189 24 26018 https://digitalcollections.library.gvsu.edu/files/original/46f5d4d0634c2c3be50810c4cd9aa07b.pdf 58f940d58eac1a2dfe515e0f7b5cd68c PDF Text Text CMF Councilof Michigan Fou ncfat ions Serving grantmakers. Advancing giving. May 11,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Vicki Rosenberg, Vice President, Education, Communications External Relations Cc: Carol Goss, Chairperson, Governance Committee, and Chair Advisory Committee Re: Transforming Michigan Philanthropy Through Diversity & Inclusion This Memo highlights progress made since the Board of Trustee's February 2008 approval of the five-year Transforming Michigan Philanthropy Through Diversity & Inclusion Initiative. The Transforming Michigan Initiative is supported by a lead grant of $150,000 from The Kresge Foundation and $150,000 in in-kind consulting services from the Diversity in Philanthropy Project (DPP). Requests are pending or have been invited by The C.S. Mott Foundation ($150,000 Year One); Arcus Foundation ($150,000 over two years); The Skillman Foundation ($35,000 Year One); and W.K. Kellogg Foundation (specifics in discussion). Highlights of First Quarter Accomplishments Objective 1: For CMF to become a model regional association and national resource. • Creation of internal staff team • Launch of Demographic Survey by Community Research Institute (CRI), Johnson Center ATTACHMENT A is the letter introducing the Survey sent by Diana Sieger and Rob Collier • Advisory Committee invitations extended with first meeting scheduled June 25, 2008 • 5-year research and evaluation plan - Logic Model included as A ITACHMENT B completed by CRI and work begun to design baseline data collection tools. • External communications begun: 1. spring 2008 Memo to Members Chair's letter and article on CMF/DPP partnershipAITACHMENT C; 2. CMF/DPP partnership announced in DPP brochure distributed at Council on Foundations (COF) Summit and during diversity sessions; 3. report on five-year initiative made to COF Committee on Inclusion by member Vicki Rosenberg; 4 . session approved for Forum of Regional Associations 2008 summer conference Objective 2: To increase members awareness, understanding and action • Invitations extended for June 25 CEO Focus Group on Deep Diversity and Gender Equity facilitated by Mary Ellen Capek, DPP consultant and author • Marketing begun for July 9 CMF-AIIiance for Nonprofit Management (ANM) co-sponsored Cultural Competency Institute for Grantmakers in Dearborn • Plenary session and Race Matters Workshop in development for 36111 Annual Conference • Planning underway for Fall 2008 Knowledge Symposium through CMF/DPP partnership We look forward to discussing this Update with you at the Board Meeting. �1uaacnment J CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. Board of Tru>tees April 25, 2008 0 1ana R S1eger, Chatr Grand Rap.ds Commuruty Found.ouon Fl,zabtth A Chtr1n, Vtte Ch.n; COtiUIUirury Fofllftd.llolfJ Fremom Am Community 1-oundauon Melcwue 8 Cola.annr, VtcrCA.t~ C.,.,11k PhtllrtthroJ? MASCO CcxporatJOn FoundatiOn Betsy L'pton Sc:ovtr, Vur Cl..rr F. .Jiy F,.,J,ttnJ Fre:lnack S Up1on Foundauon Amando Van Dw<n, S....ury Mllltr, Canli<ld, Poddock and Sum<. PL.C PhaUJp H Perers. TI'MI.Iim Chulrs Stf'Walt Mort Foundauon Mr. James Acheson President James C. Acheson Foundation 600 Fort St Ste I 0 I Port Huron, MI 48060-3930 Re: Participation in a Demographic Survey of Michigan Foundations Dear James: R~rt S Collier, Pruukltt Councal of M1Ch1pn foundauoos Susa.n K Broman Sreelcne Fou.ndauon Cuoh.. E Oumb<n ComerJCI ChuJtable FoundatiOn John Colma Colma Foundauon Thomas 8 Cook Cook Famaly Foundauoo Davad 0 Egner Hudson-Wrbber Found.ouon Rev. J Loud Friton Kalamazoo Commun1ty Foundauon RUSS<II L Goho<r lrvtng S G.Jmon: Foundauon Allaft 0 Golmour Commumry Foundauon for Southeasr M1ch•gan Carol A Coos Tile Skillman Foundauon Wosl<y H Maunr.Jr Maclull&C bland Commumcy Fou.ndataon Russell G Mawby CMF AdvoJO<)I Cab.n<t Rachtl P Mnu Ealccn and Bni.n DeVnts Family foundauon Oa•od K Page Th< J<wosh Fund Carol Palnr·Mc('JO\"'f'm Pa1ne: Fam1ly Foundauon Thomas S Porter Pone:r fa.m•ly Foundat1on Dav1d S Stbastll.n 11lt St:bu:uao Foundauon The Community Research Institute (CRI) at T he Johnson Center for Philanthropy, Grand Valley State University, will be sending you in the next few weeks a survey on the demographic makeup of your foundation ' s staff and/or trustees. This survey is part of a national effort piloted in California by the New York based Foundation Center earlier this year. The survey will be administered next in New York and other regions of the country later this year. The Council of Michigan Foundat ions (CMF) has commissioned the Michigan survey to contribute to the development of national data on charitable foundations and for our five-year initiative, Transforming Michigan Philanthropy through Diversity und Inclusion, approved by the ~oard of Trustees in February 2008 and supported by a lead grant from The Kresge Foundation. Foundation demographics have become a focus of philanthropic research in response to scrutiny by Congress and the media and efforts such as those of the California based Green lining Institute to introduce legislation requiring foundations to document the diversity of their board, staff and grantees. While we do not anticipate such legislation being introduced in Michigan, we need up-todate information on trustee and staff demographics and current diversity policies in order to respond to questions. Please be assured that all individual foundation data will be kept strictly confidential by CRI. Please contact Vicki Rosenberg, vice president education, communications and external relations at 616.842.7080 or vrosenberg@michiganfoundations.org with any questions about this important Survey. We thank you in advance for helping us collect this important data. Gerold K Smoth Dc:uo1t Youdl Foun<bnon Slerhns; K Spe•m W K Kellogg foundauon Sincerely, Mugarer E Thomrsoo Har-ry A and Marsll!c-t D Tow:ilc-y foundat100 Omsua.n A Vc-luqua Midland Area Communuy FoundatiOn Diana Sieger Chairperson Robert Collier President & CEO Dan•<I J Wyom E.lw>nl Low< Foundtt.oo Lloyd J Yeo cc: Dr. Mary McDonald, director, Community Research Institute Wicksoa·Lmk MemO<oal Foundtuon Maio Office: On~ South H arbor llv~. Suor~ 3, Grand Hav~n. MI 49417 p 616.842.7080 f 616.842 1760 Sourheas r Mi chigan Office: I 00 Talon C~mre Drove, Suite I 50, Detroit, MI 48207 p 313.566.2444 ( 3 13 566.244 5 www. m1chigaofoundatoons.org �Attachment C p-rom the Board Chairperson and President OPTIMISM NOT foreclosure and education reform at A(hltving M1(higan's Transformation, CMF's ON HOLIDAY thetr annual retreat. 36th Annual Conference on October 12-14, Desptte a recent headlme in The New York Timer, optim tsm tS altve 2008 10 Grand / On March 20, our Annual Conference Committee selected 38 fabulous sessions for Achieving Michigan's Transformation, CM F's 36th Annual Conference on October 12-14, 2008 in Grand Rapids. and well10 RobColher CMF President th10k about what's in store this fall, I can't help bm say ·wow•· Michtgan - fueled in part by the Raptds. When 1 More than 200 guesrs jo10ed 20 members And, tf you're looking for or her reasons to parmerships Michigan grantmakers have for a spimed d ialogue on how ro engage be optimistic, visit michiganfoundacions.org with nonproflrs, school systems and experienced, older adults in revitalizing and read about the many contributions local government. M1ch1gan and create an "Encore Economy" of CMF members around Michigan and the My opumlSm recently recetved three boosts: Communny foundation CEOs shared wHh author Marc Freedman at an event exceptional activities and events planned for sponsored by CMF and the EngAGEment spn ng and summer. lnittattve of Gran croakers 10 Aging. innovartve ways their foundations are tackling rough issues like housing On March 20, our Annual Conference Committee selected 38 fablllolls sessions for 2 All of us at CMF send Happy Spring wishes, ()a Memo ro Members �[. Diversity & Inclusion CMF AND DIVERSITY IN PHILANTHROPY PROJECT FORGE PARTNERSHIP FOR DIVERSITY AND EFFECTIVENESS The Counc1l of M ichigan Foundations findmgs on the link between divers1ry a11d Gendn· Equably, co engage Michigan (CMF) and the DiverSity 1n Philanthropy md foundatJon effecuveness,'' sa1d Ramos. leadersh1p on rhe CMF Pres1denr and CEO RobertS. Collter Designmg and testing prcxesses for ProJeCt (DPP) have formed a spec1al parcner;hip ro develop new knowledge, is equally exCited about this opporruniry. tools and support for increasmg diversity and inclus1ve pracnce among foundauons "In March 2008. Henry and I discus~d che in M1chigan and the nation. partnership with the CEOs of 31 regional .ISsooarions of grantmakers who, together Th1s partnership IS part of a larger five-year inmanve CMF has undertaken called Trm/Jforming M1rh1gan Through with CMF, serve more than 4,000 foundations across rhe U.S.," said Collier. 1s~ue idenufymg and d1ssemmaung "gold standard" d1vers1ty resources such as a rticles, consultants, self-assessment tools and other resources • A Knowledge Symposium m Fall 2008 ro ident~fy factors needed to budd and sustam a diVe~ D111tr1if) & lrubmon- funded mitially by a $150,000 grant from T he Kresge Fo u nd a tion . DPP IS a three-year, natiOnal mlttauve inmaced by Roberr K. (Bob) Ross, president and IOcfUSIVe f I am excited about our partnership with CMF and the research we will undertake to track and report foundation performance on diversity measures as well as share our findings on the link between diversity and foundation effectiveness. and CEO of the Cahforrua Endowment and othtr field leaders. lr is a voluntary 101t1at1ve of more chan 30 leading foundation trustees, senJor staff and philanthropy network executives comm1cted ro mcreasmg rhe d1vers1ry of foundation boards, staff and grantmakmg through open d1alogue and strategiC acr1on. Among ItS supporters are the W .K . K ellogg Fo und ation and the - He nryAJ. Ramos "The field s~ms potsed to cake aCtiOn on DPP Js led by 01recror H enry A.J. Ramos Anna-Nanmc S. Pond and )ess1ca Bearman, who are working closely With C MFs pannership leader Fo undation , and CMF trustee Carol Goss, prestdenr of The Skillman Fou ndation and cha1r of CMFs Governance Commmee pa~s1ng tts first resolution in (servi ng as the advisory committee for the 2002," he added. "And the board o~.nd I are rewy overall fi,·e-year inmauve) share Coll1er's J.nd eager to work wnh DPP on the and Ramos' enrhus1asm. development and teSting of tools, resources and models." "Om member foundatiOns recognize the unique and important leadership role CMF T he pannersh1p will bu1ld on each p lays w1rhm che field natiOnally," sa1d organization's respecnve strengths. DPP Sieger. "The enrire board Js betund CMF's prov1des a centralized source of expertise on work and 1s grareful tO Bob Ross, Henry an unusually broad range of divers1ry and Ramos and his rearn for mclusion issues. CMF provides a strategic sewng and commitment tO apply that experr1se 10 a scare recogn1zed for Hs innovation and leadership for effective foundation prac[Jce. the~r leadership." For mort mformauon abour rbt /it-t·)tl1r Tramfunmng /'.lichigan Through Du~rmy and lnrlus10n ini1tat1Vt!, viiit the Projeas and Col/abora11ons aru of mtchJganf6uMIIOm.org, or rontan v1ce president Over rhe next 18 monrhs, the CMF-DP P Vicki Rosenberg al 6/6.842.7080 Qr of educanon, partnership w.Il focus on producmg new t'f"OSCibtrg<S michigan[o11nd:trions.or,.. commurucations & external relatiOns. "I am excited .thout our parcnership with knowledge and related tools and resources through three pri ma ry activities: CMF and rhe research we w1ll undertake ro A CEO Focus Group on June 25, 2008 :rack and report foundation performance on with Mary Ellen Capek, co-amhor of diversitY measures as well as share our E.fltctit't! Philanthropy through D«P Dit't!mty rn 1ch 1ganfoundations.org the Grand R apids Communiry Board of Trustees has supported smce VJck1 Rosenberg, Henry AJ. Ramos G'-fF Ch~1r D1ana Sieger, pres1dent of d1versity and inclusion, an issue the CMF Charles Stewa rt Mo rt Fo u ndation . and a team of expert consultants including foundation 5 Memo ro Members � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Governance-Committee Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book governance committee Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book governance committee. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50728 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/63a88253f3c22975ca0cdd4a2a4a373a.pdf 9f6dcdc876fcd9aa1da16c3e1a824353 PDF Text Text eMF Council of Michi an Foun:fations Serving grantmakers. Advancing giving. Date: May 12,2008 Memo to: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Carol Paine-McGovern and Andrea Cole, Co-Chairs, Government Relations Committee and Rob Collier, President Re: Government Relations Report 111 Since the February Board Meeting, CMF celebrated its 30 annual Foundations on the Hill visit. Included as ATTACHMENT A is the list of participants in the Washington visit. Included as ATTACHMENT B is the article from the spring issue of Memo to Members that highlights Foundations on the Hill. There has been a lot of activity on the legislative front both at the federal and state level, and your action is requested on three Resolutions in advance of the update. I. AMENDMENT TO POSITION ON FEDERAL EXCISE TAX RESOLVED that Goal 4 be amended from repeal of the excise tax on private foundations to "Support simplification of the excise tax on private foundations to a flat tax that is revenue neutral for the federal government." Background The 1984 Tax Act allows the excise tax on investment income to be reduced from two to one percent if a foundation's payout for the year in question equals or exceeds an amount equal to the year's assets, times the average payout percentage for the five years, plus 1 percent of the foundation 's net investment income. Private foundations are the only 501(c)(3) organizations that currently pay this federal tax. The current formula is difficult to administer and limits instead of serving as an incentive for charitable giving. Most small unstaffed private foundations have to rely on accountants to calculate the tax. While CMF has advocated for simplification of the excise tax to a flat one percent as an intermediary step to repeal of the tax, the readers of our Legislative Goals Statement do not always read the rationale statement. Members of the Michigan Congressional Delegation have indicated a willingness to support simplification of the excise tax to a revenue neutral number when they are given the explanation that the current formula of is costing Michigan charitable dollars. According to the Council on Foundations (COF), the Joint Committee on Taxation did an analysis in 1993 that indicated a revenue neutral number would be 1.43%. Because no one knows the current number, the Charles Stewart Mott Foundation has given a grant to CMF to retain Cambridge Associates to do this analysis. Once this analysis is complete, we will organize a conference call with the Board of CMF and the Government Relations Committee to discuss Page I �how we should use this information. The Council on Foundations (COF) Public Policy Committee, which Rob Collier serves on, has recently amended its position to reflect this revenue neutral position and will be recommending this position to the COF Board. The revenue neutral number is being recommended in light of the federal govemment 's financial situation, and that the government is operating under "pay go" rules in the House of Representatives. This means we could end up with a higher payout rate in exchange for a flat one percent rate. II. POSITION ON CALIFORNIA ASSEMBLY BILL 624 RESOLVED that the Council of Michigan Foundations joins with the Northern California Grantmakers, Southern California Grantmakers and San Diego Grantmakers - the three California Regional Associations and the C ouncil on Foundations in opposing California Assembly Bill 624 because this legislation: • ignores the commitment of many of our members to better reflect, represent, and serve all populations through the impact of the operations - governance, staffing, business practices and grantmaking - of organized philanthropy, • mandates the collection of data related to the diversity of our boards, staff and grantees that may be impossible to accurately collect, and • has the potential to both negatively impact the very diverse populations and communities it seeks to serve, and to slow-rather than grow - philanthropy and philanthropy' s commitment to serve such populations. RESOLVED further t hat, in recognition of both C MF's Board approved Diversity and Inclusion Initiative and the appropriate bala nce between the voluntary decisions of individual grantmakers with the sector's responsibility to serve the common good and all of society, the Council of Michigan Foundations supports the call to action from the Council on Foundations that all of philanthropy join in a growing commitment to respond to the appropriate concerns about our lack of progress to date and our collective commitment to increasing our value for and leadership to the importance of diversity and inclusiveness in all that we do. Background California Assembly Bill 624 would require all foundations (30) in California with more than $250 million to prov ide annual documentation on the ethnic diversity of foundation trustees, staff, as well as grantees and vendors. While there has been widespread opposition to this Bill, it did pass the Assembly and is now awaiting action by two committees of the Californ ia Senateone which will meet next week. Staff of the Greenlining Institute of Berkeley California, author of the legislation, has met with Congressman Rangle, Chair of the House Ways and Means Committee, to encourage introduction of this legislation at the federal level. The Institute has also indicated that it intends to have this legislation introduced in New York, Pennsylvania, Florida and Texas. As Chairperson Diana Sieger wrote in her recent Memo to Members letter, we heard from Steve Gunderson at the Council on Foundations that our field must either lead or be legislated. Through our D iversity and Inclusion Initiative we have taken the position to be a leader. At the Page 2 �recent COF Summit, Congressman Becerra of California stated that Congress needs to be able to justify the $32 billion earmark that is gives for gifts to foundations. While not endorsing this California Bill, he made it clear that diversity is also a matter of class and he along with others in Congress want to know how foundations are helping the neediest. III. UPDATE on Michigan Nonprofit Corporation Act RESOLVED that CMF support HB 5681, sponsored jointly by Majority Floor Leader Steve Tobocman and Representative Bill Huizenga, to amend the Michigan Nonprofit Corporation Act to accomplish the following: • The board of directors of a nonprofit corporation would need at least three directors. Currently, the act requires "one or more" directors. Under the bill, an existing corporation would need to have at least three directors beginning 180 days after the bill's effective date. • A corporation that is a "charitable purpose corporation" could not provide loans to or guarantee an obligation of an officer or director of the corporation or a subsidiary, unless the officer or director is also a client of the corporation and the loan or guaranty is necessary to carry out the corporation's charitable purposes. • A charitable purpose corporation that is dissolved would have to provide notice of the dissolution to the attorney general within 60 days after the date of dissolution and could not dispose of any of its assets without written approval of the attorney general. Background State Goal 7 ofCMF's Legislative Goals Statement is to support revisions to the Nonprofit Charitable Act. The full revisions as proposed by a Committee of the State Bar and Michigan Nonprofit Association and CMF is more than 150 pages long. This Bill is the second - following the electronic voting issue discussed in this Board Meeting under Bylaws Amendment- in what will be a series of Bills to move the most critical updates needed. The three changes highlighted above have been identified as vital as to promote accountability in the sector. The bill has been referred to the Senate Committee on Economic Development and Regulatory Reform. IV. FEDERAL UPDATE Extension of the IRA Charitable Rollover- A CMF Priority A one-year tax extenders plan will be taken up by the House Ways and Means Conunittee during the week of May 12 and should be on the floor this month, according to Committee Chairman Charles Rangel (D-NY). The measure is likely to extend tax provisions that expired at the end of 2007, including charitable giving incentives, such as the IRA Charitable Rollover, and renewable energy tax credits which are set to expire at the end of this year. In an effort to avoid an impasse with the Senate that has previously blocked passage of the extenders, Chainnan Rangel reportedly is reconsidering which revenue raisers will be included to offset the cost of the other prOVISIOnS. A broader, two-year extenders bill, S. 2886, may be marked up in the Senate Finance Committee in the first week of June, according to Conunittee Chairman Max Baucus (D-MT). A diverse Page 3 �coalition of labor, business and nonprofit organizations wrote to House and Senate leaders urging them to expeditiously move the tax extenders package in a manner that President Bush will sign. The 113 signers ofthe letter stated, "we are troubled by the current impasse that is creating enonnous difficulties across the nation, impeding economic activity and creating confusion in personal and business affairs." Extension of the IRA Charitable Rollover was discussed with all members of the Congressional Delegation during Foundations on the Hill. Extension of the Conservation Easement- A CMF Priority Joanna Foust, Legislative Aide to Representative Dave Camp, reports that the Conservation Easement w ill be included in the new Farm Bill, now being negotiated by a Conference Committee that includes Senator Stabenow. CMF has been in contact w ith Senator Stabenow on the need for this extension. Finally, we learned at Foundation on the Hill, that 2009 will be a significant tax reform year for the federal government. We look forward to having the Government Relations Committee meet in August to discuss these issues, such as repeal of the Estate Tax, and recommend positions to take at the October Board Meeting. V. STATE UPDATE The Low Profit Limited Liability Corporation (the L3C) Act legislation will be introduced this week by Senator Jason Allen, Chair of the Commerce Committee. CMF members w ill be asked to join Rob Collier in testifying as soon as the Committee Meeting is scheduled. Similar legislation has now been passed in Vern1ont. Included as ATTACHMENT C is the Frequently Asked Questions sheet on the L3C distributed at the recent COF Summit. VI. NEWS FROM OTHER STATES Massachusetts Lawmakers have asked state finance officials to study a plan that would impose a 2.5 percent annual assessment on colleges and universities with endowments in the state over $1 billion. Legislators estimate that the assessment fee would raise approximately $1.4 b illion a year, or five percent of the state's annual budget. In support of the approach, State Senate President Therese Murray said, "Some of these institutions give very little back to their communities. With such large endowments, they should be doing more." Universities that could be subject to the annual assessment include Harvard University, Amherst College, Boston College, Boston University, Massachusetts Institute of Technology, Smith College, Tufts University, Wellesley College, and Williams College. The University of Michigan, with its endowment exceeding $7 billion, would be the largest institution in our state impacted by such a provision. With at least 22 states including Michigan anticipated to be facing budget deficits in 2009, there is likely to be other efforts to legislative revenues from the nonprofit sector. We will continue to monitor the Massachusetts effort and more, such as the property tax case dealing with a day care center in Minnesota. Page 4 �Attachment CMF Council of Michigan Founaations ~rvong gnmtmoun.Adwn<ing giVIng CAPITOL HILL VISITS VITALLY IMPORTANT, SAY CONGRESSMEN & STAFF It's been more chan a month since the legislative aides and rhe Council on CounCil of Mich1gan Foundauons (CMF) led Foundauons. a delegation of membe~ from around the scare to Washingcon D.C. as part of Foundations on the H1ll and the 1mpact of chose meetings w1th fedeml lawmakers is mil resonating. "The 35 firsr-nme and vt>teran Foundauons on the Hdl participants from Michigan made up the largest contingent of che 290 foundauon represenrauves from 35 scares and the Disrri([ of Columb1a who participated in chis year's event," says Collier. ''Th1s shows an incredible commirmem by our members m gee our message across co Congress." COF Pres1denr and CEO Steve GunJer~on, who welcomed CMF members ro the Hdl \'ISit durmg an onemauon session at The Smorhs.omon National Museum of the "It was 1mporcanr w hear from Ml(higan's foundation leaders how profoundly 1mporcam vanous (pend1ng) leg1slat1on IS co them and American lnd1an, says CMF members "are cons1scenrly one of rhc strongest vo1ct:s heard on the Hill. for me ro learn about how their work is 'The (M1ch1gan foundauon) connngenc IS help1ng our state especially in these uoubled always among rhe rop 1n terms of be1ng times," says U.S. Scnaror Carl Lcvm (0-Ml). "As I calk co my fe II ow senacors I share chat information with them . . . and 1 believe 1t really makes a difference," says ~vin "W•thout chose (CMF) ~!Sits lase month I wouldn't be as mformed as I needed co be. prepared. shanng the1r rhoughrs and advocaong for pro-phlldnthropy leglslacioo," says rhe former 16-cerm Wiscons1n congressman. "We hear chat wherever we go. That's a crcdl( co CMF and 1ts members." Several longressional leaders say they were They prov1de me wllh the information to impressed by rhe passion char CMF members make my case." showed 1n presenting the•r case on ~everal bills on whiCh they w11l soon vote. Th1s yedr's two-day SOJOUrn co the H11l March 4-5 -led by CMF President and Rep. Dave Camp, (R-Disrricc 4), adds, "I CEO Robert S. Collier- marked rhe 30th Strongly support the work of the foundanon annual rnp by M1ch1gan foundatiOn commun1ty m Mich1gan and my staff needed leade~ and staff. to hear the messages char CMF and the1r lc is Coll ier"s and CMF's ongoing professional relationship with many of Mich1gan's 17 U.S. senators and representatives chat helped open che door for one-on-one meermgs berwecn the CMF group and rhe elecred offic1als, according w several congressional members brought to che H1ll last month. Ir is 1mponanr work ...and we need strong legislanon ro support IL lm glad we got m hear from our Mich1gan ph1lamhrop1StS lr's rmporranr char we did." ~ontinu.ed 011 page 3 �CMF Council of Michigan Foundations Foundations on the Hill 2008 Participant Roster Serving grantmake,, Athonclng giving. Cindy Allison V ice President Comerica Bank 411 W Lafayette MC 3462 Detroit, Ml 48226-3120 313-222-7091 CCAIIison@comerica.com Caro lyn A. Bloodworth SecretaryIT reasu rer Consumers Energy Foundation One Energy Plaza Dr Room EP8-2l 0 Jackson, MI 49201-2276 517-788-0432 cbloodworth@cmsenergy.com David 0. Egner President Hudson-Webber Foundation 333 W Fort St Suite 1310 Detroit, MI 48226-3149 313-963-7777 degner@hudson-webber.org Robin D. Ferriby Vice President Philanthropic Services Community Foundation for Southeast M ichigan 333 W Fort St Suite 2010 Detroit, M I 48226-3 134 313-961-6675 rferriby@cfsem.org Sheri A. Brady Director of Public Policy W.K. Kellogg Foundation I M ichigan Ave E Battle Creek, M l 49017-4005 269-969-2032 shcri.brady@wkkf.org Jodee Fishman Raines Executive Director The Jewish Fund 6735 Telegraph Road P.O. Box 2030 Bloomfield Hills, Ml 48301-3 14 1 248-203-1487 raines@jfmd.org C. David Campbell President McGregor Fund 333 W Fort St Ste 2090 Detroit, MI 48226-3 134 3 13-963-3495 dave@mcgregorfund.org Russell L. Gabier Secretary/Trustee Irving S. Gilmore Foundation 251 6 Frederick Avenue Kalamazoo, MI 49008-2 148 269-342-64 1 l russell.gabier@wmich.edu RobertS. Collier President & CEO Council ofMichigan Foundations I S Harbor Dr Ste 3 Grand Haven, Ml 494 17- 1385 616-842-7080 rcollier@michiganfoundations.org Susan Gainer Admin. Assistant/Accountant Four County Community Foundation 79700 McFadden Rd Armada, M T 48005 81 0-798-0909 susan@4ccf.org Deborah I. Dingell Vice Chair General Motors Foundation 5208 Royal Vale Lane Dearborn, MI 48 126 202-775-5068 debbie.dingell@gm.com Michael B. Gallagher Editorial Consultant Council of Michigan Foundations PO Box 1154 6417 Destin Court Saugatuck, MT 49453 269-978-7024 cmfmichael@aol.com �Foundations on the Hill 2008 Participant Roster Carol A. Goss President and CEO The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1185 cgoss@skillman.org Danielle Olekszyk Chief Financial Officer& Treasurer The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1178 dolekszyk@skillman.org William Hanson Director of Communications & Tech. The Skillman Foundation 100 Talon Centre Dr Ste 100 Detroit, MI 48207-4266 313-393-1163 whanson@skillman.org Carol Paine-McGovern President Paine Family Foundation 2445 Hall Street SE Grand Rapids, MI 49506-3504 616-285-0409 painemcgov@aol.com Brenda L. Hunt President & CEO Battle Creek Community Foundation One Riverwalk Ctr 34 W Jackson Street Battle Creek, MI 49017-3542 269-962-2181 brenda@bccfoundation.org Andrew C. Richner Member Clark Hill PLC 500 Woodward Ave Ste 3500 Detroit, MI 48226-3485 313-965-853 1 arichner@clarkhill.com Jaclyn Miei-Uken Public Policy Fellow Council of Michigan Foundations I S Harbor Dr Ste 3 Grand Haven, MI 49417-1385 616-842-7080 jmiel-uken@michiganfoundations.org Mariam C. Noland President Community Foundation for Southeast Michigan 333 W Fort St Suite 2010 Detroit, MI 48226-31 34 313-961-6675 mnoland@cfsem.org Colleen Ochoa Peters Director Philanthropic Services Community Foundation for Southeast Michigan 333 W Fort St Suite 2010 Detroit, MI 48226-3134 313-961-6675 cpeters@cfsem.org Kimberly Roberson Program Officer Charles Stewatt Mott Foundation 503 S Saginaw St Ste 1200 Mott Foundation Bui lding Flint, MI 48502-1807 810-238-565 1 kroberson@mott.org Vicki J. Rosenberg VP Education, Corrun. & External Relations Council of Michigan Foundations I S Harbor Dr Ste 3 Grand Haven, MI 4941 7-1385 616-842-7080 vrosenberg@michiganfoundations.org Colette Royal Kalamazoo Community Foundation 151 S Rose St Suite 332 Kalamazoo, MI 49007-4773 269-381-4416 �Foundations on the Hill 2008 Participant Roster Gloria Z. Royal Vice President Marketing Communications Kalamazoo Community Foundation 151 S Rose St Suite 332 Kalamazoo, MI 49007-4773 269-381-4416 groya1@kalfound.org Diane Thompson Executive Director The Miller Foundation 310 WahWahTaySee Way Battle Creek, MI 49015-4065 269-964-3542 dthompson@millerfdn.org Frederick Shell President DTE Energy Foundation 2000 Second Ave 2386 WCB Detroit, MI 48226-1203 313-235-8821 shellf@dteenergy.com Michael P. VanBuren Communications Manager W.K. Kellogg Foundation I M ichigan Ave E Battle Creek, MI 490 17-4005 269-969-2146 mpv@wkkf.org Diana R. Sieger President Grand Rapids Community Foundation 161 Ottawa Ave NW Ste 209C Grand Rapids, MI 49503-2757 616-454-1751 dsieger@grfoundation.org K yle Swanson Y AC Member/MCFYP Committee Tuscola County Community Foundation 4250 Robinson Road Cass City, MI 48726 989-658-8690 kswanson07@hotmail.com Duane L. Tarnacki Member Clark Hill PLC 500 Woodward Ave Suite 3500 Detroit, MI 48226-3485 313-965-8264 dtarnacki@clarkhill.com Jenee L. Velasquez Executive Director Herbert H. and Grace A. Dow Foundation 1018 W Main St Midland, MI 48640-4264 989-631-3699 j enee@hhdowfoundati on.org Lawrence H. Wallach Executive Director Michigan Masonic Charitable Foundation 1200 Wright Ave Alma, MI 48801-11 33 800-994-7400 lwallach@masonicpathways.com Steven Webster Trustee Capital Region Community Foundation 484 Administration Building Michigan State University East Lansing, MI 48823 517-353-9000 websters@msu.edu �Attachment c The L3C the for profit with a nonprofit soul FAQs about L3Cs 1. What is an L3C? An L3C is a low-profit limited liability company, which is simply a variant form of the popular LLC (limited liability company). The LLC is an organization that combines the best features of a partnership (flexibility, ease of organization, and simplified taxation) with the best features of a corporation (liability protection and easier transferability of ownership.) The L3C variant is the brand name for the first viable hybrid structure that links business methods with charitable purposes in a for-profit entity organized to engage in socially beneficial activities. Because L3Cs are a variant of the LLC, they offer instant credibility--a legal and commercial comfort level--that stems from the successful experience investors, suppliers, and consumers have had with LLCs over the last generation. I 2. Are any L3Cs already in operation? Yes, Just two. On April30, 2008 Jim Douglas the Governor of Vermont signed H.775 the first bill in the world authorizing organization as an L3C. Other bills that would make the L3C a reality are currently being considered in a diverse group of state legislatures. Since Vermont has passed legislation authorizing creation of L3Cs, they may be created in that state, and may operate anywhere much as one often incorporates a corporation in Delaware and operates it elsewhere. The first two L3Cs established are L3C Advisors L3C and the second is Non-Profit Investors, L3C formed by a gentleman in Vermont named Nathan Freeman. L3C Advisors L3C was organized by Robert Lang and will include other L3C supporters who have organized it for the purpose of facilitation and assistance in forming L3Cs. 3. How does an L3C differ from a nonprofit charitable organization and how does it differ from a for-profit business? An L3C is run in most ways like a regular business, and may enjoy profits if successful. Its managers need not worry about the unrelated business income tax that applies to charitable organizations, nor that the organization might lose its exempt status because its operations are too commercial. But �The L3 C the for profit with a nonprofit soul unlike a for-profit business, the ultimate aim of the L3C is not to make a profit, but to achieve socially beneficial purposes. The L3C thus occupies a unique niche between the for-profit and charitable sectors. 4. Can you provide examples of the sort of enterprise that might be organized as an L3C? L3Cs would typically involve businesses that serve socially beneficial purposes, and have some economic viability, but which would have difficulty attracting capital because of high risk, low return, or both. A few examples: 1) A hotel planned for a deteriorating central business district would have some ability to generate revenue, but not enough, perhaps, to attract sufficient capital to begin operations. 2) Historic buildings could perhaps be saved, and turned into office and retail property, but the costs of renovation may be so steep that the projected rents cannot support market-rate debt incurred to finance those renovations. 3) A factory that has been the primary employer for much of a town's work force may need to replace obsolete equipment at great cost, leading its owners to explore relocation of manufacturing operations to a lower-cost foreign jurisdiction. In all of these situations, an L3C might be created to undertake the low-return, high-risk business activity involved in these situations, with a view to combating economic deterioration, destruction of historic property, or job loss. 5. But "low-profit" doesn't sound very appealing for investon. How will L3Cs attract the capital they need? This is the key element in this innovative business vehicle. It is expected that at least two and possibly three tiers of capital will be involved in an L3C. First, a junior tier of capital (the capital most at risk in the enterprise) would be provided by foundations in the form of "program related investments" (PRis). PRis are investments that may involve high risk, low return, or both, which are made despite those disadvantages because they are intended to achieve charitable purposes. Under the fede ral tax laws, private foundations must distribute five percent of their capital each year for charitable purposes. Usually, foundations do this by making grants. However, foundations are permitted to make PRis instead, and to count funds so invested in determining compliance with the five-percent requirement. Despite the availability of this opportunity, few foundations make significant investments of this sort, in large part because of the difficulty and expense of being sure that any particular proposed investment would qualify as a PRJ. Because the L3C vehicle is especially created to receive PRis, it is reasonable to hope that the PRI approval process can be streamlined. The foundations holding PRis in an L3C would have the last claim on the assets of the enterprise ) �The L3 C the for profit with a nonprofit soul upon dissolution, and would accept as well a rate of return that would be below the market rate. This tier of capital would, by absorbing risk and making only very modest claims on profits, provide a base that would make the more senior tiers in the capital structure less risky, and more profitable. The most senior tier of capital would be provided by investors that need to generate market rates of return, but that nevertheless would like to invest in projects that provide tangible social benefits. With the PRI capital in place, market rates of return, at acceptably low risk, can be promised to investors of this sort, such as pension funds, community banks- indeed, nearly any sort of socially conscious investor. Perhaps the most interesting tier in the capital structure of an L3C is a potential intermediate tier, between the somewhat risky, low-return PRI, and the market risk-and-return senior tier. The investors participating at this "mezzanine" level would be ones whose notion of return is broader than that of the capitalist who considers only the level of risk and the rate of return. This type of investor is willing to accept some of its return in the form of enhanced social welfare. This group of investors would be junior to the market-rate tier of capital, but senior to the private foundation PRI-generated capital. ( 6. How would an L3C be taxed? In the same way as an LLC is taxed, which in turn resembles the manner by which a partnership is taxed. No federal income tax is imposed on the entity itself. Instead, items of income and expense are allocated among the members of the L3C, and reported on their returns as the income is earned. It is important to note that, although the L3C serves charitable ends, it is not exempt from taxation. Though L3C s by their nature begin as enterprises that are expected to generate low overall profits, if those businesses exceed expectations, the profits generated would be exposed to taxation at whatever rates of tax would apply to their investors. �·- - - - - - - - --- The L3 C is a project of The Mary Elizabeth & Gordon B. MANNWEilER FOUNDATION INC. PO Box 361. Cross River. New York 10518 Contact : Robert M . Lang Jr .• CEO 9 14-248-8779 rlang@fabriquecosmet ique.com We leverage our resources to support alUi expand the breadth, reach, and selfsuffi.Ciency ofthe socially beneficial sector and the resources available to achiCIIe socially beneficial results. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book government relations committee report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book government relations committee report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50729 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d99071ebd4c94e4d11b6c66449517078.pdf 9f43111f63afd565ea3e79c3edd66046 PDF Text Text RESOLVED that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Jaclyn Miei-Uken, for her dedicated service as the 20072008 William C. Richardson Public Policy Fellow, including: coordinating Public Policy Briefings with the Office of the Foundation Liaison; organizing groups of funders such as the Arts Affinity Group; managing special projects such as the engagement initiative with Grantmakers in Aging; working with policymakers both in Lansing and Washington on new opportunities for philanthropy such as the L3C bill; conducting research for new collaboratives such as the Access to Recreation Initiative; and working with the staff and the Board of Trustees of CMF to strengthen, promote and increase philanthropy in Michigan. Diana R. Sieger, Chairperson May 20, 2008 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Jaclyn-Miel-Uken Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Jaclyn Miel Uken Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Jaclyn Miel Uken. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50730 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/3dd80732bebc8055c4d110db57afdeac.pdf cf8dec6cdab0da75ffce46f1c6f5bd20 PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: May 12, 2008 Memo To: Diana Sieger, Chairperson, and Members of the Board of Trustees From: John Colina, Chair, Membership Committee, Rob Collier, President, & Jeri Fischer, Membership & Special Projects Director Re: Membership Report and Dues Increase Marketing I. Proposed Change in Corporate Giving Programs Membership Category The follow ing Resolution is presented for action. RESOLVED that the criteria for membership for the category: Corporate Giving Programs and Consultant Service Business be changed from " Must make annual grants to charitable organizations in excess of $50,000 ..." to " Must make grants to charitable organizations of $25,000 over a five year period." Background The Membership Committee met on March 19 in person and by conference call. A key item on the agenda was a review of the criteria for corporate giv ing programs. Given the economic uncertainty of the state and world at this time, there was agreement that CMF should consider lowering the threshold to a more reasonable multi-year level. It was noted that this dollar level does not take into account the value of in-kind gifts and the volunteer time many Michigan companies give by supporting employee volunteering. Lowering the threshold should help in efforts to recruit more corporate giving programs and consultant service businesses as members. II. Marketing Plan for Dues Increase with Calendar Staff looks forward to counsel from Trustees on the following ideas. Included as ATTACHMENT A and approved at the February 2008 Board meeting, beginning April 1, 2009, all dues categories, whether based on assets or grantmaking, will increase 10%. The last dues increase was 20% beginning April I, 2004. When the Membership Committee met in March, it recornn1ended development of a marketing plan with timetable for the dues increase that would also include a personal customized letter from Rob Collier and the appropriate Vice Chair along with a one page Member Benefits piece. The draft letter and Member Benefits piece are included as ATTACHMENTS B and C. In order to market the increase in dues, CMF would include the following infonnation in publications and presentations like Memo to M embers, Family Philanthropist, E-NEWS, Family Foundations Retreat and Annual Conference, and other marketing opportunities: �Membership Report May 12, 2008 Page 2 • • • • • • • Size of the increase Interval since last increase Special programs that need funding Level of member satisfaction Cost of services Reason(s) for the increase Value of services being provided: (Almost any level of dues will be acceptable if the members believe that CMF delivers real value for the money.) The following implementation steps are suggested by staff for discussion with the Board. Time Line June B egin individual meetings w ith CEOs of highest dues paying members Send letter to all members explaining dues increase, by constituent group Discussion at Family Foundations Retreat on M ackinac Island July/August/Sept Article(s) in Memo to Members, Family Philanthropist, E-NEWS October 12-14 Discussion at Members Meeting at CMF Annual Conference January 09 Send renewals for 2009 reflecting dues increase III. Membership Report There are no new members to act on since the February Board Meeting Activity Summary for period April 1, 2008 through May 7, 2008 Memberships at 4/ 1108 Dropped Membership at 517/08 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 397 5 392 190 49% $ 604,100 13 $ 6,100 �Membership Report May 12, 2008 Page 3 Summary of current membership The following chart summarizes the current membership composition of392: 225 Private: Family Foundations Independent Foundations 168 57 96 Community: Foundations Affiliates Donor-Advised Funds 56 Foundations Giving Programs 24 21 33 7 45 Corporate: 18 Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 17 1 8 7 1 392 392 Dropped from Membership American Axle and Manufacturing (no corporate giving at this time) The Campbell Fund (member of Association of Small Foundation - no interest expressed) Benn and Kathleen Gilmore Foundation (have not endowed foundation) Howard Miller Foundation (no interest expressed) William and Sarah Seidman Foundation (out of state AZ, no participation) �Attachment A CMF 2009-10 Dues Structure Foundations 2004-09 Categories Under $500,000 $500,000- $1m $1-$2m $2-$4m $4-$6m $6-$8m $8-$10m $10-$20m $20-$40 $40-$60m $60-$80m $80-$100m $100-$200m $200-$400m $400-$600m $600-$800 $800-$1b $1-$2b $2-$3b $3-$4b $4b+ Rates $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Annual Grants Paid $50,000-100,000 $100,000-200,000 $200,000-300,000 $300,000-400,000 $400,000-500,000 $500,000-1m $1m-2m $2m-3m $3m-4m $4m-5m $5m-10m $10m-20m $20m+ 300 500 900 1,100 1,400 1,700 2,300 3,000 4,700 6,300 7,200 8,400 9,600 12,900 16,200 20,000 24,000 30,000 36,000 45,000 80,000 Rates $ $ $ $ $ $ $ $ $ $ $ $ $ 900 1,100 1,400 1,700 2,300 3,000 4,700 6,300 7,200 8,400 9,600 12,900 16,200 I 2009-010 I 10% Increase 330 550 990 1,210 1,540 1,870 2,530 3,300 5,170 6,930 7,920 9,240 10,560 14,190 17,820 22,000 26,400 33,000 39,600 49,500 88,000 Increase 990 1,210 1,540 1,870 2,530 3,300 5,170 6,930 7,920 9,240 10,560 14,190 17,820 In order to be a member Corporate Giving Programs are required to award annual grants of at least $50,000 S:\Boards and Committees\CMF\Board\2008-09\5.20.08 Meeting Materials\Dues increase structure � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Membership-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book membership report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book membership report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50731 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/8fce8178f34fb4954e62ad8d3190c23f.pdf a54fcaaf809564c9eaa637c04985d9a5 PDF Text Text MICHAEL RAO President of Central Michigan University Since 2000, Central Michigan University President Michael Rao has been focused on raising academic performance at all levels at the university; expanding research, clinical care, and creative work; strengthening the undergraduate experience with opportunities for students to engage themselves in their fields of study and study abroad; developing a focused core of master's and doctoral degree programs; and making progressive improvements to CMU's living/learning environment with a focus on increased sustainability and environmental responsibility. The president plays a major role with constituents who help shape the future of the university by engaging in external partnerships, fundraising, and promoting higher education funding reform in Michigan. With a committed Board of Trustees, he is leading an effort to study the possibility of opening a much-needed medical school in the region-just one of the many national-scale achievements for regional benefit that Rao encourages in the CMU community. Perhaps most importantly, a new medical school would help address physician shortages in the midand northern-M ichigan regions and improve healthcare overall. These and other initiatives are guided by the university's strategic plan, CMU 2010, wh ich focuses efforts on five priorities to promote reg ional leadership and attain national eminence. Rao came to CMU from Montana State University Northern, where he served as chancellor. Previously, Rao served as president of Mission College, where he also served as dean. In the late 1980s and early 1990s, Rao served in the private sector. Prior to his extensive work in California higher education, Rao worked with and then led a team to develop academic master plans for five new branch campuses of the University of washington and washington State University. Rao earned a bachelor's degree f rom the University of South Florida and a Ph.D. from the University of Florida. At UF, he served as an assistant to the president with duties that included acting as a liaison to the state and providing leadership in matters of un iversity governance, university relations, budgeting, and affirmative action. The president's spouse, Monica Rao, serves as the University Outreach Liaison and is a professional watercolorist and graphic designer. She is a graduate of an Indian polytechnic university and Central Michigan University. They have one son, Miguel. The Rao family is engaged regu larly in community activities including civic, cultu ral, social, and athletic events. President Rao is a member of the Strategic Economic Investment and Commercialization Board, part of a $2 billion job creation plan, and recently was appointed chair of the Measures of Success subcommittee. He is also a director of the Michigan Educational Trust. Rao is a member of the board of the American Association of State Colleges and Un iversities (AASCU) and serves on committees of the National Associat ion for State Universities and Land Grant Colleges (NASULGC). He also was a member of a subcommittee of the Cherry Commission on Higher Education and Economic Growth. Rao serves as chair of the MidAmerican Conference Council of Presidents and has chaired an NCAA Membership Certification Peer Review Team. The president chairs the board of the Central Michigan University Research Corporation and is a past member of the Mount Pleasant Area Community Foundation Board of Trustees. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Michael-Rao-CMU-President Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Michael Rao CMU president Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Michael Rao CMU president. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50732 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/a5e1aee221a762d2c772beb27473166a.pdf b99b494d1072e107d998cfd61ecfee81 PDF Text Text TO: Members of the Council of M ichigan Foundations FROM: Duane L. Tarnacki Deanna M . Deldin C lark Hill PLC DATE: April 28, 2008 SUBJECT: Amendments to the Michigan Nonprofit Corporation Act cc: Rob Collier, President Dave Lindberg, Vice President Recent amendments to the Michigan Nonprofit Corporation Act (the "Act") now permit the use of electronic transmission, such as email, for notices, waivers of notice, proxies, written consents and voting when participating in a meeting by remote communication. These amendments have the potential of streamlining the procedures for providing notices, obtaining signatures for written consents, and conducting meetings. As used in the Act, "electronic transmission" refers to any fonn of communication that 1) does not directly involve the physical transmission of paper; 2) creates a record that may be retained and retrieved by the recipient; and 3) may be directly reproduced in paper form by the recipient through an automated process. Common examples include email and fax. Members (or shareholders) and directors (or trustees) must authorize the electronic transmission of notices or communication to them. The simple a ct of providing the organization with an ema il address, for exa mple, would constitute a uthorization. In order to utilize the convenience of electronic transmission, authorization in the articles or bylaws may be required. We have outlined below the provisions of the Act applicable to directorship organizations and membership organizations. We have also provided sample model amendments which organizations may adopt to incorporate the new provisions of the Act and/or to clarify their existing articles or bylaws. I. Directorship Organizations None of the amendments to the Act re lating to directorship organizations are legally required to be set forth in the organization's bylaws or articles. D irectorship organizations may utilize electronic transmission for notices, waivers, unanimous written consents or for voting if participating in a meeting by remote communication. Organizations should, however, ensure that their articles and bylaws are consistent with the use of electronic transmission. Depending on how the bylaws are currently written, the following amendments may be appropriate to clarify or remove inconsistencies. M odel Am endments Proposed Amendme nts to Bylaws (Directorship O rganizations) ARTICLE �Remote Communication and Electronic Transmission 1. Participation of Directors By Remote Communication, Participation of directors in a meeting by conference telephone will be deemed to include other means of remote communication by which all persons participating in the meeting may communicate with each other. Participation pursuant to this section will constitute presence in person at the meeting. 2. Definition of Electronic Transmission. As used in these bylaws, electronic transmission refers to any form of communication that does not directly involve the physical transmission of paper, creates a record that may be retained and retrieved by the recipient and may be directly reproduced in paper form by the recipient through an automated process. Use of Electronic Transmission. As used in these bylaws, "written" or "writing" 3. will include communications by electronic transmission, including but not limited to fax and email. Notices of meetings, waivers of notice of meetings, proxies, and written When a notice or consents may be transmitted by electronic transmission. communication is transmitted electronically, the notice or communication is deemed to be given when electronically transmitted to the person entitled to the notice or communication in a manner authorized by the person. A director will be deemed to have consented to the use of email upon providing the Corporation with a valid email address. II. Membership Organizations It is our view that action of members may be taken in only one of two ways - by vote at a meeting or by written consent. The amendments to the Act address both of these. Electronic transmission may also be used to provide notices of meetings, submit proxies or written consents to the organization, or to waive notice of a meeting. Neither the articles nor the bylaws need to specifically authorize these uses of electronic transmission. However, depending on how the articles and bylaws are currently written, clarification may be appropriate. Members may now vote in "real time" by electronic transmission. This would only arise in cases where members are participating in a meeting by remote communication such as a webinar. If the organization desires to hold member meetings by remote communication and the members to vote by electronic transmission, it must be authorized by the bylaws. If the members are voting for directors by electronic transmission, the provision must be included in the articles of incorporation. Action by written consent by fewer than all members must still be specifically authorized by the articles. Membership organizations may authorize action to be taken without a meeting and without a vote, if a consent in writing (which now includes email), setting forth the action to be taken is authorized by the members having not less than the minimum number of votes necessary to authorize or take action at a meeting at which all members entitled to vote were present and voted. Membership organizations that wish to take advantage of this provision and do not currently have this provision in their articles, must amend their articles. These consents would allow members to elect directors without holding an annual meeting if a list of directors is submitted along with the written consent to members. Members could review the list of directors nominated for election, �indicate their selection of directors and return the consent by mail or electronically. The consents would be tallied just as if a ballot vote had been taken and directors elected. The election would be valid only if the minimum number of votes were received. Board action electronically or by fax still requires unanimous written consent (affirmative response by 100% of the board). Model Amendments Proposed Amendments to Articles of Incorporation (Membership Organizations) ARTICLE Member Action by Less than Unanimous Written Consent Any action required or permitted by the Act to be taken at an annual or special meeting of members may be taken without a meeting, without prior notice and without a vote, if a consent in writing, including by electronic transmission such as electronic mail, setting forth the action so taken, is signed or authorized by the members having not less than the minimum number of votes that would be necessary to authorize or take the action at a meeting at which all members entitled to vote thereon were present and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent will be given to members who have not consented in writing. ARTICLE Electronic Voting for Directors A member entitled to vote at an election for directors may vote in person, by proxy, or by electronic transmission, as further described in the Corporation' s bylaws. Proposed Amendments to Bylaws (Membership Organizations) ARTICLE Remote Communication and Electronic Transmission 1. Participation of Members By Remote Communication. If the bylaws provide that members may participate in a meeting by conference telephone, participation in such a meeting will be deemed to include other means of remote communication by which all persons participating in the meeting may hear each other if all persons are advised of the communications equipment and the names of the persons participating in the meeting are divulged to all participants. Participation pursuant to this section will constitute presence in person at the meeting. �2. Member Voting. A vote at a meeting of members may be cast by electronic transmission if participating in a meeting by remote communication. Members participating in a meeting by remote communication will be considered present for purposes of determining a quorum and will be entitled to vote. 3. Participation of Directors By Remote Communication. Participation of directors in a meeting by conference telephone will be deemed to include other means of remote communication by which all persons participating in the meeting may communicate with each other. Participation pursuant to this section will constitute presence in person at the meeting. 