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You are Viewing an Archived IssuePosted: 12/18/13
4CCF reports $283,498
given in grants for 2012
by CHRIS GRAYThe Four County Community Foundation (4CCF) is reporting new funds and grants that will continue to support local community endeavors.
Observer Staff Writer
The 4CCF's 2012 annual report shows the non-profit has grown by leaps and bounds since its inception 25 years ago, with a $11.5 million endowment providing grants to schools, non-profits and others.
The 4CCF serves the communities of Armada, Capac, Dryden, Imlay City, Metamora and Romeo. Its initial $2.5 million funding came from St. Joseph Mercy - Macomb buying the community hospital, located at Van Dyke and Bordman.
Funding for the organization is also derived from bequests in wills, life insurance gifts and appreciated stock. Clients can specify donations to be used for specific causes or for general purposes.
Janet Bauer, 4CCF president and CEO, said donations are placed into endowment investments, and the earnings are used for grants. The endowed assets were shown at $10.9 million in the report, but Bauer said they are currently closer to $11.5 million.
"We are more than four times the size in endowment assets, and we continue to grow," she said.
A total of $1.65 million in total revenue, gains and other support was reported for December 2012, a significant increase from the prior year's total of $233,412.
Bauer said contributions were up from the prior year and investments had a better return. For instance, unrestricted contributions increased from $307,964 to $448,559.
The 4CCF spent $283,498 in grants and contributions in 2012, down from the 2011 total of $383,090. Management and general expenses totaled $139,000.
"One of the things I like to stress is all the gifts permanently benefit the community," she said. "What people give here stays here."
A new venture for 4CCF in 2012 was robotics programs. Grants were given to schools such as Armada Middle School, Capac High School and Romeo High School.
In particular, the Byting Bulldogs robotics program at Romeo used its grant to attend the state competition where it earned first place and moved on to compete in the World Championships in St. Louis.
"One thing we really like about that is we're supporting student interest in math and science, so we feel real good about that," Bauer said.
The 4CCF also supported the Goodfellows, the Starkweather Arts Center, field trips to the Wolcott Farm Center and a walking program at Krause Elementary in Armada in 2012.
The fiscal year also marked the 25th year the 4CCF has teamed up with the Henry Ford Macomb Health Center<Bruce Township to provide free flu shots in October. This year, 600 people received a flu shot.
On the contribution side, a new endowment fund etablished in 2012 was the Mary Chinoski Scholarship. Chinoski was a lifelong Romeo resident that taught third grade at Amanda Moore Elementary from 1972 to 2001. She left a bequest to the 4CCF to start a fund that provides college scholarships to students that attended Amanda Moore Elementary.
"We've increased to 108 new funds, so it's always good to add to those major funds," Bauer said.
The annual report highlighted accomplishments from the 4CCF's Youth Advisory Committee (YAC), which provides services, grants and programs throughout the communities. In May, YAC presented the "Text and Drive You Won't Survive" campaign in the 4CCF's six school districts to raise awareness of the dangers of texting while driving.
To view the report, visit 4ccf.org.