News & Event
The Community Foundation of the Holland/Zeeland Area’s Board of Trustees recently elected three new members. Lucia Rios, Tom DenHerder, and Ryan Lindberg were all elected during the Board’s annual meeting held on May 28.
Lucia Rios is the Resource Navigator for The SOURCE stationed at Herman Miller and is a freelance writer. A West Michigan native, she has worked in the nonprofit sector for over 15 years and is an advocate for disability inclusion. Lucia also serves on the Community Foundation’s distribution committee.
Tom DenHerder is the President/CEO of Yacht Basin Marina. He currently also serves on the Zeeland Public School Board of Education, the Zeeland Education Foundation Board, Chemical Bank Holland Community Board, and the Community Foundation’s investment committee. State-wide he serves on the Michigan Boating Industries Association Board.
Ryan Lindberg is a senior at Holland Christian High School and serves as the Board's youth trustee. He has been a member of Youth Advisory Committee (YAC) since 2016 and will serve as Chair of YAC for the 2019–2020 school year. In addition to YAC, Ryan participates in soccer, is a member of the Michigan Community Foundations Youth Project, the Holland Youth Advisory Council, and currently holds an internship at Lakeshore Advantage.
The Board of Trustees of the Community Foundation of the Holland/Zeeland Area elected a new slate of officers during its annual meeting held on May 28, 2019. Elected as Board Chair is Leslie Brown, Chairman of the Board at Metal Flow Corporation, Brown succeeds Bret Docter, who held the position of Chair in 2018. Brown served as Chair-Elect to Docter for the past year and Jim Bishop will be the new Chair-Elect.
Leslie Brown joined the Board in spring of 2015 and is owner and Chairman of the Board of Metal Flow Corporation in Holland. She has served as the past Chair of the Board of Holland Hospital as well as serving on the boards of Talent 2025, West Coast Chamber of Commerce, Holland Historical Trust, West Michigan Community Bank and Harbor House Ministries.
Jim joined the Board in spring of 2014. A 37-year veteran of banking, in 2015, Jim joined West Michigan Community Bank and is Senior Vice President / Lakeshore Market Manager. Jim currently serves on the City of Holland Downtown Development Authority. Jim is a past board member of the Holland Area Arts Council, Holland Area Chamber of Commerce, Junior Achievement, Lakeshore 504, and a former trustee of the Muskegon Public Schools Board of Education. He also served as a charter member of the executive committee for the Ready for School Council.
Deborah Sterken will continue to serve as Secretary and Mark Harder will serve as Treasurer, and Bret Docter will become Past-Chair.
The Board of Trustees of the Community Foundation of the Holland/Zeeland Area elected a new slate of officers during its 2017 annual meeting.
Elected as Board Chair is Mark K. Harder, a partner with the law firm of Warner Norcross & Judd LLP. Harder chairs the firm’s Private Client and Family Office Practice and concentrates his practice in estate planning and administration for high-net-worth individuals and in the representation of family-owned businesses and their owners.
Harder succeeds Scott Spoelhof, who held the position of chair in 2016. Mark served as chair-elect to Spoelhof for the past year. Harder joined the Board in 2014 and has most recently served on the Foundation’s executive, governance, development, and audit committees.
“The Community Foundation plays an integral role in maintaining and improving the quality of life in our community as it helps steward resources to impact others,” Harder said. “I am deeply honored to be part of that effort and look forward to working with the leadership team and my fellow Board members to help create lasting positive change.”
Harder has been recognized as a Michigan Super Lawyer since 2006 and has been listed among The Best Lawyers in America since 2005. He was named Lawyer of the Year for Trusts and Estates in the Grand Rapids area in 2010 and again in 2017 and a Leading Lawyer in Michigan from 2014 to the present. He was also recognized for for his work in private wealth law by Chambers High Net Worth Guide in 2016.
