GRCF Annual Report 2016-2017 - Grand Rapids - Grand Rapids ...

Connection

Community

Grand Rapids Community Foundation

2016-2017 Annual Report

What is it that connects you to Grand Rapids We believe, like pretty much everything

At Grand Rapids Community Foundation,

in life, it isn’t the stuff around you that

we believe that connections go a long way

matters most. It’s the people and

in building community and that the most

connections with our fellow human beings

positive connections are based on trust,

that make this place special. Without a

honest dialogue and inclusiveness. We’re

doubt, our community wouldn’t be as

pleased that you have chosen to connect

magnetic as it is without all of the

with us and the work we do here in Kent

interesting places and things to do, but

County. We’re glad that you share our

it’s the human connections that make

values, and we truly believe that together

this community what it is.

we’re creating an amazing community.

Grand Rapids Community Foundation 2016-2017 Annual Report

2

Contents Leadership Letter

4

Donor Stories

Donor Advised Fund

8

Fund for Community Good

10

Metz Legacy Society

12

Our LGBT Fund

14

Youth Grant Committee

16

Grantee Stories

National Kidney Foundation

20

Land Conservancy of West Michigan

22

Dwelling Place

24

Community Rebuilders

26

Funds and Grants

Fund List

28

New Funds and Fund Holders List

38

Honor & Memorial Lists + Realized Planned Gifts

40

Grant List

42

Financials

CFO Letter

47

Statements of Financial Position

48

Statements of Activities Year Ended

49

Assets by Fund Type

50

Grants + Scholarships by Priority Area

51

Net Annual Returns

52

Asset Allocation of Balanced Plus Pool

53

About Grand Rapids Community Foundation

Mission, Vision, Values + North Star

55

Staff

56

Trustees

60

Making the Most of your Philanthropy

62

How To Apply for a Grant

63

Keep in Touch

64

Leadership Letter

Dear Friends, This has been a year of growth and change for Grand Rapids Community Foundation. We couldn’t be more pleased with our market growth of 12.9 percent. After a few years of slow growth, a change in our fund management company (which was fully implemented at the start of this fiscal year) and its new direction for us has helped grow our assets to $331,762,341. This, along with bequests, the establishment of 33 new funds and generous gifts from annual donors, built our endowment and our confidence. Thank you for your support. Our development efforts and positive financial picture are only part of our story. Our grantmaking and leadership work drive the Community Foundation, and we hope they inspire you too. In this report, you’ll read about a few nonprofits in Kent County and the grants they received. We are confident that these nonprofits are improving people’s lives and helping make the community a place where everyone can learn, live, work and thrive.

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Leadership Letter

Last year we awarded $13,397,096 in grants and scholarships. We spent significant time in 20162017 working on our strategic direction—determining where we should focus our resources and how we should reach out and best serve our growing community. It was, and continues to be, work that challenges us to think differently.

"We believe that the best way for us to help develop a thriving community is to focus on creating an inclusive economy."

With the input of community members, trustees and staff, and facilitation from the consulting firm FSG, we created our North Star. Standing alongside our mission and vision, the North Star gives us direction for what we are doing now and in the coming years. It reads:

creating an inclusive economy. An inclusive economy is one where opportunity and prosperity are shared regardless of race, gender, class, age, religion, sexual orientation, ability, ethnicity or immigration status.

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.

One of our first steps is to be more purposeful about including views and opinions of people who have been most harmed by, or who have lived experience with, inequity. If we’re going to be truly successful in following our North Star, we know that participation and authentic community connections are key to our success.

With the groundwork completed (mostly) during late 2016 and early 2017, we’re now working on several action steps to bring our strategy to implementation. We are working to include more community voices in our work and challenging ourselves and others on how to make Grand Rapids a more equitable place for all.

It’s exciting to be leading the Community Foundation in a new direction, and, while our North Star isn’t a change in philosophy or a shift in what we’ve always stood for, it makes clearer to donors, nonprofits and the community where we’re going and what matters most.

While equity is a multifaceted and deeply human issue, we believe that the best way for us to help develop a thriving community is to focus on

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Diana Sieger

Carlos Sanchez

PRESIDENT

BOARD CHAIR

DONOR STORIES


DONOR ADVISED FUND

DONOR STORY

Dr. Khan + Mrs. Liza Nedd “I think that any time you can partner with a wellestablished organization that is already doing amazing work, it’s a win-win for everybody. Grand Rapids Community Foundation has been around for a long time, and they are really good at what they do. The Community Foundation is an organization that understands and has the insight to recognize what community giving ought to be and that it ought to also be diverse—and expressly not forget the marginalized parts of society.”

A Donor Advised Fund (DAF) is one of the most popular giving options at Grand Rapids Community Foundation. Donors who make significant charitable contributions annually or are considering a private foundation can use a DAF to manage the details of giving with ease and confidence. When you have a DAF at the Community Foundation, you recommend grants and we do the work for you. Like a private foundation, a DAF has a name and will honor your name and philanthropic intentions, now and long into the future.

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FUND FOR COMMUNITY GOOD

DONOR STORY

Bill + Mary Ford “Providing educational opportunities has been our main emphasis, but we wanted to support the broad community too, as there are so many worthwhile and important nonprofit groups in Grand Rapids. We felt this could be achieved by supporting Grand Rapids Community Foundation. It can direct gifts where needed better than we could, because it has the research ability and staff to study community needs and devise ways to meet them. It also has the vision to see new avenues the community should develop and explore. We appreciate that the Community Foundation is active in so many aspects of our community. We have confidence in its judgment and appreciate its excellent communication with donors.” Each year people who care about our community and its future make annual gifts to the Grand Rapids Community Foundation. Many donations go to our Fund for Community Good, which makes grants to a variety of nonprofits that do systemic change work in Kent County. People also make annual gifts to our Field of Interest Funds, such as for the environment, children, LGBT youth, the arts and others. Many annual donors support our Challenge Scholars program. We also offer special giving groups for annual donors, including One Hundred New Philanthropists for donors who want to make an ongoing commitment to the Community Foundation.

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METZ LEGACY SOCIETY

DONOR STORY

Norm + Marilyn Leven “We really feel strongly about Challenge Scholars. The connection with this program was primarily because I went to Harrison Park, then to Union High School. In fact, my three siblings and I all graduated from Harrison Park and Union. We normally have a big party for major birthdays and anniversaries, but this year we wanted to do something special for my 85th birthday. Because of my connection to Harrison Park and Union we approached the Community Foundation about doing something for Challenge Scholars to celebrate this milestone occasion. So, we started the Norm and Marilyn Leven Challenge Scholars Fund. It’s a great cause and if the funds grow and the gifting is steady, it will be around a long time to provide educational opportunities for generations of deserving students. ”

Much of the Grand Rapids Community Foundation’s existing endowment was created with planned gifts. Donors who are committed to our community’s future—and want to ensure that causes they care about are supported forever—can make gifts through their will or estate plan. When you inform us of your bequest to the Community Foundation, we invite you to be part of our Metz Legacy Society. This ensures that we know exactly what your philanthropic intentions might be.

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OUR LGBT FUND

DONOR STORY

George Stoutin + David Heilman “We’ve both been very fortunate, and we enjoy giving back and helping others. If you can, it's important to deal with the root cause of things as opposed to just giving money to symptoms. Our LGBT Fund is the attempt to not just help with current issues, but to prevent issues in the future. It was the fund that led us to the Community Foundation. It’s the professionalism and the passion within the fund that we’ve seen within the last number of months. Being able to develop a sense of trust was very easy to do. Because we’ve been involved in the Our LGBT Fund through the Community Foundation, it has caused us to rethink, ‘What’s our legacy?’”

