188 24 26018 https://digitalcollections.library.gvsu.edu/files/original/1e168417e09678e6e4e3f19650160b6a.pdf 4c24b002c360985bf74ccf5ab15c8858 PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: October 12, 2007 To: Diana R. Sieger, Chair and Members of the Board of Trustees From: Rob Collier, President & Jeri Fischer, Membership & Special Projects Director Re: Membership Report The following resolution is presented for action. RESOLVED that the following grantmakers be approved for membership: Ed & June Kellogg Foundation, Howell Dr. Thomas M. Kellogg, president • Family foundation was founded in 200 I by June E. Kellogg with current assets of $436,000 and grantmaking of$21 ,000. Fifth Third Foundation, Cincinnati, OH Heidi B. Jark, bank VP and foundation manager • An out-of-state corporate foundation with assets of $ 11 million and grantmaking at $6 million. Paul & Peggy Rowley Donor Advised Fund, Bay City Paul & Peggy Rowley, founders • A donor advised fund in the Bay Area Community Foundation where Peggy had been executive director. Michigan Masonic Charitable Foundation, Alma Lawrence H. Wallach, executive director • A public foundation resulting from two organizations merging in 2007 with assets of $130 million and grants of nearly $6 million. The Pokagon Fund, New Buffalo Mary Dunbar, executive director • Formed in 2007, it is a private foundation supported by two percent of the electronic gaming revenue from the Four Winds Casino Resort with current assets of$270,000- expected to grow to over $3 million. Grantmaking will commence shortly in the fo llowing manner: I 0% to Pokagon Band ofPotawatomi Indians; 45% to nonprofits in the New Buffalo region; and 45% divided among nine municipalities. Activity Summary for period April I , 2007 through October 22, 2007 Memberships at 4/ 1107 New members Dropped Membership at I 0/12/07 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 405 6 10 401 317 79% $ 877,300 24 $ 163,860 �Membership Report October 12, 2007 Page 2 Summary of current membership The following chart summarizes the current membership composition of 401 : 228 Private: Family Foundations Independent Foundations 172 56 96 Community: Foundations Affiliates Donor-Advised Funds 56 Foundations Giving Programs 25 24 33 7 Corporate: 49 Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 20 19 1 8 7 1 401 401 Drormed from Membershi2 Ten members are being dropped from membership with the reasons listed next to each name. Earhart Foundation (does not like CMF Principles) Marshall M. F redericks Foundation (out of state CA, no participation) Free Press C harities (out of business) Clarence and J ack Himmel Foundation (no interest/participation) Loomis, Sayles & Company, L.P. (no grantmaking) Sid M ittra and Bani Mittra Family Foundation (no assets or grantmaking) Pfizer Corporation (corporate headquarters in New Jersey, no participation) Sinai Medical Staff Foundation (no interest/participation) Tapestry Foundation of Mary Carmel and Thomas Borders (out of state TX, no participation) Target (out of state MN, no participation) � 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_2007_BB_2007-10-22_Membership-Report Title A name given to the resource Council of Michigan Foundations 2007-10-22 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 2007-10-22 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, 50701 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 2007-10-22 https://digitalcollections.library.gvsu.edu/files/original/e08eea89d63d278c88fe26684273a0e6.pdf d9f0ce1327fd84f895bed7aa971cda29 PDF Text Text Council of Michi an CMF Foun~ations Serving grantmakers. Advancing giving. October 12, 2007 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report Staff Highlights Kenita Montgomery, a June 2007 graduate of the Ford School of Public Policy at the University of Michigan, has been retained by CMF to be the first Skillman Program Policy Fellow. CMF has received a grant from the Skillman Foundation to launch this unique partnership with the Skillman Foundation and Neighborhood Funders Group (NFG) a 20 year old national affinity group that a number ofCMF members are members of. Kenita will be spending 65% of her time working on local neighborhood and education policy issues in Detroit, 20% of her time worlcing on neighborhood and education policy issues at the national level with NFG and 15% of her time working on state policy issues with CMF. This is a two year fellowship and in the second year the Skillman Foundation grant will go to NFG. We hope that Kenita is the first of up to five such fellows based at major urban centers in the country. We look forward to having you meet Kenita at the Board Meeting. Vicki Rosenberg, vice president, education, communications, and external relations has been appointed to the Council on Foundations' Committee on Inclusion. Vicki manages CMF's on-going efforts in the areas of diversity and inclusion and cultural competency. The CMF Communications Team of Ginocchio, Noricks and Rosenberg has been participating during the spring and summer months in a Forum sponsored media relations capacity building initiative with teams from the Chicago, Indiana, Ohio, St. Louis and Wisconsin regional associations. Teams engaged in a self-assessment process, training workshops and received technical assistance from Douglas Gould & Co., a communications and media relations firm in New York. CMF Staff spent an afternoon painting a house in Grand Haven as part of the United Way's Day of Caring on September 20. Education and Networking Events At the May 22 Board Meeting in Flint we reported on the following upcoming events. May 17 - Implications of the Detroit River Walk and Riverfront Redevelopment for the City of Detroit Seventy-one grantmakers battled the elements of wind, rain and cold weather at an outdoor picnic on the new Detroit River Walk for this session of Detroit Area Grantmakers. Faye Nelson, CEO, Detroit Riverfront Conservancy and Former Detroit Piston Dave Bing, presented plans for major riverfront condominium development and programming to encourage broad based community participation on the East Riverfront. The moderator was Laura Trudeau, Senior Program Officer, The Kresge Foundation. �President's Report October 2007 Page 2 May 22- Southeast Michigan Program Officers ' Lunch Hosted by the John S. and James L. Knight Foundation, fifteen program officers met at the new Mexicantown International Welcome Center and Mercado in Southwest Detroit. An overview of grants and P.R.I. 's awarded for neighborhood development to nonprofits and minority businesses and plans for the new Mercado were presented by Maria Elena Rodriquez, president, Mexicantown CDC, and Ray Waters, president, ShoreBank Enterprise Detroit. May 23- Michigan Grantmakers for Women & Girls' Annual Spring Workshop- " Public Policy and Funding Change: Moving a Women's Agenda Forward" Fifty-five grantmakers met in Lansing to discuss how to engage more women in public policy work. Keynoter Marie Wilson, president & founder, The White House Project-a national, nonpartisan, notfor-profit organization, which aims to advance women's leadership in all communities and sectorsinspired the audience with her message which initiated the establishment this fall of a Michigan White House Project. As you will note in the Public Policy Committee Report, several members are considering providing the initial funds to have a White House Project staff person in Michigan. May 23 - Essential Skills & Strategies for New Grantmakers (ESS) Fifty members and two non-members participated in the third and final workshop in ESS, earning the first certificates to be issued nationally. CMF also hosted observers from the Council on Foundations and Forum of Regional Association ofGrantmakers (Forum), Grantmakers for Western Pennsylvania (GWP), Donors Forum of Chicago (DFG) and Philanthropy Northwest (PNW). This new, standard national curriculum was developed through a COF-Forum partnership w ith leadership from Vicki Rosenberg and GWP Executive Director Judie Donaldson, co-chairs of the Forum's Grantmaker Education Task Force and co-authors of the ESS curriculum. After the Michigan launch, ESS has been delivered in Washington State and Alaska with additional sessions scheduled in other locations. Our thanks to Karen Aldridge-Eason, Tonya Allen, Dave Campbell, Tom Cook, Dave Egner, Kathy Huschke, Joel Orosz, Marsha Rapp and Marcia Smith, for an outstanding job as facu lty. The next ESS institute will be offered in FY08. June 15-17 -9111 Annual Family Foundations Retreat, "Creating a Blueprint for the Future" Seventy-seven family foundation trustees and other family members spanning four generations aged 686 representing 17 foundations gathered at Crystal Mountain for this three-day annual event. Highlights included a family art happening in the Michigan Legacy Art Park, a first showing of a documentary film entitled "Where Do the Children Play?" and presentations by Doug Bauer, senior vice president of Rockefeller Philanthropy Advisors, and Dr. Kenneth Gladish of The Grantmaking School at the Dorothy A. Johnson Center for Philanthropy and Nonprofit Leadership at Grand Valley State University, At the end of the retreat, the 20 young people ages 6 to 18 announced $500 in grants to local Manistee nonprofits. June 22-24- Youth Leadership Conference- University of Michigan Over 200 young people attended the Youth Grantmakers Summer Leadership Conference June 22-24. This year's conference included 11 out-of-state youth grantmaking councils coming from as far west as Washington, and as far east as Virginia. The MCFYP Committee planned programming around 3 central "basics": Fund Developm ent, Grantmaking, and Youth Empowerment; there was also a track specifically for Advisors addressing the issues of orientation and recruitment and a special performance by "Comer Health Theater Troupe on issues impacting teenagers." �President's Report October 2007 Page 3 In addition, these events have occurred. August 14- DAG, RACE- Are We So Different? Sixty-five grantmakers attended the special pre-season Detroit Area Grantmakers at the Charles H . Wright Museum of African American History. Participants toured the 5,000 square foot national traveling exhibit "RACE-Are We So Different", a powerful combination of artifacts, historic and contemporary photography, hands-on activities, and multimedia components, addressing the topics of race and racism. August 15- Conference Call on Proposed Changes to the Form 990 Community Foundations and interested other members joined Dave Lindberg for a conference call to discuss proposed changes to the form 990. The letter developed, as a result of the call, was reviewed by the Executive Committee and sent to the IRS in advance of the September 14 deadline. August 30, September 5 - Conference Calls on Regional Approaches to Economic Development More than sixty members participated in these two conference calls which featured Bettie Buss from the Citizens Research Council and a panel of regional economic development practitioners. September 6- Communications Network-Michigan Inaugural Meeting- Flint Twenty-six members participated in the inaugural event of the Communications Network-Michigan hosted by the C.S. Mott Foundation. The day-long event included presentations and Q &A with Brian Gruber, founder & CEO, FORA.tv, a new Internet-based service offering a growing, searchable database of public interest videos that offers foundations a way to reach new and larger audiences via videos showcasing their work and that of their grantees; Gail Freedman, producer, forthcoming PBS series "Great Giving" a six episode series on American philanthropy; and Curt Bassett, principal, Starfish TV, a nonprofit cable channel devoted exclusively to featuring the good works ofnonprofits and the causes they support. In addition, members of the Mott Foundation Communications T eam provided a showand-tell of their overall work and individual roles. CMF was very pleased to meet three new members -Cynthia Shaw, Communications Director, The Kresge Foundation; Laura Stockwell, Director of Communications, Midland Area Community Foundation; and Susan Trabucchi, Senior Program Officer for Communications & Outreach The ,John E. Fetzer Institute who had been in their new jobs from two weeks to two months. September 11 - DAG, The Plight of African-American and Hispanic Boys Sixty-two grantmakers came to hear Dr. Ronald B. Mincy, Professor of Social Policy and Social Work Practice at Columbia University speak about strategies to support a positive future for Black and Hispanic males. This meeting was moderated by Lisa Cylar Miller, The Skillman Foundation September 12 -Grand Angels Conversation: Leveraging Change for Michigan's Economy CMF cosponsored this morning seminar for twelve members and more than eighty members of the Grand Angels organization featuring a conversation w ith Professor Stephen Forrest, Vice President of Research at the University of Michigan. September 14- Family Foundation Tea with the Johnson Center at GVSU Trustees and staff from eight fami ly foundations joined author Carol Weisman in an afternoon tea hosted by the Johnson Center at Grand Valley State University. �President's Report October 2007 Page4 Communications www.michiganfoundations.org This summer and fall, work was completed on the new infom1ation architecture, site development and content development and domain for CMF' s new web site, www.michiganfoundations.org which will be soft-launched at the 35 111 annual conference in Dearborn. Under the leadership ofCMF's Director of Technology, Kathy Ginocchio, all content on the current web site has been analyzed and new conte nt needs defined and prepared for the soft launch. In addition, expanded functi onality is being delivered via the new web site- including online registration, online commerce, access to member profiles, and an expanded member directory of both organizations and individuals. The new domain should drive more visitors to the site and more clearly and directly communicate the membership CMF serves. Kathy also continued to provide leadership for the Forum Knowledge Management Initiative which is producing significant cost savings to CMF and other participating regional associations and vastly improved and integrated systems. Michigan Philanthropy Oral History Project (MPOHP) In late June, StoryCorps facilitators returned to Michigan to conduct the second set ofMPOHP recording sessions with youth grantmakers at the Youth Leadersh ip Conference and with family foundation trustees in Charlevoix - CMF Trustees Julie Cummings and Betsy Stover interviewed each other. Clips of select recordings will be broadcast the week of Oct. 29 through Nov . 2 during the 7 a.m. hour on stations WUOM 91.7 Ann Arbor/Detroit, WFUM-FM 91.1 Flint and WVGR 104.1 Grand Rapids. They include those of Russ Mawby, chaim1an emeritus, W.K. Kellogg Foundation with Kari Pardoe, former youth grantmaker; John Frey with daughter Ellie, The Frey Foundation; John Colina with daughter Jomie Goerge, Colina Foundation; and Kate!in Griffin with Breannah Alexander, youth grantmakers from community foundations serving Eaton County and Saginaw. Our thanks to the Fetzer Institute for their continued grant support for this Project. Becky Noricks, communications specialist, is managing this project. We look forward to playing a clip at the Annual Conference! Philanthropy 3D Project/Michigan Supported by a Forum planning grant, CMF, Indiana Grantmakers Alliance (IGA) and Donors Forum of Wisconsin (DFW) convened a facilitated design meeting in late August for the Philanthropy 3D Project. 3D is designed to improve understanding of and support for foundations among influential leaders in the public, private and non-profit sectors and among the press. 3D refers to the multi-dimensional value foundations bring to improv ing communities through leadership, innovation and collaborations. Project advisors attending the meeting included: Karen A ldridge-Eason, foundation liaison; Cynthia Bailie, director, Cleveland Field Office and Steven Lawrence, director of research, Foundation Center; Mary McDonald, director, Community Research Institute, GVSU; Mark Sedway, project manager, Philanthropy Awareness Initiative; and Marcia Sharp, principal, Millennium Communications Group. Vicki Rosenberg leads this effort for CMF. Partnerships July - WINGS-CF Advisory Committee Strategic Planning Retreat - London Donnell Mersereau participated in the WINGS-CF Advisory Committee Strategic Planning Retreat in London, UK. At the meeting Ms. Mersereau was honored for her nine years of service to WINGS-CF, beginning with the foundation of the global network and including her tenure as chair of the advisory committee. Donnell will continue service to WINGS-CF on the "Global Status Report Working Group." While in London, Donnell convened the WINGS Global Fund Grant Review Committee for review of the third round of global grants for community foundation development in World Bank client countries. �President's Report October 2007 Page 5 Au gust - Council on Foundations, Community Foundation Tech Convening - Chicago Donnell Mersereau, representing Midwest Community Foundations' Ventures, participated in the Council on Foundation's Community Foundation Leadership Team's Tech Convening in Chicago to strategize and make recommendations on the future research, development and investment in technology for the community foundation field. September 17-19, Council on Foundations 2007 Fall Conference for Community FoundationsSan Francisco Staff from CMF participated in several COF conference sessions on topics ranging from youth grantrnaking to global community foundation development. In addition, CMF hosted a breakfast for MCFV board members and their trustees, and an evening networking reception for Matt Regional Marketing representatives from the states of Iowa, S. Carolina, Michigan, Maryland, and Florida. Guests from Nebraska, Ohio and Indiana were invited to the reception to learn more about the importance of collective work with community foundations. While in San Francisco, Donnell attended the WINGS Global Fund for Community Foundations Management Committee meeting to discuss the sustainability and future of the Global Fund beyond World Bank funding. October - Transatlantic Community Foundation Network, Peer Exchange- Hamburg, Gennany Donnell participated in the TCFN Peer Exchange on Community Foundation/Corporate Partnerships in Hamburg Germany. Ms. Mersereau presented new research on US corporate philanthropy, not yet released by the Monitor Institute, a case study, and a poster session on community found ation/corporate partnerships in Michigan, and two CMF documents on business partnerships and matching gift programs. October 21-23 - Annual Conference - Partners We are excited to have the following partner organizations with us at the Annual Conference: AARP Alliance for Justice Attorney General's Office-Charitable Trust BoardSource Center for Nonprofit Management at Lawrence Technological University Citizens Research Council of Michigan Community Economic Development Association ofMichigan Emerging Practitioners in Philanthropy (EPIP) Foundation Center GrantCraft Grantmakers for Effective Organizations Grantmakers in Aging Johnson Center for Philanthropy at Grand Valley State University Michigan 2-1-1 Michigan Association for Evaluation Michigan Community Service Commission Michigan League for Human Services Michigan Nonprofit Association National Center for Family Ph ilanthropy Nonprofit Enterprise at Work Northern Initiatives Partnership for Learning Many of these organizations have been partners w ith CMF for years. A number are unfolding with new and stronger opportunities for partnership, for example CMF is partnering with Grantmakers for Effective Organizations (GEO) on the design and 2008 piloting of a Peer Learning Network on increasing foundation capacity in diversity and inclusion. I am especially excited about the close working relationship with the Johnson Center at Grand Valley State University and the involvement of their key staff at our Conference. � 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_2007_BB_2007-10-22_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2007-10-22 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 2007-10-22 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, 50702 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 2007-10-22 https://digitalcollections.library.gvsu.edu/files/original/8516f8602c0a93b82c84c9e9e91c3e25.pdf bedbeac425f1902e5915c222bda94296 PDF Text Text CMF Council of Michigan Foundations Serving grontmakers. Advancing giving. Board of Trustee Minutes May 22, 2007 Flint Institute of Arts The Meeting of the Board ofTrustees of the Council of Michigan Foundations (CMF) was held at the Flint Institute of Arts in Flint on Tuesday, May 22, 2007, pursuant to written notice duly given. Chairperson Diana R. Sieger called the meeting to order at I :00 p.m. Trustees and Officers present: Elizabeth (Libby) Cherin Melonie Colaianne John Colina Rob Collier David Egner Russell Gabier Allan Gilmour Olivia (Libby) Maynard Rachel Mraz Phil Peters David Sebastian Sterling Speirn Margaret (Peggy) Thompson Amanda Van Dusen Christian Velasquez Dan Wyant Lloyd Yeo Special Guests: Karen Aldridge-Eason, Office of the Foundation Liaison Tom Porter, Porter Family Foundation Jenee Velasquez, Herbert H. and Grace A. Dow Foundation Maureen Martin, University of Michigan Marvin Parnes, University of Michigan Stephen Forrest, University of Michigan Miguel Satut, W.K. Kellogg Foundation Doug Botanti Stewart, Max M. and Marjorie S. Fisher Foundation Kevin Walker, C.S. Mott Foundation WilliamS. White, C.S. Mott Foundation CMF Staff: Malcolm Campbell, Russell G. Mawby Intern Sue Cuddington, Executive Assistant Jeri Fischer, Director, Membership and Special Projects Mike Gallagher, Editorial Consultant Mike Goorhouse, Program Assistant for Youth Philanthropy Susan Howbert, Director, Family Philanthropy and SE Michigan Dave Lindberg, Vice President, Finance & Administration Donnell Mersereau, Director, Community Foundations Vicki Rosenberg, Vice President & COO Jaclyn Miel-Uken, Public Policy Fellow �Board o f Trustees Meeting Minutes- May 22, 2007 Page 2 Call to order and introductions Before self-introductions, Ms. Sieger welcomed: new Trustee Sterling Speirn, President & CEO of the W.K. Kellogg Foundation; Malcolm Campbell- the 2007 Russell G. Mawby Intern; and new Public Policy Fellow, Jaclyn Miel-Uken. Consent Agenda Chair Sieger presented the consent agenda. Upon motion duly made, supported and unanimously approved, it is RESOLVED that the following Consent Agenda items be approved: The Minutes of the March 14, 2007 Board Meeting The Minutes of the April 13 Executive Committee Meeting The Treasurer's Report for the Financials ending March 31, 2007, and The following grantmaker for membership: Grand Traverse Regional Community Foundation, Traverse City Urgent Request from the Governor- Government Performance Improvement Initiative Rob Collier referred to the additional handouts distributed that included a copy of Governor Granholm's request for help from the found ation community, and the recent articles in MIRS and the D etroit Free Press. Mr. Collier reviewed the draft Memorandum of Agreement as a response to the Governor's request for assistance. Three members have indicated a willingness to consider grants to CMF to support this effort based on the MOA. Karen Aldridge-Eason, Office of the Foundation Liaison (OFL), reported that the state does not have the capacity to implement the government reforms called for in January by the Joint Taskforce cochaired by Governors Milliken and Blanchard. She noted CMF's experience serving as fiscal agent for six state partnerships. CMF is protected in taking the role of fiduciary with Tom Clay of the Citizens Research Council and Pat Babcock consultant to the Kellogg Foundation agreeing to serve in an advisory role for CMF and the OFL. Several changes were recommended to the MOA with consensus to strengthen the bi-partisan role of this Government Performance Improvement Initiative. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the May 3, 2007 Minutes of the Executive Committee be accepted And RESOLVED further that the terms of the attached Draft Memorandum of Agreement with the State of Michigan be approved in concept subject to review by legal counsel. Treasurer's Report Phi l Peters, Audit Committee Chair and Dave Lindberg, Vice President, Finance and Administration, presented the Treasurer's Report. Mr. Lindberg highlighted the audit and noted the increase in grant �Board o f Trustees Meeting Minutes- May 22, 2007 Page 3 funds was due to two special projects- Access to Recreation Initiative and the Early Childhood Investment Corporation. He noted the last page of the report includes a clean opinion on our internal controls. Upon motion duly made, supported and unanimously approved, RESOLVED that the CMF & Supporting Organizations March 31, 2007 & 2006 Audit Report as recommended by the CMF Audit Committee be accepted. Investment Committee Dave Lindberg reviewed proposed changes to the Investment Policy Statement that include changes to the Committee Structure and Terms, Asset Allocation and rebalancing. Upon motion duly made, supported and unanimously approved, RESOLVED that the March 31, 2007, Investment Report and revised Investment Policy Statement be accepted, as recommended by the CMF Investment Committee. And Upon motion duly made, supported and unanimously approved, RESOLVED further, that CMF Trustee Rachel Mraz be appointed to the Investment Committee for a three-year term starting April1, 2007. Succession Policy Rob Collier presented the revised policy based on the Board's suggestions at the March 15, 2007 Meeting. Upon motion duly made, supported and unanimously approved, RESOLVED that a Succession Policy for permanently filling the position of President of the Council of Michigan Foundations include the following steps, recognizing that an absence of the President due to health reasons would be impacted by the short and long term disability policies of the organization. And RESOLVED further that should the current President of CMF be incapacitated in some way and unable to fulfill his responsibilities for a period of up to one year, the Vice President Finance and Administration, would be appointed as Interim President by the Chairperson and would work with the Executive Committee to assure a seamless transition and minimum disruption during the absence of the President. Government Relations Mr. Collier explained the two clarifications referred to in the Government Relations Report coming from the Probate and State Trusts Section of the State Bar on Michigan Senate Bills 392 and 393. �Board o f Trustees Meeting Minutes- May 22, 2007 Page 4 Upon motion duly made, supported and unanimously approved, RESOLVED that Senate Bills 392 & 393 on the Uniform Prudent Management of Institutional Funds Act (UPMIFA) be supported, provided that language is added indicating that the Act will have no impact on the variance power of community foundations and will have no effect on charitable trusts that are already covered by Michigan Probate Law. Mr. Collier updated the Board on two additional issues. Leadership of the State House of Representatives has agreed to move act on a bill introduced- HB 4377, the Michigan Estate Tax Act - as a strategy for balancing the Budget. On the federal level, CMF received a request from Senator Levin regarding our opinion on hedge funds and UBIT as it relates to tax exempt organizations. With the help ofCMF Investment Committee member, Ed Hunia, CMF was able to provide immediate feedback for the Senator and his Subcommittee. Public Policy Committee Public Policy Co-Chair Dave Egner presented the Public Policy report including a recommendation to support federal legislation on 2-1-1. He noted that while foundations and United Ways are supporting the launch of 2-1-1 in Michigan, a statewide system cannot be sustained without federal support. Upon motion duly made, supported and unanimously approved, RESOLVED that the Council of Michigan Foundations support 2-1-1 as an important resource for Michigan residents and therefore support federal legislation S. 211 and H.R. 211 that would provide federal funds to assist states in providing statewide coverage. Mr. Egner introduced the Michigan Nonprofit Association's position on the state budget crisis. The Board discussed and amended the resolution changing the word revenue to "resources". Upon motion duly made, supported and unanimously approved, RESOLVED that the Council of Michigan Foundation urges swift action to ensure sufficient state and federal revenue resources bases to avoid further budget reductions and to reinvest in arts and culture, pre-k- 12 education, private and public higher education, environment and natural resources, health and human services, and to support reasonable growth over time. Executive Session Chair Sieger excused the staff and special guests for a brief closed Executive Session with the Board to discuss the President' Performance Review. Annual Conference Report Two of the four plenary speakers have been confirmed including Sir Ken Robinson, an internationally recognized leader in the development of creativity, innovation and human resources (Sunday evening), and Henry Louis Gates, W. E. B. DuBois professor of the humanities and director of theW. E. B. DuBois Institute for African and African American Research at Harvard University (Monday luncheon). The CMF Board Meeting will be held during the site sessions on Monday from 2:30 - 5:30 p.m. CMF has secured $40,000 in sponsorships todate. �Board o f Trustees Meeting Minutes- May 22, 2007 Page 5 President's Report MCFV Chair Libby Cherin and Director of Community Foundations, Donnell Mersereau, highlighted MCFV activities including: moving from a statewide to a tri-state corporation; and the Access to Recreation initiative whose purpose is to improve recreation with an emphasis on universal accessibility and building awareness of accessibility. Ms. Mersereau also briefed the Board on the Transfer of Wealth Study funded by Kellogg Foundation. A county-by-county analysis is being conducted in Michigan, Ohio and Illinois. The Williams Group has been retained to develop a tool kit to help community foundations use the data as part of their fund development efforts. Susan Howbert, Director of Family Philanthropy, reported on the 9th Annual Family Foundation Retreat scheduled June 15 - 17 at the Crystal Mountain Resort. Featured speakers are Doug Baurer, Vice President with Rockefeller Philanthropy Advisors, Ken Gladish, the new Director of the Grantmaking School at the Dorothy A. Johnson Center for Philanthropy and Nonprofit Leadership at Grand Valley State University, and Elizabeth Goodenough, children's studies scholar. Jeri Fischer, Director, Membership & Special Projects, announced that Mawby Award w inner Ted Braun and the Community Foundation Philanthropy Award winner Molly Dobson will be recognized at the June 20th Governor Service Awards at the Fox Theatre. Mr. Collier announced that a merger between the Connect Michigan Alliance and Michigan Nonprofit Association (MNA) will be effective July 1, 2007. Sam Singh is retiring and Kyle Caldwell has been appointed by the MNA Board as Director of the merged entity. Mr. Collier acknowledged trustee Amanda VanDusen's assistance in hosting two conference calls with members discussing the impact of Proposal II. Michigan's Economy Presentation Chair Sieger welcomed special guests from the University of Michigan: Stephen Forrest, Vice President of Research and Development; Maureen Martin, Director Foundation Relations; and Marvin Parnes, Associate Vice President for Research. Also joining the meeting were Affinity Group Members from the Funders Concerned about Michigan's Economy including: Bill White of the C. S. Mott Foundation; Miguel Satut of the W .K. Kellogg Foundation; Jenee Velasquez of the Herbert H. and Grace A. Dow Foundation; Kevin Walker of the C. S. Mott Foundation; Doug Bitonti Stewart of the Max M. and Marjorie S. Fisher Foundation; and Tom Porter of the Porter Family Foundation. Dr. Stephen Forrest presented "The Michigan Fund for Innovation and Entrepreneurship" (PowerPoint attached). Adjournment There being no further business to come before the Board, Chair Sieger adjourned the meeting at 4:40p.m. Diana R. Sieger, Chair Robert S. Collier, President S:\Boards and Committees\CMF\Board\2007-08\ 10.22.07 Meeting Materials\Draft Minutes 5.22.07.