FUNDING & FINANCING STRATEGY

To enable and sustain the successful implementation of the THRIVE portfolio of interventions and achieve the projected beneficial impact on both health and community economic success for the region

The work underway will:

  1. Build out the master plan or strategy for funding and financing.
  2. Implement high readiness Phase I and Phase II THRIVE interventions while staging implementation to the entire THRIVE portfolio. 
  3. Provide a financial sustainability plan for the full functioning of the THRIVE portfolio.

PARTNER ADVISORY FIRM

Avivar Capital (Avivar) is a U.S.-based SEC registered investment advisory firm focused exclusively on managing impact investment portfolios and developing impact-driven funds and families of funds on behalf of clients. The firm’s professionals bring domestic and international experience to serve as investment strategists, deal and fund structurers, asset managers, due diligence providers, coaches, trainers, market researchers, facilitators, and evaluators, customizing teams to meet individual client needs. In addition, we are a woman- and minority-owned business committed to creating an impact investment profession that represents the communities it serves.

Avivar believes, “Impact investing can harness the power of capital markets to advance a more inclusive, healthy, and sustainable future.” Avivar will work together with THRIVE, MiHIA and GLBRA staff to implement and sustain a Funding and Financing Strategy that meets THRIVE’s projected impact. “Avivar often works at the intersection of health and community development. We are thrilled to work with the community on fulfilling its vision of a healthy and prosperous Great Lakes Bay Region,” said Avivar co-founder and managing director, Lisa Richter. 

Why partner with an agency?

Partnering with Avivar brings decades of experience in supporting communities to sustain and scale health-promoting activities. “We are excited to collaborate with Avivar through Phases I and II. Their expert industry insight will help to support the 34 interventions that are a part of the THRIVE portfolio and beyond,” said CEO of Michigan Health Improvement Alliance, Beth Roszatycki

Why Avivar Capital?

Avivar supports clients in mobilizing investment capital to amplify the positive changes they are achieving through grantmaking, convening, and advocacy.  They bring expertise in structuring debt and equity investments that use the funding streams such as health care reimbursements and other public supports such as the New Markets Tax Credit.  The firm’s professionals bring domestic and international experience to serve as investment strategists, deal and fund structures, asset managers, due diligence providers, coaches, trainers, market researchers, facilitators, and evaluators. Their four-tier model works with clients along all stages of the impact investment lifecycle, focusing on Planning, Policies, Procedures, and Portfolio Management, incorporating Training and Education for stakeholders at each step of the way.

Over the next two years, Avivar will research the full range of funding streams and financing mechanisms that can support THRIVE’s 34 interventions. They will also work with staff to design and implement a portfolio of impact investment opportunities that reinforce those interventions by attracting investment capital from regional and national investors. This funding and financing capacity can be thought of as a shared utility in the community which goes beyond grants to help address the common and documented barriers to progress.  These barriers to progress often limit the capacity of community initiatives to advance health, even those with strong collective impact frameworks. To learn more about Avivar and meet the team, visit them here: www.avivarcapital.com.

