launched in Diversity and Inclusion. �President's Report May 2008 Page 7 STRATEGY - Provide financial support for high profile events May I & 8 - Michigan Women's Foundation- Women of Achievement & Courage CMF continues to support this annual event held this year on May 1 in southeast Michigan and in west Michigan on May 8. Event awardees included Jean Enright, executive assistant to the president, Grand Valley State University (retired); Dr. Haifa Fakhouri, president & CEO, Arab American Chaldean Council; The Honorable Denise Page Hood, U.S. district judge for Eastern District of Michigan; Mary Ellen Rodgers, U.S. managing partner field operations, Deloitte LLP; and Bea Sacks, visionary, social activist and former educator. June 19 - Governor's Service Awards, Detroit Hosted at the Fox Theater by the Michigan Community Services Commission that Rob Collier serves as Vice-Chair for, CMF will again be involved in presenting the first two awards. Ms. Ronda Stryker and Mr. William Johnston of Kalamazoo will be receiving the 2008 Russell G. Mawby Award for Philanthropy- our State's top award for philanthropy. This Award is given annually since 1995 to an individual or couple for a life-time commitment to philanthropy in M ichigan. Mr. Walter North of St. Ignace was selected as the 2008 recipient of the Community Foundation Philanthropy Award. This Award inaugurated in 2006 honors an individual or couple for a life-time commitment to the development of community philanthropy. Selected by a Committee of CMF and MNA members, these three philanthropists will also serve as Honorary Chairs for the CMF Annual Conference in October in Grand Rapids. STRATEGY - Engage in media relations CMF in the News since April 1, 2008: Michaels, Marty. "Finding their voice: grant makers seek new ways to share stories." The Chronicle ofPhilanthropy. May 1, 2008 (ATTACHMENT C) "Young lead way in giving, volunteering." Crain's Detroit Business. April 14, 2008. Description: An announcement about the Giving and Volunteering 2008 Study being released by CMF and the Michigan Nonprofit Association. �Attachment 8 S TAT E OF M K ' H ICOAN JENNIFER M . GRANH OLM OFFICE OF THE GOVERNOR GOVERNOR JOHN D. CHERRY, J R. LANSING LT. GOVERNOR April29, 2008 Rob Collier President Council of Michigan Foundations One South Harbor Avenue, Suite 3 Grand Haven, M1 49417 Dear Rob: I am writing to again express my great appreciation for the invaluable contribution of the Office ofthe Foundation Liaison to my Administration and to request the continued support of the philanthropic community for its work. \ Given the key role you played in establishing the Office of Foundation Liaison in 2003, I know you value the kind of meaningful public private partnerships the office has been able to facilitate between state government and Michigan foundations. Among the most noteworthy projects are the Early Childhood Investment Corporation, the Michigan Prisoner Reentry Program-JEHT Challenge Grant, the implementation work of the Cherry Commission on Higher Education and Economic Growth, the Surgeon General's "Generations with Promise" Youth Initiative, the Michigan Food Policy Council, and work on improving government efficiencies. In all, the office has been able to facilitate foundation community involvement in over 70 initiatives, securing funding of nearly $45 million. While we have made significant strides, there still is a great need for the powerful collaborations the Office of the Foundation Liaison has made possible over the last five years. Our focus on creating high schools that work for students at risk of dropping out that is embodied in my 21" Century Schools Fund proposal is a great example of an issue that cries out for substantive partnership involving the state, local school districts, community groups and the philanthropic community. There also are great opportunities for collaboration in workforce development in the area of health care a nd in the expansion of Fa mily Resource Centers in our schools. P.O. BOX 30013 • LANSING, MICHIGAN 48909 www.mochogan gov �Rob Collier April 29, 2008 Page2 Beyond the partnerships that have been forged around specific projects, I believe my office has benefited from the dialogue this office h as fostered with the foundation community. It has h elped create policy that is sensitive to the specific needs of Michigan communities and local efforts to address the problems they face. This dialogue also has been a much-needed force for bi-partisanship in policy-making in Lansing. I look forward to it continuing throughout my second term. Should the foundation community, through the Michigan Council of Foundations, be able to continue its support for the Foundation Liaison Office, my office will continue to provide staff assistance to Karen AldridgeEason and Maura Dewan, in addition to office space, equipment, supplies and other in-kind support. Even though Michigan's budget r emains under severe pressure, we regard support for this office an essential investment in Michigan's future. Thank you again for your strong commitment to moving our state forward and for giving your consideration to this proposal. I believe this pioneering effort will continue to pay great dividends for state government and for the citizens of Michigan. �Print: Page 1 of5 THE CHRONICLE OF PHnLANTHROPY http://www.philanthropy .com/premium/articles/v20/i 14/ 1400070 l.htm Finding Their Voice Grant makers seek new ways to share stories By Marty Michaels Jonathan Fanton has solved a conundrum that plagues many nonprofit leaders: He's found a way to be in many places at the same time. While he leads the John D. and Catherine T. MacArthur Foundation, in Chicago, he also runs meetings in Second Life, the online world. As Jonathan MacFound, his "avatar," or digital character, he has led discussions on topics such as civil liberties and the role that grant makers can play in using virtual interaction to promote social change. While many consider virtual worlds "play," the foundation is serious about exploring their potential for engaging young adults and educating people about philanthropy and the work of the foundation and its grantees. For example, last June MacArthur made a $550,000 grant to the University of Southern California's Center on Public Diplomacy to help it promote virtual conversations about education, human rights, migration, and other topics- and about how foundations can remedy social problems. While the MacArthur foundation's presence in Second Life is a cutting-edge communications tool, it is just one of many increasingly sophisticated techniques that grant makers are using to reach people who do not know much about them. At the same time, many foundations are rethinking their communications departments, hiring professionals from large public-relations firms and people with experience in interactive technologies- often referred to as Web 2 .0 - that the grant makers hope will lend themselves to discussions that far outstrip anything a traditional annual report can provoke. Many of the larger foundations say that they want to encourage honest, two-way communication about both successes and failures, and that doing so can only lend more credibility to their efforts. Among the approaches: • Last June, the Bill & Melinda Gates Foundation hired Heidi Sinclair, chief executive of BursonMarsteller Europe, to be its chief communications officer, a new position. And when the foundation's new headquarters opens in late 2010 or early 2011 on prime real estate across from the Space Needle in downtown Seattle, the facil ity will include a 15,000-square-foot visitors' center with displays that will describe the foundation's global work. • In March the JohnS. and James L. Knight Foundation, in Miami, named Marc Fest, founder of QuickBrowse.com, as its new vice president of communications. (QuickBrowse is a Web service that enables Internet users to combine frequently viewed Web pages into a single page.) The foundation has also hired its first "online-community manager." In addition, the fund created a short video advertising its 2008 Knight News Challenge - which in mid-May will award up to $5-million to 17 projects that seek to use blogs and other digital efforts to unite residents of cities and towns in ways that local newspapers traditionally have done. The video about the competition was translated into 11 languages and broadcast by MTV and http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 2 of5 YouTube around the world, doubling to 3,000 the number of applications it had received in the 2007 competition. • The John Templeton Foundation, in West Conshohocken, Pa., has given $10-million to start the Philanthropy Project, which will produce a $5-million film and use other visual media to tell positive stories about the work that foundations do. Templeton has hired Michael Guillen, who served as chief science correspondent at ABC News for 14 years, to head the project, which will be based in Los Angeles. Scrutiny and Mystery Foundations' efforts to be more strategic and expansive in their communications efforts are in part a response to the relative ease of using online approaches, but also a sign that grant makers face increased scrutiny and demands for accountability from lawmakers, the news media, and the public. Moreover, many experts say, most people don't have the foggiest notion what foundations are or what social purpose they serve; consequently, many grant makers feel the need to get the word out about their missions. Only 11 percent of Americans could correctly name one foundation, according to a 2003 study commissioned by the Council on Foundations and conducted by Wirthlin Worldwide. And while that figure has probably risen because of news reports on the Gates foundation, many say that public awareness remains low. "There's an increasing recognition that for too long too many foundations have operated in the dark," says Bruce Trachtenberg, executive director of the Communications Network, in New York, a group that represents public-relations officials at foundations. "There's just a general lack of understanding aboul whal foumlalions Jo, so il puls Lht: pressure on everyboJy lobe much more lranspart:nl." The network has grown accordingly, says Mr. Trachtenberg, from approximately 75 members in mid2006 to nearly 250 at present, and has a Facebook page, with 150 "friends," that it uses to inform its constituents. Joel L. Fleishman, professor of public-policy studies and law at Duke University, says new technologies "are the driver of the process." "As a few foundations start taking the initiative, other foundations will suddenly see that it doesn't cause fire and brimstone to rain on their heads if they admit what everybody already knows, which is that they're not perfect," says Mr. Fleishman. "And the fact that there are technologies evolving in such rapid ways, ways in which you can create better Web sites and more ways of interacting, is adding fuel to the fire." While many grant seekers have long pressed foundations to do a better job of communicating, some charity leaders say the efforts are not all focused on the right things. For example, some grant seekers say they want to see more-timely information about grants that have been awarded. And many worry that the spending on communications will reduce the overall amount of money available to nonprofit groups. Says Aaron Dorfman, executive director of the National Committee for Responsive Philanthropy, in Washington: "One could question whether dollars are best spent on communications or on giving out more money in grants, and I'd argue that most grantees would rather see more funding." 'Dream List' http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 3 of5 Many foundations nationwide are using an array of multimedia technologies to tell their stories and those of their grantees, as well as to illuminate public-policy issues. Some are using low-key approaches, such as e-mail or relatively simple Web sites, but many hope to expand their efforts soon. For instance, Josie Burke, director of communications at the El Pomar Foundation, in Colorado Springs, joined the foundation last May as its first fu ll-time communications staff member. She's working to overhaul the foundation's Web site, concocting a "dream list" of features by perusing other foundations' sites. And in another relatively low-tech move, Ms. Burke hopes to follow the lead of the Daniels Fund, in Denver, which persuaded local television and radio stations to broadcast segments about the work of grant recipients on a regular basis. Gara LaMarche, president of the Atlantic Philanthropies, also relies mainly on modest means to communicate with the publ ic, writing a biweekly column that is sent by e-mail to more than 2,000 people. Recent topics have included integrated education for Catholic and Protestant students in Northern Ireland, efforts to abolish the death penalty in Texas, and public-health programs to curb bicycle-related injuries and deaths in Vietnam. The issues are disparate, but all relate to Atlantic grantees and its mission. Mr. LaMarche says he receives approximately 50 responses to each column. "Right now, I respond to people who e-mail me, but it's just between the two of us. It's not a public exchange, but we're working to make it more interactive." At the Council of Michigan Foundations, Vicki Rosenberg strives to keep her 400 member foundations thinking about how best to harness different technologies to achieve their goals. The council's membership comprises such large grant makers as the W.K. Kellogg Foundation, which is conducting a search for a new-media manager who will help the foundation use Web 2.0 approaches, including video streaming, RSS feeds, and social-networking systems. But Ms. Rosenberg, who serves as vice president for education, communications, and external relations, says that isn't the norn1: "Most of our members don't have a professional communications person on their staff. They're doing it on their own or they're doing the minimum - putting out an annual report." The council first introduced extensive programs on strategic communications four years ago at its annual conference, which attracts about 700 people, and last summer created the only state affil iate of the Communications Network. In June, it will hold a course presented by Andy Goodman, author of Why Bad Ads Happen to Good Causes, that will explore how foundations can take a Web 2.0 approach. "With the Web universe being so incredibly full," says Ms. Rosenberg, "you have to understand your audience, what message you're trying to communicate, and how best to do that - and as more and more people look to the Web and to connect, there's an explosive growth in the competition for people's minds and energy." 'A Conversation' The Knight foundation has also embraced Web 2.0 technologies. Says Alberto lbargiien, Knight's chief executive, "It's no longer a case of 'I write and you read,' but of having a mind-set of having a conversation." He adds: "Accordingly, some of the ways in which we do our grant making also have to be different in part, because they can be. You can have a conversation with 50 people you've never met and discuss http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 4 of5 an idea about the digital delivery of news and inforn1ation to a certain region and each of them can add something to the conversation before you begin to spend one penny." Mr. Fest, an Internet entrepreneur and former journalist, joined the Knight foundation in March 2007 and was promoted a year later to vice president of communications. He has redesigned the foundation's Web site and helped create and market the Knight News Challenge contest and the more recent Knight Arts Partnership, which received I ,622 online applications from artists and arts groups in South Florida. The foundation will review the entries and invite selected applicants to submit full proposals, with winners scheduled to be announced this fall. Mr. Fest also sees great possibilities for blogs, message boards, and "possibly other tools to engage people we haven't even thought of yet." He recently persuaded the foundation to hire an onlinecommunity manager, a new position, after talking to others who have built online communities. "We found that this is not a trivial thing to do, that it takes a lot of staff time," says Mr. Fest. "What everyone is starting to grasp is that if you want to keep up with the rapid change around you, you also have to practice rapid-fire change and experimentation, and that takes a mind-set and culture that praises trial and error, and, when something fails, that is also praised and not frowned upon." Mr. Trachtenberg, of the Communications Network, says that many grant makers are grappling with the same tssues. "At least you have some level of measurement greater than throwing something into the mail or issuing a press release," he says. "You can see who's downloading what, who's leaving comments, how many hits you're getting, but all that just shows that something's happening. What's the right mix, what's the level of investment that makes sense? And then there's the big, unanswered question: Does any of this work? Are we reaching our audiences? As anyone in the commercial sector will tell you, it takes a lot more work to find out who's behind those clicks. I don't think anyone's there yet, but that's the question people are asking." Other observers are also asking similar questions, including who ultimately benefits from the new wave of communication approaches. Gary Bass, executive director ofOMB Watch, in Washington, says that although he hasn't yet seen such stepped-up efforts benefit the charitable world as a whole, the potential is there. "The technologies don't in and of themselves create change, or accountability, or better service or performance, but are tools that can be harnessed for those purposes," says Mr. Bass. In particular, he says, there needs to be more experimentation and a better critique of how foundations use social-networking tools. "As an example, your trustees make decisions about who gets grants. In a social-networking context, that would be anathema, the opposite of community control. The concept of social networking is to create new kinds of dynamics of communication and the formation of new kinds of groups. "It may be that foundations are indeed trying to foster that and that may be well and good. But it may be a tool that is best employed not by the foundations, but by the grantees doing the work." http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 5 of5 Senior-Level Jobs Meanwhile, the growing emphasis on communications has prompted many foundations to add new high-level jobs. "The big change is that foundations are investing and bringing in senior people and having them report to the president or to a senior team," says Kristen Grimm, president of Spitfire Strategies, a Washington firm that foundations and nonprofit groups hire to help them use communications to promote social change. "This is very different than having someone who just chums out press releases ore-newsletters. They are realizing that they need this senior expertise in-house. They don't always want to have to outsource it to a firm." Dean A. Zerbe, managing director of the Washington office of the Alliant Group, a Houston taxconsulting company, says that if this is accompanied by spending large sums on public-relations efforts, lawmakers might ask questions. "Every public-relations dollar is one less that could be used to help the poor, doing the things that Congress intended to benefit from charitable giving," says Mr. Zerbe, who in February left his job as an aide to Sen. Charles Grassley, the Iowa Republican who formerly chaired the Finance Committee. Adds Mr. Zerbe:"Iffoundation boards don't ask these tough questions, Congress and the news media will." Or as Steve Gunderson, president of the Council on Foundations, in Arlington, Va., explains it: "There's increased scrutiny, and either we- philanthropy- will define ourselves, or others will define us. As we grow in size and leadership, we also grow in responsibility and share with the public who we are, what our priorities are and are not, so we don't misrepresent ourselves, create any false hopes, or not be honest partners." Copyright © 2008 The Chronicle of Philanthropy http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book presidents report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book presidents report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50734 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/a5e1aee221a762d2c772beb27473166a.pdf b99b494d1072e107d998cfd61ecfee81 PDF Text Text TO: Members of the Council of M ichigan Foundations FROM: Duane L. Tarnacki Deanna M . Deldin C lark Hill PLC DATE: April 28, 2008 SUBJECT: Amendments to the Michigan Nonprofit Corporation Act cc: Rob Collier, President Dave Lindberg, Vice President Recent amendments to the Michigan Nonprofit Corporation Act (the "Act") now permit the use of electronic transmission, such as email, for notices, waivers of notice, proxies, written consents and voting when participating in a meeting by remote communication. These amendments have the potential of streamlining the procedures for providing notices, obtaining signatures for written consents, and conducting meetings. As used in the Act, "electronic transmission" refers to any fonn of communication that 1) does not directly involve the physical transmission of paper; 2) creates a record that may be retained and retrieved by the recipient; and 3) may be directly reproduced in paper form by the recipient through an automated process. Common examples include email and fax. Members (or shareholders) and directors (or trustees) must authorize the electronic transmission of notices or communication to them. The simple a ct of providing the organization with an ema il address, for exa mple, would constitute a uthorization. In order to utilize the convenience of electronic transmission, authorization in the articles or bylaws may be required. We have outlined below the provisions of the Act applicable to directorship organizations and membership organizations. We have also provided sample model amendments which organizations may adopt to incorporate the new provisions of the Act and/or to clarify their existing articles or bylaws. I. Directorship Organizations None of the amendments to the Act re lating to directorship organizations are legally required to be set forth in the organization's bylaws or articles. D irectorship organizations may utilize electronic transmission for notices, waivers, unanimous written consents or for voting if participating in a meeting by remote communication. Organizations should, however, ensure that their articles and bylaws are consistent with the use of electronic transmission. Depending on how the bylaws are currently written, the following amendments may be appropriate to clarify or remove inconsistencies. M odel Am endments Proposed Amendme nts to Bylaws (Directorship O rganizations) ARTICLE �Remote Communication and Electronic Transmission 1. Participation of Directors By Remote Communication, Participation of directors in a meeting by conference telephone will be deemed to include other means of remote communication by which all persons participating in the meeting may communicate with each other. Participation pursuant to this section will constitute presence in person at the meeting. 2. Definition of Electronic Transmission. As used in these bylaws, electronic transmission refers to any form of communication that does not directly involve the physical transmission of paper, creates a record that may be retained and retrieved by the recipient and may be directly reproduced in paper form by the recipient through an automated process. Use of Electronic Transmission. As used in these bylaws, "written" or "writing" 3. will include communications by electronic transmission, including but not limited to fax and email. Notices of meetings, waivers of notice of meetings, proxies, and written When a notice or consents may be transmitted by electronic transmission. communication is transmitted electronically, the notice or communication is deemed to be given when electronically transmitted to the person entitled to the notice or communication in a manner authorized by the person. A director will be deemed to have consented to the use of email upon providing the Corporation with a valid email address. II. Membership Organizations It is our view that action of members may be taken in only one of two ways - by vote at a meeting or by written consent. The amendments to the Act address both of these. Electronic transmission may also be used to provide notices of meetings, submit proxies or written consents to the organization, or to waive notice of a meeting. Neither the articles nor the bylaws need to specifically authorize these uses of electronic transmission. However, depending on how the articles and bylaws are currently written, clarification may be appropriate. Members may now vote in "real time" by electronic transmission. This would only arise in cases where members are participating in a meeting by remote communication such as a webinar. If the organization desires to hold member meetings by remote communication and the members to vote by electronic transmission, it must be authorized by the bylaws. If the members are voting for directors by electronic transmission, the provision must be included in the articles of incorporation. Action by written consent by fewer than all members must still be specifically authorized by the articles. Membership organizations may authorize action to be taken without a meeting and without a vote, if a consent in writing (which now includes email), setting forth the action to be taken is authorized by the members having not less than the minimum number of votes necessary to authorize or take action at a meeting at which all members entitled to vote were present and voted. Membership organizations that wish to take advantage of this provision and do not currently have this provision in their articles, must amend their articles. These consents would allow members to elect directors without holding an annual meeting if a list of directors is submitted along with the written consent to members. Members could review the list of directors nominated for election, �indicate their selection of directors and return the consent by mail or electronically. The consents would be tallied just as if a ballot vote had been taken and directors elected. The election would be valid only if the minimum number of votes were received. Board action electronically or by fax still requires unanimous written consent (affirmative response by 100% of the board). Model Amendments Proposed Amendments to Articles of Incorporation (Membership Organizations) ARTICLE Member Action by Less than Unanimous Written Consent Any action required or permitted by the Act to be taken at an annual or special meeting of members may be taken without a meeting, without prior notice and without a vote, if a consent in writing, including by electronic transmission such as electronic mail, setting forth the action so taken, is signed or authorized by the members having not less than the minimum number of votes that would be necessary to authorize or take the action at a meeting at which all members entitled to vote thereon were present and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent will be given to members who have not consented in writing. ARTICLE Electronic Voting for Directors A member entitled to vote at an election for directors may vote in person, by proxy, or by electronic transmission, as further described in the Corporation' s bylaws. Proposed Amendments to Bylaws (Membership Organizations) ARTICLE Remote Communication and Electronic Transmission 1. Participation of Members By Remote Communication. If the bylaws provide that members may participate in a meeting by conference telephone, participation in such a meeting will be deemed to include other means of remote communication by which all persons participating in the meeting may hear each other if all persons are advised of the communications equipment and the names of the persons participating in the meeting are divulged to all participants. Participation pursuant to this section will constitute presence in person at the meeting. �2. Member Voting. A vote at a meeting of members may be cast by electronic transmission if participating in a meeting by remote communication. Members participating in a meeting by remote communication will be considered present for purposes of determining a quorum and will be entitled to vote. 3. Participation of Directors By Remote Communication. Participation of directors in a meeting by conference telephone will be deemed to include other means of remote communication by which all persons participating in the meeting may communicate with each other. Participation pursuant to this section will constitute presence in person at the meeting. 4. Definition of Electronic Transmission. As used in these bylaws, electronic transmission refers to any fonn of communication that does not directly involve the physical transmission of paper, creates a record that may be retained and retrieved by the recipient and may be directly reproduced in paper form by the recipient through an automated process. 5. Use of Electronic Transmission. As used in these bylaws, "written" or "writing" will include communications by electronic transmission, including but not limited to fax and email. Notices of meetings, waivers of notice of meetings, proxies, and written consents may be transmitted by electronic transmission. When a notice or communication is transmitted electronically, the notice or communication is deemed to be given when electronically transmitted to the person entitled to the notice or communication in a manner authorized by the person. A member or director will be deemed to have consented to the use of email upon providing the Corporation with a valid email address. Finally, these amendments may not be appropriate for all organizations. We r ecommend consulting legal counsel before formally adopting any of the amendments. If you would like more information or have any questions, please contact Duane Tarnacki (313) 965-8264 or Deanna Deldin (313) 967-4074. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Michigan-Nonprofit-Corporation-Act-Amendments Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Michigan Nonprofit Corporation Act Amendments Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Michigan Nonprofit Corporation Act Amendments. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50733 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/8fce8178f34fb4954e62ad8d3190c23f.pdf a54fcaaf809564c9eaa637c04985d9a5 PDF Text Text MICHAEL RAO President of Central Michigan University Since 2000, Central Michigan University President Michael Rao has been focused on raising academic performance at all levels at the university; expanding research, clinical care, and creative work; strengthening the undergraduate experience with opportunities for students to engage themselves in their fields of study and study abroad; developing a focused core of master's and doctoral degree programs; and making progressive improvements to CMU's living/learning environment with a focus on increased sustainability and environmental responsibility. The president plays a major role with constituents who help shape the future of the university by engaging in external partnerships, fundraising, and promoting higher education funding reform in Michigan. With a committed Board of Trustees, he is leading an effort to study the possibility of opening a much-needed medical school in the region-just one of the many national-scale achievements for regional benefit that Rao encourages in the CMU community. Perhaps most importantly, a new medical school would help address physician shortages in the midand northern-M ichigan regions and improve healthcare overall. These and other initiatives are guided by the university's strategic plan, CMU 2010, wh ich focuses efforts on five priorities to promote reg ional leadership and attain national eminence. Rao came to CMU from Montana State University Northern, where he served as chancellor. Previously, Rao served as president of Mission College, where he also served as dean. In the late 1980s and early 1990s, Rao served in the private sector. Prior to his extensive work in California higher education, Rao worked with and then led a team to develop academic master plans for five new branch campuses of the University of washington and washington State University. Rao earned a bachelor's degree f rom the University of South Florida and a Ph.D. from the University of Florida. At UF, he served as an assistant to the president with duties that included acting as a liaison to the state and providing leadership in matters of un iversity governance, university relations, budgeting, and affirmative action. The president's spouse, Monica Rao, serves as the University Outreach Liaison and is a professional watercolorist and graphic designer. She is a graduate of an Indian polytechnic university and Central Michigan University. They have one son, Miguel. The Rao family is engaged regu larly in community activities including civic, cultu ral, social, and athletic events. President Rao is a member of the Strategic Economic Investment and Commercialization Board, part of a $2 billion job creation plan, and recently was appointed chair of the Measures of Success subcommittee. He is also a director of the Michigan Educational Trust. Rao is a member of the board of the American Association of State Colleges and Un iversities (AASCU) and serves on committees of the National Associat ion for State Universities and Land Grant Colleges (NASULGC). He also was a member of a subcommittee of the Cherry Commission on Higher Education and Economic Growth. Rao serves as chair of the MidAmerican Conference Council of Presidents and has chaired an NCAA Membership Certification Peer Review Team. The president chairs the board of the Central Michigan University Research Corporation and is a past member of the Mount Pleasant Area Community Foundation Board of Trustees. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Michael-Rao-CMU-President Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Michael Rao CMU president Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Michael Rao CMU president. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50732 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/3dd80732bebc8055c4d110db57afdeac.pdf cf8dec6cdab0da75ffce46f1c6f5bd20 PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: May 12, 2008 Memo To: Diana Sieger, Chairperson, and Members of the Board of Trustees From: John Colina, Chair, Membership Committee, Rob Collier, President, & Jeri Fischer, Membership & Special Projects Director Re: Membership Report and Dues Increase Marketing I. Proposed Change in Corporate Giving Programs Membership Category The follow ing Resolution is presented for action. RESOLVED that the criteria for membership for the category: Corporate Giving Programs and Consultant Service Business be changed from " Must make annual grants to charitable organizations in excess of $50,000 ..." to " Must make grants to charitable organizations of $25,000 over a five year period." Background The Membership Committee met on March 19 in person and by conference call. A key item on the agenda was a review of the criteria for corporate giv ing programs. Given the economic uncertainty of the state and world at this time, there was agreement that CMF should consider lowering the threshold to a more reasonable multi-year level. It was noted that this dollar level does not take into account the value of in-kind gifts and the volunteer time many Michigan companies give by supporting employee volunteering. Lowering the threshold should help in efforts to recruit more corporate giving programs and consultant service businesses as members. II. Marketing Plan for Dues Increase with Calendar Staff looks forward to counsel from Trustees on the following ideas. Included as ATTACHMENT A and approved at the February 2008 Board meeting, beginning April 1, 2009, all dues categories, whether based on assets or grantmaking, will increase 10%. The last dues increase was 20% beginning April I, 2004. When the Membership Committee met in March, it recornn1ended development of a marketing plan with timetable for the dues increase that would also include a personal customized letter from Rob Collier and the appropriate Vice Chair along with a one page Member Benefits piece. The draft letter and Member Benefits piece are included as ATTACHMENTS B and C. In order to market the increase in dues, CMF would include the following infonnation in publications and presentations like Memo to M embers, Family Philanthropist, E-NEWS, Family Foundations Retreat and Annual Conference, and other marketing opportunities: �Membership Report May 12, 2008 Page 2 • • • • • • • Size of the increase Interval since last increase Special programs that need funding Level of member satisfaction Cost of services Reason(s) for the increase Value of services being provided: (Almost any level of dues will be acceptable if the members believe that CMF delivers real value for the money.) The following implementation steps are suggested by staff for discussion with the Board. Time Line June B egin individual meetings w ith CEOs of highest dues paying members Send letter to all members explaining dues increase, by constituent group Discussion at Family Foundations Retreat on M ackinac Island July/August/Sept Article(s) in Memo to Members, Family Philanthropist, E-NEWS October 12-14 Discussion at Members Meeting at CMF Annual Conference January 09 Send renewals for 2009 reflecting dues increase III. Membership Report There are no new members to act on since the February Board Meeting Activity Summary for period April 1, 2008 through May 7, 2008 Memberships at 4/ 1108 Dropped Membership at 517/08 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 397 5 392 190 49% $ 604,100 13 $ 6,100 �Membership Report May 12, 2008 Page 3 Summary of current membership The following chart summarizes the current membership composition of392: 225 Private: Family Foundations Independent Foundations 168 57 96 Community: Foundations Affiliates Donor-Advised Funds 56 Foundations Giving Programs 24 21 33 7 45 Corporate: 18 Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 17 1 8 7 1 392 392 Dropped from Membership American Axle and Manufacturing (no corporate giving at this time) The Campbell Fund (member of Association of Small Foundation - no interest expressed) Benn and Kathleen Gilmore Foundation (have not endowed foundation) Howard Miller Foundation (no interest expressed) William and Sarah Seidman Foundation (out of state AZ, no participation) �Attachment A CMF 2009-10 Dues Structure Foundations 2004-09 Categories Under $500,000 $500,000- $1m $1-$2m $2-$4m $4-$6m $6-$8m $8-$10m $10-$20m $20-$40 $40-$60m $60-$80m $80-$100m $100-$200m $200-$400m $400-$600m $600-$800 $800-$1b $1-$2b $2-$3b $3-$4b $4b+ Rates $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Annual Grants Paid $50,000-100,000 $100,000-200,000 $200,000-300,000 $300,000-400,000 $400,000-500,000 $500,000-1m $1m-2m $2m-3m $3m-4m $4m-5m $5m-10m $10m-20m $20m+ 300 500 900 1,100 1,400 1,700 2,300 3,000 4,700 6,300 7,200 8,400 9,600 12,900 16,200 20,000 24,000 30,000 36,000 45,000 80,000 Rates $ $ $ $ $ $ $ $ $ $ $ $ $ 900 1,100 1,400 1,700 2,300 3,000 4,700 6,300 7,200 8,400 9,600 12,900 16,200 I 2009-010 I 10% Increase 330 550 990 1,210 1,540 1,870 2,530 3,300 5,170 6,930 7,920 9,240 10,560 14,190 17,820 22,000 26,400 33,000 39,600 49,500 88,000 Increase 990 1,210 1,540 1,870 2,530 3,300 5,170 6,930 7,920 9,240 10,560 14,190 17,820 In order to be a member Corporate Giving Programs are required to award annual grants of at least $50,000 S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Dues increase structure � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Membership-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50731 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d99071ebd4c94e4d11b6c66449517078.pdf 9f43111f63afd565ea3e79c3edd66046 PDF Text Text RESOLVED that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Jaclyn Miei-Uken, for her dedicated service as the 20072008 William C. Richardson Public Policy Fellow, including: coordinating Public Policy Briefings with the Office of the Foundation Liaison; organizing groups of funders such as the Arts Affinity Group; managing special projects such as the engagement initiative with Grantmakers in Aging; working with policymakers both in Lansing and Washington on new opportunities for philanthropy such as the L3C bill; conducting research for new collaboratives such as the Access to Recreation Initiative; and working with the staff and the Board of Trustees of CMF to strengthen, promote and increase philanthropy in Michigan. Diana R. Sieger, Chairperson May 20, 2008 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Jaclyn-Miel-Uken Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Jaclyn Miel Uken Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Jaclyn Miel Uken. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50730 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/63a88253f3c22975ca0cdd4a2a4a373a.pdf 9f6dcdc876fcd9aa1da16c3e1a824353 PDF Text Text eMF Council of Michi an Foun:fations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Carol Paine-McGovern and Andrea Cole, Co-Chairs, Government Relations Committee and Rob Collier, President Re: Government Relations Report 111 Since the February Board Meeting, CMF celebrated its 30 annual Foundations on the Hill visit. Included as ATTACHMENT A is the list of participants in the Washington visit. Included as ATTACHMENT B is the article from the spring issue of Memo to Members that highlights Foundations on the Hill. There has been a lot of activity on the legislative front both at the federal and state level, and your action is requested on three Resolutions in advance of the update. I. AMENDMENT TO POSITION ON FEDERAL EXCISE TAX RESOLVED that Goal 4 be amended from repeal of the excise tax on private foundations to "Support simplification of the excise tax on private foundations to a flat tax that is revenue neutral for the federal government." Background The 1984 Tax Act allows the excise tax on investment income to be reduced from two to one percent if a foundation's payout for the year in question equals or exceeds an amount equal to the year's assets, times the average payout percentage for the five years, plus 1 percent of the foundation 's net investment income. Private foundations are the only 501(c)(3) organizations that currently pay this federal tax. The current formula is difficult to administer and limits instead of serving as an incentive for charitable giving. Most small unstaffed private foundations have to rely on accountants to calculate the tax. While CMF has advocated for simplification of the excise tax to a flat one percent as an intermediary step to repeal of the tax, the readers of our Legislative Goals Statement do not always read the rationale statement. Members of the Michigan Congressional Delegation have indicated a willingness to support simplification of the excise tax to a revenue neutral number when they are given the explanation that the current formula of is costing Michigan charitable dollars. According to the Council on Foundations (COF), the Joint Committee on Taxation did an analysis in 1993 that indicated a revenue neutral number would be 1.43%. Because no one knows the current number, the Charles Stewart Mott Foundation has given a grant to CMF to retain Cambridge Associates to do this analysis. Once this analysis is complete, we will organize a conference call with the Board of CMF and the Government Relations Committee to discuss Page I �how we should use this information. The Council on Foundations (COF) Public Policy Committee, which Rob Collier serves on, has recently amended its position to reflect this revenue neutral position and will be recommending this position to the COF Board. The revenue neutral number is being recommended in light of the federal govemment 's financial situation, and that the government is operating under "pay go" rules in the House of Representatives. This means we could end up with a higher payout rate in exchange for a flat one percent rate. II. POSITION ON CALIFORNIA ASSEMBLY BILL 624 RESOLVED that the Council of Michigan Foundations joins with the Northern California Grantmakers, Southern California Grantmakers and San Diego Grantmakers - the three California Regional Associations and the C ouncil on Foundations in opposing California Assembly Bill 624 because this legislation: • ignores the commitment of many of our members to better reflect, represent, and serve all populations through the impact of the operations - governance, staffing, business practices and grantmaking - of organized philanthropy, • mandates the collection of data related to the diversity of our boards, staff and grantees that may be impossible to accurately collect, and • has the potential to both negatively impact the very diverse populations and communities it seeks to serve, and to slow-rather than grow - philanthropy and philanthropy' s commitment to serve such populations. RESOLVED further t hat, in recognition of both C MF's Board approved Diversity and Inclusion Initiative and the appropriate bala nce between the voluntary decisions of individual grantmakers with the sector's responsibility to serve the common good and all of society, the Council of Michigan Foundations supports the call to action from the Council on Foundations that all of philanthropy join in a growing commitment to respond to the appropriate concerns about our lack of progress to date and our collective commitment to increasing our value for and leadership to the importance of diversity and inclusiveness in all that we do. Background California Assembly Bill 624 would require all foundations (30) in California with more than $250 million to prov ide annual documentation on the ethnic diversity of foundation trustees, staff, as well as grantees and vendors. While there has been widespread opposition to this Bill, it did pass the Assembly and is now awaiting action by two committees of the Californ ia Senateone which will meet next week. Staff of the Greenlining Institute of Berkeley California, author of the legislation, has met with Congressman Rangle, Chair of the House Ways and Means Committee, to encourage introduction of this legislation at the federal level. The Institute has also indicated that it intends to have this legislation introduced in New York, Pennsylvania, Florida and Texas. As Chairperson Diana Sieger wrote in her recent Memo to Members letter, we heard from Steve Gunderson at the Council on Foundations that our field must either lead or be legislated. Through our D iversity and Inclusion Initiative we have taken the position to be a leader. At the Page 2 �recent COF Summit, Congressman Becerra of California stated that Congress needs to be able to justify the $32 billion earmark that is gives for gifts to foundations. While not endorsing this California Bill, he made it clear that diversity is also a matter of class and he along with others in Congress want to know how foundations are helping the neediest. III. UPDATE on Michigan Nonprofit Corporation Act RESOLVED that CMF support HB 5681, sponsored jointly by Majority Floor Leader Steve Tobocman and Representative Bill Huizenga, to amend the Michigan Nonprofit Corporation Act to accomplish the following: • The board of directors of a nonprofit corporation would need at least three directors. Currently, the act requires "one or more" directors. Under the bill, an existing corporation would need to have at least three directors beginning 180 days after the bill's effective date. • A corporation that is a "charitable purpose corporation" could not provide loans to or guarantee an obligation of an officer or director of the corporation or a subsidiary, unless the officer or director is also a client of the corporation and the loan or guaranty is necessary to carry out the corporation's charitable purposes. • A charitable purpose corporation that is dissolved would have to provide notice of the dissolution to the attorney general within 60 days after the date of dissolution and could not dispose of any of its assets without written approval of the attorney general. Background State Goal 7 ofCMF's Legislative Goals Statement is to support revisions to the Nonprofit Charitable Act. The full revisions as proposed by a Committee of the State Bar and Michigan Nonprofit Association and CMF is more than 150 pages long. This Bill is the second - following the electronic voting issue discussed in this Board Meeting under Bylaws Amendment- in what will be a series of Bills to move the most critical updates needed. The three changes highlighted above have been identified as vital as to promote accountability in the sector. The bill has been referred to the Senate Committee on Economic Development and Regulatory Reform. IV. FEDERAL UPDATE Extension of the IRA Charitable Rollover- A CMF Priority A one-year tax extenders plan will be taken up by the House Ways and Means Conunittee during the week of May 12 and should be on the floor this month, according to Committee Chairman Charles Rangel (D-NY). The measure is likely to extend tax provisions that expired at the end of 2007, including charitable giving incentives, such as the IRA Charitable Rollover, and renewable energy tax credits which are set to expire at the end of this year. In an effort to avoid an impasse with the Senate that has previously blocked passage of the extenders, Chainnan Rangel reportedly is reconsidering which revenue raisers will be included to offset the cost of the other prOVISIOnS. A broader, two-year extenders bill, S. 2886, may be marked up in the Senate Finance Committee in the first week of June, according to Conunittee Chairman Max Baucus (D-MT). A diverse Page 3 �coalition of labor, business and nonprofit organizations wrote to House and Senate leaders urging them to expeditiously move the tax extenders package in a manner that President Bush will sign. The 113 signers ofthe letter stated, "we are troubled by the current impasse that is creating enonnous difficulties across the nation, impeding economic activity and creating confusion in personal and business affairs." Extension of the IRA Charitable Rollover was discussed with all members of the Congressional Delegation during Foundations on the Hill. Extension of the Conservation Easement- A CMF Priority Joanna Foust, Legislative Aide to Representative Dave Camp, reports that the Conservation Easement w ill be included in the new Farm Bill, now being negotiated by a Conference Committee that includes Senator Stabenow. CMF has been in contact w ith Senator Stabenow on the need for this extension. Finally, we learned at Foundation on the Hill, that 2009 will be a significant tax reform year for the federal government. We look forward to having the Government Relations Committee meet in August to discuss these issues, such as repeal of the Estate Tax, and recommend positions to take at the October Board Meeting. V. STATE UPDATE The Low Profit Limited Liability Corporation (the L3C) Act legislation will be introduced this week by Senator Jason Allen, Chair of the Commerce Committee. CMF members w ill be asked to join Rob Collier in testifying as soon as the Committee Meeting is scheduled. Similar legislation has now been passed in Vern1ont. Included as ATTACHMENT C is the Frequently Asked Questions sheet on the L3C distributed at the recent COF Summit. VI. NEWS FROM OTHER STATES Massachusetts Lawmakers have asked state finance officials to study a plan that would impose a 2.5 percent annual assessment on colleges and universities with endowments in the state over $1 billion. Legislators estimate that the assessment fee would raise approximately $1.4 b illion a year, or five percent of the state's annual budget. In support of the approach, State Senate President Therese Murray said, "Some of these institutions give very little back to their communities. With such large endowments, they should be doing more." Universities that could be subject to the annual assessment include Harvard University, Amherst College, Boston College, Boston University, Massachusetts Institute of Technology, Smith College, Tufts University, Wellesley College, and Williams College. The University of Michigan, with its endowment exceeding $7 billion, would be the largest institution in our state impacted by such a provision. With at least 22 states including Michigan anticipated to be facing budget deficits in 2009, there is likely to be other efforts to legislative revenues from the nonprofit sector. We will continue to monitor the Massachusetts effort and more, such as the property tax case dealing with a day care center in Minnesota. Page 4 �Attachment CMF Council of Michigan Founaations ~rvong gnmtmoun.Adwn<ing giVIng CAPITOL HILL VISITS VITALLY IMPORTANT, SAY CONGRESSMEN & STAFF It's been more chan a month since the legislative aides and rhe Council on CounCil of Mich1gan Foundauons (CMF) led Foundauons. a delegation of membe~ from around the scare to Washingcon D.C. as part of Foundations on the H1ll and the 1mpact of chose meetings w1th fedeml lawmakers is mil resonating. "The 35 firsr-nme and vt>teran Foundauons on the Hdl participants from Michigan made up the largest contingent of che 290 foundauon represenrauves from 35 scares and the Disrri([ of Columb1a who participated in chis year's event," says Collier. ''Th1s shows an incredible commirmem by our members m gee our message across co Congress." COF Pres1denr and CEO Steve GunJer~on, who welcomed CMF members ro the Hdl \'ISit durmg an onemauon session at The Smorhs.omon National Museum of the "It was 1mporcanr w hear from Ml(higan's foundation leaders how profoundly 1mporcam vanous (pend1ng) leg1slat1on IS co them and American lnd1an, says CMF members "are cons1scenrly one of rhc strongest vo1ct:s heard on the Hill. for me ro learn about how their work is 'The (M1ch1gan foundauon) connngenc IS help1ng our state especially in these uoubled always among rhe rop 1n terms of be1ng times," says U.S. Scnaror Carl Lcvm (0-Ml). "As I calk co my fe II ow senacors I share chat information with them . . . and 1 believe 1t really makes a difference," says ~vin "W•thout chose (CMF) ~!Sits lase month I wouldn't be as mformed as I needed co be. prepared. shanng the1r rhoughrs and advocaong for pro-phlldnthropy leglslacioo," says rhe former 16-cerm Wiscons1n congressman. "We hear chat wherever we go. That's a crcdl( co CMF and 1ts members." Several longressional leaders say they were They prov1de me wllh the information to impressed by rhe passion char CMF members make my case." showed 1n presenting the•r case on ~everal bills on whiCh they w11l soon vote. Th1s yedr's two-day SOJOUrn co the H11l March 4-5 -led by CMF President and Rep. Dave Camp, (R-Disrricc 4), adds, "I CEO Robert S. Collier- marked rhe 30th Strongly support the work of the foundanon annual rnp by M1ch1gan foundatiOn commun1ty m Mich1gan and my staff needed leade~ and staff. to hear the messages char CMF and the1r lc is Coll ier"s and CMF's ongoing professional relationship with many of Mich1gan's 17 U.S. senators and representatives chat helped open che door for one-on-one meermgs berwecn the CMF group and rhe elecred offic1als, according w several congressional members brought to che H1ll last month. Ir is 1mponanr work ...and we need strong legislanon ro support IL lm glad we got m hear from our Mich1gan ph1lamhrop1StS lr's rmporranr char we did." ~ontinu.ed 011 page 3 �CMF Council of Michigan Foundations Foundations on the Hill 2008 Participant Roster Serving grantmake,, Athonclng giving. Cindy Allison V ice President Comerica Bank 411 W Lafayette MC 3462 Detroit, Ml 48226-3120 313-222-7091 CCAIIison@comerica.com Caro lyn A. Bloodworth SecretaryIT reasu rer Consumers Energy Foundation One Energy Plaza Dr Room EP8-2l 0 Jackson, MI 49201-2276 517-788-0432 cbloodworth@cmsenergy.com David 0. Egner President Hudson-Webber Foundation 333 W Fort St Suite 1310 Detroit, MI 48226-3149 313-963-7777 degner@hudson-webber.org Robin D. Ferriby Vice President Philanthropic Services Community Foundation for Southeast M ichigan 333 W Fort St Suite 2010 Detroit, M I 48226-3 134 313-961-6675 rferriby@cfsem.org Sheri A. Brady Director of Public Policy W.K. Kellogg Foundation I M ichigan Ave E Battle Creek, M l 49017-4005 269-969-2032 shcri.brady@wkkf.org Jodee Fishman Raines Executive Director The Jewish Fund 6735 Telegraph Road P.O. Box 2030 Bloomfield Hills, Ml 48301-3 14 1 248-203-1487 raines@jfmd.org C. David Campbell President McGregor Fund 333 W Fort St Ste 2090 Detroit, MI 48226-3 134 3 13-963-3495 dave@mcgregorfund.org Russell L. Gabier Secretary/Trustee Irving S. Gilmore Foundation 251 6 Frederick Avenue Kalamazoo, MI 49008-2 148 269-342-64 1 l russell.gabier@wmich.edu RobertS. Collier President & CEO Council ofMichigan Foundations I S Harbor Dr Ste 3 Grand Haven, Ml 494 17- 1385 616-842-7080 rcollier@michiganfoundations.org Susan Gainer Admin. Assistant/Accountant Four County Community Foundation 79700 McFadden Rd Armada, M T 48005 81 0-798-0909 susan@4ccf.org Deborah I. Dingell Vice Chair General Motors Foundation 5208 Royal Vale Lane Dearborn, MI 48 126 202-775-5068 debbie.dingell@gm.com Michael B. Gallagher Editorial Consultant Council of Michigan Foundations PO Box 1154 6417 Destin Court Saugatuck, MT 49453 269-978-7024 cmfmichael@aol.com �Foundations on the Hill 2008 Participant Roster Carol A. Goss President and CEO The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1185 cgoss@skillman.org Danielle Olekszyk Chief Financial Officer& Treasurer The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1178 dolekszyk@skillman.org William Hanson Director of Communications & Tech. The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1163 whanson@skillman.org Carol Paine-McGovern President Paine Family Foundation 2445 Hall Street SE Grand Rapids, MI 49506-3504 616-285-0409 painemcgov@aol.com Brenda L. Hunt President & CEO Battle Creek Community Foundation One Riverwalk Ctr 34 W Jackson Street Battle Creek, MI 49017-3542 269-962-2181 brenda@bccfoundation.org Andrew C. Richner Member Clark Hill PLC 500 Woodward Ave Ste 3500 Detroit, MI 48226-3485 313-965-853 1 arichner@clarkhill.com Jaclyn Miei-Uken Public Policy Fellow Council of Michigan Foundations I S Harbor Dr Ste 3 Grand Haven, MI 49417-1385 616-842-7080 jmiel-uken@michiganfoundations.org Mariam C. Noland President Community Foundation for Southeast Michigan 333 W Fort St Suite 2010 Detroit, MI 48226-31 34 313-961-6675 mnoland@cfsem.org Colleen Ochoa Peters Director Philanthropic Services Community Foundation for Southeast Michigan 333 W Fort St Suite 2010 Detroit, MI 48226-3134 313-961-6675 cpeters@cfsem.org Kimberly Roberson Program Officer Charles Stewatt Mott Foundation 503 S Saginaw St Ste 1200 Mott Foundation Bui lding Flint, MI 48502-1807 810-238-565 1 kroberson@mott.org Vicki J. Rosenberg VP Education, Corrun. & External Relations Council of Michigan Foundations I S Harbor Dr Ste 3 Grand Haven, MI 4941 7-1385 616-842-7080 vrosenberg@michiganfoundations.org Colette Royal Kalamazoo Community Foundation 151 S Rose St Suite 332 Kalamazoo, MI 49007-4773 269-381-4416 �Foundations on the Hill 2008 Participant Roster Gloria Z. Royal Vice President Marketing Communications Kalamazoo Community Foundation 151 S Rose St Suite 332 Kalamazoo, MI 49007-4773 269-381-4416 groya1@kalfound.org Diane Thompson Executive Director The Miller Foundation 310 WahWahTaySee Way Battle Creek, MI 49015-4065 269-964-3542 dthompson@millerfdn.org Frederick Shell President DTE Energy Foundation 2000 Second Ave 2386 WCB Detroit, MI 48226-1203 313-235-8821 shellf@dteenergy.com Michael P. VanBuren Communications Manager W.K. Kellogg Foundation I M ichigan Ave E Battle Creek, MI 490 17-4005 269-969-2146 mpv@wkkf.org Diana R. Sieger President Grand Rapids Community Foundation 161 Ottawa Ave NW Ste 209C Grand Rapids, MI 49503-2757 616-454-1751 dsieger@grfoundation.org K yle Swanson Y AC Member/MCFYP Committee Tuscola County Community Foundation 4250 Robinson Road Cass City, MI 48726 989-658-8690 kswanson07@hotmail.com Duane L. Tarnacki Member Clark Hill PLC 500 Woodward Ave Suite 3500 Detroit, MI 48226-3485 313-965-8264 dtarnacki@clarkhill.com Jenee L. Velasquez Executive Director Herbert H. and Grace A. Dow Foundation 1018 W Main St Midland, MI 48640-4264 989-631-3699 j enee@hhdowfoundati on.org Lawrence H. Wallach Executive Director Michigan Masonic Charitable Foundation 1200 Wright Ave Alma, MI 48801-11 33 800-994-7400 lwallach@masonicpathways.com Steven Webster Trustee Capital Region Community Foundation 484 Administration Building Michigan State University East Lansing, MI 48823 517-353-9000 websters@msu.edu �Attachment c The L3C the for profit with a nonprofit soul FAQs about L3Cs 1. What is an L3C? An L3C is a low-profit limited liability company, which is simply a variant form of the popular LLC (limited liability company). The LLC is an organization that combines the best features of a partnership (flexibility, ease of organization, and simplified taxation) with the best features of a corporation (liability protection and easier transferability of ownership.) The L3C variant is the brand name for the first viable hybrid structure that links business methods with charitable purposes in a for-profit entity organized to engage in socially beneficial activities. Because L3Cs are a variant of the LLC, they offer instant credibility--a legal and commercial comfort level--that stems from the successful experience investors, suppliers, and consumers have had with LLCs over the last generation. I 2. Are any L3Cs already in operation? Yes, Just two. On April30, 2008 Jim Douglas the Governor of Vermont signed H.775 the first bill in the world authorizing organization as an L3C. Other bills that would make the L3C a reality are currently being considered in a diverse group of state legislatures. Since Vermont has passed legislation authorizing creation of L3Cs, they may be created in that state, and may operate anywhere much as one often incorporates a corporation in Delaware and operates it elsewhere. The first two L3Cs established are L3C Advisors L3C and the second is Non-Profit Investors, L3C formed by a gentleman in Vermont named Nathan Freeman. L3C Advisors L3C was organized by Robert Lang and will include other L3C supporters who have organized it for the purpose of facilitation and assistance in forming L3Cs. 3. How does an L3C differ from a nonprofit charitable organization and how does it differ from a for-profit business? An L3C is run in most ways like a regular business, and may enjoy profits if successful. Its managers need not worry about the unrelated business income tax that applies to charitable organizations, nor that the organization might lose its exempt status because its operations are too commercial. But �The L3 C the for profit with a nonprofit soul unlike a for-profit business, the ultimate aim of the L3C is not to make a profit, but to achieve socially beneficial purposes. The L3C thus occupies a unique niche between the for-profit and charitable sectors. 4. Can you provide examples of the sort of enterprise that might be organized as an L3C? L3Cs would typically involve businesses that serve socially beneficial purposes, and have some economic viability, but which would have difficulty attracting capital because of high risk, low return, or both. A few examples: 1) A hotel planned for a deteriorating central business district would have some ability to generate revenue, but not enough, perhaps, to attract sufficient capital to begin operations. 2) Historic buildings could perhaps be saved, and turned into office and retail property, but the costs of renovation may be so steep that the projected rents cannot support market-rate debt incurred to finance those renovations. 3) A factory that has been the primary employer for much of a town's work force may need to replace obsolete equipment at great cost, leading its owners to explore relocation of manufacturing operations to a lower-cost foreign jurisdiction. In all of these situations, an L3C might be created to undertake the low-return, high-risk business activity involved in these situations, with a view to combating economic deterioration, destruction of historic property, or job loss. 5. But "low-profit" doesn't sound very appealing for investon. How will L3Cs attract the capital they need? This is the key element in this innovative business vehicle. It is expected that at least two and possibly three tiers of capital will be involved in an L3C. First, a junior tier of capital (the capital most at risk in the enterprise) would be provided by foundations in the form of "program related investments" (PRis). PRis are investments that may involve high risk, low return, or both, which are made despite those disadvantages because they are intended to achieve charitable purposes. Under the fede ral tax laws, private foundations must distribute five percent of their capital each year for charitable purposes. Usually, foundations do this by making grants. However, foundations are permitted to make PRis instead, and to count funds so invested in determining compliance with the five-percent requirement. Despite the availability of this opportunity, few foundations make significant investments of this sort, in large part because of the difficulty and expense of being sure that any particular proposed investment would qualify as a PRJ. Because the L3C vehicle is especially created to receive PRis, it is reasonable to hope that the PRI approval process can be streamlined. The foundations holding PRis in an L3C would have the last claim on the assets of the enterprise ) �The L3 C the for profit with a nonprofit soul upon dissolution, and would accept as well a rate of return that would be below the market rate. This tier of capital would, by absorbing risk and making only very modest claims on profits, provide a base that would make the more senior tiers in the capital structure less risky, and more profitable. The most senior tier of capital would be provided by investors that need to generate market rates of return, but that nevertheless would like to invest in projects that provide tangible social benefits. With the PRI capital in place, market rates of return, at acceptably low risk, can be promised to investors of this sort, such as pension funds, community banks- indeed, nearly any sort of socially conscious investor. Perhaps the most interesting tier in the capital structure of an L3C is a potential intermediate tier, between the somewhat risky, low-return PRI, and the market risk-and-return senior tier. The investors participating at this "mezzanine" level would be ones whose notion of return is broader than that of the capitalist who considers only the level of risk and the rate of return. This type of investor is willing to accept some of its return in the form of enhanced social welfare. This group of investors would be junior to the market-rate tier of capital, but senior to the private foundation PRI-generated capital. ( 6. How would an L3C be taxed? In the same way as an LLC is taxed, which in turn resembles the manner by which a partnership is taxed. No federal income tax is imposed on the entity itself. Instead, items of income and expense are allocated among the members of the L3C, and reported on their returns as the income is earned. It is important to note that, although the L3C serves charitable ends, it is not exempt from taxation. Though L3C s by their nature begin as enterprises that are expected to generate low overall profits, if those businesses exceed expectations, the profits generated would be exposed to taxation at whatever rates of tax would apply to their investors. �·- - - - - - - - --- The L3 C is a project of The Mary Elizabeth & Gordon B. MANNWEilER FOUNDATION INC. PO Box 361. Cross River. New York 10518 Contact : Robert M . Lang Jr .