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_2007_BB_2007-10-22_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2007-10-22 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 2007-10-22 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, 50703 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 2007-10-22 https://digitalcollections.library.gvsu.edu/files/original/49be6ef5980498c43b283c26506691ed.pdf 0c20068339202c7aee90667e24128f49 PDF Text Text eMF Council of M ichigan Foundations Serving grantmakers. Advancing giving. October 12, 2007 To: Diana Sieger, Chairperson and Members of the Board of Trustees From: Susan Broman, David Egner, Carol Goss, Public Policy Committee Co-Chairs Vicki Rosenberg, Vice President, and Jaclyn M iel-Uken, Public Policy Fellow Re: Public Policy Committee Report Since the May 22 Board meeting, CMF public policy affinity groups hosted four events, CMF published numerous policy-related articles and the CMF Public Policy Committee convened. 2007 Summer Events • Michigan Grantmakers for Women & Girls Annual Meeting (May 23) • Land Use Funders Meeting (Aug. 6) • Inaugural Convening of the CMF Arts Affinity Group (Aug. 16) • Funders on Michigan's Economy Regional Economic Development Calls (Aug. 30, Sep. 5) June-October 2007 Public Policy Communications As listed in the attached, CMF published nine policy-related News Wire articles, three policy-related articles in the summer Memo to Members and shared 20 public policy resources via monthly E-News. The Committee met on September 26, 2007. Key discussions: • The While House Project: Since May 2007, the Kellogg , James A. and Faith Knight and Nokomis foundations have worked to bring The White House Project's Go, Run, Lead™ initiative to M ichigan for three years starting 2008. The Committee agreed unanimously to support member education on women in underrepresented fields and leadership roles. • Briefing Topic Selection Procedure: The Committee agreed that the Foundation Liaison is uniquely positioned to identify timely public policy briefing needs. Therefore, the Foundation Liaison will propose future briefing topics; the Committee will continue involvement in briefing planning, marketing and hosting. Fall 2007-Spring 2008 Events The following events are p lanned: • EngAGEment Initiative Briefing on Aging in the U.P. (Oct. 30) • Arts Affinity Group Meeting (Nov. 6) • K-16 Education Briefing co-hosted with K-16 Education Funders (late Nov.) • Food Systems Briefing with new MDA Director Donald Koivisto & Fair Food Foundation (Jan./Feb.) • Land Use Summit co-hosted with the MSU Land Policy Institute (Feb. 11 ) • Economic Development Summit co-hosted with Funders on Michigan 's Economy (Feb./Mar.) • Alternative Energy Briefing (may be combined with the Summit above) • EngAGEment Initiative Briefing in Southeast Michigan (Feb./Mar.) • Urban Agenda Briefing co-hosted with Neighborhood Funders Group (late spring) • EngAGEment Initiative Briefing in Flint (TBD) • Health and Human Services Briefing with new DHS D irector Ishmael Ahmed (TBD) • State and Local Structural Reform of Government (TBD) �Public Policy Report October 2007 Page 2 Attachment: P ublic Policy Communications CMF News Wire • I 0/5/07 Congressional Philanthropy Caucus Sets IRA Charitable Rollover Discussion As Top Priority • 9/ 19/07 Improving Lives of African-American & Hispanic Males Requires Foundation Role, Says National Expert • 9/ 19/07 University of Michigan Researcher Calls Foundations "Vital Players" In Efforts To Reverse Michigan's Economic Decline • 9/14/07 IRA Charitable Rollover Giving Tops $ 100 Million, New National Survey Shows • 9/6/07 New Census Data Shows Michigan With One Of The Fastest Rising Poverty Rates In Nation • 7/26/07 Congress ional Subcommittee Learns about Governance and Accountability Practices of Charitable Sector Report Finds OFL A Success In Bringing Together State & Foundations To Benefit Society • 7/2/07 • 6/14/07 New IRS Report Helps Foundat ions & Other Nonprofits Deal With Political Advocacy Rules &Regs Empowering Women To Seek Elected Office Can Result In Positive Change, Says Feminist • 6/8/07 Leader Memo to Members (Summer 2007) T ransforming Michigan' s Economy Focus of Several CMF Annual Conference Sessions CMF Leads Successful Effort to Retain Michigan Community Foundation Tax Credit for Bus iness Community Foundation Tax Credit-Still an Important Giving Tool for Individuals and Families £-News September 2007 • Labor Day Report: Many Workers Lag Behind in New Economy Community Colleges Aid Workforce Development Place Matters: Employers, Low-Income Workers and Regional Economic Development • Boomers Are Ready for Nonprofits, But Are Nonprofits Ready fo r T hem? • Community Wind Financing Summary of the Miller-McKeon NCLB Reauthorization Discussion Draft • SCHIP Reauthorization: How Will Low-Income Kids Benefit under House and Senate Bills? August 2007 • Effects of a School-Based, Early Childhood Intervention on Adult Health and Well-being: A 19-Year Follow-up of Low-Income Families • Race-Conscious Policies for Assigning Students to Schools: Social Science Research and Supreme Court Cases • A Briefing on Trends in Phi lanthropy and the Arts July 2007 • Enriching Children, Enriching the Nation: Public Investment in High-Quality Prekindergatten • Michigan's Economic Transition: Towards a Knowledge Economy • Michigan at a Climate Crossroads: Strategies for Guiding the State in a Carbon-Constrained World • Legis lative Term Limits and Full- and Part-Time Legislatures • State Children's Health Insurance Program Reauthorization June 2007 The Working Poor Families Project Launches New Web Site Survey of Economic Development Programs in Michigan • State Early Childhood Policies: Improving the Odds State of the Great Lakes, 2007 Highlights The Maturing of America: Getting Communities on Track for an Aging Population � 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_2007_BB_2007-10-22_Public-Policy Title A name given to the resource Council of Michigan Foundations 2007-10-22 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 2007-10-22 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, 50704 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 2007-10-22 https://digitalcollections.library.gvsu.edu/files/original/2f96d89129f8c1292a32772689d7642d.pdf d17622ff9717fb1b3de46da00c012a76 PDF Text Text Council of Michigan Foundations AUDIT COMMITTEE CHARTER Revised 12-11-06 1. INTRODUCTION AND PURPOSE The Council of Michigan Foundations (CMF) is a membership organization of foundations and corporate giving programs with a mission to strengthen, promote 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 Committee. The primary function of the Audit 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 Committee's primary duties and responsibilities are to: 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 perfonnance of the CMF's independent auditors. The Audit Committee will fulfill these responsibilities primarily by carrying out the activities specified in Section IV ofthis Charter. The Audit 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 Committee. The Audit Committee shall have the authority to retain, without prior pennission 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 detem1ined by the Audit 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 12- ll-06.doc �II. COMPOSITION The members of the Audit Committee shall be elected by the Board and shall serve for a period of time not to exceed their maximum tenn as trustee ofCMF or its supporting organizations. At a minimum the committee shall consist of four members - one trustee from both Midwest Community Foundations' Ventures and the Michigan AIDS Fund and hvo from the Council of Michigan Foundations. A. Independence The Audit 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 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 Committee. III. MEETINGS The Audit 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 Committee members currently holding office constitutes a quorum for the transaction of a business. The Audit 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 Committee shall undertake the following responsibilities and duties. A. Retain and terminate, if necessary, CMF's independent auditors and pre-approve all audit and non-audit services. S:\Boards and Committees\CMF\Audit\Charter 12- ll-06.doc 2 �B. Obtain and review the peer review performed every three years on the independent aud itor describing the firm'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 management. 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 regarding the quality, and not just the acceptability, of CMF'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 management's response. H. Report to the Board of Trustees at each Board meeting. I. Review the significant findings from supervisory examination reports of state and federal agencies and the corrective action taken by management to such reports, as applicable. J. Qualification While the Audit Committee has the responsibilities and powers set forth in this Charter, it is not the duty or responsibility of the Audit 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 ofCMF's management and the independent auditor. While it is not the responsibility of the Audit 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 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 relevant financial information to the Board members on a timely basis. S:\Boards and Committees\CMF\Audit\Charter 12- ll-06.doc 3 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Audit-Committee-Charter Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book audit committee charter Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book audit committee charter. 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, 50708 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/77f0ce2e52b4cad05ab4493855f0fbc3.pdf f4c4e172453723ce0ebd1f72691342cf PDF Text Text February 4, 2008 Memo to: CMF Board of Trustees Susan Broman Caroline Chambers Elizabeth (Libby) Cherin Melonie Colaianne John Colina Tom Cook David Egner Rev. Louis Felton Russell Gabier Allan Gilmour Carol Goss Wesley Maurer, Jr. Russell Mawby Rachel Mraz Carol Paine-McGovern David Page Phillip Peters Tom Porter David Sebastian Gerald Smith Sterling Speirn Margaret (Peggy) Thompson Betsy Upton Stover Amanda Van Dusen Christian Velasquez Dan Wyant Lloyd Yeo cc: David Lindberg Vice President Finance & Administration From: Diana R. Sieger, Chairperson Robert S. Collier, President Re: February 12, 2008 Board Meeting Lansing Community College (directions enclosed) MTEC Building 10:00 a.m.-2:00p.m. Materials for next week's Board of Trustees meeting are enclosed. Please note in the front pocket is a Conflict of Interest form we need completed annually. Please send your form to Sue Cuddington via fax 616.842.1760 or bring it along to the meeting. Thank you for your support. We look forward to seeing you next week! If you will be unable to attend or have any questions about these materials please email Rob at rcollier@michiganfoundations.org. �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. Board of T r ustees Meeting Tuesd ay, Februa ry 24, 2009 10:00 a.m. - 2:00 p.m. with a WORKING LUNCH University Club ofMSU (directions in front pocket) 3435 Forest Road Lansing, MI 48909 517.353.5111 AGENDA I. Tab Call to Order/Introductions Melonie Colaianne, Chair ACTION ITEMS II. Consent Agenda Approval of Minutes of October 13,2008 Board Meeting and Minutes of the February 9, 2009 Executive Committee Meeting Treasurer's Report Investment Committee Membership Committee 1 III. 2009-10 Plan of Work Rob Collier & Vicki Rosenberg 2 IV. 2009-1 0 Budget Phil Peters & Dave Lindberg 3 V. Proposed Amendment to Bylaws Rob Collier & Dave Lindberg 4 VI. Other �Board Meeting Agenda February 12, 2008 Page 2 REPORTS VII. President's Report X. SPECIAL DISCUSSION XI. Executive Session XII. Adjournment Next Meeting Dates: Board of Trustees Meeting Date: Thursday, June 4, 2009 Time: ? Location: Detroit Area 3i11 Annual Conference in Dearborn November? 2009 Date: Location : � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book board agenda Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 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, 50709 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/5dea3d6e3d92cbb8230158bf5a1037f2.pdf efaa7fb9cafc63c20a8cbb66927a561c PDF Text Text CMF Council of Michigan Founcfations Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Robert Collier David Lindberg RE: CMF 2008-09 Proposed Budget The following Resolution is presented fo r your consideration and approval. RESOLVED, that the 2008-09 CMF Core Services and Endowment Funds Budgets, as recommended by the Audits and Executive Committees, be approved. CMF Core Member Services Revenue Note 1: Membership Investment Based on payments received through I2-3I-07 it appears membership will total $971,000 for 2007-08, which is the fourth year of the current dues structure. Revenue is budgeted to increase in the new fiscal year due to the following items: Increase in members' asset levels Net new members II @ $900 each Total 25,000 IO,OOO $35,000 Note 2: Additional Member Contributions The major share of this category continues to be the $150,000 contribution from Kellogg, a five year $150,000/yr grant that expires at the end of2009-10. Note 3: Other Grants In November 2005 CMF received a 3-year $25,000/yr grant from The Skillman Foundation to support the occupancy cost for the Southeast Michigan office. 2008-09 represents the final year of this grant. �Note 4: Conference & Meetings As of 12-31-07 the October 2007 Annual Conference in Dearborn, will generate a surplus of$80,000-$85,000, which is down from the $139,000 surplus generated by the Kalamazoo October 2006 Annual Conference. The primary reason for the decrease is due to the increased food and A V costs in Dearborn that were approximately 50% higher than Kalamazoo. The October 2008 Annual Conference has been budgeted to generate a surplus of $ 123,000. The increase from the prior year is due to the following meetings: Being an Effective Board Chair Building Your Advocacy Eye Q Four Connecting Point Philanthropy Round Tables Storytelling iSchool Family Foundation Retreat - Mackinac Island increased costs and registration fees $4,500 3,900 3,400 2,600 4,800 6,400 26,000 Note 5: Publications Income The fall of2008 would nonnally be the time for publishing the next edition (161h) of the Michigan Foundation Directory. After looking at the current inventory as of 12-31-07 (600 from the originall,35~ produced) stan-recommends the next edition (l61h) be produced in late spring or early summer 2009. This delay should allow the current edition to be sold at full price longer than originally anticipated thus increasing the total profit. By delaying the next release date, it may create more interest for the next edition. Note 6: Investment Earnings 2008-09 is the first year that spendable income is available from the Core Services Endowment Fund. The earnings from operating funds are anticipated to decrease slightly due to the anticipated reduction in special projects. �Expenses Note 7: Wages & Benefits A 4% overall wage increase has been budgeted for 2008-09. The increase from 2007-08 is due to the following: 4% Wage Increase (includes FICA and retirement) 13% Health Insurance Increase Reduction in admin for special projects Foundation Liaison, project ends 9-30-08 ECIC not budgeted 08-09 Director of Corporate Services hired late 07-08 Increase staff allocations to CF Endow and MCFV Dir of Tech. & VP of Finance 07-08 staff reductions that did not take place until July 2007 Staff allocations to Philanthropy 3D and Diversity Projects new 08-09 $36,000 8,500 4,000 10,000 44,000 (26,500) (30,000) (35,000) Note 8: Technology Additional costs for 2008-09: Replace 1/3 of desktops Blog software Mass Email software 5,000 2,000 2,400 Note 9: Communications/Publications The reduction from the prior year is due to completion ofthe work of the media relations consultant hired in 07-08 to make recommendations on how to expand media relations at CMF. Note 10: Professional & Contracted Services The decrease from the prior year is due to the completion ofthe work of Sandy Ulsh in 07-08, who conducted interviews with corporate members about services they would like from CMF. Expenses for 2008-09 Newsclip service Lobbying/Advocacy - Michigan - Public Affairs Assoc. Legal - Clark Hill Audit Fees Mise $4,500 18,000 11 ,000 4,500 2,000 �This is the last year of the contract with Rehmann Robson for Audit Services. Thus Audit costs in 2009-10 are expected to increase. Note 11: Travel The increase from the prior year is due to estimated travel costs for the new Director of Corporate Services position. �Endowment Funds Spendable income is budgeted based on a 5% twenty-quarter rolling average spending policy. William W. Allen Fund The purpose of this fund is to further the understanding of private philanthropy in federal and state legislative and regulatory matters. The fund was established with contributions from CMF members in honor of William Allen, who was the first CMF Government Relations Committee Chairman. Budgeted Expenses: Foundations on the Hill expenses- March 2009 CMF staff travel Registrations Fees for CMF Members Misc. expenses A members' dinner has not been budgeted for March 2009. $3,700 3,400 500 �Russell G. Mawby Fund to Improve and Increase Philanthropy The fund was established to honor Dr. Mawby's contributions to Michigan philanthropy. The purpose of this fund is to improve and increase philanthropy by continuing and expanding CMF's efforts to enhance philanthropy and expand charitable resources available in the State of Michigan. Budgeted Expenses: Dues & Sponsorship: NCFP Online Governor's Service Awards - Mawby Award Video Michigan Women's Foundation Award Dinner MNA Nonprofit Day W. Michigan Chapter National Philanthropy Day MNA SuperConference Mise Communications/Publications Establishing a Charitable Foundation Establishing & Administering a Scholarship Program Corporate Giving/Matching Gift Program Partial Support for State of Michigan Giving publication Professional Partial support for Cambridge Associates Excise Tax and Payout Study (Mott grant) Travel Award winners dinner at Governor' s Service Award Event Meetings Regional Members Reception Grants Partial Support for Oral History Project (Fetzer grant) Support new Johnson Center Family Philanthropy programming 3,600 2,500 1,500 500 500 1,000 1,000 3,600 5,400 5,400 9,700 5,000 1,300 4,000 10,000 18,000 �Ruth & Russ Mawby Fund for Kids This fund was establ ished in December 1995, w ith a $500,000 directed contribution from theW. K. Kellogg Foundation, by Ruth and Russ Mawby. The purpose of this fund is to improve and increase philanthropy through youth involvement in the State of Michigan. Budgeted Expenses: Summer Intern Wages & Benefits Mise Professional Youth Program Associate travel & training Summer Youth Conference (Revenue $19,000) YAC Regional Calls YAC Advisor Training Calls MCFYP Committee Monthly Calls Emerging Practitioners in Philanthropy (EPIP) 7,000 4,000 7,300 40,000 500 500 300 500 Dorothy A. Johnson Educational Fund The Dorothy A. Johnson Endowment Fund was established in 1999 to honor the work of our founding President. The purpose of this fund is to support speaker expenses at the Annual Conference and promote the principles and practices of effective grantmaking. Budgeted Expenses: I CMF Annual Conference support $49,ooo I Community Foundation Endowment Fund The purpose of this fund is to support CMF's technical assistance to community foundations in Michigan. See separate memo on detailed line items. MCFYP Endowment This fund was establ ished from the surplus challenge grant dollars that remained at the end ofthe community foundation youth challenge grants. The purpose of this fund is to support the ongoing technical assistance and training needs of the 86 community foundation Youth Advisory Committees (YACs) in Michigan. Budgeted Expenses: Youth Program Associate MCFYP Committee meetings �Margaret Ann (Ranny) Riecker Leadership Fund This fund was established in September 2002 to honor the leadership Ms. Riecker provided in her 26 years as trustee and two terms as Chair ofCMF. The purpose of this fund is to recognize innovative leadership that increases, enhances and improves philanthropy in the state of Michigan. Budgeted Expenses: Public Policy Fellow salary & travel ($22,000 also from Richardson Fund) Fellow travel & seminars Public Policy Committee meetings Public Policy Affinity Groups - 9 meetings Public Policy Briefings - 4 meetings (revenue $4,900) Mise (revenue $1 ,200) $39,000 9,400 1,900 4,500 5,900 1,400 Community Foundation Technology Fund In February 2003, the CMF Board of Trustees established this fund from the accumulated interest earnings and repaid loans of the Kellogg Computer Grant. The purpose of this fund is to support the on going technology needs of Michigan community foundations. Budgeted Expenses: FIMS Support- Consultant - Bill Nethercut Website hosting, design etc. Mise $6,000 8,000 10,000 William C. Richardson Endowment Fund In October 2005 the CMF Board of Trustees approved the establishment of this endowment fund from a $400,000 designated gift from the W .K. Kellogg Foundation by Dr. Richardson. The purpose of this fund is to support the ongoing involvement in an intern/fellowship role at CMF by students from Michigan colleges or universities who are interested in careers involving the nonprofit sector and public policy. Budgeted Expenses: I Public Policy Fellow wages & benefits $22,ooo I �Carl F. Reitz Fund for Investment Education On December 19, 2005, the CMF Executive Committee approved the establishment of this fund from a $25,000 gift from the Besser Foundation and a matching $25,000 transfer from CMF's Core Fund balance. The purpose ofthis fund is to honor Mr. Reitz's long time service to CMF as a trustee and the interest he has in investment education for foundation staff and trustees. Budgeted Expenses: Support Investment Session Annual Conference $2,600 CMF Core Services Endowment Fund In March 2007, the CMF Board approved the establishment of an endowment fund to support ongoing member services using $600,000 from the surplus dollars that have accumulated over the years. 2008-09 is the first year that income is available for spending. �S:\Boards and Committees\CMF\Board\2007-0812.12.08 Meeting Materials\Core 2008-2012 �Council of Michigan Foundations Endowment Funds Budget 2008-09 Allen Revenues Spendable Income Endowment Fund Member Contributions Additional Member Contributions Other Grants Conference Income Publications Other Income Investment Income Total Revenues $8,600 Mawby $73.000 M awby Kids $42.000 Community Educational Foundation Endowm ent Fund $49,000 8,600 73.000 61.000 $57,000 3,500 11,000 19.000 Program Expenses Wages & Benef1ts Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance $358,000 M CFYP Endowment 49,000 7.000 400 Rlecker l e ade rship $56,000 Communi ty Foundation Tech Fund Ric hardson Endowment Core $24 ,000 $22.000 Reitz Endowm ent $2,600 Services Endow ment $30,000 3,500 36,100 6,100 372,500 57,000 62.100 240,000 54,000 39,000 Total $722,200 24,000 22,000 2,600 30,000 22,000 761 ,800 362,000 1,500 1,500 200 700 1,100 200 equipment & rurniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional & Contracted Services Travel Training & Seminars Conference & Meeting Overhead Total Program 3,000 10,600 500 11,000 14,100 8,000 3,000 500 1,000 24 .100 5,000 1,300 7,600 4.000 4,000 6,300 1,000 41 ,800 8,600 45,000 61 .000 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 500 26,600 2,500 59,100 14,000 6,000 75,100 31,000 4,000 95,100 9,400 3,000 25,000 3,000 13,700 352,500 57,000 62,100 14,000 22,000 622,200 20,000 20,000 10,000 28,000 28,000 49,000 49,000 20,000 1,271,462 9,594,491 10,000 2,600 2,600 30,000 10,000 109,600 139,600 30,000 Excess Revenues Over Expenditures Beginning Fund Balance Activity En ding Fund B alance 221,185 1,932.067 1, 117,974 {42,000} j8,600! F 3 .000} $2 12,585 $1,859 ,067 $1 ,075,974 S:\Finance\Budget s\08-09\Endowment Funds 08-09 !49,000! j35S.OOO! $ 1,222,462 $9,236,491 1,525, 116 {57,000! $1 ,468, 116 1,513,821 613,361 495,664 54,359 650,000 18.989,500 j56,000! $1,457.821 {24,0001 $589,361 122,0001 $473,664 j2,600! $51,759 j30,000! $620,000 j722,2001 18,267,300 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Budget Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book budget Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book budget. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50710 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/8802a0432ef21dc2e33f774c50d84177.pdf 86f92aebc79e6d0dce7280c270a07c44 PDF Text Text CMF Council of M ichigan Fou ncfat ions Serving grantmakers. Advancing giving. February 11, 2008 Memo to: Members of the Board ofTrustees From: Diana Sieger, Chairperson, and Members of the Executive Committee Re: Proposed Amendment to the Bylaws The Executive Committee has reviewed the following Resolution and recommends the proposed Amendment to the Bylaws making the Audit Committee a Standing Committee. RESOLVED that Article V of the Bylaws be amended to redesignate Section 4. Other Committees as Section 6 of Article V and that a new Section 4 be added to read in its entirety as follows: Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, ea ch of whom shall have been affirmatively determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation' s financial reporting and public disclosure activities as described in the Audit Committee Charter as adopted by the Board and amended from time to time. The Audit Committee charter was last reviewed in February 2007 and is attached to this resolution. Background Lloyd Yeo, a member of the Audit Committee and CMF Trustee, has recommended that the CMF Board consider making the Audit Committee a standing committee in the Bylaws. Mr. Yeo feels it is appropriate to take this step with the increased pressure from Congress, the IRS and the public on accountability and stewardship by both the business and nonprofit sectors that started with the passing of the Sarbanes Oxley Act. Attached is Article V. Committees from the Bylaws that specifies the Executive, Governance, Supporting Organization and M ichigan Community Foundation Youth Project as the four permanent standing committees of CMF. Also attached is the Board approved Charter for the Audit Committee. Main Office: One South Harbor Avenue, Suite 3, Grand Haven, Ml 49417 p 616.842.7080 f 616.842.1760 info@michiganfoundations.o rg Southeast Michigan Office: I 00 Talon Centre D r., Suite 150, Detroit, l'vU 48207 p 313.566.2444 £313.566.2445 www.michiganfoundations.org 5554382.1 00856/035942 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Bylaws-Amendment Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book bylaws amendment Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book bylaws amendment. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50711 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/dfad1f25cedae0a12027ee68f89890ad.pdf b10a3135e8d680e227748fc1d3f68a2d PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: David Lindberg Rob Collier RE: Community Foundation Endowment Funds as reviewed by the Audit and Executive Committees Community Foundation Endowment Fund Note 1: Spendable Income The increase from 2007-08 is due to the accumulated surplus (primarily investment income) that was moved from the WKKF III grant in late 2005 into this fund and the rebound of the stock market over the last several years. Note 2: Other Grants The C.S. Mott Foundation has made a $6,500 grant for travel outside of Michigan to support community foundation activities that are not directly related to CMF member foundations. This travel includes international community foundation and national work that supports the field in general. Note 3: Conference Income & Expenses The CEO Retreat will be held in Ohio in February 2009 and therefore all revenue and expenses will run through the Ohio Grantmakers Forum. Meeting Program Officers' Retreat CMF Annual Conf. CF meet CF Committee Mise Revenue $11,000 0 Expenses $13,000 9,000 2,500 500 �Note 4 : Other Income This line item represents the fee CMF receives to manage the KYIP project that sits under MCFV. Rather than using these fees to support the ongoing activities of the Community Foundation Endowment Fund the yearly amounts are being rolled into the corpus of this fund. Because this amount is not being used to fund the annual operations nothing was budgeted for 2008-09, even though the KYIP project w ill continue into 2009. Note 5: W ages & Benefits $ 10,000 of the increase from the prior year is due to the allocation of 10% of the Directory of Technology's time to community foundation work starting 4-1-08 as we work to bring all community foundation websites in house. The remaining increase is due to the budgeted adjustments in wages and benefits for 2008-09. The following staff wages are charged to this endowment fund. CF Endowment Director CF Services Program Associate VP of Finance President Information Services Director of Technology 70% 70% 25% 20% 20% 10% MCFV CMF 30% 30% 5% 0% 0% 10% Note 6: Dues & Sponsorship $2,500 of this line item represents the sponsorship of the video produced for the Community Foundation Award for Philanthropy for the Governor's Service Awards event. Note 7: Professional Services Line Item Public Affairs Assoc. CEO Mentoring Legal Williams- Annual Conference Mise Total Projected 2007-08 $6,000 12,000 11,000 5,000 $34,000 Budget 2008-09 $6,000 12,000 11,000 5,000 45,100 $79,100 70% 80% 80% 80% �Note 8: Travel & Seminar Fees Director CF Services Program Associate VP of Finance President $11,000 2,000 2,000 2,000 Note 9: Mini-Grants $20,000 in subsidies has been set aside for the CEO and CMF Annual Conference. This money is available due to the staff time being charge to MCFV. The Community Foundations Committee is being consulted on whether this is a one time opportunity or can be continued into future years. Community Foundation Technology Fund Technology $8,000 has been set aside for possible upgrades to the various community foundation websites held at CMF. Professional & Contracted Services This line item covers the fees from Bill Nethercut to provide support to FIMS sites based on the following criteria. • • Community foundations with assets under $ 15 million will receive up to 15 hours of annual support paid by the endowment fund. Additional support can be contracted by the individual foundation at Bill's nonnal hourly rate. Community foundations with assets between $15 and $100 million are eligible to receive Bill's support in the event they lose their key FIMS operator. The amount of support will be determined on a case-by-case basis. Computers Grants In 2007-08 a grant will be made to the Community Foundation for the Upper Peninsula (CFUP) to help match CFUP funds for technology replacement costs for the FIMS hub which processes the financial information for several community foundations including three in the Lower Peninsula. A similar amount has been set aside for unknown support for other technology related activities. �Ruth & Russ Mawby Fund For Kids Meeting Revenue & Expenses The following meetings are budgeted for 2008-09. Meeting: Summer Conference YAC Regionals YAC Advisor Trainings MCFYP Committee EPIP (Emerging Practitioners in Philanthropy) Revenue $ 19,000 Expenses $40,000 500 500 300 500 Wages & Benefits This line item covers the cost for the Mawby Summer Intern. Professional & Contracted $4,000 has been set aside for misc. projects. MCFYP Endowment Fund Conference Income The June 2007 Summer Youth Conference was run through the MCFYP Endowment Fund. For 2008 it will be subsidized by the Ruth & Russ Mawby Fund for Kids. Wages & Benefits This fund will be used to support the Youth Program Associate for 2008-09. Conference & Meeting Expenses The MCFYP Committee Meeting expenses will be covered by this fund in 2008-09. �Cou n cil of Michigan Found ations Community Foundat io n Endowment Fund Budget 2008.09 12 Month Projected ~ Revenue s Spendable Income Endowment Funds Member Contributions Additional Member Contributions Other G rants Conlerence Income Publications O ther Income Investment Income Total Revenues Program Expen ses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional & Contracted Services Travel Training & Seminars Conference & Meeting Overhead Total Program Grants Challenge Grants Mini-Grants Computer G rants O ther Grants Total Grants $330.400 Budget 2008·09 Acct I 358,000 Note 1 Note 2 Note 3 A~r-oa Mar:·08 Jun-D8 Jui-D8 Aulil-oa Se~-o8 Oct-DB Nov·08 a Dec-o Jan-D9 Feb-D9 Mar-09 Total 3 ,000 3,500 28,100 11,000 30,000 950.000 1,341,500 372,500 200.000 240,000 132-5010 20.000 20.000 20.000 20.000 20,000 20.000 20.000 20.000 20.000 20,000 20.000 20,000 240.000 1,500 1,500 132-5400 100 100 200 100 100 100 200 200 100 100 100 100 1,500 200 700 200 700 132·5800 132·6000 100 200 100 100 100 100 3 ,000 3 ,000 500 2 .500 34,000 3,000 3,000 500 2,500 132·6600 132-6810 132-7200 132-7400 132-7510 132-8010 500 500 100 600 4,500 1,000 500 500 100 500 500 100 500 500 100 600 9,000 1,000 500 500 100 500 500 4 ,600 1,000 4,500 1,000 9,000 500 100 59,100 14,000 3 ,500 3,000 33,200 25,000 294,100 352,500 20,000 Excess Revenues Over Expenditures 1,047.400 Beginning Fund Balance Transfer to Spendable Income Activity Ending Fund Balance 8,877.491 (330.400) 1,047.400 ~ 20,000 9.594,491 (358,000) 0 $9.236,491 Net expenses ~I 338,000 1 Available for spending ~ I hsa,ooo 1 S:\Finance\Budgets\08-09\Endowment Funds 08-09 11,000 11,000 Note 4 12.000 ---0- 3 ,500 3,500 t32..4320 14,500 Note 5 Note 6 Note 7 Note 8 Note 8 Note 3 132-8101 100 100 100 600 4,600 4,500 4,600 1,000 1,000 1,000 1,200 1,100 100 400 400 4,500 1,000 100 4,600 3,000 400 400 200 700 3 ,000 3 ,000 500 2 .500 700 4,600 1,000 300 400 4,500 1,000 4,600 1,000 59,100 14.000 100 13,400 25.000 3 ,000 352.500 Note 9 132-9010 �Council of Michigan Foundations Ruth & Russ Mawby Fund For Kids Budg• t2001.09 ·---- ---c----... s . . - - £ - . r. - -~- -~- ,~- ,. w. -a -to -~ ,_-~ ~l- · ~ =.. EqUponro&r......... 0... &~ =.!...s:=---.... ,,_ ;::) - I C . . . .""'"