Unlocking Our Potential
Grand Rapids Community Foundation 2017-2018 Annual Report
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Unlocking OUR Potential A community is defined by the people who
partners—to build and sustain an inclusive
call it home. Our community has the potential
economy and thriving community for
to be anything we want it to be. There is
everyone who calls West Michigan home.
potential everywhere in West Michigan— potential that can break down barriers, strengthen our economy and bring opportunities and benefits to everyone.
With the support of partners like you, Grand Rapids Community Foundation is taking an active role to connect and convene, encourage collaboration and facilitate
We see the potential of a magnetic and
meaningful relationships. As a community,
interconnected community where everyone
together we are unlocking our potential.
can apply their talents and creativity to fuel
Here’s how.
our future. We envision a community where we connect across perspectives, overcome inequities and work alongside one another—as
Grand Rapids Community Foundation 2017-2018 Annual Report
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Contents 6
Leadership Letter About Us
Mission, Vision + Values
8
North Star
9
Priority Areas Education
10
Neighborhoods
16
Prosperity
22
Health
28
Environment
34
40
Arts + Social Engagement
Funds and Grants
Fund List
46
Honor & Memorial Lists + Realized Planned Gifts
56
Grant List
57
Financials
CFO Letter
61
Statements of Financial Position
62
Statements of Activities
63
Grants Authorized
64
Assets by Fund Type
64
Net Annual Returns
65
Asset Allocation
65
How to Connect Staff
66
Trustees
69
Making the Most of Your Philanthropy
70
How to Apply for a Grant
70
Keep in Touch
70
Grand Rapids Community Foundation 2017-2018 Annual Report
Dear Partners and Friends, Our community has the key ingredients to open the doors leading to opportunity and prosperity for all. Grand Rapids Community Foundation is working alongside all our partners to unlock our potential as a community. We are doing this through grants and program-related investments to support the work of nonprofits; scholarships and educational initiatives to support the career dreams of our youth; and collaboration with community members who share a vision for our region’s future. All of this is made possible through the time, talents and treasures of our generous donors, nonprofit partners and volunteers. In 2017-2018, our assets grew to $348,811,755, after market growth of +7 percent. This made it possible for us to award $12.5 million in grants to local nonprofits and scholarships to students in our community. We also are proud to have established 42 new funds. This, along with bequests and generous gifts from annual donors, has built our endowment and strengthened our partnerships. Thank you so much for your support!
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We believe anything is possible in our community and that, together with our partners, we have the power to create a West Michigan that we are all proud to call home. We are establishing new relationships, engaging in new conversations and collaborating with new people and organizations. We, with the help of our partners, are making a positive impact in the greater Grand Rapids area through listening, learning and collaborating to help activate the potential we see everywhere in our region. We have been telling you about our North Star for some time now and our desire to build and sustain an inclusive economy and thriving community in West Michigan. What does that mean? It means there is enough opportunity and prosperity in West Michigan for us all, regardless of race, gender, class, age, religion, sexual orientation,
ability, ethnicity or immigration status. It means creating opportunities that celebrate and welcome all community members. It means putting in the work and having the tough conversations that will truly make West Michigan a place where we all can be our best selves, live our biggest dreams and work collectively to build a community unlike any other. We still believe that the best way for us to help develop a thriving community is to focus on creating an inclusive economy. That has not changed. Our trustees and staff see the world through the multifaceted lens of equity, hope and opportunity. We have spent a great deal of time listening to many voices in our community—including those that may not have been heard before. We see you and we hear you. We have learned so much and are moving forward to make sure that the insights you have shared are honored. In this report, you will find stories of how members of our community are partnering and working together— directly and indirectly—to move the needle on the most pressing issues in Kent County. You will find stories of how our community is activating our North Star by working together to create practical and innovative solutions to solve both grassroots and systems level problems in our six priority areas.
We are proud to lead Grand Rapids Community Foundation during such an important time in our organizational and community history. We are even more proud to have you as a partner in our quest to unlock our community’s potential. With deepest appreciation and gratitude,
Diana R. Sieger
Christina Keller
PRESIDENT
BOARD CHAIR
Grand Rapids Community Foundation 2017-2018 Annual Report
About Us Mission Our mission is to build and manage our community’s permanent endowment and lead the community to strengthen the lives of its people. Vision We envision a magnetic and interconnected West Michigan community. Values Integrity Excellence Inclusion Sustainability Bold Aspirations
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North Star
For West Michigan to grow and prosper, we must make sure that everyone can apply their talents and creativity to fuel our future. It is only by connecting across perspectives and overcoming inequities that we can build and sustain an inclusive economy and thriving community.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Education
We need to be preparing the next generation to be able to take the jobs that the workforce will offer. Kenneth James Education Donor Partner
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Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Education
Our education priority is to help first generation and lowincome students obtain a degree or high-quality credential. When all students get the skills and opportunities they need to succeed after high school, then our entire community benefits. Challenge Scholars and the African American Heritage Fund are two great examples of how gifts from donors work to create educational equity that will ripple prosperity throughout our region for generations to come. The first initiative aims to ensure that Challenge Scholars students on Grand Rapids’ West Side are socially and academically prepared for post-secondary success. “Challenge Scholars is an opportunity for families to generationally change the direction they’re heading,” said Dennis Branson, Westwood Middle School principal and Dream Fund Committee member. The African American Heritage Fund helps reduce the impact of summer learning loss among African American youth. “We need to be preparing the next generation to be able to take the jobs that the workforce will offer. How do we do that? We have to give back and make sure that folks are prepared here locally,” said Kenneth James, an African American Heritage Fund donor.
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Challenge Scholars Challenge Scholars is a transformational community initiative, funded by Grand Rapids Community Foundation in partnership with Grand Rapids Public Schools. The program takes away the burden of affording post-secondary education for families whose children attend Union High School and its feeder schools. The Challenge Scholars Dream Fund | Fondo de SueĂąos was created to support ideas for projects in schools and in the community to accelerate student success.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Education
Unlocking Our Potential We know that a strong education is foundational for future success. Our community partners agree and have co-created opportunities with us over the last year. They have taught us how to bring community together, build relationships and collaborate on innovative ideas that foster student success. Results include the new Challenge Scholars Dream Fund | Fondo de Sueños, donors getting involved as student mentors, and grant allocations from Field of Interest funds like the African American Heritage Fund. Dave Kutsche and his family donate to Challenge Scholars and other education initiatives, to honor the legacy of their late son, Matthew. At the Community Foundation, we hear stories of people wanting to make a difference in the lives of students from every corner of Kent County. They equate investing in students with investing in our community’s future. We are honored to help donors invest in education, whether through giving to named programs or funds, creating a scholarship fund or other ways to change generational trajectories of student success.
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Pictured (L-R): DENNIS BRANSON, CHI BENEDICT, ISABEL GARCIA AND PABLO ELISEO VILLALVAZO Challenge Scholars Dream Fund Committee Members
“Getting the voice of the youth makes the end product better. I’ve had some ideas and want to encourage other students who have ideas.” - Pablo, Challenge Scholar
DR. DAVID KUTSCHE Education Donor Partner
David and Mary Kutsche, with their family, founded the Matthew Kutsche Memorial Fund to honor their son’s legacy of volunteerism and engagement in education initiatives. They continue to make gifts from the fund to support organizations and initiatives that Matthew would have loved.
“It’s important for the community that every child does have the opportunity to move on, to advance, to improve themselves. It all starts with education.”
KENNETH JAMES Education Donor Partner
Kenneth, talent development director of inclusion at Grand Rapids Area Chamber of Commerce, and his wife, Tamasha, a principal at Pine Ridge Elementary School (Forest Hills Public Schools), are passionate about education, personally and professionally. They support the African American Heritage Fund because they want their legacy to be providing opportunities and exposure for future generations. “When we are collective and we support the Community Foundation, we’re able to maximize that benefit. With the foundation, you know it’s a solid organization. So if we want to channel our funds specifically to education, we know that those dollars will be in the community for generations to come.” Grand Rapids Community Foundation 2017-2018 Annual Report
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Priority Area Neighborhoods
Keeping people in their homes allows for more enjoyable, peaceful and connected neighborhoods. David Washington Home Repair Services Client and Volunteer
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Neighborhoods
We believe that healthy neighborhoods provide access to safe, affordable, quality housing; strong educational systems; and sustainable businesses that employ and serve neighborhood residents. As housing costs rise throughout Kent County, many families are being displaced. We work with our partners to ensure that residents have access to both affordable rents and the benefits of homeownership. “For people to feel that they have a place in the community, they need a spot that they call theirs. It’s where you settle in and form roots and relationships,” said Carrie L. Boer, treasurer of the Peter C. and Emajean Cook Foundation, which maintains a Donor Advised Fund at the Community Foundation. This is certainly true for David Washington, who refers to himself as the gatekeeper of the southeast Grand Rapids home that originally belonged to his great-grandmother. “It’s a generational thing,” he said. “Being a homeowner is very prideful.” Learning home maintenance from Home Repair Services inspired him to volunteer for the nonprofit. “Single-family homeownership is such an important gateway to family stability. It's an incredible opportunity for folks to build equity and create generational wealth," said Joel Ruiter, Home Repair Services executive director.