Mark is a Fellow of the American College of Trusts and Estates Counsel and is a member of the American Bar Association, State Bar of Michigan, State Bar of Wisconsin, Ottawa County Bar Association, Michigan State Bar Foundation and American Bar Foundation. He is also a member of Attorneys for Family Held Enterprises.
Mark serves on the Institute of Continuing Legal Education Probate and Estate Planning Advisory Board. From 2003 until 2010, Mark led State Bar of Michigan efforts to write the Michigan Trust Code, as well as other legislation regulating how trusts are handled. In 2015, he authored a commentary for Michigan’s Uniform Principal and Income Act. He has also co-authored the Estates and Protected Individuals Code with Reporters’ Commentary from 2010 to 2017 for the Institute of Continuing Legal Education.
A graduate of Leadership Holland, Mark has been active in a variety of community organizations, including the Center for Women in Transition, Macatawa Cycling Club, Holland Area Chamber of Commerce, Hospice of Holland and the Grand Rapids-based Family Business Alliance.
Harder holds a bachelor of business administration with high distinction from the University of Iowa and his doctor of jurisprudence with highest distinction from the University of Iowa College of Law.
The Community Foundation of the Holland/Zeeland Area’s (CFHZ’s) Line of Credit (LOC) Guarantee Program allows nonprofit organizations that are tax exempt under Section 501(c)(3) of the Internal Revenue Code, are serving a charitable purpose in the greater Holland/Zeeland area, and had a 2019 operating budget in excess of $500,000 to apply to have a CFHZ guaranteed line of credit established through West Michigan Community Bank.
CFHZ’s Line of Credit Guarantee Program has a total cap of $2 million, so we anticipate being able to partner with 10-15 nonprofits through this program. Please note – as with CFHZ’s competitive grantmaking program, religious organizations that advocate specific religious doctrines through their programs, or do not serve the broader community, are not eligible.
Those nonprofit organizations accepted into this program by CFHZ will then be connected to West Michigan Community Bank (WMCB) to establish their line of credit account. Since CFHZ is guaranteeing this line of credit, the nonprofit will not have to put forward any collateral, nor will the nonprofit go through a traditional underwriting process.
In addition to guaranteeing the LOC, CFHZ will provide reimbursement to the nonprofit for all interest that the nonprofit has paid on the LOC during the first 2 years, up to 4% per year. During the third year that the LOC is open (third year is open for repayment only), CFHZ will not be reimbursing interest costs paid by the nonprofit. Here are some additional details on how the interest reimbursement will work:
CFHZ has been listening to our partners as they describe the significant cash flow challenges being experienced so suddenly due to loss of revenue and increased demand for services during this pandemic crisis. We have heard that significant decisions need to be made quickly, and without a lot of clarity as to what the next 3-12 months are going to look like.
In response, we are launching this new program as a way to further leverage our Community’s Endowment assets to support some of our mid-to-large nonprofit partners and preserve critical community capacity in this time of extraordinary need.
Here is what we hope the program will accomplish:
We understand that this is likely not going to prevent nonprofits from having to make tough choices down the road, as this isn’t grant money, but it will hopefully provide nonprofits the gift of time to make those choices and the option of choosing to spread the difficult decisions out over a multi-year period.
We also acknowledge that by only allowing nonprofit organizations with budgets over $500,000 to apply for this program that this tool is for a limited portion of our nonprofit sector. We recognize that many of our smaller nonprofit organizations are doing very important and critical work as well and want to be clear that this particular program is only one tool in our toolbox.
In addition to this LOC guarantee program, we are utilizing the Emergency Human Needs Fund to deploy capital over a six-week period to organizations providing emergency basic needs services, and we will be re-working our competitive grantmaking strategy for the remainder of 2020. We anticipate our new competitive grantmaking framework and process to be announced in June when we have a better sense of how the federal stimulus funds have supported our community members in need and our nonprofit partners.
Please note – participating in this Line of Credit Guarantee program does not preclude an organization from receiving a grant from CFHZ. This is an entirely different process and tool.
