Professional Advisory Council
Committed to methods in which the foundation can help meet their client’s financial as well as their charitable goals, the Professional Advisory Council is armed with the tools for exploring innovative approaches that can address long-term needs and values, and for illustrating the tax and estate planning benefits. Joseph Daavettila Certified Public Accountant Robert Daavettila Attorney Daniel Dalquist Investment Advisor Joe Evans Certified Financial Planner Roger Helman Attorney Certified Financial Planner Robert Nelson Investment Advisor Jay Rowe Insurance Estate Planning Bruce Rukkila Certified Public Accountant We offer a variety of planned giving methods to meet your needs. Your professional advisor can assist you in selecting the method best suited for you and your charitable intentions. CASH, LIFE INSURANCE APPRECIATED STOCK REAL PROPERTY TANGIBLE PERSONAL PROPERTY UNITRUST PLANNED GIFT (WILL, TRUST, BEQUEST) CHARITABLE GIFT ANNUITY MARKETABLE SECURITIES CHARITABLE LEAD TRUST
For good. For ever.
Dear Friends of the Foundation,
2004/2005 Report to the Community
Eleanor Roosevelt once wrote:”The future The Keweenaw Community Foundation views itself as a responsive and belongs to those who believe in the beauty of proactive community partner that works strategically to address existing their dreams.” That sense of ownership; and emerging community issues. owning one’s future, belief, and dreams, Healthy Youth, Healthy Seniors Grants stems from a passion we feel privileged to witness flowing from donors, members, staff, Copper Country Tobacco Coalition Tar Wars: a tobacco prevention and volunteers in our community. The curriculum informing the dangers of tobacco use presented to area youth lessons learned this past year have only ages 10 to 12 years of age in the counties of Houghton and Keweenaw firmed our belief that the dreams that have that aimed to reduce smoking. been shared have value forever. Marquette General Hospital Heart Stroke Screening & Smoking Although the economy adversely affected Cessation: identified high-risk seniors in Houghton and Keweenaw counties and directed them to appropriate medical care. the funds that were available for granting, KCF was able to continue to make a Western Upper Peninsula District Health Department: Tobacco Prevention Media Campaign: developed and implemented a difference funding meaningful programs comprehensive media campaign designed to reduce youth smoking in for community health, the arts, youth, the Houghton County. elderly, and families. Little Brothers Friends of the Elderly Tea Time with Toddlers: an Since 1999 the Keweenaw Community intergenerational project for isolated elderly involving volunteer families Foundation has provide over $875,000 in with toddler children for tea and company. grants and special projects to benefit Houghton and Keweenaw counties in addition to the holding securely the “401k for the community”, the KCF family of endowed funds. We are thankful for your generosity and look forward to discovering the beauty of dreams old and new that our community believes has a future to hold. Mary Sue Hyslop, Executive Director Keweenaw Family Resource Center “Parenting, The First Year”: New mothers were provided a free one year newsletter, focusing on child development, health and safety, and self-care for the parent. Copper Country Community Arts Council Art Rocks & Art for Elders Group: teens & senior citizens together explored a range of art activities, developing a variety of skills in a socially comfortable environment. Stanton Township Public Schools Learn to Ski: Stanton Twp Public Schools & community partners provided for a K-8 cross-country ski program linked to physical education. Portage Health System Mall Walkers: a social fitness activity in a safe environment for seniors to learn of the health benefits of lower blood pressure, reduced risk of heart disease, and healthy weight management. Keweenaw Memorial Rehab & Fitness Center Rowing for a Healthy Lifestyle: 7th and 8th grade youth learned to row & participated in the Memory Row highlighting the effects of Alzheimer’s disease. Dial Help Challenge: recreational program designed for middle school age youth to reduce the chances of participation in risky behavior.
KCF Frenzy 2004!
