634 24 26018 https://digitalcollections.library.gvsu.edu/files/original/a96ebbde02bd412db887b7f3d5524b7a.pdf a6ed193ada29ea48506ac6791f1fd000 PDF Text Text CMF Council of M ichigan Foundat ions Serving grantmakers. Advancing giving. October 25, 2004 Memo to: S. Martin Taylor, Chair, and Members ofthe Board of Trustees From: Libby Maynard & David Kennedy, Co-Chairs, Government Relations Committee Rob Collier, President Re: Legislative Goals Statement and other Business The Committee met by conference call on October 6 and October 20 and as a result, offers the following three resolutions for your review and consideration. I. Legislative Goals Statement RESOLVED that the Legislative Goals Statement, a copy of which is attached, be approved with the 2004 updates noted in bold. Background We draw your attention especially to Goals 9, 15 and 16: Goal 9 includes text on the work of the Federal Flection Commission to regulate 527 organizations and thereby also 501c(3) organizations. Goal 15 recommends support of legislation that would require a 5 percent payout for donor advised funds. As the explanation indicates, this Tecommendation supports the national standards for community foundations that all Michigan community foundations are working on subscribing to. Goall6 addresses the need to support efforts to update the IRS Forms 990 and 990PF. Finally, Goal 4 in the State section provides an update on legislation to update the Charitable Solicitation Act that affects community foundations and our public charities members that are involved in fund raising as well as grantmaking. II. Position on State Budget Crisis RESOLVED that the Council of Michigan Foundations supports bipartisan efforts to seek long term fiscally responsible solutions, including but not limited to the state's tax structure, that will provide sufficient government funding to services critical for the quality of life expected and deserved by all residents. �Government Relations Report October 25, 2004 Page 2 Background At the June Meeting of the Board of Trustees, a document from the Michigan Nonprofit Association, Socially and Fiscally Responsible Solutions to the State Fiscal Crisis Recommendations to the State Policymakers, was discussed. Because one of the recommendations is to decouple the Michigan Estate Tax from the Federal Estate Tax, a step that contradicts an existing CMF Legislative Goal, the Board of Trustees agreed by consensus to not take a position on this document. However, the Board did ask that staff develop a position statement with input from the Government Relations Committee. The proposed Resolution addresses the interest that CMF take a position to support bi-partisan efforts. III. Senate Finance Committee Discussion Paper R ESOLVED that the Council of Michigan Foundations supports recommendations in the Senate Finance Committee discussion paper to improve the Forms 990 and 990-PF and to allow for the sharing of information between federal and state regulators, and further opposes recommendations in the paper to impose new fees on the nonprofit sector and to change the treatment of administrative expenses. Background The Committee realizes that it will need to spend more time on the many issues raised by the Senate Finance Committee discussion paper. The 19 page Senate Finance Committee discussion paper with its suggested 41 regulatory reforms is enclosed along with an issue summary prepared by Rob Collier with proposed support and oppose positions. Also enclosed is the announcement from Independent Sector ofthe Panel it has been invited to convene to help frame the nonprofit sector's response. We are pleased that Bill Richardson, Bill White and Dottie Johnson, along with Sam Singh, president of the Michigan Nonprofit Association, are all on the panel representing Michigan. The Committee intends to have a conference call with these four individuals later this fall to discuss the work of the Panel and how CMF can assist. Staff, with the assistance oflegal counsel Duane Tamacki, will send a letter to Senators Levin and Stabenow with the positions recommended in the above resolution. Rob Collier will work with Ranny Riecker in presenting this information to Congressman Camp. �CMF Council of M ichigan Foundations Serving grontmaXers. Advancing giving. COUNCIL OF MICHIGAN FOUNDATIONS Legislative Goals Statement The purpose of the Council of Michigan Foundations' Government Relations Committee is to seek support for legislative changes at both the state and national levels that encourage the role and effectiveness of foundation and corporate philanthropy. The CMF Board ofTmstees approved the initial Legislative Statement on March 1, 1979. Revised statements were approved September 19, 1980; January 27, 1982; May 10, 1983; June 14, 1985; April 12, 1988; February 25, 1992; November 4, 1992; November 8, 1995; October 30, 1996; March 13, 1997; November 4, 1998; October 14, 1999; October 2, 2000, October 2, 2001, September 29, 2002, November 10, 2003 and November 3, 2004.* I. INTRODUCTION Foundation and corporate giving has long been a unique part of American society, supported by appropriate federal and state legislation and regulations. While there have been reforms at both levels of government to encourage giving, there have also been provisions in past legislation, such as the 1969 Tax Act, and regulations that serve as disincentives for the creation of new foundations, as well as discourage charitable donations to existing foundations. Because the mission of CMF is to increase, improve and enhance philanthropy in Michigan, the Board ofTmstees has adopted as one of six operating goals- to work with government to encourage the creation and growth of new foundations and corporate giving programs, as well as to reduce the operating regulatory burdens on existing foundations and corporate giving programs. In 1977, the Members of CMF directed the Board of Tmstees to develop a public information program that wou ld support and encourage Michigan foundation philanthropy and include communication with public policymakers. A Government Relations Committee was established to implement the program and has continued to represent CMF Members on their legislative interests and priorities. CMF works with foundation and corporate Members, the Council on Foundations, other regional associations of grantmakers and the Fomm of Regional Associations of Grantmakers, Independent Sector, Michigan Nonprofit Association, and other nonprofit organizations to enhance the understanding of public policymakers about philanthropy and to bring about appropriate legislative changes in laws and regulations. As a result of these efforts by CMF and others, the following goals have been accomplished. *Bolded text signifies 2004 update. Page I �II. NATIONAL GOALS ACCOMPLISHED • • • • • • • • • • • • • • • • Reduction of mandatory pay-out requirement for private foundations to 5% Excise Tax on private foundations reduced from 4% to 2%, and in some cases 1% Private foundation .65 limit on grant administrative expenses tem1inated Fair regulations on private foundation lobbying issued Full deductibility of gifts to private foundations of publicly-traded stock made permanent Gain portion of gifts of appreciated property not subject to the alternative minimum tax Affidavit process for simplifying private foundations grants to non-U.S. charities instituted Private & community foundations allowed to own $-Corporation stock Protected charitable gift annuities as attractive giving vehicle for donors Premiums paid for D&O liability insurance not treated as compensation for trustees Regulation passed indicating U.S. foundation grants to nonresident aliens would be taxed, depending on the place where the research or study takes place Community foundations permitted to administer pooled income fund Due date of first estimated private foundation tax payment on investment income changed to coincide with the due date of the Form 990-PF Generation-skipping transfer law pertinent to the predeceased parent exclusion, extended for charitable lead and remainder trusts Legislation passed eliminating Charitable Split Dollar Insurance Plans Estate tax phased out between 2002 and 2010 III. STATE GOALS ACCOMPLISHED • • • • • • • • • State inheritance tax repealed Community foundation tax credit for individuals and businesses made permanent Definition of community foundation strengthened in tax code Tort liability of volunteers of nonprofit corporations limited Michigan Intangibles Tax repealed 50l(c)(3) organizations allowed to have an insurable interest in the life of an individual who has given written consent Legislation (three separate bills) passed allowing gifts and bequests received by units of local government (cities, villages, counties, public libraries and schools), to be gifted to community foundations Nonprofit Corporation Act amended to allow youth ages 16 and 17 to serve on boards of nonprofit corporations with vote Legislation passed allowing distribution of tobacco settlement funds to state-certified community foundations for healthy youth and healthy senior programs IV. NATIONAL LEGISLATIVE ISSUES 1. Goal: Maintain the private foundation payout rate at not more than 5 percent to protect the real value of foundations' grantmaking capability. *Bolded text signifies 2004 update. Page 2 �Explanation: In order to preserve the "real" grantmaking capacity of a private fow1dation, it is important that all historical financial data be taken into consideration. History has shown that a portion of the annual return should be returned to principal. (Reilly/Skadden, University ofMichigan Graduate School of Business Administration study sponsored by CMF, 198 1 -Private Foundations: The Payout Requirement and Its Effect on Investment and Spending Policies, and a DeMarche Associates, Inc. study "Spending Policies and Investment Planning/or Foundations, " 1995, sponsored by the Council on Foru1dations.) A CMF sponsored study, completed in May 2000 and updated in 2004 by Cambridge Associates, Inc. of the actual performance of a group of Michigan endowed private foundations, confim1s the position of maintaining the payout rate at no more than 5 %. The National Committee for Responsive Philanthropy and the National Network of Grantmakers continue to advocate for legislation introduced that would increase the required payout to 6%. As a result of the compromise that was agreed to by the House on the 2003 CARE Act, some foundations could elect to increase their payout to an estimated 5.4% to handle proposed new regulations concerning administrative expenses or take steps to reduce their administrative expenses not related to grantmaking. However, because the CARE Act never made it to a Conference Committee, new legislation dealing with the treatment of administrative expenses is expected in the 2005 Congress. 2. Goal: Change the limitation on gifts to a private foundation from 20 percent to 30 percent of AGI for gifts of appreciated property and from 30 percent to 50 percent of AGI for gifts of cash. Explanation: Under existing law, the amount deductible by an individual taxpayer for contributions to private non-operating foundations is computed as a percentage of the donor's contribution base (in most cases, his or her adjusted gross income). An individual may deduct only 20 percent of the gifts of appreciated property or 30 percent of gifts of cash. On the other hand, an individual taxpayer can deduct up to 50 percent of his contribution base for cash (and 30 percent for appreciated property) for gifts to public charities. 3. Goal: Increase the deduction allowed a taxpayer for a gift to a private foundation of certain capital gain property. Explanation: Individual taxpayers may deduct the full fair market value of a gift to a private foundation of appreciated property in the form of publicly-traded stock, if the gift is less than 10 percent of the outstanding stock of the company. However, in other cases, such as privately held stock, the amount of deduction continues to be limited to the donor's cost or basis in the stock if the gift is to a private non-operating foundation. The same gift to a public charity entitles the taxpayer to a full fair market value deduction. 4. Goal: Repeal the excise tax on private foundations. *Bolded text signifies 2004 update. Page 3 �Explanation: 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 I 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 fonnula is difficult to administer and can limit charitable giving. Simplification to a flat one percent is an acceptable intennediate step and enjoys bipartisan support in the House and the Senate. It was included in the 2003 House version of the CARE Act, but because the CARE Act has not gone to a Conference Committee, no action is expected in 2004. New legislation wiU need to be introduced in 2005. 5. Goal: Prevent further efforts to reduce the usefulness of the charitable deduction and repeal the three percent floor on itemized deductions. Explanation: In 1990, after initially considering a cap on all itemized deductions, Congress approved a three percent floor in deductions. This floor was scheduled to expire at the end of 1995, but in 1993 was made pem1anent. 6. Goal: Limit lineal descendants who are "disqualified persons" at the level of grandchildren. Explanation: In 1984, the law was amended to limit "disqualified persons" to substantial contributors to a foundation and their children, grandchildren, great grandchildren, and their spouses. The amendment provided that substantial contributors will no longer be considered "disqualified persons" if, over a ten-year period, they meet certain requirements to distance themselves from the foundation. However, there is still no logical rationale - - or examples of abuse - - to justify the inclusion of lineal descendants beyond the level of grandchildren. 7. Goal: Modify the law to permit the "out of corpus" requirement to be met by a foreign grantee if sufficient documentation is provided showing that the full amount of the grant was spent for the specified purposes within 12 months after the year the grant was made. Explanation: When making grants to some foreign charities, private fow1dations are required to treat them as private foundations. Any grant from a private foundation to another private foundation requires that tl1e amount granted "flow through" the grantee and out as qualifying distributions that are made "out of corpus" by the end of the following year. The purpose for this rule is to prevent a foundation from avoiding the payout rule by having one private foundation give to another, who then simply adds the grant to its endowment (corpus), with charitable grantees receiving no benefit. In the foreign grant context, the grantee rarely has any endowment and totally misunderstands the concept of "out of corpus." 8. Goal: Secure passage of legislation providing a charitable deduction for non-itemizers. *Bolded text signifies 2004 update. Page 4 �Explanation: Most taxpayers no longer file the long tax form that permjts itemized deductions; instead they file the short form that allows only a standard deduction. From 1983 to 1986 non-itemizers were permitted to take the standard deduction plus itemize charitable contributions within certain limits, but the deduction expired January 1, 1987. The CARE Act passed in 2003 by both the Senate and the House includes a two-year limited deduction. Although considered a priority of President Bush, the Senate has not allowed this legislation to go to a Conference Committee. Thus no action is expected in 2004. The Senate Fiscal Agency has evaluated the cost of the nonitemizer and deemed that it will cost the federal government more than it will generate in new charitable giving. As a result Senator Levin has indicated his nonsupport for this issue. Independent Sector, that has been the lead advocate, is reassessing whether it will promote this issue in a new CARE Act in 2005. 9. Goal: Support reasonable limits on the degree to which foundations and charities can lobby or otherwise influence public policy decisions and oppose unreasonable limits that adversely affect grantmaking. Explanation: Continuous monjtoring is ,e ssential to oppose unreasonable and unnecessary regulatory reporting burdens on both foundations and their grantees. For example, in 2004 the activity of the Federal Election Commission has generated significant interest by grantmakers and their grantees. On March 4, 2004, the Federal Election Commissioners approved a Notice of Proposed Rulemaking (NPRM-POF), which was published in the Federal Register with a request for public comments. In addition to proposals specific to 527s, the FEC asked for comments on whether 501(c)(3) and 501(c)(4) organizations should be included in the definition of political committees. Political committees are prohibited from raising money from corporations (including nonprofit corporations) or unions or from using contributions in excess of $5,000 from an individual to pay for electioneering activities. Political committees must also disclose names of contributors in regular reports to the FEC, and contributions to such committees are not tax-deductible. Independent Sector (IS) worked with a group of members to prepare comments (PDF) on the FEC's proposed rule of March 2004 that were co-signed by 80 organizations. IS's comments focus on the serious impact the proposed changes would have on 501(c)(3) and (c)(4) nonprofits and stress the following points: 501(c)(3) and (c)(4) organizations should be excluded from the definition of political committees. Current tax law already limits the lobbying and partisan political activities of these groups. The FEC should maintain its current, clear distinction between " express advocacy" communications (those that clearly call for a vote for or against a particular candidate or political party) and other nonpartisan communications. It should not *Bolded text signifies 2004 update. Page 5 �adopt IRS standards for partisan advocacy, which were designed for a different regulatory and enforcement regime. Voter registration and get-out-the-vote activities should only be considered political expenditures if they are clearly tied to a candidate or party. Activities targeted to specific populations (e.g., women, African Americans, a particular neighborhood, members of a particular organization) should not be considered political "expenditures" simply because those populations may be " more likely" to vote for a particular candidate or party. The FEC should not issue rules without further guidance from Congress. Major changes such as those contemplated deserve full debate and action by elected representatives. 10. Goal: Support legislation to eliminate the classification of realized gains and income, derived from leveraged real estate investments by foundations, as unrelated business taxable income. Explanation: Foundations and nonprofit organizations are significant investors in the real estate market. However, income derived from leveraged real estate investments, owned directly or through partnerships, is currently taxed as unrelated business taxable income (UBTI). Private foundations should be treated in the same manner as educational organizations and qualified pension plans, which since 1980 have been exempt from the debt-financed property rules with respect to the acquisition of certain real property. 11 . Goal: Permit tax-free distribution from individual retirement accounts (IRAs) for charitable purposes. Explanation: It is proposed that direct gifts from an IRA to a charitable organization would not be taxed as income to the account-holder who has attained the age of 59 Y2 years of age, if the disbursement is made directly to either a qualified charity or a qualifying deferred giving plan. It is anticipated that such a law would increase contributions to many charitable organizations, including community foundations. This issue has received bi-partisan support in both the House and Senate versions of the CARE Act. Because the Conference Committee has never met to resolve differences in the age of 59 Y2 or age 70 Yz, the Act will not be voted on in 2004. Legislation on this issue will likely be introduced in 2005 with the age of 70 Yz because it is less expensive to the federal budget in terms of lost revenue. 12. Goal: Avoid excessive regulations on corporate giving. Explanation: CMF supports public accountability, but not excessive regulation, which would require costly administration. The House version of the 2002 Corporate and Accounting: Accountability and Transparency Act included three reporting provisions (all Board service by officers, directors, and significant family members; all gifts of $10,000 or more; all transactions valued at $10,000 or more) that would have a negative *Bolded text signifies 2004 update. Page 6 �impact on corporate philanthropy. Working with the Council on Foundations, CMF was successful in ensuring that this provision was not included in the Senate version, the version signed into law in the summer of 2002 by the President. Representative Gilmore of Ohio continued in 2003 to introduce legislation to impose additional reporting requirements on corporate giving programs, but the legislation has never made it out of Committee. He is expected to reintroduce the Bill again in 2005 without sufficient Committee support to bring it to a vote. 13. Goal: Monitor the impact of estate tax legislation passed in 2001 on creation of new foundations and gifts to existing foundations. Explanation: The "Tax Relief Reconciliation Act of2001" passed by the Congress and signed into law by the President in June 2001, phases out the Estate Tax between 2002 and 2010. Full repeal however is only in effect for the year 2010. The estate tax then reverts, unless new legislation is passed, to the 2000 tax code status. While it is the position of CMF to not support or oppose legislation that has a broad impact beyond the charitable field, it is necessary to monitor the impact on philanthropy of this legislation and future changes that might be made in the estate tax. While President Bush has indicated that it is a priority to make the repeal of the estate tax permanent, the Senate leadership has not been able to obtain sufficient support from both parties to support such a step. Legislation is expected to be introduced in 2005, based on the results of the November 2004 Presidential election, to try again on a vote for permanent repeal. 14. Goal: Support efforts to incorporate philanthropy as an objective of legislation providing financial resources to character education and other K-12 educational initiatives. Explanation: CMF was successful through the Learning to Give initiative in having the word "giving" added to the definition of character education in the 2002 Education Bill signed by President Bush. Learning to Give is assisting when appropriate national partners and universities to ensure that giving is incorporated in new character education programs funded by the Department of Education. While Learning to Give was successful in obtaining a delegation wide 2003 earmark request for $2.5 million, the request did not receive support from the Administration. Efforts will continue to seek federal resources to support programs implementing Learning to Give. 15. Goal: Support legislation requiring a five percent payout for Donor Advised Funds. Explanation: Legislation is expected in 2005 that would impose a payout requirement on Donor Advised F unds similar to that required of private foundations. The legislation would define Donor Advised Funds as public charities that primarily make grants to charitable beneficiaries pursuant to advice provided by the donor. The proposal is caused by concerns of members of Congress that some Donor Advised Funds administered by organizations such as the F idelity Gift Fund never make a charitable distribution. Because the five percent payout is *Bolded text signifies 2004 update. Page 7 �recommended by both Michigan and national standards for community foundations, it seems appropriate to support such legislation. 16. Goal: Support efforts to make the IRS forms 990 and 990PF more useful to the public, foundations, charities and regulators as prime sources of reliable information on the nonprofit sector. Explanation: Recent efforts by the Foundation Center, National Center on Charitable Statistics, and Council on Foundations to present accurate data to Congress on the administrative costs of operating a private foundation, indicate that the existing 990PF and companion 990 For m are inadequate in their current formats. A review of 30 990PF returns by CMF staff in January 2004 confirmed the problems fliers are having with the current forms. The Foundations Financial Officers Group, with Michigan representation, is beta testing a revised 990-PF form in the fall of 2004. Introduction of a new form is expected for 2006. V. STATE LEGISLATIVE ISSUES 1. Goal: Monitor and support the continued granting of property tax exemption by local units of government to foundations. Explanation: CMF, working with partners such as the Michigan Nonprofit Association, will closely monitor cases that could adversely impact foundations, such as in Ann Arbor, where nonprofit organizations are being forced by local tax authorities to appeal their tax exemption status to the State Tax Tribunal, and if needed, consider filing letters of support with the Tax Tribunal. 2. Goal: Support legislation encouraging a tax-deduction for charitable contributions from individuals. Explanation: Other states have found that a tax deduction mirroring the federal tax code does motivate additional gifts by individuals to charities. While the introduction of legislation in tough economic times is unlikely, the Michigan Nonprofit Association is taking the lead in promoting this issue with the legislature. 3. Goal: Promote legislation necessary for a portion of the state tobacco settlement funds to be annually granted to CMF for distribution to certified Michigan community foundations for Healthy Youth and Healthy Senior purposes. Explanation: Michigan's share of the national tobacco settlement ($206 billion over the next 26 years) between 46 states, five commonwealths and territories and the District of Columbia with five tobacco companies, representing 97.5% of the industry, is $8.3 billion. The master settlement agreement does not specify how states may spend their settlement payments. Since 2001 , CMF has distributed more that $20 million of interest earned on the tobacco settlement funds not used for the Merit Scholarship Program and earmarked annually through the Department of Career Development budget. Annual advocacy is required to insure that the Legislature understands the valuable role *Bolded text signifies 2004 update. Page 8 �community foundations play in this distribution and continues the annual budgeting allocation. Because of the State's fin ancial budget problems, no funds were appropriated for this effort in 2004. Discussions are ongoing with the Administration about receiving an allocation from the Healthy Michigan Fund for 2005 as well as from the State' s increased tobacco tax in 2006. 4. Goal: Support legislation to simplifY the Charitable Solicitations Act. Explanation: Community foundations are required, as well as other charitable nonprofits, to file for an annual solicitation license. The licensing, enforcement, and appeal processes are not considered user friendly by nonprofits and do not reflect the changing cost in fundraising. The Michigan Nonprofit Association is leading the effort on this issue. Senate Bill1114 has been introduced with support from Attorney General Cox and is expected to be acted on in 2005. Negotiations are still ongoing between MNA, the Senate, and the Office of the Attorney General about the proposed sliding fees that will be charged for the first time to receive this license. 5. Goal: To monitor administration of the permanent community foundation tax credit and its relationship to other existing and proposed tax credits. Explanation: As a result of term limits CMF staff continually work with legislators to explain the tax credit and the role of community foundations. There is an on-going effort by other nonprofit sector groups such as hospitals, schools and community development corporations to obtain targeted tax credits without acknowledgement of the potential to meet their needs through the existing community foundation tax credit. In addition, CMF staff assists Treasury Department staff to insure that the re-certification process is working with certified community foundations that cover all 83 counties. 6. Goal: To assist the Charitable Trust Section of the Attorney General's office, an important source of information about charitable giving and the nonprofit sector in Michigan. Explanation: In 2004 Attorney General Cox approved creation of a Nonprofit Advisory Council to the Charitable Trust Section, led by his Deputy Attorney General Carol Issacs. CMF has three representatives on the Council, which is considered a national model and is now being replicated buy other Attorneys General. The Committee will meet three times a year and assist the Section on issues related to charitable giving and charities. In addition, the staff leader of the Section attends the CMF Annual Conference. This relationship is vital because there are recent cases in which state attorneys general have initiated litigation against foundations for excess compensation and self dealing abuses as well as examples of unfavorable state legislation initiated by attorneys general. S:\Boards and Comm itees\C M F\ Board\2004\ 1 1.3 .04 MtgMateria ls\LegislativeGoalsStmt.doc *Bolded text signifies 2004 update. Page 9 �StaffDiscussion Draft This discussion draft is released by the Finance Committee as a staffdocument. The document reflects proposals for reforms and best practices in the area of tax-exempt organizations based on staff investigations and research as well as proposals from practitioners, officers and directors ofcharities, academia and other interested parties. This document is a work-inprogress and is meant to encourage and foster additional comments and suggestions as the Finance Committee continues to consider possible legislation. A. Exempt Status Reforms 1. Five-year review of tax-exempt status by the IRS. On every fifth anniversary of the IRS's determination of the tax-exempt status of an organization that is required to apply for such status, the organization would be required to file with the IRS such information as would enable the IRS to detem1ine whether the organization continues to be organized and operated exclusively for an exempt purposes (i .e. whether the original detennination letter should remain in effect). Information to be filed would include current articles of incorporation and by-laws, conflicts of interest policies, evidence of accreditation, management policies regarding best practices, a detailed narrative about the organization' s practices, and financial statements. Such infonnation would be made publicly available. The IRS would not be required to issue a new determination letter (or to review all organizations), but would be permitted to revoke tax-exempt status if a review undertaken by the IRS concluded that the organization no longer was entitled to exemption. Failure to file the fiveyear review would result in loss of tax-exempt status. A sliding scale processing fee would be charged of all filers by IRS/EO to cover all costs of the reviews performed. (If adequate funding is provided from a 990 fili ng fee or appropriation of the tax on net investment income of private foundations, a fee for the five-year review may not be required).' 2. Donor advised fund reforms In general, donor advised funds (DAF) are public charities that primarily make grants to charitable beneficiaries pursuant to advice provided by the donor. Donor advised funds are not defined under present law and arc not subject to any special rules regarding organizational and operational requirements; yet the donor advised fund model is susceptible to abuse. Definitional and other requirements with respect to DAFs would include: 1) Contributions to a DAF other than cash or publicly traded securities would have to be sold within one year of contribution and a plan for sale must exist at the time of gift (alternatively, a DAF may accept only cash or 'The term "charities" or "charitable organizations" when used in this staff discussion draft refers to any organization described in section 501(c)(3). Page 1 of 19 �publicly traded securities); 2) a DAF would not be permitted to make grants to a non-operating private foundation or to individuals; 3) a DAF would be required to secure from the grantee an acknowledgment that the grant will not convey a private benefit to the advising donor; 4) a DAF would be required to meet an aggregate annual payout consisting solely of grants paid of 5 percent of the DAF's assets - failure to meet the payout would result in a tax similar to that applicable to private nonoperating fom1dations; 5) individual accounts in a DAF would have to meet a minimum activity threshold; 6) a DAF would be required to disclose its existence on its Form 990 and show satisfaction of the payout and all other requirements; 7) grants by a DAF to nondomestic organizations would be pcmutted only if the nondomestic organization appears on an IRS published list of approved foreign orgruuzations; 8) DAF grants would be pennitted to satisfy a donor's charitable pledge; 9) a DAF's investment mrumgers would be hired according to arm's length principles; 10) a DAF generally would not be permitted to expend amounts for grantee selection, such as site visits, that extend beyond basic due diligence of grant approval; and 11) fees for refermls or transfers of funds to a DAF would be limited. 3. Supporting organizations Eliminate Type ill supporting organizations. This has been an area of significant abuse. Donor Advised Funds can effectively substitute to serve legitimate purposes of such organizations.2 4. Revise exemption standards for credit counseling organizations A nonprofit credit counseling agency would be eligible for exempt status as ru1 organization described in section 501 (c)(3) or (c)(4) only if it: (1) at all times conducts as its primary activity (a) the providing of educational information to the general public on budgeting, buying practices, and the sound use of consumer credit; (b) assisting individuals and families with financial problems by providing them with individual counseling tailored to their specific needs and circumstances, ru1d, if necessary, by establishing budget plans; or (c) any combination of such activities; (2) makes no loans to debtors, negotiates no loans on behalf of debtors, and provides no credit repair services (i.e., services for the purpose of improving any consumer's credit record, creclit history, or credit rating) or similar services; (3) may not refuse to provide counseling services to a consumer due to inability to pay or to qualify for debt management plan enrollment, or because of a consumer' s unwillingness to enroll in a debt management plan; (4) limits any debt management and similar services to individuals or families for whom a debt management plan is determined to be the most appropriate means to relieve fmancial distress; (5) at all times bas a board of directors or other governing body (a) that is controlled by persons who represent the broad interests ofthe public, consisting of public officials acting in their capacities 2 Sce Donors Set Up Grant-Making Groups, Then Borrow Back Their Gifts, Lipman and Williams, the Chronicle of Philanthropy, February 5, 2004. Note: the sources cited in this staff discussion draft are not intended to be exhaustive of the materials relied on in this draft but are provided to be helpful to the reader. Page 2 of 19 �as such, persons havin g special knowledge or expertise in credit counseling and education, and commwuty leaders, such as elected or appointed officials, clergy, educators, civic leaders, or other such persons representing a broad cross-section of the views and interests of the community; and (b) not more than 20 percent of the voting power of which is vested in persons who are employed by the organization or who will benefit financially, directly or indirectly, from the organization's activities (other than through the receipt of reasonable directors fees); and (6) is not related to a person that is in the business of lending money or that provides debt management, credit repair, payment processing, and similar services. In addition to the above, a credit counseling agency would be exempt as a charitable or educational organization only if it (1) at all times is organized and operated exclusively for charitable or education purposes; (2) charges no fees or nominal fees for services provided to low-income individuals and families and for credit counseling or education services (and waives its fees in those instances where payment would work a financial hardship), receives no compensation for referrals for services provided to the consumer, and does not solicit voluntary contributions from its clients during the initial counseling process or while the client is receiving services from the organization; (3) limits any debt management services to low-income individuals and fam ilies; and (4) satisfies all other requirements of section 501 (c)(3). A nonprofit credit counseling agency would be eligible for exempt status as an or ganization described in section 501(c)(4) only if it: (1) charges no or nominal fees for its credit counseling and education services (and waives its fees in those instances where payment would work a financial hardship), receives no compensation for referrals for services provided to the consumer, and any fees charged for debt management and other services must be reasonable in relation to the services provided by the organization to the client; and (2) satisfies the other requirements of section 501 (c)(4). 5. Revoke charitable status for accommodations to tax shelters Charitable organizations that are deternuned by the IRS to be accommodating parties to a listed tax shelter transaction or reported transactions (with a significant purpose oftax avoidance) must have received affinnation that the transaction is not a listed or reported transaction. Failure to receive such an affirmation would result in revocation of section 170 status (ability for donors to receive charitable deduction for contribution) for one year with reinstatement only after detennination by IRS. There would be a 100 percent tax on all accommodation fees or other direct benefits - net of certain costs to charity. B. Insider and Disqualified Person Reforms 1. Apply private foundation self-dealing rules to public charities and modify intermediate sanction compensation rules Under present law, excise taxes apply if private fow1dations engage in acts of self-dealing Page 3 of 19 �with disqualified persons. Self-dealing transactions generally include the sale, exchange, or leasing of property; the lending of money or other extension of credit; the furnishing of goods, services, or facilities; payment of unreasonable compensation by a private foundation; transfer to or use by a disqualified person of a private foundation 's income or assets; and certain payments to govermnent officials. With the exception of the payment ofunreasonable compensation, these rules would be extended to public charities (and social welfare organizations) so that, in general, self-dealing transactions bct\veen a public charity (or social welfare organization) and a disqualified person would result in excise taxes. In general, the definition of disqualified person for purposes of the private foundation rules would be adopted for public charities, except that adjustments would be made to include persons with substantial influence over the organization, and the rules would be modified as necessary to take into account relationships with affiliated or supporting entities. With respect to compensation, the regulations that apply to the compensation arrangements of public charities generally would be modified with respect to the rebuttable presumption of reasonableness and reliance on expert opinion as to reasonableness.3 2. Expand definition of disqualified person For purposes ofthe self-dealing rules (as modified to apply to public charities and social welfare organizations), the defmition of a disqualified person would be modified to include a corporation or partnership with respect to which a disqualified person is a person of substantial influence. 3. Increase taxes for self-dealing, .ieopardizing investments, and taxable expenditures Initial taxes for acts of self-dealing (including as applied to public charities) would be increased from 5 percent to XX percent of amount involved with respect to the self-dealer and from 2.5 percent to XX percent with respect to the foundation manager. The tax on the foundation management for participation in ajeopardizing investment of the foundation would be increased from 5 percent of the amount invested to XX percent. If a foundation manager fails to agree to correction of the jeopardizing investment, the penalty for such failure would be increased from 5 percent of the amount of the investment to XX percent. The tax on foundation managers for agreeing to make a taxable expenditure would be increased from 2.5 percent of the amount expended to XX percent. 4 3 See Reforming Nonprofit C01poration Law, Hansmallll, 129 U. Pa. L. Rev. 497, 569 573 (1981) (proposal of flat prohibition against a11 self-deal ing transactions involving controlled persons in nonprofit organizations). 4 See Governing Nonprofit Organizations: Federal and State Law and Regulation, Fremont-Smith, Belknap Harvard, p. 455 (2004) (advocating removal of punitive taxes imposed on foundations but advocating at the same time adoption of more meaningful sanctions on foundation managers who have caused the foundation to enter into the prohibited transactions; considers whether the standard for sanctions on manager involvement in prohibited transactions Page 4 of 19 �4. Compensation of private foundation trustees Many private foundations choose not to pay any compensation to trustees. Some private foundations, however, choose to pay trustees significant sums as compensation for work that some would argue should be conducted voluntarily and not to the detriment of charitable bencficiaries.5 Under the proposal, compensation to tmstees of a nonoperating private foundation would not be permitted; or, in the alternative, would be permitted up to a statutorily prescribed de minimis amow1t. 5. Compensation of disqualified persons. Compensation of disqualified persons at nonoperating private foundations (other than persons who are disqualified by reason of employment) must use comparable federal government rates for similar work and similar time to support salary. Compensation (or severance payments) to other individuals above $200,000 (and above $75,000 for disqualified persons- not including persons who are disqualified as a manager) trigger filing of additional supporting material with the IRS, which would be publicly available. The IRS would charge a sliding-scale processing fee to review. In addition, all compensation that is subject to special IRS filing requirements must be approved annually and in advance by the Board of Directors (excluding from the approval process those members of the Board who have a conflict with respect to the compensation being considered). C. Grants and Expense Reforms 1. Treatment of administrative expenses of nonoperating foundations Private nonoperating foundations that have administrative expenses (which would be defined for this purpose as any expense of a private nonoperating foundation other than a grant to charity) above 10 percent of the foundation's total expenses would be required to file additional supporting material with the IRS, which would be publicly available. Review by the IRS of such supporting material would include a review for purposes of determining whether the administrative expense was "reasonable and necessary" for purposes of counting as a qualifying distribution w1der the payout rules. The IRS would charge a sliding-scale processing fee to review. Administrative costs above 35 percent of a foundation's total expenses would not count should be "knew or should have known" instead of the present law standard of knowledge that the act involved was a violation and was not willful and was due to a reasonable cause -"a heavy burden for the IRS to prove.") 5 See Foundation Trustee Fees: Use and Abuse, Ahn, Eisenberg and Khamvongsa, The Center for Public and Nonprofit Leadership, Georgetown Public Policy Institute (September 2003). Page 5 of 19 �as a qualifying distribution for purposes of the payout requirement. 2. Encourage additional grant-making by private foundations For each year that a private foundation pays out more than 12 percent of the foundation's non-charitable use assets retum exclusively for grants, the foundation would not have any liability for the excise tax on net investment income in such year. 3. Prohibit foundation grants to donor advised funds. In order to prevent circumvention of foundation anti-abuse rules, private foundations would be prohibited from making grants to donor advised funds. 4. Limit amounts paid for travel, meals, and accommodation For purposes of paying expenses for travel, meals, and accommodation, charities would be subj ect to the applicable U .S. government rate, or an alternative established/published nonprofit corporate rate (perhaps published by the IRS). A penalty for failure to comply would be 10 percent of the excess payment, payable by the organization and disgorgement of the excess by the individual. Public charities would not be subject to such limitations if, for each expense in excess of the limitation, the Board of Directors of the charity approves the expense and such approval is disclosed on the charity's Form 990. D. Federal-State Coordination of Actions and Proceedings 1. Establish standards for acquisition/conversion of a non-profit Concerns have been raised that conversions of tax exempt organizations to for profit organizations have not been conducted in a manner that sufficiently protects charitable interests and assets. The proposal would establish standards for review by State/Federal authorities of conversion transactions to ensure that the acquisition or other conversion occurs only if it is found by the State or Federal reviewer to be necessary to serve the public interest and best serves the interests of the intended beneficiaries of the organization's assets. IRS reporting requirements would be imposed on an exempt organization considering a conversion and would be publicly available (e.g., notification of the IRS within 10 days of establishing intent to pursue a conversion transaction; execution of letter of intent to convert; execution of definitive agreement to convert; adoption of conversion plan; adoption of material changes to the plan or agreement; and consummation of conversion plan). In addition, the organization must provide the IRS a reasonable opportunity to participate in a conversion proceeding conducted or overseen by State authorities, both as a creditor relating to potential unpaid conversion taxes and as a protector of charitable trust assets. Completion of conversion would have to be conditioned upon IRS approval of the conversion (or failure to disapprove within one year of seeking approval) or consummation of con version would trigger Federal tax liability for the organization at the highest Page 6 of 19 �corporate/trust incom e tax rate on unrealized built in gains on assets held by the organization at the time of conversion (including any assets disposed of in contemplation of conversion).6 This would apply to any substantially similar transaction where major charitable assets are transferred to a for profit entity. IRS would be allowed to impose a filing fee. The proposal would impose modified self dealing or excess benefit tran saction rules with respect to severance arrangements and stock (and stock rights) arrangements with r espect to successor entities to address officer and employee compensation arrangements entered into with respect to conversion transactions, and establish reporting requirements for the same. 2. Provide States the a uthority to pursue federal actions States would be provided the authority to pursue certain Federal tax law violations by exempt organizations with approval of the IRS . States already are provided such authority with respect to certain F ederallaw violations that are enforced by the Federal Trade Commission. E. Improve Quality and Scope of Forms 990 and Financial Statements The Form 990 (and related Forms 990-PF and 990-EZ) is an annual information return filed each year with the IRS by most exempt organizations. In general, its purpose is to provide detailed financial and programmatic information about the organization. The form is publicly available and serves as the basis for oversight of tax exempt organizations and infonnation to the public. In a report to the Finance Comm ittee, the General Accounting Office found significant problems in the accuracy and completeness ofForm 990.7 Other studies, including by the General Accounting Office, have highlighted that there are no common standards for filing the Form 990 and thus similarly situated charities can have very different Form 990s.8 Because of the significant role played by the Form 990 in public and governmental oversight of tax-exempt organizations, som e reforms are necessary to ensure accurate, complete, timely, consistent, and informative reporting by exempt organizations. 6 See generally, The Fiduciary Duties of Nonprofit Directors and Officers: Paradoxes, Problems, and Proposed Reforms, Goldschmid, 23 Iowa J. Corp. L. 631,651 -52 (1998) (suggesting heightened scrutiny and disclosure for conversions). 7 GA0-02-526 Tax-Exempt Organizations: Improvements Possible in Public, IRS, and State Oversight of Charities (April 2002). 8See Reengineering Nonprofit Financial Accountability: Toward a More Reliable Foundation for Regulation, Keating and Frumkin, Hauser Center for Nonprofit Organizations and The Ke1medy School of Govemment, Harvard University (August 2000) and Can Public Trust in Nonprofits and Governments B e Restoretfl, Herzlinger, Harv. Bus Rev., (March-April 1996). Page 7 of 19 �1. Require signature by Chief Executive Officer Require that the chief executive officer (or equivalent officer) of a tax-exempt organization sign a declaration under penalties of perjury that the chief executive officer has put in place processes and procedures to ensure that the organization's Federal infonnation return and tax return (including Form 990T) complies with the Internal Revenue Code and that the CEO was provided reasonable assurance of the accuracy and completeness of all material aspects of the return. This declaration would be part of the information or tax return. A similar proposal in the Senate JOBS bill requires that the CEO of a taxable corporation make an attestation regarding the corporation's tax return. 2. Penalties for failure to ftle complete and accurate 990. The present law penalty for failure to file or to include required information is $20/dayup to the lesser of $10,000 or 5 percent of gross receipts per return (increased to $1 00/day up to $50,000 per return for organizations with gross receipts over $1 million in a year). Under the proposal, the penalty for fai lure to file would be doubled and for organizations with gross receipts over $2 million per year, the present law penalty would be tripled. Failure to file a required 990 for two consecutive years (or for three of four years) could result in loss of tax exemption, or other penalties such as loss of status as an organization to which deductible contributions may be made.• In addition, a separate penalty of $20/day would apply to each failure to include required information on a filed 990 (for example, failure to check a required box), up to a per retum maximum of the lesser of $20,000 or 5 percent of the organization's gross receipts. For organizations with gross receipts over $1 million the rate would be $40/day with a per return maximum of $50,000. For organizations with gross receipts over $2 million the rate would be $75/daywith a per return maximum of$100,000. Additional penalties could be brought against a CEO who signs the return as well as against a paid preparer (including employees)." All penalties would be retained by Exempt Organizations within the IRS. 3. Penalty for failure to tile timely 990 Extended delays in filing the Form 990 affect the ability of donors to evaluate a charitable organization for purposes of making contributions as well as effective oversight. Under the 9 The CARE Act of 2003 contains a proposal that generally would revoke the exemption of an organization that failed to file a Form 990 for three consecutive years. 