Detroit-based Children's Hospital of Michigan Foundation will expand its grants from pediatric research to all nonprofit children's programs, according to Crain's Detroit Business.
The foundation previously only funded research programs at the Children's Hospital of Michigan and Wayne State University, also in Detroit. Now, it is spreading its wealth to other organizations around the state and beyond to become a statewide advocate and community foundation dedicated to children. Earlier this year, the foundation moved its 17 employees to a new 5,600 square-foot office space in an effort to distinguish itself from the hospital.
"As we emerge as a community foundation for children, we are going to play a major role in planned giving, estate planning for individuals who want to help children beyond Children's Hospital [and] have the ability to designate their gift to any nonprofit that helps children in the foundation's focus areas of community benefit, research and education," said Lawrence Burns, CEO and president of the foundation, according to Crain's Detroit Business.