This fourth and latest report from the Council of Michigan Foundations (CMF) shares the learning journey and organizational change efforts underway in eight CMF community, family, and independent foundations that participate in the Peer Action Learning Network (PALN) and provides important lessons learned to guide other foundations interested in following this path. Related case studies on changes underway in three of those foundations -- Grand Rapids Community Foundation, Kalamazoo Community Foundation, and W.K. Kellogg Foundation – provide valuable insights and lessons for interested foundations and nonprofits.