<! S.W. =--•-...g r •....,a s - . ·.. ·-~ ,,,«10 ·~ :M,1t1 ~ ----. ........,.,_-.....e. ... 1.00-(nl i:i:) (,U~) ~ ~ T-oo~......._ r:....,.,___ ~ - ·- -woo-,~.1002007r.. $10,..200fl 0 •::::: ----.:oo.u.•~2 = ~ U ofl o i M•c~•- VM:.R........ YM:......_T~ !iOO loiCfYP..........,c* :100 EPII>Cfo-r~Pr..-.;.,~l �Council of Michigan Foundations MCFYP Endowment Fund Budget 2008.09 Ufllo~lh ~~:: . e~-· . .........""'. "c.........-.-.. .,......._lrlco"'• fOUl A - 1:)(1,000 2QU25 SI.OOO w.,.., ........ ~ •ot••.. h puou == [ q v - l l. .M&hl............. F'ot!Oi• Ul.r.&OQ Ill~ ==~::.. ·-~=::::~~;:.. ....... [qv-lll'~tft- •n.n•o IU·1200 c-"'"""'-""'~...,_....,, F'rolo-lCon...,.IOds...w::.. r,__,.., s-o..... ~:.= Gt•~ •• .. .. .. T-1'.......- ~=lfc, ~=:.a.: 5 1,:144 .51,000 . . E..:. . . R.....,... . O_E~ilw<M lotl~"irtt hR<I Io._ot~o M..., franot.r ii>S . , . . . O - f "dlot tf~ ft<l lalo"u r crv,hd••....... U25,U5 .~~~~ ~ 'r':t;';," ::::~=t~~ 1525,118 (11.00:1 ~ :~~'.;~ ~ :: ·-· Duoo&$f>On-OI · - · & S..bK,._O CO!fl.,unio:...,.,._~blic•-• ...., ~~~---..~ ·~ h-tY<><AIICo"l ~:~::=:: t.fCI'YF' COnll, _ t... t.ICfYPCotll"'_ "'......., TOiaiExp•n..o '" ~ 49128 "~ hiR"'I-· l(lt ......,ldowbyMdo .. tuppD,.,Su.,...• l - :.':.."'.:L-.n. ::.~~ c:E!El .. ~:~~~~~;~~~·~~~··~·~~··~~~~~·~ ··~··~··~··~·~·~"·~·~··~··~·~··~··~·~,~-~~~~··~·~··~·~~~,~··~ · Spendoot>lflr>.-.o[n<low.......tF.... <Io ..._...,c..., .. .,,..,..,...,...,...,con..euliono ~ �Council of M ichigan Foundations Community Foundation Technology Fund B udget 2008·09 R~enue. Spendabl•lr'lcc><MEI'Ido::lwoMni Fu...S u.ma.r Contnbu!ioN AdditiOoii~ContribulioM "'""' $24,000 O!tw.rGrantl "'"'~­ Pl1)1or:abOnl; & lJbraryS..V;e.s -·~ Programb~nSK Wagu&Benefits ,._. """"""' ·- Equipmentluse& Maintenaoc:e ........,. SIJI)I)Iies _......, '"""""""' Equipment&Fumihn '·""' ~&Sponeortflip Booki & Sublcripctonl Convnunoc~~~l1:>1icabon& 5.010 a.ooo 5,010 14.000 Ccmpui«Grants Ott. Grant$ 10.000 10.000 TotaiG<anll 10.000 10.000 568.371 1>13.3&1 (22,1100) (24.~) P rofotSSionai &CancrldlldS..Vi(;ln Trav.. Tnlonong&Similllf1 ""...... Coni.....-- & MMting Gr.ants Chai~Grantl Mini-Grant& B-einnlng Fund 8 .almu Transl. .- toSpendllblillnc:omol "'"""' Ending Fund8.aL1onc• 1>7.790 ~ ~ jCf f echnoiO<JY Fund Pro;.cted 2007.{11 -~­ ·,...... 5.010 Suppor!CI""I -$1:1mllll0n Support CF's""'*S 100m~lionllalflumav• Wftb dot~Vl & llt)'(>UI Mite grants '·""' 10.000 ~ ~ ~ ~ 137-75\0 137-8010 '·""' '·""' � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Community-Foundation-Endowment-Fund Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book community foundation endowment fund Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book community foundation endowment fund. 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, 50712 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/0636d99beb903da6cbb8da6825bec460.pdf 7715571710c98acc2ac2061144102fd9 PDF Text Text CMF Councilof Michigan Fou ncfat ions Serving grantmakers. Advancing giving. February 2, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Vicki Rosenberg, Vice President, Education, Communications External Relations Rob Collier and Dave Lindberg Cc: Carol Goss, Chairperson, Governance Committee Re: Transforming M ichigan Philanthropy Through Diversity & Inclusion We are excited to share the progress made since the October 2007 Board Meeting and ask for approval of the following Resolution adopting the five-year initiative to Transfonn Michigan Philanthropy through Diversity and Inclusion. Since the October Board meeting, which included the presentation by Henry Ramos, director, Diversity in Ph ilanthropy Project (DPP), key results include: • A $150,000 grant from The Kresge Foundation for year one with an invitation to submit annual requests for renewal funding • Agreement to serve as the core research & development partner for DPP • Invitations to: submit a $150,000 year-one proposal to the Mott Foundation; submit letters of inquiry to the Arcus and Skillman Foundations and the Fetzer Institute; and have a second meeting with key staff of the Kellogg Foundation. • Vicki Rosenberg' s appointment to the Council on Foundations' Advisory Council on Inclusion. RESOLVED that C MF undertake a five-year initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. Background CMF's goal for its work on diversity and inclusion is to increase the effectiveness and accountability of organized philanthropy in Michigan. Objectives and key strategies are: 1. For CMF to become a model regional association and national resource by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of 32 regional associations. 2. For 15 member foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion by: recruiting members and facilitating a training, coaching and technical assistance program 3. To increase CMF members' awareness, understanding and action in diversity and inclusion by: providing programs and services �Diversity & Inclusion Report February 2008 Page 2 4. To increase the diversity of foundation staff and executives through a strategy to be developed year one. 2008 Priorities are: • • • • • • Convening the Governance Committee which will serve as advisors. New members will be added to this Committee which is chaired by CMF trustee Carol Goss Hiring consultants and a new Manager of Diversity Collecting baseline data including: o Demographics of member foundation staff and trustees using a Foundation Center survey instrument developed for DPP - this is the second state pilot o CMF staff, trustee and vendor demographics and attitudes and perceptions through surveys, interviews and audits o Current practices among CMF members through interviews Designing and initiating an internal and external communications strategy including: o Articles in CMF electronic and print publications o COF and CMF annual conference sessions with DPP o Content on the CMF and DPP websites Initiating education, outreach and knowledge development activities including: o A CEO Focus Group with Mary Ellen Capek in spring 2008 o A Cultural Competency Institute for Grantmakers co-sponsored with the Alliance for Nonprofit Management on July 9, 2008 in Dearborn o A Knowledge Symposium co-sponsored with DPP in November 2008 for CMf staff, trustees, members, partners and experts o A training/coaching/peer learning program for six CMF member foundations Research and development on: o A vetting process to identify "gold standard" knowledge and human resources o A distribution system for "gold standard" resources o A strategy for recruiting, retaining and developing diverse individuals to careers in philanthropy It is important to state that this is not a new issue for organized philanthropy. Since 1980, the field has examined and debated the rationale for diversity and inclusion in response to: • changing demographics of our nation and communities served by foundations • recognition of the connection between understanding the unique perspectives of communities served and effective strategies for addressing their needs • pressure from Congress and the media for greater accountability, transparency, effectiveness and impact • encouragement and support from infrastructure organizations such as CMF. Phase One CMF Activities: 2001-2007 In 2001 CMF made diversity and inclusion a priority for its Strategic Planning process resulting in the 2002 Board Resolution on Diversity & Inclusion. That resolution catalyzed work which resulted in: • Board/member engagement in a 2003 Planning Retreat and 2006 focus groups • Diversity and inclusion as one of the Guiding Principle for membership (2004) • A Cultural Competency Plan (2006) �Diversity & Inclusion Report February 20 08 Page 3 • • • A cultural competency goal for the annual conference (introduced 2006) Education programs and dedicated annual conference sessions (2006) The updated Board resolution on Inclusion (2006) Board Resolution on Inclusion, 2006 "RESOLVED that the CMF Board and staff strive to model and promote inclusion as a means to serve and strengthen the work of a diverse membership by working to: (1) Create an inclusive environment in which individuals/grantmakers from different national origins, ethnicities, races, cultures, generations, religions, economic backgrounds and sexual orientations, and with different skills, abilities, lifestyles and beliefs are respected, valued and encouraged to participate; Be governed by a diverse Board of Trustees, and attract and retain diverse staff members; Understand, represent and share the range of philanthropic perspectives held and traditions followed by our members; Encourage members to join with us in developing their own commitment to inclusion for the future of philanthropy in Michigan by signing CMF's Guiding Principles. We believe that diversifying perspectives, talent and experience can help ensure philanthropy's continued leadership in a rapidly changing society. Therefore, building on philanthropy' s best traditions and aspirations, we're working together to develop a new, field-wide agenda for diversity." • Refined human resource policies, changes to internal and external communications (2007) • • • Staff training (initiated 2007) Board approved revisions to the Strategic Plan and Plan of Work (2007). Successful efforts to include diversity and inclusion as core components in (2007): o Essential Skills & Strategies, the standard, national curriculum for new grantmakers o The conceptual framework for grantmaker education being developed by the Forum of Regional Associations ofGrantmakers' Education Task Force In 2007, CMF responded to invitations from The Kresge and C.S. Mott Foundations to engage in a series of discussions about advancing diversity and inclusion across the philanthropic sector. In response, CMF: • Interviewed select member foundations about their current activities, plans and needs • Initiated talks with the Diversity in Philanthropy Project (DPP) about a partnership • Initiated talks with COF, the Forum, Grantmakers for Effective Organizations, The Johnson Center, Alliance for Nonprofit Management and others about possible partnerships • Submitted the five-year framework for the Transforming Michigan Philanthropy Through Diversity & Inclusion Initiative to The Kresge Foundation and received notice in December of the $150,000 grant � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Diversity-and-Inclusion Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book diversity and inclusion Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book diversity and inclusion. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50713 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/874d84c7cbe930bf44820a6d44603bad.pdf 1cce1cc663ecb03bbb8fd8ccd9afe9ac PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Chair Audit Committee David Lindberg RE: CMF 12-31-07 Financial Statements The following Resolution is presented for approval. RESOLVED that the December 31, 2007 Financial Statements, as approved by the Audit Committee, be accepted as presented. Background Based on current projections for 2007-08, the Core Services for CMF should end the fiscal year at close to break even. Core Operations Note 1: Membership The projected variance from budget is due to the following: Dues that decreased from prior year Anticipated non-renewals $18,500 12,500 Of the dues that decreased from the prior year $6, 100 is due to JP Morgan Chase whose headquarter are now on the east coast. $2, 100 is due to the Detroit Youth Foundation, a public charity that has reduced its grantmaking. Note 2: Additional Contributions While the C.S. Mott Foundation has declined to renew its $25,000 additional contribution for 2007-08, Foundation staff has indicated a willingness to allow CMF to transfer $25,000 from project money that was awarded in December 2007, to help balance the 2007-08 Budget if necessary. �Note 3: Conference Income & Expenses The October 2007 Annual Conference in Dearborn has generated a surplus of approximately $80,000 versus a budget of$114,000. The variance is primarily due to the increased food and AV costs at the Hyatt hotel. In addition to the variance noted above, the remaining variance from budget is primarily due to a couple of larger meetings that have been postponed until 2008-09. Note 4: Investment Income The projected variance is due to investment earning of special project dollars, primarily the Early Childhood Investment Corporation grant. Note 5: Wages & Benefits The projected variance from budget is primarily due to some staff reorganizations that took place in July 2007. Note 6: Technology The projected variance from budget is due to enhancements to the CMF website and third party support being less than anticipated as a result of the Director of Technology handling some of this work. Note 7: Communications/Publications The projected variance from budget is due to the $1 0,000 in recruitment material that was planned for potential new members. Since the focus for 2007-08 has been on retention, the marketing campaign has been postponed until 2008-09. Note 8: Professional Services Projected fees for 2007-08 are: Line Item Newsclip Service Public Affairs Associates Legal Audit Fees Corp. Members Survey - Ulsh Compensation Study - Mercer Strategic Planning Mise Total Budget 07-08 $3,700 18,000 10,000 4,500 2,500 300 $39,000 Actual 12-31-07 $2,850 13,500 7,028 4,700 5,170 312 Projected 07-08 $3,900 18,000 10,028 4,700 6,170 312 276 $33,836 276 $43,386 �CMF Endowment Funds Total projected 2008-07 expenditures for each endowment fund w ill fall within the appropriate spendable income range. The notes below highl ight the actual expenditures through 12-31-07. William Allen Fund Training & Seminars Foundations on the Hill registrations for members March 2007 $2,625 Computer/Technology I ZIP to ZIP District Match File $9oo I Russell G. Mawby Fund Association Dues & Sponsorships MNA Nonprofit SuperConference Michigan Women' s Foundation Sponsorship Governor' s Service Award Sponsorship Connect Michigan Volunteerism National Center for Family Philanthropy AFP National Phil Day 2007 IS JW Gardner Award sponsorship MNA Nonprofit Day sponsorship Grand Angels Hope College Event 2007 $1,000 1,500 2,500 500 3,600 500 1,000 500 2,500 Publications I Information for Seeking 2,42o I 1,2oo I $3,026 I $1o,ooo I Registrations I Facing Racism Seminar Meetings I Members Reception Flint 5-22-07 Grants I Oral History Project �Ruth & Russ Mawby Fund for Kids This fund supports the YAC summer intern and Youth Program Associate. CFYP Endowment Fund This fund supports YAC activities. Conference Income & Expenses Summer Youth Conference June 2007 Line Item Revenue Expenses Net Loss Bud2et Actual $20,100 48,000 ($27,900) $18,525 38,840 ($20,315) Covers youth administrative support. Dorothy Johnson Educational Fund Other G rant Support for the CMF Annual Conference in October 2007. [Riecker Leadership Fund The variance from budget is due to the two week overlap for the departing and incoming Public Policy fellows, plus health insurance coverage was budgeted at the single rate and actual coverage is for two people. William Richardson E ndowment Fund 20% of the fellow's wages are being charged to this grant with the other 80% going to the Riecker Fund. Professional Services The work on the L3C and Senator Levin - Offshore Hedge Fund issues has been charged to this fund. �Council of Michigan Foundations & Supporting Organizations Consolidated Balance Sheet December 31 , 2007 II CMF Core & Special Projects ASSETS Cash & Equivalents Investments Grants Receivable Due From Other Funds Property, Plant & Equipment- Net Other Assets Total Assets LIABILITIES Accounts Payable Other Liabilities Grants Payable Total Liabilities NET ASSETS (FUND BALANCE) Unrestricted & Temp Restrict. Endowment Funds KYIP Fund Total Net Assets Total Liabilities & Net Assets S:\Finance\Fin.aoc:ial St.atemEM'ItS\07-08\CM F FS 12-31-07 $7,485,486 5,563,229 (5,647,953) 422,470 25,805 $7,849,037 $1 ,335,539 81 ,797 44,700 1,462,035 Endowment Funds $29,207 18,024,172 (46,315) $18,007,063 0 6,387,002 Supporting Organizations Michigan AIDS MCFV LTG Fund $6,394,301 $3 $3,254,637 4 ,874,185 18,368 984,693 $11,286,854 $4,239,334 $571,509 Total 418,735 (164,609) 15,845 7,846 $849,326 $14,480,506 21 ,278,809 5,981,964 1 456,683 33,651 $42,231,614 154,000 5,000 159,000 $ 1,335,539 235,797 49,700 1,621,035 0 0 5,181,517 989,815 3,249,519 690,326 6,387,002 18,007,063 6,105,337 11,286,854 4,239,334 690,326 13,248,660 21 ,256,582 6,105,337 40,610,579 $7,849,037 $18,007,063 $11,286,854 $4,239,334 $849,326 $42,231,614 18,007,063 �Counc il of Mic higan Foundatio ns & Supporting Organizations Co ns olidat ed Statem ent of Activities and Changes in Net Asset s 4-1-07 to 12-31-07 II Council of Michigan Foundations Supporting Organizations Michigan A IDS MCFV LTG Fun d CMF Revenues Spendable Income Membership Investment Additional Member Contributions Other Grants Conference Income Publications & library Services Other Income Investment Income Total Revenues Program/Admi n Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications!Publications Professional Services Trave l Training & Seminars Conference & Meeting (GainVLoss sale of fixed assets Overhead Allocation to Spec Proj Total Program!Admin Core Special O~eratlons Projects $0 Endowment Funds $0 $643,000 936,975 165,960 20,939 518,263 22,150 6,495 116,220 1,787,002 734,788 48,390 8 ,867 2,256 10 ,769 25 ,936 4,178 0 CMF Total $643,000 936,975 165,g6o 833,017 6,500 21,983 860,456 $21 s 936,975 165,960 731,969 1,856,996 9,641 842 ,658 408,572 102,274 15,627 3,980,573 673,1 22 102,316 747,596 4 ,860 ,607 179,121 217,064 1,130,973 78,068 82,296 10,311 165,374 7,532 6,487 203,805 23.401 1,578,220 113,22g 1,02 1 5,020 21,818 2,268 1,898 7,383 1,425 4,524 13,228 40,652 8,454 3,126 3,588 33,906 423 0 147 2,709 144 713 0 656 2,256 11,060 29,358 4,178 21 26 24 5 244 3,666 1,425 1,426 2,470 1,168 74,506 656 3,787 16,300 45 6,783 3,125 69,799 33,837 298,246 33,354 365,437 34,818 19,264 22,125 7,804 15,462 8,475 48,239 584,193 347,729 1,441,439 1,441 ,439 1,469,824 264,550 540,246 22,171 32,648 1,305,61 1 1,295 38 0 !975) s 540,246 22,150 32,648 779,138 11 ,676 3 ,630 $643,000 26,153 653,277 1,350,913 30,5 10 31,694 3 ,313 59,89 1 437,922 Combined Total 45,973 49,289 400 2,571 1,88 1 1,407 103,489 34,230 388,427 773 20 4 93,965 2,061 3,887 31,428 125,235 49,388 3,4 75 72,770 859,234 78,64 1 34 ,4 00 531,341 2,401 ,746 472,213 270,255 393,521 3 ,537,734 58,800 1,500,239 58,800 1,500,239 7,552,704 7,552 ,704 814,250 814,250 273,075 273,075 10,140,268 10,140,268 99 79 3,396 69,544 6,917 150 0 (975 975 GRANTS Challenge Grants Mini· Gra nl s Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures Beginning Net Assets T ransfers From Other Funds Cha nge in Net Assets Ending Net Assets $ V'.,..,c.IF.,aftt.... S ' -ee1010NII'Gt.IF JS 11· )1.01 317,178 1,815,112 (1 ,182,974) 944,384 78,588 6 ,037,686 17,105,679 24 ,958,477 ! 1,182,974! $4 ,854 ,712 301 ,384 0 (564,4 12 18,007,063 24,394,066 (600,000) 317,178 $1,532,290 600,000 (7,351.795) (982,189) 81,001 (8, 174,395) 18,638,649 5 ,221,522 609,325 !7,351,795! !982,189! $4,239,334 81,001 (8,817,394 690,326 40,610 ,579 s11 ,286,854 49,427,973 �CMF Endowment Fu nds Consolidated Statement of Act ivities and Cha nges in Net Assets 4-1-07 to 12-31-07 Endowment Funds Russell G. Allen Fund Rev enues Spendable Income Membership Investment Additional Member Contributions 8,300 $ Johns on Maw by M aw by Fund Educational Fund For Kids Fund 67.900 $ 38,800 $ 46 ,200 MCFYP Rie cker hchnology Richardson Public Inves t. Endowment Fund Fund Policy Education ' ' 330,400 6,500 3,333 Other Grants Conference Income Publications & library Services Other Income Investment Income Total Revenues Community Foundation E ndowment 7,660 65,999 37.713 15.960 133,899 76.513 "' 19,457 Program(Admin Expenses wages & Benefits Occupancy TelephOne Equipment l ease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Dues & Sponsorship Books & Subscriptions 15 43 .434 89,634 52.300 ' 52,700 ' 22.600 ' 21,000 Re itz ' 2.600 CMF Core Endow. ' 18.650 26,153 332,853 5 1.117 699,239 122.067 52,126 104,826 150,831 4,175 35.081 20.692 43.692 24,813 45,813 Tral'el Training & Seminars Conference & Meeting 2,625 Total Program/Ad m in 3,540 GRANTS Challenge Grants Mini-Grants Computer Grants Other G rants 13,602 26.153 653.277 5.668 13,602 1,350.913 735,700 2, 100 3.787 16.300 12,100 7 ,100 212 7,500 176 1,132 1.755 7,453 2,455 4 ,526 191,022 3,212 126 890 39.099 44,547 600 10,346 3.125 33,354 26,300 113,000 588 15,462 8,475 4 8.239 18,434 347,729 29,600 14,900 132,200 680,700 58,800 53,300 58,800 55.000 3,390 930 721 40,298 4.967 800 45 705 19,955 2 1,02 7 11.300 2,000 2,600 1,744 81,400 144 713 600 2,749 1,575 3,305 2 3,894 6 .500 21,983 340,000 13.1 00 (862) 643,000 1.021 88 703 643.000 217.064 22 2.420 Budget 3.068 45 Comm unicationsiPublications Professional Services 12 Month ~ To tal 1,021 144 200 900 Comm Fdn 1,700 10,000 10,000 Total G rants 46,200 46,200 2.600 2.600 Excess Re.,enoes O ver Expenditures 12,420 100.005 55.486 4 3.434 508,217 77.520 64 ,528 38.72 5 27,379 3.068 Beginning Net A sset s Transfer from Other Funds Ex cess Revenues over Ex penditures Ending Net A ssets 2 12,485 1,819,686 1,044 ,771 1,207,662 8.877,491 1,425.335 1.436,583 568.371 456,336 56.959 4 .120 $2 16.605 32,105 $ 1,851 .791 16.686 $ 1.061,457 177,817 $9.055,308 25,220 $ 1,450.555 11,828 $ 1.448,4 11 15.925 $584.296 6 ,379 $462,715 468 S:\Finance\Finandat Statements\07-08\CM F FS 12·31-07 (2,;66) $1 .204.896 $57.427 13,602 944.384 17,105.679 600,000 13,602 $613,602 17,105,679 600.000 301 .384 18 .007.063 ~ �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-07 to 12-31-07 12 Month Budget 2007-08 Revenues Membership Investment Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues Program/Admin Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixed Assets Overhead Allocation to Spec Projects Total Program/Admin 9 Month Budget 12/31/2007 $ 1,002,000 190,000 25,000 657,000 24,000 6,000 105,000 2 ,009,000 $ 918,000 190,000 25,000 578,000 18,000 6,000 78,700 1,813,700 9 Month Actual 12/31/2007 $ 936,975 165,960 20,939 518,263 22,150 6,495 116,220 1,787,002 12 Month Projected 2007-08 $ 971,000 191,000 21,000 550,000 25,000 6,500 140,000 1,904,500 Note 1 Note 2 750,100 51,100 12,900 3,000 18,900 22,500 6,000 734,788 48,390 8,867 2,256 10,769 25,936 4,178 986,000 65,000 12,000 3,000 18,000 34,000 4,200 Note 5 75,000 32,000 6,000 104,000 39,000 57,000 13,000 537,000 56,300 31,000 4,500 78,100 30,400 42,800 9,800 490,300 30,510 31,694 3,313 59,891 33,837 34,818 3,630 437,922 65,000 34,000 5,000 94,000 44,000 57,000 9,000 474,000 Note 6 (4,000) 2 ,009,000 (3,000) 1,604,700 (975) 1,469,824 (1 ,300) 1,902,900 0 0 0 0 Excess Revenues Over Expenditures 0 209,000 317,178 1,600 1,815,112 0 1,815,112 209,000 1,815,112 2,024,112 S:\Finance\Financial Statements\07-08\CMF FS 12--31-07 Note 4 1,000,000 68,000 17,000 4,000 25,000 30,000 6,000 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Beginning Net Assets CHANGE IN FUND BALANCE Transfers from Other Funds Ending Net Assets Note 3 1,815,112 317,178 (600,000) $1,532,290 1,815,112 1,600 (600,000) 1,216,712 Note 7 Note 8 Note 3 �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. February 4, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Rachel Mraz, CMF Trustee and Investment Committee Member and David R. Lindberg, Vice President Finance & Administration Re: December 31, 2007, Investment Report The following Resolution is presented fo r consideration: RESOLVED that the December 31, Investment Report be accepted, as recommended by the CMF Investment Committee. On a quarterly basis, the combined Investment Committees for the Council of Michigan Foundations (CMF), Midwest Community Foundations' Ventures (MCFV), Learning to Give (LTG) and the Michigan AIDS Fund (MAF), meet to review the investment performance for the operating and permanent endowment funds. New Business On February 7, 2008, the Investment Committee will meet to review and approve the enclosed reports. Since the October 22, 2007 CMF Board meeting, the Investment Committee has addressed the follow items: • Reviewing real estate investment options to include funds that are more globally focused versus the current investment vehicle which is primarily U.S. based properties. Alternative vs. Standard Allocation Investment Pools With the addition of the TIFF and Commonfund alternative products, the CMF Endowment Pool now has standard and alternative asset allocation pools. The standard allocation pool is rebalanced on a quarterly basis back to the targeted asset allocation noted in the attached report. The TIFF investment product rebalancing is handled by TIFF. The combined allocation of the standard and alternative allocation pools will be monitored on a quarterly basis by the Investment Committee with adjustments between the two pools being made as the committee deems appropriate. The combined investment return for the CMF Standard and Alternative Pools will be calculated as the various periods become available. The enclosed Investment Report is presented in two sections. S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvestment Report 12-3107.doc �Investment Report Page 2 Investment Perfor mance Report & Asset Allocation The benchmark is based on the targeted asset allocation noted in the attached report using the following return information: Asset Class S&P 500 S&P 400 S&P 600 EAFE FTSE NAREIT Equity Index Lehman Bros. Aggregate Allocation 37.0% 9.0% 6.0% 13.0% 5.0% 30.0% Investment Performance Comparison Report In addition to the Cambridge & Associates, Inc. pool of colleges, universities, and foundations, the committee has recently added the TIFF Multi-Asset fund for comparative purposes. The TIFF product is unique in the fact that it offers smaller foundations access to alternative investment products which have enhanced returns over the last several years. The reason this report lags the CMF Investment Report by one quarter is due to the time it takes Cambridge to collect the results from the pool participants. S:\Boards and Committees\CMF\Board\2007-08\2. 12.08 Meeting Materials\lnvestment Report 12-3107.doc �Council of Michigan Foundations Investment Report December 31, 2007 Investment Balance 12-31-07 Actual Asset Allocation Cash Targeted Asset Allocation Cash Operating Funds CMF Operating & Special Projects $4,679,400 100% 100% MCFV Special Projects $3,693,650 100% 100% KYIP Fund $6, 105,337 100% 100% Michigan AIDS Fund $356,900 100% 100% Learning to Give $264,815 100% 100% Note: All operating funds are invested in money market accounts. CMF Combined Endowment Pool -Asset Mix Market Value Equities Fixed Income Real Estate Alternatives Cash Total $11,169,360 5,281,527 603,311 994,280 17,626 18,066,104 % 61 .8% 29.2% 3.3% 5.5% 0.1 % 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return N/A N/A N/A N/A Blended Benchmark N/A N/A N/A N/A The CMF Endowment Pool has been broken down into two separate pools, a standard pool and an alternative pool. The asset mix listed above represents the combination of both pools. S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Council of Michigan Foundations Investment Report December 31, 2007 CMF Standard Endowment Pool- Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $4,939,751 1,172,744 758,306 1,875,864 574,371 9,321,036 35.5% 8.4% 5.5% 13.5% 4.1% 67% 37% 9% 6% 13% 5% 70% 17,626 1,938,926 1,878,797 740,303 4,575,652 0.1% 14.0% 13.5% 5.3% 33% 0% 13% 13% 5% 30% 13,896,688 100% 100% Standard Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return 5.18% 8.75% 12.64% 7.43% Blended Benchmark 5.50% 8.54% 12.20% 7.19% S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Learning to Give Investment Report December 31, 2007 LTG Endowment Fund -Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $1,195,566 283,723 183,379 449,698 138,416 2,250,782 36.7% 8.7% 5.6% 13.8% 4.3% 69% 37% 9% 6% 13% 5% 70% 419,237 421 ,203 163,416 1,003,856 0.0% 12.9% 12.9% 5.0% 31% 0% 13% 13% 5% 30% 3,254,638 100% 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Actual Investment Return 4.97% N/A N/A N/A Lipper Median Benchmark 5.50% N/A N/A N/A Investment of this new endowment fund took place in May 2006 This fund was established with a $3,000,000 grant from the W.K. Kellogg Foundation S:\Boards and Committees\CMF\Board\2007-08\2.12.08 Meeting Materials\lnvest Report 12-31-07 �Council of Michigan Foundations Investment Performance Comparison 9/30/2007 Actual Returns Period Ending Quarter Blended Benchmark 1.82% CMF Cambridge Pooled Pool Funds (Median) 1.59% 2.60% TIFF Multi Asset 3.58% One Year 13.72% 13.80% 18.40% 19.86% Three Years 12.26% 12.38% 14.80% 16.68% Five Years 13.85% 14.20% 15.10% 17.25% Ten Years 7.49% 7.77% 9.10% 8.40% Period Ending One Yr Three Yrs 17.0% 14.0% 16.4% 13.1% 15.2% 15.0% 5.1% 3.9% 24.9% 23.2% 2.8% 3.2% Five Yrs 16.5% 15.5% 19.6% 4.1% 23.6% 2.9% Bench Marks W ilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Qtr Ending 1.5% 2.0% -2.5% 2.8% 2.2% 0.1% Asset Categories Cambridge Pool US Equities International Equities Fixed Income (less high yield) Cash Other Total Other· Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other NMAA Absolute Return Commodities Othe r 28.0% 22.9% 15.5% 2.3% 31.3% 100.0% Asset Allocation CMF Target 52.0% 13.0% 25.0% TIFF Multi Asset 60.5% Includes Inti & Resource 17.8% 10.0% 100.0% 2 1.7% 100.0% 5.0% 0.6% 5.0% 2.0% 4.0% 10.0% 1.1% 5.0% 1.4% 3.0% 0.9% 0.2% 0.4% Ten Yrs 6.8% 6.6% 9.2% 6.0% 8.0% 2.6% 15.0% 4.1% 5.3% 31.3% 10.0% 2 1.7% • Represents the latest return numbers available from Cambridge & TIFF. S:\Boards and Committees\CMF\Board\2007 -08\2.12.08 Meeting Materia ls\lnvest Report 12-31-07 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Financials Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book financials Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book financials. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50714 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/9293117e6dc452ab2ef168e294aa2fa1.pdf 99bdb9bf82774119975f7b89591a8671 PDF Text Text CREATING OPPORTUNITY IN A CHANGING WoRLD: DIVERSIFYING ouR EcoNOMY, EDUCATING ouR PEOPLE Fiscal Year 2009 Executive Budget overnor Jennifer M. Granholm's 2009 Executive Budget builds on the hard work and important progress we have made over the last five years. By focusing on citizens' most important priorities -jobs, education, health care and public safety -this budget will help make Michigan a great place to live, learn and earn. G Since 2000, Michigan has struggled with an auto industry in transition and economic challenges brought on by globalization, unenforced trade agreements and federal policies that have been indifferent to both the needs of our manufacturers and our families. As a result, the state has lost more than 400,000 jobs and experienced a sharp revenue decline. This protracted economic crisis has produced a severe fiscal crisis. Since taking office, Governor Granholm has resolved nearly $6 billion in budget deficits, making more than $3 billion in budget cuts - more than any governor in Michigan's history! In 2007, the on-going budget challenges soared higher. Held together for several years by onetime funding sources and short-term financial strategies, Michigan's options to balance the budget were shrinking at a time of increasing demands and falling revenues. Last year's economic crisis presented us with a choice. We could choose to cut our way to the bottom - slashing services and hurting families. Or we could choose to invest in our people to build the future for Michigan we all want. We chose wisely. We chose Michigan's future. The comprehensive solution reached after months of difficult and often frustrating negotiations prevented massive cuts to health care, education and public safety. We avoided pushing problems into future years and instead took steps to put our state budget back on solid financial footing. As a result, we can focus this year on jumpstarting Michigan's economy. Like the current budget, the fiscal year 2009 budget recommendation is a comprehensive proposal that w ill build on the progress made last year in reducing spending and reforming government while investing in the things that make us competitive. This year' s recommended budget includes no new taxes and no new fees. OVERVIEW Fiscal Year 2009 Executive Budget A-1 �Addressing Michigan's Structural Budget Challenge ntering 2007, the structural imbalance in Michigan's budget was no secret. For nearly a decade, economic growth had been stagnant leaving revenues well below expected levels. A series of on-going tax cuts also contributed to the decline. A Consensus Revenue Estimating Conference, held in May 2007, put estimated revenues for fiscal year 2008 at less than $7 billion, a decline of more than 30 percent since the start of the decade. E "The Granholm budget, which we believe is a smart combination of spending cuts, tax restructuring and government reform, represents that last and best hope to keep Michigan government together in the form in which it currently exists." Muskegon Chronicle, February 18, 2007 The first step in solving this fiscal crisis was passage of the Michigan Business Tax (MBT) in June 2007. The replacement for the Single Business Tax (SBT) provides tax cuts for more than seven out of ten Michigan businesses and tax cuts to both small businesses and Michigan's major manufacturers. The new tax encourages job creation in Michigan because it relies more on profits, provides tax credits to companies that locate or create new jobs in Michigan and tax credits for entrepreneurial and research and development activities. Most important to addressing the structural deficit, the n ew tax raises the same amount of revenue as the SBT. Replacement of the SBT revenue was essential, but could not solve the problem alone. Additional reven ue was necessary. After mu ch debate, the Governor and the legislature agreed to increase the state's income tax to a level just below what it was in 1999 and to expand the sales tax to a select list of services. Hours after the sales tax expansion took effect on December 1, 2007, the legislature voted to repeal the tax and replace it with a surcharge on the Michigan Business Tax which took effect on January 1, 2008. Governor Granholm also ordered stringent spending restrictions for all state departments in the summer of 2007. Through a series of executive directives, the Governor continued a hiring freeze and put limits on travel, memberships, subscriptions, supplies, and more. The 2008 budget repaid delayed payments to universities and community colleges u sed to balance the previous budget. It did not rely on funding shifts or short-term financial strategies. The Governor and the legislature agreed to hundreds of millions in additional spending cuts and made money-saving reforms such as ending state employee retirement " double dipping," allowing school districts to shop for competitive health care coverage and encouraging h ealthy behaviors for Medicaid recipients. This comprehensive approach - a combination of cuts, revenues and reforms - resolved the budget crisis, helped put Michigan's fiscal house on more solid ground and will move Michigan forward in the years ahead. OVERVIEW A-2 Creating Opportunity in a Changing World �Fiscal Year 2008 ... Where We Stand The January 2008 Consensus Revenue Estimating Conference projected that general fund revenue for the current fiscal year will be $234 million below the estimate used to enact the budget last fall. Nearly one half of the decline is the result of action the legislature took last December, when it replaced the service tax with a surcharge on the MBT decreasing state revenue by $114 million this year. The remainder of the general fund decline is due to continued slow growth in state revenues and the slowing national economy. The January 2008 Consensus Revenue Estimating Conference also projected a decline in the School Aid Fund for this fiscal year. Revenues in this fund are expected to be $136 million below the estimate used to enact the budget last fall. FY 2008 General Fund Budget $ in millions Beginning Balance $259 Revenue Estimate $9,866 , 1:-::2:-::5--1 Total FY 2008 Revenue --'--'-------.,$~1:-::0,-FY 08 Enacted Budget $9,856 Supplemental Requests $43 ---'--------;=-:::-::::-::--1 Total FY 2008 Spending $9,899 FY 2008 Funding Surplus Less: Rainy Day Fund Deposit Adjusted FY 2008 Funding Surplus $226 ($100) $126 In the past, revenue declines of this size would have resulted in mid-year budget cuts. Fortunately, the difficult decisions made during the budget debate last year have given Michigan the tools it needs to cope with the uncertain fluctuations of a changing economy. The state closed its books for fiscal year 2007 with a surplus of $259 million in the general fund and $84 million in the School Aid Fund. These surpluses will help prevent hurtful cuts to basic state services during this fiscal year, allow for a deposit of $100 million into the state's "rainy day" fund and allow $126 million to be carried into the next fiscal year. The 2007 surpluses were the result of higher-than-expected revenue collections in the last months of the fiscal year and the Governor's tough fiscal policies implemented during the year resulting in many departments returning a portion of their budgets unspent. Revenues tate law requires two revenue estimating conferences each year, typically held in mid-January and mid-May. Conferees include the State Treasurer and the directors of the House and Senate fiscal agencies. The conferees agree on baseline revenue estimates for the current year and the upcoming fiscal year for both the general fund and the School Aid Fund. The January conference provides revenue estimates for the Governor's budget recommendation. The May conference provides an opportunity to review the January estimates before final legislative action is taken on the state's budget. Additional conferences can be held during the year if economic conditions warrant further updates to the estimates. S OVERVIEW Fiscal Year 2009 Executive Budget A-3 �Like many states, Michigan has a constitutional provision that limits spending growth from year to year. Michigan's constitutional limitation- commonly known as the Headlee amendment - has been in place since 1978. The Headlee amendment limits annual growth in state revenues to a level that cannot exceed the year-to-year growth in personal income. This limit is intended to ensure that the state's overall revenues, both tax and non-tax revenues, do not grow faster than the incomes of Michigan's citizens. For the current fiscal year, Michigan is $5.1 billion below the Headlee revenue limit, d espite the revenue increases enacted last year. For fiscal year 2009, we w ill be $5.4 billion below the limit. Since taking office, Governor Granholm has balanced the budget each year despite consistently being billions of dollars below the revenue limit. Fiscal Year 2009 ichigan enters fiscal year 2009 in a stronger position than last year. The difficult work done last year to increase revenues and hold down spending has eliminated much of the budget's structural deficit and the fiscal year 2007 surplus provides additional flexibility to address unavoidable spending pressures in the upcoming fiscal year. M The January Consensus Revenue Estimating Conference projected revenues will be $9.194 billion for the general fund and $11.871 billion for the School Aid Fund. Despite spending pressures in the departments of Corrections, Community H ealth and Human Services, fiscal year 2009 begins with no significant funding gap. However, to ensure that we are focused on our key priorities, Governor Granholm is proposing additional reductions and reforms. Fiscal Year 2009 General Fund Revenues ($in millions) Beginning Balance Consensus Revenues Michigan Job Creation Credit Revenue Sharing Savings Suspend County Revenue Sharing Other Revenue Adjustments Total Revenue Estimate $126 $9,194 ($35) $316 $208 $51 $9,860 Fiscal Year 2009 General Fund ($ in millions) FY 08 Enacted Appropriations Baseline Spending Adjustments One-time Delayed Higher Education Payments Medicaid Spending Human Services Caseload Adjustments Federal Matching Rate Adjustments Corrections Prison Increases Environmental Quality Fee Replacement Debt Service Payments Employee Benefit Costs Other $9,856 ($165) $196 $69 ($183) $38 $14 $17 $12 $21 Subtotal Baseline Spending Adjustments $19 Total Baseline Spending Estimate $9,875 Agency Spending Reductions and Reforms Proposed Enhancements ($172) $146 Total Spending Estimate $9,849 Total Revenue Estimate $9,860 Total FY 2009 Funding Surplus $11 OVERVIEW A-4 Creating Opportunity in a Changing World �Fiscal Year 2009 Reductions and Reforms (General Fund $ in millions) Community Health Corrections Reforms Debt Service Human Services Other Agency Reductions General Fund Reductions/Reforms $62 $50 $40 $17 $3 First, the Governor proposes $172 million in spending reductions. These cuts, w hich impact nearly every state department, include more than $50 million in additional savings in the Department of Corrections and $62 million in cuts in the Department of Community Health. $172 Second, the Governor's budget recognizes savings from additional governmental Total FY 2009 Reductions/Reforms $235 reforms. Last month, state employees began a new three-year contract which includes significant concessions in health benefits which will save $102 million, $63 million general fund, in 2009. A bipartisan workgroup facilitated by the Council of State Governments under the Justice Reinvestment Initiative w ill identify additional savings and budget reductions in the Department of Corrections through operational efficiencies and policy reforms. Employee/Retiree Health Care Reforms $63 The additional cuts and reforms proposed by the Governor will allow the state to continue to invest in our priorities - good jobs, quality schools, affordable health care and safe communities. Focusing on Michigan's Priorities A Job for Every Worker Governor Granholm's top priority for Michigan is creating jobs. Since taking office, she has worked to diversify our state's economy, attracting companies in high-growth areas that will create good-paying jobs that can't be outsourced. The Governor's 2009 budget provides important tools to create jobs and to provide the training Michigan workers need to fill them. The Michigan Job Creation Tax Credit, which the Governor announced in her State of the State address, is a one-time initiative to encourage businesses from many of the fastest growing industries nationally- from high-tech to homeland security to alternative energy - to create and grow jobs in the state. The 2009 budget recommendation anticipates a $35 million reduction in revenue as businesses take advantage of this tax credit. The Governor's 2009 budget invests more than $618 million in worker training programs, including an additional $40 million to expand her No Worker Left Behind initiative which provides two years of free training "Indeed, so many citizens are applying for Governor Jennifer to help displaced workers prepare No Worker Left Behind program, the people Granholm's for high-demand careers. Since the manning designated Michigan Works! sites face two to five program began last August, Michigan the applicants they can process... " times Works! Agencies have experienced a 300 percent increase in the number Detroit News, January 22,2008 of people seeking training. Th e expanded funding for this program OVERVIEW Fiscal Year 2009 Executive Budget A-5 �will be provided by refinancing a portion of the state's general obligation bonds to take advantage of lower interest rates. To help spur our economy as a national recession looms, the Governor is proposing a two-year stimulus package, totaling over $1.8 billion, creating more than 28,000 new jobs. One part of this proposal is the fiscal year 2009 Capital Outlay budget totaling $250 million, primarily for projects at airports and military training facilities across the state. These projects are expected to create an additional 3,900 construction and other jobs. This proposal for fiscal year 2009 accompanies the Governor's stimulus package for the current fiscal year. For 2008, the Governor has proposed a Capital Outlay budget of $1.4 billion for projects at universities, community colleges, state parks and more, creating over 22,000 n ew jobs. The Michigan Department of Transportation will also accelerate approximately 25 additional road and bridge projects at a cost of $150 million, creating more than 2,100 new jobs. In addition, the Governor has announced that the state will increase spending on tourism and business promotion by $60 million to a total of $90 million over two years. This one-time expenditure will be funded by refinancing some of the state's taxable tobacco bonds. Quality Education for Every Citizen Leading economists and education experts agree: education is an essential part of any economic development strategy. In Michigan, we have already taken critical steps to set high expectation s for our schools and our students. The Governor's budget this year will ensure that all of our students have the tools they need to meet and exceed those expectations by expanding early childhood education, increasing funding for our K-12 schools and asking more of our colleges and universities. Fiscal Year 2009 School Aid Fund ($ in millions) Beginning Balance Consensus Revenues General Fund Subsidy Federal Revenues Total Revenue Estimate $48 $1 1,871 $43 $1,562 $13,524 FY2008 Enacted Appropriations Baseline Spending Adjustments Per Pupil Funding Increase Enhancements Total Spending Estimate $13,006 $23 $299 $187 $13,515 Total FY2009 Funding Surplus $9 K-12 Schools Governor Granholm's 2009 bud get recommends increasing funding for our K-12 sch ools by $108 to $216 per student, based on the equity formula established last year. This increase will take another step toward closing the funding gap between school districts. The minimum foundation allowance for 2009 will be $7,420 per student. To ensure that every child begins school prepared to succeed, the Governor's budget recommends a $31.5 million increase in funding for the Great Start preschool program. This funding will help an additional 7,000 children and expand the services of the Early Childhood Investmen t Corporation. These increases are possible, in part, as a result of our declining school age population. While declining enrollment eases the state's financial burden, it places additional financial strain on the more than 400 districts impacted. Therefore $20 million is allocated, once again, for grants to districts experiencing declining enrollment. OVERVIEW A-6 Creating Opportunity in a Changing World �To prepare all Michigan students for success in college and the workplace, the Governor is proposing a 21st Century Schools Fund to help school districts replace large, impersonal high schools that have low academic achievement and high drop out rates with small high "Replacing dysfunctional high schools with up to 100 schools that use strong personal relationships, smaller ones promises to transform the learning culture in many Michigan communities. It represents the consistent discipline and real world relevance to h elp at-risk students achieve high academic kind ofinstitutional shakeup the state requires for 21st centunJ progress." goals. By redirecting the $32 million previously dedicated to the Durant lawsuit Flint Journal, January 22, 2008 settlement and bonding against this revenue, the state can offer $300 million in grants to school districts over the next three years to create these schools. Colleges and Universities Governor Granholm is committed to doubling the number of college graduates in Michigan. To support that goal she is proposing a three percent increase in funding for our community colleges and universities, which ensures a funding increase at or above the rate of inflation. In addition, the Governor is recommending that this funding be distributed by a formula that recognizes the importance of not only enrolling students, but ensuring they complete their degrees. Under the Governor's proposal, all fifteen state-funded universities will receive increased funding based on a combination of degree completion, federal research expenditures, and opportunities for low income student enrollment. The formula for our three flagship universities - the University of Michigan, Wayne State University and Michigan State University - will place a greater emphasis on research and commercialization activities. The state's 28 community colleges will receive increased funding based on "Post-secondary education has never been more important a formula developed two years ago for the future economic well-being of students and the state that considers enrollment and degree ... The fastest-growing jobs in this global economy require higher learning and students must be prepared-- for Jour-year completion. universities and technical and vocational schools ..." The Governor's fiscal year 2009 budget Grand Rapids Press, August 30, 2007 makes $235 million in financial aid available to Michigan students, including a record number who are eligible for the $4,000 Michigan Promise Scholarship. Health Care for Every Family Governor Granholm knows tha t making affordable health care accessible to every family in Michigan and protecting the safety net for our state's most vulnerable citizens are essential tools in our fight to strengthen the econom y . Despite last year's severe budget challenges, she refused to eliminate health care for children, seniors or citizens with disabilities. This year, the Governor's budget recommends expanding access to health care in several ways. OVERVIEW Fiscal Year 2009 Executive Budget A-7 �Medicaid Serves 1 Out of Every 7 Michigan Residents 1,600 1,550 1,500 /' 1,450 1,400 1,350 1,300 1,250 1,200 1,150 1,100 1,050 ... ./ / / / / / / / ---- ___. The Governor's 2009 budget recommendation provides $8.5 billion for the medical services and long term care portions of Medicaid, an increase of 4.3 percent over the current year. This program provides health care to nearly 1.6 million Michigan citizens, including more than 900,000 children. To combat our state's growing nursing shortage, the Governor proposes $10 million for the Michigan Nursing Corps. With this funding, the Corps will train 126 additional nursing faculty to help expand nursing programs across the state. Through these efforts, the Michigan Nursing Corps can train 6,300 additional nurses in five years. In addition, the Governor's budget recommends $4.8 million in nursing scholarships. 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 The Department of Community Health's efforts to place seniors and disabled citizens in appropriate care settings have resulted in decreased nursing home utilization and additional savings of $32.1 million gross, $12.7 million general fund. The Governor's budget proposes reinvesting this savings in the expansion of home and community-based services to allow more seniors to remain in their homes. Safe Places to Live and Work Since taking office, Governor Granholm has fought to ensure that all Michigan citizens have safe places to live, work and play - protecting their pocketbooks and their neighborhoods in this time of economic uncertainty. The Governor's 2009 budget continues this effort. The Governor's 2009 budget recommends a four percent increase in statutory revenue sharing payments- money given to local units of government to help pay for essential services including police and fire protection. This is the first increase in revenue sharing payments since 2001. The Governor's budget includes additional common sense reforms in the Department of Corrections which will help reduce our burgeoning prison costs without jeopardizing public safety. As a result of the reforms and efficiencies made by the Department over the last five years, the Governor's budget recommendation for Corrections is lower than the previous year for the first time since she took office. "Lawmakers on both sides of the aisle must work through the need to bring Michigan's corrections spending more in line with neighboring states. That is vital." Lansing State Journal, January 31, 2008 OVERVIEW A-8 Creating Opportunity in a Changing World �In addition, the Governor is recommending that the Michigan State Police operate a trooper school beginning this fall to train 100 n ew troopers. This will restore trooper strength to the highest level in five years and w ill enable the sta te to partner with more local communities to help keep neighborhoods safe. One such partnership, in Flint, has helped reduce homicides in that city by 46 percent. MICHIGAN STATE POLICE Trooper Strength History 2003 to present ;; 1.050 g> ~ (I) 1.000 950 900 To help address jail overcrowding, the Governor's budget includes $3.35 million for mental health courts. This funding will create five pilot sites w here specialized court dockets w ill be used for defendants with mental illnesses who have committed non-violent offenses. Much like the drug court model, mental health courts will divert selected offenders into communitybased treatment that is less expensive th an incarceration. 2003 2004 2005 2006 2007 2008 2009 "Among the ways to cut prison and jail costs in Michigan, few offer as quick a payback as getting treatment for mentally ill people who are arrested - instead of routinely putting them behind bars." Detroit Free Press, January 24, 2008 Governor Granholm's 2009 budget also recommends: • $1.3 billion to protect Michigan's children, including child protection services, foster care, adoption and day care assistance. • $182 million to support environmental clean up and pollution prevention programs . • $21 million for food safety programs. • $2.9 million to strengthen regulation of the mortgage industry and combat predatory lending activities. OVERVIEW Fiscal Year 2009 Executive Budget A-9 �Conclusion he first decade of the 21st century has been a time of unprecedented change for Michigan. History will say that this decade of economic turmoil was among the toughest any state had to face in generations. Governor Granholm is determined to use this period of change and challenge to make Michigan a stronger, smarter, more prosperou s state. T In 2007, we laid the right foundation. There are important, strong planks in that foundation: the most rigorous education standards in our sta te's history, college scholarships for every child, the biggest diversification strategy in the nation, a major tax rewrite, solving our fiscal crisis and providing training to every adult who needs it. But Governor Granholm knows there is more to do and her 2009 Executive Budget Recommendation w ill help the state take the next steps- creating jobs, replacing failing schools, expanding early childhood education, providing access to quality health care, protecting citizens and their pocketbooks - to build the future for Michigan we all want. OVERVIEW Fiscal Year 2009 Executive Budget A-10 �Subject: Budget Increases: $108-$216 Per Pupil, 4% Revenue Sharing; 3% Higher Ed From: Gangwer News Service [mailto:gongwer@gongwer.com] Sent: Thursday, February 07, 2008 12:26 PM To: gongwer@gongwer.com Subject: Budget Increases: $108-$216 Per Pupil, 4% Revenue Sharing; 3% Higher Ed Special Update, Thursday, February 7, 2008, 12:24 pm Budget Increases: $108-$216 Per Pupil, 4% R evenue Sharing, 3% Higher Ed K-12 schools would get per pupil increases ranging from $108 to $216 and local governments would see a 4 percent increase in the statutory portion of revenue sharing under the $44.8 billion, $9.8 billion gen eral fund, budget for 2008-09 recommended Thursday by Governor Jennifer Granholm. Universities and community colleges would get a 3 percent increase under the executive budget proposal. The budget provides for $235 million in lower spending through savings and reforms (as expected $50 million of that would be with reforms and efficiencies in prison programs), and has $100 million t o deposit in the state's rainy day fund. Some programs would see the first increase in several years: the revenue sharing boost is the first since 2001 and the governor is recommending a 2 percent increase in the monthly grant in the Family Independen ce Assistance program, the first since 1990. The annual FIA clothing allowing would be increased to $75. The governor is proposing $1.1 billion in capital outlay spending in the current year and $250 million in 2008-09 as part of a one-time economic stimulus package. Other key elements include: • $31.5 million in early childhood education • $40 million in additional funds for the No Worker Left Behind program which brings total worker training spending in several programs to $618 million, • th e previously-announced plan to add 100 State Police troopers, • $10 million for a nursing corps program and $4.8 million in nursing scholarships as part of a mission to add 6,300 nurses over five years, • $3.35 million for mental health courts to provide treatment to non-violent offenders who would otherwise be sent to jail. The increases in per pupil spending would raise the minimum per pupil funding level to $7,420. The additional funds for universities would be distributed through a formula recognizing factors such as degree completion, enrollment of low-income students and federal research funding. Funding for the University of Michigan, Michigan State University and Wayne State University would also include technology and commercialization factors. The total budget, including fees and federal funds, is about $1 billion higher than the 2007-08 spending levels, while general fund spendin g is marginally lower. Here is the link to the full budget: h ttp://www.michigan.gov/budget/ . file:///SI/... 20Budget% 20Increases%20$1 08-$2 16%20Per%20Pupii%204%25% 20Revenue%20Sharing;%203%25%20Higher% 20Ed.htm[I 1/22/20 II II : 18:38 AM] � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Granholms-Executive-Budget Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book Granholm's executive budget Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book Granholm's executive budget. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50715 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/699baf637234f4ec6b54c32f446fc53a.pdf ea077fc4b24bba77b356efee3f1e2d44 PDF Text Text CLARK HILL MEMORANDUM PLC ATT ORNEYS A T LAW TO: Council of Michigan Foundations Government Relations Committee FROM: RobertS. Collier Duane L. Tarnacki Date: January 9, 2008 Subject: Low-Profit Limited Liability Company It has been proposed that the Michigan Limited Liability Company Act (the "Act") be amended to introduce a new fonn of limited liability company, the "Low-Profit Limited Liability Company" ("L3C"). The creation ofL3Cs is expected to encourage investment in struggling industries and allow for flexibility with regard to organizational structure. Although some states have considered adopting this legislation, Michigan may be the first. The purpose of this Memorandum is to address the key characteristics of the L3C and outline its benefits. 1. First, what is a limited liability company? A limited liability company is a popular investment vehicle that combines the benefits of a corporation with the benefits of a partnership. Like a corporation, the potential liability of investors is limited to their investment in the limited liability company. Like a partnership, there is no tax paid by the limited liability company. Any taxes are assessed on the investors, eliminating double taxation. 2. What is an L3C? The L3C is a special type of limited liability company created to enhance the flow of philanthropic investments and economic development activities such as creating jobs in economically depressed areas or supporting community revitalization. It would function as a type of limited liability company, intended to generate modest profit while carrying on a business that has a charitable purpose. The proposed legislation would require an L3C to engage in business activities that significantly further a charitable purpose and that have only the incidental goal of producing income or capital appreciation. The actual investment can take the form of a purchase of stock or other equity security, a loan, a loan guaranty, or any other investment that will further the investor's purpose. A foundation's investment in an L3C would constitute a program related investment by satisfying certain requirements of the Internal Revenue Code (the "Code"). The L3C would retain the flexible ownership structure of a traditional limited liability company, while providing a good vehicle for mixing different types of investors and social missions. S542634.2 00856/119126 5542634.2 00856/ 119 126 �MEMORANDUM 3. 4. PAGE2 Who can invest in an L3C? • individuals interested in social investing • governments interested in promoting community development • for-profit business organizations • private foundations • community foundations • other public charities Why establish an L3C? As an alternative to grantmaking, private foundations may make investments in the L3C which qualify as program-related investments ("PRis"). PRis are IRS sanctioned investments made by foundations to support charitable activities and that involve the potential return of capital over some period of time. Proposed language to amend the Act (see Exhibit A) and introduce the L3C in Michigan would track IRS regulations regarding PRis so that a private foundation ' s investment in an L3C would be a qualifying distribution for purposes of the Code's 5% minimum distribution requirement. Add itionally, investments in L3Cs would not be included in a foundation' s asset base for purposes of calculating minimum investment return, would not be considered business holdings for purposes of the excess business holdings prohibition and would not be considered jeopardizing investments. By introducing the L3C as a type of limited liability company in Michigan, certain legal fees, organizational costs and time constraints associated with PRis can be eliminated. In the past, foundations have spent significant sums in legal costs and fees to obtain private letter rulings from the IRS (which can take many months to process) to determine whether a foundation' s investment complies with the IRS regulations for PRis. However, once the proposed state legislation is enacted to establish this new form oflimited liability company, it is anticipated that the Internal Revenue Service and/or Congress can be approached to issue a formal ruling that the L3C meets its PRI requirements. Foundations will save time and money know ing that their proposed investment qualifies as a PRI, rather than seeking approval of each investment through a private letter ruling. The ultimate effect of the legislation would be to provide nonprofit organizations with a cost-effective and time-saving approach to furthering their charitable purposes. DLT:dmd 5542634.2 00856/1 19 126 5542634.2 00856/ 11 9 126 �MEMORANDUM PAGE3 EXHIBIT A Recommended Amendments to the Michigan Limited Liability Company Act to Implement the Low-Profit Limited Liability Company MCL 450.4102 is hereby amended to insert the following as new subsection (m): (m)"Low-profit limited liability company' means a limited liability company that has set forth in its articles of organization a business purpose that satisfies, and that is at all times operated to satisfy, each of the following requirements: (i) the limited liability company significantly furthers the accomplishment of one or more charitable or educational purposes within the meaning of section 170(c)(2)(B) oftitle 26 ofthe United States Code, 26 U.S.C. 170(c)(2)(B), and would not have been formed but for its relationship to the accomplishment of charitable or educational purposes; (ii) no significant purpose of the limited liability company is the production of income or the appreciation of property; provided, however, that the fact that the limited liability company produces significant income or capital appreciation shall not, in the absence of other factors, be conclusive evidence of a significant purpose involving the production of income or the appreciation of property; and (iii)no purpose of the limited liability company is to accomplish one or more political or legislative purposes within the meaning of section 170(c)(2)(0 ) of title 26 of the United States Code, 26 U.S.C. 170(c)(2)(D). MCL 450.4102 is hereby further amended by renumbering current subsections (m) through (u) as subsections (n) through (v) respectively. MCL 450.4204 is hereby amended to add a new subsection (1a) as follows: (1a) The name of a low-profit limited liability company must contain the words "lowprofit limited liability company" or the abbreviations "L3C" or "l3c", with or without periods or other punctuation. MCL 450.4803 is hereby amended to add a new subsection (l)(d) as follows: (1)(d) if the company is a low-profit limited liability company, has ceased to meet any of the requirements set out in section 102(m) and has failed for 60 days after ceasing to meet those requirements to file a certificate of amendment amending its name to conform with the requirements of section 204(1 ). 