The Center began operations with no office or full-time staff. It formally opened offices in Midland in 1988 with its first president, Lawrence W. Reed, an economist, writer, and speaker who had chaired the economics department at Northwood University. The Lansing-based Cornerstone Foundation provided early direction and some funding. The Center's first annual budget under Reed was $80,000. In 1999, the Mackinac Center moved from rented offices to its current headquarters after having raised $2.4 million to renovate a former Woolworth's department store on Midland's Main Street.