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Home Repair Services Home Repair Services helps Kent County homeowners identify and prioritize home maintenance and repair items, and connects them with resources that promote safe and stable housing. Most recently, Grand Rapids Community Foundation collaborated on a grant to support the Home Maintenance Check-up program, which provides free in-home inspections and education to homeowners in Kent County.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Neighborhoods
CARRIE L. BOER
Unlocking Our Potential
Neighborhood Donor Partner
The history of housing in our community is not pretty. So, our efforts to chart a new path to housing and neighborhoods in Kent County means disrupting the norm. We provide financial support through traditional grants to nonprofits working on the front lines of the housing crisis and program-related investments to community development financial institutions. The Community Foundation is also bringing together local funders to address challenges and opportunities and to unify in how we might work together to better serve our community.
The Peter C. and Emajean Cook Foundation is a legacy of Peter C. and Emajean (Pat) Cook of Grand Rapids. Carrie L. Boer serves as the treasurer of the foundation and continues to help make investments—financially and in the community—in their memory.
“The support of the Community Foundation and helping open up the gateway to homeownership for all communities, all ages, all backgrounds, is so critical for our community to be one that’s known for its equity, its justice, its vibrancy,” said Joel. “It’s a more interesting place for us all to enjoy if everyone can have the opportunity to successfully experience the stability and all the economic benefits of owning a home.” Carrie believes progress will happen as partnerships strengthen between housing agencies, shelters and funders. Most importantly, she says we must be respectful of community members who simply need a little help.
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"Peter and Pat were raised with a strong Christian faith, and they lived that faith. Peter was raised on London Street in the Grandville Avenue area and Pat on Wendler. Their childhood homes and neighborhood always held a special place in their heart."
"The home is like the heart of the community. I have a lot of blood, sweat and tears there. With Home Repair Services, you have the satisfaction that the job is going to be done right, you’re going to learn something as the job is completed, and they’re there for you." DAVID WASHINGTON Client and Volunteer Home Repair Services
"There have been a number of communities, primarily communities of color, that have experienced significant barriers in homeownership. We see our work as an expression of responding to so many years of wrongs and lack of access to owning a home and all of the good that can come from that." JOEL RUITER Executive Director Home Repair Services
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Prosperity
Prosperity is foundational. It’s connected with opportunity, access and freedom to make decisions that allow people to have economic mobility. Dr. Justin Beene Executive Director and Founder, Grand Rapids Center for Community Transformation
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Neighborhoods
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Prosperity
In a thriving community, every person has access to good paying jobs, affordable housing and overall financial stability. We believe that an inclusive economy is the pathway to a thriving West Michigan. This means all must share opportunity, prosperity and progress. “We must ensure that our local economy is one that thrives because it includes all sectors, all people, all backgrounds,” said Renee Williams, vice president, community development for Huntington Bank. “Without financial stability, especially for those who are underserved, we aren’t able to have the full thriving community we desire.” This vision is being realized through community members like Staysha Rodriguez, owner of Sweet Amora’s Pastries and assistant manager at Rising Grinds Café. “I just saw the opportunity, and then I went for it, and I was good at it,” she said. We know that opportunity and access have the power to change the trajectory of a family’s future. “One of the shifts that we are seeing is this idea of moving away from poverty alleviation to wealth creation,” said Dr. Justin Beene, a Grand Rapids Nehemiah Project board member. “We have to look at the systems that perpetuate the poverty, and the systems that perpetuate the wealth. We have to do the work of making those systems equitable."
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Grand Rapids Nehemiah Project: Rising Grinds Café Rising Grinds Café is a locally owned social enterprise of the Grand Rapids Center for Community Transformation and Grand Rapids Nehemiah Project. It provides employment and professional development for youth and adults living in Grand Rapids’ Madison Square neighborhood. They
work to cultivate creativity and community with every cup served. They envision a café where all people can come together in conversation over a cup of coffee. Grand Rapids Community Foundation is a proud grant partner of this innovative work.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Prosperity
Unlocking Our Potential “Cities are healed relationally,” Justin said. His vision is for Rising Grinds Café to be a place where the millionaire and the marginalized can feel equally comfortable and talk about changes we need to see in our city. And, it’s happening. Our approach to partnership is that the community is the expert, and everyone brings something to the table and shares it. “There is no false dichotomy of giver and receiver, where the giver is superior and the receiver is inferior,” Justin said of his experience collaborating with the Community Foundation through Rising Grinds. “This partnership has created opportunities, such as trying something that can create future enterprises. Like the relationships forming at Rising Grinds Café, the Community Foundation is also working to develop and inspire new, and often unconventional, relationships to promote economic equity. "I'm excited about the Community Foundation's great work. I've witnessed their impact of collaborating with many different partners that otherwise may not have been able to make an impact in the community," Renee said.
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DR. JUSTIN BEENE
STAYSHA RODRIGUEZ
Executive Director and Founder Grand Rapids Center for Community Transformation
Entrepreneur and Assistant Manager Rising Grinds Café
“We have to partner with people like us, not like us, and who don’t like us. Over time, places actually begin to bear the mark of the people who love it. As we love our cities, as we love our communities, our communities begin to bear that mark. The coffee shop is one of those places that is like an outpouring of relationships and partnerships, coming together to create a loved space.” - Justin
RENEE WILLIAMS Prosperity Donor Partner
Renee, a native Detroiter, has lived in the Grand Rapids community for about 20 years. She has been in the banking and finance industry for most of her career and is vice president, community development for Huntington Bank. The daughter of a disabled veteran, Renee knows firsthand what it’s like to be on the receiving end of services.
“As we make investments in our community, we have to ensure that financial opportunities are available to all. I was prompted in my heart to want to leave a legacy personally. There are many things that I’ve experienced, and I want to make sure that those opportunities are available to others.”
Grand Rapids Community Foundation 2017-2018 Annual Report
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Priority Area Health
You can’t reach your potential as an individual, or as a community, if you don’t have a healthy population. Health impacts everything. Maureen Kirkwood Executive Director, Health Net
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Health
We know that health equity is essential for a growing community. We also know that people of certain ethnicities and/or socioeconomic status have higher rates of chronic, preventable diseases. Disparities persist because of unequal access to health services. “You can’t really reach your potential as an individual or as a community if you don’t have a healthy population,” said Maureen Kirkwood, executive director of Health Net of West Michigan. “Focusing on these very fundamental things that every human being deserves, that’s how we unlock the community’s potential.” Community-wide health equity results in a healthy, more productive workforce. It contributes to students' academic success. “Health access is critical for everyone, regardless of economic status, race and culture,” said Dr. Veneese Chandler, executive director and CEO of Family Outreach Center. “All of us contribute to the overall health of the community. Access to healthcare is critical to our growth and development in the community, because our community’s people are only as healthy as their access allows."
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Family Outreach Center
Family Outreach Center has a long history of leading the way in promoting healthy family living by reaching out to underserved populations. Grand Rapids Community Foundation's grant partnership supports their work to ensure that low-income residents and communities of color, who are historically underserved, have access to affordable, culturally responsive mental and behavioral healthcare services.
Health Net of West Michigan Health Net bridges gaps in healthcare by connecting individuals with basic resources that support health-related social needs. It partners with healthcare professionals, institutions and community organizations to provide education, accessibility and individualized support. Grand Rapids Community Foundation provided a grant to Health Net that will be used to help clients navigate between the formal healthcare system and community services that address health-related social needs.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Health
AREND D. “DON” AND NANCY LUBBERS Health Donor Partners
Unlocking Our Potential Across generations, our community sees the importance of quality, affordable, accessible healthcare. It is no surprise that healthcare was the top field of study among the Community Foundation’s scholarship recipients last year.
Partners Don, Grand Valley State University president emeritus, and Nancy founded the Andy Lubbers Be NICE Memorial Fund in memory of their son to support the be nice. program in Kent County schools. This mental health program gives K-12 students, staff and parents the tools to recognize a mental health disorder.
Many people find it intimidating to navigate healthcare systems. “Access to mental health services and to all health services is vital, because many people don’t have the money to go through regular channels. If someone in your family has a mental health problem, particularly when you’re first faced with it, you don’t know where to turn,” said Arend D. “Don” Lubbers. He and his wife, Nancy, founded the Andy Lubbers Be NICE Memorial Fund and the Andy Lubbers Memorial Fund for Mental Health at the Community Foundation in honor of their late son. Working together across silos is the only way to overcome health access barriers in Kent County. The Community Foundation is honored to partner with nonprofits, community organizations and passionate donors to address health inequities in Kent County.
“It’s exceedingly important for all people to have access to good healthcare and, certainly, to mental health services.” – Nancy 32
“Grand Rapids Community Foundation has invested in the community in a general sense, but there are some underserved people whose needs may be a bit different because of pure economics, race and culture, and their language needs. The Community Foundation has made it possible for these members of our community to get their needs met too, especially in the area of physical health and, more importantly, in the area of behavioral health.” DR. VENEESE CHANDLER CEO and Executive Director Family Outreach Center
ANGELIQUE MUGABEKAZI Community Health Worker Health Net of West Michigan
MAUREEN KIRKWOOD Executive Director Health Net of West Michigan
“When we speak to the community and learn what the community wants, I think we can better learn how to serve our community. Then we are all on the same page and understand one another.”