The Our LGBT Fund, a special Field of Interest Fund was created in 2014 through a matching gift of $100,000 from the Donor Advised Fund of Carol Sarosik and Shelley Padnos and has grown with support of donors throughout West Michigan. The fund’s initial purpose is to help nonprofits that work with homeless and runaway LGBT youth, providing them with resources and support to thrive. LGBT community members and allies serve on a committee that raises funds and recommends grants.

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YOUTH GRANT COMMITTEE

DONOR STORY

DeUnique Dorris

Harumi Patzi

Randall Bryant

CIT Y HIGH MIDDLE SCHOOL

AQUINAS COLLEGE

NORTHVIEW HIGH SCHOOL

“I worked in the summer

“Since I was a part of the

“This is just a great

and usually like doing

Youth Grant Committee,

organization to support.

more to give back to

I had the opportunity to

It was just a cool thing

my community, like

be involved in giving so

to do in the community.

volunteering a lot. So I

much money to the

I never really volunteered

was like, I can donate! I

community. I wanted

before joining the

really like donating, so

to be a little bit closer

committee, so it’s just

I just did it. It was fun

to that. I wanted to be

cool to finally give back

and I like giving. I just

someone who was

and to get exposure to

like being able to help in

also contributing.”

these organizations in

some way, even if it’s

ways that can help."

not physically. It’s pretty nice to see where organizations need your help.”

The Youth Grant Committee of Grand Rapids Community Foundation engages high school students from Kent County in grantmaking focused on programming for young people. Throughout the school year, students from public, private and homeschools meet to determine their peers’ most pressing needs, review grant proposals and make grant recommendations to the Community Foundation’s Board of Trustees. The Youth Grant Committee Fund was established in 1991 with a matching grant from the W.K. Kellogg Foundation.

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18

GRANTEE STORIES


GRANTEE STORIES

National Kidney Foundation

20

How long does it take to change a lifestyle? Probably a lifetime, but one year is a great start, especially with a proven program. National Kidney Foundation of Michigan has designed a Diabetes Prevention Program (DPP) that is recognized by the Centers for Disease Control and Prevention as an effective and proven lifestyle program to prevent type 2 diabetes, which can lead to kidney disease. Through a $117,500 grant from Grand Rapids Community Foundation, this DPP is being offered at community-based sites including Baxter Community Center, Brown Hutcherson Ministries and Cook Library Center. The local program focuses on African Americans and Latinos, who are at

greater risk (about five percent) of developing type 2 diabetes than Caucasians are. DPP participants will be part of a small and supportive group working with a trained lifestyle coach. They will learn about healthier eating habits, ways to be more physically active and other behavior changes. Groups meet an hour per week for the first 16 weeks and then monthly for the rest of the intervention year. “The program has gone through rigorous evaluation and is a proven intervention for preventing type 2 diabetes,” said Kate Schmid, Community Foundation vice president, program.

“I myself am a kidney transplant recipient. I battled with diabetes and being on dialysis. My doctors were telling me to do certain things. I didn’t listen until I was at stage 4 kidney disease. So, then I really had to make a choice. You’re either going to live right or you’re going to die. Those were the choices for me. That was kind of a wakeup call, and, when I started to get things together, I realized that God had a bigger calling on my life. That’s the reason I started volunteering with the National Kidney Foundation. Now I’m teaching classes, because I would hate for anybody to have to go through what I went through. Because of the knowledge shared in classes like these, people can make wiser decisions about the things they put in their mouth, about living a sedentary lifestyle, about just how they think in general. I see people changing in my class. They are losing weight, they are eating healthier and they’re loving it. I see lives being transformed. This program is so valuable. It’s worth its weight in gold, and it needs to be spread throughout this community.” R E K E N N A S TA N F O R D Lifestyle Coach, National Kidney Foundation


GRANTEE STORIES

Land Conservancy of West Michigan

22

It’s exciting in this day and age, in a growing city like Grand Rapids, to be able to create a vast new green space. With a $400,000 grant from the Community Foundation to The Land Conservancy of West Michigan, Blandford Nature Center entered into a partnership to purchase the 121-acre Highlands Golf Club in the northwest part of the city. The defunct golf course will be restored to a natural area, shared by Blandford and the Land Conservancy of West Michigan. The property is adjacent to Blandford’s existing location and will help them to expand their outdoor education programs. The Land Conservancy is considering using the property as their new organizational home and for community engagement projects.

What makes this even more interesting is that the property had originally been set for a 336-unit housing development. When the developer, Third Coast Development, learned that Blandford was interested in the property, it agreed to explore ways that Blandford could purchase it. With assistance from multiple funding sources, the property was secured. “Blandford Nature Center plays a critical role in educating and engaging residents as stewards of natural resources. Acquiring Highlands Golf Club greatly expands their outdoor education capacity and provides important green space within the city,” said Kate Schmid, Community Foundation vice president, program.

“As soon as Blandford Nature Center opened, I thought this would be a perfect addition. And every time I would give a program about the nature center, which I did quite frequently, I would say, ‘Our last land conquest will be The Highlands.’ Of course, whenever I would say that to an audience— all different kinds of people—they would all laugh, including me, because that was never going to happen. But, when Jason Meyer, our president and CEO, called me and said ‘Guess what?’ I was in total disbelief that it was even a possibility. My whole life with the nature center has been what I call serendipity. People believed in what we were doing. The whole thing is to get people’s feet back on the ground. Literally, get their feet back on the ground. How can we make decisions about how to use our natural resources if we don’t know anything about them? We’ve got to get people surrounded by what we have here and they will say, ‘Wow! This is wonderful!’” M A R Y J A N E D O C K E R AY Founding Director, Blandford Nature Center


GRANTEE STORIES

Dwelling Place

24

Housing is a hot commodity in Grand Rapids overall, and, on the West Side, affordable housing is becoming harder and harder to locate. This is a special concern because our Challenge Scholars families and schools are located on the West Side. Without affordable housing, we risk having families move away and lose the program benefits. In 2015, Dwelling Place staff and others participated in a housing summit hosted by Other Way Ministries. The summit provided qualitative and quantitative data about West Siders’ challenges in finding and keeping affordable housing. This summit united Kent County Land Bank Authority, Grand Rapids Community Foundation and other partners to help ease the problem. A Grand Rapids Community Foundation grant of $500,000 to Dwelling Place will provide 68 units of housing in two new

apartment buildings located near Harrison Park School. We’ve had a long relationship with Dwelling Place, working together to provide housing primarily in Grand Rapids’ Heartside neighborhood. “The level of neighborhood engagement on this Harrison Park project has been extensive. It includes outreach and advocacy with the neighborhood associations, door-to-door visits with residents, a design charrette and information gathering by the Westside Collaborative and resident notification regarding public comment opportunity at the Planning Commission hearing. We’re looking forward to seeing it happen!” said Laurie Craft, Community Foundation vice president, community investment.

