184 24 26018 https://digitalcollections.library.gvsu.edu/files/original/75cbd6ca020c6741cf42b59cd5396725.pdf 1687ede60da9cd0fb2cb0c3a15262820 PDF Text Text March 4, 2005 Memo to: Members of the Michigan Congressional Delegation From: S. Martin Taylor, Chair and Members of the Board of Trustees Council ofMichigan Foundations Re: Position on January 27,2005 Report from the Joint Committee on Taxation on Options to Improve Tax Compliance and Reform Expenditures for Exempt Organizations Section VIII of the Joint Committee on Taxation Report issued January 27, 2005 includes 12 recommendations for options to improve tax compliance of exempt organizations. The Council of Michigan Foundations is joining our national partners in a thorough review of these recommendations. However, the Board of Trustees passed a resolution at its meeting of March 3, 2005 to oppose Options A, F, G and H as described below. Option A. Require Five-Year Review of Exempt Status of Public Charities and Private Foundations. This option requires that every five (5) years §501(c) (3) organizations (except Houses of Worship), must file with the Secretary information on whether it continues to be organized and operated exclusively for exempt purposes. This filing must be done electronically and made publicly available. Failure to file would result in loss of tax-exempt status. Raises: Less than $50 million Summary of Rationale for Opposition 1. The infonnation in a five year review is already provided in the annual 990 and 990PF filing. 2. This would require additional expense by nonprofits and foundations to complete the reporting requirement - thus taking limited funds away from their intended charitable uses. 3. The IRS does not have the capacity to fulfill its current oversight responsibilities of Exempt Organizations. The proposed $50 million in revenue would be consumed by the added administrative costs Option F. Modify Charitable Deduction for Contributions of Conservation and Facade Easements. This option would eliminate the charitable contribution deduction with respect to far;:ade and conservation easements relating to personal residence properties, substantially reduces the deduction for all other qualified conservation contributions, and imposes new standards on appraisals and appraisers regarding the valuation of such contributions. Raises: $1 billion Summary of Rationale for Opposition 1. The conservation easement has played a major role in recent land preservation projects in Metro Detroit, West Michigan, Northern Lower Michigan and the Upper Peninsula. 2. The law currently provides for adequate valuation requirements. �3. The proposed changes would adversely impact historic preservation efforts on main street projects statewide as well as the abilities of the land conservancies to keep preserved property in private ownership. Option G. Limit Charitable Deduction for Contributions of Clothing and Household Items. This option would limit the amount that taxpayers may deduct for contributions of clothing and household items to $500. Raises: $1.9 billion Summary of Rationale for Opposition 1. Many donors will be discouraged from making the effort to donate to charitable re-sale operations, and land fills will be the ultimate beneficiaries. 2. Appraisal requirements for donations valued in excess of $5,000 would be more effective in curbing the problem of excessive valuations by donors. 3. The sustainability of many faith-base charitable organizations would be adversely impacted by this option. Option H. Reform Rules for Charitable Contributions of Property. This proposal contains various options and concepts to limit deductions on donations of property, generally to the lesser of basis or fair market value. They do not apply to publicly traded securities and certain other property already addressed in previous legislation, i.e., intellectual property and vehicles. Suggestions for enhanced appraiser accountability, limiting the deduction to the disposition amount, and eliminating deductions for property altogether are also included. Raises: $2.5 billion Summary of Rationale for Opposition 1. The number of gifts of real estate to community foundation throughout Michigan continues to grow as part of the intergenerational transfer of wealth now underway. 2. Real estate is the largest asset classification and thus gifts should be encouraged with appropriate requirements on independent appraisals. 3. At a time when government suppott is being reduced for needed local programs and services, local communities need access to major sources of charitable gifts - real estate being a key. �Finance Committee Democratic Staff Summary of Joint Committee on Taxation Report on Options to Improve Tax Compliance and Reform Expenditures January 27, 2005 (Costs are over 10-year window) VIII. EXEMPT ORGANIZATIONS A. Require Five-Year Review of Exempt Status of Public Charities and Private Foundations and Annual Notice by Organizations Not Required to File Information Returns (sec. 508). The proposal require that every five (5) years §50l (c)(3) organizations (except Houses of Worship), must file with the Secretary information on whether it continues to be organized and operated exclusively for exempt purposes. This filing must be done electronically and made publicly available. Failure to file would result in loss of tax-exempt status. Raises: Less than $50 million B. Impose Termination Tax on Conversions of Assets of Charities (sec. 501,507, 4941, and 4958). The proposal applies to public charities and to private foundations, and thus eliminates the present- law aggregate tax benefit limit contained in §507. In the case of private foundations, the proposed tennination tax applies to voluntary or involuntary tenninations, as well as to conversion liquidation transactions. The proposed termination tax also applies to a public charity if there have been either willful repeated acts or failures to act that give rise to liability for Chapter 42 taxes, which includes§§ 4955 and 4958. In order to assure that fair consideration is paid in conversion transactions, the proposal extends the §4958 excess benefit transaction tax rules (in case of public charity) or §4941 self-dealing rules (in case of a private foundation) to an acquirer of the charity's assets in a conversion or liquidation transaction, if persons who are disqualified persons of the charitable organization are in a position to exercise substantial influence over the affairs of the acquirer at the time of or after the transaction. No Revenue Effect C. Tax Involvement by Exempt Organizations in Tax-Shelter Transactions (sees. 6011 and 6707A). The proposal requires disclosure by tax exempt entities (often accommodating parties) to the IRS of participation in a "prohibited tax shelter transaction" and disclosure of other known parties if it is a reportable transaction. Prohibited transactions include only certain reportable transactions. New penalties at both the entity level and the entity manager level are included in the proposal, and the deductibility of contributions to the entity may be suspended for one year. Existing disclosure penalties also apply. Raises: $500 million D. Reform Intermediate Sanctions and Extend Certain Reforms to Private Foundations (sees. 4941 and 4958). Proposal eliminates rebuttable presumption and establishes due diligence procedures that apply to public charities and private foundations. If an initial tax is imposed on a disqualified person under the intermediate sanctions rules or on a self-dealer under the self-dealing rules, the organization is subject to an excise tax equal to 10% of the excess benefit in the case of a public charity or a social welfare organization, or 2.5% of the amount involved in the case of a private foundation. Raises: $200 million �E. Increase the Amount of Excise Taxes Imposed on Public Charities, Social Welfare Organizations, and Private Foundations (sees. 4941,4942, 4943, 4944, 4945, and 4958). For acts of self-dealing other than the payment of compensation by a private foundation to a disqualified person, the initial tax on the self dealer goes from 5% to l 0% of the amount involved. For acts of self-dea ling regarding the payment of compensation by a private foundation to a disqualified person, the initial tax on the self-dealer goes from 5% to 25% of amount involved with 15% of which is subject to abatement. It increases the initial tax on foundation managers from 2.5% to 5% of the amount involved and increases the dollar limitation on the amount of the initial and additional taxes on foundation managers per act of self-dealing from $10,000 per act to $20,000 per act, and doubles the dollar limitation on organization managers of public charities and social welfare organizations for participation in excess benefit transactions from $10,000per transaction to $20,000 per transaction. Raises: Less than $50 million F. Modify Charitable Deduction for Contributions of Conservation and Fa~ade Easements (sec. 170). The proposal eliminates the charitable contribution deduction with respect to far;ade and conservation easements relating to personal residence properties, substantially reduces the deduction fo r all other qualified conservation contributions, and imposes new standards on appraisals and appraisers regarding the valuation of such contributions. Raises: $1 billion G. Limit Charitable Deduction for Contributions of Clothing and Household Items (sec. 170). The proposal limits the amount that taxpayers may deduct for contributions of clothing and household items to $500. Raises: $ 1.9 billion H. Reform Rules for Charitable Contributions of Property (sec. 170). Option One: This proposal contains various options and concepts to limit deductions on donations of property, generally to the lesser of basis or fair market value. They do not apply to publicly traded securities and certain other property already addressed in previous legislation, i.e., intellectual property and vehicles. Suggestions for enhanced appraiser accountability, limiting the deduction to the disposition amount, and eliminating deductions for property altogether are also included. Raises: $2.5 billion I. Require Public Disclosure of Form 990-T and Related Certification Requirements (sees. 6104 and 6685). The proposal extends the present- law public inspection and disclosure requirements and penalties applicable to the Form 990 to an organization 's Form 990-T. Organizations that normally have annual total gross revenues or gross assets of at least $10 million must include with its Forms 990 and 990T filings a certification by an independent auditor or by an independent counsel. Raises: Less than $50 million J. Expand the Base of the Tax on Private Foundation Net Investment Income. Proposal amends the definition of gross investment income to include income from notional principal contracts, annuities, and other substantially similar income from ordinary and routine investments. Carrybacks of losses from sales or other dispositions of property are not included. Raises: $200 million �K. Limit Tax-Exempt Status of Fraternal Beneficiary Societies that Provide Commercial-Type Insurance (sec. 501 (c)(8)). A fraternal beneficiary society, order, or association is exempt from tax as an organization described in section 501 (c )(8) only if no substantial part of its activities consists of providing commercial-type insurance. In the case of an organization that is exempt from tax under the proposal, it is taxed under the rules relating to insurance companies rather than under the unrelated business income tax rules generally applicable to exempt organizations. Raises: $500 million L. Established Additional Exemption Standards for Credit Counseling Organizations (sec. 501). Under the proposal, a nonprofit credit counseling agency or other nonprofit organization that provides credit counseling, debt management, and similar services, is eligible for exemption from income tax only as a charitable or educational organization under section 50l(c)(4). It also provides additional requirements that must be satisfied by a credit counseling organization in order to be an organization described in section 50l (c)(3) or (c)(4), and the requirements supplement, rather than replace the present law requirements. Raises: $100 million � 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_2005_BB_2005-03-03_Tax-Compliance Title A name given to the resource Council of Michigan Foundations 2005-03-03 board book tax 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 2005-03-03 board book tax 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, 50592 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 2005-03-03 https://digitalcollections.library.gvsu.edu/files/original/8f9651c2c73a9f2a8f46de75570b18b3.pdf ed3a7327e2a200c69721dfe5a396646e PDF Text Text May 26, 2005 Memo to: CMF Board of Trustees John Colina Julie F. Cummings Elizabeth A. Cherin Herbert D. Doan David 0 . Egner Rev. J. Louis Felton George F. Francis, III Russell L. Gabier Carol Goss Richard T. Groos Russell G . Mawby Wesley H. Maurer, Jr. Olivia P. Maynard David K. Page Phillip H. Peters Diana R. Sieger David S. Sebastian Gerald K. Smith Betsy Upton Stover Elizabeth C. Sullivan Margaret (Peggy) E. Thompson Sandra E. Ulsh Amanda Van Dusen Dan Wyant Lloyd J. Yeo cc: Vicki J. Rosenberg, Vice President & COO David R. Lindberg Vice Presid ent Finance & Administration From: S. Marlin Taylor, Chair Robert S. Collier, President Re: June 2, 2005 Board of Trustees Meeting & Regional Philanthropy R eception Kellogg Center, Michigan State University (directions enclosed) 2 :00 - 4:30 p.m. Board Meeting 4 :30 - 6:00p.m. Regional Philanthropy Reception (brief remarks at 5:15p.m.) Materials for the Board of Trustees meeting are enclosed. We will have two special guests: MSU President Lou Anna Simon, from 2:00 to 2:30p.m., will share her priorities, and Becky Bechler from Public Affairs Associates, from 4:00 to 4:30p.m., will discuss the status of the State budget and other hot issues in Lansing. We expect to have about 25 members and non profit partners join us for the Reception. Martin w ill introduce you in his brief remarks at 5:15p.m. We look forward to seeing you next week and will miss those Trustees heading to Mackinac Island for the Detroit Regional Chamber Conference. Please let Rob or Sue know if you have any questions. �CMF Council of M ichi an Foun1ations Setvin9 grontmoiers. Advor1cing giving. Board of Trustees Meeting Thursday, June 2, 2005 Kellogg Hotel & Conference Center, East Lansing Room 103 2:00 - 4:15 p.m. AGENDA I. Call to Order II. Special Guest, President Lou Anna Simon, M ichigan State University III. Action Items IV. V. TAB S. Martin Taylor, Chair A. Approval of the March 3, 2005 Board of Trustees Meeting Minutes 1 B. Treasurer's Report Lloyd Yeo Audit Report for 3/31 /05 (front pocket) Financial Report for 3/31105 Audit & Finance Charter Revision 2 C. Investment Committee Ted Doan 3 D. Membership Conunittee Betsy Upton Stover 4 E. Government Relations Libby Maynard 5 F. Public Policy Report Vicki Rosenberg 6 Reports A. 33rd Annual Conference Vicki Rosenberg 7 B. Community Foundations Diana Sieger & Donnell Mersereau 8 C. Family Philanthropy Julie Cummings & Susan Howbert 9 D. President's Report Robert Collier 10 E. Special Guest, Becky Bechler, Public Affairs Associates F. Other Adjournment to Spring Philanthropy Reception (Lincoln Room) Next Meeting Date: Monday, October 10, 2005, Grand Traverse Resort 8:30 - 11:00 a.m . 33rd Atmual Conference (October 10-12) � 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_2005_BB_2005-06-02_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50593 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/052b6336163fe7cf266d9028c60d247d.pdf a23044a0cab9302b7508c6e44ac81c37 PDF Text Text CMF Council of Michigan Foundations 5erving 9rantmakers. Advancing giving. May 25,2005 Memo to: Martin Taylor, Chair, and Members of the Board of Trustees From: Diana Sieger, Chair, Community Foundations Committee Donnell Mersereau, Director, Community Foundations Re: Report of Community Foundations' Progress on National Standards The Council on Foundations (COF) launched National Standards for U S. Community Foundations in 2000. The first two rounds of community foundations to apply for Confirmation of Compliance (Phase II in the process) submitted their applications on January 31 , 2005 and April 30, 2005. There will be additional rounds on June 30, 2005, September 30, 2005, and February 2006. Successful applicants will receive a seal indicating compliance starting in 2006. All community foundations that are awarded compliance will need to resubmit materials to recomply every five years as part of the on-going review process. In Michigan, one community foundation submitted documentation to comply with National Standards by January 31, 2005, six others were invited to submit documents in April 2005. The rest of Michigan community foundations are scheduled for June, 2005 though many will not be ready to submit until September, 2005. COF offers technical assistance phone calls providing community foundations with an opportunity to have their questions answered and also provides access to effective practices and sample documents located on a members-only section of the COF website. However, only 13 community foundations in Michigan have access to the members only section of the COF website. As a result, CMF has made its number one priority, upon the recommendation of the Community Foundations Committee, to provide three types of technical assistance to supplement that offered by COF, especially for the smaller non COF members. + On-site consultations + Sample documents and standards compliance books on the CMF website + Telephone availability to answer specific questions By the end of March, 47 of Michigan's 55 community foundations who are CMF members, had received or had a visit scheduled with one of four CMF staff members. While all four are highly knowledgeable about community foundations, two have been through the training for Standards reviewers and one brings special expertise in financial investment policies. These v isits provide community foundation staff and/or board members with: an explanation of the purpose and value of National Standards and the process used to get there, an overview of the process, a walk through of a completed standards book, and a review of several helpful tools as well as other resources available to them. (Note from Rob: We are fortunate to have both Diana Sieger and Donnell Mersereau on the Standards Action Team of the Council on Foundations' Community Foundations Leadership Team.) � 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_2005_BB_2005-06-02_Community-Foundations Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book community 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 2005-06-02 board book community 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, 50594 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/c92ee4412e3b9cfcce38fb7d0293fac8.pdf a01a5f63feab14982f6cd5d309cdade3 PDF Text Text eMF Council of Michigan Foundat ions Serving grantmakers. Advancing giving. May 25,2005 To: S. Martin Taylor, Chair, & Members of the Board of Trustees From: Tom Cook, Marty Fluharty, Barbara Hall and Maureen Nicholson Annual Conference Committee Co-Chairs Re: Effective Grantmakingfor Challenging Times 33'd Annual Conference Update October 10-12, 2005 - Grand Traverse Resort, Acme The theme for the 33'd annual conference at the Grand Traverse Resort is Effective Gra11tmaking for Challenging Times. The Conference Committee had a productive first meeting on April 19 where subcommittees developed an initial set of recommended session topics. At its June 2 meeting, the Committee will make fmal topic selections and prepare to move forward with session development. A draft conference schedule serves as an Attachment to this report. Highlights include: • Deborah Hechinger, president & CEO of BoardSource : • Facilitate a pre-conference workshop for Board Chair/CEO teams, Oct. 10 • Moderate the opening plenary session (Oct. 10) on the impact of the National Panel on the Nonprofit Sector with a panel comprised of the Michigan members of the Panel -Dottie Johnson, president emeritus of CMF; Bill Richardson, president & CEO of the W.K. Kellogg Foundation; Sam Singh, president & CEO of the Michigan Nonprofit Association; and Bill White, president & CEO of the Charles Stewart Mott Foundation; and • Steve Curwood, producer and host of Living on Earth - aired on 280-plus NPR stations, with a panel of grantees on Healing our Waters. • Rosabeth Moss Kanter, Harvard Business School professor and internationally r enowned speaker on leadership and management as our closing keynote speaker (Oct. 12). Dr Kanter has also agreed to conduct an invitational workshop for foundation CEOs either immediately before or after her plenary session. • Two Experienced Grantmaker Workshops featuring: Jan Jaffe, project leader, G rantCraft, on handling difficult conversations; and Mark Nepo, program officer, the Fetzer Institute, on the giving and receiving in grantmaking. • Site Sessions to Traverse City area programs • Students from Interlochen Arts Academy perfom1ing for the first evening and a fun event at the Haggerty Center of the G reat Lakes Water Studies Institute on Grand Traverse Bay �Annual Conference Update May 25, 2005 Page 2 Sponsorships & Exhibitors Sponsorship invitations mailed in March have already resulted in two written and two verbal commitments totaling $37,500. We are delighted to have four firm sponsors to date: • Comerica (verbal) and Merrill Lynch (written) at the $15,000 level • Smith Barney at $5,000 • Clark Hill at $2,500 Our goal is to attract $143,000 in sponsorships at $15,000, $1 0,000, $5,000, and $2,500 levels. Promotion Conference promotion began in full force this month with the mailing of the Save-the-Date postcard (please see the copy in the back pocket of your notebook) to the conference mailing list of over 5,100 staff and trustees of Michigan foundations and provision of the hotel reservation form on the CMF website, www.cmif.org. Upcoming highlights of conference promotion include: • A special area of the CMF website, www.cmif.org offering detailed information about sessions, speakers, special events and providing secure, on-line registration (starting in June) • The Conference registration brochure dissemination to the conference mailing list (July) • A link to on-line registration in CMF staff email taglines (starting in June) • One-to-one promotion by Committee members and CMF staff; • Articles in the summer edition of Memo to Members and Family Philanthropist and in the monthly E-News with links to on-line registration available in the e-versions of these newsletters; • A Reminder Card (September) mailed to over 5,100 staff and trustees of CMF member and non-member foundations Additional Information See the following Attachments for more detail. • Attachment One-- Draft Conference Schedule • Attachment Two - Conference Committee members • Attachment Three - Sponsorship Opportunities �2005 Annual Conference Draft Schedule - 5/2/05 Optional Pre-Conference Activities Sunday, Oct. 9 I 1:30am Noon to 4:00pm 6:00pm - 9:00pm Monday, Oct.lO 7:30am - 7:00pm !0:00am - 1:30pm 8:30 - 11:15 am I O:OOam -Noon I O:OOam - Noon I 2:30pm - 1:30pm 2:00pm - 3:00pm 3: l5pm- 4:30pm 4:30pm - 5:30pm 6:00pm - 7:00pm 7:00pm-9:30pm Tuesday, Oct. 11 7:00am- 5:30pm 7:00am - 8:00am 8:00am- 9:30am 9:45am - I I :OOam 11 :00- !1:30am Staff arrive for prep-lunch & set up Optional Tours & Events Optional Dinner & Conference/Community EventDocumentary filmmaker Ken Burns or Music of Your Life Radio Show with Interlochen Day One Resource Central Open Community Foundations CEO & Trustee Meeting & Luncheon CMF Board Mtg - (photo 11-ll:tSam) Optional Programming • Governance for Private Foundations - Hechinger • Ideas: Session by The Grantmaking School, GVSU Pearl Users' Group Meeting Roundtable Lunches Opening Keynote - Effective Grantmaking and the Government Michigan Members ofNational Panel & Debbie Hechinger, President of Board Source Concurrent Sessions • Bridging the Gap: Youth Grantmakers & the Board Fund Development for Community Foundations • Scholarships- Show Me the Money • Role of Investment Committee • The Burning Questions on Governance - Hechinger • Engaging the Next Generation Networking & Refreshment in Resource Central Opening Reception Dinner & Honorary Chairs & Entertainment - Interlochen Arts Academy Day Two Registration & Resource Central/Cyber Cafe/Exhibitors Open Breakfast Feature Sessions Economic Forecast Telling Your Story • Lansing Update (one TBD) Concurrent Sessions • Addressing Prisoner Reentry Small Schools • Evaluating/Selecting Investment Managers • Online Strategies for Small & Unstaffed Foundations • Evaluation • Tips for Effective Time Management Refreshments & Networking in Resource Central Technology Micro-Workshops . .. . . �2005 Annual Conference Draft Schedule- 5/2/05 II :30am - !2:30pm 11 :30am- !2:45pm CMF Advisory Cabinet Meeting Concurrent Sessions • Review of990PF • Due Diligence • Developing Leadership Pathways for Staff Livable Communities Faith-Based Session Women & Girls Lunch, Annual Members Meeting Keynote #2 Steve Curwood, host of Living on Planet Earth, with a panel on - Healing our Waters Site Sessions • Alleviating Rural Homelessness- Kensington Park • Workforce Development • What's Next for Land Conservancies • NPO Capacity Building (Great Lakes Water Studies Inst) • Farm to Schools Program (MI Land Institute) • Historic Town Center Arts & Culture (Interlochen) Experienced Grantmaker Seminars GrantCraft - Difficult Dialogues for Grantmakers • Fetzer-Generosity of Spirit: Cultivating a Spirit of Giving Reception/Dinner - Hegarty Center, Northwestern Michigan College Day Three Registration & Resource Central/Cyber Cafe/Exhibitors Open Breakfast Feature Sessions • The Price of Government Early Childhood Rural Diversity Networking, Refreshments in Resource Central Micro-Workshops Concurrent Sessions (6) • Sound Grants Management Values/Principles (only time) • Compensation and Administrative Expenses • Early Childhood- ECIC & Early Learning Projects • Supporting Venture Capital/Entrepreneurship in MI • SOX for Foundations • Grantmaker/Grantseeker Relations • Health Hotel Checkout T ime Closing Keynote - Effective Grantmaking in Changing Times Rosabeth Moss Kanter .. . 1:OOpm - 2:00pm 2:00pm - 3:00pm 3:1 5pm - 5:30pm 3:15pm - 5:30pm 6:15-9:30 pm Wednesday, Oct. 12 7:00am- Noon 7:00am - 7:45am 8:00am- 9:30am . . .. . 9:30am - I O:OOam 10:00am - 11 :15am 11: 15am - 11 :30am 11:30 - 12:15 12:1 5 - I :OOpm Closing Luncheon �CMF Council of Michi an Foun~tions Serving grantmakers. Advancing giving. 33rd Annual Conference October 10-12, 2005 G rand T raverse Resort, T raverse City SPONSORSHIP OPPORTUNITIES Four Star Sponsor- $15,000 »- Priority placement of corporate logo & link to corporate website in Annual Conference area of CMF web site from July 2005- June 2006 (pre-event promotiion through post-event recap) - 37,000 hits per month »- Priority listing in conference signage (by sponsorship level) »- If exhibiting, 1" choice of exhibit booth location (separate fee- see enclosed Application) »- Yz Page Ad in Conference R egistr ation Br ochure (mailed to 5,000) & in Conference P rogram T hree Star Sponsor- $10,000 »- Placement of corporate logo & link to corporate website in Annual Conference area of CMF web site from July 2005- June 2006 (pre-event promotion through post-event recap) - 37,000 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) Two Star Sponsor - $5,000 »- Placement of corporate logo in Annual Conference section of CMF web site from July 2005 -June 2006 (pre-event promotion through post-event recap) - 37,000 hits per month ~ Ys Page Ad in Conference Program ~ Listing in conference signage (by sponsorship level) O ne Star Sponsor - $2,500 ~ Single Line Listing in Conference Program ~ Listing in conference signage (by sponsorship level) »- We would like to sponsor at the 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 TillS FORM TO: Barbara A. Dryer Council of Michigan Foundations OneS. Harbor Drive, Suite 3 Grand Haven, MI 49417 Phone: 616.842.7080 Fax: 616.842.1760 �AITACHMENT 2 Council of Michigan Foundations 33rd Annual Conference Committee As of 4/22/2005 Mr. Tho mas B. Cook Co-Chair Executive Director Cook family Foundation 1201 N Washington POBox 278 Owosso, Ml 48867-0278 Work Phone: (989) 725-1621 Fax: (989) 725-3138 Email: tom_cook@chartenni.net Ms. Marlene J. Fluharty C o-Chair Executi ve Director Americana Foundation 28115 Meadowbrook Road Novi, Ml 48377-3128 Work Phone: (248) 347-3863 Fax: (248) 347-3349 Email: Ouhart5@ msu.edu Ms. Barbara A. Hall Co-C hair Executive Director Whirlpool Foundation 2000 M-63 North Mail Drop 31 06 Benton Harbor, M I 49022 Work Phone: (269) 923-5583 Fax: (269) 925-0154 Email: barb_a_hall@ whirlpool.com 1\ls. Maureen Nicholson Co-Chair Executive Director Petoskey-Harbor Springs Area Community Foundation 6 16 Petoskey Street, Suite I 00 Petoskey, M l 49770-2779 Work Phone: (231 ) 348-5820 fax: (23 1) 348-5883 Email: rnnicholson@phsacf.org Ms. Tanya Allen Member Program Director The Skillman Foundation 600 Renaissance Ctr Fl I 700 Detroit, M148243-1802 Work Phone: (313 ) 393- 1185 Fax: (313) 393-1187 Email: tallen@ skillman.org M s. C indy Allison Member Vice President Comerica Bank 4 11 W Lafaycne MC 3462 Detroit, Ml 48226 Work Phone: (313) 222-7091 Fax: (3 13) 222-7041 Email: CCAIIison@comerica.com Mr. Michael M. Barry Member Vice President IP Morgan Asset Management 611 Woodward, Suite Ml 1-81 13 Detroit, Ml 48226-3408 Work Phone: (313) 225- 1249 Fax: (313) 225-3948 Email: michael.barry@jpmorgan.com 1\tr. Jackson Bartlett Member YAC Member Branch County Community Foundation 105 West Fenn Rd Coldwater, Ml 49036 Work Phone: (5 17) 278-6288 Email: jacksonb_325@ yahoo.com Ms. Alice L. Carle Member Program Officer The Kresge foundation 2701 Troy Center Dr Suite 150 Troy, M148084-4755 Work Phone: (248) 643-9630 'ax: (248) 643-0588 Dr. Ted C hen Member P rogram Director W.K. Kellogg Foundation One Michigan Avenue. East BaiLie Creek, M! 4901 7-4005 Work Phone: (269) 968- 16 11 Fax: (269) 968-0413 Email: thc@wkkf.org �Council of Michigan Foundations Friday, April 22, 2005 Page 2 33rd Annual Conference Committee As of 4/22/2005 Mn. Nancy Colina Member Dtrector Colin~ Foundation One Heritage Place Suite 220 Southgate, Ml48195-3048 Work Phone: (734) 283-8847 Fax· (734) 283-3725 Dr. Ricbard Foster Member Vice President for Programmmg W.K. Kellogg Foundatton One Michigan Avenue East Battle Creek Ml 49017-4005 Work Phone: (269) 969-2209 Fax: (269) 968-0413 Email: rick. fostcr@wkkf.org Mr. Neal Hegarty Member Program Officer Charles Stewart Moll Foundallon 1200 Mott Foundallon Buildmg 503 S. Sagmaw Strcet, Sutte 1200 Fhnt, M l 48502-1820 Work Phone: (81 0) 766-1770 Fax: (81 0) 237-4805 Email: nhegarty@mott.org Mr. Mitchell W. Hurst l\1c:mber Communications Officer Charles Stewart Moll Foundatton Mou Foundaoon Butlding 503 S. Saginaw Street, Sune 1200 Flint, Ml 48502-1820 Work Phone: (81 0) 766-1740 Fax: (81 0) 766-1744 Email: rnhurst@mou.org Ms. Tanya Y. Jefferson Member V><~e President fnr Program Community Foundation of Greater Fhnt 502 Church Street Fhnt, Ml48502-1206 Work Phone: (81 0) 767-3504 Fax: (81 0)767-0496 Email: tjefferson@cfgf.org Ms. Wendy Le"is Jackson Member Program Director Grand Rapids Community Foundaoon 161 Ottawa Ave NW 209-C Waters Bldg Grand Rapids, Ml 49503-2757 Work Phone: (616) 454-1751 x 110 Fax: (616) 454-6455 Email: wjackson@grfoundation.org Ms. Carol Litlu, CIMA Member Sr. Vtce President Smith Bame>· Cttigroup 4000 Town Center Sutte 1800 Southfield, Ml 48075 Work Phone: (248) 358-7115 Fax: (248) 358-7157 Email: carol.litka@smithbarney.com Ms. Jan l\lllino Dr. Nora Maloy Member Seruor Program Officer Blue Cross Blue Shu::ld OfMichtgan Foundation 600 E Lafayette Blvd X520 Detroit, Ml 48226-2927 Work Phone: (313) 225-8205 Fax: (313) 225-7730 Email: nmaloy@bcbsm.com Member Program Officer The Jackson Counry Community Foundation One Jackson Square, Sune II 0-A Jackson, MI49201 -1 406 Work Phone: (517) 787-132 1 Fax: {517) 787-4333 Email: jmaino@jacksoncf.org Mr. William H. M oeller Member Senior Vice President UBS Corporate Giving Program 2387 S. Linden Road flint, M1 48532-5470 Work Phone: (810) 733-8910 Fax: (810) 733-8927 Ematl: william.moeller@ubs.com �Council of Michigan Foundations Friday,April 22,2005 Page 3 33rd Annual Conference Cornrniltee As of 4/22/2005 Ms. Rachel Mraz Member Eileen and Brian DeVries Family Founda110n 250 Monroe Ave, NW Ste 600 Grand Rapids, Ml 49503 Work Phone: (616) 774-4236 Fax: (616) 774-4245 Email: rachel_mraz@ml.com Mr. Roger A. Royer Member Regional Manager DTE Energy Foundation 333 Bridge St NW Grand Raptds, Ml 49504 Work Phone: (616) 776-2900 Fax: (616) 776-2945 Email: roycrr@dteenergy .eom Mr. Scott Schropp Member Senior V .P. Memll Lynch 4805 Towne Centre Rd Ste 200 Saginaw, M148604-2831 Work Phone: (989) 791-8493 Fax: (989) 791-8406 Ematl: Scott_Schropp@ml.com Ms. Marsha J. Smith Member Executive Director Rotary Chanties of Traverse City 250 E Front St Suite 320 Traverse Ctty, Ml49684-2552 Work Phone: (231) 941-4010 Fax: (231) 941-4066 Email: msmith@rotarycharities.org Mr. J ohn Welch Member Division Manager Fifih Third Bank 102 W Front St Traverse City, Ml 49684-2202 Work Phone: (231) 995-4579 Fax: (231) 995-4577 Ematl: JOhn.welch@53.com 1\!s. Diane Wynsma Hyland Member VP & Trust Administrator Standard Feder.