Tina N. Castro, CFA
Tina is a managing partner and co-founder of Avivar Capital, bringing over 15 years of experience in finance and investment management. She co-leads the firm’s overall business activities and serves as an impact investment advisor to Avivar’s clients providing guidance on development and execution of impact investing portfolios and funds. Prior to founding Avivar, Tina spent more than five years as Director of Impact Investing for The California Endowment (TCE) and prior to that, six years in the Investment Management Division at Goldman, Sachs & Co. At TCE, a health-focused private foundation with over $3 billion in assets, Tina developed financing vehicles and strategies that delivered solid financial returns, leveraged significant additional investment capital and supported TCE’s Building Healthy Communities goals. This included the California FreshWorks Fund, a $272 million public-private partnership loan fund to finance healthy food retail in underserved communities throughout CA as well as TCE’s $101 million Program-Related Investment portfolio focused on healthy food retail, community health centers, affordable housing and community lending. Tina has designed and built impact investing portfolios and funds on behalf of clients ranging from large national and regional private foundations to local community foundations including authoring Impact Investing Policy Statements, designing impact investing processes to support effective execution of impact investment activities and designing social and financial performance tracking systems. Tina is a CFA Charterholder, has an MBA in Finance from the UCLA Anderson School of Management and an MA in International Affairs with a focus in International Business from the University of Miami. She earned a BA Cum Laude in International Relations with a focus in Latin America from the University of Colorado at Boulder. Tina currently sits on the board of Aeris Insight, the National Advisory Council for the Building Healthy Places Network, and the Dignity Health Community Economic Initiatives Subcommittee. She is also formerly an Adjunct Instructor for a graduate course on impact investing at USC. 
Lisa Richter
Lisa is a managing partner and co-founder of Avivar Capital. Previously, Lisa co-founded and led GPS Capital Partners, a national consultancy assisting foundations and other institutions to design and execute impact investing strategies. Lisa co-leads Avivar’s overall business activities, bringing three decades of fund management and investing experience spanning asset classes, return expectations, geographies and issue areas, and frequently incorporating place based or sector focus to increase equitable access to opportunity. Clients range from small to the nation’s largest independent and community foundations, banks and institutional investors, with interest ranging from place-based outcomes to theme based strategies that apply traditional asset allocations to earn market-rate expected returns. Lisa authored the Grantmakers In Health Guide Impact Investing, co-authored Equity Advancing Equity (a guide to community foundation impact investing) and co-authored a rural community foundation impact investing guide. In addition, she co-designed the Mission Investors Exchange Institute where she continues as a lead trainer. Through early 2006, Lisa led the National Community Investment Fund, a national Community Development Financial Institution (CDFI) that places equity and debt in development banking institutions and built its national network of development banks and credit unions that increase asset building credit and financial services. Prior to that, Lisa assisted foundation, bank, government and community-based clients to create or expand development financing initiatives in urban, rural and tribal communities throughout the U.S. Lisa is a Senior Fellow with The Philanthropic Initiative, and serves or has served as a director or advisor to the Center for Community Development Investments of the Federal Reserve Bank of San Francisco, Bank of America National Community Advisory Council, Dignity Health’s Community Economic Initiatives Subcommittee, Well Being Trust, UCLA Center for Healthier Children, Families and Communities, American Journal of Preventative Medicine,Women Leading the Way in Impact Investing–Invest for Better, CDFI Coalition, US Social Investment Forum, and NewMarkets Tax Credit Coalition. She holds a BA and an MBA from the University of Chicago. Lisa is also a former Adjunct Instructor for a graduate course on impact investing at USC.


Resources:

Impact Investing partnering with Avivar Capital

Thursday, April 30, 2020
11:45 – 1:00 p.m. ET

THRIVE FUNDING & FINANCING TEAM

Cathy Baase, MD, FAAFP, FACOEM, Board Chair - MIHIA

Dr. Baase formerly served as Chief Health Officer and Global Director of Health Services for The Dow Chemical Company. She is a member of the Roundtable on Population Health Improvement of the National Academy of Sciences, Engineering and Medicine and served as the initial chair of the Business Collaborative. She is a member of the National Alliance to impact Social Determinants of Health, the Advisory Council for the RWJF Culture of Health for Business Project with the Global Reporting Index, and serves n the Susan and Henry Samueli College of Health Sciences Advisory Board at UCIrvine. She has co-authored more than 30 publications and received many awards for leadership in the health field. Dr. Baase is a Fellow in the American College of Occupational and Environmental Medicine, the American Academy of Family Physicians, and THRIVE.

Matthew Samocki EdD, THRIVE Portfolio Director

Matt is the a former administrator with the Central Michigan Science, Mathematics, Technology Center at Central Michigan University. Dr. Samocki has also served as an assistant principal and a teacher at two high schools within the region. With a strong commitment to help people of all ages struggling with mental illness, Matt has been involved in a number of efforts related to addressing today’s growing mental health crisis. He embraces the concept of collaborating with all stakeholders in order to make a positive impact on mental health in the Great Lakes Bay Region. He earned a bachelor’s degree with a major in interdisciplinary social sciences and a minor in psychology, a master’s degree in curriculum and teaching from Michigan State University. He earned his doctoral degree in educational leadership from Central Michigan University.