“When I first got here from California, it was for the jobs. Then the jobs got slow and the economy got bad. I still stuck it out because of my kids. I’ve always had a job, so that’s kind of what kept me going. I needed to find housing for my kids to grow up in. This is more than I even hoped or dreamed for. Dwelling Place has always been there to help people, and they also believe in rebuilding—not just building places but also rebuilding the mind, for the individual to be comfortable with what they do and how they live. The management will work with you, but you’ve got to be upfront. I’m not giving up.” BRUCE FULLENWIDER Resident, Dwelling Place


GRANTEE STORIES

Community Rebuilders

26

Once a system was in place to ensure that any veteran in Kent County experiencing a housing crisis could quickly access housing resources, Community Rebuilders—the lead agency in our community’s effort to end veteran homelessness—asked, “What’s next?”

veterans often experience when returning to civilian life. Both programs focus primarily on trauma recovery. It’s a holistic approach, which ultimately allows veterans to reconnect with their families and communities, go back to work and pursue education.

Through a $250,000 grant from Grand Rapids Community Foundation, Community Rebuilders launched AFTER Hub. Through this new initiative, Community Rebuilders will partner with local wellness providers to offer two national wellness programs for veterans—Healthy Bodies, Healthy Minds of AllenForce and Mindful Resilience by Veterans Yoga Project. Both programs were designed to address specific mental and physical disorders, such as PTSD, that

“Community Rebuilders provides a full range of supportive services to veterans and their families. They have developed trusted relationships with local veterans and veteran services organizations. Based on feedback from veterans they serve, Community Rebuilders plans to expand social and wellness support for veterans across Kent County,” said Kate Schmid, Community Foundation vice president, program.

“I am a veteran, and I think we need to have more programs and things geared toward our veterans, because we served. During that time of service, we went out and risked our lives to make it better for people back home. A lot of times we are pushed to the side once our service commitment is over. Programs like AFTER Hub will give more confidence that someone is out there looking after us. We can participate in some of the things that people do on a normal basis and be trained on different areas of fitness. I talk to other veterans a lot about getting back into fitness to just develop their minds and bodies. It helps them get back to how they were before going to the military and being injured.” KEVIN WRIGHT AFTER Hub Project Coordinator, Community Rebuilders


funds

28


Ionia Public Schools Scholarship Fund

helps individuals, families, nonprofits,

Lakewood Educational Foundation Fund

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. In 2016-2017 we welcomed 33 new

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

Bea McCarty Family Fund

funds and fundholders to the

James and Teresa McCarty Family Fund

Community Foundation.

enneth and Shirley Morris Memorial K Scholarship Fund George W. Romney Fund—Enrich of Ionia County Volunteer Center Saranac Community Schools

COMMUNITY FUNDS

Paul and Alberta Allen Scholarship Fund for Saranac High School

Cascade Community Foundation Fund

Edwin A. and Maxine Cahoon Compagner Memorial Fund

Joyce and Tom Wisner Fund East Grand Rapids Community Foundation Fund Hudsonville-Jenison Community Foundation Fund udsonville-Jenison Community H Foundation—Youth Fund Wayne D. Jones Community Fund Ionia County Community Foundation Fund Belding Education Fund Alvah N. Belding Library 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 The Lowell Area Community Fund

Belding Schools Fund George H. Bird Scholarship Burger Fund Frost Renaissance Foundation Fund Don and Emma Goodell Scholarship Fund

Sparta Community Foundation Fund Glenn S. Bradford Fund Clare and Helen Finch Fund

The Belrockton Fund

Paul C. and Inez L. Miller Fund

William and Jewel Eckstrom Helping Hand Fund

Sparta Community Foundation—Youth Fund

Healthy Youth & Healthy Seniors Fund

Wyoming Community Foundation Fund

Ionia County Community Foundation—Youth Fund

Tommy Brann Fund

Ionia County Parks Preservation and Maintenance Fund

John and Margaret Kuiper Family Fund

Ionia Free Fair Fund

Wyoming Community Foundation—Youth Fund

Matthew Scothorn Memorial Fund


Funds

DESIGNATED + NONPROFIT FUNDS

George E. and Erma C. Evans Designated Fund for the Salvation Army

Actors’ Theatre Company Endowment Fund

Festival of the Arts in Grand Rapids Fund

American Red Cross Agency Endowment Fund

Gerald R. Ford Council Boy Scouts of America Fund

John Arnold Endowment Fund for Feeding America West Michigan Food Bank

Edward J. & Frances T. Frey Memorial Fund for St. Mark’s Episcopal Church

Aquinas College Frey Scholars Fund

Edward J. Frey Junior Achievement Fund

The Arc Kent County Endowment Fund

Frey Foundation Grand Rapids Symphony Endowment Fund

Association of Fundraising Professionals West Michigan Chapter Fund

Friends of Grand Rapids Parks’ Park Maintenance and Improvement Fund—Joe Taylor Park

Association for the Blind and Visually Impaired Endowment Fund

Friends of Grand Rapids Parks’ Park Maintenance and Improvement Fund—Pleasant Park

John Ball Zoological Society Wildlife Conservation Endowment Fund

Godwin’s Golden G, Inc. Education Fund

Frank and Ann Battistella Grand Rapids Art Museum Fund

Grand Rapids Adventist Academy Merit Fund

Baxter Community Center Endowment Fund

Grand Rapids Ballet Agency Endowment Fund

August and Anna Behrens Fund for Girl Scouts of Michigan Shore to Shore

Grand Rapids Chapter of the American Guild of Organists Endowment Fund

City of Belding Park Maintenance Fund

Grand Rapids Children’s Museum Fund

D. A. Blodgett—St. John’s Endowment 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 Henry Endowment Fund

Grand Rapids Youth Commonwealth Endowment Fund

Catherine’s Health Center Fund

Grand Rapids Youth Commonwealth—Harry Dolan Camp O’Malley Scholarship Fund

Cedar Springs Education Foundation Fund Center for Community Leadership Fund

Grandville Athletic Boosters Endowment 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

Habitat for Humanity of Kent County Endowment Fund

David G. Dvorak, MD Scholarship Fund Dwelling Place Fund

Karl Hascall Variety Club Fund

The Economic Club of Grand Rapids Endowment Fund

Home Repair Services Endowment Fund

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Hudsonville Christian School Foundation Fund

Opera Grand Rapids Fund

Humane Society of West Michigan Agency Endowment Fund

Opera Grand Rapids—Betty Van Andel 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

Rosa Parks Sculpture Maintenance Fund Pilgrim Manor Endowment Fund Charlotte M. Raniville Fund for the Benefit of Mary Free Bed Guild Retired and Senior Volunteer Program (RSVP) Fund George W. Romney Fund—Heart of West Michigan United Way Volunteer Center

Allen I. and Helen J. Hunting Reserve Fund to Support Grand River Restoration

Rotary Club of Lowell Foundation Fund

Indian Trails Camp Endowment Fund

St. Cecilia Music Society Building Endowment Fund

Indian Trails Camp—Cabin Fund

Senior Meals on Wheels of Western Michigan Fund

Indian Trails Camp—Paul Clark Blanding Memorial Scholarship Fund

Senior Neighbors Agency Fund

Jenison Christian School Endowment Fund Jenison Public Education Foundation Fund Laureen Kennedy Child Care Fund Kenowa Hills Education Foundation Fund Kent County Agricultural Preservation Fund

Safe Haven Ministries, Inc. Endowment Fund

Senior Neighbors Fund Douglas Leon Spalding Memorial Fund Spirit of Solidarity Fund Nellie H. Stevens Grand Rapids Teachers’ Travel Fund Kathryn and Dennis Sullivan Charitable Fund