- Angelique Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Environment
It’s about growing food, getting that food back to our kids so that they can learn, so that they can grow, so that they can thrive, and so that they can give back. Lori J. Baker Environment Donor Partner
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Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Environment
Our environmental grantmaking focuses on expanding the tree canopy, restoring river water and acquiring land in the urban core. These priorities are essential to creating a healthy environment where everyone can reach their full potential. “Our community thrives when we all thrive,” said Lori J. Baker, former principal at Baker Holtz, a CPA firm. “Economic growth sometimes brings environmental degradation, but it doesn’t have to. With enough focus on sustainability, the area can thrive, and the people can thrive. You need clean air, clean water and a great sanitation system. The air we breathe has to be clean.” We need to pair economic growth with environmental equity because the environment impacts our food, health, stress levels, education, experiences and more. When all people—regardless of socioeconomic status—can thrive, we bolster our community’s ability to engage a happy, healthy workforce. As community members, we know the path to sustainability starts with us. The Community Foundation keeps reducing waste. Our billings, grant applications and scholarship processes are now almost entirely paperless.
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Kids’ Food Basket Kids' Food Basket is a grassroots, community solution to childhood hunger. The organization’s most recent initiative is preserving historic farmland within Grand Rapids city limits. This farm will produce thousands of pounds of healthy food each year. It will promote experiential learning by getting kids outside into nature, so they understand where food comes from and how to make healthy food choices. Grand Rapids Community Foundation is a proud grant partner in this work.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Environment
Unlocking Our Potential Can a growing city really couple economic growth with environmental sustainability? Our environmental partners say yes—as long as we work together to make it happen. “This community—while we have our barriers, inequities and environmental injustices—also has tremendous opportunity,” said Bridget Clark Whitney, founding CEO of Kids’ Food Basket. “There’s a can-do spirit here in West Michigan that breaks through barriers. When we're in alignment and working together for the greater good, we can truly make this community thrive for everyone." The Community Foundation takes collaboration for environmental justice seriously. We think deeply and partner with the community to provide more parks and open space for more citizens. Our Access Camps program offers overnight camp experiences to underserved children in Kent County. We work together with community members and nonprofit partners who are making great waves in environmental justice in Kent County. Together, our community can continue growth, dismantle environmental inequity and unlock the potential for all to have access to clean air, clean water and green space.
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LORI J. BAKER Environment Donor Partner
Lori works as an “of counsel” advisor for Baker Holtz after being a principal there for more than 30 years. Her business savvy, coupled with her passion for the environment, make her a valuable asset on many local boards and committees. She directs her giving to the Community Foundation to support environmental causes.
“We need to have green space, we need to have food, we need to have places where people can go outside and just breathe the air and decompress from their stressful jobs or take their kids out to play a little.”
“We know that kids are born with a sense of wonder and affinity for nature. And properly cultivated, those values can mature into ecological literacy and eventually into sustainable patterns of living.” BRIDGET CLARK WHITNEY Founding CEO Kids’ Food Basket Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Arts + Social Engagement
When we talk about community engagement, we're really talking about community voice, and how community voice impacts change. Beca Velazquez-Publes Director, Urban Core Collective
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Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Arts + Social Engagement
We are committed to partnering with organizations and individuals working to build our community’s capacity for inclusion and equity. We also aim to improve access to cultural opportunities that engage diverse populations. What does that look like? For Kristen Taylor, Urban Institute for Contemporary Arts development officer, it’s making sure that everyone’s culture, background and race is represented when they walk into a museum. “They need to be able to see themselves,” she said. “As one of our exhibition advisory committee members said, ‘We need to have both windows and mirrors.’” Beca Velazquez-Publes directs Urban Core Collective, a consortium of six local nonprofits that bring communities of color together to obtain equal access to education, economic prosperity, health, power and influence. Beca suggests engagement is listening to community voices and asking whether we’re lifting up or suppressing them. It’s asking, “How does community voice impact change? How does community voice stop systems that have been in movement for years? How do we have a different expectation of how community engages?"
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Urban Core Collective UCC aims to uplift historically marginalized communities to greater self-sufficiency. It unites communities of color to reduce the effects of systemic racism. UCC member organizations include Baxter Community Center, Grand Rapids African American Health Institute, Hispanic Center of Western Michigan, Family Outreach Center, Urban League of West Michigan and United Methodist Community House. Grand Rapids Community Foundation collaborated with UCC through a grant to develop and support strategies that authentically engage and partner with communities of color to shift power and influence.
UICA The Urban Institute for Contemporary Arts builds creative community by fostering new forms of expression, promoting collaboration, and providing genuine experiences with contemporary art. A grant from Grand Rapids Community Foundation supported grassroots and media outreach to invite and engage diverse audiences for the "Transitions: New Photography from Bangladesh" exhibit. This partnership supported UICA’s efforts to make art more inclusive and accessible for all Grand Rapids residents.
Grand Rapids Community Foundation 2017-2018 Annual Report
Priority Area Arts + Social Engagement
Unlocking Our Potential Teresa Thome and her husband, Fred Stella, hold a Donor Advised Fund at Grand Rapids Community Foundation. They believe it’s critical to see each person’s voice as valuable, regardless of their life story. “I know that the people at the Community Foundation are being incredibly thoughtful to make sure that the right alliances are happening,” she said. We are doing this by redefining our role in community and how we show up and walk with our partners. “Traditionally in philanthropy, we see a patriarchal kind of relationship,” said Beca. “I am really grateful for the partnership. There's this shift, this intentionality. It’s not just about funding anymore. It's about the impact, service to our partners and reciprocal relationships." Stephanie Pierce is the community engagement and education coordinator at Grand Rapids African American Health Institute, an UCC member organization. She graduated from UCC’s Transformational Leadership Program, which provides training and networking opportunities for community leaders of color. “Now, I walk into the room and I see more and more faces that look like me in leadership roles," she said.
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STEPHANIE PIERCE Community Engagement and Education Coordinator Grand Rapids African American Health Institute
BECA VELAZQUEZ-PUBLES
Director Urban Core Collective
“The Community Foundation is being intentional in the way they build relationships with organizations, community members, and different pockets of our community. That speaks volumes. This shift is creating real impact. It’s being embedded and engrained in the fabric of our community.” – Beca
FRED STELLA AND TERESA THOME Arts + Social Engagement Donor Partners
Fred and Teresa founded the N. Jene Stella Memorial Fund at Grand Rapids Community Foundation to honor Fred’s late mother. Fred is an actor, owner of Stella Communications and president of Interfaith Dialogue Association. Teresa is a performer, writer and Emmy award-winning producer. They share passions for the arts, equity and community.
"The more we can engage people who, historically, have not had access, the more our theaters grow, the more our arts programs grow, the more education grows." – Fred
“I really feel that engagement and equity is the number one issue for our community right now. It’s been ignored for too long. Unfortunately, we’re a little bit behind other communities, and so it pleases me that this is on the table. It is now at the forefront and feels like a problem that people really want to tackle.” KRISTEN TAYLOR Development Officer Urban Institute for Contemporary Arts
Grand Rapids Community Foundation 2017-2018 Annual Report
Funds
Grand Rapids Community Foundation helps individuals, families, nonprofits, companies and communities in West Michigan achieve their philanthropic goals. Each fund held at the Community Foundation has its own special purpose and meaning. Whatever your giving goal might be, the Community Foundation can help you create and grow a fund that will make the most of your philanthropy.