The 1st Annual KCF Frenzy Team Theme Benefit Dinner and Auction was held October 28, 2004 at the MTU Memorial Union Ballroom to help support the Keweenaw Community Foundation operations and its family of endowed funds. It was an evening to remember: great music with a rousing appearance by the MTU Pep Band, an incredible pig roast meal created by MTU chef David Maplehtorpe, auction prizes and sponsorships were generously donated by our hometown individuals and businesses. MTU Football Coach Bernie Anderson wowed the crowd with his rendition of “Coach for a Day”, John and Julia Munson were honored with the “Hall of Fame” Award as a part of the founding members of KCF, and Portage Health Systems was recognized as 2004 Team Player. In addition, three new endowed funds to support non-profits in our area were created this year. This funds raised from this event helped KCF to administer and develop programming for healthcare, land use and natural resource preservation, arts and culture, homeless prevention, community and economic development, tobacco cessation in adults and youth, and community education.
Keweenaw Community Foundation Family of Endowed Funds
Field-of Interest Endowments Alzheimer District Public Library Environmental Healthy Youth/Healthy Seniors Houghton County Historical Preservation Keweenaw County Historical Preservation KCF Youth Keweenaw Cross Country Skiing Keweenaw Heritage Preservation Portage Community Health Portage Lake Youth Scholarship Endowments B.F. Gaffney Faith Lutheran Houghton Rotary Ronald and Lou Ellyn Helman Designated Endowments KCF Administrative A. E. Seaman Mineral Museum Calumet Theatre Company Copper Country Community Arts Council Copper Country Suzuki Association Dial Help Goodwill Farm/Big Brothers/Big Sisters Isle Royale Natural History Association Keweenaw Family Resource Center Keweenaw Friends Meeting Keweenaw Heritage Center Keweenaw Industrial Council Keweenaw Land Trust Keweenaw Unitarian Universalist Fellowship Kiwanis-Nailbenders Little Brothers – Friends of the Elderly Martha & Floyd Memorial Heart & Hands Society Michigan Nature Association Portage Health Foundation Portage Lake United Church Pregnancy Services Richard and June Ross Genealogy Fund Unrestricted
Youth Advisory Committee Grants
YAC members learned fund development techniques in order to acquire grant writing and grant awards process skills. The Keweenaw Area Jazz Bands 4-H Club/MSU Extension, Musical Arts Exploration program: created a scholarship fund that encourages Jazz Band members to study privately with a qualified instructor, then share talents publicly. Keweenaw County Historical Society, Living History Adventures for Children: provided supplemental financial help to procure artists & experts and supplies for the summer living history program, making history come alive for 7-12 year olds by combining history and the arts.
Heart & Hands of the Keweenaw Award: A cash stipend from the Martha & Floyd Memorial Heart and Hand Endowment of KCF is donated to the charity specified by the annual recipient of this award which recognizes individuals who have made a significant impact on the Keweenaw community in the areas of peace, justice, human needs, or environmental stewardship. 2003 Recipient Linda Rulison is one of the founders of F.O.L.K. (Friends of the Land of the Keweenaw) and takes an active role in community planning and environmental preservation. 2004 recipient Carolyn Peterson committed to strengthen this community by reaching across economic and social barriers through her church, political activism, public schools, social organizations, arts programs, and environmental projects. Make A Difference Day 2003: “Warm Wishes”: KCF together with area schools and the Salvation Army, collected and distributed over 2,000 coats, hats and gloves, and warm clothing to families in need. “Wishes” were also collected reflecting the hopes and dreams for a better community. Michigan Land Use Funders Group: an informal coalition that includes funders engaged in grantmaking on land-use, farmland protection, and urban revitalization. This includes funders involved in supporting innovative projects that encompass cross-cutting issues such as historic preservation, environmental protection, educational quality, land acquisition, job training, affordable housing, ecosystem management, and more. While the grantmaking varies, there is one belief common among those involved: current land-use trends are endangering the state of Michigan and the quality of life of its residents. Currently KCF is the only member in the U.P. of MLUF and provides a vital voice for our rural area communicating directly with the state government.