~l -Wealth Managcm~nl 40 Pearl Street NW P.O. Box 1707 Grand Rapids, MJ 4950 1-1707 Work Phone: 1-616-451-7813 Fax: 1-616-451-7887 Email: diane.wynsma.hyland@abnamro.com Ms. Marilyn Zark Member Vice President of Development Grand Rapids Commuruty Foundation 161 Ottawa Ave NW 209-C Waters Bldg Grand Rapids, Ml 49503-2757 WorkPhone:(616)454-1751 x 127 Fax: (616) 454-6455 Email: mzack@grfoundalion.org Mr. Robert S. Collier 1\ls. Jeri L. Fi)cber Ex-Officio President & CEO Council of Michigan Foundations One South Harbor, Suite 3 P.O. Box599 Grand Haven, M14941 7- IJ85 Work Phone:: (616) 842-7080 Fax: (616) 842-1760 Email: rcollier@cmif.org Ms. Julie Lynn Ford Ex-Officio Ex-Officio Dtrector Membership & Special Projects Council of Michtgan Foundations One South HaJbor, Sutle 3 P.O. Box 599 Grand Haven, Ml49417-1385 Work Phone: (616) 842-7080 'ax. (616) 842-1760 Email: jlischer@cmtf.org Philanthropy Fellow Council of Michigan Foundations One South Harbor, Sutte 3 P.O. Box 599 Grand Haven, Ml 49417-1385 Work Phone:. (616} 842-7080 Fax: (6 16) 842-1760 Email: jford@cmif.org �,. . Councal of Michigan Foundations Friday,April22,2005 Page 4 33rd Annual Conference Commattee As of 4/2212005 l\lr. Mlchad B. Gallagher Ex.Oflido Managmg Ed1tor Counc1l of M1chigan Foundations PO Box 1154 349 St. JoKph Saugatuck. MI 49453-11 54 Work Phone. (269) 857-7705 Fax: (928) 752-8375 Ema1l: cmfm1chacl@aol com Ms. Suu n fl o,. bert Ex-Ornclo Director Fam1ly Philanthropy Counc1l of M1ch1gan Foundauons 333 W Fort St Ste 1440 Detroit, MI48226-330.S Work Phone (313)961-3122 Fu· (J 13) 961-3185 El'l\all Sho\\ bcngaol.com 111s. Donnell Snltt Mersereau Ex-Officio D1rector Commumty Foundations Council of Mich1gan FoundatiOns One South Harbor, Suitt 3 P.O. Bo'< 599 Grand Haven. Ml 494 I 7-1385 Work Phone. (616) 842-7080 Fax: (616)842-1760 Ema1l: dmcrscrcau@cm1f org Ms. Gall B. Powcrs-Schaub Ex-Ofndo D1rector of Knowledge Resources and Scmces Counc1l of M1ch1gan Foundations One South Harbor, Suite 3 P.O. Box 599 Grand Haven, M1494 17-1385 Wort Phone (616)842-7080 Fa>c (616) 842-1760 Ema1l: gschaub@cm1f.org Total Records 38 Ms. lUthy Ginocchio Ex-Officio Director of Technology Council of M1ch1gan Foundations One South Harbor, Su1tc J P.O. Box 599 Grond Haven, Ml4941 7-8834 Work Phone: (6 16) 842-7080 Fax: (616) 842-1760 Ema1l kginocch1o@cnuf.org Mr. David R. Lindberg Ex-Officio VP Fmance and Administration Counc1l of M1ch1gan Foundations One South Harbor, Suite 3 P.O. Box 599 Grand liavcn, MI49417-138S Work Phone. (616) 842-7080 Fax (616) 842-1760 Ema1l dhndbcrg@crmf org l\ls. Karl Pardoe Ex-Officio Program Associate Council ofMich1gan Foundations One South Harbor. Swte 3 PO Box S99 Grond Haven, ~114941 7 Work Phone: (616) 842-7080 Fax: (616) 842-1760 Em111l· kpardoe@cmif.org Ms. VIcki J. Rosenberg Ex-Orndo V1ce Prcs1dent & COO Council of M1ch111an Foundattons One South Harbor, Suite 3 P.O Box 599 Grand Haven, M149417-138S Work Phone; (616) 842-7080 Fax (616) 842-1760 Ema1l vroscnbcrg@:cm1f 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_2005_BB_2005-06-02_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50595 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/57a2957f7bab6185358cb6bf5e16829c.pdf 776737bba2c34b942b069981de0a942b PDF Text Text Deborah S. Hechinger Deborah S. Hechinger is the president and CEO of BoardSource and a BoardSource senior consultant, available for selective speaking engagements. Debbie joined BoardSource in October 2003, after serving as executive vice president of the World Wildlife Fund, a large, international conservation organization where she was responsible for all fundraising, communication, and operations activities. Prior to joining the World Wildlife Fund in 1994, Debbie was Deputy Comptroller and Director of Securities and Corporate Practices Division at the Office of the Comptroller of the Currency and held senior executive positions in the D ivision of Enforcement at the Securities and Exchange Commission. Most recently, Debbie has spoken at numerous conferences for groups such as the CommonFund, the Association ofFundraising Professionals, the Council on Foundations, Independent Sector, the North Carolina Center for Nonprofits, the W.K. Kellogg Foundation, Grantmakers in Health, and Volunteers of America. Debbie also serves as a co-convener of the Governance and Fiduciary Responsibilities work group, one of five task force groups comprised under the Panel on the Nonprofit Sector. That National Panel was forn1ed by Independent Sector to make recommendations to the Senate Finance Committee on ways to improve the oversight and governance of charitable organizations. ln addition to her extensive national and international experience, Debbie also has held key leadership positions on the boards of Sidwell Friends School and the Children's National Medical Center, and has served on the boards of the Washington Scholarship Fund and the Black Student Fund. Debbie received a B.A. from Brown University and a J.D. from Georgetown University Law Center. She is currently a member in good standing of the District of Columbia Bar. � 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_2005_BB_2005-06-02_Deborah-Hechinger Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book Deborah Hechinger 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 2005-06-02 board book Deborah Hechinger. 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, 50596 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/dad25aec822c1b015d8cc74a138abc3c.pdf 9fed4a7ae6a0c7345e2174516a0d9816 PDF Text Text CMF Council of Michi an Foun1ations Serving grantmokers. Advancing giving. May 26,2005 To: S. M artin Taylor, Chair & Members of the CMF Board of Trustees From: Julie F. Cummings, Vice Chair, Private Foundations & Co-Chair, Family Ph ilanthropy Com mittee Betsy Stover, Co-Chair, Family Philanthropy Committee Susan Howbert, D irector, Family Philanthropy Services Subject: Family Philanthropy Report We are pleased to highlight the following activities for family foundations: 71h Annual Family Foundations Retreat CMF is gearing up for this popular event that will take place the weekend of J une 10 - 12 at the Grand Traverse Resort. This year's retreat, "Planning for Tomorrow: Legacy and Leadership," will give family foundation trustees and next generation members an oppmiunity to discuss and share ideas on working together on philanthropic endeavors, preparing for passing the torch, and involving and/or transferring leadership to the next generation while maintaining the legacy of the donor. Speakers include Ellen Remmer, vice president, The Philanthropic Initiative and Camille Donnelly, Ph.D., president, Donnelly Leadership Counseling. The youth grantmaking activity, "Today's Youth Protecting Tomorrow's Environment" will include sailing on the Schoolship Inland Seas, visiting the Maritime Academy, meeting Wings of Wonder birds, hiking with a conservation officer in a nature reserve, and planting shrubs on the banks of a r iver to prevent erosion. Youth, ages 8- 17, will have an opportunity to review and award grants, as well as do community service. Two new activities this year are: • Camp Fly© led and developed by Leslie Falconer, trustee, Alabaster Foundation and CMF member. Ch ildren, ages 3-7, will explore giving and sharing through crafts, music, interactive story-telling and group games. • A next generation mixer hosted by Ellie Frey, Frey Foundation, Jomie Goerge, Colina Foundation, and Jennifer Poteat, Harry A. & Margaret D. Towsley Foundation. A very special Saturday evening is being planned by Leslie Lee, president, HerringtonFitch Foundation and CM F member, at her summer home, Pine Hollow Country House, in Elk Rapids. Be Ready bv Five, A Family Foundations Learning and Support Group A group of family foundation trustees, formed over four years ago, continues to meet regularly and discuss the issues of early child!hood and school readiness. Recently �Family Philanthropy Report May 26,2005 Page 2 twelve family foundation trustees and staff made a site visit to High/Scope Foundation in Ypsilanti. High/Scope is the organization that began a scientific study in 1962 of the long-tem1 results of high quality early care and education programs. The next meeting of Be Ready is planned for Wednesday, June 29 from 10:30- I p.m. in Owosso, hosted by the Cook Family Foundation. Attendees will learn more about the Governor's new plan for early childhood and view a power point presentation developed by Shiawassee ABC. The group welcomes the participation of any family foundation interested in early childhood. National Center for Family Philanthropy-Family Philanthropy Online Thanks to a grant from the Edyth Bush Charitable Foundation, CMF was able to become a charter subscriber to the Family Philanthropy Online Knowledge Center (FP Online). It is a web-based content service from the National Center for Family Philanthropy, providing subscribers 24-hour electronic access to the most comprehensive online database available of materials related to family giving and family foundations. It should be available at CMF's website by mid!-June. Also included in the subscription for CMF members is free registration for the National Center's Family Philanthropy Teleconference series featuring national experts on topics of interest to family foundation trustees and staff. The April 13 teleconference focusing on "Using Advisory, Adjunct, or Junior Boards in Family Philanthropy " featured Virginia Esposito, president, National Center for Family Philanthropy, and Eleonora Frey, Next Generation Advisory Board Member, The Frey Foundation. �INVITATION TO ATTEND On behalf of the Family Foundations Committee of the CounCil of Michigan Foundations {CMF), we are pleased co invite you and your family co the 7 th Annual Family Foundations RecreaL This popular event wdl be held rhe weekend of June 10-l2, 2005 at rhe Grand Traverse Resorr in Acme, Mich igan. Fami ly foundarion donors and trustees do good work making grants and supporting community organizations, but often don't rake time to plan fo r the futu re. Training and preparing future generations is critical for insuring enjoyable and effective famil y foundations in perpetuity. This recrear offers a unique opportunity for family foundation trustees and next generation members co discuss and share ideas and solutions regarding: • Working rogecher on philanchrop1C endeavors • Preparing for passing rhe torch • Involving and/or transferring leadership to the next generat ion while maintaining the legacy of che donor The retreat also offers your children and grandchildren : Ages 8-17 an opporcuniry co learn about making sire visits, reviewing and award ing g rants, and doing community service • Ages 3-7 an opporruniry ro explore giving and sharing through crafts, music, interactive scory-ceUing, and g roup games Please join us and rake advantage of this special weekend co focus on your family 's phi lanthropic work. If you have questions, conracc Susan Howberr, Direcror of Family Philanthropy ar showbert@cmif.org o r 3 13.96 1.3122. We look forward ro welcoming you for a stimulating, enriching, and fun weekend of Planning/or Tomorrow: Legacy and Leadership. We know char you will enjoy ir! Julie Fisher Cummings Betsy Upton Stover Co-Cbmr Famdy Phrlanrbrup)' Committee TrNJtte, The Max J\1. and 1\f;zrjorit S. Fisbtr FQI(11da11on Co-Ch;nr Famrl) Phrlambrop) Commlltte TrNJitt, Fru/m(k S. Upton Formdarion Please see registrcttion form on back page. �AGENDA Friday, June 10 Drinks and barbecue on the p atio until 9:00 pm J oin us when you arrive 6:00 pm Presentation o n the region G rand Traverse Regzonal Land Conse,-vanry 8:00pm Saturday, June 11 8: 15am Registration and breakfast buffet 9:30am Governing Thro ugh the Generations: Optimizing Oppo rtunities, Overcoming Obstacles Ellen Remmer, vice president, The Philanthropic Initiative Noon Lunch - Trillium Restauranr, 16th Floor 1:45pm Building Strong Foundations and Stro nger Families Camille Donnelly, president, Donnelly Leadershzp Counseling 5:45pm Bus d eparts for dinner 6:00pm Reception & Dinner, Pine Hollow Country H o use* Hosted by Leslie Lee, President, Herrington-Fitch Foundation 9:00 pm Depart fo r Grand Traverse Resort 9:30pm ~ext Generation Mixer - Club Room A , Trillium Lounge, 17th Floor Hosted by Ellie Frey, Frey Foundation, andJamie Goerge, Colina Foundation * Lesbe Lee, president, Herringcon-Ficch Foundanon and CMF member Invites retreat parricipanrs w a very special evening ar her beauriful 17,000 square foor architecturally significant summer home, P ine H ollow Counrry H ouse. Located in Elk Rapids, on the shores of lake Michigan, rhe grounds of Pine Hollow are a m1crocosm of vanous Michigan ecolog1es-shorelme, dunes, ponds, woodlands and meadows. Ultra casual dress is recommended for chose wishing ro explore and enjoy rhe beautiful semng. Sunday, June 12 8:15 am Breakfasc buffet 9:30am Ready or Noc: Change is ComiJng Camille Donnelly, Donnelly Leadership Counseling 12:15 pm Closing Lunch Presmtation by youth participams 1:30pm Adjo urn �CHILD/YOUTH AGENDA ~AMP FLY 0 A kids giving camp for children ages 3- 7. Saturday. June 11 - 9:00 am - 4:30 pm & Sunday, June 12- 9:30 am - Noon Led by Leslie Falconer; Trustee. Alabaster Fo11ndation and CMF member. CMF is exc ited ro incroduce a fun and new experience for children- CAMP FLY0 . All in rhe safety of a room, the children will go on a Wild Warer Advemure - hopping on a lily pad, floating down a river or jumping in che lake-learn•ng abou t the joys and challenges facing rhe world's rivers, lakes and oceans! They will discover char they can be smarr, scrong, and compassionate. They will explore rhe amazing arr of giving through crafts, music, interactive story-ceiling, and group games. With binoculars in hand, chey will find their personal vision. A compass will guide them as they decide where co go and how co give. Throughout the day, rhey will earn their feathers and learn co fly. CAMP FLY() will rake place when parents are in rhe retreat sessions. Children will join their parencs for lunch on both days. Developed by Leslie Falcone~; tmstee, Alabaster Foundation, a1zd CMF member Today 's You th Protecting Tomorrow's Environment A youth g rancmaking acriviry for ages 8-17 Saturday & Sunday, June 11-12 Led by Kari Pardoe, CMFIYAC program anociate and memberJ of the State YAC Counol. Saturday, June 11 - 9:00 am - 4:30 pm • Sailing on rhe Schoolship Jnland Seas • Visiting the Maririme Academy and learning abour life on rhe Grear Lakes • Meeting Wings of Wonder birds and learning about the rehabilitation program rhar nurses che birds back co health and releases them to che wild • Taking a hike at the Narure Reserve with a conservation officer • Planring shrubs and rrees on the banks of a river co prevent erosion with rhe Grand Traverse Regional Land Conservancy Sunday, June 12 - 9:30a.m.- Noon • Learning about philanthropy and being a granrmaker • Reviewing grant proposals from the organizations visited on Saturday • Making grant awards • Preparing presentation of grant awards • Presenting the weekend activities and grams made ro parents and g randparenrs �RETREAT SPEAKERS Ellen Rem mer, vice president, The Philanthropic Initiative (TPI) Ellen R emmer helps fami l ies create focused, strategic giving programs and develop effective governance and decision-making structures, tncluding inrergenerational approaches. Ellen has p lanned and managed many of TPI's educational programs, including its Strategic Granrmaking Sympostum and Advanced Seminar for Donors. She is a frequem speaker on the subject of fami ly philanthropy. Ellen is author/co-author of several TPI publications, includtng irs Prim" for Families on Strategic Giving, Philanthropy for the Wise Donor bzvmo1·, and What's a Donot· to Do? The State of Donor Resource! in America Today. Camille Donnelly, Ph.D., president, Donnelly Leadership Counseling Dr. Camille Donnelly is the co-founder of che West Michigan Family Busmess Council, Right Place Program Family Busi ness User Group, and the Family Business CEO Roundtable. Facilitating strateg ic planning and shareholder meetings, Camille cha llenges you to have ic all -a chrivi ng business and/or foundation and family harmony. Camille is a national keynote speaker on Dynamic Change Leadership. Save the Date for CMF's 33rd Annual Conference Monday - Wednesday, Ocrober 10-12 Grand Traverse Resort Pre-conference activities Sunday, Ocrober 9. For more information on che program and regisrration visit www.cmif.org or call 616.842.7080. �eMF Council of Michi an Foun~tions Servmg gronrmoken. Advancing giving CALLING ALL NEXT GENERATION MEMBERS* Michigan's phi lanthropic families have long been recognized for their good work. As a next generation member of your family's foundation, what are your responsibilities and obligatio ns for continuing the legacy? According co rhe Nattonal Center for Fam ily Philanthropy, generational succession is the # 1 concern of fami ly foundation trustees. Your parencs/grandparencs most likely are g rappling wich how co make che work of t he foundation relevant to you and ocher members of the next generations, parricularly chose living away from the community in wh ich the foundation is located. The 7th Annual CMF Family Fotmdatiom Relreal offers a great opportunity for: C ross-generational discussions about succession • Next generation demonstrations of commitment to con(Jnuing the1r fami ly's giving • All generations co share and network with ocher fami lies in s1milar situations. Bring your whole family ro the Grand Traverse Resort for Plannmgfor Tomorrow: Legacy and Leadmhip, June 10-12, 2005, Acme, M ichigan. You'll be glad you did. Je,n;~ EJt5 Eleonora Frey Jamie Goerge J ennifer Poteat Ffr) FollndatJOn Th~rd Gmn-aflon Colma Fo11ndarion Second Ge111:rauon Harry A. & Marg.zrtt D. Towsley Thtrd Gtnn-atJon * F~1mdation For more retreat brochures go to www.cmif.org or concacc Beverly Spriggs at bspriggs@cmif.org or 313.961.3122. Please share copies with other members of your family. �COUNCIL OF MICHIGAN FOUNDATIONS FAMILY PHILANTHROPY COMMITTEE Julie F. Cum mings, Co-Chair The Max M. and Marjorie S. Fisher Foundation Betsy U pton Stover , Co-Cha1r FrederickS. Upton Foundation Toni Laidlaw Helen Laidlaw Foundation R ichard Levey The Shiffman Foundation Carol P aine-McGovern Paine Family Foundation J o hn CoLina Colina Foundation J ennife r Poteat Harry A. & Margaret D. Towsley Foundation Nancy Colina Colina Foundation Tom Cook Cook Family Foundation La urianne T. D avis The Tiscornia Foundation, Inc. Edward J . Frey, Jr. Frey Foundation Margaret A. Riecke r Harry A. & Margaret D. Towsley Foundation Stephe n E. U peon FrederickS. Upcon Foundation R o b Collier, P residenc Council ofMichigan Foundations Judith S. H ooker Roben L & Judith S. Hooker Foundation Susan H owberr Director, Family Philanthropy Council ofMichigan Foundations Ann Jrish Earhart Foundation Ger ald Knight Speckhard-Knighr Foundation Please see regist1·ation form on back. Visit the CMF website at www.cmif.org to download additional copies of the registration form, co register on-line or fo r more information about CMF and irs family foundations activities. � 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_2005_BB_2005-06-02_Family-Philanthropy-Report Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book family philanthropy 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 2005-06-02 board book family philanthropy 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, 50597 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/012ed89453994f42e24ac0b3438337cb.pdf f58b76db8908f4e4fd84b0a9db2b3a6a PDF Text Text CMF Council of Michi an Fou n1ations Serving grantmakers. Advancing giving. Date: May 25, 2005 Memo to: CMF Board of Trustees From: Lloyd J. Yeo, Treasurer RE: CMF & Supporting Organizations March 31, 2005 and 2004 A udit Report RESOLVED that the CMF Board of Trustees accept the Rehmann Robson March 31,2005 & 2004, Audit Report as recommended by the CMF Audit & Finance Committee. On May 19, 2005, the CMF Audit Committee met to review and accept the enclosed Audit Report in which Relunann Robson issued an unqualified opinion. Below are some brief highlights from the audit report. Combined Balance Sheet With grant conunitments now in place to disburse the KYIP funds, the fixed income and equities investment portion of this project were moved to a money market account during 2004-05, to secure the value of this portfolio for future distributions. This change resulted in an increase in the cash portion of the balance sheet by $11,325,863. The expenditure of special project grant dollars, primarily in the areas of Learning to Give (LTG), Michigan Individual Development Account Partnership (MIDAP) and WKKF III resulted in a decrease of approximately $3.4 million. Investments The decrease from the prior year is due to the transfer of the KYIP Investments in 2004-05 from fixed income and equities to a money market account. Grants Payable The decrease from the prior year is due to the Tobacco Settlement and Team Up grants that were being processed at 3-31-04. Both of these projects are close to winding down at this time. S:\Boards and Committees\CMF\Board\2005-06\6.2.05 Meeting Materials\Audit Report.doc �Net Assets Temporarily Restricted - $2,550,000 of the decrease is due to the grants paid out from the KYIP project in 2004-05. The remaining decrease is primarily due to expenditures from LTG, and MIDAP. Combined Statement of Activities & Changes in Net Assets Revenue Grants Support The decrease from the prior year is due to the reduction in new grants awarded for the MIDAP and LTG projects. Net Unrealized and Realized Gains The decrease from the prior year is due to the reduced growth of the U.S . stock market in 200405 and liquidating the KYIP investments part way through 2004-05, which locked in market losses incurred at the beginning of the year. Expenses Overall expenses are in line with the previous year. �CMF Council of Michi an Fou n:fations Serving 9rantmakers. Advancing giving. May 25, 2005 Memo to: CMF Board of Trustees From: Lloyd J. Yeo RE: CMF 3-31-05 Financial Statements RESOLVED that the CMF Audit & Finance Committee accept the March 31, 2005, Internal Financial Report as recommended by the CMF Audit & Finance Committee. On May 19, 2005, the CMF Audit & Finance Committee met to review and approve the enclosed internal financial statements. Key items to note: CMF Core Member Services has ended the year with a surplus of $113,554, which is due to the following reasons. Further explanation of each item is noted in the narrative below. Line Item Membership Investment Additional Membership Investment Other Income Investment income Wages Occupancy Postage Supplies Association Dues Publications & Printing Professional Services Variance Favorable (Unfavorable) $36,000 (12,000) 10,000 16,000 4,000 4,000 8,000 3,000 5,000 25,000 10,000 Core Operations Note 1: Member Contributions Overall dues exceeded expectations due to the strong investment performance for the year ending December 31, 2003 (which is the year-end assets balance members would have used to calculate their 2004-05 dues payment), with portfolio returns in the 25-30% range. It appears portfolio returns for the one year ending 12-31-04 were closer to the 12% and therefore I expect dues for 2005-06 from existing members to be up only slightly. �CMF Financial Statements May 25, 2005 Page 2 Note 2: Additional Member Contributions The bulk of this category includes the following contributions. $150,000 24,000 W.K. Kellogg Foundation C.S. Mott Foundation Kellogg has indicated that 2004-05 will be the final year of their general support grant of $150,000, with future support in this area based on specific project requests. CMF will be working with Kellogg over the next six months to further clarify their expectations for this portion of their annual support. Note 3: Conference & Meetings The registration figures for the November 2004 Annual Conference were: Full Registrations Partial Registrations Speakers etc. Nov 2004 Bud2et 400 250 150 800 Nov 2004 Actual 282 194 223 699 Nov 2003 Actual 328 227 150 705 With CMF agreeing to hold the Fall 2007 Annual Conference at the Hyatt in Dearborn the hotel has agreed to cancel the overnight room short-fall bill for $35,000 and all other penalties that were part of this contract. The net surplus for the November 2004 Annual Conference was $63 ,455. Note 4: Publications 165 Michigan Foundation Directories were given to State and Federal Legislators and charged to the Allen and Mawby Funds at the published rate of $70 each. This generated $11,550 in revenue for CMF Member Services. �CMF Financial Statements May 25, 2005 Page 3 Note 5: Other Income Includes the following items: GVSU Honoraria (various dates) Collier stock gift Learning Network Honoraria Job postings on website Nokomis Foundation Honoraria Howbert time- national fami ly foundation newsletter CMF portion of profit family foundation national newsletter $2,899 4,544 250 200 600 875 3,353 Note 6: Investment Earnings Exceeded budget due to the rising interest rat,e s on the money market operating account. Expenses Note 7: Wages & Benefits In 2004-05 a $ 19,500 accrual was established to cover potential unemployment claims. This budget overage was offset by the support position for the Detroit office being vacant for the first five months of the year. Note 8: Technology/Computers The favorable variance from budget is due to three PCs which were not purchased, since existing equipment was meeting our cwTent needs. Note 9: Association Dues The variance from budget is due to the Forum of Regional Association dues which came in under budget. This contribution is based on the CMF Core Membership budget which was below budget due to attendance at the annual conference being less than anticipated, thus resulting in conference expenses being under budget. �CMF Financial Statements May 25, 2005 Page 4 Note 10: Publications & Printing The favorable variance is due to the following reasons: Member Benefits postcards & brochure not produced Conm1Unication Consultant fees & expense under budget Michigan Directory Advertising not placed Family Philanthropist under budget Reduction in issues of Memo to Members Reduction in issues of Michigan Grantmaking Scene $6,500 4,600 4,500 2,400 4,500 7,400 Note 11: Professional Services The favorable variance is due to legal bills being less than budgeted. This is primarily due to the research work and guidance Clark Hill provided on Corporate Foundations and the IRS Form 990 PF that was charged to the Mawby Fund, as special one time work for members. News clip service Public Affairs T~egal Audit Fees Not So Basic Mise Bud2:et 2,000 12,000 16,000 4,700 Actual 2,235 12,400 6,422 4,998 1,042 2,500 William Allen Fund 2004-05 Expenditures Directories to Michigan Legislators (55 @ $70/each) Foundation on the Hill breakfast for members CMF Stafftravel to DC Foundation on the Hill member dinner (net $3,000 DTE contribution) $3,850 1,000 1,666 658 �CMF Financial Statements May 25, 2005 Page 5 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 Books & Subscriptions Directory Give Away, (Mich Le 'slators 114) Patterns of Giving 7,950 400 Publications Establishing a Charitable Foundation Brochure Establishing - Robin Smith & Other expenses 2005 Giving & Volunteering Sponsorship Information For Seeking Options for Giving 273 490 4,500 6,110 1,245 Professional Fees Clark Hill 990 PF and Corporate Foundation administrative agreement 20,104 Meetings I Members' Meeting Kalamazoo June 2004 4,615 I �CMF Financial Statements May 25, 2005 Page 6 Russell Mawby Fund for Kids Summer Intern CF Program Associate Y AC Stipends Mich. Campus Compact Award 9-30-04 U ofM Youth Evaluation 6,391 15,727 1,000 500 5,000 MCFYP Endowment Travel & Registration Fees - CF Program Associate and Y ACers Mise publications YAC Summer Conference CMU June 2004 (net of$10,725 revenue) Y AC & Y AC Advisor Trainings (net $4,635 revenue) U ofM Youth Evaluation 10,352 709 10,905 8,249 12,189 Dorothy Johnson Educational Fund I Support Armual Conference Nov 2004 I $42,ooo I Riecker Leadership Fund This fund is being used to support 25% of the Public Policy Fellow starting 7-1-04, with the other 75% being supported by a grant from the W.K. Kellogg Foundation. �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-04 to 3-31-05 March-05 Revenues Member Contributions Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues 12 Month Budget 2004-05 12 Months Actual 3/31/2005 Board Meet Projected 3/31/2005 883,000 195,000 $918,800 183,410 928,000 185,000 Note 1 Note 2 624,600 62,300 3,000 24,000 1,791 ,900 504,286 63,682 12,721 39,895 1,722,794 495,000 46,000 12,000 26,000 1,692,000 Note 3 Note 4 Note 5 Note 6 757,821 55,539 16,082 7,534 19,709 27,413 4,193 16,371 785,000 56,000 17,000 8,000 21,000 28,500 4,500 15,100 Note 7 67,132 21,985 6,497 114,243 27,354 43,178 12,039 427,820 (2,350) (13,320) 1,609,240 62,100 23,000 6,500 113,200 26,000 45,000 10,000 434,000 (2,400) (13 ,300) 1,639,200 Note 8 Note 9 Program/Admin Expenses Salaries & Benefits 762,200 Occupancy 59,500 Telephone 17,000 Equipment Lease & Maintenance 8,000 27,200 Postage 30,600 Supplies 5,800 Insurance Equipment & Furniture 15,000 Depreciation Technology/Computers 69,400 27,000 Association Dues Books & Subscriptions 5,500 139,000 Publications Professional & Contracted Services 37,200 43,000 Travel 12,000 Training & Seminars 550,000 Conference & Meetings (Gain) Loss sale of Fixed Assets Overhead Allocation to Spec Projects (16,500) 1,791 ,900 Total Program/Admin Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 Excess Revenues Over Expenditures 0 113,554 52,800 1,321 ,535 0 1,321 ,535 1,321,535 113,554 $1,435,089 $1 ,321 ,535 52,800 $1 ,374,335 Beginning Net Assets CHANGE IN FUND BALANCE Ending Net Assets S:\Fina.nce\Financial Statements\04-05\FS 3~3 1 -05 - Note 10 Note 11 Note 3 �CMF Endowment Funds Consolidated Statement of Activities and Changes in Net Assets 4-1-04 to 3-31-05 Endowment Funds Russell G Mawby Fund Allen Fund Revenues Spendable Income Member Contributions Additional Member Contributions Other Grants Conference Income Publications & Library Services Other Income Investment Income Total Revenues Programi Admin Expens e s Salaries & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage 8 ,500 63,000 36,000 Johnson Educational Fund Community Fo undation Endowment 44 ,000 MCFYP Endowment 48,000 Riecker Fund 25,000 Comm Fdn Techn ology Fund 19,000 7,039 3,000 8,563 20,063 15,740 92,181 155,181 52,842 88,842 61,931 105,931 408,794 408,794 23,118 73,033 136,773 79,04 5 111,084 1.000 12.940 26,820 45,820 26 14 424 48 66 3,850 3,850 8,350 12,668 20,105 1,666 10,214 500 709 5,000 12,189 8 ,737 51 210 1,000 3,658 12 Month B udget 2004·0 5 Tota l 243,500 243,500 7,039 18 ,74 0 22.500 1,072,488 586,800 852,800 37,058 38,800 803.209 26 SuppliG$ Insurance Equipment & Furniture Depreciation Technology/Computers Association Dues Books & Subscriptions Publications & Printing Professional & Contracted Services Travel Training & Seminars Conference & Meeting Total Program/Admin Maw by Fund For Kids 4,615 49,588 28,945 486 1,615 33,911 42,000 42,000 58,633 13,426 438 114 100 400 4,350 12,200 13,377 37,294 20,700 35,000 4,000 23,800 10,940 27,600 2,825 84,184 115, 700 202,806 266,100 GRANTS Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures 9,849 105,593 59,897 63,931 408,7 94 78,140 97,658 45,820 869,682 586,700 Begin ning Net Assets Transfer from Other Funds Excess Revenues over Expenditures Ending Net Assets 170,876 1,422,796 827,586 959,692 6 ,379,148 1,117,957 1,098,607 421 ,712 12,398,374 12,398,374 9 ,849 105,593 59,897 63,931 408,794 78,140 97,658 45,820 869,682 586,700 $180,725 $1 ,528,389 $887.483 $1.023,623 $6.786,961 $1 ,196,097 $1.196,265 $467 ,532 $13,267,075 $12,985,074 S:\Finance\Financial Statements\04-05\FS 3-31-05 (981) (981) �CMF Council of Michi an Fou n1ations Serving grantmakers. Advancing giving. Date: May 25, 2005 Memo to: CMF Board of Trustees From: Lloyd J. Yeo, Treasurer RE: CMF & Supporting Organizations March 31, 2005 and 2004 A udit Report RESOLVED that the CMF Board of Trustees accept the Rehmann Robson March 31,2005 & 2004, Audit Report as recommended by the CMF Audit & Finance Committee. On May 19, 2005, the CMF Audit Committee met to review and accept the enclosed Audit Report in which Relunann Robson issued an unqualified opinion. Below are some brief highlights from the audit report. Combined Balance Sheet With grant conunitments now in place to disburse the KYIP funds, the fixed income and equities investment portion of this project were moved to a money market account during 2004-05, to secure the value of this portfolio for future distributions. This change resulted in an increase in the cash portion of the balance sheet by $11,325,863. The expenditure of special project grant dollars, primarily in the areas of Learning to Give (LTG), Michigan Individual Development Account Partnership (MIDAP) and WKKF III resulted in a decrease of approximately $3.4 million. Investments The decrease from the prior year is due to the transfer of the KYIP Investments in 2004-05 from fixed income and equities to a money market account. Grants Payable The decrease from the prior year is due to the Tobacco Settlement and Team Up grants that were being processed at 3-31-04. Both of these projects are close to winding down at this time. S:\Boards and Committees\CMF\Board\2005-06\6.2.05 Meeting Materials\Audit Report.doc �Net Assets Temporarily Restricted - $2,550,000 of the decrease is due to the grants paid out from the KYIP project in 2004-05. The remaining decrease is primarily due to expenditures from LTG, and MIDAP. Combined Statement of Activities & Changes in Net Assets Revenue Grants Support The decrease from the prior year is due to the reduction in new grants awarded for the MIDAP and LTG projects. Net Unrealized and Realized Gains The decrease from the prior year is due to the reduced growth of the U.S . stock market in 200405 and liquidating the KYIP investments part way through 2004-05, which locked in market losses incurred at the beginning of the year. Expenses Overall expenses are in line with the previous year. �Council of Michigan Foundations' AUDIT & FINANCE COMMITTEE CHARTER 1. INTRODUCTION AND PURPOSE The Council of Michigan Foundations (CMF) is a membership organization of foundations and corporate giving programs with a mission to enhance, improve and increase philanthropy in the State of Michigan. In order to assure that CMF operates in the highest ethical standards, much of the Board's oversight occurs through the standing committees of the Board, such as the Audit & Finance Committee. The primary function of the Audit & Finance Committee is to assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing CMF's financial reporting and public disclosure activities. The Audit & Finance Committee's primary duties and responsibilities are to: A. Assist Board oversight of (I) the integrity of CMF's financial statements, (2) CMF's compliance with legal and regulatory requirements, (3) the independent auditor's qualifications and independence, and (4) the performance of the CMF's independent auditors. The Audit & Finance Committee will fulfi ll these responsibilities primarily by carrying out the activities specified in Section IV of this Charter. The Audit & Finance Committee, in its capacity as a committee of the Board of Trustees, shall be directly responsible for the appointment, compensation, and oversight of the work of any independent auditor employed by CMF (including resolution of disagreements between management and the auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work, and each such independent auditor shall report directly to the Audit & Finance Committee. The Audit & Finance Committee shall have the authority to retain, without prior permission from the Board or management, special legal, accounting or other consultants to advise the Committee, provided the fees for those services are reasonable. CMF shall provide for appropriate funding, as determined by the Audit & Finance Committee, in its capacity as a committee of the Board of Trustees, for payment of compensation to any advisors employed by the Committee. S:\Boards and Committees\CMF\Audit\Charter 6-2-0S.doc �II. COMPOSITION The m embers of the Audit & Finance Committee shall be elected by the Board and shall serve for a period of time not to exceed their maximum term as trustee of CMF or its supporting organizations. At a minimum the committee shall consist of five members- one trustee from each supporting organization (Learning to Give, Michigan Community Foundations' Ventures and the Michigan AIDS Fund) and two trustees from the Council of Michigan Foundations. A . Independence The Audit & Finance Committee shall be comprised of four or more members each of whom shall have been affirmatively determined by the Board to be independent. B. Financial Literacy and Expertise Each member of the Audit & Finance Committee shall be financially literate; as such qualification is interpreted by CMF's Board of Trustees in its business judgment, or must become financially literate within a reasonable period of time after his or her appointment to the Audit & Finance Committee. III. MEETINGS The Audit & Finance Committee shall meet at least three times annually, or more frequently as circumstances dictate. One of those meetings shall focus on review and approval of annual audited financial statements with the independent auditors. A second meeting will focus on reviewing the annual budget. A majority of the Audit & Finance Committee members currently holding office constitutes a quorum for the transaction of a business. The Audit & Finance Committee shall take action by the affirmative vote of a majority of committee members present at a duly held meeting. IV. RESPONSIBILITIES AND DUTIES The Audit & Finance Committee shall undertake the following responsibilities and duties. A. R etain and terminate the CMF's independent auditors and pre-approve all audit and non-audit services. S:\Boards and Committees\CMF\Audit\Charter 6-2-0S.doc 2 �B. Obtain and review the peer review performed every three years on the independent auditor describing the finn's internal quality-control procedures. C. Discuss the annual audited financial statements with management and the independent auditor. D. Periodically review the internal financial statements with managem ent. E. Review major changes to CMF's accounting principles and practices, financial reporting process, and system of internal controls, as suggested by CMF's independent auditor or management. F. During the annual audit review process consult, with the independent auditor, outside the presence of management, about the auditor's judgments about the quality, and not just the acceptability, ofCMF's accounting principles as applied to its financial reporting, and CMF's internal controls and the completeness and accuracy of CMF's financial statements. G. Review with the independent auditor any audit problems or difficulties and m anagement's response. H. Report to the Board of Trustees at each Board meeting. I. Review the s ignificant findings from supe rvisory examination reports of state and federal agencies and the corrective action taken by management to such reports, as applicable. J. Qualification While the Audit & Finance Committee has the responsibi lities and powers set forth in this Charter, it is not the duty or responsibility of the Audit & Finance Committee to plan or conduct audits or to determine that CMF's financial statements are complete and accurate and are in accordance with generally accepted accounting principles. These are the responsibilities of CMF's management and the independent auditor. While it is not the responsibility of the Audit & Finance Committee to conduct investigations or to assure compliance with laws and regulations, the committee is responsible to make sure any non-compliance issues that come to their attention are properly dealt with. The Audit & Finance Committee serves as liaison between the Board of Trustees and management, and assumes any duties either requested or directed by the Board of Trustees, and provides re levant financial information to the Board members on a timely basis. S:\Boards and Committees\CMF\Audit\Charter 6-2-0S.doc 3 �CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. May 25, 2005 Memo to: CMF Board of Trustees From: Herbert (Ted) D. Doan, Investment Committee Member Re: March 31, 2005, Investment Report RESOLVED that the March 31, 2005, Investment Report, as reviewed by the Investment Committee, be accepted. On May 20, 2005, the Investment Committee met to review and approve 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 perfonnance for the operating and pennanent endowment funds. Recent Issues Addressed by the Investment Committee: KYIP Investments CMF is currently holding $10,443,596 received from the W.K. Kellogg Foundation for the purpose of supporting pennanent endowment funds for three Kellogg Youth Initiative Pmtnership 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. To date $2,550,000 in grants has been disbursed to the three sites and based on the matching requirement in place, distributions are anticipated to last through 2009. Pooling of Investment of CMF Endowment Funds Using a new software package which provides 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 pooled investment account at Comerica and Bank One (vs. 16 accounts in the past). This process significantly reduces the administrative time to rebalance the investments and book the monthly investment income to the various endowment funds. S:\Boards and Committees\CMF\Board\2005-06\6.2.05 Meeting Materials\Investment Memo 3-31-0S.doc �The enclosed 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&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 F ixed 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 transferring cash from the endowment funds to the CMF general checking account 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. Due to the time it takes for Cambridge to collect the investment returns nwnbers the enclosed report represents the latest numbers available. S:\Boards and Committees\CMF\Board\2005-06\6.2.05 Meeting Materials\Investment Memo 3-31-0S.doc �Council of Michigan Foundations Investment Report March 31, 2005 Investment Balance 3-31-05 Actual Asset Allocation Targeted Asset Allocation Operating Funds CMF Operating & Special Projects MCFV Special Project s KYIP Fund Michigan AIDS Fund $3,677,801 100% 100% $501,789 100% 100% $10,443,596 100% 100% $629,957 100% 100% Note: All operating funds are invested in money market accounts. Endowment Funds- Asset Mix Market Value Cash Equivalents Fixerl Income Equities $288,542 3.927,883 9,050,448 $13,266,873 Actual % Target % 2.2% 29.n% 68.2% 100.0% 0% 30% 70% 100% Endowment Funds Compound Annual Rate of Return One Year Three Year Five Year Actual Investment Return 6.58% 6.61% 2.71% Lipper Median Benchmark 5.32% 5.04% 1.77% S:\Boards and Committees\CMF\Board\2005-06\6.2.05 Meeting Materials\lnvest Report 3-31-05 �Council of Michigan Foundations Investment Performance Comparision 12/31/2004 Actual Returns Period Quarter Ending 12-31-04 One Year Ending 12-31-04 Lipper (Median) 8.06% CMF Cambridge Pooled Pool Funds (Median) 8.08% 7.90% 10.43% 12.17% 12.30% Three Years Ending 12-31-04 5.98% 7.77% 8.30% Five Years Ending 12-31-04 2.75% 3.68% 4.70% Bench Marks Wilshire 5000 S&P 500 Russell2500 LB Aggregate MSCI EAFE CPI-U Asset Categories US Equities International Equities Fixed Income {less high yield) Cash Other Total Other · Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other Period Ending 12-31-04 Qtr Ending 10.3% 9.2% 14 .2% 1.0% 15.3% 0.2% One Yr 12.6% 10.9% 18.3% 4 .3% 20.2% 3.3% Three Yrs Five Yrs 5.5% -1.4% -2.3% 3.6% 8.4% 12.3% 7.7% 6.2% -1.1% 11.9% 2 .5% 2.5% Asset Allocation Cambridge CMF Pool Target 37.6% 16.6% 18.7% 5.0% 22.1% 100.0% 2.9% 7.4% 1.3% 4 .3% 1.3% 1.8% 0.5% 0.5% 2. 1% 22.1% *Represents the latest return numbers available from Cambridge. S:\Boards and Committees\CMF\Investment\05-06\Meet 5-20-05-b 52.0% 13.0% 25.0% 10.0% 100.0% 5.0% 5.0% 10.0% � 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_2005_BB_2005-06-02_Financials Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50598 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/45f62608e87846f44f05abf611d16e94.pdf 3e1ce72e32d05582020ce01177e833aa PDF Text Text Council of Michi an Foun1ations CMF Serving 9rantmakers. Advancing giving. May25, 2005 Memo to: Martin Taylor, Chair, and Members of the Board of Trustees From: Libby Maynard, Co-Chair, Government Relations Committee Rob Collier, President cc: David Kennedy, Co-Chair, Government Relations Committee Re: Government Relations Update RESOLVED that S.B. 993 "Excise Tax on Certain Acquisitions oflnterest in Insurance Contracts in which Certain Exempt Organizations Hold An Interest" be supported and that supported be conveyed to Members of Michigan's Congressional Delegation. I. Background On May 11 Senators Grassley and Baucus jointly introduced this Bill to impose an excise tax equal to 100 percent ofthe acquisition costs on the taxable acquisition of any interest in an applicable insurance contract (life insurance, annuity, endowment contract in which both an applicable exempt organization and any person that is not an applicable exempt organization have directly or indirectly held an interest in the contract.) Attachment A is the press release from the Senate Committee on Finance detailing the Bill. This legislation is similar to a proposal, to end what is sometimes referred to as underwriting arbitrage, in President Bush's budget although has a harsher penalty. These type of transactions were one of the subjects ofthe June 2004 Senate Finance Committee Hearing. The significant issue according to the Council on Foundations (COF), which has recommended support of this Bill, is that charities realize penalties on the dollar while investors and promoters reap substantial financial rewards. The only tax shelter component is the use of the charity's exemption to shelter the annuity payments. COF has identified three community foundations named as beneficiaries of such transactions. We are unaware of any Michigan community foundations that are involved. The financial impact on participating community foundations and their donors will be minimal, although embarrassment will be a concern. While the CMF Government Relations Committee has not been able to discuss this issue, we are recommending support of this Bill at this time. Supporting this legislation demonstrates our commitment to high ethical standards in fundraising and investment strategies. �Government Relations May 25, 2005 Page 2 II. Summary of other activity in Washington related to philanthropy since the March Board Meeting March 8, 9 Foundations on the Hill Attachment B is a list of the members and CMF staff who participated in the annual Hill visits. We met with 13 members of Congress, staff of the other two and both Senators. We were delighted to have Senator Stabenow and Congressman Ehlers speak at our dinner meeting hosted by the DTE Energy Foundation. Attachment C is a memo that we delivered concerning CMF's position on the four primary revenue raisers in the report of the Joint Committee on Taxation. All of the members of the Michigan Congressional Delegation are supportive ofCMF' s position on these issues and the other concerns raised by the work of the Senate F inance Committee. As a result of our meeting, Senator Levin sent a memo (Attachment D) to Senator Baucus, Minority Leader of the Senate Finance Committee. April 5, Senate Finance Committee Hearing "Charities and Charitable Giving: Proposals for Refonn" Attachment E is a summary of this Hearing prepared by the Council on Foundations. One surprise was the proposal from Leon Panetta, fom1er member of Congress and Chief of Staff to Leon Panetta that there be a National Council on Nonprofit Accreditation. April 13, Representative Berger (R-CA) introduces H.R. 1607 - Public Good IRA Rollover Act This Bill supports a priority of CMF's Legislative Goals Statement, and we have shared our support with Congressmen Camp and Levin. April20, House Ways and Means Committee Hearing "An Overview of the Tax-Exempt Sector" Attachment F is a summary of this Hearing prepared by the Council on Foundations. The Summary notes questions on page 3 from both Congressman Camp and Congressman Levin Michigan' s representatives on the Committee. Chairman Thomas has a particular interest in the blurring of the boundaries between the purpose of non-profits and for-profits with a particular focus on tax-exempt hospitals. The issue of what defines a public purpose will continue to generate interest by this Committee. April27, Town Hall Meeting in Southfield for National Panel More than 220 nonprofit representatives, including more than 40 foundation representatives, participated in an afternoon briefing on the work of the National Panel convened by Independent Sector at the request of the Senate Finance Committee. Michigan Panel members Dottie Johnson, Bill White, Bill Richardson and Sam Singh from the Michigan Nonprofit Association, all spoke. CMF, MNA, the C.S. Mott Foundation, the W.K. Kellogg Foundation and The Kresge Foundation all sponsored the event. Attachment G is the agenda for the meeting along with the questions addressed by participants in the discussion sessions. June 8, Senate Finance Committee Hearing on Gifts of Appreciated Property, Conservation and Historic Facade Easements Senators Grassley and Baucus have announced their intent to hold hearings involving The Nature Conservancy, Land Trust Alliance and others involved in the gifting of real estate and easements. Representative Camp and both Senators Levin and Stabenow have already shared their opposition with the Senators to the recommendations of the Joint Committee on Taxation on these issues. CMF has been sharing examples of the gifting of real estate with the Senators and �Government Relations May 25, 2005 Page 3 engaged key organizations involved in the rebuilding of the Woodward Corridor in Detroit to prov ide information as well. June 22, Final Report of National Panel to be presented to Senators Grassley and Baucus The public comment period for the Final Report of the National Panel closed on May 19. The five work groups have a last round of meetings in early June before the National Panel meets with the Expert Advisory Committee to complete the Report. Vital issues that the Final Report will address include: • Board Compensation • Executive Compensation • Structure, Size, Composition and Independence of Boards of Directors • Travel Expenses • Donor Advised Funds • Type III Supporting Organizations • Abusive Tax Shelters and Charitable Organizations • Periodic Review of50l(c)(3) Status • Disclosure of Perfonnance Data by Public Charities • Non Cash Contributions • Revisions to Forms 990 and 990-PF Through his role as Chair of the MNA Public Policy Committee and a member of the Independent Sector Public Policy Committee, Rob has provided input on a number of these ISSUeS. July, 2005 - Legislation Expected from the Senate Finance Committee Senator Grassley and his staff have continued to signal that Donor Advised Funds, Type III Supporting Organizations, Tax Shelters and Credit Counseling Agencies will be the focus of the next Bill. In response to a request for a Senatorial privilege from Schumer of New York, the Chairman agreed to delay introduction of further legislation until after the National Panel has submitted its Final Report. However, as indicated above, he has already moved on insurance scams. Chairman Bill Thomas has not scheduled another Hearing of the Ways and Means Committee. III. A Discussion Item- Revisiting The Estate Tax Attachment His an April 24, 2005 article from The New York Times titled, "Charities are silent on Loss of Estate Tax." If time permits at the Board Meeting, we suggest a discussion on the merits of further researching the impact of the loss of the Estate Tax on philanthropy in Michigan. CMF's official position is one of neutrality, as is COF's position. Independent Sector supports reform of the estate tax that balances relief to fami ly farms and small business owners with continues tax incentives for the charitable gifts generated by continuing the estate tax. The following points from Independent Sector are prov ided to inform our discussion. The Relationship between Estate Tax and Charitable Donations • The estate tax includes an unlimited deduction for charitable giving, providing a valuable incentive to donate a portion of the estate to a charity or philanthropic fund. Although Americans have always supported a strong and independent charitable sector and give primarily out of a sense of altruism and compassion, policy makers have long recognized the �Government Relations May 25, 2005 Page 4 vital role tax incentives play in encouraging Americans, particularly wealthy taxpayers, to give more. According to the Internal Revenue Service (IRS), in 2003 more than half of charitable bequests came from estates valued at over $10 million, and two-thirds ofbequests came from those valued at over $5 million. • For decades, charitable organizations have encouraged wealthy donors to consider making bequests, establishing endowments or setting up foundations from their estates. Planned giving is now a key fundraising tool for nonprofits, and gifts from estates are an essential source of revenue. In fact, bequests have become one ofthe pillars of philanthropy and repealing the estate tax that encourages such gifts would, in essence, destroy the foundation of that pillar. • A July 2004 report by the Congressional Bud!get Office (CBO) 1 found that the estate tax not only provided an incentive for charitable giving at death (bequests), but also plays an important role in the philanthropic decisions people make throughout their lives. This conclusion has also been reached by other researchers.2 • According to the CBO report, based upon tax year 2000, one-sixth of estate tax returns fi led showed a charitable bequest, totaling $16 billion. The report estimated that repeal of the estate tax would have resulted in a decrease of charitable bequests of 16 to 28 percent and an overall loss of charitable donations of $13 to $25 billion in 2000 alone, more than the total corporate donations made that year. 3 • Studies have also shown that the most significant incentive for charitable contributions from estates is the top tax rate. 4 An estate tax rate that is too low would also dramatically affect bequests. When the top estate tax rate was reduced in 2003, the IRS found an 18.2% decline in charitable bequests compared to the previous year. Total bequests in 2002 were $17.83 billion and dropped to $14.6 billion in 2003. • Any reduction in the top tax rate would increase the cost of giving. The greater the reduction, the more detrimental the impact on philanthropy. Thus, significantly lowering the rate, such as to 15 percent, would have a profoundly negative impact on charitable giving. Where Do Bequests Go? • Many bequests go to religious organizations. According to Giving USA Surveys, all large religious organizations, more than half (56%) of medium-sized religious organizations and nearly a quarter (24%) of small religious organizations received bequests in 2001. • Educational institutions, hospitals, social service organizations, humanitarian assistance organizations, arts institutions, and every other segment of the charitable sector benefits from bequests and/or grants from philanthropic funds established by decedents in order to provide long-tem1 support to charitable organizations. 1 The Estate Tax and Charitable Giving, Robert McClelland and Pamela Greene, Congressional Budget Office (CBO), July 2004. 2 Effects of Estate Tax Reform on Charitable Giving, Jon M. Bakija and William G. Gale, Brookings Institution, No. 6, July 2003; Estate Taxes and Charitable Bequests by the Wealth, David Joulfaian, National Tax Journal, vol 53, no. 3 (September 2000), pp. 743-64. 3 CBO, supra note I; 4 Ibid.; Options to Reji>rm The Estate Tax, Leonard Burman, William Gale, and Jeffrey Rohaly, Urban-Brookings Tax Policy Center, March 2005. �Government Relations May 25, 2005 Page 5 Who Pays Estate Taxes? • Pursuant to the Economic Growth and Tax ReliefReconciliation Act of2001 , the estate tax exemption level rose to $1 million in 2002 for an individual ($2 million for a couple), up from $650,000 in 2001. ln 2004, the exemption level rose to $1.5 million for an individual ($3 million for a couple) and is scheduled to go to $2 million for an individual in 2006 ($4 million for a couple). By 2009, the exemption level will have risen to $3.5 million for an individual ($7 million for a couple), and the top estate tax rate will be 45 percent, down from 55 percent in 2001. • The vast majority of Americans are not subject to estate taxes at death. As the asset amount exempt from the estate tax rises, the number of estates subject to the tax declines. Today, the tax applies to only 2 percent of estates. By 2011, if the estate tax is retained at its 2009 levels, only 0.3 percent of all persons who die that year would be subject to the tax. In short, the estates of only 3 people out of 1,000 would be covered by the tax in 2011. � 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_2005_BB_2005-06-02_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50599 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/0a6de21596cced0e2515c2be763bdea2.pdf 005df1a57c056b4ccb9f2ea83ef0c676 PDF Text Text eMF r-' Council of Michigan Founaations 2005 Membership Renewal Invoice S<rvlng grontmaltrt AdW>rt<lng giving. GUIDING PRINCIPLES MEMBERSHIP RENEWAL INVESTMENT CHART ( Pf(ll~ 1ign al bottom to indifate acreplana) r ASSETS The CMF Board of Trustees has adopted the following Gttiding Prindplt.~ as a condition of membership, in recognition of the need for all foundations co strive to maintain the pllblic trust in fulfilling their respeccive charitable purposes. Members are ask ed to endorse these Guiding Principles chat set fo rth ideals for each member to work to achieve and demonstrate in the operarions of their foundations. The G11iding Prin<iplt.~ address the question often asked by the public- What do foundations stand for? I . Adhere to the highest standards of ethical behavior in all foundation acrions. 2. Honor donor(s) intent. 3. Have an identifiable active governing Board- a decisionmaking body that sers and regulasly reviews policies on: governance, including conflict of interest; grantmalcing; finance and administration, including audit; and communications. 4. Be: accessible by having basic granrmaking information readily available regarding funding priorities and applica<ion requiremenrs. 5. Build consuucrive relationships based on mutual respect, candor, confidentiality and understanding with rhe public, applicants, grantees and donors. 6. Suive to include rhe perspectives, opinions and experiences of che broadesc possible cross-secrion of people ro inform rhe foundation through irs grant making, through rbe composition of irs board, committees, sraff and advisors/consulranrs and rhrougb irs business pracrices. 7 . Support conrinuous learning by rrusrees, sraff and grantees. 300 500 900 1,100 1,400 1,700 2,300 3,000 4,700 6,300 7,200 8,400 9,600 12,900 16,200 20,000 24,000 30,000 36,000 45,000 80,000 500 300 150 * Membersh ip Jnves unent: $ _ _ __ _ _ __ (Plettu inwrt ,.,..llfll "'"' ilf'IWI'fJntl tlwrl) Additiunal l nvesunent: We subscribe to the Gtiiding Prindp!tJ. s Less than $500,000 $500,000- $1M (million) $1- $2M $2 -$4 M $4-$6 M $6- SSM $8 - $10M $10-$20 M $20- $40M $40- $60M $60- $80M $80- $100 M $100 -$200M $200- $400M $400-$600M $600-SBOOM $800 Million- $1 B (billion) $1-$2 B $2-$3 B $3-$4 8 $4 Bor Greater Out-of-State Associates Donor Advised Funds Affiliates $, _ _ _ __ _ __ (lttidir,...lgr•nt ••Pf>Kt for progra•s) Signarure Total: $ _ _ __ _ _ __ Dare *Amounts in excess of $500 may be r<ported ro rhe IRS as a grant. MEMBER INFORMATION PAYMENT METHOD: OVIsa 0 MlsterCard 0 ll scover 0 Amerl can Express 0 Check Enclosed Foundation Name Name of Main Contact Title Name on Card CredltiD Zip Ac.countNumber Exp. Date: Phone Fax Signature E-mail Web site address Please return ro: Council of Michigan Foundarion PO Box 599 Grand Haven, MJ 49417 or fax ro 616.842.1760 Address Gty State Aa rl<et Value of Assets (as of the latest fiscal year ending-mm/dd/yy) CMP" tu <Xtmpr under ~Ol(cX3). Please call us at 616.842.7080 with any questions. � 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_2005_BB_2005-06-02_Guiding-Principles Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book guiding principles 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 2005-06-02 board book guiding principles. 