• CEO 9 14-248-8779 rlang@fabriquecosmet ique.com We leverage our resources to support alUi expand the breadth, reach, and selfsuffi.Ciency ofthe socially beneficial sector and the resources available to achiCIIe socially beneficial results. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book government relations committee report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book government relations committee report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50729 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/46f5d4d0634c2c3be50810c4cd9aa07b.pdf 58f940d58eac1a2dfe515e0f7b5cd68c PDF Text Text CMF Councilof Michigan Fou ncfat ions Serving grantmakers. Advancing giving. May 11,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Vicki Rosenberg, Vice President, Education, Communications External Relations Cc: Carol Goss, Chairperson, Governance Committee, and Chair Advisory Committee Re: Transforming Michigan Philanthropy Through Diversity & Inclusion This Memo highlights progress made since the Board of Trustee's February 2008 approval of the five-year Transforming Michigan Philanthropy Through Diversity & Inclusion Initiative. The Transforming Michigan Initiative is supported by a lead grant of $150,000 from The Kresge Foundation and $150,000 in in-kind consulting services from the Diversity in Philanthropy Project (DPP). Requests are pending or have been invited by The C.S. Mott Foundation ($150,000 Year One); Arcus Foundation ($150,000 over two years); The Skillman Foundation ($35,000 Year One); and W.K. Kellogg Foundation (specifics in discussion). Highlights of First Quarter Accomplishments Objective 1: For CMF to become a model regional association and national resource. • Creation of internal staff team • Launch of Demographic Survey by Community Research Institute (CRI), Johnson Center ATTACHMENT A is the letter introducing the Survey sent by Diana Sieger and Rob Collier • Advisory Committee invitations extended with first meeting scheduled June 25, 2008 • 5-year research and evaluation plan - Logic Model included as A ITACHMENT B completed by CRI and work begun to design baseline data collection tools. • External communications begun: 1. spring 2008 Memo to Members Chair's letter and article on CMF/DPP partnershipAITACHMENT C; 2. CMF/DPP partnership announced in DPP brochure distributed at Council on Foundations (COF) Summit and during diversity sessions; 3. report on five-year initiative made to COF Committee on Inclusion by member Vicki Rosenberg; 4 . session approved for Forum of Regional Associations 2008 summer conference Objective 2: To increase members awareness, understanding and action • Invitations extended for June 25 CEO Focus Group on Deep Diversity and Gender Equity facilitated by Mary Ellen Capek, DPP consultant and author • Marketing begun for July 9 CMF-AIIiance for Nonprofit Management (ANM) co-sponsored Cultural Competency Institute for Grantmakers in Dearborn • Plenary session and Race Matters Workshop in development for 36111 Annual Conference • Planning underway for Fall 2008 Knowledge Symposium through CMF/DPP partnership We look forward to discussing this Update with you at the Board Meeting. �1uaacnment J CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. Board of Tru>tees April 25, 2008 0 1ana R S1eger, Chatr Grand Rap.ds Commuruty Found.ouon Fl,zabtth A Chtr1n, Vtte Ch.n; COtiUIUirury Fofllftd.llolfJ Fremom Am Community 1-oundauon Melcwue 8 Cola.annr, VtcrCA.t~ C.,.,11k PhtllrtthroJ? MASCO CcxporatJOn FoundatiOn Betsy L'pton Sc:ovtr, Vur Cl..rr F. .Jiy F,.,J,ttnJ Fre:lnack S Up1on Foundauon Amando Van Dw<n, S....ury Mllltr, Canli<ld, Poddock and Sum<. PL.C PhaUJp H Perers. TI'MI.Iim Chulrs Stf'Walt Mort Foundauon Mr. James Acheson President James C. Acheson Foundation 600 Fort St Ste I 0 I Port Huron, MI 48060-3930 Re: Participation in a Demographic Survey of Michigan Foundations Dear James: R~rt S Collier, Pruukltt Councal of M1Ch1pn foundauoos Susa.n K Broman Sreelcne Fou.ndauon Cuoh.. E Oumb<n ComerJCI ChuJtable FoundatiOn John Colma Colma Foundauon Thomas 8 Cook Cook Famaly Foundauoo Davad 0 Egner Hudson-Wrbber Found.ouon Rev. J Loud Friton Kalamazoo Commun1ty Foundauon RUSS<II L Goho<r lrvtng S G.Jmon: Foundauon Allaft 0 Golmour Commumry Foundauon for Southeasr M1ch•gan Carol A Coos Tile Skillman Foundauon Wosl<y H Maunr.Jr Maclull&C bland Commumcy Fou.ndataon Russell G Mawby CMF AdvoJO<)I Cab.n<t Rachtl P Mnu Ealccn and Bni.n DeVnts Family foundauon Oa•od K Page Th< J<wosh Fund Carol Palnr·Mc('JO\"'f'm Pa1ne: Fam1ly Foundauon Thomas S Porter Pone:r fa.m•ly Foundat1on Dav1d S Stbastll.n 11lt St:bu:uao Foundauon The Community Research Institute (CRI) at T he Johnson Center for Philanthropy, Grand Valley State University, will be sending you in the next few weeks a survey on the demographic makeup of your foundation ' s staff and/or trustees. This survey is part of a national effort piloted in California by the New York based Foundation Center earlier this year. The survey will be administered next in New York and other regions of the country later this year. The Council of Michigan Foundat ions (CMF) has commissioned the Michigan survey to contribute to the development of national data on charitable foundations and for our five-year initiative, Transforming Michigan Philanthropy through Diversity und Inclusion, approved by the ~oard of Trustees in February 2008 and supported by a lead grant from The Kresge Foundation. Foundation demographics have become a focus of philanthropic research in response to scrutiny by Congress and the media and efforts such as those of the California based Green lining Institute to introduce legislation requiring foundations to document the diversity of their board, staff and grantees. While we do not anticipate such legislation being introduced in Michigan, we need up-todate information on trustee and staff demographics and current diversity policies in order to respond to questions. Please be assured that all individual foundation data will be kept strictly confidential by CRI. Please contact Vicki Rosenberg, vice president education, communications and external relations at 616.842.7080 or vrosenberg@michiganfoundations.org with any questions about this important Survey. We thank you in advance for helping us collect this important data. Gerold K Smoth Dc:uo1t Youdl Foun<bnon Slerhns; K Spe•m W K Kellogg foundauon Sincerely, Mugarer E Thomrsoo Har-ry A and Marsll!c-t D Tow:ilc-y foundat100 Omsua.n A Vc-luqua Midland Area Communuy FoundatiOn Diana Sieger Chairperson Robert Collier President & CEO Dan•<I J Wyom E.lw>nl Low< Foundtt.oo Lloyd J Yeo cc: Dr. Mary McDonald, director, Community Research Institute Wicksoa·Lmk MemO<oal Foundtuon Maio Office: On~ South H arbor llv~. Suor~ 3, Grand Hav~n. MI 49417 p 616.842.7080 f 616.842 1760 Sourheas r Mi chigan Office: I 00 Talon C~mre Drove, Suite I 50, Detroit, MI 48207 p 313.566.2444 ( 3 13 566.244 5 www. m1chigaofoundatoons.org �Attachment C p-rom the Board Chairperson and President OPTIMISM NOT foreclosure and education reform at A(hltving M1(higan's Transformation, CMF's ON HOLIDAY thetr annual retreat. 36th Annual Conference on October 12-14, Desptte a recent headlme in The New York Timer, optim tsm tS altve 2008 10 Grand / On March 20, our Annual Conference Committee selected 38 fabulous sessions for Achieving Michigan's Transformation, CM F's 36th Annual Conference on October 12-14, 2008 in Grand Rapids. and well10 RobColher CMF President th10k about what's in store this fall, I can't help bm say ·wow•· Michtgan - fueled in part by the Raptds. When 1 More than 200 guesrs jo10ed 20 members And, tf you're looking for or her reasons to parmerships Michigan grantmakers have for a spimed d ialogue on how ro engage be optimistic, visit michiganfoundacions.org with nonproflrs, school systems and experienced, older adults in revitalizing and read about the many contributions local government. M1ch1gan and create an "Encore Economy" of CMF members around Michigan and the My opumlSm recently recetved three boosts: Communny foundation CEOs shared wHh author Marc Freedman at an event exceptional activities and events planned for sponsored by CMF and the EngAGEment spn ng and summer. lnittattve of Gran croakers 10 Aging. innovartve ways their foundations are tackling rough issues like housing On March 20, our Annual Conference Committee selected 38 fablllolls sessions for 2 All of us at CMF send Happy Spring wishes, ()a Memo ro Members �[. Diversity & Inclusion CMF AND DIVERSITY IN PHILANTHROPY PROJECT FORGE PARTNERSHIP FOR DIVERSITY AND EFFECTIVENESS The Counc1l of M ichigan Foundations findmgs on the link between divers1ry a11d Gendn· Equably, co engage Michigan (CMF) and the DiverSity 1n Philanthropy md foundatJon effecuveness,'' sa1d Ramos. leadersh1p on rhe CMF Pres1denr and CEO RobertS. Collter Designmg and testing prcxesses for ProJeCt (DPP) have formed a spec1al parcner;hip ro develop new knowledge, is equally exCited about this opporruniry. tools and support for increasmg diversity and inclus1ve pracnce among foundauons "In March 2008. Henry and I discus~d che in M1chigan and the nation. partnership with the CEOs of 31 regional .ISsooarions of grantmakers who, together Th1s partnership IS part of a larger five-year inmanve CMF has undertaken called Trm/Jforming M1rh1gan Through with CMF, serve more than 4,000 foundations across rhe U.S.," said Collier. 1s~ue idenufymg and d1ssemmaung "gold standard" d1vers1ty resources such as a rticles, consultants, self-assessment tools and other resources • A Knowledge Symposium m Fall 2008 ro ident~fy factors needed to budd and sustam a diVe~ D111tr1if) & lrubmon- funded mitially by a $150,000 grant from T he Kresge Fo u nd a tion . DPP IS a three-year, natiOnal mlttauve inmaced by Roberr K. (Bob) Ross, president and IOcfUSIVe f I am excited about our partnership with CMF and the research we will undertake to track and report foundation performance on diversity measures as well as share our findings on the link between diversity and foundation effectiveness. and CEO of the Cahforrua Endowment and othtr field leaders. lr is a voluntary 101t1at1ve of more chan 30 leading foundation trustees, senJor staff and philanthropy network executives comm1cted ro mcreasmg rhe d1vers1ry of foundation boards, staff and grantmakmg through open d1alogue and strategiC acr1on. Among ItS supporters are the W .K . K ellogg Fo und ation and the - He nryAJ. Ramos "The field s~ms potsed to cake aCtiOn on DPP Js led by 01recror H enry A.J. Ramos Anna-Nanmc S. Pond and )ess1ca Bearman, who are working closely With C MFs pannership leader Fo undation , and CMF trustee Carol Goss, prestdenr of The Skillman Fou ndation and cha1r of CMFs Governance Commmee pa~s1ng tts first resolution in (servi ng as the advisory committee for the 2002," he added. "And the board o~.nd I are rewy overall fi,·e-year inmauve) share Coll1er's J.nd eager to work wnh DPP on the and Ramos' enrhus1asm. development and teSting of tools, resources and models." "Om member foundatiOns recognize the unique and important leadership role CMF T he pannersh1p will bu1ld on each p lays w1rhm che field natiOnally," sa1d organization's respecnve strengths. DPP Sieger. "The enrire board Js betund CMF's prov1des a centralized source of expertise on work and 1s grareful tO Bob Ross, Henry an unusually broad range of divers1ry and Ramos and his rearn for mclusion issues. CMF provides a strategic sewng and commitment tO apply that experr1se 10 a scare recogn1zed for Hs innovation and leadership for effective foundation prac[Jce. the~r leadership." For mort mformauon abour rbt /it-t·)tl1r Tramfunmng /'.lichigan Through Du~rmy and lnrlus10n ini1tat1Vt!, viiit the Projeas and Col/abora11ons aru of mtchJganf6uMIIOm.org, or rontan v1ce president Over rhe next 18 monrhs, the CMF-DP P Vicki Rosenberg al 6/6.842.7080 Qr of educanon, partnership w.Il focus on producmg new t'f"OSCibtrg<S michigan[o11nd:trions.or,.. commurucations & external relatiOns. "I am excited .thout our parcnership with knowledge and related tools and resources through three pri ma ry activities: CMF and rhe research we w1ll undertake ro A CEO Focus Group on June 25, 2008 :rack and report foundation performance on with Mary Ellen Capek, co-amhor of diversitY measures as well as share our E.fltctit't! Philanthropy through D«P Dit't!mty rn 1ch 1ganfoundations.org the Grand R apids Communiry Board of Trustees has supported smce VJck1 Rosenberg, Henry AJ. Ramos G'-fF Ch~1r D1ana Sieger, pres1dent of d1versity and inclusion, an issue the CMF Charles Stewa rt Mo rt Fo u ndation . and a team of expert consultants including foundation 5 Memo ro Members � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Governance-Committee Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book governance committee Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book governance committee. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50728 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/2fef7045c1ec11699a8e7ad420bfe604.pdf 6e2a1c796c41b637e101d48bb00a3d6f PDF Text Text Michigan's Foreclosure Crisis Briefing How Foundations Can Assist Families & Preserve Neighborhoods June 4, 2008 - 10:00 a.m. to 2:30p.m. Michigan Room, George W. Romney Building, Lansing A mortgage crisis is sweeping the nation and in Michigan the problem is even more complex. Over 200,000 Michigan homeowners have subprime mortgages and it's predicted that one-third of these borrowers will lose their homes to foreclosure. Our state has experienced several years of economic downturn including high unemp loyment and depressed home values. Foreclosure's related problems of fami ly upheaval, neighborhood blight and crime have only added to our economic stresses and challenged our community wellbeing. Join us for an educational briefing to examine this crisis from multiple perspectives and discuss opportunities for foundations to assist families and preserve neighborhoods. PRESENTERS & PERSPECTIVES Current knowledge on the extent of Michigan foreclosures and their ripple effects Shelby Chartkoff, senior researcher, Community Research Institute, The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership at Grand Valley State University Lessons from around the nation and the likely federal response George McCarthy, senior program officer, Ford Foundation The state's legislative response Mary Townley, director, Homeownership Division, Michigan State Housing Development Authority What lenders are lvilling to do Byna Elliott, vice president of community relations, Fifth Third Foundation Rural, urban and national foundation responses Jeff Jahr, senior program officer, Fremont Area Community Foundation Wendy Lewis Jackson, program officer, The Kresge Foundation This event is co-sponsored by CMF and the Neighborhood Funders Group. WHO SHOULD ATTEND This event is open to staff and trustees of foundations and corporate giving programs only. COST & REGISTRATION CMF members: $20 Nonmembers: $30 Three ways to register: I. Log-in and register at michiganfoundations.org - Recommended! 2. E-mail registrar@michiganfoundations.org 3. Ca11616.842.7080 Registration deadline: May 30, 2008 Cancellations will be accepted until May 30, 2008, after which there will be no refunds. MORE INFORMATION For more information, contact Jaclyn Miel-Uken. This event is co-sponsored by CMF and the Neighborhood Funders Group. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Foreclosure-Crisis-Briefing Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book foreclosure crisis briefing Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book foreclosure crisis briefing. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50727 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/b656cd2fa08f0333fb1372c042031d3b.pdf 1bf7ee0f91b943383d11a4ca205aa7db PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Audit Committee Chair David Lindberg RE: CMF March 31, 2008 & 2007 Audit Report The following Resolution is presented for approval. RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. Because the Board Meeting is early this year, the audit report will be delivered at the CMF Board meeting with a copy sent to all board members following the meeting. Differences between Internal Statements and Audited Statements Due to the multi-year grant commitments received from Kellogg for their additional membership dues and Skillman for the Detroit office we will have a difference between the internal and audited statements for CMF Core Operations until both of these grants end. The accounting rules require multi-year grants to be booked as revenue in the year the grant commitment was made, even though the revenue supports future year activities. Grant Kellogg Additional Member Contribution ($750,000 for 2005-06 to 2009-2010) Skillman Detroit Office Support ($75,000 2006-07 to 2008-09) Additional Revenue Booked Per Internal Statements $150,000 25,000 For audit report purposes the total amount of both grants were booked as revenue in 2005-06. �Combined Statement of Financial Position Cash The decrease from the prior year is due to the reduction in cash held for special projects, primarily the Early Childhood Investment Corporation and Access to Recreation grants from the W.K. Kellogg Foundation. Investments The establishment of the CMF Core Services Endowment Fund increased investments by $600,000 for 2007-08, but was offset by the negative investment earnings for the same period. Grants Receivable The decrease from the prior year is due primarily to the balances remaining on the following grants that were awarded in 2006-07. Grant Access to Recreation Early Childhood Investment Corporation A/R 3-31-08 $ 1,475,000 2,950,000 AIR 3-31-07 $7,285,000 4,250,000 (a!, Grants Payable $ 1,300,000 of the increase is due to an outstanding grant due to the Early Childhood Investment Corporation. Other Liabilities The increase from the prior year is due to the 2008-09 membership dues collected prior to April I , 2008. Net Assets- Unrestricted- CMF C ore Services Endowment Fund This fund was set up in May 2007. Net Assets- Temporarily Restricted The decrease from the prior year is due to reduction in balances of the following special projects. Grant Access to Recreation Early Childhood Investment Corporation KYIP (Kellogg Youth Initiative Project) Learning to Give support for The LEAGUE Balance 3-31-08 $4,696,685 3,060,500 4,741 ,580 725,000 Balance 3-31-07 $ 10,954,694 4,213,907 6,456,130 1,381,250 �Combined Statement of Activities Grant Support The decrease from the prior year is primarily due to the following grants that were awarded in 2006-07: Access to Recreation Early Childhood Investment Corporation $14,767,161 6,339,775 Publications- Expense The decrease from the prior year is due to The Michigan Foundation Directory which is produced every other year. Professional Fees The increase is due to the Government Perfonnance Improvement Initiative (GPII) which is new in 2007-08. �CMF Endowment Fu nds Consolidated Statement of Act ivities and Cha nges in Net Assets 4 -1-07 to 3-31-08 Endowment Funds Russell G. Johns on Allen Maw by M aw by Fund Educational Fund Fund For Kids Fund Rev enues Spendable Income Membership Investment Additional Member Contributions 8,300 $ 67.900 $ 38,800 $ 46 ,200 MCFYP Rie cke r hchnology Richardson Public Inves t. Endowment Fund Fund Policy Education ' ' 330,400 Comm Fdn 52.300 ' 52,700 $ 22.600 ' 21,000 Re itz $ 2.600 CMF Core Endow. ' 17,474 Conference Income 34,196 Program(Admin Expenses w ages & Benefits Occupancy TelephOne Equipment l ease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Dues & Sponsorship Books & Subscriptions (1 .972) 17,065 (9.729) (9.888) (85,818) (13.944) (12.831) 6.328 52.1 35 29.071 36.312 302,752 57.006 39,869 "' 22.703 19 3,722 5.175 4 5,782 79 96 4 33 16 S4 88 166 574 900 1,000 18.1 00 600 1,144 2,700 61 180 CommunicationsiPublications Professional Services 2.690 15,973 Travel Training & Seminars Conference & Meeting 5,855 16 Total Program/Ad m in 8,220 GRANTS Challenge Grants Mini-Grants Computer Grants Other G rants 5,737 5.474 3,399 5 1,508 4.976) 17.824 (3,852) 17,148 (524) 2.076 (24,349) 24,349 10,000 291 1,286 1,061 2 5,657 (862) 1,896 70 565 9,047 3,440 29,832 25,060 269,100 Budget 6 .500 36,124 1.300 34.196 18.650 1,300 Investment Income Total Revenues 12 Month ~ To tal 643.000 6,500 Other Grants Publications & library Services Other Income 643,000 11.300 81,400 ( 184.948) 536.172 735 .700 277.402 340.000 291 235 1.461 176 1,755 45 39 5,828 1.688 890 41.450 49,601 3,945 1,965 727 52 ,700 7.583 2,000 669 800 1,143 2, 100 3.799 22.400 12,100 7 .100 225 600 10,162 3.790 56,758 26,300 113,000 250 588 22,313 17.944 76,577 21,000 4 84.772 14.900 132,200 680,700 12.500 63,800 53,300 76,300 55.000 29,600 1,700 12.500 15,000 15,000 Total G rants Excess Revenues O ver Expenditures Beginning Net A sset s Transfer from Other Funds Ex cess Revenues over Ex penditures Ending Net A ssets Community Foundation E ndowment (1 ,892) 2 12,485 10.192 $202,293 S:\Finance\Finandat Statements\07-08\CM F FS 3-31-08 (1 4.373) 1,819,686 (82 ;73) $ 1,737,4 13 46,200 46,200 4 .011 1,044 ,771 34.789 $ 1.009,982 (9 .888) 1,207,662 (56.~88) $1 .151 ,574 2.600 12.500 33,652 7.405 (12 ,831) 8.877,491 1,425.335 1.436,583 296,748 $8.580,743 (44.~95) $ 1,380.440 65,;31) $ 1.371,052 (2.2 59) 2.600 (3,852) (524) 568.371 456,336 56.959 (25.~59) (24,~52) (3,;24 $543.312 $4 31,484 $53.835 (24,349) (24.900) 17,105.679 600,000 24,349 $575,651 17,105,679 600.000 667.900 17.037.779 ~ �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-07 to 3-31-08 12 Month Budget 2007-08 Revenues Membership Investment Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues Program/Admin Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixed Assets Overhead Allocation to Spec Projects Total Program/Admin 12 Month Actual 2007-08 $ 1,002,000 190,000 25,000 657,000 24,000 6,000 105,000 2,009,000 951,375 165,960 23,247 547,429 28,143 6,695 146,902 1,869,751 Note 1 Note 2 1,000,000 68,000 17,000 4,000 25,000 30,000 6,000 976,084 67,227 12,681 3,728 13,369 32,718 4,178 Note 5 75,000 32,000 6,000 104,000 39,000 57,000 13,000 537,000 57,060 31 ,819 4,224 85,569 42,681 46,283 7,003 476,942 Note 7 (4,000) 2,009,000 (1 ,300) 1,860,266 $ Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 Excess Revenues Over Expenditures 0 9,485 Beginning Net Assets CHANGE IN FUND BALANCE Transfers from Other Funds Ending Net Assets S:\Finance\Financial Statements\07-08\CMF FS 3-31..08 1,815,112 0 1,815,112 1,815,112 9,485 (600,000) $1,224,597 Note 3 Note 4 Note 6 Note 8 Note 9 Note 3 �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Rachel Mraz, CMF Trustee and Investment Committee Member and David R. Lindberg, Vice President Finance & Administration Re: March 31, 2008, Investment Report The following Resolution is presented for consideration: RESOLVED that the March 31, 2008, Investment Report be accepted as presented. On a quarterly basis, the combined Investment Committees for the Council of Michigan Foundations (CMF), Midwest Community Foundations' Ventures (MCFV), Learning to Give (LTG) and the Michigan AIDS Fund (MAF), meet to review the investment performance for the operating and permanent endowment funds. New Business On May 16, 2008, the Investment Committee will meet to review and approve the enclosed reports. Since the last CMF Board meeting, the Investment Committee has continued to explore other real estate investment options with a focus on more globally based funds that would provide greater diversification in this category. Alternative vs. Standard Allocation Investment Pools With the addition of the TIFF and Commonfund alternative products, the CMF Endowment Pool now has standard and alternative asset allocation pools. The standard allocation pool is rebalanced on a quarterly basis back to the targeted asset allocation noted in the attached report. The TIFF investment product rebalancing is handled by TIFF. The combined allocation of the standard and alternative allocation pools will be monitored on a quarterly basis by the Investment Committee with adjustments between the two pools being made as the committee deems appropriate. The combined investment return for the CMF Standard and Alternative Pools will be calculated as the various periods become available. The enclosed Investment Report is presented in two sections. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Investment Report 3-31-08.doc �Investment Report Page 2 Investment Perfor mance Report & Asset Allocation The benchmark is based on the targeted asset allocation noted in the attached report using the following return information: Asset Class S&P 500 S&P 400 S&P 600 EAFE FTSE NAREIT Equity Index Lehman Bros. Aggregate Allocation 37.0% 9.0% 6.0% 13.0% 5.0% 30.0% Investment Performance Comparison Report In addition to the Cambridge & Associates, Inc. pool of colleges, universities, and foundations, the committee has recently added the TIFF Multi-Asset fund for comparative purposes. The TIFF product is unique in the fact that it offers smaller foundations access to alternative investment products which have enhanced returns over the last several years. The reason this report lags the CMF Investment Report by one quarter is due to the time it takes Cambridge to collect the results from the pool participants. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Investment Report 3-31-08.doc �Council of Michigan Foundations Investment Report March 31, 2008 Investment Balance 3-31-08 Actual Asset Allocation Cash Targeted Asset Allocation Cash Operating Funds CMF Operating & Special Projects $4,258,432 100% 100% MCFV Special Projects $3,593,201 100% 100% KYIP Fund $6,051 ,895 100% 100% Michigan AIDS Fund $240,321 100% 100% Learning to Give $220,222 100% 100% Note: All operating funds are invested in money m arket accounts. CMF Combined Endowment Pool -Asset Mix Market Value Equities Fixed Income Real Estate Alternatives Cash Total $10,667,213 4,690,184 752,444 1,047,718 (119,757) 17,037,802 % 62.6% 27.5% 4.4% 6.1 % -0.7% 100.0% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return -0.82% N/A N/A N/A Blended Benchmark -2.05% N/A N/A N/A The CMF Endowment Pool has been broken down into two separate pools, a standard pool and an alternative pool. The asset mix listed above represents the combination of both pools. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Council of Michigan Foundations Investment Report March 31, 2008 CMF Standard Endowment Pool- Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities $4,635,296 1,161,767 772,774 1,739,978 692,813 9,002,628 Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total (119,757) 1,766,242 1,695,820 663,619 4,005,924 $ 13,008,552 Actual % Target % 35.6% 8.9% 5.9% 13.4% 5.3% 69% 37% 9% 6% 13% 5% 70% -0.9% 13.6% 13.0% 5.1% 31% 0% 13% 13% 5% 30% 100% 100% Standard Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return -2.47% 7.35% 11 .76% 6.01 % Blended Benchmark -2.05% 7.08% 11 .56% 5.67% S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Learning to Give Investment Report March 31, 2008 LTG Endowment Fund -Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $1 ,085,573 272,386 180,848 421 ,568 162,033 2,122,408 35.2% 8.8% 5.9% 13.7% 5.3% 69% 37% 9% 6% 13% 5% 70% 3,166 400,501 399,399 157,036 960,102 0.1 % 13.0% 13.0% 5.1 % 31% 0% 13% 13% 5% 30% 3,082,510 100% 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Actual Investment Return -2.82% N/A N/A N/A Lipper Median Benchmark -2.05% N/A N/A N/A Investment of this new endowment fund took place in May 2006 This fund was established with a $3,000,000 grant from the W.K. Kellogg Foundation S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Council of Michigan Foundations Investment Performance Comparison 12/31 /2007 Actual Returns Period Ending Quarter Blended Benchmark -1 .83% CMF Cambridge Pooled Pool Funds (Median) -2.07% 0.30% TIFF Multi Asset 1.10% One Year 5.50% 5.18% 11.40% 13.53% Three Years 8.54% 8.75% 12.00% 13.91% Five Years 12.20% 12.64% 14.10% 16.49% Ten Years 7. 19% 7.43% 9.10% 9.35% Period Ending One Yr Three Yrs 9.2% 5.6% 5.5% 8.6% 1.4% 8.4% 7.0% 4.6% 1 1.2% 16.8% 4.1% 3.3% Five Yrs 14.0% 12.8% 17.0% 4.4% 2 1.6% 3.0% Bench Marks W ilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Qtr Ending -3.2% -3.3% -4.3% 3.0% -1.8% 0.7% Asset Categories Cambridge Pool US Equities International Equities Fixed Income (less high yield) Cash Other Total Other· Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other NMAA Absolute Return Commodities Othe r 26.4% 22.6% 16.0% 2.5% 32.5% 100.0% Asset Allocation CMF Target 52.0% 13.0% 25.0% TIFF Multi Asset 6 1.1% Includes Inti & Resource 14.9% 10.0% 100.0% 24.0% 100.0% 5.0% 1.5% 5.0% 2.0% 3.2% 11.9% 1.2% 5.3% 1.4% 3.1% 1.0% 0.2% 0.4% 0.9% 3.9% 32.5% Ten Yrs 6.3% 5.9% 9.0% 6.0% 8.7% 2.7% 16.2% 4.3% 10.0% 24.0% • Re prese nts the latest return numbers available from Cambridge & TIFF. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materia ls\lnvest Report 3-31-08 �CMF Council of Michigan Founcfations Serving grantmakers. Advandng giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Audit Committee Chair David Lindberg RE: CMF March 31, 2008 & 2007 Audit Report The fo llowing Resolution is presented for approval. RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. Because the Board Meeting is early this year, the audit report will be delivered at the CMF Board meeting with a copy sent to all board members following the meeting. Differences between Internal Statements and Audited Statements Due to the multi-year grant commitments received from Kellogg for their additional membership dues and Skillman for the Detroit office we will have a difference between the internal and audited statements for CMF Core Operations until both of these grants end. The accounting rules require multi-year grants to be booked as revenue in the year the grant commitment was made, even though the revenue supports future year activities. Grant Kellogg Additional Member Contribution ($750,000 for 2005-06 to 2009-201 0) Skillman Detroit Office Support ($75,000 2006-07 to 2008-09) Additional Revenue Booked Per Internal Statements $150,000 25,000 For audit report purposes the total amount of both grants were booked as revenue in 2005-06. �Combined Statement of Financial Position The decrease from the prior year is due to the reduction in cash held for special projects, primarily the Early Childhood Investment Corporation and Access to Recreation grants from the W.K. Kellogg Foundation. Investments The establishment of the CMF Core Services Endowment Fund increased investments by $600,000 for 2007-08, but was offset by the negative investment earnings for the same period. Grants Receivable The decrease from the prior year is due primarily to the balances remaining on the fo llowing grants that were awarded in 2006-07. Grant Access to Recreation Early Childhood Investment Corporation AIR 3-31-08 A/R_@3-31-07 $1,475,000 2,950,000 $7,285,000 4,250,000 Grants Payable $1,300,000 of the increase is due to an outstanding grant due to the Early Childhood Investment Corporation. Other Liabilities The increase from the prior year is due to the 2008-09 membership dues collected prior to April I, 2008. Net Assets- Unrestricted - CMF Core Services Endowment F und This fund was set up in May 2007. Net Assets - Temporarily Restricted The decrease from the prior year is due to reduction in balances of the following special projects. Grant Access to Recreation Early Childhood Investment Corporation KYIP (Kellogg Youth Initiative Project) Learning to Give support for The LEAGUE Balance 3-31-08 $4,696,685 3,060,500 4,741 ,580 725,000 Balance 3-31-07 $10,954,694 4,213,907 6,456,130 1,381 ,250 �Combined Statement of Activities Grant Support The decrease from the prior year is primarily due to the following grants that were awarded in 2006-07: Access to Recreation $1 4,767,161 6,339,775 Publications - Expense The decrease from the prior year is due to The Michigan Foundation Directory which is produced every other year. Professional Fees The increase is due to the Government Performance Improvement Initiative (GPII) which is new in 2007-08. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Financials Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book financials Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book financials. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50726 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/9a79b088d7883ed1119f642f2469efad.pdf b59492f50568bdfa11145399636de7e4 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. May 12,2008 To: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier, President and Vicki Rosenberg, Vice President Education, Communications & External Relations Re: 2009 Annual Conference and Update on 2008 Annual Conference - Achieving Michigan's Transformation- Sunday through Tuesday, Oct. 12-14, 2008- Grand Rapids I. 2009 ANNUAL CONFERENCE - An Opportunity Not to Be Missed! Independent Sector (IS) is holding its Annual Conference on Wednesday, November 4 - Friday, November 6, 2009 at the Marriott Detroit. Mariam Noland, president ofthe Community Foundation of Southeast Michigan, and Debbie Dingell from General Motors will be chairing the Host Committee. In preparation a number of Michiganders including Dave Egner and Rob Collier have been added to the Program Committee for the IS 2008 Conference in Philadelphia. Initial discussions have been held with Diana Avia, president of IS, and her staff to discuss partnership opportunities, and they are interested in moving forward with a framework reflected in the following resolution that is proposed for your approval. Ms. Aviv and her team recognize that: CMF will need to start on Election Day, that CMF will promote the last day of the IS Conference in a joint registration package to CMF members, and that CMF needs to meet its financial goals for the Annual Conference. We feel that this is a special opportunity to be pursued. RESOLVED that the 2009 Annual Conference ofCMF be scheduled for Tuesday afternoon, November 3 through Thursday afternoon, November 5 in Detroit with joint programming with Independent Sector on Wednesday afternoon, November 4 through Thursday afternoon, November 5. II. 2008 Annual Conference Update The 36'h Annual Conference planning is well underway by an excellent Conference Committee co-chaired by Milt Rohwer, Frey Foundation and CMF trustees Caroline Chambers, Comerica Charitable Foundation and Rachel Mraz, Eileen and Brian DeVries Family Foundation. CMF trustee David Sebastian is chairing a Grand Rapids Subcommittee planning six outstanding site sessions. This year's theme - Achieving Michigan's Transformation- continues the focus begun last year with a shift from need to achievement. Attachment One is a list of the Committee members. The Conference program is being designed to support the achievement of our goals to: • Design an event that recognizes, honors and welcomes all patt icipants • Provide participants with opportunities to reflect, refresh, and network with peers: be exposed to the latest knowledge and issues facing phi lanthropy; and learn at least one new skill or resource to help them be more effective. • Attract 310 full and 240 partial registrations • Secure $165,000 in sponsorships and $26,000 in exhibitor fees We are pleased to have the following sponsors confirmed but need your help in promoting more: Clark Hill $ 2,500 Comerica 15,000 I 0,000 DTE Energy �Annual Conference Update May 2008 Page 2 MASCO Merrill Lynch Steelcase Williams Group W.K. Kellogg Foundation In • • • • • $10,000 15,000 10,000 2,500 30,000 response to 2007 evaluations, the schedule has been redesigned to: Start at 4:00p.m. on Sunday with no pre-conference activities, Offer a Newcomers Orientation End at 4:00p.m. on Tuesday after the final Plenary starting at 2:30p.m. Add a track of community foundation sessions that run throughout the Conference Pilot Bring an Emerging Leader opportunity Conference sessions and workshops will focus on: • Priority public policy issues including: healthcare reform, sustainable school-community partnerships, the impact of climate change on the Great Lakes and reviving Michigan' s economy • Skill building including: administration, advocacy, communications, diversity and inclusion, governance, grantmaking and investments The Conference Committee has had its two meetings and final work on the sessions is now underway. We encourage you to use the Save the Date card in the front pocket to invite a nonmember of CMF to the Conference. Our goal is to have the Conference Registration brochure in the mail in early June. We look forward to providing a verbal update on p lenary speakers at the Board Meeting. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book conference committee report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book conference committee report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50725 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d96ab289dd8434d1e7641d1c5f9e1b2a.pdf e0ae6b4f7d652e3d0f89b2ce64fab65d PDF Text Text Board o f Trustees Meeting Minutes - February 12, 2008 Page 3 Upon motion duly made, supported and unanimously approved, it was RESOLVED that Article V of the Bylaws be amended to redesignate Section 4. Other Committees as Section 6 of Article V and that a new Section 4 be added to read in its entirety as follows: Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirmatively determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee C harter as adopted by the Board and amended from time to time. Proposed Dues Increase 2009-10 Rob Collier & Dave Lindberg presented the proposed 10% increase effective for April 2009. Mr. Lindberg noted that last increase took place in 2004, the first after nine years with a 20% increase. The Membership Committee and Communications Task Force would like to start developing a plan to introduce the recommended dues increase at the October Annual Meeting. Upon motion duly made, supported and unanimously approved, it was RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting April I , 2009. Diversity & Inclusion Initiative Vicki Rosenberg introduced the logic model for the five year Diversity and Inclusion Initiative funded initially by The Kresge Foundation. She noted the first three objectives: for CMF to become a model regional association and national resource; for 19 foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion; and to increase CMF members' awareness, understanding and action in diversity and inclusion. The Governance Committee, chaired by Trustee Carol Goss, will be expanded to serve as an Advisory Committee for this Initiative. Upon motion duly made, supported and unanimously approved, it was RESOLVED that CMF undertake a five-year Diversity and Inclusion Initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. President's Report A. Government Relations Government Relations Committee co-chair Carol Paine McGovern updated the Board on the recent call combined with the Funders Concerned about Michigan's Economy Affinity Group to discuss the possible introduction ofL3C legislation. Senator Jason Allen has agreed to introduce the bill. If the bill moves forward, CMF members will testify. �CMF Council of Michigan Founaations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier, President and Dave Lindberg, Vice President Re: Amendments to the Articles of Incorporation and Bylaws to allow for electronic communication Recent amendments to the Michigan Nonprofit Corporation Act (the "Act") now permit the use of electronic transmission, such as email, for notices, waivers of notice, proxies, written consents and voting when participating in a meeting by remote communication. These amendments have the potential of streamlining the procedures for providing notices, obtaining signatures for written consents, and conducting meetings. The following Resolution and amended Articles of Incorporation and Bylaws that are attached as prepared by legal counsel, Clark Hill PLC, are recommended by the Executive Committee fo r your consideration and approval. RESOLVED that the Articles of Incorporation and Bylaws be amended as attached and prepared by legal counsel to respond to changes in the Michigan Nonprofit Corporation Act to allow for electronic communication. Background As used in the Act, "electronic transmission" refers to any form of communication that 1) does not directly involve the physical transmission of paper; 2) creates a record that may be retained and retrieved by the recipient; and 3) may be directly reproduced in paper form by the recipient through an automated process. Common examples include email and fax. Members (or shareholders) and directors (or trustees) must authorize the electronic transmission of notices or communication to them. The simple act of providing the organization with an email address, for example, would constitute authorization. In order to utilize the convenience of electronic transmission, authorization in the articles or bylaws may be required. It is our view that action of members may be taken in only one of two ways - by vote at a meeting or by written consent. The amendments to the Act address both of these. Electronic transmission may also be used to provide notices of meetings, submit proxies or written consents to the organization, or to waive notice of a meeting. Neither the articles nor the bylaws need to specifically authorize these uses of electronic transmission. However, depending on how the articles and bylaws are currently written, clarification may be appropriate. �Amendments to Articles & Bylaws May 12, 2008 Page 2 Members may now vote in "real time" by electronic transmission. This would only arise in cases where members are participating in a meeting by remote communication such as If the organization desires to hold member meetings by remote a webinar. communication and the members to vote by electronic transmission, it must be authorized by the bylaws. If the members are voting for directors by electronic transmission, the provision must be included in the articles of incorporation. Action by written consent by fewer than all members must still be specifically authorized by the articles. Membership organizations may authorize action to be taken without a meeting and without a vote, if a consent in writing (which now includes email), setting forth the action to be taken is authorized by the members having not less than the minimum number of votes necessary to authorize or take action at a meeting at which all members entitled to vote were present and voted. Membership organizations that wish to take advantage of this provision and do not currently have this provision in their articles, must amend their articles. These consents would allow members to elect directors without holding an annual meeting if a list of directors is submitted along with the written consent to members. Members could review the list of directors nominated for election, indicate their selection of directors and return the consent by mail or electronically. The consents would be tallied just as if a ballot vote had been taken and directors elected. The election would be valid only if the minimum number of votes were received. Board action electronically or by fax still requires unanimous written consent (affirmative response by 100% of the board). �Amendments to Articles & Bylaws May 12,2008 Page 3 BYLAWS OF COUNCIL OF MICHIGAN FOUNDATIONS R evised 2 12 08Mav 20. 2008 Latest ,.evisions helded ARTICLE I. MEMBERSHIP Section 1. Eligibility. Any charitable organization, foundation or trust, a principal function of which is the making of substantial grants for charitable purposes and which either has its principal office in the State of Michigan or makes substantial grants for charitable purposes in Michigan; any corporation or other business entity which makes substantial grants for charitable purposes in Michigan; and any bank exercising trust functions and any trust company which administers charitable funds, trusts or foundations making substantial grants for charitable purposes in Michigan shall be eligible for membership. Section 2. Application. Any eligible organization which makes application to the Board of Trustees shall become a member upon approval of its application by the Board of Trustees and compliance with Section 3. Section 3. Contributions. Admission to and continuation of membership shall be conditioned upon the making of such annual contributions to the corporation as shall from time to time be determined by a vote of two-thirds ofthe Trustees, as well as upon continued meeting of the criteria set forth in Section 1. The amounts of such contributions may vary in accordance with the assets of charitable organizations and in accordance with other criteria uniformly applicable to member organizations. Section 4. Voting. Each member which has a representative present in person at a meeting of members or is represented by proxy shall be entitled to one vote at the meeting. A vote may be cast orally. in writing. b y proxy. or b y electronic transmission if participating in a meeting by remote communication. Members present in person. including as d efined in Article II. Section 6. or by proxy~ shall be considered present for purposes of determining a quorum and shall be entitled to vote. ARTICLE II. MEETINGS OF MEMBERS Section 1. Annual Meeting. The annual meeting of the members shall be held each year on such date as shall be designated by the Board of Trustees. �Amendments to Articles & Bylaws May 12,2008 Page 4 Section 2. Special Meetings. Special meetings of the members shall be held on the call of the Chainnan of the Board, a majority of the Board of Trustees, a majority of the Executive Committee, or upon the written request of any ten members. Section 3. Notice ofMeetings. Written notice of the time, place and purpose of member meetings shall be mailed or sent by electronic transmission to each member not less than ten (1 0) days prior to the meeting, except that notice of the annual meeting shall be mailed or sent by electronic transmission not less than thirty (30) days prior thereto. Section 4. Place of Meetings. Meetings shall be held at such place within the State of Michigan as shall be designated by the president and Chairman of the Board in the case of the annual meeting, or by the party or parties calling the meeting, in the case of special meetings. Section 5. Quorum. At all meetings:;: a quorum shall consist of the members who are present in person or by proxy. An affirmative vote of a majority of members present at a meeting shall constitute the action of the members unless the vote of a larger number is required by statute or elsewhere in these Bylaws. Section 6. Participation by Remote Communication. At the discretion of the Chair. a member may participate in a meeting of members by conference telephone or other means of remote communication by which all persons participating in such meeting may hear each other if all persons are advised of the communications equipment and the names of the persons participating in the meeting are divulged to all participants. Participation pursuant to this provision shall constitute presence in person at the meeting. ARTICLE III. BOARD OF TRUSTEES Section 1. Management of Corporation. The property and affairs of the corporation shall be managed by a Board of Trustees. Section 2. Qualification of Trustees. Each person elected as a Trustee must at the time of election be associated with a member of the corporation; provided that persons not so associated may be elected as Trustees if, at the time of their election, not more than 10% of all Trustees are persons not so associated. Section 3. Number. The entire Board of Trustees shall consist of not fewer than twenty-one (21) persons and not more than twenty eight (28) persons. The Board shall fix, within that range, the absolute number of trustees from time to time. Section 4. Term. Each Trustee elected by the membership shall serve a term ofthree (3) years. Each Trustee may serve a maximum of three (3) consecutive three (3) year terms. Trustees appointed by the Board of Trustees to fill unexpired terms, shall �Amendments to Articles & Bylaws May 12,2008 Page 5 stand for election at the annual meeting for which the vacated term was due to expire, and service provided for the unexpired term shall not be counted as an elected term. Section 5. Nomination and Election. The Governance Committee shall nominate for election to the Board ofTrustees one person for each member of the Board whose term expires at the next annual meeting. On or before forty-five (45) days prior to the annual meeting, a report of the annual meeting and nominations made by the Committee shall be mailed or sent by electronic transmission to each member. Any member, upon the second of another member, may nominate other individuals for election as Trustees. Written notice by the nominating and seconding members shall be delivered to the .GQ.y_ern_ance Committee at CMF's office not later than thirty (30) days prior to the annual meeting. Notice of the annual meeting and a proxy listing all persons nominated for election as Trustees shall be mailed or sent by electronic transmission to each member. Election of such Trustees shall be by plurality vote. Proxies shall be returned oersonally. by mail, or by electronic transmission to CMF's office not later than the day before the date fixed for the annual meeting. If there are nominations of more persons than there are Trustees to be elected, no proxy shall be valid unless it casts votes for a number of persons equal to the number of Trustees to be elected. Notwithstanding any other provision of these Bylaws to the contrary, members whose proxies are cast as herein above provided, shall be deemed present at the annual meeting. Section 6. Resignation and Vacancies. Any Trustee may resign at any time. If a vacancy occurs, the Trustees then in office may, by majority vote, appoint an individual to fill the unexpired tenn. Except as otherwise determined by a majority of the entire Board of Trustees, any Trustee who shall fail to attend three consecutive meetings of the Board shall be deemed to have resigned from the Board of Trustees, effective upon the adjournment of the third missed meeting and a successor may be appointed by a majority of the entire Board ofTrustees to fill the unexpired term of the Trustee deemed to have resigned. Section 7. Compensation. Trustees shall receive no compensation for their services, nor reimbursement of expenses incurred by them as Trustees. Notwithstanding the foregoing, any member of the Board of Trustees may receive reasonable compensation for professional services performed on CMF's behalf in a capacity other than as Trustee and may be reimbursed for expenses incurred in relation to such services, if such services are determined by the Board of Trustees to be reasonably necessary to carry out the purposes of the association. Section 8. Advisory Cabinet Representation. The CMF Advisory Cabinet Chairman will serve as an ex-officio, non-voting member of the Board of Trustees. �Amendments to Articles & Bylaws May 12,2008 Page 6 Section 9. Youth Trustee. An individual under the age of 30 with experience as a foundation trustee, staff member, or community foundation youth grantmaker may be elected to the board for a non-renewable three year term. If a resignation for whatever reason occurs in this position. the replacement nominee shall be eligible to serve for a full three year period. ARTICLE IV. MEETINGS OF THE BOARD Section 1. Place. The Board of Trustees may hold meetings, both regular and special, either within or without the State of Michigan. Section 2. Annual Meeting. The Annual Meeting of the Board for the election/appointment of officers and the transaction of any other business shall be held in conjunction with the Annual Meeting of the Members at a time and place as designated by the President in consultation with the Board Chair. Section 3. Notices. Written notices of the date, time and place of all regular meetings shall be mailed or sent by electronic transmission to each Trustee not less than seven (7) days nor more than forty (40) days prior to the meeting. Written notice of the date. time and place of special meetings shall be provided by mail or electronic transmission at least 24 hours orior to the meeting. Section 4. Written Consents. Unless otherwise provided by the Articles of Incorporation, any action required or pennitted to be taken at any meeting of the Board of Trustees or any committee thereof may be taken without a meeting, if, before or after the action, all members of the Board or committee consent thereto in writing. including by electronic transmission such as electronic mail. The written consents shall be filed with the minutes of proceedings of the Board or committee. Such consents shall have the same effect as a vote of the Board or committee for all purposes. Section 5. Quorum. A quorum of the Board ofTrustees shall consist of a majority of the elected Trustees. An affirmative vote of a majority of the Trustees present at a meeting at which a quorum is present shall constitute the action of the Board of Trustees unless the vote of a larger number is required by statute or elsewhere in these Bylaws. Section 6. Participation by Cemm~:~aieatieas EEJ1:1i13meatR emote Communication. At any meeting of Trustees or a committee thereof, a Trustee may participate in any meeting of Trustees by a conference telephone or simHaf eemm~:~aieatieas eq1:1ipmeatother means of remote communication by which all persons participating in such meeting may hear each other if all Trustees are advised of the communications equipment and the names of the Trustees in the conference are divulged to all participants. Participation pursuant to this provision shall constitute presence in person at the meeting. �Amendments to Articles & Bylaws May 12,2008 Page 7 ARTICLE V. COMMITTEES Section 1. Executive Committee. The Executive Committee shall consist of all Trustees elected as officers of the corporation, the immediate past Chair of the Board (if continuing to serve as a Trustee) and one additional at-large member of the Committee as elected by the Board. The Executive Committee shall have the full power and authority ofthe Board of Trustees to act between meetings of the Board of Trustees by majority vote of all its members; provided, however, the Executive Committee shall not have power or authority to: (a) amend the Articles of Incorporation; (b) adopt an agreement of merger or consolidation; (c) recommend to the members the sale, lease or exchange of all or substantially all of the corporation's property and assets; (d) recommend to the members a dissolution of the corporation or a revocation of a dissolution; (e) amend the Bylaws of the corporation or any resolution of the Board of Trustees which by its terms shall not be so amendable or repealable; (f) fill vacancies in the Board; or (g) terminate membership. Section 2. _ Governance Committee. The Governance Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of not less than three (3) nor more than five (5) members, a majority of whom shall be Trustees whose terms of office do not expire at the next annual meeting. Section 3. Supporting Organization Committee. The Supporting Qrganization Committee shall b~.m:mointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of not less than 5 nor more than 9 members. The Committee will make periodic reports and recommendations to the Board concerning the activities of the various suworti_ng_Q.[gani_zations a_ffiliated with the Comoration, including the size and composition of their respective boards. Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirn1atively �Amendments to Articles & Bylaws May 12, 2008 Page 8 determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee Charter as adopted by the Board and amended from time to time. ====S~e~c~t~io~n!=5~. Other Committees. The Board of Trustees may designate such other committees as it shall deem appropriate. Such c01mnittees shall have such authority as shall be delegated to them by the Board of Trustees. The Chainnan of the Board shall be an ex-officio member with vote of all such committees. Section 6. Michigan Community Foundations' Youth Project. The Michigan Community Foundations' Youth Project shall be a permanent standing advisory Committee whose purpose is to review and oversee the activities undertaken by CMF to support community foundation youth advisory committees and to promote youth as grantmakers. The Committee, consisting of up to fifteen (15) members, will make periodic reports and recommendations to the Board. The Chaimerson and President shall appoint the members of the Committee, the majority of whom shall be youth under the age of 21 with experience as members of a community foundation youth advisory committee. ARTICLE VI. NOTICES Section 1. Form and Delivery. Notices to members and Trustees shall be in writing and may be delivered personally, by mail, by electronic transmission such as electronic mail, or by telegram. Notice by mail shall be deemed to be given at the time when deposited in the post office or a letter box, in a postpaid sealed wrapper, and addressed to members or Trustees at their addresses appearing on the records of the corporation. Notice by electronic transmission shall be deemed to be given when electronically transmitted to the person entitled to the notice in a manner authorized by the person. Section 2. Waiver. Whenever a notice is required to be given by these Bylaws, a Waiver thereof in writing, signed by the person or persons entitled to such notice, or a waiver by electronic transmission. whether before or after the time stated therein, shall be deemed equivalent to such notice. Attendance of a member or Trustee at any meeting without objection on such member's or Trustee's part shall constitute a waiver of notice of such meeting. ARTICLE VII. OFFICERS Section 1. Officers. The officers ofthe association shall be Chainnan of the Board, one or more Vice Chainnen, a President, Secretary and Treasurer; any two of the offices of President, Secretary and Treasurer may be held by the same person provided, however, that an officer shall not execute, acknowledge, or verify an instrument in more than one capacity if the instrument is required by law or the Articles or Bylaws to be executed, acknowledged, or verified by two or more officers. �Amendments to Articles & Bylaws May 12,2008 Page 9 Section 2. Election. All officers shall be elected by the Board of Trustees for a term ending at the next annual meeting or until their successors are elected. Section 3. Removal. Any elected officer may be removed Trustees with or without cause. ~ the Board of Section 4. Additional Officers. The Board of Trustees shall elect or appoint from time to time such additional officers as in its opinion are desirable for the conduct of the business of the corporation. Such officers shall have duties as specified by the Board of Trustees. Section 5. Vacancies. If any office becomes vacant for any reason, the Board of Trustees shall fill such vacancy. Unless reelected by the Board, any officer so appointed or elected shall serve only until such time as the predecessor's unexpired term shall have expired. Section 6. Chainnan. The Chairman shall preside at all meetings of the members and Trustees, and shall be an ex-officio voting member of all standing committees. The Chairman shall consult regularly with the President to ensure that the policies and directives of the Board ofTrustees are enacted. Section 7. ViceChairmenVice Chairmen. The Vice Chairmen in the order designated by the Board or. lacking such a designation. by the Chairman shall, in the absence or disability of the Chairman, perform the duties and exercise the powers of the Chairman, and shall generally assist the Chairman and perform such other duties as the Board ofTrustees shall prescribe. Section 8. President. The President shall be the chief executive officer of the corporation, shall supervise and conduct the day to day operations of the corporation, shall have general management and control of the business and affairs of the corporation subject to the control of the Board of Trustees, and shall see that all orders and resolutions of the Board are carried into effect. Section 9. Secretary. The Secretary shall attend all meetings ofthe members and of the Board of Trustees and shall cause to be reported all votes and minutes of all proceedings in a book to be kept for that purpose. The Secretary shall further cause to be performed like duties for the standing committees when required. The Secretary shall give, or cause to be given, notice of all meetings of the members and Board of Trustees, and shall perfonn such other duties as may be prescribed by the Board of Trustees or Chairman, under whose supervision the Secretary shall act. Section 10. Treasurer. The Treasurer shall oversee the care and custody of the funds of the corporation, and other valuable effects, including securities. The Treasurer shall ensure that fu ll and accurate accounts of receipts and disbursements in books belonging to the corporation are kept. The Treasurer shall render to the Chairman �Amendments to Articles & Bylaws May 12,2008 Page 10 and Trustees at the annual meeting of the Board, or whenever it may request, an account of all transactions of the Treasurer and of the financial condition of the corporation. Any and all funds received by the corporation shall immediately be deposited in the name and to the credit of the corporation in such depositories as may be designated by the Board of Trustees. Section 11. Compensation. The Board of Trustees shall be responsible for overseeing the compensation of all employees of the corporation. ARTICLE VIII. FISCAL YEAR The fiscal year of the corporation shall be April 1 through March 31. ARTICLE IX. SEAL The seal of the corporation shall be in such form and style as may from time to time be adopted by the Board of Trustees. ARTICLE X. INDEMNIFICATION The Corporation shall, to the fullest extent now or hereafter permitted by law, indemnify any Trustee or officer of the Corporation (and, to the extent provided in a resolution of the Board ofTrustees or by contract, may indemnify any employee~ volunteer or agent of the Corporation) who was or is a party to or threatened to be made a party to any threatened, pending, or completed action, suit or proceeding by reason of the fact that such person is or was a Trustee, officer, employee,__yclt.mteer or agent of the corporation, or is or was serving at the request of corporation as a Director, officer, employee. volunteer or agent of another corporation, partnership, join venture, trust or other enterprise, against expenses, including attorney fees (which expenses may be paid by the Corporation in advance of the final disposition of such action, suit or proceeding as provided by law), judgments, fines and amounts paid in settlement actually and reasonable incurred by such person in connection with such action, suit or proceeding if such person acted (or refrained from acting) in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the Corporation, and with respect to any criminal action or proceeding, had no reasonable cause to believe such person's conduct was unlawful. The indemnification herein provided for shall continue as to a person who has ceased to be a Trustee or officer of the Corporation and, to the extent provided in a resolution of the Board of Trustees or in any contract between the Corporation and such person, may continue as to the person who has ceased to be an employee. volunteer or agent of the Corporation. Any indemnification of a person who was entitled to indemnification after such person ceased to be a Trustee, officer, employee. volunteer or agent of the Corporation shall continue to inure to the benefit of that person and to the benefit of the heirs and personal representatives of such person. �Amendments to Articles & Bylaws May 12, 2008 Page II ARTICLE XI. AMENDMENTS These Bylaws may be amended or repealed by a vote of two-thirds of all of the Trustees or by a vote of two-thirds of all of the members at any meeting, the notice for which includes notice of the consideration of such action; provided, however, that the provisions of these Bylaws dealing with the conditions of membership and the voting rights of members may be amended only by such vote of all of the members. �Amendments to Articles & Bylaws May 12,2008 Page 12 MICHIGAN DEPARTMENT OF LABOR AND ECONOMIC GROWTH BUREAU OF COMMERCIAL SERVICES Date Received (FOR BUREAU USE ONLY) Name: Deanna M. Deldin c/o Clark Hill PLC Address: 500 Woodward Avenue Suite 3500 City: State: ZIP Code: Detroit MI 48226 EFFECTIVE DATE: 1/0112008 DOCUMENT WILL BE RETURNED TO NAME AND ADDRESS INDICATED ABOVE CERTIFICATE OF AMENDMENT TO THE ARTICLES OF INCORPORATION For use by Domestic Profit and Nonprofit Corporations Pursuant to the provisions ofAct 162, Public Acts of 1982, as amended (the "Act "), the undersigned Corporation executes the following Certificate: I. The present name of the Corporation is Council of Michigan Foundations. 2. The identification number assigned by the Bureau is: 870029 3. Article X is hereby added to the Articles to read as follows: Article X Any action required or permitted by the Act to be taken at an annual or special meeting of members may be taken without a meeting, without prior notice and without a vote, if a consent in writing, including by electronic transmission such as electronic mail, setting forth the action so taken, is signed or authorized by the members having not less than the minimum number of votes that would be necessary to authorize or take the action at a meeting at which all members entitled to vote thereon were present and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent shall be given to members who have not consented in writing. �Amendments to Articles & Bylaws May 12,2008 Page 13 4. Article XI is hereby added to the Articles to read as follows: Article XI A member entitled to vote at an election for directors may vote in person, by proxy, or by electronic transmission, as further described in the Corporation's bylaws. The foregoing amendment to the Articles of Incorporation was duly adopted by the members of the Corporation at a meeting in accordance with Section 611 (2) of the Michigan Nonprofit Corporation Act on , 2008. Signed this _ _ day of _ _ _ _ _, 2008. COUNCIL OF MICHIGAN FOUNDATIONS By: Robert S. Collier � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Bylaws-Amendment Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book bylaws amendment Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book bylaws amendment. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50724 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/066e8870e8481ad95a465581ce9a573f.pdf e3569effe6bf0e0177ad6e49e1e52f71 PDF Text Text May 12, 2008 Memo to: cc: CMF Board of Trustees Susan K. Broman Caroline E. Chambers Elizabeth A . Cherin Melonie B. Colaianne John Colina Thomas B. Cook David 0. Egner Rev. J. Louis Felton Russell L. Gabier Allan D. Gilmour Carol A. Goss Wesley H . Maurer, Jr. Russell G. Mawby Rachel Mraz David K. Page Carol Paine-McGovern Phillip H. Peters Thomas S. Porter David S. Sebastian Gerald K. Smith Sterling K. Speirn Betsy Upton Stover Margaret (Peggy) E. Thompson Amanda Van Dusen Christian A. Velasquez Dan Wyant Lloyd J. Yeo David R. Lindberg, Vice President Finance & Administration Vicki J. Rosenberg, Vice President, Education, Communications and External Relations From: Diana R. Sieger, Chairperson Robert S. Collier, President Re: May 20,2008 Board of Trustees Meeting with Regional Members Tour and Lunch Ziibiwing Center, Mt. Pleasant (directions in front cover) 6650 E. Broadway, Isabella Indian Reservation 11:30 a.m. - 12:30 p.m. Welcome and Tour of the Ziibiwing Center 12:30 - 1:30 p.m. Lunch with special guest, Dr. Mike Rao 2 :00 - 4 :00 p.m. Board of Trustees Meeting We look forward to meeting w ith you and our members from the Mt. Pleasant area at the Ziibiwing Center and hearing from CMU President, Mike Rao prior to the Board Meeting. Please let Rob know if you have any questions about any of the materials enclosed. �CMF Council of Michigan Foundations Serving grant makers. Advancing giving. Executive Summary of 5.20.08 Board Agenda TAB I. Call to Order & Introductions- Diana Sieger, Chairperson II. Consent Agenda February 12, 2008 Board of Trustees M eeting Minutes May 2, 2008 Executive Committee M inutes Financial Report/Internal Statements for March 31 , 2008 Investment Committee Report for March 31, 2008 ACTION ITEMS RESOLVED that the February 12 Board of Trustees Meeting Minutes, the May 2 Executive Committee Minutes, the March 31, 2008 Financial Statements and the March 31, 2008 Investment Committee Report be accepted as presented. III. Treasurer's Report/ Year End Audit - Phil Peters & Dave Lindberg 2 RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. IV. Amendments to Articles and Bylaws re: Electronic Communication Betsy Stover 3 RESOLVED that the Articles of Incorporation and Bylaws be amended as attached and prepared by legal counsel to respond to changes in the Michigan Nonprofit Corporation Act to allow for electronic communication. V. Membership and Dues Increase M arketing Plan - Rob Collier 4 RESOLVED that the criteria for membership for the category: Corporate Giving Programs and Consultant Service Business be changed from "Must make annual grants to charitable organizations in excess of $50,000 ... " to " Must make grants to charitable organizations of $25,000 over a five year period." VI. Government R elations- Carol Paine-McGovern & Rob Collier RESOLVED that Goal4 be amended from repeal of the excise tax on private foundations to " Support simplification of the excise tax on private f oundations to a flat tax that is revenue neutral for the federal government." 