Diana Sieger develops growth at Grand Rapids Community Foundation
Editor’s note: Each issue of the Influential Women enewsletter will feature a profile of one of the Business Journal’s reigning 50 Most Influential Women in West Michigan. The profile first appeared in the event program.
The many reasons for the quality of life that Grand Rapids’ residents enjoy can be attributed, in part, to Diana Sieger and the Grand Rapids Community Foundation.
Sieger, the foundation’s president, was instrumental in developing and implementing five strategy plans that resulted in six major community change efforts, including the purchase of a 105-year-old building in downtown Grand Rapids for the new home of the Grand Rapids Community Foundation.
GRCF moved into its new digs in October 2008 and received LEED Silver certification the following year.
Sieger directed substantial growth for the foundation during its 2010-11 fiscal year, raising more than $12 million at a time when charitable giving was sluggish.
The foundation was able to distribute more than $654,000 in scholarships, which was $100,000 more than the previous year.
The foundation’s assets grew, recovering to more than $10 million above the 2008 level, which was at $240 million. It’s now at the $251 million mark.
With the development team, she coordinated and implemented a comprehensive fund development program for the foundation, including the initiation of an agency endowment program, donor-advised fund, major individual giving, cultivation for planned giving and support systems for prospect identification, research and tracking.
Sieger extends her considerable experience with endowment funds by working with National Council of Foundations, Transatlantic Community Foundation Fellowship, Forum of Regional Associations, Council of Michigan Foundations, Midwest Community Foundations, Center for Community Leadership, Kent County Family and Children’s Coordinating Council, Economic Club of Grand Rapids, GVSU Foundation and Community Foundations Institute.