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, 50600 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/9c5cfc7ba8779a26895e77aca422adb9.pdf adeba82ef5b3e09deba68193c048d5f5 PDF Text Text MESSAGE FROM PRESIDENT SIMON t is my great pleasure ro offer greetings to Michigan State Universiry's outstanding friends in business, industry and phil· amhropy. Our corporate and foundation partnerships are vitally important. MSU is celebrating its 150th )'Car with reflection about the historic events ofour past and great excitement as we anticipate new advances in the future. As the model for rhe land-grant legislation signed into law by Abraham Lincoln, Michigan State University spearheaded the development of a new kind ofeducational traditionthe visionary idea of higher education that embraces practical knowledgl: in addition ro traditional scientific and classical studies and prepares srudents for their career.; and to become citizen leaders in their communities. I Through all the years and all of the changes in our university since we began this journey, Michigan Stare University has held firm to that initial vision and to its value~: quality (dedicating oursch·es ro achieving excellence); inclusiveness (providing opportunity for learners from all backgrounds); and connectivity (among academic enterprises, to society and to those we serve locall}~ nationally and globally). For 150 yean:, our values have served us well. MSU is now one of the top 100 research universities in the world and is regarded :as one of the most engaged institutions in the prestigious Association of American Universities. We recognize a special covenant wh.iJt joins us, as a land-gram university, with society. We have a responsibility to serve as a catalyst for realizing up"nrd mobility and for advancing Michigan's and the nation's About Lou Anna K Sinton • Became 20th president of MSU in January, 2005 • Provost and vice prc~idenr for academic affairs at .l\ ISU for 11 years • lnrerim presidentofMSU, M.~y-September 2003 • Regarded nationally as a powerful advocate of a researchactive, student-centered university that is an engaged partner wtth society in the land-grant rradition • Chat red the executive committee of the Committee on Institutional Coopemtion, an academic consortium of 12 major teaching and rc~carch univcr.;ities in the Midwest • One ofonly nine women CEOs among Association of American Univer~itics in~ritutiom · A detailed, comprehcmive knowledge of university budgets and financial management · Promoter ofdiversity in all areas ofl\ ISU atld lis ende:wo~ both on and off campus • Commitment to promoting uni\•crsiry outreach ventures, especially those serving youth and families economic competitiveness and quality of life. We hm'C a responsibility to listen and respond to society's needs and to shape an intellectual agenda rhar addresses the issues facing a global society today while also anticipating and shaping the issues of tomorrow. And we have a responsibility to marshal our resources to ensure that our value to society will continue to grow and appreciate over tunc. The support we receive &om our friends and alumni helps us ro meet these responsibilities. Whether in the form of rescan:h grants, scholarships, endowed faculty positions, capital improvements, or the many other ways in which private interests support university programs, we are sincerely gratefuL • Committed advocate of Academic Governance, prm,id.ing for faculty and student participation in deliberations of departments. schools, colleges and at the all-university levd • Published Author: "Serving Children and Families through Community-University Parrner.;htps" and "Universities and Communities: Remaking Professional and lnterprofessional Education for the Next Century" • Co-editor (with :\1aureen Kenny, Karen K.iley-Brabeck, Richard Lerner) of"Learning to Serve: Promoting Ci\il Society TI1rough Service Learning" • Held positions of assistant director of the Oflice of Institutional Research (now the Office of Planning and Budgets) and asststant and associate provost; currencly, provost of the ]\ 1 U College of Law • Teacher of College of Education graduate seminars on evaluation, planning and budgeting • Doctor.ltc in admintstrarion and higher education from l\'ISU • MSU fitculty member since 1974 � 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_2005_BB_2005-06-02_Lou-Anna-Simon Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book Lou Anna Simon 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 2005-06-02 board book Lou Anna Simon. 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, 50601 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/08cd31edb4469c7f65b73d62c534bdbb.pdf d453a7c4f4bb207a69c3589fd124162c PDF Text Text CMF Councilof Michigan Foundat ions Serving grantmakers. Advancing giving. May 25,2005 Memo to: S. Martin Taylor, Chair and Members ofthe Board of Trustees From: Betsy Upton Stover and Ira Strumwasser, Co-Chairs Rob Collier, President Re: Membership Report RESOLVED that the following three grantmakers be approved for membership: Bash Family Foundation, Escanaba Joycelyn A. Bash, President • Created in 1993, with current assets of $500,000 and grantmaking of $25,000, it focuses on the arts, education, health care and youth development. The Reid Family Foundation, Auburn Hills Sharon Grant, Manager • An operating foundation created in 2000, it has assets of$675,000, grantmaking of $3,300. Southeast Ottawa Community Foundation, Grand Rapids Diana R. Sieger, President • Formerly the Hudsonville Community Foundation, it is an affiliate of the Grand Rapids Community Foundation. Twenty-nine (29) membership information packets were sent to foundations newly registered with the State of Michigan. Activitv Summarv (or period April 1 through Mav 23. 2005 Memberships at 4/1/05 New members Membership at 5/23/05 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 399 3 402 171 of 399 (228 unpaid) 43% $ 891,790 6 $ 2,560 �Membership Report May 25, 2005 Page 2 Membership Renewals- 2005 Mailed to the following constituent groups in April: • Family foundations • Independent foundations • Community foundations • Corporate foundations • Corporate giving programs Groups yet to receive renewals: • Public foundations • Donor-advised fi.mds • Out-of-state associates CMF membership stands at 402. The following chart summarizes the current membership composition: Private: 230 Family Foundations Independent Foundations 169 61 Foundations Affiliates Donor-Advised Funds Supporting Organization 55 33 4 Foundations Giving Programs 26 30 Community: 93 Corporate: 56 19 Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Totals: 17 2 4 4 402 402 Forty-three (43) members are unpaid. Management continues to work with this list and anticipates that 20 of these will be dropped from membership this summer. � 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_2005_BB_2005-06-02_Membership-Report Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2005-06-02 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50602 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/46f915b05bef8e7dcb14ea2ac4cad968.pdf 7b651d9b20b45a89352d39a412a2385d PDF Text Text Council of Michi an CMF Foun~tions 5erving grantmakers. Advancing giving. To: Martin Taylor, Chair, and Members of the Board ofTrustees From: Rob Collier Re: President's Report It has been a busy spring since the Board meet in early March. Please let me know if you have any questions about the fo llowing summary of activities and news. This Report is broken into five sections: • Staff and Special Notes- page 1 • Education and Networking Events - pages 2-4 • Information Services and Communications -page 4 • Partnerships - pages 5 - 6 • Updates from the Supporting Organizations -pages 6-9 I. Staff & Special Notes Mike Goorhouse, an alumni of the Holland/Zeeland Community Foundation YAC and a sophomore at Calvin College has started as the Mawby Summer Intern for 2005. We look forward to introducing Mike to you ate the Board Meeting. We are delighted that Julie Ford has agreed to continue her employment with CMF for a second year. We have given her a new title of Public Policy Associate. During this year Julie and Vicki will be redesigning the Public Policy Fellowship. Stacey Barbas, who has been serving as Interim Executive Director of our supporting organization the Michigan AIDS Fund, has had Interim removed from her title in recognition of her strong leadership of the Fund over the past 18 months in a period of transition. Ranny Riecker, former Trustee and member of the Advisory Cabinet, received an Honorary Degree from the University of Michigan at the May graduation ceremony. An article from the Midland newspaper about Ranny is in the back pocket of this Board note book. We are excited that Ranny has been chosen by the Mawby Award Committee to receive the Mawby Award for Philanthropy at the Governor's Service Awards on June 18. II. Education and Networking Events March 8 & 9, Foundations on the Hill, Washington (Covered in the Government Relations Report) March 9-11, Forum of Regional Associations Annual Conference, Washington CMF staff presented in four sessions focusing on public policy and self-regulation issues at this Conference of staff from the 30 regional associations as well as New Ventures grantees. �President's Report May, 2005 Page 2 March 15, Detroit Area Grantmakers Fifty-seven grantmakers and guests attended the briefing on "Hearings, Legislation Washington's Impact on Philanthropy." The speakers, all of whom participated in CMF's Capitol Hill visit earlier in March, included: Andrea Cole, The Skillman Foundation, Rob Collier, Robin Ferriby, Community Foundation for Southeastern Michigan, and Karla Hall, DTE Energy Foundation with Cindy Allison from Comerica as moderator. March 17 & 18, Community Foundation Program Officers' Retreat - Grand Rapids Over 40 Michigan community foundation program staff participated in the annual Program Officers' Retreat in Grand Rapids to network and share infonnation. Speakers included Thomas Clay- Citizens Research Council and Jeff Guilfoyle- State of Michigan who discussed the impact of Michigan state budget cuts on local communities. The Grand Rapids Community Foundation hosted this year's retreat, including a fabulous St. Patrick's Day event in downtown Grand Rapids. March 17 & 18, Boston College Center for Corporate Citizenship -Dearborn Twenty-five corporate grantmakers participated in "Corporate-Community Partnerships: What Makes Them Work, Why They Fail" with a focus on principles for successful collaboration and partnership models. Course attendees learned how to identify appropriate nonprofit partners, develop a shared vision, identify mutual benefits and establish ground rules. The host sponsor was AAA Michigan. March 18 & 24. Washington Update- Conference Calls Mary Carole Cotter from the W.K. Kellogg Foundation, Karla Hall from DTE Energy and CMF Trustees Carol Goss and Dave Egner joined Rob to provide a briefing on the March 8 & 9 Hill v isits for more than 30 members. April 5, Detroit Area Grantmakers Thanks to the Community Foundation for Southeastern Michigan for bringing in Jan K. Malcolm, Senior Program Officer, at the Robert Wood Johnson Foundation (RWJF) in Princeton, New Jersey to talk about the obesity epidemic in SE Michigan. RWJF has committed itselfto tackling the childhood obesity epidemic iby focusing on unhealthy diets and sedentary lifestyles. Over forty grantmakers attended with Gail Warden, President Emeritus of Henry Ford Health System and a board member ofRWJF serving as moderator. April 7, Evaluation Workshop - Birmingham Nearly thirty grantmakers attended "Putting Evaluation to Work for Foundations" hosted by The Jewish Fund and The Skillman Foundation at the Max M. Fisher Federation Building. Jana Kay Slater, Ph.D. from the Public Health Institute and an experienced evaluator and social science researcher spoke on the findings from the David and Lucile Packard Foundation's recent "Evaluation and Philanthropy Project." Dr. Slater was the principal investigator for the project and the co-editor of Evaluation and Foundations: Contexts and Practices for Effective Philanthropy (Jossey-Bass, 2004). April ll, Michigan Evening- Council on Foundations Annual Conference - San Diego More than 40 members participated in a special tour and networking evening at the Museum of Modern Art San Diego's new facility (assisted by a grant from The Kresge Foundation) in LaJolla. David Campbell, President of the McGregor Fund, was recognized for his re-election to �President's Report May, 2005 Page 3 the Board of the Council on Foundations. Ira Strumwasser, President of the Blue Cross Blue Shield Foundation of Michigan was recognized for the Foundation's three new Wilmer Shields Rich Awards- a total of 21 - the most received by any foundation in the country. April 19 & 28, 990 - PF Conference Calls Twelve members are believed to have participated in the two calls hosted by the Forum of Regional Associations of Grantmakers with David Nims of Clark Hill in Detroit serving as copresenter. Despite the two guides developed with PricewaterhouseCoopers featured again on the website, we recognize the need to do more to promote these calls and resources next year. April21, Fathers Matters Forum, Lansing Center (Covered in the Public Policy Report) Am;l27, Nonprofit Town Hall Meeting, Westin- Southfield (Covered in the Government Relations Report) Mav 4, Early Childhood Investment Corporation -Conference Call Fifteen members, led by Susan Broman of the Steelcase Foundation and Co-Chair of the Public Policy Committee, participated in a Briefmg with Kristen McDonald-Stone of the Michigan Department of Human Services on the new Early Childhood Investment Corporation scheduled to become operational on October I. May I 0. Detroit Area Grantmakers Fifty grantmakers attended the May DAG luncheon meeting on "Early Childhood Programs: Improving Quality of Life Decades Later" moderated by Karen Aldridge-Eason, Foundation Liaison, Governor's Office. Lawrence J. Schweinhart, President, High/Scope Foundation, presented the results from the High/Scope fmty-year study that showed for every tax dollar invested in early education, the return to society was more than $17. Patricia William, a teacher at Hartford Head Start, spoke about using high-quality early childhood curriculums in the classroom. May 12, Michigan Middle Start Initiative Briefing, W.K. Kellogg Foundation - Battle Creek (Covered in the Public Policy Report) May 24, Economic Development Site Visit- Jackson (Covered in the Public Policy Report) May 31, Land Use Funders - Grand Rapids Led by Co-Chair Marty Fluharty from the Americana Foundation, the Land Use Funders will be meeting to plan their annual fall convening and discuss next steps for an urban strategy with the State Department of Labor and Economic Growth June 1, Michigan Grantmakers for Women & Girls Workshop- East Lansing More than 30 members and guests are expected for this annual seminar featuring the Michigan Women's Commission and a session titled "Raising the Grade on Women's Health. June 10-12, Fan1ily Foundation Retreat- Grand Traverse Resort (Covered in Family Foundations Report) �President's Report May, 2005 Page 4 June 14, Alternative Investments - Conference Call Led by Chris Meyer from Fund Evaluation Group and Paul Weisenfeld from Smith Barney, more than 15 members are expected to participate in this phone discussion of alternative investments and strategies for selecting, monitoring and evaluating alternative investment managers. June 24-26, Youth Leadership Conference- Central Michigan University Challenging Youth - Building Purpose is the theme for this Annual Conference which more than 150 youth grantmakers and advisors from Michigan and North Carolina, Pennsylvania, Massachusetts, Kansas, New York, Virginia, Ohio, Wisconsin, British Columbia and Mexico will attend. III. Information Services & Communications During the months of March, April and May 466 books, audio and video tapes were added to the CMF library along with 18 1 resource files, articles and news clippings. During this period we introduced abstracts and a subject organization to the recent acquisitions list. Most frequently asked questions from members include information on accountability and transparency, compensation and benefits, and governance. The new Memo to Members was published in April with the first ever electronic edition. The May issue of MNA Links from the Michigan Nonprofit Association features the first of what will now be regular articles from CMF as a communications tool for serving grantseekers. Redesign of E-News is underway as well as updates for the website that will be introduced at the Annual Conference. The next edition of The Family Philanthropist due at the end of June will focus on Preparing Future Foundation Leaders. The cover article will feature an interview with Kel in Gersick, cofounder of Lansberg, Gersick & Associates, a r esearch and consulting finn in New Haven, Connecticut, and the lead author of "Generations of Giving: Leadership and Continuity in Family Foundations." This is the second year CMF has partnered with the Ohio Grantmakers Forum on the production of this national newsletter. The 2005 subscribers include: Connecticut Council ofPhilanthropy, Delaware Valley Grantmakers, Metropolitan Association for Philanthropy, Maine Philanthropy Center, Council of New Jersey Grantmakers, Northern California Grantmakers, San Diego Grantmakers, Western New York Grantmakers and Grantmakers of Western Pennsylvania. �President's Report May, 2005 Page 5 IV. Partnerships Youth Philanthropy - During February and March, Kari Pardoe, Program Associate, spoke at a Youth Symposium in Traverse City, the AdNet conference in Arizona and a convening of youth serving organizations in Ohio. March 3. Legislative Briefing - Lansing CMF Trustees Diana Sieger and Dave Egner joined Foundation Liaison Karen Aldridge-Eason for a briefing to 35 legislators and staff on Foundations, featuring the new edition of The Michigan Foundation Directory. March 22 - Senate Commerce & Labor Committee - Lansing Rob joined Sam Singh of the Michigan Nonprofit Association and Kyle Caldwell of Connect Michigan Alliance for this annual briefing on the nonprofit sector and philanthropy to the Committee Chaired by Senator Allen of Traverse City. April 21 - ArtsAiive Policy Day - Lansing Economic Benefits ofMichigan's Arts and Cultural Activities, research by the Upjohn Institute with funding from the Gilmore and Ruth Mott Foundations through the Michigan Nonprofit Research Program was released at a Legislative Breakfast hosted by ArtServe. April 28-May 4, TCFN - Ottawa Donnell Mersereau continued her leadership role with the Transatlantic Community Foundation Network funded by CMF member the C.S. Mott Foundation and the Bertelsmann Foundation of Gemmny. May 3, Land Use Funders - Lansing Through the Office of the Foundation Liaison, a group of Land Use Funders met w ith Director Hollister of the Department of Labor and Economic Growth to discuss the Administration's Urban Reinvestment Strategy and how foundations may be involved. May 5 Grantmakers for Effective Organizations Knowledge Management Conference - Boston Gail Powers-Schaub, Director Knowledge Resources & Services, presented on the topic Infommtion Management vs. Knowledge Management at this Conference, which drew a capacity crowd of 150 people representing a brad scope of functional areas- all working at various stages of knowledge management projects in their respective organizations. May 10, Michigan Manufacturers Association Awards- Lansing Rob continued to serve as a judge for the Association's annual Manufacturer of the Year Awards to small and large tier manufacturers for corporate citizenship. In 2006 CMF will help the Association develop an award for corporate philanthropy. May 13 Infrastructure Meeting - Pocantico, New York Bill Richardson, CEO of theW. K. Kellogg Foundation, and Bill White, CEO of the C.S. Mott Foundation, j oined four other national philanthropy infrastructure funders to host this meeting to discuss the role of infrastructure organizations like regional associations in promoting selfregulation in the field. Rob reported on CMF' s work with the Office of the Attorney General. �President's Report May, 2005 Page 6 May 16-23, WINGS - London, England Donnell Mersereau participated in the WINGS Coordinating Committee and WINGS Peer Learning on "Standards, Codes and Ethics." She reported on CMF's work in helping community foundations with National Standards. As chair of the WINGS-CF Advisory Committee, she is taking a leadership role in the d esign for WINGS of the proposed "Global Fundfor Community Foundations" to be funded by the World Bank, major Philanthropic Infrastructure funders and other multilateral organizations. May 23 & 24, Forum/Council on Foundations Education Collaboration - Chicago Vicki Rosenberg is playing a leadership role in this partnership to design a new curriculum for the Institute for New Grantmakers that will be delivered by regional associations of grantmakers nationwide. CMF hopes to pilot the new Institute this fall. June 1, Nonprofit Council to the Charitable Trusts Section of the Attorney General - Lansing Deputy Attorney General Carollsaacs, who chaired the Council, has retired. New Deputy Gary Gordon will Chair his first meeting of the Council. CMF Trustee Libby Cherin, member Susan Broman and Rob represent CMF on the Council. The Charitable Solicitation Act will be the main focus of the meeting. June 14-15, Michigan Nonprofit SuperConference - Dearborn CMF is again serving as a sponsor for the SuperConference produced by the Michigan Nonprofit Association. Susan Howbert is playing a leading role in organizing more than 35 funders to serve as hosts for Conversation Tables in the Plenary Session on Tuesday, June 14. Please let Sue Cuddington know if you need registration information. June 16, Michigan IDA Partnership, Asset Building Coalition- Lansing CMF is partnering with CEDAM (the Community Economic Development Association of Michigan) to launch this bi-partisan Coalition facilitated by the Corporation for a Skilled Workforce that will build on the success of Individual Development Accounts in Michigan as one asset building tool. As the Michigan IDA Partnership ends in September 2006, the Coalition will carry on its policy mission. June 18, Governor's Service Awards - Dearborn CMF is again serving as a sponsor of the Governor's Service Awards with the Mawby Award for Philanthropy presented as the first award of the evening. Please let Sue Cuddington know if you would like tickets to attend. V. Updates from Supporting Organizations A. Michigan Community Foundations' Ventures (MCFV) The "Community Foundations R & D Incubator" is providing assistance to the Council on Foundations on key communications for the community foundation field on the implications of the proposed legislative changes on the valuation of charitable gifts of property, donor advised funds, supporting organizations, and the IRA charitable rollover provisions. �President's Report May, 2005 Page 7 The "Regional Marketing Initiative" continues with three states, Iowa, South Carolina and Maryland planning collective marketing campaigns in their regions utilizing the NMAT marketing tools. The C.S. Mott Foundation has provided a second year of funding. Aspen Institute's Nonprofit Sector R esear ch F und and the CS Mott Foundation have supported a research project "Together is Better," examining the effects of regional collaboration among small community foundations on their operations, marketing and fmancial sustainability. This research project is a joint effort of MCFV, Blueprint Research & Design, Inc., Public Policy Associates, and Williams Group, and will include 5 case studies on collaboration - two from Michigan. The report is due to the field in early June. "Making a Difference: A community impact series," a four session Michigan curriculum on opportunities for community foundations to better define and collect meaningful outcomes and performance measures with grantees has been repurposed as a self-directed web based product will be made available to the nation via the Council on Foundation's Center for Community Foundation Excellence, thanks to funding from the C.S. Mott Foundation. Promotion and release of this new, innovative training is scheduled for early June. CompassPoint Nonprofit Services (CompassPoint) and MCFV received $40,000 in grant support to conduct a national research study on the status of relations between Community Foundations and U nited Ways in rural communities, mid-size cities and large urban metropolitan areas. The report will be presented at the COF Fall Community Foundation Conference in Seattle. B. M ichigan AIDS F und The Michigan AIDS Fund Board is meeting on M ay 27 to focus attention on HIV prevention. While the Board and staff recognize the continuing need for such efforts as patient care and organizational capacity building, it has decided to focus staff expertise and limited resources on the prevention ofHIV transmission. Core activities that support this new mission will be grantmaking to support programs and services that focus on science-based methods to present the spread ofHIV/AIDS, and public engagement to mobilize policymakers and community leaders to respond to the epidemic. While prevention dollars have become more scare at the federal level- only 5% of all federal funds allocated for HIV/A IDS, research confirms that it is the only strategy that absolutely works. Rates of new infections range from 570 to 1,200 persons per year and more than 16,000 Michigan residents are living with HIV /A IDS. The estimated cost of care and treatment for one HIV person is $195,000. A recent study found that $1 million invested in prevention saves $2.7 million in medical care. The partnership with the Michigan Department of Commm1ity Health continues to be the primary source of funds for re-granting by the Michigan A IDS Fund. �President's Report May, 2005 Page 8 C. Learning to Give May 26,2005 To: Council of Michigan Foundations Board of Tmstees From: Dorothy A. Johnson, Co-chair James A Kelly, Co-chair Re: Learning to Give Update The Learning to Give Board is meeting by conference call on May 31. Approval is expected of a one year joint operating agreement with Community League, based in Newark, New Jersey. This Agreement could lead to an eventual merger, and we will provide a more detailed report to the CMF Board in the fall on progress with this Agreement. Founded by Bill Hoogterp, a successful community activist, national youth service leader, and recent dot.net online entrepreneur with ties to Michigan, the League's core idea is to credit monetary value to youth donations and service and to track the values online as "points". Students are organized into teams within schools. Schools are organized into leagues and substantial recognition is given to students and teachers for points earned. Bill Hoogterp, has impressive personal relationships with political, youth leadership, corporate (especially young new leaders such as the President of JetBlue and the creator of Java Script), media executives, and actors/actresses. He wants to work within schools and recognizes that Learning to Give prov ides the cognitive classroom-based educational component to the service activity and experiential approach of the League. During this period, CL and LTG will pilot test a merged model in two school districts in New Jersey, and two districts in Michigan. In addition, two districts in Washington DC and in Indiana may be included. At the end of the school year (spring 2006) it should be apparent whether it makes sense to continue a relationship and what type; if there is a need for another year of testing, or if there is no reason to continue a relationship. Other highlights of activities this spring include: • The Kellogg Company Senior Vice President for Marketing, Kevin Smith continues to be very helpful in providing assistance regarding the national corporate sponsorship. After nine-months of background work for approaching Wal*Mart changes in the avenues of contact have made access less possible. The focus is now turning to Microsoft. • A number of interesting partnerships have been secured with groups such as the National Center for Family Philanthropy, Emerging Practitioners in Philanthropy, and the Association of Small Foundations. New partnerships are in the final discussion phases with groups such as Idealist and DonorsChoose. • The LTG web-site is now averaging over 150,000 user sessions a month. User sessions mean that the person is actually working on the site and not just browsing through. This �President's Report May, 2005 Page 9 equates to 1.8 million user sessions in a year. There are over 3 million "hits" on the site each month. A hit simply means someone clicked-on the web site. • A proposal to the Lilly Endowment is due in mid-June for $800,000 over a two-year period. The grant will include funding for Learning to Give-Indiana. • In the fall, the LTG Steering Committee chaired by Russ Mawby, will become the LTGMichigan Advisory Committee to the LTG-Michigan program at Grand Valley State University. Russ will continue as chair for a year, with Dave Egner committed to moving into the chairmanship in the future. In all, LTG continues to be successful and is expanding rapidly to new areas. � 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_2005_BB_2005-06-02_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50603 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/023dbf12b652371633ca160ff5e19b11.pdf 52c39c14c186e525a03b597ccc68fd62 PDF Text Text CMF Council of Michigan Founcfations >erving 9rontmokers. Advancing giving. Board of Trustees Meeting Minutes Tuesday, March 3, 2005 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 Thursday, March 3, 2005 pursuant to written notice duly given. The meeting was called to order at 10:15 a.m. by S. Martin Taylor, Chair. He welcomed new Trustees, John Colina, George Francis, Wes Maurer and Dan Wyant and self-introductions were made. Trustees and Officers present in addition to Mr. Taylor: Diana R. Sieger Richard Groos RobertS. Collier Wesley H. Maurer, Jr. John Colina David K. Page Elizabeth A. Cherin Phillip H. Peters Gerald K. Smith Herbert D. Doan David 0. Egner Elizabeth C. Sullivan Rev. J. Louis Felton Margaret (Peg) Thompson Sandra E. Ulsh George F. Francis, III Dan Wyant Russell L. Gabier Carol Goss Special Guest: Tom Clay, Director of State Affairs, Citizens Research Council CMF Staff: Vicki Rosenberg, Vice President & COO David Lindberg, Vice President, Finance & Administration Jeri Fischer, Director, Membership & Special Projects Julie Ford, Public Policy Fellow Mike Gallagher, Managing Editor Kathy Ginocchio, Director, Technology Susan Howbert, Director, Family Philanthropy Approval of Minutes The minutes of the November 3, 2004 Board of Trustees Meeting and the February 16, 2005 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 3, 2004 and the minutes ofthe February 16, 2005 Executive Committee Meeting be approved as presented. �Board of Trustees Meeting Minutes - March 3, 2005 Page 2 Treasurer's Report Phil Peters, Audit and Finance Committee Member, reviewed the December 31, 2004 Financial Report and introduced Dave Lindberg, Vice President for Finance and Administration, who reviewed the Consolidated Balance Sheet and Statement of Activities noting the Core Operations is budgeted to earn a surplus of $52,800. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the December 31, 2004, Financial Report, as recommended by the CMF Audit & Finance Committee, be approved. Investment Committee David Lindberg, CMF VP of Finance & Administration, presented the Investment Report for the period ending December 31, 2004. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the December 31, 2004, Investment Report, be approved, as reviewed and recommended by the Investment Committee. Plan of Work Rob Collier introduced the FY05 Plan of Work noting two changes to the document from last year: • the addition of metrics against which CMF will measure its progress in achieving each objective within the Plan of Work; and • the consolidation of the Membership and Governance & Operations sections into one section titled, "Operate. " Vicki Rosenberg reviewed highlights ofCMF's FY04 accomplishments (see attached PowerPoint presentation): • Advocate: CMF's leadership role in the field's response to Congressional scrutiny; Michigan representation on the National Panel on the Nonprofit Sector convened by Independent Sector and its workgroups; 22 CMF members participating in the annual Foundations on the Hill visit. • Educate: The first 990-PF Conference Calls, first annual conference CD containing session handouts; and release ofthe Community Foundation Youth Advisory Council Longitudinal Study. • Increase: 99 new foundations formed this year in Michigan; CMF's direct assistance to 34 donors and/or their advisors on charitable giving options; and a 32% increase in the number of gifts made to community foundations in 2004. • Lead: The Public Policy Committee's first day-long forum for grantmakers, policymakers, and state officials on early childhood, titled "Early Matters, " the transition of Learning to Give to a supporting organization; and the Michigan IDA Partnership's success in helping 300-plus Individual Development Account holders purchase their first home, continue their education or start or improve a small business. • Network: CMF's first winter member event in Florida; a 7% increase in attendance at the monthly Detroit Area Grantmakers' luncheon series; and the Spring 2004 Members' Reception at the Air Zoo in Kalamazoo. �Board of Trustees Meeting Minutes - March 3, 2005 Page 3 • • Promote: 41 News Wire articles published contributing to a 238% increase in visits to the News Room on the CMF website at www.cmif.org; CMF work with youth grantmakers, partnerships with the state and creation of the Office of the Foundation Liaison showcased in a case study published by the Global Business Network. Operate: Successful dues increase, expanded annual conference marketing and participation in the Forum of Regional Association's Guest Membership Program. Ms. Rosenberg summarized highlights of the proposed FY05 Plan of Work as noted in the attached copy of the PowerPoint presentation. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Plan of Work for 2005-06, as recommended by the Executive Committee, be approved. Budget Phil Peters introduced the proposed budget for 2005-06 with David Lindberg reviewing the key sections of the budget. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the 2005-06 Budget, as recommended by the CMF Executive and Audit & Finance Committee, be approved. Membersh ip Rob Collier noted that three new members are being recommended for approval for membership. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the following three foundations be approved for membership: Community Foundation Alliance of Calhoun County, Homer Carol Petredean-DiSalvio, Administrator A group of five community foundations and affiliates - Albion Community Foundation, Athens Area Community Foundation, Battle Creek Community Foundation, Homer Area Community Foundation and Marshall Community Foundation - created this public foundation, grantmaking vehicle in 2002. Assets are currently at $645,661 and grants paid at $384,780. Conway Family Foundation, Belmont Stephen M. Conway, Secretary/Treasurer Established in 2000, donor is Stephen M. Conway. Current assets are $780,000 and grants $32,000. �Board of Trustees Meeting Minutes - March 3, 2005 Page 4 The Jury Foundation, Saginaw Sarah Jury, President Created in 2004 from the split ofthe Porter Foundation, a CMF member that is based in Grand Rapids. Assets are currently at $2.3 million. The following three members are dropped from membership in addition to Iacocca and Rosenzweig Coopersmith: Delphi Foundation, not able to use services The Ludy Foundation, moved to Florida MEEMIC Foundation for the Future of Education, not able to use services Jeri F ischer, Director of Membership Services, reviewed the current renewal invoice. Rob Collier led a discussion on member support for the Guiding Principles as a condition of membership. Government Relations Rob Collier reviewed the report from the Joint Committee on Taxation with the recommendation that CMF oppose four of the options in the Report as noted below. Mr. Collier noted that Sections A & H w ill have the most significant impact on organized philanthropy. It is acknowledged that the IRS does not have the capacity to undertake the proposed five-year review and the added reporting requirement would not impact the issues that the Senate is interested in correcting in nonprofit governance. The main priority seems to be to generate income from the proposed new fee. In addition, the proposed changes on the value of gifts of real estate would impact the growth of new foundations as well as contributions to donor advised funds. Sections F & G will impact individual donors as well as grantees of many CMF members. Because of the CMF visit to W ashington on March 8 & 9, the recommendation to oppose these four options would be communicated to m embers of the Michigan Congressional delegation, especially Senators Levin and Stabenow. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Council of Michigan Foundations oppose the following recommendations from the Joint Committee on Taxation Report issued January 27, 2005- a copy of which is attached from the Summary prepared by the Democratic Staff of the Finance Committee and convey these positions to the members of the Michigan Congressional Delegation. Section A. Require Five-Year Review of Exempt Status of Public Charities and Private Foundations. (Note - CMF's position would not address the requirement for an annual notice by organizations not required to file). Section F. Modify Charitable Deduction for Contributions of Conservation and Facade E asements. �Board of Trustees Meeting Minutes- March 3, 2005 Page 5 Section G. Limit Charitable Deduction for Contributions of Clothing and Household Items. Section H. Reform Rules for Charitable Contributions of Property. CMF Trustee Dave Egner, also Chair of the Foundation Liaison Advisory Committee, reported that the Committee feels the work of Karen Aldridge-Eason and Associate Maura Dewan has been helpful to both the State and the foundation community and is requesting that CMF continues its role for an additional period of time. The time frame being recommended would carry the office through the 2006 Election and into the State budget that would start October 1, 2007. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Council of M ichigan Foundations continue to act as host for the Office of the Foundation Liaison to the Governor of the State of Michigan for the period Oct ober 1, 2005 to March 31, 2008 and submit proposals needed to secure the private funding needed to operate the Office for that time. Communications Vicki Rosenberg, Vice President & COO, presented the communications plan. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Communications Plan target the six priority audiences of members, nonmembers, grantseekers, professional advisors, policymakers and media through the communications tools as set forth below and other activities that may need to occur to remain responsive and nimble: Target Audience Members Potential Members Policymakers Media Tool, Format & F r eque ncy • Memo to Members - Quarterly . . .. print & electronic News Wire - replaces E-News2x month -electronic & fax Member Alert -As needed electronic & fax www.cmi{org - 24/7 Family Philanthropist- 2x year print & electronic • News Service- 24/7 - electronic (automatic feed ofarticles with option to customize topics sent) • www.cmif.org - 24/7 • www.cmif.org - 2417 • www.cmif.org - 24/7 Opportunities Newsletter: • Annotated table of contents • State perspectives in all articles • More coverage of breaking news, improved new grants feature, more guest columns • E-versions • Improved content across website, new areas on effectiveness & for new members • Expand news service to multi-state region • Explore feasibility ofE-newsletter for corporate grantmakers • Improve Join Area of website • Develop policymakers area • Get links to website from preferred sites • Develop media area . Get links to website from preferred sites �Board of Trustees Meeting Minutes - March 3, 2005 Page 6 Target Audience Professional Advisors Grantseekers .. . . • • • • Tool, Format & Frequency www.cmif.org - 2417 Establishing a Charitable Foundation-3 year cycle-print/CD Sample Documents - on Institute for Continuing Legal Ed web site www.cmif.org - 2417 Information for Seeking - biennial - print & electronic MI Foundation Directory-biennial print & CD Common Grant Application - 2417 electronic Column in MNA Link-6 per year . . OpportunHies Explore other association partnerships to reach audience Partner with MNA to keep grantseekers informed on regular basis President's Report Diana Sieger commented on the success of the Community Foundations CEO Retreat which featured Lucy Bernholz from Blueprint Research and Design, Inc., in San Francisco. Susan Howbert reported on the family foundations Be Ready By Five site visit to High/Scope, and the most recent training for corporate grantmakers with the Boston College Center for Corporate Citizenship. Julie Ford, Public Policy Fellow, discussed the activities of the Public Policy Committee, especially the January 5th meeting with the Governor and Children ' s Cabinet. Mr. Collier noted the reports in the Trustee's book from the three Supporting Organizations and h ighlighted the fast progress by the new Board of Learning to Give. He then introduced special guest, Tom Clay, from the Citizens Research Council who presented a 20-minute update on the challenges with the State Budget (presentation attached). Adjournment The next regularly scheduled meeting of the Board of Trustees will take place Thursday, June 2, 2005 at the Kellogg Hotel and Conference Center in Lansing. 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 S:\Boards and Commitees\CMF\Board\2005\Board Meeting Minutes\Draft3.3.2005Minutes.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_2005_BB_2005-06-02_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50604 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/e2f43dab034345319e5a7b81aa8ef111.pdf 20b83a2d88a983578a00f307497337fa PDF Text Text CMF Council of Michi an Foun1ations Serving 9rantmakers. Advancing giving. May23, 2005 Memo to: Martin Taylor, Chair, and Members of the Board of Trustees From: Dave Egner, Susan Broman, and Karla Hall, Co-Chairs Public Policy Committee, Vicki Rosenberg, COO, and Julie Ford, Public Policy Fellow Re: Public Policy Committee Report RESOLVED that the CMF Board of Trustees approve the addition of "criminal justice" to the Public Policy Committee's focus issues that now include land use, early childhood, health care, k-12 education, and workforce development. Background Criminal justice policy addresses law enforcement, courts, and corrections systems, including issues such as: prisoner reentry, sentencing guidelines, juvenile justice, and the rising costs of public safety. With the knowledge that the Department of Corrections consumes a larger portion of the state budget each year, houses approximately 50, 000 prisoners at any given time, 90 percent of whom will eventually be released back into Michigan communities, and employs over 17,000 people, the Committee seeks to add criminal justice to its focus issues as a result of its economic and social importance. Update Since the March 2005 report to the Board, the CMF Public Policy Committee has hosted educational events and begun to implement its 2005-2007 plan. Highlights of activities include: • • • • Several members of the Committee traveled to New York City with state leaders in early March for site visits to two successful community children's programs funded by the C.S. Mott Foundation, Hosted a session on the legal rules surrounding advocacy and crafting effective public policy messages at the Forum of Regional Associations ofGrantmakers' Conference in Washington, DC. Met on April 18 to welcome new members Sheri Brady, Director of Public Policy at the W.K. Kellogg Foundation, Neal Hegarty, Program Officer at the Charles Stewart Mott Foundation, Glenn Kossick, Executive Director of the Metro Health Foundation, Nora Maloy, Senior Program Officer at Blue Cross Blue Shield of Michigan Foundation, and Peg Tal burtt, Executive Director ofthe James A. & Faith Knight Foundation; discuss developments related to policy, program, and partnerships related to its six focus issues; and discuss ways to more fully engage legislators in its work. Pmtnered on April 21 with community foundations and the Office of the Foundation Liaison on Fathers Matter: A Forum for Grantmakers and Policymakers. Approximately 50 attendees heard presentations by Dr. John Jeffries, fatherhood consultant, Senator Bill Hardiman, and First Gentleman Daniel G. Mulhern and participated in roundtable discussions about challenges facing fathers and actions they might take in their communities. �• • • • Partnered on May 12 with theW. K. Kellogg Foundation on a grantmakers briefing on the Michigan Middle Start Initiative. Held the Committee's fi rst site visit on May 24 to the Armory Arts Project in Jackson on the arts and economic development. On behalf of the Michigan Chapter of Grantrnakers in Aging (GIA), applied for and received a grant of $20,000 over two years from GIA to increase funding, support, and understanding of aging. The grant requires a one-to-one match from Michigan foundations. Continued increasing CMF members' awareness and understanding of the Committee's focus issues through articles, links to research reports and the events mentioned above as summarized below. Public Policy Related Articles & Reports CMF NewsWire • 3/ 17/05 State And Foundation Leaders Partner On NY Fact-Finding Mission For Children • 3/22/05 Michigan Budget Troubles Spark Foundation Partnerships State Mental Health Plan Needs Work, Says Key Foundation Advocate • 4/27/05 Memo to Members (Spring 2005) • Michigan Criminal Justice Focus ofCMF Public Policy Committee • State and Foundation Leaders Partner on NY Fact-Finding Mission for Children • Flahaven Calls CMF Experience "Best Training Ever" E-News (links to public policy reports) March 2005 • Early Child Development in Social Context • Health and Fiscal Policy: What Every Funder Should Know • Graduation Rates: Real Kids, Real Numbers Apri/2005 • Young Children Develop in an Environment of Relationships • Closing the Quality Gap in Michigan: A Prescription for Mental Health Care • The Report of the Re-Entry Policy Council May 2005 • Schooling, Statistics, and Poverty: Can We Measure School Improvement? • Advocating for Equitable Development • Job Turnover, Wage Rates, and Marital Stability: How Are They Related? � 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_2005_BB_2005-06-02_Public-Policy Title A name given to the resource Council of Michigan Foundations 2005-06-02 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 2005-06-02 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, 50605 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/651d2dd87d4cd4c1d04839390fa37f87.pdf d607d65fb5aadc36191ddfe295bdb254 PDF Text Text PAA Lobbyist Profiles: Rebecca L. Bechler Page I of I Rebecca L. Bechler Rebecca Bechler JOined Public Affairs Associates, Inc. in January 1993, havrng spent several years in key legislative staff roles managing activrt res wrthin the Senate Republican caucus. Rebecca brings to PAA a thorough understanding of the political climate in which legislation is developed, Introduced, and managed at the local, state and federal levels. Prior to joining t he firm, she served as legislative drrector for Senate Majority Leader Dick Posthumus, and was the Senator's chief leg islative liaison with both legrslative chambers and the Governor's offrce. In addition, Rebecca served as the maJority leader's representative with the Senate Republican Policy Office. Her responsibilities included coordinating the weekly legislative Senate Republican Caucus, Leadership meetings and assisting with the introduction and referral of new legislation to proper committees. Prior to working for the Senate M\ljonty Leader, Rebecca spent four years as the constrtuent and legislative drrector for the chairman of the Senate Energy Commrttee. In this capacity, she was responsible for the organization and coordination of day-to-day constituent relations activities, Including correspondence and legislative initiatives. In addition, Rebecca served as the Senator's liaison with local government officials and various state agencres. Rebecca recerved her Bachelor's Degree m Political Scrence from Wheaton College, Wheaton, I lhnors in 1986. « Previol!S Profile I Next Profile » « PAA Home copyright © 1999, PAA, Inc. hnp:/ www.paaonline.com/bechler.html 5125/2005 � 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_2005_BB_2005-06-02_Rebecca-Bechler Title A name given to the resource Council of Michigan Foundations 2005-06-02 board book Rebecca Bechler 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 2005-06-02 board book Rebecca Bechler. 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, 50606 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 2005-06-02 https://digitalcollections.library.gvsu.edu/files/original/bf23debe49a7840ad341250d03766819.pdf 430c92ed6dea2e1e6083bcb53cb69e9a PDF Text Text September 30, 2005 To: CMF Board of Trustees cc: Vicki Rosenberg, Vice President & COO David Lindberg Vice President, Finance & Administration New Board of Trustee Nominees From: S. Martin Taylor, Chair Robert S. Collier, President Re: October 10, 2005 Board of Trustees Meeting Grand Traverse Resort & Spa (directions enclosed) Director's Room 8:00a.m. Continental Breakfast Available 8:30- 11:15 a.m. Board Meeting Agenda materials for the Board ofTrustees Meeting and Annual Meeting of the Supporting Organizations are enclosed. Below is a brief overview of the events for Trustees- we look forward to seeing you next week in Traverse City! Sunday, October 9 6:00 p.m. Pre-conference dinner and Presentation by Ken Burns 8:30p.m. Private Reception with Ken Burns in the Top of the Tower (Trillium) Monday, October 10 8:00a.m. Continental Breakfast with special guest, Deborah Hechinger, BoardSource Board Meeting 8:30a.m. 11:30 a.m. Board Picture (outside Director's Room) 2:00-3:00 p.m. Opening Plenary Session with Deborah Hechinger 6:00-9:30 p.m. Reception and dinner recognizing Schmuckal family members along with an Interlochen Arts Sampler Tuesday, October 11 1:00-2:00 p.m. Luncheon, Annual Members Meeting, and Plenary with Steve Curwood 6:30p.m. Celebration on the Bay at the Great Lakes Water Studies Institute Wednesday, October 12 10:00 a.m. Informal Conversation with Rosabeth Moss Kanter (Michigan Room A) 11:30 a.m. Closing Plenary with Rosabeth Moss Kanter As indicated in Tab 6, we will be honoring Bill Richardson at the closing plenary. We will save our recognition of John Marshall for the May 25 Members Reception at Kresge - closer to the date of his retirement. If you have any questions about any of the events please call Sue Cuddington at 616.842.7080. �DIRECTIONS TO: Grand Traverse Resort & Spa 800.968.7352 ~ ~ From Chicago and Milwaukee: Take 1-94 east through Indiana into Michigan. Exit on 1-196 (north of Benton Harbor/St. Joseph) to Grand Rapids. Go north on US-131 until you reach M-72 in Kalkaska . Go west on M-72 approx. 15 miles to Acme. Go north on US-31 about 1/2 mile. Resort will be on the east (rt.) side of the road. Map From Cleveland and Detroit: Take 1-75 north through Saginaw, until you reach M-72. Go west on M-72 at the Grayling exit, then approx. 30-35 miles through Kalkaska into Acme. Go north on US-31 about 1/2 mile. Resort will be on the east (rt.) side of the road. Map From Indianapolis: Take US-31 north to 80/90. Go east on 80/90 to US-131. Continue north to M-72. Go west on M-72 approx. 15 miles. Go north on US-31 about 1/2 mile. Resort will be on the east (rt.) side of the road. Map From Lansing: Take route 27 north to exit 254 this exit will turn into M-72. Go west on M-72 approx. 35-40 miles. Go north on US-31 about 1/2 mile. Resort will be on the east (rt.) side of the road. Map From Cherry Capital Airport: As you exit the airport turn left on South Airport Road and continue until it comes to an end at 3 Mile Road. Turn left on 3 Mile Road to the light at US-31 . Turn right on US-31 and go north approximately 10 minutes to the intersection of US-31 and M-72. Continue through the light and the resort will be on the right side of the highway �eMF Council of M ichigan Founcfat ions Serving grantmakers. Advancing giving. Board of Trustees Meeting Monday, October 10,2005 8:30a.m. Grand Traverse Resort & Spa Director's Room AGENDA TAB S. Martin Taylor Call to Order Introductions Special Guest, Deborah Hechinger, President, BoardSource I. ACTION ITEMS Nominating Committee R eport II. Sandy Ulsh ADJOURN FOR ANNUAL MEETING OF SUPPORTING ORGANIZATIONS (see separate book) III. • • • • IV. Consent Agenda Lloyd Yeo and Ted Doan Approval of Minutes June 2, 2005 Board Meeting Treasurer's Report for August 3 1, 2005 Financials Investment Committee Membership Committee 2 Change in R etirement Plan Provider Resolution on Contracts Lloyd Yeo 3 V. Government Relations Committee Libby Maynard 4 VI. Creation of Small Private Foundations John Colina 5 VII. Creation of the William C . Richardson Endowment for Public Policy Rob Collier 6 VIII. 35 h Annual Conference 1 Rob Collier 7 �Board Meeting Agenda I 0/ 10/05 Page 2 REPORTS IX. 33'd Annual Conference Update Vicki Rosenberg 8 X. Public Policy Committee Dave Egner and Julie Ford 9 XI. President's Report Rob Collier 10 Special Updates: Family Foundations Retreat, Susan Howbert Transition of MIDAP to Assets Building Coalition, Eric Muschler Katrina Relief Efforts, Gail Powers-Schaub XII. Future Meeting Dates 2006 Board Meetings: Thursday, March 2, 2006 12:00 p.m. -3:00p.m. University Club, Lansing Thursday, May 25, 2006 from 2:00- 4:30p.m. Regional Reception 4:30 p.m.- 6:00 p.m. Kresge Headquarters, Troy Monday, October 16,2006 8:30a.m . -11:00 a.m . 111 34 Annual Conference- Radisson, Kalamazoo March 14 & 15, 2006 XIII. Other Business XIV. Adjournment Foundations on the Hill, Washington, D.C. S:\Boards and Commitees\CMF\Board\2005\ 10.10.05 Meeting Materials\Agenda I 0-1 0-05.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_2005_BB_2005-10-10_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2005-10-10 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 2005-10-10 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, 50607 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/51cd7242fbccd5577e3a6a07f6f01ba7.pdf 87fe48f1f490a44a55d271653029cafd PDF Text Text Return via fax: 616.842.1 760 by October 7, 2005 Annual Meeting of Members Notice and Board of Trustees Ballot September 8, 2005 In accordance with the bylaws ofthe Council of Michigan Foundations (CMF), notice is hereby given that the Annual Meeting of Members will be held on Tuesday, October 11, 2005 at 1:00 p.m. at the Grand Traverse Resort & Spa for the purposes of electing Trustees, reporting to the Members on the business of CMF, and such other business as may properly be brought before the meeting. CMF is govemed by a Board of individuals who represent private, family, community, public and corporate foundations, in addition to corporate giving programs. The following nine individuals have been nominated by the Nominating Committee for election to the Board of Trustees for a three-year term beginning October 11,2005. The undersigned hereby appoints Amanda VanDusen, Secretary ofCMF, and Senior Principal at Miller, Canfield, Paddock, and Stone, PLC, as proxy of the undersigned, with power to appoint a substitute, and authorizes her to vote at the meeting on behalf ofthe undersigned as indicated below. The proxy will use her discretion as to any matters that may come before the meeting. Please vote and return your m arked ballot by f ax to 616.842.1760 or 616.842.3010 or vote on-line at ltttp:llwww.cmij:org/CMFMem bersldefault.asp, o1r or before F riday, October 7, 2005. Ifyou need access information for the members only section of the CMF Website, please call or email Sue Cuddington at 616.842.7080 or scuddington@cmiforg. D Elect all the following nominees or D Elect only those nominees indicated below For Re-election to t he Board Class of 2008 _ _ _ _ _ _ _ Dav id 0. Egner, President, Hudson-Webber Foundation, Detroit Russell L. Gabier, Secretary/Trustee, Irving S. Gilmore Foundation, Kalamazoo Phillip H. Peters, V .P. Administration & Secretary/Treasurer, Charles Stewart Mott Foundation, F lint Diana R. Sieger, President, Grand Rapids Community Foundation, Grand Rapids Gerald K. Smith, President/CEO, Detroit Youth Foundation, Detroit Margaret E. Thompson, Trustee, Harry A. & Margaret D . Towsley Foundation, Midland Lloyd J. Yeo, President, Wickson-Link Memorial Foundation, Saginaw New Nominees to the Boa rd C lass of 2008 (Bio's provided on the reverse side of this ballot.) _ _ Melanie B. Colaianne, President, MASCO Corporation Foundation, Taylor Clu·istian A. Velasquez, Trustee & Treasurer, Midland Area Community Foundation, Midland CMF Member Organization Name and Title �New Nominees for the Board of Trustees Melonie B. Colaianne President, MASCO Corporation Foundation Melonie Colaianne has been involved with Masco since 1998, appointed President of the Corporation Foundation in 2004. In addition to representing Masco in its civic and charitable activities, she oversees the co1porate-wide travel and meeting services programs. She came to Masco from Cranbrook Educational Community where she served for eight years, most recently as its Vice President and Corporate Secretary. She serves on the boards of directors for Habitat for HumanityDetroit and Habitat for Humanity-State of Michigan, the board of trustees for the Detroit Public Television Foundation, the board of governors for Cranbrook' s Institute of Science, and she chairs the Eastern Michigan University Foundation board of trustees. She is vice-chair of the Business Contributions Council of Detroit Renaissance, and a member of the Community Leaders' Council of the United Way. Melonie earned her Bachelor and Master degrees from Eastern Michigan University. Christian A. Velasquez Trustee & Treasurer, Midland Area Community Foundation Chris Velasquez currently serves as a Business Development Manager for Specialty Chemicals Business for Dow Corning in Midland. He has held multiple positions during his 14-year c areer at Dow Corning and is also a college recruiter for the company, as well as treasurer of the Dow Coming Employee Legislative Action Team. Some of his community activities include: board member on the Michigan Chamber of Commerce, member of The Midland Rotary Club; board member on the Little Forks Conservancy; and he is in the United Way of Midland County Leadership Circle. He earned a BS in Mechanical Engineering from Kansas State University in 1991 and a Masters of Business Administration from Michigan State University in 2001. Current Board of Trustees by Class Class of 2006 Robert S. Collier, President & CEO Herbert D . Doan, Chairman Rev. J. Louis Felton, Trustee David K. Page, Trustee Carol Goss, President & CEO David S. Sebastian, Trustee Elizabeth C. Sullivan, VP-Program & Admin. Amanda VanDusen, Senior Principal Council of Michigan Foundations Herbe1i H. & Grace A . Dow Foundation Kalamazoo Community Foundation Community Foundation for Southeastern Michigan & The Kresge Foundation The Skillman Foundation Sebastian Foundation The Kresge Foundation Miller, Canfield, Paddock and Stone, P.L.C. Grand Haven Midland Kalamazoo Detroit Fremont Area Community Foundation Colina Foundation Blue Cross Blue Shield of Michigan Foundation Mackinac Island Community Foundation Heron Oaks Foundation FrederickS. Upton Foundation DTE Energy Foundation Ford Motor Company Fund The Edward Lowe Foundation Fremont Southgate Detroit St. Ignace Goodrich East Lansing Detroit Dearborn Cassapolis Detroit Grand Rapids Troy Detroit Class of 2007 Elizabeth A. Cherin, President & CEO John Colina, President George F. Francis, ITT, President Wesley H. Maurer, Trustee Olivia P. Maynard, President Betsy Upton Stover, Trustee S. Martin Taylor, V .P. & Director (retired) Sandra E. U lsh, President Dan Wyant, President & COO In addition, we are privileged to have Dr. Russell G . Mawby, Chair E meritus of the W.K. Kellogg Foundatio n and Chairman of the CMF Advisory Cabinet, as an ex-officio mem ber of the Board Trustees. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2005_BB_2005-10-10_Board-Ballot Title A name given to the resource Council of Michigan Foundations 2005-10-10 board book board ballot 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 2005-10-10 board book board ballot. 