Pamela Pugh, DRPH, MS, THRIVE Funding & Finance Strategist

Pamela is a consultant with Regeneration LLC, a business which serves as a catalyst for economically sustainable and healthy urban communities. She previously served as Chief Public Health Advisor for the City of Flint, MI, implementing a “Health in All Policy” approach to decision-making during the Flint Water Crisis. She served for 14 years within local public health and has been appointed to numerous boards and policy development workgroups aimed at improving quality of life for children and families. She serves as Michigan State Conference NAACP Health and Education Chairs. She is a two-time recipient of the NAACP Dr. Montague Cobb national Award for special achievement in social justice, health justice, and research. Dr. Pugh serves as Vice President of the Michigan State Board of Education. She received a Doctor of Public Health and Master of Science from University of Michigan and a Bachelor of Science in Chemical Engineering from Florida A&M University.

Dallas Rau, THRIVE Executive Assistant

Before joining MiHIA, Dallas worked for a local security integration company, in charge of day-to-day business operations as well as project and employee management for over 16 years. Dallas graduated Summa Cum Laude with her BBA in Business Management form Northwood University in Midland, Michigan. Community involvement has always been very important to Dallas, who is a board member of the Midland Noon Rotary Club. Dallas’s other volunteer endeavors include Salvation Army, Midland Public Schools, the Midland Lacrosse Club, and The Bridge.

Sasha Savage, MD, Chief Health Officer - THRIVE

Dr. Savage works at MidMichigan Medical Center, where he serves as the Medical Director of the Family Practice Center. His pioneering leadership has involved provider burnout, system wellness reform, and enhancing provider resiliency. Prior to his current position, he served as Chief of Staff within the hospital and was instrumental in graduate medical education in a variety of roles including serving as Chair of the Department of Family Medicine and inaugural Chair of the Ethics Committee. Dr. Savage’s graduated Summa Cum Laude from Brigham Young University with a bachelor’s degree in biology. He completed his medical doctorate training with High Honors from Wayne State University and continued his training with a postdoctoral fellowship in faculty development from the University of Michigan. He is a former Bishop of a Midland-based church.

ADVISORY BOARDS

THRIVE Funding & Financing Advisory Board
(FFAB)

The purpose of the THRIVE Funding & Financing Advisory Board (FFAB) is to provide information and feedback on the THRIVE Funding & Financing Strategy (THRIVE FFS). This includes information and feedback on proposed funding and financing use cases in delivering improved health and sustained community economic growth, venues for deepening THRIVE FFS knowledge and sharing project learning and THRIVE’S
proposed regional implementation plans.

Renee D. Boynton-Jarrett, MD, ScD

Renée Boynton-Jarrett, MD, ScD is a pediatrician and social epidemiologist and the founding director of the Vital Village Community Engagement Network
(www.vitalvillage.org). Her work focuses on the role of early-life adversities as life
course social determinants of health. She has a specific concentration on psychosocial stress and neuroendocrine and reproductive health outcomes, including obesity and early puberty. She is interested in social ecology and the role of neighborhood attributes in influencing health trajectory. Specifically, she has studied the intersection of community violence, intimate partner violence, and child abuse and neglect and neighborhood characteristics that influence these patterns. Her current work is developing community-based strategies to promote child well-being and reduce child maltreatment using a collective impact approach in three Boston neighborhoods.

Nathaniel Counts

Nathaniel works on innovative federal policy solutions for problems in behavioral health. In particular, he focuses on issues in incentive alignment and sustainable financing in behavioral health care, as well as issues in population health. Nathaniel is an expert member of the Forum on Promoting Children’s Cognitive, Affective, and Behavioral Health at the National Academies of Science, Engineering, and Medicine, and he serves on the Board of Directors for the One Circle Foundation, the Anne Frank House, and the Flawless Foundation. Nathaniel received his J.D. cum laude from Harvard Law School, where he was a Petrie-Flom Center for Health Law Policy Student Fellow, and his B.A. in biology from Johns Hopkins. His most recent publication was “(Expected value-based payment: from total cost of care to net present value of care” in Healthcare:
The Journal of Delivery Science and Innovation.

Dinah L. Waldsmith Dittman, MBA

Ms. Dittman is a proven executive who conceives, designs, and implements innovative philanthropic and community engagement strategies and programs. She is results- oriented, with an excellent record of leading teams and delivering results on time and within budget. Areas of expertise include governance, strategic planning and crisis/disaster response, with an emphasis on equity, inclusion, diversity and transparency in engagement design and practice.

