About The Foundation
History
Annual Report

About the Lapeer County Community Foundation

• Is a local organization directed by a local volunteer Board of Trustees focusing on local community needs for all of Lapeer County.
• Is a simple, efficient vehicle for multiple interests and donations.
• Tailors gift instruments to represent your interests and circumstances.
• Works in partnership with you and your professional advisor.
• Focuses on long-term enhanced community quality of life through endowment funds.
• Enables you to establish your own legacy.
• Allows you to stay involved with your gift if you wish.
• Provides access to information on local charitable agencies and programs.
• Is managed locally and known for prudent stewardship and investment practices.
• Creates a fund, named by the donor, with a gift of $10,000 or more. By creating a donor-named fund, individual, families, corporations or organizations will be remembered for generations to come.

History

October 1995: Public meeting hosted by Lapeer County Community Support Council to introduce the concept of a Community Foundation; steering committee formed.

November 1995: First meeting of the steering committee with the Council of Michigan Foundations; decision made to affiliate with an existing foundation.

January 1996: Decision made to affiliate temporarily with the Community Foundation of Greater Flint.

February 1996: Board of Trustees of the Community Foundation of Greater Flint approve affiliation agreement establishing the Lapeer County Community Fund; initial gift of $20,000 received from Bob and Lura Myers.

October 1996: Youth Advisory Committee established.

December 1996: Lapeer County Probate Children's Fund and Lapeer Regional Hospital Fund established Market Value of Lapeer County Community fund $36,000+.

February 1997: Fund development plan approved by foundation trustees.

June 1997: Wakaresku Fund and Hazel Simms Scholarship Fund established.

September 1997: $10,000 in funding received from Kellogg Foundation establishing Lapeer County Youth Initiative Fund; Broesamle Fund established.

December 1997: Lapeer County Medical Fund established; Market Value of Lapeer Fund = $1,121,597; Total grants = $4,100.

1998: Lapeer County Youth Initiative Fund receives $300,000 in Kellogg matching funds; Market Value of Lapeer Fund = $1,683,066; Total grants = $31,986.

1999: New funds established: Dirks Memorial Scholarship, Family Literacy Center, Marguerite deAngeli Library, Philip Hart Scholarship, Lapeer Schools Scholarship & Loan, Lapeer Courthouse Restoration; Market Value of Lapeer Fund = $2,030,227; Total grants = $44,386.

2000: Lapeer Historical Society Fund and George Lutz Camp Fund established; Lapeer County Community Fund receives $500,000 unrestricted gift; Market Value of Lapeer Fund = $2,525,288; Total Grants = $66,950.

2001: Lapeer County Community Fund received unrestricted gift of $2,500,000; new funds established: Lapeer County Library, West Genesee Natural Area, Clarke Adams, Family Literacy Center Non-Endowed, United Way Endowment, United Way Non-Endowed; Market Value of Lapeer Fund = $4,909,633; Total Grants = $89,040.

2002: Lapeer County Community Fund Administrative Endowment established; Market Value of Lapeer Fund = $4,463,564; Total Grants = $10,850.

2003: Hiring of first executive director; adoption of Mission Statement; Market Value of Lapeer Fund = $5,333,465; Total Grants = $167,103.

2004: Opening of Lapeer County Community Fund office at 220 West Nepessing Street, Suite 202, Lapeer; filing of IRS 501(C)(3) status, articles of incorporation, and Michigan Charitable Solicitation License; completion of Council of Michigan standards criteria; North Branch Area Schools Fund established; Market Value of Lapeer Fund = $5,831,708; Total Grants = $78,012.

January 1,2005: Independence from Community Foundation of Greater Flint.

March 3, 2005: Public independence celebration held at historic courthouse in downtown Lapeer.

2005: Women's Fund established with 100 founding women.

2005: Lapeer West Boosters Endowment Fund, Lapeer Community Scholarship and Loan Non-endowed Fund, Joseph Property Capital Defense Fund, Joseph Property Defense Endowment Fund, Conservation Monitoring Endowment Fund, LACADA/Robert Jane Lynch Legal Defense Endowment Fund, Irma Gelhausen Scholarship Fund, and Lapeer Community Schools Endowment Fund established; Market Value of Lapeer Fund = $6,487,314; Total Grants = $59,194.13.

2006: Taylor Fund, Adam & Corrinne Moore Music Fund, Lapeer Vocational Fund and Carpenter Endowment Funds established as sub-funds of the Lapeer Community Schools Endowment Fund; Lapeer County Bar Association Fund, GLBC Conservation Easement Fund, and Suncrest-Lapeer County Medical Care Facility Fund, and Kiwanis Scholarship Fund established; Market Value of Lapeer Fund = $7,585,693; Total Grants = $87,532.22.

2007: The Wayne Hildebrant Police Scholarship Fund (non-permanent) and Access to Nature Endowment Fund established; Awarded W.K. Kellogg Foundation access to Recreation Initiative grant; Conducted Envisioning for Lapeer County’s Future in partnership with Lapeer Development Corporation; Reached $8 million in assets in May.

Annual Report

The following files are in Adobe .PDF format and must be opened with the Acrobat reader. You may download this software here:

To download a copy of the 2006 annual report follow this link

To download a copy of the 2005 annual report follow this link.

To download a copy of the 2004 annual report follow this link.

To download a copy of the 2003 annual report follow this link

Office: 810-664-0691
Email: lccf@charterinternet.com