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, 50608 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/fb8ced15661fcb1f3e3f713f73991850.pdf aa037a28a317757abe4920b08cc92da0 PDF Text Text CMF Council of Michi an Foun1ations Serving 9rantmakers. Advancing giving. September 29, 2005 To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Rob Collier, President, Vicki Rosenberg, Vice President & Chief Operating Officer and Dave Lindberg, Vice President- Finance Re: 35 1h Almual Conference, October 22-24, 2007, Dearborn. We look forward to discussing the following recommendation with you. RESOLVED that invitations be extended to the Boards of the Donors Forum of Ohio and Indiana Grantmakers Alliance to join with CMF in making the 2007 Annual Conference in Dearborn a pilot effort at a three state regional conference that would become a biennial event starting in 2009 based on the evaluation of the 2007 event. Background Attendance at CMF Annual Conferences has remained consistent at a figure ranging from 600 to 800 when one considers the past decade. In 1999 there was an increase that can attributed to Dottie Johnson' s retirement and the special evening event that drew 800. In 2000, the first Conference in Traverse City, attendance was also higher in large part due to the inclusion of nonprofit environmental representatives and the large Rotary Club of Traverse City representation. While the Content of the Annual Conference continues to generate high marks, attendance is impacted by the following issues and more: • Location • An abundance of conference choices - two are taking place at the same time as this conference • The growing role of the Internet and Technology • The intergenerational transfer of philanthropy • A trend to shorter meetings At the same time, members and participants at our Annual Conference have indicated that they would like to have more opportunities to network with other grantmakers in the Great Lakes Basin. Our colleagues in Indiana and Ohio each do annual conferences with attendance averaging 250 to 300. Our analysis indicates that there is the potential to realize economies and revenues by combining these three conferences into one event. As part of the preparation for this pilot, we would work with members on designing a Michigan only Conference- shorter in length - that would occur in 2008 and then on alternating years with the Biennial Tri-State Conference. This recommendation responds in part to the challenge from the Monitor Group - a national think tank organization - that regional associations must rethink their business models and look for opportunities for coordinated impact. �Council of Michi an CMF Foun~tions 5erving grantmakers. Advancing giving. September 29, 2005 To: S. Martin Taylor, Chair, and Members of the Board ofTrustees From: Tom Cook, Marty Fluharty, Barbara Hall and Maureen Nicholson, Co-chairs, Annual Conference Committee Vicki Rosenberg, Vice President & Chief Operating Officer Re: 33'd Annual Conference, Effective Grantmakingfor Changing Times October 10-12, 2005, Traverse City and special pre-conference events, October 9. We look forward to having you with us at the 33'd Annual Conference, Effective Grantmakingfor Changing Times, which begins at 12:30 p.m., Monday, October 10, with Networking Topic Lunches. Your registration materials will be provided to you at the Board Meeting. Conference Design In addition to three plenary sessions, seven feature sessions and 23 concurrent sessions, the conference offers several special opportunities including: • Excellent pre-conference sessions: Effective Governance for trustees with Deborah Hechinger, president & CEO, BoardSource and Dealing with Ethical Dilemmas for grantmakers with Gabriel Works, senior consultant, The Grantmaking School at the Johnson Center for Philanthropy at Grand Valley State University • A roundtable discussion on supporting leadership development in nonprofits, hosted by Grantmakers for Effective Organizations (GEO), the first GEO event in Michigan. • Generosity ofSpirit, an invitational workshop for pairs of family foundation trustees. This is the first invitational event the Fetzer Institute has offered at a CMF conference. • Telling Your Story , the first CMF conference exhibit, designed to educate and inspire members to tell the story of their foundation through annual reports, newsletters, websites and media strategies. The exhibit was designed by a team of state and national communications professionals and underwritten in part by the W.K. Kellogg Foundation. Discussions are underway to present the exhibit at the fall 2005 Communications Network annual conference and at the winter 2006 Forum of Regional Associations of Grantmakers conference. A related exhibit guide, designed as a simple tool kit, will be made available on the CMF website in spring 2006. • Two Experienced Grantmaker Seminars: "Difficult Dialogues for Grantmakers" led by GrantCraft project leader, Jan Jaffe, which is a follow-up to her 2004 session, "The Role of Power & The Power of Role" with GrantCraft; and "Cultivating a Spirit of Giving" with Fetzer Institute Program Officer, Mark Nepo. �33'd Annual Conference Report Page 2 • Micro-Workshops offering individualized training on managing email, using Microsoft Office products, surfing the Internet and more led by NPower Michigan. Registration As of today, full paid registrations were at 80% ofbudget (12% higher than at the same time in 2004) and partial paid were 9% above budget 47% higher than at the same time last year). Please see Table One below for details). Final registration numbers, including staff and speakers, are expected to be around 600 when we meet in Traverse City. REGISTRANTS BUDGETED 2005ACTUAL (as o{9-29) 2004ACTUAL Dearborn 2003 ACTUAL Grand Rapids Full Partial Comp-sta!J, speakers, partners 400 150 180 322 163 98 282 194 223 328 227 150 Total 730 583 699 705 SPONSORS & EXHIBITORS CMF is grateful to the many sponsors who have contributed $160,050, not including Ken Burn's appearance, a 12% increase ($17,050) over 2004 sponsorships. In addition, several CMF members are providing support through underwriting session and communication exhibit expenses. We are pleased to have seven exhibitors to date (with two pending) which generated $11,000 in revenue. Save the dates now- the 341h Annual Conference will be held at the Radisson Kalamazoo from October 16-18,2006. � 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_2005_BB_2005-10-10_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2005-10-10 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 2005-10-10 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, 50609 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/55083577df6f4fef107a6e0dc75673c0.pdf 862be2f7cba71406c44de9a5ab649762 PDF Text Text CMF Council of M ichigan Fou ncfations Serving grantmakers. Advancing giving. To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: John Colina, Trustee Rob Collier, President Re: Position on Creation of Small Private Foundations RESOLVED that CMF take a position to oppose efforts by Congress to set a dollar threshold for creation of new private foundations. Background In 2004, Elliott Spitzer, Attorney General of New York State, proposed state legislation that would limit the creation of any new family foundation to a minimum asset level of $20 million. This proposal generated a firestorm of protest from the foundation community, ofwhich New York State has more foundations than any other state, and he withdrew his proposal. However, he did say that he thinks there needs to be a minimum threshold for private foundations. On May 25, 2005 The Chronicle ofPhilanthropy published an opEd piece by Emmett Carson, president of the Minneapolis Foundation, titled An Easy Way to Curb Foundation Abuses. A copy of the article is included as Attachment A. On June 14, Mr. Carson discussed the key recommendation in his piece, namely that Congress should require donors to contribute at least $1 million if they want to create a foundation, as part of his remarks at the Nonprofit SuperConference in Dearborn. Needless to say his remarks were met with expression of concern by a number of our members in attendance. Mr. Carson has continued to talk about this issue in other public presentations, including the Association of Small Foundations, resulting in an article by William Schambra in the July/ August issue of Philanthropy - see Attachment B. In the article, titled Small is Beautiful, Mr. Schambra takes issue with the assumption by Mr. Carson that small foundations cannot be accountable. It is important to note that there are approximately 1,200 foundations in Michigan, each with assets ofunder $1 million and 170 are members ofCMF. Attachment Cis an analysis by Jeri Fischer which shows the change in assets between 1993 and 2003 for 29 of these foundations. With help from the staff of The Foundation Center (FC) in New York we have looked at the records on 325 private foundations with assets under $1 million having a primary address in Detroit, Southfield, Birmingham and Grand Rapids. Collectively this group has assets of $87,308,65 1, total expenditures of $14,943,344 and total giving of$13,373,619. �Family Foundation Memo Page 2 FC staff found that of this group, 79 or 24% seem to be administered by bank trust offices based on their addresses. This is useful information to have, because one of the concerns that have been expressed by members of the Senate Finance staff in Washington is that too many small foundations are being controlled by banks and law finns and no longer serve the interests of the original donors. This concern is compounded by the issue of bank fees that impact charitable distributions. At this time no national or regional organization has endorsed Mr. Carson's recommendation and the Board of the Council on Foundations has made it clear that he is to make sure audiences realize his recommendation is not shared or endorsed by COF. However, in light of the scrutiny by Congress of the administrative expenses of private foundations, it is likely that a minimum asset size will be part of future legislation - much as a minimum Board size of three is expected to be proposed. The Government Relations Committee will monitor this activity in Washington and keep us informed of legislative proposals. We are recommending at this time that CMF take this position opposing Government efforts to impose a dollar threshold on the creation of new private foundations. �ATTACHMENT A 'I'HE CHRONICLE OF PHTLANTHROPY hnp://www.philanthropy.com/premiurnlanicleslv 17/i 16/1600380 1.htm An Easy Way to Curb Foundation Abuses By Emmett D. Carson As lawmakers have been debating how to encourage greater foundation accountability, one simple, low-cost idea that could make a big difference has not gotten much attention. Congress should require donors to contribute at least $!-million if they want to create a foundation. Foundation with assets of less than $!-million accounted for 70 percent, or 50,336, of the 71 ,541 informational tax returns fi led by private foundations and just 5 percent of all foundation assets. While many of those institutions are undoubtedly well run, others are not, and it is impossible for federal and state governments to monitor them effectively. Philanthropies with $!-million or less in assets seldom have staff members, typically do not produce annual reports or grant-making guidelines, and usually offer no means by which grant seekers can contact them. What's more, most of those foundations do not join national or local professional associations, so they do not often get exposed to training sessions and educational materials that would help them understand changes in laws governing nonprofit organizations and learn how well-respected, effective grant makers operate. Under such circumstances, it is difficult to imagine how the smallest private foundations can achieve the level of accountability that the public, news media. and government expect. Plenty of options are available to donors who have $!-million or less to give away, so eliminating small foundations would in no way prevent anyone from donating generously to charity. In the past, some experts have suggested setting a far higher threshold for the minimum amount needed to create a foundat ion. For example, New York Attorney General Eliot Spitzer in 2003 urged Congress to get rid of all foundations with $20-million or less in assets out of concern that too many small foundations were abusing tax laws. However, it makes little sense to get rid of so many foundations when the most-significant problems occur with foundations that are worth$!million or less. To be sure. for many donors, the social status they gain from creating a foundation is important. But foundations would have more prestige if their creators were a far more exclusive club-- one reserved for people who have substantial assets to give away. And for people who want to start small and then expand their foundations. it would be a simple matter to distribute donations using another giving technique until the donor is ready to put $!-million or more into a foundation. �Private foundations arc often created out of the donor's desire to retain control over how his or her money is distributed. But donors can get such control over their assets in many other ways. They can write checks to any charity anytime they want and invest their own money in whatever way they think best. It doesn't take a foundat ion to do that kind of giving, and, in fact, most financial and tax advisers do not think the expense of setting up a foundation and complying with government rules is worthwhile unless a donor has at least $1-million to contribute. Millions of Americans successfully engage in philanthropy without taking on the responsibility of a private foundation. The smallest foundations will always find it difficult to meet the most basic accountability standards. And because they are so little, they rarely command attention until they have done something wrong. The entire philanthropic field is tarnished when any foundation is discovered to be acting illegaJiy or unethically. Philanthropy's highest objective must be ensuring the integrity of the franchise. By eliminating the need for regulators to monitor the activities of a large number of the very smallest foundations, limited time and resources can be focused on the big private foundations that are better able to meet the gro\ving demands for higher standards of ethics and accountability. Emmert D. Carson is chiefexecutive officer ofthe Minneapolis Foundation and chairman ofthe Council on Foundations. The views expressed in this article are his own and not necessarily those ofeither ofthe organizations he heads. CopHhtht C 2005 The Chronicle of Philnnthrop> �ATTACHMENT B REVIEW & COMMENTARY COMMENTARY Small Is Bountiful In defense ofS'I1U10foundations BY WILLIAM A. SCHAMBRA HEN THE ASSOCIATION OF W Small Foundations gathered in Minneapolis this past May 19 for a three-day conference, it seemed only natural to ask Emmert Carson, CEO of the local community foundaLion and board chair of the Council o n Foundations, to welcome conference attendees. But his remarks were something less than welcoming. For he took the occasion to argue thaL many ~mall foundationsthose wirh less than $1 million in endowment-should simply not exist. The problem, he LDSisted, is lack of accountability. As he wrote in a subsequent Chronicle ofPhila1zthropy op-ed, fully 70 percent, or 50,336, of the 71 ,541 informational tax rerums filed by private foundations in 2001 came from such small funders-far too many to be monitored adequately by the IRS. Simply eliminating them IS one "simple, lowcost" approach for Congress to consider, he said, as it attempts to regulate more tightly a field that has been shaken by recent widespread reports of self-dealing and corruption. Donors, Carson added, would still be able to make small gifts either directly or through donor-ad vised funds and community foundations. Carson was, of course, simply speculating about the degree of abuse and corruption among the sma llest foundations since, as he points out, we possess so little by way of objecti"e information about most of these entities. The Association of Small Foundations (ASF) does conduct an annual survey of operations and management 34 Philmuhr01>7 • july/August 2005 among their membership, 20 percent of which would be eliminated by Carson's edict. From these admittedly limired studies, we can conclude that very few of the smallest philanthropies have Emmett D. Carson president, Minneapolis Fowzdation paid staff o r compensate board members for routine service. Most of them are managed by an unpaid CEO who is also a board member. Furthermore, they do considerably better on average than the legally required pay-out of 5 percenr of their assets: In the 2004-05 survey, foundations with under $1 million in assets gave away an average of 7.3 percent of assets annually. (A more recent ASF srudy of 375 random North Carolina foundations with under $1 million in assets found even higher average distributions.) By contrast, the narion's ten richest foundations in 2003-2004 gave away an average of 4.1 percent. The data we have, in short, suggest that small foundations work hard at giving assets to charity, rather than directing them into the pockets of board members or staff. Carson's suggestion that most corruption occurs among the smallest foundations is particularly ironic because virruall)' all of rhe press srories about philanthropic corruption involved fou ndations larger thanoften considerably larger than-$1 nullion in assets. The story that set off the latest round of reports, for instance, was the San jose Mercury's coverage of excessive salaries and perquisites at the James Irvine Foundation of California, with over $ J.5 billion in assets. The most nororio us case unearthed by the Boston Globe's series in 2003 involved the Paul and Virginia Cabot Foundation of Boston and irs wildly overpaid CEO. But its assets at the rime were around $5 million. Just as Willie Sutton supposedly robbed banks because "that's where the money is," so one might conclude that the foundations m ost likely to invite abuse are those that have reasonably large and tempting endowments. After all, it's hardly worth risking even the remote possibility of being nabbed by the lRS for the minor sums to be extracted from a foundation with less than $1 million in the bank. And as Tun Walter, rhe president of ASF, points out, the tax filings by the smallest ·foundations are short and easy to read, which makes concealing illegal activioes fairly difficult. By contrast, figming out what lurks in the phonebook-sized returns of large foundations is no simple cask, as the newspaper investigators discovered. But Carson is rea lly concerned abom something more than corruption. He argues that there is a proper and acceptable-not just a legal-way to go about philanthropy. He concludes that only larger foundations are likely to be respectful of that orthodoxy. SmaUer foundations, he points out, don't hire much staff, don't pubW li.UAM A. SCH AMDRA (wii/zam®hudsondc.org} is dinctor of !he Hudson I.nsritut:C'"s Beadle)• Crnter on Phi.lanJ.hropy and Civic Rmcwal. Knsta Shaffes; research assistant., conoibured to this article. �!ish annual reports or guidelines, and don't join professional associations, "so they don't often get exposed to raining sessions and educational marerials that would help them understand changes in laws governing nonprofit organizations and learn how wellrespected, effective grant makers operate" (emphasis added). These remarks betray the hold that progressive, "scientific philanthropy" continues to have on the field of philanthropy, even though there's no empirical evidence that hiring staff, publishing annual reports, or anending Council on Foundations meetings prevents corruption or leads to more effecove grantmaking. The view of scientific philanthropy, nurtured by the twentieth century's first large, modern foundations like Carnegie, Rockefeller, and Russell Sage, held that grantmaking is too complex and sophisticated to be left in the bands of well-meaning amateurs, but is rather a demanding profession to be mastered only by uained expertS. Sophisticated donors transcend '>ftty, localiz.cd charitable activity and .vork on the "root cause:." u( social problems through large, complex, col· laborative social engineering projects, designed by professionals steeped in the latest social science research. ln this view, small foundations' true problem is not corruption, but dilenantism. They ignore the professional norms prescribed by larger, "well-respected" foundations, and fail to do their part to sustain the elaborate institutional apparatus built around those nor ms. Tbey don't provide enough employment opportunities for graduates of the burgeoning nonprofit management training centers so enthusiastically funded by the larger foun· dations. Nor are they likely to subordinate their idiosyncratic views to the collaborative consortiums sponsored by regional and national associations, which are designed to bring order, efficiency, and rationality to otherwise wasted smaller donations. Put more blundy, Carson's proposal can be understood simply as an effort by the guild of larger, established foundations to erect a "barrier to entry,n protecting the guild's intellectual and insti- tucional hegemony against obstreperous smaller upstarts. Indeed, Carson explicidy appeals ro the restrictive guild mentality when he argues for his ban on smallness on the grounds that "foundations would have more prestige if their creators were a far more exclusive clul>one reserved for people who have sub- Largefoundations want "barriers to entry" against smaller upstarts. stantial assets to give away." Carson notes that, once they're forbidden ro establish d1eir own private foundations, smaller donors may nonetheless give freely through other avenues, including direct contributions, donor-advised funds, and community foundations. Crit· ics have pointed our that thJs is yet another case of special pleading on Carson's part, given his leadership of one of the community foundations that would benefit directly from this new disposmon. However worthwhile community foundations are, the fact remains that a donor in a donor-advised fund is just that~ advisor, while the fina l legal authority for grants restS with the community foundation's staff and board of directors. Furthermore, a donor within a community foWJdation comes under the same pressureexerted by a professional membership association (like the Council on FoWldations), namely, to pool otherwise isolated, idiosyncratic, smaller grants into larger, collaboratively funded initiatives created and admimstered by the foundation's professional staff-all, of course, in the name of ensuring the most efficient use ofcommunity resources in the public interest. Indeed, in other circumstances, Emmen Carson has been quite clear about the need to subordinate personal donor preferences to encompassing social purposes. Ln Foundations News and Commentary (Jan uary/February 2005), for instance, Carson decried precisely the "donor-focused model" he sees spreading from commercial donoradvised funds into community foundations. This approach is "in conflict with the idea of collectively raising and directing resources to address common community problems." Carson argues that community foundations ''have the ability to determine the cause of social inequities and to correct them at the source," and should therefore focus on "promoting social justice in their communities" by altering "the power relationships that exist between citizens and their rdationship to government, business, and the nongovenunent sectors." The problem with permining wealthy individuals to set their own philitnthropic agendas, he suggests, is that they have done well in the private sector; so "it is difficult to imagine that they would consent to be at the vanguard for wholesale changes to the entire system." Consequently, Carson argues, community foundations should rededicate themselves to "the accumulation of unrestricted assets over tin1e directed for the common good rather than individual donor interests," though this lll:lY require that we "leave behind those who are wedded to the path of being charitable bankers rather than social change agents." Viewed in this light, Carson's animus against srnaU pnvare foundations has little to do widl corruption or inefficiency. It rather reflects his conviaion thar any grantmalcing directed chiefly by the donor's wishes--even when ir's con· ducred through commercial or commu· nity foundation donor-advised funds-is deeply flawed, because it is insufficiend)' inclined to press for "wholesale changes to d1e entire system." Smaller grantmakers are indeed likely to fall well shon of Carson's standard of ideological engagement. From the ASF surveys, we know that foundations with less than $ 1 million in endowment give an average of 16 grants per year, typically $2,500 per grant. Among all ASF members, 1"\VO· thirds of the grants were awarded locally, and over 50 percent of the grants involved site visits as part of the grant application process. Some 60 percent of grants were made to projects in education, health, and human services. Only 1.5 percent of grants went to public policy or foreign affairs. lr's safe ro conclude that most giving by smaller donors goes in small, targeted Philanthropy • july/August 2005 35 �REVIEWS & COMMENTARY amounts to specific, concrete charitable undertakings in their own backyards, rather than ro broad public policy initiatives aiming at systemic change in the name of "social justice." Students of Alexis de Tocqueville's understanding of civil sociery will recognize and appreciate this state of affairs. For Tocqueville, the fact that there are over 50,000 small foundations-most giving close to home, for tangible projects that donors were personally visiting-would have been neither surprising nor a cause for alarm. Rather, it would have been a hopeful indication of robust civic health. The fact that the smallest grassroots nonprofits have a chance of attracting support from locally oriented, handson donors-a chance they don't have Carson seems to think any grantmaking di1"ected chiefly by the doncrr~ wishes is deeply flawed. with the larger, policy-oriented foundations-is another plus for civic vitaliry. That some grant dollars are "wasted" by duplication, inefficiency, or even occasional self-dealing would have been viewed as a price well worth paying for such widespread, active engagement by so many citizens. By contrast, Carson's preference for the concentration of wealth behind a small band of professionals pursuing doctrines of radical egalitarianism is pr.ecisely the sort of malignant political impulse that Tocqucvil!e fea red in the new age of democracy. We can only hope rhat Congress and state legislatures grasp the larger principles ar stake in this debate and resist Carson's seemingly innocuous call to "tidy up" the sector through rhe elimjnation of the smallest foundations. • •• • •• • • • • • • • • • • • • • • • • • • • • • • • •• • • • • • • • • • • • • • • • • • • • • • �AITACHMENTC 'ixty (60) of 170 CMF Member Family Foundations with Assets at or under $1 Million Foundation The Nine Tuna Foundation Sid Mittra and Bani Mittra Family Foundation FrederickS. and Lezlynne P. Moore Family Foundation Conway Family foundation W. S. and Lois VanDalson Foundation The Valenti Foundation Marshall M. Fredericks Foundation Amherst and Janeth Turner Foundation Martin Family_ Foundation Julius and Cynthia Huebner Foundation Reid Family Foundation Gerald W . Chamberlin Foundation, Inc. KINSHIP Foundation Detroit Neurosurgical Foundation The Helen Laidlaw Foundation Bash Family Foundation Isadore and Beryl Winkelman Foundation The Edsko and Claire Hekman Foundation James and Catherine Haveman Family Foundation River City Foundation Savage Foundation William and Sarah Seidman Foundation The Samaritan Foundation Javid A. Brandon Foundation Bingham Family Foundation The Hees Family Foundation Shubeck Mansour Foundation Millman-Harris-Romano Foundation The Shiffman Foundation Dole Family Foundation Paul A. Johnson Foundation The Malpass Foundation Amy Foundation W . Tom ZurSchrniede Foundation W .B. McCardell Family Foundation Edalene and Ed Brown Family Foundation Paul B. Henry Foundation Robert L. and Judith S. Hooker Foundation Larson Family Fund Heron Oaks Foundation Pearson Family Foundation Charles R. and Marie Werner Foundation Benjamin and Marion BreQi Foundation Bill and Sally Wildner Foundation Yeo Family Foundation Charles A. Parcells Foundation Julius V. and Allee G. Combs Foundation -=ueen and Brian DeVries Family Foundation , he Ruffner Foundation Fisher-lnsley Foundation George and Elizabeth Seifert Foundation Established 2000 2000 1998 2000 2001 1993 1981 1997 1998 1996 2000 1955 1998 1977 1989 1993 1961 1991 1998 1989 1996 1958 1991 1987 1999 1997 1994 2001 1948 2000 1955 1953 1976 1978 1994 2002 1994 1989 1987 1999 1993 1966 1999 2000 1984 2000 1997 1993 1982 1975 1996 Asset Date Assets 7131/2004 1,000,000 12/31/2003 1,000,000 956,869 12131/2003 780,000 12/31/2003 776,450 12/31/2003 744,251 11/30/2003 12/31/2003 730,270 6/30/2004 705,476 12/31/2003 700,000 695,026 5131/2004 674,420 12/31/2003 671 021 12131/2002 560,000 12/31/2002 548 141 11/30/2003 540,000 12131/2003 500,420 12/31/2003 500,000 12/31/2003 490,000 12131/2003 490,000 12/31/2003 481,735 11/30/2003 465,630 12/31/2003 453,149 4/30/2003 1213112003 450,160 1213112003 450,000 12/31/2003 422 147 8/31/2003 420,019 12131/2003 415,193 12131/2002 413,975 411 ,462 9/30/2003 12131/2003 407,403 12131/2003 405,246 10/31/2003 404,977 12131/2003 394,998 370,000 12131/2003 12/31/2003 343,115 12131/2003 307,000 12/31/2004 306,085 299,433 2128/2003 286,399 12/31/2003 283,343 12/31/2003 3/31/2004 215,541 6/30/2004 21 4,577 203 397 12131/2003 12/31/2003 200,000 190,200 12131/2003 163,587 12131/2003 159,275 12/31/2003 12/31/2003 142,153 12/31/2003 133,709 129,334 12131/2003 12/31/2003 104,252 Assets in 1993 113,962 19,672 1,458,276 1,082,512 400,000 45,384 924,658 230,303 73,668 189,849 191 ,039 115,000 686,333 145,161 1,182 10,443 102,374 300,000 5 105,980 86,056 58,668 92,481 64,525 122,442 �~ixty (60) of 170 CMF Member Family Foundations with Assets at or under $1 Million Foundation The Preede Foundation Edward and Elyse Rogers Family Foundation Robert and Jeanine Dagenais Foundation Sara Pollack Educational Trust Peter B. Mason Charitable Foundation The Matthaei Foundation Molitor Family Foundation Charles Anthony Foundation The Taubman Foundation Established Asset Date 1992 11/30/2003 2002 12/31/2003 1994 12131/2003 1981 12/31/2003 1998 12/31/2003 1978 12/31/2003 2003 12/3112003 1996 12/31/2003 1985 1/31/2004 Assets Assets in 1993 102,860 55,600 100,000 54,942 52,397 22,798 33,327 38,022 22,696 10,000 2 ,277 663 8,303 � 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_2005_BB_2005-10-10_Family-Foundation-Memo Title A name given to the resource Council of Michigan Foundations 2005-10-10 board book family foundation memo 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 2005-10-10 board book family foundation memo. 