Kent District Library Fund

The Kathy Timmer Specialized Language Development Learning Center Memorial Fund

Ladies Literary Club Fund for Literacy Center of West Michigan

Unity Christian High School Education Support Fund

Look Memorial Fund Lowell Area Historical Museum Endowment Fund Lowell Area Schools Education Foundation Endowment Fund LCTV Endowment Fund William S. Martens Hundred Club Fund

Wege Wealthy Theatre Fund West Michigan Center for Arts and Technology Fund West Michigan Dental Foundation Fund West Side Christian School Fund Women’s Resource Center Founder’s Circle Endowment Fund

Ronald McDonald House Fund

World Affairs Council of West Michigan Endowment Fund

The Fred and Lena Meijer Fund for Frederik Meijer Gardens & Sculpture Foundation

Wyoming Public Schools Educational Fund

Fred Meijer Mid-West Michigan Rail-Trail Endowment Fund

YWCA Women and Girls Development Fund in Honor of Judy Lloyd

Fred Meijer West Michigan Trails Maintenance Fund Meijer Wealthy Theatre Fund

DONOR ADVISED FUNDS

Mental Health Foundation of West Michigan Fund

Anonymous Advised Funds (8)

Leonard and Eileen Newman Designated Fund

The ACH Fund

Noorthoek Academy Endowment Fund

Martin J. and Susan J. Allen Family Fund

Northview Education Foundation Endowment Fund

Robert N. and Catherine R. Alt Family Fund


Funds

David G. and Mary L. Annis Family Fund

Frey Foundation Fund II

James and Shirley Balk Family Fund

Charles R. and Bette Fuller Family Fund

The Banks Family Charitable Fund

Furniture Manufacturers’ Heritage Advised Fund

Kip and Chris Barber Fund

C. John Gill and Rita Williams Family Fund

Laurie Finney Beard Family Fund

Richard and Elizabeth Gillett Family Fund

John R. Bertsch Fund

Gene and Tubie Gilmore Fund

John and Claire Bissell Advised Fund

Jamie Hale Memorial Fund

Matthew and Vicki Bissell Advised Fund

Hascall Family Donor Advised Fund

Bjork Bradford Donor Advised Fund

Janet A. Haynes and Kelsey Haynes Advised Fund

The Moore Brower Charitable Fund

Heerspink Family Advised Fund

Allan R. and Claudia A. Carlson Advised Fund

The David and Cathy Heldt Charitable Fund

Carpenter Advised Fund

The Heuschkel Family Fund in Memory of Emilie

David M. and Cara V. Cassard Fund

Beverly and William Heyne Fund

Center for Systemic Change Advised Funds

Stuart and Barbara Hoffius Family Fund

Chris-Tina Fund

Thomas E. and Geraldine K. Hogan Fund

Roger and Sally Ciapara Donor Advised Fund

Earl and Donnalee Holton Advised Fund

Colliers International Fund

Ken and June Holtvluwer Fund

Peter C. and Emajean Cook Fund

Doug and Peggy Hoogerhyde Fund

Richard C. and Shirley E. Cooper Advised Fund

The Bart and Fran Housman Charitable Fund

Darooge Family Charitable Fund

David and Marilyn Hunting Fund

Robert J. and Katherine M. Daverman Fund

Margaret P. Idema Fund

DCB Family Fund

William and Beatrice Idema Fund

Douglas DeBoer Memorial Fund

J & N Fund

Eleanor Hager Defoe Fund

JCT Donor Advised Fund

DeLapa Family Fund

Thomas J. and Margaret L. Jack Fund

Achille and Irene Despres, William and Andre Fund

Mike and Sue Jandernoa Advised Fund

Henry J. and Alyce Doele Donor Advised Fund

Andy and Christina Keller Fund

Dyer-Ives Neighborhood Fund

Linn Maxwell Keller Donor Advised Fund

The Ebenezer Fund

Herbert and Glenna Knape Family Fund

Engen Family Fund

David and Phyllis Koslow Fund

Gerald and Jane Feldman Family Fund

Matthew Kutsche Memorial Fund

First National Bank of Michigan Charitable Fund

Lafayette Fund

Fishell Fund

Norm and Marilyn Leven Family Fund

Founder’s Fund

Loeks Family Funds

Tom and Mickie Fox Family Advised Fund

Andy Lubbers Be NICE Memorial Fund

The Freihofer Family Fund

Andy Lubbers Memorial Fund for Mental Health

The Jack and Jill French Charitable Fund

Dr. Jack and Katy Lukens Family Fund

Frey Foundation Fund I

Judson M. and Lynn E. Lynch Family Advised Fund

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Eugene G. and Jean P. Lyons Family Fund

Dr. Lisa Sostecke Fund

The Mackay Charitable Fund

William E. and Norma Sprague Charitable Fund

Mankoff Family Fund

N. Jene Stella Memorial Fund

Chester and Elaine Maternowski Family Fund

The Supp Family Donor Advised Fund

Barbara Mayo-Johnson Donor Advised Fund

Dr. Alfred B. Swanson and Dr. Genevieve de Groot Swanson Advised Fund

Hendrik and Gezina Meijer Fund Liesel Litzenburger Meijer Fund Frank H. and Virginia L. Merlotti Advised Fund Daniel W. Miller and Susan L. Wright-Miller Fund Paul C. and Inez L. Miller Fund Kim S. Mitchell Donor Advised Fund Milton and Eyssy Moore Advised Fund The Michael & Rachel Mraz Fund C. Robert and Patricia Muth 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 Stan and Jackie Vander Roest Fund Andy and Tracy Van Solkema Family Fund Anne Heyboer Vander Heide Fund

The Myers Family Fund

Simon and Mary Vander Kooy Fund

Northouse Family Fund Daniel and Susan Oumedian Family Fund Patricia P. and Armen G. Oumedian Family Fund Louis Padnos Iron & Metal Company Fund

Roger and Jacquelyn Vander Laan Family Fund The Earl and Gert Visser Charitable Fund Warner Norcross & Judd Fund Waters Corporation/Cassard Family Donor Advised Fund

Padnos/Sarosik Fund Park Avenue Partners

West Michigan Edward Jones Foundation Fund

Peterson Memorial Fund

The John J. Wheeler Charitable Fund

Virgil and Louise Phelps Advised Fund Pimm Donor Advised Fund

Whitsett Family Fund

Gerald and Starr Retzlaff Donor Advised Fund

W.K. Kellogg Foundation Trustee Donor Advised Funds (2)

Rimbaud Fund

Kate Pew Wolters Fund

Leonard and Karen Rinke Fund

Dick and Barbara Young Fund

River City Fund

Zack Family Fund

Richard Roane and Leandro Robles Families 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 Louise J. Johnson Fund

Sadler Family Fund Nancy and Doug Slade Dynamic Donor Advised Fund

George M. Ames Fund

Sligh Memorial Fund

Lucy E. Barnett Trust for the Elderly

Richard E. Smoke Advised Fund

John, Margaret and Maryellen Berry Fund


Funds

Gordon and Mary Bowman Fund

Gordon and Janet Moeller, Food Security Fund

Armand F. and Gretchen B. Burch Fund

Needy Children Field of Interest Fund

Cherry (Mrs. James) Carpenter Fund for Children

Norma Olsen Fund for Abused Children

Challenge Scholars Funds

The George and Kaye Wilsted Fund for Children

James and Shirley Balk Family Fund for Challenge Scholars

Leonard and Eileen Newman Fund for the Arts Our LGBT Fund

avid B. and Susan D. Lipner Fund D for Challenge Scholars

Estate of Annette Richards Kathryn and Dennis Sullivan Charitable Fund

Armen Oumedian Challenge Scholars Fund

SVI—Social Venture Investors Fund

Kenneth H. and Margaret L. Childs Fund for Education

Kenneth M. Sweers Fund for the Homeless Patricia Haan Timmer Fund for Downtown Charities