10 The CARE Act of 2003 contains a proposal that generally extends the present law penalty on return preparers of a tax return to persons who prepare (for compensation) the inforn1ation return of an exempt organization. Page 8 of 19 �proposal, extensions of greater than 4 months would be considered a failure to file. 4. Electronic filing The IRS may require tax exempt organizations to file electronically. The IRS would be required to have electronic filing capability in place by January 1, 2006. The IRS would be required to capture all data required to be reported through electronic filing by January 1, 2007. The IRS also would be required to coordinate electronic filing with State officials to assist State law enforcement, encourage unifonn reporting and simplify reporting for tax exempt organizations. 5. Standards for filing The IRS must promulgate standards for filing a Form 990. Standards would be required by January 1, 2006. As noted above, because there are no standards for filing a Form 990, similarly situated charities can have materially different Form 990s. As a financial statement will be required for most large charities, the standards for the financial statement should conform with the similar data requests from a Form 990. 6. Independent audits or reviews. Form 990 (and/or annual report) would be subject to a review by an independent auditor for conformity to established Form 990 filing standards. The auditor's report would be attached to the Form 990 and would be a public document. In addition, for an exempt organization with over $250,000 of gross receipts, an independent audit of the organization's financial statemen ts would be required, including certification regarding the organization's exposure to the unrelated business income tax. A new auditor must be used at least every five years. If the organization's gross receipts exceeds $100,000 but is not more than $250,000, its financial statements must be reviewed by a certified public accountant." 7. Enhanced disclosure of related organizations and insider transactions Require, as an attachment to Form 990, an affiliations chart showing the organization's relationship w ith its affiliated exempt and nonexempt organizations. Require enhanced 990 reporting of formation of taxable subsicliaries, and enhanced disclosure of an exempt organization's transactions with such organizations. Require enhanced 990 reporting of insider deals and ancillary joint ventures. Require that an exempt organization attach to Form 990 a schedule listing all partnership interests and the tax exempt organization's role in the partnership. Require that an exempt organization attach to F onn 990 all tax opinions received by the 11 See generally, BBB Wise Giving Alliance, Standards for Charity Accountability (BBB), Standard 11, and Evangelical Council for Financial Accountability (ECFA) Standard 3. Page 9 of 19 �organization involving agreements with insiders, and all conflicts of interest opinions. 8. Disclosure of performance goals, activities, and expenses in Form 990 and in financial statements Charitable organizations with over $250,000 in gross receipts would be required to include in the Fonn 990 a detailed description of the organization's annual performance goals and measurements for meeting those goals (to be established by the Board of Directors) for the past year and goals for the coming year. The purpose of this requirement would be to assist donors to better determine an organization's accomplislunents and goals in deciding whether to donate, and not as a point of review by the IRS. Charitable organizations would be required to disclose material changes in activities, operations or structme. Charitable organizations would be required to accmately report the charity's expenses, including any joint cost allocations, in its fmancial statements and Fonn 990.12 Exempt organizations would be required to report how often the Board of Directors met and how often the Board met, without the CEO (or equivalent) present. 9. Disclose investments of public charities Public charities would be required to make publicly available, upon request, the charities' investments. A somewhat similar, but more extensive requirement, is already placed on private foundations. Smaller public charities would not be required to provide such information. F. Public Availability of Documents Public oversight is critical to ensuring that an exempt organization continues to operate in accordance with its tax exempt status. For charitable organizations, public oversight provides donors with vital information for determining which organizations have the programs and practices that will ensure that contributions will be spent as intended. Oversight is facilitated under present law by mandated public disclosure of infonnation retums and applications for taxexempt status, but more can be done. 1. Disclosure of financial statements Exempt organizations would be required to disclose to the public the organization's financial statements. 2. Web-site disclosure 12 See BBB, Standard 13. Page 10 of 19 �Exempt organizations with a web-site would be required to post on such site any return that is required to be made public by present law, the organization's application for tax exemption, the organization's determination letter from the IRS, and the organization's financial statements for the five most recent years. 3. Publication of final determinations The results of audits of tax-exempt organizations and closing agreements with tax exempt organizations would be disclosed without redaction." Disclosure may be redact the organizations identity if the audit is initiated pursuant to a voluntary disclosure by the tax-exempt organization to the IRS. 4. Require public disclosure of Form 990-T and affiliated organization returns The Fonn 990-Tis the tax return filed by exempt organizations with unrelated business taxable income. The fonn would be made public (with appropriate redactions, e.g., for trade secrets). In addition, the tax returns filed by affiliated organizations would be made public (perhaps as part of a revised Form 990-T)." 5. Require public corporation filing of charitable giving return. Publicly-traded corporations would be required to file annually with the IRS a return showing all gifts over $10,000 (in the aggregate) for which a charitable deduction is claimed by the corporation in the corporation's taxable year. Such return would be made publicly available. G. Encourage Strong Governance and Best Practices for Exempt Organizations 1. Board Duties 13 Tills proposal follows a recommendation of the staff of the Joint Committee on Taxation. Joint Committee on Taxation, Study ofPresent-Law Taxpayer Confidentiality an Disclosure Provisions - Volume II: Study ofDisclosure Provisions Relating to Tax-Exempt Organizations (January 28, 2000), p. 5-7 (noting that such information will be of benefit to the public in determining whether the organization is in compliance with the law and how the organization is using funds). 14 This proposal follows a recommendation of the staff of the Joint Committee on Taxation. Joint Cmm11ittee on Taxation, Study ofPresent-Law Taxpayer Confidentiality an Disclosure Provisions- Volume II: Study ofDisclosure Provisions Relating to Tax-Exempt Organizations (January 28, 2000), p. 93. Page 11 of 19 �A charitable organization shall be managed by its board of directors or trustees (in the case of a charitable trust). 15 In performing duties, a Board member has to perform his or her duties in good faith; with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and in a mmmer the director reasonably believes to be in the best interests of the mission, goals, and purposes of the corporation. An individual who has special skills or expertise has a duty to use such skills or expertise. Federal liability for breach of these duties would be established. Any compensation consultant to the charity must be hired by and report to the board, and must be independent. Compensation for all management positions must be approved annually and in advance unless there is no change in compensation other than an inflation adjustment. Compensation arrangements must be explained and justified and publicly disclosed (with such explanation) in a manner that can be understood by an individual with a basic business background. · The Board must establish basic organizational and management policies and procedures of organization and review any proposed deviations. · The Board must establish, review, and approve program objectives and performance measures and, review and approve significant transactions. · The Board must review and approve the auditing and accounting principles and practices used in preparing the organization's financial statements and must retain and replace the organization's independent auditor. An independent auditor must be hired by the Board and each such auditor may be retained only five years. · The Board must review and approve the organization's budget and financial objectives as well as significant investments, joint ventures, and business transactions. · The Board must oversee the conduct of the corporation's business and evaluate whether the business is being properly managed. · The Board must establish a conflicts of interest policy (which would be required to be disclosed w ith the 990), and require a summary of conflicts determinations made during the 990 reporting year. · The Board must establish and oversee a compliance program to address regulatory and liabil ity concerns. 15 The duties of a board that are described in this paper would also be the duties of a trustee for a charitable trust. Page 12 of 19 �The Board must establish procedures to address complaints and prevent retaliation against whistleblowers.16 All of these requirements must be confirmed on the Form 990. Relaxation of certain of these rules might be appropriate for smaller tax exempt organizations. 2. Board Composition Board shall be comprised of no less than three members and no greater than fifteen. No more than one member may be directly or indirectly compensated by the organization. Compensated members may not serve as the board's chair or treasurer.17 For public charities, at least one board member or one-fifth of the Board must be independent. A higher number of independent board members might be required in limited cases. An independent member would be defined as free of any relationship with the corporation or its management that may impair or appear to impair the director's ability to make independent judgments. 3. Board/Officer Removal Prohibition on services. Any individual that is not permitted to serve on the board of a publicly traded company due to Federal, State (or exchange) law may not serve on the board of an exempt organization. Any individual that has been criminally convicted of a Federal or State charge of fraud, or similar offense, may not serve on the board or as an officer of an exempt organization for 5 years after the conviction. Any individual who has been convicted of a crime under the laws enforced by the Federal Trade Commission, U .S. Postal Service or State Attomey General for actions related to service as an officer or director of a tax exempt organization (or the crime arose from an organization tl1at falsely presented itself as a tax exempt organization) may not serve as an officer/director for a tax exempt organization for 5 years. An organization or its officers/members that knowingly retained a person who is not so pem1itted to serve such organization would be subject to penalty.' 8 IRS Authority. The IRS would have the authority to require the removal of any board 16 See The Sarbanes-Oxley Act and Implications for Nonprofit Organizations, BoardSource and h1dependent Sector (2003)(useful discussion of provisions ofwhistleblower protections and other provisions of Sarbanes-Oxley and nonprofit organizations). 17 See generally, BBB Standard 4, ECFA Standard 2. 8 See generally Wrongdoing by Officers and Directors of Charities: A Survey ofPress Reports 1995-2002, Fremont-Smith and Kosaras, 42 Exempt Organization Tax Review 25 (2003) (noting the number of repeat offenders in the survey) and Where the Law Ends: the Social Control ofCorporateBehavior, C. Stone, 148-189 (1975) (advantages of suspension in corporate world). ' Page 13 of 19 �member, officer, or employee of an exempt organization who has been found to have violated self-dealing rules, conflicts of interest, excess benefit transaction rules, private inurement rules, or charitable solicitation laws. The IRS may require that such individual may not serve on any other exempt organization for a period of years. An organization that knowingly retained a person who is not so permitted to serve would lose tax exempt status or be subject to a lesser penalty. 4. Government encouragement of best practices. Grru1t-Making and Contracts. In determining the recipients of Federal government grants and contracts to tax exempt organizations, the responsible Federal govermnent agency issuing the grant or contract would be required to give favorable consideration to organizations that are accredited by IRS designated entities that establish best practices for tax exempt organizations. The IRS would rumually detennine those organizations, with a preference for orgru1izations that perform an independent review of accredited organizations and that audit applications for accreditation. 19 Combined Federal Campaign. The IRS, in consultation with OPM, will establish best practices/governance requirements/accreditation for charities participating in the Combined Federal Campaign (CFC) . The IRS will ensure that the best practices/governance requirements for the CFC are unifunn nationwide in order to encourage charities to participate in the CFC. 5. Accreditation. There would be an authorization of $10 million to the IRS to support accreditation of charities nationwide, in States, as well as accreditation of charities of particular classes (e.g. private foundations, land conservation groups, etc.). The IRS can initiate its own accreditation efforts as well as solicit requests. Priority would be given to proposals with matching dollars. TI1e IRS would have the authority to contract with tax exempt organizations that would create and manage an accreditation program to establish best practices and give accreditation to members that meet best practices and review organizations on an ongoing basis for compliance. Such organizations could require dues by members to meet costs; and contract authority to review member information and take corrective action. The IRS would have the authority to base charitable status or authority of a charity to accept charitable donations on whether an organization is accrcdited.20 The proposal should encourage accreditation that is already taking 19 Compare with the Administration's proposed Millennium Challenge Account (MCA) which uses independent ratings (ex. Freedom House for Civil Liberties) for detemlining countries that will receive support. Treasury Under Secretary John Taylor Testimony before the Senate Comnlittee on Foreign Relations, March 4 , 2003 (www.treas.gov/press/release/js80.htm). 20 See Nonprofit Compensation and the Market, Frumkin and Andre-Clark, 21 Hawaii L. Rev. 425, 476 (Winter 1999)(general discussion about accreditation). Page 14 of 19 �place at the state level (e.g. Maryland, Ohio, Petmsylvania, Georgia and Louisiana) or in particular classes (nonprofit hospitals, zoos and universities already subject to accreditation). 21 6. Establish prudent investor rules A prudent investor rule would apply to the investment activities of charitable organizations. Many States apply a prudent investor standard to non-profit entities incorporated in the State; such State standards would inform the development of a Federal standard.22 H. Funding of Exempt Organizations and for State Enforcement and Education In 1969, Congress determined that nonoperating private fow1dations should pay a tax on net investment income and that the proceeds of such tax should be used to fund the Exempt Organizations function within the IRS. Although the tax has been collected since 1969, the funds raised from the tax were not appropriated to Exempt Organizations and, in 1998, the authorization for making such appropriation was repealed from the Internal Revenue Code. Under the proposal, the authorization for appropriation of up to $200 million of revenue from the tax on the net investment income of private foundations would be reinstated. Alternatively, a filing fee would be imposed on organizations that file the Fom1 990 (or 990-EZ, or 990-PF) and retained by Exempt Organizations. The amount of the fee would be detemuned based on an organization's gross receipts or assets. Proceeds from the fee (or appropriation) would be used for a number of purposes, including: · State Enforcement-- Funding of $25 nul lion to States for exempt organization oversight and enforcement pursuant to a formula of $100,000 for each State with matching federal dollars for each new dollar in State spending. · Funding of$25 million for nonprofit exempt organizations that educate other tax exempt organizations on best practices and inform the public of charities that are engaged in best practices; such funds would be provided to State organizations as well as national organizations to ensure an education presence in each state; a priority would be given to organizations that assist small charities in meeting proper standards and accreditation. · Five year review of the exempt status of charitable organizations (see above), foundation classifications of charitable organizations, and exempt status of all other tax exempt groups. · Funding of$10 million for accreditation (see above). 21 See Standards for Excellence Institute (www.standards forexcellenceinstitute.org)(discussion of accreditation efforts in states). 22 See Fremont-Smith at 454 (pressing need for adoption of the Modern Prudent Investor rule as the standard for compliance). Page 15 of 19 �· Funding of $5 million to facilitate public access and review of Form 990s and other infonnation for all tax exempt organizations. · Establish Exempt Organization Hotline for reporting abuses by charities and complaints by donors and beneficiaries. · Infom1ation sharing with State Attorneys General, the Federal Trade Commission, and the U.S . Postal Service for enforcement purposes, including referrals by the IRS and an mmual report to Congress by the General Accounting Office of the results of such referrals (as well as referrals from the FTC, USPS, and State AG's to the IRS). I. Tax Court Equity A uthorities, Private Relator and Valuation 1. Tax Court Equity Authorities The US Tax Court would be invested with 1) equity powers (including, but not limited to, power to rescind transactions, surcharge trustees and order accountings) to remedy any detriment to a philanthropic organization resulting from any violation of the substantive rules, and 2) equ ity powers (including, but not limited to, power to substitute trustees, divest assets, enjoin activities and appoint receivers) to ensure that the organization's assets are preserved for philanthropic purposes and that violations of the substantive rules will not occur in the future. In the event that appropriate State authorities institute action against a philanthropic organization or individuals based upon acts which constitute a violation of substantive rules of law applicable to such organization, the US Tax Court before whom the federal civil action is instituted or is pending would be required to defer action on any equitable relief for protection of the organization or preservation of its assets for its philanthropic purposes until conclusion of the State court action. At the conclusion of the State court action, the Tax Court could consider the State action adequate or provide further equitable relief, consistent with the State action, as the case warrants. However, no action by a State court would defer or abate the imposition of the initial Federal excise taxes for the violations.23 a. The IRS or a directotiboard member may seek the removal of any director/board member or officer by the Tax Court. The Tax Court may remove the director or officer if the court finds that 1) the director or officer engaged in fraudulent or dishonest conduct, or gross abuse of authority or discretion with respect to the corporation or 2) has failed to perform h is or her duties in good faith; with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and in a mmmer the director/officer reasonably believes to 23 SeeA Taxing Time for the Bishop Estate: What is the IRS Role in Charity Governance? Brody, 21 Hawaii L. Rev. 537,568 (Winter 1999) (discussion of 1977 Treasury Department proposed equity powers). Page 16 of 19 �be in the best interests of the goals and purpose of the corporation. The court must find that removal is in the best interest of meeting the goals and pwpose of the corporation. The court may bar the director or officer from serving on the board in any capacity, or any board for a period prescribed by the court. 2. Private Action - Directors. Any director/trustee (at the time of bringing the proceeding) may bring a proceeding. A complaint in a proceeding brought in the right of a corporation (or trust) must be verified and alleged with particularity the demand made, if any, to obtain action by the directors and state either why the complainants could not obtain the action or why they did not make the demand. If a demand for action was made and the corporation' s investigation of the demand is in progress when the proceeding is filed, the court may stay the suit until the investigation is completed. On the termination of the proceeding the court may require the complainants to pay any defendant's reasonable expenses (including counsel fees) incurred in defending the suit if it finds that the proceeding was commenced frivolously or in bad faith. If the proceeding on behalf of the corporation results in the corporation taking some action requested by the complainants or otherwise was successful, in whole or in part, or if anything was received by the complainants as the result of a judgment, compromise or settlement of an action or claim, the court may award the complainants reasonable expenses (including counsel fees)?4 3. Private Relator Action- Individual. Any individual may submit a complaint regarding a charity to the IRS for review. The individual will pay a $250 filing fee and $10,000 fine for frivolous filing. A complaint in a proceeding brought in the right of a corporation/trust must be verified by the IRS and allege with particularity the demand made, if any, to obtain action by the directors and state either why the complainants could not obtain the action or why they did not make the demand. If a demand for action was made and the corporations' investigation of the demand is in progress when the proceeding is filed, the court or IRS may stay the suit until the investigation is completed. At all times the IRS will retain control of the suit. In addition, the IRS must refer the suit to the relevant state official prior to taking action. The state official has up to thirty days to stay the suit. On the termination of the proceeding the court may require the complainants to pay any defendant's reasonable expenses (including counsel fees) incurred in defending the suit if it fmds 24 See generally Cal Corp Code Section 5142 (allowing, inter alia, officers and directors to bring an action against a charitable trust) as well as the Revised Model Nonprofit Corporation Act (1987) Section 6.30 Derivative Suits (allowing directors and members to bring derivative suits). Page 17 of 19 �that the proceeding was commenced frivolously or in bad faith. If the proceeding on behalf of the corporation results in the corporation taking some action requested by the complainants or otherwise was successful, in whole or in part, or if anything was received by the complainants as the result of a judgment, compromise or settlement of an action or claim, the court may award the complainants reas onable expenses (including counsel fees).25 4. Valuation Resolution. To assist in resolving Federal tax valuation disputes, a mandatory baseball arbitration procedure is proposed. The arbitration method known as "baseball arbitration" (sometimes referred to as final offer arbitration) involves each party in a proceeding submitting a number to the arbitrator, and providing that number to the other party, on the understanding that following a hearing, the arbitrator will select one ofthe parties' numbers to resolve the dispute. In a baseball player contract arbitration proceeding, the arbitrator is limited to selecting only one of the two figures submitted by the player and the owner. For purposes of determining the value of property contributed to a charity (other than cash or publicly traded securities) to detennine any Federal tax liability, the taxpayer and the IRS would be bound by baseball arbitration principles specifically adapted to the tax administration process. Under the proposal, the taxpayer becomes bound by the taxpayer's valuation used in the tax return, at the time the taxpayer is notified that the return has been selected by the IRS for examination. Prior to that time, the taxpayer may amend the return to modify the valuation taken in the return. The IRS is required to make a valuation determination at the examination stage, and becomes bound by its valuation position once it issues to the taxpayer the proposed notice of audit adjustment. During the examination stage of the proceeding, the IRS is free to negotiate with the taxpayer to reach a valuation agreement at any time up to the IRS issuing the notice of proposed audit adjustment. 25 See generally, Regulating the Management of Charities: Trust Law, Corporate Law, and Tax Law, Gary, 21 Hawaii L. Rev. 593, 624- 627,647 (Winter 1999), Unsettled Standing: Who (Else) Should Enforce the Duties of Charitable Fiduciaries?, Atkinson, 23 Iowa J. Corp . L. 655, 684- 85 and n. 146 (Smnmer, 1998) (general discussion about benefits - and concerns- of granting standing to members and relators) and Fremont-Smith at 449 ("The best solution is to have an active and interested attorney general who will take action to correct abuses. There is also precedent for allowing him to let individuals bring suit in his name if he believes there is merit to the action but is disinclined to do so himself."). Also see Fla. Stat. 617.2003 (allowing an individual to have the government initiate suit if the individual provides prima facie evidence to sustain charge m1d sufficient money to cover court costs and expenses). Page 18 of 19 �During the appeals stage of the proceeding, the IRS and the taxpayer are bound by the parties' respective valuation positions. The IRS Appeals Officer may accept only one of the two valuation positions (IRS' or the taxpayer's) to dispose of the valuation issue. If the taxpayer disagrees with the value selected by the IRS during appeals, the taxpayer must litigate the valuation issue. During litigation, the court is required to select the taxpayer's or the IRS' valuation position. The proposal penn its a court to award reasonable appraisal costs to the prevailing party in limited circumstances. Page 19 of 19 �Senate Finance Committee Discussion Paper Issue Summary with recommended CMF Position * Items where a new fee is being recommended SUPPORT/SUPPORT WITH RECOMMENDATIONS A. Exempt Status Reforms 3. Revise Exemption standards for credit counseling organizations- SUPPORT 4. Revoke charitable status for accommodations to tax shelters- SUPPORT B. Insider and Disqualified Person Reforms l. Apply private foundation self dealing rules to public charities and ... - SUPPORT 2. Expand definition of disqualified persons - SUPPORT 3. Increase taxes for self-dealing, ... - SUPPORT WITH RECOMMENDATIONS 4. Compensation of private foundation trustees - SUPPORT WITH RECOMMENDATIONS 5. Compensation of disqualified persons - SUPPORT WITH RECOMMENDATIONS* D. Federal-State Coordination of Actions and Proceedings 1. Establish standards for acquisition/conversion of a nonprofit - SUPPORT* 2. Provide states the authority to pursue federal actions - SUPPORT E. Improve Quality and Scope ofFom1s 990 and Financial Statements 1. Require signature by CEO - SUPPORT 3. Penalty for failure to file timely 990 - SUPPORT 4. Electronic filing - SUPPORT 5. Standards for filing - SUPPORT 7. Enhanced disclosure of related organizations and insider transactions - SUPPORT 9. Disclose investments of public charities - SUPPORT F. Public Availability of Documents 1. Disclosure of financial statements- SUPPORT 2. Website disclosure - SUPPORT 3. Publication of final determinations - SUPPORT 4. Require public disclosure of Form 990T ... - SUPPORT G. Encourage Strong Governance & Best Practices for Exempt Organizations 1. Board Duties - SUPPORT WITH RECOMMENDATIONS 3. Board/Officer removal - SUPPORT 4. Government encouragement of best practices - SUPPORT WITH RECOMMENDATIONS 6. Establish prudent investor rules - SUPPORT H. Funding of Exempt Organizations & for State Enforcement and Education - SUPPORT WITH RECOMMENDATIONS* �Issue Summary with recommended CMF Position Page 2 I. Tax Court Equity Authorities, Private Relator and Valuation 1. Tax Court Equity Authorities- SUPPORT 2. Private Action Directors- SUPPORT 3. Private Relator Action - Individual - SUPPORT 4. Valuation Resolution - SUPPORT OPPOSE/OPPOSE WITH RECOMMENDATIONS Exempt Status Reforms 1. Five year review of tax-exempt status by the IRS - OPPOSE* 3. Supporting Organizations- OPPOSE WITH RECOMMENDATIONS Grants and Expense Reforms 1. Treatment of administrative expenses of non operating foundations - OPPOSE WITH RECOMMENDATIONS* 2. Encourage additional grantmaking by private foundations- OPPOSE 3. Prohibit foundation grants to donor advised funds- OPPOSE 4. Limit amounts paid for travel. .. - OPPOSE WITH RECOMMENDATIONS Improve Quality and Scope ofFonns 990 and Financial Statements 2. Penalties for fai lure to fi le complete and accurate 990 - OPPOSE WITH RF.COMMF.NDA TJONS 6. Independent audits or reviews- OPPOSE WITI-I RECOMMENDATIONS 8 Disclosure of performance goals, activities, and expenses in Form 990 ... - OPPOSE Public Availability ofDocuments 5. Require public corporation filing of charitable giving return- OPPOSE WITH RECOMMENDATIONS Encourage Strong Governance & Best Practices for Exempt Organizations 2. Board Composition - OPPOSE 5. Accreditation - OPPOSE WITH RECOMMENDATIONS Donor Advised Fund 11 reforms- WORK WITH COMMUNITY FOUNDATION COMMITTEE TO DETERMINE RESPONSES �INDEP EN DE NT S ECTOR News Release Thr nario.al lradmhip forum foslrring privalr inilialivr fo r ihr public good 1200 Eigh teent h Street, NW Suit~ FOR IMMEDIATE RELEASE October 12, 2004 Contact: Patricia Nash Christel 202-467-6132 patricia@IndependentSector.org 200 Wa<hington, DC 20036 102-467-6 100 fa x 202-467-6101 www.lndependen tSector.org info@lndependen tSector.org John R. Sdfrin Cbmr INDEPENDENT S ECTOR Convenes National Panel on Nonprofit Sector Senate Finance Committee Invites Sector-Wide Input to Improve Governance and Practice Gary L. Yata Vict 0 Mir Paul• Van NCS$ Trrnsurtr Chri<lopher Gate< Srcrttary Diana Aviv Prnid(!lr mur CEO Bonrd of Dirtdors E..iw.;u -d I L Ahle, Jr. Angela Clover Blackwell K.a t h leen W. Buechel Hodding Carter Ill Robert W. Edgar Uwis M. Feldstein David Ford Barry Calxrman ~rian C.llaghcr Marilda C andora Pe~er 8. Coldlxrg (Washington, DC)- INDEPENDENT SECTOR today announced the creation of a national panel that will make recommendations to Congress to improve the oversight and governance of charitable organizations. IS formed the "Panel on the Nonprofit Sector" at the encouragement of Finance C01mnittee Chair Charles Grassley (R-IA) and Ranking Member Senator Max Baucus (0 -MT). In their letter to INDEPENDENT SECTOR, Senators Grassley and Baucus noted that "there is great value i.n your bringing together an independent group of leaders w ith broad experience ... We would welcome the recommendations that will be forthcoming from such a panel to assist our legislative efforts." The Finance Com1nittee asked that the panel provide a report of its initial fmdings and recommendations by February 2005 and a fmal report in the spring of 2005. Darell Hammond ) . Bryan Hehir J.D. Hokoyama Kevlo KI()S( K.athlecn D . McCarthy Gabriella E. Morri< Karen N aras(llki Hilary Penningto n M ichad Rubi ngcr Mary 8~c h S•lerno Donald M. Stewart William Trucheart Cous Whe-eler William S. White Tht Honorabl~ John W. Gardner ( 19 12-1001) foll"'liHg Cixur Brian 0 1Conndl Found1"9 PrtSidntt 111nJ PrtsUtnl ElfttrilU1 The Senators' call for further study and recommendations is part of a year-long focus on the nonprofit sector by the Senate Finance Com1nittee in response to numerous reports in the media of ethical lapses in governance, fundraising, and other practices. In June, the Finance Committee held hearings and released a discussion paper exploring a number of changes in the law governing the charitable sector. In July, the Committee convened a roundtab le of sector leaders to discuss further possible reforms. The Panel on the Nonprofit Sector is comprised of25 nonprofit and philanthropic leaders from a wide spectrum of public charities and private foundations from all parts of the country, reflecting diversity in mission, perspective, and scope of work. Paul Brest, president, William and Flora Hewlett Foundation, of Menlo Park, California, and Cass Wheeler, chief executive officer, American Heart Association, of Dallas, Texas, will serve as co-conveners of the group. D iana Aviv, INDEPENDENT SECTOR president and �CEO, is executive director, and Patricia Read, IS's senior vice president for public policy and government affairs, is project director. "The charge set out by the Senate Finance Committee is substantial and there is a limited time period to complete this effort," Ms. Aviv said. "The Panel's findings and recommendations will require participation and input from many organizations within our sector to have a meaningful impact on legislation, regulations and practices that will defme the future of our work." The Panel will establish two advisory groups: one of prominent community leaders, including those from other sectors. The second advisory group will include a range of academic and legal experts. The Panel also will create five working groups to study and provide recommendations on issues involved in governance, transparency and financial accountability, oversight of sector organizations, the legal framework for regulating charities and foundations, and specific recommendations concerning small organizations. The Panel will pay special attention to examining the sector's existing mechanisms for self-regulation and oversight, and compile a report of such activity. Areas for exploration include, though are not limited to: • rules and regulations affecting composition and duties of boards of directors, • compensation issues, • guidelines on travel expenditures, • greater clarity on reporting Forms 990 and 990PF, as well as new disclosure requirements, • potential new fees for tax-exempt applications or annual filing requirements, and • lhe proper role~ of sdf regulation ami govemrnenl n:gulalion. "The excitement in coming together- from across disciplines and from organizations large and small-is palpable," said Mr. Wheeler, co-convener of the Panel. "I am delighted to serve on the Panel and look forward to the meaningful contributions it will make to the good works of the sector." "This is an important opportunity for our sector to take up the challenge of looking at how we conduct our business," said Mr. Brest, co-convener. "We hope that the broad experience and expertise of this diverse panel can be of real assistance to the Senate Committee." Private and community foundations, as well as public charities, are being invited to share in the cost of ensuring broad participation from the sector and in securing the necessary technical and legal experts to inform the Panel's work. The funds raised, while managed by IS, will be devoted exclusively to this endeavor. ### INDEPENDENT SECTOR is a nonprofit, nonpartisan coalition of approximately 600 national organizations, foundations, and corporate philanthropy programs, collectively representing tens of thousands of charitable groups in every state across the nation. Its mission is to advance the common good by leading, strengthening, and mobilizing the independent sector. For more infom1ation, including a list of Panel members, please visit www.lndependentSector.org. �INDEPENDENT SECTOR THE PANEL ON THE NONPROFIT SECTOR Co-Conveners: Paul Brest President William and Flora Hewlett Foundation M. Cass Wheeler Chief Executive Officer American Heart Association Susan Ben·esford President & CEO Ford Foundation Linda Perryman Evans President & CEO The M eadows Foundation Marsha Johnson Evans President & CEO American R ed Cross Brian Gallagher President & CEO United Way of America Kenneth L. Gladish Chief Executive Officer YMCA of the USA Robert Greenstein Executive Director Center on Budget and Policy Priorities Stephen B. Heintz President & CEO Rockefeller Brothers Fund Wade Henderson Executive Director Leadership Conference on Civil Rights Dorothy Johnson President Emeritus Council on Michigan Foundations Paul Nelson President Evangelical Council for Financial Accountability Jon Pratt Executive Director Minnesota Council ofNonprofits William C. Richardson President & CEO W .K. Kellogg Foundation Dorothy S. Ridings President & CEO Council on Foundations John R. Seffrin President & CEO American Cancer Society Sam Singh President & CEO Michigan Nonprofit Association Edward Skloot Executive Director Surdna Foundation Lorie A. Slutsky President New York Community Trust William E . Trueheart President & CEO The Pittsburgh Foundation William S. White President Charles Stewart Mott Foundation Timothy E. Wirth President United Nations Foundation Gary L. Yates President & CEO The California Wellness Foundation Raul Yzaguirre President & CEO National Council of La Raza President & CEO IN DE PEN DENT SECTOR Panel Members: Executive Director: Diana Aviv To learn more about the Panel, visit www.lndependentSector.org. �INDEPENDENT SECTO R BIOGRAPHIES OF THE MEMBERS OF THE PANEL ON THE NONPROFIT SECTOR The Panel on the Nonprofit Sector is comprised of25 nonprofit and philanthropic leaders from a wide spectrum ofpublic charities and private foundations from all parts ofthe country, reflecting diversity in mission, perspective, and scope of work. Paul Brest, president, William and Flora Hewlett Foundation, ofMenlo Park, California, and Cass Wheeler, chiefexecutive officer, American Heart Association, ofDallas, Texas, will serve as co-conveners ofthe group. Diana Aviv, INDEPENDENT SECTOR president and CEO, is executive director, and Patricia Read, IS's senior vice president for public policy and government affairs, is project director. Co-Conveners Paul Brest is the president ofthe William and Flora Hewlett Foundation in Menlo Park, California. The foundation's grantmaking focuses on education, environment, perfonning arts, population, and global economic development. Mr. Brest was previously a professor at Stanford Law School, where he focused on constitutional law and problemsolving/decisionmaking, and he served as dean between 1987 and 1999. He is coauthor of Processes of Constitutional Decisionmaking and currently teaches a law school course on Problemsolving, Decisionmaking, and Professional Judgment. He also was a law clerk to Judge Bailey Aldrich and Supreme Court Justice John M. Harlan, and practiced with the NAACP Legal Defense and Educational Fund, Inc., in Jackson, Mississippi, doing civil rights litigation. Mr. Brest received an A.B. from Swarthmore College in 1962 and an LL.B from Harvard Law School in 1965. He holds honorary degrees from Northeastern Law School and Swarthmore College and is a member of the American Academy of Arts and Sciences. M. Cass Wheeler is chief executive officer of the American Heart Association, a national voluntary health agency whose mission is to reduce disability and death from cardiovascular diseases and stroke. Mr. Wheeler joined the organization at its Texas affiliate in Austin in 1973, where he became vice president for field operations and later executive vice president. He came to the National Center in Dallas in 1982 as chief operating officer, assumed the position of senior vice president for field operations in 1996, and was named CEO in 1997. Under his leadership, the association merged its 56 individual state and metropolitan affiliates into 12 regional affiliates and adopted a single corporate structure . Previously chair of the Board of Directors for the National Health Council, Mr. Wheeler is currently on the boards of Partnership for Prevention, National Center for Tobacco-Free Kids, Research!America, and the National Assembly of Human Service Organizations. He is also on the boards ofiNDEPENDENT SECTOR and Advisors of Discovery Health Media, Inc. and is on the Citizens Advisory Council for the Campaign for Medical Research and Advisory Council of the Campaign for Public Health. Mr. Wheeler received a bachelor's degree in business from the University of Texas at Austin in 1963, after which he served in various roles at the American Cancer Society; between To learn more about the Panel, visit www.JndependentSector.org. �1969 to 1973, he was a stockbroker in Dallas. A native Texan, Mr. Wheeler is an elder in the First Presbyterian Church of Dallas. Panel Members Susan Berresford was named president of the Ford Foundation in 1996. One of the largest foundations in the United States, Ford supports programs around the world that strengthen democratic values, reduce poverty and injustice, promote international cooperation and advance human achievement. Ms. Berresford joined the foundation's Division of National Affairs in 1970 and later became officer in charge of its women's programs and then vice president for the U.S. and International Affairs programs. After serving as vice president in charge of worldwide programming, she was named executive vice president and chief operating officer of the foundation, a position she held until she became president. Prior to joining Ford, Ms. Berresford was a program officer for the Neighborhood Youth Corps and worked for the Manpower Career Development Agency, where she was responsible for the evaluation of training, education, and work programs. She attended Vassar College and then studied American history at Radcliffe College, from which she graduated cum laude. She is on the board of the Council on Foundations and a member of the Trilateral Commission and the American Academy of the Arts and Sciences. Linda Perryman Evans is president and CEO of The Meadows Foundation, one of the nation's largest private philanthropies. The foundation is dedicated to enriching the lives of Texans, particularly in the areas of public education, mental health and the environment. A trustee of the foundation since 1975, Ms. Evans has held a widle range of positions since receiving her B.A. from the University of Texas. In Washington, D.C., she worked for President Ford's re-election campaign, the American Enterprise Institute, the late Senator John Heinz, and the White House Office of Media Relations and Planning for President Reagan. In Dallas, Ms. Evans was an active partner in a public relations firm before assuming her current position. She has been deeply involved in the city's nonprofit community, currently and previously serving on the boards of education, arts, and health care organizations. Her dedication has been recognized many times: in 2002, she received the Prism Award from the Greater Dallas Mental Health Association for her work in improving mental health services, and the Encomienda de Ia Orden de Isabel La Catholica, one of Spain's highest honors, for enhancing relations between Spain and the United States. Ms. Evans currently serves on the Legislation and Regulations Committee for the Council on Foundations, is president-elect of the Conference of Southwest Foundations, and chairs the Mid-America Foundations Task Force on Standards and Accountability. Marsha Johnson Evans became president and CEO of the American Red Cross in August 2002. She leads an organization that annually assists the victims of more than 70,000 natural and human-caused disasters, collects six million units of blood donations, trains more than 11 million people in lifesaving skills, transmits emergency messages for military families around the globe, and provides international relief and development programs. Born in Springfield, Illinois, she graduated from Occidental College in Los Angeles and immediately began a 30-year career in the U.S. Navy. Ms. Evans retired in 1998 as a rear admiral, one of the few women to reach that rank, and soon after became head of Girls Scouts of the USA. There she led efforts to increase To learn more about the Panel, visit www.lndependentSector.org. 2 �substantially the number of adult volunteers, and she created or expanded cutting-edge programs to enhance girls' knowledge of science, technology, sports, money management, and community service. Since coming to the Red Cross, Ms. Evans has championed the recruitment of volunteers and employees from diverse backgrounds and has developed a new strategic plan with input from 6,000 Red Crossers, community leaders, and other stakeholders. Among her many awards are the prestigious 2002 John W. Gardner Legacy ofLeadership Award by the White House Fellows Association. She lives with her husband, a retired Navy jet pilot, in metropolitan Washington, D.C. Brian Gallagher became president and CEO of United Way of America in January 2002. He now leads the national United Way movement, which includes approximately 1,400 communitybased United Way organizations, each of which is independent, separately incorporated and governed by local volunteers. Mr. Gallagher began his 20-year United Way career immediately after college, when the organization selected him as a management trainee. He most recently served as president of the United Way of Central Ohio, leading the organization as it redesigned itself from a fundraising federation to a collaborative community leadership organization focused on the region' s most pressing issues. Prior to moving to Columbus in 1996, Mr. Gallagher spent nearly six years at the United Way of Metropolitan Atlanta, including two years as executive vice president and CEO. He currently serves on the board ofiNDEPENDENT SECTOR. Born in Chicago and raised in Hobart, Indiana, Mr. Gallagher received his bachelor's degree in social work from Ball State University and a master's degree in business from Emory University. Kenneth L. Gladish became the national executive director of the YMCA of the USA in f ebruary 2000. Together, the nation's more than 2,500 YMCAs make up America's largest not- for-profit community service organization, working to meet the health and social service needs of 18.9 million men, women and children. Dr. Gladish entered theY as a boy in suburban Chicago, where he first joined and later volunteered and worked at his local branch. He came to his current position following six years as executive director of the Indianapolis Foundation and William E. English Foundation and three years as president of the Central Indiana Community Foundation. Dr. Gladish has volunteered as a co1lege trustee, Rotary Club president, elder in the Presbyterian Church, and commissioner of the Indiana Martin Luther King Holiday Commission. He currently serves on several boards, including those of American Humanics, the Association of Professional Directors, Chicagoland Chamber of Commerce, and the National Human Services Assembly. Dr. Gladish received his bachelor's degree from Hanover College in Indiana and his master' s and doctorate in foreign affairs from the University of Virginia. He and his wife have two children and live in the Chicago area. Robert Greenstein founded and is executive director of the Center on Budget and Policy Priorities. The Center's analyses of federal and state fiscal policies and of public programs that affect low- and moderate-income families and individuals have made it one of the nation's most respected policy organizations. Mr. Greenstein's expertise on the federal budget and in particular, the impact of tax and budget proposals on low-income people, was illustrated in 1996, when he was awarded a MacArthur Fellowship. He has written numerous reports, op-ed pieces, magazine articles, and book chapters on fiscal and poverty-related issues and is frequently asked to testifY on Capitol Hill. In 1994, he was appointed by President Clinton to serve on the Bipartisan Commission on Entitlement and Tax Reform. Prior to founding the Center, Mr. To learn more about the Panel, visit www.lndependentSector.org. 3 �Greenstein was administrator of the Food and Nutrition Service at the U.S. Department of Agriculture, where he directed the agency that operates the federal food assistance programs, with a staff of 2,500 and a budget of $15 billion. Stephen B. Heintz joined the Rockefeller Brothers Fund in February 2001 as its fourth president. Founded in 1940 by the sons and daughter of John D. Rockefeller Jr., the RBF is an international foundation supporting social change to help build a more just, sustainable, and peaceful world. Before joining the RBF, Mr. Heintz held leadership positions in both the nonprofit and public sectors. He dedicated the first 15 years of his career to pol itics and government in Connecticut, where he served as Commissioner of Social Welfare and Commissioner of Economic Development. In 1988, he helped draft and secure passage by Congress of "The Family Support Act," the first major refonn of the nation's welfare system. Between 1990 and 1997, Mr. Heintz was executive vice president and chief operating officer of the EastWest Institute, where he worked on issues of economic reform, civil society development, and international security in Central and Eastern Europe. Most recently, Mr. Heintz was founding president of Demos: A Network for Ideas & Action, a public policy research and advocacy organization working to enhance the vitality of American democracy and promote more broadly shared economic prosperity. He is a magna cum laude graduate of Yale University. Wade Henderson is executive director of the Leadership Conference on Civil Rights and counsel to the Leadership Conference on Civil Rights Education Fund. The nation's premier civil and human rights coalition, LCCR encompasses over 180 national organizations, including those representing persons of color, women, children, organized labor, persons with disabilities, older Americans, gays and lesbians, civil liberties and human rights interests, and major religious institutions. Under Mr. Henderson's leadership, LCCR has become one of the nation's most effective defenders of civil and human rights; it currently works on election refonn, federal j udicial appointments, public education reform, prevention of hate crimes, criminal justice reform, and immigration and refugee policy. He graduated from Howard University and the Rutgers University School of Law (Newark) and was previously Washington bureau director of the NAACP and associate director of the Washington national office of the American Civil Liberties Union. His many awards include the Congressional Black Caucus Chair's Award; the District of Columbia Bar's William J. Brennan Award; and the Everett C. Parker Award from the Office of Communication, Inc. of the United Church of Christ. Dorothy Johnson served as President of the Council of Michigan Foundations for 25 years. The Council, an association of more than 400 Michigan foundations and corporations offering grants for charitable causes, is the largest regional association of grantmakers in the nation; its mission is to enhance, improve, and increase philanthropy in the state. Ms. Johnson is currently on the boards of theW. K. Kellogg Foundation, the Kellogg Company, AAA - Michigan, Grand Valley State University, and