5 �Board Agenda Summary May 20, 2008 Page 2 RESOLVED that the Council of Michigan Foundations joins with the Northern California Grantmakers, Southern California Grantmakers and San Diego Grantmakers - the three California Regional Associations and the Council on Foundations in opposing California Assembly Bill 624 because this legislation: • ignores the commitment of many of our members to better reflect, represent, and serve all populations through the impact of the operations - governance, staffing, business practices and grantmaking- of organized philanthropy, • mandates the collection of data related to the diversity of our boards, staff and grantees that may be impossible to accurately collect, and • has the potential to both negatively impact the very diverse populations and communities it seeks to serve, and to slow-rather than grow - philanthropy and philanthropy's commitment to serve such populations. RESOLVED further that, in recognition of both CMF's Board approved Diversity and Inclusion Initiative and the appropriate balance between the voluntary decisions of individual grantmakers with the sector's responsibility to serve the common good and all of society, the Council of Michigan Foundations supports the call to action from the Council on Foundations that all of philanthropy join in a growing commitment to respond to the appropriate concerns about our lack of progress to date and our collective commitment to increasing our value for and leadership to the importance of diversity and inclusiveness in all that we do. RESOLVED that CMF support HB 5681, sponsored jointly by Majority Floor Leader Steve Tobocman and Representative Bill Huizenga, to amend the Michigan Nonprofit Corporation Act to accomplish the following: • The board of directors of a nonprofit corporation would need at least three directors. Currently, the act requires "one or more" directors. Under the bill, an existing corporation would need to have at least three directors beginning 180 days after the bill's effective date. • A corporation that is a "charitable purpose corporation" could not provide loans to or guarantee an obligation of an officer or director of the corporation or a subsidiary, unless the officer or director is also a client of the corporation and the loan or guaranty is necessary to carry out the corporation's charitable purposes. • A charitable purpose corporation that is dissolved would have to provide notice of the dissolution to the attorney general within 60 days after the date of dissolution and could not dispose of any of its assets without written approval of the attorney general. VII. Public Policy Committee- Dave Egner & Jaclyn Miel-Uken RESOLVED that the Council of Michigan Foundations support HB 6025 & 6026 and SB 1287 that would provide Michigan residents with an income tax check off option to voluntarily donate to the United Way. 6 �Board Agenda Summary May 20,2008 Page 3 VIII. 2009 Annual Conference and 2008 Annual Conference UpdateVicki Rosenberg, Caroline Chambers & Rachel Mraz 7 RESOLVED that the 2009 Annual Conference ofCMF be scheduled for Tuesday afternoon, November 3 through Thursday afternoon, November 5 in Detroit with joint programming with Independent Sector on Wednesday afternoon, November 4 through Thursday afternoon, November 5. IX. Executive Session OTHER X. XI. President's Report - Rob Collier Diversity and Inclusion Initiative- Vicki Rosenberg Other 8 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book board agenda Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book board agenda. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50723 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/2ffc3ec44e63f4d0aa6bf2417279ea2d.pdf 6299b1da60ee9b3733aec8a519f2750c PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. February 1, 2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Susan Broman, David Egner, Carol Goss; Public Policy Committee Co-Chairs Vicki Rosenberg, Vice President, and Jaclyn Miel-Uken, Public Policy Fellow Re: Public Policy Committee Report Since the October 22 Board meeting, CMF public policy affinity groups hosted seven events, CMF published numerous policy-related articles and CMF staff recruited six applicants for the 2008-09 William C . Richardson Fellowship in Philanthropy & Government Affairs. Fall 2007- Winter 2008 Events • EngAGEment Initiative Briefing on the State of Aging in the U.P. (Oct. 30) • Arts Affinity Group Meeting (Nov. 6) • K-16 Education & Workforce Development Briefing (Nov. 29) • Funders on Michigan's Economy & Government Relations "L3C" Conference Call (Jan. 22) • K-16 Education "Promise Zone" & Small High Schools Conference Call (Jan. 28) • Arts Affinity Group Meeting (Feb. 6) • Human Services & Early Childhood Briefing with Ish Ahmed & Judy Samelson (Feb. 7) • Land Use Funders Summit co-hosted with the MSU Land Policy Institute (Feb. 11) Nov. 2007- Feb. 2008 Public Policy Communications As listed in the attached, CMF published four policy-related News Wire articles, one policy-related articles in the summer Memo to Members and shared 15 public policy resources v ia monthly E-News. Winter- Spring 2008 Events The following events are planned: • Public Policy Committee Post-State of the State Conference Call (Feb. 15) • Foundations on the Hill (Mar. 4-5) • EngAGEment Initiative Briefing with Marc Freedman in Dearborn (Mar. 14) • Urban Agenda Briefing co-hosted with Neighborhood Funders Group (Mar.) • Public Policy Committee Meeting (Apr. 21) • Food Systems Briefing with the Fair Food Foundation (May 13) William C. Richardson Fellowship Applicants • David Glisch-Sanchez, University of Michigan, MPP 2008 • Elizabeth K idd, Indiana University, MP A 2007 • Dana Linnane, University of Michigan, MPP 2008 • Lome Mulder, Grand Valley State University, MPA 2008 • Matthew Nielson, University of Michigan, MPP/MS 2008 • Janae Reneaud, Eastern Michigan University, MPA 2007 �Public Policy Report February 2008 Page 2 Attachment: Public Policy Communications CMF NewsWire • 1/15/08 State Community Health Director Shares Plans for Helping Uninsured. • 12/ 17/07 Foundation Expertise Need To Help Michigan Regain Economic Competitiveness. • 11/15/07 Moving Michigan Forward Goal Of West Michigan Regional Community Foundation Convening. • 11/09/07 New CMF Affinity Group Working To Be A Strong Voice For The Arts In Michigan. Memo to Members (Fa112007) • Foundations Must Play Leadership Role in Michigan's Transfonnational Change, Experts Say E-News January 2008 • Strategic Grantmaking: Foundations and the School Privatization Movement • The Improving Head Start for School Readiness Act of 2007 Conference Summary Report • States Moving Toward Comprehensive Health Care Reform • Meeting Michigan's 2015 Renewable Portfolio Standard (RPS): Wind Turbines Required and Projected Land Usage • In Search of a Purpose: Marc Freedman thinks 'encore careers' can help baby boomers-and the country. • A Hand Up: A Strategy to Reward Work, Expand Opportunity, and Reduce Poverty December 2007 • Will Boomer Retirees Fom1 a New Army of Volunteers? • Elders as Resources for Children & Families: Ideas for Policy and Practice • State Conservation Spending in the United States: A Political Economy Analysis (Summary of Key Findings • Chance Favors the Prepared Mind: Mathematics & Science Indicators for Comparing States & Nations • State and Local Government Employment, A Comparative Analysis November 2007 • Healthy Waters, Strong Economy: The Benefits of Restoring the Great Lakes Ecosystem • A Methodology to Determine Economic Security for Elders • Grading Michigan Schools • Sectoral Strategies for Low-Income Workers: Lessons from the Field • No Worker Left Behind (NWLB) � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Public-Policy Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book public policy Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book public policy. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50722 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/ad4812a334c5459281110f5597ae12c7.pdf e208fa1be9686618e30a400330e401de PDF Text Text eMF Council of Michigan Founcfations Serving grantmakers. Advancing giving. Board of Trustees Meeting Minutes Monday, October 22,2007 Hyatt Regency Dearborn DeSoto Room The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at the Hyatt Regency in Dearborn on Monday, October 22, 2007, pursuant to written notice duly given. The meeting was called to order at 2:30 p.m. by Diana Sieger, Chairperson. Trustees and Officers present in addition to Ms. Sieger: Elizabeth (Libby) Cherin Melonie Colaianne John Colina Robert Collier Julie Fisher Cummings Caroline Chambers, New Nominee Tom Cook, New Nominee David Egner Rev. Louis Felton Allan Gilmour Carol Goss Wesley Maurer, Jr. Russell Mawby Olivia (Libby) Maynard Rachel Mraz David Page Phil Peters David Sebastian Gerald Smith Betsy Upton Stover Amanda Van Dusen Christian Velasquez Dan Wyant Special Guests: Stacey Barbas, Executive Director, Michigan AIDS Fund Karen Aldridge Eason, Office of the Foundation Liaison Dorothy A. Johnson, Co-Chair, Learning to Give Board of Trustees James A. Kelly, Co-Chair, Learning to Give Board of Trustees Wendy Lawson, Chair, Michigan AIDS Fund Kenita Montgomery, Program Policy Fellow, The Skillman Foundation Henry Ramos, Director, Diversity in Philanthropy Project Duane Tarnacki, CMF Legal Counsel CMF Staff: Susan Cuddington, Executive Assistant to the President David Lindberg, Vice President, Finance & Administration Donnell Mersereau, Director, Community Foundations Vicki Rosenberg, Vice President, Education, Communication, and External Relations Self-introductions were made and Chairperson Sieger welcomed new Board nominees- Tom Cook and Caroline Chambers. Chair Sieger recessed the Board Meeting to hold the Annual Members Meeting of the Supporting Organizations of the Council of Michigan Foundations at 2:40p.m. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 2 Chair Sieger reconvened the CMF Board Meeting at 3: 10p.m. and presented the consent items for approval: Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Consent Agenda items be approved: • • • • • The Minutes of May 22, 2007 Board Meeting with the following amended as follows under the break for the Executive Session: "Chair Sieger excused the staff and special guests for a brief closed Executive Session with the Board to discuss the President' Performance Review." The Minutes of July 9, 2007 and September 7, 2007 Executive Committee Meetings The Treasurer's Report with Financials for period ending August 31, 2007 The Investment Report, and The following grantmakers for Membership: Ed & June Kellogg Foundation, Howell Fifth Third Foundation, Cincinnati, OH Paul & Peggy Rowley Donor Advised Fund, Bay City Michigan Masonic Charitable Foundation, Alma The Pokagon Fund, New Buffalo Governance Committee Committee Chair Carol Goss reported on the results of the election of Trustees and presented the following resolution: Upon motions duly made, supported and unanimously approved, it was, RESOLVED that the actions of the Committee on the Class of2010, as detailed below, be accepted, and that the following names were re-elected by the membership to the Board for a three-year term ending in 2010: Elizabeth Cherin, President & CEO, Fremont Area Community Foundation, Fremont John Colina, President, Colina Foundation, Southgate Wesley H. Maurer Jr., Chairman, Mackinac Island Community Fdn., Mackinac Island Daniel J. Wyant, President, Edward Lowe Foundation, Cassopolis Betsy Upton Stover, Associate Trustee, FrederickS. Upton Foundation, Benton Harbor RESOLVED further that the following individuals were elected by the membership to the Board for a three-year term ending in 2010: Susan Broman, Executive Director, Steelcase Foundation, Grand Rapids Caroline E. Chambers, President, Comerica Charitable Foundation, Detroit Thomas B. Cook, Executive Director Cook Family Foundation, Owosso Carol Paine-McGovern, President, Paine Family Foundation, Manistee Thomas S. Porter, President, Porter Family Foundation, Ann Arbor Ms. Goss presented term-limited trustees Julie Fisher Cummings and Libby Maynard with resolutions recognizing their years of service to the Board. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 3 RESOLVED further that the Board of Trustees of the Council of Michigan Foundations (CMF) extends its appreciation to Julie Fisher Cummings, Trustee, Max M. and Marjorie S. Fisher Foundation, for her nine plus years of dedicated service as a Trustee of CMF, including: her leadership as Chair of the Board of Trustees, development of the Cultural Competency Plan and Organizational Analysis, implementation of Guiding Principles as a condition of membership in CMF, chairing the Family Philanthropy Committee, launching the Family Foundations Retreat, and we welcome Julie' s continued advocacy for philanthropy as a member of CMF's Advisory C abinet. RESOLVED further that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Libby Maynard, President of the Heron Oaks Foundation, for her nine years of dedicated service as a Trustee of CMF, including: chairing the Government Relations Committee, chairing two Annual Conference Committees, supporting development of the Cultural Competency Plan and Organizational Analysis, and implementation of Guiding Principles as a condition of membership in CMF, and we welcome Libby's continued advocacy for philanthropy as a member of CMF's Advisory Cabinet. Finally, Ms. Goss presented the recommendations of the Governance Committee for the Officers for the next year. Upon motions duly made, supported and unanimously approved, it was, RRSOLVRO that the following individuals be elected to the offices as specified for a one-year term effective October 23, 2007. Chairperson- Diana Sieger, President, Grand Rapids Community Foundation Vice Chair Community Foundations - Elizabeth Cherin, President, Fremont Community Foundation Vice Chair Family Foundations- Betsy Upton Stover, Trustee, FrederickS. Upton Foundation Vice Chair Corporate Foundations- Melonie C olaianne, President, MASCO Corporation Foundation Secretary - Amanda VanDusen, Principal, Miller, Canfield, Paddock and Stone P.L.C. Treasurer- Phillip Peters, Vice President- Administration and Secretary, C harles Stewart Mott Foundation President- Robert Collier Government Relations Committee Chair Libby Maynard presented the Committee's recommendations for changes to the Legislative Goals Statement dealing with both federal and state legislation. She noted that 15 members participated in the annual review. She acknowledged Congressman Camp as an instrumental leader in getting the IRA Charitable rollover in place. Upon motion duly made, supported and unanimously approved, it was �Board o f Trustees Meeting Minutes- October 22, 2007 Page 4 RESOLVED that the Legislative Goals Statement for 2008 as reviewed by the Government Relations Committee be adopted. Karen Aldridge-Eason, Office of the Governor's Foundation Liaison, updated the Board on the Government Perforn1ance Improvement Initiative. A.T. Kearney, under contract to CMF at the request of the Governor, spent five weeks collecting data per the Governor's request to improve the business economy. The firm has identified thirteen business areas and recommendations for improvement to the State's business processes and presented these recommendations to the Governor and Cabinet members. Pat Babcock and Tom Clay continue to represent CMF in this process. As the next step, the Governor's Task Force overseeing the Initiative is recommending that a second firm be retained to work on streamlining the procurement process. Annual Conference Report Ms. Rosenberg thanked the three Conference Co-Chairs for their leadership and highlighted several of the special activities this year: electronic voting at each plenary session; recognizing the Mawby and Community Foundation Awards recipients as Honorary Chairs; the pre-session on Governance with the Linda Compton the new President of Board Source, the first ever county by county wealth transfer analysis being released to the community foundations, and the debut of Joel Orosz' new book, Effective Foundation Management: 14 Challenges ofPhilanthropic Leadership and How to Outfox Them . She also indicated that the Conference is close to making budget with registrations just under 700 total for the three days. Ms. Rosenberg also commented on special marketing efforts, such as the example for family foundations included in the Board book. Mr. Smith, Ms. Colaianne, and Mr. Gilmour expressed their appreciation for the great support of sponsors and members and the work of staff in preparing for the Conference. Public Policy Committee Report Public Policy Fellow Jaclyn Miel-Uken presented the update on the work of the Committee and highlighted efforts to bring The White House Project to Michigan as a result of the annual May meeting ofCMF's affinity group, Michigan Grantmakers for Women and Girls. She noted the two calls held on regional economic development with more than 60 members hosted by the Funders on Michigan's Economy. She also reviewed the work ofthe new Arts Affin ity Group next meeting with a faci litator in November, and planned fall meetings on the Engagement Initiative in Escanaba hosted by the Community Foundation of the U.P. and a K-16 Education Briefing with the Office of the Foundation Liaison. President's Report Mr. Collier shared that the Skillman Foundation has given a one year grant to CMF to launch a new Public Policy Fellowship. Trustee Carol Goss introduced Kenita Montgomery, a recent graduate of the Ford Public Policy School at the University of Michigan, who started on September 4 as the new Fellow. Ms. Montgomery will be based at Skillman and work on neighborhood, children and education public policy at the state level with CMF and at the national level with the Neighborhood Funders Group. It is anticipated that the second year of the Skillman grant for the Fellowship will be awarded to the Neighborhood Funders Group now that the Group's new President has been hired. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 5 Mr. Collier reported on the new website: michiganfoundations.org and acknowledged Kathy Ginocchio's leadership in launching this new website- the first in what will be a new platfonn for regional associations nationwide through the Forum of Regional Association of Grantmakers. He noted that the Michigan Oral History Project, being completed through a partnership with Story Corps, the Jolmson Center and Michigan Public Radio, will feature four stories of Michigan grantmakers the week of October 29 on Michigan Public Radio. Special Guest- Henry A.J. Ramos Ms. Goss, Chair of the Governance Committee, introduced Henry Ramos, Director of the national Diversity in Philanthropy Project, who shared an overview of the 2-year initiative. This is a voluntary effort of over 30 leading foundation trustees, senior staff and executives committee to increasing diversity through open dialogue and strategic action with the following priorities: • Voluntary peer support • Transparent and actionable data • Tools, best practices and talent Mr. Ramos acknowledged the support of the W .K. Kellogg Foundation and the C.S. Mott Foundation. Ms. Goss noted that the data shared by Mr. Ramos is helpful to the CMF staff and Board as we implement our cultural competency plan. Adjournment Chair Sieger noted the next regularly scheduled meeting of the Board of Trustees will take place Tuesday, February 12, 2008 in Lansing. There being no further business to come before the Board, Chair Sieger adjourned the meeting at 5:15p.m. Diana R. Sieger, Chairperson Robert S. Collier, President � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book previous board minutes Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book previous board minutes. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50721 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/d2e16475d19a3afd4156e4ee84f8703e.pdf 2bb3d1aa65bdffec470c76ef1c57604f PDF Text Text CMF Council of Michigan Foundations Serving grantmaker5. Advancing giving. February 1, 2008 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report I am taking a new approach to the President's Report in 2008 by organizing it around our six core goals that serve as the basis for our Strategic Plan. As noted in the Agenda, I will ask: Carol Paine McGovern to report on the Government Relations Committee under Advocacy, Kathy Ginocchio to remind us of the value ofmichiganfoundations.org under Educate, Dave Egner and Jaclyn Miel-Uken to report on the Public Policy activities under Lead, and Caroline Chambers and Rachel Mraz to comment on the Annual Conference under Network. As usual there is so much to share. I. ADVOCACY STRATEGY- To advocate for goals in Legislative Statement supporting a legislative and regulatory environment conducive to philanthropy January 22, 2008 - Government Relations Committee Conference Call The Committee met with members ofCMF's affinity group Funders Concerned about Michigan's Economy to be briefed by Duane Tamacki and colleagues from Clark Hill and Becky Bechler, lobbyist from Public Affairs Associates, on the proposed amendment to the State's Limited Liability Act for creation of a Low-profit Limited Liability Corporation (L3C). Attached are three documents from Clark Hill- a memo describing what an L3C is, an email offering two examples of how it could be used by foundations, and the draft Bill language. The CMF Board approved this as a goal at last October's Board Meeting. There was consensus by all on the call that CMF should go forward in introducing the legislation. Since the call, with Becky Bechler's help, I have met with Senator Jason Allen, Chair of the Commerce Committee, who has agreed to introduce the Bill. While he is making it a priority, testimony before his Committee is unlikely before March. March 4-5, 2008 - Foundations on the Hill Also attached is the information on Foundations on the Hill. We are excited about having a special tour at the Museum of the American Indian to start our Hill visits. With extension of the IRA Charitable Rollover, the domestic Hedge Fund issue, the L3C legislation noted above, and the Donor Advised Fund Report from the Treasury, there is plenty to discuss with our Members of Congress. We are pleased to have nearly 30 registered, but are seeking more CMF members to join us from targeted Districts. II. EDUCATE STRATEGY - To provide programs, resources and technical assistance �President's Report February 2008 Page 2 November 12, 2007 - Family Philanthropy Symposium CMF, in partnership with the Community Foundation for Southeast Michigan, was delighted to host 25 family philanthropists for one of the ten nationwide "conversations" on the challenges and opportunities of family philanthropy. Led by Ginny Esposito, the founder and president of The National Center for Family Philanthropy, the series of mini-symposia, marking the Center's l01h anniversary, will culminate in a national symposium and book in 2008. November 13, 2007- Green Collar Jobs and Clean Technology Innovation Forty participants came to hear Lauren Bigelow, Managing Director of the Cleantech Network™, talk about creating new green collar jobs and their potential for encouraging economic development in Michigan based on principles of sustainability. The moderator was Oran Hesterman, Fair Food Foundation. December 11, 2007- The Arts: Venerable and Vulnerable Seventy-seven grantmakers gathered at the Detroit Institute of Arts to learn about the innovative solutions that the region's arts organizations are developing in order to sustain their work in this most challenging of economic times. Following a welcome by Graham Beal, Director of the DIA, speakers included Steve Hamp, Chair, and Maud Lyon, Founding Director of the Cultural Alliance of Southeastern Michigan; and Mike Latvis, Director of Advocacy, ArtServe Michigan. The moderator was Douglas Bitonti Stewart, Max M. & Marjorie S. Fisher Foundation. January 8, 2008 - Michigan First Health Plan Janet Olszewski, Director, Michigan Department of Community Health, presented an update of Governor Granholm's 2006 Michigan First Health Plan that would harness state, federal and private resources to give over 500,000 uninsured Michigan citizens access to affordable private health care. Forty-nine grantmakers joined in this important discussion of health care in Michigan. The moderator was Elizabeth Greaves-Hoxsie, Blue Cross Blue Shield of Michigan Foundation. November 15, 2007- January 10, 2008 - Family Philanthropy Teleconference Series The following topics were featured in the monthly teleconference series which is free to CMF members: The Giving Family: Involving Children in the Family's Philanthropy (Nov. 15, 2007) Understanding the Impact of Family Philanthropy (Dec. 13, 2007) The Lawyer Is In: Legal Issues for Family Foundations (Jan. 10, 2008) January 14-15 -What's Role Got to Do With it?. Kalamazoo Twenty-seven members participated in "What's Role Got To Do With it?,", a workshop led by Jan Jaffe, project leader, GrantCraft and Bill Ryan, Hauser Center, Harvard University. Participants ranged from newly hired program officers to foundation CEOs. 80% of participants gave this highly interactive workshop ratings of excellent or very good in tenns of its usefulness in increasing the effectiveness of their work. We are grateful to The Fetzer Institute which provided housing, meals and meeting space for the workshop and the Retreat Reunion discussed below at Seasons, the Institute's retreat center in Kalamazoo. �President's Report February 2008 Page 3 January 15-17- Heart of Philanthropist Retreat Reunion, Kalamazoo Five members and Vicki Rosenberg participated in a reunion of participants in the Heart ofthe Philanthropist Retreat series conducted by The Fetzer Institute and CMF from 2002 through 2004. The original series, based on a model used with K-12 teachers across the country, was designed to teach participants to be reflective about their work and to strengthen connections between their personal and professional lives to improve the quality of both. January 14-18- YAC Advisor Roundtable Discussions Fifty Y AC Advisors, representing over forty community foundations, engaged in the 2008 YAC Advisor roundtables. Over the course of the week, three Experienced YAC Advisor calls were offered as well as two New YAC Advisor calls. Participants shared success stories and brainstormed ideas for how to meet the Best Practices. Mike Goorhouse presented an overview of opportunities for collaboration and training during the 2008 calendar year, and reviewed state-wide goals for the Michigan Community Foundations Youth Project (MCFYP). January 31 - SE Michigan Program Officers' Roundtable luncheon The January Program Officers ' luncheon was hosted by the Community Foundation for Southeast Michigan (CFSEM). Participants learned about the unprecedented growth experienced by CFSEM, increasing its grantrnaking from $25 million in 2006 to over $45 million in 2007, where the growth is coming from and the new projects being developed as a result. February 2-3 -Michigan Community Foundation Youth Project (MCFYP) Committee Retreat The MCFYP Committee, comprised of twelve youth and three advisors fro m Community Foundation Y ACs, met face-to-face at the Sherman Lake YMCA camp for their annual retreat. They spent time developing facilitation and board service skills while establishing the goals and objectives for state-wide technical assistance. In addition, the committee began to plan the content for the 2008 Youth Grantrnakers Summer Leadership Conference to be held June 27-29 at the University of Michigan. They were honored to have been joined by Russ and Lou Ann Mawby for dinner on February the second. www.michiganfoundations.org Redesigned with more resources, new functionality, a sophisticated new look and a brand new name, CMF's web site- michiganfoundations.org- officially launched in late fall 2007. Developed as part of the Forum of Regional Associations ofGrantmakers' Knowledge Management Initiative, it is the first fully-integrated web site to launch on the shared software platform. Several other regional associations of grantmakers will follow in our footsteps later this spring. Altogether, almost half of the regional associations in the country are contributing to the software and development costs for a shared member database, website development platform, and comprehensive knowledgebase of resources for grantmakers. Highlights: • Knowledgebase- the best resources from the network of 32 regional associations and other • Enhanced Member Directory - expanded search criteria and access to CMF member individuals • Online event registration and purchasing of CMF publications- secure, flexible, convenient • Individual member access - members can update their contact information, communications preferences, and create their own username and password • Automated usernan1e and password retrieval system �President's Report February 2008 Page4 Since launch, hundreds of members have registered for events, accessed member-only materials and contacted colleagues through these new functionalities resulting in a decrease in CMF staff time fom1erly needed to manage these transactions. During December 2007 and January 2008, Kathy Ginocchio, director of technology, hosted two members-only orientations to the new web site. Similar training will be offered as CMF adds additional enhancements such as shared work spaces for members. III. INCREASE STRATEGY- To provide programs, resources and technical assistance to build the capacity of community foundations In February, over 50 community foundation CEOs from Ohio and Michigan will attend the 3rd Annual joint retreat to be held in Detroit. Topics for this year's retreat include the Transfer of Wealth Analysis, Access to Recreation, and Civic Capacity and Cultural Competency. In March, Michigan community foundation Program Officers w ill gather in Kalamazoo, MI for their retreat IV. LEAD STRATEGY- To educate members through programs and resources Enclosed is a two-page report from The Public Policy Committee STRATEGY- To contribute to national and global dialogues on advancing community philanthropy Donnell Mersereau presented at two Transatlantic Community Foundation Network (TCFN) Peer Exchanges since our last board meeting. The first TCFN Peer Exchange in Victoria, B.C. in November 2007 focused on community indicators as a unique way to inform community foundation grantrnaking and their role in the community. The overall learning objective was to identify key requirements for an effective indicator program. Issues studied were data collection and interpretation, indicator selection, community consultation and engagement, publication of indicator reports as well as the subsequent evaluation process. Participants from Canada, the United States, the United Kingdom, Ireland, Italy, the Czech Republic, Slovakia and Germany discussed these issues on the basis of individual case studies. Donnell Mersereau presented NOVAH© a new- patent-pending- project of the Grand Rapids Community Foundation in Michigan and the Community Impact curriculum created by the MCFV R&D Incubator. Discussion at the Peer Exchange showed that indicators are an excellent way of understanding what is happening and what is important in local communities. Donnell remained in Victoria to lead a strategic planning session with the staff and board of trustees of the Victoria Community Foundation. "From Donor Services to Donor Engagement" was the theme of the second TCFN Peer Exchange which took place in Bruges, Belgium in November, 2007. The meeting was hosted by the Community Foundation West-Flanders (Streek Fonds West-Vlaanderen) and focused on strategies for emerging community foundations to approach and engage donors. Donnell Mersereau's presentation focused on how board members of a community foundation can be engaged and motivated to play an active role in this process. Participants from the United States, Canada, Mexico, the United Kingdom, Poland, Latvia, �President's Report February 2008 Page 5 Spain, Belgium and Germany presented several case studies that addressed these issues and further explored them in small breakout groups and plenary discussions. Discussions were further enriched by the active participation of several board members of the Community Foundations West-Flanders who shared their views and experience as ambassadors of the community foundation. Donnell was invited to represent MCFV on the Council on Foundation's (COF) Knowledge Management Exploration Team. Knowledge management is the process by which an organization captures, analyzes, and makes available intellectual capital in and among organizations. Improving knowledge management and encouraging cooperation among