CMF has released the 2019 Community Foundation Databook which examines assets, grants, gifts, finance and operations, and program- and mission-related investments among Michigan community foundations.

The databook is the most comprehensive statewide analysis of community foundations in the field. This year, about 89% of community foundations in the state participated in the annual survey.

Key takeaways:

• Education and instruction (non-scholarships) remains the top-ranking annual grant category awarded by community foundations, totaling $41.3 million.

• Community foundation assets have grown to $3.8 billion, up from $3.2 billion in the 2015 databook.

• Over $2.36 million in grants were awarded by community foundations, a 10% increase from 2018.

• 28% of community foundations who responded to the survey say they engage in program-related investments (PRIs), with 12% completing mission-related investments (MRIs).

• Four of five respondents who engage in mission-related investing perform due diligence in-house.

This year’s databook includes a pair of data points that are new for 2019. While community foundations have been asked in past surveys whether they own or lease their office space, this year’s survey also included questions asking whether those who own their space have tenants and whether their space is made available for community convenings. The 2019 findings show that while the majority do not have tenants (68%), the majority do provide community space (77%).

Check out the 2019 Community Foundation Databook.

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