Ms. Dittman is currently affiliated with the Council of Michigan Foundations as a
professional advisor in areas of general management, operations, and strategic planning to help clients increase impact and enhance value of their community-oriented efforts. Prior roles include long tenure at Kaiser Permanente’s, creating and leading national strategy and policy for the health care organization’s involvement in the communities it serves. She has also worked in community and economic development leadership roles at Business for Social Responsibility (San Francisco), Shawmut National Corporation (Boston), and was president of an independent community relations consulting practice serving Fortune 100 companies.

In field-building work, Dinah is currently serving as a volunteer on the Funding and Finance Strategy Advisory Board of the Michigan Health Improvement Alliance, Inc.

She has been active with the Council on Foundations in leadership roles, including serving on its Board of Directors. She was a member of the Conference Board’s CSR Council, including serving as its Chair in 2015.
Ms. Dittman holds a Master in Business Administration from Boston University and a Bachelor of Science in Arts and Media from Grand Valley State University. She and her husband live in Detroit.

David J. Erickson

David J. Erickson is senior vice president and head of Outreach and Education at the Federal Reserve Bank of New York. His areas of research include community development finance, affordable housing, economic development, and institutional changes that benefit low-income communities. Erickson has a Ph.D. in history from the University of California, Berkeley, with a focus on economic history and public policy. He also holds a master’s degree in public policy from
Berkeley and an undergraduate degree from Dartmouth College.

David has been a leader in the collaboration between the Federal Reserve and the Robert Wood Johnson Foundation in bringing the health sector together with community development. To date, this collaboration has resulted in 52 conferences and numerous publications, including a cluster of articles in Health Affairs in November, 2011. His book on the history of community development, The Housing Policy Revolution: Networks and Neighborhoods, was published in 2009 by the Urban Institute Press. He also co-edited Investing in What Works for America’s Communities: Essays on People, Place, and Purpose (2012); What Counts: Harnessing Data for America’s Communities (2014); What It’s Worth: Strengthening the Financial Futures of Families, Communities and the Nation (2015); and What Matters: Investing in Results to Build Strong, Vibrant Communities (2017).

Gary Gunderson

Rev. Dr Gary Gunderson is Vice President for FaithHealth at Wake Forest Baptist Medical Center which includes spiritual care, Clinical Pastoral Education and counseling centers in 37 locations across North Carolina. The work is best known for its highly innovative “ground game” focused on training and deploying varieties of roles into the most vulnerable communities across the state. The Division is developing clinically relevant partnerships with hundreds, indeed, thousands, of faith groups through FaithHealthNC especially focused on building webs of trust with the undocumented, stigmatized and left behind. Population health for the 21st century.

Gary is known for more than two decades of creative work in the field of faith and public health initially at The Carter Center and Emory School of Public Health and then in Memphis, Tennessee where the ideas found ground through more than 600 congregational partners showing hard evidence of significant improved outcomes including mortality, cost and dramatically lower hospitalization. The work has been cited by JAMA, AHRQ, AHA, IHI, WHO, IOM the White House, HHS and numerous industry venues.

This model is now being adapted to the very different operational demands of an 850 bed academic medical center with a large referral area demanding complex partnerships. FaithHealthNC is working closely with the NC Hospital Association and regional foundations to spread the model across the state. He is secretary of Stakeholder Health, a learning group of more than 40 healthcare systems convened in working collaboration with the White House and the Department of Health and Human Services. He represents Stakeholder Health on the Roundtable on Population Health Improvement of the National Academies of Science.
As Vice President Gunderson is deeply involved in the challenges facing 17,000 employees, faculty and operational managers adapt to the profound and jarring changes in healthcare today including his own institution.

Gunderson is Professor of Public Health Science in the Wake Forest University School of Medicine and Professor of the Health of the Public in the School of Divinity. He is visiting faculty at the University of Cape Town Division of Family Medicine and Public Health where he was one of the founders of the International Religious Health Assets Program. Gary has authored five books including the most recent, Speak Life: Crafting Mercy in a Hard-hearted time.” Deeply Woven Roots, by Fortress Press is widely used in seminaries since its publication in 1997. “Religion and the Health of the Public” with Dr. James Cochrance by Palgrave/McMillian lays the academic base underneath much of the work.. Leading Causes of Life by Abingdon Press launched a global network of Fellows working on its seminal ideas. Boundary Leaders, also by Fortress, explores the life and work of those working in community and public health improvement and was the basis for a multi- year initiative with the Centers for Disease Control training teams of such leaders nationally.