5542634.2 00856/119126 5542634.2 00856/ 11 9 126 �From: Tamacki, Duane - CLARK HILL P Sent: Monday, January 21, 2008 8:47AM To: Collier, Rob Cc: Minkus, Daniel H.; Kopietz, Joseph S.; Deldin, Deanna M. Subject: L3Cs--examples Rob, You have asked how we would anticipate that private foundations would utilize low-profit limited liability companies (L3Cs) in connection with program-related investments. In what we would characterize as the "typical" use, a private foundation would come together with other foundations or public charities and possibly private investors to jointly invest in this vehicle. The party who takes the lead in the project would likely be the party establishing the L3C. So, depending on the nature of the project and who initiated it, it could be the public charity, the foundation or a for -profit partner. Projects that would probably benefit most from the L3C structure would be community or economic development projects often where for-profit investors are interested in participating.One concrete example would be an affordable housing project where you have a for-profit developer (often, the general contractor), a community development corporation which is a public charity nonprofit and "sponsor" of the affordable housing project, a bank interested in meeting its Community Reinvestment Act requirements, the Local Initiative Support Corporation (LISC) providing a loan to the project and a grant from the county or other local government agency. The common investment vehicle used for a project like this today is often a limited partnership or an LLC. The L3C would serve as a much more desirable vehicle because it would allow private foundation investment without the necessity of the foundation obtaining a private letter ruling. In this example, the CDC would establish the L3C and would likely serve as the manager of the L3C and oversee the daily operations of the project. Through an operating agreement, the investors (as members) could negotiate various aspects of the project and investment, including details regarding the management of the L3C and how any return on investment would be allocated. If the private foundation invested in the L3C as a member, it would have a vote or right to have input over management of the L3C. In short, being a member of the L3C provides an ownership interest and some measure of management control. Depending upon the project, and depending upon the principal interests of the CDC in the project, the CDC could elect what level of "economic" interest to have -- or to have an entirely "non-economic" interest, reserving its role to that of having only a management or "veto power" type of interest in the project. Incidentally, because of the fit between L3Cs and affordable housing projects, we believe two potential partners who would support this legislation would be the Community Economic Development Association of Michigan and the Community Development Association of Detroit. Another example might be where a group of private foundations and other investors were interested in providing mezzanine financing to promote market rate housing redevelopment in an urban area by helping to combat community deterioration and urban decay. We are aware of at least one situation where a foundation affiliated with a civic organization created a fund to promote housing rehabilitation in a blighted downtown neighborhood. In that case, the civic foundation created it as a segregated fund and various corporations and private foundations made grants to capitalize the fund which loans money to for-profit developers to complete financing for housing rehabilitation projects. Had the L3C been available when this fund was created it would have provided the ideal vehicle for accomplishing the project because it would insulate the civic foundation from any potential liability arising from the program. It would also allow the grantors the opportunity to take an equity interest with the prospect for return of capital and some appreciation rather than being limited to grants (or loans) . Another likely use would be a situation in which two public charities agree to enter into a joint venture to undertake a new activity. Under current law, the charities would probably incorporate a new nonprofit corporation which requires filing an exemption application and obtaining an IRS determination letter for the joint subsidiary. Alternatively, they could choose to form an LLC, but, under existing law, the Articles of Organization must recite a "business" purpose. Michigan law does not provide for "non-profit LLCs." Given the character of the investment by the public charities, the reference to a "business purpose" can be problematic. Currently, the State will not accept Articles of Organization which describe the purpose as satisfying charitable standards under Section 501 (c)(3) of the Internal Revenue Code. The L3C should solve this issue as the proposed amendments to the statute specifically address the qualification of an LLC formed for the purposes identified by the Code. As such, the charity partners would enjoy limited liability and an exemption application would not be required for recognition of 501 (c)(3) status. Moreover, they would be able to maintain more direct involvement in the project to ensure that it proceeds as intended file:///SifBoards%20and%20Committees/CMF/Board/2007-08/2.12.08%20Meeting%20Materials/L3Cs--examples.htm[ 11 /22/20 I I II: 18:15 AM] �LEGAL NOTICE: This e-mail is for the exclusive use of the intended recipient(s). If you are not an intended recipient, please notify the sender by reply e-mail or by calling (313) 965-8300, delete the e-mail from your computer and do not copy or disclose it to anyone else. Unauthorized disclosure, copying, distribution, reliance or use is prohibited. Neither this e-mail nor its attachment(s) establish an attorney-client relationship, constitute an electronic signature or provide consent to contract electronically, unless expressly so stated by a Clark Hill attorney in the body of this e-mail or an attachment. FEDERAL TAX ADVICE DISCLAIMER: Under U.S. Treasury Regulations, we are informing you that, to the extent this message includes any federal tax advice, this message is not intended or written by the sender to be used, and cannot be used, for the purpose of avoiding federal tax penalties. file:///SifBoards%20and%20Committees/CMF/Board/2007-08/2.12.08%20Meeting%20Materials/L3Cs--examples.htm[ 11 /22/20 I I II: 18:15 AM] �Recommended Amendments to the Michigan Limited Liability Company Act to Implement the Low-Profit Limited Liability Company MCL 450.4102 is hereby amended to insert the following as new subsection (m): (m)"Low-profit limited liability company'' means a limited liability company that has set forth in its articles of organization a purpose that satisfies, and that is at all times operated to satisfy, each of the following requirements: (i) the limited liability company significantly furthers the accomplishment of one or more charitable or educational purposes within the meaning of section 170(c)(2)(B) oftitle 26 ofthe United States Code, 26 U.S.C. 170(c)(2)(B), and would not have been formed but for its relationship to the accomplishment of charitable or educational purposes; (ii) no significant purpose of the limited liability company is the production of income or the appreciation of property; provided, however, that the fact that the limited liability company produces significant income or capital appreciation shall not, in the absence of other factors, be conclusive evidence of a significant purpose involving the production of income or the appreciation of property; and (iii)no purpose of the limited liability company is to accomplish one or more political or legislative purposes within the meaning of section 170(c)(2)(D) of title 26 of the United States Code, 26 U.S.C. 170(c)(2)(D). MCL 450.4102 is hereby further amended by renumbering current subsections (m) through (u) as subsections (n) through (v) respectively. MCL 450.4204 is hereby amended to add a new subsection (la) as follows: (la) The name of a low-profit limited liability company must contain the words "lowprofit limited liability company" or the abbreviations "L3C" or "13c", with or without periods or other punctuation. MCL 450.4803 is hereby amended to add a new subsection (1 )(d) as follows: (l)(d) if the company is a low-profit limited liability company, has ceased to meet any of the requirements set out in section 102(m) and has failed for 60 days after ceasing to meet those requirements to fil e a certificate of amendment amending its name to conform with the requirements of section 20 5549296.1 00856/ 11 9 126 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Low-Profit-Limited-Liability-Company Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book low profit limited liability company Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book low profit limited liability company. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50716 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/2b84d1a1f62434bcccc09292f0f27446.pdf 41d79899f93d6f6c842f2d044e4262fe PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: February 1, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier David Lindberg RE: Proposed Membership Investment Increase 2009-10 The following resolution is proposed for your consideration and approval. RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting Apri11, 2009. Background The last increase in membership dues became effective with the fiscal year starting April 1, 2004. At that time it had been nine years since a dues increase, so a 20% increase was instituted to make up for the lack of adjustments over the years. After reviewing the latest three year projection, a copy of which is attached, management is recommending a 10% dues increase effective April1, 2009. Action on this recommendation is being requested now to allow sufficient time for the Membership Committee to examine the Dues Structure and bring proposed changes to the Board of Trustees in May, and the Communications Task Force has time to develop a communications plan for the staff to implement at the October Annual Meeting. Projection 2009-10 to 2011-12 Key items to note in the attached three-year projection: Membership Investment The current dues are projected to increase approximately $30,000 per year assum ing net new members plus the increase in members' asset levels. Additional Member Contributions This projected budget assumes that the $150,000 form the W.K. Kellogg Foundation will continue beyond 2009-10, the last year of the current five-year grant. �Membership Investment February 1, 2008 Page 2 Other Grants - Detroit Office The current grant from the Skillman Foundation ends in 2008-09. The current projection assumes a replacement grant of$25,000 per year is secured for the next three years. Publications The attached projection assumes the Michigan Foundation Directory is now produced every third year. Wages & Benefits 2009-10 is the last year of the three-year phase in period for the salary adjustments recommended as a result of the Mercer compensation study. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Membership-Investment Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book membership investment Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book membership investment. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50717 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/4baac7816664b5c3c2fcbb71a0931b96.pdf 269212310fc75c84d4f7c170b3c96f0f PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: January 30, 2008 To: Diana R. Sieger, Chair and Members of the Board of Trustees From: Rob Collier, President & Jeri Fischer, Membership & Special Projects Director Re: Membership Report The following resolution is presented for action. RESOLVED that the following grantmakers be approved for membership: Fair Food Foundation, Ann Arbor Dr. Oran B. Hesterman, president & CEO • Formed in January of2007 with a mission to create equity in access to healthy, fresh and sustainably-grown food in vulnerable urban communities. Between $ 12 and $20 million will be awarded annually. The Art and Mary Schmuckal Family Foundation, Traverse City Arthur M. Schmuckaf, president • Established in 1999 with primary grantmaking locally. Current assets are $4.6 million with grants of more than $260,000. In 2005, the Schmuckal family served as our honorary chairs at the 33rd Annual Conference. The Fred A. and Barbara Erb Family Foundation, Binningham John M. Erb, president • Founded in 2007 with current assets of $7 million. Activity Summary for period April 1, 2007 through January 30, 2008 Memberships at 4/ 1107 New members Dropped Membership at 1/30/08 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 405 9 17 397 340 86% $ 995,875 29 $ 190,960 �Membership Report January 30, 2008 Page 2 Summary of current membership The following chart summarizes the current membership composition of397: Private: 227 Family Foundations Independent Foundations 171 56 96 Community: Foundations Affiliates Donor-Advised Funds 56 Foundations Giving Programs 25 22 33 7 47 Corporate: Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 19 18 1 8 7 1 397 397 Dropped from Membership These 17 members are being dropped for four primary reasons: 4 are out of state 2 are going out of business 5 are not grantmaking 5 have no interest in participating 1 is covered by a different membership Charles Anthony Foundation (limited assets, no participation) The Batts Foundation (no interest/participation) Cable Communications Public Benefit Corporation (no grantmaking) Earhart Foundation (going out of business, did not like CMF Principles) Fifth Third Bank (foundation joined, no need for corporate giving representation too) Marshall M. Fredericks Foundation (out of state CA, no participation) Free Press Charities (out of business) Clarence and Jack Himmel Foundation (no interest/participation) Loomis, Sayles & Company, L.P. (no grantmaking) Michigan Humanities Council (no grantmaking) Sid Mittra and Bani Mittra Family Foundation (no assets or grantmaking) Nartel Family Foundation (no interest/participation) Pfizer Corporation (corporate headquarters in New Jersey, no participation) Sinai Medical Staff Foundation (single interest foundation, no participation) Tapestry Foundation of M ary Carmel and Thomas Borders (out of state TX, no participation) Target (out of state MN, no participation) Winship Memorial Scholarship Foundation (no interest by new contact person) � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Membership-Report Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50718 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/68d83737da8908d21143b797f36162f2.pdf 4410da7e3fba26d7ea2260fedd20fbf5 PDF Text Text CMF Council of M ichigan Fou ncfat ions Serving grantmakers. Advancing giving. February 2, 2008 Memo to: Members of the Board ofTrustees From: Diana Sieger, Chairperson, Rob Collier, and Dave Lindberg Re: 2008 Proposed Plan of Work The following Resolution is presented for your consideration and approval. RESOLVED that the 2008 Plan of Work, as reviewed by the Executive and Audit Committees, be approved as presented - a copy of which is enclosed. Background Enclosed is a BIG one page summary of the Plan of Work that indicates both Highlights this year and proposed NEW Activities for the 2008 year. We will have a PowerPoint presentation at the Board Meeting so do not strain your eyes with the fine print. This Plan of Work is built on the Board approved Strategic Plan. As indicated in the Minutes ofthe Executive Committee, there are no substantive changes in the goals, objectives and strategies. The key points from the standpoint of resources are: • • • Staff will be added to handle corporate services and the Diversity and Inclusion Initiative. While a regional approach is going to be taken to reinvigorating the Membership Committee, outside grant support will be needed for the positions of Vice President Membership and West Michigan Family Foundations Coordinator. The Office of the Foundation Liaison will need to be refinanced in order to continue beyond October I, 2008 But CMF has a long track record of leveraging resources. As we begin our 361h year, the opportunities to bring increased value to our members through the partnerships in this Plan are exciting. After the Plan of Work you will find a summary of key partners: BoardSource, GrantCraft, GEO, the Diversity in Philanthropy Project and the Johnson Center. We look forward to discussing this Plan of Work with you. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Overview of GOALS ADVOCATE for a legislative and regulatory environment conducive to philanthropy OBJECTIVES Achieve goats of legislative statement (updated annually) STRATEGIES 1. Advocate for goats in legislative statement 2. Represent Ml p hilanthropy w ith state and federal government 3. Educate policymakers about the philanthropic sector EDUCATE foundation trustees and staff abOut effective practice Increase foundation trustees and staff knowledge and skills in: administration, advocacy, communications, cultural competency. finance/investment, fund development governance and grantmaking Provide programs. resources and technical assistance INCREASE organized Increase the number of professional ad.-isors who understand a nd e ncourage clients to gi.-e 1. Pro.-ide programs, resources and technical assistance philanthropy in Ml I,H""e""lo""ra""'m"'me""•~.;""od"";,""ld,..."'"''•"'•"'"od'"o""o"'ro""or""au"" ·o o""•-w""ith'"'t""he"' ;,--12. Pro.-ide individualized on-site consulting giving options Build capacity of Ml comm. foundations to attract, serve and retain donors LEAD and support collaborative philanthropic responses to critical needs Increase member foundations' engagement in public policy 1. Educate members through programs and resources 2. Support & facilitate individual and collective member action Respond to members' requests for help with special projects 1. Serve as fiscal agent for public private partnerships 2. Increase capacity of Midwest community foundations through Mid west Community Foundations' Ventures (MCFV) 3. Contribute to national and global dialogues o n ad.-ancing community philanthropy NETWORK Michigan grant makers with each other and with grantseekers Strengthen the network of Michigan grantmakers t _Provide programs and resources 2. Build partnerships with national Iunder affinity groups 3. Partner with MNA and others on Michigan events Improve grantseekers understanding of Michigan philanthropy PROMOTE the role and i mpact of M l foundations and corporate giving programs Raise the visi bility of CMF members and CMF 1. Provide leadership for coordinated regional/national communications on the sector 2. Publish article s, reports and studies Mission: To strengthen, promote and increase phlltmthropy in Michigan. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Inform members about issues affecting the field. bes t practices and member activities OPERATE a model membership association Maintain a sustainab le membershi base Operate effec tive governance system 4_ Engage In media relations 1. Retain and recruit members 2 . Operate Board & Committees using best practices (Audit. Community Foundation. Corporate, El(ecutive. Family, Governance. Government Relations, Investment, Membership, ~0<:0:::.,:::,.::-e"'•t" t 10 ::c u"' 1,,...-lPubllc Policy, Supporting Organizations ) 1.:::.,::.;; 11:::"":::""-';o"'oo"'a"od:-:,:::,,::c1e::m::,-:eff"-e"'c·,.::-; a nd efficiently 3. Finance & Administration. Human Resources. Technology. Communications /Mart<.eting; Organizational DevelOpment· Strategic Planning Mission: To strengthen, promote and increase philanthropy in Michigan. �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Mission: To strengthen, promote and increase phlltmthropy in Michigan. IY08 Goals Objectives Strategies Ongoing Activities & Proposed New Activities ONGOING ACTIVITIES Education of Ml legislature (with contracted support from Public Affairs Associates) PROPOSED NEW A CTIVITIES FY08.09 National: Revisions to Form 990-PF; IRS white papers on donor advised funds and supporting organizations: extension of IRA Charitable Rollover (1)CEO service on NPO Advisory Committee to State Attorney General; Public Polley o r Government Relations Committees of MI\A, United Way of Ml, Independent Sector, COF, Forum of Regional Associations; (2) testifying to legislative committees upon request: (3) building/maintaining relationships with relevant committee chairs. House/Senate leadership, and Ml Congressional Deegation State: Revisions to the Charitable Solicitation Act; passage of UPMIFA; revisions to the Michigan Nonprofit Corporation Act; revisions to the MBT Tax Credit: Passage of l3C legislation Targeted meetings w ith members and Lansing pollcymake rs on the MBT and L3C legislation Foundations on Hill with members; co-sponsor Nonprofit Day; Fellowship; p roviding Ml Foundation Directory/Update and d istrict· specific information to policymakers Programs: 60+ ongoing Programs o n Diversity & Inclusion: D iversity & Inclusion CEO Focus Group; Cultural Competency Institu te with Alliance for Nonprofit Management; Diversity and lndusion K nowledge Symposium w ith Diversity in P hilanthropy Project Resources: michiganfoundations.org, e-newslelters. publications. information services and resea rch TeChnical Assh\tance: on-site. by phone. web-based and through partnerships Other programs offered through partnerships: Communications Webinars with Andy Goodman: Being an Effective Board Chair w ith BoardSource; How Grantmakers Learn with G rantCraft; General Operating Support Roundtable with GEO Resource Updates: Creating and Managing a Family Foundation, Scholarship Guide; Corporate Giving/Matching Gift Guide St2te associations (lawyers, CPAs): offer workshops: provide C LE and CPE credits: provide technical assistance Pilot workshop w ith Financial Planners Association Publish annua l update on Est. a Charitable Foundation Offe r special ha lf-day seminar for Professio nal Advisors at the Annual Conference o n Establishing a Charitable Foundation in Michigan Market CMF to advisors via ads/personal outreach as resource for clients Professional services on fund development. strategic planning. technology and legal Public Policy Committee briefings (3). affinity g roup events (1 per group) Assi st M ichigan Department of Human Services with Child Welfare Reform Initiative Partner w ith OFL. nominate members for state commissions/committees; facilitate affinity and Iunder network groups: Aging, Land Support Skillman NeighborhoOd Initiative fOf family foundations Use, K-12, Arts, Early Matters, Economic, Women & Girls, Be Ready by Five Hold Summit Meeting on State Economy Fiscal Agent Office of the Foundation liaison, Early Childhood Investment Corporation Continue support of Asset-Building Polley P rojflCt through CEOAM MCFV Initi atives: Molt Regional Marketing: Kellogg Access to Recreation: Transfer of Wealth Na :ional & International: Yo uth grantmaker technical a ssistance outside of Ml: host i nternational visitors; Wor1dBank Global Fund, W I\IGS. TCFN Programs: Spri ng Regional Members Meeting. OAG, Ml Evening · COF and Communicatio ns Netwo rk Conferences. Mt FOfum of Afrcan American Philanthropy, Communications Network-Michigan Pilot regional family foundation lunch gatherings Update Common Grant Application for Web Re sources: column on Ml P hilanthropy for MNA links, present at grant writing/seeking workshops: Ml Foundation Directory & Up jate Invite Philanthropy Roundtable to sponsor session at CMF 36th Annual Conference Events: co-sponsor MNA Nonprofit SuperConference Serve on Committee$/Task Forces (Forum/COF Communications Collaborative, Accountability & Effectiveness Task Force. Conmunications Network Board) G i\ ·i ng & Volunteering Study with MNA Assist Detroit Renaissance i n serving Business Contribulions Council Hold corporate event for Senior VPs ·very visible· to highlight and honor corporate contrib utions staff tra ined by Boston College partnership �c.v:s~t ----- Proposed FY2008-2009 Plan of Work as of 2.4.08 Mission: To strengthen, promote and increase phlltmthropy in Michigan. Ml Philal'lthropy Oral Hi story Proj ect Coordinate Philanthropy 3D-Michigan Project • partn&ring with W isconsin a nd Indiana NeNsWire (weekly), E-News (monthly); Memo to Members/Family Philanthropist insert (Jx); Member Alerts PrOduce State of Givif19 in Michigan Report C01tact w ith each member a nnually Form regional membership committees for retention and recruitment Introductory packets to new foundations cert1fled by Dept. of Labor and Economic G rowth l aunch Transforming Michigan Philanthropy through Diversity and Inclusion (year one out of five) Cowene Board 3x a year and committees at least once annually. board traini ng on cultural competency Annually: audit. budget process, performance reviews. review of personnel policie s �Proposed FY2008-2009 Plan of Work as of 2.4.08 FY07 HIGHLIGHTS Co1tinuabon of CF tax credit lot businesses under MBT in lansng lntJoductJon of l3C legis'-lion In Lansu.g Sh..dy on private loundallon excise tax Extension of IRA CNritabla ROllOver In Wuhington Essen/JIJI $lulls and Strategies for New Gran/makers • New Curriculum rollout in Michigan • 49 participants Fint·aver Communications NetwOfk·Michigan Event GuntCralt WorkshOp: What's Role Got to Do W llh It? r.p,s and Tools for Michigan Foundations distributed to all Michigan nonmember private foundations ASJIS!ed Google on corporate gfvlng In Ann ArborM'ashtenaw County Upjated Professional Adv•sors area on mlchlganfoundations.Ofg Co,pleted county·by-oounty Transfer of w ..lth analysis for Ml, IL and OH through MCFV Expnded edUCIItion atfinlty group. K-18, to include community colleges Skllman Foundation funded new public policy fellowship tied to the nabonal Netghborhood Funden Group Re::.Ned funding 1o launch Diversity & Inclusion initiative MCFV Accesskl RecreatiOfl funded 21 community 10\I'W:Iabon grants totaling $7,780,000 in MI, IL, IN & OH Oo,neu Mersereau, Chair, Grant Review Committee Met Member. Management Committee. WINGS GlObal Fund I·Cih::kers a t Annual Conference Introduced new learning experience COTimunlcaUons Network·Michlgan launched as new a ffinity group Gr1nt Resources Face 10 Face· a grant workshop tor 300 nonprofits in the Detroit area in cooperation with Senator Levin's office La unched new web aile with new domain: mlch•ganfoundat.ions.org Re::eived Packard and Forum grants lor Phlenthropy-3D Michigan Project 4 Wlchigan Philanttvopy Oral Hlllory stories broadcasted on Michigan RadiO in October 2007 Mission: To strengthen, promote and increase philanthropy in Michigan. �Proposed FY2008-2009 Plan of Work as of 2.4.08 2 t.ewsWire articles picked up by two partner publications in 2007 (COF, W a shington Grantmalters) Re::onsbtuting Membership Comm•Uee. cr. .bng ragKINII chairs fCK s tatewide outreach Etlebllshed a $600,000 operat.ng endowment fund, a first in the Regional Assoc•ahon field Further d•vers•fled the Investment portfotiO with Alternative Funds Staff training on l acing racism and generational differences Mission: To strengthen, promote and increase philanthropy in Michigan. �CMF Council of Mich igan Foundations Serving grantmakers. Advancing giving. Pk J Wor£Hi .ll!dfh 7 ,2007-200J "J ' Board of Trustees Meeting - February 13, 2008 1 �• Continuation of CF tax credit for businesses under MBT in Lansing • Introduction of L3C legislation in Lansing • Study on private foundation excise tax • Extension of IRA Charitable Rollover in Washington "CMF is recognized nationally as a leader in the field ofphilanthropy, providing not only tremendous service to its own members, but as a voice of reason and integrity with Congress." • Revisions to Form 990-PF • Revisions to MBT Tax Credit • Passage of L3C legislation �• National rollout of Essential Skills & Strategies for New Grantmakers (ESS) curriculum - 49 participants • GrantCraft Workshop: What's Role Got to Do With It? • Tips and Tools for Michigan Foundations distributed to all Michigan nonmember private foundations "I can't emphasize how much the ESS is helping me. I was struggling to come up with a 'docket' for evaluating grant requests and a format in the materials is working very well.• • Diversity & Inclusion: - CEO Focus Group - Cultural Competency Institute with Alliance for Nonprofit Management - Knowledge Symposium with Diversity in Philanthropy Project • Being an Effective Board Chair with Board Source • How Grantmakers Learn with GrantCraft • General Operating Support Roundtable with GEO �• Assisted Google on corporate giving in Ann Arbor/Washtenaw County Go • Completed county-by-county Transfer of Wealth analysis for Ml, IL and OH through MCFV "Once again, CMF has provided an immeasurable service to our community foundation. We are ever grateful for your guidance and leadership!" • Pilot workshop with Financial Planners Association • Annual Conference seminar for professional advisors on Establishing a Charitable Foundation in Michigan �"\.I I - - • MCFV Access to Recreation funded 21 community foundation grants totaling $7,780,000 in Ml, IL, IN & OH • Received funding to launch Diversity & Inclusion initiative "It is surprising how many things CMF is involved in on behalf of its members. It is a terrific resource of information, helps form strategic partnerships between members and state officials and is simply there whenever a foundation has a question or a problem. That is the mark ofa great association." • Assist Michigan Department of Human Services with Child Welfare Reform Initiative • Support Skillman Neighborhood Initiative for family foundations • Hold Summit Meeting on State Economy Continue support of Asset-Building Policy Project through CEDAM �Communications NetworkMichigan launched as new affinity group -first statebased affiliate in the nation Grant Resources Face to Face - a grant workshop for 300 nonprofits in the Detroit area in cooperation with Senator Levin's office !-Clickers at Annual Conference introduced new learning experience "It was a wonderful and timely opportuni ty for me to meet and connect with other foundation communication professionals. Thank you!" Pilot regional family foundation lunch gatherings Update Common Grant Application for Web Invite Philanthropy Roundtable to sponsor Annual Conference session �• Received Packard and Forum grants for Philanthropy-3D Michigan Project • 4 Michigan Philanthropy Oral History Project stories broadcasted on Michigan Radio in October • 2 NewsWires picked up by partner publications (COF, Washington Grantmakers) Mt CHl GAN PohliJgJttp~ore9rP Y "It's a wonderful experience to know that you are recording your thoughts and experiences for others to hear and learn from now and into the future. / was honored to help launch this truly amazing project." • Assist Detroit Renaissance in serving Business Contributions Council • Launch Michigan Philanthropy Oral History Project Archive at the Johnson Center • Coordinate Philanthropy 3D-Michigan Project - partnering with Wisconsin and Indiana • Produce State of Giving in Michigan Report �• Reconstituting Mem ership Committee with regional chairs for statewide outreach • Established $600,000 operating endowment fund, a first in the regional association field • Further diversified the investment portfolio with alternative funds • Staff training on facing racism and generational differences 'The research assistance you provided is wonderful and a great help. I don't know how I would have been able to complete this project without you (and certainly not in such a timely fashion). Thank you so much." • Form regional membership committees for retention and recruitment • Launch Transforming Michigan Philanthropy through Diversity and Inclusion (year one out of five) �michiganfoundations.org • GetCo<lnect ed Gov. Granholm c1tt<S the work of M\chig&n foundiltloos OJS iM prcpO!-tsa newl1stcenturv e duca.l:iona.t initiati'~eaimed at r e ducin!! th~ high-~oehoot drop-<lut r4te, pi"OI.Iid1ng new • Join(H,f " AEiendhenU / opportunitles forthestate'sworldorcea.nd s purri111: newand ~ R~~d NeW5 5U~t..inob'-' economic: !lrcwlh lhr~h ~He r ..ducatian. ~ ~ search Mem-ber New M1chq;~1n ABFE Fel1owa Strrv• To Engage More Atncan-Amencanaln Philanthropy P05.t.o.d: 2/112008 · C1Jif NE-wsWin• Eneaei~ more i ndMdum of cclor in the work of philanthropy 1s ~ bP'orc (;Nom; Option:. Direc tory Manage lndividua ~ Edvcatio.,al ~rams • Pr~h '~ . 