Bruce Alexis Cornelius Memorial Fund for Mental Health Agencies

Youth Field of Interest Fund

George M. and Lucinda Ann Edison Memorial Trust Fund Emma Sherwood Evans Trust Fund

OPERATING/SPECIAL PROJECT FUNDS

Charles Evenson Fund for the Environment

Administrative Fund

William S. Folz Fund for Cancer Research

Charitable Gift Annuity Funds (39)

Fund for Arts and Social Engagement

Grand Rapids Community Foundation Reserve Fund

Fund for Economic Prosperity

Special Project Funds Building Campaign Fund

Fund for Education

City of Hudsonville Terra Square

licent Epps Jasperse Memorial Fund A for Academic Achievement

Encore Fund

Fund for Health

Michigan Health Endowment Fund

Fund for the Environment

Nonprofit Technical Assistance Fund

Fund for Neighborhoods

On The Ground Grand Rapids

Healthy Youth & Healthy Seniors Fund

Rosa Parks Sculpture Project

Cecilia Hoagland Fund for Local Veterans

The Spirit of Grand Rapids

Arthur H. Holmes Handicap Fund

Vandenberg Statue Project

Homeless Prevention Endowment Fund Mary I. and David D. Hunting Family Fund

SCHOLARSHIP FUNDS

Elizabeth J. Steed Johnson Fund for Healthcare and Community Health

Anonymous Scholarship Fund (1)

Ken, Melinda and Andrew Krei Youth Fund

General Scholarship Fund

Ladies Literary Club Fund for Literary Arts

Altrusa Scholarship Fund

The C. Lincoln Linderholm Trust

Arts Council of Greater Grand Rapids Scholarship Fund

Duncan Littlefair Literary Fund for Children

Noyes L. Avery, Jr. and Ann E. Avery Scholarship Fund

The J. Leslie Livingston Memorial Fund William H. and Inetta P. Martindill Fund

Black Men Building Resources Scholarship Fund

Robert D. Mieras Fund for Dance and Music

Geraldine Geistert Boss Scholarship Fund

34

Harry J. Brown and Lucille B. Brown Scholarship Fund

Miller Johnson West Michigan Diversity Scholarship Fund

Orrie and Dorothy Cassada Scholarship Fund

The Joshua Esch Mitchell Aviation Scholarship Fund

Llewellyn L. Cayvan String Instrument Scholarship Fund

Robert L. and Hilda Treasure Mitchell Scholarship Fund

Aim High Jerry Clay Scholarship Fund

Harry J. Morris Jr. Emergency Services Education Scholarship Fund

Thomas D. Coffield Scholarship Fund Paul Collins Scholarship Fund Rosemary Cook Education Scholarship Fund Country Fresh, LLC Scholarship Fund Gerald M. Crane Memorial Music Scholarship Fund

NAIFA West Michigan Scholarship Fund Dr. Patricia E. Newby Close Up Scholarship Fund Peggy (Kommer) Novosad Scholarship Fund Olson Family Scholarship Fund

Darooge Family Scholarship Fund

Patricia P. and Armen G. Oumedian Scholarship Fund

Achille and Irene Despres, William and Andre Scholarship Fund

Forrest Arthur Pletcher Memorial Fund

Donald J. DeYoung Education Fund Edwin F. Doyle Scholarship Fund Economic Club of Grand Rapids Scholarship Fund George and Louise Egeler Fund Supporting YESP Virginia Valk Fehsenfeld Scholarship Fund Melbourne and Alice E. Frontjes Scholarship Fund Carolyn Gallmeyer Fund

Armando “Frank” Quaglia Veterans Scholarship Reach for Your Goal Scholarship Fund Josephine Ringold Scholarship Fund David and Laurie Russell Family Scholarship for Habitat for Humanity of Kent County Families Alan R. Ryan Scholarship Fund Margery J. Seeger Scholarship Fund Ronald T. Smith Family Scholarship Fund

Mathilda Gallmeyer Scholarship Fund Grand Rapids Combined Theatre Scholarship Fund Grand Rapids Scholarship Association Fund Grand Rapids University Prep Founders’ Scholarship

Gladys A. Snauble Scholarship Fund Christine Soper Scholarship Fund Dr. William E. and Norma Sprague Scholarship Fund

Hackett Family Scholarship Fund

Dorothy B. and Charles E. Thomas Fund in support of the Ringold Scholarship

Guy D. and Mary Edith Halladay Trust Fund

Dorothy J. Thurston Scholarship Fund

Donald and Florence Hunting Memorial Fund

Mildred E. Troske Scholarship Fund

The Jack Family Educational Fund

Trust of the GR Federation of U of M Alumnae Club

Camilla C. Johnson Scholarship Trust Fund Jackie Klinesteker Minority Scholarship Fund

University of Michigan GR Alumnae Trust Scholarship Fund

Vivian M. Kommer Scholarship Fund

Margaret Appelt Kerr Fund

Ladies Literary Club Scholarship Fund

Meta Prange Murphy/Lucille Prange Fund

Lavina A. Laible Scholarship Trust Fund

Rosemary Scott Fund

Stephen D. Lankester Scholarship Fund

retchen Slack Appelt and Doris Ann Slack G Scholarship Fund

Sherman L. and Mabel C. Lepard Scholarship Fund Dr. Jack and Katy Lukens Family Scholarship Fund

Roger and Jacquelyn Vander Laan Family Scholarship Fund

John T. and Frances J. Maghielse Scholarship Fund

Keith C. VanderHyde Scholarship Fund

Fred and Lena Meijer Scholarship Funds


Funds

Jacob R. and Mary M. Van Loo; Lenore K. Van Loo; and Anne Van Loo Eldred Scholarship Fund

Marian A. Aldrich Fund American Box Board Community Fund

Chad Vollmer Scholarship Fund

Gasper J. Amodeo Fund

Warner Norcross & Judd Scholarship Fund

Employees of Autocam Fund

Donald M. Wells Scholarship Fund

John W. and Margaret Bertsch Fund

Elmo Wierenga Ottawa Hills Alumni Scholarship Fund Walter C. Winchester Scholarship Fund

