TOGETHERWE CAN

DO MORE

PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION2016 ANNUAL REPORT

TOGETHERWE CAN

DO MORE

PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION2016 ANNUAL REPORT

TO PROMOTE

THE CAUSESYOU CARE

ABOUTMOST

IT’SABOUT

CARING PEOPLE ANDCOMMUNITY

CAUSES

Mary Erickson and her two daughters established a donor advised fundso that together they could support efforts close to their hearts. They also knew that, through the Community Foundation, they could help meetneeds of which they might not otherwise be aware. As a result, the Erickson Family Fund made the lead grant to help restore part of theAlanson Hillside Gardens, a lovely focal point for the community.

Mary enjoys the beauty ofAlanson Hillside Gardens

TO HELP OUR

COMMUNITY THRIVE

AND GROW

WHEN COMMUNITY

WORKS TOGETHERBETTER ISPOSSIBLE

When Shayground needed to come down, community members, studentsand the school worked together to determine a replacement. With costsfor the main structure covered by the school district, the Community Foundation stepped in to make the play area even better by providing new 'stand alone' play options that were specifically selected to meet theneeds of all students, providing greater access for everyone.

Blackbird Elementary 2ndgrader, James tests out the new playground

TOLEAVE

A LEGACYFOR THOSE

WHO FOLLOW

Margo Hodder is not new to the community, but she is new to the Community Foundation. Working with her trusted financial advisor,Margo, a retired dietician, made the charitable choice to name the Community Foundation as the beneficiary of her retirement account.With her philanthropic interest to support the Petoskey District Library,Margo will be able to share her love of books with generations to come.

Margo believes the Library is the core of the community

AS A LEGACYSOCIETYMEMBER,

YOUR STORY

NEVER ENDS

IT DOESN’T

TAKE MUCHTO MAKE

A BIGDIFFERENCE

Ask any young person that has served on the Community Foundation’s Youth Advisory Committee (YAC) and they will tell you, everyone can be a philanthropist. As YAC member Sarah Williams shared, “I’ve become aware of what even a small amount of time or money can do for our community,how much passion nonprofits have and the good that is produced by it.” Large or small, your support matters! Together, the possibilities are endless.

Sarah and the YAC support theCrooked Lake Sailors with a grant for new safety boats

TOTAL GIFTS

$1,773,654TOTAL ASSETS

$34,149,015TOTAL OPERATING EXPENSES

$460,5851.35% OF TOTAL ASSETS

TOTAL GRANTS

$2,973,736

Arts & Culture $961,971

Religion Related $89,637

Education$372,534

Health$253,056 Environment

$274,147

Human Services$585,739

Recreation$127,840

Youth$227,602

Community Development$81,210

GRANTS BY PROGRAM AREA

Our audited financial statements and IRS 990 are available on our websitewww.phsacf.org or by calling 231-348-5820.

The Community Foundation is a memberof the following:

• American Council on Gift Annuities• Council of Michigan Foundations• Michigan Nonprofit Association • Partnership for Philanthropic Planning

A complete list of funds and donors are available on our website www.phsacf.org.

MAKING A DIFFERENCE

231.348.5820 • www.phsacf.org • info@phsacf.org