'kt.borations Pre,feren•cejr, • G"""m......,.,t l>if,,;,... • Effectt<~e P'ra.cDce • .wcMq,..nPhllan~i ~ Find A Job • Se.vch Knowledeeb~ one of the 11uin so.b. for two Mich~n foundation staff who h•ve been selo<;tild fer the 2003 Association of Black Found~tlon Exec:utivel' ConoecM!I Le.,det"'l. f.,llgw<hip PrO!Vam. ~ Foundations on the Hill Need to Kno"¥1 More About • Found~tio"s' Support for Mentorin~ Program~ Buitds i n March 4-5\ 2008 the U.S. 'The new online registration process is a breeze!" �CMF Council of Michigan Foundations Organizational Chart Serving gr'Oiftmakers. Ad11011cing giving. Special Projects Board of Trustees Midwest Community Foundations' Ventures (MCFV) Michigan A IDS Fund (MAF) �PARTNERS BOARDSOURCE Mission: BoardSource is dedicated to increasing the effectiveness of nonprofit organizations by strengthening their boards of directors. Web site: http://www.boardsource.org/ GRANTCRAFT Purpose Statement: GrantCraft is a project of the Ford Foundation designed to encourage conversations and reflection about the practice of grant making. Grantrnakers' practical wisdom is distilled into guides, videos, workshops, and other tools that present the practitioner's view of philanthropy. Web site: http://www.grantcraft.org/ GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS (GEO) Mission: GEO's mission is to maximize philanthropy's impact by advancing the effectiveness of grantmakers and their grantees. Web site: http://www.geofunders.orglhome.aspx DIVERSITY IN PHILANTHROPY PROJECT Mission: The Diversity in Philanthropy Project is a voluntary initiative of over 30 leading foundation trustees, senior staff and philanthropy network executives committed to increasing diversity through open dialogue and strategic action. Web site: http://www.diversityinphilanthropy.com/about_ us/ DOROTHY A. JOHNSON CENTER FOR PHILANTHROPY AND NONPROFIT LEADERSHIP Mission: As an academic center, we improve communities by the application of knowledge, which unleashes the power ofnonprofits, foundations, and individuals. Web site: http://www.gvsu.edu/jcp/ � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Plan-of-Work Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book plan of work Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book plan of work. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50719 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/d2e16475d19a3afd4156e4ee84f8703e.pdf 2bb3d1aa65bdffec470c76ef1c57604f PDF Text Text CMF Council of Michigan Foundations Serving grantmaker5. Advancing giving. February 1, 2008 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report I am taking a new approach to the President's Report in 2008 by organizing it around our six core goals that serve as the basis for our Strategic Plan. As noted in the Agenda, I will ask: Carol Paine McGovern to report on the Government Relations Committee under Advocacy, Kathy Ginocchio to remind us of the value ofmichiganfoundations.org under Educate, Dave Egner and Jaclyn Miel-Uken to report on the Public Policy activities under Lead, and Caroline Chambers and Rachel Mraz to comment on the Annual Conference under Network. As usual there is so much to share. I. ADVOCACY STRATEGY- To advocate for goals in Legislative Statement supporting a legislative and regulatory environment conducive to philanthropy January 22, 2008 - Government Relations Committee Conference Call The Committee met with members ofCMF's affinity group Funders Concerned about Michigan's Economy to be briefed by Duane Tamacki and colleagues from Clark Hill and Becky Bechler, lobbyist from Public Affairs Associates, on the proposed amendment to the State's Limited Liability Act for creation of a Low-profit Limited Liability Corporation (L3C). Attached are three documents from Clark Hill- a memo describing what an L3C is, an email offering two examples of how it could be used by foundations, and the draft Bill language. The CMF Board approved this as a goal at last October's Board Meeting. There was consensus by all on the call that CMF should go forward in introducing the legislation. Since the call, with Becky Bechler's help, I have met with Senator Jason Allen, Chair of the Commerce Committee, who has agreed to introduce the Bill. While he is making it a priority, testimony before his Committee is unlikely before March. March 4-5, 2008 - Foundations on the Hill Also attached is the information on Foundations on the Hill. We are excited about having a special tour at the Museum of the American Indian to start our Hill visits. With extension of the IRA Charitable Rollover, the domestic Hedge Fund issue, the L3C legislation noted above, and the Donor Advised Fund Report from the Treasury, there is plenty to discuss with our Members of Congress. We are pleased to have nearly 30 registered, but are seeking more CMF members to join us from targeted Districts. II. EDUCATE STRATEGY - To provide programs, resources and technical assistance �President's Report February 2008 Page 2 November 12, 2007 - Family Philanthropy Symposium CMF, in partnership with the Community Foundation for Southeast Michigan, was delighted to host 25 family philanthropists for one of the ten nationwide "conversations" on the challenges and opportunities of family philanthropy. Led by Ginny Esposito, the founder and president of The National Center for Family Philanthropy, the series of mini-symposia, marking the Center's l01h anniversary, will culminate in a national symposium and book in 2008. November 13, 2007- Green Collar Jobs and Clean Technology Innovation Forty participants came to hear Lauren Bigelow, Managing Director of the Cleantech Network™, talk about creating new green collar jobs and their potential for encouraging economic development in Michigan based on principles of sustainability. The moderator was Oran Hesterman, Fair Food Foundation. December 11, 2007- The Arts: Venerable and Vulnerable Seventy-seven grantmakers gathered at the Detroit Institute of Arts to learn about the innovative solutions that the region's arts organizations are developing in order to sustain their work in this most challenging of economic times. Following a welcome by Graham Beal, Director of the DIA, speakers included Steve Hamp, Chair, and Maud Lyon, Founding Director of the Cultural Alliance of Southeastern Michigan; and Mike Latvis, Director of Advocacy, ArtServe Michigan. The moderator was Douglas Bitonti Stewart, Max M. & Marjorie S. Fisher Foundation. January 8, 2008 - Michigan First Health Plan Janet Olszewski, Director, Michigan Department of Community Health, presented an update of Governor Granholm's 2006 Michigan First Health Plan that would harness state, federal and private resources to give over 500,000 uninsured Michigan citizens access to affordable private health care. Forty-nine grantmakers joined in this important discussion of health care in Michigan. The moderator was Elizabeth Greaves-Hoxsie, Blue Cross Blue Shield of Michigan Foundation. November 15, 2007- January 10, 2008 - Family Philanthropy Teleconference Series The following topics were featured in the monthly teleconference series which is free to CMF members: The Giving Family: Involving Children in the Family's Philanthropy (Nov. 15, 2007) Understanding the Impact of Family Philanthropy (Dec. 13, 2007) The Lawyer Is In: Legal Issues for Family Foundations (Jan. 10, 2008) January 14-15 -What's Role Got to Do With it?. Kalamazoo Twenty-seven members participated in "What's Role Got To Do With it?,", a workshop led by Jan Jaffe, project leader, GrantCraft and Bill Ryan, Hauser Center, Harvard University. Participants ranged from newly hired program officers to foundation CEOs. 80% of participants gave this highly interactive workshop ratings of excellent or very good in tenns of its usefulness in increasing the effectiveness of their work. We are grateful to The Fetzer Institute which provided housing, meals and meeting space for the workshop and the Retreat Reunion discussed below at Seasons, the Institute's retreat center in Kalamazoo. �President's Report February 2008 Page 3 January 15-17- Heart of Philanthropist Retreat Reunion, Kalamazoo Five members and Vicki Rosenberg participated in a reunion of participants in the Heart ofthe Philanthropist Retreat series conducted by The Fetzer Institute and CMF from 2002 through 2004. The original series, based on a model used with K-12 teachers across the country, was designed to teach participants to be reflective about their work and to strengthen connections between their personal and professional lives to improve the quality of both. January 14-18- YAC Advisor Roundtable Discussions Fifty Y AC Advisors, representing over forty community foundations, engaged in the 2008 YAC Advisor roundtables. Over the course of the week, three Experienced YAC Advisor calls were offered as well as two New YAC Advisor calls. Participants shared success stories and brainstormed ideas for how to meet the Best Practices. Mike Goorhouse presented an overview of opportunities for collaboration and training during the 2008 calendar year, and reviewed state-wide goals for the Michigan Community Foundations Youth Project (MCFYP). January 31 - SE Michigan Program Officers' Roundtable luncheon The January Program Officers ' luncheon was hosted by the Community Foundation for Southeast Michigan (CFSEM). Participants learned about the unprecedented growth experienced by CFSEM, increasing its grantrnaking from $25 million in 2006 to over $45 million in 2007, where the growth is coming from and the new projects being developed as a result. February 2-3 -Michigan Community Foundation Youth Project (MCFYP) Committee Retreat The MCFYP Committee, comprised of twelve youth and three advisors fro m Community Foundation Y ACs, met face-to-face at the Sherman Lake YMCA camp for their annual retreat. They spent time developing facilitation and board service skills while establishing the goals and objectives for state-wide technical assistance. In addition, the committee began to plan the content for the 2008 Youth Grantrnakers Summer Leadership Conference to be held June 27-29 at the University of Michigan. They were honored to have been joined by Russ and Lou Ann Mawby for dinner on February the second. www.michiganfoundations.org Redesigned with more resources, new functionality, a sophisticated new look and a brand new name, CMF's web site- michiganfoundations.org- officially launched in late fall 2007. Developed as part of the Forum of Regional Associations ofGrantmakers' Knowledge Management Initiative, it is the first fully-integrated web site to launch on the shared software platform. Several other regional associations of grantmakers will follow in our footsteps later this spring. Altogether, almost half of the regional associations in the country are contributing to the software and development costs for a shared member database, website development platform, and comprehensive knowledgebase of resources for grantmakers. Highlights: • Knowledgebase- the best resources from the network of 32 regional associations and other • Enhanced Member Directory - expanded search criteria and access to CMF member individuals • Online event registration and purchasing of CMF publications- secure, flexible, convenient • Individual member access - members can update their contact information, communications preferences, and create their own username and password • Automated usernan1e and password retrieval system �President's Report February 2008 Page4 Since launch, hundreds of members have registered for events, accessed member-only materials and contacted colleagues through these new functionalities resulting in a decrease in CMF staff time fom1erly needed to manage these transactions. During December 2007 and January 2008, Kathy Ginocchio, director of technology, hosted two members-only orientations to the new web site. Similar training will be offered as CMF adds additional enhancements such as shared work spaces for members. III. INCREASE STRATEGY- To provide programs, resources and technical assistance to build the capacity of community foundations In February, over 50 community foundation CEOs from Ohio and Michigan will attend the 3rd Annual joint retreat to be held in Detroit. Topics for this year's retreat include the Transfer of Wealth Analysis, Access to Recreation, and Civic Capacity and Cultural Competency. In March, Michigan community foundation Program Officers w ill gather in Kalamazoo, MI for their retreat IV. LEAD STRATEGY- To educate members through programs and resources Enclosed is a two-page report from The Public Policy Committee STRATEGY- To contribute to national and global dialogues on advancing community philanthropy Donnell Mersereau presented at two Transatlantic Community Foundation Network (TCFN) Peer Exchanges since our last board meeting. The first TCFN Peer Exchange in Victoria, B.C. in November 2007 focused on community indicators as a unique way to inform community foundation grantrnaking and their role in the community. The overall learning objective was to identify key requirements for an effective indicator program. Issues studied were data collection and interpretation, indicator selection, community consultation and engagement, publication of indicator reports as well as the subsequent evaluation process. Participants from Canada, the United States, the United Kingdom, Ireland, Italy, the Czech Republic, Slovakia and Germany discussed these issues on the basis of individual case studies. Donnell Mersereau presented NOVAH© a new- patent-pending- project of the Grand Rapids Community Foundation in Michigan and the Community Impact curriculum created by the MCFV R&D Incubator. Discussion at the Peer Exchange showed that indicators are an excellent way of understanding what is happening and what is important in local communities. Donnell remained in Victoria to lead a strategic planning session with the staff and board of trustees of the Victoria Community Foundation. "From Donor Services to Donor Engagement" was the theme of the second TCFN Peer Exchange which took place in Bruges, Belgium in November, 2007. The meeting was hosted by the Community Foundation West-Flanders (Streek Fonds West-Vlaanderen) and focused on strategies for emerging community foundations to approach and engage donors. Donnell Mersereau's presentation focused on how board members of a community foundation can be engaged and motivated to play an active role in this process. Participants from the United States, Canada, Mexico, the United Kingdom, Poland, Latvia, �President's Report February 2008 Page 5 Spain, Belgium and Germany presented several case studies that addressed these issues and further explored them in small breakout groups and plenary discussions. Discussions were further enriched by the active participation of several board members of the Community Foundations West-Flanders who shared their views and experience as ambassadors of the community foundation. Donnell was invited to represent MCFV on the Council on Foundation's (COF) Knowledge Management Exploration Team. Knowledge management is the process by which an organization captures, analyzes, and makes available intellectual capital in and among organizations. Improving knowledge management and encouraging cooperation among foundations have been identified as central to the strategic goals of the COF's Community Foundation Leadership Team (CFLT). According to the CFLT 2007-2010 Plan of Action, community foundations "need an effective vehicle for mutual learning and collective impact" and should "act as a field by coordinating and linking their work." The Knowledge Management Exploration Team met in Washington DC in November to help CFLT to effectively connect community foundations and ensure that the field is moving forward together through collaboration and information-sharing. In February, Donnell Mersereau, in partnership with MCFV and Ohio Grantmakers' Forum, will work with COF staff to process over 100 Community Foundation National Standards submissions for compliance. Immediately following her week in DC, Ms. Mersereau will travel to Indianapolis, IN to participate in a strategic planning session for COF's Standards Action Team to revamp National Standards for the re-certification process in 2010. IV. NETWORK STRATEGY - To provide programs and resources 36111 Annual Conference, October 12-14,2008, Grand Rapids We have advanced the planning process for the Annual Conference with leadership from CMF trustees, Caroline Chambers and Rachel Mraz and member Milt Rohwer who are serving as co-chairs. The conference will continue to focus on Transforming Michigan with a new subtitle developed to reflect the proactive leadership foundations are taking. The first Meeting of the Conference Committee was held on January 29. An eye-catching save-the-date card (copy in the back pocket of your Board notebook) has already been mailed to about 5,000 foundation staff and trustees. The Capitol Steps have been retained for our Opening night event at the Amway Grand. The Grand Rapids Art Museum will be the site for the Monday evening event. Our goal is to have the Conference registration brochure mailed in May- two months ahead of last year's schedule. The Conference goals are to: o Provide participants with opportunities to reflect, refresh, and network with peers; be exposed to the latest knowledge and issues facing philanthropy; and learn at least one new skill or resource to help them be more effective. o Design an event that recognizes, honors and welcomes all participants in line with our goals for cultural competency o Attract 310 full and 240 paid registrations o Secure $165,000 in sponsorships and $26,000 in exhibitor fees. (Draft sponsor and exhibitor fonns are included in the back pocket) �President's Report February 2008 Page 6 The conference schedule has been redesigned to begin with an opening keynote at 4:00pm on Sunday, October 12 and to end by 3:45pm on Tuesday, October 14, 2008. The Board Meeting will still take place on Monday afternoon, October 13. Conference planning and implementation is being handled by a team with roles are as follows: • Kathy Ginocchio, logistics • David Lindberg, sponsorship and exhibitor recruitment • Becky Noricks, marketing • Vicki Rosenberg, program VI. PROMOTE STRATEGY- To provide leadership for coordinated regional/national communications on the sector Michigan Philanthropy Oral History Project (MPOHP) Clips of four Oral History Project recordings were broadcast the week of Oct. 29 through Nov. 2, 2007 during the 7 a.m. hour on Michigan Radio stations WUOM 91.7 Ann Arbor/Detroit, WFUM-FM 91.1 Flint and WVGR 104.1 n 0 p· Grand Rapids. They included those of Russ Mawby, chairman emeritus, W.K. IORA L HISTO R Y P RO J E C T Kellogg Foundation with Kari Pardoe, fom1er youth grantmaker; John Frey with daughter Ellie, The Frey Foundation; John Colina with daughter Jomie Goerge, Colina Foundation; and Katelin Griffin with Breannah Alexander, youth grantmakers from community foundations serving Eaton County and Saginaw. If you missed the broadcasts, you can listen to or download them as MP3 files online at www.michiganfoundations.org/oralhistoryproject. hi I a nth r y Becky Noricks, communications specialist, is working with project partners on planning spring 2008 recordings, future broadcasts and agreements for the Project archives which will be held at the Steelcase Library at Grand Valley State University through CMF' s partnership with The Johnson Center for Philanthropy and Nonprofit Leadership. Philanthropy 3D Project/Michigan Work has begun on the 3D Project with the November 2007 receipt of funding from the The David & Lucille Packard Foundation ($75,000) and the Forum ofRegional Associations ofGrantmakers ($20,000). The project is a research and development project of the Philanthropy Awareness Initiative (P AI) and a partnership with the Donors Forum of Wisconsin and Indiana Grantmakers Alliance. Through 3D, CMF will develop and test a strategy for improving influential state leaders' understanding and appreciation for the knowledge resources foundations offer to solving critical issues. The focus of the pilot is increasing Michigan 's economic competitiveness. The project bu ilds on the history of foundation-state relationships and partnerships as exemplified in the relationship building, knowledge sharing, strategy development and mutual leadership for early childhood. The project evaluation will be conducted by the Community Research Institute at the Johnson Center. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book presidents report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book presidents report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50720 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/ad4812a334c5459281110f5597ae12c7.pdf e208fa1be9686618e30a400330e401de PDF Text Text eMF Council of Michigan Founcfations Serving grantmakers. Advancing giving. Board of Trustees Meeting Minutes Monday, October 22,2007 Hyatt Regency Dearborn DeSoto Room The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at the Hyatt Regency in Dearborn on Monday, October 22, 2007, pursuant to written notice duly given. The meeting was called to order at 2:30 p.m. by Diana Sieger, Chairperson. Trustees and Officers present in addition to Ms. Sieger: Elizabeth (Libby) Cherin Melonie Colaianne John Colina Robert Collier Julie Fisher Cummings Caroline Chambers, New Nominee Tom Cook, New Nominee David Egner Rev. Louis Felton Allan Gilmour Carol Goss Wesley Maurer, Jr. Russell Mawby Olivia (Libby) Maynard Rachel Mraz David Page Phil Peters David Sebastian Gerald Smith Betsy Upton Stover Amanda Van Dusen Christian Velasquez Dan Wyant Special Guests: Stacey Barbas, Executive Director, Michigan AIDS Fund Karen Aldridge Eason, Office of the Foundation Liaison Dorothy A. Johnson, Co-Chair, Learning to Give Board of Trustees James A. Kelly, Co-Chair, Learning to Give Board of Trustees Wendy Lawson, Chair, Michigan AIDS Fund Kenita Montgomery, Program Policy Fellow, The Skillman Foundation Henry Ramos, Director, Diversity in Philanthropy Project Duane Tarnacki, CMF Legal Counsel CMF Staff: Susan Cuddington, Executive Assistant to the President David Lindberg, Vice President, Finance & Administration Donnell Mersereau, Director, Community Foundations Vicki Rosenberg, Vice President, Education, Communication, and External Relations Self-introductions were made and Chairperson Sieger welcomed new Board nominees- Tom Cook and Caroline Chambers. Chair Sieger recessed the Board Meeting to hold the Annual Members Meeting of the Supporting Organizations of the Council of Michigan Foundations at 2:40p.m. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 2 Chair Sieger reconvened the CMF Board Meeting at 3: 10p.m. and presented the consent items for approval: Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Consent Agenda items be approved: • • • • • The Minutes of May 22, 2007 Board Meeting with the following amended as follows under the break for the Executive Session: "Chair Sieger excused the staff and special guests for a brief closed Executive Session with the Board to discuss the President' Performance Review." The Minutes of July 9, 2007 and September 7, 2007 Executive Committee Meetings The Treasurer's Report with Financials for period ending August 31, 2007 The Investment Report, and The following grantmakers for Membership: Ed & June Kellogg Foundation, Howell Fifth Third Foundation, Cincinnati, OH Paul & Peggy Rowley Donor Advised Fund, Bay City Michigan Masonic Charitable Foundation, Alma The Pokagon Fund, New Buffalo Governance Committee Committee Chair Carol Goss reported on the results of the election of Trustees and presented the following resolution: Upon motions duly made, supported and unanimously approved, it was, RESOLVED that the actions of the Committee on the Class of2010, as detailed below, be accepted, and that the following names were re-elected by the membership to the Board for a three-year term ending in 2010: Elizabeth Cherin, President & CEO, Fremont Area Community Foundation, Fremont John Colina, President, Colina Foundation, Southgate Wesley H. Maurer Jr., Chairman, Mackinac Island Community Fdn., Mackinac Island Daniel J. Wyant, President, Edward Lowe Foundation, Cassopolis Betsy Upton Stover, Associate Trustee, FrederickS. Upton Foundation, Benton Harbor RESOLVED further that the following individuals were elected by the membership to the Board for a three-year term ending in 2010: Susan Broman, Executive Director, Steelcase Foundation, Grand Rapids Caroline E. Chambers, President, Comerica Charitable Foundation, Detroit Thomas B. Cook, Executive Director Cook Family Foundation, Owosso Carol Paine-McGovern, President, Paine Family Foundation, Manistee Thomas S. Porter, President, Porter Family Foundation, Ann Arbor Ms. Goss presented term-limited trustees Julie Fisher Cummings and Libby Maynard with resolutions recognizing their years of service to the Board. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 3 RESOLVED further that the Board of Trustees of the Council of Michigan Foundations (CMF) extends its appreciation to Julie Fisher Cummings, Trustee, Max M. and Marjorie S. Fisher Foundation, for her nine plus years of dedicated service as a Trustee of CMF, including: her leadership as Chair of the Board of Trustees, development of the Cultural Competency Plan and Organizational Analysis, implementation of Guiding Principles as a condition of membership in CMF, chairing the Family Philanthropy Committee, launching the Family Foundations Retreat, and we welcome Julie' s continued advocacy for philanthropy as a member of CMF's Advisory C abinet. RESOLVED further that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Libby Maynard, President of the Heron Oaks Foundation, for her nine years of dedicated service as a Trustee of CMF, including: chairing the Government Relations Committee, chairing two Annual Conference Committees, supporting development of the Cultural Competency Plan and Organizational Analysis, and implementation of Guiding Principles as a condition of membership in CMF, and we welcome Libby's continued advocacy for philanthropy as a member of CMF's Advisory Cabinet. Finally, Ms. Goss presented the recommendations of the Governance Committee for the Officers for the next year. Upon motions duly made, supported and unanimously approved, it was, RRSOLVRO that the following individuals be elected to the offices as specified for a one-year term effective October 23, 2007. Chairperson- Diana Sieger, President, Grand Rapids Community Foundation Vice Chair Community Foundations - Elizabeth Cherin, President, Fremont Community Foundation Vice Chair Family Foundations- Betsy Upton Stover, Trustee, FrederickS. Upton Foundation Vice Chair Corporate Foundations- Melonie C olaianne, President, MASCO Corporation Foundation Secretary - Amanda VanDusen, Principal, Miller, Canfield, Paddock and Stone P.L.C. Treasurer- Phillip Peters, Vice President- Administration and Secretary, C harles Stewart Mott Foundation President- Robert Collier Government Relations Committee Chair Libby Maynard presented the Committee's recommendations for changes to the Legislative Goals Statement dealing with both federal and state legislation. She noted that 15 members participated in the annual review. She acknowledged Congressman Camp as an instrumental leader in getting the IRA Charitable rollover in place. Upon motion duly made, supported and unanimously approved, it was �Board o f Trustees Meeting Minutes- October 22, 2007 Page 4 RESOLVED that the Legislative Goals Statement for 2008 as reviewed by the Government Relations Committee be adopted. Karen Aldridge-Eason, Office of the Governor's Foundation Liaison, updated the Board on the Government Perforn1ance Improvement Initiative. A.T. Kearney, under contract to CMF at the request of the Governor, spent five weeks collecting data per the Governor's request to improve the business economy. The firm has identified thirteen business areas and recommendations for improvement to the State's business processes and presented these recommendations to the Governor and Cabinet members. Pat Babcock and Tom Clay continue to represent CMF in this process. As the next step, the Governor's Task Force overseeing the Initiative is recommending that a second firm be retained to work on streamlining the procurement process. Annual Conference Report Ms. Rosenberg thanked the three Conference Co-Chairs for their leadership and highlighted several of the special activities this year: electronic voting at each plenary session; recognizing the Mawby and Community Foundation Awards recipients as Honorary Chairs; the pre-session on Governance with the Linda Compton the new President of Board Source, the first ever county by county wealth transfer analysis being released to the community foundations, and the debut of Joel Orosz' new book, Effective Foundation Management: 14 Challenges ofPhilanthropic Leadership and How to Outfox Them . She also indicated that the Conference is close to making budget with registrations just under 700 total for the three days. Ms. Rosenberg also commented on special marketing efforts, such as the example for family foundations included in the Board book. Mr. Smith, Ms. Colaianne, and Mr. Gilmour expressed their appreciation for the great support of sponsors and members and the work of staff in preparing for the Conference. Public Policy Committee Report Public Policy Fellow Jaclyn Miel-Uken presented the update on the work of the Committee and highlighted efforts to bring The White House Project to Michigan as a result of the annual May meeting ofCMF's affinity group, Michigan Grantmakers for Women and Girls. She noted the two calls held on regional economic development with more than 60 members hosted by the Funders on Michigan's Economy. She also reviewed the work ofthe new Arts Affin ity Group next meeting with a faci litator in November, and planned fall meetings on the Engagement Initiative in Escanaba hosted by the Community Foundation of the U.P. and a K-16 Education Briefing with the Office of the Foundation Liaison. President's Report Mr. Collier shared that the Skillman Foundation has given a one year grant to CMF to launch a new Public Policy Fellowship. Trustee Carol Goss introduced Kenita Montgomery, a recent graduate of the Ford Public Policy School at the University of Michigan, who started on September 4 as the new Fellow. Ms. Montgomery will be based at Skillman and work on neighborhood, children and education public policy at the state level with CMF and at the national level with the Neighborhood Funders Group. It is anticipated that the second year of the Skillman grant for the Fellowship will be awarded to the Neighborhood Funders Group now that the Group's new President has been hired. �Board o f Trustees Meeting Minutes- October 22, 2007 Page 5 Mr. Collier reported on the new website: michiganfoundations.org and acknowledged Kathy Ginocchio's leadership in launching this new website- the first in what will be a new platfonn for regional associations nationwide through the Forum of Regional Association of Grantmakers. He noted that the Michigan Oral History Project, being completed through a partnership with Story Corps, the Jolmson Center and Michigan Public Radio, will feature four stories of Michigan grantmakers the week of October 29 on Michigan Public Radio. Special Guest- Henry A.J. Ramos Ms. Goss, Chair of the Governance Committee, introduced Henry Ramos, Director of the national Diversity in Philanthropy Project, who shared an overview of the 2-year initiative. This is a voluntary effort of over 30 leading foundation trustees, senior staff and executives committee to increasing diversity through open dialogue and strategic action with the following priorities: • Voluntary peer support • Transparent and actionable data • Tools, best practices and talent Mr. Ramos acknowledged the support of the W .K. Kellogg Foundation and the C.S. Mott Foundation. Ms. Goss noted that the data shared by Mr. Ramos is helpful to the CMF staff and Board as we implement our cultural competency plan. Adjournment Chair Sieger noted the next regularly scheduled meeting of the Board of Trustees will take place Tuesday, February 12, 2008 in Lansing. There being no further business to come before the Board, Chair Sieger adjourned the meeting at 5:15p.m. Diana R. Sieger, Chairperson Robert S. Collier, President � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book previous board minutes Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book previous board minutes. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50721 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/2ffc3ec44e63f4d0aa6bf2417279ea2d.pdf 6299b1da60ee9b3733aec8a519f2750c PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. February 1, 2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Susan Broman, David Egner, Carol Goss; Public Policy Committee Co-Chairs Vicki Rosenberg, Vice President, and Jaclyn Miel-Uken, Public Policy Fellow Re: Public Policy Committee Report Since the October 22 Board meeting, CMF public policy affinity groups hosted seven events, CMF published numerous policy-related articles and CMF staff recruited six applicants for the 2008-09 William C . Richardson Fellowship in Philanthropy & Government Affairs. Fall 2007- Winter 2008 Events • EngAGEment Initiative Briefing on the State of Aging in the U.P. (Oct. 30) • Arts Affinity Group Meeting (Nov. 6) • K-16 Education & Workforce Development Briefing (Nov. 29) • Funders on Michigan's Economy & Government Relations "L3C" Conference Call (Jan. 22) • K-16 Education "Promise Zone" & Small High Schools Conference Call (Jan. 28) • Arts Affinity Group Meeting (Feb. 6) • Human Services & Early Childhood Briefing with Ish Ahmed & Judy Samelson (Feb. 7) • Land Use Funders Summit co-hosted with the MSU Land Policy Institute (Feb. 11) Nov. 2007- Feb. 2008 Public Policy Communications As listed in the attached, CMF published four policy-related News Wire articles, one policy-related articles in the summer Memo to Members and shared 15 public policy resources v ia monthly E-News. Winter- Spring 2008 Events The following events are planned: • Public Policy Committee Post-State of the State Conference Call (Feb. 15) • Foundations on the Hill (Mar. 4-5) • EngAGEment Initiative Briefing with Marc Freedman in Dearborn (Mar. 14) • Urban Agenda Briefing co-hosted with Neighborhood Funders Group (Mar.) • Public Policy Committee Meeting (Apr. 21) • Food Systems Briefing with the Fair Food Foundation (May 13) William C. Richardson Fellowship Applicants • David Glisch-Sanchez, University of Michigan, MPP 2008 • Elizabeth K idd, Indiana University, MP A 2007 • Dana Linnane, University of Michigan, MPP 2008 • Lome Mulder, Grand Valley State University, MPA 2008 • Matthew Nielson, University of Michigan, MPP/MS 2008 • Janae Reneaud, Eastern Michigan University, MPA 2007 �Public Policy Report February 2008 Page 2 Attachment: Public Policy Communications CMF NewsWire • 1/15/08 State Community Health Director Shares Plans for Helping Uninsured. • 12/ 17/07 Foundation Expertise Need To Help Michigan Regain Economic Competitiveness. • 11/15/07 Moving Michigan Forward Goal Of West Michigan Regional Community Foundation Convening. • 11/09/07 New CMF Affinity Group Working To Be A Strong Voice For The Arts In Michigan. Memo to Members (Fa112007) • Foundations Must Play Leadership Role in Michigan's Transfonnational Change, Experts Say E-News January 2008 • Strategic Grantmaking: Foundations and the School Privatization Movement • The Improving Head Start for School Readiness Act of 2007 Conference Summary Report • States Moving Toward Comprehensive Health Care Reform • Meeting Michigan's 2015 Renewable Portfolio Standard (RPS): Wind Turbines Required and Projected Land Usage • In Search of a Purpose: Marc Freedman thinks 'encore careers' can help baby boomers-and the country. • A Hand Up: A Strategy to Reward Work, Expand Opportunity, and Reduce Poverty December 2007 • Will Boomer Retirees Fom1 a New Army of Volunteers? • Elders as Resources for Children & Families: Ideas for Policy and Practice • State Conservation Spending in the United States: A Political Economy Analysis (Summary of Key Findings • Chance Favors the Prepared Mind: Mathematics & Science Indicators for Comparing States & Nations • State and Local Government Employment, A Comparative Analysis November 2007 • Healthy Waters, Strong Economy: The Benefits of Restoring the Great Lakes Ecosystem • A Methodology to Determine Economic Security for Elders • Grading Michigan Schools • Sectoral Strategies for Low-Income Workers: Lessons from the Field • No Worker Left Behind (NWLB) � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-02-12_Public-Policy Title A name given to the resource Council of Michigan Foundations 2008-02-12 board book public policy Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-02-12 board book public policy. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50722 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-02-12 https://digitalcollections.library.gvsu.edu/files/original/066e8870e8481ad95a465581ce9a573f.pdf e3569effe6bf0e0177ad6e49e1e52f71 PDF Text Text May 12, 2008 Memo to: cc: CMF Board of Trustees Susan K. Broman Caroline E. Chambers Elizabeth A . Cherin Melonie B. Colaianne John Colina Thomas B. Cook David 0. Egner Rev. J. Louis Felton Russell L. Gabier Allan D. Gilmour Carol A. Goss Wesley H . Maurer, Jr. Russell G. Mawby Rachel Mraz David K. Page Carol Paine-McGovern Phillip H. Peters Thomas S. Porter David S. Sebastian Gerald K. Smith Sterling K. Speirn Betsy Upton Stover Margaret (Peggy) E. Thompson Amanda Van Dusen Christian A. Velasquez Dan Wyant Lloyd J. Yeo David R. Lindberg, Vice President Finance & Administration Vicki J. Rosenberg, Vice President, Education, Communications and External Relations From: Diana R. Sieger, Chairperson Robert S. Collier, President Re: May 20,2008 Board of Trustees Meeting with Regional Members Tour and Lunch Ziibiwing Center, Mt. Pleasant (directions in front cover) 6650 E. Broadway, Isabella Indian Reservation 11:30 a.m. - 12:30 p.m. Welcome and Tour of the Ziibiwing Center 12:30 - 1:30 p.m. Lunch with special guest, Dr. Mike Rao 2 :00 - 4 :00 p.m. Board of Trustees Meeting We look forward to meeting w ith you and our members from the Mt. Pleasant area at the Ziibiwing Center and hearing from CMU President, Mike Rao prior to the Board Meeting. Please let Rob know if you have any questions about any of the materials enclosed. �CMF Council of Michigan Foundations Serving grant makers. Advancing giving. Executive Summary of 5.20.08 Board Agenda TAB I. Call to Order & Introductions- Diana Sieger, Chairperson II. Consent Agenda February 12, 2008 Board of Trustees M eeting Minutes May 2, 2008 Executive Committee M inutes Financial Report/Internal Statements for March 31 , 2008 Investment Committee Report for March 31, 2008 ACTION ITEMS RESOLVED that the February 12 Board of Trustees Meeting Minutes, the May 2 Executive Committee Minutes, the March 31, 2008 Financial Statements and the March 31, 2008 Investment Committee Report be accepted as presented. III. Treasurer's Report/ Year End Audit - Phil Peters & Dave Lindberg 2 RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. IV. Amendments to Articles and Bylaws re: Electronic Communication Betsy Stover 3 RESOLVED that the Articles of Incorporation and Bylaws be amended as attached and prepared by legal counsel to respond to changes in the Michigan Nonprofit Corporation Act to allow for electronic communication. V. Membership and Dues Increase M arketing Plan - Rob Collier 4 RESOLVED that the criteria for membership for the category: Corporate Giving Programs and Consultant Service Business be changed from "Must make annual grants to charitable organizations in excess of $50,000 ... " to " Must make grants to charitable organizations of $25,000 over a five year period." VI. Government R elations- Carol Paine-McGovern & Rob Collier RESOLVED that Goal4 be amended from repeal of the excise tax on private foundations to " Support simplification of the excise tax on private f oundations to a flat tax that is revenue neutral for the federal government." 5 �Board Agenda Summary May 20, 2008 Page 2 RESOLVED that the Council of Michigan Foundations joins with the Northern California Grantmakers, Southern California Grantmakers and San Diego Grantmakers - the three California Regional Associations and the Council on Foundations in opposing California Assembly Bill 624 because this legislation: • ignores the commitment of many of our members to better reflect, represent, and serve all populations through the impact of the operations - governance, staffing, business practices and grantmaking- of organized philanthropy, • mandates the collection of data related to the diversity of our boards, staff and grantees that may be impossible to accurately collect, and • has the potential to both negatively impact the very diverse populations and communities it seeks to serve, and to slow-rather than grow - philanthropy and philanthropy's commitment to serve such populations. RESOLVED further that, in recognition of both CMF's Board approved Diversity and Inclusion Initiative and the appropriate balance between the voluntary decisions of individual grantmakers with the sector's responsibility to serve the common good and all of society, the Council of Michigan Foundations supports the call to action from the Council on Foundations that all of philanthropy join in a growing commitment to respond to the appropriate concerns about our lack of progress to date and our collective commitment to increasing our value for and leadership to the importance of diversity and inclusiveness in all that we do. RESOLVED that CMF support HB 5681, sponsored jointly by Majority Floor Leader Steve Tobocman and Representative Bill Huizenga, to amend the Michigan Nonprofit Corporation Act to accomplish the following: • The board of directors of a nonprofit corporation would need at least three directors. Currently, the act requires "one or more" directors. Under the bill, an existing corporation would need to have at least three directors beginning 180 days after the bill's effective date. • A corporation that is a "charitable purpose corporation" could not provide loans to or guarantee an obligation of an officer or director of the corporation or a subsidiary, unless the officer or director is also a client of the corporation and the loan or guaranty is necessary to carry out the corporation's charitable purposes. • A charitable purpose corporation that is dissolved would have to provide notice of the dissolution to the attorney general within 60 days after the date of dissolution and could not dispose of any of its assets without written approval of the attorney general. VII. Public Policy Committee- Dave Egner & Jaclyn Miel-Uken RESOLVED that the Council of Michigan Foundations support HB 6025 & 6026 and SB 1287 that would provide Michigan residents with an income tax check off option to voluntarily donate to the United Way. 6 �Board Agenda Summary May 20,2008 Page 3 VIII. 2009 Annual Conference and 2008 Annual Conference UpdateVicki Rosenberg, Caroline Chambers & Rachel Mraz 7 RESOLVED that the 2009 Annual Conference ofCMF be scheduled for Tuesday afternoon, November 3 through Thursday afternoon, November 5 in Detroit with joint programming with Independent Sector on Wednesday afternoon, November 4 through Thursday afternoon, November 5. IX. Executive Session OTHER X. XI. President's Report - Rob Collier Diversity and Inclusion Initiative- Vicki Rosenberg Other 8 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book board agenda Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book board agenda. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50723 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d96ab289dd8434d1e7641d1c5f9e1b2a.pdf e0ae6b4f7d652e3d0f89b2ce64fab65d PDF Text Text Board o f Trustees Meeting Minutes - February 12, 2008 Page 3 Upon motion duly made, supported and unanimously approved, it was RESOLVED that Article V of the Bylaws be amended to redesignate Section 4. Other Committees as Section 6 of Article V and that a new Section 4 be added to read in its entirety as follows: Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirmatively determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee C harter as adopted by the Board and amended from time to time. Proposed Dues Increase 2009-10 Rob Collier & Dave Lindberg presented the proposed 10% increase effective for April 2009. Mr. Lindberg noted that last increase took place in 2004, the first after nine years with a 20% increase. The Membership Committee and Communications Task Force would like to start developing a plan to introduce the recommended dues increase at the October Annual Meeting. Upon motion duly made, supported and unanimously approved, it was RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting April I , 2009. Diversity & Inclusion Initiative Vicki Rosenberg introduced the logic model for the five year Diversity and Inclusion Initiative funded initially by The Kresge Foundation. She noted the first three objectives: for CMF to become a model regional association and national resource; for 19 foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion; and to increase CMF members' awareness, understanding and action in diversity and inclusion. The Governance Committee, chaired by Trustee Carol Goss, will be expanded to serve as an Advisory Committee for this Initiative. Upon motion duly made, supported and unanimously approved, it was RESOLVED that CMF undertake a five-year Diversity and Inclusion Initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. President's Report A. Government Relations Government Relations Committee co-chair Carol Paine McGovern updated the Board on the recent call combined with the Funders Concerned about Michigan's Economy Affinity Group to discuss the possible introduction ofL3C legislation. Senator Jason Allen has agreed to introduce the bill. If the bill moves forward, CMF members will testify. �CMF Council of Michigan Founaations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier, President and Dave Lindberg, Vice President Re: Amendments to the Articles of Incorporation and Bylaws to allow for electronic communication Recent amendments to the Michigan Nonprofit Corporation Act (the "Act") now permit the use of electronic transmission, such as email, for notices, waivers of notice, proxies, written consents and voting when participating in a meeting by remote communication. These amendments have the potential of streamlining the procedures for providing notices, obtaining signatures for written consents, and conducting meetings. The following Resolution and amended Articles of Incorporation and Bylaws that are attached as prepared by legal counsel, Clark Hill PLC, are recommended by the Executive Committee fo r your consideration and approval. RESOLVED that the Articles of Incorporation and Bylaws be amended as attached and prepared by legal counsel to respond to changes in the Michigan Nonprofit Corporation Act to allow for electronic communication. Background As used in the Act, "electronic transmission" refers to any form of communication that 1) does not directly involve the physical transmission of paper; 2) creates a record that may be retained and retrieved by the recipient; and 3) may be directly reproduced in paper form by the recipient through an automated process. Common examples include email and fax. Members (or shareholders) and directors (or trustees) must authorize the electronic transmission of notices or communication to them. The simple act of providing the organization with an email address, for example, would constitute authorization. In order to utilize the convenience of electronic transmission, authorization in the articles or bylaws may be required. It is our view that action of members may be taken in only one of two ways - by vote at a meeting or by written consent. The amendments to the Act address both of these. Electronic transmission may also be used to provide notices of meetings, submit proxies or written consents to the organization, or to waive notice of a meeting. Neither the articles nor the bylaws need to specifically authorize these uses of electronic transmission. However, depending on how the articles and bylaws are currently written, clarification may be appropriate. �Amendments to Articles & Bylaws May 12, 2008 Page 2 Members may now vote in "real time" by electronic transmission. This would only arise in cases where members are participating in a meeting by remote communication such as If the organization desires to hold member meetings by remote a webinar. communication and the members to vote by electronic transmission, it must be authorized by the bylaws. If the members are voting for directors by electronic transmission, the provision must be included in the articles of incorporation. Action by written consent by fewer than all members must still be specifically authorized by the articles. Membership organizations may authorize action to be taken without a meeting and without a vote, if a consent in writing (which now includes email), setting forth the action to be taken is authorized by the members having not less than the minimum number of votes necessary to authorize or take action at a meeting at which all members entitled to vote were present and voted. Membership organizations that wish to take advantage of this provision and do not currently have this provision in their articles, must amend their articles. These consents would allow members to elect directors without holding an annual meeting if a list of directors is submitted along with the written consent to members. Members could review the list of directors nominated for election, indicate their selection of directors and return the consent by mail or electronically. The consents would be tallied just as if a ballot vote had been taken and directors elected. The election would be valid only if the minimum number of votes were received. Board action electronically or by fax still requires unanimous written consent (affirmative response by 100% of the board). �Amendments to Articles & Bylaws May 12,2008 Page 3 BYLAWS OF COUNCIL OF MICHIGAN FOUNDATIONS R evised 2 12 08Mav 20. 2008 Latest ,.evisions helded ARTICLE I. MEMBERSHIP Section 1. Eligibility. Any charitable organization, foundation or trust, a principal function of which is the making of substantial grants for charitable purposes and which either has its principal office in the State of Michigan or makes substantial grants for charitable purposes in Michigan; any corporation or other business entity which makes substantial grants for charitable purposes in Michigan; and any bank exercising trust functions and any trust company which administers charitable funds, trusts or foundations making substantial grants for charitable purposes in Michigan shall be eligible for membership. Section 2. Application. Any eligible organization which makes application to the Board of Trustees shall become a member upon approval of its application by the Board of Trustees and compliance with Section 3. Section 3. Contributions. Admission to and continuation of membership shall be conditioned upon the making of such annual contributions to the corporation as shall from time to time be determined by a vote of two-thirds ofthe Trustees, as well as upon continued meeting of the criteria set forth in Section 1. The amounts of such contributions may vary in accordance with the assets of charitable organizations and in accordance with other criteria uniformly applicable to member organizations. Section 4. Voting. Each member which has a representative present in person at a meeting of members or is represented by proxy shall be entitled to one vote at the meeting. A vote may be cast orally. in writing. b y proxy. or b y electronic transmission if participating in a meeting by remote communication. Members present in person. including as d efined in Article II. Section 6. or by proxy~ shall be considered present for purposes of determining a quorum and shall be entitled to vote. ARTICLE II. MEETINGS OF MEMBERS Section 1. Annual Meeting. The annual meeting of the members shall be held each year on such date as shall be designated by the Board of Trustees. �Amendments to Articles & Bylaws May 12,2008 Page 4 Section 2. Special Meetings. Special meetings of the members shall be held on the call of the Chainnan of the Board, a majority of the Board of Trustees, a majority of the Executive Committee, or upon the written request of any ten members. Section 3. Notice ofMeetings. Written notice of the time, place and purpose of member meetings shall be mailed or sent by electronic transmission to each member not less than ten (1 0) days prior to the meeting, except that notice of the annual meeting shall be mailed or sent by electronic transmission not less than thirty (30) days prior thereto. Section 4. Place of Meetings. Meetings shall be held at such place within the State of Michigan as shall be designated by the president and Chairman of the Board in the case of the annual meeting, or by the party or parties calling the meeting, in the case of special meetings. Section 5. Quorum. At all meetings:;: a quorum shall consist of the members who are present in person or by proxy. An affirmative vote of a majority of members present at a meeting shall constitute the action of the members unless the vote of a larger number is required by statute or elsewhere in these Bylaws. Section 6. Participation by Remote Communication. At the discretion of the Chair. a member may participate in a meeting of members by conference telephone or other means of remote communication by which all persons participating in such meeting may hear each other if all persons are advised of the communications equipment and the names of the persons participating in the meeting are divulged to all participants. Participation pursuant to this provision shall constitute presence in person at the meeting. ARTICLE III. BOARD OF TRUSTEES Section 1. Management of Corporation. The property and affairs of the corporation shall be managed by a Board of Trustees. Section 2. Qualification of Trustees. Each person elected as a Trustee must at the time of election be associated with a member of the corporation; provided that persons not so associated may be elected as Trustees if, at the time of their election, not more than 10% of all Trustees are persons not so associated. Section 3. Number. The entire Board of Trustees shall consist of not fewer than twenty-one (21) persons and not more than twenty eight (28) persons. The Board shall fix, within that range, the absolute number of trustees from time to time. Section 4. Term. Each Trustee elected by the membership shall serve a term ofthree (3) years. Each Trustee may serve a maximum of three (3) consecutive three (3) year terms. Trustees appointed by the Board of Trustees to fill unexpired terms, shall �Amendments to Articles & Bylaws May 12,2008 Page 5 stand for election at the annual meeting for which the vacated term was due to expire, and service provided for the unexpired term shall not be counted as an elected term. Section 5. Nomination and Election. The Governance Committee shall nominate for election to the Board ofTrustees one person for each member of the Board whose term expires at the next annual meeting. On or before forty-five (45) days prior to the annual meeting, a report of the annual meeting and nominations made by the Committee shall be mailed or sent by electronic transmission to each member. Any member, upon the second of another member, may nominate other individuals for election as Trustees. Written notice by the nominating and seconding members shall be delivered to the .GQ.y_ern_ance Committee at CMF's office not later than thirty (30) days prior to the annual meeting. Notice of the annual meeting and a proxy listing all persons nominated for election as Trustees shall be mailed or sent by electronic transmission to each member. Election of such Trustees shall be by plurality vote. Proxies shall be returned oersonally. by mail, or by electronic transmission to CMF's office not later than the day before the date fixed for the annual meeting. If there are nominations of more persons than there are Trustees to be elected, no proxy shall be valid unless it casts votes for a number of persons equal to the number of Trustees to be elected. Notwithstanding any other provision of these Bylaws to the contrary, members whose proxies are cast as herein above provided, shall be deemed present at the annual meeting. Section 6. Resignation and Vacancies. Any Trustee may resign at any time. If a vacancy occurs, the Trustees then in office may, by majority vote, appoint an individual to fill the unexpired tenn. Except as otherwise determined by a majority of the entire Board of Trustees, any Trustee who shall fail to attend three consecutive meetings of the Board shall be deemed to have resigned from the Board of Trustees, effective upon the adjournment of the third missed meeting and a successor may be appointed by a majority of the entire Board ofTrustees to fill the unexpired term of the Trustee deemed to have resigned. Section 7. Compensation. Trustees shall receive no compensation for their services, nor reimbursement of expenses incurred by them as Trustees. Notwithstanding the foregoing, any member of the Board of Trustees may receive reasonable compensation for professional services performed on CMF's behalf in a capacity other than as Trustee and may be reimbursed for expenses incurred in relation to such services, if such services are determined by the Board of Trustees to be reasonably necessary to carry out the purposes of the association. Section 8. Advisory Cabinet Representation. The CMF Advisory Cabinet Chairman will serve as an ex-officio, non-voting member of the Board of Trustees. �Amendments to Articles & Bylaws May 12,2008 Page 6 Section 9. Youth Trustee. An individual under the age of 30 with experience as a foundation trustee, staff member, or community foundation youth grantmaker may be elected to the board for a non-renewable three year term. If a resignation for whatever reason occurs in this position. the replacement nominee shall be eligible to serve for a full three year period. ARTICLE IV. MEETINGS OF THE BOARD Section 1. Place. The Board of Trustees may hold meetings, both regular and special, either within or without the State of Michigan. Section 2. Annual Meeting. The Annual Meeting of the Board for the election/appointment of officers and the transaction of any other business shall be held in conjunction with the Annual Meeting of the Members at a time and place as designated by the President in consultation with the Board Chair. Section 3. Notices. Written notices of the date, time and place of all regular meetings shall be mailed or sent by electronic transmission to each Trustee not less than seven (7) days nor more than forty (40) days prior to the meeting. Written notice of the date. time and place of special meetings shall be provided by mail or electronic transmission at least 24 hours orior to the meeting. Section 4. Written Consents. Unless otherwise provided by the Articles of Incorporation, any action required or pennitted to be taken at any meeting of the Board of Trustees or any committee thereof may be taken without a meeting, if, before or after the action, all members of the Board or committee consent thereto in writing. including by electronic transmission such as electronic mail. The written consents shall be filed with the minutes of proceedings of the Board or committee. Such consents shall have the same effect as a vote of the Board or committee for all purposes. Section 5. Quorum. A quorum of the Board ofTrustees shall consist of a majority of the elected Trustees. An affirmative vote of a majority of the Trustees present at a meeting at which a quorum is present shall constitute the action of the Board of Trustees unless the vote of a larger number is required by statute or elsewhere in these Bylaws. Section 6. Participation by Cemm~:~aieatieas EEJ1:1i13meatR emote Communication. At any meeting of Trustees or a committee thereof, a Trustee may participate in any meeting of Trustees by a conference telephone or simHaf eemm~:~aieatieas eq1:1ipmeatother means of remote communication by which all persons participating in such meeting may hear each other if all Trustees are advised of the communications equipment and the names of the Trustees in the conference are divulged to all participants. Participation pursuant to this provision shall constitute presence in person at the meeting. �Amendments to Articles & Bylaws May 12,2008 Page 7 ARTICLE V. COMMITTEES Section 1. Executive Committee. The Executive Committee shall consist of all Trustees elected as officers of the corporation, the immediate past Chair of the Board (if continuing to serve as a Trustee) and one additional at-large member of the Committee as elected by the Board. The Executive Committee shall have the full power and authority ofthe Board of Trustees to act between meetings of the Board of Trustees by majority vote of all its members; provided, however, the Executive Committee shall not have power or authority to: (a) amend the Articles of Incorporation; (b) adopt an agreement of merger or consolidation; (c) recommend to the members the sale, lease or exchange of all or substantially all of the corporation's property and assets; (d) recommend to the members a dissolution of the corporation or a revocation of a dissolution; (e) amend the Bylaws of the corporation or any resolution of the Board of Trustees which by its terms shall not be so amendable or repealable; (f) fill vacancies in the Board; or (g) terminate membership. Section 2. _ Governance Committee. The Governance Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of not less than three (3) nor more than five (5) members, a majority of whom shall be Trustees whose terms of office do not expire at the next annual meeting. Section 3. Supporting Organization Committee. The Supporting Qrganization Committee shall b~.m:mointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of not less than 5 nor more than 9 members. The Committee will make periodic reports and recommendations to the Board concerning the activities of the various suworti_ng_Q.[gani_zations a_ffiliated with the Comoration, including the size and composition of their respective boards. Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirn1atively �Amendments to Articles & Bylaws May 12, 2008 Page 8 determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee Charter as adopted by the Board and amended from time to time. ====S~e~c~t~io~n!