4. Definition of Electronic Transmission. As used in these bylaws, electronic transmission refers to any fonn of communication that does not directly involve the physical transmission of paper, creates a record that may be retained and retrieved by the recipient and may be directly reproduced in paper form by the recipient through an automated process. 5. Use of Electronic Transmission. As used in these bylaws, "written" or "writing" will include communications by electronic transmission, including but not limited to fax and email. Notices of meetings, waivers of notice of meetings, proxies, and written consents may be transmitted by electronic transmission. When a notice or communication is transmitted electronically, the notice or communication is deemed to be given when electronically transmitted to the person entitled to the notice or communication in a manner authorized by the person. A member or director will be deemed to have consented to the use of email upon providing the Corporation with a valid email address. Finally, these amendments may not be appropriate for all organizations. We r ecommend consulting legal counsel before formally adopting any of the amendments. If you would like more information or have any questions, please contact Duane Tarnacki (313) 965-8264 or Deanna Deldin (313) 967-4074. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Michigan-Nonprofit-Corporation-Act-Amendments Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book Michigan Nonprofit Corporation Act Amendments Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book Michigan Nonprofit Corporation Act Amendments. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50733 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/53b5dcf15d676c62bb7373d55bd5c43e.pdf dc00944adc7e08d1eb6436fe4d60125f PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. May 12,2008 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report Before providing an update on activities since the February Board Meeting that address the six core goals that serve as the basis for our Strategic Plan, I am pleased to note three important staff happenings: • • • Becky Noricks has been promoted to Communications Manager. As noted in the Public Policy Report, Dana Linnane starts June 23 as Public Policy Fellow, but we are excited she will be joining us for the Board Meeting to meet you. Surabhi Pandit, a student at the University of Michigan and alumnae of the Southfield Community Foundation Youth Advisory Committee, starts May 19 as the 2008 Mawby Intern. Her bio & essay for the Mawby Internship are included as ATTACHMENT A. We look forward to having you meet Dana and Surabhi and to congratulating Becky on her promotion. I. ADVOCACY STRATEGY- To advocate for goals in Legislative Statement supporting a legislative and regulatory environment conducive to philanthropy In addition to the activities reported under the Government Relations Report, we spent a good deal of effort dealing with: the forms for recertifying community foundations for the tax credit through meetings with Treasury officials and meetings with legislators such as Senator Jansen and Representatives Tobocman and Beida to move the new credit for K-1 2 education foundations from Section 425 in the Michigan Business Tax where it has been placed in competition with the community foundation tax credit. II. EDUCATE STRATEGY- To provide programs, resources and technical assistance In addition to the many activities highlighted in the Public Policy Report, the follow ing are noted: February 12 - Middle College: Transitioning Michigan Workers Jim Jacobs, Director, Center for Workforce Development, Macomb Community College and Lee Schleicher, Former Principal and Founder, Washtenaw Technical Middle College offered critical information about community colleges' consistent contribution to the vitality of Michigan' s workforce and educational needs of its citizens. Forty attendees learned about innovation approaches that educational and philanthropic institutions are pursuing to help the successful transition of the State's economy. This meeting was moderated by Michael Schmidt, Director of Education, Ford Motor Company Fund �President's Report May 2008 Page 2 March II - Interplay Between Economic and Neighborhood Development Fifty-two DAG participants came to hear Garth Taylor, President of Metro Chicago Information Center, discuss the use of arts to re-magnetize communities and leam ways to invest in the amenities, beautification, and resources of neighborhoods to revive local markets and enhance the quality of life. Tonya Allen, VP of Programs, The Skillman Foundation and DAG chair moderated this session. March I2- 13 - Boston College's Center for Corporate Citizenship: "Communications for Community Involvement Managers" CMF offered its ninth corporate community involvement course with Boston College's Center for Corporate Citizenship with support from Comerica for I4 corporate members and non members. Ron Brown, president, Impact Resources and consultant for Boston College's Center for Corporate Citizenship, taught the two-day course focusing on practical tools that managers can use to improve communications with internal and external audiences. Since 200I , forty-two Michigan corporate community professionals have earned enough credits to receive certification, with seven also receiving advanced certification. March I3 - Family Philanthropy Teleconference- The Challenges of Board Leadership: What, Now and Why Ken Gladish, fonner distinguished professor of nonprofit studies, and forn1er director, The Grantmaking School, Dorothy A. Johnson Center for Philanthropy and Nonprofit Leadership, Grand Valley State University, explored the most compelling dilemmas in board leadership. Drawing on the best research, analysis and speculation in the board leadership field, Ken discussed the complex challenges facing fami ly foundation trustees and directors. April 8 - Towards a Knowledge-Based Economy: Philanthropy as Catalyst Seventy-eight Detroit area grantmakers welcomed three southeast MI speakers: Allan Gilmour, Chair, Community Foundation for Southeast Michigan and former Vice Chair, Ford Motor Company; Steve Hamp, Chair, The New Economy Initiative; and Carol Goss, President, The Skillman Foundation. The speakers discussed Michigan' s lagging transition into a knowledge-based economy and the role for philanthropy and the private sector including the New Economy Initiative. Cassandra Joubert, Vice President, Community Investment, Community Foundation for Southeast Michigan, moderated this meeting. April 10 - Family Philanthropy Teleconference- The Many Hats of Non-family Staff Members Gary Torbin, Ph.D., president, Institute for Jewish & Community Research and Joanne Fiorino, executive director, Triad Foundation discussed the defining roles for a staff person working for a fami ly foundation or donor advised fund. Emphasis was focused on appropriate ways to make the staff-family relationship productive and successful. April 22 - Exploratory Conversation on Faith Based Philanthropy Jodie Fishman Raines, The Jewish Fund; Janet DeYoung, The Holland-Zeeland Area Community Foundation; Robert Thornton, The Skillman Foundation; and Edward Hernandez, (DeVos Family Funds) joined Vicki Rosenberg for an exploratory discussion about current issues in faith based grantmaking and their interest in serving as a steering committee for a 2009 member event on this issue. Based on the highly generative discussion, follow-up meetings will be held to design an event for fourth quarter FY08. �President's Report May 2008 Page 3 May 3-6 - Council on Foundations Summit From the Legislative Update to Race Matters to National Standards for community foundations, Rob Collier, Vicki Rosenberg and Donnell Mersereau each served as moderator/panelist/TA provider for sessions at the Summit. In addition, several CMF members, including executives and program staff of the C.S. Mott Foundation, the Ruth Mott Foundation, the Nokomis Foundation and the Hudson-Webber Foundation, participated in the Essential Skills & Strategies for New Grantmakers pre-session codeveloped by CMF and co-authored by Vicki Rosenberg. CMF is currently planning a spring 2009 ESS session in Michigan. May 13 - From the Ground Up: Redesigning Urban Food Systems Sixty-five grantmakers met at the Eastern Market in Detroit to hear Oran Hesterman, president & CEO, Fair Food Foundation, discuss the foundation's plans to work with communities redesigning the food system to uphold the fundamental right to healthy, fresh and sustainably grown food. A special afternoon workshop followed the luncheon featuring Dr. Mike Hamm, professor of sustainable food systems, Michigan State University. Thirty participants learned about MSU's ongoing research to better understand the demand and supply sides of local food systems and discussed opportunities to support a more strategic approach to food system change. Miguel Satut, program director, youth & education, W.K. Kellogg Foundation, moderated. May 27 - Promotional Webinar for Evaluating the Impact of Your Advocacy Grantmaking In fall 2008, CMF will host an Alliance for Justice Workshop designed to build foundations capacity for evaluating the impact of grants to non profits to support advocacy. The program includes training for Grantmakers and an on-line self-assessment tool for grantees. A promotional webinar that gives CMF members a "sneak preview" of the program will be offered on May 27. June and Sept. 2008 and Feb. 2009-- Communications Skill Building Webinars with Andy Goodman On June 9, CMF will kick-off the frrst of three webinars designed and led by communications expert, Andy Goodman that will build participants skills in: (1) building effective communications campaigns for specific target audiences; (2) making the right decisions about graphic design services to get the most out of their communications tools; and (3) understanding, crafting and delivering stories about the work of the foundation. June 13-15 - Tenth Annual Family Foundations Retreat, Mackinac Island More than 125 adults and youth ages 6 to 86 will be gathering on the Island to: develop their story telling abilities with the help of a storyteller from Mt. Pleasant, experience the first ever Geocaching Philanthropy Hunt with a team from the Island, sharpen their environmental skills with water testing led by Captain Tom Kelly from the Inland Seas and Helen Taylor from the Nature Conservancy and sleep well with a discussion of"What About Your Foundation Keeps You Awake at Night" with Doug Bauer from Rockefeller Philanthropy Advisors. June 26 - Deep Diversity & Gender Equity Workshop As part of the Transforming Michigan Philanthropy Through Diversity and Inclusion, CMF will host a workshop on deep diversity and gender equity in grantmaking with Diversity in Philanthropy Project (DPP) consulting team member, Mary Ellen Capek, author of the prize-winning book Deep Diversity and Gender Equity in Grantmaking. June 27-29 - Youth Grantmakers Summer Leadership Conference YACers from the across the state of Michigan, around the United States and Canada will gather at the University of Michigan for the annual Youth Grantmakers Summer Leadership Conference hosted and �President's Report May 2008 Page4 sponsored by the Michigan Community Foundations Youth Project (MCFYP) Committee. The conference theme, I Am Only One: One Individual, One Community, One Vision, is inspired by a recent talk by Russ Mawby, founder of Michigan youth philanthropy. Participants will learn about their own leadership styles through a personality assessment, and will be encouraged to find their passion. Highlighting the conference is an interactive workshop called Box City where small groups ofYACers will build cities to learn what it really takes to create viable communities. The final goal of the conference is to show Y ACers how a vision can become reality through cooperation on common issues. Using environmental issues as an example, participants will explore how to maximize the collective power of young leaders. Once again the MCFYP Committee, consisting of 12 YACers and 3 YAC advisors, has planned the entire conference agenda and will be facilitating the entire conference. This unique opportunity for young people to learn from their peers is what makes this conference so special. July 9 - Cultural Competency Institute for Grantmakers CMF and the Alliance for Nonprofit Management (ANM) will co-sponsor a special one-day Cultural 1 Competency Institute for Grantmakers on July 9 as part of ANM's l 0 h anniversary national conference at the Hyatt Regency in Dearborn. III. INCREASE STRATEGY- To provide programs, resources and technical assistance to build the capacity of community foundations February 27 & 28 Ohio/Michigan Joint Community Foundation CEO Retreat Sixty community foundation CEO's from Ohio and Michigan gathered in Detroit for two days of information sharing, celebration of initiative successes and presentations by national speakers. The agenda included small group discussion on the Transfer of Wealth Analysis success stories for community campaigns, legacy societies, board education and large community foundation implementation. John Austin, V.P. Michigan Board of Education and Senior Fellow with the Brookings Institute- recently appointed Director of the New Economy Initiative- led a plenary session on the Great Lakes Economic Initiative, followed by concurrent sessions on "Cultural Competency and Civic Engagement" led by Kimberly Roberson of the C.S. Mott Foundation, and "Rural Philanthropy" facilitated by Janet Topolsky, Director, Community Strategies Group of the Aspen Institute. The second day of programming included statewide meetings, a presentation on the "African American Male Initiative" by program officers of the Skillman Foundation and lively discussion on the Access to Recreation Public Policy Initiative. In addition, the community foundation program officers of Michigan- more than 40 strong - met in Kalamazoo in March for their Annual Retreat. IV. LEAD STRATEGY- To educate members through programs and resources The Public Policy Report previously referred to and earlier in the Board Agenda covers many of these activities. However, a significant step in April was submission of renewal proposals to continue funding for the Office of the Foundation Liaison to Governor Granholm- funding currently is scheduled to end September 30, 2008. A copy of the support letter from Governor Granholm is included as ATTACHMENT B. �President's Report May 2008 Page 5 STRATEGY- To contribute to national and global dialogues on advancing community philanthropy In March, Donnell Mersereau attended a two day work session at the Cleveland Foundation with the Council on Foundations' Standards Action Team sub-committee that undertook the "refreshing" of National Community Foundation Standards, Documents and Key Elements. Donnell is also the Chair of COF's Standards Action Team sub-committee that will be designing the National Community Foundation Standards-Phase li- Re-compliance Process. The new standards andre-compliance process will be designed, tested and implemented by 2010. The full Standards Action Team is meeting in Chicago at the same time as the CMF Board Meeting on May 19th & 20th. Donnell is attending the SAT meeting because of her leadership role with re-compliance and to help design a collaborative model for technical assistance delivery with Regional Associations of Grantmakers. CMF has donated Donnell 's services for two weeks in this first quarter of2008 to help the staff at the Council on Foundations complete the standards review process for Phase I. In May, Donnell attended the Management Committee Meeting of the Global Fund for Community Foundations in conjunction with the COF Philanthropy Summit at the Gaylord National Convention Center. The Management Committee is reviewing recommendations for the continued sustainability of the Global Fund and in June will be reviewing and making grant decisions on the largest group of applications submitted by emerging community found ations in World Bank client countries. IV. NETWORK STRATEGY- To provide programs and resources linking grantmakers and grantmakers with grantseekers CMF's major networking activity, the Annual Conference, is highlighted in an action item earlier in the Agenda. April 29 - EPIP (Emerging Practitioners in Philanthropy), Detroit Hosted by the Skillman Foundation and attended by Becky Noricks and Mike Goorhouse from CMF, the Michigan Chapter ofEPIP was launched with participation by about 20 young professionalsfoundation staff and trustees, donors, graduate students, and staff fro m philanthropic support organizations. We can look forward to an EPIP presence at our Annual Conference. May 13, 14 - NonProfit Super Conference, Lansing CMF Trustee and President of the Skillman Foundation is the first plenary speaker for the annual Michigan Nonprofit SuperConference. CMF is also organizing a special funders reception with the authors of Forces for Good, another plenary session. June 19 - Communications Network-Michigan Event on Foundations and Web 2.0 The second annual special event of the Communications Network-Michigan will take place June 19 at The Skillman Foundation in Detroit. The program will focus on the opportunities Web 2.0 technology offers to foundations. Bruce Trachtenberg, executive director, Communications Network, will serve as program facilitator. The Communications Network-Michigan, formed in 2007, is the first and to-date only state affiliate of the national Communications Network. Through this partnership, CMF members receive a $50 discount on the $300 annual membership to the national Network as well as access to recorded webinars and other special opportunities. �President's Report May 2008 Page 6 VI. PROMOTE STRATEGY - Provide leadership for coordinated regional/national communications on the sector Philanthropy 3D/Michigan & Midwest In January 2008, CMF received a $75,000 grant from The David & Lucille Packard Foundation to design and pilot Philanthropy 3D/Michigan whose goal is For influential leaders in Michigan to appreciate and seek partnerships with foundations to improve the quality of life in Michigan. The Forum of Regional Associations ofGrantmakers (Forum) also provided a grant of$20,000 to CMF to test the 3D model in a small and mid-sized regional association (Donors Forum of Wisconsin and Indiana Grantmakers Alliance) to inform a final model and tools that can be used by regional associations across the U.S. First quarter work focused on refining the project goal, strategies and targets through holding input sessions w ith CMF member senior communications officers, executives engaged in public policy work, Rob Collier and Foundation Liaison Karen Aldridge-Eason. CMF and 3D are featured on the home page of the Philanthropy Awareness Initiative website at www.philanthropyawareness.org. Because of this work and Vicki Rosenberg's service as a trustee of the Communications Network, CMF was featured in the May 1, 2008 issue of The Chronicle of Philanthropy- ATTACHMENT C which included a major story and several related stories on trends in foundation communications. While the reporter did not contact the four members Vicki recommended, Vicki's comments about the CMF annual conference and our multi-year educational offerings on strategic communications for foundations are included. Michigan Philanthropy Oral History Project (MPOHP) Through our partnership with the Johnson Center, full digital recordings of member stories captured through the Oral History Project will be archived and made available to scholars, students and others through the Steelcase Library at Grand Valley State University starting in fall 2008. CMF Communications Manager Becky Noricks is currently planning the third set of recordings for smmner 2008. STRATEGY- Publish articles, reports and studies Giving & Volunteering Studv 2008 The 2008 Giving & Volunteering study, developed by Michigan State University as part of the quarterly State of the State Survey, was published with the Michigan Nonprofit Association in April 2008. Key findings included 88.9% of respondents reporting contributions to charity in the past year and, nearly 50% of adults volunteering last year. Available at www.michiganfoundations.org. , a copy is also in the back pocket of your Board book. The Report was released at the annual April Volunteer Champions event hosted by the Michigan Community Services Commission, MNA and CMF at the State Capitol recognizing legislators for their support of giving and volunteering. Philanthropy in a Changing Society, Achieving Effectiveness through Diversitv Also in the back pocket of your report or available at www.rockpa.org, the Executive Summary of this new report by Jessica Chao of Rockefeller Philanthropy Advisors with support from the Charles Stewart Mott Foundation acknowledges CMF for the work we have launched in Diversity and Inclusion. �President's Report May 2008 Page 7 STRATEGY - Provide financial support for high profile events May I & 8 - Michigan Women's Foundation- Women of Achievement & Courage CMF continues to support this annual event held this year on May 1 in southeast Michigan and in west Michigan on May 8. Event awardees included Jean Enright, executive assistant to the president, Grand Valley State University (retired); Dr. Haifa Fakhouri, president & CEO, Arab American Chaldean Council; The Honorable Denise Page Hood, U.S. district judge for Eastern District of Michigan; Mary Ellen Rodgers, U.S. managing partner field operations, Deloitte LLP; and Bea Sacks, visionary, social activist and former educator. June 19 - Governor's Service Awards, Detroit Hosted at the Fox Theater by the Michigan Community Services Commission that Rob Collier serves as Vice-Chair for, CMF will again be involved in presenting the first two awards. Ms. Ronda Stryker and Mr. William Johnston of Kalamazoo will be receiving the 2008 Russell G. Mawby Award for Philanthropy- our State's top award for philanthropy. This Award is given annually since 1995 to an individual or couple for a life-time commitment to philanthropy in M ichigan. Mr. Walter North of St. Ignace was selected as the 2008 recipient of the Community Foundation Philanthropy Award. This Award inaugurated in 2006 honors an individual or couple for a life-time commitment to the development of community philanthropy. Selected by a Committee of CMF and MNA members, these three philanthropists will also serve as Honorary Chairs for the CMF Annual Conference in October in Grand Rapids. STRATEGY - Engage in media relations CMF in the News since April 1, 2008: Michaels, Marty. "Finding their voice: grant makers seek new ways to share stories." The Chronicle ofPhilanthropy. May 1, 2008 (ATTACHMENT C) "Young lead way in giving, volunteering." Crain's Detroit Business. April 14, 2008. Description: An announcement about the Giving and Volunteering 2008 Study being released by CMF and the Michigan Nonprofit Association. �Attachment 8 S TAT E OF M K ' H ICOAN JENNIFER M . GRANH OLM OFFICE OF THE GOVERNOR GOVERNOR JOHN D. CHERRY, J R. LANSING LT. GOVERNOR April29, 2008 Rob Collier President Council of Michigan Foundations One South Harbor Avenue, Suite 3 Grand Haven, M1 49417 Dear Rob: I am writing to again express my great appreciation for the invaluable contribution of the Office ofthe Foundation Liaison to my Administration and to request the continued support of the philanthropic community for its work. \ Given the key role you played in establishing the Office of Foundation Liaison in 2003, I know you value the kind of meaningful public private partnerships the office has been able to facilitate between state government and Michigan foundations. Among the most noteworthy projects are the Early Childhood Investment Corporation, the Michigan Prisoner Reentry Program-JEHT Challenge Grant, the implementation work of the Cherry Commission on Higher Education and Economic Growth, the Surgeon General's "Generations with Promise" Youth Initiative, the Michigan Food Policy Council, and work on improving government efficiencies. In all, the office has been able to facilitate foundation community involvement in over 70 initiatives, securing funding of nearly $45 million. While we have made significant strides, there still is a great need for the powerful collaborations the Office of the Foundation Liaison has made possible over the last five years. Our focus on creating high schools that work for students at risk of dropping out that is embodied in my 21" Century Schools Fund proposal is a great example of an issue that cries out for substantive partnership involving the state, local school districts, community groups and the philanthropic community. There also are great opportunities for collaboration in workforce development in the area of health care a nd in the expansion of Fa mily Resource Centers in our schools. P.O. BOX 30013 • LANSING, MICHIGAN 48909 www.mochogan gov �Rob Collier April 29, 2008 Page2 Beyond the partnerships that have been forged around specific projects, I believe my office has benefited from the dialogue this office h as fostered with the foundation community. It has h elped create policy that is sensitive to the specific needs of Michigan communities and local efforts to address the problems they face. This dialogue also has been a much-needed force for bi-partisanship in policy-making in Lansing. I look forward to it continuing throughout my second term. Should the foundation community, through the Michigan Council of Foundations, be able to continue its support for the Foundation Liaison Office, my office will continue to provide staff assistance to Karen AldridgeEason and Maura Dewan, in addition to office space, equipment, supplies and other in-kind support. Even though Michigan's budget r emains under severe pressure, we regard support for this office an essential investment in Michigan's future. Thank you again for your strong commitment to moving our state forward and for giving your consideration to this proposal. I believe this pioneering effort will continue to pay great dividends for state government and for the citizens of Michigan. �Print: Page 1 of5 THE CHRONICLE OF PHnLANTHROPY http://www.philanthropy .com/premium/articles/v20/i 14/ 1400070 l.htm Finding Their Voice Grant makers seek new ways to share stories By Marty Michaels Jonathan Fanton has solved a conundrum that plagues many nonprofit leaders: He's found a way to be in many places at the same time. While he leads the John D. and Catherine T. MacArthur Foundation, in Chicago, he also runs meetings in Second Life, the online world. As Jonathan MacFound, his "avatar," or digital character, he has led discussions on topics such as civil liberties and the role that grant makers can play in using virtual interaction to promote social change. While many consider virtual worlds "play," the foundation is serious about exploring their potential for engaging young adults and educating people about philanthropy and the work of the foundation and its grantees. For example, last June MacArthur made a $550,000 grant to the University of Southern California's Center on Public Diplomacy to help it promote virtual conversations about education, human rights, migration, and other topics- and about how foundations can remedy social problems. While the MacArthur foundation's presence in Second Life is a cutting-edge communications tool, it is just one of many increasingly sophisticated techniques that grant makers are using to reach people who do not know much about them. At the same time, many foundations are rethinking their communications departments, hiring professionals from large public-relations firms and people with experience in interactive technologies- often referred to as Web 2 .0 - that the grant makers hope will lend themselves to discussions that far outstrip anything a traditional annual report can provoke. Many of the larger foundations say that they want to encourage honest, two-way communication about both successes and failures, and that doing so can only lend more credibility to their efforts. Among the approaches: • Last June, the Bill & Melinda Gates Foundation hired Heidi Sinclair, chief executive of BursonMarsteller Europe, to be its chief communications officer, a new position. And when the foundation's new headquarters opens in late 2010 or early 2011 on prime real estate across from the Space Needle in downtown Seattle, the facil ity will include a 15,000-square-foot visitors' center with displays that will describe the foundation's global work. • In March the JohnS. and James L. Knight Foundation, in Miami, named Marc Fest, founder of QuickBrowse.com, as its new vice president of communications. (QuickBrowse is a Web service that enables Internet users to combine frequently viewed Web pages into a single page.) The foundation has also hired its first "online-community manager." In addition, the fund created a short video advertising its 2008 Knight News Challenge - which in mid-May will award up to $5-million to 17 projects that seek to use blogs and other digital efforts to unite residents of cities and towns in ways that local newspapers traditionally have done. The video about the competition was translated into 11 languages and broadcast by MTV and http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 2 of5 YouTube around the world, doubling to 3,000 the number of applications it had received in the 2007 competition. • The John Templeton Foundation, in West Conshohocken, Pa., has given $10-million to start the Philanthropy Project, which will produce a $5-million film and use other visual media to tell positive stories about the work that foundations do. Templeton has hired Michael Guillen, who served as chief science correspondent at ABC News for 14 years, to head the project, which will be based in Los Angeles. Scrutiny and Mystery Foundations' efforts to be more strategic and expansive in their communications efforts are in part a response to the relative ease of using online approaches, but also a sign that grant makers face increased scrutiny and demands for accountability from lawmakers, the news media, and the public. Moreover, many experts say, most people don't have the foggiest notion what foundations are or what social purpose they serve; consequently, many grant makers feel the need to get the word out about their missions. Only 11 percent of Americans could correctly name one foundation, according to a 2003 study commissioned by the Council on Foundations and conducted by Wirthlin Worldwide. And while that figure has probably risen because of news reports on the Gates foundation, many say that public awareness remains low. "There's an increasing recognition that for too long too many foundations have operated in the dark," says Bruce Trachtenberg, executive director of the Communications Network, in New York, a group that represents public-relations officials at foundations. "There's just a general lack of understanding aboul whal foumlalions Jo, so il puls Lht: pressure on everyboJy lobe much more lranspart:nl." The network has grown accordingly, says Mr. Trachtenberg, from approximately 75 members in mid2006 to nearly 250 at present, and has a Facebook page, with 150 "friends," that it uses to inform its constituents. Joel L. Fleishman, professor of public-policy studies and law at Duke University, says new technologies "are the driver of the process." "As a few foundations start taking the initiative, other foundations will suddenly see that it doesn't cause fire and brimstone to rain on their heads if they admit what everybody already knows, which is that they're not perfect," says Mr. Fleishman. "And the fact that there are technologies evolving in such rapid ways, ways in which you can create better Web sites and more ways of interacting, is adding fuel to the fire." While many grant seekers have long pressed foundations to do a better job of communicating, some charity leaders say the efforts are not all focused on the right things. For example, some grant seekers say they want to see more-timely information about grants that have been awarded. And many worry that the spending on communications will reduce the overall amount of money available to nonprofit groups. Says Aaron Dorfman, executive director of the National Committee for Responsive Philanthropy, in Washington: "One could question whether dollars are best spent on communications or on giving out more money in grants, and I'd argue that most grantees would rather see more funding." 'Dream List' http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 3 of5 Many foundations nationwide are using an array of multimedia technologies to tell their stories and those of their grantees, as well as to illuminate public-policy issues. Some are using low-key approaches, such as e-mail or relatively simple Web sites, but many hope to expand their efforts soon. For instance, Josie Burke, director of communications at the El Pomar Foundation, in Colorado Springs, joined the foundation last May as its first fu ll-time communications staff member. She's working to overhaul the foundation's Web site, concocting a "dream list" of features by perusing other foundations' sites. And in another relatively low-tech move, Ms. Burke hopes to follow the lead of the Daniels Fund, in Denver, which persuaded local television and radio stations to broadcast segments about the work of grant recipients on a regular basis. Gara LaMarche, president of the Atlantic Philanthropies, also relies mainly on modest means to communicate with the publ ic, writing a biweekly column that is sent by e-mail to more than 2,000 people. Recent topics have included integrated education for Catholic and Protestant students in Northern Ireland, efforts to abolish the death penalty in Texas, and public-health programs to curb bicycle-related injuries and deaths in Vietnam. The issues are disparate, but all relate to Atlantic grantees and its mission. Mr. LaMarche says he receives approximately 50 responses to each column. "Right now, I respond to people who e-mail me, but it's just between the two of us. It's not a public exchange, but we're working to make it more interactive." At the Council of Michigan Foundations, Vicki Rosenberg strives to keep her 400 member foundations thinking about how best to harness different technologies to achieve their goals. The council's membership comprises such large grant makers as the W.K. Kellogg Foundation, which is conducting a search for a new-media manager who will help the foundation use Web 2.0 approaches, including video streaming, RSS feeds, and social-networking systems. But Ms. Rosenberg, who serves as vice president for education, communications, and external relations, says that isn't the norn1: "Most of our members don't have a professional communications person on their staff. They're doing it on their own or they're doing the minimum - putting out an annual report." The council first introduced extensive programs on strategic communications four years ago at its annual conference, which attracts about 700 people, and last summer created the only state affil iate of the Communications Network. In June, it will hold a course presented by Andy Goodman, author of Why Bad Ads Happen to Good Causes, that will explore how foundations can take a Web 2.0 approach. "With the Web universe being so incredibly full," says Ms. Rosenberg, "you have to understand your audience, what message you're trying to communicate, and how best to do that - and as more and more people look to the Web and to connect, there's an explosive growth in the competition for people's minds and energy." 'A Conversation' The Knight foundation has also embraced Web 2.0 technologies. Says Alberto lbargiien, Knight's chief executive, "It's no longer a case of 'I write and you read,' but of having a mind-set of having a conversation." He adds: "Accordingly, some of the ways in which we do our grant making also have to be different in part, because they can be. You can have a conversation with 50 people you've never met and discuss http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 4 of5 an idea about the digital delivery of news and inforn1ation to a certain region and each of them can add something to the conversation before you begin to spend one penny." Mr. Fest, an Internet entrepreneur and former journalist, joined the Knight foundation in March 2007 and was promoted a year later to vice president of communications. He has redesigned the foundation's Web site and helped create and market the Knight News Challenge contest and the more recent Knight Arts Partnership, which received I ,622 online applications from artists and arts groups in South Florida. The foundation will review the entries and invite selected applicants to submit full proposals, with winners scheduled to be announced this fall. Mr. Fest also sees great possibilities for blogs, message boards, and "possibly other tools to engage people we haven't even thought of yet." He recently persuaded the foundation to hire an onlinecommunity manager, a new position, after talking to others who have built online communities. "We found that this is not a trivial thing to do, that it takes a lot of staff time," says Mr. Fest. "What everyone is starting to grasp is that if you want to keep up with the rapid change around you, you also have to practice rapid-fire change and experimentation, and that takes a mind-set and culture that praises trial and error, and, when something fails, that is also praised and not frowned upon." Mr. Trachtenberg, of the Communications Network, says that many grant makers are grappling with the same tssues. "At least you have some level of measurement greater than throwing something into the mail or issuing a press release," he says. "You can see who's downloading what, who's leaving comments, how many hits you're getting, but all that just shows that something's happening. What's the right mix, what's the level of investment that makes sense? And then there's the big, unanswered question: Does any of this work? Are we reaching our audiences? As anyone in the commercial sector will tell you, it takes a lot more work to find out who's behind those clicks. I don't think anyone's there yet, but that's the question people are asking." Other observers are also asking similar questions, including who ultimately benefits from the new wave of communication approaches. Gary Bass, executive director ofOMB Watch, in Washington, says that although he hasn't yet seen such stepped-up efforts benefit the charitable world as a whole, the potential is there. "The technologies don't in and of themselves create change, or accountability, or better service or performance, but are tools that can be harnessed for those purposes," says Mr. Bass. In particular, he says, there needs to be more experimentation and a better critique of how foundations use social-networking tools. "As an example, your trustees make decisions about who gets grants. In a social-networking context, that would be anathema, the opposite of community control. The concept of social networking is to create new kinds of dynamics of communication and the formation of new kinds of groups. "It may be that foundations are indeed trying to foster that and that may be well and good. But it may be a tool that is best employed not by the foundations, but by the grantees doing the work." http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 �Print: Page 5 of5 Senior-Level Jobs Meanwhile, the growing emphasis on communications has prompted many foundations to add new high-level jobs. "The big change is that foundations are investing and bringing in senior people and having them report to the president or to a senior team," says Kristen Grimm, president of Spitfire Strategies, a Washington firm that foundations and nonprofit groups hire to help them use communications to promote social change. "This is very different than having someone who just chums out press releases ore-newsletters. They are realizing that they need this senior expertise in-house. They don't always want to have to outsource it to a firm." Dean A. Zerbe, managing director of the Washington office of the Alliant Group, a Houston taxconsulting company, says that if this is accompanied by spending large sums on public-relations efforts, lawmakers might ask questions. "Every public-relations dollar is one less that could be used to help the poor, doing the things that Congress intended to benefit from charitable giving," says Mr. Zerbe, who in February left his job as an aide to Sen. Charles Grassley, the Iowa Republican who formerly chaired the Finance Committee. Adds Mr. Zerbe:"Iffoundation boards don't ask these tough questions, Congress and the news media will." Or as Steve Gunderson, president of the Council on Foundations, in Arlington, Va., explains it: "There's increased scrutiny, and either we- philanthropy- will define ourselves, or others will define us. As we grow in size and leadership, we also grow in responsibility and share with the public who we are, what our priorities are and are not, so we don't misrepresent ourselves, create any false hopes, or not be honest partners." Copyright © 2008 The Chronicle of Philanthropy http://www.philanthropy.com/pcgi2-bin/printable.cgi?article=http:!/www.philanthropy.com/... 5/6/2008 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book presidents report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book presidents report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50734 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/d5c7996f67d4f580e6ee909207d6e74f.pdf 306b169e44ccdb26fb0758d908bf1d37 PDF Text Text CMF Councilof Michigan Foundat ions Serving grantmakers. Advancing giving. Board of Trustees Meeting Minutes Tuesday, February 12, 2008 Lansing Community College, West Campus MTEC Building, Rooms M120 & 121 The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at Lansing Community College on Tuesday, February 12, 2008, pursuant to written notice duly given. Chairperson Diana R. Sieger called the meeting to order at 10:00 a.m. Trustees and Officers present: Susan Broman Carline Chambers via phone Libby Cherin Melanie Colaianne via phone John Colina Robert Collier Tom Cook David Egner Rev. Louis Felton via phone Russell Gabier Allan Gilmour via phone Wes Maurer, Jr. Rachel Mraz via phone David Page via phone Carol Paine-McGovern Phillip Peters Tom Porter David Sebastian Gerald Smith via phone Sterling Speim Peggy Thompson Betsy Upton Stover via phone Amanda Van Dusen Christian Velasquez Lloyd Yeo via phone Special Guests: Karen Aldridge-Eason, Office of the Foundation Liaison Sharon Parks, Michigan League for Human Services Erin Skene, Michigan Nonprofit Association CMF Staff: Susan Cuddington, Executive Assistant to the President Mike Gallagher, Managing Editor Kathy Ginocchio, Director of Technology David Lindberg, Vice President, Finance & Administration via phone Donnell Mersereau, Director, Community Foundations Jaclyn Miel-Uken, Public Policy Fellow Becky Noricks, Communications Associate Vicki Rosenberg, Vice President Education, Communications, and External Relations Chairperson Sieger welcomed new Board Members Susan Broman, Caroline Chambers, Tom Cook, and followed by self-introductions. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 2 Consent Agenda Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Consent Agenda items be approved: • • • • • The Minutes of October 22, 2007 Board Meeting, The Minutes of January 31, 2008 Executive Committee Meetings, The Treasurer's Report for the December 31, 2007 Financials, The Investment Report for December 31, 2007, and The following grantmakers be approved for membership: Fair Food Foundation, Ann Arbor The Art and Mary Schmuckal Family Foundation, Traverse City The Fred A. and Barbara E rb Family Foundation, Birmingham 2008-09 Plan of Work Rob Collier, Donnell Mersereau and Vicki Rosenberg presented highl ights of the current year and proposed Plan of Work (attached) including: revisions to the MBT Tax Credit and Fonn 990-PF; passage ofL3C legislation; Diversity and Inclusion Initiative; Grantcraft Workshop, updating the Common Grant application for the web; a pilot workshop with financ ial planners and a session at the Annual Conference for professional advisors. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Plan of Work for 2008-09 as recommended by the Executive and Audit Committees be approved. 2008-09 Budget Audit Committee Chair Phil Peters and Dave Lindberg, Vice President of Finance and Administration, presented the 2008-09 Budget. Mr. Lindberg noted CMF bases its membership dues on asset levels and acknowledged the additional member contributions ofthe W.K. Kellogg Foundation and the Skillman Foundation for the Detroit Office occupancy costs. Mr. Lindberg noted the conference and meeting surplus generates mainly from sponsors and exhibitors. Staff is recommending delaying the production of the Michigan Foundation Directory for six months in order to sell the overstock of the directory at the current price. Mr. Lindberg discussed each of the Endowment Funds. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the CMF Board of Trustees approve the 2008-09 CMF Core Services and Endowment Funds Budget as recommended by the CMF Audit & Executive Committees. Proposed Amendment to Bylaws Rob Collier & Dave Lindberg introduced the proposed amendment recommended by Trustee, Lloyd Yeo to make the Audit Committee a standing committee in the Bylaws. With approval from CMF's legal counsel, the following change was recommended. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 3 Upon motion duly made, supported and unanimously approved, it was RESOLVED that Article V of the Bylaws be amended to redesignate Section 4. Other Committees as Section 6 of Article V and that a new Section 4 be added to read in its entirety as follows: Section 4. Audit Committee. The Audit Committee shall be appointed by the Chairman with the approval or subsequent ratification of the Board and shall be comprised of four or more members, each of whom shall have been affirmatively determined by the Board to be independent. The Audit Committee will assist the Board of Trustees in fulfilling its fiduciary responsibilities by overseeing the corporation's financial reporting and public disclosure activities as described in the Audit Committee C harter as adopted by the Board and amended from time to time. Proposed Dues Increase 2009-10 Rob Collier & Dave Lindberg presented the proposed 10% increase effective for April 2009. Mr. Lindberg noted that last increase took place in 2004, the first after nine years with a 20% increase. The Membership Committee and Communications Task Force would like to start developing a plan to introduce the recommended dues increase at the October Annual Meeting. Upon motion duly made, supported and unanimously approved, it was RESOLVED, that, as recommended by the Audit and Executive Committees, a ten percent increase in the membership dues be implemented for the 2009-10 fiscal year starting April I , 2009. Diversity & Inclusion Initiative Vicki Rosenberg introduced the logic model for the five year Diversity and Inclusion Initiative funded initially by The Kresge Foundation. She noted the first three objectives: for CMF to become a model regional association and national resource; for 19 foundations to commit to and make substantial strides toward institutionalizing diversity and inclusion; and to increase CMF members' awareness, understanding and action in diversity and inclusion. The Governance Committee, chaired by Trustee Carol Goss, will be expanded to serve as an Advisory Committee for this Initiative. Upon motion duly made, supported and unanimously approved, it was RESOLVED that CMF undertake a five-year Diversity and Inclusion Initiative to become a model regional association and resource for the national field of organized philanthropy by: institutionalizing diversity and inclusion throughout all aspects of staffing, operations, governance, membership, member services/programs; and sharing lessons learned/best practices with the network of regional associations of grantmakers nationwide and other key partners like the Council on Foundations. President's Report A. Government Relations Government Relations Committee co-chair Carol Paine McGovern updated the Board on the recent call combined with the Funders Concerned about Michigan's Economy Affinity Group to discuss the possible introduction ofL3C legislation. Senator Jason Allen has agreed to introduce the bill. If the bill moves forward, CMF members will testify. �Board o f Trustees Meeting Minutes - February 12, 2008 Page 4 She noted that about 30 members have registered for the annual visit to Capitol Hill on March 4 & 5. With the extension of the IRA Charitable Rollover, the Hedge Fund issue, and the L3C legislation it will be an important year for this meeting. B. CMF Website Update Kathy Ginocchio gave a brief overview of the new website www.michiganfoundations.org. The site is a knowledge management project that 16 Regional Associations share. It is set up for audiences we hope to serve and those that we do already serve. C. Public Policy Public Policy Committee Tri-Chair Dave Egner and Jaclyn Miel-Uken briefed the Board on the recent affinity group activities of the Public Policy Committee and the addition of Jenee Velasquez of the Herbert H. and Grace A. Dow Foundation to the Committee. D. Annual Conference Annual Conference co-chairs Caroline Chambers and Rachel Mraz reported the Conference Committee met last month. The Capitol Steps will entertain us as well as a special evening at the Grand Rapids Art Museum. Update from Sterling Speirn, President & CEO, W.K. Kellogg Foundation Trustee Sterling Speirn updated the Board on the new focus of the W.K. Kellogg Foundation which reaffirms the original intent of the founder W.K. Kellogg's interest in children. Five core program elements include: family income and assets; community assets; education and learning; food, health & well being; civic and philanthropic engagement. He noted the Foundation has also reaffirmed its commitment to the state of Michigan, with Mississippi and New Mexico being other priority states. The Foundation w ill focus on improving the lives of children and families who are vulnerable by: emphasizing the role of place and geographic focus; developing and supporting leaders; focusing on key policy issues; achieving success for children by third grade; and promoting racial equity. The Board adjourned for lunch at 12:30 p.m. Special Presentation on the State of the State Chair Sieger reconvened the meeting at 1:00 p.m. and introduced special guests: Sharon Parks, Michigan League for Human Services; Erin Skene, Michigan Nonprofit Association (MNA); and Karen Aldridge-Eason, Office of the Foundation Liaison, to discuss the Governor's State of the State and proposed budget. Sharon Parks noted the proposed budget is the first budget that does not face a deficit. Low income individuals will receive a 2% cash assistance grant increase for a monthly total of $499 with a clothing allowance restored to $75 per child per year. Increases are also included in the K-12 budget to create smaller high schools. She added that the Federal economic stimulus package includes incentives for businesses that could negatively affect the state's budget revenues. Erin Skene reported on the results of a survey ofMNA membership at the end of2007 that indicated 68% feel the demand for services has increased as a result of state budget cuts while 70% report their funding has decreased as a result of state budget cuts. The survey also indicated that while 68% �Board o f Trustees Meeting Minutes - February 12, 2008 Page 5 report more collaboration with other nonprofit organizations, 44% of respondents report cutting staff. Karen Aldridge-Eason reported the Office of the Foundation Liaison is working in partnership on education and workforce development, Achieve the Dream, college access issues, working with Ishmael Ahmed of the Department of Human Services on food policy, working with the Skillman Foundation focusing on the African American male population and the area of alternative energy w ith the Kresge Foundation. The Board excused staff from the room for a closed Executive Session to discuss the process for reviewing the performance of the President. Adjournment There being no further business to come before the Board, Chair Sieger adjourned the meeting at 2:00p.m. Diana R. Sieger, Chair Robert S. Collier, President � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book previous board minutes Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book previous board minutes. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50735 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/c51d76c1385830ab3d183fc16f59ae36.pdf 1a1cdef5694c9f6907d139d556e9e5d0 PDF Text Text CMF Counci l of Michi an Foun:fations Serving grantmakers. Advandn9 giving. May 12,2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Susan Broman, David Egner, Carol Goss; Public Policy Committee Co-Chairs and Jaclyn Miel-Uken, Public Policy Fellow Re: Public Policy Report As highlighted below, since the February 2008 Board meeting: • the CMF Public Policy Committee has met; • affinity groups have hosted a number of meetings; • numerous policy-related articles have been published; • Dana Linnane, a 2008 graduate of the Ford School of Public Policy at the University of Michigan, has accepted the appointment as 2008 William C. Richardson Fellow starting June 23 - her resume is included as ATTACHMENT A, and • the summer schedule of meetings/briefings is shaping up. We look forward to having you meet Dana and to join us in thanking Jaclyn for her service. However, since the Public Policy Committee Meeting, legislation has been introduced in Lansing proposing a check off for United Way. CMF has been asked by the Michigan Association ofUnited Ways, on whose Board Rob Collier serves, to support this legislation. Staff is asking for action on the following resolution by the Board of Trustees on this legislation. RESOLVED that the Council of Michigan Foundations support HB 6025 & 6026 and SB 1287 that would provide Michigan residents with an income tax check off option to voluntarily donate to the United Way. As the attached press release -ATTACHMENT B - notes, legislation has been introduced with bi-partisan sponsorship by Representatives Jeff Mayes (D-Bay City) and R ick Jones (RGrand Ledge). Identical legislation was also introduced in the Senate by Senator Michael Switalski (D-Roseville). Michigan currently has income tax checkoffs for the Children's Trust Fund, the Children of Veterans Tuition Grant Program and the Military Family Relief Fund. The 60 plus local United Ways in Michigan annually raise and distribute more than $ 160 million to support local health and human service organizations. The proposed check off supports the Basic Needs priority of the Community Impact Model most United Ways in Michigan have now adopted. I. Meetings since the February 2008 Board Meeting • Michigan Grantmakers in Aging Briefing on Civic Engagment (March 14) More than 250 people attended this event with Marc Freidman, author of the Encore Career. �Public Policy Report May 11,2008 Page 2 • • • • Arts Affinity Group Meeting with Grantmakers in the Arts (March 17 & 18) Webinar on Cultural Data Project (April2) Webinar on Cultural Economic Development Online Tool (May 9) Cultural Data Project Advisory Committee Meeting (May 15) Michigan Land Use Funders' Meeting (March 19) Michigan Access to Recreation Policy Advisory Committee Meeting (April 10) Food Systems Briefing at the Detroit Area Grantmakers (May 13) II. Public Policy Communications Since the Board Meeting, CMF published eight policy-related News Wire articles, three policy-related articles in the spring Memo to Members and shared 16 public policy resources via the monthly E-News. CMF NewsWire • 5/8/08 Michigan Foundations Collaborate to Address Detroit's Foreclosure Crisis • 5/ 1/08 New Planning Enabling Act Signed into Law; Foundation Support Lauded • 4/29/08 New Federal Lobbying Law Impacts Michigan Foundations Involved in Advocacy Efforts • 4/ 17/08 New Economy Initiative Appoints John Austin As First Executive Director • 3/28/07 Creating An "Encore Economy" With Older Adults Can Help Revitalize Michigan • 3/ 19/08 Foundations On The Hill Visit Is Vitally Important, Say Michigan Congressional Leaders • 2/ 15/08 Development Experts, Strategic Regional Planning Ideas Highlight Land Use Summit at MSU • 2/ 15/08 Foundations Called Upon To Protect Vulnerable Children Memo to Members (Spring 2008) • Capitol Hill Visits Vitally Important, Say Congressmen & Staff • CMF Members Talk About Their "Hill" Visits • CMF Supporting Effort to Pass L3C Legislation E-News April2008 • Federal Expenditures in Michigan • The Vital Connections: Reclaiming Great Lakes Economic Leadership in the BiNational U.S.-Canadian Region • Organized Communities, Stronger Schools • Funder Collaboratives: A Philanthropic Strategy for Supporting Workforce Intennediaries • Survey of Michigan Residents on the Issue of Global Warming & Climate Change Policy Options: Key Findings Report �Public Policy Report May 11,2008 Page 3 March 2008 • Building an Experience D ividend: State Governments Lead the Call to Engage Boomers • Michigan' s Transition to a Knowledge-Based Economy: First Annual Progress Report • Improving the Efficiency of Michigan Highway Revenue Sharing Formula • Lost in Transition: Building a Better Path fro m School to College and Careers February 2008 • House Committee on Education and Labor Hearing, "Investing in Early Education: Paths to Improving Children's Success" • Quality Counts 2008 • Small Schools Project • New Poll Reveals Stifling Imagination in Schools Underlies Innovation and Skills Deficit • Relief, Restoration and Refonn: Economic Upturn Reveals Modest and Uneven Health Returns • Do Individual Mandates Matter? • Are Will Taking Full Advantage of Older Adults Potential? III. Planned Meetings The following meetings are planned or still in development. • K-16 Education Work Group Meeting (May 22) • The White House Project Funders Reception & Go Run Training (May 30) • Foreclosure Briefing (June 4) • Michigan Land Use Funders' Meeting (June 9) • Michigan Grantmakers for Women & Girls Annual Meeting (June 12) • EngAGEment Briefing in Flint (June) • Michigan Grantmakers in Aging Meeting (June) • K-16 Education Funders attend PromiseNet Conference (June 25-27) • K-16 Education Funders' Meeting (August) We are excited about the Foreclosure Briefing on June 4 and have included as ATTACHMENT C the promotional piece that has gone to the members. In addition, we are grateful to have received a grant from the Ceres Trust to cover the costs of Dr. Sandra Steingraber to be the featured presenter at the Annual Meeting of Michigan Women and Girls on June 12. Also included as ATTACHMENT Dis the bio for this distinguished ecologist, cancer survivor and author of Living Downstream and Having Faith. �Mayes' Plan Allows Taxpayers to Contribute to United Way I News I Representative Jeff ... Attachment . News Mayes' Plan Allows Taxpayers to Contribute to United Way Bay City lawmaker's plan creates voluntary income tax checkoff -May 01,2008 LANSING - In order to ensure local United Way agencies in Michigan have the resources they need to distribute funds and support our communities, State Representative Jeff Mayes (D-Bay City) today unveiled a plan to create an income tax checkoff option that will provide Michigan residents with a convenient way to voluntarily donate to the U nited Way. "Michigan residents have proven time and again how generous they are," Mayes said. "I am working hard to create good-paying jobs now and make our community a better place to live, work and raise a family. With this new tax checkoff option, residents who want to help in these efforts will have an easy way to contribute to the community." Checkoff boxes, which allow taxpayers to designate a portion of their tax return, are commonly used on income tax forms. Michigan currently has income tax checkoffs for the C hildren's Trust Fund, the Children ofVeterans Tuition Grant Program and the M ilitary Family Re lief Fund. The Michigan Association of United Ways is a nonprofit agency that was founded in 1947 by a group of community and labor leaders to s implifY the gathering and distribution of funds that were received through charitable giving. There are approximately 60 local United Ways in Michigan t hat represent the a network of non-governmental service providers and service funders, collectively raising and distributing over $160 million dollars a year to support local health and human service organizations. "As United Ways across the state work to address local basic needs such as good, clothing and shelter, this legis lation will allow citizens the opportunity to further assist and directly impact their own community," said Scott Dzurka, President/CEO of the Michigan Association ofUnited Ways. Mayes introduced his plan today along with State Representative Rick Jones (R-Grand Ledge) whose plan will create the United Way fund within the Michigan Department of Treasury to distribute the money raised by the checkoff option. "I have always been committed to forging a close working relationship with colleagues from both sides of the aisle, and for an issue that has the potential to help move Michigan forward, that dedication to bipartisanship is especially important," Mayes said. "I encourage my fellow lawmake rs to act quickly on this legislation." © 2007 Michigan House Democrats P.O. Box 30014 • Lansing, MI 48909-7514 httn·//09o.hou.c;edems.com/news/article/maves-olan-allows-taxoavers-to-contribute-to-unit 'i/ 11 nnnR �Sandra's Bio body page Attachment I About the Author Sandra Stei ngraber, author of Living Downstream and Having Faith Click on this Image to download a high-quality TIFF file, 168 K zipped. Photo copyright: Frank D1Meo/ Cornell University Photography Ecologist, author, and cancer survivor, Sandra Steingraber, Ph.D. IS an internationally recognized expert on the environmental links to cancer and reproductive health. She r eceived her doctorate in biology from the University of Michigan and master's degree in English from Illinois State University. She is the author of Post-Diagnosis, a volume of poetry, and coauthor of a book on ecology and human rights in Africa, The Spoils of Famine. She has taught biology at Columbia College, Chicago, held visiting fellowships at the University of Illinois, Radcliffe/Harvard, and Northeastern University, and served on President Clinton's National Action Plan on Breast Cancer. Steingraber's highly acclaimed book, Living Downstream: An Ecologist Looks at Cancer and the Environment presents cancer as a human rights issue. It was the first to bring together data on toxic releases with newly released data from U.S. cancer registries. Living Downstream won praise from international media, including The Washington Post, the Nation, The Chicago Tribune, Kirkus Reviews, Publishers Weekly, The Lancet, and The London Times. In 1997, Steingraber was named a Ms. Magazine Woman of the Year. In 1998, she received from the Jenifer Altman foundation the first annual Altman Award for " the inspiring and poetic use of science to elucidate the causes of cancer," and from the New England chapter of the American Medical Writers Association, the Will Soll mene Award for "excellence in medical communication." In 1999, the Sierra Club heralded Steingraber as " the new Rachel Carson." And in 2001, Carson's own alma mater, Chatham College, selected Steingraber to receive its biennial Rachel Carson Leadership Award. Continuing the investigation begun in Living Downstream, Steingraber's new work, Having Faith: An Ecologist's Journey to Motherhood, explores the intimate ecology of motherhood. Both a memoir of her own pregnancy and an investigation of fetal toxicology, Having Faith reveals the alarming extent to which environmental hazards now threaten each crucial stage of infant development. In the eyes of an ecologist, the mother's body is the first environment for human life. The Library Journal selected Having Faith as one of it s best books of 2001. In 2002, it was featured on "Kids and Chemicals," a PBS documentary by Bill Moyers. An enthusiastic and sought-after public speaker, Steingraber has keynoted conferences on human health and the environment throughout the United States and Canada and has been invited to lecture at many universities, medical schools, and teaching hospitals-including Harvard, Yale, Cornell, and the Woods Hole Oceanographic Institute. She is recognized for her ability to serve as a two-way translator between scientists and activists. In 1999, as part of international treaty negotiations, she briefed U.N. delegates in Geneva, Switzerland on dioxin contamination of breast milk. Interviews with Steingraber have appeared in The Chicago Tribune, USA Today, The Cleveland Plain Dealer, on National Public Radio, The Today Show, and Now With Bill Moyers. Formerly on faculty at Cornell University, Sandra Steingraber is currently Distinguished Visit ing Scholar at Ithaca College in Ithaca, New York. She is married to sculptor Jeff de Castro. They are proud parents of five- year-old Faith and two-year-old Elijah. httn://www.steimrraber.com/04biography/04body.html 5/ 11 /?00R � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-05-20_Public-Policy Title A name given to the resource Council of Michigan Foundations 2008-05-20 board book public policy Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-05-20 board book public policy. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50736 Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Date A point or period of time associated with an event in the lifecycle of the resource 2008-05-20 https://digitalcollections.library.gvsu.edu/files/original/a1e0500f0d0dd226476b6c14fc8f821e.pdf b921c3a47c426d6293c9fc6e274f80b9 PDF Text Text 21st Century Schools Fund Summary: Small High School Infrastructure Program (Sec. 11n ofSB11 07) SB 1107 appropriates $15.0 million for start up and implementation grants ofup to $3.0 million over 4 years for each newly-configured school with at least an average 75 pupils per grade and not more than 110 pupils per grade. The intent of the program is to replace large impersonal high schools that have failed to achieve graduation and academic achievement goals with small, personalized high schools based on rigor, relevance and relationships. Districts with a graduation rate less than 70% (or PSAs with a majority of students residing in such a district) would be el igible. New schools created through the Fund must have the goal of graduating at least 80% of their students. 80% of graduating students must enroll in a postsecondary institution. If a school fails to achieve these goals, districts will be required to refund Y2 the grant funding. The grant applicant should commit to incorporating a relationship-building goal between the teaching staff, administration, pupils, and parents. Schools will be site-based managed. Building principals will control staffing decisions and must involve the teaching staff in key decisions about teaching and learning. The grant applicant must have a commitment of private matching funds at least equal to the amount of the grant. �21st Century Schools Fund Overview 1. $15 million in state funding authorized in FY09 School Aid Act. 2. The Administration will seek equal or greater appropriations in future budgets. 3. All grants from the 21st Century School Fund require a dollar for dollar cash match. 4. The intent is to fund this initiative with a combined $180 million in public and private funds over a six year period. 5. Eligible school districts are those with graduation rates below 70% based on new cohort data. 6. Grants will be used to create small learning environments serving not more than 110 students per grade level. 7. Preference will be given to proposals for schools that serve grades 6-12 or that have middle school strategies. 8. Grants can be used for planning, operations and capital needs and can be up to $3 million per school over a four year period. 9. Districts must use evidenced based designs with the goal of achieving an 80o/o graduation rate and 80% post secondary attendance rate by the school's third graduating calls. 10.The Michigan Department of Education will ask the State Board of Education to add grant criteria including site-based management, bargaining unit involvement in planning and the use of intermediaries/school developers by grantees. 11.The MDE will create a collaborative grant-making process that will examine proposals in the context of applicant districts' overall high school reform plans and which involves the foundation community and other community partners. � 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_2008-10-13_21st-Century-Schools-Fund Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book 21st Century Schools 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 2008-10-13 board book 21st Century Schools 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, 50737 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/76459e2742882df0ec6aafedade9cedb.pdf 156b4b4fe2a9f4ab2a2cd650a987850e PDF Text Text October 3, 2008 To: CMF Board of Trustees From: Diana R. Sieger, Chairperson Robert S. Collier, President cc: Dav id Lindberg Vice President, Finance & Administration New Board of Trustee Nominees Re: Monday, October 13, 2008 Board of Trustees Meeting Amway Grand Hotel Pearl Room @ 2:30 p.m. We are pleased to enclose the Agendas and materials for both the Board of Trustees Meeting and Annual Meeting of the Supporting Organizations that will take place on Monday, October 13 following the conclusion of the luncheon plenary with Scott Page, Ralph Smith & fellow trustee Sterling Speim. We hope you can join us during the following special activ ities: Sunday, October 12 2:30-3:30 p.m. Monday, October 13 7:45 a.m.- 8:45 a.m. Tuesday, October 14 Time & location to be announced at Board Meeting Special reception with plenary speaker, Dan Rather Location: Gerald R. Ford Museum (walking map enclosed) Annual Members Meeting Location: Ambassador Ballroom (Please stand when we introduce you) Special Reception with plenary speakers Judy Collins & Ruby Dee Please let Rob or Sue Cuddington know if you have any questions about the Conference. We thank you for your continued support! � 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_2008-10-13_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50738 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/d62e2c57aa9902a15fd28870be9d342b.pdf 893ed12eb143febfc976f7b3ad3335fb PDF Text Text CMF Council of Michigan Fou ncfations Return via fax: 616.842.1760 by October 10, 2008 SeNing grantmakers. Advancing giving. Annual Meeting of Members Notice and Board of Trustees Ballot August 28, 2008 In accordance with the bylaws of t he Council of Michigan Foundations (CMF), notice is hereby given that the Annual Meeting of Members will be held on Monday, October 13, 2008 at 8:00a.m. at the Amway Grand Plaza Hotel in Grand Rapids for the purposes of electing Trust ees, reporting to the members on the business of CMF, and such other business as may properly be brought before the meeting. CMF is governed by a Boa rd of individuals who represent private, family, community, public and corporate f oundations, in addition to corporate giving programs. The foll ow ing nine individuals have been nominated by the Governance Committee for election to t he Boa rd of Trustees for a three-yea r term beginning Octo ber 13,2008. The undersigned hereby appoints Amanda Van Dusen, Secretary of CMF, and Senior Principal at Miller, Canfield, Paddock, and Stone, PLC, as proxy of the undersigned, w it h power t o appoint a substit ute, and authorizes her to vote at the meeting on behalf of the undersigned as indicat ed below. The proxy will use her discret ion as to any matters that may come before the meeting. Please vote and return your marked ballot on or before Friday, October 10, 2008 either by fax to 616.842.1760, by mail to 1 S. Harbor, Suite 3, Grand Haven, Ml 49417, or download the ballot at http://www.michiqanfoundations.org/ballot. complete and email it to scuddinqton@michiqanfoundations.org. t:J Elect all the following nominees or Cl Elect only those nominees indicated below For Re-election to the Board Class of 2011 __ Melanie B. Colaianne, President, MASCO Corporation Foundation, Taylor __ David 0. Egner, President and CEO, Hudson-Webber Foundation, Detroit __ Russell L. Gabier, Secret ary/Trustee, Irving S. Gilmore Foundation, Kalamazoo __ Phillip H. Peters, V.P. Administration, Charles Stewart Mott Foundation, Flint __ Margaret E. Thompson, Trustee, Harry A. and Margaret D. Towsley Foundation, M idland __ Christian A. Velasquez, Trustee, Midland Area Community Foundation, M idland New Nominees to the Board Class of 2011 (bios provided on the reverse side of this ballot) __ Hugo E. (Ted) Bra un, Jr., President, Harvey Randall Wickes Foundation, Saginaw __ Andrea M . Cole, Executive Director & CEO, Ethel and James Flinn Foundatio n, Detroit __ Brenda L. Hunt, President and CEO, Battle Creek Community Foundation, Battle Creek CMF Member Organization Name Tit l e Main Office: One South Harbor Avenue, Suite 3, Grand Haven, M l 49417 p 616.842.7080 f 616.842.1760 info@michiganfoundations.org Southeast Michigan Office: 100 Talon Cent re Dr., Suite 150, Detroit, Ml 48207 p 313.566.2444 f 313.566.2445 www.michiganfoundations.org �New Nominees for the Board of Trustees Hugo E. (Ted) Braun, Jr., President- Harvey Randall Wickes Foundation Ted's commitment to community is evidenced in the hundreds of hours per year of pro bono legal work he does for small nonprofit agencies through the law firm of Braun, Kendrick & Finkbeiner. Wearing his President's hat for the Harvey Randall Wickes Foundat ion, Ted is always open to listening t o new ideas, giving guidance on funding options and championing operational funding for strong local agencies. He has provided leadership over the years, sharing his time, treasure and talent with the Boys and Girls Club, United Way, Saginaw Community Foundation, Child and Family Services, Saginaw Valley State University, Saginaw General Hospital and many more organizations. Ted's legal expertise, business acumen and philanthropic endeavors enrich the Saginaw area and the state of Michigan. Andrea M. Cole, Executive Director and CEO- Ethel and James Flinn Foundation Andrea Cole is the new Executive Director and CEO of the Detroit based Ethel & James Flinn Foundation. The Foundation is committed t o improving the quality of life of those with mental illness by improving the quality, scope and delivery of mental health services in Southeast Michigan. Andrea was previously the CFO of The Skillman Foundation where she was responsible for all financial and administrative operations. She currently serves as CMF's Governance Committee Co-Chair and has been a member of CMF for 20 years. Andrea received both her Master's degree and Bachelor of Science degree in finance from Wayne State University. She is actively involved in her community and serves on several boards. She is also a member of Grantmakers in Hea lth, Council on Foundations, National Black MBA Association, Institute of Management Accountants, Foundation Financial Officers Group, Association of Black Foundat ion Executives and Women in Philanthropy. Brenda L. Hunt, President and CEO- Battle Creek Community Foundation Brenda is known throughout the state for her collaborative approach to addressing community and regional needs, including her work with fourteen community foundations in southwest Michigan and helping five community foundations work together in Calhoun County. She has also taken a proactive role in helping to align and catalyze the nonprofit health sector within Calhoun County . Recently, Brenda has been instrumenta l in leading an effort to develop a Michigan College Access Network. She has provided leadership and guidance in fostering public-privat e partnerships and has been instrumental in bringing about the refocusing of area initiatives to be more collaborative and inclusive. Currently Brenda serves on the Council of Michigan Foundation's Finance Committee and as the Chair of the Community Foundation Committee. Current Board of Trustees by Class Class of 2009 RobertS. Collier, President Council of Michigan Foundations Grand Haven Rev. J. Louis Felton, Trustee Allan D. Gilmour, Trustee Kalamazoo Community Foundation Community Foundation fo r Southeast Michigan Kalamazoo Detroit Carol A. Goss, President & CEO Rachel Mraz, Trustee The Skillman Foundation Eileen and Brian DeVries Family Foundation Detroit Grand Rapids David K. Page, Trustee DavidS. Sebastian, Trustee Sterling K. Speirn, President & CEO The Jewish Fund The Sebastian Foundation W.K. Kellogg Foundation Detroit Grand Rapids Battle Creek Amanda Van Dusen, Senior Principal M iller, Canfield, Paddock and Stone, PLC Detroit Susan K. Broman, Executive Director Steelcase Foundation Grand Rapids Caroline E. Chambers, President Elizabeth A. Cherin, President & CEO Comerica Charitable Foundation Fremont Area Community Foundation Detroit Fremont John Colina, President Thomas B. Cook, Executive Director Colina Foundation Cook Family Foundation Southgate Owosso Wesley H. Maurer Jr., Chairman Carol Paine-McGovern, President Thomas S. Porter, President Mackinac Island Community Foundation Paine Family Foundation Porter Family Foundation Mackinac Island Manistee Ann Arbor Betsy Upton Stover, Trustee Daniel J. Wyant, President FrederickS. Upton Foundation Edward Lowe Foundation Benton Harbor Cassopolis Class of 2010 In addition, we are privileged to have Dr. Russell G. Mawby, Chair Emeritus of the W.K. Kellogg Foundation and Co-Chair of the CMF Advisory Cabinet, as an ex-officio member of the Board Trustees. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-10-13_Board-Ballot Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book board ballot Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-10-13 board book board ballot. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50739 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/b9b543b5f9b853804dc545c13b5c1c7e.pdf 22ca439705c602dd2e4bba07631ab6be PDF Text Text Counci l of M ichi an CMF Foun~ations Serving grantmakers. Advancing giving. October 3, 2008 To: Diana Sieger, Chairperson & Members of the Board ofTrustees From: Caroline Chambers, Rachel Mraz & Milt Rohwer, Annual Conference Co- Chairs Vicki Rosenberg, Vice President, Education, Communication & External Relations Re: Achieving Michigan 's T ransformation - 36th CMF Annual Conference This year's annual conference builds on last year's theme of Transforming Michigan by examining ways in which Michigan foundations can work with the public, private and nonprofit sector and higher education to Achieve Michigan's Transformation. A copy of the final program is enclosed. There are a number of new elements this year. Most importantly, we are trying to be a "Green" Conference so please help us in reinforcing that goal. For example, for the first time we will not have a conference bag. The program w ill include pockets for materials. We have met our primary Goals for this Conference. First, we have exceeded registration projections with: Member full Non Member full 40 I 4 405 Full Member daily Non Member daily 241 16 257 Daily Second, we have met sp onsorship and exhibitor r evenue ta rgets with: Sponsorship $232,000 Exhibitors 13 @ $17,750 T hird, we h ave a substa ntive a nd diverse program. Feature, concurrent and site session will address: • Grantmaking issues including health care, education reform, climate change, family violence, racial equity grantmaking, African-American and Latino men and boys and neighborhood development • Foundation administration, communications, governance, investments and leadership • Family foundation administration, governance and grantmaking • Community foundation administration, donor development, marketing, grantmaking and operations • An experienced grantmaker workshop on foundation strategy Nationally recognized keynoters will address Michigan's transformation from a variety of perspectives. �• • • • • Journalist Dan Rather will open the conference speaking on the impact of the Presidential Election on Michigan' s Transformation Scott Page, professor, University of Michigan; Ralph Smith, executive vice president, Annie E. Casey Foundation and chair, Council on Foundations; and CMF trustee and W.K. Kellogg Foundation president & CEO, Sterling Speirn will highlight the Monday luncheon p lenary on How Do You Store the Ketchup? an examination of benefits of diversity for foundation effectiveness Breannah Alexander, member, M ichigan Community Service Commission and Craig Ruff, senior policy fellow, Public Sector Consultants, will host Tuesday' s Town Hall on Our Scorecard for Achieving Michigan 's Transformation Bruce Katz, vide president, Metropolitan Policy Program, Brookings, Angela Glover Blackwell, founder ofPolicyLink, and Rip Rapson, president, The Kresge Foundation will headline Tuesday' s luncheon p lenary on Our Blueprint for Michigan 's Prosperity And to close the Conference, Tom Beech, president of The Fetzer Institute, will facilitate a conversation with Artist/Philanthropists Judy Coll ins and Ruby Dee on the role of creativity and activism in transformation. We ask that you join us in thanking the more than 30 members of the Conference Committeeeach with a special ribbon on their name badge- for their great help in developing this outstanding program. Finally, this Conference would not be possible without the financial investment of sponsors, members- a number of you- and exhibitors. While they are all listed in the Program and on key signage, please join us in thanking them when you see them during the Conference. �CMF Council of M ichi gan Foundations , Serving grantmakers. Advancing giving. ' ' Reforming Healthcare ~ {y~It Annual Conference Mie.hi5a:n '~ T:raan~fo:ramaho:n October 12-14, 2008 ,.., Amway Grand & DeVos Place ....., Grand Rapids Program Guide 4 Learning Journal �Welcome to Grand Rapids and the Council of Michigan Foundations' 36th annual conference. Our theme Achieving Michigan's Transformation builds on our 2007 conference theme and emphasizes the impact philanthropy can have in solving the critical issues facing our state. Just like bees pollinating apple blossoms, Michigan philanthropy uses its expertise, influence, knowhow and relationships to develop new solutions, supported by better policies, resulting in stronger communities. Foundations are well positioned for the challenge of transforming Michigan. If we work together and remain committed to Michigan's future, our efforts will be realized in a bountiful harvest of a revived economy, stronger schools, reformed healthcare, pristine Great Lakes and more. A talented group of your peers serving on the conference committee designed an exceptional program to introduce you to new ideas and ways of working, build your knowledge and skills, inspire you and provide time to reflect and connect with colleagues. Be sure to visit Resource Central to participate in a service project, learn more about CMF and its partners and to talk with each of our exhibitors, all professionals with experience serving foundations. Many thanks go to our sponsors and foundation supporters- their generosity has made it possible to offer such an excellent conference experience. Please join us in thanking them. Enjoy the conference! Caroline Chambers Comerica Charitable Foundation Rachel Mraz Eileen and Brian DeVries Family Foundation Milt Rohwer Frey Foundation f I'.....,.. mich iganfoundations.org �Honorarq l.Htair~ The l!ouneil of Mwfti~m f oundaiion8 i8 plea8e4 io reeo5Tiize '()ill Joftn8{on Ronda ~Hrqker of IU!mnmzoo rut4 Warier Norift of St I5Tiaee a8 Ronorarq l.!ftair8 of Ute 3bift Amzual l.!onferenee. ana Bill Johnston and Ronda Stryker are recipients of the 2008 Mawby Award for Philanthropy. Named for Russell G. Mawby, president emeritus of the W.K. Kellogg Foundation, the award recognizes individuals demonstrating a lifelong commitment to encouraging private action for the public good through philanthropy. Bill and Ronda are advocates for philanthropy in southwest Michigan and philanthropic supporters as well through The Ronda E. Stryker and William D. Johnston Foundation. While Bill focuses on supporting scholarships and creating economic development, Ronda is committed to education with a focus on women and nontraditional students. She serves on the boards of Kalamazoo and Spelman Colleges. Bill works closely with Western Michigan University and Southwest Michigan First They are staunch advocates for the Kalamazoo areafund raising; creating new programs to support the Kalamazoo Promise; su pporting endowments for service-learning and the WMU College of Business; and playing a huge role in hundreds of other initiatives to create opportunities where each citizen's dreams can be achieved. Former State Senator Walter North is the recipient of the 2008 Community Foundation Award for Philanthropy that recognizes the thousands of volunteers now involved in building community philanthropy through a network of 65 community foundations serving all 83 Michigan counties. Walter has actively participated in the creation or support of five community foundations - four in the Eastern Region ofthe Upper Peninsula. Known as a terrific mentor, his collaborative spirit is best exemplified by his service on the Community Foundation of the Upper Peninsula Board, on which he successfully led the effort to achieve national standards. Walt's government experience has been instrumental in helping forge new public-private partnerships, supporting the growth of community endowment funds. He understands the value of engaging youth in community building and has underwritten efforts for high school youth grantmakers to attend regional trainings. Walter exemplifies community philanthropy by using his time, talent and financial resources t o make all the communities he touches better. mi ch iganfou nd ation s. org �Our Annual eonf eren~e Ju~i 4oi 4 reener This year. in an effort to be more socially and environmentally responsible. CMF strived to make the conference as green and earth-friendly as possible. This is just another small way we can all participate in transforming Michigan. Here are a few ways we've greened things up: Paper-less, but not Paper-free Biodegradable Pens and Conference Banners While not yet paper-free, we tried to lessen the amount of paper used and distributed in the following ways: The bio-pen attached to your program guide is 80% biodegradable and our large conference banners are printed on biodegradable vinyl. - Conference Program, learning Journal & Roster Plastic Nametag Reuse The program guide is printed on recycled paper and a participant roster was e-mailed to participants prior to the event instead of being included in the print program, reducing the number of program pages by half. Each year, we reuse the plastic nametags returned at the registration booth after the conference. Be sure to stop by and turn yours in at the close of the conference. Recycling - Session Handouts Speakers were asked to refrain from printing session handouts and instead make them available for download on our conference web site. This effort improves the quality, availability and timeliness of handouts and resources and enables participants to print the handouts that are right for them either at home, the office or in the Cyber Cafe during the conference. - Recycling bins for paper, plastic and glass are located throughout the conference for your use. linen & Towel Reuse Program If you are staying at the Amway Grand, we encourage you to use their linen and towel reuse program in your guest room, saving water and energy. Glass & Porcelain for Beverages Bottled water and paper cups will not be used during the conference. Instead, glass and porcelain cups will be available during coffee and snack breaks. - Marketing Our online registration brochure viewer enabled us to print fewer brochures and use a tree in our conference theme instead of using trees to print brochures. Postcards were printed on FSC mixed sources (recycled wood and fiber and wellmanaged forests). michiganfoundations.org �Manq T.furrnk~ ~o our Sp~m~or~. f oundahon Suppor~er~ { Exitibrfor~ General Information .. .. .. . .. . .. .. .. . .. .. . ... ..5 fiVE STAR Resource Central .. .. ..... . .. .. .. ..... .. . .. .. .5 Frey Foundation W.K. Kellogg Foundation Conference At a Glance .. . ...... . .. . ... . .. .. .6-7 Conference Schedule YOUR STAR Sunday, October 12 ............ . .......... ...8 Monday, October 13 .. . ... . .. . .. . ... . .. . ..8-14 Tuesday, October 14 ......................14-19 Site Sessions .. . .. . ... . .. . ...... . .. .. .. . .. .12-13 Acknowledgements ...........................19 Annual Conference Committee . ......... ......20 CMF Staff ...... . ...... .... ...... . ...... . ... ..20 The lies Group at Merrill Lynch THREE STAR Comerica Bank, Wilson Kemp & World Asset Management Comerica Charitable Foundation DTE Energy Foundation The Fetzer Institute MASCO Corporation Foundation Steelcase Foundation The Wege Foundation Officers & Board of Trustees ..................21 Hotel Floor Plan ..............................23 For 2009 sponsorship or exhibitor opportunities, please contact Dave Lindberg at 616.842.7080 or TWO STAR Allegiant Asset Management Charles Stewart Matt Foundation Grand Rapids Community Foundation JPMorgan Chase Foundation & JPMorgan Asset Management The Kresge Foundation Legacy Trust dl indberg@m ichiganfoundati ons.org. ONE STAR Clark Hill PLC Plante & Moran, PLLC Williams Group EXHIJ)ITORS Immersed in community spirit. The Masco Family of Companies salutes the Council of Michigan Foundations for its thoughtful and progressive leadership of Michig~m's philanthropic community. masco.com mic higa nfoundations.org MASCO Allegiant Asset Management BoardSource Bromelkamp Company, LLC Comerica Bank Fifth Third Bank Fund Evaluation Group, LLC Hammond Associates IPEX, Inc. Legacy Trust The lies Group at Merrill Lynch Pathway Partners, LLC Plante & Moran, PLLC Russell Investments New space, New viewsame vision. This fall, t he Grand Rapids Communit y Foundation is �& • . Cyber Cafe Amway Grand Plaza Hotel Check your email or download conference materials in the Ruby room. Printers are also available. Parking Resource CentralYour Knowledge & Networking Hub! Self-parking is available for$16/night and valet parking for $25/night Both parking types offer 24-hour in-and-out access. - __ , ' ' I ' ' ~- Head to the West Concourse/Crown Foyer to do the following: Amenities - Visit exhibitors, each of whom has a proven track record of serving grantmakers. Fill your exhibit card t o be eligible for exciting prizes. This full-service luxury hotel offers boutiques, art galleries, business services and unlimited use of the fitness center for $5/day, per room for up to 4 guests. Wireless Internet is available in common areas. - Shop and browse at the Conference Bookshop & Publication Tables featuring the latest from conference speakers, CMF and our members. A r~w - Experience Vantage Point, a special photo exhibit featuring the Access to Recreation (A2R) projects of the Community Foundation of St. Clair County. A2R is a special initiative of the W.K. Kellogg Foundation, administered by Midwest Community Foundations Ventures', dedicated to providing recreation opportunities for people of all ages and all abilities. - Participate in an AmeriCorps service project to make fleece blankets for children and youth entering foster care. AmeriCorps members and program staff will be on hand to lead the activity. - Get the latest information and resources from CMF partners, including the Attorney General's Office-Charitable Trust, Johnson Center for Philanthropy at Grand Valley State University and Michigan Nonprofit Association. - Mor~ T.ftin~s ... Name Badges- Please welcome new CMF members, wearing "New Member" ribbons and first-time attendees, wearing gold star stickers. Message Center - For messages, please go to the Conference Registration desk located in the Center Concourse of the Amway Grand Plaza Hotel. Special Services -In compliance with the Americans with Disabilities Act, CMF will make all reasonable efforts to accommodate persons with disabilities. If you need assistance or have dietary restrictions that you did not note on the conference registration form, please see CMF staff at the Conference Registration desk in the Center Concourse at the Amway. We will make every effort to accommodate your request. Non-Solicitation Policy- CMF policy prohibits conference participants and vendors from any form of solicitation of its members during the conference. This policy does not apply when a member explicitly invites a solicitation. Grab a beverage or snack during noted break times. Photographer- Please contact Becky Noricks at CMF (616.842.7080) by October 24, 2008 if you prefer not to have photos in which you appear used in CMF informational or promotional publications. s mich iganfoundations.org �3:00 to 7:00p.m.- Conference Registration Open DeVos Lobby 4:00 to 5:00p.m.- Opening Keynote: The Presidential Election and Michigan's Transformation Steel case A Speaker: Da n Rather, award-winning journalist, author and philanthropist 5:00 to 6:00 p.m.- Break 6:00 to 7:00 p.m.- Opening Reception Secchia Lobby 7:00 to 9:30p.m.- Dinner & Capitol Steps Performance Steelcase B 7:00 a.m. to 6:00 p.m.- Conference Registrati on Open Center Concourse - Communications Skill Building 101 - Vandenberg B Bridging Your Family Foundation's Generational Divide - Pearl Family Violence as an Unseen Cost of Michigan's Failing Economy - Emerald A Racial Equity Grantmaking - Gerald Ford 11:00 a.m. to 12:15 p.m.- Community .·~~ Foundation Concurrent Sessions ~ Governance 101 for Trustees - Haldane Becoming the "Go To" Place for Charitable Gifts - Grandview Development Essentials - Thornapple 12:30 to 2:00 p.m. - Luncheon Keynote: How Do You Store the Ketchup? - Ambassador Ballroom Speaker & Responders: Scott Page, professor of complex systems, political science and economics, University of Michigan; Ralph Smith, executive vice president, Annie E. Casey Foundation, and chair, Council on Foundations; Sterling Speirn, president & CEO, W.K. Kellogg Foundation 2:00 to 2:30 p.m.- Break Cyber Cafe Open - Ruby 2:30 to 5:00p.m.- CMF Board Meeting - Pearl 7:30 to 8:15a.m.- Newcomers Orientation Breakfast Vandenberg B 7:30 to 8:45a.m.- General Breakfast and Annual Members' Meeting - Ambassador Ballroom 8:45 to 6:00 p.m.- Resource Central Open West Concourse/Crown Foyer 8:45 to 9:00 a.m.- Break 9:00 to 10:30 a.m. - Feature Sessions - Alig ning Forces for Health Quality - Vandenberg A Funding Public Education Reform - Gerald Ford - The Impact of Climate Change on the Great Lakes - Governors 10:30 to 11:00 a.m. - Break 11:00 a.m. to 12:15 p.m.- CMF Advisory Cabinet Meeting 11:00 a.m. to 12:15 p.m.- Concurrent Sessions Navigating Today's Investment Issue M aze Va ndenberg A Starting and Ending the Employment Relationship Right - Emerald B mic higa nfoundations.org 2:30 to 5:00 p.m.- Site Sessions A Holistic Approach to Ed ucation - Dr. M artin Luther King J r. Leadership Academy Community Information in the Digital AgeGrand Rapids Public Library Foreclosure's Impact on Michigan Families and Neighborhoods- Inner City Christian Federation How Geographic Information Systems lGIS) Technology Informs Local Decision MakingJohnson Center for Philant hropy and Nonprofit Leadership In This Together .. . Learn, Share, Laugh- Gilda's Club Grand Rapids The Medical M ile- An Economic DriverSpectrum Hospital Meijer Heart Center 2:30 to 5:00 p.m. -Workshops Assessing and Strengthening Your Foundation's Strategy - Emerald A Community Foundation Op~rating Models ·~ l2:30 to 4:00 p.m.) - Grandv1ew · 2:30 to 5:00 p.m.- User Groups 2:30 to 4:00 p.m. - Pearl User Group - Emerald B 4:00 to 5:00 p.m. - eGrant.net User Group Emerald B �Mondaq. Octobe-r 1~. Ai A dlan~e- <:5J{q Amwaq dram[ Plaza Hoie-1 ', _ j._.} ~ ---- -~ 9:00 to 10:30 a.m.- Community "NJ,• Foundation Concurrent Sessions . :llTt. Community Leadership for Smaller Foundations Grandview A De-Mystifying School Financial Aid for College and Post-Secondary Education - Thornapple Using Generational Messages to Reach Donors of All Ages - Grandview B-C 4:00 to 5:30 p.m. - Community Foundation -~ CEO Meeting - Haldane 5:00 to 6:30 p.m.- Break 6:30 to 9:30 p.m.- Green Gala at the GRAM Grand Ra pids Art Museum 8:00 p.m. - Community Foundation Reception _. at the Grand Rapids Community Foundation -~ 10:30 to 11:00 a.m. - Break (pre-registration required) 11:00 a.m. to 12:15 p.m. -Concurrent Sessions Considering International Grantmaking as a Family Foundation - Emerald A Funders Collaborating on Neighborhood Development - Governors Michigan Philanthropy in 3-D - Vandenberg B Office Policies, Procedures and Protocols Roundtable - Vandenberg A Transforming Evaluation - Strategies for Results Pearl Project Streamline: Drowning in Paperwork, Distracted from Purpose- Emerald B Tue-sdaq. Odobe>r 14. A~ A l1hrnee> Amwaq l1ran.d Plaza_~{e>l ,~ 7:00 a.m. to 4:00 p.m. ' -Lea<~<' Conferenc e Registration Open - Center Concourse Resourc e Centra l Open - West Concourse/ Crown Foyer Cyber Cafe Open - Ruby 7:00 to 8:00 a.m. Breakfast and Roundtables Ambassador Ball room Community Foundation Program Officer 11:00 a.m. to 12:15 p.m.- Community --~• Foundation Concurrent Sessions ..ftliiJl7._ 15 Great Marketing Ideas - Haldane ...,_ Building Unrestricted Endowment Assets Grandview Matching Donors with Community Needs - Berkey Breakfast - Haldane 8:00 to 8:45a.m.- Town Hall Keynote: Our Scorecard for Achieving Michigan's Transformation - Ambassador Ballroom Moderators: Breannah Alexander, member, Mic higan Community Servic e Commission and CMF's Michigan Community Foundations' Youth Project Committee; Cra ig Ruff, senior policy fellow, Public Sector Consultants 12:15 to 12:30 p.m.- Break 12:30 to 2:00 p.m.- Luncheon Keynote: Our Blueprint for Michigan's Prosperity - Ambassador Ballroom Speakers: Angela Glover Blackwell, founder & CEO, PolicyLink; Bruce Katz, vice president, Metropolitan Policy Program, Brookings; Rip Rapson, president, The Kresge Foundation 8:45 to 9:00 a.m.- Break 9:00 to 10:30 a.m. - Concurrent Sessions 10 Essential Responsibilities of Foundation Board Chairs - Emerald A Family Foundation Missteps - Staying out of Hot Water - Pearl Funding Strategies to Improve the Lives of African-American and Latino Men and Boys Imperial Ballroom Global Sustainability Investing - Emerald B How Grantmakers Can Join the Web 2.0 Revolution - Vandenberg B Unlocking Creativity and Inspiring Ideas through Improvisation - Berkey 2:00 to 2:30 p.m.- Break 2:30 to 4:00 p.m.- Closing Keynote: Transformation Requires Creativity and Activism - Pantlind Ball room Speakers: Judy Collins, singer, songwriter & philanthropist; Ruby Dee, actress & philanthropist; Thomas Beech, president & CEO, The Fetzer Institute 1 mich iganfoundations.org �Sun.daq. Odobe-r 12 Pe-Vo~ Plawe- eonve-niion ee-nie-r Mon.daq . Od obe-r 13 Amwaq dram[ Plaza Hoie-1 3:00 to 7:00p.m. - Conference Registration Open 7:00a.m. to 6:00p.m. Conference Registration Open- Center Concourse Cyber Cafe Open- Ruby DeVos Lobby 4:00 to 5:00 p.m. - Opening Keynote: The Presidential Election and Michigan's Transformation Steelcase A Award winning journalist, author and philanthropist. Dan Rather will discuss the upcoming Presidential Election and what it might mean for Michigan. A veteran White House correspondent, who covered President Ford, and author of The American Dream, Rather confirms what our founding fathers always believed: "that we are a country of visionaries, in ways big and small." How is vision essential to Michigan's transformation- especially when it is a national vision led by a new president? Launching our conference theme of Achieving Michigan's Transformation, this session will address how we can all be visionaries for Michigan and the nation. Speaker: Dan Rather, award-winning journalist, author and philanthropist Moderator: Milt Rohwer, president, Frey Foundation 7:30 to 8:15a.m. - Newcomers Orientation Breakfast Vandenberg B (pre-registration required) New CMF members and 1st time conference attendees will meet CMF staff and learn more about available member benefits. At 8:15 the group will join the Annual Members' Meeting. 7:30 to 8:45 a.m. - General Breakfast and Annual Members' Meeting- Ambassador Ballroom 8:45 to 6:00 p.m. - Resource Central Open West Concourse/ Crown Foyer 8:45 to 9:00 a.m. - Break Head to Resource Central to visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project. Or, check your e-mail in the Cyber Cafe in the Ruby room. Underwritten by the Frey Foundation 9:00 to 10:30 a.m.- Feature Sessions 5:00 to 6:00 p.m. - Break Aligning Forces for Health Quality- Vandenberg A 6:00 to 7:00p.m.- Opening Reception- Secchia Lobby 7:00 to 9:30p.m.- Dinner & Entertainment Steelcase B Enjoy an original scripted show on the 2008 Election by the Capitol Steps- a musical theatre group composed of former Senate staffers satirizing the very people and places that employed them. They've been putting the mock in democracy since 1981. Underwritten by the Grand Rapids Community Foundation mic higa nfoundations.org Across America and Michigan there are serious differences by region and race between the health care people should receive and the care they actually receive. While poor health care is a national problem, fixing it requires local solutions and local cooperation. Join representatives from Michigan's two sites in the Robert Wood Johnson Foundation's Aligning Forces for Quality national initiative to discuss how diverse teams are coming together to try t o make a difference. Speakers: Vernice Davis Anthony, president & CEO, Greater Detroit Area Health Council; Bruce Siegel, director, Center for Health Care Quality, George Washington University; Lady Zwarensteyn, president, Alliance for Health Moderator: Marianne Udow, director, The Center for Healthcare Quality and Transformation �9:00 to 10:30 a.m.- Feature Sessions cont 11:00 a.m. to 12:15 p.m. - Concurrent Sessions Funding Public Education Reform- Gerald Ford Improving public education is a national priority, but the education system is complex and public dollars far exceed private investment. Effective grantmakers need to think carefully about how they can affect change by using and leveraging private foundation funding . Learn new ways to improve your philanthropic efforts and ideas that might change your assumptions about engaging in education reform. Speakers: Kati Haycock, president, Education Trust; Ralph Smith, executive vice president, Annie E. Casey Foundation, and chair, Council on Foundations Moderator: Carol Goss, president & CEO, The Skillman Foundation Underwritten by The Skillman Foundation Navigating Today's Investment Issue Maze Vandenberg A The recent credit crisis emphasized the importance of understanding investment risk. Learn how various investment classes are affected by the ever changing market environment and what you and/or your investment committee need to do to ensure the security of your investments. Speakers: Bruce Konstant, vice president, Institutional Portfolio Strategist, Bank of America; Alan Ochalek, vice president, Comerica Asset Management Moderator: Diane Wynsma Hyland, vice president & trust officer, U.S. Trust, Bank of America Underwritten by the Carl F. Reitz Fund for Investment Education The Impact of Climate Change on the Great Lakes Governors The Earth's climate is warming, and scientists agree that observed temperature increases are the result of human activity. Explore the predicted impacts of climate change on the Great Lakes region, including ramifications for economic sectors, communities, people and wildlife. Learn how and why people from diverse walks of life are involved in the search for solutions and how philanthropy can help. Speakers: Rosina Bierbaum, dean, School of Natural Resources and Environment, University of Michigan; Larry Schweiger, president and CEO, National Wildlife Federation Moderator: Lois DeBacker, program director, The Kresge Foundation Underwritten by The Kresge Foundation 10:30to 11:00 a.m.- Break Head to Resource Central to grab a snack, visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project. Or, check your e-mail in the Cyber Cafe in the Ruby room. Starting and Ending the Employment Relationship Right- Emerald B What legal and employment policies are necessary to guide your organization through its relationships with employees? Walk through a model processapplication, interview, hiring, discipline and termination- learning best practices and policies to recruit top-notch employees, manage your relationships with them and reduce organizational risks. Speakers: Jennifer Buckley, member, Clark Hill PLC; Anne-Marie Welch, associate, Clark Hill PLC Moderator: John Schneider, member, Clark Hill PLC Allegiant Asset Management Company proudly supports Michigan Foundations. For more inf orm ation on A llegiant , please contad: ~~ Keith Weigel 248-729-831\11 Craig Haynes 248-729-831\3 legian . Allt:giant ~t Managt:mc:nt Comruny is an SECrt:gisu::r«< im~Stnl<"ntadvisor. Cl2008 CS-30AS2 11:00 a.m. to 12:15 p.m. - CMF Advisory Cabinet Meeting mic higa nfoundations.org �11:00 a.m. to 12:15 p.m. - Concurrent Sessions cont Communications Skill Building 101 -Vandenberg B Develop your skills and get advice from leading communications professions on a range of topics including web sites, annual reports, media relations and more. Speakers: Michael Gallagher, editorial consultant, Council of Michigan Foundations; William Hanson, director of communications & technology, The Skillman Foundation; Mitchell Hurst. team leader new media, C.S. Mott Foundation; Wesley Maurer, publisher, St Ignace News and trustee, Mackinac Island Community Foundation; Gloria Royal, vice president marketing communications, Kalamazoo Community Foundation; Cynthia Shaw, communications director, The Kresge Foundation; Bruce Trachtenberg, executive director, Communications Network; Michael VanBuren, communications manager, W.K. Kellogg Foundation Moderator: Dianne Price, director of public affairs, W .K. Kellogg Foundation Bridging Your Family Foundation's Generational Divide- Pearl Family foundations often struggle with being "multi-generational." Learn about the generational characteristics related to philanthropy, participate in interactive exercises to help your family bridge the generational divide and hear one family's story about how they are addressing these challenges. Speakers: Betsy Upton Stover, trustee, FrederickS. Upton Foundation; Roberta King, vice president public relations and marketing, Grand Rapids Community Foundation Moderator: Lisa Cripps, director, FrederickS. Upton Foundation Family Violence as an Unseen Cost of Michigan's Failing Economy- Emerald A Families under stress react in various ways when the head of the household loses a job or a significant amount of income. In certain circumstances, women and children are the likely targets of violence as a result. Hear more about the documented risk of mic higa nfoundations.org violence and opportunities for action to protect families in Michigan's current and difficult economic times. Speakers: Rosa lynn Bliss, director, KidsFirst at St John's Home; Shannon Garrett, Michigan field director, The White House Project Moderator: DeDe Esque, president & CEO, Nokomis Foundation Racial Equity Grantmaking- Gerald Ford Race is one component to consider in diversity and inclusive practice, dominating much of the public discourse. Debates range from the efficacy of colorblind decision making to institutional barriers, overt racism, to personal responsibility. An interactive panel will discuss the age-old question: "what's race got to do with it?" and how racially diverse boards, leadership, staff and cultural competency can increase grantmakers' effectiveness and ability to serve racially diverse communities. Speakers: Susan Batten, senior associate, Equity, Diversity & Inclusion, Annie E. Casey Foundation; Lisa Jackson, vice president, research, Center for Effective Philanthropy; Johnny Lee Jenkins, Jr., Michigan program officer, Arcus Foundation Moderator: Renee Branch, director, Diversity and Inclusive Practices, Council on Foundations Our commitment to the community... is a never-ending story. At DTE Energy, we believe being part of a community is more than simply doing business there. lt's about doing our part to help that community and our customers thrive. That's w hy through ongoing employee volunteerism, environmental stewardship, educational resources, corporate d onations and sponsorship activiti es at the grassroots level, we will continue to support programs and initiatives that strengthen and enhance the communities we serve .. . so we can all live happily ever after. T he Powe r of Your Comm uni ty ~!!n~~;j:J e a DT• • �11 :00 a.m. to 12:15 p.m.