2016 Annual Report


Arts & Culture
Ann Arbor Art Center, Ann Arbor MI – $ 170,000.  New Building Campaign  … 2016 – 2018
Michigan Theater Foundation, Ann Arbor, MI – $1,000,000.  Capital Campaign  … 2016 – 2020
Midland Center for the Arts, Midland, MI – $ 1,500.  Matching Grant … 2016
Civic & Community
Ann Arbor Teen Center: Neutral Zone, Ann Arbor, MI – $ 100,000.  S.C.O.R.E Program  … 2015 – 2019
Girls Group, Ann Arbor, MI – $1,000.  Matching Grant… 2016
CivCity, Ann Arbor, MI – $ 1,000.  Matching Grant  …  2016
Goodwill Industries of Northern Michigan, Traverse City, MI – $ 20,000.  Goodwill Inn  … 2016
First United Methodist Church, Grand Rapids, MI – $ 4,000.  Matching Grant … 2016
Friends In Deed, Ypsilanti, MI – $ 45,000.  Operations  … 2015 – 2017
Michigan League for Public Policy, Lansing, MI – $ 1,000.  Matching Grant … 2016
Midland Area Community Foundation, Midland, MI – $ 500.  Matching Grant.  … 2016
Ronald McDonald House of Western Michigan, Grand Rapids, MI – $ 30,000.  Safe, Warm, & Dry Project  … 2016
St. Andrew’s Episcopal Church, Ann Arbor, MI – $ 10,000.  New Organ  … 2016
St. Louis Center, Chelsea, MI – $ 750,000. Construction of Homes  … 2015 – 2019
Southern Shores Field Service Council, Ypsilanti, MI – $ 17,000.  Scoutreach Program & Special Assistance Fund  … 2016
Student Advocacy Center of Michigan, Ypsilanti, MI – $ 70,000.  Operations  … 2016 – 2017
West Midland Family Center, Shepherd, MI – $ 150,000.  Program Support  … 2015 – 2017
Education
Calvin College, Grand Rapids, MI – $ 500,000.  Ecosystem Preserve & Bunker Interpretive Center  … 2015 – 2019
Center for the Education of Women, Ann Arbor, MI – $ 500,000.  Scholarship Program Fund $300,000 & $200,000
Community Counseling Fund … 2014 – 2018
Council of Michigan Foundations, Grand Haven, MI – $ 8,300.  Membership Grant … 2016
Gerald R. Ford School of Public Policy, Ann Arbor, MI – $ 750,000.  The Riecker Michigan Delegation Fellowship … 2015 – 2017
Culver Educational Foundation, Culver, IN – $ 5,000.  Matching Grant … 2016
Delta College, University Center, MI – $ 500.  Matching Grant … 2016
Finlandia University, Hancock, MI – $ 212,071.  Program Support  … 2016 – 2017
Interlochen Center For The Arts, Interlochen, MI – $ 1,000,000.  Phase One of the Music Complex  … 2015 – 2018
Interlochen Public Library, Interlochen, MI – $ 50,000.  New Library & Community Room Capital Project  …  2016
University of Michigan Library, Ann Arbor, MI – $ 1,000,000.  Endow and Name a Conservation Librarian Position  … 2016 – 2020
University of Michigan Clements Library, Ann Arbor, MI – $ 2,000.  Matching Grant  …  2016
Michigan State University, College of Law, East Lansing, MI – $ 500,000.  Endow Rural Legal Services  …  2015 – 2016
Michigan State University, East Lansing, MI – $ 250.  Matching Grant … 2016
New York University, New York, NY – $ 1,000.  Matching Grant … 2016
Northwood University, Midland, MI – $ 250.  Matching Grant  … 2016
Saginaw Valley State University, Saginaw, MI – $ 250.  Matching Grant  … 2016
Starr Commonwealth Schools, Albion, MI – $ 100,000.  Integration of Albion Water … 2016 – 2017
University of Michigan, School of Law, Ann Arbor, MI – $ 500.  Matching Grant  … 2016
University of Michigan School of Education, Ann Arbor, MI – $ 1,000,000.  Multi-Initiative Campaign  … 2014 – 2017
Washtenaw Community College Foundation, Ypsilanti, MI – $ 500,000.  Campaign for Success  … 2014 – 2018
ENVIRONMENTAL
Chippewa Nature Center, Midland, MI – $ 15,000.  Relocation of Whiting Forest Tower to CNC’s Wetlands  … 2016
Conservation Resource Alliance, Traverse City, MI – $ 60,000.  River Care Program  … 2016
Grass River Natural Area, Bellaire, MI – $ 500.  Matching Grant  … 2016
Legacy Land Conservancy, Ann Arbor, MI – $ 1,000.  Matching Grant … 2016
Nature Conservancy, Lansing, MI – $ 500,000.  The Great Lakes Project  … 2014 – 2017
Health & Human Services
Arbor Hospice, Ann Arbor, MI – $ 500,000.  The Campaign for Arbor Hospice  … 2014 – 2017
Charlevoix Area Hospital Foundation, Charlevoix, MI – $ 150,000.  Capital Project  … 2016 – 2018
Child & Family Services/Third Level Crisis, Traverse City, MI – $ 30,000.  Capital Support  … 2016
Corner Health Center, Ypsilanti, MI – $ 200,000.  Operations  …  2016 – 2020
Focus:HOPE, Detroit, MI – $ 500.  Matching Grant … 2016
Food Gatherers, Ann Arbor, MI – $ 1,000.  Matching Grant   … 2016
Hope Dental Clinic, Ypsilanti, MI – $ 150,000.  Operations  … 2016 – 2020
Mary Free Bed, Grand Rapids, MI – $ 500,000.  Expansion and Renovation Project  … 2016 – 2020
Massachusetts General Hospital, Boston, MA – $ 1,500.  Matching Grant … 2016
Michigan Humanities Council, Lansing, MI – $ 1,000.  Matching Grant  … 2016
Midland’s Open Door, Midland, MI – $ 250.  Matching Grant  … 2016
MidMichigan Medical Center, Midland, MI – $ 300,000.  New Building  … 2015 – 2017
MidMichigan Medical Center, Midland, MI – $ 250.  Matching Grant  … 2016
Partners in Personal Assistance, Ann Arbor, MI – $ 15,000.  Operations  … 2016
S.D. Hassenfeld Children’s Center, New York, NY – $ 2,000.  Matching Grant  … 2016
Shelter Association of Washtenaw County, Ann Arbor, MI – $ 2,500.  Matching Grant  …  2016
United Way of Midland, Midland, MI – $ 1,000.  Matching Grant  … 2016
University of Michigan Food Allergy Program, Ann Arbor, MI – $ 2,000.  Matching Grant  … 2016

 

Balance Sheet

December 31,2016

ASSETS Book Value Market Value
Cash & Equivalents $ 5,280,328 $5,280,328
Investments $26,392,944 $ 58,593,803
Fund Balance $31,673,272 $63,874,131

Statement of Changes in Fund Balances

Year Ended December 31, 2016

    Book Value Market Value
Fund Balance January 1   $27,880,433 $55,415,055
Increase in Market Value during the year     $4,666,237
Contributions      
Investment Income $6,971,404    
Investment Expense $(38,437)    
Operating Expenses $(82,578)    
Net Income   $6,850,389 $6,850,389
Federal Excise Tax   $0.00 $0.00
Grant Payments   $(3,057,550) $(3,057,550)
Fund Balance December  31   $31,673,272 $63,874,131