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, 50610 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/c30c11299397769d6d86de4e472f0a21.pdf 13325f847870af324c6bc473268cadd0 PDF Text Text CMF Council of M ichigan Founcfations Serving grantmakers. Advancing giving. September 30, 2005 Memo to: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Lloyd J. Yeo, Audit Committee Chair RE: CMF 8-31-05 Financial Statements RESOVED that the CMF Internal Financial Report as of August 31, 2005 be accepted as recommended by the CMF Finance and Audit Committee, On November 1, 2005, Learning To Give became incorporated as a supporting organization of CMF. While most of the activity for this project continues to take place under the CMF Special Projects portion of the financial statements, all new grants awarded after 3-31-05 are being booked to the new corporation. CMF Core Operations Note 1: Additional Contributions CMF has received a verbal commitment from the Kellogg program staff to continue their annual contribution of $150,000 for the next five years, with formal approval expected from their board this fall. Note 2: Conference Income Based on the strong sponsorship numbers for the Annual Conference we expect to exceed the budgeted surplus of$50,000 for this event. Note 3: Investment Income Has exceeded budget due to the rising interest rates (1.3% 2004 vs. 3.2% 2005) and interest earnings on special projects funds, primarily the Joyce Early Childhood, IDA and Technology grants. Interest on these funds had totaled approximately $20,000 to date. �Financial Statements Memo Page 2 Note 4: W ages $10,000 of the favorable variance is due to the reimbursement received for CMF administrative time charged to the Aspen/Matt Better Together grant. $14,500 of the variance is due to the departure of a staff person in April 2005. Note 5: Professional Services Due to the reduction in fees negotiated with Public Affairs Associates, expenses for this item in 2005-06 will total $4,800 vs. the $12,000 budgeted. Bud2et 2,200 12,000 6,000 3,800 2,000 News clip service Public Affairs Associates Legal Audit Fees Mise Actual 837 2,000 3,103 4,250 589 E ndowment Funds William Allen Fund Books & Subscriptions I Congressional Leadership books March 2005 Hill visit. $4oo I $1,1oo I !Russell G. Mawby Fund Associa tion Dues & Sponsorships MNA Sponsorship Super Conference Michigan Women' s Foundation Sponsorship National Philanthropy Day Sponsorship MNA Nonprofit Day Sponsorship Governor' s Service Award Sponsorship $1,000 1,750 500 500 2,500 Books & Subscriptions I Kanter books given to board and program committee Profe.ssional FAQ for newly created 501c3 organizations Board Source - Conflict of Interest Publication $4,800 10,000 �Financial Statements Memo Page 3 !Ruth & Russ Mawby Fund for Kids Program Associate & Summer Intern Wages & Benefits $11,823 MCFYP Endowment Program Associate travel CMU Youth Challenge Day $3,334 18,892 Riecker Leadership Fund I Public Policy Intern $6,688 I 2006-07 Budget Planning During previous board meetings discussions have taken place around the fact that the WKKF IV grant, which funds technical assistance to community foundations, is coming to an end on March 31, 2006. Resources to continue this work include the two endowment funds listed below: Community Foundation Endowment Fund Community Found. Technology Fund Market Value 8-31-05 $7,441,564 492,622 This change in funding sources will cause some administrative and overhead expenses to be shifted back to CMF Core Operations, producing a potential deficit of approximately $124,000 starting in fiscal year 2006-07. During the Audit Committee meeting on September 16, 2005, management presented preliminary solutions to this deficit issue, and received some valuable feedback that will be incorporated in the 2006-07 budget planning process, which will be presented to the CMF Board in March 2006. Some of the solutions discussed included: • • • • • • Adjustments to CMF staffing structure and wage increases. Modifications to the Annual Conference costs. Charging for some publications which are currently free on our website. Pursuing additional meeting sponsors. Pursu ing joint progranuning opportunities with Midwest conununity foundations. Moving to a regular Membership Investment increase every fourth year. �Council of Michigan Foundations & Supporting Organizations Consolidated Balance Sheet August 31 , 2005 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 fina nce/st.atemenls/04- 05/FS 8 -31-05-Gonbs $4,439,923 1,134,557 (251 ,367) 560,426 22,198 $ 5,905,737 Endowment Funds Supporting Organizations Michigan AIDS MCFV LTG Fund $382,850 13,621,714 $10,451,608 $420,580 213,966 57,521 71,723 50,191 $14,218,530 $10,580,852 $50,191 $54,878 171 ,923 226,801 195,253 (70,315) 10,854 5,152 $561,524 10,897 Total $15,694,961 13,621,714 1,329,810 (4) 643,003 27,350 $31,316,834 $54,878 182,820 0 237,698 0 0 0 10,897 335,843 10,245,009 50,191 550,627 14,218,530 5,678,936 14,218,530 10,580,852 50,191 550,627 6,615,597 24,463,539 0 31,079,136 $5,905,737 $14,218,530 $10,580,852 $50,191 $561,524 $31,316,834 5,678,936 �Council of Michigan Foundations & Supporting Organizations Consolidated Statement of Activities and Changes in Net Assets 4·1·05 to 8·31 ·05 C o re Of.!e r ations Reve n ues Spendable Income Member Contribu tions Ad ditional Me mber Contributions Other Grants Conrerence Income Publications & l ibrary Services Other Income Investment Income Total Revenues 901 ,357 Program/Admin Exp enses Wages & Benefits 318,329 Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Toc hnology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meeting (Gain )fl oss sale of fixed assets Overhead Allocation to Spec Proj Total Program/Admin $0 Coun cil o f Michigan Foundation s CMF S pecial Endowment Projects Funds $0 $267,800 593,375 2 ,181 315 17,325 14,000 5,971 615,842 22,081 709,597 1.016,803 580,136 17,901 3 ,602 2,006 18,5 1 1 5,380 9 ,084 9,455 34,983 2,354 0 71 258 3 ,989 0 14,037 5 2,722 24,050 2 ,861 27,407 10,779 19,889 4,484 75,970 0 (8.410! 542,934 790 11 ,198 29,046 208,0 16 33,221 3,829 26,580 6,745 617,390 15,8 10 207,844 13,833 4,650 41,830 22,792 7,891 4,0 3 1 1,022,213 35 6,250 1,503 14,800 3,650 4,835 14,961 64,874 II Supporting Orga nizatio ns Mich igan AIDS MCFV LTG Fund CMF Total $267,800 617,390 15,810 593,375 227,350 14,148 40 ,731 757,398 2,534,002 Co mbined Total 90,096 $48,369 83.083 126,810 216,906 1,4 11 250 161 50,191 6 ,125 89,208 $2 67,800 617,390 15,810 81 4 ,923 227,350 15,559 40,981 890 ,494 2 ,622,507 1,044,780 54,251 14 ,094 6 ,774 15,512 48,341 8 ,125 74 ,487 31,090 15,650 56,4 53 328,360 62,514 13,801 123,860 6 ,745 916,976 40,693 11,493 6 ,037 14,535 44 ,696 6,343 24,166 603 103,638 13,558 2,601 737 977 3,64 5 1,179 66,7g4 31,090 15,562 56,453 233,595 56,760 13,148 117,511 6 ,74 5 (8,410 1,630,021 2,ggs 4,sgs 88 30,364 58,131 64 ,401 5,754 653 6.34 9 0 208,275 1,9 04 ,837 (28,288! (28.288! 1,330,922 1,331,922 GRANTS Challenge G rants Mini-Grants Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures Beginning Net Assets Transfer from MCFV C hange in Net Assets Ending Net Assets ,.,...,.... .... iftt ~-~lt.Ool.o~-..~ 1 -o:i· 1,000 0 1,031 ,710 1,032,710 358,423 (1 ,439,081 ) 1,498,655 5 ,260,939 358,423 $ 1,857 ,078 (1 .439,081! $3,8 21.858 1,000 1.000 32 7,500 327,500 1,031,710 1,032,710 951 ,929 13,266,874 267,527 684,1 29 $14.218,5 30 (168,725) (128,729) 20,026,468 267,527 (396,529 $19,897,466 s 11,017,104 (267,527) !'68,725) 10,580,852 50,191 50,191 $50,191 (90,779) (338 ,042) 641 ,406 31,6 84 ,978 (90,779) $550,627 (605,842 $3 1,079,136 �CMF Endowment Funds Consolidated Statement of Activities and Changes in Net Assets 4-1-05 to 8-31-05 Endowment Funds Allen Fund Revenues Spendable Income Member Contributions Additional Member Contributions Other Grants Conference Income Publications & Library Services Other Income Investment Income Total Revenues 8 ,700 Russell G Mawby Fund 66,300 37 ,600 Johnson Educational Fund Community Fo undation Endowment 45,500 MCFYP Endowment 50,900 Riecker Fund 37,800 Comm Fdn Techn ology Fund 2 1,000 17,325 9,690 18,390 81,358 147,658 Programi Admin Expens e s Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage 47,246 84 ,846 54,924 100,424 22,081 364,992 387,073 63,772 131,997 62,526 100,326 25,089 46 ,089 6,688 1 1,8 23 10 Supplioto Insurance Equipment & Furniture Depreciation Computer Dues & Sponsorship Books & Subscriptions CommunicationsJPublications Professional Services Travel Train ing & Seminars Conference & Meeting Total Program/Admin Maw by Fund For Kids 267 ,800 17,325 24,100 22,081 709,597 1,016,803 695,700 987 ,600 18,511 50,500 71 258 1,600 35 12,000 6,250 1,503 1,100 14,80 0 14,800 316 185 188 22,150 267,800 71 35 400 B udget 2005·06 248 6,250 400 12 Month Tota l 12,522 3 ,334 3 ,650 4,650 14.773 23,114 4,835 14,961 64,874 6,688 8,200 12,700 73,600 17,000 5 ,800 100,100 281,500 GRANTS Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures 17,990 125,508 72,324 100,424 387,073 108,883 93,638 4 6,089 951,929 706,100 Begin ning Net Assets Transfer from Other Funds Excess Revenues over Expenditures Ending Net Assets 180,724 1,528,389 887,483 1,023,623 1,195,897 1,196,265 467,532 13,266,874 57,983 55,838 25,089 13,266,874 267,527 684,129 $1 ,253,880 $1,252,103 $492,621 $14,218,530 $1 3,972,974 finance/statements/04-05/FS 8-31 -05-endow sum 9 ,290 59,208 34 ,724 54,924 6 ,786,961 267,527 387,0 73 $190,0 14 $1 ,587,597 $922 ,207 $1.078,547 $7 ,441,561 706,100 �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-05 to 8-31-05 12 Month Budget 2005-06 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 Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixe Assets Overhead Allocation to Spec Projects Total Program/Admin $ 5 Month Budget 8/31/2005 933,000 190,000 $ 5 Month Actual 8/31/2005 620,000 33,600 $ 617,390 15,810 5 "1 5,000 39,000 8,000 30,000 1,7"1 5,000 265,200 32,500 3,400 12,500 967,200 207,844 13,833 4,650 41,830 901,357 Note 2 8 "1 6,000 57,000 "17,000 8,000 24,000 29,000 4,500 5,000 344,000 23,900 7,200 3,400 10,100 12,100 4,500 2,500 318,329 22,792 7,891 4,031 5,380 9,455 3,989 Note 4 92,000 28,500 6,500 83,500 26,000 4 5,000 "13,000 476,000 38,300 26,100 2,800 34,900 13,300 18,800 5,500 139,500 14,037 24,050 2,861 27,407 10.779 19,889 4,484 75,970 (16,000) 1,715,000 (6,700) 680,200 (8,41 0) 542,934 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 0 Excess Revenues Over Expenditures 0 287,000 358,423 1,498,655 0 1,498,655 1,498,655 287,000 1,785,655 1,498,655 358,423 $1 ,857,078 Beginning Net Assets CHANGE IN FUND BALANCE Ending Net Assets finance/statements/04·05/FS 8-31-0S.Cmf core Note 1 Note 3 Note 5 �CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. September 30, 2005 To: S. Martin Taylor, C hair and Members of the Board of Trustees From: Herbert (Ted) D. Doan, Investment Committee Member Re: June 30, 2005, Investment Report RESOLVED that the June 30, 2005 Investment Report be accepted, as recommended by the Investment Committee. On August 31,2005, the Investment Committee met to review and approve 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 perfonnance for the operating and pennanent endowment funds. December 31, 2004 Return Comparison Two recently released surveys confim1 that the CMF endowment funds continue to perform well against its peers for the period ending 12-31-04. The third annual Commonfund Benchmark Study covers 317 independent/ private, community and operating charities. The annual COF Community Foundation survey included 189 community foundations from around the country for the year ending 12-31-04. 1 Year CMF Endowments Commonfund Benchmark Study COF Community Foundation Survey 3 Year 5 Year 12.2% 11.4% 7.8% 7.5% 3.7% 3.9% 10.8% 6.6% 3.4% S:\Boards and Committees\CMF\Board\2005-06\ 10.10.05 Meeting Materials\Investment Memo 6-300S.doc �The enclosed 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&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 F ixed 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 transferring cash from the endowment funds to the CMF general checking account 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. Due to the time it takes for Cambridge to collect the investment returns nwnbers the enclosed report represents the latest numbers available. S:\Boards and Committees\CMF\Board\2005-06\ 10.10.05 Meeting Materials\Investment Memo 6-300S.doc �Council of Michigan Foundations Investment Report June 30, 3005 Investment Balance 6-30-05 Actual Asset Allocation Targeted Asset Allocation Operating Funds CMF Operating & Special Projects MCFV Special Project s KYIP Fund Michigan AIDS Fund $3,789,630 100% 100% $278,287 100% 100% $10,475,795 100% 100% $447,399 100% 100% Note: All operating funds are invested in money market accounts. Endowment Funds- Asset Mix Market Value Cash Equivalents Fixerl Income Equities $127,710 4.013,3RO 9,456,197 $13,597,287 Actual % Target % 0% 30% 70% 100% 0.9% 29.5% 69.5% 100.0% Endowment Funds Compound Annual Rate of Return One Year Three Year Five Year Actual Investment Return 9.89% 10.03% 3.56% Lipper Median Benchmark 8.50% 7.91% 2.38% S:\Boards and Committees\CMF\Board\2005-06\10.1 0.05 Meeting Materials\lnvest Report 6-30-05 �Council of Michigan Foundations Investment Performance Comparision 3/31/2005 Actual Returns Period Ending 3-31-05 Quarter Lipper (Median) -2.1 3% CMF Cambridge Pooled Pool Funds (Median) -1.6 1% 0.00% One Year 5.32% 6.58% 8.40% Three Years 5.04% 6.61% 7.70% Five Years 1.77% 2.71 % 4.00% Bench Marks Wilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Asset Categories US Equities International Equities Fixed Income {less high yield) Cash Other Total Other - Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other Period Ending 3-31-05 Qtr Ending -2.4% -2.1% -3.1% -0.5% -0.2% 1.6% One Yr 7. 1% 6.7% 8.2% 1.1 % 15.1 % 3.1% Three Yrs Five Yrs 4.3% -2.6% 2.7% -3.2% 5.6% 9.7% 7.1% 6.0% -1.1% 11.6% 2.5% 2.6% Asset Allocation CMF Cambridge Pool Target 36.1 % 17.4% 18.3% 4.9% 23.3% 100.0% 2.8% 8.1% 1.2% 4 .2% 1.3% 2.0% 0.5% 0.4% 2.8% 23.3% 52.0% 13.0% 25.0% 10.0% 100.0% 5.0% 5.0% 10.0% *Represents the latest return numbers available from Cambridge. S:\Boards and Committees\CMF\Board\2005-06\10.1 0.05 Meeting Materials\lnvest Comparison 3-31 -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_2005_BB_2005-10-10_Financials Title A name given to the resource Council of Michigan Foundations 2005-10-10 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 2005-10-10 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, 50611 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/31f66b2e98c6f6af143079254db5f689.pdf 5a718dca4cd46502da1f9c1ba8572466 PDF Text Text CMF Cou ncilof M ichigan Founcfations Serving grantmakers. Advancing giving. September 29, 2005 To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Libby Maynard, Co-Chair, Government Relations Committee David B. Kennedy, Co-Chair, Govemment Relations Committee Rob Collier, President Re: Recommendation from the Government Relations Committee As a result of an engaged annual meeting of the committee with participation by 18 members, we present the following resolution. RESOLVED that the attached Legislative Goals Statement as reviewed and edited by the Government Relations Committee be adopted for 2006. Background In updating Section IV. National Legislative Issues, the Committee has agreed to the addition of Goal 17- to support efforts to limit tax shelters in which charities receive little or no benefit- as a result of the action by the CMF Board at the Ju11e 2005 Bom·d Meeting to suppot1 S 993 which would place excise taxes on insurance contracts in which certain exempt organizations may hold an interest. In addition, the Committee members held a lively debate on Goal 13 dealing with the Estate Tax. The Committee has decided to not recommend at this time a position on the Estate Tax, such as that taken by Independent Sector and discussed in the Legislative Goals Statement. At the Board Meeting, we will offer a verbal report on the flurry of legislation in Congress to help stimulate charitable giving to address the needs of Hurricane Katrina victims. This activity by Congress has included two hearings held by the Senate Finance Committee, which presented the outpouring of generosity and activity by nonprofits to respond, as opposed to previous hearings which have showcased examples of abuse in the sector. The Katrina Relief I Bill, a summary of which is attached, includes several provisions for stimulating charitable giving. Two new bills have been introduced in the House and Senate on September 28 -both include the IRA Charitable Rollover. An additional Katrina Relief bill is expected to be introduced in mid October. In updating Section V, State Legislative Issues, the Committee is reconunending the addition of Goal 7 - to support revisions to the Nonprofit Corporation Act. As summarized on page 10 of the Statement, this revision will include at least one recommendation from the National Panel convened by IS at the request of the Senate Finance Committee. In addition, we have included a copy of the Top Ten Questions document referred to in Goal6. �Government Relations Report Page 2 The Committee also reviewed the Executive Summary of the Final Report from the Committee convened by IS, copies of which have been previously shared with you by CMF staff. The Committee discussed March 14, and 15, 2006 as the dates for Foundations on the Hill. We are pleased to include a pen as your save the date reminder with this Board book. Save the Date cards will be distributed to all participants attending the CMF Annual Meeting on October 11 . Finally, we had meetings in August with Representatives Sander Levin and David Camp, our two members of the House Ways and Means Committee, to discuss the legislative climate in Washington. Both indicated that we must be alert to the potential Charitable Reform package being developed by the Senate Finance Committee. They also indicated their support for the IRA Charitable Rollover, and reaffirmed the value of our visits with them every year in Washington as part of Foundations on the Hill. We look forward to discussing this Report with you. �CMF Council of M ichigan Foundations Serving grontmokers. 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 phi lanthropy. The CMF Board of Trustees approved the initial Legislative Statement on March I, 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, November 3, 2004 and October 10, 2005.* 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 refonns 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 ofTrustees 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 ofCMF directed the Board of Trustees to develop a public information program that would 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 Forum 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 2005 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% Terminated .65 limit on grant administrative expenses for private foundations Fair regulations on private foundation lobbying issued Full deductibility of gifts to private foundations of publicly-traded stock made pern1anent 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 S-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 pernmnent Definition of community foundation strengthened in tax code Tort liability of volunteers of nonprofit corporations limited Michigan Intangibles Tax repealed 501(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. Explanation: In order to preserve the "real" grantmaking capacity of a private foundation, it is important that all historical financial data be taken into consideration. * Bolded text signifies 2005 update. Page 2 �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, 1981 -Private Foundations: The Payout Requirement and Its Effect on Investment and Spending Policies, and a DeMarche Associates, Inc. study "Spending Policies and In vestment Planningfor Foundations," 1995, sponsored by the Council on Foundations.) 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, confirms 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% for private foundations. The introduction of charitable reform legislation from the Senate Finance Committee that could address the treatment of administrative expenses as part of the five percent payout calculation for private foundations has been delayed from September 2005 to possibly January 2006 due to Hurricane Katrina. 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. 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 1 percent of the foundation's net investment income. Private *Bolded text signifies 2005 update. Page 3 �foundations are the only 50I(c)(3) organizations that currently pay this federal tax. The current fommla is difficult to administer and can limit charitable giving. Simplification to a flat one percent is an acceptable intermediate step and enjoys bipartisan support in the House and the Senate. However, simplification is not in the current Senate version of the CARE Ad. The Charitable Reform legislation expected from the Senate Finance Committee could include a flat one percent excise tax for those foundations that payout at least 6%. 5. Goal: Prevent further efforts to reduce the usefulness of the charitable deduction and repeal the three percent t1oor 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 permanent. 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 foundations are required to treat them as private foundations. Any grant from a private foundation to another private foundation requires that the 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. Explanation: Most taxpayers no longer file the long tax form that permits itemized deductions; instead they file the short fon11 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 I, 1987. *Bolded text signifies 2005 update. Page 4 �The Senate Fiscal Agency has evaluated the cost of the non-itemizer 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 non-support for this issue. President Bush has dropped the charitable non-itemizer from his proposed budget for 2006- the first time since he has been President that it has not been included. The non itemizer is in the Senate version of the CARE Act (S6, Section 301) and was introduced in new bills on September 29, 2005 in both the House and Senate. Luke warm support by Republicans and Democrats for this issue may be strengthened as a result of efforts to stimulate charitable giving to address Hurricane Katrina rebuilding efforts. 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 monitoring is essential to oppose unreasonable and unnecessary regulatory reporting burdens on both foundations and their grantees. For example, despite the efforts of the nonprofit sector led by Independent Sector (IS), the Appeals Court has disallowed the ruling of the Federal Election Commission exempting 501(c)(3) and (c)(4) organizations as political committees. This means the Commission will need to start again in dealing with this issue. Independent Sector (IS), on behalf of foundations and public charity nonprofits, has taken the position that 50 I (c )(3) and 501 (c)(4) organizations should not 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. IS makes the following points: • • • • 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 patty) and other nonpartisan communications. It should not 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 ifthey 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. *Bolded text signifies 2005 update. Page 5 �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 unre lated 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 continues to receive bi-partisan support in both the House and Senate. The President even discussed it when presenting his budget. The IRA Rollover is currently in S6, Section 302, and has been introduced as a stand alone in S1366 and HR 1607. CMF recently met with Congressmen Camp and Levin to discuss their support for HR 1607. Since Hurricane Katrina occurred, the IRA Charitable Rollover has been included in bills introduced by both the House and Senate along with other options to spur charitable giving to meet the direct needs of victims. 12 . Goal: A void 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 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 has again introduced HR 543 to impose additional reporting requirements on corporate giiving programs, but the legislation is again not expected to make it out of Committee. 13. Goal: Monitor the impact of estate tax legislation passed in 2001 on creation of new foundations and gifts to existing foundations. * Bolded text signifies 2005 update. Page 6 �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. President Bush has indicated that it is a priority to make repeal of the estate tax permanent. It is estimated by the Congressional Budget Office in a July 2004 Report titles Charitable Bequests and the Repeal ofthe Estate Tax, that full repeal of the estate tax would mmually cost the nonprofit sector $17 billion in charitable bequests. HR 8 bas been passed by the House and a Senate vote scheduled for September 6 has been delayed due to Hurricane Katrina. Senator Kyl of Arizona is promoting a compromise that would have an exemption rate in the range of $3.5 million to $10 million and a tax rate of 15% . Independent Sector (IS) supports a compromise of an exemption rate of $3.5 million for an individual and a 35% tax rate. At this rate it is believed that nearly all family farms and family-owned businesses would be exempt from the estate tax. T he estate tax would only apply to 0.3 percent of Americans as opposed to only 2 percent of estates today. The Congressional Budget Office further estimates in a July 2005 Report titled Effects ofthe Federal Estate Tax on Farms and Small Businesses, that the IS position would decrease charitable giving by about 3 percent or $7.4 billion as opposed to $17 billion with total 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. 15. Goal: Support legislation requiring a five percent payout for Donor Advised Funds. Explanation: The Charitable Reform Legislation expected in this session of Congress will likely require a five percent payout requirement on Donor Advised Funds similar to that required of private foundations. The legislation would define Donor Advised Funds as public charities that primm·ily 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 Fidelity Gift Fund never make a charitable distribution. Because the five percent payout is recommended by both Michigan and national standards for community foundations, CMF supp01ts such legislation. The National Panel convened by IS at the request of the Senate Finance Committee has recommended this payout requirement for * Bolded text signifies 2005 update. Page 7 �Donor Advised Funds in its final Report presented on June 22, 2005 to Senator Grassley, Chair of the Senate Finance Committee. 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 Form are inadequate in their current formats. A review of30 990PF returns by CMF staff in January 2004 confirmed the problems filers are having with the current forms. Dave Lindberg, CMF Vice President for Finance, is participating in a 990 P F Reform Advisory Committee convened by Independent Sector, that intends to have recommendations to the IRS for a new Form 990PF by the end of 2005. 17. Goal: Support efforts to limit tax shelters in which charities receive little or no benefit. Explanation: The Senate Finance Committee has identified through Hearings held in 2004 and 2005, examples of tax shelters providing little benefit to charity. As a result Senator Grassley has introduced S 993 to place excise taxes on insurance contracts in which certain exempt organizations may hold an interest. This Bill is being supported by the Council on Foundations and IS. The CMF Board of Trustees approved support for this Bill at its June 2005 Meeting. 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. * Bolded text signifies 2005 update. Page 8 �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% ofthe industry, is $8.3 billion. The master settlement agreement does not specify how states may spend their settlement payments. Since 200 1, 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 community foundations play in this distribution and continues the annual budgeting allocation. Because of the State's financial budget problems, no funds were appropriated for this effort in 2004 and 2005. Discussions are ongoing with the Administration about receiving an allocation from the Healthy Michigan Fund for 2006 or from the State's increased tobacco tax in 2006. However, legislation in September 2005 with the Governor's support is expected to pass for securitization of $1 billion of future tobacco settlement revenues for creation of an economic development fund. As a result future annual tobacco settlement payments will be reduced greatly. Thus the future viability of reactivating this Partnership in 2007 or beyond using the original Tobacco Settlement Partnership Agreement is not strong at this time. CMF is currently preparing a summary report on the use of the funds distributed during the three year period 2001 to 2003. 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 ammal 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. Senator George is expected to reintroduce this Act now that negotiations have concluded with the Office of the Attorney General. The top NEW fee for this license will be $250 for an organization with annual revenues exceeding $5 million. 5. Goal: To monitor administration of the pennanent 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 * Bolded text signifies 2005 update. Page 9 �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 Council to the Charitable Trust Section, led by his Deputy Attorney General Gary Gordon. CMF has three representatives on the Council, which is considered a national model and is now being replicated by other Attorneys General. The Committee meets three times a year and assists 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 and examples of unfavorable state legislation initiated by attorneys general. Led by CMF, the Council has approved a two page document titled Top Ten Frequently Asked Questions for Newly Created Charitable Nonprofit Corporations that will be provided by the Corporations Division in the Department of Labor and Economic Growth to any new nonprofit having its Articles of Incorporation certified. 7. Goal: To support revisions to the Nonprofit Corporation Act Explanation: There have been no major amendments to the Act since it was adopted in 1982. Suggested changes to the Act include: • To allow nonprofits to have members vote by mail, fax or email, • To increase the number of required board members from one to three (a recommendation of The National Panel's Final Report to the Senate Finance Committee), • To provide the same liability protection to those serving on nonprofit boards as to those serving on the board of a business corporation, and • To require all personal loans to employees, board members and volunteers be reviewed by the state. The State Bar Association is leading the redrafting process for this bill with introduction of legislation expected in the fall of 2005. * Bolded text signifies 2005 update. Page 10 �TOP TEN FREQUENTLY ASKED QUESTIONS FOR NEWLY CREATED CHARITABLE NONPR OFIT CORPORATIONS 1. Does the corporation need to apply for tax-exempt status with the feder al government? Yes, usually all but the smallest corporations must apply for Section 501 (c)(3) status. This can be done by completing and filing Form 1023 with the IRS, a copy of which can be obtained from the IRS website at www.irs.gov (search for " I 023" in Forms and Publications). The form needs to include a copy of the articles of incorporation and board approved bylaws for the corporation. Corporations with gross annual receipts of normally less than $5,000 are not required to file Form I 023 ; however, these corporations may choose to apply in order to receive a determination letter confirming their Section 50 I ( c)(3) status. The corporation is not required to separately apply for tax exempt status from the State of Michigan. 