foundations have been identified as central to the strategic goals of the COF's Community Foundation Leadership Team (CFLT). According to the CFLT 2007-2010 Plan of Action, community foundations "need an effective vehicle for mutual learning and collective impact" and should "act as a field by coordinating and linking their work." The Knowledge Management Exploration Team met in Washington DC in November to help CFLT to effectively connect community foundations and ensure that the field is moving forward together through collaboration and information-sharing. In February, Donnell Mersereau, in partnership with MCFV and Ohio Grantmakers' Forum, will work with COF staff to process over 100 Community Foundation National Standards submissions for compliance. Immediately following her week in DC, Ms. Mersereau will travel to Indianapolis, IN to participate in a strategic planning session for COF's Standards Action Team to revamp National Standards for the re-certification process in 2010. IV. NETWORK STRATEGY - To provide programs and resources 36111 Annual Conference, October 12-14,2008, Grand Rapids We have advanced the planning process for the Annual Conference with leadership from CMF trustees, Caroline Chambers and Rachel Mraz and member Milt Rohwer who are serving as co-chairs. The conference will continue to focus on Transforming Michigan with a new subtitle developed to reflect the proactive leadership foundations are taking. The first Meeting of the Conference Committee was held on January 29. An eye-catching save-the-date card (copy in the back pocket of your Board notebook) has already been mailed to about 5,000 foundation staff and trustees. The Capitol Steps have been retained for our Opening night event at the Amway Grand. The Grand Rapids Art Museum will be the site for the Monday evening event. Our goal is to have the Conference registration brochure mailed in May- two months ahead of last year's schedule. The Conference goals are to: o Provide participants with opportunities to reflect, refresh, and network with peers; be exposed to the latest knowledge and issues facing philanthropy; and learn at least one new skill or resource to help them be more effective. o Design an event that recognizes, honors and welcomes all participants in line with our goals for cultural competency o Attract 310 full and 240 paid registrations o Secure $165,000 in sponsorships and $26,000 in exhibitor fees. (Draft sponsor and exhibitor fonns are included in the back pocket) �President's Report February 2008 Page 6 The conference schedule has been redesigned to begin with an opening keynote at 4:00pm on Sunday, October 12 and to end by 3:45pm on Tuesday, October 14, 2008. The Board Meeting will still take place on Monday afternoon, October 13. Conference planning and implementation is being handled by a team with roles are as follows: • Kathy Ginocchio, logistics • David Lindberg, sponsorship and exhibitor recruitment • Becky Noricks, marketing • Vicki Rosenberg, program VI. PROMOTE STRATEGY- To provide leadership for coordinated regional/national communications on the sector Michigan Philanthropy Oral History Project (MPOHP) Clips of four Oral History Project recordings were broadcast the week of Oct. 29 through Nov. 2, 2007 during the 7 a.m. hour on Michigan Radio stations WUOM 91.7 Ann Arbor/Detroit, WFUM-FM 91.1 Flint and WVGR 104.1 n 0 p· Grand Rapids. They included those of Russ Mawby, chairman emeritus, W.K. IORA L HISTO R Y P RO J E C T Kellogg Foundation with Kari Pardoe, fom1er youth grantmaker; John Frey with daughter Ellie, The Frey Foundation; John Colina with daughter Jomie Goerge, Colina Foundation; and Katelin Griffin with Breannah Alexander, youth grantmakers from community foundations serving Eaton County and Saginaw. If you missed the broadcasts, you can listen to or download them as MP3 files online at www.michiganfoundations.org/oralhistoryproject. hi I a nth r y Becky Noricks, communications specialist, is working with project partners on planning spring 2008 recordings, future broadcasts and agreements for the Project archives which will be held at the Steelcase Library at Grand Valley State University through CMF' s partnership with The Johnson Center for Philanthropy and Nonprofit Leadership. Philanthropy 3D Project/Michigan Work has begun on the 3D Project with the November 2007 receipt of funding from the The David & Lucille Packard Foundation ($75,000) and the Forum ofRegional Associations ofGrantmakers ($20,000). The project is a research and development project of the Philanthropy Awareness Initiative (P AI) and a partnership with the Donors Forum of Wisconsin and Indiana Grantmakers Alliance. Through 3D, CMF will develop and test a strategy for improving influential state leaders' understanding and appreciation for the knowledge resources foundations offer to solving critical issues. The focus of the pilot is increasing Michigan 's economic competitiveness. The project bu ilds on the history of foundation-state relationships and partnerships as exemplified in the relationship building, knowledge sharing, strategy development and mutual leadership for early childhood. The project evaluation will be conducted by the Community Research Institute at the Johnson Center. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book presidents report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book presidents report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50720 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/68d83737da8908d21143b797f36162f2.pdf 4410da7e3fba26d7ea2260fedd20fbf5 PDF Text Text CMF Council of M ichigan Fou ncfat ions Serving grantmakers. Advancing giving. February 2, 2008 Memo to: Members of the Board ofTrustees From: Diana Sieger, Chairperson, Rob Collier, and Dave Lindberg Re: 2008 Proposed Plan of Work The following Resolution is presented for your consideration and approval. RESOLVED that the 2008 Plan of Work, as reviewed by the Executive and Audit Committees, be approved as presented - a copy of which is enclosed. Background Enclosed is a BIG one page summary of the Plan of Work that indicates both Highlights this year and proposed NEW Activities for the 2008 year. We will have a PowerPoint presentation at the Board Meeting so do not strain your eyes with the fine print. This Plan of Work is built on the Board approved Strategic Plan. As indicated in the Minutes ofthe Executive Committee, there are no substantive changes in the goals, objectives and strategies. The key points from the standpoint of resources are: • • • Staff will be added to handle corporate services and the Diversity and Inclusion Initiative. While a regional approach is going to be taken to reinvigorating the Membership Committee, outside grant support will be needed for the positions of Vice President Membership and West Michigan Family Foundations Coordinator. The Office of the Foundation Liaison will need to be refinanced in order to continue beyond October I, 2008 But CMF has a long track record of leveraging resources. As we begin our 361h year, the opportunities to bring increased value to our members through the partnerships in this Plan are exciting. After the Plan of Work you will find a summary of key partners: BoardSource, GrantCraft, GEO, the Diversity in Philanthropy Project and the Johnson Center. We look forward to discussing this Plan of Work with you. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Overview of GOALS ADVOCATE for a legislative and regulatory environment conducive to philanthropy OBJECTIVES Achieve goats of legislative statement (updated annually) STRATEGIES 1. Advocate for goats in legislative statement 2. Represent Ml p hilanthropy w ith state and federal government 3. Educate policymakers about the philanthropic sector EDUCATE foundation trustees and staff abOut effective practice Increase foundation trustees and staff knowledge and skills in: administration, advocacy, communications, cultural competency. finance/investment, fund development governance and grantmaking Provide programs. resources and technical assistance INCREASE organized Increase the number of professional ad.-isors who understand a nd e ncourage clients to gi.-e 1. Pro.-ide programs, resources and technical assistance philanthropy in Ml I,H""e""lo""ra""'m"'me""•~.;""od"";,""ld,..."'"''•"'•"'"od'"o""o"'ro""or""au"" ·o o""•-w""ith'"'t""he"' ;,--12. Pro.-ide individualized on-site consulting giving options Build capacity of Ml comm. foundations to attract, serve and retain donors LEAD and support collaborative philanthropic responses to critical needs Increase member foundations' engagement in public policy 1. Educate members through programs and resources 2. Support & facilitate individual and collective member action Respond to members' requests for help with special projects 1. Serve as fiscal agent for public private partnerships 2. Increase capacity of Midwest community foundations through Mid west Community Foundations' Ventures (MCFV) 3. Contribute to national and global dialogues o n ad.-ancing community philanthropy NETWORK Michigan grant makers with each other and with grantseekers Strengthen the network of Michigan grantmakers t _Provide programs and resources 2. Build partnerships with national Iunder affinity groups 3. Partner with MNA and others on Michigan events Improve grantseekers understanding of Michigan philanthropy PROMOTE the role and i mpact of M l foundations and corporate giving programs Raise the visi bility of CMF members and CMF 1. Provide leadership for coordinated regional/national communications on the sector 2. Publish article s, reports and studies Mission: To strengthen, promote and increase phlltmthropy in Michigan. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Inform members about issues affecting the field. bes t practices and member activities OPERATE a model membership association Maintain a sustainab le membershi base Operate effec tive governance system 4_ Engage In media relations 1. Retain and recruit members 2 . Operate Board & Committees using best practices (Audit. Community Foundation. Corporate, El(ecutive. Family, Governance. Government Relations, Investment, Membership, ~0<:0:::.,:::,.::-e"'•t" t 10 ::c u"' 1,,...-lPubllc Policy, Supporting Organizations ) 1.:::.,::.;; 11:::"":::""-';o"'oo"'a"od:-:,:::,,::c1e::m::,-:eff"-e"'c·,.::-; a nd efficiently 3. Finance & Administration. Human Resources. Technology. Communications /Mart<.eting; Organizational DevelOpment· Strategic Planning Mission: To strengthen, promote and increase philanthropy in Michigan. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Mission: To strengthen, promote and increase phlltmthropy in Michigan. IY08 Goals Objectives Strategies Ongoing Activities & Proposed New Activities ONGOING ACTIVITIES Education of Ml legislature (with contracted support from Public Affairs Associates) PROPOSED NEW A CTIVITIES FY08.09 National: Revisions to Form 990-PF; IRS white papers on donor advised funds and supporting organizations: extension of IRA Charitable Rollover (1)CEO service on NPO Advisory Committee to State Attorney General; Public Polley o r Government Relations Committees of MI\A, United Way of Ml, Independent Sector, COF, Forum of Regional Associations; (2) testifying to legislative committees upon request: (3) building/maintaining relationships with relevant committee chairs. House/Senate leadership, and Ml Congressional Deegation State: Revisions to the Charitable Solicitation Act; passage of UPMIFA; revisions to the Michigan Nonprofit Corporation Act; revisions to the MBT Tax Credit: Passage of l3C legislation Targeted meetings w ith members and Lansing pollcymake rs on the MBT and L3C legislation Foundations on Hill with members; co-sponsor Nonprofit Day; Fellowship; p roviding Ml Foundation Directory/Update and d istrict· specific information to policymakers Programs: 60+ ongoing Programs o n Diversity & Inclusion: D iversity & Inclusion CEO Focus Group; Cultural Competency Institu te with Alliance for Nonprofit Management; Diversity and lndusion K nowledge Symposium w ith Diversity in P hilanthropy Project Resources: michiganfoundations.org, e-newslelters. publications. information services and resea rch TeChnical Assh\tance: on-site. by phone. web-based and through partnerships Other programs offered through partnerships: Communications Webinars with Andy Goodman: Being an Effective Board Chair w ith BoardSource; How Grantmakers Learn with G rantCraft; General Operating Support Roundtable with GEO Resource Updates: Creating and Managing a Family Foundation, Scholarship Guide; Corporate Giving/Matching Gift Guide St2te associations (lawyers, CPAs): offer workshops: provide C LE and CPE credits: provide technical assistance Pilot workshop w ith Financial Planners Association Publish annua l update on Est. a Charitable Foundation Offe r special ha lf-day seminar for Professio nal Advisors at the Annual Conference o n Establishing a Charitable Foundation in Michigan Market CMF to advisors via ads/personal outreach as resource for clients Professional services on fund development. strategic planning. technology and legal Public Policy Committee briefings (3). affinity g roup events (1 per group) Assi st M ichigan Department of Human Services with Child Welfare Reform Initiative Partner w ith OFL. nominate members for state commissions/committees; facilitate affinity and Iunder network groups: Aging, Land Support Skillman NeighborhoOd Initiative fOf family foundations Use, K-12, Arts, Early Matters, Economic, Women & Girls, Be Ready by Five Hold Summit Meeting on State Economy Fiscal Agent Office of the Foundation liaison, Early Childhood Investment Corporation Continue support of Asset-Building Polley P rojflCt through CEOAM MCFV Initi atives: Molt Regional Marketing: Kellogg Access to Recreation: Transfer of Wealth Na :ional & International: Yo uth grantmaker technical a ssistance outside of Ml: host i nternational visitors; Wor1dBank Global Fund, W I\IGS. TCFN Programs: Spri ng Regional Members Meeting. OAG, Ml Evening · COF and Communicatio ns Netwo rk Conferences. Mt FOfum of Afrcan American Philanthropy, Communications Network-Michigan Pilot regional family foundation lunch gatherings Update Common Grant Application for Web Re sources: column on Ml P hilanthropy for MNA links, present at grant writing/seeking workshops: Ml Foundation Directory & Up jate Invite Philanthropy Roundtable to sponsor session at CMF 36th Annual Conference Events: co-sponsor MNA Nonprofit SuperConference Serve on Committee$/Task Forces (Forum/COF Communications Collaborative, Accountability & Effectiveness Task Force. Conmunications Network Board) G i\ ·i ng & Volunteering Study with MNA Assist Detroit Renaissance i n serving Business Contribulions Council Hold corporate event for Senior VPs ·very visible· to highlight and honor corporate contrib utions staff tra ined by Boston College partnership �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Mission: To strengthen, promote and increase phlltmthropy in Michigan. Ml Philal'lthropy Oral Hi story Proj ect Coordinate Philanthropy 3D-Michigan Project • partn&ring with W isconsin a nd Indiana NeNsWire (weekly), E-News (monthly); Memo to Members/Family Philanthropist insert (Jx); Member Alerts PrOduce State of Givif19 in Michigan Report C01tact w ith each member a nnually Form regional membership committees for retention and recruitment Introductory packets to new foundations cert1fled by Dept. of Labor and Economic G rowth l aunch Transforming Michigan Philanthropy through Diversity and Inclusion (year one out of five) Cowene Board 3x a year and committees at least once annually. board traini ng on cultural competency Annually: audit. budget process, performance reviews. review of personnel policie s �Proposed FY2008-2009 Plan of Work as of 2.4.08 FY07 HIGHLIGHTS Co1tinuabon of CF tax credit lot businesses under MBT in lansng lntJoductJon of l3C legis'-lion In Lansu.g Sh..dy on private loundallon excise tax Extension of IRA CNritabla ROllOver In Wuhington Essen/JIJI $lulls and Strategies for New Gran/makers • New Curriculum rollout in Michigan • 49 participants Fint·aver Communications NetwOfk·Michigan Event GuntCralt WorkshOp: What's Role Got to Do W llh It? r.p,s and Tools for Michigan Foundations distributed to all Michigan nonmember private foundations ASJIS!ed Google on corporate gfvlng In Ann ArborM'ashtenaw County Upjated Professional Adv•sors area on mlchlganfoundations.Ofg Co,pleted county·by-oounty Transfer of w ..lth analysis for Ml, IL and OH through MCFV Expnded edUCIItion atfinlty group. K-18, to include community colleges Skllman Foundation funded new public policy fellowship tied to the nabonal Netghborhood Funden Group Re::.Ned funding 1o launch Diversity & Inclusion initiative MCFV Accesskl RecreatiOfl funded 21 community 10\I'W:Iabon grants totaling $7,780,000 in MI, IL, IN & OH Oo,neu Mersereau, Chair, Grant Review Committee Met Member. Management Committee. WINGS GlObal Fund I·Cih::kers a t Annual Conference Introduced new learning experience COTimunlcaUons Network·Michlgan launched as new a ffinity group Gr1nt Resources Face 10 Face· a grant workshop tor 300 nonprofits in the Detroit area in cooperation with Senator Levin's office La unched new web aile with new domain: mlch•ganfoundat.ions.org Re::eived Packard and Forum grants lor Phlenthropy-3D Michigan Project 4 Wlchigan Philanttvopy Oral Hlllory stories broadcasted on Michigan RadiO in October 2007 Mission: To strengthen, promote and increase philanthropy in Michigan. �Proposed FY2008-2009 Plan of Work as of 2.4.08 2 t.ewsWire articles picked up by two partner publications in 2007 (COF, W a shington Grantmalters) Re::onsbtuting Membership Comm•Uee. cr. .bng ragKINII chairs fCK s tatewide outreach Etlebllshed a $600,000 operat.ng endowment fund, a first in the Regional Assoc•ahon field Further d•vers•fled the Investment portfotiO with Alternative Funds Staff training on l acing racism and generational differences Mission: To strengthen, promote and increase philanthropy in Michigan. �CMF Council of Mich igan Foundations Serving grantmakers. Advancing giving. Pk J Wor£Hi .ll!dfh 7 ,2007-200J "J ' Board of Trustees Meeting - February 13, 2008 1 �• Continuation of CF tax credit for businesses under MBT in Lansing • Introduction of L3C legislation in Lansing • Study on private foundation excise tax • Extension of IRA Charitable Rollover in Washington "CMF is recognized nationally as a leader in the field ofphilanthropy, providing not only tremendous service to its own members, but as a voice of reason and integrity with Congress." • Revisions to Form 990-PF • Revisions to MBT Tax Credit • Passage of L3C legislation �• National rollout of Essential Skills & Strategies for New Grantmakers (ESS) curriculum - 49 participants • GrantCraft Workshop: What's Role Got to Do With It? • Tips and Tools for Michigan Foundations distributed to all Michigan nonmember private foundations "I can't emphasize how much the ESS is helping me. I was struggling to come up with a 'docket' for evaluating grant requests and a format in the materials is working very well.• • Diversity & Inclusion: - CEO Focus Group - Cultural Competency Institute with Alliance for Nonprofit Management - Knowledge Symposium with Diversity in Philanthropy Project • Being an Effective Board Chair with Board Source • How Grantmakers Learn with GrantCraft • General Operating Support Roundtable with GEO �• Assisted Google on corporate giving in Ann Arbor/Washtenaw County Go • Completed county-by-county Transfer of Wealth analysis for Ml, IL and OH through MCFV "Once again, CMF has provided an immeasurable service to our community foundation. We are ever grateful for your guidance and leadership!" • Pilot workshop with Financial Planners Association • Annual Conference seminar for professional advisors on Establishing a Charitable Foundation in Michigan �"\.I I - - • MCFV Access to Recreation funded 21 community foundation grants totaling $7,780,000 in Ml, IL, IN & OH • Received funding to launch Diversity & Inclusion initiative "It is surprising how many things CMF is involved in on behalf of its members. It is a terrific resource of information, helps form strategic partnerships between members and state officials and is simply there whenever a foundation has a question or a problem. That is the mark ofa great association." • Assist Michigan Department of Human Services with Child Welfare Reform Initiative • Support Skillman Neighborhood Initiative for family foundations • Hold Summit Meeting on State Economy Continue support of Asset-Building Policy Project through CEDAM �Communications NetworkMichigan launched as new affinity group -first statebased affiliate in the nation Grant Resources Face to Face - a grant workshop for 300 nonprofits in the Detroit area in cooperation with Senator Levin's office !-Clickers at Annual Conference introduced new learning experience "It was a wonderful and timely opportuni ty for me to meet and connect with other foundation communication professionals. Thank you!" Pilot regional family foundation lunch gatherings Update Common Grant Application for Web Invite Philanthropy Roundtable to sponsor Annual Conference session �• Received Packard and Forum grants for Philanthropy-3D Michigan Project • 4 Michigan Philanthropy Oral History Project stories broadcasted on Michigan Radio in October • 2 NewsWires picked up by partner publications (COF, Washington Grantmakers) Mt CHl GAN PohliJgJttp~ore9rP Y "It's a wonderful experience to know that you are recording your thoughts and experiences for others to hear and learn from now and into the future. / was honored to help launch this truly amazing project." • Assist Detroit Renaissance in serving Business Contributions Council • Launch Michigan Philanthropy Oral History Project Archive at the Johnson Center • Coordinate Philanthropy 3D-Michigan Project - partnering with Wisconsin and Indiana • Produce State of Giving in Michigan Report �• Reconstituting Mem ership Committee with regional chairs for statewide outreach • Established $600,000 operating endowment fund, a first in the regional association field • Further diversified the investment portfolio with alternative funds • Staff training on facing racism and generational differences 'The research assistance you provided is wonderful and a great help. I don't know how I would have been able to complete this project without you (and certainly not in such a timely fashion). Thank you so much." • Form regional membership committees for retention and recruitment • Launch Transforming Michigan Philanthropy through Diversity and Inclusion (year one out of five) �michiganfoundations.org • GetCo<lnect ed Gov. Granholm c1tt<S the work of M\chig&n foundiltloos OJS iM prcpO!-tsa newl1stcenturv e duca.l:iona.t initiati'~eaimed at r e ducin!! th~ high-~oehoot drop-<lut r4te, pi"OI.Iid1ng new • Join(H,f " AEiendhenU / opportunitles forthestate'sworldorcea.nd s purri111: newand ~ R~~d NeW5 5U~t..inob'-' economic: !lrcwlh lhr~h ~He r ..ducatian. ~ ~ search Mem-ber New M1chq;~1n ABFE Fel1owa Strrv• To Engage More Atncan-Amencanaln Philanthropy P05.t.o.d: 2/112008 · C1Jif NE-wsWin• Eneaei~ more i ndMdum of cclor in the work of philanthropy 1s ~ bP'orc (;Nom; Option:. Direc tory Manage lndividua ~ Edvcatio.,al ~rams • Pr~h '~ . 'kt.borations Pre,feren•cejr, • G"""m......,.,t l>if,,;,... • Effectt<~e P'ra.cDce • .wcMq,..nPhllan~i ~ Find A Job • Se.vch Knowledeeb~ one of the 11uin so.b. for two Mich~n foundation staff who h•ve been selo<;tild fer the 2003 Association of Black Found~tlon Exec:utivel' ConoecM!I Le.,det"'l. f.,llgw<hip PrO!Vam. ~ Foundations on the Hill Need to Kno"¥1 More About • Found~tio"s' Support for Mentorin~ Program~ Buitds i n March 4-5\ 2008 the U.S. 'The new online registration process is a breeze!" �CMF Council of Michigan Foundations Organizational Chart Serving gr'Oiftmakers. Ad11011cing giving. Special Projects Board of Trustees Midwest Community Foundations' Ventures (MCFV) Michigan A IDS Fund (MAF) �PARTNERS BOARDSOURCE Mission: BoardSource is dedicated to increasing the effectiveness of nonprofit organizations by strengthening their boards of directors. Web site: http://www.boardsource.org/ GRANTCRAFT Purpose Statement: GrantCraft is a project of the Ford Foundation designed to encourage conversations and reflection about the practice of grant making. Grantrnakers' practical wisdom is distilled into guides, videos, workshops, and other tools that present the practitioner's view of philanthropy. Web site: http://www.grantcraft.org/ GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS (GEO) Mission: GEO's mission is to maximize philanthropy's impact by advancing the effectiveness of grantmakers and their grantees. Web site: http://www.geofunders.orglhome.aspx DIVERSITY IN PHILANTHROPY PROJECT Mission: The Diversity in Philanthropy Project is a voluntary initiative of over 30 leading foundation trustees, senior staff and philanthropy network executives committed to increasing diversity through open dialogue and strategic action. Web site: http://www.diversityinphilanthropy.com/about_ us/ DOROTHY A. JOHNSON CENTER FOR PHILANTHROPY AND NONPROFIT LEADERSHIP Mission: As an academic center, we improve communities by the application of knowledge, which unleashes the power ofnonprofits, foundations, and individuals. Web site: http://www.gvsu.edu/jcp/ � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Plan-of-Work Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book plan of work Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book plan of work. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50719 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/4baac7816664b5c3c2fcbb71a0931b96.pdf 269212310fc75c84d4f7c170b3c96f0f PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: January 30, 2008 To: Diana R. Sieger, Chair and Members of the Board of Trustees From: Rob Collier, President & Jeri Fischer, Membership & Special Projects Director Re: Membership Report The following resolution is presented for action. RESOLVED that the following grantmakers be approved for membership: Fair Food Foundation, Ann Arbor Dr. Oran B. Hesterman, president & CEO • Formed in January of2007 with a mission to create equity in access to healthy, fresh and sustainably-grown food in vulnerable urban communities. Between $ 12 and $20 million will be awarded annually. The Art and Mary Schmuckal Family Foundation, Traverse City Arthur M. Schmuckaf, president • Established in 1999 with primary grantmaking locally. Current assets are $4.6 million with grants of more than $260,000. In 2005, the Schmuckal family served as our honorary chairs at the 33rd Annual Conference. The Fred A. and Barbara Erb Family Foundation, Binningham John M. Erb, president • Founded in 2007 with current assets of $7 million. Activity Summary for period April 1, 2007 through January 30, 2008 Memberships at 4/ 1107 New members Dropped Membership at 1/30/08 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 405 9 17 397 340 86% $ 995,875 29 $ 190,960 �Membership Report January 30, 2008 Page 2 Summary of current membership The following chart summarizes the current membership composition of397: Private: 227 Family Foundations Independent Foundations 171 56 96 Community: Foundations Affiliates Donor-Advised Funds 56 Foundations Giving Programs 25 22 33 7 47 Corporate: Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 19 18 1 8 7 1 397 397 Dropped from Membership These 17 members are being dropped for four primary reasons: 4 are out of state 2 are going out of business 5 are not grantmaking 5 have no interest in participating 1 is covered by a different membership Charles Anthony Foundation (limited assets, no participation) The Batts Foundation (no interest/participation) Cable Communications Public Benefit Corporation (no grantmaking) Earhart Foundation (going out of business, did not like CMF Principles) Fifth Third Bank (foundation joined, no need for corporate giving representation too) Marshall M. Fredericks Foundation (out of state CA, no participation) Free Press Charities (out of business) Clarence and Jack Himmel Foundation (no interest/participation) Loomis, Sayles & Company, L.P. (no grantmaking) Michigan Humanities Council (no grantmaking) Sid Mittra and Bani Mittra Family Foundation (no assets or grantmaking) Nartel Family Foundation (no interest/participation) Pfizer Corporation (corporate headquarters in New Jersey, no participation) Sinai Medical Staff Foundation (single interest foundation, no participation) Tapestry Foundation of M ary Carmel and Thomas Borders (out of state TX, no participation) Target (out of state MN, no participation) Winship Memorial Scholarship Foundation (no interest by new contact person) � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Membership-Report Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50718 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/2b84d1a1f62434bcccc09292f0f27446.pdf 41d79899f93d6f6c842f2d044e4262fe PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier David Lindberg RE: Proposed Membership Investment Increase 2009-10 The following resolution is proposed for your consideration and approval. RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting Apri11, 2009. Background The last increase in membership dues became effective with the fiscal year starting April 1, 2004. At that time it had been nine years since a dues increase, so a 20% increase was instituted to make up for the lack of adjustments over the years. After reviewing the latest three year projection, a copy of which is attached, management is recommending a 10% dues increase effective April1, 2009. Action on this recommendation is being requested now to allow sufficient time for the Membership Committee to examine the Dues Structure and bring proposed changes to the Board of Trustees in May, and the Communications Task Force has time to develop a communications plan for the staff to implement at the October Annual Meeting. Projection 2009-10 to 2011-12 Key items to note in the attached three-year projection: Membership Investment The current dues are projected to increase approximately $30,000 per year assum ing net new members plus the increase in members' asset levels. Additional Member Contributions This projected budget assumes that the $150,000 form the W.K. Kellogg Foundation will continue beyond 2009-10, the last year of the current five-year grant. �Membership Investment February 1, 2008 Page 2 Other Grants - Detroit Office The current grant from the Skillman Foundation ends in 2008-09. The current projection assumes a replacement grant of$25,000 per year is secured for the next three years. Publications The attached projection assumes the Michigan Foundation Directory is now produced every third year. Wages & Benefits 2009-10 is the last year of the three-year phase in period for the salary adjustments recommended as a result of the Mercer compensation study. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Membership-Investment Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book membership investment Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book membership investment. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50717 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/699baf637234f4ec6b54c32f446fc53a.pdf ea077fc4b24bba77b356efee3f1e2d44 PDF Text Text CLARK HILL MEMORANDUM PLC ATT ORNEYS A T LAW TO: Council of Michigan Foundations Government Relations Committee FROM: RobertS. Collier Duane L. Tarnacki Date: January 9, 2008 Subject: Low-Profit Limited Liability Company It has been proposed that the Michigan Limited Liability Company Act (the "Act") be amended to introduce a new fonn of limited liability company, the "Low-Profit Limited Liability Company" ("L3C"). The creation ofL3Cs is expected to encourage investment in struggling industries and allow for flexibility with regard to organizational structure. Although some states have considered adopting this legislation, Michigan may be the first. The purpose of this Memorandum is to address the key characteristics of the L3C and outline its benefits. 1. First, what is a limited liability company? A limited liability company is a popular investment vehicle that combines the benefits of a corporation with the benefits of a partnership. Like a corporation, the potential liability of investors is limited to their investment in the limited liability company. Like a partnership, there is no tax paid by the limited liability company. Any taxes are assessed on the investors, eliminating double taxation. 2. What is an L3C? The L3C is a special type of limited liability company created to enhance the flow of philanthropic investments and economic development activities such as creating jobs in economically depressed areas or supporting community revitalization. It would function as a type of limited liability company, intended to generate modest profit while carrying on a business that has a charitable purpose. The proposed legislation would require an L3C to engage in business activities that significantly further a charitable purpose and that have only the incidental goal of producing income or capital appreciation. The actual investment can take the form of a purchase of stock or other equity security, a loan, a loan guaranty, or any other investment that will further the investor's purpose. A foundation's investment in an L3C would constitute a program related investment by satisfying certain requirements of the Internal Revenue Code (the "Code"). The L3C would retain the flexible ownership structure of a traditional limited liability company, while providing a good vehicle for mixing different types of investors and social missions. S542634.2 00856/119126 5542634.2 00856/ 119 126 �MEMORANDUM 3. 