Anna Bissell Charity Trust Fund James and Margaret Black Estate

Michael J. Wolf Scholarship Fund

Edward H. Blickley Fund

Dr. Richard J. Woltersom Medical Scholarship Fund

Harvey and Margaret Brower Fund

Violet Wondergem Health Science Scholarship Fund

Orville and Jean Bulman Estate

Audrey L. Wright Scholarship Fund

Allan and Claudia Carlson Family Fund

Youth Enrichment Scholarship Program

William J. Chaille Fund Eugene D. Conger Fund

UNRESTRICTED FUNDS

Louis A. Cornelius Trust

Fund for the Community Good

Dallas and Helen Darling Fund

Lynne M. Black Fund

Cornelia De Fouw Fund

Joy A. Brown-Baker Fund

George and Louise Egeler Fund

Laurie and Crawford Craft Family Fund

Engineered Protection Systems Fund

William and Patricia Edison Fund

Henry A. Fox Family Fund

James and Bebe Glerum Fund

Mr. and Mrs. David G. Frey Fund

Eleanore and Robert Howieson Fund

Jim McKay and Twink Frey Fund

The David B. and Susan D. Lipner Fund

Mrs. L. C. Gardner Fund

Ernest & Lorraine Malkewitz Fund

Carol E. Greene Fund for Community Good

Allen S. & Barbara P. Marcus Fund

Chester A. Hall Fund

Marjorie and Robert Neubig Fund

Leon W. Hall Fund

Roth Family Fund for Community Good

Stanley C. Hall Fund

Robert and Claire Schaefer Fund

Bill and Claudia Hardy Fund

Diana Sieger Leadership Fund

Haslinger Family Fund

Elmer and Mable Slemons Fund

Minnie E. Haven Fund

Bill and Barbara Van’t Hof Fund

Elizabeth Herkner Fund Edward M. Herpolsheimer Fund

Contributions Receivable (split-interest)

Karl E. Herpolsheimer Fund

J ohn H. and Nancy L. Batts 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, Kenneth Vonk Trust, Waddell-Cioni Trust

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

36

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

Keith C. VanderHyde Fund

Ben H. Lee, Jr. Fund

Biem H. and Irene G. Vandermass Fund

Harvey E. Lemmen Fund

Herbert and Doris Vander Mey Fund for Community Good

Clara T. Limbert Fund

Englebert J. and Lelah Sexton Vogt Trust

Gertrude Lindberry Fund Charles W. Loosemore Fund Dr. Jack and Katy Lukens Fund

Estate of Ralph A. Voigt Jeanette Shelly Warner Fund John C. Whitcomb Fund

Hale J. Mackay Fund

Marion Stuart White Fund

Glen C. Mason Fund

Estate of Zoe F. Whitworth Trust

Geraldine F. Masters Fund Mr. and Mrs. Edward C. McCobb Fund

Mrs. Imogene W. Wickett Fund C. John Gill and Rita Williams Fund

Isabel McLeod Fund George and Mary Metz Charitable Fund

Arthur D. Wolf Foundation Trust Charles D. and Irene A. Worden Fund

Mary D. Morman Trust

Estate of Curtis M. Wylie

Estate of Melanie L. Muir Estate of Dr. Clifford T. Nelson

George L. and Esther B. Young Trust

Nordic Fund Francis J. O’Connor Fund Jackman and Helen Palmatier Fund Mary I. and Robert C. Pew Fund Chalmers and Esther Quaintance Fund Charlotte M. Raniville 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


New Funds + Fund Holders

38

NEW FUNDS 2016-2017

NEW RECOGNITION FUNDS 2016-2017

Laurie Finney Beard Family Fund

Lynne M. Black Fund

Gordon and Mary Bowman Fund

Laurie and Crawford Craft Family Fund

Camp Henry Endowment Fund

William and Patricia Edison Fund

David M. and Cara V. Cassard Fund

Eleanore and Robert Howieson Fund

Gerald and Jane Feldman Family Fund

Louise J. Johnson Fund

Gene and Tubie Gilmore Fund

Ernest & Lorraine Malkewitz Fund

Bill and Claudia Hardy Fund

Allen S. & Barbara P. Marcus Fund

Allen I. and Helen J. Hunting Fund

James and Teresa McCarty Family Fund

Allen I. and Helen J. Hunting Research and Innovation Fund for the Grand Valley State University, Robert B. Annis Water Resources Institute

Marjorie and Robert Neubig Diana Sieger Leadership Fund

Allen I. and Helen J. Hunting Reserve Fund to Support Grand River Restoration William and Jewel Eckstrom Helping Hand Fund Andy Lubbers Be NICE Memorial Fund Andy Lubbers Memorial Fund for Mental Health Dr. Jack and Katy Lukens Family Scholarship Fund William H. and Inetta P. Martindill Fund Olson Family Scholarship Fund On The Ground Grand Rapids Senior Neighbors Agency Fund Jeff and Margaret Tuori Family Fund Stan and Jackie Vander Roest Fund Andy and Tracy Van Solkema Family Fund W.K. Kellogg Foundation Trustee Donor Advised Fund Zack Family Fund


Honor & Memorial Gifts + Realized Planned Gifts

40

We recognize the following people in whose honor or memory gifts to Grand Rapids Community Foundation were made. IN HONOR OF

IN MEMORY OF

Ken and Judy Betz

Robert H. Becker

F. Martin Johnson

Forrest A. Pletcher

Lynne Black

Shannon Benton

Robert P. Kimball

David M. Post

William "Jack" Brown

Anna Booher

Marilyn Knudson

Carl Richards Jr.

Christina Earley

Raymond Boozer

Matthew Kutsche

Luke Roobol

Marilyn A. Lankfer

Patricia Caldwell

Katie Lincoln

Matthew J. Scothorn

Joshua Leckrone

Cherry (Mrs. James) Carpenter

Paul Little

Robert F. Streelman

Glenn Lorch

Kent J. Vana

Andy Lubbers

Thomas Vogt

Jean Lyons

Jean Waite

Julian McCallum

Luella M. Warnshuis

Rose Nanzig

Roger Warnshuis

Drew Passinault

Charles Westra

Andrew Patner

Marjorie Yardley

Joyce Norton Patrick Scripps Lynn Warshaw

Gerald Crane Shirley K. Daniels Robert Eleveld Donald Freeman Susan S. Freihofer Barbara J. Hoag James William Hoerner

Betty Jane Pletcher

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 Mary Bowman Don Jandernoa Jean Lyons Ernest and Lorraine Malkewitz Roger Martindill Caroline Schoonbeck Jean M. Whittier


grants

42


CASA of Kent County, Inc.

makes competitive grants to nonprofits

Children’s Assessment Center

in Kent County. Our grant priority

Children’s Healing Center

areas include education (with a focus on Challenge Scholars), the environment, health, the arts and social engagement,

Community Rebuilders Creston Neighborhood Association

neighborhoods and economic prosperity.

Deaf and Hard of Hearing Services

Grants are made with a focus on inclusion

Dwelling Place of Grand Rapids

and equity. This list includes grants from

Ebony Road Players

our Fund for Community Good, Field of

Exalta Health

Interest and Designated Funds.

Families Through Adoption

The Community Foundation is the largest provider of college scholarships in Kent

First Steps Kent Friends of Grand Rapids Parks

County. This year we awarded more

GR Urban Young Life

than $1.2 million in scholarships to

Grand Rapids African American Health Institute

677 students.

Grand Rapids African American Museum and Archives

In all, our grants and scholarships totaled

Grand Rapids Downtown Market Education Foundation

$13,397,096, with Donor Advised Funds contributing $5,116,605 to the total.

Grand Rapids HQ Grand Rapids Initiative for Leaders Grand Rapids Public Schools

This list includes organizations that received a competitive grant award from the Community Foundation’s Fund for Community Good, Field of Interest and Designated funds.