- Community-· Foundation Concurrent Sessions · ' Governance 101 for Trustees - Haldane This "must attend" session will address the common areas all trustees, new or seasoned, inquire about: job description, responsibilities, legal requirements and board "best practices." Speakers: Pete Christ, CMF community foundation consultant & interim director, The Grantmaking School, Johnson Center for Philanthropy and Nonprofit Leadership; Barbara Willyard, executive director, Community Foundation for Northeast Michigan Moderator: Ann Tabor, president, Grand Haven Area Community Foundation Becoming the "Go To" Place for Charitable Gifts Grandview Learn the ins-and-outs of some of the more complicated, but rewarding scenarios that can make your community foundation the number one "go to" place for charitable gifts of all types and sizes. Eight donor case studies on topics like international grantmaking, real estate gifts, planned giving and more will be presented in this interactive session. Speaker: Bryan K. Clontz, senior consultant. Ekstrom & Associates Moderator: Jonse Young, planned and major gifts director, Grand Rapids Community Foundation Development Essentials - Thorn apple Learn about asset development fundamentals - gifts acceptance, prospecting, professional advisors, planned gifts, donor relations, etc. - from two seasoned development professionals, one urban and one rural. Speakers: Ann Fergemann, vice president donor relations, Kalamazoo Community Foundation; Bonnie Hildreth, president Barry Community Foundation Moderator: Robert Jordan, philanthropic services officer, Fremont Area Community Foundation 12:30 to 2:00 p.m. - Luncheon Keynote: How Do You Store the Ketchup? - Ambassador Ballroom Author of The Difference, Professor Scott Page believes that when we peer out of our silos and see people doing strange things with the ketchup, we should see opportunity and possibility. He shows- using logic not meta phor - that progress depends as much on our collective differences as it does on our individuai iQ scores. Page will share his fundamental insightthat in problem solving, diversity is powerful stuff- with foundation leader panelists in a provocative discussion that will change the way we think about diversity and its role in Michigan's Transformation. Speaker: Scott Page, professor of complex systems, political science and economics, University of Michigan Responders: Ralph Smith, executive vice president, Annie E. Casey Foundation, and chair, Council on Foundations; Sterling Speirn, president & CEO, W.K. Kellogg Foundation Moderator: Diana Sieger, president, Grand Rapids Community Foundation Underwritten by Comerica Bank and the WK. Kellogg Foundation 2:00 to 2:30 p.m. - Break Head to Resource Central to visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project. Or, check your e-mail in the Cyber Cafe in the Ruby room. 2:30 to 5:00p.m. - CMF Board Meeting - Pearl 11 mi chiganfoundations.org �2:30 to 5:00p.m. - Site Sessions (pre-registration required) Sign-up at conference registration if you are not already registered. Buses and walking guides for all sessions will depart from the Pantlind Lobby at 2:30 p.m. Buses underwritten by Dyer-lves Foundation, Fremont Area Community Foundation and The Sebastian Foundation. A Holistic Approach to Education- Dr. Martin Luther King Jr. Leadership Academy Experience a brand new pre-K-8 school (complete with rooftop garden) with a range of programs to provide multiple services to children and their families, including tutoring, after school programs and access to cultural experiences. Speakers: Bernard Taylor, superintendent, Grand Rapids Public Schools; Carrie Tellerico, principal, Dr. Martin Luther King, Jr. Leadership Academy; Kurt Unangst, family resource specialist, Michigan Department of Human Services Moderator: Ron Koehler, assistant superintendent for organizational and community initiatives, Kent Intermediate School District Community Information in the Digital Age Grand Rapids Public Library Public libraries are "go to" information hubs in communities. Explore how libraries are using new methods of collecting, organizing and providing access to information and how residents can be empowered as content creators using Web 2.0 tools. Speakers: Kolene Allen, web branch manager, and Marcia Warner, executive director, Grand Rapids Public Library; Laurie Cirivello, executive director, and George Wietor, web 2.0 project director, Grand Rapids Community Media Center Moderator: Lynne Ferrell, program officer, Frey Foundation Foreclosure's Impact on Michigan Families and Neighborhoods- Inner City Christian Federation Neighborhood revitalization throughout Michigan is now jeopardized by the foreclosure crisis. The cost to the neighborhood and community let alone the family in dealing with foreclosure is huge. How can foundations help keep families in their homes? What mic higa nfoundations.org are strategies for dealing with abandoned homes? These questions and more will be tackled during this visit to the historic, LEED-certified and newly restored Inner City Christian Federation headquarters -the former D.A. Blodgett Home for Children. Speakers:Tracie Coffman, financial counseling manager, Home Repair Services; Wendy Lewis Jackson, program officer, The Kresge Foundation; Jeff Jahr, senior program officer, Fremont Area Community Foundation; Sue Ortiz, director of housing and family services, Inner City Christian Federation Moderator: Laurie Craft, program director, Grand Rapids Community Foundation In This Together... Learn, Share, Laugh- Gilda's Club Grand Rapids See the lovely pastoral campus of Gilda's Club Grand Rapids- an organization providing a community space for people diagnosed with cancer and their loved ones to gather for support, education and fun. Learn about recent research demonstrating the importance of social and emotional support in successful cancer treatment and a new Children's Grief Program for children dealing with loss. Speakers: Leann Arkema, president, Gilda's Club Grand Rapids; participants from Children's Grief Program and Sister-to-Sister Support Group Moderator: Dave Sebastian, trustee, The Sebastian Foundation How Geographic Information Systems (GIS) Technology Informs Local Decision Making Johnson Center for Philanth ropy and Nonprofit Leadership The GIS tool provides rich data that can drive planning and programming decisions. Learn how mapping has helped West Michigan nonprofits and grantmakers as they work collaboratively t o solve community challenges and try your hand at mapping your community. Speakers: Jeremy Pyne, GIS specialist, and Gustavo Rotondaro, associate director and GIS manager, Community Research Institute, Johnson Center for Philanthropy and Nonprofit Leadershi p Moderator: Lee Nelson Webber, program director, Dyer-lves Foundation �Mondaq. Octobe-r 1~. ooni. - Amwaq 4rand Plaza Hofe-1 2:30 to 5:00 p.m. - Site Sessions cont. The Medical Mile - An Economic Driver Spectrum Hospital Meijer Heart Center Check out the new Meijer Heart Center and the activity next door as the new DeVos Children's Hospital rises from the ground. Discuss the regional economic impact of these facilities and others including the Lemmon-Holton Cancer Pavilion, Van Andel Institut e and Michigan State University medical school and how this collaborative life sciences corridor is driving innovation. Speakers: Michael Freed, executive vice president & CFO, Spectrum Health; Steve Heacock, chief administrative officer and general counsel, Van Andel Institute; Marsha Rappley, dean, Michigan State University College of Human Medicine Moderator: Ginny Vander Hart executive director, Douglas and Maria DeVos Foundation 2:30 to 5:00 p.m. - Workshops Assessing and Strengthening Your Foundation's Strategy- Emerald A How do foundations maximize their impact? What is the role of strategy? Is your foundation strategic? Are you? This interactive workshop, based on the Center for Effective Philanthropy's (CEP) ground breaking research on decision making at foundations, will help you answer these questions and more. Learn the four categories of decision makers ranging from nonstrategic to strategic, where you currently sit on CEP's strategy continuum and practical solutions for getting to where you'd like to be t o increase your foundation's impact and effectiveness. Speakers: Lisa Jackson, vice president, research, Center for Effective Philanthropy; Scott Page, professor of complex systems, political science and economics, University of Michigan Moderator: Jenee Velasquez, executive director, Herbert H. and Grace A. Dow Foundation Community Foundation Operating -Models (2:30 to 4:00p.m.) - Grandview Many community foundations, including the Grand Rapids Community Foundation, are using operating models for donor development, grantmaking, fiscal oversight and leadership. These models enable users to discover and analyze how they spend their time with development efforts vs. other activities like strategic planning, board visioning and financia l sustainability. Learn how your foundation could use these models in this highly interactive session. Speaker: Bryan Clontz, senior consultant, Ekstrom & Associates Moderator: Jonse Young, planned and major gifts director, Grand Rapids Community Foundation 2:30 to 5:00p.m.- User Groups 2:30 to 4:00p.m. - Pearl User Group - Emerald B Fifty Michigan foundations use First Pearl, Community Pearl and Pearl to manage operations. Share your experiences with others using this grant fundraising and accounting software or learn if it's right for you. Hear about a new free update that includes Filter Builder- a tool for designing filters with little technical knowledge and integrating information from Guidestar.org and Outl ook into Pearl - and preview a new concept called Workflow Processing in its beginning stages. Speaker: Henry Bromelkamp, president, Bromelkamp Company, LLC 4:00 to 5:00p.m.- eGrant net User Group- Emerald B Several Michigan f oundations have chosen eGrant.net for managing online scholarship and/or grant applications. Come discuss how your application cycle fared this year, ideas for enhancements, or questions about online applications and reports. Speaker: Henry Bromelkamp, president. Bromelkamp Company, LLC 4:00 to 5:30p.m.- Community -Foundation CEO Meeting - Haldane · Underwritten by the Williams Group · 5:00 to 6:30 p.m. - Break mi ch ig anfou nd ati on s.org �6:30 to 9:30p.m.- Green Gala at the GRAM Grand Rapids Art Museum Enjoy a special evening of local food, visual arts, music from the Emmy-nominated Grand Rapids Symphony and learn more about the Grand Rapids Art Museum's (GRAM) certification as the first LEED (Leadership in Energy and Environmental Design) certified art museum in the world. The GRAM is a short walk from the Amway. CMF staff will be available at the registration desk to provide directions. Limited transportation will be available for those who do not wish to walk. Please inquire at the registration desk for more details. Underwritten by the Wege Foundation 8:00 p.m. - Community Foundation Reception at the Grand Rapids Community Foundation (pre-registration required) -'·~· ~ The Grand Rapids Community Foundation invites community foundation staff and trustee colleagues to a private reception and tour at its new office housed in a historic and restored building called the " Icehouse" (185 Oakes St. SW). Underwritten by the Grand Rapids Community Foundation Tue>gdaq. Odobe>r 14 Amwaq 4rand Plaza Hofe>l 7:00 a.m. to 4:00 p.m. Conference Registration Open- Center Concourse Resource Central Open- West Concourse/ Crown Foyer Cyber Cafe Open - Ruby 7:00 to 8:00 a.m. - Breakfast and Roundtables Ambassador Ballroom Grab some breakfast at the buffet and sit at a table with a table tent on a topic you'd like to discuss. Don't see a topic you like? Choose your own! Markers and blank table tents will be available. 7:00 to 8:00a.m. - Community Foundation -~ Program Officer Breakfast- Haldane · · t 8:00 to 8:45a.m.- Town Hall Keynote: Our Scorecard for Achieving Michigan's TransformationAmbassador Ballroom In spring 2007, the Center for Michigan began asking residents how well Michigan is transforming its economy, government and social systems during this complex time of change, challenge and global competition as part of its Michigan's Defining Moment (MDM) campaign. In this session, conference attendees will participate in an MDM Community Conversation and become part of the 10,000 residents the campaign plans to engage by 2010. An Envision Michigan story contest winner will also share his essay of hopeful vision for Michigan's future. Moderators: Breannah Alexander, member, Michigan Community Service Commission and CMF's Michigan Community Foundations' Youth Project Committee; Craig Ruff, senior policy fellow, Public Sector Consultants Host: Caroline Chambers, president, Comerica Charitable Foundation Underwritten by the Come rica Charitable Foundation 8:45 to 9:00 a.m. - Break Head to Resource Central to visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project Or, check your e-mail in the Cyber Cafe in the Ruby room. Manq Hmnk~ io ~--·._._ our Annual {, ~: eonfe-:re-nee- eommi:He-e-. mic higa nfoundations.org �9:00 to 10:30 a.m.- Concurrent Sessions 10 Essential Responsibilities of Foundation Board Chairs- Emerald A Becoming a board chair can be both daunting and exciting. And, few roles are more significant in ensuring a foundation's success. In response to member requests, CMF partnered with BoardSourcethe nation's number one source on board governance -to create a new resource called 10 Essential Responsibilities for Foundation Board Chairs. Learn about the 10 essential responsibilities and dig deeper into this topic with colleagues. The session will be helpful for new board chairs or as a refresher for more seasoned board chairs. Speaker: Marla Bobowick, consultant, BoardSource Moderator: John Colina, president, Colina Foundation Speakers:Tonya Allen, vice president program, The Skillman Foundation; Randell McShepard, director of community affairs, RPM International, Inc.; Phillip Thomas, senior program officer, Community Development, Chicago Community Trust Moderator: Lisa Cylar Miller, special projects officer, The Skillman Foundation For making a difference M ERRILL LYNCH Family Foundation Missteps - Staying out of Hot Water- Pearl Most mistakes family foundations make are inadvertent. Self-dealing dos and don'ts are often counterintuitive. Explore some of the basic areas where family foundation board members might get into trouble through a skit developed, written and performed by family foundation trustees. Speaker: Marguerite Griffin, senior vice president & national director of philanthropic services, The Northern Trust Company Moderator: Elizabeth Dole, vice president & secretary, Dole Family Foundation applauds the COUNCIL OF MICHIGAN FOUNDATIONS for helping to make a difference in our community. And that inspires us all. 989-791-8493 Funding Strategies to Improve the Lives of AfricanAmerican and Latino Men and Boys - Imperial Ballroom Hear about several foundations' efforts in Detroit, Cleveland and Chicago to improve the lives of AfricanAmerican/Latino men and boys in the U.S. and the results of a recent public policy think tank report examining the anti-educational messages many African-American youth face and proposed strategies to combat those messages. Afterwards, discuss possible collaborative opportunities for Michigan funders to serve this population in the future. OR 1-866-260-6235 MERRILL LYNCH 4805 TOWNE CENTRE ROAD, SUITE 200 SAGINAW, Ml 48604 THE ILES GROUP ~ Merrill Lynch ©2007 Merrill Lynch, Pierce, Fenner & Smith Incorporated. Member, SIPC. 1S mich iganfoundations.org �Tue>gdaq. Odobe>r 14. oont - A.mwaq 4ranJ Plaza Hoie>l 9:00 to 10:30 a.m. - Concurrent Sessions cont. Speaker: Mary Jane Pories, president, Fish ladder Inc. Moderator: Shannon Polk, associate program officer, C.S. Mott Foundation Underwritten by the W.K. Kellogg Foundation Global Sustainability Investing- Emerald B Sustainability in investing is the degree to which a company addresses the social and environmental needs of the present without compromising the quality of life of future generations. This investment approach involves rewarding companies who proactively and positively address human rights, environmental, governance and other issues instead of boycotting "sin stocks." Learn how to incorporate this area into your investment policy and how to find companies meeting these criteria. Speakers: Peter Jacobs, senior vice president, Northern Trust Investments; Eric Fernald, director of research, KLD Research and Analytics, Inc. Moderator: Tamara Bailey, vice president, Northern Trust Bank, FSB 9:00 to 10:30 a.m.- Community - Foundation Concurrent Sessions · · · Community Leadership for Smaller FoundationsGrandview A This nuts and bolts session will give CEOs and trustees a checklist for determining when your foundation is ready to tackle a community initiative, pitfalls to avoid and a hands-on plan requiring little time, money or staff, to guide your foundation successfully and smoothly into a community leadership role. Speaker: Ann Tabor, president, Grand Haven Area Community Foundation Moderator: Chris Smith, program officer, Community Foundation for Southeast Michigan How Grantmakers Can Join the Web 2.0 Revolution Vandenberg B Web 2.0 tools and technology offer tremendous opportunities for foundations to reach and interact with target audiences. Come take a closer look at Web 2.0 and its exciting potential for your foundation. Speakers: Lynn Labieniec, CEO, Beaconfire Consulting; Amanda St. Pierre, PR & marketing specialist, Grand Rapids Community Foundation; Susan Trabucchi, senior program officer; The Fetzer Institute Moderator: Mitch Hurst, team leader-new media, C.S. Mott Foundation De-Mystifying School Financial Aid for College and Post-Secondary Education - Thornapple Learn about the college/university financial aid process, including how FAFSA results are used and how financial aid packages are put together. Presenters will assist foundation scholarship administrators with how to best evaluate an applicant's financial need and how to maximize foundation scholarship impact. Participants will then explore how financial aid departments and scholarship providers can best work together to improve student access to post-secondary education. Speakers: Justin Draeger, assistant director for communications, National Association of Student Financial Aid Administrators; JoAnn Litton, associate director of financial aid, Grand Valley State University Moderator: Marcy Joy, program officer and scholarship coordinator, Community Foundation for Muskegon County Unlocking Creativity and Inspiring Ideas through Improvisation- Berkey Leaders today need to be agile, innovative, collaborative and able to deal with the unexpected. This highly interactive session will explore how the tools of improvisation can unlock new ways of thinking, communicating and "being" -leading to heightened innovation, improved communication and less stress and negativity. Participants will learn exercises to foster creative risk-taking and teamwork, improve decision making and encourage new ideas in the workplace. mic higa nfoundations.org 16 �9:00 to 10:30 a.m. - Community -Foundation Concurrent Sessions cont. · u · ' Using Generational Messages to Reach Donors of All Ages- Grandview 8-C Knowing why people of different generations think and behave differently is important to effective donor communications. Learn about the traits of five American generations as they relate to philanthropy: what events shaped them, what they value and what motivates them in their giving. Speaker: Roberta King, vice president public relations and marketing, Grand Rapids Community Foundation Moderator: Jonse Young, planned and major gifts director, Grand Rapids Community Foundation 10:30to 11:00 a.m.- Break Head to Resource Central to grab a snack, visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project. Or, check your e-mail in the Cyber Cafe in the Ruby room. 11:00 a.m. to 12:15 p.m.- Concurrent Sessions Considering International Grantmaking as a Family Foundation- Emerald A More family foundations are making grants internationally, discovering that a small amount of money can make a big impact. Trends suggest that next generation trustees are also highly interested in grantmaking abroad. Hear success stories from several families who are already giving in Africa, the Middle East, Latin America and Europe. Learn about international grantmaking's unique attributes, how your foundation can start giving internationally and how larger private foundations can be important partners in the process. Speakers: Marguerite Griffin, senior vice president & national director of philanthropic services, The Northern Trust Company; Carol Paine-McGovern, president, Paine Family Foundation; Douglas Bitonti Stewart, executive director, Max M. & Marjorie S. Fisher Foundation Moderator: William F.L. Moses, senior program officer, The Kresge Foundation Funders Collaborating on Neighborhood Development Governors Learn about the intricacies of partnerships among foundations, municipalities and community partners to advance a common neighborhood agenda. Gain insight into challenges facing decaying neighborhoods and why resources from multiple sources are necessary for systemic change. Panelists will share stories about taking risks in partnerships, high stakes grantmaking and the importance of credibility with stakeholders. They will also address the need for state and regional level grants to address issues in targeted communities. Speakers:Tonya Allen, vice president program, The Skillman Foundation; Christine Kageff, vice president philanthropy and community relations, JPMorgan Chase Bank; Laura Trudeau, program director, The Kresge Foundation Moderator: Neal Hegarty, director of the Flint area program, C.S. Mott Foundation Michigan Philanthropy in 3-D- Vandenberg B Recent polls indicate that few civic leaders understand the multifaceted work or value of foundations. Why does this matter t o your foundation and t o philanthropy's efforts t o transform Michigan? Learn about an innovative state pilot to engage outside leaders in Michigan philanthropy and what your foundation can do t o help. Speakers: Mark Sedway, director, Philanthropy Awareness Initiative; Karen Aldridge-Eason, foundation liaison, Office of the Foundation Liaison; Vicki Rosenberg, vice president education, communications & external relations, Council of Michigan Foundations Moderator: David Egner, president & CEO, Hudson-Webber Foundation Job well done! J.P. Morgan Asset Management is pleased to recognize t he Council of Michigan Foundations. We applaud your efforts to enhance philanthropy in the state of Michigan. Michael Barry 313-225-1249 J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan chase & co. and it affiliates worldwide. ll 2008 JPMorgan chase & co. 11 J.P. Morgan Asset Management mich iganfoundations.org �Tue>gdaq. Odobe>r 14. oont - A.mwaq 4ranJ Plaza Hoie>l 11:00 a.m. to 12:15 p.m. - Concurrent Sessions cont Office Policies, Procedures and Protocols Roundtable Vandenberg A Administrative and support staff often have the most experience with solving workplace operational challenges since they serve on the front lines each day. Join support staff colleagues to share ideas and solutions you've implemented in your organization in areas like using technology to effectively manage projects, creative human resources approaches, unique document retention policies and more. Moderator: Heather Dombrowski, operations manager, The Skillman Foundation Transforming Evaluation- Strategies for Results Pearl Logic models provide a supportive technique for evaluation design. Learn how to best structure information collection and reporting requirements and clarify evaluation questions to grantees. Speakers: Meg Blinkiewicz, president Michigan Association for Evaluation; Lisa Wyatt Knowlton, partner, Phillips Wyatt Knowlton, Inc. Moderator: Randall Eberts, executive director, W.E. Upjohn Institute for Employment Research Project Streamline: Drowning in Paperwork, Distracted from Purpose- Emerald B Are you frustrated with inefficiencies in grant application and reporting processes? Project Streamline, a collaboration among eight philanthropic and nonprofit organizations, is working to develop standards for the documentation required in these processes. Session participants will provide input from their experiences, and consider recommendations for improving grantmaking practice. Speaker: Teresa Crawford, grants manager, Frey Foundation Moderator: Andrea Cole, executive director & CEO, Ethel and James Flinn Foundation 11:00 a.m. to 12:15 p.m.- Community - Foundation Concurrent Sessions · · · · <:: mic higa nfoundations.org 15 Great Marketing Ideas- Haldane This fast paced session promises that you'll leave with at least five great marketing ideas you can implement immediately! Each speaker will take 2 minutes (yes there will be a gong!) to outline a successful marketing effort they implemented in their community and "how to" handouts will detail all15 ideas. Moderator: Ann Tabor, president, Grand Haven Area Community Foundation Building Unrestricted Endowment Assets Grandview In 2004 the Ann Arbor Area Community Foundation undertook a five-year asset development initiative to raise $15 million in gifts and pledges for unrestricted endowment funds to support its broad community grantmaking program and another $10 million in new documented bequests to ensure future funding. As they prepare to celebrate the success of the Fund the Future campaign, hear what they learned about the myths and realities of targeted asset development and donor interest and responsiveness. Speakers: James Buhr, Fund the Future chair and former trustee, Ann Arbor Area Community Foundation; Cheryl Elliott, president and CEO, Ann Arbor Area Community Foundation; Judith Peters, development director, Ann Arbor Area Community Foundation Moderator: Chris Smith, program officer, Community Foundation for Southeast Michigan Matching Donors with Community Needs Berkey How do you best match current donors with community needs to maximize your foundation's grantmaking impact? Learn techniques to make this process easier and obtain communications tips and tools for program and development staff to use when talking to donors about opportunities. Speakers: Phil D'Anieri, program director, Ann Arbor Area Community Foundation; Richard Lord, treasurer, RNR Foundation; Jennifer Poteat, fund advisor, Jennifer R. Poteat Fund, Ann Arbor Area Community Foundation Moderator: Robert Jordan, philanthropic services officer, Fremont Area Community Foundation �12:30 to 2:00 p.m.- Luncheon Keynote: Our Blueprint for Michigan's Prosperity- Ambassador Ballroom 2:30 to 4:00 p.m. - Closing Keynote: Transformation Requires Creativity and Activism - Pantlind Ballroom America has become a connected nation of 363 metropolitan areas - defining a blueprint for America's prosperity. More than two-thirds of Michigan's 10 million residents live in five metro area counties. Join a conversation about the role philanthropy can play in the four vital ingredients necessary for prosperous metro areas and Michigan's transformation: innovation, human capital, infrastructure and quality places. Speakers: Angela Glover Blackwell, founder & CEO, Policylink; Bruce Katz, vice president, Metropolitan Policy Program, Brookings Moderator: Rip Rapson, president, The Kresge Foundation Underwritten by The Kresge Foundation and C.S. Matt Foundation The media reminds us that this is a time of great adversity for Michiganders. How can one individual or one foundation make a difference and be involved in Michigan's transformation? Join legendary activists and philanthropists in an inspirational conversation about creativity and activism and how both are vital to overcoming adversity and capitalizing on opportunities for transformation. Speakers: Judy Collins, singer, songwriter & philanthropist; Ruby Dee, actress & philanthropist Moderator:Thomas Beech, president & CEO, The Fetzer Institute Underwritten by The Fetzer Institute and the Dorothy A. Johnson Educational Fund 2:00 to 2:30 p.m. - Break Head to Resource Central to visit with exhibitors and partners, buy a few books at our Conference Bookshop or participate in an AmeriCorps service project Or, check your e-mail in the Cyber Cafe in the Ruby room. "WE CANNOT LIVE ONLY FOR OURSELVES. A THOUSAND FIBERS CONNECT US WITH OUR FELLOW MENj AND AMONG THOS.: 1 SY~ :fT~SET~g A<!!know le-J5e-me-nh ~IIDI,READS, OUR CMF extends its sincere thanks to all those who contributed to creating the 36th annual conference: the 33 members of the Conference Committee; our co-chairs Caroline Chambers, Rachel Mraz and Milt Rohwer; our generous sponsors and foundation supporters; and to each member of the CMF staff. ACTIONS RUN AS CAUSES, AND THEY COME BACK TO US AS EFFECTS. Herman Melville A special thank you also goes to the W.K. Kellogg Foundation for supporting the Take a Promising Future Leader to the CMF Annual Conference pilot program. steelcasefoundation.org 19 michiganfoundations.org �Caroline Chambers, co-chair, Comerica Charitable Foundation GRAND HAVEN OFRCE Rachel Mraz, co-chair, Eileen & Brian DeVries Family Foundation Robert S. Collier, president & CED Milt Rohwer, co-chair, Frey Foundation David R.lindberg, vice president finance & administration Tamara Bailey, Northern Trust Bank, FSB Vicki J. Rosenberg, vice president education, communications & external relations Arn Boezaart, Community Foundation for Muskegon County Andrea Cole, Ethel and James Flinn Foundation lisa Cripps, Frederick S. Upton Foundation lisa Cylar Miller, The Skillman Foundation Phil D'Anieri, Ann Arbor Area Community Foundation lois DeBacker, The Kresge Foundation Elizabeth Dole, Dole Family Foundation Heather Dombrowski, The Skillman Foundation Randall Eberts, WE. Upjohn Institute for Employment Research DeDe Esque, Nokomis Foundation lynne Ferrell, Frey Foundation Neal Hegarty, Charles Stewart Mott Foundation Wendy lewis Jackson, The Kresge Foundation Jennifer Bodrie, administrative assistant Susan J. Cuddington, executive assistant to the president Barbara A. Dryer, information services specialist & grants manager Jeri L Fischer, director, membership & special projects Kathleen N. Ginocchio, director, technology Michael Goorhouse, program associate, youth philanthropy Dana Unnane, public policy fellow laura l. Terhaar, accounts payable administrator Donnell S. Mersereau, director, community foundations Rebecca l. Noricks, communications manager Tammie S. TenBroeke, payroll-benefits administrator Mary Trimbach, data applications specialist Robert Jordan, Fremont Area Community Foundation Roberta King, Grand Rapids Community Foundation Salvatore Maiorana, JPMorgan Chase Foundation JeneferO'Dell, WK. Kellogg Foundation Shannon Polk, Charles Stewart Mott Foundation SOUTHEAST MICHIGAN OFFICE Terreance Coleman, program associate, community foundations Susan B. Howbert, director, family philanthropy Beverly Spriggs, program associate Dianne Price, WK. Kellogg Foundation Ellen Satterlee, Wege Foundation John Schneider, Clark Hill PLC CONSULTANT: Michael B. Gallagher, editorial consultant David Sebastian, The Sebastian Foundation Chris Smith, Community Foundation for Southeast Michigan CONFERENCE MATERIALS DESIGNED BY: Robin Smith Design Ann Irish Tabor, Grand Haven Area Community Foundation Jenee Velasquez, Herbert H. and Grace A. Dow Foundation GRAPHIC CREDITS: Ronna Alexander Randy Walainis, Metro Health Foundation lee Nelson Weber, Dyer-lves Foundation Diane Wynsma Hyland, U.S. Trust, Bank of America Jonse Young, Grand Rapids Community Foundation Innovation in support of philanthropy. www.legacygr.com 616.454.2852 mic higa nfoundations.org �OHi~fbrs { J)oar.d of Trus~fbfbS Diana R. Sieger, chairperson Grand Rapids Community Foundation Elizabeth A. Cherin, vice chair- Community Foundations Fremont Area Community Foundation Melanie B. Colaianne, MASCO Corporation Foundation vice chair- Corporate Foundations Betsy Upton Stover, vice chair- Private Foundations FrederickS. Upton Foundation Amanda VanDusen, secretary Miller, Canfield, Paddock and Stone, P.L.C. Phillip H. Peters, treasurer Charles Stewart Mott Foundation RobertS. Collier, president Council of Michigan Foundations Susan K. Broman, Steel case Foundation Caroline E. Chambers, Comerica Charitable Foundation John Colina, Colina Foundation Thomas B. Cook, Cook Family Foundation For sponsorship or exhibitor opportunities or to serve on the 37th Annual Conference Planning Committee, call616.842.7080 or e-mail conference@michiganfoundations.org. David 0. Egner, Hudson-Webber Foundation Rev. J. louis Felton, Kalamazoo Community Foundation Russelll. Gabier, Irving S. Gilmore Foundation Allan D. Gilmour, Community Foundation for Southeast Michigan Carol A. Goss, The Skillman Foundation Wesley H. Maurer, Jr., Mackinac Island Community Foundation 2009 VISIT TO WASHINGTON, D.C. Foundations on the Hill March 24 & 25,2009 Rated one of the best experiences CMF offers! Russell G. Mawby, CMF Advisory Cabinet Rachel Mraz, Eileen and Brian DeVries Family Foundation David K. Page, The Jewish Fund Carol Paine-McGovern, Paine Family Foundation Thomas S. Porter, Porter Family Foundation • Registration will begin in January. • A block of rooms has been reserved at the Helix Hotel (1430 Rhode Island Ave) • Contact Rob Collier or Sue Cuddington at 616.842.7080 with questions DavidS. Sebastian, The Sebastian Foundation Sterling K. Speirn, WK. Kellogg Foundation Margaret E. Thompson, Harry A. and Margaret D. Towsley Foundation Christian A. Velasquez, Midland Area Community Foundation Daniel J. Wyant, Edward Lowe Foundation mich iganfoundations.org �TakefAdYrottcge: ifT!teJe:Jvtember 13e:;ujitJl - ADVOCACY Rely on us ro: Work on your behalf with legislators in Lansing and Washingron, D.C. on rhe laws and regulations affecting your giving. • Inform and respond ro the media about the issues affecting Michigan foundations. SUPPORTING COLLABORATIVE RESPONSES TO CRITICAL STATE NEEDS Connect with colleagues and state leaders on issues like aging, rhe arcs, early childhood, rhe economy, K-16 education, land use, women & girls and workforce development. SAVINGS & DISCOUNTS EDUCATION & NETWORKING Develop your skills and network with other grantmakers in your local community, region or across the state - either in-person or through our convenient teleconferences and Webinars, including: • Statewide Annual Conference Family Foundations Retreat • Community Foundation CEO and Program Officer Retreats • Teleconferences and Webinars on investments, communications and more! NEWS & INFORMATION Get the latest Michigan philanthropy news and resources for your work through: • michiganfoundations.org Weekly News\¥1ire • Monthly E-News • Mmw to Memben newsletter three-times a year with Family Philamhropist insert for family foundations Insut'ttnce 10% premium credit on Directors' & Officers ' insurance through a partnership with rhe Council on Foundations Guides & Subscriptions • 20% off GranrCraft guides and resources • $15 off Stanjot·d Social Innovation Review yearly subscription Software • 10% off MicroEdge products • 4-12% offBromelkamp products Memberships • $50 off Communications Network membership Services & Technical Assistance • Complimentary job postings on michiganfoundarions.org 6.5 cents a minute conference calling without a reservation DISCOUNTS THROUGH PARTNERSHIP WITH THE SMALL BUSINESS ASSOCIATION OF MICHIGAN (SBAM) Insut'ttnce (life, health, dental, vision, COBRA administration, health reimbursement arrangements, health savings accounts, section 125 plans, flexible spending and dependent care reimbursement plans) • Human Resources (free hotline, employee handbooks, job assessment tools, background checks) • Legal (free fact-based answers from Clark Hill PLC) Opet'tttions (payroll services, merchant services, overnight shipping, identiry theft prorecrion) • Technology (web sire and e-mail hosting) RESOURCES & RESEARCH • Customized research from our librarian • Access ro legal and accounting expertise • Sample documents such as bylaws through our online knowledgebase • Sample policies like conflict of interest • lending library of rhe most current books and journals on giving and nonprofits CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. Mission: To strengthen, promote and increase philanthropy in Michigan. ONE SOUTH HARBOR AVE., SUITE 3, GRAND HAVEN, Ml 49417 P 616.842.7080 100 TALON CENTRE DRIVE, SUITE 150, DETROIT, Ml 48207 P 313.566.2444 michiganfoundations.org F 616.842.1760 F 313.566.2445 �Ho{el Map E le •ators A Kendall Grand View D =Accessable only from Rocro Exhibitors Building Elevu1ors or s tairs . These areas are not level with the 2nd and 3rd floors ofthe rest of the Hotel. Third Floor Exhibitors Building Enclos.ed Walkway to Convention Center Tala -tl n.:tot:S b }' L~or.. SttHt Er..>:t:mce . , U>O ;·--F~~~~~~· I•..__. . .r------...,.-'T"'"--Lv,_0-:-es"'!:n-:-:-:e---, fT ~ rt" lhe A. "!. : .S.h,,op,.s. "·-·· m i" L ?l~~~e - Shops Vandenberg Room B L:_ _j~ ~· Pearl Room Ambdssador Ballroom West Center Concourse East -·· T\·· -·;r· .. -.....;.__ Imperial Ballroom Pearl S~reer Second Floor Concourse Level Elevators Enclosed Walkwo Pearl Street Po k. y to Lyon Street Entrance lyon ! ~......,.-... ] GPSpom River LHoPsj THE Atrium Stair ··-.. ~ ' Tower l ,___" PLAZA • r tng Romp Loading Dock Entrance __,_ Soulh Concourse ~ Crown Foyer Elevators _ ,_ Soles and Calering Office l Slreet "'"c<D ~ The 19 13 Room Eleva~ors [')__:__ e j~ - The G rd l Monroe Avenue Lobby Entra nc e !"resident Gerald R. Ford Ballroom First Floor Lobby Level 2'"5 Imperial Ballroom Elevators mich iganfoundations.org � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-10-13_Conference-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50740 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/58b527ddf2c9a22bad2ed7d8940aade1.pdf d0e73ee930de101d8ce1f09e728d9ba0 PDF Text Text Diversity Philanthropy he Diversity in Philanthropy Project (DPP) celebrates a year of success in uniting leading philanthropic sector executives, CEOs, trustees, and research experts behind a shared commitment to leverage more ful ly diverse talents and perspectives in our profession and society. DPP builds on a long tradition of efforts by forward-looking inclusiveness advocates to improve our sector's relevance and impact. Our current efforts are intended to encourage more field-wide gains on these issues. DPP exists because we believe diversity can add value to independent sector organizational staffing, programming, grantmaking, contracting, operations, and planning. Last year the project began with an historic series of standing-room only sessions at the 2007 Council on Foundations Meeting in Seattle. Panelists and participants explored the full spectrum of diversity issues - from organizational effectiveness to asset management strategies. efforts to articulate principles and practices that can guide our future work, forge effective partnerships, and encourage new thinking and promising practices to realize our full potential in a rapidly changing world. • Hundreds of attendees shared realworld experiences and offered candid dialogue on the myriad of challenges and opportunities that diversity poses for our organizations and society. - These initial sessions demonstrated a clear. shared desire to continue the conversation and work collaboratively to faci litate change. Building on this promising start. our mandate has been to join with our peers in exploring new frameworks for research and action as well as sharing best practices on diversity and effectiveness. In this Council on Foundations Summit briefing, you'll learn more about our communities -. �Advisory Board Our Strategy and Progress Robert K. Ross, MD (Chair) President and CEO. The California Endowment The Diversity in Philanthropy Project is dedicated to shaping the future of philanthropy by strengthening the diversity of perspectives and voices within our field. Susan Batten Senior Associate. Annie E. Casey Foundation Renna 0. Brown President. New York Regional Association of Grantmakers Our strategy combines an exploration of common commitments. advocacy for pioneering research, and shared learning to enhance our work and impact. Jessica Chao Vice President. Rockefeller Philanthropy Advi sors Victor De luca Voluntary Initiatives Partnerships and Learning Circles A core element for long-term impact is the development of guiding principles and practices that philanthropic leaders can employ to advance diversity and effectiveness in their organizations. DPP has also helped to create important new partnerships and encouraged learning circles with other diversity and effectiveness stakeholder groups. President and CEO. The Jessie Smit h Noyes Foundation Louis Delgado Trustee. Needmor Fund Linetta Gilbert Senior Program Officer. The Ford Foundation Steve Gunderson President. Council on Foundations Sandra R. Hernandez, MD President and CEO. The San Francisco Foundation St ephen B. Heintz President & CEO. Rockef eller Brothers Fund Gara LaMarche President & CEO. The Atlantic Philanthropies Thomas C. Layton President and CEO. Wallace Alexander Gerbode Foundation Carol Lewis President and CEO. Philanthropy Northwest Valerie S. Lies President and CEO. Donors Forum of Chicago Jane Isaacs Lowe Senior Program Officer. Robert Wood Johnson Foundation Terry Mazany President and CEO. Chicago Community Trust Lawrence McGill Vice Prc~idcnt f or Rcsc:Jrch, Foundation Center Hugo Morales Trustee. Rosenberg Foundation John Morning Trustee. Charles Stewart Matt Foundation Based on broad field consultation. DPP has drafted statements of voluntary operating principles and practices to concretely help funders achieve more meaningful and measurable gains in diversity, while respecting their individual missions and interests. We look forward to further refining these documents with our advisors and partners. encouraging organizational adoption, launching a campaign to inspire commitment to meaningful inclusivity initiatives, and creating spaces for funders to undertake mutual support efforts. Research Mary Mount castle Trustee. Z. Smith Reynolds Foundation Gary D. Nelson, Ph.D. President and CEO. Healt hcare Georgia Foundation Peter H. Pennekamp Executive Director. Humboldt Area Foundation Joy Persall Executive Director. Native Americans in Philant hropy Lata N. Reddy Vice President and Secretary. Prudential Foundation Linda E. Reed Executive Director. Montana Community Foundation Miguel Satut Program Director. W.K. Kellogg Foundation Michael S. Seltzer Board Member. Forum of Regional Associations of Grantmakers Ruth Shack President and CEO. Dade Comm unity Foundation Unmi Song President and CEO. Lloyd A. Fry Foundation Arturo Vargas Trustee. Council on Foundations Luz Vega-Marquis President and CEO. Marguerite Casey Foundation Elsa Vega-Perez Trustee. The Saint Paul Foundation Cole Wilbur Trustee. David and Lucile Packard Foundation Richard Woo CEO. Russell Family Foundation In partnership with the Council on Foundations and Grantmakers for Effective Organizations. DPP recently assembled nearly a dozen leading philanthropy anchor organizations to explore collaborative opportunities to leverage diversity. Participating groups included the Forum of Regional Associations of Grantmakers. Change Action Partners (formerly Joint Affinity Group), the Race & Equity in Philanthropy Group, and the Center for Effective Philanthropy, among others. Allied efforts have sparked alliances with other important stakeholder groups including Philanthropy Northwest. Common Vision, and the Diversity-Focused Funders Project. DPP has convened a working group of leading independent sector researchers to develop a long-term research agenda and improvements in field data that inform more inclusive strategies and increase impact. Led by researchers from the Foundation Center, the Council on Foundations, ARNOVA, Independent Sector, and an impressive group of university· based scholars and field advocates. the Data and Research Working Group is convening leading practitioners to promote sector-wide collaboration and better tracking and reporting of foundation diversity performance. Finally, the Council of Michigan Foundations and DPP have formed a special partnership to strengthen the link between diversity and effectiveness in our field. Together we will develop new knowledge, tools, and supports for increasing diversity and inclusive practices among funde rs. We think this substantive regional program will have influence in encouraging comparable efforts in other key regions of t he national grantmaking field. Tools and Resources In September 2007, DPP launched an online resource to support field leadership education and exchange on diversity issues. At www.diversityinphilanthropy.org field leaders can access the latest news, events, and a comprehensive list of resources aimed at advancing dialogue and action. • �Common Principles and Promising Practices The following principles and practices originated from the philanthropic sector executives, CEOs, and trustees of the Diversity in Philanthropy Project. They express the unity of our intention while respecting that our approaches may vary. The principles and practices outlined here in draft form are not meant to be prescriptive; rather they represent a collective, voluntary effort to lift our field to a higher standard of operating practice. They can be employed in whole or in part to help philanthropic institutions more effectively achieve their missions. We share these ideas as a work-in-progress to stimulate discussion across our field. Our leadership group came together originally to focus on diversity of race, ethnicity, gender, sexual identity, disability, educational background, age, geographic location, and religious belief. However. we welcome all partners working on these and/or other dimensions of diversity. Our Principles Promising Practices We seek to encourage all foundation leaders to embrace the following principles intended to promote diversity as a matter of fairness and effectiveness in our profession. We seek to advance diversity by encouraging voluntary pract ices that include: Mutual Respect Within the parameters of our core values and charter requirements. we are committed to diversity, equity, and inclusion; and we fundamentally value and respect experiences that are different from our own. Freedom and Flexibility We promote a broad approach to diversity while respecting each individual foundation's commitment to address those aspects most germane to its mission. Knowledge and Creativity By increasing diversity, equity, and inclusion, we believe we will access more expansive and varied ideas. information, and perspectives, making us more creative, informed investors. Strategic Approach To achieve our aims. we believe it is necessary to be strategic and intentional in forma lizing and pursuing meaningful diversity goals as central aspects of our governance and programming. Transparency We believe we have a responsibility to society and our sect or to achieve our goals with honesty and transparency, regularly reporting progress and lessons learned along the way. Internal Diversity Assessments Conducting periodic assessments of board and staff appointments. grantmaking, and contracting to help institutional leaders identify priorities, recognize strategic opportunities, and enhance their diversity performance. Diversity Plans Developing and implementing diversity plans to help leaders design specific and concrete steps to expand representation and engagement from diverse communities in their mission and work. Field Development and Coordination Supporting more integrated and coordinated planning, investment, and action to expand the field 's overall capacity for change. Peer Support Building peer networks, both forma l and informal, to help individuals, their institutions, and the larger field achieve greater diversity. Periodic Progress Reporting Tracking progress, communicating accomplishments, and sharing lessons learned to establish field-wide performance benchmarks and enhanced transparency and public accountability. Public Leadership Exercising visible leadership by encouraging others to join, publicly promoting the benefits of diversity, and identifying new strategies that lead to greater effectiveness. • ~~~n~dG~~~e;rch Alan J. Abramson The Aspen Institute Elizabeth T. Boris Urban Institute Renee B. Branch Council on Foundations Mary Ellen Capek Capek & Associates Michael Cortes Independent Researcher/Consultant Aaron Dorfman National Committee for Responsive Philanthropy Barry Gaberman Worldwide Initiat ives for Grantmaker Support (WINGS) Lisa R. Jackson Center for Effective Philanthropy Nadine T. Jalandoni Independent Sector Thomas G. Jeavons ARNOVA Judith Kroll Council on Foundations Steven Lawrence The Foundation Center Kien S. Lee, Ph.D. Association for the Study and Development of Community Lawrence T. McGill The Foundation Center Ricardo A. Millett Independent Consultant/Researcher Scott Nielsen Alexander Nielson Consulting Michael Omi University of California Joel J. Orosz Grand Valley State University Kenneth Prewitt Columbia Universit y School of International & Public Affairs Henry A. J. Ramos Mauer Kunst Consulting "Diversity, as we embrace it. is not about promoting quotas or varying standards of excellence. Rather. it is about optimally tapping, growing. and aligning the still-to-be-utilized assets we have available to us within our institutions and society to improve the human condition in the United States and elsewhere across the planet." - Cole Wilbur, Trustee, David and Lucile Packard Foundation �Take Action Join Us The Diversity in Philanthropy Project envisions a future in which the diversity of our fie ld and the larger society is an essential consideration in funders· day-to-day strategic decisions and actions. We believe our sector is ready to take important next steps to embrace diverse cultures and advance our quest to be more effective grantmakers. We invite you to join our community of practice and work with us to achieve the full depth and breadth of the many possibilities before us. Our combined efforts will lead to: • Organizational Effectiveness. Research shows that diverse teams create more effective solutions to complex problems. Evidence from philanthropy and other sectors suggests that diversity can improve employee relations, productivity, and customer satisfaction. • External Impact. Globalization is redefining the landscape that shapes our work. When foundations harness diversity, we draw more deeply on the plurality of human experiences and backgrounds, and better equip ourselves to tackle both our nation's and the world's increasingly challenging issues. • Public Responsibility. Societal and political expectations are rising. Maintaining the nation's confidence in our sector requires leadership, accountability, and transparency. We have a public responsibility to demonstrate broader sector-wide commitment to these issues. Inform • Find out more about the independent sector's past and current diversity initiatives, and its thought leadership on inclusivity and effectiveness • Learn more about diversity initiat ives in other sectors • Sign-up for our e-newsletters to stay informed Involve • Attend conferences, workshops, and diversity discussions • Join a learning circle • Participate in sect or-wide diversity surveys Inspire • Share what you learn with your networks • Post your comments and case studies on our website • Find out how your foundation can partner with DPP To learn more about the Diversity in Philanthropy Project and what you can do to get involved, visit www.diversityinphilanthropy.org. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-10-13_Diversity-in-Philanthropy Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book diversity in philanthropy Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-10-13 board book diversity in philanthropy. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50741 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/5ce84da29ef3c1db4a6e5c00cb4ca2ac.pdf bfb0f2c119162f4aa54c503bdfdf7b0a PDF Text Text National Analysis of Federal Excise Tax on Capital Gains Prepared For: Council of Michigan Foundations September 12, 2008 �National Analysis ofFederal Excise Tax on Capital Gains Prepared For: Council of Michigan Foundations September 12, 2008 Bruce Myers Paige R oberts Copyright© 2008 by Cambridge Associates LLC. All rights reserved. This report may not be displayed, reproduced, distributed, transmitted, or used to create derivative works in any form, in whole or in portion, by any means, without written permission from Cambridge Associates LLC ('CA' ). Copying of this publication is a violation of federal copyright laws (17 U.S.C. 101 et seq.). Violators of this copyright may be subject to liability for substantial monetary damages. The information and material published in this report are confidential and non· transferable. This means that authorized members may not disclose any information or material derived from this report to third parties, or use information or material from this report, without prior written authorization. An authorized member may disclose information or material from this report to its staff. trustees, or Investment Committee with the understanding that these individuals will treat it confidentially. 