=5~. Other Committees. The Board of Trustees may designate such other committees as it shall deem appropriate. Such c01mnittees shall have such authority as shall be delegated to them by the Board of Trustees. The Chainnan of the Board shall be an ex-officio member with vote of all such committees. Section 6. Michigan Community Foundations' Youth Project. The Michigan Community Foundations' Youth Project shall be a permanent standing advisory Committee whose purpose is to review and oversee the activities undertaken by CMF to support community foundation youth advisory committees and to promote youth as grantmakers. The Committee, consisting of up to fifteen (15) members, will make periodic reports and recommendations to the Board. The Chaimerson and President shall appoint the members of the Committee, the majority of whom shall be youth under the age of 21 with experience as members of a community foundation youth advisory committee. ARTICLE VI. NOTICES Section 1. Form and Delivery. Notices to members and Trustees shall be in writing and may be delivered personally, by mail, by electronic transmission such as electronic mail, or by telegram. Notice by mail shall be deemed to be given at the time when deposited in the post office or a letter box, in a postpaid sealed wrapper, and addressed to members or Trustees at their addresses appearing on the records of the corporation. Notice by electronic transmission shall be deemed to be given when electronically transmitted to the person entitled to the notice in a manner authorized by the person. Section 2. Waiver. Whenever a notice is required to be given by these Bylaws, a Waiver thereof in writing, signed by the person or persons entitled to such notice, or a waiver by electronic transmission. whether before or after the time stated therein, shall be deemed equivalent to such notice. Attendance of a member or Trustee at any meeting without objection on such member's or Trustee's part shall constitute a waiver of notice of such meeting. ARTICLE VII. OFFICERS Section 1. Officers. The officers ofthe association shall be Chainnan of the Board, one or more Vice Chainnen, a President, Secretary and Treasurer; any two of the offices of President, Secretary and Treasurer may be held by the same person provided, however, that an officer shall not execute, acknowledge, or verify an instrument in more than one capacity if the instrument is required by law or the Articles or Bylaws to be executed, acknowledged, or verified by two or more officers. �Amendments to Articles & Bylaws May 12,2008 Page 9 Section 2. Election. All officers shall be elected by the Board of Trustees for a term ending at the next annual meeting or until their successors are elected. Section 3. Removal. Any elected officer may be removed Trustees with or without cause. ~ the Board of Section 4. Additional Officers. The Board of Trustees shall elect or appoint from time to time such additional officers as in its opinion are desirable for the conduct of the business of the corporation. Such officers shall have duties as specified by the Board of Trustees. Section 5. Vacancies. If any office becomes vacant for any reason, the Board of Trustees shall fill such vacancy. Unless reelected by the Board, any officer so appointed or elected shall serve only until such time as the predecessor's unexpired term shall have expired. Section 6. Chainnan. The Chairman shall preside at all meetings of the members and Trustees, and shall be an ex-officio voting member of all standing committees. The Chairman shall consult regularly with the President to ensure that the policies and directives of the Board ofTrustees are enacted. Section 7. ViceChairmenVice Chairmen. The Vice Chairmen in the order designated by the Board or. lacking such a designation. by the Chairman shall, in the absence or disability of the Chairman, perform the duties and exercise the powers of the Chairman, and shall generally assist the Chairman and perform such other duties as the Board ofTrustees shall prescribe. Section 8. President. The President shall be the chief executive officer of the corporation, shall supervise and conduct the day to day operations of the corporation, shall have general management and control of the business and affairs of the corporation subject to the control of the Board of Trustees, and shall see that all orders and resolutions of the Board are carried into effect. Section 9. Secretary. The Secretary shall attend all meetings ofthe members and of the Board of Trustees and shall cause to be reported all votes and minutes of all proceedings in a book to be kept for that purpose. The Secretary shall further cause to be performed like duties for the standing committees when required. The Secretary shall give, or cause to be given, notice of all meetings of the members and Board of Trustees, and shall perfonn such other duties as may be prescribed by the Board of Trustees or Chairman, under whose supervision the Secretary shall act. Section 10. Treasurer. The Treasurer shall oversee the care and custody of the funds of the corporation, and other valuable effects, including securities. The Treasurer shall ensure that fu ll and accurate accounts of receipts and disbursements in books belonging to the corporation are kept. The Treasurer shall render to the Chairman �Amendments to Articles & Bylaws May 12,2008 Page 10 and Trustees at the annual meeting of the Board, or whenever it may request, an account of all transactions of the Treasurer and of the financial condition of the corporation. Any and all funds received by the corporation shall immediately be deposited in the name and to the credit of the corporation in such depositories as may be designated by the Board of Trustees. Section 11. Compensation. The Board of Trustees shall be responsible for overseeing the compensation of all employees of the corporation. ARTICLE VIII. FISCAL YEAR The fiscal year of the corporation shall be April 1 through March 31. ARTICLE IX. SEAL The seal of the corporation shall be in such form and style as may from time to time be adopted by the Board of Trustees. ARTICLE X. INDEMNIFICATION The Corporation shall, to the fullest extent now or hereafter permitted by law, indemnify any Trustee or officer of the Corporation (and, to the extent provided in a resolution of the Board ofTrustees or by contract, may indemnify any employee~ volunteer or agent of the Corporation) who was or is a party to or threatened to be made a party to any threatened, pending, or completed action, suit or proceeding by reason of the fact that such person is or was a Trustee, officer, employee,__yclt.mteer or agent of the corporation, or is or was serving at the request of corporation as a Director, officer, employee. volunteer or agent of another corporation, partnership, join venture, trust or other enterprise, against expenses, including attorney fees (which expenses may be paid by the Corporation in advance of the final disposition of such action, suit or proceeding as provided by law), judgments, fines and amounts paid in settlement actually and reasonable incurred by such person in connection with such action, suit or proceeding if such person acted (or refrained from acting) in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the Corporation, and with respect to any criminal action or proceeding, had no reasonable cause to believe such person's conduct was unlawful. The indemnification herein provided for shall continue as to a person who has ceased to be a Trustee or officer of the Corporation and, to the extent provided in a resolution of the Board of Trustees or in any contract between the Corporation and such person, may continue as to the person who has ceased to be an employee. volunteer or agent of the Corporation. Any indemnification of a person who was entitled to indemnification after such person ceased to be a Trustee, officer, employee. volunteer or agent of the Corporation shall continue to inure to the benefit of that person and to the benefit of the heirs and personal representatives of such person. �Amendments to Articles & Bylaws May 12, 2008 Page II ARTICLE XI. AMENDMENTS These Bylaws may be amended or repealed by a vote of two-thirds of all of the Trustees or by a vote of two-thirds of all of the members at any meeting, the notice for which includes notice of the consideration of such action; provided, however, that the provisions of these Bylaws dealing with the conditions of membership and the voting rights of members may be amended only by such vote of all of the members. �Amendments to Articles & Bylaws May 12,2008 Page 12 MICHIGAN DEPARTMENT OF LABOR AND ECONOMIC GROWTH BUREAU OF COMMERCIAL SERVICES Date Received (FOR BUREAU USE ONLY) Name: Deanna M. Deldin c/o Clark Hill PLC Address: 500 Woodward Avenue Suite 3500 City: State: ZIP Code: Detroit MI 48226 EFFECTIVE DATE: 1/0112008 DOCUMENT WILL BE RETURNED TO NAME AND ADDRESS INDICATED ABOVE CERTIFICATE OF AMENDMENT TO THE ARTICLES OF INCORPORATION For use by Domestic Profit and Nonprofit Corporations Pursuant to the provisions ofAct 162, Public Acts of 1982, as amended (the "Act "), the undersigned Corporation executes the following Certificate: I. The present name of the Corporation is Council of Michigan Foundations. 2. The identification number assigned by the Bureau is: 870029 3. Article X is hereby added to the Articles to read as follows: Article X Any action required or permitted by the Act to be taken at an annual or special meeting of members may be taken without a meeting, without prior notice and without a vote, if a consent in writing, including by electronic transmission such as electronic mail, setting forth the action so taken, is signed or authorized by the members having not less than the minimum number of votes that would be necessary to authorize or take the action at a meeting at which all members entitled to vote thereon were present and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent shall be given to members who have not consented in writing. �Amendments to Articles & Bylaws May 12,2008 Page 13 4. Article XI is hereby added to the Articles to read as follows: Article XI A member entitled to vote at an election for directors may vote in person, by proxy, or by electronic transmission, as further described in the Corporation's bylaws. The foregoing amendment to the Articles of Incorporation was duly adopted by the members of the Corporation at a meeting in accordance with Section 611 (2) of the Michigan Nonprofit Corporation Act on , 2008. Signed this _ _ day of _ _ _ _ _, 2008. COUNCIL OF MICHIGAN FOUNDATIONS By: Robert S. Collier � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Bylaws-Amendment Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book bylaws amendment Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book bylaws amendment. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50724 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/9a79b088d7883ed1119f642f2469efad.pdf b59492f50568bdfa11145399636de7e4 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. May 12,2008 To: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rob Collier, President and Vicki Rosenberg, Vice President Education, Communications & External Relations Re: 2009 Annual Conference and Update on 2008 Annual Conference - Achieving Michigan's Transformation- Sunday through Tuesday, Oct. 12-14, 2008- Grand Rapids I. 2009 ANNUAL CONFERENCE - An Opportunity Not to Be Missed! Independent Sector (IS) is holding its Annual Conference on Wednesday, November 4 - Friday, November 6, 2009 at the Marriott Detroit. Mariam Noland, president ofthe Community Foundation of Southeast Michigan, and Debbie Dingell from General Motors will be chairing the Host Committee. In preparation a number of Michiganders including Dave Egner and Rob Collier have been added to the Program Committee for the IS 2008 Conference in Philadelphia. Initial discussions have been held with Diana Avia, president of IS, and her staff to discuss partnership opportunities, and they are interested in moving forward with a framework reflected in the following resolution that is proposed for your approval. Ms. Aviv and her team recognize that: CMF will need to start on Election Day, that CMF will promote the last day of the IS Conference in a joint registration package to CMF members, and that CMF needs to meet its financial goals for the Annual Conference. We feel that this is a special opportunity to be pursued. RESOLVED that the 2009 Annual Conference ofCMF be scheduled for Tuesday afternoon, November 3 through Thursday afternoon, November 5 in Detroit with joint programming with Independent Sector on Wednesday afternoon, November 4 through Thursday afternoon, November 5. II. 2008 Annual Conference Update The 36'h Annual Conference planning is well underway by an excellent Conference Committee co-chaired by Milt Rohwer, Frey Foundation and CMF trustees Caroline Chambers, Comerica Charitable Foundation and Rachel Mraz, Eileen and Brian DeVries Family Foundation. CMF trustee David Sebastian is chairing a Grand Rapids Subcommittee planning six outstanding site sessions. This year's theme - Achieving Michigan's Transformation- continues the focus begun last year with a shift from need to achievement. Attachment One is a list of the Committee members. The Conference program is being designed to support the achievement of our goals to: • Design an event that recognizes, honors and welcomes all patt icipants • Provide participants with opportunities to reflect, refresh, and network with peers: be exposed to the latest knowledge and issues facing phi lanthropy; and learn at least one new skill or resource to help them be more effective. • Attract 310 full and 240 partial registrations • Secure $165,000 in sponsorships and $26,000 in exhibitor fees We are pleased to have the following sponsors confirmed but need your help in promoting more: Clark Hill $ 2,500 Comerica 15,000 I 0,000 DTE Energy �Annual Conference Update May 2008 Page 2 MASCO Merrill Lynch Steelcase Williams Group W.K. Kellogg Foundation In • • • • • $10,000 15,000 10,000 2,500 30,000 response to 2007 evaluations, the schedule has been redesigned to: Start at 4:00p.m. on Sunday with no pre-conference activities, Offer a Newcomers Orientation End at 4:00p.m. on Tuesday after the final Plenary starting at 2:30p.m. Add a track of community foundation sessions that run throughout the Conference Pilot Bring an Emerging Leader opportunity Conference sessions and workshops will focus on: • Priority public policy issues including: healthcare reform, sustainable school-community partnerships, the impact of climate change on the Great Lakes and reviving Michigan' s economy • Skill building including: administration, advocacy, communications, diversity and inclusion, governance, grantmaking and investments The Conference Committee has had its two meetings and final work on the sessions is now underway. We encourage you to use the Save the Date card in the front pocket to invite a nonmember of CMF to the Conference. Our goal is to have the Conference Registration brochure in the mail in early June. We look forward to providing a verbal update on p lenary speakers at the Board Meeting. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book conference committee report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book conference committee report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50725 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/b656cd2fa08f0333fb1372c042031d3b.pdf 1bf7ee0f91b943383d11a4ca205aa7db PDF Text Text CMF Council of Michi an Foun:fat ions Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Audit Committee Chair David Lindberg RE: CMF March 31, 2008 & 2007 Audit Report The following Resolution is presented for approval. RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. Because the Board Meeting is early this year, the audit report will be delivered at the CMF Board meeting with a copy sent to all board members following the meeting. Differences between Internal Statements and Audited Statements Due to the multi-year grant commitments received from Kellogg for their additional membership dues and Skillman for the Detroit office we will have a difference between the internal and audited statements for CMF Core Operations until both of these grants end. The accounting rules require multi-year grants to be booked as revenue in the year the grant commitment was made, even though the revenue supports future year activities. Grant Kellogg Additional Member Contribution ($750,000 for 2005-06 to 2009-2010) Skillman Detroit Office Support ($75,000 2006-07 to 2008-09) Additional Revenue Booked Per Internal Statements $150,000 25,000 For audit report purposes the total amount of both grants were booked as revenue in 2005-06. �Combined Statement of Financial Position Cash The decrease from the prior year is due to the reduction in cash held for special projects, primarily the Early Childhood Investment Corporation and Access to Recreation grants from the W.K. Kellogg Foundation. Investments The establishment of the CMF Core Services Endowment Fund increased investments by $600,000 for 2007-08, but was offset by the negative investment earnings for the same period. Grants Receivable The decrease from the prior year is due primarily to the balances remaining on the following grants that were awarded in 2006-07. Grant Access to Recreation Early Childhood Investment Corporation A/R 3-31-08 $ 1,475,000 2,950,000 AIR 3-31-07 $7,285,000 4,250,000 (a!, Grants Payable $ 1,300,000 of the increase is due to an outstanding grant due to the Early Childhood Investment Corporation. Other Liabilities The increase from the prior year is due to the 2008-09 membership dues collected prior to April I , 2008. Net Assets- Unrestricted- CMF C ore Services Endowment Fund This fund was set up in May 2007. Net Assets- Temporarily Restricted The decrease from the prior year is due to reduction in balances of the following special projects. Grant Access to Recreation Early Childhood Investment Corporation KYIP (Kellogg Youth Initiative Project) Learning to Give support for The LEAGUE Balance 3-31-08 $4,696,685 3,060,500 4,741 ,580 725,000 Balance 3-31-07 $ 10,954,694 4,213,907 6,456,130 1,381,250 �Combined Statement of Activities Grant Support The decrease from the prior year is primarily due to the following grants that were awarded in 2006-07: Access to Recreation Early Childhood Investment Corporation $14,767,161 6,339,775 Publications- Expense The decrease from the prior year is due to The Michigan Foundation Directory which is produced every other year. Professional Fees The increase is due to the Government Perfonnance Improvement Initiative (GPII) which is new in 2007-08. �CMF Endowment Fu nds Consolidated Statement of Act ivities and Cha nges in Net Assets 4 -1-07 to 3-31-08 Endowment Funds Russell G. Johns on Allen Maw by M aw by Fund Educational Fund Fund For Kids Fund Rev enues Spendable Income Membership Investment Additional Member Contributions 8,300 $ 67.900 $ 38,800 $ 46 ,200 MCFYP Rie cke r hchnology Richardson Public Inves t. Endowment Fund Fund Policy Education ' ' 330,400 Comm Fdn 52.300 ' 52,700 $ 22.600 ' 21,000 Re itz $ 2.600 CMF Core Endow. ' 17,474 Conference Income 34,196 Program(Admin Expenses w ages & Benefits Occupancy TelephOne Equipment l ease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Computer Dues & Sponsorship Books & Subscriptions (1 .972) 17,065 (9.729) (9.888) (85,818) (13.944) (12.831) 6.328 52.1 35 29.071 36.312 302,752 57.006 39,869 "' 22.703 19 3,722 5.175 4 5,782 79 96 4 33 16 S4 88 166 574 900 1,000 18.1 00 600 1,144 2,700 61 180 CommunicationsiPublications Professional Services 2.690 15,973 Travel Training & Seminars Conference & Meeting 5,855 16 Total Program/Ad m in 8,220 GRANTS Challenge Grants Mini-Grants Computer Grants Other G rants 5,737 5.474 3,399 5 1,508 4.976) 17.824 (3,852) 17,148 (524) 2.076 (24,349) 24,349 10,000 291 1,286 1,061 2 5,657 (862) 1,896 70 565 9,047 3,440 29,832 25,060 269,100 Budget 6 .500 36,124 1.300 34.196 18.650 1,300 Investment Income Total Revenues 12 Month ~ To tal 643.000 6,500 Other Grants Publications & library Services Other Income 643,000 11.300 81,400 ( 184.948) 536.172 735 .700 277.402 340.000 291 235 1.461 176 1,755 45 39 5,828 1.688 890 41.450 49,601 3,945 1,965 727 52 ,700 7.583 2,000 669 800 1,143 2, 100 3.799 22.400 12,100 7 .100 225 600 10,162 3.790 56,758 26,300 113,000 250 588 22,313 17.944 76,577 21,000 4 84.772 14.900 132,200 680,700 12.500 63,800 53,300 76,300 55.000 29,600 1,700 12.500 15,000 15,000 Total G rants Excess Revenues O ver Expenditures Beginning Net A sset s Transfer from Other Funds Ex cess Revenues over Ex penditures Ending Net A ssets Community Foundation E ndowment (1 ,892) 2 12,485 10.192 $202,293 S:\Finance\Finandat Statements\07-08\CM F FS 3-31-08 (1 4.373) 1,819,686 (82 ;73) $ 1,737,4 13 46,200 46,200 4 .011 1,044 ,771 34.789 $ 1.009,982 (9 .888) 1,207,662 (56.~88) $1 .151 ,574 2.600 12.500 33,652 7.405 (12 ,831) 8.877,491 1,425.335 1.436,583 296,748 $8.580,743 (44.~95) $ 1,380.440 65,;31) $ 1.371,052 (2.2 59) 2.600 (3,852) (524) 568.371 456,336 56.959 (25.~59) (24,~52) (3,;24 $543.312 $4 31,484 $53.835 (24,349) (24.900) 17,105.679 600,000 24,349 $575,651 17,105,679 600.000 667.900 17.037.779 ~ �Council of Michigan Foundations Core Operations Internal Statement of Activities 4-1-07 to 3-31-08 12 Month Budget 2007-08 Revenues Membership Investment Additional Member Contributions Other Grants Conference & Meetings Publications & Library Services Other Income Investment Earnings Total Revenues Program/Admin Expenses Wages & Benefits Occupancy Telephone Equipment Lease & Maintenance Postage Supplies Insurance Equipment & Furniture Depreciation Technology Dues & Sponsorship Books & Subscriptions Communications/Publications Professional Services Travel Training & Seminars Conference & Meetings (Gain)/Loss Sale of Fixed Assets Overhead Allocation to Spec Projects Total Program/Admin 12 Month Actual 2007-08 $ 1,002,000 190,000 25,000 657,000 24,000 6,000 105,000 2,009,000 951,375 165,960 23,247 547,429 28,143 6,695 146,902 1,869,751 Note 1 Note 2 1,000,000 68,000 17,000 4,000 25,000 30,000 6,000 976,084 67,227 12,681 3,728 13,369 32,718 4,178 Note 5 75,000 32,000 6,000 104,000 39,000 57,000 13,000 537,000 57,060 31 ,819 4,224 85,569 42,681 46,283 7,003 476,942 Note 7 (4,000) 2,009,000 (1 ,300) 1,860,266 $ Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants 0 0 Excess Revenues Over Expenditures 0 9,485 Beginning Net Assets CHANGE IN FUND BALANCE Transfers from Other Funds Ending Net Assets S:\Finance\Financial Statements\07-08\CMF FS 3-31..08 1,815,112 0 1,815,112 1,815,112 9,485 (600,000) $1,224,597 Note 3 Note 4 Note 6 Note 8 Note 9 Note 3 �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Rachel Mraz, CMF Trustee and Investment Committee Member and David R. Lindberg, Vice President Finance & Administration Re: March 31, 2008, Investment Report The following Resolution is presented for consideration: RESOLVED that the March 31, 2008, Investment Report be accepted as presented. On a quarterly basis, the combined Investment Committees for the Council of Michigan Foundations (CMF), Midwest Community Foundations' Ventures (MCFV), Learning to Give (LTG) and the Michigan AIDS Fund (MAF), meet to review the investment performance for the operating and permanent endowment funds. New Business On May 16, 2008, the Investment Committee will meet to review and approve the enclosed reports. Since the last CMF Board meeting, the Investment Committee has continued to explore other real estate investment options with a focus on more globally based funds that would provide greater diversification in this category. Alternative vs. Standard Allocation Investment Pools With the addition of the TIFF and Commonfund alternative products, the CMF Endowment Pool now has standard and alternative asset allocation pools. The standard allocation pool is rebalanced on a quarterly basis back to the targeted asset allocation noted in the attached report. The TIFF investment product rebalancing is handled by TIFF. The combined allocation of the standard and alternative allocation pools will be monitored on a quarterly basis by the Investment Committee with adjustments between the two pools being made as the committee deems appropriate. The combined investment return for the CMF Standard and Alternative Pools will be calculated as the various periods become available. The enclosed Investment Report is presented in two sections. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Investment Report 3-31-08.doc �Investment Report Page 2 Investment Perfor mance Report & Asset Allocation The benchmark is based on the targeted asset allocation noted in the attached report using the following return information: Asset Class S&P 500 S&P 400 S&P 600 EAFE FTSE NAREIT Equity Index Lehman Bros. Aggregate Allocation 37.0% 9.0% 6.0% 13.0% 5.0% 30.0% Investment Performance Comparison Report In addition to the Cambridge & Associates, Inc. pool of colleges, universities, and foundations, the committee has recently added the TIFF Multi-Asset fund for comparative purposes. The TIFF product is unique in the fact that it offers smaller foundations access to alternative investment products which have enhanced returns over the last several years. The reason this report lags the CMF Investment Report by one quarter is due to the time it takes Cambridge to collect the results from the pool participants. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Investment Report 3-31-08.doc �Council of Michigan Foundations Investment Report March 31, 2008 Investment Balance 3-31-08 Actual Asset Allocation Cash Targeted Asset Allocation Cash Operating Funds CMF Operating & Special Projects $4,258,432 100% 100% MCFV Special Projects $3,593,201 100% 100% KYIP Fund $6,051 ,895 100% 100% Michigan AIDS Fund $240,321 100% 100% Learning to Give $220,222 100% 100% Note: All operating funds are invested in money m arket accounts. CMF Combined Endowment Pool -Asset Mix Market Value Equities Fixed Income Real Estate Alternatives Cash Total $10,667,213 4,690,184 752,444 1,047,718 (119,757) 17,037,802 % 62.6% 27.5% 4.4% 6.1 % -0.7% 100.0% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return -0.82% N/A N/A N/A Blended Benchmark -2.05% N/A N/A N/A The CMF Endowment Pool has been broken down into two separate pools, a standard pool and an alternative pool. The asset mix listed above represents the combination of both pools. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Council of Michigan Foundations Investment Report March 31, 2008 CMF Standard Endowment Pool- Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities $4,635,296 1,161,767 772,774 1,739,978 692,813 9,002,628 Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total (119,757) 1,766,242 1,695,820 663,619 4,005,924 $ 13,008,552 Actual % Target % 35.6% 8.9% 5.9% 13.4% 5.3% 69% 37% 9% 6% 13% 5% 70% -0.9% 13.6% 13.0% 5.1% 31% 0% 13% 13% 5% 30% 100% 100% Standard Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return -2.47% 7.35% 11 .76% 6.01 % Blended Benchmark -2.05% 7.08% 11 .56% 5.67% S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Learning to Give Investment Report March 31, 2008 LTG Endowment Fund -Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % $1 ,085,573 272,386 180,848 421 ,568 162,033 2,122,408 35.2% 8.8% 5.9% 13.7% 5.3% 69% 37% 9% 6% 13% 5% 70% 3,166 400,501 399,399 157,036 960,102 0.1 % 13.0% 13.0% 5.1 % 31% 0% 13% 13% 5% 30% 3,082,510 100% 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Actual Investment Return -2.82% N/A N/A N/A Lipper Median Benchmark -2.05% N/A N/A N/A Investment of this new endowment fund took place in May 2006 This fund was established with a $3,000,000 grant from the W.K. Kellogg Foundation S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\lnvest Report 3-31-08 �Council of Michigan Foundations Investment Performance Comparison 12/31 /2007 Actual Returns Period Ending Quarter Blended Benchmark -1 .83% CMF Cambridge Pooled Pool Funds (Median) -2.07% 0.30% TIFF Multi Asset 1.10% One Year 5.50% 5.18% 11.40% 13.53% Three Years 8.54% 8.75% 12.00% 13.91% Five Years 12.20% 12.64% 14.10% 16.49% Ten Years 7. 19% 7.43% 9.10% 9.35% Period Ending One Yr Three Yrs 9.2% 5.6% 5.5% 8.6% 1.4% 8.4% 7.0% 4.6% 1 1.2% 16.8% 4.1% 3.3% Five Yrs 14.0% 12.8% 17.0% 4.4% 2 1.6% 3.0% Bench Marks W ilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Qtr Ending -3.2% -3.3% -4.3% 3.0% -1.8% 0.7% Asset Categories Cambridge Pool US Equities International Equities Fixed Income (less high yield) Cash Other Total Other· Detail Real Estate Hedge Funds Distressed Securities Arbitrage Venture Capital Private Equity Oil & Gas Partnerships High Yield Bonds Other NMAA Absolute Return Commodities Othe r 26.4% 22.6% 16.0% 2.5% 32.5% 100.0% Asset Allocation CMF Target 52.0% 13.0% 25.0% TIFF Multi Asset 6 1.1% Includes Inti & Resource 14.9% 10.0% 100.0% 24.0% 100.0% 5.0% 1.5% 5.0% 2.0% 3.2% 11.9% 1.2% 5.3% 1.4% 3.1% 1.0% 0.2% 0.4% 0.9% 3.9% 32.5% Ten Yrs 6.3% 5.9% 9.0% 6.0% 8.7% 2.7% 16.2% 4.3% 10.0% 24.0% • Re prese nts the latest return numbers available from Cambridge & TIFF. S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materia ls\lnvest Report 3-31-08 �CMF Council of Michigan Founcfations Serving grantmakers. Advandng giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Phillip Peters, Audit Committee Chair David Lindberg RE: CMF March 31, 2008 & 2007 Audit Report The fo llowing Resolution is presented for approval. RESOLVED that the March 31,2008 & 2007 Audit Report be accepted as presented. Because the Board Meeting is early this year, the audit report will be delivered at the CMF Board meeting with a copy sent to all board members following the meeting. Differences between Internal Statements and Audited Statements Due to the multi-year grant commitments received from Kellogg for their additional membership dues and Skillman for the Detroit office we will have a difference between the internal and audited statements for CMF Core Operations until both of these grants end. The accounting rules require multi-year grants to be booked as revenue in the year the grant commitment was made, even though the revenue supports future year activities. Grant Kellogg Additional Member Contribution ($750,000 for 2005-06 to 2009-201 0) Skillman Detroit Office Support ($75,000 2006-07 to 2008-09) Additional Revenue Booked Per Internal Statements $150,000 25,000 For audit report purposes the total amount of both grants were booked as revenue in 2005-06. �Combined Statement of Financial Position The decrease from the prior year is due to the reduction in cash held for special projects, primarily the Early Childhood Investment Corporation and Access to Recreation grants from the W.K. Kellogg Foundation. Investments The establishment of the CMF Core Services Endowment Fund increased investments by $600,000 for 2007-08, but was offset by the negative investment earnings for the same period. Grants Receivable The decrease from the prior year is due primarily to the balances remaining on the fo llowing grants that were awarded in 2006-07. Grant Access to Recreation Early Childhood Investment Corporation AIR 3-31-08 A/R_@3-31-07 $1,475,000 2,950,000 $7,285,000 4,250,000 Grants Payable $1,300,000 of the increase is due to an outstanding grant due to the Early Childhood Investment Corporation. Other Liabilities The increase from the prior year is due to the 2008-09 membership dues collected prior to April I, 2008. Net Assets- Unrestricted - CMF Core Services Endowment F und This fund was set up in May 2007. Net Assets - Temporarily Restricted The decrease from the prior year is due to reduction in balances of the following special projects. Grant Access to Recreation Early Childhood Investment Corporation KYIP (Kellogg Youth Initiative Project) Learning to Give support for The LEAGUE Balance 3-31-08 $4,696,685 3,060,500 4,741 ,580 725,000 Balance 3-31-07 $10,954,694 4,213,907 6,456,130 1,381 ,250 �Combined Statement of Activities Grant Support The decrease from the prior year is primarily due to the following grants that were awarded in 2006-07: Access to Recreation $1 4,767,161 6,339,775 Publications - Expense The decrease from the prior year is due to The Michigan Foundation Directory which is produced every other year. Professional Fees The increase is due to the Government Performance Improvement Initiative (GPII) which is new in 2007-08. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Financials Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book financials Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book financials. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50726 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/2fef7045c1ec11699a8e7ad420bfe604.pdf 6e2a1c796c41b637e101d48bb00a3d6f PDF Text Text Michigan's Foreclosure Crisis Briefing How Foundations Can Assist Families & Preserve Neighborhoods June 4, 2008 - 10:00 a.m. to 2:30p.m. Michigan Room, George W. Romney Building, Lansing A mortgage crisis is sweeping the nation and in Michigan the problem is even more complex. Over 200,000 Michigan homeowners have subprime mortgages and it's predicted that one-third of these borrowers will lose their homes to foreclosure. Our state has experienced several years of economic downturn including high unemp loyment and depressed home values. Foreclosure's related problems of fami ly upheaval, neighborhood blight and crime have only added to our economic stresses and challenged our community wellbeing. Join us for an educational briefing to examine this crisis from multiple perspectives and discuss opportunities for foundations to assist families and preserve neighborhoods. PRESENTERS & PERSPECTIVES Current knowledge on the extent of Michigan foreclosures and their ripple effects Shelby Chartkoff, senior researcher, Community Research Institute, The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership at Grand Valley State University Lessons from around the nation and the likely federal response George McCarthy, senior program officer, Ford Foundation The state's legislative response Mary Townley, director, Homeownership Division, Michigan State Housing Development Authority What lenders are lvilling to do Byna Elliott, vice president of community relations, Fifth Third Foundation Rural, urban and national foundation responses Jeff Jahr, senior program officer, Fremont Area Community Foundation Wendy Lewis Jackson, program officer, The Kresge Foundation This event is co-sponsored by CMF and the Neighborhood Funders Group. WHO SHOULD ATTEND This event is open to staff and trustees of foundations and corporate giving programs only. COST & REGISTRATION CMF members: $20 Nonmembers: $30 Three ways to register: I. Log-in and register at michiganfoundations.org - Recommended! 2. E-mail registrar@michiganfoundations.org 3. Ca11616.842.7080 Registration deadline: May 30, 2008 Cancellations will be accepted until May 30, 2008, after which there will be no refunds. MORE INFORMATION For more information, contact Jaclyn Miel-Uken. This event is co-sponsored by CMF and the Neighborhood Funders Group. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Foreclosure-Crisis-Briefing Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book foreclosure crisis briefing Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book foreclosure crisis briefing. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50727 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20