the Corporation for National and Community Service. Her past experience was equally varied, with service on the boards ofNational City Bank, the Grand Haven Area Community Foundation, the Presbyterian Foundation, the Council on Foundations, and Independent Sector. Many organizations have recognized her work: the Council of Foundations named her Distinguished Grantmaker of 2000; and the Michigan Women's Foundation gave her its Women of Achievement and Courage Award. Ms. Johnson has also been president of the To learn more about the Panel, visit www.lndependentSector.org. 4 �Community Foundation Youth Project, a program created to develop youth philanthropy programs. She received her BA from the University of California at Berkeley. Paul Nelson has been president of the Evangelical Council for Financial Accountability for the last 10 years. ECF A, which is now celebrating its 25th anniversary, is an accreditation agency for over 1,100 nonprofit Christian organizations that share a common Statement ofFaith. Mr. Nelson joined ECFA after serving for nine years as executive vice president and CEO of Focus on the Family, a nonprofit radio ministry founded by Dr. James Dobson. He began to work at Focus on the Family in 1985 after spending 23 years in financial management in the chemicals and oil industries. He has represented Focus on the Family and ECF A as a speaker and instructor in both national and international venues, and be has been recognized many times for his service to the nonprofit community including The NonProfit Times "Executive oftbe Year" in 1996. Mr. Nelson graduated from Adelphi College with a degree in business, and he and his wife, Elaine, reside in Winchester, Virginia. Jon Pratt is director of the Minnesota Council ofNonprofits, an association of 1,500 organizations that sponsors research, training, lobbying and negotiated discounts to strengthen the state's nonprofit sector. Before coming to the council in 1987, he worked as attorney/lobbyist for an environmental organization (Minnesota Public Interest Research Group), as regional director for an alternative foundation (the Youth Project), and as director for a coalition formed by nonprofits to reform corporate and foundation philanthropy (the Philanthropy Project). Mr. Pratt currently co-chairs the Public Policy Conunittee of the National Council of Nonprofit Associations, which is made up of 39 statewide nonprofit associations with a combined membership of22,000 organizations. He is also contributing editor of the Nonprofit Quarterly, a national journal based in Boston, and has been recognized several times by The NonProfit Times as one of the 50 most influential nonprofit leaders in the United States. Mr. Pratt has a law degree from Antioch School of Law and a M.P.A. from Harvard University. He lives in Minneapolis. William C. Richardson is president and chief executive officer of the W. K. Kellogg Foundation. The Foundation is dedicated to building the capacity of individuals, communities, and organizations in solving challenging issues. Before becoming head of the Kellogg Foundation, Dr. Richardson was president of the Johns Hopkins University; he has also been executive vice president and provost of Pennsylvania State University and served as dean of the graduate school and vice provost for research of the University of Washington. Dr. Richardson has been active with all three sectors of society, non-profit institutions, governn1ent, and corporations. He is a trustee of the Council of Michigan Foundations, a former chair and board member of the Council on Foundations, and a fellow ofthe American Academy of Arts and Sciences and the American Public Health Association. He is a member of the Institute of Medicine ofthe National Academy of Sciences and chaired its Committee on the Quality of Health Care in America. He serves on the boards of directors of the Kellogg Company, CSX Corporation, and The Bank ofNew York. Dr. Richardson graduated from Trinity College with a bachelor's degree in history and later earned an M.B.A. and Ph.D. in business from the University of Chicago Graduate School. Dr. Richardson and his wife, Nancy, have two children and live in Hickory Comers in southwestern Michigan. To learn more about the Panel, visit www.lndependentSector.org. 5 �Dorothy S. Ridings is president and CEO of the Council on Foundations, a national association of more than 2,000 foundations and corporations whose grants this year will total approximately $18 billion. Before joining the Council in 1996, Ms. Ridings spent eight years as publisher and president ofKnight-Ridder's Bradenton Herald in Bradenton, Florida. She previously served as a Knight-Ridder general executive in Charlotte and held editorial and reporting positions at The Kentucky Business Ledger, The Washington Post and The Charlotte Observer. Ms. Ridings was president of the League of Women Voters from 1982 to 1986, and was a member of its board of directors from 1976 to 1986. She serves as board chair of the National Civic League and of the Louisville Presbyterian Theological Seminary, and she is also a member of the boards of the Foundation Center and the Commission on Presidential Debates. Formerly a trustee of the Ford Foundation and a director of the Benton Foundation, she is currently a member of the council that accredits journalism schools. She holds a bachelor's degree in journalism from Northwestern University's Medill School of Jownalism and a master's degree from the University of North Carolina, and she taught journalism at the University of Louisville and the University of North Carolina. John R. Seffrin is chief executive officer of the American Cancer Society, the world's largest voluntary health organization devoted to fighting cancer. Prior to being named CEO in 1992, Dr. Sef:frin was professor of health education and chair of the department of Applied Health Science at Indiana University. During 20 years as an ACS volunteer, he chaired the Indiana Division board of directors and, later, the national board from 1989 to 1991. Two governors of his home state oflndiana have recognized Dr. Seffi·in' s work, and he was awarded an honorary Doctor of Science degree from his undergraduate alma mater, Ball State University. He is a member of the board of directors ofiNDEPENDENT SECTOR and is currently finishing his third year as chair. He has also served numerous public service and governmental agencies, including as vice president of the American Lung Association's national board of directors and as a member of the U.S. Surgeon General 's Advisory Committee on Smoking and Health. Dr. Seffrin is recognized as an international cancer control leader who has spoken on public health issues throughout North America, Australia, Europe, and Asia. In June 2002 he became President of the International Union Against Cancer, the only global NGO whose singular purpose is to advance the worldwide fight against cancer. Dr. Seffrin lives in Atlanta with his wife. Sam Singh is the president and CEO of the Michigan Nonprofit Association, a 750-member organization dedicated to promoting an effective nonprofit sector by convening key nonprofit organizations, encouraging voluntary giving and service, and taking an active role in nonprofit public policy. Before joining MNA, Mr. Singh worked at several other nonprofit organizations, including the Volunteer Centers of Michigan, the Michigan Community Service Commission and the Points of Light Foundation. He currently serves on the Board of Directors for the Points of Light Foundation, the Capital Area Transit Authority (CATA), the Michigan Association of United Ways, and the Capital Regional Community Foundation. A graduate of Michigan State University with a B.A. in history, he lives in East Lansing, where he was re-elected to serve a four-year term on the City Council and is currently serving as Mayor Pro Tern. Edward Skloot is executive director of the Surdna Foundation, a family foundation headqua~1ered in New York City that makes grants in five fields: the environment, neighborhood revitalization, youth organizing, arts, and nonprofit sector issues. The foundation ' s first To learn more about the Panel, visit www.lndependentSector.org. 6 �professional employee, Mr. Skloot has built a staff of 20 and helped Surdna, which has assets of nearly $700 million, earn a national reputation for entrepreneurial grantmaking, collaborative approaches with other funders and grantees, and aggressive solution-finding for complex problems. Mr. Skloot previously founded and ran New Ventures, a consulting firm that created the field of social venturing and nonprofit entrepreneurship; he also wrote the first article ever published on the subject, in the Harvard Business Review in 1983. He currently serves on the board of Conswners Union (publisher of Consumer Reports) and Venture Philanthropy Partners, a group of venture capitalists helping youth-serving organizations in the Washington, D.C. region. He is a member of the advisory board of the Bridgespan Group, a nonprofit consulting firm. Mr. Skloot has written and spoken widely on the subjects of nonprofit management, social venturing and sectoral leadership and is also a member of the Editorial Board of the Stanford Social Innovation Review. He graduated from Union College in Schenectady, New York, and from the Columbia University School oflnternational Affairs. Lorie A. Slutsky has been the president of The New York Community Trust, the country's largest and one of its oldest community foundations, since 1990. Though it also funds many different projects, the Trust focuses on four areas: arts, education, and the humanities; children, youth, and families; community development and environment; and health and people with special needs. Ms. Slutsky began at the Trust in 1977 as a grantmaker for education, housing, government and urban affairs, and neighborhood revitalization. She was appointed vice president for special projects in 1983 and executive vice president in 1987, when she assumed responsibility for strategic planning, personnel and budget management, and oversight of all departments. The trust's assets have tripled since she became president, and Ms. Slutsky helped set up the September 11th Fund to respond to the aftermath of the World Trade Center attacks. She received her B.A. from Colgate University, where she was a trustee for nine years, and her M.A. from New School University, where she is currently a trustee. Ms. Slutsky is chairn1an of the board of BoardSource, a director of Alliance Capital Management, and a board member of the Center for Philanthropy at Indiana University. She was previously chairman of the Council on Foundations and vice chairman of the Foundation Center, and she has served on many other boards, including United Way ofNew York City, Hispanics in Philanthropy, the Nonprofit Finance Fund, and the Nonprofit Coordinating Committee ofNew York. William E. Trueheart is president and chief executive officer of the Pittsburgh Foundation, which since 1945 has worked to improve the quality of life in its region by addressing community issues, promoting charitable giving, and connecting donors to critical needs. Dr. Trueheart has had a richly varied career with nonprofit organizations, including work at several major universities. After many years at the University of Connecticut, including as a Dean, he moved to Harvard University, where he was associate secretary of the w1iversity and assistant dean and director of the Master in Public Administration program at the John F. Kennedy School of Government. He then moved to Bryant College in Rhode Island, serving as executive vicepresident before becoming the school's first African-American president. Immediately before his current position, he served as president of Reading Is Fundamental, Inc. Dr. Trueheart has consulted with the National Park Service, the Ford Foundation, the Lilly Endowment, and the Mary Reynolds Babcock Foundation. He has extensive experience on the boards of local and national nonprofits: he has been nominated to serve as chair of Independent Sector, and he was previously chair of the Rhode Island Independent Higher Education Association, vice chair of To learn more about the Panel, visit www.lndependentSector.org. 7 �the National Council of Presidents for the Association of Governing Boards, and a director of the American Institute of Certified Public Accountants. He earned his B.A. from the University of Connecticut, his M.P.A. from the John F. Kennedy School of Government, and his Ed.D. from the Graduate School of Education at Harvard. William S. White is chainnan, president and CEO of the Charles Stewart Mott Foundation, a private philanthropy based in Flint, Michigan, committed to supporting projects that promote a just, equitable and sustainable society. Mr. White joined Mott in 1969, became its president in 1976, and assumed the role of chairman in 1988. He currently serves on the boards of the European Foundation Centre, United States Sugar Corporation (chairman), Network of European Foundations for Innovative Cooperation, the After-School All-Stars, INDEPENDENT SECTOR, the C. S. Harding Foundation, and the Isabel Foundation. He has previously served on the boards of GMI Engineering & Management Institute (now Kettering University), CIVICUS: World Alliance for Citizen Participation; Council of Michigan Foundations; the Flint Public Trust, Council on Foundations, the Flint Area Focus Council, American Friends of the Czech Republic, American Water Works, Daycroft School, and Adventures Unlimited. In the 1980s Mr. White was a member of President Ronald Reagan's task force on private sector initiatives, and in the 1990s he served on the Carter Center's observer delegation to the Palestinian elections, on the U.S. Presidential Delegation to observe the Bosnian elections, and on a Presidential Economic and Business Development Mission to Croatia and Bosnia. He received a B.A. and M.B .A. from Dartmouth College, and is the recipient of several honorary degrees. Mr. White is married and has two children. Timothy E. Wirth is the president of the United Nations Foundation and Better World Fund, both of which were founded in 1998 to support and strengthen the work of the United Nations. Sen. Wirth began his career in governn1ent as a White House Fellow under President Johnson and later became Deputy Assistant Secretary for Education in the Nixon Administration. In 1975, he returned to his home state of Colorado and won the first of six consecutive terms for the U.S. House of Representatives, where he concentrated on communications technology and budget policy. Sen. Wirth was elected to the U.S. Senate in 1987 and shifted his focus to environmental issues, especially climate change and population stabilization. After choosing not to run for re-election, he served as the first Undersecretary of State for Global Affairs, coordinating U.S. foreign policy on refugees, population, enviromnent, science, human rights and narcotics. President of the UN Foundation since its inception, Sen. Wirth has developed its mission and program priorities, which include the environment, women and population, children's health and peace, security and human rights. Sen. Wirth graduated from Harvard College, where he has since served as a member of the Board of Overseers, and holds a Ph.D. from Stanford University. He is married to Wren Wirth, president of the Winslow Foundation; they have two grown children. Gary L. Yates is president and chief executive officer of The California Wellness Foundation, which works to improve the health of the state's people by making grants for health promotion, wellness education and disease prevention. His more than 30 years of experience in public health and education include serving as associate director of the division of adolescent medicine at Children's Hospital Los Angeles. A licensed marriage and family therapist, Mr. Yates is also assistant clinical professor of pediatrics at the University of Southern California School of To learn more about the Panel, visit www.lndependentSector.org. 8 �Medicine. He serves on the boards of the Council on Foundations, the Foundation Consortium, and INDEPENDENT SECTOR. He has received official commendations from the governor of California, the California State Senate, the city of Los Angeles, and the Los Angeles County Board of Supervisors. Mr. Yates was also the recipient of the 1999 Hispanic Health Leadership Award from the National Coalition ofHispanic Health and Human Services Organizations and the 1998 recipient of the Los Angeles Free Clinic's Lenny Somberg Award. He received his undergraduate degree in governn1ent from American University in Washington, D .C., and his master's degree in counseling psychology from the University of Northern Colorado. Raul Yzaguirre is president of the National Council of La Raza, the largest constituency-based national Hispanic organization and leading H ispanic think tank in America. Born in the Rio Grande Valley of South Texas, he began his civil rights career at 15, when he organized a junior auxiliary of an Hispanic veterans organization. After four years in the U.S. Air Force Medical Corps, he founded the National Organization for Mexican American Services, and a proposal he wrote for NO MAS led to the creation of what is now NCLR. Mr. Yzaguirre joined NCLR in 1974 and has spearheaded its emergence as the country's most influential and respected advocate for Hispanics. Mr. Yzaguirre has been honored on many occasions for his work: for example, he was the first Hispanic to receive a Rockefeller Public Service Award from Princeton University, and he received the Order of the Aztec Eagle, the highest honor given by the government of Mexico to noncitizens. He serves on the board of directors of numerous organizations, including Sears, Roebuck and Co., United Way of America, AARP Services, Inc., National Hispanic Leadership Agenda, and the Leadership Conference on Civil Rights; he is also a past chairman of INDEPENDENT SECTOR. Mr. Yzaguirre, who lives in the Washington area, received his B.S. from the George Washington University. Executive Director Diana Aviv is president and CEO ofiNDEPENDENT SECTOR, a nonprofit, nonpartisan coalition of approximately 600 national organizations, foundations, and corporate philanthropy programs, collectively representing tens of thousands of charitable groups in every state in the nation. Its mission is to advance the common good by leading, strengthening, and mobilizing the independent sector. Prior to joining IS in 2003, she spent nine years at United Jewish Communities as vice president for public policy and director ofthe Washington Action Office. Ms. Aviv was formerly associate executive vice chair at the Jewish Council of Public Affairs, director of programs for the National Council of Jewish Women, and director of a comprehensive program serving battered women and their families. She currently serves as chair of the National Immigration Forun1, is an advisory board member of the Stanford Social Innovation Review and the Center for Effective Philanthropy, and is a member of the Board of Governors for the Partnership for Public Service. A native of South Africa, Ms. Aviv graduated with a B.S.W. from the University of Witwatersrand in Johannesburg and received her Master of Social Work degree at Columbia University. To learn more about the Panel, visit www.lndependentSector.org. 9 �t;t-U\1'\LfS !.aAASSl..EY, tOWA. t;JWJ,MioN OM!N G. HA"TCH. UTI->I MAX BAUCUS. MOI'lTANA OON Nlr:Ja.£S, OK.~O~ TI'E!\!TLOTT. MI$$1$SIP'PI OLYMPtAJ, Gf'\IOV.'t!, MAifiL!: J:JN lC't"L All:lz0NA JOHN D. ROC('EFe,.l.ER 'N~ VYE'ST VIRGINIA iOM 1;)~1'1'1-i. WJJTH DAKOTA JCHN l)::t~J\l.JX, LOUI9!.AN.A K.E.NT CONP'ttC. NQfiTH DAKOTA c:xAlG Th'OI'MS. \.WOMING. RlQ( SM"TORUM. PENNSYlVANIA aJU FR~. 'itNNE~S...C'£ GOADONSMlTM'. OAECON JIM &uNNING. J(.I~~TuOCY JAM($ M. ;~AOS (Q, VE!IMON't JEF~ tiiNG~AN. NE\N MEXICO JOHN ". Kefii'\Y, MJ\SSAO(USETTS BU\NC:--tE 1.- uNCDLN~.A..f\X.ANSAS DOU GI1Al"'AM. R..CRi!IA 0Avr1, STAFF OIRECTO~ NJO (;hl~F COUNSEL fruSSEL!. SIJ',C,'IIAN.O"-'J!OCRt:rtC STA.FFOIRECTOR J(Oo.AN tinitrd ~tarrs ~rnett COMMITTEE ON FlNANCI! WASHINGTON, DC 20510-6200 September 22, 2004 Ms. Diana Aviv President and CEO Independent Secior 1200 18m St. NW, Suite 200 Washington, D.C. 20036 Dear Ms. Aviv: The Senate Finance Committee is deeply concerned about transactions with and within charitable organizations that arc inappropriately exploiting charities' tax-exempt :s~lu:> a.uu thi:lt u1a_y be w.rougly curi~;.lring individuals and corporations. We are considering a number of comprehensive reforms to protect charities from bad actors and strengthen their accountability to donors. W c are mindful that this is a large and diverse sector and our intensions are to encourage good practice, sound governance and responsible work that leads to the improvement of the common good. We are aware and applaud the many efforts around the country by nonprofit sector organizations to consider how beSt to encourage good practice and conversely root out the bad actors. The discussions at the Senate Finance committee roundtable on iuly 22"d convened by our staff provided an oppommity for the airing of some such irritiatives and also gave us input regarding legislation that will be forthcoming thereafter. We are gratified by the strong degree of support for enacting legislation that will facilitate the collection of more useful information, in a format that allows for greater consistency and transparency through electronic filing. These are among a number of issues for which there appears to be immediate support that are important to put in place without delay. We recognize also that for some in the sector there is concern about the broader issues relating to governance and practice and to achieve similar support will take time and careful analysis to construct appropriate legislative remedies and enable good selfregulation. Toward that end we encourage you to convene an independent national panel on the non-profit sector to consider and recoiilllJ.end actions that will strengthen good governance, ethical conduct and eff~tive practice of public charities and private foundations. We encourage you to work with those committed to reform and not let a potential minority prevent substantive improvements by requiring unanimity on proposals. There is great value in your bringing together an independent group of leaders with broad experi~n(!~ whose wisdom might inform this J?roce~s~ While we cannot be bound by your panel' s work, we would welcome the recommendations that will be �forthcoming from such a panel to assist our legislative efforts to :improve oversight and governance of charitable organizations, as well as to stimulate or initiate efforts wirhin the charitable couun.unity to identify and enforce standards of best practices in the areas of though not limited to governance, transparency, financial accountability, conflicts of interest, fundnrising practices, and grant making practices. Given the urgency of the situation, we encourage you to move forward expeditiously to convene such a body, and share your recommendations as you develop them, particularly as they relate to legislative action. We would appreciate the panel providing a report of its initial findings and recommendations to the Finance Committee by February 2005 and a fmal report in the Spring of2005. Thank you for your tirne and assistance. We ask for a response within 30 days. Cordially yours, Charles E. Grassley Chairman ~ MaxBaucus Ranking Member �INDEP ENDENT S ECTOR Thr nario.allradmhip forum October 12, 2004 foslrring privalr inilialivr fo r ihr public good 1200 Eighteenth Street, NW Suit~ 200 Wa<hington, DC 20036 Senator Charles E. Grassley, Chairman Senator Max Baucus, Ranking Member U.S. Senate Committee on Finance Washington, DC 20810-6200 102-467-6 100 fax 202-467-6101 www.lndependentSector.org Dear Senator Grassley and Senator Baucus, info@lndependentSector.org John R. Sdfrin Cbmr Gary L. Yata Thank you for your letter of September 22, 2004, encouraging INDEPENDENT SECTOR to convene an independent panel on the non-profit sector to consider and recommend actions that will strengthen good governance, ethical conduct and effective practice of public charities and private foundations. Vict 0 Mir Paul• Van NCS$ Trrnsurtr Chri<lopher Gate< Srcrttary Diana Aviv Prnid(!lr mur CEO We appreciate your thoughtful comments about the diversity ofthis important sector and the many good efforts around the country to consider how best to encourage good practice and address the wrongful actions of those who are exploiting charities' tax-exempt status and abusing the public trust. We applaud your desire to engage in serious analysis and deliberation to construct appropriate legislative remedies and enable good self-regulation. Bonrd of Dirtdors E..iw.;u -d I L Ahle, Jr. Angela Clover Blackwell K.athleen W. Buechel Hodding Carter Ill Robert W. Edgar Uwis M. Feldstein David Ford Barry Calxrman ~rian C.llaghcr Marilda Candora Pe~er 8. Coldlxrg Darell Hammond ) . Bryan Hehir J.D. Hokoyama Kevlo KI()S( K.athlecn D . McCarthy Gabriella E. Morri< To that end, we are proceeding with convening the independent national panel on the non-profit sector that you have called for and plan to engage a broad spectrum of leaders from charities and foundations of all sizes, as well as technical, legal, and financial experts to assist the panel in its work. As you have requested, the panel will provide an initial report of its findings and recommendations to the Finance Committee in February 2005, and a final report in the spring of 2005. We expect the work of the Panel to continue through the fall and will probably update our recommendations to you at that time. Karen N aras(llki Hilary Pennington M ichad Rubi ngcr Mary 8~ch S•lerno Donald M. Stewart William Trucheart Cous Whe-eler William S. White Tht Honorabl~ John W. Gardner ( 19 12-1001) I have attached a list of the outstanding individuals who have agreed to serve on the panel. We will provide other updates to your staff as we proceed with this important effort. Thank you for your interest and support for the work of this vital sector. We look forward to working with you in the months ahead. foll"'liHg Cixur Brian 0 1Conndl Sincerely, Found1"9 PrtSidntt 111nJ PrtsUtnl ElfttrilU1 ~ 1{)/Y'O/\. Diana Aviv President and CEO � 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_2004_BB_2004-11-03_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2004-11-03 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 2004-11-03 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, 50568 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 2004-11-03 https://digitalcollections.library.gvsu.edu/files/original/9f60827545548279e997cc9007fcd77b.pdf 31871d2ed6ccf1b11fc54e614ec8bec6 PDF Text Text CMF Cou ncil of M ichigan Foundat ions Serving grantmakers. Advancing giving. October 26, 2004 Memo to: CMF Board of Trustees From: Lloyd J. Yeo, Chair CMF Audit & Finance Committee RE: CMF 9-30-04 Financial Statements RESOLVED that the September 30, 2004, Financial Report, as recommended by the Audit & Finance Committee, be approved. On October 8, 2004, the Audit & Finance Committee met to review the August 31 , 2004 Financial Report. To provide the Board ofTmstees with the latest fmancial report, the committee agreed to review the September 30, 2004, by e-mail notification, pending no major changes from the 8-31-04 statements. Because there were none, the committee recommends the enclosed statements for approval. Core Operations Note 1: Member Contributions The W.K. Kellogg Foundation membership grant and additional membership contribution of $ 150,000 is being processed with receipt expected in November. Note 2: Conference & Meetings As of October 22"d registration figures for the Annual Conference were: Full Registrations Partial Registrations Speakers etc. Bud2et 400 250 130 780 Actual 273 149 176 598 With full registrations, and consequently hotel room reservations, running behind our contracted commitment with the Hyatt, there is a potential liability of $50,000-$60,000 to cover the short fall in revenue that would h ave generated from these rooms. �Treasurer' s Rep011 October 26, 2004 Page 2 Note 3: Wages & Benefits The variance from budget is due to the departure of the program associate in the Detroit office in March 2004. After exploring various options for staffing this position, Susan Howbert discovered an opportunity to share 40% of this position (and cost) with the John & James Knight Foundation, which was looking for a part-time support person for its Detroit office. We are pleased to announce that Beverly Spriggs started this position on September 27, 2004. Note 4: Publications & Printing The variance from budget is due to the Foundation Center fees to produce the 14'11 Edition of the Foundation D irectory; which have not been billed to CMF as of9-30-04. The Directory is scheduled for release in late November or D ecember of this year. Note 5: Professional Services Based on a review of the 990 PF for some of our corporate foundation members the issue regarding expenses that a corporation can charge to its foundation needs clarification. This issue revolves around the disqualified persons rules for private foundations and expenses that can be charged from the corporation. CMF has enlisted the help of our legal counsel Clark Hill and COF to offer guidance on what we feel is an issue for the entire country. News clip service Public Affairs Legal Audit Fees Not So Basic (training) 984 6,000 7,802 4,258 1,042 Note 6: Travel Travel Auto Meals Hotels 4,174 12,962 1,596 4,689 Russell G. Mawby Fund Association Dues MNA Sponsorship Grantmakers Grantseekers Michigan Women's Foundation Sponsorship Governor's Service Award Dinner National Philanthropy Day, W MI Chapter Fund Raisers MNA Nonprofit Day Sponsorship $1 ,000 1,500 350 500 500 �Treasurer' s Rep011 October 26, 2004 Page 3 Publications I Establishing A Charitable Foundation Brochure 273 I II ,3 15 I 4,615 I Professional Fees I Clark Hill Accountability work Meetings I Members' Meeting Kalamazoo June 04 Russell Mawby F und for Kids Summer Intern 30% of CF Program Associate Y AC Stipends 6,39 I 7,704 500 MCFYP Endowment MI Campus Compact Student Service Award! Travel & Registration Fees- CF Program Associate andYACers Y AC Sununer Conference CMU June 2004 500 5,7I4 21,714 Riecker Leadership Fund This fund is being used to support 25% of the Public Policy Fellow starting 7 - I -04, with the other 75% being supported by a grant from the W .K. Kellogg Foundation. S:\Boards and Commitees\CMF\Board\2004\ 11.3.04MtgMaterials\Treasuret's Report.doc �Council of Michigan Foundations & Supporting Organizations Consolidated Balance Sheet September 30, 2004 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 $1,085,985 2,122,954 3,379,519 619,479 32,841 $7,240,778 Endowment Funds $235,473 12,107,978 266,859 $12,610,310 Supporting Organizations Michigan AIDS MCFV Fund $14,901 ,676 (3,604,207) 23,614 $11 ,321,083 $486,960 388,181 (42,171) 15,097 6,442 $854,509 $11 ,195 99,865 111 ,060 0 7,129,718 0 237,544 237,544 455,020 616,965 Total $16,710,094 12,107,978 2,511,135 0 658,190 39,283 $32,026,680 $11 ,195 99,865 237,544 348,604 7,129,718 12,610,310 10,866,063 11,321,083 616,965 8,201,703 12,610,310 10,866,063 31 ,678,076 $7,240,778 $12,610,310 $11,321,083 $854,509 $32,026,680 12,610,310 �Council of Michigan Foundations & Supporting Organizations Consolidated Statement of Activities and Changes in Net Assets 4-1-04 to 9-30-04 Council of Michigan Foundations _ _ _ ____.!1 '------=:.:.:.;:.:;.;;.;..;.=:..:.:..ll::::.:.~:-:::;;:.::.:::.:.:.:.::... Core Operat ions Revenues Spendable Income Member Contributions Additional Member Contributions Other Grants Conference Income Publications & Library Services Other Income Investment Income Total Revenues Program/Admin Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Association Dues Books & Subscriptions Publications & Printing Professional & Contracted Services Travel Training & Seminars Conference & Meeting (Gain)/Loss sale of fixed assets Overhead Allocation to Spec Proj Total Program/Admin $0 667,272 11 ,710 248,267 4,226 5,127 12,440 949,042 369,936 26,306 9,215 3,438 10,530 13,021 4,193 15,023 0 18,972 18,072 2,603 35,881 20,085 23,423 3,229 118,539 (2,350) (6,660) 683,456 Special Projects $0 677,283 500 1,286 31,939 12,516 723,524 638,746 15,626 5,746 4 ,044 12,829 38,790 2,109 0 0 110,539 513 5,548 44,076 342,780 27,745 5,726 11,454 6,660 1,272,931 CMF Endowment Funds $520,500 10,600 25,269 556,369 17,931 29 CMF Total $520,500 667,272 11,710 677,283 259,367 5,512 37,066 50,225 2,228,935 $0 $0 47,557 157,057 (251,780) (204,223) 2,913 159,970 1,026,613 41 ,932 14,961 7,482 23,388 51 ,81 1 6,302 15,023 33,383 128,241 14,842 2,692 755 1,513 20,117 1,244 342 129,511 22,935 8,401 80,230 374,181 55,458 10,640 156,322 4 ,310 (6,660) 2,022,840 37,684 . 4,350 250 273 11,316 4,290 1,685 26,329 66,453 Supporting Organizations Michigan AIDS MCFV Fund . . . . . . . . . . . . 29 . (265) 139,917 . 97 . (56) . 210,789 3,709 709 4,825 115,21 1 4,963 385 3,410 302,958 GRANTS Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures Beginning Net Assets Transfer from MCFV Change in Net Assets Ending Net Assets 0 0 0 0 0 0 0 0 716,438 716,438 265,586 (1 ,265,845) 1,321 ,535 265,586 $1,587,121 6,808,442 (1 ,265,845) $5,542,597 . . 489,916 12,641,874 (980) (30,584) $12,610,310 . 716,438 716,438 . 2,100,000 2,100,000 197,340 197,340 (510,343) (2,515,012) (340,328) 20,771 ,851 (980) (1 ,030,843) $19,740,028 13,835,115 980 (2,515,012) $11,321,083 957,293 (340,328) $616,965 �Combined Total $520,500 667,272 11 ,710 881 ,897 259,367 5,512 37,066 (198,642\ 1,664,182 1,188,237 56,774 17,653 8,237 24,930 71 ,928 7,546 15,365 170,904 22,935 8,845 224,972 489,392 60,518 11 ,025 159,676 4 ,310 2,543,247 3,013,778 3,013,778 (3,365,683) 35,564,259 (3,886,183) $31 ,678,076 �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-04 to 9-30-04 12 Month Budget 2004-05 Revenues Member Contributions 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 Computer Association Dues Books & Subscriptions Publications Professional & Contracted Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixe Assets Overhead Allocation to Spec Projects Total Program/Admin $ 6 Month Budget 9/30/2004 883,000 195,000 $ 6 Month Actual 9/30/2004 733,000 185,000 $ 667,272 11,710 Note 1 624,600 62,300 3,000 24,000 1,791,900 456,000 1,300 700 12,000 1,388,000 248,267 4,226 5,127 12,440 949,042 Note 2 762,200 59,500 17,000 8,000 27,200 30,600 5,800 15,000 391 ,700 29,700 8,500 4,100 13,600 15,300 5,800 15,000 369,936 26,306 9,215 3,438 10,530 13,021 4,193 15,023 Note 3 69,400 27,000 5,500 139,000 37,200 43,000 12,000 550,000 34,800 23,400 2,800 78,000 20,900 21 ,400 6,000 208,400 (16,500) 1,791,900 (8,200) 871 ,200 18,972 18,072 2,603 35,881 20,085 23,423 3,229 118,539 (2,350) (6,660) 683,456 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 0 Excess Revenues Over Expenditures 0 516,800 265,586 1,321,535 0 1,321,535 1,321 ,535 516,800 1,838,335 1,321,535 265,586 $1,587, 121 Beginning Net Assets CHANGE IN FUND BALANCE Ending Net Assets Note 4 Note 5 Note 6 Note 2 �CMF Endowment Funds Consolidated Statement o f A ctivities and Changes in Net A ssets 4-1-04 to 9 -3 0-04 Endowm ent Fu nds Russe ll G Maw by Johnson M aw by F und Fund For Kids Educational Fo undation Fund Endowment MCFYP Endowment s s Allen F und Commu nity Comm Fdn Rlecker Fund 12 Mont h Technology Fund Budget T otal ~ Reve nues Spendable Income Member Cont ributions Additional Mem ber Contributions Other G rants 8,500 s 63,000 s 36,000 $ 44,000 277.000 (125) Conference Income 48,000 s 25,000 $ 19.000 s 520,500 $ 520,500 10,600 4 ,000 18,500 25,269 556,369 586,800 1,129,800 17,931 38,800 29 29 100 400 500 4,350 250 273 11,316 4,290 1,685 26,329 66,453 4,000 23,800 20,700 35,000 27,500 10,725 P ublications & library Services Other Income Investment Income Total Revenues (2.616) 5 ,88 4 (160) 62,840 P rogramf Adm in Expenses Wages & Benefits (121) 35,754 9 ,853 53,853 9,330 286,330 14,595 Occupancy T elephone Equipment Lease & Maintenance Postage S upplies Insurance Equipment & Furnitu re Depreciation Computer Association Dues Books & Subscriptions 3,850 250 273 11,316 Publications & Printing P rofessional & Contracted Services T ravel T raining & Seminars Conference & Meeting Total Program/Admin 51 210 4,615 20,304 59,855 10,332 35,332 500 2,836 1,130 4.239 1,475 21,714 28,457 14,856 (2 ,479) 16,521 2,836 115,700 266.000 GRANT S Challenge Grants Mini-Grants Compu ter Grants Other G rants Total Gran ts ------- Excess Revenues Over Expenditures 5,884 42,536 20,898 53,853 Beginning Net Assets Transfer from Other Funds Excess Revenues over Expenditures Ending Net Assets 179.376 1,485,796 863,586 1,003,692 (15.102) $848 ,484 9 ,853 $1,013,545 (2,616) (20,464 ) $ 176,760 $ 1,465,332 286,330 6.379.148 (980) 9 ,330 $6,387.498 31,398 32,496 16,521 1,165,957 1,123,607 440.712 (16,602) $1,149,355 7,496 $1 ,131,103 (2 ,479) $438.233 489,916 12,641 ,874 (980) (30,584) $ 12,610,310 863.800 12,641,874 863,800 ~ �CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. October 26, 2004 Memo to: CMF Board of Trustees From: David R. Lindberg RE: Resolution for Banking/Investing Activities RESOLVED that the President & Chief Executive Officer, VP of Finance & Administration and Chief Operating Officer are authorized and empowered to execute and deliver on behalf of CMF and its supporting organizations, such printed resolutions deemed necessary to establish or continue relationships with various banks and investment management firms. Except for checking accounts, those relationships shall be established based on the direction of the CMF and Supporting Organization's Investment Committee. Background Occasionally staff are required to open new investment accounts based on direction from the Investment Committee. In order to open a new account the bank or investment firms typically require the board to adopt a resolution to establish this new relationship. To prevent delays in these transactions, management is recommending that the Board adopt this standing resolution as recommended by CMF legal counsel, Clark Hill. It should be noted that in all cases a formal resolution will still need to be signed by an approp 'riate officer of the corporation, which is typically the Secretary or Treasurer. S:\ Boards and Commite esiC MF\Boa rd\2004\ 11 .3.04Mtg Materia ls\Banki ng Resolutions.docS:\Boards and Commitees\CM F\Board\2004\ 11 .3.04MtgMa terials\ Banking Resolutions.doc �CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. October 26, 2004 Memo to: CMF Board of Trustees From: Robert E. Swaney, Jr., Chair CMF Investment Committee Re: June 30, 2004, Investment Report RESOLVED that the June 30, 2004, Investment Report, as reviewed by the Investment Committee, be accepted. On October 19, 2004, the Investment Committee met to review and accept the enclosed report. On a quarterly basis, the combined Investment Committee for the Council of Michigan Foundations (CMF), Michigan Community Foundations' Venture (MCFV) and the Michigan AIDS Fund (MAF), meets to review the investment performance for the operating and permanent endowment funds. Recent Issues Addressed by the Investment Committee: KYIP Investments CMF is currently holding $11,188,685 received from the W.K. Kellogg Foundation for the purpose of supporting permanent endowment funds for three Kellogg Youth Initiative Partnership sites. With a distribution plan formally accepted by the three sites the Investment Committee has moved these funds from equities and fixed income securities to money market instruments and U.S. Treasuries. Pooling of Investment of CMF Endowment Funds With a adoption of a new software package which allows for the allocation of investment income from a pooled investment account to separate endowment funds staff has completed the consolidation of the eight endowment funds into one account at both Comerica and Bank One (vs. 16 accounts in the past). This process follows the community foundations which typically pool their different endowment accounts (vs. a separate account for each fund) and significantly reduces the administrative time to rebalance the investments and book the monthly investment income to the various endowment funds. �Investment Report October 26, 2004 Page 2 The enclosed Investment Report is presented in three sections. Investment Performance Report The benchmark is based on the targeted asset allocation fommla listed below, using the Lipper median returns provided by Comerica on a quarterly basis. Asset Class S&P 500 S&P 400 S&P 600 REIT International Equities Short Bond Bond High Yield Bond Fund Cash Allocation 37% 9% 6% 5% 13% 12.5% 12.5% 5% 0% The Lipper returns are based on the following asset classes. Lipper Large Cap Core Lipper Mid Cap Core Lipper Small Cap Core Lipper Real Estate Equity Lipper International Lipper Corporate Debt A Rated Fixed Income Asset Allocation Report The Investment Committee has approved an asset allocation re-balancing policy that instructs CMF's Vice President of Finance to rebalance the endowment fund portfolios on a quarterly basis. To keep administrative time to a minimum CMF maintains one checking account to pay all endowment fund expenses. The negative cash balances are the result of endowment fund expenditures from the CMF checking account, which are periodically reimbursed, by transfening cash from the endowment funds to the CMF general checking account. The Margaret Riecker Leadership Fund received a $200,000 pledge payment during the fourth quarter of2003-04, which caused the actual asset allocation to vary from the target at March 31, 2004. Investment Performance Comparison Report In addition to the Lipper returns, the Investment Committee uses the Cambridge & Associates, Inc. pool of colleges, universities, and foundations as a benchmark comparison. S :\Boards and Commitees\CMF\Board\2004\ 11.3 .04MtgMaterials\lnvestment.doc �Council of Michigan Foundations Asset Allocation June 30,2004 Investment Balance 6-30-04 A ctual Asset Allocation Targeted Asset Allocation $4,346,809 100% 100% $598,496 100% 100% $11,188,685 100% 100% $530,203 100% 100% Operating Funds CMF Operating & Special Projects MCFYP Operating & Special Projects KYIPFund Michigan AIDS Fund Note: All operating funds are invested in money market accounts. Endowment Funds William Allen Endowment Fund Cash Equivalents Fixed Income Equities $2,189 49,941 123,555 $ 175,685 1.2% 28.4% 70.3% 100.0% 0% 30% 70% 100% Russell G. Mawby Endowment Fund to Improve & Increase Philanthropy and Ruth & Russ Mawby Fund for Kids Cash Equivalents Fixed Income Equities 2,978 685,312 1,615,894 $ 2,304, 184 0.1 % 29.7% 70.1% 100.0% 0% 30% 70% 100% $82, 147 1,862,223 4,394,719 $6,339,089 1.3% 29.4% 69.3% 100.0% 0% 30% 70% 100% $ 13,472 291,806 691,236 $996,514 1.4% 29.3% 69.4% 100.0% 0% 30% 70% 100% $ Community Foundation Endowment Cash Equivalents Fixed Income Equities Dorothy Johnson Educational Fund Cash Equivalents Fixed Income Equities boardcomm/cmf/board/04-05/lnvest Report Returns.xls-1 �Council of Michigan Foundations Asset Allocation June 30,2004 Investment Balance 6-30-04 Actual Asset Allocation Targeted Asset Allocation $22,414 340,439 801,089 $1,163,942 1.9% 29.2% 68.8% 100.0% 0% 30% 70% 100% $9,072 236,713 564,052 $809,837 Note: This balance does not include outstanding pledges 1.1% 29.2% 69.7% 100.0% 0% 30% 70% 100% 1.3% 29.3% 69.4% 100.0% 0% 30% 70% 100% MCFYP Endowment Fund Cash Equivalents Fixed Income Equities Margaret A. Riecker Leadership Fund Cash Equivalents Fixed Income Equities Community Foundation Technology Fund Cash Equivalents Fixed Income Equities boardcomm/cmf/board/04·05/lnvest Report Returns.xls· 1 $5,558 128,257 303,949 $437,764 � 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_2004_BB_2004-11-03_Financials Title A name given to the resource Council of Michigan Foundations 2004-11-03 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 2004-11-03 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, 50567 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 2004-11-03 https://digitalcollections.library.gvsu.edu/files/original/66cdfffdae1aaf69773399e26f9c6392.pdf b16d18da9e6a51270cb83b673bb5c860 PDF Text Text CMF Council of M ichigan Foundat ions Serving grantmakers. Advancing giving. October 25, 2004 To: S. Martin Taylor, Chair & Members of the CMF Board of Trustees From: Julie F. Cummings, Vice Chair, Private Foundations & Chair, Family Philanthropy Committee Susan Howbert, Director, Family Philanthropy Services Re: Family Philanthropy Report We are pleased to highlight the following activities for family foundations since the June Board Meeting. The 2005 Family Foundations Retreat will take place on June I 0 - 12 at the Grand Traverse Resort. Family Foundations Summer Reception Forty family foundation trustees enjoyed a delightful evening on July 22 at the Bay Harbor home of Bob and Judy Hooker, Robert L. & Judith S. Hooker Foundation. Judy is a past board chair ofCMF. The summer reception provided a wonderful opportunity for members to network, and to hear an important update on the congressional hearings focused on further regulation of the charitable sector. Special guests included Nancy Drew - artist, author and designer - from Niles Michigan, who has volunteered to be artist in residence at a future Annual Conference. Be Ready by Five, A Family Foundations Learning and Support Group A group of family foundation trustees, formed over three years ago, continues to meet regularly and discuss the issues of early childhood and school readiness. Recently Be Ready by Five meetings have focu sed on visiting early childhood programs in different regions of the Michigan. The committee met in Grand Rapids on June 3 to make a site visit to the Child and Family Resource Council to learn about the H ealthy Start program, the Advocacy Project, and the Connections for Children project. On September 13, the group met in Owosso to visit the Shiawassee ABC. The next site visit meeting will take place in the Southgate/Grosse Ile area in early 2005. The group recently developed a brochure featuring grant ideas for all types of programs (Health, Arts, Religion, Education and Environment) to help Michigan's youngest �Family Philanthropy Report October 25, 2004 Page 2 citizens. The brochure will be distributed to all of Michigan's family foundations. (A copy is in the back pocket of the Board meeting notebook.) In addition, the members of Be Ready by Five are hosting a reception in the fami ly foundations hospitality suite (Room 501) on Wednesday, November 3 at 5 p.m. and welcome any CMF trustees who are interested in learning more about their activities. Family Foundations Newsletter-The Family Philanthropist CMF has completed its first year of collaboration with the Ohio Grantmakers Forum (OGF) on the development and production of a national regional association family foundations newsletter. The newsletter with an annual subscription price of $20 per family foundation member of the subscribing regional association, was developed to be a valuable marketing tool for new members as well as a "value-add" for current members. The recent edition included articles that contained practical tips and advice for family foundations regardless of size or age, written by experts such as Judith K. Healey and Marcus Owens. (A copy is also in the back pocket of the Board meeting notebook.) Charter subscribers included Donors Forum of Chicago, Connecticut Council of Philanthropy, Delaware Valley Grantmakers, Indiana Grantmakers Alliance, Council of New Jersey Grantmakers, Grantmakers of Oregon and SW Washington, Rochester Grant.makers Forum, San D iego Grantmakers, D onors Fomm of South Florida, and Washington Grantmakers. Family Philanthropy Committee Conference Call The Family Philanthropy Conunittee met on Wednesday, October 13 via conference call. Julie and Susan announced the wonderfu l news that Betsy Stover has accepted the invitation to be the next chairperson of the Family Philanthropy Committee. She will cochair the committee with Julie for the next year prior to assuming chairmanship. In addition to reviewing past 2004 programs and activities, the committee discussed new programming ideas for family foundations. Consensus was reached on holding small regional gatherings in members' homes throughout Michigan as networking and recruiting events; and taking a fami ly philanthropy study trip to New York City in the fall of2005. Committee members who participated in the call besides Chair Julie Cummings included: John Colina, Colina Foundation, Tom Cook, Cook Family Foundation, Richard Levey, The Shiffman Foundation, Carol Paine-McGovern, Paine Family Foundation, Jennifer Poteat, Harry A. & Margaret D. Towsley Foundation, and Betsy Stover, Frederick S. Upton Foundation. � 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_2004_BB_2004-11-03_Family-Philanthropy Title A name given to the resource Council of Michigan Foundations 2004-11-03 board book family philanthropy 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 2004-11-03 board book family philanthropy. 