Portage Community Health Endowment Grants
Copper Country Killer Whales Enhancement Project: Augmentation of the community swim program for youth 6-18 years of age and adult competitive swimmers by encouraging self-confidence, self-discipline, self-respect and respect or others through the sport of swimming. Copper Country Safe Kids Chapter Child Passenger Safety Technician Training: Portage Health System facilitated training for car seat technicians so that more seats could be checked in our community, with the intention of decreasing the risk of injury to children. Copper Country Think First Chapter Voice of Injury Prevention: Portage Health System facilitated education on injury prevention to local school districts. Dial Help B.A.B.E.S. & The Drug Avengers: provided the Beginning Alcohol Basic Education Studies and Drug Avengers programs to several area elementary schools. Keweenaw Family Resource Center Perinatal Education for Home Visitors: provided a series of educational presentations and materials on pregnancy and childbirth to home visitors. Omega House buy-A-Day Fund: created awareness of the need to secure funding for terminally ill patients who are unable to afford hospice care. For more information on the following topics visit our website at www.k-c-f.org: Benefits of Giving and Tax Calculator, Donor Bill of Rights, Variance Power. Keweenaw Community Foundation 326 Shelden Avenue: P.O. Box 101, Houghton, MI 49931 906-482-9673 email@example.com
Our Core Values
Integrity: We are committed to being honest, ethical, and trustworthy. Accountability: We are committed to managing our entrusted resources in a diligent and prudent manner Leadership: We are committed to an inclusive approach in convening and shaping partnerships and relationships that address the current and future needs of our community.
Officers and Trustees
Chairman James Bogan, CEO Portage Health System Vice Chairman John Sullivan, Vice President U.P. Engineers & Architects Secretary Douglas Stuart, Retired Director MTU Institutional Analysis Treasurer Michael Hagwell CFO, Keweenaw Memorial Medical Center Betty Anderson President, River Valley Bank Paul Freshwater Retired Regional Government Affairs Manager, Procter and Gamble Ronald Helman Fund Development Consultant Rev. Robert Langseth Retired Pastor Lutheran Church of America Philip Musser Executive Director Keweenaw Industrial Council Paul Ollila Retired Superintendent C.C. I.S.D William Predebon Professor & Chair MTU Dept. of MEEM Douglas Sherk Retired Physician Richard Taylor CEO/President RailDreams Inc. CEO Voyager Enterprises, Inc. Karin VanDyke Director, Human Resources, PHS Steven Zutter Financial Advisor Edward Jones, Hancock
Donors to Endowed Funds as well as KCF Operations. Anonymous Linda M. Adamczewski Lynn Bjorkman & Arnold Alanen Russell & Monica Alger Arthur & Maureen Anderson Archer Daniels Midland Foundation Michael & Karen Arola David P. Bach Bradley & Victoria Baltensperger Dennis & Sandra Barrette Ronald & Sara Basso Bay Electric Elaine M. Beaudoin Jeffrey & Susan Binkley William & Joanne Blumhardt Norma Boersma James & Rhonda Bogan Leonard Bohmann & Janeen Stephenson Elizabeth A. Bonifaci Theodore & Laurie Bornhorst Susanne V. Boxer James & Alice Boyce Robert & M Vicki Boyer Charles & Elizabeth Boyle, Sr. Kristine L. Bradof Viola J. Brown Bruce Rukkila, CPA, PC Bruno’s Motors Charles & Grace Burger Nancy Byers Sprague Alice A. Bylkas