Gary is an ordained American Baptist minister with degrees from Candler School of Theology at Emory University and Doctor of Ministry at the Interdenominational Theological Center in Atlanta as well as an honorary doctorate from the Chicago Theological Seminary. He is married to Dr. Teresa Cutts, also faculty at Wake Forest School of Medicine with four daughters between them: Lauren, Kathryn, Tess and Maya.

Bobby Milstein, PhD, MPH

Bobby Milstein, PhD, MPH, is Director of System Strategy for ReThink Health and the Rippel Foundation, as well as a Visiting Scientist at the MIT Sloan School of Management. With an educational background that combines cultural anthropology, behavioral science, and systems science, he concentrates on efforts to spark large-scale institutional change. He works with innovators who see themselves as system stewards, often equipping them with practical mindsets, models, and measures to understand their own scenarios for equitably enhancing well-being. He is a member of the National Academies Roundtable on Population Health Improvement, a co-founder of the Well Being in the Nation Network, and a trusted design consultant for new endeavors that strive to expand the dynamic and democratic dimensions of system stewardship. Previously, Bobby spent 20 years planning and evaluating system- oriented initiatives at the Centers for Disease Control and Prevention, where he was the principal architect of CDC’s framework for program evaluation. He received CDC’s Honor Award for Excellence in Innovation, as well as Article of the Year awards for papers published in Health Affairs and Health Promotion Practice.

Cynthia Muller

Cynthia Muller is the Director of Mission Investing at the W.K. Kellogg Foundation based out of Battle Creek, Michigan. In this role, she is responsible for driving the strategy and performance of the foundation’s $100 million mission driven investments portfolio. She also oversees the foundation’s $50 million program-related investment portfolio and manages strategic impact investment activities that address systemic barriers that create vulnerable conditions for historically marginalized communities and children. Cynthia came to the foundation in September 2016 as the program and portfolio officer where she was responsible for developing and managing strategic market rate impact investment activities; sourcing and deploying market rate investments to increase social change impact; analyzing solutions and trends; and developing relationships in the field.
Prior to joining the foundation, Muller developed and managed Arabella Advisors impact investing practice where she helped foundations and individuals understand the field of impact investing; develop strategies and structure investments to accomplish their social and environmental goals.

During her tenure she oversaw deal sourcing and structuring of investments in health, education, microfinance, housing, and green technology—both domestically and internationally. Muller also led several evaluations of impact investment portfolios, and she regularly presented and blogged about trends and practices within the field. Muller previously led strategic initiatives at Capital Impact Partners, where she developed and managed impact investments and worked on nationally focused investment funds and initiatives targeting health, food, education, energy efficiency, and economic development. Cynthia serves on the boards of Groundswell and Enterprise Community Loan Fund.

Muller holds a Master of Business Administration from the Foster School of Business at the University of Washington and a bachelor’s degree in psychology from Stanford University.

The W.K. Kellogg Foundation (WKKF), founded in 1930 as an independent, private foundation by breakfast cereal pioneer, Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life.

Elissa Sangalli

Elissa Sangalli is committed to building sustainable local economies that put people first. She is the Senior Vice President/Incoming CEO at Northern Initiatives, a community development finance institution that provides loans and business services to small business owners in Michigan and neighboring Wisconsin. Previously, she served as the President of Local First and
Founder of Good for Michigan, bringing nearly 1,000 West Michigan businesses together to collaborate in building a vibrant community that encourages sustainable business, social enterprise development, and the creation of a more equitable and inclusive region. As a consultant and speaker, Elissa has magnified her impact in communities around the world. Elissa is a founding BALLE Fellow and a B Corp Measure What Matters Champion. She serves on the boards of Michigan Main Street, Michigan SBDC, and Social Venture Circle.

THRIVE Funding and Financing Strategy Regional Advisory Board
(FFS RAB)

The purpose of the THRIVE Funding and Financing Strategy Regional Advisory Board (FFS RAB) is to provide feedback, guidance, referrals and introductions in support of THRIVE’s regional efforts to attract the range of funding and financing needed to deliver improved health and sustained economic growth in our communities.