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, 50566 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 2004-11-03 https://digitalcollections.library.gvsu.edu/files/original/6c4af59bbb0844762401f0316bebc359.pdf fb6c8127f146287f6b5e7efc9fbe4369 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers, Advancing giving, October 25, 2004 TO: S. Martin Taylor, Chair, and Members of the Board ofTrustees FR: Sandra Ulsh & Russ Gabier, Co-chairs, Annual Conference Committee Vicki Rosenberg, Vice President & Chief Operating Officer RE: 32"d Annual Conference - SPECIAL UPDATE!! Grantmaking With Trust & Integrity November 3-5, 2004, Dearborn We look forward to having you with us at the 32nd Annual Conference, Grantmaking with Trust & Integrity, which starts at 12:30 p.m., on Wednesday November 3rd with Networking Lunches. Registration materials will be given to you at the Board Meeting. Conference Design In addition to three plenary sessions, six mini-plenaries and 24 concurrent sessions, the 32"d annual conference offers registrants several excellent opportunities including; • Two Experienced Grantmaker Seminar.5, an increase from the one offered in prior years: "The Role ofPower & The Power of Role" with GrantCraft; and "GIS Mapping Systems" with Dr. Larry Gant, University of Michigan. • New Jl1icro-Workshops, quick lessons on effective use of technology including the CMF website, GuideStar, GIS mapping and on-line grant applications. • Six Site Sessions. • 2/1{1 Annual CMF/GrantCraft Pre-Conference Invitational Workshop on change management; and Building Strong & Ethical Foundatiom with the Council on Foundations. • Ask the Expert appointments on governance, evaluation, grantmaking, change management, strategic communication, the Patriot Act and foundation effectiveness. • Breakfast Roundtables on topics from "The Role of Philanthropy in Venture Capital" to "Entrepreneurial Leadership" and "Early Childhood." • Exciting evening events- Wednesday at the Hyatt honoring the Ford family as Honorary Chairs with special entertainment by the SPINX organization and a special edition ofNPR's Wait, Wait ... Don 't Tell Me with host Peter Saga!; and The Sands of Time Party at the Henry Ford Museum wjth drummers, dancers and a middle eastern ensemble and singer to celebrate Dearborn. PROMOTION In addition to direct mail, blast email, fax and phone, this year we have tried Annual Conference E-Bulletins on each of the four Monday's preceding the conference week. Each bulletin has an article on a high profile speaker or session, links to registration, and information on special opportunities. �32"d Annual Conference Report October 25, 2004 Page 2 Registration As of October 25, full registrations were at 68% of budget and partials were at 62% of budget (see Table One below for details). We are pleased that 56% of registrations were made on-line, 6% more than last year indicating increased use of the web. Final numbers will be provided at the Board meeting. Final registration numbers are expected to be close to last year's total of705 by the time we meet in Dearborn. Several factors may have contributed to the below expected registration numbers including: the Nov. 2"ct election, economy, location (many fami ly foundations plan to attend the 2005 conference in Traverse City and to skip Dearborn), and competing fall conferences such as the COF Community Foundation Conference in Minneapolis earlier this month, and the Independent Sector Conference in Chicago the week of November 7. Considering the fiscal impact of low registrations, we recommend conducting a member survey and focus groups to inform future planning. REGISTRANTS Full Partial Comp-staff, speakers, partners Total BUDGETED 400 250 130 2004ACTUAL (as of 10-25) 273 156 197 2003 Final Registrations 328 227 150 Varia nce 2003 to 2004 (55) (71) 47 780 626 750 (125) SPONSORS & EXHIBITORS CMF is grateful to the many sponsors who have contributed $143,000, a 9% increase ($11 ,000) over 2003 sponsorships. In addition, several CMF members are providing support through underwriting session expenses. We are pleased to have reached our goal of obtaining 10 Conference exhibitors which generated $17,000 in revenue. Please visit with the Exhibitors during the Conference and thank them for their support. Save the dates now - the 33rct Annual Conference will be held at t he Grand Traverse Resort in Traverse City from October 10-12, 2005 1:\VRosenberg\Annual Conf2004 - memo to Board I0-25.doc � 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_2004_BB_2004-11-03_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2004-11-03 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 2004-11-03 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, 50565 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 2004-11-03 https://digitalcollections.library.gvsu.edu/files/original/12b85aa00798316cdecf286943479dd7.pdf c1d734aa59ab650594bfaccd72fd445c PDF Text Text CMF Cou ncil of M ichigan Foundat ions Serving grantmakers. Advancing giving. Board of Trustees Meeting Wednesday, November 3, 2004 8:30a.m. Hyatt Regency, Dearborn DeSoto Room AGENDA I. TAB Call to Order S. M artin Taylor Introductions and Welcome to New Trustee, Carol Goss ACTION ITEMS II. Approval of Minutes June 10, 2004 Board ofTrustees M eeting September 30, 2004 Executive Committee Minutes III. Treasurer's R eport Banking R esolutions Lloyd Yeo 2 IV. Investment Committee Robert Swaney 3 V. Sandy Ulsh Nominating Committee Recognition of "Graduating" Trustees 4 VI. M embership Committee 5 VII. Government R elations Committee Libby Maynard 6 VIII. Learning to Give 7 B etsy Upton Stover Russ Mawby �Board Meeting Agenda 11 /3/04 Page 2 REPORTS IX. Special Update on 32"d Annual Conference Sandy Ulsh & Russ Gabier 8 X. Public Policy Committee 9 David Egner XL Family Philanthropy Committee Julie Cummings 10 XII. President's R eport 11 XIII. Future Meeting Dates Next Board Meeting: March 8 & 9, 2005 XIV. Other Business XV. Adjournment Rob Collier Thursday, March 3, 2005 University Club, Lansing Foundat ions on the Hill! Washington, D .C. S:\Boards and Commitees\CMF\Board\2004\ 11.3.04MtgMaterials\DraftAgenda ll-3-04.doc � 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_2004_BB_2004-11-03_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2004-11-03 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 2004-11-03 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, 50564 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 2004-11-03 https://digitalcollections.library.gvsu.edu/files/original/c8aee60732b9c573cc85dca6ea88b94d.pdf 7398f67535863260174e409b6c58ad75 PDF Text Text 06.10.04 Board Materials93.jpg �ISBN 1-891445-07-3 SusTAINABLE PAYOUT FOR FouNDATIONs Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials94.jpg �Introduction The Purpose of the Original Study At the request of several of our members, the Council of Michigan Foundations (CMF) retained Cambridge Associates, Inc. (CA) in the late fall of 1998 to evaluate the private foundation payout rate required by the federal government, based on the real returns of a group of Michi gan private foundations over a 25-year period. The purpose of this study was to evaluate the sustainable real (int1ation-adjusted) level of payout for private foundations in light of the actual experience of a sample of private foundations with diversified portfolios located in the State of Michigan. To that end, CA assembled and analyzed historical data from 48 Michigan foundations that had been in continuous operation since 1973, and included data up through the end of 1997 (a twenty-five year period). For the purposes of this study, several approaches were taken to answer the question of how much a fund can spend without depleting its real value over time1 : The actual returns earned by the sample group of Michigan foundations over the period 19731997 were analyzed to test whether the actual experience ofthese foundations tracked closely with index results over the same period. While most payout studies had concentrated on modeling index data, there had not been an attempt (to our knowledge) to examine the actual experience of private foundations prior to this study. In addition, the actual spending history of the sample foundations was analyzed over the same period to detem1ine the foundations' ability to comply with the 5% spending mle given the market volatility of the last three decades. The results of this sh1dy were published in April of 2000, and are availabl e on th e Council of Mich igan Foundations website at www.cmif.org/ documents/payout. pdf Using historical index returns, analysis of hypothetical portfolios invested 65% in U.S. equities and 35% in U.S. bonds from 1969-1998 was reviewed to determine what would happen if a foundation's annual spending was set at various annual rates. ' For the purposes of the ach1al historical spending analysis, data from all48 foundations in the sample group were used. For the purposes of the actual historical returns analysis, returns data from 33 of the 48 foundations were used, excluding those 15 foundations with significant single-stock holdings. A STUDY COMMISSIONED BY THE C OUNC IL OF M ICHIGAN FOUNDATIONS 06.10.04 Board Materials95.jpg �The Purpose ofthe Current Update Conclusions Given the extreme market movements (up and down) since 1997, we wanted to update the basic data of the original study to see how the passage of five more years (1998- 2002) influenced the data and conclusions of the original report. In keeping with the April 2000 study, the first part of this update will focus on the actual investment returns and payout histories of the Michigan sample group between 1973 and 2002 (a now thirty-year period). The second part examines the direct effects of various payout rates on real payout levels and market values of the hypothetical 65/35 index portfolio described above. As noted in the 2000 study, a 65/35 blend was chosen because it approximated the average asset allocation of the sample group. The inclusion of updated market data from 19982002 confirms the major points of the original study: 2 SusTAINABLE PAYOUT FOR FouNDATIONs Updated simulations using historical index data from 1969 -2002 confirm that a 5% spending rate is probably too high to maintain purchasing power in perpetuity. The addition of return data from 1998-2002 shows that the market value ofa fund spending 5% during this 34-year period would end up below its 1969 value in real terms by 2002. The actual return experience of a sample of Michigan foundations does not support a rate of higher than 5%, either. Adjusted for inflation, average annualized returns for the sample group over the past 25- and 30-year periods are only slightly above IRS mandated payout rate of5%, at 5.27% and 5.08%, respectively. Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials96.jpg �Part I the passive index blend were very close, while the inflation-adjusted return for the sample foundations exceeded the current 5% rule by only 27 basis points. The results for the thirty year period 1973-2002 period are much the same, though the difference between the passive b lend and the foundation sample narrowed significantly. Inflation-adjusted returns declined from 5.27% for the 25-year period ending 1997 to 5.08% for the 30-year period. Return Experience of the Response Pool As noted above, prior to the publication of our study in 2000, much of the analysis regarding the sustainable level of spending for private foundations was done by modeling passive index returns. The chart below illustrates to what extent the actual returns of the foundations in the Michigan sample group mirrored those of a hypothetical portfolio constructed with passive indexes (composed of the same 65%/35% split outlined above). More importantly, it also illustrates the extent to which actual foundation returns fell short of or exceeded the 5% payout rule adjusted for inflation. In both periods shown below, returns are since 1973, with the returns reported in the original study shown on top and the returns through 2002 shown below. ror the 25-year period between 1973 and l 997, actual returns for the Michigan group and The initial conclusions of the 2000 study appear to be confirmed by the addition of five more years of data (see chart). In 2000 we noted that modeling based on passive indexes was likely to provide a reasonable approximation of actual foundation experience. We also concluded that, in order for foundations to be sustainable over long periods of time, a payout rate of 5% was appropriate. HISTOR I CAL RATES OF RETURN 1973-97 Return.~ (25 Index Portfolio Returns Year.~) Actual Foundation Returns Nominal 11.80 % 11.04% Inflation-adjusted 6.00 % 5.27% 1973-02 Returns (30 Years) Index Portfolio R eturns Actual Foundation Returns Nominal 10.37% 10.28 % lnflation-adjus ted 5.17 % 5.08% A STUDY COMMISSIONED BY THE COUNC IL OF MICHIGAN FOUNDATIONS 06.10.04 Board Materials97.jpg 3 �IRS Payout Requirements Exhibit 1 plots the weighted average payout ratio for the foundation sample group from 1973 to 20022. A horizontal line is drawn beginning in 1982 to indicate the period in which the 5% payout rule was in force. As noted in the original report, prior to 1983 actual payout rates averaged 6.6%, since payout requirements mandated the higher of adjusted net income (including interest and dividends) or a "minimum investment return" ranging from 4.375% to 6%. Average payout between 1983 and 1993 was actually below the 5% level for the following reasons: In the five years following 1993, payout rates hovered around the 5% mark with relatively little volatility. 1998-2002 Update A vertical line is drawn at 1998 to indicate the period for which data was added since the April2000 report was published. Since 1998, foundation payout rates have stayed quite close to the mandated 5% level, continuing the trend begun in the early 1990s.3 The IRS allowed carry-forward credits for over disbursements in years prior to 1982. Higher bond and equity valuations, coupled with a one-year grace period for payout requirements, resulted in effective annual disbursements of less than 5%. 2 Exhibit l serves to update Exhibit 4 from the April, 2000 report. However, this graph is dollar-weighted, giving the few largest foundations disproportionate weight. If we remove the single largest foundation from this analysis, volatility around the 5% mark actually increases between 1999 and 2002. This may be more reflective of the typical foundation 's experience during this period. As equity markets surged i11 the late 1990s, effective payout rates dropped below 5%, and as markets slumped after 2000, payouts spiked significantly. 3 4 SusTAINABLE PAYOUT FOR FouNDATIONs Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials98.jpg �Part II The Effect of Various Spending Rates on Real Payout Levels and Fund Market Values Since the analysis in the previous section demonstrated that a blend of passive indexes approximates the return history for the Michigan sample, we can use that same passive index blend to illustrate the effect of market cycles on Foundation assets and payout of long periods of time. This is shown in Exhibit 2. Findings from 1969 - 1998 The period shown here begins towards the end ofthe great bull market of the 1950s and 1960s. By 1968, the diversified Michigan foundations we surveyed had over 50% of their assets allocated to equities, virtually all invested in U.S. stocks. In the decade ofthe 1970s that followed , stocks posted anemic nominal returns and negative real returns. By 1998, only the funds spending 4% and 5% had maintained their real asset values (having taken nearly thirty years just to regain their 1969 levels), while the 6% and 7% funds remain substantially poorer than they were in 1969. Effects ofthe Recent Bear Market W hile market values continued to rise between 1998 and 2000-bringing all funds except the one spending 7% above their 1969 payout levels for the first time in 30 years-the subsequent bear market since 2000 has returned all but the 4% fund to sub-1969 levels. As of2002, on ly the 4% fund had preserved its real wealth since 1969, while even the 5% fund had declined nearly 18% from its begitming real value. Between 1998 and 2002, there was a 31 % decline in real market value for the fund spending at the 5% mandated level. Note that by the end of 1998, real inflationadjusted sp ending for each of these funds remained below the 1969 level of $5, with the sole exception of a hypothetical fund spending 4%. A STUDY COMMISSIONED BY THE C OUNC IL OF M ICHIGAN FOUNDATIONS 06.10.04 Board Materials99.jpg 5 �Variable Versus Constant Spending Rates in a Bear Market The two charts in Exhibit 3 are designed to show the effects on a fund that succumbs to pressure to raise payout towards the end of a bull market. Both funds are invested 65% in U.S. equities and 35% in U.S. bonds. Fund A, however, follows a steady 5% payout (computed on a four-quarter basis), while Fund B employs a variable rate. Specifically, Fund Braised its payout rate at the end of the bull market of the late 60s, increasing payout from 5% in 1969 to 7% in 1973. As a result of the ensuing bear market, Fund B gradually reduced its payout to 5% again by 1978. For the purpose of this exhibit, we assume that Fund B again adjusts its distributions during the late 90s, raising payout rates to 5.5% in 1997,6% in 1998,6.5% in 1999, and 7% in 2000. As a result of the bear market that began in 2000, payout is reduced to 6% in 200 1 and 5% in 2002. As a result of Fund B 's increasing payout rates during the bu 11 market of the 1990s the disparity between the two funds' real m~rket value widens, further impairing Fund B's futu re spend ing level-which by 2002 has dropped almost 20% below its 1969 level in real dollar terms. Through 1998, cumulative spending from both funds over the period was nearly identical (Fund A had cumulative spending of$94.82 per $100 of original value, while Fund B had $94.1 7). Nonetheless, the higher absolute spending achieved by Fund A by the end of the period means that if the two funds follow identical spending rules, in the long run Fund A will have a higher cumulative spending. This is exacerbated if Fund B continues to vary its spending heading into a bear market. Because it has paid out more, Fund B is more severely depleted than Fund A in the subsequent market decline, and its spending consequently lags that of Fund A when the markets recover. Although the real market value of both funds has recovered by 1998 (Fund B having just exceeded $100 million again), both are still spending less in 1998 than they did in 1969 i_n real dollar tem1s. 6 SusTAINABLE PAYOUT FOR FouNDATIONs Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials100.jpg �Conclusions The question raised by Cambridge Associates' original study in April 2000 was: What is the sustainable level of payout for private foundations? The analysis perfmmed then suggested that payout rates above 5% will result in the erosion of both a foundation's real asset value and its real payout distributions over time. The data included in this update reaffirm those conclusions. Past levels of index returns (using index data as a proxy) do not support a payout rate above 5%. The long-term historical actual returns from a sample ofMichigan foundations do not support a rate of higher than 5%. The more recent data ( 1999- 2002) illustrate the negative effect even short-term market fluctuations can have on a foundation's ability to maintain long-term historical real returns above 5%. Accordingly, the current 5% payout rate provides founding donors with a reasonable expectation that real payout will be maintained in perpetuity. To raise the currently mandated rate would eliminate that expectation by undermining the ability of private foundations to provide a sustainable level of real payout over time. Looking briefly to the future, if market valuations cannot sustain their current high levels (more than a full standard deviation above historical averages), foundat ions will be hard pressed to generate inflation-adjusted returns above the 5% required payout. While the focus of this study is to ascertain a sustainable level of payout for foundations and not to argue in support of sustainability, it bears pointing out that real payout levels and market valuations of private foundations could be particularly sensitive to a change in required payout rates over the next I 0 - 20 years. Varying spending rules based on market movements (i.e ., raising payout after periods of strong market returns) can have a significant, detrimental effect on long-term cumulative payout levels. A STUDY COMMISSIONED BY THE COUNC IL OF MICHIGAN FOUNDATIONS 06.10.04 Board Materials101.jpg 7 �Exhibit 1 RESPONSE POOL PAYOUT RATES Foundation Real Weighted Returns & Spending R ates --Spending Rates - - Legal Minimum Spending 10.00% 9.00% 8.00% 7.00% 6.00% 5.00% (Variable Rule in Force) 4.00% 3.00% 2.00% 1.00% 0.00% t---,--,,--~--.--,--~--.--,,--~--.--,--~-L-.--,,---, Source: Response pool comprised of all 48 Michigan foundations who responded to the survey. Note: 8 Prior to 1982 a higher of adj usted net income or variable percentage rule was in force. From 1982 on a constant 5% rule was mandated. SusTAINABLE PAYOUT FOR FouNDATIONs Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials102.jpg �Exhibit 2 REAL SPENDING SIMULATION 65% U.S. I 35% U.S. FIXED INCOME SPEND V ARlOUS % 'sOFA FOUR-QUARTER AVERAGE BEGINNING MARKET VALUE (Calendar Years 1969-02) Real Spending $7.00 '\ Spend 7% $6.00 $5.37 $5.00 . $4.87 $4.2 1 $4.00 $3.52 $3.00 $2.00 Spend 4% $1.00 $0.00 Rea l Fund Marke t Values After Spending $180.00 $160.00 $140.00 $120.00 $ 116.28 $100.00 $80.00 $82.96 $60.00 $58.83 $40.00 $41.46 $20.00 $0.00 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 · · · · · · Spend 7% - - - Spend6% - ··-Spend 5% - - -Spend4% Assumptions: - Begin with $100 million on January I, 1969. -Constant asset allocation of65% U.S. stocks and 35% U.S. fixed income rebalanced to target policy each year. - Performance is based on annual market index data. A STUDY COMMISSIONED BY THE COUNC IL OF M ICH IGAN FOUNDATIONS 06.10.04 Board Materials103.jpg 9 �Exhibit 3 REAL SPENDING SIMULATION 65% U.S. STOCK I 35% U.S. FIXED INCOME VARIABLE VERSUS CONSTANT SPENDING RATES IN BEAR MARKET (Calendar Years 1969-02) Real Spending - BEAR MARKET - $7.00 BEAR MARKET BULL MARKET - $6.00 $5.00 $4.87 $4.00 $4.04 $3.00 $2.00 $ 1.00 $0.00 Real Fund Market Values After Spending BEAR MARKET $140.00 - BEAR MARKET BULL MARKET - $120.00 $100.00 $80.00 ' $69.29 $60.00 Fund B $40.00 $20.00 $0.00 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ * ~ ~ ~ ~ ~ ~ ~ ~ ~ I· · · · · · Fund B - - -Fund A I Assumptions: -Fund A: Spend 5% of a 4 quarter average beginning market value each year. -Fund B: Spend 5% in 1969, 5.5% in 1970, 6% in 197 1, 6.5% in 1972, 7% from 1973 through 1975, 6.5% in 1976, 6% in 1977, 5% from 1978 to 1996, 5.5% in 1997, 6% in 1998, 6.5% in 1999, 7% in 2000, 6% in 200 1 and 5% in 2002. All annual spending is of a 4 quarter average beginning market value. -Begin with $100 million on January I, 1969. -Constant asset allocation of 65% U.S. stocks and 35% U.S. fixed income rebalanced to target policy each year. - Performance is based on annual market index data. }0 SUSTAINABLE PAYOUT FOR FOUNDATIONS Copyriglu ·C! 200-l h~ Cruubridge .l\.'i:o>Oei.1t~. Inc. i\11 rigl1ts. ('C:)t"f'\•ed . 06.10.04 Board Materials104.jpg � 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_2004_BB_2004-06-10_Sustainable-Payout-for-Foundations Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book sustainable payout for foundations 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 2004-06-10 board book sustainable payout for foundations. 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, 50563 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/62aba431f1427f55e52483818a0baf1a.pdf fa814ec5cb303d3dc9b831ec73107b60 PDF Text Text Ci'AF Council of Michigan Foundations Serving grnntmakers. Advancing giving. TAB6 June 1, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Dave Egner, Susan Broman and Karla Hall, Co-Chairs Public Policy Committee and Vicki Rosenberg, COO Re: Public Policy Committee Report At the Board Dinner on June 9 you will have the opportunity to meet Julie Ford who will begin on July I as our second Public Policy F ellow . Julie cannot attend the Board Meeting on June 10 due to a fami ly obligation, but her resume is enclosed. We are excited about having her join the team, but we also have bittersweet feelings in wishing Brian Flahaven well in his next endeavor, wh ich we hope will still be in the nonprofit sector. With the unanimous support of the Pu blic Policy Committee, the following resolution is presented for your consideration and action. RESOLVED that the Board of Trustees of the Council of Michigan Foundations extends our appreciation to Brian Flahaven for your many contributions to CMF, our Public Policy Committee and the promotion of a strong nonprofit sector in Michigan through service as the first Public Policy Fellow for CMF, and we wish you continued success in your career endeavors of service and leadership. Brian's year of service with CMF ends on June 30. Once again, we offer our appreciation to the W.K. Kellogg Foundation and CMF's Ratmy Riecker Fund for providing the funding for this valuable position - the only position of its type with a regional association of grantmakers. As indicated below, the last five months have been exceptionally active for the Public Policy Committee. The range, pace, and quallty of accomplishments would not have been possible w ithout Brian's contagious enthusiasm, leadership and unabashed promotion of public policy. Summary of Committee Activities Early Matters zero to five Early Matters: An Early C hildhood Forum for Grantmakers & Policy Makers Early Matters is a partnership of the Public Policy Committee, Office of the Foundation Liaison, and the Family Foundations Ready by Five Study Group. A Steering Committee �Public Policy Report June 2004 Page 2 chaired by Susan Broman, Steelcase Foundation; John Colina, Colina Foundation; and Carol Paine-McGovern, Paine Family Foundation is leading this on-going initiative. The first Early Matters activity was an all day forum for grantmakers and policy makers held April 22, 2004 Forum in Lansing. Its goals were to: (a) build awareness/knowledge among public and private sector stakeholders; (b) bring new voices/visions to the discussion; and (c) encourage community-based action, new public-private partnerships, and system change. The Forum signaled an expanded role for the Committee- a facilitator of coordinated and aligned multi-sector work around specific issues. Over 60 foundation representatives, 25 state department staff (FIA, DCA, DOE, etc.), 15 service providers, and staff from the Republican and Democratic policy offices participated in the Forum. Participants were seated in mixed groups by region where they engaged in structured, facilitated dialogue and produced action plans. Evaluation results showed very high levels of satisfaction with the event, with particular emphasis on excellent plenary speakers and the mixed-group discussions. Speakers included: Gov. Granholm; Marianne Udow, Director, FIA; Joan Lombardi, Director, The Children's Project; and Joan Firestone, Early Childhood Director, Oakland Schools. Their remarks were captured on digital video for future dissemination and will be summarized in a post-event brochure and on the CMF website. The Forum was fully underwritten making it possible for state department and legislative staff and legislators to attend free of charge. The Committee thanks the following CMF members for their support: Colina Foundation, Cook Family Foundation, Fremont Area Community Foundation, Paine Family Foundation, Skillman Foundation, Steelcase Foundation, and Whirlpool Foundation. The Forum agenda, list of sponsors and Steering Committee members, and a May 6, 2004 CMF News Wire article on the event are attached for your information. Early Childhood Survey The Committee's work on Early Matters leveraged a contract from the W.K. Kellogg Foundation to conduct in-depth telephone surveys of over 100 Michigan foundations that fund early childhood issues. A report is due in July. The survey instrument was developed with input from an Advisory Committee comprised of Susan Broman, John Colina, Carol Goss, and Marvin McKinney. A team of graduate students and Brian Flahaven conducted the calls under the supervision of lead researcher Susan Miller. Aging Briefing, March 25, 2004 Sharon Gire, Director, Office of Services to the Aging, spoke to 25 foundation representatives about the implications of Michigan's aging population on policy related to land use, workforce development, and other issues at a March 25 Briefing in Lansing. The Briefing was designed in partnership with CMF members Glenn Kossick, Metro Health Foundation and Tim Wintermute, Hannan Foundation. A panel of funders �Public Policy Report June 2004 Page 3 presented their perspectives on this issue. A post-event recap and materials will be available in the Working with Govemment section of www.cmif.org. Working with Government Section of www.cmif.org The Public Policy section of the Working with Government area ofwww.cmif.org is updated regularly with news stories, public-private partnerships involving CMF members, and other important news about the Committee's six focu s issues. We invite all trustees to browse this excellent resource for grantmakers, legislators, and others. CMF Coverage of Early Childhood and other public policy priorities Toward achieving its goal of educating CMF members and increasing their awareness of the importance of public policy engagement and about the Committees, six focus issues, CMF published several articles in its print and electronic newsletters and on its website. These include: Memo to Members (April 2004) ~ Special Profile on Pat Babcock ~ Full page article on Early Matters ~ Full page article on the Foundation Liaison ~ Short article on the Early Childhood Survey Michigan Grantmaking Scene (Winter 2004) .~ Full page update on Foundation Liaison's role ~ Brief article on the Working with Government website ~ Article on K-12 Reform ~ Article on Governor Granholm's plenary session at 2003 Annual Conference with focus on Land Use and Early Childhood CMF News Wire (Spring 2004) ~ "Michigan IDA Partnership Update" (3.23.04) ~ "Foundations Increase Support for Health Policy Activities (3 .30.04) ~ "Foundations and State Policymakers Forge New Alliances in Early Childhood" (5 .6.04) E-Bulletin for State Policymakers In June 2004, CMF will launch its £-Bulletin for State Policymakers informed by focus groups and interviews Brian Flahaven conducted in early spring. Goals are to: inform elected officials about public policy issues from the foundation sector's perspective; and increase their awareness about the work of Michigan grantmakers and of CMF as a valuable information resource about that work. Public Policy Handbook In time for the 32nct Annual Conference, the Public Policy Committee will publish a grantmakers guide that covers the why, what, and how of advocacy work. The guide will include a case study of the W.K. Kellogg Foundation's advocacy work and several vignettes about the work of other CMF members. �Public Policy Report June 2004 Page 4 ATTACHMENT ONE 2004-2005 PUBLIC POLICY FELLOWSIDP - JOB DESCRIPTION Posit ion: R eports to: Public Policy & Philanthropy Fellow Vice President & COO Location: Grand Haven, Ml Date: February 2004 Position S ummar y Provide support to the Council of Michigan Foundations' (CMF) Public Policy Committee (PPC) including external relations, policy research and analysis, program development, writing, web content development and maintenance, participating in CMF staff meetings, annual strategic planning discussions and Board meetings. Specific Job Duties and R esponsibilities • • • • • • • Staff PPC. Write and disseminate monthly e-newsletter for legislators and state officials. Track and analyze legislation, new research, and member activity on six PPC issues (see Attachment One). Write reports, articles and material for the CMF website on six PPC issues. Expand Working with Government section ofCM F website. Contribute to: o CMF annual strategic planning process. o Design of public policy briefings and annual forum , annual conference sessions, educational workshops and other programs o CMF communications strategy. Prepare case studies on the policies and practices of three CMF member foundations for use in campaign to educate CMr members about the benefits of public policy engagement. • • • Attend PPC sponsored events, CMF Annual Conference, annual visit to Washington to meet with the Michigan delegation on legislative issues, state sponsored meetings, conferences, and other events. Attend meetings and make s ite visits to learn about one CMF public-private partnership such as the Michigan IDA Partnership. Attend CMF staff and Board meetings and other events of interest. Minimal Qualifications for the Position Successful candidate must be a spring 2004 graduate of the Gerald R. Ford School of Public Policy at the University of Michigan or of the Program in Public Policy at Michigan State University and have a serious interest in the non-profit and philanthropic sectors. The successful candidate must be: • A quick learner. • Comfortable serving i.n an external relations role. • Able to work well with others and have a good sense of humor. • Proficient in writing, research, analysis, a nd project management. • Able to meet deadlines. • A self starter and able to take initiative. �Public Policy Report June 2004 Page 5 ATTACHMENT TWO J ulie Lynn Ford Resume EXPE RIEN CE Aug 2002-present Institute for Public Policy and Social Research E . Lansing, Ml Graduate A ssistant under CarolS. Weissert and Douglas B. Roberts Work to link Michigan policymakers with the knowledge and research of the faculty and institutes of Michigan State University through educational public policy forums; produce IPPSR publications; help to train present and future political leaders and policymakers; and through IPPSR was commissioned tO research and write a report on the history of land use planning and policymaking in the state of Michigan for the Urban Research Interest Group at Michigan State University. Aug 2000-Dec 2000 Greer, Margolis, Mitchell, Burns & Associates Washington, DC Mentorship Jvith Dat;id E. Mitchell, partner at GMMB&A Worked in all areas of the public relations firm including the Fit for a Kid campaign, acting as a lia.ison behveen the DaimlerChrysler corporation and government officials; Onvia.com, putting rogether press lists for the dient and researching appropriate associations; and assistant tO Susan DiLiddo, working on various Gubernatorial, SenatOrial, and Representative 2000 political campaigns and making verification packets for television advertisements. E DUCATION Aug 1998-l'vfay 2002 Michigan State University E. Lansing, MI B.A., Public Administratio n and Public Policy with Ho nors, 3.52/ 4.0 GPA Aug 2002-May 2004 Michigan State Universit)' M .P.A., Public Administration and Public Po licy, 3.94/4.0 GPA E . Lansing, MI SKILLS AND ABILITIES • • • Excellent written and verbal communication skills D etail oriented and well organized which facilitates the ability tO work on several projects simultaneously and consistently meet deadlines Self starter willing to take initiative to start new projects or improve existing ones Skilled in Word, Excel, Power Point, Access, P ageMaker and other office programs Adept in statistical data analysis using programs such as SPSS and Stata ACHIEVEMENTS D ean's Hono r List at Michigan State University, Spring 1999, Spring 2000, Fall 2000, Spring 2001 , Fall 2002, Spring 2003, Fall 2003, and Spring 2004 Greek Excellence Award for a 4.0 outstanding grade point average, 2000 Granted semester study abroad experience at the University of New South \Xfales in Sydney, Australia, comparing the judicial and political systems of Australia and the United States, Spring 2000 Granted semester study program in WashingtOn, D.C., Fall 2000 �Public Policy Report June 2004 Page 6 EARLY MATTERS AGENDA & STEERING COMMITTEE Thursday, A pril22, 2004 8:30 am- 3:30 pm Radisson Hotel, Lansing Agenda 8:30am R egist ration & Networking 9:00am W elcome & Introduction Susan Broman, Executive Director, Steelcase Foundation 9:10am Highlights of Early Childhood Wor k in Michigan Jean Chabut, Chief Administrative Officer, Michigan Department of Community Health Marvin McKinney, Program D irector, W.K. Kellogg Foundation 9:30 am What W e Know About Ear ly Childhood Development Joan Firestone, Early Childhood Director, Oakland Schools Introduced by Carol Paine-McGovern, President, Paine Family Foundation l 0:00am Roundtable # I - The Research Vicki Rosenberg, Vice President & COO, Council of Michigan Foundations 10:15 am R emarks by the Honorable Jennifer M. G r anholm, Governor, State of Michigan Introduced by John Colina, President, Colina Foundation 10:45 am Break 11 :00 am Building a Strong Future for M ichigan's Kids Marianne Udow, Director, Family Independence Agency Introduced by Elizabeth Cherin, P resident/CEO, Fremont Area Community I Foundation ll :45 am Roundtable #2 & Lunch - Your E arly C hildhood Initiat ives Barbara Hall, Executive Director, Whirlpool Foundation 1:00pm Best Practices in Early C hildhood Policies a nd P rograms: A National Perspective & R eaction Joan Lombardi, Director, The Children's Project Introduced by Carol Goss, Vice President, Program, The Skillman Foundation 2:15pm Roundtable #3 - Taking Action Christian Velasquez, Trustee, Midland Area Community Foundation 2:45pm Roundtable Reports Thomas Cook, Executive Director, Cook Family Foundation �Public Policy Report June 2004 Page 7 EARLY MATTE RS Agenda cont. 3:15pm Remarks by Legislative Childre n's Caucus Co-Chairs Senator Patricia Birkholz Representative Michael Murphy Introduced by Karen Aldridge-Eason, Foundation Liaison, Office of the Governor 3 :25pm R emarks by Michigan Business Leaders for E ducation Excellence (M BLEE) James Sandy, Executive Director, MBLEE Jay Van Den Berg, Whirlpool Corporation 3:30pm Closing Comments Susan Broman, Executive Director, Steelcase Foundation �Public Policy Report June 2004 Page 8 Early Matters Sponsors Colina Foundation Cook Family Foundation Fremont Area Community Foundation The Joyce Foundation Michigan Business Leaders for Education Excellence Midland Area Community Foundation Paine Family Foundation The Skillman Foundation Steelcase Foundation Whirlpool Foundation Early Matters Steering Committee (CMF Public Policy Committee members appear in bold) Susan Broman, Executive Director, Steelcase Foundation (co-chair) John Colina, President, Colina Foundation (co-chair) Carol Paine-McGovern, President, Paine Family Foundation (co-chair) Dave Campbell, President, McGregor Fund Elizabeth Cherin, President/CEO, Fremont Area Community Foundation Thomas Cook, Executive Director, Cook Family Foundation Carol Goss, Vice President, Program, T he Skillman Foundation Barbara Hall, Executive Director, Whirlpool Foundation Marvin McKinney, Program Director, W.K. Kellogg Foundation Doug Paterson, Director of Family, Maternal, & Child Health, MDCH James Sandy, Executive Director, Michigan Business Leaders for Education Excellence Christian Velasquez, Trustee, Midland Area Community Foundation Amanda Price, Legislative Aide, Office of State Senator Patricia Birkholz �Public Policy Report June 2004 Page 9 CMFNEWS ARTICLE ON EARLY MATTERS Foundations And State Policymakers Forge New Strategic Alliances Mike Gallagher CMF Correspondent Foundation leaders and state policy officials took their first steps together in what promises to be a longterm strategy to find innovative and collaborative ways to support children and families throughout Michigan. The genesis of this new strategic alliance was the growing need by grantmakers and state officials to find better ways to protect, educate and advocate for Michigan children in a time of dwindling state resources. An April 22 event entitled: " Early Matters: Early Childhood Forum for Grantmakers and Policymakers" drew scores of fow1dation trustees and executives, public policy analysts, state department directors, legislators and Michigan's governor seeking to form coordinated collaborations on early childhood initiatives. A year in the making, the forum was developed with input from the business community, funders, legislators and state policy analysts and designed to provide these key stakeholders with an up-to-the-minute knowledge of what is happening in the areas of research, best practices and policy. The pairing of the public policy/philanthropic communities to address a single, imp01tant issue of statewide significance was the brainchild of the Council of Michigan Foundations (CMF) which sponsored the forum in Lansing along with the Office of the Foundation Liaison and the Legislative Children's Caucus. Most imp01tantly, this successful melding of public/private interests, ideas and resources is expected to be the catalyst to align ftmders and state policymakers on many other issues of mutual concern to ensure maximum impact with limited dollars, according to Michigan Gov. Jennifer Granholm. "The success of this initial joint effort by foundations and the state on issues of importance to both of us will spur more strategic collaborations and partnerships and the beneficiaries of these efforts will be all Michigan citizens, said Granholm. Forum Co-Chair Susan Broman, executive director of the Steelcase Foundation, was excited about the potential that emerged out of discussions held at the fomm. "An understanding was developed that both grantmakers and the state can bring something different and important to the table and that together we can form a terrific strategic alliance,'' said Broman. "Many great ideas were shared by both sides on how best to address early childhood development needs. Communication is the key and this hopefully is just the first of many state issues we will work on together." One initiative already credited to the new, ongoing dialogue between funders and state officials was announced at the forum by Marianne Udow, director of the state's Family Independence Agency. "We have created a Children's Cabinet within the administration where directors from all those agencies that touch in any way on a child's life get together and discuss what they are doing, look at new stTategies and make sure we are all working together," said Udow. "This is a lesson we have learned from foundations, how to maximize our impact through coordinated efforts and make best use of what resources we have," she added. Forum Co-chair John Colina, president of the Colina Foundation, challenged grantmakers and state policy expe1ts to continue to "break down the waUs between us" for the good of Michigan citizens. "This was a tremendous oppo1tunity to interact with the people responsible for setting state policy in these areas and to see where we as grantmakers can become involved and have the most impact," said Colina. The likelihood of success not only on new, early childhood development programs, but other equally important social needs such as health care, has been greatly enhanced in Michigan thanks to this emerging partnership between funders and state officials, said Joan Lombardi, Senior Policy Fellow at the National Institute for Early Education Research and one of tbe key note speakers at the event. "Both sides are now coming together to work toward positive, systemic change and that is when success is most likely,'' said Lombardi. " I believe this new model ofpartnering developed by CMF will set the standard that other states and their funders must emulate." Carol Goss, fomm co-chair and vice president/programs at The Skillman Foundation, agrees. "Having the opportunity to sit down with state policymakers and try to develop and discuss new ways to address these issues which are of importance to all of us, is a tremendous step fonvard," said Goss. "This is certainly the start of a great collaborative effort." �Public Policy Report June 2004 Page 10 One of the strategies used at the fonun was having policymakers and grantmakers meet in small groups separated by regions to promote dialogue on what can be done collaboratively at the local level, said David Farley, executive director of the Albion Commw1ity Foundation. "Every city and region has different needs and goals," said Farley. 'This discussion format allowed us to talk about how we can better utilize our resources locally and what impact state decisions are having on us. This type of strategizing can be done this way on any state issue where we have a common interest. [t really works." State Senator Patty Birkholz and Representative Michael Murphy applauded the work Michigan foundations have undertaken to help children in need and also for forging new relationships with state policymakers. "The work you are doing is so vitally important," said Birkholz. " Unfortunately the state at this time is not in a position to provide the financial resources needed to address all these concerns, but with the creation of these strategic collaborations between the public and private sectors we can accomplish much." Murphy echoed those sentiments, adding, "CMF's efforts in engaging its members to work with the state in the public policy process is a tremendous move forward for all of us. This collaboration brings together the best from both sides." For more infonnation about early childhood issues and foundation/state initiatives, check CMF's website at: www.cmif.org. lnforn1ation about the Forum and early childhood issues is available in the Working with Government section of the CMF website at www.cmif.org. CMF also will be producing a brochure in July highlighting best practices, suggestions and lessons learned from its Early Matters forum. A copy can be obtained by calling CMF at: (6 16) 842-7080. � 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_2004_BB_2004-06-10_Public-Policy Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50562 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/a037051a60313efb2994c746aa803939.pdf 2ad1d9f04eb477936833230422cfd865 PDF Text Text Board of Trustees Meeting Minutes Tuesday, March 2, 2004 University Club, Lansing The Meeting of the Board ofTrustees of the Council of Michigan Foundations (CMF) was held at the University Club in Lansing on Tuesday, March 2, 2004 pursuant to written notice duly given. The meeting was called to order at 10:15 a.m. by S. Martin Taylor, Chair. Mr. Taylor welcomed new Trustees David Sebastian and David Page and self-introductions were made. Trustees and Officers present in addition to Mr. Diana R. Sieger Kari Schlachtenhaufen Lloyd J. Yeo David Campbell Robert S. Collier Elizabeth A. Cherin Herbert D. Doan David 0. Egner Rev. J. Louis Felton Taylor: Russell Gabier David K. Page Phillip H. Peters David Sebastian Gerald K. Smith Elizabeth C. Sullivan Margaret (Peg) Thompson Sandra E. Ulsh Special Guest: Karen Aldridge Eason, Governor's Foundation Liaison CMF Staff: Vicki Rosenberg, Vice President & COO David Lindberg, Vice President, Finance & Administration Kathryn Agard, Executive Director, Learning to Give Jeri Fischer, Director, Membership & Special Projects Brian Flahaven, Public Policy Fellow Susan Cuddington, Executive Assistant to the President Approval of Minutes The minutes of the November 10, 2003 Board of Trustees Meeting and the January 29, 2004 Executive Committee were presented for approval. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the minutes of the Board of Trustees Meeting of November 10, 2003 and the minutes ofthe January 29, 2004 Executive Committee Meeting be approved as presented. �Board ofTntstees Meeting Minutes - March 2, 2004 Page 2 Treasurer's Report Treasurer Lloyd Yeo reviewed the December 31, 2003 Financial Report and introduced Dave Lindberg, Vice President for Finance and Administration, who reviewed the Consolidated Balance Sheet and Statement of Activities. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the December 31, 2003, Financial Report, as recommended by the CMF Audit & Finance Committee, be approved. Investment Committee Ted Doan presented the Investment Report for the period ending December 31, 2003 and noted that CMF has performed above the Lipper benchmarks. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the December 31, 2003, Investment Report, be approved, as reviewed and recommended by the Investment Committee. Plan of Work Rob Collier introduced the main priorities of the FY-04 Plan of Work: Member Retention, Membership Recruitment, Accountability as a Theme of Educational Opportunities, a Helpful Regulatory Enviromnent for Philanthropy, and Strengthening our Internal Infrastructure. He noted two changes being recommended to the metrics in the 2002 Strategic Plan : Arlvocate - to connect 40% of the membership with state public officials; Increase- to annually assist 50 individuals, corporations or advisors in their consideration of the creation of new foundations, corporate giving programs or funds at community foundations. He also noted that staff is developing an alternative metric for the Promotion Goal that ties more to the contacts CMF has with the media in promoting philanthropy. Using a PowerPoint presentation - a copy o.f which is attached to these minutes - Vicki Rosenberg reviewed the results of the biennial Member Survey as required in the strategic plan. Ms. Rosenberg was pleased that 37 % of members responded to the survey, nearly twice the national average for satisfaction surveys. Over 98% rated their CMF membership as excellent or satisfactory and over 80% participated in and found CMF education and networking programs excellent or satisfactory. The sample documents on the CMF website were rated one of the most valuable member services. Survey results also support activities in the FY04 Plan of Work including to increase web-based education programs, enhance legal services, and increase awareness of member benefits. Continuing with a PowerPoint presentation, Ms. Rosenberg highlighted Fiscal Year 2003 Accomplishments in the CMF purpose areas as follows: Advocate: Lobbying for refinements to and passage of the H.R.7 CARE Act and the creation of the Nonprofit Advisory Council to the State Attorney General. �Board ofTntstees Meeting Minutes - March 2, 2004 Page 3 Educate: The Boston College workshop series for Corporate Grantmakers, Community Foundation Capacity Building and adding over 400 Sample Documents to the CMF website. Increase: Meeting with over 40 individuals, families or corporations interested in exploring their charitable giving options. Lead: Creation of the Office of the Foundation Liaison in Governor Granholm's cabinet, introduction of the CMF Fellowship in Public Policy & Philanthropy, expansion of Learning to Give into Indiana schools, and leveraging over $11 million in new mortgages by 236 Michigan IDA Partnership participants. Networking: Conversations Workshops to build greater understanding between grantmakers and grantseekers, The Grantmaker/Grantseeker Conference, and Family Foundation coffees in Flint and Grand Rapids on early childhood development. Promote: Redesigning the Communications funding including hiring an Editorial Consultant to write CMF news stories, dissemination of the Land Use Leadership Council report and op-ed piece. Membership: 13 new members, approval of CMF "Guiding Principles" as a condition of membership, and start-up of the diversity initiative through the May 2003 Leadership Conunittee for Diversity and Inclusion retreat. Governance & Operations: Increased revenue generation from a new A1mual Conference sponsorship program, and a new interstate Family Foundation newsletter coproduced with the Ohio Grantmakers Forum, feedback of Board Governance from Sandy Hughes of Board Source at the June 2003 Board Meeting, and completion of Phase One of the three-year CMF Technology Plan. Ms. Rosenberg summarized highlights of the proposed FY04 Plan of Work as noted in the attached copy of the power point presentation. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Plan of Work for 2004-05, as recommended by the Executive Committee, be approved. Budget Treasurer Lloyd Yeo indicated that, while there are no problems with the proposed budget for 2004-05, CMF will be facing a few uncertainties in funding in 2006. Mr. Lindberg noted the projected 2004 annual conference numbers are higher based on the location of that conference, while the decrease in professional & contracted services is due to the change in auditing firms. Mr. Lindberg explained the purpose of each endowment fund and noted CMF is not anticipating any Tobacco Settlement income this year. Upon motion duly made, supported! and unanimously approved, it was RESOLVED that the 2004-05 Budget, as recommended by the CMF Executive and Audit & Finance Committee, be approved. �Board ofTntstees Meeting Minutes - March 2, 2004 Page 4 Membership Rob Collier noted that three new members ar,e being recommended for approval for membership. He reviewed the renewal invoice and noted the inclusion of the new signature line for members agreeing to subscribe to the "Guiding Principles". Chair Taylor explained the Suggestions on Effective Practices are ideas to help members develop ways to implement the "Guiding Principles" vs. implementation requirements. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the following three foundations be approved for membership. The Herbert and Junia Doan Foundation, Midland Herbert D. Doan, President Kmart Corporation, Troy (rejoin) Wendy Kemp-Watkins, Community Relations & Store Operations Communications Specialist Porter Foundation, Saginaw (rejoin) Sarah Jury, Treasurer Government R elations Rob Collier noted the last year covered by the Cambridge Associates Payout Study was 1997 which validated the 5% payout rate. A five year update for 1998-2002 is being recommended. The Mott Foundation has indicated a will ingness to fund the update which Cambridge Associates will complete in April 2004. Upon motion duly made, supported and unanimously approved, it was RESOLVED that C ambridge Associates be retained to update the Payout Study for the years 1998-2002. Mr. Collier and other participants recapped the recent Foundations on the Hill Visit. Despite several logistical challenges, it was a successful event. Mr. Collier noted the CARE Act is on hold in the Senate, and it is likely that there may be Congressional hearings held by the Senate Finance Committee either this spring or in 2005. L earning to Give (LTG ) Executive Director Kathy Agard highlighted progress on LTG' s five goals since the November 2003 Board Meeting. LTG is developing a plan for seeking corporate underwriting, an on-line continuing education program for teachers, and a joint venture in service-learning with the National Council for Community & Justice initiated by Trustee Campbell. In addition, 18 teachers are enrolled in the Masters in Philanthropy program, the first of whom will graduate this spring. Foundation Liaison Update Dave Egner, Chair of the Foundation Liaison Advisory Committee, introduced Karen Aldridge-Eason, Foundation Liaison in Governor Granholm's cabinet. Karen updated Trustees on highlights of her first year (ending March 31, 2004). The partnership is �Board ofTntstees Meeting Minutes - March 2, 2004 Page 5 working and orientation sessions with all Cabinet members and state department offices have been completed. A Workforce Development initiative is proceeding with support from the C. S. Mott Foundation. In December, foundations met with the Governor to discuss early childhood initiatives-- Skillman Foundation support was noted. Due to the strain of state budget cuts on many departments, managing state department staffs expectations has been a challenge. Early Matters: An Early Childhood Forum for Grantmakers & Policymakers will take place April22 in Lansing through Karen's office, the CMF Public Policy Committee, Ready by Five Family Foundations Group and the Legislative Children' s Caucus. Foundations, state department staff and legislators have been invited. The Land Use Funders have selected two initiatives from the Land Use Leadership Council's report to implement thi s year: the fast track land banking and joint planning. Ms. Aldridge-Eason and Rob Collier presented a request by Marianne Udow, Director of the Family Independence Agency, for CMF to serve as fiscal agent for a child care initiative with the Joyce Foundation of Chicago that will focus on licensing regulations and program standards for child care, profess ional development for child care workers, and community partnerships. The planning grant proposal to Joyce w ill be submitted in partnership with Michigan's Children. Due to the relationship of this initiative to the Governor's Project Great Start, CMF recommends accepting this role with an appropriate administrative fee per its overhead policy. The Board recommended that CMF's written response state that it will not engage in any fundraising in its role as fiscal agent. RESOLVED that the Council of Michigan Foundations (CMF) serve as fiscal agent for a planning grant and subsequent three-year child care initiative with the Joyce Foundation of Chicago considered part of the Governor's Great Start Initiative. Principles & Practices Task Force Chair Taylor noted asking Trustee David Egner to reconvene the Principles and Practices Task Force to recommend a policy on how CMF should respond to cases of self-dealing, conflict of interest or alleged misconduct by foundations for review at the June Board meeting. President's Report Rob Collier congratulated Trustee Dave Campbell, who w ill be elected to the Council on Foundations Board of Trustees in April. Mr. Collier noted that he and Susan Howbert will join Trustee Julie Cummings in hosting a Family Philanthropy Field Trip in Palm Beach March 9 and 10 with eight family foundations from Michigan and eight from Florida. David Lawrence, forn1er publisher of the Detroit Free Press, w ill lead an afternoon discussion on early childhood initiatives. Mr. Collier introduced CMF Public Policy Fellow Brian Flahaven who announced the three Public Policy Briefings scheduled for this spring: Sharon Gire, Director of the Office of Aging on March 25, the Early Childhood Forum on April22 and Patricia Caruso, Director ofthe Michigan Department of Corrections on May 19. �Board ofTntstees Meeting Minutes - March 2, 2004 Page 6 Mr. Collier introduced Jeri Fischer, Director, Membership & Special Projects, who presented an overview of the new Sharepoint Website, designed to facilitate and support the work ofCMF's many committees and task forces. Ms. Fischer noted that the Board of Trustees web space is operational. It has Boar d materials, meeting schedule, minutes and other materials. Trustees received their passwords. An orientation will be provided to Trustees and/or their assistants during an April conference call. Other Chair Taylor recognized Trustee Kari Schlachtenhaufen for her many contributions to increase, improve, and enhance philanthropy in Michigan during her 18 year involvement with CMF. He noted that this is her last Board Meeting as she will be leaving The Skillman Foundation next month and added that her ninth and final year of service on the CMF Board would have ended in fall 2004. BE IT RESOLVED that Board of Trustees of the Council of Michigan Foundations extends our appreciation to Kari Schlachtenhaufen, President & CEO of The Skillman Foundation, for service as a member of the Board of Trustees of the Council of Michigan Foundations from 1995 through March 2004 and as Secretary of the Board from September 2002 through March 2004, for hosting CMF's Southeast Michigan office in its initial years, for representing CMF as a Trustee to the Forum of Regional Associations of Grantmakers- our national organization, for being Co-Chair of the Program Committee of the 2002 Annual Conference on Mackinac Island, and participating on numerous task forces including the Principles and Practices Task Force of 2003, for leadership activities such as the creation of City Connect Detroit, and we offer our best wishes in her continued philanthropic activities and career endeavors. Adjournment The next regularly scheduled meeting of the Board of Trustees w ill take place Thursday, June 10, 2004 at the W.K. Kellogg Foundation in Battle Creek. There being no further business to come before the Board, Chair Taylor adjourned the meeting at 2:00p.m. S. Martin Taylor, Chair Robert S. Collier, President 1:\Scuddinf,>ton\Board ofTrustees\Minutes 2004\Fina1March2-2004Minutes.doc � 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_2004_BB_2004-06-10_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50561 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/ebf369540c5f507bfbec92c6ba1a4531.pdf c1a5b970efe700ae63f6778c755fa4e9 PDF Text Text CMF Council of M ichigan Foundations Serving grantmakers. Advancing giving. TAB12 June 1, 2004 Memo to: S. Martin Taylor, Chair and Members ofthe Board of Trustees From: Rob Collier, President Re: President's Report It has been an active spring since the March 2 Board Meeting in Lansing. Please let me know if you would like additional infommtion on the items summarized below. Board and Staff News We are delighted to confinn that Dave Campbell, CMF Trustee and President of the McGregor Fund, was elected to the Board of the Council on Foundations at the Annual Meeting in Toronto. He joins Libby Maynard as our two Michigan representatives. Vicki Rosenberg has become a new Tmstee ofMichigan' s Children after Donnell Mersereau was term limited. Two staff- Joan Foran, accounts payable clerk in Grand Haven, and Karen Middleton, Program Associate in Detroit have left our employment. We are grateful to Barb Dryer and Laura Hutchison who have stepped in to do Joan ' s duties for the summer while we revaluate this position. Susan Howbert is working on a job description for a part-time Program Associate to replace Karen and we are pleased that Joe Jones has been able to assume all of the registration duties for events handled by Susan in the Detroit office. As noted in the Public Policy report, Brian Flahaven will be ending his Fellowship year with CMF at the end of June, and Julie Ford starts as Public Policy Fellow on July l. Her resume is attached under Tab 6. We are also pleased to welcome Danielle Williams as the 2004 Mawby Intern. Danielle is a senior at the University of Michigan, and a former member of the Grand Rapids Community Foundation Youth Advisory Council and the MCFYP Committee. Her major responsibility will be coordinating the 2004 Youth Grantmakers Summer Leadership Conference. Conferences and Meetings March 3- 5 - Heart of the Philanthropist Series- Fetzer Institute The fourth in a series of six sessions was completed. March 9 - Detroit Area Grantmakers Nearly seventy grantmakers gathered to learn about the growing health care crisis in Detroit and Wayne County. Janet Olszewski, Director of the Michigan Department of Community Health and Chair of the Detroit Wayne County Health Authority Development Committee, and Gail Warden, retired CEO of Henry Ford Health System and staff of Detroit Wayne County Health Authority Development Committee, gave an update on the most prornising strategies to strengthen the healthcare safety net for the uninsured and Medicaid population. 06.10.04 Board Materials85.jpg �President's Report June 2004 Page 2 March 9- 10 - Family Philanthropy Study Trip - Palm Beach (See Family Philanthropy Report) March 9, 23, April20- Building Foundation Series- Conference Calls The fmal two interactive sessions focused on increasing and highlighting the impact of grantmaking and catalyst activities, from assessing community needs and opportunities, to creating and executing strategies, to communicating the results of community foundation efforts. The last session, geared toward community foundation board members, convened an impressive 99 participants. March 11- 12- Community Foundations Program Officers Retreat- Petoskey Thirty-seven brave souls endured the last snow storm of the season for this annual interactive session that featured site visits to projects in Petoskey as well as a discussion with Representative Scott Shackleton on the state budget. March 25 - Public Policy Briefing on Aging - Lansing More than 25 members participated in this Briefing with Sharon Gire, Director of the Office of Aging and Carol Farquhar, Director ofGrantmakers in Aging - the national affinity group. March 29 & April 1 - FIMS Training for Community Foundations- Conference Calls Training was held for community foundations on changes in the FIMS software for the collection, storage and retrieval of community foundation data to better analyze trends in growth, donors and grants- a project of the Database Task Force. April 13 - Detroit Area Grantmakers Over sixty grantrnakers from the Detroit area heard Diana Aviv, President and CEO, Independent Sector, discuss Washington's "hot" political environment for philanthropy and the nonprofit sector. Thanks to The Kresge Foundation for making the arrangements for Ms. Aviv. April 15- Alternative Investments- Conference Call More than 60 members participated in this 90 minutes interactive call featuring presenters from IPEX and the Commonfund. April19 & May 18- Conversations Workshop in Southeast Michigan - Detroit & Oak Park Twenty foundations and corporate giving programs were represented at the 5111 Annual 2004 Conversations workshops held on April 19 at the Detroit Historical Museum and May 18 at the Jewish Community Center in Oak Park. More than 200 nonprofit representatives participated in the workshops which are designed to encourage dialogue between foundation representatives and grantseekers, demystify the grantmaking process, and provide clarification about the different types of foundations and giving programs. Participants found helpful the special presentations by Steve Hom, COO, Detroit Zoological Society, Geneva Williams, President & CEO, City Cotmect Detroit, and Diane VanBuren Jones, Program Director, Nonprofit Facilities Center. CMF is greatly appreciative of The Jewish Fund 's support of this program for the fourth year, and to Laura Trudeau, Program Officer, The Kresge Foundation, who chaired the planning committee and moderated the workshops for the second year. 06.10.04 Board Materials86.jpg �President's Report June 2004 Page 3 April 22 - Early Matters: An Early Childhood Forum - Lansing (See Public Policy Committee Report) April27 - Michigan Evening, COF Annual Conference- Toronto Forty members participated in this annual networking to celebrate Michigan grantmakers being recognized for their communications by the Council on Foundations Wilmer Sheilds Rich Awards and to meet with colleagues from Gennany, Belgium, and Italy. April 30 - May 2 - Sixth Annual Family Foundations Retreat- Midland (See Family Philanthropy Report) May 11 - Detroit Area Grantmakers Fifty grantmakers met for lunch to learn about the role that nonprofits are playing in the economic revitalization of Southwest Detroit, a working-class, immigrant neighborhood that is growing and bustling with activity. Speakers included Angela Reyes, Executive Director, Detroit Hispanic Development Corporation, Nancy Sizer, Development Director, Southwest Detroit Business Association, and John Van Camp, President & CEO, Southwest Counseling & Development Services. June 7 - Grantmakers in Aging - Oak Park "Creating L ivable Communities-Iflt's "Cool" for Seniors, It's "Cool" for Everyone" will introduce grantmakers to three innovative programs and the important role that seniors play in helping Oak Park, a small city just northwest of Detroit, succeed. The program will take place at the Jewish Community Center in Oak Park from 8:30 to 11:00 a.m., and there is no charge. To confirm attendance, respond to Jan Adamczyk at The Jewish Fund at 248/203-1518 or adamczyk@ jfmd.org. June 16 - Alternative Investments Seminar- Novi As a fo llow-up to the April 15 Conference Call, about 25 members are expected to meet for this Seminar with presenters from Bank One, Comerica, Northern Trust, Merrill Lynch and the Commonfund. Contact Dave Lindberg for registration information. June 25-27 - Youth Grantmakers Leadership Conference- Central Michigan University The conference will include 20 guests from across the United States, and approximately 125 Y AC members and advisors from around the state. This year' s focus will include team-building, service-learning and youth on boards. June 30, 2004- Michigan Grantmakers for Women & Girls - (9:30a.m.- 2:30p.m.) "Investing in a Women's Agenda" is the focus ofthe annual seminar of Michigan Grantmakers for Women & Girls (MGWG), an informal group offoundation trustees and staff - men and women - who have an interest in the issues of women and girls, regardless of their foundation's focus. Chris Grunun, President of the Women's Funding Network in San Francisco, will give the keynote address. In addition, speakers on two panels will explore the importance of genderfocused philanthropy from both the funders' perspective as well as successful program models. The seminar will be at the University Club in East Lansing. There is a $35 registration fee. To register, call Joe Jones at 616/842-7080 or email jjones@cmif.org. 06.10.04 Board Materials87.jpg �President's Report June 2004 Page 4 Information Services Three new features have been added to the Member E-News to promote the awareness and use of CMF infom1ation resources. They are: • a Featured Book Title, pointing to • an online recent library acquisitions list, and • a featured Sample Document to highlight the sample documents resource. Each time we publish an issue of E-News we have added at least one new library user - all individuals who have been long time members but have never used infom1ation services in the past. We are mid-way through the three-year Teclmology Plan and are now focusing on a comprehensive Telecommunications Assessment, the Membership Database Project that will integrate all of our member data with our other technology initiatives, the Great Grants Database Project, the Online Library Catalog, a Content Management System for www.cmif.org. Communications Establishing a Charitable Foundation in Michigan - fourth edition Produced by CMF legal counsel Duane Tamacki, the fourth edition is now available for sale. Brochures (a copy is in the back pocket) have been distributed at the May and June annual conferences of the Trust and Estates Section of the State Bar Association. Leadership, Volunteerism and Giving-A Longitudinal Study o{Youth Grantnnakers (1993- 2003) Authored by MCFYP evaluator Dr. Karin Tice ofFERA this publication is now on the youthgrantmakers.org website. Hard copies (a copy is in the back pocket) of the publication are also being mailed to all community foundations and targeted youth serving organizations. Asset Developments The spring issue of the Michigan IDA Partnership newsletter (a copy is in the back pocket) features new financial support from MSHDA for IDAs. Giving and Volunteering in Michigan Produced in partnership with the Michigan Nonprofit Association and Michigan Community Services Commission this annual publication features the annual fall survey conducted by Michigan State University of individual giving and volunteering by Michigan residents. Memo to Members - April 2004 This issue features several "how to" articles on issues such as 990-PFs, corporate citizenship and platming for disasters. The Familv Philanthropist- Spring 2004 Grantee Information -what to collect and how long to keep it - is a key article in this issue. 06.10.04 Board Materials88.jpg �President's Report June 2004 Page 5 CMF News Wire Production of weekly articles by editorial consultant Mike Gallagher on issues of importance to grantmakers has now been formalized with the title CMF News Wire in the following announcement that went to members on May 26. According to our web tracking system, these articles are the second most popular resource that is being downloaded by users. In January 2004, CMF began publishing original articles on issues facing Michigan grantmakers on the homepage of its website. We invite you to read this week:s· article and to visit our News Room at www.cmi(org to read previous articles. Issues covered range from tougher accountability standards to the new partnership between the Attorney General's office and a team ofnonprofit and foundation leaders. A recent series ofarticles profiled the FEC's decision not to regulate political spending and the impact ofthat decision on the philanthropic community. CMF's editorial consultant and reporter, Mike Gallagher, is eager to receive your comments on these articles and your suggestions for story ideas at mgallagher@cmi{org. Ads (rom Communities o{Color Task Force Since December 2002, seven community foundations have been working to reach out and build trust, networks and relationships specifically with African Americans and Hispanic/Latina Americans who may be potential donors. As one activity three community foundations have customized materials for their use, and have placed ads (copies of which will be distributed at the Board Meeting) in their local publications that target specifically African Americans. Partnerships The Coalition of Community Foundations for Youth (CCFY) CCFY has awarded a grant of$15,000 to CMF on behalf of the Community Foundation Committee for activities to promote responsible fatherhood and strengthen father involvement in Michigan. Brian Flahaven is working with the Fathers Matter Committee to identify speakers for the Winter Meeting ofthe Michigan Friends of the Court Association. In addition, the committee will begin planning a day-long fatherhood forum to be held this fall in Lansing. March 19-30 - The Foundation for Young Australians - Melbourne Kari Pardoe traveled to Melbourne, Australia to present on youth grantmaking in conjunction with two different conferences hosted by The Foundation for Young Australians. March 25-April2 - Transatlantic Community Foundation Network (TCFN)- Warsaw Donnell Mersereau is contributing to a TCFN working group looking at improving community foundation visibility at the local, national and international level. Seven countries have adapted and translated the NMAT PowerPoint presentation, "What is a Community Foundation" for local use in their region. March 31-April 2 - International Network for Strategic Philanthropy (INSP) - Turin Representing the regional associations of grantmakers, Rob attended the final meeting of this three-year initiative supported in part by the C.S. Mott Foundation. April22, May 4 & 6 - Forum of Regional Association ofGrantmakers 990-PF Conference Calls CMF provided the assistance oflegal counsel Duane Tarnacki as co-faculty for these three national calls with about 300 participants. In addition, Dave Lindberg provided assistance on the editing of the two 990-PF Guides produced by PriceWaterhouseCoopers used for these calls and 06.10.04 Board Materials89.jpg �President's Report June 2004 Page 6 available on the CMF website. CMF has also been successful in having a link to the Guides placed on the State Bar Association's home page. April28-29- Worldwide Initiatives for Grantmakers Support (WINGS)- Toronto As the newly elected chair of WINGS-CF, the international network of support organizations to community foundations, Ms. Mersereau participated as the WINGS-CF representative to the WINGS Coordinating Committee. May 10, 2004 - Tri State Community Foundations Meeting with Indiana Grantmakers Alliance and Donors Forum of Ohio CMF Trustees Diana Sieger, Libby Cherin, and MCFV Trustee Cheryl Elliott joined Donnell and Rob for a meeting with representatives from community foundations and regional association colleagues in Indiana and Ohio to discuss opportunities for collaboration and cooperative ventures. A task force has been formed to research the opportunity for a joint technical assistance delivery around implementation ofNational Standards. May 12-16,2004- Community Foundations of Canada Biennial Meeting- Quebec City Youth grantmakers from the Grand Rapids Community Foundation and Four County Community Foundation joined Kari Pardoe for presentations on youth grantmaking. In addition, Ms. Mersereau facilitated a session on the growth and development of the global community foundation field. May 24 -25, 2004- Volunteerism Super Conference- Grand Rapids Jeri Fisher and Kari Pardoe served on the Planning Committee for this biennial conference sponsored in partnership with the Michigan Nonprofit Association. The Mawby Award for Philanthropy was presented to James Acheson of Port Huron, a new CMF member, during the Governor's Service Awards held as part of the Conference. CMF President Emeritus Dottie Johnson and CMF Trustees Bill Richardson and Julie Cummings were recognized at the closing plenary for their leadership of the successful Connect Michigan Alliance Campaign. A number of CMF members were recognized for their major contributions to the campaign. 06.10.04 Board Materials90.jpg � 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_2004_BB_2004-06-10_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50560 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/5e948fbf7cfda4a09c23ca9116eb6cfd.pdf 4dd90aa836a01d31e0251f832061ed57 PDF Text Text CMF Council of Michigan Foundations Serving grontmokers. Advancing giving. TAB4 June 2, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Betsy Upton Stover, Co-Chair Membership Committee Rob Collier, President Re: Membership Report Membership is 400 as of June 1, 2004 and can be summarized as follows: Private: 226 Family Foundations Independent Foundations 166 60 Foundations Affiliates Donor-Advised Funds Supporting Organization 55 32 3 1 Foundations Giving Programs 28 29 Community: 91 Corporate: 57 Public: 20 Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Totals: 18 2 6 6 400 400 I. Membership Recruitment We are pleased to present four new members: RESOLVED that the following four foundations be approved for membership. James C. Acheson Foundation, Port Huron Donna M. Hiester, Vice President Kaufman Foundation, Muskegon (rejoin) Sylvia C. Kmifman, Trustee Nartel Family Foundation, Grand Blanc (rejoin) Evelyn Nartelski, President Smith Barney Citigroup, Southfield J Lawrence Lipton, Vice President/Financial Planning Specialist �Membership Committee Repot1 June 2004 Page 2 II. Membership Retention The following five organizations are being dropped from membership for the reasons that are noted. • Willard G. & Jessie M. Pierce Foundation- single purpose • PricewaterhouseCoopers- no wish to remain a member • George M. & Mabel H. Slocum Foundation- foundation closed • Trust Fund for Children with Special Health Care Needs - no wish to remain a member • Frank & Mollie VanDervoort Memorial Foundation - transferred assets to the Capital Region Community Foundation Membership renewal grants were received for 2003 from the following members. Staff is still working on the group of23 unpaid members for 2003 as noted further in this memo. We are pleased that 122 members (30%) have already paid their 2004 dues based on the letters sent out in April. A copy of the bas ic membership retention letter is attached along with the tailored Benefits/ Accomplishments one pager for each constituent group. This is a challenging year because we are asking for both a dues increase and approval of the Guiding Principles as a condition of membership. Albion Community Foundation Alger Regional Community Foundation Allegan County Community Foundation American Axle & Manufacturing Americana Foundation Amy Foundation Ann Arbor Area Community Foundation Arcus Foundation Athens Area Community Foundation Bank One Baraga County Community Foundation Barry Community Foundation Charles & Adeline Barth Foundation Battle Creek Community Foundation The Batts Foundation Bay Area Community Foundation Joseph E. Beauchamp Charitable Trust Bedford Fund Madeleine & Mandell L. Berman Fdn. Berrien Community Foundation Besser Foundation Birtwistle Fan1ily Foundation Guido & Elizabeth Binda Foundation The Blodgett Foundation Blue Cross Blue Shield Blue Cross Blue Shield ofMI Fdn. Bodman, Longley & Dahling LLP John & Marlene Boll Foundation Bonisteel Foundation Branch County Community Foundation David A . Brandon Foundation Benjamin & Marion Bregi Foundation Hi lda E. BretzlaffFoundation Edyth Bush Charitable Foundation Cadillac Area Community Foundation Samuel Higby Camp Foundation Capital Region Community Foundation The Carls Foundation Castaing Family Foundation Clarence & Grace Chamberlin Foundation Gerald Chamberlin Foundation Charlevoix County Cmmnunity Foundation Chemical Bank & Trust Chippewa County Community Foundation Citizens Bank-Flint Clare County Community Foundation Clio Area Community Fund Colina Foundation Julius & Alice Combs Fow1dation Comerica Charitable Foundation Community Foundation for Delta County Community Foundation for Mason County Community Foundation for Muskegon Co. Community Foundation for Northeast MI �Membership Committee Repot1 June I, 2004 Page 3 Community Foundation for Oceana County Community Foundation for Southeastern Ml Community Foundation of Greater Flint Community Fdn. of Greater Rochester Community Foundation of Monroe County Com. Fdn. of the Holland/Zeeland Area Community Foundation of St. Clair County Community Fdn. of the Upper Peninsula Consumers Energy Foundation Constantine Area Community Foundation Cook Charitable Foundation Cook Family Foundation Coopersville Area Community Foundation Raymond M. & Jane Cracchiolo Fdn. Crystal Falls/Forest Park Area Com. Fund Glenn D. Curtis Edmore Foundation Dagenias Foundation DaimlerChrysler Corp Fund Dorothy U. Dalton Foundation M.E. Davenport Foundation Delphi Foundation Delta Dental Fund DENSO North American Foundation DeRoy Testamentary Foundation DTE Energy Foundation Detroit Lions Inc. Detroit Neurosurgical Foundation Detroit Youth Foundation The DeVlieg Foundation Daniel & Pamella DeVos Foundation Dick & Betsy DeVos Foundation Douglas & Maria DeVos Foundation Richard & Helen DeVos Foundation Dickinson County Community Foundation Doan Family Foundation Dole Family Foundation Dow Chemical Company Foundation Dow Corning Foundation Alden & Vada Dow Foundation Herbert H. & Grace A. Dow Foundation Drake Quinn Family Foundation Dryer Family Foundation Duffy Foundation Dyer-Ives Foundation Earhart Foundation Eaton County Community Fund C.K. Eddy Fund H. T. Ewald Foundation Fenton Community Fund The Fetzer Institute Fibre Converters Foundation Fifth Third Bank George R. & Elise M. Fink Foundation Max & Marjorie Fisher Foundation Fisher-Insley Foundation Flinn Family Foundation Flint Ink Foundation Ford Foundation Ford Motor Company Fund Four County Community Foundation Free Press Charities Fremont Area Community Foundation Frey Foundation General Motors Foundation The Gerber Foundation The Rollin M. Gerstacker Foundation Irving S. Gilmore Foundation Gilmour Fund Glancy Foundation Gordy Foundation Grand Blanc Community Fund Grand Haven Area Community Fdn. Grand Rapids Community Foundation Grand Rapids Label Foundation Grand Rapids Jaycees Foundation Granger Foundation Gratiot County Conununity Foundation Great Lakes Energy People Fund Great Lakes Fishery Trust Greater Lansing Foundation Greenville Area Community Fdn. Guardian Industries Corp Hagen Family Foundation The Hannan Foundation Charles Stewart Harding Foundation James & Catherine Haveman Family Fdn. The Hees Family Foundation Edsko & Claire Hekman Foundation Paul B. Henry Fow1dation Heron Oaks Foundation Herrington-Fitch Family Foundation Myrtle & William Hess Charitable Trust �Membership Committee Repot1 June I, 2004 Page 4 Hillsdale County Community Fdn. Clarence & Jack Himmel Foundation Holley Foundation Homer Area Community Foundation Robert & Judith Hooker Foundation Hougen Foundation Huckle Family Fund Hudson-Webber Foundation Huebner Foundation Edward & Irma Hunter Foundation Huron County Community Foundation Hurst Foundation Iacocca Foundation Bill & Bea Idema Foundation Ionia County Community Foundation Iosco County Community Foundation Irwin Foundation Isabel Foundation Jackson County Community Foundation Jennings Memorial Foundation Jewish Federation of Metro Detroit The Jewish Fund Jewish Women's Foundation F.M. & D .A. Johnson Donor Advised Fund Lloyd & Mabel Johnson Foundation Paul A. Johnson Foundation Paul C. Johnson Foundation JSJ Foundation Kalamazoo Community Foundation Kantzler Foundation Kaufman Foundation Chaim, Fanny, Louis, et al Kaufman Trust Keller Foundation Kellogg Corp Citizenship Fund W. K . Kellogg Foundation Kelly Services Foundation Keweenaw Community Foundation KINSHIP Foundation J. Edward Kloian Foundation Knight Family Charitable Foundation The Kresge Foundation L&L Educational Foundation La-Z-Boy Foundation Lacks Enterprises Inc. The Helen Laidlaw Foundation Lapeer County Community Fund Larson Family Fund Leelanau Township Community Fdn. Lenawee Community Foundation Les Cheneaux Community Foundation Library of Michigan Foundation Loeschner Enterprises, Inc. Loomis Sayles Loutit Foundation Edward Lowe Foundation Ludy Family Foundation Lyon Foundation M&M Area Community Foundation Macatawa Bank Mackey Foundation Mackinac Island Community Foundation Malpass Foundation Manistee County Community Foundation Richard & Jane Manoogian Foundation Martin Family Foundation Marquette Community Foundation Marquette-Alger Youth Foundation Marshall Community Foundation Masco Foundation The Matthaei Foundation McCardell Family Foundation McCurdy Scholarship Foundation McGregor Fund B.D. & Jane Mcintyre Foundation C.S. & Marion Mcintyre Foundation W.D. & Prudence Mcintyre Foundation Mecosta County Community Foundation Metro Health Foundation Michigan Automotive Compressor Michigan Gateway Community Fdn. Michigan Humanities Council Michigan State Bar Foundation Michigan Women' s Foundation Midland Area Community Foundation Miller, Canfield, Paddock & Stone The Miller Foundation Howard Miller Foundation Louise Tuller Miller Trust Missaukee Area Community Foundation Mittra Family Foundation Frederick Moore Family Foundation Morley Foundation �Membership Committee Repot1 June I, 2004 Page 5 Charles Stewart Mott Foundation Ruth Mott Foundation MSMS Foundation Mt. Pleasant Area Community Fdn. Munder Capital National City Bank Allen & Marie Nickless Foundation Nine Tuna Foundation Nokomis Foundation Nordman Charitable Trust North Central MI Community Fdn. Northern Trust Norway Area Community Fund Osceola County Community Fdn. Otsego County Community Foundation Paine Family Foundation Charles Parcells Foundation Elsa U. Pardee Foundation Parfet Family Foundation Peak Street Foundation Pearson Family Foundation Karen & Drew Peslar Foundation Petoskey-Harbor Springs Area Com. Fdn. Pinney Foundation Pistons-Palace Foundation Plante & Moran LLP Plym Foundation Sara Pollack Educational Trust Herbert & Elsa Pouting Foundation Porter Foundation Power Foundation Preede Foundation Prentis Family Foundation Public Benefit Corporation Rachor Family Foundation Ramser-Morgan Foundation Ransom Fidelity Company Milton M. Ratner Foundation RJK Foundation Harold & Carolyn Robison Foundation Edward & Elyse Rogers Foundation Roscommon County Community Fdn. Rosenzweig Coopersmith Foundation Rotary Charities of Traverse City Rotary District 6360 Foundation Ghassan M. Saab Foundation SBC Saginaw Community Foundation Sanilac County Community Foundation Savage Foundation Schalon Foundation Schoolcraft County Community Foundation The Seabury Foundation Sebastian Foundation Seevers Family Foundation George & Elizabeth Seifert Foundation Shaevsky Family Foundation Nate & Ruth Shapero Foundation Shiawassee Community Foundation Shiffman Foundation Sinai Medical StaffFom1dation The Skillman Foundation George & Mabel Slocum Foundation Southfield Community Foundation Sparta Community Foundation Speckhard-Knight Charitable Foundation St. Clair Foundation St. Denys Foundation St. Ignace Area Community Foundation Standard Federal Steelcase Foundation Straits Area Community Foundation Charles J. Strosacker Foundation Sturgis Area Community Foundation Maurice & Dorothy Subnitz Foundation Tahquamenon Area Community Fdn. Keith W. Tantlinger Foundation The Tapestry Foundation Target Corporation Taubman Foundation Mary Thompson Foundation Three Rivers Area Community Fdn. Tiscomia Foundation A.M. Todd Company Foundation Harry A. & Margaret D. Towsley Fdn. Jerry L. & Marcia D. Tubergen Foundation Tum 2 Foundation Amherst & Janeth Turner Foundation Tuscarora Fund Tuscola County Community Foundation United Jewish Foundation Burton & Elizabeth Upjohn Foundation �Membership Committee Repot1 June I, 2004 Page 6 Harold & Grace Upjohn Foundation W.E. Upjohn Institute for Employ. Research FrederickS. Upton Foundation W.S. & Lois VanDalson Foundation Frank & Mollie VanDervoort Mem. Fdn. Verizon Vicksburg Foundation John D. Voelker Foundation John & Rose Watson Scholarship Fdn. The Wege Foundation James A. Welch Foundation Charles & Marie Werner Foundation The Wetsman Foundation John & Elizabeth Whitely Foundation Harvey Randall Wickes Foundation Wickson-Link Foundation Bill & Sally Wildner Foundation Matilda R. Wilson Fund Isadore & Beryl Winkelman Foundation Winship Memorial Scholarship Foundation Wolverine World Wide Foundation Wyoming Community Foundation Yeo Family Foundation Young Foundation Zuehlke Charitable Foundation W. Tom ZurSchmiede Foundation Members Upaid Twenty-three members, down from the 55 reported on at the March 2 Board Meeting, have not paid their dues for 2003. Staff is working to resolve those unpaid. Charles Anthony Foundation Bingham Family Foundation Buhr Foundation The Campbell Fund Marshall M. Fredericks Foundation Greater Frankenmuth Community Fdn. Greater Ishpeming Community Fund Klopcic Family Foundation Loosemore Foundation Peter Mason Charitable Foundation MEEMIC Foundation for the Future of Ed. Millman Harris Romano Foundation Henry C. & Audrienne Murray Foundation Negaunee Area Community Foundation Pfizer The Ruffner Foundation Sehn Foundation William & Sarah Seidman Fow1dation Shubeck Mansour Foundation Slemons Foundation The Summers Foundation Ralph C. Wilson Foundation David M. Whitney Fund �April 30, 2004 Dear: The Board ofTrustees and staffofthe Council ofMichigan Foundations (CMF) thank you for your ongoing support for our work to enhance, improve and increase philanthropy in Michigan. Now is the time to renew your support with your 2004 membership investment. Please take a moment to review the enclosed Member Benefits and 2003 Accomplishments Summmy. CMF is continually developing new services to assist private foundations. For example, last week we posted two important documents about the 990-PF Fonn. These were developed in partnership with PricewaterhouseCoopers and can be viewed on the CMF home page www.cmif.org. We encourage you to download What You Should Know Before Signing Your Organization 's Form 990-PF and the companion document for preparers of the 990-PF and join in one of the May conference calls. Our monthly E-News is loaded with timely calendar events such as this and other resources. If you would prefer to receive it by fax or mail, just let us know. We encourage you to take advantage of the more than 50 educational and networking opportunities CMF offers throughout the year - many by conference call so you can join from your office. Vicki Rosenberg our Chief Operating Officer and Dave Lindberg, our Vice President of Finance, like Rob, welcome the opportunity to visit with members throughout the state. This is a longer letter than usual because within the enclosed M embership Renewal Invoice 2004 are two important changes that we want to discuss. �Dues Adjustment The first change is that there has been an increase in the dues schedule for the first time in nine years. With the encouragement of the Board, CMF has "tightened our belts" and reduced staff in the past two years. We were even able to delay this approved increase in 2003 in recognition of the challenging stock market conditions for many of our members. However, the Board of Trustees has determined that the adjustment must be implemented this year. Careful research was done by the Membership Committee and staff to insure that this adjustment reflects the value of membership to foundations of all sizes. Coupled with continued tight controls on operating costs, this dues increase wi II allow CMF to continue the education programs, networking events, research services and relationships with state and local government that members rely on. Guiding Principles The second change in the Membership Renewal Invoice is the adoption of seven Guiding Principles that are now included as a condition of membership. Adopted by the CMF Board of Trustees and announced at our 2003 Annual Conference, these Guiding Principles were developed over a six-month period by a Task Force of members including several ofyom colleagues. They are similar to those adopted by the Minnesota Council on Foundations as a condition of membership two years ago. The CMF Trustees feel that adoption of these Guiding Principles is an important step in responding to the proposed federal legislation mentioned in the Accomplishments attachment and to answering the question often asked by the public - "What do grantmakers stand for?" With the enclosed Guiding Principles document are suggestions for practices on their implementation. Although recognizing these principles are goals, not rules, we ask that you review and endorse the Guiding Principles by signing the designated statement on the Membership Renewal In voice. Finally, we have also enclosed a Trustee/Staff List for you to update with a return envelope for your convenience. The IRS allows your entire membership support to be recorded as a charitable grant. Please do not hesitate to call Rob, Vicki or Dave if you have any concerns about the dues adjustment, the Guiding Principles or any other issue. Members, responding to our Biennial Membership Survey in January, confirmed that they value their membership in CMF. We want you to know that we value y our membership and look forward to being of service this year. Thank you for renewing your investment in CMF. Sincerely, S. Martin Taylor CMF Chair Vice President & Director, DTE Energy Foundation cc: Vicki Rosenberg, COO Dave Lindberg, VP Finance & Administration Robert S. Collier President & CEO �CMF Council of Michigan Foundations Community Foundations M ember Benefits and 2003 Accomplishments Summary Serving grantmakers. Advancing giving. BENEFIT- opportunities to network with other gr antmakers: • Held CEO and Program Officers Retreats for more than 100 community foundation staff • Convened Statewide Meeting for over 200 community foundation staff and board members at the CMF Annual Conference • Provided Summer Leadership Conference for more than 120 Youth Advisory Committee members BENEFIT- customized educational offerings: • Hosted Scholarship Administrators Seminar for over 50 foundations with financia l aide experts • Offered two Building Foundation Series: Marketing and Community Impact to over 50 community foundations and 150 participants • Sponsored Fund Development seminars in the Upper Peninsula • Held trainings for more than 40 new and experienced Youth Advisory Committee advisors BENEFIT - access to educational resources: • Updated Corporate and Individual Michigan Community Foundation Tax Credit tables • Released "Tools for Giving" Marketing Portfolio bringing the total of marketing materials now available to 85 • Designed and launched www.youthgrantrnakers.org which includes sample documents, lessons learned, resources and much more BENEFIT- promote use of community foundations by potential donors: • Administered nine Regional Marketing Team-Up Grants--covering the State • Met one-on-one with 25 individuals and families about starting a donor-advised fund at a community foundation BENEFIT- representation with Lansing and Washington policymakers: • Established a Nonprofit Advisory Committee with the office of the Attorney General • Continued partnership with the State on distribution of tobacco settlement funds BENEFIT - collaborative philanthropic responses to critical needs: • With community foundation and state support, aided 180 plus families in becoming new homeowners through the Michigan Individual Development Accountant (IDA) Partnership, leveraging more than $14 million in mortgages • Assisted more than 35 community foundations participating in MSHDA Homelessness Prevention Project • Convened Early Matters - Zero to Five Coalition focused on early childhood development with community foundations and State officials These BENEFITS are complemented by: • Access to health insurance for small-staffed foundations, D&O, and other insurances • Discounts up to 30% on activities and publications Questions, comments and suggestions- Call Donnell Mersereau, Director, Community Foundations at 616.842.7080 or email at dmersereau@cmif.org. �CMF Council of Michigan Foundations Corporate Foundations and Giving Programs Member Benefits and 2003 Accomplishments Summary Serving grantmakers. Advancing giving. BENEFIT- customized educational opportunities: • Graduated 22 certified corporate grantmakers through continued partnership with Boston College's Center for Corporate Citizenship with courses offered in Michigan at a significant savings in tuition and travel expenses • Conducted more than 30 workshops on topics such as Advanced Governance with BoardSource consultant Sandy Hughes BENEFIT- educational resources: • Added how-to articles in Memo to Members on topics such as disaster recovery plans • Improved monthly E-News with timely weekly news articles linked to the CMF home page, www.cmif.org BENEFIT- representation in Lansing and Washington: • Established a Nonprofit Advisory Committee with the office of the Attorney General • Worked with Michigan Congressional Delegation to defeat proposed legislation to increase the payout by reducing qualified administrative expenses for corporate foundations BENEFIT- networking with other grantmakers: • Convened the 31st Annual Conference in Grand Rapids for 700 grantmakers • Offered nine monthly meetings for Detroit Area Grantmakers on topics of national and regional interest and continued to assist the Business Contributions Council hosted by Detroit Renaissance BENEFIT- collaborative philanthropic responses to critical needs: • With foundation support served as fiscal agent for Governor's bi-partisan Land Use Leadership Council • With foundation and state support aided 180 plus fami lies in becoming new homeowners through the Michigan Individual Development Accounts (IDA) Partnership, leveraging more than $14 million in mortgages BENEFIT- special access and discounts to services: • Offer access to health insurance for small-staffed foundations through the Small Business Association of Michigan, along with Directors & Officers Liability, and other insurances • Provide discounts on publications, courses and software products BENEFIT - an expanded pool of corporate grantmakers: • Met one-on-one with 10 companies on starting a foundation or donor-advised fund at a community foundation • Mailed information packets to 77 newly formed foundations • Continued promotion of corporate giving through the May issue of the State Chamber of Commerce's Michigan Forward Questions, comments and suggestions - Call Susan Howbert, Director of Corporate Grantmaking, at 313.961.3122 or email at showbert@crnif.org. �CMF Council of M ichigan Fou ndat ions Family Foundations Member Benefits and 2003 Accomplishments Summary Serving grantmakers. Advancing giving. BENEFIT- opportunities to network with other family foundations: • • Convened more than 70 trustees and staff for the Fifth Annual Family Foundations Retreat at the Am way Grand Plaza Hotel in Grand Rapids Held regional receptions in Detroit and Charlevoix BENEFIT- customized educational offerings: • • • Conducted more than 30 workshops on topics such as Advanced Governance with BoardSource consultant Sandy Hughes Convened family foundation coffees on Early Childhood in Flint and Grand Rapids Offered a Family Foundations Study Trip with Florida family foundations and David Lawrence, president of The Early Childhood Initiative Foundation BENEFIT- access to educational resources: Added how-to articles in Memo to Members Improved monthly E-News, with weekly educational articles linked to the CMF home page, • • • www.cmif.org Published two issues of The Family Philanthropist with articles such as "Grantee Recordkeeping" BENEFIT- representation with Lansing and Washington policymakers: • • Established a Nonprofit Advisory Committee with the office of the Attorney General Worked with Michigan Congressional Delegation to defeat proposed legislation to increase the payout by reducing qualified administrative expenses for family foundations BENEFIT - special access and discounts to services: • • • Offer access to health insurance for small-staffed foundations through the Small Business Association of Michigan, along with Directors & Officers Liability, and other insurances Provide discounts on publications, courses, and software products Give indiv idual assistance on managing your foundation BENEFIT - collaborative philanthropic responses to critical n eeds: • • • Served as fiscal agent for Governor's bi-partisan Land Use Leadership Council with support from several family foundations Convened Early Matters - Zero to Five Coalition focused on early childhood development with family foundations and state officials With family foundation and state support, aided 180 plus families in becoming new homeowners through the Michigan Individual Development Account (IDA) Partnership, leveraging more than $ 14 million in mortgages BENEFIT- increased grantmaking resources by helping new family foundations: • • Met one-on-one with 25 individuals and families about starting a foundation or donoradvised fund at a community foundation Mailed information packets to 77 newly formed foundations Questions, comments and suggestions - Call Susan Howbert, Director of Family Philanthropy, at 313.961.3122 or email at showbert@cmif.org. �CMF Council of M ichigan Fou ndat ions Member Benefits and 2003 Accomplishments Summary Serving grantmakers. Advancing giving. BENEFIT- opportunities to network with other grantmakers: • Convened the 31st Annual Conference in Grand Rapids for over 700 grantmakers • Held regional receptions for Detroit and northern Michigan area members • Placed the Membership Roster on-line to encourage member to member communication • Sponsored "Conversations" workshops in Southeastern Michigan between funders and nonprofits BENEFIT- customized educational offerings: • Conducted more than 30 workshops on topics such as Advanced Governance with BoardSource consultant Sandy Hughes, finance and administration, investments, and grantmaking • Introduced the "new" Institute for New Grantmakers with Ford Foundation GrantCraft and Johnson Center on Philanthropy at Grand Valley State University BENEFIT- access to educational resources: • Made more than 400 sample documents, such as conflict of interest policies, available online at the "Members Only" section of the Website, www.cmif.org • Provided personalized research services on issues such as compensation and benefits BENEFIT- increased grantmaking resources by helping to start new foundations: • Held one-on-one consultations with 25 individuals, fami lies and corporations • Mailed information packets to 77 newly formed foundations BENEFIT- representation with Lansing and Washington policymakers: • Established a Nonprofit Advisory Committee with the office of the Attorney General • Worked with Michigan Congressional Delegation to defeat proposed legislation to increase the payout by reducing qualified administrative expenses for foundations BENEFIT - collaborative philanthropic responses to critical n eeds: • Served as fiscal agent for Governor's bi-partisan Land Use Leadersh ip Council with support from several members • With member and state support, aided 180 plus families in becoming new homeowners through the Michigan Individual Development Account (IDA) Partnership, leveraging more than $ 14 million in mortgages These BENEFITS are complemented by: • Access to health insurance for small-staffed foundations, D&O, and other insurances • Discow1ts up to 30% on activities and publications Questions, comments and suggestions - Call Rob Collier, Vicki Rosenberg, or Dave Lindberg at 616.842.7080 or email them at rcollier@cmif.org, vrosenberg@cmif.org or dlindberg@cmif.org. �CMF Council of M ichigan Fou ndat ions Member Benefits and 2003 Accomplishments Summary Serving grantmakers. Advancing giving. BENEFIT- opportunities to network with other grantmakers: • Convened the 31st Annual Conference in Grand Rapids for over 700 grantmakers • Held regional receptions for Detroit and northern Michigan area members • Placed the Membership Roster on-line to encourage member to member communication • Sponsored "Conversations" workshops in Southeastern Michigan between funders and nonprofits BENEFIT- customized educational offerings: • Conducted more than 30 workshops on topics such as Advanced Governance with BoardSource consultant Sandy Hughes, finance and administration, investments, and grantmaking • Introduced the "new" Institute for New Grantmakers with Ford Foundation GrantCraft and Johnson Center on Philanthropy at Grand Valley State University BENEFIT- access to educational resources: • Made more than 400 sample documents, such as conflict of interest policies, available online at the "Members Only" section of the Website, www.cmif.org • Provided personalized research services on issues such as compensation and benefits BENEFIT- increased grantmaking resources by helping to start new foundations: • Held one-on-one consultations with 25 individuals, fami lies and corporations • Mailed information packets to 77 newly formed foundations BENEFIT- representation with Lansing and Washington policymakers: • Established a Nonprofit Advisory Committee with the office of the Attorney General • Assisted in passing of the CARE Act by both the Senate and the House of Representatives with inclusion of charitable non-itemizer provision BENEFIT - collaborative philanthropic responses to critical n eeds: • Served as fiscal agent for Governor's bi-partisan Land Use Leadersh ip Council with support from several members • With member and state support, aided 180 plus families in becoming new homeowners through the Michigan Individual Development Account (IDA) Partnership, leveraging more than $ 14 million in mortgages These BENEFITS are complemented by: • Access to health insurance for small-staffed foundations, D&O, and other insurances • Discow1ts up to 30% on activities and publications Questions, comments and suggestions - Call Rob Collier, Vicki Rosenberg, or Dave Lindberg at 616.842.7080 or email them at rcollier@cmif.org, vrosenberg@cmif.org or dlindberg@cmif.org. � 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_2004_BB_2004-06-10_Membership-Committee-Report Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book membership 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 2004-06-10 board book membership 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, 50559 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/3f5324050505d8de11179ab20e6981da.pdf 495fd6ad9b0effd317ddf6ebe9967dab PDF Text Text June 1, 2004 TAB 11 To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Russell G. Mawby, Chair National Steering Committee Kathy Agard, Executive Director Re: Learning to Give Progress Report Learning to Give continues its success reaching more schools, teachers, and students. The progress in Michigan has been substantial, and the partnerships with the Center on Philanthropy at Indiana University and the Dorothy A. Johnson Center at Grand Valley State University are well underway. I. Highlights of Program Progress • 92,000 K -12 students taught philanthropy classroom lessons • 74 school buildings with at least 1/3 of the faculty teaching LTG lessons • 1,668 classrooms nationwide have taught philanthropy to students • Teachers report over 90% of students achieve mastery or mastery + on the philanthropy content • 645 lesson plans and 140 briefing papers on the Web-site • 44,000 user sessions on the LTG Web-site in March 2004 (last quarterly report) L earning to Give Web Site Number of User Sessions Per Quarter (Years 