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CA can neither assure nor accept responsibility for accuracy, but substantial legal liability may apply to misrepresentations of results delivered through the mail. The CA manager universe statistics, including medians, are derived from CA's proprietary database covering investment managers. These universe statistics and rankings exclude managers that exclude cash from their reported total returns, and for calculations including any years from 1998 to the present, those managers with less than $50 million in product assets. Returns for inactive (discontinued) managers are included if performance is available for the entire period measured. Performance results are generally gross of investment management fees. CA does not necessarily endorse or recommend the managers in this universe. Cambridge Associates, LLC is a Massachusetts limited liability company with offices in Arlington, VA; Boston, MA; Dallas, TX; and Menlo Park, CA. Cambridge Associates Limited is registered as a limited company in England and Wales No. 06135829 and is authorised and regulated by the Financial Services Authority in the conduct of Investment Business. Cambridge Associates Limited, LLC is a Massachusetts limited liability company with a branch office in Sydney, Australia (ARBN 109 366 654). Cambridge Associates Asia Pte Ltd is a Singapore corporation (Registration No. 2001 01063G). �ANALYSIS OF FEDERAL EXCISE TAX ON CAPITAL GAINS Prepared For: COUNCIL OF MICHIGAN FOUNDATIONS Conclusion Currently, most private foundations pay a tax on net investment income, which is commonly referred to as an excise tax. The tax is 2% of net investment income unless certain factors permit a reduction to I%. We have been asked to calculate the unified or "flat tax" rate that would be revenue neutral to the Treasury. Based on an analysis of the most recent five year period for which substantive date is available (2000 2004), we have concluded that the revenue neutral percentage is 1.32%. Methodology The following exhibits summarize in graphical or tabular form information taken from the online postings of the Internal Revenue Service's Statistics of Income Division ("SOl"). SOl publishes (with a multi-year lag) inforn1ation taken from the Form 990 returns on all foundations. We have, in turn, used this infonnation to make a series of basic calculations as they pertain to the excise tax. Analysis Derived from IRS Statistical Sample of Return Data The infonnation presented here is based on the fi ve years ending with fiscal year 2004, which is the last year currently available to the public in online form. We should note that while ilie SOl data attempts to represent the aggregate effects of the excise tax (and other 990 line items), it is not derived from simply adding the numbers found on more than 50,000 returns. Rather, the SOl has stratified the foundation universe by size and, using generally accepted statistical methodology, has derived data for the universe based on the sample. We have, in turn, taken the SOl's results as presented and done additional analysis based on their statistical samples. Non-Operating Foundations are the Primary Source of Excise Tax Revenue Additionally, we based our analysis on the non-operating segment of the SOl private foundations data files. A small number of private operating foundations are considered exempt organizations under the Internal Revenue Code and are not subject to the tax on net investment income. Since the operating foundation segment of ilie IRS data includes both exempt and non-exempt operating foundations, any analysis of aggregate excise tax receipts that includes operating foundations would skew the results. Non-operating foundations (the data for which is the subject of this study) represent approximately 90% of all foundations numerically, and an even greater percentage of excise tax receipts. ©Cambridge Associates LLC �2 ANALYSIS OF FEDERAL EXCISE TAX ON CAPITAL GAINS Prepared For: COUNCIL OF MICHIGAN FOUNDATIONS (continued) For the sake of completeness, we have shown the data for operating and non-operating foundations in Exhibits 6 through 10. In addition to segmenting the Form 990 data into operating and non-operating foundations, SOl also segments out grant making and Nongrant making categories, although the grant making function has no impact on the excise tax calculation. Nonetheless, data from these segments can be found in Exhibits 6 through 10 as well. ©Cambridge Associates LLC �3 EXHIBIT 1 This chart calculates a "revenue neutral" excise tax rate for tax years 2000 through 2004, as well as a five-year average, for all non-operating foundations. While the amount of revenue generated from the excise tax was highly variable over these five years (see exhibit 2), the effective rate of the tax was far less so. • The effective tax rates for years 2000, 2002, and 2003 were at or near the five year average rate of 1.32%. The rate was significantly lower in 2001 and correspondingly higher in 2004. In both years, the behavior of the largest tier of foundations influenced the average for all foundations. • While there are differences from year to year, in general the excise tax is somewhat recessive, with smaller foundations more frequently paying higher effective rates than larger foundations, and the largest foundations typically paying the lowest effective rate. The numbers here were derived by dividing the aggregate tax paid by the amount of aggregate net investment income. ©Cambridge Associates LLC �4 EXH IBIT I COUNCIL OF M I CHI GAN FOUNDATI ONS N O NOPERATING FOUNDATI ONS Excise Tax Paid (As 'Yo of Net Investme nt Income) Total Nonoperating By Size: 2000 1.32% 2001 1.2 1% 2002 1.35% 2003 1.32% 2004 1.41 % Zero or unreported $ 1 to $99,999 $ 100,000 to $999,999 $ 1,000,000 to 9,999,999 $ 10,000,000 to 24,999,999 $25,000,000 to 49,999,999 $50,000,000 to 99,999,999 $ 100,000,000 or more 0.00% 1.52% 1.51% 1.44% 1.41% 1.39% 1.36% 1.26% 0.00% 1.52% 1.42% 1.34% 1.35% 1.32% 1.28% 1.12% 1.00% 1.25% 1.69% 1.44% 1.34% 1.3 1% 1.28% 1.31 % 1.00% 1.53% 1.51 % 1.44% 1.47% 1.40% 1.31 % 1.25% 1.64% 1.13% 1.53% 1.50% 1.51 % 1.43% 1.46% 1.37% 1.80% 1.70% 1.60% 1.50% 1.40% 1.30% 1.20% 1.10% 1.00% Five Year Ave rage 1.32% 1.2 1% 1.39% 1.53% 1.43% 1.42% 1.37% 1.34% 1.26% ~-----------~~---------------------------· -2000 -1---\-----,~~~~~-~=~----------' - 2001 ~---~ct~tSfS~~~~~~::~~~~~~~~ - 2002 --J-----YJPIT-t-t-----------=""""-~~~::=-------i ~-~-+~rf--------------------------~~---, ~---~~----------------------------------- 2003 - 2004 - Five Year Average +-_L--~---,----,-----,----,----,-----,----, ©Cambridge Associates LLC �5 EXHIBIT 2 This chart summarizes the revenue generated by the excise tax from non-operating foundations in the five years under analysis as well as the average amount of revenue for the 5-year period. The SOl breaks down the data based on the size stratifications shown. • Revenue generated by the excise tax is highly variable over time, notwithstanding the fact that the effective rate was relatively stable over the same period (as shown in Exhibit 1.) • Level of revenue generated tends to follow the economic and business cycle, with a peak in revenue in 2000 followed by a sharp decline, and then a gradual rebuilding with the return of more favorable market conditions in 2003 and 2004. • A comparison of Exhibits 1 and 2 would indicate that the absolute level of revenue generated by the excise tax is more sensitive to the market cycle than it is to the effective rate of the excise tax. Indeed, in year 2002 the absolute level of revenue declined even though the effective rate of the excise tax increased. (Compare total non-operating foundation results for 2001 and 2002 on Exhibits 1 and 2.) ©Cambridge Associates LLC �6 EXHIBIT 2 C OUNCIL O F M IC HIGAN FOUNDATIONS NONOPE RATING FOUN DATIO NS Revenue Generated from Excise Tax (In Thousands) Total Nonoperating By Size: 2000 601,196 2001 297,100 2002 224,698 2003 316,484 2004 456,435 Five Yea r Average 379,183 Zero or Unreported $1 to $99,999 $100,000 to $999,999 $1 ,000,000 to 9,999,999 $10,000,000 to 24,999,999 $25,000,000 to 49,999,999 $50,000,000 to 99,999,999 $100,000,000 or More 2 639 13,438 82,213 51 ,810 55,733 51 ,541 345,821 17 1 11,522 47,988 28,729 26,243 24,358 158,089 33 459 12,641 33,787 22,727 18,057 18,754 118,24 1 161 1,018 7,810 41,937 32,597 26,652 26,441 179,868 3 875 9,407 52,350 42,392 39,865 4 1,812 269,731 50 632 10,964 51 ,655 35,65 1 33,310 32,58 1 2 14,350 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% • $100,000,000 or More • $50,000,000 to 99,999,999 • $25,000,000 to 49,999,999 • $1 0,000,000 to 24,999,999 • $1,000,000 to 9,999,999 D $100,000 to $999,999 2000 2001 2002 2003 2004 Five Year Average • $1 to $99,999 D Zero or U nreported ©Cambridge Associates LLC �7 EXHIBIT 3 • Foundations with assets of $100 million or more consistently represent 50 to 60% of all revenue from the excise tax. • Foundations with assets under $10 million represent a significant portion of aggregate receipts due to the large number of foundations in that size category (Exhibit 4) and the generally higher effective tax rate (Exhibit I). ©Cambridge Associates LLC �8 EXHIBIT 3 COUNCIL OF MICHIGAN FOUNDATIONS NONOPERATING FOUNDATI ONS Distribution of Revenue Gener ated from Excise Tax 2000 2001 2002 2003 2004 Total Nonoperating By Size: 100.0% 100.0% 100.0% 100.0% 100.0% Five Year Average 100.0% Zero or unreported $ 1 to $99,999 $ 100,000 to $999,999 $ 1,000,000 to 9,999,999 $ 10,000,000 to 24,999,999 $25,000,000 to 49,999,999 $50,000,000 to 99,999,999 $ 100,000,000 or more 0.0% 0.1 % 2 .2% 13.7% 8.6% 9 .3% 8.6% 57.5% 0.0% 0.1% 3.9% 16.2% 9.7% 8.8% 8.2% 53.2% 0.0% 0.2% 5.6% 15.0% 10.1 % 8.0% 8.3% 52.6% 0.1 % 0.3% 2 .5% 13.3% 10.3% 8 .4% 8 .4% 56.8% 0.0% 0.2% 2.1% 11.5% 9.3% 8.7% 9.2% 59.1 % 0.0% 0.2% 3.3% 13.9% 9.6% 8.7% 8.5% 55.9% YEAR 2001 YEAR2000 0.0% 53.2% 8.2% YEAR 2003 YEAR 2002 10.1 % 52.6% 56.8% .4% 8.3% FIVE YEAR AVERAG E YEAR 2004 55.9% [] Zero or unreported • s1 to $99,999 C $ 100,000 to $999,999 • $1,000,000 to 9,999,999 • $ 10,000,000 to 24,999,999 • $25,000,000 to 49,999,999 • sso,ooo,ooo to 99,999,999 • $100,000,000 or more 7% ©Cambridge Associates LLC �9 EXHIBIT 4 This exhibit shows the number of non-operating foundations that paid the excise tax in the year indicated. This is usually a number slightly less than that shown by SOl for all non-operating foundations filing a Fonn 990, indicating that there are a small number of foundations each year which do not generate net investment income taxable under the excise tax rules. • It is instructive to compare the number of returns filed by foundations with assets of less than $10 million (typically more than 90% of all returns filed) with the modest amount of revenue (Exhibit 2) derived from this same group. • This raises the question of whether the resources allocated by both the foundation community in preparing these filings and paying the tax, and by the Service in processing these returns, could be employed to other (more productive) efforts. ©Cambridge Associates LLC �10 EXH IBIT 4 C O UNC IL OF M ICHIG AN FOUN DATIONS NONOPERATING FOU NDATIONS Num be r of Ret ur ns Filed Total Nonoperating By Size: 2000 52,34 1 2001 51 ,414 2002 52,440 2003 53,602 2004 57,8 15 Five Year Average 53,522 Zero or unreported $ 1 to $99,999 $ 100,000 to $999,999 $ 1,000,000 to 9,999,999 $ 10,000,000 to 24,999,999 $25,000,000 to 49,999,999 $50,000,000 to 99,999,999 $ 100,000,000 or more 299 8,971 22,763 16,083 2,292 965 472 496 10,253 20,960 16, 135 2,218 932 457 459 427 10,291 22,399 15,453 2, 137 854 445 434 497 8,456 23, 135 17,075 2,420 1,008 5 12 498 596 9,830 24,255 18,251 2,652 1, 111 569 552 364 9,560 22,702 16,599 2,344 974 491 488 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% • $ 100,000,000 or more • $50,000,000 to 99,999,999 • $25,000,000 to 49,999,999 • $ 10,000,000 to 24,999,999 • $1,000,000 to 9,999,999 D $ 100,000 to $999,999 • $ 1 to $99,999 D Zero or unreported 2000 200 1 2002 2003 2004 Five Year Average ©Cambridge Associates LLC �II EXHIBITS 5-10 Exhibit 5 presents the methodology used by SOl in segmenting the data on private foundations. As noted earlier, private non-operating foundations are the largest segment, and are free of the distortions caused by the potential inclusion of operating foundations that are exempt from the excise tax. For that reason we have based this analysis on the data for non-operating foundations. In Exhibits 6 through 10 we show a fuller range of the underlying data d isclosed by SOl and use this data to calculate the lost revenue per year (and by size tranche) if the excise tax were simplified to a flat 1%. Additionally, we would like to point out that: • The current two-tiered (1 %/2%) structure encourages foundations subject to the excise tax to periodically reduce programming, limit realization of gains where possible, and reset the starting point for qualification for the lower I% rate. • When the need for a "reset year" coincides with the need for emergency programming, the desire to respond to community needs is placed in conflict with the desire to maintain a prudent level of payout. • A simplified rate would preserve existing levels of revenue while eliminating the incentive to restrict programming in order to qualify for favorable tax treatment. • A simplified rate would also eliminate the recessive nature of the current structure which results in smaller foundations typically paying a higher effective rate of excise tax. ©Cambridge Associates LLC �12 EXHIBIT 5 PRIVATE FOUNDATION UNIVERSE AS SEGMENTED BY THE STATISTICS OF INCOME DIVISION OF THE INTERNAL REVENUE SERVICE Tax Year 2003 Numbers slww11 above box es are as f ollows: *The first number is the number of returns filed for that segment in Tax Year 2003 *The second number is the mean excise tax percentage paid by the segment in Tax Year 2003 60,560 I 1.30% Private Foundation Universe 56,577 1 1.32% 3,983 I 0.97% Non-Operating Foundations Operating Foundations ~JI31% 1\'on-Operatmg Non-Grantmakmg Foundations Non-Operating Grantmaking Foundations Operating Gran tmaking Foundations Operatmg Non-Grantmaking Foundations ~5,661 1 1~ A ll G rantmaking Foundations I I Data used for A nalysis in this Study Segment Data Not Disclosed by IRS ©Cambridge Associates LLC �13 EXH IBIT 6 COUNCIL OF MICHIGAN FOUNDATIONS EXC ISE T AX ANALYSIS YEAR 2000 Net Investment Income Excise Tax Percent Return(#) Amount($) Return (#) Amount($) Amount(%) All Foundations Total ......................................................... 57,699 48,830,268 55,733 625,047 1.28 *299 *22 *299 *[2] Zero or unreported .............................. $1 under $1 00,000... .. ...................... 10,47 1 43,396 9,275 664 1.53 24,849 24,4 14 14,081 1.52 $100,000 under $1 ,000,000 ... 925,769 $1 ,000,000 under $ 10,000,000 .................... 17,220 5,998,782 16,997 85,960 1.43 2,733 56,868 1.37 $10,000,000 under $25,000,000 2,788 4, 135,985 1,022 4, 142,780 1,001 $25,000,000 under $50,000,000 .. 57,156 1.38 $50,000,000 under $100,000,000 503 3,918,702 488 1.34 52,399 547 29,664,831 525 357,919 1.21 $100,000,000 or more.............. ................... Nonoperating Foundations 45,653,535 52,341 601,196 Total.. ....................................................... 54,019 1.32 Zero or unreported ... *299 *22 *299 *[2] $1 under $1 00,000 ............................. 10, 167 42, 17 1 8,971 639 1.52 23, 198 890,614 22,763 13,438 1.51 $100,000 under $1,000,000 1.44 $1,000,000 under $ 10,000,000 .................... 16, 117 5,706,424 16,083 82,213 3,684,767 51,810 1.41 $10,000,000 under $25,000,000 2,30 1 2,292 $25,000,000 under $50,000,000 966 4,017,040 965 55,733 1.39 473 3,795,868 472 51 ,541 1.36 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ......... 27,5 16,629 496 498 345,821 1.26 Opcr:lting Foundations 3,391 23,851 0.75 3,680 3, 176,732 Total.. ....................................................... Zero or unreported ............................... $1 under $1 00,000... ........................... *304 * 1,225 *304 *25 $1 00,000 under $1 ,000,000 .................... 1,65 1 35,155 1,65 1 643 1.83 $1 ,000,000 under $ 10,000,000 .................... 1, 103 292,358 914 3,747 1.28 $1 0,000,000 under $25,000,000 .................. 487 451,218 441 5,058 1.12 $25,000,000 unde1 $50,000,000 .................. 56 125,740 36 1,422 1.13 30 122,834 16 0.70 $50,000,000 under $1 00,000,000 ... 857 2, 148,202 12,098 0.56 $100,000,000 or more...................... 49 29 G rant making Foundations 47,206,505 Total.. ....................................................... 5 1,420 50,239 603,813 1.28 *299 *[2] Zero or unreported ... *299 *22 $1 under $1 00,000....... .................. 8,97 1 35, 164 8,074 1.42 499 880,710 21 ,602 13,373 1.52 $100,000 under $1,000,000 2 1,782 $1,000,000 under $ 10,000,000 . ................... 16,046 5,482,737 1.41 15,993 77,279 2,3 17 52,511 $10,000,000 under $25,000,000 ... 2,340 1.39 3,784,998 962 55,514 $25,000,000 under $50,000,000 97 1 4,027,815 1.38 482 3,754,750 475 50,060 1.33 $50,000,000 under S I 00,000,000 517 354,576 $1 00,000,000 or more....... 29,240,309 1.21 529 G rant making-Nonopcratiog Foundation Total... ...................................................... 49,282 45,034,341 48, 176 589,525 1.31 *299 *22 *299 *[2] Zero or unreported .............................. $1 under $1 00,000... 8,97 1 1.42 .. ...................... 499 8,074 35,164 20,341 848,262 20,1 6 1 12,785 1.51 $100,000 under $1 ,000,000 ... $1 ,000,000 under $ 10,000,000 .................... 15,501 5,360,801 15,482 75,595 1.41 50,314 1.40 $10,000,000 under $25,000,000 2,264 3,606,395 2,256 943 943 $25,000,000 under $50,000,000 .. 3,979,790 55,051 1.38 466 49,680 1.34 $50,000,000 under $100,000,000 467 3,702,791 496 27,501, 116 495 345,601 1.26 $100,000,000 or more.............. ................... G r antmaking-Opernting Foundations 14,288 0.66 Total.. ....................................................... 2,137 2, 172, 163 2,063 Zero or unreported ... $1 under $1 00,000 ........................ $100,000 under $1,000,000 1,44 1 32,448 1,441 589 1.82 $1 ,000,000 under $ 10,000,000 .................... 544 121,936 51 1 1,684 1.38 76 178,602 61 2, 197 1.23 $10,000,000 under $25,000,000 463 $25,000,000 under $50,000,000 28 48,025 0.96 19 $50,000,000 under $100,000,000 51,959 9 380 0.73 15 $1 00,000,000 or more ......... 1,739, 193 33 22 8,976 0.52 • Estimate should be used with caution because of the small number of sample returns on which it is based. New Excise Tax at 1% Amount($) E xcise Tnx Differ ence Amount (S) 488,303 136,744 434 9,258 59,988 4 1,360 4 1,428 39, 187 296,648 230 4,823 25,972 15,508 15,728 13,212 61 ,271 456,535 144,661 422 8,906 57,064 36,848 40, 170 37,959 275, 166 2 17 4,532 25, 149 14,962 15,563 13,582 70,655 3 1,767 -7,916 352 2,924 4,5 12 1,257 1,228 2 1,482 291 823 546 165 -37 1 -9,384 472,065 13 1,748 352 8,807 54,827 37,850 40,278 37,548 292,403 147 4,566 22,452 14,661 15,236 12,513 62,173 450,343 139,182 352 8,483 53,608 36,064 39,798 37,028 275,0 11 147 4,302 2 1,987 14,250 15,253 12,652 70,590 21 ,722 -7,434 324 1,219 1,786 480 520 17,392 265 465 4 11 -1 7 -1 40 -8,4 16 © Cambridge Associates LLC �14 EXH IBIT 7 COUNCIL OF MICHIGAN FOUNDATIONS EXC ISE T AX ANALYSIS YEAR 2001 Net Investment Income Excise Tax Percent Amount($) Return (#) Amount($) Amount(%) Return(#) All Foundations Total ......................................................... 57,536 25,719,096 55,584 305,294 1.19 Zero or unreported .............................. $1 under $1 00,000... 12,8 17 13, 124 11 , 108 ........................ 1.55 204 22,825 834,151 22,825 11,885 1.42 $100,000 under $1 ,000,000 ... $1 ,000,000 under $ 10,000,000 .................... 17,495 3,786,196 17,365 50,428 1.33 30,039 1.34 $10,000,000 under $25,000,000 2,400 2,243,971 2,348 $25,000,000 under $50,000,000 .. 1,000 2,066,457 1.31 978 27,069 496 2,023,353 479 25,163 1.24 $50,000,000 under $100,000,000 $100,000,000 or more .............. ................... 504 14,751,845 482 160,506 1.09 Nonoperating Foundations 24,482,873 51,4 14 297,100 1.21 Total.. ....................................................... 52,722 Zero or unreported ... $1 under $1 00,000 ............................. 11 ,535 11 ,232 10,253 17 1 1.52 $100,000 under $1,000,000 20,960 813,782 20,960 11 ,522 1.42 $1,000,000 under $ 10,000,000 .................... 16, 147 16,1 35 1.34 3,582,729 47,988 $10,000,000 under $25,000,000 2,224 2, 125,976 2,2 18 28,729 1.35 26,243 1.32 $25,000,000 under $50,000,000 1,991 ,290 935 932 460 1,901 ,762 457 24,358 1.28 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ......... 462 14,056, 103 459 158,089 1.12 Opcr:lting Foundations 8,194 0.66 4,8 13 1,236,223 4, 170 Total.. ....................................................... Zero or unreported ............................... $1 under $1 00,000... ........................... *1,282 * 1,892 *854 *33 1,865 20,368 1,865 363 1.78 $100,000 under $1,000,000 $1 ,000,000 under $ 10,000,000 .................... 1,348 203,467 1,230 2,440 1.20 $1 0,000,000 under $25,000,000 .................. 176 117,995 130 1,3 10 1.11 $25,000,000 unde1 $50,000,000 .................. 65 75,167 46 826 1.10 0.66 $50,000,000 under $ 100,000,000 ... 36 121,591 22 805 $100,000,000 or more ...................... 42 695,742 23 2,4 17 0.35 G rant making Foundations 25, 120,794 49,379 Total.. ....................................................... 49,885 297,966 1.19 Zero or unreported ... $1 under $1 00,000....... .................. 8,972 9,776 8,544 153 1.57 20,8 14 81 7,954 20,8 14 11 ,561 1.41 $100,000 under $1,000,000 46,019 $1,000,000 under $ 10,000,000. ................... 15,9 13 3,499,390 15,889 1.32 2,246 29,213 1.34 2,268 2, 174,626 $10,000,000 under $25,000,000 ... 25,964 1.30 $25,000,000 under $50,000,000 956 1,990, 150 945 476 1,968, 146 466 24,833 1.26 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ....... 14,660,752 475 160,224 487 1.09 G rant making-Nonopcratiog Foundation Total... ...................................................... 47,462 24,2 14,597 47,02.4 292, 107 1.21 Zero or unreported .............................. $1 under $1 00,000... 8,544 8,1 17 153 ........................ 9,748 1.57 $100,000 under $1 ,000,000 ... 19,561 804,840 19,561 11,343 1.41 $1 ,000,000 under $ 10,000,000 .................... 15,330 3,397,660 15,330 44,396 1.31 28,419 1.35 2, 193 2, 109,136 2,1 88 $10,000,000 under $25,000,000 $25,000,000 under $50,000,000 .. 1,951 ,887 919 1.31 920 25,507 $50,000,000 under $100,000,000 455 1,893,820 452 24,235 1.28 459 14,047,507 457 158,054 1.13 $100,000,000 or more .............. ................... G r antmaking-Opernting Foundations 0.65 Total.. ....................................................... 2,423 906,196 5,859 2,356 Zero or unreported ... $1 under $1 00,000 ........................ 427 28 427 *[2] $100,000 under $1,000,000 1,253 13,114 1,253 2 18 1.66 101,730 1,623 1.60 $1 ,000,000 under $ 10,000,000 .................... 583 560 75 65,49 1 794 1.21 $10,000,000 under $25,000,000 58 $25,000,000 under $50,000,000 36 38,263 26 457 1.19 $50,000,000 under $100,000,000 21 74,326 14 597 0.80 $1 00,000,000 or more ......... 613,245 28 2,170 0.35 18 • Estimate should be used with caution because of the small number of sample returns on which it is based. New Excise Tax at 1% Amount($) E xcise Tnx Differ ence Amount (S) 257,191 48,103 131 8,342 37,862 22,440 20,665 20,234 147,5 18 73 3,543 12,566 7,599 6,404 4,929 12,988 244,829 52,271 112 8, 138 35,827 2 1,260 19,9 13 19,0 18 140,561 59 3,384 12, 161 7,469 6,330 5,340 17,528 12,362 -4,168 204 2,035 1, 180 752 1,2 16 6,957 159 405 130 74 -4 11 -4,540 251 ,208 46,758 98 8, 180 34,994 2 1,746 19,902 19,68 1 146,608 55 3,381 11 ,025 7,467 6,063 5,152 13,6 16 242,146 49,961 97 8,048 33,977 2 1,091 19,5 19 18,938 140,475 56 3,295 10,4 19 7,328 5,988 5,297 17,579 9,062 -3,203 131 1,0 17 655 383 743 6, 132 87 606 139 74 -1 46 -3,962 © Cam bridge Associates LLC �15 EXH IBIT 8 COUNCIL OF MICHIGAN FOUNDATIONS EXC ISE T AX ANALYSIS YEAR 2002 Net Investment Income Excise Tax Percent Return (#) Amount($) Amount(%) Return (#) Amount($) All Foundations Total ......................................................... 58,632 17,647,6 18 55,839 233,674 1.32 *427 *3,277 *427 *33 Zero or unreported .............................. $1 under $1 00,000... 10,717 .. ...................... 13,277 489 1.27 38,586 $100,000 under $1 ,000,000 ... 24,22 1 767,435 24,22 1 12,981 1.69 $1 ,000,000 under $ 10,000,000 .................... 16,501 2,488,704 16,380 35,4 10 1.42 23,528 1.33 2,329 1,770,079 2,271 $10,000,000 under $25,000,000 $25,000,000 under $50,000,000 .. 1,446,230 894 18,721 1.29 912 $50,000,000 under $100,000,000 485 1,563,269 472 19,764 1.26 $100,000,000 or more .............. ................... 481 9,570,038 457 122,749 1.28 Nonoperating Foundations 52,440 224,698 Total.. ....................................................... 54,547 16,666,035 1.35 *3,277 *427 *33 *427 Zero or unreported ... $1 under $1 00,000 ............................. 12,424 36,742 10,291 459 1.25 22,399 749,301 22,399 12,641 1.69 $100,000 under $1,000,000 $1,000,000 under $ 10,000,000 .................... 15,4 12 2,342,221 15,453 33,787 1.44 2, 145 1,690,873 2, 137 22,727 1.34 $10,000,000 under $25,000,000 $25,000,000 under $50,000,000 857 1,377,879 854 18,057 1.31 445 1,462,812 445 18,754 1.28 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ......... 434 118,24 1 1.31 9,002,929 438 Opcr:lting Foundations 981,583 3,399 8,976 0.91 4,085 Total.. ....................................................... Zero or unreported ............................... $1 under $1 00,000... ........................... *853 * 1,843 *427 *3 1 $1 00,000 under $1 ,000,000 .................... 1,82 1 18,134 1,82 1 340 1.88 $1 ,000,000 under $ 10,000,000 .................... 1,088 146,482 927 1,623 1.11 $1 0,000,000 under $25,000,000 .................. 184 79,206 134 801 1.01 $25,000,000 unde1 $50,000,000 .................. 55 68,35 1 40 664 0.97 40 100,458 27 1,010 1.00 $50,000,000 under $ 100,000,000 ... 43 567, 109 23 4,508 0.79 $100,000,000 or more ...................... G rant making Foundations Total.. ....................................................... 52,481 50,763 230,727 1.33 17,358,906 Zero or unreported ... $1 under $1 00,000....... .................. 10,291 35,694 8,585 438 1.23 12,892 1.69 $100,000 under $1,000,000 22,526 763,000 22,526 $1,000,000 under $ 10,000,000 . ................... 15,673 2,418,562 15,714 34,477 1.43 1.34 1,7 13,911 2, 164 2, 188 $10,000,000 under $25,000,000 ... 22,883 867 18,474 1.30 $25,000,000 under $50,000,000 876 1,422,887 463 1,519,380 456 19,206 1.26 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ....... 464 9,485,471 452 122,357 1.29 G rant making-Nonopcratiog Foundation Total... ...................................................... 49,914 16,586,255 48,238 223,342 1.35 Zero or unreported .............................. $1 under $1 00,000... 10,291 35,694 8,585 438 1.23 ························ 20,828 745,529 20,828 12,565 1.69 $100,000 under $1 ,000,000 ... $1 ,000,000 under $ 10,000,000 .................... 14,968 2,308,745 15,009 33, 167 1.44 2, 102 22,436 1.34 2, 107 1,673,799 $10,000,000 under $25,000,000 $25,000,000 under $50,000,000 .. 845 1,373,971 843 1.31 17,979 18,558 1.28 $50,000,000 under $100,000,000 440 1,452,272 440 435 8,996,245 432 118, 198 1.31 $100,000,000 or more .............. ................... G r antmaking-Opernting Foundations Total.. ....................................................... 2,567 772,651 0.96 2,525 7,385 Zero or unreported ... $1 under $1 00,000 ........................ $100,000 under $1,000,000 *1,698 *17,47 1 * 1,698 *327 $1,000,000 under $ 10,000,000 .................... 1,3 10 705 109,818 705 119 81 40,112 62 446 1.11 $10,000,000 under $25,000,000 31 48,916 24 495 1.01 $25,000,000 under $50,000,000 $50,000,000 under $100,000,000 23 67,108 16 647 0.96 $1 00,000,000 or more ......... 489,226 29 20 4,159 0.85 • Estimate should be used with caution because of the small number of sample returns on which it is based. New Excise Tax at 1% Amount($) E xcise Tnx Differ ence Amount (S) 176,476 57,198 386 7,674 24,887 17,701 14,462 15,633 95,700 104 5,307 10,523 5,827 4,259 4, 131 27,048 166,660 58,038 367 7,493 23,422 16,909 13,779 14,628 90,029 91 5,148 10,364 5,81 9 4,278 4, 126 28,212 9,816 -840 181 1,465 792 684 1,005 5,67 1 !59 !58 9 -1 9 5 - 1, 164 173,589 57,138 357 7,630 24, 186 17, 139 14,229 15, 194 94,855 81 5,262 10,292 5,743 4,245 4,012 27,502 165,863 57,479 357 7,455 23,087 16,738 13,740 14,523 89,962 81 5, 110 10,079 5,698 4,239 4,036 28,236 7,727 -342 1,098 401 489 67 1 4,892 2 12 45 6 -24 -734 © Cam bridge Associates LLC �16 EXH IBIT 9 COUNCIL OF MICHIGAN FOUNDATIONS EXC ISE T AX ANALYSIS YEAR 2003 Net Investment Income Excise Tax Percent Amount($) Return (#) Amount($) Amount(%) Return(#) All Foundations Total ......................................................... 60,560 25,192,997 57,095 327,882 1.30 *796 *16, 142 *497 *161 Zero or unreported .............................. $1 under $1 00,000... .. ...................... 11 ,34 1 1,048 !.53 68,658 9,35 1 25,34 1 545,647 24,567 !.50 $100,000 under $1 ,000,000 ... 8,188 $1 ,000,000 under $ 10,000,000 .................... 18,272 3,051,123 17,994 43,674 1.43 33,932 1.45 $10,000,000 under $25,000,000 2,628 2,333,520 2,566 1,044 1,066 $25,000,000 under $50,000,000 .. 27,121 1.37 1,977,309 $50,000,000 under $100,000,000 563 2,237,043 546 28,962 1.29 $100,000,000 or more .............. ................... 553 14,963,555 529 184,795 1.23 Nonoperating Foundations 24,022,642 53,602 316,484 Total.. ....................................................... 56,577 1.32 *16, 142 *497 *161 Zero or unreported ... *796 $1 under $1 00,000 ............................. 10,445 66,69 1 8,456 1,0 18 !.53 23,754 518,668 23, 135 7,8 10 !.51 $100,000 under $1,000,000 $1,000,000 under $ 10,000,000 .................... 17,127 2,911,250 17,075 41,937 1.44 1.47 $10,000,000 under $25,000,000 2,426 2,210,220 2,420 32,597 1,01 1 $25,000,000 under $50,000,000 1,905,465 1,008 26,652 1.40 514 2,024,333 512 26,44 1 1.31 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ......... 14,369,872 503 498 179,868 1.25 Opcr:lting Foundations 11,398 0.97 1, 170,354 3,493 Total.. ....................................................... 3,983 Zero or unreported ............................... $1 under $1 00,000... ........................... *895 * 1,966 *895 *3 1 $1 00,000 under $1 ,000,000 .................... 1,587 26,980 1,432 1.40 379 $1 ,000,000 under $ 10,000,000 .................... 1, 145 139,873 918 1,737 1.24 $1 0,000,000 under $25,000,000 .................. 202 123,299 146 1,335 1.08 $25,000,000 unde1 $50,000,000 .................. 55 71,844 36 469 0 .65 $50,000,000 under $ 100,000,000 ... 212,710 34 2,52 1 49 1.18 50 31 4,928 0.83 $100,000,000 or more ...................... 593,682 G rant making Foundations Total.. ....................................................... 55,661 24,593,688 320,320 1.30 52,879 *161 Zero or unreported ... *796 * 16, 142 *497 $1 under $1 00,000....... .................. 9,650 62,4 12 7,859 1.48 925 23,538 536,977 23,023 8,0 19 1.49 $100,000 under $1,000,000 1.43 $1,000,000 under $ 10,000,000 . ................... 17,10 1 41 , 128 2,883,395 16,982 2,452 32,110 1.45 $10,000,000 under $25,000,000 ... 2,478 2,208,363 26, 163 1,027 1,898,412 1,0 16 $25,000,000 under $50,000,000 1.38 538 2, 113,758 529 27,222 1.29 $50,000,000 under S I 00,000,000 $1 00,000,000 or more ....... 534 14,874,230 521 1.24 184,592 G rant making-Nonopcratiog Foundation Total... ...................................................... 53,459 23,782,225 50,842 311,827 1.31 *796 *16, 142 *497 *161 Zero or unreported .............................. $1 under $1 00,000... 7,461 .. ...................... 9,252 61,632 9 16 1.49 22,468 510,792 22,005 7,654 1.50 $100,000 under $1 ,000,000 ... $1 ,000,000 under $ 10,000,000 .................... 16,555 2,810,735 16,503 39,967 1.42 31 ,218 1.46 2,382 2, 139,330 2,377 $10,000,000 under $25,000,000 $25,000,000 under $50,000,000 .. 997 1,862,276 995 25,822 1.39 26,251 1.30 $50,000,000 under $100,000,000 510 2,014,814 508 500 14,366,504 496 179,837 1.25 $100,000,000 or more .............. ................... G r antmaking-Opernting Foundations Total.. ....................................................... 2,202 8 11 ,464 8,492 1.05 2,037 Zero or unreported ... $1 under $1 00,000 ........................ *398 *780 *398 *8 26,185 1,0 19 365 1.39 1,07 1 $100,000 under $1,000,000 $1 ,000,000 under $ 10,000,000 .................... 546 72,660 479 1,160 1.60 $10,000,000 under $25,000,000 69,033 75 891 1.29 96 36, 136 21 341 0.94 30 $25,000,000 under $50,000,000 $50,000,000 under $100,000,000 28 98,943 21 97 1 0.98 $1 00,000,000 or more ......... 34 507,726 4,756 0.94 25 • Estimate should be used with caution because of the small number of sample returns on which it is based. New Excise Tax at 1% Amount($) E xcise Tnx Differ ence Amount (S) 251 ,930 75,952 687 5,456 30,5 11 23,335 19,773 22,370 149,636 362 2,732 13, 163 10,597 7,348 6,591 35, 160 240,226 76,257 667 5, 187 29, 112 22, 102 19,055 20,243 143,699 35 1 2,623 12,825 10,495 7,597 6, 198 36, 169 11,704 -305 270 1,399 1,233 718 2, 127 5,937 109 338 102 393 - 1,009 245,937 74,383 624 5,370 28,834 22,084 18,984 2 1, 138 148,742 301 2,649 12,294 10,026 7, 179 6,084 35,850 237,822 74,005 616 5, 108 28, 107 2 1,393 18,623 20, 148 143,665 300 2,546 11 ,860 9,825 7,200 6, 103 36, 171 8, 115 378 262 727 690 361 989 5,077 103 434 201 -20 -1 9 -322 -250 © Cam bridge Associates LLC �17 EXHIBIT 10 COUNCIL OF MICHIGAN FOUNDATIONS EXC ISE T AX ANALYSIS YEAR 2004 Net Investment Income Excise Tax Percent Return(#) Amount($) Return (#) Amount($) Amount(%) All Foundations Total ......................................................... 6 1,845 34,019,443 58,780 468,672 1.38 *596 *183 *298 *3 Zero or unreported .............................. $1 under $1 00,000... .. ...................... 10,922 79,836 9,233 905 1.13 25,706 634,202 24,984 1.53 $100,000 under $1 ,000,000 ... 9,672 $1 ,000,000 under $ 10,000,000 .................... 19,359 3,665,652 19,1 39 54,476 1.49 43,855 1.50 $10,000,000 under $25,000,000 2,863 2,926,024 2,799 1,1 49 1.41 $25,000,000 under $50,000,000 .. 1, 178 2,897,457 40,985 616 3,045,351 602 43,242 1.42 $50,000,000 under $100,000,000 605 20,770,738 577 275,535 1.33 $100,000,000 or more.............. ................... Nonoperating Foundations 32,288,893 456,435 1.41 Total.. ....................................................... 57,8 15 55,576 *3 Zero or unreported ... *596 *183 *298 $1 under $1 00,000 ............................. 9,830 77,472 8,439 875 1.13 $100,000 under $1,000,000 24,255 616,755 23,737 9,407 1.53 $1,000,000 under $ 10,000,000 .................... 18,25 1 18,241 52,350 150 3,495,780 2,647 42,392 1.51 $10,000,000 under $25,000,000 2,652 2,798,824 1,1 03 39,865 1.43 1, 111 2,787,491 $25,000,000 under $50,000,000 569 2,865,497 568 41 ,812 1.46 $50,000,000 under S I 00,000,000 $1 00,000,000 or more......... 19,646,891 544 269,731 552 1.37 Opcr:lting Foundations 4,030 1,730,551 3,204 12,237 0.71 Total.. ....................................................... Zero or unreported ............................... $1 under $1 00,000... ........................... *1,092 *2,364 *794 *29 1,452 17,447 1,247 265 1.52 $100,000 under $1,000,000 $1 ,000,000 under $ 10,000,000 .................... 1, 108 169,873 898 2, 126 1.25 $1 0,000,000 under $25,000,000 .................. 211 127,199 152 1,464 1.15 $25,000,000 unde1 $50,000,000 .................. 67 109,967 46 1, 120 1.02 $50,000,000 under $1 00,000,000 ... 47 179,853 34 1,430 0.80 0.52 33 $100,000,000 or more...................... 1, 123,848 5,804 53 G rant making Foundations Total.. ....................................................... 56,261 33,456,091 462,973 54,236 1.38 *3 Zero or unreported ... *596 *183 *298 $1 under $1 00,000....... .................. 8,638 74,099 7,347 8 11 1.09 1.52 $100,000 under $1,000,000 23,732 619,528 23,426 9,398 3,571 ,504 $1,000,000 under $ 10,000,000 . ................... 18,2 17 1.49 18,279 53,258 2,821 ,230 2,687 42,328 1.50 $10,000,000 under $25,000,000 ... 2,714 2,847,089 1,1 12 40,551 1.42 $25,000,000 under $50,000,000 1, 126 590 2,952,401 584 42,738 1.45 $50,000,000 under S I 00,000,000 $1 00,000,000 or more....... 20,570,056 565 273,886 1.33 585 G rant making-Nonopcratiog Foundation Tohll ......................................................... 54,090 32,179,754 52,414 454,430 1.41 *596 *183 *298 *3 Zero or unreported .............................. $1 under $1 00,000... 7,943 1.09 6,850 790 72,596 ························ $100,000 under $1 ,000,000 ... 22,95 1 605,534 22,696 1.52 9,192 $1 ,000,000 under $ 10,000,000 .................... 17,779 3,468,964 17,768 51 ,869 1.50 2,6 13 41 ,494 1.51 $10,000,000 under $25,000,000 2,618 2,753,588 $25,000,000 under $50,000,000 .. 1,084 1.43 1,089 2,775,215 39,664 41 ,743 1.46 $50,000,000 under $100,000,000 565 2,861 ,395 564 549 19,642,280 541 269,673 1.37 $100,000,000 or more.............. ................... G r antmaking-Opernting Foundations Total.. ....................................................... 2,171 1,276,337 1,822 8,543 0.67 Zero or unreported ... $1 under $1 00,000 ........................ *695 * 1504 *496 *21 13,994 73 1 206 1.47 781 $100,000 under $1,000,000 $1 ,000,000 under $ 10,000,000 .................... 501 102,540 449 1,388 1.35 67,643 74 834 1.23 $10,000,000 under $25,000,000 96 71 ,873 28 886 1.23 $25,000,000 under $50,000,000 37 $50,000,000 under $100,000,000 25 91,006 20 995 1.09 $1 00,000,000 or more......... 24 4,2 13 36 927,777 0.45 • Estimate should be used with caution because of the small number of sample returns on which it is based. New Excise Tax at 1% Amount($) Excise T nx Differ ence Amount (S) 340,194 128,478 798 6,342 36,657 29,260 28,975 30,454 207,707 107 3,330 17,819 14,595 12,010 12,788 67,828 322,889 133,546 775 6, 168 34,958 27,988 27,875 28,655 196,469 100 3,239 17,392 14,404 11 ,990 13, 157 73,262 17,306 -5,069 174 1,699 1,272 1, 100 1,799 11 ,238 91 427 192 20 -369 -5,434 334,561 128,412 741 6, 195 35,7 15 28,2 12 28,47 1 29,524 205,701 70 3,203 17,543 14, 116 12,080 13,214 68,185 321,798 132,632 726 6,055 34,690 27,536 27,752 28,6 14 196,423 64 3, 137 17, 179 13,958 11 ,912 13, 129 73,250 12,763 -4,220 140 1,025 676 7 19 910 9,278 66 363 158 167 85 -5,065 © Cambridge Associates LLC � 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_2008-10-13_Federal-Excise-Tax Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book federal excise tax 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 2008-10-13 board book federal excise tax. 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, 50742 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/ee6ffdb5b668b14d5e31a69b593a6319.pdf 0404f1cab2f5bef06886e018c984f483 PDF Text Text CMF Council of M ichi an Foun~ations Serving grantmakers. Advancing giving. Date: September 30, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees F rom: Phillip Peters, Audit Committee Chair Dave Lindberg R E: CMF 8-31 -08 Internal Financial Statements R ESOLVED that the 8-31-08 Internal Financial Statements be accepted as recommended by the CMF Audit Committee. On September 29, 2008, the CMF Audit Committee met and accepted the enclosed internal financial report as of August 31, 2009. Core Operations Note 1: Additional Member Contributions The bulk of this category is the $150,000 grant from Kellogg. Note 2: Conference & Meeting Revenue With registrations for the Annual Conference remaining strong, the revenue goal of $500,000 and surplus of $123,000 appear to be on target. Note 3: Investment Income While the rate of return has dropped below 2% vs. 5% for last year, overall income has remained close to budget due to the $ 1.3 mill ion in ECIC money that was held through 815-08. With the ECIC funds now disbursed the year to date budget will probably fall $20,000-$30,000 short of the overall goal of $138,000. Note 4: W ages & Benefits The variance from budget is due to the following items. I Director of Corporate Services - position not filled S:\Boards and Committees\C MF\Board\2008-09\ 10.13.08 Meeting Material s\Treasurer's Report 8-31-08.doc $25,89o I �I Additional time to Philanthropy 3D and Diversity projects 2,976 1 Note 5: Postage The credit balance is due to the refund received on the funds remaining in the old postage machine which was replaced in April 2008. Note 6: Technology The variance from budget is due to projects which have not started. Note 7: Communications/Publications The variance from budget is due to projects which have not started. Note 8: Professional Services Line Item Newsclip Service Lobbying- Public Affairs Legal Audit .Fees Mise Total Actual 4-1-08 to 8-31-08 $2,844 7,500 4,709 4,450 2,440 $21,943 Budget 08-09 $4,500 18,000 11,000 4,500 2,000 $40,000 The misc. amount was used to provide Matrix Management training for CMF staff. .William Allen Fund This fund supports the members' spring legislative trip to Washington DC. Russell G. Mawby Fund Association Dues & Sponsorships MNA Sponsorship SuperConference Michigan Women's Foundation - Women of Achievement Dinner National Center for Family Philanthropy Online service Association ofFundraising Professionals- National Philanthropy Day sponsorship MNA Nonprofit Day sponsorship $1,000 500 3,600 500 500 S:\Boards and Committees\CMF\Board\2008-09\ 10.13.08 Meeting Materials\Treasurer's Report 8-31-08.doc �ra.uth & Russ Mawby Fund for Kids This fund supports the YAC summer intern and the Summer Youth Conference. The major billing from the University of Michigan for the Summer Youth Conference has not been received as of 8-31-08. Community Foundation Endowment Fund 1 At this time it appears total expenses should remain within budget for the current fiscal year. MCFYP Endowment Fund This fund supports the YAC Program Associate position. Dorothy Johnson Educational Fund The plan is to use $10,000 of this fund to support the Family Foundation Summer Retreat which took place in June 2008, w ith the remaining $39,000 supporting the CMF Annual Conference. iecker Leadership Fund The fund supports 65% the Public Policy Fellow position. William Richardson Endowment Fund This fund supports the remaining 35% of the Public Policy Fellow' s wages. Community Foundation Technology Endowment Fund This fund primarily covers technical support provided to FIMS sites by Bill Nethercut, software consultant. arl Reitz Endowment Fund This fund supports investment educational events for foundation staff and trustees. S:\Boards and Committees\C MF\Board\2008-09\ 10.13.08 Meeting Material s\Treasurer's Report 8-31-08.doc �CMF Core Services Endowment Fund $30,000 was transferred from this fund to CMF Core Services. This represents the 5% spendable income available from this fund on an annual basis. S:\Boards and Committees\C MF\Board\2008-09\ 10.13.08 Meeting Material s\Treasurer's Report 8-31-08.doc �Council of Michigan Foundations & Supporting Organizations Consolidated Balance Sheet August 31, 2008 II CMF Core & Spec ial Projects ASSETS Cash & Equivalents Investments Grants Receivable Due From Other Funds Property, Plant & Equipment - Net Other Assets Total Assets LIAB ILITIES Accounts Payable Grants Liabilities Deferred/Other Liabilities Total Liabilities NET ASSETS (FUND BALANCE) Unrestricted & Tern p Restrict. Endowment Funds KYIP Fund Total Net Assets Total Liabilities & Net Assets S :\Finance\Finandat Statements\08-09\CMF FS 8-31-08 $5,440,394 3,369,172 (3,033,258) 397,783 32,216 $6,206,307 $22,860 0 43,131 65,991 Endowment Funds $20,853 16,538,255 (27,661) $16,531 ,447 Supporting Organizations Michigan AIDS MCFV LTG Fund $6,096,906 $17,078 $3,028,565 3,087,235 1,989 219,309 $9,186,130 $3,264,952 $601,641 177,351 (24 5,625) 6,972 13,112 $553,451 $ 0 6,140,316 0 0 48,000 64,000 112,000 3,930,259 3,264,952 441,451 Total $ 12,176,872 19,566,820 3,546,523 0 406,744 45,328 $35,742,287 $22,860 48,000 107,131 177,991 6 ,140,316 16,531,447 5,255,871 9,186,130 3,264,952 441,451 13,776,978 16,531,447 5,255,871 35,564,296 $6,206,307 $16,531,447 $9,186,130 $3,264,952 $553,451 $35,742,287 16,531 ,447 �Counc il of Mic higan Foundatio ns & Supporting Organizations Co ns olidat ed Statem ent of Activities and Changes in Net Asset s 4-1-08 to 8-31-08 II Council of Mich igan Foundations Supporting Organizations Michigan A IDS MCFV LTG Fun d CMF Core Services Revenues Spendable Income Membership Investment Additional Member Contributions Other Grants Conference Income Publications 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 Professiona l Services Travel Training & Seminars Conference & Meeting (GainVLoss sale of fixed assets Overhead Allocation to Spec Proj Total Program/Admin $0 893,529 Special Projects Endowment Funds $0 $722,200 607,664 600 23,275 159,760 22,692 364,378 10,288 200 69, 164 1,520,011 400,554 29,209 4,821 864 (990) 8,482 3,954 10 608,274 575 12,659 !277,245! 481,464 128,430 135,536 8,389 35 0 207 840 0 1,32 1 435 197 1,662 17,054 27,594 11,702 2,050 1,625 410 21,682 9,107 21,943 21,360 4,602 153,700 0 !542! 717,999 746 6 ,250 CMF Total $722,200 893,529 159,760 630,356 388,253 10,863 12,859 208,071 2.609,749 664,520 37,598 6,177 864 (348) 9,519 3,954 1,662 29,592 s Combined Total 79,707 280,507 (38.312! !38, 142! 3,120 157,157 $722 ,200 893,529 159,760 985,349 388,253 10,877 12,859 163,556 2 ,2 87,071 59,701 2,083 106,110 15,588 2,224 1,348 888 16,652 1,388 1,690 832 ,414 53,186 8,573 2,212 552 30,568 8,118 3,352 433 3,500 1,231 31,689 500 6,284 2,834 200 3,464 82,261 11,974 508 1,388 39,469 2,460 30,789 54 2 ,525 60,354 8 ,250 182,168 200,800 $156 s 154 ,037 14 172 (750) 1,388 433 12 5,147 1,388 14,294 14,910 1,780 18,551 35,469 2,460 30,789 400,271 45 ,414 7 ,542 177,403 540,325 194,020 (542 1.452,344 114 ,698 542 25,887 243.750 1,836,679 51,786 51,786 71 ,600 71 ,600 123,386 123,386 2,096,391 2,096,391 698,750 698,750 70,250 70,250 2 ,988,777 2,988,777 (762,779) (156,843) (1 ,816,185) 598,294 38,102,681 364,034 9,144 1,160 5,152 0 53,709 132 (87) GRANTS Challenge Grants Mini· Granls Computer Grants Other Grants Total Grants Excess Revenues Over Expenditures Beginning Net Assets Transfer from MCFV Cha nge in Net Assets Ending Net Assets $'1.,..,c.IF.,aftt.... S'-eeiO'".ot'Ct.IFFSI·)1.QI 802,012 16,163 215,844 1,034 ,019 1,224,597 0 802,012 $2,026,609 4 ,097,544 17,037,803 22 ,359,944 11 ,1 16,712 16,163 $4,113,707 !506,356! $ 16,531 ,447 311 ,8 19 22,671 ,763 p ,930,582! !762,779~ $9,186,130 $3,264,952 (1 ,930.582) 4 ,027,731 !'56,643! $441 ,451 (2,538,385 $35,564 ,296 �Council of Michigan Foundations Core Services Internal Statement of Activities 4-1-08 to 8-31-08 12 Month Budget 2008-09 Revenues Membership Investment Additional Member Contributions Other Grants Conference & Meetings Publications 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 T raining & Seminars Conference & Meetings (Gain)/Loss Sale of Fixed Assets Overhead Allocation to Spec Projects Total Program/Admin 5 Month Budget 8/31 /2008 $ 1,006,000 166,000 25,000 598,000 15,000 2,000 138,000 1,950,000 $ 5 Month Actual 8/31 /2008 935,000 161,000 25,000 225,000 6,300 500 75,000 1,427,800 $ 893,529 159,760 22,692 364,378 10,288 200 69,164 1,520,01 1 Note 3 Note 4 30,800 28,600 2,100 36,700 19,400 26,300 3,800 87,300 17,054 27,594 2,050 21 ,682 21 ,943 21 ,360 4,602 153,700 Note 6 (700) 718,700 (542) 717,999 422,500 28,400 5,300 1,300 8,300 12,600 6,000 74,000 34,500 5,000 88,000 40,000 63,000 9,000 484,000 (1 ,500) 1,950,000 0 0 0 Excess Revenues Over Expenditures 0 709,100 802,012 1,224,597 0 1,224,597 709,100 1,224,597 802,012 1,224,597 1,933,697 $2,026,609 S:\Finance\Financial Statements\08·09\CMF FS 8-31..08 Note 2 400,554 29,209 4,821 864 (990) 8,482 3,954 1,662 1,014 ,000 68,000 13,000 3,000 20,000 30,000 6,000 Grants Challenge Grants Mini-Grants Computer Grants Other Grants Total Grants Beginning Net Assets Excess Rev over Exp. Transfer to Core Endowment Ending Net Assets Note 1 Note 5 Note 7 Note 8 Note 2 �CMF Endowment Fu nds Consolidated Statement of Act ivities and Cha nges in Net Assets 4 -1-08 to 8-31-08 Endowment Funds Russell G. M aw by Johns on Allen Maw by Educational Fund Fund Fund For Kids Revenues Spendable Income Membership Investment Additional Member Contributions Other Grants Conference Income Publications Other Income Investment Income Total Revenues 8,600 $ 73.000 $ 4 2,000 Fund $ 49,000 Community Foundation E ndowment MCFYP Rie cker hchnology Richardson Public Inves t. Endowment Fund Fund Policy Education ' ' 358,000 Comm Fdn 57.000 ' 56,000 ' 24.000 ' 22,000 Re itz ' 2.600 12 Month Budget CMF Core ' 30,000 ~ To tal ' 722,200 722,200 23,275 575 12.659 (277.245) 36, 100 3.500 23,600 (200) (125) 575 12 ,659 (3,373) 5.227 Program(Admin Expenses wages & Benefits Occupancy TelephOne Equipment l ease & Maintenance Postage Supplies Ins urance Equipment & Furniture Depreciation TechnolOgy Dues & Spons orship Books & Subscriptions 28,871 44,704 (17.532) 48.068 17,272) 31 ,728 4 ,729 37 62 (140,656) 229,803 (22.580) 34.295 (22,177) 33,823 89,980 15,305 16.298 831 490 35 39 100 100 196 350 450 150 6.1 00 8.947) 15.053 (6,952) 15,048 (769) 1.831 (8,11 6) 21,884 9,224 481.464 761,800 135.536 362,000 1.321 1,500 435 197 1,100 746 200 6 .250 11,000 14.100 14,294 26,600 75, 100 500 CommunicationsiPublications Professional Services 8,691 Tral'el Training & Seminars Conference & Meeting Total Program/Ad min 1,142 699 75 7,048 1,270 4 19.104 232 7,255 24,706 108,171 GRANTS Challenge Grants Mini-Grants Computer Grants Other G rants 5,603 20 1 245 (225) 16.492 5,820 14 ,910 1.780 18,551 190 ( 564) 22,569 5.603 9,224 194.020 31,000 4 .000 95, 100 622,200 20,000 39,000 Total G rants 39.000 Excess Re.,enoes O l'er Expenditures 5,227 37.449 23.362 Beginning Net A sset s Transfer from Other Funds Ex cess Re...enoes Ol'er Ex penditures Ending Net A ssets 202,292 1,737,4 15 1,009,982 3.373 $198,919 S :\Finance\Finandat Statements\08·09\CMF FS 8 -31-08 (35 ~51 ) $ 1,701 .864 18.638 $991 ,344 (7,272) 1,15 1,574 (56;72) $1 .095.302 121,632 17.803 11,254 9.450 5,824 8.580,765 1,380.440 1.37 1,052 543,312 431 ,484 236,368 $8.344 ,397 (39, ;97) $1 ,341.243 44,;46) $ 1.326,306 (14.~50) $528.762 16,;76) $41 5,308 2.600 30,000 2.600 30,000 (769) (8,11 6) 71 ,600 71 ,600 215.844 53.836 575,651 17,037,803 (3,;69 38,11 6 $ 537,535 506.356 16 .531 .447 $50.467 119,600 139,600 17,037,803 ~ �CMF Council of Michi an Foun~ations Serving grantmakers. Advancing giving. Date: September 30, 2008 Memo to: Diana Sieger, Chairperson, and Members of the Board of Trustees From: Rachel Mraz, CMF Trustee and Investment Committee Member and David R. Lindberg, Vice President Finance & Administration Re: June 30, 2008 Investment Report The following Resolution is presented fo r consideration: RESOLVED that the June 30,2008 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 September 5, 2008, the Investment Committee reviewed and approved the enclosed report. Since the May 20, 2008, CMF Board meeting, the Investment Committee has dealt with the following issues: • On May 15, 2008, Munder notified CMF of its plan to liquidate the Real Estate Investment Fund by June 27, 2008, due to Comerica's plan to liquidate its investment in the Fund, which represented more than 50% of the Fund's assets. Shortly after this notification CMF liquidated its share of this investment which totaled approximately $709,000 and reinvested this balance in the TIFF MultiAsset Fund. • Due to problems experienced by some money market vehicles in the past several months the CMF money market accounts were transferred to the JP Morgan US Treasury Plus money market accounts, which are invested in U.S . Treasury Repurchase Agreements, Notes & Bills. • A meeting has been scheduled for October 15, 2008 with TIFF to talk further about the TIFF products and consider possibly investing a larger portion of the CMF Endowment Pool in the Multi-Asset Fund. S:\Boards and Committees\CMF\Board\2008-09\ 10.13.08 Meeting Materials\Investment Report 6-3008.doc �Investment Report Page 2 Alternative vs. Standa rd 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 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 the fo llowing two sections: Investment Performance 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 Lehman Bros. Aggregate Allocation 39.0% 10.0% 6.0% 14.0% 3 1.0% Investment Perfor mance 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 & Associates to collect the results from the pool participants. S:\Boards and Committees\CMF\Board\2008-09\ 10.13.08 Meeting Materials\Investment Report 6-3008.doc �Council of Michigan Foundations Investment Report June 30, 2008 Investment Balanc e 6-30-08 Actual Asset Allocation Money Mkt Tar geted Asset Allocation Money Mkt. Operating Funds CMF Operating & Special Projects $4,822,595 100% 100% MCFV Special Projects $2,577,454 100% 100% KYIP Fund $5,544,563 100% 100% Michigan AIDS Fund $342,357 100% 100% Learning to Give $751 ,188 100% 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 $10,892,422 4,456,217 69,457 1,263,890 74,636 16,756,622 % 65.0% 26.6% 0.4% 7.5% 0.4% 100.0% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Ac tual Investment Return -4.51 % N/A N/A N/A Blended Benchmark -6.01 % 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\ 10.13.08 Meeting Materials\lnvest Report 6-30-08 �Council of Michigan Foundations Investment Report June 30, 2008 CMF Standard Endowment Pool- Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities $4,668,849 1,217,242 760,501 1,537,011 Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total $ Actual % Target % 8,183,603 38.8% 10.1% 6.3% 12.8% 0.0% 68% 37% 9% 6% 13% 5% 70% 74,636 1,613,003 1 ,560,129 607,038 3,854,806 0.6% 13.4% 13.0% 5.0% 32% 0% 13% 13% 5% 30% 12,038,409 100% 100% Standard Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10 Year Actual Investment Return -6.20% 6.33% 9.08% 5.85% Blended Benchmark -6.01 % 5.77% 8.46% 5.14% S:\Boards and Committees\CMF\Board\2008-09\10.13.08 Meeting Materials\lnvest Report 6-30-08 �Learning to Give Investment Report June 30, 2008 LTG Endowment Fund -Asset Mix Market Value LargeCap MidCap SmaiiCap International Real Estate Equity Trust Total Equities $1,173,784 312,950 179,921 387,813 Cash Equivalents Short Bond Fund Bond Fund High Yield Bond Total Cash & Fixed Income Grand Total Actual % $ Target % 2,054,468 38.5% 10.3% 5.9% 12.7% 0.0% 67% 37% 9% 6% 13% 5% 70% 16,457 408,143 408,867 159,149 992,616 0.5% 13.4% 13.4% 5.2% 33% 0% 13% 13% 5% 30% 3,047,084 100% 100% Endowment Pool Compound Annual Rate of Return One Year Three Year Five Year 10Year Actual Investment Return -6.82% N/A N/A N/A Lipper Median Benchmark -6.01 % 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\10.13.08 Meeting Materials\lnvest Report 6-30-08 �Council of Michigan Foundations Investment Performance Comparison 3/31 /2008 Actual Returns Period Ending Quarter One Year Blended Benchmark -5. 17% CMF Cambridge Pooled Pool Funds (Median) -5.37% -4.50% TIFF Multi Asset -3.40% -2.05% -2.47% 3.40% 6.38% 7.08% 7.35% 10.30% 11.99% Five Years 11.56% 11.76% 13.40% 15.86% Ten Years 5.67% 6.01% 7.70% 8.28% Three Years Bench Marks W ilshire 5000 S&P 500 Russell 2500 LB Aggregate MSCI EAFE CPI-U Qtr Ending -9.5% -9.4% -9.4% 2.2% -8.9% 1.7% 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 24.5% 21.4% 17.1% 2.7% 34.3% 100.0% Period Ending One Yr Three Yrs -5.8% 6.4% -5.1% 5.9% -1 1.3% 6.0% 7.7% 5.5% -2.7% 13.3% 4.0% 3.4% Asset Allocation CMF Target 55.0% 14.0% 26.0% 5.0% 100.0% 4.7% 12.6% 1.4% 5.4% 1.4% 3.3% 1.0% 0.2% 0.4% 3.9% 34.3% Five Yrs Ten Yrs 12.5% 3.9% 11.3% 3.5% 15.7% 6.9% 4.6% 6.0% 2 1.4% 6.2% 3.0% 2.8% TIFF Multi Asset 51.4% Includes Inti & Resource 12.4% 36.2% 100.0% 1.5% 5.0% 1.8% 5.0% 20.8% 4.2% 7.9% 36.2% • Represents the latest return numbers available from Cambridge & TIFF. S:\Boards and Committees\CMF\Board\2008-09\10.13.08 Meeting Materials\lnvest Report 6-30-08 �Date: October 3, 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. Approval of the Audit was deferred to the October 13 Meeting at the May 22 Board Meeting because the Audit Report was not available for review in advance of that 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 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. �REHMANN ROBSON Certified A member of T H E Public Accountants RE HMA NN GROU P May 19, 2008 To the Board of Directors of Council of Michigan Foundations Grand Haven, Michigan We have audited the financial statements of the Council of Michigan Foundations and Supporting Organizations (the "Organization") for the year ended March 31 , 2008, and have issued our report thereon dated May 19, 2008. Professional standards require that we provide you with the following infonnation related to our audit. Our Responsibility Under Auditing Standards Generally Accepted in the United States of America and Government Auditing Standards As stated in our engagement letter dated May 1, 2008, our responsibility, as described by professional standards, is to express opinions about whether the financial statements prepared by management w ith your oversight are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of your responsibilities. As part of our audit, we considered the internal control of the Organization. Such considerations were solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we performed tests of the Organization 's compliance with certain provisions of laws, regulations, contracts and grants. However, the objective of our tests was not to provide an opinion on compliance with such provisions. Planned Scope and Timing of the Audit We performed the audit according to the planned scope and timing previously communicated to you in our meeting about planning matters on April 28, 2008. ~ ilnndepenllentmember~tf BAKE R TILLY INTERNATIONAL 2330 East Paris Avenue, SE •P.O. Box 6547 • Grand Rapids. Ml 495 16 • 6 16.975.4 100 • Fax 6 16.975.4400 • www.rehmann.com �Significant Audit Findings Qualitative Aspects ofAccounting Practices Management is responsible for the selection and use of appropriate accounting policies. In accordance with the terms of our engagement letter, we will advise management about the appropriateness of accounting policies and their application. The significant accounting policies used by the Organization are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the year. We noted no transactions entered into by the governmental unit during the year for which there is a lack of authoritative guidance or consensus. There are no significant transactions that have been recognized in the financial statements in a different period than when the transaction occurred. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimate affecting the financial statements was: • Management's estimate of the useful lives of depreciable capital assets is based on the length of time it is believed that those assets will provide some economic benefit in the future. We evaluated the key factors assumptions used to develop these estimates in detennining that they are reasonable in relation to the financial statements taken as a whole. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements The attached schedule summarizes uncorrected misstatements of the financial statements. Management has determined that their effects are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole. �Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated May 19, 2008. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the Entity's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the governmental unit's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. This information is intended solely for the use of the governing body and management of the Council of Michigan Foundations and is not intended to be and should not be used by anyone other than these specified parties. Very truly yours, �Council of Michigan Foundations Comments and Recommendations For the Year Ended March 31, 2008 In planning and perfonning our audit of the fmancial statements of the Council of Michigan Foundations (the "Organization") as of and for the year ended March 31, 2008, in accordance with auditing standards generally accepted in the United States of America, we considered the Organization's internal control over financial reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Organization's internal control. Accordingly, we do not express an opinion on the effectiveness of the Organization's internal control. A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the entity's ability to initiate, authorize, record, process, or report financial data reliably in accordance with generally accepted accounting principles such that there is more than a remote likelihood that a misstatement of the entity's financial statements that is more than inconsequential wi ll not be prevented or detected by the entity's internal control. A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the entity's internal control. Our consideration of internal control was for the limited purpose described in the first paragraph and would not necessarily identify all deficiencies in internal control that might be significant deficiencies or material weaknesses. We did not identify any defici encies in internal control that we consider to be material weaknesses, as defined above. Other Matters Processing ofCheck Deposits Checks received in the mail are processed using a check scanner through the bank's web access site. There is a risk that the person scanning the checks could scan a particular check and then take the paper check to another bank and cash or deposit the check again. This is possible because the person scanning the checks is also responsible for applying the restrictive stamp "For Deposit Only" to the back of the checks received. To convert the check, this person would have to omit the stamp on checks that were to be cashed twice. We recommend that the receptionist who opens the mail be responsible for applying the restrictive stamp. * * * * * -1- �Council of Michigan Foundations Schedule of Adjustment< Passed (SOAP) For the March 31, 2008 Audit In accordance with the provisions of SAS 89, Audit Adjustments, we have prepared the following schedule of proposed audit adjustments, which we believe arc immaterial both ind ividually and in the aggrcgalc. Also in accordance w ith SAS 89, we arc providing this schedule to both managcmcnl and the audit committee- to receive their assurance that lhcy agree that the amounts listed below arc not material to the financial stalcmcnts, either individually or in the aggregate, and do not need to be recorded. Effect of Passed Adjustment • Ovcr(Undcr)Statcmcnt Beginning Assets Unposted prior accrual for compensated absences payable, including FICA taxes payable Liabilities Fund Balance (36,966) Current year change in compensated absences payable and FICA on that ba lance 11,444 PY overaccrual of unemployment claims payable · no probable risk 53,000 CY adjLtStment of unemployment claims payable · no probable risk (22,000) PY overstatement of prepaid Fourm dues CY overstatement of prepaid forum dues Cummulative Effect Expenses/ Expenditures 36,966 11,444 (53,000) (22,000) 5,156 5,05 1 5,051 Revenue 5, !56 (5,05 1) 5,478 (10,878) ( 10,451) �CMF Council of Michigan Foundations Serving grantmokers. Advoncing giving. May 19,2008 O iu" R. §je!