Grand Rapids Trans Foundation Grand Rapids Urban League Grandville Avenue Arts & Humanities Greater Grand Rapids NAACP Branch

UNRESTRICTED, FIELD OF INTEREST & DESIGNATED

Healthy Homes Coalition of West Michigan

Actors’ Theatre Company

Helen DeVos Children’s Hospital Foundation

Alternatives in Motion

Hispanic Center of Western Michigan

Arbor Circle

Home Repair Services

Boy Scouts of America, Gerald R. Ford Council

Indian Trails Camp

Boys and Girls Clubs of Grand Rapids Youth Commonwealth

Jubilee Jobs

Camp Blodgett Camp Henry c/o Westminster Presbyterian Church Camp Roger

Heartside Ministry

KConnect Kent School Services Network Kingdom Minded Ministries Land Conservancy of West Michigan

Camp Shout Out

LINC UP

Camp Tall Turf Cancer Research Consortium of West Michigan

Lincoln Lake Baptist Youth Camp, Inc.


Grants

Grand Rapids Community Foundation Youth Grant Committee Awards

Local First Educational Foundation Lowell Area Arts Council Lowell Area Historical Museum

Youth Grant Committee

Michawana Youth Camp

Better Wiser Stronger

Migrant Legal Aid

Comprehensive Therapy Center

Mind Meets Music

DA Blodgett–St. John’s

Muskegon Family of YMCA Camp Pendalouan

Deaf and Hard of Hearing Services

National Kidney Foundation of Michigan

Ebony Road Players

New City Neighbors

Girls Growing II Women, Inc.

NIA Centre

Grace’s Table

Noorthoek Academy

Junior Achievement of Michigan Great Lakes

North Kent Community Services

Mary Free Bed Rehabilitation Hospital

One Wyoming

No Surrender Running Club

Opera Grand Rapids

Planned Parenthood of Michigan

Opportunities Unlimited for the Blind

Rockford Public Schools

Our Hope Association

Union High School

Our Lady of Consolation Education Foundation

UTYT Stretch Your Imagination

Out on the Lakeshore

Westwood Middle School

Remembrance Ranch Revive and Thrive Project

Grants from Community Funds held at Grand Rapids Community Foundation

Senior Neighbors

Hudsonville-Jenison Community Foundation

Special Olympics Michigan (State Office)

Arbor Circle*

Spectrum Health Foundation

Autism Family Network*

Spring Hill Camps

City of Hudsonville

Streams of Hope

Kenowa Chapter of National AMBUCS

The Other Way Ministries

Ottawa County Parks & Recreation

The SOURCE

Starlight Ministries

Trout Unlimited

Ionia County Community Foundation

True North Community Services

Belding Area Schools

Urban Core Collective

Feeding America West Michigan

Urban Institute for Contemporary Arts

Friends of Lake Odessa Community Library*

Urban Roots GR

Girl Scouts of Michigan Shore to Shore*

Van Andel Research Institute

Habitat for Humanity of Ionia County

Well House

Ionia County Intermediate School District*

West Michigan Center for Arts & Technology

Ionia Montcalm Families Against Narcotics

West Michigan Partnership for Children

Ionia Public Schools*

YMCA of Greater Grand Rapids

Junior Achievement of Michigan Great Lakes

44

Lake Odessa Community Library*

Village of Sparta

Lakewood Public Schools*

Wyoming Community Foundation

Lyons Township

Artists Creating Together*

Mary Free Bed Rehabilitation Hospital*

Camp Blodgett*

Portland District Library

City of Wyoming*

Portland Public Schools

Godfrey Lee Public Schools

Saranac Community Schools

Godwin Heights Public Schools

Saranac Public Library

HSB, Inc.*

Spectrum Health Foundation*

Mary Free Bed Rehabilitation Hospital*

Lowell Area Community Fund

Project C.O.O.L.*

Baby Pantry of Lowell

Streams of Hope*

City of Lowell

The Dock Outreach Ministry

Fallasburg Historical Society

Wyoming Public Schools

Gilda’s LaughFest Grand Rapids Amateur Astronomical Association Greater Lowell Chamber Foundation Hope Network Impact: A Wesleyan Church Junior Achievement of Michigan Great Lakes Kent County Youth Agricultural Association Lowell Area Arts Council Lowell Area Fire & Emergency Services Authority Lowell Area Historical Museum Lowell Area Recreation Authority Lowell Area Schools Lowell Area Schools Education Foundation Lowell Charter Township Lowell Community Wellness North Country Trail Association Rotary Club of Lowell Community Foundation YMCA of Greater Grand Rapids Sparta Community Foundation Junior Achievement of Michigan Great Lakes* Mary Free Bed Rehabilitation Hospital* North Kent Community Services Sparta Area Schools Sparta Township Library

*Awarded from the Youth Grant Committee Fund


F is for Financials.

46

This was an outstanding year financially for Grand Rapids Community Foundation. We had gift revenue of $6.8 million, and we once again awarded over $13 million in grants and scholarships. Our main endowed pool, the Balanced Plus Pool, returned +12.9 percent for the year. This very diversified investment pool aims to provide long-term investment returns while reducing risk through asset diversification. Returns were driven by very positive results in domestic and international equity markets. The Dow Jones Industrial Average, a widely used measure of stock market performance, is up over 20 percent since the election last year. Improved corporate earnings, low unemployment and continued low interest rates have all driven the positive returns. The Community Foundation also offers two other investment options for donors. The Balanced Pool, a 60 percent stock/40 percent bond fund returned +11.9 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 +12.9 percent for the year. We are very pleased with the results for the year. All Grand Rapids Community Foundation portfolios are under the direct oversight of the Investment Review Committee (IRC), which reports to the Board of Trustees. The IRC is composed of senior level finance and business professionals who focus on aligning the investment portfolio with the Community Foundation’s long-term financial goals. It is a privilege to work alongside a group of such talented and dedicated individuals. The IRC made several changes to the portfolio over the last year, including a new investment advisor, a new investment policy statement and several new investment managers. While the near term presents several challenges from an investing perspective, the IRC believes the portfolio is well positioned to achieve our long-term financial goals. We are proud to have recently received a 4 Star (highest rating) from Charity Navigator, with a near perfect rating in accountability and transparency for the efforts we make in providing information to our donors. S TA N VA N D E R R O E S T Chief Financial Officer


Statements of Financial Position, June 30

ASSETS

2017

2016

Investments, at Market Value

$315,369,035

$289,384,058

Beneficial Interests in Perpetual Trusts

$2,198,396

$2,150,779

Split-Interest Agreements Receivable

$4,047,179

$3,835,678

Gifts and Pledges Receivable

$1,335,069

$2,719,187

Notes Receivable

$2,716,675

$2,467,205

Property, Furniture + Equipment, Net of Accum. Dep.