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COMMUNITY FUNDS Cascade Community Foundation Fund Joyce and Tom Wisner Fund East Grand Rapids Community Foundation Fund Hudsonville-Jenison Community Foundation Fund Hudsonville-Jenison Community Foundation - Youth Fund Wayne D. Jones Community Fund Ionia County Community Foundation Fund Belding Education Fund Alvah N. Belding Library Fund Belding Schools Fund George H. Bird Scholarship Burger Fund Frost Renaissance Foundation Fund Don and Emma Goodell Scholarship Fund
The Belrockton Fund
George W. Romney Fund - Enrich of Ionia County Volunteer Center Saranac Community Schools Paul and Alberta Allen Scholarship Fund for Saranac High School Edwin A. and Maxine Cahoon Compagner Memorial Fund Thomas P., Della and George Eddy Scholarship Fund Saranac Community Schools Promise Scholarship Fund Saranac Community Schools Scholarship Fund Ben A. & Lucy C. Simons Memorial Education Fund
W. W. Sprague Family Fund Ronald and Margaret Story Fund Swartz Family Fund* The Lowell Area Community Fund Sparta Community Foundation Fund
William and Jewel Eckstrom Helping Hand Fund
Glenn S. Bradford Fund
Healthy Youth & Healthy Seniors Fund
Clare and Helen Finch Fund
Ionia County Community Foundation Youth Fund
Paul C. and Inez L. Miller Fund
Ionia County Parks Preservation and Maintenance Fund Ionia Free Fair Fund Ionia Public Schools Scholarship Fund Lakewood Educational Foundation Fund Paul and Alberta Allen Scholarship Fund for Lakewood High School William R. and Jewel H. Eckstrom Future Teachers Scholarship for Lakewood High School Chuck Henney (husband of Pam, son of Wayne and Dorothy) Memorial Scholarship Fund Ward and Elaine Van Laanen Teaching Scholarship for Lakewood High School
Sparta Community Foundation - Youth Fund Wyoming Community Foundation Fund Tommy Brann Fund John and Margaret Kuiper Family Fund Matthew Scothorn Memorial Fund Wyoming Community Foundation - Youth Fund
DESIGNATED AND NONPROFIT FUNDS Actors’ Theatre Company Endowment Fund American Red Cross Agency Endowment Fund John Arnold Endowment Fund for Feeding America West Michigan Food Bank Aquinas College Frey Scholars Fund
Bea McCarty Family Fund
The Arc Kent County Endowment Fund
James and Teresa McCarty Family Fund
Association of Fundraising Professionals West Michigan Chapter Fund
Kenneth and Shirley Morris Memorial Scholarship Fund Dolly Parton Imagination Library Fund* Portland Community Fund*
Association for the Blind and Visually Impaired Endowment Fund John Ball Zoological Society Wildlife Conservation Endowment Fund * Fiscal year 2017-2018 new funds
Grand Rapids Community Foundation 2017-2018 Annual Report
Frank and Ann Battistella Grand Rapids Art Museum Fund Baxter Community Center Endowment Fund August and Anna Behrens Fund for Girl Scouts of Michigan Shore to Shore City of Belding Park Maintenance Fund D. A. Blodgett - St. John's Endowment Fund
Grand Rapids Adventist Academy Merit Fund Grand Rapids Ballet Agency Endowment Fund Grand Rapids Chapter of the American Guild of Organists Endowment Fund Grand Rapids Children's Museum Fund Grand Rapids Civic Theatre Endowment Fund
D. A. Blodgett - St. John's Scholarship Fund
Grand Rapids Jaycees Foundation Douglas B. Wicks Fund
Estate of Minnie C. Blodgett for Clinic for Infant Feeding
Grand Rapids Lions Club Activities Commission Fund
The Ivan K. Blough Greater Lowell Chamber Foundation Scholarship Fund
Grand Rapids Maya Lin "Ecliptic" Art Maintenance Endowment Fund
Calvin College Service Learning Center Fund
Grand Rapids Public Library Foundation Fund
Camp Blodgett Endowment Fund
Grand Rapids Symphony Mosaic Scholarship Fund
Camp Fire - Harriet D. and Mary Dively Fund
Grand Rapids Urban League Fund
Camp Fire - WoHeLo Fund
Grand Rapids Youth Commonwealth Endowment Fund
Camp Henry Endowment Fund Catherine's Health Center Fund
Grand Rapids Youth Commonwealth Harry Dolan Camp O'Malley Scholarship Fund
Cedar Springs Education Foundation Fund
Grandville Athletic Boosters Endowment Fund
Center for Community Leadership Fund Cherry Health Fund
Grandville Calvin Christian Schools Foundation Fund
Christian Rest Home Foundation Fund
GROW Bonnie Miller Endowment Fund
Comprehensive Therapy Center Endowment Fund
Guardian Angel Homes Fund for People with Disabilities
Dr. Edwin P. and Florence H. Creaser Fund David G. Dvorak, MD Scholarship Fund
Habitat for Humanity of Kent County Endowment Fund
Dwelling Place Fund
Karl Hascall Variety Club Fund
The Economic Club of Grand Rapids Endowment Fund
Home Repair Services Endowment Fund
George E. and Erma C. Evans Designated Fund for the Salvation Army Festival of the Arts in Grand Rapids Fund Gerald R. Ford Council Boy Scouts of America Fund Edward J. & Frances T. Frey Memorial Fund for St. Mark's Episcopal Church Edward J. Frey Junior Achievement Fund Frey Foundation Grand Rapids Symphony Endowment Fund Friends of Grand Rapids Parks' Park Maintenance and Improvement Fund - Joe Taylor Park Friends of Grand Rapids Parks' Park Maintenance and Improvement Fund - Pleasant Park Godwin's Golden G, Inc. Education Fund
48
Hudsonville Christian School Foundation Fund Humane Society of West Michigan Agency Endowment Fund Humane Society of West Michigan - Elsie Eggebrecht Fund Humane Society of West Michigan - Clarence and Catherine Thielman Endowment Fund Allen I. and Helen J. Hunting Research and Innovation Fund for the Grand Valley State University, Robert B. Annis Water Resources Institute Allen I. and Helen J. Hunting Fund to Support River Restoration Indian Trails Camp Endowment Fund Indian Trails Camp - Cabin Fund Indian Trails Camp - Paul Clark Blanding Memorial Scholarship Fund
Jenison Christian School Endowment Fund
Senior Meals on Wheels of Western Michigan Fund
Jenison Public Education Foundation Fund
Senior Neighbors Agency Fund
Laureen Kennedy Child Care Fund
Senior Neighbors Fund
Kenowa Hills Education Foundation Fund
Douglas Leon Spalding Memorial Fund
Kent County Agricultural Preservation Fund
Spirit of Solidarity Fund
Kent District Library Fund
Nellie H. Stevens Grand Rapids Teachers’ Travel Fund
Ladies Literary Club Fund for Literacy Center of West Michigan Look Memorial Fund Lowell Area Historical Museum Endowment Fund Lowell Area Schools Education Foundation Endowment Fund LCTV Endowment Fund
Kathryn and Dennis Sullivan Charitable Fund The Kathy Timmer Specialized Language Development Learning Center Memorial Fund Unity Christian High School Education Support Fund Wege Wealthy Theatre Fund
William S. Martens Hundred Club Fund
West Michigan Center for Arts and Technology Fund
Mary Free Bed Rehabilitation Hospital Barbara Hoffius Pediatric Fund*
West Michigan Dental Foundation Fund
Ronald McDonald House Fund The Fred and Lena Meijer Fund for Frederik Meijer Gardens & Sculpture Foundation Fred Meijer Mid-West Michigan Rail-Trail Endowment Fund Fred Meijer West Michigan Trails Maintenance Fund Meijer Wealthy Theatre Fund
West Side Christian School Fund Women's Resource Center Founder's Circle Endowment Fund World Affairs Council of West Michigan Endowment Fund Wyoming Public Schools Educational Fund YWCA Women and Girls Development Fund in Honor of Judy Lloyd
Mental Health Foundation of West Michigan Fund Leonard and Eileen Newman Designated Fund Noorthoek Academy Endowment Fund Northview Education Foundation Endowment Fund
DONOR ADVISED FUNDS Anonymous Advised Funds (7) The ACH Fund Martin J. and Susan J. Allen Family Fund
Opera Grand Rapids Fund
Robert N. and Catherine R. Alt Family Fund
Opera Grand Rapids - Betty Van Andel Fund
David G. and Mary L. Annis Family Fund
Parkinson’s Association of West Michigan Endowment Fund*
James and Shirley Balk Family Fund
Rosa Parks Sculpture Maintenance Fund Pilgrim Manor Endowment Fund Charlotte M. Raniville Fund for the Benefit of Mary Free Bed Guild
The Banks Family Charitable Fund Kip and Chris Barber Fund Laurie Finney Beard Family Fund John R. Bertsch Fund
Retired and Senior Volunteer Program (RSVP) Fund
John and Claire Bissell Advised Fund
George W. Romney Fund - Heart of West Michigan United Way Volunteer Center
Matthew and Vicki Bissell Advised Fund
Rotary Club of Lowell Foundation Fund
Bjork Bradford Donor Advised Fund
Safe Haven Ministries, Inc. Endowment Fund
The Moore Brower Charitable Fund
St. Cecilia Music Society Building Endowment Fund
Allan R. and Claudia A. Carlson Advised Fund
