Midland Area Community Foundation
The Midland Area Community Foundation is a nonprofit organization dedicated to improving the quality of life in Midland County, Michigan. Established in 1973, it has been pivotal in building permanent community capital and fostering a culture of philanthropy.
Purpose and Vision
The foundation's mission is to cultivate the power of giving, support long-term transformation, and ensure that all residents thrive in Midland County. Its vision aligns with the community's goal of creating an "inclusive community. Together. Forward. Bold. An exceptional place where everyone thrives."
Focus Areas
The Midland Area Community Foundation focuses on four key areas:
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Building Livelihood: Emphasizes economic development and infrastructure to create and sustain competitive advantages for businesses in Midland County. This includes investing in physical and technological infrastructure.
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Developing Talent: Concentrates on providing high-quality education and learning opportunities throughout life, nurturing a skilled workforce and valuing post-secondary learning. It supports projects enhancing youth development and engagement.
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Caring for People: Focuses on health, human services, poverty, housing, mental and physical health, and public safety. The goal is to establish a comprehensive system of supportive services that encourage self-sufficiency.
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Enriching Community: Enhances arts, culture, entertainment, recreation, diversity, and environmental sustainability. It aims to create a vibrant community hub that values equality and inclusion.
Programs and Initiatives
Impact Investing
In 2016, the foundation launched an impact investing initiative, allocating a portion of its assets to support projects that generate both social and environmental benefits alongside financial returns. This strategy is designed to promote local infrastructure and business growth, attract entrepreneurs, and create a vibrant community.
Grantmaking
The foundation provides various grants to support projects aligned with its focus areas. These include General Community Investment grants, Youth Action Council grants, and TOWN grants. Each grant type targets different aspects of community development, such as economic growth, youth empowerment, and public improvements.
Cultural Awareness Coalition
The foundation supports the Cultural Awareness Coalition, aiming to promote, encourage, share, and sustain cultural awareness throughout Midland. This initiative fosters an inclusive environment where all people can thrive.
History and Impact
Since its inception, the Midland Area Community Foundation has invested over $150 million in the community. It manages over 700 funds, each with a unique purpose, and serves as a community leader, leveraging local relationships and knowledge to address specific challenges and opportunities.
Financial Overview
The foundation's financial model includes significant investment income, granting activities, and contributions. It operates as a tax-exempt entity, reinforcing its commitment to charitable purposes and community improvement.
Leadership and Governance
As a nonprofit organization, the Midland Area Community Foundation is governed by a board of directors and features key personnel who oversee its philanthropic activities and operations. The organization's governance structure ensures transparency and accountability in its mission to enrich and improve the quality of life in Midland County.
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Midland Area Community Foundation
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