4. PAGE2 Who can invest in an L3C? • individuals interested in social investing • governments interested in promoting community development • for-profit business organizations • private foundations • community foundations • other public charities Why establish an L3C? As an alternative to grantmaking, private foundations may make investments in the L3C which qualify as program-related investments ("PRis"). PRis are IRS sanctioned investments made by foundations to support charitable activities and that involve the potential return of capital over some period of time. Proposed language to amend the Act (see Exhibit A) and introduce the L3C in Michigan would track IRS regulations regarding PRis so that a private foundation ' s investment in an L3C would be a qualifying distribution for purposes of the Code's 5% minimum distribution requirement. Add itionally, investments in L3Cs would not be included in a foundation' s asset base for purposes of calculating minimum investment return, would not be considered business holdings for purposes of the excess business holdings prohibition and would not be considered jeopardizing investments. By introducing the L3C as a type of limited liability company in Michigan, certain legal fees, organizational costs and time constraints associated with PRis can be eliminated. In the past, foundations have spent significant sums in legal costs and fees to obtain private letter rulings from the IRS (which can take many months to process) to determine whether a foundation' s investment complies with the IRS regulations for PRis. However, once the proposed state legislation is enacted to establish this new form oflimited liability company, it is anticipated that the Internal Revenue Service and/or Congress can be approached to issue a formal ruling that the L3C meets its PRI requirements. Foundations will save time and money know ing that their proposed investment qualifies as a PRI, rather than seeking approval of each investment through a private letter ruling. The ultimate effect of the legislation would be to provide nonprofit organizations with a cost-effective and time-saving approach to furthering their charitable purposes. DLT:dmd 5542634.2 00856/1 19 126 5542634.2 00856/ 11 9 126 �MEMORANDUM PAGE3 EXHIBIT A Recommended Amendments to the Michigan Limited Liability Company Act to Implement the Low-Profit Limited Liability Company MCL 450.4102 is hereby amended to insert the following as new subsection (m): (m)"Low-profit limited liability company' means a limited liability company that has set forth in its articles of organization a business purpose that satisfies, and that is at all times operated to satisfy, each of the following requirements: (i) the limited liability company significantly furthers the accomplishment of one or more charitable or educational purposes within the meaning of section 170(c)(2)(B) oftitle 26 ofthe United States Code, 26 U.S.C. 170(c)(2)(B), and would not have been formed but for its relationship to the accomplishment of charitable or educational purposes; (ii) no significant purpose of the limited liability company is the production of income or the appreciation of property; provided, however, that the fact that the limited liability company produces significant income or capital appreciation shall not, in the absence of other factors, be conclusive evidence of a significant purpose involving the production of income or the appreciation of property; and (iii)no purpose of the limited liability company is to accomplish one or more political or legislative purposes within the meaning of section 170(c)(2)(0 ) of title 26 of the United States Code, 26 U.S.C. 170(c)(2)(D). MCL 450.4102 is hereby further amended by renumbering current subsections (m) through (u) as subsections (n) through (v) respectively. MCL 450.4204 is hereby amended to add a new subsection (1a) as follows: (1a) The name of a low-profit limited liability company must contain the words "lowprofit limited liability company" or the abbreviations "L3C" or "l3c", with or without periods or other punctuation. MCL 450.4803 is hereby amended to add a new subsection (l)(d) as follows: (1)(d) if the company is a low-profit limited liability company, has ceased to meet any of the requirements set out in section 102(m) and has failed for 60 days after ceasing to meet those requirements to file a certificate of amendment amending its name to conform with the requirements of section 204(1 ). 5542634.2 00856/119126 5542634.2 00856/ 11 9 126 �From: Tamacki, Duane - CLARK HILL P Sent: Monday, January 21, 2008 8:47AM To: Collier, Rob Cc: Minkus, Daniel H.; Kopietz, Joseph S.; Deldin, Deanna M. Subject: L3Cs--examples Rob, You have asked how we would anticipate that private foundations would utilize low-profit limited liability companies (L3Cs) in connection with program-related investments. In what we would characterize as the "typical" use, a private foundation would come together with other foundations or public charities and possibly private investors to jointly invest in this vehicle. The party who takes the lead in the project would likely be the party establishing the L3C. So, depending on the nature of the project and who initiated it, it could be the public charity, the foundation or a for -profit partner. Projects that would probably benefit most from the L3C structure would be community or economic development projects often where for-profit investors are interested in participating.One concrete example would be an affordable housing project where you have a for-profit developer (often, the general contractor), a community development corporation which is a public charity nonprofit and "sponsor" of the affordable housing project, a bank interested in meeting its Community Reinvestment Act requirements, the Local Initiative Support Corporation (LISC) providing a loan to the project and a grant from the county or other local government agency. The common investment vehicle used for a project like this today is often a limited partnership or an LLC. The L3C would serve as a much more desirable vehicle because it would allow private foundation investment without the necessity of the foundation obtaining a private letter ruling. In this example, the CDC would establish the L3C and would likely serve as the manager of the L3C and oversee the daily operations of the project. Through an operating agreement, the investors (as members) could negotiate various aspects of the project and investment, including details regarding the management of the L3C and how any return on investment would be allocated. If the private foundation invested in the L3C as a member, it would have a vote or right to have input over management of the L3C. In short, being a member of the L3C provides an ownership interest and some measure of management control. Depending upon the project, and depending upon the principal interests of the CDC in the project, the CDC could elect what level of "economic" interest to have -- or to have an entirely "non-economic" interest, reserving its role to that of having only a management or "veto power" type of interest in the project. Incidentally, because of the fit between L3Cs and affordable housing projects, we believe two potential partners who would support this legislation would be the Community Economic Development Association of Michigan and the Community Development Association of Detroit. Another example might be where a group of private foundations and other investors were interested in providing mezzanine financing to promote market rate housing redevelopment in an urban area by helping to combat community deterioration and urban decay. We are aware of at least one situation where a foundation affiliated with a civic organization created a fund to promote housing rehabilitation in a blighted downtown neighborhood. In that case, the civic foundation created it as a segregated fund and various corporations and private foundations made grants to capitalize the fund which loans money to for-profit developers to complete financing for housing rehabilitation projects. Had the L3C been available when this fund was created it would have provided the ideal vehicle for accomplishing the project because it would insulate the civic foundation from any potential liability arising from the program. It would also allow the grantors the opportunity to take an equity interest with the prospect for return of capital and some appreciation rather than being limited to grants (or loans) . Another likely use would be a situation in which two public charities agree to enter into a joint venture to undertake a new activity. Under current law, the charities would probably incorporate a new nonprofit corporation which requires filing an exemption application and obtaining an IRS determination letter for the joint subsidiary. Alternatively, they could choose to form an LLC, but, under existing law, the Articles of Organization must recite a "business" purpose. Michigan law does not provide for "non-profit LLCs." Given the character of the investment by the public charities, the reference to a "business purpose" can be problematic. Currently, the State will not accept Articles of Organization which describe the purpose as satisfying charitable standards under Section 501 (c)(3) of the Internal Revenue Code. The L3C should solve this issue as the proposed amendments to the statute specifically address the qualification of an LLC formed for the purposes identified by the Code. As such, the charity partners would enjoy limited liability and an exemption application would not be required for recognition of 501 (c)(3) status. Moreover, they would be able to maintain more direct involvement in the project to ensure that it proceeds as intended file:///SifBoards%20and%20Committees/CMF/Board/2007-08/2.12.08%20Meeting%20Materials/L3Cs--examples.htm[ 11 /22/20 I I II: 18:15 AM] �LEGAL NOTICE: This e-mail is for the exclusive use of the intended recipient(s). If you are not an intended recipient, please notify the sender by reply e-mail or by calling (313) 965-8300, delete the e-mail from your computer and do not copy or disclose it to anyone else. Unauthorized disclosure, copying, distribution, reliance or use is prohibited. Neither this e-mail nor its attachment(s) establish an attorney-client relationship, constitute an electronic signature or provide consent to contract electronically, unless expressly so stated by a Clark Hill attorney in the body of this e-mail or an attachment. FEDERAL TAX ADVICE DISCLAIMER: Under U.S. Treasury Regulations, we are informing you that, to the extent this message includes any federal tax advice, this message is not intended or written by the sender to be used, and cannot be used, for the purpose of avoiding federal tax penalties. file:///SifBoards%20and%20Committees/CMF/Board/2007-08/2.12.08%20Meeting%20Materials/L3Cs--examples.htm[ 11 /22/20 I I II: 18:15 AM] �Recommended Amendments to the Michigan Limited Liability Company Act to Implement the Low-Profit Limited Liability Company MCL 450.4102 is hereby amended to insert the following as new subsection (m): (m)"Low-profit limited liability company'' means a limited liability company that has set forth in its articles of organization a purpose that satisfies, and that is at all times operated to satisfy, each of the following requirements: (i) the limited liability company significantly furthers the accomplishment of one or more charitable or educational purposes within the meaning of section 170(c)(2)(B) oftitle 26 ofthe United States Code, 26 U.S.C. 170(c)(2)(B), and would not have been formed but for its relationship to the accomplishment of charitable or educational purposes; (ii) no significant purpose of the limited liability company is the production of income or the appreciation of property; provided, however, that the fact that the limited liability company produces significant income or capital appreciation shall not, in the absence of other factors, be conclusive evidence of a significant purpose involving the production of income or the appreciation of property; and (iii)no purpose of the limited liability company is to accomplish one or more political or legislative purposes within the meaning of section 170(c)(2)(D) of title 26 of the United States Code, 26 U.S.C. 170(c)(2)(D). MCL 450.4102 is hereby further amended by renumbering current subsections (m) through (u) as subsections (n) through (v) respectively. MCL 450.4204 is hereby amended to add a new subsection (la) as follows: (la) The name of a low-profit limited liability company must contain the words "lowprofit limited liability company" or the abbreviations "L3C" or "13c", with or without periods or other punctuation. MCL 450.4803 is hereby amended to add a new subsection (1 )(d) as follows: (l)(d) if the company is a low-profit limited liability company, has ceased to meet any of the requirements set out in section 102(m) and has failed for 60 days after ceasing to meet those requirements to fil e a certificate of amendment amending its name to conform with the requirements of section 20 5549296.1 00856/ 11 9 126 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Low-Profit-Limited-Liability-Company Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book low profit limited liability company Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book low profit limited liability company. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50716 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/9293117e6dc452ab2ef168e294aa2fa1.pdf 99bdb9bf82774119975f7b89591a8671 PDF Text Text CREATING OPPORTUNITY IN A CHANGING WoRLD: DIVERSIFYING ouR EcoNOMY, EDUCATING ouR PEOPLE Fiscal Year 2009 Executive Budget overnor Jennifer M. Granholm's 2009 Executive Budget builds on the hard work and important progress we have made over the last five years. By focusing on citizens' most important priorities -jobs, education, health care and public safety -this budget will help make Michigan a great place to live, learn and earn. G Since 2000, Michigan has struggled with an auto industry in transition and economic challenges brought on by globalization, unenforced trade agreements and federal policies that have been indifferent to both the needs of our manufacturers and our families. As a result, the state has lost more than 400,000 jobs and experienced a sharp revenue decline. This protracted economic crisis has produced a severe fiscal crisis. Since taking office, Governor Granholm has resolved nearly $6 billion in budget deficits, making more than $3 billion in budget cuts - more than any governor in Michigan's history! In 2007, the on-going budget challenges soared higher. Held together for several years by onetime funding sources and short-term financial strategies, Michigan's options to balance the budget were shrinking at a time of increasing demands and falling revenues. Last year's economic crisis presented us with a choice. We could choose to cut our way to the bottom - slashing services and hurting families. Or we could choose to invest in our people to build the future for Michigan we all want. We chose wisely. We chose Michigan's future. The comprehensive solution reached after months of difficult and often frustrating negotiations prevented massive cuts to health care, education and public safety. We avoided pushing problems into future years and instead took steps to put our state budget back on solid financial footing. As a result, we can focus this year on jumpstarting Michigan's economy. Like the current budget, the fiscal year 2009 budget recommendation is a comprehensive proposal that w ill build on the progress made last year in reducing spending and reforming government while investing in the things that make us competitive. This year' s recommended budget includes no new taxes and no new fees. OVERVIEW Fiscal Year 2009 Executive Budget A-1 �Addressing Michigan's Structural Budget Challenge ntering 2007, the structural imbalance in Michigan's budget was no secret. For nearly a decade, economic growth had been stagnant leaving revenues well below expected levels. A series of on-going tax cuts also contributed to the decline. A Consensus Revenue Estimating Conference, held in May 2007, put estimated revenues for fiscal year 2008 at less than $7 billion, a decline of more than 30 percent since the start of the decade. E "The Granholm budget, which we believe is a smart combination of spending cuts, tax restructuring and government reform, represents that last and best hope to keep Michigan government together in the form in which it currently exists." Muskegon Chronicle, February 18, 2007 The first step in solving this fiscal crisis was passage of the Michigan Business Tax (MBT) in June 2007. The replacement for the Single Business Tax (SBT) provides tax cuts for more than seven out of ten Michigan businesses and tax cuts to both small businesses and Michigan's major manufacturers. The new tax encourages job creation in Michigan because it relies more on profits, provides tax credits to companies that locate or create new jobs in Michigan and tax credits for entrepreneurial and research and development activities. Most important to addressing the structural deficit, the n ew tax raises the same amount of revenue as the SBT. Replacement of the SBT revenue was essential, but could not solve the problem alone. Additional reven ue was necessary. After mu ch debate, the Governor and the legislature agreed to increase the state's income tax to a level just below what it was in 1999 and to expand the sales tax to a select list of services. Hours after the sales tax expansion took effect on December 1, 2007, the legislature voted to repeal the tax and replace it with a surcharge on the Michigan Business Tax which took effect on January 1, 2008. Governor Granholm also ordered stringent spending restrictions for all state departments in the summer of 2007. Through a series of executive directives, the Governor continued a hiring freeze and put limits on travel, memberships, subscriptions, supplies, and more. The 2008 budget repaid delayed payments to universities and community colleges u sed to balance the previous budget. It did not rely on funding shifts or short-term financial strategies. The Governor and the legislature agreed to hundreds of millions in additional spending cuts and made money-saving reforms such as ending state employee retirement " double dipping," allowing school districts to shop for competitive health care coverage and encouraging h ealthy behaviors for Medicaid recipients. This comprehensive approach - a combination of cuts, revenues and reforms - resolved the budget crisis, helped put Michigan's fiscal house on more solid ground and will move Michigan forward in the years ahead. OVERVIEW A-2 Creating Opportunity in a Changing World �Fiscal Year 2008 ... Where We Stand The January 2008 Consensus Revenue Estimating Conference projected that general fund revenue for the current fiscal year will be $234 million below the estimate used to enact the budget last fall. Nearly one half of the decline is the result of action the legislature took last December, when it replaced the service tax with a surcharge on the MBT decreasing state revenue by $114 million this year. The remainder of the general fund decline is due to continued slow growth in state revenues and the slowing national economy. The January 2008 Consensus Revenue Estimating Conference also projected a decline in the School Aid Fund for this fiscal year. Revenues in this fund are expected to be $136 million below the estimate used to enact the budget last fall. FY 2008 General Fund Budget $ in millions Beginning Balance $259 Revenue Estimate $9,866 , 1:-::2:-::5--1 Total FY 2008 Revenue --'--'-------.,$~1:-::0,-FY 08 Enacted Budget $9,856 Supplemental Requests $43 ---'--------;=-:::-::::-::--1 Total FY 2008 Spending $9,899 FY 2008 Funding Surplus Less: Rainy Day Fund Deposit Adjusted FY 2008 Funding Surplus $226 ($100) $126 In the past, revenue declines of this size would have resulted in mid-year budget cuts. Fortunately, the difficult decisions made during the budget debate last year have given Michigan the tools it needs to cope with the uncertain fluctuations of a changing economy. The state closed its books for fiscal year 2007 with a surplus of $259 million in the general fund and $84 million in the School Aid Fund. These surpluses will help prevent hurtful cuts to basic state services during this fiscal year, allow for a deposit of $100 million into the state's "rainy day" fund and allow $126 million to be carried into the next fiscal year. The 2007 surpluses were the result of higher-than-expected revenue collections in the last months of the fiscal year and the Governor's tough fiscal policies implemented during the year resulting in many departments returning a portion of their budgets unspent. Revenues tate law requires two revenue estimating conferences each year, typically held in mid-January and mid-May. Conferees include the State Treasurer and the directors of the House and Senate fiscal agencies. The conferees agree on baseline revenue estimates for the current year and the upcoming fiscal year for both the general fund and the School Aid Fund. The January conference provides revenue estimates for the Governor's budget recommendation. The May conference provides an opportunity to review the January estimates before final legislative action is taken on the state's budget. Additional conferences can be held during the year if economic conditions warrant further updates to the estimates. S OVERVIEW Fiscal Year 2009 Executive Budget A-3 �Like many states, Michigan has a constitutional provision that limits spending growth from year to year. Michigan's constitutional limitation- commonly known as the Headlee amendment - has been in place since 1978. The Headlee amendment limits annual growth in state revenues to a level that cannot exceed the year-to-year growth in personal income. This limit is intended to ensure that the state's overall revenues, both tax and non-tax revenues, do not grow faster than the incomes of Michigan's citizens. For the current fiscal year, Michigan is $5.1 billion below the Headlee revenue limit, d espite the revenue increases enacted last year. For fiscal year 2009, we w ill be $5.4 billion below the limit. Since taking office, Governor Granholm has balanced the budget each year despite consistently being billions of dollars below the revenue limit. Fiscal Year 2009 ichigan enters fiscal year 2009 in a stronger position than last year. The difficult work done last year to increase revenues and hold down spending has eliminated much of the budget's structural deficit and the fiscal year 2007 surplus provides additional flexibility to address unavoidable spending pressures in the upcoming fiscal year. M The January Consensus Revenue Estimating Conference projected revenues will be $9.194 billion for the general fund and $11.871 billion for the School Aid Fund. Despite spending pressures in the departments of Corrections, Community H ealth and Human Services, fiscal year 2009 begins with no significant funding gap. However, to ensure that we are focused on our key priorities, Governor Granholm is proposing additional reductions and reforms. Fiscal Year 2009 General Fund Revenues ($in millions) Beginning Balance Consensus Revenues Michigan Job Creation Credit Revenue Sharing Savings Suspend County Revenue Sharing Other Revenue Adjustments Total Revenue Estimate $126 $9,194 ($35) $316 $208 $51 $9,860 Fiscal Year 2009 General Fund ($ in millions) FY 08 Enacted Appropriations Baseline Spending Adjustments One-time Delayed Higher Education Payments Medicaid Spending Human Services Caseload Adjustments Federal Matching Rate Adjustments Corrections Prison Increases Environmental Quality Fee Replacement Debt Service Payments Employee Benefit Costs Other $9,856 ($165) $196 $69 ($183) $38 $14 $17 $12 $21 Subtotal Baseline Spending Adjustments $19 Total Baseline Spending Estimate $9,875 Agency Spending Reductions and Reforms Proposed Enhancements ($172) $146 Total Spending Estimate $9,849 Total Revenue Estimate $9,860 Total FY 2009 Funding Surplus $11 OVERVIEW A-4 Creating Opportunity in a Changing World �Fiscal Year 2009 Reductions and Reforms (General Fund $ in millions) Community Health Corrections Reforms Debt Service Human Services Other Agency Reductions General Fund Reductions/Reforms $62 $50 $40 $17 $3 First, the Governor proposes $172 million in spending reductions. These cuts, w hich impact nearly every state department, include more than $50 million in additional savings in the Department of Corrections and $62 million in cuts in the Department of Community Health. $172 Second, the Governor's budget recognizes savings from additional governmental Total FY 2009 Reductions/Reforms $235 reforms. Last month, state employees began a new three-year contract which includes significant concessions in health benefits which will save $102 million, $63 million general fund, in 2009. A bipartisan workgroup facilitated by the Council of State Governments under the Justice Reinvestment Initiative w ill identify additional savings and budget reductions in the Department of Corrections through operational efficiencies and policy reforms. Employee/Retiree Health Care Reforms $63 The additional cuts and reforms proposed by the Governor will allow the state to continue to invest in our priorities - good jobs, quality schools, affordable health care and safe communities. Focusing on Michigan's Priorities A Job for Every Worker Governor Granholm's top priority for Michigan is creating jobs. Since taking office, she has worked to diversify our state's economy, attracting companies in high-growth areas that will create good-paying jobs that can't be outsourced. The Governor's 2009 budget provides important tools to create jobs and to provide the training Michigan workers need to fill them. The Michigan Job Creation Tax Credit, which the Governor announced in her State of the State address, is a one-time initiative to encourage businesses from many of the fastest growing industries nationally- from high-tech to homeland security to alternative energy - to create and grow jobs in the state. The 2009 budget recommendation anticipates a $35 million reduction in revenue as businesses take advantage of this tax credit. The Governor's 2009 budget invests more than $618 million in worker training programs, including an additional $40 million to expand her No Worker Left Behind initiative which provides two years of free training "Indeed, so many citizens are applying for Governor Jennifer to help displaced workers prepare No Worker Left Behind program, the people Granholm's for high-demand careers. Since the manning designated Michigan Works! sites face two to five program began last August, Michigan the applicants they can process... " times Works! Agencies have experienced a 300 percent increase in the number Detroit News, January 22,2008 of people seeking training. Th e expanded funding for this program OVERVIEW Fiscal Year 2009 Executive Budget A-5 �will be provided by refinancing a portion of the state's general obligation bonds to take advantage of lower interest rates. To help spur our economy as a national recession looms, the Governor is proposing a two-year stimulus package, totaling over $1.8 billion, creating more than 28,000 new jobs. One part of this proposal is the fiscal year 2009 Capital Outlay budget totaling $250 million, primarily for projects at airports and military training facilities across the state. These projects are expected to create an additional 3,900 construction and other jobs. This proposal for fiscal year 2009 accompanies the Governor's stimulus package for the current fiscal year. For 2008, the Governor has proposed a Capital Outlay budget of $1.4 billion for projects at universities, community colleges, state parks and more, creating over 22,000 n ew jobs. The Michigan Department of Transportation will also accelerate approximately 25 additional road and bridge projects at a cost of $150 million, creating more than 2,100 new jobs. In addition, the Governor has announced that the state will increase spending on tourism and business promotion by $60 million to a total of $90 million over two years. This one-time expenditure will be funded by refinancing some of the state's taxable tobacco bonds. Quality Education for Every Citizen Leading economists and education experts agree: education is an essential part of any economic development strategy. In Michigan, we have already taken critical steps to set high expectation s for our schools and our students. The Governor's budget this year will ensure that all of our students have the tools they need to meet and exceed those expectations by expanding early childhood education, increasing funding for our K-12 schools and asking more of our colleges and universities. Fiscal Year 2009 School Aid Fund ($ in millions) Beginning Balance Consensus Revenues General Fund Subsidy Federal Revenues Total Revenue Estimate $48 $1 1,871 $43 $1,562 $13,524 FY2008 Enacted Appropriations Baseline Spending Adjustments Per Pupil Funding Increase Enhancements Total Spending Estimate $13,006 $23 $299 $187 $13,515 Total FY2009 Funding Surplus $9 K-12 Schools Governor Granholm's 2009 bud get recommends increasing funding for our K-12 sch ools by $108 to $216 per student, based on the equity formula established last year. This increase will take another step toward closing the funding gap between school districts. The minimum foundation allowance for 2009 will be $7,420 per student. To ensure that every child begins school prepared to succeed, the Governor's budget recommends a $31.5 million increase in funding for the Great Start preschool program. This funding will help an additional 7,000 children and expand the services of the Early Childhood Investmen t Corporation. These increases are possible, in part, as a result of our declining school age population. While declining enrollment eases the state's financial burden, it places additional financial strain on the more than 400 districts impacted. Therefore $20 million is allocated, once again, for grants to districts experiencing declining enrollment. OVERVIEW A-6 Creating Opportunity in a Changing World �To prepare all Michigan students for success in college and the workplace, the Governor is proposing a 21st Century Schools Fund to help school districts replace large, impersonal high schools that have low academic achievement and high drop out rates with small high "Replacing dysfunctional high schools with up to 100 schools that use strong personal relationships, smaller ones promises to transform the learning culture in many Michigan communities. It represents the consistent discipline and real world relevance to h elp at-risk students achieve high academic kind ofinstitutional shakeup the state requires for 21st centunJ progress." goals. By redirecting the $32 million previously dedicated to the Durant lawsuit Flint Journal, January 22, 2008 settlement and bonding against this revenue, the state can offer $300 million in grants to school districts over the next three years to create these schools. Colleges and Universities Governor Granholm is committed to doubling the number of college graduates in Michigan. To support that goal she is proposing a three percent increase in funding for our community colleges and universities, which ensures a funding increase at or above the rate of inflation. In addition, the Governor is recommending that this funding be distributed by a formula that recognizes the importance of not only enrolling students, but ensuring they complete their degrees. Under the Governor's proposal, all fifteen state-funded universities will receive increased funding based on a combination of degree completion, federal research expenditures, and opportunities for low income student enrollment. The formula for our three flagship universities - the University of Michigan, Wayne State University and Michigan State University - will place a greater emphasis on research and commercialization activities. The state's 28 community colleges will receive increased funding based on "Post-secondary education has never been more important a formula developed two years ago for the future economic well-being of students and the state that considers enrollment and degree ... The fastest-growing jobs in this global economy require higher learning and students must be prepared-- for Jour-year completion. universities and technical and vocational schools ..." The Governor's fiscal year 2009 budget Grand Rapids Press, August 30, 2007 makes $235 million in financial aid available to Michigan students, including a record number who are eligible for the $4,000 Michigan Promise Scholarship. Health Care for Every Family Governor Granholm knows tha t making affordable health care accessible to every family in Michigan and protecting the safety net for our state's most vulnerable citizens are essential tools in our fight to strengthen the econom y . Despite last year's severe budget challenges, she refused to eliminate health care for children, seniors or citizens with disabilities. This year, the Governor's budget recommends expanding access to health care in several ways. OVERVIEW Fiscal Year 2009 Executive Budget A-7 �Medicaid Serves 1 Out of Every 7 Michigan Residents 1,600 1,550 1,500 /' 1,450 1,400 1,350 1,300 1,250 1,200 1,150 1,100 1,050 ... ./ / / / / / / / ---- ___. The Governor's 2009 budget recommendation provides $8.5 billion for the medical services and long term care portions of Medicaid, an increase of 4.3 percent over the current year. This program provides health care to nearly 1.6 million Michigan citizens, including more than 900,000 children. To combat our state's growing nursing shortage, the Governor proposes $10 million for the Michigan Nursing Corps. With this funding, the Corps will train 126 additional nursing faculty to help expand nursing programs across the state. Through these efforts, the Michigan Nursing Corps can train 6,300 additional nurses in five years. In addition, the Governor's budget recommends $4.8 million in nursing scholarships. 