Glen and Betsy Borre Fund*
Grand Rapids Community Foundation 2017-2018 Annual Report
Carpenter Advised Fund
The David and Cathy Heldt Charitable Fund
David M. and Cara V. Cassard Fund
The Heuschkel Family Fund in Memory of Emilie
Center for Systemic Change Advised Funds
Beverly and William Heyne Fund
Chris-Tina Fund
Stuart and Barbara Hoffius Family Fund
Roger and Sally Ciapara Donor Advised Fund
Thomas E. and Geraldine K. Hogan Fund
Colliers International Fund
Earl and Donnalee Holton Advised Fund
Peter C. and Emajean Cook Fund
Ken and June Holtvluwer Fund
Richard C. and Shirley E. Cooper Advised Fund
Doug and Peggy Hoogerhyde Fund
Courtade-DeLessio Family Fund*
David and Marilyn Hunting Fund
Crawford and Laurie Craft Family Fund*
Margaret P. Idema Fund
Robert and Julia Currier Family Fund*
William and Beatrice Idema Fund
Darooge Family Charitable Fund
J & N Fund
Robert J. and Katherine M. Daverman Fund
JCT Donor Advised Fund
DCB Family Fund
Thomas J. and Margaret L. Jack Fund
Douglas DeBoer Memorial Fund
Mike and Sue Jandernoa Advised Fund
Eleanor Hager Defoe Fund
Andy and Christina Keller Fund
DeLapa Family Fund
Linn Maxwell Keller Donor Advised Fund
Henry J. and Alyce Doele Donor Advised Fund
Herbert and Glenna Knape Family Fund
Elizabeth Tinney Donley Fund*
David and Phyllis Koslow Fund
Dyer-Ives Neighborhood Fund
Matthew Kutsche Memorial Fund
The Ebenezer Fund
Lafayette Fund
Engen Family Fund
Norm and Marilyn Leven Family Fund
Gerald and Jane Feldman Family Fund
LGR Sweeter Impact Fund*
First National Bank of Michigan Charitable Fund
Loeks Family Funds
Founder's Fund
Andy Lubbers Be NICE Memorial Fund
Tom and Mickie Fox Family Advised Fund
Andy Lubbers Memorial Fund for Mental Health
The Freihofer Family Fund
Dr. Jack and Katy Lukens Family Fund
The Jack and Jill French Charitable Fund
Judson M. and Lynn E. Lynch Family Advised Fund
Frey Foundation Fund I
Eugene G. and Jean P. Lyons Family Fund
Frey Foundation Fund II
M & M Fund*
Charles R. and Bette Fuller Family Fund
The Mackay Charitable Fund
Furniture Manufacturers' Heritage Advised Fund
Mankoff Family Fund
C. John Gill and Rita Williams Family Fund
Chester and Elaine Maternowski Family Fund
Richard and Elizabeth Gillett Family Fund
Barbara Mayo-Johnson Donor Advised Fund
Gene and Tubie Gilmore Fund
Ray McCahill Family Fund*
Jamie Hale Memorial Fund
John R. and Betsy W. McIntyre Family Fund*
Hascall Family Donor Advised Fund
McKania, Too Fund*
Janet A. Haynes and Kelsey Haynes Advised Fund
Hendrik and Gezina Meijer Fund
Hebrews 13:16*
Kendall Meijer Charitable Fund
Heerspink Family Advised Fund
Liesel Litzenburger Meijer Fund
50
Frank H. and Virginia L. Merlotti Advised Fund
Richard E. Smoke Advised Fund
Daniel W. Miller and Susan L. Wright-Miller Fund
Dr. Lisa Sostecke Fund
Paul C. and Inez L. Miller Fund
William E. and Norma Sprague Charitable Fund
Kim S. Mitchell Donor Advised Fund
N. Jene Stella Memorial Fund
Aaron and Cheryl Molhoek Family Fund*
The Supp Family Donor Advised Fund
Moore Family Advised Fund
Dr. Alfred B. Swanson and Dr. Genevieve de Groot Swanson Advised Fund
Dick and Barb Musser Family Fund* C. Robert and Patricia Muth Fund The Myers Family Fund Khan and Liza Nedd Family Fund* Northouse Family Fund Terrence and Maureen O’Rourke Fund* Daniel and Susan Oumedian Family Fund Patricia P. and Armen G. Oumedian Family Fund Louis Padnos Iron & Metal Company Fund Padnos/Sarosik Fund Paine and McGovern Family Fund* Park Avenue Partners James and Linda Payne Family Foundation Fund* Peterson Memorial Fund Dan and Sara Peterson Family Fund*
Arvin L. and Pearl M. Tap Fund Steele A. and Mary D. Taylor Advised Fund Timothy Fund Wayne Titche Fund Daniel and Alice Trapp Family Advised Fund Jeff and Margaret Tuori Family Fund Andy and Tracy Van Solkema Family Fund Anne Heyboer Vander Heide Fund Simon and Mary Vander Kooy Fund Roger and Jacquelyn Vander Laan Family Fund Stan and Jackie Vander Roest Fund* The Earl and Gert Visser Charitable Fund John and Sue Walton Fund* Warner Norcross & Judd Fund
Virgil and Louise Phelps Advised Fund
Waters Corporation/Cassard Family Donor Advised Fund
Pimm Donor Advised Fund
West Michigan Edward Jones Foundation Fund
Jeff and Julia Poole Family Fund*
The John J. Wheeler Charitable Fund
Gerald and Starr Retzlaff Donor Advised Fund
Robert and Deborah White Fund*
Rimbaud Fund
Whitsett Family Fund
Leonard and Karen Rinke Fund River City Fund
W.K. Kellogg Foundation Trustee Donor Advised Funds (2)
Roach Family Fund*
Kate Pew Wolters Fund
Richard Roane and Leandro Robles Families Donor Advised Fund
Dick and Barbara Young Fund Zack Family Fund
L.R. and Marjorie Roegge Donor Advised Fund* Dr. Jack and Lija Romence Children's Fund
FIELD OF INTEREST FUNDS
Michael and Christina Rosloniec Family Fund
Kathryn L. Adamson Fund for Children
Roth Family Fund
Kathryn L. Adamson Fund for the Elderly
E. Alan Rumbaugh Advised Fund
African American Heritage Fund
Sadler Family Fund
Louise J. Johnson Fund
Jack Jr. and Lori Skoog Family Fund II*
George M. Ames Fund
Nancy and Doug Slade Dynamic Donor Advised Fund
Lucy E. Barnett Trust for the Elderly
Sligh Memorial Fund
John, Margaret and Maryellen Berry Fund
Grand Rapids Community Foundation 2017-2018 Annual Report
Gordon and Mary Bowman Fund
Norma Olsen Fund for Abused Children
Armand F. and Gretchen B. Burch Fund
The George and Kaye Wilsted Fund for Children
Cherry (Mrs. James) Carpenter Fund for Children
Leonard and Eileen Newman Fund for the Arts
Challenge Scholars Funds
Our LGBT Fund
James and Shirley Balk Family Fund for Challenge Scholars Hill Machinery Fund for Challenge Scholars* David B. and Susan D. Lipner Fund for Challenge Scholars Armen Oumedian Challenge Scholars Fund Kenneth H. and Margaret L. Childs Fund for Education Bruce Alexis Cornelius Memorial Fund for Mental Health Agencies George M. and Lucinda Ann Edison Memorial Trust Fund Emma Sherwood Evans Trust Fund
Estate of Annette Richards Kathryn and Dennis Sullivan Charitable Fund SVI - Social Venture Investors Fund Kenneth M. Sweers Fund for the Homeless Patricia Haan Timmer Fund for Downtown Charities Youth Field of Interest Fund
OPERATING/SPECIAL PROJECT FUNDS Administrative Fund Charitable Gift Annuity Funds (37)
Charles Evenson Fund for the Environment
Grand Rapids Community Foundation Reserve Fund
William S. Folz Fund for Cancer Research
Special Project Funds
Fund for Arts and Social Engagement Fund for Economic Prosperity Fund for Education licent Epps Jasperse Memorial Fund for A Academic Achievement Fund for Health Fund for the Environment Fund for Neighborhoods Healthy Youth & Healthy Seniors Fund Cecilia Hoagland Fund for Local Veterans Arthur H. Holmes Handicap Fund Homeless Prevention Endowment Fund Mary I. and David D. Hunting Family Fund Elizabeth J. Steed Johnson Fund for Healthcare and Community Health
Building Campaign Fund Encore Fund LINC Technical Assistance Fund* Nonprofit Technical Assistance Fund Rosa Parks Sculpture Project Vandenberg Statue Project
SCHOLARSHIP FUNDS Anonymous Scholarship Fund (1) General Scholarship Fund Altrusa Scholarship Fund Arts Council of Greater Grand Rapids Scholarship Fund Noyes L. Avery, Jr. and Ann E. Avery Scholarship Fund Black Men Building Resources Scholarship Fund
Ken, Melinda and Andrew Krei Youth Fund
Geraldine Geistert Boss Scholarship Fund
Ladies Literary Club Fund for Literary Arts
Harry J. Brown and Lucille B. Brown Scholarship Fund
The C. Lincoln Linderholm Trust Duncan Littlefair Literary Fund for Children
Orrie and Dorothy Cassada Scholarship Fund
The J. Leslie Livingston Memorial Fund
Llewellyn L. Cayvan String Instrument Scholarship Fund
William H. and Inetta P. Martindill Fund
Aim High Jerry Clay Scholarship Fund
Robert D. Mieras Fund for Dance and Music
Thomas D. Coffield Scholarship Fund
Gordon and Janet Moeller, Food Security Fund
Paul Collins Scholarship Fund
Needy Children Field of Interest Fund
Rosemary Cook Education Scholarship Fund
52
Gerald M. Crane Memorial Music Scholarship Fund
Dr. Patricia E. Newby Close Up Scholarship Fund
Darooge Family Scholarship Fund
Peggy (Kommer) Novosad Scholarship Fund
Achille and Irene Despres, William and Andre Scholarship Fund
Olson Family Scholarship Fund
Donald J. DeYoung Education Fund
Patricia P. and Armen G. Oumedian Scholarship Fund
Edwin F. Doyle Scholarship Fund
Forrest Arthur Pletcher Memorial Fund