JoAnn Crary, CEcD, FM, HLM

JoAnn Crary is the President of Saginaw Future, a non-profit economic
development organization. She has held that position since 1993. Crary has a
Bachelor’s degree from Ferris State University and a graduate degree from
Central Michigan University. She is a Certified Economic Developer (CEcD), a
graduate of the University of Oklahoma’s Economic Development Institute and is
a certified Economic Development Finance Professional. In 2015, Crary received
the Fellow Member and Honorary Life Member designations by the International
Economic Development Council.

Crary was the 2015 Board Chair of the 5000-member International Economic
Development Council and in that role, she focused on Inclusive Economic
Development. It was a top priority of the IEDC Board, the Economic Development Research Partners and work of an Equity Committee, which identified policy issues, solutions and tools around economic opportunity. Widening the circle for economic inclusiveness continues to play an important role in IEDC’s strategic plan today. JoAnn remains involved in IEDC as is a member of the Committee for Professional Conduct and the Economic Development Research Partners.
She is also a member of the MEDC’s Collaborative Development Council, an advisory group to the Michigan Economic Development Corporation leadership. In 2016, Michigan’s Governor Rick Snyder appointed JoAnn to serve on the 21st Century Economy Commission to help recommend a vision for Michigan’s economic future and in 2017, the Governor appointed Crary to serve on the Saginaw Valley State University Board of Control.

Ms. Crary also serves on the Saginaw County Chamber of Commerce Board of Directors, DOW Community Advisory Panel, Huntington Bank Market Area Board, the City of Saginaw Brownfield Redevelopment Authority, Mobile Medical Response Finance Committee, The Hospital Bond Development Authority, Saginaw County Career & Technical Education Consortium Committee and the
Great Lakes Bay Regional Alliance Board of Directors.

Larry Daly

As the Director of Planning and Business Development for Covenant HealthCare, Larry Daly has responsibilities for developing and guiding the organization’s plan to meet the future needs of its patients, exploring and initiating new product offerings and creatively promoting Covenant HealthCare services. Daly joined the Covenant team in April of 2008 and has 40 years of healthcare experience. His career has included the development of strategic plans, the execution of marketing and advertising campaigns and collaborative work focused on improving community health. He has also been the organizational lead in measuring and delivering five-star customer service. Daly serves and has served on numerous boards and committees, from healthcare and finance, to the arts. He is a member of the American College of Healthcare Executives, the Society for Healthcare Strategy and Market Development, and is currently on the board of the Michigan Society of Healthcare Marketing & Planning, and the Saginaw Medical Federal Credit Union. Daly is an active member of committees for the Michigan Health Improvement Alliance, the Saginaw Community Health Improvement Plan, the Saginaw Art Museum, and Riverfront Saginaw’s Art and About committee.

Daly, a New Jersey native, holds a MBA from the University of Michigan-Flint and an undergraduate degree from Western Michigan University. He is married and has five children. His wife, Terri, is the co-owner of a Michigan manufacturing company, Precision Industries, in Flint.

Greg Dietrich

Greg has recently been promoted to be the Business Intelligence Analyst at Frankenmuth Credit Union where he oversees financial literacy efforts and government relations. He is responsible for FCU’s Low Income certification from the National Credit Union Association (NCUA) as well as becoming one of the first Community Development Financial Institution’s (CDFI) in the Great Lakes Bay Region. Over the past five years Greg has been the project coordinator for over $5M in awards from US Treasury’s CDFI fund that leveraged $30M in mortgages for credit challenged families and helped small businesses who offer fresh food options in federally designated food deserts. Greg is a Saginaw native, holds an MBA from Northwood University and is a US Air Force Veteran.

David Dittenber

David Dittenber is the President and CEO of Downtown Restaurant Investments and DLR Development in Midland, MI. For over twenty- five years, Dave has owned restaurants in the Great Lakes Bay Region of Michigan. He also founded GENE-5, a Start-Up Business Accelerator in 2018.

Dave graduated from Aquinas College with a Bachelor of Science degree with majors in Biology and Chemistry, which led him into the healthcare field where he worked for 10 years. He then spent four years as a consultant with Global Sales and Marketing Solutions, working on marketing and change management strategies for small to medium enterprise businesses.

