What responsibilities do family philanthropies have to steward their funds intended for public benefit? Who are they accountable to in pursuit of effective family philanthropy?
Effective family philanthropy makes a collective commitment to meaningful societal change. It holds itself accountable to impact as defined by community, and to the proven practices that support it. It is adaptive, evolving with the family and the community or ecosystem within which it operates.
This new publication honors the innovative leadership of CMF members, and the many unique ways philanthropy peers are working together and with their communities to make Michigan a place where all can thrive.
This document is a reference tool for considering which philanthropic giving structure is most appropriate to the unique situation and priorities of these individuals and families.
In May leaders from the Michigan Department of Treasury, State Budget Office, and Senate and House Fiscal Agencies met to forecast the U.S. and Michigan economies and state government revenues during the Consensus Revenue Estimating Conference (CREC).
Our team of experts is here to answer your technical questions, track down research and connect you with best practices in grantmaking, legal and operational insights, sample documents and more.