Economic Club of Grand Rapids Scholarship Fund
Armando "Frank" Quaglia Veterans Scholarship
George and Louise Egeler Fund Supporting YESP
Reach for Your Goal Scholarship Fund
Virginia Valk Fehsenfeld Scholarship Fund
Josephine Ringold Scholarship Fund
Melbourne and Alice E. Frontjes Scholarship Fund
David and Laurie Russell Family Scholarship for Habitat for Humanity of Kent County Families
Carolyn Gallmeyer Fund Mathilda Gallmeyer Scholarship Fund Grand Rapids Combined Theatre Scholarship Fund Grand Rapids Scholarship Association Fund Grand Rapids University Prep Founders' Scholarship Hackett Family Scholarship Fund Guy D. and Mary Edith Halladay Trust Fund
Alan R. Ryan Scholarship Fund Margery J. Seeger Scholarship Fund Ronald T. Smith Family Scholarship Fund Gladys A. Snauble Scholarship Fund Christine Soper Scholarship Fund Dr. William E. and Norma Sprague Scholarship Fund
Hill Machinery Fund for Technology Scholars*
Dorothy B. and Charles E. Thomas Fund in support of the Ringold Scholarship
Donald and Florence Hunting Memorial Fund
Dorothy J. Thurston Scholarship Fund
The Jack Family Educational Fund Camilla C. Johnson Scholarship Trust Fund
TowerPinkster Grand Rapids Public Schools Scholarship Fund*
Vivian M. Kommer Scholarship Fund
Mildred E. Troske Scholarship Fund
Ladies Literary Club Scholarship Fund
Trust of the GR Federation of U of M Alumnae Club
Lavina A. Laible Scholarship Trust Fund
University of Michigan GR Alumnae Trust Scholarship Fund
Stephen D. Lankester Scholarship Fund
Margaret Appelt Kerr Fund
Sherman L. and Mabel C. Lepard Scholarship Fund
Meta Prange Murphy/Lucille Prange Fund
Norm and Marilyn Leven Challenge Scholars Fund* Dr. Jack and Katy Lukens Family Scholarship Fund John T. and Frances J. Maghielse Scholarship Fund Horning Marshall Scholarship for the University of Michigan* Fred and Lena Meijer Scholarship Funds (2) Miller Johnson West Michigan Diversity Scholarship Fund The Joshua Esch Mitchell Aviation Scholarship Fund Robert L. and Hilda Treasure Mitchell Scholarship Fund Harry J. Morris Jr. Emergency Services Education Scholarship Fund
Rosemary Scott Fund retchen Slack Appelt and Doris Ann Slack G Scholarship Fund Roger and Jacquelyn Vander Laan Family Scholarship Fund Keith C. VanderHyde Scholarship Fund Jacob R. and Mary M. Van Loo; Lenore K. Van Loo; and Anne Van Loo Eldred Scholarship Fund Chad Vollmer Scholarship Fund Kenneth Vonk Fund* Warner Norcross & Judd Scholarship Fund Donald M. Wells Scholarship Fund Elmo Wierenga Ottawa Hills Alumni Scholarship Fund
NAIFA West Michigan Scholarship Fund
Grand Rapids Community Foundation 2017-2018 Annual Report
Walter C. Winchester Scholarship Fund
Marian A. Aldrich Fund
Michael J. Wolf Scholarship Fund
American Box Board Community Fund
Dr. Richard J. Woltersom Medical Scholarship Fund
Gasper J. Amodeo Fund
Violet Wondergem Health Science Scholarship Fund
Employees of Autocam Fund
Audrey L. Wright Scholarship Fund Youth Enrichment Scholarship Program
John W. and Margaret Bertsch Fund Anna Bissell Charity Trust Fund James and Margaret Black Estate Edward H. Blickley Fund
UNRESTRICTED FUNDS Fund for Community Good Lynne M. Black Fund Joy A. Brown-Baker Fund Laurie and Crawford Craft Family Fund Tom and Jan Czerney Fund* William and Patricia Edison Fund James and Bebe Glerum Fund Eleanore and Robert Howieson Fund Jabin Family Fund* The David B. and Susan D. Lipner Fund Ernest & Lorraine Malkewitz Fund Allen S. & Barbara P. Marcus Fund Marjorie and Robert Neubig Fund Judge W. Baldwin Ogden and Judy Ogden Fund* Martha J. Porter Fund* Elmer and Mable Slemons Fund Roth Family Fund for Community Good Robert and Claire Schaefer Fund Diana Sieger Leadership Fund Bill and Barbara Van't Hof Fund Contributions Receivable (split-interest) ohn H. and Nancy L. Batts Trust, Janet E. Berg J Trust, Mr. and Mrs. Max Doering Trust, Diane S. Farage Trust, Gilchrist Family Trust, Edwin R. Hondelink Trust, Clare and Grace Jarecki Trust, Ben Lee Jr. Estate, Robert D. Mackey Trust, Millard M. Moore and Viola M. Moore Trust, C. Allen Payne Trust, Dorothy Scholwalter Estate, Dorothy J. Thurston Trust, Herbert E. Thurston Family Trust, Waddell-Cioni Trust
Harvey and Margaret Brower Fund Orville and Jean Bulman Estate Allan and Claudia Carlson Family Fund William J. Chaille Fund Eugene D. Conger Fund Louis A. Cornelius Trust Dallas and Helen Darling Fund Cornelia De Fouw Fund George and Louise Egeler Fund Engineered Protection Systems Fund Fishell Fund Henry A. Fox Family Fund Mr. and Mrs. David G. Frey Fund Jim McKay and Twink Frey Fund Mrs. L. C. Gardner Fund Carol E. Greene Fund for Community Good Chester A. Hall Fund Leon W. Hall Fund Stanley C. Hall Fund Bill and Claudia Hardy Fund Haslinger Family Fund Minnie E. Haven Fund Elizabeth Herkner Fund Edward M. Herpolsheimer Fund Karl E. Herpolsheimer Fund Dirk and Victoria Hoffius Fund Orianna D. Hooker Fund Arthur J. and Sue H. Hoover Fund Robert and Adelaide Hoover Fund Allen I. and Helen J. Hunting Fund Walter D. Idema Fund
54
Walter D. Idema Charitable Trust
Eileen Slootmaker Fund
Clare and Grace Jarecki Fund
Mary A. and Lenore G. Smith Fund
Elizabeth J. Steed Johnson Trust
Marvin Stahl Fund
Kent Charitable Fund
Paul L. Steketee Fund
William E. and Sue Kincaid Fund
Graham F. "Deck" and Ruth B. Stewart Fund
Mary Jane Kirchgessner Trust
Joseph and Helen Tulos Fund
Jane and Sam Kravitz Fund for Community Good
Adrian Van Daalen Fund
Robert J. Kulms Trust
Earle Vande Poel Charitable Fund
Perry M. and Hazel A. Lawr Fund
The Vander Beek Family Fund*
Ben H. Lee, Jr. Fund
Keith C. VanderHyde Fund
Harvey E. Lemmen Fund
Biem H. and Irene G. Vandermass Fund
Clara T. Limbert Fund
Herbert and Doris Vander Mey Fund for Community Good
Gertrude Lindberry Fund Charles W. Loosemore Fund Dr. Jack and Katy Lukens Fund Hale J. Mackay Fund Glen C. Mason Fund Geraldine F. Masters Fund Mr. and Mrs. Edward C. McCobb Fund Isabel McLeod Fund George and Mary Metz Charitable Fund Mary D. Morman Trust Estate of Melanie L. Muir Estate of Dr. Clifford T. Nelson Nordic Fund Francis J. O'Connor Fund Jackman and Helen Palmatier Fund
Englebert J. and Lelah Sexton Vogt Trust Estate of Ralph A. Voigt Jeanette Shelly Warner Fund John C. Whitcomb Fund Marion Stuart White Fund Estate of Zoe F. Whitworth Trust Mrs. Imogene W. Wickett Fund C. John Gill and Rita Williams Fund Arthur D. Wolf Foundation Trust Charles D. and Irene A. Worden Fund Estate of Curtis M. Wylie George L. and Esther B. Young Trust
* Fiscal year 2017-2018 new funds
Mary I. and Robert C. Pew Fund Chalmers and Esther Quaintance Fund Charlotte M. Raniville Fund Eleanor J. Roberts Fund* Leonard and Dora Rosenzweig Fund Theodore R. and Caroline Schoonbeck Fund Grace L. Schouten Memorial Trust Fund Willard and Barbara Schroeder Fund Schuil Family Fund Margery Seeger Fund Erin Slade Memorial Fund Estate of Isabelle and Herman Slanger
Grand Rapids Community Foundation 2017-2018 Annual Report
We recognize the following people in whose honor or memory gifts to Grand Rapids Community Foundation were made.
In Honor Dave Balas
Roberta King
Dietrich K. Roth
Patricia Chichester
Roberta King & Mike Miesch
Margaret Ryan
Linda Goulet
Alison J. Scalabrino
Lisa Greenlands, Harrison Park teacher
Cara Koning
Jim & Stephanie Karrip
Jason Miller & Kyle Douglass
Carroll Velie
Erin O'Laughlin
Lynn Warshaw
Christina Keller
Joshua Leckrone
Cheryl Tschosik & Teresa Crawford Rick Walker
In Memory Helen F. Bisbee
Joe Hartsoe
Robert Leslie
Laurie Russell
Wallace Bacehowski
Pat Heisel
Andy Lubbers
Mary Spreng
Larry Bratsche
Judith Hooker
Robert L. Meyers
W. Sterkenberg
Susan Broman
Timothy Howard
Timothy Murphy
Don Stout
Ruth Brush
Patricia J. Muth
Steele A. Taylor
Nancy L. Cok
Robert Hutson, Ottawa Hills Class of 1965
Norbert Oshinski
Joyce Thorne
Ellen Custer
Ernest Johnson
Armen G. Oumedian
Samuel W. Vriezema
Shirley K. Daniels
William Johnson
Jessica L. Paauwe
Stephen Wierzbicki
Vernon J. Ehlers
Bob Jones
Gary Periord
Carl and Anne Forslund
Gary Karasinski
Betty Jane Pletcher
Ed Glaza
Luci King
Forrest Arthur Pletcher
Jessica Gregory
Matthew Kutsche
Paul Potter
Kenneth Harley
Rosemary Lang
Lorna Powell
Each year, people we know and love pass away, but our memories and their legacies remain with us. Grand Rapids Community Foundation remembers the following people who made provisions in their estate plans to benefit the community.