-~• C[..,,;.. G,.~d R..Jpids c.:U,unrt(;.iry l'IHJr.dtuinn llliuhl:'ch /1, r.h.rrin, Vi"-'Chtrtr; (..'IIJI(IIffurtil)' l;,.,,..wt~'fl f'r<mOI'o( " " " c.... munhy t'<o•u•<l~rion Rehma nn Robson M.oo";~ !\.<"•~·""'"'· v;,Cwi• r;..,.,..,.,.nif.oll·'lll'f 2330 £ast Paris Avenue, SE M.\SCO WJooc><ion fourocl>t;on Grand Rapids, MI 49546 Hc:uy UpC6tl Sri)\rC'r, Yi& CJ>.,;n Fred~rid: p.-..lt, r'IJI~AJ~ S. t1prDn Found;~rlt'lfl Am;au:.b V:m Owen.• .l"«7T'ell7 Mille<, unlkld. Pndd""k :ill<~ Sl""<· l'.LC Pblllip H . Pr:<m, :r"''"''"' ~ Srt"'WArr Mur. f''ftUrtJ-..,ivlt Rt.lkn S. CDLli.t.•r. l 8t'lllf,J.,t r.ncn<"if n()lli.r;W.::.u ll,NnJc.tiom: Sn"' n 1<.. lircJm;ul :ict.,_.J..:~ F~umb.tivt• ('.nrnfint' fi. C:barnJxti evn\~tiC~ C.:~lil·:~~hl.- Fnirnd~K~Inl Jull• C.nllao CnliN !:o~rinn 'J1l0n"US B. Cvolc C".ook l'wnilr n ...,d.uion DowidO. l'.s:na H""""J•· Wo:bl-,..· l'ooadotkol We are providing this letter in connectioo with your audit(s) of the sta.tement(s) of financial position of Council of Michigan Foundations as of March 31, 2008 and the relatC<i statements of activities, and cash flows for the year(s) then ended for the purpose of expressing an opinion as to wheth~r the financial statements present fairly, in all material respects, the respective fmancial position, chm1ges in net assets, and cash tlows of the Council of Michigan Foundations in conformity with accounting principles generally accepted in the United States of America. We confirm that we are responsible for the fair presentation in the financial statements of frnancial position, changes in net assets, and cash flows in conformity with accounting principles generally accepted in tht: United States of America.. We are also responsible for adopting sound accounting policies, establishing and maintaining effective internal control, and preventing and detecting fraud . l'i.ov.J. Lnuls l'tl""' Klllllmu•uo QommWlity l'oundM.inn R...,-..tiL.G;biot INiD,l; ~- Oilrnilrc ~auu~.u.i~'ltl We confirm, to the best of our knowledge and belief, as of May 19,2008, the following representations made to you during your aud!t. l\llan D . Gilm<>:u Ce:nl'l"'l'''~'l(y 1-'ounduthm rur S.:.,~ht~t Mie:hit:-'ft ). The financial statements referred to above are fairly presented in conformity with accounting principles generally accepted io the United States of America and include all assets and liabilities under the Organization's control. 2. We have made avajlable to you all- C..'OJ A.O""' T11t ~.o(iUtrw~n fmlnd;a!~~o~r• Wo<Jcy ~1. M"""'''·J • ~tlcicinu h~ ('.Atnmuniqt ~lPuAdliCion lll!lll..,fl (l. jlbwbt CMr 1\dvl<ory Oohln« .81och.l P.U..• I Ilam ;uki l\ri110 l)r;Vri~~ f ;llit.ily r,,~l'ldacian O.Vid 1.{. P._., a. F'inancial records and related da.ta_ b. Minutes of the meetings of Board of Directo~ or summaries of actions of recent meetings for which minutes have not yet been prepared. Tho j,..;,b futtd C.UOJ t'l'...M\C'-Mr(~,"un l'oinC' fo.ul nlr r:.,...n~dcm ) 'f.lmN ~. Pnr«r Puett~ F.:no.Hy fau1il!.1ciN"i 0..•1~ S. .sd:oos~'" 11oc: ~'-tlon f<>undoriun 3. G.:o.ld K. Smir~ ~~mit" Vouch l-'CJUfl~IUion There have been no communications from regulatory agencies concerning noncompllance with, or deficiencies in, financial reporting practices. S<orli•s"- Sf'<lrn W.K. K.!lot:<; l'<o"n<lc.cion M'•rs.ucr g.. 'l,nun~n .H.uq A. wtal Mlrr)!l:oln:t D, "roW:(ley fowW~:nn Cbri.u:i~n A. VdllAtlnt"t M id land ALW Gnnm&&aitr •'f·ltnda.rhJn 4. There are no material transactions that have not been properly recorded in the accounting records underlying the financial statements. DMiriJ. W)lllnt ttclw.ud t..,r...lll' r"nmcl:n r~ UwtdJ. Y.o Wk~i\tt'••lln\c M:::mod<\1 J:'o,,n.r.:Jo.ti.on Main Offi ce: One Svurh H:trbor A>~c, ~u icc _}, Gund Ilnvcn, Ml 49117 p 6 16.84 2.7090 f 61 t;.R42.1760 Southea.<t .MicbJg:an Ot'fico;: l nn Tahnl Cenrrc D riv<, Su ire !50, J.)emJit. Ml 4·1i107 p ,; 13.}66.244·1 f ) 1). 566 .2445 www. m ichlJ: nn rrm r'Jac ion.s .or!= �Rehmann Robson May 19, 2008 Page 2 of4 5. We believe the effects of the uncorrected financial statement misstatementS summarized in the att!iChed schedule are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. 6. We acknowledge o ur responsibility for the design and implementation of programs and controls to prevent and detect fraud. 7. We have no knowledge of any fraud or suspected fraud affecting the Organization involving: a. Management, b. Employees who have significant roles in internal control, or c. Others where the fraud could have a material effect on the financial statements. 8. We have no knowledge of any allegations of fraud or suspected fraud affecting the Organization received in commwtications from employees, former employees, analysts, regulators, or others. 9. The Organization has no plans or intentions that may materially affect the carrying value or classification of assets, liabilities, or net asset balances. I 0. The following, if aoy, have been properly recorded or disclo~d in the financial statements: a. Related party transactions, including revenues, expenses, loans, transfers, leasing arrangements, and guarantees, and :amounts receivable from or payable to related parties_ For the purposes of this letter, relat-ed parties mean affiliated or financially interrelated Clrganiz.ations; e ntities for which investments are accounted for by the equity method by the organization; trusts fur the bene fit of employees, such as pension trusts that are managed by or under the trusteeship of management or the governing board; members of the organization' s mana~:,rement and governing board and their immediate families; and otb.er parties with which the organization may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the 1ransacting parties might be prevented from fully pursuing its own separate interests.• such as significant contributors. Another party also is a related party if it can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from :fully pursuing its own separate interests. Additional related parties may include certain national and local affiliates and a separate entity with officers or di rectors also on the nonprofit organization's ~oveming board. b. Guarantees, whether written or oral, under which the Organization is contingently liable. c. A ll accounting estimates that could be materio.l to the financilll statements, including the key factors and significant assumpt ions underlying those estimates, and we beliove the estimares are reasonable in the circumstances. �Rehmann Robson May 19,2008 Page 3 of4 I I. There are no estimates that may be subject to a materia.! change in the near tenn that have not been properly disclosed in the financial statements. We underst:<tnd that near tenn means the period within one year of the date of the financial statements. In addition, we have no knowledge of concentrations existing at the date of the financial statements that make the Organization vulnerable to the risk of severe impact that have not been properly disclosed in the frnaocia.l statements. 12. We are responsible for compliance with the laws, regulations, and provisions of contracts and grant agreements applicable to us; and we have identified and disclosed to you all laws, regulations and provisions of contracts and grant agreements that we believe have a direct and material effect on the detcm1ination of financial statement amounts, or other financial data significant to the audit objectives. 13. Council of Michigan Foundations is an exempt organization under SeGtion 501(c)(3) of the Internal Revenue Code, Any activities of which we are aware that would jeopardize the OrgaJ'Iization' s taX-exempt status, and all activities subject to tax. on unrelated business income or excise or other tax. have been disclosed to you. All required filings with tax authorities are up-to- date. l4. There are noa. Violations or possible violations of Jaws &nd regulations and provisions of contracts and grant agreements whose effectS should be considered for disclosure in the financial statements, as a basis for recording a loss contingency, or tor reporting on noncompliance. b. We are not aware of any pending or threatened litigation, claims, or assessments or uoasserted claims or assessments that arc required to be accrued. or disclosed in the financial statements in accordanc:e with Fina ncial Accounting Standards Board (FASB) Statement No. S, and we have not consulted a lawyer concerning litjgation, claims, or assessments. c. Other liabilities or gain or loss contingencies that are required to be accrued or disclosed byFASB Statement No. 5. d. Designations of net assets disclosed to you that were not properly authorized and approved, or reclassifications of net assets that have not been properly reflected in the financial statements. 15. The Organization has satisfactory title to all owned assets, and there are no liens o r encumbrances on such assets nor has any asset been pledged. 16. We have complied with all restrictions on resources (including donor restrictions) and aJJ a~pects of contractual and gram agreements that would have a material effect on the financial statements in the event of noncompliance. This includes complying with donor requirements to mailltain a specific asset composition necessary to satisfy their restrictions. �Rehmann Robson May 19,2008 Page 4 of4 No events have occurred subsequent to the statement of financial position date and through the date of this le~ ~ustment to, or disclosure in the financial statements. #~ s;;t'~~f~ Signature Title Title �COUNCIL OF MICHIGAN FOUNDATIONS AND SUPPORTING ORGANIZATIONS GRAND HAVEN, MICHIGAN CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE YEARS ENDED MARCH 31, 2008 AND 2007 ~4 REHMANN ROBSON Certified Public Accountants �Council of Michigan F oundations and Supporting Organizations Table of Contents PAGE Independent Auditors' R eport Consolidated Financial Statements for t he Years E nded March 31, 2008 and 2007 Consolidated Statements of Financial Position Consolidated Statements of Activities Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements 2 3-4 5 6-15 Supplementary Information for the Years Ended March 31, 2008 and 2007 Consolidating Statements of Financial Position 16-19 Consolidating Statements of Activities 20-27 Indep endent Auditors' R eport on Internal C ontrol over Financial R eporting and on Compliance and Other Matters Based on an Audit of Financial Statements P erformed in Accordance with Government A uditing S tandards 28-29 �REHMANN ROBSON Certified A member of T H E Public Accountants RE HMA NN GROU P INDEPENDENT AUDITORS' REPORT May 19, 2008 Board of Directors Council of Michigan Foundations Grand Haven, Michigan We have audited the accompanying consolidated statements of financial position of the Council of Michigan Foundations and Supporting Organizations as of March 31, 2008 and 2007, and the related consolidated statements of activities and cash flows for the years then ended. These consolidated financia l statements are the responsibility of the Organization's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America, and the standards applicable to financia l audits contained in Government Auditing Standards issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinions. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Council of Michigan Foundations and Supporting Organizations as of March 31, 2008 a nd 2007, and their changes in net assets and cash flow s for the years then ended in conformity with accounting principles gene rally accepted in the United States of America. In accordance with Government Auditing Standards, we have also issued our report dated May I 9, 2008 on our consideration of Council of Michigan Foundations' internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit. The supplementary information on pages 16 through 27 is presented fo r purposes of additional analysis and is not a required part of the basic financia l statements. T he information has been subjected to the auditing procedures applied in the audit of the basic financial state ments and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements for the years ended March 3 1, 2008, 2007 and 2006 taken as a w hole. ~ ilnndepenllentmember~tf BAKE R TILLY -12330 East Paris Avenue, SE •P.O. Box 6547 • Grand Rapids, Ml 495 16 • 6 16.975.4 100 • Fax 6 16.975.4400 • www.rehmann.com INTERNATIONAL �Council of Michigan Foundations and Supporting Organizations Consolidated Statements of Financial Position March 31 2008 2007 Assets Cash and cash equivalents Investments Grants and contributions receivable Prepaid expenses and other assets Property and equipment, net $ 13,650,242 20,236,904 5,942,594 85,866 406,743 $ 15,832,6 11 20,296,232 13,083,58 1 79,637 456,683 T otal assets $ 40,322,349 $ 49,748,744 Liabilities and net assets Liabilities Accounts payable Grants payable Other liabilities $ $ 287,464 20,500 94,832 T otal liabilities Net assets Unrestricted Undesignated Board designated: Community Foundation Endowment Fund Community Foundation Technology Fund CMF Core Services Endowment Fund Total unrestricted Temporarily restricted Permanently restricted T otal net assets Total liabilities and net assets 355,093 1,4 14,500 364,091 2,133,684 402,796 3,651,479 3,927,4 19 8,580,767 543,3 12 575,651 8,756,546 568,371 13,351,209 16,745,303 8,092, 153 13,252,336 28,001,459 8,092,153 38,188,665 49,345,948 $ 40,322,349 $ 49,748,744 The accompanying notes are an integral part of these combined fi nancial statements. -2- �Council of Michigan Foundations and Supporting Organizations Consolidated Statement of Activities Unrestricted Support and revenue Member contributions Grant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized losses on investments Net assets released from restriction $ For The Year E nded March 31, 2008 Temporarily Permanently R estricted Restricted 1,001,918 350,538 427,103 28,964 15,195 1,431,994 $ (7 ,656) 1,999,399 107,650 $ Total $ 760,448 994,262 2,349,937 534,753 28,964 15, 195 2, 192,442 (846,923) 13,195,841 (920, 156) (13, 195,841) ( 1, 767 ,079) Total support and r evenue 15,604,630 (11,256,156) 4,348,474 Expenses Grants Conferences Publications Fundraising Professional fees Depreciation Programming/administrative 10,652,318 635,964 110,785 136,082 1,226,963 12 1,941 2,621,704 10,652,3 18 635,964 110,785 136,082 1,226,963 121 ,941 2,621,704 Total expenses 15,505,757 15,505,757 Change in net assets Net assets, beginning of year Net assets, end of year 98,873 (11,157,283) (11,256,156) 13,252,336 28,001 ,459 $ 13,351 ,209 $ 16,745,303 $ The accompanying notes are an integral part of these combined financial statements. -3- 8,092, 153 49,345,948 8,092,153 $ 38,188,665 �Council of Michigan Foundations and Supporting Organizations Consolidated Statement of Activities Unrestricted Support and revenue Member contributions Grant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized gains on investments Net assets released from restriction Total support and r evenue Expenses Grants Conferences Publications Fundraising Professional fees Depreciation Programming/administrative Total expenses Change in net assets Net assets, beginning of year Net assets, end of year $ For The Year E nded March 31, 2007 Temporarily Permanently Restricted Restricted $ 949,387 489,375 4 13,817 72,542 5,6 18 1,153,416 63,655 22,48 1, 192 152,505 $ T otal $ 471 ,464 1,0 13,042 22,970,567 566,322 72,542 5,618 1,624,880 524,728 12,277, 107 619,933 (12,277, I 07) 1, 144,661 15,885,990 11,511,642 27,397,632 9,788,975 564,307 17 1,154 157,883 I ,043,795 159,800 2,707,430 9,788,975 564,307 17 1, 154 157,883 I ,043,795 159,800 2,707,430 14,593,344 14,593,344 1,292,646 11 ,511,642 11 ,959,690 16,489,8 17 $ 13,252,336 $ 28,001,459 12,804,288 $ The accompanying notes are an integral part of these combined financial statements. -4- 8,092, 153 36,541 ,660 8,092,153 $ 49,345,948 �Council of Michigan Foundations and Supporting Organizations Consolidated Statements of Cash Flows For The Year Ended March 31 2007 2008 Cash flows from operating activities Change in net assets Adjustments to reconci le change in net assets to net cash (used in) provided by operating activities: Realized and unrealized losses (gains) on investments Loss on the sale of property and equipment Depreciation Changes in assets and liabilities which provided (used) cash: Grants and contributions receivable Prepaid expenses and other assets Accounts payable Grants payable Other liabilities $ (1 1, 157,283) Net cash (used in) provided by operating activities $ 12,804,288 1,767,079 5,366 12 1,941 (1,144,661) 6,757 159,800 7, 140,987 (6,229) 67,629 1,394,000 269,259 (9,930,7 16) (9,541) 160,809 (339,375) (48,642) (397,251) 1,658,719 Cash flows from investing activities Purchases of property and equipment Purchases of investments Proceeds from sale of investments Proceeds from sale of property and equipment (77,367) (7,992,970) 6,285,219 (118,806) (5,130, 165) 1,290,006 6,689 Net cash used in investing activities {1 ,785,11 8) {),952,276} Net decrease in cash and cash equivalents (2,182,369) (2,293,557) 15,832,611 18,126, 168 Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year $ 13,650,242 The accompanying notes are an integral part of these combined fi nancial statements. -5- $ 15,832,611 �Council of Michigan F oundations and Supporting Organizations Notes to Consolidated Financial Statements 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICI ES Organization ami Consolidation The Council of Michigan Foundations ("CMF"), an association of foundations and corporations making grants for charitable purposes, was incorporated in 1975 to enhance, improve and increase philanthropy in Michigan. The Midwest Community Foundations' Ventures ("MCFV"), the Michigan AIDS Fund ("MAF") and Learning to Give ("LTG") are Type I supporting organizations of CMF under the provisions of Internal Revenue Code section 509(a)(3). The accompanying financial statements of CMF have bee n prepared on a consolidated basis to include its supporting organizations. CMF's Board of Trustees exercises significant control over these organizations through the appointment of board members. References to the "Organization" refer to the consolidated group. Basis of Presentation The Organization reports information regarding its financial position and activities according to three classes of net assets depending on the existence or absence of donor-imposed restrictions: unrestricted net assets, temporarily restricted net assets and permanently restricted net assets. Cash and Cash Equivalents Cash and cash equivalents consist of checking accounts and money market funds, which are carried at fair value. The Organization maintains demand deposits in banks, and in the normal course of business, amounts may exceed federally insured limits. Management believes the Organization is not exposed to any significant interest rate or other financial risk on these deposits. In vestm ents Investments are carried at estimated fa ir value, using quoted market prices. Net realized gains and losses and unrealized increases or decreases resulting from changes in the market value of investments are included in the consolidated statements of activities and changes in net assets. The realized gain or loss on the sale of investments is the difference between the proceeds received and the cost of specific investments sold. Property and Equipment and Depreciation Property and equipment are stated at estimated fair value at the date donated or at cost if purchased. Such donations are reported as unrestricted support unless the donor has restricted the donated asset to a specific purpose. Major improvements are capitalized while ordinary maintenance and repairs are expensed. Management annually reviews these assets to determine whether carrying values have been impaired. Depreciation is computed by the straight-line method over the estimated useful lives of the related assets. -6- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements Grants Payable Grants are recognized as an expense when approved by the governing boards of CMF and its supporting organizations if unconditional, or when the related conditions are met by the recipient, if conditional. Grants payable recorded in the accompanying consolidated statements of financial position are generally expected to be paid within one year. As of March 31 , 2008 and 2007, CMF had $ 14,893,395 and $13, 146,880, respectively, in grant awards, for which related conditions have not been met by the intended recipients. Net Asset Classifications The net asset groups used for reporting purposes in the accompanying consolidated financial statements are as follows : Unrestricted Net Assets- Consist of contributed assets that have not been restricted as to use by donors. Certain of these assets have been designated by the governing boards of CMF and its supporting organizations to be used for a specific purpose. These board-designated funds include investment income earned on MCFV Challenge grant assets that will be used to fu nd community foundation programming and technical assistance. Temporarily Restricted Net Assets- Consist of contributed assets for which the use by CMF and its supporting organizations has been limited by donors for a specific time period or purpose. Permanently Restricted Net Assets- Consist of contributions with donor-imposed restrictions that do not expire and that allow, in certain cases, only the income earned thereon to be expended. Income earned that is restricted for a period of time or purpose is recorded as a temporarily restricted net asset. Grant Support Grant support includes contributions from federal and private sources. Grant support received is recorded as unrestricted, temporarily, or permanently restricted support depending on the existence and/or nature of any donor restrictions. A ll grant support is considered to be available for unrestricted use unless specifically restricted by the donor. When a donor restriction expires, that is when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. Contributions ami Un conditional Promises to Give Contributions received are recorded as unrestricted, temporarily restricted or pennanently restricted support depending on the existence and/or nature of any donor restrictions. Unconditional promises to give are recognized as revenues in the period the promises are received. Contributions that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions expire in the year in which the contributions are received. All other donor-restricted contributions are reported as increases in temporarily or permanently restricted net assets depending on the nature of the restrictions. When a restriction has been satisfied or expires, temporarily restricted net assets are reclassified to unrestricted net assets. -7- �Council of Michigan F oundations and Supporting Organizations Notes to Consolidated Financial Statements Use of Estim ates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Income Taxes CMF and its supporting organizations, LTG, MCFV and MAF, are not-for-profit organizations exempt from income taxes under Section 50 I (c )(3) of the Internal Revenue Code and are also exempt from similar state and local taxes. Un employment Claims As a nonprofit organization, CMF has the option of paying for unemployment claims on a reimbursement basis versus making quarterly payments to the Michigan Bureau of Workers & Unemployment Compensation pool. In November 2005, CMF established a policy of self-fu nding possible claims by establishing an accrual based on the current rate for new employers provided by the Michigan Bureau of Workers & Unemployment Compensation. The balance of this accrual at March 31, 2008 and 2007 was $3 1,000 and $53,000, respectively. 2. SUPPORTING ORGANI ZATIONS Midwest Community Foundations' Ventures In November 1993, the Midwest Community Foundations Ventures (MCFV) was incorporated under the name of the Michigan Community Foundations' Youth Project {MCFYP), as a supporting organization of the Council of Michigan Foundations. The main purpose o f MCFYP was to administer theW .K. Kellogg Foundation Youth Challenge grant program. As the need for community fo undations to collaborate more on a regional basis became apparent, MCFV was re-purposed in October 2005 to support collaborative activities by community foundations in Michigan, Ohio, Indiana and Illinois that will contribute to growth in assets, economies of scale, and meeting and maintaining national standards. MCFV has a separate board of trustees appointed by CMF's Board of Trustees to oversee their grantmaking and programming activities. Michigan AIDS Fund CMF formed the Michigan AIDS Fund (MAF) for the purpose of managing a collaborative funding grant program previously administered by CMF. This program acts as a vehicle for CMF members and others to cooperatively fund AIDS-related projects in Michigan. MAF was incorporated in November 1993, with a separate board of trustees appointed by CMF, to oversee the growing activities and grant-making responsibilities of this program. -8- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements Learning to Give Launched in 1997 by the Council of Michigan Foundations, with funding from the W.K. Kellogg Foundation and the Lilly Endowment, the primary purpose of Learning to Give (LTG) is to educate youth, ages 5-18, about the independent sector and developing giving and volunteering skills through free teacher developed and tested lesson plans about philanthropy and volunteerism, which can be accessed at www.learningtogive.org. LTG has since expanded to work with colleges of education on teacher training. Although the work of this project has primarily foc used in Michigan and Indiana, LTG became a supporting organization of the Council of Michigan Foundations on November I , 2004, with the purpose of expanding both nationally and internationally. On March 2, 2006, LTG signed a licensing agreement with a New Jersey based nonprofit tax-exempt organization called the LEAGUE, that has developed a model for schools to compete through a system of points received for volunteer services provided by students throughout the year. In the summer of 2006, the LTG staff was hired by the LEAGUE to provide the training and curriculum that will help insert volunteerism and philanthropy into the LEAGUE's activities occurring throughout the year. LTG current holds two major grants from the Lilly Endowment and W.K. Kellogg Foundation that are being used to support the combined work of LTG and the LEAGU E. 3. ENDOWMENT FUNDS CMF maintains eleven endowment funds. The principal amounts of eight of these funds have been permanently restricted by their donors, whereas the investment income earned on the assets of these funds is either temporarily restricted for the stated purpose of the fund or unrestricted: Russell G. Mawby Endowment Fund to Improve and Increase Philanthropy The Russell G. Mawby Endowment Fund to Improve and Increase Philanthropy was established during 1995 to honor Dr. Mawby's contributions to Michigan philanthropy. Dr. Mawby, former Chairman and CEO of the W.K. Kellogg Foundation, was one of the founders of the Council of Michigan Foundations and served as its first chairman in 1972. The purpose of this Fund is to improve and increase philanthropy by continuing and expanding CMF's efforts to enhance philanthropy and increase charitable resources. Ruth & Russ Mawby Fund for Kids In December of 1995, the W .K. K ellogg Foundation contributed $500,000 to set up the Ruth a nd Russ Mawby Fund For Kids, with the expressed purpose of improving and increasing philanthropy through youth involvement in the State of Michigan. William W. Allen Endowment Fund The purpose of this Fund is to further the understanding of private philanthropy in federal and state legislative and regulatory matters. The endowment was established with restricted contributions from the member foundations of CMF given in honor of a former CMF board member who was also the first Government Relations chairman. -9- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements Dorothy A. Johnson Educational Fund In 1999, the Dorothy A. Johnson Educational Fund was established to honor the founding President and CEO of the Council of Michigan Foundations for her 25 years of service to philanthropy and volunteerism in Michigan and nationwide. The purpose of this fund is to support two objectives: speakers for CMF's Annual Conference, and specialized educational seminars for CMF members. Michigan Community Foundations' Youth Project Endowment Fund In April 2001, the CMF Board of Trustees established the Michigan Community Foundations' Youth Project Endowment Fund through a $1,055,505 contribution from the W.K. Kellogg Foundation. Previously, these funds were restricted by the W.K. Kellogg Foundation for the challenge grant program. With the program objectives nearing completion, the W.K. Kellogg Foundation approved the transfer of the remaining Challenge grant donation of $ 1,055,505 to the Michigan Community Foundation Youth Project Endowment Fund. The purpose of this fu nd is to provide technical assistance to the 86 community foundation youth advisory committees throughout Michigan that were established through the Kellogg Youth Challenge program. Margaret Ann Riecker Leadership Fund In recognition of 26 years of service as a founding Trustee and Chair of the Council of Michigan Foundations, the Margaret Ann Reicker Leadership Fund was esta blished in September of 2002. This fund will be used to support CMF 's leade rship role in increasing, enhancing and improving philanthropy in Michigan. William C. Richardson Endowment Fund In recognition of former W.K. K ellogg Foundation CEO Dr. William C. Richardson' s service to philanthropy in Michigan and his leadersh ip in advancing the engagement of philanthropy in public policy, the W.K. Kellogg Foundation made a $400,000 gift to establish this fund. The purpose of this Fund is to support the ongoing involvement in an intem /fellowship role at CMF by students from Michigan colleges or universities, who are interested in careers involving the nonprofit sector and public policy. Carl F. Reitz Fund for Investment Education In recognition of Mr. Reitz's long time service to C MF and philanthropy in Michigan, the Besser Foundation made a $25,000 gift to establish this fund which was matched by $25,000 from CMF. The purpose of this fund is to support ongoing investment education opportunities for Foundation staff and trustees. -10- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements Market Value March 31 2008 2007 CMF Endowment Funds Russell G. Mawby Endowment Fund to Improve and Increase Philanthropy Ruth & Russ Mawby Fund for Kids William W. Allen Endowment Fund Dorothy A. Johnson Educational Fund Michigan Community Foundations' Youth Project Endowment Fund Margaret Ann Riecker Leadership Fund William C. Richardson Endowment Fund Carl F. Reitz Fund for Investment Education $ 1,737,414 1,009,981 202,292 1,151 ,574 $ 1,819,686 1,044,771 2 12,484 1,207,662 1,380,441 1,371 ,052 431,484 53,835 1,425,335 1,436,583 456,336 56,959 The principal amounts of the follow ing funds have been set aside on the statement of net assets as board designated funds: Board Designated - Community Foundation Endowment Fund On October 12, 1995, the Michigan Community Foundations' Youth Project (MCFYP), now known as the Midwest Community Foundations' Ventures (MCFV), Board of Trustees established the Community Foundation Endowment Fund from the interest earned on the grant dollars recei ved from the W.K. Kellogg Foundation to establish the Kellogg Youth Challenge. In October 1999, MCFYP transferred this fund to the Council of Michigan Foundations. Board Designated - Community Foundation Technology Fund In February 2003, the CMF Board of Trustees established the Community Foundation Technology Fund from the accumulated interest earnings and repaid loans from the W.K. Kellogg Foundation Computer Grant in accordance with the original grant proposal. The purpose of this fund will be to help support the ongoing technology needs of community foundations in Michigan. Board Designated- CMF Core Services Endowment Fund In May 2007, $600,000 was transferred from the accumulated core services surplus fund balance to establish this fund . The purpose of this fund is to support and enhance the core services provided to CMF members. Market Value March 31 2008 2007 Board Designated -Community Foundation Endowment Fund Community Foundation Technology Fund CMF Core Services Endowment Fund -11- $8,580,767 543,312 575,651 $8,756,546 568,371 �Council of Michigan F oundations and Supporting Organizations Notes to Consolidated Financial Statements Learning to Give maintains one endowment fund . Learning to Give Endowment Fund In February 2006, the W.K. Kellogg Foundation awarded a $3 million endowment grant that will be used to secure the work of Learning to Give in defining and creating school-based K-12 philanthropy education by teaching children in schools and youth organizations the concept about giving their time, talent, and treasure for the common good. The fund had a market value of $3,082,509 and $3,330,4 13 as of March 31, 2008 and 2007, respectively. 4. I NVESTMENTS Investments are presented in the Consolidated financial statements at their aggregate market value and are composed of the following at March 3 I: 2007 2008 Cost Market Cost Market Equity investments Fixed income investments $10,865,970 5,046, 108 $ 15, 154,286 5,082,618 $11 ,171,439 6,036,936 $1 4, 189,925 6, 106,307 T otal $15,912,078 $20,236,904 $17,208,375 $20,296,232 5. GRANTS AND CONTRIBUTIONS RECEIVABLE CMF recognizes pledges from donors as revenue when they become unconditional. An unconditional promise represents a promise made by grantors/donors to give specified amounts to CMF in the fumre which are not contingent on CMF performing any specific substantive actions (e.g., raising matching amounts). Multi-year pledges expected to be collected in more than one year are discounted to present value of future cash flows. Management believes that all grants and contributions receivable will be fully collected. CMF's grants and contributions receivable consist of unconditional promises by donors to be received as follows as of March 31: 2008 2007 Less present value discount (at 5.25%) $5,757,546 195,000 5,952,546 9,952 $ 8, 154,630 5,365,980 13,520,610 437,029 Total $5,942,594 $13,083,581 Receivable in less than one year Receivable in one to five years The majority of the grants and contributions receivable represent funds that will be regranted to other tax exempt not-for-profit public charities in future years. -12- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements 6. PROPERTY AND EQUIPMENT Property and equipment is summarized as fo llows at March 31 : 2008 2007 Less accumulated depreciation $ 482,704 824,365 172,405 1,479,474 1,072,731 $ 482,704 874,604 175,215 1,532,523 1,075,840 Total $ 406,743 $ 456,683 Buildings Equipment Furnishings 7. LEASES Council of Michigan Foundations leases office space in Detroit under operating lease agreements which expire on March 31, 2009. The Organization also leases other space under a month-to-month lease agreement w ith monthly payments of $ 1,700. The Organization leases an automobile and a copier under lease agreements which expire in April 2009 and April 2012, respectively. Total rentals paid during the years ended March 31, 2008 and 2007 on these leases totaled approximately $70,000 and $71,000, respectively. The following is a schedule of annual future minimum lease payments required under operating leases with initial or remaining noncancelable lease terms in excess of one year as of March 3 1, 2008: Year Amount 2009 2010 2011 2012 $ 42,099 Total minimum payments due $ 50,919 2,940 2,940 2,940 -13- �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements 8. RESTRICTED NET ASSETS Temporarily restricted net assets consist of the following at March 31 : 2008 C MF Tobacco Settlement Individual Development Accounts Technology Project Foundation Liaison CMF Endowment Funds Infrastructure Support Detroit Office Support Early Childhood Diversity & Inclusiveness Miscellaneous Total CMF $ MCFV Kellogg Youth Initiative Partnership Access to Recreation Miscellaneous Total MCFV MAF Public Policy Mpowennent Miscellaneous Total MAF LTG Lilly Endowment Fund Support LTG Kellogg LTG Endowment Fund M isce11aneous Total LTG Total -14- 152,946 7,483 50,623 146,933 2,179,984 292,344 25,000 3,060,500 141 ,292 244,905 6,302,010 2007 $ 152,946 133,074 12 1,430 434,784 2,503,026 450,000 50,000 4,213,907 106,066 8,165,233 4,74 1,580 4,696,685 5 1,605 9,489,870 6,456,130 10,954,694 99 180 17l510,004 2,092 69,267 39,746 llll105 64,061 155,684 5 1,573 271l318 34,809 725,000 82,509 842l318 343,242 1,38 1,250 318,947 11 ,465 2l054l904 $16z745z303 $28z001z459 �Council of Michigan Foundations and Supporting Organizations Notes to Consolidated Financial Statements Permanently restricted net assets, which are held in the various endowment funds as disclosed in note 3, consist of the following at March 31, 2008 and 2007: CMF Russell G. Mawby Endowment Fund to Improve and Increase Philanthropy Ruth & Russ Mawby Fund for Kids William W. Allen Endowment Fund Dorothy A. Johnson Educational Fund Michigan Community Foundations' Youth Project Endowment Fund Margaret Ann Riecker Leadership Fund William C. Richardson Endowment Fund Carl F. Reitz Fund for Investment Education Total CMF LTG Learning to Give Endowment $ 1,0 12,893 502,609 70,537 983,127 1,055,505 1,0 17,482 400,000 50,000 5,092,153 3,000,000 Total $ 8,092,153 9. ANNUITY PLAN CMF has established a tax-deferred annuity plan that covers substantially all employees and enables eligih le employees to contrihute :l portion of their s:Jlary to the p lan, suhject to an annual limitation as prescribed by federal tax regulations. CMF also contributes, for the benefit of each employee, an amount equal to 8% of each eligible employee's salary, plus an additional dollar for dollar match up to 2% of the eligible employee's annual salary. CMF recognized contribution expense of $131 ,593 in 2008 and $ 137,464 in 2007 related to the p lan. 10. MANAGEMENT SERVICES AGREEMENT CMF provides accounting and administrative services to the Michigan AIDS Fund. The revenues and related expenses for these services charged to MAF are eliminated in the preparation of the consolidated financial statements. 11. RESTATEMENT For the year ended March 3 1, 2007, grant support revenue and grant expense for the Michigan Aids Fund were increased by $119,075 to properly reflect the payment of stipends to Americorps program employees by the National Aids Fund. Inclusion of these stipends is necessary to report the total actual cost of running this program. Because these stipends were actually paid by a third party supporter of the program, they were recorded as an expense and offsetting revenue. ***** -15- �SUPPLEMENTARY INFORMATION �Council of Michigan Foundations and Supporting Organizations Consolidating Statement of Financial Position March 31 , 2008 (with comparative totals as of March 31, 2007) Council of Michigan Foundations Assets Cash and cash equivalents Investments Grants and contributions receivable Due from other funds Prepaid expenses and other assets Property and equipment, net Total assets Liabilities and net assets Liabilities Accounts payable Grants payable Due to other funds Other liabilities $ 8,336 3,079,344 $ 940,050 6,452,028 4,662,699 77, 104 397,784 1,987 $ 29,789,523 $ $ 355,093 1,342,500 5,226,895 330,091 $ Total liabilities 4,027,730 $ 11 ,11 6,714 $ 7,254,579 Net assets Unrestricted U ndesignated Board designated Community Foundation Endowment Fund Community Foundation Technology Fund CM F Core Services Endowment Fund 1,44 1,05 1 185 ,4 12 1,626,844 11 , 140,78 1 6,302,0 10 5,092, 153 185,4 12 842,3 18 3,000,000 1,626,844 9,489,870 22,534,944 4,027,730 11 ,116,714 8,580,767 543,3 12 575,651 Total unrestricted Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets 6,573,703 17, 157,560 5,583,372 $ Learning to G ive M idwest Community Foundations' Ventures $ 29,789,523 - 16- $ 4,027,730 $ 11 ,116,714 �Michigan AIDS Fund $ 616, 175 Consolidated Elimination s $ 2008 $ 359,222 13,650,242 20,236,904 5,942,594 2007 $ 15,832,6 11 20,296,232 13,083,58 1 (5,602,749) 8,762 6,972 $ 991,131 $ $ (5,602,749) $ 72,000 375,854 34,000 (5,602, 749) 481,854 (5,602,749) $ 40,322,349 $ 49,748,744 $ 355,093 1,41 4,500 $ 287,464 20,500 364,09 1 94,832 2,133,684 402,796 3,65 1,479 3,927,41 9 8,580,767 543,3 12 575,65 1 8,756,546 568,371 398, 172 111 ,105 13,351,209 16,745,303 8,Q92, 153 13,252,336 28,00 1,459 8,092, 153 509,277 38,188,665 49,345,948 398,172 $ 79,637 456,683 85,866 406,743 991,131 $ (5,602,749) $ 40,322,349 $ - 17- 49,748,744 �Council of Michigan Foundations and Supporting Organizations Con solidating Statement of Fin ancial Position March 31 , 2007 (with comparative totals as of March 31, 2006) Council of Michigan Foundations Assets Cash and cash equivalents Investments G rants and contributions receivable Due from other funds Prepaid expenses and other assets Property and equipment, net Total assets Liabilities and net assets Liabilities Accounts payable Grants payable Due to other funds Other liabilities $ 35,740 3,288,057 $ 7,403 ,730 11,21 1,070 1,897,725 72,0 16 422,470 18,368 $ 38,095,540 $ $ 287,464 $ 5,221,522 $ 18,633,168 $ 13,007,290 94,832 Total liabilities 13,389,586 Net assets Unrestricted U ndesignated Board designated Community Foundation Endowment Fund Community Foundation Technology Fund 2, 123,65 1 166,6 18 1,123, 164 11 ,448,568 8, 165,233 5,092,153 166,6 18 2,054,904 3,000,000 1,123,164 17,510,004 24,705,954 5,221 ,522 18,633,168 8,756,546 568,371 Total unrestricted Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets 7,805,324 17,008, 175 12,787,555 $ Learning to G ive M idwest Community Foundations' Ventures $ 38,095,540 - 18- $ 5,221,522 $ 18,633,168 �M ichigan AIDS Fund $ 587,8 17 Consolidated Elimination s $ 2007 $ 296,026 15,832,6 11 20,296,232 13,083,58 1 2006 $ 18,126, 168 15,311,412 3,152,865 ( 13,108,795) 7,62 1 15,845 $ 907,309 $ 20,500 101 ,505 $ (13,108,795) $ 49,748,744 $ 37,171,664 $ $ 287,464 20,500 $ 126,655 359,875 ( 13, 108,795) 94,832 143,474 402,796 630,004 3,927,4 19 3,336,41 1 8,756,546 568,37 1 8,097,800 525,479 5 13,986 27 1,3 18 13,252,336 28,001,459 8,092, 153 11 ,959,690 16,489,817 8,092, 153 785,304 49,345,948 36,541,660 122,005 (13, I 08,795) 5 13,986 $ 70,096 5 11 , 123 79,637 456,683 907,309 $ (13,108,795) $ 49,748,744 $ - 19- 37,171,664 �Council of Michigan F oundations and Suppor ting Organizations Consolida ting Statement of Activities For T he Year E nded M arch 31, 2008 (with comparative totals for the year ended March 31, 2007) Unrestricted Supporta nd revenu e Member contributions Grant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized losses on investments Net assets released from restriction $ 1,001 ,9 18 ( 1,753) 427, 103 28,943 4 1,39 1 890, 147 Council of Michigan Foundations Temporarily Permanently Restricted Restricted $ (7,656) 1, 185,431 107,650 $ Total $ 546,024 994,262 I , 183,678 534,753 28,943 41 ,39 1 1,436, 171 (846,923) 3,078,843 (6 15,829) (3,078,843) ( 1,462,752) Total support and r evenue 4,619,669 ( 1,863,223) 2,756,446 Exp enses Grants Conferences Publications Fund raising Professional fees Depreciation Programming/administrative I ,539,289 584,979 I 07,089 56,849 629,830 96,687 1,907,273 I ,539,289 584,979 107,089 56,849 629,830 96,687 I ,907,273 Tot.a l expen ses 4,921 ,996 4,921,996 Deficien cy of revenues under expenses Transfers C ha nge in net assets Net assets, beginning of year Net assets, end of year (302,327) ( 1,863,223) (2, 165,550) (5,460) (307,787) (5,460) ( 1,863,223) (2, 171 ,0 10) I I ,448,568 8, 165,233 5,092, 153 24,705,954 $ 11,140,781 $ 6,302,0 10 $ 5,092, 153 $ 22,534,944 -20- �Unrestricted Lea rning to Give T empor a rily Per ma nen tly Restricted Restricted $ $ $ M idwest Com m unity Foundations' Ventures Temp orarily Un restricted Restricted Total $ $ 21 21 21 21 27,292 214,424 (304,327) ( I, 122,683) (304,327) 1,150,017 ( I ,212,586) $ 482,839 8,000 496,666 241,7 16 1,122,683 $ 31,529 5 14,368 8,000 496,666 8,502,973 (8,502,973) (62,569) 9,039, 168 (8,020, 134) 8 14,250 4,293 8 14,250 4,293 7,915,204 9,234 7,915,204 9,234 1,58 1 I ,581 3 11,099 3 11,099 486,229 16,38 1 113,900 486,229 16,381 113,900 1,131,223 1, 13 1,223 8,540,948 8,540,948 18,794 (1, 193,792) ( I ,2 12,586) 498,220 (8,020, 134) 5,460 $ T otal 18,794 ( I ,2 12,586) 166,61 8 2,054,904 3,000,000 5,22 1,522 842,3 18 $ 3,000,000 $ 4,027,730 185,412 $ (1, 193,792) 503,680 $ I ,019,034 (7,52 1,9 14) 5,460 (8,020, 134) (7 ,5 16,454) 1, 123, 164 17,5 10,004 18,633,168 I ,626,844 $ 9,489,870 $ 11, 116,7 14 Continued ... -2 1- �Council of Michigan F oundations a nd Supporting Organizations Consolidating Statement of Activities (Concluded) For The Year Ended March 31, 2008 (with compar ative totals for the year ended March 31 , 2007 Michigan AIDS Fund Temporarily Restricted Unrestricted Supportandrevenue Member contributions G rant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized losses on investments Net assets released from restriction $ $ 320,741 Total $ 331 , 129 Eliminations $ 651,870 (34, 196) 17,889 17,889 491,342 (491,342) Total support and revenue 829,972 (160,213) Expenses G rants Conferences Publications Fund raising Professional fees Depreciation Programming/administrative 383,575 37,458 3,696 79,233 119,323 8,873 313,628 383,575 37,458 3,696 79,233 119,323 8,873 313,628 Tot.al expen ses 945,786 945,786 Deficiency of revenues under expenses (34, 196) 669,759 (115,8 14) (160,213) (276,027) C ha nge in net assets (115,814) ( 160,213) (276,027) Net assets, beginning of year 513,986 271 ,318 785,304 (I 0,000) (24, 196) (34, 196) Transfers Net assets, end of year $ 398, 172 -22- $ Ill , 105 $ 509,277 $ �Unrestricted $ 1,001 ,918 350,538 427, 103 28,964 15, 195 I ,431 ,994 Consolidated Temporarily Restricted Permanently Restricted $ $ (7,656) 1,999,399 107,650 Totals 2008 $ 760,448 994,262 2,349,937 534,753 28,964 15,195 2, 192,442 2007 $ I ,0 13,042 22,851 ,492 566,322 72,542 5,6 18 I ,624,880 (846,923) 13,195,841 (920, 156) ( 13,195,841) (1 ,767,079) 1,144,661 15,604,630 ( 11,256, 156) 4,348,474 27,278,557 2,621,704 I 0,652,318 635,964 110,785 136,082 I ,226,963 12 1,94 1 2,621 ,704 9,669,900 564,307 171 , 154 157,883 I ,043,795 159,800 2,707,430 15,505,757 15,505,757 14,474,269 I 0,652,318 635,964 110,785 136,082 1,226,963 121,941 98,873 (1 1,256,156) ( 11,157,283) 12,804,288 98,873 (1 1,256, 156) ( 11, 157,283) 12,804,288 13,252,336 28,001 ,459 8,092, 153 49,345,948 36,54 1,660 $ 13,35 1,209 $ 16,745,303 $ 8,092, 153 $ 38,188,665 $ 49,345,948 -23- �Council of Michigan Foundations and Supporting Organizations Consolidating Statement of Activities For The Year Ended March 31, 2007 (with comparative totals for the year ended March 31, 2006) Unrestricted Supporta ndrevenue Member contributions Grant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized gains on investments Net assets released from restriction $ 949,387 6,500 4 13,817 65,452 43,526 564,970 Council of Michigan Foundations Permanently Temporarily Restricted Restricted $ 63,655 7,066,720 152,505 $ Total $ I ,0 13,042 7,073,220 566,322 65,452 43,526 892,734 327,764 969,4 14 524,728 4,751,545 444,686 (4,751 ,545) Total support and revenue 7,319,925 3,303,785 Expenses Grants Conferences Publications Fund raising Professional fees Depreciation Programming/administrative 3,207,900 539,223 166,798 51 ,983 466,089 119,587 I ,987,066 3,207,900 539,223 166,798 51,983 466,089 119,587 I ,987,066 Total expen ses 6,538,646 6,538,646 C ha nge in net assets Net assets, beginning of year Net assets, end of year 10,623,7 10 781,279 3,303,785 I 0,667,289 4,86 1,448 5,092,153 20,620,890 $ I I ,448,568 $ 8,1 65,233 $ 5,092, 153 $ 24,705,954 -24- 4,085,064 �Unrestricted Learning to Give Temporarily Permanently Restricted Restricted $ $ 1,020 7,090 1,776 54,806 $ $ 91,675 92,695 143,700 7,090 1,776 198,506 175,247 (695,508) 175,247 695,508 760,200 (284,886) $ Total $ 14,931 ,66 1 507,714 14,93 1,661 507,7 14 6,54 1,01 7 (6,541 ,0 17) 475,3 14 7,048,73 1 8,390,644 2 18,750 6,296 2,207 2 18,750 6,296 2,207 6, 124,000 1,736 6, 124,000 1,736 85,029 85,029 401 ,207 401 ,207 433, 190 29,4 12 70,621 433,190 29,4 12 70,621 7 13,489 7 13,489 6,658,959 6,658,959 46,71 1 $ $ Total Midwest Community Foundations' Ventures Temporarily Unrestricted Restricted (284,886) (238, 175) 15,439,375 389,772 8,390,644 8,780,416 119,907 2,339,790 3,000,000 5,459,697 733,392 9, 119,360 9,852,752 166,618 $ 2,054,904 $ 3,000,000 $ 5,22 1,522 $ 1, 123, 164 $ 17,5 10,004 $ 18,633, 168 Continued ... -25- �Council of Michigan Foundations and Supporting Organizations Consolidating Statement of Activities (Concluded) For The Year Ended March 31, 2007 (with comparative totals for the year ended March 31, 2006) Michigan AIDS Fund Temporarily Unrestricted Restricted Supporta ndrevenue Member contributions Grant support Conferences Publications Other income Investment income, net of fees Net unrealized and realized gains on investments Net assets released from restriction $ $ 481,855 Total $ 391,136 $ 872,991 (39,684) 25,926 25,926 289,037 (289,037) Total support and revenue 796,818 102,099 Expenses Grants Conferences Publications Fund raising Professional fees Depreciation Programming/administrative 238,325 17,052 2, 149 I 05,900 78,387 10,80 1 269,320 238,325 17,052 2,1 49 105,900 78,387 10,801 269,320 Total expen ses 721,934 721 ,934 898,917 C ha nge in net assets 74,884 I 02,099 176,983 Net assets, beginning of year 439,102 169,2 19 608,32 1 Net assets, end of yea r Eliminations $ -26- 5 13,986 $ 271 ,318 $ 785,304 (39,684) (18,900) (20,784) (39,684) $ �Unrestricted Consolidated Temporarily Restricted Permanently Restricted $ $ $ 949,387 489,375 41 3,817 72,542 5,618 1,153,416 63,655 22,481 , 192 152,505 Totals $ 47 1,464 524,728 12,277,107 619,933 ( 12,277, 107) 15,885,990 11,511,642 2007 I ,013,042 22,970,567 566,322 72,542 5,6 18 I ,624,880 2006 $ I ,6 18,995 10,121 ,585 496,683 30,672 59,209 I ,535,442 1, 144,66 1 9 15,843 27,397,632 14,778,429 9,788,975 564,307 171,154 157,883 I ,043,795 159,800 2,707,430 9,788,975 564,307 17 1, 154 157,883 I ,043,795 159,800 2,707,430 4,883,982 5 15,673 164, 141 125, 166 973,7 15 183,268 3,075,8 10 14,593,344 14 ,593,344 9,92 1,755 12,804,288 4,856,674 1,292,646 11,511 ,642 11,959,690 16,489,8 17 8,092, 153 36,541 ,660 3 1,684,986 $ 13,252,336 $ 28,00 I ,459 $ 8,092, 153 $ 49,345,948 $ 36,541 ,660 -27- �INTERNAL CONTROL AND COMPLIANCE �REHMANN ROBSON Certified A member of T H E Public Accountants RE HMA NN GROU P I NDEPENDENT AUDITORS' REPORT O N INTER NAL CONTROL OVER FINANCIAL R EPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS P ERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS May 19,2008 Board of Directors Council of Michigan Foundations Grand Haven, M ichigan We have audited the consolidated financial statements of the Council of Michigan Foundations as of and for the year ended March 3 1, 2008, and have issued our report thereon dated May 19,2008. We conducted o ur audit in accordance with auditing standards generally accepted in the U nited States of America and the standards applicable to financia l audits contained in Government Auditing Standards, issued by the Comptroller General of the Un ited States. Internal Control Over Financial Reporting In planning and performing our audit, we considered the Council of Michigan Foundations' internal control over financial reporting as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but not for the pu rpose of expressing an opinion on the effectiveness of the entity's internal control over financia l reporting. Accordingly, we do not express an opinion on the effectiveness of the entity's internal control over financial reporting. A control deficiency exists when the desig n or operation o f a control does not allow management or employees, in the nonnal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a contro l deficiency, or combination of control deficiencies, that adversely affects the entity's ability to initiate, authorize, record, process, or report financ ial data reliably in accordance with generally accepted accounting princ iples such that there is more than a remote likelihood that a misstatement of the entity's financial statements that is more than inconsequential will not be preven ted or detected by the entity 's internal control. A material weakness is a significant deficiency, or combination of significant deficiencies, that results in m ore than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the entity's internal control. Our consideration of internal control over financia l reporting was for the limited purpose described in the first paragraph of this section and would not necessarily identify all deficiencies in internal control that might be significant deficiencies or material weaknesses. We d id not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses, as defined above. ~ ilnndepenllentmember~tf BAKE R TILLY -282330 East Paris Avenue, SE •P.O. Box 6547 • Grand Rapids, Ml 495 16 • 6 16.975.4 100 • Fax 6 16.975.4400 • www.rehmann.com INTERNATIONAL �C omplia11 ce a11d Other Mlltters As part of obtaining reasonable assurance about whether the Council of Michigan Foundations' financial statements are free of material misstatement, we performed tests of its compl iance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which cou ld have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. This report is intended solely for the infom1ation and use of the Board of D irectors, management, federal awarding agenc ies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. -29- � 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_2008-10-13_Financials Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50743 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/0ed79cdb3ce331469e04a7068ef739f4.pdf f8aa8d84a4e184a51c9990f706ef92db PDF Text Text October 3, 2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Carol Goss, Chairperson, Governance Committee cc: Rob Collier, President Re: Report of the Governance Committee- Action Requested The Governance Committee met by conference call on August 4, August 19 and on September 19 for three purposes: • • • To present Trustees for the Class of2011 for election by the membership, including three new Trustees, To discuss the Board's role in the Diversity and Inclusion Initiative, and To discuss the Board Development section of the October 13 Agenda The Governance Committee looks forward to discussing the results of our work and the following recommended Resolutions with you at the Board Meeting. I. Special Tribute As you know we lost two valued leaders and CMF Trustees this year with the passing of Lloyd Yeo, President of the Wickson-Link Memorial Foundation in Saginaw, and Gerald Smith, President & CEO, ofYouthVille Detroit. We will note their passing at the Annual Members Meeting on Monday morning October 13 before the Board and are asking for your approval of the following resolutions of tribute. RESOLVED that the CMF Board of Trustees extends its appreciation to the family of Lloyd Yeo in gratitude for his dedicated service as trustee, treasurer, member of the Audit Committee and for his many years of leadership in strengthening and increasing philanthropy in Saginaw and Michigan. RESOLVED that the CMF Board of Trustees extends its appreciation to the family of Gerald Smith in gratitude for his dedicated service as trustee, co-chair of the 351h Annual Conference, officer of the Michigan AIDS Fund, member of the Public Policy Committee and for his visionary and tireless leadership on behalf of the youth of Detroit as founder of the Detroit Youth Foundation. II. Term Limited Trustee The bylaws of CMF limit trustees to nine years of service. This year we must report that Diana Sieger, our Board Chairperson, completes her nine years of service to CMF and is therefore term limited. In recognition of her outstanding leadership, we offer the following resolution for your consideration and approval. �RESOLVED that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Diana Sieger, President of the Grand Rapids Community Foundation, for her nine years of dedicated service as a Trustee of CMF, including: chairing the Community Foundations Committee, supporting the transition of our supporting organization to Midwest Community Foundations' Ventures, leading development ofthe Cultural C ompetency Plan and Organizational Analysis, and chairing the Board of Trustees for the two years 2006 to 2008, and we welcome Diana' s continued involvement with CMF and advocacy for philanthropy as a member of CMF' s Advisory Cabinet. III. Class of 2011 The membership has approved the election of the slate of trustees as attached for the Class of2011. We are grateful to the following six trustees for agreeing to serve again: • • Melonie B. Colaianne, President, MASCO Corporation Foundation, Taylor David 0. Egner, President and CEO, Hudson-Webber Foundation, Detroit • • Russell L. Gabier, Secretary/Trustee, Irving S. Gilmore Foundation, Kalamazoo Phillip H. Peters, V.P. Administration, Charles Stewart Mott Foundation, Flint • Margaret E. Thompson, Trustee, Harry A. and Margaret D. Towsley Foundation, Midland • Christian A. Velasquez, Trustee, Midland Area Community Foundation, Midland After considering a number of qualifies candidates, the Comm ittee is pleased that the following three individuals have agreed to serve: • Hugo E. (Ted) Braun, Jr. , President, Harvey Randall W ickes Foundation, Saginaw • Andrea M. Cole, Executive Director & CEO, Ethel and James Flinn Foundation, Detroit • Brenda L. Hunt, President and CEO, Battle Creek Community Foundation, Battle Creek Therefore, we ask fo r approval of the following resolution: RESOLVED that the actions of the Governance Committee on the Class of 2011, as detailed in the attached ballot (Attachment A), be accepted. IV. Board Development Opportunity for the October 13 Meeting We are delighted to have Ralph Smith, Chair of the Council on Foundations, as our guest at the Board Meeting on October 13. A copy of Ralph's bio is in your Board book, along with his priorities as Chair ofCOF, and a section from the Council on Foundations Strategic Plan that specifically addresses the relationship with regional associations of �grantmakers. As CMF moves forward with the Diversity and Inclusion Initiative, our conversation with him will be both challenging and inspiring. V. Diversity and Inclusion Initiative The Governance Committee has been charged with oversight of the Initiative and along with several other CMF members serves as the Advisory Committee for the Initiative. As noted in the Initiative update under the President's Report, we had our first meeting in June immediately after a very successful CEO Roundtable facilitated by Mary Ellen Capek, a lead consultant with the Diversity in Philanthropy Project. As part of the baseline data collection, Chair Sieger, immediate past Chair Fisher Cummings and Committee Chair Goss have been interviewed about CMF Policies and Practices relative to diversity and inclusive practice by Initiative evaluators from the Community Research Institute, Johnson Center for Philanthropy & Nonprofit Leadership, at Grand Valley State University. At the September 19 Committee Conference Call the Committee reviewed the proposed required capacities and scope of work for potential consultants to help the Board in its training, policy and process reviews. The Committee also reviewed the proposed text for the introduction to the Diversity Perceptions Survey that the Community Research Institute w ill be completing later in October. All Trustees are asked to complete this 15 minute survey. As we will discuss at the Board Meeting, we encourage all Trustees to save the March 2-4, 2009 dates for the Knowledge Symposium on Becoming a Diverse and Inclusive Foundation. Finally, the Committee recommends that the Board ofCMF adopt the following DRAFT resolution incorporating the five principles from the Diversity in Philanthropy Project (DPP) included with this report as Attachment B. This Resolution supports CMF Guiding Principle number 6, one of the 7 Guiding Principles required of membership: "Strive to include the perspectives, opinions, and experiences of the broadest possible cross-section of people to inform the foundation through its grantmaking, through the composition of its Board, committees, staff and advisors/consultants and through its business practices." RESOLVED that we encourage all foundation leaders to embrace the following common principles that promote a broad approach to diversity, equity and inclusion as a matter of fairness and effectiveness in our profession by believing in: • Mutual Respect - fundamentally valuing and respecting experiences different from our own, • Freedom and Flexibility- respect for each individual foundation ' s commitment to address those aspects most germane to its mission, • Knowledge and Creativity- becoming more creative and informed investors • An Intentional Approach -formalizing meaningful goals in our governance and programming • Transparency - regularly reporting progress and lessons learned �October 6, 2008 To: Diana Sieger, Chairperson, and Members of the Board ofTrustees From: Carol Goss, Chairperson, Governance Committee cc: Rob Collier, President Re: Slate of Officers for 2008-09 On behalf of the members of the Governance Committee, I am pleased to present the following slate of officers for approval for the next year. Slate of Officers for 2008-09 RESOLVED that the following individuals be elected to the offices as specified for a one-year term effective October 14, 2008. Chairperson - Melonie Colaianne, President, MASCO Corporation 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- Caroline Chambers, President, Comerica Charitable Foundation Secretary- John Colina, President, Colina Foundation Treasurer- Phillip Peters, Vice President- Administration and Secretary, Charles Stewart Mott Foundation President- Robert Collier We are grateful to Melonie for agreeing to serve as Chair of the Board and to Libby, Betsy, and Phil for agreeing to continue their service as officers. We welcome Caroline and John to the Executive Committee and appreciate their willingness to serve. � 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_2008-10-13_Governance-Committee Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book governance committee Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-10-13 board book governance committee. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50744 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/21b3a54f9477c7441f5bddb5bfa20548.pdf 0fed3ff2731901a3fdff8d5067dbb584 PDF Text Text Council of Michi an CMF Foun~ations Serving grantmakers. Advancing giving. October 3, 2008 To: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Andrea Cole and Carol Paine McGovern, Co-Chairs Government Relations Committee cc: Rob Collier, President Re: Report of the Government Relations Committee The Annual Meeting ofthe Government Relations Committee was held on September 17 with participation by 12 of the 28 members either by phone or in person. All participants in Foundations on the Hill are invited to participate in the Government Relations Committee. The following report with recommended action is presented for your consideration. I. Update of Legislative Goals Statement RESOLVED that the Legislative Goals Statement, as attached, be adopted for 2008-09 as recommended by the Government Relations Committee. B ackground - National and State Legislative and Regulatory Issues Mr. Collier reviewed the proposed Action Goals for National Legislative Issues: simplification of the excise tax on private foundations to a revenue neutral number; extension of the IRA Charitable Rollover; reinstatement of the federal state estate tax credit; and exemption from UBIT when investing in securities that involve debt. He noted that extension of the IRA Charitable Rollover may still occur in 2008 and shared the conclusions of Cambridge Associates in doing their analysis of a revenue neutral number on the Excise Tax. He then reviewed the proposed Action Goals for State Legislative Issues: monitoring the community foundation tax credit; updating the Unifonn Management of Institutional Funds Act (UMIFA); amending the LLC Act to create the Low-profit limited liability corporation (L3C), and monitoring the activ ities of the Greenlining Institute in possibly introducing legislation in Michigan. Duane Tarnacki from Clark Hill, CMF legal counsel, commented on the L3C legislation and the two bills passed this year to update the Michigan Nonprofit Corporation Act. II. Update from Office of the Foundation Liaison and Public Policy Fellow Karen Aldridge-Eason and Maura Dewan summarized the activities of the Office of the Foundation Liaison in Lansing with the Governor' s Office and State Departments as noted in the attachment to the President's Report and Dana Linnane commented on the Public Policy Activities summarized in the Public Policy Report also included in the Board of Trustees materials. �Government Relations Report October 2008 Page 2 III. Other Issues and 2009 Foundations on the Hill Mr. Collier shared information from three national partners. First, the Council on Foundations has noted the September 8 Roundtable discussion on College Endowments held by Senator Grassley and Representative Welch. This issue is being monitored because of the likely impact it will have on community foundations if a required payout is introduced. Second, the Alliance for Charitable Reform has noted the continued efforts by the Greenlining Institute to have more states introduce legislation dealing with required reporting on diversity by foundations and their grantees and vendors. He noted that the Board of CMF took a position on this issue at its May Meeting and it has been added to our state goals. Third, the Daily Policy Digest from Independent Sector highlighted a speech by the tax legislative counsel to Senator Grassley in which she stated that the Senator intends to make a "hard push" to review all of the charitable provisions in the tax code as Congress attempts to accomplish tax refonn. Co-Chair Andrea Cole noted the tone of the article from The Chronicle of Philanthropy supports this and recommended that all read "Paying it Forward and Back." Co-Chair Carol Paine-McGovern invited all to save the dates of March 24 & 25, 2009 for CMF's 31st annual trip to Washington to meet with members of our Congressional Delegation noting that this will be a vital year for tax policy. �CMF Council of M ichigan Founcfations Serving grontmakers. Advancing giving. 2008-09 Legislative Goals Statement The purpose of the Government Relations Cmmnittee of the Council of Michigan Foundations is to seek support for legislative and regulatory changes at both the state and national levels that will help to strengthen, promote and increase foundation and corporate philanthropy. The CMF Board of Trustees approved the initial Legislative Statement on March 1, 1979. Revised statements were approved September 19, 1980; January 27, 1982; May 10, 1983; June 14, 1985; April 12, 1988; February 25, 1992; November 4, 1992; November 8, 1995; October 30, 1996; March 13, 1997; November 4, 1998; October 14, 1999; October 2, 2000, October 2, 2001, September 29, 2002, November 10, 2003, November 3, 2004, October 10,2005, October 17,2006, October 22,2007, and October 13, 2008. Table of Contents Introduction ........................................................page 1 National Goals Accomplished•...•.. ....•......•........•.......page 2 State Goals Accomplished ........................................page 3 National Legislative Issues- Action Goals ................... page 3 National Legislative Issues- Ongoing Goals.. ............•.. page 6 State Legislative Issues- Action Goals ....................... page 11 State Legislative Issues- Ongoing Goals ....................page 13 I. INTRODUCTION Foundation and corporate giving has long been a unique part of American society, supported by appropriate federal and state legislation and regulations. While there have been reforms at both levels of government to encourage giving, there have also been provisions in past legislation, such as the 1969 Tax Act, and regulations that serve as disincentives for the creation of new foundations, as well as discourage charitable donations to existing foundations. Because the mission of CMF is to strengthen, promote and increase philanthropy in Michigan, the Board of Trustees has adopted as one of six operating goals - to advocate *Bolded text signifies 2008 update. Page I �for a legislative and regulatory government conducive to philanthropy. In 1977, the Members ofCMF directed the Board ofTrustees to develop a public information program that would support and encourage Michigan foundation philanthropy and include communication with public policymakers. A Government Relations Committee, representing foundation and corporate giving program members, was established to implement the program and has continued to represent CMF Members on their legislative interests and priorities. In 1978, CMF began an annual activity of taking a group of foundation representatives to meet with each member of the Michigan Congressional Delegation in Washington. Known as Foundations on the Hill, 2008 marked the 301h year of this activity now shared by other regional associations of grantmakers across the country in partnership with the Council on Foundations and the Forum of Regional Associations of Grantmakers. In addition to these organizations, CMF works with the Michigan Nonprofit Association, Independent Sector, and other nonprofit organizations to enhance the understanding of public policymakers at the federal and state level about philanthropy and to bring about appropriate legislative changes in laws and regulations. In part because CMF and its community foundations have been successful in making the community foundation tax credit permanent in the state tax code, CMF retains the firm Public Affairs Associates to assist in Lansing with its educational efforts with state policymakers. As a result of these efforts by CMF and others, the following goals have been accomplished. II. NATIONAL GOALS ACCOMPLISHED • • • • • • • • • • • Reduction of mandatory pay-out requirement for private foundations to 5% Excise Tax on private foundations reduced from 4% to 2%, and in some cases 1% Terminated .65 limit on grant administrative expenses for private foundations Fair regulations on private foundation lobbying issued Full deductibility of gifts to private foundations of publicly-traded stock made permanent Gain portion of gifts of appreciated property not subject to the alternative minimum tax Affidavit process for simplifying private foundations grants to non-U.S. charities instituted Private & community foundations allowed to own S-Corporation stock Protected charitable gift annuities as attractive giving vehicle for donors Premiums paid for D&O liability insurance not treated as compensation for trustees Regulation passed indicating U.S . foundation grants to nonresident aliens would be taxed, depending on the place where the research or study takes place *Bolded text signifies 2008 update. Page 2 �• • • • • • Community foundations permitted to administer pooled income fund Due date of first estimated private foundation tax payment on investment income changed to coincide with the due date of the Fonn 990-PF Generation-skipping transfer law pertinent to the predeceased parent exclusion, extended for charitable lead and remainder trusts Legislation passed eliminating Charitable Split Dollar Insurance Plans Estate tax phased out between 2002 and 2010 Legislation passed in 2006 providing for a two year pilot for 2006 and 2007 for a Charitable IRA provision and renewed in 2008 for the years 2008 and 2009. III. STATE GOALS ACCOMPLISHED • • • • • • • • • • State inheritance tax repealed Community foundation tax credit for individuals and businesses made permanent Definition of community foundation strengthened in tax code Tort liability of volunteers of nonprofit corporations limited Michigan Intangibles Tax repealed 501(c)(3) organizations allowed to have an insurable interest in the life of an individual who has given written consent Legislation (three separate bills) passed allowing gifts and bequests received by units of local government (cities, villages, counties, public libraries and schools), to be gifted to community foundations Nonprofit Corporation Act amended to allow youth ages 16 and 17 to serve on boards of nonprofit corporations with vote Legislation passed for distribution of $20 plus million in 2001-2003 tobacco settlement funds to state-certified community foundations for healthy youth and healthy seniors programs Nonprofit Corporation Act amended in 2008 in two bills - first to allow for electronic communication, and second to require a minimum number of three trustees, no loans to officers, and notification of the Attorney General on dissolution. IV. NATIONAL LEGISLATIVE ISSUES ACTION GOAL S 1. Goal: Support simplification of the excise tax on private foundations to a flat tax that is revenue neutral for the federal government. Explanation : The 1984 Tax Act allows the excise tax on investment income to be reduced from two to one percent if a foundation's payout for the year in question equals or exceeds an amount equal to the year's assets, times the average payout percentage for the five years, plus 1 percent of the foundation's net *Bolded text signifies 2008 update. Page 3 �investment income. Private foundations are the only 50 1(c)(3) organizations that currently pay this federal tax. The current formula is difficult to administer and can limit charitable giving. While CMF has been advocating simplification of the tax to a flat one percent, as a result of the 2008 Foundations on the Hill, CMF was encouraged by members of the Michigan Congressional Delegation to have an outside firm complete an analysis of what a revenue neutral number would be for a flat excise tax. Cambridge Associates completed the analysis in September 2008 and recommends a revenue neutral number of 1.32%. This analysis has been shared with members of the Michigan Congressional Delegation as well as the Council on Foundations with a goal of attaching simplification to a tax bill in the remaining 2008 Congressional session if an expedited analysis by the Joint Committee on Taxation can be completed. If not, action in 2009 with the new Congress will be sought. 2. Goal: Pennit tax-free distribution from individual retirement accounts (IRAs) for charitable purposes. Explanation: It is proposed that direct gifts from an IRA to a charitable organization would not be taxed as income to the account-holder who has attained the age of 59 Y2 years of age, if the disbursement is made directly to either a qualified charity or a qualifying deferred giving plan. It is anticipated that such a law would increase contributions to many charitable organizations, including community foundations. This issue has continued to receive bi-partisan support in both the House and Senate. Michigan Representative Dave Camp and both Senator Levin and Senator Stabenow played key roles in the inclusion of the IRA Charitable Rollover in the final version of the Pension Bill signed into law by the President in August 2006. The provision allows individuals age 70 Y2 to make contributions of up to $100,000 tax free from IRAs to charitable organizations, except donor advised funds and private foundations, in both 2006 and 2007. CMF through its supporting organization, Midwest Community Foundations' Ventures, played a leading role in the development of the Charitable IRA Portfolio distributed in September 2006 to all community foundations nationwide that meet national standards for community foundations. CMF has promoted inclusion of the Donor Advised Fund, no cap, and an age of 591/2, in the IRA Rollover, as introduced in HR 1419 and SB 819 in 2007. However, due to the pay go rules in Congress, the initial results of the research by the National Planned giving Council on the IRA, and the ongoing investigation by Treasury into the use of Donor Advised Funds, the immediate priority is *Bolded text signifies 2008 update. Page 4 �extension of the IRA Charitable Rollover Provision that expired in December 2007 with no changes in its terms. While legislation has been passed in both the House and Senate in favor of extending the Rollover Provision, it has been combined with a number of extenders stuck in a filibuster due to a difference in philosophy over the pay go rules of the House. The Extenders package was added to the Bailout package passed by the Senate on October 1 2008, and action is expected by the House on October 3, 2008. The IRA Charitable Rollover Provision will now be available through December 31, 2009. The Michigan Congressional Delegation remains supportive of extending the Provision. 3. Goal: Monitor the impact of estate tax legislation passed in 200 I on creation of new foundations and gifts to existing foundations and promote reinstatement of the federal state estate tax credit. Explanation: The "Tax Relief Reconciliation Act of2001" passed by the Congress and signed into law by the President in June 200 I, phases out the Estate Tax between 2002 and 2010. Full repeal however is only in effect for the year 2010. The estate tax then reverts, unless new legislation is passed, to the 2000 tax code status. President Bush has indicated that it is a priority to make repeal of the estate tax permanent. It is estimated by the Congressional Budget Office in a July 2004 Report titles Charitable Bequests and the Repeal of the Estate Tax, that full repeal of the estate tax would annually cost the nonprofit sector $17 billion in charitable bequests. Independent Sector (IS) supports a compromise of an exemption rate of $3.5 million for an individual and a 35% tax rate. At this rate it is believed that nearly all family fanns and family-owned businesses would be exempt from the estate tax. The estate tax would only apply to 0.3 percent of Americans as opposed to only 2 percent of estates today. The Congressional Budget Office further estimates in a July 2005 Report titled Effects ofthe Federal Estate Tax on Farms and Small Businesses, that the IS position would decrease charitable giving by about 3 percent or $7.4 billion as opposed to $17 billion with total repeal. While it is the position ofCMF to not support or oppose legislation that has a broad impact beyond the charitable field, 2009 is anticipated to be a major year for tax policy in the new Congress, CMF will monitor the potential impact on philanthropy of new legislation and future changes that might be made in the estate tax. *Bolded text signifies 2008 update. PageS �This goal is now tied to Goal 9 under State Legislative Issues - opposing reinstatement of a state inheritance tax. Michigan was receiving funds from the federal state estate tax credit that more than offset repeal of the state inheritance tax in 1993 - a CMF Goal. The federal credit has now been phased out, and a bill introduced in 2007 to reinstate a State Inheritance Tax not acted on because reinstatement w ill encourage residents to again transfer their place of residency to homes in Florida and other states. 4. Goal: Support legislation that allows tax-exempt entities to invest in securities and commodities that involve indebtedness w ithout being subject to unrelated business income tax. Explanation: Congressman Sander Levin introduced H.R. 3501 in 2007 to exempt tax-exempt entities from Unrelated Business Income Tax (UBIT) when investing in securities that involve debt. The original intent ofUBIT was to prevent nonprofits from competing against for-profit entities in a business that is not substantially related to its exempt purpose. Over the last twenty years, foundations and universities have invested in hedge funds and other alternative investments to increase their investment returns and reduce the volatility of their investment portfolio. Many times these investments involve leverage (debt) that would subject the foundation to UBIT but based on Private Letter Rulings from the IRS, foundations are able invest in this area through offshore corporations as limited partners and avoid UBIT. The key issue is tax-exempt institutions should not be taxed on passive leveraged investments . While the House added HR 3501 to the Extenders Package it passed in 2008, the Senate did not include HR 3501 in its Extenders Package that is still being debated in September 2008. This issue will need to be reintroduced in the new Congress in 2009. ONGOING GOALS 1. Goal: Maintain the private foundation payout rate at not more than 5 percent to protect the real value of foundations' grantmaking capability. Explanation: In order to preserve the "real" grantmaking capacity of a private foundation, it is important that all historical financial data be taken into consideration. History has shown that a portion of the annual return should be returned to principal. (Reilly/Skadden, University of Michigan Graduate School of Business Administration study sponsored by CMF, 1981- Private Foundations: The Payout Requirement and Its Effect on Investment and Spending Policies, and a DeMarche Associates, Inc. study "Spending Policies and Investment Planning for Foundations," 1995, sponsored by the Council on Foundations.) A CMF sponsored study, completed in May 2000 and updated in 2004 by Cambridge Associates, Inc. of the actual *Bolded text signifies 2008 update. Page 6 �performance of a group of Michigan endowed private foundations, confirms the position of maintaining the payout rate at no more than 5 %. While efforts to increase the payout of private foundations to more than 5% seem to be quiet at this time, the Senate Finance Committee has held a hearing in September 2008 on the issue of university and college endowments which could result in legislation being introduced to mandate a payout for such endowments. All public charities holding endowments, including community foundations may be involved in such legislation. CMF has a position to support a collective payout rate of 5(!/o for the donor advised funds held by community foundations. 2. Goal: Change the limitation on gifts to a private foundation from 20 percent to 30 percent of AGI for gifts of appreciated property and from 30 percent to 50 percent of AGI for gifts of cash. Explanation: Under existing law, the amount deductible by an individual taxpayer for contributions to private non-operating foundations is computed as a percentage of the donor's contribution base (in most cases, his or her adjusted gross income). An individual may deduct only 20 percent of the gifts of appreciated property or 30 percent of gifts of cash. On the other hand, an individual taxpayer can deduct up to 50 percent of their contribution base for cash (and 30 percent for appreciated property) for gifts to public charities. 3. Goal: Increase the deduction allowed a taxpayer for a gift to a private foundation of certain capital gain property. Explanation: Individual taxpayers may deduct the full fair market value of a gift to a private foundation of appreciated property in the fonn of publicly-traded stock, if the gift is less than 10 percent ofthe outstanding stock of the company. However, in other cases, such as privately held stock, the amount of deduction continues to be limited to the donor's cost or basis in the stock if the gift is to a private non-operating foundation. The same gift to a public charity entitles the taxpayer to a full fair market value deduction. 4. Goal: Prevent further efforts to reduce the usefulness of the charitable deduction and repeal the three percent floor on itemized deductions. Explanation: In 1990, after initially considering a cap on all itemized deductions, Congress approved a three percent floor in deductions. This floor was scheduled to expire at the end of 1995, but in 1993 was made permanent. 5. Goal: Limit lineal descendants who are "disqualified persons" at the level of grandchildren. *Bolded text signifies 2008 update. Page 7 �Explanation: In 1984, the law was amended to limit "disqualified persons" to substantial contributors to a foundation and their children, grandchildren, great grandchildren, and their spouses. The amendment provided that substantial contributors will no longer be considered "disqualified persons" if, over a ten-year period, they meet certain requirements to distance themselves from the foundation. However, there is still no logical rationale- - or examples of abuse- to justify the inclusion of lineal descendants beyond the level of grandchildren. 6. Goal: Modify the law to penn it the "out of corpus" requirement to be met by a foreign grantee if sufficient documentation is provided showing that the full amount of the grant was spent for the specified purposes within 12 months after the year the grant was made. Explanation: When making grants to some foreign charities, private foundations are required to treat them as private foundations. Any grant from a private foundation to another private foundation requires that the amount granted "flow through" the grantee and out as qualifying distributions that are made "out of corpus" by the end of the following year. The purpose for this rule is to prevent a foundation from avoiding the payout rule by having one private foundation give to another, who then simply adds the grant to its endowment (corpus), with charitable grantees receiving no benefit. In the foreign grant context, the grantee rarely has any endowment and totally misunderstands the concept of"out of corpus." 7. Goal: Secure passage of legislation providing a charitable deduction for nonitemizers. Explanation: Most taxpayers no longer file the long tax form that pennits itemized deductions; instead they file the short form that allows only a standard deduction. From 1983 to 1986 non-itemizers were permitted to take the standard deduction plus itemize charitable contributions within certain limits, but the deduction expired January 1, 1987. Because the Senate Fiscal Agency has evaluated the cost of the non-itemizer and deemed that it will cost the federal government more than it will generate in new charitable giving, efforts to attach this goal to legislation were dropped in 2007 and are not expected to be continued in 2008 or the new Congress in 2009. 8. Goal: Support reasonable limits on the degree to which foundations and charities can lobby or otherwise influence public policy decisions and oppose unreasonable limits that adversely affect grantmaking. *Bolded text signifies 2008 update. Page 8 �Explanation : Continuous monitoring is essential to oppose unreasonable and unnecessary regulatory reporting burdens on both foundations and their grantees. Independent Sector (IS), on behalf of foundations and public charity nonprofits, has taken the position that 50l(c)(3) and 50l(c)(4) organizations should not be included in the definition of political committees. Political committees are prohibited from raising money from corporations (including nonprofit corporations) or unions or from using contributions in excess of$5,000 from an individual to pay for electioneering activities. Political committees must also disclose names of contributors in regular reports to the Federal Election Commission (FEC), and contributions to such committees are not tax-deductible. IS makes the following points: • • • 9. Current tax law already limits the lobbying and partisan political activities of these groups. The FEC should maintain its current, clear distinction between "express advocacy" communications (those that clearly call for a vote for or against a particular candidate or political party) and other nonpartisan communications. It should not adopt IRS standards for partisan advocacy, which were designed for a different regulatory and enforcement regime. Voter registration and get-out-the-vote activities should only be considered political expenditures if they are clearly tied to a candidate or party. Activities targeted to specific populations (e.g., women, African Americans, a particular neighborhood, members of a particular organization) should not be considered pol itical "expenditures" simply because those populations may be "more likely" to vote for a particular candidate or party. Goal: Support legislation to eliminate the classification of realized gains and income, derived from leveraged real estate investments by foundations, as unrelated business taxable income. Explanation: Foundations and nonprofit organizations are significant investors in the real estate market. However, income derived from leveraged real estate investments, owned directly or through partnerships, is currently taxed as unrelated business taxable income (UBTI). Private foundations should be treated in the same manner as educational organizations and qualified pension plans, which since 1980 have been exempt from the debt-financed property rules with respect to the acquisition of certain real property. 10. Goal: Avoid excessive regulations on corporate giving. Explanation : CMF supports public accountability, but not excessive regulation, which would require costly administration by corporations. CMF continues to *Bolded text signifies 2008 update. Page 9 �monitor proposed legislation like the House version of the 2002 Corporate and Accounting: Accountability and Transparency Act that included three reporting provisions (all Board service by officers, directors, and significant fami ly members; all gifts of$10,000 or more; all transactions valued at $10,000 or more) that would have a negative impact on corporate philanthropy. There has been no similar legislation introduced since 2006 and none is expected in the 2008 Congressional session. 11. Goal: Support efforts to incorporate philanthropy as an objective of legislation providing financial resources to character education and other K -12 educational initiatives. Explanation: CMF was successful through the Learning to Give initiative in having the word "giving" added to the definition of character education in the 2002 Education Bill signed by President Bush. Learning to Give, now through its new affiliation with The League, is assisting when appropriate national partners, such as the Corporation for National and Community Service, in efforts to ensure that giving is incorporated in new character education programs and other appropriate federal initiatives. 12. Goal: Support legislation requiring a five percent payout for Donor Advised Funds. Explanation: In 2005 and 2006, staff of the Senate Finance Committee advocated for a required payout for Donor Advised Funds, defined simply as Funds at public charities that primarily make grants to charitable beneficiaries pursuant to advice provided by the donor. This proposed required payout is caused by concerns of members of Congress that some Donor Advised Funds administered by organizations such as the Fidelity Gift Fund never make a charitable distribution and that university and college endowment funds make less than a five percent payout while the cost of higher education continues to escalate for students. Because the five percent payout is recommended by both M ichigan and national standards for community foundations, CMF supports such legislation. The National Panel convened by IS at the request of the Senate Finance Committee has recommended this payout requirement for Donor Advised Funds in its final Report presented on June 22, 2005 to Senator Grassley, Chair of the Senate Finance Committee. A payout for Donor Advised Funds will be considered by the Department of Treasury in its study of Donor Advised Funds required in the Charitable Reform Section ofHR 4 - the Pension Bill, signed into law in August 2006. The results of this Study are expected to be released in late 2008. *Bolded text signifies 2008 update. Page 10 �13. Goal: Support efforts to make the IRS fom1s 990 and 990PF more useful to the public, foundations, charities and regulators as prime sources of reliable information on the nonprofit sector. Explanation: The IRS is concluding efforts on a new Form 990 effective in 2009 which CMF has contributed to through work led by the Council on Foundations, Independent Sector, the Foundation Center, and the National Center on Charitable Statistics. A review of 30 990PF returns by CMF staff in January 2004 confirmed the problems filers are having with the current forms. The 2005 Report to the Senate Finance Committee by the National Panel convened by Independent Sector recommended that the Internal Revenue Service revise these forms. CMF is prepared to contribute to the 990PF update once the IRS begins work on it. 14. Goal: Support efforts to limit tax shelters in which charities receive little or no benefit. Explanation: The Senate Finance Committee has identified through Hearings held in 2004 and 2005, examples of tax shelters providing little benefit to charity. As a result Senator Grassley introduced S 993 in 2005 to place excise taxes on insurance contracts in which certain exempt organizations may hold an interest. This Bill received support from the Council on Foundations, Independent Sector and CMF. The issue of insurance contracts has been included in the Refonn Provisions ofHR 4 passed in 2006. V. STATE LEGISLATIVE ISSUES ACTION GOALS 1. Goal: To monitor administration of the permanent community foundation tax credits for individuals, fami lies and businesses and their relationship to current and proposed tax credits. Explanation: As a result of term limits CMF staff continually work with legislators to explain the tax credit and the role of community foundations in building permanent endowments. There is an on-going effort by other nonprofit sector groups such as hospitals, schools and community development corporations to obtain targeted tax credits for endowments without acknowledgement of the potential to meet their needs through the existing community foundation tax credit. In addition, CMF staff assists Treasury Department staff to insure that the re-certification process is working with certified community foundations that cover all 83 counties. *Bolded text signifies 2008 update. Page 11 �The community foundation tax credit has been included in the new Michigan Business Tax (MBT) that took effect in 2008. However, a new credit for endowment gifts to K-12 education foundations has been added to the section of the MBT covering the community founda tions tax credit. E fforts continue to separate this new credit from the community foundation tax credit as part of additional legislation on the MBT. 2. Goal: To support legislation to replace the Uniform Management oflnstitutional Funds Act (UMIF A) with the Uniform Prudent Management of Institutional Funds Act (UPMIFA), including language that UPMIFA does not affect a community foundation's ability to exercise its variance power. Explanation: Senate Bills 392 & 393 were introduced in 2007 to replace UMIFA, which governs how foundations manage their investments with UPMIFA as recommended by the National Conference of Commissioners on Uniform State Laws. The Council of the Probate and Estate Planning Section of the Michigan State Bar discussed this legislation in April 2007 and suggested two changes to the proposed legislation. a. Make it clear that this does not affect community foundations in trust fonn which are governed under other laws. b. This should not affect the community foundation's ability to exercise variance power. The key differences from UMIFA, include: • Elimination of"historic dollar value" rule • Gives primary consideration to donor intent • Notify Attorney General if plan to exercise variance power (see revision noted above). • Investments should be diversified. Efforts to move these Bills will continue in 2009. 3. Goal: Amend the State Limited Liability Company Act to create a "Low-profit Limited Liability Company" (L3C). The purpose of this new investment vehicle would be to generate modest profit while carrying on a business that serves a charitable purpose. Explanation: The L3C is a new concept: 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. Vermont is the first state to adopt this legislation. The L3C has been adopted as a priority by the COF Public Policy Committee. *Bolded text signifies 2008 update. Page 12 �In many cases before a private foundation can undertake a program-related investment, it must engage in a complicated analysis which often includes obtaining a private letter ruling from the IRS at considerable time and expense. The proposed state legislation would closely track the Internal Revenue Code requirements for a private foundation to make a program-related investment. Once the state legislation is enacted, the Council on Foundations believes it can approach the IRS and/or Congress to obtain appropriate federal recognition. The amendment to the LLC statute would require an L3C to engage only in business activities that significantly further a charitable purpose and that have only the incidental goal of producing income or capital appreciation. Given those restrictions, foundations could take an equity interest in or make grants or loans to L3Cs and have the distributions included in the 5% minimum distribution requirement. This legislation would also benefit community foundations and other public charities engaged in economic development by pennitting them to invest in a business that is structured primarily to accomplish a charitable goal. Senator Jason Allen has introduced SB 1445 and SB 1446 to amend the state's LLC Act to allow for creation of the L3C structure. The Senate Commerce Committee met in September 2008 to approve the two bills for consideration by the Senate. 4. Goal: To oppose efforts by the Greenlining Institute, as they did in California, to legislate at the state (or federal) level reporting requirements on diversity for foundations, their grantees and vendors. Explanation: California Assembly Bill 624 would require all foundations (30) in California with more than $250 million to provide annual documentation on the ethnic diversity of foundation trustees, staff, as well as grantees and vendors. While there has been widespread opposition to this Bill, it did pass the Assembly and is now awaiting action by two committees of the California Senate - one which will meet next week. Staff of the Greenlining Institute of Berkeley California, author of the legislation, has met with Congressman Rangle, Chair of the House Ways and Means Committee, to encourage introduction of this legislation at the federal level. The Institute has also indicated that it intends to have this legislation introduced in New York, Pennsylvania, Florida and Texas. As CMF Chairperson Diana Sieger wrote in her recent Memo to Members letter, we heard from Steve Gunderson at the Council on Foundations that our field must either lead or be legislated. Through our Diversity and Inclusion Initiative CMF has taken the position to be a leader. At the recent COF Summit, Congressman Becerra of California stated that Congress needs to be able to justify the $32 billion earmark that is gives for gifts to foundations. While not endorsing this California Bill, he made it clear that *Bolded text signifies 2008 update. Page 13 �diversity is also a matter of class and he along with others in Congress want to know how foundations are helping the neediest. Therefore at the May 22, 2008 CMF Board Meeting the following two resolutions were approved. 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 growphilanthropy 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. ONGOING GOALS 1. Goal: Monitor and support the continued granting of property tax exemption by local units of government to foundations and nonprofit charitable organizations. Explanation: CMF, working with partners such as the Michigan Nonprofit Association (MNA), is mon itoring cases that could adversely impact foundations where nonprofit organizations are being forced by local tax authorities to appeal their tax exemption status to the State Tax Tribunal, and if needed, consider filing letters of support w ith the Tax Tribunal. A landmark case in the State of Minnesota adversely impacting a nonprofit day care operator is being monitored by MNA and state nonprofit associations nationwide. *Bolded text signifies 2008 update. Page 14 �2. Goal: Support legislation encouraging a tax-deduction for charitable contributions from individuals. Explanation: Other states have found that a tax deduction mirroring the federal tax code does motivate additional gifts by individuals to charities. While the introduction of legislation in tough economic times is unlikely, the Michigan Nonprofit Association continues to identify this as a legislative priority. 3. Goal: Monitor and report to the state on the use of tobacco settlement funds distributed to certified community foundations in 2001-2003 for health youth and healthy senior purposes. Explanation: Michigan's share of the national tobacco settlement ($206 billion over the next 26 years) between 46 states, five commonwealths and territories and the District of Columbia with five tobacco companies, representing 97.5% of the industry, is $8.3 billion. The master settlement agreement did not specify how states may spend their settlement payments. Between 2001 and 2003 CMF distributed from the state more that $20 million of interest earned on the tobacco settlement funds not used for the Merit Scholarship Program and earmarked annually through the Department of Career Development budget to certified community foundations for both pass through grantmaking and to endow Healthy Youth and Healthy Senior Funds. Because of the State's financial budget problems, no funds were appropriated for this effort in 2004 and 2005. The legislature passed legislation in 2006 with the Governor's support to securitize a major portion of the tobacco settlement to create the 21 st Century Jobs Fund. The balance of the tobacco settlement allocation was securitized by the state in 2007 to balance the budget. 4. Goal: Support legislation to simplify the Charitable Solicitations Act- SB 507. Explanation: Community foundations are required, as well as other charitable nonprofits, to file for an annual solicitation license. The licensing, enforcement, and appeal processes are not considered user friendly by nonprofits and do not reflect the changing cost in fundraising. The Michigan Nonprofit Association is leading the effort on this issue. Legislation proposed by Senator George is still being developed. 5. Goal: To assist the Charitable Trust Section of the Attorney General's office, an important source of information about charitable giving and the nonprofit sector in Michigan. Explanation: CMF has always worked with the Charitable Trust Section of the Office of the Attorney General. With the election of Attorney General Cox in *Bolded text signifies 2008 update. Page 15 �2004, CMF and the Michigan Nonprofit Association proposed a more formal relationship to the Attorney General which he approved. As a result, the Nonprofit Council to the Charitable T rust Section, led by his Deputy Attorney General Carol Isaacs, was created. CMF has three representatives on the Council, which is considered a national model and is now being replicated by other Attorneys General. The Committee meets twice a year and assists the Section on issues related to charitable giving and charities. In addition, the staff leader of the Section attends the CMF Annual Conference. This relationship is vital because there are recent cases in which state attorneys general have initiated litigation against foundations for excess compensation and self dealing abuses and there are examples of unfavorable state legislation initiated by attorneys general 6. Goal: To support revisions to the Nonprofit Corporation Act Explanation: There have been no major amendments to the Act since it was adopted in 1982. A major revision of the Act has been completed by a Taskforce of the State Bar Association with the support ofCMF and MNA. However, due to tenn limits and the complexity of the total update of the Act, it has been detern1ined to update the Act in stages. The first step was successful passage of SB 123 now Public Act 9 of 2008 effective February 29, 2008 to 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. In August 2008 the Governor signed into law HB 5681 which requires a minimum number of three T rustees instead of the present one for a nonprofit corporation, prohibits loans to staff, and requires nonprofits that are dissolving to notify the Attorney General within 60 days and obtain the written approval of the Attorney General for the disposition of assets- three priorities identified by the Nonprofit Panel convened by Independent Sector at the request of Senator Grassley and Senator Baucus. 7. Goal: To provide educational resources to members of the State legislature and the Office of the Attorney General on the issue of donor intent. Explanation: As a result of an investigation into the Ford Foundation by the Attorney General, HB 6351 was introduced by Representatives Dillon and Huizenga in June 2006 to redefined donor intent as a pattern of grantmaking in the first three years of a foundation's existence and the specification of a defined place, like the state of Michigan, in the founding documents. Due to vigorous opposition by CMF, the bill was not considered by a committee. *Bolded text signifies 2008 update. Page 16 �In addition, CMF had two documents prepared, by the law finn Miller, Canfield, Paddock and Stone PLC during the summer of 2006 which were delivered to the two representatives and Deputy Attorney General Isaacs in September 2006. The first document is a review of existing laws that confirm the Attorney General does not need new legislation to oversee donor intent with regard to private foundations. The second document provides an introduction to donor intent from the perspective of a policy maker. Despite these efforts, in September 2006 HB 6535 the Charitable Foundations Accountability Act was introduced by Representative Huizenga without the support of Representative Dillon. CMF indicated its opposition to this bill and provided a Media Response Statement to members should the media ask about it. Representative Huizenga indicated that this Bill would not advance and was only introduced at the request of the Attorney General. There have been no further efforts in 2007 or 2008 by the Legislature to deal with the issue of Donor Intent. 8. Goal: To oppose reinstatement of a State Inheritance Tax, repealed in 1993 with support from CMF. Explanation: HB4377 the Michigan Estate tax act was introduced in March 2007 by Representative Paul Condino as part of a strategy to balance the states structural fiscal crisis. While this Bill was not considered by Committee, due to the state's continued structural financial crisis, CMF will monitor efforts to reinstate an Inheritance Tax at the state level. Based on documented data from the early 1990s, families of wealth will transfer their residency to their second homes in places like Florida if such a tax was reinstated. *Bolded text signifies 2008 update. Page 17 � 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_2008-10-13_Government-Relations-Committee-Report Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book government relations committee report Creator An entity primarily responsible for making the resource Council of Michigan Foundations. Board of Trustees Description An account of the resource Council of Michigan Foundations 2008-10-13 board book government relations committee report. Records are compiled in the Our State of Generosity collection by the Johnson Center, along with the files of the Michigan Nonprofit Association (MNA), the Michigan Community Service Commission (MCSC) and the Dorothy A. Johnson Center for Philanthropy. Originals are at the Council of Michigan Foundations. Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Council of Michigan Foundations Michigan Format The file format, physical medium, or dimensions of the resource application/pdf Type The nature or genre of the resource Text Language A language of the resource eng Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 50745 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/d2cdb0e5e5407f32e5fbed3c2cbc12b0.pdf ba39712218b363bd2ab5d8b94c44fd3a PDF Text Text CMF Councilof Michi an Fou n:fat ions Serving grantmakers. Advancing giving. Date: October 1, 2008 Memo To: Diana Sieger, Chairperson, and Members of the Board of Trustees From: John Colina, Chair, Membership Committee, Rob Collier, President, & Jeri Fischer, Membership & Special Projects Director Re: Membership Report The following resolution is presented for action. RESOLVED that the following grantmakers be approved for membership: Doyle Fund for Nonprofit Workforce Capacity Building, Detroit GarlandS. Doyle, founder • Donor adv ised fund at the Community Foundation for Southeast Michigan, created in 2008. Felpausch Foundation, Battle Creek Kim Brubaker, trustee • Family foundation created in 2007 with assets of $ 1.9 million and grantmaking of $42,500. The Jones Family Foundation, Belleville Tammi Carr, director • Family foundation created in 2007 by Wayne D. Jones and Shelly Jones, not yet funded. Center for Arab-American Philanthropy, Dearborn Jamie Kim, director • National public charity that pools the charitable resources of Arab-Americans to foster giving and civic engagement in American society. ElMa Private Foundation, Delaware Tim May/eben, president • Private family foundation through FoundationSource with assets of $ 1 million and grantmaking in Ann Arbor I. Activity Summary for period April 1, 2008 through October 1, 2008 Memberships at 4/ 1/08 New Mem bers Dropped Membership at 1011 /08 Renewals# Renewal % Revenue (renewals & new) Additional # Additional $ 397 5 25 377 3 11 83% $ 960,555 25 $ 10,260 �Membership Report October I, 2008 Page 2 II. Summary of current membershiQ Private: Family Foundations Independent Foundations Community: Foundations Affiliates Donor-Advised Funds Corporate: Foundations Giving Programs Public: Foundations Donor-Advised Funds Out-of-State Associate: Private Foundations Community Foundation Totals: 212 158 54 96 55 33 8 41 24 17 19 18 9 8 1 377 377 III. DroQQed from MembershiQ The majority of these foundations are small family foundations that have not responded to repeated efforts to contact them. American Axle and Manufacturing (no corporate giving at this time) T he Campbell F und (member of Association of Small Foundation - no interest expressed) Benn and Kathleen Gilmore Foundation (have not endowed foundation) Howard Miller Foundation (no interest expressed) William and Sarah Seidman Foundation (out of state AZ, no participation) Berrien C ommunity Foundation (have chosen to join COF) Verizon (no interest at this time due to the economy) Citizens Bank-Flint (no interest at this time due to the economy) Detroit Lions (no interest at this time due to the economy) T he Ruffner Foundation (no interest) Peter Mason Charitable Foundation (no interest) Shubeck Mansour Foundation (no interest) Bingham Family Foundation (no interest) T he Summers Foundation (no interest) Henry C. and Audrienne M urray Foundation (no interest) Klopcic Family Foundation (no interest) T he Samaritan Foundation (no interest) Amy Foundation (no interest) W.B. McCardell Family Foundation (no interest) River City Foundation (no interest) Amherst and Janeth T urner Foundation (no interest) Amos Nordman Charitable Trust (no interest) Samuel Higby Camp Foundation (no interest) The John and Elizabeth Whiteley Foundation (no interest) Blue Cross Blue Shield of Michigan (corporate foundation member already, second membership not needed) � 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_2008-10-13_Membership-Report Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50746 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/8b24b4d2f2688c786243b5ce621934ef.pdf 97309c7f12c68851ac2a579455ff7717 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. October 3, 2008 Memo to: Diana Sieger, Chairperson and Members of the Board ofTrustees From: Rob Collier, President Re: President's Report This Report highlights activities since the May Board Meeting by key goal and strategy. In preparing this summary I am reminded of the global reach CMF has thanks to your support and the support of key members. Staff news follows the summary along with a special update on the Diversity and Inclusion Initiative. I. ADVOCACY STRATEGY- To advocate for goals in Legislative Statement supporting a legislative and regulatory environment conducive to philanthropy Activities under this Goal are included in the Government Relations Committee Report II. EDUCATE STRATEGY- To provide programs, resources and technical assistance In addition to the many activities highlighted in the Public Policy Report, the following are noted: May 14- Be Ready by Five-Family Foundations Early Childhood Initiative Fifteen "Be Ready by Five" members met on May 14 at the Frey Foundation in Grand Rapids. The meeting included: a site visit to the Grand Rapids Children's Museum to learn about the "Come on Over" Emmy winning, locally-produced children's television show, discussion with Liz Goodenough, creator/producer of the documentary film " Where Do the Children Play?" on how to catalyze conversations between early childhood and environmental funders in their local communities and across Michigan, and a presentation on the Kent County Medical Home Initiative by Maureen Kirkwood, the project manager. June 12 - Family Philanthropy Teleconference- Family Foundations and Advocacy: Making Your Grant Dollars Go Further Abby Levine, Foundation Advocacy Counsel for the Alliance for Justice, defined advocacy, why it is important, and how fami ly foundations can fund and engage in advocacy in order to create systemic change. June 13 - 15 - Tenth Annual Family Foundations Retreat, Mackinac Island Over 170 adults and youth ages 3 to 95, representing 27 Michigan family foundations, gathered on the Island for the biggest and best ever Retreat. Highlights included: leaming new ways to craft and share fam ily stories to benefit all generations, experiencing the Great Lakes with a educational cruise led by Captain Tom Kelly from the Inland Seas and Helen Taylor from the Nature Conservancy, sharing �President's Report October 3, 2008 Page 2 foundation strategies and vision by answering questions strategically placed around the Island for the Geocaching Philanthropy Hunt done on bicycle and by horse carriage, and decorating the spectacular Family Philanthropy Float and riding in the Lilac Festival Grand Parade, the largest horse hitch parade in the world! June 9, 11& 20: Four Connecting Points Webinar with Andy Goodman Andy Goodman, a nationally known expert on communications, led the first in a series of three Webinars CMF is offering in partnership with the Donors Forum (Illinois), Indiana Grantmakers Alliance and the Communications Network. Twenty participants were introduced to the basics of strategic communications through this highly rated two-part webinar workshop. June 26- Institutionalizing Deep Diversity & Gender Equity Workshop As part of Transforming Michigan Philanthropy Through Diversity and Inclusion, CMF hosted a workshop on deep diversity and gender equity in grantmaking with Diversity in Philanthropy Project (DPP) consulting team member, Mary Ellen Capek, author of the prize-winning book Deep Diversity and Gender Equity in Grantmaking. Eleven members attended this highly engaging workshop which covered: an introduction to what "deep diversity" means, what it looks like in a foundation context, how it can increase the effectiveness and impact of your grantmaking and what resources are available to help you achieve your goals as well as a facilitated discussion among participants about their foundations' efforts- both successful and unsuccessful- to become more diverse and inclusive. July 9- Cultural Competency Institute for Grantrnakers Ten members attended this one-day, intensive workshop on cultural competency for grantmakers cosponsored by CMF and the Alliance for Nonprofit Management on July 9 as part of ANM's lOth anniversary national conference at the Hyatt Regency in Dearborn. Learning objectives were to increase capacity to think critically about the cultural dynamics at play in grantmaking and grantseeking; gain tools and skills for engaging more effectively historically underresourced cultural groups; and increase capacity to assess and influence institutional practices July 10 - Family Philanthropy Teleconference- Passing the Baton: Generations Sharing Leadership Alice Buhl, Director of Philanthropic Services, Lansberg, Gersick & Associates, discussed succession issues for the senior generation of foundation trustees and offered options for shared, multi-generational leadership. August 14 - Family Philanthropy Teleconference- Multi-Generational Philanthropy: Supporting the Next Generation of Philanthropists Nathan Dungan, Founder and President, Share Save Spend, led a conversation on how to encourage philanthropy in the next generation and outlined w ays families can teach the skills that will help young people become successful philanthropists. September 2. 