2000· 2004 YTD) 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 December 06.10.04 Board Materials80.jpg �Learning to G ive Report June 2004 Page2 II. University Partnerships Leaming to Give-Indiana at the Center on Philanthropy, Indiana University • 20 I.U. Social Studies Student Teachers have been oriented to LTG • 13 Teachers are enrolled for the summer institute (June 14-18) • 15 Teachers met for two-days andre-coded 600 LTG lesson plans to the Indiana State Standards • The Indianapolis Foundation contributed $15,000 for LTG to be infused into the Indianapolis Public Schools • The Center is recruiting a full-time LTG Director Leaming to Give-Michigan at the School of Education, Grand Valley State University • 13 New prutner school buildings have been recruited where at least 1/3 of the staff will begin teaching LTG in their schools in the fall 2004 • 82 Teachers are enrolled for the summer institute (June 21-25) • 200 Student Teachers have been oriented to LTG in two workshops • 23 Briefing papers have been written this semester by graduate students • Grand Rapids area foundations contributed $116,000 to support LTG at GVSU • The undergraduate Foundation o.fEducation course has been modified to include civic engagement. The impact of this change is being researched • Graduate school teachers are writing extensions for LTG lessons to help teachers with special needs students in their classrooms • GVSU President Mark Murray and his wife are hosting a large community luncheon on June 21 ' 1 to kick-offthe CMF-GVSU partnership III. Other Partnerships Shalom Street (Detroit)-LTG is providing lessons for students Junior Achievement of Battle C reek-LTG is adding philanthropy, using Mr. Kellogg as a model, for JA lessons at grades 2 and grades 8 or 9 Battle Creek Profiles-LTG is working with the Battle Creek Enquirer, Historical Society, Community Foundation, and Intermed iate School District to tum newspaper profiles of local philanthropists into classroom ready materials, and to provide teacher professional development on using the materials Earthforce-LTG is partnering with Earthforce, Civic Education through Law, and Civic Education Institute to bring all four programs to two pilot schools National Council for the Social Studies-LTG is linking web-sites, submitting articles to the NCSS Journal, will co-sponsor swnmer institutes next summer, and NCSS will endorse the textbook supplement National Council for Community and Justice-LTG will train Detroit public school teachers who are involved with NCCJ on teaching tolerance on how to do service-learning and to infuse philanthropy education into their work. NCCJ has four DPS teachers attending the summer institute at GVSU 06.10.04 Board Materials81.jpg �Learning to Give Report June 2004 Page3 Michigan Municipal League-LTG has offered the philanthropy educational materials for a proposed project to engage youth in public life at the municipal level. The MML is still seeking funding for this initiative Michigan Civic Education Consortium-LTG is working with the new consortium in responding to a Carnegie RFP on civic education policy development. The Fetzer Institute has contributed materials from the Generosity ofthe Spirit, Fetzer project, for the LTG Web-site (stories of generosity from around the world, a discussion guide, and interviews with philanthropists). IV. Sustainability Strategies Launched Professional consultation and several funding strategies are being tested for the long-term support of Learning to Give. The LTG Steering Committee will consider reports, due this summer from NCNE and lEG as noted below, at their fall2004 meeting and develop a specific plan for sustaining the LTG effort beyond current grant funding as a long-term effort to assure the teaching of philanthropy in the United States. National Center for Nonprofit Enterprise (NCNE) With underwriting support from the W.K. Kellogg Foundation, NCNE visited LTG on April 301h. NCNE is a non-profit consulting organization composed of a network of university faculty members from major non-profit management programs across the nation. The tean1 of four reviewed the budget and current strategies and will provide a written report by July, with advice on project financial sustainability. lEG Corporate Sponsorship Consultation LTG is also working with lEG, a consulting firm out of Chicago with over 20 years of experience with corporate sponsors (companies) and "properties" (groups like LTG seeking sponsorship). lEG is completing a "valuation study" of the economic value of each component, and of the whole, of LTG as it would be valued by a potential corporate sponsor. They will also assist in writing a comprehensive sponsorship proposal, and will advise us on which corporate sponsors would have the best "fit" with LTG. They will continue to advise us and assist us in making corporate calls over three years. We will receive their report on June 3. Fund-Raising and Gifts from Individuals The fund-raising for LTG from individuals continues, although only modest gifts are anticipated between now and the fall campaign. The total gifts and pledges received todate are: $70,547. A $30,000 challenge grant from two donors has been matched by $40,547. Gifts range in size from $2-$5,000. Sale of Materials African American Package: Since January, 11 Notebooks and 22 posters have been sold for a net profit of $ 1, 116.90. The African American Philanthropy package has been widely distributed throughout Michigan as a part of the underwriting support from the Community Foundation for Southeastern Michigan's grant. In addition, with support 06.10.04 Board Materials82.jpg �Learning to Give Report June 2004 Page4 from Betsy Upton Stover, a very successful workshop on using the materials was held for 25 teachers from Berrien County. Lesson Plan Volumes: LTG will begin selling the bundled lesson plans, by grade band, by summer 2004. There are two volumes for each of the grade bands. We believe there is an audience for the printed lessons, based on inquiries received from the Web-site. The lesson plans for each grade span (K-2, 3-5, 6-8, 9-12) have been fonnatted for printing, on-demand, into volumes that can be purchased by schools. In many cases, teachers are still not completely comfortable on the Intemet and prefer hard copy. Once the preparation work is completed, the bundles of lessons will be sold for a profit in volumes at each grade band. Women's Posters and Package: $154 in women's posters have been sold since 2002. A proposal has been submitted to the James A. and Faith Knight Foundation for support of the completion of the Women's Philanthropy package. The high school poster was published last year with support from the Michigan Women's Foundation. Holiday Cards: During the 2003-04 holiday season, LTG developed and sold 76 boxes of holiday cards illustrated with children's philanthropy artwork. Cards were printed ondemand with no inventory or storage required. LTG had a net profit of $270. Greeting Cards: LTG has produced a set of blank greeting cards with student work on the front. These will be wholesaled through a local bookstore in Muskegon, area museum shops, and given as premiums for PBS fund-raising events for the publicity value for LTG. They will also be sold on the Web-site. Online Book Club-Amazon.com Associates Program The initial effort has started to have Web-site visitors order books through the LTG Website. In the future, plans are underway to link each book title on the site to Amazon for easy ordering. LTG receives a rebate for each order. Tuition Sharing forMEd. and Payment for Instruction LTG owns the copyright on 18 hours of the 36 hour M.Ed . Ferris has made one payment of $100 based on enrollment in the courses. In addition, LTG staff taught an online course this winter resulting in $2,500 in revenue for LTG. High School Textbook Supplement and Teacher Guides The high school textbook supplement and teacher guides are complete. The chapters have been reviewed for fairness, and field-testing in classrooms will be done by the end of May. Plans for the optimum publisher and process, and writing the introductions are the next steps. Other Product-Based Revenue Opportunities • Civic Engagement Package (funding to be raised) • Environmental Stewardship (funding to be raised) • Arts and Philanthropy (funding to be raised) • Scrivner Award Winners (Initial conversations with Rockefeller Brothers Fund 06.10.04 Board Materials83.jpg � 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_2004_BB_2004-06-10_Learning-to-Give Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book Learning to Give 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 2004-06-10 board book Learning to Give. 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, 50558 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/3ba8b4ad96e95734d32b000ce53387b8.pdf 79adf4aa7b9457a06e804e86b0da79dc PDF Text Text Status of IDA Activity in Michigan Fact Sheet May 2004 IDA (Individual Development Account) activity is exploding in Michigan. The Michigan IDA Partnership (MIDAP), a partnership between the Michigan Family Independence Agency and the Council of Michigan Foundations, has created a statewide program with over 1200 IDA Accounts available. IDAs help working poor families save toward their household dream buying a home, attaining post-secondary education, or starting a small business. Since 2001 Michigan has: ~ ~ ~ ~ Established 5 IDA Program Regional Networks to reach a statewide goal of2000 IDA Accounts Increased the number of available IDA Accounts in Michigan from 50 to over 1200 Expanded the number of IDA Program Sites from 5 to over 50 Over 1000 open/active accountholders saving toward their IDA Asset Goal. OUTCOMES: The Independent Evaluation Report through Year Three of the project found: The typical IDA Participant is a 33-year-old unmarried African-American woman with some college education, a full-time job, a monthly household income of about $1,800 (21,600 annually), and two children living at home. Nearly 80% of all participants plan to purchase a home, 10% intent to use their account for a business, and 10% for education. ~ ~ ~ ~ ~ ~ ~ Regular savings by participants went from 25 to 71 percent with 87 percent report they expect to save regularly in the future. 99 percent have been affected positively by being in their IDA Program and 84% believe the financial management education classes have helped them save. 90 percent are more aware of the their credit rating. Families showed, on average, a 12% to 23% increase in their credit score depending on the credit score source. 83 percent report they are more likely to work or stay employed since opening their IDA Through May 25, 2004, 285 IDA Participants have made an asset purchase (188 homes purchased, 58 education account uses and 39 business accounts uses). The mortgages leveraged to date total more than $15.6 million (see charts on back). Leveraged $2.8 million in private sector funding, $4.1 million from the state of Michigan (including FIA and MSHDA funds) and $1.8 million in Federal Assets for Independence Act fund ing (All 5 Regional Coordinating Organizations (RCOs) have received AFIA support). Match Funding is in place for 500 additional IDA Accounts thanks to Michigan State Housing Development Authority and AFIA, however additional Direct Service support must be raised before accounts are offered. IDA Policy to Continue Growth: ~ Expand State Support for IDA Accounts through FIA and MSHDA existing budgets. ~ Reauthorization of the Assets for Independence Act with recommended changes (federal). ~ Passage ofthe Saving for Working Families Act (federal). For F urther information Contact: Eric Muschler, Michigan IDA Partnership 17177 North Laurel Park Drive, Suite 161 Livonia, Ml 48152 Phone: 734 452-3951 Email: Muschler@Earthlink.net Website: go to www.cmif.org and click on Michigan IDA Partnership 06.10.04 Board Materials91.jpg �Michigan IDA Partnership Program Status Update May 2004 Cumulative Open Accounts & Asset Purchases By Quarter 1000 986 900 BOO t------1 0 open accounts • assets purchased 500 100 0 i Asset Purchases Summary Table As of May 25, 2004 Homeownership Accounts Education Accounts Business Accounts Total Asset Purch ases Total Participant Savings Total Match Amount C urrent Mortgages Leveraged 188 58 39 285 $ 260,2 15 $ 745,640 $ 15,604,006 In addition to the quantitative impact of the growing number of IDA Asset Purchases the program is also having a qualitative impact on its participants including: • • • • All participant graduates indicate they continue to have a savings goal after the program . 94% of graduates continue to create and use household budgets. 90% of graduates feel more economically secure. 72% of graduates are satisfied with their current financial situation. 06.10.04 Board Materials92.jpg � 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_2004_BB_2004-06-10_IDA-Partnership Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book IDA partnership 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 2004-06-10 board book IDA partnership. 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, 50557 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/78d486175e86c375841f63d56b31ac8e.pdf 8555571baa68f6b886f5b84bbec07369 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. TABS June 1, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Libby Maynard, Co-Chair Government Relations Committee Rob Collier, President Re: Government Relations Committee Report The purpose of this report is three fold: • to report on the status of the Payout Study Update, • to review the call for hearings on foundations in 2004, and • to request action on items concerning State legislation and the budget crisis. The Pavout Study Update Included in the front packet of your Board book is a copy of the Payout Study Update completed by Cambridge Associates in late April. We appreciate both the speed of Cambridge Associates in completing this update in less than 60 days and the leadership of Bob Swaney, Chair of our Investment Committee, in assisting Dave Lindberg and Rob Collier with the final editing. Dave Lindberg will summarize the Update at the Board Meeting. At this time it is recommended that we not publicize this research but hold it in reserve for the likely hearings that will be held on foundations by the Senate Finance Committee in Washington later this year or in 2005. We have provided copies to targeted interested parties, such as interested members, the Council on Foundations, Independent Sector and Representative Dave Camp. Congressman Camp was pleased to add this to his information bank on foundations but indicated that he did not want to draw new attention to the payout issue at this time. While we will provide it to members upon request, it will not appear on our website at this time. We welcome your thoughts on additional targeted recipients of this important research. The Status of Congressional Hearings We received the following notice last week from Kevin Anderson, Director of Government Relations for the Council on Foundations. Dean Zerbe, ChiefInvestigative Counsel for the Senate Finance Committee, is considering Committee hearings on nonprofit-- including foundation-- practices. The hearings would review proposed legislation aimed at reforming nonprofit governance practices, focusing on perceived abuses (such as non-cash donations, tax shelters and charitable life insurance) as well as inadequate oversight and enforcement. In recent conversations with Mr. Zerbe, the Council learned that mid to late June is a possible timeframefor such hearings. In meetings with others (and reported to us), Mr. Zerbe again raised concerns about excess compensation offoundation trustees and foundation staff-- with particular mention offamily foundations. Possible areas ofreform mentioned to Council staffby Mr. Zerbe are makeup of board membership, board/trustee fees, and greater IRS scrutiny ofcompensation. At present we have no further specifics. �Government Relations Report June 2004 Page 2 Through Rob's participation in the Independent Sector Public Policy Meeting on June 1, we have learned that the Senate Finance Committee Hearing will be held before the July 4 recess and that three panels of speakers have been invited. The first panel will feature enforcement officials including the IRS Commissioner and two representatives of state Attorneys General. The second panel - speakers names not released at this time -has been titled by Dean Zerbe, head of the Senate Finance Tax Staff, "there's trouble in River City" and will focus on life insurance scams, tax shelters and gifts of over appreciated art. The third panel will focus on nonprofit governance and will include Diana Aviv from Independent Sector, the Chair of The Nature Conservancy's Advisory Panel, Bill Josephson, head of the New York Attorney General's Charitable Division, and most likely Pablo Eisenberg. Based on the language on vehicle donations and gifts of intellectual property already included in the Senate version of the Jobs Bill that has passed, there is real concern about the bunt by some members of Congress to find "Revenue Raisers". For example a possible fee of 1% on the gift of in-kind property is being discussed. Language is being drafted for legislation dealing with compensation, disqualified persons, and family foundations that will be introduced in this Session. At this time it is not expected to advance but be used to set the stage for legislation in the 2005 Session of Congress. We are hopeful that the legislation will be available for comment before the Hearing at the end of June. At this time it appears that the CARE Act in both House and Senate versions will not go to a Conference Committee in this Session. There is an effort by the American Council on Gift Annuities to try to attach the IRA Rollover provision, which is the least expensive of the proposed charitable tax breaks to the federal government and enjoys great bi-partisan support, to a larger omnibus budget bill. However, Senator Santorum, a principal sponsor of the CARE Act has resisted efforts to pull pieces out of the CARE Act. State Legislation and the budget crisis 1. Our State Partnerships As you have read in the Public Affairs Associates Updates that Sue Cuddington forwards to you, the legislature and Governor continue to spend most of their time on the budget. We are cautiously optimistic on two developments that affect our publ ic-private partnerships: first, that there will be a $200,000 appropriation for the Michigan IDA Partnership from T ANF funds in the Family Independence Agency 2005 budget; and second, that with the increase in the tobacco tax there will be funds to restore the Tobacco Settlement Partnership fund to the community foundations at the two million dollar level in 2005. But who knows what will happen between now and the Board Meeting!! 2. Action Requested on Nonprofit Response to the budget crisis The fmancial picture for the state budget continues to look bleak well into the 2006 budget year, and experts are clamoring for refonn of the state's tax structure. More than 80 state nonprofit associations led by the Michigan Nonprofit Association have signed on to the attached document Socially and Fiscally Responsible Solutions to the State Fiscal Crisis - Recommendations to the State Policymakers, and CMF has been asked to join in this effort. While CMF normally does not take a position on issues that do not directly affect philanthropy, we feel that it is important to bring this request to the Board for discussion. One of the recommendations in fact does deal with Decoupling the Michigan Estate Tax from the Federal �Government Relations Report June 2004 Page 3 Estate Tax- an issue of importance to the creation of foundations. The following resolution is thus proposed for consideration: RESOLVED that CMF add its name to the list of nonprofit organizations supporting Socially and Fiscally Responsible Solutions to the State Fiscal Crisis -Recommendations to State Policy Makers. 3. The Charitable Solicitation Act and a policy affecting private foundations The Charitable Solicitation Act, SB 1115, is moving through the Senate with testimony scheduled this week. CMF has already adopted the need to update this Act as part of our Legislative Goals Statement for 2004. One of the provisions in the Bill will now require an annual audit by any nonprofit organization that has an operating budget, including revenues, of at least $250,000 a year. This provision is similar to legislation already adopted in eight other states. This provision presents a " Best Practice" recommendation issue for CMF in its recommendations to private foundations. Until now, CMF has recommended that small private foundations under $10 million in assets have an independent audit performed at least every three years, with a review in the off years. Based on the five percent payout requirement of private foundations, this Best Practice recommendation should be lowered to $5 million. It seems fair that private foundations model what is required of public charities, and that we not wait for it to be legislated -which will likely happen at some point in future legislatures. Consensus is therefore sought by the Board on adoption of the following Best Practice recommendation: That a private foundation with five million in assets should conduct an annual independent audit. �Socially and Fiscally Responsible Solutions to the State Fiscal Crisis - Recommendations to State Policymakers The FY 2005 state budget is facing a $1.3 billion shortfall between projected state revenues and expected levels of spending. The Governor and some legislators have proposed a mixture of revenue enhancements and spending cuts to address the shortage. However, merely providing short-term solutions to the lack of revenue needed in the state is no longer acceptable. To address the budget crisis, which will only get worse in future years, the state must begin to seek long-term solutions that are fisca lly responsible and provide for a quality of life expected here in Michigan Since the Michigan government has already decreased its spending by $2 billion since FY 2000, additional cuts to programs and state services are no longer an option unless all Michigan residents are willing to decrease the level of education, health care, culture, environment, natural resources, social service progran1s and more that are available to them. In addition to support for individuals and municipalities, the state makes grants to and contracts with nonprofit organizations to provide needed services for Michigan fam ilies. Not only will additional cuts hann the individuals and municipalities that rely on direct state funding, but it will also hinder if not prevent the nonprofit community from carrying out its charitable mission. Worsening the situation are decreasing levels of foundation and individual giving, which leave organizations with few or no resources to replace funding from the state or to support the services that government may choose to no longer provide. With over 43,000 nonprofits in the state, employing more than 380,000 Michigan workers, the nonprofit sector is a powerful economic and social force in the state, howe'ver, the nonprotit sector can't be expected to meet the needs of Michigan families alone. If state policymakers do not begin to find permanent solutions to the revenue shortage, Michigan families and nonprofits must start asking themselves what level of service they want to receive from the following in their communities : • • • • • • • • • • • • • Public libraries Emergency services, such as police and fire protection State parks and other natural resource centers K-12 Schools Colleges and Universities Adequate roads and highways Theaters Museums Community centers Health Care centers Homeless shelters Workforce development programs And much more �Today, state policymakers are making difficult decisions about the quality of the public services mentioned above. Government funding to these efforts are critical to maintaining an adequate quality of life for all Michigan citizens. To begin addressing the state budget crisis and to mitigate additional cuts to the programs and services that all Michigan residents rely on, state lawmakers must create a sufficient revenue base. Possible means to address the state fiscal crisis include: Increasing the State Tax on Cigarettes - A significant increase in the cost of a pack of cigarettes would provide the state with about $295 million in revenue. This number is based on a 75-cent increase in the cigarette tax, which would roughly equate to an increase of about 4-cents per cigarette. Modernizing Michigan's Sales/Use Tax Structure to I nclude Services - Another means to address the state budget crisis, is to modernize the state sales and use tax structure to expand sales tax to services. However, the services taxed shou ld not adversely affect the ability of the nonprofit sector to carry out its charitable missions, particularly in the areas of k-12 education; the arts; higher education; enviromnent and natural resources; and health and human services. As the national and state economies shift focus to services as a major component of the economy, the state's tax structure has not matured to meet the needs of this changing economy. It is now necessary to consider the more than 164 service categories that may provide much needed revenue to the state while not providing a burden on Michigan consumers and businesses. Out of a possible 164 service categories the state only taxes 29 services, which means Michigan will forego as much as $11 billion a year in revenue at the current 6 percent sales tax rate. Possible services to tax include, but are not limited to: • • • • • • • • Dating services Storage services Investment counseling Security services Parking Hair/nail care Travel agent services Infonnation services Decoupling the Michigan Estate Tax from the Federal Estate Tax - An important way for the state to address the budget crisis is for the Michigan to join eighteen other states that have fully or partially decoupled from the federal estate tax. It is estimated that that by fully decoupling from the federal estate tax that the state could preserve over $300 million a year in annual revenues. Also, because paying the estate tax is a significant incentive to increase donations to charities, based on 2001 charitable bequest data, a repeal of the federal estate tax would translate to a loss of $325 million per year to charities across the state. �Since Michigan' s estate tax is directly tied to the federal tax, unless the state decouples from the federal tax, the phase-outs and complete repeal of the tax will further decrease revenue in the state and will further dwindle the ability of charities across the state to meet the needs of Michigan's families and children. Adjusting the Beer and Wine Tax for Inflation - Experts estimate that the tax on beer and wine could be more than doubled and businesses would rot see a decrease in sales. Since the beer and wine tax have not been adjusted for inflation since 1966 and 1982, respectively, consumers are paying a mere 1.9 cents a bottle for state tax on beer and roughly about the same amount per glass for wine. Seeing the small amount of state tax paid, this tax could be significantly increased without impacting consumption. However, the amount that would be generated for the state is significant. If the beer tax were doubled, the state would yield $42 million a year. If the wine tax were doubled, the state would have an additional $8.5 - 9 million in revenue a year. Adjusting the Mark-Up Applied to Liquor Sales - Last adjusted in 1985, the current mark-up applied to liquor is at 65 percent. Again, a significant increase in this mark-up would not necessarily impact the rate of consumption. It is estimated that a nine percent increase would yield $32 million a year in revenue for the state. Income Tax - Although the income tax reduction scheduled flr January 2004 was postponed, c iting the current budget crisis, further reductions in the personal income tax should be postponed saving the state approximately $ 160 million a year in revenue. Remote Sales - Currently, M ichigan and other states are not able to force out-of-state retailers, such as L.L. B ean or LandsEnd to collect sales tax for the states. By collecting sales tax on purchases online and via catalogue, it is estimated that Michigan would realize between $300 million to $400 million in revenue. � 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_2004_BB_2004-06-10_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50556 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/9fdd2a822cc58a61fb6abd15b9d80f2b.pdf d339600c8f214ddf5b8a119fc505be74 PDF Text Text CMF Council of Michigan Foundations Serving grantmakefl. Advancing giving. June 1, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board ofTrustees From: Lloyd J. Yeo, Chair David R . Lindberg, Vice President, Finance & Administration RE: CMF & Supporting Organizations March 31, 2004 and 2003 Audit Report RESOLVED that the Rehmann Robson March 31, 2004 & 2003, audit report, as recommended by the CMF Audit & Finance Committee, be accepted. The CMF Audit & Finance Committee met on May 26, 2004, to review and accept the Rehmann Robson March 31, 2004 and 2003 audit report. In reviewing this report it should be noted that CMF has received an unqualified opinion. During this year' s audit process Rehmann Robson performed a separate audit of the major grants that involved federal funds and reported that this review resulted in no audit findings. Brief highlights from the enclosed audit report (located in the front pocket of your Board book) follow below. Combined Balance Sheet During 2003-04 the cash for MCFV decreased by $ 1.9 million due to the WKKF III grant that was fully expended in March 2004. This reduction was partially offset by the $800,000 Lilly grant received for the Learning to Give project. Investments The increase from the prior year is due to the market gains of the U .S. stock market during the past 12 months, which resulted in gains for the CMF endowment funds of approximately 32%. In 2002-03 the CMF endowment funds experienced negative returns of 13% to 14%, for the fiscal year ending March 31, 2003. Grants Receivable The decrease from the prior year is due to the collection of the following receivable balances that were outstanding at 3-31-03. Kellogg LTG Grant Great Lakes Protection Fund Herb & Grace Dow Foundation- Riecker Fund Kresge Three-Year Technology Grant Foundation Liaison Office Net Assets $934,000 193,000 175,000 250,000 300,000 �Treasmer's Report June 2004 Page2 Unrestricted - the increase is due to the market gains on the investments of the KYIP Fund which are classified as unrestricted. Combined Statement of Activities & Changes in Net Assets Revenue Grants Support The decrease from the prior year is due to the following grants awarded in 2002-03. $1,407,000 LTG grant from Kellogg $2.4 m less Lilly grant from 01 -02$1 million. Contributions to Riecker Leadership Fund Contributions to Foundation Liaison Office FIA Reimbursement of IDA matches 991,000 398,000 627,000 Net Unrealized and Realized Gains The increase from the prior year is due to the increase in the U.S. stock market in 2003-04. Expenses Grants The decrease from the prior year is due to the reduction in Tobacco Settlement grants awarded to community foundations in 2003-04 caused by reduced funding from the State. Conference The increase from the prior year is due to increased attendance at the November 2003 Annual Conference. The previous year's conference was on Mackinac Island. I :\Scuddington\ Board of Trustees\ Meetings 2004\June I 0,2004M ateriai\TreasurersRepori· Audit .doc �CMF Council of M ichigan Foundations Serving grontmokers. Advancing giving. June 1, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Lloyd J. Yeo, Treasurer David R. Lindberg, Vice President, Finance & Administration RE: CMF Core Operations and Endowment Funds Internal Financial Statements for 3/31/04 RESOLVED that the CMF Core Operations and Endowment Funds Statement of Activity for 3/31/04, as recommended by the CMF Audit & Finance Committee, be approved. The Core Operations budget has ended the year with a surplus of $100,670 vs. a projected surplus of $98,000 that was reported to the CMF Board at the March 2, 2004 meeting. Below are some key highlights from the enclosed reports. Core Operations Note 1: Membership After closing out the 2003-04 books, delinquent members have paid $4,800 in 2003-04 dues, which will show up as revenue in 2004-05. As of May 24, 2004, 80 members have paid their 2004-05 membership dues, generating revenue of$ 132,000. Note 2: Conference Income & Expenses The variance from budget is due to attendance at the Annual Conference being less than originally budgeted. Overall the Annual Conference netted a surplus of $91 ,000 vs. a budgeted amount of$77,000, primarily due to sponsorships and exhibitor fee revenue being greater than anticipated. Paid Complimentary - speakers & volunteers Full Registrations 328 45 373 Partial Registrations 227 105 332 Total 555 150 �Internal Financial Statements June 2004 Page 2 Note 3: Wages & Benefits $59,000 of the favorable variance is due to the amount budgeted for the Director of Communications position that was filled by a third party consultant in October 2003 who is being charged to the Publications line item. The remaining variance is due to staff time allocated to special projects. Note 4: Postage The favorable variance is due to the increased use of the internet to communicate to our members. Note 5: Computers The favorable variance is due to the consultant, who administers our computer system, spending more time than expected installing the new system (which was charged to our three-year technology plan) versus troubleshooting the existing system. Note 6: Publications & Printing Based on feedback from members who said they would like to receive fewer communications pieces from CMF, the number of Memo to Members and Michigan Grantmaking Scene issues were cut back in 2003-04. The favorable variance is due to savings in the following areas: Advertising Marketing Brochure Memo to Members Michigan Grantmaking Scene $4,200 4,800 6,300 4,800 The savings above were partially offset by the hiring of a communications consultant. Note 7: Professional Services Newsclip service Public Affairs Legal Audit Fees Mise 2,000 12,000 13,561 14,930 332 �Internal Financial Statements June 2004 Page 3 Note 8: Travel Travel expenses remained below budget due to airline tickets remaining relatively low and our effort to limit trips to only those that are necessary or combine trips where possible. Travel Auto Meals Hotels $4,770 21,467 1,436 7,401 Endowment Fund Expenses for 2003-04 Allen Fund Washington DC February 2004 Hill visit (Dinner for members, travel for staff and data collection charges). $8,400 Russell G. Mawby F und Other Grants I Fetzer Support Diversity Retreat $5,ooo I Association Dues MNA Sponsorship Grantmakers Grantseekers Michigan Women's Foundation Sponsorship Johnson Center- 5-9-03 Partnership - Term Limits MNA Nonprofit Day 2003 W. MI Chapter National Philanthropy Day 2003 $1 ,000 1,500 1,000 500 500 Books & Subscriptions I Complimentary Foundation Directories $23o I Publications Giving & Volunteering Survey 6-18-03 MNA Giving & Volunteering Survey 3-25-04 RSD Establishing Charitable Foundation 4,000 4,500 700 �Internal Financial Statements June 2004 Page 4 Professional Fees Forum Marketing Project Foundation Center Hill Visit Data $1 ,340 charged to Allen Fund Clark Hill HR 7 Clark Hill Accountability, 990 PF Clark Hill Establishing Charitable Foundation $5,000 5,677 4,212 6,408 8,000 Meetings $ 11, 134 10,888 D iversity Retreat Member' s Meeting Detroit 6-03 Russell Mawby F und for Kids I Summer Intem 6,367 1 MCFYP E ndowment F und SutTm1er Conference CMU June 2003 $6,165 was charged to WKKF III Staff support for Y ACs $3,433 Total 4,000 7,433 DAJ Educational E ndowment F und Institute for New Staff- Kresge support Speaker Support Nov 2003 Annual Conference: Total $5,100 4,372 $9,472 Riecker Endowment F und Public Policy Fellow 5% of salary & travel expenses I :\Scudd ington\ Board of Trustees\Meetings 2004\June I0 ,2004M ateYiai\TreasurersRe po rt-lnterna l Finane ia ls.doc �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-03 to 3-31-04 12 Month Budget 2003-04 Revenues Member Contributions Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues 748,000 195,000 65,000 737,000 36,000 20,000 36,000 1,837,000 Program/Admin Expenses Salaries & Benefits 745,000 Occupancy 60,000 Telephone 25,000 Equipment Lease & Maintenance 9,100 Postage 42,000 30,000 Supplies 7,500 Insurance Equipment & Furniture 10,000 Depreciation 0 Computer 70,000 Association Dues 25,000 Books & Subscriptions 7,000 Publications 56,400 Professional & Contracted Services 41,800 46,000 Travel 16,600 Training & Seminars Conference & Meetings 668,300 Overhead Allocation to Spec Projects (22,700) 1,837,000 Total Program/Admin 12 Month Actual 2003-04 $715,390 185,095 70,154 494,945 34,667 2,848 25,026 1 ,528,125 Note 1 660,415 60,333 18,000 6,127 12,279 24,731 4,133 4,807 Note 3 58,223 26,425 5,833 43,221 42,822 35,074 9,450 434,062 (18,480) 1,427,455 Note 5 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 Excess Revenues Over Expenditures 0 100,670 Beginning Net Assets CHANGE IN FUND BALANCE Ending Net Assets 1,220,865 1,220,865 100,670 0 1,220,865 $1 ,321,535 1:\Scuddington\Board of Trustees\Meetings 2004\June10,2004Materialllnterna1Stmt-Core0perations.xls Note 2 Note 4 Note 6 Note 7 Note 8 Note 2 �CMF Endowment Funds Consolidated Statement of Activities and Changes in Net Assets 4-1-03 to 3-31-04 Endowment Funds Allen Fund Russell G Mawby Johnson Community Mawby Fund Fund For Kids Educational Fund Foundation Endowment Endowment 45,000 297,000 36,500 Comm Fdn MCFYP Riecker Fund Technology Fund 12 Month Budget 2003.()4 Total Revenues Spendable Income Member Contributions Additional Member Contributions Other Grants Conference Income Publications & library Services Other Income Investment Income Total Revenues 8,400 66,000 3,000 5,000 36,000 306 (233) 8,000 496,900 19,325 27,631 19,491 40 60,178 2,910,025 3,514,265 (29) 19,753 60,178 1,562,804 1,919,953 283,524 339,777 113,854 141,179 3,970 1,642 40 47,903 59,303 382,411 453,451 Program/Admin Expenses Salaries & Benefits Occupancy Telephone 215,513 251,280 245,898 291,204 6,367 58,118 58,118 11,979 10 10 Equipment lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Association Dues Books & Subscriptions Publications & Printing Professional & Contracted Services Travel Training & Seminars Conference & Meeting Total Program/Admin 36 1,340 4,274 1,500 4,248 11,400 54 20 1 54 239 500 5,000 230 9,200 32,637 5,526 2,640 59,893 127,408 4,500 230 9,200 30,547 9 612 22,022 66,508 647 8,381 750 501 1,140 23,186 29,557 9,472 9,4 72 130 318 2,090 496,900 21,300 44,000 562,200 322.000 1,200 10,200 3,500 5,200 5,500 2,100 1,200 11,700 2,600 18,600 37,000 14,300 500 126,600 562,200 GRANTS Challenge Grants Mini·Grants Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures 47,903 386,943 242,899 281,732 1,919,953 310,220 139,089 58,118 3,386,857 Beginning Net Assets Transfer from Other Funds Excess Revenues over Expenditures Ending Net Assets 131,476 1,098,854 620,687 721,960 855,738 984,518 382,593 47,903 386,943 $179,379 $1,485,797 242,899 $863,586 281,732 $1,003,692 4,423,432 35,762 1,919,953 $6,379,147 310,220 $1,165,958 139,089 $1,123,607 58,118 $440,711 9,219,258 35,762 3,386,857 $12,641 ,877 1:\Scuddington\Board of Trustees\Meetmgs 2004Wuoe 10.2004Matetiai\EndowmentFundsStmtofActlvities.xls 9,219,258 $9,219,258 �CMF Council of Michigan Foundations 5erving 9rantmakers. Advancing giving. TAB3 June 1, 2004 Memo to: S. Martin Taylor, Chair and Members of the Board ofTrustees From: Herbert (Ted) D. Doan, Member Investment Committee Re: March 31, 2004, Investment Report RESOLVED that the March 31, 2004, Investment Report, as reviewed by the Investment Committee, be accepted. On a quarterly basis, the combined Investment Committee for the Council of Michigan Foundations (CMF), Michigan Community Foundations' Venture (MCFV) and the Michigan AIDS Fund (MAF), meets to review the investment performance for the operating and permanent endowment fu nds. The Investment Committee met on May 18, 2004 to review and accept the enclosed report. Through the end of March 2004 the U.S. stock market has continued to rebound, with the endowment funds experiencing returns in the 30-35% range for the twelve months ending March 31,2004. The Investment Report is presented in three sections. Investment Performance Report The benchmark is based on the targeted asset allocation formula listed below, using the Lipper median returns provided by Comerica on a quarterly basis. Asset Class S&P 500 S&P400 S&P 600 REIT International Equities Short Bond Bond High Yield Bond Fund Cash Allocation 37% 9% 6% 5% 13% 12.5% 12.5% 5% 0% �Investment Report June 2004 Page 2 The Lipper returns are based on the following asset classes. Lipper Large Cap Core Lipper Mid Cap Core Lipper Small Cap Core Lipper Real Estate Equity Lipper International Lipper Corporate Debt A Rated Fixed Income Asset Allocation Report The Investment Committee has approved an asset allocation re-balancing policy that instructs CMF' s Vice President ofFinance to rebalance the endowment fund portfolios on a quarterly basis. To keep administrative time to a minimum CMF maintains one checking account to pay all endowment fund expenses. The negative cash balances are the result of endowment fund expenditures from the CMF checking account, which are periodically reimbursed, by transferring cash from the endowment funds to the CMF general checking account. The Margaret Riecker Leadership Fund received a $200,000 pledge payment during the forth quarter of2003-04, which caused the actual asset allocation to vary from the target at March 31, 2004. Investment Performance Comparison Report In addition to the Lipper returns, the Investment Committee uses the Cambridge & Associates, Inc. pool of colleges, universities, and foundations as a benclunark comparison. The release of this infonnation typically takes two to three months, which is why this report lags by one quarter. I :\ Scuddington\ Board of Trustees\Meetings 20 04\J une I0,2004 M aterial\ lnvestme ntReport.doc �Council of Michigan Foundations Asset Allocation March 31, 2004 Investment Balance 3-31-04 Actual Asset Allocation Targeted Asset Allocation $5,036,791 100% 100% MCFYP Operating & Special Projects $613,674 100% 100% Michigan AIDS Fund $636,166 100% 100% Operating Funds CMF Operating Fund Note: All operating funds are invested in money market accounts. Endowment Funds William Allen Endowment Fund Cash Equivalents Fixed Income Equities ($1,213) 53,928 126,663 $179,378 -0.7% 30.1% 70.6% 100.0 % 0% 30% 70% 100% Russell G. Mawby Endowment Fund to Improve & Increase Philanthropy and Ruth & Russ Mawby Fund for Kids Cash Equivalents Fixed Income Equities (9,425) 696,450 1,662,356 $ 2,349,381 -0.4% 29.6% 70.8% 100.0% 0% 30% 70% 100% $71,881 1,861,245 4,446,022 $6,379,148 1.1% 29.2% 69.7% 100.0% 0% 30% 70% 100% $2,669 295,925 705,100 $1,003,694 0.3% 29.5% 70.3% 100.0% 0% 30% 70% 100% $ Community Foundation Endowment Cash Equivalents Fixed Income Equities Dorothy Johnson Educational Fund Cash Equivalents Fixed Income Equities 1:\Scuddington\Boa rd of Trustees\Meetings 2004\June10,2004Materialllnvestme nt Report 6- 10-04.xls �Council of Michigan Foundations Asset Allocation March 31, 2004 Investment Balance 3-31-04 Actual Asset Allocation Targeted Asset Allocation $77,992 3,870,661 9,249,173 $13,197,826 0.6% 29.3% 70.1% 100.0% 0% 30% 70% 100% $8,507 341,813 815,636 $1, 165,956 0.7% 29.3% 70.0% 100.0% 0% 30% 70% 100% $209,666 176,345 420,003 $806,014 Note: This balance does not include outstanding pledges 26.0% 21.9% 52.1% 100.0% 0% 30% 70% 100% 1.1% 29.0% 69.9% 100.0% 0% 30% 70% 100% KYIP Fund Cash Equivalents Fixed Income Equities MCFYP Endowment Fund Cash Equivalents Fixed Income Equities Margaret A. Riecker Leadership Fund Cash Equivalents Fixed Income Equities Community Foundation Technology Fund Cash Equivalents Fixed Income Equities $5,050 127,758 307,904 $440,712 1:\Scuddington\Boa rd of Trustees\Meetings 2004\June10,2004Materialllnvestment Report6-1 0-04.xls �Council of Michigan Foundations Permanent Funds Investment Performance Report March 31, 2004 One Year Actual Bench Return Mark Compound Annual Three Year Actual Bench Return Mark Five Year Actual Bench Mark Return William Allen Fund 32.89% 30.22% 5.61% 4 .26% 3.59% 3.73% Mawby Endowment Funds 32.01% 30.22% 5.90% 4 .26% 4 .20% 3.73% Community Fdn. Endowment Fund 32.26% 30.22% 5.95% 4 .26% 4.25% 3.73% Johnson Educational Fund 31.16% 30.22% 5.86% 4 .26% KYIP Fund 31.57% 30.22% 5.78% 4 .26% MCFYP Endowment Fund 31.53% 30.22% N/A 4.26% N/A 3.73% Margaret Riecker Leadership Fund N/A 30.22% N/A 4.26% N/A 3.73% Community Fdn. Technology Fund N/A 30.22% N/A 4.26% N/A 3.73% N/A 3.74% Bench Mark Is based on the targeted asset allocation using the Lipper median returns for the following categories Lipper Large Cap Core Lipper Mid Cap Core Lipper Small Cap Core Lipper International Equity Lipper Corp. Debt A Rated Fixed Income Returns are net of fees Actual Returns Are net of investment management fees. The Dorothy A. Johnson Educational Endowment Fund became fully invested in October 2000. MCFYP Endowment Fund became fully invested in October 2001 Margaret Riecker Leadership Fund became fully invested in July 2003 Community Foundation Technology Fund became fully invested in October 2003 1:\Scuddington\Board of Trustees\Meetings 2004\June10,2004MaterialllnvestmentPerformanceReport.xls 3.73% 3.73% �Council of Mic higan Foundations & Supporting O rganizations Perman ent Fu nds Investment Performance Compariso n Report 12/31/2003 Quarter Ending 12-31 ·03 Actual Retum Lipper Cambridge Foundation {Medll'ln! POOl II O ne Year Ending 12·31~3 Actual Retum I Th ree Years Ending 12-31-03 Lipper Cambridge Foundation (Median! POOl Actual Retum Upper Cambridge Foundation (Median~ POOl Five Years Ending 12-31~3 Actual Return Cambridge Upper Foundation (Median} Poo< Allen Fund 9 .44% 9.14% 8 .70% 23.83% 23.82% 22.50% 1.36% 0.65% 3.10% 3.2 1% 3.04% 5.90% Mawby Funds 9 .73% 9.14% 8.70% 25.46% 23.82% 22.50% 2.40% 0.65% 3.10% 4.12% 3.04% 5.90% Community Foundation Fund 9 .80% 9.14% 8 .70% 25.68% 23.82% 22 .50% 2.32% 0.65% 3.10% 4 .13% 3.04% 5.90% D. Johnson Education Fund 9 .62% 9.14% 8.70% 24.50% 23.82% 22.50% 2.35% 0.65"1. NIA NIA 3.04% NIA KYIP 9 .78% 9.14"1. 8 .70% 24.6t% 23.82% 22.50% 2.1 1% 0.65% 3.10% 3.61% 3 .04% 5.90% MCFYP Endowment Fund 9 .73% 9.14% 8 .70% 24.71% 23.82% 22.50% NIA 0.65% 3.10% NIA NIA NIA Reicker Endowment F und 9 .59% 9.14% 8 .70% NIA 23.82% 22.50% NIA 0.65% 3.10% NIA NIA NIA NIA 9.14% 8 .70% NIA 23.82% 22.50% NIA 0.65% 3.10% NIA NIA NIA Community Found Te<:h Fund OAJ Fund was not fully invested until July 2000. MCFY P Endowment was established in May 2001 Bench Marks W ilshire 5000 S &P 500 Russell 2500 LB Aggregate MSCt EAFE r.Pt. tl ·2 .5% -4 .1% 6 .6% 7.6% ·2.9% 19'% Note: Cambridge returns are based on a pool of 340 foundations. colleges and untversities. Cambridge returns reported are median numbers . Asset Allocation US Equ•bes International Equities Fixed lllCOme Cash Ot her Total Other Real Estate Hedge Funds Distressed Secunbes Atbitra9(! Venture Capital Privale Equ•ty Oil & Gas Partner ships High Yield Boods Qthe, • Represents the latest return numb6rs avaitable from Cambridge. Cambridge CMF Poo< Ta~et 40.7% 15.5% 52.0% 13.0"1. 19.8% 4 .1% 19.9% 100.0% 25.0% 0.0% 10.0% 100.0% 2 .9% 6.5% 1.1% 3.4% 1.2% 1.8% 0 .5% 0 .8% 1.7% ~ 5.0% 5.0% � 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_2004_BB_2004-06-10_Financials Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50555 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/d47971f4182b6f2ff7a054eaca4694ae.pdf 3939f29c3c45cf39f4e97f7d4558edcd PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. TABlO June 1, 2004 To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Julie F. Cummings, Vice Chair, Private Foundations & Chair, Family Philanthropy Committee Susan Howbert, Director, Family Philanthropy Services Subject: Family Philanthropy Report We are pleased to highlight the following activities for family foundations since the last Board Meeting: Family Philanthropy Study Trip to Florida- March 9 & 10 Twelve CMF family foundation members were joined by eighteen Florida family foundation trustees and staff, for the two-day study trip, co-sponsored with our sister organization, Donors Forum of South F lorida. CMF's study trip program is unique for providing the opportunity to meet, learn and share with experts and family foundation trustees from another State and for allowing all participants to join in the dialogue due to the small size of the group. Day One of the workshop focused on Early Childhood Education with David Lawrence, Jr., President, The Early Childhood Initiative Foundation in Miami, and former publisher of the Detroit free Press and the Miami Herald, leading the discussion. Early childhood panelists included: Wendy Masi, A. L. Mailman Foundation, John & Nancy Colina, Colina Foundation, and Tana Ebbole, Children' s Service Council and Board member of Donors Forum of South Florida. The day concluded with a networking dinner at the home of Julie and Peter Cummings with special guest, Max Fisher! Day Two concentrated on the role of arts in education with presentations by the Executive Directors of the Center for Creative Education and Arts for Learning, plus a site visit to the Wynnbrook Elementary School. At the closing luncheon, participants focused on the important issues of accountability and governance in a conversation led by Rob Collier. Be Ready by Five Initiative Members of the Family Foundations Early Childhood Initiative, "Be Ready by Five" met on March 29 at the home ofCMF trustee, Betsy Stover. Committee members welcomed Lynne Ferrell, Program Officer, Frey Foundation, who will be providing program support to the Be Ready Initiative. Lynne will be participating in meetings, sharing expertise, research, and best practices, and working with family foundations in Michigan who are interested in making early childhood grants. Next steps include meeting in Grand Rapids to make site visits to early childhood programs. We thank the Frey Foundation for its support of this family foundation initiative. 06.10.04 Board Materials77.jpg �Family Philanthropy Report June 2004 Page 2 .§!h Annual Family Foundations Retreat - April 30 - May 2, 2004 Over seventy family foundation trustees and staff participated in the 6th Annual Family Foundations Retreat, "Making a Difference in Our Communities," held in Midland. Thanks to the leadership ofRaony Riecker, Ted Doan and the collective group of Midland foundations, this year's format featured programs at five different nonprofit locations throughout the Midland area including the West Midland Family Center, Midland Senior Services Building, Midland Center for the Arts, Michigan Molecular Institute, and the Midland Historical Society Museum. The Retreat offered a unique opportunity for participants to learn how community needs are identified, and the ins and outs of collaborating with community organizations, community foundations, local government, schools and other private foundations. While the adults were learning how to be more effective grantmakers, family foundation youth from 8- 17 years of age were participating in a youth grantmaking activity. Planned by the Midland County Youth Action Council, youth explored philanthropy including making site visits, reviewing proposals and awarding grants. Grants of $300 were awarded to the Meridian Elementary Parent Teacher Organization, Midland County Educational Service Agency, and The Arnold Center. Thanks to the Cook Family Foundation and Paine Family Foundation for their continued support of this important youth activity. All participants, young and old alike, enjoyed the two special Retreat evenings. Friday night featured a reception and dinner at both of Midland's National Historic landmarks The Pines, the historic homestead of Herbert H. and Grace A. Dow, and The Alden B. Dow Home and Studio, home of Alden B. Dow, renowned architect and son of Herbert H. and Grace A. Dow. On Saturday night, everyone boarded an authentic English double-decker bus to travel from the hotel to the Midland Center for the Arts for dinner and a special visit to the Pearls: A Natural History exhibit. The Family Philanthropist newsletter The spring 2004 edition was mailed to our members in April, and featured articles on: • Minimizing the impact of family dynamics in the family foundation, • Collecting grantee information and maintaining records, • Getting ready to file the 990 PF, and • Developing grantmaking guidelines. The second edition of the National Family Philanthropist, corning out in July, will focu s on "Promising Practices in Family Philanthropy," and will feature articles on governance, investment, and grantmaking. CMF is collaborating with the Ohio Grantmakers Forum on this newsletter for family foundations. Currently, thirteen regional associations subscribe. 