Crain's Detroit Business, Dec. 20, 2021 issue

Page 86

CRAIN'S LIST | PHILANTHROPIC GIFTS Ranked by gift amount COMPANY ADDRESS PHONE; WEBSITE

GIFT AMOUNT ($000,000)

GIVER

GIFT PURPOSE

1

MICHIGAN STATE UNIVERSITY

$32.0

Mat Ishbia

UWM Holdings Corp. president and CEO Mat Ishbia committed $32 million to Michigan State University. The donation will primarily go towards the athletics department. The largest chunk of the donation, $20 million, will be used to renovate the Skandalaris Football Center. The gift will also include $2 million to be used at the discretion of men's head basketbal coach Tom Izzo, whom Isbia called a mentor.

2

CRANBROOK ACADEMY OF ART

$30.0

Jennifer and Dan Gilbert

To help make the private graduate school more accessible to underrepresented racial and ethnic groups. The gift, made directly by the founder and chairman of Detroit-based Rocket Companies Inc. and his entrepreneur wife, is the largest in the history of the academy and believed to be the largest to a graduate art program in the country.

3

UNITED WAY FOR SOUTHEASTERN MICHIGAN

$25.0

MacKenzie Scott

United Way is focusing on three things as it looks at where to spend the $25 million gift over the next few years: addressing immediate crisis during the pandemic; diversity, equity and inclusion; and innovative ways of finding new solutions to old problems.

3

FORGOTTEN HARVEST INC.

$25.0

MacKenzie Scott

The nonprofit will use some part of the Scott gift to expand and stabilize the pantry network in Wayne, Oakland and Macomb counties.

5

UNIVERSITY OF MICHIGAN DEPRESSION CENTER

$19.8

Kenneth and Frances Eisenberg

To fund research on mental health. The UM Depression Center will be known as the Frances and Kenneth Eisenberg and Family Depression Center after the UM board of regents approved the name change in March.

6

WAYNE METROPOLITAN COMMUNITY ACTION AGENCY

$15.0

Gilbert Family Foundation

To assist low-income Detroit residents pay back-property taxes to avoid foreclosure

6

HOLOCAUST MEMORIAL CENTER ZEKELMAN FAMILY CAMPUS

$15.0

The gift to the Holocaust Memorial Center is from the family of its board Family of Alan treasurer, Alan Zekelman, and its company, Zekelman Industries. It will Zekelman and Zekelman Industries support the center's goal to raise a $65 million board-designated

426 Auditorium Road, East Lansing 48824 517-355-1855; msu.edu

39221 Woodward Ave., Bloomfield Hills 48303 248-645-3300; cranbrookart.edu

3011 W. Grand Blvd,, Suite 500, Detroit 48202 313-226-9200; unitedwaysem.org 21800 Greenfield Road, Oak Park 48237 248-967-1500; forgottenharvest.org

4250 Plymouth Road, Ann Arbor 48109 NA

7310 Woodward Ave., Suite 800, Detroit 48202 313-873-6000; waynemetro.org

28123 Orchard Lake Road, Farmington Hills 48334 248-553-2400; www.holocaustcenter.org

endowment. The rest of the campaign will fund the center's operation over the next five years, update its core exhibit to include personal stories from Holocaust survivors and expand virtual education opportunities.

6

EASTERSEALS MICHIGAN

$15.0

MacKenzie Scott

The largest gift the affiliate has ever received.

9

UNIVERSITY OF MICHIGAN

$11.1

Dan and Sheryl Tishman

To expand environmental justice efforts. The money is coming from Dan and Sheryl Tishman and their NorthLight Foundation. The school will establish the Tishman Center for Social Justice and the Environment, a scholarship fund and new faculty positions in the College of Engineering and School for Environment and Sustainability.

10

YMCA OF METROPOLITAN DETROIT

$10.0

MacKenzie Scott

The gift will be used to support the three core areas on which the YMCA focuses: family and community; child and youth development; and health and wellness.

11

UNIVERSITY OF DETROIT JESUIT HIGH SCHOOL

$5.0

Dr. Leonard Scherock

A $5 million gift made by the estate of the late Dr. Leonard Scherock, an alumnus of the school will create an endowed student scholarship. Scherock, who died in April 2020 at age 78, was a member of the U of D Jesuit High School and Academy class of 1959.

11

UNIVERSITY OF DETROIT JESUIT HIGH SCHOOL

$5.0

Nicholas Labedz

Gift made by the estate of Detroit native and friend of the school, Nicholas Labedz, a private real estate investor. Labedz, who died in May 2019, made the donation through his estate in honor of his lifelong friend and business partner, Richard Mazurek, M.D., a 1954 graduate of U of D Jesuit. The gift will create an endowed student scholarship.

11

MOTOWN MUSEUM

$5.0

MacKenzie Scott

Will support the Motown Museum's general operational fund; because it was a flexible gift, the board determined to use this gift for museum operations – especially in the wake of the pandemic.

14

UNIVERSITY OF MICHIGAN ROSS SCHOOL $2.5 OF BUSINESS 1

William Stein

William Stein, senior managing director in the real estate group of Blackstone Inc., a 1984 alum of the school and a member of the Ross School Advisory Board. The gift will create the Stein Scholarship Cohort Fund, which will be used to provide scholarships and programming for Ross students with a demonstrated financial need in the Bachelor of Business Administration Program.

2399 E. Walton Blvd., Auburn Hills 48326 248-475-6400; eastersealsmichigan.com Ann Arbor 48109 734-764-1817; umich.edu

1401 Broadway, Suite 3A, Detroit 48226 313-267-5300; ymcadetroit.org

8400 N Cambridge Ave., Detroit 48221 (313) 862-5400; uofdjesuit.org

8400 N Cambridge Ave., Detroit 48221 (313) 862-5400; uofdjesuit.org

2648 W. Grand Blvd., Detroit 48208 313-875-2264; motownmuseum.com

701 Tappan St., Ann Arbor 48109 734-615-5002; michiganross.umich.edu

Researched by Sonya D. Hill: shill@crain.com | This list is an approximate compilation of the largest philanthropic gifts to individual organizations in Wayne, Oakland, Macomb, Washtenaw and Livingston counties. Anonymous gifts are not included because the purpose of the list is to highlight specific givers and philanthropists and not just the gift amounts. It is not a complete listing but the most comprehensive available. NOTES: 1. Also known as Stephen M. Ross School of Business at the University of Michigan

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80 | CRAIN’S DETROIT BUSINESS | THE BOOK | DECEMBER 20, 2021

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