Max’s Vision Continues
from Crain’s Detroit Business:
Carrying on Max’s vision
Fishers continue legacy of giving
Five years after his death, Max Fisher’s philanthropic, civic and entrepreneurial legacy lives on – through his wife, five children and, soon, his grandchildren.
The Max M. & Marjorie S. Fisher Foundation, one of the largest family foundations in the state, with assets of $235.9 million at the beginning of 2010, continues to support many of the causes Fisher supported during his lifetime, including Jewish communities at home and abroad, the city of Detroit and local arts institutions.
Fisher left some philanthropic values for his wife and children, but no specific instructions.
… The foundation has made grant commitments totaling $53.8 million since 2007-2008, when distributions from Max’s estate moved to the foundation, said Executive Director Douglas Bitonti Stewart.