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Community Happens Here annual report

Community Happens Here annual report

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The annual report for Grand Rapids Community Foundation for the year 2011-2012.
The annual report for Grand Rapids Community Foundation for the year 2011-2012.

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03/06/2013

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GRAND RAPIDSCOMMUNITY FOUNDATIONANNUAL REPORT 2011/12
 
Great ideas happen here.
 
This year’s annual reportis inspired by a 2012 TEDxGrandRapids talk byDr. Andrew Dent, a materials scientist. He talked aboutproducts, materials, sustainability and second life—that is, something having a use beyond the original intention.This annual report and notebook is our effort to give alonger life cycle to our familiar product. Once you’ve readthe stories and enjoyed the photos, you can tear off theGrand Rapids Community Foundation’s report itself and
voilà,
you have a nifty notebook. The paper is recycledand recyclable. We hope the notebook and some of its prompts willinspire great ideas and actions.
contents
Financial Highlights 4Funds 10Grants 16Scholarships 19Our Amazing Donors 26Trustees 27 About the Foundation 28Leadership & Staff 29Committees 32Financials 34For Professional Advisors 37
 
Mission:
 Our mission is to build and manage our community’s permanentendowment and lead the community to strengthen the lives of its people.
Vision:
  We envision a magnetic and interconnected West Michigan community.
Values:
INTEGRITY: Ethics matter here.
 We promise to be honest and authentic. We hold ourselves accountable for our words and actions.Our decisions and our numbers are transparent. We protect the privacy of our donors, grantees and community partners.
EXCELLENCE: Outstanding results matter here.
 We listen to our customers’ needs and exceed their expectations. We are committed to learning and sharing. We partner with others to act in the best interest of our community. We are problem solvers and we will persevere.
INCLUSION: Feeling welcome matters here.
 We treat people with dignity and respect. We are thoughtful in our words and actions. We advocate for diversity and inclusion. We value perspectives that are different from our own.
SUSTAINABILITY: The future matters here.
 We make smart fiscal decisions. We value relationships and work to ensure they last long term. We work to minimize our negative impact on the environment. We are building a community that is better and strongerthan we found it.
BOLD ASPIRATIONS: Strategy matters here.
 We seek solutions to big, challenging problems. We take calculated risks. We nurture creativity, imagination and innovation. We drive positive change.
Diversity and Inclusion Statement:
“ With intention and honesty, Grand Rapids Community Foundationoffers a safe environment that values diversity and fosters inclusion.We recognize the injustice caused by racism and commit ourselves to eliminating it in all forms.” 
 
1
DEAR FRIENDS,
Is 90 years a long time? It depends on where youstand on the continuum.
 
For people who lived through World War II, 90 years probably seems like a blink of an eye.For people just completing college or high school, 90 years mayseem too far into the future to imagine.
Though Grand Rapids Community Foundation is 90 this year, we’re focusing noton the past, but the future. We’re positioning ourselves for our 100th year. We believe the future happens here. We
launched our Challenge Scholars
program, which provides academic andsocial supports for students at Harrison Park School. When students move on to Westwood Middle and Union High School the support programming continuesthe end goal is helping them become college-ready. Students who stay with theschools and succeed are eligible for college scholarships. This multi-million dollarproject has been in research and development for several years and is our mostambitious effort ever. We won’t see the results until the Community Foundation isover 100 years old—but we know it is worth the wait. We
changed our fund structure
so that we are accessible to emerging philanthropistsin the community. Research with donors and professional advisors told us thatfunds with more flexibility would help us grow. As a result, donors can now open aDonor Advised Fund for a gift of $25,000 and can take five years to fully fund it. We are also offering an Unrestricted or Field of Interest Named Fund that starts at$10,000. Making these changes will help ensure our sustainability.
www.grfoundation.org

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