The Greater Lansing Foundation, c/o National City Bank of Michigan, P.O. Box 21007, Lansing, MI 48909; (517) 334-5297
GREATER LANSING FOUNDATION:
Fact Sheet
January 1997
Note: This is a historical document and does not reflect the current status of the Greater Lansing Foundation. According to Steven Peters, "we no longer have any similar
publication now that the community foundation is handling the grant process." For more current information, see the Greater Lansing Foundation profile provided by Steven Peters, June 7, 2001.
The Greater Lansing Foundation is a private foundation
established in 1947 by the Board of Directors of Central Trust
Company, Lansing, Michigan, to promote the well being of the
inhabitants of Ingham, Clinton and Eaton Counties, through grants
to local charitable, public or educational institutions. The
Foundation does not fund individuals. The Foundation has grown
as a result of numerous large, small and medium size gifts made
by various donors from time to time. The funds have been placed
in the custody of First of America Bank-Michigan, N.A. in
Lansing, which is charged with the safeguarding and investing of
all assets and making available these funds as appropriate for
the purposes of the Foundation.
Any contributor may designate a charity of their choice and those
wishes will be observed. Any undesignated income in the
Foundation is disbursed by a Distribution Committee. The
membership of this committee is comprised of individuals residing
in the Greater Lansing area. The committee membership changes by
terms of appointment and all members serve without
compensation.
For more information, contact:
Karla L. Ter Haar
Secretary to the Distribution Committee
The Greater Lansing Foundation
c/o First of America Bank-Michigan, N.A.
P.O. Box 21007
Lansing, Michigan 48909
Phone 334-5297
The Resolution and Declaration of Trust creating The Greater
Lansing Foundation was adopted by the Board of Directors of
Central Trust Company, Lansing, Michigan, on June 19, 1947
Through mergers and consolidations, the Board of Directors of
First of America Bank-Michigan, N.A. acts as the Board of
Trustees of The Foundation.
The Trust Department of First of America Bank-Michigan, N.A.
in Lansing is the custodian and investment advisor for the
Foundation.
In addition to its duties as custodian, the Lansing Trust
Department provides an individual, currently appointed as
Secretary of the Foundation, who coordinates the general
activities of the Foundation including, for example, the
organization of the grant reviews for the annual Distribution
Committee Meeting.
The Distribution Committee of The Greater Lansing Foundation
generally meets once a year to review and award grants to
qualified organizations. The Distribution Committee, composed of
five individuals from the Lansing community, is responsible for
disbursing the income, and principal if authorized, of the
Foundation for charitable and educational purposes. Members
serve for five years and rotate off to ensure continuity. They
are nominated and appointed to serve from the following:
- One member by the publisher of the Lansing, Michigan, daily
newspaper then having the largest audited net paid circulation
which said member shall be appointed from the editorial or
business staff of said newspaper; {currently The Lansing State
Journal}
- One member by the senior or presiding judge of the Circuit Court
for the County of Ingham, State of Michigan;
- One member by the governing body of the Capital Area United Way
in Lansing, Michigan, or its successor;
- One member of the Board of Directors of the Trustee.
- One member by the Board of Directors of the Trustee.
Financial Information
December 31, 1996 Market Value for The Foundation : $16,047,977.02
December 31, 1996 Market Value for Unrestricted Funds : $4,158,503.72
December 31, 1996 Market Value for Restricted Funds : $11,889,473.30
Summary of Distributions from the Foundation for the Last Five Years
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Year Ending
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Unrestricted Funds
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Restricted Funds
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Total
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1995
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$251,863
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$416,018
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$667,881
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1994
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$249,538
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$431,306
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$680,844
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1993
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$97,370
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$214,198
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$311,568
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1992
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$247,784
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$223,867
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$471,651
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1991
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$153,775
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$327,561
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$481,336
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Assistance Requested
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If you have any comments, notice any glaring inaccuracies, or would like to forward any relevant information concerning this Home Page, please send e-mail to:
Jon Harrison
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Standard Disclaimers
The "links" found in this web page are provided as a courtesy for grants
information seekers, but we cannot vouch for or take responsibility for information contained
in any beyond those maintained by the Michigan State University Libraries.
MSU is an Affirmative Action/Equal Opportunity Institution.
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Ownership Statement
Jon Harrison : Page Editor
Funding Center Supervisor
Social Sciences Collections Coordinator
Michigan State University Libraries
100 Library
E. Lansing, MI 48824-1048
Voice mail: (517) 432-6123, ext. 123
Fax: (517) 432-8050
Last revised 06/08/01
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This page has been visited 
times since June 1, 1996.
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