2. Ar e contributions to the corporation tax-deductible? Yes, if the corporation has applied for and obtains an IRS determination letter confirming Section 50 I ( c)(3) status as a charitable organizations. Generally, a donor' s contributions to charitable organizations are deductible on their federal income tax return. But the specific deductibility rules vary depending on whether the corporation is a public charity or a private foundation. The corporation must also provide donors with contribution substantiation letters or receipts that meet IRS requirements. (Go to www.irs.gov and search for "1771" in Forms and Publications.) 3. What are the annual filing/reporting requirements with the federal government? lfthe corporation's gross annual receipts total more than $25,000, then it must file Form 990 with the Internal Revenue Service by the 15'h day of the 5'h month after the accounting period ends (e.g. May 15 if your fiscal year is the calendar year). Private foundations must file Forn1 990-PF regardless of the level of revenue. Forms are available at www.irs.gov - Search on Forms and Publications for "990." 4. What a re a charitable nonprofit's a nnual filing/reporting requirements with the State Corporation Division and the State Attorney General? Each nonprofit corporation must fi le the Corporate Information Update form with the Michigan Department of Labor & Economic Growth no later than October 1 of each year, along with the $20 filing fee. Organizations should receive the preprinted form in the mail in mid-August each year. The form is available online at www.michigan.gov/cis. (Click on "Commercial Services & Corporations" and select Forms andl Publications.) If the corporation intends to solicit donations or receive contributions of more than $8,000 in Michigan, it will most likely need a license to solicit donations from the Michigan Attorney General's Charitable Trust Section. The license must be renewed on an annual basis. In addition, most nonprofit corporations holding property for a charitable purpose (even if they do not solicit donations) are required to register with the Charitable Trust Section and file annual returns. Please visit the Attorney General's website at www.michigan.gov/ag and click on "Charitable Giving" for additional information and application forms. Corporations may be subject to other filing/reporting requirements depending on the nature of their activities. Contact the Corporations Division for additional information. 5. When are audited financial statements required? lf the corporation is required to have a license to solicit donations in Michigan, and it raises between $100,000 and $250,000 in a year, then its financial statements must be reviewed by a CPA on an annual basis. If it raises more than $250,000 in a year, then the financial statements must be audited. (See the form "Application for License to Solicit Donations" at www.michigan.gov/ag for more information.) 6. Must the cor por ation pay sales and use tax or property taxes? The corporation is exempt from paying sales and use tax when it purchases tangible personal property (such as office supplies) for use in furtherance of its exempt charitable purposes. To claim this exemption, a charitable nonprofit shou ld provide the vendor with the Michigan Sales and Use Tax Cettificate of Exemption, which can be obtained online at www.michigan.gov/treasury, and a copy of the corporation' s IRS determination letter. If the corporation sells tangible personal property (regardless of whether such sales are related to its exempt charitable purposes) and its aggregate sales for the calendar year are more than $5,000, then it is required to collect and remit a 6% sales tax to the State of M ichigan with the form "Sales, Use and Withholding Taxes Annual Return" available at www.michigan.gov/treasury. The corporation may also be exempt from real and personal property taxes and it should contact its local assessor's office for an exempt ion application. �7. What are the basic roles and responsibilities of the board of directors? The board determines the corporation's mission, appoints the officers, approves the annual budget, reviews and authorizes audits, controls investments of the corporation' s funds, is responsible for raising funds and approves major contracts on behalf of the organization. The board must hold an annual meeting to elect officers and directors, and should also have a schedule of regular meetings. For all meetings, written minutes must be prepared and kept with the corporate records. Directors should understand their fiduciary duties of due care, obedience to the organization's charitable purpose, and loyalty to the corporation. Michigan law allows volunteer directors to be insulated from personal liability in certain circumstances. The statute is available online at www.legislature.mi.gov. (Click on Michigan Compiled Laws-MCL Section and search for "450.2209." 8. What are the requirements for Officers? Under Michigan law, a nonprofit corporation is required to have a President, Secretary and Treasurer. The same person may hold more than one position but there may be limitations on the officer signing a document in more than one capacity. The President is generally the chief executive officer and supervises and controls the corporation' s activities and executes documents on behalf ofthe corporation. The Secretary is responsible for keeping the minutes of board meetings, maintaining the corporate records and sending notices of meetings. The Treasurer is responsible for the oversight of receipts, payables, and other items related to the cash flow ofthe corporation and facilitating audits. Officers may be volunteers or paid staff. 9. Are there limitations on compensating Directors and Officers? Although the law permits directors to be compensated, it is highly unusual for a public charity to compensate its directors and fewer than 20% of private foundations compensate board members. The law requires any such compensation to be reasonable in amount. Public charities are required to follow the IRS intermediate sanction rules in determining compensation. (See Form 990, Section P.) A private foundation must comply with the IRS self-dealing rules as outlined in IRS Publication 578, Chapter 8. If more than reasonable compensation is paid in either case, the IRS may impose penalty taxes. In addition, directors or officers who receive compensation may not qualify for cer1ain liability protections under state law. 10. Are there reporting requirements concerning conflict of interest? IRS Form I 023 asks whether a conflict of interest policy bas been adopted by the board similar to the sample policy in Appendix A of Form 1023. It is recommended that the board adopt a conflict of interest policy, review it on an annual basis and have each director and officer complete a conflict of interest disclosure statement each year. The State of Michigan offers a number of resources for nonprofit corporations through educational workshops offered by the Corporate Division of the Bureau of Commercial Services under the Department of Labor and Economic Growth (www.micbigan.gov/cis) and the Charitable Trust Section of the Office of the Attorney General which administers and enforces Michigan statutes regulating charitable organizations the Charitable Solicitation Act (www.michigan.gov/ag). This document was prepared on behalf of the Michigan Nonprofit Council for Charitable Trusts, which informs the Attorney General on issues related to charities. For additional information, available free of charge, regarding best practices and good governance for nonprofit corporations, you may wish to visit the following websites: Council ofMichigan Foundations www.cmif.org Michigan Nonprofit Association www.mnaonline.org Volunteer Accounting Service Team of Michigan www.vastmi.org This list ofwebsites in no way indicates any endorsement of the described organizations, their services, or the information they provide. It is provided to you for your information only. Some organizations may charge for certain services. You may also be led to other resources through web site links unknown to us. This document does not constitute legal advice by any of the above mentioned organizations or any agency of the state of Michigan. For a legal opinion on how state and federal laws and regulations apply to individual organizational circumstances nonprofits should consult an experienced attorney. �Committee on Ways and Means H.R. 3768, Katrina Emergency Tax ReliefAct of 2005 House Amendment to Senate Amendment RELIEF FOR INDIVIDUALS AFFECTED BY HURRICANE KATRINA • Holds families harmless against the loss of tax benefits due to temporary relocations. Damage caused by the hurricane has displaced hundreds of thousands of individuals, who are temporarily living with fam ily, friends or good Samaritans. Under current law, a prolonged change in their living situation could affect their eligibility for various tax benefits. The proposal allows individuals the option of using their 2004 income to calculate the child credit and the Earned Income Credit on their 2005 tax returns. This special rule applies to individuals who were displaced from their principal residence by reason of Hurricane Katrina. The proposal also grants the U.S. Treasury Department the authority to ensure that taxpayers do not lose tax benefits or experience a change in filing status in 2005 and 2006 due to temporary relocations. • Ensures that families are not taxed on forgiven debt. Under current law, amounts realized from the discharge of indebtedness are generally treated as taxable income to the individual. The proposal ensures that individuals affected by the hurricane are not taxed on personal debt relief related to the hurricane, such as the cancellation of a mortgage, provided before 2007. • Provides tax relief for housing assistance to dislocated persons. The proposal creates a special tax deduction for individuals who provide rent-free housing to dislocated persons for at least 60 days. The deduction is $500 for each dislocated person housed in the individual ' s principal residence (up to a maximum of $2,000). The deduction can be claimed in either 2005 or 2006, but cannot be claimed in both years with respect to the same person. • Allows full deductibility of personal casualty losses. Under current law, individuals who itemize their deductions may deduct personal casualty losses to the extent they exceed 10 percent of adjusted gross income and a $100 floor. The proposal waives the 10-percent and $ 100 floors, thus allowing individuals to fully deduct their losses. • Waives 10-percent tax on early distributions from IRAs and pensions for individuals affected by the hurricane. In general, distributions from IRAs and pensions are subject to a 10-percent penalty if they are made before a certain age. The penalty is intended to discourage individuals from withdrawing funds that are needed for retirement. To ease the financial burden faced by many fami lies in the disaster area, the proposal allows eligible individuals to withdraw a maximum of$100,000 from their IRAs and pensions without paying the 10-percent penalty. Individuals eligible for the waiver may pay income tax on the distribution over three years. Income tax is not due if the distribution is repaid to the account within three years. The proposal also increases the limit on loans from pension plans from $50,000 to $100,000. Chairman Bill Thomas (R-CA) Committee on Ways and Means 912112005 12:54 AM Page I of4 �• Extends the Work Opportunity Tax C redit. Under current law, employers are allowed to claim the Work Opportunity Tax Credit (WOTC) if they hire individuals from certain target groups who are considered to face barriers to employment. The credit generally equals 40 percent of the first $6,000 of wages paid to the employee in the first year (i.e., the maximum credit is $2,400). The proposal temporarily creates a new target group under the WOTC, called Hurricane Katrina employees. The target group is comprised of individuals who, prior to the hurricane, lived in an area that is now eligible for individual and public assistance under the Stafford Act. • • Employers located in an area that is d igible for such assistance may claim the WOTC with respect to Hurricane Katrina employees hired over the next two years. Employers located outside of this area may claim the WOTC with respect to Hurricane Katrina employees hired through the end of the 2005 calendar year. • Provides an Employee Retention Tax Credit. Small employers located in a disaster area that is eligible for individual and public assistance under the Stafford Act may claim a tax credit through the end of the 2005 calendar year if they retain an eligible employee on their payroll. The tax credit equals 40 percent of the first $6,000 of wages paid to the employee between August 28, 2005 and January 1, 2006. The credit is available to small employers (i.e., an average of200 or fewer employees in the taxable year) whose business is inoperable as a result of damage sustained by Hurricane Katrina. The credit is not affected if the employee reports to work at another location while the business is inoperable. • Provides a longer period of time to replace damaged property without incurring tax. Under curre nt law, insurance proceeds are not taxable if they are invested in replacem ent property within two years (with respect to damaged business property) or four years (with respect to damaged principal residences in Presidentially-declared disaster areas). The proposal increases the reinvestment period to five years as long as the replacement property is located within the disaster area. • Expands the availability of below-market mortgages in the disaster areas. Under current law, state and local governments may issue mortgage revenue bonds (MRBs) to finance lowinterest rate mortgages for first-time homebuyers who meet certain income and purchase price limits. The proposal waives the first-time homebuyer requirement so that individuals whose homes were rendered uninhabitable by Hurricane Katrina can qualify for these lowinterest rate mortgages through 2007. In addition, the proposal provides that up to $150,000 of the loan proceeds may be used to repair damaged homes. To be eligible, the new home must be located in the declared disaster area. EXTENSION OF DEADLINES • Extends deadlines for paying excise and employment taxes. The IRS has taken administrative action to extend the deadlines for filing tax returns and making tax payments until January 3, 2006. These extensions apply to income, estate and gift taxes for those affected by Hurricane Katrina. The proposal extends the deadline until February 28, 2006. The proposal also applies this extension to excise taxes and employment taxes, in addition to income, estate and gift taxes. Chairman Bill Thomas (R-CA) Committee on Ways and Means 912112005 12:54 AM Page 2 o.f4 �INCENTIVES FOR CHARITABLE DONATIONS • Encourages cash donations by individuals. Under current law, individuals may deduct charitable donations up to 50 percent of their adjusted gross income. Deductions for charitable donations are further limited by the phase-out of itemized deductions. Under the proposal, cash donations to charities are exempt from the 50-percent income limitation and the phase-out of itemized deductions if the donations are made before January 2006. • Encourages cash donations by corporations. Under current law, corporations may deduct charitable donations up to 10 percent of their taxable income. The proposal waives the 10percent income limitation for cash donations related to Hurricane Katrina if the donations are made before January 2006. • Modifies tax treatment when using a personal vehicle for charitable work. Under current law, individuals may claim a tax deduction for the costs associated with using a personal vehicle for charitable work. The deduction is calculated by using a mileage reimbursement rate of 14 cents-per-mile. The reimbursement rate for business use is set periodically through IRS guidance and currently stands at 48.5 cents-per-mile. The proposal sets the mileage reimbursement rate for charitable contributions at 70 percent of the standard business mileage rate. If the individual is a volunteer and is reimbursed for the use of the personal vehicle, the proposal ensures that the individual does not have to pay income tax on the reimbursement. Both provisions are effective through December 31, 2006. • Encourages charitable donations of food inventory. Under current law, C-corporations may deduct the cost of food inventory donations. The value of the deduction is equal to the lesser of two times the basis or basis plus one-half of the added value. The proposal extends the current-law deduction for food donations to S-corporations, partnerships and sole proprietors through the end of the 2005 calendar year. • Encourages donations of educational books to public schools. The proposal allows a charitable deduction through the end of the 2005 calendar year for donations of educational books to public schools. The value of the deduction is equal to the lesser of two times the basis or basis plus one-half of the added value. Chairman Bill Thomas (R-CA) Committee on Ways and Means 912112005 12:54 AM Page 3 of4 �BACKGROUND • On September 15, 2005, the House passed H.R. 3768, the Katrina Emergency Tax ReliefAct of2005, by voice vote. • The Senate passed S. 1696, the Hurricane Katrina Tax Relief Act of2005, by Unanimous Consent on the same day. Later in the day, the Senate called up H.R. 3768 and amended it with a modified version of S. 1696. The modifications helped bring the House and Senate versions of the bill into conformity. The Senate amendment passed by UC. • The House is further amending H.R. 3768 to resolve the remaining differences between the House and Senate bills. The House Amendment makes the following changes to H.R. 3768, as passed by the House on September 15: 1. Adopts the Senate provision to extend excise and employment tax deadlines through Febmary 28, 2006. 2. Adopts the Senate provision that ensures volunteers will not be taxed if they are reimbursed for use of personal vehicle for charitable work. 3. Extends the enhanced charitable deduction for individual cash donations so that it applies to cash donations made to all charities, not just charities related to Hurricane Katrina. 4. Adopts the Senate provision that allows up to $150,000 of mortgage revenue bond proceeds to be used to repair homes damaged by Hurricane Katrina. 5. Expands the WOTC credit so that employers outside of the designated disaster area may claim the credit for eligible individuals hired through the end of2005. 6. Adopts a modified version of the Senate provision for an employee retention tax credit. The modified provision applies to small employers with respect to individuals whose primary place of employment prior to the hurricane was in the disaster area . 7. Adopts a modified version of the Senate provision relating to charitable donations of food inventory. The modified provision extends the current-law deduction to Scorporations, partnerships and sole proprietors. 8. Adopts a modified version of the Senate provision relating to charitable donations of books. The modified provision allows a tax deduction for educational books donated to public schools. • These changes reflect a bipartisan agreement between the House and Senate. It is expected that the Senate will pass H.R. 3768, as amended by the House, pursuant to this agreement. Chairman Bill Thomas (R-CA) Committee on Ways and Means 912112005 12:54 AM Page 4 o.f4 � 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_2005_BB_2005-10-10_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2005-10-10 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 2005-10-10 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, 50612 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/0ba9ddc0ed06b5718993bd8a30891ac7.pdf 6a01e0a4ef428a7dcd0f74483c6e959a PDF Text Text Status of IDA Activity in Michigan Fact Sheet September 2005 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 1600 IDA Accounts available. IDAs help working poor families save toward their household dream of buying a home, attaining post-secondary education, or starting a small business. Since 2001 Michigan bas: )> )> )> )> 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 1600 Expanded the number of IDA Program Sites from 5 to 50 Over 1263 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 $1,700 ($20,000 annually), and two children living at home. Nearly 80% of all participants plan to pmchase a home, 10% intend to use their account for a business, and 10% for education. • Regular savings by participants went from 25 to 71 percent, and 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 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 * Full evaluation reports are available online at http://www.cmif.org/IDA/IDAEvaluation.htm )> Through September 30, 2005, 643 IDA Participants have made an asset investment (438 homes purchased, 124 education account uses and 81 business accounts uses). The mortgages leveraged to date exceed $37 million (see charts on back). )> Leveraged $3 million in private sector funding, $4 million from the state of Michigan (including FIA and MSHDA funds) and $2 million in Federal Assets for Independence Act funding (All 5 Regional Coordinating Organizations (RCOs) have received AFIA support). IDA Policy to Continue Growth: )> Develop annual State Support for IDA Accounts through FIA and MSHDA existing budgets. )> Reauthorization of the Assets for Independence Act with recommended changes (federal). )> Passage of the Saving for Working Families Act (federal). For Further information Contact: Eric Muschler, Michigan IDA Partnership 17177 North Laurel Park Drive, Suite 161 Livonia, MI 48152 Phone: 734 542-3951 Email: Muschler@Earthlink.net Website: go to www.cmif.org and click on Michigan IDA Partnership �Michigan IDA Partnership Program Status Update September 2005 Cumulative Open Accounts & Asset Investments By Quarter 1400 1300 o 1200 1100 open accounts • asset investments 1000 900 800 700 600 500 400 300 200 100 ;; ;; ~ :5. 0. < ~ ~ "' 0 l < "'0. N 0 0 ~ c ~ ¥ <'; 0 M 0 ! < ,., 0 ... ... ! 0. 0 0. ~ ~ < 0 i "' ~a 0 < Asset Investments Summary Table As of September 30, 2005 Homeownership Accounts Education Accounts Business Accounts Total Asset Investments Total Participant Savings Total Match Amount Current Mortgages Leveraged 438 124 81 643 $ 616,247 $ 1,788,940 $ 37,083,531 In addition to the quantitative impact of the growing number of IDA Asset Investments, 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. �Summary of a New CMF Partnership The Asset Building Policy Project (ABPP) at the Community Economic Development Association of Michigan (CEDAM) Purpose: The Asset Building Policy Project (ABPP) will articulate a comprehensive set of policy and tools to help low-income working families to build assets and achieve a more secure financial future. Next Phase of MIDAP: The ABPP is the next phase of the work of the Michigan IDA Partnership. The ABPP will be housed at CEDAM, a statewide association of community economic development organizations in Michigan. CEDAM is a new key partner with CMF in this effort. Over the next year MIDAP will continue to transition key roles it has played related to IDAs to the five Regional Coordinating Organizations in Michigan. As MIDAP ends on September 30, 2006, a key role that will live on through the ABPP will be educating and advocating for public policy related to Asset Building. Progress of the ABPP to Date: >- December 2004; MIDAP's Public Policy workgroup outlined a plan to enhance MIDAPs efforts related to influencing public policy and expanding the scope of its work beyond IDAs to broader Asset Building Policy. >- May 2005; CEDAM, CMF, and MIDAP convened the Asset Building Coalition (ABC) for Michigan to develop a report to highlight existing and create new policy options with the greatest potential to help working poor households build assets toward becoming more financially secure. >- June to September 2005; 45 offices and organizations representing bi-partisan legislators, state departments, and key non-for-profit organizations met over the summer to research and develop the ABPP report on potential Asset Building Policy. >- October 2005: The Partnership between CMF and CEDAM formalized. Funding and Support: >- The project has quickly received strong support from other policy advocates and funders. Over the summer a total of $300,000 was raised providing resources to fully fund the first two years of the ABPP with additional resources available in years 3-5. Key sources of funding are the C.S. Mott Foundation (through CMF), CFED, and the Michigan State Housing Development Authority (MSHDA). Policy Direction (draft as the ABPP report is completed for November release): The ABPP will pursue public policy and tools that help working poor families, 24% of households in Michigan, build financial assets and achieve a more secure financial future for themselves and their children by enacting policies that: >- Encourage families value, participate and complete higher education & skill training >- Helps families working, but in poverty leverage their limited resources >- Encourages families to save and invest in their future >- Enables families to build financial security through the ownership of assets Project Director: The ABPP will be lead by Eric Muschler who will increase his time on policy efforts with CEDAM (75% FTE) and continue with MIDAP over the next year to complete role transfers to regional coordinators (25% FTE) and close that office. � 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_2005_BB_2005-10-10_IDA-Partnership Title A name given to the resource Council of Michigan Foundations 2005-10-10 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 2005-10-10 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, 50613 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/aaaa68ff4c8fd91566af82b04d46029a.pdf b7e125aa7ee15f7cf62b872a7dbdf108 PDF Text Text CMF Councilof Michigan Foundat ions Serving grantmakers. Advancing giving. September 29, 2005 To: S. Martin Taylor, Chair, and Members of the Board of Trustees From: Betsy Upton Stover and Ira Strumwasser, Co-Chairs Rob Collier, President & Jeri Fischer, Membership and Special Projects Director Re: Membership Report The following resolution is presented for action. RESOLVED that the following seven grantmakers be approved for membership: Akers Foundation, Ann Arbor Joan Binkow, Trustee • Created in 1958 in Ohio, with current assets of $1 ,274,00 and grantmaking of $63,500, it focuses on education and Jewish agencies. Friedman Family Foundation, Ann Arbor Susan L. Cameron, President • Created in 1993, with current assets of $857,000 and grantmaking of $55,500, it focuses higher education and Jewish agencies. Benn and Kathleen Gilmore Foundation, Plymouth Benn Gilmore, Trustee • Created in 2005 by Dr. Gilmore of American Laser Centers with assets of $50,000. Ferris Greeney Family Foundation, Grand Rapids Wendy Greeney, President • Created in 2003 by Edith Blodgett, a long-time member, with assets of $342,000 and grantmaking of $40,000, with a focus on higher education. Des Family Conservation Scholarship Fund, Saginaw Douglas C . lies, Donor • A donor advised fund in the Saginaw Community Foundation. Morgan Stanley, Bloomfield Hills Vera Johnson, Financial Advisor • A corporate giving program with grantmaking of $60,000 with a focus on youth, diversity and the arts. Rock Financial- A Quicken Loans Company, Livonia Wendy Kemp-Watkins, Manager, Community Relations (Wendy was form erly with Kmart, values CMF and joined the same day she j oined Quicken.) • A private company and Michigan's largest mortgage company with over $385,000 in annual grantmaking, with a focus on youth. �Membership Report September 29, 2005 Page 2 Activity Summary for period April 1 through September 29, 2005 Memberships at 4/l/05 New members Dropped Membership at 9/29/05 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 399 10 -2* 407 271 of399** 68% $ 649,060 17 $ 15,910 * The Edward J. Kloian Foundation - foundation terminated Kmart- suspended its corporate giving program **Reminder letters have been sent to 87 current members in September. Rob is still working on the 41 that are unpaid from 2004. The plan is to resolve this group at the March Board Meeting. We expect to lose at least 25 from this group. Summary of current m embership The following chart summarizes the current membership composition of 407: Private: 233 Family Foundations Independent Foundations 172 61 Foundations Affiliates Donor-Advised Funds Supporting Organization 55 33 5 1 Foundations Giving Programs 26 31 Community: 94 Corporate: 57 Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Totals: 19 17 2 4 4 407 407 � 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_2005_BB_2005-10-10_Membership-Report Title A name given to the resource Council of Michigan Foundations 2005-10-10 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2005-10-10 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50614 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 2005-10-10 https://digitalcollections.library.gvsu.edu/files/original/34d2bbae6dc767be9dd8924cb7306be7.pdf 865ed1088ba4329e673c0ce38422a03f PDF Text Text CMF Council of Michigan Foundations Serving grantmakers.Advancing giving. September 30, 2005 Memo to: Members of the Board of Trustees From: Lloyd J. Yeo, Executive Committee Member RE: Resolution for President to Execute Contracts on Behalf of CMF and its Supporting Organizations RESOLVED that the CMF Board of Trustees adopt the following resolution as approved by the CMF Executive Committee. The President & Chief Executive Officer is authorized and empowered to execute and deliver on behalf of CMF and its supporting organizations, such printed resolutions deemed necessary to enter into contracts or agreements on behalf of the various corporations, so long as those contracts or agreements fall within current budget constraints as approved by the CMF Board of Trustees. Background The President and CEO position ofCMF has been designated as the person authorized to sign all necessary contracts and agreements that may be necessary to carry on the operations of CMF and the various supporting organizations. Occasionally a contract or agreement requires that a resolution of the Board be adopted authorizing the President & CEO to sign such document. To prevent delays in these transactions, management recommended and the Executive Committee adopted this standing resolution, as recommended by CMF legal counsel, Clark Hill. � 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_2005_BB_2005-10-10_Memo-About-President Title A name given to the resource Council of Michigan Foundations 2005-10-10 board book memo about president Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2005-10-10 board book memo about president. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50615 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 2005-10-10