Calumet, Laurium, Keweenaw Rotary Campioni Enterprises, Inc Larry Carroll & Mary Haller Joan Schumaker Chadde Eugene Chamberlain Stephen & Janet Cheaney Melba R. Clapp Phyllis & Tracy Clevenger Kevin Codere Thomas & Donna Cole Mary Connor Copper Country Ford Copper Country Orthodontist, P.C. Copper Country Veterinary Clinic Council of Michigan Foundations Cross Country Sports, Inc. Jeff Crumbaugh Daily Mining Gazette Danny & Tami Dawidowski Winifred A. Dietzel Dollar Bay Linoleum and Tile Company Brian & Judy Donahue David & Annette Duchamp Michael & Janet Dudenas John & Janet Dunn Stanley J. Dyl, II Edward D Jones Investments Calumet – Dan Dalquist Hancock – Steve Zutter Houghton - Robert Nelson Steve & Mara Evans Brian & Jean Fettig Frank Fiala & Emily Dekker-Fiala William & Barry Elizabeth Fink Clarence & Yvonne Fisher Ronald J. Fisher, DDS Steven & Ruth Fitzgerald Jo Foley Paul & Audrey Frair Frank A. Douglass Agency, Inc. Ted Fredrickson Robert & Teresa Nelson Paul & Robertine Freshwater Robert Nemiroff & Carolyn Weissbach Christopher & Margaret Gale Jonathan & Gail Neufeld Phil & Vera Gerhardt George Newman John & Lynn Gierke Roberta C. Noetzel Hugh & Bonnie Gorman Northern Hardwoods Cary Gottlieb & Carol Gamble Ronald Notenbaum Virginia Gougeon Jim & Marne Olli James & Carol Grafford Paul & Joyce Ollila Ronald K. Gratz Sally D. Orr Greater Kansas City Community Foundation Chris & Frances Passerello Dr Anni C. Gregor Neil F. Paynter Pauline Grier Peninsula Copper Industries, Inc Ernest R. Griff Wayne & Laura Pennington Robert & Janette Haase Dale & Luann Penny Michael & Tina Hagwell Rolf & Carolyn Peterson Kathleen E. Halvorsen Gary & Joan Pethe David Harmon & Susan Dlutkowski John & Ruth Pippenger James & Bonita Hay Portage Health Foundation Ronald & Lou Ellyn Helman Portage Health System Herman Gundlach, Inc. David & Debra Potter Hiawathaland Eagle Scout Trust Philip & Barbara Quenzi Thomas & Jane Hiltunen RailDreams, Inc. Alison K. Hoagland Republic Bank Houghton Rotary Club Sharon L. Levine & Dana Richter Craig & Amy Hughes River Valley Bank Michael D. & Mary Sue Hyslop Mark & Kathy Roberts Jewelers Mutual Insurance Company Roger S Helman, Esq., PLC Erin Ashley Johnson William & Nanno Rose Jr. Norman & Barbara Kendall Mark & Ann Marie Rottermond Keweenaw Memorial Medical Center Trina M. Roulet Keweenaw Nordic Ski Club Jay D. Rowe Keweenaw Unitarian Universalist Jamie & Linda Russell Fellowship Ruth L. Sablich Merle Niemi Kindred Rebecca Sandretto Harriet King Donald J. Savera Dr. Terry Kinzel & Sue Ellen Kingsley Mary C. Saylor Kiwanis Club of the Copper Country Jackson Scholl & Laura Andersen Fred & Roberta Kobler Robert Sharkey & Susan Donnelly Edwin & Dorothy Kohn Raymond & Wendy Sharp Edwin D. Kraai, Jr Douglas & Nancy Sherk Ken & Elisabeth Kraft John & Roma Siller Richard & Emily Krznarich Lydia Sjogren Craig & Jeanne Kurtz Todd Smith & Carol Witt-Smith Lahti Apartments Ted & Alice Faye Soldan Robert & Deloris Langseth Somero Enterprises, Inc. Larry & Rachel Lankton SPX Foundation Eugene & Mary LaRochelle Patricia A. Stark Paul A. Lehto Wayne & Eileen Stordahl Thomas Leick & Jamie Nara Douglas & Norma Lee Stuart William & Nancy Leonard Paul A. Sturgul Sharon A. Lepisto John & Helen Sullivan Dan & Rose LeVegue Superior Block Company Library Restaurant & Brew Pub Superior National Bank & Trust Co. Carl & Nelda Liebig Bill Sved Erik Lilleskov & Elise Nelson Robert G. Swendrzynski Lindells