Realized Planned Gifts Thomas N. Blandford
Barbara J. Hoag
Valerie B. Nelson
Ruth Brush
Louise J. Johnson
Eleanor J. Roberts
Susan S. Freihofer
Inetta H. Martindill
Kenneth Vonk
Patricia J. Muth
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Grants
Grand Rapids Community Foundation makes competitive grants to nonprofits in Kent County. Our grant priority areas include education (with a focus on Challenge Scholars), the environment, health, the arts and social engagement, neighborhoods and prosperity. We focus our grantmaking on inclusion and equity. This list includes grants from our Fund for Community Good, Field of Interest and Designated Funds. The Community Foundation is the largest provider of college scholarships in Kent County. This year we awarded more than $1.4 million in scholarships to 641 students. Our grants and scholarships totaled $12.5 million, with Donor Advised Funds contributing $5.5 million to the total.
ACCESS CAMPS American Diabetes Association Boy Scouts of America, Gerald R. Ford Council Boys and Girls Clubs of Grand Rapids Youth Commonwealth Camp Blodgett Camp Henry Camp Roger Camp Shout Out Camp Tall Turf Epilepsy Foundation of Michigan Indian Trails Camp Lincoln Lake Baptist Youth Camp, Inc. Michawana Youth Camp Muscular Dystrophy Association (Greater Michigan) Muskegon Family of YMCA Camp Pendalouan Opportunities Unlimited for the Blind Remembrance Ranch Spring Hill Camps True North Community Services YMCA of Greater Grand Rapids
Grand Rapids Community Foundation 2017-2018 Annual Report
AFRICAN AMERICAN HERITAGE FUND
HUDSONVILLE-JENISON COMMUNITY FOUNDATION - YOUTH
Boys and Girls Clubs of Grand Rapids Youth Commonwealth
Arbor Circle
Ebony Road Players
Artists Creating Together
Girls Growing II Women, Inc.
Jenison Public Education Foundation
Helping Important People Succeed
Junior Achievement of Michigan Great Lakes
LINC Community Revitalization, Inc.
Step Up Youth Productions
Messiah Missionary Baptist Church SAT Prep Program
FUND FOR COMMUNITY GOOD/ FIELD OF INTEREST City of Grand Rapids Comprenew Family Outreach Center Ferris Foundation Grand Rapids Civic Theatre Grand Rapids Nehemiah Project
IONIA COUNTY COMMUNITY FOUNDATION Belding Area Schools City of Belding City of Ionia ENRICH of Ionia County Feeding America West Michigan Friends of Fred Meijer River Valley Rail-Trails Habitat for Humanity of Ionia County
Immigrant Life Connection at City Life Church
IM Secure and Friendly Environment Child Advocacy Center
Health Net of West Michigan
Ionia County Great Start Collaborative
Hispanic Center of Western Michigan
Ionia County Historical Society
Kent School Services Network
Ionia County Intermediate School District
Kids' Food Basket
Ionia Free Fair Association
Michigan Dental Association Foundation
Ionia Montcalm Families Against Narcotics
Nonprofit Technical Assistance Fund
Ionia Public Schools
Northern Great Lakes Initiatives
Junior Achievement of Michigan Great Lakes
Opera Grand Rapids
Lakewood Public Schools
Rende Progress Capital
Portland District Library
Schrems West Michigan Trout Unlimited
Relief After Violent Encounter Ionia/Montcalm, Inc.
Senior Sing Along
Ronald McDonald House of Western Michigan
Start Garden
Saranac Community Schools
Urban Core Collective
Spectrum Health Foundation
Urban Institute for Contemporary Arts
SS Peter and Paul Catholic School
Urban Roots
West Michigan Environmental Action Council
HUDSONVILLE-JENISON COMMUNITY FOUNDATION
IONIA COUNTY COMMUNITY FOUNDATION - YOUTH
City of Hudsonville
Ionia County Intermediate School District
Jehovah Jireh Ministries of West Michigan
Ionia Public Schools
Ottawa County Parks Foundation
Ronald McDonald House of Western Michigan United Way of Ionia County
58
LOWELL AREA COMMUNITY FUND City of Lowell Flat River Outreach Ministries, Inc. Gilda's LaughFest Greater Lowell Chamber Foundation Hope Network Lowell Area Fire & Emergency Services Authority Lowell Area Historical Museum
WYOMING COMMUNITY FOUNDATION - YOUTH Girls on the Run Kent & Muskegon Counties Home School Building Junior Achievement of Michigan Great Lakes Mary Free Bed Rehabilitation Hospital One Wyoming Remembrance Ranch
Lowell Area Recreation Authority Lowell Area Schools Education Foundation Lowell Charter Township Lowell Community Wellness LowellArts YMCA of Greater Grand Rapids
YOUTH GRANT COMMITTEE Artists Creating Together Autism Family Network DA Blodgett - St. John's Deaf and Hard of Hearing Services Girls Growing II Women, Inc.
SPARTA COMMUNITY FOUNDATION Sparta Area Recreation Association Sparta Area Schools Sparta Township Village of Sparta
Girls on the Run Kent & Muskegon Counties Grand Rapids Creative Youth Center Heart of West Michigan United Way No Surrender Running Club Oakdale Neighbors Planned Parenthood of Michigan
SPARTA COMMUNITY FOUNDATION - YOUTH
San Juan Diego Academy SLD Read
Artists Creating Together
Step Up Youth Productions
Autism Family Network
Treetops Collective
Girl Scouts of Michigan Shore to Shore
Union High School
Junior Achievement of Michigan Great Lakes Sparta Area Schools
WYOMING COMMUNITY FOUNDATION Home School Building Junior Achievement of Michigan Great Lakes Kent District Library Mary Free Bed Rehabilitation Hospital Roosevelt Park Ministries Wyoming Public Schools
Grand Rapids Community Foundation 2017-2018 Annual Report
Financials
60
This was another successful year for Grand Rapids Community Foundation from a financial perspective. Gift revenue of $12.9 million was up +91 percent from the previous year, and we awarded $12.5 million in grants and scholarships. We are so grateful to our generous donor partners, who share in our commitment to see our community continue to grow and prosper.
We also offer two additional investment options for our donor partners. The Balanced Pool, a 60 percent stock/40 percent bond fund, returned +8.4 percent for the year. The Socially Responsible Pool, a 60 percent stock/40 percent bond fund that considers both financial and social good in its investments, returned +5 percent for the year.
The Balanced Plus Pool, our main endowed pool, returned +7 percent for the year. This pool is very diversified, which provides long-term investment returns while managing risk. This year’s returns were relatively wide ranging, yet positive across every asset class. Returns in the US equity market were again very strong as increased consumer demand, lower income tax rates and continued relatively low interest rates drove corporate earnings. Returns were lower in the international and fixed income asset classes. This range of returns in asset classes is the reason we maintain a diversified portfolio.
All Grand Rapids Community Foundation portfolios are under the direct oversight of the Investment Review Committee, which reports to the Board of Trustees. The Investment Review Committee is composed of senior level business and investment professionals who focus on aligning the investment portfolio with the Community Foundation’s long-term financial goals. We are grateful to this committee for their dedication and service.
In alignment with our North Star and commitment to building and sustaining an inclusive economy and thriving community, we keep looking for ways to maximize our returns while championing inclusion through our portfolio management. We have partnered with our investment advisor to increase representational diversity among our asset managers. During the 2017-2018 fiscal year, the Investment Review Committee approved adding a new minority asset manager. We have also added an additional minority asset manager in the 2018-2019 fiscal year. We are working alongside our investment advisor to continue championing the expertise of minority asset managers and advocate for more diversity in the field, overall.
Grand Rapids Community Foundation adheres to the highest standards of financial stewardship and governance. Our accountability and transparency to our donors ensures the resources entrusted to us serve our mission and achieve the greatest impact. Our quarterly communication with our donors and our annual investment meeting provide insight into our investment results and transparency into how our funds are invested. As always, thank you for your continued support. Sincerely, Stan Vander Roest Chief Financial Officer
Grand Rapids Community Foundation 2017-2018 Annual Report
Statements of Financial Position June 30
ASSETS Investments, at Market Value
2018 2017 $333,029,174
$315,369,035
Beneficial Interests in Perpetual Trusts
2,125,025
2,198,396
Split-Interest Agreements Receivable
4,168,647
4,047,179
642,845
1,335,069
Notes Receivable
3,007,354
2,716,675
Property, Furniture and Equipment, Net of Accum. Dep.
