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History
The M&M Area Community
Foundation is an autonomous, non-profit organization with public
charity status. It was incorporated primarily through the efforts
of David Higley, Don Gehrke, and Wes Hoffman, three members of the
Menominee Rotary Club. They drew up articles of incorporation, applied
for non-profit status, and filed requests for their permit for charitable
solicitation and eligibility for the special Michigan Community
Foundation tax credit. The Foundation was incorporated as the Menominee
Area Community Foundation August 30, 1994. The Menominee Rotary
Club made one of the first donations to the Foundation’s permanent
endowment.
It soon became evident to the initial organizers that
a community foundation needed to serve its entire community
which, in this case, included both
Menominee and Marinette counties. Also, the potential for fund-raising
would be greatly improved. Although Kellogg had intended its challenge
grant to be available only to foundations which served Michigan residents,
an exception was made for Menominee, and the articles of incorporation
were amended January 24, 1996, to include Marinette county in the Foundation’s
service area and rename it the “M&M Area Community Foundation”.
The Foundation is governed by
a Board of Directors made up of area business and civic leaders.
The founding board of directors included Roger Derusha, Don Gehrke,
David Higley, Wesley Hoffman, Katie Jones, Matt Minor, Randy Neelis,
John Reinke, John Seaborg, and Mary Staudenmaier.
The
founding board members, and those who joined later, were instrumental
in raising a total of
about $1,300,000 to establish the Foundation’s endowment,
which was matched by a 50% challenge grant from the W.K. Kellogg
Foundation. The Kellogg challenge, which ended in 1999, was responsible
for the establishment of many community foundations across the Upper
Peninsula. The M&M Area Community Foundation has continued
to build from that challenge with a series of fundraising goals.
It is now one of the three largest foundations in Upper Michigan
with an endowment of $5 million.
Because
grants are made only from the earnings and increase in value of
the original gifts to the
Foundation, its endowment is a permanent resource for funding all
kinds of worthwhile projects. Investment earnings from the endowment
are used to make grants to a wide range of non-profit, charitable,
and volunteer organizations in the Foundation’s service area.
In 1997,
the first year the Foundation awarded grants, it gave a total
of $7,290 to area volunteers and
non-profit organizations. By the end of 2006, total grants amounted
to over $978,000. The outlook for 2007 is that a number of grants
will again be given as the Foundation’s endowment continues
to grow. The intent of the Foundation’s directors, present
and future, is to protect the endowment and use its earnings to
make life better for everyone in Marinette and Menominee counties
far into the future.
The Foundation has no political
or religious ties, and is free to work on behalf of all segments
of our communities. And, because the endowment is permanent, communities
can count on support from the Foundation in perpetuity. The M & M
Area Community Foundation continues to grow in size and responsiveness.
Its competence has been demonstrated as a grant maker, a steward
of corporate funds, and a source of creative solutions for community
problems now and in the future.
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