Applications will be reviewed by a joint taskforce of CFHZ Distribution Committee and Program Related Investment (PRI) Committee members with support from CFHZ staff. The review committee will be choosing organizations based on the following priorities:
Step 1: Submit your CFHZ line of credit guarantee program application via the following link by April 24, 2020:
You can use this PDF as a worksheet to view all questions in preparation for submitting the application form online.
The PDF worksheet shows you the “word count” limits for each question, but you do not need to use all the words, and lists are fine. In addition to the PDF worksheet that shows the “open ended” questions in the application, you will also be asked to submit attachments as follows:
LOC GUARANTEE PROGRAM APPLICATION
Step 2: CFHZ will reach out to the contact listed for your organization as close to May 4 as possible with our final decision as to whether your nonprofit has been accepted into the program. We may reach out to you ahead of this date if additional information is needed alongside your application.
Step 3: If your nonprofit is approved to be included in this program, CFHZ will provide your organization it’s Line of Credit dollar approval limit, and will connect you to West Michigan Community Bank in order to establish your line of credit account via a separate application (which will NOT involve collateral or underwriting).
Step 4: At that point, any ongoing communication and reporting requirements will be between the nonprofit organization and their assigned contact at West Michigan Community Bank, with CFHZ being involved only in reimbursing interest every 12 months for the first two years.
Unlike our competitive grant program, you do not need to contact CFHZ prior to completing this Line of Credit Guarantee application. However, if you do have additional questions about the program or application, please contact Mike Goorhouse at firstname.lastname@example.org or 616-994-8855.
Please click here to watch our investment update!
The Community Foundation of the Holland/Zeeland Area is the steward of more than $80 million in philanthropic assets. We are host to more than 650 philanthropic funds including our Community’s Endowment and donor service funds. During this time of financial uncertainty and deep crises, the stewardship of our community’s philanthropic capital entrusted to us is paramount.
In a recent webinar, Jim Wiersma, chair of the CFHZ Investment Committee discussed CFHZ’s investment policy and governance process. CFHZ’s investment consultant, NEPC, provided a brief market update and detailed profile and performance update of our main investment portfolio which houses our Community’s Endowment assets and the majority of our donor service funds.
Our thanks to the following contributors:
Family Investment and Resource Management LLC
CFHZ Trustee and Chair of Investment Committee
Catherine Konicki, CFA, CAIA
Michael Valchine, CAIA, CIPM
Principal, Senior Consultant
Ann Query joined the Community Foundation staff in March of 2017 as part-time Development Director.
“I couldn’t be more excited to have Ann on the team. Ann’s understanding of the Community Foundation runs as deep and wide as her connections and relationships to so many in our community,” said President/CEO Mike Goorhouse.
Prior to joining the team, Ann served on CFHZ’s Board of Trustees for over 15 years, serving as Chair of the Board on two different occasions.
Of Ann’s commitment to the Community Foundation, she says, “I’ve always had an interest and passion for building organizations and building community. This new opportunity is one more chance to build community, and particularly, community for the future. I truly believe the foundation is for good. for ever.”
Ann first became involved with CFHZ as a board member from 1996 – 2002 when transitioning from the Zeeland Community Foundation at the point when the Holland and Zeeland foundations became one single entity. She had served on the Board of the Zeeland Community Foundation from 1986-1996, prior to the merger. In 2006, Ann began her board service again, serving until spring of 2016 (Board Chair from 2011 – 2013). During her board service, Ann played a role on each of the Foundation’s committees. In addition, she and her husband John have multiple funds with the Community Foundation and are proud members of CFHZ’s Bridge Builder Legacy Society.
Ann enjoys finding ways to give time, talent and treasure to the community that has blessed her efforts as an educator, business owner and leader. “The Community Foundation touches so many areas of both need and enhancement in the broader community, and it is a wonderful organization in which to serve to make a difference for today and long into the future,” states Ann.