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 The Department of Community Health's efforts to place seniors and disabled citizens in appropriate care settings have resulted in decreased nursing home utilization and additional savings of $32.1 million gross, $12.7 million general fund. The Governor's budget proposes reinvesting this savings in the expansion of home and community-based services to allow more seniors to remain in their homes. Safe Places to Live and Work Since taking office, Governor Granholm has fought to ensure that all Michigan citizens have safe places to live, work and play - protecting their pocketbooks and their neighborhoods in this time of economic uncertainty. The Governor's 2009 budget continues this effort. The Governor's 2009 budget recommends a four percent increase in statutory revenue sharing payments- money given to local units of government to help pay for essential services including police and fire protection. This is the first increase in revenue sharing payments since 2001. The Governor's budget includes additional common sense reforms in the Department of Corrections which will help reduce our burgeoning prison costs without jeopardizing public safety. As a result of the reforms and efficiencies made by the Department over the last five years, the Governor's budget recommendation for Corrections is lower than the previous year for the first time since she took office. "Lawmakers on both sides of the aisle must work through the need to bring Michigan's corrections spending more in line with neighboring states. That is vital." Lansing State Journal, January 31, 2008 OVERVIEW A-8 Creating Opportunity in a Changing World �In addition, the Governor is recommending that the Michigan State Police operate a trooper school beginning this fall to train 100 n ew troopers. This will restore trooper strength to the highest level in five years and w ill enable the sta te to partner with more local communities to help keep neighborhoods safe. One such partnership, in Flint, has helped reduce homicides in that city by 46 percent. MICHIGAN STATE POLICE Trooper Strength History 2003 to present ;; 1.050 g> ~ (I) 1.000 950 900 To help address jail overcrowding, the Governor's budget includes $3.35 million for mental health courts. This funding will create five pilot sites w here specialized court dockets w ill be used for defendants with mental illnesses who have committed non-violent offenses. Much like the drug court model, mental health courts will divert selected offenders into communitybased treatment that is less expensive th an incarceration. 2003 2004 2005 2006 2007 2008 2009 "Among the ways to cut prison and jail costs in Michigan, few offer as quick a payback as getting treatment for mentally ill people who are arrested - instead of routinely putting them behind bars." Detroit Free Press, January 24, 2008 Governor Granholm's 2009 budget also recommends: • $1.3 billion to protect Michigan's children, including child protection services, foster care, adoption and day care assistance. • $182 million to support environmental clean up and pollution prevention programs . • $21 million for food safety programs. • $2.9 million to strengthen regulation of the mortgage industry and combat predatory lending activities. OVERVIEW Fiscal Year 2009 Executive Budget A-9 �Conclusion he first decade of the 21st century has been a time of unprecedented change for Michigan. History will say that this decade of economic turmoil was among the toughest any state had to face in generations. Governor Granholm is determined to use this period of change and challenge to make Michigan a stronger, smarter, more prosperou s state. T In 2007, we laid the right foundation. There are important, strong planks in that foundation: the most rigorous education standards in our sta te's history, college scholarships for every child, the biggest diversification strategy in the nation, a major tax rewrite, solving our fiscal crisis and providing training to every adult who needs it. But Governor Granholm knows there is more to do and her 2009 Executive Budget Recommendation w ill help the state take the next steps- creating jobs, replacing failing schools, expanding early childhood education, providing access to quality health care, protecting citizens and their pocketbooks - to build the future for Michigan we all want. OVERVIEW Fiscal Year 2009 Executive Budget A-10 �Subject: Budget Increases: $108-$216 Per Pupil, 4% Revenue Sharing; 3% Higher Ed From: Gangwer News Service [mailto:gongwer@gongwer.com] Sent: Thursday, February 07, 2008 12:26 PM To: gongwer@gongwer.com Subject: Budget Increases: $108-$216 Per Pupil, 4% Revenue Sharing; 3% Higher Ed Special Update, Thursday, February 7, 2008, 12:24 pm Budget Increases: $108-$216 Per Pupil, 4% R evenue Sharing, 3% Higher Ed K-12 schools would get per pupil increases ranging from $108 to $216 and local governments would see a 4 percent increase in the statutory portion of revenue sharing under the $44.8 billion, $9.8 billion gen eral fund, budget for 2008-09 recommended Thursday by Governor Jennifer Granholm. Universities and community colleges would get a 3 percent increase under the executive budget proposal. The budget provides for $235 million in lower spending through savings and reforms (as expected $50 million of that would be with reforms and efficiencies in prison programs), and has $100 million t o deposit in the state's rainy day fund. Some programs would see the first increase in several years: the revenue sharing boost is the first since 2001 and the governor is recommending a 2 percent increase in the monthly grant in the Family Independen ce Assistance program, the first since 1990. The annual FIA clothing allowing would be increased to $75. The governor is proposing $1.1 billion in capital outlay spending in the current year and $250 million in 2008-09 as part of a one-time economic stimulus package. Other key elements include: • $31.5 million in early childhood education • $40 million in additional funds for the No Worker Left Behind program which brings total worker training spending in several programs to $618 million, • th e previously-announced plan to add 100 State Police troopers, • $10 million for a nursing corps program and $4.8 million in nursing scholarships as part of a mission to add 6,300 nurses over five years, • $3.35 million for mental health courts to provide treatment to non-violent offenders who would otherwise be sent to jail. The increases in per pupil spending would raise the minimum per pupil funding level to $7,420. The additional funds for universities would be distributed through a formula recognizing factors such as degree completion, enrollment of low-income students and federal research funding. Funding for the University of Michigan, Michigan State University and Wayne State University would also include technology and commercialization factors. The total budget, including fees and federal funds, is about $1 billion higher than the 2007-08 spending levels, while general fund spendin g is marginally lower. Here is the link to the full budget: h ttp://www.michigan.gov/budget/ . file:///SI/... 20Budget% 20Increases%20$1 08-$2 16%20Per%20Pupii%204%25% 20Revenue%20Sharing;%203%25%20Higher% 20Ed.htm[I 1/22/20 II II : 18:38 AM] � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Granholms-Executive-Budget Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book Granholm's executive budget Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book Granholm's executive budget. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50715 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/874d84c7cbe930bf44820a6d44603bad.pdf 1cce1cc663ecb03bbb8fd8ccd9afe9ac PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Chair Audit Committee David Lindberg RE: CMF 12-31-07 Financial Statements The following Resolution is presented for approval. RESOLVED that the December 31, 2007 Financial Statements, as approved by the Audit Committee, be accepted as presented. Background Based on current projections for 2007-08, the Core Services for CMF should end the fiscal year at close to break even. Core Operations Note 1: Membership The projected variance from budget is due to the following: Dues that decreased from prior year Anticipated non-renewals $18,500 12,500 Of the dues that decreased from the prior year $6, 100 is due to JP Morgan Chase whose headquarter are now on the east coast. $2, 100 is due to the Detroit Youth Foundation, a public charity that has reduced its grantmaking. Note 2: Additional Contributions While the C.S. Mott Foundation has declined to renew its $25,000 additional contribution for 2007-08, Foundation staff has indicated a willingness to allow CMF to transfer $25,000 from project money that was awarded in December 2007, to help balance the 2007-08 Budget if necessary. �Note 3: Conference Income & Expenses The October 2007 Annual Conference in Dearborn has generated a surplus of approximately $80,000 versus a budget of$114,000. The variance is primarily due to the increased food and AV costs at the Hyatt hotel. In addition to the variance noted above, the remaining variance from budget is primarily due to a couple of larger meetings that have been postponed until 2008-09. Note 4: Investment Income The projected variance is due to investment earning of special project dollars, primarily the Early Childhood Investment Corporation grant. Note 5: Wages & Benefits The projected variance from budget is primarily due to some staff reorganizations that took place in July 2007. Note 6: Technology The projected variance from budget is due to enhancements to the CMF website and third party support being less than anticipated as a result of the Director of Technology handling some of this work. Note 7: Communications/Publications The projected variance from budget is due to the $1 0,000 in recruitment material that was planned for potential new members. Since the focus for 2007-08 has been on retention, the marketing campaign has been postponed until 2008-09. Note 8: Professional Services Projected fees for 2007-08 are: Line Item Newsclip Service Public Affairs Associates Legal Audit Fees Corp. Members Survey - Ulsh Compensation Study - Mercer Strategic Planning Mise Total Budget 07-08 $3,700 18,000 10,000 4,500 2,500 300 $39,000 Actual 12-31-07 $2,850 13,500 7,028 4,700 5,170 312 Projected 07-08 $3,900 18,000 10,028 4,700 6,170 312 276 $33,836 276 $43,386 �CMF Endowment Funds Total projected 2008-07 expenditures for each endowment fund w ill fall within the appropriate spendable income range. The notes below highl ight the actual expenditures through 12-31-07. William Allen Fund Training & Seminars Foundations on the Hill registrations for members March 2007 $2,625 Computer/Technology I ZIP to ZIP District Match File $9oo I Russell G. Mawby Fund Association Dues & Sponsorships MNA Nonprofit SuperConference Michigan Women' s Foundation Sponsorship Governor' s Service Award Sponsorship Connect Michigan Volunteerism National Center for Family Philanthropy AFP National Phil Day 2007 IS JW Gardner Award sponsorship MNA Nonprofit Day sponsorship Grand Angels Hope College Event 2007 $1,000 1,500 2,500 500 3,600 500 1,000 500 2,500 Publications I Information for Seeking 2,42o I 1,2oo I $3,026 I $1o,ooo I Registrations I Facing Racism Seminar Meetings I Members Reception Flint 5-22-07 Grants I Oral History Project �Ruth & Russ Mawby Fund for Kids This fund supports the YAC summer intern and Youth Program Associate. CFYP Endowment Fund This fund supports YAC activities. Conference Income & Expenses Summer Youth Conference June 2007 Line Item Revenue Expenses Net Loss Bud2et Actual $20,100 48,000 ($27,900) $18,525 38,840 ($20,315) Covers youth administrative support. Dorothy Johnson Educational Fund Other G rant Support for the CMF Annual Conference in October 2007. [Riecker Leadership Fund The variance from budget is due to the two week overlap for the departing and incoming Public Policy fellows, plus health insurance coverage was budgeted at the single rate and actual coverage is for two people. William Richardson E ndowment Fund 20% of the fellow's wages are being charged to this grant with the other 80% going to the Riecker Fund. Professional Services The work on the L3C and Senator Levin - Offshore Hedge Fund issues has been charged to this fund. �Council of Michigan Foundations & Supporting Organizations Consolidated Balance Sheet December 31 , 2007 II CMF Core & Special Projects ASSETS Cash & Equivalents Investments Grants Receivable Due From Other Funds Property, Plant & Equipment- Net Other Assets Total Assets LIABILITIES Accounts Payable Other Liabilities Grants Payable Total Liabilities NET ASSETS (FUND BALANCE) Unrestricted & Temp Restrict. Endowment Funds KYIP Fund Total Net Assets Total Liabilities & Net Assets S:\Finance\Fin.aoc:ial St.atemEM'ItS\07-08\CM F FS 12-31-07 $7,485,486 5,563,229 (5,647,953) 422,470 25,805 $7,849,037 $1 ,335,539 81 ,797 44,700 1,462,035 Endowment Funds $29,207 18,024,172 (46,315) $18,007,063 0 6,387,002 Supporting Organizations Michigan AIDS MCFV LTG Fund $6,394,301 $3 $3,254,637 4 ,874,185 18,368 984,693 $11,286,854 $4,239,334 $571,509 Total 418,735 (164,609) 15,845 7,846 $849,326 $14,480,506 21 ,278,809 5,981,964 1 456,683 33,651 $42,231,614 154,000 5,000 159,000 $ 1,335,539 235,797 49,700 1,621,035 0 0 5,181,517 989,815 3,249,519 690,326 6,387,002 18,007,063 6,105,337 11,286,854 4,239,334 690,326 13,248,660 21 ,256,582 6,105,337 40,610,579 $7,849,037 $18,007,063 $11,286,854 $4,239,334 $849,326 $42,231,614 18,007,063 �Counc il of Mic higan Foundatio ns & Supporting Organizations Co ns olidat ed Statem ent of Activities and Changes in Net Asset s 4-1-07 to 12-31-07 II Council of Michigan Foundations Supporting Organizations Michigan A IDS MCFV LTG Fun d CMF Revenues Spendable Income Membership Investment Additional Member Contributions Other Grants Conference Income Publications & library Services Other Income Investment Income Total Revenues Program/Admi n Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications!Publications Professional Services Trave l Training & Seminars Conference & Meeting (GainVLoss sale of fixed assets Overhead Allocation to Spec Proj Total Program!Admin Core Special O~eratlons Projects $0 Endowment Funds $0 $643,000 936,975 165,960 20,939 518,263 22,150 6,495 116,220 1,787,002 734,788 48,390 8 ,867 2,256 10 ,769 25 ,936 4,178 0 CMF Total $643,000 936,975 165,g6o 833,017 6,500 21,983 860,456 $21 s 936,975 165,960 731,969 1,856,996 9,641 842 ,658 408,572 102,274 15,627 3,980,573 673,1 22 102,316 747,596 4 ,860 ,607 179,121 217,064 1,130,973 78,068 82,296 10,311 165,374 7,532 6,487 203,805 23.401 1,578,220 113,22g 1,02 1 5,020 21,818 2,268 1,898 7,383 1,425 4,524 13,228 40,652 8,454 3,126 3,588 33,906 423 0 147 2,709 144 713 0 656 2,256 11,060 29,358 4,178 21 26 24 5 244 3,666 1,425 1,426 2,470 1,168 74,506 656 3,787 16,300 45 6,783 3,125 69,799 33,837 298,246 33,354 365,437 34,818 19,264 22,125 7,804 15,462 8,475 48,239 584,193 347,729 1,441,439 1,441 ,439 1,469,824 264,550 540,246 22,171 32,648 1,305,61 1 1,295 38 0 !975) s 540,246 22,150 32,648 779,138 11 ,676 3 ,630 $643,000 26,153 653,277 1,350,913 30,5 10 31,694 3 ,313 59,89 1 437,922 Combined Total 45,973 49,289 400 2,571 1,88 1 1,407 103,489 34,230 388,427 773 20 4 93,965 2,061 3,887 31,428 125,235 49,388 3,4 75 72,770 859,234 78,64 1 34 ,4 00 531,341 2,401 ,746 472,213 270,255 393,521 3 ,537,734 58,800 1,500,239 58,800 1,500,239 7,552,704 7,552 ,704 814,250 814,250 273,075 273,075 10,140,268 10,140,268 99 79 3,396 69,544 6,917 150 0 (975 975 GRANTS Challenge Grants Mini· Gra nl s Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures Beginning Net Assets T ransfers From Other Funds Cha nge in Net Assets Ending Net Assets $ V'.,..,c.IF.,aftt.... S ' -ee1010NII'Gt.IF JS 11· )1.01 317,178 1,815,112 (1 ,182,974) 944,384 78,588 6 ,037,686 17,105,679 24 ,958,477 ! 1,182,974! $4 ,854 ,712 301 ,384 0 (564,4 12 18,007,063 24,394,066 (600,000) 317,178 $1,532,290 600,000 (7,351.795) (982,189) 81,001 (8, 174,395) 18,638,649 5 ,221,522 609,325 !7,351,795! !982,189! $4,239,334 81,001 (8,817,394 690,326 40,610 ,579 s11 ,286,854 49,427,973 �CMF Endowment Fu nds Consolidated Statement of Act ivities and Cha nges in Net Assets 4-1-07 to 12-31-07 Endowment Funds Russell G. Allen Fund Rev enues Spendable Income Membership Investment Additional Member Contributions 8,300 $ Johns on Maw by M aw by Fund Educational Fund For Kids Fund 67.900 $ 38,800 $ 46 ,200 MCFYP Rie cker hchnology Richardson Public Inves t. Endowment Fund Fund Policy Education ' ' 330,400 6,500 3,333 Other Grants Conference Income Publications & library Services Other Income Investment Income Total Revenues Community Foundation E ndowment 7,660 65,999 37.713 15.960 133,899 76.513 "' 19,457 Program(Admin Expenses wages & Benefits Occupancy TelephOne Equipment l ease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Dues & Sponsorship Books & Subscriptions 15 43 .434 89,634 52.300 ' 52,700 ' 22.600 ' 21,000 Re itz ' 2.600 CMF Core Endow. ' 18.650 26,153 332,853 5 1.117 699,239 122.067 52,126 104,826 150,831 4,175 35.081 20.692 43.692 24,813 45,813 Tral'el Training & Seminars Conference & Meeting 2,625 Total Program/Ad m in 3,540 GRANTS Challenge Grants Mini-Grants Computer Grants Other G rants 13,602 26.153 653.277 5.668 13,602 1,350.913 735,700 2, 100 3.787 16.300 12,100 7 ,100 212 7,500 176 1,132 1.755 7,453 2,455 4 ,526 191,022 3,212 126 890 39.099 44,547 600 10,346 3.125 33,354 26,300 113,000 588 15,462 8,475 4 8.239 18,434 347,729 29,600 14,900 132,200 680,700 58,800 53,300 58,800 55.000 3,390 930 721 40,298 4.967 800 45 705 19,955 2 1,02 7 11.300 2,000 2,600 1,744 81,400 144 713 600 2,749 1,575 3,305 2 3,894 6 .500 21,983 340,000 13.1 00 (862) 643,000 1.021 88 703 643.000 217.064 22 2.420 Budget 3.068 45 Comm unicationsiPublications Professional Services 12 Month ~ To tal 1,021 144 200 900 Comm Fdn 1,700 10,000 10,000 Total G rants 46,200 46,200 2.600 2.600 Excess Re.,enoes O ver Expenditures 12,420 100.005 55.486 4 3.434 508,217 77.520 64 ,528 38.72 5 27,379 3.068 Beginning Net A sset s Transfer from Other Funds Ex cess Revenues over Ex penditures Ending Net A ssets 2 12,485 1,819,686 1,044 ,771 1,207,662 8.877,491 1,425.335 1.436,583 568.371 456,336 56.959 4 .120 $2 16.605 32,105 $ 1,851 .791 16.686 $ 1.061,457 177,817 $9.055,308 25,220 $ 1,450.555 11,828 $ 1.448,4 11 15.925 $584.296 6 ,379 $462,715 468 S:\Finance\Finandat Statements\07-08\CM F FS 12·31-07 (2,;66) $1 .204.896 $57.427 13,602 944.384 17,105.679 600,000 13,602 $613,602 17,105,679 600.000 301 .384 18 .007.063 ~ �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-07 to 12-31-07 12 Month Budget 2007-08 Revenues Membership Investment Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues Program/Admin Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixed Assets Overhead Allocation to Spec Projects Total Program/Admin 9 Month Budget 12/31/2007 $ 1,002,000 190,000 25,000 657,000 24,000 6,000 105,000 2 ,009,000 $ 918,000 190,000 25,000 578,000 18,000 6,000 78,700 1,813,700 9 Month Actual 12/31/2007 $ 936,975 165,960 20,939 518,263 22,150 6,495 116,220 1,787,002 12 Month Projected 2007-08 $ 971,000 191,000 21,000 550,000 25,000 6,500 140,000 1,904,500 Note 1 Note 2 750,100 51,100 12,900 3,000 18,900 22,500 6,000 734,788 48,390 8,867 2,256 10,769 25,936 4,178 986,000 65,000 12,000 3,000 18,000 34,000 4,200 Note 5 75,000 32,000 6,000 104,000 39,000 57,000 13,000 537,000 56,300 31,000 4,500 78,100 30,400 42,800 9,800 490,300 30,510 31,694 3,313 59,891 33,837 34,818 3,630 437,922 65,000 34,000 5,000 94,000 44,000 57,000 9,000 474,000 Note 6 (4,000) 2 ,009,000 (3,000) 1,604,700 (975) 1,469,824 (1 ,300) 1,902,900 0 0 0 0 Excess Revenues Over Expenditures 0 209,000 317,178 1,600 1,815,112 0 1,815,112 209,000 1,815,112 2,024,112 S:\Finance\Financial Statements\07-08\CMF FS 12--31-07 Note 4 1,000,000 68,000 17,000 4,000 25,000 30,000 6,000 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Beginning Net Assets CHANGE IN FUND BALANCE Transfers from Other Funds Ending Net Assets Note 3 1,815,112 317,178 (600,000) $1,532,290 1,815,112 1,600 (600,000) 1,216,712 Note 7 Note 8 Note 3 �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. February 4, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Rachel Mraz, CMF Trustee and Investment Committee Member and David R. Lindberg, Vice President Finance & Administration Re: December 31, 2007, Investment Report The following Resolution is presented fo r consideration: RESOLVED that the December 31, Investment Report be accepted, as recommended by the CMF Investment Committee. On a quarterly basis, the combined Investment Committees for the Council of Michigan Foundations (CMF), Midwest Community Foundations' Ventures (MCFV), Learning to Give (LTG) and the Michigan AIDS Fund (MAF), meet to review the investment performance for the operating and permanent endowment funds. New Business On February 7, 2008, the Investment Committee will meet to review and approve the enclosed reports. Since the October 22, 2007 CMF Board meeting, the Investment Committee has addressed the follow items: • Reviewing real estate investment options to include funds that are more globally focused versus the current investment vehicle which is primarily U.S. based properties. Alternative vs. Standard Allocation Investment Pools With the addition of the TIFF and Commonfund alternative products, the CMF Endowment Pool now has standard and alternative asset allocation pools. The standard allocation pool is rebalanced on a quarterly basis back to the targeted asset allocation noted in the attached report. The TIFF investment product rebalancing is handled by TIFF. The combined allocation of the standard and alternative allocation pools will be monitored on a quarterly basis by the Investment Committee with adjustments between the two pools being made as the committee deems appropriate. The combined investment return for the CMF Standard and Alternative Pools will be calculated as the various periods become available. The enclosed Investment Report is presented in two sections. S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvestment Report 12-3107.doc �Investment Report Page 2 Investment Perfor mance Report & Asset Allocation The benchmark is based on the targeted asset allocation noted in the attached report using the following return information: Asset Class S&P 500 S&P 400 S&P 600 EAFE FTSE NAREIT Equity Index Lehman Bros. Aggregate Allocation 37.0% 9.0% 6.0% 13.0% 5.0% 30.0% Investment Performance Comparison Report In addition to the Cambridge & Associates, Inc. pool of colleges, universities, and foundations, the committee has recently added the TIFF Multi-Asset fund for comparative purposes. The TIFF product is unique in the fact that it offers smaller foundations access to alternative investment products which have enhanced returns over the last several years. The reason this report lags the CMF Investment Report by one quarter is due to the time it takes Cambridge to collect the results from the pool participants. S:\Boards and Committees\CMF\Board\2007-08\2. 12.08 Meeting Materials\lnvestment Report 12-3107.doc �Council of Michigan Foundations Investment Report December 31, 2007 Investment Balance 12-31-07 Actual Asset Allocation Cash Targeted Asset Allocation Cash Operating Funds CMF Operating & Special Projects $4,679,400 100% 100% MCFV Special Projects $3,693,650 100% 100% KYIP Fund $6, 105,337 100% 100% Michigan AIDS Fund $356,900 100% 100% Learning to Give $264,815 100% 100% Note: All operating funds are invested in money market accounts. CMF Combined Endowment Pool -Asset Mix Market Value Equities Fixed Income Real Estate Alternatives Cash Total $11,169,360 5,281,527 603,311 994,280 17,626 18,066,104 % 61 .8% 29.2% 3.3% 5.5% 0.1 % 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return N/A N/A N/A N/A Blended Benchmark N/A N/A N/A N/A The CMF Endowment Pool has been broken down into two separate pools, a standard pool and an alternative pool. The asset mix listed above represents the combination of both pools. S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Council of Michigan Foundations Investment Report December 31, 2007 CMF Standard Endowment Pool- Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $4,939,751 1,172,744 758,306 1,875,864 574,371 9,321,036 35.5% 8.4% 5.5% 13.5% 4.1% 67% 37% 9% 6% 13% 5% 70% 17,626 1,938,926 1,878,797 740,303 4,575,652 0.1% 14.0% 13.5% 5.3% 33% 0% 13% 13% 5% 30% 13,896,688 100% 100% Standard Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return 5.18% 8.75% 12.64% 7.43% Blended Benchmark 5.50% 8.54% 12.20% 7.19% S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Learning to Give Investment Report December 31, 2007 LTG Endowment Fund -Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $1,195,566 283,723 183,379 449,698 138,416 2,250,782 36.7% 8.7% 5.6% 13.8% 4.3% 69% 37% 9% 6% 13% 5% 70% 419,237 421 ,203 163,416 1,003,856 0.0% 12.9% 12.9% 5.0% 31% 0% 13% 13% 5% 30% 3,254,638 100% 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Actual Investment Return 4.97% N/A N/A N/A Lipper Median Benchmark 5.50% N/A N/A N/A Investment of this new endowment fund took place in May 2006 This fund was established with a $3,000,000 grant from the W.K. Kellogg Foundation S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Council of Michigan Foundations Investment Performance Comparison 9/30/2007 Actual Returns Period Ending Quarter Blended Benchmark 1.82% CMF Cambridge Pooled Pool Funds (Median) 1.59% 2.60% TIFF Multi Asset 3.58% One Year 13.72% 13.80% 18.40% 19.86% Three Years 12.26% 12.38% 14.80% 16.68% Five Years 13.85% 14.20% 15.10% 17.25% Ten Years 7.49% 7.77% 9.10% 8.40% Period Ending One Yr Three Yrs 17.0% 14.0% 16.4% 13.1% 15.2% 15.0% 5.1% 3.9% 24.9% 23.2% 2.8% 3.2% Five Yrs 16.5% 15.5% 19.6% 4.1% 23.6% 2.9% Bench Marks W ilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Qtr Ending 1.5% 2.0% -2.5% 2.8% 2.2% 0.1% Asset Categories Cambridge Pool US Equities International Equities Fixed Income (less high yield) Cash Other Total Other· Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other NMAA Absolute Return Commodities Othe r 28.0% 22.9% 15.5% 2.3% 31.3% 100.0% Asset Allocation CMF Target 52.0% 13.0% 25.0% TIFF Multi Asset 60.5% Includes Inti & Resource 17.8% 10.0% 100.0% 2 1.7% 100.0% 5.0% 0.6% 5.0% 2.0% 4.0% 10.0% 1.1% 5.0% 1.4% 3.0% 0.9% 0.2% 0.4% Ten Yrs 6.8% 6.6% 9.2% 6.0% 8.0% 2.6% 15.0% 4.1% 5.3% 31.3% 10.0% 2 1.7% • Represents the latest return numbers available from Cambridge & TIFF. S:\Boards and Committees\CMF\Board\2007 -08\2.12.08 Meeting Materia ls\lnvest Report 12-31-07 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Financials Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book financials Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book financials. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50714 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/0636d99beb903da6cbb8da6825bec460.pdf 7715571710c98acc2ac2061144102fd9 PDF Text Text CMF Councilof Michigan Fou ncfat ions Serving grantmakers. Advancing giving. February 2, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Vicki Rosenberg, Vice President, Education, Communications External Relations Rob Collier and Dave Lindberg Cc: Carol Goss, Chairperson, Governance Committee Re: Transforming M ichigan Philanthropy Through Diversity & Inclusion We are excited to share the progress made since the October 2007 Board Meeting and ask for approval of the following Resolution adopting the five-year initiative to Transfonn Michigan Philanthropy through Diversity and Inclusion. Since the October Board meeting, which included the presentation by Henry Ramos, director, Diversity in Ph ilanthropy Project (DPP), key results include: • A $150,000 grant from The Kresge Foundation for year one with an invitation to submit annual requests for renewal funding • Agreement to serve as the core research & development partner for DPP • Invitations to: submit a $150,000 year-one proposal to the Mott Foundation; submit letters of inquiry to the Arcus and Skillman Foundations and the Fetzer Institute; and have a second meeting with key staff of the Kellogg Foundation. • Vicki Rosenberg' s appointment to the Council on Foundations' Advisory Council on Inclusion. RESOLVED that C MF undertake a five-year initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. Background CMF's goal for its work on diversity and inclusion is to increase the effectiveness and accountability of organized philanthropy in Michigan. Objectives and key strategies are: 1. For CMF to become a model regional association and national resource by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of 32 regional associations. 2. For 15 member foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion by: recruiting members and facilitating a training, coaching and technical assistance program 3. To increase CMF members' awareness, understanding and action in diversity and inclusion by: providing programs and services �Diversity & Inclusion Report February 2008 Page 2 4. To increase the diversity of foundation staff and executives through a strategy to be developed year one. 2008 Priorities are: • • • • • • Convening the Governance Committee which will serve as advisors. New members will be added to this Committee which is chaired by CMF trustee Carol Goss Hiring consultants and a new Manager of Diversity Collecting baseline data including: o Demographics of member foundation staff and trustees using a Foundation Center survey instrument developed for DPP - this is the second state pilot o CMF staff, trustee and vendor demographics and attitudes and perceptions through surveys, interviews and audits o Current practices among CMF members through interviews Designing and initiating an internal and external communications strategy including: o Articles in CMF electronic and print publications o COF and CMF annual conference sessions with DPP o Content on the CMF and DPP websites Initiating education, outreach and knowledge development activities including: o A CEO Focus Group with Mary Ellen Capek in spring 2008 o A Cultural Competency Institute for Grantmakers co-sponsored with the Alliance for Nonprofit Management on July 9, 2008 in Dearborn o A Knowledge Symposium co-sponsored with DPP in November 2008 for CMf staff, trustees, members, partners and experts o A training/coaching/peer learning program for six CMF member foundations Research and development on: o A vetting process to identify "gold standard" knowledge and human resources o A distribution system for "gold standard" resources o A strategy for recruiting, retaining and developing diverse individuals to careers in philanthropy It is important to state that this is not a new issue for organized philanthropy. Since 1980, the field has examined and debated the rationale for diversity and inclusion in response to: • changing demographics of our nation and communities served by foundations • recognition of the connection between understanding the unique perspectives of communities served and effective strategies for addressing their needs • pressure from Congress and the media for greater accountability, transparency, effectiveness and impact • encouragement and support from infrastructure organizations such as CMF. Phase One CMF Activities: 2001-2007 In 2001 CMF made diversity and inclusion a priority for its Strategic Planning process resulting in the 2002 Board Resolution on Diversity & Inclusion. That resolution catalyzed work which resulted in: • Board/member engagement in a 2003 Planning Retreat and 2006 focus groups • Diversity and inclusion as one of the Guiding Principle for membership (2004) • A Cultural Competency Plan (2006) �Diversity & Inclusion Report February 20 08 Page 3 • • • A cultural competency goal for the annual conference (introduced 2006) Education programs and dedicated annual conference sessions (2006) The updated Board resolution on Inclusion (2006) Board Resolution on Inclusion, 2006 "RESOLVED that the CMF Board and staff strive to model and promote inclusion as a means to serve and strengthen the work of a diverse membership by working to: (1) Create an inclusive environment in which individuals/grantmakers from different national origins, ethnicities, races, cultures, generations, religions, economic backgrounds and sexual orientations, and with different skills, abilities, lifestyles and beliefs are respected, valued and encouraged to participate; Be governed by a diverse Board of Trustees, and attract and retain diverse staff members; Understand, represent and share the range of philanthropic perspectives held and traditions followed by our members; Encourage members to join with us in developing their own commitment to inclusion for the future of philanthropy in Michigan by signing CMF's Guiding Principles. We believe that diversifying perspectives, talent and experience can help ensure philanthropy's continued leadership in a rapidly changing society. Therefore, building on philanthropy' s best traditions and aspirations, we're working together to develop a new, field-wide agenda for diversity." • Refined human resource policies, changes to internal and external communications (2007) • • • Staff training (initiated 2007) Board approved revisions to the Strategic Plan and Plan of Work (2007). Successful efforts to include diversity and inclusion as core components in (2007): o Essential Skills & Strategies, the standard, national curriculum for new grantmakers o The conceptual framework for grantmaker education being developed by the Forum of Regional Associations ofGrantmakers' Education Task Force In 2007, CMF responded to invitations from The Kresge and C.S. Mott Foundations to engage in a series of discussions about advancing diversity and inclusion across the philanthropic sector. In response, CMF: • Interviewed select member foundations about their current activities, plans and needs • Initiated talks with the Diversity in Philanthropy Project (DPP) about a partnership • Initiated talks with COF, the Forum, Grantmakers for Effective Organizations, The Johnson Center, Alliance for Nonprofit Management and others about possible partnerships • Submitted the five-year framework for the Transforming Michigan Philanthropy Through Diversity & Inclusion Initiative to The Kresge Foundation and received notice in December of the $150,000 grant � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Diversity-and-Inclusion Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book diversity and inclusion Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book diversity and inclusion. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50713 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12