$3,804,711

$4,035,047

Prepaid Expenses

$1,776

$10,130

Reinsurance Contracts

$1,609,648

$1,762,700

Cash Surrender Value of Life Insurance

$679,852

$635,827

Total Assets

$331,762,341

$307,000,611

Accounts Payable

$0

$53,732

Grants and Scholarships Payable

$5,141,271

$5,176,058

Charitable Gift Annuities Payable

$2,319,440

$2,476,909

Funds Held on Behalf of Nonprofit Endowments

$16,615,418

$14,697,792

Total Liabilities

$24,076,129

$22,404,491

Board Designated Endowment

$263,904,316

$242,161,211

Undesignated

$22,875,285

$20,647,553

Temporarily Restricted

$14,240,001

$15,168,363

Permanently Restricted

$6,666,610

$6,618,993

LIABILITIES

NET ASSETS Unrestricted:

Total Net Assets $307,686,212 $284,596,120 Total Liabilities and Net Assets

48

$331,762,341

$307,000,611

Statements of Activities Year Ended, June 30

REVENUES AND GAINS/(LOSSES) + OTHER SUPPORT 2016 2017 Investment Income

$3,589,208

$3,774,665

(Net of investment expenses of $1,141,433 in 2017 and $1,127,777 in 2016)

Realized Gains on Sale of Investments

$4,969,983

$7,380,927

Change in Fair Value of Investments

$27,858,687

($23,381,907)

Bequests and Gifts

$6,760,719

$10,172,124

Change in Fair Value of Charitable Gift Annuities

($150,396)

($25,173)

Change in Fair Value of Split-Interest Agreements

$568,243

($49,276)

Less: Amounts Allocable to Nonprofits

($2,562,479)

($149,889)

Total Revenues and Gains/(Losses)

$41,033,965

($2,278,529)

Grants and Scholarships Authorized

$13,397,096

$13,030,606

Charitable and Philanthropic Expenses

$1,340,045

$1,439,602

Community Initiatives and Fund Program Expenses

$1,031,009

$1,018,719

Less: Amounts Allocable to Nonprofits

($644,854)

($589,112)

Management and General

$1,147,717

$1,190,320

Development and Marketing

$1,447,013

$1,409,094

Fund Management

$225,847

$194,980

Total Expenses

$17,943,873

$17,694,209

Change in Net Assets

$23,090,092

($19,972,738)

Net Assets, Beginning of Year

$284,596,120

$304,568,858

Net Assets, End of Year

$307,686,212

$284,596,120

EXPENSES

Supporting Services:

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 www.grfoundation.org. Analysis of Expenses 16% Support Services as a percentage of total expenses 84% Community Leadership and Grants as a percentage of total expenses


Assets by Fund Type

9%

Community Funds $26,792,860

30%

12%

Unrestricted Funds

Designated + Nonprofit Funds

$101,290,466

$38,574,694

10%

24%

Scholarship Funds

Donor Advised Funds

$35,210,973

4%

Operating/ Special Project + I nitiatives/Building

11%

Field of I nterest Funds $36,591,596

$12,106,353

50

$81,195,399

23 %

s + Social gagement

GrantsAssets + Scholarships byType Priority Area Assets by byFund Fund Type- -June June30 30

35 35%%

23 23%%

Education Education

Arts Arts+ +Social Social Engagement Engagement

10 10%%

18 18%%

Environment Environment

Health Health

2%

Economic Prosperity

12 12%%

Neighborhoods Neighborhoods


22%%

Economic Econom Prosperit Prosperi

Net Annual Returns

2014 16.1%

2013

2017

13.1%

12.9%

2015 1.2%

2016 -4.5%

52

Asset Allocation of Balanced Plus Pool, June 30, 2017

59.8% Global Equity

10.7% Global F ixed I ncome

17.4% Diversifying S trategies (Absolute Return)

9.5% Real Assets (Real Estate, N atural Resources, I nfrastructure)

2.6% Cash



54

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 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.



Staff

Diana R. Sieger PRESIDENT

Ashley René Lee

Laurie Craft

VICE PRESIDENT, PR & MARKETING

VICE PRESIDENT, COMMUNITY INVESTMENT

Kate Luckert Schmid

Marilyn Zack, CAP

VICE PRESIDENT, PROGRAM

VICE PRESIDENT, DEVELOPMENT

Stan Vander Roest, CPA CHIEF FINANCIAL OFFICER

56

Emily Ambs

Ruth Bishop

ADMINISTRATIVE ASSISTANT, PROGRAM

EDUCATION PROGRAM OFFICER

Lynne Black

Jan Burns

DIRECTOR OF FINANCE

EVENTS & DEVELOPMENT ASSOCIATE

Janean Couch

Jason England

PROGRAM OFFICER

RECEPTIONIST

Giuliana Fuentes CHALLENGE SCHOLARS ASSISTANT



Staff

Kevin Harmelink HUMAN RESOURCES &

Barb Forseman

Rená Guttrich

OPERATIONS ASSOCIATE

EXECUTIVE ASSISTANT

Keri Jaynes

Cris Kutzli

GRANTS MANAGER

CHALLENGE SCHOLARS DIRECTOR

OPERATIONS MANAGER

Mary Karrip

Ben Oliver

ADMINISTRATIVE ASSISTANT,

CHALLENGE SCHOLARS ADVISOR

DEVELOPMENT

58

Ann Puckett

Shaun Shira, CAP

Jill Tiefenbach

IT MANAGER

MAJOR AND PLANNED GIFTS DIRECTOR

ADMINISTRATIVE ASSISTANT, EDUCATION & LEADERSHIP

Jenine Torres DEVELOPMENT OFFICER

Tracy Van Solkema, BCRE-PRO

Liz Warners

RESEARCH & DATA SERVICES SPECIALIST

PHILANTHROPIC SERVICES ASSOCIATE

Johngerlyn "Jonse" Young, CAP

Max

PHILANTHROPIC SERVICES DIRECTOR

CHIEF MORALE OFFICER



Trustees

Christina Keller

Carlos Sanchez

Laurie Finney Beard

2017 CHAIR

2017 VICE CHAIR

DIRECTOR, LATINO BUSINESS &

PRESIDENT

RETIRED, REGION PRESIDENT

ECONOMIC DEVELOPMENT CENTER

CASCADE BUSINESS TEAM

OLD NATIONAL BANK

2016 CHAIR

FERRIS STATE UNIVERSITY

Thomas Kyros

Emily Loeks

EXECUTIVE PARTNER

DIRECTOR OF COMMUNITY AFFAIRS

VARNUM, LLP

LOEKS THEATRES, INC.

60

Ana Ramirez-Saenz

Richard Roane

FOUNDER AND CEO

PARTNER

LA FUENTE CONSULTING, LLC

WARNER NORCROSS & JUDD, LLP

Michael Rosloniec

Amy Ruis

Wayne Wilson

FAMILY WEALTH/INSTITUTIONAL

OWNER

SVP, GOVERNMENT PROGRAMS

CONSULTING DIRECTOR

ART OF THE TABLE AND APERITIVO

PRIORITY HEALTH

GREYSTONE CONSULTING

NOT PIC TURED Wayman Britt

Paul Keep

John Lown

Arend Lubbers

INTERIM COUNTY

CONSULTANT

STUDENT TRUSTEE

PRESIDENT EMERITUS

PRESIDENT & CEO

ADMINISTRATOR

THE LEADERSHIP GROUP

CATHOLIC CENTRAL

GRAND VALLEY

ROMAN MANUFACTURING, INC.

HIGH SCHOOL

STATE UNIVERSITY

KENT COUNTY ADMINISTRATION


Robert W. Roth


MAKING THE MOST OF YOUR PHILANTHROPY

Grand Rapids Community Foundation has a staff of 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 make our greater Grand Rapids community even greater!

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HOW TO APPLY FOR A GRANT

Grants are awarded six times per year after review by program staff, the Community Action Committee and approval by the Board of Trustees. Pre–applications and grant proposals are accepted throughout the year. Minimally, grant applicants 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 economic 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 online at grfoundation.org or call 616.454.1751.



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grfoundation.org

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ANNUAL REPORT TEAM PROJECT MANAGERS & WRITERS

Ashley René Lee, Grand Rapids Community Foundation Roberta F. King DESIGN

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