3,584,379
3,804,711
346
1,776
1,540,861
1,609,648
713,124
679,852
$348,811,755
$331,762,341
Gifts and Pledges Receivable
Prepaid Expenses Reinsurance Contracts Cash Surrender Value of Life Insurance Total Assets
Liabilities Accounts Payable
$63,667
$0
Grants and Scholarships Payable
4,621,974
5,141,271
Charitable Gift Annuities Payable
2,153,835
2,319,440
17,869,102
16,615,418
$24,708,578
$24,076,129
Funds Held on Behalf of Nonprofit Endowments Total Liabilities
Net Assets Unrestricted: Undesignated
$26,915,987
$22,875,285
Board Designated Endowment
276,582,233
263,904,316
Temporarily Restricted
14,011,718
14,240,001
Permanently Restricted
6,593,239
6,666,610
Total Net Assets
$324,103,177
$307,686,212
Total Liabilities and Net Assets
$348,811,755
$331,762,341
62 62
Statements of Activities Year Ended June 30
REVENUES AND GAINS/(LOSSES) AND OTHER SUPPORT
2018
Investment Income net of investment expenses
$5,318,365
2017 $3,589,208
(Net of investment expenses of $1,385,480 in 2018 and $1,141,433 in 2017)
Realized Gains/(Losses) on Sale of Investments
4,718,480
4,969,983
Change in Fair Value of Investments
11,943,110
27,858,687
12,943,284
6,760,719
Change in Fair Value of Charitable Gift Annuities
(22,195)
(150,396)
Change in Fair Value of Split-Interest Agreements
221,407
568,243
(1,812,577)
(2,562,479)
$33,309,874
$41,033,965
Bequests and Gifts
Less: Amounts Allocable to Nonprofits Total revenues and Gains/(Losses)
EXPENSES Grants and Scholarships Authorized
$12,454,868
$13,397,096
1,210,289
1,340,045
876,582
1,031,009
(558,893)
(644,854)
Management and General
1,134,668
1,147,717
Development and Marketing
1,595,152
1,447,013
180,243
225,847
$16,892,909
$17,943,873
Charitable and Philanthropic Expenses Community Initiatives and Fund Program Expenses Less: Amounts Allocable to Nonprofits Supporting Services:
Fund Management Total Expenses
Change in Net Assets
$16,416,965
$23,090,092
Net Assets, Beginning of Year
307,686,212
284,596,120
$324,103,177
$307,686,212
Net Assets, End of Year
Audited financials have been given an unmodified opinion by our auditors, Plante & Moran PLLC. If you would like a copy of the full audit, please call Grand Rapids Community Foundation at 616.454.1751 or visit our website grfoundation.org. Analysis of Expenses 17% Support Services as a percentage of total expenses 83% Community Leadership and Grants as a percentage of total expenses
Grand Rapids Community Foundation 2017-2018 Annual Report
Grants Authorized 2017-2018 Health 24.7% $3,073,037 Arts & Social Engagement 19.3% $2,404,265
Neighborhoods 12.2% $1,522,501
Education 31.1% $3,874,941
Other 0.7% $84,268
Economic Prosperity 6.1% Environment $763,126 5.9% $732,730
Assets by Fund Type as of June 30, 2018
Field of Interest Funds
30.1% $104,892,192 25% $87,272,457 11.6% $40,578,584
Unrestricted Funds
11.5% $40,035,281 Donor Advised Funds
10.9% $37,857,056 7.8% $27,272,277 3.1% $10,903,908
Designated + Nonprofit Funds
Community Funds Scholarship Funds Operating/Special Project + Initiatives/Building
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Net Annual Returns 2014 16.1%
2017 12.9%
2018 7%
2015 1.2%
2016 -4.5%
Asset Allocation as of June 30, 2018
Cash 3.5% Diversifying Strategies 19.1%
Real Assets 9.2%
Global Equity 57.9%
Global Fixed Income 10.3%
Grand Rapids Community Foundation 2017-2018 Annual Report
Staff
Diana R. Sieger
Laurie Craft
PRESIDENT
VICE PRESIDENT,
VICE PRESIDENT,
COMMUNITY INVESTMENT
PR & MARKETING
Kate Luckert Schmid
Stan Vander Roest, CPA
Marilyn Zack, CAP
VICE PRESIDENT,
CHIEF FINANCIAL OFFICER
VICE PRESIDENT,
PROGRAM
66
DEVELOPMENT
Ashley René Lee
Emily Ambs
Ruth Bishop
Lynne Black
Jan Burns
ADMINISTRATIVE ASSISTANT,
EDUCATION PROGRAM OFFICER
DIRECTOR OF FINANCE
EVENTS & DEVELOPMENT
PROGRAM
ASSOCIATE
Janean Couch
Ashley Emaus
Jason England
Giuliana Estrada
PROGRAM DIRECTOR
FINANCE & ADMINISTRATION
RECEPTIONIST
CHALLENGE SCHOLARS
ASSISTANT
ASSOCIATE
Barb Forseman
Heather Gill Fox
OPERATIONS ASSOCIATE
PR & MARKETING SPECIALIST
Renรก Guttrich
Kevin Harmelink
Keri Jaynes
Cris Kutzli
EXECUTIVE ASSISTANT
HUMAN RESOURCES &
GRANTS MANAGER
CHALLENGE SCHOLARS
OPERATIONS MANAGER
DIRECTOR
Grand Rapids Community Foundation 2017-2018 Annual Report
Mary Karrip
Ben Oliver
Ann Puckett
Shaun Shira, CAP
ADMINISTRATIVE ASSISTANT,
PROGRAM OFFICER,
IT MANAGER
MAJOR AND PLANNED GIFTS
DEVELOPMENT
CHALLENGE SCHOLARS
DIRECTOR
Jenine Torres
Tracy Van Solkema, BCRE-PRO
Erika VanDyke
DEVELOPMENT OFFICER
RESEARCH & DATA
PROGRAM OFFICER
SERVICES SPECIALIST
Liz Warners
Carla Villasana-Acosta Johngerlyn "Jonse" Young, CAP
PHILANTHROPIC SERVICES
SCHOLARSHIP &
DIRECTOR OF
ASSOCIATE
EDUCATION ASSISTANT
PHILANTHROPIC SERVICES
68
Trustees Not Pictured: Madeira BooydeGraaff STUDENT TRUSTEE, GRAND RAPIDS CHRISTIAN HIGH SCHOOL
Richard Roane PARTNER WARNER NORCROSS & JUDD, LLP
Christina Keller
Michael Rosloniec
Carlos Sanchez
CHAIR
VICE CHAIR
IMMEDIATE PAST CHAIR
PRESIDENT
FAMILY WEALTH/INSTITUTIONAL
DIRECTOR, LATINO BUSINESS &
CBT ENGINEERING
CONSULTING DIRECTOR
ECONOMIC DEVELOPMENT CENTER
GRAYSTONE CONSULTING
FERRIS STATE UNIVERSITY
Laurie Finney Beard
Kyle Caldwell
Thomas Kyros
RETIRED, REGION PRESIDENT
PRESIDENT & CEO
EXECUTIVE PARTNER
OLD NATIONAL BANK
COUNCIL OF MICHIGAN
VARNUM, LLP
FOUNDATIONS
Emily Loeks
Amy Ruis
Ana Ramirez-Saenz
DIRECTOR OF COMMUNITY
OWNER
FOUNDER AND CEO
Kathleen B. Vogelsang DIRECTOR
AFFAIRS & PR
ART OF THE TABLE
LA FUENTE CONSULTING, LLC
CHIEF INVESTMENT OFFICER
LOEKS THEATRES, INC.
AND APERITIVO
VAN ANDEL INSTITUTE
Grand Rapids Community Foundation 2017-2018 Annual Report
MAKING THE MOST OF YOUR PHILANTHROPY
Grand Rapids Community Foundation has a staff of dedicated professionals to help you accomplish your philanthropic goals. Whether you are interested in giving during your lifetime as an annual donor to the Fund for Community Good—or want to establish a fund or create a planned gift—we are here to help. We’ll listen and provide ideas and options to help you realize your philanthropic goals for our greater Grand Rapids community.
HOW TO APPLY FOR A GRANT
We award grants six times per year after review by our staff, the Fund for Community Good Advisory Committee and approval by the Board of Trustees. We accept pre-applications and grant proposals through the year. Minimally, grant applications must serve people in Kent County, have IRS 501(c)(3) designation and work in the areas of education, arts and social engagement, the environment, health, neighborhoods or prosperity. Our guidelines detail other criteria for funding consideration. To learn more about submitting a pre-application or applying for a grant, please visit Grand Rapids Community Foundation at grfoundation.org or call 616.454.1751.
KEEP IN TOUCH LEARN ABOUT US
EMAIL US
grfoundation.org
grfound@grfoundation.org
LIKE US
CALL US
facebook.com/GRCommFound
616.454.1751
FOLLOW US
VISIT US
twitter.com/GRCommFound instagram.com/GRCommFound
185 Oakes Street SW Grand Rapids, Michigan 49503
WATCH US
vimeo.com/GRCommFound
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ANNUAL REPORT TEAM PROJECT MANAGERS & WRITERS
Ashley René Lee, Grand Rapids Community Foundation Heather Gill Fox, Grand Rapids Community Foundation DESIGN
Highland Group PHOTOGRAPHY
Lance Nelson Photography Bird + Bird Studio Dreams by Bella Photography VIDEOGRAPHY
Carbon Stories CREATIVE INSPIRATION
2018 GrandPR Creatathon Participants (Grand Rapids Community Foundation Team) Grand Valley State University COPYEDITING
Joan Huyser-Honig, Huyser-Honig Creative Services PRINTER
Custom Service Printers
Grand Rapids Community Foundation 2017-2018 Annual Report