In addition to her service to the Community Foundation, Ann has been involved in many key community organizations and efforts, including: Lakeshore Advantage – founding board member and former Executive Committee member, Macatawa Area Coordinating Council – founding board member and former Chair, Zeeland Community Hospital Board of Directors, Zeeland Community Hospital Foundation, Zeeland Public Schools Educational Foundation, Zeeland United Way’s Board of Directors, Zeeland Shopping Area Redevelopment Board, Second Reformed Church of Zeeland, Airport Authority Advisory Committee, and a past Hope College Campaign Chair.
Ann currently serves on the Holland Symphony Orchestra Board. Since 2009, she’s served on the Zeeland Board of Public Works as a commissioner, and also chairs the Zeeland Community Development Corporation.
Ann completed her Master’s Degree in Community Leadership from Central Michigan University’s Institute for Personal & Career Development. She earned her Bachelor of Arts from Hope College with a major in English, a minor in Music, and a secondary education teaching certificate. She also obtained her elementary teaching certificate from Grand Valley State University. In addition to teaching and managing/owning a retail business, Ann served as the President of the Zeeland Chamber of Commerce from 1989-2011.
Ann has been recognized with numerous awards over the course of her career including: Business Review of Western Michigan’s Most Influential Women Award, iMagazine’s 50 Women of Influence Award, City of Zeeland’s Certificate of Recognition and Achievement, Zeeland Public Schools Community Spirit Award for Partnership, as well as a Special Tribute for her Chamber of Commerce work from the State of Michigan.
Ann and her husband John live in Zeeland. They have two children and three grandsons.
Dear Friends of the Foundation,
I hope you had a wonderful holiday season and are looking forward to a great year ahead.
I write to you today filled with gratitude and excitement. Over the last few years, you have heard me talk extensively about how the Community Foundation’s work is divided into two parts: building our Community’s Endowment and providing Donor Services.
From 2015–2017, we prioritized the Community’s Endowment side of our work as we engaged in our Today. Tomorrow. Forever. Campaign for our Community’s Endowment. With the momentum of some very generous matching donations, we spent a significant amount of time and energy elevating the important role that our Community’s Endowment plays in the long-term vitality of the Holland/Zeeland area. You all responded in amazingly generous ways that grew our Community’s Endowment by $5 million “Today” and our pipeline of “Tomorrow” estate gift commitments by more than $30 million.
With the campaign wrapped up and with the new Federal income tax law changes taking effect, in 2018 we prioritized the Donor Service side of our work. We spent time with companies, families and professional advisors highlighting the various tools we have to make giving as efficient and effective as possible. We were astounded and humbled by the deep generosity of many in our community as we received close to $20 million in contributions to Donor Service funds here at CFHZ. These gifts ranged in size from $25 to $7 million, and combined with nearly $1 million in gifts to our Community’s Endowment, led to CFHZ’s 2018 contributions totaling close to $21 million. That is more than double our previous high of $9.7 million!
These resources will impact many individuals and nonprofits in the Holland/Zeeland area, and we are honored that many of you chose to partner with CFHZ to help you best achieve your charitable goals.
For me, this record year says two things:
1. Our community is deeply generous and is committed to making a difference in the lives of others and
2. The hard work of so many staff and board members over the last 65 years has made the Community Foundation a trusted partner for many local families and companies.
Nothing inspires me more than having witnessed and felt these two things in profound ways over the last few months. It is a privilege to serve this organization and work with you all!
There was much more that happened during the year, but the above list aggregates some of the highlights from my perspective.
It was an inspiring year here at CFHZ and I want to thank each of you for all that you have done, and continue to do, to partner with the Community Foundation to ensure that the Holland/Zeeland area thrives Today, Tomorrow and Forever.
With deep gratitude,
85 East 8th Street, Suite 110, Holland, MI 49423 (616) 396-6590 Email us
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