mqt annual report--updated

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ESTABLISHING A TRADITION OF GIVING BACK: Mike & Emily Coyne Anyone who knows Mike & Emily Coyne knows they share a passion for the Marquette community. A fourth generation “Yooper”, Mike was more than enthused when Emily found an advertisement searching for doctors in the small community of Marquette while they were in Arizona. They were both excited about the prospect of returning to Mike’s roots. Marquette offered the quality of life that appealed to them; a small town with close neighbors and family ties. “That was 40 years ago,” exclaimed Mike. “We couldn’t have asked for a better place to live, work, and raise a family. We recognized how privileged we were. We had taken advantage of all the area had to offer and felt the desire and responsibility to give back to the community.”
“IT’S EASIER TO GIVE WHEN YOU’RE DEAD. IT DOESN’T HURT SO MUCH.” Dr. Coyne, who is one of the founders of the Marquette Community Foundation, explained, “Twenty years ago, there wasn’t an appropriate vehicle through which to establish the tradition of giving back until the Marquette Community Foundation was incorporated on June 27, 1988. In fact, the first $1,500 establishing the foundation’s assets came from memorial gifts when my mother passed away in 1988.” Emily and Mike were attracted to the concept of the community foundation because of its self-supporting nature. The community contributes and then decides how to use the money generated by their investment. Another reason they are still supporters is the many and various ways one can contribute to a community foundation. They chose to leave a bequest to the Foundation through a charitable remainder trust. “The trust supplies an <strong>annual</strong> income during our retirement,” explained Emily. “The remainder will transfer to our three favorite organizations; the Marquette Community Foundation, Girl Scouts of Peninsula Water and Bay Cliff Health Camp.” Both Emily and Mike encourage others to consider the Foundation as a way to forever support the causes they care about through a bequest and the importance of informing the foundation about your plan. Mike stated, “Our bequest serves as a strong reminder to our family that they are part of the community forever and it sets an example for others. Besides,” he joked, “It’s easier to give when you’re dead. It doesn’t hurt so much.”
Page 1 and 2: FOR EVERY SEASON 2006 ANNUAL REPORT
Page 3: 2006-07 BOARD OF TRUSTEES, COMMITTE
Page 7 and 8: COMMUNITY FUNDS Greater Ishpeming A
Page 9 and 10: Members of the Marquette County You
Page 11 and 12: FUNDS DESCRIPTION The Marquette Com
Page 13 and 14: FUNDS DESCRIPTION SCHOLARSHIP FUNDS
Page 15 and 16: AFFILIATE FUNDS DESCRIPTION NEGAUNE
Page 17 and 18: Mr. Patrick S. de Freitas Mr. and M
Page 19 and 20: F I N A N C I A L S Marquette Commu

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