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Nonprofits urge donors to join in Big Give

May 10, 2015 5:00 pm Published by

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Odds are good you’ve been hearing from your favorite local charities lately.

With the Columbus Foundation‘s Big Give set to begin at 10 a.m.

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13th Annual Not-for-Profit Leadership Summit Addresses Collaboration and Community Within …

May 10, 2015 5:00 pm Published by

13th Annual Not-for-Profit Leadership Summit Addresses Collaboration and Community Within Westchester’s Nonprofit Sector For a full list of supporters, visit www.uwwp.org/summit.

Photos and captions (hi-res photos available here: https://www.dropbox.com/sh/c5jwnp4dz4topjj/AAApixS-9R0MC60uAaxi75WYa?dl=0)

Photo:

Catherine Marsh, executive director of the Westchester Community Foundation joined by Alana Sweeny, president and CEO of United Way of Westchester and Putnam, and Not-for-Profit Leadership Summit committee members was recognized for her contributions as she looks towards retirement from the Westchester Community Foundation this June.

Hoover students work with musicians in residency

May 10, 2015 5:00 pm Published by

Hoover students work with musicians in residency

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Hoover students work with musicians in residency

Hoover Elementary students learned from two well-known childrenas musicians.

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Questions remain about charitable proceeds from Metro-CHS deal

May 10, 2015 5:00 pm Published by

In Metro Health’s proposed joint venture with the Franklin, Tenn.-based for-profit Community Health Systems (NYSE: CYH), $45.1 million in net proceeds would go to the Metro Health Foundation $34.4 million from the sale after net debt and liabilities, plus $10.7 million in existing foundation assets, according to documents outlining the deal that were submitted to the Michigan Attorney General’s office.

Based on past transactions, the Metro Health Foundation could either spin off from Metro Health or could agree to provisions imposed by the state attorney general that assure any net proceeds it receives go to a charitable cause.

The agreement requires the foundation to use the proceeds from the venture for “charitable, health care-related purposes” and to obtain the attorney general’s approval before altering its own charitable mission, according to a November 2014 report Attorney General Bill Schuette issued in approving the deal.

Bob Schellenberger, an attorney and CPA in Grand Rapids, told the review team that the Grand Rapids Community Foundation “is excellent at carrying out donor intent” for the past contributions Metro Health received for its foundation.

Lody Zwarensteyn, the former president of the Alliance for Health in Grand Rapids, said that the Grand Rapids Community Foundation could establish a donor-advised fund assuring the proceeds from the joint venture and existing assets of the Metro Health Foundation go to support charitable causes in health care “in ways that would be acceptable to the Metro Health community.”

A former executive at Metro Health, Ken Nysson, urged the attorney general review team to steer the proceeds either to the Grand Rapids Community Foundation or perhaps to two other organizations.

A post-sale organizational chart submitted to the attorney general’s office shows Metro Health Foundation continuing as part of Metro Health Corp., which would hold a 20-percent stake of the joint venture with Community Health Systems. The chart indicated the foundation would have a new 11-member board, with five members each appointed by Metro Health and Community Health Systems, plus a representative appointed by the attorney general’s office.

The Grand Rapids Community Foundation “can provide services that honor donor intent,” has experience in making health care grants and “long relationships” with heath care organizations such as Cherry Street Health Services, Catherine’s Health Center, the YMCA and “many others,” Sieger said.

Stella Niagara nature preserve nears funding goal

May 10, 2015 5:00 pm Published by

Stella Niagara nature preserve nears funding goal – Lockport Union-Sun & Journal: Local News

LEWISTON a The Western New Land Conservancy has reached 90 percent of its $3.2 million funding goal for the establishment of a nature preserve along the Stella Niagara riverfront property.

North Bend Rail Trail Receives $1 Million in Grants

May 10, 2015 5:00 pm Published by

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Social Entrepreneurship
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Influencing Social Good Through Retail


When Hannah Davis   traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.




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