9 & 17 - Deciding on Design Webinar w ith Andy Goodman Fifteen foundations staff from across the country, including three CMF members, participate in a threepart W ebinar series led by Andy Goodman in the second of three such workshops CMF is hosting in partnership with Donors Forum (Illinois), Indiana Grantmakers Alliance and the Communications Network. The course objective was to prepare those without design training make informed and effective choices regarding the use of graphic design to convey important messages to key audiences. This second Goodman webinar series again earned high praise. To accommodate registrant needs, CMF added an independent study option which allowed those interested in participating yet unable to attend all session times to access the recorded webinar at a time of their preference, submit their homework to �President's Report October 3, 2008 Page 3 Andy by a deadline. These Webinars have been an important test for what we expect will become a more common delivery mode for a variety of CMF programming. September 4 - Family Philanthropy Teleconference- Executive Transitions: Helping Your Grantees Through Leadership Changes Patrick Corvington, Annie E. Casey Foundation, and Tim Wolfred, CompassPoint Nonprofit Services, shared strategies for how foundations, small or large, can support grantees during executive succession planning and transition. September 9 and 18 IRS 2008 Forn1 990 Conference Calls Plante Moran highlighted key sections of the form that have changed from the 2007 version along with prov iding guidance on policies and procedures foundations should review to make sure they will be in compliance with the governance questions included in the new form. September 16 - Detroit Area Grantmakers - Friendly Funding Practices for Unfriendly Times Seventy grantmakers gathered to hear Clara Miller, president and CEO, Nonprofit Finance Fund, present methods funders can use to help strengthen and protect the nonprofit community during periods of economic downturn. Ms. Miller's presentation focused on nationally-accepted best practices that encourage both fiscally and socially responsible solutions to Michigan's economic woes. October 1 - How Grantmakers Learn Fifteen highly experienced grantmakers joined CMF and Jan Jaffe, project leader GrantCraft, a project of the Ford Foundation, for the fourth session held w ith CMF members to inform a future guide in the GrantCraft series. We are grateful to trustee Carol Goss and her staff at The Skillman Foundation for hosting this event. CMF is working with GrantCraft staff on the development of a strategic partnership through which our members will have early notice of new guides, opportunities to contribute to their content through onsite events such as How Grantmakers Learn, online surveys and other electronic means. YAC Fall Regional Trainings This fall, Mike Goorhouse and his MCFYP Committee will be conducting 12 regional trainings throughout the state of MI. These trainings provide orientation fo r new members, allow experienced members to receive focused training on complicated issues, and facilitate dialogue amongst advisors. Over 175 Y AC members and advisors from 19 different YACs have participated in the first 6 trainings which have already taken place. Upcoming Events November 20 - A Roundtable Discussion on General Operating Support Kathleen Enright, president & CEO, Grantmakers for Effective Organizations (GEO) will return to Michigan on Nov. 20 to lead a present the latest research findings on general operating support and to lead a roundtable discussion with CMF members on the pros and cons of such support. We are looking forward to welcoming Kathleen back to Michigan for her third roundtable with our members. December 8- 10 - Essential Skills and Strategies for New Grantmakers (ESS)- 2008 Institute Karen Aldridge-Eason, foundation liaison; Dave Egner, president, Hudson-Webber Foundation, chair, CMF Public Policy Committee and CMF Trustee; and Tonya Allen, vice president of program, The Skillman Foundation have agreed to serve as lead faculty for the 2008 delivery of Essential Skills and �President's Report October 3, 2008 Page4 Strategies for New Grantmakers, the standard national orientation for those new to foundation staff or board roles. ESS was developed through a partnership between the Forum of Regional Associations of Grantmakers and the Council on Foundations with leadership from CMF and Grantmakers of Western Pennsylvania. Now being used across the country, this is CMF's second offering of the program. Judie Donaldson, a co-author of the program with CMF Vice President Vicki Rosenberg, will serve as lead facilitators. January 19-20- Second Annual Heart ofthe Philanthropist Series Alumni Reunion Alumni of the two-year Heart of the Philanthropist Retreat Series hosted by CMF and the Fetzer Institute from 2004-2006, will come together at Gilchrist, a Fetzer Institute retreat center, to continue a self-guided reflection of the connection between their professional roles in philanthropy and their personal values. The first reunion held in 2008 has generated an upcoming article and an anticipated breakfast roundtable at the 36111 annual conference to share the experience and identify other CMF members interested in joining alumni for annual convenings. March 2-4, 2009- Symposium on Becoming a Diverse and Inclusive Foundation Teams from up to 20 CMF member foundation selected to participate in our first diversity and inclusion Community of Practice, leaders from the Diversity in Philanthropy Project consulting team, CMF trustees, members of the Governance Committee and Advisory Committee for Transfonning Michigan Philanthropy, CMF staff and select national guests will come together for a deep exploration of diversity and inclusive practice in foundations. The program wi ll be informed by the specific aspirations, needs and interests of participants. The Symposium is being co-developed and co-hosted by CMF and its partner, The Diversity in Philanthropy Project. Please save the dates and join us! Spring 2009- Web 2.0 and Digital Media Programming A working group of CMF members who lead communications, digital media and information technology is working with Kathy Ginocchio, CMF director of technology and Vicki Rosenberg on a series of three workshops Communications Network-Michigan will offer in 2009 on Web 2.0 and Digital Media. The first will focus on the connection between Web 2.0 and digital media for communications and IT staff; the second for communications and program staff; and the third on communications and grants management staff. The working group includes Dianne Price, director of public affairs, W.K. Kellogg Foundation, Mitch Hurst, team leader-new media, Charles Stewart Mott Foundation, Scott Robinson, media manager, W.K. Kellogg Foundation, Gavin Clabaugh vice president information services, Charles Stewart Mott Foundation and Cynthia Shaw, communications director, The Kresge Foundation. III. INCREASE STRATEGY - To provide programs, resources and technical assistance to build the capacity of community foundations June 27-29,2008 Youth Grantmakers Summer Leadership Conference More than 225 youth grantmakers and advisors representing 37 YACs from Michigan and 8 YACs from around the country gathered for a weekend to discuss issues surrounding youth philanthropy at the University of Michigan. By learning from each others' experiences, and creating new memories each day, participants were able to engage in conversations about the amazing things they do and the challenges they face. This year's theme, "I Am Only One: One Individual, One Community, One Vision," was reflected through each day' s programming. The sessions allowed participants to strengthen individual leadership skills as well as gain insights on teamwork and community building. One of the �President's Report October 3, 2008 Page 5 highlights was the "One Community" aspect of the conference where YACers participated in Box City, a community building activity. Given a few guidelines, tons of random materials, and the opportunity to use creativity to the maximum capacity, participants were asked to plan and build the ideal city. In addition, the following new youth and adult members were added to the Michigan Community Foundations Youth Project Committee (MCFYP) a standing committee of CMF: Added to class of2010: • Madelynne Wager- Senior, Greenville Area Community Foundation • Colleen Knight - Advisor, Branch County Community Foundation Class of 20 11 : • Christian Birky- Senior, Allegan County Community Foundation • Bryan Lewis- Senior, Southfield Community Foundation • Kyle Musolf- Freshman, Lenawee Community Foundation • Mackenzie Price- Junior, Hillsdale Community Foundation • Scott Dane- Advisor, Capital Region Community Foundation IV. LEAD STRATEGY- To educate members through programs and resources The Public Policy Report previously referred to and earlier in the Board Agenda covers many of these activities. A special update on the Transforming Michigan through Diversity and Inclusion Initiative is included as Attachment A. In addition, it is valuable to note that CMF's role in collaborative responses to issues has been supported by the following special grant support since the May Board Meeting. • 2008 EngAGEment Matching Grant - $5,000 from Grantmakers in Aging for 1 year beginning 6/30/08 • Office ofthe Foundation Liaison- Phase Ill- $190,000 from 3 Funders for 3 years beginning 10/ 1/08 • Land Use Funders Group - 9 Funders $18,500 for 2009 event • Nonprofit Council for Charitable Trusts to the Office of the Attorney General- $70,000 from the Herbert H. & Grace A. Dow Foundation for 2 years beginning 6/30/08 • Annual Meeting of the Michigan Women & Girls Affinity Group- $7,500 from the Ceres Trust for the May 2008 event STRATEGY - To contribute to national and global dialogues on advancing community philanthropy Donnell Mersereau, Director, Community Foundations, and Executive Director ofMCFV, traveled to Europe to participate in two Transatlantic Community Foundations Network (TCFN) events and to provide consulting services to TCFN member community foundation staff and trustees. The first TCFN Peer Exchange in Prague focused on Bequests as a long-term asset development strategy and was hosted by the Community Foundation Euroregion Labe (Czech Republic) in partnership with Presov Community Foundation (Slovakia). The 24 participants from nine countries explored how community foundations can use bequests to develop assets, especially in environments where there is �President's Report October 3, 2008 Page 6 scant understanding of the idea of a philanthropic bequest. As part of the social program, participants enjoyed a reception at the residence of the Ambassador of the United States, Richard W. Graber, who engaged in an in-depth conversation about the role of community foundations locally and internationally. The second TCFN event- the Berlin Milestone Meeting-marked the closing ofTCFN Phase III and the beginning of a transition period that will result in the transfer of the network to Community Foundations of Canada (CFC). The evolving transnational dimension of community foundation activities and its potential for the future development of organized philanthropy was the cross-cutting theme for the conference. The new TCFN book "Local Mission- Global Vision. Community Foundations in the 21 st Century" was premiered at the conference and Lucy Bernholz, Blueprint Research and Design, and contributor to the book, was a keynote speaker. Ms. Mersereau received a special recognition at the conference for her 9 years of participation as a TCFN Ambassador, working group leader, community foundation consultant, on-site host to TCFN members visiting Michigan, and network member. Ms. Mersereau consulting itinerary included working with the staff and trustees of the Community Foundation for Ireland, YouthBank staff of the Community Foundation for Northern Ireland, and the 5 largest and oldest Gernmn community foundations on issues of growth and transitional roles of boards and staff. IV. NETWORK STRATEGY- To provide programs and resources linking grantmakers and grantmakers with grantseekers CMF's major networking activity, the Annual Conference, is highlighted in an action item earlier in the Agenda. CMF provided staff support to the annual Michigan Nonprofit Day on September 24 which featured 200 nonprofits and a number of CMF members as participants. MOU with National Communications Network This fall, CMF finalized a Memorandum of Agreement with the Communications Network to guide the work we will do together through the Communications Network-Michigan, the first state affiliate of the Network. VI. PROMOTE STRATEGY - Provide leadership for coordinated regional/national communications on the sector Philanthropy 3D/Michigan & Midwest- Update In January 2008, CMF received a $75,000 grant from The David & Lucille Packard Foundation to design and pilot Philanthropy 3D/Michigan whose goal isfor influential leaders in Michigan to appreciate and seek partnerships with foundations to improve the quality of life in Michigan. The Forum of Regional Associations ofGrantmakers (Forum) also provided a grant of$20,000 to CMF to test the 3D model in a small and mid-sized regional association (Donors Forum of Wisconsin and Indiana Grantmakers Alliance) to inform a final model and tools that can be used by regional associations across the U.S. �President's Report October 3, 2008 Page 7 • A May 1 meeting of senior communications executives from CMF member foundations. The meeting generated a high level of interest in participating in the p ilot which is designed to coordinate the development of common messages about the transformational value Michigan foundations provide to solving priority needs in our state. For purposes of this pilot, the priority need is "increasing Michigan's economic competitiveness." Next steps infonned by the May 1 meeting are as follows : • • • • Interviews of21 trustees ofCMF member foundations and 44 leaders from Michigan 's public, private, nonprofit and higher education sectors indentified by those trustees to understand their perceptions of how foundations are "increasing Michigan's economic competitiveness." Interviews will be conducted by the 3D evaluation team from the Community Research Institute (CRI), Johnson Center for Philanthropy and Nonprofit Management, Grand Valley State University. Data collection and interviews of CEOs and communications directors of member foundations engaged in strategic grantmaking (i.e., those that convene key stakeholders, advocate for public policy reforms and collaborate or partner with other foundations and public, private and nonprofits to achieve their grantmaking goals) in the Public Policy Committee and Office of the Fou ndation Liaison priority areas, i.e. healthcare, K-16 education, land use, corrections, economic development/workforce development. Audit of messages being used by member foundations (discussed above) in communications with trustees and external audiences about their work to "increase M ichigan's economic competitiveness" Development of common messages about the value and impact of Michigan foundations for use in CMF and member communications Design of a strategic plan for CMF's first "State of Philanthropy Report" which will launch the new message platform on the value and impact of Michigan foundations collectively. The report will be one of the major products of the 3D project. Michigan Philanthropy Oral History Project The 24 full digital recordings of member stories captured through the Michigan Philanthropy Oral History Project will be launched this fall as ;~ part of the Johnson Center online digital archives in the Grand Valley n 0 State University library. The recordings will be available to scholars, IO~AL H I S TO R Y PROJECT 1 students and others and a third round of recordings is scheduled for the end of October 2008. Plans are also underway to review this next set of recordings with Tamar Charney of Michigan Radio for additional broadcast opportunities similar to fall 2007. M~t,( HW/-. ~~~G A Nl h i I a n t h r py STRATEGY- Publish articles, reports and studies As noted in the Government Relations Report, CMF commissioned Cambridge Associates with support from the C.S. Mott Foundation to complete an analysis of the excise tax on private foundations that was released in early September. In partnership with the Michigan Nonprofit Association, CMF is co-producing this fall the third Economic Impact of the Nonprofi t Sector Report, prepared by Public Sector Consultants STRATEGY - Provide financial support for high profile events �President's Report October 3, 2008 Page 8 As noted earlier, CMF provided financial as well as staff support for Nonprofit Day in Lansing on September 24. CMF is again providing financial support for the Annual West Michigan Philanthropy Day on November 6, 2008 which this year is recognizing CMF member the Wege Foundation. CMF has also donated save the date postcards featuring the Detroit Institute of Arts for the November 46, 2009 Independent Sector Annual Conference taking place in Detroit. STRATEGY - Engage in media relations The Office of the Foundation Liaison was mentioned in an August 18, Washington Post article titled Some Nonprofits Push for Increased Federal Involvement. CMF was mentioned in a September 22, article in the Grand Rapids Business Journal titled Community Foundations guard nearly $1 billion. Staff News Grantmakers for Education Convening on Peer Learning Networks Vicki Rosenberg participated in an invitational convening hosted by Grantmakers for Education (GFE) in Minneapolis in May that examined lessons learned about effective funder networks. Kresge Foundation Program Officer Wendy Lewis Jackson joined Vicki and other regional association and foundation representatives to share stories and discuss case studies. The event was designed to inform GFE's strategic plan for working more closely with regional associations and other infrastructure organizations. WINGS Peer Learning Event Vicki Rosenberg participated in an intensive three-day training program on Emergent Learning Mapping (ELM) in September sponsored by the Worldwide Initiatives for Grantmaker Support (WINGS). ELM is a process designed to help diverse stakeholders develop theories of change and action plans for solving common problems. CMF plans to employ the ELM process at the Symposium on Diverse & Inclusion Foundations it is co-sponsoring with the Diversity in Philanthropy Project on March 2-4, 2009. Forum of Regional Associations (Forum)/Council on Foundations (COF) Working Group on Grantmaker Education Vicki Rosenberg will serve on a new Forum/COF working group charged with developing recommendations for collaborative work the two organizations can undertake together. CMF member and COF Trustee, C. David Campbell, president, McGregor Fund w ill represent COF. The first meeting will be October 21 , 2008. Communications Network Vicki Rosenberg presented the Philanthropy 3D/Michigan project, a regional pilot of the Philanthropy Awareness Project funded by the David & Lucille Packard Foundation, at the Communications Network Annual Conference in Chicago on Sept. 25. Her co-presenters were Mark Sedway, project director, PAl and Eric Brown, communications director, Will iam & Flora Hewlett Foundation. �President's Report October 3, 2008 Page 9 Forum Summer Conference Vicki Rosenberg presented CMF's work on Transforming Michigan Philanthropy Through Diversity and Inclusion in a plenary session at the Forum Summer Conference. Her co-presenters were Anna Pond, consultant, Diversity in Philanthropy Project and Renee Branch, director of inclusive practice, Council on Foundations. Kellogg Action Lab Convening on Communications Rebecca Noricks, CMF communications manager, participated in a Kellogg Action Lab Convening on communications on August 7-8, 2008. Topics covered included strategic communications planning and using Web 2.0 and digital media to reach target audiences more effectively. 2"d Annual ARNOVA-COF Conference on Diversity & Foundation Effectiveness- Oct. 15-17, 2008 Vicki Rosenberg will participate in this invitational meeting in a series designed to explore research topics related to diversity in philanthropy. � 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_2008-10-13_Presidents-Report Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50747 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/8916ee7a58a058e24fdfe9dc9d08b8db.pdf ee6c34f64a87602547cb759f03ca8191 PDF Text Text CMF Council of Michigan Foundations Serving grantmakers. Advancing giving. Board of Trustees Meeting Minutes Tuesday, May 20, 2008 Ziibiwing Center, Mt. Pleasant The Meeting of the Board of Trustees of the Council of Michigan Foundations (CMF) was held at the Ziibiwing Center on Tuesday, May 20, 2008, pursuant to written notice duly given. Chairperson Diana R. Sieger called the meeting to order at 2:00 p.m. Trustees and Officers present: Caroline E. Chambers Robert S. Collier Thomas B. Cook Wesley H. Maurer, Jr. Rachel Mraz Phillip H. Peters Carol Paine-McGovern Thomas S. Porter DavidS. Sebastian Christian A. Velasquez Daniel J. Wyant Guests: Karen Aldridge-Eason, Foundation Liaison Shirley Martin Decker, Mt. Pleasant Area Community Foundation Steve Martineau, Mt. Pleasant Area Community Foundation Dr. Mike Rao, Central Michigan University Stan Rathburn, Mt. Pleasant Area Community Foundation Joe Sowmick, Saginaw Chippewa Indian Tribe Staff: Susan Cuddington, Executive Assistant to the President Jeri Fischer, Director, Membership & Special Projects Mike Gallagher, Editorial Consultant Mike Goorhouse, Program Assistant, Youth Philanthropy Susan Howbert, Director, Family Philanthropy David Lindberg, Vice President, Finance & Administration Dana Linnane, Public Policy Fellow Becky Noricks, Communications Manager Surabhi Pandit, Russell G . Mawby Intern Vicki Rosenberg, Vice President, Education, Communications & External Relations ACTION ITEMS Consent Agenda Upon motion duly made, supported and unanimously approved, it was RESOLVED that the Consent Agenda items be approved: February 12, 2008 Board of Trustees Meeting Minutes May 2, 2008 Executive C ommittee Minutes �Board Mi nutes May 20,2008 Page 2 Financial Report/Internal Statements for March 31, 2008 Investment Committee Report for March 31, 2008 Treasurer's Report/ Year E nd Audit Treasurer Phil Peters and Dave Lindberg presented the 2008-2007 Audit Report, noting the report was not available for print until the morning of the Board Meeting. He reviewed CMF's eleven endowment funds and the new Board designated fund approved in May 2007. Due to the late distribution of the Audit Report, the motion to approve the Audit was tabled until the next regularly scheduled Board Meeting. Upon motion duly made, it was RESOLVED to postpone the motion to approve the Audit Report until the next scheduled Board Meeting, October 13, 2008. Amendments to Articles and Bylaws re: Electronic C ommunication Rob Collier introduced the amendments to the Michigan Nonprofit Corporation Act now signed into law that pennit 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. Dave Lindberg noted a I 00% response rate is required to take action if the vote it is presented by electronic means. Depending on how a foundation's articles or bylaws are written, amendments may need to be made. CMF will be sending out an announcement of this change to the membership. Upon motion duly made, supported and unanimously approved, it was RRSOT ,VRD 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. Membership and Dues Increase Marketing Plan Rob Collier presented the Membership Report. In an effort to reach out and recruit more corporate giving programs, the Membership Committee recommended lowering the threshold criteria for corporate giving programs to $25, 000 over a five year period. Upon motion duly made, supported and unanimously approved, it was RESOLVED that the criteria for membership for the category: C orporate 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." Government Relations Committee Co-Chair Carol Paine-McGovern presented the Government Relations update. Thirty-five members participated on the visit to Capitol Hill in March. Ms. Paine-McGovern reported the Mott Foundation has issued a grant to CMF to retain Cambridge & Associates to perform an analysis on what the current revenue neutral number should be to simplify the excise tax to a flat tax. To support this effort, Goal 4 from the approved CMF Legislative Goals Statement needs to be changed. �Board M in utes May 20, 2008 Page 3 Upon motion duly made, supported and unanimously approved, it was RESOLVED that Goal 4 be amended from repeal of the excise tax on private foundations to support simplification of the excise tax on private foundations. Ms. Paine-McGovern presented a recommendation that CMF, as the leading regional association of grantmakers, take a position on legislation initiated by the Greenlining Institute in California that they are trying to get introduced in four additional states and with Congress. The Board discussed the widespread opposition to the bill by the Council on Foundations, Independent Sector, and the California regional associations of grantmakers. 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. Ms. Paine-McGovern shared that further amendments to the Michigan Nonprofit Corporation Act are moving through the Legislature and recommended that CMF take a position on HB 568 1 that addresses issues recommended by the Nonprofit Panel convened by Independent Sector. 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 �Board Mi nutes May 20, 2008 Page 4 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. Public Policy Committee Public Policy Fellow Jaclyn Miel-Uken introduced Dana Linnane, incoming Public Policy Fellow, who will begin work at CMF on June 23. Ms. Miel-Uken noted the Public Policy Committee met last month with a forecasting presentation by the Citizens Research Council. She encouraged all Trustees to attend the June 4 Foreclosure Briefing in Lansing. Karen Aldridge-Eason, Office of the Foundation Liaison (OFL), added that she is looking forward to having Dana work two days a week with the OFL. Rob Collier presented a request from the Michigan Association of United Ways that CMF support legislation to enable residents to donate to the United Way using their income tax form, similar to the check off now available for donations to the Children' s Trust Fund. Upon motion duly made, supported and unanimously approved, it was 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. On behalf of the co-chairs of the Public Policy Committee, Collier asked for support of the following resolution recognizing Jaclyn Miel-Uken for her service as Public Policy Fellow. RESOLVED that the Board of Trustees of the Council of Michigan Foundations (CMF) extends it appreciation to Jaclyn Miel-Uken for her dedicated service including: coordinating Public Policy Briefings with the Office of the Foundat ion Liaison; organizing groups of funders such as the Arts Affinity Group; managing special projects such as the EngAGEment Initiative with Grantmakers in Aging; working with policymakers both in Lansing a nd Washington on new opportunities for philanthropy such as the L3C bill; conducting research for new collaboratives such as the Access to Recreation Initiative; and working with the staff and the Board of Trustees of CMF to strengthen, promote and increase philant hropy in Michigan. Annual Conference Conference Co-Chairs Caroline Chambers and Rachel Mraz presented the great selection of sessions that will be offered with the emphasis on diversity. Vicki Rosenberg noted the programm ing has been aligned in accordance with past suggestions. This year's theme is Achieving Michigan 's Transformation. Programming modifications include a later start on Sunday October 12 with a later end time on Tuesday, October 14. The 1-clickers will be back for �Board Minutes May 20,2008 Page 5 the town hall meeting. Trustees are encouraged to refer sponsorship opportunities to Dave Lindberg. Rob Collier introduced the proposed overlap/collaboration with Independent Sector's (IS) 2009 Annual Conference in Detroit on November 4-6. IS and CMF staff are recommending that the CMF Conference start first with a day of overlap on Wednesday, November 4 through Thursday lunch on November 5. Upon motion duly made, supported and unanimously approved, it was 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. Executive Session Chair Sieger excused all CMF staff from the room for a closed Executive Session to discuss the results of the annual performance review of the CMF President. President's Report Susan Howbert noted they have added overflow hotels for the Family Foundation Retreat June 13 - 15 on Mackinac Island. The first ever geocashing team event will be held as well as a boat cruise under the Mackinaw bridge with Tom Kelly from the Inland Seas. Ms. Howbert reported Trustee Dave Sebastian hosted a Be Ready By Five meeting at the Grand Rapids Children's Museum. Mike Goorhouse, Program Assistant for Youth Philanthropy introduced Surabhi Pandit, the new Mawby intern. She is a junior at the University of Michigan, past member of the MCFYP Board and fanner YACer from the Southfield Community Foundation. Vicki Rosenberg noted the Logic Model on Diversity & Inclusion included in the Board Materials. Jeri Fischer reported the winners of the Russell G. Mawby Award- Ronda Stryker & Bill Johnston and the Community Foundation Philanthropy Award winner is Walter North. Both awards will be presented as part of the Governor's Service Awards on June 19, 2008. Adjournment There being no further business to come before the Board, Chair Sieger adjourned the meeting at 4:15p.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_2008-10-13_Previous-Board-Minutes Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50748 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/71ec6eb1a634564ba1ffcabaaf75251c.pdf 271494e1c33a88dc4399d9b89cc464dd PDF Text Text CMF Counci l of Michi an Foun:fations Serving grantmakers. Advandn9 giving. October 1, 2008 Memo To: Diana Sieger, Chairperson and Members of the Board of Trustees From: Susan Broman, David Egner, Carol Goss - Public Policy Committee CoChairs and Dana Linnane, Public Policy Fellow Re: Public Policy Report As highlighted below, since the May 2008 Board meeting: • affinity groups have hosted a number of meetings; • numerous policy-related articles have been published; and • the fall/winter schedule of meetings, conferences, and briefings is shaping up. I. Meetings since the May 2008 Board Meeting • Michigan Grantmakers in Aging o Michigan EngAGEment Initiative Briefing at the Flint County Community Foundation (June 24). Funders and community leaders from Genesee, Lapeer, and Shiawassee Counties joined together, along with geriatrician Dr. Matthew Weiss, and worked to create a vision of possibilities for addressing current and future needs of older adults. o GIA 2009 spring conference committee planning meetings (June 30, July 30, August 25, and September 29) • Arts Affinity Group o Meeting with Arts Affinity Group members and representatives from the Department of Histories, Arts, and Libraries and the Pew Charitable Trusts to discuss Michigan's implementation of the Cultural Data Project (July 25) o Cultural Data Project Task Force Meetings (June 30, August 5, August 18, and September 15). A memo sent in May to the CMF Community Foundation Committee regarding the Cultural Data Project is enclosed as ATTACHMENT A. • Funders on Michigan's Economy o Foreclosure Briefing (June 4) • Michigan College Access Network o Network Workgroup Meetings (July 15, August 6, and September 18) o At the August MCAN meeting, representatives from the National College Access Network presented the national access model. Information shared with funders regarding the NCAN model is enclosed as ATTACHMENT B. • Michigan Land Use Funders' Meeting (June 9 and August 21) • Michigan Access to Recreation Policy Advisory Committee Meeting (September I I) • K-16 Education Funders o Leadership Planning Meeting (May22) o Funders Meeting (September 22). Chuck Wilbur, senior policy advisor to Governor Granholm, briefed funders regarding the new 21st Century Schools Fund legislation. lnfonnation regarding 21 st Century Schools Fund included as ATTACHMENT C. �Public Policy Report Page 2 • Michigan Grantmakers for Women & Girls o The White House Project Funders Reception & Go Run Training (May 30) o Funders Annual Meeting (June 12) II. Public Policy Communications Since the May Board Meeting, CMF published eleven policy-related News Wire articles and shared 21 public policy resources via the monthly E-News. CMF NewsWire 9/ 16/08 New Senate Philanthropy Caucus To Help Foundations & Congress Work Together • 9/ 12/08 Governor Asks Foundations' Help In Replacing Large, Ineffective High Schools • 8/20/08 New Housing Bills Expected To Help Michigan Deal With Its Foreclosure Crisis 8/ 13/08 New State Advisory Council For Promising Prisoner Re-Entry Initiative • Granholm Announces Invest Michigan! Fund To Spur Economic Development; 8/6/08 • Foundations Asked To Help • 7/ 16/08 Kellogg Foundation-Funded Report Used As Key Document in State Education Budget Discussions 6/27/08 Environmental Threats Impacting Young Girls & Women, Say National Experts • Devastating Impact of Michigan's Foreclosure Crisis 6119/08 • Congress Passes New & Extended Charitable Legislation; IRA Charitable 6/6/08 • Rollover Fate Still Pending • 5/ 19/08 Foundations Working To Reduce Foreclosures in Western Michigan • 5/ 16/08 Redesigning Detroit's Food Systems Will Help ln1prove Health, Economy • E-News August 2008 • Outline of Changes to the Michigan Tax System • Health Insurance Coverage of Young Adults • Population Changes Across U.S. Counties • Community Smart Growth Readiness Assessment Tool • Revitalizing Arts Education Through Community-Wide Coordination July 2008 • Reforming the System of Care: A Review of Literature on Housing and Service Arrangements for Homeless Populations • A Complex Systems Approach to Understanding and Combating the Obesity Epidemic • Closing the Achievement Gap Series • Exploring Rural Context and Opportunities: A Report to the National Fund for Workforce Solutions • New Economic Development Tools June 2008 • Citizens Research Council: Michigan's Fiscal Future • Growth in Michigan' s Corrections System: Historical and Comparative Perspectives �Public Policy Report Page 3 • • • • The Economic Impact of Health Care in Michigan IT as Public Policy: The Case of Municipal Wireless Initiatives Michigan in the National KIDS COUNT Data Book 2008 Why Supporting Advocacy Makes Sense for Foundations May 2008 • Educational Access: Technology Counts 2008 • The Housing and Transportation Affordability Index • Michigan Strategic Opportunities for Rural Health hnprovement • Arts & Culture Advocacy Toolkit • Life After Lockup: Improving Reentry from Jail to Community III. Upcoming Meetings The following meetings are planned or in development: • Food Policy Funders Meeting in Lansing (October 22) • Michigan Grantmakers in Aging attend National GIA conference (October 28-31) • CMF Public Policy Cmmnittee Meeting (November) • K-16 Education Data Summit (November) • Michigan Land Use Funders' Meeting (November) • EngAGEment Conference in Lansing (May 2009) �CMF Council of Michi an Foun~tions Serving grantmakers. Advancing giving. Date: May 20, 2008 To: Brenda Hunt, Chair, CMF Community Foundation Committee From: Jaclyn Miel-Uken, Public Policy Fellow Re: Cultural Data Project Last month, the CMF Arts Affinity Group explored the Cultural Data Project (CDP) and charged an Advisory Group with the task of detem1ining if and how the project should come to Michigan. On May 13, the Advisory Group, co-chaired by Warren Goodell of the Southfield Community Foundation, determined that the project was desirable and feasible. This summer and fall, a series of regional presentations on the CDP and a fundraising campaign will begin. The Advisory Group would like to invite community foundations to participate in these regional briefings. About the CDP The Cultural Data Project was founded and is administrated by the Pew Charitable Trusts. The Cultural Data Project is a data-collection system that is standardized, statewide and securely Web-based. Nonprofit arts and culture organizations fi le their organizational and financial information online once a year and then use the information to apply to grants. Arts and cultural organizations can also use the data to benchmark themselves against other organizations using a variety of searchable criteria (type, size, geography, audience, etc.) The online data system eases the burden for both grantmakers and grantees. Grantmakers have ready access to the requisite information for due diligence and can get a sense of how their grantees measure up; grantees only have to file their infom1ation once annually instead of each time they apply for a grant. Furthem1ore, the CDP provides a powerful basis for advocacy. One noted problem in Michigan is that the data aren 't standardized or reliable and therefore campaigns, for example, about the economic impact of the sector, are not effective. The CDP data in other states has supported successful advocacy campaigns around this and other topics. The Cultural Data Project is expanding nationally. The CDP is currently operating in California, Maryland and Pennsylvania. Arts and culture organizations in these states can benchmark against each other as well as their instate counterparts. New York, Ohio, and �now Michigan, are planning to launch new statewide projects. Since the data are standardized, this tool has the potential to become comparable at the national level. For more information, please visit the Pew Charitable Trusts at http://www.pewtrusts.org/our work detail.aspx?id=20 and contact the CMF public policy fellow at jmieluken@michiganfoundations.org. � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Our State of Generosity Creator An entity primarily responsible for making the resource Grand Valley State University. Dorothy A. Johnson Center for Philanthropy Description An account of the resource Collection contains the records of four Michigan nonprofit organizations: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Service Commission, and the Johnson Center for Philanthropy at GVSU. The documents are compiled by the Johnson Center for Philanthropy, and records document the history of the organizations from the 1960s to the 2010s. Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant 1968-2014 Source A related resource from which the described resource is derived <a href="https://gvsu.lyrasistechnology.org/repositories/2/resources/515">Our State of Generosity collection, JCPA-04</a> Rights Information about rights held in and over the resource <a href="http://rightsstatements.org/page/InC/1.0/?language=en">In Copyright</a> Subject The topic of the resource Dorothy A. Johnson Center for Philanthropy Council of Michigan Foundations Michigan Nonprofit Association Michigan Community Service Commission Dorothy A. Johnson Center for Philanthropy Charities Philanthropy and Society Fundraising Records Michigan Publisher An entity responsible for making the resource available Grand Valley State University Libraries, Special Collections and University Archives, 1 Campus Drive, Allendale, MI, 49401 Contributor An entity responsible for making contributions to the resource Council of Michigan Foundations; Michigan Nonprofit Association; Michigan Community Service Commission Identifier An unambiguous reference to the resource within a given context JCPA-04 Language A language of the resource eng Text A resource consisting primarily of words for reading. Examples include books, letters, dissertations, poems, newspapers, articles, archives of mailing lists. Note that facsimiles or images of texts are still of the genre Text. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Identifier An unambiguous reference to the resource within a given context JCPA-04_CMF_2008_BB_2008-10-13_Public-Policy Title A name given to the resource Council of Michigan Foundations 2008-10-13 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 2008-10-13 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, 50749 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/dba820a6cc8d631f341f0223c3b6a8cb.pdf f367b9ae577e46f91b4ba2bbddce8d06 PDF Text Text Thinking About College Access What is College Access? Why is College Access so Important? Why Create a College Access Network? "It would be very difficult for you to affect and change a student's family income or his/her parents' education level. But you can help a student to go to college knowing that after college that student will experience success at the same rate as his/her seemingly more advantaged peers." Changing the Face of Education 3 National College Access Network �Thinking About College Access Thinking About College Access What is College Access? Why is College Access so Important? For our purposes, we will use "College Access" to mean the provision of hands-on, one-on-one advising to individuals to encourage and help them pursue and complete education beyond high school. Typically, a college access program serves students of tradit ional high school or college age who, because of various challenges including low socioeconomic status, lack of college educated role models, under-resourced high schools, etc. are unlikely to make a successful transition from high school to college without some outside assistance. Many college access programs also serve adults seeking to return to or enroll in college for the first time. In addition to providing counseling assistance, many college access programs provide "last dollar" scholarships to the students they serve. NCAN's goal is simple. We assume yours is as well: to help more low-income, first-generation or underrepresented students go on to college. "College" when used here refers to a Pell-eligible educational institution heyond th~ high school l~v~l. including thos~ th;,t off~r apprenticeship programs, certificates, and associate and/or bachelor degree programs. We use the word "college" because it is more familiar to most people and less pedantic than "postsecondary study." In the 21st century's information-driven service economy, a college education is critical to achieving professional and personal success. Those individuals who have a bachelor's degree (or higher), for example, earn $19,000 more per year (in 2006 dollars) than those with a high school diploma and encounter only about half the unemployment rate of those with just a high school diploma. Increased income of approximately $1 ,000,000 over a lifetime is just one of many rewards for the average college graduate when compared to someone with only a high school education. This is why we often call the decision on whether or not to go to college the "$1 ,000,000 decision." The rate at which students enroll in and complete college is dramatically influenced by their parents' education level, fam ily income, course selection and high school performance. However, after completing college, there is no difference in the success of those who are the first generation in their fam ilies to attend c:oll~ge ilS comp;,red with those whose p;,r~nts who have degrees. Advantages of a College Degree (U.S. Department of Education) • • • • • • • • • • • • Increased earnings Greater fringe benefits Better working conditions Better ability to select appropriate savings instruments Better health and longer life Lower disability rates Fewer unwanted children Better health of children Tendency to select spouse with higher earning potential Tendency to make more informed purchases Tendency to raise children in ways that enhance the effects of formal schooling Increased chances that children will attend college Guide to Creating a Statewide College Access Network National College Access Network 4 �Thinking About College Access Why Create a College Access Network? There are many ways to guide students toward achieving college access. A statewide Network is a unique college access support system that is usually focused on the creation and sustainability of community-based college access organizations. Unlike other member organizations and associations, a Network not only concentrates on supporting its members but also focuses on replicating successful college access programs across the entire state. The Network staff analyzes the college access needs of the state, identifies existing programs and then creates a plan to fill the gaps in services to lowincome, first generation potential college students. If your plan is to limit the scope of your services to those attending a particular school district or living in a certain county, you should build a college access program. If you want to reach students throughout the state, you should create a statewide college access network. This guidebook will not tell you how to build various college access programs; other NCAN guidebooks are devoted to that (visit www.CollegeAccess.org to view additional guidebooks). Rather, this guidebook will describe how you can build a Network that will create and support multiple college access programs. Education, Earnings, and Tax Payments Median Earnings and Tax Payments by Level of Education, 2003 Professional Degree $26,700 $95,700 Docrorate Degree $21,200 $79,400 ============I $14,900 $59,500 Master's Degree Bachelor's Degree Associate Degree $11,900 $49,900 ======~ I $8,600 $37,600 I Some College, No Degree $8,100 $35,700 Taxes Paid After-Tax Income I High School Graduate $6,700 $30,800 I Not a High School Graduate $4,300 $21,600 I $0 $20K $40K $60K $80K $100K Notes: Includes full-t ime, year.round workers age 25 and older. Tax payments are based on 2002 tax rates and do not incorporate the 2003 feOOral income tax reductions. Source: U.S. Census Bureau, 2004, PINC-03: Internal Revenue Service, 2003, Table 3: Mcintyre, et al, 2003: calculations by the authors. Sollee: Baum, Sandy & Payea, Kathleen. Education Pays 2004: The Benefits o f Higher Education for Individuals and Society, Trend in Higher Education Series, The College Board, Revised Edition 2005, p10. Changing the Face of Education 5 National College Access Network � 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_2008-10-13_Thinking-About-College-Access Title A name given to the resource Council of Michigan Foundations 2008-10-13 board book thinking about college access 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 2008-10-13 board book thinking about college access. 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, 50750 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 2008-10-13 https://digitalcollections.library.gvsu.edu/files/original/bbbb33a4c69485148a93b7dd78d631e7.pdf b2ac423a9048a531264b4955bc2d0e75 PDF Text Text CMF Councilof Michi an Foun~tions Serving grantmakers. Advancing giving. Board of Trustees Meeting Tuesday, February 24, 2009 10:00 a.m.-3:00p.m. University Club ofMSU (directions in front pocket) Rooms B106 & 107 3435 Forest Road Lansing, MI 48909 517.353.5111 AGENDA I. Tab Call to Order/Introductions Melonie Colaianne, Chairperson ACTION ITEMS II. Consent Agenda Minutes of October 13, 2008 Board Meeting Minutes of the February 9, 2009 Executive Committee Meeting Treasurer' s Report Investment Committee 1 III. 2009-10 Plan of Work Rob Collier 2 IV. 2009- 10 Budget Phil Peters & Dave Lindberg 3 V. Membership Committee John Colina 4 VI. Government Relations Andrea Cole & Carol Paine-McGovern 5 �Board Meeting Agenda February 24, 2009 Page 2 REPORTS VII. President's Report • 37th Annual Conference • Diversity & Inclusion Initiative Carol Goss, Vicki Rosenberg & K imberly Burton • Public Policy Dave Egner & Dana Linnane 12:30 p.m. VIII. Break for LUNCH in Dining Room Special Briefing: M ichigan's Response to the Federal Stimulus Package • • IX. 6 Regina Bell Director of Policy, Office of Governor Jennifer Granholm Stanley "Skip" Pruss Director, Michigan Department of Energy, Labor & Economic Growth (DELEG) (bios in back pocket) Adjournment Next Meeting Dates: Board of Trustees Meeting Date: Thursday, June 4, 2009 Location: MASCO Corporation Foundation, Taylor 3ih Annual Conference - November 4--6, 2009 Date: November 5, 2009 Time: 2:30- 5:00 p.m. Location : Detroit Marriott �CMF Council of Michigan Founaations Serving grantmakers. Advancing giving. Executive Summary of2.24.09 Board Agenda TAB I. Call to Order & Introductions- Melonie Colaianne, Chairperson ACTION ITEMS II. Consent Agenda Minutes of October 13,2008 Board Meeting Minutes of the February 9, 2009 Executive Committee Meeting Treasurer's Report Investment Committee 1 RESOLVED that the October 13, 2008 Board of Trustees Meeting Minutes, the February 9, 2009 Executive Committee Minutes, the December 31, 2008 Financial Statements and the December 31, 2008 Investment Committee Report be accepted as presented. III. 2009-10 Plan of Work 2 RESOLVED that the Plan of Work for 2009-10 be approved as recommended by the Executive Committee. IV. 2009- 10 Budgt:l 3 RESOLVED that the CMF Board of Trustees accept the 2009-10 CMF Core Services and Endowment Funds Budgets as recommended by the CMF Audit & Executive Committees. AND RESOLVED that the CMF Board of Trustees approve a one year operating surplus sharing system for 2009-10 in which all CMF staff working at least 16 hours a week, except for those staff dedicated 100% to special projects, are eligible to share equally in up to $10,000 of any Core Member Services surplus. V. Membership Committee 4 RESOLVED that the following grantmakers be approved for membership: • The Gerald C. Timmis and Dorothy S. Timmis Foundation, Novi • Foellinger Foundation, Fort Wayne, IN • Citizens Banking Corporation Charitable Foundation, Flint AND RESOLVED that the Membership Committee recommends that the 21 delinquent members as listed below be dropped from the CMF membership as of March 31, 2009. AND RESOLVED that each Trustee and other volunteers from the membership be invited to call three members each between March and May 2009 with a goal to promote the value of membership in CMF. �Board Agenda Summary February 24, 2009 Page 2 TAB AND RESOLVED that the seven Guidi1tg Pri1tciples that are a condition of membership be amended for Corporate Giving Program members to: 1. Adhere to the highest standards of ethical behavior in all corporate giving actions. 2. Honor the charitable giving intent of the corporation. 3. Have an identifiable active group within the company that sets and regularly reviews policies impacting grantmaking, including: conflict of interest, self dealing, finance and communications. 4. Be accessible by having basic grantmaking information readily available regarding funding priorities and application requirements. 5. Build constructive relationships based on mutual respect, candor, confidentiality and understanding with the public, applicants and grantees. 6. Strive to include the perspectives, opinions and experiences of the broadest possible cross-section of people to inform the corporate giving program through its advisors/consultants, its business practices, and other interactions with the nonprofit community. 7. Support continuous learning by both corporate staff responsible for giving programs and grantees. VI. Government Relations 5 RESOLVED that CMF support the addition of Goals to its 2009 Legislative Priorities Statement that address the issues of: orphan trusts, community foundations distributing designated federal funds, a formal position with goals for the Estate Tax in 2010 and promotion of a White House Conference on Philanthropy in 2010 as summarized. REPORTS VII. President's Report • 37th Annual Conference • Diversity & Inclusion Initiative Carol Goss, Vicki Rosenberg & Kimberly Burton • Public Policy Dave Egner & Dana Linnane 12:30 p.m. Break for LUNCH in Dining Room VIII. Special Briefing: Michigan's Response to the Federal Stimulus Package 1:15- 3:00p.m. • Regina Bell Director of Policy, Office of Governor Jennifer Granholm • Stanley "Skip" Pruss Director, Michigan Department of Energy, Labor & Economic Growth (DELEG) (bios in back pocket) IX. Adjournment 6 � 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_2009_BB_2009-02-24_Board-Agenda Title A name given to the resource Council of Michigan Foundations 2009-02-24 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 2009-02-24 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, 50753 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 2009-02-24