Chocolate Shoppe Gregory & Judy Switek Rudy & Kelly Luck Mary A. Taddeucci Jerry & Frances Luoma William & Alyce Thorpe Carol A. MacLennan Richard & Ann Tieder Hugh & Georgia Makens U.P. Engineers & Architects, Inc. Jeryl & Jacquelyn Manchester Up and Running Marquette General Health System Upper Peninsula Power Company Robert & Janet Marr Yalmer Mattila Contracting, Inc. Alex S. Mayer Thomas VanDam & Suzanne Kurz- VanDam David & Ann Mayo-Kiely Robert F. Veeser Bruce C. Ventura & Christine Hall Michael & Lisa Meyer Volunteer Action Center Michele Miller Philip & Michelle Morgan R. Craig Waddell Christa L. Walck Glenn & Gail Mroz John & Julia Munson Marion J. Wanner Lynn & Lorraine Watts Philip B. Musser Phyllis O. Boutilier & Art Weaver Vance & Mary Nelson Klaus & Sigrid Weinmann John Welch & Rosemary Grier Statement of Financial Position-Fiscal 3/31/04 3/31/05 Wells Fargo Bank, N.A. ASSETS: Total Robert & Barbara Wheeler Cash and Cash Equivalents $ 35,268 49,570 Ronald & Helen Whiton Investment, at fair value 1,974,148 2,075,100 Wickley Agency Accounts receivable 3,480 421 Francis & Carol Willmes Inventory 899 Wisconsin Public Service Foundation, Inc. Pledges receivable, net 46,326 46,221 Christopher Wojick & Jacqueline Huntoon Investments in Unitrusts 294,424 286,632 Rick & Kathryn Wright Furniture & equipment, net 4,875 4,649 Charles & Lois Young Total Assets 2,358,521 2,463,492 Michael & Christine Young LIABILITIES: Charles & Sue ZamZow Accounts payable $ 4,543 3,069 Anthony & Sharon Zoars Deferred revenue 4,080 3,130 Steven & Jane Zutter Refundable Advances - Unitrusts 294,424 286,632 Annuity payment liability Funds held as Agency endowment Total Liabilities NET ASSETS: Temporarily restricted Annuities Designated Field of Interest Scholarships Unrestricted Operating Total Net Assets Total Liabilities and Net Assets 356,391 48,464 707,902 7,271 (57,393) 320,236 1,207,975 145,551 26,979 1,650,619 2,358,521 331,671 55,488 679,990 7,352 (16,204) 395,661 1,202,075 156,439 38,179 1,783,502 2,463,492 Michigan Tax law permits individuals and businesses to reduce their Michigan income tax or single business tax by a credit of up to 50% to the amount contributed to a permanent endowed fund of KCF. Individual’s maximum tax credit is $100 on a $200 gift Married couple’s maximum tax credit is $200 on a $400 gift. Corporations may receive a state income tax credit of $5,000 on a $10,000 gift or up to 5% of the corporation’s tax liability, whichever is less. Check with your professional advisor as to how this tax benefit applies to you.
Executive Director Mary Sue Hyslop Assistant Director of Finance & Accounting Trina Roulet Assistant to the Director Jean Fettig Youth Advisory Committee (YAC) Advisor Emily Marshall YAC Members Ben Bachran Kristy Buche Ayushi Kawatra Cedric Kennedy Jackie Kennedy Katie Keranen Shari Keranen Andy Monroe Carolyn Oja Mary Oja Naomi Oja Meha Pandey Kristen Provost Jazmin Ravotas Laurie Stark
Honorary Advisors & Volunteers
Vance Nelson, Retired Chief Bureau of Systems Development, State of Ohio James Boyce, Retired Professor, MTU School of Business Michael D. Hyslop, GIS Analyst MTU Forestry Tammy Hammel Don Morin Tammy Hendra Tammy LaBeske Brenda Cross Debra Kamrad Chipo Hungwe Nancy Langevin William Fink
The audits of the fiscal year ending March 31, 2004, 2005 was performed by Makela, Toutant, Hill, & Nardi, P.C. To review the complete audit, contact the foundation office.