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Max M. and Marjorie S. Fisher Foundation, Inc.

Profile

Last Updated: 2016-06-07

At A Glance

Max M. and Marjorie S. Fisher Foundation, Inc.

2 Towne Sq., Ste. 920

Southfield, MI United States 48075-3761

Telephone: (248) 415-1444

URL: www.mmfisher.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $276,711,594

Total giving: $12,529,861

EIN

381784340

BRIDGE Number

6723311856

Additional Contact Information

Additional e-mail: (for Douglas B. Stewart) dstewart@mmfisher.org; (for Deanna Yow) Dyow@mmfisher.org; (for Cynthia Rowell) crowell@mmfisher.org; (for Jenn Fahnestock) jenn@mmfisher.org

Background

Established in 1955 in MI - Founded by the late Max M. Fisher. Mr. Fisher was an internationally-known businessman and philanthropist. He spent much of his life raising money for philanthropic and political endeavors and was a supporter of charitable and civic organizations. His skill at diplomacy kept him connected to every administration since President Dwight D. Eisenhower’s regarding Jewish and Middle Eastern issues.

Purpose and Activities

The mission of the foundation is to enrich humanity by strengthening and empowering children and families in need. While remaining flexible in its approach, the foundation gives priority to: providing for the needs of and ensuring the future of the Jewish people, and to respecting its legacy and commitment to the Detroit community. Areas of critical importance include education, arts & culture and health, with particular attention to HIV/AIDS. .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Arts and Culture

The goal is to promote a robust arts & culture environment through providing critical support for cornerstone cultural institutions and arts infrastructure groups to increase access for families and children in need.

Education

The program prioritizes a bookend strategy of supporting high quality early childhood education (improving kindergarten readiness and third-grade reading proficiency) and aiding efforts to prepare students for college/career opportunities. It reinforces long-term educational success by supporting arts and health programs throughout the P-20 (prenatal through career) educational continuum.

Health

The goals of this program are: to provide a sustainable approach to economic empowerment for children and families infected and affected by conditions such as HIV/AIDS; to reduce health disparities by focusing on outreach efforts, prevention programs and testing initiatives in high risk populations; and to encourage emerging health leaders to choose field-based and applied research.

Jewish Issues

The goals of this program are to strengthen the Jewish community in Detroit by fostering an increased connection children and families feel to their Jewish identity and Israel through educational and direct experience opportunities; ensure the future of the Jewish people in Israel through supporting the education of the most at-risk youth. Priority will be given to olim and those families in greatest need. Another aspect of the program is to strengthen the culture of tzedakah within the broader Jewish communal enterprise through supporting efforts to cultivate new philanthropic leaders and teaching children the value of tikkun olam.

Program-Related Investment

The foundation made a program-related investment in the form of a loan used to fund core loan services of Hebrew association which provides interest-free loans for charitable purposes.

Fields of Interest

Subjects
  • Arts and culture
  • Diseases and conditions
  • Education
  • Elementary and secondary education
  • Higher education
  • Human services
  • Judaism
  • Museums
  • Nonprofits
  • Performing arts
  • Philanthropy
International Interests
  • Israel
  • Zambia
Population Groups
  • Academics
  • Adolescents
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Infants and toddlers
  • Jewish people
  • Low-income and poor people
  • People with HIV/AIDS
  • Students
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $276,711,594 (market value)

Gifts received: $1,905

Expenditures: $11,939,661

Total giving: $12,529,861

Qualifying distributions: $14,350,652