06.10.04 Board Materials78.jpg � 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_2004_BB_2004-06-10_Family-Philanthropy Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book family philanthropy 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 2004-06-10 board book family philanthropy. 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, 50554 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/4e0118854ce8e86f623b7048aebac81a.pdf ded522d2eb04452ed81554baf704479e PDF Text Text CMF Council of Michigan Foundat ions Serving gmntmakers. Advancing giving. June 1, 2004 TAB 7 Memo to: S. Martin Taylor, Chair and Members ofthe Board ofTmstees From: David Egner, Chair, Principles and Practices Task Force Rob Collier, President Re: Education and Compliance Policy At the request by the Board ofTmstees, the Principles and Practices Task Force met by conference call on April 23 to consider adoption of policies on two issues: response to allegations of inappropriate institutional conduct by Michigan foundations and tmstee compensation. As a result of our conference call, the following two policies are presented for consideration. In presenting this first policy, the Task Force recognized that CMF has no legal authority or jurisdiction to take such actions, but is acting in the best interests of the field of organized philanthropy in Michigan. RESOLVED that the following policy be adopted to deal with allegations of inappropriate institutional conduct by a Michigan foundation, regardless of whether the foundation is a member of the Council of Michigan Foundations. Policy "A confidential inquiry may be initiated by the president in response to allegations of inappropriate institutional conduct (such as conflict of interest, self-dealing, excess compensation) that may come to CMF's attention through media coverage, personal communications to members ofCMF' s board or staff, and referral from the attorney general's staff. If the results of this inquiry warrant further action, the president will select a panel of up to five experienced grantmakers from a list already approved by the Board of Tmstees, to examine the allegation of inappropriate conduct. The panel will then consider courses of action that CMF might take and recommend appropriate action to the president and board. The panel may recommend: (I) no action or contact with the foundation - member or nonmember or (2) contact with the CEO and or Chair of the foundation in person and/or in writing to review the allegation, investigate the facts, and obtain commitment to or evidence of corrective action. Depending on the level of response, this contact may be expanded to the whole board of the foundation. The response(s) will be shared by the president of CMF with the panel members. The panel would report to the board on such referrals and recommend a probationary period or revoking membership if it is deemed appropriate . Any decision by the board shall be communicated in writing to the foundation. The foundation will be offered an opportunity to submit a written response and to make a direct presentation to the board. In approving any actions, the board shall decide whether any of its actions or communications will be made public. Any public statement would be made only after careful consideration of the facts and review with legal counsel. If corrective action is not forthcoming in ninety days, the president will under appropriate circumstances refer the foundation to the Charitable Tmst Office of the Attorney General. The foundation in question will be given a copy of the correspondence outlining the allegations and efforts to secure a satisfactory response." �Education and Compliance Policy June 2004 Page2 Background The above policy will help CMF respond to the question- "what does a regional association of grantmakers do if they hear of allegations of institutional misconduct- defined as actions that may be illegal, involve self-dealing or excess compensation and/or be viewed as unethical if not illegal." This question has been asked by a member of Congress, staff to members of Congress and representatives of state regulators and attorney general staff. While the Council on Foundations (COF) has proposed a special task force under their "Building Strong and Ethical Foundations" initiative to examine this issue, each regional association of grantmakers in the country is being asked to consider adopting a policy to respond to this question. Creation of a panel process as proposed will strengthen CMF's ability to contribute to the field's capacity for self review and to fulfillment of its goal to educate members about best practices and champion sound and ethical philanthropy. Creation of the panel does not mean that CMF is becoming a regulatory agency. It may help prevent the need for further state or federal oversight and demonstrate the field's eagerness to comply with the letter and spirit ofthe law. Although any foundation or trustee, who may be the subject of a review, could file a lawsuit, we have been advised by CMF's legal counsel that the risk of liability is quite remote. There was consensus by task force members that the peer support and educational value must be emphasized. There was consensus that the climate with increased media scrutiny and internet accessibility of990PF forms reinforces the need for such a policy. Mr. Tamacki, CMF's legal counsel, who participated in the conference call, noted that the ability to refer a foundation to the Office of the Attorney General provided important "teeth" to the policy, but that would clearly be used in cases where a legal violation has occurred. There was discussion by members of the task force on if and how this policy would be shared with CMF members. RESOLVED further that the three steps outlined in the intermediate sanctions rules that apply to public cha rities be a dopted and recommended for use t o private foundations when considering issues related t o compensation. Background Because private foundation law has no recommended practice for determining compensation, it is recommended that the process outlined in the intermediate sanctions regulations be adopted. Reasonable compensation is generally defined as what similar persons in similar positions with similar duties at similar organizations are paid. Therefore, most foundations rely on salary and compensation surveys to guide them in finding a reasonable level of compensation. Foundations also often compare compensation levels with specific foundations of similar size, operations and geographic location. Some foundations contract with independent advisors to determine reasonable compensation and benefits. Private foundation law prescribes penalty excise taxes for excessive compensation. In 1996, Congress passed the so-called "intennediate sanctions" rules that apply only to public charities. These rules now prescribe similar excise tax penalties that can be applied in instances of excessive compensation involving public charities. �Education and Compliance Policy June 2004 Page 3 In publishing the final regulations to implement the intermediate sanctions rules, the Treasury Department set forth procedures known as the "rebuttable presumption" rules, which provide a presumption of reasonableness for any public charity that follows them. In the context of intennediate sanctions, when a charity (or its governing board) approves a level of compensation, the law will presume that it is reasonable so long as certain steps are taken. Under the regulations implementing the intermediate sanction rules, three conditions must be satisfied to take advantage of the rebuttable presumption: 1. Approval by a disinterested governing board. The compensation anangement must be approved in advance (before any payment) by the governing body of the organization, which is composed entirely of individuals who do not have a conflict of interest with respect to the compensation anangement. 2. Reliance on comparable data. Prior to making its determination, the governing body must obtain and rely upon data regarding comparability of compensation. 3. Concunent documentation. The governing body must adequately document by an entry in the minutes of the appropriate meeting the basis for its determination concunently with making that detern1ination (within 60 days of the decision or the date of the next meeting of the governing body, whichever is later). This policy is being recotm11ended by the task force because there are cases of excess compensation by Michigan foundations being brought to CMP's attention. CMP staff can use this policy as an educational tool to help both members and nonmembers in responding to the question, what is reasonable compensation for trustees and/or staff? � 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_2004_BB_2004-06-10_Education-and-Compliance Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book education and compliance 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 2004-06-10 board book education and compliance. 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, 50553 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/7d52e5708cfbae54d40bbc37d901d74a.pdf 4ea1edc9438cc78c8abd899dfcb2ac32 PDF Text Text CMF Council of Michigan Founaations Serving grantmakers. Advancing giving. TAB9 May 29,2004 To: S. Martin Taylor, Chair, & Members of the Board of Trustees From: Russ Gabier and Sandra Ulsh, Program Committee Co-Chairs Re: Grantmaking with Trust & Integrity 32"d Annual Conference Update November 3-5, 2004- Hyatt Regency, Dearborn The theme Grantmaking with Trust & Integrity has been selected for the 32nd Annual Conference in Dearborn. Our terrific Program Committee includes, for the first time, a youth grantmaker- Donald Kinnee from the Branch County Community Foundation Youth Advisory Committee. The Program Committee has had two engaging and productive meetings on: • • April 16 in Lansing - developed a preliminary list of sessions, ideas for plenary session speakers and for improving Resource Central and other conference resources and activities. May 27 in Dearborn-- finalized session topics, provided additional input on Resource Central and other resources and activities, and toured the Hyatt Conference planning highlights to date include: • Three plenary sessions with: • Dr. Mary Sue Coleman, president, University of Michigan on "Trust and Risk in Michigan's Future" focusing on maintaining public trust in the state's higher education system and its role in building the state's future economy • Hodding Carter, president, Knight Foundation and a leading journalist on "Communicating Trust and Integrity" focu sing on foundations and the media. • The annual Donor's Platform speaker. Discussions are underway with representatives for Denzel Washington and Lily Tomlin. • Eight mini-plenary sessions and 24 concurrent sessions addressing topics in six categories: foundation administration, communications, grantmaking skills and issues, governance, investments, and public policy (covering teach of the Committee's six focus issues). See Table Two for specific titles. • Two Experienced Grantmaker Workshops featuring: (a) Dr. Larry Gant, University of Michigan, on GIS mapping; and (b) Jan Jaffe, Ford Foundation GrantCraft Project on social change grantmaking; • A redesigned Resource Central area offering the CMF Bookstore, Cyber Cafe to check e-mail, partner tables, poster sessions, exhibitors, interactive stations, member publications and websites, and more �• Site Sessions including ACCESS for reinventing nonprofits, the River Rouge Plant for green buildings, The Henry Ford for charter schools, MASCO headquarters for arts and public funding, and Humbug Marsh for the Greenways Initiative • Breakfast Roundtables organized by role, foundation type, and grantmaking topics to be identified by the Program Committee Promotion To surpass our goal of 400 full and 250 partial registrations, on-going announcements and articles in CMF's print and electronic newsletters will feature the Conference along with a special area on the CMF website that will include drawings for reduced conference registration fees. In addition, CMF will: • Mail a Save-the-Date postcard (June), Registration Brochure (early August), and Reminder Card (September) to approximately 5,500 staff and trustees of CMF member and non-member foundations Sponsorships & Exhibitors For the 32"d Annual Conference, CMF has invited its corporate members to become sponsors and/or exhibitors. This year's Sponsorship Program has been refined based on feedback from 2003 sponsors. Our goal is to attract $165,000 in sponsorships at $ 15,000, $10,000,$5,000, and $2,500 levels. We are delighted to have four fim1 sponsors to date: • Comerica and Merrill Lynch at the $15,000 level • Smith Barney at $5,000 • Williams Group at $2,500 Additional Information See the following Attachments for more detail. • Attachment One -- Draft Conference Schedule • Attachment Two- Mini-plenary and Concurrent session topics • Attachment Three -Program Committee members • Attachment Four - Sponsorship Opportunities �ATTACHMENT ONE 2004 Annual Conference Draft Schedule Day 1/Weds. Nov. 3 8:30-llmn 9:00am - I :30 pm 9:00am - I :30 pm 12:30 - 1:30 pm 2:00 - 3:00 pm 3:00 3:30 3:30 6:00 - 3:30 pm 4:45 pm 5:30 pm 9:30 pm Day 2ffhurs. Nov. 4 7:00am- 5:30pm 7:15 - 8:00am 8:00 - 9:30 am 9:45 - II :00 am I I: 15 - II :45 am Jl:l5am-12:30pm 11:15am-12:30pm 12:45- 2:45 prn 3:00 - 5:30 pm 3:00 - 5:30 pm 6: 15 - 9:30 pm Day 3/Fri. Nov. 5 7:00am - J2:15pm 7:00am - Noon 9:00 - 10:30 am 7:30 - 8:30 am 8:45 - 10: 15 am 10:15 - 10:45 am 10:45 - Noon 12:15-2:00 pm Event CMF Board of Trustees Meeting Community Foundation Meeting & Luncheon Corporate Grantmaker Workshop & Luncheon Networking Luncheon - Family & Independent Foundations Opening Plenary- Dr. Mary Sue Coleman, Pres. U of M on " Trust & Risk in Michi~an's Future" Refreshment break Concurrent Sessions (6) Resource Central/Exhibitors Reception/Dinner/Entertainment & Recognition of Honorary Chairs H yatt Regency Resource Central!Cyber Cafe/Exhibitors Breakfast Mini-Plenary Sessions (4) Concurrent Sessions (6) Refreshment Break CMF Advisory Cabinet Meetin~ Concurrent Sessions (6) Lunch, Annual Members Meeting, Plenary #2- Hodding C arter, Knight Foundation president + journalist on on foundations, the press, and accountability Site Visits & Tours Experienced Grantmaker Seminars (2) Dinner & Entertainment - Henry Ford Museum Registration Resource Central/Cyber Cafe/Exhibitors Dr. Is ln Breakfast Roundtables Mini-Plenary Sessions (4) Refreshment Break ConcutTent Sessions (6) C losing Luncheon/Plenary #3 - Donors Platform (TBD)- potential speaker s include Denzel Washington & Lily Tomlin �ATTACHMENT TWO Category Communications Grantmaking Governance Investments Public Policy Public Policy Public Pol icy Public Policy MINI-PLENARY SESSIONS Topic Building Leadership among Youth Listening to Grantees {results of survey of grantee attitudes) Doing it Right: Foundation Accountability (with COF) 2004-2005: Where is the Economy Going? Washington/Lansing Update Taxes & Our States Future Mental Health Making The Schools Public Again Category Administration Administration Administration Administration CONCURRENT SESSIONS Topic Role of the Audit Committee Sustainability Primer for Community Foundations Reading Non-profit Financial Statements Fund Development for Community Foundations and Public Charities Communication Communication Grantmaking G rantmaking G rantmaking G rantmaking G rantmaking G rantmaking Dealing with the Media Developing An Effective Communication Strategy lntergeneration Programs: The Community Schools Model Growing & Keeping Technical, Scientific, Engineering Talent in Ml Building Accountability: Helping Nonprofits Develop Real Outcomes Youth Grantmaking: Past, Present, Future Operating Support Grants Reach New Heights! After School - Where are the Children? Governance Governance Governance Is it Time for a Board Makeover? Passing the Baton: Trustee Succession Planning Evaluating Your Foundation 's CEO Investments Investments Investments Investing I 0 l: Review of the Basics for Foundation Trustees Alternative Investments Mission Driven Investing Public Public Public Public Public Public Status of Women and Girls in Michigan Progress & Possibilities: Moving Forward on Land Use Policy Reform How to Change Tomorrow by Working with Children Today Arts & Economic Development & Cool Cities Jobs: A Community, Region, State Concern The Advocacy Great Debate Policy Policy Policy Policy Policy Policy �Attachment Three 32nd Annual Conference Program Committee COMMUNITY FOUNDATION Robin Ferriby Community Foundation for Southeastern Michigan Donald Kinnee Branch County Commun ity Foundation Kate Luckert Grand Rapids Community Foundation Jennifer Richards Barry Community Foundation Shelly Schadewald The Jackson County Community Foundation Ann Arbor Area Community Foundation Sue Sharra INDEPENDENT FOUNDATIONS Sandy McAlister Ambrozy The Kresge Foundation Andrea Cole The Skillman Foundation R uss Gabier I rving S. Gilmore Foundation Maggie Jaruzel Charles Stewart Mort Foundation Glenn Kossick Metro Health Foundation Donna Lartigue W.K. Kellogg Foundation Michael VanBuren W.K. Kellogg Foundation CORPORATE GRANTMAKERS Donna Murray-Badgett Fifth Third Bank Ina Fernandez Munder Capital Management Barbara A llen Hall Whirlpool Foundation Smith Barney Citigroup J. Larry Lipton Greta Mobley General Motors Foundation Steve Nedwicki Comerica Bank lra Strumwasser Blue Cross Blue Shield of Michigan Foundation Bank One Jason Tinsley Sandra Ulsh Ford Motor Company Fund DeJuan Woods Fifth Third Bank FAMILY FOUNDATIONS Sharnita Johnson Carol Paine-McGovern Leonard Smith Ruth Mott Foundation Paine Family Foundation Ethel and James Flinn Family Foundation OPERATING FOUNDATIONS Tim Wintermute The Hannan Foundation PUBLIC CHARITIES Judith Jackson D etroit Youth Foundation �Attachment Four 32nd Annual Conference November 3-5, 2004 Hyatt Regency, Dearborn SPONSORSHIP OPPORTUNITIES F our Star Sponsor - $15,000 > Priority placement of corporate logo & link to corporate website in Annual Conference area of CMF web site from July 2004- June 2005 (pre-event promotion through post-event recap) - 30,000 hits per month > Priority listing in conference signage (by sponsorship level) > If exhibiting, I st choice of exhibit booth location (separate fee- see enclosed Application) > And, Option A orB below: A: Yz Page Ad in Conference Registration Brochure (mailed to 5,000) & in Conference P rogr am B: Logo on conference tote bag (available to one sponsor only - first to request) Three Star Sponsor- $10,000 > Placement of corporate logo & link to corporate website in Annual Conference area of CMF web site from July 2004- June 2005 (pre-event promotion through post-event recap) - 30,000 hits per month > Y. Page ad in Conference Registration Brochure (mailed to 5,000) > Y. Page Ad in Conference Program > Listing in conference signage (by sponsorship level) > If exhibiting, 2"d choice of exhibit booth location (separate fee- see enclosed Application) T wo Star Sponsor - $5,0 00 > P lacement of corporate logo in Annual Conference section ofCMF web site from July 2004- June 2005 (pre-event promotion through post-event recap) - 30,000 hits per month > Ys Page Ad in Conference Program > Listing in conference signage (by sponsorship level) > If exhibiting, 3'd choice of exh ibit booth location (separate fee - see enclosed Application) One Star Sp onsor - $2,500 > Single Line Listing in Conference Program > Listing in conference signage (by sponsorship level) > If exhibiting, 41h choice of exhibit booth location {separate fee - see enclosed Application) W e would like to sponsor at t he following level: $15,000 - - $10,000 $5,000 - - $2,500 For other levels, please call Vicki Rosenberg Organization: - - - - - - - - - - - - - - - - - - Contact Person & Title: - - - - - - - - - - - - - - Address: - - - - - - - - - - - - - - - - - - - City/State/Zip: - - - - - - - - - - - - - - - - Phone: _ _ _ _ _ _ _ __ Fax: _ _ _ _ _ _ _ __ E-mail Address: - - - - - - - - - - - - - - - - - - RETURN THIS F ORM TO: Barbara A. Dryer Council of Michigan Focmdations One S. Harbor Drive, Suite 3 Grand Haven, MI 49417 Phone: 616.842.7080 Fax: 616.842.1760 � 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_2004_BB_2004-06-10_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50552 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/67d1c432c9ecdd4559d82f2610d6e4d0.pdf 93bc63b67abc8e3d8ff6985936d0b9f4 PDF Text Text CMF Council of Michigan Foundations Serving grontmakers. Advancing giving. TABS June I, 2004 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Vicki Rosenberg with CMF Communications Team (Mike Gallagher, Kathy Ginocchio, Robin Smith) Re: CM F Communications Plan Overview Our CMF Communications Team looks forward to reporting on the process and outcomes of research and development it has conducted toward creating a new CMF Strategic Communications Plan. Our goal is to create a plan that can advance the CMF mission, vision, and key strategic objectives, most specifically to: 1. Make CMF the premier resource/most credible voice on the work of members, Michigan philanthropy, and foundation establishment and for current and potential members, policymakers, professional advisors, and the media. 2. Inform/raise members' awareness about critical issues, the work of peers, and CMF. 3. Promote Michigan philanthropy to target audiences including member and non-member foundations, policymakers, professional advisors, the media and the public. 4. Retain and recruit members. 5. Be a model membership association Our research has included: Gathering data about: o Target audience behaviors, needs, and preferences o The effectiveness of current CMF communication tools and strategies o Best practices and emerging issues in communications. Improving CMF communications & marketing including: Internal capacity and systems • The corporate branding system Tools and strategies • • Conducting preliminary market tests of new products and services Identifying operational and programmatic changes needed to support successful implementation of a Communications P lan. Based on the outcomes of this research, the Communjcations Team wi ll present recommendations on : the CMF branding system, phase two data gathering, core messages, and improvements to marketing and communication tools and strategies. We look forward to receiving your input and counsel on the Plan and to moving forward to its completion and launch. � 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_2004_BB_2004-06-10_Communications-Plan Title A name given to the resource Council of Michigan Foundations 2004-06-10 board book communications plan 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 2004-06-10 board book communications plan. 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, 50551 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/96f4483ed313ce7771d5953ee0b896a5.pdf 11a5f7464d4c8d7a66ef3a4acc057a76 PDF Text Text CMF Council of Michigan Foundations Srrving grontmoters. Advancing giving. Board of Trustees Meeting Thursday, June 10, 2004 W.K. Kellogg Foundation Boardroom 8:30 a.m. - 12:00 p .m. AGENDA I. Call to Order II. Action Items III. TAB S . Martin Taylor, Chair A. Approval of the March 2, 2004 Board of Trustees Meeting Minutes and July 18, 2003 Executive Committee Meeting Minutes 1 B. Treasurer's Report Lloyd Yeo Audit Report for 3/31/04 (front pocket) Financial R eport for 3/31/04 2 c. Investment Committee Ted Doan 3 D. Membership Committee B etsy Upton Stover 4 E. Government R elations D ave Campbell Payout Study Update (front pocket) 5 F. Public Policy Report Vicki Rosenberg 6 G. Principles and Practices Task Force D ave Egner 7 H. Communications Plan Vicki Rosenberg 8 9 Reports A. 32nd Annual Conference Russ Gabier/Sandy Ulsh & Vicki Rosenberg B. Family Philanthropy Julie Cummings 10 c. Learning to Give U pdate Kathy Agard 11 �Board of T rustees Agenda June 10, 2004 Page 2 Tab IV. D. Diversity & Inclusion Leadership Committee Gerald Smith/Libby Cherin E. President's Report Robert Collier F. Michigan IDA Partnership G. Other Eric Muschler Adjournment to the Kellogg Room, 2"d Floor 12:00 p.m. Lunch Next Meeting Date: Wednesday, November 3, 2004 8:30a.m. - 11:00 a.m. 32"d Annual Conference (November 3-5, 2004) Location: Dearborn Hyatt Foundations on the HiJI2005- March 8 & 9, 2005 I:\Scudding ton\ Board of T rustees\ Meetings 2004\Ju ne I 0 ,2004Materiai\June I0. Agenda.doc verbal 12 Back Pocket � 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_2004_BB_2004-06-10_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2004-06-10 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 2004-06-10 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, 50550 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 2004-06-10 https://digitalcollections.library.gvsu.edu/files/original/ae2c4ff3003c86d2e1c51a9a78fff48a.pdf e1ee2adf998f7fdae5486e7760a54128 PDF Text Text CMF Councilof Michigan Fou ncfations Serving grantmakers.Advancing giving. STRATEGIC PLAN UPDATE SUMMARY OF FY03 ACCOMPLISHMENTS TO DATE & HIGHLIGHTS OF PROPOSED FY04 ACTIVITIES 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Advocate - To represent Michigan philanthropic interests and concerns with state and national government. OBJECTIVES . . Be recognized by state officials as premier resource on Michigan philanthropy. Achieve goals of Legislative Statement . HIGHLIGHTS OF FY03 ACCOMPLISHMENTS TO DATE Provided leadership on HR7 negotiations • With MNA, advanced idea of & serve on Nonprofit Advisory Council to state Attorney General HIGHLIGHTS OF PROPOSED FY04 ACTIVITIES .. . I ntroduce Monthly E-Update for State Officials Support and serve on Nonprofit Advisory Council to State Attorney General Facilitate/ Disseminate Private Foundation Payout Study Update 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Educate -To support the professional growth of grantmakers by providing them with educational opportunit ies. OBJECTIVES . . Provide high-quality programs in all core competencies. Offer high-quality resources & services. . . . . . HIGHLIGHTS OF FY03 ACCOMPLISHMENTS TO DATE Introduced new Institute for New Grantmakers with Ford Foundat ion GrantCraft project & Johnson Center at GVSU Sold out Boston College Workshop series resulting in 20 grantmakers earning corporate citizenship certification. Introduced Building Foundation series on marketing & community impact to Community Foundations. Launched youth grantmaking website Added 400+ Sample Documents produced by national task force to www.cmif.org HIGHLIGHTS OF PROPOSED FY04 ACTIVmES Offer workshops, conference calls, materials on all core competencies as follows . All Competencies Accountability Series including: • Meeting New Standards of HR7 for T rustees (Governance) • Trustee Compensation for CEOs and Trustees (Administration) • Completing 990s: Administrative vs Program Expenses {Administrat ion) • Annual Reports & New Accountability Standards (Communications) • Special Report on Accountability for Trustees (Governance) Bi-Monthly Conference Call Series (topics to be determined) Grantmaking Lunch series for corporate grantmakers Using www.cmif.org Governance I ntroduction to Implementing CMF Guiding Principles Advanced Governance for CEO/ Board Chair Team Finance/Investments Investment Series Fund Development Fund Development for Community Foundations & Public Charities Administration Top 10 Ways Family Foundations Get in Trouble Communications/Public Policy I ntroduction to Public Policy Engagement . .. .. . . . . 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Increase -To grow philanthropy in Michigan by increasing the number of foundations, corporate giving programs, and communit foundation donors. OBJECTIVES Be recognized by donors and advisors as Michigan's premier resource on foundation establishment FY03 ACCOMPUSHMENTS TO DATE . . . Sent resource packets to 77 new foundations Provided consultations to: • 32 individuals/families • 8 corporations Awarded Team Up Grants to 6 groups of community foundations for regional marketing campaigns (print radio television) .. .. . HIGHUGHTS OF PROPOSED FY04 ACTIVITIES Offer Conference Call series for Advisors on complying with HR7 Explore feasibility of partnering with MI Association of CPAs on educating its members on charitable giving Explore feasibility of fee-based, on-line information service for advisors. Provide sample documents for Institute for Continuing Legal Education website Provide content for Trust & Estates Division brochure on charitable giving 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc 4 �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities lead -To facilitate & support philanthropic responses to critical needs in the state. OBJECTIVES • Raise awareness about critical issues facing our state • Bring members and officials together around issues of common interest • Help members with coordinated responses to priority issues. • Respond to member requests to improve philanthropy outside of Michigan • Educate and engage young people in philanthropy FY03 ACCOMPUSHMENTS TO DATE . . .. . . . . . . Served as fiscal agent for Land Use Leadership Council at request of Gov. Granholm Helped create Office of Foundation Liaison in Governor's Cabinet Hosted first CMF Public Policy Fellow Offered 19 public policy sessions at 31" Annual Conference Launched Working with Government area of CMF website to advance members' work on key issues Held Briefings on children & families and on community health with state department directors Co-hosted 1" international I DA conference Had marketing products adopted for national distribution by COF and Community Foundations of America Helped community foundations in MD, SC, and !A build regional marketing capacity Expanded Learning to Give in Michigan schools via partnership w ith GVSU & to Indiana schools . . .. HIGHUGHTS OF PROPOSED FY04 ACTIVITIES Hold Briefings with state department directors on Corrections, Economic Development, and third topic to be determined Hold Forum on Early Childhood through partnership of Public Policy Committee, Office of Foundation Liaison, Family Foundations Ready by Five group and Children's Caucus Conduct survey of Michigan grantmakers on early childhood funding Introduce Initiative for Youth Grantmaker (YAC) Alumni 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Network - To provide the means for regular sharing of ideas and experiences among grantmakers and with grantseekers. OBJECTIVES . . . Have a statewide network of grantmakers Keep members informed about the work of CMF members Build understanding between grantmakers and grantseekers FY03 ACCOMPUSHMENTS TO DATE . . . . Launched new CMF website with searchable Member Roster Held 2 Conversations Workshops for 23 grantmakers and 101 staff from 75 nonprofits Co-Hosted Grantmaker Grantseeker Conference w ith MNA Held 2 Family Foundation events on early childhood in Flint/Grand Rapids .. .. HIGHUGHTS OF PROPOSED FY04 ACTIVmES Expand data available through on-line Member Roster Co-sponsor Volunteerism SuperConference Conference Introduce up to seven shared meeting spaces on CMF website Provide articles on work of CMF members to MNA newsletter 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc 6 �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Promote -To help Michigan citizens understand the role of philanthropy. OBJECTIVES . . . Be recognized by media as most respected voice for organized philanthropy in Michigan Raise awareness about CMF members Help nonprofits effectively communicate the impact of philanthropy on quality of life in Michigan FY03 ACCOMPUSHMENTS TO DATE . . . . Hired Editorial Consultant to improve quality of reporting and media relations Helped media with 8 state and 3 national stories on philanthropy (ex. Crain's and Chronicle of Philanthropy) Produced Highlights Report of Land Use Leadership Council Placed Op Ed piece in Detroit Free Press on Land Use Leadership Council HIGHUGHTS OF PROPOSED FY04 ACTIVmES .. .. .. . . Hold editorial board meetings w ith all major news outlets in state Place OP Ed pieces in major newspapers Publish 2004 Michigan Foundation Directory -14" Edition Add searchable database of member grants & reports on CMF website Explore feasibility of database of member speeches, articles & quotes Explore syndicated column on philanthropy by Heath J Meriwether Partner with Association of Michigan Manufacturers & Hispanic Chamber on award for corporate philanthropy Co-publish updated "Media Matters" publication for nonprofits with MNA 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc 7 �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Membership ... -To have a diverse group of Michigan grantmakers as members. OBJECTIVES Retain current members Recruit new members Advance CMF value on Diversity & Inclusion FY03 ACCOMPUSHMENTS TO DATE .. . . . Recruited 13 new members Completed and had Board approve Guiding Principles as condition of membership I ntroduced Guiding Principles to members in January 2004 issue of The Michigan Grantmaking Scene Held planning retreat of Leadership Committee for Diversity & Inclusion Added secure on-line conference registration to website .. . .. .. .. .. HIGHUGHTS OF PROPOSED FY04 ACTIVITIES Fee-Based Services: Explore feasibility of audit service for small foundations Explore feasibility of enhancing legal services for members Member Recruitment: Offer complementary regist ration to CMF events through key members (underwritten by grants) Contact 100+ new foundations contacted by CMF in FY03 Hold one-on-one meetings with targeted advisors Diversity & I nclusion: Develop core messages Gather member input Conduct diversity training for committee members 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc 8 �FY03 Accomplishments to Date/Highlights of Proposed FY04 Activities Governance and Operations - To operate a model membership association. . . . . . . OBJECTIVES Develop sustainable financial base for operating CMF Effectively market CMF to all constituencies Maintain effective governance system Use technology to enhance organizational effectiveness Use communications to advance CMF mission Recruit, develop and retain high-performing staff and consultants FY03 ACCOMPUSHMENTS TO DATE . . . . . . . . Introduced Annual Conference Sponsorship program Introduced CMF/Ohio Grantmakers Forum interstate Family Foundation newsletter Implemented dues increase communication plan Received governance system assessment from Sandra Hughes at June 2003 Board meeting Introduced changes to CMF newsletters on basis of close to 400 member interviews Completed Phase I of Technology Plan focusing on website & internal network Completed match to Kresge grant for 3-year Technology Plan Completed Biennial Member Survey .. .. .. . . HIGHUGHTS OF PROPOSED FY04 ACTIVmES Create dues increase schedule & payment options (ex. multi-year) Market: Member Benefits New Services I ntroduced in FY04 Membership recruitment packets Conduct Board Self-Assessment Complete Phase II of website development including membership database, accounting system, automated newsclipping service/ archive, photo archive, graphics and media; on-line collaboration tools. Provide staff training on diversity and tolerance 1:\Scuddington\Board ofTrustees\Meetings 2004\March2,2004Materials\FY03-04 Accomp-Highlights 2-20-04 300pm.doc 9 �Councilof M ichi an CMF Foun~ations Organizational Chart Serving grantmokers. Advancing giving. r I Director, Information Services &Technology I IAdministration I IAssociate Communications Editorial Consultant (Contract) Public Policy Fellow ~ Office Manager I Executive Assistant Student Assistant I (Part-time) I I Data Base Administrator[ IH AlP - Employee Benefits Administrator Webmaster - Part-time H l Executive Assistant President H I J I Vice President, Finance & I I H I Board of Trustees I IVice President & COO I Members I I Grantmaking & SEMI Serv. Director, Community Foundations l I I I I I Learning to Give I I I Program Associate L{ Director, Membership & Special Projects I Special Projects J [ Program Associate H I AlP Part-time I I J I Grants & Contract Manager H~irector, Fam. Phil., Corp. I I Michigan IDA Partnership I rSupporting Organizations I I HMichigan AIDS Fund I I y MCFV I � 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_2004_BB_2004-03-02_Strategic-Plan-Update Title A name given to the resource Council of Michigan Foundations 2004-03-02 board book strategic plan update 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 2004-03-02 board book strategic plan update. 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, 50549 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 2004-03-02 https://digitalcollections.library.gvsu.edu/files/original/2402208650718a48061abb2eb9add54d.pdf a75b90c2c1b4afddbb4c128d5756119b PDF Text Text CMF Council of M ichiga n Foundations Serving grantmakers. Advancing giving. Board of Trustees Meeting Monday, Nove mber 10, 2003 Amway Grand Plaza Hotel, Grand Rapids The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at the Amway Grand Plaza Hotel on Monday, November 10, 2003 pursuant to written notice duly given. The meeting was called to order at 8:30 a.m. by David Campbell, Chair. Trustees and Officers present in addition to Mr. Campbell: Julie F. Cummings Richard T. Groos Diana R. Sieger Russell G . Mawby S. Martin Taylor Olivia P. Maynard Kari Schlachtenhaufen Phillip H. Peters Lloyd J. Yeo Gerald K. Smith Robert S. Collier Ira Strumwasser Betsy Upton-Stover Elizabeth A. Cherin Herbert D . Doan Elizabeth C. Sullivan David 0. Egner Margaret (Peg) Thompson Rev. J. Louis Felton Sandra E. Ulsh Russell Gabier Special Guests: Jan Jaffe, GrantCraft Peter Karoff, The Philanthropic Initiative Duane Tarnacki, Clark Hill, P.L.C., CMF Legal Counsel David Sebastian, Sebastian Foundation CMF Staff: Vicki Rosenberg, Vice President & COO David Lindberg, Vice President, Finance & Administration Kathryn Agard, Executive Director, Learning to Give Jeri Fischer, Director, Membership Mike Gallagher, Managing Editor Susan Howbert, Director, Family Philanthropy, Corporate Grantmaking & SE M1 Services Glen Jack, Executive Director, M ichigan AIDS Fund Donnell Mersereau, Director, Community Foundations Gail Powers-Schaub, Director, Information Services & Technology Susan Cuddington, Executive Assistant to the President Brian Flahaven, Public Policy Fellow �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 2 Chair Campbell welcomed new Board nominee David Sebastian and invited the meeting participants to introduce themselves. Rob Collier introduced special guest Jan Jaffe ofGrantCraft who discussed GrantCraft's platform, started by the Ford Foundation, to collect and share knowledge about grantmaking through education. A team of consultants and writers has organized this information into a variety of formats designed for self-study or workshops -- all aimed at helping grant makers work more effectively in whatever field or community they support. He noted that through the leadership of Vicki Rosenberg, CMF and GrantCraft recently held test-pilot workshops at the Institute for New Grantrnakers seminar in Novi. Chair Campbell adjourned the Board of Trustees Meeting at 8:45a.m. in order to hold the Annual Members' Meeting of the Supporting Organizations of the Council of Michigan Foundations. Chair Campbell resumed the Board Meeting at 9:15 a.m. recognizing "Graduating" Trustees Bob Aronson, John Frey, Heath Meriwether, and Ira Strumwasser with the following resolutions: Upon motion duly made, supported and unanimously approved, it was RESOLVED that Board of Trustees of the Council of Michigan Foundations extends our appreciation to Bob Aronson, Assistant to the Chairman, Guardian Industries Corporation, for his service as a member of the Board of Trustees of the Council of Michigan Foundations, 2001-03, and his support for our efforts to increase, enhance and improve philanthropy in Michigan and extend best wishes for his continued philanthropic activities in Michigan and Israel. And RESOLVED that the Board of Trustees of the Council of Michigan Foundations extends our appreciation to John Frey, trustee of the Frey Foundation, for his service as a member of the Board of Trustees of the Council of Michigan Foundations, 2001-03, and his support for our efforts to increase, enhance and improve philanthropy in Michigan and extend best wishes for his continued philanthropic activities in Charlevoix County, Michigan and worldwide. And RESOLVED that the Board of Trustees of the Council of Michigan Foundations extends our appreciation to Heath Meriwether, trustee of the Community Foundation for Southeastern Michigan, for his service as a member of the Board of Trustees of the Council of Michigan Foundations, 2001-03, and his support for our efforts to increase, enhance and improve philanthropy in Michigan and extend best wishes for his continued philanthropic activities. A nd �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 3 RESOLVED that the Board of Trustees of the Council of Michigan Foundations extends our appreciation to Ira Strumwasser, executive director & ceo, Blue Cross Blue Shield of Michigan Foundation, for his service as a member of the Board of Trustees of the Council of Michigan Foundations, 2001-03, and his support of our efforts to increase, enhance and improve philanthropy in Michigan. We thank him for his retention and recruitment efforts as co-chair of the Membership Committee and his continuance in that capacity. Special Update on 31!! Annual Conference Diana Sieger, Program Co-Chair, reported 700 plus registrants for the Conference, and encouraged Trustees to attend one of the site visits on Tuesday afternoon, and not to miss Tuesday evening's event at the BOB where the Circle Theatre will present two showings of BeeHive. She noted that sponsorship opportunities have earned $132,000 in revenue. Approval of Minutes The minutes of the June 6, 2003 Board of Trustees Meeting were presented for approval. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the minutes of the Board of T rustees Meeting of June 6, 2003 be approved as presented. Treasurer's Report Treasurer Lloyd Yeo presented the September 30, 2003 Financial Report. Dave Lindberg, Vice President for Finance and Administrations, presented the Pre-Tax Premium plan and Opt-Out Plan. He noted the plan would allow CMF employees not taking advantage of health insurance to be reimbursed an additional $1,500 of compensation annually. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the revision to the CMF Pre-Tax Premium Plan and OptOut Plan, that allows employees, who do not take advantage of the CMF provided health insurance benefit, to receive additional compensation of $1,500 annually, be approved. Dave Lindberg highlighted the September 30, 2003 Financial Statements. He noted the endowment funds have rebounded nicely and additional member contributions are close to budget. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Council of Michigan Foundations' and Support Organizations' September 30, 2003 financial report be approved, as recommended by the Audit & Finance Committee. �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 4 Audit & Finance Committee Lloyd Yeo, Committee Chair, reviewed the changes proposed for the Audit & Finance Committee Charter, and noted the Committee's process and decision to hire a new auditor, the finn of Rehman Robson. Mr. Yeo also asked for the Board's approval of appointments to the Audit and Finance Committee. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the revised Audit & Finance Committee Charter be approved, as recommended by the Audit & F inance Committee, and further that appointment of the following members to the Committee be approved for a term not to exceed their term as trustee of the appropriate organization. Committee Member Lloyd Yeo, Chair Phil Peters Susan Broman Brenda Hunt Afft.Jiation Council of Michigan Foundations Council ofMichigan Foundations Michigan AIDS Fund Michigan Community Foundations' Ventures Term Expires 2005 2005 2006 2004 Investment Committee Ted Doan, member of the Investment Committee, reported that at the October 28, 2003 meeting, the committee approved a revision to the current investment policy based on a sample policy developed by Fund Evaluation Group, an investment consulting firm out of Cincinnati, Ohio. Mr. L indberg reviewed the Investment Report for the period ending September 30, 2003. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Investment Policy, a copy of which is attached, be approved, as recommended by the Investment Committee and further that the September 30, 2003, Investment Report, as reviewed by the Investment Committee, be accepted. Nominating Committee Sandra Ulsh, member of the Committee, reported that the Committee met via conference call for the purposes of recommending a slate of officers to the Board for 2004; presenting Trustees for the Class of2006 for election by the membership; and reviewing the recommendations of Sandra Hughes from BoardSource presented at the June 2003 Board Meeting. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the following individuals be elected to the offices as specified for a one-year term effective November 13, 2003. • Chair, S. Martin Taylor, Vice President & Director, DTE Energy Foundation • Vice Chair Community Foundations, Diana R . Sieger, President, Grand Rapids Community Foundation �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 5 • • • • Vice Chair Private Foundations- Julie F. Cummings, Trustee, Max M. and Marjorie S. Fisher Foundation Secretary- Kari Schlachtenhaufen, President & CEO, The Skillman Foundation Treasurer- Lloyd J. Yeo, President, Wickson-Link Memorial Foundation President- Robert S. Collier Upon motion duly made, supported and unanimously approved, it was RESOLVED further, that the actions of the Committee on the Class of 2006 and recommendations in response to the recommendations of Sandra Hughes of BoardSource, as detailed below, be accepted. The names of eight indiv iduals have been presented to the membership for election to the Board for a three-year tem1 ending in 2006. The following six trustees have agreed to serve for an additional tem1: • • • • • • Herbert D. Doan, Chainnan, The Herbert H. & Grace A. Dow Foundation Rev. J. Louis Felton, Trustee, Kalamazoo Community Foundation Kari Schlachtenhaufen, President/CEO, The Skillman Foundation Elizabeth C. Sullivan, VP-Program & Administration, The Kresge Foundation Amanda VanDusen, Principal, Miller, Canfield, Paddock and Stone, P.L.C. RobertS. Collier, President, Council ofMichigan Foundations After considering a number of qualified candidates, the Committee is grateful that the following two individuals accepted its invitation to stand for election as members of the Class of 2006: • • David K. Page, Chaim1an, The Jewish Fund, Detroit David S. Sebastian, Executive Director/Trustee, Sebastian Foundation, Grand Rapids At the June 6 Board Meeting, Sandra Hughes, Executive Consultant from BoardSource, presented the following recommendations on the Board ofTrustees size and operations: Evaluate the size of the Board - average attendance is 18, the Board is 27. Committee recommendation- Because the bylaws call for a Board of 17 to 27, the Comm ittee agrees with Ms. Hughes and recommends that the Board be allowed to decrease in size to 25 over the next year. Review Board Structure - if the Board is a team, is it necessary to have three Vice Chairs? The staff working in these areas might be enough. Committee recommendation- Continue the three Vice Chairs pos itions and fill as appropriate. With the election of Martin Taylor as Chair, it is recommended that the Vice Chair Corporate not be filled for this year. �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 6 Change the Bylaws by removing specific committees - allow for creation as needed Committee recommendation - Because there are only three required committees in the bylaws - Executive, Nominating and Michiga n Community Foundations ' Youth Projectthe Committee does not feel that it is necessary to change the Bylaws at this time. Change title of the Nominating Committee to governance/trustee development. The Committee can help grow the B oard (cultivates, identifies, orients & recruits new Trustees). The role of the Committee is to help rotate the Board (serves as the conscience of the Board) . The Conunittee could help set up a B oard education program and/or suggest a board self-assessment process using the BoardSource template. Committee recommendation - The Committee agrees that the name of the Committee be changed to Governance without changing the title of the Committee in the bylaws. The Committee further recommends that staff present a recommended self-assessment tool to the Board using the BoardSource template. Membership Committee Co-Chairs Ira Strumwasser and B etsy Stover noted that nine new members are being recommended for approval and two will be attending the Annual Confe rence. They asked Board M embers to give them a special welcome. In addition, Mr. Strumwasser reviewed the pending dues increase materials and constituent specific fact sheets to be included in mailings to members this fall. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the following nine foundations be approved for membership as recommended by the Membership Committee. The Alabaster F und, Howell Leslie Falconer, Vice President Eileen & Brian DeVries Family Foundation, Grand Rapids Eileen De Vries, President James A. & Faith Knight Foundation, Ann Arbor Margaret A. Talburtt, Director of Women & Girls Programs Molitor Family Foundation, Mattawan Joan A. Molitor, Secretary/Treasurer John S. & James L . Knight Foundation, Detroit David F. Smydra, Community Liaison Program Officer Joe D. Pe ntecost Foundation, East L ansing Rita F. Stoskopf, Director Porter Family Foundation, Ann Arbor Thomas S. Porter, President Rive r City Foundation, Rockford Judy Betz, Secretary Samaritan Foundation, Grand Rapids Judith A. DeLapa, President �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 7 Government Relations Committee Committee Co-Chair Libby Maynard acknowledged the work ofCMF on moving the CARE Act, H.R. 7 forward in our favor. She noted that Congressman Camp was the principal negotiator with Chainnan Thomas, and CMF will recognize Representative Camp at the Annual Dinner in Washington in February. The compromise worked out with Mr. Camp's leadership has been approved by the House and is on-hold in the Senate. Action is now not expected until early in 2004. Rob Collier reviewed the Legislative Goals Statement, a copy of which is attached, noting the addition of two new goals and updating the current goals that are impacted by the CARE Act. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the CMF Legislative Goals Statement for 2003 be approved as presented in the attached document. In addition, Mr. Collier and Mr. Tarnacki reported on a recent meeting with Attorney General Mike Cox, joined by Bill Richardson, President of the W.K. Kellogg Foundation; Kari Schlachtenhaufen, President of The Skillman Foundation; Allan Ott, President of the Gerstacker Foundation; Dottie Johnson, Trustee of the W.K. Kellogg Foundation, and Mark Hooper, Chair-Elect of the Capital Region Community Foundation.They noted that the Attorney General asked about issues affecting the future of philanthropy in Michigan, and the issues of technology and intergenerational transfer of wealth to fami ly members living throughout the country were shared as two issues. Public Policy Committee Vicki Rosenberg highlighted recent activities of the Public Policy Committee, explaining that 19 sessions at the Annual Conference focus on the six priority issues and that Public Policy was covered at the Institute for New Grantmakers in September. She noted that CMF continues to serve as the fiscal agent for the Communications Phase of the Land Use Leadership Council and that a report from the Foundation Liaison is included in the Board materials. Ms. Rosenberg reported that the Public Policy Committee is partnering with the Foundation Liaison and the Family Foundations Be Ready By Five Study Group on an April Forum on Early Childhood for funders and policymakers. She introduced Public Policy Fellow Brian Flahaven, who presented an introduction to the Working with Government section of the CMF website. Principles & Practices Task Force Chair Campbell welcomed Peter Karoff, Founding Chairman of The Philanthropic Initiative and speaker for both the Family Foundations Retreat and Annual Conference, to the meeting. Task Force Chair David Egner repotted that members met in July and by conference calls in August and September to update the 1997 CMF Principles and Practices document and consider if the document should become a condition of membership. �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 8 Mr. Egner noted that both compliance with the laws and the charitable nature of philanthropy had been moved in the new version to the preamble. He added that there was consensus by the Task Force that the Guiding Principles should be treated separately from the Effectives Practices in considering the recommendation on condition of membership. In response to Chair Campbell, Mr. Karoff complimented CMF on the clarity of the document and on the importance of ethical behavior (Principle #7). He suggested moving it to# 1. It was noted that the Minnesota Council on Foundations is the only other regional association of grantmakers that now requires principles as a condition of membership, in addition to the Council on Foundations. Ms. Maynard commented that requiring the Guiding Principles as a condition of membership is an important step in answering the questions from Washington about what we are doing to promote effective and ethical philanthropy. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Guiding Principles and Effective Practices document as attached, with the revision of moving Guiding Principle #7 to Guiding Principle #1, be adopted, and RESOLVED further that the Guiding Principles become a condition of membership in the Council of Michigan Foundations effective 2004. Family Philanthropy Committee Chair Julie Cununings noted that the Fifth Annual Family Foundations Retreat, November 8-9 was a huge success and gave special thanks to Trustee Peg Thompson and her husband, David, for hosting a dinner buffet at their home on Saturday night. She added that an August reception for 40 family foundation members was held at her home in Charlevoix. She commented on the work of the Be Ready by Five Study Group and CMF's collaboration with the Ohio Grantmakers Forum on the development of a national regional association newsletter for family foundations. Ms. Cummings also announced that a special family foundations study trip to Florida is currently being planned for next winter. Learning to Give Russ Mawby, Chair of the Learning to Give Steering Committee, welcomed Betsy Stover as the newest Committee Board Member. He commended the efforts of Executive Director Kathy Agard and her staff and noted additional funding received from the Lilly Endowment, Michigan Community Service Commission, and the Howmet Fund of the Alcoa Foundation resulting in positive revisions to the plan of work for the year. Dr. Mawby reminded Trustees that each would be receiving a letter from him with an opportunity to support Learning to Give. Ms. Agard c01mnented that the number of school districts involved has increased in Indiana thanks to the funding from Lilly and that there are more than 600 lesson plans on the web. In addition, agreement with Grand Valley State University on a three-year �Board ofTntstees Meeting Minutes - November I 0, 2003 Page 9 partnership has been reached and their fundraising efforts are going well. She highlighted the new African American Legacy posters and materials provided to each Trustee and also noted the entrepreneurial fund development efforts through the sale of two Holiday cards developed by students. President's Report Rob Collier encouraged Trustees to attend the December 8 Detroit Area Grantmakers Meeting which will feature Susan Berresford of the Ford Foundation and Trustee Bill Richardson speaking on accountability. He thanked Mr. Doan for serving as host for an October 7 funders briefing on venture capital. Mr. Collier also introduced Mike Gallagher, CMF's new editorial manager, who will be interviewing several Trustees throughout the Conference for CMF publications. He also noted the launching of the CMF Board space on the website which will have the Board materials available for downloading for the March 2 Board Meeting. Adjournment The next regularly scheduled meeting of the Board of Trustees will take place Tuesday, March 2, 2004 at the University Club in Lansing, MI. There being no further business to come before the Board, Chair Campbell adjourned the meeting at 11: 15 a.m. for a Board picture. David Campbell, 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_2004_BB_2004-03-02_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2004-03-02 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 2004-03-02 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, 50548 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 2004-03-02 https://digitalcollections.library.gvsu.edu/files/original/18f40c526ebb820414a292131c01407c.pdf cfdf313b021216823dad15744095a747 PDF Text Text CMF Cou ncil of M ichigan Foundat ions Serving grantmakers. Advancing giving. February 23, 2004 To: Martin Taylor, Chair, and Members of the Board of Trustees From: Rob Collier Re: President's Report Staff have been busy since the very successful 31st Ammal Conference in Grand Rapids November 1013. Please let them know if you would like any additional information on the items surmnarized below. Staff and Board News We are delighted to share that CMF Trustee and President of the McGregor Fund, Dave Campbell has been nominated to complete a one-year term on the Board of the Council on Foundations. His election in April at COF's Annual Conference in Toronto means he will join Libby Maynard as a second Michigan representative. Conferences & Meetings November 3-7, 2003, Regional Training for YACs - Statewide More than 220 youth grantmakers attended six half-day regional trainings offered by Kari Pardoe, CMF Program Associate: for Community Foundations. Tht:: trainings included a tra~.:k for nt::w youth grantmakers as well as further work on evaluation for the experienced youth grantmakers. November 8-9, 2003, 5!h Annual Family Foundations Retreat - Grand Rapids Seventy-three family foundation donors, trustees, and staff met in Grand Rapids to share, network, and learn about family dynamics, strategic planning, and foundation performance. Dr. Kelin Gersick's family dynamics workshop helped the group to better understand the impact of marital, parent, sibling, and cousin relationships on foundation performance. H. Peter Karoff, Founder & Chairnmn, The Philanthropic Initiative, also shared some of his poetry and insight on philanthropy. With the help of the Grand Rapids Area Youth Advisory Council, youth attendees participated in community service and grantmaking activities including reviewing grant proposals, conducting site visits, and awarding $900 in grants to Grandville Avenue Arts and Humanities, Inc., Community Circle Theatre in the Park, and the Grand Rapids Children's Museum. November l 0-12, 2003, Annual Conference- Grand Rapids Nearly 350 evaluations for the 2003 Annual Conference have been received. Per the following chart, participants overwhelmingly found the Conference offerings, schedule, materials, and speakers of very high value. �President's Report February 23, 2004 Page 2 • • • • • Networking Events Knowledge & Skill Building Events Conference Materials Conference Schedule Quality and relevance of speakers % Finding Items "Good" or "Excellent" Day One Day Two Day Three 90% 95% 98% 83% 84% 91% 89% 87% 84% 87% 87% 92% 88% 92% 93% 2004 Annual Conference Promotion began in January 2004 with dissemination of the year's first issue of The Michigan Grantmaking Scene which featured articles expanding upon conference sessions. It will continue in March with the introduction of a post-conference area on the CMF website. That area w ill include a photo album and the Conference Program with links to handouts for many of the sessions. In December, Vicki Rosenberg interviewed all major Conference sponsors. Responses were unanimously positive about the new Sponsorship program introduced in 2003. Nearly all sponsors intend to continue in that role in 2004. In fact, one sponsor provided CMF with a down payment for the 2004 sponsorship! December 3, 2003, MCFYP Longitudinal Study Data Interpretation Workshop- Lansing 6 Y AC members, 4 Advisors, Kari Pardoe and myself all participated in a Data Interpretation Workshop, which looked at the data that has been collected through the Longitudinal Study that helped fonn the most recent survey that went out at the beginning of this year. D ecember 8, 2003, D etroit Area Grantmakers Over seventy grantmakers gathered to learn about foundation accountability. Susan V. Berresford , President of the Ford Foundation, and Dr. William Richardson, President and CEO of the W.K. Kellogg Foundation participated in a candid discussion regarding the negative headlines and scrutiny that foundations have faced recently. This session was moderated by Geneva Williams, President & CEO, City Connect Detroit. January- April, 2004, "Making A Difference" Community Foundation Conference Calls Series of four teleconference sessions for Michigan community foundations on achieving and highlighting community impact. Participants are taken through PowerPoint presentations, hear case study discussions of Michigan community foundation practices, assess their own practice and share lessons learned with their colleagues. January 13, 2004, Detroit Area Grantrnakers Almost seventy grantmakers from the Detroit Area heard an interesting discussion on making Detroit a cooler city. Erika Block of Walk & Squawk Furniture Factory, and Jackie Victor of Avalon International Breads, shared the benefits and challenges they have experienced being entrepreneurs in the city of Detroit. The session was moderated by John E. Marshall, III, President & CEO, The Kresge Foundation. January 12-16, 2004, Advisor Roundtables- Conference Calls 39 Advisors participated in one of five, two-hour trainings that were offered by Kari Pardoe. This allowed the advisors to learn about new initiatives, discuss best practices and upcoming trainings, as well as provided an opportunity to share and learn from each other. �President's Report February 23, 2004 Page 3 February 5-6, 2004, MCFYP Conunittee Meeting- Grand Rapids The MCFYP Committee met in conjunction with the Michigan Campus Compact Service-Learning Conference at Grand Valley State University. During this gathering, they were able to learn about ways to help promote and fund service-learning, as well as develop the agenda for the 2004 Summer Leadership Conference and started to re-work the 13 Best Practices for theY ACs. February 24, 2004, Detroit Area Grantmakers Over sixty grantmakers were in attendance as Dr. Robert Granger, president of the W.T. Grant Foundation in New York City, shared lessons learned from a review of evaluations of several national after-school programs. Studies of these after-school programs have shown mixed results. This program was moderated by Carol Goss, Vice President, Program, The Skillman Foundation. February 25-26, 2004, Boston College's Center for Corporate Citizenship- Detroit Twenty-one corporate citizenship professionals will participate in the "Conununicating and Branding Corporate Citizenship" course at General Motors University in Detroit. Lessons will include: relationship between the citizenship brand and the company brand, the best way to communicate citizenship brand, and how to successfully communicate with internal and external stakeholders about corporate citizenship strategy. This is the fourth Boston College course offered in the Southeast Michigan region in the past eighteen months. February 26-27, 2004, Community Foundation CEO Retreat - Midland More than 30 Michigan community foundation Executive Directors will participate in the annual Community Foundation CEO Retreat in Midland. Presenting at this two-day retreat are Jim Donaldson, MEDC, Peter Plastrik, consultant on The Changing Job Market for Michigan, Bob Johnson, Office of the Governor on Cool Cities, Marsh Williams, Managing Director of Technology Initiatives for Community Foundations of America on The Future Technology Roadmap, two K-12 school superintendents from the Midland and Saginaw area discussing School Foundations, Pattie Reynolds, consultant and former President, Capital Region Community Foundation doing a session on Rural Philanthropy, Karen Aldridge-Eason, Foundation Liaison, Officer of the Governor on the State ofthe State, and Rebecca Graves, Research Analyst for Foundation Strategy Group presenting the recent National Community Foundation Cost/Revenue Research. March 9-10, 2004, Family Foundations Study Trip, Palm Beach, FL Michigan family foundations will join with Florida family foundations in a two-day Study Trip featuring a seminar with David Lawrence on early childhood, site visits to an elementary school to learn about an innovative arts program, and a candid discussion on accountability. March 9, 2004, Detroit Area Grantmakers In March of2003, Governor Granholm created a Detroit Wayne County Health Care Stabilization Work Group to respond to the healthcare safety net crisis in Detroit and Wayne County. The work group has identified the creation of a public health authority as the most promising strategy to strengthen the healthcare safety net for the uninsured and Medicaid population. Presenters: Janet Olszewski, Director, Michigan Department of Community Health and Chair, Detroit Wayne County Health Authority Development Committee, and Gail Warden, Detroit Wayne County Health Authority Development Committee. �President's Report February 23, 2004 Page 4 March 11-12, 2004, Community Foundation Program Officers' Retreat- Petoskey Over 40 Michigan community foundation program staff will meet on March 11 & 12 at the Perry Hotel in Petoskey to network and share information. Rep. Scott Shackleton w ill address "State Budget Cuts: Local Impact." The group will also discuss such topics as "Reviewing Non-Profit Audits" and "Land-Use and the Environment." The Charlevoix Community Foundation and the Petoskey-Harbor Springs Area Community Fotmdation w ill host this year's retreat and provide opportunities for site visits to grantee organizations including Little Traverse Conservancy, Tip of the Mitt Watershed Council, and Science Education & Environment (SEE-North). March 25, 2004, Aging Briefing, University Club - Lansing Guest speakers include Sharon Gire, Director of t:he Office of Aging, Michigan Department of Community Health, and CMF members Larry Coppard, Community Foundation for Southeastern Michigan, Jeff Jahr, Fremont Area Community Foundation, Glen Kossick, Metro Health Foundation, Jodee Fishman Raines, The Jewish Fund, Marcia Rapp, Grand Rapids Community Foundation, and Tim Wintermute, The Hannan Foundation. April 19 and May 18, 2004, 5!h Annual Conversations Workshops; Oak Park and Detroit More than 100 nonprofit representatives from Southeast Michigan will meet with foundation representatives in this popular networking opportunity. April 22, 2004, Early Matters: A Funder/Policymaker Forum on Early Childhood - Lansing The Public Policy Committee, in partnership with the Office of the Foundation Liaison, the Family Foundations Ready by Five Study Group, and the Children' s Caucus of the Michigan Legislature, will sponsor an ali-day forum on early childhood to educate, raise awareness, and catalyze action. The program Steering Committee is being led by Susan Broman, Steelcase Foundation and a chair of the Public Policy Committee, John Colina, Colina Foundation and Carol Paine-McGovern, Paine Family Foundation. Members include Jim Sandy, Michigan Business Leaders for Education, Doug Patterson, Michigan Department of Community Health, staff from the Office of Senator Patty Birkholz and includes several CMF members. Guest speakers w ill include Governor Jennifer Granholm (or designee), Marianne Udow, D irector, Family Independence Agency, Joan Firestone and Joan Lombardi, National Institute for Early Education Research, and Senator Birkholz (invited). April27, 2004, Michigan Evening at the Council on Foundations Annual Conference- Toronto Join colleagues for a sh ipboard dinner on Lake Ontario with a beautiful view of the Toronto skyline. May 1-2,2004, 6!h Annual Family Foundations Retreat - Midland The fifth annual Retreat is being planned for the spring instead of the fall. The Family Philanthropy Committee is working w ith Susan Howbert on the program content. May 19, 2004, Corrections Briefing- Lansing The sixth briefing in the Public Policy Committee series is scheduled for May with the director of the Department of Corrections. More infommtion will be forth coming. �President's Report February 23, 2004 Page 5 Information Services Since the start of this fiscal year on April1 , 2003, page views to the Website have totaled 279,144. Total member visits exceed 32,000 with community foundations, independent foundations and family foundations being the main users. 43,586 publications have been downloaded with the top three being by grantseekers: the Legislative District reports, common grant application form and Information for Seeking. Communications The Michigan Grantmaking Scene, Weekly Stories on the Web and E-News Over the past six months, Editorial Consultant Mike Gallagher has interviewed close to 400 CMF members to get feedback about our print and electronic newsletters. The main message he heard was that members want fewer newsletters and more substantive news. In response, the Communications Team has been making adjustments and a look at the January 2004 issue of The Michigan Grantmaking Scene indicates the new direction. The same is occurring with the Web site, which now features original stories on a weekly basis and the monthly E-News which now begins with an original article and has more focused information on new resources. Please refer to the examples in the back pocket of this Trustee meeting book. The Family Philanthropist- Winter Issue This issue features the 51h Annual Family Foundations R etreat and also includes articles on The H.T. Ewald Foundation's 751h Anniversary, the Frey Foundation Legacy, and "Learning About Investment Policy." National Family Philanthropist -Winter Issue The Council of Michigan Foundations and Ohio Grantmakers Forum are collaborating to provide a newsletter for fami ly foundations to regional associations. The focus of the first edition, distributed electronically in January, is Getting in Shape for the New Year. Subscribers include: Donors Forum of Chicago, Connecticut Council of Philanthropy, Delaware Valley Grantmakers, Indiana Grantmakers Alliance, Council ofNew Jersey Grantmakers, Grantmakers of Oregon and SW Washington, Rochester Grantmakers Forum, San Diego Grantmakers, Donors Forum of South Florida, and Washington Grantmakers. Partnerships December 2, 2003, Land Use Funders Group Convening - Lansing More than 120 grantees and funders met for a day of discussion focusing on the work of the Land Use Leadership Council. Organized by CMF's loose afftnity group of land use funders, plans are underway for a fou rth annual convening. December 31, 2003- Conclusion of Phase III of the Great Lakes Community Foundations Environmental Collaborative. This marked the end of a three-phase, seven-year partnership with the Great Lakes Protection Fund, Joyce Foundation and C.S. Mott Foundation to engage thirty-four shoreline community foundations in environmental grantmaking stretching from Duluth, Minnesota to Syracuse, New York. Sixteen ofthe seventeen in Phase III were successful in raising more than $865,000, well exceeding their goal of$170,000. �President's Report February 23, 2004 Page 6 February 6-8, 2004- The Philadelphia Foundation Kari Pardoe and YAC members from the Grand Rapids Community Foundation and the Ann Arbor Area Community Foundation presented at a youth retreat for The Philadelphia Foundation. They discussed how theYACs in Michigan are run and helped the group to establish how their youth grantmaking group is going to function, as well as lead them through a grantmaking simulation. February 26, 2004, Fathers Matter Seminar - Midland This half-day seminar sponsored with the Coalition of Community Foundations for Youth (CCFY) will be held before the start of the CEO Retreat and is part of a nationwide effort to engage community foundations in public policy strategies to address this issue. A similar seminar was held with CCFY five years ago. Survey of Michigan Grantmakers on Early Childhood Support The W.K. Kellogg Foundation recently contracted with CMF to conduct a telephone survey of Michigan grantmakers that invest in early childhood. The purpose ofthe survey is to develop a baseline of what aspects of this issue are being addressed. We anticipate completing the survey in June. The results will be used in our partnerships with the Foundation Liaison Office of the Governor and CMF's Public Policy Committee to advance collaborative opportunities on the issue of early childhood. Transatlantic Conununity Foundation Network Donnell Mersereau, D irector, Community Foundations will attend a meeting of the Transatlantic Community Foundation Network (TCFN) next month in Warsaw, Poland. TCFN is funded by the C. S. Mott Foundation and Bertelsmann Foundation in Germany. Donnell is contributing to a working group looking at improving community foundation visibility at the local, national and international level. Seven countries have adapted and translated the NMAT PowerPoint presentation, "What is a Community Foundation" for local use in their region. April 1, 2004 Start of"Together is Better", a research project supported by the Aspen Institute's Nonprofit Sector Research Fund to examine the effects of regional collaboration among small community foundations on their operations, marketing and financial sustainability. This research project is the joint effort of the Community Foundations R & D Incubator of Michigan Community Foundations' Ventures, Blueprint Research & Design, Inc., Public Policy Associates, and Williams Group. Michigan community foundations will be the foc us of two offive case studies. May 24-25, 2004, Volunteerism SuperConference w ith Michigan Nonprofit Association, Grand Rapids Join colleagues for presentation of the Mawby Award for Philanthropy and two days of excellent sesstons. � 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_2004_BB_2004-03-02_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2004-03-02 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 2004-03-02 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, 50547 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 2004-03-02 https://digitalcollections.library.gvsu.edu/files/original/f88c695564347ed556e805103579ebcf.pdf bd4356e5c6512a9064327cc000b404f1 PDF Text Text CMF Council of M ichigan Foundations Serving grontmakets. Advancing giving. February 23, 2004 Memo to: Martin Taylor, Chair, and Members ofthe Board of Trustees From: Rob Collier, President Re: 2004-05 Plan of Work and Budget cc: Vicki Rosenberg, Vice President and COO David Lindberg, Vice President Finance & Administration I am pleased to enclose the proposed Plan of Work for the fiscal year starting April 1, 2004 to March 31, 2005. The Plan of Work has been prepared under the leadership of Vicki Rosenberg, Chief Operating Officer, with significant input by all Program Directors, Dave Lindberg and me. Vicki will lead the presentation of the Strategic Plan Update, which includes highlights ofboth this year and planned activities from the Plan of Work for the new year, at the March 2 Board Meeting. RESOLVED: That the Plan of Work for 2004-05, as recommended by the Executive Committee, be approved. Priorities This memo presents management's priorities for the new fiscal year in relationship to the eight metrics of the Strategic Plan. The news is not new, in terms of the environment for philanthropy. The issues identified last year remain as important as ever, namely: • • • The continuing impact of the bear economy on both members and CMF endowed assets. The increased scrutiny of the foundation sector by policy makers and the media. The competition in the philanthropic infrastructure at a time of diminished support from national infrastructure funders. While the stock market has had a dramatic upturn since April, it will still take some time for our members to be able to rebound to the asset size they were at in 1999. No one anticipated the onslaught of bad press that began in April with the story on the Irvine Foundation. This has intensified the scrutiny by Members of Congress, and hearings are now threatened for later this spring. And two of the national infrastructure foundations, Atlantic Philanthropies and the Packard Foundation, have withdrawn their support for the type of work done by regional associations of grantmakers, such as CMF. �2004-05 Plan of Work and Budget Memo February 23, 2004 Page 2 Thus the five priorities identified last year are still very relevant, and we only recommend a change in priority three for the new fiscal year. I . Member Retention We fmd ourselves with the same challenge as last year. Membership retention continues to be at an 85% level with 55 unpaid members as we enter the final 90 days of the fiscal year. We are making personal calls to these members and look forward to discussing at the Board Meeting how CMF Trustees can assist in retention efforts. As we implement a dues increase and Guiding Principles as a condition of membership, this is a year when one-on-one communication with members is vital. 2. Membership Recruitment Membership growth continues at the same rate as last year with 12 new members. The recruitment strategy this year will focus on four tactics: individual visits with foundations on the targeted list of 83 foundations - each with assets exceeding one million dollars; follow-up with the more than 100 new foundations started in 2002 and 2003 and recipients of membership information; one-on-one meetings with targeted advisors (I look forward to the help of CMF Trustees with several of these meetings); and personal calls by family foundation members to targeted family foundations. While the number of foundations continues to grow in Michigan, the size tends to be under one million dollars in assets, so the targeted list has not grown in size in the last several years. 3. Coordinated Marketing of Educational Opportunities We are proposing that this priority for 2004 become: to make accountability a central theme in our educational activities on the core competencies of governance, finance, administration, grantmaking and communications- the competencies identified in the Strategic Plan. You will note in Vicki's Strategic Plan Update that we are proposing several new tactics for focusing our educational activities on accountability and targeting Board Chairs and Advisors. With your approval I intend to promote a series on Accountability for Advisors with the Trusts and Estates Section of the Bar Association. 4. A Helpful Regulatory Environment for Philanthropy This priority has consumed about 25% of my time in 2003. And we have two positive results to share. On the State level, we now have a Nonprofit Council to the Charitable Trusts Section of the Attorney General - the first of its type in the nation we have been told. With the leadership of Representative Camp on the House Ways and Means Committee, CMF played a vital role in insuring that the proposed elimination of administrative expenses in the payout calculation as part ofH.R. 7 did not advance in the Committee. While not satisfied with the proposed compromise approved by the House, our field can live with it. Because the number of negative articles continues to grow, and H.R. 7 - the CARE Act - is stuck in the Senate, this area will continue to be a high priority in 2004. �2004-05 Plan of Work and Budget Memo February 23, 2004 Page 3 5. Strengthening our Internal Infrastructure We are now midway through the three-year technology plan identified in the Strategic Plan as the top priority for strengthening CMF. Initial feedback on the new website has been very positive. The shared network spaces that will become operational this year for a number of CMF Committees and Task Forces have great potential to strengthen the value of membership. We look forward to showing you this technology at the March 2 Board Meeting. Strategic Plan Metrics By March 31, 2005 our goal is to measure success in achieving the objectives of the Strategic Plan by the following eight metrics. These metrics are tied to each of the eight operational goals of CMF - advocate, educate, network, increase, lead, promote, membership, and governance & operations. In preparing the 2004-05 budget, the management team and directors had a productive discussion on several of these metrics. As a result, we are recommending modifications as noted below. Our discussions are ongoing, and we look forward to your counsel on these items. We may add additional metrics to this group that can better help capture the value that CMF adds to philanthropy in Michigan. There is consensus by the staff that these eight metrics do not capture all of CMF' s varied services to grantmakers or to advance giving. Advocate- To have 40% of members connected to state public officials. Recommended change- To connect 40% of the membership with state public officials. We feel that this Metric needs to assess activities that CMF is responsible for and thus propose this change in wording. Through the briefings offered by the Public Policy Committee and other activities such as Nonprofit Day conducted with the Michigan Nonprofit Association, we are well on our way to achieving this Metric. Briefings scheduled for 2004 in the Plan of Work should help to increase the number of members we connect with state public officials. Educate & Networking - To have 60% of members participate in CMF networking and education programs. In reviewing the activities for 2003, we can report that the percentage is now 42%. In order to break 50% this year, we are proposing to offer more educational activities by web-based conference calls, such as the Building Accountability Series for Community Foundations currently underway. This series of three over subscribed conference calls will involve nearly every one of the 56 community foundation members and their affiliates in the State. I am hopeful that the proposed Accountability Series for Board Chairs will also involve more members. Increase - To help create 70 new foundations, corporate giving programs or community funds. Recommended Change- To annually assist 50 individuals, corporations or advisors in their consideration of the creation of new foundations, corporate giving programs or funds at community foundations. This change is being recommended because we realize that we do not have sufficient control or the means to document that our many contacts actually result in the creation of foundations. We know that with some of these contacts it can take years for a foundation to be created. We will continue our consultation service for individuals, families and corporations as well as strengthening our activities with advisors in the new Plan of Work. �2004-05 Plan of Work and Budget Memo February 23, 2004 Page 4 Lead- To leverage $1 for every $1 committed by members to a public-private partnership administered by CMF. We continue to track progress on the Michigan IDA Partnership against this metric. Fourteen members have now contributed more than $2.1 million, an increase from $1.475 million reported last year to match the $3.1 million from the State. It is exciting to note that these public and private investments have now leveraged more than $11 million in new mortgages for 226 new homeowners. Promote- To develop quantitative data about philanthropy's impact in Michigan. Note- Staff are working on an alternative Metric for the Promotion Goal that ties more to the contacts CMF has with the media in promoting philanthropy. While the needed software changes have been made by the vendors, progress has been slower than I would like on the Community Foundation Database Project. I still hope that as it becomes operational in 2004, this Database will provide common data on the work of community foundations in at least ten issue areas, ranging from affordable housing to the arts. While the Database Project will provide quantitative data, it will not be able to provide qualitative data. Membership - To attain a 95% membership retention rate. As noted earlier in this memo, this Metric is averaging 85% for each of the past two years- an unacceptable rate. The combination of dues increase and Guiding Principles as a condition of membership make it an even tougher goal in 2004. Membership- To recruit 35 new members a year. We are also behind on this Metric with new membership averaging 14 for each of the past two years. As noted above, the four tactics will help us tackle this issue of attracting new members from a potential pool that is not growing in measurable assets. Governance & Operations - To have 95% of the membership rate CMF membership as valuable. The Biennenial Membership Survey completed by 146 of397 members in January indicates that 68% rate their overall satisfaction as with membership as excellent and 30% rating it as satisfactory. Further information on the results of this Membership Survey is summarized in the attached document prepared by Vicki Rosenberg. The five priorities for the new fiscal year and the update on the Metric Indicators for the Strategic Plan as summarized above provide a framework for the Strategic Plan Update that introduces the proposed Plan of Work for 2004-05. � 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_2004_BB_2004-03-02_Plan-of-Work Title A name given to the resource Council of Michigan Foundations 2004-03-02 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 2004-03-02 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, 50546 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 2004-03-02 https://digitalcollections.library.gvsu.edu/files/original/cf2fcb6eb0ccc17ab9a6a0062130e7af.pdf 727aa007a5c4b2f8fa7c33cf61fae8c7 PDF Text Text FY2004 Plan of Work M Mission: To increase, enhance and improve philanthropy in Michigan. Advocate- To represent Michigan philanthropic interests and concerns with state and national government. OBJECTIVES STRATEGY Be recognized by state officials as premier resource on Michigan philanthropy 1. Strengthen position with state officials -Achieve goals of Legislative Statement 1-:f. Foster legislative and tax environment conducive to giving 2: Advocate for goals defined in CMF Legislative Statement - NOTES: r- TACTICS MG/BF ~pr-04 W1nter 2005 RC RC RCNR RC RC RC RC I DL Introduce Monthly E-Update for State Officials Conduct Annual Briefing for Michigan Legislators Meet with state department directors Facilitate meetings of CM F members & state officials Support/Serve on NPO Adv. Council to Att'y General Update Legislative Statement Sueport Bi-Partisan Philanthrof>y Caucus Retain advocacy firm in Lansing (Public Affairs Associates) Facilitate/Disseminate Private Foundation Payout Study Update with Cambridge Assocs. Work with state officials to secure 2005 Tobacco Settlement Fund appropriation Facilitate Annual "Foundations on the Hill" visit Publish Member Alerts on legislative & regulatory issues Provide expert testimony to legislative committees in Lansing - r-- - I-- I RC RC RC/MG RC - - 1-- 1- - -~ 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 2/26/2004 - r 1-- -- DATE SCHEDULED STAFF - Feb/March 05 ;-· r- - I- -- 9:25AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. E ducate - To support the professional growth of grantmakers by providing them with educational opportunities. 1- OBJECTIVES STRATEGY Provide high-quality programs '1a. Offer programs covering all in all core competencies. competencies 1 b. Offer programs on Grantmaking TACTICS DATE STAFF SCHEDU LED DL, RC Dates TBD Bi-Monthly Conference Call Series on timely topics. For ex. Guiding Principles VR Apr., June, Aug, Oct . 32nd ANNUAL CONFERENCE Pre-Conf Community Foundation Meetings Annual Conference Event for Corporate Grantmakers Community Foundation CEO Retreat SW Ml Speaker Series w/area universities (2 events ) Brown Bag lunch series for corporate grant makers Explore developing mentor program in partners hip w ith Fetzer Inst itute & Fo rd Fo undation's GrantCraft eroj ect Detroit Area Grantmakers (9 events) VR DM SH DM JF SH VR Nov.3·5, Dearborn SH 4113; 5111 ; 9114; 10112; 11119: 12114; 1111; 218:3/8 Michigan Grantmakers for Women & Girls (2 events) SH May & June 2004 Boston College Workshops on Corporate Citizenship (topics TBD) SH Fall 2004 Study Circle/Early Childhood Develop. (Family Foundations) Heart of Philanthropist Retreat Series (3 events) SH Dates TBD VR - 313-5, 8/16-18, 1124- A ccountability Series: (tentative t opics & audiences): * Meeting New Standards of HR7 (Trustees) * Trustee Compensatio n (Trus tees/CEOs) * Completing 990s-Admin vs Program Expense * A nnual Reports & New Accountability Standards Dec. Feb. Nov. 3 Nov.3-5- - Feb. 05 Dates TBD Dates TBD 26, 2005 1c. Offer programs on Governance 1d. Offer programs on Finance 1e. Offer programs on Fund Development Community Impact for Community Foundations -follow-up Community Foundation Program Officers Retreat Family Foundations Retreat GrantCraft Invitational Workshop Advanced Gov ernance for Chair/CEO Team Instit ute for New Community Fdtn Trustees (with COF) see Accountability Series above Alternative Investments (3 events) Fu nd Development for Comm . Fdtns & Pub lic Charities 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 DM Dates TBD Feb-05 DM May 1-2, Midland SH Fall 2004 VR Fa11 2004 VR RC .._ Dates TBD RC/DL April, 6115 & other DL DM Dates TBD 9:27AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. Educate - To support the professional growth of grantmakers by providing them with educational opportunities. 1- OBJECTIVES STRATEGY !- --Offer high quality resources and services. TACTICS 11. Offer programs on Administration see Accountability Series above& Networking for workshop at Family Foundations summer reception 1g. Offer programs on Communications/Public Policy 1. Offer print & electronic Scholarship Administration (For all member types) Introduction to Public Po lie~ Eng_<~gement (web based) see Accountability Series above Special Report on Accountability for Trustees ~,;;-"''"" Continuous L RC resources 2. Provide technical assistance services to Community Foundations -f- Notes: DATE STAFF SCHEDULED Uedate & increase Samele Documents Maintain & Update library holdings Operate GrowingCF.org Complete & update Community Foundation grants & donor database (for accountability & marketing) Collaborate with Fdtn Libraries (GVSU & Foundation Center) Participate in national and international networks to advance community ~hilanthropy (WINGS-CF, TCFN, German Marshall Fund, Bertelsmann, etc.) On standards compliance & adoption of best practices On-Site for YACersNAC Advisors On-Site Mentoring Technology Mentor Support for software development & implementation, investments, FIMS , other Support to Software User Groups (1st Pearl, Gifts for Windows, Grants Administrators Group) GPS GPS D~ DL GPS DM DM KP DM DL DL I I DL - 1- 1- ~ r- ·- - I- - 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 - 1- 9:27AM �eMF Council of MIChi an FY2004 Plan of Work Foun~tlons Mission: To increase, enhance and improve philanthropy in Michigan. Increase - To grow philanthropy in Michigan by increasing the number of foundations, corporate giving programs, & community foundation donors. 1OBJECTIVES STRATEGY Be recognized as Michigan's premier resource on foundation establishment. 1. Work with Advisors to the Wealthy TACTICS STAFF DATE SCHEDULED Accountability Series: Conference Call Series for Advisors on ComJllying with HR7 Provide content for T&E Brochure on charitable giving RC Oates TBD Explore feasibility of fee-ba sed, on-line info service for advisors ~Work ~Work Provide sample documents for ICLE website Provide annual article for Journal of Trust & Estates Division of - --::5:-ota "'t'-:e Bar Assoc. with Accountants Explore feasibility of program for accountants in partnership with Ml Assoc. of CPAs with New Philanthropists Hold one-on-one consultations with 40 individuals/families R--c;R--c;RC RC/MG DL Rc!SHJ SH SH 6. Support Community Foundation capacity building Notes: -1- Implement MCFV: regional team up, new marketing materials, communities of color, mini-grants _____Qperate forgoodforever.org -1- OM DM ---- -f- -rt- -I- 1- -r-t- -r- -f-- -I- -I- -r- -1- -1--r-- - -1- 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 9:23 AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. Lead - To facilitate & support philanthropic responses to critical needs in the state. __L_ OBJECTIVES STRATEGY Raise awareness about criti.;i'1. Implement Public Policy Committee action agenda issues facing our state Bring members and officials together around issues of common interest Help members with coordinated responses to priority issues 1. Sponsor events 2. Publish reports TACTICS Update Working W ith Government area of website Include public policy related articles & resources in CMF Host Year Two of Public Policy Fellowship Offer public policy track at annual conference Ho ld Briefings : Corrections, Econ, Dev. & 3rd TBD Ho ld Early Childhood Forum Survey Ml Foundatio ns on early c hildhood f unding STAFF BF BF/MG VJR VJR/BF VR/Br ~DATE SCHEDULED I May-04 VR/B~ VR/BF Ap~~~:~ 3. Serve as fiscal agent for Office Staff Advisory C ommittee to Foundation Liaison RC~ of Fdn. Liaison in Gov's office Assist Liaison with projects & events All staff U erve as intermediary for IDA Partnership EM public-private partnerships Tobacco Settlement Partnership BD approved by Board of Trustees Ml State Housing Dev't Authority Em erg Homelessness Prevention JF - I '2.serve as fiscal agent for Land Use Leadership Council communications activity supporting organizations Michigan A IDS Fund Michigan Community Foundations Ventures: R & D Incubator f-c~gional Marketing outside of Ml Respond to member requests 1. Assist with information dissem- Host International Visitors to improve phil. outside of Ml ination outside of Michigan Disseminate Reports Operate Learning to Give Expand program to additional Ml schools in partnership with GVSU Educate & engage young people in philanthropy Project Add schools to partnership with Indiana Center on Philanthropy '1. - '2. Operate MCFYP Program RC RC/DL DM OM DM DM DM/RC KA Continue development of sustainability plan Add parents, youth workers, faith-based org areas on website Focus evaluation on schools using lesson plans in grades 3-5 KA KA RH KA YAC Alumni Init iative Works hop on public policy eng_!lgement for YACers Host summer Youth Leadership Conference Host Mawby Summer Intern Conduct fall youth grantmaker regional training Provide training to youth grantmaker advisors Conduct YAC site visits Conduct Longitudinal Study KP ;-KP June 25-27 KP _ 1-- May -August KP Oct. 23-29 KP KP KP KP 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 I .... 9:29AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. Network- To provide the means for regular sharing of ideas and experiences among grantmakers and with grantseekers. - __L_ OBJECTIVES STRATEGY '1. O ffer regional events Have a statewide network of grantmakers ~Offer national events 3. O ffer events for members living outside of Michigan 4. Facilitate Affinity Group meetings ~electronic networking opportunities ~Facilitate member-to-member communications Publish and disseminate newsletters & special reports - r:;-_ Keep members info rmed about the work of CMF members Build understanding between grantmakers & grantseekers Notes: 1. Sponsor events ~ Provide information - TACTICS sc Land Use Funders, K-12 Funders, Ml Grantmakers in Aging, Emerging Grantmakers, o thers TBO SH - r-- - 9-Jun r- August dates TBD JF/others Upgrad e lis t s ervs Operat e GrowingCF.org Su~port Community Foundation Team-Up Initiative webs ite Improve on -line M embe r Roster GPS OM Memo to Members (3 times/year) MG G PS The Michigan Grantmaking Scene (3 times/year) Family Philanthropist- semi-annually www.cmif.org V o lu nt eerism SuperConference Conversations Workshops (2 in SE Michigan) I SH/MG SH/MG JF SH MG Provide articles for MNA newsletter - r::~-25 /19 & 5/18 r-- 1- -- ~ ~ - ~EDULED dates TBD SH _ f -April 27, T oronto VR Oct. 11 or 12 OM 2/10/2004 SH Feb-05 SH 1- - -- STAFF Spring Regional M embers Meeting (Jackson or Battle Creek) Family Fdtns Summe r Reception & Top 10 Ways FF Get in Trouble Meetings of SW Michigan Famil~ Foundation Network Ml Evening at COF Conference in Toronto M l Evening at COF Community Foundation Conference Ml Evening at COF Family Foundation Conference Florida Member Reception DATE ~ - f- r- 1- r- 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 2/26/2004 9:30 AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. Promote - To help Michigan citizens understand the role of philanthropy. 1- OBJECTIVES STRATEGY '1: Develop strong relationships Be recognized by media as most respected voice for organized philanthropy in Michigan with leading journalists Raise awareness about CMF '1:Produce and disseminate members reports and other documents 2: Place articles/stories in state/ national print & electronic publications & on media ~-sponsor TACTICS Explore feasibility of building database of member speeches, articles, quotes, etc. Hold editorial board meetings with all major news outlets in state Add searchable database of member grants & reports on w ww .cmif.org Explore syndicated column by H. Meriwether Publish 2004 M/ Foundati on Directory Co-publish Annual Giving & Volunteering Report Place Op Ed pieces in major news papers Distribute press releases as needed Place 5 articles on work of members in state/national publications high profile events Partner with Assoc. of Ml Manufacturers & Hispanic Chamber on awards for corporate philanthropy Nonprofit Day Regional Michigan Philanthropy Day events Mawby Awards Michigan Women's Foundation Annual Awards Event Help non profits effectively 1. Provide resources communicate the impact of philanthropy on quality of life in Michigan Youth Service Day Michigan Campus Compact Awards Make A Difference Day Co-Publish updated " Media Matters" with MNA STAFF MG ~DATE SCHEDULED RCI MG GPS RC/MG JF JF RCIMG I E Dec. 2004 Spring 2004 MG I MG RC Fall JF JF JF JF Nov. 9- GR 25-May spring 2004 KP JF KP VRI MG 4116 & 4118 Date TBD Oct. 23 -r- -- Notes: - I- 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 - I- 9:30 AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. M embership- To have a diverse group of Michigan grantmakers as members. OBJECTIVES Retain Current Members STRATEGY '1. Continue improving service to members TACTICS DATE SCHEDULED STAFF DUES-BASED SERVICES Explore feasibility of enhancing legal service DL Personalized Research service within 72 hours GPS Lending library GPS Monthly E-News for Members VR/MG I GPS Book-buying service GPS Contact new members about research services Group Health Insurance, COBRA administration-, -re--;1-a t;e--; - d;-s-rv _ c_s_ _--.cc-_, DL r D&O Insura nce (seek better option) mid-month DL DL Clarification of accounting rules GPS/KG -Members-only content on cmif.org MT Job postings In-House experts & referrals DL Individual Technical Assistance DL Accounting Rules Clarification SH SE Michigan Office FEE-BASED SERVICES 1. DL Explore feas ibility of audit servi ce for small fdtns RC/SH Meeting facilitation RC/SH Guideline & program development ------strategic planning assistance ==- - - - - - - - - - ----.--= ...-1 RC/SH ouGPSJ Recruit new members Advance CMF Value on Diversity & Inclusion 1. Implement Recruitment Campaign 1. Implement Leadership Comt action agenda Offer select potential mbrs comp reg to CMF event Provide complimentary consultation on foundation establishment JF RC/SH Send info packets to new foundations on State Attorney Gener_a_I_~R ~C ~ J/FSH Visit targeted foundations (83 with assets of $1 million+) Contact 100+ new fdtn s contacted by CMF in FY03 RC/SH Hold one-on-one m eetings with t a rgeted advisors RC/SH Help Family Fdtn members with personal calls to potential membe" SH Develop core messages VR/KM Gather member input VR/KM Conduct diversity training for Committee members VR/KM 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 I I l oates TBD 9:31 AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. G overnance and O perations - To operate a model membership association. OBJECTIVES - __L_ STRATEGY TACTICS Develop sustainable financial 1. Maintain appropriate dues level Create dues increase schedu le/payment options (ex. mult ibase for operating CMF ~ ____y~---2. Generate non-dues revenue Foundation job posting for non-members Exhibitor space at 2004 Annual Conference -~ponso rships of 2004 Annual Conference Sell subscriptions to interstate Family Foundation newsletter ~ Keep members apprised of Publish Annual Report organizational status IDA Project 4. Raise funds for special projects Learning to Give Effectively market CM F to ~All Constituencies Update CMF website current and potential members 2. Members Produce Mem b er benefits brochure Produce marketing materials on new services Produce event brochures 3. Potential Members Maintain effective governance 1. Conduct periodic assessment system ~perate Board and committees Use technology to enhance organizational effectiveness 1. Implement technology plan STAFF DL GPS BD VR KM VR Develop recruitment packets Conduct Board Self-Assessm ent RC Conduct 3 Board meetings Convene Committees [Audit/Finance; Government Relations; Membership; Investments; Nominating; Executive; Community Foundations; Public Policy; Leadership for Diversity & Inclusion) sc Maintain competitive advantage 1. Monitor and update Strategic Plan Spring 2004 r I 6/10, 1113 + 1 TBD RC/DL Oates TBD DM RC/DL GPS 3/3, 6/22, + 2 Dates TBD I Impr ove: m ember database and accounting systems 1. Implement communications plan Aug-04 I GPS VR -Use communications to advance CMF mission I RC/EM RC/KA VR MT VR Convene Supporting Organization Boards: MC FV Ml AIDS Fund Add functions: d igital photo archive, automated newsclippings, user interface for web editing , gr aph ics & m edia, collaboratio n tools DATE SCHEDULED Conduct staff training Develop new communications plan informed by member survey, individual member input, staff input, consultant assistance VR/MG Hold annual strat. plan/budget dev. mtg wl staff & key consultants RC~ VR, Due to Board 6/04 L 1 Review & update strategic plan in response to Member Survey 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 2/26/2004 Nov/Dec 2004 VR 9:03 AM �FY2004 Plan of Work Mission: To increase, enhance and improve philanthropy in Michigan. G overnance and O perations - To operate a model membership association. - __L_ OBJECTIVES STRATEGY TACTICS STAFF L DLNR Sept & March VR DLIJ June. Sept. Dec., VR - 1- Recruit, develop and reta-;;;-- 1. Develop staff capacity through Conduct six-month & year-end reviews of all staff members high-performing staff and feedback and training. Hold staff training: customer service and/or diversity & tolerance consultants. Conduct annual review of personnel policies & benefits Conduct quarterly update meetings with all directors & consultants 1Notes: - It- ~ ~ -- f-- - DATE SCHEDULED ~ - - 1- - 11- I- - - 1:\Scuddington\Board of Trustees\Meetings 2004\March2,2004Materials\FY04 Revised POW 2-20-04340 VJR.xls 212612004 9:03 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_2004_BB_2004-03-02_Plan-of-Work-Revisions Title A name given to the resource Council of Michigan Foundations 2004-03-02 board book plan of work revisions 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 2004-03-02 board book plan of work revisions. 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, 50545 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 2004-03-02