In the time since, Dave earned a Master of Business Administration from Phoenix
University. He is recognized as a leader of economic development in Michigan’s Great Lakes Bay Region and is a very active member of the community, serving on a wide variety of regional and statewide boards. Dave’s commitment to the community has earned him recognition and prestigious awards including the Top 30 Under 30 and Entrepreneur of the Year by Saginaw Valley State University(2016), Central Michigan University(2017), and the Michigan Economic Development Corporation (2017, 2018).

He was also recently inducted into the Junior Achievement Hall of Fame class of 2020. He is a past chairman of the Michigan Restaurant and Lodging Association and a Regional Board of Director at Chemical Bank. He is also a member of numerous non-profit boards including Infuse, and the Michigan Health Improvement Alliance.

Dave enjoys the challenge that comes with being an entrepreneur and building successful teams. He resides in Midland, MI with his wife Amy, and children Drew (9) and Kelsey (7).

Maureen Donohue Krauss

Maureen Donohue Krauss serves as the CEO of Donohue Krauss, working with communities on activating their strategic plans in the areas of international and domestic business development, community development, and talent attraction. Many communities have studies that give them important data to base their economic development programs, but are lacking the boots on the ground direction that will lead to success. Krauss has been joined by several partners to assist communities in achieving their economic development goals.

She served as the first Chief Economic Development Officer at the Indy Chamber, where she oversaw the Indy Partnership, a regional economic development program of the City of Indianapolis and 9 surrounding counties. Krauss provided leadership through the Indy Partnership on programs and initiatives encouraging innovation and helping enhance business growth and acceleration. Specifically, these programs focus on attracting and retaining a talented workforce; helping mid-sized companies connect with new customers at home and abroad; international business attraction; and creating vibrant and inviting places where people want to live and work. She coordinated the development of platforms for marketing the region and led the region’s Top 20 Amazon HQ2 proposal.

Prior to joining the Indy Chamber, Krauss served as Vice President of Economic Development and Business Attraction at the Detroit Regional Chamber. She was responsible for strategy, operations and projects of the Chamber’s Business Attraction program, a key part of the Chamber’s economic development program portfolio. She collaborated with local partners in 11 counties in the Detroit Region, as well as the Michigan Economic Development Corporation, on
trade missions for both Governor Granholm and Governor Snyder. Krauss joined the Chamber in December 2011 after working in a similar capacity for Oakland County, Michigan for 13 years. She served as the Oakland County Director for the Department of Economic Development and Community Affairs following her promotion to that position in 2009. While at Oakland County, Krauss coordinated and participated in over 50 international trade missions in Europe and Asia.

In 2003, Krauss served as the President of the Michigan Economic Developers Association, along with serving three terms on the MEDA board. She has been awarded the top two economic development awards in Michigan and Arizona.
Krauss has most recently been an active Board member of the International Center and the Matchbook Learning Charter School in Indianapolis. Previously, she has been engaged in numerous international business and education Boards. Krauss has a Bachelor’s Degree in Political Science from Albion College and a Master’s Degree in Public Policy from the University of Michigan.

Craig Douglas

Craig Douglas lives in Carrollton with his wife, Joan, and serves on the Township Board there after more than four decades of service in public education in Michigan. Originally from Concord, Michigan, Douglas spent thirty-eight years in k – 12 education, working in Chesaning, Big Rapids, Oscoda, Elkton-Pigeon-Bay Port, and Carrollton school systems. Retiring in 2013, Douglas came out of retirement to get a glimpse of higher education, working at Saginaw Valley State University four more years. Douglas is a member of First Presbyterian Church (Saginaw) and belongs to the Saginaw Valley Rotary Club, Carrollton Lions Club, Emmaus House Board of Directors, Carrollton Education Foundation, and Saginaw YMCA. WNEM TV 5 regularly allows Douglas to appear in a 9:40 a.m. Tuesday segment entitled, “Education Matters,” designed to inform and uplift viewers on various aspects surrounding teaching and learning in the Great
Lakes Bay Region.

Wayne Hofmann

Born and raised in the Great Lakes Bay Region, Wayne is committed to forging partnerships across boundaries, real or imagined, to make our communities thrive and prosper. With a background that includes engineering, community planning, construction, and project finance, he seeks to bring insight, resources and relationships together to solve problems and fulfill community needs. He serves as Michigan Project Director for LocalCode, a socially conscious company seeking to spur regenerative economies across the Nation through physical redevelopment, strengthening local businesses, and encouraging local ownership. The first targeted community is Bay City, Michigan, where he also serves as CEO of LocalCode Bay City.

Wayne is also President and Co-Founder of Infuse Great Lakes Bay, an organization that seeks to enable incremental, residential, and historic redevelopment in the 8-county Great Lakes Bay Region in Michigan. The organization seeks to build municipal resiliency by rebuilding the tax base of communities throughout the region by revitalizing its physical assets and contributing to placemaking in traditional downtowns. He will discuss recent redevelopment efforts, as well as planned initiatives, in the Great Lakes
Bay Region.

Andrew D. Kruse

Andrew Kruse is the Director of Community Benefit for Ascension Michigan.

Mr. Kruse has been with Ascension for over 30 years. Positions that he has held while with Ascension include: St. Joseph Hospital, Flint, MI Health Education Manager; Director of Health Promotion and Disease Prevention; Genesys Health System Vice President of Mission Integration; Ascension Mid-Michigan Vice President of Mission Integration and his current role of Director of Community Benefit for the Ascension Michigan Market. In his current role, Mr. Kruse serves as the ministry market leader to oversee the process, schedule, accountabilities, relationships, reporting, and other administrative responsibilities related to Community Benefit, the Community Health Needs Assessments and Implementation Strategies for the Ascension Michigan Market.

He has a Bachelors of Science degree in Health and Physical Education from Central Michigan University, a Masters of Science degree in Exercise Physiology from the University of Arizona and a Masters of Arts in Health Care Mission from Aquinas Institute of Theology in St. Louis, MO.

He is married to his wife, Jodi who is a Middle School principal in the Grand Blanc Community School system. He has two grown children who work for Deloitte and reside in Royal Oak, MI.

Kristen McDonald

Kristen most recently served as vice president of Program and Policy for The Skillman Foundation, a Detroit non-profit organization focused on improving the lives of children. She has made it her mission to improve outcomes for children and ensure students graduate from high school ready for college, career and life.

In her role there, she developed and implemented city-wide education reform strategy, place-based neighborhood revitalization/school improvement integration strategy and public policy agendas addressing institutional inequality issues. In addition, she served as external voice for the vision of the foundation and provided leadership and management for all foundation program strategy including the direction of over $175 million in grants to Detroit schools over the last eight years. Prior to her work at the foundation, Kristen served as the chief of staff to State Superintendent of Schools Mike Flanagan. She has worked extensively in the policy field of early childhood education and was one of the chief architects of the Early Childhood Investment Corporation (ECIC) and Great Start, Michigan’s system of education and care for children from birth to kindergarten. Kristen earned her bachelor’s degree in history from Michigan State University and her master’s degree in public administration from the University of Michigan Flint/Ann Arbor.

Francine Padgett

Francine Padgett serves as the senior vice president and CFO of MidMichigan Health and MidMichigan Medical Center– Midland. Francine functions as an officer of MidMichigan Health, its Secretary and Treasurer. She oversees Compliance, Internal Audit, Financial Planning and Analysis, Finance, Revenue Cycle, and Treasury. Her working relationship with MidMichigan Health began in 1990.

Previously, she provided audit services to The Dow Chemical Company, as a senior manager at Deloitte & Touché. Francine received her Bachelor of Science degree from the University of Missouri and an M.B.A. from the University of Cincinnati, both with honors. She is a Certified Public Accountant and a Fellow in the Healthcare Financial Management Association.

Tony Stamas

Tony Stamas is the President and CEO of the Midland Business Alliance. As a lifelong Midland resident, Stamas brings 30 years of expertise in business, government and advocacy at the local and state levels. Growing up in a local business – his family has owned Pizza Sam’s since 1960 – gives Stamas a unique and first-hand perspective on Midland’s business community.

Stamas also has experience advocating for business at the statewide-level, most recently as a Vice President at the Small Business Association of Michigan. He also served as Chief of Staff for the Senate Majority Leader and as the Director of Government Relations and Public Affairs in the Michigan Department of Community Health. Stamas also served as both a State Representative (98th House District) and State Senator (36th Senate District). Tony is a graduate of Michigan State University. He resides in Midland with his wife Sara and their two children.